Ajimobi’s game of thrones

  In a move that has generated widespread controversy, Governor Ajimobi of Oyo State, aka The Constituted Authority, recently embarked on a “judicial review” of the 1957 “Ibadan Chieftaincy Declaration”.  In this new arrangement, 11 high chiefs of the Olubadan-in-Council, along with 21 others previously known as Baales, have now been vested with the so-called…

Bad Samaritans: the Guilty Secrets of Rich Nations and the Threat To Global Prosperity

Author: Ha-Joon Chang Publisher: Random House, 2007 276 pages. You’ve probably heard the Gospel of Free Market: if a country wants to break the cycle of poverty and achieve economic growth and prosperity, it should deregulate, open up its market, welcome investors, and unleash the power of the private sector. Nationalisation is anathema; protection is…

Why restructuring matters

The debate about the restructuring of the Nigeria has generated a wide range of responses from all sections of the Nigerian society. Former military dictator Ibrahim Babangida is among latter day advocates who have joined the chorus for restructuring of the Federal Republic of Nigeria. In short, restructuring is the new fad in town. Understandably,…