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 […]
Access Bank on the right track
By Dele Sobowale “It is unthinkable that wisdom should ever be popular.”Johann Wolfgang von Goethe, 1749-1832. Access Bank Plc is perhaps the most innovative Nigerian bank in the last two years as the changes in the nation’s economic landscape have multiplied the uncertainties banks and other financial institutions face in the country today. It has diversified […]
FG, private refineries in mutual self-deception
By Dele Sobowale “The most obstinate illusions are ultimately broken by facts” – Trevor-Roper, 1914-2003 When Dangote Refinery, two weeks ago, announced that it would no longer sell fuel to marketers in naira; and, the Nigerian National Petroleum Corporation Limited, NNPCL, simultaneously pronounced the end of naira-for-crude arrangement, it was clear to some of us […]
CBN monetary policies working but…
By Dele Sobowale “It never rains roses; if you want more roses, you have to plant more roses.” George Elliot, 1819-1880. After several months of trial and error, the Central Bank of Nigeria, CBN, is finally on the right track. Exchange rate is stabilising; the gap between official and parallel market rates has been closed. For […]
Time for Nigeria to live without Aids
By Dele Sobowale “Ditch foreign aid or remain trapped”. Dr Ngozi Okonjo-Iweala, February 2025. The call to African states in general and Nigeria in particular, to stop relying on foreign aids could not have come at a more appropriate time. The return of Donald Trump as President of America can be likened to two natural disasters which […]
Why AMCON has become a problem
By Dele Sobowale “An institution is the lengthened shadow of one man”- Emerson, 1803-1882, VANGUARD BOOK OF QUOTATIONS, VBQ p 105 “Every great enterprise starts off with enthusiasm for an exalted aim; and ends up bogged down in petty politics” – Charles Peguy, 1873-1914, VBQ p 49 The Assets Management Corporation of Nigeria, AMCON, is one of […]
