Dr. Sam Amadi, Associate professor, Baze University, and Director, Abuja School of Social and Political Thoughts, and former chairman, NERC


Dr. Emeka Okengwu was born on January 1st 1964. He was educated at the Universities of Nigeria Nsukka, New York State University and ITTL Doctoral Research Center, and University California USA. A Patron International Human Rights Commission (IHRC) Geneva, for the African Region, Dr. Okengwu has been,
Dr. Okengwu is married with children and holds the traditional titles of Ipigbe Weppa-Wanno and Ikenga Oru- Ahaira
What you should be pushing is a change in these nuances. MDs who run their companies as fiefdoms aren’t the leadership we need for sustainable development. The world is quickly adapting flatter org structures, flexible work models, and collaborative decision making. Under 25’s are making these decisions, empowered to manage budgets, and fail forward as companies foster innovation and inclusion as keys to their survival.
The Nigerian leader regresses, by centralizing rather than devolving institutional power. Resorting to running kingdom/subject models rather than corporations is what results in the analogy you just made. Does not serve anyone in the long run. From subjective employment decisions to cut off a crucial part of employee gratification – the power to act in decision-making roles, in their areas of technical capability. What is the strategy behind that? Those companies will be handed over to people who have no decision-making acumen. it serves no one. That should be your message.
Corporate partnerships should not be the MD’s way of hobnobbing. Nor should it be decided on the basis of relationships and social class. Figurehead roles exist when roles aren’t mapped to industry and sectoral needs. Why maintain a role if you consider it obsolete or irrelevant to your sector in the first place? If the banking industry does not consider Corporate Comms roles to be strategic, then those roles should be mapped accordingly. There are ways to build mutual-disciplinary capabilities that contribute to business bottom lines holistically. Finance should take a leaf from the tech industry, where roles require multidisciplinary capabilities.
Corporate culture in Nigeria is soo culturally nuanced, and most visible within MD/Founder orgs. I doubt we will see real progress with those. The will to change just isn’t there.
IZIN AKIOYA MCIM
Chartered Post Graduate Diploma Marketing (CIM UK)
Bsc. Economics (University of Lagos)
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Faculty: Simon Page College of Marketing
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As opposed to brain drain, international migration researchers are increasingly noting a new phenomenon they call “brain circulation,” whereby talented people leave, settle down abroad, and then return to their home countries with their intellectual assets, and yet are not fully “lost” to either place.
As Richard Devane wrote in a study issued by the World Bank, China, India, and Israel enjoyed investment or technology booms from 2000 to 2010, which are linked by expatriate leadership in all three countries.
Recently, Dr. Akintoye Akindele, in a working paper themed: Beyond Remittances: Unlocking the True Value of the African Diaspora propounded just that. Nigeria’s economic breakthrough stands a good chance of happening from diaspora assets, not necessarily from the current annual remittances of $25 billion, which is projected to reach $35 billion over the next five years, but from knowledge and skills circulation. He pushed for Nigerians living abroad who have marinated the wealth of knowledge and skills of those developed countries to transfer the same to the homeland.
There can be no gainsaying the fact that Nigeria’s diaspora population is knowledge and skills endowed. For instance, more than 5400 Nigerian-trained professionals thrive in the British NHS. Nigeria has the third-highest number of foreign doctors working in the UK. The only certified cardio nephrologist is of Nigerian origin.
37 percent of Nigerian-Americans hold a bachelor’s degree and 17 percent hold a Master’s Degree. Nigerians account for less than 1 percent of the black population in the US, yet make up ~25 percent of all black students at Harvard business school.
95,000 Nigerian students are sent abroad annually.
On the flip side, $1 billion is spent annually on medical tourism in Nigeria. Doctor to patient ratio is 1:6000, far less than the World Health Organisation’s recommended 1:600. That is due to the poor availability of skilled personnel and poor health facilities. The number of practicing medical doctors in Nigeria is approximately 35,000.
Education-wise, about 10.5 million children in Nigeria are out of school; 40 percent of primary school teachers in Nigeria are not qualified.
The rate of education accessibility in Nigeria is 20.1 percent. Nigeria’s share of the global shortage of teachers is a staggering 12 percent.
Clearly, there is a huge knowledge and skills gap between the diaspora population and the homeland that should be narrowed in order to catch up with global development speed.
While Nigerians in the diaspora have flourished abroad, they have also tried to engage the homeland but have been met with some stiff challenges.
Many Nigerians in the diaspora are willing and able to provide support to key sectors such as education and health but do not know the channels to follow.
According to Akindele, that is due to pertinent underlying issues including Trust, which is often an issue when dealing with diaspora contributions; Civil and Political Unrest and Uncertainty that stoke fear of political and security situations across the country, often hampering the willingness of the diaspora to make long-term home-based investment and contribution decisions; Poor Enabling Environment to foster growth, in which Nigerians abroad have often had difficulty planning and coordinating effect impact effort or direct investment without their physical presence as issues often arise around how they will monitor progress remotely and get true updates; Infrastructure, where economic and formal institutions are still In a questionable state; and Lack of Understanding of Local Terrain & Policy.
While the above issues remain hard nuts to crack, Akindele extrapolated low-hanging fruits representing opportunities for immediate impact for Nigerians in diaspora willing to deepen inbound engagements. They include:
Skills Development & Knowledge Transfer, which can be achieved by training programs for software talent to drive developer count upwards, coordinated and structured exchange programs, facilitation of internship programs and placements for local talent, partnership with incubation hubs and mentorship programs on the continent, and remote work engagements with local SMEs in strategic roles and positions– knowledge spillovers.
Collaborative Research & Innovation by reduced investment costs from early entry, access to co-investors after commercialization, joint laboratories with joint grants establishing research institute, centers, and laboratories cross-border peer review and collaboration.
Also, Investments through Diaspora Direct Investment (DDI) in SMEs and startups, Diaspora funds and angel networks, Diaspora bonds, and joint venture partnerships with local investors and entrepreneurs.
Trade and Product Exchange by a partnership with local producers and service providers, Patronisation of made in Nigeria products, distribution partnerships, and structures for made in Africa products, as well as IP& Licensing support for global markets.
With Nigeria’s remittance per capita currently standing at $998, Akindele propounded that besides being sentimentally linked to the home country, 54 percent of Nigerians in the diaspora hold or are likely to hold managerial positions, while 61 percent have a first degree. He, therefore, projected that Nigerians are still likely to have the financial power in the future to make hefty remittances.
Currently, 55 percent of diaspora remittances to Nigeria are sent for family upkeep, 25 percent for charity, 11 percent goes to business investments, while 9 percent goes to building projects. That trend does not impact the local economy optimally.
One commentator said on average, over 70 percent of diaspora funds are drained by consumption. “Though this helps to address poverty, efforts should be made to raise the 30 percent available for investment much higher.
Annalee Saxenian, an economic geographer at U.C. Berkeley and author of ‘The New Argonauts’ notes, “Like the Greeks who sailed with Jason in search of the Golden Fleece, the new Argonauts are foreign-born, technically skilled entrepreneurs who travel back and forth between Silicon Valley and their home countries.”
Those are the very “Argonauts” that have been instrumental in the transformation of China, India, Taiwan, and Israel over the past few decades.
Diaspora Nigerians and the local talents are all the ingredients needed for Nigeria to become the next economic miracle, except for the lack of synergy.
Left to dawdled politicians to create the right environment that time may never come. That synergy and change can begin with just the next action-taker.
The Chartered Institute of Bankers of Nigeria and Intelligent Interactive limited: a Leading digital analytics company in Nigeria, are collaborating to empower organizations’ executives and bankers with AI and Analytics training that will enhance their productivity in areas where experience falls short.

Speaking with the CEO of Intelligent Interactive Limited Temiloluwa Sobowale On the need for training like this at this time he said “ There is a limit to what your experience can do for you in this digital age, you can only see the past if you are using your experience alone, but AI and analytics enable you to predict the future possibilities using your current data. The capability of identifying patterns like correlation and Causality from huge data sets cannot be processed by the human brain, hence not using AI and analytics for decision-making limits the outcomes of such a business executive”.
Learning Outcomes:
At the end of the training, participants will:
The training will benefit team members who are Business Executives, HR Practitioners, Corporate Affairs Practitioners, Researchers, Compliance Officers, Finance Officers, and other members of staff with decision-making functions. Open to Bankers and non-bankers, the training will hold virtually on the 19th-20th of October.

2. Sobowale, a Fellow of the Institute of Management Consultants in Nigeria ( an institutional affiliation to the global International Council of Management Consulting Institutes) is also certified from San Francisco University the USA, where he was trained and bagged certificates in Interactive Marketing & Measurement, Advanced Social Media and advanced Mobile marketing. Sobowale was the first individual in Africa certified by Google in 2010 in four areas (Search Marketing, Display Advertising, Reporting & Analysis, and Google Analytics) and became the first Consultant to Google in Nigeria, in 2010 where he managed both Adwords and analytics platform for over 200 get African business online project participants.
3. He also attended the International School of Communications, where he bagged certificates in Crises Management, digital communications, PR strategy development, online crises management, Social media measurement ETC. He has worked with companies in Nigeria and globally developing strategic, goal-oriented Interactive Marketing/ reputation risk management plans, with measurable results and impressive ROI delivered.
4. These brands include Gtbank, Zenith Bank, Ecobank, Fidelity Bank, Access Bank, Oando plc, and many more. He has recently been involved in various disruptive technology innovations, which included co-founding Insightely Incorporation a US-based analytics Company with analytics product release to his credit- Repnalytics.com, reputation analytics, and digital insights platform, used by approximately 30% of leading banks in Nigeria and Competitiveintelligence.io a digital competitive intelligence platform for Startups and SME’s.
5. He is one of the most experienced digital marketing professionals in Nigeria, with over 10 years of experience in managing digital marketing campaigns, online brand/reputation risk (for leading executives and organizations ). He uses analytics daily to solve complex business issues bringing out insights that were formerly buried in databases of these businesses, using data to achieve the desired business goal of growth, efficiency, productivity, and profitability as desired by the businesses he collaborates with.

‘Deji Balogun is Co-founder & Chief Technology Officer of Terragon – Africa’s leading Customer Data aggregation, enrichment, and activation marketing solution. He is a passionate and innovative leader with over a decade of experience leading teams, building and deploying enterprise software solutions across different countries, and making Terragon an exceptional place for developers, engineers, and other tech professionals to work.
His vision, design, and prudent management of the Tech stack is what has allowed the company to seamlessly evolve from a Telecoms Service provider in 2011, into a Digital Agency and now marketing cloud ecosystem featuring SaaS and Enterprise software solutions as well as key integrations with Pan-African Telcos and Big Tech companies such as Facebook.
With the best-of-breed Technology team made up of over 30 Product and Engineering teams distributed between Bangalore, India, and Lagos, Nigeria, he effectively manages them to support the Business teams based in Nigeria, Kenya, Ghana, and South Africa.
Under his leadership, Terragon has developed a number of proprietary data platforms and marketing solutions that are currently used by major multinational Brands including MTN Nigeria, Nigerian Breweries, Stanbic IBTC, etc. Terragon’s CDP is currently the first and only African- owned CDP to be verified by the globally renowned Customer Data Platform Institute.
He has worked to develop African tech talent by overseeing the tutelage of over 5,000 students at the “Terragon talent development hub” at Obafemi Awolowo University, at Ile-Ife, Nigeria, producing top talents that have gone on to deploy their skills at various global and Tech companies around the world.
Prior to joining Terragon, he was one of the pioneering Technology experts at Jobberman.com, Nigeria’s foremost jobs directory. He helped create the platform on which the portal runs today.
Deji is an alumnus of the Lagos Business School and the prestigious Obafemi Awolowo University, Ile-Ife.

Tunde Adegbola is a Research Scientist, Consulting Engineer, and Culture Activist. He holds a B.Sc in Electrical Engineering, M.Sc. in Computer Science, and Ph.D. in Information Science. As Executive Director of African Languages Technology Initiative (Alt-i), Ibadan, Nigeria, he leads a team of researchers in appropriating human language technologies for African languages. In this regard, Alt-i partnered with Microsoft to localize Microsoft Windows and Office Suite for Hausa, Igbo, and Yoruba. Before Alt-i, he worked at Innovative Computing Group (ICG) Inc. Ohio, USA, applying Cellular Automata Transform (CAT), an innovative data modeling technology developed in ICG for the perceptual compression of Digital Audio.
He taught Artificial Intelligence and Automated Reasoning at the University of Lagos from 2008 to 2019 and has been teaching the same subjects at the University of Ibadan from 1990 till date. In 2016 he was commissioned by Shell Nigeria Exploration and Production Company (SNEPCo) to undertake Stake-Holder Consultations and Needs Assessments for the delivery of ICT Centres to some Nigerian universities as part of SNEPCo’s Corporate Social Responsibility program. He also coordinated the development of curricular and course materials for the M.SC and Ph.D. programs in Artificial Intelligence for the National Open University of Nigeria (NOUN).
As a consulting Broadcast Engineer and Media Systems Integrator, he helped to develop the technology infrastructure for the Nigerian Motion Picture Industry (Nollywood), working with production houses such as Mainframe Productions, Klink Studios, Cinecraft, and Media International. He designed and installed many of the pioneering private TV Stations in Nigeria including Channels Television, MITV, and Africa Independent Television (AIT), which he designed, supplied, installed, and commissioned between 1995 and 1997. He has also worked in setting up new as well as enhancing existing radio and television stations in Senegal, Guinea Bissau, Guinea Conakry, Liberia, Sierra Leone and SaoTome and Principe, consulting for various international NGOs and UN bodies such as Open Society Initiative for West Africa (OSIWA), International Alert, UNICEF, and UNDP.
He is at present the Chairman of the Technical Sub-committee of Digiteam; the Presidential body set up to guide the transition of television broadcasting in Nigeria from analogue to digital and also functions as a member of the Ministerial Task Force for the same purpose. He is also a member of the Digital Literacy Implementation Committee for South West Nigeria of the DAWN Commission.
A Chevening Scholar, Honorary Fellow of the Linguistics Association of Nigerian (LAN), former Council Member of the West African Linguistic Society (WALS), former board member of West Africa Democracy Radio (Dakar, Senegal), and recipient of various academic and professional awards, he has published many papers and journal articles in local and international scientific journals in the area of Human Language Technology (HLT) and he is very much sought after as a speaker in local and international conferences. An accomplished performing musician and a former national athlete, he is married with three children.
Date: October 19 – 20, 2021
Venue: Virtual
Fee: ₦50,000 Per Participant
Registration: bit.ly/CIBNAnalytics
While the details of the program are contained in the attached flier, contact Abiodun on 07061004819 / abiodunadeniran@cibng.org for further enquiries.
First, there is a necessity for fiscal probity. Fiscal deficits cannot continue indefinitely without severely weakening the country. This is because a deficit can precipitate a debt crisis in the long run. Debts can also induce huge interest obligations that can threaten sustainability. No doubt, there are episodes of stagnation or economic crisis in which deficit spending by the government makes sense. Enough deficit spending can stimulate consumption and/or investment until economic growth becomes self-sustaining. But the government should allow deficits to become entitlements by allowing them to grow excessively. We should remember that they need to be funded and monetized, which can lead to spiral inflation. If not, they can cause interest rates to rise, crowding out private domestic investment, and accumulate foreign debt. In the long run, spending beyond the country’s means is imprudent. Likewise, taxes should be somewhat redistributive and discourage excessive consumption. It shouldn’t just be an avenue for generating revenue, but rather a fiscal policy tool for redirecting or stimulating the economy.
These are both crucial to economic growth and invariably, development. Countries that save more and invest more grow e.g Japan, Singapore, and China. Countries that also do not invest in human and physical capital cannot achieve sustainable growth and development.
So having some sort of policy, institutions, incentives, or cultural bias that encourages savings is key for Nigeria. Singapore’s Central Provident Fund is a model that Nigeria should consider adopting. Of course, it is possible to attract foreign savings and fund investment. That is what the United States has been doing over the past three decades. But in the long run, domestic savings is obviously preferable to foreign savings – for several reasons. Debt service is denominated in domestic currency and relatively less connected to exchange rates. And Nigeria would not have to sell her domestic assets to foreigners to obtain the savings, thus depleting the wealth on which future generations must rely.
Consumption meets present needs; savings meet future needs. Nigeria must strive to balance the two. The costs of excess consumption are hidden for the moment but will eventually reveal themselves. Before then, Nigeria needs to adjust – she needs to find the motivation to save – if she is to move out of her present predicament.
Sound microeconomic policies – in today’s world, liberalization (sometimes) is necessary to facilitate growth. By liberalization, I mean the removal of barriers to trade and foreign investment, an exchange rate policy that follows the market, and eventually, privatizations of potentially competitive assets. For sure, restrictions can (and did) work for a time. But in every case, Nigeria matures and as the global economy develops, such restrictions may result in distortions, and as such must give way. Labour market flexibility – Nigeria has a relatively restricted labour market with some measure of restrictions on hiring and firing (expatriates), a low minimum wage, and severely large unemployment insurance (pension liabilities from the old scheme). This is one of Nigeria’s weaknesses as a country. What she has today, which must be addressed with a high sense of urgency, are elaborate work rules and labour market rigidities that hampers productivity, prevents firms from structurally adjusting, and driving up labour costs (mostly in highly specialized professions or skills).
Nigeria must prudently manage its resources. For years now, revenue from oil-fueled imprudent government spending invariably contributed to corruption. The presence of such valuable assets or natural resources, moreover, tends to support the country’s overvalued currency. As government spending fuel inflation and price rise, her non-resource exports have become less competitive – the so-called Dutch disease. Nigeria needs to manage such wealth by putting in place a sound set of institutional controls to keep the rents from distorting all other elements of the economy – sometimes like an oil stabilization fund.
Inequitable income distribution also seems to be holding back Nigeria’s economic progress and certainly weakening her social structure. The country must address her severely imbalanced distribution of income. Not doing so will cause more social frictions as a large segment of her population will be left without purchasing power and this will continue to undermine the potential for growth. Poor governance, lack of social infrastructure, low quality social services among several others should be address as they all seem to cause poverty and hurt income distribution.
The country must also address its huge current account deficit. It must embark on aggressive structural transformation and import substitution policies. As a matter of urgency, we must work hard to reduce our dependence on imports while at the same time engage in export promotion. Failure to do so with a sense of urgency will worsen our current account balances as the years go by. In the short run, Nigeria will continue being a consumer, rather than a producing country. Conversely, to grow, she will have to continue borrowing from other countries or multilateral agencies by selling its assets and incurring more and more debt in the long run.
This asymmetry, while unfairly burdening the future generation, cannot continue indefinitely. Sooner or later, either the exchange rate will adjust or some creditor countries/institutions will lose their nerve. When such happens, a severe adjustment will unfold – undermining the standard of living in the country and causing severe unemployment and deep recessions.
Strong Monetary Authority (Central Bank) – The Nigerian government must ensure that the country’s central bank isn’t just strong, but also independent. This is necessary for noninflationary growth. The central bank needs to provide adequate liquidity for growth but must not provide excessive liquidity, or prices will (continue to) rise. For the fact that inflation is disastrous, she must ensure that it is properly managed. Failure to do so will further drive up interest rates and weaken the Naira.
If the Nigerian government continue to allow excessive deficits, then the country is failing. if the courts or judiciary allow organized crime to thrive or rampant corruption to go unpunished, again the country will be failing. But when government agencies encourage savings or contain inflation or reinvest resource rents, then the state will be on the path of competitiveness. When health care is effectively managed, or poor people are educated, then the government would be creating the institutions necessary to engender sustainable economic growth and national competitiveness. Nigeria must transform itself into a capable state by doing away with what organizational sociologists refer to as isomorphic mimicry as well as premature load-bearing. Our policymakers must stop conflating development forms with functions – that is, presuming that what development looks like largely determines what they do.
these are essential. If Nigeria cannot guarantee private property, its protection and the right to exchange it, the development of a working market economy will at best be slow and invariably affect her competitiveness. The absence of secured property rights, a constitutional legal system, and enforceable contracts will make the country uncompetitive and development impossible. Markets work, and contribute to growth, only within a secure legal framework, which the government must provide.
Although the fundamental structures in the economy have been changing, production resources have been a decisive determinant of national competitiveness. Production resources in Nigeria remain short and low quality. In other words, the supply of inputs for the economy is insufficient in both quantity and quality such as lack of skilled labour, poor infrastructure (transport and electricity supply), and barrier of capital resources. Therefore, some measures are needed to fulfil production resources shortages in Nigeria in the coming years.
The quality and cost of human resources are the defining characteristics of national development. Human resources must not only be efficient but also innovative and dynamic to proactively meet the continuous changes required by an ever more competitive marketplace. The basic skills possessed by human resources need to be further channelled into more specialized areas so as to fulfil specific tasks which require technical skills. The competitive supply of certain products and services require properly trained human resources, and efforts at maintaining a top-class vocational and higher education system are important components of the country’s competitiveness.
This can be achieved by simplifying regulations to eliminate bottlenecks, outdated laws and regulations as well as redundancies. Likewise, the underlying objectives of policies should be outlined before development through collaboration and stakeholder engagement – engage subject matter experts where necessary. The government should regularly undertake deliberate and focused fora to evaluate policy performance objectives and milestones achievement o Improve competitive rankings/assessments for Foreign Direct Investment (FDI) attraction and human capital.
Nigeria needs to continually develop short – to – long term plans with clear objectives where different levels of ownership and accountability are well defined, the country’s comparative advantage and exploit opportunities identified. Likewise, the required resources (human & capital) must be identified. Also important is to ascertain competitors, cost of production, customers for export trade. The country should also put in place a well-defined performance monitoring and measurement framework and milestones as well as process checks and controls in the public sector. All uncertainties around policies must be addressed so that the economy is made more attractive for foreign investment.
Nigeria government should (must) leverage private and public sector partnerships (PPP) to share risk and increase business productivity, and at the same time restructure relevant governmental agencies to improve efficiency/decision-making.
In conclusion, Nigeria must create and foster all the crucial institutions that facilitate sustainable economic growth and prosperity. Trade policy, saving incentives, a financial environment conducive to investment, good governance, equitable income distribution, and the absence of crime and corruption are just a few of the institutional conditions that those in government must create and sustain. Taken together, these policies will amount to a national strategy, and the institutions will invariably create the necessary organizational structure required to translate the strategy into results.
The proposed economic strategy should answer the following questions should be asked:
o What is the unique competitive position of the country, given her location, legacy, endowments and potential strengths?
o What is our national value proposition?
o What role can Nigeria play in African Continent?
o What are the key strengths that we can build on?
o What weaknesses must be addressed to achieve parity with peer country?
Providing sincere and adequate answers to the foregoing questions is an essential requirement for the development of a National Economic Strategy that will pave the way for Nigeria to achieve a tremendous and optimum level of growth and socio-economic prosperity. As it is today, Nigeria needs an overall strategic framework, and not just lists of aspirations and weaknesses if she must systematically navigate her way out of her macroeconomic crisis.
Last night veteran Actor Yemi Shodimu led a majorly talented cast of young actors to deliver on the promise of Aremu.
Aremu is the seminal work written and Directed by influential Prof Ahmed Yerim and produced by Joseph Edgar publisher of Thealvinreport
The play was being sponsored by a huge number of sponsors including First Bank, Wema Bank, Platform Capital, and Timekeepers to mention a few.
See some of the images from the sold-out production
















LifeStyle18 is a block of hotel and short-let apartments, equipped with 18
tastefully furnished living quarters – 1 & 2 bedroom apartments, poised to take
over the face of the hospitality arena in the Lekki area of Lagos. These apartments
have been designed to serve the lifestyle needs of holidaymakers,
family getaways, movie shoots, honeymooners, etc.
To make the lodging experience more comfortable, each apartment boasts of:
49’’ LED televisions in the living rooms;
43’’ LED televisions in the bedrooms;
An impressive selection of cable network channels, with soccer channels, for your
viewing pleasure;
Wi-Fi;
Netflix;
Tastefully made and comfortable couches;
Fitted kitchens;
Security;
Constant water supply;
24hr power etc.
Treadmills in select apartments
Glam-UP Salon

Glam-UP Salon is designed to identify the uniqueness in each woman AND accentuate this quality. This is borne out of the consciousness that every woman is beautiful in a unique way. Ours is to ensure that YOU will always be happy, and more glamorous each time you patronize our Glam-UP salon. The Glam-UP Salon offers the following services to women: Pedicure
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Skyline Spa

Skyline Spa offers a wide range of fantastic skin care and dermatological solutions from
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LS 18 (Lounge & Grill)
LS 18 (Lounge & Grill) is the rooftop lounge (outdoor and indoor). The all-white décor of the
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LS 18 (Lounge & Grill)

Lifestyle18 | 05
LS 18 (Lounge & Grill) is the rooftop lounge (outdoor and indoor). The all-white décor of the
outdoor space gives you the feel of pure bliss and ecstasy. One also has a picturesque view of the
skyline, as well as an exciting view of part of the Lagos metropolis from this spot. The night view
is simply breath-taking! You will truly get the feel of the lifestyle you have always desired at LifeStyle 18.
Madiba Court
This features 2 blocks of 3-bedroom apartments per block, with the rooms
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Hotel Madiba
Hotel Madiba is a hotel strategically located in Ikate Elegushi, Lekki. The
hotel boasts of state-of-the-art furniture, artwork, fittings etc. Hotel
Madiba guarantees 24-hour power, 24-hour security, cable TV, Netflix, free
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It is unsurprising that, there is a consensus of opinion amongst Nigerians cutting across ethnic, religious, and political platforms that it is the improvement on the electioneering process that helped largely in restoring the interests and most probably faith of most Nigerians in the fidelity of the political process.
But disappointingly most of the electoral reforms made in order to restore the confidence of Nigerians in democracy by the duo of Yar’adua and Jonathan are being eroded by the egregious and outrageous acts of bastardization of the electoral system by the current regime via this latest assault on democracy reflected by the reported goading of APC legislators to vote against re-transmission of election results.
Even INEC has categorically stated that it can transmit results electronically nationwide and with veritable proof of having done so during previous electioneering processes, yet the legislators of the ruling party who voted according to party dictates, choose to impose their own alternative reality on hapless Nigerians.
It won’t surprise me if the two PDP senators who voted on the side of the 50 ruling party senators and the 28 PDP lawmakers that excused themselves from voting might have been influenced by the need to selfishly protect themselves by not being antagonistic to the ruling party so that their ‘sins’ may be forgiven if they feel compelled to cross carpet -especially those of them that have pending cases of alleged fraud in EFCC or the law courts.
Even as the wheels of democracy are getting unhinged worldwide, with the grand norms of the concept of government of the people, by the people and for the people, supposedly in practice in our country, now increasingly looking like the government of the powerful, wily, and rich (Aristocracy), l hasten to point out that political musical chairs in politics are not anathema in Nigeria’s political environment.
That is because it has been with us since the imposition of the Western governance system by Britain, our colonizer.
The assertion above derives from the fact that there are historical accounts of defections in the western house of assembly, between NCNC, AG, UPN, triggered by political gladiators like Awolowo and Azikiwe, S.L. Akinsola, etc. The ugly consequences of the defections are poignant reminders of the firestorms of the past characterized by the infamous ‘wetie’ episodes in the politically conscious and highly volatile western region.
Unfortunately, the ideological differences anchored on good conscience that was the driving force of politics in the days of yore have now been replaced with, ethnicity, religiosity, and what is now popularly referred to as ‘stomach infrastructure’ in Nigerian political space.
To be frank, it is very curious, perplexing, and inexplicable that
as opposed to meeting its obligations or social contract by keeping to its campaign promises, the APC is a party under whose watch our country has witnessed the worsening (in multiple folds) of the crisis that it promised to end or reduce if given the opportunity to call the shots in Aso Rock Villa, yet it is dominating the political space. No matter how spin doctors try, it is trite to state that under the watch of the APC, our dear country has recorded the worst indices in human development. These range from the unprecedented level
of insecurity, validated by the fact that UNICEF has reported that over 1000 school children have been kidnapped for ransom from their schools since December this year till date and the economic doldrums that the nation is now caught in is also confirmed by the world bank narrative that our country is passing through its worst unemployment crisis.
Before the current sordid situation that has cropped up in the past decade or so, school children had never been kidnapped for ransom in our country and unemployment has never been at 33%. But since the abduction of Chibok schoolgirls in 2014 under the watch of the immediate past regime, stealing kids from their school dormitories is fast assuming the dimension of a pandemic.
In Kaduna state alone, in a period of about six months, which is January till June, the authorities reported that lives in excess of 500 have been violently extinguished due to acts of violence either by religious insurgents, bandits, or herdsmen.
Unarguably, no calamity of the current magnitude has befallen Nigerians before. Not even during the civil war period spanning 1967-70 ( except the catastrophic effect of hunger and starvation suffered by the Igbos in the eastern region, the theatre of the war) did Nigerians become so impoverished and hopeless.
Not the dark period of queuing up for ‘essential commodities ’ between 1983-85 arising from the sanctions slammed on the country by some Western countries as a reprimand for human rights violations by the military government in power at that time.
My friend and Thisday newspaper columnist, Dele momodu shared the following frightening data in his opinion piece of Saturday 24th July titled: “Is The President Aware That Time Is Going”
He wrote:
“In June alone, it was reported by Daily Trust that over 1,000 lives were wasted in Nigeria while Zamfara, Kebbi, and the Niger States topped the charts! North West had 416 deaths, North Central 218 deaths, North East 188 deaths, South East 117 deaths, South West 74 deaths, and South-South 18 deaths, all from violent attacks!!
If the data that momodu sourced from Daily Trust is correct, and l have no doubt about its veracity, Nigeria is practically currently going through a civil war, albeit a low tension one between state and non-state actors.
And the conclusion above is based on the International Peace Research Institute, Oslo’s armed conflict dataset, which defines a civil war as an internal or internationalized internal conflict with at least 1000 deaths a year. Based on the criteria above, our country qualifies to be regarded as being in a civil war because, 1000 people are said to have been killed in the month of June alone, not six months or one year which is the Oslo armed conflict dataset rule. Given the grim statistics above, is it not absurd that the party that led our country into a low-tension war is attracting members like bees to honey? The beeline that politicians in Nigeria are making to the ruling party reminds me of the story of how South Americans catch monkeys. They entrap them by placing a banana in a transparent bottle to attract the monkey that tries to fetch it and its paws get trapped in the bottle’s neck.
Since due to greed, the monkey would not let go of the banana in the bottle which could have enabled the primate to withdraw its hands from the bottle, it remains trapped until the people who set the trap arrive to catch the monkey. The APC is entrapping opposition with their irresistible offer that they would be shielded them from persecution by joining the party after satiating their greed through dipping their hands into public vaults at the expense of the masses. With accountability and integrity being denigrated, do we need further evidence to demonstrate that democracy is on a slippery slope in our beloved country?
In light of the scenario above, the defections from the opposition parties to the ruling party are clearly a study of absurdity.
For the politicians who may not have been spurred by the much-vaunted and acclaimed credo of the ruling party that if you defect to the APC you undergo an automatic transfiguration into a saint, the anxiety about the next job that they would be doing after the current political office may also be a strong motivation.
As most of the political actors are approaching the end of their tenure in 2023, they may be conscious that the APC is determined to cancel out other parties and their members. This is evidenced by the very deliberative and strategic manner that they are repositioning the party into a stronger, bigger, and better platform. It is doing so by dissolving the beleaguered National Executive Committee led by former Edo state governor and foremost labor leader, Adam’s Oshiomole and replacing it with Mai Mala Buni led Caretaker Committee and at the same time embarking on a new membership drive as well as consistently postponing the party convention.
Apparently, the current leadership of the APC is smart enough to figure out that if they are not sensitive to or mindful of the interest of the five legacy parties, a meltdown or implosion of the party may occur. That is what happened to the former ruling party, PDP that lacked the dexterity at that time to put its house in order before the 2015 elections, hence it was defeated. So what the Caretaker Committee of the APC is doing is restructuring the party so that it would survive the predicted implosion due to the inherent incongruities in the party.
It is such an irony that if a similar approach of restructuring of the political system by Aso Rock Villa had been carried out in the past six (6) years of rulership of Nigeria by the APC, our country would not be on the brinks of collapse in light of the present preponderance of agitations for a breakaway by multiple ethnic nationalities in the federation to form their own countries.
Thus far, the leadership in Aso Rock Villa, which given the dexterous manner in which they are managing the fragility of the APC, apparently is not oblivious of what is troubling Nigeria, appears to have been blindsided by primordial, ethic and religious sentiments hence it has been prevaricating in the past six years of being in the leadership saddle about fixing the nation before it unhinges.
While it is doubtless that the current dominance of the APC is in part underscored by its meticulous planning and forward-thinking that has so far saved it from implosion, the other reason for its dominance can be ascribed to its strong-arm tactics. And that is also reflective of the fact that contrary to the grand norm of democracy which is based on separation of power between the Executive, Legislative, and Judiciary arms of government, there has been a unification of the three arms that are supposed to be counterbalancing the activities of one another. We are all witnesses to how the three arms that should be Independent of each other are speaking with one voice.
So it is not only the dividing lines between the political parties via divergent ideological underpinnings that have become obliterated. The presidency, National Assembly, and the judiciary in Nigeria have also recently been blending, signaling that democracy is indeed on a slippery slope.
Having been encircled by the destructive aberrations in our current practice of democracy, the defecting governors must have reckoned that when their tenures end in 2023, they would be unable to win senate seats if they remain in opposition parties. Based on experience, the senate is always the preferred destination for outgoing governors. And in the event that they flunk senatorial elections, they would at worse have the option of being appointed ministers or gain lucrative board appointments if they are members of the ruling party. The fact that the current NASS and federal executive council are populated by former governors reinforces that line of thought. So in effect, the defectors are trading their conscience for future job opportunities.
And it is a product of the survival instincts of politicians which can be drilled down to stomach infrastructure, a hypothesis which the current works minister, and former governor of Lagos state, Babatunde Fashola is the proponent.
Another existential and inconvenient truth is that the defecting politicians are contending with what l would like to term mobility crisis. By that, l mean, what else could they do or have the ability to be doing outside of politic
Even the professionals such as successful bankers, lawyers, medical doctors, accountants, academicians, etc who abound in public offices where they are playing prominent roles, after leaving their professions to paddle their boats in the murky waters of politics, are unable to go back to their gilt-edged world in the private sector where rules and order are sacrosanct as opposed to the disorder and dog-eat-dog world of politics, to which they must have gotten accustomed.
That is the basic reason that the ranks of business people and professionals throwing their hats into the political rings is currently growing in what seems like geometric progression.
In other democracies, particularly in the politically matured and industrialized societies, politicians don’t face the type of mobility crises currently bedeviling Nigerian political tribes who seem to be unable to operate outside the political orbit. That is owed to the fact that they are yet to learn how to pivot from politics back into the private sphere. They can do that by drawing from the experience of their counterparts in the UK and USA from where Nigeria adopted both the parliamentary and presidential systems respectively.
My candid and free advice is that our politicians should apprise themselves of the fact that there exists a culture whereby former public office holders can transit to the academia and major corporations as board members or executives as is the case in the UK, USA, etc. That is apart from becoming lobbyists after the mandatory five (5) years cooling-off period after service as a lawmaker. Perhaps our lawmakers should invest the current energy being channeled into making so-called anti-hate speech and media gagging laws and well-blocking re-transmission of election results into creating a clear pathway for their transition from the public to the private sector when they leave office. They can do that by institutionalizing it via an act of parliament.
Take Larry Summers in the USA for instance. He is a former director of the National Economic Council under President Barrack Obama and former Treasury secretary during Bill Clinton’s presidency. Currently, he is back at Harvard University as a professor. In the UK, the former head of the Liberal Democratic Party, and ex-deputy prime minister of the UK, Nick Clegg has been hired by Facebook as its head of Global Policy and Communications. Similarly, George Osborne, former Uk chancellor of the Exchequer, who is the equivalent of finance minister in Nigeria, has also transited to being the Editor of the Evening Standard newspaper. Many more instances too numerous to list in this essay, abound.
Can anyone imagine Nigerian politicians accepting such roles, especially as newspaper editors? Yet, given the rate at which most people in Nigeria share news online, we all appear to be in love with journalism.
But most of us would consider mass media jobs as demeaning because of the poor remuneration.
Except, Akinwunmi Adesina who after serving as minister of Agriculture became the Managing Director of Africa Development Bank, ADB, and Ngozi Okonjo-lweala that is currently serving as the Director-General of the World Trade Organization, WTO after two stints as finance minister in Nigeria: not many, if any, ex Nigerian legislator is engaged in an executive or board role in any major corporation locally or internationally.
At best, most of them end up being contractors. And most importantly, for them to pivot from the public to the private sector, the politician must have been above board by exhibiting exemplary leadership. Such caliber of politicians is, unfortunately, a rarity in the present dispensation as most of them are compromised and unable to project noble ideals and principles.
So, as the lines between conservatism and progressiveness in politics is becoming more blurred in Nigeria, as did the three arms of government – Executive, Legislature and Judiciary fuse in orientation, the concept of democracy is being adulterated as well as threatened by the absence of correct ethos in the quality of politicians that have seized the space. That is the underpinning reason for the uptick in the number of political actors cross carpeting at the level of governors, senators, and House of Representatives members at the drop of a hat without qualms about the consequences of backlash from the electorate.
With such an astonishing level of absurdities in our political environment, the act of voting and the votes counting and reflecting the desire of the people, which is supposed to be the currency and lifeblood of democratic governance system, has become so malleable and susceptible to subversion, that leaders or rulers can now create their own alternative realities just to justify their actions and inactions in government.
It goes from the level of the sublime to the point of absurdity and even criminality. And a case in point is the National Communication Commission, NCC’s testimony under oath in the National Assembly, NASS that internet coverage in Nigeria is merely 50%.
Can lsa Patami, minister of communications and digital economy testify under oath to the claim that there is indeed not enough internet coverage in Nigeria to facilitate the electronic transfer of election results?
Must we always play politics with everything in Nigeria?
For the sake of transparency and objectivity, why were telephone and internet service providers such as GLO, MTN, Airtel, and 9Mobile not invited to also testify? After all, a combination of all the telecommunications firms is more active in the field than the regulatory agency.
But perhaps on the prompting of the ruling party, APC, the NCC did an about-face by contradicting itself about robust network coverage of the country by testifying that the nation suffers from poor network coverage to the extent the e-transmission of election results can’t be guaranteed. That is in tandem with the wisecrack: He who pays the piper dictates the tune.
lt is heart-wrenching that the barefaced lies aimed at pulling the wool over the eyes of the Nigerian electorate such as a similar false claim that Nigeria is safer and Nigerians are better off than they were six (6) years ago are some of the so-called alternative realities that the new age politicians are dishing out to Nigerian masses and thus putting democracy on a slippery slope and thus killing it little by more. Whereas politicians in the ruling party should be feeling a sense of guilt for having failed Nigerians woefully and apologize, they are engaging in barefaced subterfuge, and on top of it, the ruling party appears to be hell-bent on canceling out the other parties by dangling the carrot offer of: join the APC so that your ‘sins’ would be forgiven or remain in opposition and face constant harassment by law enforcement agencies or worst still, go to jail for offenses -real or contrived. While not being unmindful that party politics is not a tea party or like church or mosque affair where piety is a sine-qua-non, with purity and integrity being the currency, if the APC wants to enjoy the respect of Nigerian voters, it must rescind that obnoxious offer of forgiveness of ‘sins’.
It must not only mouth it, but it must also demonstrate that those in her fold who have run foul of the statutes are arraigned and not just eased out of office (which is the current practice) and those formerly in other parties crossing over to the ruling party in order to have their ‘sins’ forgiven, (which is currently the perception) must be seen to be facing the due process of law. That may not be the only way, but certainly, it is one way that the APC can have a home run that it is craving so badly to the extent that it seems ready to do all that it would take transparently or otherwise to achieve.
Allegedly, the vote against the transmission of election results electronically was presented to northern legislators as a southern agenda against the north thereby magnifying the alarming north-south divide. It is also believed as the necessary first steps towards the APC sustaining its hold on power at the center with a northerner as president after 2023 against all odds and whether the south likes on not.
It also informs the recent communique by southern governors comprising of both APC and PDP members that the presidency must return to the south upon the exit of president Buhari in 2023, which in more ways than one counteracts the alleged northern agenda.
Whether we like it or not, our country has become a theater for political cat and mouse games.
That unfortunate reality simply confirms that contrary to the title of that Chinua Achebe’s very incisive book titled“There Was A Country”, Nigeria was really never a country. It still is not, in the real sense of it. And that is despite the fact that there was an assemblage of three major ethnic nationalities-Igbo, Yoruba, and Hausa/Fulani by Fredrick Lugard, the colonialist who branded the country Nigeria over a millennium ago.
In my view, there can only truly be a country after all the nationalities come together with a truth and reconciliation agenda to tell each other inconvenient truths so that all of them can better understand each other in much more profound ways.
For far too long, the multifarious ethnic nationalities have been pretending to be comfortable with each other, whereas all we have been since the 1914 amalgamation and even after independence in 1960 is strange bedfellows that have never bonded like a team.
To put things in context, consider a football team comprising of players assembled from all over the world to represent a country in a World Cup tournament, but the players failed to bond as a team before participating in the tournament. Such a team would likely not win the trophy owing to a lack of cohesiveness and therefore without a common goal.
Like the imaginary football team described above, the Nigerian union has remained a project as opposed to being a country with shared goals for the progress and prosperity of all. Hence, after 106 years of being together, over 60 years after independence, and 51 years after an avoidable civil war, the ethnic and regional fault lines of the north-south divide are still being amplified. Evidently, the votes on the Petroleum Industry Bill, PIB which denied the oil/gas exploration host communities 5% and reduced it to 3% while awarding 30% of the profit from oil prospecting activities for oil exploration in the north, reflected the north-south dichotomy.
Where is the equity in all of these and where is the beauty of democracy which is always about horse-trading driven by the principle of giving and take? If the south wants XYZ and the north wants ABC, as politicians, they should find a common ground via negotiation.
It took Lee Quan Yew of Singapore to be the rallying force that propelled that country of several tiny islands into the first world, from the third world. A similar feat can be performed by president Buhari if he elects to become ethnic and religion-neutral and set an all-encompassing agenda for one Nigeria, not northern Nigeria or southern Nigeria. That is my prayer.
To accomplish that noble objective, it behooves president Buhari to hitch himself up, or raise his waning profile by being the proverbial knight in shining armor that saved democracy in Nigeria or blithe his legacy by being the undertaker for democracy in our beloved nation.
And l do not believe it is such a difficult decision for Mr president to make which is why l see light at the end of the dark tunnel.
Based on the rule of gravity, what goes up must come down. As such, the Hausa/Fulani may currently be on ascendancy courtesy of the appointments of members of President Buhari’s ethnic stock into strategic political and economic positions. But there is danger in such lopsidedness or what opponents refer to as nepotistic actions. That is because, when the eight (8) years, two (2) terms tenure expires, and power rotates to the next tribe, all the castles that had been built literarily would be pulled down by the next president so that his own tribesmen and women could also take over the commanding heights.
We have seen it happen after president Olusegun Obasanjo’s reign, 1999-2007 ended; and Goodluck Johnathan’s regime , 2010-2015 also expired when he lost the election to President Buhari.
Although, those presidents were also guilty of nepotism, but much less by comparison to the present situation, nevertheless, people from the tribes of the previous presidents have since fallen from the pole positions that they hitherto occupied under the watch of their kinsmen.
It may be recalled that pre-1966, the Igbos dominated both the public and private sectors of Nigeria including academia.
The agenda of dominance which they tried to consolidate with Nnamdi Azikiwe’s centralist or nationalist vision, reflected by his decision to be the Governor-General of Nigeria, instead of returning to his region as a premier, as did, Obafemi Awolowo, and Ahmadu Bello, is what attracted envy and the hate that culminated into the pogrom on the Igbos which was a precursor to the 1967-70 civil war.
So, as we are all well aware, kingdoms rise and fall over time. The rise of the British Empire is also a typical example.
Other crude reminders are the rise and fall of Oyo, Benin, and Kane-Borno kingdoms as well as Mali out of Nigeria in particular and Africa in general.
The bottom line is that the Hausa/Fulani that is favored today and dominating the commanding heights of political and economic spheres in Nigeria would almost certainly become victims tomorrow as the Igbos who dominated pre-independence up to 1966 (pre-coup) have learned the hard way as they are now grappling with being excluded from governance, which is a fall out of their former dominance, and a factor driving their unending secession inclinations.
One way that the political merry go round or turn-by-turn Nigeria ltd (apologies to lsa Funtua) would cease to be the character and texture of the political system in our country, is for political leaders to stop or moderate the pushing of the agenda of ethnic, religions or regional supremacy when they ascend the throne of leadership. I’m persuaded that the current winner takes it all attitude would certainly always lead our country further down the road to perdition.
Smart politicians don’t apply the principle of the majority carries the vote in the crude form that our legislators do when national interest is at stake.
For instance, Congress in the USA does not apply that principle in its raw form. Rather they apply a more sophisticated self-regulatory rule known as FlLLlBUSTER.
What this means is that unless 60 votes are cast in favor of a bill, the opposition with over 51 can filibuster and force the majority to negotiate. Just like the filibuster rule, upholding the letter and spirit of the federal character principle enshrined in the 1999 constitution is a critically important bulwark for guaranteeing the continuity of Nigeria as one country, one destiny, which was a creed that our forebears were so committed to. And it is a state of affairs that today, most Nigerians pretty much desire and see as a panacea to the crisis of disunity wracking the country. Hopefully, after the proposed truth and reconciliation conferences, we can all agree on how to come together to chart a common path that would enable the country to exit the current schism as a better-focused country with a set of goals for all the federating nationalities to set their eyes on, in order for all of us to become a people united in our determination and readiness to take on the world as one Nigeria.
ONYIBE, an entrepreneur, public policy analyst, author, development strategist, an alumnus of Fletcher School of Law and Diplomacy, Tufts University, Massachusetts, USA, and a former commissioner in Delta state government, sent this piece from Lagos.
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