Re: Ugwuanyi’s ’40 Seconds’ Leadership Quality

Image

By Edwin Obune

I read the poorly written article by one Mr Odo Ugochukwu where he expressed his animosity, myopic and jaundiced sense of judgements against the government of Enugu State led by Ifeanyi Ugwuanyi (Gburugburu).

Ordinarily, I would have maintained my calm knowing full well that the hatchet writer is one of the ungrateful elements in the state who have sworn never to see or admit any good thing coming out of the state for reasons best known to them.

But because the writer is on a catastrophic mission of demarketing the state with his shallow and uninformed views aimed at discouraging the inflow of Foreign Direct Investments in to the state, I have decided to make this necessary intervention.

Hence, contrary to the lies put out by Mr Odo that Governor Ugwuanyi’s performance is abysmal in the coal city, I want to prove the writer wrong with superior facts and evidence.

Before I proceed, I want to state again that I still could not figure out the essence of the disparaging article by Mr Odo knowing full well that elections are over. But since it seemed the writer is still campaigning even after elections are over, let me educate him a little.

Before the emergence of Gburugburu as governor, Enugu State used to be in the news for wrong reasons. The state used to be a hot-bed for insecurity, political instability and unnecessary rivalry between and among the elites and the first-class citizens of the state.

But with the emergence of Mr Ugwuanyi as governor on May 29, 2015, the whole scenario has changed. Enugu State is now a first choice destination for foreign and local investors because of its new status as the most peaceful and secured state in Nigeria.

Because of Governor Ugwuany’s pragmatic and all-inclusive style of governance, the elites as well as the political class in the state are now on the same page in all matters concerning the development of the state and the wellbeing of everyone in the coal city.

With the completion of 450 kilometres of roads in spite of the state’s meagre resources, Enugu State is now among the few states that enjoy the best network of roads in the entire country.

The government also empowered 2,400 traders with N50,000 each for them to start and sustain their businesses and livelihoods.

It also constructed and renovated more than 589 primary and secondary school blocks and procured modern learning tools and equipment for our children.

The state equally employed over 4,000 teachers and empowered another 750 youths in the state in line with the United Nations Sustainable Development Goals.

It also constructed over 100 units of one bedroom apartment for 100 lucky civil servants in the state between Grade Level 1 and Grade Level 10, thereby turning civil servants in the state to landlords.

The government also rehabilitated the facilities at Ajali and Oji-River Water Treatment Plants which is providing clean and portable water to our people in the state.

It constructed and renovated district hospitals and health centres across the cities and rural areas of the state.

It constructed new court buildings and opened registries in the Judicial Divisions and Magisterial Districts of the state.

The government completed the Enugu State Diagnostic Centre started by previous administrations in the state without indebting the state or the next generations to huge debt profile.

It is also on records that Governor Ugwuanyi is the first governor to award post-election contracts immediately after he was declared winner of the March 9, 2019 governorship elections in Nigeria without giving-in to the euphoria of his second term victory.

I can go-on in listing the pragmatic and unprecedented achievements of the state government which Mr Odo wilfully refused to recognise in his article but because the realities of the moment does not call for that, I will end my article by asking investors to ignore the ill-informed piece by the hack-writer.

Dr Edwin Obune is the National Coordinator of Enugu Youth Coalition.

Share
Related Stories
Image
02-December-2023

Partnerships for Progress: Collaboration Between Banks and Fintechs is the Future of Banking in Africa

By Ike.S Anison Historically, the formal banking sector’s penetration in Africa has been relatively low. And, while there has been significant improvement in this area in recent years, there is still a significant portion of the population on the continent who are unbanked or lack access to financial services. According to the World Bank, approximately 350 million adults in sub-Saharan Africa are still unbanked, accounting for 17% of the 2 billion global unbanked population. This has largely been due to a struggle to tap into the continent’s low-income segment, the widest proportion of the population. Consumers within this market feel

Image
19-November-2023

Why Sanofi is Not Exiting Nigeria, Changing its Global Business Model

By Sunkanmi Vaughan The reason is unusual and too technical for most people to understand, including most journalists who cover business and political news. As one with an understanding of that highly technical professional sector, I will break down the technicality in the Sanofi strategy for easy understanding and explain why the misunderstanding or misreporting occurred. In the business world covered by economy/business-reporting journalists, everything boils down to profit. It can be a real struggle indeed for the journalists to understand the priority of Sanofi. If you add the unpatriotic politics of disinformation, then you have a bigger problem to

Image
20-November-2023

Balancing Business Success and Family Succession: Navigating ‘Deemed Offer’ Provisions in Startup Shareholder Agreements

By Thando Sibanda It’s all too easy to think of startup founders as young, vigorous and touched with immortality. But the sector is full of stories of founders dying before their time. Such deaths are always tragic but can be even more so when there isn’t a clear plan in place. Without that plan, conflicts can quickly arise between the family of the deceased, investors, business partners, and other interested parties. Often, the source of this conflict is the founder being subject to a “deemed offer” or “deemed sale” clause. This clause leads to an automatic forced sale of the

Image
21-November-2023

National Contradictions Tinubu Must Resolve in 2024

By Michael Owhoko, PhD Any Nigerian with a rational and open mind knows that the complexity of governance in Nigeria today is rooted in the country’s political system, which by any stretch of imagination and logic, is unsuitable for a heterogenous society like Nigeria with over 250 ethnic groups that is characterized by incompatible cultures, varied history, background and interests. These ethnic groups were hitherto independent nations that ceded their sovereignty to the Nigerian state under federalism, a political system that took cognizance of their peculiarities and agreed upon by the country’s founding fathers. But ever since this system was

More Stories
Image
28-December-2022

Food Crisis: Switzerland Commits 14.5m CHF to Nigeria, Others

By Adedapo Adesanya In response to the worsening food crisis in the world, Switzerland has approved additional funding of 14.5 million Swiss francs (CHF) for the United Nations World Food Programme (WFP). This increases Switzerland’s 2022 contribution to the WFP to over 100 million and will help around 350 million people worldwide who are currently affected by acute hunger and dependent on food aid. President of the Swiss Confederation, Mr Ignazio Cassiscommitted additional funds to the WFP with 13 million Swiss francs going to the Immediate Response Account (IRA), the WFP’s emergency relief fund. The IRA can rapidly deliver needs-based

Image
28-May-2018

NSE Index Sheds 0.75% as Bearish Investor Sentiment Persists

By Dipo Olowookere Trading activities resumed on the floor of the Nigerian Stock Exchange (NSE) on Monday, but when the market closed by 2:30pm today, it ended again in the negative territory. Business Post reports that the local bourse depreciated today by 0.75 percent as profit-taking activities continued, with the Year-to-Date (YtD) returns reducing to 2.05 percent. While the market capitalisation decreased by N107 billion to close at N14.137 trillion, the All-Share Index (ASI) went down by 295.11 points to settle at 39,028.51 points. The volume of shares traded by investors on Monday decreased by 24.89 percent, while the value

Image
05-September-2019

NNPC, Navy Move to Stem Oil Theft

By Adedapo Adesanya The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Navy have pledged deeper collaboration to tackle crude oil theft and attacks on oil and gas facilities. The two bodies came to the resolution when the NNPC GMD, Malam Mele Kyari, paid a courtesy call on the Chief of Naval Staff, Vice Admiral Ibok Ekwe-Ibas at the Naval Headquarters in Abuja on Wednesday. In a press statement released by the corporation’s spokesman, Mr Ndu Ughamadu, it was noted that Mr Kyari expressed gratitude to the Navy for its efforts at securing the nation’s oil and gas facilities in

Image
30-December-2021

Profit Takers Crash NGX ASI to 41,807.10 points, Market Cap to N21.822trn

By Dipo Olowookere The Nigerian Exchange (NGX) Limited significantly declined on Wednesday after the Christmas holiday on the back of profit-taking. It was the first trading session of the week as a result of the holidays observed on Monday and Tuesday. The market went down by 1.08 per cent yesterday as investors offloaded some large-cap stocks like BUA Cement, MTN Nigeria, Ecobank, Fidelity Bank and others. As a result, the All-Share Index (ASI) slipped by 455.75 points to 41,807.10 points from 42,262.85 points, while the market capitalisation dropped N238 billion to N21.822 trillion from N22.060 trillion. Business Post reports that

Image
29-September-2016

Senate Expresses Worry Over Inconclusive Polls

By Ebitonye Akpodigha President Muhammadu Buhari has been urged to immediately nominate suitably qualified persons to fill the vacant positions at Independent National Electoral Commission (INEC) in line with the Constitution to enhance the capacity of the Commission to conduct conclusive elections. This appeal was made by the Senate at the plenary on Tuesday September 27, 2016. The Senate made the call in a motion sponsored by Senator Ike Ekweremadu, the Deputy Senate President and Senator Ali Ndume, the Senate leader on inclusive elections in the country. The lawmakers noted with deep concern that at least 20 States of the

Image
23-March-2017

UPDATED: Seplat Loses N38.72k as Stock Market Closes Flat

By Modupe Gbadeyanka Trading of equities on the floor of the Nigerian Stock Exchange (NSE) ended flat on Thursday, March 23, 2017. At the close of activities on the NSE today, the stock market finished at 0.00 percent. Business Post correspondent reports that a total of 20 stocks appreciated in price against 14 equities that crashed at the market. The All-Share Index lost 0.14 points today to close at 25,514.03 points, while the market capitalisation fell by N23.4 million to finish at N8.827 trillion. On the price movement chart, Nestle emerged the biggest gainer, appreciating by N9 to end at

Image
11-March-2018

NAICOM Takes Over UNIC Insurance, Plans Forensic Audit

By Dipo Olowookere The regulatory agency for insurance business in Nigeria, the National Insurance Commission (NAICOM), has taken over operations at UNIC Insurance Plc. This followed the sacking of management of the insurer and the constitution of a four-man interim board to pilot the affairs of UNIC Insurance for the next six months. The takeover of the firm, which happened on Thursday, according to NAICOM, is to ensure safety of policyholders’ investment as well as sanitise the insurance industry. The interim board is chaired by NAICOM’s former Director of Finance and Accounts, Mr Samuel Ordu, while Mr Theophilus Eke will

Ad
Ad
Recent Stories
Image
08-December-2023

PZ Cussons Nigeria Publishes List of 61,628 Shareholders With Unclaimed Dividends

By Aduragbemi Omiyale One of the players in the personal healthcare and consumer goods sectors, PZ Cussons Nigeria Plc, has published a list of its shareholders with unclaimed dividends. Unclaimed dividends are cash rewards given to investors, mainly from the profits from the company’s operations, but are yet to be collected by the beneficiaries. This has been a major source of sleepless nights for the Securities and Exchange Commission (SEC), which is working to bring down the number of unclaimed dividends. It has been reported that the value of unclaimed dividends in the nation’s stock market is over N185 billion.

Image
08-December-2023

CBN Raises Alarm on Fake Naira Notes, Threatens Prosecution

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has cautioned Nigerians to be wary of fake Naira notes currently in circulation, vowing to prosecute those engaged in the illicit acts. The apex bank in a release signed by Mrs Hakama Sidi Ali, the acting Director of Corporate Communications, said the counterfeit notes have been spread by some individuals for transactions in food markets and other places where commerce takes place across the country, noting that this is a punishable offence. “The attention of the Central Bank of Nigeria (CBN) has been drawn to the circulation of counterfeit banknotes, especially

Image
08-December-2023

Nigeria’s Crude Output Falls 30,000 Barrels Daily to 1.43mbpd in November

By Adedapo Adesanya Nigerian crude output fell by 30,000 barrels per day to 1.43 million barrels per day in November, according to data from an S&P Global Commodity Insight. This was lower than the 1.46 million barrels produced in October by Africa’s largest oil producer and 312,000 barrels per day short of its 1.742 million barrels per day target in 2023. Angola, Africa’s second-largest oil producer, saw output drop 20,000 barrels per day to 1.13 million barrels per day, according to the survey, compared with its quota of 1.46 million barrels per day. The drops impacted the wider output of

Image
08-December-2023

New Survey: Some Nigerian Bank Adverts Are Misleading—Customers

By Aduragbemi Omiyale Some aggrieved customers have accused Nigerian banks of lying about a few of their services in adverts in the media and not doing enough to assist when needed, despite using the provided platforms to lodge their complaints. In a survey conducted recently by a foremost perception consulting firm in the country, CMC Connect LLP, it was observed that some financial services consumers in Nigeria are not satisfied with what they get from their banks. The perception study carried out by the Strategy & Intelligence Service unit of CMC Connect showed that, “Consumers do not have enough information

Image
08-December-2023

Delta State Proposed Budget 2024 and Critical Concerns

By Jerome-Mario Utomi It is common knowledge that Delta State Governor, Sheriff Oborevwori, recently, presented a N714.4 billion Appropriation Bill tagged ‘Budget of Hope and Optimism,’ for the 2024 fiscal year to the state House of Assembly. What is, however, uncertain to Deltans and the watching world is whose interest the bill, if passed, is meant to serve or protect. There is also the concern as to whether it will herald into the political geography called Delta state, a just or an unjust law. As we are now, a just law is ‘a man-made code that squares with moral laws

Image
08-December-2023

Nigeria’s Merchandise Trade Rises 1% to $7.8bn in August 2023

By Adedapo Adesanya  The Central Bank of Nigeria (CBN) has disclosed that the total value of the country’s merchandise trade experienced an increase of 1 per cent to $7.8 billion in August 2023 from the $7.72 billion that was quoted in July. This was disclosed by the apex bank in its latest monthly economic publication, where it disclosed that despite the rise month-on-month, Nigeria’s merchandise trade value in the period was almost 20 per cent lower compared to the value in August 2022 due to a significant decrease in import trade value. The total merchandise trade comprised an export trade

Image
08-December-2023

FAO Food Price Index Remains Unchanged in November

By Adedapo Adesanya The global prices of food remained flat, unchanged from its revised October level, as increases in the price indices for vegetable oils, dairy products, and sugar counterbalanced decreases in those of cereals and meat. This is according to the latest Food and Agricultural Organisation (FAO) Food Price Index (FFPI) released on Friday. The index showed that food prices averaged 120.4 points in November 2023 and stood 14.4 points (10.7 per cent) below the corresponding level one year ago. The FAO Cereal Price Index averaged 121.0 points in November, down 3.7 points (3.0 per cent) from October and

Image
08-December-2023

Dangote Targets Ramping Up Production as First Crude Supply Lands

By Adedapo Adesanya The President of the Dangote Group, the owners of the Dangote Petroleum Refinery and Petrochemicals plant, Mr Aliko Dangote, has said that following the purchase of 1 million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO), it will be looking to ramp up its production in coming months. The 650,000 barrels per day capacity refinery is not expected to hit full capacity until 2025, but with a gradual ramping, it is expected that it will begin with begin producing up to 370,000 barrels per day of diesel and jet fuel. “We

Image
08-December-2023

NECA, LCCI Worry Over Exit of Multinationals from Nigeria

By Precious Olisa The Lagos Chamber of Commerce and Industry (LCCI) and the Nigeria Employers’ Consultative Association (NECA) have expressed their disappointment over the increasing exit of multinationals from the Nigerian market. The two organisations reacted to the planned exit of Procter & Gamble (P&G) from the country over economic headwinds. P&G announced its intention to close down its manufacturing operations in Nigeria and adopt an import-only business model due to the foreign exchange (FX) crisis in the country. This is coming some weeks after GlaxoSmithKline (GSK), Sanofi, Unilever Nigeria, Equinor and others have also indicated their interest in quitting

Image
08-December-2023

NGX Tutors Retiring Military Officers on Personal Finance, Investing

By Aduragbemi Omiyale Some retiring Nigerian military personnel have been educated on how they can unlock opportunities in the capital market after active service to the nation. At a seminar held on Thursday, December 7, 2023, at the Nigeria Armed Forces Resettlement Centre in Lagos, the participants were informed of the benefits of diversifying their investments for more earnings. They were also exposed to ways to invest and assess the market with technology, including via the recently launched NGX USSD Code. The Divisional Head of Business Support Services and General Counsel of the Nigerian Exchange (NGX) Limited, Ms Irene Robinson-Ayanwale,