As I write, the major parties are electing their candidates for the November 6, 2021, governorship election in Anambra State of Nigeria. Chukwuma Soludo, a professor of economics and former Governor of the Central Bank of Nigeria, has emerged the candidate for the ruling All Progressives Grand Alliance (APGA). In a matter of days, the other major parties will announce their candidates for what is an important election in a state that holds the promise of Nigeria’s economic and social development.
What does Anambra need to do to become what Nigeria has so far failed to be: a rich and stable economy?
Let us start with basic facts. Anambra has tremendous potential for development. It has the highest number of millionaires per capita anywhere in Africa. In terms of educational attainment, Anambra competes with the likes of Imo and Delta states for the winner of the prize of the best graduating students in the West African Senior School Certificate Examination every year. The state has the largest industrial capacity in Nigeria, perhaps after from Lagos State, Nigeria’s commercial capital.
Anambra has Onitsha main market, Africa’s biggest market, a commercial emporium that in the old days attracted traders from as far as Guinea and Senegal. Anambra’s open market is an open commercial arcade. Anambra is highly urbanized and could easily be another Dubai or the 200km Ruhr Industrial Valley in Germany. It is the state with the highest per capital asset base in Nigeria; Anambrarians are the least poor of Nigerians in actual terms.
But with huge financial and human capital stocks, Anambra is underperforming like Nigeria. The only difference is that unlike Anambra, Nigeria lacks the requisite capital stock per capita. Soludo, one of the state’s leading public intellectuals, in his previous electoral campaign championed the idea of turning Anambra into what he called ‘Singapore-Taiwan-Dubai.’ This phrase has become a political singsong in the state. As politicians jostle for the office of the chief executive of the state, it is time to contemplate how to turn rhetoric into reality.
In his book, ‘Fortune Favors the Bold: What We Must Do to Build a New and Lasting Global Prosperity (2003), MIT’s Lester Thurow argues that Nnewi, the industrial capital of Anambra, could become the technology hub in Africa that can drive Africa’s rising as an economic power. This prophesy is not yet fulfilled, and Anambra lies crumbled under the weight of institutional dysfunction and undisciplined and incoherent leadership.
What needs to be done for Anambra to fulfill its destiny and help lift Nigeria from economic and social morass? What does Anambra have and what does it need? What will make Anambra ‘Singapore-Taiwan-Dubai’, as its politicians boast?
In the 1960s and early 1970s, the mantra of the first-generation theories of economic growth was capital accumulation. The famous W. W. Rostow argued that the transition from underdeveloped to developed economy entailed ‘stages of growth.’ Building on the classical Harrod-Domar model, which was based on the Keynesian model, the Solow model said economic growth requires increase in saving and investment. Paul Romer propounded the second-generation theory that identified ideas as an extremely important economic good. For him, what differentiates poor and rich nations is the quality of ideas in their economic and social interactions. This is the concept of human capital which is represented by education, especially technology education and innovation.
Today, Anambra can boast of the rudiments of a technological and innovation economy. Innoson Motors and other technologists in Anambra tell a story of strong potential. This is what Lester Thurow saw when he predicted an African economic breakthrough in Nnewi.
But Anambra needs the right political choice to create what Douglas North in the third-generation theory of economic growth referred to as ‘institutions.’ In this view, economic development depends on the quality of institutions and not necessarily on resource endowment or capital accumulation. For North, institutions are “humanly devised constraints that structure political, economic, and social interactions.” These institutions include law, norms, procedures, and patterns of social behaviour.
Based on its financial and human capital, Anambra should roar. But it is not. It needs another kind of capital, which is ‘social capital’, to become what Thurlow predicted. It needs the kind of institutions that can convert these capitals into high quality goods and an ecosystem that enables creativity and innovation. Anambra needs good leadership; it needs transformative leaders that would build the right governance systems and norms. The Light of the Nation, as Anambra State is known by its slogan, needs what Lee Kuan Yew provided Singapore, and the type of leadership that Mohammed bin Rashid al Maktoum provides the UAE, to become Nigeria’s Singapore or Taiwan or Dubai.
The journey is long. It starts with Anambrarians making the right political choice on November 6. They have to elect a leader who can build a transforming team that will turn their accumulated capital and technical know-how to sustainable industrialization, entrench new social habits that reinforce productivity, bridle reckless individualism, and stabilize the polity.
Sadly, the past does not raise much hope this will happen. But we remain hopeful.
By Dr. Sam Amadi, a former Chairman of the Nigerian Electricity Regulatory Commission, is the Director of Abuja School of Social and Political Thoughts.
[OPINION] Fraudsters’ University of Technology Owerri (FUTO)
By Farooq Kperogi
In this ongoing Pantamized fraudfessorial saga, the Federal University of Technology, Owerri, which I’ve chosen to rechristen as the “Fraudsters’ University of Technology Owerri” until it rescinds its fraudulent appointment to Pantami, isn’t getting the deserved censure its fraud invites.
In an interview with Saturday Tribune, FUTO’s registrar by the name of John Nnabuihe spouted many outrageous inaccuracies, which has caused me to question the very academic integrity of the entire university.
First, he said Pantami was an “Associate Professor” at the Islamic University of Madinah. He wasn’t. Saudi Arabia’s university system is modelled after the American system, and the minimum number of years required to be promoted to an associate professor from an assistant professor is 5 years. Pantami was an assistant professor for only two years.
Second, the registrar said the National Information Technology Development Agency (NITDA), which Pantami was a Director-General of, was “like a research institute.” That’s demonstrably false. NITDA, as its very name suggests, is a government agency, not a research institute.
Finally, the registrar said FUTO advertised the position of professor of cybersecurity, along with other academic positions, in September 2020 and that Pantami applied for it and got it. So, Pantami applied for an academic vacancy while he was (still is) a serving minister, in violation of the terms of his current employment, which should earn him consequences if Nigeria had laws.
What is worse, though, is that the registrar told Saturday Tribune that it is Pantami’s “business” whether or not he chooses to perform the duties of the vacancy he has filled! “He applied and FUTO has assessed and appointed him; it’s not my business [if he comes here to teach and research],” he said. Huh?
A university spent money to advertise a position in newspapers (by the way, can we see the newspaper ads for the position?). Then someone who isn’t qualified for the position applied for it and was mysteriously “assessed and appointed” to it. Nonetheless, the institution that advertised the vacancy because it had a need for it suddenly doesn’t care if the candidate “assessed and appointed” to the position performs the duties and responsibilities of the position. Ha!
What is the point of spending money to advertise a vacancy if you have no “business” with ensuring that the candidate who fills the vacancy performs the duties of the position? That doesn’t sound even halfway reasonable or sane. That registrar needs a psychiatric evaluation!
And, obviously, FUTO has no standards and does not examine the claims of people who apply for their academic positions. Pantami told them he had over 160 publications, and they believed him without verification.
He told them he was an “Associate Professor” in Saudi Arabia, and they’re too ignorant to know you can’t jump from assistant professor to associate professor in two years—with one publication in a predatory, non-peer-reviewed, garbage-in-garbage-out journal that is not indexed in any respectable scholarly database.
He told them NITDA is “like research institute,” and they couldn’t be bothered to question the accuracy of his claim even when the “A” in NITDA stands for agency, not “institute.”
Note, too, that when Pantami applied for the position of professor of cybersecurity in September 2020, he wasn’t at NITDA. Or is being minister of communication and digital economy also equivalent to being a researcher at an institute in FUTO’s guidelines and procedures for Pantamized Fraudfessorship?
What kinds of people work at FUTO? How many more Pantamized fraudfessorships have been hatched at FUTO that we don’t know about? It doesn’t look like there are any standards there—or that false claims are ever verified there.
And where is the FUTO alumni association? Are the school’s alumni at peace with how their school’s reputation is being dragged in the mud all over the world? Where are the legitimate professors at FUTO? Does their silence suggest that they’re probably also Pantamized fraudfessors?
Until FUTO rescinds its fraudfessorial appointment to Pantami, let everyone who gives a thought to basic decency and standards in Nigerian universities rechristen the university as the Fraudsters’ University of Technology, Owerri. It’s still FUTO, you know, but it’s a FUTO that “appoints” fraudfessors.
Interestingly, by a sheer stroke of phonological accident, the Hausa word for professor is “farfesa.” That’s awfully close to “fraudfessor” in pronunciation! Make of that what you will.
Finally, imagine for a moment that FUTO was a northern university that perpetrated this fraudfessorial antic!
[OPINION] Pantami: Congratulatory Letters Don’t Legitimize Fraud
By Farooq Kperogi
Isa Ali Pantami and the gang of unconscionably mercenary and dizzyingly shallow PR team around him seem to think that if they can get enough people to congratulate Pantami on his fraudulent professorial “promotion” (or, if you will, “appointment”) and say it is “well-deserved,” that it would somehow deodorize its overpoweringly malodorous ethical stench and perhaps even legitimize it.
But it doesn’t work that way. Fraud is fraud irrespective of what the beneficiaries of fraud do to defend it.
Someone from Gombe shared with me this congratulatory letter on Pantami’s fraudulent “professorship” that the Gombe chapter of the Christian Association of Nigeria (CAN) was instructed to write. I hope it’s a spoof because the atrociousness of the grammar in the letter is almost criminal!
Where next should we expect a congratulatory letter from to lend legitimacy to Pantami’s professorial fraud? After the cringeworthy letter from ATBU’s VC, I won’t be surprised if Pantami approaches the National Universities Commission (NUC). Although people do change, the Professor Abubakar Abdulrasheed I know would rather resign than endorse intellectual fraud.
Look, Pantami’s professorial appointment is undeserving, illegitimate, even illegal. Period! You can insult, smear, and attack me till the end of time. It won’t change that fact.
Pantami can bribe the Christian Association of Nigeria (CAN), the Nigeria Supreme Council for Islamic Affairs (NSCIA), Jama’atu Nasril Islam (JNI), VCs of universities, governors, and so on to congratulate him on his fraudulent professorship in the most fawning ways imaginable, but it won’t legitimize the fraud of his unmerited professorial appointment.
In fact, the fact that he has a need to bribe and beg people to congratulate him is prima facie evidence of his self-awareness that he is perpetrating sky-high intellectual fraud.
This is frankly sad because Pantami, whatever you may think of him, is a supremely intelligent man who has the potential to become a legitimate professor if he wants to. But he has allowed himself to be held hostage by conceit and a thirst for cheap, unearned glory.
[OPINION] How Buhari Broke The Jinx At NNPC
The news came like a thundering typhoon last week. For the first time in its 44 years history, the Nigerian National Petroleum Corporation (NNPC) had made a profit.
Net profit after tax stood at N287 billion in Year 2020, sequel to the completion of the statutory Annual Audit exercise. What year? 2020. Year of the Coronavirus pandemic, when most of the world, including Nigeria, was under lockdown! And here was NNPC, recording profit first time in its history. How did it happen? How can it?
Well, it happened because perhaps for the first time in the history of the country, and of the NNPC, there is a President who is not using the place like a personal automated teller machine. He’s not collecting millions upon millions of dollars by fiat, nor is he giving directives for any under-the-table deal. And that President also happens to be the Minister for Petroleum Resources.
Before we discuss how Muhammadu Buhari broke the jinx, let’s consider how naysayers responded to the good news. They first pretended it didn’t happen. The announcement came, and it didn’t resonate. They didn’t share it widely on social media, some traditional media platforms didn’t even publish it. Those who reluctantly did, made it sound more like an obituary announcement. What a country!
Remember they had said they would sell NNPC before the 2019 elections, which they had thought they would win. They lost. Flat. And the would-be sellers, and the prospective buyers, were naturally not happy that the oil corporation had made profit: under Buhari.
After first trying to downplay the news, they began to pick holes in it. The profit was only on paper and didn’t exist in real terms. It was money that should have gone into the Federation Account and was withheld by NNPC. Blah, blah, blah. The same NNPC they had wanted to sell to their friends.
I like the online interventions to the development by two friends and patriots. Simbo Olorunfemi, author and publisher, said: “To habitually doubt good news, yet never hesitant about embracing bad news, is an eloquent proof of the state of mind.”
Profound. Deep. Food for thought. All the years oil prices hit the rooftops, and NNPC recorded losses, they believed. Now, to hear that the same outfit made profit in a lockdown year, they disbelieved. Thomases! Doubters. Unless I see the mark of nails on his hands, and the spear wound on his side, I wouldn’t believe. “Then said he to Thomas! Be not faithless but believing.”
The second intervention online is by Kurtis Adigba, a lawyer and ‘one-man battalion’ for Buhari, and for Nigeria. He submitted: “Hate is not a stock or equity we must own a piece of. It pays dividends but only in death and destruction.”
Yes. They hated the news of NNPC profit because it came under a most unlikely man. How dare he? Who permitted him! Anything we don’t do, can’t be done by anybody else.
Now, how did Buhari do it? What did he do differently, that made NNPC a winning corporation? Permit me to recall this piece I did in November last year, which answers most of the questions. It was under the headline; The Essential Buhari: NNPC GMD’s Testimony:
On Friday last week, Mallam Mele Kolo Kyari, Group Managing Director of Nigeria National Petroleum Corporation (NNPC), held an engagement with energy editors across diverse media platforms. Yours truly was invited.
I currently serve as media adviser to President Muhammadu Buhari, but I remain essentially a newspaper man. There’s nothing I love better. And when done in government, the media still beckons, by the grace of God. So, I felt quite at home at the NNPC event, which was designed to update the media on current developments in the petroleum industry.
When a General Officer Commanding (GOC) moves, the brigade commanders and all other brass hats move too. At that outing with the GMD were the managing directors of subsidiaries, group general managers, and Who is Who in NNPC. The information garnered was worth its weight in gold.
NNPC is transforming from an integrated oil and gas company into an energy company, Mele Kyari disclosed. And quite contrary to the opacity of the past, operations of the energy company are as transparent as possible. His words:
“Over the past one and a half years, we have tried to keep that promise by sustaining the publication of our Monthly Financial and Operations Report (MFOR). No company, to my knowledge, does this.
“We have taken our transparency drive a notch higher by publishing our Audited Financial Statement for the 2018 and 2019 financial years on our website for all interested persons to see the significant turnaround in our performance recording 99.8% year-on-year.”
Which corporation was the GMD talking about? NNPC? Didn’t we know the place as the automated teller machine of presidents, oil ministers, any political party in power, and also the object of pillage by those who run the place? But under President Muhammadu Buhari, it is a new energy company, because a new broom was in town, and was sweeping so clean. More about that later.
Kyari said there was no information anybody wanted about NNPC operations that was not already in the public domain, adding: “I can say that we have kept our word as far as transparency and accountability are concerned. We will continue to do more until the word opacity is no longer associated with the Nigerian oil and gas industry.”
Some exploratory successes by NNPC, according to the GMD, include oil find in commercial quantity in the Upper Benue Trough, very high prospect of oil find in Kolmani River III Well, while seismic data collection is ongoing in the Bida Basin, “and we are relaunching exploration work in the Chad Basin.”
The world focuses more on gas as energy of the future, rather than petroleum, and the NNPC Boss said Nigeria was not left behind:
“We are investing aggressively in gas to take advantage of the energy transition and get Nigeria ready for the future in the face of the dwindling fortunes of petroleum liquids.
“You may be aware of the NLNG Train 7 and other gas infrastructure projects…all these are aimed at ensuring that Nigeria takes its rightful place in the emerging global energy order where natural gas is envisaged to play a pivotal role.”
The Yuletide season is often characterized by severe fuel scarcity. But the GMD assured that the energy company has solid arrangements in place to sustain fuel supply across the country., “and we are sure of maintaining zero fuel queues throughout the Christmas and New Year festive season into 2021.”
Can there be a parley between the media and NNPC at this time, and deregulation of the prices of petrol not feature? It would sure be incomplete. Hear the GMD: “Even though gasoline price is as high as N464/liter in Niger and more than double our N160/litre range in most West African countries, we would continue to ensure Nigerians benefit from lowest comparative prices in West Africa and beyond.”
He gave comparative prices of gasoline in some West African countries as of November 16, 2020, thus: Senegal, N549. Mali, N438, Chad, N368, Sierra Leone, N274, Liberia, N328, Ghana, N325, Cameroon, N446, and many others.
The GMD used the opportunity of the parley to debunk allegations that NNPC failed to remit funds that should accrue to the Federation, and that it illegally withdrew money from the NLNG Dividends Account.
“Such is not possible under the TSA (Treasury Single Account) arrangement,” he posited.
Talking further on the new order of transparency in NNPC, he said President Muhammadu Buhari, who doubles as Minister of Petroleum, “has never made any demand of us, has never asked for a single thing for himself, or for any individual.”
He added: “Anytime I see him, and we need to take a decision, he only asks; ‘is this in the interest of the ordinary Nigerian? Is it in the interest of our country?’ Once we can defend that, he gives approval. Not once has he asked for anything personal.”
In this Nigeria? A President will not give orders to NNPC to cut corners, and bring out millions upon millions of dollars, to fund private projects, or simply stash such money away? This Buhari is sure a strange one, a worthy example of probity, transparency, accountability. No wonder the Hausa man calls him Mai Gaskiya (the honest one).
He was military governor. Oil Minister for over three years. Head of State for 20 months. Chairman, Petroleum Trust Fund. Now President for six years running. Yet, he owns no petrol station, not to talk of an oil bloc. Do they make them like this anymore? I doubt.
I recall a testimony also given by Mr Babatunde Raji Fashola, former two-term Governor of Lagos State, when he was Minister of Power, Works, and Housing. He said not once, not even half of a time, did President Buhari ever send anyone to him for patronage of any kind, nor did he show a preference for anybody. And I ask again: do they make them like this anymore? I doubt.
A final recall. One night, I had visited the President at home, just on a social call. It was about 8 pm, and just two of us were in his waiting room. The other man is ex-this, ex-that in the country, having held many prominent positions. He told me: “Look at this sprawling place. Only two of us waiting to see the Big Boss. It didn’t use to be like this. This place would be like a market till about 3 am daily, as people come to cut deals and take a slice of the National cake. But President Buhari does no deal with anyone. That’s why only two of us are here.”
What a man! What testimonies all round! Surely, they don’t make them like this anymore. Or do they?
Adesina is Special Adviser to President Buhari on Media and Publicity
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