This man Soludo is coherent again now that he is talking economics not politics. But I really wonder.
PMB based on his antecedents and what he actually said during the elections did exactly what was expected of him. Fair is fair. How anyone expected him to introduce a market determined price regime beats me.When you want to appoint someone to run your enterprise, you must carefully observe the persons attitude to money and investment.
The purpose of business is investment not profit. If you say profit, what next? You spend or you invest? If you have a risk averse person he won't invest or expand the enterprise. This is where personal attributes come in.
Companies spend a great deal of time analyzing to find that fit. Slowly our President is yielding to market realities but we need to go the hog and hopefully the Acting President will take the bull by the horn and go all the way for the interest of this economy.
It is the patriotic thing to do. We won't get anywhere if we don't tell ourselves the truth. Some people are still making obscene money from the policy induced rent seeking as Emir Sanusi boldly gave credence to what is public knowledge.
Written By Kayode Olagesin