New Nigeria Vanguard

Every man is allowed to change his opinion on issues as he grows and matures.  2010 was a lifetime ago before the fury of current IPOB Agitation which has put the issue of restructuring front and center even compelling the Vice President to promise to see it through, so truly it is time to restructure Nigeria.  But now comes the APC in its infinite wisdom appointing El-Rufai, a politician who has vacillated on national issues exposing his ethnic and regional leanings and bias in public statements attached herein, as chairman of the parties restructuring committee. One can only wonder why a national ruling party  In diverse Nigeria would choose a politician  lacking perceived neutrality and a lightening rod for accusations of manipulation especially at a time when it is rumored that he is the candidate of a cabal determined to force him on the country as VP if Osibanjo becomes president if ailing Buhari ever gets incapacitated.  Already, it is clear, and perhaps ...

By Terhemba Osuji  Well the Minister of finance (I am always mesmerized by her accent, please don't tell her) has finally confirmed that Nigeria is broke and the country can no longer borrow to finance its deficit spending on salaries and other miscellaneous items.  She also hinted that it is time to explore new ways of taxing areas of the economy that have been dodging taxation to fill the shortfall in revenue.  In signaling a shift towards exploring new tax revenue, the minister seemed to overlook the fact that:  1. The legitimate tax base has been under assault by this administration through its rash forex rationing policies and many companies and airlines have fled, all the indices of production are down, basically this administration is facing a terribly depleting tax base that will shrink further by more taxation. 2. Though growing steadily, only a sliver of economic activities are conducted by credit or by charge, most of the daily economic activity in the cou...