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Showing posts from August, 2016

WAY OUT OF RECESSION(2), BY: ROSELINE FADUPE

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Instead of President Buhari seeking "SWEEPING POWERS" to induce the economy towards recovery, can he just listen to Rosaline Fadipe here ehn? Jack Obinyan-Obaseki... you hear?  Rosaline Fadipe 's suggestions - Attn: Jack Obinyan-Obaseki  1. Lower Interest Rates, they have at the beginning of this month, been raised by another 2% that in itself, is spiraling us further into hyper-inflation.....and at the same time lower Uncertainty with Uniform and gradual Policies, as Businesses are sitting on piles of Cash due to our CBN Governor constantly tinkering with our policys and no clear Strategy......and have proper Corporate Tax reform so we can woo foreign Businesses back. 2. Inject money into the Banks(or purpose tailored Funding Institutions) i.e. Quantitative Easing..... as Chino Obasi suggested, but give strict guidelines for Lending and any Bank branch that flouts the guidelines should have its Branch Manager sacked immediately..... 3. Lending preferences sh

PEOPLE'S DEMOCRATIC PARTY: THE RISE AND FALL OF AFRICA'S MEGA PARTY.

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His Royal Majesty Muhammad Sanusi II the sartorial Emir of Kano arrests my attention everytime he gives a public speech. Not only am I captivated by his melodious accent and flawless diction, I am enthralled by the common sense in his submissions. In a celebrated lecture he gave to a group of youngsters titled ” overcoming the powers of vested interests” while he held sway as Governor of the Centrla Bank, Sanusi said ” when you see a man whose throat has been slit lying by the roadside, it will be a mistake to say the man died. No, he didn’t die, he was KILLED” Common sense is not therefore the exclusive preserve of a broken record sitting in the red chambers of the National Assembly. The dominant topic today is the fate that has befallen the once all conquering political omnibus called the Peoples Democratic Party. As a foundation staffer of this fallen giant, I deem it worth the while to contribute to the debate or if you like, the postmortem analysis of the PDP. That the PDP ha

SURVIVING ECONOMIC RECESSION BY: REMI ADEOYE

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Remi Adeoye by the right Period of economic recession like Nigeria is witnessing now is a period of general economic decline and is typically accompanied by a drop in the stock market, an increase in unemployment, and a decline in the housing market. Generally, a recession is less severe than a depression. I have given long and hard thought to what this portend for the average citizen on the street and without bogging you down with technical jargons, I wish to share with you some survival strategies in this difficult period. First, let us note that income by way of salary may become irregular and the purchasing power reduced due to inflation (increase in cost of goods and services). The situation is therefore one of double jeorpardy. Where savings exist they must be conserved to last as long as possible. This can be achieved by totally eliminating waste in expenditure and postponing whatever spending that is not critical to survival. Second, expenditure must be prioritized

AGRICULTURE IS NOT THE SOLUTION: BY SIMON KOLAWOLE

Anytime I hear Nigerian presidents, ministers, governors, economists, analysts and commentators declare that agriculture is the alternative to oil, and that the solution to Nigeria’s economic woes is to return to the farm, I am tempted to jump up and ask at full volume:  “Who agriculture alone don epp?” Some states have hilariously declared work-free days for civil servants to go to the farm. It would be nice to see those farms and how well the emergency farmers are doing. We’ve been told again and again that agriculture, as Nigeria’s biggest employer of labour, is the magic solution to unemployment, that we will export agricultural produce and earn plenty forex. Well done. I’ve been hearing this fairy-tale all my life. When I was a primary school kid, Lt. Gen. Olusegun Obasanjo, then head of state, asked Nigerians to tighten their belts because the oil boom would not last forever. He added drama by tightening his military belt on TV. He launched Operation Feed the Nation. My grandfat

OGUN ASSEMBLY APPROVES N5B AGRIC LOAN.

Ogun Assembly Approves N5BN CBN Credit Facility For Farmers August 20, 2016 in Ogun News Leave a comment The Ogun State House of Assembly has approved the state government’s request to access N5bn Commercial Agricultural Credit Scheme facility from the   Central Bank of Nigeria. The approval followed a letter from the State Governor, Senator Ibikunle Amosun dated August 2, 2016, titled: “Request for approval to access N5bn credit facility under the Central Bank of Nigeria (CBN) Commercial Agricultural Credit Scheme (CACS)”, which was read at the plenary by the Speaker, Rt. Hon. Suraju Ishola Adekunbi. The letter partly reads, “the State Government wishes to take advantage of the window availed to it by the Central Bank of Nigeria (CBN) in collaboration with the Federal Ministry of Agriculture for promoting commercial agricultural enterprises in the State by utilizing part of the funds approved in the 2016 approved Estimates on the Central Bank of Nigeria (CBN) Commercial Credit Sch

ACQUISITION OF PROPERTIES: THE CHALLENGES, SOLUTION AND USEFULNESS.

BEING THE EXCERPT OF THE LECTURE I DELIVERED ON 29TH AUGUST, 2015 ON "ACQUISITION OF PROPERTIES: THE CHALLENGES, SOLUTIONS AND USEFULNESS" AT THE INVESTITURE CEREMONY OF THE PRESIDENT OF ROTARY CLUB OF OTA...BY: OLUSEGUN OLUYEMO. Objective: The lecture highlighted the menance of the Land Grabbers, whose activities have been criminalised in Lagos State. I considered so many topics before I finally chose this topic “Acquisition of Property: The Challenges, Solutions and Usefulness. I deliberately chose this topic because of the preponderance of vexatious issue of “omo Onile” syndrome, which is tending to discourage a lot of people from acquiring properties. I am a victim just 3 days ago in Ijoko, just less than 2 kilometres away from this location. Three sets came to collect “owo omo onile” ( Omo Onile’s money) for sinking a borehole. A week ago, I have to pay another Omo Onile in Egbeda for the internal renovations of one of the properties we are managing at that axis. Yes t

LETTER TO PRESIDENT MOHAMMADU BUHARRI ON NATIONAL CARRIER.

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Akande Akin Sanyaolu President Mohammadu Buhari, GCFR State House FCT, Abuja. Your Excellency, Your excellency Sir, may the grace and peace of our Lord Jesus Christ be your light and guide over our Nation, Nigeria. Amen!! I started this piece with prayer because I know that your greatest challenge is not the problem you are facing in leading Nigeria but the way and manner to handle those you have surrounded yourself with to get the presidential mandate even though its God that gives power. My dear president, let me point to the fact that, my greatest desire under your democratic dispensation aside the welfare of Nigerians is to see that you resurrect the dead national carrier, Nigerian Airways. It was a glorious and memorable experience as a young boy in Ikeja in the late 80s and early 90s seeing the green eagle at the tail end of an aircraft in the sky. It gives me great pride to say I am a Nigerian but today, its like part of my happiness over Nigeria is missing.

ZIK HALL IS NOT EQUAL TO THE STUDENTS UNION IN AUTHORITY.

The students' Union is the seal of power of all uites and no hall of residence can represent that authority. When I was on campus when there was no substantive students union, zikites wrestle power with the then sutc despite the fact that they had had about four of their past chairmen as the chairmen of the sutc but started raging hatred against the sutc when they lost out in the number one position to another hostel. Funny, I have started reading same attitudes exhibited by the zikites of those period now that the union is substantive and you don't have a zikite as a leader/the president. No power of hall of residents chairmen or chairpersons equate the power of any students union president and so I am submitting that power struggle between zik and the union should stop. Learn to follow the elected representative at the union level even if he is not from zik. This is not to create disagreement among students but to put a stop to this inferiority among uites when zikites

WE ARE ALL NOT CORRUPT: WAY FORWARD FOR NIGERIA.

No matter how abundant a Nation is, if the leaders live in extravagance, the wealth of the Nation will dry up and the people will bear the pain whilst the leaders enduring to survive with the wealth they have stolen in times of national abundance.- Akande Akin Sanyaolu. Many a time, daily, I get angered over the continued effort of this government to ensure that the blame of our present economic situation be shifted on gej alone. Was GEJ the only leader in Nigeria? Did he run the government alone? Think about it, the adjudged smallest states in Nigeria, like Lagos and Bayelsa, are bigger than Republic of Benin in land mass and population. Are they not equal to a Nation ? All states in Nigeria have governors who one way or the other in their microcosm unit have almost same power as the president of Nigeria and they are the commander of their respective States. The whole governors in Nigeria during the financial rainy era of GEJ received an equivalent measure of allocation from the sh

USEFULNESS OF GINGER

HOW GINGER DESTROYS OVARIAN, PROSTATE AND COLON CANCERS – BETTER THAN CHEMOTHERAPY! BY ADMIN · AUGUST 15, 2016 Ginger is a part of the natural medicine for centuries. In fact, this powerful root is used to treat many diseases because of its numerous medicinal properties. Even modern science has recognized the health benefits that ginger provides. Among long list of healthy nutrients (which we explained in our previous posts) ginger also contains gingerol and UV protection ingredients which provide a whole circle of anticancer compounds, as found in a study published in the Journal of Food and Chemical Toxicology. Numerous other studies have also confirmed that ginger is very effective in killing cancer cells in the prostate, ovarian and colon cancer. In addition, some believe that the anticancer properties of ginger can be even stronger than chemotherapy, writes this portal. Ginger kills prostate cancer cells The US study, published in the British Journal of Nutrition, found that