FG and Umahi’s roads to hell
By Dele Sobowale Vanguard recently published pathetic pictures of the Benin-Sapele-Warri Expressway; and Punch revealed to us what happens to the Lagos-Calabar Expressway, not even 15 per cent completed, each time there is a heavy downpour in the Lekki peninsula. The road becomes so flooded, it becomes barely usable. Morning shows the day. If Tinubu-Umahi’s […]
Economic disadvantages of private air strips
By Dele Sobowale “History does not repeat itself; man does.” Barbara Tuchman, Harvard University Historian. The Minister of Aviation, Festus Keyamo, is adamant that the licence given to a private organisation/individual will not be revoked. In that statement, the Minister betrays ignorance four ways, historical, social, security and economic – as will be shortly explained. But, […]
Cash crunch: The way out
By Dele Sobowale Report, December 14, 2024. “Stop this cash crunch.” Daily Trust Editorial, December 16, 2024. “Recurrent cash scarcity is unacceptable.” PUNCH, December 16, 2024 “OPS fears SMEs’ collapse as cash scarcity lingers,” PUNCH same day. Cash crunch: The way out In the past one week alone, virtually every paper in Nigeria has joined the national […]
LAFARGE, UNILEVER AND THE RUSH TO EXIT
By Dele Sobowale “Nigeria is no longer a potentially big market for multinationals. It is now increasingly regarded as a poor and declining economy.” Nigerian businessman who recently returned from Europe. Lafarge, formerly West African Portland Cement, is one of the latest companies in Nigeria, whose core investors have thrown in the towel, after P&G […]
How refineries worked under Babangida
By Dele Sobowale “Liars ought to have good memories”. Algernon Sidney, 1622-1683 VANGUARD BOOK OF QUOTATIONS, VBQ p 127. Read online. Right now, the nation, and indeed the entire world, is still confused regarding the situation with the two Port Harcourt refineries. Suddenly, in the last ten days of November, the Nigerian National Petroleum Company Limited, NNPCL, announced […]
AGF, IGP, please call DISCOs to order; avert violence
“FCCPC warns Ikeja, Eko Discos to halt metre replacement amid compliance concerns — Report, November 14, 2024. The story went on to say that “The Federal Competition and Consumer Protection Commission (FCCPC) has issued a stern warning to Ikeja and Eko Electricity Distribution Companies (Discos) against plans to replace metres”. The FCCPC under Mr Tunji Bello […]
