Tag: Nigeria

  • Who wants a coup? Stupid

    Who wants a coup? Stupid

    By Ray Ekpu

    Nigeria is a country where many people, educated and not educated, suffer from amnesia. They forget very easily what the country had gone through in its six decades of independence. Now some people are asking for a coup. It doesn’t matter whether they are children or adults. It springs largely from mischief and ignorance. They do not remember that Nigeria has had a bitter taste of coup making several times. And that blood had been spilled ceaselessly on our soil. They forget that this country had been run and run aground by military officers for 28 years. That is what has brought us to where we are now. That foundation in looting our treasury by top military officers dug a huge hole and put Nigeria into it.

    When General Murtala Mohammed overthrew General Yakubu Gowon’s government in 1975 he decided to probe the 12 governors that ran the affairs of Nigeria’s 12 states. Ten of them out of 12 were guilty of corruption. It was only Brigadiers Oluwole Rotimi and Mobolaji Johnson who did not soil their fingers in the corruption pot. No military government has been investigated since then. If anyone did it, he would have found that a lot of camels had passed through the tiny eyes of the needle. Someone who was familiar with the modus operandi of the military decision makers in those days said that for most contract awards, there was a formula: multiply by 1000. That may be true or false but the view is that the formula was used to take care of the boys who executed the coups. Their stomach had to be full for their leaders to sleep with their two eyes closed. If the boys were not happy the men would not be happy.

     If anyone needs any evidence that there was massive corruption under our military governments General Sani Abacha’s regime has offered an excellent example. There is something in our political lexicon called “Abacha’s loot.” Since Abacha died Nigerian governments have been combing various banks in various countries and continents searching for Nigeria’s money that Abacha stashed away in places known and unknown. A part of it, perhaps a small part of it, has been recovered but the search for more continues. We may never be able to get all of it back because we may never know in which undiscovered island some of the money may have been dumped. No civilian leader has had the temerity or audacity to do something of that magnitude in the last 25 years of our democracy. If that happened opposition leaders would have divulged it and the press and civil society groups would have taken up the gauntlet. That is a little part of democracy’s beauty: transparency.

    Why should any adult forget that it is the military that brought our civil war? That 30-month war cost many Nigerians to lose their lives, limbs, property and years of school or service. That war has left an indelible mark on the former Eastern Region, and made many Easterners to believe, rightly or wrongly, that they are not wanted in Nigeria. That is at the heart of the establishment of IPOB, a matter that is still hanging fire today and threatening the stability of Nigeria. So, those who want a military government should go and read the various books that have been written on the Biafran war.

    Those who are young may not know how grave a military situation often is. When a military government is in place there is no human rights, no free press, no independence of the judiciary, no legislative assembly, no seminars or press conferences on the activities of the government of the day.

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     Most laws enacted by military governments are back dated. There was no death penalty for drug smuggling, when Muhammadu Buhari took over the country on December 31, 1983. He enacted a law on drug smuggling, backdated it and killed three young Nigerians namely Bartholomew Azubike Owoh, 26, Lawal Akanni Ojuolape, 30 and Bernard Ogedengbe, 29. They were all tied to the stakes and shot even though the offence they committed did not attract a death penalty at the time the offence was committed. That is the unbridled arbitrariness that is the hallmark of military rule.

     When Newswatch was proscribed in 1987 on account of the Cookey Report, there was no law forbidding its publication. The Babangida government just quickly enacted a law overnight and backdated it. When Newswatch executives were tried for mutiny in 1994 because of an interview done in the magazine with David Mark, there was no law, only Abacha’s anger. For military governments arbitrariness is the name of the game.

    Military rule produces only temporary stability. In the long run it brings a long period of instability. That is what it did in Nigeria. It produced a long string of military leaders who had different views of the direction that Nigeria must go, leaders who suspected each other of plotting a coup against them. So their interest was in staying firm in office and chopping nonstop.

    Most military coups are executed violently. And violence brings more violence. It happened in Nigeria: coup in January 1966 and a counter coup in July 1966. That brought Nigeria to the edge of the precipice. It happened too in Ghana. Flight Lieutenant Jerry Rawlings and his coup men killed three former Ghanaian heads of state namely: Acheampong, Akuffo and Akwasi Afrifa. Rawlings was hailed as the messiah at the beginning of that regime. Ghanaians even named him Junior Jesus. As time went on, as more people were executed Rawlings became a hated man. They started calling him Senior Judas. He died unsung.

    In Nigeria several newspapers and magazines were shut down; many journalists detained without trial; attempts were also made to burn down some media houses; some journalists such as Tunde Thompson and Nduka Irabor were jailed unfairly. Some journalists, including Dele Giwa, were assassinated for no just cause. Many more atrocities were committed in those days. Anyone who wants to know can read of these atrocities in books but it is not the same as experiencing them. Experiencing them was pure horror.

    Our elections are not perfect. They can be improved upon but they will never be perfect because they are organised by imperfect persons who yield to temptations offered to them by desperate politicians. Our governments are going through difficult times occasioned by the instability in the global economy. This has been compounded over the years by the incompetence of our governments in the last two decades. These twin problems have affected the state of affairs in Nigeria which the various governments in the states and centre are struggling to deal with. The mistakes made by these governments in their hasty and all considered decisions especially on security and the economy have brought more hardship than happiness to our people. These twin problems have damaged Nigeria considerably.

     The answer is not regime change. It is for us to throw more ideas into the basket of governance. It is for us to put pressure on our governments to do what is right so that our country may be on the path to recovery. Calling for a coup is stupid, very stupid. That is the way to lose whatever we have gained in the last 25 years of our imperfect democracy.

  • Nigeria yet to get it right

    Nigeria yet to get it right

    Last week, Nasiru Aliyu Dan Tsoho, Sokoto State commissioner in charge of lands, housing, survey and town planning, passed a curious and evocative judgement on the administration of former governor Aminu Tambuwal. In summary the commissioner considered the former governor unfit for leadership even at the lowest level. “Aminu Waziri Tambuwal shouldn’t have been a Local Government Chairman let alone a governor, talk less of being the President of the Federal Republic of Nigeria, a futile ambition that consumed his time and attention,” he snorted angrily. “He was unfair to the people of Sokoto State. He ought to have left hand-over records which would guide the new government but did not…Those who want to see the true picture of Aminu Waziri Tambuwal should come to Sokoto state, we will take him or her round and also show them facts and figures, site and even sounds from the public of his disastrous eight years as governor. Whoever wants to see the footprint of the real Aminu Waziri Tambuwal should come to Sokoto State. We will take him round, even to his own hometown of Tambuwal, that he failed to keep his promise to dualize the roads within the town…So, if I say that Aminu Tambuwal took the state backwards by 20 years it’s not an overstatement.”

    This column passed the same judgement on the Tambuwal governorship barely a few years into his eight years rule. It is reassuring that little by little, many analysts are beginning to turn their minds in the direction of the variables that qualify a person or politician for leadership. Mr Dan Tsoho’s summation may be scathing and coloured by the long-standing animosity between the current governor Ahmad Aliyu and his predecessor, Mr Tambuwal, to whom he was deputy for about three years before resigning in 2018, but the stridency of the commissioner’s conclusions are not diminished by the temperaments of Government House intrigues. Too little attention has been paid to the subject of succession in Nigeria, whether at the federal, state or local government level. But the matter deserves a lot of attention, and gradually, especially after the depredations of the Olusegun Obasanjo years, Nigerians may start to recognise that their fortunes are tied to their leaders. At his exit in 2007, a two-term limit he regretted bitterly, Chief Obasanjo gave the country the Umaru Yar’Adua/Goodluck Jonathan condominium. Apart from health and confidence challenges respectively, neither had demonstrated the qualities of great leadership. But they were foisted on Nigeria with disastrous consequences. Years later, in 2015, the country again bought a pig in a poke in the form of former military leader Muhammadu Buhari. The consequences were even more devastating, and would have been catastrophic had he got his wish of enthroning Ahmad Lawan, former senate president.

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    Neither the federal governor nor Sokoto State is alone on the matter of botched succession politics. The crisis of development in many states, not to talk of in local governments, is connected with the quality of their leadership. Without a conscious effort to structure and systematise leadership recruitment, especially with the unhealthy reliance on the guesswork institutionalised by the constitution, national development will not only be stymied, the likelihood of total collapse may become frighteningly real. The Nigerian constitution has its limitations. It is unable, by its provisions concerning qualifications for office, to properly sift competent and incompetent candidates and leaders. Rivers State is a perfect example of the facile presumption that undergirds leadership recruitment. Apart from constitutional inadequacy, outgoing leaders must also be imbued with the sublime skill, the altruism and metaphysical depth, of determining which aspiring successor possesses great leadership skills. One of the many reasons Western countries are experiencing leadership crisis is their jaded leadership recruitment process, especially in countries where the process is not qualified by leadership training facilities and sturdy constitutional provisions and amendments.

    Nigerians have heedlessly come to deplore the godfather concept as a sifting tool for mediating great leadership succession. That deploration is anchored on the fact that in many instances, both the outgoing leader and the incoming leader are incompetent in equal measure. Nevertheless, the Gordian knot must be cut. If a country or state manages to get it right by producing a sound leader with the right instincts for reproducing his kind, the crisis of development may be largely avoided. China has been able to get it right, despite running a unique one-party state that somewhat mimics democracy or replicates collegiate leadership. After Deng Xiaoping took the reins of office in 1978, China has deliberately nurtured succeeding generations of leaders, preferring not to leave the matter to chance, and ensuring that succeeding leaders were capable of producing their kind. Nigeria had the chance before 2007 to birth a great and enduring leadership recruitment process, but Chief Obasanjo, despite his unceasing rhetorical overkill, lacked the discipline and the depth to produce the next generation of great leaders. Instead, he nurtured dwarfs expected to fit into and execute his defective worldview. What ailed Chief Obasanjo in 2007 also ailed Nyesom Wike in 2023 in Rivers State. Unable to conjure the altruism he desperately needed, and not understanding the rubric of great leadership, Mr Wike reproduced a successor that has kept Nigerians truly numbed. For the foreseeable future, Rivers will remain knackered.

    In short, two factors will enable Nigeria to overcome its leadership failings and developmental crisis: a scientific leadership recruitment process, and outgoing leaders with the depth and metaphysical grasp of identifying a great successor. As the United States experience is showing in its presidential campaign, a system that had for centuries managed to produce some great leaders, or at least incompetent leaders incapable of destroying constitutional and societal guardrails, even the most advanced of countries can be horrifyingly susceptible to a candidate like Donald Trump who would threaten the stability of his own country as well as trifle with the world order. So, even when a scientific or constitutional recruitment process does exist, it must be enabled by outgoing leaders with enough chutzpah to fish out a great successor and help him get elected. Great leaders also often possess the right instincts. German war hero and Chancellor Paul von Hindenburg doubted the bona fides of Adolf Hitler and was for a brief moment chary of the risks of asking him to form the government after the 1933 elections, but he overruled his doubts and endorsed him, with catastrophic consequences.

    Catherine the Great of Russia (1762-1796) also doubted the competence of her son, Emperor Paul I (1796-1801) who was described as ‘idealistic, mercurial and vindictive’, and wanted him disinherited in favour of her grandson Alexander I (1801-1825), but she died of stroke before she could get her wish entrenched. As proof that Catherine’s instincts were sound, one of Emperor Paul’s teachers thought his student ‘was always in a hurry, acting and speaking without reflection’. Indeed, shortly after Emperor Paul I took the throne, he confirmed what many observers thought of him, and was soon assassinated. The doubts that assailed Catherine were akin to the suspicions that wracked the mind of the Ottoman Emperor Suleyman the Magnificent (1520-1566) regarding the leadership qualities of his potential successors. Together with his wife, they plotted to get rid of their children who were thought unfit for the throne, apart from small pox killing another potential successor. Even then, the presumptive heir, Selim II, believed to be far better than the other candidates, fared only partially better in the end. The empire only lasted for more than 300 years because of Emperor Suleyman’s stupendous work of empire building.

    Last month, Defence minister, Mohammed Badaru Abubakar, asked Nigerians to take their regnant political culture as an infallible given. There was no room for secession, he said curtly. But this is a political system without a definitive worldview or paradigm, a system superficially inspired by the letter of the deeply philosophical constitution of the United States without being affected by the spirit of that great constitution. The National Assembly is engaged in reviewing the constitution, but there are no indications they can burrow deep into its philosophical core to get gold, nor if they get there, appreciate its pertinent provisions and nuances. What is indisputable is that neither the Nigerian constitution nor the Nigerian political culture guarantees the right political recruitment culture. Without a philosophy to guide both national life and leadership or even a great recruitment process, where will the right successors be found, and if found, what constitution and idea would they implement?

    Nigeria’s leadership crisis goes beyond looking warily in the direction of the opposition, for even here, only two aspirants come to mind in recent months: ex-vice president Atiku Abubakar and Peter Obi. Unfortunately, both display contempt for the judiciary, have little understanding of what opposition politics entails, are destitute of any form of nobility, are obsessed with office, and have shown no inclination for visionary undertakings of any kind. Resolving the country’s leadership conundrum will, therefore, be a herculean task, let alone tackling the country’s myriad economic crises. And if, along the way, a great leader happens to Nigeria, there is no structure in place, in the midst of bitter ethnic and religious recriminations, to guide future leadership selections, either by way of constitutional changes or by dint of political culture.

  • VAR: Nigeria still snoring

    VAR: Nigeria still snoring

    When Ademola Lookman’s goal against Libya inside the Stadium of Champions in Uyo was chalked off, not a few fans looked towards the stadium’s big screen for the replay of the scenario leading to when and how the disallowed goal. Their primary objective was to watch the replays to find out what the Video Assistant Referee (VAR) would say. To their dismay, play resumed as soon as the referee identified with his assistant referee’s offside decision. Really! Just like that? were some the words from the fans signifying their disgust that one of the biggest stadia in Nigeria had no VAR machine,

    It didn’t matter if the goal was disallowed by the custodians of the game for FIFA here -the chieftains of the Nigeria Football Federation (NFF). After all, Nigeria won the game with a last-ditch effort. For the fans inside the stadium and those at home around the globe, the disallowed goal was the subject of discussion with many wondering why no stadium in Nigeria has a VAR machine. How much would it cost the owners of such stadia to install the VAR machine, reminiscent of what is obtained in big stadia in serious-minded football nations?

    Had Nigeria needed more than one goal to qualify for the next round, for instance, such a wrongly disallowed goal would have stolen Nigeria’s thunder. Perhaps, that would be a call to quickly install a VAR machine in Uyo Stadium. The fans could also take the laws into their own hands, and wreak havoc after the game, especially if the game is against any of rival African nations. Shouldn’t we task our soccer administrators to do everything within their power to make the installation of VAR machines on all grounds where domestic games are being played weekly?

    I posed this question to a top technocrat, Chuks Sokari and he revealed that: ”The installation cost of a Video Assistant Referee (VAR) system can vary depending on specific needs and the scale of implementation. A basic (entry-level) VAR system which includes cameras, monitors, and necessary equipment, is estimated at around $50,000 to $100,000. On the other hand, a Full VAR System which comes with more advanced features and additional cameras costs significantly more, potentially ranging from $200,000 to $500,000. For competitions with smaller broadcast setups, a VAR Light system can be a more cost-effective option, with costs ranging from $100,000 to $150,000. There may be additional costs for installation, typically ongoing maintenance, software updates, and technical support, as well as training of personnel.

    ”Based on the above, the cost of installation of VAR nationwide would involve determining the number of stadia to be covered,” Sokari stated.

    Would the Nigerian sports ecosystem embrace the need to have all the stadiums, where the domestic league matches are played, fitted with VAR machines? Not likely going by the NFF President’s utterances which seem to suggest otherwise. Our sports administrators always give the excuse of high purchase of the VAR machines rather than thinking of how to engage the private sector to invest in it stating what they would gain from such a business arrangement.

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    Going by the statement attributed to the President of the NFF as stated above, a minimum of six stadia might be involved in the pilot phase of implementation, and the cost of acquisition could be extrapolated from the above estimates based on the option(s) considered. While this would help to improve officiating, a better option would be to go full blast and implement VAR use in all football matches. Selective implementation does have some drawbacks, including a lack of confidence in and controversies over the results of matches played in non-VAR stadia.

    Again, Sokari, prefers a pragmatic approach towards the enforcement of VAR pointing out that: ”Nigeria has approximately 2,000 registered referees and this forms the pool of personnel to be recruited to handle the VAR. Though the referees are trained, operating VAR requires specialised skills. Fortunately, recent efforts by the NFF and the Confederation of African Football (CAF) have seen Nigerian referees undergo training in VAR operations. Only last month, some referees from the country recently returned from a CAF-organised course in Abidjan, Côte d’Ivoire, equipped with enhanced knowledge of VAR operations. Having promised earlier to introduce VAR in Nigeria, the President of the NFF, Alhaji Ibrahim Gusau would appear to be keeping to his promise.

    According to Sokari: ”Notwithstanding the above, not all the referees may meet the skills necessary for operating VAR; however, it is expected that approximately 10-15% of these referees might be trainable for VAR functions based on technical aptitude. Consequently, given that VAR operations require technical expertise in video technology and decision-making, Nigeria may need to recruit additional personnel with backgrounds in sports technology, video analysis, or related fields.”

    As interesting as the submissions of Sokari are,  a trade that has been perceived as a hobby, shouldn’t we toy with the idea of professionalising refereeing in a bid to raise the standard which would rub off on the quality of the referees and the approaches to the trade?

    ”Training VAR operators involves both theoretical and practical components. This includes classroom-based training on the VAR protocol, on-pitch simulated practice sessions, and live match testing. The cost of training can vary based on the duration, location, and depth of the programme. On average, the cost of training a single VAR operator ranges from $1,000 to $3,000,” Sokari insisted when asked to estimate how much it would cost intending stadium owners to train and expose personnel to operate the VAR machines in their premises.

    ”The introduction of VAR technology in Nigerian football refereeing would be a significant investment that holds the promise of improving the quality of officiating and the overall integrity of the game. Amongst other benefits, VAR significantly reduces mistakes in crucial match moments, such as goals, penalties, direct red cards, and mistaken identity in bookings. It also provides referees with immediate access to video replays; VAR supports better outcomes and thus promotes fairness in the game.”

    What stands out clearly is that it would be easier for the proverbial Carmel to pass through the eye of the needle than for any meaningful attempt made to have the VAR machine installed in key venues where games are played. It would take a stadium riot arising from the absence of VAR to decide an obvious goal in Nigeria’s favour that those who run our sport would start the process of acquiring one or two.  Those who administer sports in this country aren’t proactive on this kind of tricky issue until a calamity occurs.

    Pray, that the football world has left us behind with the introduction of the VAR. In Nigeria, we are pretending that it doesn’t matter now until it becomes a prerequisite for hosting international matches. It would be too late because of the cost of installation, and training of the personnel to operate the VAR machine. Pity!

  • As Nigeria joins Brics

    As Nigeria joins Brics

    I am very excited, like many other Nigerians, to hear that Nigeria is now a member of the BRICS nations. On the 5th April 2024 (five months ago) episode of this Column, titled, “BRICS as a platform for economic sustainability”; I spoke about the need for Nigeria to join the BRICS Group as a strategic move to de-risk Nigeria’s economy amongst other benefits.

    The 2024 Summit which took place, from October 22 to 24, 2024, in Kazan, Russia; was the 16th annual gathering of the group, with a focus on enhancing economic integration with key emerging nations. It was at the Summit that BRICS officially further expanded its alliance, adding 13 new nations as partner countries, though not as full members. The countries are Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Nigeria, Thailand, Turkey, Uganda, Uzbekistan, and Vietnam. Accordingly, Nigeria has officially joined the BRICS as a partner country.

     Nigeria’s inclusion as a partner country aligns with previous statements in November 2023 by the Minister of Foreign Affairs, Amb. Yusuf Tuggar, expressed the country’s intention to join BRICS, leveraging its large economy and population.

    The BRICS countries are considered the foremost geopolitical rival to the G7 bloc comprising the leading advanced economies. BRICS is already implementing competing initiatives such as the New Development Bank, the BRICS Contingent Reserve Arrangement, the BRICS Pay, the BRICS Joint Statistical Publication and the BRICS basket reserve currency. All five initial member states are members of the G20. They have a combined nominal GDP of US$28 trillion (about 27% of the gross world product), a total GDP of around US$65 trillion (33% of global GDP PPP), and an estimated US$5.2 trillion in combined foreign reserves (as of 2024).

    With the aforementioned development, the group currently has a combined population of over 3.5 billion i.e. 45% of the world’s population. It has a combined economy of over $ 28 trillion which is about 28% of the global economy. BRICS countries will also be producing almost 50% of the world’s crude oil.

     BRIC is an intergovernmental organization comprising Brazil, Russia, India, China, and South Africa. The aforementioned Countries are the fastest-growing world economies, It is worthy of note that China is the second largest economy in the world. The objective of this organization is for strategic partnership and cooperation on investment opportunities, coordinating multilateral policies guided by the principles of non-interference, equality, and mutual benefit. BRICS was founded in 2009 and has since expanded in membership, regional, international, and intercontinental spread, and influence. Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates officially joined BRICs on the 1st of January, 2024. As of 5 months ago, BRICS had grown to 10-member nations, and according to Bloomberg, about 34 new Countries have expressed interest in joining BRICS. One of the key strategic objectives of the BRICS group is to dominate the world economy by 2050.

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    If one of the key reasons for the emergence of the US Dollar as the single global legal tender for international business was the “Petrodollar”, during the aftermath of the 2nd world War and the oil boom of the mid-1970s; then with the BRICS Block, have had membership of Countries producing over 50% of the world’s crude oil, speaks volume of the potential impact that the group will have on the mid to long term global geo-politics and economy. The BRICS strategy is certainly working.

    Therefore, I commend President Bola Ahmed Tinubu for taking the bold decision to join the BRICS. It is a forward-thinking move.

     Interestingly, this year’s BRICS summit is happening at the same time the 2024 Annual meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) are taking place in Washington DC of the United States of America; from Monday, October 21 to Saturday, October 26, 2024. The BRICS Group taking this critical step is indicative of the determination of the BRICS Group to actually provide an alternative to the US dollar, especially given the fact that the numbers are increasing with the likes of Nigeria joining. 

    Some people argue that this may be a “flash in the pan”; claiming that the BRICS project or getting an alternative to the dollar will not be viable. In my opinion, I say to those people, if you look back 70 years ago; a lot of things were things that were considered impossible have become possible in the past 30 years, from online banking to social media, the 4th Industrial Revolution – using AI – some even argue that the 5th Industrial Revolution is in the horizon, etc. Therefore, facing ALL the realities of the ongoing global political, social, and economic dynamics is crucial to development and sustainability. The pace at which the BRICS Bloc is moving with the interest that it is generating, and the wide spectrum of countries, especially, with more non-aligned countries including Nigeria, India, South Africa, Egypt, Iran, Saudi Arabia, Bolivia, Algeria, Cuba, Malaysia, Thailand, Belarus, Uzbekistan, and Vietnam joining the BRICS, is an indication of the growing significance of BRICS in global Geopolitics economy.

    So, I believe that it is strategic for forward-thinking countries that are to consider joining the BRICS. Indeed, as a proponent of Nigeria joining the BRICS Group, it is my strong opinion that the BRICS Group is one of the next global phenomena. The strategic question is, do you want it to happen when you have a seat at the table or do you want it to happen when you are outside the door knocking to be allowed into the room?

     There are a lot of conversations about whether the BRICS wants to create competition for the US Dollar, or is the strategic objective amongst others, to create an alternative to the US Dollar. In my view, the answer is that; the modalities and frameworks will be formed such that there will be the interchange of value within the framework of the various currencies of these countries, such that there will be significant retention of value of respective currencies of member nations. This will be against just one option of the US Dollar without any alternative. So, the alternative, in this case, is not a single currency, but an alternative payment platform(s)/ System.  A system, platform, and/or conditions will ultimately ease international trade and investment, and provide some level of independence regarding how countries transact. Countries within the BRICS will have modalities such that they can decide to do their trade without having to resort to using the US Dollar. Consequently, when one considers the number of countries that are joining the Bloc and the total GDP of the countries that have joined so far evaluates how impactful the Bloc will be.

     If we look at the global flow of trade and investment from China; especially if we consider; China’s flow of trade and investment with Countries across the world particularly the BRICS member-nations, there is a very interesting trend. For instance, the Crude Oil deal between India and Russia, whereby India procures Crude Oil from Russia (as Russia avoids sanctions) and pays with Indian Rupees instead of US Dollar or Euro – where reports indicate that so far this year, India has already bought more than half a billion barrels of crude, an almost tenfold increase since 2021, the year before the war, according to statistics collected by analytics firm Kpler (a platform for global intelligence). As a result, “an estimated $1 billion worth of rupees is landing in Moscow’s coffers each month.”. – It is clear that the BRICS Alliance provides a very double and veritable platform for Countries to de-risk their economy. For example, there is already an existing arrangement where Nigeria can do some swaps and transactions with China. Therefore, I believe BRICS would provide a more robust platform for the interchangeability of the value of currency during trade during economic interactions and relationships. This is a welcome development, and we will wait to see how things unfold in the next 12 months.

     Therefore, the interactions and transactions within the BRICS nations are already happening. Suffice it to say that they are getting the desired benefits and impacts, and that is why other countries are doing their research and joining.  In strategy, the more you have alternatives, the more you have leverage, and consequently the better your balance of power. So rather than being aloof or unbothered by the development around the BRICS, countries, including the United States of America, and its allies should be closely observing and taking note of what is happening for their own strategic considerations. 

    Our current economic situation requires that we diversify our options and de-risk our economy from the “choking effect” of the US Dollar. While it is true that the US Dollar will remain a globally dominant currency of trade, the current global socio-economic and political realities clearly call for forward-thinking countries to diversify their options of investment and trade; the growing membership of BRICS is the platform of that diversification. 

  • Nigeria beat Ghana 2-1 to clinch U-20WAFU B Cup of Nations

    Nigeria beat Ghana 2-1 to clinch U-20WAFU B Cup of Nations

    Nigeria secured the 2024 U-20 WAFU B Cup of Nations Championship title with a 2-1 victory over Ghana on Wednesday, October 30.

    In the first half, Nigeria dominated the play and were rewarded when Kparobo Arierhi opened the scoring in the 33rd minute with a superb finish. He doubled the lead ten minutes later, finding the top left corner after capitalising on a loose ball in the box.

    Desmond Ofei’s side struggled in the first half and went into the break trailing by two goals.

    However, they returned stronger in the second half, enjoying more possession and creating opportunities. Despite this pressure, they struggled to convert.

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    In the 75th minute, Jerry Afriyie gave Ghana a glimmer of hope by heading in his fifth goal of the tournament. 

    Though Ghana made a spirited effort in the final moments, Nigeria remained composed and secured the victory to lift the trophy.

    Regardless of the outcome, both teams have automatically qualified for next year’s U-20 Africa Cup of Nations.

  • Nigeria clinches two positions in CoSPAL as Tinubu’s CoS, SAA get elected

    Nigeria clinches two positions in CoSPAL as Tinubu’s CoS, SAA get elected

    Chief of Staff to President Bola Ahmed Tinubu, Femi Gbajabiamila has been elected as a member of the Advisory Committee of the Conference of Speakers and Presidents of African Legislatures (CoSPAL). 

    Also, the Senior Special Assistant (SSA) to the President on International Cooperation, Dapo Oyewole, has also been elected as the Secretary-General of  the body.

    Speaker of the Parliament of Ghana, Rt. Hon. Alban Kingsford Bagbin was returned as the chairman of the top legislators’ forum. 

    According to a statement by the Chief Press Secretary to the Deputy Speaker, House of Representatives, Levinus Nwabughiogu, on Sunday, their elections took place on Saturday at the 2nd General Assembly meeting of the Conference of Speakers and Presidents of African Legislatures (CoSPAL) Accra, Ghana. 

    The event brought together over 100 participants, including 15 Speakers and Presidents of National Legislatures, 30 Deputy Speakers and Presidents, Clerks/Secretary Generals and supporting staff of Parliaments and National Assemblies across Africa. 

    COSPAL as a body of all Speakers and Presidents of Parliament across the 54 African countries was established in 2020 to facilitate increased deliberation, collaboration, and cooperation between Speakers and Presidents of Parliaments and National Assemblies on the continent to help them address common challenges, devise joint strategies, and mobilise collective action to advance Africa’s democratic development.

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    Gbajabiamila, who is the immediate past Speaker of Nigeria’s House of Representatives, was the founding Speaker and first chairman of CoSPAL in 2020.

    At the event on Saturday, Deputy Speaker Benjamin Okezie Kalu, who represented the Speaker, Tajudeen Abbas, PhD canvassed the need for Nigeria to take two out of the five positions to fill the slots from West Africa.

    CoSPAL’s constitution provides for 5 Vice Chairpersons as members of audit and advisory committees respectively, to produce one representative from the 5 subregions of the continent which included East Africa, West Africa, Central Africa, North Africa and Southern Africa.

    Making valid contributions to the rectification of various articles of COSPAL’s Constitution, Kalu proposed a periodic review of the Secretariat’s performance to encourage efficiency, transparency and integrity in Article 10.

    He also proposed an appeal process in the case of termination of membership in Article 16 just as he also recommended the flexibility of Article 17, stressing that a clear definition of the word “exceptional circumstances” in the interpretative clause of the article, amongst others be ensured. 

    The recommendations were eventually voted and adopted by the General Assembly.

    Essentially, the 2nd General Assembly Conference is consolidating on the gains of the 1st General Assembly to foster unity and collaborative governance among African legislatures.

    The newly elected officials are scheduled for inauguration on Sunday, the final day of the conference.

  • Nigeria urges global action on climate change at CHOGM 2024

    Nigeria urges global action on climate change at CHOGM 2024

    Nigeria has called for swift and decisive action to combat climate change at the 2024 Commonwealth Heads of Government Meeting (CHOGM) in Apia, Samoa. 

    It also restated its support for the preservation of democracy, the protection of civil rights across the Commonwealth, as well as ongoing reforms in the organisation, focusing more on results-oriented value creation.

    These, among others, were Nigeria’s priorities at the just-concluded CHOGM held in Apia, the capital of the Independent State of Samoa, between October 21 and 26.

    The Nigerian delegation to the meeting was led by Minister of Environment, Balarabe Lawal, after technical flight issues prevented Vice President Kashim Shettima from representing his boss, President Bola Ahmed Tinubu, at the summit.

    Speaking shortly after a visit to the Moataa village, a community in Apia decorated with Nigerian colours and flags, Lawal, who was immediately delegated by the President to stand in for VP Shettima, told world leaders at CHOGM 2024 that Nigeria has had its unpalatable share of the devastating impact of climate change through flooding, degraded lands and rising sea levels.

    According to a statement on Sunday by Senior Special Assistant to the President on Media and Communications, Office of the Vice President, Stanley Nkwocha, the Minister said: “We need to address the climate challenge very strongly because of its effect on our society; it is a global phenomenon. We have experienced flooding in our country, degraded lands and rising sea levels, among others.

    “Now is the time to join forces at the level of the Commonwealth to address these issues,” the Minister stated, adding that Nigeria’s positions on the environment, democracy, security, and other issues were prompted by current challenges faced across the world.

    Lawal noted that Nigeria also made its position clear “in support of democracy and the protection of civil rights across Commonwealth nations, including the processes for strengthening the Commonwealth to make it stronger and more vibrant.”

    Read Also: Kaduna to offer free screening on non-communicable diseases

    He emphasised that Nigeria also backed and encouraged ongoing institutional reforms at the Commonwealth, reaffirming its commitment to the organisation’s renewal, even as he emphasised that the nation’s focus is on results-oriented value creation and a responsive Commonwealth.

    The Minister also reiterated Nigeria’s support for the new Secretary-General of the body, expressing hope that, with Botchwey’s emergence, there would be more robust engagement between Africa and the Commonwealth.

    Commonwealth leaders had earlier in their executive session,  “welcomed His Majesty, King Charles III, to his first CHOGM as Head of the Commonwealth.”

    In a communiqué by the Commonwealth secretariat at the end of the meeting, the leaders commended the King’s unwavering commitment to a more sustainable and resilient future for the 56 member countries of Commonwealth, and to strengthening education, health and climate resilience, particularly in small island developing states (SIDS), a commitment that has inspired the King’s Commonwealth Fellowship Programme.

    The leaders reflected on the gathering being the first CHOGM since the loss of Her Late Majesty Queen Elizabeth II, who served as Head of the Commonwealth with extraordinary duty for over seventy years.

    The meeting also named Antigua and Barbuda as the host of the next Commonwealth Heads of Government Meeting in 2026.

  • Troost-Ekong rejoices as CAF rules in favour of Nigeria

    Troost-Ekong rejoices as CAF rules in favour of Nigeria

    Super Eagles captain William Troost-Ekong has celebrated the ruling of the disciplinary board of the Confederation of African Football on the Africa Cup of Nations Morocco 2025 Qualifier between Libya and Nigeria.

    Ekong, who had earlier detailed the incident on social media lamenting how the airport gates had been locked, leaving players and officials with no food, drink, or phone connection, rejoiced over what he deemed a ‘just’ ruling.

    Read Also: Troost-Ekong blasts Libyan authorities over Al-Albraq  Airport ordeal

    The Nation reports that the Disciplinary Board of Confederation of African Football (CAF) awarded Nigeria, three points and three goals from the botched Matchday 4 encounter of the 2025 AFCON qualification series scheduled to be played by Libya and Nigeria in Benina on 15th October.

    The Eagles skipper wrote: “JUSTICE: CAF awards three points and three goals to Nigeria. Libya fined $50,000.

    “Plane was diverted 300km from scheduled airport even when the pilot told them he was low on fuel.

    “One step closer to our target AFCON 2025.”

  • UPDATED: CAF awards Nigeria three points, fines LIbya

    UPDATED: CAF awards Nigeria three points, fines LIbya

    The Confederation of African Football (CAF) has sanctioned Libya and awarded three points and three goals to Nigeria for the abandoned game against Libya.

    This was disclosed in a statement by the chairperson of CAF Disciplinary Board, Ousmane Kanethe on Saturday.

    Nigeria walked away from the tie following poor treatment by the host country that left Super Eagles players and staff stranded at an abandoned airport for almost a day.

    The Libya Football Federation was also fined $50,000, which must be paid within 60 days of the decision’s notification.

    The penalty, aimed at holding Libya accountable for regulatory violations, reflects CAF’s stance on maintaining discipline and fairness in the tournament.

    CAF, in its ruling, said it found the Libya Football Federation to have breached Article 31 of the African Cup of Nations Regulations as well as Articles 82 and 151 of the CAF Disciplinary Code.

    The five-point decision in the statement reads: “The Libya Football Federation is found to have breached Article 31 of the African Cup of Nations Regulations as well as Articles 82 and 151 of the CAF Disciplinary Code.

    Read Also: BREAKING: CAF awards three points to Nigeria, fines Libya 50, OOO USD

    “The match No.87 Libya v. Nigeria of the CAF African Cup of Nations Qualifiers 2025 (scheduled to be played on 15 October 2024 in Benghazi) is declared lost by forfeit by Libya (by a score of 3-0).

    “The Libya Football Federation is ordered to pay a fine of USD 50,000.

    “The fine is to be paid within 60 days of notification of the present decision.

    “All other and further motions or prayers for relief are dismissed.”

    With the decision, Nigeria has 10 points from four games.

  • BREAKING: CAF awards three points to Nigeria, fines Libya 50, OOO USD

    BREAKING: CAF awards three points to Nigeria, fines Libya 50, OOO USD

    The Confederation of African Football (CAF) has awarded the Super Eagles three points and fined the Libya Football Federation 50,000 USD 

    This was contained in a statement by the football body. 

    In the statement signed by Ousmane Kane, Chairperson of CAF Disciplinary Board, the Governing body ruled on the botched Africa qualifiers between Nigeria and Libya. 

    Read Also: CAF keeps Nigeria, Libya in suspense

    It reads: “The Libya Football Federation is found to have breached Article 31 of the AfricanCup of Nations Regulations as well as Articles 82 and 151 of the CAF Disciplinary
    Code.

    “The match No.87 Libya v. Nigeria of the CAF African Cup of Nations Qualifiers 2025 (scheduled to be played on 15 October 2024 in Benghazi) is declared lost by forfeit by Libya (by a score of 3-0).”

    Details shortly…