By Dele Sobowale Words of wisdom ring true for ages. The United States of America is neck-deep in debt; and most of its economic leaders-of-thought are convinced that it is only a matter of time before the bubble bursts and a full-blown recession will follow. Nigerian governments, since 2004, after we secured debt relief, have returned […]

By Dele Sobowale The report in the PUNCH went on to state that “The Chartered Institute of Taxation of Nigeria, has warned of the risks the nation becomes exposed to over alleged discrepancies between the tax laws passed by the National Assembly and the versions that were gazetted.” President Tinubu is strongly advised to listen to the […]

By Dele Sobowale NNPCL is the only state-owned oil producing organization in the entire world which has become a perpetual drag on the nation’s progress. Last week, just as the nation was celebrating the declaration of Ntn profits from operations last year, Nigerians were once again reminded that very little has changed in the management of […]

By Dele Sobowale Ask anybody, including the best educated and most erudite, about the Nigerian economy, and the response will probably be subjective summary based on personal and political bias long ingrained. Members of political parties have made up their minds in advance of any event regarding the economy. For some, President Tinubu can do no […]

. expected to hit 80% by year end. By Dele Sobowale VANGUARD, November 10, 2025. “Where is the money?” Weekend Trust, November 8,9, 2025. Drowning in debt and liking it As a subscriber to several newspapers, it has been possible to follow virtually all the issues affecting our lives from several perspectives. Every Monday brings a big […]

By Dele Sobowale The great Indian leader and liberator made that remark before he was assassinated in 1948 at a time when his country, now divided into at least three nations, suffered from food scarcity worse than Nigeria is experiencing now.  Certainly, it can also be said that there are millions of people in Nigeria today, […]

Why Nigerian budgets often fail “Whatever a man prays for, he prays for a miracle; every prayer reduces itself to this; Great God, grant that twice two be not four.” Ivan Turgenev, 1818-1883 VANGUARD BOOK OF QUOTATIONS, VBQ p 198.  No Federal or, as far as I know, state budget since 1999 has been successfully implemented as […]

By Dele Sobowale “Our refinery has recorded 22 incidents of sabotage” — Dangote Nigerian history, since my return from the US in 1974, has always made me to thank God, that I not only read History as an elective subject as an undergraduate in the US; but, that the interest remains abiding. In fact, if I […]

By Dele Sobowale “Sacked workers: PENGASSAN threatens to picket Dangote Refinery” – Report, September 29, 2025 When Alhaji Dangote embarked on establishing the largest single train refinery in the world in Lagos, his intentions could not possibly have included fomenting trouble. He had more exalted aims like ending Nigeria’s perennial and intractable fuel scarcity; saving Nigeria […]

By Dele Sobowale “Nothing is more wasteful than doing with great efficiency that which should not be done.” Theodore Levitt, Harvard Business Review, March-April, 1993. For five years, after being confined to a wheelchair, I now feel strong enough to travel around Nigeria more often. Thus, in August, I was able to touch eight states. What I […]