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OPINION: APC And Lesson From Last Child Of Tortoise

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By Suyi Ayodele

If I were President Bola Ahmed Tinubu, I would choose to answer the name of the sixth child of the Tortoise. According to the folklore, after the first five children had been dismissed as failures for the names they adopted, the sixth cradle, when asked which name, he would answer, says: “E maa pe mi ni Afi-oro-oloro-se-arikogbon – call me He-who-learns-from-another-person’s-experience. While he may not have forgotten anything Buhari did or did not do, it is also clear that Tinubu has not learnt anything from what Buhari did or did not do. Are we really sure that he is also not printing money like his soulmate, Buhari? Indeed, a Development Economist/Investment Banker, Nnaemeka Obiareri, was on Channels TV a few days ago alleging that in seven months, Tinubu printed N7.8 trillion and is still borrowing. Here is what he said: “Buhari came, under eight years he printed N23 trillion and wasted it. Under president Tinubu in seven months, we printed N7.8 trillion and we are not talking about that. What did they do with the naira and we keep borrowing and Nigeria keeps worsening?” We have not read or heard the government denying that claim. It should.

The thumb is called atampako in my roots where a premium is placed on family ties. They warn that no matter how one struggles to cut the thumb into two, it is perpetually difficult to say that the head has no relationship with the neck (Bo ti wu ki a la atampako si meji to, a o le so pe ori o ba orun tan). The neck is the pillar which supports the head. Any attempt to separate the two spells doom. That is exactly what the Minister for Finance and Coordinating Minister of the Economy, Mr. Wale Edun attempted to do last week. Edun was before the Senate Committee on Finance to answer questions on why the nation’s economy has collapsed, irredeemably, under the government he serves. The senators, one is tempted to believe, were worried, like the poor masses, about the economic calamities that have been the portion of the masses in the last nine months’ administration of President Tinubu. Like someone under a spell, the Coordinating Minister of the Economy told his audience that the present administration should not be blamed. Rather than ask the ‘strategist’, Tinubu, why he has not been able to fix a single aspect of our ailing economy, Edun said that the inquisitive senators, and other Nigerians, should go back to the lethargic General Muhammadu Buhari’s era which brought Nigeria’s economy to its knees. Edun told his audience that for good eight years, the Buhari administration was just printing money! He added that most unfortunately, the money printed was not matched by any productivity. Then he submitted thus: “For eight years, the weak were left to their own devices. It is the privileged few that took everything.”

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In essence, what the man appointed to midwife our economy said at the senate session is that Buhari and his gang merely printed money for eight years and nothing was put in place to put the money so printed into any productive venture. As I read over the submission of the minister, again, my mind went back to my secondary school days. I pictured Messrs Alebiosu and Fabamise as they taught us elementary Economics, especially the causes of inflation. Again, I remember that Governor Godwin Obaseki of Edo State, about two years ago, said that the government of General Buhari was printing money to be shared as allocations to the remaining two tiers of government. I wish I were a Cardinal in the Catholic Church. I would have just canonised Obaseki and my good secondary school teachers! Nigerians are in for the biggest economic mess. The ones we have asked to manage our affairs have no idea of what the problems are. This administration, like the immediate one it took over from, has nothing to offer than blame game. We have entered a typical one chance! The Babalawo we ask to consult the oracle for us cannot read a simple divination corpus. Where do we go from here?

Back to our atampako allegory. I find Mr. Edun’s appearance before the Senate Committee on Finance as most unfortunate. It is not just unfortunate, but equally very insulting on our collective sensibility. By all standards, Edun is the most senior member of Tinubu’s cabinet. As the Coordinating Minister of the Economy, Edun is expected to be the brain box of the administration; the very go-to-man, whose fountain of wisdom all other cabinet members are expected to tap from. But look at what the man dished out before the committee! For eight years, the Buhari administration blamed its predecessor, President Goodluck Ebele Jonathan, and the 16 years of the Peoples Democratic Party (PDP) governments for our economic woes. The likes of Edun and his principal, President Tinubu, queued behind Buhari in the blame game. Because Nigerians were greatly dissatisfied with the performance of the PDP-led administration, they elected to follow the Mai Gaskiya to the battlefield. In that war of political, security and economic attrition against the Jonathan administration, Tinubu was the Aare Ona Kakanfo, with the likes of Edun and other Tinubu’s boys acting as General Officers Commanding. For those eight ruinous years of the locusts that the Buhari administration was, not a whimper of condemnation was heard from the Tinubu camp. Rather, while seeking for votes, Tinubu promised to continue from where Buhari stopped. Pray, if Buhari’s achievements were not fanciful, why would anyone use them as the parameters to be considered to be elected? So, is it the same Buhari that Edun is asking us to carry canes and whips and flog for ruining our economy? What does Edun think Nigerian people are? Fools?

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What happened in the eight years of Buhari that is not happening now? Was it not under General Buhari that Nigerians first heard of “budget padding”? Has that changed? Why are the northern senators (those ones again?) complaining that the 2024 budget was increased by N3.7 trillion ? What about insecurity, abduction, bloodletting, killings and other vices that were the hallmarks of the Buhari regime? Have they stopped? Should we also blame Buhari for the recent abductions in Kaduna and Sokoto States? Is it not the same All Progressives Congress (APC) that ruined our economy and printed money for eight years that is also in power today? How does Edun intend to cut the atampako into two and declare that the head is not a sibling of the neck? Where was Edun when Tinubu asked for the cows when Pa Reuben Fashoranti’s daughter, Mrs. Olakunri, was murdered by killer-herdsmen in 2019? Which party rode to power using the propaganda of students’ abduction in Chibok, Borno State in 2014? How many students were kidnapped under the Jonathan administration? How many have been abducted in the APC-led administrations between 2015 and today?

What lesson has the Tinubu administration learnt from the failings of his immediate predecessor? Truth be told. The APC sowed the seed of students’ abduction, when, instead of joining forces with the ‘clueless’ administration of Jonathan to find a lasting solution to the Chibok abduction of the 276 school girls in their dormitories, it chose to use the unfortunate incident as a weapon to get rid of the administration. By doing so, the APC, as an opposition party then, planted the evil seed. That which was planted must grow and bear fruits. We are in the harvest season; our baskets are filled to their brim. Check it out. Between 2012 and today, 1, 630 students have been either abducted or killed. Of the figure, the PDP government accounted for 375. The remaining 1,255 students were abducted under the APC administration. And, we are still counting. Last week, over 300 Internally Displaced Persons (IDPs), were abducted in Borno. The list is endless.

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Within two days last week, over 300 students and teachers were abducted in Kaduna and Sokoto States. That should ring a bell. If we add over 300 IDPs abducted to the figure, we will know that we are in real trouble. Nothing has changed. Maybe Tinubu should also blame Buhari for that! It is rather sad that nobody in this government appears to be bringing past experiences to the table. The Vice President, Dr. Kashim Shettima, was the governor of Borno State when the Chibok abduction happened. What did he learn from that unfortunate incident? How, will an experienced hand like Shettima be in government and thunder would strike us on the same spot not just twice, but, multiple times? Funny, again! How on earth do you transport 287 pupils out of their schools in the name of abduction? How many vehicles were used for the operation? How many hours did it last? The teachers that escaped; what did they do? They just went back home to drink their fura de nunu? How about the villagers; nobody saw anything? No one among the students was stubborn enough to resist being taken away? Or those who came for them gave them our old goody-goody candy to lick? Where on earth are 287 pupils being housed; who is feeding them, and attending to their medical needs? My father advised me that I should never join anyone to plan evil. May the good Lord bless his soul (Amen). Shettima, the other time, lamented that saboteurs were after this government. I shook my head. What do people say about karma being a beast? God have mercy! This administration should thank its stars that it has a docile party, the PDP, as the opposition. We all know what the APC did while in opposition.

Enough of excuses and blame games! President Tinubu and his boys should know that as much as Nigerians regard the PDP government as a failure, life was more abundant under the party. Again, the PDP ruled for 16 years and left power nine years ago. If the current administration wants to continue where Buhari stopped the blame game, let it be known therefore, that Nigerians know how much they bought a bag of rice under the ‘clueless’ administration of Jonathan. They know how much a litre of petrol was then. The masses know that on the roads and highways, they could travel and sleep in the conveying vehicles without any fear of kidnappers or killer-herdsmen as we have today. Equally, Nigerians know the exchange rate under that administration and what is obtainable now. It is totally pea-brained for anyone to think that the present ineptitude could be blamed on the past administration. Tinubu was not elected to tell stories about how Buhari printed money for eight years. His job is to fix the ruined economy left for him by his protegee and friend, like the ‘master strategist’ they told us he is. This is the time for him to tap the brains of the ‘technocrats’ they promised he would assemble. If indeed the Buhari government was so foolish as to print money endlessly, there is a solution to that. Interrogate the man at the helm of affairs then, and get him punished wherever any infraction is established. Tinubu should borrow Professor Tony Afejuku’s appellation: ‘No Paddy for Jungle’, instead of the current futile Aunty Sally exercise. Majority of Nigerians know that Buhari was a monumental disaster in government. We need no further profiling. This excuse is becoming irritatingly dippy! Buhari blamed Jonathan for eight years without a single probe of the man. Tinubu cannot afford to do the same. If Buhari printed money, and we cannot point to a single thing he used the money for, as Edun stated, the man should not be allowed to continue picking his teeth in his Daura farm. Yes, he warned that nobody should call him for questioning while leaving on May 29, 2023. That is an empty threat. Except Tinubu benefited from the rots in the Buhari administration, I don’t see any reason why the ‘Mai Gaskiya’ cannot be made to account for his obvious misdeeds while in government. If Tinubu cannot probe the allegation of money printing, barmy as it is, then the government should keep quiet and get to work. Only an indolent workman blames his equipment!

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Yahaya Bello: Abuja American School Refunds $760,000 To EFCC

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The Economic and Financial Crimes Commission has confirmed the receipt of the refund of $760,000 paid as advanced school fees by a former Kogi State Governor, Yahaya Bello for his children at the American International School, Abuja.

The spokesperson for the EFCC, Dele Oyewale, confirmed the development to our correspondent in Abuja on Friday.

“The school has refunded the entire $ 760, 000 to the EFCC’s recovery account,” he said.

Earlier, the American International School of Abuja had asked the EFCC to provide “authentic banking details” for the refund of fees paid for the children of the former governor.

Bello allegedly paid $720,000 in advance as fees for five of his children from the coffers of the Kogi State Government.

READ ALSO: Currency Manipulation: EFCC Arrests 34 Currency Speculators In Abuja

The children are in Grade Levels 2 to 8 at the school.

On April 17, EFCC operatives laid siege on Bello’s residence in Abuja in an attempt to arrest him over an alleged N80.2 billion fraud.

While the operatives were at the house, Usman Ododo, governor of Kogi, arrived at the property and reportedly whisked Bello away.

In a letter addressed to the Lagos Zonal Commander of the EFCC, the school said the sum of $845,852 has been paid in tuition “since the 7th of September 2021 to date.”

READ ALSO: EFCC Declares Ex-Kogi gov, Yahaya Bello Wanted

AISA said the sum to be refunded is $760,910 because it had deducted educational services already rendered.

“Please forward to us an official written request, with the authentic banking details of the EFCC, for the refund of the above-mentioned funds as previously indicated as part of your investigation into the alleged money laundering activities by the Bello family,” the letter reads.

It added, “Since the 7th September 2021 to date, $845,852.84 in tuition and other fees have been deposited into our bank account.

“We have calculated the net amount to be transferred and refunded to the State, after deducting the educational services rendered as $760,910.84.

“No further additional fees are expected in respect of tuition as the students’ fees have now been settled until they graduate from ASIA.”

READ ALSO: EFCC Withdraws Appeal Against Former Kogi Gov, Bello

The school said it would draw the attention of the anti-graft agency if there were any further deposits by the Bello family.

In a statement signed by Greg Hughes, AISA also said, “Ali Bello contacted the school on Friday 13 August 2021 requesting to pay the family school fees in advance until the students graduate from High School.”

The Chairman of the EFCC, Ola Olukoyede, had earlier revealed that the former governor transferred $720,000 from the government’s coffers to a bureau de change before leaving office to pay in advance for his child’s school fee.
Olukoyede revealed this during an interview with journalists on Tuesday in Abuja.

He said, “A sitting governor, because he knows he is going, moved money directly from government to bureau de change, used it to pay the child’s school fee in advance, $720,000 in advance, in anticipation that he was going to leave the Government House.

“In a poor state like Kogi, and you want me to close my eyes to that under the guise of ‘I’m being used.’ Being used by who at this stage of my life?”

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Currency Manipulation: EFCC Arrests 34 Currency Speculators In Abuja

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Operatives of the Economic and Financial Crimes Commission attached to the Taskforce on Currency mutilation, Dollarization of the Economy and Forex Malpractice, have arrested 34 suspected currency speculators for alleged foreign exchange fraud.

They were arrested on Friday, April 26, 2024 in a sting operation following credible intelligence about illegal sales of dollars at the Wuse Zone 4 area of the Federal Capital Territory Abuja.

A statement by EFCC Spokesman Dele Oyewale gave the names of the suspects as :Usman Mohammed, Abdullahi Nasir, Abubakar Saleh, Mohammed Kabir Ibrahim, Abubakar Ghadafi, Muktar Usman, Umar Abubakar Abba, Yakubu Sani, Aminu Abubakar, Muhammed Suleman Abara, Yusuf Tahir, Usman Lawal, Usman Lawal, Usman Umar and Amina Garba Rola.

READ ALSO: Three Suspected Pipeline Vandals Caught In Edo

The statement listed the other suspects as: Muhammed Aliyu, Murtala Haruna, Sani Mohammed, Umar Farouk, Muhammed Sagiuru, Aminu Salisu, Lawal Bello, Munzali Hashim, Jamilu Suleiman, Mustapha Umar, Mubarak Tanimu, Adamu Garba, Mohammed Usman, Bello Musa, Saleh Mohammed Naseer, Zaharadeen Yau, Musa Umaru Adamu, Usman Machido and Abdulaziz Abubakar Abba.

Oyewale said the Arrests came on the heels of the EFCC’s consistent efforts to sanitise and stabilise the foreign exchange market.

The Spokesman said that the suspects would soon be arraigned in court upon conclusion of investigations

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Pollution: Activists Want N’Delta Environmental Remediation Trust Fund Established

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By Joseph Ebi Kanjo

Environmental activists under the aegis of Coalition for a Clean Niger Delta (CCND), over the weekend called on President Bola Tinubu “to resolve the Ecocide (Environmental Genocide) in the Niger Delta, that increasingly threatens the continued existence of the entire region.”

This is contained in a statement jointly signed by Dr. Nnimmo Bassey, Executive Director, Health of Mother Earth Foundation (HOMEF) and
Otive Igbuzor, Founding Executive Director, African Centre for Leadership, Strategy & Development (Centre LSD), and made available to INFO DAILY.

According to the duo, to address the ‘environmental genocide’ in the region, President Tinubu needs to urgently issue an “Executive Order creating a Niger Delta Environmental Remediation Programme and Trust Fund.”

READ ALSO: Oil Spill: Pay A Visit To Impacted N’Delta Communities, Environmental Activists Urge Tinubu

CCND said the Trust Fund, when established, could either be an independent body or or “domiciled in the extant Hydrocarbon Pollution Remediation Project (HYPREP) currently overseeing the cleanup of Ogoni Land, but with a separate Trust Fund from the Ogoni Trust Fund, an expanded Governing Council and an unimpeachable Management system designed to avoid the contradictions that have historically bedeviled HYPREP and the debatable progress of the Ogoni Cleanup.”

Outlining tasks of the Trust Fund, the environmental activists said “the Programme would include a definitive health audit besides the standard environmental audit of impacted areas.

“Adoption of the National Principles on Divestment and Decommissioning in the Nigerian Oil Industry in line with the one recently compiled by a wide coalition of community, civil society and international organizations, following extensive field missions and engagements in the Niger Delta.”

READ ALSO: Three Suspected Pipeline Vandals Caught In Edo

The duo, while stating that the Trust Fund would serve as a panacea for Oil theft and asset vandalisation, added that it would “minimize re-pollution, optimize production and abate associated insecurity, enact a carefully articulated approach to this economic crime (based on broad and in-depth stakeholder consultations, which we are prepared to be part of if required).”

They added: “The new strategy should be preventive, proactive, inclusive, accountable, and look beyond current official reliance on state and non-state military methods that can often be tragically counterproductive, as results have shown intermittently.”

On how to fund the Trust Fund, the environmental activists recommended that “the primary funding should be from the operators and JV partners in oil/petroleum leases, based on credible costings for remediation within their respective acreages and in line with the universal Polluter Pays Principle (PPP).”

They added: “Additional funding sources could include (I) the Environmental Remediation Fund created but yet to be operationalized under the Petroleum Industry Act, (II) gas flare penalties paid by operators, (III) part of the existing Ecological Fund, at least to cover immediate region wide impact and cost assessments, (IV) a portion of the statutory funds of the Niger Delta Development Commission, whose statutory mission expressly includes an ecological/pollution resolution mandate that is largely neglected since its  inception, (V) Decommissioning liabilities and restoring funds in oil mining agreements and (VI) international environmental, climate and impact funds/resources that can be leveraged through appropriate strategies and channels.”

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