Some Nigerians have identified greed, corruption and instability of the financial sector as reasons why people keep money at home.
They spoke in separate interviews in a survey conducted by the News Agency of Nigeria (NAN).
In South-West, a financial analyst, Mr Rotimi Agboluaje, bemoaned the trend, saying this had impacted negatively on the economy.
Agboluaje cited illiteracy, lack of financial education and lack of confidence in the banking sector as reasons why many Nigerians keep money at home.
He said that it would […]
Since the current democratic dispensation in Nigeria began in 1999, opinions have been divided on its desirability, given the cost of running the system.
While many Nigerians have called for a review of the system to ascertain its suitability on the ground that it is expensive, some, especially political office holders, have continued to defend it.
The proponents of the system argue that it is the best for the country and that the cost of governance inherent is inevitable.
A major known source […]
The declining quality of English language spoken in Nigeria has been attributed to the poor educational system particularly in education administration and the state of infrastructure in institutions over the last decade.
The polls conducted by NOIPolls in partnership with Language and Skills Development Consulting Limited also revealed that almost seven out of 10 Nigerians constituting about 68 percent of the sampled populace traced the decline to other factors such as dearth of qualified English language teachers, cultural and environmental influence, […]