Digital IS NOW WHOLLY
Ezinne Chinkata, founder of Zinkata, a fashion retail store in Lagos, has been known to say that fashion found her when asked about her shift from a science-based background to fashion. It happened while she was at a crossroads, exploring various opportunities open to her as a career option after her first degree and her Master’s degree. Amid all the dialogue, styling kept coming up as an option, so she took the bold step to interview for an Editorial Stylist’s role with a magazine, and as they say, the rest is history. You might ask what has influenced her career. Chinkata cites her mom as her influence. According to her, her late mom, who owned a made-to-measure fashion business when Chinkata was young, was very creative, and she (Ezinne Chinkata) saw fashion as a means of self-expression through her mom.
Read Ezinne Chinkata’s story on pages 8 to 10.
Pantone announced the colour for 2025 to be mocha mousse. If you are wondering how to wear this warm shade of brown, look no further; our fashion pages show you how. Scroll to pages 4 and 5.
Over the years, the beauty landscape has developed dramatically. Makeup has changed from full glam to fresh-faced looks. In the new year, some outdated beauty trends are making a comeback. We highlight these trends on our beauty page. See page 12.
As the new year approaches, many have drawn a list of resolutions; remember that these resolutions are more achievable if we create specific goals.
Happy New Year!
Until next week, enjoy your read.
SUNDAY, DECEMBER 29, 2024
THEWILL NEWSPAPER • www.thewillnews.com
SUNDAY, DECEMBER 29, 2024
Nigerians Who Will Shape 2025
*Continued from previous page
Besides his commitment to youth financial empowerment across Africa under the Tony Elemelu Foundation, TEF, Elemelu who chairs Transcorp Power, has repositioned the company as Nigeria’s leading power generation company. Expectedly, the Minister of Power, Adebayo Adelabu, who has since launched an ambitious plan for increased power supply in the country can hope to rely on Transcorp Power, located in Ughelli Delta State for support in 2025. In the same vein, TEF, Entrepreneurship Programme, which has distributed over $4,100 in direct funds to 20,000 youths, who, in turn, have created over 400,000 direct and indirect jobs, will continue to benefit from his philanthropic gesture in 2025.
Ayo Amusan is the CEO of Persianas Retail Limited (PRL), a leading retail company and the official partner of the PUMA and Lacoste brands in Nigeria. She has also on-boarded international brands like Hugo Boss, Hackett, Armani, and Paul Smith, among others, making these international brands accessible to Nigerian consumers, while also promoting local brands and ensuring global-standard shopping experiences in Nigeria’s emerging premium retail sector. The company has a significant representation of women following in her footsteps in leadership roles, brand building, community building, partnerships, integrations and consolidation for 2025.
As Chairman of Geregu Power, billionaire Otedola will play a significant role in Nigeria’s quest to maintain and expand power generation in 2025. Another area likely to benefit from his philanthropic gesture in the coming year is education, given his recent donation of a whopping N3.7 billion to Augustine University in Ilara, Epe, Lagos State and his multiple donations to humanitarian endeavours.
Victor Osimhen is set to be a defining figure in Nigerian sports for 2025, following his intriguing loan move from Napoli to Galatasaray. This transfer, which came after a public fallout leading to his exclusion from Napoli’s Serie A squad, includes a strategic clause that could facilitate a move in January if certain top-tier clubs come calling. His performances in the Turkish Super Lig have been equally exceptional, establishing him as a key player for Galatasaray and reigniting interest from major European clubs. Osimhen’s ability to adapt and excel in a new league environment is testament to his versatility and scoring abilities, making him a prime candidate for a significant transfer, whether mid-season or in the summer of 2025. Osimhen’s narrative in 2025 will be one to watch, as he could very well dictate transfer market trends and inspire a new generation of Nigerian footballers aiming for success in Europe’s top leagues.
Since assuming the reins of power in Abia State on the platform of Labour Party, Governor Alex Otti ofhas made a huge difference in governance from the preceding Peoples Democratic Party, PDP, though transparent budgeting process, planned technologically driven civil service and enhancement of Abia’s business environment in the past 14 months for full private -sector participation through provision of power, road infrastructure, security, among other basic needs. With these innovations and a new international airport set for commissioning in 2026, Abia state is poised to reclaim its lost glory as hub of business in the southeast in 2025.
Award winning actress, filmmaker, producer and director, Funke Akindele is not called the box office queen for nothing. She is one of the highest-grossing movie directors and the second to gross over a billion naira at the Nigeria box office, heading into 2025 with a big bang. Prior to her directorial debut in 2019 and the production of hit movies which have grossed millions at the box office- ‘Battle on Buka Street’ which grossed N668,423,056, ‘Omo Ghetto: The Saga’ which grossed N636,129,120, co-directed with Tobi Makinde, her most recent movie, ‘Everybody Loves Jenifa’ has equally achieved a feat no other Nigerian movie has ever achieved. The movie is now the first Nollywood film to reach $100,000 in diaspora sales and the numbers are still counting. Back home, the movie has surpassed over N500,000,000 in sales and still counting, just less than three weeks after its release. Akindele’s strategy on how movies should be marketed would redefine the industry in 2025 in many inspiring and captivating ways.
Oiwoh is MD/CEO, Nigeria Interbank Settlement System, NIBSS, the firm silently driving the nation’s financial inclusion and cashless initiative to an exceptionally high level. Premier’s NIBSS processes over 80 percent of electronic financial transactions done in the country. This silent revolution has made payment systems seamless with services expected to continue to improve in 2025. NIBSS is classified as a critical national asset by the Office of the National Security Adviser (ONSA).
Tobi Amusan is poised to make a significant impact in the world of sports in 2025, particularly after her unexpected early exit at the 2024 Paris Olympics. This setback, where she failed to reach the final in the women’s 100m hurdles, has only fuelled her determination to reclaim her status as a top-tier athlete. Now training under the renowned coach Glen Mills, who has a storied history of guiding sprinters like Usain Bolt and Yohan Blake to world dominance, Amusan’s ambition is set on redemption. She aims to leverage her world record form from past achievements to prove that her performance in Paris was merely a blip in an otherwise stellar track record, thus potentially reshaping the narrative around Nigerian athletes on the global stage. With the 2025 season on the horizon, Amusan is not just looking to recover but to excel, setting her sights on reclaiming her world title. Her story is one of resilience and ambition, making her a central figure in the narrative of Nigerian sports in 2025.
Children at the 2024 Christmas Carnival in Lagos on December 25, 2024.
Nigeria, China Extend Currency Swap Deal
BY FELIX IFIJEH
Nigeria and China have renewed their bilateral currency swap agreement, extending the $2.09 billion (15 billion yuan or N3.28 trillion) arrangement for another three years.
In a statement published on Friday, the People’s Bank of China announced that the agreement, initially signed in 2018, was renewed with the Central Bank of Nigeria. The renewal comes with provisions for further extensions based on mutual consent.
“The agreement is valid for three years and can be renewed upon mutual consent,” the statement read.
The PBOC noted that the renewal would bolster financial cooperation between Nigeria and China, encourage the use of their respective currencies, and promote bilateral trade and investment.
First introduced in June 2018, the currency swap was designed to alleviate liquidity challenges for businesses in both nations by enabling direct currency exchanges between the Chinese yuan and the Nigerian naira.
This eliminates the need to rely on the US dollar as an intermediary, thereby reducing transaction costs.
The agreement permits the exchange of up to 15 billion yuan for 720 billion naira, valued at $2.5 billion when the swap was initially signed at an exchange rate of N305 to $1. Under this framework, the central banks of both countries conduct bi-weekly auctions to inject liquidity into their financial systems.
The arrangement facilitates seamless transactions for Chinese businesses operating in Nigeria and Nigerian firms trading in China. It also supports bilateral investments, enhances market efficiency, and reduces dependency on foreign exchange intermediaries.
By providing liquidity in local currencies, the swap deal aims to streamline trade processes, minimize exchange rate risks, and foster stronger economic ties. It is expected to ease the operations of Nigerian businesses exporting to China while supporting Chinese companies importing goods to Nigeria.
‘Sokoto Professionals to Enhance Entrepreneurial Skills Among Youths’
The Sokoto Professionals Network (SPN) has reaffirmed its commitment to fostering entrepreneurship and leadership development among indigenous youths in Sokoto State.
The Chairman of SPN, Engineer Zayyanu Tambari Yabo, disclosed this during the network’s 2nd Annual General Meeting, held in Sokoto on Friday.
Yabo described the network as a coalition of professionals from Sokoto State, working across various sectors including science, technology, humanities, arts, and other public and private domains.
He highlighted the organization’s objectives, which include promoting sustainable professionalism, supporting advocacy and capacity development, and implementing initiatives to enhance the skills and scholarship opportunities for Sokoto youths to drive statewide development.
Reflecting on the network’s achievements over the past two years, Yabo noted significant milestones, including the training of 50 youths in solar installation and maintenance.
He said many of the beneficiaries are now gainfully employed or running their own businesses.
The Minister of State for Works, Barrister Bello Muhammad Goronyo, commended the network for its impactful initiatives.
He emphasized that this year’s theme, *“A Year of Consolidation and Progress,”* aligns with President Bola Tinubu’s *Renewed Hope* agenda, which advocates for strategic partnerships and collaborations as catalysts for economic growth.
“The efforts of SPN are commendable, and I applaud the leadership for organizing such a significant gathering to consolidate its achievements and chart new paths for progress,” Goronyo said.
The Special Adviser to Governor Ahmed Aliyu on Economic Matters, Dr. Bashir Achida, reiterated the state government’s readiness to collaborate with SPN. He emphasized that the network’s aspirations align with the 9-Point Agenda of the state government, aimed at driving economic and social development.
The event brought together dignitaries, professionals, and stakeholders committed to advancing the growth and development of Sokoto State through strategic interventions and capacitybuilding initiatives.
Why My Administration Prioritised Road Infrastructure – Gov. Diri
Bayelsa State Governor, Senator Douye Diri, has reaffirmed his administration’s commitment to road infrastructure development, emphasising its importance in connecting the state’s riverine local government headquarters and addressing long-standing challenges of accessibility.
Diri disclosed this on Thursday when he received the Friends of Senator Douye Diri at his country home in Sampou, Kolokuma/Opokuma Local Government Area.
He explained that the decision to prioritize roads and bridges stemmed from personal experiences and the need to alleviate the difficulties faced by rural communities.
“I knew how we suffered during the burial of my mother at Ayamasa. We had to go through Bomadi in Delta State—it was almost a day’s journey. But today, it takes only about an hour from the state capital to Ayamasa in Ekeremor Local Government Area,” he said.
Diri added that the ongoing construction of critical road projects, such as the road to Oporoma, headquarters of Southern Ijaw Local Government Area, would be completed before the end of his administration.
“Nembe is accessible, and so is Ekeremor, but areas like Brass and Ukubie remain without road links. By the time we connect these areas, we would have solved half of our developmental problems,” he stated.
On power infrastructure, Diri revealed that the state had signed an agreement to acquire a 60-megawatt gas turbine to ensure stable electricity supply across the state.
The independent power plant, he noted, would significantly boost the economy and improve the living standards of Bayelsans.
The governor also urged members of FSDD and the larger populace to support his administration’s initiatives on agriculture and small and medium-scale enterprises (SMEs), stressing the importance of selfreliance.
“It is impossible to give everyone political appointments, but we can redirect our mindset toward small businesses and other productive ventures,” Diri said, appealing to Bayelsans to prioritize peace and development over blackmail and propaganda.
Elder Braeyi Ekiye, the spokesman for FSDD, commended the governor for his focused leadership, which he said had fostered peace and sustainable development in the state.
OPINION
Beyond Dele Farotimi’s Travails
PROMISE ADIELE
he travails of activist Dele Farotimi in the hands of inscrutable but entrenched principalities in Nigeria have all the potential to inflict mental and psychological injury on a normal
Yet, unconscionable minions, sycophants and praise singers want Nigerians to turn a blind eye to these anti-democratic realities and tell a huge lie – Nigeria is a wonderful country. Thus, we must crucify Kemi Badenoch (sounds like ‘bad – enough’) and Davido for highlighting conditions in the country that have blighted our reputation, conferring bemoaning emotions on the citizens.
Watching Dele Farotimi go through his recent ordeal pulls at the strings of the heart in a country that pretends to flourish in democracy and the rule of law. A man is kidnapped, whisked away to another state, detained and subjected to dehumanising conditions under the cover of the law. And I ask – what exactly is Dele Farotimi’s offence? OK, for the benefit of argument, let us agree he defamed Afe Babalola.
But I understand defamation is not a criminal offence in Ekiti State or Lagos State. So why was he detained for almost two weeks? Under what law was he held? He has said he wrote the truth in his book.
Ultimately, the principalities and powers holding Dele Farotimi (certainly not Nigerian law) decided to release him on bail. His bail conditions are not only ridiculous but also a telling caricature of our judicial protocol. So, Farotimi should not speak to the press or grant any
Why? We would not complain much if these conditions were one-off occurrences beyond the repulsive memories they evoke. Still, knowing that these issues have far-reaching implications for the future because they would gradually become aspects of our judicial culture, we must announce and condemn them at the rooftop to expose systemic chicanery.
Why was Farotimi asked not to speak to the press? To stifle his voice and stop him from illuminating the obscure? What is it about Farotimi that galls the heartbeat of Nigeria’s putrid chamber populated by corruption incarnates? Was Farotimi granted any legal representation in court? The worst obscenity in the Farotimi saga was when the magistrate at the Ekiti court declared that he forgot his bail ruling at home.
Nigeria is indeed a joke. Men have completely lost every iota of shame and integrity. Official procedures and practices do not inspire hope or enthusiasm in the populace, not at the police station, hospital, public offices, law courts or within political circles.
I flinched in disgust at the sight of heavily armed police officers and prison warders who milled around Farotimi when he appeared in court. One would think Boko Haram terrorists were around and these armed men needed to do their jobs.
But alas, they wielded sophisticated ammunition for a harmless Farotimi who apparently had not had a decent meal for almost two weeks. These are security personnel who would scamper and disappear at the sight of a Boko Haram insurgent. One would think there was war in Nigeria the way these idle men brandished guns as if they were up in arms against armed robbers and kidnappers. It was all in the premeditated plan to weaken, intimidate, and violent Farotimi. Such pictures and videos would only advertise our country in a negative perspective before the international community.
It was primitive, downright barbaric, and a poor testimony of Nigeria’s judicial system. In trying to protect Nigeria’s judicial system, the powers and principalities have exposed its disreputable potential. Davido and Badenoch must not see these things because they like to tell the truth and we hate the truth in this part of the world.
Beyond Farotimi’s case, what is the hope of ordinary citizens in a country where the bourgeois easily harvest the downtrodden to masturbate their debased ego? What precedent is being set in Nigeria with the Farotimi case – or is it an opportunity to demonstrate to those of us on the left side of the spectrum that the tables have turned for good in Nigeria? The men of means and power in Nigeria should realize that those who speak truth to power do not fear arrest, detention, and death.
People like Farotimi have the mental and emotional capacity to withstand the rod of the wicked whether through arrest, solitary confinement or torture. The spirit of patriotism in such people galvanizes other progressive forces and the demagogues are afraid of them. Dele Farotimi’s case
Embracing Tax Reform: Call to Action for Nigeria’s Youth
BY DARE OJEPE
t this significant crossroads, the future prosperity of Nigeria heavily relies on visionary reforms and active civic participation. One such critical reform, currently being pursued by President Bola Tinubu, involves the restructuring of our nation’s tax system—a move that promises to lay the foundation for sustainable economic growth and enhanced socio-economic
Let us begin with the essence of the reform. These changes are not just about numbers and policies; they represent a transformative vision for our country; one where resources are judiciously managed, and opportunities are equitably distributed among all Nigerians, especially
The proposed tax reform is designed to foster an economic environment where businesses can thrive and innovation is encouraged. By broadening the tax base and ensuring efficiency in collection, the government aims to create a more stable economic foundation. This stability is crucial for attracting domestic and international investments, which, in turn, translate to increased job opportunities, particularly for young Nigerians entering the workforce.
The link between tax reform and effective public service delivery can not be overstated. With better compliance and fairer distribution, tax revenues can significantly boost funding for essential services such as education, healthcare, and infrastructure. Imagine schools with state-of-the-art facilities, hospitals with modern equipment, and roads that connect our nation seamlessly, all attainable with the right fiscal policies and when government can mobilise enough revenue to
As it currently stands, Nigerian government is unable to mobilise tax revenue to fund our development compared to our peers in Africa like South Africa, Kenya, Algeria, Egypt, Angola and
One of the exciting aspects of these reforms is the focus on creating a supportive environment for youth entrepreneurship. The reforms include some tax exemptions for businesses with annual turnover of less than fifty million naira, which significantly benefits budding entrepreneurs. This measure encourages startups and small enterprises, enabling young Nigerians to transform
their innovative ideas into flourishing businesses without the immediate pressure of financial burdens.
Furthermore, the reform proposes some tax exemptions for employees whose annual income is less than ten million naira. This initiative directly impacts young professionals entering the workforce, allowing them to save more and invest in their future, thereby enhancing their economic stability.
Ensuring Transparency and Accountability
AT THE HEART OF ANY EFFECTIVE REFORM IS TRANSPARENCY. THE PROPOSED CHANGES INCLUDE MEASURES TO ENHANCE ACCOUNTABILITY IN TAX ADMINISTRATION, ENSURING THAT EVERY NAIRA COLLECTED IS DIRECTED TOWARDS MEANINGFUL DEVELOPMENT PROJECTS. THIS APPROACH AIMS TO BUILD PUBLIC TRUST AND FOSTER A CIVIC CULTURE WHERE CONTRIBUTING TO NATIONAL GROWTH IS SEEN AS A COLLECTIVE RESPONSIBILITY
At the heart of any effective reform is transparency. The proposed changes include measures to enhance accountability in tax administration, ensuring that every naira collected is directed towards meaningful development projects. This approach aims to build public trust and foster a civic culture where contributing to national growth is seen as a collective responsibility.
A Call to Action
To the vibrant youth of our nation, your role in this transformation is indispensable. We urge you to engage in this dialogue, to understand the nuances of these policy shifts, and to advocate for transparent and equitable reforms.
Your voices, your ideas, and your actions are essential in driving this change and securing a
MAN DG Irked by Closure of Coca-Cola, Guinness Factories in Lagos
The Director-General of Manufacturers Association of Nigeria (MAN), Segun AjayiKadir, has frowned against the closure of two major factories, Coca-Cola and Guinness by the Lagos state government
On December 24, the Lagos State Water Regulatory Commission (LASWARCO) sealed the factories for extracting groundwater for commercial purposes without proper authorisation.
The commission said it had been engaging with the three companies for over seven years, but they had either partially complied or failed to comply with regulations, prompting enforcement action.
In an open letter on Friday to Babajide Sanwo-Olu, governor of Lagos state, Ajayi-Kadir described the act as illtimed, given the ongoing discussions between the commission and the association.
“The Manufacturers Association of Nigeria (MAN) is constrained to convey this open message to the Governor of Lagos State, as all attempts at approaching the relevant heads of agencies and ministry has failed,” the DG said.
EDITOR Sam Diala
Your $1bn Investment a Drop in the Ocean - Dangote Tells NNPC / PAGE 15
Recapitalisation: Access Holdings Performance Reshapes Banking Landscape in 2025
BY SAM DIALA
The outstanding performance of Access Holdings, parent company of Access Bank Plc, by securing the full regulatory approvals of the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) of its recently closed Right Issue of 17,772,612,811 Ordinary Shares of 50 Kobo each at N19.75 Kobo per share (‘the Rights Issue’) will reconfigure Nigeria:s Banking landscape in 2025.
The foremost financial services holding has raised the target amount of N351,009,103,017.25, putting it ahead of its peers.
This development has positioned the Company’s flagship subsidiary, Access Bank Plc as the first bank to meet the Central Bank of Nigeria’s N500 billion minimum capital requirements for Banks with International Authorisation well ahead of the March 2026 regulatory deadline.
According to available data, under commercial banks with international authorization of N500 billion, in meeting with the new capital base, Access Bank, Fidelity Bank, FCMB, First Bank, Guaranty Trust Bank, Union Bank, United Bank for Africa and Zenith will be raising capital of N248.19 billion, N370.30 billion, N374.71 billion, N248.66 billion, N361.81 billion, N351.91 billion, N384.19 billion, and N229.25 billion respectively.
Also, CitiBank Nigeria Limited, Polaris Bank, Stanbic IBTC Bank, Standard Chartered Bank Limited, Sterling Bank, Titan Trust Bank, Unity Bank, and Wema Bank will be adding a new capital of N185.56 billion, N149.57 billion, N90.74 billion, N154.58 billion, N142.85 billion, N90.74 billion, N154.58 billion, N142.85 billion, N170.80 billion, N183.67 billion, and N184.87 billion respectively
With the success, the Bank’s share capital would increase to N600 billion - N100 billion above the regulatory minimum requirement.
THEWILL recalls that on March 28, 2024, the CBN issued a directive to financially reshape the domestic money banks (DMBs), which spiked a theatre of competition among the operators.
In a direct memo, the CBN revised the capitalization requirements, setting new benchmarks for banks with international operations at N500 billion, national licences, N200 billion, and regional licences, N50 billion.
This directive, a crucial step towards a stronger banking sector, initiates a time-sensitive two-year journey that will start on April 1, 2024, and end on March 31, 2026.
Going by the data available, commercial banks in the country would require a combined N3.894 trillion to meet the new baseline capital requirements.
Committed to innovation leadership, stakeholders note that the Company is the first CBN licensed and regulated Financial Holding Company to successfully execute a fully digital Rights Issue embracing the power of technology to improve access to equity capital market.
By leveraging the NGX’s E-offer platform, the Company
“MAN is appalled by the inauspicious act of the Lagos State Water Regulatory Commission (LASWARCO) in sealing factories over their purported refusal to pay the astronomical and unjustifiable water abstraction fees imposed by the Commission.
“This action is ill-timed and quite unfortunate, as the Commission and MAN had engaged in meaningful dialogue and reached some agreements over the lingering issue about three months ago. This was
Continues on page 15
This will necessitate capital raising efforts to the combined tune of N3.894 trillion to meet the new baseline capital requirements. The capital raising would be from both domestic and international markets which the banks have already keyed into.
GOING BY THE DATA AVAILABLE, COMMERCIAL BANKS IN THE COUNTRY WOULD REQUIRE A COMBINED N3.894 TRILLION TO MEET THE NEW BASELINE CAPITAL REQUIREMENTS
This will necessitate capital raising efforts to the combined tune of N3.894 trillion to meet the new baseline capital requirements. The capital raising would be from both domestic and international markets which the banks have already keyed into.
provided its shareholders with a seamless, efficient, and convenient subscriber experience significantly reducing barriers and democratising participation in the Rights Issue.
According to Benny Emmanuel-Bosah, a financial analyst, the spectacular performance of Access Holdings will reshape the banking landscape in the coming days, boosting competition and drive towards financial inclusion.
South Korean Team Installs Advanced Rice Mills in Bayelsa BUSINESS WEEKLY
In a significant boost to Bayelsa
State’s agricultural sector, a technical team from South Korea has completed the installation of state-of-the-art rice processing mills at the School-to-Land Farm in Yenagoa, the state capital.
The modern mills, with a combined capacity to process 40 metric tonnes of rice paddies daily, were officially installed on Friday, marking a milestone in the state’s efforts to scale up rice production.
Speaking during a demonstration of the mill’s operations, Mr. Byung Chul Son, Managing Director of Delta Sung Machinery and Construction Company Limited, said the team had collaborated with the state Ministry of Agriculture to train staff on soil preparation, land irrigation, rice cultivation, and milling processes.
Continues from page 14
MAN DG Irked by Closure of Coca-Cola, Guinness...
expected to culminate in a MoU to commence in January 2025.
Mr. Son noted that while the mills would significantly refine rice production, additional farming equipment, including dryers, pre-boilers, and color selectors, would be required to maximize the facility’s efficiency.
Bayelsa State Commissioner for Agriculture and Natural Resources, Prof. Beke Sese, disclosed that the South Korean government donated four units of rice mills, each with a production capacity of 10 tonnes per day.
“What we had before was a three-tonne-per-day rice mill. With these additional units, we now have a combined 40 tonnes per day production capacity. This will exponentially increase our rice output, bringing us closer to our target of one million tonnes annually,” Sese said.
A delegation of South Korean officials also visited Governor Douye Diri at his country home in Sampou, Kolokuma/Opokuma Local Government Area.
Diri expressed his gratitude to the Korean government for their donation of rice mills, farming tractors, and technical expertise, which he described as critical to the state’s agricultural development.
“Bayelsa has immense potential for rice cultivation, yet we still rely heavily on purchasing rice. My administration engaged the immediate past Korean Ambassador to Nigeria, who facilitated our inclusion in the Korean International Cooperation Agency (KOICA) programme. Through this partnership, we have received farming equipment and technical support,” Diri said.
The governor reaffirmed his administration’s vision of making Bayelsa a hub for rice production, not just for local consumption but also for export.
He urged the Korean engineers to explore further collaboration by providing technical support to train local engineers in the manufacture of farming equipment like tractors.
“This initiative will not only enhance rice production but will also empower our people with the skills to manufacture and maintain essential farming equipment, creating a sustainable agricultural ecosystem,” Diri stated.
The installation of the rice mills represents a significant step towards achieving Bayelsa’s agricultural ambitions. With enhanced production capacity and a focus on technical training, the state is poised to position itself as a leader in rice production in Nigeria, contributing to food security and economic growth.
“Only three weeks ago, another round of discussions took place between LASWARCO and representatives of MAN, including affected member companies, which led to ongoing discussions in the companies as to the most viable option for addressing the alleged outstanding payments from earlier contested fees.
“It is while this discussions were going on and during the Yuletide that the Commission decided to cause this major and unwise shut down of the companies.”
Ajayi-Kadir highlighted the harsh economic climate, noting that industries are already burdened with significant challenges, including over N1.2 billion in unsold inventory, borrowing costs exceeding 30 percent, and a 250 percent rise in power costs.
He said manufacturers face multiple taxes and fees, adding that the high cost of logistics and insecurity further disrupt production activities.
“It is important to properly situate this inappropriate action within the context of the prevailing inclement operating environment in general and the downturn in the manufacturing sector in particular,” the DG said.
“In a situation where industries are burdened with payments in excess of N100 million for generating water for production purpose, in the face of government’s failure to supply same, is unfair.
“The exorbitant fees and the untoward means of extracting payment exemplifies the negative impact of tyranny of regulation on private business.
“To date, manufacturers across the country are saddled with more than N1.2billion of unsold inventory, borrowing at more than 30 per cent and struggling under a debilitating 250 per cent increase in the cost of power. Numerous taxes, fees and levies by the three tiers of government and non-state actrs in some cases, numbering between 0 and 120 confront each manufacturer, not to mention the disruption of production activities due to insecurity and high cost of logistics.
“There is more! So to add this oppressive water abstraction fee in Lagos state that y potentially be adopted by other States, presents an ominous and rancorous future for manufacturers in particular and private businesses in general.”
Your $1bn Investment a Drop in the Ocean - Dangote Tells NNPC
Aliko Dangote, Chairman of Dangote Industries Limited, has said that the Nigerian National Petroleum Company (NNPC) Limited’s $1 billion investment in the refinery is a drop in the ocean.
On December 16, NNPC claimed its $1 billion crude-backed loan was instrumental in supporting the refinery during liquidity challenges.
Responding, Dangote refinery denied experiencing liquidity challenges when the national oil company invested $1 billion to support the plant’s construction.
In an Arise TV documentary video, the billionaire said the contribution was a fragment of investments in the refinery.
“In 2021, when we signed the agreement, even if you give us $1 billion, $1 billion is a drop in the ocean in a $20 billion refinery,” Dangote said.
“When NNPC said ‘give us one more
year, we want to change the agreement, we would rather pay you cash,’ because people don’t really understand this issue about $2 deduction on the crude.
“Can we make sure that there’s clarity around it? So what do you want? So they said they would pay us cash, and we should give them one more year.
“We gave them one more year. So from June last year to June this year. So on June 4th or 5th, I called NNPC and they gave us a week.”
Dangote said sometime later, the NNPC decided to back out of the transaction abruptly when the payment was due.
“I said, okay, fine. We just walked away and we just continued. But we still went ahead, we finished our refinery. Our refinery is operating,” he said.
Speaking further, Dangote said it is very “cheeky and nasty for the person who ever came up with that nonsense, saying that
NNPC gave us $1 billion to assist us in our liquidity crisis”.
He added that “it’s totally not true; these are just a bunch of lies”.
In September 2021, NNPC acquired a 20 percent interest in Dangote refinery for $2.76 billion.
NNPC paid $1 billion upfront in cash, with a balance of $1.76 billion expected to be paid for in crude supplies.
However, on July 14, Dangote said the national oil company now owns 7.2 percent stake in the refinery.
On August 13, NNPC confirmed it reduced the stake to invest in compressed natural gas (CNG).
Speaking on why the Dangote refinery reduced the ex-depot petrol price to N899.50, Dangote said it was a response to market realities.
“It is a refinery where we invested over $20
EDITOR Ivory Ukonu
ENTERTAINMENT &SOCIETY
SHOCKING SCANDALS That
SHOCKING SCANDALS
That Rocked 2024
2024 was indeed an eventful year on the social and entertainment scenes in Nigeria. Both those who thrive in scandals and those who fell prey by extension made the front pages of newspapers. IVORY UKONU takes a look at some of the scandals that rocked 2024
AYENI’S
KabiruTKABIRU TURAKI’S CLETUS IBETO’S Paternity mess Paternity rebuttal, acceptance Entanglement with fraud
he paternity mess that businessman and socialite, Tunde Ayeni, got entangled in, in 2023 with his ex-mistress, Abuja-based lawyer, Adaobi Alagwu, who is the Managing Partner at Airbridge Solicitors and Advisory Services, an Abuja-based law firm, continued in 2024 when he petitioned the Nigerian Immigration Service, NIS over the matter. He also wrote her a cease-and-desist letter through his lawyers. Ayeni had engaged in a romantic affair with Adaobi which resulted in pregnancy, but he denied paternity of the love child after she was born. Subsequently, Adaobi adopted Ayeni’s name for ‘their’ daughter, but not before allegedly vowing to drag Ayeni through the mud until he takes full responsibility for his child, as she claims he was the one who encouraged her to get pregnant with several people as witnesses to this. His denial was quickly followed by his wife, Abiola also lending her voice in support of her husband of 32 years. Well, early this year, Ayeni wrote to NIS to invalidate any international passport bearing his name presented by Adaobi who was a former contestant in the 2014 Most Beautiful Girl in Nigeria pageant in 2014, and her child, emphasising that Adaobi’s daughter was not entitled to use his name on her travel document, citing a lack of familial relationships between them. Also, Ayeni who was the chairperson of the defunct Sky Bank in a cease-and-desist legal notice he sent to her titled, ‘Withdrawal of Consent for Use of the Family Name ‘Ayeni’ With Respect To Your Daughter Omarosa.’
Turaki, a former Minister of Special Duties and InterGovernmental Affairs under former President Goodluck Jonathan, got entangled in a paternity suit with one of his side chicks, Hafiza Baffa. Frustrated by the shoddy manner that she was treated, Hafiza decided to go public with their sour affair when she claimed that Turaki who she has a daughter for, took advantage of her, violated her and harvested eight pregnancies from her for alleged ritual purposes. She alleged that he was after her life.
The ex-minister denied responsibility for Hafiza’s pregnancy, which resulted in the birth of a baby girl. He alleged that Hafiza’s mum, who he has known for a long time as an acquaintance, had reached out to him, seeking his advice on her plans to relocate her daughter, Hafiza, who was then studying at the University of Maiduguri, to Abuja. He said he advised her to secure admission for her daughter at either Bayero University, Kano; Usman Danfodiyo University, Sokoto, or University of Ilorin, Kwara State. But she didn’t take his advice and one day out of the blues, called to tell him that she was coming to Abuja with Hafiza and begged him to arrange accommodation for them. He said that he obliged her.
After she secured admission for her daughter at Baze University, Abuja, he said he supported her with N1 million and also took responsibility for Hafiza’s upkeep, but that Hafiza connived with her mother to change his surname without his knowledge and consent. He claimed that he eventually sent both mother and daughter packing when Hafiza’s criminal acts became quite unbearable. A month after, Hafiza’s mum told him that her daughter was pregnant and that he was responsible. Turaki said he denied the allegation, describing it as a blackmail. But both mother and daughter denied Turaki’s claims.
Wealthy
businessman, Cletus Ibeto, shocked many when he got entangled in a case of fraud involving the sum of N4.8 billion. The Economic and Financial Crimes Commission, EFCC, had brought a 10-count charge against him and his companies, Ibeto Energy Development Company and Odoh Holdings Ltd., for conspiracy, fraud, forgery and the fraudulent use of documents.
Ibeto failed to appear in court, despite receiving notices to that effect. His refusal to obey the court order forced the presiding judge to issue an arrest warrant against him. Early this year, Ibeto through his lawyers, Wole Olanipekun (SAN), Uche Obi (SAN) and Bode Olanipekun (SAN) sought the nullification of the arrest warrant. He also sought to settle the matter out of court and to enter a plea bargain arrangement. In addition, he promised to pay back the money he obtained from the complainant, Daniel Chukwudozie, a fellow wealthy businessman.
Chukwudozie, chairman and chief executive officer of Dozzy Group, a conglomerate with interests in oil and gas, plastics, food and beverages, maritime and investments had written a petition against Ibeto to the EFCC who he said defrauded him.
The letter referred to an incident in January wherein Adaobi illegally entered into one of Ayeni’s properties in Abuja, which she had surrendered to him six months earlier. Expressing surprise at Adaobi’s persistence in the face of public disclaimers of fatherhood, the letter deemed her actions unacceptable and untruthful. His legal team urged her to pursue a more dignified, peaceful resolution with the Ayeni family.
Hafiza insisted that Turaki persuaded her to adopt his surname and exploited her under the guise of being her guardian. She further alleged that when she informed him about the pregnancy, he took several steps to compel and push her to abort the pregnancy. She said she decided to keep the pregnancy against all odds. And after the baby was born, Turaki attempted to forcefully take the child he initially rejected after a DNA test confirmed him as the father with a 99.99995% probability. The former minister allegedly broke into Hafiza’s residence and forcibly tried to arrest her. Hafiza says she now fears for her life and has called on the authorities to hold Turaki responsible, if anything happened to her or her daughter.
In March, Ibeto returned N1.5 billion to Chukwudozie, part of the N4.8 billion and last week, he also returned some of the money, N3.2 billion. But two issues were still outstanding: An allegation of forgery and the $3 million he denied collecting from Chukwudozie. However, after a lot of back and forth between Ibeto’s counsel and that of Chukwudozie, with the latter’s counsel informing the court that the matter had been settled and the EFCC instructing him to withdraw the case in the spirit of reconciliation, Justice Oyindamola Ogala of the Lagos State High Court, Ikeja dismissed the fraud charge against Ibeto.
STORIES BY IVORY UKONU
SIJU ILUYOMADE’S
ENTERTAINMENT &SOCIETY WEEKLY
SHYNGLE WIGWE
Enmeshed in late son’s inheritance saga Ill-timed 60th birthday party
PastorIdowu Iluyomade, aka Pastor ID, the former shepherd in charge of the Redeemed Christian Church of God, RCCG, City of David Parish, Region 20, Victoria Island, Lagos and his wife, Pastor Mrs Siji were sent packing in June from their position. Pastor Iluyomade was first suspended for three months by the Governing Council of RCCG and a panel set up to investigate some of the allegations against him and the parish. He was then moved to RCCG Throne of Grace, Ebute Metta, Lagos, which serves as the headquarters of the mission. His removal followed the widespread condemnation that greeted his wife’s very lavish 60th birthday celebration, barely a week after the demise of Access Bank CEO, Herbert Wigwe, who was a frontline member of the church. The party which took place at the convention hall of Eko Hotel and Suites, Lagos, was the mother of all parties. Months after the party ended, it is still being talked about as one of the grandest celebrations of 2024.
NINETY-year-old
Pastor Shyngle Wigwe, father of late Herbert Wigwe, the late Chief Executive Officer of Access Holdings was in the eye of the storm a few months ago over reports that he was fighting his grandchildren and other members of his family over his late son’s assets. Wigwe died on February 9, 2024, in a helicopter crash in the United States of America alongside his wife, Chizoba, their son, Chizi and Abimbola Ogunbanjo, a former group chairman of the Nigerian Exchange Group.
AYO & MABEL MAKUN
Divorce saga
But many expressed mixed feelings about the party. While some believed there was nothing wrong with throwing a party to celebrate a landmark age, others believed there was everything wrong with the timing of the party. And their reason was not farfetched. Wigwe, a very important and influential member of the parish had died a most horrible death alongside his wife and first son. The trio alongside Bimbo Ogunbanjo, the Group chairman of Nigerian Exchange Group Plc, died in a helicopter crash that caught fire on impact in the United States, meaning they were burnt to death. A week after their death, Pastor Iluyomade was on the pulpit, close to tears as he eulogised the late Wigwe while reeling out how he was a major financier of the church and the crucial roles he played before, during and after the building of the church’s 12 floor Trinity Town which cost billions of naira. He ended his eulogy by saying that Wigwe’s life challenged him as a pastor. The tears had hardly dried up when a week after, they decided to throw away decency and hold a hedonistic birthday party. Critics believed that if she could wait five weeks to celebrate after clocking the landmark age, surely, she could have waited another month at least, to celebrate rather than portray herself as unfeeling. They are also of the opinion that if she was so pressed to do the party, then she could have had the decency to at least tone down the line up of activities. To them, throwing the party was nothing short of callous, the height of insensitivity. This is also not considering the current state of the nation.
Pastor Shyngle was alleged to have requested 20 percent of his late son’s estate and also filed a caveat at the probate registry and an affidavit deposed to, by one Christian Chukwuka Wigwe, a cousin to the deceased, all in a bid to prevent the rightful execution of Herbert’s will which was lodged at the Ikeja Probate Court. The will states that his wealth be distributed amongst his children only. But Pastor Wigwe dismissed the allegation, noting that at no point did he make such request or take the alleged action over the estate of his deceased son. Weeks later, Christian lodged a caveat on behalf of Pastor Shyngle, apparently to contest the distribution of the estate as specified in the will of the late banker. But the Lagos State government stepped in and in a document dated 21 October, the Lagos probate registry issued a legal notice giving the caveator, Christian, an eight-day ultimatum upon service to explain his interest in the estate of late Wigwe. Essentially, the notice urged Christian to respond and assert his interests in the estate of his deceased cousin and that if he fails to do so within the stipulated period, he risked losing the opportunity to contest the probate process. The notice was issued at the instance of Uchechukwu Wigwe, the appointed personal representative of the estate of the deceased by virtue of the deceased’s will which was dated 9 July 2013.
Christian had in an affidavit dated 7 October, filed at the Lagos State High Court Probate Registry accused Aigboje Aig-Imoukhuede, his late cousin’s business partner and co-founder of Access Bank of assuming the role that belonged to the deceased’s father. He accused AigImoukhede of taking an indirect guardianship of Herbert’s children and assets.
Christian said his deceased cousin left behind four children of which three are below the age of 18. He added that Herbert also owned multiple real and personal assets within and outside the country. He also accused Aig-Imoukhuede of exerting his influence through the deceased’s eldest daughter Otutochi and another cousin, Uche Wigwe, as a default representative in the will.
Then there was the choice of musicians. Many didn’t fail to criticise the presence of highlife singer, Chinedu Okoli, aka Flavour n’Abania, wondering why she preferred a raunchy artist over gospel musicians. And Flavour who was bare chested did what he knows how to do best. He invited the celebrant to the dance floor, calling her ‘Siju baby’ while rolling his waist. As the wife of a cleric, many were of the opinion that in exercising her prerogatives she could have been mindful of the position she occupied and the unintended and collateral impacts of her choices. Ordinary church members can get away with such revelry, but the ‘mother’ of a parish as big as City of David and overseeing other parishes cannot. They expected her to have embodied and espoused the best values and not inadvertently become a promoter of youthful adventurousness in an already lascivious Christian community. Some others also quarreled with her choice of dress, accessories and makeup. Although she was fully covered, they were of the opinion that she looked like an overly dressed futuristic mannequin and all that she had on was nothing but sheer vanity.
Christian claimed that the late Wigwe’s will was lodged in 2013 at the Probate Registry and executed in the United States. He said there have been concerns about its applicability to the assets within Nigeria’s jurisdiction. Christian also said it is only natural for the deceased’s father to act as the legal guardian for his three grandchildren who are still minors or be consulted to ascertain who assumes the role. He said assuming the role of Herbert’s children’s guardian would provide stability for the children and also would serve as a significant part of the healing process for Pastor Wigwe having suffered an unimaginable loss in one day.
Christian said he was informed by Pastor Wigwe that Aig-Imoukhuede has assumed indirect guardianship and custody of the children thereby excluding their grandfather from their affairs but causing some relatives to gravitate towards him in an effort to secure his favour which is causing tension within the family. Christian said Pastor Wigwe would usually not be bothered but the way Aig-Imoukhuede is handling the assets grossly undermines his role as the head of the family. While Christian acknowledged that Aig-Imoukhuede has continued to support the deceased’s parents and children financially, he has failed to provide any formal update on how the expenses are being met or the financial status of the assets. He further said that the co-founder is not accountable to the dependents or beneficiaries of the deceased’s estate.
STORIES BY IVORY UKONU
ENTERTAINMENT &SOCIETY WEEKLY
PSQUARE’S
TOBI ADEGBOYEGA, Unending feud
When in May, Peter Okoye, one half of the singing duo of the defunct PSquare was conspicuously absent at the traditional wedding of his twin brother, Paul to his girlfriend, Ivy Ifeoma in Abia State, many immediately knew something was amiss.
Paul was previously married to his childhood sweetheart, Anita in 2004. The marriage produced three children before it packed up after eight years. About two years ago, the twin brothers had sheathed their swords after many years of feuding. They held a lot of unity concerts on stages across the world to the delight of their fans who had longed for their getting back together but it turned out that all was indeed not well between the twin brothers and their older brother cum manager, Jude. In August, Peter called out his twin for constantly discrediting his contributions to P-Square. Paul had claimed that he wrote and sung 99% of their songs. Peter expressed disappointment and hurt over Peter’s constant discrediting of his efforts in the group. In an open letter Peter listed several songs he had written, which Paul failed to acknowledge and wondered why Paul always uses the singular terms, “I” and “me” in interviews, making it seem like he was the sole talent behind P-Square contrary to when he uses “we” and “us” in his (Peter) interviews. Peter emphasised that fans love P-Square because of their combined effort and uniqueness, not just for one person’s talent. He questioned the rationale behind Paul choosing to team up with their older brother against him rather than looking for opportunities to marginalise and humiliate him. He questioned Peter’s motives for constantly belittling him and trying to turn fans against him. Also, Jude revealed that Peter got the Economic and Financial Crimes Commission, EFCC to arrest his twin brother and himself (Jude) over fraud and money laundering allegations.
Peter however denied petitioning EFCC against his twin brother and dared his older brother to produce the petition that led to their arrest. He explained that Jude his older brother and his wife, Ifeoma were the ones he petitioned EFCC against over PSquare royalty, emphasising that he got information that the management company three of them (Peter, Paul and Jude) owned together, called Northside Entertainment, which was used to manage all of PSquare’s affairs had another sister company Northside Music owned by Jude Okoye and his wife, Ifeoma Okoye which he (Peter) was never aware of. When he found out, he tried to talk to his twin several times asking if he knew anything about the secret company and the whereabouts of some of PSquare’s royalties, but Paul denied knowledge of it and at some point, told him to go do his worse. And so, he had no choice but to petition the EFCC with clear instructions to his legal team not to involve Paul in the petition, but to focus solely on the primary suspects, Jude Okoye and his wife, Ifeoma Okoye since they were the directors of this secret company. Northside Music. Jude was detained after being questioned and he came clean and admitted that he had been diverting millions of dollars of PSquare money to this secret company, His bank accounts were immediately frozen. He was eventually released .
Theflamboyantcontroversial, self acclaimed pastor
Controversial self-acclaimed pastor, Tobi Adegboyega, the General Overseer of the Salvation Proclaimers Anointed Church, SPAC, whose ministry was shut down over £1.87 million fraud got tongues wagging over news of his impending deportation from the United Kingdom.
An immigration tribunal ruled that the 44-year-old who is a cousin to movie star, John Boyega, should be deported to his country, Nigeria after investigations exposed the misuse of funds by his church. But Adegboyega claimed that the attempt to remove him by the Home Office failed to take account of his community work with SPAC. He described himself as a charismatic community leader of a large, well-organised church who had intervened in the lives of many hundreds of young people, predominantly from the black communities in London, to lead them away from trouble adding that his work had been lauded by politicians including former prime minister, Boris Johnson and senior figures within the Metropolitan Police. He also claimed that without his personal presence in London, projects that he had masterminded would fall apart or reduce in size. However, the tribunal is convinced all is not as it seems because of concerns over his church’s finances and lack of transparency.
The Home Office claimed that former members of the church alleged that it is a cult, in which impoverished young people are encouraged to do anything they can to donate money, including taking out large loans, committing benefit fraud and even selling their own blood. It also alleged that the church leadership lead lavish lifestyles with instances of abuse and wonder at Adegboyega’s real value in the UK especially as the tribunal also found Adegboyega’s evidence to be hyperbolic in many instances while grossly inflating his influence. Adegboyega who has lived in the UK unlawfully since overstaying on a visitor’s visa that allowed him to enter Britain in 2005 maintains that many of the attacks on him and SPAC Nation were politically motivated.
Adegboyega who resides in an over £2.5 million mansion in Surrey, was a pastor with Nigerian based World Evangelism Bible Church, WEBIC founded by Pastor Samson Ayorinde. He allegedly defrauded a member of some money with which he allegedly used to make his way to the UK. During his early days in the UK, he shared a room with his cousin, Boyega. Adegboyega worked as a kitchen porter before setting up his religious organisation.
WIZKID AND DAVIDO’S Unending beef
It is no longer news that two of the biggest afrobeats artistes, David Adeleke aka Davido and Wizkid have been at logger heads for a few years now. This year, they continued their beef, even though many thought they had buried the hatchet. A fan of Wizkid had asked him to release his anticipated album titled ‘Morayo’, to which the singer responded with a viral video of Davido on his knees begging a certain lady. Responding, Davido called him a sick man and inferred that his songs were not as popular as they used to be. In the course of his rants on social media, Wizkid also described popular music producer, Don Jazzy, as a social media influencer dancing on TikTok. Though many reasons were adduced for the latest fight, some industry insiders believed that it was connected to a deal with Puma that Davido recently signed. Wizkid had been on the payroll of the company before, but when it was time to renew his contract, he had requested for higher deals, which the company allegedly turned down and chose to reach out to Davido.
SHOTS OF THE WEEK
Photo Editor: Peace Udugba [08033050729]
SPORTSLIVE
CHAN Eagles’ Grit in Accra: A Tactical Preview for Uyo
BY JUDE OBAFEMI
Nigeria’s CHAN Eagles demonstrated defensive excellence in their goalless draw against Ghana at the Accra Sports Stadium in the first leg of the 2025 African Nations Championship qualifiers. Under the guidance of Remo Stars coach Daniel Ogunmodede, the team executed a disciplined performance that laid the foundation for what could be a decisive second leg in Uyo.
The match, played under humid conditions in Accra, saw Nigeria implement a 4-3-3 formation that prioritised defensive stability. Captain Nduka Junior, partnering with other Nigerian Professional Football League talents, organised the backline with notable composure. The defensive unit, featuring players from clubs like Remo Stars and Enyimba, maintained their structure throughout the 90 minutes, limiting Ghana’s typically potent attack to speculative efforts.
Goalkeeper Ozoemena Ani proved his worth between the posts, making several crucial interventions when called upon. His distribution and command of the penalty area provided confidence to the defensive line, particularly during Ghana’s periods of sustained pressure in the second half.
In the midfield, Jide Fatokun operated effectively in both defensive and attacking phases. His ability to break up play and initiate counter-attacks kept Ghana’s midfield cautious about committing too many players forward. The midfield battle became particularly intense in the humid conditions, with both teams fighting for territorial dominance.
The forward line, led by Sikiru Alimi, found themselves working against a
The fixture continues the rich football tradition between these West African giants
well-organised Ghanaian defense. Despite limited service, they maintained their pressing duties, forcing Ghana’s defenders to rush their build-up play. The most significant opportunity of the match fell to Adamu Abubakar, whose powerful strike rattled the goalpost during a crucial phase of the second half, leaving the Ghana supporters momentarily stunned.
The December 28 return fixture at the Godswill Akpabio International Stadium in Uyo presents Nigeria with a straightforward mission - win and qualify for the tournament proper, which Kenya, Tanzania, and Uganda will co-host. The stadium, known for its excellent playing surface and capacity to hold 30,000 passionate supporters, should provide optimal conditions for Nigeria to implement their attacking strategy.
Veteran midfielder Rabiu Ali’s influence could prove decisive in the return leg. His experience in high-pressure matches, including his role in Nigeria’s bronze medal campaign at CHAN 2014, brings valuable leadership to the squad. Ali’s ability to control the tempo of play and make intelligent decisions under pressure has been evident throughout his career with both club and country.
Ghana’s Black Galaxies displayed their traditional strengths, particularly in wide areas, but found it difficult to create clear opportunities against Nigeria’s organised defensive block. Their forwards, despite showing good movement, struggled to find space between Nigeria’s defensive lines. This tactical stalemate led to increased frustration among the home supporters as the match progressed.
In his post-match comments, Coach Ogunmodede reflected on the team’s performance with measured optimism: “We knew Ghana were going to be tough, but we knew we were good enough to get a positive result. We showed bravery and that is what Nigeria is known for. In the second leg, Nigeria will go for the win.”
The fixture continues the rich football tradition between these West African giants. Their previous CHAN qualifier meeting in 2022 ended dramatically, with Ghana progressing through a penalty shootout after both legs finished level. This history adds another layer of intensity to the upcoming match in Uyo.
The technical staff has identified several areas for improvement ahead of the return fixture. The attacking transitions need refinement, particularly in the final third where better coordination between midfield and attack could create more scoring opportunities. Set-piece execution also requires attention, given the importance of dead-ball situations in knockout matches.
Nigeria’s domestic league has provided a strong foundation for this CHAN Eagles squad. The competition between clubs like Remo Stars, Enyimba, and other NPFL teams has helped maintain high performance standards. Many players in the current squad have faced each other multiple times in domestic competition, contributing to their understanding and cohesion on the international stage.
The significance of the CHAN tournament extends beyond immediate success. For domestic league players, it offers valuable international exposure. Strong performances can attract attention from scouts and potentially open doors to professional opportunities abroad. The tournament also helps strengthen domestic leagues by providing their players with high-level competitive experience.
Weather conditions could play a role in the return leg, with Uyo’s climate typically different from Accra’s. The technical team will need to factor this into their preparation, particularly regarding hydration and energy management throughout the match.
The Godswill Akpabio International Stadium’s atmosphere promises to be electric. Nigerian supporters have historically created intimidating environments for visiting teams, and the Ghana match should be no exception especially with fans eager for excitement during these holidays. The stadium’s design helps amplify crowd noise, potentially influencing the players’ performance and the match officials’ decisions. Both teams understand the broader implications of qualification. The CHAN tournament provides a platform for domestic leagues to measure their development against continental competitors. Success in these competitions often correlates with improved standards in domestic football, making qualification crucial for long-term football development.
Youth development also benefits from these competitions. Young players in both squads gain invaluable experience competing at international level, which aids their maturation process. The pressure of representing their nation in such crucial matches contributes to their mental toughness and professional growth.
In the return fixture, Nigeria must balance their attacking intent with defensive stability. The clean sheet from Accra provides a solid foundation, but the team cannot afford to be overly cautious. Ghana’s counter-attacking capabilities mean that any tactical approach must account for their speed in transition. The match officials will play a crucial role, particularly given the intense rivalry between these nations. Their management of the game, especially in crucial moments, could influence the outcome. Domestic managers Daniel Ogunmodede and Fidelis Ilechukwu will need to execute their plans of getting the squad to maintain their discipline while pursuing their objectives.
For the players and supporters, this match represents more than just a qualification opportunity. It continues a football rivalry that has produced memorable moments throughout its history. The next chapter awaits in Uyo, where this set of Eagles hopes to write their names into the next round of CHAN qualification.
ogannah@thewillnews.com
Nigeria: A Recap of Tumultuous 2024
This year, Nigeria embarked on a journey filled with transformative reforms, cultural milestones and significant challenges that tested the nation’s resilience, unity and vision for the future. From the corridors of power in Abuja to the bustling markets of Lagos, from the oil-rich Niger Delta to the culturally rich north, the year was a tapestry of events that painted a vivid picture of a country in a flux, striving for stability amidst change.
President Bola Tinubu’s administration’s suite of economic reforms aimed at reshaping Nigeria’s economic landscape came with severe consequences. The most contentious of these was the removal of petrol subsidy, a policy long debated due to its fiscal implications. The move was intended to redirect government savings towards infrastructure and public services but immediately led to a spike in fuel prices, inflating transportation and commodity costs.
Coupled with this, the unification of multiple exchange rates was another bold step towards economic transparency, aiming to curb corruption and stabilise the Naira. However, these reforms, while theoretically sound, were implemented amidst a backdrop of public skepticism, leading to a cost-of-living crisis.
Politically, 2024 was a year of reflection and critique. Celebrating 25 years of unbroken democracy, the nation looked back at its journey from military rule to a democratic state, acknowledging the strides made, yet recognising the road ahead.
However, the Independent National Electoral Commission (INEC) found itself under intense scrutiny. The Governorship Election in Edo State was particularly contentious, with reports of ballot box snatching, voter intimidation and significant discrepancies in vote counting. This led to a notable public outcry, with civil society organisations and opposition parties calling for reforms and even the resignation of INEC’s leadership. The fallout from the election not only questioned the integrity of the electoral process but also sowed seeds of doubt in the democratic process itself.
Economically, the year was marked by the operationalisation of the Dangote Refinery, a project promising to make Nigeria selfsufficient in petroleum products.
Since its commissioning, the refinery has encountered several challenges that have impeded its path to full operational capacity. Primarily, there has been a significant difficulty in securing a steady supply of crude oil, with allegations pointing to sabotage by oil cabals and international oil companies reluctant to sell to the refinery, forcing it to import crude from places like the United States. Regulatory and market dynamics have also posed challenges, with disputes over pricing and the government’s regulatory frameworks not always aligning with the refinery’s operational needs.
Worsening the economic pinch has been the national grid’s repeated collapses, which have brought economic activities to a standstill, highlighting the urgent need for infrastructure overhaul. However, Air Peace’s launch of direct, more competitively priced flights to the UK was a bright spot, a demonstration of Nigerian enterprise on the global stage. Yet, this was overshadowed by
Nigeria’s slip to the fourth-largest economy in Africa, a position that challenged the narrative of growth under the new administration.
The social fabric of Nigeria was tested in 2024. The economic reforms led to a series of protests, with the most significant being the general strike, where workers across the nation demanded better wages and living conditions. This strike was not just about economic demands but was also a reflection of broader public frustration with governance.
The tragic stampedes at charity events underscored the desperation caused by economic hardship, which must push the government to reconsider its approach to social welfare. The decision this year to allocate N90 billion for religious pilgrimage subsidies further fuelled debates on government spending, especially when juxtaposed with the needs of the general populace.
Security remained a persistent issue, with banditry in the North and insurgent activities in the Northeast. The festive season in Nigeria has been marred by a series of tragic events, casting a pall over the celebrations.
In Sokoto, a recent surge in violence resulted in the loss of innocent lives. Meanwhile, a drone attack targeting soldiers in the north raised fresh concerns about national security. Adding to the grim picture, the killing of a priest by yet to be identified person(s) in Anambra and kidnappings highlights the ongoing struggle
against religious extremism and criminality. These incidents have collectively dampened the festive spirit and underscored the nation’s ongoing battle against insecurity.
However, the arrest of Simon Ekpa, a key figure in the Biafran separatist movement, was a significant move towards addressing separatist agitations. This was somewhat marred by the international embarrassment when Nigerian presidential jets were seized in France due to unpaid debts, casting a shadow over the country’s diplomatic relations and financial management.
In the cultural sphere, Nigeria made headlines. Chidimma Adetshina’s journey to becoming the runner-up in the Miss Universe pageant, despite facing racial slurs, was a narrative of triumph over adversity. Samuel Nwajagu’s crowning as Mr. Universe was another cultural coup, further evidence of Nigerian beauty and talent on a global stage. The arts sector thrived with Nollywood’s international collaborations, bringing Nigerian stories to a worldwide audience. However, cultural expressions were not without debate; the reversion to the old national anthem was seen by some as a step back in time, while others celebrated it as a reconnection with the nation’s roots.
The entertainment industry, while vibrant, also faced its share of controversies, with artists like Burna Boy, Davido and Wizkid all entertaining and finding themselves at the centre of public discourse on various issues. The year was also marked by what many perceived as harassment of the press, with several journalists detained or intimidated, raising concerns about freedom of speech and the role of media in a democracy.
Judicially, the Supreme Court’s decision to grant and enforce autonomy to local governments was a landmark ruling that could alter the power dynamics within Nigeria’s federal structure, especially if followed judiciously. This judgment could lead to more efficient governance at the grassroots level but also sparked debates on the balance of power between federal, state, and local entities.
In the realm of sports and culture, Nigeria had moments of pride and challenge. Ademola Lookman’s accolade as the CAF Player of the Year was a highlight, symbolising the country’s acclaim on the international stage. However, the performance at the 2024 Paris Olympics was less triumphant, with Nigerian athletes facing hurdles in competing fairly and coming back home without any medals, reflecting broader issues in sports infrastructure and funding.
As the year draws to a close, Nigeria stands at a pivotal moment. The year was a lesson in governance, economics, and social policy, highlighting the need for reforms that are not only well-intentioned but also well-implemented. The cultural victories were a reminder of Nigeria’s soft power and the potential of its youth and creative industries. However, the challenges faced, from economic hardships to security threats and electoral integrity issues, underscored the continuous effort required to build a nation that is both prosperous and just. Looking forward, the lessons of 2024 could guide Nigeria towards a future where economic stability, cultural pride, and democratic values are not just aspirations but realities.
As the year draws to a close, Nigeria stands at a pivotal moment. The year was a lesson in governance, economics and social policy, highlighting the need for reforms that are not only well-intentioned but also well-implemented