Tag Archives: World Bank

Time for North to Get More Revenue

By ZAYYAD I. MOHAMMED At present, all the 19 northern states cannot effectively function without the monthly allocation from the Federation Account. But can the 19 northern states ever survive without the monthly allocations from the Federation Account? – Certainly yes; if the region can wake-up from its slumber. The thirst of northern Governors for

Austerity in US and UK – Ranks of Working Poor Grow Despite Social Safety Nets

By EJIKE E. OKPA 11 The IMF president, a French national recently went to Nigeria to tell them what to do with their economic situation as it relates to fuel subsidy. Of course, one could have said, a ‘Daniel Come to Justice’, a machination of Nigeria Finance Minister Ms Okonjo-Iweala, who believes into to in

Our Golden Girl

Ordinarily, the process of electing the World Bank president is as ‘democratic’ as that of electing the Peoples Democratic Party (PDP) National Chairman: it’s always a family affair! In PDP, the president anoints and the party delegates endorse. At the World Bank, America nominates, the rest of the world ratifies. To date, there have been

World Bank Interest better served as Finance Minister

Africans now have this hang-up on international positions, considered as prestigious. You must remember that Africans have been Pope, Europe conqueror, United Nations President and now American President. None of these is enough as long as your Continent remains in shambles. If you know you are good enough to rule the world, rule your country

Power Sector Liberalization and Capacity Shortage

By FELIX AYANRUOH Introduction: Nigerian has one of the most problematic electricity sectors in the world, with an estimated installed electricity generation capacity of 8,644 MW, and available capacity of only approximately 3,200 MW, to cater for the needs of a population of about160 million. By comparison, South Africa, with a population of just 50

Will Liberalizing the Power Sector solve the Problem of Capacity Shortage?

By FELIX AYANRUOH Introduction Nigeria has one of the most problematic electricity sectors in the world, with an estimated installed electricity generation capacity of 8,644 MW, and available capacity of only approximately 3,200 MW, to cater for the needs of a population of about160 million. By comparison, South Africa, with a population of just 50

World Bank Presidency: Hats off to Ngozi

When economists from the World Bank visit poor countries to dispense cash and advice, they routinely tell governments to reject cronyism and fill each important job with the best candidate available. It is good advice. The World Bank should take it. In appointing its next president, the bank’s board should reject the nominee of its

Bullying in the Nigerian Workplace

By MUTTI YOVBI That bullying has become entrenched in the Nigerian workplace is probably not surprising or noteworthy because after all it is a fitting reflection of the predatory and exploitative behaviour that has come to typify interactions across various facets of our social sphere. From street gatemen who refuse to open gates for not

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