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OnahNwachukwu Editor, THEWILL DOWNTOWNEvery 25th of May, we celebrate Africa Day, a poignant tribute to Africa’s past and ongoing triumphs. It resonates with unity, solidarity, and progress across the continent while also honouring the indomitable spirit of the African people. Africa Day is a powerful testament to the resilience and sacrifices of those who valiantly fought against colonial oppression, paving the way for a brighter future for future generations.
It also recognises Africans who are paving the way for the future and doing us proud, like Tobi Amusan, and Akinwunmi Adesina.
Africa Day also celebrates diversity in the traditions that coexist harmoniously across the continent. As we celebrate the day, we draw attention to some Africans doing amazing things in their sectors on pages 8 to 12
High heels aren’t exactly the most comfortable shoe option. You can opt for many other stylish and comfortable shoes that will leave you looking good. See pages 4 and 5.
Parents are saddled with raising their children to know right from wrong. We discuss some habits you can instil in your children from an early age to help with their general well-being on page 12.
Our movie review page spotlights Furiosa: A Mad Max Saga, the prequel to the Mad Max franchise. Based on this review, I can’t wait to see it.
Remember, our movie review page is not just a review; it’s an experience. Click on the instructions below the QR codes to download the playlist. I assure you, the music selection will be a delight. That’s on page 16.
Until next week, enjoy your read.
TINUBU’S RENEWED HOPE AGENDA:
First Year, Top Performers…
BY AUSTYN OGANNAH, OLAOLU OLUSINA AND AMOS ESELEThe President Bola Tinubu administration came into office on May 29, 2023, with great optimism starting off with the implementation of two tough but necessary economic decisions – cancellations of the subsidy on petrol and multiple foreign exchange rates. Though these reforms have worsened the economic situation in the short and midterm, they are expected to catalyse economic growth in the longterm according to overall consensus by both Nigeria and global economists.
When President Tinubu on June 15, 2023, inaugurated the National Economic Council (NEC) advisory body, comprising the Governors of the 36 States, Central Bank of Nigeria (CBN) Governor and other stakeholders, at the State House, he listed eight priority areas for urgent attention and called for collective frameworks that will stimulate a buoyant economy that meets the needs of the poor and vulnerable.
The areas of focus are on security, economy, jobs, agriculture, infrastructure, monetary policy and fuel subsidy.
Almost one year down the line of the President’s four-year tenure, his Ministers have heeded his call to publicise their achievements or, better still, to tell Nigerians whether they have justified their appointments by pushing policy initiatives towards realising the 7-point agenda. THEWILL notes that the consensus expectation is that President Tinubu will effect changes to his cabinet in the coming days.
Whilst the Tinubu administration has three more years to deliver on its mandate, our cover story identifies 15 Ministers amongst the 45 appointees, who are showing capacity and understanding of their roles and appear to be shining stars of this administration thus far. We dub them The Performers.
They are Minister of Aviation and Aerospace Development, Festus Keyamo, SAN; Minister of Works, David Umahi; Minister of Internal Affairs, Olubunmi Tunji-Ojo; Minister of Communications, Innovations and Digital Economy, Bosun Tijani; Minister of Solid Mineral Resources, Oladele Alake; Minister of the Federal Capital Territory, Nyesom Wike; Minister of Defence, Mohammed Badaru Abubakar; Minister of Health, Mohammed Ali Pate and Minister of Justice and Attorney General of the Federation, Lateef Fagbemi.
Others are Minister of Trade and Investment, Doris Anite; Minister of Labour and Employment, Nkiriuka Onyejeocha; Minister of Sports, John Enoh; Minister of Foreign Affairs, Yusuf Tuggar; Minister of Information and National Orientation, Muhammed Idris and Minister of Arts, Culture and Creative Economy, Hannatu Musawa.
design flaws in the facility that had previously rendered the terminal unusable for many international flights. He also ensured the swift repair and reactivation of Lagos’ Second Runway (18R), which had been out of service for nearly a year before assuming office and left only one runway in use for the busiest airport in the country.
Under Kayemo’s watch, the controversial Nigeria Air Project, a poorly implemented project by his predecessor, Hadi Sirika, was suspended to rescue
the country from an appalling deal with Ethiopian Airlines.
Two most significant achievements recorded by Keyamo since his assumption of office are the successful return of a Nigerian flag carrier to the highly lucrative London, United Kingdom route since 2017. He broke the longstanding monopoly of foreign airlines on the UK-Nigeria route by actively engaging with the UK authorities to grant Air Peace, a local airline, reciprocal operating rights under Nigeria's Bilateral Air Service Agreement with the UK. This move led to a significant reduction in fares on this route for Nigerians after Air Peace launched its inaugural daily flights in March this year.
The second is the restoration of flights between Nigeria and the UAE through the diplomatic effort of President Tinubu. Keyamo successfully coordinated with UAE authorities, resulting in the resumption of Emirates flights by October 1, 2024. Air Peace is also expected to relaunch its flights into Dubai this year as well.
In a similar feat, Keyamo last week successfully revived the resumption of the long-dormant cargo flight operations between Nigeria and Saudi Arabia as the United States-Nigeria Open Skies Air Transport Agreement entered into force, which is a huge step that allows Nigerian airlines to operate into any city in that country.
In partnership with the immigration service, the minister expedited and supervised the remodeling of the Arrival Hall of Wing E at Lagos International Airport into a brand-new facility through a Public-Private Partnership and also worked closely with the Central Bank of Nigeria to resolve and clear longstanding backlog of trapped funds for foreign airlines.
This month, Keyamo also obtained FEC approval to boost revenue and prevent losses at FAAN facilities nationwide by requiring all VIPs to pay access fees at all the Airport toll gates, thereby departing from a tradition that existed for decades that gave VIPs exemptions at our airports.
Keyamo is also in high level talks with Access Bank Group to reconstruct the old international airports in Lagos and Port Harcourt under the bank’s CSR.
As Minister of Interior, Tunji-Ojo is leaving a legacy that will not only impact efficiency and leadership but also regain public confidence in public service.
Within two weeks of assuming office, he resolved a backlog of 204,000 passport applications, demonstrating his ability to deliver efficient service to citizens.
He has also introduced user-friendly e-platforms for visa applications, enhanced e-passport facilities at key Nigerian embassies, and advocated for fair compensation for paramilitary officers. His collaborative efforts have led to the release of 4,000 inmates from correctional centers, reflecting his commitment to rehabilitation and social justice.
COVER First Year, Top Performers…
DMeclaring: “We have been in office in only nine months and you do not expect us to solve the entire problems of Nigeria once,” Wike announced the commissioning of a 120 kilometre road within the six area councils and listed the implementation of the FCT service commission, the inclusion of the women’s secretariat in the FCT, which now has a mandate Secretary, and the exit of the FCTA from the Treasury Single Account to pave the way for access to the FCT’s internally generated revenue for the execution of projects.
Other areas of recorded success, he said, include improved security dealing with provision of security vehicles, construction of roads, Rehabilitation of the Abuja light rail project, rehabilitation of schools across the FCT, improved roads and critical infrastructure.
Looking ahead, he said, “In our next budget, we want to build a ‘Renewed Hope City’. This is for affordable houses, not for the big men. We are going to provide infrastructure, build and allocate houses to the poor. We have in our mind to build 10,000 houses for the poor.”
inister of Works, David Umahi, Is visibly one of the top performing ministers as his preference for concrete pavements over asphalt in roads construction across the country has stood him out, justifying his view that “You cannot put asphalt in water but you can put concrete in water.'' Always visible at several road junctions across the country inspecting projects, his display of knowledge of the terrain, especially his ability to persuasively quote figures, to the chagrin of many contractors, is a demonstration of his depth of knowledge.
An outstanding builder, his signature is clearly visible on the transformation work on the newlyrehabilitated Third Mainland Bridge in Lagos as he is currently transforming the long abandoned Abuja-Kaduna-Kano highway into a priority corridor, even as it appears that he is learning very fast the politics of roads construction in Nigeria with his handling of the controversial Lagos-Calabar Coastal Highway.
inister of Solid Minerals Development, Dele Alake, has said his ministry is critical to the Bola Tinubu Administration’s goal to transition Nigeria from a mono-cultural to a diversified economy through eight prioritised areas.
Sounding upbeat at the Ministerial Briefing held last Thursday, he said that a global upsurge in energy transition has led to the focus on green energy, which relies on critical minerals that Nigeria possesses in commercial quantities.
According to the minister, the critical minerals will provide opportunities for the sector to contribute more to Nigeria’s Gross Domestic Product and develop its local economy. Accordingly, Nigeria has been showcasing the potential of its minerals, which has been attracting the interest of foreign investors like Glencore Group visiting Nigeria to seek more information for business; the ministry has unveiled the Nigerian Minerals Resource
Decision Support System Software, a one-stop shop for investors seeking geoscience data and other credible information to make informed decisions. The Nigerian Solid Minerals Company has been set up through public/ private partnership with 25 per cent as government share; 25 per cent Nigerian public and 50 per cent share for private investors.
Strategically, 1,619 titles and 900 dormant mining licences were revoked from operators who failed to meet their obligations to government, while the Community Development Agreement aimed at fostering harmony between mining companies and host communities has been reworked and the Mining Marshal Corps has been established and deployed across the 36 states and the Federal Capital Territory.
According to the Minister of Defence, Mohammed Badaru Abubakar, insecurity has been leashed in a bid to eliminate it. He said that in line with the President’s Renewed Hope Agenda, the Ministry of Defence has been able to bring all security agencies together and create a synergy among the Police, the Armed Forces, the Nigeria Security and Civil Defence Corps, and the office of the National Security Adviser.
As a result, 3,900 bandits and insurgents have been neutralised, 7,000 arrested and 4,431 victims rescued. Measures, he said, have been taken to improve crude oil production through the destruction of 3,051 illegal refineries and depots, 2,279 boats, 3,900 storage facilities and vessels arrested.
Internally, the ministry is collaborating with the Ministry Interior and Humanitarian Affairs, Disaster Management and Social Development to involve Nigerians in intelligence gathering for the security agencies. Externally, the ministry has sustained and strengthened collaboration with Cameroon and the Benin Republic on security matters. With the signing of the Defence Industry Corporation of Nigeria, DICON bill, the country is embarking on the production of arms and ammunition to fight insurgency and banditry with 13 companies about to start in the country. “In no distant future, we will end insecurity problems in the country,” Abubakar concluded.
COVER
First Year, Top Performers…
MINISTER OF JUSTICE AND ATTORNEY-GENERAL OF THE FEDERATION, LATEEF FAGBEMI, SAN
The Minister of Justice and Attorney-General of the Federation, Lateef Fagbemi, SAN, declared on Friday that the Federal Government secured 166 criminal convictions in the past year. He made the disclosure while presenting his scorecard at the ongoing Ministering Sectoral Updates in Abuja, the Federal Capital Territory, FCT.
Fagbemi said the ministry, hand in hand with relevant security and law enforcement agencies, such as the Legal Aid Council and the National Human Rights Commission, developed a framework for joint investigation and collaboration to facilitate successful prosecution of criminal and civil cases, leading to securing “166 convictions of criminal cases out of which 87 convictions were for terrorism and 13 for terrorism financing. The percentage of terrorism cases initiated and terrorism cases concluded within the period has been significant,” he revealed.
He disclosed that 625 cases were initiated against the President, the Federal Government of Nigeria and its agencies before states, federal and ECOWAS courts within the same period. He said the welfare of Judges has improved and “for the first time, we have had a full complement of 21 Justices at the Supreme Court and wages have increased. Allocation has been on the upsurge.”
Looking ahead, the minister said President Bola Tinubu’s government was operating on the rule of law and justice and “no one will be held outside the laws of the country”, because, “You don’t rationalise justice, you dispense it. If people deserve to be released, you release them.”
The minister has concentrated on two major areas with the president’s approval. These areas are broadband infrastructure and capital development.
Since his appointment, the minister has launched a Special Purpose Vehicle (SPV) that will support the delivery of an additional 90,000km of fibre-optic cable to complement Nigeria’s existing connectivity infrastructure and deliver a stronger national backbone for universal access to the internet across the country. This according to Mr. Tijani will increase the nation’s connectivity backbone to a minimum of 125,000km from the current coverage of about 35,000km.
Another significant move by the minister is the conversion of a previously abandoned prime federal government owned property in San Francisco, California, United States to a Nigerian Digital Technology Exchange Programme Hub (Nigeria Startup House). The Silicon Valley is the global center for technology and innovation. The Nigerian Startup House will be managed by a consortium of Nigerian digital technology companies who will provide non-public funding for the operations of the Startup House.
The Minister of Health, Ali Pate, stated that efforts have been made through the National Agency for Food and Drug Administration and Control, NAFDAC, to reduce the circulation of fake drugs, disclosing that, “the prevalence of fake drugs is now less than 10 percent.” He said that though such efforts were still not good enough, it was a good departure from the past.
Another achievement of the Ministry of Health has been its ability to contain the spread of infectious diseases such as meningitis, Lassa fever and malaria.
Though presently witnessing a large exodus of doctors, midwives and nurses from our health facilities, the minister confirmed the recruitment of 2,497 replacements within the last eight months to bridge the manpower shortage in the health sector. He said an additional 1,400 health facilities now have Skilled Birth Attendants to assist in deliveries at the health facilities.
According to him the FG will be releasing N50 billion as the first tranche of the Basic Healthcare Fund, a significant increase from N25bn allocated in 2022.
“This infusion of funds will breathe new life into our primary healthcare facilities, ensuring that quality care is accessible to all citizens," Pate said.
Two most significant achievements recorded by Keyamo since his assumption of office are the successful return of a Nigerian flag carrier to the highly lucrative London, United Kingdom route since 2017. He broke the longstanding monopoly of foreign airlines on the UKNigeria route
MINISTER OF INDUSTRY, TRADE AND INVESTMENT, DORIS UZOKA-ANITE
Minister of Industry, Trade, and Investment, Doris Uzoka-Anite, has been instrumental in facilitating several international and domestic investments worth over $30 billion into the country’s economy and across various sectors, since her appointment a year ago. As a major participant in Nigeria’s various bilateral engagements, the minister has sealed many partnership opportunities for Nigerian trade, such as the $14bn worth of FDI inflow to Nigeria during the G20 summit in India and another $10 billion in investment commitments for the oil and gas sector.
Uzoka-Anite also succeeded in fostering collaborative efforts between her ministry, Nigeria Customs Service and the Central Bank of Nigeria to automate the export permit process for increased transparency in ensuring that exports proceeds are duly repatriated back to the country.
Fueling economic growth and transforming lives, the Federal Government, through the Federal Ministry of Industry, Trade and Investment and Bank of Industry, is disbursing N50,000 grants to nano businesses across the 774 LGAs of the country via the Presidential Conditional Grant Scheme (PCGS). This initiative supports women, youth, the elderly, and the physically challenged in various sectors like trading, artisanship, food services, and more.
MINISTER OF STATE, LABOUR AND EMPLOYMENT, NKIRUKA ONYEJEOCHA
Under her watch as Minister of State, Labour and Employment, Nkiruka Onyejeocha, was instrumental to the launch of the Labour
COVER
First Year, Top Performers…
Employment Enhancement Programme (LEEP) to provide the Nigerian workforce with the essential tools and opportunities to succeed in the digital era. Her Special Adviser on Media, Gabriel Emameh, disclosed that LEEP has the vision to train and equip 2.5 million people as it is targeted at zero hunger, zero poverty, economic growth, and decent jobs through six strategic initiatives.
As the first female minister in the ministry’s history, Onyejeocha has exhibited pragmatism in service and she has successfully used the Presidential Compressed Natural Gas Initiative stakeholders’ engagement to mobilise skilled workers. The minister succeeded in forging a groundbreaking partnership between the ministry and PI-CNG initiators with the aim of bringing together technicians and unions to create over 25,000 jobs for Nigerian technicians across the country. She has also been instrumental to the on-going negotiations with labour on minimum wage for workers.
Minister of Sports Development, John Enoh, is the 36th Minister of Sports. His achievements, according to his media aide, Diana-Mary Nsan, include successes recorded across various sporting events, including the African Cup of Nations, the All African Games and the World Relay Championships in the Bahamas.
The positive strides made by Nigerian athletes on the international stage, showcasing the nation’s prowess and determination in the world of sports were the results of his dedication and commitment as well as his encouragement to the athletes.
The minister, who recently outlined the vision of his ministry, to increase private investments in the sports industry as well as advance sports for development and development of sports, revealed that the industry has undergone a significant facelift, ushering in a new era of growth and opportunity, with the Ministry of Sports now standing alone from youth development.
Minister of Foreign Affairs, Yusuf Tuggar, is a major figure in the present administration and he is leading the implementation of President Bola Tinubu’s new foreign policy initiative, the “4D Doctrine,” which focuses on Demography, Development, Diaspora and Democracy with a significant focus on development, specifically on renewing and strengthening bilateral relations, facilitating socio-economic growth, and promoting Nigeria’s sovereignty, regional integrity, and national interests.
As Nigeria's former Ambassador to Germany for seven years, Tuggar facilitated the state visit of German Chancellor Angela Merkel to Nigeria, played a major role during the 23rd session of the UN Framework Convention on Climate Change, and was behind the repatriation of lost artifacts from the German Government back to Nigeria, especially the Benin artefacts. Last week, two more significant artefacts were repatriated to the Oba of Benin from Germany.
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Minister of Information and National Orientation, Muhammed
Idris, popularly known as Malagi, is the brain behind the ongoing transformation of the communication and media aspects of the Bola Tinubu Administration, separating actual government communication from mere propaganda
Minister of Arts, Culture and Creative Economy- Hannatu Musawa, is behind the groundbreaking partnership with the African Development Bank (AfDB) that led to the launch of the $617 million Investment in Digital and Creative Enterprises (IDICE) fund.
Described as a significant milestone for the Nigerian creative landscape, the transformative fund, according to the minister's media aide, Nneka Ikem Anibeze, is poised to unleash unparalleled growth, with the potential to catalyze over $1 billion of growth in the creative economy upon full deployment.
Kicking off her tenure with an eight-point agenda that boldly aspires to position Nigeria as the world’s hub for creativity, culture, and entertainment, Musawa has turned this strategic blueprint into a roadmap to revolutionise the industry, promising to unlock job opportunities, forge foreign partnerships, and cultivate local collaborations, all in a bid to elevate Nigeria’s economic standing through the power of creativity and culture.
MINISTER OF INFORMATION AND NATIONAL ORIENTATION,
Minister of Information and National Orientation, Muhammed Idris, popularly known as Malagi, is the brain behind the ongoing transformation of the communication and media aspects of the Bola Tinubu Administration, separating actual government communication from mere propaganda.
An avowed advocate of good governance and public accountability, Malagi, the seasoned journalist and publisher, is a round peg in a round hole and an important personality in the new administration, providing clarifications and managing controversies that might affect the credibility of the Federal Government.
Group Chairman, Mr. Tony O. Elumelu, CFR (right) with the Group Managing Director/ CEO, Mr. Oliver Alawuba, at the 62nd Annual General Meeting of United Bank for Africa (UBA) held at Transcorp Hilton, Abuja, on Friday, May 24,2024.
Tinubu Inaugurates N24bn Ogbia-Nembe Road Jointly Constructed by NDDC/SPDC
President Bola Tinubu has inaugurated the N24 billion Ogbia-Nembe Road in Bayelsa State, jointly executed by the Niger Delta Development Commission (NDDC) and the Shell Petroleum Development Company (SPDC).
Speaking at the commissioning ceremony, the President, who was represented by the Minister for Niger Delta Development, Engr. Abubakar Momoh, said that the 25.7-kilometre road demonstrated the commitment of the Federal Government to development and peace in the Niger Delta region.
He noted that the NDDC had, within the week, commissioned the 132KV Transmission Line and I32KV/33KV electricity substation at Ode-Erinje in Okitipupa Local Government Area of Ondo State, which would give light to over 2,000 communities.
The President charged all development partners, especially the International Oil Companies, IOCs, to emulate SPDC and the Nigerian National Petroleum Company Ltd, NNPC, TotalEnergies, and Nigerian Agip Oil Company, NAOC, that collaborated with NDDC on the Ogbia-Nembe Road and bridges project.
In his remarks, the Chairman of the NDDC Governing Board, Chiedu Ebie, said the completion of the project showed the benefits of continuity in the execution of development projects. “This project underscores the importance of collaboration between government and private sector entities in achieving developmental milestones. We remain committed to bridging infrastructure gaps, ensuring sustained benefits, and spearheading further development projects in the Niger Delta region", he observed.
The NDDC Managing Director, Dr Samuel Ogbuku, described the multi-billion-naira project as an enduring legacy in the Niger Delta region, stating: “The project, with seven bridges, 53 culverts and 4 spurs, linking 14 communities, is a good example of what could be achieved through collaboration of development agencies.”
Ogbuku said that the Commission would love to see more collaborations with other multinational corporations such as Chevron in executing legacy projects.
He disclosed that NDDC was already in discussion with Chevron on forging a partnership for the construction of the WarriOmadino-Escravos Road, in Warri North Local Government Area of Delta State.
In his remarks, the Managing Director of SPDC, Osagie Okunbor, described the Ogbia Nembe Road “as an epochmaking project that exemplifies what is possible when the private sector collaborates with credible partners.
Royal Tussle: Tension in Kano as Police, Govt Differ on Bayero, Sanusi
BY ABDULLAHI YUSUF, KANOThe initial calm that welcomed the reinstatement of Sanusi Lamido Sanusi 11 as the 16th Emir of Kano by Governor Abba Yusuf was ruptured on Saturday morning after the deposed Emir, Aminu Ado Bayero, returned to the ancient city amid show of support by his associates and subjects, prompting the government to order the police to arrest him “for creating tension in the state.”
To douse the building tension, security chiefs have held separate meetings with Governor Yusuf and Emir Lamido Sanusi Lamido at the Emir’s palace and Emir Aminu Ado Bayero at another location, where he relocated since his arrival in Kano Saturday morning.
Both meetings were held following the royal tussle which engulfed the state since Thursday when the governor signed into law the bill passed by the House of Assembly to repeal Kano Emirates Council law which immediate past Governor Abdullahi Ganduje used to dethrone Sanusi.
Earlier, the governor's spokesman, Sanusi Bature Dawakin Tofa, accused the former Emir of arriving in Kano City on Saturday "in an attempt to forcefully return to the palace two days after being deposed by the Governor."
He confirmed that the new Emir, Sanusi Lamido Sanusi, had entered his palace in the company of Governor Yusuf, his Deputy, Comrade Aminu Abdulsalam Gwarzo, and the Speaker of the State House of Assembly, Jibrin Falgore, and other top government functionaries at about 1 a.m. on Saturday.
"As the Chief Security Officer of the state, His Excellency, the Executive Governor of Kano State, Alhaji Abba Kabir Yusuf, has directed the Commissioner of Police to arrest the deposed Emir with immediate effect for disturbing public peace and attempting to destroy the relative peace the state enjoys", the statement said.
Other sources said Bayero arrived in Kano early on Saturday through the Mallam Aminu Kano International Airport.
His waiting supporters immediately swarmed him, and started chanting a verse from Surah Al-Fatihah in the Holy Qur’an.
The former Emir reportedly contemplated returning to his palace but shelved the idea, as the reinstalled Lamido Sanusi had already entered the royal house much earlier.
Thus, Bayero retreated to Gidan Sarkin Nasarawa, the next most important house in the Kano Emirate.
In his response to the developments, Deputy Governor of Kano State, Comrade Aminu Abdulsalam Gwarzo, accused the immediate past Governor of the state, Dr Abdullahi Umar
Ganduje, of using the office of the National Security Adviser (NSA) to create chaos in the state by "smuggling" the deposed Emir of Kano, Aminu Ado Bayero, into the state.
Gwarzo made the allegation on Saturday while addressing newsmen at the Emir’s palace, Kano.
He alleged that Ganduje, with the support of the office of the National Security Adviser (NSA), brought in the dethroned Emir in a chartered flight on Saturday.
“It is unfortunate that the APC National Chairman, Abdullahi Ganduje, is using the National Security Adviser to create tension in the state, by smuggling the former Emir, Aminu Ado Bayero, into the state.
“The appointment and dethronement of Emir or any traditional title holder is the sole prerogative of the State Government”, the deputy governor said.
He wondered why the Federal Government would be interfering in whatever happened in that direction.
“I am here together with the governor and other top government functionaries to ensure that the new emir, Muhammadu Sanusi II, starts exercising his power and authority immediately after he was given his appointment letter yesterday (Friday)”, Gwarzo said.
He appealed to residents of the state to go about their lawful and normal businesses without fear or intimidation.
Sensing trouble, the police moved to take charge of the situation as a combined team of security operatives headed by the Nigeria Police Command in Kano State, sued for peaceful coexistence in the ensuing security situation in the state, particularly the developments surrounding the Chieftaincy Affairs of the State.
The Commissioner of Police in the state, Usaini Mohammed Gumel, addressing a joint security press briefing on Saturday, at the Police Command Headquarters, Bompai, Kano, said .
"The Police Command is expressly obeying the Court Order with SUIT No. FHC/KN/CS/182/2024 Dated 23rd May, 2024 issued by the Federal High Court sitting in Kano alongside all Law Enforcement agents in the State.
"Therefore, we are calling on members of the public to know that the Police in the State is working together with the military and other security agencies and are with full capacity for providing the adequate security to everyone as we are committed to carrying out our statutory duties as provided by the Constitution of the Federal Republic of Nigeria.”
SHOTS OF THE WEEK
Photo Editor: Peace Udugba [08033050729]
We however wonder about the importance of the Bill to the current socioeconomic and infrastructural challenges facing the country and how the recitation of the old National Anthem would provide solutions to the problems facing the average Nigerian and put food on the tables of the poor and vulnerable Nigerians
National Anthem Bill as Misplaced Priority
The speed at which the Bill to change Nigeria’s National Anthem was given an accelerated hearing and passed by the House Representatives, last Thursday, thus enabling it to scale the first, second and third readings at the same sitting, is really interesting.
Dismissing all opposition to the Bill, which apparently came "from the top," the House of Representatives gave an accelerated hearing to what it considered an ''allimportant'' Bill and passed it without minding whose ox is gored.
Interestingly, the Bill to revert to the country's old National Anthem, titled, titled: “Act to Provide for the National Anthem of Nigeria, and for Matters Related','' was sponsored by the House Leader, Julius Ihonvbere (APC, Edo), a top ranking member of the green chamber.
Leading the general debate on the general principles of the Bill, Ihonvbere noted that the current anthem lacks the rigour of the old.
“I have taken time to look at the old anthem and the new and as a Nigerian who has been involved
in the struggle to make Nigeria a better place either as a student to the student union movement, including the “Ali must go” movement or as a university teacher; having been secretary, vice chairman and chairman of ASUU or as a pro-democracy activist who spent 12 and a half years in selfexile, I believe that the old anthem, encompasses, contains, exudes the kind of energy, resourcefulness and a sense of vision that I believe is good for Nigeria,” he said However, the opposition to the Bill which came from lawmakers across party lines and called to question the necessity for such a Bill at this point in time . However, their submissions were frantically ignored as it appeared that the ''powers that be'' had made it clear that the Bill must be passed at all cost.
We however wonder about the importance of the Bill to the current socio-economic and infrastructural challenges facing the country and how the recitation of the old National Anthem would provide solutions to the problems facing the average Nigerian and put food on the tables of the poor and vulnerable Nigerians.
Also, we are very sure that majority of the lawmakers who pushed the
Bill through to satisfy "the unseen hand from above" cannot even recite successfully neither the old National Anthem they were pushing for nor the new one.
It is very sad and unfortunate that in the face of obvious challenges and other problems of national importance, the lawmakers are busy pushing a selfish agenda to satisfy the whims and caprices of their political godfathers while other Bills that could have boosted investments and create jobs for the unemployed are left unattended to for years.
This attitude and action are highly condemnable and it shows the calibre of most of our lawmakers, especially in the current National Assembly. Without doubt, they have proven to Nigerians so far that their selfish interest, and not the interest of those who elected them into office, really matters.
Sadly, most of our political leaders, especially lawmakers at the federal level, see themselves as semi-gods who are not really accountable to their constituents as they start pursuing their selfish agenda immediately they are voted and sworn into office only returning to their constituents once their tenure appears to be ending.
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OPINION
Absurdity of Offshore Sourcing of Crude Feedstock
ere is the highlight of the agency report that has been causing Nigerians to wonder if the country is actually still existing or just a mere nameplate geographical expression of a failed state: Nigerian refiner (Dangote Refinery) seeks 2 million barrels per month of American West Texas Intermediate (WTI) crude oil grade (very similar to the Nigerian premium grade- the Bonny
In a tender that closed May 21, Dangote sought to lock in 2 million barrels per month of WTI Midland crude oil from July 2024, in a proposed 12-month offtake agreement amounting to 24 million barrels. Competitive pricing and security of supply seem to have driven purchasing decisions of the
When we did not have any of the nation’s existing refineries functioning to churn out products for domestic consumption, Nigeria was importing Premium Motor Spirit (PMS), popularly called petrol, kerosene and Automotive Gas Oil (AGO), popularly called diesel. The Federal Government told us it would stop the importation of petroleum products once our
Now that the almighty 650,000 barrels per day Dangote Refinery is coming onstream, we have almost stopped importing some refined petroleum products and instead have now started importing crude
How do you explain that the Lagos-based Dangote Refinery in which the state-owned oil concern, the Nigerian National Petroleum Company Limited (NNPCL), holds a 20 percent equity stake is very early
How does this support the nation’s domestic production and the ailing Nigerian crude marketing?
If Dangote Refinery saw the West Texas Intermediate (WTI) Midland as being a competitively valued
barrel, against the FOB Nigerian, how did the NNPCL see its own crude grade to have allowed for the offshore sourcing of the American crude to replace the Nigerian premium basket?
As widely expected, the NNPC, a 20 percent equity holder in the project, was expected to supply the bulk of Dangote’s crude feedstock demands, selling to the refinery either in Naira or USD due to its location in the Lekki free zone. So, what went wrong with that arrangement?
If Dangote Refinery can go to the US to import the crude feedstock for its processes because of cost and availability issues, so what happens to Port Harcourt, Kaduna, Warri, and BUA refineries when they finally come on stream (that’s if the state-owned plants would ever resurrect from the dead)?
That means the NNPC will again come to tell us “the plants cannot get enough crude oil locally for the production of petroleum products after they are fully ready,” abi?
Already, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, had issued an early warning that “the refineries and modular refineries in the country might not get enough crude oil locally without an increase in production in the sector.” Hope Nigerians understand what this means.
The only explanation thus far given by foreign analysts is that the “supply of Nigerian crude is insufficient or unavailable and sometimes unreliable. West Texas Intermediate (WTI), on the other hand, is available, with reliable supply and competitively priced.
“Buying different feedstocks also provides flexibility and optionality for the refinery, so the tender makes economic sense for Dangote.”
Is it not surprising that Dangote Refinery is seeking the term WTI at this stage of its operation? The plant, currently running at about half capacity, is taking advantage of cheaper US oil imports for as much as a third of its feedstock. Since the start of this year, it has received at least one supertanker carrying about 2 million barrels of WTI Midland each month.
As reported, the fear expressed by Dangote was that while NNPC may be able to fulfil the refinery’s crude requirements at this ramp-up stage, it could struggle to exclusively fulfil demand from the plant at full utilisation, and this may leave the refiner exposed to supply disruptions.
According to Agency reports, the refinery took delivery of 11 WTI cargoes, or 9 million barrels, between February and May, contrasting with around 18 million barrels of Nigerian crude deliveries.
online at www. thewillnews.com
Rebirth For Arts, Culture, Creative Economy
Beyond a seeming cosmetic spruce-up, the new Federal Ministry of Arts, Culture and Creative Economy, FMACCE, actually benefits from a fundamental vision tweak and structural reconceptualisation, from which the impactful achievements it has recorded within a year flow.
A baby of the “Renewed Hope Agenda'' and rigorous visioning by President Bola Ahmed Tinubu's new Nigeria that works, FMACCE, under the circumspect guidance of the youthful minister, Barr. Hannatu Musa Musawa, has chalked up some key achievements as of Q1 in 2024, less than a year since she gracefully set sail at the instance of the President.
“As a nation, we are trying to diversify from oil, and the creative economy is a strong alternative to the new oil because the future of the country depends on the creative sector.
“Nigerian creatives all over the world are doing great things and that is why our ministry is set to be a beacon of creativity, innovation, and inclusivity,” the sure-footed lawyer, Musawa, recently told her audience in a keynote address at the opening of the 2024 management retreat for the ministry workers and its agencies in Abuja.
Cutting to the heart of her mandate, she further stated, “We play a critical role in shaping the creative and cultural landscape of our nation while promoting and preserving Nigeria’s rich cultural heritage.
“Since the establishment of the Ministry by President Bola Tinubu, we have witnessed remarkable achievements and milestones, thanks to the dedication and passion of our predecessors and key stakeholders within the sector.
“From the establishment of cultural institutions to the implementation of landmark Policies, Projects and Programmes, our Ministry has been and will continue to be at the forefront of driving positive change and transformation.”
FMACCE is committed to aligning itself with the presidential priorities enunciated by President Tinubu for Ministers and top government functionaries back in November 2023. These include reforming the economy to deliver sustained inclusive growth, strengthening national security for peace and prosperity, and boosting agriculture to achieve food security, among others.
Musawa nailed it when she insisted that “the Art, Culture, and the Creative Economy sectors have a crucial role to play in achieving these priorities and are critical drivers of economic growth and job creation. By ensuring the development and continued investment in these sectors, we can harness their potential to stimulate innovation, promote entrepreneurship and attract investments, thereby contributing to the diversification and resilience of our economy.”
With notable clarity and emphasis, she reaffirmed her Ministry’s commitment to working together to ensure that the efforts that birthed FMACCE are consolidated and institutionalised. Significantly, Musawa, who boldly proclaimed that the creative economy is Nigeria’s "new oil", has kept her pledge, mirrored in the impressive, critical grounds FMACCE has covered on her watch, despite the bracing challenges.
As the administration of President Tinubu marks its first anniversary in office, it will be pertinent to track its governance progress. It is a good opportunity to beam the searchlight on the achievements of FMACCE.
Under Musawa’s stern watch, the FMACCE, as of the first quarter [Q1] of 2024, recorded a total of
1,005 individuals trained in professional development programmes in the creative sub-sectors through NICO, National Theatre, NFC, NFI, NGA, MOWAA. It has also recorded a total of 103 trainees trained in cultural and creative academies established in partnership with higher institutions. These remarkable positives come under capacity building/training of individuals across the creative sector.
The Ministry has also embarked on PPP for infrastructure renovation/construction. The ongoing renovation of the National Theatre through PPP with the CBN and the Bankers Committee.
IT IS INDISPUTABLE THAT THE CREATIVE ECONOMY IS A FOUNTAIN OF OPPORTUNITIES, A WELLSPRING OF ECONOMIC GROWTH AND A CATALYST FOR SOCIETAL TRANSFORMATION
On the crucial partnerships and collaboration front, it has commenced mapping of potential domestic and international partnerships and collaborations across all sub-sectors. It has signed MOUs for partnership with the Recording Academy (Grammy’s); and the International Council on Monuments and Sites (ICOMOS) in collaboration with NCMM, ABU Zaria, and AUN Yola.
On critical job Creation, the Ministry has
recorded a total of 257,754 new jobs created. In terms of its contribution to the nation’s GDP, it has scaled up its GDP contribution share by 0.37 percent from 1.3 percent to a current GDP share of 1.67 percent.
Within the period of assessment which is under a year, FMACCE has increased the number of Nigerian Cultural Heritage on the UNESCO Representative List by two. These include the Sango Festival Oyo and Midwifery.
On the Soft Power front, FMACCE has spearheaded the increase in Nigeria’s cultural influence which expanded from 2.5 percent to 46 percent and also recorded an increase in Nigeria’s cultural influence which also expanded from 2.5 per cent to 46 per cent. It further recorded an increase in Nigeria’s Brand Perception Index from 1.5 per cent to 18 per cent.
In terms of stakeholder engagement, it conducted 18 stakeholder engagement events with the public through Industry stakeholder workshops, CEBAAC and NGA.
Against the foregoing, it is indeed indisputable that the creative economy is a fountain of opportunities, a wellspring of economic growth, and a catalyst for societal transformation. It is also a testament to the ingenuity of Nigerians, the richness of her cultural heritage and the boundless imagination that defines it as a nation. The FMACCE boss has nimbly demonstrated this and promises even more. It was then not surprising that looking ahead, the Minister, FMACCE, has solemnly pledged that her ministry will facilitate the creation of two million jobs for the employment of qualified Nigerians.
Niger Set For Massive Oil Export as Investors Dump Nigeria
While major international oil companies like TotalEnergy dump Nigeria for other parts of Africa, Niger has commenced shipment of oil. This development puts the landlocked African country into the league of oil-exporting African nations barely a year after a military coup.
S&P Global Commodities at Sea, a high frequency market intelligence service that provides visibility into commodity supply, reported that the Front Cascade, a Suezmax tanker with a capacity of 1 million barrels, was positioned just outside the Seme terminal.
Shipping data showed the 156,000dwt Front Cascade (built in 2017) left the Benin port of Seme on Sunday.
The imminent loading marks the startup of the 110,000 barrels per day (bpd) crude pipeline, which will pave the for a massive increase in Niger’s oil production and make it a significant exporter.
Niger, an arid and landlocked nation, currently generates only 20,000 barrels of crude oil per day from its Agadem Rift Basin. This oil is mainly used within the country because there is no export route available. However, Niger is prepared to quickly increase production to utilise the new pipeline.
EDITOR Sam DialaNaira Depreciation to Worsen Under CBN, EFCC’s Combat Postures
BY SAM DIALAThe Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) have stepped up their fight against the perceived ‘enemies’ of the naira who are seemingly responsible for the continued depreciation of the domestic currency. Since he assumed duties on September 9, 2023, Dr Olayemi Cardoso, the CBN governor, and his team at the apex bank have been firing from all cylinders to have the stable (not really strong) naira by fiat.
Source: DMO, FMDQ
currency.
Since the year, the anti-graft agency has been combing business centres and premises of the Bureau De Change (BDC) operators to clamp down on suspected speculators and those involved in ‘kill the naira’ game.
Sources indicated that the pipeline will initially operate at 90,000 barrels per day and will gradually increase to its full capacity.
The government of the West African nation of Benin agreed to temporarily
Continues on page 15
Among the flurry of policy measures was a directive to the banks to sell off excess dollar reserves in their system through a new Net Open Position (NOP) limit arrangement and a ban on the use of foreign currency denominated collaterals for naira loans.
The CBN equally announced the removal of the ±2.5 percent cap spread it had previously placed on interbank foreign exchange transactions. During the period, the regulator further directed the banks “to borrow and lend in the same currency (natural hedging) to avoid currency mismatch associated with foreign risk.” The CBN also banned the usd of foreign currencies as collateral for naira loans.
In the process, the apex bank found the cryptocurrency platform blameworthy for the worsening depreciation of the naira. It subsequently directed all banks to close the accounts of persons engaging in cryptocurrency trading. The government thereafter went beyond that.
In February, 2024, two of Binance’s top executives – Nadeem Anjarwalla, regional manager for Africa; and Tigran Gambaryan head of financial crime compliance, who arrived the country on a business trip were detained by Nigerian authorities for weeks as part of the wider clampdown on cryptocurrency trading. One of them is being prosecuted while his colleague escaped from custody.
While the CBN tackles from the muddling aggressive policy angle, the EFCC moves to the field as the policeman of the naira. Its operatives are ransacking business centres and combing every corner in major cities to arrest speculators and those causing the naira to fluctuate between the ranking points of the “best performing and the worst performing” global
Recently, operatives of the EFCC expanded its clampdown on BDC operators, arresting traders in Abuja, Lagos, Kano and Port Harcourt. This came as the naira weakened further against the United States dollar at both the official and parallel foreign exchange markets about Mid-May.
The BDC operators who have always been the major victim suffered a new onslaught recently. In its latest radical outing, the CBN revoked the operating licences of 4,173 BDC operators which it later accused of engaging in unethical practices.
Earlier, the CBN had resumed sale of forex to the BDCs with strict directive on how to sell to their customers thereby violating its “willing buyer willing seller” policy.This time, the BDCs are to recapitalise with N2 billion and N500 million depending on the category (national or state). They are also to re-apply for operating licences (N2 million and N250,000) under a very stringent condition that will lead to the extinction of a huge portion of the sector.
The approved guidelines also state that for operations of BDCs, all transactions by residents must only commence, “after electronic retrieval of the potential customer’s BVN or Tax Identification Number (TIN) from the NIBSS or FIRS databases, respectively, and the details confirmed to match with the potential customer’s standard identification document.”
Another highlight of the approved guidelines with regard to operations of BDCs is that: “All transactions by non-residents shall only commence after obtaining a copy of the potential customer’s passport identification document and validation with the relevant Nigerian agency.”
For foreign currency cash purchases, the guidelines state that: “Sellers of
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BUSINESS WEEKLY
...Under
CBN, EFCC’s
Combat Postures
Economic experts and financial analysts advised the government to boost the infrastructure space and create the conducive environment for productive economic activities
USD10,000 and above shall be required to declare the source of the foreign exchange (and) for all customer-present transactions, all the naira proceeds shall be electronically credited or transferred to the same customer’s naira account or prepaid card.”
While the CBN is commended for its efforts to address infractions in the forex market, given our environment, economic and financial experts believe that it is not unlikely that these policy actions will lead to abuse, corruption and unilateral seizure of people’s genuine assets thereby worsening the naira depreciation as forex becomes scarcer. By now, it would have been clear to the monetary policy authorities that forex is earned. You produce, export to earn forex. When it is not there, no amount of policing would provide the liquidity. The fiscal policy side is still mired in waste, corruption and accumulation of debts.
In April, the CBN gave kudos to itself for what it called the positive outcome of its “bold” monetary policy measures and aggressive actions to wedge the weakening stance of the naira. This was based on the rebounding of the naira in mid-April when it exchanged N1,100/$1 in the official window. Curiously, the ‘strengthening’ of the naira coincided with the dwindling of Nigeria's external reserves. Findings showed that as of April 17, 2024, Nigeria’s foreign exchange reserves had lost a total of $2.33 billion in 31 days, dropping from $34.45 billion on March 18, 2024 to $32.12 billion on April 17. The April 17 figure was the lowest the reserves had witnessed in seven years since September 20, 2017, when it stood at $32.08 billion. It was evident that this fall had started in mid-March. Before that, the reserves had grown by $1.28 billion between February 5 and March 18, 2024. But from March 18, the foreign reserves had begun to dip: Between March 18 and March 19, the reserves dropped from $34.45 billion to $34.39 billion.
The next day, it fell to $34.32 billion. Two days later, it further dropped to $34.26 billion. The drop was so consistent that in 18 days, the foreign exchange reserves had lost $1.02 billion. Within a month, that figure had almost been doubled to $2.33 billion.
The CBN Governor, denied the allegation that the foreign reserves were being depleted by “currency subsidy”. He said that the decrease in the nation’s reserves was caused by debt repayments and other standard financial obligations. But some economic and financial experts thought otherwise.
The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Mr. Aminu Gwadabe has stated that the increase in capital requirements for BDCs from N35 million to N2 billion for Tier-1 BDCs is against international best practices. He also criticised the negative label given to BDCs as financiers of terrorism and the illicit flow of money. He explained that the weakening of the naira is caused by the unearned income pursuing the naira and not due to demand for the dollar noting that BDCs were not responsible for the depreciation of the naira but corruption.
Economic experts and financial analysts advised the government to boost the infrastructure space and create the conducive environment for productive economic activities. They argue that Nigerians must move away from the myopic excessive focus on exchange rates and focus squarely on growth. Growth, driven by investment in infrastructure.
The founder of Stanbic IBTC Group and ANAP Foundation, Atedo Peterside, said trying to make naira appreciate in a hurry won’t work He observed that the urgency with which the President Bola Tinubu-led administration wants the naira to appreciate against the dollar and other foreign currencies is not the best approach to return the currency to a stronger position. He advised the government to build the reserves over time and the naira will naturally find its level.
In its recent advisory, the International Monetary Fund (IMF) noted that the cheer about the continuous rise in the value of the naira after the strong performances of the past few weeks “could be a pipe dream if Nigeria does not take on a fundamental approach to rejuvenating its economy,” warning that “the country’s economy could be at risk if it simply fails to produce.”
...Oil Export as Investors Dump Niger
lift its blockade of Niger’s oil exports from its Port of Cotonou. While it represents a major advancement for the landlocked country’s ambitions, it is also seen as a win for China as it looks to develop its interests in Africa.
China reportedly helped mediate the weeklong export impasse, with senior CNPC (China National Petroleum Corporation) executives alongside Chinese Foreign and Energy Ministries’ officials visiting Benin recently
The Chinese-funded 1,240-mile oil pipeline is set to transform Niger into a major oil exporter in West Africa. Niger has been producing a paltry 20,000 barrels per day from its oil-rich Agadem Rift Basin, most of which was used domestically due to lack of an appropriate export infrastructure. However, the state-owned CNPC offered a $400 million loan, which among other things saw the revamp of the pipeline to its current capacity of 110,000 b/d. The pipeline connects Agadem Basin to storage tanks and loading platforms at Benin’s Seme terminal.
This development is coming on the heels of international oil companies dumping Nigeria for other parts of the continent such as Angola, Equatorial Guinea and Democratic Republic of Congo.
Patrick Pouyanne, the chief executive officer of TotalEnergies, has said that the company is investing $6 billion in energy projects in Angola over Nigeria, citing inconsistency in policymaking in Nigeria as the primary reason for this decision.
During the Africa CEO panel in Kigali, Rwanda, Pouyanne said that despite the Niger Delta’s status as West Africa’s most productive region, the volatile policy landscape has rendered investments unsustainable, adding that the company has not conducted oil exploration in the region for 12 years.
During the Africa CEO panel in Kigali, Rwanda, Pouyanne said that despite the Niger Delta’s status as West Africa’s most productive region, the volatile policy landscape has rendered investments unsustainable, adding that the company has not conducted oil exploration in the region for 12 years.
He added: “Nigeria loves to open topics without closing them. You love to debate. There is always a new legislature in Nigeria about a new petroleum law. When you have such permanent debates, it’s difficult for investors looking for long-term structure to know what direction to go.
“In reality, the Niger Delta is the most prolific part of West Africa. But if you look at what happened, because of these debates, there has not been a single exploration in Nigeria for 12 years. It’s important to have a debate and then settle it and put a framework on the table that investors can trust.”
An oil and gas expert, Engr Bala Zaka said, “The international oil companies are running away from Nigeria because of business climate hostility. I will give you practical examples. When the government says they are looking for foreign investors you can know it is a lie.
“There is this company called Elf Petroleum, now Total Energy. They did not drill up to five wells in Nigeria for the whole of 2023. They have now signed a contract in East Africa to drill 450 wells in five years, meaning they will drill 90 wells every year. This is more than they ever drilled in Nigeria.
“Shell Development Company has sold off their landed assets in Nigeria. You remember, Shell built Port Harcourt. They have sold all those facilities in Port Harcourt and they are leaving. Shell is an institutional company that started oil and gas business in Nigeria They have sold their landed assets and their staff have been disengaged. And someone will say it is a good omen for Nigeria? ”
UBA 2023 Earnings Highest in Banking Industry – Elumelu
The Chairman, Board of Directors, United Bank for Africa (UBA) Plc, Mr Tony Elumelu has said that the over N2.08 trillion revenue and N607.69 billion profit after tax reported by the group in the 2023 financial year, was the highest in the banking industry.
The N2.08 trillion gross earnings represented a 413 percent jump.
Elumelu stated this while presenting the financial highlights during the 62nd Annual General Meeting (AGM) of the group in Abuja on Friday, May 24. .
Profit Before Tax surged 277.2 percent to N757.68 billion, asserting its leading position within the financial sector. .
Elumelu noted that the bank sustained deposit mobilization efforts, growing total deposits by 93 percent to N17.36 trillion from N8.99 trillion which was reported in 2022.
The bank also maintained a well-structured and diversified balance sheet, with total assets
and shareholders’ funds reaching N20.65 trillion and N2.03trillion respectively.
The impressive financial outcomes were propelled by a significant increase in net interest income, due to a combination of a strong expansion in the loan portfolio, higher net interest margins and a substantial contribution from foreign exchange operations. Also, FX operations benefited from increased business activity and improved profit margins.
Additionally, the bank’s loan book expanded by 61 percent to N5.55trillion, from N3.44trillion, consequently, Non-performing Loan (NPL) ratio ratio reached 5.85 percent.
“Behind each of these figures, is the everyday work of our dedicated staff, providing tangible solutions to real-world needs, delivering value to consumers, businesses and governments,” Elumelu stated.
UBA supports consumers across Africa and globally, seeking secure and convenient payment methods, businesses requiring
modern payment acceptance solutions, and issuers and acquirers in need of innovative offerings for their customers.
The bank equally facilitates governments in promptly distributing payments to individuals during crucial times of need.
Oliver Alawuba, Group Managing Director/ CEO of the bank who equally spoke at the meeting, stressed that cost discipline was sustained, however, operating costs up 69 percent and in line with guidance.
“This outcome is indicative of steady businessas-usual expenses, the impact of inflationary trends, and deliberate increments related to planned strategic investments and the establishment of new business ventures.
“Notwithstanding the adverse macroeconomic conditions, the fundamental strength of underlying asset quality persists, as reflected in a Non-performing Loan (NPL) ratio of 5.85 percent,” the CEO added.
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UENTERTAINMENT &SOCIETY WEEKLY
Nigeria Can Have 10 Female Governors – Fateema Ogunkoya
Ahead of May 29, another opportunity for Nigerians to count the gains of democracy, politician, entrepreneur and philanthropist, Fateema Aduke Mohammed Ogunkoya, also known as FAMO, speaks with IVORY UKONU about her thoughts on the Nigeria of her dreams and why women should get more involved in politics. Excerpts:
Whatis your opinion on governance in Nigeria today?
Governance is beyond being good, it is beyond being dictatorial. Governance in today's democracy is about sitting down, rubbing minds, coming to agreement and making effective, electoral promises.
What kind of leadership do you advocate for Nigeria? A government of inclusiveness, not dictatorial, like I said, and not self-centred.
You have been in politics for a long time now. Would you say your childhood prepared you for a life of politics? No, not really. My father is a military officer, while my mother is a businesswoman from Delta State. I grew up in the barracks. My mother was very strict with her style of upbringing, ensuring I was prim and proper. My mother was quite stern and I took after her with the way I handle my children. I think it is better to be difficult in order to straighten your children, especially if you have a partner that is very soft.
As a politician have there been times you felt that being a man would have made things much easier for you?
In Yoruba they call me ‘Obinrin bi Okunrin’, meaning a woman that is like a man. I am not limited by my gender. I am not someone you can easily trample on. I am a woman who knows what she is about, what she represents and what she has inside of her. They say female politicians sleep around. I am not of that school of thought. Why would I sleep with you for gratification of what you actually need from me? The Bible says that “a man’s gifts and callings maketh a way for him.” So, the moment you know what your gift and strong point are, then it will make a way for you. A Johnson-Sirleaf had a dream like me and got into politics like me. She eventually became president of her country. So what stops me as a woman from being president if I want to? It’s not about being over ambitious, but knowing my capabilities, knowing that I can make a difference and knowing that I am a change agent.
Although more women are now getting into politics, the ratio to men is still a far cry. What advice would you give to women who are interested in politics but are put off by how it is played?
The only advice I have for them is to stop, not liking how it is being done. Stop complaining about it or the players. Come on board and show them how it is done. I really don’t know what the fear is all about. Every profession has its risks, but you can’t say because there are air crashes, there should be no more pilots or because people die in hospitals, there should be no more doctors. I suffered a setback in 2015. I was shot during a campaign rally. I nearly lost my life, but it didn’t deter me from continuing with politics. I know there are cultural and religious inhibitions and that is why the first thing I started doing was to create awareness to change the mentality of women. I look forward to a time when we will have 10 female governors. It is doable.
Money plays a huge role in politics and most women do not have the kind of money male politicians play around with I agree that money is an integral part of politics. But you don’t have
to have large chunks of money stashed somewhere. You can have goodwill. During one of those electoral cycles where I was on the ticket for a House of Representative seat to represent the Ifako/Ijaye Federal Constituency, I didn’t have so much money. I barely had N2 million in my account, but by the time the election ended, I didn’t spend more than N100. It all came from goodwill. So, as a woman, be bold and assertive. Let them see that you know your onions and you will find men who will willingly support you. However, do not let anyone help out and end up dictating the pace for you. I was told by several people who promised me the ticket on the condition that they will dictate how I do my job. I simply told them to hold on to their ticket. Many of the political leaders were very uncomfortable with me, they said I was too full of myself because I wasn’t making the rounds, paying obeisance to them. They told me face to face that they will see how I will win the elections. These ‘dealers’ as I like to call them don’t leave their homes on the day of election after collecting so much money. I didn’t mind them; I concentrated on the electorate because they were the ones who voted for me anyway. They were surprised I even won the primaries.
As long as you know what you are doing as a woman, you don’t really need anyone to tell you what to do. I am not against ‘godfatherism’, but I won’t have a godfather that will sit on my neck. If you believe in me and want to support me, fine. But do not tell me how to run what I am doing because my allegiance first and foremost is to the electorate and on how to give them a better lease of life, not how to siphon funds back to a godfather.
What drives you?
The craving for success. I don’t give up easily, even if I am the only man standing
What is it about your experience that has shaped you to be who you are today?
I went through hell of being misrepresented. People would just look at me and jump to conclusions. They assume I sleep around because of what I do. It used to bother me, but today I am hardly bothered about anything that is said about me because most of them are untrue anyway I know who I am.
What does it take to stand out in a male dominated area of life?
Know your God as that is what will make you stand strong in the time of trials and tribulations. Once you know that the God that is inside you is bigger than everything, then nothing will confront you and make you sacred.
How do you balance your role as a mother, wife and politician?
I began politics when my children were quite young. It was rough at the initial stage trying to juggle my role as a mother and as a politician. But today it is a lot easier as they are all grown-up.
ENTERTAINMENT &SOCIETY WEEKLY
AYENI ADEKUNLE'S BLACK HOUSE MEDIA AMONG AFRICA'S FASTEST GROWING COMPANIES
Ayeni Adekunle's BlackHouse Media, an independent communications consultancy in Nigeria, has been listed among Africa’s fastest-growing companies by the Financial Times for the second consecutive year. The FT ranking of Africa’s Fastest Growing Companies 2024 was compiled in collaboration with global data and business intelligence platform, Statista. The list ranks independent African companies by their organic, internally stimulated compound annual growth rate, in revenue for the period under review. In 2023, BHM debuted on the list and is featured this year at number 89, showcasing the company’s stability and consistency as one of Africa’s growth champions. The reputable paper says BHM has distinguished itself, displaying fast growth, made even more impressive, having achieved it during the years of the COVID-19 pandemic. Originally founded in Lagos in 2006, Ayeni, a former journalist, has over the years, solidified BHM's position as a leading communications and public relations consultancy in Africa. The company currently has a staff strength of about 100 professionals operating in Nigeria, Ghana, Kenya, Tanzania, and across Africa, as well as in England, Scotland and the United States. Its client roster includes quite a number of multinationals. Beyond its core business of marketing communications, public relations and reputation management, BHM actively invests in the African PR landscape. The company advocates for World PR Day, an initiative that has gained recognition and acceptance in over 60 countries and is celebrated every year on July 16th. BHM’s commitment to the continent also extends to research and thought leadership projects, including a report on the cost-of-living crisis impacting the African diaspora in the UK, as well as the Africa PR and Communications Industry report.
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Bolaji Balogun Appointed Chairman of Unilever’s Board
Director and Chairman of the company’s Board. Balogun who is married to Kemi, the daughter of a veteran journalist, poet, playwright and author, Frank Aig-Imoukhuede is the Founder and Chief Executive Officer of Chapel Hill, Denham. He has over thirty-five years of experience in investment banking and mobile telecommunications. Chapel Hill Denham, which he founded in April 2005, is Nigeria’s leading investment bank. He spent 11 years in the investment arm of First City Group, his father's business. He served as Executive
the Governing Council of Federal University of Technology Babura, Jigawa State. This is coming just two months after she was appointed as Chairman of Abia State Civil Service Commission by the state governor, Dr Alex Otti. Eno holds an MBA in Entrepreneurial Management from the Entrepreneurship Institute Australia, a Master’s degree in International Human Resource Management from the University of Greenwich, London and she is currently concluding a PhD in Human Resources Management.
With extensive years in management, Dr Eze consults for multinational companies, megachurches, and several non-profit organisations. She is the Lead Consultant, M.D, and CEO of Jeno Management Solutions, a Human Resource Company. A transformational catalyst, a
quintessential speaker and a dynamic preacher, Eno currently sits as the Resident Pastor of Streams of Joy Umuahia, an expression of their burgeoning ministry, Streams of Joy International. She actively supports women to pursue their God-ordained destinies through mentoring, coaching, and leadership at The Women on Fire Network, an organisation dedicated to empowering and raising pastor’s wives, women in ministry, and women on fire for God since the inception of the Women of Fire network in 2020.
She has organised several Pastors’ Wives and Women in Ministry Conferences all over Nigeria and continues to serve thousands of members all over the world as far as the United Kingdom, United States, United Arab Emirates, South Africa, and Canada.
Director and Chief Operating Officer at CSL Stockbrokers, part of First City Group and was Executive Director at First City Monument Bank Capital Markets. He left FCMB Capital Market to become a co-founder of Econet Wireless Nigeria. Balogun is also the Chairman of Lafarge Africa Plc and has been since May 23, 2015. He served as a Non-Executive Director of Nigerian Aviation Handling Company Plc, NAHCO. He is a graduate of London School of Economics and University of London where he obtained a B.Sc. Degree (Hons) in Economics in 1989.
Gaius Chibueze to Transform 'Voice of The East' to TV Station
Fawehinmi
TEMITOPE
FAWEHINMI BAGS CHIEFTAINCY TITLE
There was a significant milestone in the rich history of Egba Land recently when Oba Adedotun Aremu Gbadebo III, the Alake of Egbaland inaugurated High Chief Temitope Fawehinmi as the Gbajeniyi of Egba land, thus making her the first Gbajeniyi of Egbaland. Hailing from the esteemed Fawehinmi family lineage, renowned for their noble heritage and national prominence, Chief Fawehinmi embodies the values of integrity, diligence, and a fervent commitment to serving humanity. She emerges as a trailblazer in the pursuit of economic development and poverty alleviation, her vision poised to reshape the landscape of Egbaland and beyond. Following her chieftaincy installation, she pledged to uphold the enduring legacy of her community serving as a beacon of inspiration for generations to come, and a testament to the spirit and ingenuity of the descendants of Oduduwa. This auspicious occasion was graced by esteemed dignitaries from Nigeria and across the globe, symbolizing the significance of this historic moment in Egba Land's journey towards prosperity and progress. Fawehinmi is a director at Great Waves Global Energy Limited.
Voice of the East Media Limited, a media outfit which started out as a social media online platform has been granted a direct satellite broadcasting (DSB) television licence by the National Broadcasting Commission (NBC) to enable it operate a terrestrial television channel, a digital media broadcasting network, and other services. The NBC approval marks a new chapter in its mission to inform, educate, and influence people and society. It will begin operations in December and will be available on DSTV.
Founded by Gaius Chibueze, otherwise known as Bitcoin Chief, about eight years ago to promote Igbo excellence and defend the interests of Ndi Igbo from its humble
social media space, Gaius decided it was time to expand and applied for a TV license. Gaius who started out selling shoes on the streets of Abuja is also the founder of KEDU, a multifaceted socio-cultural platform, accessible mobile app, designed to foster economic collaboration, promote social cohesion, and provide essential support services to the Igbo community. It’s where Ndigbo connects for business, relationships, and more, making it a fun and engaging app for everyone. Through innovative technologies and community-driven initiatives, KEDU empowers individuals and businesses, driving inclusive growth and prosperity.
ChibuezeSAMUEL ADEDOYIN DONATES MULTIMILLION NAIRA ICT BUILDING TO LASU
Ahead of his conferment with an honorary degree by the Lagos State University, LASU at its 27th Convocation Ceremony next month, wealthy industrialist, Prince Samuel Adedoyin has donated a multimillion-naira Information Communications Technology building to the higher institution.
ENTERTAINMENT &SOCIETY WEEKLY
Taiwo Afolabi Appointed Chancellor Gerar University of Medical Sciences
TThe 88-year-old christened the building donation ‘Townto -Gown’, depicting how he weathered the storm from a humble and illiterate background to attain the height which now endears him to many. While explaining the motivation behind the donation, he disclosed that his aim was to give back in appreciation of what God has done in his life. He recalled that there was a time in his life when he told God that all he wanted from him
was a Volkswagen and a bungalow house. But God did many more for him and made him who he is today. To appreciate the hand of God upon his life, he decided to give to the university on which land he made all his achievements. Today, Adedoyin ranks among the most successful businessmen in the history of Nigeria. He is the founder and Chief Executive Officer of Doyin Group Investment Limited, contributing heavily to the growth of Nigeria’s economy for over 60 years. He is also one of the highly recognized philanthropists in the country.
Dethroned Emirs of Kano, Bichi Give Out Children in Marriage
Recently dethroned Emir of Kano, Aminu Ado Bayero and Bichi Emir, Nasiru Ado Bayero who are siblings, both sons of Ado Bayero, a former Emir of Kano and the longest serving Emir in the history of Kano, have given out their children to be joined in holy matrimony. Sanusi, the son of Aminu Ado Bayero tied the nuptial knot with his cousin, Rumana, daughter of Nasiru Ado Bayero. The ceremony was officiated by the Chief Imam of Kano, Professor Sani Zahradeen. Kano State deputy governor, Aminu Abdussalam Gwarzo, who stood for the groom, sought the hand of Rumana from her ‘wali,’ Dan Iyan Kano, Ahmad Ado Bayero, and paid N250,000 as dowry. The wedding
Fatiha had in attendance dignitaries from far and wide. The groom graduated from MTI University, Cairo, Egypt, with a BSc in Business Management in 2020 and is currently working with the Nigerian Financial Intelligence Unit (NFIU), while the bride is a graduate of
Building Surveying from Portsmouth University, United Kingdom. At the time the wedding held, Aminu Ade Bayero was still the Emir of Kano and so the ceremonies took place in his palace, and it was widely referred to as the royal wedding. Recall that only a few days ago, the Kano State governor, Abba Kabir Yusuf reinstated Sanusi Lamido Sanusi four years after he was dethroned as the Emir of Kano. The governor then sacked the Emirs of the new emirates (Karaye, Bichi, Rano and Gaya in addition to that of Kano) created by the immediate past governor, Abdullahi Ganduje and asked them to vacate their palaces and 0fficial residences.
he Gerar University of Medical Sciences (GUMED), ImopeIjebu, Ogun-State, during the week, inaugurated Dr Taiwo Afolabi, CON, as the University Chancellor and Professor ‘Niran Adetoro as the ViceChancellor. Founded by Dr Isaac Adegoke, he established the University to add his quota to the educational emancipation of Nigerians and to give back to humanity, helping young ones to achieve their dreams.
GUMED is a specialized institution established to run Medical and Allied Health Science programmes with the vision to become a Centre of excellence in Medical Scholarship in response to intellectual
and developmental needs of the society. The university is located on a parcel of land measuring 100.343 hectares in Imope-Ijebu, Ijebu-North Local Government Area of Ogun State. The instituion was licensed on June 9, 2023 by the Federal Government of Nigeria through the National Universities Commissions (NUC). Afolabi as the Chancellor is the chairman of SIFAX Group who has over the years transformed the conglomerate to a leader in port management, shipping, bonded terminal operation, aviation, oil and gas, haulage and logistics, financial services and hospitality.
Meet Azeez Marshal, KWAM1's 47-Year-Old First Child
It is common knowledge that Fuji maestro, Wasiu Ayinde Marshal, a.k.a KWAM1, has several children. While some have argued that the 67-year-old has up to 30 children, others are of the opinion that he has a little below that number. But findings reveal that the Olori Omo Oba Akile Ijebu has 42 children, most of whom are graduates. At least that is one thing he doesn't ever joke with - education. But what is surprising is the fact that most of his children are not known to the public. His first fruit is a 47-year-old man called Azeez who he sired when he was 20, a time when many individuals were still diligently
preparing for their West Africa Examination Council, WAEC. It was also a time when he began to have a taste of success in his music career as Nigeria provided a favorable environment that allowed talented individuals to flourish and make the most of their God-given talents. Azeez's mother, Yinka, who is now late, bore him and his brother, Sukura who is now 46 for the singer. Azeez runs his father's businesses, and he is reportedly being groomed to take over when his father becomes old and fragile. But judging by how active KWAM1 is, still gracing party stages with a packed schedule, it is unlikely
he will retire soon. Azeez is a Chartered Accountant and an Internal Control expert. However, there has been whispers that his father's staff prefer K1's managerial acumen to that of his son, Azeez. If there is one thing you cannot take away from KWAM1, it is the fact that through sheer hard work and divine favor, he has accomplished a great deal in his career. Additionally, he has raised successful children who are excelling in their respective fields. It is estimated that nearly 100 people are on his payroll. Indeed, he has been blessed with remarkable fortune.
AYO BALOGUN BAGS CHIEFTAINCY TITLE
Queen of Juju music, Ayo Balogun penultimate weekend was installed as the Yeye Amuludun of Igbobi-Sabe by His Royal Highness, King Owolabi Adeniyi. The installation party took place at the Grace Garden, Events Centre, Lekki, Lagos. The 67-year-old was honoured with the prestigious recognition because of her remarkable achievements and her contributions to the music industry and her community. Her choice musician to serenade her guests was Tolu Obey, a Juju musician and son of veteran juju singer, Evangelist Ebenezer Obey. A Diploma holder from the London Royal School of Music, Queen Ayo started out as a gospel singer in CCC Ayo Ni O parish, her church choir before going into Juju music in the mid-90s and setting up her band, Harmonic Voices made up of 30 men and she as the only
Balogun The Ado Bayeros365 Days: Trials of Brother Caleb
BY UKANDI ODEYMany situations have their forebears and forays.
Once Barrister Caleb Manasseh Mutfwang was confirmed and declared by the INEC as winner of the March 18, 2023 governorship election in Plateau State, he transformed immediately to ‘Governorelect’, with the implication that there was a change of status and the process of transfer of power had begun.
While the transition period subsisted, the Governor-elect was entitled to some privileges, ranging from a chauffeurdriven official vehicle to accommodation and others as the state government took him in as number-one-citizen-designate and commander of the state army.
The outgoing governor then, Simon Bako Lalong, was expectedly and appreciably not a happy man at that. He managed to put up with the tradition of extending transitional paraphernalia of office to the Governorelect, but with sufficient embellishment of malice and malfeasance, to wit.
In particular, the ash-coloured SUV vehicle that was deployed to dignify, and be used by the Governor-elect and incoming Governor was anything that only edged over the town crier’s jalopy. With a dishevelled body revealing contours, cluttered joints, topsy-turvy and sundry muddled details, even the wind screen was looking higgledy-piggledy, just as the car’s stationary balance suggested remarkably that it was recovered from accident rumple or assembled by some ambitious but unsupervised auto engineers in an unaccredited evening school in downtown India.
But as it turned out, this was what communications students call feed forward – advance information – from Simon Lalong to the then Governor-elect, Caleb Manasseh Mutfwang. What is not part of the story is whether the Governor-elect used it or not during that transitional period. But it is important to observe that the condition of that vehicle was symbolic foretaste, and a cursory precursor to the troubled inheritance and wreath of storms that will confront the incoming Governor beginning May 29, 2023.
One of the first committees inaugurated by Governor Mutfwang was that of assets verification and recovery. The transition period witnessed a thieving bazaar orchestrated by political office holders who were bitter with the outcome of the election and agonising on their way out of power, and some opportunistic civil servants who felt no moral damnation to score from the thieving politician’s assist. From Government House and other offices, vehicles, television sets, decoders, Home theatres, and items pedestrian but as basic as cutlery and door blinds, were carted away.
The bigger trouble certainly had a bigger picture: in the build up to the handover of power, the transition implementation committee set up by the incoming regime was technically frustrated by its counterpart, that is, the transition committee of the departing administration. The former thwarted all arrangements to hold joint meetings, compare notes, and ask and answer questions. Thus, the incoming administration could confirm certain things about the assets and liabilities of the government. For instance, the State’s debt profile was understated; and the emoluments of the State civil servants, who were on strike weeks before the inauguration of the new administration, were well over what incoming administration contemplated.
As the new administration was groaning under a debt burden of over two hundred billion naira and negotiating with the striking workers to return to work, the Governor’s own local government area of origin, Mangu, in central Plateau, came under insurgents’ fire and brigandage, to the effect that security, law, and order temporarily collapsed. The crisis that ensued was of such gravity that those sympathetic to the new
The bigger trouble certainly had a bigger picture: in the build up to the handover of power, the transition implementation committee set up by the incoming regime was technically frustrated by its counterpart, that is, the transition committee of the departing administration
tribunal judgement in favour of Mutwang.
Nigerian Players Illuminate Europe in Season of Title Victories
he 2023/2024 season across Europe's major football leagues has drawn to a close and Nigerian players have emerged as shining stars, celebrating a string of remarkable title triumphs. From the historic feats of Bayer Leverkusen's “Invincibles” to the league title wins in England,
Lookman rewrote Atalanta's history books by firing them to their firstever Europa League triumph
players have displayed their talents and determination on the grandest stages, inspiring fans and aspiring talents alike as they lifted trophies at their different clubs.
At the forefront of this triumphant campaign stood Victor Boniface and Nathan Tella, the trailblazers of Bayer Leverkusen's unbeaten glory in the Bundesliga. Boniface, the 23-year-old striker, announced his arrival with a sensational debut season in Germany, netting an impressive 14 goals and providing 9 assists in just 23 league appearances. His clinical finishing and intelligent movement saw him claim the coveted Bundesliga Rookie of the Season award, a testament to his immense potential.
Alongside Boniface was the versatile Nathan Tella, an invaluable asset for manager Xabi Alonso. Deployed across various midfield and attacking positions, Tella displayed his adaptability and creative flair, contributing five goals and four assists over 24 league outings. His ability to unlock defences and provide an unpredictable threat played a crucial role in Leverkusen's attacking dominance throughout their historic campaign.
Together, Boniface and Tella formed a potent attacking force, combining youthful exuberance with clinical efficiency to propel Leverkusen to their firstever Bundesliga title. Their performances not only cemented their status as rising stars but also highlighted the depth of Nigerian talent emerging on the European stage.
Their compatriot Ademola Lookman rewrote Atalanta's history books by firing them to their first-ever Europa League triumph. The 25-yearold forward's hat-trick in the final against Bayer Leverkusen proved to be the difference, as he single handedly dismantled the German side's hopes of a treble.
Lookman's clinical finishing and blistering pace tormented Leverkusen's defence, earning him a rare 10/10 rating from the notoriously tough French publication L'Equipe.
Ndidi, despite missing 14 games due to injuries, showcased his versatility and attacking prowess, scoring six goals and providing six assists across all competitions. His transition into a more advanced midfield role unlocked a new dimension to his game, allowing him to impact proceedings at both ends of the pitch. Iheanacho, while not a regular starter, proved his worth as an impact substitute, chipping in with five goals and six assists in 26 appearances across all competitions. His experience and ability to influence games from the bench played a crucial role in Leicester's title charge, highlighting the squad's depth and quality.
In Serbia, Peter Olayinka emerged as a talisman for Red Star Belgrade, leading the club to their 10th league title.
*Continues online at www. thewillnews.com
ogannah@thewillnews.com
Our Politicians Are Nigeria’s Problem, Not National Anthem
Nigerians were stunned on Thursday by the news that our lawmakers had rushed to pass a bill reverting the nation's anthem to an older version. This hasty move is rendered even more bewildering when one considers the myriad of pressing issues that directly impact millions of citizens – issues that could have been given priority on the legislative agenda, unlike the symbolic matter of anthem lyrics.
I really wanted to title this piece, "National Anthem Not Our Problem, Our Leaders Are." However, I cannot justifiably refer to our politicians as leaders, for true leadership requires vision, integrity, selflessness and a commitment to serving the people's interests. Leaders uplift and inspire. Leaders provide direction during turbulent times. Leaders put the needs of the masses first. True leadership demands foresight, selflessness, courage and an unwavering commitment to uplifting the masses. Leaders must have moral authority and integrity to unite and inspire a people. Leaders take the wheel and chart the course forward during crises, rather than fiddle with superficial symbols while the nation groans in pain and anguish. Sadly, these crucial leadership traits are sorely lacking among most of our ‘elected’ officials.
The very fact that our federal lawmakers focused on changing the national anthem, rather than the many crises devastating our nation, proves their lack of leadership. One had expected members of the National Assembly to focus their efforts on the severe lack of basic amenities for millions of Nigerians - lack of food, shelter, healthcare, and basic infrastructure. It is a national disgrace that in the year 2024, many of our people still do not have reliable access to clean water, electricity, good roads, quality education, and modern healthcare facilities. Yet rather than declare a state of emergency to rapidly address our broken system, our federal lawmakers are obsessed over altering the anthem that most of them cannot even recite correctly. Our transportation infrastructure lies in ruins across the nation - roads are pockmarked with craters, highways are death traps, our railways have atrophied though currently being resuscitated. Travelling for work, trade or even medical emergencies has become a nightmare obstacle course. School buildings are decrepit, lacking basic facilities and learning aids. Our hospitals too have become dilapidated, with obsolete equipment and lacking even basic amenities like running water and reliable power supply. Nigerian women giving birth are at risk due to these infrastructural lapses.
grows ever more hostile. Nigeria has incredibly slid from being Africa's largest economy to the fourth, with South Africa, Egypt and Algeria coming first, second and third, respectively.
Rampant insecurity has made life a constant struggle against fear for the average Nigerian. Terrorist groups and bandits continue to wreak havoc, kidnapping citizens for ransom, razing villages, blocking farmers from their fields and
leadership traits from those who have held high office in recent decades. Instead, we have seen a disturbing trend of selfishness, small-mindedness and lack of patriotic vision across our political class. Rather than availing themselves as eternal servants of the people's welfare, our politicians appear to view public office as an opportunity for self-enrichment and vain pursuits.
herders from grazing lands. This has precipitated severe food shortages and famine looms. Common criminals also operate with impunity, making travel treacherous and businesses unsafe.
The current national anthem saga betrays a fundamental lack of seriousness. It exposes our ‘elected’ officials' alarming indifference towards the plight of ordinary citizens. The priority of these overpaid public officers should be ensuring good governance, efficient utilisation of human and natural resources, and enabling an environment where businesses can thrive and citizens can live dignified lives in peace and safety. Not chasing clout through symbolic tokenism that does nothing to improve the gruelling daily reality for millions.
What our political elite clearly need is a reorientation - a drastic revision of their mindsets, priorities and overall direction. They must develop the selflessness, vision and commitment to service that defines true leadership. Each elected officer must have an awakening, comprehensively internalising their sacred duty as eternal servants of the people's interests and national progress, not self-aggrandisement. This is the urgent imperative.
Once such a reorientation occurs, with our politicians embracing the ideals of statesmanship and transformative leadership, no mountain will be too high for Nigeria to overcome. We will rapidly rise to secure our justly deserved position as true African giants on the global stage. Under visionary stewardship, our unrivalled human and natural resources will be efficiently harnessed to uplift the masses, modernising our infrastructure, turbocharging economic growth, and maximizing our technological and industrial capabilities. Security will be prioritised and swiftly restored for all citizens to live in peace. These are the duties for which Nigerians go out to vote on election day. Not to chase empty symbols like changing an anthem, while neglecting the harsh existential struggles of the very people they swore to serve. What our politicians urgently require is not a new national lyric, but a rebirth of the leadership ideals and spirit of service that guided our founding patriots.
Meanwhile, despite being tremendously blessed with human and natural resources that should make us a global economic powerhouse, Nigeria's economy remains in perpetual crisis. Our educational standards have deteriorated abysmally, forcing a brain drain as our top talents flee overseas for opportunities. Businesses and industries are shuttering at an alarming rate as the economic climate
Yet in the face of this all-encompassing socio-economic conflagration, which demands innovative solutions and inspirational leadership to extinguish, what occupied the minds of our federal legislators? Changing the anthem? This betrays an astounding detachment from the suffering of the ordinary Nigerian. It lays bare their tragic lack of vision and unwillingness to prioritise the most pressing needs. For truly these politicians are not leaders. Nigerians have witnessed very little, if any, vital
Once that vital reorientation is achieved, once that spirit of transformative statesmanship takes hold within the corridors of power, then no matter what words our green-white-green banner flies under, Nigeria will stand proud. We will arise, taking our rightful place as African renaissance leaders. The catalyst lies not in the words we recite, but in the mindsets and priorities of those we entrust to elevate our collective destiny as a nation. That is the crucial imperative before us all.
Yet rather than declare a state of emergency to rapidly address our broken system, our federal lawmakers are obsessed over altering the anthem that most of them cannot even recite correctly