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Nigeria’s Security, Economic Problems Self-Inflicted—General Ayoola

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General Ayoola

By Aduragbemi Omiyale

A retired Major-General in the Nigerian Army, Mr Henry Ayoola, has said the security and economic problems facing Nigeria are purely self-inflicted, noting that it was time the citizens took action rather than depending on prayers alone.

In his keynote address at the inauguration of the Africa Kingdom Business Forum Institute (AKBF-I), he recommended an “all citizens approach” to end insecurity, urging Nigerians to explore their rights to self-defence.

Mr Ayoola, while in active service, was the Chief of Defence Research and Development of the Nigerian Army and the commander of Special Task Force (STF) Operation Safe Haven in Plateau State.

At the event held in Abuja over the weekend, he said, “Yes, the security challenges! Well, one thing to say upfront is that our problems, not only security, simply put, are self-inflicted.

“We have been living like nobody is really interested in solving the problems because it’s not for lack of what to do. It’s not for lack of what to do, advice, ideas, or strategies, it just appears as this is the Eldorado some people know for Nigeria. This is our golden era, so we should allow it last.

“That’s what I see. I don’t see any palpable attempt to solve a problem. Like I said, one can easily conclude that it is self-inflicted problem.

“Not only because I know the genesis of those problems, having been a player in it myself but I think Nigerians themselves are too timid, too docile that we will just allow anything goes.

“We take everything and anything. At what point are we going to get sufficiently aroused as to rise up and solve our problems ourselves?

“I don’t know. What else do we want? Until half of us are dead or what?

“For me, self-defence, like I said, is a divine right, it’s a universal right – Article 51 of the UN charter talks about the inherent right of the individual and the collective self-defence. So, if somebody is threatening my life, I don’t have to wait until he has killed me before I respond.

“There is pre-emptive defence, which is part of self-defence. So, the ball is in our court really. Even the government is overwhelmed. So, it’s gone beyond them. It should be an all-citizens approach when everybody is ready to put an end to this nonsense we’re going through.”

Another speaker at the programme, Mr Sam Amadi, a former Chairman of the Nigerian Electricity Regulatory Commission (NERC), said the major issue facing the country was the leadership crisis.

The former Head of the Department of International Law and Jurisprudence at the Baze University, Abuja harped on the need to redefine the process through which leaders emerge in the country.

“Leadership presupposes a common vision. That means people have a vision of where they are going; they have a common understanding of the problems of Nigeria.

“Unfortunately, we have never had a common vision and a common understanding of our problem.

“Even before colonialism, our people were disparate people, different people and the colonial authorities put us together and never cared about our well-being. They put us together for their own good.

“When they left, our leaders were trapped into ethnic competition and that also led to why they didn’t build a common consensus.

“Today in America they talk of the American dream because different immigrants came together and had some degree of what America represents for them. That is the first problem of leadership in Nigeria.

“The second is: how do you recruit leaders? How do your leaders come up?

“They don’t need to be first class people but they are leaders, people who have gone through a process. If you look at countries all over the world: China, America, or Britain or any other places in the world, you see that leaders rise through a process that give those leaders some common vision about their country and some have some experience about solving problems.

“In Nigerian democracy today, leadership can emerge from anywhere. A mechanic who is doing his work can this year become Senator because the Governor likes him. So, the tide changes and people just emerge from nowhere. That’s another problem.

“The third issue is a leadership task, what should leaders be doing? So, leaders diagnose the problem, they pay attention.  Why is there unemployment? In paying attention, they find solutions,” he said.

Speaking further, the visiting Professor at the Emerald Energy Institute at the University of Port Harcourt noted that, “The fourth become implementation of that solution. If it’s a leadership that is looking for ethnicism, you won’t implement it well because some of the solutions may require you disrupting some dominance if you take some actions.

“For example, when we were building the power sector, we knew that the best thing was for us to take the power to Niger Delta where we have all the gas. But because we are a country that is consumed by geographical competition, they can’t take it to the South-South.

“We have to take some to the North Central and so on. But those ones don’t have glass again. We have to spend a lot of money to carry the gas to those places.

“That’s a simple story that tells you that there is a dysfunction in leadership because leaders are not solving problems based on the based ways of solving them. They are solving problems in a way that will align with their own strategic ethnic geopolitical needs.

“So, the Nigerian crisis is a crisis of leadership. But we should start first with a vision – what we want to be as a people, understanding our problems – where are we in history? Where are we now? Why are we trapped?

“That is why we talk about restructuring; people don’t want to hear about restructuring. It is not about changing geography or changing who collects what money. It is about changing the underlying factors that are creating the problems we want to deal with.

“So, if you don’t want to solve those underlying structural problems and you keep preaching “we’re going to be a great nation” we have been preaching before you became President, the present President is doing his best preaching. Later, another person will come and start preaching.

“They blame the Nigerian people, the youths are not working hard, the Nigerian people are divided. That’s what they are answering because we don’t have leaders who have knowledge about the problem and the process of solving those problems and have the will to execute.

“Like I said today, you need humility to say that you don’t know and seek for answers to “why is this happening? Why is the economy like this?

“Look at Nigeria, a country that is spending 89% of its revenue serving debts, not paying for them and you keep borrowing. You dedicate 40% of revenue to seek for oil where you know that you may not find oil at a time you know that oil is a wasting asset. The future is to invest in human beings to create wealth.

“So, how can such self-deception lead to leadership growth? How can it lead to country prosperity?

“We’re trapped because we leaders who not even leaders because they neither have the priestly profile of humility and compassion nor the kingly profile of effective execution. They don’t know the problem, they don’t care about the people and they cannot even execute the solutions well.”

However, Mr Amadi expressed optimism that their strategic principles will change the direction of leadership in the country, pointing out that the birth of the institute “is a right intervention and that is what I have been saying that for years.

“They are now going about, bringing people together to show them why things are not working and should them patterns that can work and building in their understanding, knowledge and ethics of leadership.

“So, we’re not talking about governors. We’re are talking about leaders in ministries, parastatals, agencies, the private sector, youth platforms, and so on.

“Leadership is diverse. What they are doing now is the right way; it’s to solve a problem by identifying the problem and providing tailor-made solutions that deal with that problem.

“And that is what this platform is doing and it’s long overdue and the people behind it are people who have built experience over the years trying to solve problems. So, we have hope that it will succeed.”

Other speakers at the occasion like the Continental Chairman Africa Kingdom Business Forum (AKBF), Mr Steve Olumuyina as well as Mr Emeka Nwankpa, agreed that prayers were not enough in dealing with the several challenges of Nigeria.

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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AFC Mobilises $2bn From Global Lenders for African Infrastructure Projects

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African Infrastructure Projects

By Adedapo Adesanya

The Africa Finance Corporation (AFC) has raised $2 billion via a syndicated loan, with considerable participation from Asian and European banks seeking to capitalise on growing demand for infrastructure projects across the continent.

Barclays Bank, Commerzbank, First Abu Dhabi Bank PJSC, and FirstRand Bank led the debt facility. Other participating lenders include Export-Import Bank of India, Bank of Communications, Industrial and Commercial Bank of China, and Industrial Bank of Korea, among others.

Each region accounted for about 35 per cent of the creditors, according to a statement by AFC.

AFC chief executive, Mr Samaila Zubairu, said the money would enable more master planning around infrastructure and industrial planning for economies, regions and economic corridors across the continent.

According to Mr Zubairu, the lender is also in discussions to invest in a proposed oil refinery to be built by billionaire Aliko Dangote in East Africa.

The financer initially sought $1.6 billion via the facility but scaled it up to $2 billion amid strong demand from Asian financial institutions.

“In this round, we saw a lot more of Asian banks. We have banks from China, Hong Kong, and Korea. They are a lot more engaged,” he said.

Mr Zubairu said the loan underscored AFC’s strong track record, pointing to its financing for projects including Nigeria’s 650,000 barrels per day Dangote oil refinery and Africa’s largest copper smelter in the Democratic Republic of Congo.

“There’s a lot more confidence, a lot more partners,” Mr Zubairu said of those participating in the loan. “We are constantly demonstrating that Africa is executing. Africa is building.”

“The capital that we raise goes into African infrastructure build out, African industrialisation build up – essentially creating jobs for Africans,” Mr Zubairu said.

The AFC chief said the lender is also working to reform capital rules and create structures that will allow more African money to stay on the continent and be invested in crucial infrastructure projects.

AFC, founded in 2007, has assets surpassing $19 billion and counts 48 African countries as members.

In January, the infrastructure-focused multilateral lender secured an A rating from S&P. It has an A3 rating from Moody’s, an AAAspc rating from S&P Ratings (China) and an A+ rating from the Japan Credit Rating Agency.

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NERC Orders DisCos to Pay 20% Compensation to Affected Band A Customers

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Prepaid Meters DisCos

By Adedapo Adesanya

The Nigerian Electricity Regulatory Commission (NERC) has ordered electricity distribution companies (DisCos) to pay 20 per cent compensation to eligible Band A customers who were affected by power shortfalls between February and March 2026.

In Directive No. NERC/2026/002, the commission said, generation constraints, which were largely caused by inadequate gas supply and vandalism of gas and transmission infrastructure, prevented DisCos from meeting committed service levels for some Band A feeders.

NERC Mandated that for feeders that supplied less than 18 hours per day, affected Band A feeders will not be downgraded during the covered period, and eligible customers will receive special compensation equal to 20 per cent of approved energy figures for February 2026.

However, for Band A feeders that recorded an average daily supply of between 18 and 20 hours, the existing compensation framework under Addendum No. NERC/2024/003 applies to both Maximum Demand (MD) and Non-Maximum Demand (Non-MD) customers.

MD customers are high-consumption users who typically have their own dedicated transformer and operate with a load of 45 kVA and above; they include large residential estates, banks, hotels, supermarkets, industrial facilities and oil and gas complexes.

Non-MD customers do not have a dedicated transformer and instead share public transformers, and they generally consume less, often below 45–50 kVA.

For Non-MD customers, compensation is set at 20 per cent of the approved February 2026 energy cap applicable to the affected feeder.

For MD customers, compensation is 20 per cent of the average energy billed per MD customer in February 2026.

According to NERC, prepaid customers will receive their compensation as token credits, while postpaid customers will receive bill adjustments.

The commission said that compensation for February must be completed by 31 May 2026, while compensation for March must be completed by 30 June 2026.

The commission prohibited Distribution companies from using compensation credits to offset any existing customer debt, adding that customers must be clearly informed of the value and period of the compensation they receive.

NERC said it will monitor implementation and verify compliance to ensure all eligible customers receive what they are due.

The commission reaffirmed its commitment to protecting electricity consumers while ensuring the stability and sustainability of the electricity market.

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TCN Confirms Destruction of Six Transmission Towers in Nasarawa

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Transmission Towers

By Adedapo Adesanya

The Transmission Company of Nigeria (TCN) has confirmed the destruction of six transmission towers along the Apir–Lafia 330kV line in Nasarawa State, causing significant disruption to electricity supply in parts of the country.

In a statement issued on Wednesday, TCN spokesperson, Mrs Ndidi Mbah, said the incident occurred on May 30 at about 1:15 a.m. during a heavy downpour.

She explained that the transmission line initially tripped, prompting operators to attempt a trial reclosure of Line II at about 2:08 a.m., but the effort failed.

A subsequent inspection of the transmission corridor, however, revealed extensive damage to key components of towers T125 to T130, confirming that the infrastructure had been vandalised.

“The tripping of the lines prompted a physical line trace to determine the fault, which revealed damage to critical components of towers T125 to T130, confirming vandalism on the affected sections of the transmission corridor,” Mbah said.

The incident has forced both Apir–Lafia 330kV Transmission Lines I and II out of service pending the reconstruction of the damaged towers.

TCN said its engineers have been deployed to the site to assess the extent of the damage and determine the materials required to restore normal transmission along the corridor.

As an interim measure, the Lafia 330kV Transmission Station is being supplied through an alternative line to minimise the impact on electricity consumers within the franchise areas of Abuja Electricity Distribution Company (AEDC) and Jos Electricity Distribution Company (JEDC).

The company condemned the persistent vandalism of power infrastructure, warning that such acts undermine investments in the electricity sector and threaten the stability of the national grid.

It also urged residents and host communities to remain vigilant and report suspicious activities around transmission installations to security agencies or the nearest TCN office.

TCN stressed that safeguarding critical national infrastructure requires collective responsibility to ensure a reliable and uninterrupted electricity supply nationwide.

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