By Dele Sobowale “If you shut up truth and bury it underground, it will but grow and gather to itself such explosive power, that the day it bursts through, it will blow up everything in its way” –  Emile Zola, 1840-1902  Two things are now certain about Nigeria’s so-called refineries. One, President Bola Tinubu will, henceforth, […]

Pause a moment and wrap your mind around the revelation that Nigeria might not have had to borrow one kobo – if only its national oil company had been managed by honest citizens from the Chairmen of the Board of Directors to the gatemen.

By Dele Sobowale Talk of stating the obvious as profound wisdom, the National Security Adviser, NSA, Malam Nuhu Ribadu and the Chief of Defense Staff, CDS, General Christopher Musa, speaking at the 14th National Security Seminar, organised by the Alumni of National Defence College, Abuja, “said yesterday that hunger and poverty are catalysts fueling insecurity, violence and […]

By Dele Sobowale “Mice are mice; that is why mouse traps work.” President Bola Tinubu’s fresh request to the National Assembly to approve external loans totalling $24.14 billion is tiresome.  Once again, it raises concerns that Nigeria is hurtling towards a fiscal precipice, with public debt increasing at an alarming rate even as government revenues show signs […]

By Dele Sobowale “Mice are mice; that is why mouse traps work.” More than half of the corruption in the Federal Government, FG, would be wiped out; if only the Presidents responded to those reports the way they should. I stopped downloading, reading and analysing the Annual Report of the Auditor General of the Federation, AuGF, when […]

By Dele Sobowale ”Capital is a coward: it flees from wherever there is turbulence.”  Time managementFor almost ten years, the idea has been disturbing my mind that perhaps the time has come in Nigeria when governments at all levels must consider security as an economic variable. Right now, Nigerians, in and out of government remain […]

By Dele Sobowale “$3bn refinery fraud: N80bn found in sacked MD’s account” – Report, May 3, 2025 There is probably no adult Nigerian alive who was shocked or surprised by the news report. It was a tragedy waiting to unfold. That the Nigerian National Petroleum Company Limited, NNPCL, would be probed was never in doubt. The […]

By Dele Sobowale Nigerian leaders in Abuja and at state levels are desperate; even if most Nigerians are not aware of it. The federal and state governments are going broke with each passing day. Meanwhile, ignorance is bliss. Most Nigerians go to bed without the vaguest idea about how their economy is being gradually demolished by the […]

DISCO hiked my bill from N2.7m to N29m” — Lagos Deputy Gov. The report in a national newspaper of April 15, 2025, provided the best opportunity for all stakeholders to re-visit the matter of privatisation of electricity supply to Nigerian consumers. Put bluntly, Nigeria’s electricity Distribution Companies (DisCos) have become the greatest fraudsters in the […]

By Dele Sobowale “It is unthinkable that wisdom should ever be popular.”Johann Wolfgang von Goethe, 1749-1832. Access Bank Plc is perhaps the most innovative Nigerian bank in the last two years as the changes in the nation’s economic landscape have multiplied the uncertainties banks and other financial institutions face in the country today.  It has diversified […]