Feature/OPED
2023: SSENA And Atiku/Okowa’s Endorsement
By Jerome-Mario Chijioke Utomi
The venue of the event was lavishly decorated with different cultural regalia to impress, and it did impress. The event, which commenced at about 11 am at a location in Warri, Delta State, saw all present culturally kitted in their numbers, men and women alike. They sat in such a manner that the gathering could be mistaken for a celebration of cultural fiesta. They wore ample smiles and listened to the various speakers with disciplined attention but said little, even as the banter was exchanged at intervals.
Interestingly, the gathering was by no means a cultural fiesta but a meeting of the members of the South-South Ethnic Nationalities Assembly (SSENA), which comprises various regional groups, community leaders, activists, traditional titleholders, stakeholders, religious leaders, captains of industries, students, and think tanks from across the South-south geopolitical zone of Nigeria.
They gathered for a world press conference to, among others, endorse Atiku Abubakar and Ifeanyi Okowa for President and Vice President of the Federal Republic of Nigeria and the Peoples Democratic Party (PDP) as their vehicle for achieving this objective.
Of all that I heard/observed, two need to be highlighted. First and very fundamental, the gathering acknowledged what has been on the mind of Nigerians: politics is about personal interest.
The second and very strategic is that the virtues and attributes of members all through the world press conference essentially suggest that the forthcoming February 25 and March 11, 2023, general elections in the country may be greeted with an ideological shift.
It was observed that Nigerians might be excused to cast their votes not based on pecuniary consideration or gains arising from a candidate’s deep pocket.
Rather, it will be largely a function of interest anchored on past records of performance (scorecards/political history and antecedents) of the political parties and that of their members angling for elective positions on the platform of the party.
There are many facts to back the above assertion.
First, while addressing the press on the kernel of the meeting, the National Coordinator of SSENA, Chief Favour Izoukumor, stated that with the 2023 general elections just weeks away, the peculiar challenges and the interest of the region is once again on the front burner, and there is a need to make a critical appraisal of the political parties, candidates, their manifestos, antecedents, leadership, and track records, as it affects the growth and development of South-South region over the past 62 years since independence.
To further establish insight on what informed the choice of Atiku/Okowa as candidates and PDP as a party, Izoukumor explained that the federal government under the PDP led by President Olusegun Obasanjo, a former military Head of State, through to President Umaru Musa Yar’Adua and Goodluck Ebele Jonathan, provided extensive support to the South-South geo-political zone.
Presenting the scorecards of these past administrations and how the people of the South-South region benefited, Izoukumor pointed out that it was under the leadership of these great men (Obasanjo, Yar’Adua, and Jonathan) that the Niger Delta Development Commission (NDDC) was created, 13% derivation fund was allocated to the oil-producing Niger Delta states, the Presidential Amnesty Program, the Niger Delta Ministry, the Nigerian Maritime University of Okerenkoko, the Federal Petroleum University, Effurun-Warri, the Federal University of Otuoke and many others were created.
These institutions and their policies were geared toward the development of the region. It is fair to say that the current peace and tranquillity in the Niger Delta is the product of the then-PDP-led federal government.
While the visitors, made up of journalists and other members of specialized groups, were trying to internalize, as well as compare notes as it affects the above claims, SSENA Coordinator again dished another set of reasons as to why the group is rooting for PDP as a party and Atiku/Okowa as their President and Vice Presidential candidates respectively.
He captures it this way; under the glaring performance of the then-PDP-led government, Nigeria regained its rightful place in the comity of nations as a leader of the African continent. The Universal Basic Education Programme (UBE) was established. PDP brought about astronomical growth of the Nigerian economy, with a 100% GDP growth from 3% to 6%; resuscitation of the national fertiliser companies in Kaduna and Onne (Rivers) as well as grew the excess crude oil account from a paltry sum of $2bn to $43bn, while managing to forge an $18bn debt relief deal with major creditor nations and groups, including the Paris Club.
The group furnished the media present with some examples. It reads; worthy of note is how the PDP considered the South-south region in the equation of Nigeria politics by making a minority ethnic nationality, Dr Goodluck Ebele Jonathan, a Vice-President and subsequently President of Nigeria. It was the highest political office attained by a minority from the South-South and went ahead to make him the President of the Federal Republic of Nigeria. Under Jonathan’s formidable economic team, Nigeria’s economy was rebased for the first time in a decade, leading to the country’s emergence as the largest economy in the continent after overtaking South Africa.
SSENA boasted that even as the nation braces up for the 2023 general election, the PDP has again demonstrated its ‘organicness’ and love for minority groups by picking Ifeanyi Okowa from Delta State as the Vice-Presidential candidate.
Okowa, according to SSENA, symbolizes a bridge between the South-South and South-East. His adoption by the party was borne out of his sterling performance as a governor of Delta State. His giant strides are evident across the land and are visible to the blind and audible to the deaf. His landmark achievements in Delta State are evident, particularly in riverine communities, where his carefully thought-out programs and policies have created wealth for Deltans.
Still, on why they have thrown their weight behind PDP, the Group again fired; The PDP is known for talent hunting, and they have done it again by picking Okowa in this coming election. Presently, we believe this is the best for the South-South. There is no major political party other than the PDP and its candidate, Atiku Abubakar, that has shown interest in the S/S and the Nigerian people, and with his charisma and willpower to pull Nigeria out of the quagmire of hopelessness and to rescue it for a better and greater nation.
Advancing other reasons that are Atiku-specific, SSENA said; It is pertinent to recall that under the PDP government (1999 – 2007), during which Atiku Abubakar served as Vice President and also as Chairman of the National Economic Council (NEC) (from 1999-2011), Nigeria recorded the highest economic growth in history. In 2002, Nigeria recorded the highest GDP growth rate of 15.33%.
The PDP government initiated the fight against corruption through the establishment of anti-corruption agencies such as the EFCC and the ICPC. Under the PDP, Nigeria witnessed private-sector telecommunications, banking, and pension administration reforms. The PDP-led government paid off the foreign debts inherited by the civilian government.
The chronicles of PDP achievements over those years cannot be written without His Excellency Atiku Abubakar getting a prominent mention, both for his tireless effort as a backbone of the reforms and as chairman of the National Economic Council (NEC).
The Group insisted that Atiku Abubakar’s wealth of experience in private and public sectors gives him an edge over all rival candidates in the 2023 elections. They stressed that he had created thousands of direct and indirect jobs for Nigerians in his home state of Adamawa and other parts of the country, noting that Atiku has already pledged a whopping sum of $10 billion to small and medium-sized businesses to create jobs that will solve the unemployment crisis we face if elected president.
“He, Atiku again, promised to restructure Nigeria if elected president. We must recall that the critical demands of the people of the Niger Delta over the decades of marginalization have been restructuring and resource control, as were the cases during both CONFABs convened by former Presidents Obasanjo and Jonathan. One of the demands of the people of the Niger Delta presented to the Nigerian government was to restructure Nigeria so that the people of the Niger Delta would benefit from their God-given natural resources. We are aware that of all the candidates and political parties, only PDP’s Atiku has categorically promised Nigerians restructuring and resource control. We believe this will bring peace and transform the Nigerian economy, as it would galvanize all regions to explore their options and available resources for growth and better citizens’ lives. For the aforementioned reasons, we, the South-South Ethnic Nationalities Assembly, hereby endorse Atiku/Okowa PDP 2023 presidential ticket to rescue Nigeria.
To conclude, the organizers argued that their present action has a place in Nigerian political history; We looked at some of the defunct regional political party’s vis-a-vis NCNC and NPC, led by Nnamdi Azikiwe, Sir Abubakar Tafawa Balewa and Alhaji Ahmadu Bello respectively, whose programs, economic and administrative policies favoured the minorities of Edo and Delta provinces (Defunct Midwest region and later Bendel State) and by extension the whole Niger Delta region. We recall that the first Prime Minister of Nigeria, Sir Abubakar Tafawa Balewa, saw the creation of the Mid-West region and, subsequently, the mid-West state, despite the resentment of some members of the political class during that time.
In a similar vein in the 4th Republic, the federal government under the PDP provided extensive support to the South-South geo-political zone, he concluded.
As the author, I have nothing to add!
Utomi Jerome-Mario is the Programme Coordinator (Media and Policy) at the Social and Economic Justice Advocacy (SEJA), Lagos. He can be reached via [email protected]/08032725374
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
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.
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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