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EMPOWERING PEACE, TRANSFORMING LIVES: THE PRESIDENTIAL AMNESTY PROGRAMMEON THE WATCH OF DR. BRUTU OTUARO

by with No Comment By Kunle Olu Ojo

Dr Dennis Otuaro, the Administrator of the Presidential Amnesty Programme (PAP),is a man of great thinking . In managing the programme under his watch, he is dealing with stakeholders with different interests, voices and visions, often disparate and divergent, to ensure continued peace-building and the future.

Niger Delta is caught in four monumental traps: inequality and poverty; low growth and slow productive transformation; environmental difficulties; and institutional weakness. Dr Otuaro is working to achieve impacts on these. And he envisions a Niger Delta where peace is permanently secured and where the people of the region are empowered to thrive.

He assumed the leadership of the Presidential Amnesty Programme with a clear mission: to transform the lives of ex-militants and other impacted individuals by equipping them with skills, education, and opportunities for sustainable livelihoods. With a background in law, human rights advocacy, and conflict resolution, Utuaro brought a wealth of experience to the programme, allowing him to steer it towards tangible socio-economic development. Under his watchful eye, the initiative has recorded unprecedented successes in peacebuilding, vocational training, education, and economic empowerment across the Niger Delta.

From the outset of his tenure, Utuaro recognized the need for a comprehensive approach that went beyond the initial goals of disarmament, demobilization, and reintegration (DDR). His vision was to empower individuals to become self-sufficient, contributing members of society. This required not only vocational training but also education, mental health support, and economic opportunities.

One of the hallmarks of Utuaro’s leadership has been his emphasis on the holistic development of beneficiaries. Rather than merely training individuals in specific skills, the programme under his watch has focused on building a well-rounded foundation for ex-combatants, ensuring that they receive education and support tailored to their unique needs and aspirations.

Under Dr. Utuaro’s stewardship, the Presidential Amnesty Programme has been achieving remarkable milestones, reshaping the lives of thousands across the Niger Delta. Some of the key achievements include vocational training and skills development, educational empowerment, entrepreneurship and economic empowerment, reintegration and community development, mental health and psychosocial support.

One of the most significant aspects of the programme has been its focus on vocational training, aimed at equipping beneficiaries with the skills they need to succeed in various industries. Under Utuaro’s leadership, the programme expanded its scope, offering training in sectors such as agriculture, maritime, construction, oil and gas, and information technology. Beneficiaries have been trained as welders, electricians, boat builders, mechanics, and in other high-demand trades, giving them the tools to thrive in both local and global markets.

Furthermore, partnerships with reputable international training institutions have provided beneficiaries with world-class skills, positioning them to compete in international job markets. These collaborations have not only boosted the confidence of the beneficiaries but have also improved the region’s human capital potential.

Beyond vocational training, the Presidential Amnesty Programme has placed significant emphasis on formal education. Hundreds of ex-militants and impacted youths have been sponsored to pursue higher education at universities both in Nigeria and abroad. These individuals, who may have otherwise been left behind, now have access to tertiary education and are pursuing degrees in fields such as engineering, medicine, law, and the social sciences.

Dr. Utuaro’s belief in the transformative power of education has driven the programme to invest in both academic scholarships and vocational diplomas. As a result, numerous beneficiaries have gone on to secure high-level employment in both the private and public sectors. For many, the opportunity to pursue education has been a second chance at life—one they have seized with both hands.

Recognizing the need for sustainable livelihoods, Utuaro has prioritized entrepreneurship and economic empowerment for beneficiaries. The programme has provided seed funding, mentorship, and support to ex-militants who wish to start their own businesses. From agriculture to small-scale manufacturing and trade, many former militants have become successful entrepreneurs, employing others and contributing to the economic growth of their communities.

In addition, the Presidential Amnesty Programme has established cooperative societies and supported beneficiaries in the formation of small and medium-sized enterprises (SMEs). These businesses have not only provided a means of income for the individuals involved but have also created jobs and stimulated economic activities in the Niger Delta.

While the focus has been on rehabilitating ex-militants, the success of the reintegration process depends on the support of the communities they return to. Under Utuaro’s leadership, the Presidential Amnesty Programme has fostered strong relationships between beneficiaries and their communities, encouraging reconciliation and mutual trust. Through various community outreach programs, the initiative has promoted peace and social cohesion, ensuring that ex-combatants are welcomed back into society and given a chance to thrive.

Moreover, infrastructure development projects, such as the construction of schools, healthcare facilities, and vocational training centers, have been launched across the region. These efforts have contributed to the overall development of the Niger Delta, benefiting both ex-combatants and the wider population.

A critical aspect of the amnesty programme under Utuaro’s leadership has been the provision of mental health and psychosocial support to beneficiaries. Many ex-combatants faced trauma and psychological challenges due to their experiences during the conflict. The programme has established counseling and support services to address these issues, ensuring that beneficiaries are mentally and emotionally prepared to reintegrate into society.

This support has been instrumental in helping individuals rebuild their lives and has contributed to the overall success of the reintegration process.

Dr. Utuaro has also made significant strides in ensuring that the Presidential Amnesty Programme is inclusive of women, many of whom were affected by the conflict in various ways. Female beneficiaries have been provided with vocational training, education, and entrepreneurial support, empowering them to build sustainable livelihoods and become leaders in their communities.

Recently, Dr.  Otuaro promised involvement of more women in the Niger Delta peace process. He said that his administration will ensure the inclusion of more Niger Delta women in the implementation of the PAP mandate. He also stated that the women folk of the region would be an integral part of the consultation process initiated by the PAP Office for its peace-building efforts to foster sustainable peace, stability and economic growth in the area.

He disclosed this while addressing the Niger Delta women at a meeting in Warri, Delta State with the theme, ‘Niger Delta Women Empowerment: A Panacea for Peace, Stability and Economic Growth in The Region.’

The meeting was part of an expanded Niger Delta stakeholders’ engagement by the PAP office with traditional rulers, opinion leaders, women groups and youth bodies, leaders and members of the various Phases, among others.

Among the women in attendance were frontline activist and former spokesperson for the Ijaw Republican Assembly, AnnKio Briggs; CNN African Journalist of the Year award winner, Ibiba Don-Pedro; President of Ijaw Women Connect, Rosemary Naigba-Oduone; first national women leader of Ijaw Youth Council, Rosebella Jackson; and second national women leader of IYC, Dr Lolo Fubara Sax-Hailsham.

Others included Philomena Onokpuvie, Primrose Kpokposei, Dr Beauty Agbaiboror, Madam Godfrey Bebenimibo, Caroline Ene, Vero Smooth, Ghana Pondi, Tonbra Kilopirite, Beauty Warizowei, among others.

A press statement issued by his Special Assistant on Media, Mr Igoniko Oduma,  quoted Otuaro as saying that the women folk deserved more inclusion because many female activists and youths actively participated in the Niger Delta struggle.

He added  that several of the female youths also suffered great personal losses while the women folk alongside their communities became first casualties in the attendant conflicts resulting from the agitation.

He said President Bola Tinubu takes women empowerment seriously and has endorsed the PAP’s office’s measures to support girl-child learning and Niger Delta women to enhance their small and medium scale businesses to boost economic growth and peace in the region.

“Under my leadership, there will be more inclusion and consultation of women in our formal education scholarship and vocational training schemes, as well as peace-building initiatives.” Otuaro said.

Women in the Niger Delta, often sidelined in previous peacebuilding efforts, now have a platform through the Amnesty Programme to develop skills and participate in the region’s socio-economic development. This inclusivity has been critical in fostering broader societal transformation and reducing gender-based inequalities in the region.

Despite its many successes, the Presidential Amnesty Programme under Dr. Otuaro’s leadership has not been without challenges. The sheer scale of the task—managing the reintegration of thousands of ex-combatants and addressing the broader socio-economic issues in the Niger Delta—has been daunting. Limited resources, occasional political interference, and the fluctuating global oil market have posed obstacles to the programme’s objectives.

Additionally, maintaining peace and stability in the region remains a constant concern, as the root causes of conflict—such as poverty, environmental degradation, and political marginalization—persist. Utuaro has called for sustained government investment in infrastructure, education, and environmental cleanup in the Niger Delta to complement the efforts of the Amnesty Programme.

Looking ahead,  he has emphasized the need for the Federal Government to continue supporting the programme and expanding its scope to address the evolving needs of the region. He believes that, with sustained investment and political will, the gains made by the Amnesty Programme can be solidified, ensuring long-term peace and development in the Niger Delta.

Dr. Otuaro’s tenure as the Coordinator of the Presidential Amnesty Programme has been marked by a clear focus on peacebuilding, human capital development, and socio-economic empowerment. His leadership has transformed the programme from a disarmament initiative into a comprehensive reintegration and development effort that has touched the lives of thousands across the Niger Delta.

Through vocational training, education, entrepreneurship, and community development, Utuaro has created pathways for ex-militants and impacted individuals to rebuild their lives and contribute to the region’s peace and prosperity. His unwavering commitment to inclusivity, mental health, and sustainable development has set a high standard for future leadership in the Niger Delta.

As the region continues to navigate its challenges,  Otuaro’s leadership in the Presidential Amnesty Programme will be remembered as a cornerstone of peace and transformation in the Niger Delta—an example of what can be achieved when visionary leadership meets a genuine commitment to the welfare of the people.

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DAVE UMAHI’S TASK OF SPEARHEADING NIGERIA’S INFRASTRUCTURE RENNAISSANCE FOR BOLA TINUBU RENEWED HOPE AGENDA

by with No Comment By Tayo Are

Engr. Dave Nweze Umahi, Nigeria’s Minister Works is a seasoned technocrat and an accomplished engineer. He is a man who is committed to sound infrastructure and human capital development, whose philosophy is anchored in the belief that infrastructure serves as the backbone of national development. And his performance and leadership at the ministry of works is helping to propel the Tinubu government’s vision for a renewed Nigeria.

Since his appointment as Nigeria’s Minister of Works by President Bola Ahmed Tinubu in 2023, Engr. Umahi has embarked on an ambitious journey to transform the nation’s road infrastructure, positioning himself as a cornerstone in Tinubu’s “Renewed Hope” agenda- a comprehensive blueprint for national development, focusing on economic growth, infrastructure development, job creation, and social welfare. This former governor of Ebonyi State has seamlessly integrated his wealth of experience into this “Renewed Hope” agenda, making remarkable strides in the ministry of works.

Upon his appointment, Umahi pledged to overhaul Nigeria’s road network with a focus on improving quality, implementing cost-effective solutions, and ensuring timely project completion. In alignment with President Tinubu’s vision, Umahi set about addressing the nation’s infrastructure deficit with determination, transparency, and innovation.

As soon as he resumed office, he analyzed the challenges and future prospects in the task before him.  He saw several challenges in the mission to transform Nigeria’s road infrastructure. Limited funding, bureaucratic hurdles, and security concerns in certain regions remain significant obstacles. Then he mapped out ways to ensure things work really well. Umahi has proven to be a resilient and resourceful leader, navigating these challenges with pragmatism and determination.

Revitalizing Nigeria’s road network and a commitment to durability is central to Umahi vision at The ministry. Notably, one of the most significant challenges Nigeria faces is the poor state of its road network, which has hampered economic activities and contributed to road accidents. Umahi’s immediate focus upon assuming office was to revitalize Nigeria’s federal road infrastructure. Over the years, Nigeria’s roads have deteriorated due to poor maintenance, low-quality construction, and corruption within the contracting processes. Umahi’s first step was to audit existing projects and assess their status, a move aimed at identifying stalled or abandoned projects and fast-tracking their completion.

He introduced reforms to ensure that all ongoing road projects meet global standards for durability. In a move that embodies his commitment to transparency, he has placed emphasis on the use of concrete roads as a solution to the recurrent issue of potholes and degradation. While asphalt roads have been the traditional choice, Umahi has advocated for concrete alternatives, citing their longer lifespan and lower maintenance costs. This transition to concrete has begun to take root across Nigeria, with key highways and federal roads undergoing reconstruction using this innovative approach.

The Abuja-Kaduna-Zaria-Kano Road project is a prime example of how Umahi has championed this transition. The road, a vital economic artery connecting the northern and central regions, had been plagued by delays and substandard construction. Umahi’s insistence on quality and the introduction of concrete road technology has accelerated the pace of work, and when completed, the road is expected to have a significant impact on trade and mobility in the region. His leadership has brought about a refreshing shift in the narrative surrounding infrastructure projects, with Nigerians beginning to witness the tangible outcomes of Tinubu’s Renewed Hope agenda.

Under Umahi’s stewardship, the Ministry of Works has taken a proactive stance on the issue of project delays. Historically, federal road projects in Nigeria have been notorious for their lengthy timelines, with many spanning years or even decades without completion. Umahi has made it clear that such inefficiencies will no longer be tolerated. To this end, he initiated a review of all ongoing projects, identifying areas where bureaucratic bottlenecks, contractor inefficiencies, and funding issues were causing delays.

One of the minister’s key innovations has been the introduction of performance-based contracts. Contractors are now held to stricter timelines and quality standards, with penalties for non-compliance. This approach has already begun yielding results, with several key projects either completed or nearing completion far ahead of schedule. The Enugu-Port Harcourt Expressway, a vital link between the South-East and South-South regions, had been stalled for years. However, since Umahi took office, the project has gained renewed momentum, with a clear deadline for completion set.

Another remarkable achievement is the completion of the Second Niger Bridge, an iconic project that had long been symbolic of Nigeria’s infrastructure deficit. The bridge, which connects the South-East to the South-West, is crucial for trade, transportation, and regional integration. Umahi made the completion of this project a top priority, working tirelessly with contractors to ensure that all technical, financial, and logistical challenges were overcome.

Expanding the road network and reaching every corner of Nigeria is also crucial to the minister. While reviving and completing existing projects is a significant part of Umahi’s mandate, he has also focused on expanding Nigeria’s road network. He has identified regions with inadequate connectivity and has prioritized the construction of new roads to bridge the infrastructure gap between urban and rural areas. This is particularly crucial in fulfilling President Tinubu’s agenda of inclusive development, where every region of the country benefits from national growth.

In the North-East, where decades of insurgency have crippled infrastructure development, Umahi has worked in collaboration with security agencies and state governments to launch road projects that connect rural communities to major urban centers. This has not only spurred economic activities in the region but has also contributed to the broader goal of stabilizing conflict-affected areas by promoting economic growth and social cohesion.

Similarly, in the South-West, Umahi has made significant progress in the Lagos-Ibadan Expressway project, which has been ongoing for over a decade. This key road, which links Lagos, the nation’s commercial hub, to other parts of the country, had been riddled with delays and construction challenges. Under Umahi’s watch, substantial progress has been made, and the road is now expected to be fully operational within a short period, drastically reducing travel times and enhancing trade between Lagos and the hinterlands.

Umahi’s focus on rural roads has also begun to bear fruit. In a bid to integrate the agricultural sector more effectively into the national economy, Umahi has spearheaded the construction of farm-to-market roads across various states. These roads, often overlooked by previous administrations, are essential for ensuring that farmers can transport their produce to urban markets efficiently. This effort aligns with President Tinubu’s agricultural policy, which seeks to enhance food security and reduce dependence on imports.

Engr. Umahi’s engineering background has equipped him with a meticulous understanding of project costing and resource management. One of his most commendable achievements in the Ministry of Works has been his ability to reduce the cost of road construction without compromising on quality. Through the elimination of wasteful spending, Umahi has redirected resources to where they are most needed, ensuring that every naira spent on road projects delivers maximum value.

Umahi has restructured the procurement process, introducing greater transparency and accountability. Contractors are now required to adhere to stricter guidelines on project costing, with independent audits conducted to ensure that funds are being used judiciously. This financial prudence has resulted in significant savings for the government, allowing for the initiation of more projects without placing undue strain on the national budget.

Umahi’s resourcefulness has also extended to the mobilization of alternative funding sources for road projects. Recognizing the limitations of the federal budget, he has actively sought partnerships with the private sector, leveraging public-private partnerships (PPPs) to fund key infrastructure projects.

Human capital development and empowering Nigeria’s Workforce through infrastructural projects has been part of Umahi development agenda since his days as governor in the south-eastern state of Ebonyi. Beyond the physical construction of roads, Engr. Dave Umahi’s stewardship- at the ministry of Works, makes a significant impact on human capital development. Infrastructure development is a labor-intensive sector, and Umahi has made it a point to ensure that road construction projects provide employment opportunities for Nigerians, particularly in regions with high unemployment rates.

Under his leadership, the Ministry of Works has implemented policies that prioritize the hiring of local labor for construction projects. This has resulted in the creation of thousands of jobs, directly benefiting local communities and reducing poverty levels. Furthermore, Umahi has introduced training programs to equip workers with the necessary skills to participate in road construction projects. These programs, conducted in collaboration with technical institutions and private companies, are designed to build a workforce that is not only employed in the short term but also equipped for long-term careers in the construction industry.

Umahi’s commitment to human capital development is in line with President Tinubu’s broader goal of empowering Nigeria’s youth through job creation and skills acquisition. By focusing on infrastructure as a key driver of employment, Umahi is contributing to the administration’s efforts to address unemployment and create a more prosperous future for the country.

At the heart of President Bola Tinubu’s Renewed Hope agenda is the belief that a robust economy can only be built on the foundation of a well-developed infrastructure network. Roads, bridges, and highways are the lifeblood of any economy, facilitating trade, commerce, and industrial development, prioritizing infrastructure development, Umahi is playing a central role in advancing the administration’s economic vision.

One of the most notable ways in which Umahi’s work supports Tinubu’s economic vision is by working to ensure that good roads are in place, helping to improve the ease of doing business in the process. Poor road infrastructure has long been a barrier to economic growth in Nigeria, contributing to high transportation costs, delays in the delivery of goods, and reduced competitiveness. Umahi’s focus on rehabilitating and expanding key transport corridors has begun to reverse this trend, making it easier for businesses to operate efficiently.

Additionally, the improved road network is expected to have a multiplier effect on other sectors of the economy, including agriculture, manufacturing, and tourism. For example, the ongoing construction of roads in the North-Central region is expected to boost agricultural productivity by providing farmers with better access to markets. Similarly, the rehabilitation of roads leading to tourist destinations in states such as Cross River and Ogun will encourage domestic and international tourism, contributing to the growth of the hospitality industry.

Looking ahead, Umahi’s vision for Nigeria’s infrastructure is one of sustainability and long-term planning. He has expressed a commitment to ensuring that all projects initiated under his watch are not only completed but maintained to prevent the cycle of deterioration that has plagued Nigeria’s roads in the past. His emphasis on concrete roads, public-private partnerships, and transparency in project execution provides a solid foundation for the future of Nigeria’s infrastructure development.

His engineering expertise and effective governance have earned him widespread admiration and respect. Umahi’s appointment as the first Igbo Minister of Works in Nigeria’s history underscores President Tinubu’s commitment to meritocracy and inclusivity.

With 30 years of engineering experience and his status as a Fellow of the Nigerian Society of Engineers, Umahi’s qualifications for the role are evident. His leadership in Ebonyi State demonstrated his ability to overcome economic challenges and deliver substantial infrastructure projects. Umahi’s tenure as governor proved his capacity to drive development and improve living standards in one of Nigeria’s poorest states.

Since assuming office as Minister of Works, Umahi has embarked on numerous infrastructure projects, including the successful reopening of the Third Mainland Bridge in Lagos after extensive maintenance works. His efforts have been instrumental in addressing Nigeria’s infrastructural deficits, earning him accolades from across the country.

Umahi’s selection as Minister of Works is seen as a significant departure from traditional political appointments, emphasizing competence and expertise. His ability to bridge political, religious, and ethnic divides positions him as a unifying figure in Nigeria’s development landscape.

The federal government’s awarding of the Lagos to Calabar coastal highway project has further solidified David Umahi’s reputation as a dedicated and effective leader. His hands-on approach and frequent site inspections underscore his commitment to delivering quality infrastructure across the country.

Engr. Umahi’s performance as Nigeria’s Minister of Works exemplifies the transformative potential of skilled and dedicated leadership. His achievements in Ebonyi State and his ongoing national projects mark a new era of infrastructural development under President Tinubu’s administration

No wonder a data governance analyst, Johnson Kolawole, a political analyst Jide Ojo, and the Executive Director of the Africa Polling Institute, Bell Ihua, rated ministers in the federal cabinet, listing the top performers, and Umahi was among them.

Umahi served as the governor of Ebonyi State from 2015 to 2023 and as the senator representing Ebonyi South senatorial district from June to August 2023. During his time as governor, Umahi achieved significant infrastructural development, including the construction of over 20 flyovers in eight years despite limited resources.

Engr. Dave Umahi’s giant strides as Minister of Works have been nothing short of transformative. His achievements in reviving Nigeria’s road infrastructure, expanding the road network, ensuring financial prudence, and creating jobs have made him a key player in President Bola Tinubu’s Renewed Hope agenda. Umahi’s leadership, innovation, and commitment to quality have set a new standard for infrastructure development in Nigeria. As the nation continues its journey toward economic growth and development, Umahi’s contributions will remain a lasting legacy, supporting Tinubu’s vision of a prosperous and united Nigeria.

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ABDULHAMID SALAWU UPLIFTING SOMOLU LOCAL GOVERNMENT THROUGH PURPOSEFUL GOVERNANCE

by with No Comment By Elvis Ebigwu

Hon. Abdulhamid Salawu is a catalyst for transformation in Somolu Local Government Area of Lagos State. His name resonates in the state as a model of purposeful and transformational leadership. As the Executive Chairman of Somolu Local Government, his performance in terms of service delivery has been quite amazing. As a result of this, his name has become synonymous with a new wave of change and progress in the community, in recent years. Hon. Salawu has overseen a transformative period, marked by unprecedented strides in infrastructure development, social service delivery, and economic empowerment.

Salawu’s leadership in Somolu is a testament to what visionary governance can achieve when driven by a genuine commitment to the well-being of the people. His time in office has brought about a renaissance in Somolu, creating tangible impacts that resonate in every corner of the local government area.

From improved infrastructure and healthcare services to youth empowerment, education, and economic development, Salawu has been making an indelible mark on the community. As a result of the way his name resonates with good governance, he has been getting accolades from far and near. Recently, the Lagos State House of Assembly lauded the administration in Shomolu Local Government over infrastructural developments in the area. Showering the commendation on the Chairman, Abdul Salawu, the lawmakers led by Honourable Babatunde Okanlawon, who represents Kosofe Constituecy 01, disclosed that the local government has provided lots of democratic dividends to the people.

Sometimes earlier on, in another development, Lagos State House of Assembly also commended Somolu Local Government authority over healthcare delivery, stating that the local government has done well in primary healthcare sector. As part of the oversight function of Lagos State House of Assembly, the House Committee on Health, paid a visit to Somolu Local Government.

His vision is rooted in community service. When Abdulhamid Salawu first took office, the vision was clear: to uplift Somolu through purposeful governance, addressing the most pressing needs of the residents while laying a foundation for sustainable development. Drawing from his background in grassroots politics and community engagement, Salawu understood that real change had to be rooted in service to the people. His approach was not about grandstanding or political theatrics, but about rolling up his sleeves and getting to work on the issues that mattered most to Somolu’s residents.

In his inaugural address, Salawu emphasized that his administration would prioritize education, infrastructure, healthcare, and youth empowerment, and he has stayed true to those commitments now.

In terms of infrastructure, he has given Somolu a new face. One of the most significant aspects of his administration has been the extensive infrastructural development projects that have reshaped Somolu’s landscape. Roads that were once impassable, due to potholes and flooding, have been rehabilitated and upgraded, making commuting within the local government area far easier for residents and business owners alike.

Key roads such as Alade Market Road, Bajulaiye Road, and the iconic Fola Agoro Road have all seen major improvements, including resurfacing, proper drainage systems, and road markings. These upgrades have not only reduced traffic and enhanced accessibility but also helped prevent the perennial flooding that used to cripple the area during Lagos’ notorious rainy seasons. In addition, street lighting projects have been initiated to improve safety and security in major parts of Somolu, making it easier for residents to go about their business even after dark.

Beyond roads, Salawu has taken steps to address Somolu’s growing population and its need for public spaces. The construction and renovation of parks and recreational centers have been a key part of this effort. For instance, the Somolu Youth Recreation Center was renovated and equipped with modern facilities, providing a safe space for youth to engage in sports and other productive activities. Such spaces have become crucial for fostering community engagement, promoting physical well-being, and offering alternatives to social vices.

Healthcare delivery is also crucial to Salawu’s leadership. And this has been another area of remarkable progress in Somolu Local Government. Recognizing the importance of accessible and affordable healthcare services, his administration has undertaken a series of initiatives aimed at upgrading the existing healthcare infrastructure and expanding healthcare delivery.

The renovation of the Somolu Primary Healthcare Centre (PHC) stands as one of his administration’s crowning achievements. The once-neglected facility was transformed into a modern, well-equipped healthcare center capable of providing comprehensive maternal and child healthcare services, immunization programs, and basic treatments for common ailments. Salawu’s administration ensured that these centers were not only renovated but also staffed with well-trained medical personnel, and that essential drugs and medical supplies were made available.

In addition to upgrading healthcare facilities, Salawu’s administration launched periodic medical outreach programs across Somolu, offering free medical consultations, screenings, and medications to residents. These outreach progrrammes, which cater to hundreds of people at a time, have become vital in bridging the gap between the healthcare needs of low-income residents and their access to affordable medical services.

The COVID-19 pandemic further highlighted Salawu’s commitment to healthcare. His administration quickly mobilized resources to provide palliative measures to the most vulnerable in the community, and Somolu’s healthcare centers played a pivotal role in the local vaccination campaign. Salawu was at the forefront of efforts to educate residents about the virus, enforce safety protocols, and ensure that vaccines were accessible to all eligible individuals in the area.

Youth development and empowerment a crucial part of Salawu’s agenda. He focuses seriously on this. Recognizing that the future of Somolu lies in its young population, he has initiated several programs aimed at providing youth with the skills, opportunities, and platforms they need to succeed.

One of his administration’s flagship initiatives is the Somolu Youth Empowerment Scheme (SYES), which provides vocational training in various fields, including carpentry, tailoring, digital skills, and cosmetology. Hundreds of young people have benefited from this program, equipping them with the skills needed to start their businesses or seek gainful employment. Salawu’s administration also provides start-up kits and seed capital for select beneficiaries, ensuring that they can hit the ground running after their training.

Additionally, the local government has organized career fairs, mentorship programs, and entrepreneurship workshops, partnering with local businesses and industry professionals to inspire and guide young people. Through these efforts, Salawu has created an enabling environment for Somolu’s youth to thrive, reducing unemployment and fostering economic self-reliance.

Salawu has also promoted the inclusion of youth in governance. He appointed several young people to key positions within his administration, providing them with leadership experience and exposure to the workings of local government. This move not only energizes his administration with fresh ideas but also empowers the next generation of leaders who will continue driving Somolu’s development.

To Salawu’s administration, education is a foundation for sustainable development. So he has made education a central pillar of its development agenda. Understanding that education is the bedrock of any thriving community, Salawu has invested in improving the quality of education at both primary and secondary levels within Somolu.

One of his major initiatives was the renovation of several public schools in Somolu, many of which had been in a state of disrepair for years. Classrooms were rebuilt, roofs replaced, and learning environments enhanced with the provision of modern teaching aids and furniture. Salawu’s administration also ensured that sanitary facilities in these schools were upgraded, recognizing the critical role hygiene plays in creating a conducive learning environment.

In addition to infrastructural improvements, Salawu’s government has launched scholarship programs to support indigent students in Somolu. These scholarships, which cover tuition fees and other educational expenses, have helped reduce the financial burden on low-income families and enabled more children to complete their education. Salawu also introduced free school feeding programs in collaboration with state and federal government initiatives, ensuring that students in public schools receive nutritious meals that help them focus better in class.

Recognizing the importance of information and communication technology (ICT) in the modern world, Salawu’s administration has also rolled out ICT training programs in public schools, providing students with access to computer labs and training them in basic digital literacy skills. This initiative aims to prepare Somolu’s youth for the challenges of the 21st century, positioning them to take advantage of opportunities in the digital economy.

Beyond education and youth empowerment, a focus on economic empowerment and poverty alleviation is also on the agenda. Salawu’s administration has focused on economic empowerment and poverty alleviation, ensuring that the local economy grows in a way that benefits all residents. His administration has worked tirelessly to support small and medium-sized enterprises (SMEs) in Somolu, recognizing their vital role in driving local economic growth.

To this end, Salawu’s government has provided microcredit schemes for local traders and artisans, offering them access to low-interest loans and grants. This has enabled many small businesses to expand their operations, create jobs, and improve the economic vitality of the area. Additionally, the local government has organized business development workshops and capacity-building seminars, providing entrepreneurs with the tools and knowledge they need to succeed in today’s competitive market.

Salawu has also placed a strong emphasis on market development. Recognizing the importance of local markets to the economy of Somolu, his administration has worked to modernize several of the key markets in the area. Alade Market, for instance, was revamped with improved facilities, better sanitation, and enhanced security measures, making it a safer and more attractive location for traders and shoppers.

Salawu doesn’t joke with security, ensuring peace, safety and security to drive community development. As a result, his leadership has seen significant improvements in security within  diferrent communities in Somolu Local Government area. Collaborating closely with local law enforcement agencies and community stakeholders, his administration has worked to enhance the security architecture of the local government area. Streetlights, security patrols, and community policing initiatives have helped reduce the incidence of crime, making Somolu a safer place to live and work.

Furthermore, Salawu’s administration has promoted peacebuilding initiatives that foster harmony among different communities in Somolu. His government regularly engages with traditional rulers, religious leaders, and other community stakeholders to address issues of conflict and ensure that Somolu remains a peaceful and united community.

As Executive Chairman of Somolu Local Government, Abdulhamid Salawu’s achievements speak for themselves. His leadership has transformed Somolu into a beacon of progress in Lagos State, showing what can be achieved through visionary governance, dedication, and a genuine commitment to serving the people. Under his watch, Somolu is moving to new heights, and his legacy of service delivery and development will continue to inspire future generations.

Abdulhamid Salawu has proven that true leadership is not about personal gain or political ambition—it is about making a difference in the lives of the people you serve. In Somolu, his name will

editor1

TINUBU’S 30-DAY YOUTH CONFERENCE AS A CATALYST FOR CHANGE

by with No Comment by The Telescope Magazine

In his Independence Day broadcast on October 1, 2024, President Bola Ahmed Tinubu announced a transformative 30-day youth conference, signaling a renewed focus on empowering Nigeria’s youth as an engine of national progress. This presidential initiative could be a potential game-changer at a time when Nigeria’s young population needs to be made ready to take center stage in reshaping the country’s future

The upcoming 30-day conference represents not only a policy gesture but also a clarion call to harness the energy, creativity, and resilience of Nigerian youth in nation-building. For this conference to truly make an impact, however, it must move beyond mere talk and toward sustainable, actionable outcomes that directly address the most pressing concerns facing Nigerian youth.

The 30-day duration of the conference is particularly admirable, but it should be participatory. Equally, it should be totally devoid of politics. The time duration will allow for time to go beyond superficial discussions, enabling deep dives into practical solutions. We propose that the conference be structured around workshops, dialogues with industry leaders, government collaborations, and skill training, this initiative could provide a blueprint for youth development in the coming years. However, the key lies in ensuring that these sessions are participatory and genuinely focused on equipping young Nigerians with actionable skills and opportunities.

Moreover, this format gives young Nigerians the space to interact directly with policymakers, industry experts, and global thought leaders, ensuring that their perspectives are not only heard but valued. Over the years, Nigerian youth have been vocal about systemic issues, from the #EndSARS movement to advocacy for job creation and security. By dedicating a full month to these discussions, we believe the Tinubu administration seeks to honor these voices, creating a roadmap that positions young Nigerians as pivotal partners in governance and societal transformation.

For this conference to be representative, it must include voices from every corner of Nigeria and every socioeconomic background. Young people from rural areas, often sidelined in national dialogues, should have equal access to participate and benefit. This inclusion is particularly vital as the youth population is incredibly diverse, with varying educational backgrounds, skills, and exposure levels. A deliberate effort must be made to ensure that women, differently-abled individuals, and marginalized groups have an equal platform during this 30-day event.

To ensure broad participation, the government could leverage digital platforms and partnerships with youth organizations to facilitate regional and online participation for those unable to attend in person. By incorporating digital channels, the conference could reach a wider audience, extending the benefits to youths in remote areas and providing a virtual space for ongoing engagement after the physical event concludes.

We counsel that the outcome of conference should be harvested to deliver the change that Nigerian youths have been crying out for—the renewed hope promised Nigerians by President Tinubu receive attention: job creation, economic relief, and an accountable government, to mention but a few.

So, sectors like education, healthcare, and infrastructure development—areas that are critical to long-term national growth-should be focused upon. We advise that government also focus on creating a more transparent and participatory political environment. This could involve reforms to the electoral system to make it easier for young people to run for office and participate in decision-making processes. It is disappointing that despite the Not-Too-Young-To-Run Act, exorbitant nomination form fees remain a significant barrier for young Nigerians.

The Presidential 30-day youth conference is a bold and visionary step towards a more inclusive Nigeria. It signals a shift towards recognizing young Nigerians not just as beneficiaries of policies but as active architects of the nation’s future. This conference holds the potential to unlock the creativity, resilience, and leadership embedded in Nigeria’s youth—a resource that, if fully tapped, could transform Nigeria’s socio-economic landscape.

The success of this initiative rests on genuine engagement, actionable outcomes, and sustained commitment from all sectors of society. If Nigeria seizes this opportunity to empower its youth meaningfully, it will be laying the foundation for a brighter, more prosperous future—one where the dreams and aspirations of its young people become the pillars of a stronger nation.

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Abuja Light Rail Project: NDDC Boss Ogbuku Commends Vision Behind It.

by with No Comment By Godwin Ededuan

Managing Director/ Chief Executive Officer, Niger Delta Development Commission, NDDC, Chief Samuel Ogbuku PhD, has commended the vision behind the Abuja Light Rail Project by the Federal Government.

Fielding questions from newsmen on Wednesday at the Abuja Metro Station, immediately after the inauguration of the project by President Bola Ahmed Tinubu, Chief Ogbuku said it was a thing of joy to be a part of the epoch making event.

Chief Ogbuku said the flag-off of commercial operations on the Abuja Light Rail by the President is a testament to his commitment to ensuring that Nigeria remains on the track of steady progress towards economic recovery and prosperity.

He congratulated President Bola Tinubu, the Minister Federal Capital Territory Barr Nyesom Wike and their team for achieving such quality milestone, saying that the commissioning of the Abuja Light Rail System would further enhance socio-economic growth in the metropolitan region.

The NDDC Boss said the H.O.P.E. mantra of President Bola Tinubu is on course and stressed the need for Ministries, Departments and Agencies of government to key into it and help promote the agenda in their various MDAs.

Ogbuku emphasized the commitment of President Bola Tinubu to ensuring good governance in Nigeria and delivering on the dividends of democracy to the people.

He therefore called for the support of every stakeholders in the Nigeria Project.

Chief Ogbuku used the opportunity to again felicitate with Mr President and the Vice President, on their One Year in office anniversary and prayed to God to grant them peace and enablement to progress Nigeria in line with their electioneering promises and vision for the country.

Bola Ahmed Tinubu

Nigeria’s Economic & Political Landscape in 2024

by with No Comment By Tayo Are & Ibrahim Bisiolu

Predicting the future is always tricky, but peering into the political and economic landscape for 2024 reveals a complex picture. Challenges abound within the political economy, especially with regards to tackling problems of insecurity, socio-economic issues, especially cost of living crisis, caused by worrisome inflation that has pushed a lot of people below the poverty line.

The Federal government faces some tough decisions to tackle economic problems and security this year, with the possibility of President Bola Ahmed Tinubu and top echelons of the military, police force and security services going into serious dialogue and engagements with traditional rulers, elders and other stakeholders.

Tinubu needs to act swiftly. The more farmlands are destroyed and farmers killed or abducted, the more poverty worsens. This will negatively affect the nation’s Gross Domestic Product. Therefore, the government is left with no choice but to contain insecurity as terrorist groups like Boko Haram and bandits seem to have sprung up anew.

Governance outlook

The Governors Forum has a lot of job and creative thinking to do this year to enable the gains of the Federal government policies to reach the people. So also will attention of prominent national leaders be needed in the course of the year.  Among these are prominent individuals like former President Olusegun Obasanjo, Chief Ayo Adebanjo, General T.Y. Danjuma, General Abdulsalam Abubakar,  Chief Edwin Clark, the Sultan of Sokoto, the Ooni of Ife, Bishop Matthew Hassan-Kukah, Sheik Muhamad Gumi, Chief Emmanuel Iwuayanwu. Apart from these prominent people, traditional rulers , across the country, opinion leaders and youth leaders will also play some roles.

These leaders and nationalists will feature prominently on national stage this year as Nigeria grapples with numerous challenges within the socio-economic and security arenas. Their support and working with government stands as a way to curb terrorism, kidnapping and sundry crimes in the land. This is for the simple reason that these leaders symbolise unity and peace in the country and are closer to the people.

Sadly, the operations of these terrorist groups have been claiming many lives in recent times. The main motives of these assailants are to destroy property, kidnap loved ones and leave families in unending grief, with many farmers driven out of their farms.

Northern states have exposed to these more than other parts of the country. And this is affecting farming and food production in the region where the bulk of food production take place.

With the ugly scenario, analysts are of the view that the Federal Government will take some proactive measures to tackle this menace. According to them, this will involve giving some engagements with communities and traditional rulers.

This means co-opting traditional fathers, village heads and others with local security experts. The traditional rulers allocate vacant land and forest.  Knowing full well that some of the vacant lands are being used by kidnappers as hideouts, the government will work with the traditional rulers and the emirs, in the case of the North, to track and locate some of these terrorists wreaking havoc in such lands.

“Instead of sacrificing the lives of unrelenting soldiers on a daily basis, President Bola Tinubu should summon a meeting with traditional fathers, especially with the emirs of northern states

From time immemorial, emirs have been the great rulers in their local communities/districts and people accord them greater respect than political office holders.

Economic outlook

Many economists project Nigeria’s economic growth this year 2024 to be modest, likely ranging between 2.5% and 3.5%. While this falls short of the government’s target of 4.6%, it still represents a positive trajectory. The success of government policies, the global economic climate, and unforeseen events will ultimately determine the actual outcome.

Recently, the Nigerian National Bureau of Statistics reported that Nigeria’s real GDP was 2.9 percent year-on-year last year, which was in line with the market consensus and slightly lower than the official target of about 3 percent. The showing is not too bad if compared with the IMF’s forecast of 3 percent growth for the global economy last year. However, the biggest challenge Nigeria faces is not about figures, but the generally low degree of confidence inside and outside the country.

Headwinds:

  • Global Slowdown
  •  Inflation
  • Nigeria’s debt burden: debt-to-GDP ratio
  • Exchange Rate Pressures

The International Monetary Fund (IMF) predicts a global economic slowdown in 2024, impacting growth in emerging markets like Nigeria. Persistent inflation continues to butt at the country. Inflation remains stubbornly high, currently hovering around 28%, eroding purchasing power and dampening consumer confidence. The country is carrying a lot of debt burden  Its debt-to-GDP ratio continues to rise, raising concerns about fiscal sustainability and limiting the government’s ability to invest in critical sectors. Exchange rate pressures are impacting Naira. In recent times, the country has faced depreciation pressures, impacting import costs and adding to inflationary woes.

Nigeria’s economic performance in the past year had been somewhat surprising to the rest of the world. Initially, there was speculation that the country was returning to appreciable growth of  pre-COVID-19 period of early 2020 and that it would quickly lift the nation’s economy. Indeed Nigeria’s economic performance in the first quarter of last year was close to market expectations, with real GDP rising by about 1,2 percent from a year earlier,

However, Nigeria’s momentum slowed in the third quarter, with the removal of fuel subsidy by President Bola Ahmed Tinubu on May 29, 2023.  Since then, news of sluggish consumption, declining exports, a struggling property market , a  rising debt burden, part of which is commercial loans.

Exposure  to commercial foreign loans is heavy. Local debts have continued to rise as well. Data from the Debt Management Office (DMO) further put Nigeria’s public debt at N87.91trillion or US$114.35 in September 2023. Total external debt stood at N31.98trillion  or US$41.6. And domestic debt amounted to N55.93trillion .

All these have continued leading other countries to adopt a conservative attitude toward Nigeria’s economic outlook, with pessimistic predictions becoming mainstream.

Nigeria growth target for this year is similar to last year’s, as policymakers aim to boost investors’ confidence as the target is made with the 2024 budget. However, the biggest problem and a hidden concern for Nigeria’s economy is not about the give or take of one or two percentage points in the GDP growth target, but a question of overall confidence in the country.

Recently , a slew of economic data  accompanying the GDP figures showed a mixed view of the economy and suggested a fragile recovery ahead, as weak domestic consumption, low employment and further weakening of the property market continue to be key risks to country’s economy this year, and a downturn in the manufacturing sector. There is frightening rise in infrastructure deficit, unemployment, grinding poverty, socioeconomic distortions, all crystallising in some disquiet in many parts of the country. Longer-term, Nigeria is confronted with another urgent issue and that is insecurity in the land, evidenced by frequent herders/farmers clashes.

As such, fiscal and monetary policy support remain crucial to Nigeria’s economic woes, but unfortunately the measures Abuja has offered so far have not be able to turn around the country’s economy fast. From agro-business value-chain to manufacturing and to property sector. For example, last year saw land sales being quite low, falling property investment and tepid sales growth. The weak fundamentals are likely to stay unimproved this year. Coupled with the external environment growing increasingly uncertain and the withdrawal of some crucial foreign  manufacturing companies from the country’s economy in 2023. And no appreciable foreign capital came into the country.

Tailwinds:

The global oil prices could benefit Nigeria, if there’s a global price rally above 80 dollar for much parts of the year, boosting government revenue and foreign exchange inflows. Non-oil sector is recording some improvement.  Diversification efforts could  bear fruit, with sectors like agriculture, manufacturing, and services showing promising growth potential. In regards to structural reforms, Nigerian government is implementing various reforms, including trade facilitation and ease of doing business initiatives,that could attract investment and stimulate economic activity. Nigeria has strong population power. It boasts a young and growing population, offering a vast pool of labor and a vibrant consumer market.

Key areas to watch:

  • Inflation control
  • Exchange rate stability
  • Economic Diversification away from oil dependence.
  • Governance and transparency

 

Bringing inflation under control is crucial for stabilizing the economy and boosting consumer confidence. The continuous depreciation of the naira, petrol subsidy removal, and insecurity have contributed to the persistent rise in inflation. Those tasked with the management of the economy appear bereft of ideas on how to tame the surging inflationary pressure.

The excessively high rate has been partly blamed for Nigeria’s deepening poverty. Between January and May 2023, inflation plunged an estimated four million people into poverty, per the World Bank. It stated that the continued spike in inflation would push a further 2.8 million people into poverty by 2023’s end.

The bank said, “Sluggish growth and rising inflation have increased poverty from 40 per cent in 2018 to 46 per cent in 2023, pushing an additional 24 million people below the national poverty line.”

On its part, the IMF said, “Growth in Nigeria is projected to decline from 3.3 per cent in 2022 to 2.9 per cent in 2023 and 3.1 per cent in 2024, with negative effects of high inflation on consumption taking hold.”

In the immediate, the main triggers of the high rate are government’s unification of the naira rates and the removal of subsidy on petrol, which led to an instant increase in fuel and commodity, as well as goods and services’ prices without a corresponding rise in income.

The unification of the different exchange rates has failed to achieve the desired effects of eliminating the need to navigate through various rates and associated complications by allowing the CBN to better manage inflation, interest rates, and money supply, thereby fostering economic stability and predictability.

The naira opened at 464.51 per dollar on May 26, three days before President Bola Tinubu was sworn in. At the parallel market, a dollar sold for N780 on May 28, 2023. On January 23, the official exchange rate of the US dollar to the naira was N900.26 and N1,365 at the parallel market.

The weakening naira and forex fluctuations, as well as insecurity are causing multinationals to divest from the country at a very alarming rate.

So far, most of the knee-jerk interventions it has applied are not working. Olayemi Cardoso, the CBN Governor, said, “Inflationary pressures are expected to decline in 2024 due to the CBN’s inflation-targeting policy, which aims to rein in inflation to 21.4 per cent.” This is overly optimistic.

Analysts say government must re-strategise and implement robust solutions to attain this target, adding that President Tinubu needs to constitute a solid Economic Management Team to rejuvenate the economy by promoting productivity, cutting down on wastage, and catalysing employment through the private sector.

Productivity is severely hampered by the miserable power supply of around 4,500 megawatts, with manufacturers relying heavily on self-generated electricity. The tariff on the little being generated keeps rising.

They point out that inflation rose worldwide after COVID-19, but it is tapering down elsewhere, Nigeria should not be an exception. The government is going to rely heavily on borrowings to fund the promised increment in workers’ salaries, and this can only mean one thing: the road ahead is long, winding, and uncertain.

The Central Bank of Nigeria needs to pay serious attention to its core mandate of maintain stability, in the two spheres of the term-price stability and exchange rate stability. In the first sphere, CBN needs to do serious inflation targeting. The apex bank’s recent interest rate hikes are a step in the right direction, but continued vigilance is needed. It should also pay attention to exchange rate stability. Stabilizing  the Naira is essential for promoting investment and trade. The Central Bank’s interventions and efforts to boost non-oil exports and the SMEs could play a critical role here. Moving away from oil dependence and nurturing other sectors like agriculture and manufacturing is vital for long-term economic resilience. Improving governance and transparency and tackling corruption will boost investor confidence and attract much-needed foreign capital.

Nigeria’s economic future in 2024 hangs in the balance. While challenges persist, growth opportunities also exist. The government’s commitment to sound policies, effective implementation, and fostering a conducive environment for businesses will be crucial in determining whether Nigeria navigates the headwinds and unlocks its full economic potential.

This year faces even more difficulties and risks a downward trend for another year unless Abuja greatly and effectively expands its policy support.

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Inflation and Foreign Exchange Crisis: A Call for Prudent Economic Measures

by with No Comment Editorial

For quite sometimes now, Nigeria, the economic powerhouse of Africa, has been grappling with  some challenges, which include unemployment, low capital, poverty, inflation and insecurity,  in some parts of the country. But, inflation, so far, has been the most formidable of these. Today, it is a challenge that threatens the country’s stability and growth – inflation coupled with a foreign exchange crisis. These twin crises have far-reaching implications for the country’s economy, its citizens, and the broader regional landscape. Addressing these issues demands a multifaceted approach, grounded in sound economic principles and political will by President Bola Ahmed Tinubu and his team. There is need to look the free market principles now if Nigeria must survive inflation woes.

With a gap of over 6percent between core inflation and headline inflation, inflation in Nigeria is no longer creeping. It is walking!  With the removal of fuel subsidy by President Tinubu on May 29, 2023 when he took over power, prices of basic commodities have soared to alarming levels, especially in the last one year, seriously eroding the purchasing power of the citizens and putting pressure on household budgets. Worryingly, it seems the Central Bank of Nigeria (CBN) under Dr Yemi Cardoso is not working hard enough to ensure stability in the economy, on the two legs of the term-price stability and foreign exchange stability.

The root causes of this inflationary surge are multifaceted, though subsidy removal is the major catalyst. Others include supply chain disruptions, fiscal mismanagement, and external shocks such as the Russia-Ukrainian War. The unchecked printing of money by the Federal Government, under former President, Muhammadu Buhari, to finance its expenditure has further exacerbated the situation, fueling inflationary pressures.

The consequences of runaway inflation are dire. It diminishes the value of savings, discourages investment, and undermines consumer confidence. Moreover, it disproportionately affects the most vulnerable segments of society, pushing more people into poverty and exacerbating social inequalities.

While inflation rages on, Nigeria faces a foreign exchange crisis, simultaneously. The transition to floating exchange rate seems to have created more problems than when the country was in fixed exchange rate regime, characterized by a widening depreciation of the Naira. This reflects underlying weaknesses in the country’s external sector, including declining oil revenues, limited export diversification, and persistent capital flight. As a result, businesses struggle to access foreign currency for essential imports, hindering productivity and stalling economic growth.

The scarcity of foreign exchange not only hampers business operations but also undermines investor confidence and deters foreign direct investment. It creates uncertainty in the market, leading to speculative activities and further depreciation of the local currency. To address this crisis, government must pursue policies aimed at bolstering its foreign reserves, promoting export-led growth, and enhancing investor confidence through transparency and stability.

Telescope Magazine believes that resolving Nigeria’s inflation and foreign exchange crises necessitates bold and decisive action on multiple fronts. The government must prioritize fiscal discipline, curtail excessive borrowing from the Central Bank of Nigeria through money printing, and pursue structural reforms to enhance the efficiency of the economy. Additionally, there is a pressing need for greater transparency and accountability in the management of public finances to rebuild trust and confidence among investors and citizens alike.

Furthermore, President Tinubu must pursue a diversified economic strategy that reduces the country’s reliance on oil exports and fosters the development of non-oil sectors such as agriculture, manufacturing, technology and support for activities that can support youth employment. This diversification will not only enhance resilience against external shocks but also bring in more foreign exchange, and create new opportunities for growth and employment.

In conclusion, Nigeria stands at a critical juncture, grappling with the formidable challenges of inflation and a foreign exchange crisis. Addressing these issues requires a concerted effort from policymakers, businesses, and citizens alike. By embracing prudent economic measures, fostering innovation, and promoting inclusive growth, Nigeria can navigate through these turbulent waters and emerge stronger and more resilient in the global arena.

Dumo lulu

The Outstanding Impact of Dumo Lulu-Briggs, the Golden Boy of Leadership and Philanthrophy

by with No Comment By Tayo Are

The tall, handsome and soft-spoken man greets you politely as you are ushered into his palatial office in Portharcourt, Rivers State. With smiles on his face, he listens to what you want to say and then he engages you in honest and frank dialogue on why he needs to do more for his people. He discusses objectively and helps you understand things better as you seek the best paths.

We need leaders that quickly overcome the barrier of misunderstanding to promote dialogue to reach cooperation again and again. Chief (Barr) Dumo Lulu-Briggs is one of these. DLB as he is fondly called is creative and down to earth and street-smart.

Rivers State has always been blessed with great men, and it continues to be so, amid all uncertainties. One of these blessings is Chief (Barr) Dumo Lulu-Briggs, OON, chairman of Platform Petroleum Limited, a reputable indigenous oil exploration and prospecting company. He is also the Chairman and chief executive officer of DLB group, a conglomerate of companies with interest in oil & gas, and marine.

 

He is one of the entrepreneurs who help not only to strengthen Nigeria’s economic power with their endeavors, but also flank the nation’s socio-cultural space and diplomatic thrust and enhance the reservoir of goodwill for the country.

Chief Lulu Briggs hails from an illustrious Portharcourt family. And this probably accounts for his long chain of values. No wonder, Briggs’s uncontested moral leadership in different fields –service, business, community development.

Lulu-Briggs also demonstrates great sartorial elegance, cultured breed and accommodation, humility and humanitarian bend. He is known for his admirable dressing style,  enthralling  presence that endears him to people-old and young alike and  his allure, and more so for his brave, generous, and effective contributions to  the development of  Nigeria through commerce and industry,  peace-building, tolerance  and community development.

Lulu-Briggs is a seasoned legal practitioner of over 35 years experence, an accomplished businessman, technocrat, politician, philanthropist and grassroots mobilizer. Born on June 13, 1964 in the city of Lagos, Nigeria to the family of High Chief O.B, Lulu-Briggs, he hails from Abonnema, a community in Akuku-Toru Local Government area of Rivers State.

Chief  Lulu-Briggs started his education at Port Harcourt Township primary school from 1970 to 1975. Then fro his secondary school education, he moved to Government Comprehensive Secondary School Port Harcourt, between 1975 – 1980. He attended Ahmadu Bello University, Zaria (1985) where he bagged an LLB degree in Law. He also holds a Masters degree (LLM) in Law from the prestigious London School of Economics (University of London); and was called to the Nigerian Bar in October 1986. He did his National Youth Service at the Institute of Legal Administration, Katsina State Polytechnic, Katsina, from 1988 – 1989.

As soon as he finished the National service, he took up appointment in a law firm and began to build his career before moving into business. Thus he has an excellent and distinguished working career in the private and public sectors in Nigeria. He was in Private Legal Practice from 1989 to 1994. He was the legal adviser/company secretary and contributing editor to Associate Media Limited 1990 – 1991, Solicitor and Notional Head of Chambers, Edu & Mohammed (Solicitor) 1991 – 1992, Principal partner in Nwoka & Lulu-Briggs Law office from 1992 – 1998. He also worked as Company secretary/Legal adviser to Moni Pulo Limited (Petroleum Development). He later served as the Managing Director, Pioneer Executive Director and Chief Operating Officer of Moni Pulo Limited; an indigenous, independent oil and gas exploration and production company from 1995 to 2004. He sits atop and/ or chairs several boards of Oil, Gas & Marine companies. He was past Chairman of two Federal Parastatals (Boards) namely, chairman, governing council, Maritime Academy of Nigeria, Oron, and Chairman, Board of Management, Federal Medical Centre, Owerri. He was a Member- Rivers State Economic Advisory Council for four years (2007-2011).

In the quest to build his leadership capacity, Lulu-Briggs attended several executive leadership courses including Southern Methodist University, Dallas, Texas, USA in 1999 to study Senior Executive training on Oil & Gas and JFK School of Government (Harvard University) Boston, Massachusetts on Training in Leadership for the 21st in 2001.

 

Political philosophy

Chief (Barr) Dumo Lulu-Briggs has not given up on his dream of “changing people’s life” as his passion has always been to serve the people where it matters most. And he does not have to be a ‘professional politician’ to do that. In fact, Lulu-Briggs is wary of people making a living from politics. The tag “professional politician” is a toga he argues nobody should be proud to adorn. Successful politicians, he points out, should make their mark in a profession or business of theirs.

As a man that has good intentions for the future of people of Rivers, Lulu-Briggs believes that the basis of politics and governance is to secure the life and well-being of the people as a guarantee for the future of the nation. According to him, “While some politicians think about how to enrich themselves, he thinks of how to secure the future through fostering a healthy nation with equal opportunities for all and not for a few.”

Lulu-Briggs is a very rare Statesman; He has a pet project, Women for Development, an initiative driven by his Dumo Lulu-Briggs (DLB) Support Group, which focuses on women’s health and development. He is also the Grand Patron of one of the most outstanding non-partisan youth organizations in Nigeria: the Dumo Lulu-Briggs Youths Foundation (DYF23), founded and duly registered and preaching peace amongst youths. This is a major tool for youth enlightenment and development. DYF23 since its inception, he has been mentoring youths to be worthy ambassadors in all ramifications, prepared to help build a strong and inclusive Rivers State and ultimately Nigeria and Africa, and preparing our youth for leadership.

Through this youth foundation, DYF23, he is able to reach out to youths in the 23 local government councils in Rivers State, campaigning against anti-socio vices and youth restiveness in the society, He has inspired and empowered countless youths into entrepreneurship, equipping them with the tools they need to succeed in this 21st century. He is ever ready to employ benevolence and selfless service to humanity. Dumo Lulu – Briggs Youths Foundation (DYF23) driving motto is: REPOSITIONING THE YOUTH FOR A BETTER TOMORROW!

He is a well acknowledged Giver and Philanthropist of high repute who does not relent in reaching out regularly to the less privileged in places like The Children Home, Home for the Elderly, and The Home For Street Kids in Port Harcourt. He gives grants regularly to women to start small trades, and pays for vocational training for young men and women to acquire relevant and marketable Skills.

As a result of his numerous contributions to development Chief (Barr) Dumo Lulu-Briggs is honoured with some chieftancy titles. He is a traditional title holder of the Iniikeiroari VI of Kalabari Kingdom and the Paramount Head, Oruwari / Briggs War Canoe House of Abonnema in Rivers State.

Quite religious , he is a church worker, contributing immensely to church activities both physically and financially. Yearly, he awards scholarships to indigent students from Rivers State across the 23 LGAs. He also gives financial assistance to persons with different health challenges including sponsorship of major surgeries locally and abroad. He is very passionate about helping the less-privileged because he believes that ultimately, it is in giving that humanity finds fulfillment. The true worth of a man is in the ways he responds to his environment he often preaches. Most of the beneficiaries of his philanthropy he may never know

One great thing about Chief Lulu-Briggs is religious tolerance. He recited two psalms in the course of responding to questions on religion. He embraces christain hymns passionately. Of course,

No wonder Lulu-Briggs is so tolerant and accommodating. Of course, he attributes this to family upbringing and culture. Listen to his views on religion.

“What is religion? It is just about serving God and you love your neighbor. That’s it.”

The world has already noticed Chief Lulu-Briggs on the entrepreneurial landscape and political scene or more than 20 years now without a blemish on his name or business brand. He is Nigeria’s entrepreneurial mirror. So young people aspiring to leadership should look into this mirror, as the world is about to start noticing your progress too, even though the majority have not made much progress.

This is the world of Chief Dumo Lulu-Briggs, a man on a mission to do more for his people and help move Rivers State to the next level.

custom boss

The Innovative Leadership of Bashir Adewale Adeniyi in the Nigerian Customs Service

by with No Comment By Kunle Olu Ojo

Bashir Adewale Adeniyi, Comptroller General (CG), Nigerian Customs Service (NCS), is a leader-manager who inspires by developing trust, coaching and teaching, and attracting and nurturing talent. With these values, he has been repositioning the NCS by institutionalizing credible leadership and strong managerial acumen to achieve the objective of the federal government.

In a landscape where leadership often falters, CG Adeniyi stands as a beacon of hope, spearheading a transformation within the Nigerian Customs Service (NCS) that resonates with trust, innovation, and meritocracy. Since assuming the role of Comptroller General (CG) on June 19, 2023, Adeniyi has redefined the contours of leadership, reshaping the NCS into a dynamic service for progress.

On 5 February 2024,  CGC Adeniyi, presented the Service’s 2024 budget to the Nigeria Senate Committee on Customs at the National Assembly. The CG, while defending the 2024 budget of 706.43 billion naira, focused attention on consolidating carried-over projects, increasing staff welfare by improving and motivating officers’ performance, and integrating technologies into Customs processes. Regarding Officers’ welfare, CG Adeniyi mentioned that Officers would  be encouraged in various ways to increase efficiency and improve their well-being, adding  that this would be done through awards, promotions, and payment of allowances.

Additionally, the Comptroller General pledges to surpass the revenue target of 5.079 trillion naira in 2024. According to him, the revenue target for 2024 is 27.75 percent higher than the target of 2023. Furthermore, the Comptroller-General outlined strategies to achieve the 2024 target, including implementing the National Single Window championed by the Federal Ministry of Finance. He also harps on strategies to agonize and standardize Customs processes, port decongestion, collaboration with other agencies for efficiency and competitiveness, anti-smuggling operations, integrating ICT into operations, investing in capacity building, and stakeholder engagement, among others.

The CG also emphasized supporting local production and taking food security seriously. He stated, “We intend to grant waivers to vehicle owners to pay duties within a specific time to avoid sanctions and to regularize the importation of vehicles through payment of duties.” He added, “The service plans to recruit 1,600 personnel in 2024. The low figure is due to the small vacancies we have available. These vacancies are primarily for junior staff who will carry out Customs operations and guard duties. In subsequent years, more recruitment exercises will be carried out.” CG Bashir, however, noted that the Service had a shortfall by 12.62 percent in its 2023 revenue target, citing concessions in section 99 of the Common External Tariff (CET), import duty exemption certificates, cash crunch, general elections, and other factors affecting revenue generation negatively. He assured of a positive outcome in 2024.

Senator Isa Jibrin, Chairman of the Senate Committee on Customs, applauded the CG for the progress and success achieved in his brief tenure in Office, beckoning him to perform better as the house will support him in terms of remuneration and infrastructure to meet up with the 2024 target. The senator is right, indeed, for then CGC has made some achievements since coming into office.

Adeniyi’s ascent to the pinnacle of the NCS was not a result of political patronage or ethnic affiliations but a testament to his unparalleled expertise and commitment. Few can match his dexterity in navigating the Nigeria Customs’s matrix or relationship rapport with its partners and global players. Appointing such a distinguished talent to the CGC level also signalled meritocracy in play. Against this backdrop, the waves of praises witnessed when he was appointed stand astonishingly to the type of person he is.

Thus he is no outsider parachuted into leadership level overnight by political patronage or ethnic connections.  His leadership ethos revolves around the principles of trust-building, coaching, talent nurturing, and institutionalizing credible leadership. Under his stewardship, the NCS has undergone a profound metamorphosis, driven by a relentless pursuit of excellence and a vision for a modernized customs service.

At the heart of Adeniyi’s strategy lies a digital creative drive aimed at enhancing customs’ efficiency. Leveraging cutting-edge technologies such as robotics and Artificial Intelligence (AI), Adeniyi has orchestrated a wave of innovation within the NCS, yielding tangible and verifiable results. Collaborations both locally and internationally have paved the way for transformative projects that not only empower customs personnel but also bolster the nation’s economy.

Through this, he has helped in creating innovative projects that are repositioning the fortunes of Customs personnel, officers and the overall economy at large. He has shown leadership and value creation in different fronts.

Adeniyi’s leadership acumen has earned accolades on multiple fronts. His adept navigation of the complexities within the NCS and his strategic rapport with global stakeholders underscore his unrivaled dexterity. By championing meritocracy and value creation, Adeniyi has set a new standard for leadership excellence, inspiring a wave of praise and admiration. In the area of human resource development, he is doing wonders. Here CG Adeniyi on this.

“In order to achieve our objectives, it is imperative that we bridge the current human resource gap within our ranks. We recognize the importance of capacity building and career advancement for our officers. The administration will work diligently to implement career advancement opportunities approved by the board, ensuring that competence remains.”

According to him, the sole criterion for assigning responsibilities and measuring effectiveness is by merit. Said he: “Our focus is on cultivating a highly skilled workforce that is equipped to face the challenges of a rapidly changing world.”

This, he has accomplished, in part, through training and graduation of over 50 customs officers. The Ag. CG also inspected the proposed 100 hectares of land for the Federal Operations Unit A, Government Warehouse and Customs Training School, close to the Ogun Agro International Airport Project Site, on Monday, 7th August, 2023.

In asserting the relevance and authority of the Zonal Headquarter, Adewale Adeniyi said the office will be relocated and given a facelift – this is coming after 48 years.

In the area of NCS staff welfare, the CG is also doing much. He acknowledge the harsh and hostile environment in which his officers and men are compelled to function. As a result, he prioritize the welfare and well-being of customs personnel.

“By providing better remunerations, improved accommodation, life insurance, and quality healthcare, we aim to create an environment that supports and motivates our workforce. We understand that a well-motivated team is instrumental in achieving our aims and objectives.”

While speaking on this development, he also  highlighted the need for collaboration and partnerships. “We value the relationships we have built with our Partner Government Agencies and the private sector. These collaborations have been vital to our adoption of technology as a tool to enhance revenue generation and streamline processes.”

The partnerships, he said, would be strengthened with more stakeholder engagement, through revitalized platforms.

Equally, last August 2023, under his watch, 50 Officers of Junior (Course 16) graduated from the Nigeria Customs Command and Staff College in Gwagwalada, Abuja. The feat was in the commitment of the staff college’s dogged efforts to refine the work efficiency of the Officers and Men of the Nigeria Customs Service through training and re-training,

He further ensured insurance gaps were bridged and additional accommodation were also provided for officers. Similarly, the Ag. Comptroller-General of Customs Bashir Adewale Adeniyi MFR, following his tour to the Kaduna Area Command, paid a sightseeing visit to Customs Primary School, Barnawa, to assess the condition of the facility with the aim of renovating the school. This aligns with his efforts to promote education through Customs’ Social Program to the society.

Speaking to the School’s Assistant Headmaster, Adeshina Fatai, the CGC vowed to address both the short, medium and long-term needs of the school to create a conducive atmosphere for teaching and learning.
According to him, the Nigeria Customs Service, under his leadership, will view the problem at a superficial level and will do the best to raise the spirit of the school to educate the wards of the residents properly.

In the same August CGC, Adeniyi , extended a hand of fellowship to Dorian Home in Akure, Ondo State, an Orphanage home for Charity and Social Development.

According to him, the service has a responsibility to support and assist communities where they operate and carry out their mandates. Dorian Home has the structure, commitment and passion to drive its objectives.

He said the home has a capacity for almost a thousand kids, as there will be a need to feed, clothe and administer the proper medication to them. He assured of the assistance of the Service to the home.

The Customs CG also pledged his support to establish Customs primary and Secondary Schools Nationwide; he pledged after receiving the COWA delegation led by the National President and Wife of the CGC, Mrs. Kikelomo Adewale Adeniyi.

Most importantly, CG Adeniyi has engaged in strategic discussions with partners such as the WCO, Japan International Cooperation Agency (JICA), and the Japan Customs Administration. The discussions aim to garner support for establishing a customs laboratory, a significant milestone in enhancing customs operations and trade facilitation across Nigeria.

The NCS laboratory will provide comprehensive solutions to address challenges such as counterfeit goods, smuggling, and non-compliant imports, thereby bolstering revenue generation and ensuring the protection of public health and safety.

With its advanced analytical capabilities, the laboratory is expected to deliver precise identification, verification, and classification of goods, enabling efficient enforcement measures and informed decision-making while fostering an environment of trust and credibility within Nigeria’s trade ecosystem, marking a transformative step towards achieving seamless customs operations, trade competitiveness, and national economic growth in line with the vision of the President Tinubu-led Administration.

His engagements extended to fruitful discussions with relevant experts and donors, focusing on crucial areas such as conducting a Time Release Study (TRS), implementing the Authorized Economic Operator (AEO) program, leadership, and management development. These discussions underscore his commitment to comprehensive improvements and his inclination to adopt innovative solutions across various customs domains, ultimately enhancing operations.

In the area of port decongestion, he is at full throttle.
Reinvigorated by the collaboration with the Federal Ministry of Transport to decongest ports, the Permanent Secretary, Ministry of Transportation, Magdalene Ajani, and her team paid a visit to the CGC at Customs Headquarters Abuja on 6 July 2023. At the meeting, CG Adeniyi stressed the need to implement policies that create sufficient space at the ports.

The Permanent Secretary also assured the CGC that the overtime cargo disposal committee is working assiduously to implement policies that will decongest the four major ports in the country. “We are working in different dimensions, but the result will be prodigious, after launching a sensitization exercise to stakeholders and members of the ports community about the process.” She said,

Another of CG Adeniyi’s success strategy is sustaining critical bond with stakeholders.
Being a former PRO of the customs, he has no problems with consensus building. He has started a sustainable stakeholder’s parley, starting with sister security agencies. He has personally been to all the zones across the country leaving behind him, unbreakable bonds sealed with MoUs and partnership agreements.

Such bonds are visible with the Federal Road Safety Corps (FRSC), the Nigerian Drug Law Enforcement Agency (NDLEA), the Nigeria Police Force, as well as leaders of neighboring countries that share land borders with Nigeria, amongst others.

In July, 2023, he paid official visit to Seme border  in Lagos State and Jibia border Katsina State At Seme, Badagry and its environs, he urged local communities to support Law Enforcement Agencies in enhancing border security. His first port of call was the Palace of the Akran of Badagry Kingdom, His Royal Majesty, De Wheno Aholu, Menu-Toyi I.

Shortly after the decision by President Ahmed Tinubu to shut down the Nigerian/Niger borders, the Customs Boss visited the Governor of Katsina State, Dikko Radda, to solicit cooperation of border communities. He emphasized that while implementing the closure of the Jibia border, the Service will also devote energy to sensitize members of the communities on the reason behind the decision.

As a leader, Adeniyi through his accomplishments, is instilling on officers of the NCS and Nigerians, hope for success and a belief in the system. And as a forward-looking leader he is pro-actively empowering the workforce and also inspiring them to effortlessly accomplish their assigned duties.

The CGC is in renewed collaboration with Yobe State to ensure the state continues to benefit from the Service. He has also strengthened Customs community relations in Oyo State. The NCS has further aligned with the Borno State government to re-establish Cross-border Trade in the Northeastern part of Nigeria.

In July 2023, during a courtesy visit to Mr  Babajide Sanwo-Olu, Governor of Lagos state, which controls 70 to 75 percent of NCS’ total revenue collection. There,  CGC Adeniyi said he was  committed to steadily maintain a sound relationship with the state, where the bulk of its revenue comes from. He pledged partnership with the state government.

His words: “I also need to inform you that there’s an approval for a Badagry port. The whole idea is to build strategic infrastructure for our citizens; Lekki is on the eastern part, Badagry is on the western part so that we can decongest Apapa and Tin-can that have stretched their capacity”, he noted.

Critical Posting and strategic appointments forms a plank of his achievements. To boost service delivery, CGC Adeniyi made some strategic appointments and announced significant redeployment within the Customs department. They included the appointments of Comptrollers Florence Nanu Ogar-Modey and Queen Ogbudu as Acting Assistant Comptroller Generals Training and Doctrine Command (TRADOC) and Zonal Coordinator Zone B, respectively.

Also, some of the Comptrollers redeployed to various Customs formations, including Compt. Jaiyeoba Jide from Oyo/Osun Area Command to Apapa Area Command, Compt; Dera Nnadifrom Seme to Tin-Can Island Port; Compt. Timi Bomodi from KLT to Seme; Compt. Ahmed Abe from PCA Zone ‘C’ to Kaduna Area Command; and Compt. Babandede Mohammad from Lilypond Export Command to Lagos Free Trade Zone Command.

In addition to the redeployment, Compt. Dauda Ibrahim Chana from Investigation Headquarters to Kano/Jigawa Area Command, Compt. Martina Tilleygyado from Non-Intrusive Inspection to KLT Area Command, Compt. Oloyode Adekunle from Tin-Can Island Port to Import &/Export Headquarters while Compt. Zanna Chiroma will be leaving Import & Export for PCA Zone ‘C, among many others.

The newly appointed and redeployed officers were charged to double their effort in achieving the service’s core mandates of revenue generation, suppression of smuggling, and trade facilitation.

Under his guidance, the NCS has been achieving significant milestones, marking a paradigm shift in its operational landscape. From streamlining processes to fostering innovation. As the custodian of the NCS, Bashir Adewale Adeniyi epitomizes the transformative power of visionary leadership. Through his unwavering commitment to excellence and innovation, he continues to redefine the narrative of the Nigerian Customs Service, ushering in an era of prosperity and progress. In him, Nigeria finds not just a leader, but a catalyst for change, whose legacy will endure for generations to come.

Takang

Armstrong Takang: Shaping Economic Renaissance & Safeguarding the Commonwealth of Nigeria at the Ministry of Finance Incorporated

by with No Comment By Benard Ekwegbara

Dr Armstrong Ume Takang, the Managing Director/CEO of Ministry of Finance Incorporated (MOFI), is a forward-thinking leader with ability to cultivate high-performing teams, fostering a culture of continuous learning and collaboration. He is one of the brightest resources in the landscape of finance and governance in Nigeria. And he is more than capable to meet the present challenges and proactively shape the future of financial governance in Nigeria through MOFI.

Happily, his being in office as the CEO of MOFI is a strategic move toward ushering in a new era of financial leadership, inclusivity, and discipline in managing public investments. Under his watch, MOFI has been strongly supporting the Federal Government’s efforts towards addressing economic challenges, while spurring the renewal of the economy.

This year brings a landmark action at MOFI, so dedicated to financial governance and performance from government assets, all of which are being revived for strong performance so they continue to earn revenue for government. Much of this work is inspired by the commitment of Dr Takang, as someone who feels deeply connected to a commitment to transparency, innovative thinking, and talent development.

Takang is fascinated by practices, such as,transparency that fosters trust and high standards of fiscal responsibility. But he has progressive mindset for success in the face of evolving economic landscapes. He also places a premium on talent development and team collaboration to drive sustainable growth.

He could, of course, just be a big metaphor for something great and encouraging in Nigeria and in the human psyche. He perhaps represents order at a time of chaos. Perhaps, most of all, he represents something within us, that part of ourselves which strives to achieve the best for one’s country.

His blend of academic excellence, extensive experience, commitment to transparency, innovative thinking, and emphasis on talent development makes him the perfect fit for steering MOFI towards greater heights at this time when government’s revenue earnings need to be improved.

Amazingly, not many are aware that Dr Armstrong was pivotal in designing and implementing several national initiatives like the Integrated Payroll and Personnel Information System (IPPIS), the Office for Nigerian Content Development in ICT under NITDA, the ICT component of the Economic and Financial Crimes Commission (EFCC)/Nigeria Financial Intelligence Unit (NFIU), among others.

And with his experience, track record and what he represents, Takang is  a most ideal candidate for the leadership role at the Ministry of Finance Incorporated, bringing with him a wealth of experience, a proven track record, and a vision for transformative change.

This transformation he has started with the power sector now. This January, MOFI took over the Federal government 40 equity holdings in the eleven power Distribution Companies from the Bureau of Public Enterprises (BPE).

The federal government had in 2013 privatised the Power Holding Company of Nigeria.

According to a statement signed by Dr Takang, it followed a directive by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to the Board of Directors of MOFI to terminate the Power of Attorney (POA) granted by MOFI to the Bureau of Public Enterprises (BPE) in 2012.

According to Takang, MOFI is to assume ownership, control and management of all outstanding federal government equity in all existing electricity successor companies. MOFI is a statutory corporation-sole established by the MOFI Act, 1959.

Takang explained that because MOFI could not exercise its powers due to constraints posed by the Act, the power of Attorney had to be given to the BPE to enable it fulfill the legal requirements and complete the various electricity privatisation (share sale) transactions.

“BPE had since then held shares in the Discos on behalf of MOFI. This continued for over 10 years after the sales were completed in 2013, until the recent order by the Minister of Finance, Takang said.

According to  him, “MOFI would restructured and repositioned as an active asset management corporation; develop a strategy for creating a National Assets Register that aggregates and profiles all national assets and investments; develop and implement policies and regulations that ensure the creation and management of assets from debt-related transactions; develop and implement policies and regulations that ensure creation and management of assets from concession-related transactions; and create a robust pipeline of FG-owned and FG-linked investment opportunities.

“It was further determined that in line with global best practice, MOFI would take on an expanded and more active role, not to directly take over and run the corporate entities created around these FG assets but rather to work with its co-promoters and co shareholders to develop and implement corporate policies and practices that ensure that these assets are operated for maximum value.”

Takang further said that the process of reform and restructuring would lead to consolidation and assumption of the ownership rights of MOFI’s shareholdings across various asset classes.

“This strengthens the FG’s shareholder rights and ensures that entities in which MOFI holds equity stakes fulfil their socio-economic responsibilities and generate substantial financial returns for the FGN.

“MOFI’s resumption of its rights of management of the FG’s 40% shareholding in the eleven electricity distribution companies and the various equity stakes in related energy sector companies is an essential element of this consolidation. It will drive operating efficiency, best corporate governance practices and ultimately maximise the value derived from these electricity assets, in line with alignment with the President’s economic growth agenda.

“MOFI extends its gratitude to the BPE for its stewardship of these shares. As a reformed and active entity, MOFI is taking significant steps to ensure that these assets deliver full value to the country.

“We look forward to collaborating with our key stakeholders and, through our concerted efforts, making a tangible impact in contributing to a thriving, resilient and growing Nigeria,” he further said.

Indeed, the appointment of a CEO/Managing Director of MOFI has been a blessing to the country. This plays a pivotal role in shaping the trajectory of landscape of finance and governance in Nigeria. One of Dr. Takang’s standout qualities is his commitment to transparency and accountability.

At a time when financial governance is under intense scrutiny, his track record of implementing robust financial controls and ensuring adherence to international standards is commendable.This commitment to transparency not only fosters trust but also aligns with MOFI’s mission to uphold the highest standards of fiscal responsibility. Furthermore, Dr. Takang’s innovative approach to problem-solving sets him apart as a forward-thinking leader.

All these were what prompted President Bola Tinubu to re-appoint him last year. Last November, President, Bola Ahmed Tinubu appointed a new leadership for the Ministry of Finance Incorporated (MOFI), an asset holding and management company under the Federal Ministry of Finance, with mandate as the sole manager of all federal government investment interests.

According to a statement by Presidential Spokesman, Ajuri Ngelale, former Finance Minister, Dr. Shamsudeen Usman is reappointed as Chairman of a 10-man Board of Directors of MOFI, while Dr. Takang is also reappointed to serve as the Managing Director/CEO of the organisation. According to analysts, there is no gainsaying the fact that the leadership of MOFI, is a perfect combination.

The other appointees include Tajudeen Datti Ahmed, Executive Director, Portfolio Management; Femi Ogunseinde, Executive Director, Investment Management and Mrs. Oluwakemi Owonubi, Executive Director, Risk. The non-executive directors are Mr. Ike Chioke, Ms. Chantelle Abdul, Mr. Alheri Nyako, Mr. Bolaji Rafiu Elelu and Mrs. Fatima Nana Mede.

And this tumultuous time of social and economic headwinds sets the stage for the emergence of best in MOFI. And Takang is a potent symbol for financial governance navigating a predominantly a tough scene to achieve great results, having been saddled with the responsibility of the day-to-day running of the organization.

Dr. Takang’s academic background, marked by advanced degrees in Computer Science, Finance and Business exposure/experience, sets the stage for his understanding of the intricate dynamics within the financial, business and investment sector(s). He is well equipped with strategies for exploring progressive solutions to economic challenges.

Prior to being appointed MOFI’s CEO, Takang was the CEO of Growth Alliance Partners (GAP), a pan-African firm focused on providing post-investment value-add services to Private Equity backed businesses. He helped to turn around several businesses to create shareholder value.

His decades-long career in investment consultancy and public reforms traverses the public and private sectors across Africa, and in the US, where he worked at the New York Office of the KPMG.

He was Team Lead for a Private Banking Group, managed the Integrated Financial and Economic Management Information System (IFEMIS) Project in Nigeria, and led the Voluntary Asset and Income Declaration Scheme (VAIDS).

His tenure as the Chief Executive Officer of a leading multinational corporation showcased his ability to navigate complex landscapes, implement strategic financial planning, and drive sustainable growth.

These experiences uniquely position him to bring a fresh perspective to the Ministry of Finance Incorporated.

His past initiatives, such as spearheading digital transformation in financial processes and advocating for sustainable financial practices, underscore his ability to embrace change and leverage technology to deliver result.  And at a time when agility and adaptability are crucial, Takang’s progressive mindset positions MOFI for success in the face of evolving economic landscapes.

As a leader, Dr. Takang places a premium on talent development and team collaboration. His previous roles have seen him cultivate high-performing teams by fostering a culture of continuous learning and collaboration.

This emphasis on human capital is pivotal for the MOFI, ensuring that it can effectively navigate the challenges of an ever-changing global economy. Beyond his professional acumen, Dr. Takang is known for his civic engagement and commitment to corporate social responsibility.

His involvement in community development projects demonstrates a great understanding of the impact businesses can have on society. His previous positions, leadership roles and achievements speak volumes for him.

No wonder analysts hailed President Tinubu’ decision to re-appoint the duo of Shamsudeen Usman and Armstrong Takong is an act of patriotism. They also praised him for the appointment of  Mr. Ike Chioke, the Group Managing Director at Afrinvest West Africa Limited, as a non-executive director. These analysts are of the view that with the calibre of persons on the present MOFI leadership team, failure is not an option.

MOFI is shaking the finance governance landscape positively to support the Federal Government’s efforts towards addressing economic challenges, while spurring the renewal of the economy. And these are already happening under the watch of Dr Takang., shaping Economic Renaissance & Safeguarding the Commonwealth of Nigeria.