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In April 2021 the governor of Edo State, Godwin Obaseki , said that the federal government printed an additional NGN 60 billion (60 billion naira) to be shared between all the states at the Federation Account Allocation Committee (FAAC). This was denied by the minister of finance, Hajia Zenab Ahmed. The Central Bank of Nigeria (CBN) governor,

ABSTRACT: In this article the nature of private property rights in Nigeria is analyzed and a case is made for basing property rights in natural rights libertarian political philosophy. The issues of land and natural resource ownership and control in Nigeria are analyzed from a Rothbardian point of view. A Rothbardian framework of property

Prices are essential signals for coordinating the distribution of goods in an economy. Prices tell us where scarce resources are most needed. F. A. Hayek’s insights on this have been summarized by Peter Leeson: Market prices, he [Hayek] argues, signal to producers and consumers the relative scarcity of resources. They tell producers how to combine

Listen to  the  Audio Mises Wire  version  of this article. In Economic Facts and Fallacies  (2011), Thomas Sowell argues that housing regulation and zoning laws, not markets, are to blame for the modern scourge of unaffordable housing. Sowell is still right. Government housing regulations have exacerbated construction costs, reduced the