Blog

Nonsensical, simply means (because) it makes no sense – its synonyms include meaningless, senseless, illogical, unmeaning. Nigeria’s oil and gas industry is her mainstay. So the government says. I hear that most people gunning for the position of President of Nigeria are doing so just to lay their hands on that industry. It’s no wonder the...

I used to keep the list of ‘spurious’ loans that were written off for Nigeria in 2006. Our leaders in the 70s, 80s and 90s had collected all sorts to build different monstrosities of their bizarre fancies.   In those days even local government chairmen collected foreign loans.  Just before those loans were written off...

I like engaging with tough issues. Perhaps that is what got me to this point. Leading a country (or even trying to do so) cannot be an easy affair. And so, the other day when my co-aspirant Omoyele Sowore made a statement about cannabis and was lampooned by a broad swathe of his critiques for...

Infrastructure – It is very true that our infrastructure has collapsed. A lot of what we rely on today were inherited from colonial powers. Corruption has seen to it that we were not able to add much more. The big issue here is that we don’t have enough of our own liquidity to leverage on,...

The other day, Aare Afe Babalola wrote an article. It was about Ikogosi Warm Springs and the tourist resort that was built around it. He was one of the original investors and complained about how they are yet to get any dividend therefrom, while the tourist centre is dead today. The Aare – a legal...

Look we must commend a good initiative. Even as an opposition leader I will readily commend whatever the incumbent leaders do correctly. The launching of Nigeria Air, in keeping with the promises of President Buhari looks like a commendable move. I will not hasten to throw it out the window. But I believe it needs...

I wrote an article recently on the restructuring debacle. There were aspects I decided not to include in that article because of length, which I hope to now consider. There were also a few reactions which I believe a further analysis and research will help clear. My take is that geopolitical restructuring is a tricky...

…the struggle to roll back corruption must be strategic, pervasive, sustained, and driven by clear examples from the top. The power of repetition must be employed because we are talking of mass therapy and reprogramming here. Any government that does not get ready to do this, or tries to protect its own friends, is on...

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...

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...