Opinion

You can withdraw $1 billion from the Excess Crude Account (ECA) to fight a contrived war that you claimed had ended in one corner of the country. But you will not make a similar gesture to cushion the effects of fluctuations in the world oil market and keep the entire country from the agony of spending the Christmas break on fuel queues. And someone still has the temerity to speak of a human side. My friend, you're human only to those you wish to be human to. That Nigerians now need a film show to tell them about the human…
This month, Sri Lanka, unable to pay the onerous debt to China it has accumulated, formally handed over its strategically located Hambantota port to the Asian giant. It was a major acquisition for China’s Belt and Road Initiative (BRI) – which President Xi Jinping calls the “project of the century” – and proof of just how effective China’s debt-trap diplomacy can be. Unlike International Monetary Fund and World Bank lending, Chinese loans are collateralized by strategically important natural assets with high long-term value (even if they lack short-term commercial viability). Hambantota, for example, straddles Indian Ocean trade routes linking Europe,…
When my authority inspires sycophancy, I have no followers, only resentful manipulators of my power for their own selfish gain. — George Kunz When in June 2015, I started gathering materials for my book, ‘Against The Run of Play’, I also decided I would go through the newspaper reports from the first day President Goodluck Jonathan assumed power on 6th May 2010 to his last day in office on 28th May 2015. Even though I knew it would be a big task, and I wasn’t even sure I could pull it off at the time, I believe it would make…
Wednesday, 20 December 2017 04:34

Rage against the Machine? - Laura Tyson

Intelligent machines are transforming the way we produce, work, learn, and live throughout the world. Almost every aspect of our economies will be radically altered. Major logistics companies and individual drivers are using new technologies to optimize their route planning. Companies like BMW and Tesla have already released self-driving features in their automobiles, which are produced with the help of sophisticated robots. The Associated Press is using artificial intelligence to help write news stories. 3D printers are being used to produce replacement parts – for both machines and humans. AT&T, in collaboration with Udacity, is offering online “nanodegrees” in data…
Tuesday, 19 December 2017 04:21

Olusegun Obasanjo, Ph.D - Reuben Abati  

Perhaps in the long run, the most remarkable legacy of the Nigerian leader known as Olusegun Obasanjo would be his personal example, in terms of the manner in which he continues to creatively reinvent himself and the Renaissance quality and force of his achievements. In addition to all that we already know about him, Obasanjo last week bagged a Ph.D degree in Christian Theology from the National Open University of Nigeria (NOUN). I am impressed. It is therefore with great admiration that I welcome Dr. Olusegun Aremu Obasanjo to the distinguished class of Nigeria’s Ph.D elite.As his senior colleague in…
At the end of a low and dishonest year, reminiscent of the “low, dishonest decade” about which W.H. Auden wrote in his poem “September 1, 1939,” the world’s “clever hopes” are giving way to recognition that many severe problems must be tackled. And, among the severest, with the gravest long-term and even existential implications, is economic inequality. The alarming level of economic inequality globally has been well documented by prominent economists, including Thomas Piketty, François Bourguignon, Branko Milanović, and Joseph E. Stiglitz, and well-known institutions, including OXFAM and the World Bank. And it is obvious even from a casual stroll…
Sunday, 17 December 2017 04:11

Perish the Toll Gate idea - Tola Adeniyi

No one can really understand why successive governments in Nigeria chose to impoverish their people and make life and living extremely difficult for all. It is always one wrong headed policy to another leading to confusion, inconsistency, lack of foresight and general embarrassment to investors and the populace. Toll gates were introduced decades back when the glamour of the then newly constructed Lagos-Ibadan Expressway impressed the citizenry and we all appreciated the need to keep such beautiful edifice going through regular maintenance. The Sagamu-Ore- Benin Expressway was also considered worthy of similar maintenance. But years along the line it was…
After weeks of continuously unfolding abuse scandals, men have become, quite literally, unbelievable. What any given man might say about gender politics and how he treats women are separate and unrelated phenomena. Liberal or conservative, feminist or chauvinist, woke or benighted, young or old, found on Fox News or in The New Republic, a man’s stated opinions have next to no relationship to behavior. Through sheer bulk, the string of revelations about men from Bill Cosby to Roger Ailes to Harvey Weinstein to Louis C.K. to Al Franken and, this week, to Charlie Rose and John Lasseter, have forced men…
If Atiku Abubakar (or anybody PDP presents as a presidential candidate) is the only alternative to President Muhammadu Buhari, then Buhari’s victory in 2019 will be a definite shoo-in, and that’s terrible for the future of Nigeria. As a political party, PDP is a hopelessly damaged brand. It’s too soon to forget the agonizing blight that the party inflicted on Nigeria. However one tries, it’s hard to get past the insufferable arrogance, insensitivity, and impunity of the henchmen of PDP. To be sure, APC (which is actually old PDP in a new bottle) is continuing where PDP stopped. In fact,…
The national convention of Peoples Democratic Party (PDP), which took place at the Eagle Square in Abuja on Saturday, December 9, has come and gone. But echoes from that convention, (which was to elect key officers for PDP), will follow the party to 2019. The campaign for the chairmanship of the party was almost like a campaign to become the President of the country – intense and robust, with several of the contestants buying media spaces to sell their programmes for the party. It was probably the first time in our political history that campaigns for the chairmanship of a…
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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