Below is a transcript of a thread shared on twitter by Feyi Fawehinmi about the Nigerian bond market and how a country develops or fails to, or even reverses course. I think it contains many lessons for us and I decided to share them here. I’ll repost his tweets with minimal edits/comments. Thread reads: I […]
Tag: government
The Peril of Trump’s Steel Tariffs
There’s a reason I don’t much like governments. Power corrupts, as they say and so the more powerful your government the more it’s power can be corrupted and exploited by those who can control it to the detriment of those who can’t. Nowhere is this more obvious than in the administration of Donald J Trump. […]
How Globalization, Feminism and Capitalism Contribute to Income Inequality
Inequality has been the political problem du jour for a hot minute now. Apparently the growth in wealth in the top earning capital class has been soaring to stratospheric levels while middle class incomes have stayed flat or trended down. And just like any problem, what has been thrown its way has been either platitudes […]
Should Nigeria Sell Assets?
I maintain that it’s evidence of bad governance when every economic decision is beaten to death on the streets, news, social media and everywhere before it is taken. It’s a sign that a government either has no clue what the right decision is or they care too much about their popularity. The thing is, when […]
On Nigerian Development
I just want to share some thoughts on my mind about Nigeria and our efforts at development. When it comes down to it, development, while masquerading as economic is not quite that. A sufficiently developed country becomes a civilization. It evolves rules, institutions, cultural touchstones and all of these shapes the citizenry, with spillover effects […]
#SaiBuhari: My 5 Main Reasons for Supporting GMB
Come February 15th, Nigeria will either reelect Goodluck Jonathan for another four years, or elect General Muhammadu Buhari as the new President of the Republic. It is my sincerest wish that the latter outcome is one we end up with. There are solid arguments to be made for Buhari’s presidency, some of which have been […]
Much Ado about Oil Revenue
So since this year, the price of crude has fallen from around $110 to $79 today. About a quarter of OPEC is going ballistic, another half are shifting in their seats while the minority are wearing a poker face and calling the world’s bluff. Non-OPEC countries have taken a lead in oil production for a […]
