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Showing posts from October, 2018

Nigerians, there are alternatives in 2019 - Part 3, How did we become the poorest people on earth.

In the last 15 years, over 1 billion people were taken out of poverty because of the intentional effort of UN and countries where poverty was endemic like India. However, in sub-Saharan Africa, countries below the Sahara desert like Nigeria, poverty has increased within the same period. Nigeria has taken the first place from India as the country home to the poorest of the poor. How did this happen? Should Buhari continue to blame the previous administrations or it needs to carefully look inward? Here is my take. Buhari's failed economic policies created millions of poverty-stricken Nigerians (87 million people strong) in a space of few months that he became the president. If you live below $2.10 a day, UN classifies you as living below the poverty line. There are over 87 million Nigerians living on less than $1.90 a day (which equals (< N20k a month), this made Nigeria number one among countries home to the poorest of the poor. How did this come by? Let us use what bec

Buhari and Atiku, APC and PDP - Birds of the same feather

A friend of mine wrote on Facebook "I personally will do my bit to ensure Atiku never becomes the president of Nigeria". Here is what I reasoned based on his statement: What APC is doing right now is that they are building on that legacy of waste set by the previous administration, and they are out-performing them on every index. APC's government in 3 years has out-performed (in the negative) PDP in 16 years, when you look at the indices of growth which have declined under the current administration: debt accumulation, state of the economy, division among our people, election rigging, corruption, significant reduction in foreign investment, high rate of unemployment, lack of security of lives and properties, same and even worse power supply, to mention a few. How can an anti-corruption government justify N13 trillion debt in 3.5 years compared to N6 trillion in 16 years of PDP (even when you factor in the devaluation of the naira, that is still humongous - N13 trillio

Nigerians - there are alternatives to two old bags in 2019, let us consider them - Part One

Has any economist in Nigeria quantified the immense damage Buhari's pedestrian attitude and economic policy did to the Nigerian economy? The free fall of the naira caused catastrophic loss to the financial sector; the purchasing power of an average Nigerian diminished over a period of few months due to Buhari ineptitude in office. A Professor earning N450k/month could exchange his salary for about $2,700 before Buhari, today, he can only get $1,200 from the same amount. That is a 55% loss in purchasing power - imagine such professor planning an overseas' trip, how useless his salary would be today. The same thing goes for imported goods due to devalued naira - that is why rice is so expensive, and why a lot of imported goods are expensive. We did not know what we were asking for when we said people should consider Buhari in 2015 - he was a better alternative to a president that just rationalized corruption as a way of life he is comfortable with. Buhari ran the Federal ministri

Choice about gay life - Leave our children out of this - it is for adults

The issue of sexuality and sexual orientation should be left to adults and not to children. And no one has the RIGHT to force his or her own view on sexuality on others, irrespective of the side of the divide you are. The backlash of the leftist activists (mostly Democrats) who made concerted effort during the Obama era to erase ALL possible religious believes - definition of marriage, Christmas becoming holiday, removal of Christian symbols from schools where they have been for decades and sometimes centuries; zero tolerance for anything christian religion. No wonder the evangelical church and conservative support a candidate who has no likeness of God but promised them protection from the leftist position and encroachment and a forced change through enactment of laws that supports leftist positions. What is happening in British Columbia, with SOGI 1 2 3, where children are fed alternative truth about gender identity is dangerous and can be counter productive - in