Government intervention in the economy misallocates resources. The greater the extent of intervention, the more the unintended and unpredictable consequences.
Recently, headlines spotlighted how Africans lost over €60 million in 2024 alone to rejected Schengen visa applications. But beyond the outrage over wasted money lies the systematic shutting out of African talents and opportunities from the global stage.
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.
Beyond corruption and electoral malfeasance, a harsh economic condition, including a historical inflation hitting 40 per cent on food items, pushed average Nigerians to a squalid condition.
Lanre-Peter explained that African unity is a catalyst for economic integration, following U.S. President Donald Trump’s new tariff policy.
Experts are raising concerns that Trump’s decision marks a shift away from trade liberalisation principles in Africa.
This funding will enable the organisation to recruit journalists from Nigeria, Kenya, and Zambia to produce pro-freedom stories.
Studies consistently show that Nigeria’s import system faces challenges such as high tariffs, unclear valuation procedures, and frequent policy shifts, making it harder for businesses to operate.
From an alternate perspective, a pan-African study finds that Nigeria’s political leaders have weaponised social policies for short-term electoral gains, prioritising optics over sustainability.
…the telecom industry is always under pressure, not because consumers pay less but because the government taxes more.
…experts believe the policy is more of a disservice to the very economic situation it’s aimed to improve.
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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.
