Category: Special Report

  • How surging inflation is inflicting injuries on economies around the world

    How surging inflation is inflicting injuries on economies around the world

    The global economy is in turmoil, a crisis brought on by mounting inflationary pressures forced by backlashes from the COVID-19 pandemic and its variants, and exacerbated by the ongoing Russia–Ukraine war. However, while the scale and severity of its financial and socio-economic dislocation vary from country to country, Nigeria and other economies in Africa, which lack functional institutions and strong internal economic mechanisms to respond appropriately to such external shocks, appear to be worse hit. Assistant Editor NDUKA CHIEJINA looks at how the rampaging inflation scourge is wreaking havoc on major economies around the world and efforts to cage the monster.

     

    FACTS AND FIGURES

    •Argentina currently battling annual inflation rate of over 50 per cent
    •The inflation rate in Germany now stands at +10.4 per cent, reaching the new high level since the 1990’s reunification.
    •The annual inflation rate in Brazil eased to 6.47 per cent in October of 2022 from 7.17 per cent in the prior month
    •Ghana’s year-on-year inflation rate hit an all-time high of 40.4 per cent in October for the 17th straight month, making the/ cedis one of the second-worst performing currencies in the world.
    •Inflation in Nigeria has been on the upswing, rising from 20.52 per cent in August to 20.77 per cent in September.
    •Malawi devalued its currency by 25 per cent as gross foreign reserve holdings fell below two months of import cover
    •In October 2022, prices in the United States increased by 7.7 percent compared to October 2021, with inflation rising to a 40-year high
    •Britain’s inflation rate rose to the highest level in 40 years, with consumer price inflation accelerating to 9 per cent in the 12 months, which is the highest rate since 1982 and millions of households across Britain being hit with a 54 per cent jump in gas and electricity bills

     

    This will probably go down as the most harrowing period in the political career of Ghanaian President, Nana Addo Dankwa Akufo-Addo, and indeed, members of his economic management team. They have been in the eye of the storm over what have arguably been the toughest economic conditions being experienced by Ghanaians, following the continued depreciation of the local currency, the cedi, soaring inflation and rising external debt burden.

    Indeed, Akufo-Addo and his economic handlers have been the butt of scathing criticisms by angry Ghanaians, with many of them calling for the resignation or sacking of his Finance Ministry Ken Ofori-Atta, for instance, over the dwindling fortunes of Ghana’s economy and the attendant untold hardships it has foisted on Ghanaians. Many of them could not fathom how Ghana’s economic misery worsened, with the country’s year-on-year inflation rate as measured by the Consumer Price Index (CPI) hitting an all-time high of 40.4 per cent for the month of October. Ghana’s annual inflation rate accelerated for the 17th straight month to 40.4 per cent in October 2022, up from 37.2 per cent in September. It was the highest since July 2001 and well above the top of the central bank’s target band of six to 10 per cent. Data announced by the Government Statistician, Professor Samuel Kobina Annim, showed that food and non-food inflation skyrocketed, hitting 43.7 per cent and 37.8 per cent, respectively.

    Yet, Ghana’s depressing inflation rate, which experts have projected to keep rising till end of this year, came amid a worrisome depreciation of the cedi during the month. The value of the Cedi, The Nation learnt, has been crashing against other foreign currencies, especially the dollar since the start of the year. For instance, the exchange rate of the cedi to the dollar stood at GH¢14.4 to $1, making the? cedi one of the second-worst performing currencies in the world. The implications of the prevailing economic situation in Ghana are quite glaring. For one, it means that rising inflation and other fiscal and economic crises caused by the Covid-19 pandemic and its variants, which have, of course, been further exacerbated by the ongoing Russia-Ukraine conflict, are not peculiar to Nigeria as some people erroneously think. In fact, given the severity and scale of devastation foisted on Ghana by both external shocks, many Nigerians who relocated to Ghana, drawn by the West African country’s better economic fortunes and stronger currency, may be forced to reconsider their decisions.

    Read AlsoEmefiele: Inflation rate will drop below 15% in 2023

    For instance, a Nigerian trader based in Accra, Ghana, where he deals in mobile phone accessories, told The Nation that he was already considering moving back to Nigeria because of the untold economic hardships in the former Gold Coast. He said preparatory to his eventual relocation, he has already registered a company in Nigeria that deals in interior decoration. The trader, who declined to have his name in print, lamented that the rising cost of living in Ghana, caused by rising inflation that has significantly eroded the purchasing power of households, has become too heavy to bear. Indeed, since the outbreak of the COVID-19 pandemic and its emerging Omicron and Delta variants in early 2020, the global economy has never known peace. The pandemic disrupted the global supply chain, as China, where the virus was first identified, is the second largest economy in the world, after the United States. It is also a major supplier of inputs for manufacturing companies around the world. For instance, China represents Nigeria’s biggest trading partner, with about 19 per cent of its imports sourced from the Asian giant.

    Although economies across the globe have significantly recovered from the aftermath of the pandemic following the removal of restrictions by governments to contain the spread of the virus, Russia’s invasion of Ukraine on February, 24, 2022, introduced a new dimension to the crisis. The ongoing war in Europe, which exacerbated the challenges around the pandemic-induced global supply chain following the imposition of sanctions by the US and other European countries on Russia, compounded the global economy’s woes. This is so given the global dependence on fuel, essential foodstuffs and other goods imported from the Russian Federation and Ukraine. The sanctions on Russia are said to have forced a spike in most commodities prices. For instance, energy prices (diesel, aviation fuel, kerosene and gas), have escalated. Trade disruptions caused by the Russia-Ukraine war, as well as drop in the value of some currencies particularly of import-dependent economies such as Nigeria and Ghana, also increased the cost of imported products. For instance, the Director-General of Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, said in the short term, the disruption occasioned by the invasion of Ukraine by Russia would continue to heavily ruffle the global energy space and upset the supply of petroleum products, thereby causing persistent increase in the price of refined petroleum products, including Automotive Gas Oil (AGO), which costs about N801 per litre.

    Ajayi-Kadir also said in the long run, the Russian invasion of Ukraine will result in enormous increase in the prices of other manufacturing input like wheat, maize, fertiliser and other raw materials. “And by the time the current domestic reserve of manufacturing inputs is exhausted, in the face of acute shortfall in supply, we are afraid that the prices of manufactured products will soar,” the MAN chief warned. He noted that this is so because ironically, the economy is dependent on import of refined petroleum products, including diesel and other vital manufacturing raw materials and there are no sufficient alternatives. Indeed, since the outbreak of the conflict in Europe, inflation has soared in most economies across the world. For instance, inflation in Nigeria, Africa’s largest economy and most populous country, has been on the upswing, rising from 20.52 per cent in August to 20.77 per cent in September, this year.

    This was 4.14 per cent points higher than the rate recorded in September 2021, which was 16.63 per cent. The Statistician-General of the National Bureau of Statistics (NBS), Prince Semiu Adeyemi, said the latest spike in inflation rate was driven by “Interruption in the food supply chain, the influence of domestic currency depreciation on the cost of importation, and a general increase in the cost of production.” Inflation also surged 17-year-high from 19.64 per cent in the month of July to 20.52 per cent in August, the highest since September 2005. It was also the seventh consecutive monthly increase since February this year, indicating a 3.52 per cent increase when compared to the August 2021 inflation rate of 17.01 per cent.

     

    Nigeria moves to cage the monster

     

    In a bid to halt the rampaging inflation monster, which reached a five-year high at 21.09 per cent amid soaring food prices, the Central Bank of Nigeria (CBN), recently raised the Monetary Policy Rate (MPR), which is the benchmark interest rate, by 100 basis points to 16.5 per cent, from 15.1 per cent. It was the fourth straight rate hike this year by the apex bank’s Monetary Policy Committee (MPC). The Committee, however, retained the Cash Reserve Ratio (CRR) (the share of a bank’s total customer deposit that must be kept with the central bank in the form of liquid cash) at 32.5 per cent and retained the liquidity ratio at 30 per cent, with CBN Governor Godwin Emefiele noting that the hike in interest rate would continue to help tame rising inflation. He also reasoned that at this time of high inflation, “loosening it would greatly jeopardise the gains of previous policy rate hikes.”

    Justifying the CBN’s monetary policy further, Emefiele said due to all the causative factors such as Russia-Ukraine war, supply chain disruptions, the slowdown in China, rising inflation in advanced economies and other headwinds, it became dominant that a losing option was not desirable at the MPC’s two-day meeting. “With a rise in inflation, loosening the stance of policy will lead to a more aggressive rise in inflation and will erode that gain already achieved through tightening…,” he stated.

     

    Other central banks in Africa join the fray

     

    Apart from Nigeria, other central banks cross the sub-Saharan African region are also taking more restrictive monetary policy actions, with policy interest rates moving up in recent weeks in countries including Botswana, Ghana, Kenya, Malawi, South Africa, Uganda, and the member states of the West African Economic and Monetary Union (WAEMU), comprising member states Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. Higher inflation will be a drag on overall economic activity. A global recession could have a larger impact on the sub-Saharan African region this time around as the agricultural sector buffer wanes, and higher sovereign debt levels deter growth prospects.

    Most currencies in the sub-Saharan African region had weakened against the US dollar by the second quarter of 2022 due to US dollar resilience, a worsening overall current-account position as import demand for fuel and food grew, and tighter global financial market conditions. Sovereign debt concerns and unfavorable market conditions delayed Kenya’s and Nigeria’s plans for Eurobond issues during the second quarter of 2022. Hard-currency shortages prompted the introduction of capital controls in Kenya. Malawi devalued its currency by 25 per cent as gross foreign reserve holdings fell below two months of import cover. The weaker currencies have amplified the global imported input cost pressures on overall inflation since early 2022. Many people around the world thought the conflict in Europe would be over in a matter of days. However, 10 months on, the story has left the world in shock as Russia has not been able to defeat Ukraine and the sanctions imposed on Russia by the Western countries appear to have had little or no impact on Russia.

    The Russian Federation, a major producer and supplier of oil, gas, fertiliser and grains, has weathered the sanctions and restricted its supply of gas to European countries that relied on its gas. In addition, Russia has blocked the Black Sea, thus preventing the shipment of grains and fertiliser from Ukrainian ports to the rest of the world. The snag is that Russia and Ukraine together export 28 per cent of fertilisers made from nitrogen and phosphorus, as well as potassium in the world. A direct consequence of the Russia Ukraine war is the global inflation catastrophe which has led to interest rate hikes by central banks around the world. In many instances, interest rate increases have not been experienced in a decade.

     

    America also hit by surging inflation

     

    As a result of the Russia-Ukraine war, US inflation rose to new 40-year high. Gasoline costs drove half of the monthly increase on account of the ongoing war, while food was also a sizable contributor to the jump in inflation. US consumer prices rose in March by the most since late 1981, evidence of a painfully high cost of living and reinforcing pressure on the Federal Reserve to raise interest rates even more aggressively. The consumer price index increased 8.5 per cent from a year earlier following a 7.9 per cent annual gain in February, the widely followed inflation gauge rose 1.2 per cent from a month earlier, the biggest gain since 2005.

    Core prices which excluded food and energy prices increased 0.3 per cent from a month earlier and 6.5 per cent from a year ago, due in large part to the biggest drop in used vehicle prices since 1969 and a deceleration in price growth in other merchandise categories. Treasuries rose and the dollar erased an earlier advance to weaken after the data showed core inflation rose less than forecast. The March 2022 CPI reading represented what many economists believed to be the peak of the inflationary period, capturing the impact of soaring food and energy prices after Russia’s invasion of Ukraine.

     

    United Kingdom too

     

    Britain’s inflation rate rose to the highest level in 40 years as Russia’s war in Ukraine fuelled further increases in food and fuel prices. Consumer price inflation accelerated to nine per cent in the 12 months through April 2022, up from seven per cent the previous month, which is the highest rate since 1982 when inflation reached 11 per cent. Economists predicted that the inflation figures “will increase pressure on the government to mitigate a cost-of-living crisis that will produce the biggest drop in living standards since the 1950s.”

    Millions of households across Britain were hit with a 54 per cent jump in gas and electricity bills after regulators boosted the energy price cap to reflect increases in wholesale prices. It is expected that the number of people who will be unemployed will rise by more than 500,000. Like Ghana and Nigeria, cost of living in Britain has become unbearable for working class families. Energy bills are expected to rise to £3,000 from April. The British Government was left with the painful choice of cutting income taxes, while drawing up plans to boost subsidies for low-income people struggling to pay fuel bills. It is also considering a tax on windfall profits of energy companies benefiting from high oil and gas prices. As expected, the inflation crisis in the UK claimed its first victim, Lizz Truss, who served only for 45 days as Prime Minister.

     

    Argentina not spared

     

    Reuters reported that “Argentina, already battling annual inflation running at over 50 per cent, is braced for prices heating up further due to spiking global commodities costs that are being exacerbated by the Russian invasion of Ukraine. “The Russian-Ukrainian war is present in Argentina and that is seen in the prices paid for everything associated with commodities, which are increasing,” Economy Minister Martin Guzman, said. Argentina, a major exporter of soy and corn, has benefited from high grains prices on its exports, though has struggled to tamp down domestic prices. The government has imposed caps on exports and price freeze agreements on some foods.

     

    Asia and China slowdown deepens

     

    The global economic outlook has darkened, and growth across Asia and the Pacific is poised to slow further amid the continuing impact of Russia’s invasion of Ukraine and other shocks. Economic growth in Asia and the Pacific is projected to decelerate to 4.2 per cent this year, 0.7 percentage points less than was forecast in April and slower than the 6.5 per cent growth in 2021.

    China, Asia’s largest economy, saw a significant deceleration in the second quarter as the zero-COVID policy prompted lockdowns for major cities and supply-chain hubs. Accordingly, Bloomberg “full-year growth forecast is lowered to 3.3 per cent from 4.4 per cent in April, and we expect 4.6 per cent growth next year, a reduction of 0.5 percentage points. Such a decline in activity, also reflects a prolonged and intensifying slump in the real estate sector, it’s likely to have sizeable spill-overs on regional trading partners. Japan and Korea, the two largest regional economies integrated closely with global supply chains and China, will also see growth slow on weaker external demand and disruptions to supply chains.

    But despite China’s recent slowdown, signs of a rebound in economic activities are emerging as some pandemic restrictions on mobility are now being gradually eased. The resilience of manufacturing and rebound in tourism is supporting a gradual rebound in Malaysia, Thailand and the Pacific Island countries.

     

    Germany also

     

    Annual inflation rate in Germany was confirmed at 10 per cent in September 2022, reaching the new high level since the 1990’s reunification, highlighting the impact of the ongoing energy crisis. The inflation rate in Germany, measured as the year-on-year change in the (CPI), stood at +10.4 percent in October 2022. The inflation rate thus rose again, following a 10 per cent increase in September 2022. Germany’s largest industrial trade union IG Metall, mobilised hundreds of workers from more than 80 companies for a “warning strike” in two German states. The unions mobilised in Bavaria and outside the headquarters of car maker Audi in Baden-Württemberg. They were demanding an eight per cent pay rise for 3.9 million employees in Germany’s automotive, metal, and electrical industries to help cope with soaring inflation and energy bills, which are now more than 40 per cent higher in the European Union (EU) than they were last year.

     

    Brazil

     

    According to the Economist Intelligence, “Brazil’s states are fairly flush with cash for once, due to last year’s bumper tax haul boosted by higher inflation and economic recovery. As state politicians seek re-election, spending at state level will rise. On balance, we do not expect Brazil’s fiscal performance to be negatively affected this year and our forecasts are broadly unchanged. “The focus will nonetheless remain on establishing a credible, sustainable fiscal framework after several recent episodes where the government and Congress have found ways around the 2016 constitutionally mandated spending cap (which freezes spending in real terms). “Later this year, as the budget for 2023 is debated, the political discourse will heat up, but it will ultimately be up to the government that takes office in January 2023 to address fiscal imbalances over the medium term.”

  • Economic benefits of implementing intellectual property policy

    Economic benefits of implementing intellectual property policy

    There is a consensus among stakeholders in the intellectual property ecosystem that the adoption of a national intellectual property policy and strategy for Nigeria is long overdue. However, beyond the validation and adoption of an intellectual property policy and strategy, experts posit that there is a more compelling need for implementation of the policy in order to achieve desired goals. ONYEDI OJIABOR AND GBENGA OMOKHUNU report

    Books and other products of the creative minds have suffered greatly from the activities of those who reap from where they did not sow. This unacceptable practice, experts believe, has gone on all through history.

    So, to prevent the continued stealing of what specialists refer to as intellectual properties, countries that make up the United Nations enacted a legal framework known as copyright, which promotes and protects the development of books and other creations of the mind. In light of this, stakeholders in the intellectual property ecosystem have reached a consensus that the adoption of a national intellectual property policy and strategy for Nigeria is long overdue.

     

    They, however, stressed that there should be stringent implementation, noting that every policy is only good as the level of implementation it enjoys. Perhaps, the need to cover the gaps in the intellectual property network prompted a national multi-stakeholders workshop for the validation of the draft national intellectual property policy and strategy for the country. It was put together by government agencies that are gatekeepers in the intellectual property (IP) sub-sector in Nigeria.

    Apparently, to underscore the importance of a national intellectual property policy and strategy for the country, the World Intellectual Property Organisation (WIPO) partnered with the organisers. The event, which was held at the United Nations Building, Abuja, provided the platform for stakeholders in the IP-related industries and relevant public and policy agencies to examine and discuss the draft document of the national intellectual property policy and strategy with a view to finalising the document for subsequent adoption.

    In attendance were the Minister of Industry, Trade and Investment, who was represented by the Ministry’s Permanent Secretary, Mrs Evelyn Ngige; Minister of Science, Technology and Innovation, represented by Mr Fur M. Anpe, Director of Technology Acquisition and Adaptation, Federal Ministry of Science, Technology and Innovation; the Ambassador and Permanent Representative of Nigeria to the United Nations and other International Organisations in Geneva, Ambassador Richards Adejola, represented by Mr Akindeji Aremu of the Permanent Mission in Geneva.

     

    Also in attendance were heads of all collaborating IP agencies, including Dr John Asein, Director-General of Nigerian Copyright Commission; Dr Ibrahim Dan Azumi, Director-General of National Office for Technology Acquisition and Promotion (NOTAP), represented by Dr Ephraim Okejiri; Chief Registrar of Commercial Law Department of the Federal Ministry of Industry, Trade and Investment, Mrs Stella Ezenduka; the Registrar of Trademarks, Federal Ministry of Industry, Trade and Investment, Dr Shafiu Adamu Yauri. In addition, the workshop had a large representation of participants drawn from the private and public sectors.

    The event was declared open by the Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami (SAN), who was represented by the Permanent Secretary and Solicitor-General of the Federation, Federal Ministry of Justice, Mrs Beatrice Jedi Agba. The opening ceremony of the workshop was followed by presentations at plenary and breakout sessions by thematic groups representing critical aspects of the draft document.

    Major presentations and discussion segments included National Intellectual Property (IP) Policies and Strategies in World Intellectual Property Organisation (WIPO’s) partnership with member states. Presentation and discussion of the draft national IP policy for Nigeria; presentation and discussion of the draft national IP policy for Nigeria (international consultants), presentation of the draft implementation strategy, discussions (draft policy and strategy) in three clusters (breakout) and presentations of reports from the breakout sessions by the respective rapporteurs of the three clusters.

    Observations, recommendations and validation were made after robust engagement and discussions in the various plenary sessions and breakout groups. Participants particularly made some observations and recommendations to improve and enrich the draft National IP Policy and Strategy. The observations and recommendations were noted and incorporated into the draft document.

    Thereafter, participants unanimously validated the National IP Policy and Strategy for onward transmission to relevant ministers and the Federal Executive Council for adoption as the National IP Policy and Strategy of the Federal Republic of Nigeria. It was, indeed, a gathering of eggheads in the intellectual property industry for the three-day event. Intellectual Property law “relates to the establishment and protection of intellectual creations such as inventions, designs brand, artwork and music.” It is “a body of laws that govern all the relevant aspects, including ownership, registration, protection, licensing, patents, copyright and trademark which enable people to earn recognition or financial benefit from what they invent.”

    The validation and adoption of the draft national intellectual property policy and strategy can only be meaningful when President Muhammadu Buhari signs the Copyright Bill, which has been passed by the two chambers of the National Assembly, into law. Undoubtedly, the National Intellectual Property Policy and Strategy (NIPPS) is an important aspect of the government’s policies that need awareness and support from Nigerians to engender much-needed economic empowerment.

    NIPPS’s development is said to have begun this year, arising from the collaboration between the Federal Government and the World Intellectual Property Organisation (WIPO). Many stakeholders have been yearning for the country’s intellectual property to be protected and given a life of its own for the benefit of creators and inventors. Its economic importance, stakeholders say, cannot be over-emphasised. This, they say, brought about a validation and adoption workshop of the draft National Intellectual Property Policy and Strategy for the country.

    The Federal Government and agencies responsible for Intellectual Property (IP) in Nigeria, with the support of the World Intellectual Property Organisation (WIPO), developed a draft National Intellectual Property Policy and Strategy for the country. The project, which commenced this year, also benefited from the inputs of national and international experts and public and private sector stakeholders. The vision of NIPPS, according to the final draft, is utilising the intellectual property for sustainable economic prosperity; while the mission is to promote a comprehensive and conducive IP ecosystem as a catalyst for harnessing the full potential of IP for socio-cultural development and sustainable economic growth.

    Findings showed that Nigeria has legislation for the administration of patents, designs and trademarks. What is needed is legislation for the administration of trade secrets, databases, integrated circuits, geographical indications, utility models or petty patents. Malami, at the workshop, said the re-enactment of the Copyright Bill, which has been passed by the two chambers of the National Assembly, is awaiting transmission and assent by President Buhari. He was excited that the workshop is the first time Nigeria is taking deliberate steps to put in place a framework to guide the orderly development of its intellectual property system.

    It is also an opportunity, the AGF said, to define a path, in line with global standards, for unlocking and harnessing the country’s rich endowments in the areas of innovation and creativity. Malami, represented by Mrs Jaddy-Agba, said: “Convinced of the need to bring the country’s intellectual property laws to international standards, this administration, in October 2017, ratified four treaties in the field of copyright.

    “The step has been followed by the re-enactment of the Copyright Bill which has been passed by the two chambers of the National Assembly and is awaiting transmission and assent. In addition, earlier in 2021, the President had assented to the Plants Varieties Protection Act as part of a deliberate policy to protect the rights of plant breeders who propagate new and improved plant varieties. We hope that the new intellectual property policy would catalyse the needed reforms in all aspects of intellectual property law and administration, especially the Trade Marks Act, the Patents and Designs Act and the Merchandise Marks Act, all of which require comprehensive review.

    “In the past three decades, Nigeria has continued to witness exponential growth of its creative and innovative sectors. We had recognised the importance of innovation and creativity in the empowerment of citizens for wealth creation and national economic development.”

    The AGF, who said the government is aware of the importance of a national policy in the generation, protection, use and promotion of intellectual property assets, added that “a policy is only as good as its implementation.” Continuing, he said: “It is, therefore, heartening that a complementary implementation strategy has also been developed outside the policy. As envisaged in that strategy, we must intensify our engagement with relevant stakeholders to make them understand and use the document for informed actions.”

    Malami said the Nigerian Copyright Commission, in collaboration with the Committee of Vice-Chancellors of Nigerian Universities, has developed a Model Intellectual Property Policy for Nigerian Universities. He assured that the government will give the final stages of the validation process the needed attention.

    The Director-General of the World Intellectual Property Organisation, Daren Tang noted that with a population of over 218 million, with a median age of 18.1, the hugely creative and innovative potential among the youth demographic in Nigeria cannot be overemphasised. Tang, who was represented by Loretta Asiedu, stressed the need to properly harness the creative potential of this kind of human capital by the adoption of policies that promote innovation and creativity through the intellectual property system.

    “It is important to develop a framework to unlock innovative potential by facilitating the use of the IP system for economic empowerment by all stakeholder groups and levels, including hitherto underserved parts of the population, including women, youth, small and medium enterprises and indigenous communities. Considering developments on the continent, such as the establishment of the African Continental Free Trade Area, with its potential impact on intellectual property rights, the time for this framework is now.

    “For us in the World Intellectual Property Organisation who are acquainted with the development of the IP landscape on the continent, it is very encouraging to note that stakeholders in Africa are attaching great importance to issues of intellectual property, shifting the paradigm from merely raising awareness on the subject, through assisting member states to develop legislative and institutional frameworks for the promotion and protection of IPRs, through building the capacity of member state IP offices to process applications, to assisting member states to develop, by way of a thoroughly engaging consultative process, National IP Policies and Strategies that demystify intellectual property and makes it far from a preserve of the wealthy developed nations.”

    With a vision of “utilising the intellectual property for sustainable national prosperity” and a mission “to promote a comprehensive and conducive IP ecosystem as a catalyst for harnessing the full potential of IP for socio-cultural development and sustainable economic growth” the national intellectual property policy and strategy, may be set to fly pending the final endorsement by the FEC.

    What is more, with laudable strategic objectives, including strengthening the legal framework for the protection of intellectual property rights in Nigeria; strengthening the institutional framework for the administration and management of intellectual property rights in Nigeria, to enhance the generation and protection of intellectual property rights; to promote and facilitate commercial exploitation of IP assets and technology transfer; to strengthen the legal and institutional framework for the enforcement of IP rights in Nigeria; to develop the required human resources for the administration, protection, commercialisation, and enforcement of IP rights; to promote IP training, education and awareness, the country is bound to reap bountiful economic benefits from the adoption of the policy.

    About a legal framework for the administration of intellectual property rights (Industrial property rights), the policy recognised that currently, Nigeria has legislations for the administration of patents, designs, and trademarks while patents and designs are administered by the Patents and Designs Act,  Chapter P.2 of the laws of the Federal Republic of Nigeria 2004.

    On the other hand, trademark matters are governed by common law and statutory provisions. The statutory provisions, it said, are regulated by the Federal Government through various laws such as the Trademarks Act1 (TMA) and the Merchandise Marks Act2; albeit some elements of trademark protection are also contained in the provisions of the National Agency for Food and Drug Administration and Control Act3 (NAFDAC), the Companies and Allied Matters Act 4 (CAMA) and the Standards Organisation of Nigeria Act 5 (SON).

    It said all aspects of trademark engagements other than the issues relating to common law rights are regulated by the Federal Government. Therefore, it follows that these laws have national application in their coverage. It, however, noted that there are currently no legislations for the administration of trade secrets, databases, integrated circuits, geographical indications, utility models or petty patents. For trade secrets or confidential information, it said section 37 of the Constitution guarantees a form of privacy as a fundamental right. It did not forget to add that there are remedies under common law for breach of confidential information and privacy.

    According to the policy, there is no special legislation for databases, but this is protectable under the Copyright Act. There is no special statute on integrated circuits, but they can be protected and registered as industrial designs. There is no special protection for geographical indications or appellations of origin. On copyright and related rights, it said the Copyright Act Cap C.28 Laws of the Federation of Nigeria is the main source of the Nigerian Copyright Law, which makes robust provisions for copyright protection, administration and enforcement in Nigeria. It further said the Act makes provision for neighbouring rights that cover performers’ rights and protection of folklore in Nigeria.

    In line with the Marrakesh Treaty to facilitate access to published works by visually impaired persons (the Marrakesh Treaty), it said the Act made provides for the reproduction of published works in Braille for the exclusive use of the blind and sound recordings made by institutions or establishments approved by the government. The Law on copyright, it said, operates throughout the country being an Act of the Federal Government, copyright being on the exclusive list of the 1999 Constitution (as amended) on which only the Federal Government could legislate.

    The Law also includes subsidiary legislations that the Nigerian Copyright Commission is empowered to make pursuant to its regulatory mandate. The Act, in Section 31, also protects the expression of folklore in Nigeria against reproduction, communication to the public by performance, broadcasting, distribution by cable or other means, adaptations, translations and other transformations when such expressions are made either for commercial purposes or outside their customary context.

    On plant/animal variety rights, it said the protection for plant/animal varieties is by a sui generis system, under the recently enacted PVP Act 2021 of Nigeria, which covers all genera and species. It noted that, apart from protecting plant varieties, the PVP Act 2021, encourages investment in plant breeding and crop variety development and establishes a Plant Variety Protection Office for the promotion of increased staple crop productivity for smallholder farmers in Nigeria. It, however, said the PVP regulations will need to be developed in order to operationalise the PVP Act 2021.

    In addition, the Patents and Designs Acts also provide for the grant of patents for biotech inventions pertaining to plants and animals. On traditional knowledge and traditional medicines, it said Traditional Knowledge (TK) and Traditional Medicine is not protected by patents, “but there is protection for some TK as folklore under copyright. There is no deliberate policy in place and there is a very low level of appreciation of the importance of such policy in the public sector and amongst organised private sector organisations,” it said.

    On international treaties, agreements, and protocols such as industrial property rights, it said for industrial property, Nigeria is a member of the WIPO, the Paris Convention for the protection of industrial property, the Nice Agreement concerning the international classification of goods and services for the purposes of the registration of Marks and the Agreement on Trade-related Aspects of Intellectual Property Rights (TRIPS) and the Patent Cooperation Treaty (PCT).

    It said though Nigeria’s industrial property law predates the TRIPS Agreement, they are substantially consistent with the fundamental provisions within the agreement. The absence of regulations for the protection of trade secrets, databases, integrated circuits, and geographical indications, it said, remains a challenge to conformity with TRIPs.

    Although there are some Bills at the National Assembly seeking to align Nigerian laws to her treaty obligations, the domestication of TRIPS into the country’s IP landscape has been a source of doubt and controversy among stakeholders. As Malami stated, the implementation of the policy is key. Of what essence is the validation and adoption of a policy and strategy that will end up on the shelf?

  • Yoked with over 30 taxes, manufacturers and businesses gasp for breath

    Yoked with over 30 taxes, manufacturers and businesses gasp for breath

    Manufacturers and other real sector operators are screaming blue murder over the crippling operating environment they are saddled with, as more than 30 statutory taxes, levies, fees, rates and charges by different tiers of government and agencies have become killers of businesses and disincentives to investment. And with the Federal Government currently on the lookout for ways to boost its revenue in the 2023 fiscal year, including the possibility of imposing new taxes and increasing existing ones, the move, if carried out, may further worsen the heavy tax burden that is already making running businesses a hellish affair for private operators. Assistant Editor CHIKODI OKEREOCHA reports.

    The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, is not a man given to frivolities. As a frontline industrialist with investments cutting across diverse sectors of the economy, including manufacturing, agriculture, transportation, textile, oil and gas, automobile, etc, he certainly knows where the shoe pinches as far as doing businesses in Nigeria is concerned. Because of his track record of excellence and vantage position as a foremost businessman in Nigeria, whatever Dangote says concerning running businesses and the economy is taken seriously.

    So, when Dangote recently raised the alarm that manufacturers in Nigeria are burdened with over 30 statutory taxes, levies, fees and rates, he merely echoed what has always been a pain in the neck of real sector operators in the country, especially manufacturers. It was at the 2nd Adeola Odutola Lecture organised by the Manufacturers Association of Nigeria (MAN) in Lagos, where one of Africa’s most successful industrialists lamented openly that multiple and high tax rates and charges are hurting businesses, thereby clogging the wheel of Nigeria’s industrialisation.

    The Lecture was in commemoration of the 50th Annual General Meeting (AGM) of MAN. And Dangote, while presenting a paper on, ‘Agenda Setting for Industrialising Nigeria in the Next Decade,” said manufacturers and other businesses are suffocating under the weight of excessive and multiple taxes and charges. He listed some of them to include Company Income Tax (CIT), stamp duties, petroleum profit tax, capital gain tax, industrial training fund tax, education tax and Value Added Tax (VAT), among others.

    The pan-African industrialist and Vice President of MAN Large Corporations Group did not mince words when he said: “The style and manner of administration of the 30 per cent CIT, for instance, has been a constant pain point for industries.” He also said the VAT of 7.5 per cent viz-a-viz the minimum wage of N30, 000 (about $72) affects industrial production, and more recently, the N10/litre excise duty that has been imposed on non-alcoholic beverages. Dangote further drew attention to the fact that the increase in royalty rates on all solid minerals – limestone, 233.3%; marble, 33.3%; laterite, 33.3%; Shale, 20%; gypsum, 20%; clay, 100% etc – by the Federal Ministry of Mines and Steel Development “will undoubtedly have adverse consequences on performance of industries and inflow of private sector investment.”

    According to him, multiple regulation of the industry by different government agencies resulted in multiplicity of charges, thus constituting a perennial heartache for manufacturers. “Even when a government committee recommended the rationalisation of these agencies with duplicated mandates, it has not yet been implemented,” Dangote charged. He was apparently referring to the non-implementation of the Steve Oronsaye Report on the reduction and re-alignment of government agencies and parastatals. In a bid to streamline the number of taxes, levies, fees and administrative charges and, ultimately, cut Nigeria’s humongous cost of governance, the Federal Government, under former President Goodluck Jonathan, in 2011, set up the Presidential Committee on Restructuring and Rationalisation of Federal Government Parastatals, Commissions and Agencies, chaired by Steve Oronsaye.

    The Oronsaye committee submitted an 800-page report on April 16, 2012, which recommended the abolition and merger of 102 government agencies and parastatals; while some were listed to be self-funding. But 10 years after, government has failed to implement the recommendations of the report by reducing, harmonising or merging some agencies. Rather than do so, it has even gone ahead to establish more agencies. Predictably, the effects of non-implementation of the report and the creation of more agencies have continued to deal a telling blow on the nation’s industrial and governance landscape. “Today, industries are bombarded daily with a barrage of demand notices emanating from agencies with similar mandates,” Dangote lamented.

    However, Dangote’s outcry over Nigeria’s asphyxiating regime of multiple and high tax rates for manufacturers and other business operators wasn’t new. Rather, it was an amplification of the age-long lamentation by manufacturers and other members of the Organised Private Sector (OPS) over the crippling effects of multiple taxes on their operations and by extension, the economy. For long, members of the OPS, including MAN, Lagos Chamber of Commerce and Industry (LCCI), Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), MAN Export Group (MANEG), Nigerian Association of Micro, Small and Medium Enterprises (NASME), and Nigerian Association of Small-Scale Industrialists (NASSI), among others, have literarily been up in arms against government and its agencies over what they term as “crushing effects of multiple taxation.”

    Multiple taxation, according to economists and finance experts, is a situation in which the same earnings are taxed more than once. It is the taxing of a person by two or more government authorities demanding the same kind of tax. And the issue of eliminating or reducing the burden has been at the centre of intense advocacy and numerous submissions and engagements with the government at various levels by MAN and OPS members. For instance, at various fora, including MAN’s 2nd Adeola Odutola Lecture/50th AGM, the immediate past president of the association, Engr. Mansur Ahmed, reminded the nation’s tax authorities that “the increasing incidence of new tax heads payable by manufacturing concern has become a major threat to the survival of manufacturing companies.”

    He said, for instance, multiple taxation is responsible for the prevailing increase in the cost of doing business because companies incur additional costs in the process of compliance, leading to a spike in manufacturing cost. He added that the huge tax burden was also responsible for the reduction in investment inflow into the country, especially now that businesses are struggling to survive the prevailing domestic and global financial and economic headwinds.

    That is not all the woes foisted on manufacturers and business operators in diverse sectors by the unbearable burden of taxation. Apart from inducing a high-cost operating environment, Mansur said multiple taxation has also been a serious distraction from concentrating on manufacturers’ core business of production. He said precious man-hours are being dedicated to first understanding the new tax guidelines and adjusting the recording systems, all of which have no value addition to production or investment. “This situation worsens the already high-cost of operating environment and reduces competitiveness,” Mansur reiterated, insisting: “It is not too beneficial to Nigeria in this era of regional and continental free trade arrangements.”

    He, however, admitted that some of government’s tax-related policies on manufacturing are positive, especially those that extend special considerations to Small and Medium Enterprises (SMEs). But the former MAN president insisted that other tax policies such as those earlier highlighted by Dangote and others are negatively exerting heavy pressure on the processes, documentations, cost profiles and of course, manufacturers’ bottom lines. “Most recently, there has been an upsurge in the number of laws that make direct demand on the profit of companies as additional taxes and further increase in excise duties for some products in the sector,” he added. Mansur, who noted that manufacturing companies have been absorbing greater portion of the huge tax burden to ensure that products’ prices remain affordable to consumers, however, warned that this may no longer be possible, as basic products may now be out of reach of many Nigerians if nothing is done urgently.

    2023 fiscal year raises fears over more taxes

    However, it is doubtful if such warning by manufacturers will hit the right chord in the ears of tax authorities. In fact, as things are, there are fears that despite their strident and persistent outcry against multiple taxation and its asphyxiating effects on their businesses, succour may not come their way any time soon. Indications to this emerged following the recent presentation of the 2023 budget proposals to the joint session of the National Assembly by President Muhammadu Buhari. The N20.5 trillion 2023 budget, with the  theme, “Budget of Fiscal Sustainability and Transition,” had a N10.78 trillion fiscal deficit, which represents 5.5 per cent of the Gross Domestic Product (GDP) and is way above the three per cent benchmark set in the country’s 2007 Fiscal Responsibility Act. It is also 54 per cent higher than the estimated deficit for 2021, for instance.

    With such huge fiscal deficit in the proposed budget, the thinking of some finance experts, analysts and industry operators is that the stage may have been set for what promises to be a challenging fiscal year for manufacturers and other business operators, including Nigerians generally. According to them, financing the huge deficit has become an issue and bolstering the nation’s Internally Generated Revenue (IGR) via more taxes may be inevitable.

    However, the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has explained that the budget deficit of N10.78 trillion for 2023 will largely be financed through domestic loans; that it will be financed mainly by borrowings, including domestic sources. President Buhari, during the budget presentation, also said government will sell some national assets, as well as N206.18 billion from privatisation proceeds and N1.77 trillion draw-downs on bilateral/multilateral loans secured for specific development projects/programmes.

    However, some experts and discerning operators in diverse sectors believe that the Federal Government is currently between a rock and a hard place with regards to sourcing the needed cash to finance capital projects and meet other financial obligations. They noted that boosting the nation’s revenue profile through taxes, levies and charges in the coming 2023 fiscal year is likely to be on the card.

    The Nation, however, learnt that as a strategy to bolster its tax revenue for the 2023 fiscal year, government plans to bring more businesses in the informal sector into the tax net and also deploy technology to block leakages in already taxed businesses. Government also plans to expand the list of bodies and institutions collecting taxes for the government to include telecom companies, banks and other financial institutions, companies in construction, aviation sectors etc.

    It was, perhaps, against this background that the Federal Government, though the Budget Office of the Federation, recently moved to impose a five per cent excise duty on telecommunication services. But it took sustained opposition and criticisms by business operators and Nigerians to force the hand of the government to pull the breaks on the implementation of the proposed five per cent excise duty on telecommunication services.

    Also, the proposed imposition of N10/litre excise duty on non-alcoholic beverages has continued to pitch manufacturers against the government. For instance, MAN, while reacting to the N10/litre excise duty on non-alcoholic beverages, described the move as “untimely,” noting that it will compound the already challenging situation of manufacturers especially considering that the economy is contracting. “It is indeed, a matter of great concern to our members that even as our economy continues to experience very slow growth, our policy makers at all levels continue to compound the situation by introducing new taxes, further worsening the difficult and high-cost operating environment,” the association said.

    Mansur put the association’s resistance to the proposed N10/litre excise duty on non-alcoholic beverages in perspective when he said, for instance, that in other climes, when the economy slows down, government reduce taxes to encourage businesses to expand, create more jobs and increase economic activities. He said it was in response to the contraction in the United Kingdom (UK’s) economy that its immediate past Prime Minister, Liz Truss, considered cutting tax to make it easier for manufacturers and businesses to create more opportunities for economic activities to create more wealth and boost the economy’s capacity to pay taxes.

    Mansur, however, expressed regrets that this hasn’t been the case in Nigeria. “What we are seeing in Nigeria today is not only increasing tax rate but introducing new taxes and turning every public agency into a revenue collector,” he charged, insisting: “You do not increase tax at a time when the economy is contracting.” He said while manufacturers appreciate the fact that government is under pressure to raise more revenues, there is also the need to ensure that it does not undermine the revenue process. “You don’t kill the goose that lays the golden egg. If in the effort to raise more revenue, you now put so much pressure on the few citizens that are paying taxes, it may reduce their capacity to pay taxes,” Mansur said.

    The former MAN president reiterated that any increase in excise duty or introduction of new taxes will increase manufacturers’ cost, noting that the rising inflation, which, at the last count in September 2022, stood at 20.77 per cent, according to the National Bureau of Statistics (NBS), was impacting heavily on the purchasing power of Nigerians. “Nigerians are already getting to the limit of what they can spend and if you now increase the cost, it means that the demand for products will go down significantly and the capacity of the companies to produce and sell will be reduced; so, you are indirectly losing than gaining,” Mansur averred.

    How to reduce the tax burden

    Ahead of the 2023 fiscal year, nothing would gladden the hearts of manufacturers and, indeed, other business operators and Nigerians in general than to see government properly structure its tax system to be more progressive. This, according to them, is by ensuring a comprehensive and integrated framework that will facilitate the intentional movement of operators in the informal sector to the formal sector of the economy. The said framework will also ensure that taxes/levies and fees payable by businesses are harmonised to attract more investments rather discourage same; it will also ensure that the tax net is widened to bring in more of the untaxed rather than increasing the tax base or the tax burden of existing tax payers.

    The President of NACCIMA, Ide John Udeagbala, aligned with those calling for the widening of the nation’s tax net, as well as leveraging investments through Public-Private-Partnerships (PPPs) in exchange for tax credits spread over time. According to him, Nigeria’s current levels of debt service payments are considerably high and unsustainable given dwindling government’s revenues. Udeagbala, who spoke at NACIMMA’s recent quarterly press briefing, lamented that over taxation was driving away foreign investors and when businesses are over burdened with multiple taxes, they collapse.

    His words: “You set up a business; you pay tax before the business starts; government collects tax to register the company; you pay stamp duty which is now 1.5 per cent. This is burdensome. We pay for security, light that we don’t even get; infrastructure; fuel and diesel prices keep going up. It does not make economic sense to add further burden on businesses. The private sector is doing 99 per cent. What is government doing other than increasing tax and nothing to show for it? Over taxation makes business in Nigeria less competitive. Every government in other climes reduced the burden of the private sector and businesses, but ours is a different case.”

    The NACCIMA chief insisted that government is supposed to provide funding to sustain businesses in this difficult era. He said the solution to Nigeria’s current fiscal crisis is not in squeezing more taxes from struggling businesses and Nigerians, but in expanding the tax base and making companies and businesses competitive by emplacing a more favourable operating environment. “The private sector keeps engaging government in the ease of doing business to expand and get more revenue,” Udeagbala said, pointing out that the African Continental Free Trade Agreement (AfCFTA), which is now operational, is a good source to generate revenue. “If we continue to operate below par, the tax issues will continue to be daunting and the ratios will be increasing if we don’t increase the tax base,” he stated.

    His counterpart at LCCI, Dr. Michael Olawale-Cole, also advised the Federal Government to turn to other areas to raise funds rather than over-burdening the private sector with additional taxes. “Of course, tax is a must for everyone, but we should not put too much pressure on the private sector in raising revenue. We are appealing to the Federal Government to expand the tax net as against putting pressure on the very compliant taxpayers,” he said.

    For the Director-General of MAN, Segun Ajayi-Kadir, there is need to publish the list of approved harmonised taxes and levies for the manufacturing sector by the Joint Tax Board (JTB) to address the issues of multiple taxation. He also pushed that all tiers of government comply with the Taxes and Levies (Approved List for Collection) Act CAP T2LFN 2004; implement the harmonised taxes and levies project which should be monitored strictly by the JTB.

    The Federal Government has probably never been under so much fiscal pressure. Badly hit by domestic and global headwinds forced by familiar challenges in the local business environment, the externally- induced outbreak of COVID-19 pandemic and its variants, and now, the on-going Russia-Ukraine war, Nigeria, Africa’s largest economy and most populous country, is facing its most severe fiscal crisis ever, with her tax system under scrutiny.

    The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, brought Nigeria’s dicey fiscal situation and the push to use her tax regime as wedge to the fore when he said, “As countries across the world (Nigeria inclusive) are in dire economic situations, the debts are rising in unprecedented sums, and inflation is skyrocketing. Citizens bear the brunt of all these with high costs of living, and in most cases, no concomitant increase in their earnings. So, how do we find a balance in all these? How do we put a human face to taxation? How do we ensure that the government’s purse does not run dry, and neither should citizens’?”

    Nami spoke at the 7th African tax administration forum general assembly, 2022, with the theme, ‘Rethinking Revenue Strategies: The Human Face of Taxation,’ hosted recently by the FIRS in Lagos. The forum discussed the intersections between the provision of the needed resources to fund government’s expenditure as tax administrators, while showing empathy for the burden the citizens face. It remains to be seen, as 2023 fiscal year draws near. How government will achieve this delicate balance and swell its lean purse and meet its numerous financial obligations without, as manufacturers put it, “killing the goosed that lays the golden egg.”

  • Atiku walking a tightrope without G-5 governors

    Atiku walking a tightrope without G-5 governors

    Campaigning for the Peoples Democratic Party’s presidential candidate in next year’s general election, Atiku Abubakar, is, for now, a no-go area for the five aggrieved governors. They have a vested interest in other elective positions, but have declared that they will not be joining the presidential campaign. Yet, they are also aware of the dire consequences of openly backing the candidate of another party for the number one position in the country. Deputy Political Editor RAYMOND MORDI, Southwest Bureau Chief BISI OLADELE, Abuja Bureau Chief ONYEDI OJIABOR, MIKE ODIEGWU (Rivers), DAMIAN DURUIHEOMA (Enugu), EMMANUEL UJA (Benue) and SUNNY NWANKWO (Abia) give an overview of the situation in the five affected states.

    Leaders and supporters of the Peoples Democratic Party (PDP) in the five southern states and one northern state where governors elected on the party’s platform are at loggerheads with its presidential candidate in next year’s presidential election, Alhaji Atiku Abubakar over issues bordering on equity, justice and fairness, are currently in a dilemma over the candidate they will back in the election.

    The states are Rivers, Oyo, Abia, Enugu and Benue. The governors – Nyesom Wike (Rivers), Seyi Makinde (Oyo), Okezie Ikpeazu (Abia), Ifeanyi Ugwuanyi (Enugu) and Samuel Ortom (Benue) — have been moving around the country galvanising support against the PDP presidential candidate. The five governors, otherwise known as the G-5 governors, are insisting that the national Chairman, Senator Iyorchia Ayu must resign to pave way for the emergence of a southerner as the new chairman. The governors have refused to participate in the campaign of the party’s presidential candidate, insisting that the latter must prevail on Ayu to resign.

    It is a catch-22 situation for the aggrieved governors. Rival political parties, like the All Progressives Congress (APC) and the Labour Party (LP), have been trying to capitalise on this to woo them to either join or work for the success of their party in the election. But, they have insisted that they will remain in their party to fight for restitution in the sharing of offices.

    This is understandable; they have a lot to lose if they leave the party at the moment. Four out of the five governors are vying for positions in the election on the platform of the party. The Oyo State governor is seeking re-election for another term, while those of Abia, Benue and Enugu are candidates eyeing the senatorial seats of their constituencies. It is only the Rivers State governor, who happens to be the leader of the group that is not contesting for any position. But, like the four others, he has a vested interest in the aspiration of all those vying for elective positions on the platform of the party.

    Based on the manner campaigns were conducted in the past, when party members and supporters are usually asked to vote for the candidates of the party in all positions being contested, their decision to work against the interest of the party’s presidential candidate has created a dilemma for both the aggrieved governors and their supporters. But, the way the problem is being handled and its impact in next year’s presidential election vary from one state to the other.

    Rivers

    In Rivers State, Wike holds the ace; Rivers is Wike’s undisputed territory. The PDP’s umbrella is carefully folded and tucked into his armpit. Though a second-term governor, Wike’s strategies have given him full control of the party with all the PDP structures loyal to him.

    Immediately it became obvious that Wike had fallen apart with Atiku and the PDP leadership, his country home at Rumueprikon, Obio-Akpor, became a Mecca of sorts. Various PDP leaders and party groups paid solidarity visits to the governor.

    A delegation of some APC governors comprising Babajide Sanwo-Olu of Lagos State and the then Governor of Ekiti State, Kayode Fayemi visited him. Peter Obi has been frequenting the state to secure Wike’s support. The candidate of the New Nigeria Peoples Party (NNPP), Rabiu Kwankwaso also consulted Wike. Some met with him and his group overseas. Observers believe that Wike’s political strength, capacity and reliability were the reasons for such consultations.

    All efforts by Atiku to divide the party in the state have collapsed like a pack of cards. Atiku has made some efforts through some party leaders, who declared their interest to work for him. Sir Celestine Omehia, Austine Opara, Lee Maeba, and Chinyere Igwe, who were formally loyal to Wike shifted their interest to Atiku.

    They have since fled Rivers and they are hibernating in Abuja. Wike’s camp has declared them persona non-grata and enemies of the state. Since they fled, they have not been able to return home and without coming back to Rivers, they cannot work for Atiku.

    Wike said: “If anybody fights our system, we will fight the person back. The moment you claim to be working with us and tomorrow, you shift to our enemy, we will take every might we have, we will even leave our enemies and finish you first.”

    The title of Maeba’s land in a choice location in Port Harcourt had been revoked. Celestine Omehia had been derecognised as a former governor with all his privileges withdrawn. Igwe’s filling station had been shut down and others had their business premises closed. A member of the House of Representatives and ex-agitator, Farah Dagogo, who started Atiku’s campaign before the PDP primary election, spent a long time in prison and since he was set free had remained in Abuja.

    The governor had since signed Orders 21 and 22 into law. While Order 21 was enabled to stop all political campaigns in public schools without the permission of the Commissioner for Education, Order 22 was promulgated to parties from siting their campaign offices in residential areas without permission from the Commissioner for Land and Urban Planning.

    As part of his preparation for the battle ahead, the governor dissolved his cabinet and removed officials, who may have compromised their positions. He has adopted a slow and gradual process of reconstituting his cabinet.

    To further secure his territory, Wike rolled out a new strategy by appointing 200,000 special assistants to Polling Units, a move most people described as a political masterstroke. The appointments translated to 14 Wike’s loyalists in each polling unit.

    Indeed, Wike’s camp does not want to hear the name, Atiku, anywhere around Rivers State. Nobody dares paste Atiku’s poster anywhere in Rivers.

    The Spokesperson of the PDP Presidential Campaign Council in Rivers State, Dr Leloonu Nwibubasa, recently complained that thugs attacked some persons, who attempted to post Atiku’s campaign materials in the state. He said one of the victims was shot and called on the police to immediately begin investigations to arrest those behind the attack.

    Rivers State is the hub of the East. Rivers State is to the Southeast and Southsouth what Kano is to the North and Lagos to the West in terms of electoral strength, value-added and contributions to electoral victories of political parties and their candidates. Since 1999, Rivers has delivered the most votes to PDP presidential candidates in the two geopolitical zones.

    In the 2015 general election, despite the conspiracy within the PDP against the then President Goodluck Jonathan, who sought a second term in office, Rivers State delivered, 1 487,075 votes to him. The APC only managed 69, 238 votes, less than 25 per cent of the vote cast. In 2019 when Atiku contested the PDP secured its victory with 473, 971 votes while the APC got 150, 710 votes.

    In the current voters’ register ahead of the 2023 poll, Rivers ranks among the four states of Lagos, Kaduna, and Kano with the highest voting population. It is fourth in ranking with 3,532,990 voters.

    In fact, except the problem in the party is resolved, Wike seems determined to ensure that Atiku loses the state of Rivers. He seems to have made up his mind that the PDP presidential candidate will not smell up to 25 per cent of votes in the oil-rich state.

    Wike has yet to decide who among the presidential candidate he will support if the crisis in the PDP lingers till the election. The governor has insisted that he will only work for the state PDP candidates for the governorship, National Assembly and state House of Assembly.

    While hosting the Integrity Governors in a state banquet ahead of the November 19th campaign flag-off in the state, Wike declared that he was only interested in the PDP Rivers chapter.

    The governor insisted that Rivers State would no longer work for anybody, who refused to embrace justice, fairness and equity.

    Wike said he was only committed to working for PDP, Rivers State chapter adding that all his candidates in the state would win their elections. He said: “I am in support of PDP in Rivers State until you meet us. The governorship, the senatorial, the House of Representatives and the House of Assembly I will fully fight for them to win elections. Here, I will not support anybody who doesn’t like Rivers State. I will not support anybody who doesn’t want equity, fairness and justice. If you want Rivers State to support you, come and say you believe in equity and justice.

    “This state has sacrificed for the party and you must sacrifice for Rivers State. If you don’t sacrifice for Rivers, Rivers will no longer sacrifice for you. Rivers State will not die for anybody who doesn’t want to die for us. Let the world and Nigeria hear. This state will not continue to sacrifice for anybody. You must sacrifice for this state. We have suffered enough. We have worked for this party and we will not, it doesn’t matter what people will say. Death will come when it will come.

    “But you conspired to think that Rivers State will be no state and I tell you, no way. Like all of them here, you have not won the election and want to jail the Benue governor. You have not won the election and you want to jail the Enugu governor. You have not won the election and you want to jail the Oyo governor. God will not allow you. Because they stand for the truth and say they will support Wike, therefore all of them will come down. They will never come down. They cannot be governors again. Only Seyi (Makinde) will still be governor. He has worked for Oyo State and you cannot threaten him.

    “What have we done? We say by our party’s constitution, the presidential ticket should go here and the chairmanship position should go there. But you say no you will take everything, we also say no we won’t allow that. History will be on our side that we are saying the truth and nothing but the truth.”

    Without mincing words, Wike and his group of integrity governors will surely adopt their preferred presidential candidate for 2023, perhaps a few days before the election, the crisis remains unresolved. Analysts believe that it will be a tall order for Atiku to win the poll without Wike and his group.

    Oyo

    In the case of Oyo State, Atiku, a native of Adamawa State is married to a Yoruba woman, Mrs Titi Abubakar Atiku, who hails from Ilesa in Osun State. So, ordinarily, the PDP presidential candidate is relatively popular in the state. Atiku who was the party’s candidate during the last general elections in 2019 defeated incumbent President Muhammadu Buhari of the All Progressives Congress (APC) in the Southwest state in that election. Atiku polled 366,690 votes during the election, while President Buhari polled 365,229 votes. That was the opposite of what happened in 2015 when Buhari defeated the then-PDP candidate, Goodluck Jonathan by a wide margin.

    Thus, the PDP is a strong party in Oyo State. For instance, Senator Rashidi Ladoja who contested on the platform of the opposition party defeated the then-incumbent Lam Adesina in 2003. The party governed for eight years before the progressives returned in 2011. After eight years of the Action Congress of Nigeria (ACN), which later teamed up with other parties to form the APC, the PDP returned to power in 2019 when Makinde defeated the APC candidate Adebayo Adelabu by over 100,000 votes.  In essence, both APC and PDP have governed the state for 12 equal years since democracy returned to Nigeria in 1999. Both parties are so strong that it usually takes a coalition, formal or informal, for the opposition party to defeat the incumbent in Oyo State.

    But, with the division within the PDP, a cloud of uncertainty surrounds next year’s general election in Oyo, like in the other four states where the governors are at loggerheads with the party’s presidential candidate and the national leadership under Dr Ayu. Among the generality of the members and supporters of the party, the choice of Atiku as the PDP presidential candidate has attracted different reactions, particularly from prominent leaders of the party in the state. While some leaders have decided to look elsewhere and dump Atiku, others have decided to remain with him, the decision, The Nation gathered, has put some members of the party in a dilemma.

    With the current state of affairs, either Atiku or Makinde faces a potentially shameful defeat, depending on what would be the outcome of the election; given that both the National Assembly and presidential elections will hold on the same day. Should Makinde succeed in influencing members against Atiku, the presidential candidate stands the chance of losing in Oyo State. Should PDP leaders and members in Oyo State choose to be loyal to the party rather than the governor, Makinde faces a shameful loss as an incumbent governor.

    Makinde, who will also be on the ballot in March for re-election, has constantly restated that unless the demand of the G-5 is met, he will only work for PDP National Assembly candidates in the state.

    The governor is popular in the state. From meagre 60,000 votes in 2015 when he first contested on the platform of the Social Democratic Party (SDP), Makinde won the 2019 governorship election by polling 515,621 votes to beat the APC candidate Adebayo Adelabu who polled 357,982 votes.

    The sterling performance was made possible largely by the strong party platform and the coalition formed by all major parties against the APC in the last governorship election.

    But the coalition has since collapsed as two major leaders – Sen. Olufemi Lanlehin and Chief Sharafadeen Alli – were opposed to his leadership style. Both have since returned to the APC.

    Makinde, however, succeeded in keeping many other members of the coalition on his side. They include Sen. Monsurat Sunmonu and the team of African Democratic Congress (ADC) leaders who included former House of Representatives and House of Assembly members as well as SDP leaders.

    Nonetheless, several internal opposing forces have since risen against the governor, even before the Atiku and G5 debacle. They include a former deputy governor, Hazeem Gbolarumi, Ajibola Muraina, Femi Babalola, Chief Bisi Olopoeyan and Mulikat Akande-Adeola. The opposing forces have continued to maintain their stance against Makinde. But Akande-Adeola and Olopoeeyan have defected to other parties.

    The Atiku/G5 debacle has also given some silent opposing forces a voice. For instance, a former Minister of State (Federal Capital Territory (FCT), Ms Jumoke Akinjide, has joined forces with anti-Makinde leaders to declare their support for Atiku.

    The three senators currently representing the state are APC members; with the defection of Sen. Kola Balogun from the PDP shortly before the primary. In the House of Representatives, the APC won nine out of the 14 seats in the 2019 election, while the PDP won five. Feelers from many of the National Assembly candidates indicate that they are unwilling to go to the polls opposing Atiku. Their interpretation of the situation is that campaigning against Atiku will hurt their chances badly since the presidential and the National Assembly elections are scheduled to take place on the same day.

    “If we tell our people to vote for us but that they should vote for the presidential candidate of another party, we will be digging our grave,” one of them said.

    They are currently confused because they cannot openly say things or make moves that will injure Makinde’s interest or position having facilitated their emergence during the primary.

     The Nation learnt that the candidates believe in the cause of the G-5 but since politics is about personal interest, they are unwilling to stake their elections for the larger cause of ensuring inclusiveness in the PDP.

    Oyo State has 2,934,107 total registered voters out of which over 700,000 Permanent Voter Cards (PVC) are yet to be collected. An average of 940,000 voters have been participating in the exercise in the two elections.

    The Atiku/G-5 governors’ crisis is sure to affect the presidential election in Oyo State if it is not amicably resolved. Though The Nation has been unable to prove which presidential candidate Governor Makinde will work for in the election, the factor of ethnic loyalty will work in favour of the APC presidential candidate, Asiwaju Bola Ahmed Tinubu in the election. This means that the PDP candidate already has a disadvantage which the Atiku/G-5 debacle may further complicate if not resolved.

    Tinubu’s candidature will be buoyed by the increasing strength of the APC in the state, his influence among many community leaders, ethnic loyalty and the Atiku/G-5 crisis.

     Enugu

    From all indications, the PDP leadership in Enugu State is not bothered about who emerges as the next president of the country. The party only appears united in its determination to deliver votes for its National Assembly candidates whose election will be held on the same day the presidential election is billed to take place.

    Expectedly, in the party’s campaigns so far, not much is heard about Atiku, its presidential candidate. Governor Ugwuanyi is a committed member of the G-5 governors’ faction, which has sworn to work against the emergence of the PDP presidential candidate. Like the other G-5 governors, Ugwuanyi is secure in the knowledge that Enugu State will remain a PDP state beyond next year’s general election. Most members and supporters of the party appear unhappy with the fact that the PDP is degenerating into a northern party.

    The angst by the Enugu PDP, it was observed, stems from the fact that it had always given over 80 per cent votes to its presidential candidates since the return to civil rule in 1999. For instance, available records show that in 2015 out of the 616,112 voters that voted in the election, the PDP scored 553,003 votes. The APC came a distant second with 14,157 votes. That election had the former President Jonathan as the PDP candidate with the incumbent President Buhari as the candidate of the APC.

    Similarly in 2019, the presidential candidate of the PDP, Alhaji Atiku Abubakar polled a total of 355,553 votes to beat the APC candidate (Buhari) who secured 54,423 votes in Enugu State. In that election, with 1.9 registered voters, only 452,765 were accredited for the election.

  • Peter Obi knows that he can’t and won’t win, says Soludo

    Peter Obi knows that he can’t and won’t win, says Soludo

    In this piece, Governor Chukwuma Charles Soludo of Anambra State examines the chances of the Labour Party (LP) presidential candidate, Peter Obi, and counsels that unleashing social mob on critics and relying on propaganda tactics cannot take him far in his political ambition.

    My attention has been drawn to some of the tirades on social media following my frank response during an interview on Channels TV regarding the “investments” Mr. Peter Obi claimed to have made with Anambra state revenues. Sadly, several of the comments left the issue of the interview to probe or suggest motives, inferred from my response on “investment” that I am opposed to Peter Obi’s ambition and therefore committed a “crime” for which the punishment is internecine abuse and harassment even to my family. Some people even suggest that the gunmen who went to attack a checkpoint at my hometown on Saturday 12th November but were gunned down was part of the mob reaction. I used to think that for decent people, certain conducts are off-limits, and that in Anambra, politics is not warfare.

    Of course, as a Christian, I know that telling the truth can be very costly, even suicidal. Our Lord and saviour was crucified simply for telling the truth the people did not want to hear. I promised that I won’t be the usual politician, and will not knowingly lie to the people. I am not an Angel but rather than knowingly repeat the same deceitful character that politicians are known for, I would leave public office. It is a vow I made to my God and to my family. Only God knows how many days I will be on this seat but whether I am on it or not I will always say it as it is – knowing fully the suicidal consequences of telling the truth in a political arena, especially in a country where lying and deceit by politicians have become culture and celebrated as being “smart.”

    Ideally, I should just have laughed off the infantile exuberances as many friends advised (I am used to this, having been in the ‘Arena’ for a while). I always re-read the quote “The Man in the Arena…” by President Theodore Roosevelt (1910) to remind myself of the burden of public office. Several well-meaning Nigerians and Ndigbo called to advise that I should just ignore them. A respected Igbo elder statesman, who called, advised that I should just ignore what he described as “Peter Obi and his social media mob.” According to him, “everyone knows that he is going nowhere, but they are looking for who to blame.” After some 20 minutes of discussion, he advised that I should personally author a response – just for the records.

    Everyone knows that I don’t follow the winds or one to succumb to bullies, nor shy away from a good fight especially when weighty matters of principles and future of the people are involved. One lesson I learnt from my former boss and mentor, (former) President (Olusegun) Obasanjo, is never to be on the fence. I learnt that one must always take a stand: for better or for worse. I do so with every sense of humility, and leave history to judge. Most people have commended me for “tactfully avoiding being drawn into the Peter Obi issue” until now.  Since I am now being forced into the Arena on this matter, I have a duty and a right of reply, if only for the records, and to also give the social media mob something substantive to rant upon and rain their abuses for weeks. In this preliminary response, there are some things I will refrain from saying here because, in the end, February/March 2023 will come and go, and life will continue.

    At the outset, let me state that this exhibition of desperation, intolerance and attempt to bully everyone who expresses the slightest of dissent is reprehensible. This is Hitler in the making. When the revered Arch Bishop Chukwuma stated that in Enugu State, they were not obedient, he was ferociously bullied on social media. Any dissent is tagged a saboteur or, in my case, it could be that I want to contest for president after office or that I am envious of Peter Obi. Soludo envious of Peter Obi? Totally laughable! But this is the same person I was asking to return to APGA in March 2022 and contest for president and yet envious or doesn’t want him to be president. This is madness! Seriously speaking, the obdurate attempt to muscle the republican Igbos to maintain the silence of the graveyard is antithetical to everything Igbo. It is not who we are. Insulting other ethnic groups and religions or denigrating others is certainly not the path to Aso Rock. If this is not checked, it may indeed endanger the future political and economic interests of the Igbos.

    In his time, Dr. Nnamdi Azikiwe was the undisputed all-time leader of the Igbos but he had his arch rivals and even independent candidates won landslide elections against his party, NCNC, in Igboland. Obafemi Awolowo had stiff opposition among the Yorubas while Ahmadu Bello had his share of opponents in the Northern region. Today, no one has accused Afenifere or other strong presidential candidates from the South-west of being “anti-Yoruba” because Tinubu is a frontrunner, nor has anyone accused (Rabiu) Kwankwaso and several other Northern candidates of being “anti-North” for not supporting Atiku. As a full blooded republican Igboman and democrat, I reject this despotic intolerance.

    Yes, I fully understand the anger of some urban and Diaspora youths and some Nigerians who are dissatisfied with the trajectory of the country or with the candidates of the major parties and wished other options. Not knowing much about others, some see Peter Obi as the contrast they wished for. I get the point. But this is a democracy: the minority will have their say, but the majority their way. Translating anger and social media agitation into political outcomes requires humongous work.

    For full disclosure, let me state that Peter Obi and I are not just friends, we call ourselves “brothers.” But we have political differences: he left APGA for PDP after his tenure as Governor while I have remained in APGA since 2013. During the last two governorship elections in Anambra in 2017 and 2021, he led the PDP campaigns but APGA won landslide in both elections. By the way, in 2016, he visited and proposed that I defect to PDP and contest the 2017 election against the incumbent Willie Obiano, but I declined. After my victory in November 2021, he called to congratulate me as I did to him in 2010. That is the Anambra way: we fight fiercely during campaigns but share drinks at the next social events. After all, it was the great Zik of Africa who taught us that in politics, there are no permanent friends or permanent enemies but only permanent interests.

    We sat next to each other during the Emeka Anyaoku lecture at Nnamdi Azikiwe University on 8th March, 2022, and I made an offer for him to return to APGA and contest as its presidential candidate. Yes, I did. In my mind, it was time for Igbos to organise their region politically before stepping out to bargain power with other organised coalitions. On his part, he tried to convince me that he expected APC to unravel; while PDP would be the “only one” standing. We debated and he proposed that we could meet later to discuss further. He attended my inauguration on March 17.  A few weeks later, he requested and I obliged him to use the Anambra State government house facility to launch his presidential bid under PDP.  I was surprised to read in the news later that he had defected to LP (a party with literally zero structure), thereby attempting to weaken the same PDP he saw as the saviour a few weeks earlier. He paid me a courtesy call as the presidential candidate of LP, and we had frank discussions.

    During our meeting, I reminded him of my proposal to him to come and contest under APGA. More importantly, I told him (possibly to his surprise) that I did not make the proposal in the belief that he will win in 2023 but that it would give us the opportunity to get our people organised as a bargaining force, with him leading the effort since I was busy as Governor (my immediate predecessor, Willie Obiano had indicated to me that he was not disposed to contest an election). We noted that we were in opposing political parties and in response to my direct question as to how I might help him, he requested that I should just ensure a “level playing field” and let the people decide. In fidelity, my government has provided the atmosphere for him and his supporters to operate freely in Anambra without any molestation (compare with treatments to LP even in other South-east states), and allowed his billboards which are, in many places, wrongly placed almost on the roads.  As a person, I have several shortcomings but being petty is not one of them. We have shown him tremendous goodwill—which he did not extend to the same Labour Party when he was Governor (Senator Ifeanyi Ubah, as LP governorship candidate in 2013 was denied the use of Ekwueme Square for his rallies).

    Someone reminded me that a mob has no head and hence, cannot reason. The same Peter Obi was one of those who told Ndigbo that APGA was the vehicle through which Igbos would organise to engage the rest of Nigeria politically. He was said to have sworn to Ojukwu and publicly that he would quit politics the day he leaves APGA. The rest is history. When he was the Vice-Presidential candidate under PDP in 2019, the emotive train then dubbed the ticket “the Igbo project.” As then chairman of planning and strategy committee of Ohanaeze Ndigbo Worldwide, I cautioned for a more pragmatic approach but the emotive blaze of the time held sway. We were vindicated afterwards.

    By the way, APGA is Nigeria’s third largest political party today (after APC and PDP, it is the only other party with a state governor and third largest presence at the National Assembly). And some people have the temerity to suggest that APGA’s candidate should “step down” for Peter Obi as the “Igbo candidate.” I wonder when Igbos met to choose a candidate. They even argue that after all APGA supported President Jonathan and did not field a candidate then. Well, the fact as I was told was that no candidate showed interest under APGA then. Besides, APGA’s unwritten rule then was to support the party at the centre – which, if we apply this time, should actually be APC. But we have our own candidate. Recall that all the political parties had their primaries during the same period. Once Peter Obi realised that he won’t get the presidential or vice-presidential ticket of PDP, he ran to Labour Party (a political party known as a transit camp for aspirants who lost primaries in APC, PDP and APGA), and the chorus by a vociferous minority now is that LP has become the “Igbo project,” and the APGA candidate who emerged the same time as Peter Obi should “step down.” Ridiculous! Now I truly understand that a mob cannot reason.

    When will Ndigbo understand and learn politics, especially of Nigeria? When Bola Ahmed Tinubu defied the political wind of the time and stood out as the “only man standing” in AD and later AC (before ACN) against a sitting president of Yoruba descent, no one accused him of being “anti-Yoruba.” Indeed, everyone recalls that both Tinubu and President Obasanjo disagreed politically, and probably still disagree – but none is being accused of being “anti-Yoruba.” Under Tinubu, the South-west strategically organised under a different political party, the ACN and went into a formidable alliance that kicked out a sitting president (in Africa?), and that alliance is not broken yet. Igbos, in their frenzied Nzogbu nzogbu politics, have sadly found themselves in a political cul-de-sac. Tragic indeed! When will my people smell the morning coffee?

    Let me now address the substance of my response during the interview, and I stand by what I said. On record, I doubt that any governor in Nigeria has paid as much tribute to his predecessors as I have done during campaigns and in office. I always said that ALL of them did well and to the best of their abilities. Yes, Peter Obi was governor for 8 years (2006 -2014) during a period of unprecedented oil boom and prosperity in Nigeria (Nigerian economy was growing at average of 6-8% per annum, and oil price was highest during this time). I have seen all kinds of funny comments and interpretations regarding what I said about the value of his “investments.” Some refer to SabMiller and bandy all kinds of figures as to how the investment of $12 million is now worth less than $3 million. Of course, there is room for legitimate debate about the logic or quality of the investments. For example, people might differ as to the propriety of using taxpayers money to promote a company in which one is a shareholder in the name of “investment,” or even whether so called “savings” are warranted when there were dozens of schools without roofs or classrooms, or local governments without access roads or hospitals without doctors/nurses. A Bishop recently publicly advised that I should please try to construct the “Ngige type of quality roads,” stating that the ones done by his successor (that is, Peter Obi) had washed off, while Ngige’s remained. I promised and we are delivering quality roads that Anambra has not seen before.

    For sure, prudence in public resource management is desirable and we are opening new frontiers in that area. People will however differ as to whether saving money in the bank account is a KPI (key performance indicator) for a government where poverty is escalating except where its institutions for absorption are weak or where the government has no robust/big agenda for transformation. Governments exist to save lives, not to save money. We can debate and differ on this – (by the way, I know when/how it is appropriate to “save” as I built Nigeria’s foreign reserves from $10 billion I inherited to all time $63 billion, and even after paying $12 billion to pay-off Nigeria’s external debt and going through unprecedented global financial crisis, I still left behind about $45 billion – Go and verify!).

    Funny, in the rabid frenzy to grab every straw, they cut a clip during our governorship debate where I was stating vital statistics and they claimed that I was “praising” Peter Obi then while committing a crime now by “criticising” him. Hahahaha! Well, it is true that I said during the debate that, according to National Bureau of Statistics, poverty in Anambra actually grew (from less than 25% in 2005) to about 53% under Peter Obi in 2010/2011 but fell under Willie Obiano to 14.78% in 2020. Yes, poverty more than doubled under Peter Obi and more than 50% of Ndi Anambra were in poverty under him. Go and verify! I am Governor, and sitting on privileged information which I will not want to use against a political opponent. But on matters of facts, I will always state same as is. As the saying goes, you can fool some of the people some of the time but never all the people all the time. Enough said for now!

    Where do we go from here? I listened to my friend Governor (Nasir) El-Rufai on TV explaining why the northern governors decided that power should shift to the South. According to him, they asked themselves what would their founding fathers – Ahmadu Bello, Tafawa Balewa or Aminu Kano have done in the circumstance? Today, I ask my people, Ndigbo: do we ask what Azikiwe or M.I. Okpara or Akanu Ibiam would do in the present circumstance? I worry that Ndigbo as Nigeria’s foremost itinerant tribe and with the greatest stake in the Nigerian project does not yet have a strategy to engage Nigeria – politically! Every four years, we resurface with emotive Nzogbu Nzogbu political dance (“it is our turn dance” but without organisation or strategy) and fizzle out afterwards; while others work 24/7 strategising and organising.

    Let’s be clear: Peter Obi knows that he can’t and won’t win. He knows the game he is playing, and we know too; and he knows that we know. The game he is playing is the main reason he didn’t return to APGA. The brutal truth (and some will say, God forbid) is that there are two persons/parties seriously contesting for president: the rest is exciting drama! That many Americans may not like the fact that Joe Biden (79 years) and Donald Trump (76 years) are two frontrunners for president in their parties does not remove the fact that if both of them emerge as candidates, definitely one of them will be president in 2024.

    As my brother, I wish him well and even pray for him. I told him during his courtesy call that my prayer is that himself or Prof Umeadi of APGA would win, why not? That is from my heart, but I also told him that my head and facts on the ground led me to know that it’s probability is next to zero (what I cannot say before you, I won’t say behind you). So I already told him my opinion. Indeed, there is no credible pathway for him near the first two positions, and if care is not taken, he won’t even near the third position. Analysts tell him you don’t need “structure” to win. Fantasy! Of course, LP won governorship elections in Ekiti and Osun on social media and via phantom polls, while getting barely 2,000 votes on the ground. Creating a credible third force for presidential election in Nigeria requires a totally different strategy and extreme hard work.

    Of course, Peter Obi will get some votes, and may probably win in Anambra state – as “home boy.” But Anambra is not Nigeria. If he likes, I can even campaign for him but that won’t change much. From internal state by state polling available to me, he was on course to get 25% in 5 states as at August this year. The latest polling shows that it is down to four states, and declining. Not even in Lagos state (supposed headquarters of urban youths) where Labour Party could not find candidates to contest for House of Reps or Senate. The polls also show that he is taking votes away mostly from PDP. Indeed, if I were Asiwaju Tinubu, I would even give Peter Obi money as someone heading one of the departments of his campaign because Obi is making Tinubu’s pathway to victory much easier by indirectly pulling down PDP. It is what it is!

    The current fleeting frenzy, if not checked, will cost Ndigbo dearly for years. The South-east has the lowest number of votes of any region, but it is also the only region where the presidential race might be a 4-way race (it is a two-way race in the other 5 regions), thereby ensuring that our votes won’t count in the making of the next president of Nigeria. Afterwards, we would start complaining that we don’t get “what we deserve” or cry of marginalisation. During the 2019 presidential election, the five South-east states were united for PDP but contributed merely 1.6 million votes to PDP which was about the votes that Kano state gave to Buhari. The emotions might run to heavens but politics-power is about cold calculations, organisation and building alliances for power. In a democracy, it is a game of numbers. So far, I don’t see any of these – and 2023 might again be a wasted opportunity for Ndigbo! What is our Plan B when Peter Obi loses in February 2023? Some people prefer that we should play the Ostrich while Peter Obi toys with the collective destiny of over 60 million Igbos. Yes, you pray that he wins, but what if he fails as he is certain to? The Bible says that my people perish for lack of knowledge. As the saying goes, only those who plan can control the future. Ndigbo, wake up and smell the coffee!

    What would Zik of Africa or M.I. Okpara do in this circumstance? Our founding fathers understood that in politics, you don’t get what you deserve but what you bargain/negotiate, and you negotiate with your organisation and VOTES. Not social media militancy or bullying (where over 90% of actual voters are not on social media)! Our fathers built alliances with other major political parties in other regions (not with socio-cultural groups that don’t command any votes), and Ndigbo were in the reckoning in the first and second republics. After the elections, we will see how many votes any of the leaders of the socio-cultural groups will get for Peter Obi from their wards. Sometimes I even sense a conspiracy to nudge us on a path to nowhere thereby further pushing us into irrelevance, and I pray that I am wrong. Just my two cents!

    It is not too late for Ohanaeze Ndigbo and progressive Igbo leaders to pre-emptively start charting a pragmatic future for Ndigbo in Nigeria after the elections.  Armchair social media analysts can have the luxury of fantasizing with wild speculations. Right or wrong, they earn their pay and with no consequences. For us as leaders, the lives of tens of millions are at stake. We have a historic duty to act and being silent or politically correct is not an option. For starters, Ohanaeze should study the report of my committee (planning and strategy) in 2019. It may still be relevant today. Second, Ndigbo should seriously study the MoU signed at the Yar’Adua Centre in 2010. The leader of Igbo Political Association, Chief Simon Okeke and our members are still there. Thirdly and for me, Ndigbo should strategize and bargain especially with the TWO candidates likely to be president on at least four central issues:

    (A) Lasting peace and security in the South East, including the release and engagement with Nnamdi Kanu; (B)South East Economic transformation agenda and the FGN’s Marshall Plan for the South East as promised since the end of the Civil War (the post war ‘reconstruction’). We appreciate the Second Niger Bridge and recent contract for MTN to reconstruct the Onitsha-Enugu expressway. But the rail-lines to the five state capitals, speedy access to the sea, highways linking South East to the North and South South, addressing our existential threat as gully erosion capital of Africa, Free Trade and Export Processing Zones, etc; (C) Restructuring Agenda for Nigeria that devolves powers/resources to the subnational entities and in which it would no longer matter where the President comes from; (D) Levelling the playing field for the unleashing of the private sector and the full participation of Ndigbo in the economic and governance space; etc.

    To conclude, let me once again wish my brother Peter Obi good luck. He should have fun and enjoy the fleeting frenzy of the moment. But he must moderate the desperation as exhibited by his social media mob. There is a limit to propaganda. A mob action often reflects the character of its leader. No one has a monopoly of social media violence, and no one should play God. Life won’t end by February/March 2023. I hope that after February 2023, Peter Obi will return to APGA (the party that made him everything he is politically) as I offered him on 8th March, 2022 and begin the hard work, if he truly wants to be president of Nigeria. It won’t happen by desperately jumping from one party to another or by unleashing a social media mob on everyone who slightly disagrees with you. I decided to pen my views personally – again for the records. On this, I don’t mind being a one man minority. As history beckons, my conscience and sense of duty to my people dictate that I should never be silent. I will happily accept the judgment of history for standing by the truth!

  • Experts provide tips for diabetes prevention and care

    Experts provide tips for diabetes prevention and care

    Today, as the world marks the World Diabetes Day (WDD), experts are worried that the silent killer of mankind is assuming a more dangerous public health crisis in Nigeria and around the world. CHINYERE OKOROAFOR reports that more than eleven million Nigerians – three in ten adults – are living with diabetes, with the nation facing a situation akin to a ticking time bomb.

    In medical world, diabetes is dubbed the “silent killer” because it causes a slew of additional problems in patients. As a result, medical experts often preach the gospel that it’s critical to keep diabetes under control in order to avoid the complications that come with it. Reason: If diabetes is discovered early, it can be effectively treated. Unfortunately, diabetes is often taken for granted by many individuals because it doesn’t manifest easily as a health challenge, most times until when it is almost too late.

    It is as a result of this that Mega Lifesciences, a leading pharmaceutical company embarked on a sensitisation of residents of Lagos State to the dangers of the ailment that could be life-threatening, most times. The pharmaceutical giant used the sensitisation programme to commemorate the World Diabetes Day, being its 9th edition of the diabetes education and awareness campaign.

    During the event, medical experts called on Nigerians to take advantage of this year’s sensitisation to the dangers of diabetes, its prevention and care tips to take care of their health. This, they said, would engender better management of the ailment.

    The World Diabetes Day is celebrated every November 14 as a global awareness campaign to draw attention to diabetes, a non-communicable but long-lasting disease condition known to be one of the major health and development challenges of modern times. It is largely preventable and it affects individuals of all ages. The theme of this year’s celebration, “Education to Protect Tomorrow,” under the combined theme of the World Diabetes Day 2021-23 campaign “Access to Diabetes Care,” was aimed at raising awareness around the fact that millions of people living with diabetes around the world do not have access to diabetes care.

     

    Diabetes patients require constant care and support – experts

     

    Experts say that diabetic patients require constant care and support to manage their condition and avoid complications. Nine in 10 of diabetics have the Type 2 variant, a lifestyle disease linked to obesity and unhealthy living. The Type 1 variant is an unpreventable autoimmune disease that develops in childhood.

    The Head of Business of Mega Lifesciences, Amit Raghunvanshy, said Mega Lifesciences’s initiative tagged, “Good health by yourself,” is a platform where Nigerians can check their health on the pharmaceutical company’s website. “As the word is explanatory, you can see good health; you are taking care of your own health, and you are responsible for your health. I have realised that if you keep on talking to someone to live a healthy lifestyle, they will not change unless they decide on their own and shun a crummy lifestyle, especially as it pertains to diet; then only will it happen.

    “So, you have to take your health into your own hands. That is very important. Based on that, we have created a website (www.ng. megawecare.com) where one can check one’s levels of health. “On that website, one can register oneself for free and one can get health-related newsletters. You can see there are free tools, which are international tools. You can check your basal metabolic rate that is BMR. You can check your BMI, you can check your heart rate and you can check other conditions also even prostate. Not only on diabetes but also about other health conditions such as prostate enlargement; this is also a top issue in Nigeria,” he said.

    He also hinted that the company is dedicated to assisting Nigerian doctors in research. Explaining what diabetes is as well as the symptoms and prevention, Dr Akinyele Akinlade, Senior Consultant Physician/Endocrinologist at the General Hospital, Odan, Lagos, said Nigerians should stop being too spiritual and face reality when they are being diagnosed with diabetes. According to him, too much intake of Coca-Cola or sugar is not necessarily what causes diabetes, but the inability of insulin to move glucose into the cells so that the cells can use the glucose to generate energy.

    “We need to get what diabetes is because when you tell someone that he has diabetes, the first thing he says is ‘I don’t drink coke, I don’t take sugar.’ We get diabetes not because we drink coke, not because we take too much sugar, not because we eat eba or amala. When we say someone has diabetes, what we actually mean is that the person’s body is not able to deal with the sugar that the body generates from the food that person has eaten.

    “No matter what meal you take, it eventually gets broken down to become sugar, fat and protein. And the essence of all these molecules is to help the body to generate energy and there is one chemical that our body produces which is called insulin. The role of insulin is to move this glucose into the cells so that the cells can use the glucose to generate energy. And it is when the body is able to generate the energy that we’re able to do all the things we are able to do,” he said.

     

    Types of diabetes and the risk factors

     

    The two main types of diabetes, according to Akinlade, are Type one and Type two. In Type one, which is common in children, the body doesn’t produce insulin at all while in Type two, the body produces insulin, but the quantity it produces is inadequate. “So the sugar still builds up in the blood.”

    He added that sometimes when women get pregnant, their blood sugar levels start to rise as a result of the pregnancy. “For expectant women, they are diagnosed to have what we call gestational diabetes. Once they are delivered of their babies, their blood sugar goes back to normal. But what we must note is that any woman who has had gestational diabetes or diabetes during pregnancy, later in life, that person is most likely to also develop diabetes.

    “So, there are other forms of diabetes, which can happen if you have a problem with the pancreas, liver, misuse of drugs like steroids; some anti-hypertensive drugs can also lead the blood sugar to go up and so forth, but they are not as common as type one. Type Two is the most common. Worldwide, the number of diabetes is more than 500 million as of the last count in 2021. In Nigeria, we have more of young people who have diabetes. But we know from our practice, that this number is not correct. We probably have more than that number,” he said.

    While encouraging people to always check their blood sugar level, Akinlade added that 50 per cent of people who have diabetes don’t even know that they have it. “The intriguing thing about diabetes is that 50 per cent of people who have it don’t know that they have it. And that’s why we encourage that when patients come to the hospital, no matter what they want to complain about when their test is being carried out, a blood sugar check should be part of it. Because we’ve been able to diagnose so many people who didn’t even come with complaints of diabetes,” he said.

    While highlighting the symptoms of diabetes, Akinlade said those who are fortunate may start noticing that they are passing a lot of urine. “They wake up in the night to pass urine more than four or five times. They notice that they pass a large volume of urine or sometimes some people just notice that when they pass urine and it drops on the floor, ants gather around the urine.

    “The only thing some people may notice is that they drink plenty of water while they are losing weight. Or they notice that their vision is getting blurred. Some people may notice that they have a toothache, recurrent boils or frequent vagina discharge. When you notice any of these symptoms, surely if you have a family issue, you should be checking for diabetes.

    “The sad part is that many people ignore the symptoms until they develop complications. You know when you develop complications of diabetes; most times it is not reversible. Many times for many people, the first time they get to know that they have diabetes is when they have a foot that is not healing and they need to go to the hospital. That’s number one. Number two is you also notice that we’re all growing bigger or fatter, simply because we’re not exercising as we used to,” he said.

    For those who didn’t develop diabetes during their active life, Akinlade said the risk of developing diabetes is high as they grow older as a result of inactivity. “If you have a family history, chances of developing diabetes are also higher. So, for those of us who have parents, or a parent who already has diabetes, or a brother or a sister who has diabetes, we also have a risk of developing it and when we notice, when you see your mother or your father, being very careful with certain food, running away from drinking coke, fanta, malt and all that, you also need to follow them because that is a healthy lifestyle. Diabetes is now preventable. We have to ensure that we watch our weight and exercise very often. Also, regular blood sugar checks are very crucial.”

    On the complications that may arise when we have diabetes or we don’t manage it well, Akinlade said: “Diabetes affects every part of our body. It can cause a stroke. It can cause blindness. It can cause a heart attack. It can cause amputation. But we can avoid this stage if we manage our diabetes well. It can also lead to infertility, not only in women but also in men. So, if we manage it well, we can prevent all these complications.”

    A Senior Lecturer at the College of Medicine, the University of Lagos/Honorary Consultant Paediatrician to the Lagos University Teaching Hospital, Dr Elizabeth Eberechi Oyenusi, said people who have been diagnosed with diabetes need the information and education to know what to do, adding that the management of diabetes depends on the patient.

    “The first access to education is for the person who is predisposed to diabetes. So, the person diagnosed with diabetes needs the information and education to know what to do. Diabetes is one of those conditions that their day-to-day management depends on the patient.”

    She recounted how a diabetic patient suffered the amputation of the leg because she didn’t get appropriate education on the complication of diabetes. “I’ve seen a diabetic patient whose son was getting married. She had to wear an ill-fitting shoe, and by the time she came back from the ceremony, she had a wound on the leg and she didn’t take it seriously. And by the time she came to the hospital, the wound has spread so much that they needed to be cut off. Instead of just cutting it when it was just the toe she waited until it got above the knee that the amputation had to happen. This didn’t need to happen if she had enough education about not wearing ill-fitting shoes, for example,” she said.

    The Product Manager of Diabetes Care, Mega Lifesciences, Adedayo Aremu, said the pharmaceutical company has reached over 200,000 people in its quest to educate them on diabetes prevention and care. “Mega Lifescience is a company that is dedicated to wellness and Nigerians are very interested in it. That is why we are committed to various wellness education projects. One of them is the patient education process. In the last five years, for example, we’ve been able to reach out to no fewer than 200,000 in our quest to educate them on diabetes,” she said.

  • Steering Africa to prosperity through the Trans-Saharan gas pipeline

    Steering Africa to prosperity through the Trans-Saharan gas pipeline

    Globally, the transition to cleaner energy is on the front burner. Recent developments indicate that Nigeria, through the Trans-Saharan Gas Pipeline; Nigeria-Morocco Gas Pipeline, and Ajaokuta-Kaduna-Kano, may be launching a renewed double assault in the direction of the abundant gas reserves to drive the global energy transition. By extension of partnerships, other African countries are also to benefit, thereby becoming strong players in the global gas market, MUYIWA LUCAS writes.

    “There is opportunity in adversity” as a maxim may be playing out for Nigeria and some African countries. This is so because, currently, the world’s attention has focused on the transition to renewable energy.

    Amid the ongoing Russia/Ukraine conflict, Nigeria’s Minister of State on Petroleum Resources, Timipre Sylva seems to have seen the inherent opportunities.

    Not ready to miss out on such openings, Sylva, in March, while receiving a delegation of the European Union (EU) Ambassadors led by Samuela Isopi, EU’s Ambassador to Nigeria and the Economic Community of West African States (ECOWAS) in his Abuja office, was quick to market the potential of the country and continent in the area of gas supply to Europe.

    “Nigeria is ready to step in as an alternative gas supplier to Europe in the absence of supplies from Russia,” Sylva said. This much he said in the face of Russia’s continued threat of cutting gas supply to European countries.

    His suggestion is not misplaced. After over four decades of abandonment of the Trans-Saharan Gas Pipeline Project (TSGP), life appears to have returned to the project which seeming was moribund as it received a fresh breath at a meeting of ECOWAS Mining and Petroleum Forum last February in Niamey, Niger Republic. It has also further rekindled hopes of better prospects for the continent.

    The TSGP, a partnership among Nigeria, Niger and Algeria, will enable Europe to tap directly into the three countries’ significant natural gas reserves, helping it to diversify its supply sources while creating critical sources of revenue for African gas markets.

     

    Reserve

     

    Sylva may have aptly captured the capacity of Nigeria and African countries to feed Europe with gas, especially when it is considered that the country has one of the biggest gas reserves in the world with an estimated reserve of 206 trillion cubic feet (tcf), and a possibility of getting up to 600 tcf if fully exploited.

    This size positions Nigeria to take a chunk of the gas market to Europe where Russia currently supplies about 30-40 per cent of the EU’s gas needs.

    As of the end of last year, natural gas reserves in Africa totalled over 620 tcf, with Nigeria accounting for the largest reserves in the continent, while North Africa accounts for nearly half of the continent’s total gas reserves, with Algeria concentrating the highest amount, some 159 tcf.

    A researcher at Statista, Lars Kamer, noted that natural gas reserves in Africa will last around another 55.7 years before being depleted if the present level of production is maintained.

    He argued that in 2020, the African Continent generated 231 billion cubic meters of natural gas. This represented a growth of more than 70 per cent in the output level in comparison to that of 2000.

    Currently, Algeria is the main natural gas producer in Africa, followed by Egypt and Nigeria.

     

    Channelling to wealth

     

    Checks revealed that as of 2020, Africa’s natural gas exports amounted to over 95 billion standard cubic meters, with Algeria, Egypt and Nigeria as major exporters.

    Most of the African gas exports arrive in Europe, which absorbed 60 per cent of the gas exported from Africa in 2019, via pipelines or as Liquefied Natural Gas (LNG). Algeria’s gas exports, for instance, were destined almost entirely for Italy and Spain.

    Kamar noted that the geographical proximity of Algeria to Europe makes the North African country a strategic supplier–although stagnating production levels and lack of infrastructure impose challenges for increasing the trade level.

    Perhaps, aware of this infrastructural challenge, Nigeria, Niger and Algeria approved a roadmap to develop the 30 bcm/year Trans-Saharan Gas Pipeline (TSGP) between Warri in Nigeria and Hassi R’Mel in Algeria, passing through Niger.

    The project, estimated to cost $13 billion aims to link Europe to the three countries’ natural gas reserves. The pipeline will be 4,128 km long, viz 1,037 km in Nigeria; 841 km in Niger and 2,310 km in Algeria. This project is regarded as an opportunity to diversify the European Union’s gas supplies.

    The TSGP will also allow the supply of the regions of the Sahel countries. This project has been reactivated in a geopolitical context marked by strong international demand for gas and oil and a surge in prices after the war in Ukraine began eight months ago.

    Algeria, whose proven natural gas reserves supplied around 11 per cent of the gas consumed in Europe before the war in Ukraine, compared with 47 per cent for Russia, is the first African exporter of natural gas and the seventh in the world.

    Of the 257.5 bcm of gas extracted in Africa in 2021, Nigeria contributed 45.9 bcm translating to nearly 18 per cent. Additionally, out of 75.3 million tons per annum of Africa’s gas liquefaction capacity, Nigeria contributes 22.2 mtpa, as the country is home to a plant that makes up nearly 66 per cent of sub-Saharan Africa’s total LNG production capacity of 33.8 mtpa.

    The Federal Government has said the project presents a huge opportunity for the country.

    Sylva said: “This project is going to take the gas all the way from where it is produced, to the European market. And it cannot be a better time, because gas prices are quite firm at this point. I believe that it is a very good time for us to take advantage of very high gas prices globally.”

     

    Development, plans, revival

     

    On January 14, 2002, the then Nigerian National Petroleum Corporation (NNPC) and Algerian National Oil and Gas Company (Sonatrach), signed the Memorandum of Understanding (MoU) for preparations of the project and three years later, both parties signed a contract with Penspen Limited for a feasibility study of the project. The feasibility study was completed in September 2006, and it found the pipeline to be technically and economically feasible and reliable.

    Still, in February 2009, NNPC and Sonatrach agreed to proceed with the draft MoU among three governments and the joint venture agreement. The inter-governmental agreement on the TSGP was signed by energy ministers of Nigeria, Niger and Algeria on July 3, 2009, in Abuja. Similarly, on July 28 2022, the Algerian, Nigerian and Nigerien ministers of energy signed an MoU for the implementation of the TSGP project, co-signed by Sylva, Algerian Minister of Energy and Mines, Mohamed Arkab, and Nigerien Minister of Energy and Renewable Energy, Mahamane Sani Mahamadou at the end of the work of the third tripartite ministerial meeting held in Algiers.

     

     Route

     

    The pipeline will start in the Warri region in Nigeria and run North through Niger to Hassi R’Mel in Algeria.

    In Hassi R’Mel, the pipeline will connect to the existing Trans-Mediterranean, Maghreb–Europe, Medgaz and Galsi pipelines. These supply Europe from the gas transmission hubs at El Kala and Beni Saf on Algeria’s Mediterranean coast. The length of the pipeline would be 4,128 kilometres (2,565 miles): 1,037 kilometres (644 miles) in Nigeria, 841 kilometres (523 miles) in Niger, and 2,310 kilometres (1,440 miles) in Algeria.

     

      Operator

     

    The pipeline is to be built and operated by the partnership between the NNPC and Sonatrach. The company would include also the Republic of Niger. Initially, the NNPC and Sonatrach would hold a total of 90 per cent of shares, while Niger would hold 10 per cent.

    Russian gas company Gazprom was said to have negotiated with Nigeria about its possible participation in the project. Also, Indian company GAIL, France’s Total S.A., Italy’s Eni SpA and Royal Dutch Shell have expressed interest in participation in the project.

    A former Algerian Energy Minister, Chakib Khelil noted that “only partners that can bring something to the project, not just money, should be there.”

    Energy ministers of Algeria and Nigeria have said that “if things go well, there will be no need to bring international oil companies into the project” and “if the need for partnership in the project arises, not every partner will be welcome on board on the project.”

     

    Rival pipeline

     

    With the takeoff of the TSGP foot-dragging, Nigeria, in May 2017, signed an agreement with Morocco to build the Nigeria-Morocco Gas Pipeline, which would carry natural gas from Nigeria through 13 West African countries, up to Morocco and Spain. This development was considered a major death knell on the TSGP.

    The rival project, known as the Nigeria-Morocco Gas Pipeline Project (NMGP), launched last month, already has a signed MoU between the two countries and the Economic Community of West African States (ECOWAS), is seen as a significant step in fulfilling Nigeria’s drive toward harnessing the country’s abundant gas resources.

    The NMGP pipeline is 5,600 kilometers (3,480-mile) in length and will run across 13 African countries and provide gas from Nigeria to West African countries through Morocco and subsequently to Europe. The pipeline will originate from Brass Island in Nigeria and terminate in the North of Morocco, where it will be connected to the existing Maghreb European Pipeline that originates from Algeria, via Morocco, to Spain.

    Once completed, the project will supply about three billion standard cubic feet of gas per day (3bscfd) along the West African Coast from Nigeria, Benin, Togo, Ghana, Côte d’Ivoire, Liberia, Sierra Leone, Guinea, Guinea Bissau, Gambia, Senegal and Mauritania to Morocco.

    The Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari described the signing as a very important milestone. He expressed appreciation to Nigerian President Muhammadu Buhari and King Mohammed VI of Morocco who entrusted NNPC and the Moroccan National Office of Hydrocarbons and Mined (ONHYM) with the “strategic project.”

    He said both countries stand to benefit from the project which extends beyond the supply of gas to energise countries along the route.

    “Some of the benefits include the creation of wealth and improvement in the standard of living, integration of the economies within the region, mitigation against desertification and other benefits that will accrue as a result of the reduction in carbon emission,” he said.

    The NMGP is aimed at monetising Nigeria’s abundant natural gas resources to generate additional revenue for the country, diversify its gas export routes and eliminate gas flaring.

     

    AKK project

     

    “We are already building gas infrastructure such as the Ajaokuta-Kaduna-Kano (AKK) pipeline project, expected to take gas to Algeria, and the West Africa Gas Pipeline project designed to take gas to Morroco,” Sylva said.

    In July 2020, Nigeria officially launched the construction of the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project, which links the Southwest of the country to the North. The AKK gas pipeline will deliver 3.5 bcf/d (99mcm/d or 36.1 bcm/year), of gas from several gas projects in the South of the country.

    In the first phase, it will supply 2.5 bcf/d (57mcm/d or 20.7bcm/year), to domestic customers. Developed by the Nigerian National Petroleum Corporation (NNPC) using a build-and-transfer model, the pipeline is part of the TSGP project.

     

    Commendation

     

    While a critical issue for the TSGP is finance, for which Sylva has said funding the over $13 billion project will come from Europe, stakeholders across the continent have not ceased to praise the revival of the TSGP.

    For instance, the African Energy Chamber, a group that promotes cross-border cooperation in the continent’s energy industry, praised the rebirth of the project.

    The Executive Chairman of the African Energy Chamber, N.J Ayuk said the project would help Africa to contribute to the sustained and diversified supply that consuming countries are looking for, particularly the European Union, which is its market of proximity.

    The Head of Gas and Power of Quest Energy, George Amara said the TSGP project will help to actualise the government’s National Gas Expansion Plan (NGEP) or the Gas Master Plan.

    The African Energy Chamber maintained in its State of African Energy Q2 2022 Report that “gas will come from Algeria, Egypt and Nigeria, which will account fully for 80 per cent of African gas yields between 2022 and 2025. Algeria, Egypt and Nigeria will also account for about 60 per cent of the continent’s total LNG production capacity during the same period, even as construction moves ahead on new facilities.

    A public analyst, Mayowa Sodipo said: “It actually shows that African countries are trying as much as possible to position themselves to possibly see how well they can help Europe cover the energy demand issues. Beyond this, this particular project will actually mean a lot for the three African countries involved, especially the benefits that will accrue to their local economies.”

    For him, with the demand for natural gas rising, the TSGP project could transform Africa’s energy future if properly implemented.

     

    The re-awakening

     

    In March, EU delegates met with Nigerian officials in Abuja and held talks about diversifying Europe’s sources of energy.

    At the meeting, Sylva urged the EU to encourage its oil and gas companies such as Shell, Eni, and Total Energies among others to scale up investments in the gas sector in Nigeria as it would help the EU meet its energy needs.

    Sylva noted that the EU needed to have a rethink when the Russia/ Ukraine war is over, noting that “from what is happening with Russia, gas has been weaponised and unless you create an alternative, gas will continue to be weaponised.”

    He assured the EU diplomats that “Nigeria will work with you and we are ready to be an alternative supplier of gas to the EU but you should tell your companies here in Nigeria to plan more investments here. If your companies invest more in Nigeria, it will also help us to increase our gas supplies to Europe.”

    Ambassador Isopi urged Nigeria to take advantage of the opportunity offered by the present crisis in Europe to shore up gas supplies to Europe. She appealed to Nigeria to step into that gap supply chain as an alternative to Russia adding that the country must not allow the opportunity to pass it by.

    Earlier in June, the government directed the then Nigerian National Petroleum Corporation (NNPC) to implement a deal on a gas pipeline to Europe through Morocco. Authorities are also planning to transport more gas from Southern to Northern Nigeria and build a major gas turbine in Abuja.

     

    Renewed hopes

     

    The TSGP, which had been regarded as a moribund for over four decades, received a fresh impetus at a meeting of the ECOWAS Mining and Petroleum Forum last February in Niamey, Niger Republic. It has also further rekindled hopes of better prospects for the continent and also further accentuated in an April meeting held in Abuja by the ministers of the partnering countries.

    The TSGP will enable Europe to tap directly into the three country’s significant natural gas reserves, helping it diversify its supply sources while creating critical sources of revenue for African gas markets.

    Much of the estimated $13 billion pipeline cost will be spent in Niger, acting as a much-needed boost for the already growing energy sector and the wider economy. It would also enable Niger to monetise its own gas reserves, estimated at 34 bcm, with recoverable reserves of 24 billion cubic meters.

    “Restarting this project, sends a clear message to investors and important strategic partners in Europe and Africa, that things are changing in Africa,” Ayuk said.

    The Nigerien Minister H.E. Mahamane Sani Mahamadou said: “This project will be transformational for all the countries involved and we in Niger are committed wholly to making it a success. It will bring jobs and much-needed revenue from gas monetisation.”

    Niger already has experience in driving significant energy infrastructure projects, including the $2.2 billion Niger-Benin crude oil pipeline currently under construction from the Agadem Basin in Niger to the Cotonou Terminal offshore Benin.

    Upon its expected completion in 2023, this 1,243-mile (2,000-km) pipeline will support production increases to more than 120,000 from a current 20,000 bpd.

     

    Benefits

     

    Sylva is convinced that the $13 billion TSGP project will present a huge opportunity for Nigeria, Niger and Algeria to tap into the European markets, saying it is an opportunity to diversify the European Union’s gas supplies.

    Besides, he said that the project would bring the participating country’s gas resources closer to the European market, especially with the high cost of gas occasioned by the war between Russia and Ukraine.

    Sylva said: “The project takes our gas to the European market directly. At present, a lot of gas in Nigeria is stranded or re-injected because there is no infrastructure to take the gas to the market. This project is going to take the gas all the way from where it is produced to the European market, and it cannot be a better time, because gas prices are quite firm at this point. I believe that it is a very good time for us to take advantage of very high gas prices globally.”

    He added that it will serve as a huge boost to the economic growth of the African Continent.

    He said it would, first, create a corridor for development across Africa. “Chad is also not far away from the corridor of this project. So, this project has a lot of potential for growing the economies of African countries, West African countries and North Africa,” Sylva said.

    The Niger Republic Minister of Petroleum, Mahamadou Mahamane said the countries were ready to pull their resources to ensure that the project was achieved. He underscored the need to get the project going, saying it would promote regional cooperation as well as earn revenue for the countries.

    The Algeria Minister of Energy and Mines, Mohamed Arkab said the reactivation of the project would boost the economic development of the countries and assist them to achieve carbon neutrality in line with the global energy transition.

    “While being fully part of the project aimed at decarbonising the oil and gas industry in the short-term and at achieving carbon neutrality in the long-term, we remain convinced that a global and efficient energy transition cannot take place without the contribution of hydrocarbons,” he said.

    “As such, natural gas presents itself as an energy of excellence to ensure this energy transition while ensuring the security of the supply of markets, whose demand is only increasing.

    “I invite all the parties and teams to participate actively in the realisation of this important project, within the required deadlines.”

     

    Fears

     

    While stakeholders are convinced of the prospects of the TSGP, some are equally worried about the political will to see it through. Rightly so, given that, for over 40 years, the TSGP has been in the cooler and is just being revived now.

    How far can this project which, if properly harnessed, can bring Africa out of its energy woes, come to life?

  • Tinubu’s development blueprint dissected

    Tinubu’s development blueprint dissected

    The Tinubu/Shettima Action Plan was subjected to scrutiny by some members of the All Progressives Congress (APC) Presidential Campaign Council (PCC) yesterday. They highlighted the multi-sectoral transformative potential of the plan. It was at a one-day symposium organised by the APC Professionals Forum (APC-PF) in Abuja. NDUKA CHIEJINA, SANNI ONOGU, GBENGA OMOKHUNU, JIDE ORINTUNSIN, NICHOLAS KALU, ERIC IKHILAE, VINCENT IKUOMOLA, TONY AKOWE and FRANK IKPEFAN were there.

    A million jobs in the first 24 months. More money to states and local governments. Linking foreign debts to revenue-generating projects. Boosting revenue. Civil service and judicial reforms.

     These and more are contained in the Action Plan of the All Progressives Congress (APC) Presidential Candidate Asiwaju Bola Tinubu, which was dissected by some members of his campaign council in Abuja yesterday.

     In the manifesto titled Renewed Hope 2023: Action plan for better Nigeria, Tinubu also proposes a seven-point agenda to tackle insecurity and plans to set up six regional infrastructure hubs.

     A clearer picture of what Tinubu will do if he becomes Nigeria’s next president was painted at the symposium on Dissecting the Asiwaju Manifesto – Renewed Hope 2023.

    It was organised by the APC Professionals Forum (APC-PF).

    Economic blueprint

    Former Lagos Deputy Governor Femi Pedro, who was a bank chief executive, said Tinubu promised to create a million jobs in the first 24 months if elected president.

    “He will do so by exploiting the abundant potential and talents resident in Nigerian youths,” he said, adding that Tinubu will “take Nigeria on the digital pathway”.

     On how that will be achieved, Pedro said: “He will exploit the growing digital economy through interventions in the ICT sector and deployment of new technologies to fast-track business growth and diversification. 

     “The plan is to create one million jobs in the first 24 months of the new administration.

     “He also plans to deliver broadband services to 90 percent of the population by 2025.”

     Asiwaju has 12 key economic deliverables that will drive his economic agenda.

     Pedro explained: “Asiwaju Tinubu has a vision of an economic miracle that will usher in prosperity, wealth creation, and jobs for all. 

     “He has a vision of an economy that connects the dots and gives every hardworking Nigerian a clear pathway to prosperity.

     “He wants to achieve double-digit economic growth by boosting our GDP to over US$533 billion by the end of 2023 and tame inflation to single-digit.

     “The World Bank projects three per cent, Asiwaju sees 10 per cent by end of 2023.”

     According to him, Tinubu wants to turn Nigeria into an industrial nation with a level of activity unprecedented in the nation’s history. 

     “We are presently a nation that imports finished products and exports mainly crude oil and raw materials.

     Asiwaju plans to change these dynamics.

     “To achieve this, Asiwaju plans to revive or re-attract long departed companies like Dunlop, and many textile companies to assume their production activities,” he said.

     Tinubu, Pedro said, identifies “with the over 130 million young people with creative energies and abundant talents”.

     “He plans to empower many in this population segment and make them successful entrepreneurs in this new economy.

    “He will focus on youth entrepreneurship and promote intergenerational business mentoring by getting up to two million volunteer entrepreneurs and professionals to mentor young people in finding jobs, honing their skills, and helping them set up businesses.”

     Pedro said Tinubu will also encourage banks “to grant low-cost loans to youth-led enterprises, particularly those with marketplace ideas”.

     Regarding agriculture, he said the APC presidential candidate, if he wins, will carry out a complete rebirth of the sector through new and enduring initiatives.

    These include the introduction of commodity boards, which will establish minimum prices for strategic crops and therefore guarantee a minimum income for farmers and improve their capacity to produce more.

     Women will be empowered “with emphasis on social inclusion, political empowerment, economic empowerment, and educational parity”, Pedro said.

     He added infrastructure will be Asiwaju’s driving force towards achieving double-digit GDP.

     “To this end, he has vowed to build critical infrastructure in the power sector, oil and gas sector, build a national highway system to make road transportation faster and safer and in the process hire millions of Nigerians,” he said.

     According to Pedro, Tinubu plans to re-energise the oil and gas sector by optimising the nation’s oil production capacity; and bringing to an end, the incidence of theft, vandalism, and corruption in the industry.

     According to Pedro, Tinubu will attract new investments into the sector, liberalise it and boost investors’ confidence.

     “In the gas sector, he will attract more investments and he plans to achieve full deregulation of midstream gas prices within six months and increase gas production by 20 per cent and complete gas infrastructure projects by 2027,” he said.

     Asiwaju promised to provide affordable consumer loans for millions of Nigerians to purchase automobiles and other domestic appliances.

     He also plans to make long-term mortgages available at a low-interest rate, which will make it easier for millions of Nigerians to own homes.

     “This is a consumer credit revolution in Nigeria that will have a significant multiplier effect on the economy and enhance the standard of living of so many,” Pedro said.

     For the disadvantaged members of the society, Pedro said Asiwaju will continue to expand all existing social programmes such as school feeding, economic empowerment, National Social Investment Program (N-SIP), Conditional Cash Transfer (CCT), Government Enterprise and Empowerment (GEEP), Home Grown School Feeding (HGSF) and N-Power.

     Asiwaju, he said, believes these “programmes have been modestly successful in pulling millions of Nigerians from abject poverty”.

     However, under his watch, his administration will provide “conditional income support to needy households and unconditional income support to the elderly and extremely poor and disabled persons”.

     Pedro said if Tinubu becomes president, he “will push for the constitutional amendment of our national governance architecture so that states have the autonomy and resources to serve the people better”.

    “He will support more allocation to states and local governments and promote more robust governance at the state and local level,” he said.

     To tackle inflation, Pedro quoted Asiwaju as saying: “If we can produce more locally and reduce our level of importation of food and other non-essentials, we would curb the component of inflation that is imported.

     “With low inflation, investors will have confidence in our economy and will be willing to inject more investment inflows and revitalise the real sector.”

    Pedro said Tinubu will hit the ground running to increase federally collected revenue, drawing from his experience in Lagos.

     “He will reform the tax collection machinery to improve the efficiency of tax collection using technology to reduce leakages and plug harmful loopholes and capture more revenue without increasing tax rates. 

     “As he expands the economy, he will bring more taxpayers into the tax net,” the former deputy governor said.

     Daniel excited by infrastructure plans

       Former Ogun State Governor, Otunba Gbenga Daniel, who said he adopted the blueprint prepared for Lagos by Tinubu, said he was excited by the APC presidential candidate’s infrastructure plans.

     Daniel, an engineer, said the aspect of the manifesto where Tinubu promised to create six regional industrial hubs to tackle infrastructure deficit if elected President interested him.

     He believes the six hubs would facilitate the infrastructure development.

     Daniel said: “Probably I should make a confession at this stage that sometime in 1999 after the election of His Excellency, Senator Bola Ahmed Tinubu and by the special grace of God, our incoming president, he set up a transition working group and I had the privilege to be the Chairman of the infrastructure sub-committee at that time. It was 20 years ago.

    “One can look at how Lagos was in 1999 and how Lagos has been in the last few years.

     “I think everybody agrees that there has been a fundamental improvement in all ramifications of the affairs of Lagos. I think that is what is propelling this current narrative.

     “Still talking about infrastructure, I must make a few confessions here. When I became governor, in 2003, having become a part and parcel of the past transition committee, it wasn’t difficult for me to run Ogun.

     “All I just used to do was to look at the books that we created when we were working for Lagos and I was just taking them one by one.

     “I was implementing and you can call it copycatting, but I must speak this solemn confession as it worked for us perfectly.”

     On the potential of what he called “regional powerhouses”, Daniel said the coming diversification would involve harnessing the resources in states, such as solid minerals in Kogi, Zamfara and Katsina.

     He said he expects the Tinubu presidency to replicate what he did in Lagos in infrastructure.

     Agenda for judicial reforms

      Two Senior Advocates of Nigeria – Hassan Liman and Babatunde Ogala – and three other lawyers – Vincent Essien, Patrick Eze and Abraham Paul – gave an overview of Tinubu’s judicial reform plans.

     According to them, Tinubu plans to effect robust reform initiatives in the Judiciary to ensure efficiency and promote the rule of law, to encourage growth and investment.

     Ogala, a former APC National Legal Adviser, said Tinubu possessed the capacity to carry through the reforms he is planning having done it in Lagos.

    Read Also: Get ready to be President, Adamu tells Tinubu

     He spoke about how Tinubu improved on all aspects of Lagos judiciary, including infrastructure development, staff welfare, and enhanced access to justice.

       Ogala, whose wife is a judge of the Lagos High Court, added: “Though the NJC is responsible for the payment of judges’ salaries, in Lagos, the moment you are appointed a judge of the High Court of Lagos State, the first things you get are your car key and the key to your house, which is a minimum of a duplex.

     “And those houses are not official quarters, they are yours for life, you retire and you go with that property.

     “So, there is no judge who would retire in Lagos, who would not have a permanent home thereafter.

     “What does that do? Confidence. It reduces corruption. It reduces the temptation to do that which you ought not to do.”

     He said all the reforms being planned for the Judiciary were intended to ensure efficiency and restore public confidence in the nation’s justice delivery system.

     Liman, who is the Legal Director of the APC Presidential Campaign Council (PCC), noted that one of the reforms being planned was to limit the powers of the National Judicial Council (NJC) to federal courts.

     Represented by Dr. Sirajo Yakubu of the Nile University, Liman hailed Tinubu and his team for the initiative, noting that it was a testimony to his credential as a champion of rule of law and judicial independence.

     “When it comes to the appointment and discipline of judges, everything is handled by a single federal body, which is the NJC.

     “By this arrangement, state Judiciary, although independent in relation to the state government, it is being subordinated to a federal body.

     “This reform initiative will allow states’ Chief Judges and their Judiciary to take care of themselves.

     “This is a great thought. It takes a great man and a great team to think this way. It shows that our candidate is actually the champion of the rule of law,” Liman said

     Essien, a Lagos-based lawyer and member of the Board of Trustees (BOT) APC-PF, noted that Lagos remains the most advanced legal jurisdiction in Nigeria, thanks to Tinubu.

     Eze, who is also a member of the BOT of the APC-PF, hailed the planned separation of the offices of the Attorney General of the Federation (AGF) and the Minister of Justice.

    He cited examples from developed democracies, like the United States where the offices are separated.

     Eze noted that a similar thing has been done in the finance sector where the office of the Accountant General of the Federation is separate from that of the Auditor General of the Federation.

     Eze argued that such a reform, when effected, would engender effectiveness in the sector.

    Paul, a Kaduna-based lawyer, spoke on the aspect of the planned reforms which talked about the creation of specialised courts.

     He hailed the initiative, which he assured would reduce delay, and ensure the effective operation of the courts to achieve speedy justice delivery.

    Dambazau speaks

    Former Chief of Army Staff, General Abdulrahman Dambazau, said Tinubu will not leave any stone unturned in tackling insecurity.

     He also said Nigeria was fortunate to have Tinubu and Senator Kashim Shettima as likely President and Vice President.

    Speaking on the sub-theme: “The Tinubu panacea for a safe and secured Nigeria,” the general said Tinubu’s seven-point agenda include: “To boost Nigerian security forces, to redefine military doctrines and practice, to secure critical national infrastructure, to ensure peaceful communities, secure borders and safe forest, to integrate, identity database, to foster international collaboration and train the police”.

     He assured that Tinubu will build and improve on what President Muhammadu Buhari has done.

    Dambazau said: “Everything in the country evolved around security and security challenges are also dynamic.

     “This is the reason why we need to reinvigorate the security architecture to tackle emerging security challenges.

     “Economic growth itself largely depends on security. Nobody invests in an environment that is not secure.

     “Like every nation, Nigeria has its security challenges and the Buhari administration met serious security challenges of Boko Haram, terrorism and insurgency in the northeast.

     “Today, insurgency has been degraded. And this is evident by the report of the global terrorism index of 2022…

     “We are lucky that we have the duo of Asiwaju and Shettima as our next President and Vice President in 2023. Bola Ahmed Tinubu has certain strategies in line with the manifesto.

      “He intends to mobilise the totality of Nigerian national security to protect all Nigerians from danger and the fear of danger.

     “He intends to expand and improve on the use of technology, enhance recruitment of personnel and boost security agencies’ existence to uphold our national security.

     “His administration will be committed to permanently securing the safety, freedom and prosperity of all Nigerians.

     “He intends to do these through a proactive and intelligence-driven security approach system.

    “We need to re-energise the Armed Forces; we all know that the Buhari administration has done so much particularly, in terms of reforming the Armed Forces…

     “Tinubu’s administration intends to recruit and train military, paramilitary and intelligence personnel.

     “He will also upgrade weapon systems to exploit areas of technological superiority, and increase salaries and welfare of all security personnel.”

     A former Chief Executive Officer of Lagos State Security Trust Fund, Fola Arthur Worrey, said Tinubu overcame the challenge of poor funding of security agencies by setting up a security trust fund.

     He said: “One of the problems over years with security has been funding. Security is not like infrastructure where you have a fixed amount to build a bridge. It is very dynamic so there is always a need for funding.

     “We felt that the key things in dealing with crime in Lagos were visibility – presence, patrol and prevention.

     “So, funding went towards ensuring that there is always a police vehicle and a police team. What Asiwaju did was create the Rapid Response Squad.

     “The essence was how fast you can respond to an emergency. So once your response time is better, robbers are less inclined to rob you because they know that they are likely to be caught in the act.

     “But all of this is theory if you don’t have funding. The Trust Fund was able to be the backbone of the police in providing security.”

     On the importance of intelligence gathering as one of the components of Tinubu’s seven-point security agenda in his manifesto, a retired Director of the Department of State Services (DSS), Mr. Garba Shehu Shinkafi, said intelligence provides direction as to what to do, when, where and how to do to security men on the field.

     A retired Deputy Inspector General of Police, (DIG) David Folawiyo, lauded Tinubu’s proposal to use technology as a driving force to curb insecurity in his manifesto.

     Folawiyo said: “What we have in our hands is a very populist manifesto. It has laid the foundation for strengthening the services…”

    Aisha Buhari: no development without security

       First Lady Aisha Buhari, represented by the Director General National Center for Women Development (NCWD), Dr Asabe Vilita Bashir, emphasised that national security is a precondition for economic and social development and vice versa.

     She advised the incoming administration to sustain the gains of the current administration, adding that women should be factored in every idea and strategy for national security.

     “I have gone through the manifesto of our presidential candidate and do not doubt that given his experience in governance and passion to make a positive impact in our national development, we would be in safe hands.

     “I would suggest that every idea and strategy for national security must factor in women.

     “This is because the world has accepted the reality that women are agents of peace, growth and development.

     “Their role in leadership building, conflict resolution, negotiation and social development is as remarkable as that of their male counterpart,” she said.

    ‘Our word, our bond’

       Tinubu, represented by Shettima, maintained that his words would be his bond.

     He said: “I want to give the assurance, not as a politician, but as a friend, a brother and a compatriot. We are going to honour our words.

     “We are going to honour our pact with the Nigerian nation.”

  • Ooni Ogunwusi and his women

    Ooni Ogunwusi and his women

    Many who don’t understand the workings of the Yoruba traditional culture may shudder over the rationale behind the decision of Ooni of Ile-Ife, Osun State, Oba Babatunde Adeyeye Enitan Ogunwusi to marry many wives. OLADAPO SOFOWORA writes that Oloris are like precious gemstones and ornaments on the king’s bejewelled crown

    Since Ooni Adeyeye Babatunde Enitan Ogunwusi Ojaja II ascended the throne of his forebears on December 7 2015, he has recorded  successes.

     As an iconoclast, he is loved by all for doing things differently, especially in his approach to issues as a youthful monarch.

    In 2017,  he was enmeshed in controversies when his enstranged wife, Edo-born Olori Wuraola Zaynab Otiti Obanor, whom he married in March 2016, parted ways with him.

     As the news broke, the media space was thrown into a frenzy. After weeks of public outcry against the woman’s approach, they moved on with their lives.

     Ooni thereafter married Olori Naomi Shilekunola, a prophetess from Akure, Ondo State,  who was delivered of a baby boy Tiadenikawo. Ooni named his son after his mentor and former Governor-General of the defunct Western Region; Ooni Sir Adesoji Titus Aderemi Tiadenikawo.

     Everything was going smoothly until December 2021, when Olori Naomi’s cryptic post on Instagram announced her exit from her marriage to the first-class monarch.

     The internet went loose again as this engendered another round of controversy, leaving many tongues wagging on her outburst on the social media and also the way Olori Naomi handled the situation.

    But  Oba Ogunwusi  remained unfazed by the avalanche of criticisms that trailed his marital decisions. The monarch, not minding his critics, moved ahead in ushering new Oloris into his harem.

     According to sources, after consulting the Ifa divination for guidance, it was said that the Ooni would have to marry as many Oloris as possible like his forbearers to solve the marital issues.

     As the Arole Oodua, the charismatic monarch heeded the voice of the divination. The first Olori to walk into the palace was the beautiful and well-connected Administrative Manager of Next Oil and Gas,  Mariam Ajibola Ogunwusi (nee Anako) on September 6, this year. Some maintained that she is not new to Kabiyesi as she has been his friend for over three years.

     It is said that the cool and calm Kogi-born, but Ilorin-raised woman is a cheerful giver and also a very shy woman who loves to keep a low profile. Olori Mariam lost her dad at a youthful age and was raised in the home of the former Inspector-General of Police (IGP) Mohammed Dikko Abubakar, who was the boss of the Nigerian Police between 2012 and 2014. Her mother is a retired Commissioner of Police in Kwara State. Olori Mariam is said to be respectful, principled and endearing.

     The beautiful and highly cerebral but reserved Olori Opeoluwa Elizabeth Ogunwusi (nee Akinmuda), who the Ooni married on  September 15,  at Magodo, Lagos, is the second wife. The well-read Olori in her early 30s was said to have studied in Glasgow, Scotland, with a degree in Information Technology-related course.

     Not much is known about her as she is hardly seen on social media space. She is from a well-to-do family and hails from Ondo State.

     Olori Tobiloba Ogunwusi (nee Phillips) is the third  as she was  married  on  Sunday, October 9. At 32, Olori Oluwatobiloba is the youngest   in the harem. She is beautiful, given her background as a beauty queen and fashion connoisseur.

     The Okitipupa, Ondo State-born woman is a show stopper. Anytime she saunters into a public event, her aura and graceful gait do not go unnoticed. She is always dressed with attention to the minutest details and with lots of vigour.

    She is magnificent and owns a private shop  in  Lekki,  Lagos State where her brand ‘QTP Luxury Fashion Company’ is situated with a long list of clientele.

     She is a graduate of Marine Science from the University of Lagos. In 2012, she was the winner of the World Miss University Africa (WMUA) beauty pageant. She is also a skilful 3D artist with years of experience but mostly uses it to draw out new fashion patterns and designs.

    Read Also: PHOTOS: Davido, Chioma meet Ooni, Olori Mariam

    Olori Ashley Afolashade Adegoke made her entry into the Ooni’s palace  on Friday, October 14, in Ife. Ashley is a Princess from the Lafogido Ruling House of the source, Ile-Ife. She is a chartered accountant with a Master’s degree in Accounting and Finance from the University of Greenwich.

     Currently, she runs her business in the United Kingdom. Her non-governmental organisation (NGO), the Ashley Adegoke Foundation focuses on the less privileged children and widows.

     According to sources, Olori Ashley is the owner of Triple Two Coffee and the CEO at Risencrowd Limited. She is not a strange face in the Ile-Ife palace as she has been  involved in palace activities  since Ooni Adeyeye ascended the throne.

     She is a generous, interesting and respectful personality who is open to collaboration, as she also creates a synergy that will bring glory to the House of Oduduwa.

     Many have described her as an exciting personality, adding that, with her, there is no dull moment.

    On  October 20, in Ile-Ife, Princess Ronke Ademiluyi  joined the harem  as the fifth wife and also the oldest of the wives.

     Olori Ronke is the great-great-granddaughter of Oba Ademiluyi Ajagun, Oonirisa Adimula of Ile-Ife, the predecessor of the great Oba Adesoji Tadenikawo Aderemi, the 49th Ooni of Ife.

    The Ademiluyi royal family is from the Lafogido Royal House, one of the four ruling houses (Osinkola, Ogboru, Giesi and Lafogido respectively) under the Oranmiyan Royal Dynasty.

     Oba Ademiluyi Ajagun’s great-great-granddaughter-Princess Aderonke Ademiluyi is a UK-trained lawyer and successful entrepreneur. She used to own a fashion trading/merchandising concern known as Rukkies which was located at Opebi in Ikeja Lagos.

    Then, she later diversified into  fashion hosting business with the annual Africa Fashion Week London (AFWL) which began in 2011 in London and then the affiliate Africa Fashion Week Nigeria was established some years after.

     Both brands have been the biggest platforms for emerging African talents across the globe. She also owns the Adire Oodua franchise and also organises the annual Moremi Ajasoro Beauty Pageant.

     The calm and smooth-talking Olori Temitope Adesegun is not new to the palace long before marrying the respected monarch on October 24,  in Lagos.

     The well-educated philanthropist has a diploma in Linguistics and Data Processing from the University of Lagos and also a Bachelor’s degree from the same university.

     She also bagged degrees from Oxford, Cambridge, INSEAD Fontainebleau and Harvard to add to her intimidating resume.

    She is currently the Deputy Convener of the monarch’s  Hopes Alive Initiative.

     The mother of one had distinguished herself in the public and private sectors. She later became the Personal Assistant to the then Secretary to the State Government of Lagos State, the late Princess Aderenle Adeniran-Ogunsanya between 2009 and 2011; during the then administration of Governor Babatunde Raji Fashola (SAN).

     The Ijebu-born Princess from Ago-Iwoye, Ogun State was also the anchor/host and producer of a Lagos State Ministry of Health, Public Health Advocacy Programme: Health Wise for four years.

     Sources say she is Ooni’s Swizz knife as she is multi-functional and plays many pivotal roles in ensuring Ooni’s pet projects are actualised.

     For those who don’t understand the need for many wives in Ooni’s palace, it is a tradition and part of the Yoruba monarchical culture that must be upheld. Oloris are like precious gemstones and ornaments on the king’s bejewelled crown. So are the six Oloris to Ooni Adeyeye Enitan Ogunwusi.

  • African leaders seek ‘climate justice’ for vulnerable countries

    African leaders seek ‘climate justice’ for vulnerable countries

    As world leaders deliberate on climate change issues at this year’s COP27 summit in Egypt, President Muhammadu Buhari and other African leaders made a special case for African countries in terms of compensation and assistance to address effects of climate change on the continent. CHINAKA OKORO and ALAO ABIODUN report

    As this year’s United Nations climate summit continued yesterday, debates predominantly revolved around what rich and industrialised countries – who are the biggest producers of most of the historical greenhouse gas emissions – owe poorer ones that are both the biggest victims and least prepared for the effects of climate change.

    On its part, the African Union set the ball rolling, pushing for what it called the continent’s “special needs and special circumstances” to be a core consideration of the conference’s resolutions. And this was the trend in speeches of African heads of state – all emphasising their countries’ inability to afford the cost of adapting to climate change or mitigating the natural disasters it fuels.

    African leaders believe that the continent should have access to funds to enable it to tackle issues of climate change. They have also urged rich nations to effect urgent climate actions to tackle the effects of climate change in Africa. They believe that the continent should have access to funds to enable it to tackle issues of climate change. They have also urged rich nations to effect urgent climate actions to tackle the effects of climate change in Africa.

    At the summit, President Muhammadu Buhari called for urgent climate actions from developed countries to tackle the effects of climate change. Buhari, who was represented by the Minister of Environment, Mohammed Abdullahi, made the call on the side-lines of COP27. The side-line Clean Energy Transition event organised by Bloomberg Philanthropies and Sustainable Energy for All (SEforALL) provided an opportunity for Nigeria to highlight its climate efforts and concerns.

    “Without a doubt, we are at a critical time with respect to the world’s climate future and our actions today and over the next few decades will determine the fate of future generations and the planet. This year, we have witnessed disastrous extreme weather events from terrifying wildfires in the United States to unprecedented heat waves in India, Pakistan, and Europe, to intense floods in my country, Nigeria,” he said.

    He, therefore, called for more accelerated actions from developed countries that contribute most of the emissions affecting Africa’s climate. He said Nigeria and other African countries are committed to tackling the climate change crises.

    African leaders such as South African President, Cyril Ramaphosa, have called for ‘climate justice’ for vulnerable nations. They maintained that rich countries that have produced most of the historical greenhouse gas emissions owe poorer ones that are least prepared for the effects of climate change in terms of making funds available to them to fight the menace.

    Malawi President Lazarus Chakwera repeatedly invoked a “clear difference in culpability and capacity” between developed and developing nations, and said the summit was a test of leaders of more powerful nations to “deliver climate justice for the most vulnerable nations.”

    On his part, President Mokgweetsi Masisi of Botswana said that the Okavango Delta in his country was running dry, endangering the world’s largest elephant population and imperilling a tourism industry that is essential to the country’s economy. Botswana, like many African nations, faces cycles of drought and flooding that contribute to a growing food crisis and put millions of lives and livelihoods at risk.

    Also at the meeting, Nigeria also pushed for $400 billion commitments from developed countries and partners on climate change to finance its Energy Transition Plan (ETP). The Minister of Environment, Abdullahi, said this on the side-line of the annual global event. Abdullahi, who led the Nigeria delegation to the climate change conference, said that the country expected very positive affirmative commitment when it came to funding to mitigate the challenge arising from the climate change effect.

    African leaders stated this as a fall-out of the rich nations’ reneging on their $100 billion a year promise at the previous summit in Copenhagen, Denmark 12 years ago. “Poor nations have contributed the least to climate change but are among the most vulnerable to its effects today. They are seeking more financial commitments from rich countries, many of which have grown their economies by burning fossil fuels.”

    Again, the World Bank yesterday announced a new multi-partner fund that will pool funding from the global community for projects aimed at reducing greenhouse gas emissions. This is contained in a statement gleaned from its website yesterday in Abuja. According to the statement, funds would also be pooled from donor countries, the private sector and foundations, for scalable pathways to greenhouse gas emission reduction. It said the Scaling Climate Action by Lowering Emissions (SCALE) partnership would provide grants for verifiable emissions reductions and expand the funding sources for global public goods.

    The statement quoted the President of the World Bank Group, David Malpass, as saying “climate finance needs major new mechanisms that pool funding from the global community to accomplish actual reductions in greenhouse gas emissions across the developing world.”

    African leaders maintained that their countries could not afford the cost of adapting to climate change or mitigating the natural disasters it fuels. Africa is among the worst hit by the effects of climate change in the world currently. A report by Mo Ibrahim Foundation, a public governance think-tank in Africa, revealed that about 40 million additional people in sub-Saharan Africa could be pushed into extreme poverty by 2030 due to climate change. The report highlighted that between 2010 and 2022, the number of people affected by drought amounted to, at least, 172.3 million and that the ones affected by floods amounted to at least 43.0 million.

    Scientists and African leaders agree that the continent is crucial to achieving global ambitions on reducing carbon dioxide emissions, in part because of its vast forests, which absorb the planet-warming gas, and its decisions on how to develop its economies, home to the world’s fastest-growing populations. “With her vast land, Africa has the greatest potential to regenerate the world’s climate. Nothing can succeed without Africa,” President Nana Akufo-Addo of Ghana said.

    Africa’s role in decarbonising the planet

    Africa can play a pivotal role in contributing to tackling climate change globally by leading the world in limiting emissions, driving climate restoration and orienting Africa towards its strengths, which translate into major new segments of economic opportunity, said Jack Kimani, Founding CEO of the Climate Action Platform for Africa (CAP-A)

    Over 75 farmers’ organisations have written an open letter to world leaders about the importance of adaptation funds to ensure food security for the world. It detailed that extreme weather is one of the many factors affecting food security, and that adaptation funds would be crucial to building resilient agriculture. The letter also called for a shift away from industrial agriculture to help reduce emissions.

    “Beyond COP27, small-scale producers and the shift to sustainable food production must be a political priority,” the letter reads. Prior to the current COP27 holding in the Egyptian coastal city of Sharm el-Sheikh, that of 2021 (COP26) held in Glasgow, Scotland world leaders agreed to commit to saving the world from the harmful effects of climate change. It is expected that the “COP27 will build on the outcomes of COP26 to deliver action on an array of issues critical to tackling the climate emergency.”

    In the face of a growing energy crisis, record greenhouse gas concentrations, and increasing extreme environmental disasters, participants at the COP27 will seek to achieve renewed solidarity among countries, especially those in Africa, to deliver on the landmark Paris Agreement, for people and the planet. Environmental experts have posited that “climate change is very likely to affect global, regional, and local food security by disrupting food availability, decreasing access to food, and making utilisation more difficult.”

    This it will do by “reducing greenhouse gas emissions, building resilience and adapting to the inevitable impacts of climate change, to delivering on the commitments to finance climate action in developing countries.” At the end of the COP26 summit, countries may demand more money to mitigate and adapt to the effects of climate change.

    African continent’s special needs

    COP27 is an opportunity to spotlight the African continent’s special needs and circumstances. But while many vulnerable countries, such as small island developing states, are already setting goals and plans to adapt and reduce emissions, they lack access to finance, technology and capacity. Many are struggling with mounting debt.

    COP27 is a moment for governments, businesses and investors to come together to confront those obstacles to finance and figure out what needs to change in order to unlock the action on adaptation. Against the backdrop of intensifying economic impacts from floods, droughts and food insecurity across Africa, this year’s UN climate summit will, for the first time, “push the urgent need to adapt, while also cutting emissions, to the forefront of global talks.”

    Experts are of the view that COP27 would lead to an enhanced global agenda for action on adaptation, putting it at the forefront of global action.