The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu has called for a concerted effort towards diversifying the country’s export base through the promotion of non-oil exports. He made the call during a Webinar themed “Prospects of Non-Oil Export During and Post COVID-19” organized by the bank on Wednesday, August 26, 2020.
According to him, the onset of the COVID-19 pandemic which has impacted the demand for oil and, by extension, the price of crude oil in the international commodities market has further exposed Nigeria’s over-dependency on crude oil earnings and its susceptibility to oil-related shocks. He added that the events of the last couple of months have also highlighted the limited range of the country’s value-added products exported to foreign markets.
He noted further that boosting non-oil export is imperative in view of the opportunities that exist in the broader contexts of ECOWAS Trade Liberalisation Scheme and the African Continental Free Trade Area (AfCFTA) which seeks to create a continent-wide market of 1.2 billion people with combined Gross Domestic Product (GDP) of $2.5 trillion and about $4 trillion in consumer and business spending.
Whilst commending the efforts of the government and the Central Bank of Nigeria (CBN) to deepen the non-oil export business in the country, Onyeagwu urged players in the non-oil export value-chain including exporters and financial institutions to play their part in the drive towards expanding the nation’s non-oil export base.
Delivering the keynote address, the Director of Trade & Exchange, Central Bank of Nigeria (CBN), Dr. (Mrs) Ozoemena Nnaji, who commended Zenith Bank for organizing the webinar at a time like this, observed that the impact of the COVID-19 pandemic is a wake-up call for the country, as it has once again exposed the over-dependence of the Nigerian economy on one product. She therefore called for a deeper policy look at the non-oil sector to find ways of genuinely improving the quality and quantity of our non-oil export goods.
Also speaking at the Webinar, the Chief Executive/Executive Director of the Nigerian Export Promotion Council (NEPC), Mr. Olusegun Awolowo commended the efforts of Zenith bank in promoting non-oil export business in Nigeria, describing the bank as ‘the Export Trade Bank of Nigeria’. Speaking on the topic “Repositioning Non-oil export as a Leading Revenue Earner: Government Plans and Programmes”, Awolowo noted that the crash in oil prices following the COVID-19 pandemic and OPEC’s price war with Russia reinforced what everyone already knows – the mono-product economy of the country is not sustainable, calling for a buy-in into the Zero oil policy of NEPC.
Zenith Bank remains committed to the promotion of the non-oil export sector in Nigeria by identifying emerging opportunities which help in stimulating non-oil exports and developing robust financial products and incentives for operators in the sector. The bank l
The volume, velocity and variety of campaigns of calumny against Captain Idahosa Wells Okunbo, a billionaire businessman and philanthropist, in the last few weeks, underpin the consensus among the elite and the average electorate in Edo State, that having wilfully taken on some of its illustrious sons, Governor Godwin Obaseki is an ill wind that blows no one any good and should be voted out of Government House by September 19th. Obaseki does not deserve pity of any kind, really.
He self-destructed by scrapping with well meaning apolitical but wealthy Edo sons, who are now all out to see his back. A statesman like Capt Hosa, for instance, is the centripetal force of the governorship election with just one mandate: chase Obaseki out. Prior, he would have remained in the background, because of his professed non-political stance.
But the governor and his administration had mindlessly and serially besmirched him and his businesses. For Capt Hosa, the September 19th governorship election is a battle he is committed to helping Pastor Osagie Ize-Iyamu and the All Progressives Congress, APC, win, not for any ulterior motive but the need to rescue Edo from the impostor in Government House.
Fighting needless battles with people especially those that have impacted the lives of the people for decades remains one of Obaseki’s mortal undoing. He sadly and patently epitomises and embodies the biting aphorism that no man is wise enough or good enough to be trusted with unlimited power.
Pre-2016, Obaseki was dutiful, loyal and meek; virtues that won him over to the Edo State elite, notably, Capt Hosa. For any right-thinking government, whether state, national or international, Capt Hosa is an ace in the hole – an effective adviser and sounding board for economic policies and directions that Obaseki failed to capitalise on his hand of fellowship is one of the major indicators of his administrative and governance ineptness and ignorance.
Yet, in the early days of his administration, Captain Hosa was one of Obaseki’s cheerleaders – supporting, rooting and collaborating with him to make Edo work for the generality of the people. He contended that if Obaseki succeeded, it is the people of the state that would be the greatest beneficiary and if he did otherwise, it is still the people that would bear the brunt.
Knowing Captain Hosa means knowing a man at peace with himself, humanity and his creator. Undeniably one of Nigeria’s most successful and humane businessmen with interests in diverse sectors of the economy spanning petroleum, marine, construction engineering and agriculture, Captain Hosa has given as much to humanity and his native Edo State nay Nigeria as much he has been blessed by God.
Over the years, much as he is not a partisan politician, he has always supported progressive politics and those with the passion and devotion to better the lots of the people.
Because of his commitment to making Obaseki and his administration succeed, Capt Hosa, in 2016, had a meeting with the new governor on how to make the state an investment hub to expand revenue base, drive economic growth, and lessen the financial burden on the public purse so the state government could spend even more on public works.
Believing that he and the governor were in sync, Captain Hosa sponsored him and his officials on an investments pathfinder’s trip to China, because of his firm conviction in private sector-led participation as being the key to the economic and industrial development of the state.
On another occasion, as a guest of the governor at the Edo Convention in Toronto, Canada, he announced the donation of five houses valued at N50million to support Obaseki’s housing project and earn him the goodwill of Edo people at home and in the Diaspora. Capt Hosa did all of these and more without necessarily expecting any patronage from the state government.
The eventual point of departure between him and Obaseki, according to Capt Hosa, was when he started an avoidable fight with Comrade Adams Oshiomhole, the then APC National Chairman.
“At a time, I spent almost three hours of my precious time in the governor’s house, explaining to him the need to build synergy between him and in the best interest of the development of our state. He was blunt that he was not interested in any peace talk and that he was embarking on a fight to the finish with Comrade Oshiomhole,” Okunbo recalled, in an open letter to President Muhammadu Buhari and the Edo people.
A man, who holds firmly that politics is about morals and values, and that nobody needs amoral friends with shitty values, Capt Hosa said he decided to hands off the matter, having done all he could do to engender a peaceful atmosphere for governance and development of Edo.
At the time also, it had become apparent that Obaseki’s style of governance was anti-people and divisive while his strong suit is demonising those who don’t share his base political beliefs. Worse, Obaseki and his rapacious crew pandered towards venality while he made a botch of the state’s economy.
They deified and enrobed him in transcendent garb without commensurate achievements or substance and he believed his own hype and turned a deaf ear to voices of reason. He did virtually nothing to assure the populace that people can stay connected and respect each other even if they differed politically.
Then, Obaseki began a reign of onslaught against Captain Hosa. First was the sponsored and sustained rumour that he was interested in the governorship seat. Despite his strong rebuttal, the Obaseki camp feasted on it. Later, Obaseki, in a press statement, blatantly accused Oshiomhole and Captain Hosa of plans to recruit thugs to disrupt the September 19th election.
Subsequently, an aide of the governor, one Marvellous Zibiri, wrote an incendiary article wherein he described Capt. Hosa as a ‘drug baron’ because he was investigated by the National Drugs Law Enforcement Agency (NDLEA) in 1995 and given a clean bill of health.
It bears recalling that after the NDLEA absolved him of any crime, Capt Hosa instituted legal proceedings against the agency at the Miscellaneous Offences Tribunal, Lagos, where it was established that the prosecution had not made a prima facie case against him that would warrant the tribunal to ask him to defend himself.
Thus, Hon. Justice Tijani Abdullahi, who presided over the tribunal, discharged and acquitted him on a ‘no case’ submission. It was this case that Zibiri referenced and caused to be widely published and syndicated. The article was one of many calculated attempts to bring Capt Hosa into disrepute.
Although Captain Hosa fought back, got Zibiri arrested and the young man, who realised his mistakes, openly apologised. For a man with a large heart, Captain Hosa forgave him and brought him like a son. Zibiri had since written a few articles, doting over the manner of man that Captain Hosa is.
In an open letter to President Muhammadu Buhari and the people of Edo, Capt Hosa stated bluntly: “This spate of coordinated attacks, with their attendant mode of vicious execution, can best be described as the unconscionable actions by attack dogs and hirelings of the desperate Edo State Government on the watch of Governor Godwin Obaseki.”
According to him, as a good-hearted Edo son, he did not deserve the embarrassing treatment even as his pedigree will never let him to deliberately concoct any wrong against his state and Obaseki.
“I am, however, shocked, bewildered and pained to observe that despite my very sincere, robust and stated commitment to support the anticipated pace of infrastructure development, progress and other social investment initiatives through the deployment of my modest goodwill and network of capital, for which I am eternally grateful to God, alas, the response has been to paint my person with a brush of public odium that verges on mischief.”
Well, the die is cast now. The skunk at the garden party in Edo State will be marched out in September. But the honour, respect and reputation that Captain Hosa had built over the years remain immutable, no matter the antics of detractors. What more, Okunbo is set to be honoured soon on September 11 for the Best of Africa awards, a few days to the governorship election. You can now understand why he remains the ace in Edo’s hole.
– Taminu lives and works in Abuja, the nation’s capital
September 11, 2020 will mark an auspicious day for the Chairman/CEO of Ocean Marine Solutions Ltd, Captain Dr. Idahosa Wells Okunbo. He will be honored alongside prominent African business leaders such as: Dr Adeduntan Adesola, Managing Director First Bank Plc and founder and executive chairman of Online Integrated Solutions Ltd, Mahmood Ahmadu, for the Forbes Best of Africa awards.
Captain (Dr.) Idahosa Wells Okunbo, JP is a Nigerian business magnate, philanthropist and investor. Idahosa Wells Okunbo began his career as a professional commercial pilot. “Captain Hosa”, at 30 years of age he left his job as a pilot to go into business in the oil and gas sector focusing on procurement as an area of core competence.
Today, the broad range of his business portfolio spans Marine Security, Marine Logistics, Property and Real Estate, Hotel and Hospitality, Aviation, Entertainment, Energy, Power, Telecoms and Agriculture.
Okunbo has made contributions to charitable causes all over the world and is the recipient of numerous awards and accolades.
The Chartered Institute of Bankers of Nigeria (CIBN) yesterday official presented Certificates of Accreditation to Heritage Bank Plc Academy known as “The Refinery” and the Central Bank of Nigeria (CBN) Learning Centre.
The Institute via a Zoom virtual platform also accredited more 25 Educational Training Service Providers (ETSP), which is in accordance with its role as the Accreditation Agency for the implementation of the Competency Framework released, as part of the strategy to redirect the banking industry towards the path of entrenching a sequenced competency development programme and build capacity for the stability of the financial system.
The Institutions include Crown Agent UK; B. Adedipe Associates Limited; Chartered Institute for Securities and Investments (CISI), United Kingdom; The Nigerian Stock Exchange X Academy; Mactay Consulting Limited; Knowledge Beyond Limited; Brideswell Consulting Limited; Ultravantage Solutions ; EdgeEcution Global Resources Limited and Katalyst Consulting.
Others are: Michael Stevens Consulting; NLP Nigeria Limited; Procept Associates Professional Services Limited; Don Mitchell & Co Limited; Bode Zakari Management Consultants; Success for ALL Limited; Edcof Educational Services Limited and Kloverharris Limited.
The Refinery supervised by the Bank’s Human Capital Management Group was accredited by CIBN after assessing and evaluating its syllabus, curriculum and structure by panel of technocrats and seasoned bankers set up by the Institute, which according to the chartered institute aligns with the Competency Framework of the Central Bank of Nigeria (CBN) and the professional paper standard of CIBN.
Speaking during the presentation, the CIBN President, Bayo Olugbemi said the event marks yet another significant milestone in the annals of the Institute and our continuing quest for the strengthening of the intellectual resources and capabilities of the human capital in the banking and finance industry. He stressed that apart from efforts towards addressing competency challenges, thereby enthroning a minimum standard for practitioners in the banking industry.
He applauded Heritage Bank for setting a high standard of learning facility which its structure and curriculum “is next to that of CBN’s training institute,” whilst stressing that the bank’s training school is the best in Nigerian banking industry and at par with international best standard.
He equally informed the gathering that the Certificates of Accreditation presented to Two (2) Bank Academies and Twenty-Six (26) ETSPs bringing the total number of institutions under the Programme to Nineteen (19) Bank Academies; Seventy-Five (75) Educational Training Service Providers; Sixty-Nine (69) Solicited Accreditation; Six (6) Unsolicited Accreditation.
Ifie Sekibo, the MD/CEO of the bank, has described Heritage Bank as a forward looking business whose strength lies in the ability to spot and mould talents into great professionals.
Sekibo, represented by the Executive Director, Jude Monye explained that the word “The Refinery” was chosen for the purpose of refining its employees to emerge as gold and harness the required skills to excel in their job functions.
He noted that the Refinery was established to train, nurture and arm young employees with the right skills needed to fast-track development and enable teams to flourish.
“Just as the word Refinery connotes, the Heritage Bank Plc Refinery is a Facility where crude talents or abilities are converted or ‘refined’ into ‘finished’ jewels for optimal performance.
“The training program is designed to take each participant on an enriching, rigorous and intellectually engaging learning journey to equip them with the fundamental competencies required of a professional banker. The Curriculums are structured to accommodate both Core and Non-Core Banking competencies such as finance, credit and accounting, organizational and behavioral competencies to mention a few”, Sekibo stated.
Meanwhile, about 300 employees who are fresh from universities across and outside the country with diverse academic backgrounds and impressive academic records underwent rigorous training in an intensive 12-week academic (practical and theoretical) programme with over 30 courses in Port Harcourt.
The Refinery is a tailored learning experience Institute with the perfect blend of technologies, techniques and methodologies to optimise training experiences, which will help employees, succeed in ensuring that the bank’s business stays ahead of the curve with the banking sector along with Heritage Bank’s target goals.
The Edo State Chapter of the All Progressives Congress has called on the Nigeria Police Force to immediately arrest and prosecute Mr. Kabiru Adjoto and Osaigbovo Iyoha, both of whom are senior aides of Governor Godwin Obaseki, over their alleged involvement in the hiring of armed thugs in the invasion of the Edo Assembly complex earlier this month.
At least seven thugs were arrested within the Edo Assembly Complex on the 6th of August when the embattled Edo Governor, alongside his Deputy, Mr. Philip Shaibu, led hoodlums and other party supporters to block and vandalize the Assembly complex in a bid to deny entry to majority seventeen elected members.
The arrested thugs, who were brought before a Judge at the Benin High Court on Monday, were caught with five double-barrel long guns, two single barrel long guns, and 10 live cartridges and have reportedly confessed during interrogation that they were hired and provided the illegal firearms by Mr. Kabiru Adjoto and Mr. Osaigbovo Iyoha.
At a press briefing on Tuesday, Col. David Imuse, the Edo APC Chairman, charged the Police to commence an immediate investigation of the involvement of the identified aides of Governor Godwin Obaseki who, according to him, have no constitutional immunity and are thus liable to arrest and prosecution.
He also tasked the Police to resist an alleged attempt by the Edo State Government to unlawfully release the seven suspects standing trial for unlawful possession of firearm and disturbance of public peace.
He said: “The police must wake up to its responsibilities. These two people mentioned are not immune and should be arrested and investigated.”
“It is very disturbing that a government that ought to protect its citizens is encouraging criminals to unleash mayhem on Edo people.”
“We find this development very disturbing and we are charging the Police to carry out a comprehensive investigation on the established ties and nexus between the criminal group, members of the Edo State Government, and illegal purchase and distribution of firearms.”
“It goes without saying that the case, wherein the suspects have already allegedly confessed their ties to the Edo State Government, further affirms our outcry on the illegal arms buildup carried out by Governor Godwin Obaseki and his Deputy, Mr. Philip Shaibu, through a retired Police officer from Kogi State, Mr. Aruna Yusuf, who continues to act with impunity.”
Mr. Osaigbovo Iyoha and Kabiru Adjoto have been trailed by several reports and accusations of involvement in violence and illegal ties to cult groups. Back in 2017, Kabiru Adjoto, as a member of the Edo Assembly, led a similar invasion of the Chamber when he attacked the then Speaker, Hon. Justin Okonoboh, and triggered a violent fisticuff which made the rounds on the internet and drew widespread condemnation.
It is trite to say job creation is crucial for a healthy economy to fire growth and improve the lives of the citizenry. And since the importance of creating jobs is to ensure a stable and progressive society, the electorate and the general public are always keen to know what an intending public office holder/seeker has in stock for them in terms of jobs/employment creation. Therefore, as September 19 approaches, Edo State is also not left out of that consideration.
The level of enlightenment among voters in Edo State ahead the coming governorship election has increased significantly. People are more interested in who governs them and what benefits are available through the various choices as revealed in their manifestoes.
This is where the Edo State All Progressives Congress (APC) governorship candidate, Pastor Osagie Ize-Iyamu and his handlers appear, to be ahead of their main rival, incumbent Governor Godwin Obaseki. They must have learnt this all-important fact, because his contract with the people, simplified as the ‘SIMPLE Agenda’, which has long been presented to the public, clearly indicates his readiness to tackle the menace of unemployment head-on.
Manifestoes are the ideas or plans of what a candidate projects to do to address societal problems and the SIMPLE Agenda presented by the APC candidate in Edo State comes as one, which understands the problem of shortage of gainful employment, the right measures for its alleviation and possible eradication.
One way to generate employment is to create enterprises that are self-sustainable. Corporations and governments must be innovative as they seek to solve the hydra-headed problem of unemployment. Reasonable government will achieve so much in doing this with corporate engagements that can justify investment and ensure returns on investment.
Though governments like that of Edo State are different from other conventional profit-oriented entities, and this seems to have prompted the approach that Mr. Ize-Iyamu and the Edo APC have adopted in their blueprint on how to move the state forward in respect of employment generation.
The SIMPLE Agenda reveals that, Mr Ize-Iyamu, when elected governor would embark on the maximisation of every government engagements towards creation of gainful employment for the Edo people. In other words, governments will generate jobs from every programme, project and activity in each of the 18 local government areas of the state.
The “SIMPLE AGENDA”, an acronym for SECURITY, INFRASTRUCTURAL development, MANPOWER development, PUBLIC PRIVATE PARTNERSHIP, LEADERSHIP and EMPLOYMENT creation, is an action plan with the potential to transform lives of the people if followed to the letters.
Ize-Iyamu promises over 75, 000 direct and indirect job opportunities in a well-calculated projection based on job creation through policies and programmes enumerated in his SIMPLE agenda within a period of fours years.
As revealed in the document, every government undertaking aimed at generating revenue would also provide opportunity of gainful employment to the teeming masses, and as well, solve socio-economic problems of the people.
Every policy will serve the dual purpose of wealth creation and economic empowerment and amelioration of the sufferings of the masses.
Not only that jobs will be created in sectors such as education, agriculture and rural development, housing, electrification, fire service, industrialisation, waste management system, employment creation and social empowerment as well as water supply; the promise of the sustenance of existing jobs contained in his manifesto have endeared Ize-Iyamu the more to the electorate.
Government retrenching or downsizing the workforce would no longer be acceptable to the people. They desire a government that would guarantee existing ones and as well create more jobs.
The highest point for the majority observer is the well thought-out Public Private Partnership (PPP) scheme through, which the administration will seek counterparting with stakeholders, banks and financial institutions to resuscitate the moribund state-owned industries.
He listed a few of them to include the fertilizer plant, Auchi; Cassavita industry, Uromi; Ava cement factory, Akoko-Edo; fruit juice factory, Ehor; Bendel Brewery, Benin City and Ewu flour mill, among others.
In this, financial institutions, industrialists, Chambers of Commerce, the Manufacturers Association of Nigeria (MAN) and other stakeholders will partner the government on resuscitation of failed and failing industries – all in a bid to generate revenue, create employment opportunities and by extension, improve upon the lives of the citizens.
This is undoubtedly a great way to improve on people’s lives. Industrial clusters in the three senatorial districts namely Edo South, Central and North. Each of the senatorial districts will directly mop up at least 10,000 able-bodied men from the streets in direct engagement.
This means at least 30,000 employment opportunities for the Edo people. Edo State is reputed to having 21 per cent unemployment rate as at 2019 and this means that out of about 600,000 job seekers in the state, not less than 30,000 will be gainfully engaged through the Public Private Participation to revamp government-owned ailing industries alone.
The SIMPLE agenda recognises the importance of education and provision of power supply to the continued sustenance of national livelihood and is set to give this proper attention to guarantee a living economy. The agenda will characteristically preserve existing jobs, as well as create additional opportunities.
Any policy with the capacity to create 2000 direct jobs in the electricity-dependent industries and additional 1000 small scale businesses to be aided by the government among rural dwellers is a good bargain for the Edo electorate. 1000 newly found businesses will in turn create at least 2000 direct and indirect job spaces.
In the area of water supply, the document promises to make shortage a thing of the past as existing jobs will be safeguarded while an additional 10,000 construction-related employment opportunities will be created, while the government seeks heavy investments in the sector.
The SIMPLE agenda is clearly a product of many experiences of Pastor Ize-Iyamu after many years in the service of the Edo people in different capacities since 1999.
As a former Chief of Staff and later Secretary to the Edo State Government, he would certainly bring his wealth of experience and knowledge in the various sectors of the state’s economy to bear.
From Education to waste management, the APC manifesto for Edo State will generate more wealth than any past government. The government will partner the private sector to provide a better living standard for the populace in a counterpart arrangement that would also create sustainable employment from emerging corporations while generating the needed revenue for the government.
First Bank of Nigeria Limited today, announced its lead sponsorship of the TV reality musical talent show, The Voice Nigeria, Season 3.
The talent show which is organised by UN1TY Nigeria is created to discover, nurture and bring to the fore musical talents amongst the next generation of Nigerian youth.
The Voice Nigeria will be produced for the first time in Nigeria and will be aired on DSTV channel (Africa Magic) Startimes and terrestrial TV channel (AIT), amongst other leading television stations in the outside the country. Nigerians can expect to see the very best talents on stage in the course of the competition.
The musical talent hunt show would start with blind auditions to be submitted upon being shortlisted after a successful registration, then battle auditions which then move out of the rooms and straight into the arenas, with hopefuls having to perform in front of an arena audience from the start in the hope of making it through to the next stage.
The Voice Nigeria will be hosted by Nancy Isime, Toke Makinwa and the coaches are Dare Art Alade, Folarin Falana (aka Falz), Yemi Alade and Aituaje Iruobe (aka Waje).
Interested participants are to register via the link www.thevoicenigeria.com with their FirstBank account number as a requirement. Should one not have an account with the Bank, then dial the Bank’s USSD code, *894*0# to be a FirstBank account holder. The audition is open to individuals within the age of 18 -50 years who are have been residing in Nigeria for 12 consecutive months. The registration for audition is open from 25 August – 19 September 2020.
There are numerous awesome prizes up for grabs. The winner of the show will be go home with whooping ten million naira cash; a brand new car and an exciting one-year recording contract reward with Universal Music.
Speaking on the talent hunt show, Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications, FirstBank, said “we are delighted to be the lead sponsor of The Voice Nigeria, this partnership is hinged on our Brand’s passion to empower and invest in our youths. FirstBank has given voice to the young and indeed all Nigerians for the past 126 years, and will continue to give voice to Nigerians by creating employment, economic empowerment in the country through our products, services and initiatives. We remain committed to strengthening the creative industry which is fast growing into a multibillion-dollar business, with potential to be a leading contributor to Nigeria’s GDP in the near future.”
We commend UN1TY Nigeria for The Voice Nigeria as our sponsorship is in recognition of the vast talents Nigeria is blessed with which we are delighted to promote, thereby having a positive impact the Nigerian entertainment industry. We enjoin everyone to follow our social media channels for more details on the programme, whilst also staying locked on their TV screen. More details would be provided in the course of the weeks through our social media channels.
“The show promises to be engaging, full of surprises and with fun-filled excitement to our viewers” he concluded.
According to research disclosed in PWC’s recent Entertainment & Media Outlook report, Nigeria’s entertainment is expected to rise from $4.46 billion in 2018 to a $10.5 billion market by the end of 2023. In addition, with this initiative and other sponsored event targeted at the youth, the premier Bank in Nigeria, FirstBank, is committed to strengthening its contribution to the development of the entertainment industry in the country.
The Speaker of the Lagos State House of Assembly, Rt. Hon. (Dr.) Mudashiru Obasa, has urged leaders of the All Progressives Congress (APC) in Lagos to continue to maintain unity within the party.
According to Obasa, only through unity can the party sustain its leading roles and victories in elections in the state and Nigeria.
Speaking when he received APC chairmen in all the 57 local government and council development areas of the state at the Assembly complex in Lagos, Obasa, who is also the chairman of the Conference of Speakers of State Legislatures in Nigeria, appealed to the politicians to always maintain cordial relationships, work in the interest of the party and avoid deviation as a result of the quest for personal gains.
Speaking on behalf of the visiting party chairmen, Prince Abiodun Abu, commended the Speaker for the audience and for constantly thinking of the best ways to help the state progress.
Abu noted that the APC chairmen would be happier if they are given more roles to play in the development of the state, which, they agreed, had become of enviable standards as a result of the activities of the House of Assembly as well and its unity with the executive arm of government.
In his response, Speaker Obasa said the party, its elected and appointed officials are aware of the sacrifice the chairmen have made over time for the success of the APC.
While promising that the House would work with the executive arm on the requests made by the party chairmen, Obasa reminded the visiting chieftains that the Lagos State operates in line with legal and constitutional provisions which should also be looked at.
Lawmakers who were at the meeting include the Deputy Speaker of the House, Hon. Wasiu Sanni-Eshinloku, Honourables Temitope Adewale, Sylvester Ogunkelu, Kehinde Joseph, and Sanni Okanlanwo were also at the meeting.
September 11, 2020 will mark an auspicious day for Dr. Adesola Adeduntan, as he will be honored alongside prominent African business leaders such as: CEO of Ocean Marine Security Ltd, Idahosa Wells Okunbo; and founder and executive chairman of Online Integrated Solutions Ltd, Mahmood Ahmadu, for the Forbes Best of Africa awards.
Dr. Adesola Kazeem Adeduntan is the managing director/chief executive officer of First Bank of Nigeria Limited, a visionary leader and an achiever to be reckoned with in the financial services sector, who earlier in the year bagged the much-coveted and celebrated Cranfield University School of Management Distinguished Alumnus of the year Award.
A veteran in the banking world and a veterinary doctor by training, Adeduntan believes strongly in the importance of doing well by doing good. In March 2020, he spoke at the Edinburgh School of Business about financial institutions’ role as drivers of financial inclusion. In his leadership role at First Bank of Nigeria Limited (FirstBank), Adeduntan is part of a 126-year legacy of sustained development-oriented services.
Also, in a recent media intelligence report presented by P+ Measurement Services, Adesola Adeduntan topped the list of most prominent and reputable Nigerian banking CEOs in Q2 2020.
The virtual event which will be held in conjunction with Foreign Investment Network (FIN) will be an online roundtable discussion to be supported by the World Philanthropy Network will feature former Nigerian President, Olusegun Obasanjo, presenting a keynote address.
As the appointed day for the Edo people to choose their preferred governor for the next four years approaches, politicians from various camps and parties are bracing up, leaving no stone unturned to ensure victory for their candidates, apprehensions are rife and political anxiety are shored up among residents and observers alike.
Drumbeats and counter-drumbeats of war could be heard at deafening volumes. The closer the election date, the more ingenious some of the political camps have become in their bid to outwit one another.
There is no doubt that the forthcoming Edo governorship election fits as a prototype for the 2023 general election, largely as the real battle for “Osadebe House” remains squarely between the duo of incumbent Governor Godwin Obaseki of the Peoples Democratic Party (PDP) and Pastor Odigie Ize-Iyamu of the All Progressives Congress (APC).
Both the APC and PDP have worked tirelessly to ensure that enough friends are made and are converted to loyal voters for the September 19 poll.
Politics anywhere in the world is a number’s game and the numbers have to be accumulated. Both Obaseki and Ize-Iyamu have been traversing the length and breadth of the state – from Edo South to Edo Central, not leaving out the much-coveted Edo North senatorial electorate – all in the bid to shop for friends, who would be converted into favourable voters.
Though usually the outcome of any election involving an incumbent office holder, particularly in Nigeria has almost always been predictable, because they usually sway every state apparatus, including the security agents and even electoral umpires to their advantage, usually in a manner that makes mockery of democracy.
Apart from squandering state funds illegally on an election, which usually is their (the politicians) selfish pursuit, it has also become a wise tactic for politicians to woo voters and political influencers with posts, appointments, contracts and other patronages. The power of incumbency is usually arrogated to the advantage of the incumbent.
However, the incumbent in the Edo election, Governor Obaseki has been in the thick of one storm or the other since the warm-up began for the forthcoming polls. He has had a seemingly endless battle of supremacy against his immediate predecessor and benefactor, Comrade Adams Aliyu Oshiomole. But the former APC national chairman is just one out of the many hurdles awaiting Mr. Obaseki in his bid to have a second term as a governor.
That the political combat for the control of APC in Edo State between Oshiomole and Obaseki ripped Oshiomhole of his APC chairmanship garb is no longer news, but the laurel won by the governor against his former boss, who many believe is neither down nor dead, will be a major albatross for him.
The former governor is surely not relenting in his bid to assert himself, not only in Edo State but also at the national level, where the governor collaborated with some anti-Oshiohmole forces to edge him out of office and he is enjoying the support of many well-meaning Edo indigenes, most of who advised the governor to toe the path of peace without success.
Not a few Edo State indigenes and non-indigenes were displeased with the governor over the roles he played in Oshiohmole’s ouster as the APC National Chairman and now is apparently a time he would be paid back in his own coins.
A major drawback of the Edo governor is his inability to apply enough Emotional Intelligence (EI) and power of retrogressive thinking. These have to do with the way people weigh their weaknesses and strengths.
Obaseiki naively elevated individual brilliance above emotional intelligence, leading to his failure to articulate the pros and cons of his actions. Whereas, in management, emotional intelligence is 70 per cent of application while individual brilliance is only 30 per cent. Thus, successful leaderships across the world in history have thrived on this fact.
The governor didn’t consider the feelings of other Edo APC members, when he turned external forces against a man believed to have over pampered the people during his eight years rule as governor. He fought his predecessor, a considered (single) enemy and in the process, offended a greater number of the Edo people.
A man, who could not differentiate between his strengths and weaknesses, is not fit to lead a people or else he would lead to needless crisis. In additional, he lacks emotional maturity.
No wonder Oshiomole is taking to his knees in apology for introducing an “impostor” and an alleged “forger” to the people in 2016. He likened the governor to “a man with the propensity of running a one-man show in a democracy.”
The informed Edo people believe that Governor Obaseki placed personal interest above the common good of the Edo people, especially, those of the APC as he joined forces with perceived enemies to oust a man considered the only voice Edo State could boast of in terms of representation at the national level. He played the spoiler, who cares less for others and so selfishly stirred up the dirt at the bottom of the well after fetching enough water for himself, supposedly.
For this reason, the Edo people are crossed with their governor and he would only measure the impact of his misdemeanor after the election. He was simply shortsighted and parochial, when he joined alien forces to oust Oshiomole.
Oshiomole already played the party supremacy card. The next line of action will be to deploy his political sagacity and his clique of friends within and outside the state to prevent his political mortification as schemed by Obaseki. Oshiomole will play this game with and for his pride. This is more so, because he has a lot of people that matter on his side.
Added to that is the fact that the APC leadership will also advance all available political machineries for their victory in the Edo election.
President Muhammadu Buhari, Asiwaju Bola Tinubu, Oshiomhole and an array of APC leaders at the national level are all in one accord in their quest to retain Edo for APC. It will go down in the records as the dirtiest political walloping on them (the APC hierarchy) if Obaseki succeeds in deposing Oshiomole as chairman, as is widely believed, and then wins the governorship election for PDP.
The APC for who they are, are under immense pressure to win the election – Edo being the only APC state in the South-south. Pride is at stake. Another factor that might impede Governor Obaseki, which is another clear indication of his poor emotional intelligence, is the issue of the 14 non-commissioned house members, who were sidelined on his instructions.
Edo State House of Assembly has been operated by just 10 out of 24 elected members. The 10 members favoured by Obaseki were inaugurated at an “odd hours” on June 17, 2019, and his agents have prevented the others from serving their people ever since.
In a recent letter to the Attorney General of the Federation, Mr. Abubakar Malami (SAN) and signed by their counsel, Dr. Ehiogie West-Idahosa of West Idahosa & Co., the disenfranchised representatives of the people, now 17, including three out of the ten inaugurated since last year, who have all pledged support for Pastor Osagie Ize-Iyamu, candidate of the APC, they urged the AGF to use his good offices to arrest the desecration of democracy in Edo State.
In the letter with the reference number WIC/AB/W2/1024/20 the aggrieved lawmakers, also loyal to Oshiomhole, said: “Contrary to the standard practice of inaugurating the House with possibly all members present, the governor, on June 17, 2019, chose to inaugurate the House at odd hours with only about nine members in attendance”. They revealed further that the governor has frustrated every entreaty to have their inauguration effected.
The partial inauguration of Edo legislative house, according to the lawmakers, underlined the disequilibrium in the political stability of the state and the resultant insecurity that had characterised the state. This, they explained, has shut about 60 per cent of the Edo people out of the scheme of things, denying them the benefits of constituency projects, employment, judicious allocation of resources and other dividends of democracy.
This is also believed to have snowballed into a general lull in the economic activation of those people and places, increased crime rate and the palpable tension generated by the unbecoming violent clashes of the pro-Obaseki lawmakers and the already agitated uncommissioned faction believed to be loyal to former governor and deposed national chairman of the APC.
In the protest letter, signed by West-Idahosa, the principal partner, and titled, ‘Urgent and nationalistic appeal to intervene in the restoration of constitutional democracy in Edo State of Nigeria’, dated August 3, 2020, the lawmakers said; “Since then, the Assembly has been run by nine members for no justifiable reason whatsoever. By failing to inaugurate about 14 members-elect of the House, there is a huge social and political disequilibrium in the state.”
The greatest challenge for Obaseki at the polls will be the over 60 per cent of the total Edo State constituents, who have been denied representation on the floor of the house. It implies that the 17 house members and their teeming supporters will work against the governor at the polls. How he intends to convert this larger and aggrieved populace, mostly in APC dominated zones, into supporters and voters remains to be seen.
Again, he has lost the grassroots and no one wins any election with this kind of posturing, more so, the likes of Captain Idahosa Wells Okunbo, whom he turned to an enemy overnight is loved by many people in the grassroots and worst still, his challenger, Ize-Iyamu, is a well-known grassroots politician.
The infraction of partial inauguration of the house poses serious wide reaching criminal implications for the present Edo State Government. For instance, the state has operated on a budget of about N179billion for the 2020 fiscal year, purportedly passed by the same decimated House of Assembly. Now, if as much as 60 per cent were denied their rightful commissioning by Governor Obaseki, which means they were hindered from performing their legislative duties, and by extension over sixty per-cent of Edo people were denied their constitutionally guaranteed right to be represented in a democracy, one can one safely say, and be right, that Governor Obaseki is operating an unlawful budget.
Recall that Justice J. O. Ogebe of Oyo State Appeal Court in a ruling on December 1, 2006, had declared the impeachment of former Oyo State governor, Senator Rasheed Adewolu Ladoja, illegal, null and void, partly because the house did not muster the required majority vote for any bill to become a law.
Only 18 out of the stipulated 22, which should be the stipulated majority in a 33-member house declared the then governor impeached and installed his erstwhile deputy, Adebayo Alao Akala, as governor. Keen observers are also looking forward to the legally minded to interpret the law and proffer clarifications as to the legality or otherwise of operating a budget that fell short of constitutional requirements.
Whether a budget, which demands a majority vote by house members, but passed into law by only the House Speaker and a few other lawmakers, who are less than the legally defined simple majority is a workable legal document or not will be decided by the Nigerian judiciary. But before then, the electorate in the September 19 election, are most likely to pass unfavorable judgment on the outgoing administration.
This is because to an average informed Edo person, Obaseki committed an impious crime and ought to be impeached. Every Kobo he has spent from the illegal budget is a crime and punishable under the law. Another oddity that will work against Obaseki is the demographic distribution of Edo State.
Both Obaseki and Ize-Iyamu are from Edo South senatorial district. It is however instructive to repeat that the challenger is a respected grassroots politician, loved by his kith and kin. Their love for him has always been demonstrated during elections even when he was not in the central ruling party. For instance, neither Obaseki nor any other politician stand any chance to win against Ize-Iyamu in any election as far as the senatorial district is concerned.
He has always won and will win the upcoming elections if history and statistics could be valid indices of accurate forecast. Ize-Iyamu is a politician with strong personal political structures on ground, from the pre-APC days, when he founded the Grace Group, a structure that successfully midwifed the ACN and later APC. Ize-Iyamu is a man respected and loved by the who-is-who in Edo politics.
Unlike the incumbent, who relies on syndicated votes from other regions chiefly Edo north, where he rode on the Oshiomole factor to the government house, presently, Ize-Iyamu and Oshiomole are in the same camp against Godwin Obaseki. And boosting the rating of their camp is the fact that nearly all the notable politicians in the state, have now signed up for the Ize-Iyamu ambition.
The APC candidate will naturally carry the day in Oshiomole’s North senatorial district. The combination of a split victory from Edo North and Central senatorial districts coupled with an assured maximum vote from the South will see Ize-Iyamu coasting to a landslide victory in the upcoming elections.
Though the Central senatorial district, for the consideration of 2024 is likely to support incumbent Obaseki, simply because standing with the governor and ensuring his victory might see the baton of leadership switching in their direction come 2024. But votes from this district are the least among the three divisions in the state.
Worst still, the consideration they might have for Obaseki could as well be overwhelmed by the strong ties between Ize-Iyamu and major politicians in this region.
Ize-Iyamu has been a friend of the influential Igbinedion family since the 80s, during the Zero Party. He was an assistant to Lucky Igbinedion as a local government chairman and became the Chief of Staff when Lucky became governor, before eventually making him the Secretary to the State Government. All these factors have definitely propelled the unusual crowd and personalities seen during each of his campaigns.
For instance, when he took his campaign to Edo Central, apart from his running mate, Mallam Gani Audu and Comrade Adams Oshiomhole, the Federal Commissioner representing Edo in the Federal Character Commission (FCC), Mr. Henry Idahagbon, the Edo Central Campaign Director-general and two-time member, Federal House of Representatives, Mr Patrick Ikhariale, two-time former Commissioner, Chief Frank Okafi Erewele, the strong man of Edo Central politics, Chief Francis Inegbeneki, former Civil Commissioner, Ken Ihensekhien, Mr Abu Momodu among others were present to lend their support.
In Edo North, the list is inexhaustible with personalities like former Deputy Governor, Rev. Peter Obadan; Senator representing Edo North Senatorial District, Senator Francis Alimikhena, the member representing Akoko-Edo Federal Constituency in the House of Representatives. These and many more political heavyweights appear to have deserted Obaseki for an old friend and ally, Ize-Iyamu.
Knowing full well that the crowds seen at political rallies may not be the true representation of the peoples’ love for a contestant, the calibre of politicians, who have signified their disapproval of Obaseki’s re-election is a better pointer to the fact that he has been roundly rejected by his people, and as such, cannot and will not win the September 19 governorship election in Edo State.