“The Stone Age didn’t end for lack of stone, and the oil age will end long before the world runs out of oil.” – Sheikh Ahmed Zaki Yamani (2005) John Defterios anchored the session. On the high table as discussants were Nigeria’s Ibe Kachikwu; President Aliyev of Azerbaijan; Khalid Al Falih, the MD of Saudi Aramco; Lin...
I still cannot understand what Buhari has in common with Enang, and where they met. Maybe it’s all polictics and we were fooled. But anyone who, under Jonathan, sought to undermine the unity of this country should not be in this government. Anyone who never bothered whether their actions and utterances could set the country...
I remember when as a young bank worker in 90s Lagos, we sewed our suits with different wannabe Nigerian ‘tailors’, with varying disastrous or comical effects. Some simply swelled around the shoulders, some developed bubbles in the front, for some the ‘stays’ fell off, making the jacket sag in different places, while some changed colours...
Thank God for BVN (Bank Verification Number), the banks will tell you there are millions of us carrying different valid ID cards… in different uncorrelated names. This is the reason why the National ID Card project is shambolic, why INEC records are rubbish and cannot be relied upon or synced by other agencies (again thank...
The Group MD of the NNPC and Minister of State for Petroleum, Dr. Ibe Kachikwu, on Christmas Day announced that the Federal Government was not ready to totally deregulate the petroleum market. He added – quite surprisingly – that the price for petrol at the pumps will be N85.00 by the January 1st, 2016. Since...
I’d never seen her before… nor heard of her. I noticed though that she wasn’t sitting very professionally when I tuned in to Channels TV to watch the presidential chat yesterday and commented about her posture. She did ramble a bit but I picked one very important question she asked the president. It was something...
I have been ruminating about how we who ‘naively’ agonise about society can derive more value from our advocacy rather than being seen as fools, and are left holding the can. I was ruminating about how we would not end up as paupers or totally frustrated, as those who consider themselves smarter grab political space,...
(How Dasuki shared N30billion loot with Bafawara, Dokpesi, Yuguda, Obaegbena, Annenih, Kusa and others) The Economic and Financial Crimes Commission has unraveled how a former National Security Adviser, retired Colonel Sambo Dasuki, allegedly shared a “loot” of N30 billion, which was delivered to him in Dollar from the Central Bank of Nigeria. The money was...
A lot of the economic problems facing Nigeria can be traced to a way of thinking. This thinking believes that markets can never be a good thing if left to their own devices and so they must be subjugated. Prices must be controlled. And so on. It affects everything from forex policy to fuel subsidy...
Says ex-VP’s office got N20m monthly •Yuguda, Bafarawa, others to account for N18.09b cash got for Operation Capture North-West for PDP •Ex-Minister got another $9.8m within two months More revelations by former Accounts Officer II, Ibrahim Idris Wambai have shown that the Office of ex-Vice President Namadi Sambo was on a monthly stipend of N20million...
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