Opinion
Wasting The Wealth Of Nigeria
In Wealth of Nations, the 18th century economic classic,
Adam Smith (1723-1790) postulated that, “by selling product[s] that people want to buy, [entrepreneurs] make money. While they are engaging in their enterprises…they are also providing [services]. Such a system creates wealth not just for the [entrepreneurs], but for the nation as [a] whole when that nation is populated with citizens working productively.”
A scan through the Nigerian socio-economic landscape impresses one that the wealthy and a worrisome percentage of the middle class are competing with the residents of the cliffhanger chateaus of the French Riviera and the magnificent mansions on the sprawling landscapes of Bel Air, Hollywood. The sad and rather instructive contrast is that whereas at the French Riviera and in Bel Air the residents of the mansions share the same socio-economic status with their neighbors, the Nigerian noveau riche live in neighborhoods that snugly fit into the globally accepted classification of a ghetto where their homes stick out like a sore thumb.
That a worrisome percentage of the wealth of Nigeria is tied to unproductive and grandiose display of opulence and wasteful consumption is visible in every Nigerian community and social gathering: the “Taj Mahals” exist side by side mud-and-thatch huts therefore rudely proclaiming the socio-economic disparities of the Nigerian society; this has been captured in poetry and canvass as Distant Neighbors. Debo Adesina, offers that “a lot of [Nigeria’s] capital is tied down in waste through building [homes] that are not needed [and] acquiring cars that are unnecessary. The answer to development lies…[in] job creation and poverty alleviation.” If government pays heed to the essence and import of this statement and works towards correcting this misplaced priority in the society, the unemployment line will shorten and poverty will be reduced; consequently, social insecurity and resultant volatility of our nation will, naturally, abate in the long run.
In a paper I presented at the 2008 Isaac Boro Memorial Lecture at the International Conference Center, Abuja, I drew the attention of the nation to the fact that the then volatility of the Niger Delta must not be seen as a Niger Delta phenomenon; rather, that it should be seen as a national crisis, which the Niger Delta youths have reacted to through a window of expression that was convenient for them. I furthered by warning that if the social malaise of unemployment, poverty, illiteracy etc in Nigeria were not addressed urgently, that the youths of other parts of the country would, sooner than later, also find convenient windows for expressing their frustration. Radio France interviewed me after the presentation and aired it; incidentally, that event predated the advent of Boko Haram.
Stories abound of people who borrowed to lobby for public office or buy forms to contest elective positions; it is generally known that within their first term of four years a lot of them acquired such wealth that cannot be explained within the context of their legitimate income. Meanwhile, in their communities where they erect humongous structures, there is no pipe-borne water, no electricity, and the streets are not macadamized except that which leads to their home.
During a previous administration, a political office holder erected a N100m marble house at a time the Naira was two to the dollar; he put two lions in it and, legend has it that, each ate two goats per day in a society where and time when the average family could not, and still cannot, afford the cumulative equivalent of one goat in six months; in 2007, the house was up for sale at the asking price of N95m; today, the house is still up for sale and the asking price has dropped drastically in real terms now that the value of the Naira vis-à-vis the dollar at its lowest ever. In a more recent episode, another public officer allegedly built a N3bn home within four years of being in office while his community lacked in social infrastructure. Cases such as these abound across the nation.
Now, if a greater percentage of the resources plowed into building these wasteful structures were invested in the productive sector, employment would have been generated and the general state of national wellbeing would have been enhanced thereby reducing socio-economic disparities, engendering a more peaceful and socially secure society. The world agrees with Adam Smith especially nations that stand their priorities on their feet; and so do I. The wealth of a nation does not consist of unproductive and wasteful consumption; rather, it derives from people producing and selling goods and services that others want and are able and willing to purchase. Chinua Achebe had offered that Nigerians are “enormously talented [and the nation is] prodigiously endowed;” I couldn’t agree more. Nigeria has enormous natural resources that I had once said that “Nigerians, especially the leadership, are stupefied by the resources.” Again, Nigeria has an estimated population of more than 160 million citizens who are globally acclaimed to be brilliant, enterprising, resourceful and hardworking; given the advantage of access to the marketplace of the ECOWAS sub-region, all that is required is to put this workforce to productive service towards economic prosperity and the greater good of the nation.
The essence of Adam Smith’s postulate of our introduction is hinged on the phrase: “[a] nation…populated with citizens working productively.” Are the leaders of Nigeria listening to this two hundred and thirty-nine years old admonition? What about the electorate and the citizens? Is anyone listening? Anyone at all? Amon avis, Nigeria is where it is today as a result of a catastrophic combination of unpatriotic leadership and a gullible and, therefore, docile citizenry, a citizenry that does not realize that the dividing lines in human society are, absolutely, economic, not religion or ethnic.
Osai writes from the Institute of Foundation Studies (IFS), Rivers State University of Science and Technology, Port Harcourt
O. Jason Osai
Opinion
FG’s Transport Support And Rivers Workers
The Federal Government’s approval of a N70,000 monthly transport intervention for public service workers for six months, beginning in November 2026, offers hope to employees struggling with the rising cost of living. The agreement with the Nigeria Labour Congress (NLC), reached at a conciliation meeting in Abuja on October 27, is intended to cushion transport costs and ease pressure on workers’ incomes. But for public servants in Rivers State, it raises a familiar question: will the State Government key into the intervention and ensure that its workers benefit? The agreement provides for N70,000 monthly across all levels, for six months. The Federal Government also approved peculiar allowance arrears effective from May 1, 2026, to be paid in three equal instalments beginning in November.
The parties agreed to reconvene after one month to assess implementation. Ultimately, the value of these resolutions will be measured not by announcements but by whether eligible workers receive the money. Transport costs consume a substantial share of many civil servants’ earnings before they can meet household needs. Support for commuting is therefore not a luxury or political favour; it is temporary assistance to help workers remain at their jobs without sinking further into hardship. For lower-paid employees, transport costs can turn modest salaries into a daily exercise in difficult choices and sacrifice.
The agreement also urges State and Local Governments to participate and unions to press for implementation. The federal agreement does not automatically guarantee that every State and Local Government employee will receive the support. State authorities must clarify how it will apply to their workforce, make the necessary arrangements and publish a payment timetable. Rivers State must approach the arrangement with urgency and transparency. The Government should State whether it will implement the intervention and when payments will begin. Any administrative or financial question should be addressed promptly with organised labour, not allowed to become excuses for delay.
The concern is sharpened by the earlier N35,000 monthly wage award introduced by the Federal Government in 2023 after petrol subsidy removal. It was intended as temporary relief pending a new national minimum wage. While several States negotiated and paid wage awards or related sums, implementation nationwide was uneven. Reports in 2024 indicated that many States had failed to pay the federal award, while others provided different amounts. In Rivers, labour and media reports raised concerns about implementation of the N35,000 award for State workers, amid separate announcements and arrangements concerning Local Government employees.
The wage award was meant to ease the immediate effects of subsidy removal, yet workers faced uncertainty over whether the promised relief would reach them. In February 2024, the Rivers State Government announced approval of the N35,000 award for local government workers, but subsequent reports showed that implementation across worker categories remained a concern. The lesson is clear: approval and implementation are not the same. A declaration at a meeting offers little comfort to a worker whose account does not reflect the promised payment. For workers who travel to their offices daily, the implications of delayed support are significant. Transportation expenses compete with food, rent, school fees, healthcare and other essential household needs.
As fares rise, employees may be forced to reduce spending on necessities or borrow to sustain their families. A timely transport intervention would therefore provide practical relief and demonstrate that government understands the economic pressures confronting its workforce. Its temporary nature makes prompt implementation even more important. It is fair to acknowledge that this transport intervention is a new agreement and that its administrative details may require clarification. Rivers State should not be condemned in advance for a failure that has not occurred. Nevertheless, the earlier experience gives workers legitimate grounds to seek assurances before the November commencement date. The State should avoid allowing uncertainty to persist until workers begin asking why the promised assistance has not arrived.
The NLC and unions in Rivers State should engage the State Government immediately and seek a written commitment, an implementation plan and a process for reporting missed payments. If clarification from the Federal Government is needed, the State should seek it without abandoning the goal of providing relief. Labour leaders must also keep members informed about progress and insist that any agreed arrangements are applied fairly and transparently. The Rivers State Government should treat this intervention as an opportunity to rebuild confidence. Timely support would show that workers’ welfare is more than a talking point and that the State recognises the economic realities confronting its employees.
Silence, delay or selective implementation, by contrast, would revive frustration over earlier relief measures and weaken trust between government and labour. Every month lost to administrative delay leaves workers facing the same transport burden without the intended assistance. The State should consult labour, publish arrangements and pay eligible workers on time. Rivers workers should not have to wonder whether federal relief will reach them. The Federal Government has announced the support; now the State must make its position clear. We hope the N70,000 monthly transport intervention will not follow the troubling path of the earlier wage award. Rivers State should learn from that experience and ensure that this time, relief is not merely promised but delivered.
Sylvia ThankGod-Amadi
Opinion
Ancestorial Worship: My Take (1)
Everyday, Christians call on Abraham, Isaac and Jacob as they pray to God in the privacy of their homes across our multicultural, multiracial and multiethnic world. On Sundays and almost everyday of the week in the new-found full freaking fanaticism in Pentecostalism, they gather in the more than four million churches or congregations in the world to worship God, invoking the spirits of the ancestors of Jews. Meanwhile, in the scaremongering antics of institutional religion, the African has allowed himself to be hoodwinked into believing that invoking the spirit of his ancestors in prayers is idolatry and patently evil. He is mind-controlled into believing that indulgence in what the Christian clergy calls ”Satanic Act” is a sure ticket to Hell, where the individual is tormented, burnt and charred till eternity on the orders of a loving Father; what a laughable irony.
Come with me on my experience of what the Christian clergy contemptuously calls ancestorial worship. One Monday in September 1988, I drove from Port Harcourt to Owerri, accompanied by Chief AM Abasi who was the general manager of Delta Holdings Ltd, a company owned by Chief Ranami Abah, (Abadifeni III). Our mission was a meeting with Mr. Nwaorgu, the marketing manager of 33 Breweries Ltd for a dealership for Mrs. Alice Abah, whose husband, Chief Ranami Abah, had substantial equity shareholding in 33 Breweries Ltd. At the end of the meeting, we agreed to return on Wednesday with Mrs Alice to sign a contract for the dealership. When Chief Abasi and I stepped out to the parking lot, it hit me that I could not recollect how I drove from Port Harcourt through Igwuruta, Isiokpo and Elele to Owerri.
First, I waved the feeling off, ascribing it to the aerodynamic and slippery nature of the super slick German machine, a Mercedes-Benz 280 SLC convertible owned by Chief Ranami Abah. But on a second thought, I sensed a premonition; an ominous feeling. Then a sense of foreboding hit me, leaving me with the chilly feeling that something wrong was in the air. For a person who does not know fear as a result of having had out-of-body experience (OBE) in 1975 and considering the threshold of death the most beautiful experience in my life, it was a very worrisome feeling, to say the least. I quickly shook those thoughts out of my head, engaged the gear of the ever-ready German machine and zapped through Owerri traffic, attracting the same attention that trailed us all the way from Port Harcourt.
At Control Post, an inner voice instructed me not to return to Port Harcourt through the route we came. In reflexive obedience to the mysterious inaudible voice, I turned right (northwards) and stepped heavily on the gas. The straight six-cylinder engine roared in dutiful obedience; the automatic transmission immediately dropped into a lower gear, thereby giving the engine a very powerful pull that enabled the small-bodied car to dust every other vehicle on the road. Through the rear view mirror, I saw the vehicles we overtook recede speedily and virtually disappear behind us. In almost a whisper, Chief Abasi asked if I wanted to visit the 33 Brewery factory at Awo Omamma; I said ”no” without explaining the movement in the opposite direction of our journey.
Strangely, Chief Abasi did not pry further. We raced on, northwards; in thunderous silence. At Ogbaku junction, I turned left, drove westwards past Ejemekwuru and Izombe, turned left at Oguta and headed southwards on the Oguta Lake–Egbema–Omoku–Ahoada Federal Road. Carefully navigating the potholes that generously punctuated the road vis-a-vis the very low clearing of the car, I entered Egbema territory at Opuoma, drove through Mmahu, Abacheke, Okwuzi and turned eastwards to Mgbede, my home town. There, I quickly introduced Chief Abasi to my parents, left him with them and briskly walked a few metre to the grave of Osai, my grandfather. At the graveside, I solemnly told Osai that I sense something wrong in the air.
Then, in furious rage, I threatened him and my uncle, Lazarus, who lay beside him, that if they remained sleepy-eyed in that dimension and I am forced out of this world, that I will scatter their ribcage with penknife. My cousin and age mate, Luke Ofere, came out of his house and asked what was wrong and why I was in tears. With hot tears running down my cheeks, I turned around and left the graveside without a word to him; shock, surprise and confusion were boldly written on his face. On my way back to my father’s house, Nze Romanus Ogboh caught up with my brisk strides and, viciously pulling his right ear, he warned me to be careful on the road; that he dreamt that I died in a motor accident but that he administered a potion on me and I came back alive.
He was completely confused when I replied ”I know” and continued walking in tears towards my father’s house without a further word. Still in the holy rage, I called out Chief Abasi to join me in the car. Back to Port Harcourt through Omoku, Ahoada, Elele Alimini and Emohua, I told my spouse that something wrong is certainly around the corner. As we planned, Chief Abasi travelled to Calabar on Tuesday to inform Auntie Alice of the development and request her to come to Port Harcourt on Wednesday for onward journey to Owerri to effect the dealership contract. On Wednesday, I waited for them but they did not show up. I called Chief Abah and complained about the development. Thursday morning, they pulled up in front of my apartment in a blue Peugeot 504.
To be continued in our next edition.
Jason Osai
Osai lectures in Rivers State University.
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