Sobowale On Business

Dangote Refinery IPO is not for you, by Dele Sobowale

Dangote Refinery IPO is not for you, by Dele Sobowale

Alhaji Aliko Dangote said he wants millions of Nigerians to share in the wealth which will be generated by the Dangote Refinery by buying at least ten shares priced at N525 each. That amounts to N5250 for each minimum investor. The impression was given that wealth sharing is guaranteed once the investment is made. Even […]
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Two versions of salad bowl of illusions on offer as economic policies

Two versions of salad bowl of illusions on offer as economic policies

THE two presidential candidates wasted no time releasing their proposals for governance once the Independent National Electoral Commission, INEC, flagged off the campaigns for the 2019 elections. Both documents were packed full with the multitude of promises for which elections worldwide are known. Most of them will be addressed as we proceed with the campaigns. On this page, however, only the economic policies and their impact on society will be discussed.

Two versions of salad bowl of illusions on offer as economic policies

Two versions of salad bowl of illusions on offer as economic policies

THE two presidential candidates wasted no time releasing their proposals for governance once the Independent National Electoral Commission, INEC, flagged off the campaigns for the 2019 elections. Both documents were packed full with the multitude of promises for which elections worldwide are known. Most of them will be addressed as we proceed with the campaigns. On this page, however, only the economic policies and their impact on society will be discussed.

Four reasons why Nigerian economy will not improve under Buhari

Four reasons why Nigerian economy will not improve under Buhari

The rate of change in our time is so swift that an individual of ordinary length of life will be called on to face novel situations which have no parallel in the past. The fixed man for the fixed duties, who in the old society was such a “god-send” will in the future be a public danger— Alfred North Whitehead, 1861-1947.

Forget 2018 budget it was a waste  of time anyway

Forget 2018 budget it was a waste of time anyway

BUT the truth is that we  are generally having the wrong discussion. I personally don’t think we have a debt problem, but we have a serious revenue problem, which, if we do not address, will snowball into a debt problem.” Ben Akabueze, Director of Budget in the Ministry of Budget and National Planning. October 24. 2018.

Forget 2018 budget it was a waste of time anyway.

Forget 2018 budget it was a waste of time anyway.

But the truth is that we are generally having the wrong discussion. I personally don’t think we have a debt problem, but we have a serious revenue problem, which, if we do not address, will snowball into a debt problem.” Ben Akabueze, Director of Budget in the Ministry of Budget and National Planning. October 24. 2018.