The concept of moral hazard is defined as a situation where there is a tendency to take undue risk, because the costs are not borne by the party taking the risk.

The media, including me, made a terrible mistake a few weeks ago. It all started from a story in the PUNCH newspaper of April 5, 2013, by one Friday Olokor, titled “Only 27.2% of Nigerians’ll be poor by 2015 –NBS.” The title was totally misleading and other commentators, apart from me, reacted to what, we knew, was a fallacious statement. As it turned out, the Chief Executive of the National Bureau of Statistics, Dr. Yemi Kale, had already sent a correction to media houses in Abuja. Our copy at Vanguard had not reached Lagos by the time I wrote. That was the source of the error on my part.

Several years ago, I was listening to a sermon by Ethel Aderemi, when the Lord suddenly asked yet another of his enigmatic questions. “Femi,” he said, “what is the name of Jesus?” I was dumbfounded. I asked myself: “Is Jesus not the name of Jesus?” What then could be the meaning of the Lord’s question?

The July 14, 2012 Governorship elections in Edo State, were reportedly overwhelmingly won by the incumbent Governor, Comrade Adams Oshiomhole. According to the election results, the Governor won in all the 18 Local Government Areas of the State.

President Goodluck Jonathan, for once, has my sympathies – because he is a prisoner of circumstances. Only a few were self-created; the majority were invented by his declared enemies and undisclosed adversaries. In the entire history of Nigeria, no Head of Government has ever faced the set of problems associated with the Boko Haram insurgency that this particular President has had to confront right from the first day after inauguration on May 29, 2011.