Showing posts with label Harold Macmillan. Show all posts
Showing posts with label Harold Macmillan. 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.” 

Friday, November 17, 2023

Masters Of The Game: Britain Plucks Cameron To Regain Balance

 By Owei Lakemfa

The British are known masters of diplomacy and politics. This is exemplified in the quote by its former Prime Minister Winston Churchill who said: “’Tact is the ability to tell someone to go to hell in such a way that they look forward to the trip.”

*Sunak and Cameron 

That was how Britain, an island in the North Atlantic Ocean ruled the waves and the world before its sun began to set from the injuries of the Second World War. Britain and its allies won that war, but it lost its position as the world power.