Where is Nigeria’s Thriving Middle-Class in 2021? The Youth Want to Know. A truism of economies is they thrive when they have a large stable middle-class. In the mid-2010s, one of the most aggressive facts promoted about the Nigerian economy was that it had created a large and thriving middle-class….
Tag: debt
Yankius
Yankius on The National Cake
Yankius on the National Cake. Windfall: Yankiokwa! Yankiokwa!!! Anytime you are this quiet we know you are up to something. Meanwhile, how is you, Boss? Yankius: Windokwa! The Windfall maker himself! Your potbelly has dwindled seriously. Otherwise, is everything okay? Windfall: Leave my stomach alone. I am curious. That bakery…
Corruption
“Coconut Head” Corruption
“Coconut Head” Corruption “There is no good name for a terrible disease” – Urhobo proverb. “The solution to Africa’s problems lie solely in Africa” – George Ayittey. Coconut Head Corruption (CHC) is a term derived from the vocabulary of George Ayittey. He is a distinguished U.S. based Ghanaian economist and is…
Corruption
Nigeria: Loans For Unsolicited Proposals
Nigeria: Loans For Unsolicited Proposals How can a so-called modern nation be perennially managed since Independence by way of “unsolicited proposals”? President Muhammadu Buhari came to power on the slogan of “Change” but he is still governing Nigeria unrelentingly with the instrument of “unsolicited proposals”. When loans are used to…