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 […]
Visible Articles 5 10 15
Open letter to Buhari on behalf of Nigerian consumers

Open letter to Buhari on behalf of Nigerian consumers

Mr President, Sir, you probably don’t need a reminder that there is a recession on in the country. As a matter of fact, what we have is stagflation – a wicked combination of inflation (now 18.5%) and declining GDP (now -2.4%). Most economists and marketing professionals would testify that the two translate to low purchasing power and empty pockets. Permit me to confess that I am both a practitioner of the dismal science (economics), as well as Marketing.

Wanted: Governors who can do more with less

Wanted: Governors who can do more with less

Newly-elected Governor Godwin Obaseki of Edo State struck the right note in his maiden address to the people of Edo State when he declared that “there is more free lunch”. He has his reasons which the tables below will pertly explain. Contrary to what some consider an early rebuke of his immediate past predecessor, it was nothing more than a bow to reality. Facts remain the eternal enemies of illusions which still drive most of our politicians promising free everything under the sun.

The Famine late this year  and next year

The Famine late this year and next year

ON Tuesday, November 15, 2016, several Nigerian news media carried the news of the Presidency raising alarm over imminent famine in Nigeria by January 2017 – which is a mere five weeks away. In fact, the word used was “Nigerians should brace themselves”.

Why the school food programme might not work

Why the school food programme might not work

When the currenyear ends on December 31, 2016, several previously sterling reputations would have been diminished because they were deaf to advice which did not emanate from official circles. Despite all the nonsense about having all hands on deck, they preferred to err their own way instead of being corrected by others. In order of protocol, the reputations steadily declining are those of President Buhari, Vice President Osinbajo, SAN, the Minister of Budget and Planning, the Minister of Finance and Mrs Uwais, wife of the former Chief Justice of the Federation who is the Director of the N500 billion Social Welfare Programme, SWP.

Why the social protection programme will continue to fail – 1

Why the social protection programme will continue to fail – 1

The president had announced the Social Protection Programme, SPP, with the sort of hyperbole expected of people still having a hangover from the promises made during elections. According to Buhari, “I am happy to formally launch, by far, the most ambitious Social Protection Programme in our history.