News

OPINION: Tinubu, Atiku And The Lion’s Share [Monday Lines 2]

Published

10 months ago

December 16, 2024

Editor

By Lasisi Olagunju

Adrian Louis is a witness to what popcorn does in a movie theatre. The American poet’s poems are apparently for Nigeria, a nation in eternal transition: “We gave them corn which, once popped/ into miniature buttered clouds/ gave us the opportunity to watch ourselves: / bloodthirsty, slow-thinking and grunting.”

We need lots of popcorn as we go into the new year. An Atiku Abubakar vs Bola Tinubu spar started last week over where the next president should come from and who the person should be. Tinubu’s man, George Akume, fired the first salvo. He demanded that, “President Tinubu, as a southerner, should be allowed to have a second term, meaning that those eyeing the presidency from the North in 2027 should look beyond that year by waiting till 2031.”

Almost immediately, Tinubu’s ex-friend, ex-(political) bedmate, Atiku Abubakar, came out roaring. He counter-asked that the next president must come from his part of the country, the North, and queried Akume’s sense of justice. “Where, then, does true equity and fairness reside? By the year 2027, the South will have enjoyed 17 years of leadership—eight years under Obasanjo, five years under Jonathan, and four years under Tinubu—while the North will have experienced only 11 years, with Yar’Adua serving three and Buhari eight. This results in a disparity of six years between the North and South, casting a shadow over the balance of power.” That was from Atiku Abubakar.

Tinubu’s man said that Tinubu should be the sole beneficial owner of the future. Atiku spoke about “equity and fairness”. He said “the South will have enjoyed 17 years of leadership…” I read him two, three times and I was tempted to ask him: Did Nigeria start to exist in 1999 when his calculation started? If fairness is the talk, what would have been more equitable than starting our maths from independence, 1960? And, looking forward, why should the future be locked in for just those two lions in our jungle? Why must the future be a continuation of the story of those two who have been major (mis)writers of our democratic story since 1999? Should they forever think all others are stags, food for their lions?

MORE FROM THE AUTHOR: [OPINION]Farotimi: A Trial Of The Supreme Court

People who reason that way obviously think ‘the lion’s share’ should be for the lions. Aesop, storyteller of antiquity, puts what those two think of us in perspective. The story is reproduced here verbatim as told in folklore:

A long time ago, the Lion, the Fox, the Jackal, and the Wolf agreed to go hunting together, sharing with each other whatever they found.

One day the Wolf ran down a deer and immediately called his comrades to divide the spoil.

Without being asked, the Lion placed himself at the head of the feast to do the carving, and, with a great show of fairness, began to count the guests.

“One,” he said, counting on his claws, “that is myself the Lion. Two, that’s the Wolf, three, is the Jackal, and the Fox makes four.”

He then very carefully divided the meat into four equal parts and said: “I take the first portion because of my title since I am addressed as king; the second portion you will assign to me, since I’m your partner; then because I am the strongest, the third will follow me; and an accident will happen to anyone who touches the fourth.” The other animals kept quiet – they dared not talk, and got nothing for their efforts; the king of the jungle took all the benefits. That is the meaning of might; it is always right. It is also the root of ‘the lion’s share’ as an English expression.

MORE FROM THE AUTHOR: OPINION: Mass Murder On River Niger[Monday Lines]

Thomas Grey Wicker was an American political reporter and columnist. He spent a large chunk of his 85 years on earth reporting and writing books. He wrote ‘Facing the Lions’ – a political novel published in 1973. Before then, he wrote ‘The Kingpin’; he wrote ‘The Devil Must’; he wrote ‘The Judgment.’ Then he wrote ‘A Time to Die.’ He wrote many more books, three of them under the pseudonym ‘Paul Connolly.’ But it is to his ‘Facing the Lions’ I turn in discussing Tinubu and Atiku and their ambition to be boss forever. Charmaine Allmon Mosby’s ‘Among the Dog Eaters’, an excellent review of the novel, makes it easy for me to use Wicker here. I encounter in their character Bull Durham Anderson, a political leader who “plays upon the emotions of the masses for power, profit, and place…” and who “does not mind if the ends are contaminated by the means…” Mosby is surprised that the man “frankly admitted misuse of his power, and yet the voters repeatedly returned him to office…” Why? We ask that question here also in Nigeria. The answer may come tomorrow.

This and several other quotes from that novel could well have come from the page of an irreverent Nigerian newspaper columnist: “I’ve known men with good sense otherwise that would swear on the Bible that if (Anderson) stole a dollar he gave ten back in hell to the corporation…” At the man’s death, his son excuses everything he did; he says that his dad was merely “a man like you and me.” Then, he concludes that: “Every vicious thing he did, every law he broke, every man he bought and cheated and ruined, all that power he used for his own ends, the barnyard of corruption he made out of this state – just like it says on there, he was always a man. He did the things men do.”

Why should the next election be about Tinubu and Atiku again? When is rape enough? For daring to ask those questions, I will be asked to shut up and will be reminded that Atiku and Tinubu are doing with our democracy “things men do.” Their men think they are our husbands, and so, whatever they do with us, we are stuck with them just as Wicker’s world is to Durham Anderson. We wait to see. But, perhaps, more immediate is that in the new year, we need lots of popcorn in our theatre. There will be drama – comedy, tragedy, and a combination of both; a salad bowl of claps and raps.

News

JUST IN: PENGASSAN Strike May Trigger Nationwide Blackout, Thermal Plants Shut Down

Published

1 hour ago

September 28, 2025

Editor

Nigerians may face a nationwide blackout from Monday as power generation companies have raised the alarm over an imminent shutdown of thermal plants following directives from the Petroleum and Natural Gas Senior Staff Association of Nigeria.

The Executive Secretary of the Association of Power Generating Companies, Joy Ogaji, raised the alarm over the imminent blackout in a WhatsApp message on Sunday.

She revealed that gas suppliers had issued notices to halt supply to thermal power stations in line with PENGASSAN’s strike resolution.

“Good day, all. Thermal GenCos have received notification from our gas suppliers to shut down our thermal power plants following directives from PENGASSAN. The Nigerian Gas Infrastructure Company has specifically requested GenCos to comply,” Ogaji said in the post.

She warned that the development could plunge the country into darkness, as hydroelectric dams alone cannot sustain the national grid.

“Please all be notified of the imminent darkness, as hydros alone cannot sustain the system,” she added.

The warning comes hours after PENGASSAN announced that it would commence a nationwide strike on Monday to protest the dismissal of over 800 workers at the Dangote Petroleum Refinery.

The oil workers’ union, after an emergency National Executive Council meeting on Saturday, directed its members in all oil and gas installations to down tools until the sackings were reversed.

The action could cripple crude production, fuel supply, gas distribution and now electricity generation, worsening the hardship faced by Nigerians.

With thermal stations accounting for more than 70 per cent of Nigeria’s electricity supply, industry experts say the shutdown will trigger widespread outages, stretch hydro plants beyond capacity and heighten the risk of a nationwide system collapse.

News

Customs Launches One-stop-shop To Cut Cargo Clearance To 48 Hours

Published

2 hours ago

September 28, 2025

Editor

The Nigeria Customs Service (NCS) says it has officially introduced its ‘One-Stop-Shop (OSS)’ initiative aimed at reducing cargo clearance time to 48 hours.

NCS spokesperson, Abdullahi Maiwada, made this known in a statement on Sunday in Abuja.

Maiwada said the initiative was unveiled recently during a meeting between NCS management and Customs Area Controllers, chaired by the Comptroller-General (C-G), Adewale Adeniyi, in Abuja.

He said the meeting deliberated on the service’s modernisation agenda and the role of leadership in driving reforms across commands.

Maiwada quoted the C-G as describing the OSS as a “transformative shift” which aligned with global best practices and the Federal Government’s Ease of Doing Business policy.

Adeniyi said the reform was designed to sanitise operations, reduce duplication of efforts and ensure predictability in customs procedures.

“The OSS initiative will not only shorten clearance time from 21 days to 48 hours, but it will also strengthen trader confidence, restore transparency and make our operations more business-friendly,” Adeniyi said.

The C-G acknowledged the role of technology in customs operations but also emphasised the importance of physical engagement with officers.

“As much as technology has helped us, it has its limits. There are moments when physical presence, coming together under one roof, adds weight and value to our deliberations,” he said.

The NCS boss said the reform would be piloted at Apapa, Tin Can Island and Onne Ports before being rolled out nationwide.

He added that the initiative was constitutionally supported by the NCS Act 2023 and aligned with the World Trade Organisation’s Trade Facilitation Agreement (TFA).

“This is not just a policy. It is a statement of intent that reflects our determination to build a modern, transparent and trader-friendly Customs Service,” he said.

The spokesperson said that under the OSS framework, all customs units would work jointly on flagged declarations, eliminating multiple checks and reducing delays.

According to him, consignments cleared under the OSS will not be subject to re-interception, thereby reducing costs and enhancing trade facilitation.

He said the meeting also provided a platform to review the NCS accountability framework, including a new central dashboard that tracks clearance times, interventions and stakeholder satisfaction.

News

SEC Warns Nigerians Over AI-generated Investment Scams

Published

3 hours ago

September 28, 2025

Editor

The Securities and Exchange Commission (SEC) has warned Nigerians to be cautious of a rising wave of artificial intelligence (AI)-driven scams that are targeting unsuspecting investors with promises of guaranteed profits and fake celebrity endorsements.

The Commission, in a statement, recalled that platforms such as CBEX, Silverkuun, and TOFRO were operating illegally by advertising AI-powered trading systems that promised unrealistic returns.

“These platforms are not registered or regulated by the SEC, yet they continue to mislead the public with false claims of AI-driven investments. They pose serious risks to investors; hence, the Commission issued a series of disclaimers against their activities,” the Commission stated.

The SEC explained that fraudsters are increasingly turning to deepfake videos and AI-generated content to lure victims, noting that manipulated videos featuring politicians, celebrities, and television hosts are being shared through Facebook adverts, Instagram reels, and Telegram groups to give fraudulent platforms an air of credibility.

According to the Commission, “Scammers are exploiting AI to fabricate endorsements and testimonials that appear genuine. This has made traditional fraud detection methods less effective, hence the need for tech-enabled regulation and greater public awareness.”

To counter the growing threat, the SEC explained that it is adopting advanced surveillance systems capable of detecting fraudulent activity in real time, adding that partnerships with the Central Bank of Nigeria (CBN) and the Nigerian Financial Intelligence Unit (NFIU) are being strengthened to enable data sharing and joint enforcement actions.

“We are moving from reactive to predictive oversight. This is essential in combating fraud and systemic risks in our market,” the Commission emphasised.

The regulator said it has also engaged social media companies to clamp down on misleading adverts and cautioned influencers against promoting unlicensed investment schemes.

“Any influencer or blogger found to be complicit in promoting illegal platforms will face regulatory sanctions or even prosecution,” the SEC warned.

The Commission urged Nigerians to take extra precautions before investing, stressing that any scheme promising daily profits, zero risk, or celebrity-backed endorsements should be treated with suspicion.

It stated: “Any investment that guarantees unrealistic returns or uses manipulated videos of public figures should immediately raise a red flag.”

The Commission further encouraged Nigerians to verify the registration status of any investment platform on its website, where a list of licensed Capital Market Operators is available.

It added that investors should confirm that registration numbers displayed on company websites match the details on the SEC portal and avoid platforms that only operate through Telegram or WhatsApp without a verifiable office address.