Opinion
Endangered National Patrimony
Before he became a civilian president of Nigeria, retired General, Chief Olusegun Obasanjo, spoke on a BBC programme, saying: “We are spending money like a drunken sailor. We are spending much more money than we are earning. Where does all the money go?”
Before then, late Chief Obafemi Awolowo had also warned, during Alhaji Shehu Shagari’s Presidency, that the Nigerian currency, the naira, was degenerating to the status of tissue paper. In the typical Nigerian manner of prevarication and equivocation, these warnings were dismissed as the rantings of dooms-day prophets.
Interestingly, one of the dooms-day prophets of the past became a President, with one of the tasks of making the “drunken sailor” sober and less profligate. Rather, the old “Prophet” referred to Nigerians who raised similar alarm calls and warnings about profligate spending, as “dooms-day prophets.” At that time, some one asked if there is any strange thing which makes critics of government become different when they get to power!
The situation of Nigeria then was not quite different from what it is now, rather, the groaning of the masses has become more widespread and disturbing. As things are now only those Nigerians who had piled up enough booties and private stock from the national patrimony in readiness for the dooms-day, live in ignorance that the national patrimony is now in jeopardy.
The national patrimony, derived from and largely dependent on mineral oil, has been placed in jeopardy arising from activities of clever Nigerians, who, like Obasanjo’s drunken sailor, have been “spending much more money than we are earning”. Consequences of such profligacy and non-accountability are now with us, and Nigerians should be asking: who are the drunken sailors and their accomplices? We may never know who they are, or the clever ways they operate, but surely, the nation has bled enough and the masses groaned enough. Would the “drunken sailor” not stop drinking and would the bar-tender not stop giving him more booz?
It was longer than we can tell, that the nation’s economy began to slide towards greater danger and into deeper waters. The danger signals came not only from Chief Olusegun Obasanjo and late Chief Obafemi Awolowo, but several people had also warned that the country was sliding into danger and agony.
The oil and gas sector as the life-line of the Nigerian economy is not in a stable state. Oil business world-wide is known to be “oily affair” not only because of its capital-intensive nature, but also because it is a political lubricant. All intrigues and bamboozlement play out in that sector and those who poke-nose therein, get their nose, fingers or the entire body burnt.
Why is Nigeria, an oil-producing nation, with six refineries, importing fuel and why are the refineries not functioning at full capacity, in spite of huge sums of money sunk into maintenance in the past many years? Why does privatization become a solution to management failure? Why would the cost of production of oil not be high, when large numbers of soldiers, police and other security personnel are deployed to guard the facilities, from off-shore and on-shore drilling sites, to refineries? This does not include personal escorts assigned to personnel of oil companies by the Inspector-General of Police.
Many years ago Professor Tam David-West stressed that “the magic word of privatization can only yield meaningful dividends for the general good if we have a responsible government in place … what we should be addressing is first and foremost, good governance, and consequently all the other set economic goods will fall in place, even without privatization”.
Reasons for the pathetic state of the nation’s economy are not far-fetched. We cannot deny the fact that the proverbial “drunken sailor” is the government itself. Those who can afford to drink and get drunk are usually those who are affluent and merry, or those who resort to it because of frustration.
The mess and fraud we find everywhere can be traced to an insatiable appetite to amass wealth regardless of what happens to the country and its future and image. Not every rodent can have an access to where the proverbial national cake is being baked or shared. Those who are excluded from such access scrounge through similarly fraudulent and corrupt means, to have some food in their stomach and roof over their heads. Let us join Chief Olusegun Obasanjo to ask:
Where does all the money go?” What an unlucky scapegoat Deziani must be!
Dr. Amirize is a retired lecturer from Rivers State University.
e-mail:bamirize@yahoo.com.
Bright Amirize
Opinion
Time and Season Can Tell
Opinion
Why Adaeze Deserves A Second Chance
Opinion
Empowering Youth Through Agriculture
Quote:”While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries”.
The Governor of Rivers State, Sir Siminalayi Fubara, recently urged youths in the Rivers State to take advantage of the vast opportunities available to become employers of labour and contribute meaningfully to the growth and development of the State. Governor Fubara noted that global trends increasingly favour entrepreneurship and innovation, and said that youths in Rivers State must not be left behind in harnessing these opportunities. The Governor, represented by the Secretary to the State Government, Dr Benibo Anabraba, made this known while declaring open the 2026 Job Fair organised by the Rivers State Government in partnership with the Nigeria Employers’ Consultative Association (NECA) in Port Harcourt. The Governor acknowledged the responsibility of government to create jobs for its teeming youth population but noted that it is unrealistic to absorb all job seekers into the civil service.
“As a government, we recognise our duty to provide employment opportunities for our teeming youths. However, we also understand that not all youths can be accommodated within the civil service. This underscores the need to encourage entrepreneurship across diverse sectors and to partner with other stakeholders, including the youths themselves, so they can transition from being job seekers to employers of labour,” he said. It is necessary to State that Governor Fubara has not only stated the obvious but was committed to drive youth entrepreneurship towards their self-reliance and the economic development of the State It is not news that developed economies of the world are skilled driven economies. The private sector also remains the highest employer of labour in private sector driven or capitalist economy though it is also the responsibility of government to create job opportunities for the teeming unemployed youth population in Nigeria which has the highest youth unemployed population in the subSahara Africa.
The lack of job opportunities, caused partly by the Federal Government’s apathy to job creation, the lack of adequate supervision of job opportunities economic programmes, lack of employable skills by many youths in the country have conspired to heighten the attendant challenges of unemployment. The challenges which include, “Japa” syndrome (travelling abroad for greener pastures), that characterises the labour market and poses threat to the nation’s critical sector, especially the health and medical sector; astronomical increase in the crime rate and a loss of interest in education. While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries.
While commending the Rivers State Government led by the People First Governor, Sir Siminilayi Fubara for initiating “various training and capacity-building programmes in areas such as ICT and artificial intelligence, oil and gas, maritime, and the blue economy, among others”, it is note-worthy that the labour market is dynamic and shaped by industry-specific demands, technological advancements, management practices and other emerging factors. So another sector the Federal, State and Local Governments should encourage youths to explore and harness the abounding potentials, in my considered view, is Agriculture. Agriculture remains a veritable solution to hunger, inflation, and food Insecurity that ravages the country. No doubt, the Nigeria’s arable landmass is grossly under-utilised and under-exploited.
In recent times, Nigerians have voiced their concerns about the persistent challenges of hunger, inflation, and the general increase in prices of goods and commodities. These issues not only affect the livelihoods of individuals and families but also pose significant threats to food security and economic stability in the country. The United Nations estimated that more than 25 million people in Nigeria could face food insecurity this year—a 47% increase from the 17 million people already at risk of going hungry, mainly due to ongoing insecurity, protracted conflicts, and rising food prices. An estimated two million children under five are likely to be pushed into acute malnutrition. (Reliefweb ,2023). In response, Nigeria declared a state of emergency on food insecurity, recognizing the urgent need to tackle food shortages, stabilize rising prices, and protect farmers facing violence from armed groups. However, without addressing the insecurity challenges, farmers will continue to struggle to feed their families and boost food production.
In addition, parts of northwest and northeast Nigeria have experienced changes in rainfall patterns making less water available for crop production. These climate change events have resulted in droughts and land degradations; presenting challenges for local communities and leading to significant impact on food security. In light of these daunting challenges, it is imperative to address the intricate interplay between insecurity and agricultural productivity. Nigeria can work toward ensuring food security, reducing poverty, and fostering sustainable economic growth in its vital agricultural sector. In this article, I suggest solutions that could enhance agricultural production and ensure that every state scales its agricultural production to a level where it can cater to 60% of the population.
This is feasible and achievable if government at all levels are intentional driving the development of the agricultural sector which was the major economic mainstay of the Country before the crude oil was struck in commercial quantity and consequently became the nation’s monolithic revenue source. Government should revive the moribund Graduate Farmers Scheme and the Rivers State School-to-Land agricultural programmes to operate concurrently with other skills acquisition and development programmes. There should be a consideration for investment in mechanized farming and arable land allocation. State and local governments should play a pivotal role in promoting mechanized farming and providing arable land for farming in communities. Additionally, allocating arable land enables small holder farmers to expand their operations and contribute to food security at the grassroots level.
Nigeria can unlock the potential of its agricultural sector to address the pressing needs of its population and achieve sustainable development. Policymakers and stakeholders must heed Akande’s recommendations and take decisive action to ensure a food-secure future for all Nigerians.
By: Igbiki Benibo
-
Sports2 days ago2026 WC: Nigeria, DR Congo Awaits FIFA Verdict Today
-
Sports5 days ago
DG NIS Wants NSC Board Constituted, Seeks Increased In Funding
-
Featured5 days agoINEC Proposes N873.78bn For 2027 Elections, N171bn For 2026 Operations
-
Sports5 days agoSWAN Rivers Set-up Five Functional Committees
-
Sports5 days ago
NSC Disburses N200m Training Grants To 26 Athletes
-
Sports5 days ago
‘NTF Will Build On Davis Cup Success For Brighter Future’
-
News5 days ago
Police Bust Kidnapping Syndicate In PH
-
News5 days agoFubara Tasks Nigeria’s Surveyor-General On C of O …Says Surveyors’ Role Pivotal In Governance
