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Recession: Economist Recommends Enactment Of ‘Buy Nigerian Act’

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9 years ago

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An economic expert, Prof. Uche Uwaleke, has called on the Federal Government to enact a “Buy Nigerian Act” as one of the options out of the current recession in the country.

Uwaleke said this while delivering a paper during the 1st Annual Lecture and Award Night organised by the Leadership Scorecard in Abuja, recently.

The Tide source reports that the annual lecture has the theme: “Recession in Nigeria: The Way Forward’’.

Uwaleke, who is also the Head of the Accounting Department, Nasarawa State University, said that a Buy Nigerian Act would encourage the country’s manufacturing capacity.

“There is a need for us in this country as a quick measure out of this recession to enact a Buy Nigerian Act to stimulate the economy.

“This is similar to the Buy American Act passed in 1933 in the Unites States during the great depression.

“That act required the United States Government and establishments to buy locally produced American goods.

“That is the kind of thing we need here that will require our government and citizens to patronise locally made goods.

“The Buy Nigerian Act will go a long way in saving our foreign exchange and spur our manufacturing capacity.’’

The professor said that improving efficiency in government spending and implementing the capital component of the 2016 budget was in his opinion others options out of the recession.

He said that the 2017 budget should be in favour of capital expenditure.

The third edition of the Leadership Scorecard magazine was also unveiled by the Minister of Science and Technology, Dr Ogbonnaya Onu.

The minister represented by Mr Taiye Akinyemi, the Director of Media in the ministry, commended the Publisher, Mr Humphrey Onyima on the quality of the Magazine.

Onu said that the media needed to be involved in the development of the country.

Some recipients of the leadership scorecard award include; The Emir of Keffi, Shehu Usman-Yamusa and the Minister of Science and technology.

They were awarded with the Royal Father of the year and Minister of the year award respectively.

Others include, Dr Emman Shehu, Director of the International Institute of Journalism who bagged the literary and creative icon award and Uwaleke, economic analyst of the year.

Leadership Scorecard is a Nigerian based leadership evaluation magazine whose practice is devoted to the promotion of good governance and transparency in the public and private sectors of the economy.

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Kenyan Runners Dominate Berlin Marathons

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4 days ago

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September 22, 2025

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Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.

Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.

The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.

Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.

“I did my best and I am happy for this performance,” said Sawe.

“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”

Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.

In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.

Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.

Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.

 

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NIS Ends Decentralised Passport Production After 62 Years

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4 days ago

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September 22, 2025

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The Nigeria Immigration Service (NIS) has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.
Minister of Interior, Dr Olubunmi Tunji-Ojo, made the disclosure during an inspection of the Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja, last Thursday.
He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.
“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.
He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.
“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.
“We promised two-week delivery, and we’re now pushing for one week.
“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.
He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.
Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.
According to him, the centralised production system aligns with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for improved service delivery.
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FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year 

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4 days ago

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September 22, 2025

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The National Information Technology Development Agency (NITDA) has announced plans to roll out Digital Public Infrastructure (DPI) and the Nigerian Data Exchange (NGDX) platforms across key sectors of the economy, starting in early 2026.
Director of E-Government and Digital Economy at NITDA, Dr. Salisu Kaka, made the disclosure in Abuja during a stakeholder review session of the DPI and NGDX drafts at the Digital Public Infrastructure Live Event.
The forum, themed “Advancing Nigeria’s Digital Public Infrastructure through Standards, Data Exchange and e-Government Transformation,” brought together regulators, state governments, and private sector stakeholders to harmonise inputs for building inclusive, secure, and interoperable systems for governance and service delivery.
According to Kaka, Nigeria already has several foundational elements in place, including national identity systems and digital payment platforms.
What remains is the establishment of the data exchange framework, which he said would be finalised by the end of 2025.
“Before the end of this year and by next year we will be fully ready with the foundational element, and we start dropping the use cases across sectors,” Kaka explained.
He stressed that the federal government recognises the autonomy of states urging them to align with national standards.
“If the states can model and reflect what happens at the national level, then we can have a 360-degree view of the whole data exchange across the country and drive all-of-government processes,” he added.
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