Showing posts with label Beta Edu. Show all posts
Showing posts with label Beta Edu. Show all posts

Friday, October 25, 2024

Tinubu’s Cabinet Rejig As Red Herring

 By Adekunle Adekoya

My fellow countrymen and women are incurable optimists. As the grind got harder and life became more brutish and nasty as a result of the economic policies the president chose to adopt and implement, most Nigerians continued to look at the brighter side of life, praying and hoping that things will get better.

*Tinubu
In the hope that things will get better, many started calling on the president to reshuffle his cabinet. To those making the calls, inactive ministers are somewhat responsible for the short end of the stick that government policies handed them.

Monday, February 26, 2024

Silence In The East

 By Obi Nwakanma

A terrible time has fallen on Nigeria. There is no hiding it. Hunger is not just rampant; it is now an epidemic. There is a food crisis, and it is inevitably leading towards massive national food riots. However, a few weeks ago, a minister in the current government said that there was no scarcity of food in Nigeria. 

Well, I’m not quite certain about this minister, since most of Tinubu’s cabinet is made up of second rate, mediocre, provincial types – but elementary economics theory of scarcity connects with a price theory which is determined by the dynamics of supply and demand. Equilibrium occurs when the rise in supply meets the rise in demand. But disequilibrium happens too. This, when the demand for the resource outstrips the supply, and it leads both to exclusion, and to scarcity.