Why your bank might not pay dividends for years, by Dele Sobowale
Perhaps there is some truth in the statement that “when an old man dies, you lose a library”. At 82+ and 39 years writing on this page, I have been a media witness to four major banking upheavals – each occurring shortly after recapitalization was imposed by the Central Bank of Nigeria, CBN. Almost invariably, each […]
Why sustainable growth is difficult in Nigeria
The Central Bank of Nigeria, CBN, and Vanguard Newspapers, on February 26, 2021, organised another Economic Summit at the Eko Hotels and Suites – partly designed to find a way for Nigeria to attain sustainable growth. That has proved elusive so far; and with the restriction of things, much longer than.We are thinking to have any hopes of achieving it.
Exit from recession much ado about nothing
Nigeria’s GDP in the fourth quarter of 2020 grew by 0.11 per cent in real terms in the fourth quarter of 2020. this follows, if you will recall, two consecutive negative growth in the third quarter and second quarter of 2020, which saw the country going into recession.
ECONOMISTS TALKING TO FGN IN VAIN
Abandon hope, all those who intend to advise the Federal Government of Nigeria, FGN, regarding how to get the economy grow at a faster rate than what we have experienced since 2015. This Federal Government is not likely to listen. I weep for Nigeria. How do I know that?
Economic outlook for 2021 not good
As we get into the middle of the second month in the year, global economic and financial institutions are busy forecasting what the end result will be for all the nations of the world.
MORE THAN TWO TERMS REQUIRED TO UNDO CURRENT GOVT’S ROT
“Next President Will Spend Tenure Fixing rot created by Buhari.” Governor Nyesom Wike, February 3, 2021. By Dele Sobowale Late Prince Tony Momoh got me involved with Buhari’s campaign for President in 2010 when he was Chairman of the Congress for Progressive Change, CPC. A tireless writer, we met at Uncle Sam’s house – where […]
Promises that cannot be kept
Since this is the Business/Economy page, very little will be said about security. If after almost six years in office, in addition to one and eight months in 1984-5, Buhari has not learnt that security and good economy are inseparable, then he will never learn. Indeed, there is abundant evidence to prove that we have a leadership class in government which as a whole is incapable of learning anything new. The saying – “You can’t teach an old dog new tricks” – fits the All Progressives Congress, APC, government, as if it was written with them in mind. But, Buhari deserves some credit for making a statement which is half true.
No rural women, no food, famine certain
By Dele Sobowale “He gave it for his opinion that whoever could make two ears of corn or two blades of grass to grow upon a spot where only one grew before, would deserve better of mankind and do more essential service to his country than the whole race of politicians put together.” – Jonathan […]
How MACBAN, herdsmen and FG devastated poultry sector
By Dele Sobowale “We are depressed, very depressed. And anyone of us, of our age, who was not depressed, he was not well-born, because we have nothing to leave behind for our children, and violence will not sustain us…” – Chief Audu Ogbeh, Chairman, Arewa Consultative Forum, ACF. Ogbeh, former Minister of […]
I went below poverty line in 2020
By Dele Sobowale “…CBN must not give money to import food. Already about seven states are producing all the rice we need.” – President Buhari, December 2020 God knows I want Buhari to remain President until 2023 because, unsettling as that might be for some people, it is the best of all options before […]
I went below the poverty line in 2020
“…CBN must not give money to import food. Already about seven states are producing all the rice we need.” – President Buhari, December 2020 By Dele Sobowale God knows I want Buhari to remain President until 2023 because, unsettling as that might be for some people, it is the best of all options before us. […]
