Abia ThinkTank

Eke O Ako’s Debt Arithmetic: When Liabilities, Loans and Debt Stock Are Thrown Into One Pot Eke O Ako has produced what looks, at first glance, like an intimidating collection of figures against the Abia State Government. Unfortunately, once the figures are separated into their proper accounting categories, much of the dramatic conclusion begins to wobble. 😂 Numbers may be stubborn, but numbers placed in the wrong columns can also become very obedient servants of propaganda. The first problem with Eke O Ako’s argument is elementary: total liabilities in a government financial statement are not automatically synonymous with DMO public-debt…

VANGUARD NEWSPAPERS AND THE ABSU CONTROVERSY: WHEN OWEI LAKEMFA’S POWERFUL HEADLINE OUTRAN THE FACTS, HISTORY AND ECONOMICS At first, the title “ABSU: Running a University as a Local Village Contraption”, published by Vanguard Newspapers and written by Owei Lakemfa, seemed to promise a serious interrogation of university governance, funding, labour relations and institutional autonomy. It sounded like the beginning of a rigorous public-interest intervention. Unfortunately, as one travelled deeper into the piece, the thunder of the headline increasingly became louder than the economics, history and institutional context required to sustain it. Mr Lakemfa is entitled to criticise Governor Alex Otti.…