By Michael Owhoko, PhD
As Nigerians file out to elect a new president on February 25, it is imperative to remind electorates that a country’s future and destiny are shaped by the choice of personality they elect as president. Entrusting a country’s leadership and resources to someone with impaired vision and dubious national disposition will be a tragedy.
In context, the Nigerian President is one of the most powerful in the world, given the scope of responsibilities and powers as enshrined in the 1999 Constitution. With 68 items on the exclusive list and mere 12 items on the concurrent list of the constitution, the destiny and future of Nigerians are in the hands of one man – the president.
Since man is a product of his thought process, the president’s style of administration will be conditioned by his character. This means that the well-being of citizens, prosperity and wheels of development of Nigeria are contingent upon the demeanour and capacity of the president.
A president with integrity and a clear national vision devoid of materialism and ethnic prejudice can change a country, as we saw in Singapore under Lee Kuan Yew. The choice of Nigerian voters should be premised on this standard. Nigeria cannot afford to entrust its leadership and resources to a colourless personality to determine its destiny.
Nigeria requires a president that is capable of steering the country away from tragedy to optimism. Prosperous nations are not configured from heaven. They are products of the selflessness and commitment of those in leadership. Electing a person without vision, capacity, integrity and empathy as president will amount to sacrificing the collective well-being of the people on the altar of incompetence.
Therefore, as you vote for the president of your choice, let Nigeria’s overall national interest guide your decision. Your personal survival depends on it. Do not allow ethnicity, religion, emotions and primordial sentiments to influence your choice. A wrong choice at this critical period of Nigeria’s democratic journey will mean further erosion of citizens’ dignity, both at home and abroad.
Incompetence, ethnic nationalism, nepotism and greed, as evident in poor management of the economy, insecurity and corruption, are factors that have kept the country prostrate. These elements are responsible for leadership failure, stunted growth, and poverty in the country. It is, therefore, critical to vote for a candidate with the requisite capacity to deliver on the aspirations of Nigerians. Failure to do this will mean no lessons have been learned from the current widespread hardship.
As a voter, ask yourself this honest question. Has your living condition in the last eight years improved or dipped? Without subterfuge, Nigeria has been on a downward swing in all critical facets of socioeconomic space. This is evident in the increasing number of those falling into the poverty bracket, as reflected in the growing penury rate in Nigeria.
The 2022 Multidimensional Poverty Index survey carried out by the National Bureau of Statistics (NBS), together with its partners, captured this vividly.
According to the survey, 63% of persons living within Nigeria (133 million people) are multidimensionally poor, out of which 65% of the poor (86 million people) live in the North, while 35% (nearly 47 million) live in the South.
The poor Nigerians under reference here are not politicians but a majority of the voting public. Unfortunately, the hope that Nigeria will get out of this mess soon was dashed by President Muhammadu Buhari when he asserted that he had done his best for the country, even in the face of a growing debt profile, inflation, unemployment, corruption, insecurity and capital flight. This is the mirror image of the country’s leadership capacity.
When this is juxtaposed with the recent report by the Debt Management Office (DMO) on the nation’s debt, then Nigeria is in big trouble. The DMO stated in December 2022, the country’s public debt had reached N44.6 trillion. When viewed against the backdrop of Nigeria’s revenue-to-debt service ratio, which The Economist Intelligence Unit described as the worst in the world, it means that Nigeria is in crisis. With a high debt-service ratio and dwindling revenue, the provision of infrastructure is relegated, compounding the woes of Nigerians.
Voters should, therefore, not repeat the mistake of the past. Those who voted in previous elections based on ethnic and religious lines had no inkling that their fortunes would plummet. Today, many of those voters have been humbled by the poor performance of the economy as depicted by the misery index, particularly inflation which has eaten deep into their pockets. They have become victims of their own decision.
Obviously, the wrong choice of candidates has been unhelpful to the future of this country. Check your conscience and reflect on the number of Nigerians that have lost their lives in the last eight years, either through insecurity or poor management of the economy or suicide.
Also, think about the number of businesses that have closed shop or the growing band of single parenthood resulting from broken marriages. All these have their roots in the poor handling of the nation’s economy.
As part of the consequence, there has been a mass exodus from Nigeria. Voters must note that to “japa” or flee abroad is no solution. Of all those leaving or escaping from the country to seek greener pastures overseas, only less than five per cent achieve their aspirations. Over 90 per cent of these Nigerians struggle to make ends meet, regretting the decision to relocate.
On one of my trips to London a few years back, I went to Kaycee’s Bar, a popular Nigerian joint in Holloway, where Nigerians hang out and where sometimes, Nigeria’s independence celebrations were held. While there, I met two Nigerians at the underground disco section. They begged for money, saying they were trapped and would like to return to Nigeria. I was touched and parted with a few pounds as support. This is just one of the tales and ugly experiences of Nigerians abroad.
Ironically, while the majority of Nigerians are reeling from the excruciating effect of poverty, the president, governors and other elected officials are swimming in affluence with high-quality life made possible by manipulative access to the public treasury, despite managing the economy aground. Politics in Nigeria is the surest way to break out of poverty.
Voters should know that the president and governors do not spend their salaries while in office. Their bills are borne by the government, including feeding at the government’s expense. Even members of their extended families are relocated to the Villa or government house to enjoy these privileges. This cannot happen in advanced democracies. Yet, in midst of this, the average Nigerian toil day and night to stay afloat.
At the last World Cup in Qatar, the President of Liberia, George Weah, watched his son, Timothy, play for the United States of America. It is most unlikely a Nigerian President will allow his son to play football games for fear of injuries. He would rather make his son a billionaire through the award of indirect contracts or presidential favours.
The underpinning motive of politicians is not to serve but to acquire the power to accumulate wealth. Without empathy, they multiply poverty through fiscal indiscipline and extravagance while fraudulently feeding fat on the nation’s resources. This is why voters must liberate themselves from this hopeless life of poverty and frustration caused by leadership greed and bankruptcy.
With 48 million youths out of a total of 93.5 million eligible voters, coupled with the poor, credible leaders can be elected, but politicians exploit their vulnerability, using ethnicity, religion and handouts as inducements to manipulate them. Voters should be reminded that these office seekers would move on to oil their profligate lifestyles, leaving the electorate to suffer the consequences of their choice.
Nigeria has the resources to pull the country out of poverty, but leaders are indifferent. As long as they can access good healthcare and send their children abroad for quality education, they care less about the masses who are left to contend with low-quality education, poor healthcare system, erratic electricity and bad road network.
If the resources of the country are effectively harnessed and deployed, particularly in a restructured political system which is best suitable for a plural society like Nigeria, the country will quickly recover from current economic woes. But leaders with entrenched interests are opposed to this arrangement, preferring the status quo for selfish reasons.
Voters must therefore rise in unison and vote out ethnic bigots and visionless persons without integrity and capacity as president, failing which, they have no other persons to blame but themselves. February 25, 2023, has provided another opportunity, so be resolute and courageous. Vote conscientiously to reconstruct and reshape Nigeria in order to restore its corroded dignity.
Dr Mike Owhoko is a Lagos-based journalist and author. He can be reached at www.mikeowhoko.com
Registration Requirements For Business Entities In Nigeria
By Benita Ayo
Registering a business venture is oftentimes the best and wisest move an entrepreneur should always take before launching out. The reason for this is not far-fetched.
In most situations, when an entrepreneur fails to register his business prior to its commencement, the desired business name may become subject to disapproval whenever he chooses to register the business at a later date.
This is one reason why it is strongly advised that a business undergoes the necessary registration with the Corporate Affairs Commission (CAC).
Let it be known that it is never enough to simply register a business and retreat. There are still things the law expects a business owner to do after registration of a business with the CAC.
For instance, every business entity, such as (Limited Liability Company (Public or Private), Limited Liability Partnership (LLP), Limited Partnership (LP), Business Name (BN), Incorporated Trustees (IT) etc, are all expected to file the Annual Returns of their businesses on or before the 30th June of each fiscal year. Failure to do this attracts penalties for default.
In extreme circumstances, where a business entity has failed to file its Annual Returns for consecutive years, the entity’s profile with the Corporate Registry will be deemed inactive.
In sum, while most business entities continue to transact their businesses unabated, a check on their profiles at the Corporate Registry will reveal that such businesses are, in truth, inactive.
A company whose Corporate Profile is ‘inactive’ is on the watch list of the CAC for de-listing.
You may contact me via the under-listed channels for further consultations on the following services;
- Business/Company Registrations
- Annual Returns filing
- Re-activation of ‘inactive’ corporate profiles
- Corporate Profile search etc.
Benita Ayo is a Seasoned Corporate Commercial Counsel with over nine years of post-call experience. She has handled myriads of briefs in Corporate/Commercial, Employment Law as well as Property Transactional Practice.
Checkmating The LGBT Incursion In African Politics: The Nigerian Case Study And Consequences
By Kwame lbrahim
The number of Lesbians, gays, bisexuals and transgender (LGBT) persons in Nigeria, though largely undocumented officially, has continued to rise exponentially, especially among teenagers, youths and adults.
According to several projects related to fact-finding research and spontaneous polls conducted in some institutions of higher learning and amongst clusters of young people in social media groups and platforms, this is common everywhere but more pronounced in cities of Lagos, Kano, Port Harcourt, Sokoto, Abuja, Maiduguri, Ibadan, Kaduna and Owerri.
This is even spreading all over the country at a growing rate despite the legal statutes and social responses, which have clearly red-flagged the queer preference and defined homosexuality as illegal in Nigeria and punishable by up to 14 years of prison in the conventional court system.
Nigeria is a largely conservative country, and the very Western proclivity towards openly embracing gay rights and LGBT penchants are deemed not only as anathema but also an unacceptable negation and disrespect for the very foundation on the mores and decency which its cultural, religious, traditional and secular communal existence have been built and have continued to thrive over the years.
As Nigeria evolves into a more post-modern and more globalized society, credible findings have revealed that the fundamental threat that this surge in queer attitude poses for its secularity is disturbingly manifest in the deliberate and determined effort by LGBT advocates to take over the political, legislative process in its 2023 elections.
The basic aim of such financiers is to subsequently secure sufficient representatives in its National Assembly to push for and promulgate the law legalising and legitimizing homosexuality.
In the past, such an attempt was resisted by communities in Kenya through the support of community leaders and its government, but the Nigerian situation seems different because of the present unholy silence that has greeted many aspirants for senatorial and House of Representative positions of some political parties that have well known LGBT sympathizers and practitioners as their candidates.
This is indeed a worrisome phenomenon which, if allowed to become a reality, will not only erode the very fabric of Nigeria’s original existential identity but would dangerously affect the acceptable balance of decency and straight relationship, which have been the hallmarks of a majority of traditional families in Nigeria and Africa.
There is no gainsaying the fact that Nigeria society will be confronted with dire consequences if this queer LGBT advocacy gains traction in its National Assembly, especially when such a law would embolden the gays and lesbians to openly challenge and even violently rubbish any real or perceived rational and normal counter-argument against this quite uncharacteristic behaviour in its society.
Furthermore, there is no doubt whatsoever that a law legitimizing LGBT tendencies would result in uncontrolled homophobia, which will radically disrupt peaceful existence and dislocate many straight people, who will be subjected to unprovoked assaults by those gloating to endorse the new legislation on the streets, schools, bars and restaurants, churches and other places where the need to impose the law would be deemed necessary and patriotic.
This sad intent through politics by introducing and sponsoring LGBT members into the National Legislative System of Africa’s most populous Nation will, of course, come at a great social, existential cost and unleash in its wake major destructive consequences to all African societies, the Nigerian nation and most developing communities of the world.
Against the backdrop of an anticipated backlash of violent and berserk orgies of unprovoked violence by members of the LGBT community, who had hitherto felt constrained, the need to sensitise the general public through the various channels of communication becomes highly recommended and inevitable, especially in recognition of the fact that this behaviour and the attendant defensive fightback, will definitely escalate if such is not checked at this 2023 election period in Nigeria.
All well-meaning Nigerians must act swiftly at this point of the electoral and voting process, where all the gains already achieved from the existing bill prohibiting and stipulating penalties for such queer practices can be reversed if they allow the pro-gay and LGBT sympathizers to dominate the National Assembly with their presence as elected Representatives as they would have a voice on the floors of the two parliaments to destroy its moral standards and religious beliefs.
The accommodation, maturity, peaceful, harmonious coexistence and decency which exist in Nigerian society would all be eroded once the legislation to legalise same-sex and LGBT relationships are achieved. A stitch in time saves nine. This is a time for community, traditional and religious leaders to speak up. This is the time for the electorate to grow in proper awareness of the consequences of making inappropriate choices.
Already, findings from credible investigations conducted to ascertain the next strategic ploy by the Queer community to accomplish the deliberate agenda of forcing legislation that would favour their cause indicate that the LGBT community in Nigeria has set its target at producing twenty House of Representative members from four states, namely: Sokoto, Kano, Rivers and Lagos, during the 2023 election.
In states where party tickets could not be secured in the two major political parties, sympathetic aspirants were sponsored with huge amounts of funding to join fresh parties with the clear intent to attract followers, which is a major catalyst for political mobilisation in a country like Nigeria.
Specifically, Kano, Lagos and Rivers states are said to have recorded huge success for this aspiration. However, the extent to which these plans work out would largely depend on the acceptance or rejection of these aspirants by the level of awareness created for the voting public, especially through their leaders.
Kwame lbrahim, PhD, is from the African Research Institute and Doctoral School of Safety & Security Services, Budapest, Hungary
Buying Naira with Naira, Rantings And Musings
By Prince Charles Dickson PhD
Under pressure we wail under pressure, under pressure black people under pressure, under pressure Nigerians under pressure. No food in we belly, no money in ah we pocket, no bed we lay we head.
The people dem are suffer, in ah ghetto, in ah city, everywhere dah me go oh, me see them, some are cry, some are die, some are weeping! Some are wailing! Everywhere dah oh eh. Under pressure we wail under pressure, under pressure everybody under pressure, Ras Kimono Under Pressure
You see the Nigerian looks upon Nigeria as a theatre and the entire population representing and manifesting the full spectrum of acts and actors. In this revelry, life is the theatre; the nation is the stage upon which we perform. The politicians and a few of us are the actors, very often mediocre. When stars appear, it is more often because a play must have a star rather than because the player is possessed of some dramatic genius. We saw it with Obasanjo, we saw it with Mr Yar’adua, and with the shoeless one, we are seeing it with the soon-to-end Mr Buhari. We falter and we muff our lines; sometimes our performance takes on an aspect of the grotesque-nobody takes this seriously because it is perceived as being the nature of the play. Our people become the audience.
I once watched with bemusement a deaf and dumb boy who caught his mom with a stranger in bed. When his father came home, the poor young boy was at a loss on how to communicate his discovery. After several futile attempts, the boy ceased trying. The father, on the other hand, patted him, walked into the bedroom and was scolding the wife, he asked her why she was sick, rolling on the bed and could not call for help from the neighbours or the family doctor.
I am not going to talk about the currency redesign brouhaha, because as good a policy as it supposedly is, again, it has exposed the gross behavioural nature of some Nigerians. The central bank, the commercial banks, the bankers, the PoS Operators and the general populace are guilty of varying degrees of culpability.
And, then the fuel palaver, the same one that once upon a time Minister of Information and Culture, Lai Mohammed, said: “This is the winter period. There is always more demand for refined products from petroleum during winter in colder countries. This is what we are experiencing now.” Today, I guess it is winter in those places again. And at the black market, the usual trend, is certainly high petrol prices, unavailable and weak Naira, low minimum wage and increasing poverty.
Legislators are neither here nor there; governors’ are not sure where they stand. In all the noise the product disappears. Transportation fare increases, food prices skyrocket…a nation that has a disconnect between the ruled and its rulers, like the deaf and dumb boy, his mother, the stranger and his father.
The fact is, our currency wahala, and fuel palaver are not the government’s problem. What are we really subsidising? Is it the high cost of energy or unavailable petroleum products? Nigerians are tired, hungry and not in protest mode. There’s no fuel scarcity but fuel criminality because leadership lacks the will.
Where are the refineries promised, all gone with the wind called Turn Around Maintenance! There is no PMS in the fuel station, but unregistered marketers/blackmarkers all have the commodity… a continued rationalisation and justification of absurdities like a commentator put it. It is even more disheartening when the intellectual effort and voice of elites are at the heart of such theatricals due to ethnoreligious cleavages birthed by economic disenfranchisement.
Our major problem is the lack of leadership manifesting itself in every facet of our human endeavours. Some of these areas may be fixable in future if we get the right people with the right policies but how do you fix the future of the mass population of our children who are not getting educated today?
The future of Nigeria is bright, and interesting but scary if we reflect on it. Teachers are illiterate; students can’t go to school because schools are closed down, and alternatives are unaffordable, the change is bleak…
The fuel management chain is a lucrative cankerworm of corruption, our banking system is not exactly different, a serious government can yet tackle it, it’s beyond committees and white papers. It’s action; only action can stop the rot. Nigerians can, I believe we can but we don’t know that we can, and doubt if we are ready.
The reason is simple…we are not just part of the problem, in some cases, we are the problem, when Sunny Okunsun sang;
Which way Nigeria, which way to go? I love my fatherland, o yeah, I want to know; Yes, I want to know. I love my fatherland, which Nigeria is heading to? Many years after independence, we still find it hard to start. How long shall we be patient still we reach the promised land? Let’s save Nigeria, so Nigeria won’t die. Which way Nigeria? Every little thing that goes wrong, we start to blame the government. We know everything that goes wrong, we are part of the government.
Which way Nigeria is heading to? Inefficiency and indiscipline is ruining the country now; corruption here there and everywhere, inflation is very high. We make mistakes in the oil boom, not knowing that was our doom. Some people now have everything, while some have nothing. Which way Nigeria, which way to go?
I end with this encounter, a politician was charged with profanity for calling an opponent a bastard: the politician retorted, “When I call him s.o.b I am not using profanity. I am only referring to the circumstances of his birth”. What is the circumstance of the birth of Nigeria, can anything be done to bring destiny and fate to conjure up some good for us all?
The elites are having a field day, but with each fleeting moment, three facts of life beckon, the rising of the sun, the setting of the moon and truth, only time will tell.
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