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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Farming ends in Borno, national famine begins in earnest

Farming ends in Borno, national famine begins in earnest

By Dele Sobowale “Over 100 confirmed dead…” The news report brought back memories of my years in Haske Rice Mills, along Kalambina Road, Sokoto, next to Sokoto Cement then. We purchased paddy rice from all over Northern Nigeria, including Borno State. Most of the farmers, like others at the Bakolori Dam area in Zamfara and […]

Nigeria and her unending economic woes

Nigeria and her unending economic woes

“Nigeria suffers the worst economic recession in 36 years – W’Bank data.” By Dele Sobowale All the leading Nigerian newspapers conspired to ruin Sunday, November 22, 2020, for us and to start the week off by publishing what was in actual fact an economic disaster foretold. Economists working with reliable models knew at the end […]

Budget 2021 already amended as predicted

Budget 2021 already amended as predicted

It was meant to be a presentation before the Senate Committee on Foreign Debts. But, in reality, it turned out to be the first unofficial review of next year’s budget – which has not even been approved by the National Assembly, NASS.

SARS, Herdsmen: Economic terrorists with impunity

SARS, Herdsmen: Economic terrorists with impunity

By Dele Sobowale “Allow an intolerable economic situation to persist for too long and suddenly, there are no good solutions left.”  –  Arthur Burns, 1904-1987, Chairman US Federal Reserve Bank, 1970-78 Burns was Chairman of the Reserve Bank (the equivalent of Nigeria’s Central Bank Governor) under United States President Richard Nixon. He was in charge […]