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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The CBN is powerless to correct economic problems

The CBN is powerless to correct economic problems

By Dele Sobowale “Allow an untenable situation to go on for too long; and suddenly, there are no good options left.” Arthur Burns, 1904-1987, Chairman US Federal Reserve Bank from 1970-1978. For some of our readers, it is necessary to point out that the US Federal Reserve Bank is the Central bank of the United States; […]

Every Christian must read this

Every Christian must read this

By Dele Sobowale “A presidential aspirant of the All Progressives Congress, APC, Asiwaju Bola Tinubu, has charged Supreme Council for Sharia in the country to create a department of political affairs to create political awareness among the faithful towards producing a Muslim President in 2023” – News Report, March 20, 2022. The address, delivered on […]

The sad truth about power sector under Buhari

The sad truth about power sector under Buhari

“Generation plummets to 1,393MW”.  The report went on to state that “Checks by VANGUARD showed that, as at 5pm yesterday, national grid supply was just 1,393 megawatts with only nine plants generating to the grid.” This is happening almost seven years after Buhari pronounced 4,000MW “unacceptable”.

Nigeria is losing future competitive advantage

Nigeria is losing future competitive advantage

By Dele Sobowale “Nigeria drops to 14 as Egypt tops Africa’s investment destinations”   News Report, December 5, 2021. Very few variables determine national economic competitive advantage. One of them  is  Foreign Direct Investment, FDI. In every continent, but Africa, the country with the largest population and one of the largest Gross Domestic Product, GDP, invariably […]

Tear up the 2022 Budget, start praying

Tear up the 2022 Budget, start praying

By Dele Sobowale “As a people normally gets the government it deserves, so a society normally receives the punishment it asks for.” — Robert Audrey, in Social Contract All at once, we seem to be suffering from a plague of sorts in Nigeria. One is destroying our cars and pockets with adulterated fuel. The other, […]