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Editorial

Emefiele, Resign Now

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The ambition of the Central Bank of Nigeria’s (CBN) Governor, Godwin Emefiele, to participate in the
party primary towards the presidential election in 2023 has been eliciting mixed reactions from both politicians and industry watchers, as concerns mount over possible conflict of interest on his regulatory and supervisory role on Nigerian banks.
In his suit confirming his political ambition, Emefiele sued the Independent National Electoral Commission (INEC) and the Attorney General of the Federation (AGF) asking the court to restrain them from compelling him to resign as the CBN governor to run for office in 2023. His lawyer, Mike Ozekhome, expressed fears that the INEC and the AGF were making “frantic efforts to disqualify” Emefiele “from participating in the presidential primaries scheduled for June 3, 2022, for not resigning from his office before the parties’ primaries.”
Emefiele was reported to have joined the list of presidential aspirants who had picked the expression of interest form of the ruling party, the All Progressives Congress (APC). Although the form was said to have been picked on his behalf by a group, the apex bank governor had gone to the Federal High Court in Abuja seeking to retain his office as the Central Bank governor while pursuing his interest in the presidential race.
Emefiele, through his counsel, Ozekhome, is seeking the court’s interpretation as to whether by the provisions of Section 84 (3) of the Electoral Act, 2022, a political party can by its constitution impose any nomination qualification criteria or measures on aspirants or candidates, including him who is in centrally the constitutional provision.
He is also seeking the court to clarify whether he can be compelled to resign his position as Governor of the CBN earlier than 30 days before the political party primary, in line with the provision of Section 84 (3) of the Electoral Act, which is against Section 137 (1) of the Constitution of Nigeria as amended, which requires a public officer to resign, withdraw, retire at least 30 days from the date of the presidential election.
However, the Federal High Court refused to shield Emiefele from being disqualified to contest for the presidential ticket of any political party ahead of the 2023 general elections. Ruling on the ex parte application, the judge, Ahmed Mohammed, ruled that he would rather order INEC and the AGF to appear to state their side of the case instead of granting the CBN governor’s request.
The Federal Government had last Wednesday through the Office of the Secretary to the Government of the Federation (SGF), Boss Mustapha, issued a circular directing serving Ministers in the cabinet, heads of government agencies, ambassadors and other political appointees of the administration, coveting political ambitions in 2023 to resign from the government. Soon after the directive, the CBN boss reportedly met with the President.
In our opinion, Emefiele’s action, if unchecked timeously, portends great danger to the fragile economy of the country. There is everything morally and legally wrong with his ambition to become Nigeria’s President while still occupying his current position. Looking at the handwriting on the wall, it is clear that the CBN governor has been a partisan politician to the disadvantage of the country.
Section 6 of the CBN Act says that the Governor of the Central Bank should not pursue any interest that would make him conflict with his official duties. The Act further states that the office should be autonomous and independent. Emefiele must understand that he is the number one banker in the country and chairman of the Bankers’ Committee as well as head of the financial regulations in Nigeria that determine exchange and inflation rates.
The CBN governor must realise that it is improper for him to declare a partisan interest with the sensitive position he occupies. The apex bank is like INEC which should not be under the control of any political influence or party. Indeed, sensitive security documents for the conduct of eletions are deposited in the Central Bank by INEC before any elections. Nigerians must know that Emefiele has the powers to remove the managing directors of banks and can use his position to punish or witch-hunt any bank. Why would a man who keeps in custody the nation’s foreign exchange submit himself to partisan politics?
The apex bank boss demonstrated his partisan posture during the #ENDSARS protest. Recall that Emefiele asked the leaders of the group to shelve their protest, which they refused to comply with. They then had their accounts blocked by the CBN, having gone to court to secure an ex- parte order to do that. This is because they refused to yield to his demand to halt the protest.
Already, and rather unsurprisingly, local and international media have picked up the news of Emiefele’s reported interests and his unwise responses to his linkage to partisan politics. It is needless to say that his alleged aspiration while holding office as governor of the apex bank is a very weighty turn of events. It can potentially erode the confidence in the Nigerian monetary system, which is expected to be administered by non-partisan experts with the CBN governor as the dominant head of the team.
When the CBN Governor assumed office in 2014, he set a target to achieve single-digit inflation and maintain a stable Naira. But the national currency is trading at N590 per dollar on the unofficial market and N415 at the official window. There are also profound implications for the confidence of investors, both foreign and local. Moreover, the Central Bank is an institution that needs to earn the trust of all stakeholders in the economy, irrespective of their political affiliation, creed, gender, religion, ethnicity or vocation.
The economy is yet to recover from the shocks of the COVID-19 pandemic. The disparity in rates has created a paradise for forex brokers and currency speculators. The business of forex roundtripping is also flourishing. There is a liquidity crisis in the forex market on a scale never witnessed before. We cannot afford to worsen the current economic situation with a Central Bank that is entangled in the controversy of political partisanship. In the circumstances, the most respectable course of action for the CBN governor is to resign to preserve the integrity, credibility, independence, neutrality and professionalism of the bank.

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Editorial

Responding To Herders’ Threat In Rivers

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Community leaders in Etche Local Government Area (LGA) of Rivers State have raised the alarm over spiralling insecurity, rampant land encroachment, and the growing menace of herdsmen attacks that are devastating their communities.
At a recent stakeholders’ forum convened with state authorities and headed by the Commissioner of Police, Mr Olugbenga Adepoju, the leaders implored the Rivers State Government to act urgently. They warned that criminal activities have collapsed essential services, including healthcare and education, plunging residents into hardship.
Mr Adepoju, representing the Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ekwe Ibas (Rtd), visited Etche as part of a broader fact-finding mission aimed at evaluating community challenges and formulating targeted responses rooted in local feedback.
Hon. Onyenachi Nwankwor, Administrator of Etche LGA, underscored the intensifying threat posed by herdsmen. He reported that farmlands are being seized, with armed herders allegedly extorting inhabitants and presenting serious risks to lives and property.
Farmers have been uprooted from their ancestral lands, severing generational ties and undermining their livelihoods. The abandonment of fields jeopardises food security and frays social cohesion, inflaming tensions and stoking fears of escalating conflicts over land and resources.
Women of Ogoni ethnic nationality, particularly in Luusue Sogho, Khana LGA, have decried escalating herders’ attacks on their farms, which are upending livelihoods and engendering fear. The systematic destruction of crops erodes economic stability and imperils food security, worsening malnutrition.
Similarly, women farmers in Ejamah, Eleme LGA, protested the destruction of their crops. They carried remnants of ruined harvests to the Eleme Police Station in a desperate plea for justice and protection.
A particularly harrowing incident was recorded in Afam Uku, Oyigbo LGA, where herdsmen reportedly attacked farmers, leaving two dead. The assault also resulted in the destruction of crops and displacement of numerous farming families.
Despite the Open Rearing and Grazing (Prohibition) Law No. 5 of 2021 designed to curb open grazing, violations persist. There is renewed demand for rigorous enforcement, swift arrests, and prosecutions to send an unequivocal message that lawlessness will no longer be condoned.
With a state of emergency declared in Rivers State, the onus is on every indigene and resident to proactively prevent any escalation into a full-blown crisis. Complacency is not an option; vigilance and cooperation with authorities are paramount. Crucially, security operatives must understand the heightened sensitivity of the situation and act decisively to maintain law and order.
Security agents must actively monitor vulnerable areas, identify potential flashpoints, and intervene promptly to avert unrest. Timely and resolute action is vital to restoring normalcy and forestalling larger catastrophe.
A sustainable solution lies in transitioning from open grazing to ranching, supported by policy and funding. Additionally, local peace committees should spearhead dialogue and mediation. Only through concerted action, inclusive dialogue, and strict law enforcement can Rivers State build a future of peace and shared prosperity.
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Editorial

Democracy Day: So Far…

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Nigeria’s return to democratic rule in 1999 marked a watershed moment in the nation’s political history. After enduring nearly 16 years of successive military dictatorships, Nigerians embraced a new era of civil governance with the inauguration of President Olusegun Obasanjo on May 29, 1999. Since then, the country has sustained a democratic system for 26 years. But, this democratic journey has been a complex mix of progress and persistent challenges.
The formal recognition of June 12 as Democracy Day in 2018 by former President Muhammadu Buhari acknowledged a long-standing injustice. The annulment of the 1993 presidential election, Nigeria’s freest, betrayed the democratic aspirations of millions. That it took decades to honour this date reflects the nation’s complex relationship with its democratic memory.
One of the most momentous successes of Nigeria’s democracy has been the uninterrupted civilian rule over the last two and a half decades. The country has witnessed seven general elections, with power transferring peacefully among different political parties. This is particularly notable considering that prior to 1999, no civilian government had completed a full term without military intervention. The peaceful transitions in 2007, 2015, and 2023 are testaments to Nigeria’s evolving democratic maturity.
Electoral participation, while uneven, has also reflected a level of democratic engagement. In 2003, voter turnout stood at about 69 per cent, but this figure dropped to approximately 34.75 per cent in 2023, according to the Independent National Electoral Commission (INEC). Although the declining turnout raises concerns, it also highlights the increasing expectations of the electorate, who demand credible and transparent elections.
Another area of progress is the growth of a vibrant and free press. Nigerian media has played a crucial role in holding governments accountable and fostering public discourse. Investigative journalism and civil society activism have exposed corruption and human rights abuses. The rise of social media has further expanded the democratic space, enabling young Nigerians to mobilise and advocate for change, as evidenced by the 2020 #EndSARS protests.
Judicial independence has seen mixed results. On one hand, the judiciary has occasionally demonstrated resilience, such as in landmark rulings that overturned fraudulent elections or curtailed executive excesses. On the other hand, allegations of political interference and corruption within the judiciary persist, undermining public confidence in the legal system’s impartiality.
Nigeria’s democracy has also facilitated the decentralisation of power through the federal system. State governments now wield some autonomy, allowing for experimentation in governance and service delivery. While this has led to innovative policies in some states, it has also entrenched patronage networks and uneven development across the federation.
Despite these successes, Nigeria’s democratic journey faces formidable problems. Electoral integrity remains a critical concern. Reports from election observers, including those from the European Union and ECOWAS, frequently highlight issues such as vote-buying, ballot box snatching, and violence. The introduction of the Bimodal Voter Accreditation System (BVAS) and electronic transmission of results in 2023 elections showed promise, but technical glitches and alleged manipulations dampened public trust.
Corruption continues to be a pervasive issue. Nigeria ranks 145th out of 180 countries on Transparency International’s 2023 Corruption Perceptions Index, with a score of 25/100. Democratic institutions meant to check graft—such as anti-corruption agencies and the legislature—often struggle due to political interference and weak enforcement mechanisms.
Security challenges have also strained Nigeria’s democracy. Insurgency in the North East, banditry in the North West, separatist agitations in the South East, and herder-farmer conflicts across the Middle Belt have collectively resulted in thousands of deaths and displacements. According to the Global Terrorism Index 2024, Nigeria ranks as the eighth most impacted country by terrorism. The government’s difficulty in ensuring safety erodes public confidence in the state’s capacity and legitimacy.
The economy poses another critical remonstrance. Nigeria’s Gross Domestic Product (GDP) per capita stands at approximately $2,400 as of 2024, with over 40 per cent of the population living below the national poverty line. High unemployment and inflation have fueled discontent and disillusionment with democratic governance, especially among youth. Without addressing economic grievances, the democratic dividend will remain elusive for many Nigerians.
Ethnic and religious divisions further complicate Nigeria’s democratic consolidation. Politicians often exploit identity politics for electoral gains, exacerbating social tensions. Although federal character principles aim to promote inclusiveness, they have also sometimes fostered a quota mentality rather than merit-based appointments.
Gender representation remains inadequate in Nigeria’s democratic institutions. Women occupy less than 10 per cent of seats in the National Assembly, one of the lowest rates globally. Efforts to pass gender parity bills have faced stiff resistance, highlighting deep-seated cultural and institutional barriers to female political participation.
Civil liberties, while constitutionally guaranteed, are under threat. Crackdowns on protesters, restrictions on press freedom, and surveillance of activists reveal an authoritarian streak within the democratic framework. The controversial Twitter ban in 2021 exemplified the country’s willingness to curb digital freedoms, prompting domestic and international criticism.
The political crisis in Rivers State embodies broader democratic struggles. Attempts to control the state through undemocratic means expose weaknesses in federal institutions and the rule of law. Immediate restoration of democratic governance in Rivers State is vital to preserving Nigeria’s democratic integrity and institutional credibility.
Local governments remain under the control of state governors, depriving citizens of grassroots democracy. Last year’s Supreme Court judgment on local government autonomy is promising, but state-level resistance threatens its implementation. Genuine autonomy would bring governance closer to the people and foster democratic innovation.
As we mark Democracy Day, we must honour the sacrifices of Chief M.K.O. Abiola, Kudirat Abiola, Femi Falana, Chief Gani Fawehinmi, Pa Alfred Rewane, President Bola Tinubu, and countless others, who fought for Nigeria’s freedom. As democracy in Nigeria continues to evolve after 26 years, this day should inspire action toward its renewal. With despotism and state failure as real threats, both citizens and leaders must take responsibility—citizens by demanding more, and leaders by delivering. Excuses are no longer acceptable.

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Editorial

Nigeria’s Plastic Pollution Emergency

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Yesterday, Nigeria joined the rest of the world to mark 2025 World Environment Day. The occasion serves as a stark reminder that our battle against plastic pollution requires more than symbolic gestures—it demands sustained, coordinated action from all levels of government. As communities worldwide grapple with mounting environmental challenges, Nigeria’s approach to plastic waste management stands at a critical juncture.
Dr. Ibinabo Ogolo, a Research Fellow at the Institute of Geosciences and Environmental Management at Rivers State University, has issued a timely call for comprehensive enlightenment campaigns targeting indiscriminate plastic waste disposal. Her message resonates with the urgency that characterises this year’s global theme: “Beat Plastic Pollution.”
The core challenge lies not in policy formulation but in implementation. Years of environmental initiatives have fallen short primarily due to inadequate public education and awareness campaigns. Citizens cannot be expected to adopt responsible waste disposal practices without understanding the gravity of their actions or knowing the proper alternatives.
Government platforms at federal, state, and local levels possess the infrastructure necessary to reach every corner of our society. Television, radio, social media, community meetings, and educational institutions provide ready channels for sustained messaging. The tools exist; what remains is the political will to deploy them effectively and consistently.
This year’s World Environment Day theme underscores the global recognition of plastic pollution’s devastating impact on ecosystems, wildlife, and human health. The message is clear: plastic waste represents one of the most pressing environmental challenges of our time, requiring immediate and sustained attention from policymakers and citizens alike.
The health implications of plastic pollution extend far beyond environmental aesthetics. Industrial and medical plastic wastes often contain toxic chemicals with carcinogenic properties, posing direct threats to human health. These materials don’t simply disappear when improperly disposed of-they infiltrate our environment, contaminating soil, water sources, and food chains.
Plastic additives released into the environment create a cascade of contamination that affects entire ecosystems. Wildlife suffers through ingestion, entanglement, and habitat destruction, while humans face exposure through contaminated water, food, and air. The interconnected nature of these impacts demands a comprehensive response that addresses both immediate disposal practices and long-term prevention strategies.
The link between plastic pollution and serious health conditions, including breast, ovarian, liver, and lung cancers, as well as various hormonal disorders, underscores the urgency of public education campaigns. Citizens have the right to understand how their daily choices affect not only environmental health but their own well-being and that of their families.
Despite scientific awareness of ocean plastic pollution dating back approximately 50 years, Nigeria’s rivers, creeks, and waterways continue to suffer from plastic waste invasion. This represents a failure of sustained commitment rather than a lack of knowledge about the problem’s existence and solutions.
The ritualistic approach to World Environment Day celebrations must end. Annual speeches and symbolic cleanups, while valuable, cannot substitute for year-round, systematic efforts to change behaviour and protect our environment. Governments must develop comprehensive frameworks that extend beyond June 5th commemorations.
Sustained enlightenment campaigns require dedicated funding, clear messaging, measurable objectives, and regular evaluation. Success depends on consistency, creativity, and community engagement that transforms environmental protection from a government mandate into a shared cultural value.
The path forward demands that all stakeholders-government officials, community leaders, educators, and citizens-recognize their roles in combating plastic pollution. Only through sustained, coordinated efforts can we hope to achieve the behavioural changes necessary to protect our environment and secure a healthier future for generations to come.

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