Insurance policy scope of cover

On the increase in Third Party insurance premium

One of the sections of an insurance policy that the recent burnings and lootings threw up is the scope of cover of an insurance policy. Except for all-risk policies, where there is no scope of cover (the exclusions determine the extent of cover), most of other insurance policy documents have scope of cover. It details […]

Africa and aftershock of US election quake

WITHOUT THE BENEFITS of historical hindsight, younger generation of observers witnessing the controversies trailing the US election held nearly a fortnight ago might be tempted to think this is the first time Americans squabble over election results. For once, many distant observers would see that elections in the US are not 100 per cent error-free, […]

Africa’s leaders walk old path again

THE UNITED STATES’ 2020 ELECTION has just proved chaotic and controversial as incumbent President Trump has disputed the outcomes in some key states considered pivotal to his re-election. Accordingly, the US Supreme Court is expected to intervene and clear the path for the true winner. Notwithstanding this glitch, the country braces for another four years […]

Multilateral agencies facilitation of the apprenticeship and handholding model

Prioritising taxpayer enumeration

The combination of the Igbo apprenticeship system and the handholding model of entrepreneurial prosperity possess a tremendous capacity to cause sustained prosperity for the continent, all things being equal. While the former unleashes outstanding employment prospects alongside the creation of entrepreneurial vehicles, the latter facilitates speedy growth and good performance of these enterprises. Combined, both […]

Ending conflicts and food crisis in Africa (3)

NIGERIA, THE LARGEST COUNTRY in Africa by population, has experienced two weeks of unbroken street protests involving the youth who have been expressing their dissatisfaction with government in the handling of security and a few other social and economic issues. On security in particular, their grouse began with complaints against a notorious operational arm of […]

Globalization as a threat to Africa’s prosperity creation

Prioritising taxpayer enumeration

Globalization presents several opportunities. Some of these which are on the economic side, include the facilitation of international trade, offshoring and internationalization of production. Others have the opening up of the interconnectedness in social and economic relations among countries, the opportunity of leapfrogging into the information age and improved access to international finance and technology. […]

Ending conflicts and food crisis in Africa (2)

MAPUTO, THE POLITICAL CAPITAL of Mozambique on the south eastern fringe of Africa, is significant in many ways. It is symbolic for food security in Africa as a city in which an outlandish and ambitious ‘declaration’ was made in 2003 about Africa’s commitment to prioritising agricultural financing for food security. Seventeen years on, Maputo, however, […]

Entrepreneurial individualism and Africa’s prosperity

Prioritising taxpayer enumeration

Entrepreneurial successes of different individuals acting in ways beneficial to them, which also positively affects others drive societies prosperity. Outstanding examples relevant for the prosperity creation of the African continent are the various enterprise clusters that spontaneously emerged and which provide hundreds of millions of employment opportunities with no discernible role by the state. Governments […]

Prospering without government: Tales of Nigerian enterprise clusters

Prioritising taxpayer enumeration

Enterprise clustering is gaining increasing attention in Nigeria because of the apparent benefits associated with it. Albeit the government hostilities and outright resistance that many of these clustering entrepreneurs face, enterprise hubs like the Aba footwear and garment industries, the Otigba computer village, Nigeria’s Nollywood, the Kano leather tanneries, the Nnewi motor spare parts village […]

Ending conflicts and food crisis in Africa

Last weekend was a defining moment in Africa, with two high profile events of great significance. One was the case of David Beasley, the head of the World Food Programme (WFP) criss-crossing Africa when a surprising announcement got to him about the selection of the WFP for the award of this year’s Nobel Peace Prize. […]