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
Growing Nollywood
Nollywood Nigeria's film industry is worth $590.2mn as at 2008. It is the second largest industry in number of movies produced after India's Bollywood and arguably is Africa's most successful non-mineral resource. It faces numerous challenges chief of which is piracy and the aim of this video is to proffer solutions to improving the industry's … Continue reading Growing Nollywood
adebayoalonge.wordpress.com: 2012 Annual Report
We have prepared a 2012 annual report for this blog so that our online community would know how we fared. We aimed to hit 20,000 visits and expand our reach to 120 countries in 2012. We achieved 18,000 visits and 112 countries. Also we have received several requests for partnerships from various individuals and corporate … Continue reading adebayoalonge.wordpress.com: 2012 Annual Report
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
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
FREEDOM OF MISINFORMATION [DOWN WITH THE NEXT PRESIDENT, WHOEVER HE MAY BE]
Bashorun J.K Randle image via aquilacapitalltd.com Here we are in the White House, arguably the most powerful institution in the entire world. President Barack Obama walks into the room and quickly makes his point – he is tied up in the preparation for the G20 in Los Cabos Summit 2012 in Mexico, right on the … Continue reading FREEDOM OF MISINFORMATION [DOWN WITH THE NEXT PRESIDENT, WHOEVER HE MAY BE]
FREEDOM OF MISINFORMATION
Bashorun J.K Randle image via jkrandleandco.uk The iconic English artist Damien Hirst offers no apologies for the grotesqueness of his paintings, sculptures and whatever comes into his head or is the product of his hands (or indeed other parts of his anatomy). He relishes whatever outrage his art provokes. As far as … Continue reading FREEDOM OF MISINFORMATION




