EDITORIAL: Banks and the cashless policy

The cashless policy is an initiative introduced by the CBN to reduce the amount of physical cash in circulation thereby encouraging the use of electronic platforms for settlement or payment for goods and services. The aspect of the policy earlier introduced in Lagos State from January 1, 2012, tagged (Cash-less Lagos) now became fully effective…

The $1bn aid of Norway to North East

Recent report to the effect that the immediate past Ambassador of Norway to Nigeria, Jens-Petter Kjemprud, had listed the organisation of two donor conferences that raised $1bn for the development of the North East as one of his achievements in office, is quite remarkable. The gesture is an ample demonstration of good friendliness and mutual…

Do not rig Edo election

The much awaited Governorship election in Edo state will hold on Saturday 19th September, 2020. We are worried that the election, if not properly managed, would be marred by heavy gun fire, late arrival of voting materials, killings, reports of ballot box snatching, technology failures, results manipulation and even violence as recently witnessed in other…

RSG’s Ban On Keke

Given conspicuous traffic hazards on some roads in Rivers State, the State government has taken a bold step to impose a total ban on the use of tricycles popularly called “keke NAPEP” on major roads in the Port Harcourt and Obio/Akpor local government areas. This was contained in a statement by the State Commissioner for…

EDITORIAL: The incidence of doctors’ errors

Medical personnel, especially doctors, are very important in the chain of persons in the health care delivery system in society. It is inevitable that the human body will break down at some point and the need to seek medical attention will arise. Once there is an identified need for medical care, medical personnel, stand at…

Nigeria’s victory in $9bn P&ID case

The go ahead granted to Nigeria by a London court to appeal a $9bn judgment debt against Process and Industrial Developments (P&ID) is indeed a welcome relief. The judgement is a welcome development, particularly as the country is facing an imminent recession due to monumental revenue losses arising from the novel coronavirus pandemic. The Attorney-General of the…

EDITORIAL: Policing the nation: What options?

The Federal Government has approved the sum of 13.3 billion naira for what it calls “community policing.” Although information made available to the public so far on this system of policing is sketchy any effort made by the federal government to improve the security situation in the country must be commended. From what we know…

Adesina’s second term at AfDB

Akinwumi Adesina WE congratulate Nigeria’s Dr. Akinwunmi Adesina for his re-election as President of the African Development Bank, AfDB, by the Bank’s Board of Directors with the full support of other stakeholders on August 24, 2020. It is a deserved victory because in politics, it is said that one good term deserves another. Adesina’s successful…

Sports ministry and restart conditions

At the weekend, the League Management Committee (LMC) rolled out financial regulation conditions for the Nigeria Professional Football League (NPFL) teams to submit season licensing applications which will be verified before a decision will be taken.   We recall that the elite domestic football league in Nigeria was officially transformed from amateur to professional cadre…