Connect with us


Agenda for President Muhammadu Buhari



President Muhammadu Buhari

History will be made in Africa’s most populous nation, and the country with the continent’s largest economy today when President Muhammadu Buhari is sworn in as the 16th President of the Federal Republic of Nigeria. Buhari is on course to equaling the record of former Nigerian leader, Chief Olusegun Obasanjo, who served as a military head of state, and was sworn in the second time as civilian leader of the country.

For Nigerians as a whole, they will have much to celebrate as the inauguration, and that of the National Assembly in a couple of days will mark 20 years of interrupted democracy in the continent’ most populous nation.

Nigerians eager to effect a change from the increasing security threat posed by Boko Haram Insurgency, corruption in high places voted for a change of governance in 2015.

Almost at the same venue where he will be inaugurated four years ago, at the Eagle Square in Abuja, President Buhari’s coming to power marked the first time an opposition party would prevail over a ruling party in Nigeria promised the nation three key areas that will form the cornerstone of his administration: security, especially in tackling insurgency; economy and tackling one of the nation’s most dreaded vices: corruption. After four years of his administration, and towards the expiration of his first tenure, Nigeria’s went to the polls on February 27 in what later turned out to be one of the most hotly contested and disputed elections in the history of  the country.

Nigerians voters   were divided over renewing Buhari’s mandate, or to opt for his main challenger, Alhaji Atiku Abubakar. The perceived poor leadership style of Buhari cost him significant number of voters, even in his traditional stronghold of the North West, North East and South West where his main challenger, Atiku Abubakar made incursions. His critics, especially the opposition took the APC-led administration to task, of doing little even in the key areas of their promises to the nation.

The PDP in particular maintained that the security situation has deteriorated under the present administration with herders-farmers’ crises, especially in the food chain of the country which consists of states like Benue, Taraba, Adamaw, Kogi, Adamawa ravaged by Fulani herders who always, armed with sophisticated weapons, killing and maiming hapless farmers. The crises left thousands of Nigerians killed, while crops and animals worth billions of Naira were destroyed.

They also pointed out that because of the government’s poor economic management 87, million Nigerians have been rendered extremely poor, and today Nigeria has infamously assumed the status of the poverty capital of the world, displaying India which has a population of more than one billion, compared to Nigeria’s mere 150 million.   

His government was criticized for not doing much on security especially in the wake of growing rate of banditry in the north, kidnapping, robbery, etc.

 All  said and done, Buhari’s greatest challenge, especiall as he mounts the saddle of leadership for his second term in office is the economy whose  picture does not look promising enough. Even the Central Bank warned not long ago that the nation’s economy risks going into recession.

Undoubtedly, Buhari inherited one of Africa’s most buoyant economies in 2015 before it slid into recession shortly after, recording negative growth and stagnation for more than one year. Nevertheless, it is to the credit of his administration that the country was steered out of recession.

However, Nigeria, one of the world’s most promising economies had struggled with trepid growth under Buahari. It a sad commentary that unemployment rate has more than doubled while more people have been driven into extreme poverty, especially in his tenure.

But to the government’s credit, it has done a lot in food production, especially with the introduction of Anchor Borrower’s scheme of the Central Bank of Nigeria. As a result, Nigeria is making great progress in food production especially in the production of rice, beans, maize millet, sorghum, tomatoes, etc.

There has also been remarkable progress in power generation, electricity supply and other core areas of development like railways and road construction.

DAILY ASSET expects the government to sustain these initiatives, especially the programme to ensure food self –sufficiency for the nation in the next few years. There are also high expectations in some quarters that the economy will be brought back on track in the next few years, especially with the efforts being made to win investors’ confidence with improvement in the ease of doing business climate.

It is noteworthy that investors in particular remain keen on backing the government ‘s Economic Recovery and Growth Plan[ERGP], an improved business climate. Experts have maintained that Buhari needs to carry out reforms in the exchange rate mechanism, improve budgetary implementation to propel the economy to grow to expectations.  

However, one of the greatest problems facing the new administration, and why most Nigerians are skeptical of President Buhari  achieving is  his failure to show broad-mindedness ,accommodation, and statesmanship especially in his appointments and conduct of state affairs generally.

While his key appointments including those in charge of defence and strategic establishments are skewed in favour of the far North and a particular religion, and ostracizing other Nigerians from outside his enclave, he is aggravating his narrow prism in the conduct of state matters to his Fulani ethnic stock.

President Buhari has unfortunately degenerated into a leader, who defines Nigeria by serving and promoting the Fulani interests above every other interest.

A few weeks back, the Meyetti Allah which he was a patron was in the front burner of allegations of plans by the Buhari-led government to pay them  billions of Naira  to enable their  members maintain the security of the nation, especially that of the North.

The idea to put it mildly was in a bad taste, and against the collective interest of the nation and underscores  how  the President   can wittingly or unwittingly  sacrifice the   national interest, including the nation’s security  for his parochial interest. With the controversy of the plan to make billions of Naira of  tax payers’ money available to his ethnic group,  who are seen more as militia behind the herders’ atrocities , especially in the Middle Belt Region of the country, came the controversial Fulani Radio Station, to be established and funded by the Federal Government. This to DAILY ASSET is ludicrous and unacceptable and condemnable,

Even if Buhari wants to improve the of of his people, he should do so within the structures and constitutional framework. Never in the history of governance of this nation, has a leader so identified with his people and even religion without regard to others’ feelings, interest and sensibilities than has Buhari done and continues to do for his tribesmen.

For those who had reservations because of his low performance in his first tenure, his Fulanisation of his government, apologies to Chief Obasanjo, will see more Nigerians losing faith in his administration to make this nation a better place for all Nigerians in his second tenure.

Buhari still has more time to retrace his step and go the path of his predecessors who served this country with sense of patriotism and purpose or go down as one that came only came to serve and promote his ethnic group alone, rather than the entire nation that gave him their collective mandate.


Oloyede: Accolades to Unconventional Public Servant




Akin to an eagle-eyed combat pilot on a reconnaissance mission – making his flight preparations, loading the right ammunition and aiming at his target without missing, so was Prof. Is’haq Olarewaju Oloyede, when he arrived the headquarters of the Joint Admissions and Matriculation Board (JAMB), upon his appointment in 2016.

In the first few months of his assumption of office, activities pervaded to the lowest ebb at the JAMB headquarters.

Like a fighter pilot on a rescue mission, Oloyede embarked on a discreet but holistic audit of the board. He was simply planning how to navigate his flight in order to hit his target, without missing.

While in the closet planning, there was a shift in the timetable date of the Unified Tertiary Matriculation Examination (UMTE) for that year and tongues went wagging, mostly from staffers of the board that the newly appointed Professor of Islamic Studies and “controversial” former Vice Chancellor, University of Ilorin, was totally confused and clueless about the demands of the office and the direction to take the examination body.

After the audit, Oloyede gathered enough information and momentum. He then released his mission and vision for the examination body, chief of which was to reposition the board technologically to eliminate all forms of examination malpractices and timely release of results to candidates – three days of sitting for the examination.

Those pronouncements were followed with wide ranging reforms, including unraveling of mind blowing malfeasance of corruption involving several workers of the board. For instance, a staff of the board in Benue State was involved in massive fraud of stealing millions of naira from the sale of examination scratch cards which she claimed was swallowed by “a snake” from the office save.

In Nasarawa State, the staff of the board who was also caught in fraudulent financial malfeasance claimed his car was burnt along Abuja-Lafia road with all the examination scratch cards that were meant for sale to prospective candidates in the state.

 In Kogi State, the staff of the board with itchy fingers claimed he had borrowed money to the state civil servants who were being owed several months of salaries. The ugly stories of massive stealing of the board’s funds reverberated in many states including the headquarters where the former helmsman, Prof. Dibu Ojorinde is currently standing trial for allegedly stealing hundreds of millions of naira.

With those monumental financial malfeasances, candidates were hitherto ripped off of their hard earned money as the examination body was shrouded in fraudulent and chaotic scheming. Consequently, floods of complaints poured in from several quarters on pre-registration and post examination irregularities.

But Oloyede’s surgical knife had cleaned the process and restored sanity after one year in office. By the second year, the examination body had saved over N8 billion and remitted same to the Federal Government, a remarkable departure from about N300 million the examination body was hitherto remitting per year to the government.

Thus, in 2018, the Muhammadu Buhari administration had to review downward the cost of registration of the UTME to N4,500 per candidate from the over N7,000 hitherto charged.

Elated by these remarkable achievements, President Bola Tinubu applauded Prof. Oloyede’s innovative ideas and financial prudence at a recent public engagement organised by the Economic and Financial Crimes Commission (EFCC). .

“One person I always respect is Prof Is’haq Oloyede. Over the years, JAMB never made up to $1m for the Federal Government.

“However, when Prof Oloyede assumed office, JAMB made over N50bn for the Federal Government in one year.”

Another landmark achievement is the initiative in providing Persons with Disabilities (PWDs) the opportunity to register for the 2024/2025 UTME at no cost. This will ensure equal educational opportunities for all, irrespective of physical abilities,

Additionally, the board has acquired some basic tools required by PWDs, like braille machines, personal computers with enlarged features, et al, for persons with special needs.

At a time of verbal rhetoric about fighting corruption by most public servants who are short on practical implementation, at a time revenue generating departments and agencies carry out opaque operations with no tangible results, JAMB, under the captainship of Oloyede, unarguably stands as a referral government agency for transparency.

DAILY ASSET, while commending the management and staff of JAMB, for their commitment to hard work, is pleased to extend warm accolades to a nonconformist and unconventional public servant with passion for accountability and service to humanity.

Continue Reading


End Kidnapping and Banditry Now!




The alarm bells are ringing with irritating intensity.  There is no place for safety as non state actors are wreaking havoc here and there through violent kidnappings, banditry, terrorism and other forms of criminality across the country. 

The worsening spread of kidnappings and banditry is raging like a wild  fire, which the media had termed, “an epidemic.

” Many precious human lives and property are being lost on a daily basis.
So far, President Bola Tinubu has yet to get a cure.

Although Tinubu inherited the insecurity from the Buhari administration, no new idea has been put on the table to reverse the ugly situation. 

All we hear week in week out from the seat of power and the National Assembly is a pedestrian and lame talk of “we are on top of the situation” and routine invitation of the security chiefs to “come and brief us” of what they are doing to bring the situation to an end.

What is worrisome to some security analysts is the escalation of violent activities by non state actors after every circle of the general elections and the failure of the succeeding government to deal decisively with the situation. 

Judging from the performance of Tinubu as governor in Lagos State, when he tamed the “area boys,” Nigerians had expected that he would replicate same as President to  tackle non state actors who are daily unleashing violence and harm on helpless citizens by way of senseless killings, kidnappings, banditry, terrorism, et al, to usher in a peaceful Nigeria. .

Moreover, Tinubu assumed office at a time the security agencies had acquired (and have continued to take delivery of) military hard wares to combat worsening insecurity without significant success is rather unfortunate. I

It smacks of a joke when the security agencies flaunt those hard wares meant to fight insecurity in towns to harass innocent citizens in what they describe as the “show of force” when in reality non state actors continue to run riot to inflict pernicious injuries on unfortunate citizens in different parts of the country.

DAILY ASSET is of the view that a more coordinated and holistic approach be adopted to end the epidemic by strengthening these processes: 

First, deployment of robust technology and increased funding. The president should order the National Communications Commission (NCC), and all telecommunications companies to partner security agencies in providing accurate information where calls originate. 

This will enable security operatives to clearly identify the point of originating call for swift response. And where any network provider fails to provide a timely and accurate information to security agencies to track such calls, appropriate sanctions should be immediately applied against it even if it means the revocation of the operating license.

Additionally, drones should be acquired for early warning and monitoring of illegal movement of vehicles and persons, particularly in the forests.

Second, there should be strong and mutual inter agency cooperation on information sharing. The President should direct the Central Bank of Nigeria, all money deposit banks, Bureau de Change operators and National Financial Intelligence Unit (NFIU) to reintroduce the cash light policy.

These agencies should synergize to ensure no huge amount in cash is withdrawn over the counter from any money deposit bank. Similarly, the movement of large funds should be tracked and a red flag raised where such funds are suspected of being moved for the funding of illegal activities.

Third. The autonomy of the Local Government Administration should be restored. The chairmen of local councils – as a tier of government closer to the people – must be empowered to deal with security issues. In particular, Divisional Police Stations in rural areas should be beefed up with adequate personnel and equipment, especially patrol vehicles for rapid responses during emergencies. 

We believe that if the above measures are holistically implemented and followed with a clinical reform of the administration of criminal justice for the speedy trial of suspected kidnappers, bandits and terrorists, those violent criminal actions from non state actors will soon be a thing of the past.

Continue Reading


Time to Make Public Office Less Attractive




Now that the Supreme Court has duly affirmed the election of President Bola Ahmed Tinubu, Nigerians are eager to see the country move forward from its present state of uncertainty.

Democracy is about a social contract between the electorate and politicians, especially those entrusted to hold public offices.

And the failure of the latter to provide security and welfare for the people undermines the essence of the competitive spirit of democracy.

It is becoming a fact in Nigeria, nay Africa that governance is rapidly taking a much wider meaning and no longer restricted to the rule of law where administrative codes are strictly adhered to. Instead, Nigerian politicians place little or no premium on what constitutes governance, let alone good governance.

Since political power is ultimately exercised by politicians, elected into public offices, it is expected they will comply with the laid down principles and governing templates, through which they will gauge the feelings, aspirations and desires of the electorate. Those feelings and desires will ultimately make them formulate policies and programmes viz: participation of citizens, upholding the rule of law, transparency and accountability, responsiveness of the authority, consensus oriented policy, equity and inclusiveness, and strategic vision of the authority, as the case may be.

But it remains to be seen whether the present government has demonstrated enough political will to follow these principles, given its eagerness to borrow and fund consumption and ostentatious lifestyle.

Politicians take advantage of the vulnerability and gullibility of Nigerians, in terms of poverty and ethno-religious sentiments, to buy and bully their way into office without anything to offer outside the propaganda that brought them in. They spend the next four to eight years politicking rather than concentrating on good governance. This is anathema to democratic norms and ethos.

With our debt currently standing at about N80 trillion; about 133 million Nigerians gripped by multidimensional poverty; unemployment rate almost 37% among other negative indices, it is time for the government -at all levels – to hit the ground running by reviewing the social contract between it (government) and the citizenry, majority of whom are trying to eke out a living.

This brings to the fore the need to make Public office less attractive for the corrupt and power mongers among us. The zerosome way we play the game of politics is as a result of the overnight accumulation of wealth and aggregation of power that comes with winning elections. This is why, the goal for most of those contesting for elective office is not service to the people but access to the national cake and personal ego. It is high time Nigeria made governance and government less attractive by strengthening our laws and statutes.

DAILY ASSET is of the view that restructuring our judicial system, empowering the Code of Conduct Bureau and reviewing our legal status in a way and manner that people who once occupy public office and are known to be living far above their cumulative income while in office must be made to account for such wealth. In this case, the onus of proof shall rest on the accused and not the accuser. If this is not done, fraudulent public servants and politicians who occupy public office will continue to exploit the system to their advantage.

Continue Reading

Read Our ePaper

Top Stories

SPORTS1 day ago

Para Badminton: Bolaji, Chigozie qualify for Paris 2024 Paralympics

ShareThe duo of Mariam Eniola Bolaji and Jeremiah Chigozie have qualified for the Paris 2024 Paralympic Games coming up from...

NEWS2 days ago

FCTA Moves to Curb Medical Tourism

ShareBy Laide Akinboade, AbujaFederal capital Territory Administration (FCTA) has pledged to provide the necessary support for the successful completion and...

NEWS2 days ago

Ortom, Ode, Asemakaha Felicitates  With Alia on 58th Birthday

ShareFrom Attah Ede, Makurdi  Former Governor of Benue State, Chief Samuel Ortom, the incumbent Deputy Governor, Barr Sam Ode and...

BUSINESS2 days ago

NAICOM, RMAFC Collaborate on Economic Diversification

ShareBy Tony Obiechina, AbujaThe Commissioner for Insurance/CEO, Mr. Olusegun Ayo Omosehin, and his management team have met with the members...

BUSINESS2 days ago

22,000 Beneficiaries to Get N50,000 Nano Businesses Grant in Kogi

ShareFrom Joseph Amedu, LokojaNo fewer than 22,000 beneficiaries in Kogi will get N50,000 each, under the Presidential Conditional Grant Scheme...

dailyasset-greetings dailyasset-greetings
NEWS2 days ago

CBN Unveils Strategy to Boost Remittances

ShareBy Tony Obiechina, AbujaThe Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels...

BUSINESS2 days ago

Accountant General Declares N318.5b Revenue Inflow in First Quarter

ShareBy Ubong Ukpong, AbujaThe Accountant General of the Federation, Mrs Oluwatoyin Madein on Wednesday said total revenue inflows to the...

POLITICS2 days ago

Senate Charges Army, Police to Increase Presence in Uzo-Uwani to Forstall Peace

ShareBy Eze Okechukwu, AbujaThe Senate yesterday charged the Inspector General of Police (IGP) Kayode Egbetokun and Chief of Army Staff...

POLITICS2 days ago

Ebonyi LG Polls: EBSIEC Gives 3rd June Ultimatum for Political Parties to Conclude Primaries

ShareBy Godwin Okeh, AbakalikiEbonyi State Independent Electoral Commission, EBSIEC, on Wednesday gave 3rd June 2024 ultimatum for all political parties...

POLITICS2 days ago

Reps Member Calls for Urgent Intervention in Federal Teaching Hospitals

ShareBy David Torough, AbujaThe Chairman, House of Representatives Committee on Health Institutions, Amos Magaji has called for an urgent financial...

Copyright © 2021 Daily Asset Limited | Powered by ObajeSoft Inc