Sobowale On Business

Don’t be fooled, states are not richer

Don’t be fooled, states are not richer

By Dele Sobowale Most Nigerians are being fooled right now, as they often are, by the Federal Government; with regard to the monthly allocations to states. Unfortunately, because the hands of many of the State Governors are not clean, they are allowing the FG to blame them unjustly for overall poor performance. Granted, there are a […]
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Where in Nigeria is cassava bread?

Where in Nigeria is cassava bread?

Even a fool, in Nigeria,now knows that the last thing anyone should believe is anything announced by the Federal Government of Nigeria, its Ministers, agencies and especially the President’s Special Advisers on Media and Publicity. When Abati or Okupe appear on television, people switch to other channels.

Declining economic growth: Who is minding the store? – 1

Declining economic growth: Who is minding the store? – 1

The National Bureau of Statistics, NBS, one of the most efficient and least appreciated parastatals, in the country today, recently disclosed that “overall growth in real GDP in 2012 was 6.61 per cent, which is a decline from the 7.43 per cent recorded in 2011”. There are several inferences to be drawn from that statement alone. But, only two will be addressed here.

Who wants Wale Babalakin dead? – 2

Who wants Wale Babalakin dead? – 2

This is developing to be a serious case of persecution of a Yoruba businessman by the Federal Government. Bi-Courtney had sued the Federal government for breach of contract and had been vindicated by the courts, both at the High Court and the Court of Appeal.

Who wants Wale Babalakin “Dead”?

Who wants Wale Babalakin “Dead”?

“The Asset Management Corporation of Nigeria is set to take possession of properties belonging to the Chairman, Bi-Courtney Group of Companies, Dr Wale Babalakin, over a N13.4bn debt…But, for “clerical errors”, one of the properties in Lagos would have been taken over on Friday”. PUNCH, Monday, February 11, 2013, p 30.

Governments move from lying about jobs to robbing job seekers

Governments move from lying about jobs to robbing job seekers

The easiest racket to run in Nigeria today concerns job vacancies. Either by posters, or through adverts in newspapers or by word of mouth, scammers smile all the way to the bank offering jobs that oftentimes don’t even exist. Governments and their agencies account now for the lion’s share of this growing and lucrative crime.