Opinion

Until recently, there had been relatively little discussion of what the rapid growth of digital labor platforms meant for the nature of work and the employment relationship. But an important recent report provides answers to many questions – and raises several more that policymakers and regulators need to address. One of the most significant socioeconomic changes accelerated by Covid-19 must surely be the rise of digital labor platforms. Of course, platform-based employment had already been growing exponentially before the pandemic. But the combination of lockdowns and stay-at-home orders, and the consequent greater reliance on remote work, has dramatically increased both…
The fall of Chadian President Idris Deby on Monday to the bullets of rebels marked a frightening dimension not only to the instability of his poor country, but also insecurity in the countries of the Sahel including Nigeria. Deby had not even given an acceptance speech after his sixth election as president before he visited troops battling the rebels in the northern part of the country. He had made in the past similar appearances in the battlefield to boost the morale of the soldiers; but yesterday’s was to be his last as he died in battle. Not a few have…
Anniversary celebrations usually are occasions when the celebrant(s) spruce themselves up in their best attires, ornaments, adornments and all. The venue is white-washed and decorated to the hilt. Guests of honour, special guests of honour, distinguished guests of honour, royal fathers and mothers of the day, chief hosts and chief hostesses, special hosts and distinguished hosts, name it, are always on parade. There is also the chairperson and chairlady of the occasion, among many others VIPs. Sumptuous meals are usually on parade, cascading from the ordinary, the usual to the special dainties befitting only of kings and queens. Expect also…
We are facing an acute crisis of technological opportunity and access, owing to an invasive business model that has proven incapable of supporting equity and inclusion. The stakes are high, and the market won’t fix the problem. As massive online platforms have given rise to numerous virtual marketplaces, a gap has opened between the real and the digital economy. And by driving more people than ever online in search of goods, services, and employment, the coronavirus pandemic is widening it. The risk now is that a new digital industrial complex will hamper market efficiency by imposing rents on real-economy players…
Monday, 19 April 2021 05:51

Social capitalism - Edoardo Campanella

The role of social capital became obvious during the pandemic, which has fallen hardest on those countries and communities with the least amount of mutual trust and solidarity. With many of the crisis-era changes in working arrangements likely to persist, social connections will hold the key to future growth. The Covid-19 pandemic has damaged the stock of physical and human capital. Firms have postponed or canceled investment projects, and laid-off or furloughed workers’ skills have deteriorated. The crisis, however, has boosted the oft-overlooked variable of social capital, elevating its role as a key source of economic growth. Popularized in the…
To Kelegbemegbe FM Radio Station on the marshy outskirts of Okokomaiko where Mama Igosun was billed to clear the air on some pressing cultural matters. Owned by a feisty, no-nonsense ethnic supremacist, the station had become quite famous for its incendiary broadcasts and no-holds-barred interviews proclaiming the end of the Lugardian contraption. Earlier in the morning, one had been roused by the din of a truly historic commotion. Having polished off a huge bowl of corn pap with six outsize wraps of moin-moin, Mama demanded a proper breakfast of plantain porridge with wild vegetables and porcupine meat. Okon was so…
The write-up you are about to read was forwarded to me by a friend who now lives in the United States of America. We had been comrades at the then University of Ife (now Obafemi Awolowo University), Ile-Ife. Interestingly, the write-up is an investigative report by the Abuja-based Daily Trust newspaper and their object of interest - Ibadan, the capital of Oyo State. With little editing, my comments come after the write-up: “Strabag Precious Stone International market in Ibadan is a silent gold mine for many billionaires across West Africa; yet, (the Nigerian) government is being short-changed as they (the…
Did I promise President Olusegun Obasanjo that there would be a ‘rematch’? I cannot precisely remember. But here we were, about 20 years after; he having left the office of the President of Nigeria, with his home at the Presidential Villa, Abuja and I, having left the Tribune newspaper, whose platform had brought me to interview him. We had met in 2001 or so at the Villa for the monthly programme of the office of the President called Presidential Media Chat, beamed live by the Nigerian Television Authority (NTA). John Momoh of Channels Television anchored the interview. Aside from me,…
Fear thou not; for I am with thee: be not dismayed; for I am thy God: I will strengthen thee; yea, I will help thee; yea, I will uphold thee ..... (Isaiah 41:10). Introduction Times come in life when we find ourselves in situations of great fear, times of serious challenges and potent threats that bring uncommon confusion even to brave men and intrepid explorers. However, we must never allow fear to define our lives as some people do, who are so afraid to die that they never truly live. In reality, most times, fear is a thoughtless response to…
Paul says the hope the believer has in Christ Jesus does not disappoint. (Romans 5:5). In Jeremiah, God says: “I know the thoughts that I think toward you, says the LORD, thoughts of peace and not of evil, to give you a future and a hope.” (Jeremiah 29:11). But what precisely is the hope of the believer in Christ? Peter enjoins us that we should: “Always be prepared to give an answer to everyone who asks (us) to give the reason for the hope that (we) have.” (1 Peter 3:15). So, what is this hope that we have? If, according…
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9 banks haul in N14trn interest income as manufacturers, small businesses groan under high borrowing…

Nine major Nigerian banks recorded a combined interest income of N14.26tn in 2024, representing a…
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Tunde Bakare to Tinubu: ‘Stop playing God, embrace humility’

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How Easter transformed the world like nothing else ever could

Scott S. Powell Across cultures throughout human history, people have sought to flee oppression and…
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UFO: US Navy reports on mysterious aircraft launching from sea

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ISWAP claims responsibility for deadly attacks on soldiers, Christians in Northeast

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What to know after Day 1153 of Russia-Ukraine war

WESTERN PERSPECTIVE Putin says he is open to direct peace talks with Ukraine Russian President…
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Taking statins could slash dementia risk - even if you don't have high cholesterol -…

Taking statins could dramatically reduce the risk of dementia, even in those who already have…
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NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

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