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True Federalism: Key to Nigeria's Growth

I understand that the Federal Govt. wants to develop non oil revenue and this is a good thing. However, this will never materialise as long as we refuse to practise true federalism. Which state is going to have the discipline to devote consistent time and money to develop the non oil sector when they know that with or ... without work they will still receive a monthly check from Abuja. We see the same thing in the area of power generation where states that generate power are not allowed to transmit it independently and have to pass through PHCN. Given such conditions why would states want to invest in power? We need to run this country in a business like manner if we want Nigeria to progress and be the pride of the black race. For this to happen, we need to return to the principles that Nnamdi Azikiwe, Ahmadu Bello and Obafemi agreed on before independence which led to regionalism which produced a better economic model before the military class of 1966 tr...

THE RICH FOOL - NIGERIA IN A STATE OF EMERGENCY

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A the retreat of Niger State senior civil servants organized by the state government recently for Vision 2020 aspirations, the former President, Chief Olusegun Obasanjo, revealed that the amount of money being spent to maintain our law-makers and perhaps including national political office holders are hard to quantify. The former president and current chairman BOT of PDP noted that it is difficult to estimate exactly how much a Senator takes home annually in the name of constituency projects. <a href="http://www.burstnet.com/ads/ad6157a-map.cgi/ns/v=2.0S/sz=300x250A/" target="_top"> <img src="http://www.burstnet.com/cgi-bin/ads/ad6157a.cgi/ns/v=2.0S/sz=300x250A/" border="0" alt="Click Here"></a> President Obasanjo further stated, “That the amount being spent to maintain the federal lawmakers is draining the nation’s resources and should be checked immediately. He warned that something...

Fashola Bans Misuse Of Lagos Seal

As part of efforts to guard against the misuse of the Lagos State government seal for fraudulent activities, Governor Babatunde Fashola has signed into law a bill banning the use of the state’s seal of authority without approval. Before signing the bill into law, Fashola emphasized that the purpose of the law was to ensure that the seal is not misused or used in any manner that will tarnish the name of the state. According to him, “This bill is meant to regulate the seal of Lagos State which has become a much-sought-after brand not just locally, but also internationally, and it is important that as we build on the Lagos brand, we must control and ensure that its use is not brought to any disrepute or used in any manner that would embarrass or threaten the common brand and the common patrimony that the seal represents for the people of this state”. Fashola noted that the seal, which according to him contains the symbol of the authority of Lagos State, has been in existence since t...

Using Articles As Affordable Internet Marketing Tools

How To Use Articles as Online Marketing Tools Wondering how to promote your website or product with a shoe string budget, then you need to read this article on using articles as affordable internet marketing tools to the end. It is an established fact that content is King. However, where the content is residing is an important factor that determines whether it will be featured in SERP (search engine report pages) or not. If your website is new or unknown to the search engine spiders, whatever you write and post on the website may not be discovered by online surfers. So, it is actually content that is of good quality and has been discovered by online users that get crowned king. If you’ve observed, search engines tends to give preference to articles hosted by popular article directories such as Ezinearticles.com and GoArticles.com. Often, if any of the highly rated article directories has an article for the searched item, it will most likely be displayed on the first page of the ...

Learn about the Forex platform

Before you can be a successful trader in the Forex, you need to learn Forex and understand some of the basics. The Forex online trading environment for foreign exchange encompasses the largest, most dynamic capital market in the world with more than USD 3 trillion traded daily. The Forex market is a continuous, 24/5 marketplace open from Sunday afternoon (4 PM EDT) through the close of the US markets on Friday (5 PM EDT). The Forex market is where investors can trade one currency against another currency. What is a currency cross? Open a forex Account Now and Start Trading The MT4 client terminal allows you to prepare requests for the execution of various trading operations. In addition, the terminal allows you to both control and manage all your open positions. For these purposes, several types of trading orders are used. Currencies are always priced in pairs. All trades take place between two different currencies resulting in the concurrent purchase of one currency and sale ...

Foreign Investment Campaign

Every community that needs to grow must reach out to foreign investors and Lagos State is no exception. Foreign investment helps to drive economic development across the world and it is common for economies in need of high growth rates to reach out to foreign investors for relevant economic input. In order to be on course for the next level of economic growth in Lagos, Governor Babatunde Fashola and a team of experts from Lagos arrived in Paris on 17th December 2009, to seek meaningful investment support from French businesspersons. Lagos State is on the threshold of becoming a megacity and undergoing economic transformation dream. The trip to the capital city of France afforded the Governor and his team the opportunity of meeting with major investment facilitators in France. Governor Fashola presented the ideas and investment possibilities in Lagos State to the Mouvement Des Enterprises De France (MEDEF), the leading club of French investors. During the presentation, Governor Fash...