Dangote Refinery IPO is not for you, by Dele Sobowale
Alhaji Aliko Dangote said he wants millions of Nigerians to share in the wealth which will be generated by the Dangote Refinery by buying at least ten shares priced at N525 each. That amounts to N5250 for each minimum investor. The impression was given that wealth sharing is guaranteed once the investment is made. Even […]
Mistaken notions about food policy – 1 (CASSAVA BREAD AS CASE STUDY)
As a demonstration of personal preference for cassava bread, the President is in order. And as the transient occupant of Aso Rock, he and Mrs Jonathan can eat whatever they choose. But, it is a grave error to mistake what is a personal preference for a sound national food policy. It is almost certain that cassava bread, as staple in the Presidency, will not outlast Jonathan himself.
NYSC: thank you Reps
THE House of Representatives is gradually living up to its name. Since Hon. Waziri Tambuwal took over as the Speaker a little over a year ago, this chamber, formerly more renowned for its corruption, scandals and disgraceful scuffles over money and power which, during the Patricia Etteh-gate led to the death of Hon. Aminu Safana (a medical doctor) is gradually undergoing self-redemption.
Six new refineries hurray! But not yet Uhuru!
Many Nigerians believe that the ever-present challenges of fuel scarcity and subsidy could be conveniently resolved if new refineries are built, as national demand cannot obviously be met from the antiquated facilities available in existing government refineries. In recognition of this inadequacy, 23 licences for new refineries were approved by the authorities; 20 of these went to investors from the private sector, while the federal government and Chinese investors undertook to build additional refineries in Kogi, Lagos and Bayelsa States respectively.
HOW DOES JESUS SAVE?
Jesus is our Saviour, but how exactly does he save? Paul says he saves by paying for our sins with his blood. (Ephesians 1:7). But why listen to the servant when we can listen to the Son? As with all such questions, God has a definitive answer. He points to Jesus and says to us: “This is my beloved Son. Listen to him.” (Mark 9:7). For salvation’s sake, Christians need to listen to Jesus.
Governors and the law
Last week the Federal Court of Appeal handed down a long-expected judgment in a suit instituted by the elected Chairmen of local governments in Imo state against the governor of the state, Mr. Rochas Anayo Okorocha. In their suit, the chairmen prayed the court to declare ultra vires the decision by Mr. Okorocha acting in his power as the governor of the state, to depose them, and in so doing to recognize their stature as an independent tier of government.
