Economy

an image of tinubu and ruto

Tinubu-Ruto Banter as Food for Thought

Africa, Economy /

“Kenyans may speak the best English (which I doubt), but the economic challenges they face, which Nigerian President Bola Ahmed Tinubu alluded to and drew the clap back, are real. The problems won’t be solved just because Kenyans speak in or mimic the late Queen Elizabeth’s mellifluous tone and accent. Ruto and Tinubu must brace for the messy, difficult task of fixing their countries’ economies, a task that is not a respecter of fine language”

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images of APC adc Atiku obi Tinubu elrufai trump in an orb

What You Might Expect in 2026: A Valedictory Edition

Africa, Economy, International Affairs, politics /

“From twice forecasting that former Vice President Atiku Abubakar would lose (2019 and 2023, he’ll lose again in 2027), months before the election, to predicting that at least five ministers would be fired in 2025 (seven were fired), nothing has given me greater pleasure than the Nostradamus-like thrill of watching a situation foretold unfolding”

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A pig with naira sign in his eyes and a fist full of naira notes

What Will They Eat When They Finish the Money?

Economy, politics /

We are also not told of the extent of scrutiny by the Senate committee – only that the committee was so impressed it may well have approved the N140 billion for three months blindfolded. But the details provided in the LEADERSHIP report of Friday, October 3, capture the elephant in the room. It gives details of the three-month budget, with an imprint all over of the type of concession typically made when parties are in an overwhelmingly delicate position behind closed doors

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an image of the Nigerian map with the book 'The Harold Smith Story'

How to Drink from a Poisoned Cup: Harold Smith and the Nigerian Story

Economy, History /

Okotie-Eboh, whose first appointment as Labour Minister was “like a child presented with the keys of a sweet shop,” sold government assets and pocketed the money without fear of a reprimand because he was as serviceable to British political interests as he was to his own. The British handed over the reins of power to a significant number of notorious politicians who, over the years, would make a fine art of notoriety

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Nigeria’s Top Oil Boss Walking into A Trap

Economy, politics /

Among beneficiaries of the squalid mess – who would also be pleased by another futile round of multi-billion dollar rehabilitation – is a contractor responsible for importing “blend” from Malta, from which the Port Harcourt Refinery produces something like petrol and diesel. This is the trap Ojulari is walking into as he contemplates keeping the refineries.

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a cartoonised image of Bayo Ojulari looking confused

What Happened In the Matter of Bayo Ojulari?

Economy, politics /

The problem with Haske is two-fold, each fold highlighting Ojulari’s naivety. Reports indicate that even though Haske’s company had had problems with NNPCL over some turnkey projects, it was to Haske that Ojulari turned to provide jets that flew the board and management for a retreat in Kigali, Rwanda. If there had been a lull in Haske’s business with NNPCL, Ojulari’s tenure has been something of a Haskean revival

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