Sobowale On Business

Right again on 2026 budget

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 […]
Visible Articles 5 10 15
Unrealistic crude benchmark, exchange rate

Unrealistic crude benchmark, exchange rate

The report written by Sunday Aborisade exhibits the triumph of hope and self-delusion over reality and the verdicts of economic history and experience. Neither one of the two key foundations of our budget can, by any stretch of imagination, be considered reasonable – given global current situation and trends into 2015.

Is AMCON/Bi-Courtney case tainted  with malice and ethnicity? – 2

Is AMCON/Bi-Courtney case tainted with malice and ethnicity? – 2

Mr Olisa Agbakoba, SAN, is not a run-of-the mill lawyer. Even among Senior Advocates of Nigeria, SAN, he occupies the front rank. As a former President of the Nigerian Bar Association, NBA, he would be expected to stand, at all times, as a shinning example to others. So, when this story broke, my first reaction was shock.

From boom to gloom or doom–The story of oil -1

From boom to gloom or doom–The story of oil -1

Crude oil has always been a slippery stuff – good when under control; destructive when out of control. Crude oil is about to destroy the Nigerian economy faster then Boko Haram or even Ebola.

Missing $49.8b and missing organs in the Nigerian economy –3

Missing $49.8b and missing organs in the Nigerian economy –3

Lawyers, as a whole, constitute a pain in the wrong end of the body. As necessary evils, they are more evil than necessary. Priding themselves as “learned” people, all they do is to make laws so complicated as to turn the law into an ass. No other profession, known to man calls its products “an ass.”

Missing $49.8bn and missing organs in  the Nigerian economy – 2

Missing $49.8bn and missing organs in the Nigerian economy – 2

Sanusi Lamido Sanusi, former Governor Of Central Bank, CBN, was not only a professional banker, but a professional manager as well. As the Managing Director of the First Bank Plc, it would have been unthinkable of him to announce that a large amount of money was missing from the bank, given the dire consequences for the bank of that revelation, without being totally certain that it was true.