Opinion

“Major portions of the world are in conflict and some, in fact, are going to hell,” President Trump said two years ago in a speech before the United Nations. Most things the president says are controversial, but the only disagreement most Americans across the political spectrum might have had with this statement was his use of “some.” As a rule, we tend to believe — mistakenly — that the world is getting worse. There is a natural human bias toward bad news. The title of a 1998 article in the Journal of Personality and Social Psychology sums it up: “Negative…
Saturday, 07 December 2019 05:06

Time to do something different - Dare Babarinsa

It is almost normal now to take the television for granted. Yet when we were young, everyone appreciated the magic of the television. In recent months, old veterans have been drumming it to our ears that 2019 marked the 60th years of television in Nigeria and Africa. When Mr Obafemi Awolowo commissioned the Western Nigerian Television in 1959, it was the first time the magic box would beam on the African continent. Mrs Anike Agbaje-Williams became the first person to appear on television. Mr Kunle Olasope, who died in October 2019, became the first man on television. Thus it became…
Even in a world of polarisation, fake news and social media, some beliefs remain universal, and central to today’s politics. None is more influential than the idea that inequality has risen in the rich world. People read about it in newspapers, hear about it from their politicians and feel it in their daily lives. This belief motivates populists, who say selfish metropolitan elites have pulled the ladder of opportunity away from ordinary people. It has given succour to the left, who propose ever more radical ways to redistribute wealth. And it has caused alarm among business people, many of whom…
Nigeria’s 2019 elections, particularly the recent governorship contests in Kogi and Bayelsa states, have forcefully brought back a prediction which the late Tai Solarin made about 40 years ago in the aftermath of the 1979 elections. Of course, recalling this prediction is also recalling my response to it at the time. I was then 33. It is appropriate to begin any story I might wish to tell here by introducing Tai Solarin to young Nigerians who were not born when the prediction was made. This set of Nigerians now constitutes the majority of the Nigerian population. Tai Solarin was a…
Akure is the Ondo state capital. The panegyric of the people runs thus: Akure l’omi meji/O p’ejeji l’Ala/ Ala se bi ere bi ere/Ala d’omi ebo. Translated: Akure has two rivers/It named both Ala/Like play, like play/Ala became rivers you must worship. In those days, human beings were offered as sacrifice to the gods. So, Akure might have sacrificed two human beings to its two Ala every year. That was double jeopardy. What could have been responsible: Carelessness, carefree attitude or lack of deep thought and reflection? Akure indigenes to the rescue, please! It could also mean that Akure did…
Wednesday, 04 December 2019 05:48

The billionaire problem - Simon Johnson

Writing in the 1830s, as the Industrial Revolution gathered pace, Honoré de Balzac anticipated the broader social concern: “The secret of great fortunes without apparent cause is a crime that has been forgotten, because it was properly carried out.” But today's billionaires make forgetting impossible. Our billionaire problem is getting worse. Any market-oriented economy creates opportunities for new fortunes to be built, including through innovation. More innovation is likely to take place where fewer rules encumber entrepreneurial creativity. Some of this creativity may lead to processes and products that are actually detrimental to public welfare. Unfortunately, by the time the…
"You were given job slots, you gave them to your children. You were given ten forms for jobs, you gave them to your mother's children. You cannot end well..." The Muslim cleric who made this statement is the Chief Imam of one of the major towns in Kwara State. He talks straight and tough; video clips of his strong views there online, trending. Sometimes, his voice hovers around the uncomfortably graphic. There is one clip where he asks men to go and marry "these widows" because "they are too young to be left roaming." His latest message is a direct…
Tuesday, 03 December 2019 06:32

As nepotism soldiers on - Sonala Olumhense

The most important news story in the Nigerian press of the last five years was published last week. But it was neither news, nor story. It didn’t make the front page. It was not written by a reporter. It was not written in Nigeria. Farooq Kperogi’s “Government of Buhari’s Family, By His Family, and For His Family” was diligently written in Georgia, in the United States. That is: the story, with its challenging eye for detail, was reported by a teacher and writer who lives thousands of miles away across the Atlantic. Not by a reporter in Daura or Abuja…
The saying, usually, is: Who bells the cat? The story is told that rats met one day and the agenda was how to put a halt to the havoc the cat was wreaking in the rats’ midst. Suggestions after suggestions were considered before the rats, in their collective wisdom, decided on the one that appeared to them the most suitable: They will get hold of a bell and fix it on the cat’s neck so that any time this enemy approaches, the jingling of the bell on its neck will send an alert to the rats to vamoose and go…
Economics is now at a stage when we need to examine the assumptions in the woodwork that are hindering our ability to understand and map the new world of digital technology and inter-linkages that we are just beginning to inhabit. “Normal science” must continue, but it also is time for paradigmatic thinking. The unexpected financial crash of 2008, the persistence of the slowdown that occurred in its wake, the failure of conventional monetary and fiscal policies to revive economies, and the cracks in global trade that we are witnessing now have all given rise to a widespread disquiet about conventional…
November 23, 2024

NNPC not delivering quantity of crude oil agreed on, Dangote refinery says

The federal government's plan to sell crude priced in the local currency is faltering, with…
November 24, 2024

PDP governors urge Tinubu to review economic policies amid rising hardship

Governors elected on the platform of the Peoples Democratic Party (PDP) have called on President…
November 24, 2024

Older adults opened up about things they ‘took for granted’ in their 20s and 30s

Last month, we wrote a post where older adults from the BuzzFeed Community shared things…
November 16, 2024

Influencer eats pig feed in extreme attempt to save money

Popular Douyin streamer Kong Yufeng recently sparked controversy in China by eating pig feed on…
November 22, 2024

FG excited as pro-Biafra agitator Simon Ekpa arrested in Finland on terrorism charges

Simon Ekpa, the controversial leader of the pro-Biafra faction Autopilot, was arrested by Finnish authorities…
November 24, 2024

What to know after Day 1004 of Russia-Ukraine war

WESTERN PERSPECTIVE Putin signs law forgiving debt arrears for new Russian recruits for Ukraine war…
November 21, 2024

Nigeria comes top in instant payment system inclusivity index in Africa

Nigeria’s instant payment system is projected to advance to the maturity inclusion spectrum ahead of…
October 27, 2024

Nigeria awarded 3-0 win over Libya after airport fiasco

Nigeria have been awarded a 3-0 victory over Libya, and three vital points, from their…

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