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Opinion

The Oracle: When Govt Deregulates Nigerian People’s Lives

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By Mike Ozekhome

INTRODUCTION

The total deregulation of the downstream petroleum sector by this clueless and anti-people government amounts to nothing but deregulating the already miserable lives of Nigerians. No government can be more insensate and insensitive to the plight of the already overburdened common man and common woman in Nigeria. On the three key indices of governance by President Muhammadu Buhari when he campaigned for the office of President in 2014-2015, he has failed, abysmally, on them all, economy, security and anti-corruption. We shall analyse these areas.

WHAT IS DEREGULATION?

Deregulation of the petroleum sector simply means that the government will no longer be making petroleum products available to the public, but will now allow its price to be determined by the market forces of demand and supply.

DEREGULATION IN SOME COUNTRIES

Deregulation policy has been embraced by many countries across the world, such as Peru, Argentina, Philippines, Canada, USA, Pakistan, Mexico, Thailand and Venezuela. These countries have thereby systematically dismantled their state-owned oil companies in favour of private sector participation.

ADVANTAGES AND DISADVANTAGES OF FULL DEREGULATION

Before this clueless government besieges us with inanities and cheap economics as regards why total deregulation is necessary, let me quickly inform it that every Tom, Dick and Harry already knows the benefits of total deregulation. It is so trite and elementary that it is no rocket science.

Total deregulation enables the private sector to drive petroleum policy by establishing and operating refineries, refining jetties and depots, importing and exporting petroleum products and converting crude oil to refined and petrochemical products, finer chemicals, gas treatment, as well as transporting and marketing the products.

WHY NIGERIANS ARE ANGRY

What Nigerians are angry at is the bare-faced hypocrisy of this government, whose major actors and actresses literally bayed for the blood of President Goodluck Jonathan in January 2012 for daring to remove subsidy and jerking up petroleum price to N141 per litre. Even after reducing it to N97, they conspired with some civil society organisations (CSOs), the organised labour, “Occupy Nigeria” group, etc, from about 2nd to 12th January, 2012, to fight Jonathan. Many genuine and fake emergency rights activists and historical revisionists were also recruited. They grounded Nigeria and forced Jonathan out of power. From Abuja, Minna, Lagos (especially Ojota), Ilorin, Ibadan, Lokoja to Kano, Nasarawa and Asaba, Nigeria’s government was completely shut down. There was mass hysteria, anger, arson, tears, sorrow and blood, forcing Jonathan to beat a hasty retreat. Nigerians are today more angry because the government of the same dramatis personae has conspired to exacerbate their pains and pangs through the insensate and insensitive timing of the deregulation. They are angry that it is doing so at a time when other decent countries of the world are giving succour to their citizens with palliatives, and cushioning the searing effect of the COVID-19 pandemic.

Nations across the world are providing social welfare, subsidising essential goods and products, pumping money into the economy, giving free rents, food, medicaments, necessaries, tax holidays, mortgages, recesses, etc, to their citizens. In Nigeria, the reverse is the case.

FACT VERSUS FICTION

So, before the government cheaply sermonises that deregulation will provide employment to millions of Nigerians directly and indirectly, we must remind it that the hike in petroleum prices, which has gone to over N180 in some cities, will and has, indeed, already increased inflation and worsened the living standard of already poor Nigerians.

Before the government thumps its chest and gloats over deregulation as attracting new foreign direct investment in the petroleum industry, expanding downstream sector, increasing competition and improving the refineries, pipelines, trucks, depots and filling stations, and ultimately leading to cheaper prices, let me tell the same government that it is the common man and woman that bear the full brunt at the end of the day. Prices of commodities have simply tripled, thus, increasing their woes, miseries and harsh living environment.

Before this directionless government inundates us with the recycled story that it is the “big men and women,” corrupt politicians and roguish importers who have been enjoying regulation and subsidy and so must be stopped, let me tell the same government that these same classes of people have now increased geometrically under the same government. Where mere rodents and millipedes crawled in the sector before now, they have, since 2015, metamorphosed into deadly vipers, vampires, rattle snakes and blood-suckers.

Before this government pontificates that deregulation will ultimately be beneficial to the Nigerian people, let me inform the same government that price regulation (in spite of its obvious disadvantages) in a country like Nigeria, which has a mono-product, has dire consequences and negative multiplier effects on the socio-economic and political life of already impoverished Nigerians, whose lives of despondency have continually been played like a yoyo on the political chessboard of guinea-pig Nigerians. Let the government know that, under Section 14 (1) (b) of the 1999 Constitution, “the security and welfare of the people shall be the primary purpose of government”.

The government must be told that “sovereignty belongs to the people of Nigeria from whom government through this Constitution derives all its powers and authority” (Section 14 (1) (a)).

Let the government know that it has no fiscal discipline and that price stability is required in a “disarticulate economy” (as put by the late Prof. Claude Ake), where Nigeria produces goods she cannot consume (crude oil) and consumes goods she cannot produce (petrol). Let this compassless government know that total removal of petroleum subsidy is a volatile and politically sensitive matter in a developing country like Nigeria, which is replete with massive corruption, religious and ethnic cleavages, low per capita income on a non-living wage, high unemployment rate, infrastructural decay, ignorance, superstition, zero welfare system, and high population growth. Here comes the Malthusian Theory of Population.

According to the great economist, Thomas Robert Malthus, who propounded the theory, there must be a way to establish a balance between population growth and food supply, through preventive positive checks. The theory is based on the reality of “exponential population and arithmetic food supply growth.”

Let this government be reminded that deregulation means further devaluation of the already weakened naira, which now exchanges for between N450 and N480 per dollar, whereas it exchanged for between N157.4 to N158.7 to the dollar in 2012, when President Jonathan deregulated, and Nigerians immediately beat him back with bare knuckles. Remind this propagandist government that it is under it that a snake allegedly swallowed N36 million; that we had an alleged corrupt grass-cutting SGF (N544.1 million); that we had a former head of the Pension Fund who allegedly fraudulently “chopped” over N100 billion pension fund; where N378 billion ($1.05m) allegedly grew wings and flew away from NNPC’s coffers; where ICPC uncovered alleged N18.62 billion padding scam by some MDAs; and where contractors in CBN and MDAs allegedly inflated contracts to the tune of N26.86 billion, among others.

Let this government learn that it is severely and gravely contradicting itself by rejecting the much overdue restructuring of Nigeria, while at the same time embracing wholesome deregulation. The government does not appear to appreciate that deregulation must inevitably lead to restructuring, in which the oil-bearing states and communities will be positioned to control and manage their own God-given resources.

Let this government appreciate that no private investor, especially foreigners, will ever come and invest in a Nigerian economy that is “fantastically corrupt” (President Muhammadu Buhari’s own words); where there is sustained disobedience to court orders; where rule of law is observed more in breach than in adherence; and where the fundamental rights of the citizens are trampled upon with impunity.

REVISITING HISTORY

In 2011, nearly nine years ago, I had reacted to the NBA’s own reaction to President Jonathan’s then planned removal of petroleum subsidy. The NBA had argued that subsidy removal was good, but that the time was not ripe for it. I had waded in and argued as follows, on November 30, 2011, (an argument I have not seen any reason to depart from 9 years later):

“In jurisdictions where subsidy is removed, the infrastructure are in good shape, hospitals are in good shape and the roads, very good. There’s water, abundant health facilities and educational opportunities. Capacity building and employment opportunities are there. But, in the case of Nigeria, the common man is already bearing the brunt of impoverishment within the society. To remove fuel subsidy now is to further impoverish that common man…

“For us to remove the subsidy now, the common man will be trampled upon. So, the NBA is saying some of infrastructural facilities should be put in place before the subsidy is removed…

“In Nigeria, economic forces do not appear to obey or honour the Newtonian Law of motion. The law of motion propounded by Isaac Newton states that everything that goes up must come down. But, in Nigeria, when it goes up, it continues to go up, up and up…

“So, what the NBA is saying is that we agree that the oil subsidy would be removed, but phase it in a timeline of about seven years doing A, B, C and D; break the backbone of the cartel and build more refineries, remove corruption and leakages.

“Then begin to repair the existing refineries, licence more private people to build more refineries. After all, the Igbos were refining crude oil during the civil war. And they were using it to run their vehicles. So, what happened, 41 years after the end of the civil war in January 1970, that we cannot refine our oil?

“My argument is subsidising your products is a misnomer. A farmer does not subsidise his yam to be able to eat it. If we produce crude oil, we should be able to enjoy crude oil as a God-given gift, without having to pay the same rate, which obtains internationally, because it is an advantage that we have oil. We cannot live by the river and still wash out hands with spittle. But, from all indications, it appears that, at the end of the day, whether today or tomorrow, or five years’ time, there is no way we cannot deregulate this sector of the economy because that is the norm across the world. But, first, put in place facilities that will cushion the inevitable inconveniences and suffering that will emanate from subsidy removal.

“The government should also ensure it curbs corruption that has always beset the sector. Between 1981 and 1982 when I was a youth corper, I bought a small Subaru car, I was fueling it with 20 kobo from Lagos to Agenebode. But, today, you need an average of about N20, 000 to fuel the same car. The question is: Why has there been a geometrical increase in the prices of oil without a comparative geometrical increase in the comfort and living standards of the people?”

Six years later, I am vindicated. I now say, ten years later, I am today more vindicated.

FUN TIMES

“Interviewer: Why do you want to work with us?

Job seeker: Can you do all the work alone?”

 THOUGHT FOR THE WEEK

“Deregulation is the government code word for facilitating corporate fraud.”

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Opinion

How an Organist Can Live a More Fulfilling Life

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By Tunde Shosanya

It is essential for an Organist to live a fulfilling life, as organ playing has the capacity to profoundly and uniquely impact individuals. There is nothing inappropriate about an Organist building their own home, nor is it unlawful for an Organist to have a personal vehicle. As Organists, we must take control of our own futures; once again, while our certificates hold value, organ playing requires our expertise. We should not limit ourselves to what we think we can accomplish; rather, we should chase our dreams as far as our minds permit. Always keep in mind, if you have faith in yourself, you can achieve success.

There are numerous ways for Organists to live a more fulfilling and joyful life; here are several suggestions:

Focus on your passion. Set an example, and aim for daily improvement.

Be self-reliant and cultivate harmony with your vicar.

Speak less and commit to thinking and acting more.

Make choices that bring you happiness, and maintain discipline in your professional endeavors.

Help others and establish achievable goals for yourself.

Chase your dreams and persist without giving up.

“Playing as an Organist in a Church is a gratifying experience; while a good Organist possesses a certificate, it is the skills in organ playing that truly matter” -Shosanya 2020

Here are 10 essential practices for dedicated Organists…

1) Listen to and analyze organ scores.

2) Achieve proficiency in sight reading.

3) Explore the biographies of renowned Organists and Composers.

4) Attend live concerts.

5) Record your performances and be open to feedback.

6) Improve your time management skills.

7) Focus on overcoming your weaknesses.

8) Engage in discussions about music with fellow musicians.

9) Study the history of music and the various styles of organ playing from different Organists.

10) Take breaks when you feel fatigued. Your well-being is vital and takes precedence over organ playing.

In conclusion, as an Organist, if you aspire to live towards a more fulfilling life in service and during retirement, consider the following suggestions.

1) Plan for the future that remains unseen by investing wisely.

2) Prioritize your health and well-being.

3) Aim to save a minimum of 20 percent of your monthly salary.

4) Maintain your documents in an organized manner for future reference.

5) Contribute to your pension account on a monthly basis.

6) Join a cooperative at your workplace.

7) Ensure your life while you are in service.

8) If feasible, purchase at least one plot of land.

9) Steer clear of accumulating debt as you approach retirement.

10) Foster connections among your peers.

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Opinion

The Power of Strategy in the 21st Century: Unlocking Extraordinary Possibilities (Pt. 2)

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By Tolulope A. Adegoke PhD

“In Nigeria, strategy is not an abstraction imported from elsewhere—it is forged daily in the crucible of reality. Here, global principles meet local truths, and the strategies that work are those humble enough to learn from both. The future of this nation will be written not by those who wait for solutions, but by those who create them from the raw materials of our own experience” – Tolulope A. Adegoke, PhD

Introduction: Why Strategy Matters More Than Ever

There was a time when strategy meant creating a detailed plan and sticking to it for years. You would map everything out, follow the steps, and expect success to follow. That world no longer exists.

Today, change happens too fast for rigid plans. Industries transform overnight. Skills that were valuable last year become obsolete. Global events ripple through local economies in ways we could never predict. In this environment, strategy has evolved into something more dynamic—less about predicting the future and more about building the capacity to navigate it successfully.

This is the power of 21st-century strategy. It helps individuals chart meaningful careers in uncertain times. It enables businesses to thrive despite constant disruption. It allows nations to build prosperity that outlasts any single administration.

Nowhere is this more evident than in Nigeria. Here, strategy is not an abstract exercise. It is a daily necessity. Nigerians navigate unreliable infrastructure, policy shifts, and economic volatility while pursuing their ambitions. The strategies that work here are not imported from textbooks. They are forged in the reality of local experience—blending global knowledge with gritty, on-the-ground wisdom.

This exploration looks at how strategy works at three levels in Nigeria: for the person trying to build a meaningful life, for the business striving to grow, and for the nation working to secure its future.

Part One: For the Nigerian People—Redefining Success in a Changing World

The Old Promise That No Longer Holds

Not long ago, the path to a good life seemed clear. You went to school, earned your degree, found a job, and worked your way up. That degree was your ticket. It signaled to employers that you had what it takes.

That promise has broken.

Today, Nigeria produces hundreds of thousands of graduates each year. Many of them are brilliant. Many of them struggle to find work. The degree that once opened doors now barely gets a foot in. Employers have changed what they look for. They want to know not what you studied, but what you can actually do.

This is not unique to Nigeria. It is happening everywhere. But in Nigeria, where formal jobs are scarce and the youth population is massive, the shift hits harder. For the average Nigerian young person, the message is clear: waiting for someone to give you a job is not a strategy.

A New Way of Thinking About Yourself

The most important strategic shift for any individual is this: stop thinking of yourself as someone looking for work and start thinking of yourself as someone who creates value.

This is not just positive thinking. It is a fundamental change in perspective. When you see yourself as a value creator, you ask different questions. Not “who will hire me?” but “what problems can I solve?” Not “what jobs are available?” but “where can I apply my skills?” Not “what degree do I need?” but “what can I learn to become more useful?”

This mindset matters because it puts you in control. You are no longer waiting for opportunities to be given to you. You are actively looking for ways to contribute. And in an economy where problems are everywhere, people who can solve them will always find a way to earn a living.

What Skills Actually Matter Today

If degrees no longer guarantee success, what does? The answer lies in skills that are both practical and adaptable.

Problem-solving sits at the top of the list. Every organization, every community, every family faces challenges. People who can look at a difficult situation and figure out a way forward are always needed. This skill does not come from a textbook. It comes from practice—from learning to think clearly when things go wrong.

Communication matters more than most people realize. The ability to express ideas clearly, to listen carefully, to persuade others, to write simply—these are not soft skills. They are the tools we use to turn thoughts into action. In any field, people who communicate well stand out.

Digital literacy is no longer optional. It is the baseline. Using spreadsheets, collaborating on online platforms, understanding how data works, knowing your way around common software—these are not technical skills for specialists. They are basic tools for modern work. Without them, you are locked out of most opportunities.

Adaptability might be the most important of all. The willingness to learn new things, to admit what you do not know, to try something different when the old way stops working—this is what keeps people relevant over a lifetime. The person who can learn will always find a place. The person who stops learning will eventually be left behind.

Learning That Fits Real Life

The traditional model of education assumes you learn first and work later. You spend years in school, then you start your career. But in a fast-changing world, that model breaks down. By the time you finish learning, what you learned may already be outdated.

This is why many Nigerians are turning to micro-credentials—short, focused courses that teach specific, job-ready skills. These programs take weeks or months, not years. They cost a fraction of what university costs. And they signal clearly to employers what you can do.

A certificate in data analysis, digital marketing, project management, or solar installation tells a clear story. It says: I have this specific skill, and I can apply it right now. For employers, that is often more valuable than a general degree.

The beauty of this approach is flexibility. You can learn while working. You can stack credentials over time, building a portfolio of skills. You can pivot when opportunities shift. This is lifelong learning made practical—not an ideal, but a working strategy for staying relevant.

Taking Control of Your Financial Life

Strategy also applies to money. For years, most Nigerians had limited options. You saved what you could, kept it at home or in a bank, and hoped it would be enough. Inflation often ate away at whatever you managed to put aside.

Technology has changed this. Today, anyone with a smartphone can access tools that were once available only to the wealthy. Apps allow you to save automatically, invest small amounts, and get advice tailored to your situation. You can build a diversified portfolio with whatever you have. You can protect your money against inflation. You can plan for goals that matter to you.

The key is to start early and stay consistent. Small amounts saved regularly, invested wisely, grow over time. This is not about getting rich quick. It is about building a foundation that gives you choices. The person with savings can take risks. The person with investments can weather storms. Financial strategy is not just about money—it is about freedom.

Part Two: For Nigerian Businesses—Thriving in a Complex Environment

 

The End of the Five-Year Plan

There was a time when companies created detailed five-year plans and followed them religiously. Those days are gone. Markets move too fast. Technology changes too quickly. Consumer behaviour shifts in ways no one predicts.

Today, successful companies think differently. They set direction but stay flexible. They plan but remain ready to pivot. They treat strategy not as a document but as a continuous conversation—a way of making decisions in real time as new information emerges.

This is especially true in Nigeria, where the business environment presents unique challenges. Electricity is unreliable. Roads are poor. Policy can change overnight. Currency fluctuations affect everything. Companies that succeed here learn to adapt constantly. Rigidity is a recipe for failure.

What Digital Transformation Really Means

Every business today hears about digital transformation. But in Nigeria, going digital looks different than it does elsewhere.

You cannot simply move everything online and expect it to work. Internet access is not universal. Many customers prefer cash. Trust is built through personal relationships, not just websites. The purely digital model that works in London or Singapore will hit walls here.

Successful Nigerian companies understand this. They build hybrid models—digital at the core, but with physical touchpoints where needed. They offer online ordering and offline delivery. They accept digital payments but also cash. They use technology to enhance relationships, not replace them.

This is not a compromise. It is a sophisticated adaptation to local reality. The companies that get it right are not less digital. They are more intelligent about how digital actually works in their context.

Digital maturity matters more than digital adoption. This means building systems that function even when infrastructure fails. It means training people to use tools effectively. It means integrating technology into every part of the business, not just tacking it on at the edges. Companies that achieve this maturity outperform their competitors consistently.

Building Trust in a Low-Trust Environment

Nigeria faces a trust deficit. Years of broken promises, failed institutions, and economic volatility have left people cautious. Consumers do not easily trust businesses. Employees do not easily trust employers. Partners do not easily trust each other.

For companies, this is both a challenge and an opportunity. The businesses that earn trust stand out. They build loyal customer bases. They attract committed employees. They form partnerships that last.

Building trust takes time and consistency. It means delivering what you promise, every time. It means being transparent when things go wrong. It means treating customers and employees with respect, not as transactions. It means showing up consistently, even when it is difficult.

Some of Nigeria’s most successful companies have built their reputations on this foundation. They are not necessarily the flashiest or the most innovative. They are the ones people know they can count on. In an environment where trust is scarce, reliability becomes a competitive advantage.

The Power of Collaboration

The old model of business assumed competition was everything. You fought for market share. You protected your secrets. You went it alone.

That model is breaking down. The challenges businesses face today are too complex for any single organisation to solve alone. Climate change affects everyone. Skills gaps require industry-wide responses. Infrastructure deficits need collective action.

Forward-thinking Nigerian companies are embracing collaboration. They share data with competitors to build industry standards. They partner with government on infrastructure projects. They work with educational institutions to shape curricula. They understand that when the whole ecosystem grows, everyone benefits.

This is not charity. It is enlightened self-interest. A rising tide lifts all boats. Companies that invest in the broader environment create conditions for their own success.

Artificial Intelligence: Proceed with Purpose

Artificial intelligence is everywhere in business conversations. The hype is enormous. The fear of being left behind is real.

But for Nigerian companies, the strategic question is not whether to use AI. It is how to use AI wisely. Jumping on every trend without purpose leads nowhere. Building AI capabilities without governance creates risk.

The smart approach starts with problems, not technology. What specific challenges does your business face? Where could better data or smarter algorithms help? What decisions could be improved with more insight? These questions point to where AI might actually add value.

Equally important is data governance. AI learns from data. If your data is poor, your AI will be poor. If your data is biased, your AI will be biased. If your data is insecure, your AI creates vulnerability. Building strong data practices is not a technical detail. It is a strategic foundation.

Some Nigerian companies are already showing the way. They are using AI to assess credit risk for customers without formal banking history. They are using it to predict crop yields for farmers. They are using it to personalize learning for students. These applications solve real problems. They are not imported from elsewhere. They are built for Nigeria, by Nigerians.

People First: The Talent Challenge

Every business leader in Nigeria will tell you the same thing: finding and keeping good people is the hardest part of the job. The best talent is scarce. Competition is fierce. Many of the brightest leave for opportunities abroad.

This makes talent strategy central to business success. Companies that win the talent game win everything else.

What does good talent strategy look like? It starts with recognizing that people want more than money. They want to grow. They want to be valued. They want to do work that matters. Companies that provide these things attract and retain better people even when they cannot pay the highest salaries.

This means investing in training and development. It means creating clear career paths. It means building cultures where people feel respected and supported. It means giving people autonomy and trusting them to do good work.

Some Nigerian companies have built their own universities—internal training programs that develop talent systematically. Others partner with online learning platforms to give employees access to courses. Others create mentorship programs that connect experienced leaders with younger staff. These investments pay back many times over in loyalty, productivity, and innovation.

Part Three: For the Nigerian Nation—Building a Future That Works for Everyone

From Short-Term Thinking to Long-Term Vision

For decades, Nigerian governance has been shaped by election cycles. Each new administration brings its own plans, its own priorities, its own language. Programmes start and stop. Momentum is lost. Progress is fragmented.

This is changing. Slowly but significantly, Nigeria is building long-term strategic frameworks that outlast any single government. The Nigeria Agenda 2050 looks three decades ahead. The Renewed Hope Development Plan (2026-2030) translates that vision into concrete action for the next five years. These documents are not just paperwork. They represent a commitment to continuity—a recognition that real development takes time and persistence.

The shift matters because it changes how decisions get made. When long-term goals are clear, short-term choices can be evaluated against them. Does this policy move us toward the future we want? Does this budget advance our long-term priorities? These questions create discipline. They reduce the risk that immediate pressures will derail important work.

The Nigeria First Approach

There is a quiet revolution happening in Nigerian economic thinking. It is captured in the phrase “Nigeria First.”

For too long, Nigeria has been a consumer of other people’s products. We import what we could make. We buy what we could build. We send our resources abroad and buy back finished goods at higher prices. This pattern has kept us dependent. It has limited our industrial development. It has cost us jobs.

The Nigeria First approach aims to change this. It says: where possible, we should buy Nigerian. We should build Nigerian. We should invest in Nigerian capabilities.

This is not protectionism. It is strategic procurement. Government spending accounts for a significant portion of the economy—as much as 30 percent of GDP. When that money flows abroad, it creates jobs elsewhere. When it stays home, it builds local industry. Directing even a portion of procurement toward Nigerian producers could unlock millions of jobs and stimulate manufacturing capacity.

Agencies like NASENI (National Agency for Science and Engineering Infrastructure) are driving this agenda. They are not just talking about local manufacturing. They are building it—developing products, training innovators, creating infrastructure for strategic industries like battery manufacturing. They are proving that Nigerians can make world-class products.

The challenge now is scaling this approach. Moving from pilot projects to systemic change. Embedding Nigeria First in procurement rules, in investment decisions, in the daily choices of businesses and consumers. Making patriotism practical—not just a sentiment but a force that shapes economic behaviour.

Digital Sovereignty: Owning Our Future Online

The digital economy runs on infrastructure. Data centers, fiber networks, cloud platforms—these are the roads and bridges of the 21st century. Countries that own their digital infrastructure have sovereignty. Countries that depend on others are vulnerable.

Nigeria is building toward digital sovereignty. Agencies like Galaxy Backbone are laying fiber across the country, connecting states, building data centers that meet international standards. This infrastructure ensures that government data stays in Nigeria. It provides continuity even when commercial providers face challenges. It builds capability that can serve the whole economy.

The vision goes further. With robust digital infrastructure, Nigeria can become a regional hub—serving West and Central Africa, attracting investment, creating jobs in technology and services. This is not just about catching up. It is about leapfrogging—using digital technology to accelerate development in ways previous generations could not.

But infrastructure alone is not enough. Digital sovereignty also means data sovereignty—control over the information that flows through these networks. It means policies that protect privacy while enabling innovation. It means building the human capacity to manage and secure digital systems. It means creating an environment where Nigerian technology companies can thrive.

The Demographic Dividend or Disaster?

Nigeria’s young population is often described as an opportunity. With a median age of eighteen, we are one of the youngest countries in the world. These young people could drive decades of economic growth.

But demography is not destiny. Young people are only an asset if they are productively engaged. If they are educated, healthy, and employed, they create wealth. If they are not, they become a source of instability.

This makes human capital development the most important investment Nigeria can make. Every child who receives quality education adds to our future capacity. Every young person who learns a skill becomes a potential contributor. Every life saved through better healthcare strengthens the whole society.

The challenge is scale. Nigeria’s education system is underfunded and overstretched. Millions of children are out of school. Quality varies enormously. The same is true for healthcare, for skills training, for social support. Building systems that reach everyone is a massive undertaking.

Yet progress is possible. Technology offers new ways to deliver education at scale. Community health workers can extend care to remote areas. Apprenticeship models can train young people in practical skills. The building blocks of human capital exist. The task is to assemble them into functioning systems.

The Governance Challenge

None of this works without effective governance. Good plans fail without good execution. Vision without implementation is just dreaming.

Nigeria’s governance challenges are well documented. Implementation gaps separate policy from reality. Coordination failures mean different agencies work at cross purposes. Capacity constraints limit what even dedicated officials can achieve. Trust deficits make collaboration difficult.

Addressing these challenges requires its own strategy. It means investing in the civil service—training, motivating, and supporting the people who run government day to day. It means using technology to improve transparency and accountability—making it harder for things to fall through cracks. It means creating platforms for dialogue between government, business, and civil society—so policies reflect real needs and real constraints.

It also means accepting that governance reform is slow work. Institutions are not built overnight. Trust is earned over years. Capacity grows through practice. The goal is not perfection but progress—steady, cumulative improvement in how things get done.

Conclusion: The Power of Small Wins Adding Up

There is a temptation to think of strategy as something grand—bold visions, dramatic transformations, sweeping changes. And certainly, those have their place.

But in Nigeria, the most powerful strategy may be something more modest. It is the individual who learns a new skill and applies it. The business that delivers on its promises, day after day. The policy that works as intended and makes life slightly better. These small wins, repeated millions of times, accumulate into something extraordinary.

This is the power of compounding progress. Each skilled graduate adds to the talent pool. Each reliable business builds trust in the market. Each functioning program demonstrates that government can work. These gains build on each other. Over time, they transform what is possible.

Nigeria has immense resources—human, natural, cultural. It has a young population full of energy and ambition. It has entrepreneurs solving problems every day. It has officials working to build systems that serve everyone. The foundation is there.

Strategy provides the framework—the way of thinking that helps individuals, businesses, and the nation make good choices amid uncertainty. It does not guarantee success. Nothing does. But it improves the odds. It helps us see more clearly. It keeps us moving in the right direction, even when the path is unclear.

That is the power of 21st-century strategy. Not predicting the future, but preparing for it. Not controlling events, but navigating them. Not waiting for possibilities to arrive, but working to make them real.

For Nigeria and Nigerians, those possibilities are extraordinary. The work of strategy is to bring them within reach.

Dr. Tolulope A. Adegoke, AMBP-UN is a globally recognized scholar-practitioner and thought leader at the nexus of security, governance, and strategic leadership. His mission is dedicated to advancing ethical governance, strategic human capital development, and resilient nation-building, and global peace. He can be reached via: tolulopeadegoke01@gmail.comglobalstageimpacts@gmail.com

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Opinion

In Defence of Atiku Abubakar: Experience, Reach and the 2027 Reality

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By Tim Okojie Ave

The debate over who should carry the opposition banner in 2027 must be guided by political reality, not ethnic sentiment or social media noise. Nigeria is at a crossroads, and defeating President Bola Tinubu in 2027 will require experience, national reach, and electoral strength—not experiments.

I do not believe in, nor do I promote, ethnic politics. Recent Nigerian history proves that elections are not won by zoning rhetoric but by strategic calculations. Former President Goodluck Ebele Jonathan, a southerner, was not allowed to complete a second term—not because of performance alone, but because power blocs rallied against him. When the then-opposition APC sought a candidate capable of defeating Jonathan, they did not argue that it was “still the South’s turn.” Instead, they searched across the country for a candidate with massive grassroots followership and electoral weight. That search led them to Muhammadu Buhari, despite his past electoral losses and controversial human rights record as a former military ruler.

The result is now history.

It is therefore laughable when uninformed voices argue that Atiku Abubakar should be denied the ADC ticket because he has contested elections before. By that same logic, Buhari should never have been given the APC ticket. Political persistence is not a crime; it is often the mark of conviction and relevance.

Others argue that Atiku is “too old,” forgetting that leadership is not a sprint but a test of wisdom, stamina, and experience. Age did not disqualify global leaders like Joe Biden or Nelson Mandela, nor did it stop Buhari himself. What matters is physical fitness, mental clarity, and capacity—and on all counts, Atiku Abubakar remains fit.
The argument that it is “still the South’s turn” in 2027 is politically weak and strategically dangerous. When APC wanted to win, they ignored zoning sentiment and focused on victory. That is exactly what the African Democratic Congress (ADC) must do if it is serious about defeating Tinubu and reducing him to a one-term president. Political parties exist to win elections, not to appease ethnic emotions.

ADC must ensure party supremacy and resist being bamboozled into handing its ticket to candidates who exist mainly on social media but lack nationwide structure and grassroots acceptance.

If asked for my candid opinion on who best fits the ADC ticket in 2027, my choice is clear: Atiku Abubakar.

He possesses unmatched political experience, having served eight solid years as Vice President under President Olusegun Obasanjo. He is globally recognised as an astute politician and a patriotic business mogul. His wealth is independent of public office, meaning he is unlikely to treat Nigeria’s treasury as a personal bank.
Since leaving office, despite relentless political persecution, Atiku has not been successfully linked to any proven corruption case—an indication of transparency and resilience. He is healthy, active, and capable of representing Nigeria internationally without embarrassment.

Ultimately, elections are not won by sentiment but by strategy. If ADC truly seeks victory in 2027, it must choose a candidate with national appeal, experience, credibility, and structure. On all these counts, Atiku Abubakar stands tall.

This is not ethnic politics.
This is political realism.

Tim Okojie Ave is the Publisher, National Chronicle newspaper

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