Sobowale On Business

How Nigerian governments encourage corruption

How Nigerian governments encourage corruption

“NEITI audit report probe suffers setback in Senate.” VANGUARD, August 4, 2026 The report by Henry Umoru also stated as follows: • As CBN, NDDC, NEITI, NUPRC shun committee’s summon. • You must appear on Thursday or we invoke our powers – SENATE. The news report, which most readers might have dismissed without much thought (if […]
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TINUBU: FOOD IS THE FIRST PALLIATIVE — OR ELSE…

TINUBU: FOOD IS THE FIRST PALLIATIVE — OR ELSE…

“Love and business and family and religion and art and patriotism are nothing but shadows of words when a man is starving.” O Henry, 1862-1910. “Let them eat cake.” Queen Marie Antoinette, 1755-1793.

More heads of government, elected Presidents, Prime Ministers, Monarchs and, even dictators, have been toppled on account of unexpected and unprecedented food riots in many countries of the world.

President Tinubu: Beware of the backlash

President Tinubu: Beware of the backlash

The vocal elite are at it again. Every move by President Tinubu is hailed as the right thing to do — which will soon improve the economy. The last time any Nigerian leader tried to drag us into a market-led economy was when General Babangida introduced the Structural Adjustment Programme, SAP, in 1987; which was received with loud ovation — before the saboteurs went to work to wreck it. I have already published some of what happened. Some of the richest Nigerians today were among the worst saboteur

Nigeria Air: Sirika and unlimited executive lawlessness

Nigeria Air: Sirika and unlimited executive lawlessness

Mr Hadi Sirika, ex-Minister of  Aviation, in Buhari’s government, on Friday, May 26, 2023, demonstrated to the entire world why his appointment was a blunder and why the government he served was a colossal failure. In a desperate bid to leave a legacy of achievement, which had eluded him, in eight years in office, launched an airline he called Nigeria Air. The absurdity of the event could not escape anybody who has not lost his senses for several reasons. Only a few will be touched upon here – for posterity.

Nigeria Air: Sirika and unlimited executive lawlessness

Nigeria Air: Sirika and unlimited executive lawlessness

By Dele Sobowale “There are no desperate situations; only desperate men.” — Joseph Goebbels, 1897-1945. Mr Hadi Sirika, ex-Minister of Aviation, in Buhari’s government, on Friday, May 26, 2023, demonstrated to the entire world why his appointment was a blunder and why the government he served was a colossal failure. In a desperate bid to […]

Fuel subsidy and the Nigerian economic tragedy

Fuel subsidy and the Nigerian economic tragedy

Most Nigerians must have heard the opinion credited to a group recently — “Fix refineries before removing subsidies, group tells FG.” The speakers make what are, apparently, very persuasive arguments with which virtually everybody agrees. Unfortunately for us, what is apparent is not always real.

ARIK AIR: Arumeni-ikhide and executive lawlessness

ARIK AIR: Arumeni-ikhide and executive lawlessness

By Dele Sobowale “Court order: Arik Air bars Arumeni-Ikhide from accessing premises” – Report, April 12, 2023 Before going on, there is a need, once again, to declare that I have never met Mr. Johnson Arumeni-Ikhide, the Chairman/Founder of Arik Airlines or any member of his family. Like most regular flyers, since 1974, I have […]

How World Bank creates debt burden in Nigeria

How World Bank creates debt burden in Nigeria

By Dele Sobowale “$800 million at best is equivalent to about N360 billion and when you divide this by the targeted 10 million households, that amounts to approximately N36,000. What significant or tangible effect would this have on anyone, irrespective of status?” – Wale-Smatt Ojerinde, Director General, NECA The Nigeria Employers Consultative Association, NECA, DG […]

<strong>Caveat Emptor: Nigeria Air and airport concession</strong>

Caveat Emptor: Nigeria Air and airport concession

By Dele Sobowale “It is the buyer’s fault if he fails to ask if the horse is blind. — Anon. VANGUARD BOOK OF QUOTATIONS, VBQ, p 24. Executive lawlessness is as much a part of the Buhari administration as African time is endemic to Nigeria. When on Friday, March 24, 2023, a newspaper report announced that “FG […]

Caveat Emptor: Nigeria Air and airport concession

Caveat Emptor: Nigeria Air and airport concession

By Dele Sobowale “It is the buyer’s fault if he fails to ask if the horse is blind. — Anon. VANGUARD BOOK OF QUOTATIONS, VBQ, p 24. Executive lawlessness is as much a part of the Buhari administration as African time is endemic to Nigeria. When on Friday, March 24, 2023, a newspaper report announced […]