The internet is awash with the state of federal roads across Nigeria. South-South & South-East are the worst-hit. When Peter Obi told the government to focus on existing federal roads before embarking on white elephant projects, Minister Dave Umahi responded with insults.
A bond trader in Frankfurt just discovered that a federal agency in Nigeria can freeze the entire accounts of a state, meaning the State can't repay bond coupons.
That same bond trader wants to offer an African bond to investors in Canada. Would he recommend a Nigerian bond? No.
Why?
Sovereign risk for Nigeria is high.
This is why Nigeria is struggling to attract FDI today. Nigeria is attracting expensive FPI.
Later, you will blame the CIA for self-inflicted wounds
The gateman in our section of the estate earns a N70k monthly salary.
We have 16 flats and about 15 cars in the compound. He washes our cars every day for N1k each because it’s cheaper than taking them to a car wash.
He also does laundry for 5 people every weekend at N1,500 each..that’s another N30k monthly.
Then I sat down to calculate everything… Omo, this guy is making close to N550k every month. 😂
As if that’s not enough, he has a small farm at the back where he grows yam and pepper. He sells to us in the compound, and even has 2 Okada that comes to deliver from him daily.
Omo, I just realized say na this guy fat pass all of us wey dey compound. 😂. If he no buy pepper soup for me this weekend make I bend.
The University of Ibadan (UI) was the first university in Nigeria to have a computer laboratory.
1963: The IBM World Trade Corporation established the IBM African Education Centre on the campus of the University of Ibadan, introducing Nigeria's first educational computer. (The IBM 1401).
1965: After training students across Africa in computer languages like Fortran, IBM donated the facility to the University of Ibadan, formally creating the University of Ibadan
1974: The University of Ibadan established a formal Department of Computer Science to train professional manpower.
As the World Cup Begins Without Nigeria
As the World Cup begins today across three nations, I identify with our teeming football followers and urge them not to be despondent that Nigeria is not participating, despite the abundant talent in our land.
Our failure to participate on the global stage is not due to a deficit of talent; it is a direct consequence of a deficit in leadership, planning, and institutional support.
The task of building a better Nigeria rests primarily on the shoulders of the younger generation. Do not watch the World Cup with despair; rather, see it as a reminder of where Nigeria ought to be. We must move our country from being a nation of mere consumers of global entertainment to a nation of proud producers and competitors.
A new Nigeria is POssible. -PO
First Nigerians to watch television:
Residents of Ibadan were the first set of Nigerians and the first people in all of Africa to start watching television.
The Western Nigeria Television (WNTV) began broadcasting on October 31, 1959, from its headquarters in Agodi, Ibadan.
It was launched by the Western Region Government under the visionary leadership of Premier Chief Obafemi Awolowo
FIFA has revoked the ticket allocation for Iran fans at the team's three World Cup games in the United States, the national football federation said Tuesday. https://t.co/PvSOGhzYPv