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Showing posts with the label policy

LET THE POOR BREATHE

LET THE POOR BREATHE - MAKING SENSE OUT OF #8000.00 CONDITIONAL CASH TRANSFER (CCT) The greatest threat to human dignity is poverty, and it partly accounted for the rise of social vices in our world. According to the World Bank, about 9.2% of the world, or 719 million people, live in extreme poverty, on less than $2.15 a day. In Nigeria,  a 2022 report says that an estimated population of 88.4 million people in Nigeria lived in extreme poverty. The number of men living on less than 1.90 U.S. dollars a day in the country reached around 44.7 million, while the count was at 43.7 million for women.  The implications of this is that anyone who cannot afford #1700.00 either for food, water, electricity, clothes, shelter or other necessity of life falls within the category of extreme poor people in the world. The question that needs to be raised and answered are: are there people who cannot afford #1700.00 currently in Nigeria of today? If yes, where do they live? Do we have sufficie...

NIGERIA GOVERNMENT BOUGHT 1.4 BILLION WORTH VEHICLES TO NIGER REPUBLIC: FOREIGN POLICY OR PREBENDALISM?

NIGERIA GOVERNMENT BOUGHT 1.4 BILLION WORTH VEHICLES TO NIGER REPUBLIC: FOREIGN POLICY OR PREBENDALISM? In simple terms, Foreign Policy can be defined as what government of a country chooses to do or not to do in relation to other countries of the world. In this case, the Nigeria foreign policy towards the Republic of Niger is to buy some vehicles for the country?  Several questions are begging for answers: was the government right to approve and release such money for the procurement of such vehicles to the Niger Republic in light of our present economic realities? Why Niger? Is the Nigeria president using Nigeria resources to fund the government of Niger? Is it a form of political obligation between President Buhari and the president Niger having being instrumental in the election of the former? What is so special about Niger that we've to construct railway lines to the country and now we've to buy them vehicles? Of what purpose are the vehicles bought for? What does Nigeria ...

THE SUSTAINABILITY AND UNSUSTAINABILITY OF OKADA BUSINESS IN LAGOS

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  THE SUSTAINABILITY AND UNSUSTAINABILITY OF OKADA BUSINESS IN LAGOS Okada business is one of the most profitable business anyone can venture into in Lagos as an operator or a side-hustle owner. An average rider earns between five thousand and ten thousand daily after deduction of fuel and maintenance fees, as well as, the daily remittance to men of National Union of Road Transport Workers (NURTW) which some riders said they pay up to #1500.  A owner can earn as much as #15,000.00 or #20,000.00 weekly; b ut the business perhaps is one of the most risky businesses one can venture into.   Arguably, every business comes with risks; hence, the cliché - no venture no gain! However ,  Okada business risks are many including the possibility of lost of lives and valuables.  Every time you ride a bike in Lagos, you are indirectly surrendering your life to the rider expertise and fate. It is a game of chance, you either get to your destination safely, wounded...