Tag: Nigeria newspaper

  • ‘Oriwu Club committed to Ikorodu’s development’

    Members of Oriwu Club of Ikorodu have renewed their commitment to work for the development of Ikorodu Division.

    They pledged to assist the government tackle some of the socio-economic and infrastructural challenges in the division, state and, by extension, country.

    The members spoke at the President’s Party, an annual Oriwu Club event that heralds the winding down of the tenure of its president and executive committee.

    Oriwu Club President Olukayode Olawale Anibaba, an engineer, in whose honour the party was held, expressed confidence that his successor would continue in the tradition of working for the progress of the people of the division.

    Anibaba, who thanked members for their support throughout his two terms, urged them to continue to be good citizens.

    He said: “For instance, the insecurity that is a challenge to the country now shouldn’t be left to the government alone. Social clubs should also play their part. Members should rally round to ensure they contribute their own quota. The government cannot do everything.”

    Read Also: Rotary Club restates commitment to service

    Anibaba assured Ikorodu professionals seeking to join the club that “any money you contribute to the club will go a long way towards enhancing the living conditions of residents of the community.”

    Vice President Olayiwola Saka, also an engineer, said the event was an opportunity to gather, celebrate the President’s Party, and say farewell to him.

    He added: “Social clubs are supposed to interact with their immediate community and environment. Oriwu Club is essentially for professionals, businessmen who are indigenes of Ikorodu. You know as indigenes, you are a part of the society.”

    A member, Abdul-Fatal Olalekan Lasisi, said Oriwu Club is non-partisan, non-religious and open to all indigenes of the division, who are professionals.

    Added he: “We are committed to the uplift of this town and more importantly, lifting our youths, engaging them, so that cultism, drug abuse, etc, will be eradicated. We’ve done a lot in the area of scholarship award, skill acquisition, training and vocational acquisition for our youths.

    “In terms of socio-economic development, this club is renowned for continuity to the developmental strides of the entire Ikorodu division and by extension, the whole of Lagos State. We are a body of professionals drawn from all walks of life. The essence of this gathering is to further reinforce that bond so that we’ll continue to grow from strength to strength and in leaps and bounds.”

  • Businessman arraigned for allegedly stealing N1.8m

    A 57-year-old businessman, Ikechukwu Nwanyaku, on Tuesday appeared at a Magistrates’ Court sitting in Ajegunle, Lagos, for allegedly stealing 5,000 U.S. dollars (about N1.8million) from a trader.

    The police charged Nwanyaku, who lives at Ojo, Lagos, with three counts of assault with intent to steal, causing grievous hurt and theft.

    The defendant pleaded not guilty.

    Prosecuting Inspector Babatope Julius said the defendant committed the offence at 6:20pm on August 21, at Onirike extension, opposite Ojo Military Cantonment, Lagos.

    He alleged that the defendant punched the complainant, Mr. Paul Okoye, who was returning home from his shop, in his left eye and used a metal rod to injure him on the right hand.

    Read Also: Two unemployed men bags six months in prison for stealing food items

    Julius alleged that the defendant stole 5,000 U.S. dollars (about N1.8million) and N52,000 from the complainant’s pocket and pushed him into the gutter.

    The complainant, he said, was badly injured and was taken to hospital for treatment.

    The offence, he said, contravened sections 175, 246 and 280 of the Criminal Law of Lagos State, 2015 (Revised).

    Magistrate R. E. Ojudun admitted the defendant to N50,000 bail with two sureties in the like sum.

    He said the sureties must be employed and have evidence of three years tax payment to the Lagos State Government.

    The case continues on October 17.

  • Three die as truck rams into BRT

    Two employees of Primero Transport Services Ltd and a female passenger were killed on Tuesday after a truck rammed into a Bus Rapid Transport (BRT) vehicle at Majidun in Ikorodu.

    Over 55 other passengers sustained injuries. The BRT driver was said to be unconscious. He lost his leg.

    It was gathered that the cement-laden truck had a brake failure and suddenly skidded into the BRT lane, crushing an oncoming mass transit bus with number plate LSR228XS.

    The BRT, it was learnt, had 60 passengers on board, with 20 of them standing.

    Primero boss Fola Tinubu said there was nothing the BRT driver could do, as the truck jumped from its lane and hit the bus head-on.

    He said: “A truck jumped from the regular lane on to the BRT lane and hit our bus head-on. There was nothing our driver could do to prevent the accident.

    Read Also: 17 die in Kwara auto accident

    “Unfortunately, we lost two of our workers and one passenger in the accident. We are working with the authorities to apprehend the truck driver.

    “Right now our thoughts and prayers are with the families and friends of the deceased and we are praying for full recovery for the injured.

    “Our vehicles are fully insured and our passengers are also insured, but this will not bring back the dead. I pray that God should grant the deceased’s souls eternal rest. We will continue to investigate the accident.”

    The Chief Executive Officer (CEO) of Lagos State Emergency Management Agency (LASEMA), Dr. Olufemi Oke-Osanyintolu, said one death was recorded in the crash.

    He said the bus was carrying 40 seated and 20 standing passengers, adding that all the passengers on board suffered injuries.

    “All passengers on board suffered various degrees of injuries, with one female passenger dying. The driver suffered severe life threatening injuries, with his leg cut off.

    “The combined efforts of the agency’s assets (Medical unit, Tiger unit, Papa Eagle and Cobra units) were on ground working alongside Lagos Neighbourhood Safety Corps (LNSC), Police, Federal Road Safety Corps (FRSC) and Lagos State Transport Management Authority (LASTMA) to ease traffic and ensure a swift recovery of the truck. Recovery operation is ongoing,” Oke-Osanyintolu added.

  • Tecno Mobile sponsors BMW AutoFest

    SmaRtphone giant, Tecno Mobile at the weekend in Lagos, bankrolled the BMW Autofest, which held in Victoria Island, Lagos.

    In a statement, the firm said lovers of BMW and luxury cars  were there to add colour to the occasion.

    The event showcased BMW super car and power bike models of various kinds. As usual, Africa’s most preferred smartphone brand, Tecno was on hand to capture the colourful event as a sponsor.

    “The fun Tecno mascot, Tboy and its stunning cheerleaders, were also on ground to give guests at the event a chance to experience a variety of smartphones from the brand.

    “We are delighted that there was visible excitement in the air as stunt men displayed their skills in a parade of classic and more recent BMW car and bike models,” the statement read.

    While some say it is the biggest Autofest in Africa, others say it is best.

    “Whatever you choose to call it, this year’s edition was very well-befitting of the class and sophistication that Tecno and BMW are known for.

    “Plus, there was a prize giveaway, which further spiced up the event, in which one pleasantly surprised young lady emerged winner. Clearly, the Tecno brand is not just about awesome smartphones but also about awesome experiences for its many fans,” the statement added.

  • Gokada returns with safer service

    Nigeria’s leading motorbike service, Gokada has announced that it has relaunched its operations in Lagos with new motorcycles and better-equipped riders.

    The riders, Gokada said, have been trained in safe driving standards, GPS navigation, and customer service.

    It would be recalled that Gokada halted its operation on August 14, citing the need to improve its safety standards and skills of the riders.

    Founder and Co-Chief Executive Officer (CEO) of Gokada, Fahim Saleh, at a briefing in Ilupeju, Lagos said: “Gokada has always prided itself on setting the standard in the market for safety and service. Hairnets, DOT certified helmets, extensive training – these are all reasons safety on our bikes have been so consistent and how we were able to convince so many to give this new age bike taxi a shot. As we scale, what we have now would be the template for what all our future riders will follow. We took the risk to pause for a moment and improve on that template to provide our customers with exceptional service at scale.”

    Gokada, Saleh said, has upskilled existing and newly engaged GRiders in advanced knowledge of defensive driving behaviours for enhanced safety, GPS navigation, and optimized customer service delivery.

    “In addition to this, the brand has also overhauled its entire motorbike fleet and acquired first-of-its-kind, super-efficient TVS motorbikes and fitted their pilots with Bluetooth enabled helmets allowing for more seamless communication and navigation experience,” he said.

    Gokada Co-CEO Ayodeji Adewumni said: “Gokada 2.0 is all about our unflinching commitment to our customers. We believe that it is better to suspend our operations for two weeks so we can retool and revamp for unmatched service delivery and exceptional experience with the Gokada brand for a long time to come.  It will be an incredible time to use the Gokada services as we journey to transform transportation in Nigeria and the rest of Africa. As part of this relaunch we have also made several upgrades to the management team, and I am truly excited about Gokada 2.0”

    Director of Government Relations Kayode Adegbola added: “We are excited to continue setting the standard in our industry by exceeding all of the regulatory requirements in Nigeria and partnering with government organisations like the Lagos State Government to help move residents through quicker, more comfortable, safer and responsible means.”

  • Parents, schools have roles in child upbringing

    Deputy Rector, The Polytechnic, Ibadan, Bayo Oyeleke, has advised parents not to limit their roles to being mere financial caretakers where the education, development of their children is involved. Rather, they should dedicate more time to interact with them.

    Oyeleke equally urged parents to invest in every development facets of their wards, even as he urged school management to also complement such roles by engaging pupils in moral teachings, talk shows and seminars, among others.

    Oyeleke made these calls at the Greater Heights Academy graduation held at the St. Peter’s Catholic Church, Oke-Sopen, Ijebu-Igbo, Ogun State.  The theme of the event was “The Rising Stars”.

    Speaking on the theme ‘Promoting Total Child Development: The Role of Parents, School and Communit,” he said. “There is often an unfortunate disconnect among parents and children for reasons basically immature in all spheres.

    “A parent should invest in the social, emotional and psychological development of his or her child. Our children need our time apart from the financial caretakers that we are.

    “The school needs to realise that it is more than just an education centre. The school is the principal place of socialisation for the children. It is equally important that the school gives the right motivation to the students when necessary for moral and academic excellence. Teachers should be approachable and not rigid.”

    Unlike what obtained in the past, Oyeleke bemoaned an average Nigerian community which, according to him, is now flooded with varieties of problems affecting the growth of every child.

    He lamented that the social media, reality television shows and action movies also contribute to the underdevelopment of the children, and “helps to breed high profile criminals”.

    He continued: “Gone are those days when we have communal efforts in bringing up the children. These days, you can hardly find a building without a fence, except a pure traditional family. Such practice has since eroded and what are in place now are nefarious activities such as kidnapping, rape, ritual killings, robbery, among others.

    “While it is said that an adult is responsible for all his actions, the community in a similar way would be accountable to the youngsters for every wrong step that they are made to embrace. When these ugly incidences are continuously viewed by our young ones whose mind is forever evolving and expanding, they become curious and get stimulated naturally to try unthinkable things,” he said.

    While in a chat with Southwest Report, Oyeleke appealed to the National Broadcasting Commission (NBC) to regulate and monitor the kinds of programmes to be aired  on television and radio stations.

    He also appealed to organisations to place high premium on academic competitions in order to sway the children towards academic excellence.

    He stressed the need for parents, schools and the community to join hands in promoting development of a child.

    Oyeleke said should any of the aforementioned tripod fail in its responsibilities, the result might be poor.

    Oyeleke described a total child as someone who is physically, mentally, morally, academically, socially and spiritually healthy.

    He said: “A total child is everything desirable. Such a child is a joy, pride and happiness of parents, school and community. We cannot do half-baked service to our children and expect to reap full baked fruits. We have to go out of our ways to be proper and all-round caretakers of our children,”

    Earlier, the Chief Executive Officer, Greater Heights Academy Timi Owolabi, congratulated the graduating students on their dedication and hard work.

    He also urged them not to relent in their efforts in the pursuit of excellence.

    One of the parents at the event, Mr. Quadri Tajudeen, appealed to parents and those concerned to heed the pieces of advice by the keynote speaker.

  • Investors fly to safety as mutual funds rise by 22.8% to N798.04b

    Investors are seeking safety of principal investment and guaranteed returns as collective investment schemes grow, Capital Market Editor, Taofik Salako reports.

    Total net asset value of all registered mutual funds in Nigeria rose over a one-year period by 22.8 per cent as investors showed preference for less risky fixed-income funds.

    Mutual funds, otherwise known as collective investment schemes (CIS), are joint investment vehicles through which investors can pool funds and invest in chosen basket of securities with a view to optimising returns and reduce risks.

    Latest official data obtained from Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) yesterday indicated that total net asset value (NAV) of all registered mutual funds rose from N649.775 billion on August 3, 2018 to close at N798.04 billion on August 2, 2019, representing an increase of N148.265 billion or 22.822 per cent.

    NAV is determined by subtracting total liabilities of a fund from its total assets. The NAV can further be divided by the total number of units of the fund to determine the unit price.

    A mutual fund is usually categorised by the class of assets that forms the primary focus of its investments. Thus, there are equity funds, money market funds, bond funds, real estate funds, ethical funds and balanced funds among others.

    The reports showed that the increase in NAV was driven by increase in number of mutual funds as well as appreciation in some segments. Total number of mutual funds rose 7.9 per cent from 76 mutual funds by August 03, 2018 to 82 mutual funds by August 02, 2019.

    A breakdown of the funds showed strong preference for portfolios that invest generally in fixed-income securities, especially short-term securities. While the number of equities-based funds increased by two as against one addition to money market funds, the value and percentage of money market funds rose considerably over the period while the value of equities-funds declined during the period.

    Money market funds, which invest mainly in money market instruments such as treasury bills, remained the largest group of mutual funds, underlining the paradigm shift since the stock market crash displaced equities as most-preferred portfolio. The NAV of money market funds rose from N494.92 billion to N602.64 billion while the number of money market funds increased from 18 funds to 19 funds.

    Conversely, the NAV of equities-based funds dropped from N13.467 billion to N10.613 billion despite increase in number of equities-based funds from 10 funds to 12 funds. Mixed funds-which include allocations of some funds to equities alongside other fixed-income assets, also showed a similar pattern, dropping from N25.70 billion in 2018 to N23.51 billion in 2019. Ethical funds-which include funds that do not invest in alcohols, cigarette, firearms and sometimes, in the case of Islamic ethical funds, in interest-based businesses, also dropped from N5.48 billion to N4.716 billion.

    Other non-equities funds largely followed the pattern of money market funds. Fixed income funds-which invest in fixed-income assets, rose from N51.737 billion to N86.497 billion. Bonds funds- named because they invest solely on sovereign and other approved bonds, doubled from N11.209 billion to N24.533 billion. This underlined the significant flight to government’s sovereign bonds, by several fund managers.  Real estate funds- which invest in real estate assets, declined from N47.26 billion to N45.53 billion, reflecting the slowdown in the real estate industry.

    Stanbic IBTC Asset Management Limited (SIAML) remains the largest investment management firm in Nigeria with its funds dominating major segments of the market. Stanbic IBTC Money Market Fund remains the largest CIS rising from N244.34 billion to N277.65 billion. FBN Money Market Fund, being managed by FBN Capital Asset Management Limited, also retains its second position, growing from N136.93 billion to N165.4 billion. ARM Money Market Fund, being managed by Asset & Resources Management Company Limited, also retains its ranking as the third largest CIS, rising from N48.49 billion to N66.43 billion. In further illustration of the flight to safety and depreciation in the value of equities, Stanbic IBTC Nigerian Equity Fund, Nigeria’s largest equities-based fund, also being managed by Stanbic IBTC Asset Management Limited (SIAML), dropped from N6.526 billion by August 03, 2018 to N4.806 billion by August 02, 2019, a decrease of N1.72 billion over the 12-month period.

    With a drop of 17.81 per cent in 2018, the continuing decline at the equities market had implied average decline of 29.62 per cent over the19-month period ended July 31, 2019. This implied that average investors who had invested over the period had lost almost a third of their portfolios, altogether implying a loss of about N4 trillion for the entire market.

    Investors in Nigerian equities had lost N1.38 trillion over the past seven months of 2019 as the onset of the first half earnings season failed to sustain expected recovery at the stock market. Nigerian equities suffered their worst depreciation so far this year in July 2019, dropping by an average of 7.50 per cent, valued at about N990.45 billion.

    The steep decline in July worsened the average year-to-date return, which had closed first half at -4.66 per cent, to -11.81 per cent, equivalent to net capital depreciation of N1.38 trillion for the seven-month period ended July 31, 2019.

    Nigerian equities had traded mostly on the negative this year, declining in five out of the seven past months. The market also closed both the first and second quarters on the downside and most analysts remained cautious about the outlook for the third quarter.

    The All Share Index (ASI) – the main value-based index that tracks share prices at the Nigerian Stock Exchange (NSE), closed July at 27,718.26 points as against its month’s opening index of 29,966.87 points, June’s closing index. The ASI had opened 2019 at 31,430.50 points, 17.81 per cent down from its 2018’s opening index of 38,243.19 points. It had however rallied a world-leading gain of 42.30 per cent in 2017.

    The Nigerian Stock Exchange (NSE) recently launched its new trading platform for mutual fund as part of efforts to boost investors’ participation in CIS. About five per cent of investors in the Nigerian capital market engage in mutual funds, a paltry fraction that underlines the tendency of most retail investors to invest in the market directly.

    Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr Oscar Onyema, said the launch of the NSE distribution and trading platform for mutual funds would not only provide an opportunity for the 256 brokers in the market to distribute to existing 13.9 million investors’ accounts in CSCS but also attract new investors that may be interested in gaining exposure to the capital markets through mutual funds.

    He said the new platform will enhance visibility for listed funds and promote financial inclusion, while stimulating retail investor participation in the market.

    “This distribution platform is a new channel for accessing mutual funds which are listed on the NSE. This restates our commitment to provide market operators, issuers, fund managers and investors with a reliable, efficient and an adaptable platform to create a more transparent, liquid and accessible market in line with global best practices,” Onyema said.

    According to him, the platform will facilitate electronic transactions with seamless connection between NSE, CSCS, fund managers and brokers as investors have the benefit of a single view of their mutual fund investment while being able to invest with multiple fund managers through a single broker.

    He noted that in recent years, there has been significant increase in the number of mutual funds in Nigeria, an indication of the growing interest in collective investment schemes.

    Managing Director, Central Securities Clearing System (CSCS) Plc, Mr. Haruna Jalo-Waziri, said the new platform marked another milestone for the Nigerian capital market as it will serve as a step towards improving the level of financial inclusion in Nigeria by giving investors varieties of investment products.

    According to him, as part of its commitment to providing far-reaching benefits to the capital market, CSCS has proactively invested in technology that would enable us provides seamless post-trade services to a wide range of financial instruments including collective investment schemes.

    “Additionally, fund managers can now augment their product distribution strength using the brokerage communities’ network. We believe this will also contribute towards increasing secondary market participation whilst growing funds under management for Asset managers”, Jalo-Waziri said.

    President, Fund Managers Association of Nigeria (FMAN), Mr. Dayo Obisan, noted that one of the initiatives in the FMAN five-year road map was to develop and implement a nationwide distribution and trading platform for mutual funds.

    Chairman, Association of Stockbroking Houses of Nigeria (ASHON), Chief Patrick Ezeagu, said stockbroking firms were delighted to have been a part of the development and emergence of the new trading platform.

    According to him, the new platform was directed at reawakening the small savers in order to take advantage of investing through mutual fund and to have the synergistic benefit of a better return in the market.

    “The memorandum trading platform will facilitate the ease of doing business in trading and distribution of mutual funds, it will inspire small savers thereby promoting financial inclusion which is an important focus of our members. We congratulate everyone that contributed to the success of this initiative and encourage all operators to embrace this new aspect of deepening of our market which is a formidable incursion into an erstwhile grey sector,” Ezeagu said.

  • AFRIMA 6th edition: Nasty C, Davido, Burna Boy, Tamer Hosny top list

    South Africa’s prolific rapper and producer Nasty C; Davido; Nigeria’s contemporary music talent, Burna Boy; and Northern Africa’s brilliant showman, Tamer Hosny have scored high in the nominees list for the 6th edition of AFRIMA as released on August 25 by the International Committee of the All Africa Music Awards, AFRIMA.

    The Nominees’ List comprising the 26 Continental Award Categories is coming few days after the 6th AFRIMA Regional Categories comprising the Best Female and Best Male artistes within each of the five African regions were unveiled by the International Jury of AFRIMA during the World Media Conference held in Lagos recently.

    The Continental categories are made up of the different genres of African music from Hip-Hop, Jazz, R’n’B, Pop and Reggae, Ragga & Dancehall to other coveted categories such as ‘Song of the Year’, ‘Album of the Year’, ‘Producer of the Year’ and ‘Best African Collaboration’ among others.

    Over 200 songs have been nominated from a variety of artistes in the Continental and Regional categories cutting across a host of African talents and creative living on the continent and in the diaspora.

    Leading the 6th AFRIMA nominations scorecard is South Africa’s Nasty C with nine nominations in the following categories; Best Male Artiste in Southern Africa, Artiste of the Year in Africa, Song of the Year in Africa, Producer of the Year in Africa, Best African Rapper/Lyricist, Best African Collaboration, Best Artiste, Duo or Group in African Hip-Hop, Songwriter of the Year in Africa and Best Artiste, Duo or Group in African R’n’B & Soul.

    Following closely is Davido with six nominations which include; Best Male Artiste in Western Africa, Artiste of the Year in Africa, Song of the Year in Africa, African Fans’ Favourite, Best Artiste, Duo or Group in African R’n’B & Soul, and Best African Collaboration for ‘Blow My Mind with Chris Brown’.

    Burna Boy will be competing in five different categories which are Best Male Artiste in Western Africa, Artiste of the Year in Africa, Song of the Year in Africa, Album of the Year in Africa and Best African Collaboration with ‘Killin Dem’ featuring Zlatan’.

    Egyptian artiste, Tamer Hosny copped four nominations in the following categories; Best Male Artiste in Northern Africa, Artiste of the Year in Africa, Song of the Year in Africa, and Songwriter of the Year in Africa.

    Other artistes with multiple nominations include Diamond Platnumz who accrued four nominations (Best Male Artiste in Eastern Africa, Artiste of the Year in Africa, Best Artiste, Duo or Group in African Pop and Best African Dance or Choreography category), and South Africa’s seasoned producer and DJ, Prince Kaybee with five spots (Artiste of the Year in Africa, Song of the Year in Africa, Producer of the Year in Africa, Best Artiste, Duo or Group in African Electro, and Best African Collaboration with ‘Banomoya’ featuring Busiswa & TNS.

    The late DJ Arafat, known for his infectious music rhythms and energetic dance has also been posthumously nominated in the Best Male Artiste in Central Africa and Best African Dance or Choreography categories for works he produced within the 6th AFRIMA entry submission window of August 1, 2018 – August 2, 2019.

    Meanwhile, public voting for the 6th AFRIMA Nominees to stand a chance to win the 23.9 Carat Gold-Plated AFRIMA trophy commences on September 1 on the AFRIMA voting platform www.afrima.orgFans and followers of African music can access the online voting pages through the links on AFRIMA social media platforms or directly on the landing page on www.afrima.org.

    Voting closes at midnight on November 22.

    Speaking on the release of the 6th AFRIMA final Nominees’ List, Mr. Delani Makhalima, a member of the International Jury of AFRIMA representing Southern Africa, said: “As with each year, the musicians never cease to amaze us with their incredible talent. As jurors, we are impressed with the quality of work being produced. We are confident that the nominees’ list presented this year is a true reflection of world-class African talent and each year it gets harder and harder to judge and grade the standard, as all regions on the African continent continue to surprise us by what we see and hear.

    “It is encouraging to also see how the music lovers and fans are growing in record numbers to support the music. We are enthusiastic to see this wave of appreciation transcend across the border and overseas.

    We would like to encourage more musicians, songwriters, and producers to keep submitting and spreading the word of AFRIMA so that we can celebrate together the progress and pinnacles of where African music is reaching”, he added.

    The 2019 main awards between November 20 and 23 will feature the 6th AFRIMA Welcome Soiree, the 6th Africa Music Business Summit (AMBS), the 6th AFRIMA Music Village, a Guided Tour of the Host City, the exclusive 6th AFRIMA Nominees Party and the 6th AFRIMA Main Awards ceremony.

  • Attack on Ekweremadu

    The recent attack on Senator Ike Ekweremadu, a former Deputy Senate President, in Nuremberg, Germany, allegedly by some members of Independent Peoples of Biafra (IPOB) came as a very huge surprise to Nigerians at home and abroad. He had obviously showed up to honour an invitation by the umbrella group – Igbos in Germany – as a guest speaker for the traditional ‘Iri ji’ (New Yam) festival. He had gone there in solidarity with his kinsmen.

    The attack therefore negates the communal welcoming and hospitable disposition that such festivals are known for amongst Igbos.  Any guest at such events seemingly carries some unstated immunity due to the spiritual import of ‘ani’, the Igbo god of harvest. Moreover, the fact that Ekweremadu was deputy senate president between 2007 and 2019 makes him a national figure that must be treated with respect by his people, especially in a foreign land.

    While we strongly condemn the attack on the senator, we recognise the fact that in a democracy, the people are granted their civil liberties, one of which is the freedom to protest. However, the protest must be without physical assault. The allegation that some of his attackers are members of IPOB, the regional group that has been fighting for self-actualisation, should be very instructive.

    The viral video that was recorded during the attack was very clear about the basis of the annoyance of the mob. There were allegations against Ekweremadu who was deputy senate president for more than a decade. They alleged he did not do enough as a representative of the Igbos in Nigeria. They mentioned the attacks by herdsmen in the southeast region, the killings/kidnappings, maiming and raping of women in the region without any firm reaction from politicians of the zone.  They recalled the ‘Python Dance’ that saw the military invasion of the zone as they tortured and killed some young men and women. The fact that IPOB was tagged a terrorist organisation and proscribed while the herdsmen and other groups of bandits that have been terrorising the people had not gotten equal treatment was equally stated by them.

    However, we believe that after the expression of outrage, the country must now see how to amicably handle the issues nationally because, given the treatment the senator got, there are clear indications that the alleged group is so enraged it has earmarked many Igbo politicians for attack outside Nigeria because, as it said, they would not be protected by too much security as they enjoy in Nigeria.

    It is equally surprising that a man of the calibre of Ekweremadu could be so naïve as not to have intelligence report about the mood of those he was going to celebrate with. His choice of dressing did not reflect someone who as a lawyer understands the symbolism and social import of dresses. Many public figures hire professional wardrobe consultants.

    Going to a purely socio-cultural event and dressed in the Nigerian coat of arms instead of the traditional ‘isi agu’ or any other Nigerian cultural dress, in an environment with a strong presence of IPOB members who for long have continued to affirm their struggle for self-determination, was not very discreet.

    While we condemn the attack, we wish that this can help the country, especially the political class, to have a serious introspection. The distrust that is pushing up regional groups like IPOB, Arewa youths, the Oodua People’s Congress (OPC), militant groups in the Niger Delta and other ethnic groups is very ominous.  It will be delusional to assume all is well and that these groups can only be exploited by the political class for elections. Countries work on national unity.

    We equally believe that while sympathy for the senator is in order, we wish the blood-letting, the kidnappings, the arson, the general insecurity in the country could be tackled with the seriousness they demand. Progress is made when a country puts equal value on every human life and security. There must be more deliberate bi-partisan efforts to dialogue with regional groups as each group has its own plethora of grievances.

    Display of mere outrage over this one incident, sad as it may be, without effectively addressing the regional complaints across the country might give rise to a chaotic and a more disunited nation where individuals take laws into their hands. Politicians must begin, too, to realise the dynamism in global politics, as people now demand that their leaders treat them well.

    Being aloof and behaving like special breeds that only go to the people during elections seem to be counterproductive. The Arab Spring stands as a shining example of the resilience and doggedness of the human spirit. Let Ekweremadu’s experience signpost introspection for both the leaders and the led for a better country.

    We expect the German government to act swiftly to pick out the culprits, prosecute them and hand punishments according to their laws and decency. No matter the grievance, assault has no place in a civilised society.

  • Despite challenges Southwest is where to live, work, invest

    The Southwest region has been prominent in the news in recent times for the wrong reasons such as rising cases of kidnapping, robbery and armed banditry. In this interview with select reporters, the Director-General (DG), Development Agenda for Western Nigeria (DAWN) Commission, Mr. Seye Oyeleye, examines the raging issues of insecurity, the clogs in the wheel of socio-economic integration and how the six states in the region are handling agriculture and education. Southwest Bureau Chief BISI OLADELE was there. 

    All eyes seem to be on the DAWN Commission in recent times because of the upsurge of criminal activities, particularly kidnapping and robbery on major roads in Southwest. Has it really looked like a burden on this commission? 

    It has not been a burden. I think that the commission was created for a time like this. We’ve been here for about six years and our job has been to manage the development agenda of the region of Western Nigeria. There can be no development without security; there can be no economic growth without security. When you have six states that want to confront a challenge together, they need a body that would manage it for them or a body that can ensure that they are speaking with the same voice.

    That cannot be delegated to the six bureaucracies of the six states. For want of a better word they are lucky that they have the foresight a few years ago to have a commission such as this to speak for them, to work for them.

    When the issue of insecurity became a major challenge and they felt they needed to confront it together, it is natural that they had to only resort to the body that has been working for them over the last few years.

    When we were saddled with that responsibility, it was just an added challenge which, in conjunction with our partners, we are more than capable to address. We have not seen it as an added burden, the last two months have been hectic but we have been able to confront this and we were saddled with the task of organising a security summit.

    We organised a security summit over a three-day period. On the first day, the governors, the drummers, the royal fathers were present but for the other two days, a lot of work went on behind the scenes, addressing the issue of insecurity in Western Region. Western Region starts from Lagos to Oyo, Ogun, Ondo, Osun and Ekiti states.

    After the in-depth deliberations, we came up with implementable solutions which we now submitted to the Western Nigeria Governors’ Forum.

    During that summit, what were those things you discovered as causes  of insecurity and what solutions did you proffer to the governors?

    One of the things we agreed on was that even before the challenge got to the peak, the narrative out there had been skewed against a particular ethnic group as those behind this insecurity challenge. That is what some of those giving us these narratives want us to believe, that maybe Nigeria was not experiencing these challenges before but suddenly now it is just one ethnic group that started this.

    But during the discussions, we looked at it holistically. We understood the fact that it is not just a matter of one ethnic group. In discussing with the experts we assembled, we were able to have a holistic view on why there is increase in insecurity?

    We discovered that a lot of socio-economic problems were responsible for the current situation. I will give examples. Why the sudden upsurge? We’ve had Boko Haram challenges in the North East for the past 10 years. The children of 10 years ago have grown up, nothing to do, hopeless; they too want to live a good life.

    So, you have an army of able-bodied men and women who have chosen criminality as a means of survival. We’ve had this war in the North East, we’ve neglected them, they were not catered for and a lot of them have been sectioned into Internally Displaced Persons (IDPs).

    For 10 years, they’ve known next to nothing, they’ve been poor, deprived. A lot of them have been exposed to carrying arms and they need to survive. So, they chose criminality. That’s just one group.

    We also discovered that the advent of technology has increased criminality and we are not even talking of internet fraudsters. If someone comes to knock on your door at 1.00 a.m. with an intent of robbing you, unless he wants to cart away your TV set, there is nothing to steal. You don’t have cash at home like before. All of us now use our Automated Teller Machines (ATM) cards or transfer money.

    Robbers of those days have moved on to something else as well. They now see banditry or kidnappings as an easy way of making money. We discovered that the face of criminality is changing. How many times have you heard of cars being snatched? It has gone down. People have moved on to other things.

    What we are confronting as a country is a different shade of criminality. When people go out there and try to say that it is one ethnic group and try not to understand the root causes, it becomes a challenge. If you don’t understand the causes of your problem, how do you then solve the problem?

    What the security summit did was to dig deep to unveil several reasons why there is an upsurge because criminality didn’t happen overnight. Add that to the army of jobless youths all over, mix it together and that’s what we have today. They are all over Southwest bushes on the highways. When that kidnapper kidnaps you, he is not going to ask what your religion is. That’s why we have an upsurge in criminality. We looked at all that and in some of the solutions that we proffered to the governors were that we must look at this thing holistically, this is not a challenge of carrying guns to go and shoot and start killing people. We are not going to solve the problem that way. We are going to solve the problem by looking at it socially, finding socio-economic solutions to this problem.

    How do you create more jobs? How do you make the hopeless have hope? What are the social things that you need to put in place? How do you decrease the number of out-of-school children? Those are the areas we offered solutions in our report. But some of the solutions are immediate, others are medium and long-term. If you want to go out there and start saying let’s prevent these people, you are chasing them to somewhere else, that’s not going to solve the problem. We need to find a holistic socio-economic solution.

    As a development agency, you have been used to education, economic, health and other development issues. Does concentration on security not taking you away from your core mandate? 

    I said earlier that there can be no development without security because they are all linked. At the commission, we are planning an investment summit for the whole region where two or more investors would be brought together over a three-day period and we will showcase our states as all the states will be actively involved. We had planned this for October, this year. We started going round, talking to one or two potential partners but suddenly the issue of insecurity took over and some of the people we have been engaging on the summit started highlighting insecurity.

    We can step down on investment summit and hold it at a later date. Let us first of all change that narrative. For us, we don’t see it as being taken away from our core duty. If you look at some of the aims of DAWN commission, they say they are to make Western Nigeria the place of choice to live, invest and to work. If you want to make it a place to live, it has to be secure. If we call ourselves the development agenda commission for the region, our primary duty is to make sure that it remains the best zone to live, to invest and to work.

    How well have you been able to identify problems that have befallen the education sector in Southwest?

    Getting six “independent” states to work together, even though they speak the same language, is not as easy as we think. Some people think it is a straightforward thing. They will say Awolowo did it but they don’t remember that there were no states then. It was a single entity. At present, they have had years of being on their own. What DAWN Commission has come to do is to try and let them see areas where there is convergence of interest to make the region move faster.

    Narrowing it down to education, we were leaders in this country and in West Africa. This was a region that had free education in 1955.  In 2019, one of our states has one of the highest out-of-school children. But what we have been able to do at the commission is to highlight what the challenges are and proffer solutions. They have all been adopting these things on a state-by-state basis. But we are promoting co-operation, because with it, integration can follow naturally.

    When we had the Southwest education roundtable about three years ago, some of the things that came up were infrastructure, automatic promotion and teacher training. One of the things that happened in Osun State is that they invested in critical infrastructure in their public schools.

    At the commission, our job is to use experts to come up with solutions, passing it down to the states. It doesn’t mean the states will adopt everything regionally but we can see a gradual movement.

    Ogun too invested on infrastructure in schools and teacher training. Lagos is up there, teachers are properly paid.

    How have you been able to help the states to leverage on agriculture and structured taxes?

    The Western region developed on the back of agriculture. It was the main stay of its economy. Free education was funded from agriculture but sadly over the years, we discovered oil. As a country, we got lazy and everybody left the farms and felt there are easier ways of making money than going to till the land.

    But with the coming of the DAWN Commission in the last six years, we decided to get our states to refocus on agriculture.

    We have had one or two agric summits here. What we have been doing and what the states have been doing is that we have made sure that we refocus on youths. We bring the youth into agriculture because we realised that a lot of the farmers that we have here are old. A survey showed the average age of farmers in Southwest Nigeria is about 59.

    So, what our governments have been doing is to purchase tractors and make land acquisition easier.

    The biggest challenge to agriculture in Southwest Nigeria today is lack of access to land. We have a lot of land owners who are sitting on a lot of thousands of hectares, they are not utilising it.

    How are you navigating through the different political parties, ideologies and philosophies in the six states?

    Development has no political colouration. If you are an advocate of development, there is no partisanship to that. Oyo State currently is governed by a different party and we have interacted with the governor here. He is a superman, you talk to him, he is a focused man. I’m not even sure he talks about his party politics when you are engaging him.

    This is a man in a hurry to bring about development.

    In his interaction with his colleagues from the other parties in the other states in the region, all they talk about is development. The classic example is how they have addressed the security issue. They dropped their hat out there to partisan politics and agreed to work together for the common good.

    Over the years, we have positioned ourselves as an organisation that is apolitical. The only politics we talk about here is development. Any governor that comes in finds it easy to key into what we do because of that. Our aim is to keep it as such. Leave politics aside; focus on how we can fast-track growth in the region.