Category: Public Policy

North Korea’s declaration of war


The moves of the U.S. imperialists to violate the sovereignty of the DPRK and encroach upon its supreme interests have entered an extremely grave phase. Under this situation, the dear respected Marshal Kim Jong Un, brilliant commander of Mt Paektu, convened an urgent operation meeting on the performance of duty of the Strategic Rocket Force … Continue reading North Korea’s declaration of war →

What Way Forward For Africa’s Agriculture?


The World Bank estimates that, on current trends, sub-Saharan Africa will meet the MDGs in 2147 Source: http://www.stephenleahy.net Africa is the only region in the world where poverty and hunger are on the increase. The number of undernourished Africans increased by one million a year from 2000 to 2002, though the proportion of people undernourished … Continue reading What Way Forward For Africa’s Agriculture? →

The Wealth and Poverty of a Nation


I hope to stir up your collective effective angst at the indignity of your inheritance Oby Ezekwesili image from thisdaylive.com I am hugely delighted to return to my alma mater the great and only University of Nigeria to speak at your 42nd convocation. Twenty eight years ago I sat just like you those of you … Continue reading The Wealth and Poverty of a Nation →

RE (I):The Myth of Trickle Down Economic Policies


The article below is a response to the first comment from Wallesmit on the last post entitled- The Myth of Trickle Down Economic Policies A second response to his second comment will be posted soon on this blog, please be on the watch out. Click this link- The Myth of Trickle Down Economic Policies to read Wallesmit's first comment in … Continue reading RE (I):The Myth of Trickle Down Economic Policies →


You will find this very educative

wallesmit's avatareco215

Recently I got into banter with someone over the composition of Nigeria’s GDP and the result is this blog post. Just to be clear, GDP is the market value of final goods and services produced within the boundaries of a country. Often, this is a composite of several sectors grouped for statistical purposes into Agriculture (defined as sum-total of Crop Production, Livestock, forestry and fishing), Industry, Services, Building & Construction, and Trade (i.e. wholesale and retail). The graph below plots the components of Nigeria’s GDP in the 5 decades since independence in 1960.


However the above raw figures are unclear and not much meaning can be gleaned from them so I express them in percentages below

From the above, agriculture appears to have given way to Industrial GDP in the 1980s and all seems well – right? Wrong  exactly Industry is defined as sum-total of Crude oil/Natural gas, Mining activities and…

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The Myth of Trickle Down Economic Policies


We need to question how we reward value as a society. You cannot have so many billionaires and yet so much poverty and unemployment. What then have these billionaires created of value that serves to justify their wealth?  Dr. Makanjuola, Resident Surgeon LUTH, Lagos, Nigeria     image via mediafreedominternational.org      The IMF, World Bank, … Continue reading The Myth of Trickle Down Economic Policies →

MALI, SYRIA AND THE INEPTITUDE OF MULTILATERAL ORGANIZATIONS


The ineptitude of regional and multilateral organizations in resolving conflicts in member states and in protecting the rights of ordinary people globally has to end now. And this can be done if the member states look for sincere solutions Adebayo Alonge Solutions Ideator culled from yalibnan.com The conflicts in Mali and Syria have brought to … Continue reading MALI, SYRIA AND THE INEPTITUDE OF MULTILATERAL ORGANIZATIONS →

CONVERSATIONS OF A LIFE I: Insights from a Lagos Motor Park


Below is a conversation between two Nigerians in a public motor park somewhere in Lagos. As this author happened to be around at the time of the discussion he found the insights from a seemingly uneducated transport worker baffling and decided to share them on this blog. SA appears to be a highly educated young man and DKSN is … Continue reading CONVERSATIONS OF A LIFE I: Insights from a Lagos Motor Park →