Tag: Dele Sobowale
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Defend yourself and its possible repercussions 1 – Dele Sobowale
“Allow an intolerable situation to go on for too long; and, suddenly, there are no good options left.” Arthur Burns, 1904-1987.
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Babangida at 80 celebrations are in order (3) – Dele Sobowale
Dele Sobowale “Nor should we listen to those who say “the voice of the people is the voice of God”; for the turbulence of the mob is always close to insanity.” Alcuin, 735-804. Since coming across that statement by Alcuin, more than fifty years ago, I have dropped from my writings the assertion that “the…
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Reasons to dismiss the 2021 Budget as a joke (Part II), By Dele Sobowale
It has been necessary to bring back the summary of the 2021 Budget provided last week for speedy recollection. The first part of this series focussed on the, once again, unrealistic N13.1 trillion expenditure projected. Since, “Even God cannot change the past” (Agathon, 447-401 BC) and perhaps some of the present, it is a…
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Reasons to dismiss 2021 Budget as a joke (Part 1), By Dele Sobowale
“We do many things at the federal level that would be considered dishonest and illegal if done in the private sector. Donald T Regan. 1986. Donald Regan was US Secretary of the Treasury (equivalent to our own Minister of Finance), from 1981-85 and Chief of Staff from 1985-87 for the Reagan administration. He was familiar…
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Has Niger Delta missed the boat? AKS as Metaphor, By Dele Sobowale
“We have met the enemy and they are ours.” Oliver H Perry, 1785-1819. VANGUARD BOOK OF QUOTATIONS, VBQ, p 48. As the Age of Oil fades gradually into the distance, the efforts of Obong Victor Attah would appear to have been in vain. Attah was indisputably the arrow head. His book ATTAH ON RESOURCE CONTROL,…
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Who will save Nigeria from imminent debt bondage?, By Dele Sobowale
“Nigeria’s debt service to revenue ration is unsustainable – NESG SUNDAY TELEGRAPH, August 23, 2020, p 15. A visitor from another planet, versed in economics, on arriving in Nigeria and reading our newspapers must wonder if there are intelligent people governing us. Future historians might not be too wrong if they assume or conclude that…
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Birthday wishes to Babangida at 80-1 (2) – Dele Sobowale
By Dele Sobowale NOTE: Because of our current travails on account of the partial lockdown of the Third Mainland Bridge, this part of the article ended abruptly. Readers could not possibly understand the significance of the bridge and the vision it entailed at the time. IBB embarked on completion of the bridge approximately 17 years…
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And now the bad news from the VP, By Dele Sobowale
“FG has started implementing Economic Sustainability Plan – Osinbajo.” VANGUARD, August 11, 2020, p 19. “If you have tears, prepare to shed them now.” That is not original to me. The original author was Mark Anthony in Shakespeare’s (1564-1616) play JULIUS CAESAR. But the great(est) British writer/poet had provided the most appropriate opening statement in…
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Nigeria’s Economic Future Built on Falsehood (1), By Dele Sobowale
“N6.4trn ERGP expenditure fails to meet set targets. Govt forced to draw new development plan, to start from scratch.” VANGUARD, July 27, 2020, p 1. The report went on to list the failed targets of the Economic Recovery and Growth Plan, ERGP as follows: · Stable macroeconomic environment · Agricultural transformation and food security ·…
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They still cannot tell Nigerians the truth – Dele Sobowale
“Nigeria heading for recession in Q4 2020 – FG.” PUNCH, July 11, 2020, p 28. “If we permit ourselves to be ill-served ..by corrupt, incompetent and inefficient men [and women], then on our own heads must the blame rest.” US President Theodore Roosevelt, 1858-1919. My courses on American government during my undergraduate years had taught…