Headline

Pendulum: Not Too Young To Run, Not Too Young To Do Business

Published

8 years ago

March 17, 2018

Editor

By Dele Momodu

Fellow Nigerians, one of the hottest slogans in our country today is “not too young to rule.” I agree absolutely. When I was approached recently by one of the exponents of this campaign, Mr Dayo Israel to be precise, I wasted no time in lending my voice, and my column to propagate what for me is the only way forward for the development of our dear nation. The reason for my excitement and willingness to contribute in my own little way towards proclaiming the message of the youths was simple. I was born in 1960, the year of our Independence. I grew up in an era when the destiny of Nigeria was controlled largely by people in their twenties and thirties. Those forty years and over, tended to take a back seat, in an avuncular or patriarchal mode and allowed the young Turks to have the field. This was because they believed that their time had passed and, that the younger generation that was to live the future, needed to be in control of that future. It was such a golden era that held out great promises to the future we all dreamt of and have been dreaming about ever since. But partly for the evil invasion of military coups, and the disastrous civil war that left our Eastern parts ravaged and devastated, I’m reasonably certain that Nigeria would have gone very far in the comity of nations by now. The same mindset that had led to those young “elders” to vacate the scene for vigorous, vibrant and vivacious young leaders would have continued to hold sway for the mutual benefit of our citizens and the country at large.

However, what has happened is that some of the young people who held sway at that time, are still very much around, ruling directly or by proxy. Their position is strengthened by the decimation of our erudite and visionary political elite by military miscreants who were only interested in feathering their nests and self-preservation. Therefore, we have a few inept and ineffectual leaders in power, who still want to govern Nigeria, when they are nearer 80 than 70. In a country of extremely gifted and undoubtedly brilliant young men and women, this should give us cause for grave concern. I’ve listened to arguments from rabid gerontocrats who tell us that the young of today have not justified their agitation for power to be handed over to them. They point fingers at some young Governors and Ministers who bungled their privileged assignments and looted the treasury dry. I agree that there are some notorious youthful leaders who have misbehaved badly! But there must be an opportunity for evolution and atonement and it is not all doom and gloom. This is particularly more so, because it is the mediocrity, buffoonery and lack of merit of these geriatric leaders that has brought those they now accuse to the fore.

We should therefore consider the pedigree of those youthful delinquents before we burden our youths with their shame. They emerged in the first instance due to our lackadaisical attitude to politics. I believe that the lackadaisical attitude was fostered by the debilitating years of military misrule and the penchant of the soldiers for undertaken failed democratic exercises just to assuage our hunger for civilian rule. Thereafter, once upon a time, and even at this moment, many of us came to believe that politics is the exclusive preserve of nonentities and never-do-wells. Since we cannot eat our cake and still have it, we should understand that the dregs of society we throw up would ultimately be the leaders we deserve, but the rulers we deride. I believe Nigeria deserves much better and we have many youthful and upwardly mobile people around today. This was the basis of my excitement when I first encountered Mr Akinwunmi Ambode over four years ago at a location on Glover Road Ikoyi.

Mr Ambode had shared his vision with me on that occasion in the presence of Mr Idowu Ajanaku, and the first thing that struck me about him was his humility and simple mien. He demonstrated beyond doubt that he knew his onions. He discussed ideas and a vision for a Lagos State that would be the pride of the nation in the development of infrastructure, social amenities and above all communal responsibility. He was of the view that if Government delivered on its pledges to the people by providing them with social amenities and welfarist programmes, the people would eventually rise up to the challenge, and perform their civic duties by paying taxes and treating amenities and infrastructure of the State as if it was their own to be cared for and nurtured. This was probably the accountant and financial adviser in him talking from an impressive background of practical experience. Ambode’s intimidating resume was, therefore, another attraction for me. I love cosmopolitan leaders who have had the dual opportunity to school at home and abroad; well-travelled and very exposed to new ways and means of doing things. While such people need political platforms to realise their dreams and vision, politics, for them, can never be the only priority. They just want to get the job done and move on to the next project. In about three years of attaining power, even his most vociferous and acerbic critics admit, privately and, oftentimes, publicly, that Mr Ambode has shown enough verve, vigour and promise of a greater tomorrow for our country. He has made his generation proud. Since no human being is perfect, the Governor of Lagos has made his own mistakes and I’m elated that he has found the uncommon courage to retrace his steps. That is the hallmark of a true leader – the one who errs and swiftly admits the error and makes amends. There is no use stubbornly and irascibly clinging to a mistake that can easily be cured simply because you do not want people to believe that you are fallible, when fallibility is merely a human trait.

All manner of ideas and suggestions are available to a leader. More often than not, not all government advisers share the vision of their principal. As a matter of fact, different people go into politics with different motives and mind-sets. A good leader would have to sift the wheat from the chaff, and swim or perish. Governor Ambode like a supersonic jet has entered his fair share of turbulence. The most raging, and mother of all, controversies, in Lagos right now, is the appointment of a company called Visionscape to take over a substantial chunk of waste management in Lagos State. Both Ambode and the waste managers have almost been wasted by those vehemently opposed to Visionscape and, possibly, Ambode himself. If anybody thought it was a joke that would soon blow over, they were wrong in underrating the determination, and total opposition, of those who felt short-changed by the new deal.

On a personal note, I experienced their fury after I posted an innocuous endorsement of Governor Ambode for a second term on my Instagram page. In this season of intolerance and cheap blackmail, the voltrons, as we call them, descended upon my page to throw darts , barbs and even missiles at Ambode and his supposed friend, Mr Adeniyi Makanjuola. I read that the whole of Lagos State has been taken over by garbage and filth. Some of the comments forced me to search other sites and I looked for any available information about this company they called unprintable names. What I unearthed was quite depressing. In fact, it scared me about what the future holds for our dear beloved country. It seems we have lost our ability to dialogue and understand each other forever. The unsubstantiated and unjustified ferocious attack on Adeniyi and his company made me to shudder with trepidation. I will tell you why.

I had read that Visionscape was a cheap company that lacks the capacity to handle the magnitude of the filth that a megacity like Lagos would generally generate. I doubt if anyone cared to probe further because my findings reveal otherwise. Unfortunately, social media thrives largely on self-help publications, imaginary and sometimes illusionary artificial and virtual reality. You need no education, exposure, job experience, known address or any advanced publishing technology to disseminate your drivel, jibes and even falsehoods. Your smartphone and sufficient data would achieve what all newspapers would never be able to distribute these days. And the more salacious the stories, the quicker they go viral.

Our youths who want to lead Nigeria should find pride, without prejudice, in Adeniyi Makanjuola of Visionscape. I have no doubt that whatever the challenges he may be facing today, he has a very bright future ahead. He comes from a background of serial investments, ranging from aviation to oil & gas, energy, finance and environmental utilities. Before returning to Nigeria at the age of 23, Adeniyi had completed his degree in Financial Economics from the University of Essex and obtained an M.Sc. in Urban Planning and Development from the University College London. On his return, he dabbled into aviation after discovering a lacuna in the onshore helicopter services business. What started like a hobby soon blossomed into a major player in the market place. Caverton Helicopters boasts of probably the single largest fleet of ultramodern helicopters in sub-Saharan Africa. Adeniyi has his fingers in many pies. His dream is to surpass the Dangotes, Adenugas and Elumelus of Africa. His foray into business has been passionate, rapid, remarkable and audacious.

Adeniyi and Harry Ackerman have worked closely in mining, oil & gas exploration in West Africa and the Middle East. The duo became partners as far back as 2009 after the latter suffered an excruciating injury in his fledgling rugby career. State-led strategies and privatisation of public utilities inspired Adeniyi to venture into familiar territories in Africa. Lagos being one of the 26 mega cities in the world is a natural place to be. The duo teamed up with local Emirati, Ali Ahli and led Visionscape Group, an environmental utility company, into the market to tackle the herculean task of cleaning up what was previously described as one of the dirtiest cities in the world. These ambitious entrepreneurs are poised to employ over 30,000 employees now, and much more later. It is not a joke. The anticipated turnover runs into billions, and naturally, there must be a lot of keen and vested interest as well as corporate disenchantment and envy. Indeed, it has been a battle of wits since they came into the high-wired deal that they agreed with the Lagos State Government.

Clearly those that have championed the campaign of calumny against Visionscape and Ambode know what they are doing and what they seek to achieve. They have been able to find support in people of like minds who can see no good in whatever others do to develop their environment and space. However, what they fail to realise is that for those for whom progress is the watchword, the sky can only be the limit. The venom of detractors only serves as an impetus to propel them to greater heights. I am not an apologist for Ambode and Visionscape but it seems to me that where great vision and courage has been shown, our duty is to give those involved a chance rather than condemn them form the outset.

Ambode and Visionscape should be content in the knowledge that those that have had eureka moments have never really been recognised and honoured in their own time. As the saying goes, time will tell!

Headline

Incumbency Factor Will Not Determine 2027 Election, Atiku, Obi, Others Talk Tough

Published

3 days ago

January 29, 2026

Eric

The 2027 general elections will not be determined by incumbency, control of State power or wave of political defections, opposition leaders have declared.

They argued that voter choice, opposition unity, and the integrity of the electoral process would ultimately decide the outcome.

The opposition leaders made the declaration at the public launch of “The Loyalist,’’ a memoir by National Publicity Secretary of the African Democratic Congress, ADC, Bolaji Abdullahi, in Abuja.

The event drew a wide mix of opposition leaders, former public office holders, lawmakers, intellectuals and party stakeholders.

Speakers included former Vice President, Atiku Abubakar; former Anambra State governor, Peter Obi; former Minister of Interior and ADC National Secretary, Rauf Aregbesola; former Senate President and ADC National Chairman, David Mark, and veteran columnist and public intellectual, Hakeem Baba-Ahmed, who reviewed the book.

Although convened as a book presentation, the gathering quickly assumed a strong political tone, with speakers repeatedly returning to the issues of opposition unity, leadership responsibility, and the limits of incumbency power, ahead of the next general election.

Addressing what he described as a growing misconception in Nigerian politics, Aregbesola argued that governors and incumbents do not automatically determine election outcomes.

Drawing on the 2023 electoral results, he said the belief that political office guaranteed victory was not supported by evidence.

“The fact that certain governors are defecting to the APC shows that our unity is weakened, but the statistics do not support the belief that governors win elections,” Aregbesola said.

Using the South-West as an example, he said ruling party dominance at the state level had not translated into overwhelming electoral success.

“In the South-West, the APC controlled all the states except one, yet the maximum performance of the party was 55 per cent, with the other parties sharing the rest,” he said.

On his part, former Vice President, Atiku Abubakar, speaking as special guest of honour, linked the political moment to the theme of the book, describing loyalty as both a moral test and a personal burden in public life.

Atiku, who noted that his participation was informed by his own role in the political history examined in the memoir, said: “I am honoured to be part of this launch because I was also involved in the eventual inauguration of the Bukola Saraki administration, which this book deals with in very great detail.’’

He praised the author for taking on difficult questions about loyalty and conscience, saying “this is a work that dares to question loyalties, illuminate conscience, and broaden our public imagination.’’

Drawing a contrast between military discipline and political life, Atiku said loyalty in politics was rarely absolute and often exacted a heavy price.

“For those of us who come from the military and paramilitary professions, loyalty is non-negotiable; there is only absolute obedience. But in political life, loyalty is not as rigid, and it comes with consequences,” he said.

The former vice president also spoke candidly about his own experiences.

“Many of us have suffered because of loyalty. I have faced exile as a result of loyalty. I have survived assassination attempts as a result of loyalty,” he said.

Atiku warned that loyalty should never become blind allegiance, adding that “loyalty should strengthen the common goal, not narrow the circle of belonging.’’

Similarly, a former Governor of Anambra State, Peter Obi, who arrived late due to flight delays from Lagos, apologised for not observing traditional protocol before addressing the audience.

Obi also signalled political solidarity and regional commitment, saying: “I have been directed to represent the South-East, and I want to assure you that you will not be disappointed.’’

In one of the most direct political moments of the event, the author, Bolaji Abdullahi, appealed to opposition leaders to rise above rivalry and present a united front, ahead of 2027, adding that Nigerians were ready for change, though political leaders were not yet matching that urgency.

“For 2027, Nigerians are ready. But I don’t think we are ready. Nigerians look at us and see different enclaves and different entities. They see competition, rather than cooperation,” Abdullahi said.

Reviewing the book, Hakeem Baba-Ahmed said it initially provoked skepticism but ultimately impressed him.

“I brought to the book some prejudice and heightened curiosity. I expected the author to fall on his face somewhere. I was wrong,” he said.

He described the memoir as revealing and historically significant.

“This book is easily one of the most readable and revealing books I have read in a long while. It captures the essence of our contemporary social and political character,” Baba-Ahmed said.

Former Senate President, David Mark, described the task of rescuing Nigeria as a shared responsibility and praised Abdullahi’s character.

“He is a straightforward person. Even when I disagreed with him, his advice was always adopted,” Mark said.

He also clarified the long-standing controversy around the Doctrine of Necessity, saying “it was the sole responsibility of the Senate and had nothing to do with Kwara State or anyone from Kwara State.’’

Headline

Coup: Investigators Widen Probe Scope to Unmask Civilian Financiers

Published

4 days ago

January 28, 2026

Eric

Fresh intelligence details have surfaced on the foiled coup attempt against President Bola Tinubu’s administration, shedding light on how a serving Army Colonel allegedly assembled a covert, cross-service network to undermine the constitutional order before security agencies moved in.

The Defence Headquarters had announced the arrest of 16 officers for acts of indiscipline and breaches of service regulations, following weeks of quiet tension within the Armed Forces.

In October 2025, rumours of an alleged coup plot against President Tinubu’s administration spread across social media. At the time, the Defence Headquarters (DHQ) dismissed the claims as “false and misleading,” yet the sudden cancellation of the Independence Day parade fuelled speculation about deeper security concerns.

However, fresh findings from an interim investigation report, sighted by Punch Newspapers, suggest that the alleged architect of the plot was a Colonel whose repeated failures in promotion examinations reportedly bred resentment and alienation. Rather than nursing his grievances quietly, he is said to have turned them into a recruitment tool, drawing officers from the Army, Navy and Air Force into a loose but coordinated network.

According to the report, members of the group were allegedly assigned to discreetly study sensitive installations, including the Presidential Villa, the Armed Forces Complex, Niger Barracks in Abuja and international airports in Abuja and Lagos, mapping access routes, routines and vulnerabilities. What began as expressions of dissatisfaction soon graduated into early-stage operational planning.

Security sources say searches on the officer’s vehicle uncovered charms and anti-government materials, while a raid on his residence in Lokogoma, Apo, yielded sensitive documents detailing assigned roles and outlining how key national dignitaries were to be handled once the operation commenced.

The plotters are also said to have exploited insider access, infiltrating the Presidential Villa and compromising workers linked to construction firm Julius Berger to obtain security information on the premises. Encrypted communication platforms were allegedly used to coordinate movements, logistics and funding, while discreet vehicle repairs and unusual cash flows pointed to preparations for mobilisation.

Investigators traced financial inducements of between N2 million and N5 million to some principal actors, with intelligence agencies now analysing the money trail through the Nigerian Financial Intelligence Unit.

One of the suspects, Lt-Col S. Bappah, reportedly turned a critical witness, admitting his role and providing details on recruitment methods, funding channels and communication patterns within the network.

The danger, security officials note, lay in the cross-service reach of the conspiracy, which cut across the Army, Navy and Air Force and involved officers up to the rank of Brigadier-General.

The alleged plan, uncovered ahead of its execution date of October 25, 2025, was described as lethal in scope, with the President, Vice-President Kashim Shettima, ministers, service chiefs and other top officials marked as targets.

Beyond the military hierarchy, investigators are now widening the probe to civilian financiers and political contacts who may have interacted with the core suspects. Communication trails, financial flows and external interfaces are being reviewed as part of efforts to dismantle every layer of the network and secure strategic national assets.

With the investigation concluded and reports forwarded to superior authorities, the Defence Headquarters has confirmed that indicted personnel will face appropriate military judicial panels, as Nigeria’s security establishment moves to ensure that what officials describe as a well-funded, coordinated threat never advances beyond the planning stage.

Headline

Military Finally Confirms Coup Plot Against Tinubu’s Govt

Published

6 days ago

January 26, 2026

Eric

The Nigerian Armed Forces has said some officers will be arraigned before a military judicial panel to face trial over an alleged plot to overthrow the government.

The Director, Major General, Samaila Uba, said it is in accordance with the Armed Forces Act and other applicable service regulations.

Maj.-Gen Uba said: “It would be recalled that the Defence Headquarters issued a press statement in October 2025 regarding the arrest of sixteen officers over acts of indiscipline and breaches of service regulations. The Armed Forces of Nigeria (AFN) wishes to inform the general public that investigations into the matter have been concluded and the report forwarded to appropriate superior authority in line with extant regulations.

“The comprehensive investigation process, conducted in accordance with established military procedures, has carefully examined all circumstances surrounding the conduct of the affected personnel.

“The findings have identified a number of the officers with allegations of plotting to overthrow the government which is inconsistent with the ethics, values and professional standards required of members of the AFN.”

According to the statement, the measures being taken are purely disciplinary and part of ongoing institutional mechanisms to preserve order.

“Accordingly, those with cases to answer will be formally arraigned before appropriate military judicial panel to face trial in accordance with the Armed Forces Act and other applicable service regulations. This ensures accountability while upholding the principles of fairness and due process.

“The AFN reiterates that measures being taken are purely disciplinary and part of ongoing institutional mechanisms to preserve order, discipline and operational effectiveness within the ranks. The Armed Forces remain resolute in maintaining the highest standards of professionalism, loyalty and respect for constitutional authority,” it added.

The latest military action came more than three months after it announced on October 2025, that 16 officers had been arrested over alleged acts of indiscipline and violations of service regulations.

It explained that preliminary investigations revealed that the officers’ actions were tied to frustrations stemming from repeated failures in promotion examinations and concerns over stalled career progression.

In a statement issued by the Directorate of Defence Information, the conduct of the affected officers was described as falling short of the standards expected within the military.

It further noted that some of the officers were already under investigation for various offences and were either facing trial or awaiting court proceedings.

“The Armed Forces of Nigeria wishes to inform the public that a routine military exercise has resulted in the arrest of sixteen officers over issues of indiscipline and breach of service regulations. Investigations have revealed that their grievances stemmed largely from perceived career stagnation caused by repeated failure in promotion examinations, among other issues.

“The Armed Forces will not tolerate behaviour that undermines the integrity of the institution or threatens its constitutional role under democratic authority. The Armed Forces of Nigeria remains fully committed to its constitutional responsibilities and will remain professional at all times,” the statement read in part.

The planned military trial also came after months of speculation over an attempt to overthrow the Federal Government, linking it with the cancellation of the 65th Independence Anniversary parade.

The Defence Headquarters (DHQ) had earlier dismissed a report that claimed that 16 military officers, ranging from the rank of Captain to Brigadier General, were taken into custody by the Defence Intelligence Agency over alleged involvement in covert meetings to plan a coup against the government.

It had said that the parade was cancelled to allow President Bola Tinubu to attend a strategic bilateral meeting outside the country, and to enable members of the Armed Forces of Nigeria (AFN) to sustain momentum in the ongoing fight against terrorism, insurgency, and banditry.

“The Federal Government, the legislature, and the judiciary are working closely for the safety, development, and well-being of the nation. Democracy is forever.

“The Armed Forces of Nigeria remains firmly loyal to the Constitution and the Federal Government under the leadership of the Commander-in-Chief of the Armed Forces, President Bola Ahmed Tinubu, GCFR,” a statement signed by the Director of Defence Information, Brigadier General Tukur Gusau, in October had added.

But in the same month, soldiers from the Nigerian Army reportedly stormed the Abuja residence of former Bayelsa State governor, Timipre Sylva, over an alleged link to a coup plot.

‎According to multiple security sources, the operation was carried out by a special military team.
‎
‎It was gathered that the raid followed intelligence reports linking the former Minister of State for Petroleum Resources to a series of secret meetings allegedly held with some of the detained military officers accused of plotting to overthrow the government.

‎‎A top security source familiar with the development had disclosed that the operation also extended to Sylva’s Bayelsa home, where his brother, identified as one Paga, was arrested.
‎
‎“The Nigerian Army special team ransacked the home of Timipre Sylva, who is believed to have fled Nigeria.

“He is the South-South former governor frequently mentioned in the case. His brother, Paga, was picked up during the raid,” the source had revealed.

Consequently, the opposition African Democratic Congress (ADC) called on the Federal Government to immediately clarify the true nature of the alleged coup plot involving the arrested military officers.

In a statement signed by its National Publicity Secretary, Bolaji Abdullahi, it voiced worry over “conflicting signals” from government sources, noting that the Defence Headquarters publicly denied ever referencing a coup plot despite widespread media reports to the contrary.

“The ADC is particularly concerned that the federal government has not deemed it fit to make a categorical statement on this very serious matter, especially after the military authorities repeatedly denied that there was such a threat to the government.

“By keeping quiet, the government has deliberately allowed the coup story to fester for whatever reason,” the ADC had said.