Skip to main content

Posts

RE-VISITING THE POWER SECTOR

We know that the last administration of President Goodluck Jonathan in an attempt to solve the nation's power challenges privatized the power sector to different enterpreneurs. The move however failed to supply the much needed power for the nation's consumption. After President Buhari's takeover, not much has happened with regards to providing power to run industries, homes and business on which the economy depends . The current minister of power has introduced the energy mix strategy to help supplement what the country generates but so far it hasn't impacted much on the power problem. We have a situation right now where power generated comes from hydro power plants, gas and renewable energy. And we know so far, the combined power generated from these sources have been too little to serve the country. But do we know that Nigeria flares gas everyday and wastes what could be added power generation from gas. Why not open the power sector like the telecommunications sect...

THE THREE (3) SIDES OF BIAFRA: BY UWAKWE ROLAND

I have keenly watched people from different parts of this country agitate or vent their anger either in support or against the renewed movement for ‘Biafra’ and from what I have gathered so far there are three categories of people in this agitation. We have those who still hold the memories of Biafra, there are those who see Biafra as a means to end the injustice in our land and those who want a sovereign territory known as the State of Biafra. Let’s analyze the above postulations. The Nigeria Civil War was a war that was fought among brothers and sisters even though the commanders did not actually have this at the back of their minds. The war would have been averted if the protagonist were as matured and knowledgeable as the leaders of USA and USSR who during the Cuban Missile Crisis averted a major world war by just a phone call. The war brought distrust, disaffection and disunity among sister tribes. The post war policies instead of healing wounds created more disa...

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 ...