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What to expect from the 2019 budget

TWO  wrongs never make a right – whether in politics or in private relationships. President Muhammadu Buhari of Nigeria placed the 2019 Budget before the National Assembly, NASS, in late December, approximately three months behind schedule and then had the gall to ask the lawmakers to pass the budget in the national interest. That is bad leadership. A good leader builds with both hands; a bad leader who gives good advice but provides bad example builds with one hand and destroys with the other. When it comes to annual budgets, Buhari has spent the last three and a half years constructing with one hand and demolishing the edifice with the other.

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Danger ahead as economy is now on auto pilot

HORACE, 65-8 BC. VANGUARD BOOK OF QUOTATIONS, VBQ, p 61. That the people perish for lack of good leadership has been one of the abiding verdicts of history. The Nigerian situation today is proving Horace right. In the last three months, I have found myself in several states, east, north, south and west – Sokoto, Kebbi, Zamfara, Kogi, Abia, Akwa Ibom, Kaduna, Niger, Ed,. Imo, Kwara, Oyo, Ogun, and of course Lagos. There is a common thread linking all of us in this country today.

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Certainty of increasing poverty under Buhari

Ageing Robert Mugabe exhibiting the senility and imbecilities of some old people stubbornly refused to leave office even after 80 as his country headed into economic abyss and destruction. Eventually, the people who hitherto had allowed him to have his way had enough. He is now spending the rest of his days in quiet obscurity. That is a typical African leader for you. They don’t care if the nation is in ruins as long as they cling to power at all costs.

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Budget 2019 dead before arrival

Good day Uncle Dele. This is the first week of December. The 2019 Budget is yet to get to the NASS. They would soon proceed on Xmas holidays. It’s not even known when it would be presented! 2019 is election year. Most of them would be involved. Who are the policy makers of this administration? What is in their brains? Saw dust? When and how did we offend them? Is this still being caused by GEJ and PDP? Who did we offend in this country Uncle?”

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Two versions of salad bowl of illusions on offer as economic policies

THE two presidential candidates wasted no time releasing their proposals for governance once the Independent National Electoral Commission, INEC, flagged off the campaigns for the 2019 elections. Both documents were packed full with the multitude of promises for which elections worldwide are known. Most of them will be addressed as we proceed with the campaigns. On this page, however, only the economic policies and their impact on society will be discussed.

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Two versions of salad bowl of illusions on offer as economic policies

THE two presidential candidates wasted no time releasing their proposals for governance once the Independent National Electoral Commission, INEC, flagged off the campaigns for the 2019 elections. Both documents were packed full with the multitude of promises for which elections worldwide are known. Most of them will be addressed as we proceed with the campaigns. On this page, however, only the economic policies and their impact on society will be discussed.

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recession

Recession knocks at the door; fg ignores it.

In the early 1970s, long before I ever thought that I would become a columnist, one of my co-tenants was a writer for the BOSTON GLOBE – the largest selling paper in the Northeast states of America. He read Economics and I used to wonder how he could forecast economic changes long before they occurred. One day out of curiosity, I asked him how he did it. He then showed me a computer-based model which he uses for economic predictions. Fascinated, I asked him to teach me the method. He was too happy to oblige me. Since then, I have made refinements to the model he left with me. Now, I have my own.

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