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Sad return to the broken chains

In June 2005, we were so ecstatic in celebrating the debt relief offered us, a relief of over $20billion dollars, which was beyond the total revenue of Nigeria for one year. So happy were we that President Olusegun Obasanjo as he was then) GCFR, had to make a broadcast to the nation on June 30, 2005. He followed the broadcast by appearing before the joint sitting of the National Assembly on July 26, 2005 to speak on the issue. In the broadcast, he declared, “How did we work to get out of this debt quagmire? We did it by resolving and working hard to break with the past; by identifying new voices and new leaders; and by rejecting business as usual and voting for new values of accountability, transparency, fair competition, social justice, and the upliftment of the living standards of Nigerians. We revamped our institutions and put in place an economic agenda that reduced the role of the state in the economy while strengthening the place and role of private investors. We mounted a ....

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'Joint COVID-19 response crucial for EAC economies to rebound'

‘Joint COVID-19 response crucial for EAC economies to rebound’
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‘Joint COVID-19 response crucial for EAC economies to rebound’
ECONOMIES of East African Community (EAC) member countries are projected to rebound this year especially if partner states strengthen macro-economic policy coordination and respond jointly to the COVID-19 pandemic, still raging in most EAC member countries.
EABC chairman Nick Nesbitt.
The East African Business Council (EABC) an apex body of EAC private sector chambers, says that all indications point to possible recovery in the region where its chances will be optimally used “if it stands and acts as one against the pandemic.” ....

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AfDB, EIB sign agreement to boost investment in Africa

Nike Popoola
The African Development Bank and the European Investment Bank on Wednesday, signed a joint partnership action plan highlighting their. ....

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