ASUU Sues FG Over Varsities’ Governing Councils  
January 5, 2009
The Academic Staff Union of Universities has dragged the Federal Government before the Federal High Court in Lagos, challenging the propriety of President Umaru Yar’Adua’s refusal to reconstitute the governing councils of the federal universities. The Federal Government was said to have dissolved the governing councils on October 23, 2007.

FG Moves To Re-introduce Naira Redenomination  
January 5, 2009
When on August 14, 2007 the governor of the Central Bank of Nigeria (CBN), Professor Chukwuma Charles Soludo announced plans by the CBN to redenominate the Naira, a cacophony of voices trailed it. The CBN was summarily summoned to the Federal Executive Council where he defended the action of the apex bank in pursuing the redenomination of the local currency which simply entails the removal of two zeros from the local currency.

Naira Redenomination Risky For The Economy- Dr. Ayagi  
January 5, 2009
I think it was suspended for excellent reasons; many people made arguments against it. I know when it was first introduced, Nigerians kicked against it because it was against their interest. It was introduced unilaterally by the CBN without consultation with the government. As individuals, we made presentations, and institutions also made presentations to government, and when government took into consideration all these things, it decided to stop the policy.

Naira Redenomination: Conditions Not Right In Nigeria – Prof Kwanashie  
January 5, 2009
Professor Mike Kwanashie was Economic Adviser to former Vice President Atiku Abubakar. In this interview with Sunday Trust, he speaks on the redenomination of the Naira and why President Umaru Musa Yar’adua should tread with caution on the issue, among other dangers inherent in the redenomination policy.

Thrills, Intrigues Of Oil, Gas Sector In 2008, Expectations For 2009  
January 4, 2009
THOUGH stormy, it can't be compared to big storms like Catrina, Ike or Gustav, the nation's oil and gas sector in 2008 experienced situations that made a lot of people edgy and unbalanced. Amidst the uneasiness that enveloped the sector during the outgoing year, government had no room for slumber, while the operators had no course to relax, with consumers taking a permanent sit at the edge of their chairs expecting what may either be the next succour or hardship.

Nigeria's Power Sector Still At Lowest Ebb, Despite Reforms  
January 4, 2009
INDUSTRIALISATION anywhere in the world is driven by stable power supply, but while trying to review the Nigerian economy in the year 2008 as regards its power sector performance, only little can be said about its improvement. Presently, the country with an installed capacity to generate about 3000 mega watts of electricity is barely generating about 2,200 megawatts.

Beyond The Uwais Committee's Report  
January 4, 2009
An analysis of the need for entrenching discourse as well as electoral reforms for a qualitative institutionalization of the electoral process in Nigeria

The Return Of Dr. Rilwanu Lukman As Petroleum Minister – Can He Turn Nigeria’s Oil Wealth From A Curse Into A Blessing?  
January 4, 2009
Dr. Lukman is schooled in OPEC’s consensus-based decision-making process. All issues are resolved and agreed upon based on general consensus by all parties. There is no room for obsolescing bargaining game. I expect him to bring these alternative policy and bargaining options and tradeoffs in his handling crisis situations; especially in trying to resolve government –civil society disagreements over domestic fuel pricing and subsidies removal.

GHANA ELECTION UPDATE - Ghana's President-Elect Prof Mills Won 8 Out Of 10 Regions  
January 4, 2009
Accra, Jan. 03, GNA – The President-Elect, Professor John Evans Atta Mills won eight out of 10 regions while the candidate of the outgoing ruling New Patriotic Party, Nana Addo Dankwa Akufo-Addo won two regions during the Presidential Election Runoff.

History Lesson 101 - Lugard And Colonial Nigeria  
January 4, 2009
This original article, titled “Lugard And Colonial Nigeria – Towards An Identity?” was written by the great historian, Michael Crowder – History Today, February 1986, Vol. 36, pp 23 – 29. I am again merely reproducing this fine piece that throws more light on the feud and rivalry between our colonial administrators and which seem to have been passed down to us, and is the causative of most of the ethnic distrust and problems that still exist in Nigeria today. I...