The importance of education for children

  The World Bank believes that over 265 million children under the age of 10 are unable to read and write. Not surprisingly, 90% of these children are in the poorer countries. Education is key if we are to eradicate poverty and break the circle of underdevelopment in poor countries. Continue Reading

Economists and Poverty Eradication

In October 2019, the 2019 Nobel prize for Economics was announced. The winners were AV Banerjee, M Kremer and E. Duflo based on their book titled “ Poor Economics: A radical rethinking of the way we fight global poverty”. The book immediately went to the top of my reading list. Continue Reading

Making the best of remittances

The World bank estimated that that there are around 258 million people who live outside of countries of births as at 2018. These people send money back to help those left behind in their home countries. These remittances account for a substantial percentage of GDP for many third world countries. Continue Reading

The beat goes on

There are different ways to make money and with unemployment for young people at its highest in most countries, many are going for self employment. Being an entrepreneur is one of the best ways to avoid unemployment. The best way to make money and improve our standards of living is Continue Reading

The need to eliminate kerosene and petrol products

The Environment is now a big and contentious issue. In most developing countries, the supply of power for electricity requires the use of different products such as kerosene and petrol, unfortunately, these products have been deemed dangerous not only for the health of the users but also the environment. Many Continue Reading

Wastage and opportunities

On the 22nd August 2019, there was an outcry in the UK about the possibility of the proposed High Speed (HS2) rail link between London and the northern part of the England being scrapped. So far nearly £7billion had been spent on the HS2 and the project is likely to Continue Reading

Time for action- little gifts that can change lives.

Over the last few years, the World bank has been collating information about remittances between countries. Africans and their friends in the diaspora transferred substantial amounts of money back to the homelands. For example, Nigerians transmitted over $22 billion per annum and those are official figures likely to be understated Continue Reading