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2018 June

This is Why Ajaokuta Cannot Make Steel

No Nigerian can visit Ajaokuta Steel Company ASC, see investments of more than $8b rotting in the African sun and not cry. i went there, I cried. what exactly is the problem? if I have written severally on this topic, but today let me do a comprehensive post. Ajaokuta Steel Company is massive, she has...

THE RACE FOR CAPITAL

A few years ago I wrote a book with the above title. It was an idea that I needed to document. It was in the time that the world of Economics was buzzing with the problem of income inequality. It still is. Beyond being concerned with how incomes were diverging between the top 1% (who...

What Options Are Available for State Funding?

I believe that our youth and the not-so-young should be deliberately focused on by our leaders, in solving our myriads of problems and that as we solve those problems, we will unleash value and productivity and therefore government revenue will increase. To increase the chances of that happening, we need to organise and tidy up...

Why China Keeps Soaring

Extract from Chinese president, Xi Jinping’s 2018 New Year address: “Our GDP rose to the level of 80 trillion yuan (12.3 trillion US dollars). Over 13 million urban and rural jobs were created. Our old-age insurance system now covers more than 900 million people, and 1.35 billion people are covered by basic medical insurance. More...

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