Edun Confirms Sale of Crude Oil, Refined Petroleum Products in Naira for Currency Stability
refined products in Naira has officially begun as directed by the Federal Executive Council. This initiative marks a bold step
the plan through. “The sale of crude oil and
Tinubu Must Be Supported at All Costs, Osoba Tells South-west APC Leaders
Governor of Ogun State, Chief Segun Osoba, has declared that the South-west must support President Bola Tinubu’s administration
unequivocally, no matter the price to be paid.
is just as President Tinubu has stated that he was focused on the future and prosperity of Nigeria and not future elections.
Speaking at the All Progressives Congress (APC) South-west Zone Assembly meeting held at the Eko
Continued on page 5
Fubara’s Proxy Party, APP, Wins 22 Chairmanship Seats in Rivers LG Polls
Chuks Okocha in Abuja and Blessing Ibunge in Port Harcourt
The Action Peoples Party (APP) was yesterday declared winner of 22 chairmanship seats in Rivers State as Governor Siminalayi Fubara defied all odds and conducted local government elections, despite protests by members of the Peoples Democratic Party (PDP) and All Progressives Congress (APC), and the refusal of the police to provide security, citing
a ruling by the Federal High Court. This is coming as former President Goodluck Jonathan compared the current political crisis in Rivers State to the crisis of the old Western region and called on security agencies to wade into the political situation in the state to forestall a breakdown of law and order.
The supporters of APC and PDP loyal to the Minister of Federal Capital
Continued on page 5
AZINGE CROWNED 14TH ASAGBA OF ASABA…
L-R: Onihe of Asaba, Chief Ubaka Atu; 14th Asagba of Asaba, Obi Professor Epiphany Azinge
Azinge (SAN), during the coronation of Obi Azinge at the Asagba’s Palace in Asaba…yesterday
and his wife, Agu
Hotels and Suites, Lagos, Osoba
(SAN);
Nwanyi Valerie
Despite Headwinds, GTCO, Zenith, Ecobank, Nine Other Listed Banks Generate N3.81tn Profit in H1 2024
Kayode Tokede
Amid macroeconomic challenges, Guaranty Trust Holding Company Plc (GTCO) and 11 other financial institutions listed on the Nigerian Exchange Limited (NGX) generated an estimated N3.81 trillion profit before tax (PBT) in the half year ended June 2024.
This represents a 108.2 per cent increase from the N1.83 trillion PBT generated by these 12 financial institutions in H1 2023.
In the period under review, the financial institutions operating in Nigeria, and Sub-Saharan African countries were faced with inflationary pressure, and sustained hikes in monetary policy parameters that drained liquidity in the banking system, among other challenges.
However, in the period under review, five banks, including GTCO, Access Holdings Plc, Zenith Bank Plc, Stanbic IBTC Holdings Plc, and Fidelity Bank Plc were the only financial institutions that declared interim dividend payout to shareholders.
The five financial institutions declared N198.35 billion as interim dividends for the half year ended June 30, 2024, about a 131.67 per cent increase from
Territory (FCT), Nyesom Wike embarked on massive protests in an unsuccessful effort to stop yesterday’s LG elections in the state.
However, there were reported incidents of explosions at the state secretariat of the APC in Port Harcourt and Obio/Akpor LG council, just as the results of Etche LGA chairmanship seat, and the 319 councillorship positions across the state were still being collated by the Rivers State Independent Electoral Commission (RSIEC).
Before the elections, the APC in the state, which boycotted the polls, had secured a judgment from a Federal High Court in Abuja restraining the Independent National Electoral Commission (INEC) from releasing voters’ registers to the RSIEC.
The judgment also restrained the Inspector General of Police (IG), Kayode Egbetokun, from providing security for the elections.
But citing a judgment of the Supreme Court, which ordered that democratically-elected officials must govern all the local governments in the country and a judgment of the Rivers State High Court, Fubara insisted that the elections must hold, with or without the police providing security.
Though the police did not provide security, the elections were held in a largely peaceful atmosphere.
However, members of the APC and PDP loyal to the FCT minister, Wike, embarked on massive protests in an unsuccessful effort to stop the elections.
Some protesters marched from the popular Rumuola axis of Port Harcourt to the office of the RSIEC, chanting that the election should not be held.
At the front of the RSIEC office, THISDAY sighted over 20 police vans, three Armoured Personnel Carriers (APC), and a vehicle belonging to the Federal Road Safety Corps (FRSC) but election materials had been moved to the various wards for the elections.
the N85.6 billion declared in the half year ended June 30, 2023.
FBN Holdings Plc, Ecobank, Wema Bank Plc, FCMB Group Plc, Sterling Financial Holdings Company Plc, and Jaiz Bank were the financial institutions that did not declare an interim dividend for H1 2024.
THISDAY gathered that GTCO, during the period under review, generated the highest profit before tax, followed by Zenith Bank, Ecobank, and FBN Holdings.
GTCO reported N1.003 trillion profit before tax in H1 2024, about a 207 per cent increase from the N327.4 billion it declared in H1 2023, to emerge as the first financial institution to cross the N1 trillion mark in profit generation.
The Group Chief Executive Officer, GTCO, Mr. Segun Agbaje, in a statement, said: “We are immensely proud of the progress we have made as a leading financial holding company.
“Despite the uncertainties in the operating environment, our performance in the first half of the year, where we recorded our highest profit to date, is a testament to the resilience and adaptability of our business model.
“We remain optimistic about the future and are committed to leveraging our unique strengths as a
Announcing the results yesterday evening, the Chairman of the FRSC, Justice Adolphus Enebeli, said after collating the results, APP scored the majority of the valid votes in all the wards in the 22 LGAs.
Justice Enebeli explained that the result of the chairmanship position for Etche LGA was stood down by the commission because of its expansive landscape with its 19 wards, which slowed down the collation process.
Justice Enebeli, who is also the Chief Electoral Commissioner for the election, declared the results in Port Harcourt.
The results declaration was witnessed by members of the Inter-Party Advisory Council (IPAC) from 18 political parties, leaders of the Nigerian Bar Association (NBA), civil society groups, returning officers, journalists, and other key stakeholders.
Justice Enebeli stated that the polls, which closed at 3 p.m., witnessed a large turnout of voters who defiled the rain.
He emphasised that the results of the Etche LGA chairmanship seat, and the 319 councillorship positions across the state would be announced in due course after the entire collation process has been concluded.
RSIEC Chairman stated that the election was conducted in all 6,866 units in the 319 political wards with 18 out of 19 political parties participating.
He said: "It is, therefore, heartwarming that I stand before you all today to affirm the smooth, safe, free, fair, credible and transparent, all-inclusive, successful, violence-free, and most treasured conduct of the 2024 Rivers State Local Government Council election despite all odds."
He added: "Polls were closed across the state by 3 pm today. Before then, there was a large turnout of enthusiastic citizens who came out to exercise their franchise even amid the heavy downpour witnessed this morning.
"In keeping with extant regulations, the commission displayed the register of voters in all the 6,866 polling units
thriving financial services ecosystem to create sustainable value for all our stakeholders as we continue to position all our business verticals–Banking, Funds Management, Pension, and Payments–for rapid growth across key markets,” he explained.
While the Zenith Bank reported N727.03 billion PBT in H1 2024, representing a 108 per cent increase from the N350.36billion the bank reported in H1 2023, Ecobank declared N443.5 billion PBT in H1 2024, representing about 195 per cent increase over the N150.3billion it reported in H1 2023.
CEO of Ecobank Group, Jeremy Awori in a statement said: "Our half-year results demonstrate the strength of our diversified business model. Despite facing macroeconomic challenges in some of our operating markets, the company increased its net revenues to $994 million and its profit before tax by five per cent to $324 million.
"Our transformation agenda remains our top priority, with a focus on improving customer experience and driving efficiency and productivity. Despite persistent inflation, we achieved an efficiency ratio of 53.6 per cent.
“We continue to right-size our risk-weighted assets, and our deposits franchise remains strong. Customer
of the state while political parties embarked on campaigns to canvass votes from their supporters," he added.
Justice Enebeli explained that the elections were conducted based on the Supreme Court judgment of July 11, 2024, and the judgment of Justice IPC Igwe of Rivers State High Court.
Justice Enebeli also declared the names of the winners for the 22
deposits rose 13per cent in constant currency to $19 billion, with current and savings accounts (CASA) comprising 81per cent of total deposits. With a loans-to-deposit ratio of 54per cent, we have room to take advantage of credit opportunities that meet our risk appetite if required," Awori said.
According to Awori, the bank’s sole focus remains on enhancing the customer experience and meeting their financial needs.
On its part, FBN Holdings posted N411.99 PBT in H1 2024, an increase of 100.9 per cent from the N205.05 billion reported in H1 2023.
Commenting, the Group Managing Director, FBN Holdings, Nnamdi Okonkwo in a statement said:
“FBNHoldings has again delivered a strong set of financial results despite the complex macroeconomic and operating environment.
“Our Group’s strong performance over the period is underpinned by our robust institutional capabilities, effective risk management practices, and solid business momentum, and it is a testament to the resilience of our institution.
“Notably, gross earnings and profit before tax grew 118.8 per cent y-o-y and a 100.9 per cent y-o-y to N1,402.5
chairmanship positions.
When THISDAY visited some of the Units and Wards in parts of the state, it was observed that voting, which started at about 8 a.m., ended in some areas at 10 a.m., while others concluded their voting at about noon.
billion and N412 billion respectively for the first half of the financial year, showing a continuous growth trajectory. These results reflect our ongoing commitment to further improving profitability, enhancing performance, and delivering sustainable value to our stakeholders.
“Despite the macro-economic headwinds, we remain resolute and confident of successfully navigating the terrain towards surpassing stakeholders’ expectations.”
During the period under review, UBA reported N411.99 billion PBT in H1 2024, representing about 0.5 per cent decline from the N403.6 billion in H1 2023, while Access Bank announced N348.9 billion PBT in H1 2024, a growth of 108.2 per cent from the N167.6 billion reported in H1 2023.
Fidelity Bank closed the period at N200.87 billion PBT, a significant increase of 163 per cent from the N76.33 billion declared in the corresponding period of 2023, just as Stanbic IBTC Holdings posted N147 billion PBT in H1 2024, about 77 per cent increase from the N82.99billion reported in H1 2023.
Furthermore, FCMB Group declared N64.21 billion PBT in H1 2024, about a 68 per cent increase from the N38.23 billion in H1 2023.
Similarly, Wema Bank announced N30.57 billion PBT in H1 2024, a growth of 153.47 per cent from the N12.06 billion reported in H1 2023. Sterling Financial Holdings Company generated N17.35billion PBT in H1 2024, representing a 51 per cent increase from N11.46 billion in H1 2023, just as Jaiz Bank, in H1 2024, announced N11.56 billion PBT, an increase of 194.27 per cent from N3.93 billion reported in H1 2023.
Commenting on financial institutions' performance in H1 2024, Vice President, Highcap Securities Limited, Mr. David Adnori attributed the banks’ financial performance to the devaluation of the naira.
He highlighted that most banks have international affiliations, with a significant portion of their assets denominated in dollars, adding that the devaluation led to a substantial increase in their profits.
“In the history of banking, hardly any bank has ever declared PBT of up to N400 billion in a half-year period. However, due to the devaluation and the transition from a pegged exchange rate to a freely floating one, banks have experienced a significant spike in their declared profits in the first half of 2024,” he said.
In Port Harcourt, elections were peaceful in most of the areas visited, but in the Ogbunabali area, it was observed that some persons who did not support the election, attacked voters and destroyed election materials.
However, at Obio/Akpor LGA, where the FCT minister hails from the election had not started in the area when THISDAY visited but in parts of the riverine areas, elections were held peacefully, and voters participated actively.
Also, at Wards 19 Elekahia, voters claimed that some men in police uniforms invaded the polling unit, destroyed electoral materials, and obstructed the voting process. At Asari-Toru Ward 14, election materials arrived at about 8 a.m. and the voting process commenced immediately.
TINUBU MUST BE SUPPORTED AT ALL COSTS, OSOBA TELLS SOUTH-WEST APC LEADERS
warned that no matter the ill-feelings anyone may have against the person of the president or his administration, he must be supported not only to run out his first term in office but also to secure a second term.
Osoba disclosed that Tinubu is the first president from the progressive fold, adding that he cannot afford to fail.
"We cannot and should not allow anyone to derail our democracy under Tinubu," he insisted, even as he said that no money was left in the national treasury for subsidy when Tinubu took office,” he added.
Meanwhile, President Tinubu has stated that he was focused on the future and prosperity of Nigeria.
Tinubu’s declaration came on the heels of sharp criticisms of the leadership of the APC in the Southwest by the chieftains of the party.
The president, who was represented by his Chief of Staff, Hon. Femi Gbajabiamila, said he was also pained by the hardships faced by Nigerians, and promised that things would turn out better.
While pledging to have continuous engagement with the South-west leaders of the party, Tinubu also promised a listening ear, adding that he would continue to do the bidding of the people.
Gbajabiamila said: "Mr. President has asked me to convey his message; he knows he has made very tough decisions. He sees the light at the
end of the tunnel. The time will come when we will all thank him for the decisions.
''Mr. President said I should let you know that he is not thinking of the next election but the next generation.
"For every moment in a country, a particular leader is produced for that time. This is the time to produce a courageous leader."
Tinubu also promised that all the deliberations by the South-west caucus would be given consideration, saying though he is President of Nigeria, the South-west remains his base.
Gbajabiamila added: "The challenges of our country are diverse; it is very immense. You cannot know the extent until you get there. I see that Mr. President has nothing in his mind but the progress of Nigeria.
"For those of us who know him very well, he has love for the masses. As the people are complaining, he is also pained but when a man has a strong conviction of what he is doing, he pursues it."
Speaking at the event, the Lagos State Governor, Babajide Sanwo-Olu said the stakeholders gathered as one big family to work together.
“It is to share ideas and agree on strategies to take South-west to greater heights.
"We are blessed with assets and more positioned to move the country forward," the governor said.
He added that the gathering was to reinvigorate hope in people, saying
the strong Omoluabi ethos in the South-west zone should be engendered for the progress of the region and the country.
He appealed to the leaders and other members to give adequate support to the president, saying “We should strive to forge ahead of the 2027 election.”
APC leaders, including former Interim National Chairman of the party, Chief Bisi Akande and Dr. Tajudeen Olusi, had criticised the new leadership of the party in the South-west, saying it had never conveyed meetings of leaders and faithful to deliberate on what is going on both in government and at party levels.
The keynote Speaker, former Governor of Ekiti State, Dr. Kayode Fayemi, said the South-west wing of the APC constitutes an important pillar of the party, saying that the decision to convene the zonal assembly of party leaders and faithful was a manifestation of a determination of the leadership to keep the party as vigorous and engaged as possible in the South-west.
"As a foundation member, and one of the many actors who worked tirelessly to help create the APC out of a coalition of like-minded parties and actors united by a progressive and forward-looking commitment to national unity and transformation, I was immeasurably proud of the zeal with which our cadres in the
South-west embraced the party’s agenda for change and renewal when it was announced to them.
"And we were fortunate to be blessed from the outset with a leadership group who left no stone unturned to ensure that we built the party as a united force that could be trusted by Nigerians and which had to be reckoned with by our competitors.
"We owe these leaders an enormous debt of gratitude, knowing that history will remember them as a group of people who sacrificed enormously to help consolidate democratic governance in the biggest black nation on earth," he explained.
The event was hosted by the Chairman South-west Governors' Forum and Lagos State Governor, Sanwo-Olu.
Other state governors who attended the event include Biodun Oyebanji (Ekiti), Lucky Aiyedatiwa (Ondo), and Dapo Abiodun (Ogun).
Leaders at the meeting were: former Interim National Chairman of APC, Chief Akande; former Ogun State governors, Chief Osoba and Ibikunle Amosun, Lagos GAC leader, Tajudeen Olusi, among others.
The event also attracted a large audience of party leaders and stakeholders from the South-west, including senators, members of the House of Representatives, State House of Assembly members, and local government officials, among others.
EDUN CONFIRMS SALE OF CRUDE OIL, REFINED PETROLEUM PRODUCTS IN NAIRA FOR CURRENCY STABILITY
According to the committee, from October 1, 2024, the Nigerian National Petroleum Company (NNPC) commenced the supply of approximately 385,000 barrels per day (bpd) of crude oil to the Dangote Refinery, with payments made in Naira.
Continued on page 10 towards economic sustainability and currency stability,” The Cable quoted Edun as saying. Last month, the Technical Sub-Committee on Domestic Sales of Crude Oil in Local Currency revealed that President Bola Tinubu had given the green light for crude oil to be sold to local refineries in naira.
This partnership is expected to reshape Nigeria’s oil and gas landscape, as the Dangote Refinery,
This decision, according to the committee, would also apply to the purchase of petroleum products.
located in Lekki, Lagos, is Africa’s largest oil refining facility, valued at over $20 billion.
The government had previously outlined that this initiative would reduce pressure on the naira, eliminate unnecessary transaction costs, and ensure a steady supply of petroleum products across the country. This innovative approach is expected to improve the country’s macroeconomic indicators,
including foreign exchange reserves. Chairman of the technical committee and FIRS boss, Zacch Adedeji, explained that under the initiative, crude oil would be sold to the Dangote Refinery in exchange for refined petroleum products such as Premium Motor Spirit (PMS) and diesel.
These products would then be supplied to the domestic market for distribution, with payments
also made in naira.
“Diesel will be sold in Naira by the Dangote Refinery to any interested off-taker while PMS will only be sold to NNPC, which will then distribute it to various marketers,” Adedeji explained.
The meeting, which ratified the operational framework, brought together notable figures, including the Minister of State for Petroleum (Oil), Heineken Lokpobiri; the
Special Adviser to the President on Revenue, the Special Adviser to the President on Energy, Olu Verheijen; the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA),
Farouk Ahmed; representatives of the Dangote Group, and top management of the NNPC, led by the Group Chief Executive Officer (GCEO), Mele Kyari.
SOUTH-WEST APC LEADERS...
L-R: Minister of Marine and Blue Economy, Alhaji Gboyega Oyetola; former Governor of Ogun State, Senator Ibikunle
and Suites, Victoria Island in Lagos…yesterday
Alake Kicks against State Govts’
Interference in Mining Operations
James Emejo in Abuja
The Minister of Solid Minerals Development, Mr. Dele Alake, has cautioned against arbitrary closure of mining operations by state governments, warning that such an act could abort efforts by the federal government to attract Foreign Direct Investments (FDI).
He handed down the warning while announcing a fact-finding committee to look into the face-off between the Osun State government and Thor Explorations Limited, owners of the Segilola Resources Operating Limited over taxation and operational matters.
Alake’s warning was contained in a statement by the Special Assistant on Media to the minister, Segun Tomori in Abuja yesterday.
He warned that mining operations and regulations are the exclusive rights of the federal government and not the sub-nationals.
The minister directed the committee headed by the Permanent Secretary of the Ministry, Dr. Mary Ogbe to probe
the claims and counter-claims by the Osun State government and the private firm by engaging both parties towards resolving the dispute and restoring industrial harmony.
He observed that the federal government has been marketing opportunities for investments in the solid minerals sector across the world and cautioned that closure of mining operations by sub-nationals could abort efforts to attract Foreign Direct Investments (FDI) and provoke divestment.
“Indiscriminate closures of mining operations by sub-nationals raises the risk of discouraging foreign direct investments and even worse, possible divestment by existing companies. Mining is on the exclusive legislative list.
The Ministry of Solid Minerals should be consulted before such disruptive actions are taken,” Alake asserted.
The minister reiterated the federal government’s interest in raising the tempo of productive activities nationwide to boost economic growth, increase
PDP’s Disciplinary Committee Set to Commence Work, Pledges Fairness, Appeals for Support
Ahead of the October 24
National Executive Committee (NEC) meeting of the Peoples Democratic Party (PDP), the Tom Ikimi-led National Disciplinary Committee (NDC) of the party yesterday said it was set to commence work. It also pledged to be fair to all members that would be invited, and sought the support of all members of the party. The committee also pledged to be transparent and fair to all members that will appear before it.
A statement by the committee's Chairman, Chief Ikimi, said: "As the NDC sets to commence its sitting/hearing, and while looking forward to the receipt of petitions and complaints from aggrieved members, through the party’s National Working Committee (NWC), or as may be appropriately brought to
its notice, the NDC, hereby assures the generality of party members, including the PDP leadership and all stakeholders, of its preparedness to deal with all complaints/petitions fairly, firmly and transparently and all in accordance with, and obedience to the dictates of the PDP constitution, which has clearly spelt out the ‘offences and sanctions.’ Accordingly, Ikimi said: "We are hopeful that our fairness, firmness, and decisiveness will restore the hope and confidence of our great party to meet the expectations of our teeming membership nationwide and the suffering Nigerian public that is desperate now for an appropriate national leadership.
"We therefore urge all members of the PDP and its leadership to give the committee the support and cooperation necessary to carry out its assignment successfully," he said.
employment and community development.
Alake stressed that any cessation of industrial production will undermine the goals of economic prosperity, deny workers the opportunity to earn income, and further contribute to adversity.
The minister then called on both parties to co-operate with the fact-finding team and allow production to continue while the issues are resolved.
“I hereby call on His Excellency, the Governor of Osun State, Senator Ademola Adeleke
and the management of Thor Exploration Limited to sue for peace and industrial harmony in the interest of the workers and their dependents who may be adversely affected by closure of operations at the factory,” he added.
Akpabio: National Assembly will Guarantee Full LG Autonomy
Sunday Aborisade in Abuja
The President of the Senate, Senator Godswill Akpabio, has again pledged that the National Assembly will amend the current legislations that had impeded the administration of local councils in the country to guarantee the third tier of government full autonomy.
Akpabio identified the state and local government joint accounts committee and the state Independent Electoral Commission laws as legislations that the National Assembly would amend to grant full autonomy to local governments in the country.
The former governor of Akwa Ibom State, gave the assurance at Independence High School, Ukana, Essien Udim Local Government Area, shortly after participating in the local government elections held
yesterday in Akwa Ibom State.
A statement by the Special Assistant to the President of the Senate on Media and Communication, Anietie Ekong, quoted Akpabio as urging the people to participate no matter what the outcome would be.
He said: “For me, I believe strongly in the autonomy of local government and the Supreme Court has recently given a verdict that there is a need for the funds of the local government to go directly to the local government.
"It will still need a bit of parliamentary tinkering for that to become a reality as a result of various provisions in the 1999 Constitution.
“Like the joint local government account committee and the provision of the state Independent Electoral Commission laws. My coming here today is to participate
in the local government polls and to observe the conduct of the election by the state government.
“Sometimes, you hear that the local government election is conducted and the ruling party in the state will win all the positions available.
"So, it was necessary for me to come and see how such feats are achieved.
“With the avalanche of support that you have seen that I have in my senatorial district and local government, of which you are all witnesses, how do people normally score 100 per cent?
"So, it simply means that if elections are allowed to be free and fair that the political parties will choose people based on their competence and not on the basis of the ruling parties in that state.
“It calls to question the conscience of Nigerians, the need
for us to examine our conscience, the need for us to ensure that every vote counts, the need for us to deepen democracy and allow democracy to work.
"If democracy does not work at the grassroots level, it means that development will never trickle down to the common man.
“That is the reason that despite many other engagements I came down to participate since Akwa Ibom is said to be doing local government election today. So, I came to exercise my franchise and also meet with my people.
“My message to the people is to vote whether you win or you don’t win, the joy is being able to exercise your franchise, and having the right to vote. The rest of getting it right will need parliamentary input and executive push and even the assertion of the judiciary,” he said.
LCCI: Exemption of Cooking Gas, Diesel from VAT will Reduce Cost of Living Seeks full implementation of crude-for-naira for local refineries
Dike Onwuamaeze
The Lagos Chamber of Commerce and Industry (LCCI) has lauded the federal government’s decision to exempt cooking gas and diesel from Value Added Tax (VAT) and other incentives in the oil and gas sector, saying the steps will lower the operational costs for industries, reduce the overall cost of living for Nigerians, and increase access to clean energy.
The federal government had announced the introduction of incentives, including VAT Modification Order 2024 and notice of tax incentives
for deep offshore oil and gas production.
In its reaction, the LCCI said these measures will lower the operational costs for industries, reduce the overall cost of living for Nigerians, and increase access to clean energy.
She also said the transition to Compressed Natural Gas (CNG) mobility would offer an opportunity to make energy more affordable, create jobs, and reduce emissions.
The Director General of LCCI, Dr. Chinyere Almona, in a statement issued yesterday, highlighted some quick impact fiscal interventions that could ease the harsh economic
conditions.
LCCI argued that businesses have been struggling to survive under the tight monetary stance of the government for the past 18 months.
Almona said: “We acknowledge the significant step towards alleviating the burden on businesses and households by removing the Value-Added Tax (VAT) on diesel and cooking gas.
“This well-considered move will provide immediate relief, especially as these commodities are essential to daily life and economic activities.
“Implementing the VAT Modification Order 2024 and Notice of Tax Incentives for Deep Offshore
Oil & Gas Production are significant fiscal incentives that can revitalise Nigeria’s oil and gas sector,” she said. She recalled that for too long, the high cost of diesel had weighed heavily on the manufacturing sector, logistics, and transportation while cooking gas, a cleaner and healthier alternative for households had been made less affordable by VAT impositions.
“This policy shift will undoubtedly lower the operational costs for industries, reduce the overall cost of living for Nigerians, and increase home access to clean energy,” Almona said.
Members of the fact-finding committee include representatives of the Federal Inland Revenue Service (FIRS), Ministry of Labour and Employment and the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).
Chuks Okocha in Abuja
Amosun; Ondo State Governor, Mr. Lucky Aiyedatiwa; Ekiti State Governor, Mr. Biodun Oyebanji; former Minister of Solid Minerals Development, Dr. Kayode Fayemi; Chief of Staff to the President, Hon. Femi Gbajabiamila; Lagos State Governor and APC South-west Coordinator, Mr. Babajide Sanwo-Olu; Ogun State Governor, Prince Dapo Abiodun; National Vice Chairman of APC, South-west, Hon. Isaac Kekemeke; former Governor of Ogun State, Chief Olusegun Osoba; and APC National Secretary, Senator Ajibola Basiru, during the party’s South-west Zone Assembly meeting at the Eko Hotels
CELEBRATING MEMBER OF INNER BAR...
Teachers' Day: Tinubu Restates Commitment to Teaching Profession Through Policies, Legislation
Saraki, Obi, Oborevwori eulogise teachers NUT bemoans shortage of teachers in schools
Chuks Okocha and Kuni Tyessi in Abuja
President Bola Tinubu has reiterated the commitment of his administration to the teaching profession through government policies and legislations in the area of availability of access, professional development, motivation, as well as monitoring and evaluation systems in all practical terms.
This is as former Senate President, Dr. Bukola Saraki; and the presidential candidate of the Labour Party in the 2023 general election, Mr. Peter Obi, commended teachers in the country for their role towards the development and service to humanity.
Delta State Governor of Delta State, Hon. Sheriff Oborevwori, has also challenged teachers to continuously upgrade their knowledge and teaching skills.
But the Nigeria Union of Teachers (NUT) has revealed an alarming manpower crisis where some primary schools in the country are barely manned by one or two teachers.
Tinubu, who stated this yesterday in Abuja during the commemoration of the 2024 World Teachers’ Day,
said the commitment hinged on the role teachers play in shaping the future of education and the urgent need to incorporate their perspectives into educational policy and decision-making processes.
Represented by the Secretary to the Government of the Federation, Senator George Akume, the president said in line with the 2024 theme tagged: ‘Valuing Teacher Voices: Towards a New Social Contract for Education,’ Nigeria had joined the world with various legislations and policies to reposition teaching to attain professional status.
He added that his administration would continue to leave no stone unturned in promoting teachers' welfare and quality of education.
He said: "I am aware that this year's commemoration emphasises the pivotal role that teachers play in shaping the future of education and the urgent need to incorporate their perspectives into educational policy and decision-making processes.
"Government policies and legislations have ensured availability, accessibility, professional development, motivation, monitoring and evaluation system, in practical terms.
In the same vein, the Minister
of State for Education, Dr. Tanko Sununu, said the Federal Ministry of Education is fully committed to ensuring that teachers are empowered and equipped for the task ahead.
Meanwhile, former Senate President, Saraki and the presidential candidate of LP in the 2023 election, Obi have commended teachers in the country for their service to humanity.
Saraki, in his message on the occasion of World Teachers’ Day, described them as "the unsung architects of our minds”.
According to Saraki, "They shape our thinking, mould our beliefs, and ignite the curiosity within us. Their influence is profound, yet often overlooked.”
He added: "Today, let us all take a moment in our respective homes to honour the teachers who have guided us, inspired us, and shaped us into the individuals we are today."
On his part, Obi said: "On this World Teachers’ Day, I join the global community in celebrating members of a very unique profession that forms the basis of human development."
He said World Teachers’ Day is a day to celebrate all teachers, especially teachers in Nigeria, whose
dedication and resilience have kept the fires of the education sector burning, even against all odds.
Also speaking on the occasion of this year's celebration of Teachers' Day held in Asaba, Delta State capital, Oborevwori, represented at the occasion by his Deputy, Sir Monday Onyeme, said: "Teachers and educationists must continuously upgrade their knowledge and teaching skills and adapt to changing situations very quickly."
NUT Bemoans Shortage of Teachers in Schools
Meanwhile, as part of the activities to celebrate the day, the NUT yesterday revealed an alarming manpower crisis where some primary schools in the country are barely manned by one or two teachers.
The National President of NUT, Audu Amba, who spoke in Abuja, said the manpower crisis has left pupils to suffer learning poverty with a bleak future ahead.
According to him, the situation in Junior and Senior Secondary Schools, especially in rural communities, is worrisome.
“In Nigeria, UBEC (2024)
New SAN, Paul Obi Tasks CJN on Judicial Reforms, Hails Crude-for-Naira Policy
Alex Enumah in Abuja
A Senior Advocate of Nigeria (SAN), Sir Paul Obi, has urged the new Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, to sustain the ongoing reforms at the apex court and the entire Nigerian judiciary to overcome the current challenges in the justice sector.
The senior lawyer also commended the federal government for embracing the Dangote Refinery and approving the crude-for-naira policy.
Obi stated these recently in Abuja at a ceremony organised to celebrate his elevation to the prestigious rank of SAN.
Obi, the Company Secretary of NIPCO Plc, was among the 87 successful lawyers recently conferred with the rank by the Legal Practitioners Privileges Committee (LPPC).
Addressing journalists, Obi, who said he was 34 years at the Bar,
thanked God for the honour to be a member of the "inner bar”, adding that the procedure for applying for the SAN rank was rigorous and very credible.
The senior lawyer, who emerged successful at his first application, advised lawyers to study the guidelines to ensure that they are technically qualified before they apply.
He said: "Yes the process is rigorous, but it has a high degree of integrity. It could be fine-tuned here and there, but all in all, it is a very credible and transparent process.”
Speaking on the high pump price of petrol, Obi commended the federal government for embracing the Dangote Refinery and for authorising the payment for crude oil supplied by the NNPC Limited to local refineries in naira.
Obi said the policy would curb the current volatility in petroleum
pricing in the country and ease the people’s suffering.
“It is good that the government is trying to do the right thing. They have embraced the Dangote Refinery and are supplying crude oil to it in Naira, which frees the pressure on foreign exchange in the country.
“If one or two of the government’s refineries start working, then the pressure we are having in that sector will certainly reduce, if not wiped off. If the government’s refineries are working, everybody will be happy,” he said.
While faulting the process adopted in deregulating the nation’s petroleum sector, the senior lawyer stated that, "it is good to deregulate, because that would free funds for the government and will also engender healthy competition in the industry but, there are certain fundamental things that should have been done before this full deregulation”.
According to him, one or two
government's refineries should have been made to work before the deregulation.
He added that, “with them (public refineries) working or even one or two of them working, and Dangote’s own working, the Nigerian citizens and masses would not have been suffering what they are doing today if these (government’s) refineries were put in place before deregulation”.
Among dignitaries at the well-attended event were Justices Emmanuel Agim and Chioma Nwosu-Iheme (both of the Supreme Court), Justice Kenneth Amadi (of the Court of Appeal) and Justice Ijeoma Ojukwu (of the Federal High Court).
Also at the event were Justice Emmanuel Sanyaolu (a retired judge of the Federal High Court), and Justice M. A. Oyafajo (of the Oyo State judiciary).
Justices Sadiq Abubakar and Tijani Abubakar (both of the Supreme Court) were represented.
survey indicates that there is a shortage of 194,876 teachers in public primary schools across the country,” he said.
Amba expressed displeasure over the non-implementation of some welfare packages for teachers announced by former President Muhammadu Buhari during the 2020 WTD.
He called on federal and state governments to ensure full implementation of the approved incentives to boost the morale of teachers in the discharge of their professional duties.
While congratulating teachers on their courage and sacrifices in the face of daunting challenges, Amba charged them to continue to uphold the ideals of the profession.
The Minister of State for
Education, Dr. Yusuf Sununu, while congratulating teachers for their tireless efforts, assured of the government’s support towards teachers empowerment and training in technological skills.
Sununu, who acknowledged the challenges of teachers, pledged the ministry’s commitment to address them.
“The Federal Ministry of Education is fully committed to ensuring that our teachers are empowered and equipped for the task ahead.
“We are working diligently to improve teacher training, professional development, and working conditions across the country,” he said. The awards for best governors were given to Kebbi, Borno, Oyo, Benue, Enugu and Kano states governors.
Doguwa Tackles Kwankwaso, Says He Hasn’t Recovered from 2023 Defeat
Chuks Okocha in Abuja
The Chairman of the House of Representatives Committee on Petroleum Resources (Upstream), Hon. Alhassan Doguwa, has replied to the statement by the presidential candidate of the New Nigeria People’s Party (NNPP) in the 2023 general election, Rabiu Musa Kwankwaso, that Nigerians would vote out the All Progressives Congress (APC) in the 2027 polls.
Kwankwaso, while speaking at a political gathering in Kano on Thursday, said Nigerians, especially northerners, were tired of the APC and would change it in the 2027 presidential election.
Reacting in a statement issued in Abuja yesterday, Doguwa said Kwankwaso was yet to recover from the defeat he suffered at the hands of President Bola Tinubu during the 2023 presidential election.
According to him, the former Kano State governor was hallucinating about the 2027.
Doguwa, who represents Tudun Wada/ Doguwa Federal Constituency of Kano State, said Kwankwaso should stop the hallucinations and face his imminent retirement from the political scene in 2027.
“At a political gathering on Thursday, my colleague in the House of Representatives in the 3rd Republic, Kwankwaso, took his hallucination to the moon when he said Nigerians are tired of APC and will change it in 2027. As we all know, President
Bola Ahmed Tinubu is not leaving any stone unturned in his quest to return our country to the path of progress and prosperity for the benefit of all,” he said.
Doguwa said President Tinubu took over the mantle of leadership in the country 16 months ago when the economy was in terrible shape in all spheres.
He said that since assuming office on May 29, 2023, President Tinubu has been working genuinely to correct the fiscal misalignments, the bane of the country’s economic downturn.
Under President Tinubu, Doguwa said the country has attracted foreign direct investments worth more than $30 billion in 16 months. He said President Tinubu has paid a forex backlog of $7 billion and cleared the ways and means of over N30 trillion he inherited from the last administration.
“President Tinubu reduced the debt-service ratio from 97 per cent to 68 per cent and kept our foreign reserve at $37 billion. Only this week, the Economic Stabilisation Bills have been transmitted to us in the National Assembly to stimulate our productive capacity and create more jobs and prosperity in the country,” he said.
In the area of security, he said the government had eliminated over 300 Boko Haram and bandit commanders, including Kachalla Halilu Sububu, who terrorised the people in Sokoto, Zamfara, Katsina and Kaduna states for over five years.
L-R: Chairman of Ogberuru Patriotic Union, Lagos branch, Chief Enoch Otum; Ezi 1 of Ezimba, Ogberuru community in Imo State, HRH Eze Michael Igwenma; Managing Partner, PC Obi & Co, Chief Paul Chukwuma Obi (SAN); Chief Ndubisi Ohia; and Lady Maryanne Obi, at the conferment of Senior Advocate of Nigeria on Obi at the Supreme Court’s premises, Abuja
CIVIC DUTY…
President of the Senate,
Legal Scholar, Epiphany Azinge, Crowned 14th Asagba of Asaba
Ibori, Bishop Chukwuma, others grace event
Omon-Julius Onabu in Asaba
The city of Asaba, Delta State capital, was yesterday filled with the air of royalty, and unblemished culture and tradition as a legal icon and erudite scholar, Obi Professor Epiphany Chigbogu Azinge (SAN) was crowned as the 14th Asagba of Asaba in a colourful ceremony attended by distinguished personalities across the country.
Obi Azinge, who succeeded another cerebral son of Asaba Kingdom, Obi Prof. Chike Joseph Edozien who joined his ancestors earlier this year, was presented with a staff of office, the official symbol of his authentic royal authority, by the son of the late Asagba and Ochendo Asagba, Louis Edozien, at the ceremony held at the Asagba Palace in Asaba.
Obi Azinge also took the oath of office as he vowed to respect and uphold the customs and traditions of the famous kingdom of Asaba. Sons and daughters of Asaba Kingdom in their characteristically resplendent attires denoting peace, thronged the event.
Important dignitaries also graced the occasion as the new Asagba of Asaba formally kick-started his reign on the throne of his forebears as
the 14th Asagba of Asaba.
During the relatively brief but impressive ceremony, which took place at the palace of the late Obi Edozien in Asaba, the Ochendo Asagba, Louis Edozien, who held brief since February 13, 2024, transferred the Asagba's Staff of Office, to Obi Azinge, formally through the Onihe of Asaba, Chief Ubaka Atu.
The Onoi Ahaba, Obi (Dr) Benibe Ugboko, presented the keys to the Ogwa-Ukwu to the new Asagba, while the Onyeudo of Asaba, Chief Austin Ndili, who heads the traditional Court of Appeal, also presented the keys to the court to the new Asagba through the Onihe.
The anointing of the new Asagba by the Onihe followed, after which he was formally crowned the 14th Asagba of Asaba in the presence of former Governor of Delta State, Chief James Ibori; the Anglican Bishop of Enugu Diocese, Emmanuel Chukwuma; members of the Asagba-in-Council, Obis, Olinzeles, chiefs, among other traditional title holders and eminent personalities from within and outside the state.
Before transferring the symbol of authority to the new Asagba, the Ochendo of Asaba recalled the transparent process that led to Obi
Azinge’s emergence from among 10 contestants, describing him as the right person for the throne.
Edozien expressed confidence that Obi Azinge would diligently
continue to advance the desired cause of the kingdom like his predecessor and solicited the support of all and sundry.
In his acceptance speech, Obi
Azinge, who was flanked by his wife, Agu Nwanyi Valerie Azinge (SAN), thanked the Ochendo for effectively midwifing the peaceful and transparent process that
led to his selection and urged other eminent contenders who were not as lucky as he was to join him in giving Asaba a purposeful reign.
Woodhall Capital has announced its partnership with the NigerianAmerican Chamber of Commerce (NACC) for their upcoming breakfast meeting with the theme, ‘How the Changing Banking Sector Landscape Can Support Nigeria's Socio-economic Reforms’.
The session, scheduled for October 8, 2024 in Lagos, will equip Nigerian and American businesses with insights and strategies for navigating the current economic landscape.
In a statement, the acting Director General, NACC, Ms. Wofai Samuel, also disclosed that during the breakfast meeting, Woodhall Capital would honour Mo Abudu with the
Visionary Leadership Award as she celebrates her 60th birthday.
“Mo Abudu has significantly influenced the growth of the entertainment and media sectors in Nigeria, promoting cultural exchange between Nigeria and the United States,” she said.
She added that the immediate past President, Chartered Institute of Bankers of Nigeria (CIBN), Mr. Kenneth Opara, will be the guest speaker of the meeting.
The discussants, according to her, include: Chief Executive, American Business Council (ABC), Mrs. Margaret Olele; former Director, Central Bank of Nigeria (CBN)/ Chairman, ICC Banking Commission of the International Chamber of
Commerce Nigeria, Dr. Omolara Akanji.
Also, on the panel to review the guest speaker’s presentation is President, Manufacturers Association of Nigeria (MAN), Otunba Francis Meshioye, while Founder/Chairman of Proshare, one of Nigeria’s leading financial hubs, Mr. Olufemi Awoyemi will moderate the session.
The chief host is the National President, NACC, Alhaji Sheriff Balogun.
The Founder, Woodhall Capital, Mojisola Hunponu-Wusu, said the collaboration with NACC would enhance business relations between both countries while recognising the achievements of Mo Abudu.
FUBARA’S PROXY PARTY, APP, WINS 22 CHAIRMANSHIP SEATS IN RIVERS LG POLLS
Rivers Political Events
Mirror Past Crisis in Western Region, Jonathan Warns
In a statement issued yesterday, Jonathan said the tension in Rivers State poses a significant threat to peace and stability, not only within the state but also across Niger Delta.
Jonathan said conflicting court orders issued by courts of concurrent jurisdictions were part of the issues hampering democracy.
He said if not checked, the situation could derail Nigeria’s democracy and cause ridicule for the judiciary.
She said Mo Abudu’s work had “elevated the creative landscape in Nigeria and contributed to the country’s global presence. This partnership aims to facilitate discussions that will benefit businesses on both sides of the Atlantic”.
Woodhall Capital is a leading financial advisory firm that has raised over $5 billion from various funding sources across the globe. The funds have been raised to support local financial institutions, multinationals and conglomerates operating in various economic sectors in Nigeria and across Africa. On the other hand, NACC remains Nigeria’s foremost bi-lateral chamber established in 1960.
He described political election processes as the cornerstone of democracy because they give the people an opportunity to choose their leaders.
He stated: “Elections are the cornerstone of democracy because they are the primary source of legitimacy. This process renews the faith of citizens in their country as it allows them to have a say in who governs them.
“Every election is significant, whether at national or sub-national levels as it counts as a gain and honour to democracy. It is the responsibility of all stakeholders, especially state institutions, to work towards the promotion of a sound democratic culture of which periodic election stands as a noble virtue.
He said: “The political happenings in Rivers State in the past days is a cause for serious concern for everyone, especially lovers of democracy and all actors within the peace and security sector of our nation.”
“Democracy is our collective asset; its growth and progress are dependent on government commitment to uphold the rule of law and pursue the interest of peace and justice at all times. Institutions of the state, especially security agencies must refrain from actions that could lead to breakdown of law and order.”
Speaking further, he emphasised that being the gateway to the Niger Delta, a threat to the Rivers State’s peace poses serious security implications to the region.
He added: “Rivers State represents the gateway to the Niger Delta and threat to peace in the state could have huge security implications in the region. Let me sound a note of caution to all political actors in this crisis to be circumspect and patriotic in the pursuit of their political ambition and relevance.”
He, therefore, called on the NJC to take action to forestall a proliferation of court orders.
“I am calling on the National Judicial Commission to take action that will curb the proliferation of court orders and judgments, especially those of concurrent jurisdiction giving conflicting orders. This, if not checked, will ridicule the institution of the judiciary and derail our democracy.
“The political situation in Rivers State, mirrors our past, the crisis of the Old Western Region. I, therefore, warn that Rivers should not be used as crystals that will form the block that will collapse our democracy. State institutions especially the police and the judiciary and all other stakeholders must always work for public interest and promote common good such as peace, justice, and equality,” he concluded.
Explosions Rock Rivers APC Secretariat,
Obio/ Akpor LG council
Meanwhile, there were reported incidents of explosions at the state secretariat of the APC and Obio/ Akpor LG council.
Reacting to the explosion at the party’s secretariat along Aba Road in Port Harcourt, the Chairman of the Caretaker Committee of the party in the state, Mr. Tony Okocha urged the federal government to save them from the continuous attack.
Confirming the two explosions, the spokesperson of the Rivers State Police Command, Grace Iringe-Koko said the command had commenced an investigation into the explosions that occurred at the secretariat of the (APC) at 3 am, and another explosion
at the Obio/Akpor LG council in the state, which occurred at 3.30 am. Iringe-Koko disclosed that the perpetrators of both incidents came in a Toyota Hilux, adding that the command had deployed an Explosive Ordinance Disposal (EOD) and Anti-Bomb Squad to the incident scene.
Atiku Justifies LG Elections, Insists it's in line with Supreme Court Judgment
Meanwhile, former Vice President Atiku Abubakar, yesterday threw his weight behind the Rivers State LG elections, saying they were in line with the Supreme Court’s judgment ordering all local governments in Nigeria to hold their elections.
Senator Godswill Akpabio (left), and his wife, Unoma, casting their votes at Independence High School, Ukana, Essien Udim Local Government Area, during the local government elections in Akwa Ibom State....yesterday
COURTESY VISIT…
Abbas Excited by His National Honour, Says President Tinubu a Listening Leader
Adewale Akinwale in Abuja
This is just as the House of Representatives has commended President Tinubu for addressing what it called a “significant historical oversight” by conferring the GCON on Abbas.
The Speaker applauded
The Speaker of the House of Representatives, Hon. Tajudeen Abbas, yesterday said by upgrading his national honour to the Grand Commander of the Order of the Niger (GCON), President Bola Ahmed Tinubu has demonstrated that he is a listening Leader.
Abia Labour Party Chieftain Commends Party’s Leaders for Transparent Primaries
A chieftain of the Labour Party in Abia State, Mr. Nwabueze Onwuneme, has commended the leadership of the party both in the national and state as led by Senator Nenadi Usman and Chief Emmanuel Oti for the very peaceful and transparent way they held the primaries for the chairmanship and councillorship positions for the November 2 local government elections.
In a statement made available to newsmen yesterday, Onwuneme commended the leadership of the party both in the state and national for the transparent and
fair manner in which the primaries were conducted, leading to the emergence of credible and popular candidates that would fly the party’s flag in the election.
Onwuneme also commended Governor Alex Otti for being a true democrat by his non-interference in the process but rather left it in the hands of the people to freely make their choices.
He appealed to members of the party to rally round and ensure that all the party’s candidates emerge victorious in order to replicate the sterling governance performance the governor has been doing in the state to the local governments.
Tinubu for correcting the mistakes of the past by giving the House its constitutional status by conferring him with GCON. Tinubu had during his Independence Day anniversary address to Nigerians on October 1, announced the conferment of the Commander of the Federal Republic of Nigeria (CFR) on the Speaker and GCON on the President of the Senate and the Chief Justice of Nigeria (CJN).
However, the House, through a motion by Hon. Philip Agbese and 249 others, called on the president to correct the mistake by granting the House the same status as the Senate in the conferment of the national honours.
The House decried the discrimination it had suffered over the years not just regarding the National Honours but also in some quarters, where a segment of Nigerians referred to it as the
“lower chamber” even when the constitution places both chambers of the National Assembly on the same pedestal. Following the House resolution, Tinubu on Friday announced the withdrawal of the CFR honour and the conferment of the GCON on the Speaker. Abbas, in a statement signed by his Special Adviser on Media and Publicity, Musa Abdullahi
The President of the God’s Kingdom Society (GKS), Felix E. Adedokun, is to feature in a television interview programme on Black Community Canada Television, Brampton, Canada.
A statement by Benedict T. Hart, General Secretary, GKS disclosed that the programme will be broadcast on Saturday, October 12, 2024 in Brampton, Canada.
According to the statement, the GKS President would use the opportunity to speak on Freedom Day and the Feast of Tabernacles.
The statement reads “May glory, honour and praises be to God Almighty and His Son Jesus Christ for His enduring mercies on us His children by His grace.
“I am instructed by the Executive Board of God’s Kingdom Society (GKS) - The Church of the Living God - to inform you that the President of the Church, Brother Felix E. Adedokun, will be featuring in a television interview programme on Black Community Canada Television, Brampton, Canada.
“The programme will be broadcast on Saturday, October 12, 2024 at 4.30 p.m.at the local time in Brampton, Canada, which is 9.30 p.m. here in Nigeria by God’s grace. The President will use the opportunity to talk on the Freedom Day and the Feast of Tabernacles by God’s grace.
“Members can watch the broadcast on YouTube using the following address httos://youtube. com/@blackcommunitycanadatv.
Kuni Tyessi in Abuja
The Minister of Women Affairs, Mrs. Uju Kennedy-Ohanenye, has said her ministry will enhance the reintegration process of the discharged female soldier, Ruth Ogunleye, to enable her to adapt easily to her new situation.
Ogunleye was recently discharged from the Nigerian Army after a panel of inquiry investigated her alleged case of
sexual abuse and molestation by some senior officers.
The panel had concluded that the ex-female soldier raised a false alarm, but she disagreed with the outcome of the investigation.
Mrs. Kennedy-Ohanenye gave the assurance at the weekend when she received Ogunleye in her office, in Abuja.
She stated that the ministry would create an enabling environment to enable her to access funds and
also acquire skills in Information Technology (IT).
In addition, the minister said arrangements were also made by the ministry to obtain a scholarship that would see her through her life’s ambition of becoming a professional nurse. She said: “The ministry is in liaison with the Office of the
Special Adviser to the President on Technical, Vocational and Entrepreneurship Education (TVEE) to enable Ruth Ogunleye to
Krishi, said President Tinubu had demonstrated good leadership in his action.
“I thank President Bola Ahmed Tinubu, for correcting the mistakes by past administrations of not giving the House its constitutional recognition. The President has once again demonstrated his democratic credentials of being a true democrat, an objective, and a listening leader.
Women Affairs Minister Pledges Enhanced Reintegration for Discharged Female Soldier
acquire relevant skills, especially in ICT within the shortest possible time, and thereafter, she will be provided with the necessary equipment for an online IT job.”
She commended Nigerians who took time, through various social media platforms to keep the citizens and government abreast with sinister happenings in the society, with a view not only to create awareness but also, to ensure that solutions were proffered.
500 Nigerians Register for Evacuation from Lebanon
About 500 Nigerians have registered with the Nigerian Embassy in Beirut, Lebanon for evacuation as the conflict between Israel and Hezbollah intensifies.
However, it is estimated that more than 2,000 Nigerians reside in Lebanon, many of whom remain reluctant to return home despite ongoing efforts by the embassy to persuade them to leave.
The spokesperson for the Ministry of Foreign Affairs, Ambassador Eche Abu-Obe, stated this in a statement yesterday.
“Presently, about 500 Nigerians have registered with the mission, however, there are more than 2,000 Nigerian citizens residing in the country.
“Even though most of them have not indicated a willingness to return home despite the persuasion by our embassy, we will continue to do everything
to ensure the safety of our citizens,” it read in part.
The statement noted that the federal government, led by President Bola Tinubu, has activated emergency evacuation protocols in response to the deteriorating security situation in Lebanon.
The Ministry of Foreign Affairs, in collaboration with the National Emergency Management Agency (NEMA), Department of State Services (DSS), and other
relevant agencies, is coordinating the evacuation process.
“The Ministry of Foreign Affairs in collaboration with the Presidency, National Emergency Management Agency, Department of State Services, National Intelligence Agency, Nigerian Immigration Service, Nigerians in Diaspora Commission, and other relevant bodies, is coordinating the evacuation exercise to ensure the safe return of Nigerians from Lebanon.
Wema Bank Partners FG to Empower 500,000 Women
To promote gender equality and economic empowerment, Wema Bank has partnered the Federal Ministry of Women Affairs to launch the MOWA-SARA Accelerator Programme.
The initiative aims to equip 500,000 women across Nigeria with vital vocational and business management skills.
standing signing ceremony at the Ministry of Women Affairs in Abuja.
The 24-month programme is designed to bridge the gender inclusion gap by providing women with access to finance, market, networking opportunities, and healthcare.
“Nigeria’s ever-evolving macroeconomic landscape calls for an acutely intentional approach to providing tailored solutions and opportunities to empower our people, especially women.”
“We understand this need as captured in our mission of empowering lives through innovation and we are very intentional about tailoring our empowerment efforts to the needs of our diverse customer demographics.” HousecommendspresidentforawardingspeakerGCON
This was disclosed at a Memorandum of Under-
According to the bank’s Executive Director of Retail and Digital, Tunde Mabawonku,
Mabawonku emphasised the programme’s potential to empower women to thrive in Nigeria’s challenging economic landscape.
“Our goal is to help women
navigate the challenging economic terrain by providing them with skills for self-employment, resources for productivity, and support for success.
L-R: Former Attorney-General of the Federation and Minister of Justice, Senator Kanu Agabi, SAN; Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, SAN; Chairman, Council of Legal Education, Chief Emeka Ngige, SAN, during a courtesy call on the minister in his office in Abuja…recently.
Michael Olugbode in Abuja
Editor: Festus Akanbi
08038588469 Email:festus.akanbi@thisdaylive.com
Nigeria Faces Supply Crunch as Used Vehicle Imports Plummet
With the sharp decline in used vehicle imports in Nigeria and the corresponding shortage of
strain an already challenging economic environment, writes Festus Akanbi
There are indications that the biting economic challenges in Nigeria are already taking a toll on the nation’s auto industry as import bills on used vehicles, popularly known as ‘Tokunbo’, fell by 83 per cent year-on-year to N138.62 billion in H1’23.
According to the National Bureau of Statistics (NBS) report, in Q1 ’24 no used vehicle was used vehicles that were imported in Q1’23, while the value of imported used vehicles stood at
NBS noted that the used vehicles were imported mainly from the United States of America, stating: “On the other hand, total imports from
To protect the local auto market and to create jobs for Nigerians, the federal government introduced a new set of taxes on imported vehicles, among other things last year. The new tax regime stipulates that imported vehicles
charge known as Import Adjustment Tax (IAT) levy of two per cent of the value of the vehicle, while vehicles with 4,000 capacity (four litres) and above engines will attract IAT of four per cent of their value.
importers of vehicles. However, vehicles below 2000cc, mass transit buses, electric vehicles, and locally manufactured vehicles are exempted from the IAT levy.
The government also revised the import prohibition list, including motor vehicles used more than 12 years from the year of manufacture.
With a huge gap in local vehicle production and the economic situation which makes it hard
car, many Nigerians are highly dependent on imports of used cars, popularly called ‘Tokunbo’, to meet demand amid reports that 63 per cent a car without some kind of support.
In 2013, the federal government established the National Automotive Industry Development Plan (NAIDP) to attract foreign direct investment (FDI), curtailing the dependence on the importation of vehicles, and promoting local production of automobiles.
As Clearing Agents, Car Dealers Count Losses
Some car dealers who spoke with THISDAY last week blamed the fall in vehicle importation partly on forex exchange (FX) scarcity, the increasing devaluation of the naira against the dollar, and the increasing fall in the purchasing power of the people.
Similarly, some clearing agents, while lamenting the attendant lull in business activities said the drop in vehicle importation is already taking a serious toll on port activities, “At the moment, the ports are “dry”, Frederick Atufe, a port operator in Lagos lamented.
He disclosed that the development has pushed up prices of used vehicles to the roof as dealers had to rely on the few units in their possessions for their income. He added that the scenario will lead to job losses as many people relying on used imported vehicles for commercial activities are becoming jobless these days because it is vehicles needed for their operation.
This, according to him, is in addition to the prohibitive cost of fuel and the hardship that has forced many prospective customers to cut costs by curtailing their movements from place to place. He explained that as the cost of transport continues to go up, many Nigerians have reduced their movement, saying the cost-cut measures
Sources, however, said the drop in vehicle importation has led to the booming smuggling
of vehicles through the nation’s borders. Some car dealers told THSIDAY that although the importation of used vehicles from Nigerian ports has reduced, some people are still smuggling used vehicles through the Nigerian borders.
“We have seen a lot of cars being smuggled through neighbouring countries - mainly from Benin,” the source said. This, according to the source is because Benin maintains low import been beset by chronic congestion in its ports.
Analysts said the fall in vehicle import came as a shock considering some palliative measures introduced by the current administration. Last year, the federal government suspended the implementation of the Import Adjustment Tax (IAT) and Green Tax imposed on certain vehicles. The IAT which was approved by former President Muhammadu Buhari took
In addition to the suspension of IAT, the Green Tax has equally been suspended. (The federal government introduced a green tax made up of excise duty on single-use plastics (SUPs), at a rate of 10 per cent).
In another breadth, the federal government cent penalty previously imposed in addition to import duty on improperly imported vehicles. A statement quoting the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, said the measure was to ease the stress in the economy. Thousands of vehicles are improperly imported into Nigeria, often from land borders with neighbouring countries such as Benin and Niger. Many such cars do not undergo proper documentation at customs, including payment of levies, leading to the the owners of such vehicles eventually decide to register them. It is that penalty that has now been suspended.
When the fall in vehicle importation reached year, the Comptroller General of the Nigeria Customs Service, Adewale Adeniyi, explained that vehicle importation dropped by such a margin due to foreign exchange challenges in the country.
that were brought into Nigeria in that period.
“And they were not the kind of cars that fetched optimum revenue for the customs. Not only cars, but even regular imports were import raw materials as they wanted and the volatility did not allow them to plan for tomorrow,” the CGC stated. Speaking on a programme monitored on ARISE NEWS, the customs boss was optimistic that things had started picking up in the second quarter of the year, saying, some of the policies being put in place by the current administration would change the narrative. The 83 per cent fall in the has changed.
Data from the International Trade Administration of the United States showed that Nigeria’s annual vehicle demand was 720,000 units, while local factories could only produce a fraction of 14,000 units annually, resulting in a substantial shortfall that necessitates imports to meet consumer needs.
According to the National Bureau of Statistics,
from the United States and the United Arab Emirates.
The consensus among transporters, clearing agents, and car dealers is for the government interest of the economy. It may not be a bad in vehicle importation tax especially given the inadequacy of the few vehicle assembly plants in the country to meet demand.
Imported used vehicles
ENGAGEMENTS
With Neither Fanfare Nor Flourish: For Yakubu Gowon at 90
Between 1967 and 1970, Nigeria narrowly escaped the misfortune of going into oblivion. An unnecessary war was raging here. People were dying on an industrial scale, from bullets and hunger. Most of the deaths were unaccounted for. Some inconsequential people emerged from the mayhem as war heroes and illustrious generals. What the British cobbled together in 1914 stood a clear chance of unraveling through the recklessness of politicians and the crass indiscipline and rascality of ambitious young army officers. Above it all, one man literally stood between a nation and its demise. General Yakubu Gowon stood sentry between the demise of a nation and its survival and reinvention into a new reality. On the 19th of this month, General Yakubu Gowon turns 90, an occasion that deserves both personal and national celebration. It is also a milestone for recalling, especially to younger generations, General Gowon’s often forgotten historical significance in our nation.
Nigerian history suffers a habitual amnesia. We tend to forget important things and celebrate the ephemeral and inconsequential. For some reason, General Gowon has not been sufficiently acknowledged or sufficiently celebrated. This great statesman and exemplary African soldier has neither been sufficiently acknowledged nor adequately celebrated. The Nigerian military institution which produced him has not sufficiently memorialized him. The civil populace has not quite adopted him as a Nigerian equivalent of America’s Abraham Lincoln.
Instead, it is those officers who came into national prominence and leadership under his command that have assumed colossal national political leadership since the end of the war. In the post civil war era, the trend of political succession tempted many to think that the return of Nigerian democracy was all about using political leadership to express gratitude to war time generals. Obasanjo returned to power as an elected president. Buhari did the same. Babangida almost did. Many others aspired but did not quite get there. Among political pundits, there was an emerging postulation that the war time general was a new typology of political leadership in Africa’s quest for democratic leadership in the post military era. In this tradition, Gowon never featured as a favourite possibility. He has also not been acknowledged by corporate Nigeria either even as a honorary member of a blue chip company. Even in a nation where religion has become an industry and prayer a cure-all, none of the nation’s industrial Pentecostal conglomerates has adopted Gowon as either a mascot or figurative inspiration. Somehow, in a society that erects past leaders into social icons and living deities, Gowon has hardly featured either as a media favourite nor as a political mascot. The reasons may be implicit in the man’s very character. Gowon is not even a “Chief” in a nation where chieftaincy titles are lavishly dished out to miscreants by equally vagrant vagabonds! Gowon has not been seen taking to the dance floor to dance and entertain. His modest personal home in Plateau state has hardly been mentioned as an architectural landmark on any scale. It is on record that the house is a donation, made possible by the charity of associates and friends who were ashamed on his behalf many years ago. He has not been seen receiving political pilgrims as a political oracle. He has not featured profusely on the board list of blue chip companies. Nor has he been mentioned as a recipient of many oil wells. Even in the realm of his more serious carriage, I am not yet aware of too many universities named after Yakubu Gowon. Even though he went ahead to cap his political and historical achievement with a doctorate degree after office, Gowon has not been traversing the globe lecturing everyone else on nation building, leadership and post war reconciliation, areas in which he is eminently super qualified. In all fairness, General Gowon has not quite made himself available for popular adoption as either a political, social or economic icon. To the best of my knowledge, Gowon has neither
formed nor joined any political party. He had not even advocated or canvassed any known political viewpoint in our noisy national supermarket of changing political standpoints. Somehow, he has managed to stay above the fray of political regionalism and partisan … Yet, the theology of national unity on which he led the nation and prosecuted the civil war remains the most unassailable political idea that should power a truly nationalist political party or movement.
On the contrary, General Gowon has chosen the path of genteel honour in the classic tradition of the ‘officer and gentleman’. More the statesman and nationalist than a partisan figure, he has reached out to his civil war adversariesOjukwu before his death, Wole Soyinka etc.- while maintaining his dignified distance from his more controversial former subordinates.
More importantly, General Gowon has played above the fray of Nigeria’s rough and tumble political partisanship. In a period of all manner of extremism, Gowon has remained the eternal moderate. Instead, General Gowon has remained above the kind of rabid partisan political alignment that has torn the nation apart in recent times. He has remained more of the balanced non- partisan , and calming statesman who is respected and revered all over the country.
General Gowon answered the call of the nation when we needed him most. Our fate was hanging on a delicate balance. Our unity in diversity was in peril. The institutions of our nationhood and cohesion were threatened to breaking
point by the vicious forces of sectionalism and bad politics. The forces of division overwhelmed those of cohesion. Tragedy beckoned. Conflicting allegiances broke into open conflict. Blood flowed across the land. Above the carnage of war and the booms of the guns of clashing armies, the nation was in dire need of restorative leadership.
Historic necessity and circumstantial providence chose him as a vehicle for the restoration of national unity and healing. As Head of State and Commander in Chief of the armed forces of a war-torn Nigeria, General Gowon rose to the occasion of the historic challenges of the moment.
The soldier in him had to fight a war to save his nation. As a statesman, he had to reunite a nation that was unraveling under his watch. As the leader of a nation engulfed by the flames of war and the fire of hate, General Yakubu Gowon’s tasks were defined by the moment. He had to mend the broken bonds of neighbourliness and communal harmony.
Over and above the clashing weapons of war and the raging cries of agony, over and above the bleeding wounds of conflict and the breakdown of communal harmony, General Gowon’s voice rose with a clarion call: “To Keep Nigeria One is a Task that Must be Done.” The world heard him. His field commanders obeyed his order. The combatants saw reason and heeded his call.
In January 1970, the combatants in our civil war bent their swords towards peace and were swayed by Gowon’s logic. Warriors on both sides sheathed their swords and calm returned to our troubled land. The broken bonds of national unity began to mend. Reconciliation replaced animosity as adversaries reunited as neighbours. General Gowon had scored a historic vindication. His leadership doctrine of the pursuit of peace and harmony through necessary means prevailed.
It is a tribute to General Gowon that Nigeria was rescued from the brinks of disintegration
and returned to the path of unity and nation building. An atmosphere of mutual respect and true reconciliation in peace returned. For this great achievement, General Gowon ranks highly among the great war leaders and peace builders of the world like Abraham Lincoln, Winston Churchill and Rwanda’s Paul Kagame. He replaced tears with smiles of survival, hate receded and yielded for reconciliation.
It is to Yakubu Gowon’s credit that the Nigerian civil war ended without leaving a bloody trail of residual armed conflict, lingering bitterness and pockets of hate. Under his post war policy of Reconciliation, Rehabilitation and Reconstruction, a nation previously torn by the devastation of conflict and the tragic loss of lives embraced national unity and the restoration of harmonious communal living. The world has since acknowledged the management of the end of the Nigerian civil war as a global example of conflict resolution and post war healing.
It remains remarkable that even after the civil war, General Gowon did not see the end of the war as the end of the unfinished task of nation building. He instead resumed the uncompleted task of nation building from where our founding fathers left off. There was the urgent necessity to redress the structural imbalance of our federation which had bred the regional inequities that helped to produce the subsequent civil war. He adopted the state structure as a cardinal innovation to realign the federation by diminishing the power of regions.
Beyond this urgent political imperative, General Gowon realized that post -war Nigeria was a ‘new’ nation that needed to be prepared for new roles in a new and fast changing world. To strengthen the bonds of national unity, General Gowon initiated some national unity programmes some of which have remained part of the architecture of our nationhood till today. These include the introduction of the National Your Service Corp (NYSC) Scheme, the Unity Schools system, the Federal Character principle and the unified national command for the national military and the police.
Above all else, General Gowon was a visionary leader. He saw Nigeria beyond the resolution of the war. In preparation for a new, more modern nation, General Gowon introduced an indigenous national currency, the Naira to replace the colonial relic of the British Pound. To bring Nigeria in line with its regional socio economic environment, he initiated the switch of Nigeria from left hand drive to right hand drive which brought the country in line with the trend among its Franco-phone neighbours. To crown his efforts of regional integration in West Africa, General Gowon was one of the pioneer leaders that established the Economic Community of West African States (ECOWAS) in 1973.
General Gowon, even out of office, has remained a committed leader and statesman. Out of office, he has spent decades as an agent of peace and harmony. His prayer movement “Nigeria Prays” has continued to inspire Nigerian Christians, irrespective of ethnicity and region , to see the power of prayer in guiding human affairs. He has gone about this endeavour without the fanatical sectarianism that has come to characterize the faith sector of Nigerian social life.
It is a testimony to the impeccable credibility of this remarkable citizen that his name still continues to evoke respect across generations and sections of Nigerians. As a result, he has escaped the hostile branding and extremist perceptions that greet most Nigerians leaders of his age and generation. He has no labels or badges except those of honour as a leader who is acknowledged as the father of a reunified Nigeria. It is generally acknowledged that without his statesmanship and remarkable leadership, Nigeria would have been a different and perhaps worse place than the nation we know today. Or, worse still, there would have been no Nigeria today as we have come to know it. Therefore, as he turns 90, we need to welcome General Yakubu Gowon into the pantheon of those human deities that have made Nigeria possible and enduring even with its imperfections.
Gowon
Democratic Governance, White South Africa and Superpower Rivalry: What Future for Africa?
Sooner than later, Africa may be another RussianUkrainian or Israel-Palestine conflict zone simply because of disagreement over democratic governance, impending conflict between the White South Africans struggling for independence, and deepening rivalry between Russia and the United States in the use of Africa as a proxy battle ground. For instance, the more the African Union, and particularly the ECOWAS, is talking about zero tolerance for unconstitutional change of government either in the ECOWAS region or in the whole of Africa, the more the unconstitutional changes of government that now characterise governance in Francophone Africa.
Many questions arise in this regard: why are the coups only occurring in Francophone Africa? Democracy was not allowed in the succession processes when the Chadian president, Idris Déby Itno, died in the battle field. The military council simply stepped in to impose the succession of his son for the purposes of continuity. The coups in Mali, Guinea, Burkina Faso and Niger occurred thereafter. When the coup d’état in Niger took place, everyone thought no one would contemplate coup-making again. The coup in Gabon not only occurred, an attempted coup took place again in Benin Republic last week. All the countries with military junta in power are former colonies of France. Why are the coups restricted to the Francophone countries? What really is the problem? What is the problematic?
The problem is democratic governance which is generating political controversies. The problematic is the conflict between the African Union’s zero tolerance for unconstitutional change of government and the quest of the peoples in the various coupstates to stop French neo-colonialism in all ramifications in their countries. The two interests are conflicting, and therefore, are not only under-developing Africa but also directly militating against the cardinal objective of continental unity and integration as envisaged in 1963 and particularly as articulated in the 1980 Lagos Plan of Action and the 1991 Abuja Treaty Establishing the African Economic Community. But what really is the situational reality with democratic governance and African Unity in light of Africa as an object of international rivalry?
Democratic Governance and Coups
Democracy has always been a major issue in the political governance of Africa since the time of general independence in the 1960s. By that time, coups d’état were the features of political governance in the former British colonies. For example, four of the countries having the highest number of military coups since 1952 were said to be English-speaking countries: Sudan led with 17 coups. Ghana and Sierra Leone followed with 10 coups each, while Nigeria recorded 8 coups.
The thinking then was that the military coup mentality was a resultant from British style of colonial direct rule as distinct from France’s policy of assimilation. France’s former colonies were then considered revered democracies. In fact, there was a type of centrifugal rivalry between the Francophone and Anglophone African countries that led to mutual suspicions. France came openly to support the Francophones while Britain kept its distance cautiously. The Francophones were thinking and acting together. They gave active support to the testing of French atomic bombs in the Reggane area of the Sahara while the Anglophone Nigeria and Ghana were vehemently opposed.
But true enough, when France reportedly brought foreign mercenaries to invade Togo in 1963 and President Sylvanus Olympio was killed in the process, Nigeria was brought into direct confrontation with France, prompting Nigeria’s formulation of exceptions to the principle of non-intervention in the domestic affairs of other sovereign States. With the French-assisted attack on President Olympio, France became the first country to oust an elected government in Africa. In spite of this, the Francophone countries were still reputed thereafter to be peaceful and democratically well oriented. But this would not be so for too long. Even though French President, François Mitterrand, made democracy, in his statement at the 16th Franco-African Summit
held in La Baule-Escoublac in southern France, a conditionality for development assistance and dictatorship was completely jettisoned in principle, democratisation was hardly complied with in practice. France that initiated the principle eventually made a nonsense of it and coup-making never stopped.
In the past few years, Mali, Chad, Burkina Faso, Guinea, and Niger recorded coups d’état. Considering that the sanctions taken by the ECOWAS against Mali, Burkina Faso and Guinea did not appear to have weakened them, the ECOWAS decided to take more serious sanctions against the coupists in Niger. The sanctions included land and air border closures, attachment of Niger’s financial assets in ECOWAS countries, suspension of Niger from the activities of the organisation and threats of military invasion of Niger. A 7-day ultimatum was even given but all to no avail. In spite of the stiff sanctions, and probably because of the non-implementation of the threat, the Gabonese coup was organised after that of Niger.
Unlike others, the rationale for the Gabonese coup appeared to be more of opposition to the evolvement of a presidential monarchy and incapacity. It should be recalled that Ali Bongo was first elected in 2009 and the legitimacy of his election was queried. Most Gabonese believed that André Mba Obame won the election. Again in 2016 when Ali Bongo stood for re-election against former Minister of Foreign Affairs, Jean Ping, he reportedly won with 64% of the votes but only narrowly won in the Haut Ogooué region considered to be the fiefdom of the Bongo family. The problem with the announced results was that he did not only prevent international observers from monitoring the polls, but also ensured that the polling station records of which he purportedly won massively were destroyed. The opposition
Russia says it has a foreign policy of respect for Nigeria’s sovereignty and always adheres to the principle of non-interference in the domestic affairs of other countries. Russia appreciated its high level ties with Nigeria and has reassured of its ‘unwavering support for the leadership and the people of Nigeria’ in its letter to the Government of Nigeria. To what extent can Russia come closer to Nigeria and the United States will opt to observe without complaint? Can Nigeria under President Bola Ahmed Tinubu act the way the Niger of Abdulrahamane Tchiani reacted to the US Department of State’s delegation to Niamey when the delegation told the military junta not to have anything to do with Russia and Iran? As regards how to stop foreign-supported leadership attitude towards democracy, or being foreign stooges and how to prevent the likely intervention of foreign powers, especially that of the great and superpowers, Nigeria should simply engage in the promotion of citizen diplomacy in Africa, re-introduce Nigeria’s policy of non-acceptance of foreign military bases in Africa, redefine liberal democracy in the mania of Africana, and also à la Nigeriana, as well as rejig Nigeria’s foreign policy beyond the policy of the 4-Ds. The need to accredit Plenipotentiaries has become a desideratum.
parties rejected the results and the military intervened, claiming that the election ‘did not meet the conditions for a transparent, credible and inclusive ballot so much hoped for by the people of Gabon,’ to borrow the words of Paul Melly, a consulting Fellow with the Africa Programme at the Chatham House in London, as quoted.
When Ali Bongo was planning for a third term earlier this year, the issue of his state of health was raised, having suffered a stroke in 2018. His father, Omar Bongo, had ruled Gabon for more than four decades. Allowing another term gave the impression of perpetuation of Bongo dynasty to which the Gabonese were opposed. This is how democracy is managed in Africa and people are complaining.
And perhaps most disturbingly, there was still another coup plan scheduled to take place on Friday, 4th October, 2024 but nipped in the bud on Tuesday 01st October 2024. As reported, an ex-Sports Minister, Oswald Homeky, was caught while handing over six bags of money to the commander of the Republican Guard, Elonm Mario Metonou. The report also had it that Colonel Djimon Dieudonnée Tevoedjre was being bribed not to resist the coup d’état being planned in Benin Republic and designed to take place the following Friday. Some suspects have been detained. They included Mr. Olivier Boko, a businessman and friend to President Patrice Talon who had reportedly indicated interest in contesting in the next presidential elections in Benin. In essence, the coup plan was quickly nipped in the bud.
That the coup was nipped in the bud is not important. What is important, but disturbing, is the will and quest to still want to change power by unconstitutional means which raises many questions. Who really are those interested in political dictatorship in Africa? Are there foreign powers instigating dictatorship? Can the people of Africa not stop French neo-colonialism without the use of force? Can the foundational principles of France’s special and privileged relationships not be renegotiated? Why should the ECOWAS and the African Union be seeking to sanction people for seeking to liberate themselves from recolonization or from neo-colonisation? Is the position of the African leaders not anachronistic?
Whatever is the case, democracy has become a political burden rather than an asset in Africa. It is in the name of democracy, especially democratic freedoms, that national constitutions are also abused, that presidential terms are tampered with, and that Africa now has a category of sit-tight presidents and presidential monarchies. Without any jot of doubt, liberal democracy is on a gradual decline even in the United States. The role of former US president, Donald Trump, sitting down comfortably in the White House to watch his supporters violently attacking the US Congress is unbelievable but true. It was the most unacceptable type of coup against democracy.
As at today, records have it that 78% of the 27 coups d’états that have taken place in Sub-Saharan Africa since 1990, took place in Francophone Africa. Francophone Africa that used to be a beacon of democracy is now the leader in coup-making, not necessarily for purposes of regime change, but essentially to protest against French re-colonisation. And this brings us to the issue of current and impending socio-political problems and the likely intervention of the great and super powers in the resolution of the problems.
White South African Autonomy: Quo Vadis?
Africa is currently challenged by four main problems of political governance: how to respond or permanently prevent coup-making, how to respond to the struggle by White South Africans seeking independence, how to stop foreign-supported leadership attitude towards democracy, and how to prevent the likely intervention of foreign powers, especially that of the great and superpowers.
First, on how to respond to coup-making, answers must first of all be found to the issue of the Commander of Presidential Guards. Is it possible to have people who be reliable to the tune of 50% and not politically very ambitious? This is a major and critical causal dynamic of coup making. It is, more often than not, the guards that are officially assigned to protect a democratically-elected president that are also compromised and used to oust the elected President. When the commanders of brigade of guards are much friendly with their principals, coups are generally not bloody. Presidents are allowed to go and rest without much qualms. When the contrary is the case, blood stains can always be expected. The Tchiani coup in Niger, the Joe Garba coup against General Yakubu Gowon in Nigeria, etc. are good illustrations of this point. Additionally, can there not be an alternative arrangement to presidential guards in the quest to protect the president? This year alone, there have been two attempts to kill former President Donald Trump. Attempts to kill are other forms of coup d’état at the individual level. This means that the life of any leader cannot but always be at stake. Killing the leader of a government and taking over his power forcefully or otherwise is largely either a resultant of bad governance or sustaining bad governance by foreign powers which, in most cases, engenders the oppression of those opposed to the foreign-supported leader of the country. Thus, how to always ensure good governance is one antidote but which does not guarantee that presidential guards would not have presidential ambitions.
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TINUBU’S DRIVE FOR FOREIGN DIRECT INVESTMENTS
The administration’s policies are having positive impact on the investment landscape, writes TEMITOPE AJAYI
In his independence anniversary broadcast on October 1st, President Bola Tinubu enumerated his administration’s efforts to drive foreign direct investments into the country. He noted that within the his administration, the government had billion in FDI.
A section of the social media and television punditry that delights in criticising any announcement from the government has gone into overdrive since the broadcast. Led by a desire to put a dagger at any positive news, they have been trying to outdo themselves, all to prove that the President made false claims. Fact-checkers are racing to determine who can fact-check the most. I told a few friends who have harangued me that there is nothing absolute about any fact-checking, especially if the factcheckers themselves do not know better. It is all a matter of perspectives and what is being checked.
ExxonMobil, during a meeting with Vice President Kashim Shettima in New York last week, revealed its plan to invest $10 billion in Nigeria’s deep waters to increase the nation’s crude oil output. Similarly, Total Energies announced a million investment in non-associated gas exploration and production. All these were based on President Tinubu’s Executive Orders for the Oil and Gas Sector. Based on pronouncements by various companies and investors represents a summary of the new round of investments that are committed to Nigeria:
One, ExxonMobil - $10 billion: ExxonMobil commits to invest the announced sum in expanding Nigeria’s deepwater oil production.
A distinction should be made between attracting and securing investments.
Many other processes are involved in the intervening period before they fully crystalise. Many critics are only focused on capital importation. That is a limited view of the investment process.
It is important to emphasise that attracting local or foreign investments into the economy. Investments could come from new foreign or local investors seeking to establish new ventures in the country or existing investors who want to expand their investments and footprints.
the G20 Summit in India in August last year, he had the commitments of Indian businessmen who pledged to make a combined $14 billion additional investment in Nigeria. Some of the Indian businessmen have existing businesses in Nigeria. The chairmen of Indorama and Bharti Airtel were in the room with President Tinubu when these announcements were made. The President didn’t impose these commitments on them. They saw the need themselves because of their being championed by the current administration.
At the meeting in New Delhi, Airtel Chairman Mr. Sunil Bharti Mittal said his company planned a $800 million network expansion in Nigeria. In March this year, data centre at the Eko Atlantic City in Lagos. President Tinubu was right in his broadcast speech when he said his administration had attracted more than of these investments are in-country in the form of machinery and raw materials, some in cash, and some at various stages
A few days ago, the Special Adviser to the President on Energy, Olu Verheijen, hinted at new investments in the oil sector
see statements from key Oil and Gas players to back her up.
Two, India - $14 billion: During President Tinubu’s visit to India, a range of investments were announced, including: its petrochemical and fertiliser plant in Nigeria.
expansion.
production.
Three, Coca-Cola—$1 billion: CocaCola’s global leadership recently visited President Tinubu and re-committed to the $1 billion they announced in 2021 to expand its distribution network and product range. Coca-Cola paused the investment in 2021 and is now ready to continue because the government is policy issues that delayed the investment.
Four, APPL - €9.2 billion: Alternative Petroleum & Power Ltd (APPL) is developing the Hydrogen Polis project to produce green hydrogen derivatives like green methanol and ammonia in Akwa
direct and indirect jobs.
Five,. Maersk—$600 million: Maersk is investing in Nigeria’s port infrastructure to increase cargo capacity and improve logistics.
Industrial Platform is focusing on revitalizing Nigeria’s cotton and textile industries. Afrexim Bank supports this investment.
billion country risk guarantee and funding mechanisms to support various projects, particularly in the manufacturing and energy sectors.
investment is mainly directed at expanding LNG production, renewable energy projects, and infrastructure development within Nigeria’s energy sector.
Nine, Total Energies / NNPC Project
Taken together, these are positive signs of the impact that the administration’s policies are having on the investment landscape in Nigeria. They speak to faith in the Government’s policies, the Nigerian economy, and the Nigerian people.
POWER GRAB AS ELECTORAL COMMISSION BILLS
IFEANYICHUKWU AFUBA argues against the establishment of local government electoral commission
There is currently a bill in the Senate for establishment of a so - called Local Government Independent Electoral Commission. Sponsored by Senator Sani Musa, an APC Senator from Niger State. The bill seeks to supplant the States Independent Electoral Commission with a federal agency in the conduct of local council elections. On the heels of Senator Musa’s bill, another draft was presented in the House of Representatives on Thursday, September 26, 2024 by Hon Ugochinyere Ikenga. The latter bill seeks legislative empowerment for the INEC to henceforth conduct local government councils polls.
Both bills are strange even as they are touted as necessary follow - up to the Supreme Court judgement of July 11, 2024 which upheld local government autonomy.
In an indirect reference to Musa’s bill which President, Godswill Akpabio recently stated: “I thank President Bola Tinubu for looking for a way to bring the all - needed autonomy to the local governments through the intervention of the Supreme Court.” THISDAY, 19 September, 2024 reports that the Senate President in a statement by his Special Assistant, Media, James Umoh further said: “The Senate, under my leadership, will tinker with the Constitution, to ensure that the judgment is fully implemented without any loopholes for manipulation by the practitioners.”
Notwithstanding the stylish dressings by Musa, Akpabio, Ikenga and their supporters, it would be an understatement to describe the said bill as vexatious. The proposal is divisive and insensitive. Aside from being a power grab bid, it’s a hollow piece of political engineering capable of worsening Nigeria’s federalist and electoral crises.
The draft bill follows a beaten path; a with fringe matters of Nigerian government refusal to deal with fundamental issues behind the Nigerian crisis, on the other hand. Consider, for instance, that between 2010 and 2018, six amendments were made to the 1999 Constitution, none of which addressed substantial issues such as federation imbalance, enforcement of federal character in appointments by the President; or the unitarist character of the 1999 Constitution.
So, what is the basis for creating a central electoral body to take over the function of local council election from State Independent Electoral Commissions? How does the Supreme Court order for federation account allocations to be paid directly to local governments; and for withholding of allocations of non - elected councils warrant the creation of this proposed electoral commission? Let it be said clearly that the Supreme Court judgment does not need a prop for it’s enforcement. The sanction of withholding federation account allocation for non elected councils ordered by the judgment is already an inbuilt regulator to hold council polls when due.
Admittedly, the conduct of local council polls by SIECs has largely translated to mockery of participatory democracy, with the ruling party in each State winning virtually every chairmanship and councillor seat. But the solution does not lie in appropriating the responsibility to the federal government. The INEC which is established in the Constitution as a federal institution has a notorious record of preponderance of election petitions that INEC - conducted polls have thrown up. Serious allegations of electoral fraud have followed the September 21, 2024, Edo State governorship election conducted by the INEC.
Thus, no meaningful purpose is served by having the elections superintended by a federal agency. And the federal government, has as much partisan interest in local government elections as State governments, both being competitors for power. If the concern behind Senator Musa’s and Hon Ikenga’s bills is timely, free and fair election, the desideratum is already settled. Nigerians have been waiting for implementation of Justice Mohammed Uwais Electoral Reform Report, especially on divesting the President of power of appointing members of the electoral commission. The seminal recommendation nominated by the National Judicial Council the Presidency in the execution of their mandate. But 14 years after this brilliant proposal, the political class will not lift a Rather political actors such as Senator Sani Musa and Hon Ugochinyere Ikenga want the Presidency to retain power of appointment of electoral commissioners in a supposedly better, democratic deal for local government councils.
Divesting the President and Governors the authority of shortlisting candidates for composition of INEC and SIEC respectively, would aid the cause as well as course of free and fair elections. But assigning the federal executive the responsibility of local government election naturally domiciled with the State tantamounts to a power grab by the government. It’s an established principle of democratic federalism that local governments are the business of States. Consequently, the said bills entail stripping the States of their rightful sphere of authority. They simply marginalise and emasculate the States. Considering that decades of military rule has already made the federal government a behemoth, the referenced bills before the Senate and House of Representatives are frightening. And it’s so sad that their proponents, presumed defenders of freedom and democracy, do not seem to recognise the dangers of an almighty central government in a federalist republic.
Afuba is Director, Public Administration Circle, Awka
-Ajayi is Senior Special Assistant to the President on Media and Publicity
Editor, Editorial Page PETER ISHAKA
Email peter.ishaka@thisdaylive.com
THE SIX-YEAR SINGLE TERM DEBATE
The challenge of the present system is not in the number of years or terms, but in good governance
The debate on the number of years and terms a Nigerian president or reopened last week by the presidential candidate of the main opposition Peoples Democratic Party (PDP) in the 2023 general election, former Vice President Atiku Abubakar. In a letter to the National Assembly, requesting an amendment to the Constitution to allow for a six-year single term for the president and state governors, Atiku recommended that six geopolitical zones of the federation on a single South on the single term of six years respectively.” He then urged the federal lawmakers to “amend Section 135(2) to read: ‘Subject to the provisions of subsection (1), the president shall of a period of six years.’”
While we have no problem with politicians throwing up ideas that they believe could help enhance democratic culture in Nigeria, we hasten to express our reservations about opening another round period. The socio-economic challenge in the country requires serious attention and the current administration should not be given an excuse for work avoidance. Besides, there is nothing new in what Atiku is proposing nor is it a solution for what ails us as a country. In 2011, former President Goodluck Jonathan canvassed it on the basis that it would stem political acrimony during change of government and cut down drastically on costs were not persuaded by his argument and the motive.
term so that the money we spend in running elections and the problem of chief executives concentrating to come back, using resources and instruments of state can be overcome”. That efforts also came to nought.
We understand that those enamoured by a single term for the president and governor may be worried about the trajectory of our democracy, particularly re-election pressures on the system. Campaigns and elections cost the nation a staggering amount of money that could have been put to better use in creating employment for the jobless and building infrastructure across the nation. However, even with all its limitations and imperfections, a two-term of four years each for president and governor, as presently practiced, makes for better accountability than a one term of six years.
Even with all its limitations and imperfections, a twoterm of four years each for president and governor, as presently practiced, makes for better accountability than a one term of six years
SUNDAY NEWSPAPER
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CHAIRMAN EDITORIAL BOARD
EDITOR NATION’S CAPITAL THE OMBUDSMAN
THISDAY NEWSPAPERS LIMITED
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In September 2017, then Deputy Senate President, Ike Ekweremadu, who also chaired the National Assembly Constitution Review Committee, raised the same issue when he had in audience the ambassador of Mexico to Nigeria. Mexico practices a presidential system of government with a singleterm presidency of six years. Nigeria, according to Ekweremadu, was looking at “a possibility of constitutional reform that can guarantee a single
Protest is one of the ways used by citizens to draw the attention of the government to pressing issues that are not being appropriately addressed. Most of the demands of the organizers of the #FearlessInOctober protest have either been resolved or are being addressed while others are not in the best interest of the country. Moreover, protests in Nigeria that are tagged as peaceful often end with some elements of violence, leading to disruptions of economic activities and loss of lives and property; the #EndBadGovernance protest is an example. In this light, there was no need for the protest .. The federal government has commenced paying the new national minimum wage, and therefore state governments and members of the organized private sector who have not started should follow suit. It’s important that government enforces it. The national minimum wage has a multiplier effect on the economy; it will boost employee productivity,
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reduce brain drain, and stimulate demand for goods and services. For some time now, many businesses have been struggling in Nigeria, with many going under due to low sales stemming from the low disposable income of the Nigerian worker.
According to the National Bureau of Statistics, Nigeria’s headline inflation on a yearon-year basis has eased for two consecutive months ; dropping to 33.40% from 34.19% in July, 2024 and dropping further to 32.15% in August,2024.The drop in July, 2024 was the first time since December,2022. While this is commendable, the government is not resting on its oars, as it recently raised the Monetary Policy Rate by 50 basis points to 27.25%. I expected this rate hike in light of the new national minimum wage implementation. In a bid to eliminate banditry and terrorism in the northwest of the country, President Bola Ahmed Tinubu recently ordered the Chief of Defence Staff and Minister of State for Defence
A single term, according to most analysts, is not only a constraint to continuity and predictability, but a “blow to presidential accountability” at the federal level.
Aside the foregoing, in all the African countries where term limits have been tampered with, it has become an instrument of manipulation by the sitting incumbents who would, to elongate their tenure, suggest going back to the previous arrangement in what has become a vicious cycle. Therefore, what Nigeria sorely lacks and needs, especially at this period, is good governance, not another sterile present system is not in the number of years or terms, but rather in lack of good governance across board. The problem is not how long or short the tenure of a president or governor is, but how we elect them and the structure of the institutions.
most of our citizens, what Nigerians demand, and deserve, is not the subterfuge of tinkering with the governance anchored on meeting the aspirations of the people, at practically all levels. We must put an end to the obsession on how politicians acquire on how they can deliver the public good.
to relocate to Sokoto State. This move has already yielded remarkable results. The federal government has also deployed 10,000 agro rangers to safeguard farmlands and protect farmers from escalating attacks in 19 states of the country. In an effort to curb oil theft, the Chief of Defence Staff recently inaugurated a joint monitoring team to enhance military operations in the South-South region of the country. Generally, the level of insecurity across the country has dropped significantly, but there is still much to be done and the government is aware.
The request for the reversal of the removal of the fuel subsidy is retrogressive. This government has decided to do things differently in order to achieve better results. Yes, it has resulted in a hike in the cost of transportation; therefore, to alleviate this, the government has started distributing CNG buses and conversion kits across the country, with CNG tricycles to be distributed to youth
in the pipeline. CNG is a much cheaper alternative to PMS whose price is expected to drop when domestic refineries come fully on due to economies of scale, competition, and the envisaged increase in the value of the naira due to reduced FOREX pressure.
The government has frequently stated its commitment to reducing the cost of governance. However, the recent purchase of a new presidential jet has led people to question its commitment to this cause. The presidency needed a reliable aircraft, which is also more cost-effective than chartering aircraft and frequently maintaining old ones. President Tinubu gave a directive to reduce the size of the Nigeria’s delegation to the just concluded United Nations General Assembly as a sign of his administration’s commitment to reducing the cost of governance.
OLUFUNKE OKORO
Beyond Merchandise
In a few weeks, merchandising expert, Olufunke Okoro, will unveil her new retail store in Lekki, Lagos. Known for her dynamic approach to business, Okoro, the Managing Director of Dumare Limited, has built a robust client list that includes high-profile brands such as MTN, NNPCL, UBA, and others. During a recent visit to her outlet, Vanessa Obioha sat down with Okoro to discuss how her entrepreneurial spirit has driven her expansion into manufacturing and supply.
Local Content is the Way to Go If We Want to Grow the Economy
It’s easy to feel overwhelmed inside Olufunke Okoro’s new retail outlet in Lekki Phase 1, Lagos, which is yet to open to the public. Not in terms of direction, but in the sense of awe, where every item on display calls out to you, both financially and emotionally. Whether it’s the eyecatching artworks from revered artists like Michelangelo, or the sparkling gems in the jewelry cases, everything demands attention. Music and car enthusiasts will fall in love with the decorative gramophone and luxury car design portable Bluetooth speakers. There are also mugs adorned with warm messages for loved ones, flowers, and other elegant decorative items to beautify your space. Every corner offers something suited to different lifestyles.
No wonder that during a recent tour of the facility, few journalists, including myself, found ourselves reaching for our wallets or mentally bookmarking items for future purchases.
The retail store is the latest venture of Okoro, who started her company Dumare Limited as a procurement firm specialising in corporate gifts and promotional branding, before expanding into manufacturing and supply. Through her new retail outlet, she hopes to cater to a broader range of clients beyond her portfolio of high-profile brands like the Nigerian National Petroleum Company Limited (NNPCL), MTN, Stanbic IBTC and UBA.
“So many people come to us,” she explained. “They find us on Instagram or walk into our other offices, asking to buy items. We don’t sell retail, people have been trying for years to get us to do that. Sometimes, I do concession, sometimes I don’t, but I just thought ‘Why are we losing that market?’ We might as well just cater
for those people.”
Tall and curvy, Okoro, who hails from Iseyin in Oyo State, could easily pass for a runway model, though she laughed at the suggestion, claiming she’s “too curvy” for such a role. However, her focus was always on business.
“I’ve always been a business person,” she began. “Even while in school, when we go on summer breaks, I buy clothes, and sell them to my friends. That’s something I’ve always done. And when I finished school, I knew I wasn’t going to work for anybody. I knew I was going to start my business,” said Okoro who holds a degree in Psychology from the University of Ibadan and a master’s in Human Resource Management from Middlesex University Business School, United Kingdom.
Her first business was a facility management company, which she still runs. Dumare, however, was born out of her passion for procurement.
“I’m passionate about my phone. You’ll never catch me without it - I’m always online, researching and browsing for new things,” she recalled. This habit led her into the world of procurement.
“My friends would see something they liked and send it to me to help them get it, no matter where it was in the world. I pride myself on being able to source anything. There’s nothing in the world you’re looking for that I can’t get for you, even if it’s from Indonesia,” she said confidently.
What started as shopping for friends and family - clothing, furniture, and more - soon evolved into a business idea.
“I just thought this thing could turn into something else,” she continued. “And at that period, my hometown, Iseyin, was like the hub of aso-oke in Nigeria. When we were younger we used to visit there a lot and I had an auntie who wove clothes. So I began bringing aso-oke to Lagos, having them sewn and sending them to my friends abroad. This was back in 2013 before it became a trend. I would travel to Abeokuta, make them, and ship them out. That started the first chain of business for Dumare.”
Okoro later started selling to suppliers on
e-commerce platforms such as Etsy and Amazon. Her goal was clear— she didn’t want to be labelled a clothes seller, preferring instead to position herself in production. From these humble beginnings, her clientele expanded to include multinationals and banks. She became the go-to person for procurement and corporate gifts, always finding ways to source what her clients needed.
Then COVID-19 happened, halting imports. But instead of letting the pandemic slow her down, Okoro innovated once again.
“We started thinking, ‘How can we manufacture some of these things locally?’”
This led to the launch of Dumare’s manufacturing arm. Okoro and her team began producing leather bags and other items, sourcing materials locally.
“We went to the North, source for the leather, bring them back here and take them to Mushin where we have a factory and make them” she said, displaying a leather laptop bag and a knapsack adorned with aso-oke designs.
The pandemic also sparked another business idea for Okoro: producing personal protective equipment (PPE).
“Because of COVID, nobody could import from China, especially PPE. So, we began sewing nose masks. In Lagos alone, we supplied about 200,000 locally sewn masks. We also made bed sheets for hospitals, using locally sourced fabrics. It pushed us to take local production seriously. Today, we make bags and try as much as possible not to import leather goods.”
According to Okoro, the reception has been fantastic.
“Our clients are embracing it. Many now request 100% or 90% made-in-Nigeria products. Everyone is sensitive to the economic situation—there are no dollars to trade. If we want to grow our economy, that’s the way to go.”
Okoro’s trips to the North also opened new opportunities in supply chain management.
“By going to the north, we obviously
interfaced with farmers and their produce. Whenever I go there, I usually return with baskets of tomatoes bought at a very cheap rate. Baskets that we would normally buy in Lagos for N70,000 or thereabouts, I would buy them in the north for as low as N2,000. So, my friends showed interest and I began to buy for them. Again, we began to think about how we could link the buyers to the farmers.”
Today, Dumare has a thriving supply chain business, providing raw materials like cocoa to various industries. Okoro credits her entrepreneurial spirit to her mother, who taught her everything about business.
“My father was a medical doctor and my mother a nurse. Together, they had a hospital, but my mother was a serial entrepreneur. She would come to Lagos to get corporate clients and even owned a petrol station.”
Indeed, Edumare (God) has blessed Okoro - just like 2Baba sang in his 2006 hit, ‘See Me So.’ Inspired by the song, she named her business Dumare. Today, she’s not only a successful businesswoman, married with children but also a mentor, empowering the next generation of entrepreneurs. “There are many new entrants into the industry. I recently started a community for young entrepreneurs interested in merchandising. I’ve opened credit lines for them, increasing them as they make sales, so they don’t need capital to start. As a member of WIMBIZ, I also offer mentorship.”
With over 15 years of experience, Okoro is determined to guide the younger generation through the challenges of a business that was once stereotyped.
“I’ve been to industries where people sneer at me when they learn about what I do. It is often regarded as a man’s business. People undermine you because they perceive it as an unserious business, but I tell people that this business in Nigeria is a multi-billion naira industry, but a lot of people don’t know that. Getting clients then was difficult because they felt it was a hobby, but it was not. It’s a job. It’s what I do.”
Although more people are now interested in her field, Okoro’s ability to diversify still sets her apart.
“I’m into procurement, manufacturing, and supply chain. I’m multifaceted,” she concluded.
Okoro
with KAYODE ALFRED 08116759807, E-mail: kayflex2@yahoo.com
The Risky Lifestyle of Bobrisky
“If my child ever turned out like Bobrisky, I would feel I failed.” This is the kind of mean remark that some individuals have made upon encountering Idris Okuneye, better known as Bobrisky. The young man’s controversial lifestyle has sparked debates nationwide, with many worrying about the influence he might have on impressionable youths. Given his current case with the Economic and Financial Crimes Commission (EFCC), his fame is at an all-time high - so is the worry of the older generation.
In April 2024, Bobrisky was convicted for mutilating the naira, and given a six-month jail sentence. There were claims, however, that Bobrisky lived comfortably in a private apartment during this time, which he denied. Officials later confirmed that while he was held in the facility, his special treatment was for security reasons, due to his appearance and identity.
Bobrisky’s life has indeed been a series of scandals, from the recent legal troubles to social media drama. But these have only helped to put him at the centre of public scrutiny. Moreover, his bold defiance of norms has made him a focal point for criticism, especially from parents and community leaders who worry about his influence on young Nigerians.
Public figures like former Director General of the National Council for Arts and Culture, Otunba Olusegun Runsewe have urged parents to teach their children strong values. They argue that Bobrisky’s lifestyle directly opposes traditional African norms of decency and respect. As Bobrisky pushes boundaries, other reputable individuals like Runsewe have spoken out about how they feel these values are being tested.
Indeed, with a large social media following, Bobrisky’s influence is undeniable. Yet, his flamboyant persona and controversial behaviour leave many uneasy. In a society where cultural values run deep, it is only right for rational individuals to be vigilant against things that run against these values. Bobrisky tops this list.
“A man who tries to walk two roads will split his legs,” warns an old proverb. Bobrisky’s life, full of contradictions, reflects this truth. Especially now that he is playing Russian Roulette with bodies like the EFCC, who knows what a person like him could drag parents into in the name of defending their children?
...Amazing
Loyal to the Bone … Between Wike and Lokpobiri
No longer can Heineken Lokpobiri’s loyalty to Nyesom Wike, Minister of the Federal Capital Territory (FCT), be publicly considered a matter of political convenience. Despite holding significant positions over the years, Lokpobiri continues to credit Wike for his successes.
During a recent public event, Lokpobiri made it clear that Wike played a crucial role in securing his current ministerial position. The Ijaw man did not mince words when he revealed that his appointment as Minister of State for Petroleum was directly linked to Wike’s influence.
In Rivers State politics, loyalty like Lokpobiri’s is rare. Many political figures, like Governor Sim Fubara, have distanced themselves from Wike, despite once benefitting from his political machinery. Lokpobiri, however, remains steadfast, even as others choose to forge new alliances.
When Femi Soneye was first approached for the role of Chief Corporate Communication Officer at NNPCL, few
The ongoing power struggle between Fubara and Wike is the strongest proof of how quickly loyalties can shift in politics. Since coming into power, Fubara has moved to consolidate his power, going so far as replacing local council bosses aligned with Wike.
At first, Lokpobiri’s loyalty might raise questions about his character and motivations. But, unlike others, it is clear he prioritises personal loyalty over political expediency. This unique trait sets him apart from those in similar positions to him, many of whom appear to have distanced themselves from Wike for personal gain.
As Rivers State continues to witness political upheaval, Lokpobiri’s relationship with Wike could become even more significant. His unwavering support may secure him a powerful ally in future political battles. In contrast, those who break ties with Wike may find themselves vulnerable as the political landscape shifts.
Femi Soneye Making Huge Impact at NNPCL
might have predicted the immediate impact he would have. Today, only a year into his tenure, his expertise is reshaping how Nigerians and the world perceive the organisation.
Since his appointment in October 2023, Soneye has taken charge with a clear mission. He leads the NNPCL’s communication strategy. He is enhancing brand visibility and improving relationships with critical stakeholders. Through innovative campaigns, he has also elevated the NNPCL’s profile on both national and international platforms. Thus, it is partly to his credit that the narrative about the company is changing for the better.
One of Soneye’s standout achievements has been his proactive management of the media. His ability to humanise the NNPC brand has helped create a more relatable image for the public. And what about how he has transformed NNPC’s digital presence by engaging the public through social media platforms, leading to increased
followership and improved brand affinity?
Soneye’s success is also visible in the international arena. Under his leadership, NNPCL’s presence at events like the Nigeria International Energy Summit and COP28 in Dubai has solidified its standing as a global industry leader. This exposure has attracted new partnerships and further boosted confidence in NNPCL’s leadership.
Indeed, Soneye’s ability to foster positive relationships with key stakeholders, including lawmakers and the media, has been the biggest game-changer since he arrived as an NNPCL team player. His transparent communication strategy has alleviated potential crises and fostered goodwill. It is on this count that he was able to handle the Port Harcourt Refinery rehabilitation story, for example, and turn a potential PR issue into a victory for the NNPCL.
Soneye’s contribution to NNPCL cannot be overstated. In these times of economic hardship, his work offers hope that with the right talent, institutions like NNPC can thrive, much to the pride of Nigerians.
How Fidelis Ayebae is Driving Nigeria’s Pharmaceutical Renaissance
An old proverb says, “Talent without opportunity is like a bird without wings.” For Fidelis Ayebae, the opportunity has been the wind beneath his wings and propelling him to success. If there is no other indication of this, his leadership at Fidson Healthcare stands tall. It is what has transformed the company into a major force in Nigerian’s pharmaceutical industry.
Ayebae’s latest move is a $100 million investment in a state-of-the-art production facility in the Lekki Free Trade Zone. According to insider information, this facility will address critical gaps in Nigeria’s healthcare system, especially in the fight against HIV. With this project, Ayebae is positioning Fidson as a leader in pharmaceutical innovation.
In reality, it is not at all surprising what Ayebae is planning to do. It is no secret now that under his leadership, Fidson has consistently delivered groundbreaking solutions. The
company was the first in West Africa to produce antiretroviral drugs locally, and that alone changed the region’s pharmaceutical landscape.
Ayebae’s strategic vision has also led Fidson to partner with Chinese firms. The aim, a most ambitious one, for sure, has been to create a pharmaceutical hub that will boost Nigeria’s drug manufacturing capacity. Only time will tell the end of this awesome goal.
Ayebae’s leadership has also driven remarkable financial growth for Fidson. The company’s revenue surged by 30 per cent in 2023. Therefore, with this reflecting Fidson’s strong position in the industry, it is very clear that Ayebae’s ability to balance innovation with financial success is how Fidson became a dominant player in the sector.
Ayebae has also made significant contributions in other industries. His roles at NEM Insurance and Citibank are good
examples. Therefore, his broad experience demonstrates that, with the right opportunities, Nigerians can thrive in any field they pursue.
Tinubu and Ganduje: Cracks Beneath the Surface of APC
President Bola Tinubu and the All Progressives Congress (APC), Chairman, Abdullahi Ganduje, are believed to be facing tensions. Rumours of a rift between the two have emerged following repeated attempts to either impeach Ganduje from his role or undermine him.
Observers have pointed to Ganduje’s many tête-à-têtes with the Economic and Financial Crimes Commission (EFCC) as a possible source of strain. Some suggest that the seeming issues against Ganduje are an attempt to drive a wedge between the two leaders. Are the allegations against the former Kano
State governor politically motivated to discredit him and his loyalty to Tinubu, as his best friends claim?
Only he knows.
As the saying goes, “When the frog in front falls into a pit, others behind take caution.” Any deterioration in the relationship between Tinubu and Ganduje could signal trouble for the party. If such a fallout is real, it would shake the APC’s leadership structure at a time when internal unity is needed more than ever.
The timing of these rumours could not be worse for Tinubu, with
growing dissatisfaction among Nigerians over economic hardship. The opposition parties have capitalized on this unrest. Because they are using every opportunity to cast blame on Tinubu and the APC, a rift with Ganduje would only embolden those critics and further weaken the party’s standing.
As reports circulate of a new date for the APC’s executive committee meeting, many wonder if it will address the supposed tensions between Tinubu and Ganduje. Whether this is a mere rumour or a real issue remains unclear. Presently, the stakes are high for both men and the party they lead.
Wike
Lokpobiri
Tinubu
Bobrisky
Soneye
Ayebae
Wahab’s ingenuity is shining through in his role as Lagos State Commissioner for the Environment and Water Resources. In a recent landmark achievement, the Dutch government has committed €120 million
Tokunbo Wahab: A Master Builder in Lagos’ Environmental Revolution
towards a waste-to-energy project in Lagos, a result of Wahab’s astute leadership and foresight. This investment, in collaboration with the Harvest Waste Consortium, marks a pivotal step in Lagos’ journey towards environmental sustainability, positioning the state as a model for waste management in Africa.
According to reports, the project will convert 2,500 to 3,000 tons of waste into energy daily. This will significantly reduce Lagos’ waste while generating much-needed power. The decommissioned Epe landfill will serve as the operational base for the venture, where the Dutch company will handle waste processing. In this way, it is obvious that Wahab can secure global partnerships that bring sustainable solutions to pressing urban challenges.
Wahab’s career is indeed defined by excellence and visionary leadership. Before his current role, he served as Special Adviser to Governor Babajide Sanwo-Olu on Education, where he revolutionised tertiary education policies in Lagos. Now, with this €120 million
commitment, Wahab’s impact on Lagos’ environment may soon eclipse his previous successes.
The implications of this project for Lagos State are immense. Not only will it reduce the burden on local landfills, but it will also address the city’s growing demand for electricity. Lagos generates 13,000 to 14,000 tons of waste daily, and this project promises to create a more sustainable approach to waste disposal. Therefore, the project may not only catalyze future investments; it may even set a standard for environmental projects across Nigeria.
In the end, Wahab’s legacy as a builder of systems is now unmistakable. With partnerships like the one with the Dutch government, he is helping Lagos become a hub of innovative environmental solutions. Indeed, one must commend Governor Sanwo-Olu; he knows how to choose capable individuals.
Sheikh Onikijipa’s Daughter to Wed Kwara Politician, Shuaibu Yaman’s Son
Wedding bells are ringing in Ilorin as Suad Farouk Onikijipa, the youngest daughter of Sheikh Farouk Sulaiman Onikijipa, prepares to marry Abba Shuaibu. Their introduction ceremony took place recently at the Onikijipa family’s Ilorin residence, setting the stage for a highly anticipated wedding. The reason the union between the Onikijipa and Yaman families is causing quite a buzz is not just because of the couple; it is because the two prominent families in Kwara State are set to merge.
Suad’s father, Sheikh Onikijipa, is a revered figure, known as the Grand Mufti of Ilorin. His family has long been admired for their dedication to faith and community. Suad, following in her father’s footsteps, has lived a life steeped in these values, making her a muchadmired figure in religious and social circles.
On the other side, Abba, the groom-to-be, is the son of Shuaib Yaman Abdullahi, a respected
politician and the Peoples Democratic Party’s gubernatorial candidate in the 2023 elections. Yaman’s reputation for leadership and service to Kwara speaks volumes, and Abba, like his father, has shown a strong commitment to his community, which makes him an ideal partner for Suad.
It is said that when two rivers meet, their combined strength is unstoppable - this marriage seems to be a reflection of that wisdom. The Onikijipas, known for their religious leadership, and the Yamans, celebrated for their political and social contributions, bring together a remarkable legacy.
The families now eagerly anticipate the wedding, which is expected to be one of the most talked-about events in Ilorin. With the prestige of both families, many are looking forward to witnessing the cultural and traditional splendour that will accompany the
When Governors Arise to the Occasion: Diri at His Best
Governor Douye Diri is on a mission to redefine Bayelsa’s future, with his recent promise to build 1,000 affordable housing units across eight local government areas. With this ambitious project, it is now clear that the man is committed to improving the lives of his people.
Governor Diri’s pledge is further evidence that times have changed with respect to the governor’s administration. There was a time when critics constantly questioned his focus and ability to deliver. Now, Diri seems more determined than ever to silence those doubts.
Housing appears to be just one part of Diri’s broader agenda to uplift the state. He has promised to improve access to basic amenities like clean water in Yenagoa. These projects are believed to be critical for the well-being of Bayelsa’s residents, especially those who have long endured inadequate infrastructure.
Diri’s transformation as a leader mirrors the popular saying, “A river that forgets its source will soon dry up.” He appears to have
Cracks in the PDP: Will Internal Struggles Shift Plateau’s Political Landscape?
The Peoples Democratic Party (PDP) in Plateau State is in turmoil ahead of the upcoming local government elections. Cracks have appeared within the party, with internal disputes over the primaries threatening unity. These issues have left many wondering if the PDP can hold on to the power it gained in 2023.
Governor Caleb Mutfwang, who leads the party, has downplayed the internal strife and assured everyone that reconciliation efforts are underway. He insists that there is no cause for alarm. These issues are normal in any political process, he says. Following through with his words, the governor’s focus remains on winning all the available seats across the state, despite the unrest.
Party Chairman Chris Hassan shares the governor’s optimism but acknowledges the challenges. He admits that while the primary exposed divisions, mechanisms are in place to heal the party. However, according to some reports, certain PDP members in the State feel marginalised. This explains the air of uncertainty surrounding the party’s true unity.
On this note of doubt, many party leaders have stressed the need for dialogue. In their opinion, a lack of transparent conflict resolution could cost the party dearly in the coming elections. There is some sense in this since without addressing the grievances from the primaries, the PDP risks alienating key stakeholders.
Meanwhile, the opposition All Progressives Congress (APC) sees an opportunity to capitalise on the PDP’s internal struggles. APC leaders, including Plateau State Chairman Rufus Bature, have expressed confidence in their party’s preparedness for the elections. They believe public discontent with the PDP’s governance provides them with an edge.
The cracks within the PDP and the APC’s momentum have created an unusual political landscape in Plateau. The PDP’s internal friction contrasts sharply with the APC’s show of unity. If unresolved, commentators believe that these tensions could lead to unexpected results at the polls.
So, with the October 9 elections fast
Ronald Adams Becomes New
Ronald Adams has been appointed as the new Managing Director of Shell Nigeria’s deep-water subsidiary, SNEPCo. With the leadership baton now passed from Elohor Aiboni (who moves on to a new role with Brunei Shell Petroleum), Adams is expected to further elevate SNEPCo’s status in Nigeria’s offshore oil sector.
reconnected with the needs of his people. This is why even the harshest critic now believes that his administration is laserfocused on delivering tangible results that will leave a lasting impact.
In addition to housing, the governor is tackling environmental challenges, from flooding to oil spillage. These have all long plagued the state. Thus, Diri’s willingness to confront these issues head-on is resonating with many Bayelsans. It is they, not Diri’s PR team, that are at the forefront and claiming that the governor understands the importance of safeguarding both homes and natural resources.
Indeed, this shift in Diri’s leadership is creating a sense of optimism in Bayelsa. People are starting to believe that real change is finally possible. With his housing initiative leading the charge, many are hopeful that other areas, like education and healthcare, will see similar improvements.
approaching, the outcome could signal a shift in the political dynamics of Plateau State. Will the PDP address its issues and consolidate power, or will it cede ground to the opposition? Time will tell.
Adams, a 32-year-old veteran in the energy industry, is no stranger to navigating both technical and commercial challenges. Prior to this appointment, he was the Chief Executive Officer of Atlantic LNG in Trinidad and Tobago. His rich experience across Shell-operated and nonoperated ventures equips him well for the demands of this role.
His academic background is equally impressive. He has a BSc in Chemical Engineering from the University of the West Indies and an MBA in Strategic Planning from Heriot-Watt University in Edinburgh. These credentials, combined with decades of industry experience, position him as an ideal candidate for the role.
Shell’s big brains in Nigeria, including the overall boss, Osagie Okunbor, are confident that Adams will build on the successes of SNEPCo, particularly its achievements in deep-water production and social investments. Under his leadership, Adams is expected to strengthen these initiatives while continuing to push for new milestones. With these votes of confidence, Adams is clearly being tasked with further solidifying Shell’s leadership in Nigeria’s oil and gas sector.
As he takes on this new challenge, Adams will certainly be focused on delivering value to stakeholders and building upon the legacy of his predecessors. With his wellrounded persona and proven track record, this is not at all impossible.
Wahab
Adams
Abba Shuaibu and Suad Onikijipa
Tokunbo
Mutfwang
Diri
My brother Fred cried out recently on social media that his estranged wife had walked his daughter down the aisle while he was still alive and probably in the same city. He lamented profusely and since then, Nigerians have been divided.
His Madam’s supporters have cited all sorts of rascal behaviour on his part as reasons for the treatment meted on him, while others, mostly men, have rushed to his defence, arguing that on no account must such ever happen. For me, this is not about the Amatas, but another symptom of a dying society with our women running mad in it. This is another example of a society that has lost its values, lost discipline and has allowed our women for whatever reasons to jump up and begin to play roles they are not qualified either by tradition or capacity to play.
As a traditional man, I feel Fred’s pain and I must assure him that millions of us are feeling his pain with him right now and he should be rest assured that
FUBARA: PSYCHIATRY FOR THE MAN
People like Governor Sim can be very deceptive. They look dull and quiet but hold within them the strength of a mule. The sad thing is that you underestimate them thinking they cannot shout, but the Bobo with his big eyes is imbued with the kind of inner strength that can make a thousand mules cringe with fear. To make matters worse, the man is not only imbued with this inner strength he also has what we call dry humour. The kind of humour that is not classic, has no timing, no finesse but still hits you like a thud, leaving you reeling.
His reported statement that he was building a psychiatry hospital in his former Oga’s “village” because he feels that one will still need it is a classic “yabis” that will leave even legendary comedians weak in the knees.
My people, me I believe very strongly that his Oga needs psychiatric evaluation because of his huge “god mentality”. The thing that makes you feel you are all and all, and that everybody should bow, or that is your way or no way is truly something that needs much more than psychiatric evaluation. This is madness almost at “hitleristic” levels. Imagine if this one has access to the Army, na Lagoon he go drive all of us enter na.
My brother Sim, mbok, hurry and finish the hospital, no be only him need am, even him Oga go do outpatient there after
Fred Amata: Symptoms of a Dying Society
some time. I don run o, I no get immunity. Na wa.
GOV ODODO’S SELF-INFLICTED DISTRACTION
Some comedians hiding under the cloak of a pressure group in Kogi have called a press conference to say that EFCC is distracting Governor Ododo with the continued persecution of their former Governor Bello. I have been laughing and farting since I read that “crap.” How fully matured men who have fathered children and grandchildren and with grey hair in their pubic regions which ordinarily should be seen as wisdom can come out and boldly make this kind of statement beats me.
Which distraction? Is it EFCC that is making that one jump into his car and pursue them each time they come after his former Oga? Is it EFCC that is making him carry an umbrella and his former oga’s seat to go and visit EFCC? Mbok it is now looking like the only real achievement of Bello in Kogi after decimating Dino is his “appointment” of this “Ododo,” because the man is really fulfilling his mandate which is to share his gubernatorial immunity with his Oga.
He is doing the work so well that the UN will soon invite him to come and take a masterclass on stretching immunity over a fugitive.
Mbok, these Kogi elders should go
and sit down and better be watching their young wives who are most likely coddling their gatemen behind their backs as they continue to revel us with this stupidity of the absurd.
Have you seen the allegations? Even if Tinubu wants to use only this one to deal with it, he has our support abeg. Kai.
ORTOM, MAY GOD FORGIVE YOU
This God has really suffered in our hands. See this one who didn’t really do anything like that for his people except wear fashion designer’s clothes and dance around with Wike like Baba Sala and his “awada Kerikeri” is now calling His name in his rejection.
I have just seen a report where during a visit by PDP leaders he said he failed at the senatorial elections because he did not consult God or that he went against God. I am not sure again jo. Wetin concern God in this matter nau? Your people roundly rejected you and you are calling God’s name in the matter.
Please you need to do a dispassionate look back at your tenure and ask yourself very clearly if you truly deserve to be sent back by merit to the Senate.
I am sure the answer will shock you. So, my big brother, leave God out of this matter and focus on the saying that a man sows what he reaps. Kai,
we will make sure that we regain our hegemony in society.
Just as women easily say that on no account must you lay your hand on a woman, then on no account must a woman walk her daughter down the aisle when the father is alive and willing.
This is so wrong and I will not be meek about it. This is sacrilege, an abomination and a slap on our traditions and culture.
It is on the back of this that I have called a summit titled ‘When Men Talk’ to discuss issues relating to men. Over 100 men have registered to attend the free event as the realisation that we are now the weaker sex, bullied and harassed by a growing population of women who have simply run mad has begun to hit us.
Agatha, if this is true, then you must rush to your elders and beg because these things have traditional consequences. I don talk my own. Come and beat me.
hungry is catching me, see as I am writing rubbish – a man will reap what he sows. Na wetin you sow be that, not God.
ONARI DUKE’S ‘WIN THE WAR’ SOUP
Her Excellency Onari Duke remains one of the most elegant and God-fearing first ladies that have ever occupied the office. She is my personal best and I love her to pieces.
Her kindness, integrity and love for the people remain second to none. What most guys don’t know is that she runs a hospital in Calabar that she fully subsidises amongst other grand philanthropic gestures.
That was how during the last October 1st celebrations when the rest of you were either on the main road protesting with Sowore and the others trying to make sense out of our President’s homily, me I went to eat afang with her o.
As I entered, Donald walked in, hugged me and I hurried him out so as not to delay the afang with political talk. Before the Afang came, madam said something funny: “Duke, I am not sure this my afang will be as delicious as the ones you are used to. This my own we call it “win the war” afang. I looked up from the plate of fried chicken and fish appetiser.
She explained, “Win the war soup was the soup you grab anything to cook
SIM
Ododo
Fubara Duke
El-Rufai
Amata
during the war. Grasshoppers, grass, cockroaches, anything and when the food was served it was called “win the war.”
This was quite instructive because Charly Boy had mentioned something like that to me – you know I’m writing his book – shhhh.
Well, the afang came. Dry as I like it, no oil seeping from under, garnished with snails, dry fish and crayfish — what we Ibibios call “abu.” Then the leaves were thick and rich and it softly melted on the tongue as you pushed it down with a very smooth pounded yam.
The Pounded yam was as smooth as a baby’s butt with no “koko.”
The only thing missing was the traditional bottle of Coke to wash it down. I forgive her because I took like six wraps of the pounded yam and my friend Dr. Adetoro Bank Omotoye, a Yoruba man, was struggling with his one wrap when I already had six. Please, anybody that wants to taste Mrs Donald Duke’s “win the war” afang should write to me directly and tell me why he or she thinks she deserves a taste of heaven and I will make sure we go again. Thank you so much, Your Excellency, you will live long for feeding an orphan.
I NEED FEMI FANI KAYODE’S HELP
Please Egbon mi, I really need you to come and explain this Middle East matter to me. I have run to you because I see you dressed like an Oil Sheik on TV and discussing the matter. Let me state that once I see your picture or image, I will change and go and watch porn, and now it has come to bite me because Iran has sent missiles. Israel has vowed retaliation even though they had blown up one building in Lebanon, killing one man.
Then again, I am not sure again o but one of them had scattered Israel with bombs. Mbok my brother, I confuse. Please explain why Israel is bombing Lebanon and then na Iran dey revenge and who is Hezbollah and why are people walking out on Netanyahu at the United Nations? Please what is going on oooo? Then why is Israel claiming the land because of Abraham, Isaac and Jacob? Please is it the same people that our chosen people are saying are making lion take them to Ojuelegba?
Me, I am just confused. Please what is America’s role in all of these? One moment they are doing referee, the next they are defending Israel. Should we send troops, or should we push Boko Haram there to keep them busy?
Please egbon Kayode, you are the only expert on this matter, please help me explain. God bless you.
NASIR EL-RUFAI’S WRONG STRATEGY
Ok, let me confess, I like this man. No, I love him and still believe that he should one day push for the presidency. His no-holds-barred approach to issues, his loyalty, his brain capacity and his long experience in policy stand him heads above the rest.
But he don miss am this time. His declaration that he would swear by the holy book when all other past governors of his state do the same. Now this reminds me of one of my former girlfriends. So, I suspected her of cheating and I asked for her phone to scroll through and she said no problem and stretched her phone to me and asked for my phone too at the same time. Kai, this woman think say she get sense. She knows that for every infraction I see on her phone, there will be ten on my own. So that made me feel she was guilty. Because if she was not,
she would hand over her phone and when I had finished checking, and did not see anything she would blast me. Because she knew that I would see something, she threw up that barrier. My people, I broke up with her as I cannot stand indiscipline. What I don’t like, I don’t like.
So, my brother, let’s not do like my girlfriend. Which one is pulling in all the other officials into the matter? Please, let’s go ahead and swear abeg since we are innocent. Nothing will happen, me I believe you; I know that you served very transparently and will never go down to the level that they are accusing you of.
I will come and hold your hands and support you as you take the oath, nothing will happen.
Better still, let’s go to court abeg and leave all these swearing things. Let’s go to court and defend our honour.
Swearing no dey catch, if he dey catch I for don die by now. Do you know how many times I have sworn with all the holy books in this world as a polygamous man? Swearing na part of the mantra in polygamy if you want peace. My bro, he no dey work. Let’s go to court.
PHILIP SHUAIBU: A COMEDIAN IN THE HOUSE
Where did this one just come out from that he is going around inspecting “projects”? Mbok which projects is this one going to inspect? This is what you get when we take people with little outage into public space. This was for the optics. To show that “I’m back” and to rile up his opponents and also engage his new bedfellows that I still have the capacity, all with no effect or bearing on the people of Edo State.
RENO OMOKRI AS A TADPOLE
Can he hide under the “no permanent friends or no permanent enemies” maxim in politics to explain his appearance beside President Bola Tinubu dressed like one of the hunters in the famous Yoruba play, Langbodo?
Reno’s politics is an aberration, a fusion of cowardly engagement propelled by intellectual pretentions usually delivered with the loud noise of an Iraqi scud missile which usually leaves no serious damage.
I am very sure that his new friends are not one bit carried away by this his new apostasy but feel the need to keep him closer so as not to add one more noisemaker to the litany of hungry shekere players who cry daily from the pangs of hunger.
Sitting beside President Tinubu, you begin to wonder what exactly would be going through his mind because for a morsel, he would within a split second change camps.
People have switched allegiances in politics without so much as a raised eyebrow
Peter Obi has moved from PDP to LP and may soon be on his way back. History has recorded a lot of switches so this ordinarily should not also raise an eyebrow
But there is this bile wrenching feeling you get as you look at the picture and the glint of mischief in his eyes
He must have felt a sense of importance at this great achievement of meeting with his all time temporary hero
This takes us back to the quality of leadership and the quality of body politics we play in this country. We have allowed sublime leadership over run us and this is why a tadpole would feel he is now a full grown frog and must jump out of the pond and hop towards the presidency in borrowed garb.
Reno should be a lesson for our young and upcoming leaders. They must learn how to recognise the slimy fluid that lubricates our politics and by extension governance. They must learn how to avoid it. Ignore it and wrestle it down if they are to achieve any level of credibility. For me, if you are looking for the full dictionary meaning of unprincipled, anchorless and self-serving mutant in politics, do not look too far because as you leaf through the pages you will see the picture of this tadpole in grey beards and knuckle knees stare at you.
For this one, it’s all a game. A pack of cards, a charade that must continue to sustain opaque relevance or why would you go and start inspecting projects that you really do not have a bearing or affinity to?
Your matter is still on appeal as I have heard. Instead of you maintaining a calm head and waiting for that outcome, you are going about tainting and poking at people.
Are we surprised as to where the confidence is coming from? At all.
Shebi we all saw the last elections and the bullying that came with it so why would a major commander of that Hellenistic army not be strutting around with his balls dangling and saying “We don come.”
History is the ultimate judge. We remain patient.
JOE IGBOKWE: A BROKEN MAN
Mbok, I am looking for this fellow because I believe he needs therapy. I think he is going through some very painful reversal that needs professional help.
He turned his back on his people, leading to the bombing of his homestead, laid his tent with the Pharisees and those ones gave him an appointment in the drainages, and today he cannot even pay his power bills.
He has been crying on social media –ohhhh the power bill is too much o, the currency is dead oooo and the people to save Nigeria have not been born. At his age, na only pity we have for him. He had chased the lucre and was left with tasteless porridge, leaving him in the gutters from whence he wails. Sadly, his wailing will not be heard because the people are tone-deaf as a result of their sufferings unleashed by his masters. My only fear for him now is if he continues with this his wailing and his masters turn against him, where will he run to? Will he run to the East that he had severally derided or will he run to the North where he is an unknown quantity or will he run to the South South where he is regarded as Unoka? I really pity this egbon, he really needs help. Run to Sim Fubara’s Hospital and take refuge. Mbeke.
ROOSEVELT OGBONNA: A PERFECT GENTLEMAN
Please let me crave your indulgence to write something nice about this gentleman. The man is the MD/CEO of Access Bank and he remains one of the most fulfilled gentlemen in the market. Not even a whiff of controversy, a perfect gentleman and one that we should watch very closely for the role I see him play in the near future in Nigeria’s tortuous journey to economic regeneration.
Met him with the late Herbert Wigwe. He would walk into the office as I sat there with one of my numerous requests and listened intently as Herbert spoke to him. He would interject ever so rarely but with very frank and intelligent suppositions and then walk away and I will see the glint in Herbert’s eyes. Then in my transactional meetings, I will hear people say – go to Roosevelt, he will sort it. Major complicated transactions o. The next meeting, they will come back with a report: “Oh we met Roosevelt and he sorted it.”
So, I was not surprised when he emerged as MD of Access Bank. Not the holding company o but the bank itself and since he emerged, he has very quietly and surely maintained the upswing tr ajectory of the bank. Well done bro, well done bro. Just felt like putting this out there today. Cool and thanks.
Tinubu (right), and Omokri
BBNaija S9: Who Will Take the Crown Tonight?
Stories by Vanessa Obioha
The race to the nail-biting finale of the Big Brother reality TV show will come to an end tonight as the show wraps up its ninth season. Out of the 28 housemates who entered the house, only eight remain in the race for the coveted crown.
This season, dubbed the ‘No Loose Guard’ edition, began with a twist—housemates entered the game in pairs. Among them were twins, sisters, friends, lovers, and even a married couple, promising a season packed with drama. However, despite the initial excitement, this season did not generate as much buzz as previous editions. Various factors, including economic challenges and the housemates’ inability to ignite high-octane drama, have been cited for the show’s more subdued energy. Yet, the ‘No Loose Guard’ season still has its
ardent followers who ensure that their faves are kept in the house. The season’s faves include Wanni from the Wanni X Handi, Onyeka, Kellyrae, Topher, Kassia and the laid-back Mbadiwe twins. Only Wanni, Onyeka, and Kellyrae are in the finale. They are also the top contenders to take home the crown and the N100 million worth of prizes.
Gender dynamics often play a role in the finale, as only three women—Mercy, Phyna, and Ilebaye— have won the title since the show’s inception. This year, there’s hope that a woman will once again claim the crown. Could it be Wanni, Nelly, Anita, or Victoria? Or will one of the male contenders—Sooj, Ozee, or Kellyrae—take the title? The last time a man won was in 2021 when WhiteMoney clinched the prize in the sixth season.
Tonight’s show will not only crown the season’s champion but also set the tone for the future of the show.
See Naija Press Conference, held at MTN Event Centre in Ikoyi.
In celebration of World Tourism Day marked annually on September 27, leading telecommunications company MTN Nigeria unveiled the ‘See Naija’ platform to encourage Nigerians to celebrate their cultural heritage while empowering content creators.
A digital tourism initiative, See Naija is a curated online destination that allows individuals to discover beautiful spots and unique insights about Nigeria’s diverse culture, from its stunning natural landscapes to its colourful festivals and traditional lifestyle. In collaboration with some content creators, the platform will explore captivating visuals and stories about the Great Oyo Empire, Gashaka Gumti Park in Taraba state, Gurara Waterfalls in Niger state, Mount Patti in Lokoja, Agbokim Waterfall, Osun Sacred Grove and a host of others.
“What we want to do with the See Naija platform is to give all our customers, everybody in Nigeria the opportunity to document the beauty of our country,” said Chief Customers Relations Officer and Ag. Chief Marketing Officer, Ugonwa
Young Jonn Set to Thrill Fans in Abuja with Live Concert
Iyke Bede
Abuja is set to come alive this month with ‘Young Jonn Live in Abuja,’ a concert by Nigerian musical artist John Udomboso, famed as Young Jonn. The much-anticipated concert, which will be held on October 20, 2024, at THISDAY Dome, promises to deliver an unforgettable evening of music and entertainment. Young Jonn, a multi-talented artist and renowned producer known for his chart-topping hits such as ‘Big Big Things,’ ‘Stronger,’ ‘Dada,’ ‘Xtra Cool,’ and ‘Aquafina,’ will grace the stage for an unforgettable live performance. With his unique sound and energetic presence, the event is expected to be a highlight of the year for music lovers in Nigeria’s capital.
The concert is being organised by Apitainment and Gidigroove, two of Nigeria’s leading entertainment companies,
MTN Wants You to See Naija Spotify Launches Offline Backup
who aim to create a world-class experience for all attendees at the premier venue, offering fans the opportunity to enjoy an immersive and vibrant atmosphere.
CEO of Apitainment, Adewumi Segun Gabriels expressed his excitement: “At Apitainment, we are committed to delivering top-tier entertainment, and ‘Young Jonn Live in Concert’ will be no exception. Attendees can expect a pre-Detty December event packed with excitement and great music.”
CEO of Gidigroove Entertainment, Olamide Olaitan echoed similar sentiments, saying, “We are thrilled to bring another exceptional musical experience to life. Our focus is on ensuring this event is a truly memorable occasion for everyone present.”
Nwoye.“This is why we have launched a competition inviting Nigerians to participate in rewriting history,” she said, announcing the See Naija competition, which invites participants to rediscover the beautiful sights and sounds that highlight Nigeria’s rich cultural heritage. Using the hashtag #SeeNaijawithMTN, the creative challenge encourages individuals, including content creators, photographers and videographers, to share their unique perspectives on Nigeria through photos or videos that best represent the heart and soul of Nigeria, either through its people, landscapes, culture, or traditions. The campaign will run for three months.
“Let’s tell and share our stories about the lively markets in Lagos, the beautiful scenery in Calabar, or the customary celebrations in Kano. From our cuisine to our craft, to the diverse languages we speak, there is so much about our culture that we are yet to uncover. Let’s see Naija for the beauty that it truly is,” she added.
Music streaming platform Spotify is amplifying the way its subscribers enjoy music by launching the Offline Backup. In a statement, Spotify said that the new feature which launched on October 3, is available to premium users globally as another way to keep listening to music offline, no downloads required.
“Nearly half of our Premium listeners globally have used Spotify offline to listen to their favourite audio. With Offline Backup, we’re giving users another way to access music offline without using any extra data or storage,” the
Von Blake Releases Debut Album
Rising music artist Von Blake is set to release his debut album titled ‘Von Blake.’ The new album is an eight-track set that features themes such as love, fate, and personal struggle and talks about the uncertainty of life with pointed clarity.
The featured songs include ‘Memories,’ ‘Mamamiya,’ ‘Awelle,’ and ‘Body On My Body (B.O.M.B),’ a collaboration between him and INVICTUS.
“The album has different moods and stories. It’s the work of a candid thought process operating on a different frequency of cutting-edge creativity,” explained Blake.
“Just the recording process alone had different reasons that took me to the studio, but with the same goal. I didn’t have a solid written plan, so I approached this album with no fear or pressure” Blake describes his music genre as a unique blend of Afro Calypso.
Since dubbing himself ‘Sound Maniac’ in 2021, he has carved a niche for himself, operating with the assured air of generational talent that makes his music a must-like, and his stage performances a must-watch. Before his new album, Blake had already in his kitty a plethora of wave-making singles such as Fine Fine Caro,’ ‘Tom Tom Waist,’ and ‘On a Sunday Morning,’ among others. Promoted and managed by Zeof Records, a music company dedicated to discovering nurturing and growing talented young artists, Blake is optimistic about his future and music career. According to him, “The future of my music career is bright... I see myself in the next five years impacting a wide range of people and generation after generation to come identifying with my music irrespective of their colour, tribe or race.”
The album is scheduled for release on October 17, 2024.
statement read.
The platform takes listeners’ queued and recently streamed tracks and creates a unique and easy-to-access playlist. Offline Backup includes tracks already stored on your device as part of your regular listening on Spotify (also known as cache).
Users can also filter and sort songs within the playlist by artist, mood and genre. The playlist evolves as one continues to listen. However, users need to have listened to more than five songs recently and have offline listening enabled to access the feature.
BBNAIJA ‘No Loose Guard’ finalists
L-R: General Manager, Internal Audit & Fraud Management, MTN Nigeria, Ibe Etea; General Manager, Architecture and Engineering, MTN Nigeria, Bukola Ajayi; Chief Customer Relations Officer, MTN Nigeria, Ugonwa Nwoye; Ayham Moussa, Chief Operations Officer, MTN Nigeria; General Manager, Brands and Communications, MTN Nigeria, Emamoke Ogoro and Idowu Adesokan, General Manager, Consumer Segment and Devices, MTN Nigeria during the MTN
Young Jonn
Von Blake
ARTS & REVIEW ARTS &
Beyond Bloodlines, is Idris Elba Culture Fit or Misfit?
Fears of cultural misrepresentation, which drive opposition to Idris Elba’s casting as Okonkwo in a TV series based on Chinua Achebe’s classic novel, Things Fall Apart, are unfounded, argues Okechukwu Uwaezuoke
Obviously, behind the purported concern about Idris Elba’s ability to convincingly portray the nuances of Igbo culture and Okonkwo’s character, achieving realism—or “vraisemblance,” as the French call it—lies the real burning question: can a non-Igbo actor genuinely capture the raw, visceral core of Igbo culture? Otherwise, a few of the remonstrating netizens wouldn’t have gone as far as proposing the Black British alternative Chiwetel Ejiofor or the Nollywood star Yul Edochie.
Interestingly, the role of this same British-born actor of West African descent—with a father from Sierra Leone and a mother from Ghana—as the older Nelson Mandela in the 2013 biographical film Mandela: Long Walk to Freedom was also criticised by many, including The Guardian of the UK, for his lack of resemblance to Mandela. Even after having acknowledged him as a “terrific actor,” the newspaper still highlighted the fact that he “looks nothing like the man he portrays.”
Looking nothing like what Okonkwo is, however, is not the issue here. Since none of the remonstrators question the credentials of the award-winning actor, who recently launched 22Summers production company in partnership with Gina Carter, what then makes Chinua Achebe’s globally renowned literary masterpiece so distinct and challenging to adapt, unlike works by other literary greats?
Even history doesn’t seem to be on the side of these cultural territorialists, who are opposing Idris Elba’s casting as Okonkwo. Already, two major screen adaptations of the novel have already been made, albeit with mixed results. The first, also known as Bullfrog in the Sun, which was in 1971, was directed by Hans Jürgen Pohland and notably starred Johnny Sekka and Princess Elizabeth of Toro. Critics slammed its graphic violence, and Achebe himself was said to be unhappy with the creative liberties taken to draw parallels with the Biafran War. The second adaptation, a 1987 13-part miniseries on Nigerian Television Authority, fared better. Directed by David Orere, it featured Pete Edochie as Okonkwo alongside notable actors Justus Esiri, Funso Adeolu, Nkem Owoh, and Sam Loco Efeh. Ultimately, these precedents suggest that adaptations of Things Fall Apart can succeed without strict cultural or ethnic casting requirements.
Decades of acclaim in the academic and literary worlds have naturally led to various creative iterations beyond the stage. Indeed, in addition to film and theatrical adaptations, the novel has even inspired art exhibitions. As a literary work that has been translated into several languages and has struck a chord with colonised people all over the world, even when it is based on Igbo tradition, it is not unexpected that there could be some unknown adaptations by non-Africans.
Recall that this 1958 novel—as Achebe’s seminal debut—marked the beginning of his illustrious literary career, earning him the prestigious Margaret Wong Memorial Prize in 1959. This inaugural success paved the way for a plethora of esteemed awards, solidifying Achebe’s position as a literary giant and underscored his profound impact on world literature. Notable accolades include the coveted Man Booker International Prize; the Fonlon-Nichols Award for EDITOR
excellence in literature and education; Nigeria’s highest literary honours: the Nigerian National Trophy for Literature and the Nigerian National Order of Merit; and the esteemed Commander of the Order of the Federal Republic. Apparently, the instinctive resistance in some quarters to new adaptations stems from the fear of incremental distortion, as each new interpretation potentially compromises the story’s integrity. This concern is rooted in a fundamental challenge: verbal communication’s inherent limitations, similar to transference loss in chemistry.
But since language, as a human expression, struggles to capture the dynamic complexity of experience within static designations or labels, the character Okonkwo’s native Igbo language could not have been entirely immune to this limitation. The same applies to Achebe’s decision to write in English, which, while expanding the audience, also added layers of transference loss.
Thus, the notion that British-born actors with Igbo roots or Nollywood actors and scriptwriters would inherently better interpret Okonkwo’s character remains speculative. However, this assumption is undermined by Nollywood’s underwhelming track record in authentically portraying Igbo cultural heritage on screen, casting doubt on its ability to do justice to Achebe's iconic narrative.
If Idris Elba mispronounces Okonkwo’s name, that would be understandable, given the challenges of mastering non-native sounds. However, the onus is on the director to ensure he got it right. Moreover, requiring Elba to speak English with a Nigerian accent for authenticity is misguided since, as the novel highlights, Okonkwo’s native language is Igbo, not English.
Meanwhile, Elba’s 22Summers and Gina Carter will executive produce the series, alongside David Oyelowo and Amanda N’Duka (Yoruba Saxon), Ben Forkner, Dayo Ogunyemi, and Achebe Masterworks (managed by Chinua Achebe’s family estate). And talking about Achebe’s family estate, both the late author’s daughter, Nwando, and son, Chidi, are upbeat about the TV series. While Nwando expressed excitement on social media, wishing her father could have seen it, Chidi, who is also Achebe Masterworks’ CEO, anno unced the adaptation with fanfare on LinkedIn, as he highlighted Idris Elba and David Oyelowo’s involvement.
One takeaway from all this is the striking parallel between how the British TV series Downton Abbey resonates deeply with its devoted audience and how Chinua Achebe’s Things Fall Apart holds a unique significance for scholars of Igbo descent, despite its status as a world-renowned literary masterpiece. Just as the former is seen to preserve England’s collective cultural me mory and shape perceptions of English heritage and identity, the latter serves as a powerful projection of Igbo culture and identity to the global stage.
okechukwu.uwaezuoke@thisdaylive.com
Elba
Chidi Achebe
Gleeful Harvest and Cultural Hegemony
Yinka Olatunbosun
Ikore, a Yoruba word for “harin the new solo exhibition by Aderinsola Aladegbongbe, an artist, art scholar, and former Head, Department of Fine Art, Yaba College of Technology, Lagos. With a visual feast prepared for art connoisseurs, the doors at the exhibition hall, National Museum, Onikan will be open to curious eyes in search of some authentic pieces that allude to cultural history, personal perspectives, as well as depth of research.
Tapping largely from the concept of harvest and his four decades of art practice, the artist assembled this body of works in this show titled ‘Ikore’ not just as a homage to seasonal harvest but as a powerful symbol perseverance.
personal journey as an artist, Aladegbongbe, who hails from Ondo State, has observed the traditional rites during the new yam held annually in Emure, Ekiti. The festival, rooted in Kinship culture, is motivated by social and political integration. The printmaking artist has also been curious about the paraphernalia used during the rites, which decidedly created works that document this cultural heritage.
Using vibrant painting, intricate plaster painting, or a plastographic rendition, he meticulously tells a story of sowing and reaping, of dreams and hard work, of struggles and triumphs.
“Ikore explores the themes of abundance, growth, and transformation through vibrant, textured works that evoke the cyclical nature essence of moments in time when hard work
Through the paintings, he makes the viewers contemplate the fruits of their own labour and the importance of gratitude in times of plenty.
“Each piece is a testament to the idea that only tend to the seeds we sow with care
Using earthy tones, golden light, and vibrant hues, he evoked the warmth and richness of the harvest season. “Ikore: The
EXHIBITION
Harvest is an ode to the human experience—a celebration of our capacity to cultivate, create, and reap the rewards of our labour. I hope that these paintings will inspire viewers abundance, growth, and transformation the artist explained.
Art scholar Kunle Adeyemi, in his review of the works, remarked that “his works take their roots from the seamless local stories, dialogues, and other range of compositional phrasings, as well as the razzmatazz of liqui-
dised dripping colours under the tendering
Some of the works include titles such as “Excitement and Anticipation Towards Ijesu
The overall mood captured in the works for a ray of hope in the current socio-political best, a lacklustre independence celebration every year. Throughout his enviable career, Alade-
the academic and artistic communities. His artistic portfolio includes 13 solo exhibitions and numerous group shows, both locally and internationally.
The curatorial director, Moses Ohiomokhare, described Aladegboungbe’s “His background as a Christian readily comes to bear and makes him encourage his audience to sow the seed of truth and (Harvest) calls for perseverance, as there is dignity in the labour of love. Aladegbongbe precision and control as he demonstrates
How DK Olukoya’s Musical Romance with My Dad, Babafemi Esho, Birthed a Music Empire
Bimbo Esho Music has always been in my genes as a young Lagos Babe, crawling late at night with my dad just to give love and happiness to Lagosians through the music of yesteryears.
When we started out in the 90’s with the release of the complete musical works of most of these musicians of yesteryears like Rex Lawson, Adeolu Akisanya, Fela Kuti, Ayinde Bakare, Tunde Nightingale, Eddy Okonta, etc., and also with the incorporation of the 24-piece Evergreen Music Band to churn out most of these music repertoires, we knew that the idea was going to change the musical entertainment atmosphere in Lagos social life. Immediately most of the elitist clubs took up the bug, and we started witnessing the rise of many highlife bands in Lagos and Juju bands who incorporated the highlife repertoires in their music.
We noticed the cravings Lagosians, particularly the Gbajumos, as they call them, had for many of these rare vintage repertoires. Now the core EKORIANS could get Sakara Music, Waka, Agidigbo, Highlife, etc. All thanks to my dad, who
our musical heritage.
has been keeping these songs since age 12 years; we probably would have lost most of these repertoires to the doldrums of history, thereby losing an intrinsic part of
One thing that I know for sure kept giving my dear dad Babafemi Esho sleepless nights was how most of this music he has collected from age 12 would be kept for building a music heritage centre that he so
desired to make his dream for Evergreen come to light.
My dad wanted a Music Heritage Centre where most of these musical works, some as old as 100 years with their original vinyls, would be kept for posterity. He knew how much sacrifice he had given to ensure we had a musical heritage/library in Nigeria.
In some of his speeches and interviews, I recall him calling out to a few of the parastatals in charge of cultural activities in Nigeria to at least partner with him so as to preserve most of these works. Many times, perhaps it fell on deaf ears.
If there is anything that I witnessed live that gave joy and hope to my dad before his demise, it is the fact that he met one man who shared in his passion, and the same man made his dream of to light.
Many people have lived their lives without their dreams coming to fruition, but Dr. DK Olukoya, General Overseer of MFM, brought my dad’s dream to life. A testimony to the saying that there is always light at the end of the tunnel.
With the two-week ultimatum issued by the Academic Staff Union of Universities to the federal government nearing its deadline, Davidson Iriekpen writes that urgent government intervention is needed to address the union’s demands once and for all to avert another industrial action
Once again, it seems the federal government has gone on silence since the Academic Staff Union of Universities (ASUU), the umbrella body for Nigerian university lecturers issued a 14-day ultimatum to meet its demands in order to avert industrial action.
Its President, Professor Emmanuel Osodeke, in a statement penultimate week, said the union should not be held responsible for any industrial disharmony that arises from the government’s failure to seize the new opportunity it offered to nip the looming crisis in the bud. He noted that the government’s failure to fully implement the demands has “continued to exacerbate crises in public universities.”
Osodeke said the recent wage increase of 25 and 35 per cent for university workers cannot replace the finalisation of the agreement, which he said was based on collective bargaining principles.
The union had on August 20 issued a 21-day strike notice to the government over its failure to address lingering issues with the union, particularly the 2009 Federal Government-ASUU agreement. The initial ultimatum expired on 9 September.
In a belated effort to avert the threatened strike action, the Minister of Education, Professor Tahir Mamman, who is preoccupied with how to stop the university education of young Nigerians below the age of 18 years, met with the leadership of the union on August 28 and September 8. He also belatedly set up a subcommittee to investigate the union’s demands, but as of yesterday, the federal government was yet to reach an agreement on the union’s demands.
While the government has constantly said it does not have sufficient funds to meet ASUU’s demand, the union said the information available to it does not support the government’s claim, adding that it is simply the lack of political will.
The union also accused the government of not prioritising the welfare and well-being of Nigerian academics, “otherwise the prolonged engagements with ASUU should have yielded fruitful outcomes for stability and industrial harmony in the universities.”
It said its engagement with the government had revealed that the government was using “old antics, characterised by bureaucratic bottlenecks, time-buying tactics, denial of documentations, and lack of budgetary provisions, to confound and complicate matters.”
“The substantial inflows from subsidy removal and devaluation of the Naira, translating to the humongous monthly Federation Account Allocation Committee (FAAC) disbursements to the three tiers of government make nonsense of the outlandish claims,” ASUU stated.
At the top of ASUU’s demands as listed by Osodeke, is the renegotiation of the 2009 agreement between the union and the federal government, the release of three-and-a-half months’ salaries withheld during the 2022 strike action and the continuous use of the Integrated Payroll and Personnel Information System (IPPIS) for payments of university workers’ salaries.
Last December, the education minister, Mamman, said President Bola Tinubu had directed the exclusion of universities from the IPPIS. But the union said a ‘new IPPIS’ was being used to pay its members, adding that it was the same platform as the IPPIS.
Other issues, as listed are: “The release of unpaid salaries for staff on sabbatical, part-time, and adjunct appointments affected by the IPPIS; release of outstanding third-party deductions such as check-off dues and cooperative contributions; funding for the revitalisation of public universities, partly captured in the federal government’s 2023 budget; payment of Earned Academic Allow-
ances (EAA), partly captured in the 2023 federal government’s budget; proliferation of universities by federal and state governments; implementation of the reports of visitation panels to universities; illegal dissolution of Governing Councils; and University Transparency and Accountability Solution (UTAS) as a replacement for IPPIS.”
The renegotiation of the 2009 agreement has been the major source of perennial disputes between the government and the academic union. This agreement includes the negotiation of the wage scale and other earnings of Nigerian academics.
The renegotiation stalled since 2017 and has had three heads of the negotiation process. Wale Babalakin (SAN) led the renegotiation team constituted by the government from 2017 until his resignation as Pro-Chancellor of the University of Lagos in 2020.
In 2020, Munzali Jibril, an emeritus professor of English and then pro-chancellor for the Federal University, Lafia, Nasarawa State, took over. With him, the negotiation fared relatively smoothly with him turning in a draft agreement in May 2021. However, the government never signed or implemented the agreement.
When the union embarked on another nationwide strike in 2022, the government constituted
POLITICAL NOTES
yet another committee –this time headed by the late Nimi Briggs, also an emeritus professor. Briggs’ committee also renegotiated the 2009 agreement and submitted a draft to the government in June 2022. It was never signed or implemented, forcing the 2022 strike action to last until October when an Industrial Court asked the union to suspend the strike after a suit was instituted against them by the federal government.
Strike actions are often an issue of major concern to students in higher institutions. The planned strike could be averted if the federal government acts expeditiously to resolve some of the key issues that always lead to industrial action.
During the campaigns to install Muhammadu Buhari in office as president or during his own campaign, President Tinubu had promised to ensure that strikes would not be allowed. He even vowed that any student studying a four-year course would graduate in a record time.
This is why the Federal Ministry of Education, the NUC and organs of the government should urgently intervene to resolve the issues.
A cursory computation by a Nigerian online newspaper revealed recently that in the 19 years since Nigeria returned to civil rule under the Fourth Republic, universities have embarked on strike 16 times which saw them stay away from work for over 50 months.
Each time there is a strike in the universities, the students suffer because it prolongs their stay in school. For instance, on many occasions, students end up spending six years in university for a fouryear course.
To avoid the frequent and disruptive strikes by university unions, many parents go to great lengths, often with financial strain, to send their children to private universities. This is simply not the time for another strike in Nigerian universities. With the current economic hardships and students eager to complete their education, the country cannot afford another setback in the academic system.
Critical stakeholders in the education sector need to join hands to find a lasting solution to what has become a perplexing national challenge.
By doing this, the federal government should take the initiative, so that the country can collectively come up with ways to reposition tertiary education. Unfortunately, disputes are always occasioned by broken promises and unfulfilled agreements by the federal government. The country cannot develop until efforts are made to revitalise key sectors like education.
Bobrisky: Is NCoS Playing Games with Officers’ Suspension?
The supposedly suspended Deputy Controller of Corrections (DCC) in charge of the Medium Security Custodial Centre (MSCC) in Kirikiri, Lagos State, Michael Anugwa, last week denied being suspended from office.
Anugwa, who appeared before the House ofRepresentativesCommitteesonFinancial CrimesandReformatoryInstitutionsprobing the N15 million bribery allegation involving thecontroversialcross-dresser,IdrisOkuneye, alsoknownasBobrisky,describedhissuspension as a media report.
Followinganallegationpurportedlymadeby Bobrisky, the Secretary to Civil Defence, Correctional,FireandImmigrationServicesBoard (CDCFIB),Ja’afaruAhmedhadannouncedthe suspension of Anugwa and two others.
But Anugwa said he did not receive a letter to that effect.
Anugwa, who appeared before the committee in the entourage of the Controller-General of the Nigerian Correctional Service (NCoS), HaliruNababa,wasdressedinhisofficialuniform, prompting a committee member, Patrick Umoh, to ask him: “Are you on suspension?”
In his response, Anugwa said such a decision was never communicated to him.
However,Nababahadalsoinsistedattheevent that Anugwa had been suspended.
Also, in a swift response, the spokesperson of the NCoS, Umar Abubakar, in a statement on Monday, September 30, said the organisation viewed the officer’s denial as a gross misconduct aimed at misleading the public about the bribery allegation.
Though NCoS insisted that Anugwa was on suspension, the appearance of the affected officer in official uniformandhisdenialofbeingsuspendedcontradicted the agency’s claim.
Are the Minister of Interior, Mr. OlubunimiTunji-Ojo, who authorised the suspension and the NCoS playing games with the suspension?
WhywasthesuspensionletternotservedonAnugwa if truly he was suspended?
Thesequestionshaveraisedconcernsonthesincerity of the authorities in their investigation into Bobrisky’s allegations.
Tunji-Ojo
Mamman
BRIEFING NOTES
FG’s Complicity in Frequent Boat Accidents
The recent tragic boat
accident where 150 passengers were declared missing in Niger State is another evidence of regulatory failure and the federal government’s utter disregard for the lives of the poor masses who patronise water transportation, Ejiofor Alike reports
Nigerians woke up last Tuesday to another sad reality of 150 people being declared missing after a boat with 300 passengers sailing from Mundi community capsized in river Niger upstream Jebba dam, at Gbajibo community, Mokwa Local Government Area (LGA) of Niger State.
The Niger State Government had earlier disclosed that 182 passengers had died due to boat mishaps across the state in the past three years.
Nigeria’s about 4,000 kilometres of navigable waterways have become death traps with more than 1,000 deaths recorded in less than three years as a result of the failure of the regulatory agencies overseeing water transportation.
While governments at all levels have focused on air and land transportations, effective regulation and enforcement of existing guidelines are lacking in water transportation.
Many believe that the government neglected water transportation because only the lives of the poor who utilise this mode of transportation are being wasted in boat accidents.
Unlike the water transportation, which is being run by non-professionals, the aviation sector remains the most regulated by professionals given the fact that it is the means of transportation for the rich.
Unconfirmed estimates put the number of deaths to boat accidents in 2021, 2022 and 2023 at an average of 300 yearly, with most of the deaths recorded in Sokoto, Anambra, Bayelsa, Lagos, Kano, Niger, Taraba, Ondo, Cross River and Kebbi states.
In 2021, the most tragic accident occurred on May 26 in Warrah village, Tsihuwan Labata, Ngaski Local Government Area (LGA) of Kebbi State, when a boat carrying passengers to a market in neighbouring Borgu LGA of Niger State, capsized, killing 156 people.
Earlier in April 2021, no fewer than 29 children from Gidan Magana village in Sokoto drowned in Shagari River when their vessel capsized on their way to fetch firewood.
The deadliest incidents were recorded in 2022 with over 300 lives lost while over 200 people died in 2023.
In 2023, the first incident occurred on January 3, when a boat carrying over 100 rice farmers to Samanaji, a riverine community, capsized in Koko/Nesse LGA of Kebbi State, killing 15 farmers.
On April 23, a boat accident claimed the lives of no fewer than five people at Kanwa Dam in Madobi LGA of Kano State, while 17 people died on May 10 in Dandeji village, Shagari LGA of Sokoto State, when a boat carrying over 40 girls and boys who went to fetch firewood
MD, NIWA, Oyebamiji
at a nearby bush capsized.
In another incident, five passengers died on June 7 when a boat carrying traders who went to buy seafood at a local market in Ugbo-Nla of Ilaje LGA of Ondo State capsized, while only one person who wore a life jacket was rescued.
The most tragic incident in 2023 occurred on June 13 when about 110 people died when a boat overloaded with about 250 guests returning from a wedding event in Egboti community in Niger State, capsized in Egbu village, in Patigi LGA of Kwara State.
On June 24, five people died while three medical students were missing after a speed boat capsized in Calabar, Cross River State
No fewer than 12 people died on August 24 in a boat accident in Arikiya, Lafia LGA of Nasarawa State, while 15 died on September 8 in another incident in Njuwa Lake in Yola South LGA of Adamawa State.
On September 10, about 24 people died when a boat carrying over 100
passengers to their farms capsized in the Mokwa area of Niger State.
A boat carrying passengers from Kasabo village in Agwara LGA of Niger State to Yauri in Kebbi State also capsized on October 2 with seven people confirmed dead.
In Anambra State, 76 people died on October 7 when a boat, which took off from Onukwu bridge and was heading to Nkwo market, Ogbakuba in Ogbaru LGA of the state capsized.
Two passengers also died on October 26 when a boat crossing from Olorunsogo to the Isawo area of Lagos capsized, while over 20 people died two days later on October 28, when a boat carrying passengers from Mayo-Renewo market to the Karim Lamido area of Taraba State.
In Nasarawa State, a boat carrying rice farmers from Ubbe district in the Nasarawa Eggon LGA of the state capsized in Awe LGA on November 6, killing four passengers, while eight died in another accident in Ibi LGA of Taraba State on November 12.
On December 11, 2023, two people died in a boat accident that occurred in Gamadio LGA of Adamawa State.
The Nigeria’s entertainment industry was
NOTES FOR FILE
thrown into mourning on April 10, 2024 when a boat carrying 12 actors and crew members crashed in Anam River on their way to a location in Delta State, resulting in the loss of five passengers, including a popular Nollywood actor, Mr. Paul Odonwodo, also known as Junior Pope.
In a preliminary report released in May, the Nigerian Safety Investigation Bureau (NSIB) revealed that the boat driver was not certified.
The Director General, NSIB, Alex Badeh, while presenting the report, further revealed that the fibre boat was not registered with the National Inland Waterways Authority (NIWA).
Also speaking last month during the ‘2024 Safety Sensitisation Campaign on Nigerian Waterways,’ organised for boat operators, and other stakeholders in Onitsha, Anambra State, the Managing Director of NIWA, Bola Oyebamiji, disclosed that the boat mishap in which the actors lost their lives was caused by ignorance, negligence, and non-adherence to due process.
Oyebamiji, represented by the Area Manager of NIWA, Suleiman A. Nicholas, said the passengers on the ill-fated boat did not pass through the normal process as they just went to the waterfront and jumped into the boat and moved.
To avert these recurring incidents, the Presidency should stop the age-long tradition of issuing press statements to mourn and commiserate with the families and victims of boat mishap and ensure that water transportation is run by professionals who will apply the stringent rules and safety standards similar to those of the air transportation.
Former President Muhammadu Buhari had in his reaction to one of the boat accidents in Tijana village of Munya LGA of Niger State in June 2021, called on the transportation authorities to ensure strict adherence to safety regulations on the nation’s waterways to avert future occurrence.
President Bola Tinubu had also, while reacting to the June 13, 2023 tragic incident that claimed over 100 lives, directed the relevant authorities to “unravel the immediate and remote causes.”
However, presidential reactions to boat accidents have become mere rhetoric as the incidents have continued unabated with the failure of the regulatory agencies and the insensitivity of the government at all levels to the lives of the poor that are being wasted.
Finally, NIWA has to wake up to its responsibility as the waterway regulator and ensure that not only is monitoring important, enforcement and punitive measures are equally imperative.
Kudos to Military over Killing of Terrorists’ Leaders
The killing of a notorious leader of bandits, Kachalla Sharme and others in recent months has shown the serious efforts the armed forces are making to keep the country safe.
Sharme was largely responsible for the attacks and kidnappings in Kaduna State. His gang was responsible for the kidnapping of 121 students of Bethel Baptist High School, Kujama, Kaduna State on July 5, 2021.
Before Sharme’s death, the military had killed a terrorist kingpin, known as Halilu Buze, in Mayanchi village in Maru Local Government Area of Zamfara State.
In April, a notorious bandit leader in Zamfara State, Kachalla Halilu Sububu,
was killed during a military operation in the Sububu Forest. Known for his control over illegal mining operations and violent attacks on communities, Sububu’s death came after a series of airstrikes targeted his hideout. He was believed to be the wealthiest bandit kingpin.
Another major bandit leader, Buharin Yadi was killed in June 2024 in a joint air-ground operation in Kaduna State. Yadi had led several high-profile kidnappings and attacks across three states: Zamfara, Katsina, and Kaduna.
In July 2024, Dangote, a feared bandit leader operating out of Dumburun Forest in Katsina State, was killed in a fierce gun battle with Nigerian troops.
The operation involved special forces engaging in direct combat with his gang,
leading to his death.
Also, Boderi Isyaku, who was responsible for the infamous 2021 kidnapping of 39 students from the Federal College of Forestry Mechanisation, was killed in a military operation in August.
Equally killed was Dogo Rabe, a notorious bandit leader in Zamfara, who met his end this month when the Nigerian Air Force bombed his hideout during an early morning strike.
The deaths of these bandits have brought relative peace to the affected communities and restored the confidence of the people in the capacity of the armed forces to win the war against terror.
It is hoped that the armed forces will fish out another kingpin, Bello Turji as promised by the Chief of Defence Staff (CDS), Gen. Christopher Musa.
General Musa
Restoring the Dwindling Glory of SAN Title
As the new Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun, settles down in office, many lawyers hope she will address the selection process for Senior Advocates of Nigeria to save the title from losing its prestige, Wale Igbintade writes
The Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, last Monday administered the oath of office to 87 lawyers elevated to the prestigious rank of the Senior Advocate of Nigeria (SAN).
The rank SAN is awarded by the Legal Practitioners’ Privileges Committee (LPPC) as a mark of excellence to members of the legal profession who have distinguished themselves as advocates and academics. Members of the Inner Bar, as SANs are fondly called, enjoy some privileges, including having seats reserved for them in the front rows of all courts and also with priority accorded to their cases in courts. They are also distinguishable from other lawyers by their attire called ‘silk,’ which is styled differently from the gown other lawyers wear.
The LPPC had in July shortlisted 98 lawyers for the conferment of SAN rank this year. Among the list were 87 practising lawyers and 11 academic applicants.
However, many legal practitioners have raised concerns over the new conditions for lawyers wishing to attain the rank.
The concerns arose because the number of lawyers being churned out by the LPPC for the award keeps bloating for three consecutive years, while the quality keeps dropping.
Even though LPPC in 2022 announced that the application for SAN rank would be a non-refundable processing fee of N600,000, THISDAY gathered that the amount has since been reviewed to N1million.
This has sparked worry among lawyers who decried what they called the “commercialisation” and “politicisation” of the bar’s highest honour and privilege, which is similar to the United Kingdom’s rank at the inner bar known as the Queen’s Counsel (QC).
While people have different views about the rank, depending on which side of the divide they stand, some want it abolished completely as they deem it an unfair trade practice to confer special privileges on certain persons by way of ranking. Others believe that it is good to encourage healthy competition but that a lot of reform is required to make it more merit-based.
Lawyers who spoke to THISDAY, said the award of the SAN rank was supposed to be based on proven integrity by those who had developed the hard work and legal skills required. They lamented that the manner the award is being conferred now leaves much to be desired.
Some of the lawyers who did not want their names in print called for a review of the guidelines for the award of the prestigious rank. They bemoaned the huge sums involved in applying for the rank.
“N1,000,000 is just the amount, when the committee comes to inspect the offices of applicants and their libraries, they do get much more than that,” said a lawyer.
As of 2019, Nigeria had just 526 senior advocates with the first two being the late Chief Rotimi Williams and Dr. Nabo Graham-Douglas who were conferred with the title on April 3, 1975. Today, SANs are over 1,100. Observers believe that with the large number of SANs being churned out every year, the title has not only lost quality and value, but that the number of those holding the title would
be more than the number of ordinary lawyers in no distant future.
“The prestigious award has been bastardised and compromised. It is losing its value and quality because it is now given to all Tom, Dick and Harry. Like every other thing, it is now given to the highest bidders. It has also been tribalised and based on quota, and this has reduced the prestige attached to the rank,” a SAN told THISDAY.
“I think for a moment that if there was a qualifying exam to become a SAN, do you think we would have a large number of them like we have today? How many consultants and specialists do we have in the medical and other fields today? Of course, they are all few. You know why? Because they write very rigorous examinations. But to become a SAN, there are no exams,” another SAN said.
Even the sharp increase in the number of senior advocates has not gone down well with the Body of Senior Advocates of Nigeria (BOSAN). After the release of the list of lawyers shortlisted for the rank in 2020, BOSAN wrote a letter to the then Chief Justice of Nigeria, Justice Ibrahim Tanko Muhammad, urging him not to elevate any lawyer to the premium rank until 2024 to enable them to revamp the elevation process.
BOSAN criticised the making a mockery of the elevation process with the conferment of the rank on an unprecedented number of 72 senior lawyers in the 2020 exercise. It warned that unless a holistic review of the process was undertaken by the LPPC, the rank stood the risk of losing its prestige and standing among stakeholders.
BOSAN pledged the commitment of its members to providing its expertise and support at every stage of the review process.
However, this alarm was ignored as the number of SANs keeps increasing.
In 2021, the Supreme Court placed what were supposed to be fresh hurdles for lawyers seeking to be conferred with the rank
Among others, the applicants were to face a panel of selected serving and retired Supreme Court justices and senior lawyers for an oral interview as part of the last leg of the screening process. During the oral interview, the applicants were to be subjected to rigorous interrogation to verify and confirm the authenticity of claims made in their individual application forms.
But THISDAY gathered that the selection process is still characterised by influence-peddling, favouritism, bigotry, and bribery, among others.
Recently, a retiring justice of the Supreme Court, Justice Addu Aboki, had called on the CJN and the LPPC to review the requirements for the conferment of the rank in a manner that it would reduce unnecessary pressure on the court.
He confirmed the undue pressure mounted on justices of the Supreme Court by lawyers seeking the title.
Also, another retired Justice of the Supreme Court recently attributed the overcrowding of the docket of the appellate courts to the quest by lawyers seeking SAN elevation.
Presently, every candidate who desires to be elevated to SAN is required to have at least five concluded judgments of the Court of Appeal and four concluded judgments of the Supreme Court.
Out of desperation, it is now believed that lawyers fund appeals and even revive dead ones in order to secure the minimum number of judgments to ground their application for elevation.
This is why many are suggesting that the LPPC should raise the qualification for SAN to 15 or 20 years post-call. In 2022, Mr. Ebun-Olu Adegboruwa (SAN), proposed some far-reaching reforms to both the Supreme Court and LPPC.
According to him, the court cases to be relied upon to select successful applicants should cut across many areas of legal practice, including, civil cases such as land law, chieftaincy, commercial law cases, election petitions, matrimonial causes, constitutional law, criminal trials and other areas of law.
“We should not have a Senior Advocate who only conducted election petitions or one who only attended to NDLEA or EFCC cases with only one witness who pleaded guilty and was summarily convicted or those who handled only political cases. How do we have a SAN who cannot conduct a criminal trial? In the same vein, the cases should cover all the superior courts of records, such as the High Court, Federal High Court and the National Industrial Court and indeed the appellate courts,” he explained.
He further said: “Why should a law teacher apply for the r ank of SAN if he has never practised and has no intention to ever practise law? This does not derogate from the value of law teachers but that career path is totally different from courtroom advocacy. Law teachers who also practise law as advocates should only apply for the rank as advocates.
“For all categories of awardees, none should be considered for the rank if he/she is not an active member of any of the sections of the NBA, has not attended at least five consecutive meetings of his local NBA and provided concrete evidence of active participation in NBA affairs,” he added.
Analysts expect the new CJN, Justice Kekere-Ekun, to sanity to the selection process so as to restore the rank’s dwindling glory.
Justice Kekere-Ekun
BOOK REVIEW
CLDS Publishing and PanAtlantic University have announced the release of “Creating Art: Authenticity and Ownership in the Visual Arts” authored by Lagos Business School Professor of Corporate Governance, Fabian Ajogwu, SAN, and Director of the Yemisi Shyllon Museum of Art at the Pan-Atlantic University, Dr. Jess Castellote. This muchanticipated second work in their series on art collection and creation is a groundbreaking book that delves into the intricate legal and contractual aspects of visual art, providing crucial insights for artists, collectors, art professionals, and anyone interested in the art world.
Following the success of their book, “Collecting Art: A Handbook,” which demystified the complexities of art acquisition, documentation, and storage, Ajogwu and Castellote now turn their attention to the multifaceted challenges surrounding ownership, authenticity, and intellectual property rights in visual arts. The new book aims to equip readers with the tools to navigate the increasingly complex art world where creativity, innovation, commerce, and cultural appreciation intersect.
In the foreword to this book, the highlyregarded Igwe Alfred Nnaemeka Achebe, CFR, the Obi of Onitsha (Agbogidi), stated that “Visual artists need to be proactive in preserving their copyright, to ‘exclude all others,’ and to prevent unauthorised reproduction, distribution, or adaptation of their creations. This book dissects the legal frameworks beneficial to the art world, navigating from the fundamentals of intellectual property rights to practical strategies to secure and enforce these rights.”
“Creating Art: Authenticity and Ownership in the Visual Arts” offers an in-depth exploration of topics crucial to understanding art law, such as copyright, originality, authorship, authenticity, and the ever-evolving landscape of digital art. Drawing from real-life case studies and practical examples, the book serves as an indispensable guide for artists, collectors, gallerists, intermediaries, and all
who operate in the visual arts.
Key features include: A comprehensive exploration of intellectual property rights, particularly copyright and trademarks, as they apply to visual arts; Insightful discussions on key issues such as originality, authenticity, authorship, and moral rights; Real-life case studies and practical examples demystifying complex legal concepts; Guidance on navigating the evolving landscape of digital art, including the impact of emerging technologies on authenticity and ownership; and Practical
strategies for balancing creativity with commerce, ensuring artists can generate revenue while staying true to their vision.
Empowering Creativity Through Knowledge
“In an era where the lines between art, law, and technology are increasingly blurred, it is imperative for artists to understand the legal aspects of art creation and ownership. Our book aims to empower artists and art professionals with the knowledge they need to protect their rights and navigate the complexities of the art market,” says Professor Ajogwu.
Dr. Castellote adds, “We have created a resource that makes complex legal concepts accessible to everyone in the art world. Whether you’re an emerging artist or an established collector, ‘Creating Art’ provides the tools you need to navigate the art market confidently and thrive in today’s rapidly evolving landscape.”
In referring to the first book in the series, the authors stated, “Building upon the foundation laid by our previous work, ‘Collecting Art,’ we now address the critical topics of copyright, authenticity, ownership, and fraud within the visual arts. Our ongoing commitment is to tackle the complexities inherent in these issues.”
The authors emphasise that authenticity is not static but dynamic—spanning the entire life of an artwork, from its creation to its preservation, restoration, and display. They further explore the challenges of balancing artistic integrity with commercial interests, a tension faced by artists since the days of Vincent van Gogh, who epitomised the struggle of the “starving artist.” Today, understanding the intersection of art and commerce is not just beneficial but necessary for artists seeking recognition and financial sustainability.
Lloyd: Range Development Gateway to Global Access for West Africa’s HNIs Ajogwu Unveils New Book, Creating Art: Authenticity and Ownership in the Visual Arts
Siobhan M.S. Lloyd is a legal consultant at Range Developments, a leading developer of ultra-luxury hotels in the Caribbean offeringcitizenshipbyinvestmentopportunities.Withover20yearsofexperienceinlawandrealestate,Lloydhasestablished herselfasanexpertinCitizenshipbyInvestment(CBI)intheCaribbean.InthisinterviewwithOmolabake Fasogbon,shesheds light on the benefits of investing in Range Developments and its implications for global citizenship, focusing on opportunities for Nigeria and West Africa’s High-Net-Worth Investors comprising 40% of the company’s clients
With your experience spanning multiple Caribbean jurisdictions, what evolution have you seen in Caribbean Citizenship by Investment, particularly in St. Kitts, Dominica, and Grenada?”
Having worked in three Caribbean jurisdictions, I have observed the evolution of the Citizenship by Investment (CBI) programs. Initially, I focused on St. Kitts, known as the pioneer and the “Rolls Royce” of these programs, which had a minimum investment of $400,000 for real estate, targeting high-net-worth individuals seeking global mobility and legacy planning rather than purely economic incentives. However, as competition increased, the minimum investment for the real estate option was lowered to $200,000 to match the donation option, leveling the playing field across Caribbean CBI programmes.
Following the passing of hurricanes in some of the jurisdictions, Caribbean Citizenship by Investment programs shifted towards sustainable development-focused investments. Additional changes include: There have also been changes in the due diligence processes such as changes in submission of application form and mandatory interview for investors. The programme has witnessed threat of underselling by some developers which also extends the processing period.
Range Developments has been at the forefront of luxury hotel development in
Lloyd
the Caribbean. How does it get to reconcile luxury, sustainability, and investor demands for second citizenship in the Caribbean?
By exploring partnerships with proven designers and hotel operators, we have successfully developed three luxury resorts across the Caribbean, with a fourth currently under construction. Thus, our investors not only enjoy many benefits of second citizenship, their investment affords them a share in our award-winning brands dedicated to sustainability and luxury. So far, Nigeria/West Africa contributes to 40% of our investors. As with any HNIs, our clients from this region demand efficiency and accountability, so, we not only focus on delivering on
the construction and operation of our projects, but ensure that the process of obtaining second citizenship is as seamless as possible.
What benefits do investors gain from investing in Range Developments’ projects, both in terms of real estate and citizenship advantages in St. Kitts, Dominica, or Grenada?
A lot of investors prefer to avoid any stigma attached to the “buying of a passport,” our investors thus receive the respective catalogue of benefits of obtaining citizenship of St. Kitts, Dominica or Grenada including but not limited to citizenship for life for them, spouse, children, parents and siblings in a jurisdiction they are not required to reside in; visa free travel to 100+ countries. They also own a share in an our brand and during the 5-year minimum holding period, they are also entitled to a 7-night complimentary stay at one of our three hotels; while the exit options provide the ability to realize capital gain and income generation on investment.
The Caribbean offers a blend of lifestyle benefits and business opportunities. How do you combine this appeal to investors seeking financial return and a second citizenship?
By acquiring citizenship of Caribbean jurisdiction, investors are entitled to full residency and right to work. Caribbean countries are experiencing economic growth, driven by tourism, agriculture, renewable energy and technology, while governments have been making ongoing investments in infrastructure
to enhance accessibility.
These are opportunities for secondary investment. By being in close proximity to North America, the Caribbean offers a strategic hub for trade. Many Caribbean jurisdictions offer low- or no-income tax, capital gains tax or inheritance tax. The Caribbean is renowned for its stunning beaches, warm climate and natural beauty making it an appealing place to live. Given the political stability of the Governments, the Caribbean offers a secure environment for investment.
How does your projects stand out to HNIs seeking citizenship opportunities at forthcoming Henley & Partners’ Investment Migration Roadshow?
We have a proven track record, with numerous successful citizenship outcomes and a significant portion of our business generated through referrals. Many of your invitees may already know someone who has invested in our projects and obtained citizenship.
As a Caribbean native with direct connections to government officials and program CEOs, I offer unique insights into the second citizenship application process in St. Kitts, Dominica, and Grenada. Potential investors can also visit any of our three operational projects to experience firsthand the quality of our developments, providing transparency and confidence in their investment decision.
Ajogwu (left) Castellote
Edited by: Duro Ikhazuagbe
email:Duro.Ikhazuagbe@thisdaylive.com
US Court Orders Mayweather to Pay Nigerian Firm $2.4m over Contract Breach
AUnited States Court has upheld a previous ruling
ordering former world boxing champion, Floyd Mayweather Jr., to pay Zinni Media Concept Limited, a Nigerian company, $2.4million in damages for breaching a contract.
The dispute stemed from a 2017 agreement between Zinni Media and Mayweather.
According to a statement by Alex Nwankwo, the company’s media executive, the boxer was contracted to make a series of appearances in Africa, including Nigeria.
However, Mayweather abruptly terminated the deal without cause and refused to refund the advance payment made
to him by Zinni Media. Nwankwo noted that Mayweather’s legal representatives claimed the company, being Nigerian, was outside the jurisdiction for any refund. “After several unsuccessful attempts to recover the appearance fees from the American boxer, the company instituted a legal action against Mayweather in 2018, alleging breach of contract, unjust enrichment, and fraud,” Nwankwo said.
In October 2023, a lower court in California ruled in favour of Zinni Media, awarding the company $1.6 million in damages, $721,881 in prejudgment interest, $16,270 in attorney fees, and $285 in other costs, totaling $2.4 million.
Mayweather appealed the ruling, but in the latest decision on August
27, 2024, the California Court of Appeals, through its clerk Eva lower court’s judgment. case, Mayweather was yet to pay the damages. Nwankwo added that the court had directed U.S. attorneys to enforce the judgement, with instructions to target Mayweather’s assets, including a 2015 Bugatti GSV and a 2015 Ferrari LaFerrari Aperta, both valued above the amount owed. “We are grateful that two courts have granted a prayer by Zinni Media Ltd to impose terminating sanctions against Mayweather,” Nwankwo said.
Mayweather has continued to face additional penalties as the unpaid judgement accrues interest at 10 per cent per year.
AFCON 2025 QUALIFIERS
In Osimhen’s Absence, Eguavoen Picks Boniface, Lookman, 21 Others to Battle Libya
Head Coach Augustine Eguavoen has listed Bayer Leverku -
sen’s Victor Boniface to lead Nigeria’s assault against Libya’s Mediterranean Knights in the AFCON 2025 double for the next fortnight.
Also to be involved in the Super Eagles attack is the duo of rave-of-the-moment Ademola Lookman, in-form winger Moses Simon and and Kelechi Iheanacho.
In a 23-man list released yesterday by the Nigeria Football Federation (NFF), team Captain, William TroostEkong will lead Super Eagles backline along with Olaoluwa Aina, Bruno Onyemaechi, Oluwasemilogo Ajayi and choice goalkeeper, Stanley Nwabali covering. Maduka
Okoye is the reserve goalkeeper along with former Bendel Insurance safe hands AMAs Obasogie. In the middle are Wilfred Ndidi, Raphael Onyedika and Alex Iwobi, while Taiwo Awoniyi and Samuel Chuk-
wueze are the other forwards also listed for the duel with Libya.
Reigning Africa Player of the Year Victor Osimhen is excluded on grounds of injury, just as South Africabased centre-back Olisa
Ndah, but defender Bright Osayi-Samuel makes his way back after missing the duels with Benin Republic and Rwanda last month, and in-form playmaker Chidera Ejuke returns to the fold after many months.
NPFL: Lobi Stars’ Winless Run Ends against Shooting Stars
Bendel Insurance hold El-kanemi at the Ogbemudia Stadium
Lobi Stars ended their winless run in the 2024/2025 NPFL season on Saturday as they defeated Shooting Stadium.
Samuel Tiza was on target for the lone goal win before the half hour mark for the Makurdi-based side who are playing in the Nasarawa State capital due to ongoing work on their home ground.
The victory has now moved Lobi to 15th
position on the NPFL log. Shooting Stars, who occupy 13th position on the
At the Samuel Ogbemudia Stadium, Benin City, Bendel Insurance held El-kanemi Warriors to a 1-1 draw.
Ibrahim Mustapha gave El-kanemi Warriors the lead after two minutes. The hosts levelled through Michael Enaruna in the 19th minute.
The remaining Matchplayed today across
PREMIER LEAGUE
Arteta Heaps Plaudits on Saka as Arsenal Maintain Unbeaten Run
After Arsenal came from behind to maintain their unbeaten start to the season against winless Southampton at Emirates Stadium yesterday, Manager MikelArteta heaped plaudits on Bukayo Saka for his yeoman’s job in the 3-2 victory.
Two goals in 10 second-half minutes from Kai Havertz and Gabriel Martinelli ensured the Gunners made a full recovery after being stunned by Cameron Archer’s opener for the visitors.
two goals, scored the third in the closing stages with a clinical unbeaten run in all competitions to 16 matches.
Arsenal manager MikelArteta later described Saka, who has seven assists in as many league games this season, as “unbelievable”.
“He has the capacity to change and decide games. That is his maturity and it’s another step in what he wants,” Arteta said.
The win meant Arsenal became only the second club in Premier League history to record 400 home wins, and they remain within one point of Premier League pace-setters Liverpool before the international break.
Southampton, who still only have one point after seven games, had struggled amid incessant Arsenal pressure from the outset but, albeit at times unconvincingly, the visitors successfully held out until half-time.
Saints took an unexpected lead 10 minutes after the restart, Archer providing a neat
Raheem Sterling, making his was dispossessed by Mateus Fernandes.
That only served to spark Arsenal into life, however, and the hosts responded just three minutes later when Havertz
timed his run perfectly to meet Saka’s cross at the back post.
Floyd Mayweather must
Zinni
ances in Africa
Victor Boniface (in front) has been tipped to lead Nigeria’s attack in the double header AFCON 2025 qualifiers against Libya starting with the first leg in Uyo this Friday
Femi Solaja with agency report
Atiku to Fubara
“I commend Governor Siminalayi Fubara, @SimFubaraKSC, for his courageous leadership in ensuring local government elections are held in Rivers State. I also encourage every resident to embrace their civic duty with peace and purpose as they cast their votes” – Former Vice President, Atiku Abubukar, commending Rivers State governor, Sim Fubara, describing the state local governments elections as in line with the Supreme Court decision.
SIMON KOLAWOLE
On States, Regions and Federalism
Days ago, I stumbled on a fierce social media debate. It was centred on when Nigeria moved from “federal” to “unitary” system. I was very uncomfortable with the distortion of elementary political concepts but, as a basic rule, I do not participate in Nigerian social media debates. It is usually not a good use of time as things hardly end well. What actually jolted me was the confusion of “regions” with “federalism”. Somebody authoritatively declared that it was when we moved from “regions” to “states” in 1967 that we abandoned “true federalism” — and many agreed with him. There and then, I decided to revisit the government I studied as a subject in Form 4 during my O’Level education.
In a way, I can understand the confusion. When respected people say we should go back to “true federalism” by returning to the regions “as in the 1963 constitution”, those who do not have the foggiest idea of what used to obtain can easily confuse the concepts. I have come to understand that many Nigerians do not know the difference between a federal and a unitary structure, presidentialism and parliamentarianism, and other types and structures that define a political system. My modest attempt today is to pick on some of the common political concepts and explain them in simple and straight terms for the benefit of those who genuinely do not understand.
The first point I would make is that federalism is not determined by what you call the federating units. In Nigeria, we call the centre “federal government” and the subnational units “states”. Federations such as Mexico, the US and Germany also call them states. In Switzerland, they are called cantons; in Australia, states and territories; in Canada, provinces; in the United Arab Emirates (UAE), emirates; and in Ethiopia, regions. Therefore, what you call them does not determine whether the federalism is “true” or “fake”. Osun state was once renamed “State of Osun” in line with the nomenclature in the US where “true federalism is practised” and where states are called “State of…”
Now to the point: when did Nigeria move from “true federalism” to a unitary system? Without prejudice to the motive of those involved in the social media argument, it was the Unification Decree No. 34 of 1966 that abolished federalism and replaced it with a unitary system. The opening line of the decree was unequivocal about it: “Subject to the provisions of this Decree, Nigeria shall on 24th May 1966 (in this decree referred to as ‘the appointed day’) cease to be a Federation and shall accordingly as from that day be a Republic, by the name of the Republic of Nigeria, consisting of the whole of the territory which immediately before that day was comprised in the Federation.”
Before then, there were four regions: Northern, Eastern, Western (all created by Sir Arthur Richards in 1946) and Midwestern (created from the Western Region in 1963). Every region had provinces. Under the Unification Decree of 1966, the regions were “abolished” but — in a classic case of “potato/potahto” — they remained the same. Section 2(1)(c) of that decree stated that “the provinces… respectively comprised in Northern Nigeria, Eastern Nigeria, Western Nigeria and Mid-Western Nigeria shall be known respectively as the Northern group of Provinces, the Eastern group of Provinces, the Western group of Provinces and the Mid-Western group of Provinces”.
Now this: Section 2(1)(d) of the decree stated clearly that “for the purpose of administration each group of provinces shall subject to the authority of the Head of the National Military Government, be under the general direction and control of a Military Governor appointed by the Head of the National Military Government”. That was the end of the federalism we started practising narrowly under the Richards Constitution in 1946 and more broadly under the MacPherson Constitution of 1951 and the Lyttleton
Gen Yakubu Gowon created 12 states from four regions in 1967
Constitution of 1954. It was the 1954 constitution that actually refined our federalism by comprehensively listing the exclusive and concurrent powers. It was produced largely by Nigerians.
The 1960 and 1963 constitutions were basically updated versions of the Lyttleton Constitution to reflect Nigeria’s independence and republicanism respectively. However, it is only important and fair to state at this point that the move to a unitary system under the military in 1966 was logical: the military operates a command-and-control system. All orders flow from the top. No military unit is independent of central authority. It is anathema under a military system for the supreme commander to issue an order and for a commanding officer to act differently or issue a counter order. It is not done. With the Nigeria military seizing political power, authority had to be centralised.
I was initially taken aback that the abolition of the four regions and creation of 12 states in 1967 by the military government was described as the abolition of federalism in favour of a unitary system. One person confidently said the change from “regions” to “states” marked the end of federalism. But on a second thought, I should not be surprised. Anyone who has been listening to public debates recently will have heard that returning to “regionalism” was equal to returning to “true” federalism. That may suggest that regions and federalism are the same. That is not true. Unitary systems use “regions” as well. In Ghana, which runs a unitary system, the governing units are called regions. Now to the concepts. What is unitary system? It is a political structure in which all powers belong to the central/national government. The subnational governments are subservient to the centre. In Ghana, for instance, the regions are subordinated to the centre. The 16 regions have 261 districts. The central government in a unitary system usually devolves power to the subnational levels. The UK — a kingdom of four countries — runs a highly devolved unitary system, with Scotland, Wales and Northern Ireland having their own parliaments and heads of government business. No two unitary systems are the same. Every country localises its practice based on its own political evolution. What is federalism? Here, power is shared between the national and subnational governments, unlike in the unitary system where all powers belong to the centre which in turn donates some to the lower
levels. The basic principle of federalism is that the federating units are co-equals — and the states are not subservient to the centre. The powers each partner has are listed on the exclusive and concurrent lists. Exclusive powers are reserved for the centre while concurrent powers belong to both the centre and states. Anything not on exclusive and concurrent lists are considered “residual” and are under states. The federal government is not superior, except in areas on the exclusive list.
Federalism is practised differently in different countries, but some characteristics are common: the monetary policy is controlled by the centre to avoid having different rates and currencies; foreign affairs are under the federal government, otherwise every state will appoint ambassadors; there is only one military, else every state will have an army, air force and navy; and the country’s borders are under the federal government. However, every federation organises itself differently: there is state police in the US, unlike in South Africa. All resources are controlled by the Malaysian federal government; in the UAE, they are owned by the emirates; in Nigeria, there is a sharing formula.
In a typical federation, each federating unit has its own executive, legislature and judiciary — just like the central government. Each state runs its own budget and is not dictated to from the centre. Under military rule in Nigeria, state budgets were subject to approval by the head of state. That was a unitary system which was effectively abolished under the 1979 Constitution. Also, federalism is essentially a union between two tiers of government, but some federations recognise local governments as a tier. Brazil’s local councils have been totally independent of the states since 1987. In Nigeria, there is a strong move towards granting political and economic autonomy to the LGAs.
What is a confederation? Interesting one. It is a loose political arrangement where the units are stronger than the centre. They have individual currencies, flag, anthem, military, legislature, judiciary and executive. They are independent of other confederating units. To put it simply, it is a union or league of sovereign states — a marriage of convenience. Currently, there is no country that can be called a confederation. Although Switzerland is officially named the “Swiss Confederation”, it has been a federation since 1798. The US was a confederation from 1781 to 1789. Senegambia (Senegal and Gambia) formed a confederation that lasted for exactly seven years — from 1982 to 1989. There are still confederations, nonetheless. The African Union (AU) is one. The European Union (EU) can be described as one, although its monetary union is a feature of federalism. There was a time many opinion leaders in Nigeria started demanding “confederalism” as the solution to our political crises and the only pathway to development. We are never short of ideas that we think will make the country great. Some have called for “true” federalism, “fiscal” federalism, change of name, change of flag and change of anthem. We are back to the “Nigeria We Hail Thee” anthem but there are yet no signs of massive development. The regionalism campaign has also staged a comeback. This is Nigeria.
As a parting shot, I would implore young Nigerians not to believe everything they read in the newspapers and on social media regarding political systems and the history of Nigeria. They should behave like the Bereans who subjected to biblical scrutiny everything they were told by the apostles. I have come to realise that a lot of revisionism is going on and many people are manipulating history and political concepts just to ram home their biases and beliefs. Some are no longer interested in the facts. All they do is pass opinions as facts and prey on the vulnerable. We are free to hold opinions and propagate ideas as we debate the state of the union, but may we kindly respect the facts?
And Four Other Things…
THE RIVERS BETWEEN
Why should a court of law direct the INEC not to release voters’ register to the Rivers State Independent Electoral Commission (RSIEC) for the local government election? Why should a court ask police not to perform their constitutional duty of providing security? We are literally ruining this democracy because of egos and politicking. At the root is the conflict between Governor Simi Fubara and his estranged benefactor, Chief Nyesom Wike. President Tinubu must put his foot down on the crisis before things get out of hand. It is purely a political crisis to be resolved politically and Tinubu must urgently take the lead, otherwise the conflagration may become unquenchable. Statesmanship.
RISING STATS
Starlink recently announced a rise in its monthly subscription fee by 97 percent — from N38,000 to N75,000. The hardware is now N590,000, up from N440,000. The price hike, according to the satellite internet service owned by Elon Musk’s SpaceX, was necessitated by inflation in Nigeria. It is hard to argue against the justification, with the heavy depreciation in the value of the naira in the last one year and several other costs associated with tech services. However, with Nigerian telcos also making a similar case for tariff adjustments in response to the economic statistics, you sense that it is just a matter of time before the Nigerian Communications Commission (NCC) approves. Imminent.
KEMI BADOO
Kemi Badenoch, the former UK business and trade secretary, has been making a passionate bid to become the new leader of the Conservative Party — a step towards becoming the prime minister in the future if things work in her favour. I am so happy for her. But can she please stop telling lies about Nigeria? She said she left the country in 1996 after “leftist” policies had eroded private wealth. I know she was just six when the structural adjustment programme (SAP) was introduced in 1986, resulting in the massive devaluation of the naira, but SAP was a neo-liberal, not leftist, economic policy. I think she can use the services of fact checkers before her next Nigeria-bashing show. Shame.
NO COMMENT
The Jigawa state government has decided to acquire Khadija University, a privately owned institution in the state, for N11 billion. N11,000,000,000! Wow! What exactly is the state government buying? Is it the land (in a state where land is surplus to requirements)? Is it the buildings (how much does it cost to put brick and mortar together)? Is it the facilities (do they have nuclear reactors and rocket launchers on campus)? NB: this is aside the subventions for capital and operational expenditures that will soon enter the state budget. So, this thing they do with award of contracts and purchase of private buildings has now found its way into the campus? ELEVEN BILLION NAIRA. Wonderful.