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Opinion

Voice of Emancipation – Who Will Save the Falling Naira? (Pt. 2)

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…Dangers of Redenomination

By Kayode Emola

Following on from last week’s analysis of the falling naira, it is worth pointing out that the current trajectory of the Central Bank of Nigeria and the Federal government to redenominate the naira is not the solution to the currency devaluation. Several countries like Ghana, Zimbabwe, Venezuela, and so on have tried it in the past and have not fared much better. Therefore, I don’t see how a currency redenomination would solve the current crises.

Instead of the government tackling the root cause of the problem, they are applying a quick-fix solution to try and shore up the currency devaluation. It was very evident in the 1990s when the then Head of State Ibrahim Babangida was trying to introduce his Structural Adjustment Programme (SAP) that Nigeria was heading in the wrong direction. To date, no tangible solution has been found on how to move Nigeria forward.

Corruption has been encouraged on a grand scale in Nigeria by successive regimes; inflation is now over the roof and the end result is a disastrous economy unable to recover. The bottom line is that the low-productivity economy we run where millions of our youth are unemployed is part of the root cause of the problem we face. Rather than solve this problem, the government is thinking of redenominating the currency.

The only thing the redenomination exercise will bring is more confusion to the populace as people will spend time working out the value of the old and new currencies. This will end up wasting peoples’ precious time thereby slowing down productivity that the country badly needs.

Take, for instance, the Ghana government redenominate their currency in 2007. At that time, the value of the cedi to the dollar was around ₵9,300 to $1. After the redenomination, the cedi became ₵0.93 to $1 and I know most Ghanaians would have been expecting their fortune to be better. Alas, 16 years after that exercise, the Ghanaian cedi is now ₵11.70 to $1.

In other words, if using the old Ghanaian cedi as our basis for economic evaluation, the true value of the Ghanaian cedi is around One hundred and seventeen thousand cedi (₵117,000 to $1) to one dollar. I am very certain that Ghanaians would have been shocked at this exchange rate had their money not been redenominated which would have forced a different reaction.

However, the redenomination has masked their true financial position, thus forcing Ghana into bankruptcy. If only the people were more aware of the damage the currency redenomination has done, they would have asked their government pertinent questions that would bring about a viable solution.

What is the way forward for Nigeria?

I am very marveled when a lot of Yoruba people in Nigeria believe that there is hope for the country, especially if it makes a monumental achievement in sports or one scholastic headline on the international stage. Nigeria has not built a society that can stand the test of time, therefore, attempting to continue in this trajectory is not going to make anything better if at all, those living in Nigeria should brace themselves for more economic hardship to come.

The Nigerian population is projected to double in the next 30 years and possibly quadruple in the next 80 years according to the United Nations projections. With the amount of poverty in the land, the number of poor people the government would have to deal with will definitely increase. With no focus on the direction of travel and possible escape from poverty, many innocent children may be born into poverty with no hope for their future.

The one thing that is clear here is that the current political leaders in Nigeria are not doing anything to help the economy grow. Not because they don’t want to, but because it is just impossible to do with the political setup of Nigeria. Nigeria as it is today was not intended to become a country, it was supposed to be a trading post, thus every element of nationhood was missing from the inception of its creation.

Taking the above illustration into account will help millions of our brainwashed Yoruba people know that they are not living in a country let alone a nation. Our people must realise that there is no way we can build a nation out of Nigeria, and forcing the constituent parts to remain as one entity is more harmful to everyone than a peaceful separation.

It is high time we all realised that the future of Nigeria is a journey to nowhere. If in doubt, check where Nigeria is coming from. When I speak with some of our naïve elders who allude to the better days when the British were still governing Nigeria. The question I ask is, do we want to bring back the British to recolonise us or do we want to get our independent Yoruba nation out of Nigeria and let other nationalities do the same? In that way, we can better govern ourselves.

Your guess is as good as mine, I would rather opt for the latter which is an independent Yoruba nation, knowing fully well, that this is the only viable solution. Taking the case of Ghana and its redenomination exercise, I am sure the Ghanaian population would have reacted differently today if they were still using the old cedi. However, because their currency has been redenominated, it has hidden the true nature of their economic collapse.

This is the direction in which Nigeria is headed unless a drastic change is forced on the system. Either we all get frustrated with poverty and force a change or continue to romanticise in fantasy waiting for the day help will come, which I doubt would come anytime soon if at all.

The only solution to this quagmire is to have every nationality go their own separate ways. Nigeria would not be the first to have broken up into several components. For those who still believe that Nigeria will be great again, they should understand that this is just a political rhetoric that means nothing.

After all, Donald Trump promised to make America great again, but I don’t think that his rhetoric has reduced the debt of America, instead, their debt is increasing on a daily basis. Those still believing in this political jamboree called democracy being practiced around the world should know that affirmative action rather than rhetoric is the only solution to our problem.

We must affirm that all we want is an independent Yoruba nation, we must educate our people on the dangers that lie ahead if we remain in Nigeria. Otherwise, I fear for the future of the children yet unborn who would be sent to this world to suffer unnecessarily for no fault of their own. I believe the time for action is now rather than sitting on the fence and hoping for the best.

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Opinion

A Cry from the Creeks: A Daughter’s Plea for the Niger Delta

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By Boma Lilian Braide (Esq.)

The water does not lie. It carries no political allegiance, no corporate agenda, and no capacity for deception. It simply mirrors the truth of what we have allowed to be done to it.

A deeply disturbing video recently shared by veteran actress and social justice advocate Hilda Dokubo has laid bare the agonising reality facing communities in the Niger Delta. In the footage, filmed in Bille Kingdom, Rivers State, clean water is drawn from a private borehole. Within less than sixty seconds, under the pressure of underground gas, the clear liquid undergoes a sickening transformation. It darkens, thickens, and pours out as pitch-black crude oil. This is not a scientific curiosity. It is a damning indictment of a systemic humanitarian catastrophe hiding in plain sight.

As a daughter of the Niger Delta, that video did not merely break my heart. It ignited in me the ancestral fury of a people who have been poisoned, marginalised, and forgotten while the rest of this nation prospers on the wealth extracted from our soil.

For generations, the creeks, wetlands, and rivers of the Niger Delta were our sanctuaries, our markets, and the very foundation of our identity. As Hilda Dokubo rightly recalled, our people once walked to the riverbank whenever they needed to provide for their families. Fishing was not merely a livelihood; it was a covenant between our communities and the natural world that sustained them.
Today, that covenant has been shattered. Our fishermen have abandoned their nets because the rivers are fouled with oil. Our young people, stripped of the traditional occupations their fathers and mothers once practised, are channelled into the grinding machinery of poverty, idleness, and despair.

The Niger Delta has been reduced to an ecological ruin. Crude oil has saturated underground aquifers. Contaminated seafood and poisoned water are now daily realities for millions of people whose only crime is living above one of the most oil-rich territories on earth. International oil companies have abandoned corroded infrastructure that leaks without ceasing, transforming the very resource that was meant to be our salvation into a slow and methodical death sentence. We have raised this alarm for decades. Yet successive administrations have treated our suffering as an acceptable cost of doing business, a tolerable footnote so long as the petrodollars continue to flow to Abuja.

The veteran activist Annkio Briggs has devoted her life to making this injustice visible. For decades, she has documented with precision and moral clarity how the collusion between international oil interests and Nigerian state institutions has systematically dismantled the future of Niger Delta communities. She has shown how pipelines laid through our mangroves, and gas flared across our skies, have become instruments of slow violence, causing respiratory diseases, cancers, and developmental disorders in children who should never have known such afflictions. Annkio Briggs has also exposed a deeply troubling double standard; the disparity between how oil spills are handled in the industrialised world and how they are managed in Nigeria is not a matter of oversight. It is a calculated display of environmental injustice.

When a spill occurs in a Western nation, governments mobilise emergency responses and demand full remediation to international standards. In the Niger Delta, contaminated sites are patched with sand, filed away in bureaucratic reports, or left entirely unaddressed. The regulatory agencies established to protect us have been rendered impotent through underfunding, political interference, and sheer institutional neglect. Meanwhile, oil corporations exploit these weaknesses, leaving communities such as Bille suffocating beneath toxic soot and eruptions of subterranean gas. Grief, in these communities, is not a passing season. It is a permanent condition. And we refuse to allow the slow death of our homeland to be buried beneath corporate disclaimers and government platitudes.

Nigeria cannot claim to be a nation at peace with itself while one of its most productive regions is being chemically erased. We will not stand aside as these foreign companies divest their interests, collect their profits, and depart, leaving our land irreparably damaged. This is not a complaint. It is a demand, issued by a daughter of the Niger Delta who refuses to watch her homeland perish in silence. We are not data points in a corporate environmental impact assessment. We are human beings who breathe poisoned air and draw crude oil from our taps. I am therefore calling on every authority with a mandate and the power to act, to do so immediately, and to end the unconscionable treatment of the Niger Delta as a sacrifice zone.

To the President and the Federal Government of Nigeria; we demand the immediate declaration of an environmental state of emergency in Bille Kingdom and all affected riverine communities across the Niger Delta. The administration must enforce without equivocation the principle that those who pollute bear full responsibility for remediation. The era of negotiations that protect corporate balance sheets at the expense of human lives must end.

To the Niger Delta Development Commission; the mandate for which this agency was created demands urgent renewal. The Commission must redirect its priorities, without delay, toward meaningful environmental remediation, the delivery of reliable infrastructure, and the immediate provision of emergency water purification systems to communities that are drinking poison today.

To the Ministry of Petroleum Resources and NNPC Limited; the continued extraction of national wealth from Niger Delta soil, while leaving communities with nothing but fire and contamination, is morally indefensible. Every abandoned wellhead must be identified, securely decommissioned, and fully removed. There can be no further tolerance of neglected infrastructure that poisons the ground beneath our children’s feet.

To the National Oil Spill Detection and Response Agency; your regulatory authority must be exercised with rigour and without compromise. International clean-up standards are not aspirational; they are the minimum obligation owed to our communities. Any multinational corporation that attempts to exit the Niger Delta without fully restoring the damage it has caused must face enforceable legal and financial consequences.

To international environmental bodies and development partners; the hydrocarbon saturation of freshwater sources in communities across the Niger Delta has reached a scale that demands independent technical intervention and comprehensive ecological auditing. We ask that you bring your expertise and your authority to bear, not in the conference rooms of Abuja and Geneva, but in the creeks and villages where people are dying.

To the multinational oil corporations and local operators who have enriched themselves from Niger Delta resources; you will not walk away from what you have destroyed. No company should be permitted to divest, restructure, or withdraw from this region without having first restored our land, rehabilitated our waterways, and made full and fair reparation to the communities whose lives and livelihoods they have dismantled over decades of irresponsible operation.

Look at the black water pouring from our taps and understand what it represents. Every oil slick that spreads across our rivers is the grief of a mother unable to feed her children. Every gas flare that burns through the night is the laboured breath of a child whose lungs have never known clean air. Bille is in crisis.

The Niger Delta is bleeding. And its waters are bearing witness to crimes that have gone unpunished for far too long. The season of committees, communiqués, and hollow summits is over. We are not asking for sympathy. We are demanding accountability. Give us back our clean water. Restore our ancestral creeks. Save the daughters and sons of the Niger Delta before there is nothing left to save.

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Opinion

The Deluge We Built: Rain Does Not Create Catastrophe, It Reveals It

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By Richard Dablah

At 1:00 a.m., the rain began. By dawn, Accra had become a familiar theatre of submerged roads, stranded commuters, flooded homes, interrupted livelihoods, and the ritual exchange of outrage across television screens and social media. By tomorrow, we will have identified the usual villains: plastic waste, choked drains, irresponsible citizens, climate change, and inadequate enforcement. By next week, the water will have receded, but so too will our memory.

The rain did not surprise us.

Our surprise is the most astonishing part of the story.

Perhaps we have misunderstood what a flood actually is.

A flood is not the moment water overflows its banks. It is the moment decades of invisible decisions become visible. Rain merely serves as the auditor.

The deluge begins long before the first cloud gathers.

It begins when wetlands are described as “vacant land.” It begins when streams disappear beneath concrete because they interrupt commercial ambition. It begins when planning permission becomes more negotiable than hydrology, when maintenance budgets become political opportunities instead of engineering necessities, and when urban expansion is celebrated without asking whether the land itself consented to becoming a city.

Every signature placed on a permit inside a floodplain becomes a future tributary.

Every neglected drain becomes a future river.

Every compromised inspection becomes tomorrow’s emergency.

The rain simply connects decisions that were never meant to meet.

We have become accustomed to describing flooding as a natural disaster. It is an intellectually comforting phrase because it transfers responsibility from institutions to nature. Nature, however, is remarkably innocent in this story.

Water is perhaps the most honest element on Earth.

It negotiates with no political party.

It ignores campaign promises.

It does not recognise ministerial authority.

It simply obeys gravity.

When water returns to places it once occupied centuries ago, we accuse it of invading our communities. Yet rivers have never invaded cities. More often, cities have quietly occupied rivers.

Hydrologists understand something politicians rarely acknowledge: every river possesses memory. A watershed remembers its ancient channels. A floodplain remembers where excess water belongs. Wetlands remember how to absorb storms. We imagine that maps redraw geography. Water disagrees.

Concrete cannot erase memory.

It merely postpones its expression.

We therefore continue to debate blocked drains while ignoring blocked landscapes. We widen roads while narrowing waterways. We celebrate visible infrastructure while dismantling invisible infrastructure—the wetlands, soils, vegetation, lagoons and natural floodplains that quietly performed engineering services long before engineers arrived.

The irony is profound.

A forest can receive extraordinary rainfall and rarely flood because every root, every microorganism, and every layer of soil participates in slowing, storing, and redistributing water. A modern city, by contrast, has replaced absorption with acceleration. Asphalt rejects rainfall. Concrete hastens runoff. Buildings compress the earth. Heat hardens the soil. Every improvement intended to modernise the city simultaneously reduces its ability to behave like land.

The city has become hydraulically impatient.

Perhaps that is our greatest misunderstanding.

We believe cities are machines.

They are not.

Cities are living metabolisms. Like every living organism, they must balance what they consume with what they can process. Accra continuously consumes land, population, vehicles, plastics, concrete, energy, and waste faster than it expands its ecological capacity to absorb them. The consequence is not merely congestion or pollution. It is systemic metabolic failure.

Flooding is one of its symptoms.

Yet the problem extends even beyond engineering.

It is temporal.

Nature operates on geological time. Wetlands require centuries to mature. Rivers evolve over millennia. Soil develops patiently. Aquifers recharge slowly.

Politics operates on electoral time.

Four-year cycles reward ribbon-cutting ceremonies, not invisible maintenance. The culvert that no one notices receives less attention than the flyover everyone photographs. Maintenance loses elections. New construction wins them.

The result is predictable.

Infrastructure quietly accumulates entropy while governments accumulate announcements.

Physics teaches that every system naturally drifts toward disorder unless energy is continually invested to preserve order. Cities obey the same law. Drains clog. Roads crack. Regulations weaken. Institutions decay. Maintenance postponed is entropy invited.

The flood is not merely an engineering failure.

It is entropy-defeating governance.

Then there is the uncomfortable question we seldom ask.

Who benefits from recurring disasters?

Disaster creates contracts.

Emergency procurement.

Reconstruction projects.

Political visibility.

Institutional relevance.

Entire bureaucracies become more active after a catastrophe than before it.

This observation is not an accusation against individuals. It is an invitation to examine incentives. A society that consistently invests more in responding to disaster than preventing it eventually normalises catastrophe as part of governance itself.

The deluge becomes an administrative season.

History offers another warning.

Civilisations rarely collapse because nature suddenly becomes hostile. More often, they ignore environmental feedback until it becomes impossible to negotiate. Rivers shift. Forests disappear. Soils degrade. Cities overreach. Institutions mistake temporary resilience for permanent immunity.

Every civilisation eventually discovers that nature does not negotiate deadlines.

It only delivers consequences.

Perhaps that is what Accra experienced between 1:00 a.m. and dawn.

Not simply rainfall.

Not merely flooding.

But an examination.

An examination of our planning philosophy.

An examination of our political incentives.

An examination of our ecological literacy.

An examination of whether we still understand the land upon which we continue to build our future.

The biblical deluge was remembered not because water fell from the heavens, but because it exposed the moral condition of a civilisation. Whether one reads that account as theology or metaphor, its enduring lesson remains unsettling: catastrophe often reveals what prosperity successfully concealed.

Our modern deluge performs the same function.

It reveals that resilience cannot be legislated after rivers overflow. It must be designed before foundations are poured. It reveals that environmental stewardship is not an aesthetic concern but a constitutional obligation to future generations. It reveals that engineering cannot indefinitely compensate for ecological illiteracy, and that governance detached from geography eventually becomes governance against geography.

Tomorrow the skies will likely clear.

The floodwaters will retreat.

Traffic will resume.

Life will continue.

Until the next storm.

Unless we finally recognise the uncomfortable truth.

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R.D

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Opinion

Elevating Societies: Leadership As Enduring Bridge from Ruler-ship to Generational Prosperity

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By Tolulope A. Adegoke PhD

“Real leadership is never about ruling over others—it is about standing beside them, lighting the path forward, and helping them discover strengths they never knew they possessed. Where rulership builds walls to protect power, true leadership builds bridges to a better future. In every choice we make between control and inspiration, we decide what kind of world our children and grandchildren will inherit. Let us choose the harder, nobler path: to lead with humility, vision, and unwavering commitment to the common good.” – Tolulope A. Adegoke, PhD.

Leadership and ruler-ship represent two fundamentally different approaches to power and governance. Ruler-ship tends to emphasize control, hierarchy, personal authority, and the maintenance of dominance, often prioritizing short-term gains or elite interests. In contrast, authentic leadership focuses on vision, service, empowerment, integrity, and the development of collective capacity. It inspires people to rise above immediate challenges and collaborate toward shared, enduring objectives. Far from being a mere management style, leadership serves as the critical systemic foundation enabling sustainable, inclusive, and transformative growth across every domain of human endeavor—political, economic, social, environmental, technological, and cultural—while securing a more prosperous and equitable world for generations to come.

This detailed examination highlights the profound differences between these concepts, analyzes their real-world consequences, showcases compelling examples of success, and proposes practical pathways for embedding genuine leadership at all levels of society.

Understanding the Core Distinction

Ruler-ship often manifests as top-down command, relying on coercion, patronage, or suppression of opposition to maintain order. While it may produce rapid decisions or visible projects, it frequently fosters corruption, stifles innovation, breeds resentment, and leaves institutions vulnerable once central authority weakens.

Leadership, particularly in its transformational, servant, and sustainable forms, operates differently. It seeks to elevate others, build resilient systems, and balance immediate needs with long-term well-being. Transformational leaders motivate people to achieve beyond their perceived limits by fostering purpose, trust, and shared vision. Sustainable leadership explicitly integrates economic vitality, social equity, and environmental responsibility, recognizing their interdependence.

This distinction matters deeply because it shapes outcomes not just for the present but for decades ahead. Ruler-ship extracts value; leadership multiplies it.

Real-World Impacts on Development and Society

History and contemporary evidence consistently show that rulership-driven systems tend toward fragility. Concentrated, unaccountable power may deliver initial stability or growth, but it often leads to elite capture, policy reversals, social divisions, and eventual crises.

Leadership-oriented governance generates self-reinforcing progress. By promoting transparency, human capital investment, innovation, and adaptive institutions, it equips societies to navigate complex global challenges such as climate disruption, technological change, and inequality. Transformational approaches enhance motivation, performance, and cohesion across organizations and nations.

The benefits span key sectors:

  • Economic Growth: Leaders who prioritize education, infrastructure, diversification, and fair competition create environments where entrepreneurship and productivity thrive sustainably.
  • Social Advancement: Inclusive leadership expands access to quality healthcare, education, and opportunity, strengthening social fabrics and reducing disparities.
  • Environmental Stewardship: Forward-thinking leaders align development with ecological limits, driving innovation in clean technologies and responsible resource management.
  • Political Stability: They reinforce institutions grounded in accountability, rule of law, and citizen participation, enhancing resilience.
  • Cultural and Technological Evolution: Leadership that values creativity and ethics accelerates responsible innovation and enriches societal progress.

Illustrative Cases of Transformational Leadership

Several standout examples demonstrate the power of leadership over ruler-ship:

  • Singapore’s Transformation: Under Lee Kuan Yew’s guidance, a small, resource-scarce nation evolved into a global hub of prosperity through disciplined investment in education, merit-based systems, anti-corruption efforts, and pragmatic long-term planning.
  • Rwanda’s Post-Conflict Renewal: Facing immense challenges after genocide, focused leadership emphasized good governance, infrastructure, gender equity, poverty reduction, and economic modernization—dramatically improving living standards and positioning the country as a development leader.
  • Liberia’s Recovery: Ellen Johnson Sirleaf steered her nation through post-civil war reconstruction by championing reconciliation, institution-building, and inclusive policies, demonstrating servant leadership committed to national healing rather than personal power.
  • Broader Inspirations: Figures like Christiana Figueres in climate diplomacy and pioneering corporate leaders at organizations such as Patagonia illustrate systems-oriented leadership that builds coalitions and drives meaningful, large-scale change.

These cases contrast sharply with instances where authoritarian approaches yielded temporary gains followed by setbacks or instability.

How Leadership Functions as a Systemic Ladder

Leadership builds enduring progress through interconnected mechanisms:

1.     Clear Vision and Foresight: Articulating inspiring, realistic futures that unite stakeholders around generational goals in areas like sustainability and innovation.

2.     Talent Development and Empowerment: Investing in education, mentorship, and broad participation to cultivate capable successors and unlock widespread potential.

3.     Strong, Accountable Institutions: Creating frameworks of transparency and integrity that endure beyond any single individual.

4.     Collaborative Inclusion: Engaging diverse actors—public, private, and civil society—to generate creative, equitable solutions to complex problems.

5.     Ethical, Balanced Decision-Making: Weighing economic, social, and environmental considerations to ensure holistic, responsible advancement.

6.     Adaptability and Continuous Learning: Embracing feedback, monitoring results, and adjusting strategies to maintain relevance amid changing circumstances.

These elements create compounding benefits, strengthening societies’ capacity to thrive over time.

Fostering Leadership for Lasting Impact

Shifting from rulership to leadership demands intentional action:

  • Integrate ethics, critical thinking, and sustainability principles into education systems at every level.
  • Reform institutions to emphasize merit, accountability, term limits, and citizen oversight.
  • Actively prepare youth, women, and underrepresented groups for leadership responsibilities.
  • Protect civic space, independent media, and participatory governance to sustain pressure for integrity.
  • Promote cross-border learning and collaboration among reform-minded leaders and nations.

While obstacles such as entrenched interests and global uncertainties persist, committed coalitions have repeatedly shown that meaningful change is possible.

A Call to Legacy: Building Tomorrow Today

Leadership, rather than ruler-ship, offers the most reliable pathway to sustainable and progressive development. It replaces extraction with multiplication, control with empowerment, and short-term expediency with generational stewardship. By embracing service, vision, and accountability, leaders in every sphere can help construct societies that are more innovative, equitable, resilient, and harmonious with the natural world.

The true test of our efforts lies in the inheritance we pass forward: healthier institutions, empowered citizens, preserved environments, and expanded opportunities. This vision calls for a deliberate cultural and structural shift toward authentic leadership—from local communities to global institutions. The responsibility is collective, the opportunity transformative, and the potential legacy profound. Through courageous, principled leadership, we can climb steadily toward a brighter, more sustainable future for all who follow.

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, resilient nation building, and global peace. He can be reached via: tolulopeadegoke01@gmail.comglobalstageimpacts@gmail.com

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