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Showing posts from December 8, 2014

POLITICISATION OF DECLINING OIL PRICES

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By Olusola Daniel   Over the past few days, I have read and listened to various discussions about the state of the Nigerian economy, and it is disheartening to see some supposed opinion leaders feeding the public with half-truths or blatant lies all in a bid to achieve their sinister objectives. One would expect an issue as crucial as this to be taken with all seriousness rather than being used as an opportunity to score political points while launching ill-advised missiles at well-meaning public servants. Like King Solomon said in the Holy Writ, sensible people foresee trouble and hide from it, but gullible people go ahead and suffer the consequence.

WHEN SAVING IS ILLEGAL

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By  Issachar Odion I am no economist. Then again, neither are a whole lot of the people who have written or spoken in recent times on the economic issues prevalent in our nation today. We are, however, stakeholders; after all, it is our country. We live here, earn a living here; our children attend schools here and what have you. Even those of us who are not resident in the country have family members who are, and probably some investment or the other here. So, we are all stakeholders. Since the first alarm was sounded on the falling prices of crude oil, many of us have been following the news ardently, silently hoping for a reprieve of some sort. It has been several weeks since the first news broke, and though several actions and reactions have taken place since then, the narrative of the general populace has not changed; we are still in the ‘finger pointing’ phase. Two points arise from this phase which require that we take a look at the facts before us critically rather