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Rational Perspectives

Should my daughter call her dad’s new love ‘mummy’?

Since we split early in the year, my ex and I shared custody of our four-year-old daughter. This has worked out well, but she has started refering to her dad’s new girlfriend as ‘mummy’. I don’t have anything against the woman, but my daughter has only known her for a couple of months. The worst part is that I’ve never seen them correcting her. I want to stop taking her there for a while. I know it’s wrong, but I’m her only mummy.

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Skye Bank

SKYE BANK: Lucky depositors, disgruntled investors and beguile public

THE business license of erstwhile Skye Bank Plc was summarily revoked last month (September 2018) by Godwin Emefiele, the CBN Governor. The revocation came about two years after the financial regulator sacked the management in July 2016; the action followed the bank’s inability to meet the mandatory minimum key liquidity and capital adequacy ratios, which failure resulted in “the bank’s permanent presence at the CBN lending window.”

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Nigeria Independence Day

Collegiate presidency and national harmony

THE above title was first published in June 2006 and has been repeated annually, since then, on the Anniversaries of Democracy and Independence Day. However, its content has become increasingly relevant this year. Hopefully, this article will again serve as a wake-up call to abort the dire inevitable consequences which will clearly jeopardize our relationship as a nation, and forestall the inevitable frustration of the hope of our people for a better life. I wish you Happy 2018 Independence Day! Please read on.

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14 Nigerian banks to enjoy $7bn reserve

The Chairman of the Special Presidential Panel for Recovery of Public Property, Mr. Okoi Obono-Obla, recently, (Sept. 7th 2018), noted in a NAN report in Abuja, that the Agency is continuing its investigations to “recover monies that have been taken away from the people of Nigeria.” One of such ‘loot’, according to the Chairman  is the “almost $7bn bailout fund that the Central Bank of Nigeria (CBN) granted 14 commercial banks between 2006-2008. Obono-Obla also confirmed that “after 13 years, these banks have not returned the money to government’s treasury.” Curiously, however, according to Obono-Obla “when we enquired from CBN, the state of that money, the banks told us that the money was ‘dashed’ to them.”

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2018 Budget: Inherent mischief and financial recklessness

The Deputy Speaker of the House of Representatives, Yusuff Lasun disclosed, last week, that the National Assembly, would interrupt its annual recess and reconvene, sometime, this week, to consider an expenditure proposal for N242bn for conducting 2019 General Elections. It is unclear, why President Mohammed Buhari omitted this item in the appropriation bill, presented to the National Assembly in November 2017.

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Banking hall

Shoprite as metaphor for AfCFTA

THE South Africa President, Cyril  Ramaphosa, was in Abuja earlier, this month (July 2018), to participate in the 25th  anniversary and annual General meeting of the African Export Import Bank (Afreximbank). Ramaphosa, used the opportunity to call on Nigeria, not to delay signing the agreement for the African Continental Free Trade Area (CFTA).

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The Nigerien Connection

IN September last year (2017), President Muhammed Buhari received his Nigerien counterpart Mahamadou Issoufou in Daura, Katsina State; Issoufou had reportedly visited, to ask after PMB’s health and also congratulate him on Nigeria’s exit from recession; the discussion, apparently also included “the fight against Boko Haram, the economic challenges in the Lake Chad Basin and other developmental concerns, that directly affected the citizens of both countries”.

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