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Showing posts from January 12, 2013

HOW DID WE GET IT WRONG?

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Let me start by wishing our numerous readers a happy new year. Either the government likes it or not this year will be better for us as a nation. At about this time last year, the subsidy crises was the order of the day; I don’t need to remind you that the whole of that year 2012 was packed full of policies, decisions and misappropriation of priorities   by the government that is still making some of us wonder if these people actually knows what governance is all about. After the subsidy strike that almost crippled the economy in 2012, several committees were setup by the federal government to investigate claims by the NNPC, Minister of Petroleum, and the Central Bank that the sum of 1.73 Trillion Naira was paid out to marketers in 2011 as subsidy claims. Like most other committee reports in Nigeria, the findings of some of these committees were swept under the Carpet; prominent among them is the “Farouk Gate” scandal where a Notable business man and oil magnate Femi