Category: Opinions
Understanding the impact of culture in the Nation
26 Dec 2024
Culture is what makes nations strong. Culture is not fashion or music and dancing. Culture consists in the values that we hold dear and that translate into the way we relate with one another and manage our affairs. National culture is the blood that flows in the veins of national institutions to lead to sustained […]
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The connection between fuel price and value of naira
24 Dec 2024
There have been debate on this forex debacle for years and showing the connection between fuel price and the value of the Naira. Every increase in fuel price is followed by a greater fall of the Naira, calling for more subsidy payment and another increase “to remove subsidy”. It’s been a vicious cycle since the […]
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Increasing pump price of fuel is not removing subsidy
24 Dec 2024
Let me say it for the umpteenth time. Increasing the pump price of fuel is not removing subsidy. It is increasing tax on petrol. Only full deregulation amounts to subsidy removal. Full deregulation would mean that the Govt would take its hands off the supply of fuel to the pump. Anyone willing and able either […]
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What is needed for stability in the exchange rate
20 Dec 2024
The Naira has continued its upward swing against the Dollar. The danger in what is going on is that no one knows, except, perhaps, the CBN, what exactly is going on. Volatility is never good for money and the economy. Whoever is dancing yo-yo with the Naira is causing more damage than they can imagine. […]
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Investing in Nigeria Economy
20 Dec 2024
It is said that a low rate for the national currency will attract more forex as those abroad seek to maximize their advantage to get more value in Naira for their money. That ordinarily should attract more foreign investment. The flip side is that after production, you have to sell in Naira, except you produce […]
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My own rules of engagement for protests
19 Dec 2024
1. Protest is a civil right that is higher than all other rights because other rights depend upon it for effectiveness. 2. Protest is an exercise of the sovereignty which is declared as inherent in the people at section 14(2)(a) of the Constitution. When Government loses the authority of the people to govern either generally […]
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Environmental Impact Assessment, banning Spraying of Naira is a misplaced priority
17 Dec 2024
Environmental Impact Assessment is not done in secret. It is not a matter of a document that the Ministry of Environment has issued. It must involve the public. The report must be published and tabled before the public so that concerned people may make objections to it. Thereafter, a Council is set up to consider […]
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Victim of Ourselves
17 Dec 2024
What we need is not to retreat but to work harder. The people who planned coups and leveraged themselves to power and then fought a war successfully to cement their hold on power could successfully marginalize you for obvious reasons of protecting their gains. Would you also become a victim of their children under a […]
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A Nation of Rats
16 Dec 2024
Some people performed an experiment with rats. They put some rats in a cage and made sure that they consistently had an abundance of food and water. They called it the rats’ paradise. Initially, the rats continued to hustle for the food and water. When they realized that feeding was no longer an issue, they […]
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