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Showing posts from September, 2012

TYRANNY OF A NOTE... More than just N5000 naira note.

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As one not given to the intricacies of currency note other than the value and spending power that accompany them, not because am ignorant or lackadaisical about economic policies or because I am not more of an Economist as I am of an International Relations and Political Commentator, yet I am very worried about the denotation and connotation that can be justly deduced from the incessant and tyrannic disposition with which the Central Bank of Nigeria, spearheaded by it's Governor, is pursuing this "unpopular" course. Pardon my "ignorance" as I am a bit at lost at comprehending the justification of introducing/printing a higher denomination of a currency whose exchange rate/ purchasing power is declining. A currency that will cost a minimum of N40 billion to produce for the country that has an inflation rate of about 11.4% as at last check. Between is also the new gospel of a cashless policy which negates the need for a higher denomination. The question any la

REMEMBER 9/11... BEYOND TERRORISM

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Today, we remember thousands who lost their lives on the 11th day of September 2001 otherwise simply known as 9/11 terrorist attack . We remember many things, not just the twin tower crashing down from the two airplanes crashing into them, we unforgettably remember many things encapsulated in one single date ....9/11. Some will say, we remember 9/11 today with some comfort that justice has been relatively served while some will simply say justice in this case can't be aggregated but either ways, we still remember 9/11 and simply pause at the least and say a simple prayer R.I .P to the victims knowing it could be any of us. We remember Osama bin Laden, the twin towers, the airplanes, the wailing , crying of victims (audibly and immaginarily) and many more .... But today in a tiny little part of every sane & passionate Nigerian's heart, we remember 9/11 with an additional & slightly amplified perspective... We remember 9/11 with our own little twist, not only beacu