By CBN Gov. Sanusi Lamido Sanusi informally responds to article “The real cost of fuel in Nigeria. By Izielen Agbon Izielen”
I read the article and I will explain. First the cost of a litre of oil to nigeria being an oil importer is the cost of buying that litre on the market. You can easily check that by asking how much a litre of oil costs in Benin or Cameroon or Lome or Dakar, west African countries that import oil.
The fundamental flaw in the article, which by the way is excellent, is that it talks about cost of PRODUCTION and not economic cost. Let me explain.
Continue reading “CBN Gov. Sanusi Lamido Sanusi informally responds to article “The real cost of fuel in Nigeria. By Izielen Agbon Izielen”
I set out to pay this tribute to the “Igbo Nation” on Facebook, as my last respect to Dim Odumegwu Chukwuemeka Ojukwu. I wanted to highlight the myths about this great man, his people, his vision, politics, love for beautiful women, and his legacy, as seen from the eyes of a Yoruba man, who as a toddler could not understand why brothers were killing themselves, and now as an adult, still cannot understand why brothers are still killing themselves while their rogue relatives continue to steal blue and black.
Continue reading “Bye Bye Ikemba. My Tribute to a misunderstood Nigerian”
I got the news late on Boxing day. It happened when In the spirit of the season, I called a friend (in deed) to exchange more of pleasantries that gifts. The TV came through the phone. I asked what the excitement was. On the eve of Christmas 2009, a 23 year old Nigerian boarded a KLM flight in Lagos, that will take him through the busy Amsterdam Schipol Airport and then to Detroit, the one-time Automobile manufacturing capital of the world. He bombed an American plane on American soil. Who? How? Why? The friend could not answer my questions?
Continue reading “The making of additional Farouk Mutallabs”
Like a forceful gale, Obama did not only achieve stardom in America, he now rules the world!
Americans in their tens of millions, recognized the latent talent of the Senator turned President – Barack Hussein Obama. They defied all odds to ensure that they elect the one who brought hope while they languished under the rule of the clueless Bush, with the message – “Yes, we can!”.
I watched the precision election collation process from my hotel room in Cairo, the “too close to call, and then the calls, …. the fall of Florida and then the gracious concession speech by John McCain. What finally drew the tears from my eyes, was when I saw Jesse Jackson drop tears, in celebration of the accomplishment of his compatriot. It was moving.
The celebrations in Nigeria must have made the celebration in Kenya, or even Kogelo look like Child’s play. Very many Nigerians have consoled themselves with the assurance that there are quite a number of Obamas in Nigeria, who are waiting in the near time of tomorrow, to enact the American magic.
I decided to compile my list of the Ten probable Obamas in Nigeria. At the end, I came up with this list ….
Continue reading “My list of the Ten probable Obamas in Nigeria”
A careful survey of the top positions in Nigeria’s growing telecom market shows a declining involvement of Nigerian professionals in most of the key companies that operate in the market.
Perhaps one exception to the rule is the ever changing zain. Having executed the rename command a couple of times (celtel, Vee, vodacom, Econet etc). Zain Nigeria is run by Adebayo Ligali.
Continue reading “Dearth of professionals or what?”
Ghana has made history again … Voting the opposition party into power. Congratulations to the never say die Professor John Atta-Mills who contested twice against the incumbent, and lost. This is his third attempt at the Presidency, and JACKPOT. Continue reading “Ghana Marches on, while Nigeria falls into deeper slumber”
The Nigerian Tribune of 1st January 2009 gives an insight into the types and minds of the leaders we have (s)elected in Nigeria.
Permit me to zoom-in on two of such leaders.
Continue reading “3 Governors and their New Year Messages”