Perilous time is here! One of the cheapest commodities in Nigeria these days is death. It is so cheap that human life has lost its sacred value. Hardly there is any day in the last 10 years without bloodshed. Apart from natural disasters like flooding, inferno, road accidents and sickness-induced deaths, insurgency, banditry and kidnapping have become major sources of premature deaths. Like leaderless society, security of life has become elusive and Nigerians have resorted to seeking divine and hired security services. Death is inevitable but how it comes is a matter of concern than when it happens. The way…

Policymakers should not have been caught off guard by surging prices and shortages of goods and labor. Practically the entire post-pandemic agenda is built around policies that stoke demand and discourage work, making supply-side constraints entirely predictable. Surging inflation, skyrocketing energy prices, production bottlenecks, shortages, plumbers who won’t return your calls – economic orthodoxy has just run smack into a wall of reality called “supply.” Demand matters too, of course. If people wanted to buy half as much as they do, today’s bottlenecks and shortages would not be happening. But the US Federal Reserve and Treasury have printed trillions of…