Feature/OPED
2030 Sustainable Agenda, Insecurity and Ochor’s Template
By Jerome-Mario Utomi
Recently, the Special Representative of the Secretary-General and Head of the United Nations Office for West Africa and the Sahel, Mahamat Annadif, said that the spate of insecurity afflicting Nigeria and other West African countries is a spillover of the Libyan crisis.
As a solution, Annadif called for a regional approach to combat the security challenges in the region and pledged that the United Nations will help the Nigerian Army to overcome the insecurity in the country, as well as help profile the suspected terrorism financiers.
Comparatively, while Annadif spoke in Abuja during a visit to the Chief of Army Staff, Lieutenant General Faruk Yahaya alongside the Special Representative and Head of the United Nations Regional Office for Central Africa, Francois Fall, at about the same time, what is seemly qualified as more compatible, efficient/workable, result-oriented and sustainable solution to the nation’s nagging security challenge, was proffered in Asaba, the Delta State capital, by the Deputy Speaker, Delta State House of Assembly, Mr Ochor Christopher Ochor.
He advocated continuous synergy between the governments, people and the various security agencies in the country, in order to check the rising rate of insecurity.
The Deputy Speaker, who was represented by his Press Secretary, Mr Emmanuel Enebeli, made the call in Asaba, on Thursday, October 28, 2021, at an Intelligence Security Summit, hosted by Ben Media House at Grand Hotels, where he was recognised with an Outstanding Personality on Legislative Duties/Impact to Humanity in Delta State, for the year 2021.
“For us to have a secure and peaceful society the various communities in the country should always work with the government and security agencies, there must be that synergy to build confidence amongst the people.
“This is necessary, as the insecurity in the country has become worrisome, and very frightening. But we can help, by working with the security agencies, as security is the business of all citizens,” he said.
Essentially, aside from speaking what has been on the minds of Nigerians, coupled with his demonstration of curiosity about the new information that might produce a deeper understanding of security problems and other challenges that leaders desirous of protecting the life chances of their people must show concern and wrestle with on behalf of the country, there are in fact, reasons why Mr Ochor’s latest call deserves the collective support of Nigerians.
First and very fundamental, though the rights to life of Nigerians at the moment are overtly inscribed in the nation’s 1999 constitution (as amended), the present security temperature in the country orchestrated by President Muhammadu Buhari’s absence of political will to rewrite the narrative as lavishly promised in 2015, has covertly characterized these rights as a circle of chaos or worse still, ‘an equation without meaning’.
In today’s Nigeria, evidence abounds, if only sought for, that insecurity has not only gained ground but assumed an alarming dimension.
Our public media often makes headline news of insecurities to the global community on how Life in Nigeria has not only lost its value but quoting Thomas Hobbs, becomes nasty, brutish and short. The country in the estimation of right-thinking individuals has become a hotbed for all manners of violence.
Secondly, the Nigerian security sector in the past six years has remained in a dire state. Even President Muhammadu Buhari admitted this spiralling fact in June 2020, while addressing the security chiefs at a meeting.
The President, going by media reports, told them that their best efforts at tackling the security challenges were not good enough and that they should up their game! He particularly frowned on the lack of synergy among the security agencies saddled with the responsibility of fighting insurgency and banditry in the country.
Similar to the above fact is that Ochor’s latest call for synergy is in line with the 2030 sustainable agenda, a United Nation initiative and successor programme to the Millennium Development Goals (MDGs)- with a collection of 17 global goals formulated to among other aims promote and carter for people, peace, planet, and poverty which has partnership and collaboration at its centre.
The agenda, among other goals, is aimed at finding an ‘urgent need for creative and innovative thinking by all strata of the society-public and private sector and civil society-to promoting sustained and inclusive economic growth, security, social development and environmental protection’.
Ochor’s intervention also supports security experts belief across the world that to quell the challenge of insecurity is no longer about government holding all of the powerful weapons but a function of collaboration among interventionist groups, in keeping dangerous weapons out of the hands of unstable individuals and using research on issues related to terrorism and extremism for informed policy decision-making/roadmaps.
So, using the above importance as a dashboard to correct our security challenge which is gravitating towards becoming a culture, it will be important for us as a nation to openly admit and adopt both structural and managerial changes.
This to my mind will necessitate our leaders welcoming approaches that impose more leadership discipline than conventional, and creating government institutions that are less extractive but more innovative in operation.
This shift in action is important as we cannot solve our socio-economic challenges with the same thinking we used when we created it.
As an incentive, this needed partnership between the government and private sector in the race for security provision will again call for finding a solution to the societal problems vis-a-vis youth unemployment.
Talking about youth unemployment in Nigeria, a report recently puts it this way: “We are in dire straits because unemployment has diverse implications. Security-wise, the large unemployed youth population is a threat to the security of the few that are employed.
“Any transformation agenda that does not have job creation at the centre of its programme will take us nowhere.”
Youths challenge cuts across, regions, religions, and tribes, and has led to the proliferation of ethnic militia as well as youth restiveness across the country.
To, therefore, catalyse the process of building sustainable security architecture in the country, this, in addition to Ochor’s prescriptions, is a germane fact we must not fail to remember as a nation.
First, the security situation in the country has continued to deteriorate in the areas of poor funding, poor staffing, poor equipment and poor training.
It cuts across all spectra of the security sector and has persisted despite Nigeria’s ratification of several treaties that advocates for the rights to adequate security of life and property and impose an obligation on the federal government to respect, protect and fulfil these responsibilities. Indeed, this needs the support of all Nigerians.
Very crucially, President Buhari, on his part, needs to recognize that globally, “a country’s defence capability has to continually upgrade as new technology, especially information technology, is incorporated into the weapon system.
“This requires a sound economy that can afford to pay for new weaponry and highly educated and trained people who can integrate the various arms into one system and operate them efficiently and effectively”.
Most importantly, even as this piece appreciates Ochor for this timely declaration, this time is, however, auspicious for our government to bring a change in leadership paradigm by switching over to a leadership style that is capable of making successful decisions built on a higher quality of information while dropping the age-long mentality which presents execution as more important than idea incubation.
Jerome-Mario Utomi, Programme Coordinator (Media and Public Policy), Social and Economic Justice Advocacy (SEJA), wrote from Lagos. He could be reached via [email protected] or 08032725374.
Feature/OPED
The Future of Payments: Key Trends to Watch in 2025
By Luke Kyohere
The global payments landscape is undergoing a rapid transformation. New technologies coupled with the rising demand for seamless, secure, and efficient transactions has spurred on an exciting new era of innovation and growth. With 2025 fast approaching, here are important trends that will shape the future of payments:
1. The rise of real-time payments
Until recently, real-time payments have been used in Africa for cross-border mobile money payments, but less so for traditional payments. We are seeing companies like Mastercard investing in this area, as well as central banks in Africa putting focus on this.
2. Cashless payments will increase
In 2025, we will see the continued acceleration of cashless payments across Africa. B2B payments in particular will also increase. Digital payments began between individuals but are now becoming commonplace for larger corporate transactions.
3. Digital currency will hit mainstream
In the cryptocurrency space, we will see an increase in the use of stablecoins like United States Digital Currency (USDC) and Tether (USDT) which are linked to US dollars. These will come to replace traditional cryptocurrencies as their price point is more stable. This year, many countries will begin preparing for Central Bank Digital Currencies (CBDCs), government-backed digital currencies which use blockchain.
The increased uptake of digital currencies reflects the maturity of distributed ledger technology and improved API availability.
4. Increased government oversight
As adoption of digital currencies will increase, governments will also put more focus into monitoring these flows. In particular, this will centre on companies and banks rather than individuals. The goal of this will be to control and occasionally curb runaway foreign exchange (FX) rates.
5. Business leaders buy into AI technology
In 2025, we will see many business leaders buying into AI through respected providers relying on well-researched platforms and huge data sets. Most companies don’t have the budget to invest in their own research and development in AI, so many are now opting to ‘buy’ into the technology rather than ‘build’ it themselves. Moreover, many businesses are concerned about the risks associated with data ownership and accuracy so buying software is another way to avoid this risk.
6. Continued AI Adoption in Payments
In payments, the proliferation of AI will continue to improve user experience and increase security. To detect fraud, AI is used to track patterns and payment flows in real-time. If unusual activity is detected, the technology can be used to flag or even block payments which may be fraudulent.
When it comes to user experience, we will also see AI being used to improve the interface design of payment platforms. The technology will also increasingly be used for translation for international payment platforms.
7. Rise of Super Apps
To get more from their platforms, mobile network operators are building comprehensive service platforms, integrating multiple payment experiences into a single app. This reflects the shift of many users moving from text-based services to mobile apps. Rather than offering a single service, super apps are packing many other services into a single app. For example, apps which may have previously been used primarily for lending, now have options for saving and paying bills.
8. Business strategy shift
Recent major technological changes will force business leaders to focus on much shorter prediction and reaction cycles. Because the rate of change has been unprecedented in the past year, this will force decision-makers to adapt quickly, be decisive and nimble.
As the payments space evolves, businesses, banks, and governments must continually embrace innovation, collaboration, and prioritise customer needs. These efforts build a more inclusive, secure, and efficient payment system that supports local to global economic growth – enabling true financial inclusion across borders.
Luke Kyohere is the Group Chief Product and Innovation Officer at Onafriq
Feature/OPED
Ghana’s Democratic Triumph: A Call to Action for Nigeria’s 2027 Elections
In a heartfelt statement released today, the Conference of Nigeria Political Parties (CNPP) has extended its warmest congratulations to Ghana’s President-Elect, emphasizing the importance of learning from Ghana’s recent electoral success as Nigeria gears up for its 2027 general elections.
In a statement signed by its Deputy National Publicity Secretary, Comrade James Ezema, the CNPP highlighted the need for Nigeria to reclaim its status as a leader in democratic governance in Africa.
“The recent victory of Ghana’s President-Elect is a testament to the maturity and resilience of Ghana’s democracy,” the CNPP stated. “As we celebrate this achievement, we must reflect on the lessons that Nigeria can learn from our West African neighbour.”
The CNPP’s message underscored the significance of free, fair, and credible elections, a standard that Ghana has set and one that Nigeria has previously achieved under former President Goodluck Jonathan in 2015. “It is high time for Nigeria to reclaim its position as a beacon of democracy in Africa,” the CNPP asserted, calling for a renewed commitment to the electoral process.
Central to CNPP’s message is the insistence that “the will of the people must be supreme in Nigeria’s electoral processes.” The umbrella body of all registered political parties and political associations in Nigeria CNPP emphasized the necessity of an electoral system that genuinely reflects the wishes of the Nigerian populace. “We must strive to create an environment where elections are free from manipulation, violence, and intimidation,” the CNPP urged, calling on the Independent National Electoral Commission (INEC) to take decisive action to ensure the integrity of the electoral process.
The CNPP also expressed concern over premature declarations regarding the 2027 elections, stating, “It is disheartening to note that some individuals are already announcing that there is no vacancy in Aso Rock in 2027. This kind of statement not only undermines the democratic principles that our nation holds dear but also distracts from the pressing need for the current administration to earn the trust of the electorate.”
The CNPP viewed the upcoming elections as a pivotal moment for Nigeria. “The 2027 general elections present a unique opportunity for Nigeria to reclaim its position as a leader in democratic governance in Africa,” it remarked. The body called on all stakeholders — including the executive, legislature, judiciary, the Independent National Electoral Commission (INEC), and civil society organisations — to collaborate in ensuring that elections are transparent, credible, and reflective of the will of the Nigerian people.
As the most populous African country prepares for the 2027 elections, the CNPP urged all Nigerians to remain vigilant and committed to democratic principles. “We must work together to ensure that our elections are free from violence, intimidation, and manipulation,” the statement stated, reaffirming the CNPP’s commitment to promoting a peaceful and credible electoral process.
In conclusion, the CNPP congratulated the President-Elect of Ghana and the Ghanaian people on their remarkable achievements.
“We look forward to learning from their experience and working together to strengthen democracy in our region,” the CNPP concluded.
Feature/OPED
The Need to Promote Equality, Equity and Fairness in Nigeria’s Proposed Tax Reforms
By Kenechukwu Aguolu
The proposed tax reform, involving four tax bills introduced by the Federal Government, has received significant criticism. Notably, it was rejected by the Governors’ Forum but was still forwarded to the National Assembly. Unlike the various bold economic decisions made by this government, concessions will likely need to be made on these tax reforms, which involve legislative amendments and therefore cannot be imposed by the executive. This article highlights the purposes of taxation, the qualities of a good tax system, and some of the implications of the proposed tax reforms.
One of the major purposes of taxation is to generate revenue for the government to finance its activities. A good tax system should raise sufficient revenue for the government to fund its operations, and support economic and infrastructural development. For any country to achieve meaningful progress, its tax-to-GDP ratio should be at least 15%. Currently, Nigeria’s tax-to-GDP ratio is less than 11%. The proposed tax reforms aim to increase this ratio to 18% within the next three years.
A good tax system should also promote income redistribution and equality by implementing progressive tax policies. In line with this, the proposed tax reforms favour low-income earners. For example, individuals earning less than one million naira annually are exempted from personal income tax. Additionally, essential goods and services such as food, accommodation, and transportation, which constitute a significant portion of household consumption for low- and middle-income groups, are to be exempted from VAT.
In addition to equality, a good tax system should ensure equity and fairness, a key area of contention surrounding the proposed reforms. If implemented, the amendments to the Value Added Tax could lead to a significant reduction in the federal allocation for some states; impairing their ability to finance government operations and development projects. The VAT amendments should be holistically revisited to promote fairness and national unity.
The establishment of a single agency to collect government taxes, the Nigeria Revenue Service, could reduce loopholes that have previously resulted in revenue losses, provided proper controls are put in place. It is logically easier to monitor revenue collection by one agency than by multiple agencies. However, this is not a magical solution. With automation, revenue collection can be seamless whether it is managed by one agency or several, as long as monitoring and accountability measures are implemented effectively.
The proposed tax reforms by the Federal Government are well-intentioned. However, all concerns raised by Nigerians should be looked into, and concessions should be made where necessary. Policies are more effective when they are adapted to suit the unique characteristics of a nation, rather than adopted wholesale. A good tax system should aim to raise sufficient revenue, ensure equitable income distribution, and promote equality, equity, and fairness.
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