Opinion
Grooming New Breed Of Leaders
Charles Francis Adams, a 19th Century politician and diplomat once kept a diary. One day, he dropped some lines that read thus: “went fishing with my son today – a day wasted”.
His son, Brook Adams, also kept a diary of the activity of that same day which read: “went fishing with my dad – the most wonderful day of my life.”
This is absolutely a case where two actors had different interpretations of the same scene.
While the senior thought his fishing expedition with his son was a time in futility, the child considered it an investment of time. One way to differentiate between waste and investment is to define one’s ultimate purpose in life, and then judge accordingly the activities towards such purpose.
In a few days away from now, the Nigerian community would be celebrating her children, a programme conceptualised by the United Nations International Children Emergency Fund (UNICEF) to be used to call for urgent action to adopt the Child Rights Act across the globe.
It is common knowledge that children are the future of every society. But this can only be made real when they are given a solid foundation on which a better society can be built.
Suffice it to say that the direction of a nation can only be gauged by the importance such nation places on its children.
This, I guess, explains why previous themes for this celebration in Nigeria bordered on providing an enabling environment for the child to grow and fully develop his potentials in life.
Nevertheless, the usual sundry words of wisdom succinctly emphasise the importance of children to the parents and vice versa.
While the former remains the crown of the latter, their glory is made evident in the latter. Therefore, children, by their nature, look up to their parents for guidance and leadership. Thus, the time we invest in them is never wasted as they grow up to become useful to themselves and others.
In a clime like ours, where the child leaves the home very early for school and never returns until late, parents seem to make a justifiable ground to shift parental responsibilities to teachers and care givers at school. They argue that it is the teachers’ role to groom the child; after all, they are paid for it. This is why parents can wholesomely blame the school for their children’s and wards’ deficiencies.
It may be sobering, but true, that what determines the success of children in school and in life are the training and values inculcated in them by their parents, which is why parents must, as a matter of necessity, influence their children positively. Making out time for this noble task usually involves sacrifice and tough choices, but it is worth it.
If quality time spent together with a child has a way of yeilding tremendous dividends for the youths who will certainly grow up to become tomorrow’s leaders, then, conscious efforts must be made towards impacting positively on their total psyche for effectual positive change on tomorrow’s leadership.
All round and qualitative education with emphasis on academic and moral excellence, as well as cultivating sound leadership skills will definitely produce critical-thinking children capable of positively and profoundly impacting the larger society.
In a world where truth and moral values are increasingly snubbed, parents must stand their grounds in helping their children and wards discover their purpose as well as moral direction in life.
As the society becomes very complex, efforts must be intensified towards giving the child the needed attention he deserves to guarantee a sound future and hope for the nation. The concern for the moral, educational and total development of the child should be the catalyst that should spur every parent to do the needful.
It is no longer news that parents want their children to end well, but are not ready to invest their time in the grooming of these young ones, a reason why many describe the time spent with them as wasted. The expression, “time is money”, tends to becloud their sense of judgement.
The decline in family recreational activities, irrespective of their contributions to family health development, explains it all. But where will this attitude of non-attachment to the crown of the family take us?
Sylvia ThankGod-Amadi
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Opinion
Fuel Subsidy Removal and the Economic Implications for Nigerians
From all indications, Nigeria possesses enough human and material resources to become a true economic powerhouse in Africa. According to the National Population Commission (NPC, 2023), the country’s population has grown steadily within the last decade, presently standing at about 220 million people—mostly young, vibrant, and innovative. Nigeria also remains the sixth-largest oil producer in the world, with enormous reserves of gas, fertile agricultural land, and human capital.
Yet, despite this enormous potential, the country continues to grapple with underdevelopment, poverty, unemployment, and insecurity. Recent data from the National Bureau of Statistics (NBS, 2023) show that about 129 million Nigerians currently live below the poverty line. Most families can no longer afford basic necessities, even as the government continues to project a rosy economic picture.
The Subsidy Question
The removal of fuel subsidy in 2023 by President Bola Ahmed Tinubu has been one of the most controversial policy decisions in Nigeria’s recent history. According to the president, subsidy removal was designed to reduce fiscal burden, unify the foreign exchange rate, attract investment, curb inflation, and discourage excessive government borrowing.
While these objectives are theoretically sound, the reality for ordinary Nigerians has been severe hardship. Fuel prices more than tripled, transportation costs surged, and food inflation—already high—rose above 30% (NBS, 2023). The World Bank (2023) estimates that an additional 7.1 million Nigerians were pushed into poverty after subsidy removal.
A Critical Economic View
As an economist, I argue that the problem was not subsidy removal itself—which was inevitable—but the timing, sequencing, and structural gaps in Nigeria’s implementation.
- Structural Miscalculation
Nigeria’s four state-owned refineries remain nonfunctional. By removing subsidies without local refining capacity, the government exposed the economy to import-price pass-through effects—where global oil price shocks translate directly into domestic inflation. This was not just a timing issue but a fundamental policy miscalculation.
- Neglect of Social Safety Nets
Countries like Indonesia (2005) and Ghana (2005) removed subsidies successfully only after introducing cash transfers, transport vouchers, and food subsidies for the poor (World Bank, 2005). Nigeria, however, implemented removal abruptly, shifting the fiscal burden directly onto households without protection.
- Failure to Secure Food and Energy Alternatives
Fuel subsidy removal amplified existing weaknesses in agriculture and energy. Instead of sequencing reforms, government left Nigerians without refinery capacity, renewable energy alternatives, or mechanized agricultural productivity—all of which could have cushioned the shock.
Political and Public Concerns
Prominent leaders have echoed these concerns. Mr. Peter Obi, the Labour Party’s 2023 presidential candidate, described the subsidy removal as “good but wrongly timed.” Atiku Abubakar of the People’s Democratic Party also faulted the government’s hasty approach. Human rights activists like Obodoekwe Stive stressed that refineries should have been made functional first, to reduce the suffering of citizens.
This is not just political rhetoric—it reflects a widespread economic reality. When inflation climbs above 30%, when purchasing power collapses, and when households cannot meet basic needs, the promise of reform becomes overshadowed by social pain.
Broader Implications
The consequences of this policy are multidimensional:
- Inflationary Pressures – Food inflation above 30% has made nutrition unaffordable for many households.
- Rising Poverty – 7.1 million Nigerians have been newly pushed into poverty (World Bank, 2023).
- Middle-Class Erosion – Rising transport, rent, and healthcare costs are squeezing household incomes.
- Debt Concerns – Despite promises, government borrowing has continued, raising sustainability questions.
- Public Distrust – When government promises savings but citizens feel only pain, trust in leadership erodes.
In effect, subsidy removal without structural readiness has widened inequality and eroded social stability.
Missed Opportunities
Nigeria’s leaders had the chance to approach subsidy removal differently:
- Refinery Rehabilitation – Ensuring local refining to reduce exposure to global oil price shocks.
- Renewable Energy Investment – Diversifying energy through solar, hydro, and wind to reduce reliance on imported petroleum.
- Agricultural Productivity – Mechanization, irrigation, and smallholder financing could have boosted food supply and stabilized prices.
- Social Safety Nets – Conditional cash transfers, food vouchers, and transport subsidies could have protected the most vulnerable.
Instead, reform came abruptly, leaving citizens to absorb all the pain while waiting for theoretical long-term benefits.
Conclusion: Reform With a Human Face
Fuel subsidy removal was inevitable, but Nigeria’s approach has worsened hardship for millions. True reform must go beyond fiscal savings to protect citizens.
Economic policy is not judged only by its efficiency but by its humanity. A well-sequenced reform could have balanced fiscal responsibility with equity, ensuring that ordinary Nigerians were not crushed under the weight of sudden change.
Nigeria has the resources, population, and resilience to lead Africa’s economy. But leadership requires foresight. It requires policies that are inclusive, humane, and strategically sequenced.
Reform without equity is displacement of poverty, not development. If Nigeria truly seeks progress, its policies must wear a human face.
References
- National Bureau of Statistics (NBS). (2023). Poverty and Inequality Report. Abuja.
- National Population Commission (NPC). (2023). Population Estimates. Abuja.
- World Bank. (2023). Nigeria Development Update. Washington, DC.
- World Bank. (2005). Fuel Subsidy Reforms: Lessons from Indonesia and Ghana. Washington, DC.
- OPEC. (2023). Annual Statistical Bulletin. Vienna.
By: Amarachi Amaugo
