Opinion

Of Kings, King Kong and honour

Published

2 years ago

November 9, 2024

Trends Admin

Of Kings, King Kong and honour

By Tunde Odesola

(Published in The PUNCH, on Friday, November 8, 2024)

Since 1933, when it hit the cinemas in the United States, the classic movie, King Kong, has undergone no fewer than 13 remakes. King Kong is a giant prehistoric ape ruling the mysterious Skull Island, where he is worshipped by dinosaurs, plesiosaurs, pterosaurs and numerous other monster creatures.

In the 1933 version, the story begins when an ambitious filmmaker, Carl Denham, takes his cast to Skull Island in the Indian Ocean territory for a jungle shoot, and the First Mate (assistant captain) of the ship, John ‘Jack’ Driscoll, falls in love with the deuteragonist, Ann Darrow. A deuteragonist is the second lead character while the protagonist is the lead character in a drama or movie.

The blond and beautiful Ann is captured by Skull Island natives who offer her to their king as a befitting sacrifice, setting humans and animals on a collision course which encapsulates the themes of man’s perpetual violation of nature, racism, exploitation, fear and love.

More powerful than any monster ever, the 25-foot tall King Kong falls in love with Ann, and gingerly holding her in his palm, remains determined to protect Ann from love-struck Jack and other crew members trying to rescue her. Though he’s a beast, King Kong navigates the intersection between primal instinct and civility by exuding love for blondie Ann, a human being, smoothening the jagged edges of animal-human borders.

In violation of nature, the crew captures King Kong, the protagonist, ships him to New York, and presents him to Broadway theatre audience in an exhibition dubbed “Kong, the 8th Wonder of the World,” with Jack and Ann posing beside Kong, rendered unconscious by a gas bomb since he was captured on Skull Island.

The blinding light from photographers’ cameras irritates the dazed Kong, who breaks loose, wrecking buildings, trains, vehicles, public utility poles and cables etc, as he picks Ann up like a piece of fried plantain and makes a dash for the 102-storey Empire Building which he climbs to the zenith.

Four planes face King Kong with fire, trying to shoot him off the building. He places Ann, his beloved, in a safe place and faces his adversaries, swatting and destroying one of the planes. In destroying the plane, Kong is injured while the gunfire intensifies. Momentarily, Kong takes his eyes off the planes and looks towards Ann, a fatal error that enables the three other planes to have good shots at him. He falls off to the ground, where a bewildered crowd quickly gathers in the final moments.

Fittingly, Jack reunites with his love, Ann. Denham, who makes his way to the scene of the fallen beast, overhears a policeman saying the planes got Kong, but he responds, “Oh, no, it wasn’t the planes. It was Beauty that killed the Beast.”

There are kings and there are kings. King Kong ruled his Skull Island. The eagle rules the air. The elephant rules the jungle. The blue whale rules the sea. I know an oba in Osun who rules with dignity and honour on the àpèrè of his forefathers.

Genealogically, the road to the palace is not paved with gold alone. It is also caked in the blood of revolution and hate. Faced with dwindling economic fortunes, the high cost of monarchy, political upheavals and the appeal democracy offers, many countries have consigned their kings and queens to the dustbin of history.

On January 21, 1793, King Louis XVI lost both his crown and head to the guillotine – in the aftermath of the 1792 French Revolution, making him the last monarch to live in the Palace of Versailles, taking to his grave the fitting nickname of ‘Louis the Last’.

The ruler of Russia, Tsar Nicholas II, bit the dust during the Russian Revolution of 1917, drawing the curtain on monarchy in the Soviet country. And in 1918, after World War I, Germany kicked out its king, Kaiser Wilhelm I, and locked the palace forever. After Mussolini fell and a republic was established in 1946, a referendum nailed the coffin of monarchy in Italy just as China transited to a republic in 1912 during the Xinhai Revolution which abolished the Qing Dynasty.

Brazil sacked its king in 1889 after a republican military coup while Greece showed King Constantine II the exit door of the palace in 1973, following a referendum by military coupists. But Spain, which abolished monarchy between 1931 and 1939, restored it in 1947. Indeed, red and gold are the road to the palace.

In the 20th Century, monarchies were abolished in Afghanistan (1973), the Ethiopian monarchy that lasted for almost 3,000 years ended with Haile Selassie in 1974, Vietnam (1945), and Iraq (1958). Recently, Nepal and Barbados kicked out the monarchy in 2008 and 2021 respectively.

Unlike Africa and Europe, monarchy remains strong and vibrant in the Middle East though social reforms are gradually tempering the sword of absolutism with change.

In Nigeria, the desirability or otherwise of monarchy is like the waves of the sea, rising and falling, peaking and ebbing, a mixed bag of the Good, the Bad and the Ugly.

Among the Ugly is the Canada-returnee jailbird king who oversmokes Indian hemp, beats his wife and royal colleague, and fights culture and tradition; a madcap desecrator of the throne who will never heed the caution of the odíderé until he perishes.

Among the Bad are the kings who run errands for politicians and support bad government policies – like that Abacha-dark-goggled king who advised the Igbo to go and perish in the lagoon so that the son of the owner of the brass mortar may reign. As a lover of culture, I won’t call for the abolition of monarchy in Nigeria though the temptation is high.

There are many good kings in Yorubaland, though the eyes cannot miss some black sheep among the flock. But lest I be accused of nepotism, I’ll name one oba in Osun, my state of origin, though Lagos is my state of birth; I’ll name one oba in Ondo, one in Ogun and one in Oyo as exemplars of nobility. This is not to say there are no good kings in Lagos and Ekiti states. There are many, but I’m probably not close enough to them – to talk about them.

At times, I wonder how lucky the Ekimogun people of the Ondo kingdom are by having as the Osemawe, Oba Adesimbo Kiladejo. Another worthy king I know is the late Towulade of Akinale kingdom in Ogun State, Oba Olufemi Iyanda Okesooto Ogunleye, journalist and lawyer, who died on June 19, 2024, after bagging a PhD at 80.

On October 22, 2024, I was strolling on Facebook Street when I saw a post by Diran Odeyemi, a popular Peoples Democratic Party chieftain in the South-West. The post says, “Do you know this school? Abolarin College, Oke-Ila, Osun State. No school fees. Free hostel. Free food. Free internet. Free uniform. Free laptop for every child. 24/7 power supply. All paid by the town’s king. The king teaches too in the school. We should celebrate such a Nigerian. What makes this school remarkable is that one major criterion for getting admitted is being poor. If your parents are rich, you cannot get admission.

Unlike other schools, Abolarin College wants poor kids who are very brilliant. From what I gathered, the king has only one wife. He’s not using the money of the kingdom to accumulate wives or properties.

Every Osun journalist worth their salt knows Oba Abolarin, whose nickname is Doxy. I got to know the 66-year-old king when I worked in Osun. I know his school, too.

I know students from the North, East and West of Nigeria are in his school. I also know he has two first degrees – one in Political Science, the other in Law – both from the Obafemi Awolowo University, Ile-Ife.

As an honourable king and ègbón, I know Doxy up-close; he’s highly cerebral and doesn’t brook conflict or crave attention. Like the almighty sun in heaven that dries up wet clothes on earth, you will see the actions of Doxy without seeing his person.

Two other Nigerians whose actions pleasantly shocked me in recent times are the Asiwaju of Igbajoland, Chief Adegboyega Awomolo, and a former House of Reps member from Ogun State, Hon. Lanre Laoshe, both of whom refunded a Federal Government student loan they received in the 1970s.

Asiwaju means leader and Awomolo leads on many fronts. He is Osun’s first Attorney-General and Commissioner for Justice as well as Osun’s first Senior Advocate.

He told me in an interview that he had been contacting the Office of the Accountant General of the Federation since 2012 to pay his student loan indebtedness but no official told him what account to pay into, adding that each time he saw his loan affidavit, he became weighed down.

“The idea behind student loans is good. I commend President Tinubu for resuscitating the scheme. I spoke with four different Accountant Generals of the Federation since 2012 when I wanted to pay N50k.

“In 2018, I wanted to pay N1m, but I just followed God’s direction and I’ve now paid N2m for a loan of N1,000 I took in 1975 If NEFUND wants me to pay more, I will.”

Laoshe, who took a student loan of N1,200 in 1976, repaid N3.1m, reportedly using a table of average annual exchange rates from 1972 to 1985 from the Central Bank of Nigeria to calculate what he owed the government.

My father and mother didn’t owe student loans. Please, ask your parents to pay up if they are owing. As we, the masses, hold government accountable, we should look at ourselves, too. Surely, Nigeria needs more men and women with conscience.

Email: tundeodes2003@yahoo.com

Facebook: @Tunde Odesola

X: @ Tunde_Odesola

Opinion

Five days in Salvador, Brazil’s Yoruba city, By Farooq Kperogi

Published

1 day ago

August 1, 2026

Trends Admin

Five days in Salvador, Brazil’s Yoruba city, By Farooq Kperogi

For the past couple of years, my wife and I have instituted a yearly self-care ritual of taking at least one vacation in a part of the world we have not visited before. This year, I suggested Brazil for two reasons.

One, my interest in recreational genetics has led me to join Facebook groups where people from all over the world share their DNA results and invite conversation. I was struck by the number of phenotypically white Brazilians who show significant Central and West African ancestry. Although the Brazilians who share their DNA results on social media groups are not representative of the entire population, their results nonetheless signaled to me that African filiation in the country is higher and deeper than most people assume.

Second, I have had a faint familiarity with the surviving vestiges of African, particularly Yoruba, cultural and linguistic influences in Brazilian culture and wanted to deepen my knowledge experientially.

So, we planned a 10-day, three-city vacation. We would visit Salvador, Brazil’s Blackest and fifth-largest city, which has the distinction of being the country’s first capital and is now the capital of the northeastern state of Bahia; São Paulo, Brazil’s commercial nerve center and the most populous city in the Americas; and Rio de Janeiro, Brazil’s second-largest city and its federal capital until 1960, which is also home to the Christ the Redeemer statue, one of the New Seven Wonders of the World.

Because of Salvador’s historical and cultural significance to us, we chose to spend half of our stay there. In this remarkable city, we repeatedly encountered West Africa speaking Portuguese. The resemblance was not always visible in faces. Sometimes it announced itself in food, gesture, rhythm and words whose African ancestry had survived even when their speakers no longer remembered it.

In more ways than I can express, driving and walking through Salvador was redolent of the sights, sounds, occasional smells and rhythms of Lagos.

Except for its exquisitely hilly landscape and its mixed-race and white populations, almost everything else about it reminded me of Lagos. The sight of helmeted “Okada” riders competing with motorists for the road, vulcanizer shops, street vendors, occasional unsolicited car windshield cleaners during traffic jams, bus conductors shouting destinations to attract passengers, open-air markets and the architecture of the buildings could have made me momentarily lose awareness of where I was. Only the phenotypic diversity of the people around us kept reminding us that we were not in West Africa.

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Although Salvador is Brazil’s Blackest city, and the northeastern region is the country’s Black Belt, Black people who look like me are no longer the numerical majority there. They now constitute about 34 percent of the city’s population. Mixed-race people, classified as pardos in Brazil, are the majority, with more than 49 percent of the population. White Brazilians constitute a little more than 16 percent of the city’s population.

Salvador’s demographic changes reflect a broader national trend in Brazil. Brazil’s population went from predominantly Black in 1872 to predominantly white in subsequent censuses and then, for the first time in its census history, to predominantly mixed-race in the 2022 census. According to that census, mixed-race Brazilians now constitute about 45 percent of the country’s population. Whites constitute a little over 43 percent and Blacks a little over 10 percent.

However, although Salvador is now only a little over 30 percent Black, the Yoruba influence in the city is unmistakable. The people depicted in murals are predominantly Black. Representations of traditional attire reflect unmistakably West African aesthetics.

The most recognizable monument to the city’s Yoruba heritage can be found near its center. There stands a historic urban lagoon called Dique do Tororó, distinguished by eight monumental sculptures of Yoruba and Fon-Gbe deities standing in the water.

Designed by the Bahian artist Tatti Moreno, the sculptures represent Oxalá, or Òrìṣà-ńlá; Iemanjá, or Yemọja; Oxum, or Ọ̀ṣun; Ogum, or Ògún; Oxóssi, or Ọ̀ṣọ́ọ̀sì; Xangô, or Ṣàngó; Nanã, or Nàná Bùrùkúù; and Iansã, or Ọya.

Four smaller sculptures on the surrounding land represent Oxumaré, or Òṣùmàrè; Ossain, or Ọ̀sanyìn; Logun-Edé, or Lógun Ẹ̀dẹ; and Ewá, or Yewa. The works were created during the 1990s and have become internationally recognizable symbols of Salvador’s African religious and cultural identity.

We visited the city’s historic Pelourinho neighborhood, where Michael Jackson performed with Olodum, the Afro-Brazilian percussion group whose name recalls Olódùmarè, the Yoruba name for the Supreme Being, and shot his iconic music video for “They Don’t Really Care About Us.”

Pelourinho was once a place where enslaved Africans and others were publicly punished during the colonial period. Today, it is known for its cobblestone streets, brightly painted colonial buildings, churches and strong Afro-Brazilian cultural presence.

There, we also visited the Afro-Brazilian Museum, where we found street vendors selling everything from food and clothing to artwork amid the familiar sounds and movements of African open-air markets.

We explored Salvador’s cuisine, which reminded us of West Africa in several ways. In Salvador, you cannot miss acarajé, which anyone with even a faint familiarity with Yoruba would recognize as deriving from “àkàrà jẹ,” that is, “eat akara.”

Like Nigerian akara, acarajé is made from beans, although the Bahian version is fried in palm oil. Salvador’s acarajé is then sliced open and filled with sautéed shrimp, diced onions and peppers, with chopped okra sometimes added. The acarajé we ate in São Paulo, however, looked and tasted almost exactly like Nigerian akara.

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The women who traditionally fry and sell acarajé are called baianas. They dress in white or other brightly colored dresses with matching headwraps, resembling exaggerated forms of modern West African dress. They could easily pass for our mothers and sisters in almost any part of West Africa.

We also found that Brazilian cuisine is full of something that looked and tasted to us like garri. They call it farofa, a toasted cassava flour prepared in many varieties and often mixed with palm oil. It is served alongside stews, incorporated into other dishes or sprinkled dry as a garnish.

My wife initially thought it was something else. When she tasted it and discovered that it was essentially garri by another name, she remarked that she would not pay good money to fly from the United States to Brazil to eat garri in expensive restaurants.

It turned out that cassava, from which garri is made, came to us in Nigeria by way of Brazil. The Portuguese who introduced cassava to Africa first encountered it in Brazil.

But the similarities in our cuisines did not stop there. On Salvador’s beaches, which have an elaborate nightlife, we sampled several kinds of street food. One that stood out was queijo coalho, often translated simply as coalho cheese, which tasted exactly like wàrà to us. It is a firm, mildly salty Brazilian cheese made from cow’s milk. You buy it ungrilled and beach vendors roast it for you on skewers.

Perhaps the most surprising gastronomic discovery for us on the beaches was the sight of vendors selling what looked, and even tasted, like tsire, the Hausa-style skewered meat, usually beef, coated with a spicy groundnut-based seasoning and grilled over an open fire.

Brazilians call their version espetinho. Although it is not coated in the distinctive groundnut-and-spice mixture used for tsire, it looks every bit like tsire nonetheless. It is served with farofa, vinaigrette-style salad or hot sauce.

Seeing tsire-like meat being sold alongside people hawking sugarcane made me do a double take. Was I suddenly in Kano?

By far the most mind-blowing experience for us was attending two Candomblé ritual ceremonies. Candomblé is an Afro-Brazilian religion rooted in Yoruba and other African traditions. Much of its ritual liturgy is preserved in Yoruba.

I have a working knowledge of Yoruba, and my wife, who attended high school in Ogbomoso for three years, speaks Yoruba even better than I do.

It was a surreal experience seeing Portuguese-speaking Brazilians beating drums and dancing like Yoruba people while reciting incantations, prayers and songs in Yoruba, a language they did not speak conversationally and whose literal meanings many of them did not appear to understand.

Because the ceremonies were not open to everyone, we had to gain access through a tour guide who was an adherent of the faith.

He had given his business a Yoruba name, and because he was as dark-skinned as any regular Nigerian, I assumed he spoke some Yoruba. He did not. But, like the worshippers we encountered at Ilê Asé Opô Aganju, as the shrine is called, he had memorized inherited prayers, chants and songs in Yoruba, much as non-Arabic-speaking Muslims use Arabic in worship.

The ritual language, of course, often preserves older Yoruba forms and pronunciations shaped by centuries of transmission in Brazil.

We encountered an Egúngún, a Yoruba ancestral masquerade preserved in Bahia. Completely concealed beneath an elaborate cascade of brightly colored cloth, the masquerader is regarded as the temporary embodiment of a departed ancestor returning to counsel, bless or discipline the living.

As it danced and lunged through the gathering, a cane or ritual staff enforced a respectful distance, threatening men who obstructed its path and sending spectators scrambling aside.

After the Egúngún ceremony was over and the crowd was dispersing, we heard someone say in accentless Yoruba, “Kí ló dé?” That stopped us in our tracks.

We did not know the context in which he said it, but it fascinated us. Could this be a native Yoruba speaker visiting from Nigeria or the Benin Republic? Could it be a Brazilian who had learned and understood the language?

So, I asked, in my limited Yoruba, who there spoke Yoruba. The person looked in our direction with great surprise and enthusiasm, but we had to leave because it was late and our guide had other commitments.

I will conclude this travelogue next week.

Five days in Salvador, Brazil’s Yoruba city, By Farooq Kperogi

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

Opinion

Stop, CBN! The baby is in the bathwater

Published

2 days ago

July 31, 2026

Trends Admin

Tunde Odesola

Stop, CBN! The baby is in the bathwater

Tunde Odesola

(Published in The PUNCH, on Friday, July 31, 2026)

I invite you to join me on this journey to the Central Bank of Nigeria headquarters in Abuja, where I shall be meeting with the CBN Governor, Mr Olayemi Michael Cardoso. The meeting is neither official nor scheduled, but its importance highlights the potential harm a recent CBN directive portends for the nation’s banking sector.

The trip will be long and windy; I will be driving in my rugged BMW, which can only take a few passengers. So, the privilege to be on the trip will be on a ‘first come, first served’ basis. The journey is a rescue mission! The CBN is about to disrupt the equilibrium in the banking sector over advertisement fines, giving no room for feedback or consultation with stakeholders. Even the itinerant thrift collector, Bàbá AlájọṢómólú, talks with stakeholders.
Having traversed the nation’s banking corridors for forty-four years, with nearly three of those years as the helmsman at CBN, it is not too much to expect Cardoso, at 69, to possess the wisdom of an elephant.

I looked up Cardoso’s name half‑expecting to find “Solomon” tucked in the middle; instead, I found “Michael.” And the more I weighed both names, the clearer it became that Michael suits him better. Archangel Michael stands for protection and justice, flaming sword in hand, while Solomon’s famed judgment has long been questioned by ethicists who argue that no ruler should threaten or appear willing to endanger an innocent child, insisting that the outcome of Solomon’s judgment depended on emotional reaction, which could have been mistaken.

Instructively, the case I’m discussing with Cardoso rests more on protection and justice than wisdom, though justice rarely walks without wisdom in its shadow.

It was in the groundbreaking book, “Frames of Mind: The Theory of Multiple Intelligences,” written by Harvard professor Howard Gardner and published in 1983, that I discovered why I always muddle up music notes whenever I sing. It was Gardner’s book that told me music intelligence was among the eight types of intelligences there are. Gardner’s work opened my eyes to a moment of epiphany when I realised that no matter what I do, I can never sing according to notes because I do not possess music intelligence. Just look in my direction if you’re looking for the king of ‘off-beat’ singing. You won’t have to mock me for too long though, as I shall enrol in a music school soon.

But Bob Marley wasn’t beset with my “off-key” fate. Still the greatest reggae music band after 45 years of dissolution, Bob Marley and the Wailers bequeathed to humanity timeless songs such as ‘One Love’, ‘No Woman, No Cry’, ‘War’, ‘Buffalo Soldier’, ‘Exodus’, ‘Could You Be Loved’, ‘Three Little Birds’, and many more. The acronym of Marley’s evergreen band is BMW.

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If you ask me which I prefer between going down on bended knees before a cheering crowd in the street, engagement ring in hand, asking my beloved, “Will you marry me?” and holding my partner in high esteem at all times? I would choose the latter. What is the essence of public display of affection when the man is a King Kong at home?

Anyway, the whole essence of dating and courting becomes promising when the man proposes and tells the lady to “Be My Wife”: BMW.

Germany produced Adolf Hitler, the mass murderer. It also gave the world great men like Karl Marx, Beethoven, Goethe, Kant, Nietzsche, Engels, and Bismarck, even as the auto world owes gratitude to Germany’s genius, which produced Mercedes-Benz, Porsche, Maybach, Volkswagen, Audi, Opel, etc.

Germany is also the home of Bayerische Motoren Werke, the makers of my very first car, a three-series BMW. Is there someone who didn’t like their first car? I was besotted by my darling BMW. Young and dashing, with a dream job in hand, my silver BMW represented the five stars on the epaulette of a bachelor ready to explore possibilities, promise and passion.

One day, I took my BMW to my panel beater, whose shack flanked the Central Bank of Nigeria, Akure branch. I had just bought a stereo and the gadget wasn’t sitting properly in the radio cavity. The stereo jutted out a jot from the cavity, and I felt the panel beater would have a device to slightly expand the cavity for the radio to sit smugly.

“I’ll be back soon,” I told the guy as I trekked to my bank across the road. When I got back from the bank, the panel beater sprouted from under a car; a big smile spread on his face. “I have finished your work,” he beamed. I joked with him as I paid him his charge, and we both walked to my BMW. I got into my car and froze as I looked at the radio.

The stereo was right there sitting in the cavity. But the panel beater had gouged a big hollow under the cavity to allow the stereo to fit in, leaving an unsightly gash, like missing incisors. I looked at him for an explanation. Heartily, he sprinted from my side to the passenger’s side, got into the car and regaled me about the genius he employed to perform the magic.

I felt like punching him right in the face. But the close range he was to me in the car wouldn’t allow me to deliver the type of punches I wanted. I was too angry to talk as I watched him fiddling with the stereo and telling me the wisdom that produced his act of vandalism. So, I got out of the car, paced about as I wrestled with the thoughts of how best to avenge the wanton destruction.

When other craftsmen saw my state, they abandoned what they were doing and came over to me, asking, “Ọ̀gá, kíló ṣẹlẹ̀. Wetin happen?” It was the panel beater who answered the questions. “Ọ̀gá ń bínú nítorí iṣẹ́kékeré tí mo ṣe ni,” he announced, smiling, “Ọ̀gá is angry because of the little job I did.” So, his colleagues went to the car to see the little job he did. Everyone was aghast, vehemently condemning his stupidity and calling him names.

I got into my car and drove off with my stereo. I didn’t even remember to collect the money I paid him. That was about 30 years ago.

The panel beater’s reckless solution – a crude fix that destroys what it intends to improve – is exactly what the CBN is about to inflict on Nigeria’s banking sector. A badly worded directive that threatens to deduct from the Cash Reserve Ratio kept with the CBN, following a five-day ultimatum, is not regulation. It is panel beaters at work at the CBN

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Now, let’s unbare the issues. In a July 24, 2026, circular to all commercial banks aka Deposit Money Banks (DMBs), the CBN recalled a November 27, 2025, circular, alleging that many banks had failed to comply “with regulatory provisions on advertisement,” thereby ordering “immediate withdrawal of non-compliant advertisements”.

The latest circular entitled “Imposition of Regulatory Sanctions For Breaches of Advertising Requirement,” goes on to say that the CBN had conducted a review of non-compliant advertisements, promotions and related communications by affected commercial banks, adding that “continued circulation of non-compliant advertisements and promotional materials after the November 27, 2025, circular” has attracted fines that run into billions of naira across the banks. My investigation revealed that over 95% of commercial banks are affected in a wave of fines that range between N250m and N500m.

Accusing the affected commercial banks of unprofessionalism in their advertisements, the CBN alleged that, “Misleading claims, omitted conditions and prohibited inducements distort consumer decisions, cause avoidable harm and give non-compliant institutions an unfair advantage over those that observe the rules.” The apex bank added that “penalties are imposed pursuant to Section 95(f) and (g) of BOFIA 2020,” stressing that “the sanctions reflect the nature, severity and persistence of the breach, as well as the consumer protection risks arising therefrom”. BOFIA is the Banks and Other Financial Institutions Act. It encourages sound banking practices and the prevention of misleading representations in promotions and gambling-like advertisements.

To put the scenario in perspective, a layman’s explanation would suffice. The CBN is frowning on advertisements and promotional materials that say bank customers can win a certain amount of money if they participate in a promotion. In the wisdom of the CBN, such a promotion is unethical because not all bank customers can win the promised package.

As good as CBN’s oversight appears in this context, it will amount to cutting off the nose to spite the face if Cardoso does not take a critical look at the whole process holistically. For example, the banks coming under the hammer of the CBN obtained approvals from relevant statutory regulators such as the Advertising Regulatory Council of Nigeria (ARCON) and the Federal Competition and Consumer Protection Commission (FCCPC). Does this mean that the alleged breaches the CBN is complaining about are different from the laws of the nation’s apex regulatory bodies for advertising and consumer protection? Are there two sets of advertising and consumer protection laws in the country? Should there not be a consultative meeting among the CBN, the affected banks and the nation’s advertising and consumer protection bodies so that a proper perspective of all the issues could be unfurled before commercial banks’ balances with the CBN are deducted?

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Given the interconnected nature of the banking system in Nigeria, as is the case in most jurisdictions around the world, the practice of deducting regulatory penalties directly from commercial banks’ accounts maintained with the Central Bank of Nigeria (CBN) carries the risk of creating unintended disruptions. Such deductions can adversely affect the liquidity reserves of Deposit Money Banks (DMBs), funds that ultimately underpin customer deposits and financial obligations. Consequently, while regulatory sanctions are an important tool for enforcing compliance, care must be taken to ensure that their implementation does not inadvertently undermine the very financial stability and depositor interests that the CBN is mandated to protect. This concern becomes particularly relevant for several reasons.

Except the CBN takes the role of another panel beater, it should be crystal clear that if substantial penalties are debited directly from a bank’s balances maintained with it, the following industry implications may arise:

Firstly, deductions may temporarily reduce the affected bank’s liquidity position, particularly where the sanction is significant and applied without prior provisioning.

Also, the penalties may negatively impact profitability by reducing earnings available to shareholders and limiting resources that could otherwise be deployed for lending, technology investments, branch expansion or customer service improvements.

It should be noted that widespread industry sanctions can create operational pressure on banks, prompting emergency compliance reviews, forensic audits and the diversion of management attention from business growth initiatives to regulatory remediation efforts.

If the sanctions are imposed simultaneously on a large number of banks, the cumulative effect could tighten liquidity within the banking sector, albeit temporarily, depending on the magnitude of the deductions and prevailing market conditions.

Such actions may increase regulatory risk perceptions among investors, potentially affecting market sentiment, valuation metrics and confidence in the stability of the operating environment.

And there may be reputational consequences for affected institutions, particularly where sanctions receive extensive media coverage. Customers and counterparties may seek explanations regarding the nature of the breaches, even where the infractions relate to historical marketing materials rather than prudential or solvency concerns.

However, arguing from a regulatory perspective, the CBN may contend that enforcement actions are necessary to preserve market discipline, promote consumer protection, ensure compliance with BOFIA, and maintain confidence in the banking system. Sound argument!

But what is the motive behind a punitive circular that does not state the particular infractions committed by respective banks – in the face of the fact that most of the alleged infractions had been corrected by some of the banks? Why issue sanctions without allowing affected banks to respond and present their cases? By holding affected commercial banks by the jugular, without giving room for fair hearing, the CBN has chosen to be draconian. This is a disturbing trend.

I strongly think that the CBN should look inwards and evolve an organic solution to the sectoral challenge because where the alleged infractions relate to historical advertisements already withdrawn by banks, and where there is no evidence of customer loss, financial instability, fraud or prudential misconduct, a collaborative remediation framework may achieve regulatory objectives more effectively than punitive sanctions of a magnitude capable of affecting industry liquidity and operational efficiency

Cardoso, I have laid out the cards. Please, deal wisely. Use your flaming sword of protection and justice fairly.

Email: tundeodes2003@yahoo.com

Facebook: @Tunde Odesola

X: @Tunde_Odesola

Stop, CBN! The baby is in the bathwater

Opinion

Osun election: Àtàọ́ja should stop running joro-jara-joro

Published

1 week ago

July 24, 2026

Trends Admin

The Àtàọ́ja of Osogboland, Oba Jimoh Olanipekun

Osun election: Àtàọ́ja should stop running joro-jara-joro

Tunde Odesola

(Published in the PUNCH, on Friday, July 24, 2026)

It’s midmorning in Àtàọ́ja’s palace. The sun beamed a friendly smile, quite different from the furious furnace it was preparing for the afternoon. As gently as the breeze caressed the trees in the palace, two pigeons landed on silent feet in the courtyard. They were on a joint mission. To scavenge. Looking right and left, up and down, beaks at work, wings at the ready, the bouncy birds pecked food in the palace soil. For the male and female pigeons, danger lies not in flying; it lies in walking. Sycophancy walks naked on the palace grounds.

Even the king’s kààakí was caught unawares. It couldn’t herald what was about to happen because everything occurred at a dizzying speed. The Àtàọ́ja, Oba Jimoh Olanipekun, ran out from the inner recess of the palace, his agbada òfì billowing in the Osogbo wind; kira-kita, kira-kita, the king bolted like Usain Bolt. Where is the king running to?

In his breakneck flight, Àtàọ́ja Osogbo forgot to wear his neck beads! I-m-a-g-i-n-e! But he luckily remembered to wear his cap. I suspect it was ancestral forefathers known as ‘àwọn alálẹ̀’ who reminded him to wear his shoes. Otherwise, the king might have appeared out of sorts at the state government event he was fleeing to.

Thankfully, when Àtàọ́ja Olanipekun reached his destination, he still had some breath in his lungs. He sat down, resplendent in white and blue agbada, clenched the microphone and confessed in Yoruba, “Ẹ̀ ri pé ń ò kólẹ̀kẹ̀ ọ́rùn? Mo sáré dé hin ni. Tí a bà á wá, wọ́n á ní, ‘Háà, kò mọ̀ le bọ́ta mọ́!’ Gbogbo ohun tí wọ́n ń sọ là ń gbọ́.”

I’ll translate the king’s speech in English: “Can’t you see that I am not wearing my royal beads? (It is because) I ran to this event. Because if I did not come, they would say, ‘Ha! He cannot come out again!’ We hear everything that they (opposition) are saying. I will not stop eulogising Adeleke Jackson Nurudeen for his excellent performance in Osun State.”

Unfortunately, Olanipekun thinks that by singing himself hoarse on the praise of ebullient Governor Ademola Adeleke, he is giving the re-election bid of the Asiwaju of Ede a boost. No, he is not. If he was, the apex socio-cultural association of Osogbo sons and daughters, the Osogbo Progressive Union, would not openly criticise him for publicly canvassing support for Adeleke and attacking the opposition on many occasions.

The penis of the bird does not dangle outside; it is tucked inside the bird, says a Yoruba proverb. This proverb preaches decorum. If the king had been decorous like other Osun kings, who, though, have their favourites among the governorship candidates, but who have kept their support within the ambit of decency, the OPU wouldn’t have embarrassed him with a public disclaimer.

The Timi of Ede, Oba Muniru Adesola Lawal, had been an exemplar in his support for Adeleke, who hails from his domain. The Timi had been regal: zero aggression, zero hate words, zero campaign against other parties. Oba Timi has shown emotional intelligence while fully supporting Adeleke, his son. That is how to be a father to all subjects. Of course, if Timi was blindfolded at the polling booth on election day, his royal thumb would still locate Accord Party on the ballot, whereas some carricachop from another land is claiming to know Ọ̀ṣọ́ more than Ọ̀ṣọ́’s mother.

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It’s undignifying for the elderly to run helter-skelter, says a Yoruba proverb distilled in these words, “Gbàmí, gbàmí ò ye àgbà.” Another proverb that cautions against kùrùkẹrẹ movement says, “Ẹní wọ bàtà ẹsẹ̀ òsì méjì, ó níbití ó ń lọ.”

The importance of royal objects such as crown, beads and staff is interrogated in the seminal work, “Yoruba: Nine Centuries of African Art and Thought,” written by Henry J. Drewal et al, and published by The Centre for African Art, New York, in 1989. Similarly, the royal totems – crown, beads and staff – are also a subject of scholarship in Rowland Abiodun’s “Yoruba Art and Language: Seeking the African in African Art,” published by Cambridge University Press in 2014.

Drewal and Abiodun aver that in Yoruba thought, the crown, beads and staff are sacred totems that signify divine authority, spiritual protection, leadership, ancestral continuity, and the king’s covenant with the people and the gods.

In both books, the crown is regarded as a sacred emblem containing the spiritual essence that connects the present with the past. Royal beads signify dignity and prestige, abundance and prosperity, and spiritual energy. The staff is an instrument of authority, justice, fairness, and protection.

Joro-jara-joro is an onomatopoeic word that means helter-skelter. Onomatopoeic words are words that sound like their meanings. Examples: buzz, hiss, slap, sleep, twinkle, jab, splash, tear, bang, etc. Joro-jara-joro was amplified by Afrobeat creator Fela Anikulapo-Kuti in his 1976 song, “Zombie”, which mocks Nigerian soldiers’ blind allegiance to dictatorship.

In “Zombie”, Fela caricatures Nigerian soldiers as unthinking brutes whose sole skill is to chaotically rove joro-jara-joro against the masses, like zombies on the mission to “go and kill, go and quench, go and die”. Fela sings, “Zombie way na one way; joro-jara-joro/No break no jam, no sense; Na joro-jara-joro….”

There would have been no reason to write this article because I had made my intention clear enough in an earlier article entitled, “Governor Adeleke and a tale of three Àtàọ́jas,” published in The PUNCH on Friday, July 17, 2026. My preoccupation in the article was to call the attention of the monarch to some of his unkingly utterances. My intention wasn’t political. But an insinuation, especially from some irritating ‘e-rats’ and ‘data boys’, who attempted to paint my intervention in political colours, made this sequel inevitable.

In line with their zombie mentality, a particular ‘e-rat’ along with his fellow ‘data boys’ accused me of meddlesomeness and maintained that it lies within the rights of the Àtàọ́ja to express support for any candidate of his choice.

Clearly, the accusation of meddlesomeness was borne out of dripping ignorance. If not, an enlightened mind would see that the actions of the Àtàọ́ja diminish his traditional stool that represents the Yoruba worldview of unity, morality, justice, fairness and equity. The allegation that the Àtàọ́ja had the right to support any candidate of his choice is valid to the extent that such a right must not violate the principles of fair play, rule of law and decency.

By openly calling the opposition names in a viral video, did the Àtàọ́ja adhere to the principles of fairness and tolerance? By his vitriolic speeches, was he not stoking the embers of strife? If I could be provided with the evidence of one Osun traditional ruler who had been as politically intolerant as the Àtàọ́ja, against the ruling party, I shall tender an apology in my next article.

In one of the bad-taste videos, the Àtàọ́ja arrogantly disclosed how he rejected wise counsel by a concerned citizen, who told him the danger in his public support for Adeleke over other candidates. His words, “One of my people asked me why I am so audacious to the extent of overly supporting one candidate (Adeleke) over others; what if he doesn’t win?”

The king answered the worried citizen. Àtàọ́ja opened his mouth and played god, declaring with finality: “He will win.” Olanipekun’s divisive posture is most unbecoming of an ọba, whose palace should be an abode to seek conflict resolution by his subjects, including politicians. Àtàọ́ja should not be the epicentre of conflict.

In the recent past, I have ventilated my views on the actions of the Ooni of Ife, Oba of Lagos, Apetu of Ipetumodu, Alapomu of Apomu, Oluwo of Iwo, and Emir of Ilorin, among other traditional rulers. I strongly believe that it behoves the citizen to hold traditional rulers to the highest standards because the traditional institution embodies the ethos and pathos of a race.

For ‘e-rats’ and ‘data boys’, whose stock-in-trade is abuse, there is a lesson in the conduct of a member of the House of Representatives, Bamidele Salam. Salam is my friend of over 20 years. Though we have had moments of sharp disagreement, emotions never boiled over to name-calling.

One day, BS, that’s Salam’s nickname, saw my Facebook post on Governor Adeleke. In the post, I advised the governor against excessive dancing and to shear off some personalities who were following him about like houseflies following the wound on a dog’s ears. In the Facebook post about three years ago, I cautioned that the image of the governor dancing to the faintest of drumbeats amid a retinue of hangers-on was not good.

As soon as BS saw the post, he reached out to me on the phone and said, “Ọ̀rẹ́, ọ̀rọ̀ ò rí bẹ́yẹn o. Your post does not reflect the great work Adeleke is doing in Osun…” I smiled from the other end of the phone because Bamidele was pushing Adeleke’s narrative while ignoring the kernel of my Facebook post. When I insisted on the need for the governor to do better in regard to dancing, Bamidele said every man was a work in progress, including me. Bamidele’s example is how to engage intelligently; a lesson government and opposition ‘e-rats’ and ‘data boys’ should learn.

The demarcation between a ruling party and an opposition party is nebulous. Practically speaking, ideological philosophies among Nigeria’s political parties are nonexistent. This is why Àtàọ́ja should be careful in his untraditional support for Adeleke. The Adeleke he sees in the Accord Party today could be in the All Progressives Congress tomorrow. Olanipekun should not burn the bridge of friendship today because he might need to use the bridge tomorrow.

This is the lesson Àtàọ́ja Olanipekun should see in his recent visit to President Bola Tinubu in Abuja. When politicians do their thing, a respectable ọba should maintain a dignified distance. He should not be in the fray.

Are you shocked that Kabiyesi Olanipekun was in Aso Rock a few days ago? Yes, he was. As a guest of President Bola Tinubu. This is the story of how the monarch used one stone to kill two birds. Àtàọ́ja’s daughter was graduating from the Law School in Abuja. An influential Osun State indigene, worried by the king’s intolerant posture against the Osun All Progressives Congress, had arranged for the king to meet with the President. It took some time for the king to meet the President.

During their meeting, the President expressed worry over Àtàọ́ja’s political remarks against the APC in Osun, urging him to allow for a level playing field. I gathered that Àtàọ́ja told the President that he was sold on the Adeleke ticket. Personally, I do not fault Àtàọ́ja’s position – supporting a candidate of his choice; it’s his brickbat approach that is reproachable.

If Tinubu could open his doors to Olanipekun and sit down to dialogue with him, who says there cannot be a dialogue between Tinubu and Adeleke? And if a dialogue occurs between the two and an agreement is struck, would the king not feel uneasy relating with his ‘enemies’ in the APC? The king should always spare a thought for the flip side of things. That is what the wise do.

“Àgbàlagbà kìí ṣe lángbá, lángbá,” is a cautionary proverb for reckless elders. The pit of animosity must not be dug too deep because the digger might fall into it. A word is enough for the wise.

Kabiyesi Àtàọ́ja, kara o le o.

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Email: tundeodes2003@yahoo.com

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