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 […]
DisCos’ operations as legalised scams on consumers, by Dele Sobowale
DISCO hiked my bill from N2.7m to N29m” — Lagos Deputy Gov. The report in a national newspaper of April 15, 2025, provided the best opportunity for all stakeholders to re-visit the matter of privatisation of electricity supply to Nigerian consumers. Put bluntly, Nigeria’s electricity Distribution Companies (DisCos) have become the greatest fraudsters in the […]
Access Bank on the right track
By Dele Sobowale “It is unthinkable that wisdom should ever be popular.”Johann Wolfgang von Goethe, 1749-1832. Access Bank Plc is perhaps the most innovative Nigerian bank in the last two years as the changes in the nation’s economic landscape have multiplied the uncertainties banks and other financial institutions face in the country today. It has diversified […]
FG, private refineries in mutual self-deception
By Dele Sobowale “The most obstinate illusions are ultimately broken by facts” – Trevor-Roper, 1914-2003 When Dangote Refinery, two weeks ago, announced that it would no longer sell fuel to marketers in naira; and, the Nigerian National Petroleum Corporation Limited, NNPCL, simultaneously pronounced the end of naira-for-crude arrangement, it was clear to some of us […]
CBN monetary policies working but…
By Dele Sobowale “It never rains roses; if you want more roses, you have to plant more roses.” George Elliot, 1819-1880. After several months of trial and error, the Central Bank of Nigeria, CBN, is finally on the right track. Exchange rate is stabilising; the gap between official and parallel market rates has been closed. For […]
Time for Nigeria to live without Aids
By Dele Sobowale “Ditch foreign aid or remain trapped”. Dr Ngozi Okonjo-Iweala, February 2025. The call to African states in general and Nigeria in particular, to stop relying on foreign aids could not have come at a more appropriate time. The return of Donald Trump as President of America can be likened to two natural disasters which […]
