Opinion
The Oracle: See How President Buhari Turned Me to a Nostradamus, Clairvoyant (Pt. 2)

By Mike Ozekhome
INTRODUCTION
Last week, I explored the above topic. I recalled my earlier writes-up advising Buhari on how he would re-engineer and re-invent the bent wheels of the Nigerian Nation. The present write-up is a mere rehash of reminiscences of what I had written and predicted as far back as 19th July, 2015, just only after 50 days of Buhari’s tenure! Nigerians had expected PMB to hit the ground running.They wanted him to be, not just a mere magician in the mould of Professor Peller, but also a miracle worker in the mould of Chris Oyakhilomen, all rolled into one. The stakes were very high based on Buhari and APC’s promises during the campaigns. They are higher today after his unexpected disastrous performance (see: https://thestreetjournal.org/is-president-buhari-overwhelmed-by-serious-issues-of-governance-by-chief-mike-ozekhome-san/ ). Now, continue reading what I wrote as far back as 29th July, 2015:
“THE ANTI-CLIMAX
“However, barely 50 days into PMB’s administration, Nigerians (read the print and social media, watch TV analysis and columnists’ opinions), are beginning to ask many questions. Were their hopes misplaced? Were they hallucinating? Are they in a state of somnambulism, or having feverish nightmares? Reasons? They cannot see signs of the promised “change”. Nigerians are not the most patient people on earth. They love quick-fix-it attack on issues, with “immediate effect and automatic alacrity”. Nigerians cuddle panache, glamour, colour, razzmatazz, and the fanciful.
“They even love the drama of actions, even if merely playing to the gallery. They yearn for populist actions, the type of IBB when he rejected the IMF, even though he later forced down their unwilling throats, the bitter pill of structural adjustment programme (SAP). Nigerians are seeing an anti-climax. And they are surprised and deflated. Was this the change they voted for? They are wondering!
“PMB’s MANY MISSTEPS, THE FAUX PAS
“When he took the oath of office on 29th May, 2015, PMB made one of the most memorable quotes of the century of “I belong to everybody and I belong to no one”. Some placed it in the pantheon of Murtala Mohammed’s great speech, “Africa has come of Age”, delivered on 11th January, 1976, at the OAU extraordinary meeting, warning the West, including America’s Gerald Ford, to keep off the internal affairs of Africa, while castigating the evils of apartheid.
“After this great outing, most Nigerians expected a national broadcast as to the thrust and policy direction of his government. None came. None has come till date. Only haphazard, piecemeal, fire brigade statements on sundry issues, at sundry occasions. No rhythm, no rhyme, no clear message. PMB, are you hearing me Sir?
“THE FIRST APPOINTMENTS – A MISSTEP
“Then, came the first two appointments. First, Mr Femi Adesina (erstwhile President, appointed Special Adviser on Media Affairs (SA). Then the shocker: Mallam Garba Shehu introduced duplicity with his appointment as Senior Special Assistant (SSA), for the same media job. Many Nigerians wondered why the duplication, for any of both gentlemen were eminently qualified to serve as his spokes-person, Shehu having also been a past president of NGE. “Where was the cut in government spending?”, they wondered. Nigerians queried why, at least, there was no pretence at making Garba an SSA on Communications and Strategy. Just something different. Why regurgitate PDP and GEJ’s Ruben Abati, Doyin Okupe and Ahmed Gulak? Where was the change, with both spokespersons already publicly contradicting each other?
“PMB’s OTHER SHOCKING APPOINTMENTS THAT LATER FOLLOWED
“If Nigerians were taken aback by the disingenuousness in the appointment of Adesina and Shehu, they were shocked to their bones and marrows with the next seven appointments made, all from the Northern geopolitical zones of the country. Wait for it…
Lt Col. Muhammed Abubakar (ADC) from Kano, North West. For engaging in a supremacy battle with this chosen one, Mr Abdulrahma Mani, another Northerner, was fired. The next is Lawal Kazaure, State Chief of Protocol (North), Ahmed Idris (Accountant General, Kano state, North West); Mordecai Baba Ladan (North West), and Mrs Amina Zakari (from Kazaure, Jigawa state, North West, as Acting Chairman of INEC).
“Never mind that in sections 153, 154, 155, 156 and 157 of the 1999 constitution, there is no provision for “Acting Chairman”; but a Chairman before whose appointment, the President, under sections 154 (1) and (2), must “consult with the Council of States” and the Senate must confirm.
“Finally, Lawal Daura (from Daura, PMB’s home town, North West), was appointed Director General of the State Security Service (DSS). Ita Ekpeyong from Cross River state was made to kiss the dust to pave way for Daura.
“Thus, of nine appointments so far made by PMB, eight are from the Northern parts of the country, leaving the entire Southern parts with only Femi Adesina (South West). Many are wondering whether this is a carefully crafted odeon of Northernisation of the Government of the Federation. Nigerians are aghast.
“NON APPOINTMENT OF MINISTERS
“Section 147 of the 1999 Constitution provides for the appointment of Ministers by the President, subject to confirmation by the Senate. The word “shall” which enjoins a mandate, is carefully and advisedly used by the makers of the Constitution. There shall be at least one Minister from each of the 36 states of Nigeria, with one from the Federal Capital Territory of Abuja.
“The Ministers are to help the President discharge the duties of his office effectively. It is said that even God himself, as Almighty, Omniscient and Omnipresent as He is, still requires the assistance of Angels and Saints. Not so for PMB. Well over one and a half months after his appointment and well over three months after he became aware he had been elected President of Nigeria when GEJ conceded defeat and congratulated him, PMB is still without Ministers, operating alone, like a lone ranger, in the mould of a Military dictator. His slow, nay sluggish pace, has become worrisome to most Nigerians.
“Commenting on his lack lustre performance within the first 30 days in office, especially on the non-appointment of Ministers, an economist, at Capital Economics, London, Mr John Ashbourne said:
“Every week that Nigeria goes without a Cabinet increases the chance that it will face a dangerous shock – whether a revenue collapse or a currency crisis…leaving the Federation without a Finance Minister would be a questionable choice at the best of times; doing so during a period of economic instability is difficult to explain.”
“Nigeria Labour Congress President, Comrade Ayuba Wabba, who admitted that 30 days was too short to assess PMB’s performance, had however, declared that Buhari was yet to face the realities on the ground. He argued that the slow pace of the administration (one month after being declared the winner of the Presidential election on March 28), was a pointer to the fact that the President was yet to acquaint himself with the situation on the ground.
“A RETURN OF THE OLD ORDER
“As captured by Vanguard Online of June 22, 2015, in an article written by veteran Eric Teniola, a former Director in the Presidency, he graphically captured the return to the old order of lone ranging, thus:
“FROM January 15, 1966 till June 3, 1967, Nigeria had no Ministers. That is a period of over fifteen months. The two military rulers who ruled during that period——Major General Johnson Thomas Umanakwe AguiyiIronsi (1924-1966) and General Yakubu Dan-Yuma Gowon (80) constituted permanent secretaries as members of the Federal Executives Councils.
“As for General Ironsi, the following were appointed—Mr. Ige (Agriculture and Natural Resources), C.O. Lawson (Communications), Alhaji Musa Daggash (Defense), Allison Ayida (Economic Development), S.S. Waniko (Education),T. Eneli (Establishments), Edwin O. Ogbu (External Affairs), Abdul Aziz Atta(Finance), B.N. Okagbue (Health), Phillip Asiodu (Industries), Grey Eronmosele Longe (Information), Alhaji A. Mora (Internal Affairs), M.A. Tokunbo (Labour and Welfare), H.A. Ejeyuitchie (Mines and Power), Alhaji Abdulrahman Howeidy (Special Duties-Internal Affairs), Alhaji Sule Kolo(Trade), H.O. Omenai (Transport), S.O. Williams (Works and Housing), Alhaji Sule Katagum (Chairman of the Federal Public Service Commission-Civil Service, A.E. Howson-Wright (Chairman of the Nigerian Railway Corporation, A.I. Obiyan(Chairman of the Nigerian Ports Authority)and the Attorney-General and Minister of Justice, Chief Gabriel Onyiuke.
“There was also the all-powerful Chief Francis Nwokedi, who was Permanent Secretary, Special Duties and of course, Chief Pius Okigbo. Mr. S.O. Wey was in all but name the Secretary to the government.
“As for General Yakubu Gowon we are all aware of his preference for Permanent Secretaries. The Permanent Secretaries were the ones that paved the way for his coming to power on July 29, 1966 during the historic meeting held at Ikeja Cantonment. So for the first ten months of his administration he had no Ministers. He relied heavily on the counsel of Permanent Secretaries and Judges who administered the country.
“They include Sir Adetokunbo Ademola (Chief Justices of the Federation), Alhaji Sule Katagum(the head of the Federal Civil Service Commission),the Solicitor General-Biliaminu Oladiran Kassim. Others are Mr. Phillip Asiodu, Alhaji Ahmed Joda, Mr.Eneli, Mr. B.N. Okagbue, Mr. Allison Ayida, Mr. Phillip Asiodu, Alhaji Abdul Aziz Atta, Mr. Buba Ardo who later became Supreme Court Judge, Alhaji Musa Daggash, Prince Festus Adesanoye who later became the Osemawe of Ondo and Mr. S.O. Williams. Some of them were referred to later as “super permanent secretaries.” And Mr. S.O. Wey who later became the Secretary to Government. There was also Mr. Ime Ebong who later became Permanent Secretary, Ministry of National Planning.
“It was not until June 3, 1967 that General Gowon brought eminent Nigerians including Chief Obafemi Awolowo, Chief Joseph Takar, Mallam Aminu Kano, Mr. Wenike Briggs, Alhaji Shehu Shagari, Alhaji Shettima Mongunu, Chief Okoi Arikpo, Chief Anthony Enahoro, Alhaji Femi Okunnu, Chief A.Y. Eke and Chief Edwin Clarke into his cabinet. Chief Obafemi Awolowo left the cabinet in 1971 for personal reasons. He later appointed some Military officers into his cabinet. They include Major General Emmanuel Eyo Ekpo (Agric) and Natural Resources), Brigadier Olusegun Obasanjo (Works and Housing), Brigadier Emmanuel Abisoye (Health), Lt. Col. Ahmadu Alli (Education), Captain OlufemiOlumide (Transport), Brigadier Murtala Muhammed (Communication), Brigadier Henry Adefowope (Labour) Col. Dan Suleiman (Special Duties) and Brigadier Mohammed Shuwa.
“Even then General Gowon did not make them members of the supreme military council yet he allowed the Permanent Secretaries to attend the meetings of the Supreme Military Council as observers. Worse still, Ministers could not pass memo directly to General Gowon. This arrangement created problems between his Ministers and his Permanent Secretaries till he was removed on July 29, 1975.
“Now forty –years after, the same scenario is being played.
“The recent appointment of Alhaji Ahmed Joda as Chairman of transition committee and the submission of his 800-page report to President Muhammadu Buhari is to emphasise that retired and serving civil servants will play key roles in the regime of President Muhammadu Buhari. Even though he is now a turned democrat, the military blood in the President is still alive. I am of the view that the Military trusts the civil servants more than the politicians and the civil servants in turn trust the Military than the politicians. The role to be played by the retired civil servants will become clearer in the months ahead. Let us keep our fingers crossed”.
“I cannot agree more with this intellectual analysis of the challenge at hand. It is a clear and present danger. PMB needs to act swiftly. Very swiftly. (To be continued).
THOUGHT FOR THE WEEK
“A self-fulfilling prophecy is an assumption or prediction that, purely as a result of having been made, cause the expected or predicted event to occur and thus confirms its own ‘accuracy.’” (Paul Watzlawick)
Opinion
ARISE Resort: A Symbol of Gov Umo Eno’s Visionary Leadership

Of all the developmental strides of the Umo Eno-led administration, it can be aptly asserted that nothing so completely symbolizes the transformational vision of the Governor as the ARISE Resort.
The Arise Resort, a majestic and scenic recreational facility, stands as a testament to Governor Eno’s commitment to creating spaces that foster community, recreation, and economic growth.
This iconic resort not only showcases the administration’s dedication to urban development but also serves as a hub for social activities, sports and family entertainment, thereby enhancing the quality of life for residents and visitors alike.
This project located in an vast area that was hitherto an erosion site reveals the power of vision, quality of delivery, sense of style, technological sophistication, high aesthetic finesse, superior intellectual output and the practical economic ingenuity that Governor Eno brings to the table.
One could ask, why is the recreational centre named the ARISE Resort? From hindsight, part of the answer is that the name “ARISE” encapsulates the transformative vision of Governor Umo Eno’s administration, which seeks to uplift and revitalize the state’s infrastructure, economy, and social fabric.
The name also reflects the
Resort’s purpose as a vibrant hub of activity, where people can come together to socialize, relax, recreate, and rejuvenate, thereby rising above the challenges of everyday life.
The audacious project which is one of the most visited sites by the Governor is an excellent realization of his vision to transform a previously dreaded ravine into a valuable asset for the state’s tourism industry.
The unique project which all began with the reclamation of the Udoinwang-Etim Okon Umana ravine, is handled by Bulletine Construction Company and has expanded into a multi-faceted initiative with new components added after each review.
When completed, the Resort will become a global tourist attraction with such features as: an artificial lake, a nine-hole golf course, sports facilities, children’s playground, restaurants, 1000-capacity conference hall, bars, restaraunts and chalets
Its carefully designed spaces capture both the natural beauty and leisure aspirations of the state, giving visitors a chance to also savour the finest culinary offerings within a scenic, green ambience.
Governor Umo Eno’s words at one of the unscheduled visits to the site is a fitting way to end this piece.
“This Resort can be compared to any in this region. It makes me happy because what was once just a dream is now becoming a reality. We have great people who have brought this vision to life, which is the essence of teamwork. I look forward to bringing my grandchildren here and running around with them,” he said.
Sent in by Ekemini James
Opinion
President Trump’s Transformation of the Democratic System

By Magnus Onyibe
President Donald J. Trump is actively reshaping the global political landscape, navigating the tension between globalization and fragmentation to establish a new order in the United States and, by extension, the world.
Before delving further into this discussion, I must disclose that I am an unapologetic supporter of the 47th President of the United States, Donald J. Trump. My support stems from my belief that he is undeniably a catalyst for change.
Many, including Democratic presidential candidates in the 2024 elections,ex president Joe Biden and former Vice President Kamala Harris, have accused Trump of seeking to dismantle democracy. However, a more accurate assessment is that he is challenging the status quo in Washington through radical policy shifts. While Democrats frame his actions as a threat to democracy, I see this as a misleading narrative,because changing the dynamics of democracy does not equate killing it.
Despite the alarm raised by his opponents, American voters prioritized economic concerns—rising inflation, the high cost of living, soaring housing prices, and the influx of undocumented immigrants—over the warnings about imminent death of democracy. It was these pressing issues that motivated voters to support Trump’s return to the White House.
The more than 77 million Americans who voted for him did so because they believe he was on a mission to address what they see as a “woke” and financially struggling America. According to the Oxford Dictionary, “woke” refers to those who are socially aware but is often used pejoratively to describe individuals perceived as self-righteous or overly dogmatic in their advocacy.
True to his promises, Trump wasted no time in implementing his agenda. During his inauguration, he took a strong stance against “woke” ideology by affirming that the U.S. Constitution recognizes only two genders—male and female—a direct challenge to the LGBTQ+ community. He has since followed through on his pledges by signing a series of executive orders aimed at radically reshaping America.
So, from my perspective, Trump is simply fulfilling the commitments he made during his campaign. The backlash from those negatively affected by his policies is therefore unsurprising, yet it should not overshadow the fact that he is delivering the change that millions of Americans willingly voted for, believing it will restore the country’s greatness.
As someone who embraces change, I am excited to see a leader who challenges the status quo in public leadership finally take charge. That leader is Donald J. Trump, who has now assumed office in the White House, the seat of U.S. political power.
Given President Tinubu’s huge appettite for change which has wrought on Nigeria in the past 2O months,he may be said to be cut from the same cloth with Trump, literally speaking.
Mr. Trump as the leader of the free world- U.S, exerts enormous influence on global affairs, reinforcing the popular saying: when America sneezes, the rest of the world catches a cold. This is evident in Trump’s decision to impose tariffs on key trading partners—25% on Mexico, 25% on general goods plus 10% on Canadian oil, and 10% on China—primarily to curb illegal immigration and combat the flow of fentanyl, a deadly drug ravaging American communities.
Before Trump even took office, his threats of tariff hikes caused global concern. However, World Trade Organization (WTO) Director-General Dr. Ngozi Okonjo-Iweala, speaking at the World Economic Forum (WEF) in Davos, urged caution: “I am concerned, but my approach is to stay calm. Let’s wait to see what policies are actually enacted before overreacting.”
Despite this advice, some countries affected by the new tariffs —especially Mexico and Canada—have already announced retaliatory tariffs, raising fears of an all-out trade war. Meanwhile, China has opted for a legal approach, filing complaints against the U.S. through the WTO.
As the head of the WTO, Dr. Okonjo-Iweala will play a crucial role in resolving this looming global trade conflict. Given her extensive experience—including her tenure at the World Bank and her ongoing second term as WTO chief—there is hope that she can help de-escalate tensions.
Anticipating the economic impact of the trade war, President Trump has urged Americans to brace for temporary hardships, acknowledging that tariffs might contribute to inflation. However, he remains confident that the outcome will ultimately benefit the country, declaring: “This will be the golden age of America. Will there be some pain? Yes. But we will make America great again, and it will be worth the price.”
This sentiment is reminiscent of Nigerian President Bola Tinubu’s remarks when he removed the long-standing fuel subsidy and floated the naira, leading to economic hardship for Nigerians. He reassured the nation, saying: “I understand that our people are suffering, but there can be no childbirth without pain. The joy of childbirth is the baby. Relief comes after the pain. Nigeria is being reborn.”
Remarkably,Trump’s policies signal a fundamental shift away from globalization—a concept introduced between 1870 and 1914 and later popularized in 1983 by economist Theodore Levitt in his essay titled “The Globalization of Markets.” The current global order, shaped by decades of economic integration, now faces disruption under Trump’s America First doctrine, which prioritizes national interests over international cooperation.
Interestingly, Trump’s long-held stance on tariffs is not new. In a resurfaced 1978 interview with Oprah Winfrey, he expressed similar views, making it clear that his current trade policies have been decades in the making.
While trade wars typically harm weaker economies (when elephants fight, the grass suffers), Africa might stand to benefit from this geopolitical shift. As tensions escalate among major trading partners—U.S., Canada, Mexico, and China—Africa, historically seen as merely a source of raw materials, could emerge as an alternative manufacturing hub.
For instance, Nigeria’s oil exports to the U.S. declined significantly under President Barack Obama, with Canada and Mexico becoming America’s top crude suppliers. However, if the trade war leads to disruptions in North American oil exports, Trump may turn back to Nigeria, currently the 8th largest supplier, to fill the gap.
So, rather than viewing Trump’s policies as purely negative, it may be worth considering the potential opportunities they create for Africa. As a matter of fact , instead of getting caught up in narratives of doom and gloom, could this be a moment for the continent to reposition itself as a key player in the evolving global trade landscape?
I would argue that it is time for the world to recognize that Africa is not a problem to be solved but a vital part of the global solution. Thats owed to the fact that the continent holds vast reserves of critical minerals essential for the energy transition that the world desperately seeks. Rather than being viewed merely as a supplier of raw materials, Africa should be seen as a prime destination for investment and industrial partnerships.
There is a well-known economic principle that a rising tide lifts all boats and yachts. In that spirit, industrialized nations like the U.S. and China must acknowledge that Africa—home to 54 countries and a population of approximately 1.5 billion, larger than China’s 1.3 billion and rivaling India’s 1.4 billion—is not a charity case but an investment opportunity.
As a long-time advocate for Africa’s economic resurgence, I have consistently argued that the continent needs trade, not aid. So, it is imperative that major global economies shift their perception of Africa from a passive recipient of aid to an active economic partner. Historically, Africa has been exploited—most notably through the partitioning of the continent at the 1884–1885 Berlin Conference, where European powers divided African territories for their own benefit. As a result, Africa has remained marginalized in global trade, accounting for less than 3% of total global trade, despite having 18% of the world’s population.
To secure a greater share of global trade, Africa must be integrated into the evolving international economic order. Without disruptions to the existing system—such as those triggered by President Trump’s policies—meaningful change is unlikely. Given the resistance Africa has faced in its bid to gain a permanent seat on the UN Security Council, a fundamental shift in global power structures, like the one Trump is advocating, may be necessary for Africa to be taken seriously as a key player in international trade.
At this moment in history, the world may actually benefit from the tensions between defenders of the entrenched old order and leaders like Trump, who are determined to shake up the system. Since assuming office on January 20, 2025, Trump has been implementing the bold changes he promised during his campaign. In my assessment, the mandate given to him by American voters provides a unique opportunity to push for a rebalancing of global trade and governance.
Throughout history, transformative change has always required bold action. If astronauts had not pushed boundaries, Neil Armstrong would never have walked on the moon in 1969, a breakthrough that reshaped human understanding of the universe. Similarly, astronomer Galileo’s discoveries challenged the belief that the Earth was flat, while it is actually cylindrical paving the way for modern scientific thought. It is this same drive for progress that appears to be fueling Trump’s disruptive approach to governance.
Keyu Jin, a professor of economics and author of The New China Playbook, recently highlighted a growing shift in global trade patterns, noting that China and other nations have been diversifying their markets away from the U.S. even before the current tariff wars. Therefore,Trump’s policies are merely accelerating this trend. In Europe, for instance, we are seeing a rise in nationalist-leaning leaders, particularly in France and Germany, who are also prioritizing domestic interests over globalism.
This geopolitical realignment is further evident in the expansion of BRICS—a coalition of Brazil, Russia, India, China, and South Africa—which has recently welcomed new members like Saudi Arabia, Iran, and Egypt. As more countries join BRICS in an effort to counterbalance U.S. influence, and attempts to reduce dependence on the U.S. dollar in global trade may intensify. The general belief is that if America continues using tariffs as a tool to pressure its trading partners, it risks pushing them further toward alternative alliances, potentially diminishing its own economic influence. But would that really be the case?
For Africa, this shifting landscape presents an opportunity. If trade flows are redirected away from the U.S., Africa could gain a larger share of global commerce—but only if the continent positions itself strategically. With the establishment of the African Continental Free Trade Area (AfCFTA), headquartered in Ghana, Africa is already laying the groundwork to take advantage of this new world order.
While Trump’s critics have valid concerns about the potential risks of his sweeping policy changes—particularly the hardship caused by the deportation of undocumented immigrants and disruptions in U.S. aid to Africa( which was later restored) it is also worth considering the potential long-term benefits of a restructured global economy.
The changes unfolding in global trade could open up unprecedented opportunities for Africa. If the continent plays its cards right, it could emerge as a major beneficiary of the ongoing shake-up. So, instead of viewing Trump’s policies solely through the lens of crisis, perhaps it is time to explore how Africa can leverage this moment to secure a more equitable role in the global economy.
A US based Nigerian Professor Ndubuisi Ekekwe describes Trump’s leadership as a “tsunami-earthquake-storm” approach, highlighting the unprecedented nature of shutting down USAID. According to him, this move signals a clear message to the world—that America has no obligation to fund or influence other nations through soft power. However, he suggests that this could actually be a positive development if African leaders step up and take responsibility.
He further explains how foreign aid often distorts markets and hinders sustainable development. For instance, an entrepreneur might develop a viable product in healthcare, education, or agriculture, only for an aid agency to introduce a similar product for free. This forces local businesses to shut down, and once the aid funds disappear after a few years, communities are left worse off, having lost both the external support and the local solutions that were once in place.
Rather than panicking over these funding cuts, Professor Ekekwe urges African governments to seize the opportunity by creating systems to identify and assist citizens in need. He argues that without external interference, local businesses can step in to fill market gaps, and governments can provide targeted support to those who truly require it. He points out that Africa has a long history of self-reliance and should return to indigenous solutions rather than depending on unpredictable foreign aid.
This perspective aligns with the arguments earlier made by economist Dr. Dambisa Moyo in her ground breaking book “Dead Aid”, where she contends that Western aid has done more harm than good in Africa.
Considering Trump’s repeated assertion that his second term marks a “golden age” for America, it is possibly a golden age for Africa too as the continent could benefit—if it strategically positions itself to take advantage of the shifting global order being shaped by Trump’s policies.
Magnus Onyibe, a public policy analyst, author, democracy advocate, development strategist, alumnus of the Fletcher School of Law and Diplomacy, Tufts University, Massachusetts, USA, and a former commissioner in the Delta State government, (2003-2007) sent this piece from Lagos, Nigeria.
To continue with this conversation and more, please visit www.magnum.ng.
Opinion
EFCC in the Eye of the Storm!

By Ayo Oyoze Baje
With comments such as ” embarrassing”, “shameful” and ” disturbing” trailing the recent revelations that not less than 27 officers of the Economic and Financial Crimes Commission, EFCC were reportedly dismissed for acts of misconduct and fraudulent activities in 2024 alone, the clarion call for full-fledged investigations into what really happened has become a necessity. This is compelling because the alleged acts of fraud span from Lagos to Kaduna Zonal Commands. And given the delicate duty hinged on the matching mandate of the EFCC he who comes to equity must do so with clean hands.
But sadly, according to the spokesperson of the federal government agency, Dele Oyewale as revealed on January 6, 2025 the EFCC has started investigating ” a trending $400, 000 claim of a yet – to – be – identified supposed staff of the agency against a sectional head”. But that was just a tip of the iceberg. Some two days later, precisely on January 8, of this year 10 officers of the Lagos Zonal Command were detained over the theft of operational items.
Listed amongst the missing items are gold bars valued at over N1 billion. That is in addition to some precious jewelry and cash of between $350,000 and $400,000. Though the agency is yet to speak on what took place at the Kaduna Zonal Command, an officer simply identified as Polycarp allegedly stole a humongous amount claimed to be over $30,000 in addition to other valuable items.Such an embarrassing situation certainly triggers some flaming questions.
For instance, how do we explain the scandalous scenario that an anti-graft agency of the stature of the EFCC could not provide adequate security for expensive exhibits, including gold and mouth-watering amounts of raw cash? How would any officer, trained to fight for and recover stolen materials and money blame the prevailing poverty and high cost of living in the country as the factors of temptation for his shameful and unpatriotic act? Good leaders do not give excuses for dereliction of duty. Not at all. Rather, they should muster the moral courage to rein in the insidious urge to attempt to convert what does not belong to one as his, for whatever reason. That brings us to the nitty-gritty of the Act which established the EFCC.
Propelled by the Establishment Act first enacted in 2002 and subsequently amended in 2004 the matching mandate of the Economic and Financial Crimes Commission, EFCC is to frontally combat both economic and financial crimes. To bolster its performance the Act enables the Commission to prevent, investigate, prosecute and penalize economic and financial crimes in their various shades. Good enough, the EFCC is also charged with the responsibility of executing the provisions of other laws and regulations that are related to economic and financial crimes.
In its distilled essence, these laws are embedded in Section 7(2) of the Establishment Act 2004. These include Money Laundering Act 1995, Money Laundering (Prohibition) Act 2004 as well as Advanced Fee Fraud and other related Offence Act 1995. Not left out are the Failed Bank Act, 1994, the Criminal Code and the Terrorism Act 2011. But the recent revelations of odious acts of deliberate criminality carried out by officers of the EFCC run against the grains of the fight against corruption. They must therefore, be brought to the public sphere for proper scrutiny while the agency should beam a brighter searchlight into its inner structures to plug the widening loopholes.
Beginning with its recruitment process, it has become expedient for a more thorough assessment of the moral standards of any Nigerian citizen presenting himself for any of the available posts before he is employed there. Also significant is the need to guarantee the safety and security of all forms of exhibits -be it gold, jewelry or cash-preferably in bank vaults. Doing so will cut off any access to them.
From the point of view of security experts it amounts to unprofessional act not to have mechanisms firmly in place to ensure both safety and accountability of the exhibits. And if the EFCC decides to keep them within its purvey they should be well secured with multiple layers of protection provided. With such a guarantee it means that if the court finally decides in favour of the defendants, or those alleged to have stolen the recovered items they would be fully returned, without spurious claims of such to have been stolen by operatives of the EFCC. That brings us to what punishments should be meted out to the culprits.
Beyond their outright dismissal from office, they should be prosecuted and made to face the full wrath of the law. If perhaps, they have relocated outside the country the use of biometrics on record will be handy to trace and track them down.That would send the right punitive message and serve as a form of deterrence, to others with similar inclination to steal. But then, the question on the lips of concerned Nigerians is why all these acts of malfeasance are coming up at this point in time?
While some observers of the goings on at the EFCC have applauded the Chairman, Olanipekun Olukayode for mustering the leadership will to ensure probity and accountability in the operations others are not impressed by the method of night raids. Also, with the viral video of one Idris Okunaye, aka Bobrisky who claimed that some operatives of the agency collected N15 million from him to absolve him of the charge of money laundering, though later denied, the image of the EFCC is currently at stake.
But we urge Olukayode to continue with the internal cleaning up process, go ahead with the auditing of the recovered items on Zonal Command basis and ensure their security. He should review the night operations that have led to some deaths of the officials, strengthen oversight functions while doing away with problems traced to political interference.
As the Centre for Anti-Corruption and Open Leadership has rightly demanded for the internal cleansing should be holistic and devoid of manipulations from the corridors of political power.
Indeed, to restore public confidence in the EFCC it must free itself from the antics, sentiments and threats from the executive arm of government at the state and federal government levels. That would also reinforce the standard of morality in the nation, which has been rubbished by the crass, crude and criminal culture of impunity. With some of those who have pilfered the national treasury dry still walking our streets as free men and women, it is hard to discourage our rudderless youths from all forms of fraudulent practices. But we cannot continue to tread that path of perfidy. Not at all.
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