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

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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When democracy becomes an embarrassment

When democracy becomes an embarrassment

LIKE everything in life, democracy has its downside, good and cherished as it produces the process that plays the midwife to a government that represents the will of the electorate. I stress the notion of process, for we oftentimes dwell on the outcome (the President, Senator, member of the House of Representatives, Mayor, etc.), not paying adequate attention to the fact that what matters in “democracy” in these examples is actually the process that confers some legitimacy on them as symbols and occupants of power and authority.

Biafra agitation: Abuja, Aburi or Araba?

Biafra agitation: Abuja, Aburi or Araba?

Only political illiterates would not understand that the sustained agitation for a Biafra Republic which has seen weeks of protests across the South East is not a development that can be wished away.

Does CBN mastermind the brazen rape of the treasury?

Does CBN mastermind the brazen rape of the treasury?

It would come as a huge surprise to Nigerians if anyone suggested that surplus money constitutes the greatest impediment to the creation of more jobs to enhance the quality of economic and social welfare of our people. Nonetheless, the constitutional custodian of money supply, i.e. CBN, would readily admit that the incurable presence of surplus money supply is actually the major challenge to best practice inflation rate below 2% and cost of funds below 5%, to successfully drive our economy.

Can Nigeria states go bankrupt? (2)

Can Nigeria states go bankrupt? (2)

Governor Aregbesola, went on to disclose to the people of the state, and Nigeria, that “Osun State received only N55m from the Federation Account for the month of September 2015.” For a state which had declared a monthly wage bill totaling N2.4 billion, this is not only frightening, it naturally leads to the question: from where will the state raise the funds to fulfill its obligations to its workers and others?

Rough road to Rio

Rough road to Rio

I DO not think Nigerian coaches and players know my age. If they did, they would not have conspired to send me to my grave before my time.