Right again on 2026 budget
By Dele Sobowale Before commenting, it is vital to provide the reasons for another budgetary disaster – which has become emblematic of the way the Federal Government, under President Tinubu, is progressively ruining the nation’s future. After this failed budget, even the most die-hard apostle of the $1 trillion economy by 2030 must now see […]
National Assembly’s biggest joke in four years
It is just as well that over seventy per cent of the current representatives in the National Assembly will not be returning. This is probably the least productive legislative branch in the world today. Unproductive, that is, in anything which could be beneficial to the people of Nigeria. It might however be the front runner for mischief and idleness.
Nigeria without oil is now a reality
“Unsold Nigeria crude grows as buyer interest falls”. PUNCH, Thursday, April 9, 2015, p 41. The story by Femi Asu, went on to state that “Weak buying from Asia and other regular buyers of Nigerian crude oil has left a large overhang of March, April and May cargoes, it was learnt”.
Nasarawa State Budget as metaphor for unrealistic state budgets
The report by Umar Muhammed disclosed that “The budget which was christened the budget of “sustainability” would be funded with resources from the Federation Account, internally generated revenue [IGR] Value Added Tax, and SURE-P.” Commissioner Danazumi, for Local Government and Chieftaincy Affairs, who delivered the budget on behalf of ailing Governor Al-Makura, could be forgiven for not realizing that he had delivered the most unrealistic and unsustainable budget in the state’s history.
Battle of two truth benders: Soludo versus Okonjo-Iweala — 3
It was beautiful and simple as all truly great swindles are”, O’Henry, 1862-1910. (VANGUARD BOOK OF QUOTATIONS p239). Banking consolidation introduced by Professor Soludo, shortly after becoming Governor of the Central Bank of Nigeria, CBN, should actually be called Con-SOLUDO-tion.
ECOBANK: Victim of injustice — 2
The ordinary meaning of that clause would appear to have excluded the jurisdiction of any courts in any other country other than England. Why an African bank, with global stakeholders should select England for the resolution of disputes, controversies and claims between it and others need not delay us here. But, one can speculate that the integrity of British Courts must be one of the reasons. Indeed, the fact that an African Court, in any country on the continent, would entertain a case in which its jurisdiction had been specifically ousted should be an indication of the low regard disputants and litigants have for our Courts in Africa.
