Sobowale On Business

Atiku is right, subsidy removal needs revisiting – 2

Atiku is right, subsidy removal needs revisiting – 2

By Dele Sobowale Some called it lunacy; others were more polite in their condemnation of the idea of government reversing itself. Few did the rational thing when confronted with a proposal on a vital public interest. Most of Atiku’s traducers were political opponents; who were afraid that the idea might just be popular and could […]
Visible Articles 5 10 15
What has happened to 2024 budget?

What has happened to 2024 budget?

“Those who do not remember the past are condemned to repeat it.”  –  George Santayana, 1863-1952

President Tinubu reminds me of the man struggling with alligators in a swamp. He can be forgiven for forgetting that his first objective was to drain the swamp. His “friend” Atiku, had just added to his worries in life. Being accused of certificate forgery is very serious matter for any official. For a President, it is politically fatal. Trust is the most important attribute a leader can have. To lose that is to lose everything.

Nigeria needs Prof Ejeta for food security

Nigeria needs Prof Ejeta for food security

It was late at night; and sleep refused to come despite trying all the tricks known to me. As usual, I got up; opened my set to read some news of our world. Bored by the Israel-Hamas War report and the final selection of a Speaker for the US House of Representatives, I went in search of news which would be positive and uplifting. Suddenly, there it was. The story of Professor Gebisa Ejeta, a plant geneticist, teaching at Purdue University, USA, who was born in a poor village in Ethiopia; had a difficult childhood; trekked miles shoeless to school everyday, without breakfast and who overcame all those mind-boggling obstacles to become the person who can save Africans from mass starvation in the future.

Expected exchange rate after N1000/$

Expected exchange rate after N1000/$

When in late November last year, I was invited as a facilitator for a sales training workshop, the participants were startled when my lecture started with a graph. The graph traced the trend of exchange rate since 2020; it ended with a projection for 2023. I correctly predicted that exchange rate for 2023 would reach N1000/US$1. None of the participants believed me. I repeated it in VANGUARD early this year when currency change precipitated economic lockdown nationwide. So, just remember this; irrespective of how you feel about N1000/US$1: VANGUARD told you first.