WHEN I was Acting General Secretary of the Nigeria Labour Congress (NLC) in 2011, we ordered workers’ strikes following disagreements on the implementation of the new Minimum Wage. Ogbeni Rauf Adesoji Aregbesola, Executive Governor of the State of Osun asked me for a discussion in Abuja.

The story went on to state the reason for the take over. According to the report by Everest Amaefule, “Following the declaration of force majeure by Integrated Energy Distribution and Marketing Company, the core investor in the Yola Electricity Distribution Company, the Federal Government has taken over the beleaguered power firm.”

Notwithstanding, the CBN has again assured Nigerians, that the current Naira rate would be stable, as it is inappropriate for the tail (i.e. the small parallel market) to wag the dog. Nevertheless, the CBN may have been in denial of the inflationary potential on the economy of the ultimately higher market prices for rice and 40 other items recently banned from official dollar purchase.

Don’t believe the lie: all men pray. There is no man on earth who does not pray; even atheists do. Put him in a particular space where he is confronted with his humanity and man will cry out for help in prayer. He might not know who is he is praying to, but he will ask for a deliverer. However, there is only one deliverer: God.

Forget wishing anybody Merry Christmas this year; you might as well also dispense with the Happy New Year greetings for 2016. At the risk of being called, once again, a prophet of doom, let me declare right now that given the trend of crude oil prices, Nigerians are headed for the bleakest Christmas in history, and we stand to start 2016 with the worst economic uncertainty in our history.