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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Who is minding the economy now?

Who is minding the economy now?

EVER since he was appointed the Executive Director and Chief Executive Officer of the Export Promotion Council, Mr. Awolowo has been singing the same song. When it comes to sounding like a broken record, he is in good company. The Chief Executive Officer of Nigeria Plc, President Buhari never changes his tune anywhere he goes.

Who is minding the economy now?

Who is minding the economy now?

EVER since he was appointed the Executive Director and Chief Executive Officer of the Export Promotion Council, Mr. Awolowo has been singing the same song. When it comes to sounding like a broken record, he is in good company. The Chief Executive Officer of Nigeria Plc, President Buhari never changes his tune anywhere he goes.

Deepening poverty and increasing unemployment mark Buhari’s third year in office

Deepening poverty and increasing unemployment mark Buhari’s third year in office

YOU don’t need me to tell you that the country about which the World Bank made that remark is Nigeria. While Buhari was in the White House being scolded like a retarded school boy by President Trump about his responsibilities to his people, the World Bank was confirming what every Nigerian already knew about the state of the economy.

The 18 million mouth gap in Nigeria

The 18 million mouth gap in Nigeria

BUHARI’s obsession with becoming President, which was eventually  rewarded with success in 2015 on account of the efforts of people like me has taught me a lesson which I should have learnt earlier. When some one becomes fanatical about acquiring power people should beware. The result is almost always tragic. The test of honesty is money; the test of integrity is power. The Buhari we thought we knew was a fellow with utmost integrity who will neither condone corruption nor indiscipline. The Buhari we have is a President not only comfortable with corruption but one who has raised indiscipline to high rank. Allied to that is a government which apparently is run without regard to who the government is set up to serve.

Economic development impossible under APC

Economic development impossible under APC

THIS is the season for second term seekers in Nigerian politics. What Nigerians should be asking each of them is one question: what did you do with the first term? A corollary to that question is: are Nigerians better off today than when you came in? Judged by the irrefutable evidence at our disposal, the ruling party, All Progressives Congress, APC, is a failure.