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Nigeria @60: Not Yet Uhuru For Our ‘Diamond’ – By Sola Adeyemo
Nigeria @ 60 : Not Yet Uhuru For Our ‘Diamond’ – By Sola Adeyemo.
On October 1st every year, Nigerians gather in celebration of her independence.
It was in 1960 the curtain of freedom was raised in the theater of liberty and the road that leads to democracy and self-determination was laid bare for the people of the new nation.
The early leadership at the helm of governance built on the successes of the 1960 groundbreaking and marshaled the country into a republic in 1963.
The emblematic feat to take Nigeria into a federal republic three years after taking sole responsibility of her people and future was clear evidence of the roadmap the early leaders had designed.
That roadmap from available testaments gave rise to a lot of hope and faith that the largest black nation on earth, a symbol of the black race was positioned for grace and grandeur in no distant time.

But in subsequent years, the administration resorted to low-key events.Starting with the Jonathan administration, rather than the usual public showpiece, the government resolved to hold a strictly military event tagged Presidential Change of Guards at the forecourt of the Presidential Villa. Interestingly, when President Muhammadu Buhari came on board in 2015, he sustained the new culture.
On Thursday, the 1st of October 2020, the change of guards is expected to hold inside the Presidential Villa in the morning while an anniversary dinner will hold later in the day.
Both events are expected to hold within the Presidential Villa. The programmes outlined for this year’s anniversary will continue on Friday with a Jumat service and lecture as well as an interdenominational church service on Sunday.

Regardless of whether the mode of celebration the government intends to adopt, the most pertinent question remains whether Nigeria has fared well in 60 years of her existence as an independent nation.
SECURITY
Nigerians cannot boast of a secured country in the 60 years of being an independent nation.
The national security architecture has been confronted by global security challenges, like terrorism, militancy and kidnapping and it has fallen under the weight.
The country is compounded with a plethora of security challenges. One of the vital problems with the security sector in Nigeria has been funding and lack of personnel.
For example, the United Nations’ ratio is 1 policeman to 400 persons, but in Nigeria, there is less than 300,000 policemen for almost 200 million people and almost half of that number of policemen are attached to VIPs.

And in this day and age when security is technologically-driven, the country, to a large extent, still relies on crude methods to detect and maintain law and order.
And while lack of funding is a major issue, corruption within the national security apparatus has compromised whatever standard is expected to be upheld.
The primary responsibility of the government as enshrined in the constitution is to ensure the protection of the lives and property of the people.
When security becomes a scarce commodity, development whether economic or political becomes a nut to crack.
In tackling the country’s security challenges, it’s necessary for the security chiefs to desist from the politicization of security issues. “Our security chiefs should also stop politicizing the security sector to impress the political leaders.
The war against Book Haram especially has suffered many setbacks in over a decade of efforts to decimate the group.
HEALTH
The health sector has been in a comatose state for a very long time and it has worsened over the years that even the turn of democracy could barely save it especially from brain drain.
The government, to say the least, has not channeled the required effort into personnel welfare and health infrastructure. The a need for more concerted efforts both on the parts of the government and medical practitioners in order to improve the sector’s fortune has always been the unanswered question.
Evidently, the health sector hasn’t fared so well because all veritable indices have not shown any improvement, hence, the need to reposition the health sector by the government.
Nigeria used to attract many visitors seeking health treatment in the early fifties and sixties during the closing stage of colonial rule. However, since self-government took control, the quality of health delivery has snowballed into a terrible state so much so that Nigerian elites now troops into foreign lands on medical tourism.
EDUCATION
The state of the quality of education has been described as sickening in many quarters. And that would be putting it mildly. Most Nigerian graduates who are the products of the failing system are evidence of how horrendous the academic standard has fallen compared to the colonial and post-colonial era.
After the mid-90s, the educational standard of many national institutions began to buckle under the weight of neglect and corruption. Nigeria has one of the highest numbers of out-of-school children and the government failed in fixing the situation.
Strike action by academic staff of Nigerian institutions has marred whatever is left of the Nation’s and many has come to still distorted academic calendar due to industrial action vu both academic and non-academic staff as normal.
ECONOMY
Beating recession and bouncing back, Nigeria’s economy situation is a tale of unending trials plenty errors.Per capital income has reduced compared to decades ago, the naira fallen lower than it has ever been as much as the cost of living and prices of goods and commodities.Recently Nigeria overtook India to become the poverty center of the world, having the highest concentration of poor people living below $2 a day.

In 2020 alone in the midst of a pandemic, the government increased Value Added Tax, placed a tax on cash transaction, increase electricity cost, devalued the naira and hiked the price of Premium Motor Spirit.
These developments have drawn cries from the populace but still fell on deaf ears as the government seems resolute on its plan to sap more levies from the people without providing the corresponding infrastructure to show for the increase in taxation.
THE REPORT CARD
In our sixty odd years as a sovereign nation, our country has been raped and pillaged by selfish politicians. The country has been divided along ethnic and religious lines by callous leaders of thought; the country has been given a bad name by ruthless home-grown terrorists groups and different militia. The millennials (the ‘yahoozees’) also did their own by trying to change us,our narrative and our behavioural patterns.

However, as bad as the journey after nationhood appears to have been for us,there’s one consolation for me as a person – and that’s our various human exports to the world; the ones that have done us proud as a nation. We must a big thank you to the Soyinkas of this world,late Chinua Achebe, Phillip Emegwali, Fela, King Sunny Ade, Bruce Onobrakpeya, Akinwumi Adesina and Chimamanda Ngozi-Adichie just to mention a few.
Also, another source of joy and pride for motherland are the 100% home-grown brands that have made it to the world stage; one cannot but be happy for Nigeria when one remembers how brands like Zenith Bank, GT Bank, and Access Bank are doing in the continent – a big kudos to them.
In conclusion, as Nigeria marks her 60th anniversary, the nation is still held down by underdevelopment and on many grounds better off under the colonial masters than in self-government.
But it’s understandable that nation-building doesn’t come easy and with an ever-changing government coming in with divergent policies, the rate of development is expected to progress on a snail pace.
However, the faith and belief of a better nation must be maintained as we all have nowhere else to call their own except Nigeria.
Viva Nigeria!!!
Sola Adeyemo is a media entrepreneur and public affairs analyst.
Hes’ the President of Lagos Online Media Publishers(LASOMP) and the Coalition of Online Publishers in West Africa(COPUWA).E-mail: solaadeyemo10@gmail.com
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I Delivered $15m Agency Cash To Ex-NIMASA DG Akpobolokemi, EFCC Witness Tells Court
A prosecution witness, Captain Ezekiel Bala-Agaba, testified in a Lagos Federal High Court on Thursday, that he personally delivered $15 million in cash to former NIMASA DG, Patrick Akpobolokemi.
The witness, Bala-Agaba, a former Executive Director of Maritime Safety, Shipping Development and Marine Operations at NIMASA, made the disclosure while testifying before Justice Ayokunle Faji of the Federal High Court in Lagos.
Captain Agaba, who appeared as the 15th prosecution witness, told the court that funds meant for pipeline surveillance were withdrawn from NIMASA’s accounts, converted into dollars, and handed over to Dr Akpobolokemi.
According to him, the money was taken to a Bureau de Change, which converted it into $15 million before the cash was delivered to the NIMASA office on Burma Road, Apapa, Lagos.
He said he subsequently took the money to the office of the then Director-General.
“The money was sent to a Bureau de Change, which later brought the dollar equivalent to our office at Burma Road, Apapa, Lagos. I asked my Personal Assistant, Ekene Nwakuche, to carry the bag and follow me to the Director-General’s office,” he told the court.
The witness explained that he collected the bag from his aide before entering the office.
“When we got to the door of the Director-General’s office, I collected the bag from him and asked him to wait outside. I then personally delivered the sum of $15 million to the Director-General.”
The witness was initially a defendant in the case but later opted to testify for the prosecution.
While being led in evidence by prosecuting counsel, Suleiman Suleiman, he explained the chain of command within NIMASA and how financial approvals were processed in the agency.
According to him, the Director-General is the overall head of the agency and issues instructions to directors, who then implement policies in line with the NIMASA Act.
He told the court that he chaired the agency’s Intelligence Committee, which was responsible for certain security-related operations.
“As chairman of the committee, I oversaw its activities and reported directly to the Director-General, Dr. Patrick Akpobolokemi,” he said.
During the proceedings, the witness was also shown a document containing a letter from Access Bank to the Economic and Financial Crimes Commission (EFCC) detailing transactions in NIMASA’s accounts between 2013 and 2015.
When asked how much money he took to the former Director-General, Agaba replied: “$15 million.”
After listening to the testimony, Justice Faji adjourned the matter until April 22 and 23 for cross-examination of the witness.
The EFCC had in December 2015 arraigned Dr. Akpobolokemi and seven others before the court on a 30-count charge bordering on conspiracy, fraudulent conversion of funds and money laundering.
Those charged alongside the former NIMASA boss include, Warredi Enisuoh, Governor Juan, Ugo Frederick, Timi Alari, as well as Alkenzo Limited and Penniel Engineering Services Limited.
They pleaded not guilty to the offences.
The anti-graft agency alleged that the defendants conspired to divert funds running into over N1.15 billion under the guise of providing security intelligence in Nigeria’s maritime domain.
According to the EFCC, the NIMASA Intelligence Committee allegedly received N1,153,000,000 between December 2013 and July 2015.
Investigations further revealed that several companies contracted to execute the intelligence operations were either unregistered or lacked the capacity to perform the services, while some were allegedly linked to the defendants.
The prosecution also alleged that the defendants nominated or owned many of the companies used to execute the contracts.
One of the charges stated that the defendants conspired to commit offences punishable under the Money Laundering (Prohibition) Act, 2012.
News
CBN Bars Chronic Loan Defaulters from Accessing New Banking Services
The Central Bank of Nigeria (CBN) has issued a directive to all financial institutions to immediately restrict certain banking services for large-ticket borrowers with non-performing loans (NPLs).
This move is aimed at strengthening credit discipline and protecting the stability of the Nigerian financial system following a rise in the industry’s NPL ratio to approximately 7%, exceeding the regulatory 5% threshold.
This order is specifically targeted at large-ticket obligors.
The CBN issued the directive in a circular to banks on Monday.
The latest instruction comes almost a week after the CBN asked financial institutions to stress test.
It is uncertain if the two directives are connected or what may have triggered the loan-related instruction, but the apex bank said it furthers its mandate to protect Nigeria’s financial system.
“In furtherance of its mandate to promote a sound financial system, protect depositors, and enhance prudential compliance within the banking sector, the Central Bank of Nigeria (CBN) hereby directs all banks to restrict non-performing large ticket obligors, whose activities pose systemic risk to the financial system, from accessing specified banking services,” the circular reads in part.
“Any large-ticket obligor with a non-performing facility recorded in the CRMS and/or any licensed private credit bureau shall not be granted additional credit facilities. For the purpose of this restriction, credit facilities include loans and other forms of direct credit.
“In addition, such obligors shall not be granted banking facilities or contingent liabilities such as bankers’ confirmations, letters of credit, performance bonds, or advance payment guarantees.”
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Makinde Only In PDP Because He’s Not Seeking Re-election – Otitoju
Babajide Kolade-Otitoju, the Director of News at TVC News, recently stated that Oyo State Governor Seyi Makinde would likely have defected from the People’s Democratic Party (PDP) if he was still serving his first term.
Otitoju stated this on Friday on TVC’s ‘Breakfast Show’.
He described the National Convention of the Peoples Democratic Party, PDP, in Ibadan last November as a mere waste of time.
“People must show good judgment at a critical phase. What was the point of having that convention? Two courts told you not to go ahead but you went ahead.
“I may not be a fan of former Senate President Bukola Saraki but if he says something that makes sense, I will be the first to admit it. He made sense when he said let’s go for caretaker. What’s the point of not listening to him?
“Later you will be shouting that the ruling party is behind your crisis, meanwhile you are the architect of your own misfortunes. You created this problem.
“If Makinde were in his first term, he would have fled like the dancing governor because his second term would have been in danger,” Otitoju said.
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