OTHERS' VIEWS

OTHERS' VIEWS

SUNDAY 1-DEC

 

Hearn confirms Joshua’s 2025 return date
https://reubenabati.com.ng/sports/hearn-confirms-joshua-s-2025-return-date

Why Nigeria Needs Tax Reform – Oyedele
https://reubenabati.com.ng/feature/why-nigeria-needs-tax-reform-oyedele

Okpebholo, APC Jittery Over Exposure Of Systemic Rigging In Edo, Lies To Cover Fraud – Obaseki
https://reubenabati.com.ng/feature/okpebholo-apc-jittery-over-exposure-of-systemic-rigging-in-edo-lies-to-cover-fraud-obaseki

CBN tells Nigerians to report cash withdrawal issues from December 1, banks to face penalties
https://reubenabati.com.ng/feature/cbn-tells-nigerians-to-report-cash-withdrawal-issues-from-december-1-banks-to-face-penalties

Local Government Autonomy….Concerns Mount Over Non-execution Of Supreme Court Ruling
https://reubenabati.com.ng/feature/local-government-autonomy-concerns-mount-over-non-execution-of-supreme-court-ruling

Tinubu Tax: North’s anger grows as youths attack Deputy Senate President
https://reubenabati.com.ng/feature/tinubu-tax-north-s-anger-grows-as-youths-attack-deputy-senate-president

OAuGF report reveals huge financial infractions in NNPCL, NUPRC, NMDPRA
https://reubenabati.com.ng/feature/oaugf-report-reveals-huge-financial-infractions-in-nnpcl-nuprc-nmdpra

Rivers: N27bn IGR behind Fubara, Wike rift, INEC now APC member – Adeyanju
https://reubenabati.com.ng/feature/rivers-n27bn-igr-behind-fubara-wike-rift-inec-now-apc-member-adeyanju

‘I Am Against Tax Reform Bills, It Gives Some States More Advantage’ – Ningi
https://reubenabati.com.ng/feature/i-am-against-tax-reform-bills-it-gives-some-states-more-advantage-ningi

[STATE HOUSE PRESS RELEASE] President Tinubu Congratulates New NUJ President And Executive Team
https://reubenabati.com.ng/news/state-house-press-release-president-tinubu-congratulates-new-nuj-president-and-executive-team

[PRESS RELEASE] President Tinubu Approves Funds for UNESCO Media and Information Literacy Institute in Nigeria
https://reubenabati.com.ng/news/press-release-president-tinubu-approves-funds-for-unesco-media-and-information-literacy-institute-in-nigeria

Trump threatens 100% tariff on BRICS countries over currency plans
https://reubenabati.com.ng/news/trump-threatens-100-tariff-on-brics-countries-over-currency-plans

‘From Secular To Sacred’ - Filmmaker, Mike Bamiloye Reflects On Transformation To Gospel Drama
https://reubenabati.com.ng/feature/from-secular-to-sacred-filmmaker-mike-bamiloye-reflects-on-transformation-to-gospel-drama

Darey Art Alade and wife Desola mark 18th wedding anniversary
https://reubenabati.com.ng/feature/dare-art-alade-s-wife-deola-celebrate-18th-wedding-anniversary

Sokoto NLC Suspends Planned Strike Over ₦70,000 Minimum Wage
https://reubenabati.com.ng/feature/sokoto-nlc-suspends-planned-strike-over-70-000-minimum-wage

Nigeria needs collaborative leaders for national progress - Peter Obi
https://reubenabati.com.ng/feature/nigeria-needs-collaborative-leaders-for-national-progress-peter-obi

How Tinubu’s fiery critics became spokespersons, loyalists
https://reubenabati.com.ng/feature/how-tinubu-s-fiery-critics-became-spokespersons-loyalists

2027: Atiku, Obi deny joint presidential bid after reunion
https://reubenabati.com.ng/feature/2027-atiku-obi-deny-joint-presidential-bid-after-reunion

Tax Reform Bill: Atiku Calls For Transparency, Inclusivity In Debate
https://reubenabati.com.ng/news/tax-reform-bill-atiku-calls-for-transparency-inclusivity-in-debate

 

If to say trust dey, teacher for no dey set examination after student don talk say “sir, I understand”.

Several years ago, a friend of mine went scuba diving in the Caribbean with friends and family. They did one of those crazy unsafe deals where you get an hour-long crash course on all things scuba, then swim out into the ocean. Before the dive, she was paired up with a middle-aged man. They were to be scuba buddies — able to function independently, both had their scuba masks and oxygen tanks, but paired up to enjoy the adventure together and to provide support should something go wrong.

As long as they both had their scuba tanks on, and air flowing, they were a real source of life for each other — enjoying the wonders of the ocean together. But then something went wrong with his gear. Oxygen ceased flowing. Panic set in. They knew the emergency protocol — a series of hand gestures, sharing of oxygen, then a slow, calm ascent to the boat above. But as soon as he realized he could not breathe, all of that went out the window. He quickly grabbed her by the shoulders, shaking her and trying to yell. She tried to understand what he was doing but none of this looked like the emergency drill they had just learned! As she tried to calm him down, he suddenly yanked her aspirator out of her mouth. Desperation set in. Where there is scarcity, there’s desperation. And where there is desperation, there is exploitation. As he struggled for air, he began to push her head down, almost as though he was trying to climb her like a ladder to safety. Of course, what he was doing was drowning her. In return, she struggled violently with him to get the aspirator back and take a breath. Then, in a final act of desperation, he grabbed her and swam full speed toward the surface. In doing so, he forgot to pause and adjust the pressure, so when they arrived at the top they both got decompression sickness, also known as “the bends.” They survived but, needless to say, they are no longer swimming buddies, or any kind of buddies for that matter.

 

The same principle holds in all of life.

When you have a source of life, you are a source of life.

But where there is scarcity, desperation will set in. Desperation can easily become exploitation of others. If you are disconnected from a source of life, your “oxygen tank,” then you will attempt to suck life out of someone else. You will be tempted to use people to try to get your sense of self-validation. You will, in a moment, become a sucker of life rather than a giver of life. And this is how toxic relationships are born. And in all toxic relationships, often at the heart is a trust deficit.

 

The idea of the “Nigerian Dream” should ideally evoke a vision of prosperity, peace, and progress—a nation where hard work is rewarded, governance is transparent, and citizens can aspire to a better future. However, for many Nigerians, the dream appears elusive, overshadowed by decades of political instability, corruption, and an ever-widening trust deficit between the governed and those who govern. The reality for many is not a dream but a nightmare, fueled by broken promises, systemic failures, and a persistent cycle of distrust between the people and their leaders.

From the days of independence in 1960, Nigerians have been sold the idea of a great nation—a beacon of hope for Africa. The first-generation leaders, though not without their flaws, presented a semblance of vision and patriotism. However, successive governments—military and civilian—turned the dream into a mirage.

Each electoral cycle is marked by grand promises: eradication of poverty, job creation, infrastructural development, and national unity. Yet, as soon as the votes are counted and power is secured, the promises fade, replaced by self-serving governance, nepotism, and financial recklessness. This pattern has left Nigerians increasingly skeptical, with many resigning themselves to a fate where they expect little from their leaders and are rarely disappointed.

 

The relationship between Nigerian citizens and their leaders is characterized by deep-seated mistrust. The average Nigerian does not believe that politicians have their best interests at heart, and for good reason. Politicians frequently campaign on the rhetoric of service and transformation but, once in office, prioritize personal enrichment over national development.

Public trust is further eroded by the fact that Government spending, budget allocations, and policy decisions are often shrouded in secrecy. Public officials live in opulence while millions struggle to afford necessities.

From failed electricity reforms to unfulfilled employment schemes, leaders repeatedly make pledges that they never honor.  Leaving Nigeria consistently ranking among the most corrupt nations globally, as inflated contracts to brazen looting of public funds, corruption attained institutionalized heights.

 

To sound like a broken record, roads are death traps, hospitals lack basic equipment, and universities are frequently shut due to strikes. The absence of functional public services makes citizens question the competence and sincerity of their leaders.

Elections remain transactional rather than reflecting the will of the people, and are often bought, rigged, manipulated, or marred by violence. When leaders are selected rather than elected, accountability becomes a casualty.

Interestingly, the trust deficit is not just between the people and the government—it has extended to interpersonal relationships among Nigerians themselves. Decades of ethnic and religious divisions, exacerbated by political manipulation, have turned citizens against one another. The fear of the “other” persists, fueled by stereotypes and prejudices that leaders exploit for their gain.

 

With a potpourri of ethno-religious and cultural age-long propaganda, the national identity that should unite Nigerians has been replaced by regional and religious loyalties. In such an environment, it becomes difficult to build a unified front against bad governance.

A country’s youth should be its greatest asset, but in Nigeria, they are often treated as an inconvenience. Young Nigerians grow up witnessing leaders who remain in power for decades, recycling themselves through different political positions while offering little innovation or reform. The result? A disillusioned generation that sees little incentive to engage in politics or public service.

The recent wave of Japa (mass emigration) reflects this reality. Skilled professionals, entrepreneurs, and students are leaving Nigeria in droves, searching for opportunities in countries that offer stability and meritocracy. Many who remain are caught in cycles of unemployment, underemployment, or political thuggery.

 

If the youth—the backbone of any nation’s future—no longer believe in the Nigerian Dream, can the dream still exist? Or has it already turned into a nightmare?

Despite the bleak picture, Nigerians remain resilient. The continuous birth of movements like #EndSARS, #Endbadgovernance (whether ill-managed or ill-timed) the push for electoral reforms, and the increasing call for accountability signal that all hope is not lost. Civil society organizations, journalists, and a few progressive leaders continue to challenge the status quo.

However, for the Nigerian Dream to be revived, fundamental changes must occur, and leaders must commit to openness, ensuring that government dealings are subject to public scrutiny. Nigerians must move beyond complaining and actively participate in governance, from voting to demanding accountability. The electoral process must be strengthened to ensure that votes count.

 

Nigerians need to be reoriented to prioritize national unity over ethnic and religious divisions. Young people must be encouraged and empowered to take up leadership roles rather than being used as political tools.

So, is the Nigerian Dream alive, or is it merely a cruel illusion? The answer depends on perspective. For many, the daily struggle to survive makes it seem like a nightmare. But for others—those who continue to fight for justice, advocate for change, and refuse to give up—there is still a flicker of hope.

Nigeria continues to stand at a crossroads. It can either continue its descent into deeper mistrust and dysfunction or choose the harder path of reform and renewal. The Nigerian Dream is not yet dead, but it is on life support. The question remains: Who will step up to revive it? Only time will tell.

 

The United Arab Emirates has just held its Abu Dhabi Sustainability Week. Our president was there. A part of that event was the World Future Energy Summit which ended on Thursday last week. Saudi Arabia is holding a Smart City and Infrastructure Expo in September this year. It held one last year. When Muslim countries do things as these, they advertise Islam in the very best form. They make Islam attractive and beautiful.

Like Saudi Arabia, we have Islam here in abundance but we lack the sanity and prosperity of Saudi Arabia. Like the Western World, we have Christianity but the technological fruit of that faith eludes us. Saudi Arabia is busy building smart cities. It is working on NEOM, a $1.5 trillion digital city that is designed to make Dubai an ancient experience. The name NEOM is a blend of the Greek ‘neo’ (new) and the ‘M’ in the Arabic ‘Mustaqbal’ (future). The anglicized NEOM means ‘New Future’. The name tells the fecundity of the minds that conceived the idea. Saudi is building another wonder called Riyadh Smart City; and a third one christened Jedda Economic City. All these are being programmed to run on the most modern of science and tech ideas. To them, book is not haram; it is tonic that gives life. While they talk of Internet of Things (IoT) and Artificial Intelligence; we loot and burn libraries here; we break bones over who becomes an oba or an emir and who should not – in a democratic republic.

Saudi Arabia and the UAE are monarchies, yet they are modern in ways that challenge and shame our democracy. The Arabs use religion to make for themselves everything that makes the future a better experience than what today offers. Here in Nigeria, we pray for miracles. Life expectancy “refers to the number of years a person can expect to live.” The Vatican City has been the Centre of Christianity since the 4th century. Life expectancy in that city in 2024 was 84.16 years; in Saudi Arabia, it was 75.83 years; in UAE, it was 78.60. There is another Arab country called Qatar; life expectancy there in 2024 was 80.88 years. Like the Vatican City, Nigeria has Christianity in great abundance, just as it has a surplus of Islam like the Arab countries; yet, the number of years a person could expect to live in Nigeria in 2024 did not exceed 62.2 years.

 

Our president was at the UAE event. He must have seen the Muslim Arab country using 21st century brains to power its leap into the future. The rich who rode Rolls Royce there last year still ride their wonder on wheels. There are no fears of a government policy that will reduce them to jalopy drivers this year. The state won’t also fleece the poor to feed the rich. That country and others in its league leverage the best in technology to create hubs of innovative solutions to existential issues. Saudi streets are clean; its people are happy and resourceful. Yet, it is not a democracy and has no plan to be one. The UAE has the iconic Dubai as its poster of excellence. The country does not waste its time voting the worst to rule the best. Both countries are Islamic countries, but they do not breed Almajirai, Boko Haram and other variants of extremism that make lepers of their region and religion.

We cannot become those countries until we have blind laws that recognize no class, no ethnicity. We need schools, not temples of miracles. Saudi is a praying nation like us. Unlike us, Saudi Arabia does not insult God with laid-back demands. Saudi Arabia’s top universities are world class. Check their ranking; check ours. Everything that makes a nation fail itself is here. What we have here can only breed enlightened ignorance and unremitting want.

Saudi Arabia is attracting the best brains from all over the world to its universities. And the universities are not there as mere salary-paying loss centres. They are at the forefront of the country’s agenda for its emerging quantum revolution. What do we have in Nigeria?

At the last convocation of the Obafemi Awolowo University, Ile Ife, the institution’s pro-chancellor, Professor Siyan Oyeweso, delivered a withering verdict on the state of the Nigerian ivory tower. He said “the Nigerian university system has been replaced with ‘indigenized’ and ‘villagized’ universities. The hitherto national and international character of the system has been replaced with inbreeding. The staff profiles of federal and state universities – academic and non-teaching – reveal a shocking practice of father, mother, brothers, sisters and children working in the same system. Family dynasty has replaced the merit system.” Damn!

I connect very well with what Professor Oyeweso said. As an undergraduate, we had teachers from all over the world. There were foreign students just as children of the rich and the poor shared seats in lecture rooms. My university classroom experience was a lesson in classlessness. I shared the same class with an Akinrinade in an era when General Alani Akinrinade was one of the biggest names in the country. There was a Soyinka in my class. Governor Oladayo Popoola’s law-student daughter offered some courses that I also wrote in the same class. Yet, our Tigris and Euphrates flowed their courses in amity. The class that existed was the class of learning.

Today, when we tell our 1980s stories and the ones our fathers told us of the 1950s and 1960s, they mean very little – or naked nothing, to our children who have had zero positive contact with the Nigerian state. The mix of experience and status we enjoyed is missing today. Decay in public schools has driven the privileged abroad, or to private schools. The height of parents now determines how high the children can fly. Those stuck in public schools are daily plotting their escape. We cannot be well without casting down our castles of decay.

Despite their advancement in everything, the Arab world is still combing the world for more knowledge. Even our unusual country has been a destination for them. A delegation of the Association of Arab Universities was at the Arabic and Islamic Centre, Markaz, Agege, Lagos last week. Reports said they inspected the impressive digital technology and language laboratory, ICT Centre of the school. Why were they here? If you asked them, they would tell you that seeking knowledge anywhere is an obligation in their religion.

The black man wasted all the centuries of the past. We’ve wasted a quarter of the current century. The Renaissance of the 14th century influenced the Reformation of the 16th century. Both were the shock treatment that jolted the West out of its illiteracy and general backwardness. We need local versions of those two experiences to force a change here. We do not have the time.

A tiny country called UAE built adorable Dubai from a desert fishing village. Our president was there. We wait for the fruits of that visit. Saudi Arabia is using the fruits of Islam to build smart cities. We flock there for worship, business and leisure. Countries that emerged from the rubble of imperial Rome used Christianity to build the Western economies that continue to water our world. Here, we are using religion to cheat, to kill and plunder and cause confusion. The science that made Saudi and Dubai possible is sin to some mis-taught people. Our aspiration is not to gain the success of Saudi; we cannot build Dubai; we are far from where the West is, but we love the beauty of those places. Who really are we?

Nigerians are, as usual, being entertained to the soap opera called budget defence. The 2025 episode is living up to its billing.

Already, a  Senator has staged a walk out on his own committee.  The Inspector-General of Police, Kayode Egbetokun, sat in  the National Assembly, NASS on Thursday, January 16,  2025 to present the police budget. The problem that arose was that his presentation did not align with the budget proposals sent to the NASS. Two Senators protested, but were overruled.  So, one walked out.

The message is that the details  don’t matter, what does is the allocation of funds for spending. The two dissenting Senators must have forgotten the Senate vote in 2024 which rejected a motion that the Senate Committees of the Army, Navy, Air Force, Police  and allied forces should carry out oversight functions on their budget to ensure that they are spent in accordance with approvals, rather than be diverted by individual Generals.

 
 

Then, there was the drama that the biggest on-going contract  in the country, the N15.6 trillion ($12.5 billion) Lagos –Calabar Coastal Highway is  not even in the budget. The initial phase  of the contract stretching 47.47 kilometres is awarded at the cost of N4 billion per kilometre.  It had elicited some controversy in 2024 when  N1 trillion was said to have  been paid for the project without  budgetary approval.  So is this trend continuing? The explanation for its non-inclusion in the 2025 budget came from several sources.

For example, the Managing Partner, KPT Associates Ltd, Dr Chukwuma Katchy; the Treasurer of the Nigerian Society of Engineers, Victoria Island Branch, Babatunji Adegoke; and  the Managing Director of Fame Oyster and Co. Nigeria, Femi Oyedele, explained to Nigerians that the said road project is  an Engineering, Procurement, Construction, and Financing, EPC+F project that does not need to be included in the annual budget. They claimed  that the contractor is paid at the end of the project or the end of a phase.

But unknown to these defenders, the Minister of Works, David Umahi,  and his team were using torch lights through the nights to search for  the budgetary provision. They had not reported the case of a missing or abducted budgetary line to the Police when after five days, they found it.  In announcing the lost but found budgetary provision, Umahi said:  “What you have in the budget was Lagos-Port Harcourt Highway, it is supposed to be Lagos-Calabar Highway…”  Case closed! Next episode.

Distinguished Senators savagely attacked the Joint Admissions and Matriculation Board, JAMB, during its budget defence. They claimed it spent N1.1billion collected from poor students, many of them orphans, to feed its officials. The Distinguished accused JAMB of spending  N850 million on security, cleaning and fumigation in 2024. They also condemned JAMB  for allegedly spending N600 million on local travels, N6.5 billion on local trainings; N1 billion on staff housing scheme, maintenance of vehicle and refurbishment.  JAMB, they claimed, remitted  N4 billion  in 2024 while collecting N6 billion from  the Federal Government. They concluded that government should stop giving  financial allocations to JAMB.

JAMB which under its Registrar, Professor Isaq Oloyede, has become the most transparent  federal agency and one of the most productive public institutions, responded. It stated that the claim that JAMB spent humongous  amounts  in 2024 on meals or fumigation, security and cleaning, is a fiction.  Its Registrar, it said,  did not discuss or present anything relating to the Board’s 2024 expenditure  at  the budget defence.

JAMB said during the budget session, contrary to the Distinguished Senators claims,  there was no N850 million for fumigation or related matters and that in fact, less than N1 million was spent on fumigation in  2024 while the budget for 2025 is N2 million. It explained  that in recognition of the sensitive responsibilities of its staff to minimise exposure to the public during office hours and avoid the danger eating in the offices poses to ICT infrastructure, the management sought and obtained approval to start providing lunch  for staff. The cost of this in the last two years had been N1,200 per staff, while under the 2025 budget, it is N2,200,  including 13.5 per cent taxes. It clarified that this new increase, if approved, comes to N1.27 billion for all its 2,300 workers.

On cleaning, JAMB stated that  it has 194 outsourced cleaners across its over 40 offices  and Professional Testing Centres, PTC, in the country. This means it has less than five cleaners per office in every state. Its outsourced security personnel are less than ten per office across the country. JAMB further clarified that all its capital, overhead and operational costs are met by it  from its Internally Generated Revenue, IGR, while government  covers the salaries of only pensionable JAMB staff. It appeared the  stage was set for a titanic battle. But it turned out to be farcical. The National Assembly  immediately made a U-turn.  The Chairman of its Joint Committee on Finance, Senator Sani Musa, issued a    statement apologising that Professor Oloyede and JAMB were wrongly accused of reckless spending.

It said that JAMB had displayed prudent use of resources and that Oloyede “deserves commendation for demonstrating financial discipline and accountability in managing the Board’s resources effectively.” It added that: “This level of stewardship serves as a model for public institutions across the nation”. But the question remains: why the false accusations in the first place? Was it to intimidate JAMB, and if so, for what purpose? We never might know, but this is not uncommon in the NASS.

The budget defence is still on. It means that more drama should be expected. But a curious point for me is that, traditionally, the NASS, at least since the Obasanjo administration, annually pads the budget.  Some will call this a criminal act. I don’t know what you will call it.  I recall that President Muhammadu Buhari annually lamented this. But I did not read about padding  last year, and it does not appear to have surfaced in this budget. Is it that the NASS has become born again, repented its old ways  and turned a new leaf? Or can it be that it  has reached some accommodation with the Tinubu administration?

Another issue is the NASS award of contract to  its  Distinguished and Honourable Members without proper accountability or checks and balances. It is euphemistically called ‘Constituency Projects’.  

Yet another matter on budgeting arises. This, again, is an old matter. How much do our Senators and the Honourables budget for themselves as total emolument monthly? Senator Sumaila Kawu, Kano South, revealed in August 2024 that he was being paid N21 million monthly. What we have is a  rainbow coalition of the unaccountable. God bless the Federal Republic of Nigeria.

 

 

For the better part of the last decade, Nigeria’s economy has been quite troubling. During President Muhammadu Buhari’s administration, the World Bank’s Atlas of Sustainable Development Goals revealed that the number of Nigerians living in extreme poverty of less than $1.90 per day superseded that of every other country in the world.

There was not much change to the narrative from about 2017 when the report was made public till the end of the administration in 2023. This seems to explain the expedience of the series of reforms introduced by the new administration of President Bola Ahmed Tinubu – reforms that are yet to rescue Nigerians from pervasive hunger. The floating of the naira in particular virtually rubbished whatever was left of the value of the country’s currency.

But while everyone has been lamenting the situation, a few groups appear to be succeeding in their strategic design of exploiting fellow citizens to garner huge resources for themselves. Notwithstanding the efforts of Nigeria’s anti-corruption agencies to battle corrupt citizens, the nation is still ranked by Transparency International (TI) as low as 145 out of 180 most corrupt nations in the world.

 
 

Only last week, the Economic and Financial Crimes Commission EFCC jolted the polity by moving against insider abuses. She courageously dismissed 27 of her officers for various offences bordering on fraudulent activities and misconduct. In addition, the Commission is currently investigating an allegation of corruption to the tune of $400,000 against one of its sectional heads while promising that “every modicum of allegation against any staff of the Commission would always be investigated.”

Although the public believes that our law enforcement agencies can do far more than they are currently doing, there is at least some evidence that the fight against kidnappers is still raging. But there is ample silence over the unending sharp practices by banks at the expense of fellow citizens to garner huge resources year in year out. According to one analyst, Nigeria’s big banks which recorded as much as N1.83 trillion profit in the first 9months of 2023 were able to double the figure in the same period in 2024. This level of profiteering is attributed to the exploitation of two key policies; first, the liberalization of the foreign exchange market and second, the exceedingly high-interest rate regime. It is an unpatriotic game of taking undue advantage of the letters rather than the spirit of both policies. 

Against this backdrop, several questions have been begging for answers. First, with Nigeria’s poverty level featuring majority of citizens living below poverty line, with whom are our banks trading to attain their huge profits? Why is it that during festivities especially towards the end of every year, the naira suddenly becomes scarce in our banks and their affiliates? The first time what looked like a direct answer to these questions emerged was some two months back when the CBN Governor, Olayemi Cadoso warned banks to strictly adhere to cash distribution policies or face severe penalties. Cardoso spoke at the Annual Bankers’ Dinner of the Chartered Institute of Bankers of Nigeria (CIBN) in November 2024.To me, what the warning suggested was that the unpatriotic act of starving citizens during such periods was the handiwork of our banks.

Alas, last week a big hammer fell on 9 banks, namely: Fidelity Bank Plc, First Bank Plc, Keystone Bank Plc, Union Bank Plc, Globus Bank Plc, Providus Bank Plc, Zenith Bank Plc, United Bank for Africa Plc, and Sterling Bank Plc. They were sanctioned for failing to make naira notes available through automated teller machines (ATMs), during the last yuletide season. For such unpardonable non-compliance with CBN’s cash distribution guidelines, each of the banks was to pay a fine of N150million. There is doubt if the penalty is commensurate to the pain which the banks’ indiscretion inflicted on citizens but Cardoso deserves to be commended for breaking away from the past practice of merely warning our banks. As the apex bank has observed “ensuring seamless cash flow is indeed paramount to maintaining public trust and economic stability.”

The public on its part looks forward to the following greater promise by the CBN:a) enforcing POS operators’ daily cumulative withdrawal limit of N1.2 million; b)continuous investigation and monitoring to scrutinize cash hoarding and rationing, both at bank branches and by Point-of-Sale (POS) operators and c) working with security agencies to crack down on illegal cash sales and operational violations. There is however a suggestion in some quarters that banks are being merely used as scapegoats to cover the nation’s economic doldrum. Whereas this is possible, it appears quite hard to support considering that most of the affected banks are among those that telecoms’ operators have secured the approval of the Nigerian Communication Commission NCC to disconnect over unpaid debts.

Does it therefore mean that sharp games such as tax evasion and hoarding of the naira are part of what have been boosting the economic prosperity of banks and their executives? If so, patriotic bank leaders have an obligation to call their bad eggs to order. It is almost unimaginable that some bankers that many of us admire and look up to in the struggle to uplift Nigeria from her precarious economic situation are secretly playing major roles in undermining the nation. There is thus the need for a rejuvenation of our value system so as to reinstate positive work ethics which rewards constructive hard work. Nigerian award organizers need to further introspect and ensure that only persons of integrity and not bogus political office holders or those who relish profiteering are selected for awards.

Nigerians should develop the courage to call out persons who are known cheats. But for the threat of suing for defamation, I was almost immediately tempted to support Governor Seyi Makinde of Oyo State for openly condemning the Oyo-mesi (kingmakers) that he accused of receiving bribes to select a new Alafin of Oyo. Makinde must move a step further by ensuring that the particular kingmakers he indicted are prosecuted. By so doing, he would have taken the lead in the clamour for many leadership positions in our country – University Vice Chancellorship or indeed sacred Obaship etc. to be neither compromised nor commercialized. This plea for Nigerians to openly reject vices must however not be exploited. It is not in the interest of the nation for anyone to, under the guise of exposing vices, deliberately indict innocent fellow citizens.

Only a few days ago, many Nigerians must have been shocked to watch our federal legislators on national television bullying and harassing the impeccable Professor Ishaq Oloyede, Registrar of the Joint Matriculation and Admissions Board, JAMB. At a budget defence session last Monday, the examination body was alleged to have among other things spent N1.1 billion on meals and N850 million for fumigation. Oloyede was even derided as having been fumigating mosquitoes. Any Nigerian who has followed the history of JAMB, must have been aware of not only the positive transformation of the body by Oloyede but also that it was him who ended the era of JAMB snakes swallowing huge funds of the organization. Legislators who claim to represent the people should know leaders more than the rest of us.

Luckily, the National Assembly Joint Committee on Finance has since exonerated JAMB of the alleged misappropriation of funds in its 2024 budget implementation. Sani Musa, Chairman of the committee, said in a statement that the board “was erroneously accused of reckless spending.” 

According to Musa, the comprehensive report provided by JAMB indicated that the line items mentioned during Monday’s hearing on revenue did not suggest any mismanagement or misuse of the board’s funds. On the contrary, the report highlighted the responsible and prudent use of resources under the leadership of the registrar.”

It is hoped that moving forward, legislators would be encouraged by their presiding officers to make better use of the presence of television cameras during budget sessions instead of playing to the gallery. Consequently, committees of the National Assembly should diligently carryout their oversight functions as a basis for preventing poor performance by agencies rather than waiting for televised sessions to point out imaginary faults. Just like what the CBN has done to recalcitrant banks, it is only agencies that refuse to heed several warnings that should be chastised. In which case, agencies of government and oversight supervisors in the legislator must be working together in the interest of Nigeria.

 

 

The Labour Party leader and the 2023 Presidential Candidate, Peter Obi, has reacted to the tragic petrol tanker explosion that claimed several lives, calling for stricter Safety Measures to avert the persisting accident.

Writing on his X handle, Obi condoles the bereaved families and prays for quick recovery of the injured.
"The tragic petrol tanker explosion that occurred along Dikko-Maje Road in the Suleja Local Government Area of Niger State yesterday is truly heartbreaking. Reports indicate that over 70 lives were lost, while more than 50 people were injured in the incident.

"These accidents, which have sadly become increasingly recurrent in recent times, highlight the urgent need for the implementation of stricter safety measures to address the dangers of tanker explosions and similar incidents, which often result in colossal disasters.

"I sincerely commiserate with the families who lost their loved ones in the tragedy. I also extend my condolences to the Government and people of Niger State over this devastating incident. May God grant them, and all of us, the fortitude to bear this loss, eternal rest to the departed, and a swift recovery to the injured.

Ibrahim Umar
POMR SPOKESMAN

Nigeria’s acceptance into the BRICS club as a partner country is a slap in the face for Nigerian leaders, the foreign policy establishment and citizens who believe that Nigeria is a powerhouse in Africa and can play a big role in world affairs. 

In years gone by, Nigerian leaders projected an active foreign policy that not only made Africa the centrepiece of the country’s foreign policy but also branded Nigeria as the lead voice on the global stage for matters pertaining to Africa. 

The announcement by Nigeria’s Ministry of Foreign Affairs that the country has been admitted into the BRICS club, which seeks to challenge Western hegemony in the world economy, as a partner country, raises unsettling questions. It suggests how low perceptions of Nigeria have been as a key player in African and global geopolitics in recent years by world leaders.

How can Ethiopia (which has a smaller GDP than Nigeria), and Egypt and South Africa (which only leapfrogged Nigeria on the GDP metric in 2024 after the massive devaluation of the naira in 2023) be full members of BRICS and Nigeria confined to the status of a partner member

This, surely, must be insulting to many Nigerians. It seems that Nigeria’s dysfunctional domestic politics has affected the foreign policy establishment and weakened its posture on the global stage. 

The statement from the spokesperson of the Ministry of Foreign Affairs accepting the BRICS’ offer reads like Nigeria’s foreign policy has become largely transactional, without any lofty ideals, vision or strategic goals. It sees the BRICS as ‘a unique platform for Nigeria to enhance trade, investment, and socio-economic cooperation with member countries.’ 

How a second tier membership role in an organisation like BRICS will impact Nigeria’s aspirations for regional power status and global influence is not addressed. If Nigeria can’t gain full or permanent membership of BRICS, why should it expect to be granted permanent membership of the UN Security Council?—a long-standing position it has canvassed for Africa’s voice in world affairs.

The love affair with Macron and the tragedy of ECOWAS

In November last year, Nigeria’s president, Bola Ahmed Tinubu, visited Emmanuel Macron, the French president, in Paris, and was given a lavish welcome. That visit rattled the leaders of Niger, Burkina Faso and Mali—the so-called Alliance of Sahel States (AES)—who have withdrawn their countries from the Economic Community of West Africa (ECOWAS). 

Niger even accused Nigeria of working with Macron to send troops to Nigeria and invade Niger. The secretary general of the civil society organisation, Citizen’s Alternative Spaces in Niger, Moussa Tiangari, who around the same time attended a symposium in Abuja on the life and times of a friend and public intellectual (an event that I also attended), Jibrin Ibrahim, was detained when he returned to Niger, on suspicion that he was part of the plot to attack Niger.

It is clear that the AES leaders do not trust Nigeria’s deepening alliance with France, whom they perceive as a mortal enemy. These leaders have kicked French troops out of their countries and are fiercely opposed to what they correctly brand as French neocolonialism. French troops have also been evicted from Chad, and have been given notice to withdraw from Senegal and Côte d’Ivoire. 

The Ivorian quit notice announced by Alhassan Ouattara, however, is dubious, because he’s well embedded in French governmental networks and played a big role in pushing ECOWAS to threaten to invade Niger in 2023. Analysts believe he’s asked French troops to leave his country to placate the anger of Ivorian youth, who’re also opposed to French neocolonialism and French troops in their country. Critics surmise that he doesn’t want the controversy over French troops in Côte d’Ivoire to be an issue in the forthcoming Ivorian national elections in which he has hinted to run for a fourth term. 

The AES leaders are jittery about Nigeria and Tinubu’s close ties with Macron, especially in light of the aggressive posture Tinubu, who, as Chair of ECOWAS, adopted when the organisation threatened to invade Niger and imposed some of the most punitive sanctions in Africa ever on the country, including cutting off electricity supply and trade relations, and blocking financial transactions between ECOWAS and Niger. Macron, the EU and the US were fully behind ECOWAS in the objective of either reversing the military coup by force or making life terribly uncomfortable for Nigériens, who, they hoped, would rise up against the regime and topple it, or force the regime to relinquish power. 

That ill-judged and disastrous policy has cost ECOWAS dearly. The three countries, which account for more than half of the ECOWAS land area, are determined to remain outside the organisation and deepen economic and political ties within the AES. 

According to ECOWAS rules, their membership should expire on 29 January, 2025. The organisation has, however, given the three countries an extended exit date of six months (up until 29 July), hoping that negotiations between ECOWAS and the AES would resolve the problem and the AES countries would return as full members. 

As Chair of ECOWAS, and instigator of the conflict with the AES leaders, one would have thought that Tinubu and his foreign policy establishment would spend more time rebuilding the damaged relations with the AES leaders than cozying up to Macron, a hated figure in not only the AES countries, but in West Africa generally. 

There’s no significant economic or geostrategic value in deepening ties with France, unless if one adopts a simplistic transactional view of international relations. 

France has had a strategic interest in weakening Nigeria since its independence in 1960. It views Nigeria, which accounts for about half of West Africa’s population and more than 60% of its GDP, as a threat to France’s neocolonial designs in the Francophone West African countries. It doesn’t want the Francophone countries, which it considers its sphere of influence, to be lured by, and deepen their ties with, a powerful Nigeria. 

Instructively, France doesn’t have the power resources that define the status of a great power to merit a permanent seat in the United Nations Security Council. It’s project of holding on to its former colonies by constructing debilitating patron-client monetary and military relations with them is to bolster its image as a world power. 

If France is stripped of its military bases and neocolonial power in its former colonies, which are largely in Africa, and we judge it solely on the basis of the size of its economy, India deserves to replace it in the UN Security Council, especially as India is also a nuclear power. 

France supported the breakup of Nigeria during the Biafra war in the 1960s, and has been implacably opposed to the ECOWAS monetary integration plan, which seeks to create a single West African currency, the eco.

In December 2019, following growing opposition to the monetary arrangements that underpinned the CFA franc in West Africa, and fears that the proposed ECOWAS eco currency would end the CFA franc as a currency and French economic influence in the region, Macron and Ouattara hurriedly announced new rules for the CFA franc and renamed the currency eco—clearly challenging ECOWAS and making it difficult for ECOWAS to forge ahead with its eco plan. 

As France faces unprecedent opposition in its former colonies , one would have thought that Nigeria would be in the driver’s seat in protecting these countries from French attempts at destabilising them. Instead, it has projected an image of a willing enabler of French and Western neocolonial interests in its backyard. That is not the hallmark of an aspiring great power. 

The perception by the AES leaders that France and Nigeria want to invade their countries endangers the democracy project in those states. It forces the leaders of those states to prioritise their survival over demands for the restoration of democratic forms of government. The struggles against neocolonialism and the laudable campaign for democracy are currently at a stalemate. How to support the popular movement unfolding against French neocolonialism in West Africa and at the same time back demands for democratic rights and institutions is very taxing.

“Every time you negotiate with terrorists, you become their accomplice” – VANGUARD BOOK OF QUOTATIONS, VBQ, p 244

The story in the Weekend Trust of January 4-5, 2025, titled, ‘Inside Kaduna’s peace deal with bandits’, was the sort of thing to make one tremble for this country. The Governor of Kaduna State was reported to be involved in negotiations with some of the bandits operating in the state. As the story went, the heinous criminals, having received the attentive ears of the State’s Chief Security Officer, SCSO, were asking for the release of their gang members in custody and rehabilitation of those who choose to surrender, among other demands. Here are parts of the reports; before my comments.

 
 

“Our correspondent accompanied government officials to various enclaves and observed the interactions between the bandits, mostly armed with AK-47 rifles and representatives of government.” Hitherto, I have commended the Governor, who was managing a totally broken state, which he inherited from El-Rufai, with dexterity. He has not allowed a huge debt burden to weigh down government’s programmes. And, he has been doing his best to mend the cracks in ethnic relationships which characterized Kaduna State for eight years.

I still stand by those comments. That is why the story in the Weekend Trust came as a shock to me. Without mincing words, nothing about it makes sense; and aspects of it might be treasonable. But, first let me remind Governor Uba Sani that he is SCSO of Kaduna State, not National Chief Security Officer. While unknown numbers of the crimes – including kidnapping, extortion, sexual and physical assault and murder – were committed in Kaduna State, a lot of them occurred on Federal Highways; Abuja-Kaduna-Zaria-Kano.

That is not Kaduna State. Furthermore, the plight of one of my friends from Sokoto, now residing in Abuja, should serve as caution to Governor Sani. His daughter was among travellers in a bus going to Sokoto; when they were abducted near Jere. Two, out of the fourteen passengers, were shot by the bandits for not moving fast enough. The rest paid various sums as ransom before being released. They had no business with Kaduna except that the roads linking Abuja with Sokoto passed through the state. All the crimes were committed on Federal Road.

I find it difficult to understand how the Governor of Kaduna, or any other state for that matter, can be negotiating with the criminals on behalf of the victims and the FG which has responsibility for the highway on which they were assaulted. The bandits, even when primarily based in Kaduna, have become a national security threat; not a state’s menace. At any rate, the fact that state government officials met with the bandits in four different locations; and the names of their leaders are known, is positive proof of what many people have been suspecting all along. Some top level politicians are collaborating with these hoodlums. The most obvious questions are: who initiated the meetings?

The long story was not very clear on that. If the government, how were they able to locate the bandits who had been elusive from federal troops? If the bandits made the first move, how were they so certain that the government would keep their location secret? Most important of all, was the FG aware of the meetings? The most unfortunate aspect of the secret meetings was the fact that it has been tried before and it failed in Zamfara State. Former Governor Matawelle tried it in Zamfara State. He publicly announced that he personally carried N900 million to bandits in 300 forests in the state.

I recall my challenge to him; asking him to obtain a plane and get journalists from eight media houses to fly over the state and confirm if there are indeed 300 forests in the state. I know the geography of the state so well, there was no doubt in my mind that that the Governor was lying. Eventually, Matawelle admitted that he had been duped by the bandits he was trying to appease. He was not alone. Ex-Governor Masari of Katsina State also tried appeasement. It didn’t work; and he was honest enough to admit the failure of negotiations. El-Rufai set Kaduna on the road to hell when he again admittedly ran after violent herdsmen with state funds to compensate them for loss of their livestock, while farmers were left to suffer their own losses.

The truth is, bandits interpret it as a sign of weakness each and every time the authorities offer the olive branch. What would have happened to Israel if, after the attack by Hamas, the Israelis have called for negotiations to get the hostages released? Instead of appeasement Israel has ensured that Hamas and their supporters paid a heavy price. Rest assured, it will take more than 50 years, if not longer, before anybody in the Middle East dares Israel again. Appeasement never works.

That is why the FG should step in now and stop Governor Sani from continuing with this ill-advised approach to solving the problem. If, indeed, some of the bandits are tired of life on the run, they know what to do. They should go and surrender to the nearest military commander and face the consequences of their actions. They cannot dictate the terms of cessation of the hostilities which they started. Nobody should expect that he can abduct, torture, sexually assault and murder fellow Nigerians for money and expect to retire into peaceful life. That is unacceptable injustice to the victims and totally callous. As far as I am concerned, the only good bandit is a dead one.

ARE YOU WRITING A BOOK OR MANAGING AN ADVERT AGENCY?

 “Never be afraid or ashamed to ask for help.” That was one rule of success which has featured in every write-up I have read on the habits of successful people. Invariably, they also make it very clear that being wealthy is not the only sign of success. As a matter of fact, there are individuals who have been famous for long periods without being rich. Great scientists, political leaders, writers have lived longer in peoples’ memories than the richest men in their era. Mohammed Ali was just comfortable but not immensely rich by the time he died. Yet, he is remembered by more people than the richest man of his period.

Oglivy, advertising guru, remains top of the mind recall among advertising practitioners than all the rich people of his generation. Certainly, Achebe and Soyinka will live for longer in our minds than the billionaires we now hail. So, be prepared to reach for glory in your own chosen field of endeavour; but never be afraid to ask for help. Book-writing is a difficult task which most of us undertake alone. It shouldn’t be. My first two books took longer time than necessary because, I worked on them alone. I have learnt my lessons. Now, every book undertaken is done with assistance from other people.

My advice to writers is to get help in editing, research, fact-finding, indexing, even title selection. Given the right help, you will invariably be happy you did. The same is true of advertising agency management. One of the challenges facing those starting a new advertising agency is staffing problem. You find that you cannot afford to hire all the people you need to work full time. The best option is to out-source some of the functions to freelance workers who are paid per job assignment. Copy writers fall more readily into this category. Wordsmiths can help provide the words which would elevate the artwork to create a stunning advertisement. I once did this kind of work for advert agencies but gave it up in order to face writing books full time. ICT has shortened the time required to turn out books now; and reduced social activities have added to the time available to help writers and advertising agencies to turn out body copy.

ADVERTORIALS ALSO

“A lawyer, who has himself for a lawyer, has a fool for a lawyer.” The statement applies to anyone who is arguing his own case in the public domain. As a matter of personal policy, I never reply a rejoinder to an article published irrespective of how foul the language used against me – because it is very easy to get emotional in self-defence and lose track of the facts you want to present. Individuals and organisations sometimes find themselves publishing advertorials – especially when they feel offended or defamed.

Most of the time, the advertorial is packed full with insults and maledictions against the other party. Most people reading the advertorial stop reading before they reach the facts being presented. The “aggrieved party” loses the readers on account of excessive emotionalism. Under the circumstances, if you feel strongly enough to respond, my advice is this: state your case to a third party who can write well and let him/her produce the draft. You will be amazed at the result. If you need help, please call 0703-777-2952. You will be glad you did.

 NORTHERN BANDITRY ON THE RISE, WHY?

“Terrorists kill 4 at Kebbi immigration facility.”

“9 dead, many injured in Nasarawa attack,”

“Air strike kills 15 in Zamfara.”

“Gun men kill Benue after N5.4m ransom payment.”

As we are approaching the end of Tinubu’s second year, Nigeria is experiencing a wave of terrorist attacks similar to what occurred during Jonathan’s administration. That provided the political weapon for Buhari and the North to oust Jonathan who was labeled incompetent. Never mind that things got worse under Buhari; he still got second term and left “a peculiar mess” – apologies to the late Chief Adegoke Adelabu. Is Tinubu receiving the same treatment?

 

 

Last week’s ascension to the Alaafin of Oyo throne by then Prince Abimbola Akeem Owoade courted tremendous ruckus in Yorubaland. Why would an unseen Ifa deity and its cloudy, ancient system of divination choose an Alaafin? Implicated in the back-and-forth that followed was 92-year old Ògúnwán̄dé Abím̄bọ́lá, professor of Yoruba language and literature and one-time vice chancellor of the University of Ife, now Obafemi Awolowo University. In 1981, a conclave of Ifa priests in Yorubaland anointed Abimbola as the Àwísẹ Awo Àgbàyé (World Ifa Priest). He was then investitured by the late Ooni of Ife, Oba Okunade Sijuwade.

It was to this man I headed on Sunday, January 12. Àwísẹ had given a 1pm appointment for an interview session to which me and two newspaper editor friends of mine – Lasisi Olagunju and Saheed Salawu – responded.

 

In one week or so, the fierce war between tradition and modernity became manifest. Where else could the war be waged other than Oyo Alaafin, a place which prides itself as the locus of traditional Yoruba society? Oyo was the centrifugal point where traditional power, culture, language, history collaged. When those powers were collapsed by British forces, Oyo manifested how the vapour of the powers drifted away. It was home to traditional heritage, political authority, power and influence. The power of its monarchy was awesome. Today, Oyo is a fragile carcass of the awesome and imposing Oyo Empire founded in the late 14th or early 15th century. That empire grew, in the words of historians, to become “the largest and most powerful of the forest states of West Africa.”

From its Old Oyo, located somewhere in the Savannah below the bend of the River Niger in the Bussa-Jebba area which was abandoned in 1835, Oyo showcased an extremely impressive internal organization, imposing military strength with the Alaafin as an Emperor. Alaafin, who was the sole king in Yoruba land, reigned over a vast empire. He was the sole king to bear the appellation, ‘His Imperial Majesty’, had governors called Ajele in all the regions. These governors ruled as suzerains from areas that extended as far as to the Popos, Dahomey, and parts of Ashanti, with portions of the Tapas and Baribas. Dahomey is in the present Benin Republic. The Alaafin also had Ilari, messengers who kept the Ajele in check from excessive wielding of power.

This Sunday morning, I was interested in a brand new worship at the feet of the Àwísẹ Awo Àgbàyé. I was ready to abandon everything else for a momentary worship by the Ifa priest’s feet.

Àwísẹ himself affirmed the traditional truism which says that, one major way to ascertain the potency of one’s Ogun deity is to hit its metal insignia on the head. Unbeknown to Abimbola, that was what he literally did. On arriving at the ancient city of Oyo, how could his home be located? The Ifa priest merely told the journalist, “just tell anyone in Oyo town that you’re heading to my house.” The priest was dead right. “Follow me” was the simple retort from an Okada rider when asked for the description of the Ifa priest’s abode. In few minutes, we were inside an expansive compound which, from its outside, you needed not being told you were in the home of a quintessential traditional worship czar.

Oyo had been very cool this Sunday. It was oblivious to the social media uprising over its new king. As you drove past Ibadan, the state capital city, you felt the flavour of driving northwards in the air. The mangrove receded, giving way to an arid temperature and weather. A few kilometres from Oyo, a heap of dirt by the roadside confronted you, shattering the sanity of the beautiful forest zone. In this particular place, you could feel the texture of absent environmental enforcement and a people sworn to a life of filth. Then, a long file of articulated vehicles lined the highway, with northern traders surrounding this particular roadside. These telltale signs announced that our northern brothers hibernated there. They were dead to the stench of the heaps of filth and the diseases they harbour. They were almost indistinguishable from their dirty heaps.

 

Drummers welcome guests into what looked like Abím̄bọ́lá’s own palace. And a black statue, presumably of the Ifa priest, sat regally in the expansive compound, dead to the curious stares onlookers give it. The compound itself was home to a number of houses. It was built like a typical African family compound – agbo ile – with houses within it. The only difference is that this compound comprises semi-modern apartments.

Promptly, we were ushered into the Àwísẹ Awo Àgbàyé’s own section of the compound. He sat regally on a black-coloured elevated chair that mimics a king’s stool. He was dressed in an all-white attire, a brown native cap clinging to his low-cut grey-haired head. He had a dangling ring of coloured beads on his neck, with an elephant tusk-like traditional Ifa priest whisk, an insignia of office called Iroke, which he held in his hand. He flung this momentarily as the whisk makes a whooshing noise. Three white-headed effigies surrounded his seat, sitting regally on the terrazzoed sound. Once in a while, Awise dashed out to attend to the milling crowd of Ifa devotees who needed his attention, like the Oluwo of Oke and Isale Oyo. His brisk sprint, which belied his 92-year age, was an awesome spectacle to behold. His wife, a Causasian Ifa priestess, Iyanifa Ajisebo (one vast in daily spiritual offering and sacrifices) Mcllwaine, sat on the next black chair to him, pounding glibly on a Mic laptop. She occasionally lent her voice to conversations, especially when her husband demanded affirmation of a particular anecdote.

At a time, some Ifa priests divining within the premises came to ask Àwísẹ about a divination process and Iyanifa Ajisebo offered to go bring her own divination ring (opele) and Àwísẹ’s to the priests so as to aid their divination process. The living room was over-decorated with photographs hung on its walls. Abimbola’s parents’, as well as ones he took with Alaafin Lamidi Adeyemi, Oba Okunade Sijuwade, late Ooni of Ife, Pope Benedict, Deoscóredes Maximiliano dos Santos, alias Mestre Didi of Brazil and many more photographs majestically flaunted the fact that we were in the home of an iconic man of history.

Even at 92 years of age, a scholar of reputable intellectual prowess and achievements, who was vice chancellor and senator, Abimbola still mirrored the humility that his Yoruba race was known for. When he returned from his occasional dashing out which punctuated our interview session, at each of his returns, Abimbola bowed to his audience, all of whom his children were older than, mouthing the deep Yoruba greeting, “e ku ikale o”.

 

Professor Abimbola told us how he began divination and how he was taught by a Baba Lejoogun in Akeetan, Oyo, as well as how he was almost beaten by his colleague senators one day at the federal parliament. “It was God that prevented them from beating me. They could have beaten me but for who I am. O si ye, o bo, eegun o gbodo na babalawo” (It is beyond them; a masquerade must not beat a Babalawo).” he said. When asked what if they had beaten him, he said so little but so much, “Beat me? Parara l’ewe koko o ya. Parara (cocoyam leaf gets torn terribly; terribly is cocoyam leaf torn)” he replied.

On his role in the choice of the Alaafin, Baba Abimbola said: “I did not insist on the choice of the candidate, the kingmakers approved him. It turned out that the candidate is a good man when his file was presented. We did the divination a long time ago and as an academic, I wrote a 21-page report on the divination process. When they called me four or five days ago, I asked for the report. They said maybe it was with the governor and things like that. They asked if I remembered the name of number one (the first candidate). ‘But I wrote a 21-page report! Then I sent for my wife, with whom I carried out the divination process…She fished out a copy of the report. I did not choose the Alaafin, the kingmakers did. Ifa chose the person and they approved him. They expressed satisfaction with the choice. Maybe they had been scrutinizing him all this while to find out if he had done something wrong in a previous workplace or committed any kind of wrong before.”

We were then interjected by a group of Ifa worshipers who came to pay obeisance to the Awise. They laid prostrate on their bellies while the Awise prayed for them, flinging his Iroke intermittently, “Ifa will fight for us… We will not fall into calamity. I pay respect to you. As we live to see this year, all of us and our families will celebrate more on earth”, which he said in Yoruba as “Ifa o se’gbe fun wa o… Aa ni si se. Mo gba fun yin o. As’odun yi, a o se’min t’omo t’omo, t’aya t’aya,” he prayed. Then he punctuated the prayers with the poetry that accompanies Ifa divination. Its alliteration, rhyme and onomatopoeia were fascinating and the rhythm enchanting to listen to. Awise, with a mellifluous voice, then began to chant the poetry of Ifa, which to a non-initiate sounded like gibberish

“Kekenke l’awo kekenke, gegenge l’awo gegenge,

 

A d’ifa fun Orimonike omo atorunke waye.

Ifa moo ke mi, o ge mi o; gege l’adiye nke’yin…”

The professor then went into explanations: Four things act as existential prods to the life of every human being. One is one’s father; second, one’s mother; one’s head (ori) is the third while the fourth is one’s ‘Ikin’, the deity one worships – either Ogun, Sango, Oya or whatever. Like a pastor, he told the devotees what Ifa had in store for humanity for the year. And the Ifa worshipers departed, happy and thankful to the Awise. While asking each of them their names, those who answered English names, the Ifa priest jocularly added “Ogun” as prefix to them. The person who bore Smart, for instance, he called ‘Ogun-Smart’!

At any point the Awise’s reference came to someone who had departed, a sobriety instantly overwhelmed him and his head dropped on his chest. For instance, when he referenced Dr. Chukwuemeka Ezeife, an SDP governor of Anambra State, he said he heard Ezeife had ‘gone to the Ogun deity shrine’ – “Idi Ogun” – Ifa diviners’ own way of euphemizing death and the dead.

 

Abimbola, the teacher, spent every minute of this session doing what he knew how to do best. While explaining how the former governor of Ogun State, Olusegun Osoba, attempted to bring sanity into the scramble for the Senate Majority seat of the Third Republic senate, as the Awise mentioned “Osoba” he taught all gathered that the pronunciation we were used to was faulty. “Oso,” he said, was the name of a deity, so the name is Oso-ba, just like Oso-nimore, the name of another deity, he said.

When asked why he doesn’t take alcohol, Abimbola had an Ifa poetry which named alcohol and all its local variants Oguro, emu and oti as “amuwagun eni,” – refiner of character. In other words, said the priest, Ifa does not frown at alcohol but hates over-indulgence in its consumption.

 

Abimbola said there was no knowledge that is as in-depth as the Ifa corpus in the world. It is a knowledge, he said, that is taught to a youngster for 20 years. Odu Ifa, he said, is 256 and the story in each of the Odu is 800. Thus, to know the stories in Ifa, you will need to multiply 256 by 800. “For example, in a university, if a postgraduate student wants to write a paper on everything Ifa says on cockroach, the student may need to visit about 20 babalawos, because the stories that Ifa tells on cockroach may be about one thousand. Stories on worm may be two thousand, and stories on a particular bird like Opeere may be one thousand. Ifa is a compendium of the experience of Yoruba people throughout the ages; experience about animals, trees and various mountains, about forests, about fish, about seas, about us, humans. It’s a whole library. This is the same Ifa that they are trying to extinguish, but it will not become extinguished in my lifetime.

“If Ifa becomes extinct, it is we, the Yoruba, that go extinct. There are no other people in the world who have the like of it. What they may have is part of what has been written down. I will tell you the reason why our forefathers did not write things down. If one begins to write things down, one’s mind will not be sharp again to remember. Writing things down may is an enemy of memory. People around the world invite me to come and give talks. Pope Benedict XVI invited me three times. He once invited me alongside other religious leaders from Japan, India, Russia, Syria, as well as the Archbishop of Canterbury and the Jewish religious leader,” he said.

By now, we had spent close to four hours of literally worshipping by the feet of Àwísẹ Awo Àgbàyé. We didn’t want to let go of one another. Baba Abimbola thoroughly enjoyed our first-time acquaintance while we relished his. He left a statement that rang in my subconscious as we prostrated in obeisance to him, ready to leave his home, his Iroke flaffing in salute. “Yoruba are standing by as they want to leave us in ruins – Won fe pa wa run l’e nworan!”, he shouted, his voice laced with a genuine agony. “Identity walks on two legs like a human being,” he said again, and continuing, Abimbola told us, “If they take Ifa, our identity, away from us, they have taken Yoruba from the face of the earth”. Awise then recited a traditional Ijala poetry chant of an uncle of his named Adeyemo, who he said, as far back as 1945, lamented that the culture, religion and language of Yoruba people were going extinct. Adeyemo, said Awise, described the potential collapse of Yoruba language, culture, religion and ways of life as “Kungu fo!” It was too dense for me to attempt an interpretation.

As we bade Awise bye, on the verge of leaving the ancient Oyo town, we prayed to Ifa to help us see Awise again so that we could drink, yet again, from the purity of his brooks of ancient knowledge and wisdom.

Colonial occupation and domination prospered by abducting and liquidating the most vocal Africans. Those whom it drove into exile were lucky. Sir Evelyn Baring invented the manual on this form of predation as governor of colonial Kenya for seven years until 1959. Six decades after independence, the man who rode to power in Nairobi two years ago by promising to make Kenya great again is unapologetically reprising Sir Evelyn’s manual minus the internment camps.

In June 2021, Abubakar Malami, a Senior Advocate of Nigeria (SAN) and Nigeria’s Federal Attorney-General, announced with some relish that Nnamdi Kanu - self-proclaimed leader of the Indigenous People of Biafra (IPOB) - had been returned to Nigeria after being “intercepted” in an un-named location. Malami had initiated the prosecution of Mr Kanu in 2015 for treason. In April 2017, the courts granted bail to Kanu. Five months later, he disappeared from public view after soldiers raided his country home in Abia State in south-east Nigeria leading to scores of fatalities. The following month, Mr Kanu was reportedly sighted in Jerusalem.

The circumstances of Mr Kanu’s return to Nigeria in 2021 degenerated quickly from mystery to controversy. The International Criminal Police Organisation (INTERPOL), whom Nigeria initially credited with assistance in the “interception”, firmly denied any involvement in the operation.
When he announced the “interception” of Mr Kanu, Attorney-General Malami claimed that it was accomplished by the “collaborative efforts of Nigerian intelligence and security services.” In October 2022, however, Nigeria’s Court of Appeal found as a fact that Mr Kanu “was in Kenya; was abducted therefrom and there were no extradition proceedings undertaken before his forcible abduction.”

Kenya unconvincingly denied involvement in the abduction. Very importantly, however, the Government of Kenya (GOK) offered no protest against what, was a spectacular violation of its sovereignty. The conclusion had to be that the GOK authorised Mr Kanu’s abduction from its territory. Prior and subsequent conduct by the GOK provide ample evidence to support this.

On 2 February 2018, operatives of Kenya’s security services used explosives to gain entrance into the premises of former student leader and lawyer, Miguna Miguna, from where they abducted him into detention incommunicado. After several days of keeping him out of circulation, they drove Dr Miguna to the Jomo Kenyatta International Airport in Nairobi, where they declared him a “prohibited immigrant” and deported him to Canada.

As a prominent student leader during the regime of President Daniel Arap Moi in the 1980s, Miguna was exiled to Canada. From there he sought several times without success, to renew his Kenyan nationality documents. Canada eventually granted him refugee status and he travelled initially under documentation provided by the United Nations High Commissioner for Refugees before eventually being forced to acquire Canadian nationality.
Upon returning to Kenya in 2007, Dr Miguna enrolled as a lawyer; served as senior adviser to the Prime Minister and subsequently ran for high public office. It was not in dispute that his parents were Kenyans or that he was Kenyan by birth and descent. In a decision on 14 December 2018, the High Court of Kenya found that the government of Kenya abducted and deported Dr Miguna “despite court orders directing that he be produced in court,” noting that “it is inconceivable that the state can deport its own citizen to a second country without due regard to the constitution and the law.”

William Ruto was Kenya’s Vice-President when Mr Kanu and Dr Miguna were abducted. In 2022, he became president.
On 16 November 2024, leading Ugandan opposition politician, Dr Kiza Besigye, who was in Nairobi to attend the launch of a book by former Kenyan Justice Minister and senior lawyer, Martha Karua, disappeared. Five days later, he surfaced before a military tribunal in the custody of the Uganda Peoples Defence Force (UPDF) on fanciful charges of illegal possession of firearms. The United Nations High Commissioner for Human Rights, Volker Türk, expressed shock at “the abduction of Ugandan opposition politician Kiza Besigye on 16 November 2024 in Kenya and his forcible return to Uganda.”

Dr Besigye’s experience was not the first abduction of Ugandan opposition in Kenya. In July 2024, Kenya’s security services similarly snatched 36 members of Dr Besigye’s Forum for Democratic Change (FDC) who were in the country for a meeting and expelled them to Uganda into the arms of the UPDF, who promptly charged them with “terrorism” before a military tribunal. The United Nations later expressed concern that President Museveni’s practice in Uganda of charging civilians before military tribunals was “in contravention of the country’s obligations under international human rights law.”

In October 2024, Kenyan authorities similarly abducted seven Turkish refugees and refouled them back to Turkey into the arms of the government that had exiled them.
In the period since the anti-Finance Bill protests in the country from June to December 2024, Kenya’s National Human Rights Commission has reported the abduction and disappearance of at least 82 persons. Some of the abducted have turned up dead. When young people in Nigeria protested two months after their colleagues in Kenya, the Nigerian government decided to borrow a leaf from President Ruto’s playbook.

Back in Nairobi, one of the victims of these abductions by the GOK was Leslie Muturi. His father, Justin Bedan Muturi was Cabinet Secretary (Minister) for Public Service in President Ruto’s government. Around June 22, 2024, Leslie Muturi disappeared. At the time, his father, Justin, was the Attorney-General of Kenya and sat in the National Security Council with the Director of National Intelligence Service, Noordin Haji.

In the past week, Justin Muturi has narrated how his effort to locate his son took him through the entrails of the High Command of Kenya’s deep state to the presence of his boss, President Ruto, who ordered Noordin Haji to release Leslie. Less than an hour thereafter., Leslie returned to his family.
Justin Muturi’s clinical account of what transpired in the disappearance of his son clearly establishes the culpability of Kenya’s president and the security high command under him in resuscitating a culture of state-sponsored abductions redolent of the worst excesses of Sir Evelyn Baring’s colonial era abuses.
After denying culpability last November, President Ruto promised on 28 December 2024 to end the abductions, in effect admitting state complicity. Two days later, the continental human rights body of the African Union expressed “profound alarm over reports of abductions and enforced disappearances in Kenya.”

Less than a fortnight into the New Year, Tanzania’s leading independent journalist, Maria Sarungi Tsehai, survived an abduction from a shopping mall in Nairobi. Ms Tsehai and her family have been exiled in Kenya for over four years. Maria was lucky. Two years earlier, Kenyan police officers murdered exiled Pakistani journalist, Arshad Sharif, in Nairobi. Despite a court order and appeals by the United Nations, his killers continue to escape accountability.

When they re-established the East African Community in 1999, the original partner states in East Africa - Kenya, Tanzania and Uganda - desired to advance transactional life and spaces in the region. Under current leadership, however, these states are now using regional integration to advance the expendability of African civic and transactional life. They are collaborating across inter-state borders to liquidate critics and perceived enemies and make their lives precarious.
It seems clear that these abductions in Kenya are taking place under the direct command of the government or, even more frightening, have been outsourced to non-state actors acting under the authority and protection of the State. The latter may explain the intractable nature of the abductions and the inability of Ruto’s GOK to bring the crime under control despite the assurances of the President and the escalating diplomatic costs and investment runs.

This was hardly what Kenyans or the rest of Africa hoped for when the people chose President Ruto’s vision of a “hustler” nation over the other options in Kenya’s 2022 presidential election. The only hustle now under his watch is the hustling of innocent citizens and visitors into enforced disappearance and exile. Sir Evelyn must feel exceedingly proud of William Ruto from the comfort of his grave.


A lawyer and a teacher, Odinkalu can be reached at This email address is being protected from spambots. You need JavaScript enabled to view it.

With only 15 months left for banks to meet the deadline for the new share capital benchmarks, the Central Bank has warned that the March 2026 deadline will not be shifted. Speaking to this writer, a CBN director said, ‘’the idea of extension or shift of the deadline does not arise. They were given more than two years to meet the new threshold, and by our calculations, that is enough time. We are not contemplating an extension’’. So far, of Nigeria’s 36 lenders, only Access Holdings has concluded the capital raising exercise, bringing in a little over N351 billion from its Rights Issue of 17.772 billion shares that sold for N19.75 per share. The offer closed in August. With this, Access Bank has thus become the first to meet the CBN’s N500 billion minimum capital requirements for Banks with International Authorization well ahead of the March 2026 regulatory deadline. The bank’s share capital would increase to N600 billion, N100 billion above the regulatory minimum requirement.

 For the other 35 banks, the next one year will be a crowded and busy period. A few have gone far while many others are yet to make appreciable progress. Some like the other four tier one lenders – GT; UBA; First Bank and Zenith – have already announced their offers, but are yet to conclude the process, others, especially the small regional and some national banks are still lagging behind. There have been a host of challenges, though, even among the big ones. FBN Holdings, the parent company of First Bank, has had its programme slowed down considerably by Boardroom crisis. The long drawn battle between Femi Otedola and Oba Otudeko for the control of the company has just been settled, with Otedola emerging chairman of the holding company. While Zenith Bank has had to juggle both capital raising with reconstituting itself into a holding company at the same time, GT Bank has just survived a major service disruption and customer backlash due to migration to a new IT platform.

 To meet the new capital requirement, the banks are expected to go for public offers; rights issues; private placements; mergers and acquisitions or a combination of these. In terms of mergers and acquisitions, there are indications that two banks, Providus and Unity, are in talks to merge together. Both are national banks, but with a combined market share of less than 20 per cent in terms of deposit liabilities. Providus has a huge Lagos State shareholding just as Northern State governments hold huge interests in Unity Bank. ‘’That’s the only discussions in the market for now for mergers and acquisition; but I won’t be surprised if more candidates join the discussions in the next few months’’, said a senior executive of a bank.

 Younger and better managed banks seem to be doing better generating new capital. Nixon Iwedi, executive director of Globus Bank said his bank is on track to meet the deadline. ‘’We are raising N150 billion through a private placement and Rights Issue. The first has been successfully completed and we are on the second phase now’’, he said, noting that they prefer to approach the process in a rather quiet and restrained manner. Globus has a national license and the minimum for this category is N200 billion.

 For Access Holdings, the process has become quite a momentous. It has become the first Nigerian financial holding company to successfully execute a fully digital Rights Issue embracing the power of technology to improve access to equity capital market. By leveraging the NGX’s E-offer platform, the company provided its shareholders with a convenient and efficient subscription process, leading to the participation of many of its retail shareholders in addition to institutional investors. Speaking on the successful offer, Board Chairman Aigboje Aig-Imoukhuede, said: “The Access brand has always resonated strongly with the local and international capital markets. Since 2004, Access Bank has raised billions of dollars in capital to meet successive CBN recapitalization directives. We are pleased that this time we are the first to breast the tape. The success of the Rights Issue demonstrates the resilience of Nigeria’s capital market and reinforces our shareholders confidence in the present value and potential of our company’’.

 While a few banks are already set on a course of action to meet the deadline, many others are still weighing their options. As a CEO pointed out to me, ‘’it is too early to understand the options that they would explore. It would become clearer as we get into the second half of 2025’’.

 

Nonetheless, the Nigerian capital market has once again demonstrated capacity and depth to meet the expectations of investors, issuers and professionals. We saw this during the indigenization programme of Gen. Yakubu Gowon; the privatization programme of Gen. Babangida and the consolidation programme of President Obasanjo. Its mutualization a decade ago also signified the market’s ability to adapt to change.

Last modified on Sunday, 19 January 2025 20:21
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