Columns

Economy: The Cybersecurity Levy is For Your Own Good – Reno Omokri

  “If Binance had not been found out, and they had continued to funnel $25 billion out of Nigeria, that singular action would have meant that our Gross Domestic Product (the sum of all the wealth in Nigeria) would have dropped further by 6.5%.” PEGASUS REPORTERS, LAGOS | MAY 8, 2024 This Cybersecurity Levy is not a policy or regulation ...

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Yahaya Bello: EFCC Deserves Public Support to Prosecute Corruption, other Crimes – Dr. Tonnie Iredia

  “Indeed, Yahaya Bello’s case shows clearly that many Nigerians cherish the pursuit of shadows rather than substance by focussing on incidentals. It is more irritating that learned analysts are leading the resort to mundane and irrelevant issues. So, not much is said about the stupendous amounts suspected to have been embezzled. Instead, when, where and how Bello was invited ...

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Economics 101 to the Rescue: Unraveling the Mystery of the Appreciating FX rate – By Femi Onakanren

  “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 ...

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Attention Pro-Feminists Worldwide; Talk is Cheap, Despite its Destructive Ability – Kichime Goyang Gotau

  “For years, Nigeria’s Canada-based Chimamanda Adichie, spoke and taught women issues including “that submission was anathema to their dignity, peace of mind and growth…”, She insisted that a woman shouldn’t submit to a man, but they should be co-leaders in their home. When her ‘tailor husband’ showed interest in taking her off the streets, she started preaching submission.” PEGASUS ...

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Impeachment of Philip Shaibu: the Culmination of Betrayal and Counter-betrayal in Edo State – Mallam Oyakhamoh Y. Carl-Abu’Bakar

  “As in most history of betrayals, when the hurly-burly is done, the battle lost and won, in-fighting for superiority and personality altercation took front stage. While grapevine had it that Obaseki had promised Shaibu the governorship ticket after his tenure, it turned out that the governor had other plans as he opted for a different candidate instead of Shaibu. ...

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Opinion: Military in the Niger Delta: Oil, Sorrow, Blood and Deaths – By Erasmus Ikhide

  “A serious-minded Nigerian army should by now be leveraging on the usage of geotagging as an effective tool in combating security challenges, which can be used by assigning a geotag to a digital photograph or video; a posting on social media, phone calls, etc; by geotagging the location of the individuals and pinpointed them instantaneously.” PEGASUS REPORTERS, LAGOS | ...

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NGN FX Rate: What’s that Sweet Spot? The 3-Pronged Tactical Roadmap Approach – Femi Onakanren

  “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 ...

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Nigeria’s Social and Economic Development: Perambulations in the Maze of Majoring in Minors – By Femi Onakanren

  “Many are unaware of the huge amounts spent on civil servants yearly to attend different courses across the world. This is a regular occurrence. Since we are still suffering from an inefficient, corruption-facilitating, and bureaucracy-tied civil service, shouldn’t this also be considered a waste? Or is it because there was no opportunity for public review?” PEGASUS REPORTERS, LAGOS | ...

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Kidnapping: Citizen Erasmus Ikhide calls-out President Tinubu on how to fix the Nigerian state of horror.

  “According to SBM report in the study spanning July 2022 to June 2023, at least 430 civilians were killed, while over N5 billion was demanded from 3,620 persons in 582 kidnap-related cases under one year, according to a new report by SBM Intelligence. This, as a result of insecurity in Nigeria, has led to the country’s name missing from ...

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Budget Padding Allegations and Constituency Projects in Nigeria: The Truth, the Myths, and the Painful Realities

  “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, ...

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