Elumelu In Africapitalism

BY Magnus Onyibe  Few Africans have talked about pan Africanism and made it happen. And one of such people is Tony Elumelu, the self-appointed champion of AFRICAPITALISM -Afrocentric entrepreneurship aimed at stimulating economic growth towards the  elimination of poverty in the continent of Africa. The banker turned entrepreneur through his HEIRS holding-a diversified conglomerate, has in the past three years been leveraging on his philanthropic platform, Tony Elumelu Foundation, TEF to turn the whole African landscape of 54 countries into a sort of investment tapestry, just like a visual artist paints his vision on canvas. His commitment to spend a jaw-dropping sum of $100m in the next 10 years empowering budding entrepreneurs is so strikingly remarkable that skeptics would have thought that it was a mere gimmick. But as it has turned out, Elumelu is not a politician that may be given to hoaxes. Being a businessman who is fighting a cause, as the...
By Jideofor Adibe Nigerians love buzzwords – slogans that are rep                 eated frequently enough, (and imbued with assumed values), that they begin to sound like established facts or self-evident truths. One of the favourite mantras in Nigeria today is the notion of the ‘detribalized’ Nigerian. Depending on the context and the speaker, this could often mean anything – that the person being referred to is more Nigerian than most Nigerians or that the person is consciously and routinely unaffected by ‘tribal’ considerations in whatever decisions the person takes. It could also mean that the ‘detribalized’ person’s Nigerian identity is assumed to be the top on a supposed hierarchy of identities that the person possesses. In this piece I will like to interrogate the notion of ‘detribalized’ Nigerian and then reflect on whether one’s Nigerian identity is incompatible with one’s ‘tribal’ (or primordial) identity. We will take it step by step: One, the...

No Chief Imam For The National Mosque

I will break off from my article on the Independence Day Celebrations for a rather important piece. I shall continue with it next Friday week, insha Allah, please bear with me. The Abuja National Mosque does not have a new Chief Imam as widely rumoured in the social media. That position ceased with the demise of Sheikh Musa Muhammad, (may Allah relent towards him), the first and only Chief Imam of the Abuja National Mosque. Perhaps he was used to reciting the same supplication as the Prophet, Sulaiman (Solomon) who supplicated thus, “…My Lord, forgive me and bestow on me a dominion, which shall behove none other after me, for You are The Bestower” (Saad Q38:35) The Nigerian Supreme Council for Islamic Affairs (NSCIA) held its 6th meeting of the Extended General Purpose Committee on October 9th, 2017 at the National Mosque under the chairmanship of the President-General and Sultan of...

Rochas Okorocha Is Killing Me

After calling out the Imo State governor, Rochas Okorocha, twice in 10 months, I gave up. The governor has the whole of Imo as his duchy and he will do what he will do. So, what’s the point? If I’m now constrained to cry more than the bereaved people of Imo, it’s simply because their worsening misery is killing me. For two weeks, Okorocha held the state hostage to mark his 55th birthday anniversary. School children, whose parents are still being owed salaries of up to three months, were lined in the streets of Owerri to salute the governor. As for pensioners whose long arrears are being paid in dreadful bits, they watched Okorocha’s parade from the discomfort of their homes as their August/September cheques bounced again. Mothers, whose stalls in Ekeukwu market had been demolished by the state government in defiance of a court order and the parents of Somtochukwu, who lost...

Professor Nye On Secession

The new in-thing all over the world is secession. Even European countries that were thought to be sacrosanct as far as boundary adjustments are concerned are now having separatist tendencies. Harvard University Professor Joseph S. Nye Jnr. is an authority on this issue. He recently wrote a very nice piece titled: The Who, Where and When of Secession, which I want to share with you my dear readers today. After all, no one is afraid of the issue of separation or secession any more. It is hereby reproduced verbatim in the following paragraphs. Happy reading: This week, Kurds in northern Iraq voted overwhelmingly in favour of independence for the country’s Kurdistan Region. With some 30 million Kurds divided among four states (Iraq, Turkey, Syria, Iran), nationalists argue that they deserve the world’s recognition. In Spain, some 7.5 million Catalans have raised the same question. Does it matter that polls show Catalans,...

Truth And Fallacy About Kogi State

By Shaibu Stephen Ojate The Governor of Kogi State, Alhaji Yahaya Bello is being seen by people in different forms. Some consider him as the worst Governor of the State since its creation while others regard him as the messiah God sent to Kogi State to redeem her people and indeed he is living up to expectation. The erroneous impression people have about him was what necessitated his Special Assistant on Social Media, to invite some known social media Users to grace Kogi State Social Media summit in Lokoja, recently. The objective of the summit was to enable the invited social media users to have interaction with the political appointees in order to get first-hand information on the affairs of Kogi State contrary to misrepresentation and false claims trending on the social media platform. The meeting was also to give the invited social media users an ample opportunity to ask questions or...
Since the return of democracy in 1999 and the establishment of two anti-corruption bodies (the Independent Corrupt Practices and Other Related Offences Commission and the Economic and Financial Crimes Commission) to rid the country of institutionalised corruption, interests of various forms and influences from diverse sources have thwarted the fight against graft in Nigeria. Recently at a resumed sitting of the Katsina State High Court, where the ICPC is prosecuting three former officials of the last administration in the state, we were once again reminded that the government’s anti-corruption campaign is not insensitive to political and other socio-factorial sentiments. The state’s Attorney General and Commissioner for Justice, Mr Ahmed El-Marzuk, emerged at the middle of the trial on last Tuesday seeking the permission of the court to take over the prosecution of indicted officials brought to the court by the ICPC. This is curious, especially an earlier fiat the state Attorney...
By Godwin Emefiele - It is my pleasure to be invited to deliver a lecture to participants of Senior Executive Course 39 on the topic “Financing Science, Technology and Innovation (STI) for the Development of Agro-Allied Industries in Nigeria”. I am fully aware that Senior Executives course is organized yearly for top executives from both the private and public sectors in order to broaden their knowledge horizon on topical issues of national development and build capacity toward effective policy formulation and implementation in Nigeria. The theme of this year’s lecture “Science, Technology and Innovation for the Development of Agriculture and Agro-Allied Industries in Nigeria” is appropriately timed considering the urgent need to leapfrog the economy to full recovery and sustainable growth after recently exiting economic recession. In addition, the development of agriculture and agro-allied industries is central to the achievement of Sustainable Development Goals (SDGs) for which Nigeria is a major signatory....
BY Magnus Onyibe Being a farmer himself, it was easy for President Muhamadu Buhari to spot the fact that the Central Bank of Nigeria, CBN Anchor Borrowers Program has been making waves by having massive impact on the farming sector across the country and by extension helping in lifting up Nigeria’s economy which due to the sharp drop in crude oil price had tanked since the inception of the current administration. President Buhari who used the opportunity of October 1st Independence Day anniversary broadcast to Nigerians to sort of present the mid-term report of his stewardship in the past two years , also held aloft the recently launched  CBN National Collateral Registry program also known as Collaterals Bank aimed at making credit more accessible to the small scale enterprises, SMEs as another milestone achievement under his watch. Through the new scheme, owners of SMEs and a critical mass of micro entrepreneurs...
If a war foretold does not take the cripple by surprise, the Minister of State for Petroleum Resources, Ibe Kachikwu, is in a situation worse than physical handicap. He’s a victim of his own naivety but his appointer could be in a bigger dilemma. The warning shot was fired one year ago when Kachikwu was removed as Group Managing Director (GMD) and kicked upstairs as junior minister. He was cosseted in a nice office, given plenty of room to travel and such other pleasures that deaden any sense of danger. Maybe he didn’t want to rock the boat. Or perhaps he thought that with time, everything was going to be all right. But how wrong his optimism – or innocence – has turned out to be! As GMD, Kachikwu had side lined Maikanti Baru, the highest-ranking insider and quintessential corporate vulture, that patient bird. If Baru’s appointment as Kachikwu’s successor didn’t...