Showing posts with label Johannesburg. Show all posts
Showing posts with label Johannesburg. Show all posts

Monday, August 25, 2025

The Pressure To Appear Rich In Harsh Economy

 By Timi Olubiyi

In Lagos, Nigeria, like other African cities, Johannesburg, Cairo, Nairobi among others the pressure to appear rich has reached disturbing heights. Amid a backdrop of rapid urbanisation and economic uncertainty, social media platforms have only intensified this pressure, making it feel as though success is synonymous with material wealth. From sleek cars on the streets of Lekki, Victoria Island, or Ikeja and flashy social media posts make it hard to ignore the overwhelming desire to flaunt wealth in Lagos Nigeria.

In recent time the extravagant parties and designer clothes, the pursuit of outwardly projecting affluence has become an obsession, leaving many trapped in a cycle of debt and despair. The unfortunate paradox here is that it’s difficult for a broke person to keep up the appearance of affluence for long, while a rich person, paradoxically, can play broke every day of the week without breaking a sweat.

Sunday, February 26, 2017

Before President Buhari Returns Home

By Dele Momodu
Fellow Nigerians, something major is happening in our dear beloved country and it is very positive. Every disappointment they say is a blessing. While we are very sad that our President, Muhammadu Buhari, has not been feeling too well for some time now and needs treatment and recuperation abroad, I now believe that God wants him to also have some time for sober and deep reflection. Someone asked me about two weeks ago, on Twitter if I have given up on the Buhari government? My answer was an emphatic NO! And the reason I gave was simple and straight-forward enough: I believe in miracles. 
 
*Buhari and Osinbajo
What has happened in Nigeria in the past few weeks, even days, can only be a testimony to that miracle I prophesised. When President Buhari left Nigeria he formally wrote to the Senate putting his Vice-President in charge as Acting President until he returns. That singular act which is merely a repetition of what was done during previous extended personal visits abroad by the President is salutary as it is stellar and itself heralded the transformation in this government that we are witnessing. It seems to me that President Buhari knew that his government needed some change in direction, some fillip, and in his infinite wisdom chose a subtle way to initiate that change without seeming to jettison his kitchen cabinet. 

When I flew out of Lagos to Johannesburg last Monday, February 20, 2017, a US dollar was selling for about 520 naira in the omnipotent black market. As at Thursday, it was selling at around 475 Naira. By yesterday, Friday 24 February 2017 the Naira was exchanging at about 460 Naira to the Dollar.  What a difference a week makes.  This remarkable resurgence of the Naira is coming on the heels of new policies and directives that the CBN has been mandated to put in place by the rejuvenated economic team that the Acting President is the driving force.

Not just that, I received a report from Senator Tokunbo Afikuyomi that the Acting President, Professor Yemi Osinbajo, paid an unscheduled visit to the Murtala Muhammed International Airport on Thursday, February 23, 2016, and caught the airport officials napping. My joy knew no bounds. Only last Saturday, I had complained bitterly about that unfortunate airport on this very page. 

In the past seven years, I must have written countless times about that that gory airport. It was one of the reasons I disliked President Jonathan’s government because it had done a wishy-washy renovation of the place and was celebrating it as if we can now compete with some of the best airports in Africa (note that I did not mention Dubai, Europe or America). I took pictures of dead escalators, comatose elevators, jet bridges in blatant darkness, leaking roofs, cranky conveyor belts, flooded and stinking toilets, murky basements, potential structural deficiencies from a disused underground car park and generally an airport in various stages of disrepair, dilapidation and decay. We did what we could to alert our leaders to the monumental disgrace at that airport.