The imperative for export diversification Recent data by the National Bureau of Statistics shows that crude oil accounts for over 80% of what we export. There are lot of reasons why this is a problem, not least because it makes our economy extremely vulnerable to the fluctuations in oil prices. Recall that Nigeria’s 2016 recession… Read More Crude oil rises from 71% of Nigeria’s total exports to 83% – How do we remedy this?
A few weeks ago, I stumbled on a report by the National Bureau of Statistics which revealed the credit allocation made by Nigerian banks to the country’s private sector. The findings of the report caused me to think and reflect on why the oil and gas sector receives most of the private sector credit while… Read More Why are Banks not lending to Agriculture?
Paddy Adenuga’s story – Amaka’s take The son of one of Nigeria’s billionaire businessmen recently released an interesting and intriguing story about how he attempted to buy one of the world’s largest corporations, Chevron at only 29 years. The story shows a determined, resilient, focused and persistent young man and at the same time the… Read More Trending topics: Africa’s single air market; Kenya’s two Presidents; Nigerian Churches vs Voter apathy.
Election season in Nigeria is here again! To be honest, it’s a little hard to believe that President Buhari’s 4-year administration will soon elapse because I remember vividly the day he was elected. There was so much hope and expectations but today all that seems to have disappeared and have been replaced with gloom and… Read More Nigeria’s 2019 elections – Five ways to be an informed voter!!
Hello Blogfam!! Happy new year, albeit a very belated one. My 2018 has started on a relatively slow note as I take out time to finalise my plans and strategies for the year. I am excited, giddy, nervous, anxious and optimistic- yes all of these emotions- as this year may turn out to be the… Read More Happy new year!! Top 2017 blogs and New features for 2018.
Hello blogfam! I have missed the blog so much, the end of the year has been much more intense than I had anticipated – so many personal projects with deadlines just happened to fall within this period and given that I ain’t no superwoman, I must admit, it’s been hard to juggle everything effectively but… Read More British Council Future leaders connect diaries – Part 3: Meeting the Elders, visiting the UK Houses of Parliament and No.10 Downing street.
Last week, I began a series of posts about the British Council’s Future Leaders Connect Programme, you can find the first here – where I discussed the purpose of the programme and the application/selection process. The programme was divided into two phases – we spent the first 5 nights at the University of Cambridge and… Read More British Council Future leaders connect diaries – Part 2; My EPIC Cambridge experience!!
Hey blogfam, before I proceed, I would like to apologise for the rather long hiatus, believe me, it was not intentional, I was very overwhelmed! And I promise to make it up to you. As some of you may know, earlier this year I alongside 5 other AMAZING Nigerians were selected out of over 4000… Read More British Council Future Leaders connect diaries! Part 1. – Application and selection process.
Over the next few days, I shall engage with 49 future policy leaders from across the world to deliberate on some of the world’s biggest issues. My personal agenda is to understand how policies can help developing countries especially those in Africa to build industries and create jobs for its young and growing population! Indeed,… Read More Lessons in the pursuit of industrial development by African governments
Recently the Nigerian Bureau of Statistics announced that Nigeria is officially out of a recession after recording a positive growth rate of 0.55% after five consecutive quarters of negative growth rates. This is good news and should hopefully be a turning point in our economic fortunes. However before we get too carried away, I believe… Read More As Nigeria exits the recession, here are four key lessons!