Signs that Nigeria’s aviation industry is in dire straits are in the threatened, but aborted, shutdown of flights by Airline Operators of Nigeria and the successful two-day warning strike by workers of some aviation industry trade unions. The concerned aviation unions comprise workers of the Nigerian Airspace Management Agency, Nigerian Civil Aviation Authority, Nigerian Meteorological…
Godwin Emefiele, Governor of the Central Bank of Nigeria, is, or was, doing something akin to the irresponsibility of Nero, who was fiddling while Rome was burning. He is, or was, clandestinely pursuing a presidential quest whilst shirking his responsibilities of managing Nigeria’s inflation, interest and foreign exchange rates. In a suit filed on his…
Nitrous oxide is sometimes referred to as laughing gas, not because it is capable of making people laugh, but because it can be used as a sedative, to eliminate pains that accompany dental and surgical procedures. It’s just the usual cheeky overstatement of scientists, fed by their flights of fancy. Nitrous oxide works on people…
Global Liveability Index 2021, compiled by the Intelligence Unit of The Economist magazine, says Lagos metropolis is among the top five worst cities to live in Africa. The report took the following into consideration: level of insecurity, crime and conflict; and quality of healthcare, the environment, education, water, housing, energy, telecommunications, roads and public transport…
President Olusegun Obasanjo and his Finance Minister and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, now Director-General of the World Trade Organisation, achieved a no mean feat when they were in government. Originally, Nigeria’s debt stock was only $10 billion, but Nigeria paid $35 billion spread over a period of 20 years as debt…
It’s going to take more than a yeoman’s concerted effort to solve the multiple, multi-sectoral, energy crisis currently being experienced in Nigeria. This is even without considering the effect of the ongoing Ukrainian-Russian War. As electricity supply continues to fluctuate, and the tariff rises, the supply of petrol, diesel, kerosene, gas, and aviation fuel significantly…
Members of Northern Nigerian political establishment, or the cabal, usually argue that they insist on holding on to political power at the centre for economic survival or existential reasons because the Southern elites have cornered commerce and the professions. They support this shameful argument with the allegation that the Indigenisation Decree of 1972, initiated by…
Someone thinks something is wrong for Governor Charles Soludo, a professor of economics and former Governor of Central Bank of Nigeria, to be asking Anambra State House of Assembly to give him the approval to obtain a loan for “the construction and refurbishment of key infrastructure in the state.” The skepticism may be a result…
Those who counsel Lagos State Governor, Babajide Sanwo-Olu, appear to have failed to appreciate the all-time wisdom of the first principle, whereby you deal with issues from the most foundational, to the next, and the next ad infinitum. Though the Yoruba approach it from the opposite end, by saying you should sort many trees that…
It serves President Muhammadu Buhari, Minister of State for Petroleum Resources Timipre Sylva, NNPC Group Managing Director, Mele Kyari, and everyone else involved in the launch of Nigeria National Petroleum Company Limited, right. The choice of song, “Fire on the Mountain,” the black – no, dark – mournful Darth Vader cloak she wore, and her…