Business Civic & Governance Economy Foreign Policy Policy

Kissinger, the IMF, and Nigeria’s Endless Economic Reckoning

A missionary’s voice cuts through the haze of Nigeria’s economic despair. “And a lot of Nigerians do not know… if you go back to the 1974 Kissinger Report… it says explicitly there, that the Nigerian people must not be given access to their resources—that they must be kept for the rich nations,” declares Prof. Kent Read More…

Civic & Governance Notes Syracuse of Aguda Tragedy

“Camera Fit See, But E Fit Save?”

There are weeks when Lagos debates fuel prices, football, or foreign wars. And then there are weeks when the country is forced to confront something heavier—something that refuses to sit comfortably inside humour. This was one of those weeks. News broke of yet another deadly attack in Plateau State. Lives lost. Communities shaken. Familiar headlines, Read More…

Business Civic & Governance Economy Fiscal Responsibility Public Accounts

By 2030, Nigeria falls off the fiscal cliff—and the $6 billion loan is the warning sign

By Nkanu Egbe Nigeria is running out of room. Not in the physical sense, and not even in the way most people think about money. The country is approaching something far more dangerous—a point where its revenues can no longer sustain its obligations, where borrowing ceases to be a solution, and where even willing lenders Read More…

AFP/Al Jazeera
Civic & Governance Governance & Accountability Metro

Lagos’ $7.5 Million Flood Insurance Deal: Smart Innovation or Expensive Safety Net?

A Lagos Metropolitan News Analysis Lagos has always lived with water. From the lagoon that defines its geography to the Atlantic that shapes its destiny, the city’s relationship with flooding is not new. What is new, however, is how the state is choosing to respond. With its $7.5 million parametric flood insurance deal, the Lagos State Read More…

Civic & Governance Constitution Economy Government

The Cost of Nigeria (3) – The Reform Map: 10 Changes Nigeria Must Make to Escape the Poverty Trap

If poverty, inflation and weak state capacity are symptoms, Nigeria’s governance design is part of the disease. From an oversized cabinet to duplicated agencies and weak local government structure, here are 10 constitutional and institutional reforms that could help cut waste, free up public funds and make growth more inclusive. Nigeria’s poverty crisis has exposed Read More…

Chris Jackson/Pool via REUTERS
Civic & Governance Economy Government News Analysis United Kingdom

After the Pageantry, comes the Ports: A Lagos-Centred Reading of Tinubu’s UK Visit

A Return Framed by Politics, Defined by Economics President Bola Tinubu’s return to Lagos at 1.15 a.m. on Friday, March 20, after his UK state visit was politically choreographed around Eid-el-Fitr, but economically the bigger story travelled back with him in paperwork, signatures and financing guarantees. Before leaving London, Tinubu witnessed the sealing of a Read More…

Civic & Governance Cost-of-Living Governance & Accountability Government

The cost of Nigeria (2) — Nigeria’s Expensive Constitution: The High Cost of Governing the State

Nigeria’s rising poverty crisis is not only about inflation, fuel prices or exchange rates. Beneath the economic turbulence lies a deeper structural problem: the cost of running the Nigerian state itself. When economists discuss Nigeria’s poverty surge—now estimated to affect roughly six out of every ten Nigerians—the conversation usually begins with inflation, food prices, fuel Read More…

LASG
Civic & Governance Governance & Accountability Government Metro Power

Lagos flips the switch: Inside the launch of the state’s new electricity market

On Monday, March 9, 2026, at Lagos House in Ikeja, Governor Babajide Sanwo-Olu swore in the board of the Lagos State Electricity Regulatory Commission (LASERC), marking what many observers see as a turning point in the energy future of Nigeria’s largest city. The ceremony itself lasted barely an hour. Yet its implications could reshape how Read More…

Civic & Governance Economy Nigeria

The Cost of Nigeria — Part 1

Nigeria’s 63% Poverty Surge: Reform, Inflation and the New Hardship Economy As poverty in Nigeria climbs toward 63%, affecting about 141 million people, economists debate whether President Bola Tinubu’s reforms are the cause of the crisis—or the painful medicine needed to stabilise Africa’s largest economy. A Nation Where Poverty Now Touches Most Households Nigeria entered Read More…

Civic & Governance Community Governance & Accountability

Cash vs Roots: The ₦10 million divide tearing Makoko apart

As demolition fallout deepens, Lagos faces a difficult question: redevelopment, compensation, or the survival of a centuries-old water community. The current tensions in Makoko did not begin this week. The dispute traces back to late December 2025, when Lagos State enforcement teams began demolishing stilt houses along sections of the lagoon-facing settlement. Authorities said the Read More…