Is it right for Nigeria to sell power to Burkina Faso when it hasn’t corrected its own power problem?

The question above is what Nigerians are asking themselves after it emerged that the country would soon be selling power to Burkina Faso, a fellow African country.

Nigerians are asking: when will charity begin at home?

Ghana which is enjoying more stable power than Nigeria actually depends a lot on Nigeria for gas for its power plants.

This particular deal with Nurkina Faso can be excused, since it is private sector driven (by the concessionaire of Kainji Dam). But the Nigerian government should remember that until it gets power supply to Nigeria right the country’s economy won’t grow at full potential.

Lagos shares out loans to SMEs

Today, Monday, November 26, the Lagos State government shared out loans to small and medium scale businesses.

Many small business owners had smiles on their faces as they went home with accredited loans of between N50,000 and N500,000.
They first received offer letters. Then their accounts were credited. 

The Executive Governor of Lagos State, Mr Akinwumi Ambode made a celebrated entrance to the event.

The loan disbursment, being handled by the Lagos State Employment Trust Fund LSETF, was not limited to indigenes. There was national spread among the names of beneficiaries.

The loan scheme is meant to empower Lagos state residents with much-needed capital. The logic is that when businesses have more funds to finance their businesses, they will employ more people.

Kudos to LSETF and the Lagos State Government for this.

Femi Fani Kayode Attacks Theresa May, Voices Support For Her Sack

Nigerian political attacker, Femi Fani Kayode, who is known for his social media missiles fired at the ruling APC, briefly shifted his attack focus to the British Prime Minister, Theresa May, to the probable relief of Nigerian Information Minister, Lai Mohammed who has been working overtime fending off FFK attacks.

In a Facebook post captured in the screenshot below, the fierce critic congratulated MP Jacob Rees-Mogg, a strong political opponent of British Prime Minister Theresa May, for working actively for her to be fired from office.

Femi Fani Kayode is both a Nigerian and British citizen. So, don’t be surprised if tomorrow he decides to join the British Conservative Party.