Sobowale On Business

How Nigerian governments encourage corruption

How Nigerian governments encourage corruption

“NEITI audit report probe suffers setback in Senate.” VANGUARD, August 4, 2026 The report by Henry Umoru also stated as follows: • As CBN, NDDC, NEITI, NUPRC shun committee’s summon. • You must appear on Thursday or we invoke our powers – SENATE. The news report, which most readers might have dismissed without much thought (if […]
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Cashless Nigeria or confused CBN?

Cashless Nigeria or confused CBN?

Nigeria lags behind all the countries – South Korea, Malaysia, Thailand, Indonesia, to mention a few – which were either at the same level of development or were even behind us in 1960 mostly because we never learn from our mistakes. Every twenty or so years, we are faced with a major shift in economic policies based on new global realities or technology and we end up messing up the transition – at our own peril

Aviation ministry and the mess Oduah left behind

Aviation ministry and the mess Oduah left behind

Last year, on my SUNDAY VANGUARD page, I had published an article titled AVIATION MINISTER: TIME TO GO. Prior to that, I had also carpeted the former minister for incompetence – among other failures. The first article received a rejoinder from her Senior Personal Assistant, Mr Joel Obi. As usual, Joel Obi, disregarded the point of the article and went on to do what spokespersons for government officials do best – present half truths and outright falsehood as facts. I allowed Obi to expose himself and the Minister on my page because there was no doubt in my mind that truth will prevail. I knew that Ms Oduah would never last the distance as minister and that she would be out of office soon.

Thank you Nissan; but will history repeat itself?  (3)

Thank you Nissan; but will history repeat itself? (3)

Part two of this series touched on the critical role of the price of crude oil in the success, or otherwise, of the NISSAN Assembly plant – as well as others about to start up again. It is vital to point out that the price of crude might not be the only variable which can have a significant impact on the survival of the assembly plants.

Thank you Nissan; but will history repeat itself? (2)

Thank you Nissan; but will history repeat itself? (2)

Last week this article ended with the plunge in the price of crude oil from $28 in 1982 to N9.95 during Babangida’s regime 1895-1993. At Kuru, IBB explained how we got into the mess which would later bring an end to our attempt at car manufacturing. Nissan had re-started the journey. Will history repeat itself?

Thank you Nissan; but will history repeat itself? (1)

Thank you Nissan; but will history repeat itself? (1)

Edward Gibbon, perhaps the greatest historian the world has ever known left us with the great epic THE RISE AND FALL OF THE ROMAN EMPIRE. So, he is as qualified as anybody to summarise for us what history is all about. His comments about register of follies, if taken with another view of history, which says history repeats itself, will help us to understand where Nigeria stands today with respect to automobiles assembled in Nigeria.