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Steve Hanke

Buhari Media Organisation (BMO)

BMO tackles ex-President Obasanjo, faults Nigeria’s misery index ranking

The Buhari Media Organisation on Tuesday described as “a crude joke” a statement credited to former President Olusegun Obasanjo that the presidential candidate of the Peoples Democratic Party, Atiku Abubakar, is still better than President Muhammadu Buhari despite his electoral loss.

Misery Index: Nigeria not a miserable country

In a report titled: “The Misery Index 2018,” authored by Dr. Steve Hanke of the Johns Hopkins University in Baltimore, Maryland, Nigerians have been labelled the sixth most miserable people in the world. The misery index was introduced in the 1970s by Arthur Okun, an American economist, author of the seminal work, Equality and Efficiency: The Big Trade Off (1975).

Report: Nigerians sixth most miserable people in the world

Data compiled by Steve Hanke, an economist from John Hopkins University in Baltimore, USA, has shown that Nigerians are the sixth most miserable people in the world.

Recent Stories

National Bureau of Statistics NBS

NBS: Inflation rate now 11.24 per cent

The National Bureau of Statistics (NBS) on Tuesday released the Consumer Price Index (CPI) which measures inflation with the index rising to 11.24 per cent in September.
Charles Oputa, popularly known as Charlyboy

Charly Boy set to perform at 2019 ‘Felabration’ Festival

Maverick entertainer and activist, Charles Oputa, popularly known as ‘Charly Boy’, is set to perform at the 2019 annual Felabration fiesta, a week-long celebration of the life and times Fela Anikulapo-Kuti.
The Kebbi State border operations of the Nigerian Customs Service (NCS) has seized over 379 gallons of smuggled oil, four bags of Moringa snuff, 59 bags of fertilizer and other prohibited items smuggled into Nigeria through illegal routes from neighboring countries.

Joint Customs-Miltary patrol kill alleged smuggler in Babura

A joint border patrol team of Customs and Military officers gunned down a suspected rice smuggler yesterday in the Babura Local Government Area of Jigawa State.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Absence of three defendants stalls ‘UNILAG gang-rape’ trial

The absence on Tuesday of three of the five students of the University of Lagos (UNILAG), facing trial for allegedly gang-raping a student of the institution has stalled their criminal trial.
The Speaker of the House of Representatives, Femi Gbajabiamila, has called for an improved welfare package for teachers in Nigerian as they join their colleagues globally to mark this year’s World Teachers’ Day. 8

Speaker Gbajabiamila: Nigeria better with equal representation of women in politics

Speaker, House of Representatives, Femi Gbajabiamila, has attributed the poor socio-economic and political situation in Nigeria to the inadequate participation of women in active politics.