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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
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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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
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
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
And my people shall not be slaves in their land Adebayo Alonge Solutions Ideator Does Nigeria have any reason being poor? It is the consensus that she is blessed with what many other nations lack- talented people, a burgeoning population, an advantageous demographic, clement climate, abundant natural resources and cultural diversity. She has access to … Continue reading ENDING POVERTY IN NIGERIA
Viewer discretion advised. How long this scourge? How long?
Lagosian taking free ride on the Third Mainland Bridge, Lagos at great risk to life and limb on Friday, 30th March, 2012 at 8.32pm.
A sad reflection of the poor socioeconomic state of the Nigerian people.
Those who are considered rulers over the gentiles lord it over them and their great ones exercise authority over them The Holy Bible The face of leadership in Nigeria is that of fear and impunity. The people fear their leaders and the leaders despise their people. This is so whether it is in the … Continue reading REDEFINING LEADERSHIP IN NIGERIA
The Boko Haram crisis is worsened by lack of collaboration among security agencies, by failure of government to deliver justice and immediate relief to victims and by failure in the gathering and deployment of intelligence to forestall attacks (paraphrased). Ambassador Othman Gamji Galtimari Chairman Presidential Committee on Security Challenges in the North-East Origin The … Continue reading Solving the Boko Haram Menace
