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Tacking poverty in Nigeria: Onus on crony billionaires, not self-made musicians! By Olu Fasan

Tacking poverty in Nigeria: Onus on crony billionaires, not self-made musicians! By Olu Fasan

Senator Oluremi Tinubu, Nigeria’s irrepressible first lady, recently made two controversial interventions on the country’s socio-economic situation. First, she told the jobless to start selling akara, roasted corn or kuli-kuli to eke out a living. Then, she admonished rich young musicians to help the poor. She received a torrent of criticism for the comments. Yet they […]
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Acting Black, but White

Acting Black, but White

Acting White is a derogatory verbal weapon in the African American community. The term is used against African Americans who, by their demeanour and actions, tend to mimic white modes of behaviour.

2019 already in play in APC

2019 already in play in APC

While the various political elements that formed the victorious coalition, the All Progressives Congress, APC, gathered against the former ruling Peoples Democratic Party, PDP, pundits had believed it was only a matter of time before the gang-up would come unstuck. However, the various constituents surprised everyone, sank their differences and worked together to ensure the ouster of ex-President Goodluck Jonathan, with Muhammadu Buhari as the arrowhead of the grand coalition of the old North and the ruling political mainstream of South West.

APC, know thyself

APC, know thyself

The ruling All Progressives Congress, APC, is not a party in itself, but a party for itself. The mere fact that a coalition declares itself a party does not mean it automatically becomes a party which is a political movement built over a period-based defined principles. A political party is like a child that needs to grow, even if that child is a weird one that defeated his father in a contest.

CBN and the N8bn scam (1)

CBN and the N8bn scam (1)

If indeed money is the root of all evil; then the devil would have been an idiot, not the crafty fellow he is reputed to be, if he did not set up shop in every bank on earth. Where else is so much money on display every day?…

Why higher oil prices cripple the economy

Why higher oil prices cripple the economy

Well, as you can imagine, if the system is already deluged with problematic surplus Naira, the infusion of any additional Naira will only worsen the already suffocating burden of too much money. Consequently, if government makes sectoral interventions with hundreds of billions of Naira when surplus cash is already a problem, you will understand that the impact of spending the additional intervention funds in any manner whatsoever, will simply ‘inadvertently’ exacerbate the threat of inflation.