66 years on, Nigeria must escape the fragility trap, by Olu Fasan
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SubscribeWhy 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.
Probing all past govts: Matters Arising
Call it a plea for equity or an appeal for consideration, Jonathan’s published advice to Buhari was one few people, this time last year, would have imagined likely. It has never happened in Africa for an incumbent President to be clearly defeated in an election.
Ndigbo and the burdens of history (1)
As a student of history, I have come to realise that it is only within the scaffolding of fidelity to its lessons that individuals and groups can positively transform socio-political reality in an enduring and meaningful way. In otherwords, those who ignore the lessons of history no matter how disagreeable they might be are bound to repeat terrible errors of the past. Ever since Nigeria was created by British colonial imperialism in 1914, efforts have been made to build a truly Nigerian nation that blends into a relatively harmonious geopolitical entity the diverse ethnic nationalities out of which the colonial amalgam was founded. Unfortunately, from the very beginning such attempts, especially by British colonial administrators, were largely disingenuous, biased in favour of the North and geared towards optimum exploitation of the newly created colony for the benefit of imperial Britain.
Change the mindset
It is disturbing that in this day and age, people can work and not get paid and yet, it is expected, I mean, it is demanded that they continue to work and there is no promise of payment. Only in Nigeria! Nigerian mentality is oxymoronic.
Satanic Prosperity
If you cook a prophet his favourite meal and he prays for you, what kind of prayer is he likely to pray? He might pray that God should give you the desires of your heart. He might pray that God should prosper your business. He might pray that God should heal you of your infirmities. He might pray that God should give you your own husband; your own wife; or your own children.
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