THEWILL NEWSPAPER, March 17, 2024

Nigeria has many hardworking women who have forged a path and made a name for themselves in their different sectors. Nigerian women have been making great strides in every sector of the economy, and it’s safe to say they will not stop anytime soon. A typical Nigerian woman has to work three times as hard as any other person first because they are black, they are women, and they are Nigerian, so it’s no surprise that they are powerful voices in the country. They break barriers and challenge stereotypes, and what’s beautiful to see is they support other women while doing so.

In this week’s issue, we celebrate some of these women as we highlight their achievements while they continue to excel in their fields, leaving examples for the younger generation of women to follow. See pages 8 to 10.

Plus-size women often make the mistake of wearing only dark colours. Granted, dark colours give a slimming effect, but there’s nothing wrong with a plus-size person wearing bright colours. Our fashion pages shed light on the dos and don’ts of plus-size fashion.

Several options exist to prevent body odour other than antiperspirants. The beauty of it is you probably already have them at home. Natural options like lemon and coconut oil can be used as an alternative to antiperspirants. We list them on our beauty page.

Our movie review page is interactive; click on the instructions below the QR codes or scan the QR codes to download a playlist. You’ll enjoy the music selection.

Until next week, enjoy your read.

Photo: Kola Oshalusi @insignamedia Makeup: Zaron

MINIMUM WAGE

Conflicting Reports From Tripartite Committee Sittings Put Process in Dilemma

A 37-member Tripartite Committee is currently visiting the six geo-political zones to harmonise minimum wage for millions of Nigerian workers. Inaugurated by Vice President Kashim Shettima late January and comprising representatives from the government (federal and state), labour unions and private sector, it is chaired by Bukar Goni Aji, one-time Head of the Civil Service of the Federation. THEWILL finds conflicting reports from the sittings so far, putting the entire process in a dilemma.

MICHAEL JIMOH reports...

For Christopher Osarodion (not his real name) a 43-year-old mid-level staff of the Edo State Ministry of Health in Benin City, last Christmas was one of the best for him and his family in a very long time. He cannot remember the last time he was paid 13th month salary as a civil servant in the ministry he’d worked for more than a decade.

In the heat of the Nigeria Labour Congress, Trade Union Congress face-off with both Federal and state governments to level off minimum wage at a reasonable sum in 2019, he didn’t give the unions any chance of success, any hope that workers like him in ministries would one day go home with a sizeable pay packet. But it worked, at least in his native state, under the administration of Governor Godwin Obaseki. The state not only implemented the minimum wage as stipulated by the union bosses but also paid promptly. And, surprise, surprise, before Christmas last year, Governor Obaseki promised to pay 13th month salary to all workers under

the employ of the state government. He did. Instead of the N30k minimum wage, Obaseki paid N40k.

“Unlike past Christmases when my wife had to shop for hand-me-downs for the children in flea markets at Ring Road,” Osarodion recalled, “I sent for the family tailor to come and take their measurements at home.” In the health worker’s words, that was how his own father, who was a school teacher in a popular secondary school in the ancient city, presented his children with new clothes for Christmas. No secondhand wears, no crumbling shoes or even accessories that have seen the worst of times.

“For one brief period in my long working career,” Osarodion happily told friends, “I could do for my children what my father did for me and my siblings when the going was good back in time.”

Ajisafe Ogunshakin (not real name as well) Osarodion’s counterpart in the same ministry in Ogun State would

have loved to do the same thing for his children about the same time last year. He is older than Osarodion by two years and has worked in the Ogun State Ministry of Health for more than two decades. But Ogunshakin just could not afford to hire a tailor to sew custom-made Christmas clothes for his children. It is not hard to see why.

Instead of the N30k NLC bargained for workers the union represented everywhere in Nigeria, his state government paid half that sum, that is N15k monthly. Worse still, salaries didn’t come as and when due. Despite being declared one of the solvent states in the country all through last year and thereafter, Ogun owed salaries serially, thereby ruling out 13th month bonus pay to workers in the state’s employ. For the Ogunshakins therefore, it was a bleak Yuletide. “We couldn’t even afford the proverbial Christmas roast. We had fried fish instead with plenty of onions, just to let our neighbours know there was serious action going on in our kitchen.”

COVER

...Committee Sittings Put Process in Dilemma

Government include Nkeiruka Onyejeocha, Minister of State, Labour and Employment. She is representing the Minister of Labour and Employment. Wale Edun, Minister of Finance & Coordinating Minister of the Economy; Alhaji Atiku Bagudu, Minister of Budget Economic Planning; Dr. (Mrs.) Yemi Esan, Head of the Civil Service of the Federation; Dr Nnamdi Maurice Mbaeri, Permanent Secretary, GSO. OSGF and Ekpo Nta, Esq, Chairman/CEO, NSIWC – Member/Secretary.

State governors are also members of the committee. Thus, Mohammed Umar Bago of Niger sits in for NorthCentral, Bala Mohammed of Bauchi for North-East and Umar Dikko Radda of Katsina for North-West. From Anambra is Charles Soludo for the South-East, Ademola Adeleke of Osun for the South-West, Otu Bassey Edet of Cross River for the South-South.

Organised labour has president of NLC, Joe Ajaero, fellow comrades Emmanuel Ugboaja, Adeyanju Adewale, Ambali Akeem Olatunji, Benjamin Anthony and Theophilius Ndukuba. President of TUC, Festus Osifo, is a member, so with Tommy Etim Okon, his deputy. Others from TUC are Kayode Surajudeen Alakija, Jimoh Oyibo, Nuhu A. Toro and Hafusatu Shuaib, the chairperson of the Women Committee.

Representatives of Nigeria Employers’ Consultative Association (NECA) are part of the committee. DG of NECA Adewale-Smatt Oyerinde, Chuma Nwankwo and Thompson Akpabio are members of the committee, just as President of Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) Michael Olawale-Cole, Ahmed Rabiu, National Vice President and Chief Humphrey Ngonadi (NPOM), National Life President.

reflect across board as 17 states experienced a decline in their IGR from the previous year while 19 states recorded positive growth. Occasioned by a 49.2 per cent increase in global oil prices, growth in federal transfers rose by 35.68 per cent from the previous year to N4.05tn, despite a 12.55 per cent drop in crude oil production.”

Despite this rise in revenue generation and increased Federal Allocation, many of the states have refused to pay the N30k minimum wage. Only a few of them like Edo have begun paying. Surprisingly, oil-rich states like Akwa Ibom, Bayelsa and Delta have defaulted serially.

Following a meeting with the labour unions to avert another imminent strike early this year, President Tinubu approved a provisional wage award of N35, 000 for Federal workers for six months. At that time, some states were unwilling or unable to pay the previous N30k minimum wage approved by Tinubu’s predecessor Buhari. As a result of that and following Tinubu’s provisional wage award, state chapters of the NLC and TUC made sure governors of their respective states got the message.

One of them, Kano State NLC chairman, Kabiru Inuwa, told journalists afterwards, “We have written to the government requesting payment of the wage award to workers in the state and we are still waiting for the government to respond.”

Likewise, his colleagues from Bayelsa, Benue, Delta, Gombe, Katsina, Kebbi, Kwara, Niger, Ondo, Ogun, Osun and Rivers States have written to their respective state governments. No response so far.

It is against this backdrop that the Tripartite Committee on National Minimum Wage set up by the Federal Government is now touring some states in the six geopolitical zones to harmonise minimum wage, to sort of find a solution to what has clearly become a dilemma.

Chaired by Goni Aji, representatives of the Federal

Included in the committee are representatives of the National Association of Small and Medium Enterprise (NASME): Abdulrashid Yerima, President and Chairman, Theophilus Nnorom Okwuchukwu, Private Sector representative. Muhammed Nura Bello, Zonal Vice President, North West. From the Manufacturers Association of Nigeria (MAN) are Mrs. Grace Omo-Lamai, Human Resource Director, Nigerian Breweries, Segun Ajayi-Kadir, Director-General, MAN, Ada Chukwudozie, MD of Dozzy Oil and Gas Limited.

Early in March, the committee had its first meeting in the South-West geopolitical zone. Venue was Lagos with the Lagos State Head of Service, Olabode Agoro, Wale Edun, Minister of Finance and Coordinating Minister

“

Out of the eight countries surveyed, Equatorial Guinea has the least amount as minimum wage, which is $224 per month. This is way off from that of Nigeria, which is $20 per month. The difference in the minimum wage in Equatorial Guinea compared to Nigeria is 1,195 per cent

of the Economy and Governor Ademola Adeleke of Osun state in attendance. Remarkably, there was no consensus of opinion among the labour officials in attendance. For instance, while NLC rooted for N794k as minimum wage, TUC plumped for N447k, thus bringing a sharp division among them. On their part, the states admitted that the new wage payment would be possible only if they get higher allocation from the central government and control mineral resources.

Representing the workers in Lagos state, Funmi Sessi and Gbenga Ekundayo of NLC and TUC, respectively, said the increment is “required to narrow the widening gap of poverty among the employed and mitigate the erosion of the living standards of Nigerian workers,” adding that “workers in the country deserve a living wage that would be set at a level that is fair and commensurate with economic realities” because “the cost of essential services, such as food, housing, transportation, healthcare and education has risen tremendously and astronomically, making most of these services and goods out of the reach of the workers.”

In his defence of the N447k minimum wage for workers, Ekundayo said that compared to the minimum wage in operation in other African countries, Nigeria’s is one of the lowest. Nigeria has since been left behind in that regard, he noted, declaring, “What Nigeria has as a national minimum wage was nothing but deceit that is borne to keep an average worker perpetually poor.

“Out of the eight countries surveyed, Equatorial Guinea has the least amount as minimum wage, which is $224 per month. This is way off from that of Nigeria, which is $20 per month. The difference in the minimum wage in Equatorial Guinea compared to Nigeria is 1,195 per cent,” Ekundayo told the committee. “The National minimum wage being asked for through this memorandum, i.e. N447,000/month (an equivalent of $298/month) is therefore apt for now.”

Governor Adeleke of Osun state thought, felt and spoke otherwise. Unless the sharing formula of the Federation Account Allocation Committee (FAAC) is reviewed and solid minerals moved from exclusive to concurrent legislative list, paying the minimum wage will remain unfeasible.

Adeleke’s spokesperson Olawale Rasheed admitted that from meetings and various deliberations with stakeholders in Osun, workers in Nigeria “are due for an improved welfare package. There is a consensus for an upward review of the National Minimum Wage because the existing one has become unrealistic,” adding that “while it would be desirable to see that a uniform minimum wage is agreed on a national basis, it would amount to self-deceit to assume that states have equal ability to pay.”

So, going forward on the matter, Adeleke urged the Federal Government and National Assembly to “remove solid minerals from the exclusive legislative list. Every state in Nigeria has been blessed with one form of natural resource or the other. There is a strong appeal to move solid minerals from exclusive to concurrent legislative list.”

Even before the tripartite committee had its maiden meeting in Lagos, organised labour had proposed a different minimum wage. NLC proposed N709, 000 while TUC proposed N447, 000.

Also, for the six geopolitical zones, NLC and TUC have differed widely. TUC roots for N540, 000 per month in the South-East against N794, 000 in the South-West and then N850,000 in the South-South, compared to N560,000 in the North-East, N485, 000 in the North-West and N709, 000 in the North-Central.

Surely, that is the dilemma the Tripartite Committee hopes to resolve by the time it covers the entire six geopolitical zones. They have until the end of this month. Already Vice President Shettima admonished them to “speedily” arrive at a resolution and submit their reports early because “this timely submission is crucial to ensure the emergence of a new minimum wage.”

Disregard Calls For Visa Ban on

INEC

Chairman – Traditional Rulers Tell UK

The Nigerian Traditional Rulers Council (NTRC) has urged the United Kingdom (UK) to discard calls for visa ban on Prof. Mahmood Yakubu, Chairman of the Independent National Electoral Commission (INEC).

In a letter addressed to the British High Commission, and signed on behalf of the Council by HRH Oba Adekunle Adeyemi (Adara of Adara, Ogun State), HRM King Alfred Prince Will (Amanyabo of Bassambiri, Bayelsa State), His Eminence Emir Ahmed Yayale (Charanchi, Katsina State), HRH Alhaji Muhammad Bubu (Lushi Takololo, Bauchi State), HRH Eze Obinna Opoji (Ama of Amajuoyi Kingdom, Imo State) and HRH Alhaji Audu Eleje (Elejuku of Eluku, Kogi State), the traditional rulers described the calls as mischievous and malicious blackmail by a faceless group.

According to the traditional rulers, the attacks and calls by the group, identified as United Nigerians in Diaspora (UND), are engineered by "disgruntled politicians" who lost elections in 2023.

The Letter reads in part: “We, the Nigerian Traditional Rulers Council, write His Excellency to address the malicious attack on Mallam Mahmood Yakubu, the Chairman of the Independent National Electoral Commission (INEC).

"It has come to our attention that a certain faceless group named United Nigerians in Diaspora Group, sponsored by disgruntled politicians who lost elections in 2023, have levelled serious allegations against the INEC Chairman. We are deeply concerned about these accusations by this faceless group and feel compelled to set the record straight.

“The allegations made by these politicians are baseless and unfounded. We believe that they are attempting to tarnish the reputation of Mallam Mahmood Yakubu and, by extension, the INEC. We vehemently reject these accusations and stand firm in our support for the INEC Chairman.”

According to the Council, the Yakubu-led INEC has made significant progress in “conducting free, fair, and credible elections in Nigeria. The electoral process has been streamlined, and voter confidence has been restored.

Tinubu Appoints Executive Secretary of National Commission For Almajiri Education, Aide on Chieftaincy Matters

BY FELIX IFIJEH

President Bola Tinubu has approved the appointment of Brigadier-General Lawal Ja’afar Isa (Rtd), as Executive Secretary of the National Commission for Almajiri and Out-of-School Children Education.

The President has also approved the appointment of Alhaji Tijani Hashim Abbas, as Senior Special Assistant to the President on Chieftaincy Matters.

The new appointments were announced in a press statement issued by Ajuri Ngelale, Special Adviser to the President on Media and Publicity.

General Ja’afar Isa is a respected leader and was Military Administrator of Kaduna State from 1993 to 1996, while Alhaji Tijani Hashim Abbas is the Sarkin Sudan Kano.

According to Ngelale, President Tinubu anticipates that the new appointees will bring their vast experience into these important roles, which impact the very core of society, while ensuring that his administration’s drive to guarantee Nigeria’s out-of-school children, the most comprehensive education is realised in the superceding interest of the nation’s future.

Traditional Rulers in Cr’River Fault Moves to Cancel Cocoa Estates

FROM BASSEY ANIEKAN, CALABAR

Traditional rulers in Mbume Clans in Etung Local Government Area of Cross River State, have faulted moves by the Cross River State Government to cancel cocoa estates allotted during the tenure of former Governor Ben Ayade.

The traditional rulers said it was wrong to contemplate cancelling the allotment, as it runs foul of court judgements and can lead to a breakdown of law and order.

Besides, they argued, those who were successfully allotted estates have genuine records of payment to government coffers.

Chairman, Crises Management Committee, Mbume Blocks of Clans, (Cocoa Host Communities), Ntufam Odu Ndep Moses, disclosed this in an interview.

He said rather than cancelling estates validly allotted, the present administration should make use of the remaining 3,137 hectares unallocated by the previous administration.

According to him, "Statistics revealed that 1,415 hectares were allocated out of a total of approximately 4,552 hectares.

"The government can still make use of the remaining 3,137 hectares to avoid crisis outbreaks within the host communities.

"From what we gathered, the allocation of the 1,414 hectares was a way to execute the court's consent Judgement by past administration and up to 30 million naira was lodged into the state government's account by immediate past administration", he said.

He added that findings from his committee show that the money collected from the allocation of 1,415 hectares by the previous administration was used to defray 16-year-old royalty and debt, which the state government owed cocoa landlord communities.

Ndep said the six-man Crises Management Committee came to this conclusion and allegations that the previous administration encroached into farmlands were false.

The traditional ruler also urged Governor Otu to continue to make use of the smartgov platform for payment of royalties and rent to landlord communities as it is also a product of a consent judgement the previous government implemented.

Metropolitan Archbishop emeritus of Abuja, Cardinal John Olorunfemi Onaiyekan (Left); Chief Executive Officer, SCL, Abiola Ebohen (2nd Left); Global Chief Executive Officer, Consulus, Lawrence Chong (3rd Left); Resident and Chairman of SA’I’ANWARA’I’JUMAI Consultaire Limited (SCL), Dr Andrew Kwasari (3rd Right) and other stakeholders, at the signing of bilateral agreement, during an enlightenment programme on agriculture in Abuja on March 14,

NLC Moves Against Abure, Demands Immediate Resignation as LP National Chairman

he Nigeria Labour Congress (NLC) has demanded the immediate resignation of Barr. Julius Abure as National Chairman of the Labour Party (LP).

The NLC, in a statement on Friday accused Abure of running the Labour Party as a Sole Administrator by secretly scheduling a supposed National Convention of the Party for March 2024.

Passing a "vote of no confidence" on Abure as National Chairman of the Labour Party, the NLC Political Commission, in a statement jointly signed by its Chairperson, Comrade Titus Amba, and Secretary, Comrade Chris Uyot, Secretary, called for the constitution of a caretaker transition committee to organise a legitimate and all-inclusive National Convention of the Labour

The statement reads in full: "The Nigeria Labour Congress Political Commission has received news of the clandestine scheduling of a supposed National Convention of the Labour Party in March 2024 by the National Chairman, Barrister Julius

"This news came as a shock to us as the leadership of the Nigeria Labour Congress (NLC) was never in any way informed of any plans to hold the Labour Party National Convention.

"We find this development as a further aberration and extrapolation of the mismanagement of the Labour Party through a very strange leadership style of sole administration by the National Chairman of the party.

He emphasised the need to defend the treasury for the people and ensure good governance prevails despite challenges from corrupt elements.

Tinubu, in a statement issued by his Special Adviser on Media and Publicity, Ajuri Ngelale, reassured citizens of ongoing efforts to enhance living standards.

Tinubu urged grassroots leaders to facilitate the National Identification Number registration to better plan interventions and integrate individuals into relief programmes.

Highlighting the significance of agriculture to economic growth, he outlined initiatives such as large-scale livestock farming and mechanised agriculture to transform past crises into present opportunities for prosperity.

Emphasising the importance of proactive governance, Tinubu urged party members to engage citizens in essential activities like NIN registration for social security interventions and accurate data-driven decision-making.

On his part, APC National Chairman, Abdullahi Ganduje, announced plans to establish the Progressive Institute of Policy and Development, aiming to benefit party members and the wider Nigerian populace.

In response, the Forum of APC State Chairmen pledged unwavering support for President Tinubu’s economic programs while affirming their commitment to driving progress under his leadership.

Uzodimma, Oramah Meet, Explore Investment Opportunities in Imo

FROM SAMPSON UHUEGBU, OWERRI

Imo State Governor, Hope Uzodimma, has met with the President of African Export-Import Bank (Afreximbank), Prof Benedict Oramah, in Cairo, Egypt where the duo discussed in detail the investment opportunities in Imo State.

During his inauguration for a second term in office early this year, Governor Uzodimma assured that he would intensify efforts at exploring avenues that would make the abundant human and natural resources in Imo State exploitable.

The governor is passionate about turning the huge arable land, gas deposits and other abundant natural resources in Imo into sources of revenue generation for the state and employment opportunities for unemployed youths.

An excited Governor Uzodimma is not only confident that the meeting was fruitful and will yield the desired results but also expressed joy that the state would be better off based on the matters under discussion with Oramah.

Taking to his social media platform on Friday, Governor Uzodimma said: "I am delighted to share an exciting development as I seized an opportunity in Cairo to meet with our esteemed brother, Prof. Benedict Okey Oramah, President of Afreximbank.

"We explored potential partnership terms aimed at catalysing investments in our State's economy and I am thrilled to announce that our efforts have borne fruit, as we have made significant strides in advancing discussions for potential investments totalling up to USD 1.5 billion.

"This collaboration holds immense promise for the prosperity and growth of our beloved State as we continue to work diligently towards realising our shared vision of a thriving and vibrant economy."

During Governor Uzodimma's first term, he attracted a lot of funds from development partners, taking advantage of his private sector background and desire to turn the economic fortunes of Imo State around.

Padding: Same Old Story Every Budget Year

BY AMOS ESELE

Like a broken record that offends but continues to play because no step is taken to end it, budget padding has become a recurring decimal in Nigeria’s budgetary process.

As a terminology, it gained national prominence in 2016.

That year, what obviously had been a known practice by senior lawmakers and the executive, attained a legal status and national embarrassment.

That was the year the word ‘padding’ was defined and it has since stuck with the entrenched budgetary process whereby billions of naira are illegally siphoned from the system through inflation of budgetary allocations.

That year, Hon. Abdulmumin Jibrin was Chairman of the House of Representatives Committee on Appropriation. Sacked for daring to raise an eyebrow over monetary allocations that had no attached infrastructure, he went to spill the beans. He disclosed that what is often described as “insertion” had been part and parcel of the budget process in Nigeria, noting though that the degree varies.”

He said, “Every year, there has always been that (insertions) and if you can recall properly, in the five

years that I have spent in the National Assembly, there were key issues that created a bit of tension between the National Assembly and the Executive arm of government.

“Essentially, one is the size of the budget and second is the quantity of the insertions; new items from the National Assembly. This issue always causes friction between both arms of government. It was the case in 2011, 2012, 2013, 2014, 2015 and of course 2016. The only difference is the insertions in 2016. I saw a lot of insertions in 2011, 2012, 2013, 2014 and 2015 and in 2016, it went completely off the board.”

It not only went off the board, it went to the court for adjudication after a two-week prolonged public uproar.

A Federal High Court sitting in Lagos in a landmark judgement had ordered President Muhammadu Buhari to, “urgently instruct security and anti-corruption agencies to forward to him reports of their investigations into allegations of padding and stealing of some N481 billion from the 2016 budget by some principal officers of the National Assembly.”

In the suit brought before Justice Mohammed Idris by Socio-Economic Rights and Accountability Project

“Essentially, one is the size of the budget and second is the quantity of the insertions; new items from the National Assembly. This issue always causes friction between both arms of government. It was the case in 2011, 2012, 2013, 2014, 2015 and of course 2016. The only difference is the insertions in 2016

...Same Old Story Every Budget Year

(SERAP), the court directed President Muhammadu Buhari to, “order the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SNCN, and /or appropriate anti-corruption agencies to without delay commence prosecution of indicted lawmakers.”

The court also ordered Buhari to “direct the publication of the report of investigations by security and anti-corruption bodies into the alleged padding of the 2016 budget.”

As it turned out that year, reports had it that trouble started at the National Assembly when it was ‘discovered’ that N40 billion was allegedly set aside for the 10 principal officers of the Senate and House of Representatives, while the balance of N60 billion would be shared among the 109 Senators and 360 House members for the implementation of the Zonal Intervention Projects.

The long and short of the 2016 saga was that none of the legislators was identified and prosecuted by the Muhammadu Buhari Administration.

Eight years later, a similar scenario is playing out with Senator Abdul Ningi and the National Assembly. His allegation of budget padding to the tune of N3trn has led to his suspension, resignation as Chairman of Northern Senators Forum and the unveiling of more can of worms, despite an explanation and clarification by the leadership of the National Assembly, Minister of Budget and Economic Planning, Abubakar Badaru, said that the alleged padding was a false alarm.

Just like Hon Jibrin who was suspended in 2016, Senator Ningi who had been suspended for three months for insisting that the N3trn was untraceable, continues to maintain that his disclosure is yet to be addressed.

“

“Have they asked me since the so-called crisis, where are your findings? Where are your documents? I am not using my head to come up with figures. Nobody has talked to me about evidence. Nobody has suggested even listening to me. All they are trying to do is to ensure that Ningi is silenced or arrested so that he does not do anything. I have opened the can of worms. Neither they nor I will be able to control it.”

At any rate, hardly had Ningi’s allegation settled down than another ‘padding’ of the sum of N6.6 trillion was traced to 20 ministries for “unknown projects last weekend.”

According to Microxpressions Consult in its “Final Summary Analysis of Harmonized 2024 Budget (Passed)”, which it submitted to the National Assembly, “N6,671, 810,092, 564 out of the N8,447,888,443,379, representing 71 per cent of the total ‘Development Capital Allocation was “assigned to initiatives that are elusive.”

It went on to say that an additional N4,185,711,477,842 was earmarked for projects that lack specific geographic identifiers, thus complicating the traceability and accountability process.

Meanwhile, Co-founder and CEO of BudgIT, Seun Onigbinde, last Wednesday backed Senator Ningi's claims that over N3 trillion was allocated in the 2024 budget without the details or expenditure on the items for which the allocation was provided.

Although he agreed with Senator Ningi that there should be a detailed breakdown of the budget, he however disagrees with him that the government is running two different budgets.

Have they asked me since the so-called crisis, where are your findings? Where are your documents? I am not using my head to come up with figures. Nobody has talked to me about evidence. Nobody has suggested even listening to me. All they are trying to do is to ensure that Ningi is silenced or arrested so that he does not do anything. I have opened the can of worms. Neither they nor I will be able to control it

But Minister of Budget, Bagudu said there was no cause for alarm. Like the Senate spokesperson, Senator Yemi Adaramola, who said there was nothing like budget padding as far as the Senate was concerned, Bagudu said that the new insertions did not violate any law and it has been so since 1999 because what the President presented to the National Assembly was a bill, but the budget passed with modifications was an act of the

National Assembly. The President presented a budget to the tune of N27.5 trillion and the National Assembly increased it to N28.7 trillion.

The National Assembly has the power to do as it likes with the budget.

“There is no Supreme Court judgement and the choice of democracy is that the National Assembly has the last word. Even when they pass an appropriation that assent is refused, after 30 days, it becomes law. Do they have the right to increase a budget line? I will say yes.”

But for the civil society and politicians, the last word is yet to be heard about budget padding 2024. “We therefore call on the President of the Senate to immediately step aside for a thorough investigation of the allegation of budget padding against him and his office within 14 days.

The Conference of Nigerian Political Parties, CNPP and a coalition of civil society groups say it is time this lingering issue of budget padding, which they consider a form of political corruption that misappropriate funds for social and economic development be settled and rested for once.

In a note sent to THEWILL, Deputy National Publicity Secretary of CNPP, Comrade James Ezema, and the National Secretary of the coalition of CSOs, Alhaji Ali Abacha, the umbrella association of registered political parties and political associations in collaboration with the civil society groups, stated that the President of the Senate, Godswill Akpabio, should step aside for proper investigation to be done on the matter.

“In an event that he remains in office, we also call on all Senators of good conscience to rise to the occasion and commence impeachment process against Senator Akpabio after our 14 days ultimatum to pave way for an unhindered investigation of the allegation against him as Senator Akpabio cannot be a judge in his own case,” they said.

They called on President Bola Tinubu “to stand on his feet and end the era of budget padding in the country by prevailing on Senator Akpabio to leave office for proper investigation as the presidency in a statement signed by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, inadvertently admitted that there was a budget padding to the tune of over N1 trillion when he claimed that President Tinubu presented N27.5 trillion budget to the National Assembly, but N28.7 trillion was passed; and this proves that there is merit in the allegation as what was passed was not what was presented to the National Assembly.

“So, if our demands are not met, we will have no other choice than to mobilise our members, all other civil society organisations, human rights activists, opinion leaders, political parties, men and women of good will and conscience, and all hungry citizens to occupy the National Assembly until our demands are met”, the CNPP and the Coalition of CSOs stated.

BudgiT's Onigbinde said that President Tinubu has to put his foot down on what should be allowed or disallowed in the budget.

“The President needs to step in. This is a brazen attempt not to make development happen. And he has to come up with a political solution. I don’t think a legislative solution is a way out of this, I believe the budget, being a law, can be amended and tweaked by the National Assembly. The President has to set a cap on what can be inserted in the budget, that would be a political solution,” he said.

Suspended Betta Edu Still Missing in Action

BY AMOS ESELE

At the meeting between First Lady, Senator Oluremi Tinubu and women leaders of the All Progressives Congress, APC, a fortnight ago at the Villa, suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu’s absence was not just a sad reminder of the fate that has befallen her but also the reality of power.

Many of the women at the event held to mark the International Women’s Day – six zonal leaders and 36 others from across the states – were led by the National Women’s Leader, Dr Mary Idele Alile and her deputy, Hajia Zainab Ibrahim.

Many months ago, some of these women had stormed Aso Rock to see President Bola Tinubu over what they described as the domineering posture and inaccessibility of Betta Edu as National Women’s Leader of the governing party. They wanted her to be called to order and told to "always carry the women along." That was shortly before she was appointed minister. And the disaster that befell Betta Edu and made her a person non-grata before the powers that be. Suspended from office by the President over a messy disbursement of N585,195, 500.00 into a personal bank account, Edu has not been seen and nothing has been heard of her. She appears to have gone scot free with a slap on the wrist for an offence that generated intense public outrage barely six months into the life of the administration, in spite of the President Tinubu’s directive to the Chairman of the Economic and Financial Crimes Commission, EFCC, to carry out a “thorough investigation” of all the ministry’s financial transactions.”

As a follow-up, the President ordered the suspension of the National Social Investment Programmes, NSIP, such as the N-Power Programme, Conditional Cash Transfer Programme, Government Enterprise and Empowerment Programme and Home Grown School Feeding Programme pending investigations.

Edu however has denied any wrong doing, with her office insisting that she had approved the transfer into a personal account for the “implementation of grants to vulnerable groups.”

“The alleged recommendation suggesting that a new steering committee board under the leadership of the minister of finance should henceforth oversee the social investment programmes is not only an anomaly but contravenes the extant law which situates the implementing agency and programmes under the purview of the ministry of humanitarian affairs and poverty alleviation,”Osawaru said

Like a bolt from the blue, Edugate reverberated at the House of Representatives last Wednesday.

Rep Billy Osawaru (PDP, Edo) on Wednesday during plenary moved a motion stating that the suspension of the NSIP during “this period of increasing hardship is “heightening the challenges of the vulnerable population relying on its assistance and could lead to a rise in poverty levels, social unrest and “ultimately impacting negatively on the overall stability and development of the country.”

Even the movement of the social investment programmes to the Federal Ministry of Finance was unlawful, Osawaru argued.

“The alleged recommendation suggesting that a new steering committee board under the leadership of the minister of finance should henceforth oversee the social investment programmes is not only an anomaly but contravenes the extant law which situates the implementing agency and programmes under the purview of the ministry of humanitarian affairs and poverty alleviation,”Osawaru said.

He stated that until the National Social Investment Programme Agency Act 2023 is amended and enacted, decisions taken so far by the executive was a mere exercise in futility.

Against the background of the prevailing hardship in the country, Osawaru prayed the House to “urge the government to direct a serving minister of state to oversee relevant approvals and implementation of the social investment programmes to minimise the adverse implication of increasing hunger and sufferings experienced by vulnerable Nigerians relying on the programme.”

Interestingly, representatives adopted the motion when

Speaker Abbas Tajudeen put the motion to voice vote.

Investigation by THEWILL however shows that until Edugate is sorted and resolved, it will continue to reverberate in different forms as it did at the House of Representatives last week. For one, she is said to have been ‘banished’ from the Presidential Villa and public affairs circles, even as the EFCC and ICPC carry on with the presidential directive to thoroughly conduct investigation into the matter.

Approached for comments on Friday, a presidential source told THEWILL in confidence that the government was not in a hurry to conclude the issue as it has allowed due process to take its course.

“The Ministerial Committee set up to look into the Social Investment scheme is not an investigative panel. We want the EFCC and the ICPC to do their work. This should not in any way be seen to be as if she has been left scot-free. No rush. As soon as the relevant agencies finish their work the final decision will be taken.”

BACKGROUND

The suspended minister was accused of authorising the payment of N585 million into the private account of one Bridget Oniyelu after the Accountant-General of the Federation, Oluwatoyin Maiden, turned down her request for authorisation.

After her suspension on January 8, 2024, she went to the EFCC the next day to explain the circumstances surrounding the fund transfer

The money was reportedly meant for payment to vulnerable groups in Lagos, Cross River, Akwa Ibom and Ogun States.

Although she maintained her innocence and insisted that she acted within the legal boundary of the civil service rules, stating that she had been targeted because of her anti-corruption stand, Chapter Seven, Section 713 of Nigeria’s Financial Regulations 2009 , however made her plea untenable.

According to that Section, “Personal money shall in no circumstances be paid into a government bank account, nor shall any public money be paid into a private account. Any officer who pays public money into a private account is deemed to have done so with fraudulent intention.”

Almost at the same time, her predecessor in office, Sadiya Umar-Farouk, the pioneer Minister of Social Development, Disaster Management and Humanitarian Affairs, as it was then known, was also alleged to have mismanaged the accounts and was invited for questioning by the EFCC over alleged N37.1 billion said to have been laundered by officials of the ministry during her tenure.

In the same vein, Halima Shehu, National Coordinator and Chief Executive Officer of a related agency, the National Social Investment Programme Agency, was suspended by the President over alleged laundering of N44. Billion. She was y also grilled by the EFCC about the same time. Shehu had worked at the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development from 2017 to 2022.

A dependable EFCC source told THEWILL on Friday that the Commission is yet to conclude investigation as specified by President Tinubu in his directive to investigate the affected ministry and all relevant agencies linked to the allegations. He could not tell when the investigation will be concluded.

Why NLC Wants Abure Out as LP National Chairman

BY AMOS ESELE

The National Chairman of the Labour Party, Julius Abure, is in the eye of a storm again, this time with an immovable force. Unlike his traducers either in the National Working Committee, NCW, of the party, who had accused him of highhandedness and corruption but got booted out instead or factional leaders whom he had defeated in the law court, he is on a collision course with the owners of the party, the Nigeria Labour Congress, NLC.

The issue is Abure’s secret plan to conduct a national convention without the awareness of the NLC, thereby bringing to the fore all the past allegations of misconduct levelled against him by officials of the party.

In a strongly worded reaction, through its Political Commission, titled, ‘A Misadventure In Political Mischief, Mismanagement and Misdemeanour Gone Too Far,’ signed by Comrade Titus Amba, Chairperson and Comrade Chris Uyot, Secretary and dated March 15, 2024, the NLC stated that it received with shock, “the news of the clandestine scheduling of a supposed National Convention of the Labour Party in March 2024 by the National Chairman, Barrister Julius Abure.”

Explaining that the leadership of the NLC was never informed of the scheduled national convention, they said that Abure’s action confirmed the allegation that he has been running the party as though he had sole proprietorship of the political party in clear violation of the March 20, 2028 ruling by Justice Gabriel Kolawole of the Federal High Court, which mandated the Labour Party to hold an allinclusive national convention.

to March 27 and venue from Benin City to International Conference Centre in Umuahia, Abia State, for the conduct of the national convention.

Explaining further, the party source said Abure's plan was to keep the convention secret and conduct it with only a handful of loyal state chairmen, secretaries and faithful lackeys in attendance.

“The grand plan was to culminate in an announcement on Good Friday morning (28th March), notifying the rest of the party that a convention had been held and Abure returned as Chairman. The long Easter weekend would then help cushion the shock and backlash, but leave most party members with no time or options to react. “

Abure’s self-perpetuation game plan was said to include a carefully crafted convention guideline which stipulates that no party member who joined the party within the past two years, was eligible to vote or be voted for at the convention.

Claiming that Abure had partially implemented agreements reached with the NLC, under INEC mediation, to include members of organised labour in the party’s NCW, form a Board of Trustees of the LP and conduct an inclusive National Convention, the NLC lamented that Abure’s plan to organise a secret convention was a further confirmation of allegations of highhandedness as portrayed in the recent accusation of diversion of N3.5 billion by suspended Treasurer, Ms Oluchi Opara, the outrageous N30 million charges for governorship nomination form in Edo State, as well as pending cases of fraud and forgery against him, all of which have reduced the post-2023 national status of the party in the eyes of the public.

The NLC then delivered its verdict: “It is on this note that the leadership of the NLC passes a vote of no confidence on Mr Abure as National Chairman of the Labour Party and demand his immediate resignation,” while a caretaker committee is constituted to “organise a legitimate and allinclusive National Convention of the Labour Party.”

Confirming these developments on Friday, a dependable party source confided in THEWILL that Abure’s plan to perpetuate himself in power had always been the source of crisis in the party.

He said Abure and some members of his NWC members had hatched a clandestine plan to perpetuate themselves

in office for another four years without the awareness of 99 per cent of the party’s members.

Explaining the scheme, he said, “Right after the off-cycle governorship elections in 2023, Abure and his National Secretary, Umar Faruk Ibrahim, secretly submitted notification for the party's national convention to INEC. The purpose of the convention is to elect new leaders for the party, for the next four years. The Proposed date and venue for the convention was March 29, 2024 in Benin City, where Abure, until recently, believed to be his fortress (recall he engineered his coup which brought him to power in 2021 in the same city).

“Abure and Faruk have kept the proposed convention a secret from the entire party. “However, following his recent arrest in Benin City, prior to the party's Edo State governorship primaries, Abure, realizing that he had little influence in Benin City, sent a letter to INEC last week, requesting a change of date and venue for the secret convention.

“He now plans to hold his coronation on the 27th of March, in Umuahia, Abia State - Gov. Alex Otti's domain.

According to the mentioned letter, seen by THEWILL, Abure and Farouk Ibrahim who signed it, informed the electoral commission of a change of date from March 29

“This guideline was inserted deliberately to neutralise the Obidient Movement from playing any role in the convention, if for any reason, news of the same inadvertently leaked out, “said the party source.

Moreover, “Abure and his co-conspirators have also not informed any potential aspirants of the secret convention. No forms have been sold to any aspirant or delegate. Which means that Abure and his cohorts will eventually be the sole candidates on convention day and be returned unopposed to their plum positions.”

What remains unclear in this unfolding drama is the roles of Governor Alex Otti and indeed, Peter Obi. Are they part of this grand conspiracy to keep Abure in office? As the National leaders of the Party, it is impossible to imagine that Abure intends to perfect his grand plan without the knowledge and cooperation of Alex Otti and Peter Obi.

According to the source, “To be sure, the secret convention is now scheduled to be held under the protection of Alex Otti, in Umuahia - Abia State. What is certain is that this leaked letter to INEC has thrown a major spanner in Abure's works.

“A major conflict has broken out between Abure and Faruk, with the former accusing the latter of deliberately leaking the document to the public, as he wants to emerge National Chairman, rather than himself.”

Efforts to reach the National Publicity Secretary, Obiora Ifo, proved abortive as he did not answer calls to his phone or return messages.

“

It is on this note that the leadership of the NLC passes a vote of no confidence on Mr Abure as National Chairman of the Labour Party and demand his immediate resignation,” while a caretaker committee is constituted to “organise a legitimate and allinclusive National Convention of the Labour Party

The allegations and accusations against the socalled ''ranking Senators'' have further gone to show the rot in the system and sheer insensitivity on the part of the lawmakers at a time most Nigerians are struggling to make ends meet under the prevailing hardship across the country

Scandalous Budget Padding Allegations

The 10th Senate under the leadership of Godswill Akpabio as President is in the news again and for the wrong reason. The scandalous budget padding allegations rocking the Senate under his leadership is simply another messy affair.

Despite all the justifications made so far, the hallowed Red Chamber will really find it very difficult to clear these messy and scandalous allegations for a very long time to come, no matter the explanations.

Although the "whistle blower,'' Senator Abdul Ahmed Ningi, a Peoples Democratic Party (PDP) member representing Bauchi Central Senatorial Zone at the National Assembly, has been suspended for three months, the allegations have further opened another can of worms at the 10th Senate under Akpabio.

The Senate must have made a serious mistake by not investigating Ningi's allegations before rushing

to suspend him. Just like the suspended Senator said, if the Senate thought his suspension would silence him, the ''battle'' has just begun.

Frankly speaking, the Senate cannot in any way silence a whopping N3 trillion budget padding allegation by simply suspending Ningi – another smart way to ''off the mic'' – a style the Akpabio leadership at the Senate has been noted for.

This time around, the allegations and accusations against the so-called ''ranking Senators'' have further gone to show the rot in the system and sheer insensitivity on the part of the lawmakers at a time most Nigerians are struggling to make ends meet under the prevailing hardship across the country.

The persecution and castigation of Ningi by his colleagues at the Red Chamber has also shown that the Senators do not care a hoot about what happens to the ordinary Nigerian as long as their own bread is continuously buttered through fraudulent pillaging and sharing of the

nation's commonwealth.

One can then understand why the lawmakers have resisted all efforts to remove constituency projects from the annual budgetary allocations and have continuously insisted that payment for such projects be paid directly to them.

The statutory provisions actually mandate the National Assembly Commission to handle the funds for the Zonal Intervention Projects and the lawmakers are only expected to submit the list of projects to the Commission.

However, the reverse is the case in reality as the funds are being ceded and channeled directly to the lawmakers, who consider the funds as their own ''security votes'' to be disbursed at their discretion.

The National Assembly should therefore go on a soul-searching mission to review some of the so-called ''rights and privileges'' of members, which in the present circumstances, are simply selfish and inconsiderate, given the hardship most Nigerians are passing through now.

When a Senate President Becomes Flippant

BY IFEANYI IZEZE

The need for the Senate President, Godswill Akpabio, to be re-educated on what constitutes witticism and what should be handled with maturity and sobriety is no longer a call to duty, but a call to urgency.

How else do you describe the comments Akpabio made, especially the direct attack on the Governor of Rivers State, Siminialayi Fubara, at the funeral of the former Access Bank chief, Herbert Wigwe, if not to say it was very unnecessary and at worst, outrightly callous?

ANY SANE PERSON WOULD WONDER WHY THE SENATE PRESIDENT DECIDED TO TURN A SAD MOMENT WHEN FAMILY AND FRIENDS WERE MOURNING SUCH TRAGIC LOSSES INTO A POLITICAL JAMBOREE AND A DAY OF A THOUSAND LAUGHS

Akpabio should be told, if he is not aware yet, that his recent actions have been a source of embarrassment to the Senate and the people of Nigeria, and they have undermined his credibility as a leader of this great country.

This same Akpabio, last month, at a function in the Tai Local Government Area of Rivers State, asked the Minister of the Federal Capital Territory, Nyesom Wike, to look for someone from Ogoniland to succeed Fubara in 2027. The incumbent governor is an Ijaw from Opobo in the same senatorial district as the Ogoni – Rivers South-East Senatorial District. It didn’t occur to him that the statement would pitch Ogoni against Opobo and by extension, the entire Rivers Ijaw. Is that not a blunder by a man who is supposed to be the number three citizen of the country?

At Isiokpo, he responded to a remark by the governor that had nothing to do with him, asking Fubara to quit his office if the struggle was not worth it. Haba!

It is on record that Governor Fubara had never had issues, political or personal, with Akpabio. It would be recalled that although a PDP governor, Fubara urged federal lawmakers-elect from Rivers State to vote for Akpabio as Senate President in the 10th National Assembly.

As the President of the Senate, Akpabio has a responsibility to conduct himself in a manner that is above reproach. What entered his head to have begun his speech at Isiokpo by lamenting that Peter Obi, the Labour Party presidential flagbearer in the 2023 general election, received greater applause from the crowd than he got? Political jibes at a solemn triple funeral in one family? If this was not the height of

insensitivity, what else was it?

Any sane person would wonder why the Senate President decided to turn a sad moment when family and friends were mourning such tragic losses into a political jamboree and a day of a thousand laughs.

Governor Fubara, while giving his remarks at the burial had said: “This one has to do with our political class. What is all this trouble all about? You want to kill, you want to bury. What is all this struggle about?”

The Senate President then decided to directly hit back at the state governor by asking him to quit his political career, if he thought it was not worthwhile.

He said: “What is the struggle all about? I will answer you. In 2006, I wanted to be a deputy governor, so the then-deputy governor invited me and told me that this office had no money, there was nothing in it. I don’t know why you still insist on removing me from here and taking over.

“So the woman who went with me said ‘Your Excellency, then don’t wait for impeachment, just resign since there’s nothing in it’. And he stood up and started punching the woman, and I told him, Your Excellency, don’t punch her, she’s telling the truth. There is nothing in the office. That’s why I want it, because you’re too big for it. So your Excellency, Governor Fubara, if there’s nothing in the struggle, don’t struggle.”

Every decent person must be really pissed off by Akpabio’s comments, as it was outrightly in bad taste. Is it because of the unscrupulous wealth he has gathered over the years or sheer flippancy that has become a characteristic that he no longer knows how to talk?

How could such a mature man, who is from a culture that respects the dead stand before a seriously bereaved and emotionally battered family to complain that the people in the church didn’t give him the same applause and reception they gave Peter Obi?

What was Akpabio’s headache in the rhetorical question asked by the Rivers governor, a question, which was not directed at him, that he chose to give a verbally attack Fubara?

As if that wasn’t sinful enough, he ended up telling everyone to join him in consoling the widow, who was in one of the three caskets lying right before him! Do you call that a joke or pure prattle insensitivity?

As a damage limitation measure, Akpabio should take a step back and reflect on his recent actions that have brought his person and the exalted office of Senate President to ridicule.

He has a responsibility to conduct himself in a manner that is above reproach or else, we will “switch off his mic.” God bless Nigeria.

Renewed Hope: Harnessing Power of Property-Related Taxes in Nigeria

BY AYO ALLI-BALOGUN

Landed properties have proven to be one of the most visible indicators of personal wealth as they are easily identified and immovable, making generating revenue from them relatively easy for both landlords and governments. In most OECD countries, property taxes account for 1-2 percent of their Gross Domestic Product (GDP), while in other countries collection amounts to only 0.1-0.2 percent of their GDP.

Revenue potentials from the property-related taxes include land use charges, capital gains tax, withholding tax on rental Income, personal income on rental income, stamp duties, building plan approvals, ratification and regularisation fees.

Although Nigeria's real estate market has been valued at an estimated $56 billion and our urban-centric economic growth/continued urbanisation boosts real estate values whilst generating enormous wealth for property owners, revenue from property tax remains abysmally low compared to other countries.

Property taxes are widely recognised as an economically efficient and progressive revenue source; the current revenue compared to the size of the Nigerian economy shows that the enormous potential has not been fully tapped by the country’s sub-national governments.

In most states, the processes in place for tax collection are inefficient and ineffective, leading to lost revenue. The current systems are characterised by weak or non-existent legal frameworks, inefficient property enumeration, narrow coverage of issued assessments, nondelivery of assessment notices, and inadequate enforcement mechanisms.

In order to drive an efficient and effective property tax system, we need a strong legal framework partnered with a robust IT platform with GIS property identification features and the ability to seamlessly handle identification of properties in the state. There also needs to be a working system for the preparation of tax rolls, issuing tax bills, collecting taxes,

IN PURSUANCE OF OUR DREAM FOR AN EFFECTIVE PROPERTY TAX SYSTEM, ADDRESSING THE ISSUE OF 'WELL-CONNECTED' INDIVIDUALS, WHO USE THEIR POWER TO FRUSTRATE THE SYSTEM, MUST BE OF UTMOST IMPORTANCE

responding to assessment appeals, dealing with arrears, and payment enforcement.

Most importantly, our tax system will benefit from the integration of useful data relating to properties, owners, and occupants, which are currently siloed in different government departments.

Finally, in pursuance of our dream for an effective property tax system, addressing the issue of 'wellconnected' individuals, who use their power to frustrate the system, must be of utmost importance. It is, therefore, incumbent on state governors to demonstrate political will to collect revenue from this viable source and plug all necessary loopholes.

•Alli-Balogun is a Fellow of the Chartered Institute of Taxation of Nigeria/Former Head of Physical Planning Unit LIRS

Loses

The Nigerian naira lost 241.12 percent of its value in the official market in nine months of devaluation between June 14, 2023 and March 14, 2024 – amid the rollercoaster ride it experienced during the period.

Following the floating of the currency in line with President Bola Tinubu’s “bold” market reforms, the naira which traded at N471.67 to a dollar on Tuesday June 13, plunged to N664.04 to a dollar on Wednesday June 14, the first day of the devaluation.

This translated to a 40.78 percent depreciation in one swoop in the official window, while the parallel market dropped from N500 to a dollar to N768 to a dollar.

Nine months after the unification of the foreign exchange market, and floating of the naira, the domestic currency traded at N1,608.98 to a dollar in the official market on Thursday, March 14, 2024, representing a value loss of 241 percent. The parallel market rate closed at N1,605 per dollar.

During the nine months, the naira plunged to the deepest spot of N1,665.50 to a dollar on February 23, 2024 while the highest turnover of $465.29 was recorded on February 6, 2024 as the Central Bank of Nigeria (CBN) accelerates efforts to boost liquidity in the market.

This is by way of massive borrowing, including the $3.3 billion emergency crude repayment loan secured from Afreximbank by the Nigerian National Petroleum Company Limited (NNPCL) in August 2023 to support the naira and stabilise the foreign exchange market.

The Federal Government also plans a $1 billion euro bond sale by June 2024, while it also battles the fiercely rising inflation that has created huge challenge for businesses and households as prices of goods and services soar alarmingly.

Inflation hit 31.70 percent in February 2024 from 29.90 percent in the preceding month and 21.91 percent

Continues on page 33

Nigeria’s Consumer Protection Agency Condemns Increase in Price of Sachet Water

‘Lagos May Increase Tax on Sugar-Sweetened Beverages to Reduce Disease Burden’

EDITOR Sam Diala

N30trn Ways And Means: Senate Probe Business as Usual – Experts

BY SAM DIALA

About five months after it initiated an investigation into the multitrillion naira repairs of the nation’s moribund refineries, the Senate on March 12, 2024 commenced another fact-finding process.

The upper legislative chamber inaugurated a panel to probe the N30 trillion ways and means advances under the immediate past President Muhammadu Buhari whose eight-year rule ended on May 29, 2023.

Ways and means is a loan facility through which the central bank finances the government’s budget shortfalls.

The Central Bank of Nigeria (CBN) Act 2007 stipulates that the apex bank may grant interim advances to the Federal Government in respect of temporary deficiency of budget revenue provided such overdraft do not surpass 5 per cent of the Government revenue from the previous year.

But this statutory provision was massively abused under Buhari leading to the humongous N30 trillion ways and means which the Bola Tinubuled administration stressed that it contributed largely to the current economic and financial trouble choking the nation.

The probe committee was set up, following the adoption of a resolution of the Senate Joint Committees on Banking, Insurance and other Financial Institutions; Finance; National Planning; Agriculture; and Appropriation.

In his inaugural address, the Senate President urged the 17-man Committee, which had 12 weeks to submit its report, to be impartial, non-compromising and confidential in handling the affairs of the committee.

Akpabio said the 10th Senate believes in transparency, accountability and good governance, adding that the Committee should prove their commitments as Nigerians were agitating to know how the huge sums

of money were utilised.

The flipside

However, finance and other industry experts who spoke to THEWILL on the latest Senate’s shop-list of probes described the exercise as a move on the lawmakers’ familiar path of business as usual. Some were miffed that many of the lawmakers in the 10th Assembly were part of the 9th Assembly that expressly approved former President Buhari’s several requests for the Ways and Means advances, without insisting on the details.

Among them is Senator Ahmed Lawan who was the Senate President at the time.

A petroleum engineer and chartered accountant, Bala Zaka, said the probe is an exercise in futility. In a telephone chat with THEWILL, Zaka who is also a chartered taxation practitioner, said the lawmakers know the degree of waste and corruption that reigned under Buhari.

“Those criticising the former President today were his praise-singers. When a leader leaves office, his praise-singers move to the next leader. Were they not aware of the rot that reigned during the Buhari-led administration, and how money was spent like water?” Zaka asked.

Another respondent, James Ikungbomire, said the lawmakers must be looking for something we do not know, or targeting an individual or group of persons to witch-hunt.

Mr Ikungbomire, an economist and entrepreneur, recalled that Nigeria lived practically on borrowing during Buhari as the economy was hemorrhaging from massive oil theft and stealing under the guise of oil subsidy payment.

NIGERIA'S DEBT PROFILE & EXCHANGE RATE 2014-2023(Q2)

BUSINESS WEEKLY

...Senate Probe Business as Usual – Experts

The decision by the Senate to investigate the humongous Ways and Means spending under Buhari has added weight to concerns about the lawmakers’ indulgence in theatrical probes

He said, “Buhari government was a bazaar. Every sector was under siege by corrupt political leaders, civil servants and friends and relatives of the presidency. Have you forgotten the scam called ‘Nigeria Air’ and how it was launched by the same President who knew it was a scam? The money they stole and wasted is what led to the printing of money by the CBN to meet the extravagant spending of the government.”

In retrospect

Some of those who spoke to THEWILL recalled that the Nigerian National Petroleum Company Limited (NNPCL) remitted literally zero funds to the Federation Account in 2022 due to the payment of subsidy on Premium Motor Spirit, popularly called petrol, as once revealed by the Chief Financial Officer, Umar Ajiya.

The NNPCL is a major revenue generating agency in Nigeria, operating as the national oil company in charge of the management, sales, and other activities of the country’s crude oil and gas, among other key functions.

Ajiya, in a video released by the national oil company said fuel subsidy stopped the revenue generating firm from remitting taxes and royalties to the Federation Account, as well as halted the company from making profit.

Also, NNPCL, in the documentary, said, “The lingering constraint of fuel subsidy payment hampered its (NNPCL) growth potential, until a new administration emerged, bringing an end to the subsidy regime and saving the company from bankruptcy and setting it on a path of financial prosperity.”

They also recalled that the NNPCL disclosed that the nation lost $10 billion through oil theft, while the moribund refineries continue to gulp money.

“The government was still sharing revenue and paying salaries during these periods. Where do you think the money came from”, asked Ikungbomire. He recalled the disclosure by Gov. Godwin Obaseki of Edo state that the government was printing money to meet its statutory obligations.

Governor Obaseki had disclosed in April 2023 that Nigeria was in huge financial trouble and that the federal government printed N60 billion as part of federal allocation for March, which the government denied.

Senate as accomplice

THEWILL recalls that the 10th Senate had in December 2023 approved President Tinubi’s request for the securitisation of the outstanding debit balance of N7.3 trillion of the Ways and Means Advance in the Consolidated Revenue Fund (CRF) of the Federal Government.

The Senate President, Godswill Akpabio, announced the approval after majority of the lawmakers supported it through a voice vote during the plenary.

The securitisation is the process of pooling assets and repackaging them into interest-bearing securities.

The Buhari administration had relied heavily on the CBN to finance its expenditure programmes via Ways and Means, whose balance as of December 19, 2022, stood at N22.7 trillion.

...Naira Loses 241% Value in 9 Months

in February 2023, according to the latest report by the National Bureau of Statistics.

The astronomical rise in inflation rate, driven majorly by high price of food, occurred after the CBN had conducted its first Monetary Policy Committee (MPC) meeting on February 26 and 27, where it announced a jumbo hike in interest rate by an unprecedented 400 basis points from 18.75 percent to 22.75 percent.

The devaluation-induced high inflation has hit every sector of the economy resulting in loss of employment and rise in misery index among the citizens.

For instance, the Manufacturing Association of Nigeria (MAN) in its recent report revealed that over 760 manufacturing companies shut down operations while 335 experienced distress in 2023, leading to N350 billion unsold goods.

The group attributed the disturbing development to various economic difficulties, including exchange rate volatility, rising inflation, and a general worsening of the investment climate.

Amid the poor economic climate with weak productive base, experts predict tougher times for the country, with increased borrowing as the way out.

The Economist Intelligence Unit (EIU) in its latest Country Report on Nigeria, highlighted the precarious position of the naira amidst rising inflation and policy decisions that may further affect the currency’s stability.

The report read: “For most of this year, the naira will be highly volatile, leading to regulatory erraticism that can affect businesses, especially those holding foreign currency.

“The CBN lacks the liquidity to support the naira itself; out of US$33bn in foreign reserves, a large share (estimated at nearly US$20bn), is committed to various derivative deals.”

The EIU also suggests that foreign borrowing will be essential to rebuild the CBN’s reserves, clear backlogs of unmet foreign exchange orders, and restore confidence in the naira.”

It further stated: “Our view is that it will take foreign borrowing to rebuild the CBN’s buffers, fully clear a backlog of unmet foreign exchange orders and restore confidence. This is probably only achievable towards the end of 2024.”

Notably, Nigeria has already taken steps in this direction, securing a $3.3 billion loan from the African Export-Import (Afrexim) Bank and a $1 billion loan from the African Development Bank, with an additional $1.5 billion sought from the World Bank.. Following a significant devaluation in early February, further depreciation is expected due to persistently high inflation and negative real short-term interest rates.

However, the report holds a balanced forecast, predicting an end-2024 rate of N1,770/$1. It anticipates a volatile year for the naira, with potential regulatory changes that could impact businesses, especially in the face of foreign currency holdings.

The report underscores the dilemma faced by the CBN, noting that despite an increase in the policy rate in February, the overarching economic goals set by President Bola Tinubu, including a notable aversion to high-interest rates and the ambition to double GDP by 2031, may hinder the necessary monetary tightening to attract foreign investors.

This scenario is exacerbated by high inflation rates, eroding the real value of shortterm interest rates and potentially leading to higher unemployment if aggressive monetary policies are adopted.

UTM Solicits NCDMB’s Equity Investment, Approvals For Floating LNG Project

UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project and to accelerate key approvals that would fast-track the project’s development.

The request was made on Wednesday at the Nigerian Content Tower in Yenagoa, Bayelsa State when the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe hosted the management of UTM Offshore Limited led by the Group Managing Director, Mr. Julius Rone.

The target completion date of the FLNG project is 2028 and it hopes to contribute about 450,000 tonnes of liquified petroleum gas (LPG), otherwise known as cooking gas per annum to the domestic market. This will assuage Nigeria’s average demand of about 1.5 million tonnes of LPG per annum and reduce the dependence on the importation of LPG.

Giving a brief on the company, the Group Managing Director stated that UTM is a 100

percent indigenous company, and the floating LNG project will optimise Nigeria’s stranded gas offshore, enhance energy transition, promote domestic consumption of cooking gas, and aid technology transfer, among other benefits.

He invited the NCDMB to take equity in the project, hinting that the Nigerian National Petroleum Company Limited (NNPCL) and the Delta State Government were already partners on the project given its importance to Nigeria’s energy security.

He described the FLNG as another confirmation of the capability of Nigerians to develop projects of world-class standards.

He announced that roadshows were being planned for Uyo and Abuja in April 2024, to showcase the Nigerian Content opportunities in the project and to engender increased participation of Nigerian oil and gas services companies.

The UTM Offshore boss thanked the Board’s Management for facilitating the project’s progress, just as he solicited greater synergy

with his company on all aspects of Nigerian Content implementation and overall development of the project.

Providing further details, the Technical Manager of the FLNG, Engr. George Amara stated that the project's target total production is 2.72 million tonnes per annum (MTPA), with LNG accounting for 1.81 MTPA, LPG taking up 0.45 MTPA, and condensate making up 0.25 MTPA.

He commended NCDMB for approving key stages of the development, including Pre-FrontEnd Engineering Design (Pre-FEED), the PreFEED Nigerian Content Development (NCD) Plan, and the Front-End-Engineering Design (FEED) NCD Plan. Other accomplishments include the Engineering Procurement Construction NCD Plan, the training of three indigenous engineers for Pre-FEED Nigerian Content Development, and the engagement of 13 Nigerian engineers for the FEED NCD scope as well the engagement of Nigerian engineering firms for different aspects of the project.

Mildred Medinus;

Chief

Nigeria’s Consumer Protection Agency Condemns Increase in Price of Sachet Water

The Federal Competition and Consumer Protection Commission (FCCPC) on Friday described the increase in the price of sachet water in the country as unacceptable and unfair.

The FCCPC acting Executive Vice-Chairman/Chief Executive Officer, Adamu Abdullahi, disclosed this while speaking at an event to commemorate the 2024 World Consumer Rights Day in Abuja on Friday.

The price of sachet water has gone up across the country in recent times. Currently, a bag of sachet water sold between N200 and N250 now sells as high as N500 in Abuja and other parts of the country.

Some residents of the Enugu metropolis had earlier in February expressed discontent over the scarcity and rising cost of drinking water in the state capital despite the state government’s promises.

Speaking on Friday, Mr Abdullahi explained that there was no reason for the increase in the price of sachet water in the country while noting that the astronomical increase in the price of sachet water by various associations is “unacceptable and unfair” to consumers.

“Yes, power (electricity), fuel, and price of nylon have increased, but that cannot explain the cause of the astronomical rise in price,” Mr Abdullahi said.

“What we have discovered is that most products now have associations, even the sachet water producers. When you have your eggs that you brought from your farm to sell at Wuse Market, the association of egg sellers will tell you that you have to sell to them at cheaper rates while they resell to consumers at higher prices,” he added.

He noted that this has now resulted in the emergence of cartels.

“And cartels, anywhere in the world, are not acceptable. Our act is against price fixing, and it is not acceptable to us. We will find out these cartels and do something about their activities. Consumers international joined the efforts that gave us an inkling of how prices have rolled in Nigeria in the last three months, and it is so surprising and unacceptable.

“It is simply the issue of cartels, and we have to break in, find out what is going on, and dissolve such cartels. But the consumers are the ones who will lodge the complaint with us before we go and find out.

“As we navigate the complexities of the digital age, permit me to state that FCCPC is also concerned with other prevailing issues bedevilling consumers in Nigeria, particularly the rapidly rising price of food, as in most other nations of the world,” he added.

Notwithstanding, Mr Abdullahi said the commission is not a price control agency.

“We are deeply committed to addressing the rapid rise in food prices affecting Nigerian consumers,” he said.

He further explained that the surge in food prices can be attributed to various factors, including market cartels, price fixing, hoarding, and gouging or a lack of transparency in pricing.

“A few weeks ago, we intensified our surveillance operations. This led to an enforcement action against unlawful and unfair pricing practices thus sending a clear message that such behaviours will not be tolerated.

Our Investment in Agriculture Empowering Residents, Mbah Tells IFAD

The Enugu state Governor, Peter Mbah, has said that since assuming office, the administration’s investment drive has begun lifting poor citizens out of poverty. This was as the International Fund for Agricultural Development (IFAD) praised the governor for his vision of sustaining IFAD programmes in the state, noting that the critical success of the projects was sustainability.

Mr Mbah asserted on Thursday while receiving the IFAD’s Associate Vice President (AVP), Donal Brown, and members of his team who were on a working visit to the state.

The governor, represented by his deputy, Ifeanyi Ossai, a lawyer, expressed appreciation to the United Nations specialised agency for the assistance and intervention the state had received in agriculture.

In a statement by Uju Nnaji of the deputy governor’s office, he noted that his administration sees and exploits agriculture as a low-hanging fruit and one of the accessible routes for residents to escape poverty.

He explained that the IFAD programme was immensely beneficial to the people because of its objectives, which target rural and smallholder farmers, who are the primary producers of the daily food consumed in the country.

“Just as I have noted earlier, on the desk where we are, we may forget the link and the role the smallholder and rural farmers play in the economy. But you will always miss the link if you do all the high-level policy formulations and the rural farmers are not accommodated.

It is the aggregation of rural farmer holdings that come up to your GDP, and when you measure them back in the lives of our people, you will see that it is huge,” the governor said. He stressed that through the proper support and intervention, rural farmers and smallholder farmers are now able to meet their financial needs, such as paying school fees for their children, access to maternal healthcare, and savings.

“We look forward to a more robust relationship with you because experiences have also shown that we must work towards improving what you have done. And I know that your resources are not elastic, that at some point you will stop the programme, and we must sustain it to ensure seamless continuity and even improve on what you’re leaving behind.

“As such, we want to develop a homegrown relationship with you that enables the investment you have made to become self-sustaining so that whenever you’re in Africa or Nigeria, you can stop by or look back at your legacy,” he added.

While lamenting the perennial post-harvest losses farmers have been facing in the state, Mr Mbah appealed to IFAD for more support to enable the creation of aggregation centres around farm clusters for production preservation that would minimise post-harvest challenges.

“Again, we are looking at whatever support we can get to encourage commercial farmers because we know we have commercial farmers who do the big ticket transaction. It is much easier for them to sustain the smallholder farmers than whatever programme the government can do.

“When they support the smallholder farmers and provide them with inputs, they teach them skills and can even advance credit to them because they will be encouraged, knowing there is a ready market. So, we are looking for help from you to build some medium to high-level processing centres,” he further added. *Continues online at www. thewillnews.com

L-R: Broadcast Media Advisor, NEPL,

Obadolaye of Benin,

Victor Osa Uzamere; Base Manager, Western Asset, Seplat Energy, Emmanuel Otokhine; Manager, Corporate Social Investment, Seplat Energy, Esther Icha; Community Liaison Officer, NEPL, Faith Otitinor and The Ogua of Benin, Chief Uyi Okungbowa, at the NEPL/Seplat Energy JV "Eye Can

L-R: Acting Director, Legal Services NCDMB, Mr. Naboth Onyesoh, Esq; Director, Monitoring and & Evaluation, Mr. Abdulmalik Halilu; Director, Projects Certification and Authorization, Engr. Abayomi Bamidele; Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe;  Group Managing Director, UTM Offshore Limited, Mr. Julius Rone; Technical Manager of the FLNG, Engr. George Amara; Management staff of UTM Offshore and Acting Director, Finance and Personnel Management, NCDMB, Mr. Ifeanyi Ukoha after a meeting between the Management of

‘Lagos May Increase Tax on Sugar-Sweetened Beverages to Reduce Disease Burden’

The Lagos state Government is considering a pro-health levy on Sugar-Sweetened Beverages (SSB) to boost public health and lower the rising non-communicable diseases (NCDs) burden.

Commissioner for Health, Akin Abayomi, made the disclosure during a meeting with transparency watchdog, Corporate Accountability and Public Participation Africa (CAPPA), United States-based Global Health Advocacy Incubator and the Centre for the Study of Economies of Africa (CSEA).

A statement by the Media and Communication Officer, CAPPA, Robert Egbe, quoted Mr Abayomi to have said that the SSB levy would contribute to driving the state’s human capital agenda – healthier children and good nutrition – and positively impact its health and education sectors.

Mr Abayomi’s comments followed the delegation’s presentation of a simulation study of the ‘Potential Fiscal and Public Health Effects of SSB tax in Nigeria.’

Nigeria is said to be the fourth highest soft drinks consuming country in the world, and the study proposes, among others, that to wean Nigerians off their addiction to SSBs and bring down the NCDs burden, the federal government ought to increase the SSB Tax to N130 per litre, from the current N10.

The policy could also earn the government an estimated N729 billion in tax revenue, which CAPPA and other stakeholders propose could be allocated to strengthening the health sector. CAPPA’s Executive Director, Akinbode Oluwafemi, explained the health and fiscal benefits of the policy for Lagos residents.

“We think that this is one of the tools that we can use to lower NCDs that are becoming a big burden in Nigeria, including obesity, high blood pressure, and the like.

“The government imposed a N10 per litre tax on SSBs in 2021, which is actually five kobo for 50cl of SSBs. At that time, it (SSBs) was selling for N100. It is a fixed tax. Today, it is selling for N300. The government tax is still N10. And if you look at the inflation rate, that, in itself, needs to have been improved,” he said.

Mr Oluwafemi noted that CSEA was commissioned to look at the potential health and fiscal impacts of SSB tax.

“We did a simulation, and even before the floating of the naira when this study was completed, the simulation projected that N130 should be the appropriate tax per litre of SSBs in Nigeria,” he said

He expressed delight at engaging policymakers like the health commissioner, adding, “We see Lagos as one of the champions of public health policies, and how we can take this further.

“We are looking for support because we will soon be looking at a national legislation that will make Sin Tax a much more sustainable law rather than every year, and at that point we will be looking at champions to speak for this,” he added.

In his response, the health commissioner acknowledged the problems caused by NCDs and advised that localised legislation through the House of Assembly would align with the state’s immediate health goals.

Nigeria Becomes Africa’s Largest Importer of Refined Petrol From Europe – S&P

Analysts at S&P Global Commodity Insights have revealed that Nigeria has become the largest importer of refined petrol in Africa as petrol shipments from Europe to Africa increase.

Crude oil shipments from the Middle East to Europe have increased significantly following the E.U.’s ban on Russian oil since April 2023.

As a result, surplus refined petrol ships from Europe are heading to Africa with Nigeria the major destination.

However, the report cautioned that Nigeria’s petrol import from Europe is not expected to last long with full production from the 650,000-barrel Dangote refinery.

They noted that European petrol exporters will have to find alternative destinations when that happens or reduce supply to Africa in general.

The report stated stated,

“Right now, the Europe gasoline surplus is heading to Africa, with Nigeria the largest importer, but that is not expected to last as increased production from Nigeria’s new 650,000 b/d Dangote refinery will mean reduced import demand in Nigeria and more supplies in Europe. European gasoline exporters will have to find alternative destinations or reduce runs or a combination of both.”

Nigeria has made concerted efforts in the past few years to reduce refined petroleum imports some of which have begun to bear fruit. In 2021, the NNPCL decided to purchase a 20 percent stake in the Dangote refinery for $1.036 billion.

“Also, the NNPCL entered contracts to repair the state-owned refineries in Delta, Rivers and Kaduna. In December, phase 1 of the Port-Harcourt refinery was completed which will refine around 60,000 barrels of crude oil daily while the Delta and Kaduna refineries are at various stages of completion.

“The 650,000-barrel capacity Dangote refinery began receiving crude oil for refining in December and started refining around February despite delays since its commissioning in May 2023.

“Since the removal of the petrol subsidy in June, the federal government have sought to reduce the importation of crude oil as a measure to stabilize local prices and reduce FX demand on import”, the analysts said.

Nigeria: Finally, Hot Money is Here

BY MARCEL OKEKE

It is no longer news that the continued collapse of the Naira in the foreign exchange (FX) market is already eliciting desperate and panicky measures from the monetary authorities.

Unfortunately, the more such new initiatives are unleashed, the more unintended consequences are attained; thus, worsening the state of the economy.

In the effort to tame the consistently soaring inflation rate, for instance, the Central Bank of Nigeria (CBN) during its Monetary Policy Committee (MPC) meeting (February 26-27, 2024), hiked the Monetary Policy Rate (MPR) by an unprecedented 400 basis points—from 18.75 per cent to 22.75 per cent. Inflation rate stood at 29.90 per cent at end-January 2024.

By the huge quantum increase of the MPR, the apex bank is indicating a very tight monetary environment, which signals to the deposit money banks (DMBs) to similarly hike their (lending) interest rates.

In furtherance of its liquidity ‘mop-up’ to tame the high inflation rate, the CBN promptly deployed its Open Market Operation (OMO) instrument to enable it ‘suck away’ much liquidity in the system.

Apparently, the apex bank believes that one of the reasons for the galloping inflationary trend in Nigeria is so much money (liquidity) being in circulation. And to deal with this in the money market, the CBN made an offer of N500 billion treasury bills (T-B) via OMO auction.

Unsurprisingly, the offer was overwhelmingly oversubscribed, as the apex bank sold N1.053 trillion worth of T-B, with 79 per cent of the total bid (or equivalent of $530 million) coming from foreign investors. Nigerian or local investors accounted for only 21 per cent, according to a statement issued by the CBN.

to significant exchange rate volatility. As investors move their funds between countries, demand for different currencies can fluctuate, causing exchange rates to rise or fall.

This (OMO) auction was the first since the MPC meeting, which was also followed by a virtual meeting by the CBN Governor, Olayemi Cardoso, with foreign portfolio investors. The CBN said in a statement that the OMO auction was part of its liquidity management effort.

A significant development in this OMO auction is the very high level of foreign portfolio investor (FPI) participation: accounting for almost eighty per cent of the offer, and amounting to about US$530 million. In celebrating this outcome, the CBN said in a statement by its Director of Corporate Communications, Mrs. Hakama Sidi Ali that “this development underscored the level of confidence the apex bank now enjoyed from investors”, adding that the management of the CBN was optimistic that its monetary policy measures were beginning to yield positive results. However, the import of this dominance of FPI (79 per cent) in the TB offer is ‘massive inflow’ of what is generally regarded as hot money. Thus, the US$530 million paid by foreign portfolio investors via the OMO auction is all hot money.

According to Investopedia, Hot Money signifies currency that quickly and regularly moves between financial markets; that ensures investors lock in the highest available short-term interest rates. Hot money continuously shifts from countries with low-interest rates to those with higher rates—as Nigeria is now!

The rapid movement of hot money across borders can lead

This volatility can create challenges for businesses engaged in international trade, as well as for central banks seeking to maintain stable exchange rates. And this is where the CBN is wittingly entering into a new miasma stacked with risks.

Apparently, yet in its desperation to attract dollar inflow, the CBN ensured that it offered its Treasury Bills (T-B) under attractive terms and conditions—including very high interest rate of about 20 per cent. But while these FPIs could be attracted (the hot money), local investor confidence remains low—reflecting the 20 per cent share of the T-B offer.

significant decline in the country’s capital importation in the whole of 2023. Amid grueling FX woes, the NBS said Nigeria only attracted a meagre US$3.91 billion in foreign capital inflow last year—the lowest since 2007 when the figure stood at a mere US$5.3 billion. Of the total 2023 inflow, FPI accounted for US$1.15 billion (or 30 per cent of the $3.91 billion) while FDI was only US$377.4 million; and ‘other investments’ were US$2.38 billion.

The 2023 capital importation, according to NBS data, was a major drop from the 2022 figure of US$5.33 billion—which was also a decrease of over 20 per cent from the US$6.70 billion of 2021. By this trend of persistently declining capital importation (especially FDI), moves by the CBN to latch onto hot money could be ruinous.

Rather than take this ‘silo’ strategy in pursuit of the solution to the lingering acute FX scarcity in Nigeria, the apex bank should factor other elements into its moves.

Without a doubt, a lot of developments on the fiscal side of Nigeria’s public finance end up acting as counterpoise to most monetary policy initiatives. In this regard, has the CBN considered the role of improved FAAC-allocations to the states and local governments in recent months?

There is a very high probability that most heads of the subnational units after receiving the (huge) monthly allocations, somehow make their way into the FX market to change their trillion naira inflows into a more durable currency (the dollar).

Whether this is true or not, the reality is that the national currency (Naira) has since lost the critical function of money: the store of value. Today, there are hardly is there any economic agents (individuals, households and businesses) who want to keep their assets (liquid or otherwise) in Naira. This accounts for the rabid ‘dollarization’ of the Nigerian economy—where most goods and services are sold and paid for in dollars. This ‘illegality’ must be addressed expeditiously by the government of the day. The Naira remains Nigeria’s only legal tender, according to the extant law: CBN Act 2007. As an integral part of the Federal Government, the CBN must collaborate with other agencies of the Government to ensure inflows from crude oil and non-oil exports are transparently and comprehensively captured/recorded.

Today, crude oil still remains the mainstay of the Nigerian economy and as such, proceeds from its sales cannot continue to be shrouded in secrecy or opacity. The apex bank as banker to the Federal Government, as of right, should at all times have the minutest details of funds accruing from oil and all other sources.

For too long, the controversy over crude oil sales and proceeds therefrom, have occupied public discourse and created mutual suspicion between Government and the citizenry. What ordinarily should be treated as the nation’s commonwealth is usually left to be frittered away into private pockets.

Unfortunately, as the hot money is being wooed and attracted, the real money that drives production and productivity—Foreign Direct Investment (FDI) –is practically ‘fleeing’ Nigeria

Meanwhile the CBN has also through its latest MPR of 22.75 per cent, indicated to the DMBs to hike their own rates—likely beyond 30 per cent in the coming days. This (lending rate) will certainly put loanable funds beyond the reach of most businesses.

Unfortunately, as the hot money is being wooed and attracted, the real money that drives production and productivity— Foreign Direct Investment (FDI) –is practically ‘fleeing’ Nigeria.

Data from the National Bureau of Statistics (NBS) showed a

The bizarre phenomenon of crude oil theft seems now to be providing ‘a cover’ for a few ‘top brass’ in our society to almost fully corner Nigeria’s ‘black gold’ for themselves.

It is now estimated that about eighty per cent of Nigeria’s crude oil production is being lost to theft, according to Olusegun Obasanjo, Nigeria’s former President.

In this circumstance, resorting to attracting hot money into Nigeria apparently to deal with the biting FX challenge, is laden with a lot of dangers and risks. It could provide a very ephemeral breather, but could vaporise when needed most. Nigeria needs to put other fundamentals right to attract sustainable FPIs, FDIs and others. What the CBN has packaged to attract the patronage of foreign portfolio investors (79 per cent) is a very short-term gain, at best.

•Okeke is a practising Economist, Business Strategist, Sustainability expert and ex-Chief Economist of Zenith Bank Plc

COLOUR

BLACK AND WHITE SPECIAL SPOTS SERIES DISCOUNT

SHOTS OF THE WEEK

Photo Editor: Peace Udugba [08033050729]

L-R: Chair, Marketing Sub Committee of Nigeria Public Relations Week (NPRW), Dr. Ken Egbas; Company Secretary/General Counsel, Channels TV, Mrs. Adeola Olumeyan; Chairman, Channels TV, Dr. John Momoh; Chair of the Nigeria Public Relations Week (NPRW), Mr. Yomi Badejo-Okusanya; AGM Human Resources, Channels TV, Mr. Folusho Oluwafemi and General Manager Channels Academy, Partnerships and Corporate Communications, Mr. Kingsley Uranta, during a courtesy visit led by Mr. Yomi Badejo-Okusanya, to Channels TV on March 8, 2024.

L-R: President Bola Tinubu and Former President,  General Ibrahim Babangida, during a courtesy visit by Tinubu to Gen. Babangida in Minna Niger State on March 12, 2024.

L-R: Accountant General of the Federation, Mrs Oluwatoyin Madien; Governor of the Central Bank, Olayemi Cardoso; Leader of the Senate, Opeyemi Bamidele; President of the Senate, Godswill Akpabio; Deputy Senate President, Jibrin Barau; Finance Minister and Coordinating Minister of the Economy, Yomi Edun; Minister of Budget and National Planning, Senator Abubakar Bagudu and Senate Committee Chairman on Appropriation, Olamilekan Adeola, after the inauguration of a 17 man Adhoc Committee of the Senate, to investigate the N30Trillion Ways and Means / Anchor Borrowers funds on March 11, 2024.

Cross River State Governor, Prince Bassey Otu (4th left), Chairman of House of Representatives Committee on Judiciary, Hon. Oluwole Oke (3rd right) with other members, during a courtesy call on the Governor in Calabar on March 13, 2024.

L-R: Chief Executive Officer, Ethiopian Stock Exchange, Tilahun Kassahun; Governor, Ethiopian Central Bank, Mamo Mihretu; Group Chief Executive Officer, Nigerian Exchange Group, Temi Popoola and Chairman, Ethiopian Stock Exchange, Hilawe Tadesse, during a strategic meeting with the Executive Management of Ethiopian Stock Exchange in Bole, Addis Ababa, recently.

L-R: Head, Performance Marketing, Inc, Tomisin Araoye; Managing Director, First City Monument Bank (FCMB), Yemisi Edun and Public Relations Manager, MoniePoint Inc, Bemigho Awala, after the presentation of Fintech of the Year award to Moniepoint Inc. at the 16th LEADERSHIP Conference and Awards in Transcorp Hilton Hotel in Abuja on March 5, 2024.

ENTERTAINMENT &SOCIETY WEEKLY

Winning MBGN Beauty Pageant Was The Fulfilment of a Lifelong Dream – Anita Uwagbale

Entrepreneur and former Most Beautiful Girl in Nigeria, Anita Uwagbale, speaks with IVORY UKONU about what she has been up to since winning the beauty pageant in 2004 and how it has impacted her life. Excerpts:

Ithas been 20 years since you won the Most Beautiful Girl in Nigeria beauty pageant. What was it like winning the pageant at that time and how has it shaped your perception of life?

I emerged as winner of the 17th edition of the MBGN beauty pageant, succeeding Cecilia Bissong of Cross River State. This was in 2004. I was 19 years-old at the time and a second-year Accountancy student at Madonna University, Anambra State. My journey extended beyond the MBGN. I also won the African Continental Queen of Beauty and was named among the top 15 semi-finalists at the Miss World 2004 contest.

This feat wasn’t just a victory but the fulfilment of a lifelong dream nurtured as the only girl among five brothers. Winning the pageant has helped me to maintain my distinctiveness and open-mindedness. My involvement in international pageants broadened my horizons. However, I believe the MBGN competition differs significantly from international competitions. The scale and glamour increases considerably on the international stage, particularly at Miss Universe.

In my time, I participated in Miss Universe, Miss World and Miss Tourism International beauty pageants. Nowadays, each of these competitions has its own set of contestants. I took part in all three. Miss Universe was my initial venture onto the international stage. It was a mix of excitement and nervousness to compete against delegates from 70-plus nations. Miss World, on the other hand, was on a larger scale.

Representing my country at Miss World felt more comfortable, and I had a delightful experience. Making it to the top 15 globally and earning the title African Queen at Miss World remains a cherished moment. Miss Tourism was a smaller pageant where I earned the first runner-up title. The pageant was held in Ukraine and it was an unforgettable experience that still feels fresh in my memory.

Back in the day, most Nigerian parents frowned at modelling, talk more of beauty pageants. How did your parents react to your decision to become a model and a register for a beauty pageant?

Growing up as an only daughter with five brothers, I have always been that girl that people saw as a natural model. When Agbani Darego won the Miss World pageant and became the first African to do so, people literally began to call me Agbani when I walked past. They encouraged me to enter beauty pageants. So that sort of prepared my family for what was to come as they got used to it. I always knew that was what I wanted to do. Funny now that I recall telling my juniors in secondary school not to leave water under my bunk because I was going to be a Miss Nigeria. I didn't even know what it entailed, but that was where the seed got sown. But I think those days of parents frowning at modelling or beauty pageants are gone. Now parents are more open to such things, as long as you are not a minor participating in them.

After 20 years, what has changed about you?

I still feel like the same person crowned decades ago. But my life journey goes beyond pageantry. I got married and got divorced. I was married to Tom Iseghohi, a former group managing director of Transcorp Plc for over 12 years. I had kids and started some businesses which I still run. One of them is a baby Store in Victoria Island, Lagos. I set it up to address the scarcity of quality baby products in Nigeria when I had my first son. I didn't plan to have him in Nigeria, but I did. So I was trying to find children and baby items without having to go to the local market and I found it was so hard to locate any. There were only a few stores that stocked baby items. So that inspired me to start the baby store. I wanted to offer a range of clothing, toys, and premium baby items that are easily accessible and affordable.

Twenty years of MBGN? Life just happens, but it feels like the other years. It’s amazing how much time flies. Twenty years sounds like it has been ages, but it’s just 20 years ago.

It is common belief that beauty queens lose their relevance after their tenure ends. What is your submission on this?

If you think about it, pageants are organised annually. So, every year, a new

queen will be crowned and the attention goes to the reigning queen. It is a normal trajectory of life. Even in government. The present government has all the attention, but when it leaves and there is a new administration, the attention shifts and focuses on the new government. It is normal, but I think it boils down to how one is able to stay relevant during his tenure and after handing over, what the person is able to build on that relevance using the experience garnered from travelling around the world and all of the things you have been able to absorb. I think that is what keeps one going. For me that is relevant.

I may not have been relevant in a public sense after relinquishing my crown, but the experiences I had in one year (you grow ten times more than normal girls in your age grade) I put them back into my life. For me relevance is not all about being everywhere and anywhere, it is what you have been able to do with the knowledge that you gathered from that one year of exposure, afterwards that matters. That is what I define as remaining relevant.

How has it been running the baby store?

Running a baby store opened my eyes to a lot of things, when it comes to babies’ things. I was shocked that most parents spend more on their outfits than on their children. For me, that was quite surprising. I also learnt that it is best to stay in the middle, as people have different ideas with kids and how long they want to keep those items. It was an eye opener for me. But I am relaunching the store to focus more on educational and interactive toys for children aged zero to ten.

I have also embraced e-commerce platforms to reach a wider audience and cater to the evolving needs of Nigerian parents. The reason I am embracing e-commerce for the baby store is because I get affected by other people's decisions. Let’s say, for instance, I pay my share of service charge in the mall where I was located, but another business enterprise will not pay and the entire mall would be shut down until just one-person cooperates and does the needful. It was quite discouraging. But I took a step back for a while to revamp and re-strategise the business. You also run a printing company, a luxury hamper company, nutritionist and weight loss coach via your wellness outfit, FitandFabNg. How do you juggle these businesses and still find time to nurture children?

I am intentional about nurturing my children and I always make time out

Uwagbale

of no time to be there for them always. You know women are born multi taskers, so that helps.

What are some of the challenges you have encountered while running your businesses?

Any business owner in Nigeria must prepare their mind to fail if it doesn’t work. Currency fluctuations, climates, and infrastructure issues are some of the challenges faced in Nigerian business ventures. Everybody is affected. Doing business in Nigeria is challenging. Challenges are everywhere. Regarding my printing press, when the prices are too high, people are supposed to request reflective jackets. For my nutrition venture, it was a different experience. It’s easy for people to say they want to look a certain way, but when it’s time to put in the work, they don’t want to. It is quite disappointing because we know how we want to be.

How would you define your personal style?

I am more of a classic person. I like styles that remain through all fashion phases. I like outfits that I can wear in 10, 15 years' time and it will still be in style. I don't follow trends. I like well-tailored pieces, clean cuts, and quality fabrics. I love to look feminine.

Uwagbale

TONY ELUMELU EXPANDS FRONTIERS

There is no relenting with economist Tony Elumelu, the chairman of United Bank for Africa, UBA, HEIRS Holdings, Tony Elumelu Foundation etc. The businessman and investor who has been spreading his tentacles into various sectors of the economy, from oil and gas to insurance to hospitality, power, has now found a place in the Information and Communication Technology sector. Obviously his plan is to dominate in every sector of the economy.

The astute entrepreneur has floated Heirs Technologies through which he hopes to propel Africa’s digital transformation by providing innovative solutions tailored to the continent’s specific needs. Before now, Leo Stan Ekeh, a digital entrepreneur was seen as one of the pioneers of that sector, disrupting the status quo through his Zinox Technologies and even recently partnering with Elon Musk's Starlink. But with Elumelu's entrant, the game is about to change. Through Heirs Technologies, he plans to advance Africa’s digital evolution, offering a range of value-added services rooted in expert knowledge and local accessibility. The company’s comprehensive offerings include IT consulting services such as advisory, business transformation, system integration, licensing and partnerships. Additionally, it will expand into managed services, encompassing IT operations and business process outsourcing, aligning with its goal to address Africa’s evolving technological landscape.

Continued from page 39

On Hannatu Musawa's Brazen Vulgarity

boggling.

First, it was the Minister for Women Affairs, Uju Kennedy-Ohanenye. Popular for always being enmeshed in one controversial issue or the other, the last controversial issue she was associated with was a letter inviting her fellow ministers to the birthday celebration of her 'darling' husband, Double Chief Kennedy Ohanenye. Besides the fact that the letter of invitation to a supposed private party was printed using the ministry's letter headed paper, the details of the letter showed an apparent lack of coordination and untidiness.

Like several other Nigerians in positions of authority, she was unable to discern where private and personal matters should end and where public matters begin. And more worrisome is the fact that the party was organised at a time when her principal has been running helter-skelter from one country to another to curry the favour of foreign investors in order to revive our almost failing economy. Not too long after that, the Minister of State for Labour and Employment, Nkeiru Onyejeocha posted a photograph of herself in a handshake with her boss, President Bola Tinubu in a luxurious ensemble. She made sure to display her Louis Vuitton scarf and Gucci belt as loudly as possible, like an upstart who has just come into money. While that furore was yet to die down, the Minister of

MO ABUDU BAGS 2024 FORBES WOMAN AFRICA AWARDS

EArts, Culture and Creative Economy, Hannatu Musawa also jumped into the fray. While on a diplomatic trip with her boss to Qatar, she brazenly flaunted a Hermes bag valued at 116,261.89 Euros which is about N197,008,446.628 in blatant disregard for the office she occupies. A virtuous woman is never moved by fashion labels and flamboyance. But Hannatu does not know that. If she does, she doesn’t care. And a public office holder who doesn't care is a self-centered, acquisitive woman. While it is her choice to decide how and what she spends her money on, it is certainly not ok for her to rub it in the faces of Nigerians. Her choice of accessory as a public servant who receives her salary from taxpayers' money, in an era where inflation has hit the roof and millions are grappling with eating three decent square meals daily, was to say the least, insensitive.

The same politicians who preach for the masses who work hard with nothing to show for it, to wear madein-Nigeria products, to stay hungry as they take them to the 'promised land,' are the same ones displaying with obscenity, foreign brands bought with dollar and further boosting the American currency, while the Naira continues to have an uncontrolled free fall. It is okay to not blame her for the economic depression the country is passing through, but it is certainly not ok for her to lack emotional intelligence.

ver since Mo Abudu dumped her career in Human Resources at Mobil Nigeria and ventured into filmmaking, she has turned herself into a reputable film maker and a force to reckon with on the big screen while earning numerous accolades in the make belief world. This year's International Women's Day was another day she was singled out in celebration of her achievements.

The Chief Executive Officer of EbonyLife, a premium media lifestyle and entertainment conglomerate, was honored with the 2024 FORBES WOMAN AFRICA Businesswoman Award at an event held at the Emperors Palace in Johannesburg on Friday, March 8.

The 2024 FORBES WOMAN AFRICA Awards is a platform where remarkable women are celebrated for their achievements across different sectors and industries on the African continent. This year's awards gala was part of the ninth annual FORBES WOMAN AFRICA Leading Women Summit.

That Mo Abudu as she is fondly called has clearly stamped her feet on the sands of time cannot be over emphasized. Her magic wand produced top Nollywood blockbusters via her EbonyLife Films. Movies such as ‘The Wedding Party,' ‘Fifty,’ ‘The Royal Hotel Hibiscus,’ 'Chief Daddy'. Abudu was also responsible for some TV productions that includes ‘The Governor,’ ‘Desperate Housewives Africa,’ ‘Sons of the Caliphate,’ and ‘Fifty the Series.’

In 2018, she signed a deal with Sony Pictures Television (SPT) for a three-year deal to produce 'The Dahomey Warriors,' a series about the Amazons who took on French colonialists in a 19th-century west African kingdom. In 2020, she also signed a partnership deal with AMC Networks to produce 'Nigeria 2099,' an afro futuristic crime-drama. In the same year, she also signed a new partnership between EbonyLife TV and Netflix. The streaming giant acquired some of EbonyLife's drama series the success of which led Netflix to sign another deal with her to create two original series as well as multiple Netflix-branded films. Making a significant impact in the industry is evident in her mention in 'The Hollywood Reporter's' annual list of the ‘25 Most Powerful Women in Global Television' and also getting herself a seat as one of the academy directors for the prestigious Emmys and an honorary doctorate degree holder from Babcock University, in recognition of her contributions to the broadcasting industry in Nigeria.

Continued from page 39

Oke, a former commissioner, who represented Ondo State on the Governing Board of Niger Delta Development Commission, NDDC, has also contested for the number one position in the state thrice and he is upbeat about beating the incumbent, Lucky Aiyedatiwa, at the primary and emerging victorious at the polls. He is emphatic that, like President Bola Tinubu, it is his turn to become governor. He hinges his anticipated victory at the polls to his political trajectory, which he says his experience in various positions of governance makes him the man for the job - a former lawmaker, a party administrator and having occupied an executive position - all of which spans 35 years in politics.

Not a few have had to align with Oke, with a former aspirant, Ayodeji Oritedi, shelving his ambition to step down for Oke, a leading contender for the party’s ticket. Despite his sterling qualities, some disgruntled voices have sworn not to see Oke's dream come true. Their grouse is that he

is married to a woman from Southeastern Nigeria, Mrs Nkem Oke. According to them, having had a hellish eight years under Betty Anyanwu-Akeredolu, their former first lady and widow to the late governor, Rotimi Akeredolu, they do not want another Igbo woman who will end up becoming a tyrant as a first lady. Their slogan is 'The great people of Ondo State say no to Mr Olusola Oke and his wife Mrs Nkem Oke. They are of the opinion that they have had enough and if Oke is hell bent on running with his ambition, he should simply relocate to his wife’s state to realize his ambition.

Yes there was friction and power tussle, particularly in the twilight of late Akeredolu's administration but how does that translate to categorizing all potential first ladies who are Igbos married to Yoruba men, particularly Ondo men as them being tyrants in the waiting? If this is not bigotry, tribalism at its lowest ebb and disgusting stereotype, then I do not know what to call it.

Sifax Group, a leading conglomerate led by Nigerian logistics tycoon, Taiwo Afolabi, has initiated talks with the Federal Government and the Lagos State Governments alongside its aviation partner, Singaporebased Changi Airports International, in a collaborative effort aimed at advancing the country’s aviation industry.

The collaboration signifies a concerted effort to leverage expertise and resources towards enhancing airport operations

and services within Nigeria with the aim of exploring opportunities across multiple segments of the aviation sector. Among the key areas of focus for the consortium are aviation ground handling, terminal management, airline operations, and the development of ancillary services. Afolabi hopes to replicate the global success achieved by Singapore’s renowned airport management practices and facilitate the implementation of efficient airport management strategies in Nigeria.

Founded in 1988, Sifax Group has emerged as a diversified conglomerate with interests spanning aviation, oil and gas, maritime, logistics, and hospitality sectors. Afolabi’s extensive experience and astute business acumen have played a pivotal role in steering Sifax Group’s growth trajectory, positioning it as a significant contributor to Nigeria’s aviation sector and economy.

Abudu

Elumelu

Hannatu Musawa (3rd left) in Tinubu's entourage on a tour of various Qatari monuments and the National Museum of Qatar

Afolabi

ENTERTAINMENT &SOCIETY

WEEKLY

STORIES BY IVORY UKONU

TESSY OLISEH-AMAIZE UNVEILS 'FASHION PROFESSOR'

Tessy Oliseh-Amaize, the founder of the fashion label Tesslo and younger sister to Sunday Oliseh, a former football player with the Super Eagles who went on to become the head coach of the football team, has unveiled ‘Fashion Professor’, an innovative short video series on Instagram.

The series will offer invaluable insight into the global fashion industry, with an emphasis on the unique landscape of Nigerian fashion. ‘Fashion Professor’ integrates a unique blend of style, insight and candid discussion, covering topics often overlooked in fashion. It is set to democratise fashion knowledge, offering weekly bite-sized nuggets of wisdom and experience garnered from nearly two decades in the industry.

The series covers the intricacies of design and production to the realities of running a fashion business in an unpredictable market. Each episode will be presented in Pidgin English, with English language translations available to cater to a global audience. This series aims to mentor and equip designers, tailors, and fashion enthusiasts with the knowledge and industry insights they need to navigate the complexities and challenges of starting and running a bespoke fashion house in Nigeria and beyond.

Born into a family known for their football legacy, OlisehAmaize graduated with a Bachelor of Arts in fashion design from Middlesex University, London. She returned to Nigeria to establish Tesslo, her fashion brand, and quickly ascended to prominence in the fashion scene. In 2006, Tesslo was celebrated as Nigeria’s top fashion designer, after she won the Best Fashion Designer Award at the Nigeria Fashion Show (NFS) 2006/2007, triumphing over 126 competitors.

Tesslo’s designs have graced runways and fashion events in Lagos, Paris and Washington, D.C., including Nigeria Fashion Week and the “Heart of Africa” project, among others.

Meet The 24-Year-Old Young Man Who Swept Nwanneka Nkumah Off Her Feet

Back in 2023, THEWILL had exclusively broken the news of popular hair entrepreneur, Nwanneka Nkumah giving love a second chance by remarrying almost two years after she dumped her first husband due to allegations of domestic abuse and nonchalance. This newspaper had also written that the new couple welcomed a baby girl shortly after their union.

The baby is the fourth for Nwanneka, having welcomed three from her first marriage and the first for her new partner. Her new husband, a young Ghanaian man lavishes her with so much attention, care and some of the best things that money can buy. Little wonder she decided to expand her business frontiers to Ghana.

Well, it turns out that the young man is 24 year old Mustapha Diyaol Haqq, a coder who gained global recognition for his work in agricultural innovation. He was named as part of the 50 Next Class of 2022, which recognises young people who are shaping the future of gastronomy, agriculture, and food. The recognition is a testament to Mustapha’s innovative approach to agriculture, which leverages Artificial Intelligence to improve yields and increase profitability for farmers.

In addition to this, Mustapha is a World Food Forum champion, mobilizing young influential figures to increase the visibility and

reach of WFF activities and issues related to agrifood systems. In 2023, he beat other innovators from across the world to win an enviable prize that comes with $600,000 for developing an agricultural app. Mustapha’s ambition for the future is to democratize access to technology for rural farmers, enabling them to increase their yields and earn higher incomes. His work got him the prestigious Zayed Sustainability Prize, placing him at the forefront of sustainability advocates globally. Through his company, Okuafo Foundation, Mustapha is making a significant impact on agriculture in Africa.

A university drop out, Mustapha got a scholarship to attend Blue Crest University College, Ghana from where he developed the Okuafo AI App, a farmer-focused app that allows farmers to scan suspected crops to detect diseases for an immediate solution. The AI-powered precision agriculture technology provided by Okuafo Foundation provides real-time data and analysis to farmers, enabling them to make informed decisions about their crops. The technology also reduces waste and improves yields, leading to increased profits for farmers.

By leveraging Artificial Intelligence, Okuafo Foundation democratizes access to precision agriculture technologies, which were previously only available to large-scale farmers. In addition, he created an artificial intelligence system able to detect breast cancer in women. The AI model makes use of breast cancer test results from breasts fine needle aspiration test to classify breast cancer tumour (I) for malignant or cancerous tumour and (O) for benign or non-cancerous tumour.

KEN CALEB-OLUMESE BAGS LIFETIME ACHIEVEMENT AWARD

Veteran of nightclub business, Ken Calebs-Olumese has been rewarded for his exceptional achievements, contributions and leadership in shaping the entertainment landscape in Nigeria and Africa, as well as championing what has evolved into modern nightlife. The organisers of the prestigious Silverbird Man of the Year Awards decorated the Guvnor, as he is fondly called, with the distinguished Lifetime Achievement Award. The prestigious award was bestowed on him at an exclusive event held at the Eko Hotel and Suites in Victoria Island, Lagos.

Olumese has logged in over 40 years as a super nightlife entrepreneur. Indeed, the soon to be 80 year old transformed the Nigerian entertainment industry through his landmark showbiz endeavours and programmes, supporting talents, businesses and economies.

Calebs-Olumese’s Niteshift, later renamed Niteshift Coliseum and eventually Coliseum, became a fabled success in an era of big, brassy nightclubs. The club was a favourite of classy folks, top businessmen, corporate titans, top professionals and tourists. In its heyday, the upscale nightclub was the toast of fun-seekers. It was a place where billionaires and top political elites converged to seal deals and make important political and business decisions. It had a heart-warming ambience with special performances from the club’s crew and was always something fun seekers looked forward to. This was until the Edo State born entrepreneur put the building housing his once famous night club up for sale after the once bubbling place became a shadow of itself following a fire incident that gutted it on two occasions.

Although he was able to bounce back after the ugly incidents and renovated the place, turning it into an event centre, he was however unable to make the events centre a much sought-after place like the club and subsequently put it up for sale. The advent of COVID-19 made the club more difficult to maintain. About two years ago, it was alleged that Floating World, managers of a strip club in Ikeja were set to take over the place and give it a face lift. Many buyers signified interest and approached ‘The Guvnor’ with juicy offers but Floating World eventually won the bid to take over the place as new owners.

Dance Party, has unveiled her entertainment management company, Kaffy Kreative Academy. The dancer, choreographer, dance instructor and fitness coach who is also the founder and owner of Imagneto Dance Company at the unveiling of the company introduced her newest

challenging the stereotypes of musicians being linked to hard drugs or promiscuity. This declaration aligns with Kaffy’s vision of promoting positive role models within the industry and fostering a culture of professionalism and responsibility.

Caleb-Olumese

Oliseh-Amaize

Nkumah

Haqq

ENTERTAINMENT &SOCIETY WEEKLY

Eedris Abdulkareem vs 50 Cent: When Will Eedris Stop This 20-Year-Old Lie? (1)

BY JUSTIN AKPOVI-ESADE

In the last 20 years, Afro-pop artiste, Eedris Abdulkareem, has persistently propagated a false narrative surrounding an unfortunate incident involving himself and the security personnel of American hip-hop and rap star, Curtis James Jackson, popularly known as 50 Cent, inside a commercial airplane at the local wing of the Murtala Mohammed Airport in Lagos.

This regrettable incident marked the turning point in Eedris’ once-blossoming career and in a desperate attempt to revive it, he has consistently lied and distorted facts about the event.

For someone who has elevated lying into an art form, this might well be Eedris’ Grammy!

Contrary to Eedris’ claims of fighting for the Nigerian music and entertainment sector, particularly for the likes of Damini Ogulu, aka Burna Boy; Ayodeji Balogun, aka WizKid; David Adeleke, aka Davido and others who are currently enjoying the “food wey I cook” (as he often phrases it), the reality of Eedris’ clash with 50 Cent’s security was a selfish, egotistic brawl that not only left him physically bruised but also damaged his professional standing.

When I was with 'The Guardian' newspaper, I was deeply involved in the country’s entertainment circle, having personal connections with the stars of that era and I witnessed the incident firsthand.

Eedris, in his prime, believed he deserved a five-star treatment during a show that brought 50 Cent to Nigeria. It was an annual mega music show by a multinational company, which I will try as much as possible not to mention because the incident has caused them enough embarrassment in the last 20 years already. However, Eedris’ unreasonable demands and disruptive behaviour jeopardised the meticulously planned event.

Eedris was hot then and he believed he was the biggest musical act in Africa. In fact, he said that repeatedly during the fracas with 50 Cent’s security. With this mindset, Eedris felt he was not given the five-star treatment during the first leg of the show held at the Tafawa Balewa Square, TBS, Lagos. At a point, he became uncontrollable, making unreasonable demands as against the contract he signed for the show which got everyone miffed. He demanded to close the show in the early morning hours, causing potential chaos as 50 Cent, the headline artist, was already scheduled to close the event. This demand, coupled with his refusal to vacate the backstage when asked, pitched him against everybody, including the organisers.

Now, for those who may not know anything about concert organisation, that looked like a simple demand, right?

Fine, let me explain it to you for your understanding. In planning a show, every artist on the bill is allocated time that he or she would spend on the stage. A big concert is planned to the very last minute and as such, a slight deviation from the set course could undo everything. Every artist knows the exact time he is billed to climb the stage and get out of it. Some artistes get carried away on stage and that is when the DJ who most times doubles as ‘time keeper’ keeps reminding him or her with rapid busts of sounds. Sometimes, you would hear the artist say, “DJ, wait, I dey come, give me small time…” Other artistes ignore the cue and that is when the compere usually steps in and ends his performance. I will like to tell a short story here to drive home this point.

In 1999 or so, Rotimi Martins, aka Alariwo of Africa, was hot with his ‘Yawa Go Gas’ song. He played it at every major show in Lagos. So, Alariwo was to perform at that year’s ‘Wicked N Wild’ show by a tobacco company at the same TBS. He knew the scheduled time he was to get on stage, but Alariwo and his band were at another show (I was told he was playing at the Goethe Institute in Victoria Island, close by). Alariwo arrived about 30 minutes late. He thought as one of the biggest stars then, he would be given a pat on the back and ushered on stage. Whoosai! The ‘Oyinbos’ refused him performing and in frustration, Alariwo turned to us (journalists) backstage and called us names (same way Eedris did), for not assisting him to beg the organisers. I later heard he was asked to refund the performance fee he was paid. I do not know how he sorted things out with the organisers, but the punishment for his irresponsible act

Jackson

resonated across the entertainment industry.

But Eedris, being the 'biggest star in Africa,' will not have any of that. He saw it as preferential treatment for 50 Cent because he was an ‘Oyinbo’ (even though he is an African-American) and a denigration of him because he was a Nigerian.

That was when the “I fought for the rights of Nigerian musicians” delusion began. So, when everybody was asked to clear the backstage to make room for 50 Cent and his large band to have space, that to Eedris was the last straw and his top cylinder gasket blew.

Of a fact, no other artiste had any business being backstage as at that time except to guzzle the free beer and food that were in excess. A serious artiste should be home or at a club after his performance. But if some wanted to watch 50 Cent perform to learn some new stagecraft or network (which I doubt there would be time for), there is another designated VIP area for that. So, how did it become an issue that people were asked politely (only Eedris did not see the politeness in the tone) to vacate the backstage that he had to create a scene, screaming that Nigerian artistes were being denigrated?

So, I doubt if Eedris slept. Many of us did not sleep after the TBS show because the chartered flight to Port Harcourt for the second leg of the show was announced to leave by 8 am that morning. When I got to the airport, Eedris was already there and for the first time since knowing him and also since he became a star, there were three hefty looking, bulging biceps guys with him. Recall, that was the era Voltron (where is that guy now sef?), the owner of the professional bodyguards outfit was reigning. Voltron’s bodyguards all had a peculiar way they dressed; black T shirts, black boots, black pants and black leather hand gloves etc. That was how those three guys with Eedris were dressed. I saw it as an improvement, yes, because aside from Eedris’ ‘rep’, his musical status then had reached the stage he should be going about with personal bodyguards. Eedris and two of his band boys, I recall the tall, dark, lanky one (he featured prominently in the ‘Nigeria Jaga Jaga’ music video) were all drinking from a

Abdulkareem

bottle of whisky. It was a little bit too early to be drinking whisky, I reasoned, but then, stars have a way they do things.

Shortly, a fellow journalist and friend, Olumide Iyanda, joined me. Eedris was loud, talking at the top of his voice and he was enjoying all the attention he was getting from other passengers who, perhaps, were having the opportunity of seeing him at very close quarters for the first time. It was Olumide who explained to me in Pidgin English that Eedris was spoiling for a ‘final showdown’ and that was what he was saying in mostly Yoruba. Then I knew he was still smarting from what happened at the TBS earlier that morning. At intervals, officials of the multinational company, organisers of the show, two of them I know very well, would go to Eedris to appeal to him. He did not want to hear any of what they were saying.

News came in that 50 Cent, who was coming from Eko Hotel, was already close by and it was wise everybody boarded the plane to save time. This should be around some minutes past 9am. We all boarded, and surprisingly, before we boarded, I did not see Eedris and his crew, only for me to see them in the ‘First Class’ section of the plane. And because it was a free seating arrangement, I and Olumide found the three seats just immediately behind the ‘First Class’ seats vacant and tucked ourselves in. The same two officials of the company were appealing to Eedris to stand up. Then, I did not know that that section was already designated for 50 Cent and his crew. So, I was wondering why they were telling Eedris and his men to go and find other seats. Other Nigerian artistes were murmuring in disagreement with Eedris’s action just right behind Olumide and I, but Eedris already had his mind made up and that was when for the second time, he said he was the “biggest artiste in Africa just as 50 Cent was the biggest in America''. He was calling his fellow artistes ‘weaklings’ who could not stand up for their ‘rights’.

To be continue next week

L-R: President, Nigeria Vietnam Chamber of Commerce and Industry (NVCCI), Prince Oye Akinsemoyin; Minister of Environment, Alhaji Balarabe Abbas-Lawal and Chairman, Agro-Allied Commodities  Service Production and member of NVCCI, Emeritus Victoria Abike-Adesuyi, during their visit to the Minister’s Office in Abuja on March 14, 2024.

NEWS XTRA

Tinubu Appoints First Female NEMA DG

President Bola Tinubu has approved the appointment of Mrs Zubaida Umar as the Director-General of the National Emergency Management Agency (NEMA).

THEWILL reports that Mrs Umar is the first woman to be appointed as Director-General of the agency, an appointment, which further underlines President Tinubu’s avowed commitment to gender inclusion.

Mrs Umar has over 20 years of work experience in diverse fields, including Human Resources, and Finance and Administration. She is a member of the Chartered Institute of Bankers and the Institute of Credit Administration.

She holds ACCA certifications in Public Financial Management and Digital & Sustainability Financing.

As Executive Director, Finance and Corporate Services at the Federal Mortgage Bank, Mrs Umar drove the strategy and repositioning of the bank and successfully facilitated the transformation of the institution into a modern, digitised mortgage and financial service provider.

"The President expects that the new Director-General will bring the much-needed financial and operational discipline and refashion the agency into a performance-driven and proactive emergency response provider with a focus on prevention and climate change readiness in the execution of its core mandate", a statement by Ajuri Ngelale, Special Adviser to the President on Media and Publicity, said.

US Assistant Secretary of State to Visit Nigeria March 17-22.

US Assistant Secretary of State for Educational and Cultural Affairs, Lee Satterfield, is due to visit Abuja and Lagos, from March 17-22.

A statement from the office of the spokesperson at the Lagos office of the U.S. Consulate, Friday, said while in Nigeria, Assistant Secretary Satterfield will advance key bilateral priorities, including expanding access to education and bolstering economic opportunities through the creative arts.

The statement noted that Assistant Secretary Satterfield’s trip to Nigeria builds on a recent visit by Secretary of State Antony J. Blinken and reinforces the Biden-Harris Administration’s commitment to Africa by focusing on people-to-people connections between Americans and Nigerians.

Obaseki Splashes N20m on Angel Asein For Longest ReadAloud Marathon

BY IVORY UKONU

The Governor of Edo State, Godwin Obaseki, has rewarded Angel Osariemen Asein, with the sum of N20 million for breaking the Guinness World Record for the longest read-aloud marathon.

The record-breaking event unfolded at the Edo State Library within the State Secretariat Complex.

Angel’s resolute spirit propelled her beyond the previous record of 145 hours, ultimately reaching an impressive 230 hours.

She read continuously, without pausing for more than 30 seconds, captivating the attention of attendees from diverse backgrounds, including children, students and dignitaries.

In recognition of her remarkable dedication, Obaseki commended her efforts, emphasising the significance of nurturing a culture of education and aspiration among the youth.

He noted that Angel’s official attempt to break the Guinness World Record stood as a testament to her unwavering determination and perseverance.

Speaking during the visit to Angel, the wife of the Governor, Mrs Betsy Obaseki, expressed profound pride and described her as an inspiration and a beacon of hope to the younger generation.

She says, “When young girls like her see what she is doing, it will inspire them, encourage them, give them hope and push them to break records.”

The celebration of Angel’s achievement was marked by a formal event attended by dignitaries and well-wishers.

Angel was bestowed with the title of Ambassador for the Nigerian Copyright Commission, NCC and also received a free one-year health insurance scheme from the Edo State Government.

Additionally, she received a premium Mouka Foam as a token of appreciation.

35 Boko Haram Terrorists Killed in Clashes With Rival ISWAP Gunmen in Borno

BY LADI DAPSON

At least 35 Boko Haram Buduma terrorists were killed in a series of deadly clashes with the Islamic State of the West African Province (ISWAP) group on the shores of Lake Chad.

It was gathered that the ISWAP faction, led by Mallam Akilu, a top ISWAP Commander from Buluwa and Tamfala, led over 70 fighters to attack Boko Haram positions in Habujan Ruwa.

Impeccable sources told Zagzola Makama that the ISWAP fighters gunned down 9 terrorists and seized their weapons on March 11, 2024.

On the same day, other groups clashed around Lariski, located in south Jabullam in Abadam LGA of Borno State.

On 12 and 13 March, 2024, the ISWAP fighters advanced towards Tumbum Ali in Kukawa LGA of Borno State, blocking every access route of the Boko Haram.

During the attack, the ISWAP neutralised the Boko Haram fighters, killing 26 of them, captured 11 of them alive, as well as seized their weapons.

During the heavy gun battle, two fishermen caught in a crossfire were killed, while two others were abducted by ISWAP.

Zagazola understands that the Wali ali of ISWAP, Abu Musa Almangawi, has issued death sentences to all fighters under Abou Umaymah, aka Bakura Buduma. Both groups had vowed to wage more wars against than the government forces.

NEWS XTRA

Almajiri Education Commission Gets New Head

President Bola Tinubu has approved the appointment of Brigadier-General Lawal Ja’afar Isa (Rtd), as Executive Secretary of the National Commission for Almajiri and Out-of-School Children Education.

The President has also approved the appointment of Alhaji Tijani Hashim Abbas, as Senior Special Assistant to the President on Chieftaincy Matters.

The new appointments were announced in a press statement issued by Ajuri Ngelale, Special Adviser to the President on Media and Publicity.

General Ja’afar Isa is a respected leader. He was Military Administrator of Kaduna State between 1993 and 1996, while Alhaji Tijani Hashim Abbas is the Sarkin Sudan Kano.

According to Ngelale, President Tinubu anticipates that the new appointees will bring their vast experience into these important roles, which impact the very core of society, while ensuring that his administration’s drive to guarantee Nigeria’s out-of-school children, the most comprehensive education is realised in the superseding interest of the nation’s future.

Ramadan: Borno Senator Again Supports 4,3000

Nigeria’s Inflation Rate Rises to 31.70% in February –

Nigeria’s inflation rate soared to 31.70 per cent in February 2024, continuing its upward trend, the National Bureau of Statistics (NBS) said on Friday, in its Consumer Price Index report for February 2024.

According to the Bureau, the February 2024 headline inflation rate showed an increase of 1.80 per cent points, when compared to the January 2024 headline inflation rate.

The NBS report reads in part: "In February 2024, the headline inflation rate increased to 31.70 per cent, relative to the January 2024 headline inflation rate, which was 29.90 per cent.

"Looking at the movement, the February 2024 headline inflation rate showed an increase of 1.80 per cent points, when compared to the January 2024 headline inflation rate.

“On a year-on-year basis, the headline inflation rate was 9.79 per cent points higher, compared to the rate recorded in February 2023, which was 21.91 per cent. This shows that the headline inflation rate (year-on-year basis), increased in February 2024, when compared to the same month in the preceding year (i.e., February 2023).

“Furthermore, on a month-on-month basis, the headline inflation rate in February 2024 was 3.12 per cent, which was 0.48 per cent higher than the rate recorded in January 2024 (2.64 per cent). This means that in February 2024, the rate of increase in the average price level is more than the rate of increase in the average price level in January 2024."

Food inflation continued to be a significant factor in Nigeria’s inflation rate; rising to 37.92 per cent year over year and 13.57 per cent points higher than the rate recorded in February 2023 (24.35 per cent).

According to the NBS, “The Food inflation rate in February 2024 was 37.92 per cent on a year-on-year basis, which was 13.57 per cent points higher, compared to the rate recorded in February 2023 (24.35 per cent). The rise in Food inflation on a year-on-year basis was caused by increases in prices of Bread and cereals, Potatoes, Yam and other Tubers, Fish, Oil and fat, Meat, Fruit, Coffee, Tea and Cocoa.

Benue Herders Attack: 401 Special Force Brigade, OPWS Establish Outpost in Conflict Area

BY KAJO MARTINS, MAKURDI BY LADI DAPSON

The lawmaker representing Borno Central Senatorial District at the National Assembly, Senator Kaka Shehu Lawan, has provided assorted items to 4,300 households to cushion the effects of hardship faced by Muslims during Ramadan fasting.

Flagging off the distribution in Maiduguri, Senator Kaka Shehu Lawan said, the holy months of Ramadan, signify sacrifice and love aimed to bring the people together, irrespective of their backgrounds, tribes and cultures.

Represented by the Caretaker Chairman of MMC, Hon Usaman Chiroma, the palliative distribution, aimed to support the All Progressives Congress political leaders within the central senatorial district, especially during Ramadan fasting in the state.

He said, "It is a palliative to the stakeholders and party supporters to assist them during the Ramadan period, we all know Sen Kaka Shehu Lawan is up and doing; this palliative will continue as you can see today's flag-off is targeting 4,300 beneficiaries.

"It is a Ramadan gesture to the 4,300 families and Insha Allah, we shall continue", Sen Lawan said.

He urged the beneficiaries to continue to pray for the leaders at all levels, the peace of the state and the nation at large.

The 401 Special Forces Bridge and Operation Whirl Stroke, now known as Sector 1 OPWS, has established a new Outpost in Gwer East, to forestall further attacks at Mbaikyor Mbalom communities by invading Fulani herdsmen.

The recent invasion led to the death of about 15 people, with several others sustaining various degrees of injuries, while farm produce was set ablaze during the attack.

Sources said the commitment and resilience exhibited by the Special Security Operative Sector 1 Operation Whirl Stroke (OPWS), Benue State, through prompt intervention, has resulted in what would have been an escalation of the crisis.

A resident, who does not want his name in print, noted that the establishment of an outpost at Mbalom Community was long overdue since the first incident in 2018 when two Catholic Priests and several others were killed by invading Fulani herdsmen. The investigation also revealed that the security strategies displayed by the Sector 1 OPWS in the crisis area that had led to the restoration of normalcy in the affected community with fleeing members returning to their respective homes are worth commendation.

It was gathered that on March 11, 2024, the Commander 401 Special Forces Command, Major General H. E. Nzan, accompanied by the Commander Sector 1 Operation Whirl Stroke Benue State, visited Mbaikyaor, Mbalom, Gwer East local government area of the State, where they engaged in an interactive session with the traditional rulers, elders and youth of the area aimed at having first-hand information and knowing the remote causes of the attack that have claimed lives and property with others sustaining serious injuries on March 7th this year.

In the course of interaction, it was revealed that on February 28, 2024, some Fulani herders had entered the community with their cows and openly grazed and destroyed crops, which prompted villagers to arrest and hand over three herders to the police at Aliade Police Divisional Headquarters in Gwer East.

The villagers accused the herders of allowing their cows to consume and destroy their farm produce stored at various points valued at millions of naira.

Head, Department of Ophthalmology, State House Medical Centre, Dr Jane Ifechukwu  (4TH Left) with staff of the department, during the commemoration of 2024 World Glaucoma Week in Abuja on March 14, 2024.

13th African Games: Nigeria in Fierce Battle For Supremacy Against Egypt, South Africa, Algeria

BY JUDE OBAFEMI

The 2023 African Games, currently unfolding in the vibrant city of Accra and other venues across Ghana, have become a crucible of athletic excellence, where the continent's finest sportsmen and women are engaged in a fierce battle for supremacy. As the Games approach their climactic finale on March 23, the Nigerian contingent, comprising 358 athletes across 25 different sports, finds itself embroiled in an intense tussle with perennial rivals Egypt and an ascendant South African team.

“Particularly noteworthy was the thrilling battle between Egypt's Omar Assar and Nigeria’s Aruna Quadri, Africa’s highest-ranking tennis professional

The Nigerian contingent burst onto the scene with a flurry of impressive performances, quickly establishing themselves as prepared to compete for the top spot. In the early stages of the Games, Nigerian athletes dominated the wrestling arena, with stars like Mercy Genesis, Christiana Ogunsanya, Adekuoroye Odunayo, Esther Kolawole, Blessing Oborududu, and Hannah Reuben etching their names in glory by clinching gold medals in their respective weight classes.

The weightlifting arena also witnessed Nigerian dominance, with Edidiong Umoafia's gold medal in the 67kg category, where she lifted a staggering total of 300kg, serving as a highlight. Anuoluwapo Opeyori's triumph in the men's singles badminton event further contributed to Nigeria's

burgeoning medal tally.

However, it was in the Mixed Martial Arts (MMA) tournament, a non-scoring demonstration sport at the Games, that Nigerian fighters truly shone. Securing an impressive five gold medals, the Nigerian MMA contingent topped the MMA medal table, outperforming Mauritius, which claimed three gold medals. As the Games progressed, Nigeria found itself locked in a fierce battle with Egypt and South Africa for the coveted top positions on the medals table.

Egypt's contingent has once again proven to be a formidable force, leaving an indelible mark on the African Games with their unwavering pursuit of excellence. With a staggering 134 medals, including an impressive 76 gold medals, as of March 15, Egypt has undoubtedly lived up to its reputation as a powerhouse in African sports.

The Egyptian contingent's strength lies in its depth and diversity, with athletes excelling in a wide range of disciplines, including table tennis, weightlifting, wrestling, athletics, and swimming. Their meticulous preparation and unwavering determination have propelled them to the top of the medal table, leaving other nations scrambling to keep pace. Particularly noteworthy was the thrilling battle between Egypt's Omar Assar and Nigeria’s Aruna Quadri, Africa’s highestranking tennis professional. Assar beat Aruna Quadri 4-3 in the final to claim the gold for Egypt and reclaim the title he lost in 2019.

While Egypt's dominance has been undeniable, South Africa has emerged as a formidable contender, challenging Nigeria's long-held position as the second-

Oborududu

Taiwo

...For Supremacy Against Egypt, South Africa, Algeria

strongest sporting nation on the continent. With 81 medals, including 22 gold, as of midday on March 15, South Africa has proven to be a force to be reckoned with, excelling in various disciplines such as athletics, swimming, and rugby.

As the Games approach their conclusion, the battle for second place on the medals table has intensified, with Nigeria and South Africa engaged in a nail-biting contest. Initially, Nigeria surged ahead, claiming 62 total medals, with South Africa hot on their heels at 81 medals, where the number of gold medals matters more than the overall medal count. However, a series of remarkable performances by South African athletes propelled them into second place, temporarily relegating Nigeria to third.

Undeterred, the Nigerian contingent mounted a stunning comeback, securing one gold, three silver, and one bronze medal on Thursday, March 14. This impressive haul elevated Nigeria back to the second spot on the medals table, with a total of 62 medals, including 23 gold, 18 silver, and 21 bronze. The heroics of athletes like weightlifter Osijo Taiwo, who clinched a gold medal in the Clean & Jerk event and two silver medals in the Snatch and Total Lift categories, have been instrumental in Nigeria's resurgence. Osijo's unwavering determination and her coach's guidance played a crucial role in her success, as she navigated through all six attempts without a single default, a feat that left her brimming with pride and gratitude.

As the Games approach their climax on March 23, the battle for second place remains intense, with Algeria lurking closely behind Nigeria with 86 medals, including 22 gold, 28 silver, and 36 bronze, as of midday on March 15. South Africa, despite temporarily surrendering the second position to Algeria due to the better silver medal count, remains a formidable contender with 22 gold, 25 silver, and 34 bronze medals.

While the competition for the top positions has been fierce, the host nation, Ghana, has faced challenges in its quest for sporting glory. With just five medals,

Continued from Back Page

including one gold, three silver, and one bronze, as of March 15, Ghana has dropped to the 16th position on the medals table, a disappointing outcome for a nation that had hoped to capitalise on home advantage. The struggles of the Ghanaian contingent serve as a stark reminder of the immense dedication, resources, and long-term planning required to nurture and develop world-class athletes capable of competing on the continental stage.

With eight more days remaining until the Games' conclusion on March 23, the battle for supremacy on the medals

Celebrating Exemplary Leadership: Umahi, Otti's Transformative Impact

also setting a precedent for responsible governance across the nation.

These two leaders, each hailing from different political parties and backgrounds, have proven that effective leadership transcends party lines and ideological divides. Their shared commitment to the greater good and their unwavering dedication to serving the people have united them in a common cause – the pursuit of progress and development for their constituencies.

In celebrating the achievements of Umahi and Otti, we are not only acknowledging their individual successes but also recognising the immense potential that lies within Nigeria's leadership ranks. Their stories serve as a clarion call to other public servants and elected officials, challenging them to embrace transparency, accountability, and a relentless pursuit of excellence in service to the nation.

table is set to intensify. Nigeria, buoyed by their recent resurgence and the brilliant performances of athletes like Osijo, will undoubtedly be pushing hard to solidify their hold on the second position and potentially mount a challenge to Egypt's dominance. However, the South African contingent, with their depth and breadth of talent across various disciplines, will not relinquish their ambitions easily. Nor will Algeria. The stage is set for a thrilling finale, where every medal, every gold, silver, or bronze, could prove decisive in determining the ultimate outcome.

Beyond the intense competition and the quest for medals, the 2023 African Games in Ghana have served as a powerful platform for cultural exchange, fostering unity, and promoting the rich diversity of the African continent. The Games have provided a stage for athletes to showcase their talents, inspire future generations, and serve as ambassadors for their respective nations. The camaraderie and sportsmanship displayed by the participants have transcended borders, celebrating the shared spirit of excellence and the pursuit of greatness that binds all African nations together.

As the remaining days of the Games unfold, the eyes

forever be etched into the annals of African sporting history.

As Nigeria attempts to find its way toward sustainable development and economic prosperity, I have decided to draw attention to the examples set by Umahi and Otti to inspire a new generation of leaders who are driven by a sense of purpose and a commitment to transformative change. The legacies of these two, an ex-governor and a sitting governor, will stand as a testament to the power of responsible governance and the profound impact that dedicated leadership can have on the lives of millions.

In a nation where scepticism and cynicism have often overshadowed hope, the achievements of Umahi and Otti serve as a reminder that change is not only possible but also within reach. Through their unwavering dedication and tireless efforts, they have demonstrated that, even in the face of adversity, Nigeria can rise to new heights of progress and prosperity when the right leaders are at the helm.

For Nigeria, the journey continues. With a promising crop of young talents emerging across various disciplines, the nation's position as a continental powerhouse in sports remains promising. However, the constant challenge from formidable opponents like Egypt and the relentless pursuit of excellence by nations like South Africa and Algeria serve as a reminder that complacency is not an option.

As the Games draw to a close, the Nigerian contingent will undoubtedly be greeted with a sense of pride and admiration for their performances, regardless of their final position on the medals table. Their achievements will inspire countless young athletes, motivating them to follow in the footsteps of their heroes and carry the Nigerian flag high on the global stage. The road ahead is paved with challenges and opportunities, but for Nigeria, the unwavering spirit of determination and the relentless pursuit of greatness will continue to propel the nation's sporting aspirations forward, solidifying its position as a force to be reckoned with in African and international sports.

Umofia

Quadri

Celebrating Exemplary Leadership: Umahi, Otti's Transformative Impact

In a nation where inefficiency and mismanagement have often plagued public service, the performances of Dave Umahi, the Minister of Works and Alex Otti, the Governor of Abia State, stand out as beacons of hope. These two leaders, hailing from different political parties but united in their commitment to responsible governance, have demonstrated that transformative change is possible when the right people are placed in positions of authority.

From the moment he assumed office as the Minister of Works in August 2023, Umahi, a seasoned civil engineer and politician from Ebonyi State, hit the ground running. His appointment was met with optimism, given his impressive track record as the former governor of Ebonyi State, where he spearheaded a remarkable infrastructural transformation.

Umahi's tenure as Minister of Works has been nothing short of inspirational. He has traversed the length and breadth of Nigeria, assessing the condition of major federal roads and laying out a comprehensive plan for their rehabilitation and reconstruction. His emphasis on the use of concrete technology for road construction has been widely praised, as it promises to deliver more durable and long-lasting infrastructure, setting a new standard for the country.

ership, for its excellent arrangement in the payment of money to contractors handling road projects. This commendation highlights the minister's commitment to fostering a conducive environment for infrastructure development by ensuring timely payments and

One of Umahi's most notable achievements thus far has been the progress made on the Third Mainland Bridge, a critical transportation link in Lagos, Nigeria's economic heartbeat. Under his leadership, the Ministry of Works has not only been carrying out necessary maintenance, resurfacing and improvement works but also has ensured the smooth flow of traffic, minimising disruptions to the daily lives of thousands of commuters.

Umahi's background as a civil engineer has undoubtedly been a significant asset in his role as Minister of Works. He possesses a deep understanding of the technical aspects of infrastructure development, enabling him to make informed decisions and implement projects with efficiency and precision. This expertise, combined with his governance experience as the former governor of Ebonyi State, has proven to be an invaluable combination.

The Association of Ministry of Works' Contractors has lauded the Federal Government, under Umahi's lead-

sustainable economic growth and poverty reduction.

Otti's governance approach has been characterised by transparency, accountability, and inclusivity. He initiated a forensic audit of the state workforce, which uncovered and eliminated thousands of ghost workers, saving millions of naira for the state's coffers. This bold move has not only restored fiscal discipline but also instilled confidence in the public service, demonstrating Otti's commitment to rooting out corruption and mismanagement. Salaries, pensions, and gratuities are now promptly paid to workers and retirees in Abia State, ensuring improved living standards for the state's workforce.

adherence to best practices.

Umahi's emphasis on providing indigenous contractors with a level playing field and equal opportunities in the award of contracts is a testament to his dedication to promoting local talent and capacity-building. By stressing the need for strict adherence to procurement and job specifications, he is paving the way for greater speed and best standards in road infrastructure projects, which are essential for economic growth, security and reduced transportation costs.

Like Umahi, Governor Alex Otti of Abia State has demonstrated an unwavering commitment to responsible leadership and transformative change. Since assuming office, Otti has embarked on an ambitious economic transformation plan aimed at creating wealth and employment opportunities in the state.

One of Otti's flagship initiatives is the Aba Industrial City Project, which seeks to revitalise the industrial sector and attract investments to the state.

By leveraging Abia's comparative advantage in agriculture and other sectors, Otti is paving the way for

In the realm of infrastructure development, Governor Otti has made significant strides, particularly in the commercial city of Aba. Within his first 100 days in office, he flagged off the renovation of nine roads in Aba, with seven of them completed and inaugurated within four months.

This rapid pace of infrastructure development is a testament to Otti's commitment to transforming the state and improving the lives of its residents.

Moreover, he has confirmed the construction of a light rail system across the state in collaboration with a Chinese construction company. This forward-thinking approach not only addresses transportation challenges but also signifies a transformative leap towards a more sustainable, interconnected and vibrant Abia State.

By fostering strategic partnerships with foreign and local investors, donors, and development partners, Otti is leveraging external resources to support various projects and programmes in the state.

The achievements of Umahi and Otti serve as inspiring examples of what can be accomplished when dedicated and competent individuals are entrusted with positions of leadership. Their commitment to excellence, transparency and accountability has set a new standard for public service in Nigeria, challenging the status quo and demonstrating that positive change is indeed possible.

As Umahi continues to oversee the renaissance of Nigeria's infrastructure and Otti forges ahead with his transformative agenda in Abia State, their efforts are not only benefiting their respective constituencies but

In celebrating the achievements of Umahi and Otti, we are not only acknowledging their individual successes but also recognising the immense potential that lies within Nigeria's leadership ranks