Category: Special Report

  • Unemployment…Creative sector to the rescue

    Unemployment…Creative sector to the rescue

    With over 60 per cent of Nigeria’s population under the age of 35 and youth unemployment a challenge, the creative industry is capable of creating meaningful and rewarding jobs for them. However, this will not be achieved if the major source of revenue for the sector, which is advertising, is performing far below par, Assistant Editor (Arts) OZOLUA UHAKHEME reports.

    Worried by the Nigerian media advertising industry below average performance relative to the country’s Gross Domestic Products (GDP), the Federal Government has resolved to establish a Task Team of industry experts to work on three objectives to redress this development, according to Information and Culture Minister Alhaji Lai Mohammed.

    Members of the Task Team are Alhaji Garba Bello Kankarofi, Mr. Obi Asika, Hajia Sa’aa Ibrahim, Mr. Mahmoud Ali Balogun, Mrs Pauline Ehusani, Mr. Joe Mutah and a representative of Association of Advertising Agencies of Nigeria. The Task Team will be inaugurated at a date to be announced.

    According to the minister, the team is expected to identify best practice audience measurement system that will support the sustainable growth of the Nigerian creative industry, recommend a framework for supporting the sustainability of the audience measurement system, independent of the Federal Government and recommend a payment and disbursement framework among the key stakeholders in the industry.

    The minister, who spoke at an interactive session with members of the Association of Advertising Agencies of Nigeria (AAAN), in Lagos, said bringing the Nigerian TV advertisement market up to par could result in additional $400 million of revenue to the industry, based on current comparisons with other African countries. This, he said, is our next task and ‘we invite all well-meaning practitioners of this industry to join hands with us to achieve this.’

    He stressed that there is a need for an objective and scientific audience measurement system that articulates the value of the content to consumers as well as the value of the audience to advertisers, particularly in the television sector but also in the outdoor segment.

    He identified lack of authentic and real data as a great challenge to the advertising industry, noting that the Nigerian media advertising total industry volume has historically performed below the global average benchmark relative to the country’s GDP, when compared with leading global and African markets (despite Nigeria’s position as a leading African economy).

    “In 2018, Price Water House reports that Nigeria’s total advertising revenue performed very poorly (0.12 per cent), when compared with South Africa (0.83 per cent), Kenya (0.35 per cent), Ghana (0.29 per cent) and even Tanzania (0.18 per cent). This is attributable directly to a lack of measurement and currency of trading, a most basic requirement in all developed markets for the success of the production industry,” he added.

    He stated that the current value of the Nigeria television advertising market is estimated at $200 million, despite a population of about 200 million, which translates to $1 per  person adding that in Ghana, its $3 per person, in South Africa, its $18 per person and in Kenya $7 per person.  He reasoned that if Nigeria reaches Ghana’s level of spend, this would triple the size of the TV advertising market to $600 million per annum, which is an extra $400 million per annum. And 90 percent or more of this increase would go directly to the businesses and the talents creating the content.

    “This challenge has resulted in under-investment in the sector, which is necessary to foster the growth of the industry. The advertising community continues to rely on subjective factors when making decisions on the content they want, as opposed to how many viewers the content truly attracts.

    “As a consequence, television platforms are subjected to renting out space on their channels to sustain their businesses, while content producers have become increasingly over-reliant on sponsorship, which unfortunately skews the authenticity of their creative output in favor of a few decision makers, instead of the millions of TV viewers.

    The existing model will never enable the Nigeria’s Creative Industry to reach its full potential. It stunts the quality of the content that can be created and also limits the capacity of television platforms to invest in dynamic offerings that consumers will be attracted to.

    “Also, the value of Nigeria’s Broadcasting Advertising Market is not proportionate to the country’s population, when compared to the top 3 markets in the Sub-Saharan Africa region. Despite having a population more than three times that of South Africa, Nigeria’s Television Advertising Revenue in 2016, US$309 million, was 76percent behind that of South Africa (US$1,301 million).  By the end of 2020, the gap between South Africa and Nigeria is projected to marginally decline to 72 percent,” he said.

    Mohammed also observed that similarly in the radio sector, the value of Nigeria’s 2016 advertising revenue of US$81 million was 75 percent behind its peers, South Africa and Kenya, both at $343 million.

    In both countries, he said the value and growth rate of the broadcasting advertising revenue is largely influenced by the availability of a scientific audience measurement system that provides confidence to advertisers in measuring their return-on-investment.

    For the minister, it is thus imperative that ‘we urgently put in place an industry framework that will ensure that content producers receive their just due for the value of the content they create, as well as provide objective guarantees to the advertising community on their return-on-investment on media placements. This will then have the overall effect of guaranteeing greater spend by the advertisers, who are all seeking to grow their market share.’

    This industry framework, he added, can only happen if the Ministry of Information and Culture acts as a catalyst for putting in place a robust audience measurement system that is in line with global standards and supports the realisation of the immense potential that the Nigerian creative industry.

    Continuing, he said: “The Federal Government has already taken a critical long-term decision to support the Nigeria Creative Industry by ensuring and funding the inclusion of a middleware that is capable of scientific Audience Measurement on FREETV DTT Set-Top Boxes.

    Currently, government is expected to subsidise signal distribution because the Channels cannot pay for the carriage of their channels by the licensed signal distributors, who on their part have invested in equipment and technology for Digital transmission. Things cannot continue like this and the economics of the Channel owners has to change. Government cannot fund television forever. We must create a sustainable ecosystem.”

    AAAN Board of Trustee chairman Sir Steve Omojiafor, who led the members to the interaction, commended the minister for honouring the association’s invitation after many ‘futile’ attempts to reach him. In his remark, Vice President of the association, Mr. Steve Babaeko sought the minister’s intervention in reconstituting the APCON council, the absence he described as an airport without a control tower.

    “The legal arm with which we can make sure that all the laws enacted to bring APCON to be and the laws that can guide advertising to play its role in national development, without the APCON Council, we are hamstrung. We can simply not function. We definitely need you to helpin this regard,” he said.

    On the seeming gap between the ministry and the advertising industry, Babaeko wished for a better, closer and improved relationship. He noted that as professionals they really want to serve. He also used the opportunity of the session, which the minister described as ‘family meeting’ to seek the minister’s consent to be at the association’s annual general meeting holding later this year in Abuja.

  • COVID-19: Enugu awaits result of suspected victim

    COVID-19: Enugu awaits result of suspected victim

    With Cafes, shops and restaurants shut across France and Spain, Coronavirus (COVID-19) is still shocking the world, including Nigeria, write Adeyinka Aderibigbe, Kofoworola Belo-Osagie, Chris Oji, Ogochukwu Anioke, Duku JOEL, Chris Njoku.

    • Trump tests negative
    • Schools remain open, says Fed Govt

    While schools in Europe and the United States have been shut to avoid the spread of the Coronavirus, the Federal Ministry of Education (FME) says schools in Nigeria will remain open as the virus is being contained in the country.

    In response to a message by The Nation on whether the Federal Government plans to close schools to mitigate possible spread of the virus, the Permanent Secretary, Federal Ministry of Education, Sonnie Ochono, noted that the situation was being monitored.

    “We are monitoring the situation closely. Students are being taught to wash hands regularly, avoid triggers and touching etc.” The index case has recovered and is now negative. The second case proved negative,” he wrote.

    However, the Covid-19 Guidance Control for Nigeria Centre for Disease Control (NCDC) released March 5, 2020, noted that closure of schools is not necessary for now.

    Nevertheless, the document advised schools to provide water and soap and enlighten teachers and learners to practice good hygiene.

    The document states: “The most important advice is for all schools to encourage their students to maintain good hand and respiratory hygiene to remain safe.

    School proprietors, headmasters, and head mistresses must ensure that students have access to clean water and soap at all times while on the school premises.

    The best way for schools to avoid COVID-19 infection is to; ensure students and teachers wash their hands frequently; show students how to cough or sneeze into a tissue, or to cough into their elbow if they cannot get tissue; clean and disinfect their premises often; encourage sick students and teachers to stay home.

    On its part, the Lagos State Ministry of Education has produced video and audio clips to spread awareness about preventing spread of the virus among school communities.

    The video features the Education Commissioner, Mrs. Folasade Adefisayo admonishing high school pupils to wash their hands regularly while demonstrating how it should be done.

    The novel coronavirus has infected more than 125,000 people and killed over 4,600 globally, according to the World Health Organisation (WHO) forcing the agency to declare the outbreak a pandemic.

    As the world continues to grapple with the reality of the Coronavirus (COVID-19) pandemic, Enugu State on Sunday, joined the list of states in Nigeria with the confirmation of a suspected case, who have been confined in a health facility.

    This is even as the two cases so far recorded in Nigeria are said to be recovering and may soon be discharged.

    Permanent Secretary of the state Ministry of Health, Dr. Ifeanyi Agujiobi, who disclosed this in a statement issued on behalf of the state Commissioner said the Nigeria Centre for Disease Control (NCDC) has been contacted on the development.

    “Sample has been collected and sent for investigations. We await the result. The suspect is being monitored,” he said.

    Meanwhile, the Nigerian Centre for Disease Control (NCDC) has confirmed the suspected case of Coronavirus in Enugu State.

    NCDC in a tweet early Sunday morning on its verified Twitter handle said the patient has been taken into isolation pending the result of test.

    It said the result of the test is expected to be out on Monday.

    The statement said: “The Nigeria Centre for Disease Control is aware of the patient in Enugu, suspected to have COVID19′

    “This is one of several alerts received daily at the National COVID19 Emergency Operations Centre.

    “The patient is in isolation, sample collected and results expected tomorrow”, the NSCDC said.

    UNILORIN orders medical examination

    The University of Ilorin (Unilorin) has instructed its returning international students to go for medical examination.

    Prof. Felicia Olasheinde-Williams, the Director, Centre for International Education (CIE), gave the directive in a letter addressed to the international students.

    The letter, issued on Sunday, stated that the directive was necessary to prevent the spread of Coronavirus on campus.

    Olasheinde-Williams said all returning international students must proceed to the University Clinic for medical examination, so as to deter the spread of the virus within and outside campus.

    She said: “Note that this medical test is an important requirement for maintaining your studentship with the University.

    Yobe case tested negative

    A suspected COVID 19 infected person in Damaturu, Yobe State capital has tested negative.

    The Commissioner for Health, Yobe State, Dr. Mohammed Lawan Gana who disclosed this at a press briefing in Damaturu said the Male Patient, 57 year-old, said the patient came all the way from California, United States of America 17 days earlier.

    Dr. Gana noted that his specimen of the suspected case were taken to Abuja, but both preliminary and subsequent results were negative hence allaying the fears of the virus in Damaturu.

    According to him, the patent has been since discharge as he was certified to have tested negative.

    NEMA warns against used textiles

    National Emergency Management Agency (NEMA) has warned

    Nigerians to stop patronising imported fairly used textiles to ensure Coronavirus is adequately checkmated in Nigeria.

    This is even as the agency has called for inclusion of Disaster management as part of academic course in universities and polytechnic curriculum.

    NEMA head of Imo/Abia operations, Evans Ugoh, said it would be very dangerous for Nigerians to be patronising imported fairly used textile, adding that continuous patronage on fairly used cloths was a direct invitation of the virus to Nigeria.

    He urged FG to place serious sanction on importation of fairly used textiles in other to discourage smugglers.

    Spain, France impose tight controls

    Cafes, shops and restaurants shut down across France and Spain on Sunday and travellers faced chaos at some US airports as measures intensified to restrict the coronavirus pandemic, which has sickened more than 150,000 people and killed almost 6,000.

    While France ordered the closure of all non-essential businesses, Spain went a step further and banned people from leaving home except to go to work, get medical care or buy food.

    The two countries are among the worst-hit in Europe although Italy, which imposed Europe’s most draconian lockdown on its 60 million citizens last week, still dominates in terms of infections from COVID-19.

    The disease has now hit all global regions, ripping up sporting and cultural calendars, causing panic in stock markets and companies – particularly airlines – and prompting a wide range of often contradictory responses from governments.

    The United States imposed a travel ban on countries in Europe’s Schengen free-movement area last week and announced an extension to cover Britain and Ireland from midnight on Monday.

    China, where the disease originated, is now imposing its own crackdown on international travellers – all will be put into quarantine on arrival – after linking most of its new infections to those coming from overseas.

    As the global spread of the disease widened, the plight of existing hotpots intensified.

    Iran announced 113 new deaths on Sunday taking its total to 724, the world’s third-worst outbreak after Italy and China, and officials urged people to heed the advice to avoid public gatherings.

    US travel spat

    The US travel restrictions threw airports into disarray with passengers taking to social media to complain of massive queues as staff battled with new entry rules and stipulations on screening for the virus.

    The restrictions threw airports across the country into disarray, with incoming travellers forced to wait hours for medical screenings before passing through customs.

    Coronavirus confuses govts in Europe

    Britain, which had avoided crackdowns and instead tried to manage the spread and create “herd immunity,” cancelled local elections and hinted that it would follow most other affected European nations and ban mass gatherings.

    On the other hand, France allowed municipal elections to go ahead on Sunday even as officials imposed a drastic nationwide shutdown on all non-essential businesses providing and promised to progressively restrict long-distance travel.

    The risk from voting for the elderly was no greater “than going shopping”, insisted Jean-Francois Delfraissy, chairman of France’s coronavirus science council.

    Several countries have announced bans on foreigners entering their countries.

    Austria banned gatherings of more than five people on Sunday, telling its citizens to restrict movement unless absolutely necessary.

    Norway announced it would shut ports and airports with international connections on Saturday before retreating a day later and saying although foreigners would be turned away the facilities would remain open.

    The isolated turn to music

    The spread of the virus has spooked even those countries without significant outbreaks – both Australia and New Zealand saying that anyone arriving from overseas must self-isolate for two weeks.

    “We are going to have to get used to some changes in the way we live our lives,” said Prime Minister Scott Morrison.

    Kazakhstan declared a state of emergency on Sunday despite having just eight confirmed infections.

    In Africa, which has been spared the worst of the disease, half a dozen countries announced new infections over the weekend.

    The announcements sparking restrictions on gatherings in Rwanda, panic-buying in the Seychelles and furious recriminations in Zimbabwe – a country yet to register a single case.

    “Coronavirus is the work of god punishing countries who imposed sanctions on us,” said Zimbabwe’s defence minister Oppah Muchinguri on Saturday.

    Latin America has also recorded only small clusters of infections, though Colombia was prompted to shut its border with Venezuela over a rise in cases there.

    Chile has also taken some protective measures – quarantining more than 1,300 people aboard two cruise ships after an elderly Briton aboard one of them tested positive for the coronavirus.

    However, the cancelled events, closed schools and restrictions on movements have driven people to great lengths to avoid isolation and disappointment.

    Trump tests negative

    United States (U.S.) President, Donald Trump, has tested negative for coronavirus (COVID-19), according to his physician, Sean Conley.

    “Last night after an in-depth discussion with the President regarding COVID-19 testing, he elected to proceed.

    “This evening I received confirmation that the test is negative,” Conley said in a statement.

    “One week after having dinner with the Brazilian delegation in Mar-a-Lago, the president remains symptom-free.

    “I have been in daily contact with the CDC (Centers for Disease Control and Prevention) and White House Coronavirus Task Force.

    “We are encouraging the implementation of all their best practices for exposure reduction and transmission mitigation,” he added.

    Trump said at a news conference that he had taken the test.

    He had initially spurned advice to take the test after he was seen in a photo standing next to the Brazilian official, Fabio Wajngarten, who later tested positive for the virus.

    According to reports, Wajngarten, a media aide to President Jair Bolsonaro of Brazil, was among officials who visited Trump at his private club in Florida last week.

    No fewer than 2,443 people have been infected and 50 others dead in 49 states of the U.S., including the capital, Washington, D.C.

  • Coronavirus: A pandemic threatening social order

    Coronavirus: A pandemic threatening social order

    Despite efforts to manage the coronavirus pandemic, it still constitutes a huge threat to public health and economy in many countries, reports Associate Editor ADEKUNLE YUSUF

     

    SINCE Nigeria recorded its first confirmed case of coronavirus last month, political and health authorities have continued to work round the clock to prevent a mass outbreak, which can overwhelm the country’s already fragile health infrastructure. The novel virus sneaked into Nigeria’s shores when an Italian man visited Lafarge Cement Company as a consultant, testing positive to coronavirus and became the country’s index case.

    Announcing the bad news on February 27, the Lagos State Commissioner for Health, Prof Akin Abayomi, confirmed that COVID-19 has entered the country. The announcement made Nigeria the third African country to record a COVID-19 case. The Italian, who entered Nigeria on February 25 from Italy for a brief business visit and fell ill afterwards, was subsequently transferred to the Lagos State Biosecurity facility for isolation and testing on February 26.

    Since the COVID-19 case was confirmed last month, Governor Babajide Sanwo-Olu has consistently allayed fears of residents over the spread of the virus, saying Lagosians have no reason to panic. The federal health authorities have also consistently assured that adequate measures are in place to tackle the situation.

    “We are going to stop the opportunity for the virus to enter our community. That is what the government is doing,” Abayomi has consistently said in his daily briefings to update the public on the state of affairs concerning the management of the index case. “The coronavirus that is ravaging the world today is not a death sentence as long as detected cases are reported early, the patient isolated and the contacts traced and quarantined until tests are carried out to determine their status. The WHO has also indicated that some individuals who had been infected with coronaviruas only suffered mild illness and recovered while the infection was severe in other persons,” he said.

    Nigeria has since recorded a second coronavirus case, a Nigerian. Yesterday, the Minister of Health, Dr. Osagie Ehanire, said the Italian would be discharged soon. He disclosed this in Abuja during a conference with the diplomatic community about measures taken by the Federal Government to tackle the spread of Covid-19 in Nigeria.

    Ehanire stressed that there were only two confirmed cases in Nigeria. This, according to him, included the index case and the second who was a primary contact of the index case.

    While Nigeria is lucky not to have suffered a massive outbreak of the virus, many countries are still reeling under the pangs of the pandemic, throwing their health infrastructure into turmoil. The 2019 novel coronavirus (2019-nCoV), named as Covid-19 by the WHO, has spread to 113 more countries apart from China.

    This prompted the WHO to declare the disease a global pandemic. As at the time of filing this report, confirmed novel coronavirus cases are more than 130,000, while more than 4,700 deaths have been reported across the world, with more than one-third of the Covid-19 cases outside China where the disease started last December. No fewer than 68,891 people have recovered from the virus across the globe.

    In Africa, authorities implement measures to contain the spread of the virus, especially on the continent. Almost all African governments have publicly put in place strict screening at points of entry especially airports. Cases of coronavirus have been confirmed in Algeria, Tunisia, Morocco, Egypt, Senegal and Nigeria. African airlines have cancelled scheduled flights to China except for Ethiopian Airlines. The Algerian President Abdelmadjid Tebboune ordered schools and universities to close until April 5 to slow the spread of the coronavirus. This came as a response to the country’s first registered death from the disease. Algeria has confirmed 24 cases of coronavirus, mostly among members of a single family in the city of Blida, south of the capital.

    The government has already ordered a range of measures to prevent the spread of coronavirus, including a ban on spectators at football games and the suspension of all cultural, social and political gatherings. The authorities have not clarified, however, whether the ban extends to weekly mass protests that have convulsed Algeria for more than a year, thrusting its long-established political class into crisis. Political turmoil and economic troubles also threaten hydrocarbon producer Algeria as it wrestles with the coronavirus. A crash in global oil prices has compounded years of declining energy revenues that have drained half of Algeria’s state currency reserves.

    Uganda, earlier this week, returned some travellers who refused to be quarantined upon arrival in the country. In Senegal, the infectious diseases outfit, Institute Pasteur de Dakar, is set to roll out a coronavirus testing kit. Its head, Dr Amaduo Sall, said the infrastructure to build the kits will be ready in two weeks’ time. The kit, when released, will be a game changer in diagnosing persons with the deadly disease. Senegal currently has seven confirmed cases of the coronavirus.

    Authorities in South Africa have recorded four new cases, bringing the total tally as at March 12 to 17. The new cases span various provinces: Free State, Kwa Zulu Natal, Guateng and Mpumalanga. In the case of the Free State patient, the disease control outfit said a 32-year-old male, who came into contact with a Chinese businessman, was the first case of local transmission as all others have been by patients who had travelled abroad. Meanwhile, a government evacuation of citizens from Wuhan is underway with the special evacuation team heading back to South Africa with 122 people who voluntarily opted to.

    In Ghana, $100 million fund was announced by the government to combat the coronavirus outbreak. Ghana is surrounded by neighbours all of whom have recorded cases. Togo was the first to record a case last week while Burkina Faso earlier this week recorded two. Ivory Coast also recorded a case in the capital Abidjan. Togo is Ghana’s eastern neighbour, Burkina Faso is to the north and Ivory Coast to the West. To the south, the country is bordered by the Gulf of Guinea. Ivory Coast has recorded its index case of coronavirus, making the country the fifth in the region to record a case after Nigeria, Senegal, Togo and Burkina Faso. Elsewhere on the continent, Cameroon, DR Congo and South Africa have recorded cases. Back in January, Ivory Coast was the first country to record a suspected case, which turned out negative. The country, like many others, received testing capacity from WHO.

    Ugandan authorities have announced new measures as part of processes to keep out the coronavirus. Travelers arriving in Uganda will soon be sprayed with a disinfectant – head to toe. All travellers arriving from 16 high-risk countries will be quarantined for 14 days – a measure the aimed at preventing the importation of the virus. With this measure, Uganda has joined DRC on the list of countries enforcing quarantine for certain category of travellers. Eritrea has also announced that similar measures.

    Coronavirus case numbers in Malaysia and Singapore remain by a distance the highest in south-east Asia, at 149 and 178, respectively, as of Wednesday. On Thursday, Malaysia’s Health Ministry urged the postponement of all mass gatherings after it emerged that an estimated 5,000-10,000 people met at an Islamic ceremony in Kuala Lumpur in late February that was also attended by a Bruneian who subsequently tested positive for the virus. Thailand has reported 70 cases of the new coronavirus infection. Of the 70 cases, 35 people have been already discharged while 34 others are receiving treatment in hospital, according to information provided by the Public Health Ministry on Thursday.

    United States President Donald Trump has since suspended all travels from Europe over fears of escalation of the disease. On Wednesday, he blamed the European Union for his decision to suspend all travels from Europe to the US over the Coronavirus pandemic. In a televised address at the White House, Trump alleged that the EU failed to take necessary steps to prevent the virus from entering its territory. As a result, he said, a large number of new cases in the US were by travellers from Europe. He said the new rules, aimed at keeping new cases from entering the country, would last for 30 days with effect from Friday. However, he said the restrictions would not apply to the United Kingdom, which had 460 confirmed cases of the virus. No fewer than 1,135 confirmed cases of the virus and 38 deaths in the U.S. as of Wednesday.

    “At the very start of the outbreak, we instituted sweeping travel restrictions on China and put in place the first federally mandated quarantine in over 50 years. We declared a public health emergency and issued the highest level of travel warning on other countries as the virus spread its horrible infection. We have seen dramatic fewer cases of the virus in the United States than are now present in Europe. The European Union failed to take the same precautions and restrict travels from China and other hotspots. As a result, a large number of new clusters in the United States were ceded by travelers from Europe,” Trump said.

    He added that the travel suspension would also “apply to the tremendous amount of trade and cargo” coming into the US from Europe. The rules, he said, “will be adjusted, subject to conditions on the ground, and there will be exemptions for Americans who have undergone appropriate screenings”.

    Trump also announced plans to provide working Americans affected by the virus with financial relief to enable them to stay at home without fear of financial hardship.

    “This will be targeted for workers who are ill, quarantined, or caring for others due to coronavirus. I will be asking Congress to take legislative action to extend this relief,” he said.

    As global stock markets plummet and movement of goods and services curtailed, travel restrictions will continue to take a toll on the global economy.

  • Sanusi deposition: For whom the gates open wide

    Sanusi deposition: For whom the gates open wide

    Wole Soyinka

     

    THESE are depressing times – stemming from different factors of course – for a large sector of the nation. Insecurity, economy in a coma, a leadership in name only, having vanished into ether, permanently AWOL in a time of serial crisis. No wonder mimic and debased forms of leadership assertiveness rush in to fill the vacuum!  The latest in the stakes of such power appropriation makes one wonder which is the more reactionary order: the so-called feudal institution, or the self-vaunting modernized governance whose apex can bring the feudal to heel quite arbitrarily, without check and without seeming consequence. To rub pepper in the wound, the protagonist of that “progressive” order enjoys near-absolute immunity, thus, even when it has disgraced its status and violated its oath of office, caught literally with its pants down in open defecation, it can still pretend to act in the interest of progress, modernity and public well being.  Such are the ironies raised by the purported dethronement of the Emir of Kano, Mohammed Sanusi, with one stroke of a pen!

    I was participant, albeit on the sidelines, when a similar scenario began to unfold in my own state, Ogun some years ago. The then governor, on account of an imagined slight by one of the monarchs in his domain was actually poised – not virtually but physically – poised to sign the dethronement and banishment order on that traditional ruler. His office was invaded by some of the panicked chiefs and stalwarts of Ogun state who rushed to ward off the impending order. One of them stopped at my home after the pacification session to narrate what had transpired, and how some of them had actually gone on their knees to plead with that governor to stay action. I was furious. I knew every detail of that affair, had listened to a recording of the speech that was supposed to have given this mighty offence. It was pure piffle!

    “Why did you people plead with him? Don’t you realize you were making him feel a god? You should have let him carry on, then we would see what a cataclysm he had launched on the state!”

    The man, an independent businessman of absolute integrity, and one of that governor’s intimate circle, smiled and said, “No, we couldn’t do that. We are his friends. We were pleading with him to save him from himself.”

    What a pity Ganduje lacked friends who could have saved him from himself!  Insofar as one can acknowledge certain valued elements in traditional institutions, the man he thinks he has humiliated has demonstrated that he is one of the greatest reformers even of the feudal order. That is beyond question, a position publicly manifested in both act and pronouncements.  By contrast, Ganduje’s conduct, apart from the innate travesty of justice in this recent move, is on a par with the repudiated colonial order, one that out-feudalized feudalism itself, and is synonymous with authoritarianism of the crudest temper. The record shows, in this particular instance, that it is one that embodies modernized cronyism and alienated pomp and power – never mind the cosmetic gestures such as almajiri reformation. It has proved one of the worst examples of a system that enables even the least deserving to exercise arbitrary, unmerited authority that beggars even the despotism of the most feudalistic traditional arrangements.

    Emir Sanusi was a one-man EFCC sanitizations squad in the banking system taking on the powerful corrupters of that institution.  Unblinking, he trod on the interests of powerful beneficiaries of a worm-infested sector and, in the process, created permanent enemies. By contrast, confidence in immunity has catapulted his tormentor to the ranks of the most notorious public faces of the disorder that Sanusi strove to eradicate. Obviously, vengeance lay in wait, and he was not unaware of it. The signs were omnipresent and Sanusi acknowledged their imminence. I know this for a fact. Apart from exchanges some mutual associates – we held, not so long ago, a phone conversation during his visit to London, just after the shrinking of his domain signaled the commencement of a systematic attrition of his status.  I assured him I would shortly fulfill my long-standing promise to pay him a visit.  He sounded very much aware of the impending fall of the axe of vengefulness and power primitivism. I can testify that he remained totally unfazed.

    Most important of all, and most pertinently for the nation, Sanusi was one of the early warning voices against religious extremism whose bitter fruits the nation is currently reaping. Those who wish to understand how deeply he had anticipated and explored the potential consequences of this menace should refer to his novelette: The Adulteress’ Diary, a work that exposes and satirizes the hypocrisy of fundamentalist Islamic clericalism from the inside, that is, from the authoritative point of view of an Islamic scholar. This work did not endear him to hard core fundamentalist purveyors of social division, but even those opponents would have been wise to pay heed to his exposition, and its implicit warning.  Then perhaps even if Boko Haram still remained inevitable, the nation would have been much better prepared for its onslaught, and those of allied malignancies like ISWAP.

    Why, I am not certain, but I do have the feeling that the palace gates of the Kano emirate are not yet definitively slammed against this Islamic scholar, royal scion and seasoned economist. It is just a feeling. Closed and bared, or merely shut however, the doors of enlightened society remain wide open to Muhammad Sanusi. As for his current crowing Nemesis, a different kind of gates remain yawning to receive him when, as must, the days of governorship immunity finally come to an end. Those whom the gods would destroy, they first make mad. The list is long, there are comrades in impunity awaiting their day of reckoning. The files remain open, and the nation remains on the watch. The wheels of justice grind slowly, but sooner or later, they arrive.

     

    • Being Prof. Soyinka’s reaction to the deposition of Emir Sanusi
  • Coronavirus: Global economy on trial, impact and the Nigerian factor

    Coronavirus: Global economy on trial, impact and the Nigerian factor

    By Samuel J. Samuel

    The effect of coronavirus pandemic on global economy has continued to generate rapid trepidation among governments, corporate organizations and businesses across the world, including Nigeria. Nigeria, being an imported dependent economy, relies on China for most of its manufacturing goods. More than half of its imports such as clothes, healthcare products, construction materials and, even, household products come in from China. Sadly, a larger percentage of major projects in Nigeria also rely on foreign loans and constriction workers. This calls for a urgent action.

    The recent outbreak reveals the national economic insecurity facing Nigeria; perhaps if the global economy falls into a stop as a result of a pandemic, country like Nigeria will face untold hardship. Experts across the world have expressed fear that the rapid spread of coronavirus (code name COVID-19) could bring the global economy to a recess. The epidemic that originated in China’s Wuhan city has affected 98 countries and territories around the world and has claimed at least 3,661 (March 08, 2020) lives globally while more than 107,732 (March 08, 2020) cases have been confirmed worldwide, according to Johns Hopkins University report. The World Health Organization (WHO) has declared the new coronavirus outbreak a global health emergency.

    There is also strong evidence that it can be transmitted by people who are just mildly ill or not even showing symptoms yet. This means COVID-19 will be much harder to contain than Middle East Respiratory Syndrome or Severe Acute Respiratory Syndrome (SARS), which were only spread by those showing symptoms and were much less efficiently transmitted. The severe acute respiratory syndrome (SARS) outbreak was the first epidemic of the 21st century that posed a global threat to the international communities, spreading across some 26 countries around the world in a matter of weeks, infecting around 8,500 people with a mortality rate of around 11% (912 deaths). But COVID-19 has already caused 10 times as many cases as SARS in just a quarter of the time.

    In a 2018 Global pandemic simulation podcast, Bill Gate called for global leader to increase the level of preparedness to tackle future pandemic. He opined that the 1918 global influenza flu which infected 500million people killed between 50-100 million people in just 12 months. When rate of epidemic spread is compared side-by-side, recent outbreaks indicate indicates an urgent need for action. Experts suggested a possibility of a global pandemic which could kill 20 million people and the world should prepare for it.

    It is an indisputable fact that as far as the world is concerned of a source of supply of manufactured components and financial markets, China matters a lot to the rest of the world. Considering many of the uncertainties that surround the trajectory of the widespread, especially on global economy, experts have projected that the economic fallout of COVID-19 could cost the global economy $2.7trillion. If China’s factories, being a world’s manufacturing hub, shut down, it is undoubtedly that its ripple effect will spread across many factories in the world, leading to shortage in the supply chain of production capacity while construction machinery become harder to access.

    The world’s 10 biggest economies have begun to suffer retardation as the fight to contain the domestic spread of the COVID-19 intensifies. The U.S., the U.K., Germany, France, South Korea, Canada, Japan, Italy and Brazil are experiencing economic shock. According to reports, the global growth for 2020 slides to 1.2%. Also, in China, “automobile sales have plunged 80%, passenger traffic is down 85% from normal levels, and business surveys are touching record lows. The economy, in other words, has practically ground to a halt.” Bloomberg Economics estimates that GDP growth in the first quarter of 2020 has slowed to 1.2% year on year, which is the weakest on record.

    Since the outbreak, China economy has suffered decline in foreign trade. According to report, “China’s economy is expected to slow to 4.5% in the first quarter of 2020 down from 6% in the previous quarter. The global demand for oil has also been hit by a reduction in the demand of oil from China as the world’s biggest oil importer. OPEC is expected to cut production quota amongst its member countries as the global demand for oil is expected to fall by 435,000 barrels for Q1 2020.” The OECD cut its expectation for global growth to 2.4% from 2.9%, and warned that it could fall as low as 1.5%. Goldman Sachs expects a global contraction in the first half of the year. Recent forecasts for first-quarter GDP growth in China range from 5.8% all the way down to -0.5%, underscoring the high degree of uncertainty.

    Reports (SB, MORGEN) have it that as of April 2019, “China’s non-financial investment in Nigeria stood at $3 billion while China-Nigeria’s bilateral trade volume soared to $15.3 billion in 2011, 0.8% higher than the previous year. According to data from the Nigerian Bureau of Statistics, Nigeria’s imports from China hit ?1.9 trillion in the first half of 2019. The country almost doubled total imports from China, rising by 88% in half-year (H1) 2019. These are likely to take hits as China struggles to contain the spread of the virus. Also, following the lockdown of much of the Chinese mainland (up to 150 million Chinese nationals are under mandatory movement restrictions), production of goods and services will continue to slow, and in some cases, shut down completely, affecting exports to Nigeria.”

    “If oil demand continues to fall with no OPEC intervention in the form of production cuts, tightening supply, a country like Nigeria will be negatively impacted by the downward price trend. It only gets worse for Nigeria as oil is the biggest revenue generating sector of the economy; expected revenue to be generated from the oil sector in the 2020 budget is ?2.64 trillion, with the rest of the non-oil economy contributing a further ?5.5 trillion. Oil prices do not only affect the revenue generated from this sector but also disrupt prices in other sectors such as manufacturing and production, thereby causing inflation to go up.”

    “The virus is at least in part a supply shock—closing factories, and forcing workers to stay at home. That’s not something policy makers can do much about. Rate cuts and higher spending will help put a floor under fragile financial markets, and revive demand once the crisis is over. In the heat of the outbreak, stimulus risks stoking inflation without accelerating growth—making the problem worse, not better.”

    Also, the Coronavirus has been cited as a major factor responsible for the delays in Nigeria’s Chinese-built rail project. The 150km railway line, Lagos to Ibadan, which is being built by the state-owned China Civil Engineering Construction Corporation has suffered a major delay by the coronavirus outbreak as Chinese workers had not returned to the country.

    According to Bloomberg’s prediction, China’s exports would fall by 15.2 per cent and imports by 16.6 per cent, respectively. In total, China’s foreign trade was US$591.99 billion over the two months, down 11 per cent on last year. However, according to the recently released data by the General Administration of Customs China’s exports shrank by 17.2 per cent in January and February combined due to coronavirus’ impact. Exports fell by 17.2 per cent in January and February combined compared to the same period a year earlier. This was down from 7.9 per cent growth in December 2019. Imports dropped 4 per cent from a year earlier, down from 16.5 per cent growth in December 2019. Consequently, “China ran a trade deficit over the first two months of the year, of US$7.09 billion, compared to the surplus of US$41.45 billion over the same period in 2019.”

    According to the report by the National Bureau of Statistics (NBS), “the official manufacturing purchasing managers’ index (PMI) slowed to an all-time low of 35.7, having slipped to 50.0 in January when the full impact of coronavirus was not yet evident.” China’s non-manufacturing PMI has also dropped to a new low of 29.6 from 54.1 in January 2020.

    Also, research firm Gavekal Dragonomics “estimated that the outbreak could cost China’s migrant workers a combined 800 billion yuan (US$115 billion) in lost wages, an amount that will be impossible to recoup by working longer hours when business is back to normal. This loss, in turn, will dampen consumer spending, which Beijing is counting on to help support growth this year.”

    The increase in the quest for knowledge and competition has seen world super powers lifted bans on research on virus. For instance, recently, the United State government lifted the ban on the practice of engineering viruses to make them more deadly. Experts believe that this type of effort could help prepare for the threat of deadly viruses, but it could also increase the risk that such a disease escapes into the wild.  An engineered super virus or new pathogen that we do not know how to treat could be a far bigger threat than a deadly flu.

    As the spread of the virus continues to rise across the world, the coronavirus is not just costing lives, but also costing livelihoods. The U.S. government has approved an $8.3 billion emergency spending bill to fight the virus. In like manner, the Nigeria Federal Government has approved the sum of N620m to fight the virus. The Chinese economy has been virtually paralysed as a result of the virus. The fact remains that China makes up “about 16 per cent of the global economy. This will have a deep and profound effect on the global economy”—Tenpao Lee, a professor of economics at Niagara University.

    According to the World Bank estimation, the 2014 Ebola outbreak cost Africa billions of dollars to contain. Although Nigeria was the first country to defeat the virus, eight lives were, including Dr. Stella Amayo Adedavho, a valiant woman who sacrificed her life to curb the spread of the virus. It cost the Nigerian government $180 million to fight the virus. But the Italian index case that visited Lafarge Plc in Abeokuta has led to the quarantining of the entire facility.

    It is encouraging that the federal government of Nigeria has been responding very well, putting in place proactive measures since the outbreak of the virus in China in January 2020. It is also encouraging that both Federal Government, through the Nigeria Centre for Disease Control (NCDC) and the Lagos state government, through the Virology Laboratory of the Lagos University Teaching Hospital (LUTH), which is part of the Laboratory Network of NCDC, has continued to step up measures to curb the spread of the virus.

    Since the first index case was reported in the country on Wednesday, 26th, February 2020, through an Italian citizen who arrived Nigeria on 25th, February 2020, from Milan, Italy for a brief business trip. It was reported that the Italian was transferred to Lagos State Biosecurity Facilities for isolation and testing. It was reported that the patient was clinically stable and is being managed at the Infectious Disease Hospital in Yaba, Lagos.

    While strengthening further proactive measures, the Nigeria Centre for Disease Control (NCDC) activated the Corona Virus Preparedness Group and its incident command system for the Virus, just in case any suspected case arises. The World Health Organisation (WHO), through its officer in Nigeria, commended the Nigerian government’s efforts for its timely response to the first case of Covid-19. Dr Clement Peter, the Officer-in-Charge of WHO in Nigeria, expressed that: “It is commendable that Nigeria speedily detected the case and is addressing the matter in Lagos. We have been working with the Nigeria Centre for Disease Control (NCDC) to provide support on how to control spread. I am proud to say that NCDC is one of the best control centres in Africa and we will continue to partner with the centre to address the situation.” Nonetheless, it is expected that the government should increase its efforts in this regard, especially to be able to handle future occurrence proactively and professionally in accordance to best global practices.

    • Samuel is Principal Partner at Sensale Research Group
  • Tackling Coronavirus impact on economy

    Tackling Coronavirus impact on economy

    The Coronavirus (COVID-19) epidemic is wreaking havoc on world economies and Nigeria is not an exception. But, it has an advantage not many others enjoy. Aside the temperate climate, which makes it difficult for the virus to spread, the Central Bank of Nigeria’s (CBN’s) policies on diversification of the economy and investment in the agricultural sector are shielding the economy from the adverse impact of crude oil price fluctuation. The policies have helped in cutting Nigeria’s import bill, created more foreign exchange earnings and improved consumption of locally-produced goods, writes COLLINS NWEZE.

    The world has shown enough resistance and bravery towards risks. But when it comes to Coronavirus (COVID-19) epidemic, even the bravest of men are anxious and scared. The plaque arrived when the world was least expectant, with catastrophic damages to economies.

    For instance, the world financial markets have tumbled as concerns about supply-chain interruptions from China, oil price uncertainty among major producers rise. Only few countries are likely to be left unscathed by the outbreak’s financial ramifications.

    The United Nation’s trade and development agency predicted that apart from the tragic human consequences of the COVID-19 epidemic, the economic uncertainty it has sparked will likely cost the global economy $1 trillion in 2020.

    Although two cases of COVID-19 outbreak have been confirmed in Nigeria, and decline in crude oil prices elevated the country’s economic risks, the policies of the Central Bank of Nigeria (CBN) on economic diversification and investment in agricultural sector have helped the economy to stand  firm in the midst of daunting challenges.

    The CBN’s economic diversification policies are insulating the economy from crude oil price fluctuation risks. Already, the economy has witnessed reduced import bill, more foreign exchange earnings and consumption of locally produced goods by Nigerians to save foreign exchange. There has also been job creation from CBN’s initiatives in the agricultural sector created jobs for Nigerians.

    The CBN Governor, Godwin Emefiele, said the impact of COVID-19 on the African economy is becoming severe, especially the declining global oil price and called for massive investment in agriculture.

    Emefiele said the bank had been developing home-grown policies to surmount challenges that confronted the economy lately.

    “As I have always emphasised, it is our collective duty to ensure that the potential and prospects of the economy are optimally realised. The ongoing economic recovery requires the joint efforts and wise counsel of everyone, if we must take giant strides forward. The CBN is more determined now than ever to remain at the forefront of efforts to ensure that the rebound is not overturned,” he said.

    Speaking at a meeting with bankers in Lagos on the theme: ‘Strengthening the economic recovery process in Nigeria’ the CBN boss said with regards to over-dependence in imports, the economic recession triggered mainly by the drop in crude oil prices, only strengthened the case for moving from a nation wholly dependent on consumption, to a nation that produces a large proportion of what it needs, particularly in areas where the resources needed for production are widely available across the country. This thought process, he said, shaped decision to impose the restriction on access to forex for 43 items that can be produced in Nigeria.

    “There has been considerable discourse particularly on whether the restriction on access to foreign exchange for 43 items is driving local production, with some nay-sayers stating that it has constrained productivity and growth in the economy. Based on our internal research conducted at the Central Bank of Nigeria, there is strong support that the recovery of our economy from the recession may have been much weaker or even negative, without the implementation of the restriction on 43 items.”

    “Our research supports the conclusion that the combination of the restriction on 43 items along with other measures imposed by the fiscal and monetary authorities has helped to promote the recovery. Any attempt to reverse the course of this action may have untold consequences on the growth trajectory of our economy particularly in our push to diversify and restructure our economy. In fact, recommendations are being made to the CBN that the list of 43 items be expanded to include other additional items that can be locally produced.”

    Emefiele said many entrepreneurs were taking advantage of this policy to venture into the domestic production of the restricted items with remarkable success and great positive impact on employment. “The dramatic decline in our import bill and the increase in domestic production of these items attest to the efficacy of this policy. Noticeable declines were steadily recorded in our monthly food import bill from $665.4 million in January 2015 to $160.4 million as at October 2018; a cumulative fall of 75.9 percent and an implied savings of over $21 billion on food imports alone over that period. Most evident were the 97.3 percent cumulative reduction in monthly rice import bills, 99.6 percent in fish, 81.3 percent in milk, 63.7 per cent in sugar, and 60.5 percent in wheat,” he said.

    Deepening agricultural sector

    Speaking at the at the African Economic Research Consortium Senior Policy Seminar XXII in partnership with CBN in Abuja, on the theme:  “Agriculture and Food Policies for Better Nutrition Outcomes in Africa”,  Emefiele said the outbreak of the coronavirus had dampened consumer confidence resulting to decline in private consumption and global demand slowdown.

    He said the sad development had posed great threat to the economic gains achieved across Africa in the recent past.

    He emphasised the need for the countries on the continent to massively invest in agriculture.

    He said: “Very much like we have seen in the past, food is often one of the immediate causalities of any catastrophe on the African continent. The reason is not far-fetched, a sizeable proportion of the population is food poor.

    Emefiele said unlocking the huge potential of agriculture must therefore be at the heart of any meaningful engagement on economic and social development of the continent.

    Anchor Borrowers’ Programme

    The CBN has under Emefiele been giving priority to agriculture and that has started to yield positive results.

    The CBN established the Anchor Borrowers’ Programme, which was launched by President Muhammadu Buhari on in 2015 with the objective of creating a linkage between anchor companies involved in the processing and smallholder farmers (SHFs) of the required key agricultural commodities.

    The thrust of the ABP is the provision of inputs in kind and cash (for farm labour) to smallholder farmers with a view to boosting the production of rice, maize, poultry, sorghum, cassava, tomatoes and cotton, among others. The idea is to stabilise input supply to agro-processors and address the country’s negative balance of payments on food.

    The ABP evolved from the consultations with stakeholders comprising Federal Ministry of Agriculture & Rural Development, State Governors, millers of agricultural produce, and smallholder farmers to boost agricultural production and non-oil exports in the face of unpredictable crude oil prices and its resultant effect on the revenue profile of Nigeria.

    Aside the CBN, many stakeholders have called for diversification of the economy away from oil. President/Chairman of Council, Chartered Institute of Bankers’ of Nigeria (CIBN) Uche Olowu said, there was need to diversify the economy from crude oil earnings so as to boost foreign investors’ confidence in the economy.

    Speaking at the Economic Outlook forum in Lagos, he disclosed that as soon as the economy is diversified, the country will see higher accretion to the foreign reserves and improved confidence in the economy.

    He said opportunities in the agricultural sector should be explored to improve the country’s capacity to export agric products.

    Head of Research at Coronation Merchant Bank, Guy Czartoryski said oil price crash will be a defining risk for Nigeria’s foreign exchange market. “We began this year with the view that the Naira/US dollar exchange rate could hold for most of 2020. When the coronavirus outbreak became apparent at the end of January, we still believed that a combination of monetary stimulus in developed markets and foreign portfolio investment into Nigeria would stabilise the risk outlook,” he said in an emailed report to investors.

    Emefiele has continually urged Nigerians to support the drive by the bank and the fiscal authorities to ensure diversification away from crude oil.

    He recalled how the CBN tackled the multiple challenge of bringing down exchange rate from a high of about N525 to $1 to N360 to $1, reducing inflation and creating jobs at the height of recession, stressing that there were structural inefficiencies in the economy that the bank had to correct.

    He also listed some of the initiatives towards expanding the agricultural sector. There has been support for the textile industry, creative industry among others. In the textile industry,  the CBN facilitated the signing of two memoranda of understanding (MoU) among stakeholders in the country’s Cotton, Textiles and Garments (CTG) sector.

    The first MoU signed was between the National Cotton Association of Nigeria (NACOTAN) and Ginning Companies, to guarantee steady off-take and processing of cotton lint and cotton seeds; while the second was between the Nigerian Textile Manufacturers Association and the Armed Forces of Nigeria, Nigeria Police, Para-military institutions & National Youth Service Corps to facilitate long- term contracts with Textile and Garment companies to manufacture uniforms in Nigeria for use by various arms of Nigeria’s uniform services.

    Speaking at the epoch-making ceremony held at the Bank’s Head Office in Abuja, the CBN Governor, Emefiele, expressed gladness that stakeholders are supporting the vision to  grow and develop Nigeria’s agricultural sector and the wider economy.

    On rice milling, Emefiele, has extracted commitments from the National Rice Millers Association of Nigeria (NRMAN) and Nigeria Rice Dealers and Suppliers for the supply of rice as well as ensuring its availability to merchants to ensure supply across the country.

    The CBN has also approved a single-digit interest rate facility of N19.2 billion to nine cotton processing farms for retooling their factories and boosting production capacity.

    The industry which deteriorated over time, had the potential to create at least two million jobs if well harnessed.

    Emefiele said: We (CBN) are improving the links between cotton farmers and ginneries, by ensuring that ginneries are able to off-take the high-quality cotton produced by these farmers. The same support will be extended to the textile and garment farms. We have invested heavily in our local textile and garment factories to retool and produce assorted uniforms for our uniformed services that meet international standards, he added.

    Support for the Creative Industry

    The CBN in conjunction with the Bankers’ Committee is set to support the growth of the creative industry comprised mainly of fashion, information technology, lm and music through the Creative Industries and Financing Initiative (CI-FI) with an initial N22 billion funding.

    Emefiele, disclosed this while delivering his keynote address the Creative Nigeria Summit with the theme: Finance for Growth which held in Lagos.

    The Creative Industry Financing Initiative (CI-FI) was introduced as a Bankers’ Committee initiative to improve access to long-term, low-cost financing to entrepreneurs and investors in the Nigerian creative and information technology (IT) sub- sectors in recognition of its significance to job creation, poverty reduction and inclusive growth.

    The initiative is to be financed from the Agribusiness, Small and Medium Enterprises Investment Scheme (AGSMEIS) Fund which the Deposit Money Banks (DMBs) have set aside five per cent of their profit after tax yearly to support small and medium scale businesses.

    He noted that close to 60 per cent of the nation’s population is under the age of 35, indicating a youthful population that need to be engaged. Therefore, the CI-FI is part of the banking sector’s efforts to harness the innovative and creative energy of the youth towards enabling them to create productive ventures that would support improved wealth and job creation in Nigeria.

    Emefiele said that with the support of the Federal and Lagos State Governments, the National Theatre, Iganmu, Lagos, is expected to serve as the pilot scheme for the planned 40-acre Creative Industries Park, after which similar parks will be set up in Kano, Port-Harcourt and Enugu.

    The CI-FI is expected to improve access to long-term, low-cost financing for entrepreneurs and investors in Nigeria. This initiative is targeted at employing 300,000 youths within the next five years. The beneficiaries could get up to N500 million at an interest rate of nine per cent. The industries to bene t from this initiative include fashion, information technology (IT), movie and music production and software engineering students loan.

    The CBN had said that software engineering students could get a loan of up to N3 million, N30 million for movie production, applicants in the movie distribution business could get as much as N500 million. Loans for fashion and information technology businesses would cover rental and service fees, while loan amounts for music business would cover training fees, equipment fees and rental and service fees.

    The bank had said that the period for the repayment of the loan for software engineering students is a maximum of three years. Loans for movie production and distribution, fashion, information technology (IT) and music production could be repaid in a maximum of ten years.

    Currently, the CBN had received 38 applications from industry players who were interested in accessing the facility. The CBN had said that the Deposit Money Banks (DMB) had the mandate to disburse the funds to the qualified applicants.

    Forex restriction on milk import

    Besides, the CBN restricted importers of milk from accessing foreign exchange from official market. It limited the importation of milk and other dairy products to six firms- FrieslandCampina WAMCO Nigeria; Chi Limited; TG Arla Dairy Products Limited; Promasidor Nigeria Limited; Nestle Nigeria PLC (MSK only), and Integrated Dairies Limited.

    According to the policy guideline, all Forms ‘M’ for the importation of milk and its derivatives will only be allowed for the aforementioned companies.

    Managing Director, Financial Derivates Company Limited who is also a member of Economic Advisory Council, Bismarck Rewane, said the restriction on dairy products was to increase the domestic production of milk and other dairy products and conserve foreign exchange, thereby forcing manufacturing companies to look inwards and invest more in backward integration.

    “The foreign exchange restriction policy will reduce the demand pressure on Nigeria’s foreign exchange earnings. Nigeria spends approximately $1.2 billion to $1.5 billion annually on milk and dairy importation, 3.21 per cent to 4.01 per cent of the current external reserves level of $37.37 billion,” he said.

    Finding showed that for over 60 years, Nigerian children and indeed adults have been heavily dependent on milk imports with huge implications for national food security. It is time to change the tide and ensure the future food security of the Nigerian child and adults.

    Also, the under the CACS programme (Commercial Agriculture Credit Scheme), is supporting dairy farmers, producers and companies, with credit to enable backward integration. The bank will be partnering with State Governments to acquire farmlands of up to 200 hectares for grazing reserve purposes, rehabilitation and development.

    Analysts said that while it was difficult to predict how the international financial markets will react to COVID-19’s impacts “what they do suggest is a world that is extremely anxious. For them, there’s a degree of anxiety now that’s well beyond the health scares which are very serious and concerning.

    But Nigeria’s economic diversification diversification agenda and CBN’s commitment to the agricultural sector will continue to insulate the economy against uncertainties.

  • Monarchs and tales of deposition

    Monarchs and tales of deposition

    The traditional institution in Nigeria has come under attacks from political leadership for a long time. Deputy Editor EMMANUEL OLADESU chronicles the various cases of deposition and restriction

    Emirs of Kano

    1. Bagauda (999-1063)
    2. Warisi (1063-1095)
    3. Gajimasu (1095-1134)
    4. Nawata & Gawata (1134-1136)
    5. Yusa (1136-1194) 58 yrs
    6. Naguji (1194-1247) 53 yrs
    7. Guguwa (1247-1290), 43 yrs
    8. Shekarau I (1290-1307) 17 yrs
    9. Tsamiya (1307-1343) 36 yrs
    10. Usman Zamna Gawa (1343-1349)
    11. Yaji I (Ali) (1349-1385)
    12. Bugaiya (1385-1390)
    13. Kanajeji Dan Yaji (1390-1410)
    14. Umaru (1410-1421)
    15. Dauda I (1421-1438)
    16. Abdullahi Burja (1438-1452)
    17. Dakuta (1452- yankwanaki)
    18. Atune 1452 yankwanaki)
    19. Yakubu Dan Abdullahi (1452-1463)
    20. Muhammadu Rumfa (1463-1499)
    21. Abdullahi (1499-1509)
    22. Muhammadu kisoke (1509-1565)
    23. Yakubu (1565- yankwanaki)
    24. Dauda Abasama. 1565-yankwanaki
    25 Abubakar kado (1565-1573)
    26. Muhammadu Shashere (1573-1582)
    27. Muhammadu Zaki (1582-1618)
    28. Muhammadu Na Zaki (1618-1623)
    29. Muhammadu Alwali I
    (El-Kutunbi) (1623-1643)
    30. Alhaji Dantumbi (1648-1649)
    31. Shekarau II (1649-1651)
    32. Kukuna Dan Alhaji (1651-1652)
    33. Soyaki (1652 yankwanaki)
    34. Bawa Dan Kukuna (1660-1670)
    35. Dadi Dan Bawa (1670-1703)
    36. Muhammadu Sharafa (1731-1743)
    37. Muhammadu Kumbari
    38. Alhaji Kabe (1743-1753)
    39. Yaji II (1768-1776)
    40. Babba Zaki (1768-1776)
    41. Dauda Abasama (1776-1781)
    42. Muhammadu Alwali II
    (1781-1805)
    43. Malam Suleiman (1805-1819)
    44. Ibrahim Dabo (1819-1846)
    45. Usman Ibrahim Dabo (1846-1855)
    46. Abdullahi Maje Karofi (1855-1882)
    47. Muhammadu Bello (1882-1893)
    48. Muhammadu Tukur (1893-1894)
    49. Aliyu Babba (1894-1903)
    50. Muhammadu Abbas (1903-1919)
    51. Usman Dan Tsoho (1919-1926)
    52 . Abdullahi Bayero (1926-1953)
    53. Muhammadu Sunusi 1953-1963
    54. Muhammadu Inuwa
    (1963-1963)
    55. Ado Bayero (1963- 2014)
    56. Muhammad Sunusi II (2014-2020)
    57. Aminu Ado Bayero (2020….)

    The historic deposition of monarchs in Nigeria underscored the tension between the Republican order and monarchy. It even started from the colonial days when the British administration brooked no opposition. A classic case was the deposition of King Dosunmu, who relocated to Epe before he later regained the throne of Oba of Lagos.

    Also in Lagos, Oba Matiku Olusi was asked to step down as ruler to permit Oba Eleko Esugbayi to regain the throne. When Esugbayi died barely two years later, the conspiracy of prominent Lagosians led to the emergence of Oba Falolu. The turn of events upset Olusi, who many people believed was short-changed.

    Tragedy befell more monarchs on the throne, owing largely to personal errors and punishment by the government of the day. Some of them adjusted to life outside the palace. An example was an ex-Olota of Ota, a car dealer who returned to his business in Lagos.

    Alaaye of Efon-Alaaye

    A popular and progressive ruler, Oba Samuel Adeniran Atewogboye 11(Kekereata Asusumasa Okorobi’gberesi), Alaaye of Efon Kingdom, ascended the throne in 1936. He and his aides were arrested, tried and sentenced for the murder of a child, Princess Adediwura, around 1949. The young lawyers, Obafemi Awolowo, Bode Thomas and Arthur Prest, defended the accused, but without success. The monarch was imprisoned. Other sources said he was electrocuted. The sad incident drew the curtains on his reign.

    Alaafin of Oyo

    Oba Adeniran Adeyemi, son of Alaafin Alowolodu and father of Oba Lamidi Adeyemi, was deposed by the old Western Regional Government headed by Chief Awolowo in 1953. The deposition followed the rift between Alhaji Adeyemi, a councillor and sympathiser of the National Council of Nigerian Citizens (NCNC), and the highly pompous Bode Thomas, who was Action Group (AG) chairman of Oyo District Council. Thomas died mysteriously and the monarch bore the burden of the controversy. He and his Aremo were banished to Osogbo, and later Ijora, Lagos. His exit from the ancient palace paved the way for the ascension of Alayeluwa Bello Gbadegesin Ladigbolu 11.

    Alake of Egbaland

    The Alake of Egbaland, Oba Ladapo Ademola, who ruled between 1920 and 1962, was exiled between 1948 and 1948, following the popular women uprising against taxation, led by Mrs. Funmilayo Ransom-Kuti. He was accommodated in Akure by the Deji, Oba Afunbiowo Adesida. However, Oba Ademola regained his throne.

    Emir Sanusi 1 of Kano

    Alhaji Muhammadu Sanusi was number three in order importance or hierarchy in the old Northern Region, trailing behind Sultan Abubakar Sodiq and Shehu of Borno, Alhaji El-Kanemi. But, according to historians, he was more popular.

    As the region was on the fast lane to self-rule, eyes were on him as the likely Governor. But, crisis broke out between the highly esteemed Emir of Kano and the Premier, Sir Ahmadu

    Bello, Sardauna of Sokoto. The Premier by-passed him. Instead, former House of Representatives member Sir Hassan Kashim from Borno was appointed. In 1963, following the deep-seated crisis, the emir was removed and banished to Azare in present-day Bauchi State. As his grandson suffered the same fate on Monday, history repeated itself. Sanusi 1 died in 2002.

    Attah of Ebiraland

    Alhaji Ibrahim Attah was the ruler of Ebiraland. He was a very wise and clever ruler. He invested many resources in the education of his children, who were numerous. They include former Governor Adamu Attah of Kwara State, former Permanent Secretary, Federal Ministry of Finance, Abdulaziz Attah, and the Ohinoyi, Alhaji Ado Ibrahim. He was deposed in the sixties and banished, never to regain his throne. Knowing that he will not return, he charged his son to be united and defend his legacies.

     

    Ewi of Ado-Ekiti

    The young, dynamic and first educated Ewi of Ado-Ekiti, Oba Anirare Aladesanmi, had to temporarily vacate the stool, following protests by townspeople against his policies. As people gathered in annoyance outside the ancient palace, his brave supporters courageously spirited him out. He was hosted by Deji Adesida I of Akure. His brother, Adeyemo Aladesanmi, was made ruler by some aggrieved people.

    But, Oba Anirare Aladesanmi bounced back, having normalised his relations with his subjects and the colonial resident. On his arrival, his brother became an interloper. He was asked to vacate the throne. In later years, Oba Anirare Aladesanmi served as the Chancellor of the University of Maiduguri, Maiduguri.

    Olowo of Owo

    The legendary Olowo of Owo, Oba Olateru Olagbegi was enveloped in the web of politics. He was a partner in progress with Chief Adekunle Ajasin as Owo hosted the birth of AG. But, they parted ways, following the split in the AG as a result of the protracted feud between Awolowo and Premier Ladoke Akintola. Owo was engulfed in crisis and violence of monumental proportion. Oba Olagbegi was suspended, and later, deposed by the military government of Western State.

    His cousin, Adekola Ogunoye, became the new Olowo. But, after his demise, Sir Olagbegi regained his lost throne. His family was grateful to former Ondo State Governor Bamidele Olumilua.

    Zarki of Arigidi

    The Zarki of Arigidi-Akoko, Oba Olanipekun, was a minister without portfolio under the Akintola government. The rift between the AG and the Nigeria National Democratic Party (NNDP) polarised his town. The monarch was alleged to have taken sides with a political tendency. His people revolted.

    Alhaji Olanipekun embarked on exile. But, 25 years later, he returned to his throne.

    Odemo of Isara

    The nationalist politician, Oba Samuel Akinsanya, was naturally a sympathiser of the AG, a fact that infuriated his former colleague in the Nigerian Youth Movement (NYM), Premier Akintola. He could not be deposed because he enjoyed the support of his subjects. But, Akintola reduced his total salary package to one kobo per annum.

    However, the Aseyin of Iseyin, Oba Raji Adebowale, was not lucky. He was deposed by the Akintola government because of his sympathy for AG. As his supporters were wailing as he was being taken out of the town by security agents, he urged them to get their voter cards ready to vote for AG in 1965 Western Regional parliamentary elections.

    Awujale of Ijebuland

    The Second Republic Ogun State government of Olabisi Onabanjo jolted the people of Ijebuland when it announced the deposition of the Awujale, Oba Sikiru Adetona. But, the order was futile. The court said the announcement was made in error. The Awujale never suffered any reverse of royal fortune.

    Ooni of Ife and Emir of Kano

    For travelling out of the country to Israel without permission, the late Ooni of Ife Oba Okunade Sijuwade and the late Emir of Kano Alhaji Ado Bayero were restricted to their respective palaces for six months by the Buhari/Idiagbon military regime. They lost their freedom of movement and wider freedom of association and assembly.

    Sultan of Sokoto

    Alhaji Ibrahim Dasuki succeeded Sultan Abubakar Sodiq of Sokoto. However, crisis broke out between him and the maximum ruler, the late Gen. Sani Abacha, who left the gift presented to him by the monarch at the airport in Sokoto during his visit to the Caliphate. Following his removal, Alhaji Maccindo became Sultan.

    Emir of Gwandu

    The promising Amry Officer and Aide-de-Camp to former military President Ibrahim Babangida, Major Mustafa Jokolo, was deposed by the Kebbi State government as Emir of Gwandu in 2005 and banished to Loko, a Fulani town in Nasarawa State.

    Deji of Akure

    Oba Adepoju Adesina succeeded Oba Adebobajo Adesida as Deji of Akure. He was from the Osupa Ruling House. Following his unruly behaviours, which ridiculed the throne, he was dethroned by the Ondo State government.

    He made a spirited attempt to stage a comeback, following the demise of his successor, Oba Adebiyi Adesida. But, the public mood did not support his second coming. Oba Aladetoyinbo from the Osupa Ruling House was crowned in succession to Oba Adesida.

    Olugbo of Ugboland

    For five years, Oba Mafimisebi held forte as the Olugbo of Ugboland. But, following the court ruling affirming Oba Fredrick Akinruntan as the rightful choice, Mafimisebi had to vacate the throne. The same fate has befallen the Eleruwa of Eruwa after 10 years on the throne.

  • The ding-dong affair between Ganduje, Sanusi

    The ding-dong affair between Ganduje, Sanusi

    The battle between Governor Abdullahi Ganduje and the deposed Emir of Kano, Muhammadu Sanusi II started in the early days of the governor’s first tenure, writes Deputy Political Editor RAYMOND MORDI

     

    THE feud between Governor Abdullahi Ganduje and deposed Emir Muhammadu Sanusi II came to the fore in March 2017 when the Kano State Public Complaints and Anti-Corruption Commission opened an investigation into the accounts of the Kano Emirate Council. The council was accused of making questionable expenditures amounting to about N6 billion.

    The palace on April 24, 2017, released a breakdown of how the N4 billion was spent. It took the intervention of five northern governors, four days later on April 28, to get Ganduje to sheathe the sword. The meeting between the two parties and the governors took place in Kaduna.

    By May 10, 2017, however, the Kano State House of Assembly set up an eight-man committee to investigate the deposed Emir over alleged abuse of office and improper conduct. The palace responded eight days later indicating that Emir Sanusi II would appear before the House of Assembly committee if invited.

    The House of Assembly on May 22, 2017, announced that it was suspending its investigation on Ganduje’s request following the intervention of the then Acting President Yemi Osinbajo, former Military President Ibrahim Babangida, former Head of State Abdulsalami Abubakar, ex-Senate President Bukola Saraki, ex-Speaker Yakubu Dogara, business moguls Aliko Dangote and Aminu Dantata, as well as national leaders of the ruling All Progressives Congress (APC).

    The 2019 governorship election was also a source of discord between the duo. Following the declaration of the contest inconclusive on March 12, Sanusi called for calm and seized the opportunity to express his gratitude to the then Kano State Commissioner of Police Muhammad Wakili. But, by April 7, after he triumphed at the supplementary elections organised by the Independent National Electoral Commission (INEC), Ganduje accused Wakili of being biased against the APC. After Ganduje’s narrow victory at the polls, indications that the discord was far from settled surfaced. For instance, on May 2, 2019, the Kano State Public Complaints and Anti-Corruption Commission invited one of the Kano Emirate’s officials, Alhaji Isa Bayero, to explain some payment vouchers bearing his name from 2013 to 2017.

    Similarly, the Kano State House of Assembly Speaker, Kabiru Alhassan Rurum, on May 5, read a petition by Mallam Ibrahim Salisu Chambers, requesting the House to create four additional emirates in the state. On May 8, last year, the House of Assembly passed the law for the creation of four additional emirates and transmitted the same to Ganduje who promptly signed it on the same day.

    However, on May 10, last year, a Kano High Court stopped Ganduje from going ahead to implement the new law. In spite of the court order, the following day, the governor presented letters of appointment to the four new upgraded emirs. On May 12, 2019, Ganduje presented the staff of office to the four new emirs.

    To add more pep to the supremacy battle, the Kano State Public Complaints and Anti-Corruption Commission on June 2, last year recommended the suspension of Emir Sanusi II. Similarly, on June 5, the Kano State government queried the Emir asking him to explain within 48 hours his stance on the alleged misappropriation of N3.4 billion by the emirate.

    In furtherance of the peace moves, Ganduje and Sanusi met in Abuja for a dialogue on June 7. The move was initiated by Alhaji Aliko Dangote and the chairman of Nigeria’s Governors’ Forum, Dr. Kayode Fayemi. But the ding-dong affair continued. On June 17, last year, Sanusi replied the query issued to him by the Kano State government over alleged misappropriation of N3.4 billion. The next day, Ganduje said at the Presidential Villa in Abuja that he and Sanusi had started ‘understanding each other’.

    But, the power tussle continued. On November 21, 2019, a Kano State High Court presided over by Justice Usman Na’Abba dissolved the four new emirates created by Ganduje. In contrast, on December 2, last year, the Kano State Executive Council approved a new Emirate Council Bill, 2019, which provided for the establishment of four additional emirates in the state.

    Three days after, the new Kano Emirates Council Bill, 2019, creating four additional emirates were signed by Ganduje.

    On December 8, 2019, Ganduje appointed Sanusi to chair the Kano State Council of Chiefs. Eleven days later (December 19), the Kano State government demanded that Sanusi II should indicate his “acceptance or otherwise” of his appointment as chairman of the council of chiefs.

    Sanusi II lost his bid to restrain Ganduje from dethroning him. A Kano High Court presided over by Justice A. T. Badamasi, on December 17, turned down an application seeking for extension of an order restraining Ganduje from dethroning emirs in the state.

    At this point, it had become obvious that the two parties were irreconcilable. In a follow-up bid to the onslaught from the Ganduje side, the Kano State Public Complaints and Anti-Corruption Commission in January 2020 launched a probe of the Emir over the alleged sale of landed properties belonging to the Kano Emirate Council.

    Though Sanusi secured a minor victory on February 21, when a Federal High Court in Kano quashed the preliminary report by the State Public Complaints and Anti-corruption Commission seeking his suspension, the Emir suffered a big setback when the Kano State House of Assembly, on March 4, launched a fresh probe against him over alleged violation of “some Hausa norms, culture and traditions”.

    Two days earlier (March 2), the Kano State government had directed the Emir to immediately initiate a process of posting the four Kano kingmakers as district heads of local governments under his jurisdiction.

    On March 6, when a Federal High Court in Kano restrained the state’s Public Complaint and Anti-Corruption Commission (PCACC) from investigating the traditional ruler.

    After Sanusi’s long-running battle with the Kano State authorities, Ganduje succeeded in dethroning and banishing him from the ancient city on Monday.

    But, that may not be the final word, as the dethroned Sanusi has yesterday returned to the courts to challenge the Kano State government over his banishment. The deposed emir has issued a 24-hour ultimatum for his release. His lawyer, Abubakar Mahmoud (SAN), told reporters at a news conference in his chambers that the Kano State government would be sued if Sanusi was not released within 24 hours.

  • Gender equality by 2030: dream or reality?

    Gender equality by 2030: dream or reality?

    The United Nations (UN) has expressed its fears that comprehensive gender equality may be unachievable in the next ten decades, despite being one of the internationally-recognised Sustainable Development Goals (SDGs) which must be attained by 2030. OWOLABI OYEBOLA examines how plausible this is for Nigeria to achieve.

     

    A United Nations (UN) report laments that legal restrictions have kept 2.7 billion women from accessing the same choice of jobs as men; less than 25 per cent of parliamentarians were women as at last year; one in three women still experience gender-based violence; women earn 23 per cent less than men globally; women occupy only 24 per cent of parliamentary seats worldwide; one in three experiences physical or sexual violence and 200 million of girls/women have suffered genital mutilation.

    Aside these, the report added, not a single country can claim to have achieved gender equality as multiple obstacles remain unchanged in law and in culture. It said women and girls continue to be undervalued; they work more and earn less and have fewer choices. They experience multiple forms of violence at home and in public spaces.

    In her statement to mark the 2020 International Women’s Day, Executive Director of the UN Women Phumzile Mlambo-Ngcuka said: “2020 is a massive year for gender equality; and the benefits of gender equality are not just for women and girls, but for everyone whose lives will be changed by a fairer world that leaves no one behind. We don’t have an equal world at the moment and women are angry and concerned about the future.

    “We do have some positive changes to celebrate – there has been a 38 per cent drop in the ratio of maternal deaths since 2000; 131 countries have made legal reforms to support gender equality and address discrimination – and though there has been progress, no country has achieved gender equality. Our best hasn’t been good enough. Challenges remain for all countries, although many of them are not insurmountable.”

    One of the many injustices women battle daily occur at work. Such is the situation in Nigeria which does not boast many women Chief Judges. Justice Akon Ikpeme would have added to the number, but the Cross River State House of Assembly denied her the opportunity.

    The House refused to confirm her nomination because she hails from Akwa Ibom. To the lawmakers, Justice Ikpeme would not be fair in deciding cases (if they arise) between Akwa Ibom and Cross River State.

    Mrs. Funmi Falana, a lawyer, laments that Nigeria lags behind when it comes to enforcing women’s rights.

    She said: “Women in Nigeria have been marginalised. Nigeria is far away from attaining equality for women at work, politics, home and so on. We call on Nigerians to remember that the law recognises that all humankind shall be equal before the law, and so every opportunity given to a man must also be accorded to a woman. Women should be given more prominence in politics, appointments, places of decision and policy making in the country.”

    Mrs. Falana also condemned the Cross River State House of Assembly for not confirming Justice Ikpeme, describing the action as ‘discriminatory’.

    She said: “We have been campaigning against discrimination of women. Justice Ikpeme has served in Cross River State all her life. Nobody remembered she was not from there, but when the time came for her to be confirmed as Chief Judge, they remembered she is not from Cross River State. It is discriminatory and against the interest and purpose of the constitution of Nigeria and all international conventions.

    “A woman has the right to hold appointment in her husband’s state expressly. Section 42 of the Constitution provides that nobody shall be discriminated against on the basis of where he or she comes from, sex or race. Justice Ikpeme had served all her life in Cross River State. How suddenly will the lawmakers now remember she is not from there? It is discriminatory and we condemn it.

    “I urge the state to confirm her as not doing so will be discriminatory, unlawful and illegal.

    Mrs. Marian Jones, also a lawyer said it is not forbidden for women to inter-marry. She insisted that the constitution does not forbid it and so it is wrong for Justice Ikpeme to be denied the position of Chief Judge of Cross River State. Mrs. Jones is from Delta State but married to an Akwa Ibom man.

    She said: “It is not written anywhere in the constitution that women should not inter-marry. Denying Justice Ikpeme her position based on her not being indigenous to Cross River State is discriminatory.

    “Her right as a woman has been breached; her right to aspire to the height of her profession has been breached. Professionally, seniority in the bar determines who ascends the throne, and that has been breached because her junior has been promoted as her leader which is a sad situation.

    “Married women have been discriminated against in Nigeria and this needs to change. The government should address the issue. The constitution should be amended to remove these salient issues that limit women. It is a painful situation. The governor, as a lawyer, should know better. Women have been relegated to the background in a lot of things; companies do not favour women directors. It is time to enforce the rights of Nigerians, especially women, and not take them away. Nigeria has not gotten there but we are fighting that one day women equality will be attained.

    Prof. Ngozi Osarenren was Commissioner for Education in Edo State. It, however, took extra efforts for her to attain the height and perform. She is from Abia State but married to an Edo man.

    She said: “Nigeria is a joke. Women are still being arrested for their dressing in this 2020. It’s annoying, and the disturbing aspect is that women are sometimes at the vanguard of humiliating and maltreating their fellow women.

    “When I was Commissioner for Education in Edo State, some of my policies did not go down well with the indigenes. It was like I had come to shake the table. Then Speaker of the House of Assembly, Zakawanu Garuba, openly called me a stranger during a plenary; cameras were there and a lot of people. As at then I had been married for over 20 years.

    “If Nigeria must meet the development goals, favouritism and sectionalism must die. Nigeria might meet those goals on paper, but meeting them in reality is still a long dream. Even when we sign some international documents and conventions do we domicile them?

    “These conventions need to be domesticated for them to make meaningful impact. Conventions that Nigeria is a signatory to should be domesticated but we hardly do that and it’s unfortunate.

    “Not confirming Justice Ikpeme is all politics and it’s unfortunate that because of politics, we don’t want to do the right thing. If her father is from Akwa Ibom, her mother and husband are from Cross River. What then is the problem? For her to be considered Acting Chief Judge means she is the most senior on the bench. It also means she has spent so many years in the Cross River State judiciary, why didn’t they remember all along that she is not from the state?

    “When you don’t want to say the truth, you hide under the umbrella of politics. This is politics and no one knows what they had agreed to trade for her confirmation. I don’t believe in giving me special treatment because I am a woman. Treat me because you think I have the qualities that you need and I happen to be a woman.”

    The United Nations (UN) described year 2020 as representing a great opportunity to mobilise global action to achieve gender equality and human rights of all women and girls.

     

  • COVID-19: How hand sanitiser dealers swindle customers

    COVID-19: How hand sanitiser dealers swindle customers

    As hand sanitisers are said to be antidotes to the Coronavirus outbreak, CHINAKA OKORO writes that some greedy businessmen have cashed in on the unfortunate situation to exploit Nigerians.

     

    Some acquisitive Nigerian businessmen, especially those who deal on hand sanitisers are making brisk business out of the outbreak of Coronavirus; an unfortunate situation for which they should be sympathetic for their fellow men.

    Since the outbreak of the virus in the twilight of last year and following Federal Government’s directive that people should resort to the use of hand sanitisers as antidotes to the virus, dealers on the product have hiked the prices of the product.

    In most cases, they hoard the item thereby creating artificial scarcity in order to increase their prices. Through this, they make much money while the poor groan.

    It is unfortunate that most Nigerians exploit their kith and kin when they are in a perturbing situation. Because of the health challenge that the country is facing in terms of the Coronavirus, sellers of hand sanitisers have increased the prices of the product, thereby making it impossible for the poor in Nigeria to purchase the product which will help them to remain safe.

    When countries the world over seemed to have become less apprehensive from deadly viruses such as HIV and Ebola that have been ravaging humanity, they become more disconcerted by a new and equally more noxious one.

    At the twilight of 2019, the world was petrified by a new virus called Coronavirus that broke out in Wuhan, one of the Chinese cities.

    Medical experts described it as severe acute respiratory syndrome coronavirus-2 (SARS-CoV-2) while the disease associated with it is referred to as COVID-19. It is a type of common virus that infects humans, typically leading to an upper respiratory infection (URI.)

    Out of the seven different types of human coronaviruses that have been identified, Medics say most people will be infected with at least one type of it in their lifetime.

    They maintain that the viruses are spread through the air by coughing and sneezing, close personal contact, touching an object or surface contaminated with the virus and rarely, by faecal contamination. The illness caused by most coronaviruses usually lasts a short time and is characterised by runny nose, sore throat, feeling unwell, cough and fever.

    As it was during the Ebola outbreak on July 20, 2014 when people were advised to use hand sanitisers, so it is now when it is the turn of Coronavirus. People have been advised to maintain personal hygiene and to use hand sanitisers.

     

    Previous experience

    During the Ebola outbreak of 2014, traders who deal on hand sanitisers and face masks made brisk businesses and huge gains. Prices of these products, especially hand sanitisers skyrocketed.

    To make more gains, some of the traders hoarded the products and the prices rose by upwards of 200 per cent. Immediately it was announced that hand sanitisers are antidotes to the virus, owners of pharmaceutical stores, supermarkets and cosmetics stores began to exploit the situation, as they increase the prices of face masks and hand sanitisers between 140 per cent and 250 per cent.

    At present, some of them have run out of stock of the items as the demand for the products have been unparalleled.

    In the same manner, as the Federal Government announced that the country has recorded first case of the virus, sellers of face masks and sanitisers started making huge profits out of the unfortunate situation.

     

    Dealers speak

    The Managing Director of Victory Cosmetics Victor Igwe, who owns a large cosmetics store in Ikotun Market, told The Nation that the cost of face masks (a box of 50) in the open market has rose from N800 to N3, 400, while a small bottle of hand sanitiser that sold for N500 now costs N1,200.

    He said. “At present, it is difficult to see the stock in most major stores. Even when you see it, the price will be double compared to its former price. But people should be careful because unconfirmed report has it that some of the hand sanitisers being sold in some stores are fakes.”

    Igwe stated that in a situation such as this, traders make more money, even though it is not moral to so do.

    Manager, Ude Cosmetics also in Ikotun, who spoke to The Nation in confidence for fear of repression, explained that they had run out of stock of the product due to increased demand as residents of Ikotun and areas contiguous to it had embarked on panic buying of the product.

    “Most residents of this area have continued to search for hand sanitisers despite hike in their prices. Major shops and stores across Igando/Ikotun Local Council Development Area in Alimosho Local Government Area now make brisk business out of sanitisers as buyers were willing to get it at any price. Their safety is paramount to them, I presume,” he said.

    Continuing, he said: “I have also observed that in many stores, the prices have gone up because it is scarce now. The cost of a single infrared thermometer imported from Europe that was sold for N10, 000 per unit before now has risen to N25, 000 per unit and it is amazing how Nigerians and shop owners take advantage of any unsavoury situation to make more money.”

    Mrs Jennifer Ugomma Iheanacho, proprietor of Ugobest Cosmetics on Peter Agha Street, Oke-Afa Isolo area of Lagos said the situation in which every Nigerian is afraid of being in contact with one another is quite unnatural. The economy is in topsy-turvy and people are just managing to make ends meet, extra financial burden on them will break them.

    It is morally wrong that Nigerians are exploited at the slightest eventuality. The same thing happened during the outbreak of Ebola in the country in 2014 when sellers of hand sanitisers milked their fellow humankind dry.

    However, she said why some of them sell hand sanitisers at a high cost was because the product is costly in the market, especially since the outbreak of the virus.

    She said: “These days, hand sanitisers are very costly. A container of 100 grams that we used to sell for N700 now costs N1, 300 and those we used to sell for N1, 000 now go for N1, 500. If not because of the price at which we bought the product, I wouldn’t have that moral justification to sell at such cutthroat prices.”

     

    Global phenomenon

    It is not only in Nigeria that prices of sanitisers have soared. The Nation checks reveal that demand for hand sanitiser is surging around the globe as the new coronavirus spreads, prompting retailers to ration supplies and online vendors to hike prices.

    Sales of hand sanitisers and similar products have swelled across several international markets since the COVID-19 outbreak began in January. The virus, which originated in China, has now spread to more than 60 countries.

    According to data published by Market Research firm Kantar, U.K. hand sanitiser sales witnessed an increase of 255 per cent last month.

    Asian consumers have also been stockpiling personal hygiene goods in the wake of the outbreak, according to a report published by Nielsen.

    Reports from Italy indicate that sales of hand soap were up by 29 per cent. Hand sanitisers sales soared by 1,807 per cent in the week ending February 15, compared to the same week a year earlier according to a data on soaring prices of hand sanitisers.

    Earlier this week, data from Adobe Analytics reportedly showed that demand for hand sanitisers in the U.S. spiked by 1,400 per cent between December and January.

    According to Adobe Analytics, hand sanitiser purchases in the United States were up by 73 per cent during the four weeks until February 22, with analysts predicting sales “won’t peak for some time.”

     

    Health experts advise

    Health experts have repeatedly urged the public to practice good hand hygiene since the coronavirus outbreak began. The World Health Organisation (WHO) advises washing hands “regularly and thoroughly” with soap and water or alcohol-based hands rub if soap is not accessible.

    Also fear of the virus has led people to stock up the germ-killing gel, leaving store shelves empty and online retailers with sky-high prices set by those trying to profit on the rush.

    Although the alcohol-based grease is said to be convenient, the U.S. Centre for Disease Control and Prevention has stated that hand sanitiser isn’t the best way to clean hands, saying that soap and water still remain the finest.

    The Agency said: “If you’re not near a sink, hand sanitiser will do. But keep in mind that it doesn’t kill all germs. Read the label and make sure you’re using one that has at least 60 per cent alcohol.”

    Nigerians should be empathetic to one another in a situation that is distressing. It should not be a time to make extra gains out of an unfortunate circumstance through increase of prices of a commodity that is elixir to any condition that is fast becoming pandemic.