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Does it still make sense to trust Tinubu? by Azu Ishiekwene

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Azu Ishiekwene

Does it still make sense to trust Tinubu? By Azu Ishiekwene

This was tough to write. My heart resisted it, but I yielded to my head. The petrol in my car, a 2.0-litre 2012 Tokunbo Camry, was at half-tank the day before writing.

When pump prices went from 195/litre to 617/litre between May and June 2023, I parked my Jeep and, despite being occasionally mistaken for an Uber driver, opted for the saloon, which, as of the third fuel price increase by September this year, cost about 65k to fill up.

After petrol pump price went up again by about 15 percent last week, it would now cost about 80k to fill up the saloon, depending on where you bought petrol from and how badly the pump was rigged.

The changes in petrol price and energy costs have affected everything else, from the price of fish to milk and the cost of bread and grains. Essential medicines are a different thing altogether. Life was hard. But it’s been a nightmare for millions more since President Bola Ahmed Tinubu’s government was inaugurated.

Generation crisis

In July, The Financial Times said the hardship under Tinubu has triggered “the worst cost of living crisis in a generation.” The newspaper gave the president credit for tackling two of the most malignant economic problems in decades – the petrol subsidy and fixed exchange rate – but said the shock therapy was so disjointed that calling it “Tinubunomics” would be a joke.

But Nigerians hardly need a foreign newspaper to render their misery in torrid colours. They know this was not the life promised. Tinubu pledged to prioritise security and jobs, tackle the mounting debt, and improve infrastructure when he took office. He came with a pro-business credential and a track record of success in Lagos that was difficult to ignore.

In the last year, however, with millions impoverished by the government’s economic policies and two major nationwide protests against hunger and bad governance, Tinubu’s reputation has taken such a severe beating that promises of light at the end of the tunnel have been brushed aside.

Turn of excuses?

His government has explained that the rot was worse than expected; that whereas previous governments since 1973 said oil money was not the problem, but how to spend it, President Muhammadu Buhari handed his successor an empty treasury, to which the response has been: yours is a continuation of the APC government, deal with it.

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Complaints about post-Covid-19 supply chain problems, long-standing structural problems, the protracted legal challenge to his election, and a hostile opposition have also been dismissed as untenable for a man who said it was his turn to govern.

Temptation

Yet, I wouldn’t write off the government, however tempting. If Tinubu’s shock therapy has been disjointed, and his economic policies severely criticised by a despairing public, the tax-and-spend remedy by The Financial Times, the West’s standard response to budget deficits – apart from the added trope about transparency and corruption – is hardly the cure in Nigeria’s case for at least two reasons.

Apart from severe loopholes, rampant poverty makes it difficult to expand the tax net or improve the yield, except if the government wishes to levy taxes on blood. Poor industrialisation, even de-industrialisation, and heavy dependence on imports, especially food imports, compound the problem and further reduce wiggle room to raise badly needed cash.

For Tinubu to dig Nigeria out of its current hole – and I believe he still can – efforts to restructure government income, including taxes, by repurposing the Federal Inland Revenue Service (FIRS) must be matched by policies that create wealth.

Options for compound problems

The government should intentionally target industrialisation and food production, with reduced foreign input. Unfortunately, widespread floods have piled on insurgency and kidnapping to reduce farm supplies and worsen food inflation.

Yet, while elites like me complain the most and the loudest, the measure of Tinubu’s success is not how much petrol I’m able to buy in my car but the impact of government policies on the rural poor, mainly farmers, who make up the bulk of the country’s 220m population.

Tinubu must work with Nigeria’s state governors, who collect security votes monthly before thinking of what to do with it to fix the security problem so that farmers can return. The country needs a system to incentivise farming, one far better managed than the Anchor-borrowers’ scheme under which the Buhari government staged occasional shows of huge grain pyramids that disappeared as soon as the events were over.

Examples from elsewhere

There would be no easy options. Examples of countries that have turned things around show that their leaders defied the norm in pivotal moments. Deng Xiaoping reversed Zedong’s isolationism by introducing market reforms and imposing a one-child policy.

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Lee Kuan Yew ignored Western prescriptions of democracy, even laying down markers for the foreign-owned Strait Times, limited protests, and restricted strikes and industrial actions.

Those who obsess about diversity and size would find India a good example. To the displeasure of the elite, Indira Gandhi focused on rural India. She achieved self-sufficiency in food production, reducing poverty and laying the groundwork for long-term national development.

One thing common to all three but lacking in Tinubu’s government is energy and speed of execution. For example, three months after he announced an interim measure to remove tariffs on grains and essential pharmaceuticals, the Customs have yet to get the memo – or perhaps they have, and it’s been washed up by red tape.

Sitting on the mines

Sadly, oil isn’t about to take the backstage soon. Yet, our assets, especially oil mining leases in seven blocks, including OML 111 and disputed Pan Ocean assets, have been poorly managed by NNPCL. The corporation that ought to be alarmed at divestments from the upstream and midstream is too busy piling on the government’s debt by brokering crude-for-loan deals to think of what to do with massive, fallow oil assets that it has cornered since 2009.

Experts estimate that prudent management of these assets could increase Nigeria’s production quota by between 500kbpd and 1mbpd and improve the pool of investible funds. How and why, despite his experience in the oil industry, Tinubu indulges NNPCL’s damaging and scandalous incompetence, only he can explain.

Eat that frog!

But I’m not giving up on him yet. I’m hoping he was playing politics when the political pressure group, the Patriots, led by the statesman Chief Emeka Anyaoku, visited him, and he said he needed to fix the economy before restructuring the country.

Except he prioritises that, the current system, which puts revenue sharing ahead of innovation, competition, production and reward, but instead creates a phantom of Abuja as Father Christmas, will continue to retard the country’s progress.

It’s not Tinubu’s fault that the states are yoked to Abuja. However, he cannot make any lasting changes, keep his election promises on security, jobs, the economy, or infrastructure or even inspire the states to depart their waywardness without changing how the country is governed.

He starts to lose me, not when I pay a higher petrol price but when his actions show, irretrievably, that despite his solid credentials as an advocate of restructuring, he is determined to put the cart before the horse.

Does it still make sense to trust Tinubu? By Azu Ishiekwene

Ishiekwene is Editor-In-Chief of LEADERSHIP and author of the book Writing for Media and Monetising It.

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Tinubu’s Buharization of NNPC By Farooq Kperogi

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President Bola Ahmed Tinubu and former President Muhammadu Buhari

Tinubu’s Buharization of NNPC by Farooq Kperogi

After the sustained, unwarranted personal attacks I endured for eight years from northerners for unswervingly calling out what I called the “embarrassingly undisguised Arewacentricity of Buhari’s appointments” in a February 2, 2019, column titled “Even Ahmadu Bello Would Be Ashamed of Buhari’s Arewacentricity,” I promised that I would look the other way if a southern president returned the favor after Buhari’s tenure.

But promises made in the heat of disillusionment often crumble under the weight of principle.

Ironically, this column was inspired by a well-regarded Yoruba supporter of President Bola Ahmed Tinubu who is worried, in fact embarrassed, by the optics of what he says is Tinubu’s relentless Yorubacentric take-over of the Nigerian National Petroleum Company (NNPC).

His concern wasn’t just partisan discomfort; it was a profound unease about how this nepotistic approach undermines national cohesion.

I frankly hadn’t been paying attention to the internal dynamics at the NNPC, but the acquaintance pointed out that Yoruba people now occupy major positions at the NNPC and that a certain (person) is “being proposed as GMD after Mele Kyari’s term expires” early next year.

I haven’t independently confirmed the accuracy of this claim but given the closeness of the source of information to people in the circles of power, it’s probably best to not dismiss this with the wave of the hand.

His concern is that Tinubu, from the Southwest, is already the minister of petroleum. Senator Heineken Lokpobiri, the Minister of State for Petroleum and Chairman of the NNPC, is from the South-South. Chief Pius Akinyelure from the Southwest is NNPC’s Non-Executive Board Chairman.

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The head of the NNPC Upstream Investment Management Services (NUIMS), Mr. Bala Wunti, my acquaintance pointed out, has been replaced by one Seyi Omotowa. Gbenga Komolafe is the chief executive officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), making him the highest-ranking upstream regulator.

“If a Yoruba man were to be the GMD, another Yoruba man is the Chairman, and yet another Yoruba man is the regulator, that’s extreme lopsidedness,” and other parts of Nigeria would be justified to feel uncomfortable, my acquaintance said.

As with issues of this nature, the reality may be more complex that the surface-level impressions that I have been presented with. Of the 12-member non-executive Board of Directors, I counted at least four names that I recognize as northern, and that includes Kyari, the outgoing GMD.

The 7-member Senior Management Team on NNPC’s website has three northerners (if Kyari is included). That seems fair. Plus, Buhari actually appointed many of the Yoruba people in high places at the NNPC. By these metrics, one might argue that there’s a semblance of balance.

However, Tinubu’s broader public image tells a different story. His administration is rapidly cementing a reputation for Yorubacentric provincialism. Like the late Umaru Musa Yar’Adua, who governed Nigeria as if he were still a Katsina governor, Tinubu appears to be governing Nigeria as though he were still the governor of Lagos.

Just like Yar’adua was elected a Nigerian president but operated like a Katsina governor in Abuja, Tinubu is also, so far, a Nigerian president only in name. His mindset is still that of the governor of Lagos.

With a few notable (and in some cases unavoidable) exceptions, Tinubu’s government is largely the re-enactment of his time as the governor of Lagos. It is, for all practical purposes, an unabashed Lagos-centric Yorubacracy.

To be fair, though, with the possible exception of Olusegun Obasanjo’s administration, all civilian regimes since 1999 have been insular ethnocracies.

My source reminded me of a viral social media post I wrote on January 14, 2019, titled “New IGP: Why Progressive Northerners Should be Embarrassed” where I gave four reasons for being insistently censorious of Buhari’s Arewacentric appointments in response to southerners who asked why I was bothered since I was a northern Muslim who was “favored” by such appointments—“favored,” that is, on the emotional and symbolic plane.

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I pointed out that I criticized similar such parochial appointments by previous presidents from the South and that it would be hypocritical to look the other way because I was now “favored” by such appointments.

I said people from my region and religion won’t always be in power, and I wanted to be able to stand on a firm moral pedestal when I criticize future presidents who replicate Buhari’s (and previous presidents’) provincialism.

Most importantly, I said, I was personally embarrassed by Buhari’s insularity and that every progressive northerner should be. I described it as the sort of embarrassment you feel when your best friend who thinks highly of your mother visits you in your home and your mother, during a family dinner, gives you a considerably bigger food portion size and choicer pieces of meat than your friend.

“You feel like screaming: ‘Mom, I know you love me, but you’re embarrassing me by showing overt preferential treatment to me in the presence of my friend’,” I wrote.

The Yoruba acquaintance of mine who alerted me to the creeping Yoruba-centric take-over of the NNPC said he was doing so out of a feeling of the same sense of embarrassment that inspired my rage against Buhari’s appointments that favored the North unfairly, especially in the areas of security.

Tinubu is doing in the economy sector what Buhari did in the security sector. The minister of finance, the governor of the central bank, and every other consequential agency in finance is headed by a Yoruba man. I am not sure Nigeria has ever seen this level of extreme, state-sanctioned ethnocentric domination of a critical segment of national life.

Appointing another Yoruba individual as the head of the NNPC would complete what many already perceive as the ethnic capture of Nigeria’s economic nerve center. It would not only cement Tinubu’s image as an insensitive ethnocrat but also exacerbate public discontent and foster deeper divisions in an already polarized nation.

If Tinubu is unaware of this burgeoning perception, he needs to awaken to its reality. Leadership is not just about policies and actions; it’s also about managing optics and inspiring confidence in a nation’s collective identity.

In a September 5, 2015, column titled “Buhari is Losing the Symbolic War,” where I railed against the exclusion of Igbo people in Buhari’s first appointments, I wrote:

“Symbolism isn’t the same thing as substance. Appointing people to governmental positions does nothing to improve anybody’s lot—except, perhaps, the people so appointed and their immediate families.

“Jonathan’s disastrous 5-year presidency couldn’t even bring basic infrastructure like boreholes to his hometown of Otueke, yet his people derive vicarious satisfaction from the fact of his being Nigeria’s former president.

“Human beings are animated by a multiplicity of impulses, including rational and emotional impulses, both of which are legitimate. When we turn on our rational impulses, we may ask: What would appointing an Igbo man as SGF, for instance, do to Igbo people? The answer is ‘nothing.’

“But we are more than rational beings: we are also emotional beings. That’s why people are invested in symbolism. Appointing someone from the southeast or the deep south is merely a symbolic gesture, but it inspires a sense of inclusion in the minds of many people from that region; it serves as a symbolic conduit through which people vicariously connect with the government.”

This cycle of ethnic favoritism must end if Nigeria is to realize its full potential as a nation. To grow and thrive, we need leaders who can transcend the narrow confines of ethnocracy.

We need leadership that embraces diversity and inclusion, not as buzzwords but as guiding principles for governance. Only then can we begin to heal the fractures that divide us and build a nation that serves all its citizens, regardless of ethnicity or region.

Farooq Kperogi is a renowned Nigerian columnist and United States-based Professor of Media Studies.

Tinubu’s Buharization of NNPC by Farooq Kperogi

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Ademola Lookman showed Davido and Kemi Badenoch that wisdom is not by age – Omokri

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Reno Omokri, Ademola Lookman, Davido and Kemi Badenoch

Ademola Lookman showed Davido and Kemi Badenoch that wisdom is not by age – Omokri

Recently, the singer David Adeleke was given a global stage to do whatever he wanted and deliver any message.

Sadly, Mr. Adeleke used the opportunity to speak in an American accent. Not only that, he used that American accent to talk down on Nigeria and tell the world not to invest in Nigeria because, as he put it, Nigeria’s “economy is in shambles”.

Coincidentally, a month after his faux pas, Kemi Badenoch, probably inspired by Davido, used her British accent to talk down Nigeria, calling us “a very poor country” where the police rob citizens.

But the interesting thing about her own case is that the next day, the BBC featured a panel of Conservative Party big shots, and one of them, Albie Amankona, a party chieftain from Chiswick, who is also a celebrity broadcaster, said, and this is a direct quote:

“If you are a Brexiteer, and you are saying we need to be expanding our global trade beyond the European Union, we want to be looking at emerging markets for growth, don’t slag off one of the fastest growing economies in Africa.”

Is it not strange that it took the BBC and a British politician to promote Nigeria as one of the fastest-growing economies in Africa?

And just when we thought it was all bad news, God gave us a breath of fresh air in the youthful Ademola Lookman, who used the global podium granted to him by his winning the 2024 African Footballer of the Year award to promote and project Nigeria and the Lukumi Yoruba language to the world.

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Wisdom is not by age. If not, Ademola Lookman, who is just twenty-seven, will not have displayed greater wisdom than David Adeleke, who is thirty-two, and Kemi Badenoch, at forty-four.

Mr. Lookman proved that the age of Methuselah has nothing to do with the wisdom of Solomon.

And it is not as though other ethnicities with global icons do not also project Nigeria. They do.

Dr. Mrs. Ngozi Okonjo-Iweala spoke Igbo on the podium of the WTO in Geneva. In terms of prestige, she is FAR above Lookman.

My campaign is not for the Lukumi Yoruba alone. It is for all sub-Saharan Black Africans to learn to speak their language and not use ability to speak English or another colonial language as a measure of intelligence.

Besides Lukumi Yoruba and Hausa, every other Nigerian language, including Fulfulde, is gradually dying out.

General Buhari is half Fulani and half Kanuri. Yet, he cannot speak either Fuifulde or Kanuri. But he speaks Hausa and English.

Fact-check me: In 2012, UNESCO declared Igbo an endangered language.

However, the Lukumi Yoruba are to be commended for their affirmative actions to advance their language and culture.

Let me give you an example. All six Governors of the Southwest bear full Lukumi names: Jide Sanwa-Olu, Seyi Makinde, Dapo Abiodun, Ademola Adeleke, Abiodun Oyebanji, and Orighomisan Aiyedatiwa.

No other zone in Nigeria has all its governors bearing ethnic Nigerian names as first and second names. They either bear Arabic or European names as first names or even first and second names.

If we truly want to be the Giant of Africa, we must take affirmative steps to preserve our language and culture so we can have children like Ademola Lookman.

Teach your language to your children before you teach them English. They will learn English at school. Being multilingual is scientifically proven to boost intelligence.

Fact-check me: In the U.S., Latino kids do not speak English until they start school. They learn Spanish as a first language.

Even if you relocate to the UK, the best you can be is British. You can never be English. And if your choice of Japa is the U.S., the highest you can be is an American citizen. You will never become a White Anglo-Saxon Protestant WASP.

Your power lies in balancing ancient and modern, Western and African, English (or other colonial languages) and your native tongue.

That is the way to reverse language erosion, like the Lukumi Yoruba.

Ademola Lookman showed Davido and Kemi Badenoch that wisdom is not by age – Omokri

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Kemi Badenoch’s Hate for Nigeria – Femi Fani-Kayode

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Femi Fani-Kayode

Kemi Badenoch’s Hate for Nigeria – Femi Fani-Kayode

“I find it interesting that everyone defines me as a Nigerian. I identify less with the country than with my specific ethnic group. I have nothing in common with the people from the north of the country, the Boko Haram, where Islamism is. Being Yoruba is my true identity and I refuse to be lumped with the northern people of Nigeria who were our ethnic enemies, all in the name of being called a Nigerian”- @KemiBadenoch.

Dangerous rhetoric

Kemi Badenoch, MP, the leader of the British Conservative Party and Opposition in the @UKParliament, has refused to stop at just denigrating our country but has gone a step further by seeking to divide us on ethnic lines.

She claims that she never regarded herself as being a Nigerian but rather a Yoruba and that she never identified with the people from the Northern part of our country who she collectively describes as being “Boko Haram Islamists” and “terrorists”.

This is dangerous rhetoric coming from an impudent and ignorant foreign leader who knows nothing about our country, who does not know her place and who insists on stirring up a storm that she cannot contain and that may eventually consume her.

It is rather like saying that she identifies more with the English than she does with the Scots and the Welsh whom she regards as nothing more than homicidal and murderous barbarians that once waged war against her ethnic English compatriots!

All this coming from a young lady of colour that is a political leader in a multi-ethnic, multi-religious and multi-cultural country that lays claim to being the epitome of decency and civilisation! What a strange and inexplicable contradiction this is.

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Her intentions are malevolent and insidious and her objective, outside of ridiculing and mocking us, is to divide us and bring us to our knees.

I am constrained to ask, what on earth happened to this creature in her youth and why does she hate Nigeria with such passion?

Did something happen to her when she lived here which she has kept secret?

Kemi Badenoch’s Hate for Nigeria – Femi Fani-Kayode

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