Sobowale On Business

Why akara and kulikuli trap always succeed

Why akara and kulikuli trap always succeed

By Dele Sobowale It is another election year; and suddenly, “free” money is being given at every convenient gathering. Givers, usually politically exposed individuals, call it empowerment; their paid megaphones in the media hail the altruism and, naturally expect widespread gratitude. Those of us, who have experienced this sort of grand deception before, know the truth […]
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Unemployment: The National Calamity And Paradoxes –1

Unemployment: The National Calamity And Paradoxes –1

“Government targets 10m jobs by 2011.”THE GUARDIAN, May 13, 2008. President Yar’Adua, May 12, 2008, at the Inter-Ministerial Retreat on the Harmonisation of National Economic Empowerment and Development Strategy (NEEDS) 2008-2011, at the Banquet Hall of the Presidential Villa, Abuja.

End of sure – 3

End of sure – 3

Allocations for SURE in the 2012 budget has again been slashed to less than N450 billion. Increasingly, it looks as if the clarifications made by Dr Reuben Abati, last week, might be unnecessary after all. With only N450 billion in the kitty to be distributed among the three tiers of government, it would appear that the Christopher Kolade Committee, a high-powered group, will have only about N240 billion to work with.

End of sure-1: Matters arising – 2

End of sure-1: Matters arising – 2

“At no time did President Goodluck Jonathan said that the Federal Government had abandoned the SURE programme. What he said in his opening remarks at the meeting last week was that the full implementation of government’s palliatives …was no longer feasible”.