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BIG STORY

[MUST READ] How They Mislead Our Leaders —– By Dele Momodu

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Dele-Momodu

In his Thisday Column this week, Ovation publisher Dele Momodu wrote about the quality of appointments we are seeing lately in Buhari’s government, describing it as ‘appallingly lacklustre’.

Bob Dee as he’s fondly called also criticized the way the president broke the Ramadan fast with so much fanfare at the State House and talked about Buhari’s new fashion sense, calling it ‘overly flamboyant’.

Read the write up below:
“I’m back this week with my weekly epistle to fellow Nigerians and Africans. You must be wondering about the title of my article today, especially the word “they” and who it refers to ultimately. You don’t have to guess too much as I will explain to you in a jiffy. The “they” are those groups of men and women who litter the corridors of power in our dear beloved country Nigeria.
They are some wonderful people who understand how to manoeuvre their ways through the labyrinth of power. They are professional hijackers who know how to hold powerful people, particularly our leaders, hostage. Nigerians usually call them the cabal or Mafia or whatever nomenclature is in vogue at the time. Truth is, they exist in reality.

What is often baffling is that these folks perch like rattlesnakes and pounce at the slightest opportunity on the men of power. They inflict their poison and, sooner than later, their victim begins to behave unusually, even sometimes irrationally. The more the poison permeates the body, the more the victim sinks deeper into the abyss and onlookers begin to observe a complete transformation and transfiguration. Surprisingly, these guys were and are never around during the struggles. Once the struggle is over, they crawl out of whatever holes they were ensconced in whilst things were hot! And they soon become the greatest beneficiaries of a campaign they never partook of. Trust me, every government has them. If you ask me, it is one reason most of our governments have failed so spectacularly.

My preamble is predicated on my deep observation of what is going on in Nigeria at the moment. I can say I know President Muhammadu Buhari reasonably well even if I was a latter day convert to Buharism. But once I got hooked like a drug addict, I was ready to go the whole hog and I have never looked back. Buhari’s appeal is based on his populist credentials. We all saw him as a man of the people and a Mr Scrooge who would never waste scarce resources on frivolities. But the “they” of Nigeria have repackaged Baba to the extent that many now refer to him as the “Gucci President”. Every fashion designer’s delight, as he has become a veritable fashion trendsetter. Of course, this is not to denigrate the President because his previous austere style suits him as much as his now trendy look becomes him! The fact is that by his handsome, gangling and fit nature, the President will always appear impeccably turned out and well groomed. However, now, his paraphernalia of power has become somehow bloated and overly flamboyant as well. How are the mighty changing!

The existing theory is that President Buhari has inadvertently fallen victim of political 419ners who have persuaded him about how powerful a Nigerian President is and why he must play the part always by being overtly fashionable. I’m sorry to say that they are stylishly setting Baba up for monumental failure. I expect their agents to swarm the internet and abuse anyone who dare say anything about the grand scam currently going on but it won’t be strange. Every government I have known since I became an adult had such acolytes to sing their praises and hold them up as infallible. But no sooner than the baton of power changes than they disappear only to reappear sometime and somewhere in the no distant future screaming adulations of the unsuspecting new leader.

I vividly remember the period of the Shehu Shagari Presidency. The poor teacher and humble farmer could do no wrong. There was a popular Yoruba song specially composed and sang for him: “Oluwa lo yan Shagari, Shehu Shagari…” Shagari’s apotheosis was instantly assured. Those who saw the rot in the outlandishly profligate government were tagged dangerous dissidents and told to shut their traps up. Wole Soyinka, our own William Shakespeare, was one of the most vociferous critics at the time.

As days climbed days and months rode on months, the Shagari government became neurotic and saw enemies everywhere real or imagined. Out of fear for its safety and stability, the Nigeria Police Force was over-militarised as if in competition with the Nigerian Army. We watched incredulously as the police under the iron grip of probably the most powerful Inspector-General Police Nigeria ever employed, Mr Sunday Adewusi, became ostensibly omnipotent. The Shagari government controlled the heavens and the earth. The 1983 general elections was the last straw that broke the back of that government.

The end came on December 31, 1983. A terse announcement by a relatively unknown soldier at the time, named Sani Abacha, shattered the invincibility of the Shagari regime into smithereens. A new Head of State, Muhammadu Buhari and his ‘deputy’, Babatunde Idiagbon were promptly installed. They in turn wasted no time in pronouncing the direction of their government which was predicated on ‘war against indiscipline’ (WAI). That war encapsulated everything that was wrong with Nigeria. While it was a worthwhile, expedient and necessary move, the government failed to understand the complexity of Nigerians. Our people love the concept of change in the metaphysical sense but not in any way that hurts them and their families or friends. That was the reality that soon hit Buhari and Idiagbon like thunderbolts. While they were busy jailing and punishing the corrupt politicians, they were undoubtedly amassing enemies. They were goaded on by fifth columnists within and before long, it was time to strike. The end came on August 27, 1985.

The same Abacha who announced Buhari’s arrival pronounced his departure. It was such a cruel twist of fate. A supposedly friendlier, humane and urbane Head of State, Ibrahim Badamasi Babangida, was catapulted on to the national stage. He was projected as Buhari’s fairer alter ego. He opened up the cells and disgraced and humiliated politicians in their various stages of dilapidation spilled out like locusts. Buhari immediately became the bad guy and Babangida the benevolent dictator.

Where Buhari was stern-faced, Babangida wore his famous toothy smile like the archetypal good guy. That was it. Everything Buhari had built got dismantled. The solid foundation of discipline and incorruptibility he was laying was uprooted in one fell swoop! Nigerians’ penchant for good life and happy living won the day.

It wasn’t long before the “they” started digging the grave for Babangida himself. He assembled arguably one of the best teams ever, no doubt, but it remains a mystery who his real advisers were that persuaded him to turn Nigeria into a game of football. His sobriquet of Maradona, though very apt, was also an albatross. He dribbled so much and resorted to endless transition time tables. So much so, that he eventually dribbled himself into scoring an own goal. Politicians were banned and unbanned according to the whims and caprices of one man. When the elections eventually took place, on June 12, 1993, they were programmed to fail spectacularly.

Till this day no one knows what truly happened that led to our best elections ever being truncated and annulled. Pity that none of the influencers in the Nigerian polity could dissuade Babangida from committing this unfortunate and costly hara-kiri. Even worse, no one or group has come out to say they advised him against such perfidious act but he did not listen. Nigeria is yet to recover from that stupendous tragedy.

The fall came on August 27, 1993, when he suddenly stepped aside and handed over to a lame duck Interim National Government (ING) headed by Chief Ernest ‘Degunle Shonekan.

This government was as weak as they come. It lacked the liver to deliver on revalidating the annulled mandate freely given to the winner of the Presidential election, Chief Moshood Kashimawo Olawale Abiola. This would have enjoyed the wide support of the people but sadly such opportunity was missed by the inept team and the interim government was soon sacked by General Sani Abacha. Babangida had apparently set up the ING with a view to returning as a civilian President but man proposes and God disposes. His nemesis was Abacha his erstwhile compatriot and friend!

The understanding when Abacha seized power in a military coup was that he was going to right the wrongs of the June 12 elections, clean up the remnants of the Babangida loyalists and give power back to the man elected freely by Nigerians.

That turned out to be a classic case of naiveté at its most ludicrous. The man simply collected power pronto and sat down pretty. No Jupiter was going to remove him from that gilded cage. The Abacha government failed like others to learn the lessons of history and most importantly that no leader had ever succeeded in enslaving Nigerians…

I’ve deliberately taken us down memory lane to demonstrate how the demons of power have sentenced Nigeria perpetually to stupidity and backwardness. And it seems a fool at 56 is almost irredeemable from its tomfoolery unless a miracle happens. That’s the miracle we gave to President Buhari last year on a platter of gold after his fourth attempt. But things seem to be spiralling out of control. I know the President would be told all is well by those benefitting from the current state of things but, walahi, I will always tell Baba the truth. I’ve come to see him as the last hope of the masses and if he fails we all fail.

The first truth is that this government is looking too elitist and ceremonial. I’m not sure this is intentional. The amount of time, energy and resources being deployed on hosting this and that is becoming ridiculous. Whoever suggested that the President should break Ramadan fasts with so much fanfare did not do any good for a government with too many horrendous challenges. If I had any influence in this government, I will advise that government needs to demonstrate its commitments and seriousness at tackling the intractable problems. We should see pictures of brainstorming sessions. We should have and see a brilliant economic team at work.

We should see the President supervising projects nationwide in his jackboots. We should see the President appointing the many Nigerian geniuses that litter every part of the world to assist him use the power God has bestowed on him to benefit ordinary Nigerians. The qualities of appointments we are seeing lately have become appallingly lacklustre. This is not the best Nigeria can offer.

I do not really care if even if all appointees come from Daura, I would leave that agitations to others, who may be myopic or selfish. I’m more interested in the merit, competence and patriotism of such people. President Buhari can make do with a star-studded team regardless of political and religious affiliations. It is never too late to CHANGE!

BIG STORY

BON Awards Release Line-Up Of Activities Ahead Of November 24

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  • Kwara First Lady To Join Segun Arinze, Wole Ojo Others For Book-Reading

As the Nigerian film industry gets set for the annual pan-Nigerian Best of Nollywood (BON) Awards, scheduled to be held on Sunday, November 24, at the Sugar Factory in Ilorin, Kwara State, the organisers of the travelling awards have released a line-up of activities, alongside other highlights of the 16th edition.

This year’s event is shaping up to be an unforgettable experience, featuring a variety of engaging activities, including a book reading session and the unveiling of new award categories.

A key highlight of the pre-award festivities will be the welcome party scheduled for Saturday, November 23rd in Ilorin. This will be followed by the Book of the Year reading on the morning of November 24, showcasing “Do As You Are Told, Bani” by the acclaimed author Lola Shoneyin.

Esteemed personalities, including the First Lady of Kwara State and well-known Nollywood actors like Segun Arinze, Wole Ojo, Kemi Adekomi, Cynthia Clarke, and Chioma Okafor, will participate in the reading. This session aims to inspire and engage the youths, specifically a select number of school children from Ilorin, Kwara State.

Also, the 2024 BON Awards has been revealed that four of its major award categories have been endowed by notable figures and organisations. The endowed categories include:

Best Indigenous Movie – Endowed by Oba Saheed Eleguishi, a distinguished traditional ruler and arts patron. Best Use of Food – Endowed by Abundish Limited, an agricultural product wholesaler cum grocery market in Lekki, Lagos.

The Best Actress category is also endowed by the Deputy Speaker of the Lagos House of Assembly, Hon. Moji Ojora, a well-known philanthropist and public servant dedicated to women’s empowerment. While the movie with the Best Social Message is endowed by Hon. Toke Benson, the Lagos Commissioner for Tourism, Arts and Culture, and a prominent advocate for social issues.

According to the founder of the Best of Nollywood Awards, these new endowments promise to enhance the awards’ prestige by taking it to the next level and also offer greater recognition for excellence in these fields.

As the seven-day countdown to the 2024 BON Awards begins, and the excitement is building, Feranmi Olaoye, the Executive Director of the awards has promised that this year is not just another gala night but a getaway weekend for hardworking Nollywood practitioners, and others within the Nollywood community.

With the awards’ unique blend of celebrity-filled events and meaningful high-impact initiatives, this year’s ceremony is poised to leave a significant mark on the entertainment industry and the wider Nigerian cultural scene.

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BIG STORY

JUST IN: Nigeria’s Inflation Rate Rises To 33.8% As Food Prices’ Surge Continues

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The National Bureau of Statistics (NBS) reports that Nigeria’s inflation rate reached 33.88 percent in October, up from 32.7 percent in September.

This data is outlined in the NBS’ latest consumer price index (CPI) report for October, published on Friday.

The CPI tracks the rate of change in the prices of goods and services.

According to the NBS, the headline inflation rate in October increased by “1.18% points when compared to the September 2024 headline inflation rate.”

“On a year-on-year basis, the Headline inflation rate was 6.55% points higher than the rate recorded in October 2023 (27.33%),” the NBS stated.

“This indicates that the Headline inflation rate (on a year-on-year basis) increased in October 2024 compared to the same month in the previous year (i.e., October 2023).”

“Additionally, on a month-on-month basis, the headline inflation rate in October 2024 was 2.64%, which was 0.12% higher than the rate recorded in September 2024 (2.52%).”

“This means that in October 2024, the rate of increase in the average price level was higher than the rate of increase in the average price level in September 2024.”

  • ‘INCREASE IN RICE, YAM PUSHED FOOD INFLATION RATE TO 39.16%’

The NBS also revealed that the food inflation rate in October soared to 39.16 percent, up from 33.77 percent in September.

On a year-on-year basis, the food inflation rate was 7.64 percent higher compared to the rate recorded in October 2023 (31.52 percent).

“The rise in food inflation on a year-on-year basis was driven by increases in prices of items such as guinea corn, rice, maize grains, etc. (Bread and Cereals Class), Yam, Water Yam, Coco Yam, etc. (Potatoes, Yam & Other Tubers Class), Palm Oil, Vegetable Oil, etc. (Oil and Fats Class), and Milo Lipton, Bourvita, etc. (Coffee, Tea & Cocoa Class),” the bureau explained.

The report also highlighted that the month-on-month food inflation rate in October was 2.94 percent, showing an increase of 0.3 percent compared to the 2.64 percent recorded in September.

“The rise can be attributed to the rate of increase in the average prices of Palm Oil, Vegetable oil, etc. (Oil & Fats Class), Mudfish, Croaker (Apo), Fresh fish (Obokun), etc. (Fish Class), Dried Beef, Goat Meat, Mutton, Skin meat, etc. (Meat Class), and Bread, Guinea Corn flour, Plantain flour, Rice, etc. (Bread and Cereals Class),” the NBS added.

“The average annual rate of food inflation for the twelve months ending October 2024, compared to the previous twelve-month average, was 38.12%, an 11.79% point increase from the average annual rate of change recorded in October 2023 (26.33%).”

The report also noted that Sokoto state (52.18 percent), Edo (46.55 percent), and Borno (45.85 percent) experienced the highest food inflation in October, while Kwara (31.68 percent), Kogi (33.30 percent), and Rivers (33.87 percent) recorded the slowest increases in food inflation on a year-on-year basis.

In terms of month-on-month food inflation, Adamawa (5.08 percent), Sokoto (4.86 percent), and Yobe (4.34 percent) states had the highest rates.

According to the NBS, states such as Kwara (1.11 percent), Ondo (1.31 percent), and Kogi (1.50 percent) had the slowest rise in food inflation in October 2024.

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BIG STORY

Blackmailing Of GTCO, CEO: Court Constrained To Grant Bloggers Bail Due To History Of Being Serial Offenders

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Justice Ayokunle Faji of the Federal High Court in Lagos has ordered an accelerated trial of the four bloggers charged with defaming and cyberstalking the management of GTCO (Guaranty Trust Holding Company), including its Group CEO, Mr. Segun Agbaje.

The four accused—Precious Eze, Olawale Rotimi, Rowland Olonishuwa, and Seun Odunlami—are facing 10 amended charges for allegedly publishing false information about the company through various social media platforms.

At the resumed hearing of the matter on the 13th and 14th of November, Justice Faji also dismissed the bail applications, citing the serious nature of the alleged offences, which include charges that could lead to up to 14 years in prison.

The judge also held that one of the defendants – Precious Eze has shown the tendency to commit a similar offence again if let out as he is currently charged with a similar offence in another court and was only on bail when he went ahead to commit the alleged offence for which he is now standing trial.

Justice Faaji also highlighted the potentially destabilizing impact such actions could have on the banking sector, particularly since some of the charges involve cross-border activities on the Internet.

The defense counsel, Afolabi Adeniyi, had at the last hearing of the matter while moving an application for bail for the accused persons argued that the defendants should be granted bail on liberal terms, emphasizing that the charges were bailable and that the accused were willing to face trial.

Opposing the application, the prosecution Counsel, Chief Aribisala, SAN, urged the court to reject the bail request, highlighting the risk of the defendants absconding and stressing the need for an expedited trial.

In delivering his ruling, Justice Faji not only denied bail but also ordered an accelerated trial, underlining the gravity of the charges.

He also noted that the defendants’ actions challenged the authority of regulatory bodies, including the Central Bank of Nigeria (CBN), which had approved GTCO’s audited statements.

The matter has been adjourned until the 10th and 12th of December for continuation of the trial.

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