Even the most partisan amongst us will admit, without the blinders that those peculiar sentiments afford them, that PMB has neither the intellectual capacity nor the enlightenment and sophistication to meet the rigors of superintending a body politic as complex as Nigeria. 1/
And even in the fondest moments of their self conceit, they’ll concede that Nigeria is not presently governed.
Our age is modern, its currency technology. Wealth creation in the 21st Century requires a leader fit for purpose. 2/
But power produces a toxic high in Nigeria by which the lazy government-must-provide individuals who live at great public expense, the grifters and conmen and the poorest amongst us, i.e those afflicted with the poverty of intellect, swear by. 3/
And ravaged by the forces that have captured the state, Nigerians, in their destitution and hopelessness have time and again succumbed to their violators some of whom were dreadfully ill equipped to lead but were nevertheless presented as saviors. 4/
This type of delusional ideation brought upon by largely by despair and hopelessness have impelled a great many to cling onto these “saviors” as a drowning man is wont to a snake. 5/ END

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More from @ChifeDr

18 Dec 20
GROOMING
(For young men only)

I’m sorry if nobody taught you this earlier (if you were, great). Our own parents would not countenance discussing such a subject but I’m you OG and it’s important.

So, lets start with a simple routine: Shaving.
Not your face. The nether regions
1/
Do you notice that from time to time (perhaps every week or two) your lady disappears into the bathroom and spends an extended length of time there? No, she’s not calling another man. She’s shaving her legs and privates.
Do you shave yours? (No, no not the legs pls).
Why not? 2/
Do you know how stinky your balls and the area are? (hair traps odor). So here’s the thing: you need to clean up down there at least once a month Grab a shaving cream and razor, bend over, hold your thing with one hand for balance and start mowing- the balls and area around it
3/
Read 4 tweets
6 Dec 20
THE CBN’S NEW REMITTANCE POLICY.
The Central Bank of Nigeria (CBN) released a regulatory bombshell on November 30 mandating that all dollar remittances into Nigeria will be received in dollars only.

The circular:
cbn.gov.ng/Out/2020/TED/T…

It’s brilliant. Let me explain:
1/
The new policy means that ALL money transfer companies will now need to make completely different settlement rail arrangements.
Since all dollars transferred must be received by local banks only, they must setup and fund settlement accounts with the local banks. 2/
Whereas before they only needed to find a swap partner - a person or entity who will give them local currency and take their dollars offshore.
This meant the physical cash never made it into the country.

And this is the crux of the problem. 3/
Read 7 tweets
28 Nov 20
I believe “Eat the Rich” is a mere antique trope propagated to highlight the urgent need for action regarding the third member of the triumvirate of government’s traditional role, i.e:
3/ )To Promote Equality (the others are
1) Provide security 2) Provide public goods). 1/
Promoting Equality (for the purpose of social cohesion) has become a very important role of government and indeed an imperative in the last and present century since the introduction of technology greatly accelerated progress and at the same time reinforced inequalities.
2/
Regarding your essay on Karl Marx and Adam Smith, the essential difference between their philosophies hung on whether to accord capital or labor a greater of parity of esteem (supremacy) in the determination of value (Capital vs Labor theory of value).
3/
Read 27 tweets
29 Apr 20
IT’S TIME TO RETUCTURE AND GO REGIONAL
(Thread)

“This is the time for the country to start talking about going back to regional government and slashing all the costs of a federal system which it clearly cannot afford.” 1/
“A country with a developmental agenda cannot go anywhere with over 500 federal MDAs, 36 state governments, 36 state houses of assembly and a unrepresentative national assembly all financed by crude oil money.”(FN) 2/
I believe the above viewpoint (which now ought to be the prevailing sentiment in the country) represents the best opportunity out of Nigeria’s current difficulties. What makes it so? It’s simple. The country is broke and the prospects for recovery are not fair. 3/
Read 13 tweets
6 Apr 20
Dear young Nigerian men:
(Thread)
Your marriage is not your grandpa’s marriage. The woman you married is your equal. All that hard man talk and that other sh*t, that’s just boys-will-be-boys crudity. You’re now a man. Put it all behind you. Prove your machismo where it matters
1/
Cultivate a friendship and lasting bond with your spouse..and children. Get to know them (one advantage with the wife you’ll become a beneficiary of a secret sororal solidarity network which perks include juicy gossip- even Madiba was in on this, don’t play yourself).
2/
If you don’t have help in your home, assign yourself house chores (Living in America mine was a handy man and dish washer - you’ll find it relaxing). Must own a toolbox. The good news is that you can still go out and tell the boys how you’re the boss at home. She won’t tell.
3/
Read 5 tweets
2 Apr 20
NIGERIA: THE COVID-19 PANDEMIC AND ITS AFTERMATH
“To speak or not to speak”, might well be PMB’s prerogative nevertheless it is a red herring. The real and urgent debate Nigerians ought to be having is the possible negative economic impact of COVID-19.

A few prefatory remarks
1/
Overall, the COVID-19 impact on the advanced countries has been devastating.
And launching the 5th round of QE, it has earmarked $Trillions in the form of subsidies and intervention funds. Massive industry bailouts and expansion in social safety net programs likely to follow. 2/
The massive economic disruptions caused by COVID-19 pandemic worldwide is expected to continue into the near future.
Currently, the US has extended lockdowns until April 30, and the UK is projecting a minimum of 6 months for return to normalcy. 3/
Read 21 tweets

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