Skip to main content

Posts

WHY ARE BUSINESSES FAILING IN NIGERIA? A LOOK AT ARIK AIR AND ETISALAT

The sole reason why businesses fail in Nigeria is lack of leadership. Business leaders in Nigeria are sometimes incompetent, not tested and therefore not trusted. Many people rise to positions in the business world not because of merit and hard work but because of connections. There is  the problem of lack of integrity where board members share the company's profit amongst themselves instead of channeling it to further grow the business. There is also another problem of taking huge loans from banks without a well thought out process of how to pay back or even completely mismanaging the funds. Arik air is owing large sums of money and so is Etisalat... A lot of employees depend on these businesses for their livelihood. Why don't they think of the impact on the economy before allowing greed and selfishness take over. This is really disheartening .

ON SARAKI'S ACQUITTAL

Nigerian lawyers are not brilliant so much so that any complexity in a case they are handling leaves them confused and defeated. Nigerian judges are archaic not knowing what a landmark judgement is. The Nigerian police is traditional preferring to respect high ranking members of society even when they have cases to answer. The result is an unreliable justice system that cannot take care of the demands of the nation. What sort of proof do Nigerian judges expect to see when it's not as if the police were recording the process when the crime was being committed? The rate of failure at the Nigerian law school bar exams tells you the quality of lawyers we are churning out year after year. When last did you hear of a brilliant lawyer in Nigeria? Even politicians' children are failing . The Nigerian police is not enthusiastic about cases involving high members of society, they would easily believe the "baba" and even ask why you are prosecuting him. Saraki has been ...

ON VIRGINITY AND FEELING SPECIAL

Girls are often advised by their parents, society and the church to keep their virginity till marriage which is supposed to be a good thing actually. The problem with this advice is that a lot of people who heed it cannot tell the difference between being a virgin and being frigid.So they carry their virginity into marriage and become frigid afterwards. Being a virgin doesn ' t stop you from falling in love and having desires, it only stops you from experimenting with sex oftentimes with the wrong person. To wait till marriage is to trust God to bring the right person into your life when you are ready, usually somebody who is worth it. You shouldn't feel a sense of loss when you loose your virginity to your husband instead you should feel a sense of accomplishment. The sense of accomplishment comes from knowing that you waited until your wedding night which is the normal thing. From then on you are supposed to have pleasurable sex with your husband with no inhibitions. So ma...

THE HEALTH CONDITION OF MR PRESIDENT:

It is completely normal for any human being to get sick from time to time. It is a reminder that we are mortals’. Mr. President is a mortal who can be sick at a split of seconds; he is not a super human.  However, I think why his health condition is becoming a national debate to some sorts is because of the kind of system of government we run. A presidential system of government presupposes that the entire administration is centered on just a ‘person’; this is unlike the parliamentary system of government. Again, the presidential media aids are not helping matters as they are keeping the health condition of Mr President secret, creating room for speculations among Nigerians as to what has happened to the man they elected as a leader. Sincerely, the President needs some medical holiday as suggested by some esteemed Nigerians and anybody denying him of such opportunity is an enemy of the President and the nation. The people who are giving fake prophecy that if s...

USING TAXATION TO BREACH THE RICH POOR GAP IN NIGERIA

Nigeria is a very rich country in terms of its GDP and by the volume of trade transactions that flows from the country every year but in terms of per capita income, Nigeria remains one of the poorest nations on earth.This is why sometimes; there could be huge economic growth with no development and lack of job creation. The rate of poverty in the land is so high that records show that over 85 percent of Nigerians live below the poverty line and the remaining 15 percent cannot be said to be rich because of the overwhelming pressure the rest of the population will heap on them, so by logical conclusion nobody could be said to be wealthy from the true sense of the word. Taxation is a means by which government finance their expenditure by imposing charges on citizens and corporate entities. Generally, taxation is used to encourage or discourage certain economic decisions, for example reduction in taxable personal (or household) income by the amount paid as interest on home mortgage loans ...

WHO NEEDS A WHISTLE?

Happy Easter to Christians over the world as we all mark and celebrate the death and resurrection of our Lord and Saviour Jesus Christ which is the true foundation of Christianity. As Nigerians join Christians all over the world to celebrate, we pray that the message of easter which is peace and love for neighbour will reflect in the lives of every Nigerian. But what is trending this easter period in the country today is the whistle blower policy which is already yielding results. Monies have been recovered so far in uncompleted buildings, markets and luxury homes. The latest being the $48M cash amongst other currencies recovered in a luxury home in Ikoyi. The whistle blower who blew the whistle said an unidentified woman usually comes to the said house to drop bags. According to the whistle blower this woman always comes in tattered clothes but the suspicious thing about this was that the woman was not tattered herself. When the EFCC went in and made the discoveries of the money a...

EEDC: AN OLD WINE IN A NEW WRONG BOTTLE

The recent action by the Enugu State House of Assembly to declare an emergency action on the Enugu Electricity Distribution Company is a step in the right direction. The legislators have shown that they are true representative of the people; this is unlike the situation in Imo State where members of the House of Assembly are busy romancing with the executive arm of government, thus neglecting their primary functions. Since the beginning of this year, the electricity bill from the EEDC has continued to double every month with no appreciable improvement in power supply.  For example as at December last year, my bill was around N2, 000, by January it increased to around N4, 000 and before I knew what was happening, it came to N8, 000 by February 2017.  This is coupled with a reduction in power supply. As a result of which, I went to their office, thinking it was a mistake only to be informed that that the bill is not calculated by them and that customers should go and ask the Re...