EMELIFONWU PIUS BLOG

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

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

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

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...

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

 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 s...