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Another Look at Ihedioha’s Transition and Inauguration Committees

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By Walter Duru, Ph.D

On Tuesday, April 9, 2019, Lagos State Governor, Akinwunmi Ambode, inaugurated a 20-man Transition Committee, ahead of the May 29, 2019 governorship inauguration ceremony of his successor, Mr Babajide Sanwo-Olu, and charged them with clearly defined mandates.

The committee is saddled with, among other things, the onerous responsibility for ensuring a smooth transition of power from the out-going administration to the incoming one- to be led by Governor-elect, Sanwo-Olu.

This inauguration of a 20-man Transition Committee by the Lagos State Government may have stoked the debate in some quarters questioning the propriety of the actions of the Imo State Governor-elect, Mr Emeka Ihedioha, in inaugurating a 139-member Transition Technical Committee.

While the debated raged, the former Deputy Speaker of the House of Representatives, not done yet, went a step further. On the same Tuesday, April 9, (just like in Lagos), Governor-elect Ihedioha swore in the Governorship Inauguration Committee, which initial list included about two hundred and eighty seven names (287); before a supplementary list took the total membership to a princely three hundred-or-so names. All in the course of one inauguration, the naysayers argued!

A close relation who lives abroad, and who has always been sympathetic to Mr Ihedioha’s cause, actually sent a text message to my mobile phone in protest. The text reads in part: “what meaningless charade is Ihedioha up to, with over 300 names on an inauguration committee? This is in addition to several dead-wood so-called members piled up in a ridiculous Transition Committee. I am afraid….”

After reading the message, I took my phone and called her. She cited the example of Lagos, where a 20-man Transition Committee seemed just sufficient. At the end of our telephone conversation, which lasted for about an hour, she came to properly understand and appreciate the issues at stake, and had a change of mind. In fact, she apologized for her initial outburst.

Where am I going with this narrative? Is it right to compare the Lagos State situation with that of Imo, where an administration led by the All Progressives Congress (APC) is handing over to another APC administration? Are our circumstances the same? Is the situation in Lagos the same as Imo State? What really is the yardstick for measuring that? It would be most naive, even misleading to attempt to compare Ambode’s 20-man Transition Committee with that of Imo, since every state has its own peculiarities, and some would say, ‘private demons’.

I do not envy Ihedioha at all at this point; no one should. It will only take someone that does not understand the level of decay in today’s Imo State, to fault the setup, size, scale and scope of the mandate of, both committees.

A careful review of the Terms of Reference of both committees, when juxtaposed with the time available for the delivery of their very important, separate, yet delicately intertwined mandates, may even lead to a suggestion that the membership may even be conservative.

Obviously, it goes without saying that the work to be done in revamping Imo is enormous and tedious. The areas to cover are very broad. The time is short. The experience and expertise of the individuals assembled for the work are the exact mix that Imo State needs at this time. In fact, the Holy Book captures the full and true essence of the challenge, when it intones in Matthew 9: 35-38 that, “the harvest is large, but the workers are few.”

An analysis of the address delivered by the Governor-elect, Mr Emeka Ihedioha, during the inauguration of the Transition Technical Committee shows clearly that he knows the direction he is going.

His address reads in part:

In constituting this transition committee, we were very careful and deliberate. We have selected from among the brightest and the best of our people in different fields of human endeavour. I know every single person in this room, if not personally, at least by reputation and I feel delighted that you decided to answer our call. It is even more humbling to note that every individual we invited for this defining state assignment responded delightfully in the affirmative.

Let me say here that we are not bereft of ideas as to what we want to achieve. We however, believe in team work and we will not shy away from harnessing the well acknowledged potentials of our people. We also know that with accomplished men and women like you, our job can only be easier to make Imo great again.

To make the job of this Transition Technical Committee more effective, it has been subdivided into sub-committees with clear terms of reference which shall be handed over to the chairmen of the respective sub-committees. The sub-committees will be given four weeks to complete their work and forward to the main committee, which will now have a further two weeks to consolidate their report – making a total of six weeks.”

The task of rebuilding our state at this time of our history is very daunting and enormous. I have every confidence that you will all help us to achieve that objective.

Before I end my remarks, it is noteworthy that I will be shortly commissioning an Inauguration Planning Committee. This Committee will be principally charged with ensuring that the activities leading to the swearing-in ceremony on May 29 are peaceful, eventful, historic and memorable. I will therefore be calling on more of our sons and daughters to serve on this committee.

For a man that is about to take over a state ruled and despoiled for eight straight years in the most irresponsible manner, Mr Ihedioha understands that there are no easy solutions; he is therefore not under any illusion that he has been invited to a tea party.

Imo as at today has a demoralized work force (civil/public service); has no due process in place; no independent legislature or judiciary; is hobbled with the baggage of harassed and battered traditional institutions; the absence of transparency and rule of law in doing government business; crippling public debt, among other frightening challenges.

The Transition Technical Committee has already called for memoranda from citizens and stakeholders of the state on situations and developments, and a lot of submissions are already being made.

In fact, following the alleged desperate efforts of the incumbent (outgoing administration) in the state to further wreak havoc on the polity, urgent steps have already been taken by the Governor-elect in cautioning the relevant organizations, particularly, financial institutions, against connivance to further worsen the debt overhang of the state.

Similar warnings have been issued against indiscriminate last minute mass issuance of Certificates of Occupancy to friends and cronies of the present administration.

In any case, has anyone bothered to ask the all-important question, “Who are the members of these two committees, and what is their pedigree?” There has never been any time in the history of Imo State that we have had the assemblage of this calibre of intellectuals, with experience and expertise from all walks of life, agreeing to work together for the common good of the state. No doubt, both committees have a long list of people, but, the end they say, justifies the means.

Be that as it may, some of the arguments against the committees may yet be valid. For instance, the fact that the youth are not adequately represented in the Transition Committee is obvious. The Governor-elect however addressed this concern at the Inauguration Committee. Again, there have been concerns raised to the effect that the Civil Society component does not have sufficient local content. There may be other concerns.

However, there is no perfect Committee or Policy anywhere in the world. Every constituted authority the world over has its gaps, both in policy formulation and implementation. What is important is that there is a deliberate shift from the old order to a new one, where the overall interest of majority of the citizens is put forward.

Imo people are not in doubt, as to the ability of the Governor-elect, Mr Emeka Ihedioha, and his deputy, Mr Gerald Irona, to deliver on their sacred joint mandate. In fact, they have no reason to fail, unless experience no longer counts in the management of public resources, delivery of public service and capacity to take decisions that will change the fortunes of the state.

One of the measures of the success of the incoming administration is the calibre and competence of persons it will appoint to sensitive positions of governance. I was therefore particularly excited, when, recently, he declared that his administration will have zero tolerance for sycophancy.

The truth is that, at the centre of the failure of successive administrations in Nigeria is sycophancy. Putting round pegs in square holes is a recipe for failure. The incoming administration must be willing to give strategic positions to persons with capacity, experience and determination to deliver on the mandate, and not to incompetent praise singers.

The idea is not for the administration not to reward in one way or the other, those who worked for the success of the party at the polls. The point is that there are creative ways of doing so, without obstructing the free flow of governance.

Another set of people the administration must watch carefully are the old horses, popularly called godfathers. It is obvious that they are already putting pressure on the Governor-elect and his deputy. They are lobbying for positions for their children, some of whom do not have what it takes to deliver in public service in the Twenty First Century. The moment they are turned down, they will accuse the new administration of so many things, including “showing disrespect to elders”.

Mr Ihedioha and his Deputy are not new in the game of politics. They certainly have sufficient capacity to handle the situation; to wit: balance political interests with good governance.

They must first and foremost, surround themselves with aides that are intellectually sophisticated. The quality of advice they get will certainly determine the kind of decisions they take. Anyone around you that claps for you when you are wrong is not a friend and has no business being close.

The only language Imo people will understand henceforth, is good governance. That, alone will satisfy them.

The long awaited new dawn has arrived!

Walter Duru holds a doctorate degree in Communications. He is a Communications teacher, Public Relations expert and Good Governance advocate. He writes from Owerri and can be reached on: [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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IFC, Standard Chartered Unveil Facility to Boost Supply Chains in Nigeria, Seven Others

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Standard Chartered Bank Nigeria

By Adedapo Adesanya

The World Bank Group’s private-sector arm, the International Finance Corporation (IFC), and Standard Chartered on Wednesday announced a new ‌risk-sharing facility aimed at strengthening supply chains and supporting business growth across Africa.

The programme will roll out across eight markets—Côte d’Ivoire, Egypt, Ghana, Kenya, Nigeria, South Africa, Tanzania and Zambia—targeting sectors including agriculture, healthcare and manufacturing, with a focus on improving access to working capital for suppliers.

This marks the IFC’s first project under its Global Supply Chain Finance Program and the Africa Trade and Supply Chain Recovery Initiative, supported by the International Development Association’s Private Sector Window Blended Finance Facility.

Global demand for supply chain finance continues to rise, reaching an estimated $2.7 trillion in 2025, an increase of 8 per cent year-on-year. However, access in emerging markets remains limited, as financial institutions tend to prioritise developed economies.

The facility will cover up to $300 million in supply chain and trade finance assets originated by Standard Chartered. It includes financing instruments such as payables finance, receivables discounting and pre-shipment finance programmes, which enable businesses to access funds earlier in the payment cycle.

The facility aims to address this imbalance by mitigating risk in short-term trade and supply chain finance portfolios, helping to unlock capital in underserved markets.

By accelerating payments to suppliers, the initiative aims to strengthen supply chain relationships, improve delivery reliability and support job creation across value chains.

IFC will provide guarantees of up to $150 million, with $100 million committed as an initial tranche. The facility will support transactions in both U.S. dollars and selected local currencies.

Over three years, the partnership is expected to enable approximately $1.9 billion in supply chain finance transactions, supporting more than 500 suppliers, including small and medium enterprises. The programme also has the potential to indirectly benefit over 1 million farmers.

Speaking on this development, Mr Mohamed Gouled, Vice President, Products & Clients at IFC, said, “Supply chain finance is among the fastest ways to narrow the growing finance gap that businesses, particularly small and medium enterprises, are facing in emerging economies. By partnering with Standard Chartered to support companies at the centre of strategic value chains, we can unlock much-needed working capital at scale for businesses across Africa, including smaller firms and farmers, making supply chains more competitive and boosting job creation.”

On his part, Mr Dalu Ajene, Chief Executive and Head of Coverage, Standard Chartered Africa, said, “This $300 million facility with IFC underscores our shared commitment to strengthening Africa’s supply chains and enabling sustainable business growth. As a super-connector bank with deep expertise across key trade corridors linking Africa to Europe, Asia, the Middle East and the Americas, we are uniquely positioned to channel capital and innovation into the real economy.”

“By expanding access to supply chain finance, we are helping African companies unlock liquidity, manage risk, and invest with confidence. Our collaboration unites Standard Chartered’s cross-border expertise with IFC’s development mandate to empower businesses – from major corporations to smaller local suppliers – to engage more actively in regional and global trade, fostering job creation and promoting inclusive growth,” he added.

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Petrol Prices in Nigeria Rise 22.55% in March 2026 on Hormuz Closure

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petrol consumption nigeria

By Adedapo Adesanya

The National Bureau of Statistics (NBS) has said that the average retail price of a litre of Premium Motor Spirit (PMS), otherwise known as petrol, rose by 22.55 per cent or N237.07 per litre to N1,288.54 in March 2026 from N1,051.47 in February.

In the Premium Motor Spirit (Petrol) Price Watch for March released on Tuesday, the NBS said on a year-on-year basis, the average retail price of fuel also increased by 2.13 per cent from N1,261.65 recorded in March 2025.

This surge in fuel prices could be linked to global disruptions brought on by the US-Israel war on Iran, which triggered the closure of the Strait of Hormuz and sent prices of crude oil above $100 per barrel.

While the country was not heavily hit by the impact, it felt the ripple effect of crude prices increasing, particularly as Dangote Refinery imported crude from other markets to cover for local feedstock shortfalls.

The data noted that by state, Anambra recorded the highest average retail price of N1,441.22 per litre, followed by Sokoto at N1,377.55 and Borno at N1,375.16.

However, the price was cheapest in Lagos at N1,162.71, followed by Ogun at N1,169.78 and Kaduna state at N1,193.40.

By zone, it was most expensive in the North East at N1,336.50 last month, while the South-West recorded the lowest at N1,232.46.

A look at the Diesel Price Watch Report for March showed that the average retail price paid by users rose by 16.05 per cent on a month-on-month basis to N1,648.08 per litre from N1,420.17 per litre a month earlier.

“On state profiles analysis, the highest average price of diesel in March was recorded in Ebonyi at N2,262.29 per litre, followed by Akwa Ibom at N1,895.72 and Osun at N1,872.15.

“On the other hand, the lowest price was recorded in Kogi at N1,383.40 per litre, followed by Katsina State at N1,438.25 and Enugu at N1,480.06,” parts of the report said.

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Datti Baba-Ahmed Dumps Labour Party, Joins PRP

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datti baba-ahmed

By Modupe Gbadeyanka

The vice-presidential candidate of the Labour Party (LP) in the 2023 general elections, Mr Datti Baba-Ahmed, has left the party to join the Peoples Redemption Party (PRP).

Speaking on Channels Television’s Politics Today, the politician said he’s no longer interested in the way the Labour Party was being run.

He disclosed that there is no more peace in the political party he flew its flag in the last general elections because of greed.

He accused the ruling All Progressives Congress (APC) of destabilising opposition political parties to ensure President Bola Tinubu does not have a credible opponent in the 2027 presidential poll.

“What the Labour Party stood for is not the same now. We have a government of today which is interested in destroying other political parties,” he said.

“I am leaving the Labour Party tomorrow (today) by 12 midnight,” Mr Baba-Ahmed said when asked about his plans for next year.

I am leaving the Labour Party [at] midnight, and I am joining PRP. PRP is the new destination. PRP is the one with a history. It’s about 75 years old,” he further stated.

He further said, “When there was real peace in the Labour Party, someone was redeployed to the Labour Party and because of the antecedents of the person, [I don’t see things getting better].

PRP, a progressive Nigerian political party, was established in 1978 by Mallam Aminu Kano. It is rooted in social democratic principles and populist ideology, often focusing on the empowerment of the talakawa (common people).

Its current National Chairman, according to data obtained from the website of the Independent National Electoral Commission (INEC), is Mr Falalu Bello, while the National Secretary is Mr Babatunde F. Alli.

PRP Data INEC

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