Frankly Speaking

From begging to banditry: Revolt of the almajiris, by Dele Sobowale

“No revolution is the fault of the people but the fault of the government” – Johann Goethe, 1749-1832, VANGUARD BOOK OF QUOTATIONS, VBQ. A revolution is underway in the Northern states of Nigeria. The downtrodden, constituting 99.9 per cent of the population, hitherto docile beggars, saying “rankadede” to the privileged 0.1 per cent are sick and […]
Visible Articles 5 10 15

Lagos State governorship: 2015 Christian Agenda –1

The Action Congress of Nigeria, ACN, should start now thinking of a Christian successor to Governor Babatunde Raji Fashola, SAN, a Muslim, by religion, for 2015. Otherwise Christians should spend the next three and a half years, before the April 2015 elections, searching for another political party in which they will no longer be treated as second class members.

Medium term fiscal framework & the banking sector –2

“I want to see a situation where bank depositors can go to sleep with their two eyes closed”. Professor Chukwumah Soludo, Governor, Central Bank of Nigeria, August 2004. And for Soludo, security could only be guaranteed by creating banks which were “too big to fail. Like the author of the great ship, called Titanic whose builder boasted that “even God cannot sink it,” Soludo, as we had noted earlier, got his wish.

Before we occupy: Constructive advice to President – 3

Too much inequality can harm the efficient operation of an economy…excessive inequality can have two perverse consequences: first, the very wealthy lobby for favours. Contracts and bailouts that distort markets; second growing inequality undermines the ability of the poorest to invest in their own education…These factors mean that high inequality can generate further high inequality and eventually poor economic growth.

Exit mobile version