Sobowale On Business

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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State of the Nigerian economy an objective view

By Dele Sobowale Ask anybody, including the best educated and most erudite, about the Nigerian economy, and the response will probably be subjective summary based on personal and political bias long ingrained. Members of political parties have made up their minds in advance of any event regarding the economy. For some, President Tinubu can do no […]

FG exceeds 2025 borrowing target by 55.6%

. expected to hit 80% by year end. By Dele Sobowale VANGUARD, November 10, 2025. “Where is the money?” Weekend Trust, November 8,9, 2025. Drowning in debt and liking it As a subscriber to several newspapers, it has been possible to follow virtually all the issues affecting our lives from several perspectives. Every Monday brings a big […]

FIX FOOD FIRST AND FAST OR FORGET IT

By Dele Sobowale The great Indian leader and liberator made that remark before he was assassinated in 1948 at a time when his country, now divided into at least three nations, suffered from food scarcity worse than Nigeria is experiencing now.  Certainly, it can also be said that there are millions of people in Nigeria today, […]

Budget 2025 political not economic document

Why Nigerian budgets often fail “Whatever a man prays for, he prays for a miracle; every prayer reduces itself to this; Great God, grant that twice two be not four.” Ivan Turgenev, 1818-1883 VANGUARD BOOK OF QUOTATIONS, VBQ p 198.  No Federal or, as far as I know, state budget since 1999 has been successfully implemented as […]

We must save Dangote Refinery at all costs

By Dele Sobowale “Our refinery has recorded 22 incidents of sabotage” — Dangote Nigerian history, since my return from the US in 1974, has always made me to thank God, that I not only read History as an elective subject as an undergraduate in the US; but, that the interest remains abiding. In fact, if I […]

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