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Opinion

20 Million Nigerian Millionaires In 2030

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The fact that a presidential aspirant used the making of 20 million Nigerians millionaires between 2023 and 2030, as a campaign bait, is an indication of how far Nigeria has sunk, value-wise. That presidential campaign stunt was attributed to a state governor, Yahaya Bello, which also implies that such a person whose driving value is to make 20 million Nigerians millionaires, must himself be a multi-million money-bag. Nigeria is a nation where individuals can flaunt their wealth and throw their weight about, without anyone asking what lies behind such show of bravado. Wealth is might, power and can take impunity along as an accoutrement.
Considering the current state of Nigeria where insecurity is a biting challenge, anyone would have thought that anyone aspiring to become the next president would place such a challenge in the front burner as campaign promise. But what we have is a promise to make 20 Nigerians millionaires within a space of seven years. Surely, there are millions of Nigerians who would be caught by that campaign bait, and their votes swayed by such aspiration. The next step would be to approach Yahaya Bello personally for mentorship on ways and means to become millionaires in seven years’ time. We already have a cult of money-bags.
To say that misplacement of priorities and values is one of the predicaments of Nigeria as a nation, would not be a wrong assumption. But the issue about choices of priorities and values is an issue having to do with the inner quality and development of individuals. Wealth has been known to lure many people away from serious goals and callings in life, whereby, even with great wealth at their disposal, many and their lives in misery, regrets, frustrations and quilt-feelings.
20 million millionaires in seven years in a country where millions of people can be killed, maimed, kidnapped, traumatised, rendered homeless, helpless, jobless, etc, in a space of seven years by bandits, terrorists and unknown gunmen, is surely a country where eternal values must feature as political priorities and aspirations. What if the 20 million millionaires make their quick wealth in wrong and unethical means? Can we vouch that no such “mandarin millionaires” exist in Nigeria currently? Are sharp, sordid and unethical practices not involved in the pursuit of wealth?
Mahatma Gandhi of India listed seven Blunders of humanity as: “Wealth without work; pleasure without conscience; knowledge without character; commerce without morality; science without humanity; worship without sacrifices; politics without principles, and rights without responsibility”. For an aspiring president of Nigeria to place the acquisition of wealth as a campaign promise, without defining the ways and means of such priority proposal, shows the tendency of using short cuts to achieve results that rarely last long. Especially when the person making such campaign promise is a sitting state governor, then comes the question of why he has not deployed such magic formula to improve his state.
Frankly, Nigerians are wary of politicians who claim that they can be more effective and diligent when they become presidents, while they are unable to apply similar diligence and effectiveness in current and previous positions held. Let us admit that money, power, cunning and the ability to bamboozle the masses do not make for patriotic, diligent and effective leadership. The challenges and needs which confront Nigeria currently are too complex that making millions of Nigerians millionaires would not resolve or address the challenges and needs. More money can mean more acts of madness, than sober reflections!.
Those endowed with hypodermic vision are aware that current perplexities and experiences in the country are not without causes and purposes. Current challenges are meant to bring about a forced and rapid change or transformation, whereby every individual must examine himself and make appropriate adaptations. Such adaptation does not call for 20 million Nigerians becoming millionaires by 2030. Rather, what is needful includes sober reflection on the part of every individual Nigerian, because what we are passing through currently are the results of human failures and negligences. From avarice and greed, to insincerity and deceit, every Nigerian has some blame.
Those who know about specific law governing wealth would tell us that it goes with intensity of mindset, fixation of attention, willingness to give an equivalent value in return, coupled with taking the collective well-being of the larger society into consideration. We have story of legendary King Midas whose miraculous power turned everything that he touched into gold. What is unacceptable about the millionaire mindset is usually the inability to take the collective well-being of the larger society into consideration. Getting what you want through obsessive propensity, does not always guarantee happiness and peace of mind thereafter.
Ian Fleming, author of James Bond popular detective story books, propounded a theory which he called The Quantum of Solace. Briefly, the theory of The Quantum of Solace states that the quest for peace of mind is a vital priority among humans, but the means towards such ideal state differ widely among individuals. One man’s meat can be another man’s poison. Therefore, the bait of becoming a millionaire in seven years’ time may be attractive to some Nigerians, but surely some other Nigerians would consider such “success” as grossly myopic and materialistic.
Surely, wealth and the desire to become a millionaire cannot be described as evil, but what can become quite unhealthy is a mindset or a propensity which chokes the mind of higher values and strivings which enrich the goals of an ideal life. There have been millionaires who died dusty death, including by suicide. The fact that we live in a world where materialism holds sway, can expose those who are poverty-stricken to various dangers, including humiliations. Therefore, wealth constitutes a countervailing force to deal, measure for measure, with unscrupulous people. Thus money can be a weapon for self preservation.
In the past few years there have been several online trading groups seeking to sponsor and make millions of people millionaire, through selling other people’s products. Thus gambling and betting practices have continued to take various guises, whereby there are promises to make patrons of the “system” millionaires with little work, except to link as many people as possible into the “system”. There was a time when Britain was described as a nation to traders and shop-keeper, marketing the products of other manufacturing countries.
Current digital global economy has been structured in such a way that the flow of wealth is not determined by hard work or productivity, but by on-line technology. We are being told that the time is near when cars would be driven by robots, dignoses of ailments done by machines and babies produced in test-tubes, etc. Right now there are sex toys which can make a man do without a nagging wife and a woman do away with men who can get tired soon. Manufacturers of such “electronic wonders” shop in Africa for marketers who can become millionaires from the comfort of their homes, by selling their products on-line.

By: Bright Amirize

Dr Amirize is a retired lecturer from the Rivers State University, Port Harcourt.

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Opinion

 Making Wise Decisions Amid Pressure

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Look before you leap”, is one of the wise sayings that over the years I have been emotionally attached to. It means so much to me because the debilitating consequences of unguided actions are better imagined than experienced. “Look before you Leap” teaches me to  be thoughtful,  articulate, discreet dispassionate and solicit for advice of the experienced and reasonable people where necessary. I have seen people  reveal their stark ignorance because they took decisions rashly and without  considering the implications of their actions or inactions, only to say, “had I known” which is an euphemism for failure. It has therefore, become  necessary to “look before you leap”. Rehoboam, son of Bible’s King Solomon lost 10 of a 12-tribe kingdom of lsrael to Jeroboam. The negative consequences of lack of conscientious and enlightened  guide before taking action has landed many to avoidable regrets.
Thoughtless actions happen every day and they are evidenced in the unpleasant outcomes of such decision. In 2024, a Federal High Court, Abuja sacked 20 Cross River State House of Assembly members which serves as an object lesson for thoughtless Lawmakers’ and elected representatives who want to defect from the party on whose platform they were elected to a preferred political party, whether the choice was based on sound judgement, ignorance or pecuniary gains. The Electoral Act is unambiguous and crystal clear so does not make judicial interpretation necessary, on the ground for an elected representative to leave his or her political party for a preferred one either by inducement, anticipated pecuniary benefits or blind loyalty.And the sublime reason must be premised on irreconcilable crisis in the  political party of  those elected who want to decamp or cross-carpet
Recall that on Monday  March 18, 2024 a Federal High Court in Abuja  sacked 20 members of the Cross River State House of Assembly. The Peoples Democratic Party (PDP) had instituted a suit against the lawmakers over their defection to the All Progressives Congress (APC). Ruling on the case marked “FHC/ABJ/CS/975/2021 , Taiwo Taiwo, the presiding judge, held that the lawmakers should vacate their seats, having abandoned the political party that sponsored them to power. The affected lawmakers are: Michael Etaba, Legor Idagbor, Eteng Jonah William, Joseph A. Bassey, Odey Peter Agbe, Okon E. Ephraim, Regina L. Anyogo, Matthew S. Olory, Ekpo Ekpo Bassey, Ogbor Ogbor Udop and Ekpe Charles Okon.Others are Hillary Ekpang Bisong, Francis B. Asuquo, Elvert Ayambem, Davis Etta, Sunday U. Achunekan, Cynthia Nkasi, Edward Ajang, Chris Nja-Mbu Ogar and Maria Akwaji.
The Independent National Electoral Commission (INEC), Speaker of the House of Representatives, National Assembly, Clerk of the National Assembly, Cross River State House of Assembly, Clerk of the Cross River State House of Assembly and the All Progressives Congress, were also joined as defendants in the suit. Though, in their defence, the lawmakers argued that there was rancour in the Peoples Democratic Party  (PDP),which led to their expulsion from the party,  the judge held that the defendants had intentions to mislead the court. He said he found gaps and loopholes in their defence as they tried to twist events to suit their own narratives.”They wined and dined under the umbrella of the plaintiff who also gave them shelter,” he said Taiwo noted that they not only defected loudly, “they took pictures of their defection and were received by the officials of the 26th defendant”.
“There is no doubt that the defendants can belong to or join any political association and assembly as they are free to do so,” he ruled. “I consider the attempts of the 6th – 25th defendants to justify their defection feeble in the circumstances of this case.” Taiwo said the public voted for the lawmakers through the plaintiff who sponsored them and they were not elected as independent candidates.”They had a vehicle which conveyed them and that vehicle belongs to the plaintiff. They cannot abandon the vehicle,” he held. Justice Taiwo’s judgment and several other judgments on thoughtless defections should have been a basis, landmark and precedent to determine whether the 27 Rivers State House of Assembly members elected on the platform of the Peoples Democratic Party (PDP), have the locus to publicly decamp to the All  Progressives Congress (APC) and still retain their seats in the House as elected and honourable  members of the House as declared by the Supreme Court in its Judgment on consolidated suits on the political crisis in Rivers State.
The judgment of the “learned” justices of the Supreme Court on the 27 defectors is a bitter pill to swallow. It is however, not a surprise because the aroma of the fart tells the substance of the poo. The wise man learns from the experiences of others and  history. History repeats itself because people have refused to come to understanding. They are close-ended in learning. The essence of history is to avoid a reinvent of the negative past, use the ugly past to reconstruct the future. Legislators are elected to represent constituency consisting of people of all walks of life. They should rather strive to serve the people, solicit the consent of popular opinions on critical issues rather than serving their selfish interests. Those elected should see themselves as stewards and as stewards they are accountable to the people and God, not their political godfather.
It is high time our political leaders knew that the legitimacy of their positions is derived from the magnanimity of the people. They should therefore not take decisions without taking into cognisance the interest of the people they are representing,  through intentional consultation.

By: Igbiki Benibo

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Opinion

  Effects Of Smuggling Of Petrolum Products In Nigeria

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Of late, Nigerian  Customs Services have been fighting the act of smuggling taking place at the Nigeria’s  borders with the neighbouring countries. Smuggling of petroleum  products and  other goods out of Nigeria is a threat to local consumption of any product produced locally. Smuggling has done more harm than good to Nigerians and Nigeria as a country. The rate at which petroleum products are smuggled out of Nigeria is alarming. Smugglers always re-strategise to beat the customs officers on duty and have their ways through the borders. Yes, it was revealed few years ago, that the borders of Nigeria with other countries are so porous, that smugglers have easy escape routes to other countries. Today, petroleum products are not sufficient to sustain the internal needs of most Nigerians. If smuggling be allowed to continue without check, it will lead to severe economic crisis.
Smuggling is a serious menace to the economic development of Nigeria. It is a name synonymous with petroleum products.  Nigeria, being a major player in oil industry in the world, is seriously facing uncontrollable smuggling activities by smugglers. Inspite of the efforts of the Customs and the Immigration Services at  working hard to curtail the excesses of smugglers,  corruption in the oil sector seems to have provided a thriving ground for  smuggling activities to remain unabated. Few weeks ago, Nigerian Customs  apprehended smugglers with over two thousand Jerry cans loaded with petrol in Nasarawa State. The product was confiscated and taken to a filling station where it was sold at a cheaper rate of five hundred naira, per litre.  Some time it is difficult for seizure of smuggled products to take place because of corruption.
Smugglers are strategists who can maneuver through the borders, not minding the penalty of the offence. Activities of smugglers lead to high cost  of commodities in the markets. It gives room to quick gains, thereby giving room for skyrocketed price of  smuggled goods. Again, the activities of smugglers lead to scarcity of products that should be available in the country. The land and water border towns are where smugglers move the products to other countries. Sometimes high level compromise frustrates the combat against smuggling of products. The network of smugglers is so sophisticated to burst. Some of them are highly connected to those in authority, thereby making the war against smuggling a fruitless one. Smuggling activities are undermining even circulation of some locally produced goods in Nigeria.
According to AI overview, smuggling of petroleum products can have significant negative effects including: substantial loss of government revenue from taxes, depletion of natural resources, destabilisation of activities, fuel shortages in the exporting  country, environmental damage due to improper storage and transportation, and potential for price distortions in receiving markets due to influx of cheap smuggled fuel. Indeed, weak border control  is another  problem of poor border security and inadequate monitoring systems can facilitate smuggling activities. And another factor that promotes smuggling is price disparities. When there is a large price difference between a country producing petroleum and neighbouring countries, it stimulates smuggling.
Other social impacts; funding criminal activities; profits from petroleum smuggling often fund organised crime networks and terrorist activities. Corruption is not left out. Smuggling often involves collusion with corrupt officials undermining public trust in institutions. It is also dangerous to the environment. For instance, smuggled petroleum products are often stored and transported in substandard conditions, increasing the risk of spills and leaks, causing environmental contamination. Illegal pipeline tapping is another dangerous trend; in some cases, smuggling can involve tapping into oil pipelines, which can lead to significant environmental damage.Indeed, governments lose significant income from taxes on legally sold petroleum products when they are smuggled out. Again, smuggling can disrupt the normal supply and demand dynamics of the petroleum market, leading to price fluctuations and shortages.
It undermines fuel subsidy programme. When a country like Nigeria subsidises fuel, smuggling can exacerbate the issue by allowing people to buy subsidised fuel at a low price and sell it at a higher price in other countries Hence, there is need for the governments to combat and eradicate smuggling in the petroleum sector. Strengthening border controls; increasing border controls implementing advanced monitoring technologies and improving customs procedures can help deter smuggling. Thus, there is need for price harmonisation. Reducing price discrepancies between countries can lessen the incentive for smuggling. International co-operation is crucial to combat cross-border smuggling operations. Smuggling of petroleum products is a threat to the economic development of the citizens and Nigeria. Therefore, say no to smuggling of petroleum products in Nigeria.
Ogwuonuonu writes from Port Harcourt.

By: Frank Enewaji Ogwuonuonu

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Opinion

IWD: Accelerating  Action To End Women Harassment 

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March 8, every year is International Women’s Day. Recall that in 1922, Wedmir Lenin declared March 8 as International Women’s Day to honour women’s roles in the 1917 Russian Revolution. Subsequently, it was celebrated on that date by the Socialist Movement and Communist countries.However, the United Nations officially endorsed that date in 1977, establishing it as a global observance for women’s rights and gender equality. The 2025’s theme is “Accelerating Action” to advance gender equality by highlighting strategies, resources and initiatives that drive progress. Unfortunately, while many countries in the world accelerate action to foster inclusivity of women in mainstream policymaking and decision taking; recognise and celebrate the meritorious and creditable roles of women as primary agents of socialisation, sustainable growth and influencers, in other countries, in the Sub-Saharan Africa some women are being victimised, intimidated, and repressed for not giving in to pernicious sexual advances of some men in power.
Some women are being ridiculed and lampooned for cultivating the effeontery to resist the inordinate sexual harassment of base men. However I  do not lose sight of the obvious reality that some women have played the porn as a result of lacking the strong will to say “no” to men who see women as opportunity to express their inordinate sexual urge even outside the bond of matrimony. Yes, the likes of Joi Nunieh and Senator Natasha who can cry out or call the shots and “slap” men who harass women are few among women. This makes women the architect of their reproach and disdain. When women go for the carrot, pottage, flashy cars, at the expense of morality, they lose their maiden dignity in civilised climes where moral values are savoured. Nothing in the world or comprehensively put, the whole world put together is not worth a woman’s worth, so no reason can best lend support to the situation where a woman offers her body as an opportunity to access pecuniary  mundane, temporary benefits that have no eternal value and translates to a reproach.
Most societies have intentionally created a poverty-ridden situation where women are worst hit so the base fellows can use women weakness and lack as a smokescreen to get more than a pound of flesh for their paltry gifts. This is why in my considered view, the agitation for the acceleration of action to foster gender equality is imperative. Enough to women exploitation in political institutions, offices, religious organisations, families and educational institutions. Women’s fundamental rights should be recognised and accelerated to achieve the more than 35 percent affirmative action of the Geneva Convention. However, freedom is not without a price. Women must prove to men that the female gender does not suggest inferiority and cannot be exploited, or used as sex machine by men who lacked  or have regard for moral values.
The White House sex scandal should inspire the Nigerian women to resist being abused and exchanged for worthless gifts. Women should rather choose to suffer marginalisation, and victimisation or possibly die for what they conscientiously believe is right than living in shadow of real life. Methinks men who have mother and realise that they are the gateway to physical should not fail to treat women with dignity. Paul said, “…. Treat the old women as your mother and the young women as your sisters with all purity and respect”. (1 Timothy 5: I). The time for women movements to rise to defend their fellow women from sexual harassment is now. It is only in a morally-decadent society that a man who has  subsisting cases of sexual accusations, is treated as lord, instead of making him step aside for proper investigations. However, my heart goes out for men, organizations and institutions who in recognition of the critical and invaluable roles of women in Nigeria, rolled out drums to give them a pat at the back.
Consequently, I celebrate the Managing Director of the Rivers State Signage and Advertisement Agency (RISAA), Aye Pepple, who according to reports has urged individuals, organisations, and the government to celebrate women and actively encourage their growth in all spheres of life. Speaking in commemoration of International Women’s Day (IWD), Pepple emphasised the importance of recognising women’s contributions and ensuring they are empowered to achieve their full potential. According to him, “Women play an essential role in shaping our society, and their efforts must never go unnoticed. “This year’s International Women’s Day serves as a reminder that we must do more than just celebrate them”. He highlighted the significance of gender inclusion in leadership, entrepreneurship, and governance, stressing that societies that empower women tend to experience sustainable growth, adding that “at RISAA, we believe in amplifying women’s voices, whether in the workplace, in business, or in the creative industry. “We must all do our part to provide opportunities, mentorship, and support that help women succeed.” Kudos to institutions and organisations who understand the roles of women as agents of shaping society.

Igbiki Benibo

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