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Dangote Refinery IPO is not for you, by Dele Sobowale

Dangote Refinery IPO is not for you, by Dele Sobowale

Alhaji Aliko Dangote said he wants millions of Nigerians to share in the wealth which will be generated by the Dangote Refinery by buying at least ten shares priced at N525 each. That amounts to N5250 for each minimum investor. The impression was given that wealth sharing is guaranteed once the investment is made. Even […]
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Serial bailouts as growth strategy!

Serial bailouts as growth strategy!

Nigerians maybe forgiven if they do not know that the cumulative effects of the policies of the Central Bank and the Ministry of Finance (MOF) are generally responsible for the level of economic growth and price stability in the country.

On the carpet!

On the carpet!

Hi readers! A lesson for us divorced mothers is that it is unwise to try to use your children to fight the new madam in your ex’s home. You never know where the loyalty of your kids may lie, even though some may allow themselves to be manipulated by their mothers for a while, and they’re nasty to their father’s wife.

June 12: The myth and the reality

June 12: The myth and the reality

Another June 12 anniversary has come and gone. It is time, therefore, for a critical reflection on the events that precipitated the anniversary in question and on how “June 12” has been hijacked by carpetbaggers, publicity seekers, and political area boys and clowns to enhance their own narrow selfish interests.

The definition of greed

The definition of greed

It is greed that must be at the back of those who want House Speaker Dimeji Bankole removed more because he refused to via the capital vote for allowances than that he had mismanaged the House funds. It is greed that is at play when our managers of the economy want our excess crude reserve shared now rather than save it for future use or build structures that would outlive present holders of public offices.

Big oil and disaster capitalism

Big oil and disaster capitalism

Close to One Trillion Dollars worth of oil profits later, the Niger Delta is in the end an ecological Armageddon. It fits perfectly into what the Canadian journalist and author, Naomi Klein, would describe as evidence of the consequences of “disaster capitalism.”