Government and business have the deepest pockets and, no doubt, will shoulder the largest financial burden. But they cannot do the job alone.
Economy remains on life support, national debt may spiral out of control — Peter Obi On 3: Obi explains why national debt may spiral out of control. Ex-governor of Anambra state, Mr.
Peter Obi One of the current issues in the country today is the revelation by Boko Haram that they have killed one of the people they held captive and the threat to execute Leah Sharibu, how do you react to that? The question borders on the issue of security.
I can only urge the President to do more on security. It is not only about Leah Sharibu but about the total security of the country.
As argued in Deloitte’s report Serious business: Corporate procurement rivals policy in driving growth of renewable energy, small- and medium-sized businesses represent the next wave of opportunity. Through aggregation, smaller players can form partnerships to jointly execute a utility-scale PPA. The ease of doing business index is an index created by Simeon Djankov at the World Bank rutadeltambor.com academic research for the report was done jointly with professors Oliver Hart and Andrei Shleifer. Higher rankings (a low numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights. Doing Business Distance to Frontier and Ease of Doing Business Ranking T he Doing Business report presents results for two aggregate mea-sures: the distance to frontier in the analysis up to and including Doing Business For .
Various agitations in Nigeria are borne out of accumulated anger against the country because of cumulative failure of leadership over the years. As for those perpetuating trouble and crisis in the country, I appeal to them to have a re-think because we have no other country but Nigeria.
One is really worried about the way things are going and how we are ridiculing ourselves globally at a time we are supposed to be taken serious as a developing country. How can anybody justify the fact that a federal government minister went to far away Farnborough International Air Show, where the whole world gathered, to announce and unveil Nigeria Air with a firm date that it would take off by December — giving an impression that everything as already finalised — and thereafter started looking for partners and investors, and now for the federal Government to suspend the entire exercise!
Does it mean that they never discussed it at the Federal Executive Council before the Minister went to England to unveil it? With the unexpected turn of events regarding Nigeria Air, no well-meaning investor or country will take us serious again. However, you have been quoted in a national daily that the economy is on life-support, drawing attention to our huge debt of about N Does this justify your assertion that the economy is on life support?
Most of my comments in the last 18 months or so have centred on our escalating national debt, which will get out of control if not managed efficiently. When you keep on borrowing for consumption, it gets to a stage when you cannot control it.
Therefore, we should be looking at Debt to Revenue.
Today, we are using almost 50 per cent of our revenue to service our debts, which leaves no room for decent investments in the productive sector. With such a high level of debt-serving and still borrowing, it may spiral out of control.
There are also other related issues we have not been attending to. That is an increase of over 10 million over the past three years.
Insurance as a whole ranked 12 out of the 33 sectors tracked in the BCG value creators database, with a median annual total shareholder return of 18%. in particular the demands of regulators for strong walls or complete separation between these two lines of business. In the remainder of this report, we highlight five examples of how top-TSR. India has made no improvement in its ranking over the previous year, despite the Human Development Report for noting that foreign direct investment favours countries such as China and India. India’s Human Development Index (HDI) rank in was also According to the report, India's HDI of is below the average of for countries in the medium human development group and above the average of for countries in South Asia.
So, what is the effect of the continued borrowing if the poverty level is not coming down? Other worrisome developments include the increase in the number of out-of-school children from 10 million to 13 million; rise of unemployment ratio from In effect, the situation is getting worse as the economy is shrinking ahead of GDP.
How do you respond to this?
I am one person that do not joke with data. Most developed countries know the value of data and invest heavily to get correct ones to help them in planning. It is unfortunate that our people are yet to take data seriously. I do not quote figures arbitrarily and incorrectly.
In a particular state in the North with 5 million people, the number of students that sat for WASC was It is pathetic, and they say the number of out-of-school children is dropping.
What should be our concern today is what should be done quickly to stimulate those states lagging behind. Once the states do well in all indices of development, the country as a whole is doing well, but once one state is lagging, it will affect us all.
The Government spoke about the income ratio which should not exceed the statutory revenue — at about 50 per cent — and mentioned states like Sokoto, Anambra, Jigawa, Kebbi, and Yobe as those that have met a threshold.As per the latest report, India's rank has moved from to India's HDI rank between and has risen six positions.
"India's HDI value for is , which puts the country in the medium human development category, positioning it at out of countries and territories. NEW DELHI: India continued to rank low in the Human Development Index (HDI), but climbed five notches to the th rank in the latest UNDP report on account of rise in life expectancy and per.
Ease of doing business Doing business in India | 7 Ease of doing business Ease of Doing Business is one of the important initiatives run by the Government and is crucial to the success of various initiatives such as Make in India, Start-up India, Digital India, etc.
Nov 16, · Between to , India has moved only four places up the ladder. In the GHI, between and , India has slipped 6 positions to now rank a lowly th among rutadeltambor.com: Debnath Roychowdhury.
The Human Development Report is the latest in the series of global Human Development Reports published by the United Nations Development Programme (UNDP) since as independent, analytically and empirically grounded discussions of major development issues, trends and policies.
The ease of doing business index is an index created by Simeon Djankov at the World Bank rutadeltambor.com academic research for the report was done jointly with professors Oliver Hart and Andrei Shleifer. Higher rankings (a low numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights.