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Incorporated in Nigeria at CAC Abuja on the 10th of December, 2012
The Trustees of the CASF include
1. Mr. Olusola David Ayibiowu (Chairman / President)
2. Mrs. Bisi Obot (Trustee) website:www.creativeartssolutionfoundation.blogspot.com.ng
The Fuel Subsidy in Nigeria and It's Origin
Creative Arts Solution
a non-governmental foundation
Article: The Fuel Subsidy in Nigeria and It's Origin
Author: Olusola David, Ayibiowu
Year: December 26, 2017
Published: Online By Creative Arts Solution
During the December period in 2017
there was a rushing at the filling station of NNPC at Palm Grove Bus-stop
during fuel scarcity at that particular rushing hours for a while before the
problems was later resolved in general. However in order to prove this with a
specific photo that depicted the scene. This photo was taken by Olusola David,
Ayibiowu on December 22, 2017 towards the Christmas time.
There was once upon a time in the
past years according to sector 16(2c) of the (1999 constitution of Nigeria, of
which says that the country’s economic system shall not be operated in such a
manner as to concentrate wealth or means of production in the hands of few
individuals, and government shall manage and operate the major stay of the
economy (FGN,1999). Under this circumstance, there is no way fuel subsidy
withdrawn in Nigerian without violating this section of the constitution, since
oil is this the major stay of the country’s economy.
This section reminds us that it is
the primary duty of the government to control the national economy such that
the maximum welfare, freedom, security and most importantly happiness of every Nigerian
citizen are adequately secured and taken care of it is believed among renewed
economist that income should be distributed evenly to narrow the existing gap
between the rich and the poor.
They argued that it is unfair for
people to become rich just because they are lucky enough to either inherit
wealth or intelligence (Ruffin and Gregory, 1983).Sequel to this situation, the
market system emerged to allocate resources efficiently, but according to Aug
Itdoes not necessarily ensure that resources are allocated fairly. In
order to ensure or achieve a fairly redistribution of income in the society,
Aug advocated for government intervention. This is because there is no
guarantee that resources allocation through the market or price system will
solve the “for whom problem in such a way as to satisfy the ethical beliefs of
members of society (Ruffin and Gregory, 1983:51)
In other words, price system cannot
supply public goods (defense, legal system, highways, public education), that
is because of great necessity to the society. This is because these goods are
enjoyed by all and Sundry including the tax evaders. That is why subsidies are
given by government itself in the world over, including the developed nations
either as incentives to some sectors of the economy or for social protection of
the vulnerable groups (Soyibo, 2011 in Mordi, 2011).
Practice of subsidization policy is
not peculiar to Nigerian which is adopted today in Nigerian, is purely
characterized by continuous subsidization of various sectors of their economics
for instance, in Britain, public transportation, health, housing and other
social services are currently being subsidized by the government.
Moreover, America, which is the
citadel and apostle of unbridled capitalism and so called market forces,
continues to subsidize heavily the housing and agricultural sectors of her own
economy. The above views are no doubt relevant to the prevailing controversies
surrounding fuel subsidy in Nigerian. Activities of powerful mafia group within
the oil industry continue to generate the lingering fuel crisis in the country
(Onyepwere, 2009:18). The members of this group are not willing to see the end
the importation and supply of fuel in the country
Finally, it becomes pertinent to
agree with Aug (2009 :35),that market to or price system cannot solve the
problem of subsidy in Nigerian. Rather, government intervention is the answer
since it is the government responsibilities to control the national economy and
ensure that maximum welfare, security and happiness of all citizens, and most especially
the poor masses are adequately provided in the nearest future. Reference: Distant Library
Creative Arts Solution FOUNDATIONa non-governmental foundation
Article: How to Convert Your Airtime Credit To Real Cash, Directly To Your Bank Account
Author: Olusola David, Ayibiowu Edition: 15 Year: Oct 2017 Published:Online by Creative Arts Solution Foundation
Introduction This is an amazing article that deals with the aspect of how to Convert Airtime Credit to Real Cash, Directly To Your Bank Account. Have You ever thinking of Converting Your Airtime into real cash, You can Flex with?, Here is one of the solution that can solve this particular issues.
How Can I convert My Credit Airtime to Cash?
You don't Need Some Kind of Magic to do this, Although it might be Strange to You but Believe it works!. Many will have Many Airtime like N10,000 Worth of Airtime, But they feel like Converting it to real money.
Today Zoranga Has made it Possible, Like Before if you want to sell airtime you have to loose more than 20% value of the card before you convert it to cash, For example if you wa…
The scultptor of all ages at last gave-up the ghost Bisi Fakeye (1942 – 2017)
Flashback years ago from 1997-2000 before Late Alexander AyodejI Shyngle while I was still an apprentice to Shyngle known as Ayibiowu Olusola, words of prayer and encouragement, jokes has always been the Life Style of Bisi Fakeye at the Universal Studios of Art,(USA) National Theatre, Iganmu Lagos. Even his Son Sola Fakeye was a friend of mine before he died.
While others report gathered online may also says their own points of view as describe below.
The depletion of about one and half century-old-dynasty of carvers, the Fakeye, may be difficult to replenish.