What Ibrahim Okai said in the 1980s was true before then and still true today – especially in Nigeria. Banks according to economic principle, are the only entities established to create wealth. But, they seldom do it for the poor in most countries. In Nigeria, never. In fact, here, they prefer to lose money on rich dead-beats than to make money on small struggling business people.

In the light of the usual extended recess during the forthcoming Id el-Kabir and the Christmas/New Year celebrations, the Legislature may have, possibly less than two months within which to consider and approve the 2013 budget, which President Jonathan laid before the National Assembly last week.

 
Imagine you are at a meeting with President Goodluck Jonathan.  Suddenly, some policemen come in to arrest him.  The President refuses to alert the National Guard.  He does not call the army.  When one of his Secret Service details tries to defend him, the President restrains him.

Publication, this past week, of Chinua Achebe’s memoir of Biafra, There Was A Country, had the Awoist camp up in arms. The Awoists – followers and defenders of the legacy of Chief Awolowo- have expended a lot of verbal grapes on the person of Chinua Achebe. It felt like a dangerous mob unleashed on one of the world’s most important cultural icons. All Achebe did was tell the truth about Awo.

Time was when a lawyer could predict the likely outcome of a case because of the facts, the law and the brilliance of the lawyers that handled the case. Today things have changed and nobody can be sure….Nowadays, politicians would text the outcome of the judgment to their party men before judgment is delivered and prepare their supporters ahead of time for celebration”. Chief Afe Babalola, SAN, in PUNCH, September 23, 2012, p 9 in an article titled Toying with corruption in the temple of justice.