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14
Jan
Celebrating an unusual Nigerian public servant
It has become a ritual of sort that every year, the Nigerian media traditionally celebrate persons adjudged to have distinguished themselves in their respective fields of endeavour or indeed, in their apparent dedication and commitment to their responsibilities as public servants. It is not unusual for international media houses to also celebrate such Nigerians. Indeed, in 2005, the Financial Times of London first celebrated Prof. Chukwuma Soludo as the best Central Bank Governor in the world. Surprisingly, not long after, the series of bank failures exposed the shallow depth of this award. Mallam Lamido Sanusi also got the same award soon after succeeding Soludo.
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14
Jan
THE NORTHERN GOVERNORS ARE RIGHT
The Nigerian System of Administration is inherently flawed, we implemented, we adopted the state system without caring for its implications and what it means for a nation state to be cut into smaller administrative states, this is amplified in Nigeria's case because it was necessary that we became states. Imagine 10 people
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07
Jan
Nigeria’s Wellbeing and Political Economy
The economy of 21st century will not be plausible to dissect and analyze in the absence of politics because both politics and economic activities are entwined and reinforced each another. This is where political economy of Nigeria becomes significant due to consequential co-existence of the two enmeshed entities. Political economy is at the epicenter of state capitalism, an interaction between free economics and government.
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07
Jan
Ifeanyi Ubah’s Capital Oil and AMCON: Renegotiate and Restructure Debt
Oil business be it distribution, trading or exploration is capital intensive that requires enhanced technical know -how and optimal efficiency in management. Without tactical and strategic planning and implementation, it becomes quite easy to go into debts. The problem of debts that was accumulated by Ifeanyi Ubah and its Capital Oil is an indicative of a management lapses that can be corrected when the parties involved sit down, sort things out and work together. With company’s reform, pragmatic orientation and sound management the financial climate will improve. But before that debt re-negotiation and restructure are the ways forward for Capital Oil and Asset Management Corporation (AMCON).
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07
Jan
My convoy is bigger than yours
Reports of the recent experience of Senator Chris Anyanwu, representing Owerri Senatorial District, in the hands of security aides of Imo State Governor, Rochas Okorocha, almost brought tears to my eyes. As the story goes, Mrs. Anyanwu’s convoy was travelling on the Owerri–Umuahia Road when they were come upon by a motorcade of the state governor. One thing led to another and soon heavily armed men from the governor’s team reportedly jumped down from their trucks and used some of the senator’s aides for a kick-boxing session while the governor watched with glee.
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