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Showing posts from May, 2016

FAYOSE: BETWEEN RADICALISM AND THUGERISM

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For sometime, I have refrained from commenting on the person and acts of Governor Ayodele Fayose of Ekiti State even though I should as a stakeholder in Ekiti's project for several reasons, of which am not willing to share in this piece. Like him or hate him, Governor Ayodele Peter Fayose is a controversial person who will say things the way he sees it no matter whose ox is gored. Some which say, this is the character of a typical Ekiti person: saying things the way it is without fear or favour. Hence, many people are wont of labeling the people of the State as being stubborn. Today and this piece also may not be appropriate medium to embark on this discourse too, but not many will forget that it took a man from Ekiti by name: Fabunmi of Schemes to mobilize other Ekiti sons and daughters against the injustice of the Alafin and Oyo Empire in the pre-colonial Nigeria. Otherwise, the entire Yoruba land might have continued to be subjected to inhuman treatment by the

HARD CHOICES FOR HARD TIMES

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This is not the best of times for Nigeria and Nigerians. Indeed, the boys are not smiling just as the ladies are not. The men and women are equally groaning. Everything that could get worse is getting worse; and for the first time; I believe all Nigerians (rich or poor) know that they are not insulated from government policies. As if this is not enough, the  Buhari  President has just embarked on the  deregulation  of the petroleum downstream sector which is like making Nigerians to go from frying pan to fire; though there is no denying the fact that this government meant well, but is good intention enough to assuage the feelings and pains of the people? Over the couple of days, I have read online and my social media apps have been agog with a lot of articles and comments. The more I read, the more I feel the dilemma of Nigerians and the government. The question is where do we go from here? To be more specific, is the removal of subsidy the right thing to do in the light of the

THE SIGNED BUDGET: WHAT IS IN IT FOR ME?

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Now that the waiting is over, the question on the lips of many is what is in it for me. How does signing the budget of my country affects my  socio-economic  welfare? Does it put food on my table? As a salary earner, does it  translate  to increase in my salary? As a business man, how does it  affect  my business? These and many more questions are on the lips of many Nigerians. Budget as an economic blue print revealing the dynamics of the state concerning the raising and spending of government revenue within a given  period  called a fiscal year is very germane to the  socio-economic  welfare of the citizenry. First, budget is used as a tool for planning; and this becomes more understandable when we see planning as a bridge between where we are and where we want to be in the nearest future. In other words, the budget of a country shows the direction of the economy. That is, area the government is interested in pumping or withdrawing money from. So a good investor learn to invest in