Sobowale On Business

FG and Umahi’s roads to hell

FG and Umahi’s roads to hell

By Dele Sobowale Vanguard recently published pathetic pictures of the Benin-Sapele-Warri Expressway; and Punch revealed to us what happens to the Lagos-Calabar Expressway, not even 15 per cent completed, each time there is a heavy downpour in the Lekki peninsula. The road becomes so flooded, it becomes barely usable. Morning shows the day. If Tinubu-Umahi’s […]
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Edun gone: Nigeria’s new lease on life

Edun gone: Nigeria’s new lease on life

By Dele Sobowale It was good news coming too late; but, better late than never.  Edun’s appointment as Minister of Finance and later elevation to Coordinating Minister was the cardinal blunder committed by President Tinubu. It was all based on sentiments and the unchecked penchant for wanting to reward loyalists – even with appointments underserved. The Minister […]

The sustainable food security trap

The sustainable food security trap

By Dele Sobowale One of the paradoxes of economics is threatening to create a food crisis later during the year. Last year January, escalating food prices dragged headline inflation towards 35 per cent. A 50 kilogram bag of rice was going for N80- 100,000 – depending on location. Governor Bago of Niger State was contemplating placing embargo […]

Cardoso living up to his promise – 2

Cardoso living up to his promise – 2

By Dele Sobowale Cardoso lacks Soludo’s charisma and intimidating stage presence. Criticism of CBN’s is not dismissed with scorn without a thought regarding their validity. He was either blessed with the humility to learn even from those who disagree; or he has acquired the attribute. Either way, the tendency has served him well. Skeptical critics, like me, […]

Cardoso living up to his promise 1

Cardoso living up to his promise 1

By Dele sobowale CBN Governor Yemi Cardoso, during his confirmation hearing, September 2023.  Thank God, there is one silver lining in a predominantly dark sky over Nigeria. The current Governor of the Central Bank of Nigeria, CBN, has returned the institution to its former glory. Four Governors have managed the affairs of the bank, before him, since […]

Worst food crisis looms in Nigeria

Worst food crisis looms in Nigeria

By Dele Sobowale “First we eat; then we do everything else” This alarm has become necessary because another warning published on this page, in  January 2025, was ignored, at first, by governments. Disastrous consequences followed; resulting in delayed over-reaction by the Federal Government. This, in turn has precipitated a food price cycle – imports crashed […]