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  • We are not comfortable with all the stories – Youth leader
  • Community insists on banker’s burial in hometown

Gloom and despair defined the atmosphere in Isiokpo, a community in Ikwerre Local Government Area of Rivers State on Thursday as the indigenes continued to mourn the tragic death of their illustrious son, reputable banker and philanthropist, Dr. Herbert Wigwe.

Their faces welled up in tears as the reality of an event they had received with disbelief finally dawned on them. Wigwe, his wife and son had died horribly last Saturday after the chopper they boarded in the US crashed and what started like a rumour in Isiokpo became a painful reality.

 

Isiokpo chiefs wept. Their women cried. Their youths were lost in melancholy and their children felt some vacuum. Since the incident, Isiokpo has been quiet. In fact, the entire Ikwerre Local Government Area felt the far-reaching sound of the fall of an Iroko tree in the wild. The Nigerian flag at the Ikwerre Local Government Headquarters located in the community was flown at half mast.

Undoubtedly, Isiokpo lost a great soul. Their shinning light was extinguished abruptly, causing thick darkness to pervade the entire community. Wigwe, indeed, meant different things to all the stakeholders of his community. The women and widows called him husband. For the youths, he was their hope, source of inspiration and role model. The chiefs and the traditional ruling council saw him as the pillar of Isiokpo’s development and the bringer of peace.

 

Little wonder everybody is mourning his exit. The community suspended all activities to reflect on the lives and times of Wigwe. In fact, markets, stalls and all business premises were shut in the community to mourn philanthropist Wigwe. The farmers abandoned their farmlands. Wigwe meant a lot for them.

Isiokpo Kingdom immediately declared eight days of mourning in honour of their benefactor. To begin the mourning period, all the indigenes and non-indigenes wore black outfits. Many were completely dressed in black while others wore clothes with touches of black. Vehicular movement was skeletal. Most of the vehicles seen that day in Isiokpo belonged to persons who came from other parts of Ikwerre and the state to join the mourning.

 

No market opened and no store sold anything on that day. All the busy roads of Ikwerre were dominated by persons in black carrying out processions in honour of Wigwe. Different groups of youths and women took over the procession. They sang sorrowful songs and dirges for Wigwe.

At the palace of the Isiokpo Traditional Ruler, HRM King Blessing Wagor, were canopies erected for mourners. The entire place was congested.

 

Others who could not join the procession were seen at the entrances of their houses sitting in melancholy and gazing into empty spaces. Some held their chins in their palms as they wondered what would become of their community without Wigwe.

At the palace of the Isiokpo Traditional Ruler, HRM King Blessing Wagor, were canopies erected for mourners. The entire place was congested.

 

He said: “We must traditionally bury him. He cannot be buried outside Isiokpo. He must be buried here. Isiokpo must find a way to probe his death. We must get to the root of the whole thing. Isiokpo is an ancient city. We must go back to our traditional way and find out what really killed Herbert Wigwe. If his death is natural, we will know. If it is from a human we will know.”

His demands were echoed by Apostle Ezemoye Peter, the President of Isiokpo Youth Council and the Coordinating Chairman of all the Ikwerre community youth leaders, who said said Wigwe would be remembered for restoring the elusive peace in Isiokpo.

Like the traditional institution, Peter called for a thorough probe of the circumstances that led to the copter crash that killed Wigwe.

He said: “We are not too comfortable with the stories. We, the youths of Isiokpo are using this opportunity to call on the Federal Government, the state and the National Assembly to look into this and follow up investigations to know what actually happened.

 

“We are not buying into the stories. It is a great loss to us and we can’t just lose a brother and father like that. We want the INTERPOL and the Nigerian government to find out what actually happened. 

“I am not a pilot and I am not an engineer. But in my layman’s understanding, when the weather is bad, you don’t take off. So the engineering crew and the helicopter company should be investigated. We need a thorough investigation to see what really happened.”

The President of Ikwerre Isiokpo Women Association, Christiana Ikpe, also said the women would not stop grieving over Wigwe’s death, insisting that Wigwe’s death was not natural.

 

She said: “Wherever this death comes from, let the land of Isiokpo locate it and find them out. None of them will go free. He was everything to us. He never loved us to cry. He was always backing us. He was taking care of the widow and many people were feeding under him.”

But why will the death of one man throw the entire community into maximum gloom? King Wagor said the personality of Wigwe was the reason behind the community-wide mourning.

King Wagor described Wigwe as a special man to the community, saying he was championing the development of Isiokpo before his shocking demise. He said Wigwe fulfilled many promises he made to the community. But his death has truncated many other life-changing projects he promised the community.

 

“Who will now complete the ongoing electricity project he initiated? Who will give us light?” the monarch lamented. He said Wigwe began an ambitious project of electrifying all the communities in Isiokpo before his death

The monarch said: “He is a special man to us. We are crying and mourning him. God knows everything. I won’t ask God why. We have handed over everything to Him. May God give us the mind to endure it.

“We relied on him. He came to develop Isiokpo. He was a wonderful person to us. He left many legacies in the community. He sited a university here. He made many promises. He promised us plenty things. We are in tears.

“The light project He promised us is still ongoing. Who will give us light again? He has gone and we are in pains. What happens to our Xmas bonus? He used to supply rice all over Isiokpo. We enjoyed him and his death is painful. He was humble, honest and respectful.”

The traditional ruler said Wigwe’s death had taught others to strive and make positive impact in their communities. He said if Wigwe had not left such legacies, the entire Isiokpo would not be mourning him.

He said: “This death is an example to all of us. You must make impact in your community. If Herbert is not a good man, this crowd will not gather here today. We can’t be here crying. Let’s follow in Herbert Wigwe’s footsteps.”

For the youths, Wigwe stood for hope and peace. Isiokpo was a war-torn community before Wigwe’s intervention. The youths were known for kidnapping, cultism and armed robbery. The area was initially deserted as people fled the community because of insecurity.

 

Apostle Ezemoye Peter said Wigwe would be remembered for restoring the elusive peace in Isiokpo.

Peter said: “Wigwe was one of those who brought peace in the land. One of the task he gave to me as a youth leader is ‘if the town is quiet and cool, if the youths are changing into getting themselves educated and integrated into the society, I will support them’. It was a task and we ensured we carried it out.  Everywhere has been transformed”.

He said Wigwe also promised to place the university on the world map. He, however, said the late banker fulfilled the promise through his vision of recreating the Harvard University in Isiokpo.

Peter said one of the ways he did that was through his decision to set up an ambitious university project, the Wigwe University, with a Harvard standard within the community.

Quoting what Wigwe told the youths, he said: “Our late father and boss Wigwe came back to us and said, ‘I am bringing down  this university to our community and I am bringing down many of my friends to ensure that they put things in place that will put the community on the map’.”

Peter insisted that Wigwe fulfilled that promise, adding that through the Wigwe University, Isiokpo had been etched on the world map.

He said: “And I can tell you he did that. Isiokpo today is in the map of the world. Sometimes empowering the youth is not just about giving money. When they create an enabling environment for you to excel, it is empowerment. That is what has happened in Isiokpo.”

The youth leader lamented the death of Wigwe, describing it as shocking and saying that the entire community had been crying since the incident occurred.

Peter said: “The only way we can honour his death is to ensure that his legacies are sustained. That is the best way anyone can mourn him. We must protect all and ensure we actualise all his dreams and aspirations.

 

“His dreams and his name shouldn’t be allowed to go into extinction. He has done his own. The only thing left for the youth is to do their part.

“We must protect all and ensure we actualise all his dreams and aspirations. His dreams and his name shouldn’t be allowed to go into extinction.

“We are mourning him for eight days. But after today, activities will go on in the community on a low key. Wigwe did a lot for the community.”

Perhaps, the women are the worst hit. Wigwe took care of them all, including the widows. The President of Ikwerre Isiokpo Women Association, Christiana Ikpe, said the women would not stop grieving over Wigwe’s death.

 

Christiana said: “Herbert was a brave man and a great man. He didn’t eat alone and he loved his people. It is not everybody that made it that came home. But he made it and came back to give back to his community.

“He was my cousin, our brother and our husband. Our hearts are bleeding. The entire Ikwerre Isiokpo are in tears. Ikwerre as a whole we are in tears. Though you don’t ask God question, some things will happen and you will ask questions. Where did this thing come from? We want to know.

“This is a great shock in Isiokpo. We are crying for both his father and mother. It is only God that will console them. We can only tell them sorry the same way people are coming here to tell us sorry. Only God knows our hearts.”

Emphasising how Wigwe rescued the community from instability, he said: “He was feeding everybody. Ikwerre land was hot before; kidnapping and killing everywhere. But he came and collected all our children and gave them employment. More than 2000 of our children are there working. Since then, Isiokpo and all Ikwerre land became calm because of his good heart.”

At the massive site of Wigwe University located within the community, constructions are still ongoing. In fact, the general area is a construction site. An employee of the university, Godspower Brilliant Ezendu, who hails from Isiokpo described Wigwe as a father to all.

He said: “He was a father to everybody. The work I am doing today is as a result of his project, the Wigwe University. This his singular project employed over 10,000 youths. People should try to imitate him.”

The people of Isiokpo may take long to recover from the death of a man who floated different projects to rescue them from poverty, underdevelopment and unemployment. They are only praying that some of his projects such as the Wigwe University and the electricity project will not die with him.

[TheNation]

 
Saturday, 17 February 2024 07:17

AFCON: Fubara gifts Nwabali N20m, state honour

Rivers State Governor, Siminalayi Fubara, on Friday, said his administration will sustain purposeful governance and administrative efficiency because they are helping the people of the state to engage in ventures that bring honour.

Fubara spoke when he hosted the Super Eagles goalkeeper, Stanley Nwabali, who participated in the just concluded 2023 African Cup of Nations in Ivory Coast.

The governor, who announced a N20million reward for Nwabali said he will also be bestowed with the honour of Distinguished Service Star of Rivers State.

Fubara also gifted N30 million to the Super Eagles’ crew who were present.

 
 

In a related development, for emerging as champions in the Louis Edem National League competition, Fubara gifted N50 million to the Rivers Hoopers Basketball Team.

This was contained in a statement issued by the media aide to the governor, Boniface Onyedi, and made available to newsmen.

Fubara said in providing leadership, his focus was to create an enabling environment in which Rivers people will continue to feel encouraged to do the right thing to align with what he is doing in changing the narrative of how Rivers State is perceived globally.

The governor commended the Rivers-born  Nwabali for his excellent goalkeeping in the Super Eagles team, playing alongside other patriots in the just concluded AFCON, which has made Nigeria proud.

He said, “I want to join the great and wonderful people of Rivers State to congratulate you, our brother Stanley Nwabali and our wonderful team.

“We are here again in just about four months after you won a local trophy.

“Today, you have brought a national trophy. So, when people say or talk behind us to ask what we are doing, we are achieving those things that are not, maybe, seen physically but they give joy and fulfilment.

“If we have not encouraged you in a way that motivated you, you won’t be where you are. So, it is part of purposeful governance and administrative efficiency.

“So, I want to thank you and assure you that we will continue to do our best.”

He urged residents of the state to continue to consciously do positive things that promote the state and attract honour.

 

The state Commissioner for Sports, Christopher Green, lauded Fubara for his support that motivated the Rivers Hoopers Basketball Team to clinch the national league trophy as champions.

Also speaking, a former Commissioner for Justice and one-time Super Eagles player, Chief Adokiye Amiesimaka, while recognising the impact of sports development in the state, commended the purposeful leadership of ubara.

[Punch]

Ejindu`s grandfather, Okachie the wise, was always a man of great insights. He knew Alaoma and its people like the back of his hand. But he was also not a man of many words. Were he a man of many words, he would have told Ejindu, his grandson, and many other people, that his insight into people’s nature and character was a gift of the gods. He would also probably have said that it was partly because he had seen so many years in the village that he could tell the turn of events simply by sniffing the wind.

But he was no talkative. Thus, no one knew his thoughts on these matters.

He was always his own man. He believed that the spoken word should be accompanied by action; hence his aversion for people who talked too much. He once rebuked an imprudent prattler by advising him to watch his steps, lest he step on a rattlesnake and join his ancestors prematurely.

Okachie taught his son Obidike, and his grandson, Ejindu, that one must always do one`s best to ascertain which bridges to burn and which ones to cross in life. He always warned them never to forget that no one could do an evil did and truly be at peace with himself, or with the gods.

He sometimes spoke of destiny, but of destiny made by each individual for himself. He would not give window to the lazy and unsuccessful who blame destiny for their failings. Nor would he approve of the attitude of the brave and successful who make the mistake of flaunting their achievements, as if in defiance of the gods.

He respected and praised diligence and responsible behaviour, in leaders and the led alike. He had no regard for the bad people in the community, whatsoever. The repeated attempts of many good people to call the depraved among them to their senses over the years had all been to no avail.

Okachie, therefore, knew for a fact that the bad, the depraved and the temporarily triumphant in Alaoma, had prepared their own fate. He also knew that the fate so prepared had become inevitable.

He has seen many people rise and fall in his long and eventful life. He has also watched the fortunes of those who overrated themselves plummet. He has come to realize, with time, why the fate of people who overrated themselves was always easy to predict.

He likened them to reckless butterflies which, thinking that they could take liberties with the flickering light of the open flame of an oil lamp, soon discovered that the fire usually burnt flying insects to death. And the discovery always came when it was too late for the unfortunate insects.

The few reckless, fire-loving, night insects that managed to survive such encounters usually got de-winged and diminished; unable to ever fly again. Thus, de-winged, they would not show themselves anywhere among flying things ever again. They had become crawling things, through their own efforts at folly. They would all be eventually eaten by ants, rodents, frogs and worms. Their tomfoolery made their fate inevitable.

Okachie used to warn Ejindu, his grandson, not to be deceived if some bad and reckless people appear to be doing well. Not even when their prosperity lasts for a while! And not when their apparent good fortune seemeds to make a mockery of the gods and of the laws of the land. It would only seem to be so, Okachie would say.

Such people usually came to no good in the end. More often than not, their end was quick and inglorious. They would pass away with appalling ease, unsung; to be remembered occasionally when parents wished to admonish their children about the dangers of presumption and reckless living.

Like the morning flower that withered with the upward climb of the morning sun, the memory of such people served as perpetual reminders to others; that only fools used the early morning flow of customers to make proud pronouncements about how the day’s sales would be in the market.

Okachie once told a group of reckless young men that a man who refused to learn from the mistakes of others was like an oiled calabash that remained dry inside and outside, after long hours in water.

The oiled calabash absorbs no water. Therefore, it gives none. It gets immersed in the richest abundance, but only serves as an instrument for carrying such abundance to others. It is no example of how to absorb water when immersed in it.

Okachie would call such people forests without game! Cobs without corn! Castles without gates and guests! Clouds without rain! Hens that do not know the value of ‘kwom, kwom’, the calling sound, for guiding young chicks along the path of life and away from danger!

He once warned a disrespectful young man thus: ‘When elders see the first dance steps of a young man who receives the Ozo title at the age of twenty, they know whether he would live to be an old man.’

Okachie could say that because he had seen many such young men come and go. He was an old man now; a very old man indeed, from whom even other old men often sought wisdom.

Ejindu, his grandson, often recollected the many patient lessons and kind words of wisdom from his grandfather. He always felt humbled by the fact that his grandfather was a man so completely without airs that you sometimes wonder who, or what, he really was.

Through this patient old man, Ejindu had come to know and understand much that he would not otherwise have ever known, or understood, without the benefit of being close to his grandfather. Yes, Okachie was a man from whose words you sometimes discerned the voice of the gods.  It was as if his ancestors knew his nature and gave him that name.

The name, Omee-Okachie, means ‘one who does, or says, and rules that it is over and cannot be redone – or undone’; `one whose actions, and pronouncements, are to be accepted as a matter of course’. An Omee-okachie is not to be contradicted in word or deed. He earns, receives and enjoys respect without being arrogant.

And this particular Omee-Okachie has held his position as head of his filial clan with a quiet, unobtrusive but unassailable dignity and authority.  As head, he was the custodian of a family tradition.

He lived true to his name, but almost like some kind of benevolent guardian spirit to everyone. Alaoma people knew that for a fact. As the oldest and wisest man in the community, he was now also the village Patriarch. He was, at once, leader, guide, teacher, nurse, mentor and healer.

While his position as community patriarch was conferred on him by age and wisdom, his status as Patriarch of his extended family was conferred on him by the filial Patriarch before him. It would be his task to also eventually identify another and hand over this custodianship, the way he was identified and given the mantle.

He thought about this from time to time, often wondering whether he was taking too long in handing over the custodianship to another. At least the feeling was creeping in on him that he was running out of time and that he needed to discharge this burden sooner than later.

Then, one fateful Eke market day, an incident occurred that led to his son, Obidike, becoming the new head of the filial clan. And it came without any warning.

It was just like any other day for Agbonma, his wife, Obidike and his siblings, until Okachie came back after the day`s work. They were all surprised, even a little startled, when the man of the house walked into the family compound with strangely slow and heavy steps. This was most unlike him.

When he stopped midway and stood on one spot in the compound, apparently lost in thought, Obidike and other members of the family sensed that all was not well. More so, because they noticed that he was not fully conscious of what was going on around him.

He was like a man in a semi-trance, or someone who was seeing only the thoughts in his head. Strange!

It was still early evening when he walked into the compound. The full evening was merely sneaking up from behind the late afternoon, to subtly drag it along and force it to become night. Yes, the sun’s eyelids were beginning to look heavy. They were slowly covering it in the western sky. And it looked so terribly red.

As the giver of daylight was quietly disappearing under the massive, crimson eyelids of clouds, while it was still visible, with its wide afterglow, Okachie was still standing there in his compound.

The full evening finally came! The evening birds started singing and chirping in neighbouring bushes. The crickets started clearing their throats and warming up their wings for yet another round of night music. What would moonlight games be without these musicians of the night? How would you enjoy the moonlight tales without the sounds that made them so genuinely traditional and real? The crickets, the insects and other creatures of the night, usually created the chorus of sounds that added joy to every night in the community.

But Okachie could hear none of that as he stood transfixed. Whatever put him in this state must be serious and ominous. Given the sombre air, there can be no gathering of children under any benign moonbeams. No dreamy, and sometimes scary, stories about the amazing exploits of the ever-cunning tortoise, no!

But enough of Omee-Okachie and all that.

The above, from my coming book, “The Return of Ejindu, deliberately “speaks in tongues”. Nigerians are perplexed. There is fear and trembling, everywhere. Riots may escalate, as insecurity and hunger escalate. State and local governments ignore their roles as primary custodians of the people’s welfare. The precipice is so close, but is overlaid with coloured mats. Do you smell bad news in the air, from Okachie; who is still standing in the compound – as night closes in?

QUOTE

Nigerians are perplexed. There is fear and trembling, everywhere. Riots may escalate, as insecurity and hunger escalate. State and local governments ignore their roles as primary custodians of the people’s welfare. The precipice is so close, but is overlaid with coloured mats. Do you smell bad news in the air?

Those who know Mr. Olayemi Cardoso will agree he got his current job as the Governor of Central Bank of Nigeria on a platter of solid professional background and strong personal attributes. His pedigree is rich as his character is unsullied. Cardoso had a remarkable private sector career where he shone brilliantly in banking, stockbroking and consulting.

Cardoso also came from a very solid family pedigree. Nigeria’s late Prime Minister, Sir Abubakar Tafawa Balewa, appointed his late father, Mr. Felix Bankole Cardoso, as the first Accountant-General of the Federation in 1963. The late elder Cardoso served with enviable record till 1971.

Part of the remarkable private sector career of Olayemi Cardoso was his appointment as the Chairman of the Board of Citi Bank in Nigeria.

Cardoso began his public service journey when he became the Commissioner for Budget and Economic Planning in the cabinet of Asiwaju Bola Tinubu, Governor of Lagos State as he then was in 1999. In addition to superintending that ministry, Cardoso was charged with several other responsibilities including heading important cabinet committees that birthed landmark agencies in the state. Cardoso was known for enforcing strict budgetary discipline that contributed significantly to the overall success of the Tinubu administration in Lagos. He refused to authorise the release of funds for projects or programmes that had no budgetary head. For all of that and many more, Cardoso was nicknamed the Headmaster.

Armed with a Bachelor of Science degree in Managerial and Administrative Studies and Masters in Public Administration from the prestigious Harvard Kennedy School of Government and parading strong personal attributes, Cardoso is obviously a perfect fit for the CBN top job. He is calm but firm, strict but fair, prudent but practical, straightforward and honest with loads of integrity. These are the unique qualities he carried unto his job at the apex bank and his major selling points when on September 23, 2023 he officially assumed office with the Senate confirmation of his appointment.

However, it does appear Cardoso will need much more than that to succeed in his present assignment. Under him, the CBN seems to be doing the right thing or doing things right: thinking and working on coming up with appropriate monetary policies, moving to rein in the rising foreign exchange rates and particularly achieve an appropriate value for the naira, which Cardoso believes has been undervalued.

But in the wake of the floating of the Naira, some of the variables shaping the value of the national currency, including limited production in the country as a result of insecurity, Nigerians’ high taste for imported products, dwindling exports, poor dollar remittances, humongous school fees of Nigerian students abroad and medical tourism all of which engendered a strong demand for dollar, far outweighing supply, seem to be clearly beyond his control.

Until these situations change for better, no amount of monetary policies by the CBN will work any miracle, hence Cardoso’s predicament. For instance, in his presentation at the sectoral debate organised by the House of Representatives two weeks ago, the CBN governor lamented that the growing number of Nigerian students studying abroad, increasing medical tourism and food imports have led to the depreciation of the Naira against the Dollar. According to him, over the past decade, foreign exchange demand for education and healthcare totalled nearly $40 billion, surpassing the total current foreign exchange reserves of the CBN, while personal travel allowances accounted for a total of $58.7 billion during the same period.

Another critical yet intriguing factor but seemingly odd in Cardoso’s reckoning is the perception in some quarters of some of the decisions of the CBN, which the apex bank considers purely administrative, but which some others give strange connotations.

One of such is the decision to move some departments of the bank; notably banking supervision, other financial institutions supervision, consumer protection department and payment system management department from Abuja to Lagos.

Indeed, until the Emir of Kano, Alhaji Aminu Ado Bayero, spoke on this issue last week, I had reckoned that the imperative of the planned relocation of some CBN departments and the headquarters of the Federal Airport Authority of Nigeria from Abuja to Lagos was evident enough. I had reasoned that the Northern politicians including Senator Ali Ndume from Borno State who had moved to bring down the roof over the development were merely playing politics.

The Emir of Kano, a highly revered royal father, raised the ante last Monday while receiving the First Lady, Senator Oluremi Tinubu, who was in Kano to inaugurate the School of Law Building named after her by Maryam Abacha American University of Nigeria, and had stopped by to pay a courtesy call on the Emir.

Emir Bayero, whose speech was translated from Hausa to English Language by a senior palace counsellor, had told the First Lady to convey his message to President Tinubu. He said among other things: “We are indeed suspicious on why Mr. President single-handedly relocated key departments of CBN, and outright relocation of FAAN to Lagos.

“We are receiving a series of messages from my subjects, and most of them expressed concern over the relocation of CBN and FAAN to Lagos. President Tinubu should come out clean on this matter and talk to Nigerians in the language they would understand. Do more enlightenment on this matter. I, for one, cannot tell the actual intentions of the government. We should be made to actually understand why the relocation of the CBN and FAAN offices back to Lagos.”

Many will wonder why some members of the northern elites are losing their cool, misinterpreting this move and, perhaps inadvertently, heating up the polity on this rather elementary matter. Is their reservation altruistic? Or are they just being sincerely mistaken and reading unnecessary motives into the policy? With the benefit of hindsight, one can say that Cardoso and his team should have understood the political dimensions of the decision better and undertake a more effective public enlightenment on it rather than treat it as a purely administrative matter. Knowing the kind of people and country that we are and the fact that ours is a multi-ethnic, multi-religious and multicultural society where every action or decision is viewed from ethnic and religious lenses, the CBN ought not to have released the news about the movement of the departments concerned in a routine manner as it did.

It should have released the news with the detailed information and explanation behind the move. The CBN Communication Department should have deployed all in its arsenal to explain the movement to its critical stakeholders and the general public. The apex bank should have seen the movement beyond a mere administrative move, which is within its remit to do. The bank should have situated the movement and anticipated the social and political meanings some may give it. That is how things run in Nigeria.

A deeper and detailed explanation was later provided when Cardozo appeared on the floor of the House of Representatives in Abuja. I was there at the session and witnessed it all. Asked by one of the members of the House from the North, at the session, the rationale behind the movement, the CBN Governor said: “There is nothing political in the movement. We didn’t change any plan. It has always been like that to ease banking supervision. Most of the banks are based in Lagos. So it works well for supervision if our officials are there with them and close to them and close to those the banks interact with. It’s for administrative convenience. It’s also cheaper for the CBN.” He also disclosed that the movement of the departments concerned to Lagos is also important because, according to him, the country is at the point where there is a need for more banking surveillance.

It is important that the CBN governor draws the appropriate lesson from this. He should learn from this experience that though his job of superintending the country’s monetary system is a professional and economic one, yet it has its political aspects. His decisions have consequences not only on the economy but also on the political front. As such, the CBN Governor must always pay attention to the political ramifications of his decisions.

He must be political without being partisan.

Indeed, his situation is also not helped by the fact that he has had very political predecessors-in-office including the high-sounding Professor Chukwuma Soludo, the soft-spoken but loud former Emir of Kano, Khalifa Sanusi Lamido Sanusi, and the immediate-past Governor, Godwin Emefiele (this one even attempted to contest for president while holding the office as CBN governor).

There are a couple of things to say on the hoopla about the staff transfer though.

One, President Tinubu is receiving attacks over the movement. Emir of Kano says he must reverse it, urging the First Lady to deploy the feminine soft power to actualise this. Yet, to all intent and purposes, the President that is being asked to reverse the transfer may not have been apprised of the decision because he does not micromanage those he gives responsibilities to where their unique expertise and experience are called to service. The CBN on its part may not have briefed the President because Cardoso had seen the planned movement as purely administrative.

Secondly and more importantly, those who are responding negatively to the policy are treating Abuja as if it belongs to the North rather than being the symbol of the entire country as the Federal Capital Territory. In that capacity, as the FCT, Abuja belongs to all and belongs to no one. In the same vein, as the economic capital and nerve center of the country, Lagos is a melting pot where representatives of virtually all ethnic and cultural groups in the country reside and earn a living.

There is absolutely nothing that says that the headquarters of all Federal Agencies must be located in the Federal Capital even when economic considerations and efficiency dictate otherwise. Some federal agencies reside neither in Abuja nor Lagos at present and their work go on unimpeded.

In any case, President Tinubu’s pan-Nigerian outlook and credentials are too well known. His ability to build political and personal networks and relationships across the length and breath of the country were partly responsible for his victory in the keenly contested 2023 presidential election. He will be the last person to approve or support any policy designed to be detrimental to any part of the country.

But for CBN Governor Cardoso, all of that represents his baptism of fire and a wake-up call for him to be a little more flexible particularly in matters that have wider political connotations.

– Rahman is a Senior Presidential aide

Saturday, 17 February 2024 07:08

Segun Odegbami: AFCON - why we lost!

I don’t even understand it any more.
Nigeria was destined to win the 2013 AFCON. I believed it with all my being.
Then it did not happen!
It is very significant that the federal govt still went out of its way to reward the team as if they won! That, is very significant, because the Eagles were rewarded even for not coming first!
But why?
I was there at the stadium in Ebimpe. We were cruising to success. Then it happened!
Paseiro? Okay, fate has determined his fate. He is leaving with adequate rewards for his effort. But no more! Let him go! He is not good enough for the future. No sentiments, just the bare facts.

Now, I have learnt of 6 Nigerians that died from watching the semifinals and final matches of the AFCON. It is unheard of in my entire relationship with Football. 6 persons and still counting, from the tension of Nigeria not winning? What does this sacrifice of innocent lives mean? We will never know!

In the past 24 hours, I have learnt that a teacher in my own school, a gentleman we all call ‘Ten-Ten’ because of his love for football, died as he was watching the Eagles start to lose to Ivory Coast.
I also lived in the house of Chief Labiyi in Oke Ado in Ibadan. He was the former Principal of Ibadan Grammar School. Wale and Jide were Chief Labiyi’s children. Wale died last week whilst watching the Super Eagles lose to Cote D’Ivoire.
I learnt about these two deaths in the past 24 hrs. This adds to the 4 other Nigerians that were reported to have died whilst watching the disappointment of the Super Eagles’s performances between the semi-final and final matches.

There is something about those matches and the seeming ‘sacrifices’ made by these 6 (and possibly more) Nigerians that loved their country so much, and died under the pressure of wishing for the country’s success.

I am just leaving Ibadan.
I arrived Nigeria and have not gone home in Lagos to see my family members. I drove straight to Ibadan to be a part of the burial ceremony of my friend and colleague, Phillip Kweku Kolawole Boamah, who died some moths ago. Phillip was a Ghanaian football player that played for the national team of Nigeria and was part of winning Nigeria’s first continental club football trophy in 1976.

His death and burial were a solemn reminder of our collective mortality.
I am grateful to the children who organized a very dignified and befitting funeral.

Yet, it was a reunion of some sort.

At the end of the event, a few friends from those years back in the day in Ibadan, came together to share ‘communion’ of lunch and drinks in remembrance of Philip.

In the picture are old Comradès in the business of fun in Ibadan - from left of picture- Tokunboh Adejumo (my in-law), Godwin, Yours truly, Gbola Bakre, and Pius Aludo, leaving qn old ‘joint’ for our reunion!

I am still thinking and working out the connection between that and Nigeria’sloss at AFCON. Was losing a price to pay for what could have been a bigger ‘disaster’? We will never know, will we?

I have received so many condolence messages from friends and persons I do not even know on the death of my boss, brother and friend, Dr. Herbert Wigwe. Indeed, the outpouring of grief across the country has been overwhelmingly comforting. I thank you all.

But this evening, I received a strange call from a friend, who told me that Herbert’s death is a punishment from God because when Access Bank acquired Intercontinental Bank, some people who worked for the acquired bank had developed heart attack and died. I lost my cool and told him that he’s talking nonsense.

Even before Access bought Intercontinental in 2011, there were many mergers and acquisitions in the banking industry arising from the banking consolidation of 2004 and 2005. The bank I worked for then merged with four others and formed a new, bigger bank. Many lost their jobs, but they ended up reentering the industry as the sector expanded, while some others changed careers. Those who attended business school would recall that all M&As will always result in job losses because the synergy created usually lead to some redundancies. This is typically presented in the equation: 1+1 = 3.

Herbert is not the first person to die in an air accident. Remember ADC, Dana and Bellview air crashes? Did the passengers all die because of what they did? In 1995, many school kids coming home for Christmas holidays from Abuja died in Sosoliso air crash in PH. Did those children die because they bought a bank? Did they die because of their sins? What of those air crashes involving Ethiopian airlines, Malaysian airlines and other international airlines?

Is air crash the only way that people die tragically? What of those who die from drowning, fire disaster, electrocution, armed robbery attacks or even kidnapping? Is it also because of whatever they did on earth? What of women who die from childbirth? What of children who die from the six childhood killer diseases?

The person who called me this evening presented a very uninformed and nasty understanding of death, ethereal and esoteric matters. He was very insensitive to the huge loss that has befallen me. I am happy that I gave him a piece of my mind.

The Nigeria Labour Congress said it has put machinery in place for a two-day nationwide protest slated for February 27 and February 28, 2024.

The NLC’s National President, Joe Ajaero, said the protest would begin a week after the expiration of the 14-day ultimatum it issued to the Federal Government which will expire on February 23.

Ajaero, who spoke during a briefing with journalists in Abuja, said the decision followed an emergency National Executive Council meeting on the state of the economy and matters related to insecurity in the country.

On February 8, the NLC and the Trade Union Congress gave a two-week ultimatum to the government to meet demands ranging from wage increments to improved access to public utilities and accused it of failing to uphold pledges to soften the impact of reforms.

Ajaero said the Federal Government should not flout the deadline of the 14-day ultimatum.

The organised labour lamented that millions of Nigerian workers are facing hunger, erosion of purchasing power and insecurity due to reforms that drove up inflation.

This followed President Bola Tinubu’s decision to scrap a popular but costly fuel subsidy last May and his administration’s lifting of restrictions on currency trading, which more than tripled petrol prices.


Details later…

President Bola Tinubu has been appointed the African Union, AU, Champion for Human Resources for Health and Community Health Delivery Partnership against the backdrop of his ambitious, innovative, and people-focused efforts in the sector.

This was disclosed in a statement by Chief Ajuri Ngelale, the Special Adviser to the President on Media and Publicity on Friday.

The Commission of the African Union, Africa Centres for Disease Control and Prevention — Africa CDC, in a letter to Nigeria’s Ministry of Foreign Affairs said Tinubu was appointed on the recommendation of the Committee of Heads of State and Government of Africa CDC, under the leadership of His Excellency, President Azali Assoumani, President of the Union of Comoros and Chairperson of the African Union.


In his new role, the Commission subsequently invited President Tinubu to address the Ministerial Executive Leadership Programme, MELP, under the theme, ‘Impactful leadership in health: a whole government approach’, billed for Saturday, February 17, 2024, at the Africa CDC Headquarters in Addis Ababa, Ethiopia, on the margins of the 37th Ordinary Session of the Assembly of AU Heads of State and Government.

Herbert Onyewumbu Wigwe (15 August 1966 – 9 February 2024)

He made a living, and a fortune, pitching and being pitched to. In a viral video circulating in the wake of his passing, he’s captured pitching his latest project: a new University. “This is your project, and you will protect it with everything you have,” he says, in pidgin English. “There will be no University like this, no just in Nigeria, but even in Africa.” The crowd—young men from his ancestral home, where the University is sited—is fired up, and break into song and dance intermittently. This son-of-the-soil addressing them looks unsure whether to dance or not. He’s clearly far more at home in gilded boardrooms, speaking English, not pidgin. At the same time, venturing passionately into unfamiliar territory is how he’s managed to come this far.

Besides passionately sharing his many visions, Herbert Onyewumbu Wigwe loved nothing more than closing deals, and executing projects. “His answer to me was always the same: my brother, done!” says someone who grew close to him in recent years. Over the course of two decades, Herbert, alongside his best friend and business partner, Aigboje (“Aig”) Aig-Imoukhede, whom he first met in 1989, built Africa’s biggest bank by customer base, and Nigeria’s largest by assets. At the time of his death, Access Bank Plc was settling nicely into a world-conquering phase, expanding aggressively in and beyond Africa.

His empire included his non-profit, The Herbert Onyewumbu Wigwe (HOW) Foundation. (He signed-off social media posts with #HOW). Wigwe University, taking shape in Isiokpo, his bicycle-loving, masquerade-flaunting, oil-rich hometown, in Rivers State, to “raise the next generation of fearless leaders.” Craneburg, one of the most prominent construction businesses in Nigeria today, founded by his wife, Chizoba. And several other business ventures he personally founded or invested in, often quietly.

He was energetic, restless, ambitious. Executive Director at Guaranty Trust Bank at 33; Group Deputy Managing Director of Access Bank Plc at 36; Managing Director and Chief Executive Officer at 47. He talked fast, moved even faster. Together, the pair of him and Aig formed one of the two most intriguing tag-teams in recent Nigerian banking history—the other pair being Fola Adeola and Tayo Aderinokun; the older-by-a-decade co-founders of GT Bank, from where Aig and Herbert resigned as Executive Directors in 2002 to buy and lead Access Bank. (Tragically, Tayo Aderinokun passed away in 2011—only a year younger than Herbert would be at his own death). 

In their days running Access Bank, Aig and Herbert earned reputations as taskmasters. (Aig describes it, in his 2021 memoir, as “our fabled work ethic”). Critics saw them as willing to go to any lengths to achieve whatever they sought. The landmark takeover of Intercontinental Bank in 2011—which tripled their customer base—was believed to be a hostile, even ruthless, one. Not uncommon allegations, admittedly, at that level of performance.  

“M&A Mindset”

In the wake of his death, the tributes pouring in all point to a man who was incredibly kind and supportive to many, always looking out to offer a helping hand. There was always room in his circle for people he considered smart and ambitious. His Executive Assistant came from Diamond Bank, which Access acquired in 2019.

His “Mergers and Acquisition mindset” (as a tribute by Alex Otti, banker and current Governor of Abia State, described it), fueled much of what he accomplished. Never satisfied with the status quo, he was always nudging the people around him to dream and to do more. Gbenga “GB” Agboola, founder of Flutterwave, one of Nigeria’s fintech Unicorns, recalls the challenges Herbert regularly threw at him: “GB, what’s the size of your ambition?” “Why wait to invest back in Africa?” “Who is the next GB? Back them! Make the journey easier for the next guy!”

He’d earned the right to ask this of others. When he and Aig took over Access Bank in 2002, it was 65th in size, among Nigeria’s 89 banks at the time. Today, the bank is setting African records. When his tenure as CEO of Access Bank came to an end in 2022, he stepped up to become CEO of Access Corporation, the new Holding Company created for the financial services group. Not having to directly run the bank did not diminish his influence in any way. It allowed him to add more to his plate, in fact. He was named President of the influential France-Nigeria Business Council in May 2023. He began to devote more time to his University, for which he budgeted half a billion dollars in personal investment.

Not to forget the palatial new home in Ikoyi, Lagos—built by Craneburg—of which breathtaking video footage has emerged since his death. It is said that, till the end, he was still requesting additional work on the edifice.

Giving and collecting

He gave generously to countless causes, often quietly. His church, the Redeemed Christian Church of God (RCCG) City of David parish, in Lagos, was a big beneficiary, especially in its mission to help poor children. Under his leadership, Access Bank sponsored the annual Lagos City Marathon (he died on the day the 2024 edition held), as well as sporting events and arts festivals within and outside Nigeria.

It is hard to think of a more ambitious Nigerian art collector than Herbert. In his vast collection sit two iconic pieces: separate portraits of him and his wife, Chizoba, painted by Kehinde Wiley, whose most famous painting is an official portrait of President Barack Obama. (Another famous Wiley portraiture subject is former President Olusegun Obasanjo, painted as part of a project documenting African Heads of State).

His passion for art also included acquiring, at significant cost, iconic work of Nigerian origin from foreign owners. There was the long-lost-but-found “Tutu”, painted in 1974 by Ben Enwonwu—for whom Queen Elizabeth sat for a sculpture, a decade before Herbert’s birth)—which Access Bank acquired in 2018. Also in the Access Bank collection, a set of seven wooden Enwonwu sculptures, commissioned by the UK’s Daily Mirror in 1960, for its new London Headquarters.

A wingless end

On a helicopter flight in 2017, Herbert told a protégé, “When it’s your time, it’s your time.” He was not unfamiliar with the grief of bereavement. His older brother, Osita, died in a car accident in 1997. Three years later, his pregnant cousin and her husband were killed in another tragic car crash. Then there was his recent cancer scare. Even as he became more health-conscious, quitting alcohol and taking personal fitness seriously, the fragile-ness of life was never lost on him. One of his last posts on X ended with: “Let us number our days.”

The final day came most unexpectedly, on a “wintry” February night, in the United States of America. Aboard an Airbus H130 helicopter chartered to fly him, his wife, Chizoba; eldest son, Chizi; and friend, Bimbo Ogunbanjo, from Los Angeles to Las Vegas, for the 2024 Superbowl, an annual fixture on his calendar. Exactly what happened to the chopper is still being pieced together by investigators. None of the four passengers and two crew members aboard survived.

He is survived by aged parents, three children, and siblings. And a sprawling business empire—including private investments in several businesses—the true size of which may never be fully known. “The scale of what he’s leaving behind, mostly uncompleted, is staggering,” says a friend.

In 1961, shortly after completing the Daily Mirror sculpture series, Enwonwu, the celebrated sculptor, said of the 7-piece collection: “I have tried to represent the wings of the Daily Mirror, flying news all over the world.” There is a 2017 photo of Herbert posing with the collection at an art exhibition in Lagos in 2017, a suited eighth figure amidst the ‘winged’ wooden posse. A fitting pose for a man who gave wings to every project he embarked on, and to many of the people he met on his life’s journey.

In an ironic twist of fate, the end came for him in the air, on a wingless aircraft—without a pitch persuasive enough to stave death off.

“I remember a friend of mine in the oil industry, who during a meeting of an economic think tank. He called the then president aside and said, ‘Mr President please stop this subsidy, we are tired of making money…We’re bringing in this fuel at an elevated cost and half of it is exported out of Nigeria by the same people collecting money for it” 

There is an apparent consensus of opinion that Nigeria has not had a good outing under the stewardship of President Bola Ahmed Tinubu. The main extenuation for this lapse is that he inherited a basket case from his predecessor, Major General Muhammadu Buhari.That may well be the case but this extenuation flies in the face of his own verbalised utmost quest and carnal desire (lifelong ambition) to become the president of Nigeria. I do not exactly recall whether it was 

Usman Dan Fodio who counselled society to be wary of whoever desires the aroma of power the most. Buhari’s obsession with power and what he did with it for eight years proves the point. May Nigeria be spared the repeat of the Buhari cross all over again.

Beware of what you crave, you may just get it. Having now been gratified with the object of his ‘lifelong ambition’, Nigeria lies prostrate before President Tinubu but he has so far failed to master the moment. In fairness to him and unlike his predecessor, he has largely refrained from making a song and dance of the Buhari (dysfunction) extenuation. Save when he characterised the transition from Buhari to his government as ‘moving from darkness to a glorious dawn’. While the characterisation of the former President’s tenure as an era of “darkness” is apt, it would amount to standing reality on its head to cite the incumbent president’s tenure as anything near a glorious dawn.

The potential crowning glory of the Buhari dysfunction and one I regret not supporting was his desire to foist former President of the Senate, Ahmed Lawan as the president of Nigeria. And he was thick enough to try it. If he had succeeded, he would have sufficiently radicalised Nigerian politics, and clarified the choice before the country as never before. Already cut too deep, the cleavages would have irretrievably cut deeper. The affront was bound to foster a make or break crisis whose ramifications would force a fundamental constitutional review of the status quo or worse. 

Imagine the spectre of Vice-president Atiku Abubakar as the Peoples Democratic Party, PDP candidate and Ahmed Lawan as that of the APC, and the certainty that the election will be rigged in favour of either presidential candidate. To the contrary, with the election of Tinubu as a sop to the Yoruba, Nigeria has won a battle but lose the war. As we have come to learn, the restructuring din has quietened down to a whimper. A very smart politician, contemporaneously I 

cannot recall him ever owning restructuring as priority- that is if he ever touched the idea at all on his campaign rostrum.

 As programmed, he has deflated the bubbles of the only viable status quo answer to the question of what ails Nigeria. I was surprised at the conniving power politics posture of the Yoruba intelligentsia towards the realpolitik of contemporary Nigeria. The better option of Peter Obi was put down as representative of Igbo triumphalism! It went all the way back to the politics of playing the Yoruba against the Igbo. 

I marvelled at the spectre of respected scholars who taught us on how tribalism is the bane of Nigerian politics becoming the standard bearers of the very ill they professed against. It was the perfect opportunity to breach the to- your- tents-o-Israel barrier that had kept Nigeria down for so long. Love your neighbour as you love yourself, thus sayeth the Lord. And it was reckoned as one of the most important commandments. 

“The two great commandments, as found in Matthew 22:36-40, are to “love the Lord thy God with all thy heart” and “love thy neighbour as thyself.” The Lord did not qualify the commandment as applicable only to those you like. It is a challenge to our individual and collective morality and test of commitment to principles, to stand by a principle when it is not convenient to do so. The more cynical of them rationalised their position with the logic that if Nigeria is fated to ruin and damnation, it makes sense to have your son at the commanding heights! 

As you might have rightly guessed, the reference to Rawlings in the caption is a metaphor for a near revolutionary take over of government. To a considerable extent, the inability of Tinubu to stare down the challenges and problems of Nigeria boils down to not wanting to commit class suicide. If he really wants to commit to doing his job well, he has two options.

One is to go for a constitutional review towards the end of securing the restoration of federalism. The other is to lead by the power of example. The latter point is not as trite as it sounds. In the affairs of men, it is inevitable for society to experience crisis and tribulation. So by itself, the bad spell Nigeria is going through is neither new nor unprecedented. What matters most is the demonstration of enlightened self-interest, the capacity of the ruling elite to mobilise the citizenry by the power of personal example and discipline. 

Within the context of Nigeria, It may sound utopian, but think of a shirtless Rawlings driving a bulldozer. If you have your leaders miraculously borrow a leaf from this playbook, the masses will forget they have not eaten a piece of meat for weeks.

I do not need to go into the sordid details but the statement of intent indicated in the budget presented by the president a few months back is a contraindication of leadership by example and a mockery of the Nigerian masses. It is a budget of how not to mobilise the people behind your leadership. It is not a budget of how to exhort your people to think of what they can do for their country and not what their country can do for them. 

As Nigeria’s cup of iniquity overflows with no discernable silver lining in the dark horizon, my mind has been waxing subjective and unorthodox dimensions. In my last outing, I wrote of making atonement for the sin of our forefathers participation and connivance in the slave trade as a spiritual panacea for what increasingly appears to be a digging deeper into the hole of mass immiseration and underdevelopment. I got this inspiration from the most accomplished American president, Abraham Lincoln. He believed that the American civil war over the institution of slavery was punishment and atonement for the role of America in the transatlantic slave trade. 

As I contemplate the ratcheting up of public service corruption in Nigeria today to the level of unimaginable perversion and sickness, my mind wandered to how Shehu Yar’Adua came to terms with the dilemma. I doubt if decent society has any lessons to learn from the peculiarity and oddity but it is story worthy of being told. It is a story of how effective he was in securing his political goals and objectives. It was as cynical as it was effective. If the former number two man in the military government of Obasanjo, was sending a political subordinate on an errand, he would inquire about the cost implication of the task. Having been apprised of the financial implication, say ten million Naira, he would give the money as requested. He would then top up the money with another ten million, so the fellow would have less incentive to fignal with the original ten million. And it worked! 

In theory and practice, I do not know how to substantiate this primitive formula but ranged against what presently obtains, it appears to me a good bargain (if we can get ten billion naira value for a contract awarded for twenty billion). 

It is six months now since Isa Yuguda has made his earth shaking revelation. The response of the President was to cast a vote of confidence in the man at the centre of the worst scandal in Nigeria and reappoint him as the Group Managing Director of the Nigeria National Petroleum Corporation, NNPC. Neither has he deemed it worthwhile to invite the remorseful friend of Yuguda to come and tell all he knows as a participant-observer who has become tired of making billions at the expense of the Nigerian public