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Open letter to President Jonathan: Roof is about to cave in on economy.

Your Excellency, Mr.President, it does not matter anymore who wins the 20I5 elections. Nigeria at that time will need a leader who can manage widespread poverty at the Federal level and state governors, unlike the wastrels we now have, running the show. By 2015, Nigeria’s crude oil exports and earnings will be far less than what we realize now.

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Apologies to NBS and Dr Kale

The media, including me, made a terrible mistake a few weeks ago. It all started from a story in the PUNCH newspaper of April 5, 2013, by one Friday Olokor, titled “Only 27.2% of Nigerians’ll be poor by 2015 –NBS.” The title was totally misleading and other commentators, apart from me, reacted to what, we knew, was a fallacious statement. As it turned out, the Chief Executive of the National Bureau of Statistics, Dr. Yemi Kale, had already sent a correction to media houses in Abuja. Our copy at Vanguard had not reached Lagos by the time I wrote. That was the source of the error on my part.

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The floods next time

The floods, which devastated many parts of Nigeria in 2012, should not have caught us by surprise – but they did. For more than a generation, scientists have been warning a deaf world and its leaders about the imminent catastrophe which would follow relentless global warming as mankind heats up his own “home” – the earth. Furthermore, we knew for centuries that the year starts in January and moves inexorably to December.

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PIB 2: A tale of two mobs – 2

The first part of this series ended last week with the observation that the singular leadership provided by former Governor Victor Attah gave the oil producing states the economic power they now enjoy. If they want to extent that triumph or even consolidate the gains made on account of the fight for Resource Control, they need another leader to fight for PIB 2 – not Jonathan who is too involved in 2015 to fight for anything else. Read on.

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Declining economic growth: Who is minding the store? – 1

The National Bureau of Statistics, NBS, one of the most efficient and least appreciated parastatals, in the country today, recently disclosed that “overall growth in real GDP in 2012 was 6.61 per cent, which is a decline from the 7.43 per cent recorded in 2011”. There are several inferences to be drawn from that statement alone. But, only two will be addressed here.

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