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
I’m not sure what breaks the heart more: her insistence on her innocence or the prospects of a future that now hangs in the balance. For a young adult with a promising future, the emerging facts only suggest one thing: it doesn’t rain, it pours.
Mmesoma Ejikeme was one of the numerous students of Anglican Girls Secondary School (AGSS), Nnewi, Anambra State, who took the Unified Tertiary Matriculation Examination (UTME) in May 2023.
The first child in a family of four whose father eked out a living as an Okada rider, Mmesoma remained not just the pride of her parents, she was also one of the stars in AGSS, a missionary school handed back to its owners by former Governor Peter Obi in 2009.
Many public schools across the country were returned to the missions after years of neglect and mismanagement by government. It appears that the very reason they were returned has come back to haunt the new owners.
“My dream,” Mmesoma told reporters in the thick of allegations this week that she forged her UTME result, “was to become a pharmacist or a medical doctor. And I have always studied and worked hard to achieve it.”
That dream has either taken a fatal blow or may be unravelling after the Joint Admissions and Matriculation Board (JAMB) flagged Mmesoma’s result as forged and barred her from exams conducted by the board for three years.
For a country obsessed with politics, it was a surprise that the misery of this young adult and her family toppled political stories on the front pages for days and even drowned the heroics of the World, Commonwealth and African champion athlete, Tobi Amusan, who repeated her 2022 feat at the Diamond League in Stockholm, Sweden.
Instead of draping the national flag and posting Tobi’s photos on timelines like we did last year, the public space morphed into a triangle of controversy covering Mmesoma and her family; her school and the Anambra State Government; and JAMB.
High on emotions but short on facts and logic, the lynch mob on social media, never short of subjects and objects, has snapped-up the vomit. As usual, it is prosecuting, judging and executing with the virulence and toxicity of snake venom.
Some of the toxicity has also managed to seep in from a bitter spring of ethnic divisions that left the country deeply divided after the general elections. Yet, this tragedy is neither Igbo nor Yoruba; neither Efik nor Fulfude. It’s a human tragedy.
It does appear that Mmesoma has been duped. Or she may have let herself into something she must now be sorry for. Information from her own video, interviews, and the response of JAMB, tend to show that the “notification of result” in which she claimed she scored 362, was fake.
Apart from taking JAMB’s word for it, I have spoken with six other candidates who took the same May UTME exam with Mmesoma. None of them has a slip that bears “notification of result,” which the examiner, JAMB, insists is one of the marks of the forged result.
The mix-up in her date of birth – which actually reflected the date of birth of Asimiyu Mariam Omobolanle, the original owner of the slip who took the exam two years ago and scored 138, and the bar code – also suggest strongly that what Mmesoma is showing as her result, was not her result.
Candidates get their results through one of two means: either by SMS or through the JAMB portal. The board has gone to extraordinary lengths to ensure that both methods are significantly secure. Of course, there are numerous fake sites offering everything from “upgrade” of JAMB scores to “self-service results,” complete with options for grades a la carte. I guess you would find similar Ochanja markets, even for politicians.
Yet, in Nigeria’s forest of desperately failing public institutions, JAMB, especially under Professor Ishaq Oloyede’s watch, has been exceptional. It understands that if the bird has learnt to fly without perching, the hunter must also learn to shoot without missing.
Except if Anambra State Governor Charles Soludo has other assignments for his investigating committee of eight of whom five are professors, it does not require a committee of eggheads to see that either Mmesoma has been duped, egged on by family, or she may have been a willing part of a bigger scam.
Mmesoma’s travail is not an isolated case or one-of-a-kind. Perhaps, hers has re-echoed because of the ripple effects. She was on her way to winning a scholarship from the state government, after a N3m award by Innoson Motors Chairman, Chief Innocent Chukwuma, when the bubble burst.
More audacious is Kaduna State-born Gerald Atung, earlier reported to have obtained 380 points in the same exam. Unlike Mmesoma, however, Gerald got his distinction for an exam he neither registered for nor participated in.
According to JAMB, “Gerald Atung never obtained the 2023 UTME forms not to talk of sitting for the examination.” Miracle? Even a credulous congregation might argue that at least there was water, before it became wine!
How did we get here? As in many things dumb and useless, politicians have managed to lead the way to the collapse of values. When they started throwing money at candidates with the highest cut-off marks in JAMB, instead of investing more in primary education, making public secondary schools more competitive, and state-owned tertiary institutions more skills-driven and science-focused, it was only a matter of time before they would democratise the rat race. Now, we’re reaping the whirlwind.
Politicians have continued to make a lot of noise about JAMB cut-off scores, even when JAMB has said, time and again, that the idea of cut-off marks is meaningless. Owners of private schools and tutorial/CBT centres also use high UTME scores as a sales gimmick and the fool’s button.
A candidate is assessed for admission not only on the basis of their UTME score, but also based on their school certificate exam result and their post-UTME score.
Crucially, other factors such as the general performance for that year, compliance with admission rules (by both the schools and candidates) for the course of study, quota catchment, and availability are also important. The cut-off war is unnecessary and irrelevant. What is the use, for example, of splashing cash on a cut-off hero who fails the school certificate examination?
As far as UTME goes, Mmesoma’s 249 was a good score and didn’t need padding. With 64 in Use of English; 54 in Physics; 74 in Biology; and 57 in Chemistry, I’m not sure if she would have made it into Pharmacy at the University of Lagos, which was her first choice or the Lagos State University, which was her second.
But assuming she passes her school certificate examination (and/or the NECO, which she is still taking), she might have been in good stead either for a state university, a federal university in the South East, or one in Delta State, which has no place at all for quota.
Mmesoma’s travail shows that obsession for short-cuts and quick fixes often lead to broken hearts and deeper misery. It’s not about tribe or ethnicity, else Mmesoma would not have chosen all four school choices outside the South East, her native enclave.
She made the regrettable error of climbing the tree of her ambition beyond the leaf. And sadly, she has landed where there’s no road to medicine or pharmacy and she cannot continue to double down. Life is not over. With help, she can rise again.
JAMB has made its point robustly. It has rightly thrown out the bath water. It should, however, spare the baby.
I was listening to a radio phone-in programme last week when a final year student of a state-owned tertiary institution called to say there was no way he would be able to complete his degree programme going by the tuition fees just announced by his university. Other callers soon joined the programme to paint scary pictures of their uncertain future. From education to health institutions and markets, Nigerians are groaning under an astronomical hike in prices of goods and services. While these challenges have been with us for some years, they have now been heightened by President Bola Tinubu’s decision to halt fuel subsidy payment and merge the foreign exchange rates.
For those of us who have always advocated that Nigeria should stop “borrowing from tomorrow”, it is difficult to fault the president for the tough decisions he has taken in his first one month in office. To be honest, Tinubu had little room to maneuver given glaring threats of fiscal collapse since we were borrowing to pay for the subsidy anyway. But leaders who preach the virtue of sacrifice cannot live like emperor or revel in ostentatious lifestyle at a time millions of Nigerians are going through harrowing times. That is the meaning of the outrage that greeted the recent long convoys of both the president and that of the senate president, Godswill Akpabio.
I have heard the defence by supporters of the president that what was posted on social media (incidentally by a bragging Tinubu supporter) included the convoys of many governors and other top government functionaries. That may well be true, but they miss the point. What was on display is a metaphor for profligacy and abuse of public resources that have come to define officialdom in Nigeria. The real issue is whether a government that preaches sacrifice can continue with such indulgence, especially at a period when many people are going through hard times. Besides, most Nigerians are already aware that the length of convoys has become a source of power projection in the country. Yet, it is nothing but a symbol of waste that we must do away with.
Since the advent of the current democratic dispensation in 1999, Nigerians have been concerned about the cost of maintaining those who ordinarily are elected to serve the rest of us. On their website, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) opens with a statement on ‘Reducing cost of governance’, seeking a review of the day-to-day government expenditure in the country. “The cost of running government in Nigeria has been on the increase over the years to the extent that stakeholders are worried about the problem and are seeking ways to address the anomaly”, the RMAFC stated. Curiously, it is the same commission that recently proposed a 114 per cent increase in the remunerations of the president, vice president, governors, lawmakers etc at this most difficult period for the ordinary citizens.
Nothing perhaps demonstrates the perplexing problem of high cost of governance in Nigeria better than the 2012 Oronsaye Report. The report identified 541 federal government agencies, 50 of which have no enabling laws, and made recommendations about scrapping some and merging several others. Both President Goodluck Jonathan who established the committee and President Muhammadu Buhari who inherited the report made a song and dance about its implementation. At the end, according to the latest infographic from BudgIT, the number of agencies in the federal government budget for this year is 929. So, rather than a reduction of these cost centres, we now have almost double the number of the federal quangos that we had eleven years ago!
Meanwhile, in a report published by the News Agency of Nigeria (NAN) 24 hours before he was sworn in for his first term in 2015, many Nigerians had expressed hope that Buhari would make reducing cost of governance a priority of his administration. “In most parts of the world, politicians do not go around with the long motorcade and number of aides they go around with in Nigeria,” Pat Utomi, a respected professor of political economy, had told NAN at the time. “Governance should not be about moving in motorcades, living in mansions, and not stopping at traffic lights.’’ The hope that Buhari would change the narrative turned out to be misplaced, though the real challenge now is in the states where governors must begin to embrace prudence and accountability even if, like the former Governor of Cross River State, Ben Ayade, they have trillions of “intellectual money,” with which to dispense patronage.
To the extent that the decision to end fuel subsidy regime and merge the exchange rates is not cost-free, government at all levels cannot afford to continue with the template of the past. On Tuesday, the Bank of America (BoA) sub-Sahara Africa Economist, Tatonga Rusike projected that the Central Bank of Nigeria (CBN) may need to increase interest rates by at least 700 basis points before the end of the year to tackle soaring inflation occasioned by these two policies. He warned that if this decision was not taken, the much-sought foreign investment might be a mirage. The implication of Rusike’s intervention is that we are already in a Catch-22 situation.
It is therefore important for President Tinubu and his handlers not to misread the public mood. That he has used his honeymoon period to strike when the iron is still hot on two critical policy issues may have earned him momentary applause on decisive leadership. But there are no predictable outcomes for those choices in an environment where several variables are beyond his control. So, there is a need for caution. Not hubris! Times like this indeed call for a measure of sobriety and there are lessons we can learn from what is happening in other countries. France provides a ready example.
Even when the unfortunate death of a teenager in the hands of a trigger-happy policeman may have ignited the violence, the people on the streets are those who feel that the system has been so rigged against them that their future is not secured. That was the point made so poignantly last Sunday by the editorial of ‘The Observer’, a British newspaper. “Poverty, ghetto-like suburban estates, joblessness, limited life chances and social alienation are problems facing younger people in many developed countries, not least Britain,” The Observer wrote, highlighting why leaders in the United Kingdom must pay attention to the underlining issues in Paris. “What’s happening in France is a warning to all.” If a society like France could experience such convulsion, then authorities in our country should be aware of the danger of what could happen when Nigerians feel pushed to the wall.
For years, many have called for a review of the perks associated with public office in our country. For instance, it is only in Nigeria that public officials travel abroad in first and business class compartments and within the country, in private jets. In August 2016, I was invited by the Chinese government to speak at the China-Africa Public Diplomacy Forum in Tanzania. When the conference ended, I was at the Dares Salaam airport waiting to board the Ethiopia Airlines flight back to Abuja enroute Addis Ababa when the representative of President Xi Jingpin who declared the session open was escorted in by the Chinese ambassador and Tanzanian officials. On the flight, he was in the same economy class compartment with the rest of us. The message sent by the Chinese authority, which we are yet to imbibe in Nigeria, is that serving the public is about sacrifice.
While human nature predisposes people to act mostly in pursuit of self-interest, the essence of government is to subordinate the personal convenience of individuals to the imperatives of the common good. Yet, the crisis of present-day Nigeria is that there is little in our code of public conduct that encourages moderation or sacrifice. Rolling back conveniences, no matter how little, are usually some of the first steps public officials take when their country battle economic downturns. Beyond the fact that reduction in official vehicles will help save fuel and maintenance cost in our present circumstance, it will also send the right signal to the people that public officers are sensitive to their plight.
That is a timely message for the president and all the 36 governors.
Waking Up, Taking Responsibility
With the theme, ‘Wake Up and Take Responsibility’, Mr Tony Elumelu, CFR, is being joined on 19th August by two British women,Ms Dorota Oakley Matuszyk and Ms Juliet Lamin as speakers for the 2023 edition of the teens career conference of the Redeemed Christian Church of God, The Everlasting Arms Parish (TEAP). Elumelu of course needs no further introduction. From banking to oil and gas and the hospitality sector, he maintains a portfolio of investments across several industries on the continent. Chairman of both Heirs Holdings and the United Bank for Africa (UBA), Elumelu also sits on many public and social sector boards, including the World Economic Forum Community of Chairmen and the Global Leadership Council of UNICEF’s Generation Unlimited.
Ms Matuszyk is an educator with sound training experience across many schools in the United Kingdom. In one of her numerous works in Africa, Matuszyk ran a pioneering online programme for teachers in Guinea Bissau and supervised their research on issues such as early marriage, teenage pregnancy, gender inequality and impact of disability and poverty on education. She has also undertaken sizeable fundraising to fight hunger, unemployment, and lack of education, mainly in Guinea Bissau, Uganda, Congo, Yemen, Syria, Ukraine, and Poland.
Ms Lamin is also an educator, community activist, youth mentor and licensed grief recovery specialist, who has worked with adults and young people with different complex needs across the United Kingdom. Following the death of her only son, Phillip Lamin in 2013, she founded a youth charity organization, PL9, where young people from several communities come together to counteract different challenges and be mentored to become leaders. The PL9 youths have collaborated with 118 academic institutions in the United Kingdom to organise youth talent shows, fundraise for cardiac risk and help provide defibrillators in sports centres and churches. Those achievements have earned Lamin several honours, including the outstanding achievement award from the London Borough of Bexley.
Like previous editions, this year’s conference will bring together teenagers from Abuja and its environs to listen to expert advice on career choices in today’s dynamic and challenging world. In choosing ‘Wake Up and Take Responsibility’ as theme for the 2023 edition, our Pastor, Evaristus Azodoh (a consultant urologist and retired army colonel) believes that when young people make the right choices, they can also appropriate the credit for their achievements. Conversely, if they feel beholden to the actions or opinions of others, they inevitably live in the shadow of other people’s expectations, and this can result in frustration, bitterness, and failure.
For details about the conference and registration, interested teenagers should visit www.rccgteapteens.ng
• You can follow me on my Twitter handle, @Olusegunverdict and on www.olusegunadeniyi.com
By all means, she’s not the only child that has cheated or told a lie, but Mesomma Ejikeme, the 19-year-old girl from Anambra State who fraudulently changed her UTME score from 249 to 362, and later claimed that she is ‘’not capable of committing such a fraud’’ has gripped national attention and provided us another opportunity to take another look at the problem of cybercrime. She beguiled many with her innocence, coherence and articulate responses to questions on TV. The fact that she attended a public school and scored so high added to the enigma and enchanted the nation. A people that wallows in misery will quickly lap up whatever appears enchanting. But I wasn’t convinced. After listening to JAMB, the examination body, it was clear to me that the young girl was misguided.
It is just as well that she’s come around to accept that her correct score is 249, and not 362. I am sure many Nigerians are now relieved to hear that there’s actually an app with which to fabricate UTME scores, and this might be what Ejikeme used to conjure her unbelievably impressive score. She’s therefore not as innocent as she appears. Ejikeme has humiliated herself and family and embarrassed a good number of people, including Gov. Charles Soludo; the Commissioner of Education in Anambra State and Chief Innocent Chukwuma, the Chairman of Innoson Motors who had awarded her a N3 million scholarship and many others who rallied around to offer her support, believing that she was only a brilliant poor girl who was being trampled upon by a powerful government agency. Now, JAMB has banned her for three years from taking its exam. That’s quite draconian. In addition, I ask Anambra State government to provide counselling for her and get her rehabilitated.
But what lessons can we all learn from this episode?
Number one lesson is in child psychology. It is important to understand that young kids could easily be misguided, misdirected, manipulated and deceived by their peers or adults who are out to take advantage of their innocence. This is why this case must be thoroughly investigated so that we get to the bottom of everything. She and her family must cooperate fully with the authorities. It is all the more worrisome that the fraud app was developed by a university undergraduate, according to JAMB. This lends credence the story that many cybercriminals we have around are students. Early this week, I wrote an article on the problems of cybercrime in the banking industry. Ejikeme’s saga is therefore a wake up call on how destructive and pervasive this cybercrime is. Parents therefore have the added duty to watch out for their children and pay special attention to what they are up to. Children naturally have a strong urge to perform well and impress their parents and peers, some to the extent of engaging in cheating or dishonest acts. Some kids believe that they can only earn the respect and validation of their parents if they register the highest scores in exams; and so, they easily get deceived into frauds and cheating. Parents should avoid talking down or denigrating their children. Rather, we should build their self-confidence by continuously encouraging them to work hard and stay honest. Praising a child for the little achievements they record and encouraging them to put in more efforts boost their self-esteem and help to keep them in the right path.
Number Two is the urge for quick solutions. Many Nigerians will easily jump at any offer that promises quick fixes to their problems, irrespective of the risks or potential crime that may be involved. A Nigerian will most likely accept an offer to buy fake visa from an agent or a syndicate; buy exam papers; cheat in exams; steal from the government or change their test results as in this case. Almost everybody is on the lookout for a ‘miracle’ – that moment of sudden and unexpected breakthrough, fortune or prosperity. With such a mindset, they fall prey easily to many fraudulent schemes. We all want to win without making the sacrifice, incurring the costs and doing the hard work. Worst of all, our kids have learned bad habits from the rest of us, especially the politicians. The idea that cutting corners pays better than hard work is the reason kids spend more hours trying to hack the computer network of banks. Some years ago, I asked a friend’s son who was just getting into college, ‘’so, what would you want to do after school’’? ‘’Politics, uncle’’, he cut in sharply, and added matter-of-factly, ‘’look at how rich these politicians are’’. Miss Ejikeme had thought that fabricating her scores was the shortest way to win scholarship and attain fame. I hope she’s wiser now.
The third lesson to learn is the effect of destructive rivalry. Anambra State, in particular, is the home of intense competition for wealth, fame, popularity and success. Such intense rivalry is driven by boiling-point envy. Adults constantly boast about their wealth while the young ones from underprivileged homes like Ejikeme are constantly the butts of jokes and taunts from their peers. Age-grade societies and town unions offer veritable platforms for members to compare and contrast themselves with each other’s socioeconomic stations. I actually admire the industry and hard work of our brethren from the East. Their dogged determination to prevail, no matter the hurdles, is the most critical success factors they have. It is also the reason there is so much intense competition among them, and part of the reasons others loathe them. Remember how Prof. Soludo spoke disdainfully about Peter Obi’s presidential candidacy last year? That’s what I’m talking about. A bank’s chief executive from Anambra State whom I worked closely with once told me that he couldn’t hire a chauffeur from his state because ‘’as he is driving you around, he would actually be thinking that he should be the one sitting at the back’’. It is possible that Ejikeme might have been compelled to change her score just to beat another Anambra kid who was already the highest scorer in the same exam.
Four: The hysterical mob will always be wrong in their assessments. Did anybody notice the frenzy with which many folks from the South East rushed to defend the young girl without giving a thought to the explanations given by the examination body? Did you see how JAMB was pilloried and brutally attacked in the social media? Did you observe that, once again, Nigeria became the punching bag for all those who espouse Igbo exceptionalism? They just could not contemplate the possibility of the young girl lying. The danger of a single story was obvious. But from experience over the years, I have learned not to follow the crowd. They’re always too emotional, emotive and full of conspiracy theories.
It is often said that crime, criminal activities and criminals are one or two steps ahead of the law, law enforcement and law enforcement agents or agencies. So, the latter often have to engage in catching up with the former. Everyone admits that prevention is better than cure and to be proactive is far better and less expensive than shutting the manger after the horse has bolted; but technology now appears a two-edged sword that is not making the fight against crime any easier. A recent example is the education sector where the scourge of examination malpractice has assumed a new, even frightening, dimension.
In my own secondary school days in the 1970s, the most prominent examination malpractice was the leaking of examination papers, which was infamously known as “orijo”, a corrupt form of the word “original”, which meant that the leaked paper in your hand was authentic or original and not fake because, in those days, many leaked papers also turned out to be fake and those who set their stores by them gnashed their teeth in the examination hall! Examinations still leak but the technology of cheating is more advanced these days; the impunity with which the criminal activity is conducted and the calibre of people involved beggars belief.
Teachers are bribed to help students in examination halls or to look the other way or take a stroll while mercenaries recruited for the purpose are at work. Anyone who fails to cooperate runs a risk. In many instances, authorities themselves are known to encourage examination malpractice so that their students can be said to have the best results at local, state and national level; especially so where some reward or remuneration is attached. States with the best result in this or that examination; students with the best result in this or that result are other instances of the competition that has fuelled desperation in those involved. Parents have also been known not only to buy “orijos” for their wards but they also enrol them in “special centres” where the students are aided for a fee. Parents have been caught going right into examination halls to personally and physically write examinations for their ward!
Then there are those for whom examination malpractice is a lucrative business; the avalanche of study and CBT centres all over the place is not just about the love for education but because of the "kill" that can be made therefrom. This is not to deny that there are honest study and CBT centres but the few bad eggs in their midst coupled with the desperation of examination candidates and admission applicants have compromised the sanctity of many examinations and called the worth of many certificates into question. I do not envy those charged with the responsibility of conducting examinations at any level in this country.
In the past few years that I have been privileged to observe at close quarters the efforts of the Prof. Ishaq Oloyede-led Joint Admissions and Matriculation Board (JAMB) to clean the Board’s Augean stable and maintain the sanctity of its examinations, it has been one challenge after another. Catching up with the entrepreneurs of examination malpractice is difficult enough; beating them to their game and pre-empting them doubly so. Application of cutting edge technology has been of immense help; ironically, the same technology has proved a challenge in that it has also been available for the examination cheats to deploy.
A trending case is that of, not just one but two or more candidates brandishing “best JAMB results” - results that JAMB has said did not emanate from it. In one of the instances, the so-called best candidate did not even sit for the JAMB examination in question! JAMB’s Head of Public Affairs and Protocol, Dr. Fabian Benjamin, issued the following statement: “The attention of the Joint Admissions and Matriculation Board (JAMB) has been drawn to several publications in both print and online media celebrating certain candidates for being high scorers in the 2023 UTME. The Board is constrained to set the records straight and wishes to state unequivocally that many of the results which many of these candidates are parading are fake (results). In many instances, some of these candidates had actually obtained far lower scores than they are claiming and had used some funny software packages to manipulate their results to deceive unsuspecting members of the public. The most pathetic of them all is the case of Miss Ejikeme Joy Mmesoma, who claimed to have scored 362 in the 2023 UTME and was awarded N3m scholarship by Chief (Dr.) Innocent Chukwuma. She was even set to be honoured by the Anambra State Government when one of its top officials put a call through to JAMB to confirm her claim only for the Board to reveal that Miss Ejikeme Joy Mmesoma had actually scored 249 and not the 362 she claimed (to have scored). She had manipulated her UTME result to deceive the public to fraudulently obtain scholarship and other recognition.
“The Board would like to state that the likes of Mmesoma are still out there deceiving those who are always in a hurry to bestow honours on candidates without confirming from the Board. A similar case was that of one Atung Gerald in Kaduna who claimed to have scored 380. His ethnic group had taken the issue up, requesting that he should be given special recognition only for the Board to disappoint them with the incontestable fact that Atung never obtained the 2023 UTME application documents, not to talk of sitting the examination!
"The Board would, therefore, want to advise the public to always crosscheck (result) claims by candidates with the Board before rushing to honour them with undeserving awards as certain software have been created to fake their (own) version of their results and put same out in the public space for fun and this is what the sponsors of these candidates are using to defraud good-spirited Nigerians such as Dr. Innocent, the founder of Innoson Motors, who sincerely desires to celebrate academic excellence by investing in the education of a young Nigerian.
“We commend the likes of Dr. Innocent Chukwuma and wish to encourage other Nigerians, who desire to invest in the future of genuine youngsters, never to be discouraged but to always ensure that they get the authentic results from the Board as done by the Anambra State Ministry of Education; otherwise, they will be celebrating criminality as this is just another new fraudulent method in town.
" However, these candidates only succeeded in manipulating what they are holding (as their results) as the authentic results are with the Board and would be transmitted to their schools of choice at the appropriate time. It is to be noted that Miss Mmesoma had sent a message to the Board’s platform to request her UTME result after which she manually inflated her scores and pasted the same on the 2022 UTME result sheet.
"Unknown to her, the Board had changed the design of the 2023 UTME result sheet. Her original result remains 249 as nothing can change that. With this her ignoble act, Miss Mmesoma would be prosecuted and her original result withdrawn. This is not all as the Board would, in due course, investigate all candidates laying claims to higher scores than they actually obtained. Once discovered, such candidates’ original results would be withdrawn forthwith and they would be handed over to relevant security agencies for prosecution.”
This new development, we must admit, is very scary. So, every JAMB result must be clarified with JAMB henceforth – and there are hundreds of thousands of such results each year! Then, how long will it take JAMB to neutralise the new technology being employed by the fraudsters? Since the matter is said to be under investigation, let us refrain from further comments. Suffice it to say that since the matter has now come to this, JAMB should stop celebrating "best student this" and "best score that" until further notice!
There are issues, however, that have become recurring decimals at each year’s policy meeting on admissions into tertiary institutions by JAMB. One is the scandalously low marks that qualify candidates for admission into some of our tertiary institutions. The marks are as low as 140/400 for (some) universities and 100/400 for (some) polytechnics and colleges of education (with some colleges of education even advocating for 80/400!) Something must be wrong with our primary and secondary school education system. Secondly, every year, the preponderance of candidates fails to find space in our institutions of higher learning. Despite the avalanche of state and private universities, the carrying capacity of these schools all combined still falls far short of our needs. Thirdly is the lopsidedness in the vacancies available and the preference of candidates: Medicine and related courses, Law and Pharmacy are courses that thousands of candidates want to read but only a handful are – or can be – admitted. This happens year-in, year-out. Is there nothing that can be done to expand the carrying capacity in these areas? Lastly but not the least of my worries is that Agriculture and Education, critical to national development as they are, are the least preferred courses; every year while hundreds of thousands of admission seekers get frustrated running after Medicine, Law, etc, vacancies exist in these courses that nobody wants! Something very fundamental is wrong with an education system that bears little or no relevance to its own basic and fundamental needs!
[OPINION] EU Mission’s Report On Nigeria’s 2023 General Elections Belongs In the Dustbin - Fani-Kayode
AdminThe EU report on the 2023 presidential election in Nigeria is itself the biggest and best example of fake news and it belongs in the dustbin.
There is not one thing we said during the campaign about the antics of the opposition, their foreign collaborators, their friends and backers in identifiable sections of the Nigerian and international media and their subterranean and covert co-conspirators in the then corridors of powers that is not true.
We have not forgotten what they subjected us to, what they did to us and the role each and every one of them played.
Their collective intention was to stop PBAT and, thanks be to God, they failed.
The truth is that the EU is still smarting over the fact that it's preferred candidate lost.
We know what happened behind the scenes but that is a story for another day. The most important thing is that PBAT prevailed.
Now they are trying to diminish, discredit and tarnish his victory by saying that the election was flawed with irregularities and rigged and that his front line generals and warriors, who stood with him in the heat of battle, indulged in fake news.
They are nothing but poor losers and lost souls and whether they like it or not PBAT is here to stay and, God-willing, will lead Nigeria for the next 8 years!
I am glad that the Presidency has responded to their dishonest, disrespectful and contemptuous report in a decisive and appropriate manner.
We need say no more.
(FFK)
The part of the EU report that asserts that there was a single incident throughout the whole campaign where I retweeted a news item by a ‘suspicious website’ does not deserve my response because it is so presumptuous and outside their mandate and exposes a deep-seated bias about how the so-called observers went about their assignment. However, for the education of the gullible and unfortunate ones who are jubilating over such a poor report, I will say a word or two.
Firstly, their assignment is to OBSERVE AND REPORT. Their mandate does not extend to INVESTIGATING claims made by candidates against one another and reaching CONCLUSIONS on such claims. They are not journalists nor are they law-enforcement officers. They are just OBSERVERS. Declaring any news as ‘fake’ when they don’t have alternative facts or findings by institutions statutorily empowered to investigate such claims is tantamount to taking sides on the campaign trail and trying to defend a candidate against another. And that is very disappointing and unfortunate on the part of these observers.
Secondly, even professional journalists, law-courts and law-enforcement agencies, in the course of investigating any allegation, MUST talk to all sides before reaching a conclusion. Where is the evidence that the EU observers talked to those who made these claims and sought to get further clarifications before rushing to write their jejune report?
Thirdly, they said I retweeted a story by ‘a suspicious website’. Pray, what makes a website ‘suspicious’? They did not elaborate. How can foreigners come into a country and declare a local news website as ‘suspicious’ (without more) and just walk away? What arrogance!
Fourthly and curiously, whilst other local and international journalists had previously reported that ALL THE POLITICAL PARTIES tried to outdo themselves by pushing out some false stories, the EU report just singled out the APC. So, were they blind to the antics of the other parties? For instance, was there a single mention of tons of false reports by the PDP and LP that our candidate BOLA AHMED TINUBU (who is now President) was evacuated abroad for urgent medical attention at various moments during the campaign when there was no scintilla of evidence to back that up? Is that not ‘fake news’?
Overall, the EU report is nothing but a reflection of a one-sided narrative. And I congratulate the Opposition on working closely with the EU and carting away the all-important prize of the EU Final Report.
For us, we shall make do with the consolation prize of the ACTUAL WINNER OF THE PRESIDENTIAL ELECTION 2023.
Daalu!
FESTUS KEYAMO, SAN, CON, FCIArb (UK)
The art of effective communication lies in the use of phraseology or soundbites that leave a lasting impact on citizens. It is commendable how leaders can convey their message in a crisp and resonating manner. President Franklin Roosevelt set the precedent with the New Deal during the collapse of the American economy in the 1930s. Subsequently, other US presidents followed suit with Reaganomics and Bidenomics under President Joe Biden.
As President Tinubu assembles his full economic team, it is advised that he establishes his own economic policy mantra, known as TINUBUNOMICS. This comprehensive policy will encompass fiscal, monetary, and all aspects of government economic strategies. By owning this unique approach, President Tinubu can leave a lasting impression on the Nigerian people.
Furthermore, it is crucial to align the economic policy with foreign affairs. This synergy can be achieved through the implementation of ECONOMIC DIPLOMACY. This approach will prioritize Nigeria's existing ties with Africa, recognizing the continent as the center of our diplomatic efforts. However, we must not limit ourselves to this region alone.
While South Africa holds the position of the second-largest economy in terms of GDP and is a member of BRICS, Nigeria should remain non-aligned. We should not be confined to a bloc with Russia, especially at this time. Instead, we should maintain open relations with the USA, UK, Europe, and Asia. As the leading economic power in Africa, we have a larger market to export our products to these continents.
It is important to note that the majority of our diaspora, whose remittances surpass revenue from oil, reside in the USA, UK, and Europe, rather than within the BRICS union. Therefore, joining BRICS should not be contemplated, at least not now. Our economic and foreign policies must be intertwined to ensure the prosperity of our nation.
In conclusion, TINUBUNOMICS offers a fresh approach to economic policy and diplomacy. By establishing our own unique economic strategy and maintaining open relations with key global players, we can solidify Nigeria's position as a leading economic power in Africa. Let us not be overshadowed by South Africa and instead forge our own path towards success.
Sonny Iroche, is an Investment Banker and a 2022-2023 Senior Academic Visitor at the African Studies Centre of University of Oxford. UK
“I watched President Tinubu in Ijebu Ode and Abeokuta last week. His movement suggested a sure-footed somebody. I watched him and wondered if he knew that tying the nuptial knots with one’s favourite lady is not the sole objective of marriage. He needs to be told that what makes the seas is more than sea water. Getting the presidency, complete with its power and glory, is not the end; making it work for the comfort of the people is. The eight million plus people who voted for him in February and the remaining millions on the street are dying slowly of hardship made worse by his recent policies. He withdrew petrol subsidy and is proud of it; he should be proud of enacting counter-policies that will deaden the pains. After all, when he was young and struggling, did he not join his folks to say that the one who knows how to eat isin must also know how to pluck out the death in its eyes?”
Immediate past Kaduna State governor, Nasir El-Rufai, recently waxed proverbial and made a Facebook post which sounded like a loud complaint: “The axe forgets but the tree remembers…They are the axe. We are the trees. We have long memories. God Bless Nigeria. Amen.” El-Rufai made that sour post on June 13, 2023 – about three weeks ago. It sounded very ominous and sparked a feeling of deja vu. I read his post again, especially the two sentences: “They are the axe. We are the trees.” I felt like asking El-Rufai: who are the ‘they’ assailing innocent trees with their axes; and who are the ‘we’ – the victim-trees with ‘long memories’? But then, I could see that the message was his most popular social media post in recent times, attracting more than ten thousand likes and almost three thousand comments. Some of the commenters threw it back at the former governor. They said he was the axe and should stop acting the victim. One comment reads: “You are the axe here, Mallam. We, the citizens, are the trees. We’ll never forget.” And another: “We will remember; we will tell our children the stories when the time is right.” What stories?
El-Rufai described what he wrote as an African proverb. He may be correct. But where I come from, we say songs always presage rebellion (orin níí síwájú òtè, owó genge níí síwájú ijó). Nineteenth century American author, abolitionist and statesman, Frederick Douglass, said a variant of this: “The thing worse than rebellion is the thing that causes rebellion.” I think Nigeria should ask brilliant El-Rufai to explain what he meant and who wronged his “we”. If he says it is a harmless promise, a warning to his allies, then we may ask: what sort of man removes a fly from his friend’s forehead with a hatchet?
Beyond El-Rufai’s proverbs, I also like his choice of quotes. Take his Thomas Friedman quote of 15 October, 2022: “….sometimes the news is in the noise, in what is being said and shouted, and sometimes the news is in the silence, in what isn’t being said at all.” I would recommend that quotation to every person in government today who goes about sleeping because the traumatized hungry street is not saying anything. Think of everything that has happened in the last one month. Our government has removed fuel subsidy. The effects have been immediate in ruination and teeth gnashing. My problem here is not just petrol subsidy removal. How about where the gains will go? The gains will very likely feed the greed of the power elite or the elite will tell us there has been no gain yet; that we should, like Animal Farm’s Boxer, work harder and stop whining.
El-Rufai’s proverb says the tree does not forget what the axe does. Is that really true? If it is, why then does the tree continue to empower the axe with the comfort of wooden handles to wreak more havoc? Before our very eyes, we saw how perfect acts of acquiescence in the Orwellian Animal Farm wrecked the years from 2015 to 2023. A reenactment of same is afoot. Every squeal of disapproval from young porkers today attracts nauseating bleating from the sheep of the farm; the dogs of Napoleon, with menacing growls, tell their mates in hunger that the leader does right always. We are not complaining. We take anything our government offers; even when it offers nothing, we take and clap. “When Napoleon begins executing other animals, Boxer can only say, ‘I would not have believed that such things could happen on our farm. It must be due to some fault in ourselves. The solution, as I see it, is to work harder.’”
They are the axe, we are the tree. The people are increasingly made the fodder for the Knight’s horse, his charger. The government is celebrating a crash in demand for petrol as an achievement. They call it life style change; the poor call it trekking, suffering and sweating. Where are Tinubu’s policies against the rich? Installmental death of the poor is afoot. The elite applaud appropriate pricing of petrol. But the poor wears that shoe, he feels the pain. Petrol marketers have served us another notice of misery. They said from this month, because of the realities of the new FX policy, they may start selling petrol for N700 per litre. If and whenever that happens, the people will most likely ask if this democracy is really about them. That will be very dangerous. Again, Fredrick Douglass warned: “Where justice is denied, where poverty is enforced, where ignorance prevails, and where any one class is made to feel that society is an organized conspiracy to oppress, rob and degrade them, neither persons nor property will be safe.”
International money lenders are also the axe here. They insist that there are too many trees in our forest. They cut, trim and prune life and living out of our lives. It is as if they do not care if the human ecosystem is destroyed and our forest becomes a desert. The World Bank and the International Monetary Fund (IMF) are happy and dancing that Tinubu did well by carrying out what they called bold reforms. But most developed countries subsidise energy. Indeed, there is a report that German Finance Minister, Christian Lindner, last November made plans for his country to spend €83.3 billion ($83.4 billion) on gas and electricity subsidies this year. Bloomberg, which published the report in November 2022, said it got it from a document it obtained from the ministry. Germany does that as we speak and it is not alone here. The International Energy Agency (IEA) estimated that consumption subsidies for fossil fuels doubled in 2022 to $1 trillion globally. A March 2023 report by Reuters said estimated oil subsidies in the US are as high as $50 billion per annum. No government in America has been able to stop it as part of the country’s transition to clean energy to tackle climate change. “Even with a commanding Democratic majority in the Senate in Obama’s first six years in office, he was unable to kill the subsidies. For many governments, keeping consumer energy prices affordable is the top priority. That’s why numerous countries, ranging from Japan to Brazil, last year imposed or increased subsidies to cushion consumers from skyrocketing prices,” the Reuters report said.
I have not heard the IMF and the World Bank tell those powerful countries that it was wrong to keep fuel prices low with subsidies. But at the launch of the Nigeria Development Update for June 2023 in Abuja last week, Alex Sienaert, chief economist at World Bank Nigeria, applauded Nigeria and its Tinubu. He said “the recently undertaken PMS subsidy and FX reforms are historic.” He said our country will make savings of N3.9 trillion in 2023 alone and that the action had stopped “Nigeria from going over a fiscal cliff and sets the stage for a new, upward Investment, growth, and development trajectory.” Then, he warned that “headline inflation is expected to rise…to 25 percent in 2023.” He added that if there were no buffers to cushion the impact of these reforms, over 7.1 million Nigerians would be further thrown into the poverty net. Ari Aisen, resident representative of the IMF in Nigeria, at the same event, said the reforms were long overdue. If you complain as I do about the effects, the IMF man had a response: it is natural that the policies have some side effects. “We have seen inflation already high and it is likely to increase further…” I read the IMF man and wondered if he did not know that many of the urban and rural poor have been made to believe that the spike in petrol price is just for some time. We need someone to tell the hopeful to tighten their seat belts because this láálá that has gone up isn’t going to come down to earth again.
Tinubu has been too much of a critic to fail in providing better life for the people. If he fails (we his friends say God forbid), he will be fed what he and his group regularly fed presidents who came before him. He will be introduced to the court hall where Thomas Rymer’s poetic justice is libatory wine, the undying gavel that “seeks to give to each what is owed.”
Inscrutable fate has heaved Tinubu onto power. Critics sometimes find themselves on the throne. When they do, they very often, because of their enormous street sense, get overconfident and take the people for granted; and, when they do this, they fail and fall and their enemies proceed to rejoice over them. I cite an example. Dr. Kofi Busia was one of the key opposition leaders whose criticisms provided the military the needed axe to sack Osagyefo Kwame Nkrumah, Ghana’s first president, in 1966. Busia later got elected and sworn in as Prime Minister on October 1, 1969 and hit the ground running. Within the first six weeks of his Prime ministership, he promulgated the Aliens Compliance Order of 18 November, 1969 under which he chased an estimated 191,000 Nigerians and thousands of other nationals out of Ghana. His domestic economic policies were harsh and largely ineffective in making life better for the people of Ghana. He did everything he did to please the “international community” and made sure he was a friend of America and, unlike Nkrumah, supported Big Brother “on all procedural votes.” The American Central Intelligence Agency (CIA) in a declassified November 3, 1971 memo to the White House noted with applause that Busia’s policies had “earned him the respect and support of the World Bank, the IMF, etc…” The CIA noted in particular that “Busia has followed highly moderate policies, adopted two straight austerity budgets, and refused to renege on the inherited debts. As a result, he is subject to a good deal of domestic pressure and the success of Ghana’s experiment with responsible democratic government is in doubt…” As correctly read by the CIA, Busia soon suffered a fate similar to Nkrumah’s – his ‘friends’ booted him out of office in January 1972, two months, 10 days after that memo was written. Almost immediately after the putsch, exiled Nkrumah fired what he called “a letter of consolation” to the fallen Busia, his former arch critic.
Cheeky, old Nkrumah wrote salt right into the injury of smarting Busia who had just fallen from power. A few lines from his three-page letter here: “I am sure that you realise that those who criticise other people without bothering to assign good reasons for their criticisms eventually end up as victims of their own circumstances. You will also appreciate the fact that those who sow a wind reap a whirlwind, and after you have finished spoiling other people, you will be surprised to find out that you have spoilt yourself.”
I watched President Tinubu in Ijebu Ode and Abeokuta last week. His movement suggested a sure-footed somebody. I watched him and wondered if he knew that tying the nuptial knots with one’s favourite lady is not the sole objective of marriage. He needs to be told that what makes the seas is more than sea water. Getting the presidency, complete with its power and glory, is not the end; making it work for the comfort of the people is. The eight million plus people who voted for him in February and the remaining millions on the street are dying slowly of hardship made worse by his recent policies. He withdrew petrol subsidy and is proud of it; he should be proud of enacting counter-policies that will deaden the pains. After all, when he was young and struggling, did he not join his folks to say that the one who knows how to eat isin must also know how to pluck out the death in its eyes?
It was John Maynard Keynes, the British economist who, in his 1923 publication, ‘A Tract on Monetary Reform’, famously said: “But this long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task, if in the tempestuous seasons they can only tell us, that when the storm is long past, the ocean is flat again.”
While the length of what constitutes the ‘long run’ will remain contentious, to say that the impact of an economic policy will be beneficial “in the long run”, presupposes that enduring current hardship is a necessary condition for the promised prosperity to occur. It also assumes that the sustenance of those policies and maintaining every other factor in the equation constant until the ‘long run’ is reached are necessary conditions for the supposed benefits of those policies to crystallize. Economists call this ‘ceteris paribus’ (all things being equal). The problem here is not just that all things are rarely equal but also that many people may not survive what is supposed to be the short term adverse impacts of those policies.
President Tinubu’s declaration on the day of his inauguration that “subsidy is gone” has been widely held as a bold initiative by many analysts. However, it remains debatable whether the manner in which the fuel subsidy was removed was the best for the economy. Again, owing largely to a belief that the fuel subsidy regime was mired in unbridled corruption, there seems to be an uncritical consensus that fuel subsidy must go in its entirety. The three leading Presidential candidates in the 25 February 2023 presidential election – Tinubu, Atiku and Obi – promised to remove the subsidy.
Several arguments have been advanced on why the fuel subsidy must go:
One, is that fuel subsidy benefits primarily (if not exclusively) the rich who, we are told, maintain a retinue of SUVs and other fuel-guzzling vehicles. The truth is that in our generator dependent economy, those likely to be most adversely affected by the removal of fuel subsidies are not the very poor but business owners (who run their businesses mostly on generators and create most of the jobs in the economy) as well as the employed members of the Middle Class (who are the most productive segment of the society and who necessarily need to commute to their places of work and maintain their Middle class life style in the face of galloping inflation). Also to be severely affected are those in the informal sectors of the economy either as petty business people or as artisans. It can be argued that in Nigeria the very poor are mostly subsistent farmers who live in the rural areas. While they will also certainly be impacted negatively by the removal of subsidy on Premium Motor Spirits, it can be argued that since they do not rely substantially on public transportation to go to their farms or on purchases from the markets for their social reproduction, the impact of removing subsidies on them may not be as harsh as it is on other segments of the population.
Two, following the wrong assumption that those defined as the poor would be the most adversely affected by the impact of removing fuel subsidy is an equally misleading belief that the impact of removal of fuel subsidy can be ameliorated through targeted cash transfers of $800m loan from the World Bank to the very poor. We are told that under the proposed cash transfer scheme, the ‘poorest households’ will each receive the sum of N5000 per month over six months. Experiences from the Buhari government’s cash transfer schemes (including its ‘Trader moni’) however show that such alleged cash transfers were largely a scam. Apart from the fact that it is often an opportunity for the administrators of such schemes to populate the lists with ghost people or favoured names from politicians, even if the very poor are well targeted and located, there is the question of what difference a paltry sum of N5000 per month can make to a household’s standard of living, given the galloping inflation. Besides, there is the related question of what happens to those households after the six-months the targeted transfers are supposed to last. Would such households be automatically lifted from poverty or will the sudden withdrawal of the monthly N5000 stipend (which they will have become used to) actually worsen their standard of living beyond what it was before the start of the cash transfer? I believe the proposed $800m World Bank loan to be used for such targeted cash transfer would be more impactful if they are geared at producing at least 1000 viable small businesses in each of the 36 states of the federation as well as in supporting existing businesses and providing public transportation systems across the country. The country needs to evolve a sustainable welfare programme for the poor and the aged instead of using them as pawns to make us feel good and empathetic.
Three, it is unfortunate that an uncritical consensus seems to have been built around the very fallacious notion that subsidies are bad and distorts everything in the economy. The truth is that virtually all successful economies in the world today, even the most capitalistic and free market-oriented, employ various forms of subsidies to support segments of their society. For instance, figures from Hinrich Foundation, an Asia-based philanthropic organization that works to advance sustainable global trade, show that 54 OECD countries and 12 emerging economies provide over US$700 billion each year in some form of support to their agricultural sector alone. In 2020, for example the USA federal government made $45.7 billion direct payments to farmers—a record-high amount due to pandemic assistance. During the same pandemic, other subsidies (or palliatives) were provided to both citizens and businesses. In the United Kingdom, grants statistics showed that around £258bn was spent on subsidies in 2020/21, representing about 23 percent of all spending. In 2021/22, the country provided the sum of £1.65bn as direct subsidies to farmers in line with the figures set out in the country’s Agricultural Transition Plan. In China, estimates by South China Morning Post showed that more than 3,000 listed Chinese companies received the government’s industrial subsidies in 2020 which had a combined value of 22.6 billion yuan (US$3.5 billion). The government needs to maintain a level of sustainable subsidy on both fuel and fertilizer because their benefits will cascade throughout the country’s entire value chain.
Four, as the Tinubu government is hailed by the World Bank and several analysts for its supposed bold economic reforms, we should be careful that we are not being railroaded to our past of the IMF/World Bank-supported structural adjustment policies of the 1980s and 1990s which completely emasculated the country’s middle class and destroyed businesses. We must ask ourselves critical questions as we march forward to that inglorious past: How many African countries actually prospered from the ubiquitous structural adjustment policies of the 1980s and 1990s which were hailed by the two Bretton Woods institutions as the magic elixir that would solve all of the continent’s development challenges? The prescriptions of the two Bretton Woods’ then as of now remain unchanged – remove subsidies, liberalize trade, devalue (or float your currency) and generally roll back the state so that market forces will be the ultimate determinant of how values are allocated. Remarkably after these policies failed, the same institutions shifted support to other mantras – ‘bringing back the state’ (read: ‘good governance’), then to ‘build strong institutions, not strong men’ and promoting ‘democracy’ and other mantras. Typically, when these policies fail – as they often do – the same institutions will blame it either on non-sustainability of its recommended policies or at best start promoting a new mantra.
Adibe is Professor of Political Science and International Relations at Nasarawa State University, Keffi and Extraordinary Professor of Government Studies at North Western University, Mafikeng South Africa. He is also the founder of Adonis & Abbey Publishers and can be reached at 0705 807 8841(Text or WhatsApp only).
I had written and “kept this article in view” to adopt a well-known phrase in the nation’s bureaucracy. This was until I read the respected scholar, theorist, polemicist and journalist, Chidi Amuta’s piece: ‘Tinubu should avoid Wike’s and Buhari-era parade of rank incompetence’ recently published in USAfrica. Amuta’s typically well-worded, pungent and enlightening piece, convinced me to dust up my essay and align myself with his thoughts.
I’ve been Amuta’s admirer for the better part of the past four decades. This was before I was fortuitously joined with him in the Yemi Ogunbiyi dispensation in the good old Daily Times. He was up there chairing the editorial board of the organisation while younger elements like us honed our craft as interrogators and writers in different beats and departments.
Nigerians and the world at large continue to anticipate, with bated breaths, judicial pronouncements on the multivalent controversies devolving from the recent general elections. The polls have been broadly adjudged as having been heavily soiled in the oil and grease of sleaze and phenomenal compromise.
Aggrieved parties are variously seeking adjudication by the courts in the land. Bola Ahmed Tinubu who was inaugurated as the fifth president of the Fourth Republic on Monday, May 29, 2023, has since set out to work. He has made some appointments and commissioned inquests into the endeavours of a number of public officers he inherited from the predecessor government.
Godwin Emefiele, former governor of the Central Bank of Nigeria, (CBN), had become a virtual “traditional ruler” in his position. He was appointed in the twilight of the Goodluck Jonathan presidency and was retained all through the tepid eight-year Muhammadu Buhari era. On his part, the youthful Abdulrasheed Bawa, former chairman of the Economic and Financial Crimes Commission (EFCC), is vacationing in the executive suites of the Department of State Services (DSS). More contemporaneously, Tinubu has sacked the boards of several public institutions, many of which were the automated teller machines (ATMs) of some erstwhile godfather public officers.
In exercise of the approval of the national assembly enabling him to appoint 20 special advisers, Tinubu has named occupants of some of the advisory portfolios. One could almost close his eyes and list some of them who have been Tinubu’s henchmen for decades now. Dele Alake and Wale Edun were bound to be insiders in a Tinubu superstructure, any day. A secretary to the government of the federation, (SGF), the very experienced George Akume, a retired bureaucrat and former governor of Benue state; a chief of staff (COS), Femi Gbajabiamila, a long-serving federal parliamentarian, and a national security adviser, (NSA), Nuhu Ribadu have also been named. New heads of the nation’s defence and security forces have been appointed, among others, following a holistic sweep of those inherited from the preceding government.
Since Tinubu was pronounced “President in-waiting,” immediate past governor of Rivers state, Nyesom Ezenwo Wike, has raised executive genuflection and unabashed mendicancy to Olympian levels. You should have witnessed his unashamed kowtowing and grovelling before Tinubu when he, Wike, dragged the new helmsman to Port Harcourt, capital of Rivers state, even before the new president was inaugurated to commission a project executed by his erstwhile government. His jokes on that occasion were off-key, his laughter thoroughly mistimed. There was no concealment of his covetousness for accommodation in the evolving governance scheme. This is a man who spent all the initial 24 years of the Fourth Republic, hopping from one political office to another. This was climaxed with an eight-year stint as chief executive of perhaps Nigeria’s second-richest state.
At the height of his “power and glory,” buoyed by two government-owned jets at his beck and call, Wike reportedly boasted to many of his audiences that on no account does he pass the night in Abuja. In the aftermath of Tinubu’s inauguration, however, Wike has relocated wholly to the nation’s capital, sleeping and waking up in Abuja every day. He has reportedly been hopping from the State House to the federal parliament, and gatecrashing into the hotel rooms and homes of associates of the new president. He has become a very regular caller in Aso Villa, a veritable janitor actually. Who says a novel janitorial schedule cannot be created for him in the State House scheme by the way? Within Tinubu’s first 10 days in Aso Villa, Wike visited him three times! His carriage indeed, has been like that of a sole sponsor of the 2023 general elections, who is demanding mega returns on investment! Recall he loves to sing Nkem Owoh’s song, agreement is agreement.
Wike, the husky-voiced sea lion of the creeks of the Niger Delta, has rapidly transmogrified into a vulnerable pussy cat. He now has to ride on the backs of third parties to access the seat of power. When he is not on the tails of Seyi Makinde, governor of Oyo state, and his colleague in the G-5, he is tagging along with his former foes like Dave Umahi. And this is all in the bid to gain access to the highly restricted State House. He marched with his G-5 allies to visit the president days into the new administration, barely seeking the second opinion of his mirror. This was before he turned out oddly in a group photograph of his G-5 and the president. The miscued buttoning of his suit was the stuff of media jokes and jabs for several days!
Wike “forcefully herded” the new president of the senate, Godswill Akpabio, and a host of other dignitaries and national figures to his local church in Obio-Akpo local government area of Rivers state a fortnight ago. They attended a simulated “thanksgiving service” in his honour. It was a programme which he put up to reassure himself, and flaunt before his kinsmen, the fact that he was still a big player on the national political podium. At that event, Wike attempted to impugn the integrity of the local chapter of the PDP. He alluded to a “poisoning” at the state secretariat of the PDP years ago, which allegedly threatened his vital organs. Surprisingly, in Wike’s several media appearances many of which he held in the gardens of Brick House, Government House in Port Harcourt, no allusion has ever been made to this incident.
Unknown to him, however, he opened himself up to further public derision. Phrank Shaibu, a media aide to Atiku Abubakar, spontaneously reminded Wike that the phantom affliction of his “kidney and lungs,” if it ever happened, was a product of career alcoholism. Shaibu reminded Wike that he, Wike, had earlier publicly admitted to starting off his day every day by gulping bottles of “40-year aged” vintage whisky! The shelf price of one bottle of Wike’s favourite daily “morning tonic”, by the way, is about N10 million! The last time I checked, no vice chancellor in any public Nigerian university, no professor, earns N1 million as their total pay package in a month. There may be exceptions though, probably a handful whose professorial chairs are being generously sustained by affluent instituting bodies or well-endowed individuals. Yet, these intellectuals are the bastions of very engaging knowledge production and impartation for national and global development.
The point is that Wike desperately needs a new official address. He cannot conceive of existence in anonymity, away from the razzmatazz and klieg lights of the public environment. Not after being over-pampered at our collective expense for a whopping 24 years! He is enamoured by having aides and officials fawning and shuffling around him. He loves to stand behind the lectern and rehash Timaya’s popular song, “as e dey pain dem, e dey sweet us“. He loves to hop and prance before excitable audiences. He will not be able to do all of that as a private citizen. Wike has estranged himself from the political class in Rivers state on account of his weird specie of leadership, he doesn’t have many friends back home.
Wike loves the allure of power. During his cross-country consultations ahead of the PDP presidential primary last year, Wike’s sole sing-song was: “Give me that power, just give it to me and see what I will do with it”. His advocacy and solicitation bore no references to a broad vision, a mission statement, or a manifesto. He only wanted power to transit from Rivers state-owned airplanes, to those of the federal government as president. His “matter-of-life-and-death” solicitation for engagement in government, will avail him leverage with instruments of state with which to hound his adversaries. Hasn’t it become clear the under-the-table liaison between top government functionaries and military commanders in the procurement of personnel for illegal election duties, especially under the watch of the spectacularly indolent President Muhammadu Buhari? These are some of the privileges public office Nigerian-style, confers on officials.
Wike’s colleagues are winding down and resting after giving some of their perspiration to national service, over the years. Immediate past Works and Housing Minister, Babatunde Fashola, hinted months ago that he urgently needed to return home to be “president” of his family. He marked his diamond birthday ceremony as a private citizen just days ago. After a breathtaking 20 years of public service at the highest levels, he wants to take a deserved holiday, except if the current president needs him for a specific task. Since he left office 16 years ago, Donald Duke, arguably one of the star boys of the Fourth Republic, has been very actively engaged in other productive ventures outside Government House. He has been sharing his aggregated experiences and inspiring others. Coincidentally, Fashola and Duke are attorneys like Wike.
Tinubu should help Wike to save himself, from himself. He should be detailed without further delay to a health farm to begin the imperative process of rejuvenation, regeneration and reinvigoration. He has lost the chubby cheeks characteristic of his visage, just months back. There will always be opportunities for service to the nation in a lifetime. He should step aside so that new talent and competencies can be discovered in his state. Tinubu an elder himself, agba, as we say in Yoruba, knows that the rascal procured with just the smell of mint-fresh currency notes to incinerate his father’s home, will be amenable to bringing down his neighbour’s with enhanced incentive. That should inform the rules of engagement with this prospective “janitor of Aso Villa.”
Olusunle (PhD), a poet, journalist, scholar and author is a member of the Nigerian Guild of Editors (NGE)
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Ezomo Anthony Aleogho Ayaoghena Dokpesi loved the gazebo in his beautiful Abuja residence. It is made of big rafters and roofed with thatch. A gazebo like the one in Dokpesi’s vast compound is a small building in a house that affords a wide view of the surrounding areas. He ate suya, groundnut and roasted fish. He drank and relaxed there. He loved choice wines and champagne. The workaholic found great pleasure in unwinding at the gazebo by hosting family members, friends, associates and loved ones there. No one was left out. He would sing and dance. Sunny Ade’s music was his favourite. He would laugh. Nay, guffaw.
It was a place for us to taunt and tease each other – me jokingly calling him “my son and my boy whom I paid his school fees, trained and married for with my hard-earned money”. He derisively, but jokingly, telling me “You baga; you bush boy who would shiver before me and could not even dare enter my lush office or room in the 80s”. All and everyone present would laugh. We usually cracked their ribs with such nostalgic jokes.
So, coming to the gazebo on that June 16, 2023, for “A Night with Ezomo @ The Gazebo”, was particularly traumatic for me. I could not dance or sing. I was completely numb. I was transfixed like an insect rendered immobile by some powerful chemicals. So, was it really true the Oghierumhoa of Weppa Wanno Kingdom and Araba of Oshoroland would not get up from somewhere to dance with us? Just anywhere from the shadows? Where was he? I looked around. Imagine for a moment, the scene of a helpless and hapless child looking around for his mother. Dokpesi was nowhere. I broke down. I cried like a baby. Uncontrollably. Publicly. I was inconsolable. I had no shame. Shame? Ha, I conquered it there and then. Reason vacated its seat. Emotions took over. I was broken. Other attendees came to my aid. But not so fast.
Some of them equally broke down and joined me in letting out pent-up emotions. Sen Kassim Oyofo, Lina Okakpu, Mina Horsfall, Barr Ter, Vera Ovhighie, and others who were consoling me joined. They themselves wept like babies. Oh death, where is thy sting? You shameless death that wears a hideous monstrous visage, why are you so cruel, so unfeeling? I wiped my tears. I left for my nearby home in distress. Like a rain-beaten chicken. I left the Gazebo Mystique.
Then, this write-up was finally triggered when a friend and kinsman based in Atlanta, USA, Alily Akhigbe, sent me Ezomo’s outing and speech during the DAAR Communications 4th Award night in December 2021. Just one and a half years ago! I listened to it. Carefully. He was speaking as if he were still alive. Powerful. Boisterous. Effervescent. Brutally frank, as ever. Luminous. Bubbling with the “sap of life like a yam tendril in the rainy season,” as Chinua Achebe once called it in “Things Fall Apart”.
He narrated how I rained blows on him physically at a meeting with a consortium of banks at Marina in Lagos when he had broken down and cried. The government had engineered the banks to take over DAAR over its debts, many of which were not even due for payment. He had wept. He narrated how I descended on him publicly, there and then, raining blows on him, telling him he had committed no crime by borrowing money to run DAAR Communications. He looked at me like a child unto his mother, wiped his eyes and steadied himself for the remaining portion of the meeting. We won at the end of the day.
Successive governments never relented in trying to kill his entrepreneurial and political spirit. They all failed. Woefully. I won virtually all his and DAAR’s cases up to the Supreme Court. Kanu Agabi, SAN, also led me to defeat the government in the criminal charges of alleged embezzlement of security funds against him. We won at the Federal High Court (Tsoho CJ) and the Court of Appeal. He was completely discharged and acquitted. So, Dokpesi died without any blemish. He was given a clean judicial and moral bill of health by all courts in Nigeria.
Dokpesi’s humility which he wore like a second skin was infectious, as he bowed for me, every and anyone at the award night, where I was given the “Legal Icon” award. So, watching this video, I again broke down. Even now, I am still crying. Ha, Ezomo, why? But, why? Adieu. Farewell, Iyokpamhe.
Compatriots, let us not mourn, but celebrate this African Octopoidal septuagenarian; this legend; this colossus. It was Calpurnia, wife of Julius Caesar, in William Shakespeare’s Julius Caesar, who, while begging her husband not to venture out on the Ides of March (the day he was later assassinated), made the following memorable speech: “When beggars die, there are no comets seen; the heavens themselves blaze forth the death of Princes”. High Chief Anthony Aleogho Dokpesi, OFR, easily fits into this narrative.
Surely, in Dokpesi’s transition, comets were seen. Because he was a prince of peace, even the heavens blazed forth his death.
He also fits into Julius Caesar’s own reply: “Cowards die many times before their deaths. The valiant never taste of death but once”.
I will end this tribute by quoting Mark Anthony in the same Williams Shakespeare’s Julius Caesar when he said of Brutus: “His life was gentle and the elements so mixed in him that nature might stand up and say to the world, “this was a man”.
In the words of 1 Corinthians 15:55. “O death, where is your sting? O grave, where is your victory?” Haruk Murakami (a contemporary Japanese writer) was right when he said: “Death is not the opposite of life, but a part of it”. He was probably right, for Aleogho merely transmitted from mortality to immortality.
Let me tell you how the host of heaven now sees Dokpesi. They are in the words of Max Lucado (a Christian preacher and author): “We see a hearse; we think sorrow. We see a grave; we think despair. We hear of a death; we think of a loss. Not so in heaven when heaven sees a breathless body, it sees the vacated cocoon and the liberated butterfly”. Thus, Dokpesi vacated his worldly cocoon of mortality and got liberated like a butterfly into God’s bosom of immortality. Know ye today that what we owe Dokpesi is not to mourn him, but to keep his memory alive. For, as George Eliot, a famous English author most aptly put it: “Our dead are never dead to us until we have forgotten them”.
Ezomo Dokpesi, we will never forget you. You will forever live in our hearts. Be happy with the Lord till we meet on resurrection day to part no more.
For his very large Ezomo Dokpesi clan that he left behind; his teeming friends, admirers, associates and loved ones across the world, may the good Lord give you the heart and fortitude to bear this irreparable demise of our dear father, brother, friend and compatriot.
Adieu Iyokpamhe. Farewell Ikuekhiamhe. Goodbye humanist. Okiakhue, Agene 1.
Rising cases of cybercrime in the banking industry is becoming a big headache to bankers, customers and law enforcement agencies in the country. With so many people highly skilled in hacking techniques desperate for quick wealth, cybercrime may soon be the biggest danger to banks and their customers. As we all know, cybercrime is a criminal activity that either targets or uses a computer or a computer network. In recent years, cybercriminals have been relentlessly attacking banks’ computer networks in order to steal money from customers’ accounts. As more and more Nigerians are taking to e-transactions – now estimated to be worth N30.2 trillion daily - cybercriminals are working hard to devise new ways to steal from them; and they have been successful.
Many banks and their customers have fallen victim. In June 2022, these hackers stole N1.755 billion from various customers’ account in Globus Bank and fraudulently transferred the money into various accounts in other banks. The bank was quick to recover N817.99 million, but is still fighting to recover N962 million from the fraudsters’ accounts. As a last resort, Globus has filed an action in a Lagos High Court against those banks holding the stolen funds. Resorting to court action is very expensive and underscores the difficulties lenders and their customers face in seeking to recover stolen funds. Why should it be so difficult to retrieve stolen monies from fraudsters’ accounts? Why is it even difficult to apprehend the thieves when all their details are available in the records of their banks? Globus officials are unwilling to speak about this experience. Its Executive Director, Nixon Iwedi, declined to comment when this writer contacted him, understandably so since the fraud was a very embarrassing experience for the young lender.
GT Bank is also in court with some of its big corporate customers from whose accounts hackers stole over N1 billion in foreign currencies. Again, the bank’s officials were tightlipped when I called. Heritage Bank is luckier. A viral story which turned out to be fake news had claimed that N49 billion was stolen from its customers’ accounts. It caused a considerable anxiety on the executive floor and unease among customers, prompting the bank to quickly issue a rebuttal, which described the story as ‘’wrong’’ and ‘’fictitious’’. Part of the statement reads: ‘’Heritage Bank began implementation of its long-term sustainability plans premised on restructuring the bank, ensuring cost efficiency, management of its assets and resources towards restoring the financial institution’’. Obviously, no bank the size of Heritage would lose this much from its balance sheet and still be standing. The bank deserve commendation for stoutly pushing back against the fake news.
Frauds do not only lead to loss of money and erosion of trust in the industry, they also constitute serious PR nightmares for the banks, with many affected institutions feeling too embarrassed to talk about it openly. I often have advised many banks that resorting to stonewalling and gaslighting when faced with crises is a bad strategy. It could exacerbate the problems. When an organization is dealing with uncomfortable situations and ensuing press inquiries, it is advisable for it to promptly issue a statement stating its own side of the story, including efforts being taken to minimize loss, protects its customers and forestall future occurrences.
Hackers are unrelenting in seeking various ways to attack banks. In addition to corporate customers, individual customers are constantly being bombarded with spurious phone calls from fraudsters who claim to be customer care officials of their banks. All they want is to trick unsuspecting individuals into revealing their confidential account details with which they can hack into their accounts. I was amused when I received such a call recently from a hacker on the Eid public holiday. The caller asked if I am a customer of a certain bank, and that he was calling from the bank. Perhaps, it didn’t occur to him that it was a holiday. I told him that all my money is at the World Bank. He couldn’t help laughing.
Although banks’ customers are understandably alarmed by the increasing risks of cybercrime in the industry, their chief executives are less worried. ‘’The problem is not as intense as the noise suggests’’, says the chief executive of one of the biggest banks. He noted that although hackers breach banks’ database often, ‘’it is nothing significant to give anyone significant concern’’. He continues: ‘’The risk is real and it happens quite frequently. Usually breaches occur when there is internal collusion so internal control and monitoring certainly helps to keep the incidents down’’. The chief executive reveals that the CBN is working through the Bankers’ Committee to create an industry Security Operations Centre (SOC) to manage cyber risks. That’s quite assuring.
Apart from the SOC of the Bankers’ Committee, the CBN had June last year rolled out risk-based cybersecurity framework and guidelines to other financial institutions (OFI). OFIs are made up of micro finance banks, insurance and others, apart from deposit money banks. The guidelines are very comprehensive and cover such areas as: Cybersecurity Governance and Oversight; Cybersecurity Risks management System; Cybersecurity Operational Resilience and Metrics, monitoring & Reporting, in addition to Compliance with Statutory and Regulatory Requirements.
All over the world, financial institutions are among the most targeted for cybercrime. With millions of customers and their sensitive data, our banks continue to face serious and persistent threats of cyberattacks every day. Each institution should invest heavily in robust guardrails and defense system while monetary authorities, regulators and the managers in the industry should stay ahead of the criminals. CBN’s recent requirements for customers to provide their social media handle as part of KYC is part of the initiatives to curb cybercrime. The Bankers’ Committee should develop simpler ways for individual customers to recover funds lost to hackers. I am often moved to tears by heartrending stories of small savers being asked to go from police stations to the courts to make reports and swear affidavits. The bank CEO I interviewed for this article had confirmed that internal collusion is also part of the problems. The banks should do more to scrutinize and supervise their staffs, especially the outsourced ones, who are more likely to collude with fraudsters.
[OPINION] A good obstetrician is not the brilliant, but one that delivers safely - Owei Lakemfa
AdminPresident Bola Tinubu is being praised to the high heavens for the alleged giant strides and courageous decisions he had taken in the first four weeks of his government. The international community led by the World Bank have also been full of praises, claiming that the confidence of international investors is being restored.
The triumphant song out there is that President Tinubu hit the ground running. I went back to see where he hit the ground and found some debris. Otherwise, the aircraft appears in perfect condition. So the debris might just be a few loose panels or bolts.
Personally, I would suggest to the Ashiwaju that while continuing his run full steam, he should ask the Accident Investigation Department to examine the site and ascertain if there is really a problem. The most obvious to me is the astronomical hike in the cost of fuel prices which pushed PMS from N189 to N530 per litre with obvious indications, that this will be the first increase in many to come.
Obviously, Tinubu is praised for being a tough and strong man who took an unpalatable decision even when his immediate team did not think it was a wise decision to take on the very day of his inauguration. But our President must calm down; he needs be told from onset that the President Nigerians need is not a strong, tough one, but one with empathy – which I used to know Tinubu for –and a team player which he promised he would be. In his inauguration speech the President made a sacred vow to the people: “Our administration shall govern on your behalf but never rule over you. We shall consult and dialogue but never dictate.” He needs to keep to this.
President Tinubu made a tragic mistake in listening to hawks, including local and international undertakers, and imposing the sharp fuel prices on Nigerians. This has led to what Fela would have called “Sorrow, Tears and Blood”. Tinubu is human and fallible and as a good leader, he needs to listen to the cries of the people in the street and take immediate steps by reviewing the astronomical fuel prices. This will portray him not as a weak leader, but a strong passionate one who listens to the people he leads.
For the compelling reasons why he has to act immediately, I suggest he listens to the viral video of Majeed Dahiru on the subject, and for the scientific analysis, he could cause his aides to summarise for him, the presentations of Professor Izielen Agbon which are available on the net.
On my part, I will tell a true story that buttresses my conviction that a good obstetrician is not necessarily the brilliant, but one that delivers safely.
The Union Bank of Nigeria was one of the three biggest banks in the country. Along with the UBA and the First Bank, they were known as the Solid Three. The bank itself was established in 1917, three years after the country was amalgamated. It was fittingly called the Colonial Bank before it was renamed in 1925 as the Barclays Bank DCO (Dominion, Colonial and Overseas.) The bank was one of those supporting the Apartheid regime in South Africa and was therefore taken over in 1979 and renamed Union Bank.
In 2009, the Central Bank revealed that the bank’s management had been undermining the bank, including giving collateral-free multi-billion dollar loans to “speculators”. To rescue it, a new management under a financial expert and leading banker, Mrs Funke Osibodu was appointed to rescue the bank.
When in trying to reposition the bank, the new management touched the Legacy contributory pension fund of the staff, there was a protest and the management dismissed 13 leaders of the staff union. When the Association of Senior Staff of Banks, Insurance and Financial Institution Employees protested against the sack, union branch leaders were punitively transferred across the country. The management banned the union, seized its offices and finances.
When labour protested , the management approached the National Industrial Court, NIC, which granted an injunction barring Labour from going on strike or obstructing the services of the bank in any way. The security services, including the police and the States Security Services, perhaps to enforce the NIC injunction, took over security on the bank premises. When the Nigeria Labour Congress, NLC, approached the Federal Ministry of Labour to get the labour issues sorted out, the bank, apart from getting some labour leaders openly aligned to it, also got the Ministry’s endorsement as the Labour Minister pointed out that a court order already existed and Labour itself was split.
As the triumphant management rose from the meeting with the Minister, I approached the Managing Director to beg her to avoid a collapse of the bank which can result if a labour strike occurs and customers, who were already weary of the viability of the bank, make a run on it. I suggested that she focused on reviving the bank and resuscitating it rather than risk being diverted and sucked into an avoidable, potentially bruising labour crises.
She listened to me, but her lawyers and officials were hailing her and asked her to ignore my appeals.
All the powers of government, including the security services, Labour Ministry and most labour leaders were on her side. In any case, she was the expert. However, her most senior official at our meetings, Mr. Folashodun Adebisi Shonubi, the Executive Director, Information Technology and Development thought there should be some caution. We opened back channels trying to end the labour crises.
Eventually, on February 14, 2011, the staff and their labour allies sent Mrs Osibodu a valentine message by shutting down the bank. It was a gruelling struggle. The management did not recover from it, Mrs Osibodu had to leave the following year and the now tottering bank eventually collapsed and was taken over.
Mr. Shonubi, Osibodu’s Executive Director who thought the management should focus on its primary objective of reviving the bank rather than taking on the staff, has now been appointed by Tinubu as the Acting Governor of the Central Bank. The lesson in the Union Bank story is the need to listen to other persons rather than be carried away by accolades.
President Tinubu’s primary focus should be the security of the populace and the welfare of the long suffering people of Nigeria many of whom despite being one of the biggest oil producers in the world live in abject poverty.
I need not tell President Tinubu to beware of those who praise him for engaging in a sprint in the first four weeks of his administration when he is actually in a four-year marathon race.
It has been 30 days of the Bola Tinubu administration, and it has been a bustling and eventful one. President Tinubu has rightfully earned the ticket "Baba-go-fast" for the decisiveness, punctiliousness, diligence, and swiftness of his leadership. The past 30 days have been motion, movement, and acceleration. Good things happen when governance runs on the stimulus of hope.
"Hitting the ground running" has a walking and talking example in the President.
Upon assumption of office, he did the derring-do -- axing petrol subsidy; averting a national strike and giving the naira the muscle to find its fortune in the agora of trade.
According to JP Morgan, a US financial services firm, the naira is expected to appreciate, and trade at N600 to the dollar over the coming months.
The firm said: "While it will take a few days for USD/NGN spot to settle, we fully expect an initial overshoot towards the parallel market rate of -750 or higher, after which, we expect USD/NGN to settle in the high 600s over [the] coming months."
Bloomberg, an international news agency, reported that investors were excited about Nigeria owing to the president's swift reforms. It also reported that Nigeria's equity market witnessed a boom -- a corollary of the incipient policies, signalling a return of confidence in the market.
Reuters reported that investors were stunned by the quick reforms of the President. Reuters reports: "Nigeria's new president, in office, for less than a month, is pushing to put Africa's largest economy on a reform track that investors have eyed for decades, fuelling excitement that money could flow to the nation that many had deemed uninvestible."
Governance is not rocket-science after all. It takes courage. Audacity. Diligence. Purpose. And forthrightness. Bold decisions take bold leadership.
The President signed four seminal bills into law. The bill harmonising retirement age for judges and stipulating uniformity in pension rights for judicial officers; The Electricity Act which effectively decentralises power, empowering states, companies, and individuals to generate, transmit and distribute electricity; The Student Loan Act which allows students in tertiary institutions access to interest-free loans from the Nigerian Education Loan Fund, and The Data Protection Law which protects the privacy and liberties of citizens.
The President made some critical appointments as well. He appointed service chiefs cognising Nigeria’s diversity and geopolitical balance. He appointed Mallam Nuhu Ribadu as National Security Adviser; Maj. Gen. C.G Musa as Chief of Defence Staff; Maj. T. A Lagbaja as Chief of Army Staff; Rear Admiral E. A Ogalla as Chief of Naval Staff’; AVM H.B Abubakar as Chief of Air Staff’; DIG Kayode Egbetokun as Acting Inspector-General of Police; Maj. Gen. EPA Undiandeye as Chief of Defence Intelligence.
This clearly manifests sensitivity and attunement to the complexities of Nigeria’s unity.
In the past month, the President attended the New Global Financing Pact Summit in France where he made firm and bold declarations. He said his ongoing reforms -- removal of fuel subsidy and streamlining of exchange rate -- would be sustained for a more competitive economy that would attract Foreign Direct Investment (FDI) into the country. The President warned that ignoring Nigeria, with its vibrant population and economy, would be perilous for the world.
The President also reaffirmed Africa as the centrepiece of Nigeria’s foreign policy. He said at a meeting with President Patrice Talon of Benin Republic: ‘’We are ready to improve relations. Africa has been the centrepiece of Nigeria's foreign policy. I believe in Africa. We have the necessity to grow the continent. The world's economy is wobbling, and Africa has been left behind. On risk factors, Africa is always placed high, with higher interest rates on borrowing. We are always classified as high risk. We must work together for systematic recovery and growth."
Sustaining the current trajectory is, however, important. It is a fantastic start. ‘’Wailers’’ are becoming ‘’hailers’’; some ‘’Obidients’’ are becoming disobedient to their creed of vicious propaganda and malice, jumping ship, and supporting the government’s reforms. Citizens are buoyed by the clear direction of the government and the speed at which it is beginning to deliver on its promises.
The leadership has earned public trust and goodwill, which are not easy to come by for any government. Goodwill and public trust are sacrosanct and basic for driving plans and programmes; hence the leadership must work to keep it.
The sense of urgency to national matters, the mindfulness, the decisiveness, and the alacrity should be sustained.
The leadership should keep the arteries of communication alive, informing and educating citizens persistently on the essence of the reforms, and should keep dispelling misinformation and disinformation intelligently and aggressively when and where necessary.
It should guard against any form of complacency and should be pre-emptive about the possible exploitation of citizens' concerns by some misanthropes for inordinate political tolls.
The leadership should remain thirsty and hungry for governance.
It is essential that the current steam of hope is sustained.