Ifeanyi Uddin

Mr. Udin is Business Intelligence expert. He is a Member of Premium Times Editorial Board and a Columnist par excellence.

Posts by Ifeanyi Uddin:

The CBN and Institution Building, By Ifeanyi Uddin

The pyrotechnics notwithstanding, the hijinks last week around the fate in office of the governor of the Central Bank of Nigeria (CBN), did have a useful part. For an economy like ours, with its many pretensions to greatness, we cannot place too high a premium on the quality of our…

Osun State And The Church, By Ifeanyi Uddin

Why would the government of Osun State build a church? Why would any government build a place of worship, at all? In today's plural, interconnected spaces, I cannot conceive of any interpretation of the goals of a government (except The Vatican) that would include the construction of a place of…

Of Pangolins And The African Capacity To Consume Everything, By Ifeanyi Uddin

August this year, I spent a couple of days in London. I hate traveling. So the period spent away from home was not much fun. Then there was the added burden of finding adequate entertainment, in a surrounding that ceaselessly poses more questions than answers for me, for the kids.…

A Minister, The Budget, And Our Expectation, By Ifeanyi Uddin

The run up to the end of this year has been a season of high-wire performances across the land. The theatrics have ranged from the wretched to the extremely commonplace; and all through it all, our common space has been poorly served. The drama, last week, started with the exchange…

Re-aligning Domestic Policy Making, By Ifeanyi Uddin

In a meeting last week with personnel from one of the bigger investment banking outfits operating out of the United States of America, I was gifted an insight into the source of the often annoying dissonance between “foreign analyst’s” perception of the economy, and my sense of it. The background…

Toll-roads And The Public Account, By Ifeanyi Uddin

The Federal government is apparently considering returning tolls to highways it maintains as a means of ensuring that these remain in good repair. The South African government, recently having introduced tolled-roads itself, argues that user-pays roads would help it offer improved transport infrastructure. Domestically, “We have been down this road…

INEC, Biometric Data And Our Love For Snafus, By Ifeanyi Uddin

Much debate has attended the conduct of "supplementary polls" over the weekend for election to the office of governor for Anambra State. Part of the problem is that no one is certain if, and how much of this "additional" poll is covered by the relevant statutes. Worries have also been…

Playing The Ostrich, By Ifeanyi Uddin

Over the last few months, I have been involved in a running conversation with a friend. About Nigeria, of course. Sometimes very intense, but occasionally light-hearted, the talk has turned on a charge that I find enthralling and bothersome in equal measure. The nub of her argument is, essentially, this.…

Meeting the MPC, By Ifeanyi Uddin

Isn’t it strange that the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) meets today, and the economy’s outlook is the least important of the considerations on the talking head’s agenda? Today’s meeting (it drags into tomorrow) will be the last such meeting for five (of the 12) members…

Treasury Bills As Safe Deposit Instruments, By Ifeanyi Uddin

Even as we struggle to make meaning of the country’s dire economic straits, it was without doubt a high watermark in the evolution of the financial services industry. Two discount houses, Consolidated Discount House Limited, and Express Discount House Limited, imploded in chorus, and there was barely a murmur heard…

Disagreeing On The Fortunes Of The Country, By Ifeanyi Uddin

Are there doubts about the record of the current federal government? Yes. Its boosters point to a succession of stellar achievements in support of their claim that the larger portion of “opposition” griping over the Goodluck Jonathan administration is poorly distilled “bad belle”. Like improperly prepared moonshine, the opposition is…

Disagreeing On The Fortunes Of The Country, By Ifeanyi Uddin

Are there doubts about the record of the current federal government? Yes. Its boosters point to a succession of stellar achievements in support of their claim that the larger portion of “opposition” griping over the Goodluck Jonathan administration is poorly distilled “bad belle”. Like improperly prepared moonshine, the opposition is…

How Do We Discuss Our Problems, By Ifeanyi Uddin

What is the problem with Nigeria? For good reasons, there are as many answers to this question, as there are persons who have given it a thought. Still, it helps that the question is posed in order that we may agree useful answers to it. There is increasingly strong evidence…

Why Are We So Cursed, By Ifeanyi Uddin

By definition, an “Act of God” absolves each one of us of personal responsibility. If God wills it, what does it matter what I do, think or say? I cannot hasten the outcome, nor delay it. Nor for the same reason can I reproach anyone with responsibility for not hastening…

Who Guards The Guardians, By Ifeanyi Uddin

Last week, I was concerned with how much the Central Bank of Nigeria’s (CBN) recent measures for managing the demand for and supply of foreign exchange speak to a macroeconomic emergency in the country. On reflection, however (and after long palavers with those who ought to know better), it would…

Is Nigeria Broke? By Ifeanyi Uddin

Is Nigeria "broke"? "No! It is not!" "Yes! It is!" The ruckus from counter-claims in response to this question is as unhelpful for resolving the quandary, as it is unkind to the listening ear. In part, this is because the question itself is framed wrongly. A sovereign does not become…

How Not To Be A Nigerian, By Ifeanyi Uddin

Monday, last week, I "unfollowed" an erstwhile "follower" on my Twitter account. It was the first time I had ever done this, although I had previously "unfriended" a Facebook "friend." The latter's post were of a prurient nature, and whereas I do have an appetite for unusually interesting material, I…

“It’s The Economy, Stupid”, By Uddin Ifeanyi

Over the last couple of weeks, a succession (profusion?) of, dare I say, "important" events in this country lead to only one conclusion: that everything (at least until 2015) has become "political"! For a while, our gauges of value, our prisms of introspection, the choices we make, the paths we…

On Being A Successful (“normal”) Nigerian, By Ifeanyi Uddin

I was recently reminded (facetiously I presume) by a “sister” of mine that “all this big English” will not take me far. And then she “cordially” invited me to join the ranks of our “normal” compatriots. Inevitably, I spent time ruminating on the diverse ramifications of this invite. Incidentally, the…

Still On Our Private Universities, By Ifeanyi Uddin

I have spent the last couple of months acquainting myself with the goings on in our private universities. The (recent) and still unresolved strike by academic staff in our public universities, and government's pussyfooting over the lecturers' gravamen ensures that public universities have fallen off the radar of most parents/guardians…

Mendicants, Social Parasites, and Our Rights As Human Beings, By Ifeanyi Uddin

The most unusual contribution (thus far) to the current conversation over the forced internal relocation of mendicants in the country (the recent action by the Lagos State Government has been to the fore and centre of this exchange, but, apparently, other states have done the same thing before) reprises an…

Growth: Between Savings And Investing, By Ifeanyi Uddin

I spent the last couple of days mulling over the relationship between domestic savings and investment on one hand, and the outlook for growth for this country on the other. Our growth and development needs require access to huge long-term savings pools that we may parlay into investments (new and…

Trying To Get My Child Into School, By Uddin Ifeanyi

The ongoing labour dispute between the Academic Staff Union of Universities (ASUU) and their employer, the federal government of Nigeria, could not have come at a more ominous time. And this is a personal thing. As a parent with a child preparing for university, the strike brings to fore a…

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Again On Monetary Policy, By Ifeanyi Uddin

Why should the Central Bank of Nigeria's (CBN) rate-setting committee not raise the policy rate at its meeting this week? The CBN's Monetary Policy Committee (MPC) meets (today and tomorrow) against a very mixed (dare I say, fraught) economic backdrop. Arguably, from a certain vantage, tailwinds look strong. Inflation, for…

Again On Monetary Policy, By Uddin Ifeanyi

Why should the Central Bank of Nigeria's (CBN) rate-setting committee not raise the policy rate at its meeting this week? The CBN's Monetary Policy Committee (MPC) meets (today and tomorrow) against a very mixed (dare I say, fraught) economic backdrop. Arguably, from a certain vantage, tailwinds look strong. Inflation, for…