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‘Nigeria Needs Serial Miracles’
If Nigeria were to be a company, by now it would have been under receivership for possible resuscitation, the former Chief Executive Officer, Nigeria Economic Summit Group, Prof. Anya O. Anya, has said.
Anya, who stated this in Lagos, yesterday, while delivering the 21st Mike Okonkwo Annual Lecture, added that it would take a series of miracles for the nation to get out of the interwoven socio-political and economic challenges it has found itself.
This is just as the former Chief of General Staff, Commodore Ebitu Ukiwe, called on clerics and religious leaders in the country to fervently pray for divine intervention.
Ukiwe, who was the chairman of the occasion, noted that having served in various capacities as a public officer, he could not recollect a period where the level of intolerance, division, and other negative forces were this high in Nigeria.
“My remarks are not influenced by any emotion or sentiments, but I am speaking from personal experience gained from serving this country in various capacities before and after independence. There is no time we have experienced this level of intolerance and, division among ourselves. Bishop Mike Okonkwo should liaise with other clerics and they should go on their knees to seek divine intervention in the affairs of this country,” he said.
Anya, whose lecture was titled “Nigeria: Culture, Values, Democratic Governance And Development,” noted that with the national debt being close to N50trillion, and national earnings not enough to service the huge debt, all indices of bankruptcy were already manifested in the economic life of the country.
“Unemployment is chasing the 40percent mark even as inflation rate is slowly inching upward towards the 20percent mark. The exchange rate has come from around N400 to a dollar to N700 to the dollar in less than two months. We now need trillions of naira to pay the so-called petroleum subsidy. If this were a private company, we would have called in the receivers because the case for bankruptcy is strong. Over the last seven years, our GDP has hovered between 2,3 or at most 4percent per annum.
For accelerated growth that would match population growth, we need a growth of 11percent in our GDP.
“Experience over the last 50 years has shown that it is possible for economies to grow on the fast track and double their GDP within a decade as Singapore, China, South Korea and Taiwan have been able to do in the last 30 years. This is why Singapore has the highest GDP per capita in the world, higher than the United States the largest economy globally,” he said.
He faulted the disharmony and the disequilibrium entrenched in the distribution of wealth that has driven many youths to drug abuse and crime.
On the security challenges facing the nation, Anya opined that the country is in a state of undeclared war and the major task should be how to secure the state.
“We need to recall and mobilise all the retired military and paramilitary personnel in our country. There are among them a reservoir of experience, expertise and patriotism that we can ignore only at our peril. We must also create an environment for enduring social and political harmony. The easiest path to that end is the immediate implementation of those aspects of the 2014 National Conference that have constitutional and long term policy impact,” he added.
He urged Nigerians not to be despondent, recalling that some of the nations of choice today like Dubai, Malaysia etc. were nowhere some regions in Nigeria in terms of economic development and growth in the First Republic.
He advised that Nigerians and their leaders only need to toe the path of patriotism, honour and self-sacrifice the leaders of those days followed.
In his remarks, the Presiding Bishop of The Redeemed Evangelical Mission (TREM), Bishop Mike Okonkwo, who was celebrating his 77th birthday, said Nigerians should seek the face of God and live according to His will.
He noted that the challenges confronting the country were not insurmountable, but that the people should also be ready to do the needful.
Rivers State Governor, Siminalayi Fubara, has said the 33.5-kilometre Elele–Umudioga–Egbeda–Ubimini–Ikiri–Omoku dual carriageway is nearing completion and will be ready for inauguration by early May.
Speaking after inspecting the project last Wednesday, the governor disclosed that the N80.8 billion road project, currently at about 90 per cent completion, is on track for delivery before the end of April.
The project, which links Ikwerre, Emohua and Ogba/Egbema/Ndoni local government areas, was awarded to Craneburg Construction Company with a 24-month completion timeline.
Fubara expressed satisfaction with the pace of work, describing the road as a landmark achievement of his administration.
He noted that beyond infrastructure, the project symbolises progress and purposeful governance.
Highlighting its economic and security value, the governor said the road serves as a vital link to Omoku, a major gas hub, and would significantly enhance business activities in the area.
He recalled that the corridor was previously notorious for kidnapping and armed robbery but said the ongoing development had transformed the security outlook.
According to him, improved accessibility will enable security agencies to respond swiftly to emergencies, effectively curbing criminal activities that once plagued the route.
Fubara commended the contractor for adhering to the project timeline, expressing confidence that the road will soon be completed and opened to the public.
Recall that the governor had, during the flag-off ceremony in May 2024, disclosed that the project is funded from the State’s internally generated revenue savings.
Nigerians were among more than 140 residents injured after Iran launched multiple ballistic missiles and unmanned aerial vehicles at the United Arab Emirates, at the weekend.
This raised fresh fears for thousands of Nigerians living and working in the Gulf nation.
The UAE Ministry of Defence disclosed last Saturday that its air defence systems intercepted several missiles and drones fired from Iran, describing the attack as a major escalation in the ongoing regional tensions.
In a statement posted on its official X handle, the ministry said its air defence units engaged nine ballistic missiles and 33 drones during the latest assault on March 14.
It added that the attacks left six people dead and 141 others injured, including foreign nationals.
“The UAE air defence systems on March 14 engaged nine ballistic missiles and 33 UAVs launched from Iran,” the ministry stated.
“Since the onset of this blatant Iranian aggression, UAE air defences have engaged 294 ballistic missiles, 15 cruise missiles, and 1,600 UAVs launched from Iran,” UAE added.
According to the ministry, those killed in the attacks included citizens of the UAE as well as foreign nationals from Pakistan, Nepal and Bangladesh.
“Although the authorities did not specify the exact locations where the casualties occurred, the ministry said the injured victims were from several countries, including Nigeria.
Others affected include residents from Egypt, Sudan, Ethiopia, the Philippines, Pakistan, Iran, India, Bangladesh and Sri Lanka.
The list also included Azerbaijan, Yemen, Uganda, Eritrea, Lebanon, Afghanistan, Bahrain, Comoros, Türkiye, Iraq, Nepal, Oman, Jordan, Palestine, Ghana, Indonesia and Sweden.
The Tide reports that this development has sparked concern among Nigerian communities in the UAE, where thousands of citizens live and work in sectors such as construction, hospitality, logistics and trade.
Data from Nigeria’s diaspora commission shows that the UAE remains one of the largest destinations for Nigerian migrants in the Middle East, particularly in the emirates of Dubai, Abu Dhabi and Sharjah.
The Nigerian government had in recent years raised concerns over the safety and welfare of its citizens in the country following diplomatic tensions and visa restrictions affecting Nigerians.
Saturday’s attacks have now heightened anxieties within the diaspora community, especially as the Gulf region faces growing military confrontations.
In its statement, the UAE Ministry of Defence said the country remained fully prepared to confront any threats to its security.
“The Ministry of Defence remains fully prepared and ready to deal with any threats and will firmly confront any attempts to undermine state security in a manner that ensures the protection of its sovereignty, security and stability, and safeguards its national interests and capabilities,” the ministry said.
In a separate update, the ministry noted that its defence systems were still actively intercepting missiles and drones.
“UAE air defences are dealing with Iranian ballistic and cruise missiles and drones,” it said.
Regional media reports indicate that the attacks form part of a wider escalation of hostilities between Iran and Western-backed forces in the Middle East.
According to Al Jazeera, Iran has continued sustained missile and drone strikes across the Gulf despite protests from neighbouring states.
The strikes were said to be in retaliation for military operations launched by the United States and Israel against Iranian positions in the region.
Tehran targeted several Gulf countries, including Saudi Arabia, Qatar and the UAE, late on Friday and into Saturday.
The attacks also caused infrastructural damage in parts of the UAE.
Meanwhile, Iran’s elite military wing, the Islamic Revolutionary Guard Corps, warned that US interests in the UAE would remain legitimate targets.
Iranian state media reported that the group issued the warning after US forces attacked Iranian-controlled islands.
The IRGC specifically mentioned ports, docks and military installations linked to the United States as potential targets.
It also urged residents in the UAE to evacuate areas around ports and military facilities to avoid civilian casualties.
Security analysts say the growing exchange of threats and strike across the Gulf could destabilise the region’s economic and aviation activities if the conflict escalates further.
Nigeria’s Ministry of Foreign Affairs has yet to issue an official statement on the incident as of the time of filing this report.
Rivers State Governor, Sir Siminalayi Fubara, has charged the five new commissioners sworn-in last Wednesday to put in their best for the development of the State.
Fubara gave the charge during the swearing-in of the commissioners at the Executive Council Chambers of the Government House, Port Harcourt, last Wednesday.
This followed the successful screening of the five commissioners by the Rivers State House of Assembly, last Tuesday.
The five commissioners are Tonye Bellgam, Prof. Temple Nwofor, Dr. Peters Nwagor, Mr. Lekue Kenneth, and Sir Amairigha Edward Hart.
The Tide reports that the governor had sent nine commissioner-nominees to the Assembly for screening, but the Assembly confirmed only five nominees and rejected the nomination of four over various allegations.
Those rejected by the Assembly are Prof. Dantonye Alasia, Mrs. Charity Demua, Mr. Tamuno Williams, and Otonye Amachree.
The governor congratulated the new commissioners on their appointment, noting that their thorough screening by the Rivers State House of Assembly was a proof of their capabilities.
He urged them to deploy their wealth of experience in various fields and put the State on a fast lane of development.
“Ordinarily, I am supposed to charge you on your responsibilities and how to operate. But that has been taken care of by the screening at the Assembly.
“I believe that going through one of the most rigorous screenings, it is enough to say that for those of you who succeeded, you are fit and ready to deliver to our dear State.
“So there is no further charge. The screening was the charge, so I wish you the best as I don’t expect anything less than the best from you,” Fubara said.
