Tag: deficit

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Overview of the Asset Management Corporation of Nigeria (AMCON) by Lawson Akhigbe

The Asset Management Corporation of Nigeria (AMCON) represents one of Nigeria’s most significant financial interventions in response to systemic banking distress. Its debt enforcement history reflects a blend of aggressive statutory powers, evolving legislative enhancements, notable operational successes, persistent challenges, and occasional perceptions of uneven application influenced by political or economic factors. Below is a thorough, chronological exploration of AMCON’s enforcement journey, including context, key mechanisms, statistics, notable cases (with nuances around the Ben Murray-Bruce/Silverbird matter), challenges, and broader implications.

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The Steve Oronsaye Report

The Steve Oronsaye Report formally titled the Report on the Restructuring and Rationalization of Federal Government Parastatals, Commissions, and Agencies is a landmark 800-page public service reform blueprint submitted to the Nigerian government in 2012.

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The Double-Entry Ledger of Suffering: How Nigeria Taxes the Poor Twice and Delivers Nothing Once by Lawson Akhigbe

Reform, when it comes, will be welcomed. The question is whether the reformers are counting the same things Mama Chioma is counting. So far, the evidence suggests they are operating from entirely different ledgers and that only one of those ledgers is written in the ink of lived consequence.

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The Tariff Trap: How Africa Was Turned Into a Warehouse for Raw Materials by Lawson Akhigbe

Long before many African nations even gained independence, an international economic architecture had already been designed to ensure Africa remained primarily a supplier of raw materials while Europe and other industrial powers controlled manufacturing, branding, finance and ultimately the profits.

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