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Nigeria @62: More Knocks; Few Kudos

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As Nigeria clocks 62 today, The Tide takes a look at how the country has fared since attaining independence in 1960, using people’s opinions as basis. Expectedly, people differed in their assessment. While many Nigerians said the country has failed to realise the dreams of its founding fathers, others described the present situation in the country as a process of nation building, expressing the hope that the country will soon overcome its present challenges.
Below are some of the views got by our correspondents.
Speaking with The Tide at his palace at Woji, the Paramount Ruler of Woji community, Eze Emeka Ihunwo, said the country was at a zero level at the moment.
Ihunwo said it was regrettable that the country at 62 was still grappling with the challenges of insecurity and bad governance.
“Nigeria at 62; we are at zero point: Insecurity in this country has rubbished Nigeria.
“I wouldn’t know if insecurity has added to make our money look like rag. I can’t understand! Today, there is inflation; at the same time, people are being killed at will”, he said.
The Woji monarch said for Nigeria to get it right, people must do away with tribalism, and wondered why people in their 80s still want to govern the country when they are quality, competent young men everywhere.
He commented the Rivers State Governor, Chief Nyesom Wike, for his purposeful leadership in the state.
Also speaking, the Okan-Ama of Ataba Kingdom in Andoni Local Government Area, King Benson Mgbowaji Egwenre Oruk, said the country has disappointed its founding fathers.
He said that at 62, the country has not met the expectations of her people, nothing that Nigeria has continued to slide into a pariah state.
He also said that gone were the days when Nigerian currency was at per with the American Dollar and the British Pounds, adding that at the moment, the Naira had been reduced to nothing.
Egwenre said what was needed at the moment was a committed and God-fearing leader to pilot the affairs of the state.
The royal father also commended Governor Nyesom Wike for providing quality leadership in the state.
He used the occasion to call on politicians in Ataba Kingdom and the rest of Andoni to embark on issue-based campaigns while urging the people to remain peaceful.
However, in his opinion, the EzeIgbu Ubie 111 in Ahoada West Local Government Area, Eze Okpokiri Maxwell, said Nigeria was passing through its period of growth and development.
He said the dreams of the founding fathers had not been misplaced as every nation has her challenges.
The royal father said political independence has brought freedom to Nigerians, stressing that all challenges presently confronting the country would be surmounted one day.
Speaking further, an activist, Prince Williams Chinwo, also decried the dwindling fortunes of Nigeria, and expressed the hope that the country would come out of the conundrum one day.
For a university lecturer with the Rivers State University, Dr Monday Didia, Nigeria at 62 ought not to be celebrated given the rate of killings and economic downturn in recent times.
Didia said that no parent would be happy to birth a child like Nigeria who has chosen to be a toddler at 62.
“I don’t think Nigeria at 62 is worth celebrating unless for the fun of it. How can we celebrate nothing? Ranging from the economy to the least, no remarkable impact has been made”, he said.
The university don frowned at the over seven months industrial strike embarked by the Academic Staff Union of Universities (ASUU), which he said has caused setback in the education sector.
Another respondent, Mr Bobby Amadi, an agriculturalist, described Nigeria as a near failure at 62.
Amadi recalled the oil boom era in the early1970s and how farmers were seen as lords, regretting that Nigeria squandered the oil money on frivolities and became poor.
He narrated how the Malaysians took palm seedlings from Nigeria and has become the highest producer of palm oil in the world while the natural owner of the product [Nigeria] trails far behind.
“Well, we are Nigerians, what we are celebrating is Independence Day and nothing more. The reason is that we cannot sincerely point out one thing that we have independently achieved”, he said.
Meanwhile, a top Immigration Officer, who pleaded anonymity, noted that Nigerians were leaving the country in droves for other parts of the world due to bad governance..
According to him, passport offices throughout the country are busy everyday attending to applicants who want to leave the country with their families in search of greener pasture.
A political scientist and lecturer at the Ignatius Ajuru University of Education (IAUE), Port Harcourt, Dr Oboada Alafonye Uriah, said Nigerians are wallowing in a vicious cycle of development.
‘’You prove to be developing, but you improve by six steps forward and then you move seven steps backwards. So, are we really making progress? No, we are not’’.
He lamented the high level of insecurity, economic hardship and poor standard of education in the country.
‘’Nigeria has depreciated to the level that every right thinking Nigerian should be worried about whether we have the country Nigeria or not. In fact, Nigeria has failed. By all standards, we have failed’’, he lamented.

As a way forward, Uriah advocated transparency and accountability in governance, saying once there is sanity at the top, it will permeate every sector,

Another respondent, Barrister Sunny Igwe, who is a legal practitioner, said Nigeria at 62 is painful ‘’because we appear visionless’’.

He said that in spite of Nigeria’s abundant human and natural resources, the country is wallowing in misery and penury due to what he called ‘’visionless leadership’’.
He wondered why the country keeps on spending trillions of Naira on fuel subsidy when we should have used the money to fix the nation’s four refineries.
He, therefore, urged Nigerians to elect good leaders who have the potentials to move the nation forward.
Speaking in the same vein, a banker, Erasmus Amakiri, described Nigeria at 62 as a complete failure.
He said Nigeria is going backwards in the area of economy, power supply and job creation.
‘’Beside this, Nigeria is owing a debt that even our great-grand children can not pay off. Over N4trillion. That’s crazy. We are not making progress, for me, Nigeria is a complete failure.
‘’It’s my country. I love it, but then, the leaders are not helping us. At 62, we are supposed to be grown-ups but we are still like babies’’, he said.
A Medical Doctor and Head of Department, Pharmacology, Rivers State University (RSU), Dr Ekene Woke, also hit Nigeria below the belt.
According to him,’’there is nothing to celebrate or remember about it. A 62 year-old is a full grown man and should be able to correct his mistakes but to Nigeria, the reverse is the case. We have learnt nothing from our past mistakes. The country is at war at itself. Citizens are being killed every day and government can only give excuses at every time.
‘’Nigeria at 62 is a complete failure. Which area is left out? Is it water? Water is a basic necessity of government but people are using borehole for their water supply. Is it security? People are building up vigilantee. The state police has been shut down by people who are benefiting from the system. It’s only Nigeria that copied the federal system from the USA but only removed the part of state police for reasons that people don’t understand.
‘’However, the only thing we can celebrate in Nigeria is that the country has not divided. But the unity must have reasons to make the citizens happy. If we have been divided, things would have been much worse than this. So, we only have celebration of unity.
In his own view, President, National Association of Surface Tank Oil and Gas Retailers of Nigeria and Professor of Engineering, King Onyeche Promise Obinna, said that Nigeria has not got it right with leadership.
He said Nigeria needs a purposeful and creative leadership that could turn things around for the better, noting that the ability to provide policies of governance that will generate and recreate wealth and make it envy for all nations is lacking.
However, Prof Isaac Zeb-Bipi of the Rivers State University, said Nigeria has experienced some positive changes in the area of education.
‘’At least, now we can talk about having more institutions both at the primary, secondary and tertiary levels. We can talk about the introduction of private institutions to complement public schools. We can talk about producing a good number of our citizens through these institutions for them to be able to read and write’’, he said.
He, however, said that the nation’s education could have done better in the area of infrastructure and manpower if right policies were put in place.
‘’Yes, we could have done better in terms of having schools that are well equipped, we could have done better in terms of having products of these schools that are properly and thoroughly educated, we could have done better by having education providers properly catered for, we could have done better by having our institutions meet the demands of industries’’, he said.
Zeb-Bipi hailed the state of infrastructure at the Rivers State University, attributing it to the visionary leadership of Governor Nyesom Wike and the pragmatic leadership of the Vice Chancellor, Prof Nlerum Sunday Okogbule.

BY: Tonye Nria-Dappa, Lady Godknows Ogbulu, John Bibor,
King Onunwor, Susan Serekara-Nwikhana & Oreoluwa Adigun

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Tinubu Orders Security Chiefs To Restore Peace In Plateau, Benue, Borno

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President Bola Tinubu has ordered a security outreach to the hotbeds of recent killings in Plateau, Benue and Borno States, to restore peace to areas wracked by mass killings and bomb attacks.
National Security Adviser, Nuhu Ribadu, disclosed this to State House correspondents after a four-hour security briefing with the President at the Aso Rock Villa, Abuja on Wednesday.
“We listened and we took instructions from him. We got new directives…to go meet with the political authorities there,” Ribadu told reporters, adding that Tinubu directed them to engage state-level authorities in the worst-hit regions.
Director-General, National Intelligence Agency, Mohammed Mohammed; Chief Defence Intelligence of the Nigerian Army, Gen. Emmanuel Undianeye; Director-General, Department of State Services, Oluwatosin Ajayi and Chief of Staff to the President, Femi Gbajabiamila, appeared for the briefing.
The Tide’s source reports that in Plateau State, inter-communal violence between predominantly Christian farmers and nomadic herders spiralled into gory slaughter when gunmen stormed Zikke village in Bassa Local Government early on April 14, killing at least 51 people and razing homes in a single night.
In Benue, at least 56 people were killed in Logo and Gbagir after twin assaults blamed on armed herders.
Meanwhile, in Borno State, eight passengers perished and scores were injured when an improvised explosive device ripped through a bus on the Damboa–Maiduguri highway on April 12.
Ribadu explained that after an extensive briefing, intelligence chiefs received fresh instructions to restore peace, security and stability across Nigeria.
“In particular, Tinubu had ordered immediate outreach to the political authorities in Plateau, Benue and Borno States, and the defence team had gone round those States to carry out his directives and report back.
“We gave him an update on what has been the case and what is going on, and even when he was out there, before coming back, he was constantly in touch. He was giving directives. He was following developments, and we, in charge of the security, got the opportunity today to come and brief him properly for hours. And it was exhaustive.
“We listened and we took instructions from him. We got new directives. The fact is, Mr. President is insisting and working so hard to ensure that we have peace, security and stability in our country. We gave him an update on what is going on, and we also assured him that work is ongoing and continues.
“We also carried out his instructions. We went round, the chiefs were all out where we had these incidents of insecurity in Plateau State, Benue State, even Borno, these particular three states, and we gave him feedback, because he directed us to go meet with the political authorities there,” the NSA explained.
Ribadu described Tinubu as “worried and concerned,” and said he directed that all security arms be deployed around the clock.
The government, he added, believes these steps have already produced measurable improvements, even if the situation is not yet 100 per cent safe and secure.
“He’s so worried and concerned, he insisted that enough is enough, and we are working and to ensure that we restore peace and security and all of us are there. The armed forces are there, the Civil Police, intelligence communities, they are there.
“They are working there 24 hours, and we feel that we have done enough to believe that we are on the right course, and we’ll be able to be on top of things,” Ribadu stated.
The NSA emphasised that combating insecurity was not solely a Federal Government responsibility.
He stated, “The issue of insecurity often is not just for the government. It involves the subunits. They are the ones who are directly with the people, especially if some of the challenges are more or less bordering on community problems.
“Not entirely everything is that, but of course it also plays a significant role. You need to work with the communities, the local governments, and the governors, especially the governors.
“The President will continue to direct that. We should be doing that, and that’s what we are able to. We are very happy and very satisfied with the instructions and directives given by Mr. President this evening.”
In Borno State, the NSA noted that while violence had surged in recent months, the insurgents refused to accept defeat.
He warned that most recent casualties there resulted from improvised explosive devices—”cowardly” IED attacks targeting civilians—and from opportunistic raids that follow any lull in fighting.
“We are getting the cooperation of the leadership at the state level, and everybody. It’s not 100 per cent…but we are going there.
“When you are having peace and you are beginning to get used to it, if one bad incident happens, you forget the periods that you enjoyed peacefully,” he added.
He paid tribute to the “many who do not sleep, who walk throughout, who do not go for any break or holiday”—the soldiers, police and intelligence officers whose sacrifices have created the fragile calm Nigerians now experience.
“They will continue to be there,” he said, adding, “Things have changed in this country…we are on the right track and we will not relent. We will not sit down; we will not stop until we are able to achieve results.”

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FG Laments Low Patronage Of Made-In-Nigeria Products

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A Federal Government agency – the National Agency for Science and Engineering Infrastructure, has decried the low patronage of Nigerian-made products by Nigerians.
The agency identified some challenges leading to the low patronage of the local products as affordability and public perception, among others.
Speaking during a stakeholders meeting organised by the agency in Akure, Ondo State capital, yesterday, the Deputy Director of Engineering at NASENI, Mr Joseph Alasoluyi, said Nigerians preferred buying foreign goods compared to local goods.
Alasoluyi, however disclosed that the agency had trained over 50 participants in the production of hand-made products, in a bid to ensure Nigeria-made products are patronised.
He explained that NASENI was set up to promote science, technology, and engineering as a foundation for Nigeria’s development and currently operates 12 institutes nationwide to achieve its objectives.
According to him, the aim of President Bola Tinubu, who is also the overall chairman of NASENI, was to ensure high production and patronage of “our local products thereby creating employment opportunities for many.”
He said, “The idea of this programme is to interface to ensure we produce products using our indigenous technology. This is what NASENI is out for, to ensure that homegrown technologies are encouraged.
“We are out there to ensure we integrate efforts to ensure that local technology is used to develop products within the resources we have.
“ The NASENI’s ‘3 Cs’ – Creation, Collaboration, and Commercialisation – that define NASENI’s strategic mandate: Creating innovations through research, Collaborating with partners to develop and refine products, and Commercialising these solutions to benefit the economy.
“Our achievements include the development of solar irrigation systems, CNG conversion centres, building machines capable of producing up to 1,000 blocks per hour, 10-inch tablets, locally made laptops, and electric tricycles (Keke Napep) set for market launch.”
In his remarks, the Deputy Vice Chancellor of the Federal University of Technology, Akure, Prof. Samuel Oluyamo, blamed the Federal Government for not properly funding research in the varsities, also noting that many research outputs were left halfway due to lack of funding and weak linkages between research institutions and industry.
Oluyamo also queried the Federal Government’s commitment to funding research and development, saying many academic innovations remained on the shelve due to a lack of support for commercialisation and poor infrastructure.
“Until we upscale research into mass production, technological growth will remain elusive. The government is not funding research in the universities enough. Thank God for TETfund that is trying in this regime. The major interest in beefing up research in universities and research institutions is really not there,” he said.

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Nigeria Seeks Return To JP Morgan Bond Index

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The Director-General of the Debt Management Office, Patience Oniha, has said that Nigeria is in advanced discussions with JP Morgan to re-enter the Government Bond Index and renew investors’ confidence.
Oniha disclosed this on Wednesday at a Nigerian Investors’ Forum on the sidelines of the World Bank and International Monetary Fund Spring Meetings in Washington, D.C.
The DMO boss explained that Nigeria has enjoyed favourable credit assessment among rating agencies in recent times on the back of the sweeping reforms initiated by the Central Bank of Nigeria.
Fitch Ratings recently upgraded the Long-Term Issuer Default Ratings of seven Nigerian banks and two bank holding companies to ‘B’ from ‘B-‘, noting that the outlooks are Stable.
The affected issuers are Access Bank Plc, Zenith Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Limited, Guaranty Trust Holding Company Plc, First HoldCo Plc, First Bank of Nigeria Ltd, Fidelity Bank Plc and Bank of Industry Limited.
The upgrades of the Long-Term IDRs of the banks followed the recent sovereign upgrade and reflect Fitch’s view that Nigeria’s sovereign credit profile has become less of a constraint on the issuers’ standalone creditworthiness, the rating agency said.
Fitch also upgraded Nigeria’s Long-Term IDRs to ‘B’ from ‘B-‘ on 11 April, a decision that reflected increased confidence in the government’s broad commitment to policy reforms implemented since its move to orthodox economic policies in June 2023, including exchange rate liberalisation, monetary policy tightening and steps to end deficit monetisation and remove fuel subsidies.
“These have improved policy coherence and credibility and reduced economic distortions and near-term risks to macroeconomic stability, enhancing resilience in the context of persistent domestic challenges and heightened external risks,” Fitch said.
Nigeria was removed from the JP Morgan index in 2015 ostensibly due to its deviation from orthodox monetary policies and influence of capital control in its management of foreign exchange.
Principally due to reduction in oil revenues at the time, Nigeria introduced currency restrictions to defend the naira after it failed to halt a dangerous slide with burning of dollar reserves. The bank had earlier warned Nigeria to restore liquidity to its currency market in a way that allowed foreign investors tracking the index to conduct transactions with minimal hurdles.
“Foreign investors who track the GBI-EM series continue to face challenges and uncertainty while transacting in the naira due to the lack of a fully functional two-way FX market and limited transparency,” the bank said in a 2015 note.
Nigeria was listed in JP Morgan’s emerging government bond index in October 2012, after the Central Bank removed a requirement that foreign investors hold government bonds for a minimum of one year before exiting.
The JP Morgan Government Bond Index reflects investor confidence and opens doors to billions of investment flows, making Nigeria’s proposed re-entry a positive signal to the market and investors.
Oniha explained that talks with JP Morgan were ongoing and had gained momentum in recent times due to the stability created by the FX market reforms.
“With all the reforms that have taken place, particularly around FX, we have started engaging JP Morgan again to get back into the index. We think we are eligible now,” the DMO DG said.

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