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OPINION: A Review Of IBB’s Book Of Billions [Monday Lines]

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By Lasisi Olagunju

In five parts, thirteen chapters, six appendices, including an interview; a prologue and an epilogue, he sought to give a definite definition of himself. But, for me, the deepest insight into the person of General Ibrahim Babangida is not in his expensive book (it fetched him billions; I bought a copy for N40,000). The greatest revelation was at the launch of the book in Abuja. His comrade-in-arms and childhood friend, General Abdulsalami Abubakar, revealed that a cleric told them about 80 years ago that Babangida would one day be president of his country.

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Now, when you, a seer, tell a child that he would be king one day, the palace cannot be safe until the child becomes man and he becomes king – or he dies. We read exactly that in Shakespeare’s story of the Scottish General, Macbeth. Three witches tell Macbeth that he will be King of Scotland. Macbeth becomes impatient; he kills the reigning king and takes the throne. Because of the security of his throne, paranoia pushes King Macbeth to take other desperate measures. People die; civil war erupts, more people die. Darkness falls. Please, go back and read again your Macbeth.

My people have several proverbs and sayings on royalty and fate. They say one’s destiny makes one a king but one’s character dethrones one (Orí ẹni ni í fini j’ọba, ìwà èyàn ni í yọ èyàn l’óyè). Like Macbeth, IBB joined the army and rose to become a General. Again, like Macbeth, the Thane of Cawdor prophecy came true for Babangida and he became Chief of Army Staff. Finally, like Macbeth, he became king and pronounced himself president and proceeded to do as Macbeth did until he left almost the Macbeth way. If you had been wondering why the amiable General from Minna chose ‘president’ as his official title, now you know it was in fulfillment of a prophecy.

Babangida once named his heroes: Zulu’s Emperor Chaka and General Hannibal of Carthage. Read again about those Generals, their careers and their exploits, their end. Read page 121 of IBB’s book and decide if you are convinced by his reasons for not answering what all his predecessors answered: Head of State. He says in the book that he chose to be different not because he wanted to copy Turkey’s General Kemal Ataturk or Emperor Chaka the Great. He says he chose to be ‘president’ as a demonstration of his commitment to “our suspended constitution.”

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Babangida’s feet walked corridors of power; he befriended, and ‘charmed’ power even before he installed Buhari as Head of State in December 1983. His feet took him, or he took his feet everywhere his inner head (his Ori Inu) could be found. He was intrepid, smooth and daring. I read Shehu Shagari’s autobiography, ‘Beckoned to Serve’ published in 2001: “In late October or early November 1983, Major General Babangida and Colonel Aliyu Mohammed came to the State House to see me and we had a long discussion. They did pay me such visits usually at night long before I became President.” Shagari had that recorded on page 497 of his own autobiography. You are likely to ask what IBB was looking for in Shagari’s home at night. The way Babangida walked hallways of power was the way persons kept awake by destiny walked, restlessly.

MORE FROM THE AUTHOR: [OPINION] Pa Adebanjo: A Celebration Of Death

In the Foreword to Babangida’s book written by his boss, General Yakubu Gowon, we gain better discernment on the labyrinth called IBB. The older General describes Babangida as “a natural leader but also a devoted follower.” Sun Tzu, in ‘The Art of War’ tells Generals: “Appear weak when you are strong, and strong when you are weak.” Is that why President Babangida is read in the book bossing and, at the same time, bowing to his army chief, General Sani Abacha, in double-quick manner? Many commentators have said that his June 12 account is a mesh of courage and cowardice. ‘Abacha did this, Abacha did that but I regrettably take full responsibility for everything that happened’! Here, before you abuse IBB as a General without biceps, know that he did not walk alone. Apart from Murtala Muhammed who came fast and left fast, every military regime we had had its internal tormentor. For Gowon, it was Murtala Muhammed who was both boy and boss to the boss. All accounts say Gowon ruled under Murtala’s shadows until the kingmaker said enough and took the crown from Gowon alias Jack. Read the Gowon/Murtala story in Theophilus Akindele’s ‘Memoir of Mixed Blessings’ – especially the contract controversies. In his own book, Babangida says Murtala Muhammed, in Gowon’s government, “was quite a handful in matters pertaining to control” (page 85). IBB himself played the Murtala role to Muhammadu Buhari, 1984-85. He made the lanky General from Daura sit on the throne then shoved him off the seat because of his “excesses.” It should, therefore, not shock the reader that Abacha was the captain of the ship who allowed IBB to be there until the groom was ready for the bride. Babangida’s ‘A Journey in Service’ tears the mask.

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Somewhere in that book, like a river nearing its sea, for whatever reasons, IBB reproduced (introduced) a 1995 interview he granted TELL magazine, and it reads like a summary of the entire IBB story. At a point in the interview, TELL magazine editors remind him of how he dealt ruthlessly with them and their magazine, IBB asks “What happened to TELL? TELL? Seriously, what happened?” He is told that over half a million copies of TELL were seized, and some of the editors speaking with him there were arrested. His response: “You see, when I sat up there, I didn’t know most of these things that happened…At times, the information only reached me later.” If what he said here is true, for a man who boasted that he was trained to dominate his environment, the fact that big things happened in his government without his knowledge could only tell how hopelessly imprisoned people of power could be.

Some people’s luck or escape route is in dying young. One loud example is General Murtala Muhammed. Would he be the hero he is if he had ruled for three, four years? Nigeria would definitively have happened to him. Unlike Murtala, some other people are very lucky to live hard and live long. Babangida is one of such. He is 83 years old. Imagine if he had died when his enemy, Muhammadu Buhari, was president. He would not have made the loud statement he made in Abuja last week! Or worse, if he had died during the June 12 crisis. He lived those bloody moments and validated Musician Odolaye Aremu’s theory that “if we don’t die young, enemies of fifteen years will become our friends.” At his book launch last week, his enemies and friends dropped offerings at his altar. NADECO man, Bola Tinubu, described him as “visionary Babangida.” Gowon in the Foreword declares that “in the post-Civil War period, his (IBB’s) tenure in office is easily the most remarkable.” That is an interesting verdict. Almost five of those post-Civil War years belong to Gowon himself. Some people are very good at scoring own goals.

In language and structure, I find this book by IBB to be very solid and uncomplicated. But, certainly, the most contentious of the content of the book is the June 12 story. And, the author’s treatment of the matter is the most extensive – almost 40 pages. Very unlike IBB, he named his friend, Sani Abacha, as the head of the forces that cancelled the election. But the annulment was just a culmination of a long, dark, bad process triggered by IBB himself long before the election was held. He said he was away in Katsina when Abacha and his boys annulled the election. But IBB came back from Katsina; why didn’t he undo what Abacha did? If he did anything at all, it is not in the book. Instead, what we see are hand-wringing cliches on the annulment and its consequences. The Abacha family is angry, furious; Abiola’s people are not impressed; they wondered why he waited for ‘all’ his witnesses to die before coming out. But what he wrote is no news. What is news is that those facts are directly from IBB himself. Snippets of what he said were in the media of that period. And we heard all sorts of weird things in newsrooms, the scrambling for and partitioning of power. For instance, we heard (or read) that Abacha, one heated meeting day, followed General Joshua Dogonyaro to the toilet and told him: “Let IBB go and we remain.” And Dogonyaro’s reply was “Who are the we?” Soldiers are great followers of Sun Tzu: “in the midst of chaos, there is opportunity.”

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MORE FROM THE AUTHOR: OPINION: El-Rufai, Obasa And Other Godfather Stories [Monday Lines]

Professor Omo Omoruyi was one of the key architects of IBB’s transition programme and, perhaps, the closest to IBB in the dark days of the annulment. In 1999, Omoruyi published ‘The Tale of June 12: The Betrayal of the Democratic Rights of Nigerians’. It is his account of the June 12 tragedy. More than twenty five-years after it was published, I have not read anyone that is mentioned in the book coming out to say the professor lied. So, I take Omoruyi’s account of the pre and post-annulment events as reliable. He claims in his book (page 37) that the June 12 election “was aborted by forces external to its design.” He is more direct on page 257: “General Abacha felt humiliated when General Babangida yielded to the US pressure to order on June 11, 1993 that the June 12 election must go on. From that June 11, General Abacha showed no interest in the matter and waited for when it would crash…It was Lt.-General Alani Akinrinade, a former Chief of Defence Staff and an experienced professional officer, who read the situation right in the interview he granted to reporters in October 1993 when he said that ‘Shonekan is a mask…the masquerade itself is the armed forces and Abacha is the personification of that masquerade.’ See TELL, November 1, 1993. p.25.”

Omoruyi accuses IBB of betraying his country and its people with his disruptive handling of the last leg of the transition programme. He says IBB lost control of the military and the government soon after the election held. He said Babangida was in a fix as of 9.30pm on 21 June, 1993 when he met him. His book (page 162 – 164) quotes the General copiously: “I see disaster for myself and my family. Where do I go from here?” Omoruyi quotes IBB as confirming that Abiola won the election but that “they” would kill him if he allowed the results to stay. Omoruyi wrote further that at the end of that outburst, Babangida made a telling remark. He quotes him as saying “I told you that I am a prisoner. What do I do? I think I need a psychiatrist” (page 171). Two days after all these, the annulment announcement was made via an unsigned, undated paper circulated to the media through the Vice President’s office.

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Can we, at this point, ask journalist Nduka Irabor to come out and tell the world who gave him the unsigned annulment statement that he released to the world on 23 June 1993? He can no longer be quiet.

Now, if Abacha emitted such negative vibrations in his government, why did Babangida leave him behind after retiring himself and all service chiefs? IBB offers no cogent reason for this in his ‘A Journey in Service’. Instead, what we read is his admission of “a grave mistake” in retaining Abacha as chairman of the joint Chief of Staff and “as enforcer-in-chief for the new government” of Ernest Shonekan. Omoruyi addresses the same issue better in his own book (page 257): “In response to my question as to who would guard the guards after August 26, 1993, he (Babangida) said he would remove the operational control from him (Abacha) and assign it to Lt.-General Joshua Dogonyaro.” It is interesting that IBB thought that running into Dogonyaro’s fire was a better option to staying in Abacha’s fire. In any case, Abacha sacked Dogonyaro and all other “guards” soon after Babangida stepped aside. The other arms of the IBB boys, he used them to get rid of Shonekan and his Interim National Government (ING). He then cavalierly gave them the tissue-paper treatment – he used, dumped and flushed them down the drain.

We saw a convergence of all the forces in Abuja last week. NADECO and the military factions swam in open adultery. They wined and partied and gave the General of Generals a generous pat on the back. One of my university classmates described the Abuja event as “not funny.” Her post to me dripped with so much pain. She told tales of death and dying and suffering. She gave accounts of personal experiences and sacrifices. She felt betrayed.

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I begged her to let me include her tears here without mentioning her name: “I watched the launch of the book written by IBB and took a cursory look at the parade of eminent personalities in attendance. I listened to the speeches one after the other and saw them laughing. I was stunned that people therein, one after the other, eulogized IBB. I thought for a moment that I was in another planet or that I had mental issues by asking myself if these people were describing the same events that I witnessed as a 26-year old spinster living in Lagos and trying to chart a course for the future. Significantly, I remember how I walked from Aguda in company of a friend to queue up and vote at Adebola Street, off Bode Thomas in Surulere, Lagos and walked back home. I remember sitting at the reception of the school of nursing on Awolowo Road waiting to collect my sister’s transcript when an elderly woman fainted on hearing the news of the annulment. I recall her colleagues trying to revive her and crying at the same time that their hope for a better Nigeria had just been dashed. I remember having woken up early one morning to go to work and arriving in Norman Williams in Ikoyi only to realize that Lagos was on lockdown and going back home became an arduous task. I remember getting a ride through the Third Mainland Bridge to Obanikoro and walking back home in Aguda, dodging bullets and escaping area boys who took advantage of the situation. I survived but some did not. What I saw in that hall last week was a mockery of those who died and of those of us who did not die but are yet to recover from the trauma of that period. It is not funny!”

My friend spoke for millions seething helplessly in the dimly-lit parlours of their lives. But, there must be a closure, and I think that was what that Abuja gathering thought it was doing. For those who are angry and crying betrayal, I give what I gave my friend – a quote: “Whatever happens, stay alive. Don’t die before you’re dead.” Some say the quote is from English writer, Virginia Woolf; some others credit Polish writer and Nobel Laureate, Olga Tokarczuk. Whoever the writer is between those two ladies gave a valuable advice. “Whatever happens, stay alive.”

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Daedalus was a mythical sculptor who lived in Athens. In one desperate moment, the man threw a stone at a bird and killed it; the stone ricocheted and killed a second bird. With the feathers, he and his son created wings with which they escaped from detention in a high tower which they had helped their tormentor to design. That appears to be the objective of General Ibrahim Babangida’s autobiography. To kill many birds with one lone stone. Still all storms; settle all scores; explain all controversies; and they are many: OIC membership, Dele Giwa’s death, Mamman Vatsa’s coup, the C-130 Plane Crash, the Gideon Orkar Coup, June 12; the SAP riots, Gulf Oil Windfall. The author thoroughly explains and analyses these as “challenges of leadership” all across the 420 pages, some from page 203 to 220. But, has he succeeded in getting these cases closed? Dirty water may quench fire but if you want to fight fire, you don’t wear clothes made of dry grass. Has Babangida’s book helped him to calm or further enrage the sea? Well, in Chinua Achebe’s words, it is “morning yet on creation day.”

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FG Predicts Heavy Rainfall, Flood In Seven States

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The Federal Ministry of Environment on Saturday predicted possible flooding in seven states and 25 locations across Nigeria.

The ministry, in its flood alert warned that heavy rainfall expected between August 23 and 24 could lead to flooding in the listed areas.

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The alert was signed by the Director of the Erosion, Flood and Coastal Zone Management Department, Usman Bokani.

He further directed residents of communities along the flood plain from Jebba to Lokoja to evacuate immediately as the River Niger’s water level continues to rise.

READ ALSO:NiMet Predicts 3-day Thunderstorms, Rains

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Due to the rise in the water level of River Niger, communities on the flood plain from Jebba to Lokoja are advised to evacuate,” he said.

The states and communities expected to be affected include Benue State (Abinsi, Agyo, Gbajimba, Gogo, Makurdi, Mbapa, Otobi, Otukpo, Udoma, Ukpiam); Borno State (Briyel, Dikwa, MaiduKamba; Gombe State (Bajoga, Dogon Ruwa, Gombe, Nafada); Kebbi State (Gwandu, Jega, Kamba); Nasarawa State (Agima, Keana, Keffi, Odogbo, Rukubi); Niger State (Lapai); and Yobe State (Gashua, Gasma, Potiskum).

On Friday, the National Emergency Management Agency urged residents in high-risk flood plains to evacuate to safer and higher grounds.

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READ ALSO:Again, NiMet Predicts Three-day Thunderstorms, Rain From Saturday

The states at high risk according to the agency are Kebbi, Niger, Kwara states that share borders with Benin Republic.

This was disclosed in a press statement signed by the agency’s Head of Press Unit, Manzo Ezekiel.

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The Director General of NEMA, Mrs. Zubaida Umar, also directed all NEMA offices covering communities along the River Niger to intensify advocacy and mobilization for flood preparedness following alerts of rising water levels in the upstream of the river in the Republic of Benin.

READ ALSO:NiMet Predicts 3-day Rains, Thunderstorms Across Nigeria From Sunday

In an urgent directive conveyed to the operations offices, Mrs. Zubaida Umar instructed them to sensitize communities to remain vigilant and advise residents in high-risk flood plains to evacuate to safer, higher grounds, especially those in Kebbi, Niger and Kwara states that share borders with Benin Republic.

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“She further urged the State Governments of the identified high-risk areas to support their Emergency Management Agencies (SEMAs) and Local Emergency Management Committees (LEMCs) in activating contingency plans and preparedness measures to mitigate the potential impact of this year’s flooding.

“The Director General reaffirmed NEMA’s commitment to ensuring coordinated actions to safeguard lives and livelihoods along the River Niger,” the statement noted.

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‘Court Of Corruption’ — Obasanjo Knocks INEC Chairman, Judiciary In New Book

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Former President Olusegun Obasanjo has criticised the Nigerian judiciary, saying it has been “deeply compromised” and that corruption among judges has turned courts into “a court of corruption rather than a court of justice.”

In his new book, Nigeria: Past and Future, Obasanjo laments the steady decline of the Nigerian judiciary’s integrity, warning that justice has become commodified in Nigeria.

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“The reputation of the Nigerian judiciary has steadily gone down from the four eras up till today. The rapidity of the precipitous fall, particularly in the Fourth Republic, is lamentable,” Obasanjo wrote.

He expressed concern that the judiciary’s decline poses a significant threat to the nation’s stability.

READ ALSO:EFCC Raids Obasanjo’s Hotel, Arrests Suspected Internet Fraudsters At Pool Party

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Obasanjo recounted an incident where a governor showed him six duplex buildings belonging to a judge who allegedly acquired them from money made as chairman of election tribunals. This anecdote, he said, illustrates the depth of corruption in the judiciary.

The former president also accused Mahmood Yakubu, INEC chairman, of undermining the electoral process since 2015.

“No wonder politicians do not put much confidence in an election which the INEC of Professor Mahmood Yakubu polluted and grossly undermined to make a charade,” he said.

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Obasanjo further alleged that politicians believe the outcome of election disputes depends on the will of tribunal judges, court of appeal judges, and supreme court judges.

READ ALSO:Obasanjo Blames Loss Of Values For Democracy’s Failure In Africa

No matter what the will of the people may be, the Chairman of INEC since after the 2015 election had made his will greater and more important than the will of the people,” he added.

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Moreover, Obasanjo directly accused the late former President Muhammadu Buhari of colluding with the judiciary during his election cases.

Buhari threw caution to the wind, no matter what had transpired between him and the judges who did his bidding. In his election cases, financially, he topped it up with appointments for them no matter their age and their ranks,” Obasanjo alleged.

The former president concluded that the current state of the judiciary and electoral system in Nigeria is alarming, saying, “After a false declaration of results, making losers winners and winners losers, the victim of the cheating is advised to go to court, which is a court of corruption rather than a court of justice.“

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Sanwo-Olu Unveils Leather Hub, Eyes 10,000 Jobs

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Lagos State Governor, Sanwo-Olu, on Saturday inaugurated a state-of-the-art leather processing and manufacturing hub in Mushin, projected to create 10,000 direct jobs and generate over $250 million in annual export turnover when fully operational.

In a press release sent to PUNCH Online, the governor said the facility was formally inaugurated on Saturday by the First Lady, Senator Oluremi Tinubu, during her three-day official visit to Lagos.

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He added that the hub was named in her honour to recognise her grassroots initiatives in social investment and economic empowerment, with 70 per cent of its employment slots reserved for women and youths.

The hub is equipped with modern machinery to support Nano, Micro, Small, and Medium Enterprises (NMSMEs), enabling mass production of shoes, bags, belts, packaging materials, and other leather products.

READ ALSO:I Will Snub Gov Sanwo-Olu Again – Mr Macaroni

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It is designed to ease production bottlenecks, scale operations, and position Lagos as the leather logistics capital of West Africa.

Speaking at the inauguration, Tinubu described the hub as a “trailblazing project” aligned with President Bola Tinubu’s Renewed Hope Agenda to diversify Nigeria’s economy through industrialisation, manufacturing, and innovation.

The Lagos State Leather Hub in Mushin, formally commissioned by the First Lady of Nigeria, Senator Oluremi Tinubu, on Saturday, 23 August 2025.
Leatherwork is a traditional craft that has stood the test of time. This facility will empower artisans, scale up leather goods production, and enable them to compete confidently in both local and international markets,” she said, urging entrepreneurs to dedicate themselves to excellence and continuous learning.

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Sanwo-Olu said the project would provide training and start-up support to over 150,000 artisans, boost the local economy, attract investments, and strengthen trade links with fashion districts, e-commerce platforms, and future rail services.

READ ALSO:Sanwo-Olu Unveils Bus Terminal, Slashes Red Line Fares By 30%

“Hides and skins that once left our shores unprocessed will now be transformed here in Lagos into world-class footwear, garments, and accessories proudly stamped ‘Made in Lagos, Made in Nigeria’,” the governor said.

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He pledged to expand the facility through transparent regulation and continuous infrastructure upgrades, adding: “True dividends of democracy are best felt when they reach the cobbler in Mushin, the tanner in Oko-Oba, and the young fashion designer in Yaba.”

Commissioner for Wealth Creation and Employment, Akinyemi Ajigbotafe, said the hub would lower production costs and raise quality standards, positioning Lagos-made leather products for dominance in both local and export markets.

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