I was graciously invited by the Economics students of the great University of Ilorin for their yearly NESA week, to which other Economics students were also invited. I took the opportunity to re-familiarise myself with Ilorin, which I hadn’t been to since my friend got married over a decade ago. But more importantly, it is...
The Federal Government, after a meeting with unions, NNPC and other stakeholders, yesterday announced that it will now ‘fully deregulate’ Premium Motor Spirit (petrol) prices, because it has come to the conclusion that Nigeria cannot continue subsidising that subsector, among other reasons. This action has met with kudos from many quarters, and knocks from others....
An Age is called ‘Dark’, not because the Sun refused to shine, but because people refused to see it – James Michener. I’ve been meaning to write on this topic since forever. I know it will be controversial because I am sure we Africans don’t take criticisms in our strides. But this is a continuation...
Logic will take you from point A to point B… but Imagination will take you everywhere. – Albert Einstein. While the Coordinating Minister for the Economy and Minister of Finance, Dr. Mrs. Okonjo-Iweala once brought two big cakes to a budget presentation. That must have been 2014. She wanted to indicate how the ‘rebasing’ of...
My hope was that immediately after the new government came, they would ask for people who want to volunteer – work for free or next to nothing. The enthusiasm then was that high. I knew many people who supported the #CHANGE who would have done that at the drop of a hat. Let us think...
I join Lawyer Femi Falana in asking the government to desist from incurring new foreign loans. This I do for several reasons. Falana listed a number of sources from which government could recover up to $200 billion in order to fund the budget and even beyond. This is valid. The president himself has on several...
As it morphs from egg, larva, pupa to imago, there comes a time when the butterfly becomes an ugly caterpillar. Call that the pupa stage. A close observer will realise that after a while, the caterpillar stops crawling all over the place and freezes up. In a week or two, a crack appears in the...
What is the world turning to? How come we are being driven by a new strain of negative feminism? With all the people that Boko Haram killed and kidnapped, it was when 200 plus girls were kidnapped that the global media descended on Nigeria in the Jonathan days. The unspoken message was passed quite eloquently;...
I didn’t support the ‘Boycott your Bank’ campaign launched by CAFON (Consumer Advocacy Forum of Nigeria) during the week because it sounded odd to me. I’ve never heard it before for customers to boycott banks. Do customers not need the banks more than the banks needed them in our kind of setting? With all the...
Already, many religious institutions in Nigeria are richer than the government, with some sitting on trillions of unencumbered Naira. A significant proportion of all earnings by most Nigerians, go to them, yet they go unregulated; even feared. Some of them are quite vicious; ready to resort to violence upon being challenged. Many of them have...
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