Nigeria’s shea ban could boost local production, but weak capacity and finance threaten its impact.
The Federal Government suspended the four percent customs levy after backlash over its impact on trade, competitiveness, and inflation.
Government spending, whether through taxation, borrowing, or printing money, never creates wealth but merely redistributes or destroys it.
The new customs levy could propel a price surge in consumer goods.
According to analysts, President Tinubu’s removal of the 5% telecom duty will ease costs for subscribers, support SMEs, and boost investor confidence in Nigeria’s digital economy.
Retaliatory tariffs, Dr. Malan argued, would only worsen South Africa’s already fragile economy.
Government intervention in the economy misallocates resources. The greater the extent of intervention, the more the unintended and unpredictable consequences.
Mozambique’s embrace of AfCFTA reforms comes at a time when its economy is navigating a fragile recovery
Rather than imposing more taxes, the government should reduce barriers to digital access.
The continent’s largest economy on board means the vision of a unified African free trade area just got brighter.
Emeka is not only pained about giving the values of his sweats to people who had no idea how he made them, but also the fact that there are several areas in the market which require rehabilitation.
Lanre-Peter explained that African unity is a catalyst for economic integration, following U.S. President Donald Trump’s new tariff policy.
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Get new insights on pro-freedom issues and current events. Subscribe to ‘Letters of Reasoning’ for weekly expert commentary and fresh perspectives.
