Author: Magnus Onyibe
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Kemi Badenoch’s remarkable ascent in UK politics: A milestone for the black community – By Magnus Onyibe
As Great Britain, once a colonial power ruling over 56 nations now part of the Commonwealth, transitions into a more inclusive society, a symbolic form of “reverse colonization” seems to be unfolding. This phenomenon, exemplified by individuals from formerly colonized nations rising to leadership roles in the UK, highlights the open-mindedness of Britons.
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How President-elect Trump plans to transform Washington – By Magnus Onyibe
President-Elect Donald Trump, set to assume office as the 47th President of the United States on January 20, 2025, is preparing to usher in transformative changes that are already evident in the composition of his team. These changes, so striking, might have been considered heretical during historical periods of rigid orthodoxy, such as the Age…
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How Nigerians can shift from agonizing to organizing – By Magnus Onyibe
A recent article in The Guardian newspaper highlighted the growing challenges of rising living costs in Nigeria, using data from surveys on the daily expenses of an average Nigerian family. As of August, the estimated cost of a single meal for a family of four is N1,255, translating to a monthly food expense of N150,000.
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Are those opposed to state police putting our lives at risk? – By Magnus Onyibe
Since 1999, as insecurity in Nigeria has surged dramatically, federal and state governments have been divided over whether to maintain the current central policing system or shift to a state/local policing model.
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Time to prohibit petroleum product imports – By Magnus Onyibe
In 2011, the Chinese, demonstrating their strategic foresight, established a refinery in Niger Republic, which borders Nigeria to the northeast. This refinery, with a capacity of 20,000 liters per day and a cost of $5 billion, was completed swiftly and produces both diesel and petrol. Now, the Chinese are in the process of setting up…
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Issues surrounding debate between Trump, Harris, and how democracies die – By Magnus Onyibe
The barrage of court trials and two assassination attempts that have characterized the 2024 Republican presidential candidate Donald Trump’s campaign were expected to undermine his bid for the presidency. Yet, like a cat with nine lives, Trump has not only prevailed in several court cases but also survived two assassination attempts—one during a campaign event…
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Why NNPCL’s decision to lease instead of sell refineries spells doom – By Magnus Onyibe
For a long time, I have advocated for the federal government to privatize the oil and gas sector, which has been tightly controlled since oil was first discovered in commercial quantities in 1956 in Oloibiri, now in Bayelsa State. I reiterated this point in my column last Tuesday, August 27th, in an article titled “Understanding…
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Understanding the toxic international petroleum politics in Nigeria – By Magnus Onyibe
The alarm in Nigeria’s oil and gas industry, now blaring loudly, was first sounded by Mr. Tony Elumelu. In 2021, Elumelu invested over $1.1 billion to acquire a 45% stake in the OML 17 oil drilling asset, a venture in which Shell, Total, and Eni relinquished their shares, leaving the Nigerian National Petroleum Corporation Ltd…
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Why Donald Trump would win Kamala Harris – By Magnus Onyibe
The Democratic National Convention (DNC), starting on Monday, August 19, in Chicago, is set to see Vice President Kamala Harris officially accept her nomination as the party’s presidential candidate. Harris has secured over the necessary 1,976 delegate votes needed to represent the DNC in the presidential election against former President Donald Trump from the Republican…
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How banks could have avoided the FX gains tax through CSR – By Magnus Onyibe
In a society where a few live in luxury while many struggle in poverty, it’s not surprising that feelings of envy, jealousy, and even resentment arise among the less fortunate towards those who are well-off.