Tag: Nigeria

  • ‘Why I want to return to Nigeria after 47 years in U.K’

    ‘Why I want to return to Nigeria after 47 years in U.K’

    Dotun Adebayo is an accomplished Nigerian media professional who has lived in the United Kingdom for almost fifty years. Honoured by the Queen of England with the prestigious Member of the Order of the British Empire (MBE) award in 2009, Adebayo has published three bestseller novels, has been presenting the award-winning global news magazine programme All Night for BBC Radio 5 Live in the last 12 years and runs his own TV Channel, Colourtelly. In this interview with Editor Online, Lekan Otufodunrin, Adebayo shares his dream to return home to Nigeria

     

    AFTER living in the United Kingdom for about fifty years, at what point did you start thinking of returning home?

    It is incredible to think that I have been living in Britain for 47 years now. It seems like just yesterday that I left the comfort zone of my grandparent’s house on Oke-Ado Market Road in Ibadan to face the harsh winters and the frosty welcome of Britain and the British.

    I have been thinking of returning home for most of that time. Since the first day I arrived. My father beat the desire out of me at the age of six. And before I know it I was 50 years old and time was slipping.

    But when you have family (two daughters in my case) it becomes trickier and trickier to return home. Your desire is further complicated by the passing on of your relatives in Nigeria which makes a homecoming more and more distant, or at least the compulsion to return home becomes less and less imminent.

    In short, I have been thinking of coming home for nearly fifty years.

    What exactly would you say is your motivation for wanting to return to Nigeria?

    My main motivation for returning home is to be part of the explosion of the media and in particular radio and television that is happening in Nigeria. And I want to be part of that. If it continues at this pace, Nigeria could quite easily be the world centre for television, just as we are the most prolific of all film industries, thanks to the enthusiasm and enterprise of our great Nollywood industry.

    What is the right offer that will make you pack your bags and head for Nigeria?

    The right offer has to match what the BBC is paying me, which is a LOT of money. I would consider several parties coming for me at a lower rate as long as it matches my BBC contract. I know what I’m worth and I am not worth a penny less than the BBC pays me. In fact, I’m worth more.

    What have been the reactions to your decision by family, friends and colleagues at work?

    My wife understands. My daughters understand. My brothers understand. No doubt my colleagues will give me their reaction when they read this article.

    How much of the Nigerian media landscape do you know and what is your assessment of the organisations?

    My father started out as features editor of the Daily Times in the 1950s. Then he went on to NBC as a broadcaster in the early 1960s. When I returned to Nigeria in 1977 as a teenager, I wrote several plays for Bendel Playhouse which was the Bendelites big drama production on Bendel State TV in those days.

    I have freelanced for several Nigerian publications in the past and I keep abreast with particularly the newspapers online and the likes of Arise and BEN Television from the UK side on cable TV. I don’t get to hear as much Nigerian radio as I would like to. As far as the newspapers are concerned, Nigeria has one of the most vibrant press cultures in the world. Our columnists are second to none. I can’t wait to cross swords with them all.

    As far as television presenters are concerned, I’ll give them 7/10 – see me after class. They could try harder.

    Do you have any particular big new channel in mind?

    Yes. I have had a couple of offers. One serious one with a channel that is due to launch in the summer. But, like I say, I’m open to offers.

    What are the advantages of the media explosion Nigeria is experiencing and how best can we maximise it?

    The media explosion can only be sustained if the people are lifted up and are able to shore it up with their buying power. The Nigerian explosion has to bypass the politicians and fight for and reflect the aims and aspirations of the Nigerian middle class so that everybody can have a goal to head for.

    I don’t want to see negativity. We can’t afford that. That media explosion can not only make Nigeria great, it can make Nigerians great.

    How did you accomplish so much in the print, book and broadcast industry in U.K?

    I work very hard. I work harder than anyone else. If I see someone working harder than me, I lose sleep to catch up and overtake them.

    Is it not arguable that you are the most successful Nigerian broadcaster in U.K?

    It is without question. Who else would contend with me?

    How have you coped with racism and prejudice being of Nigerian decent?

    We are born strong. Racism is a weakness. We stand strong and fight it on a daily basis. Institutionalised racism is the trickier beast. For that we have to build our own infrastructure so that we don’t need to rely on anyone else.

    Hence my self-sufficiency in publishing – my own publishing house, in media – my own internet television company and so on.

    What is your background in terms of your family, education and other things Nigerians need to know about you?

    I come from a family of accountants, the exception being my father. My grandparents were very good friends of Fela Kuti’s parents. Fela and my dad and my uncle were great friends. I went to school with the children of Tafawa Balewa (the original Corona School on Victoria Island). I am 100% Nigerian and will always be.

    What do you mean that Nigeria is the future and Britain is the past?

    Britain’s time has come and gone. Nigeria’s time is just head of us if we seize the time and make use of it. Yes, I can see a time in the next fifty years when we are sending aid to Britain.

    Supposing you don’t get the kind of offer you want, will you still be interested in returning home?

    I’m coming home, no matter what. Without that big transfer deal it might take time, but I long for my real pounded yam. I’m tired of the powdered stuff.

    Many Nigerians will do anything to live in U.K. What is your advice for such people?

    Do anything? That’s up to you. I have lived there so I won’t stop you. But don’t kill yourself to get there.

    Are you bothered about the negative reports about life in Nigeria?

    All I’m worried about is armed robbers. Boko Haram doesn’t worry me. Just armed robbers. The only thing that stops expatriates like myself from returning home is the lack of security which the state is supposed to be providing – not just for itself but for the rest of us.

  • Miss Nigeria  Florida visits  home

    Miss Nigeria Florida visits home

    THE Miss Nigeria Florida cultural pageant team is in Nigeria. The group arrived late last week on a two-week promotional visit, meant to create awareness for the empowerment of the Nigerian-American women in Florida. One of the first set of activities, reports say, will be to support the efforts of Mrs. Patience Ozokwor, aka Mama G, and her orphanage in Enugu. Miss Nigeria Florida, Ayoyemi Ajimatanrareje, who was crowned in 2012 and Mr. Murphy Folorunsho, the pageant’s founder and director, made the transcontinental trip to broaden the impact while providing support to ‘Mama G’, who was the celebrity guest at the 2012 pageant.

    While in Lagos, the present cultural queen relayed and compared her experience in Nigeria as a child before and how staying abroad changed her life. She also noted the struggle she had to go through in order to maintain the Nigerian culture. “Nigeria has a lot to offer both abroad and in the country, and this is an opportunity for those who happen to be far from home to show that they still identify with Nigeria and its culture. I represent Nigerian culture completely, so with this opportunity my reach has been widened because now people will not only hear of Nigeria but also see what we are made of,” Ajimatanrareje explained.

    The Miss Nigeria Pageant has grown from a small event to one that continues to celebrate the beauty of the Nigerian culture and women. The 2012 event attracted numerous attendees and allowed Nigerians living in Florida the opportunity to celebrate their rich culture while abroad.

    According to Murphy Folorunsho, founder and director of the Miss Nigeria Florida Pageant: “This is a cultural pageant that seeks to maintain the beautiful Nigerian culture. It was founded in 2009 and my vision for creating the pageant is to restore and retain the African culture abroad, mostly through the Nigerian fabric. Last year, we had the opportunity to invite Patience Ozokwor, aka Mama G, and this thrilled the audience, Africans and Americans alike, with colourful display of the Nigerian print. The current cultural queen, Ayoyemi Ajimatanrareje, also impressed the judges with her presentation of the Nigerian culture at its best which greatly influenced her winning.”

  • ‘How Nigeria can rise again’

    All national institutions and affairs in comatose will receive new vigour provided Nigerians are willing to embrace the essence of Easter, Chairman of the Christian Association of Nigeria (CAN) South West region, Archbishop Magnus Atilade, has assured.

    Atilade said the period offers fresh opportunity for Nigerians to embrace love, peace, sacrifice and selflessness for national progress.

    The cleric, in his goodwill message, said: “Everything that is down in our lives and nation can rise again just as Jesus arose if we follow the essence of Easter.

    “God is still in the business of resurrecting lives and situations that are bought to His saving grace and attention.”

    He challenged Nigerians to unite for national development, saying bickering and violence are ill-winds that blow no one any good.

    According to him: “We must unite more than ever before and stop playing religious and tribal politics with our lives.

    “We should eschew violence at all costs and stop the bloodletting that has daily occurrence in our nation”.

  • I enjoyed a lot of respect being married to TOS, a cabinet member then – Opral Benson

    I enjoyed a lot of respect being married to TOS, a cabinet member then – Opral Benson

    At over 77, Chief Mrs. Opral Benson still radiates beauty and charm. She came out of her consulate office with air of officialdom to usher us in. And from her carriage and the countless number of awards and other laurels that abounded the place, it was much easier to understand why the then Oba of Lagos, Oba Oyekan bestowed on her the title of The Iya Oge of Lagos in 1973, few years after she arrived Nigeria.

    With a privilege background, of being born into the home of Honourable Johnson Boto Mason and Lilly Melissa Mason in Monrovia, Liberia, Opral Mason as she was then known, grew up knowing how to live a charm life. And when she was through with her early education, Opral left Monrovia for United State of America.

    There she obtained a B.Sc. degree in Education from Morris Brown College, in Atlanta, Georgia, USA in 1958, and a Master of Arts Degree in Education from Atlanta University, Atlanta, Georgia, USA. She obtained a Diploma in Administration from Pittsburgh University in 1961 and a Certificate in Communications from Michigan University in 1961.

    When she returned to Liberia, she did so as a celebrity, with a top job in government. Sooner, she met a Nigerian Minister, Theophilus Owolabi Shobowale Benson, who was attending a conference in Liberia along with the then Nigerian Prime Minister Tafawa Balewa. It was love at first sight with reception held in Lagos, Monrovia and London. In this interview with Paul Ukpabio, she shares the attraction of her marriage and her new appointment as Consular of the Republic of Liberia. Enjoy

     

    Congratulations on your recent appointment as the Consular for the Republic of Liberia. Can you tell us how you came about the appointment and how have you enjoyed it so faring the office?

    Her Excellency, Ellen Johnson Sirleaf, President of the Republic of Liberia, told me that Liberia does have an embassy in Abuja but nothing in Lagos and being that Lagos is the economic heart of Nigeria, the President said they will like to have representation here too. She thought I was the best person to play that role. So that is how I got about being the Consular.

    But when it comes to how I have enjoyed it so far, I would say that I do not think it’s something for enjoyment. Actually, I think it is an appointment that calls for sitting down and making some contributions for a country like Liberia. That is why I think and believe that I was appointed. And in that regard, I think we have started, we have put up an office at least, we have that in a good location in the city, with staff to support it.

    I, along with others are committed to it and our main concentration is to take advantage of the commercial aspect and centre of Lagos to see what we can develop and use to move forward both countries in the consulate assignment. We have started with making enquiries and making contacts with such needed people. Some people have also contacted us, so we are trying to see what we can do and achieve, by getting people together.

    We are also trying to see to the development and growth of Nigeria and Liberia Forum, get people who are interested in that country and also get those who are interested in this country together, to rub minds, to see how best two countries like ours, can work best. That is the whole idea.

    How settled will you say Liberia is presently to attract such interest and investment that you anticipate?

    I think Liberia is very settled actually, we have gone through political problems like most other countries in and out of Africa, and I think we have settled down. The current president has made quite an impact on the country. We are moving forward. So I would say that Liberia is in a good position presently, to work with other countries.

    What kind of businesses do you think could fit into the developmental expectations of present day Liberia?

    I may not want to start here with listing out all the kind of businesses that could fit in, rather, I would leave that to the people who would want to do the business themselves. People who are here and would love to do business in Liberia, I expect, would make the necessary research and then we can give them the necessary assistance if they are truly interested. I think it should start from this side, rather than I insisting that this should be it, because that won’t be exactly, what we are trying to achieve.

    With a settled Liberia, as confirmed by you, are you saying, it is okay for Liberians who have been seeking refuge in Nigeria to go back home?

    Of course, I would want to encourage our people to go back home. But that also depends on the reason they are here. If they feel they have been here for some years and they want to relocate to Nigeria and they have had a good time here, it is then not my responsibility to tell them that they must go back home. But if they are passing through a hard time one way or another, and they are wishing to go back home, then I would say that Liberia is a land of opportunity for them, they should go back home. So I think going back home for them, should depend on their situation here in the first place.

    With the on-going success of the present female president of Liberia, what would you say about women and leadership role in Africa?

    I think we have said that over and over again in Africa. Women have an important role to play in the leadership of this continent and of other countries outside this continent. This is because there is no difference between being a man and being a woman, it just depends on who you are, what kind of training you have, what kind of orientation you have and not about your sex. So I think women have important role to play and they should not just sit down and say, I am a woman; if you are a woman, so what? You have to go further than that.

    It is not out of place that any visitor coming into your office should be intimidated by your laurels that are struggling for space on your walls and on available spaces on your tables. At over 77, how do you feel when you look back?

    I think I have done a lot in Nigeria, and I also think that I am being rightly rewarded by the personalities that I have worked with, along with the governments that I have worked with. I feel that I have been appreciated and I also feel that I have made the right contributions. I have two National Awards from Nigeria, Member of the Order of the Niger, and Officer of the Order of The Niger.

    Even before I left Liberia, I had what they call the CSA, Commander of The South Africa, from the President of Liberia way back in those years, I am a person that likes to give the best of myself wherever I am, even at this present stage of my life. So that is what you see on the walls when you come to my office. It is a good thing to see that you have contributed and that people have appreciated you too. I feel very happy about it.

    Wherever I go, I meet people who are very appreciative, they are nice to me, they are kind to me, I think this is what anyone should aspire to and expect in life. It shows that you have made some contributions and it shows that those you contributed to, have appreciated what you have done.

    What motivated you to marry a Nigerian?

    I married this Nigerian (points to the framed picture of Late Chief TOS Benson on the wall) 50 years ago, last December made it 50 years and when he passed on, we had been married for 46 years. I think it was a case of two people who met and fell in love and decided that they wanted to live together.

    And that is what marriage is all about. We met in Liberia. Before then, I had never thought of coming to live in Nigeria. He was in Liberia with the Prime Minister Tafawa Balewa for a conference. I met him at that conference. I had just returned from the United State of America where I had gone to get education. I was in the conference where he saw me and proposed. We went on like that for a year until we finally decided to get married. So it wasn’t because he was from Nigeria that we got married. It was because the two of us believed in each other and we made a go of it.

    Prior to meeting him, had marriage been on your mind?

    At that time I had not given a thought to who I would marry. I was not thinking about marriage at that time as a matter of fact. Like I said, I had just been trained and returned from the United State of America and started working. I wasn’t thinking whether I would marry a Nigerian, French, Liberian, Polish, Danish or English. I was just doing a job and when the issue of marriage came up, it was a case of I see you, I like you and I want to marry you. So at that time, I wasn’t sitting down to think and bother about who I would marry and where he would be from.

    What was your first impression of Nigeria when you got to Lagos?

    I was very impressed with the people of Nigeria and the size of the country and the idea of deciding where to live. My husband happened to have been a member of the cabinet at the time so of course working in the cabinet in Nigeria meant that you had lots of respect, I think a lot of people respected me and I was impressed when I arrived Nigeria, I stayed (laughs).

    You were honored as the Iya Oge of Lagos which meant you were in the eye of celebrity, style, fashion, in the country’s capital city, which was the heart of the country. What did that mean to you?

    I was made the Iya Oge of Lagos by the Late Oba Oyekan of Lagos in 1973. I think it was because of my love for beauty and fashion. First of all, when I came to Nigeria, I worked at the University of Lagos for many years. I was appointed Registrar for Students Affairs. I worked there for ten years with staff and students, and I’m proud to say that many of the students I worked with are today the daddy’s and mamas of Nigeria.

    They are now in big positions, but I knew them way back in the school then. But throughout the time I worked at the University of Lagos, I was all the time thinking of the beauty industry because; it is something I like and something that I appreciate. So after those years in the University, I decided to leave to open a beauty spa for facials and all other types of beauty care.

    It was at that time that the Oba of Lagos at the time, considered it fit to honor me with a chieftaincy title. They called me and told me that is what the Oba wants to do. I didn’t know much about it at the time, and I didn’t know that being an Iya Oge of Lagos would be something that I would merit.

    But later I found that everybody seemed to like it and feel that it suits me. I have been in the beauty industry since then, giving beauty care to many women and advising them too. I also decided to start a beauty school. This is the eight year we have had that, and we have graduated many students from The Opral Benson Beauty Training Institute, some of them are all over this country, while some are working outside this country.

    I think that it has been a way of making my contributions towards the development of the industry and to also say to the Oba that I appreciate that honor he gave to me way back 1973. It was after I got that honor that I decided I should make it worth it, instead of just sitting down on it. Since the honor was for that industry, I thought that I also ought to work in that industry.

    Between fashion and beauty, which one do you tilt more towards?

    I don’t tilt at all. I keep fashion and beauty together because I think that the two go hand in hand. I don’t tilt at all. I have a beauty school but I think that fashion and beauty are two brothers or two sisters. I don’t stay in their middle; I put the two together because I think that both are very essential.

    Simply said, what is beauty to you?

    Beauty is making people feel nice and happy about themselves, look nice, the kind of things you do to yourself and to others. It is putting on something that says much about you because there is something that comes from within, it is something from the outside and something that is general.

    It should not be confused however, because there is something that is inner beauty and another outward beauty. I appreciate beauty and many Nigerians that I have met in and outside the industry appreciate beauty. That also means that it is something that is important because, when I started, many people thought that this was not a place for educated people. People then thought that it was a place for those who didn’t have education. But I told them that beauty has to do with how you feel to yourself and for others.

    When is a woman fashionable and when should she be fashionable?

    I guess that is for the individual to decide. When a woman is fashionable depends on what she wears, how she carries herself, what her outfit looks like, how she impresses herself, how she impresses others and how she feels about it. A fashionable woman is what others see and how she feels. It is very difficult to say just like that, that a woman is fashionable until all these are in place.

    What is your style?

    My style is how I feel like presenting myself. Its difficult for me to pick one word and say this is my style. Style is how you carry yourself. It is how you feel and present yourself. You are how you make yourself from the inside and how people see you outwardly and appreciate you. So my style is presentable to myself and to others.

    I wear all kinds of attires, African, English and so on. It depends on where I am going, what I am doing and how I feel about myself. I appreciate all kinds of attires, fabrics, foreign and local. In saying local, I mean traditional attires.

    What would you say about our society events against the background that people are criticizing the growing cost of having simple celebrations?

    I cannot speak for what people are spending, I don’t know, but I think everybody should spend according to their pocket and what they can afford. I am not one who insists that this is the amount you must spend on yourself. I think it should be about what you have to spend, how you feel and how you want to dispose of it.

    Having had a successful marriage to a Nigerian, would you advise women from foreign countries to marry Nigerian men?

    I have no problem with foreign marriages or marrying a foreigner. I think everybody should marry according to their heart desires and what they want to do because, whether it is a foreigner or not, it is still about two people that have met and coming to live together, and how they feel about each other.

    I also don’t think that anyone should tell the other that he or she should not marry this person because he or she is a foreigner. It should be about individual feeling, how you feel about that person and how the person feels about you and whether the person wants you too. And also whether he wants to live with you and marry you.

    The same goes for marrying into other tribes within a country, whether, Ibo, Hausa, Yoruba, Kanuri and so on, all that does not follow, it is still about the two individuals that are going to come together to live with each other. I don’t think barriers such as this should be in the way of two people who like each other, who want to live with each other and have agreed and decided on what their future should be together. Anyway, I say all this because I didn’t follow or allow a barrier come between my husband and I.

    What does wealth means to you?

    When I get wealthy, I will find out! Right now, I’m still trying to find out what wealth means (laughs).

  • Easter: Let’s unite against terrorists- Jonathan

    Easter: Let’s unite against terrorists- Jonathan

    President Goodluck Jonathan has urged Nigerians to unite against global terrorists and their local accomplices who want to divide the country.

    He made the call in his Easter message to the Nation.

    Full text of the message follows:

    “I greet and felicitate with you all as we celebrate Easter which commemorates the resurrection of our Lord, Jesus Christ after his redemptive self-sacrifice for the eternal salvation of mankind.

    “Irrespective of our religion or faith, all holidays provide us with a fresh opportunity to establish stronger bonds with our family, friends and all those around us for more enduring, harmonious and beneficial relationships.

    “As we celebrate this year’s Easter therefore, I urge all Nigerians to rededicate themselves to living in peace and oneness with all members of their communities no matter their ethnicity, religious beliefs or places of origin.

    “By now, it ought to be an accepted fact amongst us that our immense potential for greatness in the comity of nations derives in the main from our collective strength as a country of close to 170 million people and the acclaimed richness of our diverse human resources and natural endowments.

    “It follows, therefore, that to successfully achieve our vision of becoming one of the most dominant nations on the global stage in the shortest possible time, we must stay together as a people and continue to effectively resist by all possible means, the evil machinations of global terrorists and their misguided domestic accomplices who seek to provoke turmoil, hatred and harmful divisions among us.

    “I assure all Nigerians that our security agencies, armed forces and I will continue to fully discharge our constitutional responsibilities for protecting the unity and territorial integrity of this country with all the powers and forces at our disposal.

    “We must have peace, security and stability to effectively implement our agenda for national transformation in all parts of the country and we shall continue to work ceaselessly to re-establish the prerequisite conditions for nationwide progress and development.

    “For your part, dear countrymen and women, I urge you to continue to exhibit restraint and understanding in the face of seeming provocations. Those who mindlessly and indiscriminately attack churches, schools, health workers,  motor-parks, banks and ordinary road users must be seen as they truly are: the brainwashed pawns of international terrorism.

    “They do not represent any true religion or section of the country and we must never play into their hands by succumbing to their nefarious ploys to incite religious, ethnic hatred and division among us.

    “It is my hope and prayer that as we celebrate the glorious resurrection of our Saviour, Jesus Christ, his lessons of self-sacrifice, brotherly love, placing others before self, tolerance, obedience, respect for lawful authorities, dutifulness, diligence, honesty, justice and fairness to all will take firmer root in our beloved country and help us to overcome present challenges and build the more peaceful, secure, united, progressive and prosperous nation of our dreams.

    “I wish you all happy Easter celebrations.”

  • CBN to maintain value of  Naira

    CBN to maintain value of Naira

    The Central Bank of Nigeria  (CBN) continues to intervene in the currency markets to bolster the Naira, after its recent weakening to a seven-month low of 159.10 to the Dollar.

    Although Nigeria is the largest oil-producing nation in Africa, inflation and the need for imports have weakened the currency of late. This fall in value has prompted investors in Nigerian bonds to sell their positions, thereby putting more pressure on the Naira. The CBN’s stated objective, however, is to maintain the value of the nation’s currency within a tight bank of three percent, either side of 155.00. The Naira had strengthened to this plateau over the past year, maintained it for months, but then gradually began to depreciate over the last three months.

    Inflation was the primary concern in 2012. The central bank on six consecutive occasions raised interest rates to address rising prices. Rate changes stopped in November, resting at a 12 percent level. The NCB has passed on any rate adjustments since that time. Lamido Sanusi, Governor of the Nigeria Central Bank, stated this week that he expects the bank to leave interest rates unchanged at 12 percent over the coming months so as not to jeopardize the bank’s efforts to bring inflation back down to single digits, a program designed to stabilize the Naira’s exchange rate.

    Concurrent with this maintaining a constant interest rate posture, the CBN, however, has intervened in the currency markets by holding two U.S. Dollar auctions of $300 million and $276 million over the past week to cover various import needs of the country. When coupled with anticipated month-end sales by local oil producers, the combined effect is to provide stability for the Naira and keep it below the 159.75 threshold. The Naira today is holding steady at 158.55.

    Sewa Wusu, an analyst at Lagos-based Sterling Capital Ltd., has stated in a phone interview with Bloomberg that the “CBN’s increased intervention through the auction has ensured Naira stays within the targeted band amid increased dollar demand.”

    As for near-term prospects, most currency experts are forecasting a stronger Naira, based on the previous open-market actions and expectations of local oil companies. Investors also seem confident that the central bank will continue to support the Naira, as well. One dealer noted that, “We see the Naira trading around the 158 Naira to the Dollar level this week and early next week with more oil companies selling dollars as part of their month-end sales.”

    In a recent Reuters’ survey, 8 of 9 economists predicted that the CBN would not budge from their 12 percent interest rate benchmark. “The main focus of the debate … will be the inflation outlook … and the recent weakness in the currency,” said Andrea Masia, a Morgan Stanley analyst. He was also quick to add that the 2013 budget will have monetary implications that could impact inflation, as well. Inflation currently sits at 9 percent, but Governor Lamido Sanusi has publicly expressed concerns regarding the pressure posed on prices arising from outside of the country.

    Nigerian President Goodluck Jonathan recently approved a 4.99 trillion Naira budget that had received Parliamentary approval in February. The new budget represents a slight rise in government spending of 1.4 percent, a tentative compromise reached after several months of serious debate over future spending plans.

    The stage is now set for further minimal gains over the following week. Kunle Ezun and Kenneth Asenime, local analysts at Ecobank Transnational Inc. in Lagos, suggested a 158.10 figure in a newsletter to their clients, “with bias for moderate appreciation due to monetary policy support.”

    Bio:

    Article by Tom Cleveland of forextraders.com. Mr. Cleveland has been writing about economics and investments since 1980. Since 2010, Mr. Cleveland has been specifically researching currency fluctuations and many aspects of forex news. To read more on his work, view the news section on Forex Traders.

     

     

  • Mambilla Plateau: Nature in its pre-eminence

    Mambilla Plateau: Nature in its pre-eminence

     The Mambilla  Plateau is one attraction in Nigeria that the magnificence  leaves one in search adequate words to capture. Having experience the beauty of the place, there is always the desire for a second visit. Where does one start in capturing the place? Is it the sheer immensity of the rock formation or the twists and turns as one drives to the top  the plateau.
    Climbing the hill is not for the faint-hearted because of the twist and turns as the road meandered upward.  But a trip to Mambilla without these  experience would not be complete. It is just like being suspended on the sky, held only by a tread tied to one’s ankle, looking down on valley, one could just come crashing down on deep, sharp valley.
    The first point of call is Hawa Biu Da Sisi, meaning two and half shilling hill, the tour guides explained that in the olden days before the road was carved out of the rock, there were load carrier who normally carry loads from the bottom of the plateau to the top. A trip normally takes two weeks from the foot to the top of the hill. The cost par trip is initially two shilling, but having negotiated that amount, on getting to the steep sharp corner, the load carriers would demand for an extra half a shilling, hence the name.
    The first corner is Kwanan Gomna, said to the point the point where the former Governor of Northern Nigeria, Sir Kassim Ibrahim reach before deciding to go back.
    Other key poins are Tungar Gorah, Kwanan Drum, Tungar Ahmedu.  Tungar Ahmadu is close to the top of the hill. This point was said to be the point where the former premier of the North, Sir Ahmadu Bello decided to reach before deciding to go back. According to the indigenes of Gembu, it was in recognition of the effort of Sir Ahmadu Bello that the whole of the local government area was named Sardauna council area, in honour of the former premier who was also the Sardauna of Sokoto.
    One of the signs that one was getting to the top of the mountain range is the cooler nature of the weather and then the presence of well fed cattle who lazily shamble along the treacherous road unmindful of coming vehicles.  A vehicle had to horn repeatedly before the cattle will leave the road. Here in Mambilla, the cattle have right way. Gradually the climbing ended and what one could see was a stretch of prowling ranches that on undulating ranges of hills. However, before entering the town proper one stopped at a spring stream that a pip has been places at the mouth to channel the water out. The tour guides explained that every visitor coming to the town is expected to drink form the water before proceeding. The water was cold and refreshing, just what is expected of a spring water.
    The tragedy of Mambilla  Plateau is that successive government both in state and the federal level are yet to come up with idea of how this endowment for benefit of mankind.
  • Achebe: Adieu, agent of change

    Achebe: Adieu, agent of change

    The news of the death of the foremost African folklorist, Prof. Chinua Achebe as shattering as it marks the nunc dimitis of pioneer African writing. This indeed shows what stealth death can do even to those whose lives and works have become institutions. The death of Achebe underscores the immortality of all living creatures even as their good works will live on.

    Described by President Nelson Mandela as the “writer in whose company the prison walls fell down”,Achebe  and writing sought   to and did liberate souls and people who were captives man’s inhumanity to fellow men Achebe, the acclaimed asiwaju of Nigerian writing began writing at a time African literature was not in contention and had helped shape the African personality.

    He told his story, the society’s story and parodied the hitherto African and the evolving pre – and post – independent Africa, aside from predicting, with great precision, the destination of the emergent African states who have toed the wrong political lines.

    His book, A Man Of The People, was very prophetic and depicted the early rut in the system which culminated in Nigeria’s first Military coup.

    Just as his all – time best seller, Things Fall Apart exposed the primordial Igbo society, his essay, “The Trouble With Nigeria”, has remained the political reference book of any politician who trains his eyes on effecting social change. His apt diagnosis of the Nigerian social malaise and very succinct prescription for good governance sounds like a text of the lips off Che Guevera. He was a quiet revolutionary.

    Never losing hope in the ability of his Country Nigeria to rise and shine, he had beamed the klieg lights on all those things that had bedeviled social change and growth, and cautioned against resurgence. These he laid bare in his recent work, “There Was A Country”.

    This detailed narrative of the Biafara debacle should be patriotically read with a view to gleaning all the lessons Achebe wanted Nigerians to learn in order to coexist as a people, more so as those threats at national stability are everywhere.

    By his death, we have lost a gem, an archive of historical developments and an agent of change. Adieu.

    The Hon Barr. Nwabueze Ugwu

    Ikpemalueziokwu of greater Awgu land.

     

  • Soyinka: Nigeria on the brink

    Soyinka: Nigeria on the brink

    Nobel laureate Prof. Wole Soyinka warned yesterday that Nigeria is on the brink.

    If the leadership fails to halt the growing insecurity, said the playwright, it may end in a civil war.

    The National Leader of the Action Congress of Nigeria (ACN), Asiwaju Bola Ahmed Tinubu, faulted the Federal Government’s handling of the Boko Haram crisis and suggested “a carrot and stick approach”.

    Central Bank of Nigeria (CBN) governor Sanusi Lamido Sanusi faulted the current political arrangement, where people without known pedigrees find their way into public offices. He suggested a review to enthrone the best.

    Lagos State Governor Babatunde Fashola urged the Independent National Electoral Commission (INEC) to make public the process for mergers to ensure that parties willing to fuse together do so easily. This, he said, will prevent unnecessary acrimony and reduce the cost of elections.

    They all spoke in Lagos at the fifth edition of “The Bola Tinubu Colloquium” held as part of activities marking the former Lagos Governor’s 61st birthday.

    The theme was “Beyond mergers: A national movement for change. A new generation speaks”.

    Other speakers were young professionals —members of the new generation.

    They includeManaging Director, Frontier Capital Limited, Femi Edun; Chief Executive Officer, Venia Consulting, Kolawole Oyeneyin; lawyer Myani Bukar; musician Olubankole Wellington (Banky W) and Special Adviser to Ogun State Governor on Millenium Development Goals Mrs. Hafsat Abiola-Costello.

    Soyinka particularly faulted the way President Goodluck Jonathan appears to be treating the threat posed by the Boko Haram insurgency.

    “Let’s face it. This nation is on the brink. There are those who don’t understand this, who won’t accept this. I feel very sorry that they will wake up and find out that we have fallen over the brink. It is not what we envisaged during our struggle for independence.

    “It is not what we envisaged when we struggled to overthrow dictatorship and install the rights and dignity of human beings and citizens in the society. But, whether we like it or not, it has come upon us.

    “My problem with the government right now, especially the President of this nation, is that he doesn’t seem to realise it.

    “He has not taken the people of this nation into confidence. By now, it is my belief that the President should be addressing the nation – and in great details – explaining why, if he agrees, that this nation is at war and that certain things have to be done to ensure that we pull back from this second round of what is moving towards a civil war. That, of course, is if he and his government accept this.

    “By now, we should be tightening our belts in many different directions. By now, we should never have persuaded ourselves to see what is happening in the North as being confined in the North. It has been obvious all along that this is not a Northern affair alone; no!

    “I read in the papers the other day that some cells have been found, trying to blow up Lagos. My reaction was what is new about that?, We have said this ages before on various lecture podia, that wait a minute, it is happening there, but believe me, it is happening every where.

    “And this consciousness should have been imparted to Nigerian citizens from the very beginning, at least two years ago. So that everyone understands that the problem we are facing right now is not just regional. It is national, it is a humanistic problem.

    “I remember the four horsemen of the apocalypse. I can’t remember precisely what they were, but I know they were plagues. There is the fifth. And it is called Boko Haram. That is the kind of language that the leadership of this nation should be imparting to Nigerian citizens today,” Soyinka said.

    In Tinubu’s view, Nigeria is drfting apart because “we have leadership that is dividing us more and more every day”.

    He called for value reorientation among the leadership and suggested a reversal to the old national anthem that de-emphasises differences.

    “We must question ourselves in Nigeria. I disagree with my brother and friend Sanusi Lamido Sanusi who says youth may form your own party. Politics is not economic policy where you can change a bank note.

    “If only to merge, some people are already forging names, and trying to prevent the creation of APC. You can imagine what you will go through.Come and join us. You see, with a wife like this (pointing to Oluremi standing behind him), is politics not sexy? Join us, it’s sexy here on our side.

    “On your side, it is a challenge that you have to face. It’s not a question about age. We have seen example of age.

    “The present President is a young man, but he has been appointing an 83-year-old man to be chairman, not just of board of trustees, but of Ports Authority where high decisions, articulated, modern, 21st century information technology are needed. How do you modernise? So, youth belong here.

    “We can see the live tweets of this event. So, it’s not about age. There are a lot of educated relics. I have not seen anything higher than Ph.D in the academic curriculum of universities. So, we have a Ph.D man (holder) there now.

    “What will do it for you is strong determination, perseverance, courage and boldness. If we fail to join the movement, we’ll fail to continue to interrogate our leaders, and fail to do what you did during the oil subsidy removal.”

    On security, Tinubu said: “No nation has fought a religious war and survived it. It is no winner, no loser. We’ll end up coming to the table to discuss. Therefore, it’s a clarion call: we must find those who are responsible for the bloodshed, but we must apply justice.

    “Those with human blood in their hands must be brought to justice. But we cannot throw away the question of amnesty. It’s a carrot-and-stick approach. And we used it before. Surrender your guns; we give you money for it. Why can’t we do it again?”

    The CBN Governor, who took over from Soyinka as chairman of the event, argued that it was wrong to assess a nation’s economy in isolation of the wellbeing of the people.

    “What is destroying this country is that people are corrupt and doing nothing. We need to be asking, as civil society, what are we doing?

    “One governor asked a minister publicly, ‘in the years you have been minister of so, so ministry, please tell me one project you have completed’. I have been reading the newspapers everyday to see the projects completed by that minister. I have not seen one.

    “Now, this is not a question that a governor should be asking a minister. It is a question that Nigerians should be asking their public officers. How can you be a governor or minister for four years and not be able to stand up and say this is what I have done.

    “And you know what will happen? After the elections, the same ministers will go through a process that is supposed to be a screening process, and they will stand there on national TV, and talk about what they did as ministers, and they will end up saying nothing. And they will be unanimously confirmed.

    “We are a country which has absolutely no regard for merit and competence. We talk about federal character. There must be a minister from every state. I have talked about this over and over again.

    “What is the connection or relationship between the number of states in the federation and the number of ministries we should have at the federal level?

    “It is so unintelligent. So, you must have 36 ministers whether or not you need 30 ministries. Plus another six from different geo-political zones. And the only qualification to be a minister is that you should come from a state and should have attempted WASCE.

    “In other countries, it is assumed that before someone is even proposed for public office, he would have to show certain skills,” Sanusi said.

    He urged the youth to be inquisitive, engage the nation’s leaders and get involved in political activities so that they could help bring about the needed change.

    Sanusi argued that the youth could effect the change the nation desires if they could organise themselves and form a political party. He noted that with their current population, they could displace the current old political players.

    Fashola faulted the political arrangement in the country, noting that as things are now, it will be difficult for the ruling party to be displaced and the needed change brought about.

    He said such would only be possible if the merger being planned by the opposition succeeds, thereby narrowing down the gap between the ruling party and the opposition.

    “In India, the difference between the opposition and the party in power is so thin. So, the party in government disconnects with its people at its own peril. It’s out at the next election. So, that is the capacity for change that the merger that is on the horizon brings. The only thing that I can say to the regulator of that process is that I have looked at the provisions for merger as well.

    “It is the same oil money that passes through our hands that passes through the leaders of Dubai. Therefore, although the guidelines are there, the question to ask is what does a party that needs to merge do? Should it keep its name and hide it because some people will hijack it?

    “Or should it get a trademark and patent first? In my view, the regulator owes a duty to this society to ensure that the provision for mergers have a real chance of being actualised. And in that way, it will save itself the agony of re-registering parties and deregistering them, because once it midwifes one merger, the possibility for strengthening political alliances becomes real.

    “The cost of election in that sense will come down. Ballot papers will stop looking like a long sheet for pool betting.

    “I think, therefore, that the signs coming out now are very refreshing and I hope that as we look on beyond mergers, we’ll see that the birth of mergers will give us a new national movement for change that will include a very strong positioning for this generation, the generation of tomorrow that are here today.”

    At the event anchored by Lagos State’s Attorney General Ade Ipaye were ACN National Chairman Chief Bisi Akande, the party’s chieftain, Tom Ikimi, Senator Buka Abba Ibrahim, Senator Chris Ngige, Senator Abu Ibrahim and Senator OlorunnimbeMamora.

    There were also governors – Comrade Adams Oshiomhole (Edo), Rauf Aregbesola (Osun), Dr. Kayode Fayemi (Ekiti) and Senator Ibikunle Amosun (Ogun), former governors Segun Osoba (Ogun) – Otunba Niyi Adebayo (Ekiti), Donald Duke (Cross River) and Abubakar Audu (Kogi).

    Otthers include Oba Rilwan Akiolu of Lagos, Gen. Alani Akinrinade, Ayo Opadokun, Chief Molade Okoya-Thomas, rights activist and lawyer Femi Falana (SAN).

    Oyeneyin, who spoke passionately on the topic, “Beyond Merger- Responsibility of Older generation to the younger generation said many youths were angry with the country our leaders left for us.

    To him, the situation is like a time bomb waiting to explode – if nothing is done to address it.

    “We are a generation that have never witness a good Nigeria and I speak for myself and people within my age bracket. We have kept so much in our heart as young people and I think time has come for us to speak out, Oyeneyin said.

    He said it is sad that a country with youth population of 67 million, the present political structure is built in such a way that the youth have been cut off from governance.

    He said change would come if young people are brought on board, considering that they have the intellectual and human capacity.

    He also charged the leaders to kill the mentality that youth are leaders of tomorrow. “Tomorrow is already here,” Oyeneyin said.

    He said the youth must be part of the ideology, stressing that they must not be left out in decision making.

    Mrs Abiola-Costello, who spoke on “Millenium Development Goals- where is Nigeria,” said the country was lagging behind in the implementation of the eight goals, but, in her view, the Southwestern states have done so well compared to their counterparts from other region.

    Wellington urged the youth to be involved in the political process, by first, registering to vote, and actually voting for the right candidates.

    It is either they do that, he said, or they sit back and let someone else “steal your voice”.

    He said the youth should continue to protest peacefully against misrule, using social media (also new media) as a tool. “Become fully involved in the political process. Use whatever voice or platform you have constructively,” Wellington said.

    Bukar argued that most internal conflicts where citizens kill one another often arise from countries’ inability to effectively define who a citizen is.

    He praised the effort of the National Assembly to replace state of origin with residency in the Constitution.

    “Indigineship should be replaced with residency; Federal Character principle should be done away with. Land ownership should be revisited,” Bukar said.

    He urged the youths to be interested in, and involve in the task of nation building.

    He praised the attempt by the opposition to form a formidable party, but warned that they should be interested in the country’s growth, failing which the youths will cease to collaborate with them.

  • Nigeria, France trade volume hits $7b

    Trade between Nigeria and France stands at $7 billion, Nigeria’s Ambassador to France, Ambassador Akin Fayomi, has said.

    Fayomi told reporters that the figure represented the volume of trade last year.

    “As at 2012, the volume of trade was about $7 billion which translates to about 4.5 billion euro. It is a lot of money considering the economic recession, though given the potentials of Nigeria, we feel it is not enough.

    “We are France’s second largest trading partner in sub-Saharan Africa, and the trade is in favour of Nigeria as oil is our main export,” he said.

    The envoy, however, said French investors were keen on exploring other areas of investment.

    “Already, there is a lot of involvement in other sectors like construction, manufacturing and others. The oil sector is saturated; Total has been operating in the country for many years.

    “Also in Pharmaceuticals, there are some companies that manufacture drugs in partnership with some Nigerian companies,’’ Fayomi said.

    He added: “Similarly, in waste management and maintenance culture, some state governments are in partnership with French companies.”

    Fayomi further said the embassy was liaising with some French institutions for exchange programmes for Nigerian students and teachers in order to encourage the study of French as a language.