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By Dele Sobowale FG budgets N1tn for empowerment, SUVs amid rising borrowing pressure – Report, July 27, 2026 Veterans monitoring the formulation and execution of annual budgets can honestly admit one truth. Military regimes were more disciplined. Every annual budget ended on midnight December 31 of the year. Funds not spent by that time were returned to […]
The post FG: Budgeting or barefaced robbery? appeared first on Vanguard News.
“Economic policies should be assessed based on their impact on the welfare of citizens. Any economic policy that does not improve on the welfare of the people is inherently ineffective.” Emir of Kano, Alhaji Muhammadu Sanusi II, July 16, 2026. Tinubunomics, based on HRH Sanusi’s measure of economic policy effectiveness, has, so far, been a resounding failure […]
The post FG alleviating poverty with propaganda, by Dele Sobowale appeared first on Vanguard News.
By Dele Sobowale Most Nigerians are being fooled right now, as they often are, by the Federal Government; with regard to the monthly allocations to states. Unfortunately, because the hands of many of the State Governors are not clean, they are allowing the FG to blame them unjustly for overall poor performance. Granted, there are a […]
The post Don’t be fooled, states are not richer appeared first on Vanguard News.
Everybody is paying more for goods and services than ever before. The FG and States of Nigeria are not exempted from the ravages of inflation.
The post Don’t be fooled, states are not richer, by Dele Sobowale appeared first on Vanguard News.
By Dele Sobowale It is another election year; and suddenly, “free” money is being given at every convenient gathering. Givers, usually politically exposed individuals, call it empowerment; their paid megaphones in the media hail the altruism and, naturally expect widespread gratitude. Those of us, who have experienced this sort of grand deception before, know the truth […]
The post Why akara and kulikuli trap always succeed appeared first on Vanguard News.
By Dele Sobowale Trust Nigerian leaders and My Fellow Citizens (“I am beginning to wonder how many fools it takes to make the term ‘My fellow citizens”, Honore de Balzac, 1799-1850) to leave undone what should have been done decades ago; and then to rush out to do it without considering one of the most important […]
The post Economics of state police: Matters arising appeared first on Vanguard News.
By Dele Sobowale If it takes a whole minute to produce a fool in America, then Nigeria must be bringing them in at the rate of one a second. Nigerian politicians operate on the Barnum principle. Depending on who is dishing out the false dream, most Nigerians will believe anything. Trust politicians and their creative advisers. Every […]
The post Illusions of $1trillion economy soon appeared first on Vanguard News.
By Dele Sobowale A totally truthful politician is an oxymoron; a contradiction in terms. Dissembling apparently is indispensable to the profession — notwithstanding the fact that most of them ensure that they are seen praying!! The war in Iran is coming to a dreary end. It has cost everybody in the world trillions of dollars […]
The post Truth about Tinubu’s economic performance 2023 to 2025 appeared first on Vanguard News.
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.