Joshua King's Free Press

For AC Milan there is lot of love lost between the club and its fans. The team has failed to win two league matches at home. It struggled to get a win at Bologna and then could not get a win over Belgian side Anderlecht in the Champions League. The explanation for this deep in form is easy for the blind to spot. Departure of accomplished veterans and sale of the clubs best two players. It has exposed the club to the manager’s weakness or perhaps poses an opportunity for the 46 year old Max Allegri to prove that winning the league title in his first year in charge was no fluke by securing a Champions League spot come May 2013. How will Mr. Allegri turn Milan’s fortune’s around? First, he must work on Milan’s build up. Even with players like Seedorf, Robinho and Ibrahimovic, Milan deployed a lot of long balls last season and looked like an English team perfecting kick and follow. That long ball tactic has to stop. Mr. Allegri must work on developing a style that creates space for s...

How Oil Fraud Fleeces Nigeria With queues returning to filling stations everywhere, it is altogether fitting that someone took out time to investigate how these import crooks defraud Nigerians through illegal subsidy claims. Of course there is always a way around a system designed to protect the people especially when the guards are not committed to securing the people. The practices are not only devious but evil. They prove that a bulk of the importers are in the trade of exploitation and not importation. They and our very indolent, yet very well paid Federal Government make sure that Nigerians are always at the receiving end of such bad service in a court where the ball, raquet and game is theirs. In every trade, there are honest traders, it is improper to declare that all fuel importers are of the same breed. There are actually legitimate fuel importers that do not claim subsidy payments for unimported fuel. They are the ones responsible for our having fuel at all. Credit or r...

For starters, I am not an economist. I am not an economist in the mould of them that work in the Central Bank of Nigeria at least. I am not an economist like Lamido Sanusi Lamido or men who say this today and does another the next day. Here is a man who argued vehemently about the costs of printing and moving money about. He almost with that proclamation made illegal the legal tender in circulation. Only a few months later, the former risk manager thinks it wise to expend N40B to print a new N5,000 denomination. The Americans think a flip-flop is a peculiar problem in their country. They are mistaken. Arguments like, having a hundred thousand Naira in one’s pocket does not affect the way one spends one thousand Naira and that higher denominations do not result in inflation have been offered freely by the country’s apex bank and its governor. Several editorials have also been written on the intended policy. One of them written by Business Day backs the idea of the new denomination. ...