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Osun 2018 Runoff Election: Foretelling the Governor-Elect

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By Omoshola Deji

Osun State is presently Nigeria’s political fireworks capital. The incumbent All Progressives Congress (APC) and the winning Peoples’ Democratic Party (PDP) are in a fierce battle for the control of the state after the September 22 governorship election ended inconclusive.

The PDP is determined to maintain its lead while the APC has vowed to overturn it. PDP’s Ademola Adeleke garnered 254,698 votes, which puts him in a 353 vote lead against APC’s Gboyega Oyetola who accrued 254,345 votes. Candidate of the Social Democratic Party (SDP), Iyiola Omisore earned 128,049 votes to come third.

You would recall that Nigeria’s ingenious political and public affairs analyst, Omoshola Deji foretold the outcome of the election and virtually everything he said came to pass. It is recommended that you Google and read the piece titled ‘Osun 2018 Governorship Election: Foretelling the Outcome’ before you digest this.

Adopting a different methodology as dictated by the situation in Osun, this piece takes a different turn by foretelling the outcome of the upcoming rerun election with the analysis of figures. The pundit would adopt a quantitative approach and use mathematics to solve politics. As you read on, please be aware that you may need to slow down at some point in order to accurately grasp the figure calculations and key into the analysis.

The official results released by the Independent National Electoral Commission (INEC) will be used to examine the vote pattern in Osun. It will also be used to provide an insight on what the rerun scores may be. The subsisting results would likewise be used to evaluate the parties’ coalition strengths in places where the rerun elections would be conducted. Findings from all these inquires will be used to foretell who will most likely become the governor-elect in Osun State.

The rerun election is scheduled to hold on Thursday, September 27, 2018. The affected local government areas are Ife North (1 polling unit, 353 registered voters); Ife South (2 units, 1314 registered voters); Orolu (3 units, 947 registered voters); and Osogbo (1 unit, 884 registered voters). Evaluating the subsisting results in these areas will get you informed and prepare you for the discourse ahead.

During the first round of the election, the scores of the top five political parties in the four local governments where rerun would hold, in seven polling units, are:

Ife North: APC, 6527. PDP, 5486. SDP, 5158. ADP, 745 ADC, 94.

Ife South: APC, 7223. PDP, 4872. SDP, 6151. ADP, 561. ADC, 136.

Orolu: APC, 5442. PDP, 7776. SDP, 2043. ADP, 388. ADC, 79.

Osogbo: APC, 23379. PDP, 14499. SDP, 10188. ADP, 2478. ADC, 413.

The APC garnered the highest number of votes in the results above. This result would make politicians, depending on which divide they belong, rejoice or panic that the APC would defeat the PDP in the rerun election. APC is indeed formidable enough to triumph and the above results could tempt one to foretell her win. Nonetheless, before making a prediction, APC’s domination of the four local governments where rerun would be conducted, in seven units, must be tested to ascertain the party’s strength, especially after joining forces with Iyiola Omisore, the SDP governorship candidate. Both the APC and the PDP have been reaching out to other parties for support in order to increase their chance of winning the rerun.

ADC candidate, Fatai Akinbade would most likely support the PDP based on the ADC chieftains (ex-President Obasanjo and former Osun Governor Oyinlola’s, both ex-PDP members) frosty relationship with the APC and President Buhari. Moreover, Akinbade was recently a member of the PDP, but he dumped the party for the ADC when he lost the governorship ticket to Adeleke. The PDP made efforts to woo Omisore, but lost him to the APC. His announcement to support APC win is baffling. Omisore was once a senator and governorship aspirant under the PDP. Being in the third position, Omisore is a strong election winning determinant as 48% of the votes being contested are in Ife South and Ife North Local Government which are mainly his stronghold.

More to add, Omisore’s father, Oba David Omisore, is the king of Garage Olode, a town in Ife South, where election was cancelled in two units. But then, the PDP governorship candidate’s running mate, Albert Adeogun is an Ife indigene.

Moshood Adeoti of the ADP allegedly contested against his former party, the APC, because he was displeased that he lost the governorship ticket to Oyetola. Despite defecting, one may argue that Adeoti’s body, soul and spirit is APC, having served as the Secretary of Government in incumbent Governor Rauf Aregbesola’s administration for over seven years. Be that as it may, Adeoti may not just team up with the APC or the party has decide to run their race to victory without his input.

Having established that the SDP is teaming up with the APC and the ADC candidate would most likely work for the PDP, the voting strength of ADP’s Adeoti would be merged with that of the PDP. Leaving ADP, the fourth place occupant, out of the analysis, would be irrational. One may also argue that the APC’s decision to team up with Omisore instead of Adeoti is an indication that the party probably do not want to associate with Adeoti and his party, the ADP. At this juncture, it is essential to use the subsisting local governments’ results to evaluate the influence of political alignments on the winning chances of the APC and the PDP.

In Ife North the parties recently scored the following: APC, 6527. PDP, 5486. SDP, 5158. ADP, 745. ADC, 94.

Based on the scores, APC defeated the PDP with 1041 votes. A summation of APC and SDP’s votes would give us an idea of the effect of their vote earning strength in the rerun. APC’s 6527 + SDP’s 5158 votes equals to 11685. A summation of PDP, ADC and ADP’s votes would give us an idea of the effect of their strength, should they team up to work together during the rerun. PDP’s 5486 + ADP’s 745 and ADC’s 94 votes equals to 6325.

Weighing the APC+SDP coalition strength against that of the PDP+ADP+ADC in Ife North would give us a calculation: APC+SDP’s 11685 votes minus PDP+ADP+ADC 6325 votes equals to 5360. If the above party alignment plays out, APC’s Oyetola has about 5% edge over PDP’s Adeleke in Ife North.

In Ife South the political parties recently scored the following: APC, 7223. PDP, 4872. SDP, 6151. ADC, 136. ADP, 561.

APC defeated the PDP with 2351 votes. A summation of APC and SDP votes would give an idea of their strength if they unite against the PDP during the rerun. APC’s 7223 votes + SDP’s 6151 votes = 13374 votes.

A summation of PDP, ADC and ADP votes would also give an idea of their alliance strength. PDP’s 4872 votes + ADP’s 561 and ADC’s 136 votes = 5569 votes. Comparing the APC+SDP vote garnering strength against that of PDP+ADP+ADC is to simply minus 13374 from 5569. The result of that is 7805. The result shows that APC’s coalition with SDP will hike the former’s winning chance by about 8% in Ife South.

In Orolu local government, the five major contending parties’ results are: APC, 5442. PDP, 7776. SDP, 2043. ADC: 79. ADP: 388.

The PDP defeated the APC in Orolu with 2334 votes. A summation of APC and SDP’s votes (5442+2043) is 7485. In the same vein, an addition of PDP, ADC and ADP’s votes (7776+79+388) is 8243.

Comparing the APC+SDP coalition strength against that of the PDP+ADC+ADP (7485-8243) will give us 758 votes’ difference in favor of the PDP. This time around, the APC coalition with the SDP has no positive effect. PDP’s projected coalition hiked the party’s winning chance by a meagre 0.8% in the rerun polling units in Orolu.

In Osogbo the political parties recently scored the following: APC, 23379. PDP, 14499. SDP, 10188. ADC, 413. ADP 2478.

APC defeated the PDP with a remarkable 8880 votes in Osogbo. A sum of APC and SDP’s votes (23379+10188) is 33,567. Correspondingly, a sum of PDP, ADC and ADP’s votes (14499+413+2478) is 17390. Comparing the APC+SDP coalition strength against that of the PDP+ADC+ADP would give us (33567-17390) 16177 votes. The APC thus have a 16% earning-more-votes advantage over the PDP in Osogbo

The above political mathematics of election results in the four local governments controlling the polling units marked for rerun shows that APC has a substantial edge over the PDP. APC recently had the largest votes in the four local governments, and an assessment of the likely coalition of parties for the rerun shows that the APC will defeat the PDP. APC’s Oyetola have a 55% earning-more-votes advantage over the PDP’s Adeleke in Ife North, 8% in Ife South, and -0.8% in Orolu. The APC has over 16% advantage to earn more votes than the PDP in Osogbo.

Knowing the overall earning-more-votes advantage of the APC and PDP in the four local governments where the rerun polling units are located is also essential. In the four local governments, the parties have the following votes:

APC: 6527+7223+5442+23379 = 42571 votes.

PDP: 5486+4872+7776+14499 = 32633 votes.

SDP: 5158=6151=2043=10188 = 23540 votes.

ADP: 745+561+388+2478 = 4172 votes.

ADC: 94=136=79=413 = 722 votes.

In these four local governments, the total votes earned by the five parties is 103,638. Overall, APC defeated PDP with 9938 votes. A Summation of the APC and SDP votes equals to 66111. A summation of PDP, ADC and ADP votes equals to 37527. The difference between APC+SDP and PDP+ADC+ADP strength testing votes (66111-37527) equals to 28584 votes, in favor of the APC wing. This implies that if the party collaboration occurs as stated, APC’s Oyetola has about 30% advantage of earning more votes than PDP’s Adeleke in the rerun election.

Aside the political calculations, one crucial setback for APC’s Oyetola is the remarkable rise in Adeleke’s popularity after INEC declared a rerun in the polling units that their results were earlier cancelled. Adeleke’s popularity rose on the argument that he has already scored the highest votes as constitutionally required and should have been declared winner. People may decide to vote en masse for Adeleke in the rerun, if the tale that APC leaders allegedly compelled INEC to declare the election inconclusive in order to manipulate the process for Oyetola’s magnets public sympathy.

Then again, if Adeleke loses the election, there would be severe crisis in Osun State. Legal suits to nullify his candidacy and police decision to arraign him for alleged exam malpractice on the eve of the election has made people believe that INEC is also configured to rob Adeleke of his win. The unnecessary meddling of government agencies in political issues really needs to be checked.

After the in-depth analysis of votes to determine the expected political behavior of the Osun electorates and the parties’ coalition strengths, the pundit is left with no other option than to foretell the victory of APC’s Gboyega Oyetola in the upcoming rerun. The data and methodology employed to foretell the election outcome is scientific and beyond the pundit’s capacity to control or influence. The findings sincerely favors APC’s Oyetola.

This is one of the rare election prediction that the pundit is having a strong, unexplainable conviction that contradicts findings. The pundit is having a deep feeling that PDP’s Adeleke could emerge, but all the data evaluated does not point to him having a win. Adeleke would win, if Omisore’s public declaration of support for the APC turns out to be a deceit planned by him and Senate President Bukola Saraki. Omisore is one of the notable politicians that is extremely anti-APC and wants to end the party’s reign in Osun State. It is not impossible that Omisore would announce his support for the APC’s Oyetola and tell his supporters to vote PDP’s Adeleke.

Note: Foretelling an election outcome doesn’t mean the pundit have access to one sacred information or the election winning strategy of any candidate. Assessing the strengths and weaknesses of candidates to predict who’ll win is a common practice in developed nations. This doesn’t mean the pundits are compromising the electoral process or influencing the election results. Osun people have already decide who they’ll cast their votes for and nothing – not this piece – can easily change their minds. The pundit’s election prediction is made based on the expectation of a free, fair and credible election, not electoral fraud.

Omoshola Deji is a political and public affairs analyst. He wrote in via [email protected]

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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The Future of Payments: Key Trends to Watch in 2025

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Luke Kyohere

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

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Ghana’s Democratic Triumph: A Call to Action for Nigeria’s 2027 Elections

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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.

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The Need to Promote Equality, Equity and Fairness in Nigeria’s Proposed Tax Reforms

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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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