Editorial
Bill Gates’ Challenge
American billionaire and founder of Microsoft Corporation, Mr Bill Gates recently caused the Federal Government of Nigeria some discomfort and ignited a national discourse when he gave his verdict on the economic recovery template of the present administration.
Addressing stakeholders at the special session of the National Economic Council (NEC) meeting presided over by Vice President Yemi Osinbajo at the Presidential Villa in Abuja on Thursday, March 22, 2018, Mr Gates faulted the Economic Recovery and Growth Plan (ERGP) of the President Muhammadu Buhari-led administration, pointing out that the plan needs to be reworked if the country hopes to make progress and achieve sustainable economic growth and development.
According to the Co-chair of the Bill and Melinda Gates Foundation, the Nigerian government’s economic recovery blueprint is heavy on infrastructural development without a corresponding emphasis on human capital development, and therefore, could not be the solution to Nigeria’s economic woes.
In his words, “To anchor the economy over the long term, investment in infrastructure and competitiveness must go hand in hand with investment in the people.
“People without roads, ports and factories can’t flourish. And roads, ports and factories without skilled workers to build and manage them can’t sustain an economy”.
Mr Gates urged the Federal Government to have a rethink on the nation’s investment strategy and lamented a situation where Nigeria ranks among the worst places to give birth in the world even though it has capacity to be among Upper Middle Income status countries like Brazil, China, Mexico, etc.
The Tide salutes the courage and audacity of the American businessman for not only speaking the truth but telling it in no unambiguous terms right to the faces of the top actors and managers of the Nigerian economy.
We note that several other notable Nigerians within and outside the country had made similar observations. Personalities like the World Bank Director and former Minister of Finance, Mrs Ngozi Okonjo-Iweala, former Minister of Education, Dr Oby Ezekwesili, former Governor of the Central Bank, Mallam Sanusi Lamido Sanusi and former President Olusegun Obasanjo, among others have, at various times, drawn attention to the nation’s economic drift while the government has remained lethargic, clueless and listening to itself alone.
Even though the economy is said to be exiting recession, the manufacturing sector has gone comatose, inflation rate remains double digit, cost of living remains very high, life expectancy keeps going down, businesses are folding up, the unemployment market is swelling unabated, while millions of jobs are lost every year. Worse, our young people continue to leave the country in droves in search of opportunities even as many of them die in the Mediterranean while others are sold into slavery.
It is sad that malaria is still a major killer in Nigeria while nearly all the countries of the world wait on us to sound a global death knell on polio. But for Sierra Leone, Chad and Central African Republic, Nigeria has the worst infant and maternal mortality record in the world while we have the most number of out-of school children in the globe. Yet, stagnancy, decay and disintegration characterise our educational sector due to systemic failure.
It is, indeed, curious and worrisome that the Buhari administration has no visible economic team to fashion a workable solution to the mountain of economic challenges facing the country; rather the cabinet is made up of square pegs in round holes.
It is against this backdrop that we urge the Federal Government to wake up from its siesta and respond appropriately to Mr Gates’ challenge by reordering its priorities and setting up the right framework for Nigeria’s economic recovery, growth and development. Action in this regard must be swift, pragmatic and diligent in order to stop the agonising and excruciating experience Nigerians are going through at the moment.
Perhaps, it is worth reminding the All Progressives Congress (APC)-led Federal Government that there is greater honour and pride in uplifting the living conditions of the people than there can ever be in glory of electoral victory.
Editorial
Making Rivers’ Seaports Work

When Rivers State Governor, Sir Siminalayi Fubara, received the Board and Management of the Nigerian Ports Authority (NPA), led by its Chairman, Senator Adeyeye Adedayo Clement, his message was unmistakable: Rivers’ seaports remain underutilised, and Nigeria is poorer for it. The governor’s lament was a sad reminder of how neglect and centralisation continue to choke the nation’s economic arteries.
The governor, in his remarks at Government House, Port Harcourt, expressed concern that the twin seaports — the NPA in Port Harcourt and the Onne Seaport — have not been operating at their full potential. He underscored that seaports are vital engines of national development, pointing out that no prosperous nation thrives without efficient ports and airports. His position aligns with global realities that maritime trade remains the backbone of industrial expansion and international commerce.
Indeed, the case of Rivers State is peculiar. It hosts two major ports strategically located along the Bonny River axis, yet cargo throughput has remained dismally low compared to Lagos. According to NPA’s 2023 statistics, Lagos ports (Apapa and Tin Can Island) handled over 75 per cent of Nigeria’s container traffic, while Onne managed less than 10 per cent. Such a lopsided distribution is neither efficient nor sustainable.
Governor Fubara rightly observed that the full capacity operation of Onne Port would be transformative. The area’s vast land mass and industrial potential make it ideal for ancillary businesses — warehousing, logistics, ship repair, and manufacturing. A revitalised Onne would attract investors, create jobs, and stimulate economic growth, not only in Rivers State but across the Niger Delta.
The multiplier effect cannot be overstated. The port’s expansion would boost clearing and forwarding services, strengthen local transport networks, and revitalise the moribund manufacturing sector. It would also expand opportunities for youth employment — a pressing concern in a state where unemployment reportedly hovers around 32 per cent, according to the National Bureau of Statistics (NBS).
Yet, the challenge lies not in capacity but in policy. For years, Nigeria’s maritime economy has been suffocated by excessive centralisation. Successive governments have prioritised Lagos at the expense of other viable ports, creating a traffic nightmare and logistical bottlenecks that cost importers and exporters billions annually. The governor’s call, therefore, is a plea for fairness and pragmatism.
Making Lagos the exclusive maritime gateway is counter productive. Congestion at Tin Can Island and Apapa has become legendary — ships often wait weeks to berth, while truck queues stretch for kilometres. The result is avoidable demurrage, product delays, and business frustration. A more decentralised port system would spread economic opportunities and reduce the burden on Lagos’ overstretched infrastructure.
Importers continue to face severe difficulties clearing goods in Lagos, with bureaucratic delays and poor road networks compounding their woes. The World Bank’s Doing Business Report estimates that Nigerian ports experience average clearance times of 20 days — compared to just 5 days in neighbouring Ghana. Such inefficiency undermines competitiveness and discourages foreign investment.
Worse still, goods transported from Lagos to other regions are often lost to accidents or criminal attacks along the nation’s perilous highways. Reports from the Federal Road Safety Corps indicate that over 5,000 road crashes involving heavy-duty trucks occurred in 2023, many en route from Lagos. By contrast, activating seaports in Rivers, Warri, and Calabar would shorten cargo routes and save lives.
The economic rationale is clear: making all seaports operational will create jobs, enhance trade efficiency, and boost national revenue. It will also help diversify economic activity away from the overburdened South West, spreading prosperity more evenly across the federation.
Decentralisation is both an economic strategy and an act of national renewal. When Onne, Warri, and Calabar ports operate optimally, hinterland states benefit through increased trade and infrastructure development. The federal purse, too, gains through taxes, duties, and improved productivity.
Tin Can Island, already bursting at the seams, exemplifies the perils of over-centralisation. Ships face berthing delays, containers stack up, and port users lose valuable hours navigating chaos. The result is higher operational costs and lower competitiveness. Allowing states like Rivers to fully harness their maritime assets would reverse this trend.
Compelling all importers to use Lagos ports is an anachronistic policy that stifles innovation and local enterprise. Nigeria cannot achieve its industrial ambitions by chaining its logistics system to one congested city. The path to prosperity lies in empowering every state to develop and utilise its natural advantages — and for Rivers, that means functional seaports.
Fubara’s call should not go unheeded. The Federal Government must embrace decentralisation as a strategic necessity for national growth. Making Rivers’ seaports work is not just about reviving dormant infrastructure; it is about unlocking the full maritime potential of a nation yearning for balance, productivity, and shared prosperity.
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Charge Before New Rivers Council Helmsmen
