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FG and Umahi’s roads to hell – 2

By Dele Sobowale The Benin-Agbor-Asaba highway to sudden death symbolizes everything wrong with how the Federal Government and Minister David Umahi have been managing Nigerian roads. The horrors of that road are being replicated everywhere – as will be demonstrated shortly. Umahi obviously is the wrong man for one of the most important assignments. Nigeria’s […]
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Babangida and Atiku “irresponsible”?

Right of self-determination of all people in the country must be accepted and a referendum or plebiscite shall be the method through which the wishes of the people concerned shall be ascertained.These rights include the right of any state within the country to secede

Why higher oil prices cripple the economy

THE crash in crude oil price is usually identified as the major contributor to the prevailing parlous state of our economy; clearly, the drop in oil prices from over $120/barrel to a more humble price below $50/barrel and the significant drop in output, certainly reduced revenue inflow. Thus, one may be tempted to suggest that if “fortuitously”, oil prices soar well above $120/barrel, once more, with production also constantly exceeding 2.5mbd, our revenue base should expectedly flourish and all will be well again.

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