Nigeria, in the pursuit of investment aligned itself with the interests of multinationals and big businesses at all costs. We developed a system, at the expense of citizens, which aimed to smooth out all the challenges that their domestic competitors were facing. We offered a

Throwback to when I live-tweeted first PMB budget speech of second term, & also last federal budget speech before Covid hit the planet. What a year 2019 was: Aug/Sept 2019, inflation was ~11%, FX reserves $42B, H1 Capital Importation $14B, year end $24B. Then 2020 happened!

Socialism is not pouring the commonwealth into the pockets of oligopolies and monopolies in the name of subsidies. The sooner we recognise both as just different faces of the same capitalism, the better.

Orekelewa Capitalists love socialism but only for themselves.

I think this may have more to do with the price implications of volume but I’m also curious.

In this week's Economy and Politics programme, watch as Dr. Ayo Teriba - CEO, Economic Associates tasks the Nigerian Government to leverage its assets to unlock liquidity. Watch full video here: Official Website: proshare.co/articles/niger… YouTube: youtu.be/YEmUVseyAzY Cc:

Dauntless Capitalist Orekelewa Privatize profit and socialize cost

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Not me misreading the handle and thinking this was Suya. Spent the whole time wondering where the cabbage was and when they got so lax with onions again.

How do you evaluate when you’ve destroyed the fledgling method for assessing it?

If anything, this Dangote Refinery/FX matter has given me a hilarious window into the Nigerian imagination.

Sharing this again because I was focused on something else the last time. When we temporarily removed subsidy in May 2023, our TOTAL refined product imports fell by almost 50% (from ~425k bpd or 68 mln bpd to ~225k bpd or 36 mln bpd). Our modular refineries add ~5 mln liters/d

Those industrial hubs were fed by imported raw materials. We’re still in that crisis today.

Imagine if, instead of deciding - on behalf of all of us, including those who can’t even directly access it - that cheap PMS at the pump is what every single Nigerian needs and that the nation’s future can be thrust into uncertainty to achieve this, you found the people in

No matter how much western education you have, if you don’t have knowledge of self, of your roots, then you have no education.

I find it fascinating how much people on here think they know about me. It’s cute really.

People will invoke their version of The WestTM to shut down points about development in Nigeria, and then when you give them a reality check about the cost of goods, services, taxes and governance in the West, suddenly it’s “how can you compare Nigeria to the West?” We all know

I’m lost, you were in fight or flight while the joke was made, and then also after the joke was made when you didn’t edit it out and put it on your channel, then for ages until people noticed it and brought it to light?

Let me breakdown why and how this is very important for Nigeria. Sometime ago, I wanted to lease a couple of aircrafts for a client. Built a model, estimated the leasing costs which is typically a % of the market value of the aircraft, gathered regulatory requirements etc.

— Ursula k. Le Guin