Right again on 2026 budget
By Dele Sobowale Before commenting, it is vital to provide the reasons for another budgetary disaster – which has become emblematic of the way the Federal Government, under President Tinubu, is progressively ruining the nation’s future. After this failed budget, even the most die-hard apostle of the $1 trillion economy by 2030 must now see […]
NBS presents Q2’21 set-back as success
By Dele Sobowale “GDP rises 5% YoY; declines 0.80% QoQ” — News Report “There are three kinds of lies: lies, damned lies and statistics.” — Mark Twain, 1835-1910, Vanguard Book of Quotations (VBQ) p130 On August 26, 2021, the National Bureau of Statistics, NBS, served fellow Nigerians its own brand of statistics. It was the truth, deliberately […]
VAT WAR: Pyrrhic victory for states– 2
By Dele Sobowale If the position of Rivers State Government is sustained and replicated by other states, it will increase the cost and time required for compliance by businesses; in addition to the complexity of administering (Value Added Tax) VAT at the sub-national level such as treatment of international and inter-state transactions.” – Institute of Chartered […]
VAT WAR: PYRRHIC victory for states — 1
By Dele Sobowale “In this world, nothing can be said to be certain, except death and taxes.” Benjamin Franklin, 1706-1790, VANGUARD BOOK OF QUOTATIONS, p 241 Irrespective of what it is called — levies, rates, duty, surcharges, fees etc —everybody pays taxes, directly or indirectly, in one form or another. Since taxes involve money taken by […]
TINA: Food and water beyond propaganda
By Dele Sobowale “We’ve lost 50% of production to insecurity, farmers lament” – News Report. July 22, 2021. There is no alternative, TINA, was the regular acronym of those promoting the Structural Adjustment Programme, SAP, during the Babangida regime. It was the way technocrats’ (as the promoters were then called) were telling Nigerians that given […]
Essential commodities are back
“History does not repeat itself; man does.” — Prof Barbara Tuchmann, Harvard University, USA By Dele Sobowale One man, who is currently repeating himself, to the sorrow of Fellow Nigerians, is President Mohammadu Buhari. History has already recorded that as Military Head of State from 1984 to August 1985, he led Nigeria to the first economic […]
