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Lies, damned lies about fuel subsidy removal in Nigeria, by Olu Fasan

Lies, damned lies about fuel subsidy removal in Nigeria, by Olu Fasan

For decades, removing the petroleum subsidy in Nigeria was a political hot potato and then a political football. The first metaphor refers to the squeamishness of some past governments about removing the subsidy. The second describes self-interested and hypocritical politicians whose presidential ambitions led them to be Janus-faced on subsidy removal. In 2012, Bola Tinubu […]
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Economic devastation of Apapa wharf by governments – 2

Economic devastation of Apapa wharf by governments – 2

by Dele sobowale Never leave a black man with anything beautiful; he will only spoil it— White South African as Mandela was taking over as President. READING that statement by the white man who was migrating to Europe, I was temporarily livid with rage. The man was a racist quite all right. But, he was […]

Our intractable Northern burdens

Our intractable Northern burdens

In about ten years, what will become of our monthly revenue sharing routine? There may be nothing to share! The call for devolution is a call to secure the future of Nigeria as a united country. Today, it is unpopular. What shall we do when no one will buy our oil anymore? Arewa youths, what will you “enjoy”?

Desperation for forex and 18% treasury bills ‘awoof’!

Desperation for forex and 18% treasury bills ‘awoof’!

By Henry Boyo THE Central Bank of Nigeria offered six and 12-month Treasuries at yields higher than the country’s inflation rate to lure yield-hungry investors and attract dollar inflows. Notably, the CBN sold a total of N204.96bn ($650.67m) in bills, on 19th July 2017. Meanwhile, “Annual inflation rate has reportedly eased to 16.1%. “However, the […]

Buhari’s endless returns

Buhari’s endless returns

The reduction of the significance of Nigeria affects Nigerians in very important ways in international circles, where Nigeria is currently seen primarily as a “lap dog of empire” and also as a nation of very inferior leadership

The phenomenon of Biafra (1) )

The phenomenon of Biafra (1) )

Unless drastic measures are taken as soon as possible to pacify the growing number of malcontents nationwide things might soon fall apart irrecoverably and guided peaceful change would no longer be feasible