Showing posts with label Bismarck Rewane. Show all posts
Showing posts with label Bismarck Rewane. Show all posts

Friday, April 12, 2024

Tinubu’s Spending Spree Fuels CBN’s Aggressive Interventions

 By Olu Fasan

Bola Tinubu, Nigeria’s president, is gloating. The economy “is looking much better”, he says, and wants Nigerians to start rejoicing because their woes will soon be over. In his Easter message, Tinubu told Nigerians that “the seeds of patience, which they have sown, are beginning to sprout and will in no time bring forth an abundance of good fruits.” Abundance of good fruits?

*Tinubu, Shettima and their wives 

Would that mean huge falls in Nigeria’s unemployment and poverty rates, which are among the highest in the world? Harold Macmillan, former British prime minister, famously said: “The central aim of domestic policy must be to tackle unemployment and poverty.” Indeed, one of the core mandates of the US Federal Reserve, America’s central bank, is “to promote maximum employment.” 

Tuesday, February 13, 2024

Bola Tinubu Should Come Clean!

 By Nick Dazang

Unless drastic, coherent and proactive measures are taken, the chickens may soon be coming home to roost for the fledgling Bola Ahmed Tinubu administration. I state this with the highest sense of responsibility and advised by recent tragic events and ominous auguries.

*Tinubu

For the first time, and on his watch, we have thus far had a rash of peaceful demonstrations against hardship. Nigerians, in their numbers, protested in Kano, Minna and Suleija. It is noteworthy that even before he departed Lagos for Abuja, after the Christmas and New Year breaks, Lagosians shouted at his convoy that Nigerians were having a hard time.

Monday, April 3, 2023

Are Corps Members Year-Long Slaves?

 By Emmanuel Onwubiko

The current administration is populated by cabinet-level ministers that are not competent but were simply appointed on partisanship basis. Then, the sharing of the ministerial slots was marred by bribery scandals. Some who are now ministers allegedly paid heavy bribes to key members of the cabal in the Presidency to win a seat to represent their states in the Federal Executive Council.

The man Chris Ngige has become very notorious as the Minister of Labour and Productivity under whose watch due to crass incompetence, thousands of university students sat at home for almost a year due to industrial dispute between government and the Academic Staff Union of Universities (ASUU).
He also registered two other unions in the universities as a strategic approach to weakening the strength of ASUU.

Thursday, November 24, 2022

Buhari Women, Poverty And Budget Padding

 By Ikechukwu Amaechi

Two stories broke in the last one week that tend to amplify the fact that President Muhammadu Buhari’s goal of running Nigeria completely aground continues apace even as his administration, on the home stretch, and its vuvuzelas, continue to play the ostrich.

*Farouq and Buhari

First, the National Bureau of Statistics, NBS, disclosed on November 17, that 133 million Nigerians are multi-dimensionally poor. That represents about 63 per cent of the estimated population of about 218 million people.

Ordinarily, this information shouldn’t surprise anyone considering that Nigeria had adorned the infamous ‘World Poverty Capital’ badge since 2018. World Bank data had shown since 2016 that four in every ten Nigerians live below the poverty line of $1.9 per day. Two years later, the country was declared world’s poverty capital by the Brookings Institution, knocking off India from the inglorious perch.

Tuesday, September 6, 2022

Buhari’s Legacy And Tinubu’s Albatross

 By Shaka Momodu                                      

Fellow Nigerians, it is the season of politics and another election cycle is upon us. Candidates are presenting themselves to the electorate to be considered for various positions. But this cycle is looking more and more like 2015 when men and women, young and old, reasoned in reverse order. All efforts to make them see the danger and demagoguery that then-candidate Muhammadu Buhari represented proved futile. They were deaf to reason and blind to the red flags.  

*Buhari, Tinubu, Oluremi Tinubu

Today, we are all experiencing the consequences of electing incompetence dressed in borrowed robes as president. See the mess that Nigeria has become – a tragedy of monumental proportions. In just eight years, Buhari and his All Progressives Congress (APC) have turned Nigeria upside down, a land flowing with milk and honey, has been turned into a famished land. They say once bitten, twice shy, but strangely, many are at it again, eager to repeat their foolery.   

As I have consistently stated, Nigerians are incredibly smart people, with a history of foolish choices.  Is it not baffling that despite the   damage done to this country by the APC in nearly eight years of staggering misrule that is palpable even to the blind,  that some people still support it to remain in power, from top to the bottom of the social class?