Opinion
Devaluation is grossly overrated, by Simon Kolawole

On Monday, Vice-President Yemi Osinbajo might have made his boldest pitch yet for his expected presidential bid in 2023. Speaking at the administration’s midterm retreat — with President Muhammadu Buhari and Mr Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), in the room — Osinbajo appeared to have broken ranks with the government over its forex policy, faulting the demand management strategy and declaring the exchange rate as “artificially low” and “negatively affecting” the inflow of foreign exchange into the economy. The solution, he proposed, was to move “our rates” to be “reflective of the market” to encourage an inflow of “new dollars”.
The VP also raised issues with CBN’s direct intervention programmes which, he said, make it look like there is a competition between the monetary and fiscal authorities. (Interestingly, Osinbajo is the chairman of the steering committee of the Infrastructure Corporation of Nigeria Ltd, another brainchild of the CBN). His call for synergy between monetary and fiscal authorities is definitely in order and his worries over the potential room for arbitrage with multiple exchange rates are valid. But my little concern was that these are basic house-keeping issues that the VP should not be discussing on TV. We outsiders may get the impression that this government is divided against itself.
By being publicly critical of this administration’s demand management policy — which seeks to reduce forex outflow by curtailing importation of goods not considered as essential, such as rice and private jets — Osinbajo might also have sent a strong message to certain constituencies that he is his own man. That is, “Osinbajonomics” is going to be different from “Buharinomics”. This should please the World Bank/International Monetary Fund (IMF) and some Nigerian experts who have always maintained that for the country to attract foreign capital and boost forex supply, the naira has to be floated. They argue that like water, the national currency will eventually find its level.
Osinbajo’s position was quite clear and unambiguous, despite the attempted clarification by his media team. My first response was: “Shots fired!” Buhari has spoken openly against devaluation since he came to power. Why would the VP be openly critical of a policy that clearly has the imprimatur of the president all over it? Why make such comments at a televised forum? Why shout at someone you can whisper to? Was it an error of judgment? The headlines thereafter said Osinbajo called for devaluation. No matter his intention, the ordinary interpretation on the streets would be that the vice-president was campaigning for more hardship on Nigerian masses.
Nevertheless, the clarification begged the question: is devaluation a dirty word? In my own admittedly limited knowledge of economics, there could be justifications for devaluation. Three instantly come to mind (1) to make non-commodity exports cheaper in the global markets (2) to stimulate foreign investment (3) to encourage forex inflow into the system — as the vice-president himself was trying to suggest when he said “we can’t get new dollars into the system where the exchange rate is artificially low”. That is why I still do not understand why his media team tried to take back or re-phrase his words thereafter, saying he was only talking about eliminating arbitrage.
My point of departure with the vice-president is that he committed the same error as is the wont of many Nigerian neo-liberal economists and economic analysts: preaching the gospel of “seek ye first devaluation and every other thing shall be added unto thee”. Devaluation is packaged as the ultimate solution to all forex problems. The claim is that the moment you devalue your currency, foreign investors will come rushing in with tonnes of dollars. That is rather over-optimistic. There are many things that determine forex inflow. Devaluation is just one of them. And there is a limit to what devaluation can achieve in a poorly structured economy such as ours. That is my position.
For instance, while the VP was criticising CBN’s demand management policy, he was loudly silent on the elephant in the room: fuel subsidy. It is estimated that by the end of the year, the subsidy bill will be around N2tr. This is already a very big problem for public finance, but there is another sticky dimension. Ages ago, the NNPC used to sell its share of oil to earn “new dollars” and boost our reserves. However, the corporation now operates a direct sale direct purchase (DSDP) swap system under which we give crude to foreign refineries in exchange for refined products. That means no dollar exchanges hands. And that means billions of “new dollars” will not enter CBN reserves.
To be fair to the VP, arbitrage is serious economic distortion. The difference of N160 between official and parallel rates is huge. The CBN has argued that with the stringent rules in place and the calibre of those now getting forex legitimately — such as government agencies, manufacturers and airlines, etc — the room for arbitrage has shrunk. The parallel market, the CBN insists, accounts for less than 7% of our forex transactions. Nevertheless, eradicating arbitrage is a very simple “procedure”: just devalue the naira from N412/$ to N572/$. If supply issues persist, devalue again. But be assured that if rising cost of living leads to another #EndSARS uprising, our experts will be nowhere to be found.
To what do I liken this gospel of devaluation? It is like constantly repainting a commercial bus to make it attractive to passengers, whereas the seats are tattered, the air conditioning is broken and the engine is failing. We can keep devaluing the naira hoping to attract “new dollars” but our fundamental structural problems remain. While the value of the local currency may be a factor in attracting foreign investment, it is neither the sole nor the most important determinant. Capitalists also look critically at country risks. If the value of local currency was the magic pill, Zimbabwe and Venezuela would be the biggest recipients of “new dollars”. There are surely other factors at play.
In a country where separatists, kidnappers, herders, bandits and terrorists are having a ball, devaluation cannot be the tonic for “new dollars”. We have a country where there appears to be an official policy to muscle out some investors. The attorney-general just woke up one morning and said he dreamt that MTN evaded tax and immediately slammed a bill of $2bn on them. The information minister has been working overtime trying to chase Multichoice out of Nigeria. Potential foreign investors see all these things. They are aware of the hostile business environment, the frustrating legal system, the chaotic ports and the bureaucracy. But we somehow think devaluation is the cure.
Without a doubt, devaluation can temporarily relieve some symptoms and bring some inflow — with “temporarily” being the operative word. As a matter of fact, the CBN has been adjusting the exchange rate since 2016 while throwing even the kitchen sink to save the naira from drowning. The rate was N197/$ six years ago and is now N412/$. But, truth be told, devaluation as a tool of attracting foreign exchange is not sustainable, neither is it a sure pathway to economic development. The larger issue is: how do we attract multiple sources of forex into the economy so that we are not hopelessly tied to oil revenues and devaluation? How can we export more?
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The fundamental flaws of our economy have always been there — papered over by cycles of oil boom. When oil revenues are high, we go binging. When oil revenues are low, we go begging. When oil prices crashed in the early 1980s, we faced our first major challenge in the oil era. It was a mess. Inflation went through the roof. Our reserves were so down we were no longer creditworthy to import essential commodities. We had to queue up to buy rice and tin milk. Civil servants were being owed salaries for up to seven months. Things were so bad that after the military took power, it was a major event on NTA Network News anytime workers were going to receive one-month pay cheque.
Under our current circumstances, the CBN has an option: it can actually fold its arms and watch the country go up in flames as government finances plummet and fiscal policies remain in disarray. Civil servants will be owed salaries for months and thousands will be retrenched. Forex demand will keep ballooning. The CBN governor will just be devaluing the naira every Monday to encourage “new dollars” and eliminate arbitrage. Easy-peasy! But by the time we reach N5000/$, our problems will still remain unsolved — because our economic structure is warped and the fundamentals are not solid. Panadol can never treat high blood pressure, no matter the relief it gives for a migraine.
I would love to be CBN governor if oil price is $80/barrel, production is over 2mb/d, revenues are in excess of $4bn monthly, reserves are $60bn, forex demand is $2bn, and the fiscal authorities are playing their part. I would just be sleeping and snoring. The real challenge comes when revenues are low and fiscal policies are all over the place. That is when everybody begins to see our nakedness. That is when it becomes more obvious that the foundations of our economy are fickle and feeble. There is no way devaluation can take the place of a proper restructuring of the economy. We need law and order, infrastructure and security for a conducive and productive investment climate.
We say we want to diversify exports to attract more non-oil forex inflow, but it is easier for a Nigerian entrepreneur to go to the moon than to export a bag of garlic through our shambolic ports. These are issues obstructing our progress. Osinbajo oversees the presidential committee on ease of doing business and should help tackle these hinderances. Really, devaluation is the easiest thing for any CBN governor to do. But with our structural and infrastructural deficiencies, it will not guarantee capital inflows. Instead, it can lead to more misery for an economy that relies heavily on imports, including food and intermediate goods. We cannot devalue our way to economic prosperity.
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AND FOUR OTHER THINGS
TAX ATTACK
Every time, we say we want more investments in the Nigeria. Every time, we do something that promotes the exactly opposite. According to Order 3 Rule 6 of the Tax Appeal Tribunal (Procedure) rules approved by the ministry of finance in June 2021, if you disagree with a tax assessment by the Federal Inland Revenue Service (FIRS), you have to first pay 50% of the amount before you can dispute it. This is directly in conflict with Paragraph 15(7) of the FIRS Act which allows the appellant to pay the lower amount between 50% of tax paid the previous year and the current assessment. The new rule opens up tax payers to blackmail and extortion and will hurt businesses. Dissonance.
CIVIL CASE
The federal government has given two options to its workers: be vaccinated against COVID-19 or come with a negative test result, otherwise you can’t go to office from December 1. This comes with many dangers. Some will buy vaccination cards just to obey the directive. The anti-vax propaganda will grow more wings as every new death will be blamed on the vaccine. More so, government machinery may grind to a halt if unvaccinated key officers can’t come to work. Even though I am double-vaccinated, I am not in support of the new rule. Vaccination is an emotional issue for millions of people, most of whom have been brainwashed, so I prefer persuasion to coercion. Caution.
ELECTRONIC SHOCK
There has been excitement everywhere over the decision of the senate to allow electronic transmission of election results as well as direct primaries in which every member of a party will vote to pick candidates. However, I am sorry to say this: didn’t we say PVC would finally put an end to rigging in Nigeria? Why are we still worried about rigging six years after? You see, we always think the problem is the system. I keep saying the problem is the operators of the system. The problem is Nigerians. If Nigerians don’t change, Nigeria won’t change. I must admit, though, that I am enjoying the extremely optimistic public reaction. Unfortunately, it is these expectations that kill us. Gullible.
OIL DOOM
Crude oil price hit a three-year high of $85/barrel on Friday. Bad news for Nigeria. For one, our subsidy bill just went up, yet again. So, expect more deductions for “under recovery” by the Nigerian National Petroleum Corporation (NNPC) as we continue to use our forex to import millions of petrol for the rest of West Africa. Also, we are currently producing 1.25mb/d, way below our export quota — we are short by 360,000b/d. That is a lot of money we are losing every day. Our gain from price rise will, therefore, be marginal. What’s more, businesses that depend on diesel will now pay higher costs. Don’t say I am unpatriotic but I now prefer crude oil at $50/barrel or less. Beneficial.
Opinion
Tinubu must address rising mass massacres now, By Farooq Kperogi
Tinubu must address rising mass massacres now, By Farooq Kperogi
Recent events show a widening pattern of killings, abductions and reprisals stretching from Borno to Zamfara, Kebbi, Niger, Kwara and elsewhere. The scale of fatalities alone demands sustained national attention. But the Bola Ahmed Tinubu government’s muted presence in the public response raises troubling questions about its priorities and its appreciation of the fierce urgency of the moment.
Start with Borno State, long regarded as the epicenter of Boko Haram’s insurgency. International media outlets reported last Friday that Boko Haram militants attacked a Nigerian military formation, killing at least eight soldiers and leaving dozens wounded. Casualty figures varied across accounts, but the deaths of eight soldiers were consistently reported.
Incidents of this nature once triggered nationwide debate and highly visible federal reaction. They now pass with limited public engagement outside specialist security coverage. That shift in attention probably reflects outrage fatigue, but it does not reduce the severity of the threat.
In the northwest and north central zones, mass casualty attacks have become distressingly frequent. Reports from Kebbi and Zamfara States describe repeated bandit raids, civilian deaths and abductions.
Again, an Associated Press dispatch from last Friday documented coordinated assaults in Kebbi resulting in at least 33 fatalities. That number alone represents a catastrophic loss for rural communities, yet the federal government hasn’t even acknowledged these tragedies much less comfort victims. This is increasingly becoming a pattern.
The Borgu region, where I am from, illustrates how violence transcends state boundaries while policy responses remain fragmented. Borgu’s communities span Kebbi, Niger and Kwara States. They share historical and cultural ties but operate under different administrative authorities.
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Armed groups exploit this fragmentation. Attacks in one area of the region reverberate across others and reshape daily behavior far beyond the immediate site of violence.
In Tungan Makeri, Konkoso and Pissa in Borgu Local Government Area of Niger State, news reports and police statements from this week confirmed deadly pre-dawn raids by gunmen. Initial figures indicated about 32 civilians killed across the affected settlements.
Specific breakdowns varied, with six deaths reported in Tungan Makeri and as many as 26 in Konkoso, according to local accounts cited in early coverage. These numbers represent entire families extinguished within hours. They also underscore the persistent vulnerability of communities repeatedly targeted by armed groups.
Earlier in the year, Borgu recorded another mass casualty episode at Kasuwan Daji market. Credible reporting placed the death toll at 30 or more people killed, with several others abducted. Shops were burned. Civilians were shot. Survivors described chaos, devastation and disorientation.
The recurrence of large-scale lethal attacks within the same geographic zone should have triggered an unmistakable escalation in federal visibility. That response has not been evident at the level many residents consider commensurate with the losses.
Across the Kwara axis of Borgu, the psychological impact of nearby massacres is now frighteningly noticeable. In Baruten, formerly part of the historical Borgu configuration, fear recently overwhelmed a weekly market day.
A vehicle passed through town. Someone suspected it might be transporting terrorists. The reaction was immediate and visceral. Traders and buyers fled. Goods were abandoned. People ran without coordination, and injuries followed. Some residents reportedly broke limbs in the stampede. Elderly individuals fell and required hospitalization. Many retreated indoors, remaining inside overheated rooms for hours. Goods abandoned in the market were stolen.
But no attack occurred. The vehicle posed no danger. It was the panic itself that inflicted the harm. This happened in my hometown on a Wednesday, a bustling market day that serves as both an economic outlet and a space of interaction, exchange and communal vitality.
Such reactions are not irrational. They reflect what psychologists call learned responses in environments where credible violence repeatedly erupts nearby.
In adjacent Kaiama Local Government Area of Kwara State, residents recount continual episodes of extreme brutality in the hands of bloodthirsty terrorists, the recent mass slaughters in Woro and Nuku that captured the national and international attention being the latest.
Residents across Borgu consistently describe a sense of exposure and disabling siege. In the Niger State sector, communities report repeated attacks on the same settlements. In Konkoso, for example, locals say after militants killed large numbers of villagers, the assailants returned on February 17 to burn the remaining homes. Whether every detail withstands subsequent verification, the pattern of repeated raids across the region is corroborated by multiple independent reports of killings and abductions.
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Governmental reaction shapes how citizens interpret both tragedy and state legitimacy. In Kwara State, the governor’s visit to sites of violence in Kaiama was widely noted by affected residents. Such gestures cannot reverse fatalities, but they acknowledge suffering and communicate presence. Insecurity is not only a military problem. It is also a political and psychological one.
In contrast, many inhabitants of Niger State’s Borgu communities express dissatisfaction with the state government’s posture following major incidents. Residents recount episodes in which official statements emphasized blame.
After the Papiri abductions, villagers say responsibility was publicly shifted toward school authorities without a gubernatorial visit to the affected location. Following reports that more than 70 people were killed in Kasuwan Daji, locals similarly describe narratives of fault attribution unaccompanied by direct engagement with survivors. These perceptions may not capture every administrative constraint, but they significantly influence public trust.
The more pressing concern, however, lies at the federal level. The cumulative death toll across Borno, Kebbi, Niger and Kwara States in just these few cited incidents exceeds any threshold that should trigger unmistakable national urgency.
Eight soldiers killed in Borno. Thirty-three civilians killed in Kebbi. Thirty-two civilians killed across Tungan Makeri, Konkoso and Pissa. Thirty or more killed in Kasuwan Daji market, with local claims of even higher figures, including over 70 fatalities. Locally reported deaths approaching 300 in Woro and Nuku. These are not sporadic disturbances. They are large-scale lethal events distributed across multiple states.
Yet the federal government’s public posture has lacked the intensity typically associated with crises of this magnitude. There has been no sustained national address centered on these specific killings. No widely visible mobilization signaling exceptional concern for Borgu’s repeated devastation. No consistent federal narrative that conveys to affected populations that their losses command the same urgency as tragedies elsewhere.
I agree that security challenges in Nigeria are undeniably complex. Intelligence failures, logistical limits and political coordination problems complicate rapid response. None of these constraints, however, justify the normalization of mass fatalities or the attenuation of federal visibility. When killings of dozens or hundreds struggle to command durable national attention, citizens inevitably question whether their suffering is fully recognized within the national hierarchy of concern.
Persistent violence also produces cumulative secondary effects. Economic activity contracts. Mobility declines. Educational continuity suffers. Residents alter movement patterns, avoid gatherings and recalibrate routine decisions around perception of threat. Fear becomes a structural condition rather than an irregular reaction.
Operation Savannah Shield, recently launched to address insecurity across parts of the north, offers an opportunity for recalibration. Its effectiveness will depend not only on tactical operations but on geographic scope. Borgu’s border communities, repeatedly affected by lethal raids and abductions, require explicit incorporation into security planning. Fragmented jurisdiction has long benefited attackers. Coordinated federal presence could begin reversing that asymmetry.
The number of people who have died unjustly in the hands of nihilistic terrorists this week alone is already staggering. A repetition of this number would signal deeper systemic failure. Preventing that outcome requires more than periodic, contingent deployments. It demands sustained federal attention, interstate coordination and a public posture that communicates unmistakable commitment to civilian safety.
It is worth recalling that even at the height of insecurity during President Goodluck Jonathan’s administration, the scale and frequency of mass killings did not approach what many communities now experience, yet Bola Tinubu, then an opposition figure, publicly urged Jonathan to resign.
Invoking resignation today, however, feels like an exercise in futility because no Nigerian elected official has ever relinquished office solely on account of failure, incompetence or public dissatisfaction. Rather than dissipate intellectual energy on an outcome with no historical precedent, a more pragmatic appeal is necessary.
The president should address the nation directly, acknowledge the severity of the crisis, and demonstrate a visibly intensified commitment to protecting lives. If the state proves unable or unwilling to guarantee basic security across vulnerable regions, then a serious national conversation must also consider whether citizens should be legally empowered to defend themselves, including through responsible firearm ownership, instead of remaining defenseless sitting ducks in the face of unremitting terrorist and bandit violence.
Tinubu must address rising mass massacres now, By Farooq Kperogi
Kperogi is a renowned Nigerian columnist and United States-based Professor of Journalism.
Opinion
Tinubu, el-Rufai and the cobra
Tinubu, el-Rufai and the cobra
Tunde Odesola
(Published in The PUNCH, on Friday, February 20, 2026)
If they were not venomous, snakes would probably garland the necks of the rich and the influential to delineate social class. With a body handwoven by its Creator, the snake is the most awesome creature, epitomising engineering fluidity among wildlife. Its fleeting mobility, intricate symmetry, stretchy sinews, delicate precision and frightening fatality define a brute created without hurry.
If the Creator, in His infinite creativity, had swapped the rabies of the dog for the venom of the snake, the faintest bark would have sent feet fleeing, sticks wielding, and alarum bells ringing. Armed with just rabies as a weapon, the snake would have been handpickable like snails after rainfall; slithering and spitting alone do not deter like venom strike. Meat and skin, snakes are attractive.
If its venom was exchanged for rabies, the snake would probably have been Man’s best friend, barking through a slit mouth and narrow throat, without a noise. Before closing production on the evening of the Sixth Day, God assessed His production line; behold all things were bright and beautiful. So, he rested on the Seventh Day.
But Man and snake are not friends; one strikes the head, the other strikes the heel. This eternal enmity results in deaths within both camps, with the human casualty dripping with grief, while snakedom is griefless – Ọ̀dájú lọmọ ejò.
On the last day of January 2026, fast-rising soprano singer, Ifunanya Nwangene, curled up in bed, enjoying a sleep in her Abuja apartment. Later, a cobra crawled into bed with her. Ifunanya probably felt the snake crawl over her arm, and she tried to move her arm away from the uninvited visitor. When the cobra sensed that the arm, which was inanimate a while ago, was slowly becoming animate, it panicked and lashed out, sinking its fangs into the songbird’s wrist. With that split-second strike, the cobra blew out Ifunanya’s candles.
In minutes, a numbing pain in the wrist woke the songster up. She saw the bite and the swelling. Frantic, she made a call to her father, uncle and friends. This must be a bad dream, Ifunanya thought. Wake up, wake up, girl! But the Nightingale was slipping away. Death has crept in right in the safety of her room.
Following Ifunanya’s death, the BBC, in a February 7, 2026, story headlined “A singer’s tragic death highlights Nigeria’s snakebite problem,” reveals the controversy that trailed Ifunanya’s death. In the report, Ifunanya’s father, Christopher Nwangene, accused the Federal Medical Centre, Jabi, Abuja, of unprofessional treatment and lacking antivenom when she was rushed to the hospital. But the hospital refuted the allegations in a clap back, insisting that it had enough antivenom in stock and that Ifunanya received good treatment. The Chief Medical Director of the FMC, Saad Ahmed, explained that Ifunanya arrived over two hours after the snakebite. Ahmed’s allegation, however, beggars belief and raises the question: why would Ifunanya’s uncle and friend separately go in search of antivenoms and, indeed, buy some, if the hospital had the antidote?
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A nationwide backlash left a populace lamenting the preventable loss of a special talent. Christopher said the hospital’s medical staff should not have removed the tourniquet tied to her wrist to limit the venom from spreading to other parts of her body when the hospital did not have enough antivenom. Though the use of a tourniquet is no longer advisable as treatment for snakebite because it can cause tissue damage and increase the risk of amputation, Ifunanya’s father insisted that it was better for her daughter to be amputated than to die.
In its characteristic fire brigade method, the Nigerian Senate, without setting a timeline, called on the Federal Ministry of Health and the National Agency for Food and Drug Administration and Control to ensure hospitals across the country were stocked with safe, effective and affordable antivenoms. The Senate’s hollow directive typifies the futility of an imam’s rumbling stomach when presented with a dish of pork.
The lack of direction and commitment in the Senate directive on antivenom explains the lackadaisical legislation the nation gets when issues involve the masses, while diligence and speed attend legislation on issues that directly benefit lawmakers like constituency projects, car purchase and accommodation. The energy and time deployed by the Senate leadership under High Chief Godswill Akpabio to fight the Soyoyo from Kogi State, Senator Natasha Akpoti-Uduaghan, encapsulates the NFA metaphor of my youth. In my secondary school days, unserious students were called NFA, an acronym for No Future Ambition. Can the Nigerian masses attest that their National Assembly yesterday, today or tomorrow truly has people-oriented ambition, except talk loudly, cackle heartily, defect, and look towards the Presidency for patronage?
The venom economy, when measured through anti-venom and venom-derived therapeutics, is a multi-billion-dollar, fast-growing global market with respectable profitability driven by healthcare demand, innovation, and rising global incidence of venomous encounters. Nigeria, with its multitude of youth unemployment should tap into the global-venom market, but its clueless political class will not ensure any life-changing policy to push unemployment back.
When he was Health Minister six years ago, a former Speaker of the Lagos House of Assembly, Dr Olorunnimbe Mamora, described as ‘epidemic proportions’, the 20,000 snakebites recorded annually in Nigeria. That was six years ago. Today, the Toxinological Society of Nigeria says snakebite cases in Nigeria annually have climbed up to 43,000, making the need to produce antivenoms locally a matter of national duty. The Association of Community Pharmacists of Nigeria estimates that the country spends about $12million yearly importing antivenoms. A vial of imported antivenom, according to the BBC,costs between N45,000 and N80,000, necessitating the need for local production, export and job creation. But in Mamora’s alarm lay an underlying potential for the country to partake in the multi-billion-dollar global venom market, which included participants like scorpions, spiders, wasps, ants, etc.
The BBC report states that Nigeria’s snakebite “epidemic proportions” is “compounded by a critical shortage of affordable antivenom, which needs to be stored in fridges – often impossible in areas with unreliable electricity”. However, herbal medicine produced locally by traditional medicine practitioners does not need refrigeration. A 2005 study, “Effect of Annona senegalensis rootbark extracts on (cobra) Naja nigricotlis venom in rats,” published in the peer-reviewed Journal of Ethnopharmacology, showed the relative effectiveness of the rootbark of African custard apple in treating cobra venom.
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While the nation grappled with insecurity, hunger and poverty, there came a rumble from outside Aso Rock. A little mallam, Nasir el-Rufai, sat on a huge pile of peddles, singing a Fulani song, pelting the roof of the Villa with his pebbles. Aso Rock panicked. The embers of a recent coup are still glowing. When a fly perches on the scrotal sack, caution becomes the first commandment.
I daresay the former Kaduna State governor was the most vocal vendor of the Bola Tinubu electoral commodity to the North when members of the Fulani hegemony were afraid to openly side with the presidential candidacy of Tinubu while President Muhammadu Buhari reigned. Short men and daring deeds.
When everyone was afraid of Buhari, El-Rufai showed dogmatic courage and stood by his belief. And Tinubu won. After Tinubu’s victory, el-Rufai danced to Kizz Daniel’s Buga song with Tinubu over dinner. While Tinubu was bugga-ing in owambe fashion, el-Rufai was waltzing to Buga in the Fulani stick-across-the-neck dance style. I watched the dance again today. Laugh catch me. Between Tinubu and el-Rufai, someone was scratching their nose with the head of a cobra.
Before or after the deceitful dance, Tinubu publicly begged el-Rufai to come and work in his administration, and el-Rufai said he would work on a part-time basis because he had some personal issues to attend to. When Tinubu was compiling his list of ministers, el-Rufai also submitted his cv, but his name was shockingly flagged by security agencies.
I do not know what the mallam did to offend Jagaban, but I guess the President is just uncomfortable with the personality of the former governor. He probably sees Nasir as a stormy petrel who would be uncontrollable if allowed into the cabinet. The moral question that bubbles up from the depth of virtueless politics, therefore, is: “Why enlist el-Rufai to fight your battle when you knew you were going to dump him?”
Well, Nigerian politics lacked virtue before, during, and after the days of el-Rufai as Kaduna governor. In the murky waters of politics, fish eats fish, dog eats dog, snake eats snake. Tinubu is eating today; he might be eaten tomorrow.
So, when you see El-Rufai vehemently criticise Tinubu, e get why. No bi because of God. When Tinubu abuses Abubakar Atiku, na cruise. When Peter Obi knack Tinubu apako, na content. If Atiku tear Tinubu, na paddy-paddy matter. Dem all sabi wetin dem dey do. Dem go fight, dem go settle.
Nigerians love sports, especially football. In Brazil, football employs 3.3 million people, generating about $2bn annually. In the 2023/2024 season, the Premier League generated $6.34billion. Nollywood and the Nigerian music world, without government initiative, have grown to international repute, generating millions of dollars.
So, instead of our elected politicians and public officials snaking from one party to another in almajeri fashion, there should be a concerted national effort geared towards providing the dividends of democracy to the masses. Perhaps they have forgotten what the dividends of democracy are, here they are: security, healthcare, education, employment, welfare, infrastructure, etc.
Email: tundeodes2003@yahoo.com
Facebook: @Tunde Odesola
X: @Tunde_Odesola
Tinubu, el-Rufai and the cobra
Opinion
El Rufai’s Arise News mind game with Ribadu, By Farooq Kperogi
El Rufai’s Arise News mind game with Ribadu, By Farooq Kperogi
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