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N’Delta Crisis: After Osinbajo’s Visit, What Next?

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The ongoing tour of the oil-rich Niger Delta region by the Acting President, Prof Yemi Osinbajo-led Federal Government team is receiving high level of acceptance by the people of the region.
At least, the bombing and destruction of oil and gas installations have died down, unlike in the past when government was applying force aimed at crushing the boys. The millions of Naira expended on war logistics, huge crude oil loss and cost of repairing the destroyed installations directly affected the nation’s economy which is struggling under recession. This goes a long way to prove that to jaw-jaw is far better than to fight.
Report has it that on getting to Oporoza community, the headquarters of Gbaramatu Kingdom, in Delta State, Osinbajo expressed deep shock and pity over the age-long neglect of the oil host community. One wonders how he felt on getting to Oloibiri in Bayelsa State, where a desolate well-head, instead of the much talked about oil museum represents Nigeria’s official indicator of where crude oil was first stuck at commercial volume over sixty years ago.
How would the professor of law, in his discerning mind, have felt, if he had gotten to Umuechem, a community in Etche Local Government Area of Rivers State, where inspite of the billion dollars from its high grade Bonny light, the area is starved of Federal Government presence and virtually all social amenities, except the recent interventions of the state government under the leadership of Governor Nyesom Wike.
As Osinbajo resumes his tour, what awaits him are more sorry sights of underdevelopment, absence of good drinking water, pollution and pitiable relics of history.
But beyond rhetorics, no one can tell for sure what may come out of the tour when Osinbajo gets back to Abuja. After all, there was a bigger talk, just few years ago, in the name of National Constitutional Conference. The conference went with its colourful drama, the walk-outs, echoes of 50 per cent derivation fund and resource control, giving the impression of a serious business, but today, confusion has beclouded the vision of that bigger talk such that no one can make either the head or tail of the conference which had stirred up so much promises and hope for people of the region.
The journey for economic emancipation of the region brought about the Willinks Commission of the 1950s, but inspite robost presentations and agitations, not much can be said to have been achieved except such paltry gifts from stingy fingers as one per cent, three per cent and 13 per cent derivation. No permutation or formular, either of the oil or modern mathematics has ever scored 13 per cent as pass mark; it’s always at least 50 per cent.
The Niger Delta Development Commission (NDDC) which came after the defunct Oil Minerals Producing Areas Development Commission (OMPADEC) and the recent Niger Delta Ministry could have also made meaningful development impact but for poor management.
Why addressing stakeholders at the Government House in Port Harcourt, Rivers State, Osinbajo was frank and sincere when he said that after serving his National Youth Service NYSC in former Bendel State some 38 years, “it is therefore extremely discomfiting to know that we are still confronted with the very same situation. An edifying lack of development and access to basic amenities in the abundance of plenty.
“A situation typified by continued environmental degradation and a disturbing lack of opportunities for those who can no longer carry out traditional occupations like fishing and farming”.
The Acting President noted that, “what we now have is an unhappy cycle of discontent sometimes expressed by a resort to violence and vandalism and drawing in response a strengthening of security managements and a gamut of palliative measures”, adding that this vicious cycle cannot continue as it builds needless tension, promising that the federal government would take steps to bring development to the region.
It is only a change in the way we do things in the region as it is only the Federal Government, oil multinationals, states and communities that can bring the much desired change and result we desire.
The Osinbajo-led team appears to have set the right tone for the desired result when the government jettisoned its former strategy of force and opted for peaceful dialogue. This Federal Government change in approach has raised the people’s confidence in the sincerity of government to realise promised change.
Furtherrance to the quest for lasting solution to the  crisis-ridden oil host communities where peace has remained elusive for decades to be a meaning venture, instead of the usual picnic, the team must find out why the communities even when they have abundant after black gold that rules the world’s economy, they remain absolutely poor.
The mass poverty in the communities occasioned by economic deprivation must change such that marginalisation of the host communities  by oil operators and the government be brought to an end.
The idea of declaring natives, including their graduate sons and daughters, as not qualified for employment by oil operators much stop. Let the graduates be trained on the job to acquire requisite experience. Labour contractors excesses must be checked.
The Federal Government must show serious presence in initiating big projects that can touch the lives of the people directly and creating mass employment to justify the 60 per cent equity it enjoys in the sharing of oil proceeds.
Federal Government agencies which execute mega dollar jobs should expand their operational offices in the region and employ people in order to amiliorate their plight.
The non-completion of the East/West Road after so many years is a goose pimple on the nose of the government. Let this present administration try to complete the project in view of the economic and strategic importance of the road to the region and the nation.
The Train Seven aspect of the Nigeria Liquefied Natural Gas (NLNG) Bonny should commence so also the Brass LNG in view of the huge employment opportunities it would create for the region as well as the revenue to the nation.
In the area of pollution, the oil operators who are unwilling to operate according to international standard particularly in changing aging facilities and equipment should be sanctioned by the regulatory agencies.
The idea of gas flaring that has ended in most countries of the world must be made to stop. The idea of leaving the issue at the convenience of some stakeholders with inconsequential fines not commensurate with the effect of the pollution and damage should be urgently reviewed.
The youth of the region must also change the attitude of breaking or destroying installation as a strategy of agitation because of the damage it causes to the environment and national revenue.
There is also need for the government to review its stand on the illegal refineries especially with the promise of encouraging modular refineries in the area. There is need to co-opt the illegal operators and co-ordinate them in such a way that their standard of operation becomes acceptable.
The idea of destroying them by burning by the Nigeria Security and Civil Defence Corps is counterproductive because it aids destruction of the environment.
Nigeria Content Development Monitoring Board (NCDMB) should wake up and seriously think of how to put the Act in actual practice and this they can do by decentralizing their offices in most relevant local government areas. It should not be an urban issue.
Skills acquisition programmes and scholarship aimed at making youths in oil host communities acquire skill must be taken seriously. The idea of selling off the starter packs after the training graduands is bad. So let communities liaise with government agencies, oil firms and other stakeholders to see to better handling of the programmes. The idea of selling scholarship chances in a community when there are eligible persons in the area would not promote peaceful co-existence.
As the new parley by the federal government has set in a new beginning, there is need to also forgive those militants who were involved in pipeline vandalism as a way of agitation. Therefore Amadin Ogbeide of Delta State and indeed every other militant agitations being hunted by the security agencies should be pardoned.
NDDC must be made to be an interventionist agency in the real sense of it. The bad eggs in the system responsible for so many failed programmes and abandoned projects must be flushed out.

 

Chris Oluoh

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Insecurity, Poor Power Supply Hamper Business Activities – Survey

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Business in Nigeria remain under pressure as a result of insecurity and erratic power supply which continue to stifle productivity in the country.
This is even as new data from the Central Bank of Nigeria (CBN) indicate sustained improvements in economic activity.
This was the response of businesses in the CBN’s October 2025 Business Expectations Survey (BES) and the Purchasing Managers’ Index (PMI) report.
While the PMI showed that economic activity expanded for the 11th consecutive month, the BES revealed that businesses are still grappling with crippling operational constraints that threaten to reverse recent macroeconomic gains.
According to the BES conducted between October 6 and 10, firms identified insecurity (71.8 points) as the most critical challenge affecting operations nationwide. This was closely followed by insufficient power supply (70.9 points), multiple taxation (70.2 points), high interest rates (68.4 points) and financial constraints (65.6 points). Analysts say these constraints underscore the depth of structural weaknesses confronting Nigeria’s private sector.
Despite these challenges, the survey reported a rise in business optimism. The Business Confidence Index increased to 38.5 points in October from 31.5 in September. Firms also projected confidence levels to reach 45.6 points in November, with expectations of further improvement over the next three to six months.
However, sector analysts warn that the optimism remains fragile due to the lack of significant improvements in the operating environment.
The BES further showed a modest rise in capacity utilisation from 60.4% in September to 62.0% in October, suggesting that businesses have yet to deploy their productive capacity amid ongoing disruptions fully.
In contrast to the structural constraints highlighted in the BES, the PMI report indicated strengthening economic momentum. The composite PMI rose to 55.4 points, reflecting expansion across major components such as output, new orders, employment, inventories, and supplier delivery times.
A sectoral breakdown showed that the agriculture sector recorded the most substantial improvement, with its PMI climbing to 57.5 points, marking 15 consecutive months of expansion. The services sector also expanded for the ninth straight month to 55.6 points, while the industry sector rose to 54.2 points, the highest in more than a year.
The CBN attributed the positive trends to improvements in the broader macroeconomic landscape, including declining inflation, which eased from 24.5% in January to 18.0% in September, and the year-to-date appreciation of the naira across both official and parallel markets.
The BES showed that the North-East posted the highest business confidence at 56.1 points, while the South-South recorded the lowest at 23.3 points, a trend linked to declining activity in oil-producing communities.

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FG Set To Launch Free National Financial Literacy Training For 100,000 Youths,

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The Federal Government will on Tuesday, November 25, officially unveil a strategic programme for a free nationwide training of over 100,000 youth on financial literacy.
The Federal Ministry of Youth Development will launch the programme in collaboration with Investonaire Academy. Tagged, the “Financial Literacy, Investment, and Wealth Creation programme.”
The flagship initiative is designed to equip young Nigerians with essential financial skills, investment knowledge, and digital competencies for sustainable wealth creation.
A statement signed by the Director, Press and Public Relations, Federal Ministry of Youth Development, Omolara Esan, and made available to newsmen, confirmed that the launch of the programme, to be held in Abuja, would promote nationwide participation.
It added that the launch would bring together senior government officials, development partners, private sector leaders, and youth representatives to explore innovative approaches for improving financial capability and strengthening the economic prospects of young Nigerians.
Minister of Youth Development, Comrade Ayodele Olawande, would serve as the chief host, while the Minister of Women Affairs, Hajiya Imaan Sulaiman-Ibrahim, would grace the event as the Special Guest of Honour.
Also expected are representatives of key government institutions and private sector partners, including Dr Enefola Odiba, International Programme Director, Investonaire Academy, and Mr. Bashir Nurmohamed, Chief Executive Officer, Hantec Markets
The statement reads, “A major highlight of the event will be the unveiling of a free national financial literacy training programme targeting over 100,000 youths annually. The programme will be powered by a state-of-the-art Learning Management System (LMS) designed to enhance financial intelligence, investment capacity, and entrepreneurial readiness among Nigerian youth.

 

Lady Godknows Ogbulu

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‘Entrepreneurs, Not Foreign Aid Drive Nigeria’s Growth’ 

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The chairman of the United Bank for Africa, Tony Elumelu, says Nigeria’s economic transformation will be driven by entrepreneurs, not government handouts or foreign assistance.
Elumelu, who spoke at the Grow Nigeria Conference 2.0 and themed ‘Empowering Nigeria’s Entrepreneurs: Building Institutions That Last’, in Lagos, Monday, said the nation’s future is already being shaped by business owners who refuse to settle for mediocrity.
Elumelu, who is also the founder of the Tony Elumelu Foundation, described Nigeria as an entrepreneurial nation but stressed the need to build institutions that can stand the test of time.
“Starting businesses is good. Sustaining them is critical, and that’s how we transform this economy,” he said.
He noted that many promising ideas fail because the systems and support structures necessary for growth are absent.
According to him, Nigeria’s renewal must come from the private sector, backed by strong governance frameworks and proper succession planning.
“Nigeria will not be built by government handouts or foreign aid. Government’s role is critical, but Nigeria will be built by entrepreneurs — by you, building businesses that create jobs, hope, and prosperity from the ground up,” he said.
Elumelu, however, emphasized that entrepreneurs cannot succeed in isolation.
“You need frameworks — clear governance, succession planning, and relentless focus on value. We need the right environment. We need a Nigeria where policies are predictable, infrastructure works, and financing is truly accessible,” he said.
He called for stronger alignment between public and private sector efforts, warning that progress would remain limited if institutions work independently rather than collaboratively.
Elumelu commended the Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, for ongoing reforms within the agency.
He further lauded President Bola Tinubu for appointing young Nigerians to lead key institutions and for prioritizing youth entrepreneurship.
“Let us cut the bureaucracy. Make finance and opportunity real, not theoretical. Let’s help Nigeria’s entrepreneurs move from surviving to winning.
“Every job we create fights insecurity. Every thriving business increases our tax base and accelerates prosperity for all,” Elumelu added.

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