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Culture As a Tool for Revamping the Economy, Strengthening the Naira

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By Segun Runsewe

There has been no time in the socio-economic evolution of Nigeria that the naira, the nation’s national currency, has been under such a severe pressure than as it is today. With the exchange rate of one US dollar to less than one naira in the 70s, the exchange rate of the naira to the dollar today has risen beyond 1,000 to one US dollar. This phenomenal fall in the value of our currency beginning, from the Structural Adjustment Programme (SAP) Regime, till today, has continued to negatively impact on all spheres of our national life, challenge our cultural values and call for a comprehensive value re-orientation.

As a free market economy, the value of our nation’s currency would ultimately be determined by the market forces of demand and supply. This has implication on our level of consumption of foreign goods and services and by extension, our values. In those days when the naira commanded remarkable economic power at the global market, our values were right; our attitudes were positive and our personal dispositions were supportive of our developmental aspirations. We were a nation committed to Agriculture as the mainstay of our economy while aggressively embarking on solid mineral exploration to drive a diversified economy. We were a people imbued with positive sense of purpose and productive hardwork was our national work ethics and our unique selling point. We were proudly Nigerians in our attitude to work, in our consumption, our dress culture and in all that we did. We witnessed relative economic stability, social harmony and development because we believed in and espoused the tenets of our culture.

Today, the story is different. We have thrown our cherished cultural values overboard. In place of hardwork, we have embraced laziness, idleness and the get-rich-quick syndrome. We are no longer proud of our rich cultural values and their diverse manifestations. For example, we have relegated the Nigerian fabrics which projected our cultural identity in the yesteryears and sustained a booming garment industry, for foreign dresses like the French suits, Holladian fabrics and Senegalese attires. It is now fashionable for our educational institutions even at the elementary level to import school uniforms to educate our children away from our culture, both in content and in form. Our educational curriculum has become largely alien and non-reflective of our socio-cultural background.

It is unfortunate that today, we export Nigerian hide and skin to Italy and Spain only to import Italian and Spanish shoes made with Nigerian raw materials. Aba made shoes has lost domestic patronage except when exported to Dubai and imported into Nigeria with the brand “made in Italy”. China has made alarming in-road into the Nigerian traditional fabric industry and imported Chinese tie and dye originally rooted in Osogbo culture is now in vogue in Nigeria. The story is endless.

There can be no sustainable economic development when the values and orientation of the citizenry are at variance with the culture on which the society is founded and where the general pattern of consumption are conspicuously alien and brazenly extravagant.

For us to attain economic growth and the stability of the naira therefore, we must return to our cherished cultural values and harness our cultural resources to engender national development.

Examples abound of nations who utilised their cultural strength to enhance the developmental process. It took men and women of vision, courage and commitment to conceive, pursue and realize the American vision rooted in the firm belief in America as a virgin continent magnificently endowed by nature. With a strong culture of patriotism and commitment to the growth of America, the USA rose from the ashes of a people with diverse ethnic nationalities, ravaged by a civil war and racial segregation to become the world’s foremost super-power. Those who crafted the American dream upon which the continent was born were not angels from above. They were Americans who believed in the vision of a great continent and patriotically committed themselves to ensuring that the vision became a workable reality. Today, when America sneezes, the rest of the world catches cold.

China presents another example of a people who believed in themselves and looked inward to collectively reinvent their nation. From the dark trenches of the global depression of the 1930s through the Sino-Japanese war of 1937 to the Great Leap forward and the famine 1957, China has emerged the second largest economy in the world, with firm belief in their history, culture and heritage.

India, like Nigeria, was a British colony. Unlike Nigeria however, India has used the scientific and technological expertise of Western education to develop its nation, holding jealously on to the Indian cultural heritage. They dress Indan, eat Indian, talk Indian and live Indian.

In view of the proven capacity of the cultural sector to contribute significantly to the Gross Domestic Products, most nations of the world are developing strategies to integrate and mainstream cultural products to the process of economic development. Nigeria is unarguably the most culturally diverse nations in Africa, rich in various cultural products. It offers a unique opportunity for artistry, craftsmanship and entrepreneurial skills that can be developed, showcased and marketed to derive a robust cultural industry. A rich cultural industry in Nigeria will no doubt speed up our diversification drive, engender rapid socio-economic growth and development and lead to a strong and stable Nigerian currency at the international market.

It is in the light of the foregoing that the National Council for Arts and Culture (NCAC) under my leadership is vigorously pursuing cultural programmes that will open up the industry; unbundle, harness and develop latent skills talents and capacities that would lead to the emergence of a vibrant cultural economy for Nigeria.
In the last six years, the NCAC under my leadership has executed skills acquisition programme through the platform of the National Festival of Arts and Culture (NAFEST) and the International Arts and Crafts (INAC) Expo. In these and several other programmes, over ten thousand Nigerians, especially women, youths and the physically challenged, have been trained and given start-up grants. We have successfully ingrained skill acquisition in metal production, hair weaving, wood carving, local fabric making, soap and bead making among others, into our flagship programmes.

To open our cultural industry to the international market, we have continued to run INAC with the theme “Networking Nigerian Crafts to the World” while targeting members of the Diplomatic Community as our primary audience. This effort is deliberate because foreign trade enquiries starts from the embassies in the host countries. For us to have an in-road into the global cultural market, we must cultivate the attention and partnership of members of the diplomatic community while honing our skills and enhancing our design, finishing, packaging and presentation to meet global market standard. It is through product improvement that we can raise the value of our arts and crafts industry to become truly attractive and earn the confidence of the international consumers necessary for a robust cultural economy that can create employment and wealth for our nation.
Accordingly, we have introduced the concept of comparative advantage in our efforts to tap into the cultural uniqueness of the respective states through the 37 wonders of Nigeria. This programme is anchored on the economic policy of one state, one product. In the efforts to expand the frontiers of our cultural industry, we cannot afford to be in competition but in active collaboration and complimentary.

The 37 wonders of Nigeria was launched by the Executive Governor of Lagos State, His Excellency, Mr. Babajide Sanwo-Olu during the National Festival of Arts and Culture in Lagos last year with the emphasis on one state, one product.

The cultural wonders of Nigeria is a brand identity and marketing concept premised on peculiar tangible manifestations and intangible expressions unique to the 36 states of the federation and the Federal Capital territory (FCT). Each of these constitutes the wonders of natural endowments or amazing evidence of human creative interactions. Together, they have evolved to become iconic emblems of Nigeria tourism destinations and technological processing. For example, the Zanna Cap of Borno, the Akwa-Ocha dazzling white traditional woven fabric of Delta State, the queen India head of Benin, Edo State, the Ikogosi Water Spring of Ekiti, the Nok Culture of Kaduna State, the Dye Pits of Kano, the Itoguntoro traditional weaving heritage of Kogi State, the Dada pottery of Kwara State, the brass works of Niger State, to mention but a few have all assumed unique cultural brands that can be enriched, repackaged and aggressively promoted as aspects of Nigerian cultural brands at the international market place.
In addition to the above, Nigeria is one of the richest countries of the world in terms of cultural festivals. Our fascinating cultural festivals and dance include Ohafia war dance in Abia State, Ekwobi dance in Cross River State, the Nwa Umu-Agbogho of Ebonyi State, the Odo Masquerade festival of Enugu State, the Eyo Masquerade of Lagos State, Argungun Fishing festival of Kebbi State, the Osun Osogbo festival of Osun State, Igwe festival of Edo State, the boat regatta of Rivers and Bayelsa States and so on. These festivals can be repackaged into a cluster and a national festival calendar evolved to ensure that tourists in search of leisure and festival entertainment can experience several of these festivals in a particular cluster during one visit.

I therefore wish to call on all stakeholder and key players in the arts and culture sector to begin to apply their energies towards optimizing the huge potentials in our vast arts and culture sector. It is my hope that if our cultural resources are carefully harnessed and productively channeled, it will open up our cultural economy, engender rapid socio-economic growth and lead to the emergence of a strong and stable currency that will command the required purchasing power at the international market.

Runsewe is the Director General, National Council for Arts and Culture (NCAC)

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Opinion

Masquerade of Excellence: Celebrating Prof Mike Ozekhome’s Remarkable Journey @ 67

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By CDS Omon-Irabor Esq

Chief Prof. Dr. Mike A.A. Ozekhome SAN,
the only masquerade that dances in the farm without cutting a single reed of the yam tendrils.

The Gadfly is climbing the 67th rung on the ladder. From the hills of Agenebode down to the plains of the Iviukwe, the celestials, the principalities and the gods of Weppa and Wano Kingdoms are celebrating this colossus, who came in disguise as a little rough village boy; but very comely and handsome, his divine intelligence surpasses those of his peers.

Taking a sudden flight through primary and secondary schools casaded him into the land of Oduduwa. He anchored his life voyage at the ancestral home of the Yorubas, Ile-ife. Here his projenitors believed to have a temporary abode before sending the last born of the Ogisos Ile-ife (I ran and I became rich, Benin translation). Omonoyan (wrongly called Oromiyan) was sent to go to the land of Igodomigodo where today Chief Mike Ozekhome holds the title of Enobakhare of Benin Kingdom.

This great man had all his trappings, equipped himself and became a lawyer, taking abode in the Delphic Oracle (that is what we called the Chambers of Chief Gani Fawehim). There he became the Aristostle, tampering with the Apologia left at the eye of euroba.

He journeyed on, for no destiny, no chance, no faith, nor circumstance could hinder, control or circumvent the firm resolve of a determined soul in Chief Mike Agbedor Abu Ozekhome as epitomised or postulated.

The great learned Senior Advocate of the masses grudges on, defending the most vulnerable and giving voice to the voiceless and muscle to the powerless.

The Okporokpo of Oleh kingdom, Delta State; the Aimotekpe of Okpeland, the Agbamofin of Ijanikinland, Lagos; the Ohamadike1 of Obibi Ochasi, Imo State; the Ada Idaha of Efik land and the great Akpakpa Vighi Vighi of Edo Land, the land of my ancestors, I salute you for it is morning yet.

There is no space here,for my ink is running dry; but before I drop, I remember your words to me while I was in the dock of the Warri High Court on the 12th day of July, 2013, “Omon, you look worried; mind you, those who think that they can cover the shinning sun with their palms will soon find the heat unbearable”.

Those who stopped you from becoming our Governor in 2003 indirectly made you Governor of all Governors.

In all these odyssey you traversed, behind the dìm unknown standeth God, watching over you, His own.

Obokhian, amonghon, iyare iyare, mooooooh.

CDS Omon-Irabor Esq writes from the hill and the cave of Ebudinland

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Opinion

Mr. President: Affordable Fuel is Possible at Zero Subsidy

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By Dr. Aliyu U. Tilde

Yesterday evening, I listened attentively to a panel of experts and stakeholders on the BBC program Ra’ayi Riga, anchored by Umaima Sani Abdulmumin. The program ended with a big doubt in my mind regarding a matter purported to be a provision of OPEC and crucial to the price of petrol in Nigeria.

Tyranny

I could not fathom how particularly the representatives of NNPC and IPMAN stressed that Nigerians will be at the mercy of two variables: the international market and the price of the US Dollar in Nigeria. They said OPEC agreement compels member countries to sell allocated domestic crude at international rate even if refined locally. One of them even said the Iran-Israel conflict can cause domestic price of petrol in Nigeria to rise.

So we should expect higher fuel prices anytime the rate of the dollar appreciates in Nigeria and also when, for any reason, there is a rise in the cost of crude in the international market. It is the rule, according to them. Our fate, they claim, is sealed, regardless of our OPEC membership and Dangote refinery. Nigerians will no longer have a stable fuel price.

Trust me, in Nigeria, the equation will be simultaneous. At any given moment, a reason will be found to use either or both parameters to increase pump price. The target of government is to extract more revenue from citizens while the businessmen in Dangote, Major Marketers, NNPCL and IPMAN continue to feed their greed for endless profit with our blood.

One would wonder why OPEC would be so oppressive in inflicting such tyranny on the citizens of its members. Senator Ndume, who was in the panel, said if he cannot understand why, how would they expect a commoner sitting under the tree to do so?

The truth

The truth is that there is no provision like that in OPEC agreements. In fact, the very idea of domestic crude quota arose in realization that citizens of member countries may need to enjoy cheaper oil than the international market price. That is why those citizens have been enjoying cheaper fuel for the past five decades in different countries. Many still do. Why not Nigerians?

If you ask ChatGPT whether OPEC agreement compels member countries to sell crude for domestic consumption at international market price only, this is the answer you get:

“OPEC (Organization of the Petroleum Exporting Countries) does not directly compel member countries to sell crude oil for domestic consumption at international market prices. OPEC’s primary role is to coordinate and unify petroleum policies among member countries to stabilize oil markets and secure a steady supply of oil.

“However, OPEC’s production quotas, agreements on output levels, and policies can indirectly influence domestic oil pricing. In practice, many OPEC members choose to sell crude oil domestically at subsidized rates or prices lower than the international market. This decision is made at the discretion of individual member countries, often as part of national energy policies aimed at supporting domestic economies and industries. Nonetheless, these policies may vary from one member country to another depending on domestic priorities and economic strategies.

“There is no formal OPEC rule that requires domestic sales to match international prices, though it can be influenced by international agreements and market pressures.”

The Truth

The truth is that the President and Minister of Petroleum can sell our 445,000 barrels a day to Dangote at even N50,000/barrel after taking into consideration the cost of extraction and OPEC will not raise any eyebrow. Dangote can charge the cost of refining, add his profit and sell to NNPCL and IPMAN at, say, N300/litre. On their part the marketers will add their cost of transportation, storage, profit, etc., and sell it to Nigerians at N400/litre. And—boom—we all will be happy.

It is entirely the discretion of the President and his government. So whoever wants to sell our locally produced fuel by that simultaneous equation is on his own. There is no OPEC in the equation.

The Squeeze

Also, among those who would fight against Nigerians enjoying affordable fuel rates are the IMF, World Bank and the West generally. They want the government to squeeze us the more such that we can service our debts and collect more loans from the Shylock. The age long philosophy is: our poverty, their wealth; our pain, their joy.

Added to these are local liberal economists who believe in high taxation, claiming that the blood money will be used to develop our infrastructure, health, education, etc. It is just the same old bunkum selling since 1986 at the debut of Naira devaluation while our infrastructure, hospitals and schools continue to deteriorate in rebuttal of that thesis.

A Call

I call on the President to consider the low income status of our citizen. Only affordable fuel price will hold together our social fabric, ensure our prosperity and guarantee our security. It is zero subsidy because we are not buying it from anyone. It is our oil.

The President must keep in mind that the IMF and oil magnates are not his partners in 2027. He is on his own. They will be there to outlive him and work with the next President. Let this sink into his psyche. Tam!

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Opinion

Happy 64th Independence Day!

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By Oyinkansola Badejo-Okusanya

From July 2011 to May 2015, it was my honour to serve the government and people of Lagos State as General Counsel to His Excellency, Mr. Babatunde Raji Fashola, SAN CON, the Governor of Lagos State. As one of my tasks, I had the honour of being the Governor’s speechwriter, and early this morning, as the clock chimed midnight, ushering in yet another October 1, I found myself reflecting on how far we have come as a nation. “Does our progress reflect our age?”, I asked myself. I really don’t know. My thoughts then turned to 10 years ago and I remembered the Governor’s 54th Independence Day speech, the 1st draft of which I was privileged to pen. The Governor’s words on October 1, 2014, ring as true today as they did then and I thought it was worth sharing excerpts from his speech. Happy reading!

“…Today, October 1, 2014, we are once again celebrating the anniversary of our independence from British colonial rule. Today marks 54 years since Nigeria became an independent sovereign nation, following the germination of a seed that had been sown seven years earlier, when in 1953, Anthony Eromosele Enahoro introduced a private member’s bill demanding self-government. When the British “Union Jack” flag was lowered for the last time and the green-white-green Nigerian flag was hoisted in its stead, the crowd went wild with jubilation, filled with high expectations of a greater tomorrow.

We can only imagine the exultant joy felt by our first Prime Minister. Abubakar Tafawa Balewa, when he mounted the podium on October 1, 1960. In his first Independence Day Speech he said:-

“This is a wonderful day, and it is all the more wonderful because we have awaited it with increasing impatience, compelled to watch one country after another overtaking us… when we had so nearly reached our goal.”

Indeed he mirrored the views of millions of Nigerians and echoed their thoughts. Independence Day soon became easily the most significant day in our national life, accorded a pride of place that was difficult to surpass. Independence day became synonymous with sights of the President and the State Governors in open-top vehicles inspecting Guards of Honour, of beautiful parades, exciting fireworks and National Day Award ceremonies. October 1 also became the day on which political batons changed, and elected officials handed over to their successors. A day for inspiring speeches and sober reflection on our growth as a nation.

As a school boy, I remember struggling hard to get selected to march for my school in the National Day Parade, the endless rehearsals, and the keen anticipation of waiting to see if I would be picked. There was no prize given and none was expected. It was enough that your school had participated.

“Left, Right, Left, Right, Eeeyes Right!” And on the sidelines, children cheering us on with their own rhymes – “dem dey look una, make yanga, dem dey look una, make yanga, Left Right, Left Right!

Filled with excitement, we would add more ‘yanga’, trying hard, but not quite suceeding, to match the synchronisation of the armed forces. After it all, bursting with pride, those of us fortunate enough to have been selected to march for our school would milk our success for weeks afterwards, wearing our school uniform with pride, basking in the recognition as we went to and from school in public transportation and displaying a sense of superiority over our “less fortunate” schoolmates. Such was the depth of our civic pride.

Today, sadly, the excitement has waned. October 1 appears to have now become a hollow ritual and regrettably, no more than just another work and school-free day. The flame of our national pride seems to flicker. This is not how it should be.

What is the importance of a day like this? What does it mean to you? What should it mean to you? All over the world, Independence Day anniversaries are celebrated with great fanfare, splendour, respect for the nation and a deep sense of patriotism.bln some countries, festivities leading up to Independence Day start up to three weeks earlier. Some hold Independence Day beauty pageants; some re-enact their independence, others play the National Anthem on the dot of midnight on all radio and TV stations. All put country before self, at least for that day. We should not be any different.

In that historic Independence Day speech, Prime Minister Tafawa Balewa also said:

“Words cannot adequately express my joy and pride at being the Nigerian citizen privileged to accept from Her Royal Highness, these Constitutional Instruments which are the symbols of Nigeria’s independence. It is a unique privilege, which I shall remember forever, and it gives me strength and courage as I dedicate my life to the service of our country.”

Noble words indeed, and the words upon which the foundation of our nation was built. It seems to me that there is no better time to rekindle the flame of Nigeria’s promise than now. We should reflect on Prime Minister Tafawa Balewa’s words and re-dedicate ourselves to the service of Nigeria. In other words, we ought to see October 1 as a day to rekindle our national pride.

Let us patriotically reaffirm in our hearts that, Christian or Muslim, we are one nation under God; that North or South, we are one indivisible people; that whatever our political affiliations, we are all Nigerians, and that what binds us together far outweighs what little divides us.

We will yet attain those great lofty heights we sing so gustily about in the second stanza of our National Anthem. And I pray it will happen in my lifetime.

So help us God.”

Happy 64th Indepencence Day anniversary, dear colleagues. Please spare a prayer for Nigeria on her 64th birthday post independence. May God help us to build a nation where no man is oppressed so that with peace and plenty, Nigeria may be blessed. Amen.

Oyinkansola Badejo-Okusanya, FCIArb,
was General Counsel to the Governor of
Lagos State from July 2011 to May 2015.

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