One audacious policy undertaken by the immediate past administrations of Dr. Goodluck Jonathan and Chief Olusegun Obasanjo was the unbundling of the electricity behemoth –Power Holding Company of Nigeria, PHCN and the consequent privatization of its 17 successor- companies- which gave birth to the current Generation Companies, Gencos, and the Distribution Companies, Discos.
The bailout by the Federal Government for states owing workers salaries should be regarded as a wrong step in the wrong direction. Bailing out the states to pay salary arrears of workers in the states is just like robbing Peter to pay Paul.
That the intractable problems presented by tankers and other articulated vehicles on our roads have remained prevalent bear eloquent testimony to our inability to tackle head-on problems that confront us as a developing nation.On May 31, 2015, in Onitsha, a fuel truck rammed into a busy motor park, claiming 50 lives, including a pregnant woman and children.
The peaceful resolution of the National Assembly leadership crisis, commendable as it is, will no doubt strengthen democracy and let Nigerians continue to reap more dividends of democracy.
PRESIDENT Muhammadu Buhari’s recent appointment of Service Chiefs and the National Security Adviser, NSA ,three of whom are from the North East geo-political zone is not only lopsided but completely negates the federal character principle as enshrined in the 1999 Constitution as amended and not reflective of the diverse ethnic nature of Nigeria.
The recent policy decision by the Central Bank of Nigeria, CBN, to stop official allocation of foreign exchange to some 41 items is a welcome development and must be pursued with vigour and transparency.
the continued strike by workers of Federal Medical Centre (FMC), Owerri, Imo State, even after the Board of the hospital has ordered the stoppage of the process of privatizing some sectors of the operations of the hospital, is worrisome.
The sweeping indictment of some of Nigeria’s erstwhile military top brass for war crimes and possible crimes against humanity by the Amnesty International (AI) recently, is not only a distraction but a cynical indictment capable of denigrating and dampening the morale of the nation’s armed forces.
NEVER since the inception of the Federation Internationale de Football Association (FIFA) has the world’s football governing body been enmeshed in corruption allegations as has been the case in recent times.
Chairman of Dangote Group and Africa’s richest man, Mallam Aliko Dangote, has never hidden his passion for football.