Opinion

“Evolve or die,” wrote hedge-fund billionaire Ray Dalio in a manifesto published in April titled “Why and How Capitalism Needs to Be Reformed.” With each passing month, more business executives have been joining this unlikely crusade to save capitalism from itself. The loudest reform call yet from inside the system came this week from the Business Roundtable, which represents the chief executives of 192 of the nation’s largest companies. Most of its members signed a statement declaring that making profits for shareholders isn’t a corporation’s sole responsibility. Instead, companies have a broader mission to serve customers, employees, suppliers and communities,…
According to Wikipedia, the Nuremberg trials were a series of military tribunals held after World War II (1939 – 1945) after the defeat of Germany’s Adolf Hitler and his Axis Alliance (Germany, Japan and Italy) by the Allied Powers (Britain, France, USSR and the United States) under international law and the laws of war. The trials were most notable for the prosecution of prominent members of the political, military, judicial, and economic leadership of Nazi Germany, who planned, carried out, or otherwise participated in the Holocaust and other war crimes. The trials were held in Nuremberg, Germany, and their decisions…
The present times in Nigeria have lately been compared to the days of the dark-goggled general, Sani Abacha. Part of what the folk making the comparison are wondering is how we crawled ourselves back into the hole we thought we escaped. So, here is a quick backward glance on the road that brought us here. In the run-up to the 2015 elections, when the “anything but (Goodluck) Jonathan” din was at its zenith, one of the absurdities that characterised the period was the rash of amnesties given Candidate Muhammadu Buhari over his repressive actions as military head of state between…
When there are no good options, leaders must choose the least bad one. China’s government may loathe the idea of making concessions to the Hong Kong protesters, but considering the catastrophic consequences of a military crackdown, that is what it must do. The crisis in Hong Kong appears to be careening toward a devastating climax. With China’s government now using rhetoric reminiscent of that which preceded the Tiananmen Square massacre in June 1989, Hong Kong’s pro-democracy protesters – and, indeed, its democracy – could well be in grave danger. For more than two months, Hong Kong has been beset by…
Tuesday, 20 August 2019 05:44

Democracies in danger - Ngaire Woods

Recent unilateral decisions by the Indian, American, and British governments are part of a worrying trend in the world’s leading democracies. But instead of resorting to outrage, democrats everywhere should focus their efforts on protecting public debate, reinforcing key institutions, and limiting the personalization of power. By abruptly revokingthe special, constitutionally protected status of Jammu and Kashmir, India has become the latest major democracy to act against a minority community for short-term political popularity. Kashmir will henceforth be ruled more directly from the government in New Delhi, and Hindu nationalists are thrilled. Carefully maintained constitutional arrangements are in tatters. Meanwhile,…
Very soon, Nigeria’s airspace will be awash with drones. Virtually all the states in the Middle Belt and Southern part of the country that have been whacked by Fulani herdsmen and banditry violence are queuing up to acquire licence to procure drones from the relevant Federal authorities. The goal is to use this surveillance devise to monitor the movement of Fulani herdsmen and other bandits and terrorists in the forests from where they launch deadly attacks on hapless citizens and to which they retreat after their dastardly acts. Who ever thought Nigeria would come to this sorry pass! Thanks to…
Russian President Vladimir Putin and Chinese President Xi Jinping have for years flexed their foreign-policy muscles and consolidated power at home. But Russia and China now appear increasingly isolated on the world stage, and the question now is whether they have finally gone – or soon will go – too far. Ongoing street protests in Hong Kong and Moscow have no doubt spooked the authoritarian duo of Chinese President Xi Jinping and Russian President Vladimir Putin. The Moscow protests, the largest in many years, must be keeping Putin up at night, or they wouldn’t be dispersed with such unabated brutality.…
One of Nigeria’s arguably most impactful rulers, Mr Ibrahim Babangida, was 78 years old yesterday. Combatant Officer of the Nigerian Army who joined the force in 1962, IBB, the acronym he became known by while he was Nigerian military Head of State, will go down in history as about Nigeria’s most audacious user of governmental power. Lethal to those who stood in his way, one of the qualities he possessed at the highest cusp of his rule which even his adversaries acknowledged, was his ambivalent disposition. He had the ability to stand at both ends of the hill and emit…
For the Nigerian Left, the strongest lesson of what may now be called Nigeria’s RevolutionNow – that is, the August 5 mass protests organised by some young fragments of the movement – may be formulated as a warning: If Nigeria survives long enough from the current battering of the country’s ruling class, variants of what was attempted on August 5 may be attempted again and again until a spark leads to a national conflagration or a successful popular revolution resulting from a better conceived, planned and executed strategy. Such a successful popular revolution will present to every Left entity –…
In July, a group of musicians/artistes took their peaceful protest to the Redemption Camp where they challenged General Overseer of Redeemed Christian Church of God, Mr Enoch Adeboye, to speak up on raging issues. The artistes prodded Adeboye to use his globally acknowledged influence to speak on the security situation in the country, including advocating the release of the young woman, Leah Sharibu, who, unfortunately, remains in her Boko Haram abductors’ gulag. When Adeboye’s media aides responded to the protesters, they said his silence does not mean he is apathetic. It was just that he had ceded such a responsibility…
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 22, 2024

Tinubu’s borrowing spree retuning Nigeria back into debt peonage - Atiku

Former Vice President Atiku Abubakar has criticized the President Bola Tinubu-led administration for the increasing…
November 23, 2024

Do these 3 things to feel happier today—they take less than 10 minutes

Prioritizing your joy can feel like an abstract assignment that, frankly, many of us don't…
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 23, 2024

What to know after Day 1003 of Russia-Ukraine war

RUSSIAN PERSPECTIVE Putin announces mass production of Oreshnik missiles Russian President Vladimir Putin confirmed on…
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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