Sobowale On Business

FG alleviating poverty with propaganda, by Dele Sobowale

FG alleviating poverty with propaganda, by Dele Sobowale

“Economic policies should be assessed based on their impact on the welfare of citizens. Any economic policy that does not improve on the welfare of the people is inherently ineffective.” Emir of Kano,  Alhaji Muhammadu Sanusi II, July 16, 2026.  Tinubunomics, based on HRH Sanusi’s measure of economic policy effectiveness, has, so far, been a resounding failure […]
Visible Articles 5 10 15
CBN and the N8bn scam (1)

CBN and the N8bn scam (1)

If indeed money is the root of all evil; then the devil would have been an idiot, not the crafty fellow he is reputed to be, if he did not set up shop in every bank on earth. Where else is so much money on display every day?…

Attack on DISCOs  – Blaming victims of FG scam

Attack on DISCOs – Blaming victims of FG scam

America is sometimes called “Uncle Sam” or “God’s own country”. Perhaps Nigeria’s nickname should be “Fraud’s Own Country”. Literally hundreds of thousands of scams are perpetrated in this nation 24/7 as to make a reasonable man wonder if we have any other job – fake drugs, fake spare parts, fake drivers’ and vehicles’ licence, fake currency notes, illegal universities 9even medical schools), pirated Nollywood films, free bail for which the police demand money at all Police Stations, free medical while patients pay for blood, etc. Unbelievable as it is, governments are involved in an astonishing percentage of the scams.

Time for class action suit against NUC, CLE, NLC and JAMB (2)

Time for class action suit against NUC, CLE, NLC and JAMB (2)

JAMB lists it in its brochure without warning prospective lawyers of the status of the university. Then, totally avoidable disaster occurs. In the middle of the fourth year, the NUC asked the university to close down its law programme. Several hundred students suddenly find, to their horror, that they were never law students all along. Where does a Level-400 student start all over again? Would the university refund ALL the tuition, and other fees collected from the victims of what, in effect, was a grand scam?

How Federal Government robbed the states

How Federal Government robbed the states

Somebody should hang for this if it occurred in China or Yew’ Singapore. But, since this is Nigeria, somebody should at least change their boutique designer outfits for “prison designer collections”. The report revealed as follows: “The Federal Government withdrew the sum of N395bn in 2013 to fund subsidy on petroleum products, the Fiscal Responsibility Commission has said.

Another ‘Genius’ Fails Nigeria: Okonjo-Iweala (1)

Another ‘Genius’ Fails Nigeria: Okonjo-Iweala (1)

In one of her last face-saving measures, Dr Ngozi Okonjo-Iweala, the Coordinationg Minister for the Economy, CME, “directed the immediate termination of the partnership between the Subsidy Reinvestment and Empowerment Programme and Forcecom Networks Limited on the Graduate Internship Scheme.”