The Streetjournal Magazine is an online investigating media house that specializes on systematic, serious crimes, political corruption or corporate wrongdoing.
Vanguard News
Economy: FG’s decision to devalue Naira huge mistake Thompson
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By Gabriel Ewepu, ABUJA
AS Nigerians continue to grapple with harsh economic realities, the Chairman and Chief Executive Officer, CEO, Safe water Energy and Environmental Restoration, SWEER Global, Dr Thaddeaus Thompson, Sunday, said Federal Government’s decision to devalue the Naira was a huge mistake.
Thompson made the assertion in a chat with Vanguard while expressing concern over the unabated inflation trend that has brought the economy to its lowest ebb as businesses at all levels suffocate and struggle to survive as there is a mass exodus of corporate organisations from Nigeria to other African countries.
As Nigerians continue to grapple with harsh economic realities, the Chairman and Chief Executive Officer, CEO, Safewater Energy and Environmental Restoration, SWEER Global, Dr Thaddeaus Thompson, Sunday, said Federal Government’s decision to devalue the Naira was a huge mistake
The Streetjournal Magazine is an online investigating media house that specializes on systematic, serious crimes, political corruption or corporate wrongdoing.
Vanguard News
What is choking Nigeria’s democracy?
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By Thaddeaus Thompson
The major problem democracy faces in Nigeria is rejection. Nigeria was introduced to democracy on the day of independence and not in 2021.
Democracy was seen by our founding fathers as a direct foreign intrusion and a deliberate attempt by foreign powers to destroy our totalitarian anarchistic systems. Instead of democracy, most African countries embraced the socio-communist model of governing, after independence.
This was the comfortable and preferred model as it preserves anarchy and kingship, which most African leaders saw befitting to their firm belief in dominance. When mounting pressure from the western world mandated African countries to embrace and practice western style of democracy or forgo economic aid and face isolation and deprivation, most African autocrats succumbed but not for the sake of promoting unity, security, nor providing reliable health care, education, and critical developmen