Tag: Tunnel

  • Light in PDP’s dark tunnel?

    Light in PDP’s dark tunnel?

    Following Ahmed Makarfi and Ali Modu Sheriff’s sudden resolve during the week to cooperate with the Governor Seriake Dickson’s Reconciliation Committee’s efforts, there is renewed hope that the prolonged leadership crisis in the Peoples Democratic Party may be resolved amicably. But Associate Editor, Sam Egburonu and Assistant Editor, Dare Odufowokan report that there are still many bumps on Dickson’s route. How far can he go to save PDP?

    Most observers and top stakeholders had concluded that the Peoples Democratic Party (PDP) leadership crisis has deteriorated beyond political redemption.

    Considering the extreme positions of the court-backed National Chairman, Alhaji Ali Modu Sheriff and the Chairman of the National Caretaker Committee, Alhaji Ahmed Makarfi’s factions, concerned observers and members had dismissed any suggestion of possible peaceful resolution of the prolonged crisis, pointing out that even if the Supreme Court finally gives the expected final ruling; the faction that will eventually lose out would likely pull out and further deplete the former ruling party in Nigeria, which blossomed at its peak to emerge the biggest political party in Africa.

    That was before Thursday, March 23, 2017, when the two factions suddenly agreed to a ceasefire.

    Reports had attributed the achievement of the truce to Thursday meeting of the groups with Bayelsa State Governor and the Chairman of the party’s Reconciliation Committee, Hon. Seriake Dickson, in Abuja.

    Following comments attributed to Dickson before the meeting, which the Makarfi group interpreted as a proof that the governor had taken sides, many had expressed doubts that the Abuja meetings will not hold and that even if it does; it will not achieve any tangible result. But the first sign of a possible successful meeting was when the representatives of the warring factions arrived at the venue.

    While Sheriff, the current National Chairman, was represented by Ahmed Gulak, Bernard Mikko and Cairo Ojougboh, Makarfi, the Chairman of PDP National Caretaker Committee, was represented by Prince Dayo Adeyeye and Rt. Hon Dave Iorhemba. The Nation gathered that the first 40 minutes of the gathering was tension soaked, a situation that changed significantly towards the end of the first hour of the over two hours deliberations.

    At the end the meeting, chaired by Dickson, the communiqué signed by the representatives said, among others, that “all actors of the party should desist from making derogatory, inflammatory and divisive statements against party officials, stakeholders and members.

    “That the party should not dissipate her energy amongst itself but to focus on how to unite and be a formidable opposition capable of taking over power from the failed APC-led government.

    “That all key actors in the on-going peace process should henceforth desist from making public press statements attacking each other and statements insinuating negative acts capable of dragging the party to the mud.”

    They also agreed that ”all key actors in the PDP have agreed to work together with National Reconciliation Committee led by Governor Seriake Dickson to engender peace and genuine reconciliation.”

    The first sign of a possible ceasefire this week was when Dickson successfully held a meeting with Makarfi on Wednesday at the temporary Secretariat of the Markafi group. Before then, there have been reports of allegations and counter allegations, which deepened the crisis.

    At the meeting Dickson had said “All officials of the PDP at the state and zonal levels elected before the May 21 botched Port Harcourt election convention remain valid.

    “My committee will also meet with other key organs of the party to present the template. But let me add that this report is not cast in stone,” he said.

    In his tacit response, Makarfi not only promised to study the template but to relate with other organs of the party on the report before making any serious pronouncement.

    It would be recalled that barely a day before the meeting, Makarfi was quoted as expressing surprise at the current role being played by Dickson.

    Asked to comment on the current role of the Bayelsa State governor, Makarfi had said, “Well, I am as confused and perplexed like the majority of the PDP members, because His Excellency, Governor Seriaki Dickson, will be in the best position to know why what happened happened. I would be wrong to outrightly say he has ulterior motive, maybe exuberance on his side, whatever it is, I don’t know, but I want to remind people that this peace issue has been on for a long time. General Ali Gusau had hosted us to several meetings in order to achieve political solution, one of the highlights then, which was suggested was that, both Ali Modu Sheriff and I should go. I opined that, the problem was not just Ali Modu Sheriff and I, there are other party issues. So, for us to clear the field once and for all, I opined that, if people are to go, it must be comprehensive, not just the two of us. And my fear was when the Court of Appeal made its pronouncement that, the status quo before 21st May should be reverted to, which confirms all fears at that time. And status quo means that, all national officers of the party, not just working committee should return to their seats. I think you see it now? Any political solution that is not all encompassing will still not solve the problem… So, you will be back to square one and in the eyes of the court is that you would have carried out an illegality.”

    Makarfi made the comments while reacting to Dickson’s unexpected call for him to step down in the interest of the party.

    He made the call while speaking with newsmen on in Abuja, where he said the stage was now set for all the chieftains and elders of the party to impress it on the caretaker committee to cede its authority to the Modu Sheriff-led leadership.

    For those who knew that Dickson and most of the PDP governors had supported Makarfi, the development came as a surprise.

    Explaining, Dickson said: “When the idea of making Sheriff the National Chairman of our party was hatched, I personally kicked against it.

    “I also turned down all the overtures from Sheriff because I did not believe in him and what he did.

    “So now, my position is that we have to move forward. I am a politician of conviction, I am not a politician of convenience and I am not a typical Nigerian politician,” Dickson said.

    Pointing out that the party had “come to a threshold when the right political decision should be taken to end the prolonged crisis,” he said, “The Makarfi  led caretaker committee should remember that it was a brain child of the majority of party members including I at a convention in Port Harcourt.

    “I  and up to 80 per cent  of the population of the PDP members were for Makarfi but the unfolding events have  compelled us to adopt a political resolution instead of embarking on further bickering.

    “As politicians and democrats, we must first obey the constitution and all other instruments of civil rule and which includes obeying the judiciary,” he said.

    He also said: “ We had expected that the Court of Appeal would give us judgment, but it rather upheld Sheriff as the National Chairman of the party.

    “Whether anybody likes Sheriff’s  face or not, the Makarfi-led caretaker committee was stripped of its authority to manage the affairs of the party the day the judgment was delivered.

    “It was in the spirit to honour the court’s pronouncement that the party’s reconciliation committee that I chair submitted its report on how we shall move forward to Sheriff.

    Jonathan’s factor

    The Nation investigation shows that what happened in the Abuja meeting has its roots in former President Goodluck Jonathan and other PDP leaders’ recent moves to resolve the crisis. According to a Makarfi supporter, who pleaded not to be named, the agreement was possible because the former President and other PDP fathers have persuaded our members that a political solution will impact on the party more positively than a legal resolution. “What truce we are seeing today began the day the leader (Jonathan) changed his earlier stance of keeping away to re-unite the party. Nobody wants to pull down the house, but all that we all wanted was equity and fairness according to law and common sense,” he said.

    It would be recalled that about three weeks ago, the governors of PDP, after holding a meeting with Jonathan resolved to adopt political, instead of legal approach in resolving party’s prolonged leadership crisis. The crucial meeting was attended by the governors of Ekiti, Akwa Ibom, Delta, Taraba, Cross River, Abia, Ebonyi, Gombe and Bayelsa states while Rivers State was represented by the deputy governor.

    Chairman of the PDP Governors Forum and Governor of Ekiti State, Ayodele Fayose, who briefed newsmen on the outcome of the forum’s meeting with Jonathan in Abuja, that Tuesday night, explained that the meeting was at the instance of Jonathan, adding that in their resolve to resolve the matter, all interests in the party would be represented.

    “He, Jonathan, is genuinely concerned about what is going on in the party, and he thought that an interactive session with the governors will go a long way to dousing tension.

    “We know that there are so many matters before the court but we believe that a political solution will go a long way to solve this matter.

    “If we believe in this party, we will all be willing and ready to pursue a political solution, which at the end of the day every interest will be well represented. That is the position of this meeting,” he said.

    Doubts, skepticism

    The resolutions notwithstanding, concerned stakeholders and observers have expressed fears that the principal players, Makarfi and Sheriff may not give up their individual pride and personal claims so as to allow real peace in the party.

    Contributing to this fear, the Chairman, Board of Trustees (BOT) of PDP, Senator Walid Jubril, warned, while receiving the report of Dickson’s committee, that it was selfish ambition that was destroying the party, pointing out also that “Any attempt by any member to leave PDP for an unborn party is not a good decision. You cannot build a solid house and abandon it midway. We must never behave as never do well. We must resolve our compromises. We need two strong parties, PDP and other one.”

    He advised his fellow party men to consider political solution, which he described as a ‘welcome,’ approach even as the judiciary is doing its work.

    Even Dickson had to caution the two factions. While presenting the report to the revered organ of the party, the governor expressed the same sentiment when he said “We will also be failing to point out that whether we succeed or how soon we succeed will be based on the collaboration of all of us.

    “Let us leave all personal grievances and ambitions behind. This party is not about Makarfi and Sheriff alone. Let us all unite, leave egos and ambition.”

    He also revealed that Sheriff has written an undertaken not to contest for the position of National Chairman of the party at the planned convention and to allow the convention committee free hand to operate by ensuring that all party officers resign ahead of the convention.

    Close associates of the principal actors confirmed at the weekend that the factional leaders were ready to give peace a chance.

    ‘We are committed to peace in PDP’

    Reacting to the fears, associates of Sheriff and Makarfi told The Nation, during the week that their leaders are committed to real peace in PDP.

    Former National Vice Chairman of the PDP and the Deputy National Chairman of the Sheriff’s faction of the party, Dr. Cairo Ojuogboh, who represented him at the last Abuja meeting with Dickson, expressed total commitment of the National Chairman of the party, Senator Ali Modu Sheriff, towards restoring peace in the troubled party.

    Ojuogboh, while expressing optimism that the current reconciliation effort being spearheaded by the Governor Dickson-led committee will spell peace and progress for PDP, said that Sheriff and everybody in his group are ready to work towards putting the party back on the path to lasting peace.

    While regretting that the unending leadership tussle within the opposition party has adversely affected its performance as an opposition party as well as its preparation towards returning to power as soon as possible, Ojuogboh assures Nigerians that the PDP, being a strong and well rooted political party, will not disintegrate, in spite of its many challenges.

    “Like we have said severally, it is the desire of the majority of our members nationwide that the party should be handed over to the people. I want to tell you that that is what Senator Sheriff is really interested in doing. All of us working with him believe in that assignment too and we will never be distracted in achieving that.

    “Long before now, we have announced to the whole world that the PDP National Working Committee would as soon as possible organise a national convention that would lead to the election of credible leaders of the party. And now, we have a reconciliation effort that is supporting that desire. So, we are ready to work for the return of peace to our dear party,” he said on Friday in brief chat with The Nation.

    It would be recalled the crisis came to a standstill when the Court of Appeal in Port Harcourt on Feb. 17, 2017, affirmed Sheriff as the National Chairman of the party against a resolution of May, 2016 National Convention of the party that sacked the party’s National Working Committee (NWC).

    In place of the NWC and National Executive Committee of the party, the convention had constituted a National Caretaker Committee headed by Sen. Ahmed Makarfi to manage the party and organise an elective national convention.

    The situation became further complicated when Sheriff challenged the development in court and got judgment, affirming him as chairman while Makarfi, supported by PDP Governors Forum and elders, including the Board of Trustee (BoT) headed to the Supreme Court for the final ruling.

    Since then, observers had said the much awaited national convention may never materialise.

    Unity convention

    But following the turn of events, more PDP members now foresee a successful elective National Convention in which new leadership and generally accepted leadership of PDP will emerge this year.  But the truce is coming even as the Supreme Court has fixed May 4 to hear the objections raised by Makarfi. This explains why some concerned stakeholders insist that the bumps on the route to peace in PDP are yet to be fully leveled.

    “Yes, our members attended the meeting with Governor Dickson. That does not mean that the matter in court has been dropped. Until that is done, we cannot really say the legal solution to the PDP crisis has been abandoned in favour of a political solution. You and I know that a political solution can never be superior to the rulings of a Supreme Court, both in the case justice and of equity,” said a Makarfi associate who said he was not asked to speak for the faction.

    Hinting on the behind-the-scene negotiations that led to the current understanding, Walid had assured Dickson that the BOT will meet with other organs of the party, “So that we can call our convention before or latest by June. “I want to assure our members that peace will return to PDP and all our differences will be resolved.”

    The Nation’s investigation by Friday shows that the successes so far achieved by the Reconciliation Committee, especially the report and the communique of the last meeting with Dickson will only serve as the take-off basis for further negotiations. It remains to be seen if what happened in Abuja on Thursday, March 23, 2017, is truly a light in the PDP’s leadership dark tunnel.

     

  • Is there light at the  end of the tunnel?

    Is there light at the end of the tunnel?

    These are tough times. The economy is practically in recession because the stomach feels it. Workers are starving. Inflation is in a runaway mode. There is generalised citizen disenchantment. No matter how anyone chooses to parse this moment, the harsh reality is that it is not the ideal.

    Surely, in moments like this, the party in power bears the brunt of citizens’ collective angst. After all, in seeking the support of the electorate, the ruling party had presented itself as the one with the answer to the challenges facing the nation. Even if some or most of the challenges that eventually emerge were never anticipated, the victorious party now carries the unwholesome burden of meeting them. And it must deliver against all odds.

    Still it bears reminding ourselves where we came from and what has been our citizen share of the blame of delayed action in getting our economic house in order.

    We have to go to the very beginning of the republic to revisit the values of hard work and modest lifestyle that would have served us well if we indeed let it endure. Beside taking agriculture seriously and earning decent foreign exchange from that source, we also cut our national coat according to our cloth. Leaders led by example.

    We had a parliamentary system of government that moderated the cost of governance with members of regional assemblies serving on a part-time basis. Development plans were taken seriously and educational institutions were well-positioned, with well-trained teachers, who proudly took their jobs seriously and produced marketable graduates who had no problem securing employment with businesses, industries, and public service. These laid the foundation of a thriving economy to the end of the First Republic and beyond, until the seventies.

    Many things went wrong in the late seventies to mid-eighties. Education was bastardised. Values were dethroned from our  national life. We went from a nation of hard workers to a nation of loafers looking for easy money because that was what we were oriented to. It was the era of emergency contractors and sugar daddies in starched khaki and, later, in flowing agbada and babaringa. What can go wrong? That mindset, inimical to growth and development of the nation and individuals, has never been completely rebuked or abandoned.

    The blame can go round between military and political leaders who led us astray and citizens who betrayed our values of hard work and modest lifestyle, which every ethnic nationality imbibed from its ancestors. Rather than compete healthily for the products of industry and hard work, we threw caution to the wind and engage in the rat race for wealth that we did not produce. If we engage in objective soul searching, no one can go blameless.

    When politicians canvass for votes, what demand do we make of them? Do we take them to task to explain how they expect to move the nation forward and make life better for citizens or do we ask for our share of the proceeds of corrupt enrichment as a condition for them to receive our votes? And why do we reasonably expect that they owe us anything once they ascend to power?

    This accounts for the noxious phenomena of local government chairmen simply sharing among party stalwarts their allocation of funds meant for local development. It also explains the conversion of security votes and constituency funds into personal funds. We are all implicated in the cause of our present predicament.

    Of course, we can excoriate the leadership for its weakness of the will in not resisting forcefully the temptation to accede to the indefensible demands of political activists and hangers-on. The previous administrations must accept the larger share of the blame. So must the leadership at the state and local levels across political parties. Much as corruption has been the bane of our development, there is a much more fundamental source of our present predicament.

    It is not as if we haven’t been here before. But it is shameful that every time we face the reality of our dependence on a single commodity, we fail to take the necessary corrective action that has the potential to endure and put us on the path of economic advancement. Of course, doing this takes a strong political will and an uncommon courage to do what is right and damn the political consequence. While taking such a stand may be unrewarded and, worse, punished at the polls, the positive long-term outcome can be a lasting legacy to the leaders that refuse to be guided simply by short-term political interests.

    The Action Group lost an election shortly after it introduced an epoch-making policy of freely educating children of primary school age in Western Nigeria. But which leader and which party do we keep heaping praises on 60 years after? This is a great lesson in leadership.

    The Buhari administration has vowed to rewrite our economic playbook by redirecting our national development efforts towards the non-oil sector, especially agriculture and mining. It is about time. But it will get worse before it gets better, and the unavoidable hardship will deplete our individual and collective bank of endurance and perseverance. We must remind ourselves, however, that we are simply making transfers from our credit accounts into our savings and investment portfolio for a better future. We have been through 50 years of easy money from fossil oil. It is over for good. The developed world that needed our oil has moved on either because they have struck the black gold themselves or because they now have better environment-friendly alternatives. What is important is to avoid prevarication. The signs, thus far, are mixed.

    On the one hand, the ongoing anti-corruption war has been hailed by some and castigated by others. It is normal. What is more important is that the leadership does not vacillate in the face of expected pushback. How else can it be? Those who looted didn’t expect that they would be thus exposed and required to make restitution. But if deterrence is a moral justified tool of governance, there is no alternative to having them recompense.

    On the other hand, however, those who hail the anti-corruption war and would like very much to see its culprits exposed and shamed, will also be the first to ask for the crucifixion of the administration if the economy does not improve in the near term. This is also normal. In reality, however, the anti-corruption battle and the battle for economic restructuring are two fronts of the same war, the ultimate goal of which is to make life better for the people.

    This is why the Buhari administration must engage in serious multi-tasking and retain the services of economic experts to champion the recovery efforts. The perception of a dithering approach to the exchange rate regime that appeared to have sent wrong signals to investors and slowed down foreign investment, now hurting the naira badly, is regrettable. Lost time must be regained.

    There are indications that the administration is refocusing effort in this direction. The report that the non-oil sector has provided the majority of the revenue to the coffers of the federal government in the last quarter is admirable. The discovery of ghost workers in thousands and the sealing of the pipeline that feeds them is also commendable. Such funds must be directed to investment in infrastructure.

    On top of all these, however, three areas must attract the immediate attention of the administration. First, economic diversification must be pursued with fervour. Second, the public service must be restructured and organised labour must be an integral part of this effort. Labour cannot honourably resist restructuring whose goal is higher productivity, including the generation of internal revenue for states and local governments.

    Third, toughness in the pursuit of national economic recovery must be combined with an empathetic understanding of the grievances of groups and communities, especially minority populations, which have been under-represented and under-appreciated. Respect for diverse cultures and values is the essence of cultural democracy. Pluralism is our heritage, and to see the light at the end of the tunnel, we must embrace it.

  • Eurotunnel train stopped in Channel Tunnel by power fault

    A power fault has stopped a Eurotunnel train in the Channel Tunnel, causing hundreds of passengers to be evacuated from the train and causing long delays.

    The 06:20 BST train from Folkestone, carrying 382 people, stopped about a quarter of the way to France.

    Eurotunnel said the train was being moved but long delays and queues were expected all day.

    The delays could affect the Tour de France, with teams travelling to France after Monday’s stage ending in London.

    Eurotunnel, which carries passengers in vehicles on board trains between Folkestone and Coquelles, said it expected the problem to be fixed by the end of the day and that services should run normally on Tuesday.

    Richard Westcott says big queues are forming as passengers wait at St Pancras. There are also delays on Eurostar passenger services, with delays and cancellations on trains between London St Pancras and Paris and Brussels.

    Eurotunnel said a fault with the overhead power lines in the tunnel caused the problem.

    The driver brought the train to a stop and passengers were evacuated into the middle service tunnel, which runs between the two main tunnels and is designed to allow people to escape from halted trains.

    A train was brought from France along the other main tunnel and parked alongside the stopped train to allow passengers to board it and be carried to France without their cars.

    Richard Byrom, passenger: “We were evacuated into the service tunnels”

    Passenger Richard Byrom, from Maidstone, told BBC Radio Kent: “All of a sudden I heard this crashing noise, it didn’t sound like the train itself had crashed but what became evident later on was that the power cables had got entangled or come down.

    “For about 20 minutes the train just stopped and we didn’t know what had happened.

    “Eventually they said they are going to take us off the train because they couldn’t move our train because it was trapped by the power cables or something like that.”

    He said the passengers had to wait in the service tunnel for about half an hour before boarding the train that took them to France and he had been stuck for about four hours in total. He said they were given an evacuation pack of a pen, notepad, playing cards, torch, fan, water and wet wipes.

    Another passenger, Brian Tait from Dover, said he was still waiting for his car in Calais at 12:45 – about six hours after the train came to a halt.

  • Groping along the long, dark tunnel

    Groping along the long, dark tunnel

    Thanks to Vanguard newspaper’s April 2 edition for reminding us, yet again, of the confounding arithmetic of the power sector. According to the newspaper, Nigeria from 1999 till date poured some N5 trillion ($31.45 billion) into the sector. Hopefully, by December when the new power plants under the National Integrated Power Projects (NIPP) come on stream, output in power generation is expected to hit 10,000mw – barring unforeseen developments.

    For the power-starved citizens, it remains a matter of watching and praying to see whether this dream would materialize. Just like 2005 when the nation first caught the bug of power sector activism, a lot of action is supposedly going on in the sector to stoke excitement. Never mind that the activism of the last 14 years and which has gulped $31.45 billion now promises to deliver a mere 5,500mw net addition to the grid.

    By comparison, South Africa’s $37 billion expenditure spread over a 10-year period is programmed to treble its current 45,000mw capacity. Now, if that is supposed to be a measure of how confounding the nation’s power econometrics is, that comparison merely seeks to temper citizen’s expectations as the magical date of abundant-power-for-all draws close.

    If I may repeat the familiar cliché, it is certainly not yet uhuru. The signs of bad faith and incompetence are more than evident. Call it the Nigerian nightmare; we have seen lots of talks but very little progress in terms of things that count. If it is not failed contractors stalling the projects, it is gas pricing and investment issues bogging down the process. While these go on, the turbines cannot be put into action. Most recently, we have had personnel issues – issues of severance package to be paid to disengaging PHCN staff thrown into the mix. If anything, they merely remind that the Nigerian jinx is alive and well.

    I have looked at the Power Sector Reform Act 2005. Honestly, I find nothing that can be described as unworkable in the instrument. I have also taken time to look at the roadmap for the sector’s reforms – a beautiful document by any standard. Those two instruments are no doubt milestones at least as far as laying the foundations for the much touted liberalization of the sector goes. Unfortunately, this is Nigeria where achievements are better delivered – on paper.

    In other words, real progress is a different matter. True, the structural reforms have gone fairly well. One can safely say at this time that the reforms have turned the corner – irreversible. Save for the lingering personnel issues, the sale of the unbundled distribution entities are as good as sealed. And, after months of dithering, the transmission company has also been handed over to the new managers – Manitoba Hydro Electric of Canada. For once, it seems that the regulator can claim to be on top of its game. Taken together with the frenzied pace to deliver the NIPP plants on their target date, and the various initiatives to deliver gas to fire them, the nation can claim to be closer to the dream of steady electric power supply.

    The issue unfortunately is hardly whether progress has, or is being, made. The debate has gone beyond the need for structural changes. They have in fact been accepted as inevitable. The real problem is the attempt to see the changes as an end as against being a means to an end. For instance, the process that led to the sale of PHCN entities cannot by any stretch of imagination substitute for the truly liberalised power sector that the nation craves. Sure, parceling the behemoth among different operators is a far cry from the picture of post reform power sector once bandied. I mean the picture of foreign investors falling over themselves to have a piece of the action in the deregulated power environment.

    The issue, in summary, is about doubling, trebling or even quadrupling investment and output of electricity in the years to come. Isn’t that the whole idea behind the institutional redesign?

    This is where I consider the entire process somewhat disappointing.

    With due respect to the new owners of the distribution companies, what comes as striking is the absence of players of substance – global leaders – among them. Of course, in some established cases, some of the power plants were sold on non-competitive basis. Taken together, these issues raise the question of whether something isn’t fundamentally missing in the post-reform legislative and institutional architecture.

    I wish I could state that the prognosis in the near term is anything but bad. Unfortunately, it’s hard to see the inefficiencies which hobbled the operations of the PHCN disappear because it carries a new name; as for competition; there will be none.

    Of course, no one needs to worry about the long term because by then, we’ll all be dead!

     

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    Re-Oteh/Reps duel

    Your write up on the Oteh/Reps duel is very informative. The Reps vengeance has blinded them to the extent that they denied SEC workers 2013 appropriation. It is tyrannical overreach and unconstitutional. Chuma Mbaise, Imo State

    The two chambers reps/senate is one of the calamities that befell Nigeria. Their salaries/benefits are never and will never be known. Their next target will be the judiciary. Were they that articulate, they would have issued a query, asking the Senate to explain why Oteh was confirmed. They always have exaggerated impression of themselves/limitations. They are a disaster. Akinlayo A, Osun

    I am fascinated by your write up on Oteh/Reps duel. It is indeed sad that the so-called representatives of the people have decided to play to the gallery on this Oteh saga. What these honourable members should tell Nigerians is: what was the state of our stock market before Arunma Oteh took over as DG and the present state since her leadership of the market. I believe the powerful “thieves” who ran the stock market aground during the tenure of the Prof Ndidi Okereke-led stock market with the active collaboration of the CBN then, are hell bent on frustrating this woman who has worked tirelessly to reposition the market. She sure stepped on toes when she revealed the rot in NSE/SEC perpetrated by her predecessors with the active connivance of the Board. It is pathetic that those who are sincerely ready to work for the benefit of all Nigerians are usually frustrated. What a pity! +234 8158836388

    Sanya, I didn’t know we still have knowledgeable and bold Nigerians in the country’s enduring hopelessness and rudderlessnes. Thanks for your piece on Oteh/Reps duel. When will those reps stop behaving like street urchins in legislative quarters? Sincerely, we must find a way to end the madness. Rev Dr A Ezimah.

     

     

     

  • Waje, Nse, Doyle in the Tunnel

    Waje, Nse, Doyle in the Tunnel

    FOR musician, Iruobe Waje the New Year comes with a new love; acting. Simply known as Waje in entertainment circles, the songstress is starring alongside Patrick Doyle, Femi Jacobs, Nse Ikpe-Etim in a new movie with the working title Tunnel.

    Due for an April release, Tunnel is directed by Stanley Ohikhuare and is said to be the debut movie of Waje. The movie tells the story of a young pastor, Lade (Femi Jacobs), and his wife, Shade (Waje) who has a daughter who falls ill, but must try all they can to battle and save her as well as their troubled marriage.