January 31, 2020

In a manner of speaking, I sympathise with the Special Adviser to the President on Media and Publicity, Mr Femi Adesina. He appears to be labouring under the burden of the distress of a double barell syndrome.The first layer of the syndrome is that the more untenable and unpopular the government they serve gets, the more the media managers and promoters are stressed and prone to lose composure, driven to extremes and lapse into incoherence in defence of the indefensible -lashing out left, right and centre in blind aggravation.Their sense of proportion and ability to discern and respect the boundary …

The Boeing Company has reported its first annual loss in more than two decades as the grounding of the 737 MAX dragged down its revenues and added to its costs. The American-owned company reported a $1 billion loss in the fourth quarter and a $636 million loss for all of 2019, in the company’s first annual loss since 1997.

The MAX has been grounded since March following two fatal crashes. Boeing estimated additional costs of $9.2 billion connected to the grounding to compensate to customers and account for the impact of lower production levels on expenses.

Boeing President and Chief …