Our attention has been drawn to the ranting of a rabble-rouser, Dakuku Peterside, in an interview published in the December 15, 2021 edition of Daily Independent newspaper captioned “No governance in Rivers State in the last six years – Peterside.”
In the said publication, Dakuku Peterside laboured in futility to magnify his vicious and mischievous attacks aimed at demeaning the person of the Rivers State Governor, Nyesom Wike and his nationally celebrated administration that can be compared to none in the present democratic dispensation.
We sympathise with Dakuku Peterside who is still licking the wounds of his woeful political escapades in 2015. Obviously devastated by the colossal loss in that election, due to unpopularity, he has since won the toga of a serial liar, even though well meaning Rivers people often dismiss his public views with ignominy.
Worrisome is the degree of amnesia always exhibited in his illogical vituperation whenever he attempts to exert resources trying to denigrate the glaring and incontrovertible developmental strides of Governor Nyesom Ezenwo Wike in virtually every sector of Rivers State economy.
Although the leadership of the All Progressives Congress, APC, had spitefully dumped Dakuku Adol Peterside as a choice to fly the governorship flag of the party in the 2019 general election, only a kindergarten politician like Dakuku Adol Peterside will blame Governor Wike for the internal crisis that led to the failure of the APC to field candidates for all elective positions in Rivers State.
There is no gain saying the fact that Dakuku Peterside’s persistent vociferous opposition to the good works of Governor Wike is born out of his desperate meandering to secure the nod of his boss, the Minister of Transportation, Rt Hon. Chibuike Rotimi Ameachi, to bear the 2023 governorship flag of the already depraved APC in Rivers State.
It is disheartening to note that despite all efforts by informed persons to explain the true meaning of democratic governance, Dakuku Peterside has deliberately decided to continue in his mischief to sell bunch of fabricated lies about the state institutions rendered moribund by Governor Wike’s predecessor, such as the Rivers State Sustainable Development Agency, RSSDA, Rivers State Traffic Management Agency, TIMARIV, Rivers State Housing and Property Development Authority amongst others.
Dakuku Peterside, on a wild goose chase, can not feign ignorance to the fact that the Amaechi’s administration left all those institutions mere shadows of themselves with huge debts of unpaid salaries and allowances.
It is on record that TIMARIV was disbanded because of the inability of Amaechi to sustain the agency he created. And as at the time it was disbanded the Amaechi’s government was owing eight months of salaries to the workers.
We may like to remind Dakuku Peterside once again that as a concerned Rivers man he should first of all seek public enquiry into N70 billion ditched monorail project, the nonexistent $39.9 million Karibi-Whyte hospital, the $300 million Gas Turbines sales still unaccounted for, amongst others, used as conduits to siphon Rivers State Government money.
Contrary to the despicable assumption expressed by Dakuku Peterside, Governor Nyesom Wike has clearly redefined governance in Nigeria through massive infrastructural development of Rivers State, which received early acknowledgement by the Vice President, Prof. Yomi Osinbajo, who gave Governor Wike the sobriquet, “Mr. Project”.
Governor Wike has not only sustained that nickname but has added speed to his projects delivery capacity by completing and commissioning six out of nine flyover projects awarded by his administration within a space of two years. This is outside the massive construction and commissioning of several roads within Port Harcourt and the other 22 local Government areas of the State.
Governor Wike’s administration has also embarked on several developmental projects in the health sector, education sector, social sector and the sports development, Today, Governor Wike is priced as the Nigeria’s face of democracy.
We need not re-ephasise the fact that men of sound mind across the political divide and indeed Nigerians are overwhelmed by Governor Wike’s unprecedented achievements in putting in place signature projects that have transformed Rivers State for rapid socioeconomic growth within six years.
Amazed by Governor Wike’s results oriented leadership style, particularly at this period of global economic downturn occasioned by the COVID-19 pandemic, Nigerians refer to him as “face of democracy” and “Mr Quality Project.” Major stakeholders of the Peoples Democratic Party refer to Governor Wike as the pride of PDP.
Only recently, former Governor of Ondo State, Dr. Olusegun Mimiko, while commissioning the Rumuola flyover project, has proved himself worthy of his sobriquet “Mr. Project!”
Mimiko asserted that those who feel unsettled by Governor Wike’s words and actions cannot take away the fact that he conceives projects, plans projects, delivers projects because he loves projects.
“Some see governance or being in government as an end in itself, you have deployed your limitless energy, by these accomplishments to demonstrate that governance is a means to an end; the improvement of the lives of our people,” Mimiko spoke about Wike.
While inaugurating the GRA flyover project, legal luminary and human rights activist, Mike Ozekhome, SAN, said Governor Wike has demonstrated transparency and accountability in the management of the resources of the State through the execution of numerous infrastructural projects.
“Governor Wike has shown that it is not enough for a governor to get his monthly allocation from the revenue account under section 162 of the Constitution but without showing evidence of what you are using that money for,” he said.
Ozekhome commended Governor Wike for showing that investing in human capacity is the best way to live in the heart of the people. “He has shown that he possesses the capacity to develop the people, not just in terms of infrastructure, but in terms of their education and human capacity building.”
On his part, Adamawa State Governor, Rt Hon. Ahmadu Umaru Fintiri, alluded that he has always known Governor Wike as a man who has instituted a culture of commissioning projects in Rivers State for the use of the people.
“It is from Rivers State, under Governor Wike that we have all learned that one can deliver on multiple projects and dedicate a whole month to commissioning them.
“As recent as April this year, so many projects were commissioned in the State and today, instead of receiving his birthday gifts from Rivers people, he has decided to celebrate his birthday in a grand style by giving Rivers people a carnival of commissioning,” Fintiri said.
Enugu State Governor, Rt Hon. Ifeanyi Ugwuanyi, who was also in the State this week to commission the Tombia road extension project described Governor Wike’s leadership style as a fulfilling experience on his previous visit to Rivers State in January, 2021 to commission the then newly dualised Saakpenwa-Bori Road project that serves the Ogoni heartland.
“It was a fulfilling experience and I returned to the coal city State with good tidings of exciting progress and great hope for infrastructural development in Rivers State, the treasure base of the nation.
“Today’s experience evidences a quantum leap in the great State and I dare say that my brother, the Governor of Rivers State is truly Mr. Project,” Ugwuanyi declared.
These are a few of the long list of wonderful testimonials from the spectators of Governor Nyesom Wike’s unique and highly results oriented governance style which provides strong evidences that are incontrovertible. Governor Wike has set the pace for others to follow in rendering the actual dividend of democracy.
By: Amieyeofori Ibim
Ibim, Special Assistant, Media to Rivers State Commissioner for Information and Communications, resides in Port Harcourt.
Ray Morphy And The Burden Of A Misinformed Columnist
Our attention has been drawn to an article titled: “Garrulous Wike And His Presidency Mirage!”, written by Ray Morphy and published on his regular Leadership Newspaper Column, ‘Tuesday with Ray Morphy’.
From the title alone, one would immediately infer that this is another hack installment in the Wike bashing enterprise; an irresistible temptation and authorial escapade which a host of Newspaper columnists, most of whom are always certainly ‘alerted’ with a burgeoning bump in their account balances, have resorted to, in typical fashion.
To set the records straight, let us state unequivocally that we have nothing personal against Chief Ray Morphy’. Afteall, he is the “Mgba Ntol, Njoram Mfan, Ovar Okan, Nkpume Utonkor! Shaman!” (his traditional title we assume), as he described himself, in a revealing epistle to his Governor, Sir Ben Ayade titled: “He never listened”. Of course, we will have reason to revisit these two references further in this rejoinder.
Ordinarily, we would not have bothered to join issues with Chief Ray Morphy’, not only for the reason that he was a Former Special Adviser to Gov Ben Ayade on Strategy and National Contact, but most importantly, out of deferential reverence to his revered father, Late Chief Iwong Inyam Morphy, who played gladiatorial roles not only in shaping the proud Ogoja Ethnic Nationality’s development and charting a course for its future but indeed in heroic narratives how he saved the Ogoja Nation from annihilation during the Civil War.
He was also a former Chairman, New Nigerian Newspaper Limited, a journalistic trait which of course his Scion, Chief Ray Morphy has inherited.
It is therefore quite surprising and disappointing that Chief Ray Morphy, for whatever fee, would pick up his pen and write against a modern day political Maverick like Governor Nyesom Wike, who is unquestionably displaying the admirable traits of courage, patriotism, valour and fearlessness, which his own father exhibited as an older generation political icon, and for which he is still being celebrated today and will be seranaded in folkloric songs for generations to come.
It is even possible that so many Ogoja citizens, when they see and hear Governor Wike today, will be reminded with great nostalgia, the redoubtable deeds of the legendary late Chief Iwong Inyam Morphy, the iconic hero of Ogoja kingdom, who would have frowned from the great beyond, to see what his son wrote about Governor Wike. It is indeed sad.
Like we stated earlier, we have nothing personal against Chief Ray Morphy and we are even pleased to know, by his own admission, that he knew Governor Wike personally before he became governor. But several misinformed analysis and misleading innuendos in his article, which particularly bother on integrity and leadership responsibilities, must be addressed, to set the records straight.
For example, Chief Ray Morphy talks about multiparty democracy, which should operationally embrace bipartisanship and tolerance of criticisms or opposing views, which are as important as integrity and accountability. Indeed this is the utopian fallacy of great theoretical mettle, which many Nigerian columnists and analysts deliberately offer, while being economical with the truth which defines the peculiar brand of democracy we operate, and are quick to sound intellectual with such academic no-brainers.
While we wish appreciate Chief Morphy’s candid and honest admission that Governor Wike deserves credit for his infrastructural development of Rivers State, which are shining brightly for all to see, we actually find it quite funny that for a man who himself has ventured into the robust terrain of partisan politics, albeit surreptitiously attempting unsucessfully to ride on the fame of his late projenitor, would now say in the same vein, that Governor Wike is yet to learn the fine art of statesmanship and makes politics seem a constant war between him and his numerous opponents.
In his examples of Governor Wike’s lack of statesmanship and intolerance of criticism, he mentions the recent incident involving Hon. Farrah Dagogo, and the only thing to say in response is that Ray Morphy is unfortunately ignorant of the facts of the situation. The matter is now however before a competent court of law in accordance with due process, instead of dictatorship, where charges have been brought against him.
We want to categorically tell Chief Morphy that he cannot and does not know Rivers State and its people more than the Governor and the Chief Security officer of the State. His peripheral references and obvious misinformation on the matter, has rendered his argument inchoate.
In the case of Godwin Obaseki and his Deputy, it would have been sufficient to tell Chief Morphy that this matter is the internal affairs of the PDP, but then, need we also remind him of how Governor Wike’s hotel was placed under siege by the police for three days, when he went, on the directive of the PDP leadership, to deliver Edo state?
Do we need to remind Mr. Morphy of how Governor Obaseki visited Government House Port Harcourt to appeal to Governor Wike, to use his considerable influence to intervene and pacify those who were against his defection and automatic ticket, and how the same Governor Obaseki forgot his egotistical ‘delusions of grandeur’, when he was on his knees begging the PDP leadership, to accept him and his Deputy and bring them under the big umbrella? Ray Morphy should do his homework properly before dabbling into issues he has scant comprehension about.
As for Govenor Wike’s criticism of Governor Ben Ayade as a ‘419 Governor’, we need not go too far, but only have to refer Chief Morphy to his own bitter epistle to Governor Ben Ayade titled: “He never Listened”, in which after his 10 point whitewash of his own Governor; points which were all saturated with “419” characteristics, the Ogoja Chief ended his hardknocks on Governor Ayade with the following words: “Now you know WHY I RESIGNED THAT APPOINTMENT! Today, I stand tall because I am vindicated! But I am saddened by the wasted years!”. And this was way before Ayade came into Governor Wike’s crosshairs.
And ofcourse we can understand and sympathise with Chief Morphy’s obvious chagrin over Govenor Wike’s admonition of a Rivers Chief, which at that time was serious, but is now humorized and sadly recontextualized by detractors, who did not understand the gravity of whatever situation had provoked the spontaneous ire of the Rivers Governor. Chief Morphy is: “Mgba Ntol, Njoram Mfan, Ovar Okan, Nkpume Utonkor! Shaman!” and his solidarity with that co-Rivers Chief is admirable but wasted just like his years as Special Adviser to Gov Ben Ayade on Strategy and National Contact.
On Governor David Umahi’s matter, Governor Wike beyond all the rhetoric, has already encouraged the PDP to initiate legal action against his defection, which is what every sensible and confident leader would do, but which sadly, most of our leaders who are only too concerned about securing power rather than deepening our democracy, have been deliberately avoiding. Governor Wike’s loyalty and commitment to the PDP and it’s interests, are unwavering.
And by the way, let us note with clear emphasis, that in the area of consensus building in multiparty democracy, no Governor or political leader in this country has done so much more to build consensus, entrench bipartisanship and embrace friendly opposition, like Governor Wike has done.
He is the only Governor in this present political dispensation in Nigeria and arguably in the country’s political history, who has invited opposition Governors and leaders like Vice President Yemi Osinbajo (who christened him “Mr. Projects”), Governor Kayode Fayemi (Chairman of Progressives Governors Forum and Ekiti State Governor), the Minister of Works, Raji Fashola, former Governors of Imo and Abia states (Sen. Rochas Okorocha and Sen. Orji Uzor Kalu) respectively and amongst others, to come and Commission projects all over Rivers State, in true celebration of bipartisanship.
Governor Wike is also the only Governor in Nigeria who has visited more Northern States and identified and empathized with them in their times of human and natural devastations and catastrophes. It is even on record that he has reconciled two Northern Governors in Port Harcourt, brokered peace in the PDP in several states, and even brought two top retired military leaders to embrace each other, after many months of bitter malice in Plateau state. These are real Nigerian stories in the public space.
Even recently in his presidential Consultative visits across the country, he was in Kano state where he bantered jocularly with Governor Umar Ganduje, who many Nigerians will remember, was the Chairman of APC Edo State Governorship campaign council, with Governor Wike leading the PDP, and the choice campaign language between both leaders, that added extra spice to the entire election process. Yet there they were basking in exchanges right inside Government House, Kano after an unprecedented state reception for a personal visit, which underscores the huge respect and acceptance Governor Wike enjoys in Kano.
Governor Wike was also fearlessly in Borno State, the hotbed of insurgency, to consult the PDP Delegates, and he was warmly welcomed in a grand reception, usually reserved for royalty and official national and foreign visitors, right inside Government House, Maiduguri, by Governor Babagana Umara Zulum, who had only words of praise for the Rivers Governor’s bipartisan political philosophy.
And most recently, we are proud to note the wonderful reception which Governor Masari of Katisina, the President’s own State, gave Governor Wike has completely nullified the lie which many columnists have been pedaling, that Governor Wike and President Buhari are ‘enemies’. The icing on the cake of that visit was his humble visit to pay respectful homage to the matriarch, Hajiya Aya Dada Yar’Adua, the mother of Late President Umaru Yar’Adua, who was also a former Governor of Katisina State.
Indeed, no presidential aspirant in the PDP has embarked on this kind of marathon tour across Nigeria to meet and interact with Nigerians in over 30 states across the six geopolitical regions of the country. This is indeed incredibly impressive and rather than celebrate the fact that Governor Wike has actually united Nigeria and bonded with Nigerians in the North, South, East and West, some writers like Ray Morphy are busy dwelling on pedestrian issues like quarells amongst politicans, which is actually an integral ingredient of politics all over the world. Was he paid for this uncharacteristic hack job?
Nigeria today needs a President who is brave, courageous, bold and is not afraid to visit any part of Nigeria, even without presidential toga of authority and paraphernalia. We need a President who will tell Nigerians the truth, call out those who are misleading and deceiving Nigerians, encourage Nigerian leaders to explore and exploit their comparative advantages in practice of true federalism, vocalize our problems and challenges and address them frontally.
We need someone who will lead by example, celebrate our victories and successes even as he is setting up functional structures and delivering quality infrastructure to consolidate and ensure more victories and define our place as a proud, safe, secure and economically viable nation, in the comity of nations.
Nigeria needs a strong, visionary, compassionate, astute, strategically articulate and pramagtically driven leader at this point in time in our history and Governor Wike has provided sufficient proof, that he is the man to lead Nigeria at a time like this. He knows the way, he will show us the way, and he will lead us all the way to the place of greatness where Nigeria belongs.
By: Paulinus Nsirim
Nsirim is the Commissioner for Information and Communications, Rivers State.
Wike’s Makurdi Declaration And Nigeria’s Future
Governor Nyesom Wike has officially announced that he will contest for the Presidency of Nigeria in 2023. He formally declared his intention to vie for the office of the President of Nigeria, under the platform of the Peoples Democratic Party (PDP) in Makurdi, the Benue State capital, on Sunday, March 27, 2022.
Making his intention clear in Makurdi, after a meeting with PDP stakeholders in the state, Governor Wike stated with emphasis that his priority will be to tackle the festering insecurity in the country and engender rule of law.
Governor Nyesom Wike also acknowledged unequivocally that he had a special relati-onship with the Government and people of Benue State, which had inspired him to come to the state to announce his declaration for the Presidency.
“Let me thank the people of Benue for receiving me to come and talk to them. It is obvious that I am going to run for the Presidency of this country. And I am declaring for the first time in Benue State because of my special relationship with them. People are not suspecting , but let it be known today that I am announcing it in Benue State because I have a special relationship with this state.”
With his declaration to contest for the Nigerian Presidency now out in the open, Governor Wike has not only laid several myths and rife speculations about his intentions for 2023 to rest, he has also, most importantly, answered the clarion call by Nigerians, both in Rivers State and nationally, to wipe away their tears.
This bold step will solidify his commitment in the eyes of the people, as a voice for the voiceless, a champion of the masses and a brave generational leader with uncommon courage and unwavering determination to build a better nation.
Governor Wike’s impressive strategic administrative acumen, visionary focus and unparalleled capacity, are all unquestionable and verifyable indices which will ensure that he successfully delivers on the challenging mandate to bring responsive, pragmatic and responsible governance to Nigerians.
Without doubt, Governor Wike’s declaration to run for the Presidency of the country at this time, underscores the passionate and unpretentious desires of a greatly motivated leader, who has demonstrated in words and in actions, that he is indeed ready and willing to offer robust, dynamic, patriotic and unifying leadership, at a time when the very substance and essence of our nation have been systemically corroded and impugned upon in virtually every sector, by the dubious, divisive, diversionary and destructive administration of our common wealth and collective patrimony, as a blessed nation.
Of course, his declaration is for now, only a statement of intent, pending the full disclosure of the remaining definitive guidelines that will guide and determine the direction and nomenclature of the Presidential primaries of the Peoples Democratic Party.
One critical element which Governor Wike’s public announcement to contest for the Presidency has brought to fore, is the incontestable fact that the dire need to rescue Nigeria from the suffocating, disastrous, insensitive, cruel, malevolent and debilitating administrative cluelessness of the last seven years, is not a task for the sweet tongued, lily-livered, faint hearted, chronologically encumbered or even the sophisticated but gritless candidate.
Nigeria needs a leader who will boldly, without fear or favour, do the right things, make the right calls and take the problems of the country by the scruff of the neck and deal with them comprehensively and conclusively, without playing to the gallery, like a true gladiator and champion of the people, in a time like this that demands national heroism.
Governor Wike has all the qualities to defend and rescue Nigeria and now that he has declared to take up the onerous but challenging responsibility, Nigeria is much better for it and Nigerians can now heave a huge sigh of collective relief that the extraordinary man, admirably regarded across the country as our own national leader has joined the Presidential race.
Wike is coming to ReNEW Nigeria and well meaning Nigerians are in total support.
Nsirim is the Commissioner for Information and Communications, Rivers State.
On Youth Entrepreneurship Dev Fund Bill
It is a known fact that youth of Nigeria constitute over 60 per cent of the workforce, 40 per cent of the unemployed and about 50 per cent underemployed in the nation. It is also regrettable that these youths practically live in squalour due to the absence of the necessary enablers for their sustainability.
In recognition of the enormous potentials of the teeming Nigerian youth, which constitute over 55per cent of the country’s population and many of whose budding talent have not been effectively harnessed for the socio-economic growth and development of the country, that the envisioned legislation titled: ‘Youth Entrepreneurship Development Trust Fund Bill,’ sponsored by Hon. Dr Farah Dagogo (Degema/Bonny Federal Constituency), was conceived.
The proposed law for youths to be the beneficiaries of five percent of the country’s capital estimates in the Appropriation Act of every year, last Thursday, February 24, 2022, received overwhelming support from the public at a one-day hearing.
In a statement made available to The Tide by Hon. Dagogo’s Special Assistant on Media and Publicity, Ibrahim Lawal, at the National Assembly Complex, Abuja stated that the heavily attended public hearing, coordinated by the House of Representatives Committee on Youth Development, received overwhelming support and standing ovation from those in attendance.
Speaker of the House, represented by the Majority Leader, Hon. Alhassan Ado Doguwa, said the 9th House of Representatives was desirous of providing legislations that would have long-lasting positive effects on the well being of the youths.
Dagogo pointed out that, while the youths of Nigeria have the capacity to effectively and significantly contribute to the nation’s development, constraining factors that are largely economical in nature have contributed to the stifling of these positive potentials from ‘this significant group of the populace.’
He said that such challenges might not be unconnected to the negative vices by some of the youths to plug these economic gaps, thus bringing about some level of instability in the polity and system of the country.
He likened the future of the nation, and it’s people, is like a mirage and looking very austere, saying: “Based on the sordid situation we find ourselves, may I pertinently ask these rhetorical questions:
“What went wrong with Nigerian youths, and how can we reverse the trend to galvanise them to become more functional and pivotal of entrepreneurial change?
“Here lies the essence of this Bill. This Bill is monumental, colossal, titanic and a roadmap for safe guarding the future of Nigerian youths.
“When passed, it would provide the necessary panacea on how to re-invent the economy and jettison poverty with youths taking the lead as tigers of revolution,” he added.
“The federal lawmaker posited that the proposed Youth Fund, therefore, aims to concretely tackle these issues at its root causes by making readily available and accessible a dedicated Trust Fund to which statutory accruable resources will be paid into, administered by a statutory body, and devoted strictly to advancing economic facilities to youths for the entrepreneurship and skills development.
“In the bill we are proposing that sources of revenue would not be less than five percent of the capital estimates of the Appropriation Act of every year and profits accruing periodically from approved investments made out of the capital in the Youth Fund.
“We are also bringing in private entities to contribute to the youth fund. Consequently, and mandatorily, they would contribute about one per cent of profit as declared and other revenue legitimately accruing to the Fund by means not provided for in the bill.
Importantly, the Youth Fund shall be managed by the youths, thus they automatically become bosses. It would be a fiscal responsibility that engenders transparency and accountant ability, because relevant sections in the bill have been proposed to address these issues.
“In the Bill, we are proposing that sources of revenue would not be less than five per cent of the capital estimates in the Appropriation Act of every year and profits accruing periodically from approved investments made out of the capital in the Youth Fund. We are also bringing in private entities to contribute to the Youth Fund. Consequently and mandatorily, they would contribute about one per cent of profit as declared and other revenue legitimately accruing to the Fund by means not provided for in the bill. Importantly, the Youth Fund shall be managed by the youths, “the sponsor Farah Dagogo explained. He listed some benefits of the bill as follows:
“It is hoped that the Youth Fund would provide a vehicle for assured socioeconomic security for Nigerian youths.
“Also it would spur them to become employers of labour, self-reliance and captains of industry.
“The aim is to reduce unemployment which, in the main, would diminish social vices that stiffen development currently pervading the country.
“This bill is monumental, colossal, titanic and a roadmap for safeguarding the future of Nigerian youths.
“When passed, it would provide the necessary panacea on how to reinvent the economy and jettison poverty with youths taking the lead as tigers of revolution”.
Chairman of the Committee, Hon. Yemi Adaramodu, lauded the sponsor of the bill, while dismissing claims that the youths have been catered for in various youth programmes, and pointing out that ‘the so-called intervention programmes’ were not backed by law and as such difficult to monitor.
Also in their separate reactions, some important personalities have added their voices for the speedy passage of the bill by the Chairman, House Committee on Youth Development, House of Representatives, are as follows:
A Professor in the Department of History and International Studies, Kogi State University, Prof Patrick Ukase, expressed joy ‘that there is a consensus on youth unemployment’ and an urgent need to arrest the situation with the idea surrounding the bill.
Similarly, Prof Sam Otamiri (Ignatius Ajuru University, Rivers State) described the bill as an idea that should be encouraged to see reality, adding that the bill is a clear solution to the problems of youth unemployment.
A Professor in the Department of Political Science, University of Nigeria, Nsukka, Prof Peter Mbah, stated that the importance of establishing the Youth Entrepreneurship Development Trust Fund cannot be overemphasised. This is because this Bill seeks to create a Fund which will be used to provide financial support to Nigerian youth with entrepreneurship skills. It is hoped that the Youth Fund would provide a vehicle for assured socioeconomic security for Nigerian youth, to galvanise them to become employers of labour, self-reliant and captains of industry. Admittedly, entrepreneurs are important to market economies because they can act as the wheels of the economic growth of these economies. By creating new products and services, they stimulate new employment, which ultimately results in the acceleration of economic development.
Finally, the Trust Fund if established will improve leadership experience. It will improve self-discipline, communication skills, passion, optimism, patience, and unrelenting work ethic. Building a company from the ground up hones these leadership traits, which means that entrepreneurship, can transform one into an inspiring leader both professionally and personally.
Consequently, this Trust Fund will play vital roles in human resource development in Nigeria where such technical resource is needed for her development. This can be instrumental in making the remarkable contribution to economic growth of Nigeria by way of suitable fund provision according to the needs of the entrepreneurs. Thus, the establishment Trust Fund can help our Nigerian youths respond to the challenges of unemployment for self-reliance.
Mbah emphasised that the procedure adequately evaluates unemployment status in various areas such as labour, resources, and any other information pertaining to the operation of the economy. Besides, in this age of unemployment, only Youth Entrepreneuship Development Trust Fund can assure one of a job and a comfortable living.
He added that Nigeria has one of the largest technical manpower in Africa, yet compared to its population it is not significant and there is a tremendous scope of improvement in this area. The emphasis has been on general education, with entrepreneurship at the receiving end. This has resulted in large number of educated people remaining unemployed.
“This phenomenon has now been recognised by policy makers and hence there is a greater thrust on entrepreneurship education and the need to set up the Trust Fund. The Trust Fund if established will put in place the application of theoretical knowledge to practice (PRAXI) and this can be described as the master key to social, political and economic transformation of Nigeria.’
According to him, “I strongly recommend the passage of the Bill for the establishment of the Bill for a law to establish the youth entrepreneurship development trust fund (establishment) bill, 2021.’
Others who spoke in glowing terms of the bill included, Prof Tamuno Dappa (Federal University, Wukari, Taraba) and Dr. Tony Egobueze (Rivers State University). They were in unison that the bill if fully implemented would ‘ afford politicians, lecturers and others avenue to sleep with their two eyes closed’.
However, the Director, Kaduna Study Centre, National Open University of Nigeria, Prof. Umar Aminu described the allocation of 5% capital of the country’s annual Capital Appropriation and one percent profit from the Private sector as ‘being over ambitious’. He nevertheless supported the other aspects of the bill, saying if passed into law and implemented, it would serve as a major pillar for the country’s development and ultimately its economy.
By: Susan Serekara-Nwikhana
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