25 May

The week ahead – The pursuit of obviousness

In the early hours of 22 May, gunmen abducted the wife, three children and three relatives, of the Commissioner for Youths, Sports and Skills Acquisition in Zamfara, Alhaji Abdullahi Bore. The attackers broke into the home of the Bores in Gurbin Bore village, Zurmi Local Government Area in the northwestern Nigerian state between 1 and 2am, according to state police spokesman, Mohammed Shehu. Bore said no ransom demand had been made and the matter had been reported................   read more

18 May

The week ahead – Not so fast

Annual inflation in Nigeria stood at 12.48 percent in April, its lowest level in more than two years and its 15th straight monthly drop, the NBS has announced. It fell from 13.34 percent in March. A separate food price index showed inflation at 14.80 percent in April, compared with 16.08 percent in March. Food inflation has been in double figures for nearly three years but has slowed for the past six months. The highest increases were recorded in potatoes, yam and................   read more

16 May

Analysis – Forte Oil prepares for strategic battle

On May 2, 2018, Forte Oil announced its intention to sell its upstream services and power businesses in Nigeria, as well as its operations in Ghana, which in 2017 accounted for 3.7% of the company’s sales. The decision, as per the press release, is in order to focus on its core fuel distribution operation at home, and to invest in storage infrastructure. In explaining the decision to restructure its business and focus on the domestic downstream value chain, the company................   read more

11 May

The week ahead – It’s time for history class

At least 45 people died in an attack on a village in northern Nigeria, a police official told the media on 6 May, the latest in a string of incidents underscoring insecurity in parts of the country. It was not immediately clear why Gwaska village in Kaduna was attacked the day before. “Yesterday we recovered 12 corpses and today we retrieved 33,” Austin Iwar, Kaduna’s commissioner of police, told Reuters by phone. The village, in the Birnin-Gwari area of Kaduna,................   read more

04 May

The week ahead – A familiar playbook

Nigeria has issued a ban on the use and issuance of permit for the importation of codeine cough syrup to curtail the gross abuse of the drug in the country.The health Minister, Isaac Adewole, stated that codeine-containing cough syrups should be replaced with less addictive ingredient-containing cough syrup, dextromethorphan. While placing a ban on the sales of codeine without prescription across the West African country, he also directed with immediate effect, the................   read more

27 Apr

The week ahead -The fundamentals need to be looked at

The Christian Association of Nigeria, CAN, has called for a national day of protest against unending killings and bloodshed in the country. The call was made after two priests and 17 worshippers were killed by gunmen at St. Ignatius Catholic church, Ayar Mbalom, Gwer East LGA of Benue State, on Tuesday morning. After attacking the church, the gunmen proceeded to sack the entire village. Another attack on Wednesday morning hit three villages – Mbakpase, Tse-Ali, and................   read more

20 Apr

The week ahead – The mace returns to its roots

Nigerian police fired bullets and tear gas to disperse Shiite Muslim protesters marching for their leader’s freedom in the capital on 16 April, and organisers said at least one demonstrator was killed and several were wounded by gunfire. Islamic Movement of Nigeria (IMN) leader Ibrahim El Zakzaky has been jailed since December 2015, when security forces killed hundreds of members in a crackdown on a group estimated to have 3 million followers. The violent repression................   read more

13 Apr

The week ahead – When you come right down to it, life holds no surprises

President Muhammadu Buhari has approved the extension of the Voluntary Assets and Income Declaration Scheme (VAIDS) to 30 June 2018. The short extension after the original 31 March date is based on the appeals of professional bodies and individual taxpayers, Femi Adesina, the presidential spokesman said in a statement. Adesina added that no further extension of time will be approved after 30 June. The statement said the new date was given based on the conviction of................   read more

06 Apr

The week ahead – Uneasy lies the crown

Senate President Bukola Saraki has told the Federal Government to let the implementation of the 2017 budget run till the end of May 2018. Saraki’s comment, which was directed at Finance minister, Kemi Adeosun, followed a point of order raised by Atai Aidoko (PDP, Kogi East). Aidoko brought the attention of the senate to a circular issued to Ministries, Departments and Agencies, which said that 2017 budget funds will be “mopped up” by March 31. Claiming that the................   read more

23 Mar

The week ahead – Wishful expectations get bitten by cold realities

Islamist militants freed scores of kidnapped Nigerian schoolgirls on 21 March, driving them back into the town where they had been captured a month ago. The captors gave no reason for their release, which triggered celebrations and tears, but the government denied that a ransom had been paid. Several of the girls said some of their friends had died in captivity and one was still being held. The fighters from the Boko Haram group, some shouting “God is greatest”,................   read more