The notion of politics as a game is as old as politics itself. As most of us already know, politics originated in ancient Greece with the philosopher Plato who wrote about the nature of justice, what constitutes good government and what is best for humanity.
Subsequently, another philosopher earned the title: father of politics when he elaborated on politics through his writings focused on citizenship and forms of government as well as constitutionalism, etc.
Somehow, the game of politics can be likened to Ludo which is a strategy board game for two to four players, aimed at one person defeating opponents by racing their token from start to finish after rolling the dice with a view to earning higher numbers in the bid to advance his/her token over and above other players in the game.
Like politics, Ludo is a game of tactics, strategies, probabilities, and counting. And like Ludo, politics is played by deploying all the aforementioned tools for winning in contests so that ultimately the fellow who scores the highest number at the polls, would finish ahead of competitors and thus win the contest.
Charles Chukwuma Soludo (an ex-university don and central bank governor) entered the Anambra state governorship race in 2021 with as many as 17 other contenders.
He was particularly pitched against three other very formidable competitors-Andy Uba, (political denizen)
Valentine Ozigbo,(high corporate world high flyer) and Ifeanyi Uba (business tycoon)with himself as the fourth in what looked like a game of Ludo as earlier described.
And after a hard-fought battle of tactical maneuvers, strategic deployment of resources to garner votes for himself, and counting the votes on election day, Soludo prevailed.
But the egghead and public policy wonk had previously failed in the game of politics in Anambra state.
It would be recalled that in 2009, after exiting the Central Bank of Nigeria, CBN where he had served as governor, (2004-2009) Soludo got into the murky waters of politics by joining the ruling party at the federal government level, Peoples Democratic Party, PDP.
Thereafter, he vied for the governorship of Anambra state in 2009 on the platform of PDP and failed to win against Peter Obi, then incumbent governor and the flag bearer of APGA.
Learning very quickly to dexterously play politics which is clearly like the game of Ludo, Soludo figured out that he was in the wrong party if his mission to govern Anambra state was to be accomplished. He then tactically switched platforms to APGA, the party where the political hearts and souls of Anambra people apparently reside.
The bond between APGA and Anambrarians, is in part, inspired by the spirit of the founder of the party, late Chukwuemeka Odimegwu Ojukwu, who is one of the greatest leaders from the east of the Niger, and perhaps the most charismatic personality of his time from Igbo land.
Given that Peter Obi who had served as a two-term governor of Anambra State on the platform of APGA, failed twice to determine who became the governor of the state when he switched to the PDP and fielded or backed candidates of his new party twice against his successor and former mentee, Willie Obiano flying the flag of APGA (pronounced, APUGA by Anambrarians) with Oseloka Obazee, defeated by Obiano in 2017 and Valentine Ozigbo again losing in 2021 to Soludo who is another APGA candidate, by now it might have dawned on most people that it is the platform of the party, in this case, APGA, that Anambra people vote for, not necessarily, the individuals.
That is most likely the underpinning reason for, Soludo, as an astute strategist, to review (with the aim of cracking the code) his first failed attempt at becoming the new occupant of governor’s mansion in the state capital, Awka, and got defeated by Peter Obi, also known as okute- rock in Igbo dialect.
Having figured out that the point at which he fell short is that he engaged in the contest on the platform of PDP which is the second-best party to the people of Anambra, Soludo quickly and tactically pivoted his political career into APGA by identifying with the party that is presumably Anambra’s preferred platform and evidently the numero uno for producing the state’s governors in nearly two decades.
Although he failed to win in APGA’s primary election the first time he made an attempt at clinching the ticket in 2013, he persevered until he finally succeeded in being APGA’s flag bearer in the 2021 gubernatorial contest.
And as the saying goes: the rest is now history as Soludo is currently the governor-elect of Anambra state and has duly received the certificate of return from INEC.
In an opinion piece titled: Anambra Elections: “When Losing Means Winning For APC” which l wrote and published widely in both traditional and new media platforms immediately after the 2017 gubernatorial elections that were won by Willie Obiano of APGA with Tony Nwoye of APC in the second position, ahead of PDP’s Oseloka Obazee, l highlighted the fact that electing APC candidate as Anambra state governor was an equivalent of the biblical metaphor of passing the camel’s head through the eye of the needle.
Since that theorem was propounded in 2017, the outcome of the 2021 election currently under scrutiny clearly indicates that nothing has changed significantly in Anambra politics.
Certainly, it took the man, Soludo a lot of gumption and chutzpah to doggedly pursue his dream of leading Anambra state in spite of the odds stacked against him that included escaping death by hair’s breadth which was an attempt by his political rivals to cow, intimidate and possibly scare him out of participating in the electioneering process. Apart from the naked act of intimidation against Soludo by merchants of death, the schism within APGA, allegedly fueled by the numerous conflicts between the outgoing governor, Obiano, and some foundation leaders of the party owing to some perceived irreconcilable differences bothering on his overbearing nature, was also a significant factor that militated against the emergence of Soludo as governor.
But the scaremongering conveyed via the shooting to death of three policemen attached to him during a town hall meeting was in futility as he had passed through such treacherous paths in the past, and came out triumphant, when he served as CBN governor and ruffled feathers by consolidating the number of banks whose number was over 100, post-consolidation, into less than 25, after the exercise.
As it may be recalled: “Soludo, Banking ls No Ludo,” is the comical title of a caustic opinion piece published in the mass media, denouncing Soludo’s sweeping reforms following the radical changes that he has made in the financial services sector targeted at consolidating the number of banks in Nigeria.
The highly abrasive essay aimed at generating public opprobrium towards Soludo as CBN governor was influenced by aggrieved stakeholders in the banking sector who were being compelled to merge or give up their banking licenses when the minimum share capital of banks was jacked up from N2b to N100b in compliance with Soludo’s new policy as head of the apex bank, CBN.
After defying and weathering the initial resistance by bankers and bank owners reflected by the uproar in the public arena, what seemed like an impossibility turned out to be the best thing that happened to Nigeria’s banking sector.
That is evidenced by the fact that banking is currently one of Nigeria’s greatest exports to Africa and indeed the world; spreading from west, central, and East Africa, to the Southern African region all the way to UAE, China, and even Europe as well as the USA.
This is in addition to the fact that the better-capitalized banks which have become the norm rather than the exception in Nigeria’s financial services landscape have become an effective antidote to the scourge of distress in the banking sector that was a sort of albatross on Nigerians who had huge sums of their hard-earned funds trapped in failed banks.
What the bold initiative of Soludo in the banking sector and the salutary outcome of his revolutionary policy signpost, is that he is a visionary, goal-getter, and high achiever.
And that is why there is ample confidence amongst the majority of Nigerians that the ex CBN governor is most likely to repeat the feat that he achieved as ‘governor of money when he assumes duty as the governor of the good people of Anambra state from March next year.
Such optimism being expressed by a broad spectrum of Nigerians is not misplaced because, the state is now like a new canvass for Soludo, (in a literary sense) to deploy his uncommon gift of socioeconomic, human, and material resource management as well as leadership wizardry that he dexterously applied in the banking sector, by painting his own equivalent of Mona Lisa, in Anambra state, (development-wise) as the legendary artist, Leonardo Da Vinci did, when he created the iconic Mona Lisa work of art.
As March 2022 beckons for Soludo to take over the mantle of leadership in Anambra state, it would not be surprising if another screaming headline in the media such as: “Soludo Governance Is No Ludo”, surfaces in parody, as he embarks on the new journey in the political leadership of a state.
But hopefully, as he did when he was the helmsman at the CBN by being a positive game-changer, perhaps before his first term in office as Anambra state governor runs out, Soludo whose penchant for making high impact changes in any endeavor that he engages in, may trigger a positive paradigm shift in governance at the state level in Nigeria.
So fingers are crossed.
If Soludo meets the high expectations that he has set in his numerous speeches and action, maybe more Soludos would sprout across the country to fill
the national political space as more professionals with proven track records of success in their chosen careers would become motivated to join the political fray.
Amongst the multiple positive developments in the political process in Nigeria’s democracy in the past 21 years that may be pulling more professionals into party politics, is the incremental improvements in the electioneering process leveraging technology.
It is indeed heartwarming that the application of technology in service delivery that has proven to be an efficacious tool against fraud in all its ramifications is slowly but surely being adopted by the Independent National Electoral Commission, INEC.
Initiatives such as the introduction of Permanent Voters Card, PVC, Bimodal Voter Accreditation System, BVAS and the new electoral amendment bill 2021 passed by the National Assembly, NASS authorizing electronic transmission of election results, (awaiting presidential assent) are some of the harbingers of higher integrity in the electoral process that may lure into party politics, more professionals who would have loved to serve, but lack the skills to handle the rough and tumble endemic in the political environment in Nigeria.
Two more clogs that need to be removed for further improvements in our political office election process are:
(1)votes buying which are increasing rather than abating nationwide, (but which was admirably shunned by Anambra women as evidenced by a video that was trending on the social media )
(2) the vice grip of the judiciary on the electioneering process as the onus of elected public office holders has inadvertently been shifting from the masses to the judges and their cohorts that keep rendering judgments that are at variance with the will of the electorate.
As our country continues to strive to deepen the democratic process with the introduction of the much sought internal democracy within the political parties, hopefully, the process of selecting candidates transparently would be less rancorous and acrimonious as winners and losers in both primary and main elections would be easily and transparently determined.
If the current positive evolution of politics in Nigeria persists and gathers momentum, the dirty aspects of the game of politics such as under-the-table deals packaged during nocturnal meetings to upturn popular decisions would ultimately be consigned to history.
And the welcome development of people of high integrity and accomplished professionals throwing their hats into the ring is already manifesting from Akwa Ibom to Edo, Anambra, and even Nasarawa states, where non-professional politicians have supplanted professional politicians. Those who recently got catapulted from the private sector into the role of governor without first of all serving in an active capacity in public office are Willie Obiano, Godwin Obaseki, Abdullahi Sule, and now Chukwuma Soludo amongst others who are currently in the saddle as governors of their respective states.
However, the jury is still out on whether or not there has been a difference in the performance of the aforementioned non-professional politicians in office compared to their predecessors that are professional politicians.
In that regard, all eyes are currently on Soludo to see if he would spur development or leapfrog the economy of Anambra state which has the potential of being Nigeria’s industrial hub, leveraging the bevy of industries in Awka and Nnewi axis of the state.
His scorecard after the first term in office would surely give insight into whether or not the entrant of non-professional politicians into political governance space in Nigeria would usher in prosperity for the critical mass of Nigerians, assuming they are able to convert the theories that they have been propounding into practice.
By the way, do folks realize who Soludo’s running mate is?
His name is Onyekachukwu Ibezim.
A medical doctor and the younger brother to the Archbishop, province of the Niger, and Bishop of Awka Diocese of the Anglican Church, Reverend, Alexander Ibezim.
In a state like Anambra where Christianity is a strong motivator for voting and bishops are deemed to be next to God, it is safe to conclude that it must be a combination of both the spirit of Odimegwu Ojukwu, the founder of APGA, and God’s grace that have made Chukwuma Soludo, governor.
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.
The conversation continues on Magnum.ng
leadership
THE DYMSTIFICATION OF THE MARKETING GURU – USMAN IMMANAH WEIGHS IN
Communications professionals will keep losing relevance in their own organizations or with clients if they can’t justify Budgets with Finacial returns. Non-financial returns are good( awareness, message reach, media pick up) but every Naira to be spent is an investment and every manager will look at the rate of return of every potential investment to make a decision to fund your budget or reject it. Most comms people struggle with justifying financial returns of their budget and will keep loosing relevance until we speak the executive language of returns on every spend. As a Kellogg Alum who took Marketing training from the school, Kellogg. I also struggled with this financial measurement of campaign results until I got to the School. The first training was Data-driven Marketing and the first word from the lecturer was “ if you can’t justify your marketing results with financial results, you are wasting money”. This was the change I needed. I will ask marketing Industry practitioners to embrace finance skills as part of needed marketing skills, this will help a great deal in making them relevant to the growth goal of their organization which mostly is financial. With these skills, we will be relevant at the strategy level( when a key decision of the organization is being made at the board level) not at the tactical level( where you just have to execute what has been planned out by the board), but you can’t climb up that ladder without the requisite Finance skills to complement the marketing and comms skill.
What is eNaira?
eNaira is a new digital version of the Naira released by the central bank in October 2021 to facilitate the digital economy in Nigeria under the watchful eye of the CBN. It is not crypto-currency, it is Naira but it is a digital account maintained in the CBN through your bank.
Who else has digital currency aside from Nigeria?
Most notably China implemented theirs in April 2020, European Central Bank is working on theirs while the US Federal Reserve is starting research on the digital dollar, in fact, 20% of the world countries by population are at different stages of implementing a national digital currency and I think it is commendable that Nigeria is not coming late to this party. I commend the CBN generally because even though they don’t often originate ideas, they are quick to implement global innovations that have been proven by other central banks, and Nigeria today is enjoying one of the most vibrant payment ecosystems in the world.
Is this a good idea?
In short, yes, it is a very good idea because it levels the playing field for new fintech innovations. Your eNaira is backed by the CBN itself rather than your bank, access to such money is centralized by the CBN, and that levels the playing field. The CBN is doing this probably to get ahead of the curve of payment evolution which can be uncontrollable as the volatility of bitcoin and other forms of digital money have shown recently.
What is the difference?
Today the banking system regulated by the CBN is old and based on very old ideas about money. Banks take deposits from the public and put up an array of assurances to ensure liquidity and access to the money they’ve taken. It’s a very big and complicated system that also depends on some global giants for easy access to money. When you deposit money in Nigeria and want to send it electronically which is increasing by the day, you have to use a card issued by a bank under a card scheme like VISA, MasterCard, or Verve. These networks are controlling electronic access to money in bank accounts around the world and enable you to spend your money anywhere anytime. You can deposit Naira in cash in Lagos and spend GBP in London or USD in New York on any currency online. This is made possible by the card schemes. Within Nigeria, you can use Verve but it may not work in all countries because that form of payment has not yet achieved global acceptance. It is in this area of digital access that eNaira plays, it bypasses your bank when it is time to access your money, you deal directly with the CBN behind the scenes. Your money is stored in CBN digitally and so can be more easily accessed. It won’t matter anymore which bank you deposited through, access is simple and even throughout Nigeria.
Why is that good?
The main benefit of eNaira is the innovation it will unleash. It is not immediately apparent upfront but once you have a national digital currency with the needed infrastructure, payment service providers have universal access through CBN to provide new innovations on payment technologies. Someone can do QR Codes that target the payer’s eNaira account. It becomes a universal wallet which can replace the current trend of each digital solution having its own wallet system. Everyone can just utilize the eNaira. eNaira can be the new mobile money like MPESA, a central store of value that can be securely accessed for making and receiving payments. It’s potentially a game-changer.
What are the benefits?
For fintech, it solves the problem of unequal access to deposited funds for the purpose of payments, they no longer need to go from bank to bank begging them to integrate, once CBN endorses their solution, it is over. For the CBN, It gives real-time visibility and control into payments and movement of money within the economy which can be analyzed for planning and national/international statistics. For consumers, it reduces the cost of transactions, it assures the safety of funds, and easy access to your money from an ever-increasing array of payment options. For the country, it could unleash more economic growth as payment becomes easier just like M-PESA did in Kenya.
Are there any risks?
Well, not much, you won’t lose your money by CBN folding up or becoming insolvent, that is not possible. The main risk is that of identity theft and it already exists with your card and internet banking today. I believe the eNaira will be more secure simply because it is being run by the CBN with almost endless resources and prosecutorial powers than your bank or card network who may be compromised by their own insiders. The trend of fraud in Nigeria today shows that bank and telco insiders are the biggest weaknesses of the payment system. The CBN will not cut corners on security since they’re not even profit-oriented. The other risk is too much security or lack of innovation by the CBN which may stifle the potential of the eNaira.
I woke up this morning to the breaking news of the emergence of Charles Soludo of APGA as the eventual winner of the Anambra State Gubernatorial elections. Although not yet official, it has become very obvious that barring any mischief from INEC which is not expected, he would be officially crowned as the next Executive Governor of that wonderful state.
This election in particular has shown me that we can indeed have a new Nigeria. From the campaigns at least closer to the elections, we saw a matured and determined electorate who is tired of the rolly polly nature of the system decided to use their votes as a veritable weapon of change.
We saw videos of women refusing to sell their votes, we witnessed very incisive and decidedly deep debates and we saw candidates who by their very essence and outlook would not stoop low to the shenanigans of the average politician.
It is indeed to the eternal gratitude of the candidates especially the eventual winner Dr. Soludo and young but visionary Valentine that we must lay the maturity that enveloped the whole exercise on. I do not see any of these two agreeing to the underhand practices like vote-buying, stealing of ballot boxes, and the violence that usually accompanies these things.
What this tells us is the need to devise a system that would throw up credible candidates and not ‘jobmen’, who would do anything it takes to emerge and thereafter go on a joyride at the expense of the people.
Prof Soludo has a very rich and experienced pedigree. His stints at the Central Bank are still well talked about. His clarity as to the economic issues that affect not only his state but the Nation is well documented and we expect his voice at the Centre to be really loud.
Anambra is the economic capital of the South East, his tenure should see a revival of sorts in the economy of the state and an engagement of the economic forces in a bid to empower and engage the people thereby redirecting the energies currently thrown at violence and other such anti-state activities into a palpable force for justice and empowerment.
Observers like the author although would have preferred a much younger Valentine who although inexperienced in the ways of the public sector would have been in a better position to galvanize private wealth and resources towards remodeling the traditionally very vibrant economic structures of the state into a major force.
Soludo is not such a far-off alternative. The risk of being aloof and too theoretical in engagement especially with a community that may not mostly rise to his level of intellectualism being a possible threat still does not deter the optimism that comes with this win.
Let me at this point also commend INEC for a job well-done, the Federal Government by extension for superintending this almost perfect exercise, Anambrarians for showing courage, and Nigerians for witnessing this.
Some people have said, this is a precursor to the general elections and we pray that it is truly a precursor for nothing would be more exciting than a general election that mirrors what just happened in Anambra.
God is on the throne.
Brain circulation a probable panacea
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.
GROUND HANDLING RATES & NG EAGLES: STOP THE INTERFERENCE
The media has been awash with the concurrent orders to Nigeria Civil Aviation Authority (NCAA) from the House of Representatives committee on aviation, chaired by Hon. Nnolim Nnaji asked the regulator to suspend recently approved ground handling rates and the issuance of an Air Operating Certificate (AOC) to NG Eagle a new airline promoted by the Asset Management Company of Nigeria (AMCON). Not to be outdone, the Senate Committee chairman Senator Smart Adeyemi using his personal letterhead also hurriedly issued the same order suspending the issuance of AOC to the new airline.
The House of Representatives Committee on Aviation gave the directive in Abuja following a petition jointly addressed to the Chairman, Honourable Nnolim Nnaji by the Association of Nigerian Aviation Professionals, (ANAP) and the Federal Airports Authority of Nigeria, (FAAN) branch of the National Union of Pensioners, (NUP), AMCON according to the petitioners has acquired Arik Air properties and decided to change the name to Nigeria Eagle Airline to evade payment of the monumental debts owed to all the aviation agencies. They, (Petitioners) further alleged that AMCON has changed the livery on Arik Air aircraft to Nigeria Eagle Airline which showed that it has fully acquired Arik Air assets but wanted to abdicate its liabilities through a name change. ANAP and NUP affirmed that they were petitioning the committee to restrict NCAA from issuing AOC to Nigeria Eagle Airline to avoid a repeat of what happened in the case of Bellview Airlines which transformed to First Nation Airways and the aviation agencies ended up losing billions of naira owed by the defunct Bellview Airlines.
On the order suspending the new ground handling rates, the house claimed the decision was based on complaints made to them by some airline operators and airlines operating into Nigeria, I was taken aback that the operators and airlines who run to the media to praise the NCAA to high heavens go behind to report them to the legislators rather than seek audience with the NCAA and relevant parties while a union who has no stake or membership in Arik airline has suddenly developed love and protection of publicly owned aviation bodies. It is a season of absurdities.
Yes, Arik owes staff and government agencies just like other troubled airlines that have shut down or are limping while appealing and accepting public funds. The House did not order the NCAA not to renew their AOC neither did ANAP send any petition in the public’s interest. The airlines owing aviation agencies should naturally not benefit from the covid largesse, yet Ibom Air that is not owing any agency was denied and debtor airlines benefitted during this period to support their operation. The Senate and House committees deliberately went to slumber here. Arik’s debts piled up before the intervention of AMCON, debts have not been added to that pile from the time AMCON came in up until now. There is no possibility under the sun that FAAN and other agencies will get all that money running into billions of naira because that money is not coming soon, the worst that can be done is to liquidate Arik.
Nigeria needs to get to the point where it’s possible to recover debts in all manner of cases. There’s been an increase in debt collection services, but they don’t seem to have any power unless of course, you are AMCON. The matters are for the courts, and I believe there are some resolved and unresolved court actions for AMCON to have repossessed those aircraft from Arik in the first place. If Arik, ANAP, or the House Committee wanted to petition, they should have done it at the newspaper publication stage of the Air Transport License application process, which is normal, and ICAO or any potential investors will not find anything wrong with a court order or action but not with political interference because National Assembly is not a court.
We need to protect that institution called NCAA, its oversight function and responsibilities must not be impeded. Tomorrow an airline may fail the process of issuance of AOC by the NCAA and the organization will run to the House committee to issue an order reversing it. Where does it leave our cherished safety accolades? However, debt collection is not in the purview of the NCAA, though they recently put a system in place, where operators get financial clearance certificates before a letter of request is received from them. This will mean that in the books of the NCAA and other agencies, NG Eagle has no debt or encumbrances.
NG Eagles right is unfairly breached here, having complied with mandatory checks, and going through the rigorous four-stage procedure only to be denied or suspended at the fifth and final stage. The regulator is in gross violation of these rights and processes and should make amends
AMCON did well by setting up a company to manage its recovered assets from toxic loans and deals. Finance houses do the same, that’s where we get auctioned houses, cars, aircraft, etc. if not an outright purchase. What AMCON, a government agency is doing may be strange to many but not wrong. It’s proactive for a Nigerian entity to have a businesslike attitude and it needs to be applauded. They operate the planes and do not give orders that do not pay. If the law did not stop them, then they are good to go.
Three Boeing 737 aircraft meant to kick start the operations have been parked for about 18 months waiting for the coveted AOC but unfortunately enmeshed in the high wired political play while the industry and country is losing revenue and jobs that should have been created just because some people have their personal agenda coated as national agenda. It’s time to wake up and stop this drift. I also do not support the call by NUATE a union in the industry asking the Presidency to intervene. We will just compound issues now and in the future when such interventions are accepted. The body language of the Honourable Minister of aviation permeates the agency heads when handling aviation issues irrespective of their management position considering they all lack a supervising board that can protect them.
I want to commend Sen. Ibn Na’Allah for his bold and courageous apology to the industry and Nigerians on behalf of the Senate Committee on Aviation at the 50th AGM of the National Air Traffic Controllers Association Meeting in Abuja last month. He said the committee was misled on his directives to the NCAA to suspend the issuance of AOC to NG Eagle, stating very clearly that the Senate does not wish to interfere with the statutory functions of the NCAA. Instead of towing the same line, the House Committee hurriedly called for a closed setting, a clear departure from the norm where industry players are called to an open hearing. This is face-saving and meant to divert the huge outcry from industry players. The directive given to AMCON to draw a structured plan of paying Arik’s liability at that closed meeting is within their legislative rights but it’s not in their purview to suspend the issuance of AOC. It is critically related to safety, and they should not cross the LINE.
The AOC order from the House Committee is coming at the backdrop of a similar order to the NCAA asking them to suspend the implementation of the new ground handling tariff, which is coming 33 years after the last tariff approval, without asking questions or calling all parties to the table. The ground handler has called off the proposed strike which is noble and saves the industry from unnecessary distortions while negotiations are ongoing to resolve the impasse.
I also plead with the ground handlers to take the strike option off the table for now and enter dialogue with the airlines using the ICAO recommended procedure of Cost Recovery, Wider Consultation, Non-Discriminatory Pricing, and Corporate Integrity in negotiating with all parties. Also, due to the covid pandemic and its effect on aviation a discounted and gradual implementation of the new tariff will not be a bad idea for the ground handlers to consider.
As is often the case, grief is the direct consequence of the failure of duty of care compounded by mendacity and incompetence.
Subversive neglect and/or outright negligence would escalate matters beyond toxic combination to fatal and irrevocable injury.
In a few days (7th November 2021) two King’s College families – namely our revered former Acting Principal (Headmaster) Mr. Feniobu Iroloye Ajumogobia and the Cerebral Professor Claude Ake will reflect on the profoundly clinical evidence of Justice Charles Archibong (Retd) (ex-St. Gregory’s College, Obalende).
“On 7th November 1996, a Boeing 727 aircraft, registration number 5N BBG with 144 passengers and crew onboard operating Flight 086, took off from Port Harcourt at 3.52 p.m. local time bound for Lagos. The aircraft and flight services were those of Aviation Development Company Plc (ADC), a publicly quoted Nigerian company.
In the process of clearing the ADC aircraft for its descent into Lagos, an air traffic controller who controlled and separated air traffic set the ADC aircraft on a collision course with another aircraft. That aircraft was a Triax Boeing 727 operating flight
TIX 185 which just departed from Lagos heading to Enugu.
The ADC aircraft plunged into the Lagoon at Ejirin, near Epe, killing all 144 passengers on board (including Mr. Ajumogobia and Professor Ake).”
After the crash, the Minister of Aviation ordered the grounding of all ADC aircraft and suspension of its operations. He also ordered an investigation into the cause of the accident.”
That was twenty-five years ago but the grief, nightmare, shock, and mourning ensured remained fresh and galling. If I remember rightly the Chief Investigator was Cudjoe Sagoe (ex-Igbobi College, Lagos and Imperial College, London).
By way of digression, Cudjoe died relatively young. Matters were not helped by the fact when he returned to Nigeria with an MSc in Aeronautical Engineering, he joined the Nigerian Federal Aviation Authority (now known as Federal Aviation Authority of Nigeria) only to find himself in the invidious situation whereby he (from Lagos State) had to report to a boss with inferior qualification but who was from a favored part of the nation.
Even more grievous was the case of Bestman, who was a classmate of Cudjoe. His score in the final Bsc exam in Aeronautical Engineering was 100 percent. The examiners could not believe what they had witnessed. So they made him repeat the examination in the full glare of several professors. He scored 100 percent again. For the first time in the history of Imperial College, Bestman bypassed Msc and went directly to the Ph.D. course. He finished it in record time. Out of panic, he was sent off to British Aerospace in Bristol where he again astonished them with his brilliance. It was the same story when he was sent off to Australia to lecture in rocket science.
Suddenly, he caught the fever of patriotism and returned to Nigeria. He ended up at the Rivers State Institute of Technology, Port Harcourt. He apparently perished in grief, frustration, and penury. All things bright and beautiful, Nigeria devours or destroys them all !!
Back to the judgment delivered by Justice Charles Archibong on 10 November 2009 (thirteen years after the crash):
“…………………………in the circumstances that led to the crash of the ADC 727 5N BBG Flight 086, I found that the authorities (the agencies of government directly concerned) i.e. all the defendants bar the first defendant (unnamed Mr. X), failed severally in the discharge of their statutory duties, including the failure to release promptly the report of the panel appointed to investigate the causes of the crash. The delay compounded the negligence that contributed to that tragic accident. I found the failure by the Federal Ministry of Aviation and the Federal Government of Nigeria to release the panel’s report promptly after it had been completed to be negligent in the extreme and reckless, and it was irresponsible and they were culpable as a result.”
CNN’s incredibly versatile and energetic Richard Quest who combines his interest in aviation matters with stock exchange/corporate issues has been on the case. Look out for the riveting expose:
“During that interval (thirteen years), the airline died.
Before this tragic crash, the company had been planning a major expansion program. Deposits in United States dollars had been made on aircraft. Negotiations by the Chairman of the Company, Captain Augustine Okon with the aircraft leasing company in Florida, USA had to be abandoned once the crash occurred. The leasing company refused to refund the deposit. That formed the basis of court action in the United States. Scheduled “D” checks for aircraft could not go ahead as planned – no revenue. Planned re-capitalization was aborted. There were staff redundancies. Leases and loans from various banks could not be serviced when they fell due. There was a loss of cargo revenue as well. Because aircraft could no longer be serviced due to the inability to continue the mandatory checks on aircraft, the company had to ground its aircraft long before the end of its economic life. Insurance premiums skyrocketed due to assessed higher risks. The company’s share price plummeted. Losses, losses, losses.
Mr. Feniobu Iroloye Ajumogobia:
Feniobu Iroloye Ajumogobia was born Macaulay Frank Bestman, to Chief Amakiri Bestman and Madam Membereba Orubibi on 9th January 1914 in Abonnema. His father, also known as Ajumogobiaye Amakiri was the 1st son of Chief Bestman Ajumogobia Briggs from Kalabari Old Shipping, one of the 11 founding chiefs of Abonnema. His mother was a descendant of the Duweinala family who were amongst the founders of Kalabari.
He started school at Nyemoni Primary School, Abonnema in 1923 and went on to Government College Umuahia on 29th June 1930 where he completed his secondary education. It was here that he developed an interest in science, and as a student, he was appointed laboratory curator of the college. He left Government College in 1932 and went on to Yaba Higher College as a foundation student, where he studied Physics and Mathematics. It was at Yaba Higher College that he and some of his contemporaries such as Isaac Dagogo JohnBull (later Erekosima) and Horatio Briggs (later Tralapuye Oruwariye) first mooted the idea of adopting traditional family names. He changed his name to Feniobu Iroloye Ajumogobia in December 1950, a few months before his marriage to Florence Daisy Inetubo Wokoma, daughter of the late Rev. Canon A.M. Wokoma and Mrs. M.A. Wokoma.
On the completion of his studies at Higher College, he embarked upon what was to be a long and fulfilling career as a science teacher and educationist despite the strenuous efforts of his tutors to persuade him to do Medicine or Engineering, or one of the more prestigious and materially rewarding professions given his science background. He refused to be swayed, and often asserted that “Teaching is the poorest of trades, but the noblest of professions”. He was always proud to be referred to as a teacher. In his own words:
“I was sent from the Higher College, Yaba where I was pursuing the course for the Teachers Diploma (Physics & Mathematics) to Government College, Ibadan, in the last half of 1936, to learn to teach Mathematics under Mr. A.W.A. Spicer, a very effective teacher of the subject. I was posted to Edo College, Benin City in April 1937 to introduce science in the college, which had recently been established by the Nigerian Government. I was also to take charge of Mathematics in the college. Again, these experiences were most stimulating and rewarding.
I was transferred from Edo College to King’s College, Lagos in January 1939. I recall that I arrived in Lagos on 13th January 1939. I was at King’s College, Lagos from January 1939 to September 1944 and again from July 1949 to September 1957 making a total of fourteen years. From September 1944 to June 1949 I was on a Nigerian Government Scholarship in the United Kingdom to continue my study of Physics and Mathematics at degree level.
On arrival at King’s College Lagos, I was warmly received by my former science teacher, Mr. A.J. Carpenter, who had appointed me as the science laboratory curator at Government College, Umuahia. At the outbreak of the Second World War in 1939, Mr. Carpenter was called to the colors.
During my 14 years at King’s College, Lagos I had the most rewarding experiences, not only in the teaching of science (including Mathematics) but also in other ways. I rose to be the Senior Science Master and was also in charge of mathematics at the college. It would be invidious to name only a few of the many young gentlemen who had the pleasure of teaching at King’s College, Lagos. Suffice it to say that many of them have been very successful and are flourishing in practically all fields of endeavor.
While I was at King’s College, I was approached by Miss W.W. Blackwell, the Principal of Queens College, Lagos (1931-1942) to teach science to selected girls of Queen’s College to enable them to have a background in general science. I undertook that assignment until I left Nigeria for Britain in September 1944.
I was truly proud to be a teacher or schoolmaster. It is also my very great pleasure to state that many of the students I taught are among my personal friends. This is the joy and reward of every successful schoolmaster”.
During his years of study in Britain from 1944 to 1949, he was associated with the Science Master’s Association (SMA). It wasKeen for his desire to form such an association in Nigeria to encourage the improvement of science teaching in Nigeria in Nigeria, h. He sent out invitations to selected teachers. The Science Teachers Association of Nigeria (STAN) was thus born and he was elected its first president. and The first meeting was held in the Lecture Theatre of King’s College, Lagos in October 1957. The Science Teachers Association of Nigeria (STAN) was born and he was elected its first president.
In September 1957, Mr. Ajumogobia was transferred from King’s College, Lagos to the Lagos Education Office as Chief Education Officer,. It was whilst he was there that where he implemented Government’s decision to establish the Federal Emergency Science School at Onikan, Lagos. Soon after this, in 1958A year later, he moved to the Nigeria Office as Education Adviser to the Nigerian Representative in London.
In February 1959, he was asked to return to Nigeria to take on the post of Adviser on Secondary Education in the Federal Ministry of Education and subsequently Adviser on Post-Secondary Education in the Federal Ministry of Education. During this period he was actively involved in the establishment of the University of Lagos and often reminisced about the citing of the university at its present location. At Nigeria’s independence on October 1st, 1960 he was appointed Permanent Secretary, Federal Ministry of Education, the first Nigerian to hold the post. He retired voluntarily from the Federal Civil Service in June 1964 as Permanent Secretary, Federal Ministry of Information and Culture, and joined the United Nations Educational Scientific and Cultural Organization (UNESCO) in 1964.
As Programme Specialist in Paris, his duties included the development of educational programs and projects for the Africa Region. In 1965, UNESCO appointed him as their representative to the Economic Commission to Africa (ECA) and to the Ethiopian Government based in Addis Ababa. He was subsequently appointed UNESCO Chief of Mission to East and southeast Africa, covering Tanzania, Uganda, Zambia, Malawi, Botswana, Lesotho, and Swaziland, and based in Dare-es-Salaam.
He spent much of his time traveling between his various missions from where he unfailingly sent individual postcards to his wife and children. Each member of his family also received a telegram on their birthdays, and even after his retirement, despite the advent of fax, telex, and e-mail, it was always a thrill to receive his telegrams, sometimes several weeks after the actual date!
Mr. Ajumogobia retired from UNESCO in 1974, he enjoyed a brief spell of research at his old college, King’s College, Cambridge, wherein in 1953 he had done postgraduate work in the History and Philosophy of Science. Upon his return to Nigeria, he settled in Port-Harcourt and was engaged by the Rivers State Government as Administrative Officer on Special Duties for 2 years after which he retired from active public service in 1977. In 1979, he was conferred with the National Award of Officer of the Order of the Niger (OON).
In retirement, he rekindled his interest and devotion to the Science Teachers Association of Nigeria (STAN), which he had initiated as the Senior Science Master of King’s College, Lagos in 1957. On the occasion of the 24th Annual Conference in Akure, Ondo State in 1982, he was conferred with “Fellow of STAN” and was fondly referred to as the Father of STAN. He wrote the following words written barely 6 months before his passing; “…and I here assure that my personal interest in and close association with STAN will continue to the end of my mortal life by the grace of God.” On 18th February 1997, STAN conferred him with the posthumous award of Distinguished/Sustained Service to Science Education (DSSE).
As a father, he treated all his children with friendly dignity, and by personal example emphasized to them the values and importance of integrity and modesty. He was a thoughtful father and took an interest in all they did. His personality seemed to be shaped by what he would wish for them. At their birthday parties, he would personally organize the games. During family holidays he was involved in all activities. The last of these family holidays was in August 1995 when his wife, children, and some of his grandchildren spent a month-long eventful vacation in the United Kingdom. During this holiday, he took his family to see the 100th-anniversary performance of Oscar Wilde’s “The Importance of being Ernest” a play, which he had seen and enjoyed as a student in London in the mid-1940s.
In his younger days, he was a keen cricketer and a good swimmer. His children grew up hearing mythical tales about his prowess as a swimmer. His two sons (one of whom was a medallist of the British Amateur Swimming Association) regarded themselves as fine swimmers and continually challenged their father to a race. This he always politely declined until one Sunday afternoon to their great excitement, he decided to demonstrate to them that he could indeed swim. The result of this event ensured that the deference that Soboma and Odein had for their father’s swimming ability was passed on to his grandchildren. Needless to say, thereafter, family swimming contests pointedly excluded him!
As a husband, he was most companionable, kind, and extremely courteous. In his wife’s words, “Feni was one of nature’s gentlemen. His life was one of quality and substance. He had a commendable, agreeable disposition, disciplined and devoted, consistent and committed. He was gentle but firm. I like to think of him as a good husband, a good father to my children, a man of integrity. He made my life richer in quality and experience. I am a better woman for having been married to him.”
He loved his nine grandchildren dearly and was happiest in their midst especially during the last holiday they spent with him in Port-Harcourt in October 1996. His trip to Lagos in November 1996 was especially to see and be with them…
Professor Claude Ake:
Claude Ake (18 February 1939 in Omoku – 7 November 1996) was a Nigerian political scientist from Omoku, in Rivers State, Nigeria. Ake (pronounced AH-kay) was considered “one of Africa’s foremost political philosophers.” He specialised in political economy, political theory, and development studies and is well known for his research on development and democracy in Africa. He was professor of political economy and dean of the University of Port Harcourt’s Faculty of Social Sciences for some years in the 1970s and 1980s after having taught at Columbia University, where he earned his Ph.D. in 1966. He held various academic positions at institutions around the world, including at Yale University (United States), University of Nairobi (Kenya), University of Dar es Salaam (Tanzania), and University of Port Harcourt (Nigeria). He was active in Nigerian politics, a critic of corruption and authoritarian rule in Africa. His permanent home was in Port Harcourt.
Before becoming a dean at Port Harcourt, he taught at universities in Canada, Kenya, and Tanzania. Afterward, he held a variety of posts, at the African Journal of Political Economy, on the Social Sciences Council of Nigeria, and elsewhere.
At Yale, he taught two political science courses—one, called State in Africa, which was for undergraduates and graduate students, and another for undergraduates, about aspects of development and the state in Africa. While teaching at Yale he lived in temporary quarters on the Yale campus.
He wrote in 1985, in an essay on the African state: “Power is everything, and those who control the coercive resources use it freely to promote their interests.” George Bond, the director of the Institute of African Studies at Columbia University’s School of International Public Affairs, said: “He was one of the pre-eminent scholars on African politics and a scholar-activist concerned with the development of Africa. His concern was primarily with the average African and how to improve the nature of his conditions.”
David E. Apter of Yale said of Ake: “In the very short time he was here, he developed a following among the students, both graduate and undergraduate, which was truly extraordinary. There were graduate students who wept at his death. Everyone was really shocked. It was an amazing testimonial to the man.” Apter said that Ake had “crackling intelligence and an outspokenly severe view of African politics and nevertheless, underneath that, a quality of understanding which was remarkably subtle and complex. But he was able to communicate the complexity in a straightforward manner.” He added that Ake “was not only, in my view, the top African political scientist, but an extraordinarily courageous person. The Nigerian Government was often at odds with him, and nevertheless, they recognized his stature.”
As regards the crucial issue of grief, even the English got it wrong. There is no such thing as “good grief” (even as an expression of being utterly perplexed).
Thankfully, the front page of the “Daily Trust” newspaper of October 27, 2021, has provided us with the proof of evidence by the witness-In-Chief.
“INCOMPETENT PEOPLE IN GOVERNMENT REASON FOR FAILURE –EL-RUFAI.”
“The Governor of Kaduna State, Malam Nasir El-Rufai, has said there is governance failure because there are so many incompetent people in government.
He spoke yesterday at a plenary session of the Nigerian Economic Summit.
“We need competent people in political and public service, but this is not the case in Nigeria, and things will not work. Unless the best and brightest hands are in the political system, the outcome will be sub-optimal and terrible,” he said.
“I have seen a level of disconnect between the political and economic elite. We discovered that those in the economic class just want to do their business, make their money, and live at Banana Island. But however strong your business is, without a functional political system and competent public service, that business will collapse.”
The Chairman, Africa Initiative for Governance, Aigboje Aig-Imoukhuede called for synergy among both political and economic players.
“Therefore, if there is a failure in the system, it is a collective failure. Nation-building is a very deliberate exercise, which involves great risks and sacrifices. And that is the path that we must take.”
Meanwhile, Governor Simon Bako Lalong of Plateau State, at another panel session said the state remains a very suitable business and investment hub because the government has vigorously addressed some of the major security challenges by tackling their root causes.
Lalong, in a statement by his Director of Press and Public Affairs, Dr. Makut Simon, also advocated for a review of the revenue sharing formula and state police which must accommodate adequate funding, checks and balances, and a very strong mechanism against abuse.”
Perhaps I should add that in 1957, I was in the same dormitory [F9, Harman’s House] at King’s College, Lagos as Claude Ake who was in the Lower Sixth Form, while I was in Form One. Our beds were next to each other. Even then it was clear that he was destined for greatness. He held very strong views about virtually every facet of life and beyond.
As for Mr. Ajumogobia who was both a science teacher and housemaster, he and his family lived in one of the flats above our dormitory. He was Acting Principal (Headmaster) before joining the Ministry of Education from where he went off on international posting to Nairobi, Kenya. He took his wife and four children with him. That explains how his two boys – Soboma and Odein (former Minister of Foreign Affairs; and former Minister of Petroleum Resources) missed out on old boys of King’s College.
He also had two daughters Emi Renner (a medical doctor) and Nimi Akinkugbe (who is currently Nigeria’s Ambassador to Greece).
One of Professor Claude Ake’s most remarkable interventions was his disdain for military government. He famously slugged off “Those who are in authority but not in power. They lack the moral authority to change anything.”
In other countries, on an occasion such as this, the government would organize remembrance activities to commemorate two outstanding souls that perished due to incompetence and also ensure that the duty of care is never again compromised by recklessness. Even after twenty-five years, the latest tragedy is the collapse of a twenty-one storey building within shouting distance of my office in Ikoyi, Lagos. At the last count, ten souls had been pronounced dead with many more unaccounted for.
Permit me to conclude by commending the Ajumogobia family for the annual classical musical feast in honor of their patriarch.
Similarly, I must thank both Professor Adele Jinadu (ex-King’s College and Oxford University) and Professor Tunji Olaopa for their unrelenting efforts to keep the formidable intellectual legacy of Professor Claude Ake alive.
The last word belongs to the Minister of Transportation, Hon. Rotimi Amaechi who is like Mr. Ajumogobia and Professor Ake is from Rivers State. Frontpage of “ThisDay” newspaper of November 1, 2021:
“Don’t forget that what most Ministers like is this kind of situation, where contracts are expiring in their time. I could have just renewed it (the INTELS Contract) and collected some of the contracts.”
The #ENDSARS BRAND; To Support or Fight, you Choose!!.
The last 1 year in Nigeria has been one of the longest in time past, it’s been a case of a Yoruba adage “ E diye ba lokun, Ara o rokun, Ara o to adiye”. Meaning the bird lands on the rope, the Bird is not comfortable, the Rope is also not comfortable, in business terms a loss/loss scenario as nobody wins.
I was opportune to have a strategy session and discussion a few days before 20/10/2020 with a top government functionary, discussing the best way to dowse the tension already being generated by the EDNSARS Issue, but unfortunately, things went out of hand on 20th and the mediation strategy proposed never saw the light of day.
I highlighted the need to understand who this group of youths are, their motivation, their temperament, and what they intend to achieve and based on this proposed solution.
For clarity I will go over the analytics of this segment, the ENDSARS generation is made up of 70% generation y ( ages 9-25) 23% of Millennials ages (25 and 40 years), and 7% Gen X ages(41-56 years old).
With these stats, you will know that the power range of this group falls between 18-30.
If anything you need to understand that this generation is a different one, driven by purpose or goal more than money or financial rewards, support each other regardless of social status, fight and protect the vulnerable amongst each other, hold temporary leaders accountable as any iota of doubt you lose your influence with them they easily the next “sense-making” individual who understands their values and is pursuing that purpose without any “personal interest” becomes the next “temporary leader” and why during the challenging times, they were asked to present a leader and they chorused “ we have no leaders”, meaning we are led by purpose and vision and anyone regardless of who you are, who can genuinely lead us towards our purpose takes the “ temporary leadership” seat until someone better comes along and we move to the next “ temporary leader”.
The Endsars brand movement Personality.
They can’t be lied to; they will dig your file out in 20 minutes and you will end your career before it even started, can’t be deceived as they are highly educated and can read between the lines, can’t be bought as they are not a self-centered generation, but a generation that is collaborative in nature looking to help others up.
Their mission is simple “they want a child of nobody to become somebody without knowing anybody” and this means let the competent do the job regardless of race, color, tribe, party, religious lines, or age.
The tag line above is very evident in the Start-up ecosystem in Nigeria today as many top tech talents and leaders of teams building Unicorn companies “were not born with silver spoons” and many don’t even know anybody, but are succeeding very well regardless of oppositions.
Looking closely at issues that the ENDSARS brand ran into, a lot of the time the issues are caused by the Millenia+ Gen x members in the movement, looking to get a seat at the table of government or business but using the ENDSARS movement as the tool to get the attention. As soon as the “ personal agenda” of such individuals get noticed, their influence in relation to the movement gets deflated immediately by the group and all of a sudden their words and followership hold no bite again and they suddenly fizzled- out, no once, not twice not three times has this happened.
Unfortunately, the movement was against the brutality from Men of SARS, but the force approach used in dealing with the issue escalated if from fight against a single law enforcement agency to a fight against government and oppression, and since 20/10/2020, the government has been utilizing force and the more force applied the more rage It generates from the youth. The more force applied the more the #ENDSARS Brand gain more global recognition at the expense of the “ Brand Nigeria” gaining a not too good reputation globally. Like I said earlier no matter how we look at this, it is a loss/loss for us all, regardless of the side, you are on.
In time past the Government made individuals wealthy due to contracts and monopoly licenses and the beneficiary have no choice but obey the government’s orders even if the customers and users of their products are not happy. But that power has since reduced as the new generation makes wealth from technology Value creation, talent utilization via online platforms, and various ways globally with the government not having much control. The level of technology savviness is at par with global peers, thanks to the web access and various online training and this has been displayed times without number. From account getting locked to switching to Bitcoin in hours, from Ban on Twitter to VPN, and many more.
Truth is, the loyalty of this segment is first to the general purpose of growth and progress for all before other things, you will be shocked that Gen Z has resigned their appointment in organizations siting the fact that their organization is Anti-ENDSARS, Many fathers are defending policies outside, whereas in their homes a major war is being fought as their children are at loggerheads with them on these issues and are ready to leave- home if that is what will drive home the message for the parents.
All this said what is the way forward, another Yoruba adage says” AGBA GBON, OMODE GBON, LAFI DA ILE –IFE, Meaning, it’s the wisdom of the elderly and the Wisdom of the youths that build a Town. But as it stands right now the Wisdom of the elderly is “cunning “ and the Strength and Wisdom of the youth becomes “rage” at every opportunity, either way, nobody wins.
2023 is around the corner and everyone wants to show relevance; The youth trying to show “strength” and the elderly trying to show “ Wisdom”, May I appeal to us to please not take “no corruption personality” as a leadership skill or competence, or being an “Aluta leader” as a leadership skill; Being an influential member of the ENDSARS MOVEMENT alone is also not enough competence for a great leadership choice!. All I know is that is it easier to lead when there are enough resources to execute agendas, but when the resource is scarce, and things are bad the responsibility falls on the shoulder of leadership to use skill, competence, and all it has to make the best out of a terrible situation.
May I ask a rhetorical question above again? The ENDSARS BRAND; to support or fight, you choose
It was my friend and brother Femi Omotosho prominent Banker and serial investor who mentioned at the height of the pandemic that I should make a beeline towards this gentleman and see what he was putting on the ground.
Now you will ask why he was so intent on my meeting up and spending time with Mr. Iwuajoku. Simple. I am passionate about this economy and by extension this Country. I have left the space where we are still talking of ‘potentials’ at the positive side and of separation and all the calamitous rendering we hear at the extreme negative side.
You see, I want to tell very positive stories about this country. So, stories of people doing things on the economic side, which portends major confidence in the system especially taking investment risks on long gestation projects sit very perfectly on my good side.
Mr. Iwuajoku’s business model seats on a dual portal striding Aviation and Hospitality on the very broadside. In-between those two are a varied business exposure that continues to create jobs and redistribute wealth in such a powerful way that the keen observer cannot help but marvel.
So, I walk onto the massive site that houses the prestigious Legend Hotel and the Aviation hangar that is all under his Quits Group platform. The whole site is spacious and extremely neat, you can hardly believe that a major construction job is going on.
He is inspecting the west wing extension of his Legend hotel. He is building extra rooms in a hurried bid to expand to 231 rooms from the present 60 Room positioning. This new wing will come with an ultra-modern Convention Centre that will seat 2,000 people.
As we tour the giant facility, I take a closer look at this gentleman. He looks kind but comes across like an Ojukwu lookalike with his beards, but behind the seeming hard stares, you could see his kindness and softer disposition from his penetrating eyes. I know he will soon break the tension and in fact, he cannot wait for us to exchange as friends but first, he must first understand this young man with uncombed hair and his mission.
Let’s go to the other side he says. Get a reflector jacket he orders me. we move towards a huge dugout on the way, I count almost 10 private jets. He provides the service – parking and maintenance. He maintains aircraft for four major international concerns thereby saving Nigeria huge outflows in urgently needed forex.
He wants to build an underground warehouse at the dugout and put planes on the flattened surface. The huge earth-moving machines are working strenuously. Rain is his enemy but work he must.
How did you begin, I ask? He says it was the market meltdown that threw him this way. The depression of 2008 made him start asking himself what else can he do. He had cash but the outlets were thinning out. So this sector gave him a unique opening. He would edge his revenues by having his receivables in hard currency.
He leased the huge expanse of Land surrounding the Murtala Muhammed International Airport and coursed very arrogantly towards the Local Airport from the FAAN on a 40year renewable lease arrangement.
As we walk in-between Private Jets, proudly perched on his plot, I see a different kind of man. I ask him, who owns these beautiful birds, he smiles like a kind grandfather and says ‘bro leave am’.
Then we move towards his very beautiful office. From his desk, he watches over his birds with glee. He can see the beauties as they stand majestically on the tarmac. You can feel the bond between them as he talks to me and at the same time keeps an eye on them the way a Nanny will keep an eye on an errant ward.
So, what are your succession plans I ask? This project is huge, expansion alone is $35m you must surely be thinking of succession.
What drives the question is the handsome boy I saw when I first walked in. I had called and he had said, ‘ask for Ifeanyi, he will bring you to me’. Nobody seemed to know Ifeanyi as I wandered around the huge premises till I ran to this very handsome and tall young man with a name tag that said,’ Iwuajoku’. I said, ‘are you Ifeanyi? He said no. But what do you want, I can be of assistance.
He took me to Chairman and on the way, I asked who he was. He said, ‘Son’. I said are you working here and are you on a salary? He says yes and I said you are young and he said I am married.
His confidence, sure-footed manner, and exchange with ‘Chairman” made me push later with Uncle Sam on the succession plan.
He gently deflects but positions that ‘our kids are not as strong as we are’ he says generally. I agree with him. This leads us to his journey. From the age of 16, he had started learning and working. He was the surveyor in on the Dolphin reclamation amongst other jobs he had embarked on from teen. This had hardened him, making him as Tough as Nails. He was involved in the Ports, Snake Island, and all of that. Working with expatriates, learning and positioning, getting himself ready for this pivotal role he is currently playing.
As we speak, his phones are ringing none stop. The biggest players in the economy are calling. He is custodian to their precious birds and as such they must be on speed dial to him at all times.
Today there is an issue with the customs. He must resolve it. He is calming the caller, I recognize the name, I listen to the conversation. His reassuring gait, his calming disposition, and his confidence give the billionaire on the other side enough respite to say, ‘ok, Sam I hear you.
Me too, I hear you, Sam. This Country must continue to nurture people like Sam. People who will not wait for the challenges of life both man-made and otherwise to build fences and use them as a weak justification for a loss of faith in the system.
Where are you from? I fire. He says I am Nigerian. But if you ask me where are my parents from, I will say Imo but I was born in Badagry and as such my argument is clear, I am a Nigerian.
I smile. I just love this man. Over 250 Nigerians and expatriates under his payroll, a forex saving business, a forex generating business an ambitious expansion with a long gestation and turnaround time, and a business that plays very strategically in the economy and does not fly by night, how will you not just like Uncle Sam.
Patriot.
It just dawned on me that I do not know the MD of GTB and that Kennedy Uzoaka who is the MD of UBA is all but invincible.
This seems to be the trend in the system as it looks like we have been saddled with a different class of MDs. A class I will want to call the Intern MD.
Who is the intern MD? The Intern MD is a long-suffering albeit very loyal and brilliant banker who has over the years shown very clearly a powerful skill set which really has nothing to do with his technical capacity but points at a very essential value- loyalty and willingness to serve
80% of our giant financial institutions can be said to be run by Intern MDs.
How did we get here? In political science, we were thought about manifest destiny. This is the unintended consequence of policy action.
So in trying to strengthen Corporate Governance in the system on the back of the distress that hit the system, authorities ended the situation where one man was Chairman and MD at the same time.
The position was divided and made for different people. The manifest destiny of this threw up the father/son combo or the Husband/wife combo and in some cases the sugar Daddy/girlfriend combo
The banks were firmly held by dynastic families and they ran the institutions with the verve and favor that comes with that drama
Then policy changed. Seeming democratization of the environment was thrown up and this brought the age of the owner-managed and mercurial bankers
It was in this era, the megastars emerged. Elumelu, Ovia, Akingbola, Ibru and the rest
They moved like pop stars. They had the vision, youth, energy, and passion to drive these institutions from mere backwater players to major international concerns.
Daily we could feel their movements. The increase in share capitalization was a joke to them as they raised the capital almost effortlessly driving the financial system into advanced markets.
Then another policy came. Tenure limits. And immediately the megastars had to leave the stage.
However the difference between these ones and the Balogun’s is that they were still on top of their games, they still had age on their side and the push to conquer was still flowing in their blood
So within 24hours, almost all of them named successors and the dawn of the Intern MD hit us.
Apart from Herbert at Access and maybe Ebenezer at Zenith the rest fall very perfectly into this mold.
So how does this work? The Intern MD sees his appointment solely as luck and his closeness to the source of power. Hence his actions and movements are a direct reflection of the whims of the source.
I even hear that some sources attend bankers committee meetings and come back to brief the Intern MD. So the Intern MD is still in a subservient and docile position
The immediate effects of this situation, are a dearth of vision since it’s not yours, more red tape, sluggish decision making, a dearth of innovative ideas, and a zombified management.
I was with a huge entrepreneur who is embarking on a $35m expansion project which would employ 250 workers and deepen engagements in a critical sector and his lament was palpable.
He was talking to a management team that didn’t seem to understand the transaction dynamics and as such couldn’t even relay very clearly his prayers to the source thereby almost killing the relationship.
This is the stark immediate consequence of this manifest policy that has thrown up the Intern MD.
One would want to ask what role the Board plays in this. Same you would say. All you have to do is take a cursory look at the Board composition of some of these Banks and you will find a complete village meeting, secondary School alumni, inlaws, and lovers.
There you see your answer. It’s not all that dark though as the system seems to be working especially if we are to believe the figures that are churned out as Profits regularly.
But it’s like driving a car with a misfiring plug, you will get to your destination but would it be a smooth ride?
I keep quiet.
Edgar Joseph
Editor in Chief
Thealvinreport.com
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