A Nigerian Political And Lifestyle Blog

  Introduction: Conducting free and fair elections is a cornerstone of democracy, ensuring that the voice of the people is heard and their will is reflected in the governance of a nation. In Nigeria, however, the Independent National Electoral Commission (INEC) has faced significant challenges in achieving this goal. The level of poverty in the country has compromised both the electorate and INEC as a body, leading to issues such as vote buying, election manipulation by officials, and the use of thugs to snatch election boxes. This article delves into these challenges and highlights the importance of voter orientation and education in addressing them. I mpact of Poverty on the Electorate: Poverty has a profound impact on the electorate in Nigeria. Many citizens, particularly those in rural areas, face economic hardships that make them susceptible to manipulation and coercion during elections. Vote buying, where politicians offer money or material incentives in exchange for votes, has b

Addressing Nigeria's Forex challenges requires a comprehensive approach that combines multiple strategies. Here are some potential alternative solutions: Diversifying the Economy: Nigeria heavily relies on oil exports, which exposes the economy to fluctuations in oil prices. Diversifying the economy by promoting non-oil sectors, such as agriculture, manufacturing, tourism, and services, can reduce the country's dependence on oil revenue. This diversification can help generate foreign exchange through increased exports and decrease the demand for Forex for imports. Export Promotion: Encouraging and supporting export-oriented industries can boost foreign exchange earnings. This can be achieved by providing incentives, tax breaks, and streamlined export procedures for businesses engaged in exports. Additionally, investing in infrastructure, improving logistics, and enhancing trade facilitation measures can enhance the competitiveness of Nigerian products in international markets.

Introduction: Nigeria, like many other nations, has faced significant challenges in managing its foreign exchange (Forex) market. In recent times, the idea of floating the Nigerian Naira has gained traction as a potential solution. However, it is essential to critically examine the potential drawbacks of such a move, particularly in the face of high demand for Forex. Additionally, the removal of the ban on 43 items by the Buhari administration has added further pressure on the dollar, making it difficult to structure government fiscal policies around a specific exchange rate. This article aims to shed light on the potential negative consequences of floating the Naira and the impact of lifting the ban on these items. Exchange Rate Volatility: Floating the Naira involves allowing market forces to determine its value against other currencies, leading to increased exchange rate volatility. In a country like Nigeria, with a high demand for Forex due to substantial imports, this volatility c

Nigeria is a secular state, there is no doubt about that. However, at some point, especially under the present administration, President Buhari, many began to doubt if we are really a secular state. The consistent killing and arresting of ethnic minorities have continued to dent the works the Federal Government is trying to do for the masses. The floating court order and absolute disregard of the rule of law have raised the question if we are genuinely practicing democracy under the current administration. The continued fracas between Iran and the US have left everyone wondering if it will have an adverse effect on the economic and political situations in the country for a lot of reasons. Firstly, Nigeria is a great US ally. However, for some time, the position has often shifted because of the lack of religious tolerance by the current administration. Leaders of religious sects of various divide have been held in detention by Buhari even after they were ordered to be release

Times have changed with the advent of modern day technology which has Revolutionized the way people send and receive money. Transferring money by cash, bank draft, cheque or money order may fast become extinct, as faster electronic methods for transferring money between accounts, states and even countries are fast becoming a thing. When you need to use a  money transfer  service, it pays off to do some research. In terms of cost, there are undoubtedly inexpensive options for transferring money, and the cheapest method may vary depending upon the circumstances. You’ll find out that fees and exchange rates can vary, and you may also consider things like speed, safety, and customer support. 1.      Banks: Financial Institutions can assist with different types of fund transfers. If you are only transferring money from one account to another within the same financial institution, this is an activity you can easily perform at your bank for free. At the bank, tellers are readily a

If you aren't from Nigeria, the news of Boko haram attacks in some parts of Nigeria must have hit your airwaves from time to time. While the president of Nigeria love to state that that the terrorist organization has been technically defeated, a lot remains to be seen if these attacks will one day seize to occur. As the President of Nigeria Muhammadu Buhari celebrates another term in office after ousting the former Vice President of Nigeria in the just concluded 2019 elections. It is a time to respect the people's decision and focus on what the Buhari administration has done for Nigerians and what it hopes to do in this coming dispensation. In the space of 4 years, we Nigerians have seen our borders shut to curtail the effect of smuggling from neighboring African countries and the promotion of buying local content over foreign ones. It was a time where 41 items that were draining our foreign reserves were barred from coming into the country, and the promotion of agri