There has been this argument on social media about whether Nigeria should actually ‘breed’ graduates to send abroad to earn dollars and grow diaspora remittances. I am on the opposite side of that argument, even though it is a complicated one. The idea is that like The Philippines, we should send many more people out....
In June 2016, I finally summoned the courage to challenge the World Bank’s Ease-of-Doing-Business Index. I mean, who was I, a ‘motor park economist’ as Governor Fayemi (perhaps fondly), and those guys who responded to me from the Osinbajo camp (disdainfully) called me. I will write about ‘motor parkism’ in economics someday down the line...
Nigeria is officially the poorest country on earth, bar Democratic Republic of Congo. With 70 million poor out of barely 200 million people, that is 35% of the entire population. In DR Congo, the estimate is about 55% of their population. Both countries are seeing increased poverty on a per second basis if we are...
I keep adding Mass Mobilization to many of my prescriptions for Nigeria to move ahead, because in my thinking, the idea by which a few people in government think they can solve the problems for the rest, is foolish. Nigerians must be rallied and constantly spokne to, and incentivised (monetarily and otherwise), towards the great...
Well, I am angry. Angry because the blood of those bombed out or shot to death at the dastardly Kaduna-bound train attacks have not dried up before we started seeing all sorts of funny declarations for the presidency in 2023. Nobody wishes such events to happen – except perhaps the perpetrators and their puppeteers –...
How else is one going to say this so that the mass hypnosis that we almost collectively suffer will clear, so that our brains may function well? The idea that the continuous encouragement of micro, small, and medium scale enterprises (MSMEs) is a sure bet approach to economic development is false, foolish, unscientific, fraudulent, wasteful,...
And this is simply because the chicken has come home to roost, not because it is desirable to subsidise a product that needn’t be subsidised. Well, some people may argue that because Nigeria is a crude oil-producing nation then it is good to expect the citizens not to pay what other people pay for refined...
I was in the same room in Lusaka, Zambia, at the African Development Bank annual meetings of 2016, when Akinwumi Adesina, the president of the African Development Bank, engaged in what you could call a very heated and bitter argument with an American lady. The subject was about the use of Africa’s coal resources. The...
Progressively maintain extensive infomediaries via extensible niches. Dramatically disseminate standardized metrics after resource-leveling processes. Objectively pursue diverse catalysts for change for interoperable meta-services.
The other day I got a call from one of those salesgirls at DSTV. When she asked if I had a few minutes I replied that I didn’t, but I was polite and didn’t want to hang up brashly. We hadn’t renewed the DSTV at my office for a month and she wanted to know...
