Tag Archives: Femi Onakaren

  “As much as they want to, and are empowered by the constitution to, protest against national and social issues they feel strongly about, it would be great if they exercise the same rights to take advantage of the many programs designed especially for their benefit” PEGASUS REPORTERS, LAGOS | AUGUST 1, 2024 The federal government, in its drive to ...

  “To start off, the CBN deployed a simple law of economics; if demand increases, price will increase. It offered to test the market by selling FX to BDCs at a rate lower than the prevailing parallel market price. This is called market making and is an extension of the obligations of the central bank to provide market stability.” PEGASUS ...

  “Ultimately, the FX sweet spot is more than just a figure. It is a destination determined by the progression of critical macroeconomic indicators. The suggested approaches above will result in significant appreciation of GDP and ensure a better distribution of wealth in the country. Thus, the FX sweet spot, just as with previous submissions regarding the subject, is not ...

  “The truth is that budget padding and constituency projects irresponsibility needs several layers of collusion to be feasible. It is also a truth that many Nigerians are more interested in vilifying along ethnic, religious, or political differences than in holding the responsible parties, from elected officials to civil servants, and the awarded contractors.” PEGASUS REPORTERS, LAGOS | MARCH 17, ...

  “Our civil servants actively run private businesses during work hours. They sabotage processes in exchange for bribes. They facilitate corrupt practices by compromised officials. They barely put in a dedicated 2 hours of work daily out of the 8 hours of employment. But they expect to be fully remunerated for their inefficiencies” PEGASUS REPORTERS, LAGOS | FEBRUARY 12, 2024 ...

  It therefore makes perfect sense for the NIMC to leverage the message of access to palliative cash transfers and other socio-economic benefits that will accrue from listing on the social register to deepen, and update, the national identity database. PEGASUS REPORTERS, LAGOS | JANUARY 17, 2024 In April 2023, the Federal Government announced that Nigeria had secured an $800 ...

  “All agitations to disrupt governance and undermine the presidency are not just an assault on the incumbent. It is an assault and affront to the 220 million citizens of Nigeria, home and abroad, who do not have any other country for historical and cultural origination.” PEGASUS REPORTERS, LAGOS | NOVEMBER 5, 2023 The recent electoral cycles of February 25 ...

  “This writer, however, thinks the NIMC holds the winning cards and has a unique role to play in this scenario. It is my firm belief that the institution should be empowered with the task of helping states, nay, the country, create credible social registers for the cash transfer palliative project.” PEGASUS REPORTERS, LAGOS | OCTOBER 31, 2023 In April ...

  “There is a need to shift focus to matters that will create employment rather than bellyaching over perceptionally jaundiced data. The uproar should be more about addressing the unemployability and underemployed challenges than crying over unemployment. The politicization of unemployment is a tool for politicians to continue exploiting the pains of the people for personal interests and gains” PEGASUS ...

  “Initially, this applied to the kobo end of transactions. Over time, we succeeded in killing the transactional value of the Kobo fractional unit of denomination. Without utility, the Kobo became redundant and faded into obscurity with its relevance restricted to spreadsheet presentations.” PEGASUS REPORTERS, LAGOS | AUGUST 20, 2023 Nigerians are quite peculiar in one area of money management; ...