Opinion
Wasting The Wealth Of Nigeria
In Wealth of Nations, the 18th century economic classic,
Adam Smith (1723-1790) postulated that, “by selling product[s] that people want to buy, [entrepreneurs] make money. While they are engaging in their enterprises…they are also providing [services]. Such a system creates wealth not just for the [entrepreneurs], but for the nation as [a] whole when that nation is populated with citizens working productively.”
A scan through the Nigerian socio-economic landscape impresses one that the wealthy and a worrisome percentage of the middle class are competing with the residents of the cliffhanger chateaus of the French Riviera and the magnificent mansions on the sprawling landscapes of Bel Air, Hollywood. The sad and rather instructive contrast is that whereas at the French Riviera and in Bel Air the residents of the mansions share the same socio-economic status with their neighbors, the Nigerian noveau riche live in neighborhoods that snugly fit into the globally accepted classification of a ghetto where their homes stick out like a sore thumb.
That a worrisome percentage of the wealth of Nigeria is tied to unproductive and grandiose display of opulence and wasteful consumption is visible in every Nigerian community and social gathering: the “Taj Mahals” exist side by side mud-and-thatch huts therefore rudely proclaiming the socio-economic disparities of the Nigerian society; this has been captured in poetry and canvass as Distant Neighbors. Debo Adesina, offers that “a lot of [Nigeria’s] capital is tied down in waste through building [homes] that are not needed [and] acquiring cars that are unnecessary. The answer to development lies…[in] job creation and poverty alleviation.” If government pays heed to the essence and import of this statement and works towards correcting this misplaced priority in the society, the unemployment line will shorten and poverty will be reduced; consequently, social insecurity and resultant volatility of our nation will, naturally, abate in the long run.
In a paper I presented at the 2008 Isaac Boro Memorial Lecture at the International Conference Center, Abuja, I drew the attention of the nation to the fact that the then volatility of the Niger Delta must not be seen as a Niger Delta phenomenon; rather, that it should be seen as a national crisis, which the Niger Delta youths have reacted to through a window of expression that was convenient for them. I furthered by warning that if the social malaise of unemployment, poverty, illiteracy etc in Nigeria were not addressed urgently, that the youths of other parts of the country would, sooner than later, also find convenient windows for expressing their frustration. Radio France interviewed me after the presentation and aired it; incidentally, that event predated the advent of Boko Haram.
Stories abound of people who borrowed to lobby for public office or buy forms to contest elective positions; it is generally known that within their first term of four years a lot of them acquired such wealth that cannot be explained within the context of their legitimate income. Meanwhile, in their communities where they erect humongous structures, there is no pipe-borne water, no electricity, and the streets are not macadamized except that which leads to their home.
During a previous administration, a political office holder erected a N100m marble house at a time the Naira was two to the dollar; he put two lions in it and, legend has it that, each ate two goats per day in a society where and time when the average family could not, and still cannot, afford the cumulative equivalent of one goat in six months; in 2007, the house was up for sale at the asking price of N95m; today, the house is still up for sale and the asking price has dropped drastically in real terms now that the value of the Naira vis-à-vis the dollar at its lowest ever. In a more recent episode, another public officer allegedly built a N3bn home within four years of being in office while his community lacked in social infrastructure. Cases such as these abound across the nation.
Now, if a greater percentage of the resources plowed into building these wasteful structures were invested in the productive sector, employment would have been generated and the general state of national wellbeing would have been enhanced thereby reducing socio-economic disparities, engendering a more peaceful and socially secure society. The world agrees with Adam Smith especially nations that stand their priorities on their feet; and so do I. The wealth of a nation does not consist of unproductive and wasteful consumption; rather, it derives from people producing and selling goods and services that others want and are able and willing to purchase. Chinua Achebe had offered that Nigerians are “enormously talented [and the nation is] prodigiously endowed;” I couldn’t agree more. Nigeria has enormous natural resources that I had once said that “Nigerians, especially the leadership, are stupefied by the resources.” Again, Nigeria has an estimated population of more than 160 million citizens who are globally acclaimed to be brilliant, enterprising, resourceful and hardworking; given the advantage of access to the marketplace of the ECOWAS sub-region, all that is required is to put this workforce to productive service towards economic prosperity and the greater good of the nation.
The essence of Adam Smith’s postulate of our introduction is hinged on the phrase: “[a] nation…populated with citizens working productively.” Are the leaders of Nigeria listening to this two hundred and thirty-nine years old admonition? What about the electorate and the citizens? Is anyone listening? Anyone at all? Amon avis, Nigeria is where it is today as a result of a catastrophic combination of unpatriotic leadership and a gullible and, therefore, docile citizenry, a citizenry that does not realize that the dividing lines in human society are, absolutely, economic, not religion or ethnic.
Osai writes from the Institute of Foundation Studies (IFS), Rivers State University of Science and Technology, Port Harcourt
O. Jason Osai
Opinion
Wike VS Soldier’s Altercation: Matters Arising
The events that unfolded in Abuja on Tuesday November 11, 2025 between the Minister of the Federal Capital Territory, Chief Nyesom Wike and a detachment of soldiers guarding a disputed property, led by Adams Yerima, a commissioned Naval Officer, may go down as one of the defining images of Nigeria’s democratic contradictions. It was not merely a quarrel over land. It was a confrontation between civil authority and the military legacy that still hovers over our national life.
Nyesom Wike, fiery and fearless as always, was seen on video exchanging words with a uniformed officer who refused to grant him passage to inspect a parcel of land alleged to have been illegally acquired. The minister’s voice rose, his temper flared, and the soldier, too, stood his ground, insisting on his own authority. Around them, aides, security men, and bystanders watched, stunned, as two embodiments of the Nigerian state clashed in the open.
The images spread fast, igniting debates across drawing rooms, beer parlours, and social media platforms. Some hailed Wike for standing up to military arrogance; others scolded him for perceived disrespect to the armed forces. Yet beneath the noise lies a deeper question about what sort of society we are building and whether power in Nigeria truly understands the limits of its own reach.
It is tragic that, more than two decades into civil rule, the relationship between the civilian arm of government and the military remains fragile and poorly understood. The presence of soldiers in a land dispute between private individuals and the city administration is, by all civic standards, an aberration. It recalls a dark era when might was right, and uniforms conferred immunity against accountability.
Wike’s anger, even if fiery, was rooted in a legitimate concern: that no individual, however connected or retired, should deploy the military to protect personal interests. That sentiment echoes the fundamental democratic creed that the law is supreme, not personalities. If his passion overshot decorum, it was perhaps a reflection of a nation weary of impunity.
On the other hand, the soldier in question is a symbol of another truth: that discipline, respect for order, and duty to hierarchy are ingrained in our armed forces. He may have been caught between conflicting instructions one from his superiors, another from a civilian minister exercising his lawful authority. The confusion points not to personal failure but to institutional dysfunction.
It is, therefore, simplistic to turn the incident into a morality play of good versus evil.
*********”**** What happened was an institutional embarrassment. Both men represented facets of the same failing system a polity still learning how to reconcile authority with civility, law with loyalty, and service with restraint.
In fairness, Wike has shown himself as a man of uncommon courage. Whether in Rivers State or at the FCTA, he does not shy away from confrontation. Yet courage without composure often feeds misunderstanding. A public officer must always be the cooler head, even when provoked, because the power of example outweighs the satisfaction of winning an argument.
Conversely, soldiers, too, must be reminded that their uniforms do not place them above civilian oversight. The military exists to defend the nation, not to enforce property claims or intimidate lawful authorities. Their participation in purely civil matters corrodes the image of the institution and erodes public trust.
One cannot overlook the irony: in a country where kidnappers roam highways and bandits sack villages, armed men are posted to guard contested land in the capital. It reflects misplaced priorities and distorted values. The Nigerian soldier, trained to defend sovereignty, should not be drawn into private or bureaucratic tussles.
Sycophancy remains the greatest ailment of our political culture. Many of those who now cheer one side or the other do so not out of conviction but out of convenience. Tomorrow they will switch allegiance. True patriotism lies not in defending personalities but in defending principles. A people enslaved by flattery cannot nurture a culture of justice.
The Nigerian elite must learn to submit to the same laws that govern the poor. When big men fence off public land and use connections to shield their interests, they mock the very constitution they swore to uphold. The FCT, as the mirror of national order, must not become a jungle where only the powerful can build.
The lesson for Wike himself is also clear: power is best exercised with calmness. The weight of his office demands more than bravery; it demands statesmanship. To lead is not merely to command, but to persuade — even those who resist your authority.
Equally, the lesson for the armed forces is that professionalism shines brightest in restraint. Obedience to illegal orders is not loyalty; it is complicity. The soldier who stands on the side of justice protects both his honour and the dignity of his uniform.
The Presidency, too, must see this episode as a wake-up call to clarify institutional boundaries. If soldiers can be drawn into civil enforcement without authorization, then our democracy remains at risk of subtle militarization. The constitution must speak louder than confusion.
The Nigerian public deserves better than spectacles of ego. We crave leaders who rise above emotion and officers who respect civilian supremacy. Our children must not inherit a nation where authority means shouting matches and intimidation in public glare.
Every democracy matures through such tests. What matters is whether we learn the right lessons. The British once had generals who defied parliament; the Americans once fought over states’ rights; Nigeria, too, must pass through her own growing pains but with humility, not hubris.
If the confrontation has stirred discomfort, then perhaps it has done the nation some good. It forces a conversation long overdue: Who truly owns the state — the citizen or the powerful? Can we build a Nigeria where institutions, not individuals, define our destiny?
As the dust settles, both the FCTA and the military hierarchy must conduct impartial investigations. The truth must be established — not to shame anyone, but to restore order. Where laws were broken, consequences must follow. Where misunderstandings occurred, apologies must be offered.
Let the rule of law triumph over the rule of impulse. Let civility triumph over confrontation. Let governance return to the path of dialogue and procedure.
Nigeria cannot continue to oscillate between civilian bravado and military arrogance. Both impulses spring from the same insecurity — the fear of losing control. True leadership lies in the ability to trust institutions to do their work without coercion.
Those who witnessed the clash saw a drama of two gladiators. One in starched khaki, one in well-cut suit. Both proud, both unyielding. But a nation cannot be built on stubbornness; it must be built on understanding. Power, when it meets power, should produce order, not chaos.
We must resist the temptation to glorify temper. Governance is not warfare; it is stewardship. The citizen watches, the world observes, and history records. How we handle moments like this will define our collective maturity.
The confrontation may have ended without violence, but it left deep questions in the national conscience. When men of authority quarrel in the open, institutions tremble. The people, once again, become spectators in a theatre of misplaced pride.
It is time for all who hold office — civilian or military — to remember that they serve under the same flag. That flag is neither khaki nor political colour; it is green-white-green, and it demands humility.
No victor, no vanquish only a lesson for a nation still learning to govern itself with dignity.
By; King Onunwor
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