December 24, 2016

Day

By Aare Afe Babalola, SAN “It was always a matter of time before we would realize the dangers of an economy that is largely based on oil revenue. This dependence coupled with the huge cost of running and maintaining our political structure was always a recipe for disaster.” After months of speculation, Nigerians have finally...
Read More
By Aare Afe Babalola, SAN A recession has many attributes that can occur simultaneously and includes declines in component measures of economic activity (GDP) such as consumption, investment, government spending, and net export activity. These summary measures reflect underlying drivers such as employment levels and skills, household savings rates, corporate investment decisions, interest rates, demographics,...
Read More
By Aare Afe Babalola,SAN “In the earlier 70s it was stated by the then Military Government that the problem of Nigeria was not money but how to spend it. Regrettably, much of the revenue which accrues to government is spent on maintaining political structures rather than provision of social amenities to the populace”. Before the...
Read More

Recent Comments

    Archives