I am afraid the ordinary citizen will not like to be told that the banks can and do create money. And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hand the destiny of the people.” Reginald McKenna, Chairman of the Midland Bank, 1924.

President Goodluck Jonathan, weekend, said there was no going back on privatization of electricity projects in the quest of his administration to give stable power supply to Nigerians.

That statement by the Minister was tucked into a report which screamed, POWER GENERATION DROPPED BY 2,042MW. The story went on to state that “Peak generation for the country as of Tuesday was out at 3,865MW, while 3,331MW was the figure for the off-peak generation.” Meanwhile, the first month of the year has come to an end and the nation is still receiving less than 4,000MW steadily, despite the lies by the PDP and the Minister’s widening credibility gap.

AHEAD of the March 28 presidential election, former Deputy Chairman of Peoples Democratic Party, PDP, Edo State, Mr. Clement Edo-Osagie, has urged the people of Edo South senatorial district to be wary of those he described as insignificant political stooges, who were out to use their positions to attract political patronages to themselves and their immediate families at the detriment of the vast majority.

The stock market is a long-term market. If you weighted out the last crisis, the chances are, that you may have recovered or near recovery. Until the recent crash relating to the uncertainties in the economy. Only those who borrowed to be in the market and have a lot of debt to worry about may have challenges. Those who sold may have suffered, but it is better to find someone to help you with professional advice.