• Take advantage of recession to revamp economy – Akinyemi tells FG

    Take advantage of recession to revamp economy – Akinyemi tells FG

    Prof. Bolaji Akinyemi, a former Minister of External Affairs, has urged the Federal Government to take advantage of the current recession to revamp the country’s economy.

    Akinyemi made the call at the 2016 convocation lecture he delivered at the University of Ibadan on Wednesday.

    The lecture was entitled: “Nigeria’s Exceptionalism: Nigeria’s Quest For Word Leadership.’’

    The don lamented the continued doling out of bailout funds to states by the Federal Government without measures to instill fiscal discipline.

    “I want to say that before any […]

  • Blame 1999 Constitution for lack of savings, not past regimes – Akinyemi

    Blame 1999 Constitution for lack of savings, not past regimes – Akinyemi

    Nigeria’s constitution does not make a provision for government savings and lawyers yesterday failed to agree on whether it was enough reason for the country’s failure to save for its future.

    Going by Section 162 of the 1999 Constitution as amended, reckless government expenditures cannot be adequately blamed on former leaders, Bolaji Akinyemi, a professor of political science and Nigeria’s former external affairs minister said in a statement.

    “It is thoroughly misleading to isolate and demonise past regimes for the situation where […]