Posts

Showing posts from August, 2023

India on my mind

Image
  For those who blame Nigeria's woes on colonialism, need I remind them that like Nigeria, Britain colonized India? India has a vibrant textile Industry. Nigerians go to India for medical

Tinubu, bad example is contagious

Image
  Tinubu is worried that coups are contagious. Bad examples are very contagious. Our electoral process has always been

John F Kennedy on my mind

Image
As I received News of a Coup in Gabon, 35th US President J ohn Fitzgerald Kennedy's words rang in

Lagos is no, Nigeria

Image
  Everyday is for the thief and one day for the owner of the house. In the Market place, the customer is king but

The plight of Retirees

Image
We all like Money but financial literacy is far from being common.  A bond is a borrowing instrument. It's life span is usually longer than a year. Some could even be for 30 years. Ever, imagine lending money to a richer man? That is what we do when we buy bonds from the Federal government, State Government or banks! My colleagues who retire from Lagos State Government under a much improved contributory pension scheme that should be as seamless as possible are made to wait for two years before getting their pension rolling. What they are told is that their bonds would nature in two years. Really? Without their consent, you buy bonds with their money? My questions are: is it as a Pension Fund Administrator or as Pension Fund Custodian? The PFA disburses while the PFC keeps the Funds. How retirees are made to wait for two years beggars belief! To me, it is wicked. I paid my children's school fees with interest from my Investment in Federal Government bonds: 2015 - 2020. My questi

Insecurity in Lagos

Image
  That rogue military men are spreading terror in Lagos State is a big cause for concern. Criminals abound everywhere because

The Petition against Dangote

Image
 Dangote is alleged to have violated the Forex laws of Nigeria. I am not surprised. There is a time tested saying that behind every great fortune, there is a crime. For those, who are surprised, I have News for you, but it is not Breaking News but a sad News. The sad News is that it is stale News. Ever wonder, why Dangote enjoys monopoly on many fronts? He is the private sector arm of the political class across party lines. Check out the ownership structure of the Dangote Refinery. There you will be shocked to see politicians across party lines with share holdings. That explains why, you cannot see Dangote in politics just like you cannot see Terry Waya in politics. They operate behind the scenes. Should anything come out of the petition against Dangote, you should know that the new sheriff in town wants to shake up things, do not ask me if it will be in his favour? But if you must know, read up available literature on the company called Alpha Beta. The son of MC Oluomo allegedly said,

The Wonders of NNPC

Image
  As an adult, my first experience of the wonders of NNPC, was when an acquaintance of mine was working with NNPC. This man had a Toyota panel van for a

More than Barring Asari

Image
  It has been reported that the likes of Asari Dokubo are no longer welcome at Aso rock. Obama had to cut ties with his Pastor

Anambra and the ban on the advertisement of Herbs

Image
  Public service is challenging for those who are desirous of serving. For charlatans it is a one way ticket to infamy. Professor Chukwuma Soludo is in the saddle in Anambra State. As a Professor of Economics, much is expected of him. The biggest challenge of the African today, is mental emancipation to release all our potentials. Colonialism deliberately relegated almost everything African to the background. After Independence, sadly, our leaders are behaving like substitute colonialists with Government Reserved Areas and other relics of colonialism. Before the colonial powers came, we had a life. Those who took over from the departing colonial masters are still trying to preserve that legacy. Truth be told, orthodox  Medicine does not have the answer to all ailments. Our governments should be promoting our medicine paripasu orthodox medicine. The ban by Anambra State Government on open advertisement of herbs is retrogressive and elitist. Professor Soludo should be promoting local ini

The Asari Dokubo, aberration

Image
  Asari Dokubo became popular in the days of the agitation of the Niger Deltans for resource control. Today, he is the Joseph enjoying the ✋

Niger: an eye opener

Image
It was Karl Marx, who said that, 'conflict is the vehicle of progress'. The coup in Niger, has triggered a

Fighting Niger

Image
Tinubu may think he understands the Hausa/ Fulani but for common sense, fighting Niger Republic would have been a big lesson for him. Before fighting Niger, we have to

My problem with subsidy!

Image
Subsidy is never supposed to be never ending. In Nigeria, it is never