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Next generation of Falcons, by Patrick Omorodion

The 2026 FIFA U17 Women’s World Cup may have come and gone but the memories of it would linger for a very long time. The competition which is the lowest among the age grade competitions put together by football’s world governing body, FIFA as nursery for the senior teams participating in the Women’s World Cup […]
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State police and scare mongers

Apart from the arm-twisting tactics of the sadistic proxies of the thieving oil marketers and the blackmail by the National Union of Electricity Employees, whose years of corruption and incompetence kept us groping in darkness, no debate has arrested the attention of the nation like the issue of state police.

Why we lost Bakassi to Cameroun (2)

DAY after day and sad event after sad event, it is becoming clear to many of our minority brothers that by joining in bringing down the Igbo the (North, along with the West) and their international business and political partners were merely given an unfettered right of way into the South East and South South to plunder and exploit.

Why are we still borrowing?

The national debt burden, which was about $32bn in 2006 was regarded as excessive and unsustainable. Consequently, we were encouraged to part with $18bn in order to cancel most of our external debt. Inexplicably, just six years down the line, Dr. Ngozi Okonjo-Iweala, who as Finance Minister incidentally ‘midwifed’ the controversial debt payout in 2006, now confidently assures Nigerians that our current debt burden of about $45bn is nothing to worry about, since, at only 17%, it falls well below the critical debt to GDP benchmark of 40%! The Coordinating Minister of the Economy is obviously unfazed that the average cost of servicing over N6 Trillion of these debts annually is in excess of 15% in place of 1 – 7% for such risk-free sovereign debts elsewhere.

Time to go Dr Okonjo-Iweala – Part 3

“If fuel subsidy removal is going to be your opening gambit in this complex game of economic-chess, you might as well return to your desk at the World Bank.” Dele Sobowale, August, 20II. Advice given to Dr Okonjo-Iweala.

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