I just saw this poster below about the lockdown versus the economy. It appears lockdowns save lives but affect livelihoods, while not observing lockdowns in pandemic situations does the opposite. I guess the solution is to find a balance somewhere in between. For instance, if you lockdown, make sure the people have access to relief…… Continue reading Lockdown Versus The Economy (Photo)
Tag: economy
4 Reasons Why Nigerians Shouldn’t Celebrate Yet As Its Economy Overtakes South Africa’s
Bloomberg has reported that Nigeria’s economy has overtaken that of South Africa. That’s good news from Nigeria’s perspective. But if you compare Nigeria’s current economy to that of Rwanda, you will find large sad gaps. 1. Insecurity Of Life And Property Nigeria’s economy is plagued by insecurity. Violence has forced farmers out of their farms;…… Continue reading 4 Reasons Why Nigerians Shouldn’t Celebrate Yet As Its Economy Overtakes South Africa’s
How Argentina made $33B from simple accounting change
A little-noticed decision by policy makers late last year to change the way they value government bond holdings transformed the central bank’s balance sheet overnight, turning what had been a net worth of negative $2 billion into positive $33 billion. I know economists and policy makers will be interested in learning how Argentina did this.
Igwe Nnewi Commissions Road In Nnewi Reconstructed By Chief Christian Obumneme Nwogu
Chief Christian Obumneme Nwogu, the Omekaodimma of Nnewi, has singlehandedly tarred a 1.05 Kilometer-road for his community in Obiofia, Otolo, Nnewi Anambra State. The community has been known to have bad, impassible roads and during the rainy season, it leads to flooding in the community. Article continues in link below: The formerly impassible road caught…… Continue reading Igwe Nnewi Commissions Road In Nnewi Reconstructed By Chief Christian Obumneme Nwogu
Electricity workers strike bites Lagos
The nationwide strike by electricity workers has put Lagos, Nigeria’s economic capital in deep darkness. If not resolved soon, it could lead to huge loss of money in the economy. We hope the Federal Government and the workers resolve this issue quickly.