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Tuesday, February 07, 2006

Money Miss Road And Why We're Poor

Lles Leba On why the govt may be a money miss road

In order to restrain unbridled credit expansion without commensurate productivity and inadvertently cause inflation, the CBN, according to Professor Soludo, will be forced to intervene in the market and borrow back part of the cash it earlier injected, with the instrument of Treasury bills at a cost of tens of billions of naira!


Taiwo Akerele-Oziametu on Pat Utomi at 50

SUDDENLY, Pat Utomi is 50 years old today! How time flies? This is a man that some few years back was regarded as the Nigerian "whizkid" having bagged a P.hd at the "unripe" age of 26, becoming a Special Assistant to the Nigerian President at 27, still becoming unemployable at 32 having risen to the position of Acting Managing Director of a conglomerate at 29 years of age!


And Utomi on Why Nations Are poor


The point of these profiles in poverty is that the poor have varied characteristics. They are not only lumpen-proletariat. It is also about fact that invariably most of us are made poor because there are far many poor people among us. A collective will to drastically reduce poverty is therefore in the collective best interest.

1 Comments:

Anonymous olu benson said...

may we for a moment, reflect on the fact that, we have no other place in the universe in which our intelligence,and sense of what is beautiful and meaningful (in its different shades,but our one fatherland......let us join hands together and shine our light to brighten mankind !
OLU BENSON

12:55 am  

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