Category: Economy

THE 18 MILLION MOUTH GAP IN NIGERIA.

“In every community, there is a class of people profoundly dangerous to the rest. I don’t mean criminals. For them [criminals] we have punitive sanctions. I mean the leaders. Invariably, the most dangerous people...

BUHARI’S LOST 18 MILLION NIGERIANS

BUHARI’S LOST 18 MILLION NIGERIANS

“Numbers can be deadly.” TIME MAGAZINE 1970s. President Buhari must have shocked some of his listeners in London last week when he said that Nigeria’s population is estimated at 180 million. The President of...

NIGERIAN ECONOMY STILL ON THE BRINK OF RECESSION

NIGERIAN ECONOMY STILL ON THE BRINK OF RECESSION

“Quantum Global Research Lab, an independent research arm of Quantum Global, has ranked Nigeria as the 14th most attractive economy for investments flowing into the African continent.” News Report, March 29, 2018.  Addressing the 6ti...

FG LYING ABOUT GROWTH AND DEVELOPMENT

FG LYING ABOUT GROWTH AND DEVELOPMENT

“Journalists say a thing they know isn’t true in the hope that if they keep on saying it long enough, it will be true.” Julien Benda, 1857-1952. The quotation which was most troublesome when...

WHEN WILL THE AGE OF AVIATION BEGIN IN NIGERIA – 2

WHEN WILL THE AGE OF AVIATION BEGIN IN NIGERIA – 2

“As a strategic weapon, time is the equivalent of money, productivity, quality or even innovation.” George Stalk, Jr.  Stalk should have added raw materials and infrastructure as well as knowledge to the list of...

WHEN WILL THE AGE OF AVIATION BEGIN IN NIGERIA?

WHEN WILL THE AGE OF AVIATION BEGIN IN NIGERIA?

“Against stupidity, the gods themselves struggle in vain.” Fredrick Von Schiller, 1759-1805. German philosopher.  The Dark Ages ended in Europe over three hundred years ago. Nigerian Historians of the future might eventually come to...

WHAT ON EARTH HAS BUHARI DONE WITH N9.61TN?

WHAT ON EARTH HAS BUHARI DONE WITH N9.61TN?

“Nigeria’s Debt hits N21.7tn” – DAILY INDEPENDENT. The terrifying news was released by the National Bureau of Statistics, NBS, last week. According to the NBS, the nation’s debt which stood at N12.12tn on June...

POORER NOW RICHER IN THE LONG RUN.

POORER NOW RICHER IN THE LONG RUN.

“The economist, like anyone else must concern himself with the ultimate aims of man.” Alfred Marshall, 1842-1924. Alfred Marshall, the father of classical economics and the person who pointed out the principles of comparative...

GOVT ADMITS FRAUD IN SIP: MATTERS ARISING – 2

GOVT ADMITS FRAUD IN SIP: MATTERS ARISING – 2

“It was beautiful and simple as all truly great swindles are.” O. Henry, 1862-1910, American Writer, IN THE HEART OF THE WEST O Henry was writing about how in several states of America public...