In December 1984 my late father made a remark that I could not understand at the time, he said, “the leaders of Nigeria will know no fear till the [oil] money runs out”. It was not until July 2000 that my father told me that the idea was proposed by his friend, the late Claude Ake. Since the oil boom of the early 1970s, no Nigerian head of state has been “afraid” of his watch or patch despite the coup d’états and the instances of serious political instability encountered. Now that the abundance of petrodollars earned from oil has suddenly become seriously scarce President Muhammadu Buhari has become in a pioneering approach, frank, open and expansive about his “fears” in power as presented in a recent missive. Continue reading
When President Muhammadu Buhari won the 2015 general elections, he did so largely with the support of neutral and anti-PDP (Peoples Democratic Party) commentators. Everything bad in Buhari’s life history was to be forgotten and everything good was in ascendance. From another perspective, it was very difficult for practitioners of competent thinking to justify the pervasive profligacy behemoth of PDP while in power. The ministerial appointments Babs Fashola, Timi Amaechi and other ‘gubernatocrats’ that took more than half a year to make that was the start of the negation of support for President Buhari. Many thinking men deserted except the likes of Wole Soyinka turned their backs on and pens against Buhari. But many political miracles were promised by the Buhari government. Where are they? Continue reading
Col Sambo Dasuki has sent a strong warning to President Muhammad Buhari; and the encoded message is “back off! or we both will share the same prison cell”. The recent disclosure that President Buhari was given two jeeps and $300,000 by former National Security Adviser, Dasuki, as a gift from the presidency in the aftermath of the assassination attempt made on his life may be the tip of a ‘sweetened iceberg’. Dasuki may have a lot to reveal about President Buhari and members of his fellow APC if he is forced to but this revelation is a warning. Perhaps, the truth will have to be held hostage and anti-corruption shall become a ‘miss road’ matter. Or they all go down. Continue reading
The “Sambo Scandal” (concerning one Col Sambo Dasuki) is just another story when compared to the full scale of looting in Nigeria; it’s just ‘Hot Air’ and Hollywood. The Government of Nigeria (GON) since the military regime of Yakubu Gowon has squandered around $1 trillion on nothing but personal enrichment and the provision of mostly shoddy goods and services to Nigerians. Call it the “national cake” (that has no bakery) or the “pot of soup” (that has no kitchen), Nigeria’s wealth is on a daily basis being shared like cake and soup at parties for and by the “Owners of Nigeria Technostructure” (ONT) and at their very own imperturbable convenience. This situation is incredibly far beyond the stilted fanaticisms of All Progressives Congress (APC) and People’s Democratic Party (PDP) supporters. Continue reading
The Treasury Single Account (TSA) was adopted by Ngozi Okonjo-Iweala, a diehard neoliberal, while she was Minister of Finance under the presidency of Goodluck Jonathan. The TSA a monetary tool introduced to reduce the cost of borrowing in a debt-stricken neoliberal world and ensure idle or unused monies by government agencies do not sit in accounts. The introduction of the TSA into the Nigerian system of economic management has nothing to do with the intelligence or sensibilities of either Goodluck Jonathan or President Muhammadu Buhari; it is a “compulsory” International Monetary Fund (IMF) instruction. Is the TSA an effective anti-corruption tool though or not? Continue reading
Nigeria since independence in 1960 has had six democratically elected executives, the most recent being Muhammadu Buhari. The country has also had seven military heads of state; six by way of coup d’état). No democratically elected head of state from Tafawa Balewa to Goodluck Jonathan has ever gotten into power on electoral promises of anti-corruption while all six military coups were staged on the raison d’etre of fighting corruption. Anti-corruption has thus never been exploited for election purposes in Nigeria, until 2015. Change? Continue reading
President Buhari has searched and decided, the Department of State Services (DSS) has screened and cleared, the Nigerian Senate has accepted and announced the candidates for long-awaited “ministerial list”. The Nigerian nation has been deceived and spat upon by its leader once again. Habit or repetition is not “CHANGE”.
In a nation full of decent competent technocrats and those with clean records President Buhari, the self-styled “Grand Sherriff of Anti-Corruption” has chosen the most corrupt ministerial cabinet Nigeria has ever seen for a first-term or second term presidential tenure. Buhari’s ministerial list has shown Nigeria concrete evidence that to be a long-standing or born again democrat you have to be pragmatic, be a thief. Buhari is now the “Prince of Thieves”. Buhari has not been captured politically by thieves, he has politically captured the thieves. Continue reading