The prospects of cutting the cost of governance in Nigeria look promising. But will it propel the country’s journey to economic prosperity? Experts responded in affirmative.
Nigerians don’t necessarily need alms, they only need an environment that makes it possible for them to make money and create wealth.
…Singapore recognises cryptocurrency as a major economic booster; hence, it places no restrictions on its trade. Likewise, Switzerland, Germany, and the US. These countries recognise the advantages of cryptocurrency and prioritise it as one of their economic boosters.
Under the NBS’s new system, ’employed’ individuals are anyone in the working-age population who engage in any activity to produce goods or provide services for pay or profit… Government uses these types of metrics to determine what to tax and who to tax, and the data processing unit might just be laying a foundation for the government to trap the poor struggling working class into taxation.
For over a decade, NPFL, despite being the highest-level club football league system in the country, has continued to remain a shadow of its old self.
It is pertinent for the Nigerian government to review policies that might be holding the country back. The leaders must be championing economic freedom, transparent governance, and a commitment to protect human rights
The series of attacks witnessed by Nigerians in various parts of the country is proof that Nigerians are far from enjoying complete personal freedom…. If human freedom is worse, economic investment will not improve, which rings back to underdevelopment.
Agbero informal taxes suck drivers their profits and rarely make it to government’s coffers
Ahmed Adamu, a petroleum economist and associate professor at Nile University of Nigeria, condemned government’s borrowing plan and recommended cutting the cost of governance as a way to manage the country’s resources.
It is unsurprising President Tinubu is requesting for the approval of $8.6 billion loan as the “Federal Government’s 2022-2024 external borrowing plan”. Since he assumed
Though Adekanbi residents are not aware, the accessible telecommunication services to their villages is part of the impact of the deregulation of the telecommunication sector that started as far back as 1992.
Government policies can both propel and impede economic growth. Unfortunately, in Nigeria, abrupt shifts in policy have been more of a hindrance than a help.
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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.
