Devaluation is grossly overrated, by Simon Kolawole - Newstrends
Connect with us

Opinion

Devaluation is grossly overrated, by Simon Kolawole

Published

on

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?

 

Advertisement

 

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.

 

Advertisement

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.

Loading

Health

Don’t add lies to the terrorist horror in Oyo, By Farooq Kperogi

Published

on

The Shettima danger for Tinubu, By Farooq Kperogi
Farooq Kperogi

Don’t add lies to the terrorist horror in Oyo, By Farooq Kperogi

The kidnapping of schoolchildren and teachers in Oyo State is horrifying enough by itself. It does not need the embellishment of lies, half-truths, conjectures and opportunistic propaganda to make it more horrifying than it already is.

But that is precisely what appears to be happening with the viral, social-media-amplified list of “demands” allegedly made by the terrorist bandits who kidnapped schoolchildren and teachers in Oyo State.

According to the social media version of the story, the bandits have demanded four things as preconditions for releasing the innocent people in their captivity: one billion naira to be paid into an account in the Republic of Benin, the release of bandits supposedly being held in Agodi and Abolongo prisons, two Hilux vehicles and the amendment of Oyo State laws to introduce Sharia.

This list has travelled far and wide because it has all the elements that make rumors combustible in Nigeria. It involves money, foreign conspiracy, terrorism, prisons, Sharia and the implicit insinuation that some local Muslims must know more than they are saying. It is almost a perfect specimen of panic engineering.

The problem is that it has no firm evidentiary foundation. The abduction is, of course, real. So are the communal grief and the horrors people in Oyo and the Southwest are contending with now. But the four-point demand list that is now being hawked across social media as fact is not supported by any credible reporting.

The source of the social media-fueled four-point demand list appears to be a vague statement attributed to the Speaker of the Oyo State House of Assembly, Debo Ogundoyin. He was reported to have asked whether anyone would negotiate with terrorists if they asked for weapons, money or concessions on future laws of the land as part of their ransom.

That is a general, hypothetical-sounding formulation. But some people somewhere with a predetermined agenda sat down and chose to stretch this conjectural formulation from the Speaker as evidence of disclosure of a precise list of specific demands.

There is a world of difference between saying terrorists asked for “weapons, money or concessions on future laws” and saying they demanded “one billion naira into a Benin Republic account, two Hilux vehicles, release of detainees in Agodi and Abolongo prisons and the introduction of Sharia in Oyo State.” One is vague, perhaps even rhetorical. The other is specific, explosive and politically loaded. You cannot responsibly move from the first to the second without foolproof evidence.

READ ALSO:

Even the few newspaper reports that published the more sensational version were cautious and guarded in their language. They said, “reports indicate,” “reportedly attributed” and “according to the report” without once mentioning any “report.” That is lazy journalism’s way of saying, “We have no facts for this story.”

But certain people on social media have laundered the uncertainty into certainty, the allegation into fact, the list as a means to attract and monetize eyeballs, and the rumor into a psychological weapon.

The Sharia claim is the most suspicious part of the whole thing. Where will the Sharia be implemented? In the classrooms from which the children were abducted? In the Old Oyo National Park where the homicidal, blood-stained criminals are believed to be hiding? In the kidnappers’ forest camps? Or across Oyo State through a ransom note from bandits? The absurdity should detain us before outrage overtakes our capacity for critical thought.

The demand is also historically and empirically incoherent. Bandits and terrorists (who, in my dictionary, are indistinct) have murdered Muslims in states where Sharia already exists. They have attacked mosques. They have killed imams while they are leading prayers in mosques during Ramadan, Islam’s holiest month. They have kidnapped Muslim women, Muslim children, Muslim clerics and Muslim farmers.

They have devastated Zamfara, Katsina, Sokoto, Kebbi, Niger, Kaduna and other Muslim-majority communities such as Kwara North. Just last week, these insensate beasts abducted the wives and children of the Emir of Yasikiru in my natal local government of Baruten. Not done, they also burned the emir’s palace. This happened only a few months after murdering nearly 300 people and abducting nearly 300 women and children, most of whom are Muslims, in neighboring Kaiama Local Government.

To suddenly believe that the same species of criminals has discovered the virtues of Sharia and are championing its enshrinement in Oyo State’s laws is to suspend judgment in the service of prejudice.

READ ALSO:

The Benin Republic bank account story is also suspicious. Of course, no banking system is immune to criminal manipulation. Criminals use “mule accounts,” stolen identities and corrupt intermediaries everywhere. So, the existence of KYC and anti-money-laundering rules does not make the claim impossible. But it does make it evidentially demanding. If anyone claims that kidnappers asked for one billion naira to be paid into a named or unnamed Benin Republic account, the burden of proof should be higher than “according to reports.”

The danger of this rumor is not merely that it is false or unverified. It is that it has already acquired a social function. It is being used to suggest that Yoruba Muslims, especially those who have advocated the introduction of the civil aspects of Sharia to adjudicate issues like marriage and inheritance among Muslims, are somehow complicit in the crimes of these bandits.

It is also being used to imply that the abduction of Yoruba schoolchildren is part of an Islamic plot that local Muslims either endorse or secretly facilitate. This is how societies descend into self-sabotaging moral idiocy. Criminals commit crimes and innocent people who share a religion, ethnicity or language with the imagined identity of the criminals are made to bear the brunt of unjustified transferred aggression.

It bears stressing that Yoruba Muslims are not responsible for the abduction of schoolchildren in Oyo State. Muslim communities in Yorubaland are not accessories to banditry merely because a rumor says kidnappers demanded Sharia. The mere mention of Sharia in a viral post does not convert every Muslim in Oyo, Osun, Ogun or Lagos into a suspect. To argue otherwise is to accept the same collective guilt logic that has poisoned Nigeria’s intergroup relations for decades.

Terrorists murder Muslims, Christians, traditional worshippers and non-religious people. They murder Hausa, Fulani, Yoruba, Igbo, Tiv, Berom, Nupe, Baatonu and everyone else when doing so advances their greed, sadistic urges, murderous impulses or tactical objectives. They are not equal-opportunity humanists, of course. They often manipulate religion and ethnicity. They sometimes speak the language of faith while practicing the ethics of beasts. But their victims are not drawn from one religious community alone.

The fight against terrorism is weakened when we isolate innocent groups for demonization. It dissipates much-needed moral energy and produces enemies where allies are needed. It also encourages communities to hide behind siege mentalities instead of cooperating across religious and ethnic lines to expose criminals. The people who should be angry together are made to be angry at one another.

The people who kidnapped children in Oyo State are reprehensible, homicidal outlaws. The state must rescue the victims, punish the perpetrators, expose their collaborators and secure schools and forests. That is the task, and it is immense, urgent, ever-present and already morally overwhelming. It should not be complicated by people who are eager to graft their pre-existing animus onto other people’s pain.

Someone I discussed this issue with yesterday told me that the rumors of the list of demands are activated by an unusually heightened sense of vigilance. I get that. There is nothing wrong with vigilance. In fact, vigilance is now a condition for survival in Nigeria. But vigilance without verification can provoke self-annihilating hysteria and mob psychology.

The children and teachers in captivity deserve our full attention. Their families deserve empathy unpolluted by propaganda. Oyo State deserves security, not rumor-fed religious suspicion. Nigeria deserves a serious conversation about the collapse of state protection, the spread of kidnapping economies, the mass helplessness in the face of terror and the ungoverned spaces that have become refuge for terrorists and bandits.

What Nigeria does not need is another lie added to an already unbearable tragedy.

Don’t add lies to the terrorist horror in Oyo, By Farooq Kperogi

 

Kperogi is a renowned Nigerian columnist and United States-based Professor of Journalism.

Loading

Continue Reading

Opinion

The Shettima danger for Tinubu, By Farooq Kperogi

Published

on

The Shettima danger for Tinubu, By Farooq Kperogi

The Shettima danger for Tinubu, By Farooq Kperogi

Sometime in January this year, a senior Lagos-Ibadan journalist called my attention to a news story in which President Tinubu’s Minister said with earnest certainty that dropping Vice President Kashim Shettima as Tinubu’s running mate would gravely imperil Tinubu’s reelection chances. He wanted to know what I thought about it.

I promised I would share my thoughts in a column the following week, but more urgent matters that needed my discursive interventions came up, and I didn’t get round to doing it. In the intervening months, several other people have echoed Musawa’s sentiments. As maneuvers for the 2027 election intensify, the question of Shettima’s place in Tinubu’s 2027 calculus keeps taking center stage.

To my knowledge, no one has sufficiently articulated the socio-historical, political, strategic, ethnographic and even emotive reasons for the choice of Shettima as Tinubu’s running mate, or why his replacement, especially with a northern Christian as is being rumored, would convulse the foundations of the Tinubu presidency.

I have pointed out in many past columns that in Nigeria’s emotional cartography, there are five broad ethnographic cocoons, which I like to sometimes call emotional maps, that have evolved independently and have broadly shaped voting and other kinds of national behavior.

There is the Northern Muslim Bloc that largely transcends northern ethnic boundaries, the Yoruba Bloc that mostly papers over religious differences, the Northern Christian Bloc that collapses ethnic and subregional borders, the Igbo Bloc that is self-explanatorily ethnically and religiously homogenous and the Southern Minority Bloc that encompasses a multiplicity of ethnicities that are neither Yoruba nor Igbo.

This emotional cartography isn’t intended to be a simplistic, self-sufficient and unnuanced mapping of diverse people into unproblematized boxes where there are no internal differences. It is intended only to show that, generically speaking, these broad collectivities tend to coalesce around the same affectional bonds in relation to national issues.

READ ALSO:

In the politics of emotional affiliation to, or connection with, the center of power, feelings of group representation draw on these maps. For example, the appointment of General Christopher Gwabin Musa first as Chief of Defense Staff and later as Minister of Defense has been a source of recognizable representational nourishment for most northern Christians across ethnic and subregional divides, even though Musa is from Kaduna, which is supposed to be in the Northwest.

So, based on my mapping of the emotional contours of Nigeria’s ethnographic landscape, the Tinubu-Shettima ticket actually is not, strictly speaking, the Muslim-Muslim ticket people say or think it is. It is, in reality, a Yoruba-Muslim ticket. Here’s why.

Tinubu, like most Yoruba people, defines himself first and foremost as a Yoruba person before he is anything else. That was why, in his 2022 Abeokuta speech, he prefaced “Emi lo kan” with “Yoruba lo kan.” In other words, he derived the social, political and emotional basis for the legitimacy of his presidential aspiration from his Yoruba identity.

Islam is incidental, even expendable, to Tinubu’s identity. This was dramatized this week when the presidency had to debunk a bizarre rumor that Tinubu had converted to Christianity.

Shettima, on the other hand, can’t afford to define himself as Kanuri in the context of national politics. On the national stage, he is the symbolic representation of collective northern Muslims, although this does not erase his Kanuri and cosmopolitical credentials. In other words, Shettima is primarily a northern Muslim who provides the symbolic conduit through which Muslims in the North identify with the administration he is a part of.

Some, maybe even most, northern Muslims may disagree with the administration and even with Shettima himself. But that’s in the region of the head. In their hearts, however, it’s a different matter. It’s like having a mother you disagree with but whose presence you cherish nonetheless because her absence would create a crushing emptiness in you.

In fact, no northerner, whether Christian or Muslim, can stake his or her national political aspiration on an ethnic platform. They would usually choose a pan-northern platform or a religious justification for their aspirations, depending on the context.

It needs to be pointed out that I am not making any moral judgments here. Tinubu’s appeal to Yoruba nationalism is not inferior to northern politicians’ appeals to regional or religious solidarity. The differences merely reflect how differently we have evolved politically and emotionally.

Now, replacing Shettima with a northern Christian running mate is fair in view of what appears to be the systematic exclusion of northern Christians at the top since the return of democracy in 1999. However, even at the risk of being misunderstood, it needs to be pointed out that such a move would signal two things.

First, contrary to what many people are inclined to assume, it won’t be a Muslim-Christian ticket. It would be a Yoruba-Christian ticket. As I pointed out earlier, Tinubu’s self- and collective identity-definition is primarily Yoruba, and it’s the basis for his claim to the presidency. Until fairly recently, he didn’t even publicly identify with Islam and still stumbles when he tries to perform his secondary Muslim identity.

READ ALSO:

Second, Tinubu has to contend with the altered demographic calculations for the 2027 election that the choice of a northern Christian running mate would present. In the 2023 election, most northern Christians voted for Peter Obi, with Benue State being the notable exception. In Benue, Tinubu rode on the coattails of the then wildly popular APC governorship candidate Rev. Fr. Hyacinth Iormem Alia to victory.

Since 63.6 percent of Tinubu’s 8,805,420 votes in 2023 came from the North, it is safe to assume that most of those votes came from the Northern Muslim Bloc. To get rid of the ethnographic, emotional symbol of such a bloc in your quest for a second term, you have to be able to compensate for the electoral loss such a move would most certainly provoke. That seems like a tall order.

True, northern Christians seem to have warmed up to the Tinubu administration, perhaps because the anxieties that activated their hostility haven’t materialized. In fact, in May 2025, as Tinubu prepared to travel to Rome for the inauguration of Pope Leo XIV, the presidency reportedly supplied THISDAY with data that showed 62 percent of Tinubu’s appointees were Christians.

Bayo Onanuga later echoed the same claim at the Vatican when he said he had read that 62 percent of the president’s cabinet members were Christians.

Tinubu’s handlers can point not only to presidency-supplied claims about Christian appointments but also to a trail of public statements by some northern Christian bodies and clerics who said, in varying degrees of intensity, that his appointments had softened, answered or “allayed” fears over the Muslim-Muslim ticket.

For example, Rev. Kelvin Pwajok of the Northern Christian Forum thanked Tinubu in September 2023 for appointing northern Christians such as George Akume and Christopher Musa to strategic positions. Dominic Alancha of All Christian Youths in Northern Nigeria said the group’s earlier reservations had been eased by Tinubu’s appointments. Rev. Yakubu Pam of Northern CAN said in January 2025 that Tinubu had shown reasonable inclusiveness.

Archbishop John Praise Daniel of the Northern Christian Religious Leaders’ Assembly said in October 2025 that Christians did not feel sidelined and that Tinubu’s appointments had allayed many fears. Rev. Amos Mohzo of COCIN also thanked Tinubu for supporting northern Christians through appointments such as Akume as SGF and Nentawe Yilwatda as APC national chairman. In May 2026, the Christian Northern Nigeria Progressive Forum backed Tinubu’s re-election and framed its support around inclusion, fairness and national stability.

By contrast, Muslim groups and clerics have complained that the Muslim-Muslim ticket has not translated into commensurate representation for Muslims in Tinubu’s appointments.

For example, the Supreme Council for Shari’ah in Nigeria said Muslims remained politically marginalized despite their support for the ticket, while Professor Mansur Ibrahim Sokoto argued that Tinubu won Muslim votes but had since sidelined Muslims and the North.

Yoruba Muslim bodies have made a more specific regional case. MURIC has repeatedly alleged that South-West Muslims have been shortchanged. It even described some appointments as “Christian-Christian” under a Muslim-Muslim presidency. The Concerned Yoruba Muslim Scholars in Nigeria said Yoruba Muslims had expected Tinubu’s presidency to redress their long-standing marginalization but have instead faced deeper exclusion. MUSWEN also said South-West Muslims are underrepresented in federal appointments relative to their demographic strength and intellectual weight.

In other words, dropping Shettima in favor of a Christian running mate would effectively create a perceptual “Christian-Christian” ticket in the North. Northern politicians like Musawa who have an intimate familiarity with the sociology of northern politics know that this would sound the death knell of Tinubu’s second term bid, especially in light of Peter Obi’s dominance in the Southeast, which will deprive Tinubu of bloc votes from the South.

This choice comes with an even more poignant existential implication. Historically, in moments of political trauma, northern elites tend to instrumentalize religion to rouse the masses to popular action. Should Tinubu somehow manage to “win” without a northern Muslim running mate, he could have an unprecedentedly convulsive Nigeria to preside over.

The Shettima danger for Tinubu, By Farooq Kperogi

Kperogi is a renowned columnist and United States-based Professor of Journalism.

Loading

Continue Reading

Opinion

Don’t Label Oyo Kidnappers as ‘Islamic Jihadists’ – Saudi-Based Nigerian Scholar Warns

Published

on

MURIC Denounces Joint Statement With Fulani Group, Clarifies Identity Confusion With AMURIC
Saudi-based Nigerian Islamic scholar, Mallam Ibrahim Agunbiade

Don’t Label Oyo Kidnappers as ‘Islamic Jihadists’ – Saudi-Based Nigerian Scholar Warns

  • Says criminality remains criminality, warns against dangerous religious profiling

A Saudi-based Nigerian Islamic scholar, Mallam Ibrahim Agunbiade, has cautioned against the growing tendency to brand criminal gangs operating in Oyo State and other parts of the South-West as “Islamic jihadists,” warning that such narratives are misleading and capable of igniting dangerous religious tension.

In a statement issued on Sunday, Agunbiade, a Taalib (student) at Jami’ei, Islamic Propagation Rabwa in Saudi Arabia, expressed deep concern over the direction of public discourse surrounding insecurity in Oyo State, particularly following the recent abduction of pupils and teachers from three schools in the Oriire Local Government Area.

The scholar specifically referenced a programme on Splash FM 105.5 FM, “State of the Nation,” anchored by Edmund Obilo, where, according to him, repeated references were made to kidnappers and criminal gangs as “Islamic jihadists” allegedly bent on conquering the South-West and establishing dominance.

“Such sweeping and emotionally charged narratives may attract public attention, but they are not only misleading; they are also capable of creating dangerous religious tension in an already fragile society,” Agunbiade wrote.

He described the recent attacks in Oriire as “indeed tragic and condemnable,” adding that every responsible citizen must rise against such barbaric acts. However, he questioned the logic of automatically labelling criminal activities as religious missions.

“Since when did kidnapping schoolchildren become an Islamic mission? Since when did abducting innocent teachers and pupils become a religious obligation?” he asked.

“It is both irresponsible and intellectually dishonest to automatically label every violent criminal activity involving suspected Fulani bandits or kidnappers as ‘Islamic jihad.’ Criminality should remain criminality. Evil should be called evil without dragging religion into matters where religion itself clearly stands opposed to such actions.”

READ ALSO:

Agunbiade pointed out what he described as a critical irony: many of the victims of these attacks are themselves Muslims. He noted that among the kidnapped pupils and affected families are Muslims whose lives have been shattered by the same criminals.

“So, how does one logically arrive at the conclusion that these kidnappers are fighting an ‘Islamic cause’ while terrorizing Muslim communities and targeting Muslim children?” he queried.

The scholar emphasised that Islam has never permitted the kidnapping of innocent people, attacks on schools, or the creation of fear and instability in society. He stressed that those who commit such crimes are enemies of humanity and enemies of peace, regardless of the language they speak or the religion they claim.

He further noted that respected Islamic bodies and leaders in Oyo State have openly condemned these criminal acts. He cited the Oyo State chapter of the Muslim Rights Concern (MURIC), which has issued statements condemning insecurity and calling for urgent government intervention. He also mentioned the Grand Imam of Oyo, Sheikh (Barrister) Bilal Husayn Akinola Akeugberu, as well as prominent Islamic organizations including MUSWEN, who have publicly expressed concern and called on authorities to intensify efforts toward rescuing victims and restoring peace.

“These are the voices that deserve amplification in our public discourse — voices of reason, peace, unity, and responsibility,” Agunbiade said.

He warned that when media narratives lean toward religious profiling instead of objective analysis, they risk inflaming ethnic and religious suspicion among citizens who have coexisted peacefully for decades.

“The role of the media in times of insecurity is not merely to sensationalize fear or promote divisive assumptions. Journalism carries a moral burden. Broadcasters and public commentators must exercise caution in their choice of words, especially in a multi-religious and multi-ethnic society like Nigeria. Words are powerful. A careless narrative repeated consistently can gradually poison public perception and sow seeds of hatred among innocent people,” he cautioned.

Agunbiade acknowledged the seriousness of insecurity in the South-West, noting that communities are under pressure, farmers are afraid, travellers are anxious, and parents are worried. However, he insisted that solving insecurity requires facts, intelligence gathering, effective policing, and sincere governance — not religious stereotyping.

“We must avoid turning a security crisis into a religious war narrative. Once criminality is wrongly framed as a battle between religions, the real perpetrators hide behind the confusion while innocent citizens suffer discrimination and hostility,” he said.

The scholar called on government at all levels to strengthen local security architecture, equip law enforcement agencies adequately, improve intelligence operations, and ensure that criminal elements are arrested and prosecuted. He also urged traditional rulers, community leaders, religious institutions, and civil society groups to work together in promoting vigilance and unity instead of suspicion and division.

“At this critical moment, Nigerians must refuse to allow fear to destroy the peaceful coexistence that binds communities together. Kidnappers are criminals, not representatives of any faith. Terrorists are enemies of humanity, not ambassadors of religion,” Agunbiade stated.

He concluded: “The fight before us is not Islam versus Christianity, nor North versus South. The real battle is between law-abiding citizens and criminal elements threatening the peace of society. Anything short of this understanding only deepens the crisis.”


Mallam Ibrahim Agunbiade is a Taalib (student) at Jami’ei, Islamic Propagation Rabwa, Saudi Arabia, and can be reached via agunbiadeib@gmail.com.

 

 

Don’t Label Oyo Kidnappers as ‘Islamic Jihadists’ – Saudi-Based Nigerian Scholar Warns

Loading

Continue Reading

Trending