You are here
Home > Sobowale On Business

Osinbajo on a needless jamboree

THE report quoted the Vice President’s spokesman, Senior Special Assistant on Media and Publicity, Mr Laolu Akande, as saying that “the roadshow is designed to showcase the continued improvement in Nigeria’s business environment to entrepreneurs, investors in American cities.” If you believe that you will believe anything. The Vice President of Nigeria is embarking on a needless jamboree. The only beneficiaries will be those collecting estacodes to go on that trip. The improvements in Nigeria business environment are purely figments of the VP’s imagination given what global economic and financial experts have to say about economic management under Buhari.
The post Osinbajo on a needless jamboree appeared first on Vanguard News. …

Who is minding the economy now?

EVER since he was appointed the Executive Director and Chief Executive Officer of the Export Promotion Council, Mr. Awolowo has been singing the same song. When it comes to sounding like a broken record, he is in good company. The Chief Executive Officer of Nigeria Plc, President Buhari never changes his tune anywhere he goes.
The post Who is minding the economy now? appeared first on Vanguard News. …

Deepening poverty and increasing unemployment mark Buhari’s third year in office

YOU don’t need me to tell you that the country about which the World Bank made that remark is Nigeria. While Buhari was in the White House being scolded like a retarded school boy by President Trump about his responsibilities to his people, the World Bank was confirming what every Nigerian already knew about the state of the economy.
The post Deepening poverty and increasing unemployment mark Buhari’s third year in office appeared first on Vanguard News. …

The 18 million mouth gap in Nigeria

The 18 million mouth gap in Nigeria

BUHARI’s obsession with becoming President, which was eventually  rewarded with success in 2015 on account of the efforts of people like me has taught me a lesson which I should have learnt earlier. When some one becomes fanatical about acquiring power people should beware. The result is almost always tragic. The test of honesty is money; the test of integrity is power. The Buhari we thought we knew was a fellow with utmost integrity who will neither condone corruption nor indiscipline. The Buhari we have is a President not only comfortable with corruption but one who has raised indiscipline to high rank. Allied to that is a government which apparently is run without regard to who the government is set up to serve.
The post The 18 million mouth gap in Nigeria appeared first on Vanguard News. …

Economic development impossible under APC

THIS is the season for second term seekers in Nigerian politics. What Nigerians should be asking each of them is one question: what did you do with the first term? A corollary to that question is: are Nigerians better off today than when you came in? Judged by the irrefutable evidence at our disposal, the ruling party, All Progressives Congress, APC, is a failure.
The post Economic development impossible under APC appeared first on Vanguard News. …

Poorer now richer in the long run

Poorer now richer in the long run

Alfred Marshall, the father of classical economics and the person who pointed out the principles of comparative advantage taught us what any professional economist must understand as his main contribution to society at large. Given the scarcity of resources, even in temporarily affluent nations like the USA, Qatar and Saudi Arabia, no nation has all the resources to do all that it needs to do, now and in the future.
The post Poorer now richer in the long run appeared first on Vanguard News. …

Govt admits fraud in SIP: Matters arising

ONE unpleasant truth has  recently blown up in the faces of President Buhari and Vice President Osinbajo. On May 29, 2015, President Buhari announced the Social Intervention Programme, SIP, which was called the most audacious attempt by any government in Nigeria to address the issues of poverty and joblessness.
The post Govt admits fraud in SIP: Matters arising appeared first on Vanguard News. …

Top