Scietific Analysis

Buhari, President-elect: Moving Nigeria’s Economy into Growth-path and Accelerating Development (2)

By Francis Ogbimi   Economics is probably the most popular of all the social sciences disciplines studied in the world today. It is the most popular discipline because it is principally concerned with material, especially money. Economists over the years have developed beliefs, values, methods, concepts, etc., which they teach to those who want to […]

Francis Ogbimi

Buhari, President-elect: Moving Nigeria’s Economy into Growth-path and Accelerating Development (1)

By Francis Ogbimi   Nigeria has been stagnating for decades. What is the evidence?  The cardinal evidence is mass unemployment. Nigeria has been experiencing mass unemployment for over 30 (thirty) years. Growing economies demand employment of categories (Lewis, 1972). The corollary is that stagnating economies experience unemployment of all categories. This is why employment in […]

Francis Ogbimi

Mounting national debts: Consequences of undue emphasis on infrastructure and contracts (1)

By Francis Ogbimi   I am usually embarrassed listening to leaders in state and federal governments, business men and  business women, lawyers, intellectuals, others,  beg and cry for capital investments especially  Foreign Direct Investments(FDIs) every hour, every day, in Nigeria. Quite frequently, too, State Governors travel to Europe, America and Asia to beg Europeans, Americans […]

Francis Ogbimi

Nigerian economy stagnating since 1986; mass unemployment cardinal evidence: Way forward (2)

By Francis Ogbimi   While Nigeria has been announcing growth rates higher than 5 per cent for decades, the unemployment, poverty, high crime wave problems have been worsening. Nigerian governments at the federal and state levels like the unusual pupil who claims to have been doing well in school and repeating a class for decades, […]

Francis Ogbimi

Education and training should be the main issues for the 2015 elections

By Francis Ogbimi   Education is poorly funded in Nigeria because Nigerian leaders do not know its value.  Nigeria needs education complemented by adequate and appropriate training to promote rapid technological development. A robust educational system without a complementary training framework co-exists with mass unemployment and poverty. Sadly, no one is talking of appropriate training […]

Francis Ogbimi

World Bank: industrialization is route to increasing electricity and solution to poverty (1)

By Francis Ogbimi   THE GUARDIAN newspaper, the Nigerian edition, Wednesday, February 18th,  p. 24, carried a news item entitled, ‘Lack of electricity stunts economic growth, says World Bank.’  The report prepared by Roseline Okeke, business/energy correspondent, stated : “ The World Bank has described poor electricity supply as a major retarding factor to economic […]

Francis Ogbimi

Understanding how economic stagnation puts hold on democratisation

By Francis Ogbimi   It was a grave error for young Nigeria to adopt the British type parliamentary system in 1960 and the less responsible American type presidential system in 1979, because the two systems are too advanced for Nigeria. Young Nigeria does not have the corresponding knowledge-based institutions and the economic status that make […]

Francis Ogbimi

Education and training should be the main issues for the 2015 elections

By Francis Ogbimi   Education is poorly funded in Nigeria because Nigerian leaders do not know its value.  Nigeria needs education complemented by adequate and appropriate training to promote rapid technological development. A robust educational system without a complementary training framework co-exists with mass unemployment and poverty. Sadly, no one is talking of appropriate training […]

Francis Ogbimi

Education and training should be the main issues for the 2015 elections

By Francis Ogbimi   Education is poorly funded in Nigeria because Nigerian leaders do not know its value.  Nigeria needs education complemented by adequate and appropriate training to promote rapid technological development. A robust educational system without a complementary training framework co-exists with mass unemployment and poverty. Sadly, no one is talking of appropriate training […]

Francis Ogbimi

Lack of knowledge doing more harm than corruption in Nigeria (2)

By Francis Ogbimi   However, the theories then classified nations into two categories – simple (primitive) and complex (advanced). African and Latin-American nations were classified as primitive nations while Western nations were classified as advanced nations. The evolutionists and modernists proposed that primitive people and places may be made modern by transferring resources especially capital […]

Francis Ogbimi

America was village-nation in 1800: Technology made it world power by 1900

By  Francis Ogbimi   Nigeria’s performance as a nation since independence is shameful. The federal and state governments have always been carrying out disjointed activities which lack growth elements and deceiving the ignorant citizenry that government is committed to developing the nation. The more general belief about the situation is that avarice on the part […]

Francis Ogbimi

Nigeria needs political parties: Present groups are political machines and conspiracies (2)

By Francis Ogbimi   Our quantitative analyses show that the variables for planning for true or sustainable growth and industrialization are: 1) N – the number of people involved in productive work or employment in a nation; 2) M  – the level of education/training of those involved in productive activities in the economy and of […]

Francis Ogbimi

Nigeria must focus on Appreciating Assets (AAs) – the learning people, to survive

By Francis Ogbimi   A nation does not develop from doing just anything or doing things in a haphazard manner. The technologically advanced nation in the West and Asia had agricultural/craftsman/ artisan economies for 2000-3000 years before the economies were transformed into advanced ones. Our research efforts have demonstrated that Nigeria has always been focusing […]

Francis Ogbimi

Federal, State Governments need help: Things all citizens should know to help

By  Francis Ogbimi   The educated African has Western education. Sadly, Western education is presented as incantations, mentalities and indoctrination packages.  Heinecke(1986), observed, that Western social sciences are foreign to Nigerians and other Africans and their study, analysis and interpretation are to a great extent  expressions of power and the ability of Westerners to get […]

Francis Ogbimi

Fashola: Scientifically, no industrialization, no reliable infrastructure

By Francis Ogbimi   My column discusses ideas, not individuals. So it rarely mentions the names of individuals. This week, however, the column draws the attention of the Executive Governor of Lagos state, Babatunde Fashola, to the most important error in Western development thinking, which virtually all African intelligentsia, including lawyers, accept as axiomatic truth.  […]

Francis Ogbimi

No amount of capital investment builds reliable infrastructural system and transforms economy

By Francis Ogbimi   This article falls into the category of articles that I describe as billboard articles – the type of articles that should be displayed on billboards so that they can be read by many people, every day. Nigeria has been announcing high GDP growth rates since 1999, with no positive impact on […]

Francis Ogbimi

Nigeria needs political parties, present groups are political machines and conspiracies (2)

By  Francis Ogbimi GSM: 08037062056; e-mail: fogbimi@yahoo.com   Our quantitative analyses show that the variables for planning for true or sustainable growth and industrialization are: 1) N – the number of people involved in productive work or employment in a nation; 2) M  – the level of education/training of those involved in productive activities in […]