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, […]

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 […]

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 […]

By Dele Sobowale Professor Zulum symbolizes the typical Nigerian in power who does “not want to hear the truth”. When he unilaterally granted amnesty to “repentant” 30,000 (or was it 300,000) Boko Haram terrorists, without consultations with the Federal Government, some of us warned him that he was endangering the lives of Nigerians, not only in […]

By Dele Sobowale “Wisdom in people consists of the anticipation of consequences” – Norman Cousins, 1915-1990, Vanguard Book Of Quotations, P274 “The road to hell is paved with good intentions”  Until a few days ago, it would never have crossed my that I could be defending the Nigerian National Petroleum Company Limited, NNPCL, established to foster economic […]

By Dele Sobowale Almost every administration, since Babangida introduced VISION 2020 in 1992, had suffered from the same illusion of propelling the Nigerian economy to the top 20 globally, in terms of Gross Domestic Product, GDP, within a remarkably short time. In 1992, when the idea was first floated, Nigeria ranked 32; it is ranked 44 […]

By Dele Sobowale Chief Adebutu is the first Nigerian to be awarded four National Honours. Chief was born by Muslim father and mother; yet he voluntarily became a Christian and served the Methodist Church of Nigeria, so diligently and faithfully, he became a Knight of John Wesley, 1703-1791, the highest honour in the church. To the best of […]

This article could have been titled WHY BUHARI FAILED WOEFULLY or WHY TINUBU INHERITED AN ECONOMY ON THE BRINK OF COLLAPSE and any of those titles would have been apt. One of our former Sunday Editors forwarded a statement credited to an Emir who was once very close to Buhari when they were both in service. […]

By Dele Sobowale The Northern Elders Forum, NEF, has embarked on the wrong battle based on absolute ignorance. For weeks, since it was announced that a gold refinery will soon start operating in Lagos State, while a lithium processing plant would be established in Nasarawa State, the NEF has been at war with the Federal Government, […]

By Dele Sobowale The Economic and Financial Crimes Commission, EFCC, has been busy since 2023, exposing alleged monumental fraud by top government officials. The latest was the alleged interim forfeiture of 57 properties linked to Abubakar Malami, SAN, the former Minister and Attorney General of the Federation, AGF. Prior to that, the former Governor of the […]

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 […]