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Voice of Emancipation: Crude Oil: A Blessing or a Curse

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By Kayode Emola

In the 1960s and 70s, when the exploration for crude oil started to truly gain traction and political interest on a global scale, several countries devised models attempting to ensure that the benefits gleaned from this resource would reach the ordinary man on the streets. This commodity, when discovered, has wildly changed the fortunes of many countries: for some, it has been a game-changer in progressing their national development; for others, it has become a curse.

Many poor countries today dream of finding oil, in the same way that poor individuals fantasise about winning the lottery. However, just as many overnight lottery millionaires ultimately end up worse off than they were before the windfall, many countries – including Venezuela and Nigeria, amongst several others – have suffered huge detriment due to their discovery of this commodity.

It is often not recognised that crude oil brings far more trouble than can be comprehended, rather than being some panacea that will solve all of a nation’s problems and elevate their status. One-time Venezuelan oil minister, Juan Pablo Alfonso, once compared crude oil to “The devil’s excrement;” whilst his Saudi Arabian counterpart, Sheikh Ahmed Yamani, is reported as saying that he “wish[ed] we had found water” instead of oil. The case of Nigeria is not dissimilar to the views and experiences of these two men: we were far better off as a country without crude oil than the situation we find ourselves in today.

Whilst many countries have seen great benefits from the oil boom, including Norway and Kuwait amongst others; Nigeria, Nigerians and especially the local communities of the areas where the oil is produced have been dealt problems which surpass imagination. The heavy dependence that Nigeria has evolved upon this natural resource has poisoned the country’s economic and political systems, causing a severe hardship that afflicts over half of the population. We see that the price of everyday necessities, ordinarily dictated by the market forces of supply, demand and competition, instead becomes dependent on the dollar exchange rate and beholden to the fluctuations of the oil price.

The inflow of hard currency from oil royalties to the government reserves disincentivises national investment into non-oil sectors, as these do not provide the same degree of financial returns. This has led to the progressive destruction over several decades of these other sectors, whilst the Nigerian state has failed to make any meaningful investment of the income generated by the crude oil, and instead has frittered it away. Rather than invest in critical infrastructure for the benefit of future generations, successive governments have left us worse off than when we started as an independent nation in 1960, with higher levels of debt, yet nothing to show for the abundance of oil.

Whilst the Nigerian government squandered her precious natural resource, Norway, on the other hand, took a different approach. In the 1970’s, the country opened a savings fund and ensured that every krone made from their oil deposits was deposited into it. This fund is estimated to now be well in excess of a trillion dollars, making every Norwegian worth about $185,000. Conversely, due to the country’s exorbitant wastage, most Nigerians are now living in abject poverty. Yet this is the same nation of which a former head of state once remarked that our problem is not how to make money but how to spend it.

This begs the question, what made the difference between these two countries? How did Norway develop a system that enabled them to provide free education, from basic to tertiary, for every citizen; to sustain a good health care system; to provide every new mother has the opportunity to take up to two years maternity leave? What went wrong with the Nigerian model that we are unable to provide sufficient numbers even of basic school teachers, let alone enough tertiary institutions to cater for its teeming population? Health care in the country is close to shambolic, with Nigerian doctors, health care workers and other experts opting en masse to relocate to better economies.

So what did Norway do right? In 1969, Norway had nearly given up hope of ever finding oil. It was at this that time a young Iraqi geologist, Farouk al-Kashim, emigrated with his Norwegian wife to the country in a bid to find good health care for his last son who had been born with cerebral palsy. Farouk resigned his lofty position in the Iraq Petroleum Company to make the move to Norway in order to save his dying child. A spur-of-the-moment visit to the Ministry of Industry found him unexpectedly in an impromptu job interview. Resultantly, he was hired as a consultant for the Ministry, helping analyse the petrol logs that would highlight the opportunities for a vast oil discovery. His efforts helped to build a model that enabled Norway to avoid the “Dutch disease” – the stifling of non-oil sectors of the economy – which made the difference in infrastructure and social systems still enjoyed by Norwegians today.

Nigeria, in comparison, has already missed the boat. Our economy is now so heavily dependent on oil that the non-oil sector has been left to wither, almost into nothingness. As external loans become increasingly difficult to access, the Nigerian government has resorted to selling state-owned assets in order to shore up its yearly annual deficit. This situation calls for sober reflection by every Nigerian: every passing day results in more and more lives born into abject poverty. Is this a position that is tenable to permit to continue without intervention?

I urge our Yoruba people both at home and abroad to come together in unison at this critical time. We must ensure that the reset button is pressed, safeguarding the gains of self-rule that our parents and their peers enjoyed in the 1950s against being confined to the dustbins of history. When our new nation is born, it will be imperative that we identify our key critical assets within Yoruba land. We must design a model that ensures sustainable and healthy competition among state owned organisations and private enterprise, to the benefit of all. Failure to do so may see us sleep walking into a major disaster in the not-too-distant future. When the population size outstrips the ability of the resources of the Nigerian state to provide for them, what other outcome can there be?

And so, as we stare down the barrel of this impending catastrophe that Nigeria is careering toward, it seems that there can be only one solution. The amalgamation of the assorted tribes into one single entity has brought only tragedy from a resource that should have been a blessing. Therefore, it would appear that the only answer is de-amalgamation, and building our own country from the ground up on a solid foundation of pragmatism and common sense. Let us learn from the failures of the Nigerian model and the successes of the Norwegian, to forge our own path and build a destiny of opportunity for all in Yoruba nation.

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Opinion

How Dr. Fatima Ibrahim Hamza (PT, mNSP) Became Kano’s Healthcare Star and a Model for African Women in Leadership

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By Dr. Sani Sa’idu Baba

My dear country men and women, over the years, I have been opportune to watch numerous speeches delivered by outstanding women shaping the global health sector especially those within Africa. Back home, I have also listened to towering figures like Dr. Hadiza Galadanci, the renowned O&G consultant whose passion for healthcare reform continues to inspire many. Even more closer home, there is Dr. Fatima Ibrahim Hamza, my classmate and colleague. Anyone who knew her from the beginning would remember a hardworking young woman who left no stone unturned in her pursuit of excellence. Today, she stands tall as one of the most powerful illustrations of what African women in leadership can achieve when brilliance, discipline, and integrity are brought together.

Before I dwell into the main business for this week, let me make this serious confession. If you are a regular traveler within Nigeria like myself, especially in the last two years, you will agree that no state currently matches Kano in healthcare delivery and institutional sophistication. This transformation is not accidental. It is the result of a coordinated, disciplined, and visionary ecosystem of leadership enabled by Kano State Governor, Engr Abba Kabir Yusuf. From the strategic drive of the Hospitals Management Board under the meticulous leadership of Dr. Mansur Nagoda, to the policy direction and oversight provided by the Ministry of Health led by the ever committed Dr. Abubakar Labaran, and the groundbreaking reforms championed by the Kano State Primary Health Care Management Board under the highly cerebral Professor Salisu Ahmed Ibrahim, the former Private Health Institution Management Agency (PHIMA) boss, a man who embodies competence, hard work, honesty, and principle, the progress of Kano’s health sector becomes easy to understand. With such a strong leadership backbone, it is no surprise that individuals like Dr. Fatima Ibrahim Hamza is thriving and redefining what effective healthcare leadership looks like in Nigeria.

Across the world, from top medical institutions to global leadership arenas, one truth echoes unmistakably: when women lead with vision, systems transform. Their leadership is rarely about theatrics or force; it is about empathy, innovation, discipline, and a capacity to drive change from the inside out. Kano State has, in recent years, witnessed this truth firsthand through the extraordinary work of Dr. Fatima at Sheikh Muhammad Jidda General Hospital.

In less than 2 years, Dr. Fatima has emerged as a phenomenon within Kano’s healthcare landscape. As the youngest hospital director in the state, she has demonstrated a style of leadership that mirrors the excellence seen in celebrated female leaders worldwide, women who inspire not by occupying space, but by redefining it. Her performance has earned her two high level commendations. First, a recognition by the Head of Service following a rigorous independent assessment of her achievements, and more recently, a formal commendation letter from the Hospitals Management Board acknowledging her professionalism, discipline, and transformative impact.

These acknowledgements are far more than administrative gestures, they place her in the company of women leaders whose influence reshaped nations: New Zealand’s Jacinda Ardern with her empathy driven governance, Liberia’s Ellen Johnson Sirleaf with her courageous reforms, and Germany’s Angela Merkel with her disciplined, steady leadership. Dr. Fatima belongs to this esteemed lineage of women who do not wait for change, they create it.

What sets her apart is her ability to merge vision with structure, compassion with competence, and humility with bold ambition. Staff members describe her as firm yet accessible, warm yet uncompromising on standards, traits that embody the modern leadership model the world is steadily embracing. Under her stewardship, Sheikh Jidda General Hospital has transformed from a routine public facility into an institution of possibility, demonstrating what happens when a capable woman is given the opportunity to lead without constraint.

The recent commendation letter from the Hospitals Management Board captures this evolution clearly: “Dr. Fatima has strengthened administrative coordination, improved patient care, elevated professional standards, and fostered a hospital environment where excellence has become the norm rather than the exception”. These outcomes are remarkable in a system that often battles bureaucratic bottlenecks and infrastructural limitations. Her work is proof that effective leadership especially in health must be visionary, intentional, and rooted in integrity.

In a period when global discourse places increasing emphasis on the importance of women in leadership particularly in healthcare, Dr. Fatima stands as a living testament to what is possible. She has demonstrated that leadership is never about gender, but capacity, clarity of purpose, and the willingness to serve with unwavering commitment.

Her rise sends a powerful message to young girls across Nigeria and Africa: that excellence has no gender boundaries. It is a call to institutions to trust and empower competent women. And it is a reminder to society that progress accelerates when leadership is guided by competence rather than stereotypes.

As Kano continues its journey toward comprehensive healthcare reform, Dr. Fatima represents a new chapter, one where leadership is defined not by age or gender, but by impact, innovation, and measurable progress. She is, without question, one of the most compelling examples of modern African women in leadership today.

May her story continue to enlighten, inspire, and redefine what African women can, and will achieve when given the opportunity to lead.

Dr. Baba writes from Kano, and can be reached via drssbaba@yahoo.com

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Opinion

Book Review: Against the Odds by Dozy Mmobuosi

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By Sola Ojewusi

Against the Odds is an ambitious, deeply personal, and unflinchingly honest memoir that traces the remarkable rise of Dozy Mmobuosi, one of Nigeria’s most dynamic and controversial entrepreneurs. In this sweeping narrative, Mmobuosi reveals not just the public milestones of his career, but the intimate struggles, internal battles, and defining moments that shaped his identity and worldview.

The book is both a personal testimony and a broader commentary on leadership, innovation, and Africa’s future—and it succeeds in balancing these worlds with surprising emotional clarity.

A Candid Portrait of Beginnings

Mmobuosi’s story begins in the bustling, unpredictable ecosystem of Lagos, where early challenges served as the furnace that forged his ambitions. The memoir details the circumstances of his upbringing, the value systems passed down from family, and the early encounters that sparked his desire to build solutions at scale.

These foundational chapters do important work: they humanize the protagonist. Readers meet a young Dozy not as a business figurehead, but as a Nigerian navigating complex social, financial, and personal realities—realities that millions of Africans will find familiar.

The Making of an Entrepreneur

As the narrative progresses, the memoir transitions into the defining phase of Mmobuosi’s business evolution. Here, he walks readers through the origins of his earliest ventures and the relentless curiosity that led him to operate across multiple industries—fintech, agri-tech, telecoms, AI, healthcare, consumer goods, and beyond.

What is striking is the pattern of calculated risk-taking. Mmobuosi positions himself as someone unafraid to venture into uncharted territory, even when the cost of failure is steep. His explanations offer readers valuable insights into:
• market intuition
• the psychology of entrepreneurship
• the sacrifices required to build at scale
• the emotional and operational toll of high-growth ventures

These passages make the book not only readable but instructive—especially for emerging

African entrepreneurs.

Triumphs, Crises, and Public Scrutiny
One of the book’s most compelling strengths is its willingness to confront controversy head-on.

Mmobuosi addresses periods of intense scrutiny, institutional pressure, and personal trials.

Instead of glossing over these chapters, he uses them to illustrate the complexities of building businesses in emerging markets and navigating public perception.

The tone is reflective rather than defensive, inviting readers to consider the thin line between innovation and misunderstanding in environments where the rules are still being written.

This vulnerability is where the memoir finds its emotional resonance.

A Vision for Africa

Beyond personal history, Against the Odds expands into a passionate manifesto for African transformation. Mmobuosi articulates a vision of a continent whose young population, natural resources, and intellectual capital position it not as a follower, but a potential leader in global innovation.

He challenges outdated narratives about Africa’s dependency, instead advocating for
homegrown technology, supply chain sovereignty, inclusive economic systems, and investment in human capital.

For development strategists, policymakers, and visionaries, these sections elevate the work from memoir to thought leadership.

The Writing: Accessible, Engaging, and Purposeful

Stylistically, the memoir is direct and approachable. Mmobuosi writes with clarity and intention, blending storytelling with reflection in a way that keeps the momentum steady. The pacing is effective: the book moves seamlessly from personal anecdotes to business lessons, from introspection to bold declarations.

Despite its business-heavy subject matter, the prose remains accessible to everyday readers.

The emotional honesty, in particular, will appeal to those who appreciate memoirs that feel lived rather than curated.

Why This Book Matters

Against the Odds arrives at a critical moment for Africa’s socioeconomic trajectory. As global attention shifts toward African innovation, the need for authentic narratives from those building within the system becomes essential.

Mmobuosi’s memoir offers:
• a case study in resilience
• an insider’s perspective on entrepreneurship in frontier markets
• a meditation on reputation, legacy, and leadership
• a rallying cry for African ambition

For readers like Sola Ojewusi, whose work intersects with media, policy, leadership, and social development, this book offers profound insight into the human stories driving Africa’s new generation of builders.

Final Verdict

Against the Odds is more than a success story—it is a layered, introspective, and timely work that captures the pressures and possibilities of modern African enterprise. It challenges stereotypes, raises important questions about leadership and impact, and ultimately delivers a narrative of persistence that audiences across the world will find relatable.

It is an essential read for anyone interested in the future of African innovation, the personal realities behind public leadership, and the enduring power of vision and resilience

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Opinion

Redefining Self-leadership: Henry Ukazu As a Model

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By Abdulakeem Sodeeq SULYMAN
In a world filled with talents and unique gifts, nurturing oneself for an impact-filled living becomes one of the potent metrics for assuming how one’s life would unfold – either in the nearest or far future. I am sure the question you may be curious to ask is ‘what is the important quality that has shaped the life of every individual who has unleashed their ingenuity?’ Apparently, our society is filled with numerous people, who missed the track of their life. Their iniquity is boiled down to one thing – failure to lead oneself.
Realising how important it is to be your own leader has been the springboard for every transformative life. Notably, this also becomes the premise for appreciating and celebrating Henry Ukazu for setting the pace and modeling self-leadership in this era, where self-leadership is under-appreciated by our people. Self-leadership itself engineers purposeful and impactful living, turning individuals to sources of hope to others.
This is exactly what Henry Ukazu symbolises. The name Henry Ukazu is akin to many great things such as ‘Unleashing One’s Destiny,’ ‘Finding One’s Purpose’ and ‘Triumphant Living.’ Regardless of the impression one have formed about Henry Ukazu, one thing you cannot deny is his ability to be pure to nature and committed to his cause. Henry Ukazu is one of the rare people who still believed in the values of the human worth and has committed every penny of his to ensure that every human deserves to live the best life.
The trajectory of Henry Ukazu’s life is convincing enough to be choosing as an icon by anyone who chooses to climb the ladder of self-leadership. Oftentimes, Henry Ukazu always narrate how he faced the storms of life when birthing his purpose. He takes honour in his struggles, knowing full well that every stumbling blocks life throws at him helped in building himself. If not for self-leadership, he will not found honours in his struggles, let alone challenging himself to be an example of purposeful living to others.
Without mincing words, Henry Ukazu’s life has been blessed with the presence of many people, with some filling his life with disappointments, while some blessing him with immeasurable transformations. Surprisingly, Henry Ukazu has never chosen to be treating people negatively; rather he would only choose the path of honour by avoiding drama and let common sense prevail. That’s one of the height of simplicity!
Dear readers, do you know why today is important for celebrating Henry Ukazu? Today, 3rd December, is his birthday and with all sincerity, Henry Ukazu deserves to be celebrated because he has chosen the noble path, one filled with honours and recognitions for being an icon of inspiration and transformation to the mankind. As Henry Ukazu marks another year today, may the good Lord continue shielding him from all evils and guiding him in right directions, where posterity will feel his role and impacts!
Many happy returns, Sir!

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