Editorials (Nigeria) Friday, July 25, 2008

CBN, wonder banks and the law

AT the behest of the Securities and Exchange Commission (SEC), the Investments and Securities Tribunal (IST) earlier this month gave judgment shutting down some 30 companies which were found to have been operating illegally as fund managers. [GUARDIAN NEWSPAPERS]

Nigerians abroad and investments

One of the dire consequences of the economic down-turn in the country since the introduction of the structural adjustment programme (SAP) in the 1980s has been the mass emigration of Nigerians with any skills at all to other lands in search of greener pastures. [DAILY CHAMPION]

Deaths At Immigration Recruitment Exercise

Just how desperate the unemployment situation in Nigeria has become was evident a fortnight ago as thousands of citizens, flaunting degree, Nigeria Certificate in Education (NCE)and diploma certificates, besieged recruitment centres of the Nigeria Immigration Service (NIS)in different parts of the country, only to face death and hospitalisation in emergency wards. [DAILY INDEPENDENT]

Tackling Niger Delta unrest

To tackle the violence in the Niger Delta, the Federal Government should take the following steps: Initiate a credible, sustained dialogue on control of resources with Niger Delta civil society groups, including militants, activist leaders, religious leaders, women and youth drawn from nominees submitted by councils of ethnic groups in the Niger Delta states. [THE PUNCH]