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With globalization, banking turned into a Ponzi scheme. Like any other Ponzi scheme, bankers were the predators and investors the victims. And in favor of the predators government rigged the game...
The political and economic ruins the military left behind when handing over to civilians still have their ripple effects on the country even more than a decade after the soldiers left the scene. The poor state of our democratic culture is demonstrating that...
Men of thumos do wrong not out of wickedness, but, of course, out of immature arrogance. It is the thumos in them that prevents them from having feelings for the weaker members of the society...
Since its discovery some 150 years ago, oil has never stopped ruling the world. Just like money, oil has brought both affluence and quandary to the world. While it turned some once forgotten parts of the world into economic centres of the universe, it also turned some others into irreparable desolate lands...
If we agree that the best way to lead is to lead by example, we should then agree that in this mother of all sacrifices, the Presidency and the National Assembly should lead the sacrifice by making their financial recklessness a thing of the past...
To win this impending battle against both our foreign and domestic imperialists, we should all support the ongoing government efforts. That is the only we can expect these enemies of Nigeria to be defeated...
Notwithstanding capitalism's inherent unpopularity because of its widespread weaknesses, such as a history of instability and a desire to create inequality between those who succeed and those who fail, it was able to defeat its archrival - communism...
After more than five decades of an oil dependent economy, Nigerians have now come to the painful realization that their country is embarrassingly among the poorest countries in the world...
By Akintunde Adewoye
Power is not just a tool to...
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