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Revisiting A Letter By Ethnic Nationalities Movement

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The Guardian Newspaper of Friday 13 June, 2008, published a letter by Ethnic Nationalities Movement, titled Abacha and Nigeria, written on behalf of the Movement by S.A. Asemota, SAN, rproduced here for public interest.
“The Times Online of April 19, 2018 under the Title ‘The New Scramble for Africa begins, modern imperialism on the resource-rich continent will be less benign than the old Colonialism ‘by Mathew Parris who had this to say:
‘Fifty years ago, the decolonisation of Africa began. The next half-century may see the continent decolonised. But the next imperialism will be less benign. Great power isn’t interested in administering wild places any more, still less in setting them: just raping them. Black gangster government sponsored by self-interested Asian or Western power could become the central story in 21st century African history- But a solution beckons’: buy your own gang. You hardly need visit and are certainly not required to administer the gang’s territory. You simply give it support, munitions, bribes and protection to keep the roads and airports open; and it pays you with access to resources. You dress up the arrangement as helping Africans to help themselves.
The French, who have been doing this in their former African Possessions for years, lead the way. But it is when China, then America and perhaps even Russia or India follow, that the scramble for Africa will truly be resumed:
“It is this context that we of the Ethnic Nationalities Movement see the alleged statement of General Buhari that “All the allegations levelled against the personality of the late Gen. Sani Abacha will remain allegations. It is 10 years now, things should be over by now.” He added “rather than maligning Abacha, the former ruler deserved to be praised for initiating developmental ideas that moved the country forward.”
“ General Babangida was also reported to have said. “ It is not true that he looted public treasury. I know who Abacha was because I was close to him.” General Abubakar was reported as having said. “ It is quite unfortunate and unfair to accuse the family of the late Sani Abacha of looting public funds. But now, we have been seeing what is happening .”
“ If these statements are correct, then, the former Heads of state are openly advocating gangsterism and should long have been held responsible for bringing Nigeria and Nigerians to the contempt with which they are regarded in the world. The Ethnic Nationalities Movement is not surprised that the three former Heads of State are unable to distinguish between right and wrong, criminals and honest Nigerians, because the method by which they became Heads of State was treason against the Constitution and the people of Nigeria as they were unfortunately able to ride rough shod on the people of Nigeria to become Heads of State and one of them executed some soldiers including General Vatsa who were alleged to have attempted to stage a coup the same method by which he and the two others became Heads of State.
“In a situation where the same act can produce two results, one – Heads of State, the other the gallows, must have to blurred the reasoning of these Heads of State to say in effect that “Abacha served Nigeria well.” On the contrary, Abacha and others like him made Nigeria to become a critical weak state unable to foster “an environment conducive to sustainable and equitable economic growth, aren’t and accountable political institutions; aggressions and meeting basic needs of the people.”
“Gangsterism has permeated all the facets of our public life and for these three Heads of State to make such statements is to add insult to injury and further compromise honest and hard working Nigerians who want and are working for a better Nigeria. Abacha exhibited gangsterism when his agents murdered Kudirat Abiola only to arrest law-abiding citizens including the leader of Afenifere, Chief Ajasin and Abraham Adesanya for the murder which Abacha himself through his agents committed. He executed Ken Saro-Wiwa and the Ogoni eight . gangsterism continued with the sacking of Zaki Biam and Odi and this has continued with Obiaruku massacre and the sacking of Ijaw villages and towns.
“All these are in addition to looting the country’s treasury dominated by politicians who are alleged to have obtained ‘security clearance.’ The attitude portrayed by the unfortunate statements of the three former Heads of State is that of gross insensitivity as if the feelings of the relatives and Nationalities of those who were brutally murdered by Abacha’s activities for them do not matter and count for nothing.
We of the Ethnic Nationalities Movement say with emphasis that Nigeria will not be re-colonised either by foreigners or by gangster leaders.

 

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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

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President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.

Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.

He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.

“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.

He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.

The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”

Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.

He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.

“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.

The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.

Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.

Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.

Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.

Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.

“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.

He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.

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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow  …Restates Commitment Towards Veterans’ Welfare

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The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.

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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.

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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.

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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.

?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph,  Port Harcourt”, he said.

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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.

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Fubara Redeploys Green As Commissioner For Justice

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The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.

Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.

This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.

According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.

The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.

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