When the people lie against the government, by Owei Lakemfa
Independence address, endless promises no specifics
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SubscribeLagos @ 50: A conversation and matters arising
I AM going to engage you in a conversation about Lagos in 1861 and matter arising therefrom as the history of Lagos continued to be in many respects the history of Nigeria. I cannot do justice to such a huge subject in this conversation. I would therefore lightly skip over most of the history concentrating on problems we foresaw in 1967 at the beginning of the creation of Lagos State and 1976 as we moved towards a return to civilian rule.
Is petrol still subsidized?
THE Minister of State for Petroleum, Dr. Ibe Kachikwu, informed newsmen in Abuja, on 17 December, 2015, that the Federal Government would focus on price modulation of petroleum products to ensure efficiency and regular supply of products; price modulation, according to the Minister, has nothing to do with the removal or existence of subsidy.
Losing our past, groping into the future
MANY Nigerians live in a bewildering world. They cannot make sense of their circumstances as poverty struts the land like a conquering giant with its Siamese twin, hunger, battling many to submission.
Central bank in a dilemma over Nigerian banks
MY first major article on banks was in 1992; when one Mr Jimi Lawal, was the Managing Director of Alpha Merchant Bank. From the quarterly, semi-annual and annual reports of the bank, anyone could be forgiven for thinking that Mr Lawal, who was also a flashy dresser and certainly not conservative, as traditional bankers were, had his own mint for printing the funds his bank was allegedly making. He was not alone.
$30b loan: It’s equity or no deal
PRESIDENT Muhammadu Buhari’s plan to borrow $30 billion foreign loan has been unveiled, and will soon be tabled before the National Assembly for approval. If his intention sails through, it will be the single largest loan tranche in the history of Nigeria.
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