Opinion

Stories of godfathers and godsons falling out in Nigerian politics are tales as old as Nigeria’s democratic time; there is no new angle to them. They all follow the same plot: a monied godfather sponsors a godson to political power; godson gets into power and resents being kept on a puppet string; godson triggers a showdown; both godfather and godson disgrace themselves in public until someone either gives or both exhaust themselves. The latest of such public dramas, between the immediate former governor of Rivers State, Nyesom Wike, and the stooge he thought he appointed to office, Siminalayi Fubara, has…
Nigeria is about to enter into a new phase in its history. Scarcity will soon become the word most commonly used by us starting from 2024. We already have scarcity of cash in banks, foreign exchange scarcity, rice scarcity and job scarcity is about to kick in with several multinational companies voting with their feet. Procter & Gamble, P&G, being the latest to shut its gates and send Nigerian hopes of rapid industrialisation crashing at the dawn of Renewed Hope. Unilever, formerly Lever Brothers Nigeria Limited, was the first company to establish large-scale manufacturing in Nigeria on April 11, 1923.…
When Francis Fukuyama published his famous 1989 essay, “The End of History?,” he captured the mood in many Western capitals at the time. Not everybody agreed with him that “the endpoint of mankind’s ideological evolution” had been reached, but few could deny the resonance of his message. In anticipating “an unabashed victory” for “economic and political liberalism,” he was channeling both the emerging policymaking consensus and what had already become the standard approach in much of academia. This late twentieth-century consensus rested on two distinct but synergistic pillars: political liberalism and economic liberalism. In the political domain, democratic institutions had…
From high-level policy debates and political manifestos to everyday news coverage, anxiety about economic growth is everywhere. In Germany, the government’s latest budget identifies stronger growth as a top priority. In India, national leaders are eager to reclaim their country’s place as the world’s fastest-growing economy. In China, where the prospect of deflation looms, the government is undoubtedly worried about hitting its 5% growth target for the year. In the United Kingdom, Keir Starmer, the leader of the opposition Labour Party, has vowed to secure the highest sustained growth in the G7 if given power, and the ruling Conservatives express…
If Nyesom Wike had read the character portrait of the Ijaw man as sketched by Percy Amoury Talbot, an early 20th century British historian and colonial administrator, he would most probably have thought twice before settling for Simnalaya Fubara as his third term placeholder. Wike was a two-term governor of Rivers State and today, Minister of the Federal Capital Territory. In his highly authoritative 1926 book, Peoples of Southern Nigeria: a Sketch of their History, Ethnology, and Languages, with an Abstract of the 1921 Census, Talbot reserved an unflattering description for the no-nonsense Ijaw race. Hear him at page 333,…
Sunday, 17 December 2023 04:39

Jesus Christ: Our everything - Taiwo Akinola

But we preach Christ crucified, unto the Jews a stumblingblock, and unto the Greeks foolishness; But unto them which are called, both Jews and Greeks, Christ the power of God, and the wisdom of God ~ 1Corinthians 1:23-24. Introduction In life, we all have to deal with the unexpected once in a while. See, it is one thing to boast of faith when all things are going great and wonderful, but it’s an entirely different ballgame when all vital indices are looking desperate, and one can only walk in the triumph of trust (Psalm 55:23). Remember Job! For as long…
Even though God is always justified in whatever He does, nevertheless, we must forgive God for whatever action He takes against us. It is in our best interests to do this. Jesus says: “Blessed is that man who is not offended because of Me.” (Matthew 11:6). A lot of the time, when we are angry with God, we do not acknowledge this to ourselves. But our actions express fulsomely our displeasure. We stop going to church. We stop reading the Bible. We stop walking in the spirit and thereby fulfil the lusts of the flesh. We stop praying and spending…
Friday, 15 December 2023 04:42

The trials of Nyesom Wike - Azu Ishiekwene

The only thing that trumps the mocking viral videos of the Minister of the Federal Capital Territory, Nyesom Wike, are the live footages of the State House of Assembly being demolished on Wednesday morning by a dozen bulldozers in what appeared like a scene from Gaza. Reporters were even warned to steer clear. It was no longer renovation as planned; it was a full-blown war zone. Happening on Wike’s 56th birthday, it was the most unlikely birthday present from the government of Siminalayi Fubara that he installed six months ago in Rivers, Nigeria’s richest South-South state. If there was any…
I take a bet. The judgement of God and of the people is nigh! Check your neighbourhood. For weeks, and in some cases, months, there is no electricity. But in your houses, you run your generator. Neighbours come around to charge their phones, rechargeable lamps and what have you in your compound. How do you tell them that you are not part of the oppressors? What about water? As early as 5 am, neighbours are already on the queue in front of your house to fetch water. They don't have the boldness to knock on your gate to wake you…
Ten years ago, Eugene Fama and Robert J. Shiller were awarded the Nobel Prize in Economics (together with Lars Peter Hansen) “for their empirical analysis of asset prices.” Fama and Shiller, however, hold diametrically opposing views on asset-price movements, from what drives the decisions of economic actors to whether markets are inherently efficient. Fifteen years after the global economic crisis, it is a disagreement worth revisiting. Fama is a member of the Chicago School of economics, both literally – he is a professor at the Booth School of Business – and intellectually. The Chicago School holds that economic actors are…
May 19, 2024

Insecurity, high energy costs shutting down manufacturing firms - MAN

The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has raised concerns that…
May 19, 2024

‘Nothing to it’: FG, Presidency dismiss Atiku, Obi’s proposed alliance against Tinubu in 2027 runs

The Federal Government has dismissed the proposed alliance between former Vice President Atiku Abubakar and…
May 14, 2024

These 3 phrases make you sound smarter and more emotionally intelligent, experts say

Sounding smart and emotionally intelligent isn't just about the idea you're trying to convey. How…
May 18, 2024

People are revealing the wild rumours that went around about ‘that one teacher’ in their…

Almost everyone can recall "that one teacher" from their school days who was involved in…
May 15, 2024

Bandits attack 50 communities in Zamfara, kill 49

Bello Hassan, a member of the House of Representatives representing Zurmi/Shinkafi Federal Constituency, reported on…
May 19, 2024

What to know after Day 815 of Russia-Ukraine war

WESTERN PERSPECTIVE Ukraine struggles to hold eastern front as Russians advance on cities For Ukrainian…
May 19, 2024

Scientists develop device that can detect when someone is sarcastic

Experts have developed a device that can detect when someone is sarcastic It works by…
April 30, 2024

Finidi George is new Head Coach for Super Eagles

Former Nigerian winger Finidi George has been appointed as the head coach of the national…

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