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 →

A TRIBUTE TO LATE MRS ENITAN ADEBAYO-DOHERTY

Let us acknowledge that till the last moment she yearned with nostalgia for Lagos (and Nigeria) that was at peace with itself not a city or nation which keeps churning out in large numbers – an underclass of the jobless and the disillusioned who have resolved that if they are not good enough for our … Continue reading A TRIBUTE TO LATE MRS ENITAN ADEBAYO-DOHERTY →

TRIBUTE TO CHIEF (DR) M.A. MAJEKODUNMI CFR; CMG (Former Minister of Health, Federal Republic of Nigeria)

For the first time ever, he had no message for me to pass on to the powers that be. What pained him most was the realisation that this is not the same country for which he and his generation strove to build on the tabernacle of justice and fairness. Bashorun J.K. Randle … Continue reading TRIBUTE TO CHIEF (DR) M.A. MAJEKODUNMI CFR; CMG (Former Minister of Health, Federal Republic of Nigeria) →

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 →

What Makes Countries Rich or Poor?

Gary Knight/VII Women in Darfur returning from Kutum market to the Fata Borno camp for internally displaced persons under the protection of African Union soldiers, January 2007; photograph by Gary Knight from Questions Without Answers: The World in Pictures by the Photographers of VII. The book has just been published by Phaidon. The fence that divides … Continue reading What Makes Countries Rich or Poor? →

THE PLACE OF THE NIGERIAN YOUTH IN NATION-BUILDING

To overthrow oppression has been sanctioned by humanity and it is the highest aspiration of every free man. Nelson Mandela Image via Wikipedia In 1985, IBB was the President of Nigeria, and students then were told that they were the leaders of tomorrow. Twenty-five years later, the same man said unequivocally in an interview with … Continue reading THE PLACE OF THE NIGERIAN YOUTH IN NATION-BUILDING →