Tuesday, 22 October 2024

Imaginary forces of selfish, greedy, and cruel market

Back to the point we've all along been making, viz: That the idea of completely leaving the market to the free reins and vagaries of extreme market forces is dangerous for our economy.

This is because the imaginary forces of the market can be extremely selfish, greedy, and cruel. Even Adam Smith (1723-1790), the father of free enterprise, argued for the pursuit of free market system under condition of equity and justice towards public good.

If we had thought that, by floating the Naira, it will not sink under huge commercial pressures of the market but it's sinking as it were, it's high time we reduced the free hands of the topsy-turvy market.

#stopfloatingNaira #forex #exchangerate #CBN #Nigeria

Subsidy is an essential lifeline

Subsidy is the food, water, and oxygen of the people and the industry. They eat it in Arabia and Asia. They drink it in Africa and the Americas. They inhale it in Europe and the rest of the world. More than any other place, multi-dimensionally poor Nigerians in their millions need it for their personal and business purposes!!!

Bolaji Oladejo
#bringbacksubsidy #foodsubsidy #fuelsubsidy #electricitysubsidy #transportsubsidy

Sunday, 20 October 2024

Nigeria: Disappointing Dividends of Democracy

What do we understand by the acronym DDD in Nigeria? With respect to the governance enterprise of the Federal Republic of Nigeria, DDD stands for Disappointing Dividends of Democracy.

Talking about DDD, there’s a new book waiting for you in bookstores. This book believes that Nigeria’s party democracy has been enriching party politicians and their collaborators but has been yielding disappointing dividends of democracy for ordinary stakeholders.

With the goal of building, by 2035, a progressive society of servant leaders expanding good governance with rule of law, inclusivity, transparency, accountability, integrity, equity, merit, effectiveness, and efficiency, the book proposes restructuring of the country’s governance systems at all levels. This includes introduction of stakeholder groups and assemblies to replace political parties, diffusion of powers, devolution of powers, fiscal federalism, part-time legislature, establishment of Council of Presidents comprising six zonally-elected vice presidents who will rotate power as president, election of a prime minister who will share power with the president, and corresponding reforms at the sub-national levels.

The book uses some light poetic style in some of its sections to motivate stakeholders to arise and collaborate within extant laws to actualize the desired developmental change.

Humbly presented to you below is the book:

Get copies for yourself and others!

* Digital version available on Apple BooksKobo Books, Barnes & NobleAmazon, and many other online channels.

* Print version available from Lulu Books and directly from the author:
Phone: 234-8037052524
WhatsApp: 234-8059659211
E-mail: bolaji_oladejo@yahoo.com

#Nigeria #nigeriansindiaspora #nigeriansinusa #nigeriansinuk #nigeriansincanada