Featured post

Crime Friendly

Image
  I n a society where justice and the rule of law prevails, the community leaders, members of the Landlords and Tenants Association, law enforcement agents(agencies), and residents of Olorunsogo, Molete, Molusi, Solanke, Oyegbami, Scout Camp,Aluko/Barracksand Felele communities in Ibadan, Oyo State, Nigeria who sponsored hoodlums wielding stones, matchets, and iron rods to attack and injure a resident of 3, Kehinde Aderibigbe Street, Olorunsogo, Molete ought to be brought to justice. Sadly, this is not the case. On Saturday, 23rd August 2025, acting on the instructions of some desperate and evil inclined family members, hoodlums' resident in the community broke into the apartments of 3, Kehinde Aderibigbe street, Olorunsogo, Mlete, Ibadan, Oyo state, Nigeria, vandalizing electrical fittings, damaging the windows, doors, toilet and kitchen facilities and carting away valuables running into millions of Naira. Interestingly, the residents, law enforcement and estate agents are complic...

Between Wool and Crude Oil

Woolen manufacture was England's most prominent industry in 1750,while crude oil has been Nigeria's major income earner for several years.  Stakeholders in the wool industry were based in the West Riding of Yorkshire,here cloths of medium quality were made, In East Anglia, here coarser fustian were produced and in South west of England,where fine and good quality cloth was made. Woolen cloth was a major export product and as a result the industry was closely regulated. Production was still in the hands of small masters in the West Riding and East Anglia. The export price of cloth was fixed as far back as the 10th century,and extraordinary steps were taken to disallow the export of the raw wool.
As the market for woolen cloth expanded,the ownership of capital and the control of credit gained prominence. The cottage workers were financially incapable of purchasing large quantity of raw materials neither could they afford to sell the finished product on creditor source for market outside their homes.This brought about a more advanced form of capitalism which eventually replaced the cottage industry. In Nigeria today,the main export is crude oil and Those-in-Charge,their agents, proxies and cronies dictate happenings in the oil industry with impunity. Interestingly, oil bunkering and smuggling is the order of the day and their stock in trade. In addition,those with the power and means own crude oil refining companies abroad. Crude oil exported abroad for refining,are brought back in refined form as Petroleum Motor Spirit(PMS) for sale to unsuspecting Nigerians. The unimpressive state of the economy,is perhaps, a sad reflection of the domestic and foreign interests the present administration represents.

Comments

Read This

Ceaseless Prayers

Education-Gov Makinde has provided an enabling environment for teachers-Oyo NUT Chairman

Lawmakers are very far from Nigerians-Comrade Emelieze