Nigeria Air and the ancient scam

Image result for nigeria airStill on Nigeria Air …. Let us connect the dots and draw the lines!

I am not saying it is a scam, Nigerians cannot be scammed.
I am not saying it is not a scam, PMB may not be aware.

I am only saying that “what we know about what exists” and “what we do not know about what does not exist”, …. may tend towards the usual and now perfected privatization scam

Remember how we ended up with NITEL, TRANSCORP, GENCOs and DISCOs? We were scammed! (more…)

Nigeria Air: Not another Airline, but develop the sector

Sadly, we, and government in particular, often conflagrate the establishment of a single firm with the development of a sector.

No doubt Aviation is an important part of the transport mix.

However, it is not a priority in an economy where trunk and feeder roads are impassable, the bulk of the railway system is moribund and waterways not navigable.

Our transport mix must first ensure we can move onions out of Kebbi, Rice out of Badeggi, fruit out on Vandeikya, Yams from Otukpo, Tomatoes from Kano, Palm Oil from Ohambele and so on, this is more useful to the economy than  airlifting relatively elite passengers between cities such as Abuja, Porth Harcourt and Lagos. Aviation is important just not a biting priority for limited government funds. (more…)

The United States of Israeli West-Africa

I woke up to a very Interesting perspective on the “taming of the shrew” and the various diplomatic blunders and brohaha around Naija and the American Embassy in Jerusalem.
 
As a secular nation, there is no doubt that we are deeply divided along ethnic and religious lines, with deep social, economic and political interests at play.
 
A couple of issues to tie together the matters, for those who have the time and responsibility to dig deep into the afflictions of Nigeria.

(more…)

Curbing cattle rustling and insurgency

A couple of these killers in Nigeria are cattle Rustlers.Image result for Fulani cattle

If I had the opportunity to advise the President on the use of ICT to stop these killings, I will propose that we brand cattle with easily identifiable numbers, then later tag them with some RFID technology, but soonest.

In essence, a National Cattle Database. This will equip the police, Vet officials and those who need to know, the means of identifying stolen cattle just like you can now identify fake drugs.

Rustling will reduce extensively, we will be able to create and enforce some form of cattle tax, and probably open a more meaningful dialog for cattle ranching. We will have solved many problems, taking a very small step to start.

We must be pragmatic and stop sulking. We should not under-estimate the economic importance of cattle and its influence on the current level of conflicts in Nigeria today.

Go ahead, tell the President, Thank me later!

Change, for the sake of Change

Image result for Nigerian Voters cardLet me drop my resolve here, on the documented aggressive adventures of the Honourable Minister of Communications, Barr Adebayo Shittu.
 
There is still hope for President Muhammodu Buhari, and probably the APC, if the Hon. Minister apologizes for saying Owoyele Sowore is “inconsequential” on air.
 
Why do I think so?
 

(more…)

PMS Deregulation: Buhari’s unfulfilled promise

According to the Fuel consumption Statistics [1] published by the Nigeria Office of Statistics, the average daily consumption of PMS in Nigeria is between 41m and 52m litres per day. This was the statistics in 2016. It means that the total Annual consumption will be 365 x 41m, ie 14,965million litres, or simply put, 15Billion litres per year. The figure has now risen to 55m litres in 2018 [2].

At the current retail price of N145 per litre, it means the total annual expenditure of Nigeria on PMS is N2,169Bn or N2.1Tn. Is is therefore disturbing to read in the news that Nigeria spends N774m daily on fuel subsidy [3]. (more…)

The Aka-Ikenga of Osun State

In the news, the upcoming coronation of the indefatigable “Aka Ikenga of Osun state”.
 
From a beaded crown perched on his “omoge” aka Olori [1], to blings blings on trademark faded rasta jeans in the palace [2], then the pre-vote-of-thanks scuffle with the Ooni of Ife [3] and now a Coped Arabian Sultanate [4], There is no dull moment with the Oluwo of Iwo and his nice and accommodating people.
 

(more…)

Judicial Commission of Inquiry into the Ajaokuta Steel Rot

Image result for ajaokuta steel companyA Judicial commission of inquiry into the rot that is the moribund Ajaokuta steel company, openly televised like the famous Oputa Panel, will be a clear proof that President Muhammadu Buhari is determined and committed to fight the hydra-headed monster called corruption.

This is necessary in the light of the testimony of Ms Hadiza Natasha Akpoki to the House of Representatives, currently investigating the circumstances around the concession of the Ajaokuta Steel complex and the Itakpe Iron Ore plant. (more…)

Our lying, Ineffective Media and the Gullible Nigerians

Image result for Tunde BakareThe mainstream media quoted pastor Tunde Bakare of having said … “Anyone who knows the true state of things in Nigeria will weep for the country…. If you truly know the truth, you will weep, if you know how much we are owing as a nation, you will weep. For 16 years of PDP they borrowed N6 trillion, for three years of APC, they borrowed N11 trillion… And they are not going to pay the debt. You and I, and our children, and our children’s children will pay the debt, unless they write them off again.”

(more…)