For Tokunbo Wahab, It Is Eternal Vigilance To Keep Lagos Clean

  • BABAJIDE FADOJU


Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab, has the monumental challenge of keeping one of Africa’s largest and busiest cities clean, orderly, and safe. This purpose is critical for a city with a population of over 16.5 million people, where urban difficulties such as pollution, overcrowding, and illegal settlements make meeting environmental norms a constant battle. 

Wahab’s approach, which combines strong enforcement with public awareness, intends to improve Lagos’ quality of life for the long term. Under his guidance, the Lagos State Environmental Sanitation Corps (LAGESC) has launched a campaign to eliminate unlawful settlements and shanties throughout Lagos. 

One of these actions took occurred under the Elegbata Bridge in Apongbon, where unauthorised immigrants had established makeshift dwellings. These locations are frequently fraught with safety and sanitation hazards, jeopardising the well-being of both the occupants and the neighbouring community. 

Wahab’s updates on X (previously Twitter) provide real-time updates on these activities, reinforcing the idea that maintaining public areas is a top priority for his government. 

By eliminating unlawful settlements, he hopes to improve the city’s beauty while simultaneously reducing the pollution and hazards connected with unregulated urban regions. The cleanup programs focus on a wide range of places where unauthorised activity have jeopardised public health and safety. Illegal communities frequently lack basic sanitation, causing severe environmental contamination.

Waste and sewage accumulate, creating situations that endanger the health of not only people who live in these places, but also those in nearby communities. Furthermore, these communities are frequently subject to accidents, fires, and other risks, particularly in high-traffic places such as bridges. 

Wahab’s efforts to remove squatters are part of a larger strategy to restore order and safety in these areas. In a metropolis as densely populated as Lagos, such measures are critical to promoting a healthy urban environment.

Population pressure is one of the greatest challenges facing Lagos. Rapid urban migration has brought millions to the city in search of better opportunities, but this influx has strained existing infrastructure and resources. 

Limited affordable housing options mean that many people, especially those in low-income brackets, resort to setting up homes in public or unauthorized spaces. Wahab’s approach addresses this issue by regulating these spaces, though a longer-term solution will likely require the development of more accessible housing options. 

By dislodging squatters, Wahab’s administration works to prevent misuse of public spaces and alleviate some of the environmental strain caused by overpopulation. Beyond removing illegal settlements, his efforts include enforcing road safety and encouraging the use of pedestrian bridges. This strategy is vital in a city with such heavy traffic and high rates of pedestrian activity. 

By deploying officials to monitor crossings and ensure the use of designated pedestrian bridges, Wahab’s team reduces accidents and enhances public safety. Such measures reflect a commitment to order, underscoring his belief that a cleaner, safer Lagos is achievable through consistent enforcement of environmental and safety regulations.

Wahab’s campaign is aided by collaboration with local law enforcement and other state entities. Multiple departments collaborate to enforce environmental laws and solve public safety issues, which broadens the reach and efficacy of cleanup efforts. 

The results of these synchronised efforts are obvious throughout Lagos. Residents are starting to see cleaner, more organised public spaces and enhanced urban infrastructure. Wahab’s strategic leadership is gradually altering the landscape of Lagos, revealing glimpses of a city that prioritises cleanliness, order, and communal well-being.

The outcomes of these initiatives are tangible, and it includes to restore public places, reduce pollution, and improve inhabitants’ health results. Cleaner public areas mean fewer health risks and a slower spread of diseases caused by filthy living situations. 

Additionally, Lagos’ appearance is improving. A more organised, clutter-free cityscape improves Lagos’ visual appeal and increases its potential as a lively, modern metropolis. This, in turn, may attract more people, enterprises, and investment, boosting the city’s economic growth and development. However, keeping Lagos clean is not a one-time project; it is a continuing effort that will necessitate ongoing dedication.

As Lagos develops, so too will its environmental challenges. Wahab’s approach, with its focus on vigilance and strict enforcement, is designed to address both immediate concerns and set the groundwork for a cleaner future.

The long-term vision for Lagos involves not only dislodging illegal settlements but also providing viable alternatives and devising policies that promote sustainable urban living. This comprehensive approach reflects Wahab’s understanding that a genuinely clean city depends on systemic change and the active participation of its residents.

Wahab’s endeavour to keep Lagos clean is one that rests on vigilance and proactive governance. In the face of considerable challenges, he remains steadfast in his efforts to protect the environment and create a city that its residents can take pleasure in. His work emphasises the need for leadership that values order, public safety, and environmental sustainability. 

For Wahab, maintaining Lagos’s hygiene is not just a goal but a responsibility that he embraces with unwavering dedication. Through strategic action, collaborative partnerships, and a commitment to the welfare of Lagosians, Wahab is steering the city towards a future where cleanliness, safety, and urban attractiveness are the norm.

  • Fadoju is a Lagos-based Public and Policy Affairs Analyst

UBA Appoints Henrietta Ugboh As Non-Executive DirectorAs Owanari Duke Retires

United Bank for Africa (UBA) Plc has announced the appointment of Henrietta Ngozi Ugboh as a Non-Executive Director on the group’s board.

The bank said in a statement that the appointment has been duly approved by the relevant regulatory bodies including the Central Bank of Nigeria (CBN) whose approval was granted last Friday. 

Ugboh holds a degree in Economics and Statistics from the University of Benin, an MBA from ESUT Business School, and is an alumnus of the Harvard Business School. She has over 30 years experience in banking and is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and a Fellow of the Institute of Credit Administration (FICA).

Chairman, UBA Group, Tony Elumelu, who commented on the appointment, said: “Henrietta Ngozi Ugboh exemplifies the qualities of a seasoned banker and professional, with decades in her banking career.”

Elumelu added that with her considerable experience and expertise which spans Commercial Banking, Credit, and Risk Management, amongst others, the Board is excited about the positive accomplishment she will bring to the bank, adding, “We look forward to her invaluable contributions to the Group.” 

 The board also announced the retirement of Mrs. Owanari Duke, an Independent Non-Executive Director, who joined the UBA Group Board in October 2012. 

During her tenure, Mrs. Owanari Duke provided distinguished leadership, serving on numerous Committees of the Bank such as the Board Governance Committee, Board Audit, Governance, Nomination & Remuneration Committee, Board Credit Committee, Finance & General Purpose Committee and Statutory Audit Committee.

On behalf of the board, Elumelu expressed deep appreciation to Mrs. Duke for her dedication and significant contributions to the Group, wishing her the best in her future endeavour.

Archbishop of Canterbury, Justin Welby, Resigns over Poor Handling of Church Abuse Scandal

The Archbishop of Canterbury yesterday resigned from his position, days after a damning report into a prolific child abuser, John Smyth, associated with the Church of England.


In his resignation statement, Welby said the report exposed the long-maintained conspiracy of silence about the heinous abuses of  Smyth, explaining that when he was told in 2013 that police had been notified, he believed wrongly that an appropriate resolution would follow.
 Smyth was not brought to justice before his death in South Africa in 2018, BBC said in one report.


The Archbishop of Canterbury is head of the Church of England but they also have a wider constitutional role.

Welby in his resignation letter said: “Having sought the gracious permission of His Majesty The King, I have decided to resign as Archbishop of Canterbury.


“The Makin Review has exposed the long-maintained conspiracy of silence about the heinous abuses of John Smyth. When I was informed in 2013 and told that police had been notified, I believed wrongly that an appropriate resolution would follow.


“It is very clear that I must take personal and institutional responsibility for the long and re-traumatising period between 2013 and 2024.


“It is my duty to honour my constitutional and church responsibilities, so exact timings will be decided once a review of necessary obligations has been completed, including those in England and in the Anglican Communion.

“I hope this decision makes clear how seriously the Church of England understands the need for change and our profound commitment to creating a safer church.


“As I step down I do so in sorrow with all victims and survivors of abuse. The last few days have renewed my long felt and profound sense of shame at the historic safeguarding failures of the Church of England. For nearly 12 years I have struggled to introduce improvements. It is for others to judge what has been done.


“In the meantime, I will follow through on my commitment to meet victims. I will delegate all my other current responsibilities for safeguarding until the necessary risk assessment process is complete.

“I believe that stepping aside is in the best interests of the Church of England, which I dearly love and which I have been honoured to serve.
“I pray that this decision points us back towards the love that Jesus Christ has for every one of us. For above all else, my deepest commitment is to the person of Jesus Christ, my saviour and my God; the bearer of the sins and burdens of the world, and the hope of every person.”


A nationwide consultation will be held asking people in and outside the Church of England what they want from the next archbishop. That is expected to take several months.


Church and government officials will summarise those views, along with feedback from the Church representatives in Canterbury – the area the archbishop technically oversees. That information will form the basis of creating a long list of suitable candidates invited for interview.
No one applies for the role. Those chosen for interview don’t have to be from the Church of England and they don’t have to be bishops, although they are likely to be.

The candidates will then be interviewed by a committee of 17 people. The chair is appointed by the prime minister and the members will include representatives from around the global Anglican Communion, the General Synod, or parliament, as well as at least one bishop.
At least two-thirds of the committee members must agree before a decision is made.


The Makin report – which was released last week said Welby and Smyth were together at multiple Christian holiday camps run by the Iwerne Trust, between Summer 1975 and August 1979.


“We have explored with Justin Welby his relationship at that time with John Smyth. He knew John Smyth from the Iwerne camps and was in John Smyth’s dormitory for two camps.

“He has described being ‘impressed’ by John Smyth and reacting to his apparent power of intellect and charismatic (in the lay sense) personality. He says that they were never close, however.


“Justin Welby says that he and John Smyth ‘exchanged Christmas cards’ for several years”, something Welby characterises as ‘usual for the time’, the report said.


The report also said that Welby  recalled “making donations” to John Smyth to help with his ministry in Zimbabwe, “but cannot remember the details of this, timing or amounts”.


Besides, Welby  said that he was unaware of the abuse allegations against Smyth until 2013, but admitted that he should have done more to make sure the allegations were properly investigated.


Former Anglican priest and bishop, Dr Gavin Ashenden, said he was relieved that  Welby had resigned.


“I’m relieved, mainly for the victims of sexual abuse but also for the institution itself,” he said.


The Makin report into the decades of abuse by John Smyth – a barrister associated with the Church of England – said Welby failed to act properly when he first heard about the abuse in 2013.


In the 1970s and 1980s, John Smyth physically abused boys at Christian camps in the UK and Africa, while in 1982, an investigation by the Iwerne Trust, which ran the camps, uncovered claims of abuse – but did not report it to police.

Besides in 2013, the Church of England knew “at the highest level” about the allegations, said Makin report.

 Smyth died in Cape Town, having not faced justice, even as an independent report was commissioned, led by Makin, to look into Church’s handling of the Smyth case.

Following Thursday’s publication of the Makin review into John Smyth – which was critical of the Archbishop of Canterbury’s handling of the case – Welby said he had given resignation “a lot of thought for actually quite a long time”.

According to the long-awaited report, Smyth’s abuse of more than 100 children and young men was covered up within the Church of England for decades.

Welby’s tenure covered a decade of major upheaval in which he was forced to navigate rows over homosexual rights and women clerics between liberal churches, mostly in North America and Britain, and their conservative counterparts, especially in Africa.

The Anglican churches in African countries such as Uganda and Nigeria are likely to welcome Welby’s resignation, after saying last year they no longer had confidence in him.

His successor’s main challenges will include holding together the increasingly fractious worldwide Anglican community and attempting to reverse a decline in church attendance, which is down a fifth in Britain since 2019.

The Eagle Online Publisher Emerges President of Media Cooperative Society

The Publisher of The Eagle Online, Dotun Oladipo, has emerged as the President of the Innovative Media Partners Cooperative Multipurpose Society(IMPCMS).

The former President of the Guild of Corporate Online Publishers was among others who are members of the pioneer Executive Committee.

Other pioneer executive committee members of the IMPCMS are Nkanu Egbe, who is the General Secretary, and Dolapo Otegbayi as the Treasurer.

Oladipo, Egbe and Otegbeyi were endorsed for the position at the inaugural meeting of the IMPCMS on October 25, 2024, which birthed a new era of collaboration and empowerment among media professionals. The IMPCMS was inaugurated by the Lagos State Ministry of Commerce, Cooperatives, Trade and Investment.

The inauguration, directed by Naseerat Oyindamola Dosunmu, who led a team from the Surulere, Lagos State branch of the ministry, was a culmination of events that followed the Second Nigerian Media Leaders’ Summit held in May 2024, convened by Taiwo Obe, the Founder and Director of The Journalism Clinic.

Before the inauguration, Dosunmu outlined the key provisions of the cooperative’s bylaws, emphasising the importance of transparency, accountability, and democratic governance.

She commended the initiative, stating: “This cooperative demonstrates the power of collective action. It will not only empower the members, but also contribute to the growth of the media industry in Lagos State.”

Egbe, who had been coordinating events of the cooperative following its formation, provided an insightful overview of its vision, mission, and goals.

He highlighted the following key objectives: Resource Sharing: providing access to shared tools and facilities to reduce costs and enhance production quality; Training and Development: offering workshops, seminars, and mentorship programmes to upskill members and stay abreast of industry trends; Collaborative Projects: fostering and championing joint projects of interest to the members; Networking Opportunities: creating a strong network of media professionals to facilitate collaboration and knowledge sharing.

Dosunmu also inaugurated Oladipo, Egbe and Otegbayi to steer the affairs of the IMPCMS for the next two years, in the first instance, subject to renewal for another term of two years only.

The initial three-member executive, Dosunmu said, is expected to bring others on board, subject to the agreement of members.

In his acceptance speech, Oladipo promised to lead the cooperative to the best of his ability in fulfilling its objectives.

Obaseki Out, Okpegholo In As Edo Politics Of Eat Corn Today, Corn-flict Tomorrow Unravels

MAGNUS ONYIBE

It is amazing how time flies as Governor Godwin Nosakhare Obaseki of the People’s Democratic Party, PDP relinguishes power to his successor, Senator Monday Okpegholo of the All Progressives Congress (APC) on Tuesday, November 12, 2024.

This day is both bitter and sweet to both Obaseki and Okpegholo, akin to the transfer of power from incumbent President Joe Biden to President-Elect Donald Trump in the United States of America, USA, despite the bitter political fight that both waged against each other for their respective political parties to control the heart and soul of Americans. The good news about the U.S. transition, scheduled for January 20, 2025, is that it promises to be peaceful, as indicated by Biden’s extention of invitation to the White House to President-Elect Trump, the 45th president returning as the 47th to the White House.

In contrast, although in comparable circumstances, since the incumbent governor’s candidate also lost in the race, the path to political leadership transition in Edo State has been fraught with personality clashes between outgoing Governor Obaseki and Governor-Elect Okpegholo. In fact, the tension is very high to the extent that there is a likelihood that Governor Obaseki may not be present to officially hand over the baton, as his team alleges that he hasn’t received an invitation, while Okpegholo’s representatives claim that Obaseki has already vacated the government house ahead of inauguration day. This disagreement has affected the traditional handover ceremony, resulting in a less than ideal image for Nigerian democracy, which, after 25 years of continuous practice, should have moved beyond these early-stage challenges such threat of impeachment at the drop of a hat and handing over to puppets than can be played.

Unequivocably, one of the key issues facing Nigeria’s democratic process is the tendency of governors to choose successors who will cover up their tracks or be easily controlled. This week’s column is dedicated to examining the practice of godfatherism, especially the type where a godfather seeks to “serve” a third term indirectly by making a puppet of their successor.

The irony of the succession crisis in Edo State—centered on former Edo Governor and current Senator Adams Oshiomhole and his successor, the outgoing Governor Obaseki—is evident in a photograph of both of them sharing corn on the streets of Benin City. This image friends today enemies today common amongst political allies highlights the failure that often results from choosing a surrogate as a successor instead of allowing the electorate to exercise their civic rights to elect their governor freely. It is remarkable that , generally outside of the South-West, the bond between godfather and godson tends to break shortly after formation. The exception in the south-west is likely owed to the fact that their traditional rulers and elders who are highly respected in yoruba land, often mediate in conflicts between governors and their sucessors/surrogates, before the relationship degerates irreverseably.

The candid photo, which inspired part of this article’s title—“Eat Corn Today, Corn-flict Tomorrow”—was taken eight years ago when Oshiomhole, then incumbent governor, was campaigning with Obaseki as his chosen successor.

While an anonymous person had aptly tagged the scenario: “Be careful who you walk with: Eat corn today, corn-flict tomorrow,” I couldn’t resist adopting it as part of the title of this piece which is rather too long , but it is for the purpose of giving full context.

There is no doubt that the photo and caption will go down as one of the most creative and fitting representations of Edo State politics after the contentious September 21 gubernatorial elections. It also reflects the tendency of governors to impose surrogates , only to be dissappointed and clash with them after handing over power to their anointed candidates, who they were expecting will be puppets. From accrinonous outcomes of those who enter such unholy alliances, the need for our governors to seek more efficacius alternatives can not be overemphasized.

As we now know, the highly contested Edo State gubernatorial race resulted in APC candidate, Senator Monday Okpegholo, emerging as the winner and this outcome has left the outgoing Governor Obaseki and his chosen successor, Mr. Asue Ighodalo, dismayed.

The third candidate in the race, Mr. Olumide Akpata of the Labour Party (LP), lacked a powerful godfather, particularly as Mr. Peter Obi, the party leader who once had a cult-like following, has been somewhat “demystified.” This unravelling of Obi’s influence has been painful and somewhat humiliating, as some of the harshest criticism against him have come from his own constituency, which expects him to be more isolationist—a persistent challenge for any Igbo presidential candidate in Nigeria. Justifiably,Mr. Obi has intentionally tried to distance himself from this perception, yet some critics interpret gestures like his congratulatory message to former Head of State Gen. Yakubu Gowon on his 90th birthday as pandering. It is a tag that the LP presidential candidate in 2023 has vehemently rejected.

Returning to Edo State, godfatherism remains a defining feature of its politics. Since the return of multi party democracy in 1999, except for Governor Lucky Igbinedion, who served from 1999 to 2007 without a godfather, most other governors have had influential patrons. Igbinedion’s successor, Professor Osariemen Osunbor, was backed by the late Chief Tony Anenih, famously nicknamed “Mr. Fix It.”

Oshiomhole contested against Osunbor, challenging the election results and eventually winning in court. This victory elevated Oshiomhole as a “giant killer” in Edo politics, as he had triumphed over the highly respected and accomplished political leader, chief Anenih, the celebrated godfather. Oshiomhole even boasted that he had retired Anenih as a political force.

Ironically, the same Oshiomhole, who disrupted Anenih’s reign as the preeminent godfather in Edo State, later became a godfather himself, helping Obaseki secure the governorship eight years ago. It was during Oshiomhole’s 2016 campaign to promote Obaseki that the well-known photo of the two of them eating corn on the streets of Edo State was taken. This image was used as a photo opportunity to convey camaraderie and continuity in governance, portraying the godfather and godson as grassroots-oriented leaders.

It is unsurprising that the photo opportunity, meant to display Oshiomhole and his anointed successor, Obaseki, as populist and grassroots-friendly politicians, worked like magic, helping Obaseki easily secure the mandate of the people for his first term.

Ironically, this photo has now come back to haunt them, serving as an instructive and cautionary tale to politicians who aspire to governorship positions and to those preparing to leave office that they should becarefull of entering master-servant relationships.
There are allegations that Oshiomhole is poised to become a “third-term” governor by exerting influence over Governor-Elect Okpegholo, as he is perceived as the force behind Okpegholo’s success. But it is claimed that he has forcefully pushed back against.

In any case such is the game of politics everywhere in the world, where politicians often fallout due to a misalignment of interests between former allies who suddenly become foes. As such , the unfolding scenario in Edo State validates the popular aphorism: there are no permanent friends or permanent enemies in politics, only permanent interests.

Nevertheless, it would be a rare feat for Oshiomhole to assume the role of godfather a second time, having played that role during Obaseki’s first term in his two terms tenure and now potentially for Okpegholo, who assumes office today, November 12, 2024.

As experience has shown from events in Rivers State—between Governors Rotimi Amaechi and Nyesom Wike during Wike’s first term (2015-2019), and currently between Wike and Fubara (2023 to date)—the godfather/godson bond between Oshiomhole and Okpegholo may be short-lived. The romance seldom last beyond the first term.
This is especially likely if Oshiomhole decides to maintain a strong grip on Edo State’s affairs, much like Wike’s influence over Fubara in Rivers State and the consequential schism, which has wrought severe socioeconomic consequences on the state, leaving the citizens as victims. One can only hope that the people of Edo State will not experience a similar political fallout, if Oshiomhole and Okpegholo fail to read the ‘tea leaves’ and ‘thread the kneedle better to avoid the current unsavory experiences that have manifested especially in Kano and Rivers states.

As readers may be aware a major political power struggle threatens to stall Rivers state’s progress. This became apparent when “jungle don mature” (meaning “the jungle has matured”) became the rallying cry of Governor Fubara, signaling his break from his godfather, Wike, who is now the Minister of the Federal Capital Territory (FCT). Since then all hell has literally been let loose in Rivers state with allocations from the federation account being ordered withheld by the court based on legal infractions as determined by the ruling of the judge.

That is assuming that INEC’s decision to declare Okpegholo the winner of the gubernatorial contest, currently being challenged in court, is upheld against the plan of Governor Obaseki and the PDP candidate Asue Ighodalo, (Obaseki’s preferred successor) who have insisted that Okpegholo’s victory is pyrrhic and must be overturned by the courts,and the plan to replace Okpegholo does not come to fruition.

Perhaps due to the negative associations of godfatherism, Oshiomhole has denied any intention of becoming a godfather, a concept he previously denounced when he ran for governor of Edo State in 2007/2008. At that time, Oshiomhole faced significant opposition from figures like Anenih, an influential political leader, who supported Professor Osunbor as the next governor of Edo State.

Just as Governor Osunbor served as a surrogate of Anenih in 2007-2008, Senator Monday Okpegholo, the new governor of Edo State, can likewise be seen as a surrogate of Oshiomhole. This is evident in both words and actions, as the former labor leader and ex-governor frequently appeared on multiple media platforms—including television, radio, print, and social media—to campaign on behalf of Okpegholo, much as he did for Obaseki eight years ago.

One can only hope that Oshiomhole and Okpegholo will resist the temptation to enter a godfather/godson relationship, which has proven to be ineffective in the long run as both always fallout with dire consequences for the states that they govern with Rivers and Kano states as typical examples.

In reality, what is often derogatorily referred to as godfatherism in politics is actually a form of succession planning, which is critical for leadership continuity. In the private sector, a business leader’s foresight in grooming a successor is typically seen as a commendable virtue.

However, many Nigerians believe that the criteria for selecting successors in public governance are not always altruistic; rather, they are often driven by the personal agendas of politicians rather than patriotic goals or the greater good. Consequently, this practice has acquired a negative reputation. So,basically Nigerians have become wary of governors imposing their loyalists as successors, rather than basing their choices on objective principles. As a result, politicians who promote surrogates to succeed them are frequently labeled godfathers.

The strained relationships between former governors and the successors they handpick have become legendary in Nigeria. Although it’s common for godfathers and godsons to turn against each other after a period of initial cooperation, it is curious that the tendency to impose chosen successors has become even more entrenched in Nigerian politics, suggesting that few lessons have been learned by the new governors from the former ones.

This trend dates back to conflicts such as the one in Abia State, where current Senator Orji Uzor Kalu handpicked Theodore Orji another current senator as his successor as governor of Abia stater in 2007, later leading to friction when the godson turned against his godfather. Similarly, in Anambra State, the relationship between Mr. Peter Obi and his chosen successor, Willie Obiano, soured due to undue interference and antagonism between godson and godfather. Generally, such situations can be seen as a form of retribution against the questionable practice of installing successors to maintain influence or enjoy a third term by proxy rather than choosing a successor based on merit and ability to deliver superior performance.

A comparable godfather/godson conflict played out in Kano State, where Dr. Musa Kwankwaso, as governor, chose his former Chief of Staff, Prof. Umar Ganduje, as his successor. Not long after, both men found themselves in a prolonged struggle for power, with one outcome being the destabilization of the revered Kano emirate. For the first time in the history of this ancient emirate, there are two emirs, each having been deposed and reinstated, reflecting the political power struggles between former governors and their chosen successors.

In 2007, a similar scenario unfolded when then-President Olusegun Obasanjo, in the aftermath of a bitter political fallout with Vice President Atiku Abubakar, who intended to succeed him, did everything possible to prevent Abubakar’s ambition from materializing. Instead, Obasanjo supported former Katsina Governor Umaru Yar’Adua of blessed memory and who is the younger brother of Obasanjo’s political ally, the late Shehu Musa Yar’Adua, to become president.

Tragically, due to severe health issues, President Yar’Adua passed away in 2010, barely two years into his first term, leaving the country in a precarious situation, as this was the first time a sitting president had died under democratic rule. The military dictator, General Sanni Abacha had died while serving as a military head of state.
The National Assembly ultimately resolved the constitutional crisis created by that unprecedented situation by invoking the “Doctrine of Necessity,” allowing for a smooth transition of power.

Remarkably, before Yar’Adua’s passing, he was not following OBJ’s agenda. In fact, he had overturned the sale of NNPC refineries to private sector investors, including Dangote, and even reversed the privatization of the electricity sector—policies that the current administration under President Bola Tinubu appears to be reviving, as seen in recent fuel and gas policies shifting control of energy security to the private sector.
What the examples above underscore is that there is no evidence that engineering surrogates as successors as has long term benefits as such perfidous acts always backfire.

As I wish Senator Monday Okpegholo, who assumes office as governor of Edo State today, a successful tenure, I would also like to offer him counsel as a good friend of many years. He should be guided by the experiences of his predecessors in the godfather/godson dynamic that has shaped Edo State over the past few decades. This counsel is to help him draw lessons from history and establish guardrails against any such damaging relationships.

To my senior friend, the distinguished Senator Oshiomhole, I believe he understands the futility of playing the godfather role, having fought against it nearly two decades ago. God has blessed him with enough achievements in labor movement where he was at the helms of affairs as well as in politics as a governor and also empowered him to serve as a distinguished senator of the Federal Republic of Nigeria,so he should not descend from swimming in an ocean to playing in a puddle. He has demonstrated that he possesses sufficient political influence to impact who becomes governor of Edo State relying on the power of incumbency and also when he is not governor. So, the political prowess, once ascribed only to President Bola Tinubu as the former governor of Lagos State who still influenced the the choice of who becomes governor of the state continuosly even after a couple of decades since he exited office, should be put to positive use. I trust that he will not follow the example of the politicians, who, after serving as governor still attempt to control governance in their home state, thereby causing instability and reflecting poorly on both democracy and politicians.
As for Obaseki and Ighodalo, who have been left holding the wrong end of the stick in the battle for the control of Dennis Osadebey house, Edo state seat of power, as a democracy advocate l urge them to continue to pursue justice in court to test the law and make democracy sturdier as it develops taproots in Nigeria.
That is one way that we can hand our children “a banner without stain” as captured in a stanza of our national anthem.

Magnus Onyibe is an entrepreneur, public policy analyst, author, democracy advocate, development strategist, an alumnus of the Fletcher School of Law and Diplomacy, Tufts University, Massachusetts, USA, and a former commissioner in the Delta State government. He sent this piece from Lagos, Nigeria.

To continue this conversation and more, please visit www.magnum.ng.

FirstBank Host Fintech Summit 6.0, Launches Fintech Innovators Pitch Programme

FirstBank, the premier West African financial institution and financial inclusion service provider is excited to announce its 6th annual Fintech Summit, themed “Banking on Partnerships,” scheduled to hold on November 13 and 14, 2024. This year’s edition will bring together renowned subject matter experts, innovators, and industry leaders from around the world to explore the latest trends and advancements in financial technology. 

Since its inception in 2016, the FirstBank Fintech Summit has established itself as a premier event, attracting top subject matter experts in digital innovation from Nigeria and around the globe. While the Summit transitioned online in 2020 due to the COVID-19 pandemic, this year’s event will be hosted as a hybrid affair, enabling participants from around the world to engage with renowned speakers and insightful discussion.

A key highlight of this year’s summit is the launch of the Fintech Innovators Pitch Programme, designed to empower early-stage fintech startups and cultivate innovation within the financial services ecosystem. Selected startups will benefit from intensive training and mentorship, culminating in an opportunity to pitch their groundbreaking solutions to FirstBank, prominent investors, and industry experts.  Winning Startups will receive essential support from FirstBank to propel their products to market, including strategic guidance, resources, and access to a vast network.

The FirstBank Fintech Summit 6.0 promises a dynamic lineup of sessions and invaluable networking opportunities, positioning it as a must-attend gathering for industry leaders and innovators. The two-day Summit will feature expert keynote addresses and panel discussions, regulatory roundtable, investor roundtable, fireside chats and masterclasses.

Emmanuel Daniel, the founder of TAB Global—a research, publication, and consulting firm known for platforms like The Asian Banker, Wealth and Society, The Banking Academy, and TAB Insights—will be a key speaker at the upcoming event. He will be joined by Olusegun Alebiosu, the Managing Director and CEO of FirstBank Group, along with a lineup of distinguished guest speakers and panellists which include Dr. (Mrs) Markie Idowu, GMD/CEO of Xpress Payment Solutions Limited; ’DeRemi Atanda, Managing Director of Remita; Tomilola Majekodunmi, Co-Founder and CEO of Bankly; Obi Emetarom, Co-Founder and CEO of ZONE; Oladipo Alabede, Regional Managing Director, West Africa (Acquiring) Network International; Obianuju Odukwe, VP of Digital & API Ecosystems at Interswitch Group; Ashley Immanuel, Co-Founder and COO of SemiColon; Chijioke Dozie, Co-Founder of Carbon; Yewande Sulaiman, Managing and Product Consultant at ProduqtEdge.

With its hybrid format, participants from around the world can access the same quality of discussions and speakers. To register for the Fintech Summit, interested participants can click on https://fintech.firstbanknigeria.com/#/?lang=en

Speaking on the Summit, the CEO FirstBank Group, Olusegun Alebiosu said “This year’s summit provides a platform to unite industry leaders, innovators, regulators, and thought leaders to explore how collaboration and partnerships can shape the future of financial services and technology. As FirstBank continues to lead in innovation, this event presents another unique opportunity to engage with key stakeholders and deepen our understanding of emerging trends in the Fintech landscape emphasizing our role not only as a participant but also as a leading and preferred partner in the Fintech domain.”

The FirstBank Fintech Summit is one of the initiatives that the Bank has established to drive innovation and foster growth in the financial technology sector. By bringing together thought leaders and disruptors in the field, the Summit serves as a catalyst for transformative ideas and collaboration.

American Music Legend Quincy Jones Dies at 91

One of the biggest names in America’s music industry – Quincy Jones – has died at the age of 91. A family statement said Jones passed away Sunday night surrounded by family members at his home in the Bel Air neighborhood of Los Angeles.

Jones is known for working with many top names in the music industry, including superstars Michael Jackson, Frank Sinatra and Ray Charles. Throughout his 65-year career, he worked with hundreds of other music artists.

Jones’ publicist Arnold Robinson said in a statement, “Tonight, with full but broken hearts, we must share the news of our father and brother Quincy Jones’ passing.” It added, “And although this is an incredible loss for our family, we celebrate the great life that he lived and know there will never be another like him.”

Born in Chicago in 1933, Jones said an early music influence was the hymns his mother used to sing around the house. Early on, he played music, the trumpet, and led others in band music.

As a very young man, Jones used to run with gangson the South Side of Chicago. But he later rose to the top of show business, becoming one of the first Black business leaders in Hollywood. Later, he established himself as a major composer and producer.

Jones shaped recordings by jazz greats such as Miles Davis and produced hits for Sinatra and Ella Fitzgerald. And he helped organize the 1985 money-raising event for Africa that resulted in the song We Are the World. The song went on to become one of the biggest hits of its time.

Jones composed music for Roots and In the Heat of the Night. He also organized President Bill Clinton’s first inaugural celebration in 1993. Jones also wrote several movie scores and co-produced the film The Color Purple. In addition, he co-produced the highly successful 1990s television show The Fresh Prince of Bel-Air, which launched the career of Will Smith.

Jones’s work with superstar Michael Jackson still represents one of his most lasting successes. He and Jackson made three wildly popular albums: Off the Wall in 1979, Thriller in 1982, and Bad in 1987.

Thriller sold more than 20 million copies in 1983 alone. It helped Jackson become the first major Black artist to have a video played on MTV and influenced countless other performers. Jones later explained, “Michael had the look and the voice, and I had every sound you can think of.”

Jones was known for keeping company with presidents and foreign leaders, movie stars and musicians, philanthropists and business leaders. His circle of friends included some of the most famous people of the 20th century, including artist Pablo Picasso, Pope John Paul II and Nelson Mandela.

The list of Jones’ honors and awards fills 18 pages in his 2001 autobiography Q. The book made him a best-selling writer. He won a total of 27 Grammy Awards, as well as two honorary Academy Awards and an Emmy for the television series Roots.

Jones also received France’s Legion d’Honneur, the Rudolph Valentino Award from the Republic of Italy and a Kennedy Center honor for his influence over American culture. He was the subject of a 1990 documentary called “Listen Up: The Lives of Quincy Jones,” as well as the 2018 film Quincy, directed by his daughter, Rashida Jones.

Chief of Army Staff, Lagbaja, Dies at 56

The Chief of Army Staff, Taoreed Lagbaja, is dead.

This was confirmed in a statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Wednesday.

In the statement titled ‘Announcement of the Passing of Chief of Army Staff, Lt. General Taoreed Abiodun Lagbaja,’ Onanuga said Lagbaja died on Tuesday night in Lagos after a period of illness.

“President Bola Ahmed Tinubu, Commander-in-Chief of the Armed Forces, regrets to announce the passing of Lt. General Taoreed Abiodun Lagbaja, Chief of the Army Staff, at age 56.

“President Tinubu expresses his heartfelt condolences to the family and the Nigerian Armed Forces during this difficult time. He wishes Lt. General Lagbaja eternal peace and honours his significant contributions to the nation,” the statement read.

Lagbaja was appointed Chief of Army Staff on June 19, 2023, by Tinubu.

According to the statement, Lagbaja demonstrated exceptional leadership and commitment throughout his service, serving as a platoon commander in the 93 Battalion and the 72 Special Forces Battalion.

The Presidency noted that he played pivotal roles in numerous internal security operations, including Operation ZAKI in Benue State, Lafiya Dole in Borno, Udoka in Southeast Nigeria, and Operation Forest Sanity across Kaduna and Niger States.

Lagbaja, an alumnus of the prestigious U.S. Army War College, is reported to be survived by his wife, Mariya, and their two children.

Meanwhile, Tinubu appointed Olufemi Oluyede as the acting Chief of Army Staff last Wednesday as Lagbaja was confirmed indisposed for weeks.

On Tuesday, he decorated Oluyede as Lieutenant General.

“It is both an honour and a privilege to decorate you today.

“This recognition reflects your commitment and service to the Nigerian military, which speaks volumes through your exemplary record.

“We recognise all that you have been doing to ensure the country is safe and stable,” the President said.

Zenith Bank Achieves Remarkable Triple-digit Topline Growth As Gross Earnings Hits N2.9trn in Q3 2024

Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2024, recording a remarkable triple-digit growth of 118% from N1.33 trillion reported in Q3 2023 to N2.9 trillion in Q3 2024. This performance underscores the Group’s resilience and market leadership in spite of the challenging macroeconomic environment.

According to the Bank’s unaudited third quarter financial results presented to the Nigerian Exchange (NGX), the triple-digit growth in the topline also led to an increase in the bottom line, as the Group recorded a 99% Year on Year (YoY) increase in profit before tax, growing from N505 billion in Q3 2023 to N1.0 trillion in Q3 2024.  Profit after tax equally grew by 91% from N434.2 billion to N827 billion in the same period.

The growth in the topline was driven by the expansion of both interest income and non-interest income. Interest income saw a notable 190% rise to N1.95 trillion, attributed to the high-yield environment. Non-interest income rose by 41% to N856 billion, bolstered by substantial growth in fees and commissions, which highlights the strength of Zenith Bank’s retail growth and the robust performance of its digital channels during the reporting period. The robust increase in profitability reflects the Bank’s focus on operational efficiency and strong risk management practices. Earnings per share (EPS) nearly doubled, rising to N26.34 from N13.82 in Q3 2023, underscoring Zenith Bank’s strong value creation for shareholders.

The Bank’s balance sheet grew significantly, with total assets growing by 49% to N30.4 trillion, largely supported by customer deposits, which rose by 42% to N21.6 trillion. This growth in deposits was broad-based across corporate and retail segments, highlighting the Bank’s deepening reach and customer loyalty. Gross loans increased by 46% to N10.3 trillion, underscoring the commitment to supporting strategic sectors in the economy.

Capital adequacy ratio remained strong, improving to 21.9%, well above regulatory requirements. The return on average equity (ROAE) stood at 37.8%, up from 35.1%, while return on average assets (ROAA) also improved to 4.3% as Zenith Bank maximized its asset base. Cost of funds increased to 4.3%, reflecting the broader market trend of rising interest rates, while the cost of risk was maintained at 7.3%, underscoring the Bank’s proactive approach in provisioning for credit risk. The Bank’s cost-to-income ratio rose to 39.5%, reflecting the impact of strategic investments in technology and capacity building aimed at supporting long-term growth, even as it continues to strive for greater operational efficiency. 

Zenith Bank’s asset quality remains a cornerstone of its strength, with a non-performing loan (NPL) ratio of 4.5%, within regulatory limits. A high coverage ratio of 198.4% underscores the Bank’s disciplined approach to risk management, positioning it for resilience in the face of market volatility while supporting stable loan growth.

Zenith Bank remains steadfast in its commitment to sustainable growth and value creation. The Bank launched a capital raise program on August 1, 2024, consisting of a combined Rights Issue and Public Offer. This capital raise was driven by the Central Bank of Nigeria (CBN)’s recapitalization directive for commercial banks issued in March 2024. While the Bank awaits final capital verification approvals from authorities, the fundraising exercise was successful, reflecting strong confidence in Zenith Bank’s brand.

The additional capital will enhance the Bank’s ability to expand its product offerings, deepen its penetration in strategic sectors, boost lending to the real sector and pursue its African and global expansion plan.  In furtherance of this, the Bank in September 2024 received regulatory approval for the establishment of a Zenith Bank branch in Paris, France, which is fully operational and will enhance the Bank’s product offerings in international markets. 

With a strengthened capital base, Zenith Bank is well-positioned to navigate the evolving economic landscape, while putting best-practice sustainability standards at the heart of its business. The Bank will also continue to prioritize opportunities that enhance stakeholder value and a strong compliance and corporate governance culture, which will reinforce the its leadership position within Nigeria’s financial sector and drive long-term growth.

Niyi Osundare to Receive Golden Key of Smederevo at Prestigious Serbian Poetry Festival

Renowned Nigerian poet and academic, Professor Niyi Osundare, has been named the 2024 recipient of the prestigious “Golden Key of Smederevo” award. This decision was made by the Awards Committee of the 56th International Poetry Festival “Smederevo Poets Autumn” at a meeting held on July 15, 2024. The award will be presented at the festival, which takes place from October 15 to 17, 2024, in Smederevo, Serbia.

The festival, established in 1970 to preserve and promote poetry, has hosted over 2,000 poets from around the world and published more than 400 books. The “Golden Key of Smederevo” is awarded annually to a distinguished poet and includes a gilded replica of the city’s key, the publication of a bilingual poetry book (in the laureate’s language and Serbian), and a monetary prize of €1,000.

In its decision, the Awards Committee praised Osundare as “one of the most prominent African poets, scholars, and intellectuals” of our time. He has authored over twenty poetry collections, four plays, and numerous monographs and articles on literature, language, culture, and society. His works have been translated into multiple languages, and his educational background spans three continents, with degrees from the University of Ibadan, University of Leeds, and York University.

The committee highlighted Osundare’s deep connection to African culture, noting how he uses poetry as a tool to “bridge the seas with verses,” telling stories that resonate with people across the globe while keeping Africa at the center of his creative imagination. The committee also commended his critique of contemporary global movements, such as postmodernism and posthumanism, and his advocacy for a more human-centered world, as powerfully expressed in his poem “I Sing of Change.”

Osundare, an Ekiti man from Ikere, has drawn deeply from his cultural roots to enrich his literary creativity, earning accolades such as the Noma Award, the Fonlon/Nichols Award, and induction into the Nigerian Order of Merit. His work not only celebrates the African tradition but also engages with global human concerns, reflecting his belief that poetry is “a value in itself and man meaning to man.”

Miljan Guberinić, the director of the festival, expressed his excitement at hosting Osundare and emphasized the festival’s deep commitment to celebrating poetry from diverse cultures. The festival has requested a video of Osundare reading three of his poems for promotion on social media, and arrangements are being made for his travel and accommodation.

Osundare’s participation in this year’s festival promises to foster a rich international dialogue, celebrating his unique voice and the global legacy of poetry.

The Awards Committee included Prof. Dr. Milena Vladić Jovanov, Chair, and Prof. Dr. Boško Suvajdžić, among others.

  • Babafemi Ojudu reports.