Tag: Nigeria

  • Good Old Days? Nigeria and the empire of impunity

    Good Old Days? Nigeria and the empire of impunity

    Sir: The elderly love to talk about the “good old days” in Nigeria: Streets supposedly gleamed with honesty, neighbours were paragons of virtue, and history was a neatly bound novel of saints and patriots. The young listen, hypnotized by nostalgia, almost convinced that rascals were extinct back then.

    Ah, but the good old days were never good. They were messy, morally bankrupt, and populated by architects of chaos—the very men who could rig elections, loot public coffers, and disappear into impunity as if wrapped in invisibility cloaks. The nostalgia is a clever disguise, hiding a rot that has seeped through generations like oil in a leaky pipeline.

    Excessive greed has always been Nigeria’s national sport. From colonial collaborators to post-independence politicians, every kleptocrat, every kakistocrat, every “big man” in a suit has fed on it. Impunity is the soil in which this greed grows, nurturing corruption like weeds strangling the roots of progress. Where consequences are absent, embezzlement becomes an art form, and morality evaporates faster than promises before an election.

    Consider the political theatre: governors, senators, and ministers strut like peacocks in public, their feathers dazzling the electorate. Behind closed doors, they clutch contracts, budgets, and public resources, performing a choreography perfected over decades. The judiciary winks; regulatory agencies yawn. And the ordinary citizen? Left to marvel at headlines, shrug at scandals, and mutter, “Well, at least it’s not worse.”

    Nigeria’s “good old days” nostalgia is especially delicious because it is self-serving. Those who speak fondly of history were often the very gardeners who planted the weeds, the potters who moulded the mud, the conductors of a symphony of avarice and impunity. They polish history like varnished skulls, leaving hollow memories dressed in sepia-toned lies.

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    Impunity is not inert. It is a living, breathing creature. It slides into ministries like a cat, flirts with politicians like a siren, whispers to bureaucrats with intimate charm, and giggles as commissions, audits, and anti-graft agencies fail spectacularly. It thrives in Nigeria because we let it, celebrate it, and occasionally film it for viral TikTok.

    Take the elections. Take the looted pensions, the missing infrastructure funds, the unbuilt hospitals, the collapsed bridges, the schools that look like post-apocalyptic sets. All evidence of impunity’s subtle genius. It grows stronger with every unprosecuted scandal, every delayed court case, every public official who leaves office with pockets lined and conscience empty.

    And yet, the nostalgia persists. It comforts the old and seduces the young. It whispers: “Look, not everything is corrupt; the past was cleaner.” But it wasn’t. History is riddled with rascals who looted, lied, and laughed while ordinary Nigerians bore the consequences. The difference today is transparency and social media—the corruption is more visible, but so too is the impunity.

    The solution is not comforting. Confronting impunity in Nigeria is like confronting a dragon: patient, cunning, and terrifyingly seductive. It demands courage, transparency, accountability, and the political will of citizens who refuse to be silenced by nostalgia or seduced by patronage. Shine light into every shadowed corner. Demand justice where none exists. Celebrate integrity where it struggles. And stop applauding rascals in tweed and tailored suits, however polished their speeches.

    The good old days exist only in memory, a sepia-tinted hallucination. Nigeria’s challenge is to cultivate integrity in the soil history has left—however infested it may be. Only then can we break the chain of impunity, ensuring that the rascals of today do not become the nostalgia of tomorrow.

    Because impunity thrives not on history’s mistakes but on our willingness to forget them. And in Nigeria, if we forget, the cycle continues: embezzlement, scandals, and rhetoric, all performed with the theatrical grace of actors in a tragicomedy we call politics.

    •TJ Ishola, United Kingdom.

  • Nigeria since the return to democratic governance

    Nigeria since the return to democratic governance

    General Olusegun Obasanjo came back to power in 1999 when General Abubakar Abdul Salami after a rapid transition and transfer of power to what looked like a civilian regime. Obasanjo appeared to be divinely chosen to impose some form of disciplined stability on the country having suffered and survived Abacha’s humiliation and possible plot to get rid of him permanently, but the problem however strong he might have been, seemed to defy solution. He assembled a team of experienced people some of them with global financial experience and expertise and also local experience. He succeeded to get rid of the debt overhang that made reforms difficult. He also brought into being special anti-corruption organizations like the Independent Corrupt Practices Commission (ICPC) and the Economic and Financial Crimes Commission (EFCC). There were other fighting instruments in the police and other bodies but the two new committees were established to give teeth to the president’s fight against corruption. The president also got a reduction of Nigeria’s external debt by substantial reduction while paying off what was left so that Nigeria could begin all over again. In the eight years of the regime, all seemed well even though the internal infrastructure of the country appeared to have been neglected and in the euphoria of not having been bogged down by the debt overhang, the president seemed to have been obsessed with getting the whole of Africa along with his development scheme with his South African colleague Thabo Mbeki forming institutions to pull Africa toward development. 

    Ironically the scheme was tied substantially to western financial development grants and foreign direct investment if Africa cleaned up its administrations, purged of corruption and policed by African governments calling corrupt regimes to order.  This was to be called New Partnership for African Development (NEPAD) which was to ensure the flow into Africa of billions of dollars. Some $60 billion was estimated as what Africa needed in investment and grants to develop its primitive infrastructure.

    It was premised on Africa attracting this huge amount for ten years. At the end of one year, little came in since the capitalist western world must have laughed at this ambitious program running into billions of dollars yearly for say about 10 years to develop African infrastructure while African Peer Review Mechanism (APRM ) was designed to monitor each country’s performance and call to orders the guilty or laggard.

    Much time was needed for the maturation of this grandiose new scheme. Not much investment came in the first year and soon the program ceased being a serious scheme as soon as Obasanjo and Mbeki left the stage followed by a sick but well-meaning Umaru Yar’Adua in Nigeria.

    He was succeeded in office following a national movement led by Pastor Tunde Bakare that Yar’Adua’s vice president Goodluck Jonathan should be made to succeed the deceased President Umaru Yar’Adua. The Jonathan regime’s unsure hold on power made it dependent on pressure groups mostly from the East and the North without solid national support until edged out in 2015 by General Muhammadu Buhari whose eight years of its stay in power was remarkable for its corruption, effeteness and additional burden for the future by borrowing foreign loans with little to show for them. The president was not in control of his government because he was hobbled down by illness and constant traveling to London sometimes for months.

    It is too early to pass judgement on the Bola Ahmed Tinubu government except to say if it succeeds on its infrastructure drive of building trans-Nigerian roads from Lagos to Calabar and Badagry to Sokoto, it would have made serious impact on the economic development where its current record of stabilizing the national economy and the Naira marks a great departure from the free fall of the economy during the Muhammadu Buhari era. There is however the challenge of making this macro-economic success translate into micro-economic success and money in the pockets of Nigerians.

    Unfortunately the two recurring decimals of corruption and tribalism are as high as in previous years. There is also an attempt to create regional bodies to diffuse more power from the centre to the periphery but it is on top of the 36 states and the 774 local governments administration areas creating another layer of administrative organs in already over bureaucratized country all dependent on federal funding and whose staffing demonstrate all the signs of political jobbery. What this shows is that there is a need for wholesale review of the present constitution to move away from the concentration of power into the hands of a pooh-bah in a plural country. There is so much emphasis on politics in this country and little or no emphasis on the economy.

    There is ever a thriving discussion on sharing of the national cake and very little discussion on baking the cake and yet it is clear to all intelligent observers that if we expand the economy and there is work for those who want to work, it would not matter who occupies what office because people will be too tired after work that what they need is rest after a hard day’s work. What we have in today’s Nigeria is that we abdicate the demands for work and pray for breakthrough in our churches and mosques and we talk about making heaven when we have not made a much easier success on earth!

    The founder of the CITADEL Church publicly presented a plan for economic development for this country in which he emphasized the role of Biblical Joseph in saving ancient Egypt at the time of global famine. It was based on dividing the country into economic zones and each zone producing on the basis of economic advantages. It made so much impression on me that I hope the managers of our economy would factor it into their plan for economic revival of our country. There is much to be done in this country and little time left for us to do it. We should learn from countries like India, Russia and Canada whose vast territories and complex linguistic diversity did not hinder their development and countries like Germany and Japan which were destroyed by the Western allies during the Second World War and having no natural resources but depending on the grey matter of their people and their grit and determination, pulled out of economic ruin because they paid more attention to merit than any other consideration.

    Nigeria is not devoid of this and we owe it to our people and those coming after us that there is nothing wrong with our stars but only with us. We can do it only if we plan to succeed. We may be an artificial country yet most countries are like us, there are very few countries that were created naturally. Think about this.

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    Finally I have decided to leave the issue of our country’s relevance in the comity of nations till the last on the basis of the fact that a country’s foreign policy, power or influence is linked with how the country is doing at home; in other words, there is a link between the domestic power of a country and its influence abroad. When Nigeria fought the civil war, substantial portions of the international community were appalled at the suffering of children, women and the elderly. The French under General Charles de Gaulle was so touched that but for the British pressure, France would have recognized Biafra. The British were on Nigeria’s side because of the economic ties between Britain and Nigeria and the influence Nigeria‘s presence in the Commonwealth of nations. But for British influence on  our side, President Richard Nixon  of America would have swung to the side of Biafra  because of the powerful influence of Biafran propaganda in the west. The Egyptian pilots who flew the MIG29 jets sold to us by the Russians were probably driven by Islamic motive. Whatever were the motives of each nations involved in the Nigerian-Biafran civil war, the underlying work of diplomats was very important. It is true that global communication advances are eroding the traditional influence of diplomatic representations but we must not completely cut off ourselves from showing the flag where it truly matters. The current economic situation in our country may not make full diplomatic representation at the highest level wise but we can rationalize our representation to our traditional trading partners and to the capitals of the greatest powers in the world starting from the capitals of all members of the Security Council of the United Nations and to the UN itself. We can reduce the crowd of representatives in African countries and have double representation – accreditation in most of them on regional basis.

    I do not believe that we should leave all our embassies manned by charge d’affaires ad interim. It sends the wrong signals that our country is bankrupt and cannot be taken serious by economic actors where it really matters. At our level of development, we cannot afford to be taken as a basket case.

    The reasons why the Tinubu administration does not have principal representatives of the country is understandable but not overwhelming. Our African brothers are beginning to lose interest in us and we cannot afford this at the same time we are batting for influence in the world and claiming that a reformed UN must have African representation on the UN Security Council. We have put our country forward as the natural African leader. We have to work to earn the leadership of Africa and the Black world.

  • Startups in Nigeria, others raise $2.2b

    Startups in Nigeria, others raise $2.2b

    A total of 58 start-ups in Nigeria and other parts of Africa raised over $140million last month ramping up the total cash raised this year to date to over $2.2 billion, new data released yesterday has shown.

    According to Africa: The Big Deal, the latest update of the monthly start-up deals database gave quite a bit of work, as September saw a total of 58 companies raise $140 million on the continent (exc. exits). From an amount point of view, this is below average, yet equivalent to what had been raised in Sept 2024 ($146million), and above the Sept 2023 tally ($124million).

    What is notable though, is the number of ventures who raised at least $100k last month, the second-best in a year (just behind July), the data noted.

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    Of the $140million raised, $105million (75per cent) were equity, and the rest mostly debt ($32million) and some grant funding ($3million, including 16 match-funding grants from DEG Impulse as part of their new develoPPP Ventures cohort in East Africa – see here and here). The five largest transactions of the month were all equity: Kredete (fintech, Nigeria) announced its $22million Series A; Pura Beverage closed their $15million Series B (not technically a start-up, though they’ve decided to go the VC route for their financing), Contractable (identity, South Africa) bagged $13.5million, Intella (AI, Egypt) closed a $12.5million Series A; and The Invigilator (education, South Africa) secured $11million.

    There were also five exits announced in September, including three in South Africa where a consortium led by Twofold Capital acquired fintech TaxTim, edtech Rekindle acquired EpiTek, and fintech Street Wallet acquired Digitip. In North Africa, logistics start-up Cathedis was acquired by super app start-up Ora Technologies in Morocco, and healthtech Duaya acquired EXMGO in Egypt.

    “If we zoom back and look at quarterly numbers, start-ups in Africa have raised $785million in Q3, which is lower than Q2 ($963million) but significantly higher than Q1 ($461million). It is however a very strong Q3, comparing very favourably to the same quarter in 2024 ($649million), 2023 ($496million), but also 2022 ($612million). Start-ups in Africa have now raised $2.2b in 2025 to date (‘YTD’, exc. exits), which is only about $40million from the total raised in the whole of 2024,” the report noted.

  • How grassroots change can transform Nigeria

    How grassroots change can transform Nigeria

    • By Nosa Osaikhuiwu

    Sir: For decades, countless efforts have been made to diagnose and solve Nigeria’s problems, yet many have proven ineffective. The common explanations—corruption, unemployment, maladministration, poor leadership, decaying infrastructure, and lawlessness—are not the root causes. They are symptoms. The deeper issues run through the moral and cultural fabric of our society. At its core, Nigeria suffers from a weakened moral compass, unchecked greed, and erosion of ethical values.

    To understand this more clearly, let us borrow from mathematics. Imagine two baskets of tomatoes: one filled with good tomatoes, the other with rotten ones. The probability of picking a fresh tomato from the first basket is almost 100 per cent, while the chance of selecting a rotten one is close to zero. In the second basket, the odds reverse. This simple model reflects our reality—our society’s “basket” determines the likelihood of producing citizens who act with integrity or corruption.

    If the system is rotten, even well-meaning leaders and institutions struggle to thrive. This is why true transformation must begin at the cultural and ethical level.

    Why does bottom-up change matter?

    Some argue that cultural change must start from the top. But how can leaders who are products of a compromised culture effectively reform the very system that produced them? History has shown this is unlikely. Real change begins from the ground up—in our schools, homes, workplaces, and places of worship—before it can rise and influence the nation’s leadership.

    This is where the “boiling water theory” provides a powerful analogy. As water heats, molecules at the bottom begin to move faster. They rise, fall back, and collide, transferring energy. Eventually, when enough molecules are in motion, the water reaches a tipping point: it boils. Cultural transformation works the same way.

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    Change may start quietly at the grassroots—among students, market women, youth, and civil society. But as these values rise, fall, and spread, momentum builds. When society reaches its critical mass, corruption and lawlessness will no longer be tolerated, and the culture itself will shift.

    For Nigeria to reach this boiling point of renewal, we must invest consistently in values-driven change. This can be achieved through: Reforming the education system to include ethics, integrity, and moral instruction; promoting public awareness campaigns on transparency, accountability, and citizenship; using movies, documentaries, and media to shape cultural attitudes toward honesty and responsibility; and mobilising labour unions, youth groups, and market women’s associations to champion integrity at the grassroots.

    It can also be achieved through replacing “state of origin” classifications with “state of residence” to strengthen national identity; teaching the importance of restitution before forgiveness and showing how small practices—like spraying money at parties—feed corruption; expanding the role of the National Orientation Agency and civil society in promoting ethical standards; and enforcing lifestyle audits for public officers to hold leaders accountable.

    Nigeria’s transformation will not be delivered by decree or imposed from the top. It will rise from classrooms, markets, churches, mosques, and living rooms. It will rise when parents teach their children the value of honesty, when schools reward integrity over shortcuts, and when communities refuse to celebrate corruption in any form.

    Just as boiling water cannot be stopped once the critical temperature is reached, so too will Nigeria’s renewal be unstoppable once her people demand integrity as a way of life. If we choose values over vice and accountability over apathy, we will not only solve today’s problems—we will build a future where generations can thrive.

    •Nosa Osaikhuiwu,

     Texas, United States of America.

  • AACS’s pre-Inauguration economic recovery plan and Nigeria’s roadmap to economic stability

    AACS’s pre-Inauguration economic recovery plan and Nigeria’s roadmap to economic stability

    • By Falil Ayo Abina

    In recent times, Nigeria’s macroeconomic trajectory has seen a remarkable turnaround, drawing praise from multilateral agencies, economists, and global investment leaders. The World Bank, Moody’s, Dr. Ngozi Okonjo-Iweala, Prof. Chukwuma Soludo, Governor Alex Otti, and Adebayo Ogunlesi are among the voices recognizing the country’s bold steps toward economic reform and stabilization.

    The World Bank’s “Building Momentum for Inclusive Growth” report highlighted a significant improvement in Nigeria’s fiscal outlook. The fiscal deficit has narrowed substantially from 5.4% of GDP in 2023 to 3.0% in 2024, a powerful indicator of fiscal discipline and policy coherence. Complementing this development, Moody’s upgraded Nigeria’s credit rating from Caa1 to B3. Fitch also upgraded the country’s rating to B from B- with a stable outlook, further affirming renewed investor confidence and macroeconomic stabilization.

    Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization, commended the Tinubu administration’s efforts, stating, “You can’t really improve an economy unless it’s stable.”

    Prof. Chukwuma Soludo, former Governor of the Central Bank of Nigeria, also lent his voice in support, stating: “The audacious structural reforms embarked upon by the current administration of HE Bola Ahmed Tinubu have rescued the economy from the tipping point.”

    Similarly, Governor Alex Otti, a seasoned banker and former Managing Director of Diamond Bank, acknowledged that while the reforms have been tough, they are essential to placing Nigeria on a sustainable growth path.

    Adebayo Ogunlesi, a globally respected investment banker and founding partner at Global Infrastructure Partners (GIP) now part of BlackRock, the world’s largest asset manager, remarked that “Nigeria is now a place that is exciting to invest in.”

    However, well before the current administration took office in May 2023, AACS a Nigerian consulting firm specializing in strategic disruption and led by Dr. Ayo Abina, had already emphasized the urgent need for comprehensive reforms. In a series of policy briefs and publications but specifically in April 2023, AACS had in its ‘ Fortnightly ’ and media interviews ’(tinyurl.com/ter6u5jhtinyurl.com/2s3jybv9,lnkd.in/eiRE9A6S), identified six critical areas and reforms that were a sine qua non  to drive Nigeria’s economic recovery and macroeconomic stability:

    – Revenue Generation: Implementing fiscal reforms to sustainably increase government revenue

    – Oil Subsidy Removal: Phasing out fuel subsidies while cushioning the impact on vulnerable groups

    – Exchange Rate Realignment: Allowing the naira to reflect its true market value to improve transparency and investor confidence

    – Oil Theft Reduction: Tackling crude oil theft to boost revenue and minimize economic losses

    – Infrastructure Development: Specifically investing in power to unlock growth

    – Tackling Insecurity: Strengthening security to attract investment and reduce disruptions to economic activity

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    AACS emphasized the importance of political will and transparency in implementing these tough reforms, which are not attributes in abundance within the political class. The reforms were not going to be popular or the politically correct thing to do, but it was the right call by leadership interested in the long term stability of a nation on the brinks. The firm also advocated for local government autonomy t.ly/KjI3h, education loans bit.ly/4o0AyZx, state police (bit.ly/4pTgTwj), and a reduction in interest rates to drive growth. Indeed, AACS on 23rd of September 2025 called for a 50 basis point reduction in interest rates once the data showed a disinflation trend (bit.ly/4qcYkUn). These reforms are not ideally rocket science but where the data led. Today, all top analysts can agree with this position especially as the result is now evident.

    While Nigeria’s economic stability is a welcome development, challenges persist especially in the hardship and sacrifices of the citizenry, and the leadership must work through them. The government must also improve its optics and more aggressively introduce intervention policies to support the vulnerable. The focus on reforms must remain laser-sharp as Nigeria marches toward its rightful place in the comity of nations. One of the most important attributes of leadership is not to pander to what is politically correct but what will ultimately benefit the people no matter how difficult it may be. 

    AACS speaks objectively to the data, pushes where it leads and bells the cat . AACS was ahead of the curve, our blueprint on the reforms was right and we believe it would still take the nation and its people to prosperity if we remain resilient.

    Dr Abina is the Chairman of AACS – International Consulting & Principal Investment Firm

  • Checkpoints as hidden cost of moving food across Nigeria

    Checkpoints as hidden cost of moving food across Nigeria

    Sir: On a single trip transporting agricultural products from Taraba to Kano, I paid over N170,000 in multiple levies and illegal collections. Nearly 20 revenue collection points stood between my goods and their destination, excluding the routine security checkpoints that also demanded “compensation.” By the time I reached Kano, the cost of simply moving food had become a burden too heavy to ignore.

    This is not just my story; it is the story of every trader, farmer, and transporter who struggles to move goods across Nigeria. It is also the hidden story behind every inflated price you see at the market, every household budget stretched to breaking point, and every young Nigerian who wonders if farming or trading is still worth the sacrifice.

    For decades, we have spoken of Nigeria’s rising food prices. We often blame oil price fluctuations, poor infrastructure, insecurity, or low productivity. While all these are true, the less visible culprit is the endless chain of local levies, multiple taxes, and roadside extortion that weigh heavily on the journey of food from farm to table.

    Think of this: the farmer who harvests in Taraba may sell his produce at a fair price. However, by the time the goods reach Kano, Kaduna, or Lagos, the cost has tripled, not due to greed, but because the road is littered with tolls, each demanding a payment in the name of “revenue.” Nigerians believe merchants exploit farmers, but in reality, these hidden charges are quietly passed down to the final consumer.

    It is frustrating to collect receipt after receipt, sometimes with the same charges under different names. In one journey, a transporter could be forced to carry multiple state revenue receipts, each one required just to pass through another state. This does not build trust or accountability; it breeds anger, corruption, and inefficiency.

    The tragedy is that this long chain of collectors achieves the opposite of what Nigeria needs. Instead of encouraging agricultural productivity and food distribution, it discourages traders, weakens farmers’ earnings, and makes food less affordable. It is a silent attack on our food security.

    As a young entrepreneur with less than three decades of life and a decade of business experience, I cannot stay silent. Patriotism is not only about flags, anthems, or election-day promises; it is also about advocating for the ordinary farmer, the driver on the road, and the consumer struggling to afford garri, rice, or beans.

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    Every Nigerian has felt the pain of rising prices, whether in the market, at the filling station, or on the road. When I speak of 20 checkpoints on one journey, I am speaking of a system that holds us all back. The dream of a prosperous Nigeria cannot exist when hidden levies choke the very lifeline of our economy, food.

    We must do better. Nigeria urgently needs a unified revenue system that allows traders to move goods across states with a single receipt, digitally integrated and recognised nationwide. One charge, clearly accounted for, and transparent to both government and citizens.

    This reform would not only eliminate duplication and extortion but also make it easier for businesses to plan costs, partner with logistics providers, and stabilise food prices. Most importantly, it would give Nigerians confidence that the government stands with them, not against them, on the road to economic recovery.

    We have a long way to go, but every reform, every checkpoint removed, and every levy harmonised brings us closer to a fairer Nigeria. The future of our nation depends not only on oil or infrastructure but on the dignity of labour; on the ability of farmers and traders to move food freely, and for families to afford it without despair.

    Twenty checkpoints should not stand between Nigeria and its future. The cost is too heavy, and the burden is one we can no longer ignore.

    • Kashif Dauda, <kashifdauda@gmail.com>

  • ‘Nigeria holds high incentives for investors’

    ‘Nigeria holds high incentives for investors’

    Managing Director and CEO UTMOL, Mr. Julius Rone has said there are lots of incentives and good return of investment (ROI) for investors willing to invest in Nigeria and Africa as a continent.

    Rone disclosed this at the just concluded Africa Energy Week in Cape Town, South Africa.

    Rone , who joined other top executives  from across the globe to speak  at the event and spoke during a panel session on LNG.

    He also provided a project update on the planned FLNG facility, detailing the role floating liquefaction plays in Africa and the project’s impact on the Nigerian energy industry.

    He also mentioned that Africa must develop its God given resources to attract investors around the world.

    “Africa is a beautiful bride for the world to exploit. We have the resources and we must be allowed to develop our resources for the world to come and invest. This is actually the reason we gather every year for Africa Energy Week, to discuss how to develop our resources in Africa”

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    The MD of UTM also appreciates the effort of African leaders especially President Bola Ahmed Tinubu for his effort to bring large investment to Nigeria.

    ”So you’re aware the president has been travelling round the world to galvanise investors to ensure that the oil and gas industry is fully amortized and developed. The President has also given a lot of incentive to encourage investors back to the country.

    Nigeria is pushing so much amenities and so much incentive for investors to come in, Brazilian national oil company is coming back to Nigeria to develop oil and gas in the deep offshore location, so you can see everybody is coming back to the energy sector.  I also want to thank the management of NNPC, Mr. Bayo Ojulari and his team for the leadership and carrying out Mr. President’s directive to ensure that the gas is developed based on the directive that is given to the new management of NNPC by Mr president they swing into action so immediately they came they invited UTM to present our position” He added.

    Rone also revealed that his company UTM will be signing a gas agreement soon with SEPLAT.

    “SEPLAT has been fully cooperative. We’ve advanced the negotiation and within the next two weeks maximum we should be signing the gas supply agreement and that is a gamechanger for Nigeria for Nigeria oil and gas industry having our first floating LNG and I think that we are quite excited over this.

    In addition to his participation in the panel discussions, Rone’s engaged with global and regional stakeholders saying Nigeria has opened new pathways for collaboration across the gas industry.

  • Reflection, reinvention, and winning at sixty-five: a field note for Nigeria’s next chapter

    Reflection, reinvention, and winning at sixty-five: a field note for Nigeria’s next chapter

    By Alim Abubakre

    I pen this article with a humble sense of responsibility hoping to contribute to this critical national discourse of proffering actionable insights to nation building. This article is informed by insights gleaned  from my engagements with more than 1,000 leaders globally in the past year and close to a gross of this number fifteen years after I founded These Executive Minds (TEXEM) in the UK.

    Sixty-five years after independence, Nigeria stands at a crossroads that is both sobering and promising. The sobering part is familiar. Too many citizens experience public services that arrive late or not up to par. Firms face a cocktail of inflation, logistics friction, and regulatory uncertainty. Civil society carries heavy loads where formal systems falter. The promising part is quieter but powerful. In the past year I have sat with more than a thousand leaders in ministries, agencies, boardrooms, factories, start-ups, cooperatives, and classrooms from Kano to Lagos to Abuja and cities in other emerging and developed countries. The appetite I have encountered is not for new slogans. It is for practices that produce compounding improvements citizens can feel. My contention is that the leaders who will move Nigeria forward in the next decade will practise three disciplines with rigour: reflection that rebuilds trust and sharpens judgement, reinvention that converts constraints into design choices, and winning that scales what works and protects it from erosion.

    Reflection must come first because progress without trust rarely survives the news cycle and more importantly does not lead to sustainable inclusive impact. In many of our institutions there is an inherited deficit of confidence. People discount statements before they hear them. Officials are assumed to be evasive until proven otherwise. In this context, the most strategic act a leader can take is to make the logic of decisions visible and testable. I have watched permanent secretaries and chief executives shift the temperature in a room by explaining the trade-offs behind a policy or a pivot in two pages of plain English, then inviting challenge before the implementation plan is final. That small ritual does more than inform. It signals that citizens and staff are not audiences but partners in judgement. Rwanda’s experience with public performance contracts for officials is instructive because it illustrates how visible targets and steady follow-through can change the relationship between leaders and citizens. Nigeria does not need to copy the mechanism to embrace the principle. We can begin with published choice notes that state priorities, the reasons for those priorities, and the measures by which success will be judged.

    Reflection also requires safety for truth. In utilities, hospitals, and agencies I often meet talented professionals who knew trouble was coming but said nothing because it did not feel safe to do so. The cost of that silence is measured in failed projects, service outages, and avoidable controversy. A modest institutional habit can reverse this dynamic. Start formal meetings by asking for the pieces of bad news that no one has voiced. Reward the messenger rather than the fixer. In a northern water board I watched how this practice reduced the number of last-minute crises and improved relationships with suppliers who were finally hearing about risks early enough to help. Psychological safety is not a fashionable idea. It is a governance advantage.

    Strategy is the next frontier of reflection. Plans that attempt to please everyone end up straining everyone. Strategy is not an inventory of hopes but the courage to choose. What distinguishes Ethiopia’s early industrial zones, despite all the imperfections, is not simply the infrastructure but the choice to concentrate on a small number of sectors where jobs could be created quickly and learning could compound. Nigeria has too often pursued breadth without depth. A commissioner who commits to a two-page statement of where the state will compete in transport or health, how it will win there, and what will be left aside this year, has already advanced execution. The power of this clarity lies in how it enables other actors to align. Suppliers, investors, and civil society can only complement a public agenda they can see.

    Foresight completes reflective leadership. Oil shocks, currency swings, (though the latter two have been quite stable in the past six months) import disruptions, and climate stress are not surprises. They are conditions of the game. The organisations that navigate them well do not predict the future. They rehearse it. In Vietnam, which has climbed the manufacturing ladder over the past two decades, routine scenario exercises allowed managers and officials to pre-commit to responses when supply chains wobbled. In our context the same discipline means agreeing on three or four numbers that, if breached, trigger specific actions within a week. It means deciding in advance which contracts can be slowed without losing capability, which social programmes must be protected under any scenario, and which suppliers or ports will be used if a route closes. When senior teams practise these drills quarterly, they do not eliminate volatility. They convert volatility from a reason to panic into a reason to act calmly and quickly.

    Once reflection has cleared the fog, reinvention can proceed with precision. Reinvention in Nigeria must start with an unflinching acceptance of constraints. Capital is tight. Power is unreliable in too many places. The skills we most need are scarce and globally mobile. Rules sometimes move mid-stream. These constraints do not forbid innovation. They shape it. The leaders who make headway begin by asking what job the citizen or customer is hiring the service to do. In one health programme I observed, teams stopped designing features and started listening to mothers who simply wanted certainty about vaccination days. A low-cost text system that reminded families and local clinics of fixed days in each ward lifted attendance without expensive infrastructure. India’s Aadhaar system, whatever one thinks of it in the round, succeeded because it focused on a minimal identity layer that others could build upon. Kenya’s M-Pesa was born because the banking system ignored the unbanked. Both cases show the pay-off from designing to the job, not to the institution.

    Reinvention demands learning before scale. In too many Nigerian settings pilots are a performance rather than a process. They lack a falsifiable question, a clear owner, and a path to either stop or scale. The fix is not complicated. Any initiative expected to touch a large population should be tested in two locations, with one sharp question set in advance and a date by which a scale or stop decision will be made. The results should be published in language citizens understand. Failure then becomes an investment rather than a secret. I saw a state education agency kill three shiny ideas quickly and redirect funds into a teacher coaching model that improved learning outcomes because it treated the pilot as an experiment rather than an announcement.

    Reinvention gains momentum when public institutions become conveners of ecosystems rather than providers of every function. Big problems yield when government, private firms, and civic actors share accountability for outcomes that citizens feel. Bangladesh offered a vivid lesson. Partnerships between government, a major telecom, microfinance institutions, and social enterprises created rural digital kiosks run by women that offered identity, market information, and payments. The result was a commercial model that advanced connectivity and income at the same time. There was no philanthropic afterthought. Incentives were aligned at the design stage. Nigeria’s agriculture and health sectors can embrace the same logic. Shared cold chain investment for vaccines, joint platforms for farmer data, and managed marketplaces for produce are all areas where no single actor can win alone, yet every actor can win if the rules of cooperation are clear.

    The final discipline is winning. By winning I do not mean a one-off success that makes good copy. I mean the craft of scaling what works, protecting it from erosion, and compounding advantage. The first move is to pick a narrow transformation where citizens will feel the difference within months, ‘a low hanging fruit’. A permit workflow, a claims process, a land registry, or a targeted procurement system are good candidates. The rule is simple. The process must be completed end to end in a single digital flow. A named leader must own service levels. The model that drives decisions must be monitored so that it does not drift. Small wins matter because they change expectations. Once a citizen experiences a permit that takes days rather than months, tolerance for delay declines across the board. Indonesia’s progress on e-procurement and tax administration, while uneven, shows how patient systems work can raise revenue and trust at the same time. We should be stubborn about this kind of boring progress because it pays compound interest.

    Winning also requires decision-making that treats a downturn as a time to prune and plant rather than to freeze. The instinct in a crisis is to cut across the board. The better move is to cut visible waste, protect muscle, and pre-fund two moves that will pay off when others are distracted. When India’s Tata Group bought Jaguar Land Rover in the depths of the 2008 crisis, it was not a gamble on prestige. It was a calculated bet on future capability. In Nigeria the equivalent in the public sphere could be a state securing a long-term power arrangement for critical social infrastructure when prices soften. In the private sphere it may look like acquiring a distressed logistics asset that reduces cost to serve for essential goods. These are not headline moments. They are compounding moves.

    The strongest fosses in emerging economies are often social and institutional as much as technological. A company that ties its profit engine to a farmer’s gain by reducing post-harvest losses creates an affinity that is difficult to copy. A ministry that becomes the trusted orchestrator of identity or payments in a sector makes duplication wasteful for others and partnership sensible. Vietnam’s rise in manufacturing is instructive here. Once clusters matured and supplier development programmes took root, firms preferred to deepen rather than exit. In Nigeria we can replicate the principle if not the exact model by choosing the lever we will own, whether identity rails for SMEs, last-mile logistics in a large state, or a vocational pipeline that gives investors’ confidence.

    Every serious proposal invites counterarguments. The first is that our constraints are too severe. It is true that power, security challenges, still high inflation and undervalued Naira shape the feasible frontier. Yet they rarely block the first disciplined step. Narrowing focus, publishing choices, and testing cheaply are possible even in tough conditions. The second counterargument is that pilots never scale here. That is not a law of nature. Pilots fail to scale when ownership is vague and money is episodic. Tie each pilot to a named leader with a budget gate and an adoption target. If the target is met by a stated date, the next release triggers automatically. If not, the idea is retired without controversy because the condition was agreed up front. The third objection is that openness hands advantage to rivals or invites misuse. Opacity is more expensive. Clear interfaces, shared dashboards, and pre-agreed escalation channels protect the public interest while letting private actors bring energy and ingenuity. The fourth objection is that our context is unique and therefore resistant to lessons from elsewhere. Culture and politics matter. So does execution. The underlying disciplines of reflection, reinvention, and winning have travelled across Asia, Africa, and Latin America because they are grounded in human behaviour and institutional incentives rather than in fashion.

    Actionable suggestions matter most when they become routine. A practical rhythm helps leaders avoid performative announcements. Each quarter, senior teams should meet for a candid review of trust, choices, and scenarios. The output should be three objectives with dates and owners that are shared with staff and, where appropriate, with citizens. Each month, the organisation should pilot two new practices and retire one legacy habit that no longer serves. A one-page learning note in plain English should capture what moved, what did not, and what will be changed as a result. Each week, leaders should review a single measure that protects their moat, whether adoption, cost to serve, or ecosystem leverage, and then remove one blocker that slows progress. This cadence is not a ritual for its own sake. It is the mechanism through which reflection feeds reinvention and reinvention feeds winning.

    The independence anniversary invites a final reflection. Nations and subnational do not become trustworthy because they declare it. Companies do not become competitive because they wish it. NGOs do not become impactful because they are earnest. Trust grows when leaders expose their logic to scrutiny and follow through. Competitiveness grows when organisations choose a place to compete and then refine how they win there through fast learning. Impact grows when coalitions form around measurable outcomes that citizens experience in hours saved, income gained, and safety improved. I have seen these habits in pockets across Nigeria. A cooperative that became a disciplined buyer and seller on behalf of its members and cut their losses. A state-owned entity that digitised a creaking process and recovered weeks of time for small businesses. A private firm that opened its platform to complementary services and grew by letting others create value. These are not miracles. They are crafts. Crafts improve with practice.

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    Examples from other emerging economies are not medals to hang on a wall. They are reminders that the work is doable. Rwanda’s visible performance contracts demonstrate how public accountability can reset expectations after trauma. Aadhaar in India shows that a minimal, interoperable public good can unlock many private innovations when designed with restraint. Kenya’s mobile money revolution proves that leapfrogging can occur when a clear job is served on a platform people already use. Vietnam’s steady climb through manufacturing illustrates how clusters, supplier development, and predictability attract commitment. Indonesia’s progress on tax administration and procurement shows how patient system building raises revenue and trust together. Bangladesh’s rural digital models illustrate the power of aligned incentives across public, private, and social actors. None of these examples is a blueprint. Each is a provocation to ask what the Nigerian equivalent would look like under our constraints and with our strengths.

    As we enter the sixty-fifth year of independence, the choice before Nigerian leaders is not between idealism and realism. It is between a loud cycle of fresh promises and a quieter craft of institutional improvement that compounds. The second path is less dramatic, yet it is how countries change without fanfare. It begins with leaders who listen before they speak and who effectively communicate the reasons that informed their choices. It gains speed with teams who test efficiently, measure honestly, and stop what does not work. It consolidates with organisations that scale what works, protect their edge, and reinvest in capability in good times and bad. I wrote earlier that the mood is sober and promising. It will remain promising only if it becomes disciplined.

    The most powerful sentence I have heard in the past year came from a nurse in a secondary hospital who said that the only thing that had changed her day was a new process that meant a critical drug arrived on Wednesday without fail. It made her sound less like a hero and more like a professional. That sentence is the heart of development. When essential functions become reliable, professionals emerge, and citizens begin to trust. The path to that sentence is neither glamorous nor impossible. It asks us to reflect with candour, to reinvent with humility, and to win with patience. If we make those verbs our habit in the year ahead, the country we will write about at seventy will look less like a set of crises to manage and more like a system that works. That would be an independence worth celebrating.

    •Dr Alim Abubakre, the Founder of TEXEM and Senior Lecturer at Sheffield Business School.

  • Re- inventing Nigeria

    Re- inventing Nigeria

    Jeremiah 29:7 says, “Seek the prosperity of the city to which I have exiled you, and pray for it, because your prosperity depends on the prosperity of the city”

    The above passage encourages God’s people to seek the common good of their  communities,(countriies) even in exile, and to be agents of peace and prosperity very much unlike what you see the El Rufai’s, the Atiku’s and the Obi’s do daily, either crying revolution, revolution or  importing Fulani terrorists into Nigeria when they are not spreading other negativities that  easily feed into AI negative data repository on Nigeria.

    One person who has allowed that biblical injunction to guide his thoughts, and actions towards our country, even though we are not in exile in Nigeria,  is Pastor Poju Oyemade, using the instruumentality of his ‘The Platform Nigeria’, to continually interrogate critical issues affecting the country at well publicised global media events.

    Not in any way suprising, therefore, the latest of these, held 1 October, 2025 had as its theme “Rebuilding Our Nigeria”, which subject

    speakers were brought in from as far afield as Kosovo (from where the First Female President, Atifete Jahjaga, was tapped) to join a group of Nigerian Public Intellectuals to interrogate.

    It is time more Nigerians emulate the Visionary Pastor as he has himself urged.

    Introducing the event, Pastor Oyemade wrote:”Our journey so far represents a reflection on the past in order to fashion out the right policies for the future. Every Nigerian, knows that the country is in a strategic place where the opportunity to take the country into the League of Nations with a strong upward trajectory, is largely based on us— the citizenry”.

    As an aside, let me quickly say that I have always been fascinated by The Platform, Nigeria as I recall briefly discussing, on these pages, Prof Charles Soludo’s appearance as guest speaker a while ago.

    This year’s theme particularly fascinates me as it is a subject I have not only thought deeply about, but have actually taken time to write about.

    In the article:”That Nigeria May Survive These Precarious Times”, published Sunday, 13 September, 2020 and now reproduced on pages 228 -231 of my book:’Simply a Citizen Journalist'(Amazon link:https://a.co/d/dXnfY77).

    Read Also: I never said Buhari was linked to Boko Haram, Jonathan clarifies

    I wrote as  follows in a piece which I will sincerely urge President Bola Ahmed Tinubu to take a hard,  and sympathetic  look at, since the economy, under his able guidance has since turned the corner, as he did not fail to inform Nigerians during his Independence day speech; a fact with which the Bretton Wood institutions as well as some other international financial agencies agree.

    Happy reading.

    Anyone who does not yet admit that the unworkable unitary constitutional arrangement of Nigeria is the tap from which all the miseries being lamented flow, and that the solution lies in turning off the tap instead of mopping more vigorously, is either irredeemably dishonest or hopelessly ignorant. Nigeria’s problem is structural and not the Leadership problem being bandied around. The former is directly responsible for the latter and the solution to Nigeria lies in the fundamental reconfiguration of it’s damaged constitutional basis,  not in changing its leadership bandwagon.

    It is a monumental disaster that those who should know these are still discussing political party reconfiguration (ie Restructuring of Political Parties) instead of Union Reconfiguration (Restructuring of the Country)” – Tony Nnadi.

    As you read this not a few Nigerians are now convinced that restructuring Nigeria is, in fact,  too little, too late, but not this columnist who many have accused of being an incurable optimist for believing not only that the country can still be salvaged, but that it can, indeed, still rise to glorious heights as well as take its place among the comity of civilised Nations.

    I admit though, that time is of the essence for an ailment left untreated can be fatal.

    As a historian, I am neither forgetful, nor unmindful of what this country was in its days of competitive federalism; the pre ’66 days before the military mangled its essence, and a period that witnessed growth and development in every sphere of the economy, and in all parts of the country.

    Agriculture – not this oil boom turned doom, was the country’s mainstay. In education, not only did Chief Obafemi Awolowo  give the West free education, each region established a University which has since been taken over by a predatory federal government. Industrialisation went apace with textile industries copiously established in the North, and saw the very beginning of industrialisation in the East which has since emerged about the most industrialised part today, not forgetting Awo incredibly turning Ikeja and Apapa into a giant industrial complex. Among those myriad of  industries is the roofing number one company in Nigeria today , Nigerite Ltd, a Belgian – Odua Ltd jointly owned company yours truly was privileged to have headed its Board of Directors.

    In healthcare delivery, the University College Hospital (UCH), Ibadan, ranked amongst the best hospitals in the entire Commonwealth. Fiscal freedom  facilitated all these, and more, to the extent that regions had their own envoys in overseas countries.

    All these now read like ancient history  but with restructuring, and a return to the pre ’66 era – though  with some minor adjustments here and there – Nigeria cannot only be salvaged but could very well rise gloriously to become a great country; not the perennially feuding one we now have with a slew of  truly murderous groups now ferrociously battling the federal government for control of large swathes of territory.

    It is in remembrance of  those days that I made it  celebration galore on these pages last Sunday as I wrote on  how, patriotically, the Northern Elders Forum (NEF) spoke on behalf of corporate Nigeria. , cogently presenting to the government of President Mohammadu Buhari what things it must now do  to reverse the country’s  galloping drift  to Golgotha.

    Although my enthusiasm was, unfortunately not shared by many, I remain persuaded, that restructuring is the way to go to keep Nigeria not only united but solid.

    Not a few, especially in the South, believe that NEF was merely out on a decoy,  just trying to lull the rest of us into a non- existent revelry. They asked, for instance, how many times I heard former Vice President Atiku Abubakar, by far the most enthusiastic  Northern supporter of restructuring, mention restructuring in the region during the last presidential campaigns.

    They believe that the North unduly enjoys, by far, too many  unfair  advantages to care, and that indeed, popular as President Buhari is in the North, his party would suffer massively there, if he toys with the idea.

    I, however,  believe that a man who could defend  his country on the battlefield, thus demonstrating his preparedness to pay the utmost price in its service, should not be put off by such puny ethnic considerations from doing that which will stabilise his country to an era of  peace and development.

    I do not believe that the President needs any further lessons in patriotism.

    For ease of reference, l reproduce , in bold relief, some of NEF’s prescriptions for sustainable peace and progress  in Nigeria.

    It opined as follows: “Nigeria’s future  rests largely on its willingness to address major constraints to Equity and Justice (or where is equity when most consequential appointments go to only one section of the country, incidentally their own), have a functional structure, (not one being bigger than the rest, put together), with consistent good governance, security for all citizens – (not when fissiparous tendencies are now  truly alarming), with a credible electoral process(the least said the better since the return of democratic governance in ’99), enjoys a growing understanding between, and among all groups (unlike herders and farmers) and an economy that grows, and narrows inequalities between classes and regions”.  Were this the situation, 82 million Nigerians will not be living below poverty line).

    “The Forum then recommends the alternative of leaders of thought, elders, groups and professional organisations and representatives of government, to freely discuss every element of our co-existence as a country under principles of voluntarism, genuine representation – preferably by election – mutual respect and integrity of the process”.

    Specifically, it said: “A Nigerian Peoples’ Conference on Review of the Constitution will benefit from past work in this direction in addition to contemporary challenges, which the country needs to address in a context that allows free and productive engagements without pre-determined ends.”

    “The outcome of this conference, it concluded, should be submitted to the two arms of government, which should provide for a referendum in the constitution so that Nigerians can directly decide on how they want their nation to be structured and function”.

    In making a case for restructuring to the Buhari government, even though the APC  disdained the Jonathan 2014 National Conference, I am not asking President Buhari to re- invent the wheel. Should he not wish to proceed along the lines  suggested, or being  canvassed by the Northern Elders Forum, itself  an essemble of reputable Northerners who do not love the North less than he does – (since many believe that his attitude to restructuring derives from his fear of the  North losing some advantages it currently enjoys) – or just in case he does not agree with certain portions of the suggestions, then he should, at the very least, be able to  order that the report of his party’s El Rufai Committee on Devolution of  Power, be exhumed from whatever cooler it  has since been consigned.

    The committee, while submitting its report to the  APC National Chairman , Chief John Odigie – Oyegun, in January 2018, told Nigerians that  it was making several  recommendations, based on the opinions of Nigerians.

    Some of these are: resource control, making local government an affair of states, constitutional amendment to allow merger of states, state police, state court of appeal and independent candidacy, amongst others.

    These recommendations were so well received, nationally, that not only was then Bayelsa state governor Seriake

    Dickson, though of the opposition PDP, euphoric about it, stalwarts of various  Niger – Delta movements equally commended it.

    It was therefore a rather bewildering  surprise that  despite these  positive vibes, and the fact that the party’s National Executive Committee allegedly approved it, the party still decided to remit it to a sub committee where it has been gathering dust, all in deference to the President’s body language, if not say so.

    Nigeria does not deserve to splinter because the Northwest looks like dead set on continuing with the axyphisiating status quo. Apart from the wholesale advantages to the citizenry, a United Nigeria has too much to offer the world, especially Blacks all over the world, who see it as Motherland (Ghana has already extended an official invitation to Black Americans to come and settle there) for a few people, or one man, not to allow Nigeria to blossom and attain her destiny.

    The story has become cruelly unendifying, talking about how Nigeria was at par with most   South East Asian countries at a point in time, some of which have now graduated to the First world while Nigeria continues to wallow at the very nadir of the Third, and shamefully dubbed the Poverty Capital (PC) of the world. This becomes more nauseating given its  natural endowments and stupendous  human resources.

    As the BBC recently reported on January 25, 2020 there are about 4000 Nigerian doctors practicing in the USA, with another  5000 currently registered in the UK .The remaining are reportedly spread across Canada and Australia.

    As the Northern Elders Forum  has shown, no section of this country, or least of it, an individual, has the right to unnecessarily hold her down . Not only has the presidency prevaricated, the National Assembly, though taking a large chunk of the country’s resources, has once surprisingly voted against Power Devolution.

    President Buhari must now, once again, demonstrate his love for the country  by  setting in motion the process of convoking a national committee, preferably  along the lines suggested by NEF, to further add value to the recommendations of the APC  Power Devolution Committee”.

    These musings are, as relevant today, as when first written in 2020.

  • Nigeria at 65: Reborn in the digital age, renewed in hope

    Nigeria at 65: Reborn in the digital age, renewed in hope

    • By Emmanuel Ademola

    As Nigeria celebrates its 65th anniversary of independence, it stands at a crucial turning point, boldly redefining its identity in the digital age. The nation is determined to harness technology and innovation as key drivers of growth, connectivity, and empowerment for all its citizens. This is a time of renewed hope and unwavering ambition for a prosperous future.

    In this era of rapid digital transformation, Nigeria is confidently embracing unprecedented developments across multiple sectors, including finance, education, healthcare, and agriculture. The rise of digital platforms is effectively bridging gaps, fostering entrepreneurship, and creating exceptional opportunities for the youth to excel. This dynamic landscape represents more than just the adoption of technology; it is about strategically harnessing it to unlock the country’s immense potential.

    Despite the challenges we’ve faced over the years, there’s a vibrant spirit of resilience and optimism growing among Nigerians. Communities are uniting to tackle social issues, champion change, and promote inclusivity. This revival is driven by our collective dream of a brighter future, filled with hope and abundant opportunities for everyone to thrive. Let’s embrace this journey together!

    As Nigeria embarks on this new chapter, the focus on digital innovation and community engagement paves the way for transformative growth, positioning the nation as a beacon of hope and possibility in the 21st century.

    From Colonial Shadows to Digital Dawn

    Before gaining independence in 1960, Nigeria was a rich tapestry of diverse kingdoms and ethnic groups, including the Hausa-Fulani in the north, the Yoruba in the southwest, and the Igbo in the southeast. Despite British colonial influence, the resilience and creativity of the Nigerian people shone through, paving the way for a united and prosperous future.

    The quest for independence in Nigeria culminated in sovereignty in October 1960, sparking hopes for unity. However, the following decades were marked by military coups, economic turmoil due to fluctuating oil prices, and social unrest from ethnic and religious divides.

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    By 2025, Nigeria has transformed into a vibrant nation, showcasing the resilience of its youthful population. The country boasts a thriving start-up culture, with entrepreneurs making strides in technology, entertainment, and agriculture. This wave of innovation is driven by Nigeria’s embrace of the digital age, as improved mobile technology and internet access create vast opportunities.

    As Nigeria confidently charts its path toward progress, it finds itself at a unique crossroads where rich tradition meets vibrant modernity. The nation is deeply rooted in its diverse cultural heritage, which encompasses a multitude of languages, customs, and historical influences. This wealth of diversity not only shapes the identity of its people but also serves as a key asset in navigating the challenges of contemporary society.

    Nigeria is committed to leveraging its heritage to create innovative solutions that meet societal needs and promote economic growth. By combining traditional practices with modern technologies, the country aims to honour its past while embracing globalization and technological advancement, striving for a prosperous and inclusive future for all citizens.

    Tinubu’s Digital-Era Reforms: A Nation Reimagined

    President Bola Ahmed Tinubu’s administration has ushered in a wave of reforms that are positioning Nigeria as a beacon of economic resilience and digital transformation. Here’s how:

    Economic Diversification & Fiscal Discipline

    By August 2025, the country reached an extraordinary milestone in its non-oil revenue generation, accumulating over ₦20 trillion. This remarkable achievement was driven primarily by a robust performance in September, during which the country generated ₦3.65 trillion in non-oil revenues alone. This figure represents an astounding increase of 411% compared to the revenue figures recorded in May 2023, showcasing a significant turnaround in the nation’s fiscal health.

    The significant increase in non-oil revenue has decisively strengthened the country’s financial stability, particularly evident in the substantial improvement of the debt service-to-revenue ratio. Previously a troubling 97%, this key metric has now been reduced to below 50%. Such a drastic decrease demonstrates a clear alleviation of fiscal pressures and empowers the government to effectively direct resources towards developmental initiatives.

    The economy has made significant progress, marked by a trade surplus for five consecutive quarters. Non-oil exports now account for 48% of total exports, showcasing successful diversification from oil dependency and increasing competitiveness in global markets.

    Infrastructure & Regional Development

    The infrastructure sector is experiencing significant advancements, marked by an impressive portfolio of over 440 road projects currently underway and nearly 2,700 kilometres of new superhighways set for completion. A key highlight of this ambitious initiative is the recent inauguration of the Lagos-Calabar Coastal Highway. This strategic route is poised to greatly enhance the tourism industry and trade activities along the coast, effectively improving access and connectivity between vital economic hubs.

    Alongside remarkable advancements in transportation, the government has launched six new regional development commissions that are vital in energizing local economic initiatives and providing customized support for diverse communities. With a significant investment of ₦4 trillion dedicated to these commissions, there stands a strong commitment to nurturing sustainable local growth and development.

    These transformative initiatives demonstrate a strong commitment to enhancing infrastructure, while also paving the way for a bright future rich with new opportunities and an improved quality of life for many.

    Digital & Energy Transformation

    Recently, significant developments have been made in the energy sector, including the addition of 1,500 MW to the national grid, alongside solar electrification initiatives for 22 federal universities. Additionally, a Rural Electrification Program has been launched with the goal of providing power to 1 million homes. On the financial front, there has been a concerted effort to stabilize the Naira through foreign exchange reforms, which have also facilitated the clearance of $10 billion in foreign exchange liabilities.

    Education & Youth Empowerment

    The Nigerian government has made significant strides in supporting education and healthcare. The NELFUND student loan initiative, along with the Presidential Loan and Grant Scheme, has positively impacted over 1.2 million Nigerians. In an effort to address the issue of brain drain in the medical field, eight new medical universities have been approved. Furthermore, vocational trainees under the age of 40 are now receiving monthly stipends of ₦45,000, promoting skill development and financial assistance for young individuals entering the workforce.

    Agriculture & Social Investment

    The government has implemented several measures to support the agricultural sector and enhance food security. This includes financial assistance for farmers through the Bank of Agriculture. Additionally, N330 billion has been distributed to assist 8 million vulnerable households. To further strengthen food security and promote exports, agro-processing zones have been established.

    National Security & Stability

    In recent developments, over 13,500 terrorists have been neutralized, leading to a significant decrease in insurgency and kidnapping activities. This positive trend has contributed to renewed confidence in Nigeria’s global standing, as evidenced by the increase in foreign reserves, which have now reached $42.03 billion.

    Nigeria’s Trajectory: From Hope to Sustainability

    Tinubu’s “Renewed Hope Agenda” represents more than just a catchphrase; it serves as a strategic framework aimed at fostering sustainable development in Nigeria. The initiative focuses on harnessing digital tools, decentralizing growth, and investing in human capital to shape a promising future. It empowers the youth to transform their aspirations into reality, encourages regional development that honours cultural and economic diversity, and prioritizes the establishment of digital infrastructure as a foundational element for governance, education, and commerce.

    Reflection: A Nation Reborn

    As you celebrate Nigeria’s 65th independence anniversary on October 1st, you’re not merely observing history but actively participating in a transformative moment. This nation has evolved beyond its age to focus on its ambitions, positioning itself as a leader in Africa’s journey towards digital prosperity and sustainable growth. Nigeria is ready to embrace a new era of innovation and development.