The Babatope Falade-Onikoyi Blog

Inequality and widespread poverty will always be a solid basis for fascism. This is the reason why the likes of Donald Trump are influential in global politics today.  For many years, globalists, capitalists and western politicians looked the other way, while the world financialized, jobs off-shored and opportunity was limited for low-skilled workers. Their entire way of life, industry and personality was threatened. Yet, these working people paid taxes and were ignored by establishment politicians. This is the wave that the likes of Donald Trump and Boris Johnson rode to power. Same thing is happening in Italy where Giorgia Meloni, a far right politician recently became Prime Minister.  Meanwhile, in China, Xi Jinping has just secured an unprecedented third term as General Secretary of the Chinese Communist Party. His leadership is based on an ideology of party control of China. This means weaning China off the freedoms and uncontrolled individual freedoms that Chinese billio...

 Nigeria was supposed to complete a Dam called Dasen Hausa Dam in Adamawa in 1982, but we didn't till date. And that is why Nigeria gets flooded when Cameroon releases water from it's Lagdo Dam.  Today, about 27-33 states are experiencing flooding issues because of failure of governments environmental policy and general incompetence in the area of environment. Even when a leading presidential aspirant says that he will ask the Western world to keep "their climate change" to themselves. He doesn't  realize that climate change is more of our problem, just like it's that of the West.  Food inflation will be high next year and will easily take headline inflation to the region of 30-35% before end of 2023. So Nigerians, brace up. And don't forget that it is an election year, so money supply will go up, so the inflation projection  can easily rise to 37%. A double digit increase in headline inflation will mean an increase in interest rates further slowing down e...