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Nigeria’s Power Struggle: A Critical Look at PENGASSAN’s Strike and Its National Impact

Nigeria’s Power Struggle: A Critical Look at PENGASSAN’s Strike and Its National Impact …when PENGASSAN throws the switch on the national grid, it is not merely disrupting the market; it is exposing a profound, self-inflicted flaw in the country’s character: a willingness to sacrifice the common good for sectional demands. It is the arrogance of […]

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Nigeria at 65: Prof Oyedokun Links Naira Depreciation to Devaluation and Economic Shifts

An economist and university don, Prof Godwin Oyedokun, attributes the naira’s slide to severe currency devaluation and broad economic changes, noting it now trades at N1,475.35 per dollar, versus N0.71 in 1960. Oyedokun made the remarks in a DAILY POST interview conducted as Nigeria commemorated its 65th Independence anniversary. He pointed to mismanagement, heavy reliance

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