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By Dele Sobowale It was good news coming too late; but, better late than never. Edun’s appointment as Minister of Finance and later elevation to Coordinating Minister was the cardinal blunder committed by President Tinubu. It was all based on sentiments and the unchecked penchant for wanting to reward loyalists – even with appointments underserved. The Minister […]
The post Edun gone: Nigeria’s new lease on life appeared first on Vanguard News.
By Dele Sobowale One of the paradoxes of economics is threatening to create a food crisis later during the year. Last year January, escalating food prices dragged headline inflation towards 35 per cent. A 50 kilogram bag of rice was going for N80- 100,000 – depending on location. Governor Bago of Niger State was contemplating placing embargo […]
The post The sustainable food security trap appeared first on Vanguard News.
By Dele Sobowale Cardoso lacks Soludo’s charisma and intimidating stage presence. Criticism of CBN’s is not dismissed with scorn without a thought regarding their validity. He was either blessed with the humility to learn even from those who disagree; or he has acquired the attribute. Either way, the tendency has served him well. Skeptical critics, like me, […]
The post Cardoso living up to his promise – 2 appeared first on Vanguard News.
By Dele Sobowale “First we eat; then we do everything else” This alarm has become necessary because another warning published on this page, in January 2025, was ignored, at first, by governments. Disastrous consequences followed; resulting in delayed over-reaction by the Federal Government. This, in turn has precipitated a food price cycle – imports crashed […]
The post Worst food crisis looms in Nigeria appeared first on Vanguard News.
By Dele Sobowale “Wisdom in people consists of the anticipation of consequences” – Norman Cousins, 1915-1990, Vanguard Book Of Quotations, P274 “The road to hell is paved with good intentions” Until a few days ago, it would never have crossed my that I could be defending the Nigerian National Petroleum Company Limited, NNPCL, established to foster economic […]
The post Executive Order 9 will be counterproductive – 1 appeared first on Vanguard News.
This article could have been titled WHY BUHARI FAILED WOEFULLY or WHY TINUBU INHERITED AN ECONOMY ON THE BRINK OF COLLAPSE and any of those titles would have been apt. One of our former Sunday Editors forwarded a statement credited to an Emir who was once very close to Buhari when they were both in service. […]
The post why Tinubu is succeeding in turning around the economy appeared first on Vanguard News.