Author: The Nation

  • National anthems: Purpose and practice

    National anthems: Purpose and practice

    By Dan S. Izevbaye, Kunle Adeniran & John A. A. Ayoade

    A national anthem is one of the instruments of modern government. The lyrics are typically approved by the government and people as correctly expressing their history and national aspirations. Ideally, a national anthem is a patriotic song aimed at galvanizing national patriotism by socializing the citizenry and thus produce patriotic citizens. National anthems are therefore not mere symbolic national cosmetics, but essential national spiritual instruments for national edification.  Even the monarchy-centred British national anthem which was adopted in September 1745 aimed at the edification of the nation using the monarchy as the rallying point.

    National anthems became very prominent in the 18th century. Claude Joseph Rouget de Lisle wrote the poem of the French national anthem in 1792. He also composed its music, which was adopted as the French national anthem on July 14, 1795. It was a war song during the French revolution. It is no surprise therefore, that Anne-Marie described it as “bold, catchy and revolutionary”. It is a celebration of French chivalry and the popularisation of the French revolutionary triad of ‘liberty, equality and brotherhood’. Similarly, the American national anthem was inspired by the victory over the British at Fort McHenry during the war of 1812. The anthem, “The Star-Spangled Banner” is a song based on the poem “The Defence of Fort McHenry”. No wonder it celebrates what is often described as elements of American character, namely: independence, bravery and heroism in such phrases as ‘land of the free’ and ‘home of the brave’. It was also Scott Key, the lyricist, who supplied the tune of a popular British song for his poem, which was officially adopted as the American National Anthem in 1931.

    The Nigerian saga

    The British acquired different parts of Nigeria either as colony or protectorate, by conquest or by treaty and coalesced them into Colony and Protectorate of Southern Nigeria and Protectorate of Northern Nigeria. In 1914, the two were amalgamated into one country called Nigeria. The name Nigeria was coined by Flora Shaw, the girl-friend of Lieutenant General Frederick Lugard, a boisterous officer, who was deployed to colonial service. After a stint in Uganda in which he introduced indirect rule, he was posted to Nigeria where he effected the amalgamation that was aimed at colonial balanced budget rather than the integration of the two halves of Nigeria. He then assumed the title of Governor-General although there were no governors. In 1959, a year to the date set for Nigeria’s independence from colonial rule, an advert was posted for contestants to produce the national anthem. Over 500 Nigerians submitted entries but paradoxically the lyric submitted by a British expatriate, Lilian Jean Williams was selected as the winning entry while the music competition was won by a British ballet musician, Frances Brenda.

    As one would expect, Ezekiel Mphahlele recorded the criticism of Nigerians that the winners of the national anthem were both Britons rather than Nigerians. It is contradictory, some people argued, that a very significant document for the independence of Nigeria from Britain was British-brewed. It was therefore not an autochthonous document, which is a serious charge in independence matters as it would appear to detract from the independence of those who claim preparedness and readiness for independence if they could not prepare their own national anthem. By that date (1959), Nigeria had produced such literary giants like Chinua Achebe who had published the globally successful “Things Fall Apart” and Wole Soyinka who had published and staged many plays including, in fact, the Independence Play, “A Dance of the Forests”. It could not have been that Nigeria which went ahead to produce a Nobel Laureate in Literature and more than 200 entries annually for the Nigerian Prize in Literature could not have produced a winning entry for the national anthem. As it were, they were Britons who made the statement, “Nigeria We Hail Thee”.

    The anthem was in use from Independence in 1960 till 1978 when the military administration of Olusegun Obasanjo replaced it with “Arise O Compatriots” which was written by four Nigerians – John A. Ilechukwu, Eme Etim Akpan, Babatunde A. Ogunnaike, O Sola Omoigui, and P. O. Aderibigbe. The music was written by a Nigerian, B. E. Odiase. The second anthem lasted forty-six years.

    President Ebele Jonathan convened the 2014 National Conference which approved the recommendation of its Committee on Political Restructuring and Forms of Government that Nigeria should revert to the old national anthem or what some people term the ‘Original National Anthem’. The conference based its submission on two main grounds. First, it was of the opinion that the old anthem is a better symbol of unity, peace and prosperity without substantiating how it does. Second, the conference argued that the change would assist Nigeria to achieve her goal of building a fully integrated nation. The two grounds sounded good to the ear but are hardly plausible. At best, they are general political platitudes. They also, more or less, form the basis of the adoption of what the Senate President, Senator Godswill Akpabio, termed the “up-dated national anthem”.

    The protagonists argued that “Nigeria We Hail Thee” connects “more to our core with a deeper meaning”. This is still in the realm of generalizations. Candidate Tinubu had promised to revert to the old anthem during his presidential campaign claiming that it “describes us much better” because “it is about service, commitment and nation-building”.  

    There is no prescribed amendatory process for a national anthem because it is not specifically written into the constitution. The change is therefore technically not an amendment to the constitution. It could therefore be handled as a bill which is what was done in this case. Democracy demands a participatory process which normally involves a public hearing. At the public hearing, the Attorney General and Minister of Justice of the Federation, Lateef Fagbemi (SAN) argued that public hearing is necessary but not sufficient for the proposed amendment. Senate Majority Leader, Michael Opeyemi Bamidele, is quoted to have said, on the same subject, that “if considered necessary, further consultation would be had on the matter”. It turned out that no further consultation was had on the matter. The ‘original anthem’ was therefore brought back without subjecting it to any editing. 

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    It was reproduced completely with the most offensive derogatory line of the lyric which states “Though tribe and tongue may differ; in brotherhood, we stand”. The derogation is proved by the fact that the term ‘tribe’ is reserved for Africans, Indians and Native Americans and not for peoples in similar circumstances in Europe and the United States. Chinua Achebe in his “Things Fall Apart” had referred to the penchant of colonial officers and European anthropologists for denigrating colonial peoples as tribesmen. We rely on the definitions of two eminent dictionaries of the English language to demonstrate discriminatory attribution of the term to Africans and in this particular instance to Nigerians. The Oxford English Dictionary defines tribe as “an aggregate of people in a in a primitive and barbarous condition” just as the Century Dictionary defines it as “a division of a barbarous race of people”.

    To retain this in the national anthem will be the worst and unfortunate intentional self-denigration in the 21st century. Even worse than that is the fact that the colonial metropolis deliberately applied the word ‘tribe’ as a justificatory phraseology for colonialism and its attendant atrocities. It inflicts a double jeopardy on colonial peoples and neutralizes the right of independence. To retain it is to accept   that self-determination is a concession for which Nigerians should show gratitude. Self-determination is a right.

    The conjunction ‘Though’ that begins the third line of the anthem suggests that the differences caused by ‘tribe and tongue’ are major obstacles to unity but moderated by brotherhood as a solvent. The role of brotherhood as solvent for the differences of tribe and tongue is counter-intuitive because differences would not have been noticeable and/or worrying if brotherhood is an efficacious solvent in the first place. Even if brotherhood were efficacious, the word brotherhood has become suspect as sexist in matters of this nature. It is better avoided in critical matters like the national anthem.

    We want to put on record the speed with which the ‘original’ anthem was brought back to life. It shows that the National Assembly can speedily attend to issues. In this same spirit, we implore the National Assembly to set in motion the process of expunging the offensive words so as to relieve all Nigerians of the memories of colonialism in our national anthem.

    •Izevbaye, Emeritus Professor of English; Adeniran, Professor of Linguistics and Ayoade, Emeritus Professor of Political Science, write from University of Ibadan.

  • Who is afraid of EFCC?

    Who is afraid of EFCC?

    By Osifisan Kehinde

    Recently, there have been simulated hues on the activities of the nation’s foremost anti- corruption agency, the Economic and Financial Crimes Commission (EFCC).

    Since the appointment of Olanipekun Olukoyede as chairman of the commission in October 2023, there is no doubt that the fight against corruption has taken a new vista. A new Sheriff is in town! The EFCC under Olukoyede has recorded unprecedented success in the recovery of looted funds and prosecution of suspected fraudsters, high and low alike. Never in the history of the commission has such a humongous amount of money in national and international currencies recovered from looters.

    In fact, the EFCC added another chip to its bulging shoulders recently when a whole university, found to have been established with the proceeds of corruption, was permanently forfeited to the federal government! A whole university, forfeited on the basis of corruption? That’s unheard of!

    EFCC is so dreaded now that even a former chief security officer of a state for eight years is unbelievably scared-stiff of going to court for mere arraignment by the EFCC. The EFCC is now seen by the corrupt even in their sleep! To sum it up: The fear of the EFCC is now the begging of wisdom.

    Of course, one does not expect to throw a heavy punch without a response, especially when your opponents have a heavy purse and are highly placed and connected? The attacks are rolling in barely disguised.

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    Never in the annals of the EFCC has the commission faced a barrage of simulated, sponsored and coordinated attacks, especially in the media, by people whose filthy toes have been marched and their hedonistic ego punctured by the EFCC.

    What is actually EFCC’s calling? Established on April 10, 2003, the  functions of the EFCC include: investigation of all financial crimes including advance fee fraud, money laundering, counterfeiting, illegal fund transfers, futures market fraud, contract scam etc.; the coordination and enforcement of all economic and financial crimes laws; adoption of measures to identify, trace, freeze, confiscate or seize proceeds derived from terrorist activities and adoption of methods to eradicate the commission of economic and financial crimes.

    The EFCC was also created to statutorily collaborate with government bodies both within and outside Nigeria to ensure the eradication of economic and financial crimes; and to also engage in education and enlightenment campaign against the evil of economic and financial crimes within and outside Nigeria.

    It is true that one may not totally rule out some form of overzealousness by few operatives of the commission in carrying out their statutory functions, even in minutest cases; but that is why the laws are enacted and the courts created. Whoever is displeased with the activities of the commission should be bold enough to seek redress in the court of law instead of turning copious sponsored advertorials into articles to attack the EFCC.

    There are, litany of cases where the federal government has been reprimanded and made to pay damages for human rights infringements, let alone the agency created by the federal government.

    The commission has made unprecedented strides since the assumption of office of the new chairman less than one year ago. These strides must be supported by well-meaning people and the flame of the new EFCC must not be deemed.

    So far, EFCC is reported to have secured 3,175 convictions and recovered N156,276,691,242.30 between May 29, 2023 and now . Foreign cash seizures are also as follows $43,835,214.24, £25,365.00, €186,947.10, ₹51,360.00, C$3,750.00, A$740.00, ¥74,754.00, R35,000.00, 42,390.00 UAE Dirhams, 247.00 Riyals and 21,580,867,631 Crypto Currency. These are mind-boggling figures that have kept the mouth wide open.

    Blessed is the one who does not commit financial crimes, covet public funds, harbour proceeds of corruption or sits in the company of fraudsters.

    For those who do not want water to be splashed on them, they should stay away from the river bank. A lot of noise is being and would continue to be made against EFCC but they will remain what they are: Noise!

    The federal government, on its own, has demonstrated exemplary posture in supporting the renewed fight by EFCC against corruption. A minister in the Federal  Executive Council (FEC) has been excused and suspended from office pending investigation by the EFCC; commendably so. Other serving top government functionaries have not found sanctuary in the Tinubu administration. Therefore, people alleged or accused of corruption must be ready to voluntarily aid investigations, keep their dates in the court and clear their names or face the music.

    For the EFCC, it is better to be feared, abused and detested by people facing corruption allegations than to be praised. The hope of victory over corruption will dim the moment the corrupt start to praise the EFCC.

    As the saying goes: “A clean conscience fears no accusation”. At the end of the day, the question remains: Who is afraid of EFCC?

    •Osifisan, a public affairs analyst based in Abeokuta sent this piece via osifisankehinde269@gmail.com

  • Kara ram market and contestation over citizenship

    Kara ram market and contestation over citizenship

    Last Thursday, I spent two hours between Kara Bridge cattle market and Berger bus stop, a distance of about two kilometres as a result of activities of ram sellers and ram buyers. On Friday, motorists and other road users were stranded in the Kara traffic gridlock for hours with some residents of Isheri North in Lagos State and those of Mowe, Ibafo, and Arepo in Ogun State choosing to put up with friends for the night in Omole Estate. With the traffic build-up stretching as far back as the Third Mainland Bridge from early hours of Saturday, it was a nightmare for motorists and residents who were forced to spend several hours in the gridlock.

    By “Sunday (Eid day), the situation according to Punch newspaper report “became worse with a loaded truck falling to its side on the Otedola Bridge area of the expressway and spilling its contents on the road with a similar incident along the Long Bridge section”. Added to this was the plight of outside-bound travellers and Muslims on last minute rush to buy rams at cheaper rate. Unfortunately, the presence of men of the Rapid Response Squad, (RRS), complemented by men of the Federal Road Safety Commission, (FRSC) brought little relief to Nigerians.

    The Kara ram market tragedy is cyclical as it is re-enacted during every Muslim ‘IIeya’ season. As successive governors of Ogun and Lagos states, neck deep in ‘politics of cow and ram’ writhe their hands in helplessness over the odious comparison as to who between cows and humans should enjoy citizenship status, our politicians especially the over-paid lawmakers in Abuja are playing the ostrich pretending not to know the difference between citizenship rights and privileges and animals right.

     In fact ex-President Buhari’s Attorney General, Abubakar Malami, to drive home his crooked syllogism, tried to equate the rights of Ibo traders in the northern cities to those of marauding cows in the reserved forests of Ondo State, protected by AK-47 wielding immigrant criminal herders. On the same page with Malami was President Buhari’s first Defence Minister, Mansur Mohammed Dan Ali. He once asked a rhetorical question “if you block the old grazing routes for cows, what do you expect” as a reaction to the murder of over 90 farmers by herders in Benue State. Their crooked logic was that cows and human beings have similar citizenship rights in Nigeria.

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    They were not alone.  In the eighth assemblies, some northern lawmakers spoke of consequences of shooting down the laws that would have allowed cows to graze freely on the farmlands of farmers in the federating states. And as late as last week, during the passage for second reading of  “A Bill to Establish a National  Husbandry and Ranches Commission for the Regulation and Control of Ranches  sponsored by Senator Titus Zam, Senate President Godswill Akpabio had to remind Senator Aliero who was opposed to the bill, that “cows are no citizens of Nigeria”.

    But back to Kara ram market where successive Ogun State governors have been playing ‘politics of ram and cow’, apparently to be in the good books of powerful northern politicians. Governor Gbenga Daniel had an opportunity to relocate the Kara ram market some 21 years back during Obasanjo’s presidency. But Daniel chose to serve his own personal interest. He deployed huge resources to sand-fill a portion of the Kara swamp, paved the roads and erected structures he called ‘Journalists Rendezvous’ which collapsed after his tenure. By his admission during his recent interview with Channels TV, he founded his own newspapers to fight Aremo Olusegun Osoba, his predecessor and a veteran journalist believed to have the sympathy of the media following the way he was rigged out of office by Obasanjo and Tony Anenih’s rigging machine that secured for him more votes than the total registered Ogun voters.

    Governor Ibikunle Amosun, with his one-metre long cap was also at Kara ram market for a road show after his election some 13 years back. He was said to have given the ram sellers an ultimatum to relocate to an alternative place, a directive which was ignored all through his eight years in office while cows enjoyed more privileges than his Ogun State citizens. It is also on record that Governor Dapo Abiodun threatened fire and brimstone to uphold the rights of his Ogun State people over cows when he first assumed office in 2019. Five years on, his besieged Ogun State citizens and motorists are still at the mercy of cows and rams at Kara market.

    Many have wondered if self-proclaiming Yoruba politicians whose only claim to “Awoism” is adorning his cap, created time to read some of his books or understudy his economic management blueprint which focused on development of human capital, through free education up to primary school in 1952, extended to secondary school by UPN that in 1979 “ran free education and free health programmes, created industrial and residential estates, and established universities, etc.”?

    And this only calls to question the preparedness of successive Yoruba governors since the beginning of the fourth republic. Their forebears starting with Obafemi Awolowo, the sage, his lieutenants including Bisi Onabanjo, Adekunle Ajasin, Bola Ige, Lateef Jakande and Ambrose Alli, set a pattern to follow with their citizen-centred policies.

    And their legacies ‘were in the areas of education, agriculture and food security, industrialization, employment generation, and massive physical and social infrastructures development’. The ill-advised balkanization of the region led to the ceding of some companies including the Odua Textiles, Okitipupa Oil Palm Limited, etc. to Ondo State, while Western Livestock Company, among other agricultural projects, went to Oyo State with Ogun State inheriting Apoje and Lomiro Oil palms, as well as Ilushin and Ikenne rubber plantations etc.

    But “regrettably”, as observed by a concerned Ogun citizen at a time, “none of the professed ‘Awoists’ that governed the state during the last two decades took any concrete steps to save Apoje, Lomiro, Ilushin and Ikenne plantations from destructive exploitation and progressive deterioration. It is the hope and fervent prayers of the good people of Ogun State that Governor Amosun would take proactive and measurable steps to resuscitate all Awo’s agro-economic legacies”.

    How can new inheritors of power in a region whose economic management revolved around the production of human capital, which found expression in the introduction of “free education up to the primary school level as far back as 1952 and extended to the secondary school level under the Unity Party of Nigeria, that in 1979, introduced education support at tertiary level, introduced free health programmes, created industrial and residential estates, established universities in Edo, Ondo, Ogun and Lagos be playing games with citizenship  in 2024?

    How can the governors defend the fact that a region which once had an elaborate “agriculture infrastructure including the Cooperative Bank (WEMA Bank) that provided credit facilities to farmers during planting seasons through agricultural cooperative societies and the marketing boards that  provided facilities for the sale of produce through marketing cooperatives” depend on rice, beans, millet, yam, tomato, pepper from other regions while consuming 10,000 cows daily without producing one?

    While federating member states are at liberty to confer citizenship on cows in their own areas, I think the current crop of Yoruba governors must re-event themselves. It is hoped their recent joint meeting would go beyond singing of Yoruba item to a more productive endeavour along the paradigm set by their illustrious forebears.

  • Bala Bello, neither bigotry nor nepotism

    Bala Bello, neither bigotry nor nepotism

    By Uchenna Kalu

    The Deputy Governor, Corporate Services, of Central Bank of Nigeria (CBN), Bala Bello, has been trending for a while. He was accused of being an ethnic bigot, a nepotist and more. For whatever reason, his traducers attributed the recent firing of some staffers of CBN to him as if he has such powers to unilaterally act. They say the gale of sack was in bad taste and was targeted at some persons from the southern part of the country while staffers from Bello’s north were exempted. This has turned out to be utter falsehood.

    The apex bank has explained reasons for the rationalisation and it has nothing to do with one man, not even a deputy governor. But the apex bank’s explanation has not doused the acerbic pelts at Bello. His critics insist he is an ethnic jingoist. Bello is none of this. He is a nationalist and much more a philanthropist whose deeds resonate across the nation.

    Philanthropy is an integral part of humanity. Philanthropists are those who open their hands for others. Some philanthropists are garrulous with their deeds; others play their philanthropic cards silently. Bello is in this class. He is a man of good deeds. Not many Nigerians know this about him. Over the years, he has managed to keep his charitable works away from public space, especially the media. It’s the stuff of genuine philanthropists; those who give as a matter of empathy, and not on the basis of public acclamation or to be celebrated of men usually with vainglorious titles and societal epaulets as reward.

    Though a proud son of Taraba State, his charity works extend beyond the primordial boundaries of religion and ethnicity. To him, humanity is one. And the inside of a hungry child is the same, irrespective of race, religion or ethnic nationality. When want and destitution strip a people to their bones, they are the same colour in the dark; they bear the same pain in their bodies and equal measure of emotional torture.

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    Bello understands this and he has taken to the noble path of philanthropy just to add a veneer of smile to the faces of the abandoned and broken children. And he does this without recourse to ethnic configuration of the beneficiaries of his gesture or their religion. In a country where some persons, especially public officers and those seeking public positions, give for what they can get, Bello gives without expecting.

    For many years, he has been a pillar of The Wanted Children Foundation (TWCF), a charity organisation spearheading the transformation of the lives of orphans and vulnerable children (OVC) in Nigeria. TWCF was founded in 2005 and registered as a Canadian charity in 2006 through a public-spirited woman, Courtney Anderson. Ever since, the organisation has weathered several storms to become the hope of the orphaned and the forsaken. Bello has silently been supporting TWCF and has played major rule in its sound footing in the country today.

    Starting out from its initial Children’s Home in Amaba community in Isuikwuato Local Government Area of Abia State, TWCF has moulted its old weak skin and has transformed to a reliable refuge for OVC where the children are cared for, loved and walked through healing processes for those traumatised by their state of abandonment. Some acquire skills while others are given the opportunity to go through the basics of cognitive learning.

    Today, through the support of pillars like Bello, TWCF has moved to its permanent site at Eluama, another community in the same Isuikwuato, a place they now call “home”.

    Let’s make it clear. TWCF is located in Abia State. Bello is from Taraba State. It did not matter to him that a majority of the beneficiaries of the benevolence of the charity organisation would be persons from Abia and the southeast. It did not matter to him that his home state, Taraba, being part of a country with broken homes, broken children and millions of out-of-school kids also has need of such home. Bello did not influence the relocation of such home to Taraba, to his community. Never did. Instead, he continued to support the noble cause of a humanitarian organisation whose mission is to assuage the pains of children.

    As a full-blooded Igbo man and someone who has lived in the north for many years, I sincerely salute the nationalistic spirit of Bello. Nigeria needs men like Bello; men who are detribalised; men who are not swayed by ethno-religious considerations but who believe in the oneness of the country. A man from the north who could wholeheartedly support a humanitarian organisation in the southeast in the manner Bello is doing deserves a national medal. It is for such persons that the lyrics of the National Anthem, ‘Though tribes and tongues may differ, In brotherhood we stand,’ assume its full essence. Bello is not a slave to tribes and tongues. He is bound by the spirit of brotherhood, the spirit of one indivisible Nigeria.

    Those close to him say this is the same nationalistic fervour that underpins his actions where ever he goes. And he has been to many places, functioned at several stations in high-ranking capacities. In all of these stations, he acquitted himself as a nationalist, not one sucked into the cesspit of nepotism. This defeats the trending thesis on social media that he was engaging in ethnic cleansing in his new station as Deputy Governor of CBN. Far from it.

    Bello is not a bitter man. He acknowledges the benevolence of Providence in his life. Nigeria, his fatherland, has done him good. And he loves his country; he loves Nigerians of all tongues. He has no reason to engage in any form of ethnic victimisation or to undermine any authority.

    This article is not about his storied corporate career, it’s about his devotion to charity, his humanity and his blazing spirit of nationalism. And if you think Bello has abandoned his people back home in Taraba, perish the thought. His We The People grassroots movement has become the rallying hub of development, empowerment and a meeting point between the poor and the rich. Through the movement, the virtues of unity, understanding and tolerance have been fostered among people of all ethnic nationalities and many have been lifted out of poverty.

    Truth be told, Bello does not deserve any tongue-lashing, he deserves lotus for his nationalism, patriotism and humanitarian service.

    •Kalu, businessman/public policy pundit, writes from Umuahia.

  • Beyond N40b theft of depositors’ money

    Beyond N40b theft of depositors’ money

    Good banking grows dreams, businesses, countries. It nurtures individuals and families. Ultimately, it suckles the future from the tits of the present. But bad banking manifests gruesomely, like a viral disease. Sometimes, it strikes like a pandemic, as was the case with modern Greece.

    Oftentimes, it sprouts as inflamed tumours, much like the infestation of a first-generation bank. It could be an uphill battle stifling the human hankering to spout off and be seen over a grievous crime, like the theft of N40 billion depositors’ money by a management staff of the bank.

    Few days after a close friend and confidant counseled me to send my Curriculum Vitae (CV) and a cover letter for the post of an image maker with one of the big banks, it is safe to say I may be ill-suited for such employ.

    This realisation manifests in the wake of the disclosure of the atrocity committed by the staff of the bank. It’s in my nature to censure not downplay such. Conceited, am I?

    In an era when digital sophistication subsists as the hallmark of any reputable financial institution, the first-generation bank manager brazenly mauled it into a grotesque affliction of modern banking. The recent revelation of a staggering N40 billion alleged theft by one of its own—the erstwhile manager of the electronic products team – is not just a scandal; it’s a damning indictment of the bank’s rotten system.

    The culprit, who handled transfer reversals, allegedly abused his position by diverting funds into a commercial bank account owned by his wife. Over two years, he funneled money through 1,190 accounts, splurging some of it on cryptocurrency.

    This gross misappropriation only came to light when a persistent customer refused to let go of an unresolved reversal. As we speak, the culprit and his accomplice have reportedly vanished, leaving a trail of financial ruin in their wake.

    The irony here is richer than a croissant at a French patisserie. The affected bank, zzwhich prides itself as a legacy institution, and the bedrock of Nigerian banking, failed to notice a colossal fraud happening right under its nose. For a bank whose executives routinely trained at Ivy League institutions at home and abroad, their failure to detect and prevent such a massive fraud borders on criminal negligence and incompetence.

    The N40 billion theft is not an isolated incident but a symptom of a larger malaise. It’s a stark reminder that banks have become the antithesis of the trust they are supposed to embody. If a supposedly conservative and ethical institution like the bank can be compromised so thoroughly, what hope is there for the rest?

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    This scandal underscores the harsh reality that entrusting your money to a Nigerian bank today is akin to handing it over to a well-dressed bandit.

    The rot is systemic, and the consequences are dire, particularly for the poor and the struggling middle class. These are the individuals who form the bulk of the banks’ clientele and are the most vulnerable to such financial atrocities. They are the ones whose hard-earned savings are siphoned off to feed the insatiable greed of those who are supposed to safeguard their financial future. The audacity of this crime, committed in the heart of the bank’s operations in Lagos, reveals an organisational failure of epic proportions.

    Moreover, Nigerian banks have perfected the art of robbing poor and struggling depositors to feed the vanities of rich billionaire cronies of bank directors. For individuals and Micro, Small, and Medium Enterprises (MSMEs), getting a bank loan is akin to scaling Mount Everest without oxygen. The process is torturous, the requirements draconian, and the likelihood of approval dismally low.

    Yet, dubious characters with the right connections are plied with unearned and unjustifiable access to outrageous loans. These loans, often running into billions of naira, are the product of underhand dealings and sharp practices between the loan recipients and their cronies in the bank’s boardroom who pocket kickbacks.

    Insiders within the banking sector have revealed a sordid picture: whenever billions of naira are given out as loans, it is almost always a result of shady deals. These loans are rarely repaid and are often written off as bad debts, further enriching the billionaire cronies at the expense of the public. The banks hardly care because when they are on the brink of bankruptcy, they are often bailed out by government facilities. The Nigerian Deposit Insurance Commission (NDIC) steps in to repay depositors’ funds, effectively socialising the losses while the profits remain privatised.

    It’s not just the reported N40 billion; one shudders to think of the amount that has been stolen quietly, without a trace. This incident raises uncomfortable questions about the integrity of the entire Nigerian banking system. How many more crooks are lurking in the shadows, exploiting loopholes and circumventing oversight to line their pockets at the expense of the unsuspecting public?

    This crisis further establishes that banking should never be left solely in the hands of bankers, who have repeatedly proven to be nothing more than glorified cheats. Finance, as we have seen, is too important to be left to the financiers. We need a system of checks and balances that includes robust external oversight, transparency, and accountability.

    Reflecting on this, I recall a conversation with a colleague who works in a commercial bank. During one of his grandstanding episodes on media practice, he argued that journalism should never be left to journalists. Instead, he suggested that accountants or administrative gurus should run media houses. This curious character, in his fit of professional elitism, failed to see the irony in his argument. Here he was, a banker, suggesting that journalists cannot manage their own affairs, while his own industry was in the throes of a massive scandal that had yet again highlighted their incompetence and corruption.

    This duplicity is astounding. Bankers, who are supposedly the custodians of our financial security, have no moral high ground to question the competence of other professions. Their inability to run their own operations ethically and efficiently, disqualifies them from casting aspersions on others. The sheer scale of the N40 billion fraud, happening at the heart of one of Nigeria’s oldest and most reputed banks, is a stark reminder of the profound structural issues that plague the industry.

    The bank’s management has exhibited financial recklessness and a lack of fiscal intelligence, much like several other banks’ executive boards. Therefore, urgent attention from the CBN and EFCC is needed to monitor activities in local banks’ boardrooms. They should implement a rigorous vetting process for prospective bank directors, including a mandatory six-month boot camp focused on fiscal responsibility, corporate governance, and ethical behaviour. Licenses should be issued to successful graduates to ensure accountability and should be revocable at their misconduct.

    Despite their supposed intelligence, bankers have caused the bankruptcy of about 52 Nigerian banks while benefiting from government interventions. Such criminal behaviour can no longer be condoned.

    Having an Ivy League education or impressive credentials is no excuse for defrauding depositors and the nation.

    Nigerian banks have a lot of house cleaning to do. The time has come for a revolution in the way we think about banking and financial management.

    The protection of the public’s hard-earned money cannot be left to institutions that have shown time and again that they cannot be trusted. In the final analysis, keeping money in a Nigerian bank today feels less like a prudent financial decision and more like entrusting your livelihood to a cunning bandit.

  • Zamfara blues

    Zamfara blues

    Zamfara is the home state of Defence Minister of State Bello Matawalle, but it is as well among states most embattled by banditry in the Northwest of Nigeria. Incumbent Governor Dauda Lawal described Zamfara as the country’s  hub of banditry and alleged that the state wasn’t getting much help from Matawalle’s ministerial office. But if the menace is contained in the state, more than 90 percent of the insecurity challenge in the entire North would have been solved, he added.

    Lawal cited lack of political will as reason why banditry persists. According to him, there is seeming indisposition on the part of security organs under the Federal Government’s control to frontally confront the challenge. Speaking recently on a Channels Television programme, the Zamfara governor alleged politicisation of an existential threat, saying security operatives were never there when needed. “Even when they are there, they are given certain instructions on what to do and not what to do.” He ascribed the formation of Community Protection Guards by his administration to tardy action by federal security agencies: “We, as governors, don’t have control over the military, we don’t have control over the police as well as the civil defence. In most cases, we get frustrated. When you need these people, they are nowhere to be found and the best thing to do is to set up that kind of security outfit.” Among other claims, he alleged that absence of political will was frustrating efforts to speedily end the banditry menace, saying: “In two weeks, we can take care of the situation but the political will is not there. We know who they (bandits) are. We know we they live. It’s just that there is no political will.”

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    There were no specific identifications by Lawal as to who to blame for the alleged tardy response by conventional security agencies to the menace of banditry, but here’s the catch: whereas the Zamfara governor is of the Peoples Democratic Party (PDP), his predecessor and current Defence minister of state, Matawalle, is of the All Progressives Congress (APC). Asked what impact the minister has made in containing the crisis, the governor said: “It is always interesting when this Minister of Defence thing comes up. Yeah, he is Minister of State, Defence, but of what benefit to us? Just about few weeks ago, bandits went to his hometown, killed many people, what has he done about it? Yes, we have Minister of Defence but of what benefit to Zamfara State?”

    Matawalle hasn’t been reported responding to the claims by Lawal. But it is the height of leadership irresponsibility to politicise the insecurity challenge, and their excellencies must know that they owe it a duty to Zamfara and, indeed, the entire country to eschew all differences and concertedly confront the banditry menace.

  • Workshop on food safety holds

    Workshop on food safety holds

    To mark World Food Safety Week, Federal Ministry of Health and Social Welfare, with London Professional Training Centre in Lagos, has hosted International World Food Safety Workshop: “Prepare for the Unexpected.”

     The workshop  drew 100 in-person attendees and 500 virtual participants from states.

     The event is to raise awareness about importance of food safety and equip food handlers with knowledge and skills to tackle unexpected challenges in food industry. Convener, Malvis Humphrey, said the event focused on best practices, trends, and novel solutions.

     It provided a platform for experts, policymakers, and industry professionals to engage in discussions and share knowledge.

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     The workshop  began with a market sensitisation in Lagos and included school sensitisation in two Lagos schools, targeting junior and senior secondary pupils.

    Key highlights included interactive discussions,  presentations, case studies, and hands-on demonstrations.

     Participants learnt from experts, and network with peers, enhancing their understanding of food safety practices and protocols.

    Speakers, including representatives from the ministry and international organisations dedicated to promoting food safety and public health, delivered keynote addresses.

     The sessions noted importance of robust food safety measures and collaborations in ensuring public health.

    Free food handlers’ tests were provided to attendees by a sponsored partner organisation, reinforcing the workshop’s commitment to improving food safety standards.

  • Foundations fulfil mission to empower residents, students

    Foundations fulfil mission to empower residents, students

    Mercy Igbe-Arase Foundation and Solomon Ehigiator Arase Foundation (SEAF) are poised to award scholarships to 100 students and provide succour to residents in Edo State.

     Besides, 32 students will receive cheques at the foundation’s headquarters at Sakpoba Road, Benin, tomorrow to  mark Dr. Solomon Arase’s birthday.

     Mercy Igbe-Arase Foundation caters  for students from Owan West and Owan East local  governments. 

     The foundation supports indigenes of the seven local governments in Edo South and children of late policement.

     It said in a statement: “Since inception, Mercy Igbe-Arase Foundation has given scholarships to indigent students, community projects, and collaborations to promote human rights and social justice.

     “These efforts have impacted lives, fostering a brighter future for individuals and communities through providing access to education, promoting community development, and championing human rights.

    “Similarly, Solomon Ehigiator Arase Foundation, incorporated in 2022 by the 18th Inspector-General of Police, Dr. Solomon Arase, has empowered individuals and fostered community development, an initiative inspiring and making impact on many lives.”

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     At its maiden annual lecture series, the foundation presented cheques to the first batch of scholarship recipients.

     It also donated security items to local governments South Senatorial District.

     Items donated included 50 motorcycles with helmets, branded Toyota Sienna van, 1,400 branded shirts and fez caps, 1,400 whistles, 200 raincoats, and 10 torches, to enhance security and community development. In its second year, the foundation expanded its reach by catering to students of Edo South and children of the late Inspector and policemen, who died in service.

     The foundation marked this with two events: a thanksgiving service in Benin to express gratitude for the foundation’s progress, and second annual lecture series: “Benefits of Alternative Dispute Resolution (ADR) in Civil and Criminal Cases by Law Enforcement Agencies in Nigeria.”

     The lecture explored the advantages of ADR in promoting conflict resolution and enhancing the criminal justice system.

     The event witnessed presentation of cheques to second beneficiaries of SEAF scholarship schemes. In its third year, the foundation hosted beneficiaries to a private lunch and cheque presentation, focusing on scholars and their achievements.

     To date, 100 students have registered under the two foundations, with 38 having completed their mandatory service year, while 62 are in universities and polytechnics.

     They share a mission to support undergraduate studies by recognising people potential.

    Mercy Igbe-Arase Foundation was set up in memory of the late Madam Mercy Igbe-Arase, a teacher, by her son, Dr Arase, with friends and family, to continue her legacy.

  • Awards recognise Africa’s progress often ignored globally

    Awards recognise Africa’s progress often ignored globally

    The 2024 Africa Illustrious Awards will hold tomorrow at Lagos Oriental Hotel, Lagos State.

    In its fifth year, the award honours African contributors to the continent’s progress.

    There will be recognition for Africans in tech invention and innovation, entrepreneurs changing the face of business and investment in Africa. There will also be awards for community service, public administration, political governance, corporate governance, youth leadership, others.

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    According to the conveners, not much attention is paid to efforts toward building  a functional African society. “But maladministration and other lapses in Africa are echoed with such intensity that often suggests a lack of progress. Therefore, the award showcases the other side of Africa not recognised by the world.”

    It is expected the event will continue to highlight need for a sustained progress and prosperity through shared vision, hard work, and tenacity in Africa.

    The event will attract leaders of industries, political leaders, tech innovators, inventors, youth leaders, community leaders, administrators, and other trailblazers in Africa.

  • Fed Govt reaffirms commitment to implement biological weapons convention

    Fed Govt reaffirms commitment to implement biological weapons convention

    Fed Govt reaffirms commitment to implement biological weapons convention

    The Federal Government has reaffirmed its commitment to implementing the Biological Weapons Convention, which prohibits the development, production, acquisition, and retention of biological weapons.

    Secretary to the Government of the Federation (SGF) George Akume spoke at a stakeholders’ forum on implementation of the Biological Weapons Convention in Nigeria, organised by the National Authority on Chemical and Biological Weapons Conventions (NAC&BWC) and the United Nations Office for Disarmament Affairs (UNODA).

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    A statement yesterday by the Director of Information and Public Relations in the Office of the Secretary to the Government of the Federation (OSGF), Segun Imohiosen, said the commitment is in line with international efforts to prevent the proliferation of weapons of mass destruction.

    The government has established an Inter-Ministerial Council (IMC) comprising 42 members from various ministries, departments, agencies, private sectors, and academia, to provide policy guidance and direction on issues related to the Biological Weapon Convention implementation.

    The statement reads: “The Federal Government has re-affirmed its commitment to implement the tenets of the Biological Weapons Convention by not developing, producing, acquiring or retaining biological weapons in line with the international community’s efforts to address the proliferation of Weapons of Mass Destruction.