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Opinion

Wednesday, 22 January 2020 06:17

The end of the free-market paradigm - Diane Coyle

The assumption of isolated individuals transacting in free markets has underpinned highly damaging economic policies since the 1980s. Given the interdependent nature of the digital world, economic researchers need to ditch their unscientific attachment to this paradigm and instead focus on the economy of the 2020s. The 2020s will be the decade when the idea that economic problems can be “left to the market” to solve is finally put to rest – after some 40 years during which that belief has caused untold damage to society and the environment. We can foretell this with such confidence because of the nature…

Monday, 20 January 2020 05:21

Despite Supreme Court ruling, Ihedioha can still be governor. This is how

Tonnie Iredia It is no longer news that in line with last week’s decision of the Supreme Court, Senator Hope Uzodinma is now the Imo State governor. Having decided that the exclusion of certain votes in his favour during the collation of votes at the last governorship election in the state was illegal, the Apex Court went ahead to add the said votes which saw to the victory of the new governor. Uzodinma was promptly sworn in. His immediate predecessor, Emeka Ihedioha who had earlier been declared as the duly elected governor by the electoral body had to step down.…

Monday, 20 January 2020 05:20

Amotekun: To be or not to be? - Bolanle Bolawole

“There is nothing more powerful than an idea whose time has come” – Victor Hugo in “Les Miserables” “Les Miserables” is a French historical novel by Victor Hugo first published in 1862. Set in the early C19th France, it is the story of Jean Valjean, a French peasant, and his desire for redemption after serving 19 years in jail for having stolen a loaf of bread for his sister’s starving child. The literal meaning of “Les Miserables” is “the miserable ones” Valjean, the lead character, finally was released from prison, died a noble and his life was celebrated as he…

Sunday, 19 January 2020 06:31

Do Buhari, Malami know a man called Tafawa Balewa? - Festus Adedayo

Apparently a young officer of the Nigerian Army at the time Abubakar Tafawa Balewa was the Nigerian Prime Minister from 1957 – 1966, it goes without saying that President Muhammadu Buhari must know of Balewa, even if he didn’t know him. Conversely however, if his official birthday of April 17, 1967 is indeed real, Abubakar Malami probably encountered Balewa as a historical piece. For both however, the life of Balewa and his disposition to Western Nigeria, especially during the crisis that seized the region from 1962 to 1966, should be a reference point if both men do not want the…

Sunday, 19 January 2020 06:31

Mama Igosun opens a new front against Okon - Tatalo Alamu

And whilst we are still on the subject of misbegotten federalism in Nigeria, it is meet to remember the saying that a people perish due to their leaders’ lack of vision. And how Nigerians have been perishing in droves, particularly on the Lagos-Ibadan Express! When this road was opened to public use in 1976, to great national applause, it is curious that nobody envisaged that given rising population and a rapidly expanding economy, we would be needing at least six of such thoroughfares forming a concentric hub to Lagos by 2020. The first time yours sincerely traversed this road in…

Sunday, 19 January 2020 06:30

The inequality debate we need - Kenneth Rogoff

The scientific evidence increasingly indicates that the world may soon reach a point of no return regarding climate change. So, rather than worrying almost exclusively about economic and political inequality, rich-country citizens need to start thinking about how to deal with global energy inequality before it’s too late. While denizens of the world’s wealthiest economies debate the fate and fortune of the middle class, over 800 million people worldwide have no access to electricity. And more than two billion have no clean cooking facilities, forcing them to use toxic alternatives such as animal waste as their main cooking fuel. Furthermore,…

Friday, 17 January 2020 06:05

Mbaka did NOT hear from God - Abimbola Adelakun

Now that the Supreme Court has nullified the election of the Peoples Democratic Party’s Emeka Ihedioha as the governor of Imo State and declared the All Progressives Congress’ Hope Uzodinma the winner of the March 9, 2019 governorship election in the state, I owe it to readers of last week’s article to insist that God has nothing to do with the “prophets” that purportedly speak in his name. No God told Rev Fr Mbaka that Uzodinma would win at the court. More likely, this was what happened: To prepare the public for the electoral magic that would propel Uzodinma from…

Friday, 17 January 2020 06:04

Now that Iran has confessed... - Bola Bolawole

On Friday, January 3rd this year, a drone attack by the United States killed a prominent Iranian military commander, Qassem Soleimani, and a few others on his entourage in Iraq. Soleimani had meant different things to different people. To the Iranian authorities and those that sided with its policies and politics, Soleimani was the quintessential patriot and nationalist helping to forge a common front to confront the “enemy”, chief of which is America. So, his death was a big blow and a sad loss. To those opposed to Iran’s kind of diplomacy in the Gulf, Soleimani was the moving spirit…

Friday, 17 January 2020 06:03

We, the Biafrans! - Dare Babarinsa

It is 50 years now that the Civil War ended and the soldiers returned home. Thousands never returned. They earned their eternal rest on the battlefields and their comrades in hasty retreat or full flight never had the opportunity to retrieve the bodies. They are represented on the Heroes Acres in Abuja with the statue of the Unknown Soldier. My elder brother, Adeyinka, my father’s first son, returned home with a big gash on his handsome face. He had been shot in the head on a battle field after the bloody crossing from Asaba. For Adeyinka, the army was the…

Thursday, 16 January 2020 05:28

Imo and the arithmetic of injustice - Olusegun Adeniyi

There is a famous scene in Tunde Kelani’s movie, ‘Ti oluwa Ni ile’, which speaks to a time like this in our country. At his meeting with the two young men who were trying to co-opt him into the deal to sell a piece of sacred land which belongs to the entire community, Oloye Otun (the inimitable Kareem Adepoju aka Baba Wande) felt he was being short-changed. He had been offered N50,000 out of the N200,000 he was told the land would be sold for. In assuring him that each would take N50,000 while the remaining N50,000 was reserved for…

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Thursday, 16 January 2020 05:21

Nigeria is haunted by its civil war - Max Siollun

Fifty years ago, on Jan. 15, Nigeria’s civil war ended. Fought between the country’s southeast region, which seceded and called itself Biafra, and the rest of the country, which Britain supported and armed, the war was brutal. Over a million people died during three years of conflict. After being starved into submission by a blockade, the Biafrans surrendered and their leaders promised to be “loyal Nigerian citizens.” Half a century later, the war’s legacy continues to hold Nigeria captive. It simultaneously brings the country together and pushes it apart. In the early aftermath of the war, the country appeared to…

Wednesday, 15 January 2020 05:37

Making stakeholder capitalism a reality - Laura Tyson & Lenny Mendonca

The recent push by big business in favor of a more socially and environmentally conscious corporate-governance model is not just empty rhetoric. With the public losing trust in business and markets, it is now in everyone's interest to reform the system so that it delivers prosperity for the many, rather than the few. For a half-century, American corporations (and many others around the world) have embraced shareholder primacy, which holds that the only responsibility of business is to maximize profits. But this principle is now being challenged by corporate leaders themselves, with the United States Business Roundtable announcing last year…

Tuesday, 14 January 2020 05:19

The General is Divider-in-Chief - Shaka Momodu

By his occasional exhortations to Nigerians during festive periods and in moments of national tragedies to live peacefully and in unity, the Nigerian Head of State and Commander-in-Chief of the Armed Forces, Major-General Muhammadu Buhari wants us to believe he is a uniter and not a divider. He preaches religious tolerance when acts of barbarism and heinous crimes are committed by devilish Muslim extremists who act in the name of religion, when he is riled enough to do so. But when he wakes up on the wrong side of the bed, he looks the other way, aloof and totally unconcerned.…

Tuesday, 14 January 2020 05:18

Shaka Momodu: A columnist as Hater-in-Chief - Femi Adesina

For many years, week after week, Shaka Momodu opens the sewers, and pours vitriol on President Muhammadu Buhari on the back page of THISDAY Newspapers. We ignore him, reasoning that when a mind is diseased, there is hardly much you can do to point such soul to decency. It remains impervious to anything not from the very nether region of hell. However, on Friday, January 10, 2020, Shaka Momodu overreached even himself in hatred and deviousness by his piece with the headline, The General is Divider-in-Chief. Yes, you know who he was talking about. He usually has no other topic…

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