Sobowale On Business

How Nigerian governments encourage corruption

How Nigerian governments encourage corruption

“NEITI audit report probe suffers setback in Senate.” VANGUARD, August 4, 2026 The report by Henry Umoru also stated as follows: • As CBN, NDDC, NEITI, NUPRC shun committee’s summon. • You must appear on Thursday or we invoke our powers – SENATE. The news report, which most readers might have dismissed without much thought (if […]
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Poorer now richer in the long run

Poorer now richer in the long run

Alfred Marshall, the father of classical economics and the person who pointed out the principles of comparative advantage taught us what any professional economist must understand as his main contribution to society at large. Given the scarcity of resources, even in temporarily affluent nations like the USA, Qatar and Saudi Arabia, no nation has all the resources to do all that it needs to do, now and in the future.

Govt admits fraud in SIP: Matters arising

Govt admits fraud in SIP: Matters arising

ONE unpleasant truth has recently blown up in the faces of President Buhari and Vice President Osinbajo. On May 29, 2015, President Buhari announced the Social Intervention Programme, SIP, which was called the most audacious attempt by any government in Nigeria to address the issues of poverty and joblessness.

Govt admits fraud in SIP: Matters arising

Govt admits fraud in SIP: Matters arising

ONE unpleasant truth has  recently blown up in the faces of President Buhari and Vice President Osinbajo. On May 29, 2015, President Buhari announced the Social Intervention Programme, SIP, which was called the most audacious attempt by any government in Nigeria to address the issues of poverty and joblessness.

Ergp and the mountains to climb – 2

Ergp and the mountains to climb – 2

Those were the words of wisdom from the Malaysian lecturer who delivered the first keynote address at the Nigerian Economic Summit Group meeting in 1992. I still have the hand-notes taken from that promising workshop.

ERGP and the mountains to climb

ERGP and the mountains to climb

This occasion is timely and according to the plan, the unique point of our four year economic growth plan. It comes with an implementation strategy and a devise which has been described as laboratories.—VP Osinbajo.