Dangote refinery has signalled that private sector involvement in the oil and gas industry can attract unimaginable investments and create employment opportunities for Nigerians.
Experts warn new levy could stifle investment, destabilise financial sector, and worsen economic challenges.
For a disease that necessitates regular medication, the hike in drug prices leaves patients with few alternatives and a growing sense of despair.
Experts believe when importation is expensive, costs of living soar and essential commodities become unaffordable.
Our findings revealed that by dictating to hardworking Nigerians how much to sell their goods, not only is the price control immoral, but such policies can create more scarcity and further inflate the price of goods.
Using competition to reduce airfare is not alien to the Nigerian aviation sector. A few months ago, a Nigerian major air carrier, Air Peace, secured a deal to fly to the United Kingdom from Lagos and pegged its flight ticket prices at a record low compared to its foreign counterparts.
Implementing the cybersecurity levy looks as though the CBN aims retrogression of digital banking.
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.
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.
Get new insights on pro-freedom issues and current events. Subscribe to ‘Letters of Reasoning’ for weekly expert commentary and fresh perspectives.
A pro-freedom magazine to enlighten the common Africans about their rights
Stay up to date on The Liberalist with our newsletter.
By subscribing, you agree to our Terms and Conditions.
© 2024 The Liberalist. All rights reserved.
