Namesake Olamilekan Adeola of Lagos West Senatorial district, who is now looking to snag the Ogun West Senatorial district seat from Senator Tolulope Odebiyi, needs to be reminded of a quip by author Chinua Achebe, “Those whose palm-kernels were cracked by a benevolent spirit should not forget to be humble.” If he has enjoyed the…
Prof Usman Yusuf, Secretary to the hitherto unknown Chief of Defence Staff Action Committee, led by retired Major General Usman Abdulkadir, brought some unbelievable good news the other day. Even if he is Prof Yusuf who used to follow human GPRS, medical doctor and former Army captain, Sheikh Ahmad Gumi, to the “Forest of a…
Those who say that the government must get out of the way of business may not be correct after all. America, the bastion of a free market economy, that insists that only business must do business, is actually guilty of being the handmaiden of business. Uncle Sam is the biggest promoter of commerce in the…
Inspired by his posturing that he doesn’t want petrol subsidy to go beyond mid-2023, everything points to President Muhammadu Buhari setting a booby-trap for his successor. He will be passing to his successor a N20.51 trillion 2023 budget with N10.78 trillion, or an entire half, as deficit, and a staggering subsidy portfolio of N3.46 trillion….
Many officers of the Nigeria Police Force obtain bribes from their compatriots as a matter of course. Some people even claim that the bribetaking phenomenon runs bottom-up in the system, like a pyramid of sorts. This suggests that the trickle of sometimes lower denominations of the naira that commuter bus drivers and conductors routinely drop…
Two friends, who do not know each other, wanted to know what this column thought of the faceoff between the Kogi State Government and the Dangote Industries Limited over the cement works sitting on vast Obajana limestone. First off: Because nine of the 10 members of the Technical Committee on Evaluation of the Legality of…
In his poem, “The Rime of the Ancient Mariner,” Samuel Taylor Coleridge wrote the lines, ‘Water, water everywhere and not a drop to drink’, about the plight of the hero, marooned mid-sea, surrounded by so much seawater that is not suitable for drinking. Though Coleridge wrote his poem as a metaphor for those who sometimes…
Emeka Duru, a columnist with online newspaper, “The Niche,” suggested that presidential candidates for the 2023 general elections should be talking to the Nigerian voters, telling them what they’d do differently to correct past errors (of the political elite). It’s funny, but social media appears to be dominating the politicking and electioneering campaigns of presidential…
Ever wondered why Nigeria’s military rulers, their civil servant collaborators, and the neo-colonial Western powers, brought down the commodities marketing boards that accumulated hard currency after trading cash crops on behalf of farmers with the metropolitan economies? The policy compromised the capacity of the Nigerian economy to accumulate enough foreign currency to finance its import-oriented…
Tope Fasua, banker, development economist and former presidential candidate of Africa Renewal Party, thinks the Central Bank of Nigeria should have changed the Naira a long time ago, as other countries, like Ethiopia and Great Britain, had always done. But Ayo Teriba, an economist, CEO of Economics Associates and sometimes economic policy adviser to the…