Sobowale On Business

Independence address, endless promises no specifics

Independence address, endless promises no specifics

By Dele Sobowale Bayo Onanuga, the Senior Special Adviser to the President, accused critics of writing their responses without reading Tinubu’s address. That is certainly not true about me. In fact, the address was read to me by Uncle Sam, the Publisher of Vanguard, in his house – while asking for my comments on a […]
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We have no refineries; we have scraps – Dele Sobowale

We have no refineries; we have scraps – Dele Sobowale

ONE of the reasons Nigeria has never developed as well as her great potentials will suggest is that we live on collectively accepted lies. Among the most enduring is the idea that this country has four refineries. We have a Ministry of Petroleum Resources, the Nigerian national Petroleum Corporation, NNPC, which we claim operates four refineries with combined refining capacity of 445,000 barrels per day. The refineries meanwhile were established from 1965 to 1980.

Stop playing politics with 2018 budget  in the national interest – Dele Sobowale

Stop playing politics with 2018 budget in the national interest – Dele Sobowale

SEVERAL reasons have been adduced for the continuing delay in getting the 2018 budget passed. This is unfortunate because the 2018 budget has been the most professionally prepared document in more than thirty years – dating back to the Babangida regime. IBB had two former World Bank economists working for him at the same time – Dr Kalu Idika Kalu, KIK and Dr Okongwu.

A catalogue of failures by buhari’s ministers – 1

A catalogue of failures by buhari’s ministers – 1

IN 2016 and again in 2017, they collectively and individually deceived their Fellow Nigerians. Announcing “the biggest budget ever in the history of Nigeria”, they never told us they were not going to fulfill their promises. We failed to take notice in 2016 when the first budget prepared by this administration was a burst. We were too trusting; or as some of us thought, they lacked experience and would soon learn. But as we crawl to the end of 2017, it is becoming quite clear that these guys really intend to continue to lie to us.

FG powerless against economic terrorism? – Dele Sobowale

FG powerless against economic terrorism? – Dele Sobowale

THAT was in a news report published in a national newspaper. The Federal Ministry of Agriculture and Rural Development has raised alarm about the increase in the volume of rice, fish and poultry products being smuggled into the country. The Ministry, obviously speaking to deaf ears, warned that “importation of rice and frozen fish through land borders is illegal and prohibited.”