Random thinking that if I were still a business journalist writing about the impact of the Iran–Israel–US war on Nigeria’s economy, I’d probably slip in a (sub)headline like “We’re back to the straitus quo!”
Re Awujalẹ: Ijebu needs a well‑educated, well‑connected, and economically progressive Awujalẹ who can inspire the people and engage governments to deliver the infrastructure key to our prosperity.
Ọba ẹni ti waja ẹyin ọmọ alarẹ! Ki Ọlọhun fi ori ji wọn ati dede ẹni.
RIP to the paramount ruler of Ijẹbuland, Ọba Sikiru Kayode Adetona, who ascended the throne just months before Nigeria’s independence at the age of 26 and passed away yesterday at 91.
I strongly believe that economic initiatives like these matter more (and are even more realistic) than the Ijẹbu State they're advocating for. The new king and Ijebu leadership should focus their energy here.
In the interim, a state of emergency should be declared in Kwara, Kogi, and Niger States, as well as other affected Middlebelt states, with decisive military action taken against the terrorists.
The attack and kidnapping of Christian worshipers in Kwara yesterday is utterly unacceptable. The President must, as a matter of urgency, push for the passage of the State Police Bill by the National Assembly and give it immediate assent.
See this, for instance. What can trigger an unfair and uncompetitive pricing more than imposing restrictions on import of a commodity that is mostly produced by one entity locally?
But the author says it's a "market-reponsive" means to ensure fair and competitive pricing.
With Tinubu, mention reform or market in your argument. While I think this (market-led reform) is good, whatever is being pushed should actually deepen the "market" and not only enrich few business owners.
What I see is that these guys understand the president's biases so much that all they need do to get his approval or ban is to develop talking points that fit into his biases, accurate or not.
Just say it somehow aids corruption, he bans. Say it boosts local content, approved.
@_aaadedapo That's the renewed hope mandate, I guess. Aligning domestic production costs with international realities will make life easy for Nigerians.
Exactly. Even if NNPC's & BUA's refineries were working, this policy would still be ridiculous. Products are unfairly priced in other industries with similar import restrictions, and an oligopoly.
So, does the government expect Dangote to suddenly become patriotic in a monopoly?
Unfair pricing in Flour, sugar, cement, fertilizer, oil and gas. Poor staff welfare, toxic work place. reduce taxation due to pioneer status, FTZ. What exactly is the benefit of the over $30billion. Double the profit but staff are not even benefiting. It is well
Fuel price will go further up and perhaps worsen inflation. His companies in industries with similar restrictions on import charge higher than international prices and this won't be different.
So, how does this benefit Nigerians in any way?
The 15% import duty policy is ridiculous. Gives DR the control of the whole market, artificially skyrockets its profits and forces Nigerians to pay for its inefficiency.
What's the point of subsidy removal and the supposed deregulation of the oil sector if we'd end up here?
In summary, while we want Nigeria to industrialise, we must make the process competitive for us to scale & sustain it.
We should support local industries but in a way that makes them efficient over time & that does not force the people to pay for their inefficiency perpetually.
I’m seated on a chair you’ll find at any Lagos Owanbe, but here it’s my throne. The blue behind me is royal, the red on me is power, and the word ‘Fuji’ holds the story of where we come from.
I named this album after an entire genre because Fuji is bigger than music. It is Lagos, it’s street royalty, it’s our story, our hustle, our heritage turned global. What we see as everyday in Nigeria deserves to sit on the world’s biggest stages.
This is not nostalgia. This is reinvention. This is me carrying my roots into the future.
My album Fuji, is a celebration of the music, the culture, and every Lagos boy who dreams beyond the city.
This cover is more than an image, it’s a statement.
Oct 3rd.
🦈
Dammy Feyide returned to Nigeria, then started running creative classes for indigent and troubled children. Her intention was to do that and then return abroad after her NYSC, several years on, she is still here.
Because that idea became a private school. At Dammy’s private school, children who were once in remand and correctional homes and from poor background get to access the best of education, at no cost to them or their parents. Tuition, boarding, uniform…everything free.
Dammy Feyide is a miracle. The LISA school, LET IT SHINE ACADEMY, is an example of what is possible when a woman decides that, irrespective of what the times say, she will make a mark by giving the future a chance.
These children from marginalised backgrounds now have a shot at a great future, because someone said their future cannot reflect the already tough life they had to negotiate to get to LISA.
We must all do our bit to help LISA thrive. Dammy started it, she doesn’t need to bear all the burden of its survival. You can ask me about how to support LISA.