Opinion
Ezekwesili’s Challenge
Mrs Obiageli Ezekwesili, former Vice President of the World Bank and ex-Minister of Solid Minerals and Education, was in the news recently over her challenge to the Federal Government to account for N45 billion in foreign reserve account and another N22 billion in the Excess Crude Account (ECA) saved from increased earnings from oil which her former boss, President Olusegun Obasanjo left behind. The call came at the 42nd convocation ceremony of the University of Nigeria, (UNN) Nsukka, where the former minister was invited to deliver a lecture.
Expectedly, the issue raised dust because it is characteristic of the average Nigerian to respond with acerbity when asked to give account or when his transparency is called to question.
Ezekwesili specifically accused the regime of late President Yar’Adua and the current administration of President Goodluck Jonathan of squandering the stated amount with no evidence of their proper utilisation. The former World Bank Vice President observed that despite the prodigious sums left by the Obasanjo regime, no development could be seen in any sector of the nation’s life. Thus, she asked, “where did all that money go? “Where is the accountability for the use of these resources? “Were these resources applied or more appropriately, misapplied?” These and other queries were raised by the woman once regarded as one of the cream in Obasanjo’s cabinet.
However, and anticipatorily, the former minister’s enquiry raised intense discussions and rattled the Jonathan administration. It was swift and combative in its reaction. The spokesman of the government and Information Minister, Mr Labaran Maku, fired salvoes at the accuser, describing her claims as “curious, outlandish and fictitious.”
Then, he reeled out figures to substantiate the government’s own side of the story contradicting Ezekwesili’s case. Surprisingly, Maku put off his gauntlet and admitted that since the exit of President Obasanjo, the nation’s foreign reserves had witnessed some variations. Regardless of the federal government’s denials, Ezekwesili withstood her ground and challenged the government to a public debate which it promptly declined.
In a system where sanity prevails and where accountability and transparency are taken for granted, the former World Bank boss’ assertions would not have ignited needless indignation and the name-calling that attended the allegation. Given the status of the woman as one who had served in Obasanjo’s cabinet and very knowledgeable about the Nigerian economy, I believe her observations were made in good faith. Besides, it is unthinkable that a woman of this standing would make uninformed claims in this respect knowing full well her proximity to the performance of the nation’s economy then.
Eminent Nigerians as well as financial institutions both within and outside the country had expressed similar fears about the failure of past and present administrations to utilise effectively monies realised from excess sale of crude oil. Such monies which ought to be used to enhance productivity nay the economy, usually end up causing additional sorrow to the average Nigerian. The N12.4 billion Gulf War windfall which the nation earned under military President Ibrahim Babangida is a case in point. The whereabouts of that money remains a mystery till date.
So, if the government considered Ezekwesili’s claims as weighty and with grave implications, the best way to respond was not to politicise it. Rather, the government should have furnished curious Nigerians with hard facts, beyond the ones provided by her.
In this matter, a dispassionate view, tempered by courteous language should have been the best approach. Government is not the property of an individual. Much as it holds in trust the right of the citizens, this does not include the right to voice their opinions. If a government is accused in a subject of this nature, the appropriate thing to do is to act responsibly, not being surly.
If indeed Ezekwesili’s assertions are right, then the federal government has a case to answer in the people’s court. Certainly, there is no gain saying the fact that these grave accusations are an indictment . Conversely, if the government thinks the monies were properly applied, where is the evidence? Has the education sector improved? Do we have functional infrastructure? What about our health institutions? Are they better than they were before the alleged misappropriation?
Similar actions of various governments in the country either go unnoticed or not questioned. We have always been highly indebted in loans to both local and international creditors with nothing to show for them. Unfortunately, these loans are often repaid with monies that could provide basic amenities for the average Nigerian and better his life.
I think the most credible thing to do in the circumstance is for the federal government to accede to the challenge by the ex-minister to a public debate. This will afford Nigerians the opportunity to examine all the facts thoroughly and determine the truth. Until this is done, Ezekwesili’s challenge remains an enduring issue awaiting clarification.
Arnold Alalibo
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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
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