Opinion
Voice of Emancipation: Leadership with Compassion
Published
2 years agoon
By
Eric
By Kayode Emola
One of any government’s key roles is protecting the lives and properties of their electorate – a function which seems to be lacking in Nigeria’s leadership. It would appear that the Nigerian government has been, at best, absent in the large majority of Nigerians’ daily lives. Many were hoping that the election of Bola Tinubu as president would bring about positive change; but there seems to be little evidence of this so far.
The problem with the Nigerian system is caused in part by the lackadaisical attitude held by the people regarding their own welfare and the government’s absenteeism. Since the 1970s, successive leaderships in Nigeria have gradually eroded the welfare subsidy without any outcry from the people.
First, the Nigerian government stopped free food to school children, but no one objected. Then they stopped paying training teachers their monthly stipend, but no one objected. They started introducing school fees in tertiary institutions, and similarly removed many other subsidies, and yet our people remained silent.
The silence of our people permitted successive governments to continue removing any and all forms of welfare in existence. Included among these was the progressive selling of government properties until there was nothing left except the petroleum subsidy. Tinubu removed this last remaining subsidy early in his term, but its removal has not translated into the promised savings for the government, who is set to borrow another ₦2.5 trillion through bonds from the market.
The northern leaders are keenly aware of the dire situation of Nigeria and exploited it to their advantage during their time in government. Manipulating the currency enabled the creation of jobs for their racketeers, hence the need to constantly have a parallel currency market in the country. They have used this system to amass vast wealth both for themselves and their cronies during the decades when they were in power.
The currency market provided a means for them to rapidly generate revenue without having to manufacture anything. Through their access to the Nigerian treasury, they could obtain hard currencies – e.g. dollars – for cheap government prices, which they then sold at a profit to a multitude of buyers who needed these currencies to conduct their international business. This chicanery was enjoyed by many northerners selling currency for a living within the bureau de change industry.
When President Obasanjo came into power in 1999, he stopped this practice and floated the naira. This caused the currency to initially lose value against major currencies, but its value quickly steadied. For example, during the Abacha years the government rate stood at $1 to ₦22 and the parallel market was $1 to ₦88. When Obasanjo became president and the currency was floated, it rapidly rose until it peaked at $1 to ₦135 in 2005, but then remained stable at $1 to ₦120-₦130 until he left power in 2007.
The next president, the late Yar’Adua, reintroduced the parallel market upon taking office. Fast forward to 2023, upon Buhari’s exit the official government rate was $1 to ₦460, whilst the parallel market was exchanging at $1 to ₦763. This caused the currency manipulators, mainly comprising of northern racketeers, to benefit massively.
When Bola Tinubu became President of Nigeria, he announced his intention to create policies that would generate money for the national treasury. The only means of accomplishing this were either to raise taxes or remove subsidy. With nothing else remaining, he decided to remove the petroleum subsidy and float the naira.
Floating the naira was meant to benefit the people but, as it turns out, it has had precisely the opposite effect. The currency is on a free-fall to oblivion, with the current exchange rate at $1 to ₦1,515 and still rising. Aside from Venezuela and Zimbabwe who experienced dramatic declines in their economy due to sanctions imposed by America, never in my lifetime have I seen this degree of economic decline over such a short time.
All this demonstrates the abject lack of compassion in the successive governments’ leadership. They have taken and taken from the people until there is nothing left. It is only their very lives that the people have remaining, and, if care is not taken, the leaders will start taking these next. Already, the economic hardship is causing people to go days without food, as it is impossible to make enough income to meet the high cost of living.
The simultaneous removal of fuel subsidy and floating of the naira has generated sufficiently huge shock waves that even the government is feeling the pinch. The Nigerian Customs Service recently announced that it cannot fix the cost of clearing goods and would instead have to convert their price with the prevailing exchange rate of the day. This shows that even the government is now indentured to currencies like the dollar to set the benchmark value of goods and services in the country. This situation is capable of inflicting untold hardship on the people.
If only the leadership in Nigeria cared about the people that they govern, life would have been very different for both the general populace and those in power. Instead, the absence of compassionate leadership has brought the country to a position where the only viable option is to wind down this country and allow the indigenous nationalities within Nigeria to independently go and develop their lands and people. If the current president truly cares, this would be the best gift that he could give to Nigerians.
Anybody who thinks that Nigeria can be fixed is still living in a fool’s paradise. President Tinubu worked for over 20 years to become President, promising heaven and earth with the hope of changing Nigeria for good but as it stands, he is making Nigeria even worse by the day. Every day that the Nigerian government remains is another day of increasing pain for the people.
The better option is that we hold a sovereign national conference, with no holds barred, on how to effect a peaceful separation. It is clear that Nigeria is living on borrowed time and, if care is not taken, the low-level rumblings of chaos may escalate, with mass protests on the streets and the loss of many lives. We would be better to quickly tackle this situation by dialogue rather than allow a disorderly separation.
I hope those in Aso rock are listening to the cries on the streets, for if trouble were to break out in Nigeria today, there will be no place for them to hide. If they doubt this, they can ask the Rajapaksa family in Sri Lanka who, in 2022 ,when the presidential palace was invaded by angry mobs, could not find a plane to escape from the country. When there is nothing left to take from the people other than their very existence, then those people have nothing holding them back from full scale riot, as they have literally nothing else left to lose. This is a very dangerous position for those in leadership to put themselves into. The bottom line is that Nigeria is beyond repair, and it is time to wind it down peaceably to prevent any further loss of life, should the alternative route be taken.
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Opinion
Book Review: Against the Odds by Dozy Mmobuosi
Published
2 days agoon
December 4, 2025By
Eric
By Sola Ojewusi
Against the Odds is an ambitious, deeply personal, and unflinchingly honest memoir that traces the remarkable rise of Dozy Mmobuosi, one of Nigeria’s most dynamic and controversial entrepreneurs. In this sweeping narrative, Mmobuosi reveals not just the public milestones of his career, but the intimate struggles, internal battles, and defining moments that shaped his identity and worldview.
The book is both a personal testimony and a broader commentary on leadership, innovation, and Africa’s future—and it succeeds in balancing these worlds with surprising emotional clarity.
A Candid Portrait of Beginnings
Mmobuosi’s story begins in the bustling, unpredictable ecosystem of Lagos, where early challenges served as the furnace that forged his ambitions. The memoir details the circumstances of his upbringing, the value systems passed down from family, and the early encounters that sparked his desire to build solutions at scale.
These foundational chapters do important work: they humanize the protagonist. Readers meet a young Dozy not as a business figurehead, but as a Nigerian navigating complex social, financial, and personal realities—realities that millions of Africans will find familiar.
The Making of an Entrepreneur
As the narrative progresses, the memoir transitions into the defining phase of Mmobuosi’s business evolution. Here, he walks readers through the origins of his earliest ventures and the relentless curiosity that led him to operate across multiple industries—fintech, agri-tech, telecoms, AI, healthcare, consumer goods, and beyond.
What is striking is the pattern of calculated risk-taking. Mmobuosi positions himself as someone unafraid to venture into uncharted territory, even when the cost of failure is steep. His explanations offer readers valuable insights into:
• market intuition
• the psychology of entrepreneurship
• the sacrifices required to build at scale
• the emotional and operational toll of high-growth ventures
These passages make the book not only readable but instructive—especially for emerging
African entrepreneurs.
Triumphs, Crises, and Public Scrutiny
One of the book’s most compelling strengths is its willingness to confront controversy head-on.
Mmobuosi addresses periods of intense scrutiny, institutional pressure, and personal trials.
Instead of glossing over these chapters, he uses them to illustrate the complexities of building businesses in emerging markets and navigating public perception.
The tone is reflective rather than defensive, inviting readers to consider the thin line between innovation and misunderstanding in environments where the rules are still being written.
This vulnerability is where the memoir finds its emotional resonance.
A Vision for Africa
Beyond personal history, Against the Odds expands into a passionate manifesto for African transformation. Mmobuosi articulates a vision of a continent whose young population, natural resources, and intellectual capital position it not as a follower, but a potential leader in global innovation.
He challenges outdated narratives about Africa’s dependency, instead advocating for
homegrown technology, supply chain sovereignty, inclusive economic systems, and investment in human capital.
For development strategists, policymakers, and visionaries, these sections elevate the work from memoir to thought leadership.
The Writing: Accessible, Engaging, and Purposeful
Stylistically, the memoir is direct and approachable. Mmobuosi writes with clarity and intention, blending storytelling with reflection in a way that keeps the momentum steady. The pacing is effective: the book moves seamlessly from personal anecdotes to business lessons, from introspection to bold declarations.
Despite its business-heavy subject matter, the prose remains accessible to everyday readers.
The emotional honesty, in particular, will appeal to those who appreciate memoirs that feel lived rather than curated.
Why This Book Matters
Against the Odds arrives at a critical moment for Africa’s socioeconomic trajectory. As global attention shifts toward African innovation, the need for authentic narratives from those building within the system becomes essential.
Mmobuosi’s memoir offers:
• a case study in resilience
• an insider’s perspective on entrepreneurship in frontier markets
• a meditation on reputation, legacy, and leadership
• a rallying cry for African ambition
For readers like Sola Ojewusi, whose work intersects with media, policy, leadership, and social development, this book offers profound insight into the human stories driving Africa’s new generation of builders.
Final Verdict
Against the Odds is more than a success story—it is a layered, introspective, and timely work that captures the pressures and possibilities of modern African enterprise. It challenges stereotypes, raises important questions about leadership and impact, and ultimately delivers a narrative of persistence that audiences across the world will find relatable.
It is an essential read for anyone interested in the future of African innovation, the personal realities behind public leadership, and the enduring power of vision and resilience
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The Fault Lines of Power: A Global Leadership Crisis and the Path to Restoration
Published
7 days agoon
November 29, 2025By
Eric
By Tolulope A. Adegoke, PhD
“Across the world, we are navigating the fault lines of outdated leadership. The future belongs to those who can mend these cracks with the mortar of integrity, the vision of long-term purpose, and the resilience of empowered people” Tolulope A. Adegoke, PhD
Leadership serves as the foundational pillar for any thriving organization, corporation, or nation. It is the critical framework meant to ensure stability, inspire direction, and foster resilience against challenges. Yet, a pervasive and unsettling phenomenon is emerging worldwide: the development of deep fault lines within these very structures of authority. This crisis of confidence spans sectors and continents, from established Western democracies to burgeoning economies in the Global South.
This examination explores these global leadership fissures, with a specific focus on Nigeria’s complex landscape. We will diagnose the universal symptoms, analyze their acute manifestation in the Nigerian context, and ultimately, propose a constructive framework for renewal aimed at individuals, businesses, and governments.
Diagnosing the Global Leadership Decay
The erosion of effective leadership rarely happens overnight. It typically begins with subtle, often ignored fractures that gradually weaken the entire system. These fractures commonly appear as:
- The Credibility Chasm: A growing disconnect between a leader’s promises and their tangible actions. When rhetoric of transparency clashes with a reality of opacity, the essential bond of trust is severed.
- The Tyranny of the Immediate: An overwhelming focus on short-term gains—be it quarterly earnings or political popularity—that sacrifices long-term strategy and sustainable health. This is the equivalent of building on unstable ground.
- Strategic Inertia: In a world defined by rapid change, leaders who cling to outdated, rigid hierarchies render their organizations incapable of adapting, innovating, or surviving future shocks.
- The Empathy Void: Leadership that is intellectually or emotionally detached from the realities of its people, employees, or citizens. This breeds disengagement, stifles collaboration, and fuels a silent exodus of talent and goodwill.
- The Succession Failure: A critical neglect of leadership pipeline development, which creates a dangerous vacuum of vision and competence during transitions, jeopardizing institutional memory and future stability.
The Nigerian Context: A Magnified View of the Crisis
Nigeria, a nation brimming with phenomenal human and natural potential, offers a powerful case study where these global fault lines are particularly pronounced and consequential.
Within the Political Arena:
Leadership is frequently marred by a system that rewards patronage over performance. Rampant corruption diverts essential resources from critical public services, leading to a catastrophic decay in infrastructure, healthcare, and education. This, combined with policy instability across political administrations, creates an environment of uncertainty that discourages vital long-term investment.
Within the Corporate Sphere:
Many organizations, including prominent family-owned conglomerates, are hindered by overly centralized decision-making and weak corporate governance structures. When nepotism overshadows meritocracy, innovation is suppressed, and employee motivation withers. A survivalist mindset, driven by a challenging economic climate, often trumps strategic investment in talent and innovation.
Within Public Institutions:
A pervasive culture of bureaucracy and inefficiency often widens the gap between the government and the governed. This leads to profound citizen frustration and a demoralized public workforce, undermining the very purpose of these institutions.
The cumulative effect of these intersecting failures is a palpable national anxiety—a widespread belief that the nation is operating far below its potential, not due to a lack of resources or talent, but because of a fundamental breakdown in its leadership frameworks.
A Framework for Renewal: Building Resilient Leadership
Identifying the problem is only the first step. The imperative is to forge a path forward. The following advisory framework outlines how to bridge these fault lines and unlock latent possibilities.
For Individuals (The Agents of Change):
- Transition from Spectator to Stakeholder: Exercise accountability through informed civic participation and constructive advocacy. Use platforms, including digital media, to demand transparency and results from leaders.
- Embody Ethical Leadership Daily: Demonstrate integrity, accountability, and empathy within your immediate circle—your workplace, community, and family. Leadership is an action, not merely a position.
- Commit to Lifelong Learning: Proactively acquire new skills, cultivate a global perspective, and strengthen your emotional intelligence to navigate an increasingly complex world.
- Engage in Reciprocal Mentorship: Actively seek guidance while also dedicating time to mentor others. Cultivating the next generation is a collective responsibility that ensures a continuous flow of capable leaders.
For Corporations (The Economic Catalysts):
- Ingrain, Don’t Just Install, Governance: Move beyond superficial compliance. Foster a culture where independent boards, radical transparency, and ethical practices are non-negotiable core values.
- Systematize Leadership Development: Establish robust talent management and succession planning programs. Intentionally identify and nurture future leaders through targeted training, mentorship, and strategic role assignments.
- Champion a Stakeholder-Centric Purpose: Define a corporate mission that creates genuine value for all stakeholders—employees, customers, communities, and the environment. This builds lasting brand equity and attracts purpose-driven talent.
- Cultivate Psychologically Safe Spaces: Foster an organizational climate where employees feel empowered to voice ideas, question assumptions, and experiment without fear of reprisal. This is the bedrock of a truly innovative and adaptive organization.
For Nations (The Architects of Society):
- Fortify Institutions Over Individuals: Invest in building strong, independent institutions—such as the judiciary, electoral commissions, and anti-corruption bodies—that can function autonomously and uphold the rule of law.
- Prioritize Human Capital as the Supreme Asset: Direct national investment toward foundational pillars like quality public education and healthcare. An educated, healthy, and skilled populace is the most critical driver of sustainable national development.
- Articulate and Adhere to a Long-Term National Vision: Develop a strategic, non-partisan national development plan that provides a consistent direction for policy, transcending political cycles and uniting citizens around a common goal.
- Establish a Consequence-Based Culture: Implement a system where integrity is visibly rewarded and corruption is met with swift, transparent, and impartial justice, regardless of the offender’s status.
Conclusion: Laying a New Foundation
The fault lines in global leadership present a significant challenge, but they also offer a clarion call for renewal. The solution lies in a deliberate return to the core tenets of visionary, accountable, and empathetic leadership.
For Nigeria, and for the world at large, delivering on our shared potential requires a concerted effort to repair these foundations. We must collectively shift from a culture of short-sightedness to one of intergenerational stewardship, and from fractured allegiances to a unified commitment to the common good.
The blueprint for change is clear. By choosing to reinforce our leadership at every level, we can transform these fault lines into cornerstones for a more prosperous, stable, and equitable future. The responsibility to build rests with all of us.
Dr. Tolulope A. Adegoke, AMBP-UN is a Doctor of Philosophy (PhD) in History and International Studies, Fellow Certified Management Consultant & Specialist, Fellow Certified Human Resource Management Professional, a Recipient of the Nigerian Role Models Award (2024), and a Distinguished Ambassador For World Peace (AMBP-UN). He has also gained inclusion in the prestigious compendium, “Nigeria @65: Leaders of Distinction”.
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