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ABSU: Running a university as a local village contraption, by Owei Lakemfa

Professor Nnamdi Chinwendu Nwaeze holds three degrees in economics, all with distinction. When, on August 11, 2026, lecturers of the Abia State University, ABSU, where he professes, went on strike, he applied his economics profession by comparing the N400,000 some of the lecturers are paid with the income of the commercial tricyclist who makes an average […]
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Remembering the Obama years

HE was young and good-looking. He was also confident and his rousing rhetoric got everyone eager to be part of his train. Starry-eyed, his words would rekindle the dying embers of a nation at a moral crossroads. It set the youth alive and got them chorusing the song for the rebirth of their country.

Nigeria and Economic Recession: Way out (7)

Last week in continuation of my examination of the huge potentials of Agriculture as a means out of getting Nigeria out of the current economic crisis, I focused on the advantages of the River Basin Development Authorities established in 1976 by the regime of the then General Olusegun Obasanjo GCFR. I concluded by calling on government to to revisit the river basin schemes in order to improve agricultural fortunes of Nigeria.

Religion will be Nigeria’s undoing

The practice of putting individuals before institutions is one of the many issues preventing Nigerians from benefiting from the justice, equality and fairness which their global counterparts take for granted. Instead, excuses, in Nigeria, are made to explain why certain rules don’t apply to certain people, or why “human rights”, genteel treatment apply only to the rich and not to the poo

NaijaExit

IN June 2016, Britain went for a referendum to stay in the European Union after being a member for 46 years or to exit. Becoming a member of the Union was itself a problem because General De Gaulle and other members of the then small European Economic Community, EEC, of seven or so members regarded Britain as a non-European country. EEC eventually evolved into the European Union – a strong economic community but with political overtones.

MMM: The fool and his money are parted

THOSE who were in Lagos around 1991-2 would remember Forum Finance located on Allen Avenue in Ikeja,a company that employed a number of young men and women in flashy cars going about town duping the gullible of their hard earned money .Its famous advert was “Forum go double your money!”. It paid outrageous returns to its earlier investors and this made many fools to part with their money . By the time the bubble burst,it was sorrow and tears for thousands of unwary who lost their fortunes to the Ponzi scheme .

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