•  Is the World on the Brink of Another Great Recession?

    20/Feb/2016 // 1578 Viewers

    By Sherle R. Schwenniger

    One of the greatest challenges, President Obama faces in his last months in office is how to deal with a global economy teetering on the edge of a yet another crisis. For weeks now, the financial markets have been signaling major trouble ahead. Turbulent equity markets throughout the world have plummeted. Yields on long-term bonds in the United States have fallen to near historic lows, auguring extended economic weakness ahead. And interest rates have turned negative in Japan and some European economies, underscoring that these economies may be losing the fight against deflation. Meanwhile, the large flow of money into China and emerging economies that drove global growth after the great financial crisis has reversed, exposing those economies to years of debt buildup.
     Indeed, one cannot rule out that the markets may be signaling something more serious than just a global economic slowdown. They could be foreshadowing the beginning of what might be called the third leg of the world economic crisis, one that would echo the US-centered housing bubble in 2008 (the first leg) and the eurozone crisis in 2010–11 (the second leg). This third leg would center on China and emerging markets. In the aftermath of the global crisis of 2008, with demand in the United States and Europe no longer available to power its export economy, China embarked on the largest expansion of credit in modern economic history. In the process, it built too many factories, too much housing, and too much infrastructure. The huge increase in debt worked to keep China’s economy growing and boosted emerging markets and commodity producers, but it created huge excesses and lots of bad debt in China and other economies dependent on China that now must be worked off.
    Not surprisingly, the Chinese economy is now on a bumpy descent as it tries to manage its overinvestment bubble and as it transitions to a more consumer-oriented economy. The fear of a Chinese hard landing has created tremors throughout the global economy. The price of commodities, from oil to copper and iron ore, has collapsed in the face of global oversupply and expected weaker demand from China. Brazil, Russia, and other commodity producers are in recession. Manufacturing economies worry about a new wave of deflation coming out of China, driving down the price of manufactured goods. And everyone worries that China will have no choice but to let the yuan fall further, thereby setting off a series of competitive devaluations in Asia and beyond and setting the stage for a new emerging-market debt crisis. For as currencies fall, emerging markets will not be able to service their dollar-denominated debt, triggering a new financial crisis that will extend to European banks and the shadow banking system of US asset managers and hedge funds.
    The US economy is in a better position than other economies to weather this third leg of the global crisis. But in today’s world, no economy is an island. It is unlikely that the United States can avoid a recession if Europe, Japan, and China are all pulled into one, and even more unlikely if there is a major credit crisis centered on emerging markets, energy, and Chinese debt, which would pull down many European banks and some US asset managers. Even as it is, US energy producers—solar and wind as well oil and gas—are being decimated by the wars of oversupply and weaker demand. And US manufacturing is contracting because of a strengthening dollar, which makes US exports more expensive. American consumers will of course benefit from lower energy costs and cheaper goods, but it will be difficult for them to hold up the global economy as they have done in the past, given their sizable debt burden and weak wage growth over the past six years.
    The prospect of a global economic slowdown is especially troubling because the world’s central banks, despite extraordinary measures, have not been able to reverse the drift toward deflation and depression. Now they are essentially out of ammunition and are resorting to experimenting with negative interest rates. Worse, fiscal policy in the form of government spending is, for political reasons, off the table in nearly all major economies, including in the United States.
    If ever there were a time for US global leadership, it is now. Even if the United States avoids being pulled into recession, one shudders to think about the geopolitical implications of a global slowdown. Even as it is now, divisions and xenophobic populist movements are growing in Europe in response to the flood of refugees and a half-decade of austerity, to take one example. It is of course possible that China will be able to stabilize its descent, that Europe and Japan will be able to eke out some economic growth in the year ahead, that emerging economies will be able to manage their debts, and that the US economy will enjoy something of a deflationary boom as a result of a strong job market and falling prices for energy and consumer goods.
    But this would be far from the global prosperity that is needed to lift people out of poverty and grow a bigger global middle class. There are a number of sensible ideas for avoiding a major world economic crisis and for supporting more robust global growth: a massive US infrastructure investment program; debt restructuring and relief for households and students in the United States as well as for sovereign debtors in Europe and other regions; a bigger IMF and World Bank insurance fund for emerging-market debt; a growth program in Europe led by the European Investment Bank; expanded funding for refugee resettlement; new international reconstruction programs in Ukraine, North Africa, the Middle East, and Central Asia; and, if necessary, direct central bank financing of these and other spending programs. The White House could also pressure Berlin and other European capitals more on reversing austerity and less on maintaining sanctions on Russia. All these policy measures would support global demand and create jobs while easing the pressures of debt deflation.
    But nearly all of these ideas, except some pale versions like increased spending on infrastructure, are outside the boundaries of current American political discourse. To say that the US political and media establishment is unready for a global economic slowdown, let alone a new financial crisis, would be an understatement. Nearly all the Republican candidates have committed themselves to balanced budgets and reduced spending and, unless the politics change quickly, a Republican Congress would most surely block any recovery program a Democratic president would propose as well as US participation in any international recovery effort. Most of the candidates are full of crackpot ideas on how to stand up to Putin and destroy ISIS, but none have ventured to say a word about how they would save the world economy from another crisis.
    As we have argued in other contexts, Senator Sanders is right: we need a political revolution. But looking out at the troubled global economy, we must also see that the revolution must do more than just fix a rigged economy and a rigged political system. It must also seek to transform our international relations to give much greater priority to widely shared global economic prosperity.
    *SHERLE R. SCHWENNINGER Sherle R. Schwenninger is director of the Economic Growth Program at the New America Foundation and a senior fellow at the World Policy Institute.

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  • NIGERIA: A nation in the woods with her president in transit

    20/Feb/2016 // 322 Viewers

     By Ifedayo Obi

    Since emergence of our President as number one citizen, he has left no one in doubt that charity should begin from abroad not home. Thus he deems it fit to tour the globe in his quest for providing solution to Nigeria’s problem. From all indications, it seems he is comfortable in communicating his policies via this platform.

    Surprisingly, this style of governance is alien to our nation and many keep wondering why the President should choose such a path. To make the matter worse his spin’s doctors are going to any length in defending this unbecoming act. Their defence have changed from during or after trip to before trip, what a government?

    To be candid, there is nothing bad in attending international affairs outside the shore of his country but the situation in our country deserve full attention and time from its leaders. According to a Norway's proverb that says necessity teaches naked woman how to knit.

    It would have been better if Mr President has strong affinity for delegation of responsibilities but he has not, considering outcome of the presented 2016 Budget to NASS. It is now clear to all and sundry that the current government is unprepared for governance. Even Buhari himself has admitted this by saying he came at the wrong time to govern. Buhari and APC are doing more of politicking than governance and this is affecting all their outings. From TSA commission fee to inconclusive elections to budget of change that turned to fraud, in fact the list is becoming endless.

    We expected the government to salvage the nation from global economy downturn with appreciable policies but what we are having now is government that is bent on passing buck to past government, political vendettas and always fail to admit when it errs.

    How could a government that promise change steal, replace and later disown its budget? Till now, no apology has been rendered instead it keeps bringing webminster words like mafia, saboteurs to defend a national embarrassment. Our advice for this government is to withdraw this profligacy entourage called budget of change and present a reasonable. If not the sacking spree will justify our earlier claim that this government is only replacing them to reward its sponsors' list.

    At this juncture, we don't need any rocket scientist to discern the state of our economy and Mr Buhari should stop thinking that as a retired Army General he will know it all. If Financial Times and Bloomberg are enemies to our nation, we don't think our economists like Emir of Kano, Sanusi Lamido Sanusi and Pat Utomi who are ardent supporters of this government will toe same path with these foreign analysts.

    What benefit will "I will not kill Naira" do to the innocent public that 98% of their daily transactions reflect happenings from parallel market of foreign exchange? No matter how good an intention sounds without facts and figures of reality it will remain a harmful substance in economics.

    It is high time we stopped these stringent policies that keep widening the gap between official and parallel markets' rates.

    It is high time we stopped passing bucks and face reality.

    It is high time we stopped having 4 media aides to a President of prudence and leaned cabinet when no Chief Economy Adviser has been appointed.

    It is high time we stopped thinking that melodrama from EFCC, DSS and fifth columnist media outfits can replace policies for good governance.

    It is high time we stopped thinking that foreign aids will come without consequences as no country is a father xmas.

    We are saying it again, the vacuum created by the wasted first six months cannot be underscored with the charade of shame in 2016 budget and this government should desist from justifying what is alien to our style of governance.

    Good Governance Advocates is saying to Mr President to listen less to his inner caucus and praise singers but give more attention to his critics.

    Nigeria belongs to all and our patriotism should be to it than any political parties or groups

    *Ifedayo Obi,


    (Good Governance Advocates is a partner of Shadow Cabinet of Nigeria and we are synonymous to governance par excellence with mandate to bring government to their toes in discharge of their duties for the governed to smile)


    Disclaimer: Views expressed in any piece we publish remain entirely the author's and do not reflect the editorial policy of DailyGlobeWatch

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  • Moving towards a welfare state

    20/Feb/2016 // 320 Viewers

    By Iyke Ozemena


    One of the obstacles which the former Minister of Finance and Coordinating Minister for the economy, Dr. Ngozi Okonjo-Iweala had to overcome was the fact that there was no success module to replicate from independence, through the military regime to the new democratic dispensation (aka Fourth Republic). She had to devise new ways and means such as Treasury Single Account, blocked financial wastages etc. No one was left in doubt that dealing with huge unemployment was top in her mind; so youth, women, unemployment and poverty were to be tackled frontally.

    The traditional institutions for human capital development like National Directorate for Employment (NDE), Industrial Training Fund (ITF), various Federal and State employment programmes through agriculture, skills acquisition etc were hardly efficient. These structures had to be adequate as well as efficient to serve as platform for dispensing funds for palliatives and extending skills acquisition and employment programmes. It was this required level and efficiency on entrepreneurship that enabled Delta State for instance to maintain first position among 36 states for three consecutive years.

    The imperative of United Nations Millennium Development Goals (MDGs) added impetus to the national efforts to improve and stabilize traditional institutions. These efforts contributed to employment creation.

    The enactment and implementation of Nigerian Local Content Act of 2010 was reported to have produced about 300,000 direct and indirect jobs.

    The former Minister was quoted to have said that between 2012 and 2014 when the economy was rebased Nigerian economy hitherto thought to be a weakling created over 2.8million jobs that could be verified. She was advancing towards Indian example where most of the jobs come from private sector giving impetus to the creation of the Ministry for Micro, Small and Medium Enterprises. Her successor, Mrs Kemi Adeosun who is equally seasoned and dogged has embraced a conservative path even though she would not be coordinating the economy perhaps because of the hard time devised new ways and means to tackle the unemployment and dwindling revenue.

    Juxtapose this position with the campaign promises of paying N5000 to every unemployed individual. One wonders how feasible these proposals will be in the face of national currency falling to N380.00 to the dollar.

    Before 2015 election All Progressive Congress (APC) conducted a nation - wide survey interviewed about 21,000 persons on 95 issues. The result showed that job creation was utmost in the hierarchy of needs (Abraham Maslow’s Hierarchy of needs). Consequently, APC’s manifesto was drafted to reflect that result so as to provide at least 20,000 jobs in every state by APC government; and perhaps that equation supposed that all states will be governed by APC government, however, the reality is different today.

    Besides it was recognized that other classes of society who may not benefit from employment programme have to be addressed in some other forms. APC therefore resolved that N25,000 monthly allowance should be paid to these less-privileged persons to alleviate their sufferings.

    Perhaps due to the grim state of the economy N25,000 monthly allowance now seems unrealistic. Therefore according to PMB administration payment of a welfare grant of N5,000 will commence soon after the passage of 2016 budget by the legislature. The N5billion set aside will be the first of its kind in Nigeria suggesting welfare state practiced in advanced countries. It would also be a unique exercise where Malinda/Gate Foundation as well as the World Bank would be offering assistances in order to ensure a smooth and efficient implementation of the scheme.

    One of the challenges expected from this exercise is lack of database as well as the category of beneficiaries. Unless it is a one–off exercise the dearth of statistical data is bound to challenge or stall the process because only an estimate shows that 1.8 million youths, majority of who are graduates enter the labour market annually. It is the minister that would say how prepared she is to handle it.

    Barr. Iyke Ozemena


    Ikechukwu Odoemelam & Co.

    Corporate Attorneys/Consultants

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  • Is it because it is Buhari? By Mustafa Yahaya

    20/Feb/2016 // 322 Viewers


    *By Mustafa Yahaya
    I marvel at the way and manner we think
    in this country, worst of it the way we
    think in the north. It is just a few months
    ago that we all continually lambasted
    president Jonathan's cluelessness, I
    referred to him as the "drunken master
    of Otuoke", and nobody harassed me, and
    now because they fear the power of the
    media that brought them to power they
    want to castrate the social media, with
    Buhari firing the first shot in an interview
    with Sahara reporters' Adeola in New
    York, why, is it because it is Buhari?
    We demonstrated against pump price
    increment for petrol, government of
    president Buhari wants us to swallow the
    same pill we rejected a few months ago,
    yet some of my northern compatriots see
    nothing wrong with that, is it because it is
    When three sons of Sheik Zakzaky were
    murdered during the Jonathan
    administration, El-Rufa'i called it genocide
    by the jonathanian army, now under
    Buhari more than 200 are killed, their
    mosque and houses destroyed under
    Elrufai's nose as Governor of the same
    state, he has not called it genocide by the
    Buharian army, is it because it is Buhari?
    Under the Jonathan administration
    subsidy payments were termed as fraud,
    and there were hues and cries to crucify
    oil marketers, Buhari even called it a
    fraud himself, we also thought so, Six
    months later the same Buhari is paying
    for subsidy yet nobody is calling it a fraud,
    why, is it because it is Buhari?
    We criticized Jonathan for keeping a large
    fleet in the presidential fleet and wasting
    monies on maintenance, only recently
    President Buhari's spokesman admitted 2
    billion Naira was spent on their
    maintenance, when other presidents are
    even doing away with their jets, yet we
    sit down and watch helplessly, is it
    because it Buhari?
    Fuel scarcity is biting harder, value of the
    Naira is going rock bottom, inflation is
    now on auto pilot, while profits are
    dropping, purchasing powers are
    becoming weaker, yet we are asked not
    to query them, is it because it is Buhari?
    If we criticized Jonathan for cluelessness,
    we will also criticize Buhari for
    helplessness. While tribal and regional
    jingoist see nothing because it is Buhari,
    what I see first is Nigeria and not whether
    Jonathan is a southerner or Buhari is a
    Northerner, we. Cannot continue to be
    trapped in the closet of tribalism,
    regionalism and religious bigotry yet
    expect our country to remain one and
    Yes! we might be of different orientation
    and background but what is good is good
    any where any time and what is bad is
    bad, I cannot be suffering and keep
    smiling because "my brother" is the
    Disclaimer: expressed in any piece we publish remain entirely the author's and do not reflect the editorial policy of DailyGlobeWatch

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  • Uncle Dele, How Market With Buhari?

    20/Feb/2017 // 1073 Viewers


    In all the APC and President Mohammadu Buhari supporters who are today singing a new song due to his abysmal and catastrophic performance in almost two years, None of them surprises me more than, our very own Otunba Dele Momudu, publisher, Ovation Magazine. 

    I know some people will quickly argue that, uncle Dele is still a big fan of Baba but a few others like yours sincerely who have deliberately decided to be keeping a date with him every Saturday on ‘ The Pendulum’ his weekly column on Thisday Newspaper, can confidently say that, he is the newest member of the National Association of Nigeria Wailers (NANW).

    My reason is simple. His articles on that column in recent times can be mistaken for that of Reno Omokri or Femi Aribasala, both of whom are known critics of the Buhari led administration.

    But why the sudden U- turn when virtually all the people that brought President Buhari like himself are till date, still suing for calm and patience from Nigerians in almost two years!Haba Egbon,is it not the same you told whoever cared to listen that, General Buhari was Nigeria’s messiah? The same Daura Ex-General you prefered over an ex university lecturer? 

    The over seventy years old man you preferred over a man in his 50s? You of all people cannot claim ignorant of the fact that, the Old man you and your likes foisted on Nigerians is a known religious bigot with zero respect for Democratic ethos. I know you knew all of this but the ‘operation send Goodluck parking’ was more paramount. Now see the mess you have all put us!

    The Nigeria Naira we were told was going to be made to be equal to one Dollar is losing value on a daily basis, the recession that accompanied the ‘Change’ team is steadily heading to depression, people are dying on a daily basis due to their inability to access basic health care while so many are rendered homeless for not been able to pay their rents. Needless to remind you that, the prices of everything in Nigeria has skyrocketed ever since ‘Baba’ as you fondly call him came on board.
    A couple of days ago, a total of five armed robbers were burnt to death in Calabar, the Cross River State Capital on two different occasions. While I agree that Arm robbery has been a long time security challenge in our Country, I make bold to say that, it has only become rampant due to the unbearable hardship in the land. 

    Worst still is the fact that,instead of Nigerians allowing the law take its course on suspects, they rather vent their anger and frustration on their fellow human beings by burning them alive. People are increasingly losing their minds on a daily basis that is why jungle justice is on the rise if you must know. What a Change!

    Senator Ahmed Bola Tinubu (Jagaban) and Chief Bisi Akande among a few others of that age bracket can easily be forgiven for selling their fellow Octogenarian on us but forgiving the younger men like you who were neck deap into the Buhari Project is really a difficult one.

    You of all people won my admiration when you entrusted your entire presidential campaign apparatus to 26 years old Ohimai Godwin Amaize as your Presidential campaign manager during your failed Presidential bid in 2011.

    By that singular gesture, you gave many of us hope for the future. You made us believed that, you believe in our capacity and ability as youths in whatever task that is assigned to us. It also meant that, whether your presidential aspiration was realise or not, they was an urgent need for our country men and women to begin to look towards entrusting the leadership of this Country to a new generation leader with youthful swag and energy.

    Though you never won that election but the consciousness you brought to the fore am sure contributed immensely to the emergence of the immediate past President, Goodluck Jonathan in 2011 general elections. 

    One would have expected that at the end of the elections, you give the Jonathan presidency all the needed support it may need to succeed,but hell NO, you surprisingly threw your full weight on a man who knows next to nothing on how a 21st century Economy is run a few years after. Now see how backward we have become as a country!

    Nigeria as at today is a complete theatre of drama. Nothing is working. Not even the lies of Lai Mohammed or that of Femi Adesina and Garba Shehu. All the lies and propaganda that brought the present Government to power is no longer holding water, confirming the biblical scripture that says ” To everything under the sun, there is a season”.

    Uncle Dele, you owe some of us who hold you in high esteem one favour and that is,holding your peace until mid 2018 when the politics of 2019 must have kick started in Ernest where I expect that, you will come out openly and correct your mistake by ensuring that,the most incompetent and clueless President Nigeria has ever had is sent parking. Stop wasting your ink in the name of advising the administration. Can’t you see that, they are not listening!

    Until then, Well done Sir in Falz D badt guy’s voice.

    Richard Romanus writes from Calabar.

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  • The Tyrant In Abuja

    20/Jan/2016 // 1385 Viewers

     By Iyoha John Darlington

    The world has lived through great civilizations and civilization itself has had its worst enemies. Man driven by lust for power and personal aggrandizement plays god to others and we have encountered with so many of them through the ages. The historic tripartite pact of 1936 saw a fusion of power blocs. Benito Mussolini  ruled by caprice in fascist Italy, in Nazi Germany Adolf Hitler allied  with Emperor Hirohito of Japan in a bid to bestride the world like a colossus.
    Other outposts of tyranny include Jordan under King Abdullah, Libya under Ghaddafi, Cuba under Fidel Castrol, the rogue regimes of North Korea and Iran, Iraq under Saddam, Uganda under Amin the late despot  and Zimbabwe's Robert Mugabe who has ruled the country for nearly four decades.These were cold-blooded brutes who hid under a cause to unleash fury on their subjects and silenced dissenting voices in their political domains. 
    A lot of lives were lost and the world and most regions experienced unprecedentedly abysmal demographic change calling to mind the attempted extermination of the Jewish race out of which six million Jews gassed to death where they were held in death camps and other  million of lives that were lost in World War11. Thousands of unarmed civilians mainly Kurds were killed in Halabja poison gas attack  by the regime in Baghdad under Saddam Hussein, Iron-fisted Benito Mussolini clamped down on his own people while he ruled over Italy.

     Back home in Africa, the State Research Bureau, Amin's secret agents killed many Ugandans some of whose flesh he fed on like a cannibal. These were all dark moments in human history. As luck would have it they all methodically  took their unceremonious exits from the earth under unfortunate circumstances.
    Would one be right to exempt Nigeria from one of the outposts of tyranny either in the present, distant or immediate past? Has Nigeria ever witnessed any iron-fisted  rule? Under totalitarian governments powers are assigned to the authorities to imprison and kill without circumscription and we have seen these at play in Nigeria which qualifies Africa's biggest democracy south of the Sahara  as one outpost of tyranny.  Kudirat Abiola was taken by a storm of bullets by men believed to be Abacha's secret agents. Pa Alfred Rewane was killed and so were other eminent Nigerians that forced this writer to take to flight at the time   to avoid being devoured by a raving mad lion that had probably  broken loose from its den. 
    Between 1984 and 1985, we had a junta which exported state-linked crime beyond our territorial borders. Those who kidnap in Nigeria today  only try to 'teach grandfather Buhari to suck eggs' because in 1984 Buhari transgressed the bounds of decency and authority in a futile bid to violently kidnap late Dr. Dikko to answer for his alleged crimes instead of retaining a diplomatic channel to file for his extradition from the United Kingdom. Objectively speaking, you do not commit a crime to solve a crime for that single act he ought to have stood trial at the international criminal court.
    So many things have gone wrong in rapid succession within seven and a half calendar months of his taking the reins of power. We had prayed for him to succeed but God does not answer prayers devoid of auxiliary actions or embarking on actions borne out of lies and deceit to demonize others all in a bid to save one's face or cover up one's incompetence. Soldering is not the same thing as governance after all.
    It is no more in dispute that Nigeria under the present administration lacks qualified and competent technocrats the reason  why everything is spiraling downward and his apologists downward into gross irrationality. Against every casual sense of  rationality and decency, his actions are commended by partisans which are opposed to the social  norms and patterns of a  civilized world. Dictators often wield unlimited powers, run a dictatorial presidency, decide cases and convict dissenting voices even before trial calling to mind the conviction of the British journalist by the legendary Amin  before his trial in a Ugandan courtroom. The Chief Judge freed this victim of ineluctable fate for which he later paid the supreme price.

                                                           Lington Donovan
                                                              Iyoha John Darlington
    I had before  now stood  mouth agape with incredulity how our memories could be so short. About thirty years ago in his first stint as a military ruler,  we saw all these traits at play that caused Nigerians so much misery until that regime was terminated sometimes in 1985 and Nigerians who groaned under his military jackboots heaved a sigh of relief. The papers were awash with criticisms and widespread jubilations  with each victim of Buhari's reign of terror recounting ordeals. Many of us who fled the country then had to return with the self-styled evil genius in charge, Nigeria's legendary IBB, an effective ruler who relatively embarked and carried out sweeping reforms - that administration would be remembered for its open-door policy it adopted. Bigoted critics were not thrown off the radar but were extended the Olive Branch  to come on board and pilot the Ship of State.
    Today we are again caught in another agonizing web under a despot who is intolerant of opposing political views. This is what  we had escaped by a twist of fate some thirty 30 years ago a period of time which brought Nigeria to the edge of chaos.  Some of his present apologists from which came  the bulk of the votes that shot him to power  had not been born. Barely eight months into his four years  tenure we have  a similar scenario  unfolding marvelously. 
    Our once vibrant  economy has become stagnant and comatose and blatant  lies are being  told to save faces, the Naira, Nigeria's monetary unit has fallen drastically in value and now exchange for over N300  to the US dollar. Never have we experienced this unprecedented decline in the value of our domestic currency coupled  with International Monetary Fund outright refusal to accede to his loan demand  but instead  mounts a pressure on the Abuja regime  for further devaluation of the Naira. This inability to manage the economy resulting from sheer incompetence is tantamount to giving the already sapped and pauperized Nigerians the hangman's noose.
    It would be recalled that Stalin in the defunct Soviet Union in 1934  began a series of 'purges' in which millions of people died. The purges  known as the Great Terror began when Sergei Kirov was assassinated. He was probably murdered on Stalin's orders. Nevertheless, Stalin used it as an excuse to eliminate his enemies or anyone he thought might be a threat. This was a period in Soviet history that saw  many prominent communists  put on show trials and thereafter thrown in stir or executed which Nigeria could be taking her cue from before long. Millions of ordinary people were sent to labour camps and forced to work in appalling conditions.
    In 1937-38 Stalin 'purged' the officers in the red army. About 80% of the generals and 50% of the colonels were executed. Buhari has ordered a similar purge of serving  officers in the armed forces whose fate only hang in the balance.  So the red army was weakened just when Russia was facing a threat from Nazi Germany.
    Furthermore in the 1930s, under Stalin the churches were persecuted. Still recall his stance on Sharia?  Many Nigerians are being framed up again and left to rot in dungeons under the guise of prosecuting the anti-graft war. This was exactly what happened about 30 years ago. Professor Alli, the then first Executive Governor of the defunct Bendel State and many others were unduly incarcerated after a kangaroo court trial though released much later, thanks to the magnanimity and benevolence  of the Iyayi and Igbinedion families,  went blind and died shortly afterward from complications he suffered during a custodial sentence. Alas, Prof Alli died with only a bungalow of two flats to his name at his  Emaudo village home, Ekpoma, Edo State!
    The writer shall now focus his binoculars on the purported $2.1 billion arms deal which the Daura-born overlord clings to for his inability to run the country rocked by economic depression and instability calling to mind the separatist aspirations mounting in the southeast and jihadist insurgency in the north-east. The  staggering $2.1 billion arms procurement funds like the Chibok girls  story is a scam manufactured or cooked up  to extenuate  incompetence and abysmal failure which we all spot  on the horizon. 
    $2.1 billion is over N600 billion by the current exchange rate.  How many people have been indicted and how much has each of them been asked to refund?   If Buhari decides to arrest everyone that has served  between 1999 and 2015 in connection with the non-existent $2.1 billion, can he recover  as much as N200 billion? The answer is NO in block letters if we all need reminding. Hence, I wonder from where and how the $2.1  billion came. Can Nigeria afford to part with $2.1 billion at one blow for a transaction of any form without screeching to a halt? I wonder why some of us are so gullible to fall  hook, line, and sinker for his personal inadequacies and blatant lies.
    An accused is presumed innocent until proven otherwise but Amin's version of crying  injustice is being re-enacted in Africa's biggest democracy with flagrant abuse of power, disregard for court orders considering the continued detention of Nnamdi Kanu and Ibrahim Dasuki on Buhari's order who have both  been granted bail by  courts of competent jurisdiction. This, I dare say, is tantamount to tyranny!
    It is high-time the teething problems besetting Nigeria like a series of devastating plagues were addressed instead of employing tricky maneuvers that will not yield any fruitful dividend  in the  end. Killings under Buhari's administration have systematically begun and now on the ascending order of magnitude considering the mass murder of 300 Shi'ite Muslims in Zaria, Kaduna State.  Killing of defenseless MASSOB & IPOB members on a peaceful demonstration, and the aerial bombardment  sometimes in June last year of Cross Rivers creek communities which killed many civilians including women and children which are typical examples of  totalitarian regimes. Amin's despotic rule recorded 500,000 deaths before he was kicked out of power by a coalition of Tanzanian troops and forces of the Uganda National Liberation Front in 1979.  
    Sad to say, the democracy we all labored and doggedly fought for has been hijacked by the Daura-born overlord and his trusted  lieutenants  while dissenting voices are being hunted and  crushed by brute force. Under the existing circumstances, it is either one aligns oneself with the tyrant in Abuja or there will be the devil to pay.
    Iyoha John Darlington, a social activist, Turin-based scholar,  a public commentator on national and global issues writes from Turin, Italy.
    Disclaimer: Views expressed in any article we publish remain entirely the author's and do not reflect the editorial policy of DailyGlobeWatch

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  • A divided Biafra cannot stand

    20/Jan/2016 // 463 Viewers

    By Farouk Martins Aresa

    This close relative of ours made a passionate plea sometime ago that it is better for each ethnic group to go its own way than to stay together bytulasi killing one another. It’s like a wife pleading to leave an abuser rather than stay with him and get killed from one of those violence. No matter how we feel about Nigeria, most Nigerians do not encourage abusers that failed to reason and make amends to his victims, each time after violence erupts.
    It is getting to a point where many Nigerians have given up, that much the agitations for break up has achieved. It must be started that Igbo are not the only ones that want to leave Nigeria, there is a general agreement that most Nigerians are tired and do not care if the Igbo leave. The Hausa were lured into Nigeria with conditions and the Yoruba are just sick of labels for making Nigeria work. Even more important are the various ethnic groups that may not be as big as the three behemoths but whose interests are just as important as each of the ethnic groups.
    IPOB is now encouraging and going back to the same violent tactics that got MEND famous. We must account for destructive process achievements. Years of environmental pollution by the oil companies complemented with sabotage of pipelines, contracts to protect pipelines and six years of Jonathan at the very top as President, never made a dent to the fishermen in the area or those that live, go to school and play by the rules. The poor are always the victims of power.
    If this is true about Ijaw agitation and the rest of the militias, one must wonder why the Igbo would want to drag other ethnic groups, no matter their claimof relationships, unwillingly into Biafra. If they see themselves as past victims just as the Igbo feel in Nigeria, it not in their interest to entice them into Biafra with the promise of a better relationship they were not offered in the past. Do they really want Ogoni, Okrika, Itsekiri, and Edo in Biafra?
    It is true that many Nigerians think Igbo is Igbo but Igboid deserve the same self-determination as any other ethnic group. The reluctance of Ndi-Igbo to accept this fact may undo their own destiny in an Independent Biafra. It has been alleged that Biafra need Ijaw, Urhobo and Itsekiri for no genuine purpose other than to get access for the shore and more important for the same reason Nigerians want them. That is, for their oil resources. BTW, oil has lost its market value.
    Some brothers and sisters want us to distinguish between the agitation of Indigenous People of Biafra and the aspiration of Ndi-Igbo. They are not necessarily one and the same. Each time Nigeria bleeds, IPOB cheers. Their cry is louder in the support of Ijaw than the bereaved and their cheers for Tompolo and the destruction of Niger Delta environment is louder. Yet, you do not see IPOB turning Igboenvironment into wasteland the way Delta has turned into disaster.
    Pipe blowups turning the land and water into waste has been used against Niger Deltans by the oil companies and ethnic groups within and outside the Delta because intentional sabotage and polluted environment has not achieved anything but concessions to a few militias that take the money and invest it outside. Operation Wet-E in the West, Biafra War and Borno massacre are lessons some of us learn from while others repeat the same violence expecting different result.
    While many Igbo feel more Nigerian, loyal and patriotic; extremists on all sides betray the way we feel about the Country. Innocent victims are dying for a few craving power. Some folks claim Igbo want it both waysas soon as they fail to win at the ballot box: hold on to Nigeria and at the same time use agitation as blackmail toget juicy positions. Indeed, almost all the ethnic groups have militias to back them up. No matter what, you do not cut your nose to spite your face.
    Ikwerre are Igbo closest relations, so are the Anioma that claim their relationship to Benin than to their brothers on the other side of the River. The case for Ijaw, Urhobo and Itsekiri is more tenuous. An independent observer, that is someone that is not from any of the ethnic groups may be tempted to ask if the Igbo are not making the same mistake. If they cannot learn from their relationship with other Nigerians,enticingrebellious Biafrans in Biafra will be adisaster.
    It is very difficult to find a “pure” Nigerian especially along the border of each ethnic group. We are so related that many observers wonder how successful this separation would be. Calabarareas of Nigeria around the Ibibio and Efik illustrates this point. As we move north, more ethnic groups are related one way or the other to Igbo, Yoruba or Hausa. The Idoma and Igalaclaim to be independent ethnic groups in their own right. Anything else would be disrespectful.
    Looking at the southernmost part of River State where we have Ijaw and Ikwere dominating, it may be wishful thinking to expect them to give up their independence of self determination for a new country with the Igbo, even when we know Ikwerre are closely related. Yet, this is where the Igbo lost most of their properties after the war. It is such a sore point that many Igbo have moved on for peace sake and the Rivers folks do not want to be reminded. Can this be Biafra?
    One of these are the Edo. They are known to be bigger than present day politics would admit as Edo make up the majority of the old Mid-West. Their role in the old and new days of politics in Nigeria cannot be relegated or diminished because of violent ethnic militia of smaller groups. In terms of relationship to ethnic groups, NnamdiAzikiwe,Igbo, traced his people to Benin just as the people of Anioma. It will take a skillful surgeon to separate twins of Nigeria. Ethnic Map
    The Edo are related to one of the behemoth, Yoruba. Their relationship is now being re-defined. Instead of the Yoruba giving birth to Oba of Edo, the son of Oranmiyan;the novel theory is that Prince Ekaladerhanthe Yoruba has known as Oranmiyan gave birth to the father of Yoruba,Oduduwa. It suffice to say, Edo now claim to be the progenitor of most Southern ethnic groups.
    By the same novel theory, the Ijaw has laid claim to all coastal areas within Edo, Igbo and Yoruba areas. The whole Country is up for grab by the most volatile militias. The reason is that there is hardly any area in the Country that does not have other ethnic groups as minority within. So creationof any statehood will not only have to deal with its minorities but also with their cousins that are in majority in the neighboring states.
    This illustrates how Biafra has to prepare for the new Biafra within it. In spite of the creation of many states in the Country, there is always a cry of marginalization by some ethnic groups that feel they are not being treated equally. Africans generally blame it on the arbitrary delineation by the
    colonial powers but some Africans still hold allegiance to them.
    Views expressed in any articles we published remain entirely the author's and do not reflect the editorial policy of DailyGlobeWatch

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  • The worth of N50 over one hundred million Nigerians

    20/Jan/2016 // 414 Viewers


    By Shina Adegbite

    The APC Government goofed again as yet another obnoxious policy was introduced through the CBN today where the poor are being milked. To an individual whose N1000 is sent to through a bank, N50 will be deducted by the Federal Govt of Nigeria under the wailing most credible President Muhammadu Buhari whose qualification to head Nigeria is a mere NEPA Bill. Is it a crime to have a bank Account where most Nigerians highest balance is less than N10,000. The cost of sending N1,000 to my brother in the outskirt of Ilorin bi-weekly has been;
    Bike to and fro the bank=N100
    Bank Transfer charge or token charge=N105
    Bank SMS alert=N4
    Hmmmmmm, the government which supposed to bury all these costs is now adding addiotional N50 as stamp duty charge when no govt stamp is used in the process. In all, I will have to forgo a whole N259 because I want to send N1,000 to my brother for school pocket money when I am also making the money in piecemeal. Now, most gullible Nigerians will say "after all it is just N50", when this is collected from 100million poeople per day, the govt has made N50billion from suffering and innocent Nigerians for God's sake. TOLL GATE is coming back, ELECTRICITY TARRIF is increasing by Feb, VAT is about to be increased on the poverty-ridden Nigerians and nobody is complaining. Few questions need to be asked APC Supporters and apologists;
    1. When was this policy debated on the floors of our National Assembly?
    2. Where is the revenue element made from this transaction included in the controversial 2016 budget?
    3. Is this what Tinubu and Obasanjo/Amosun planted Fowler of FIRS and Kemi Adeosun Fimance Minister to come and do to us?
    4. Why can't APC arrest and recover the looted money from PDP thieves?
    5. Why will such policy exclude those Nigerians without bank accounts?
    6. Why can't the government tax billionaires N50 from their million transfers?
    7. Why is this clueless government taking from the poor to provide for the rich most of whom have embezzled our money as governors and Senators?
    8. What type of government is this that discourages savings culture? Most banks will soon pack off.
    In view of the above, I congratulate the people of Bayelsa for repelling the tyrants called APC not bcos PDP is better but bcos they refuse to accept a worst alternative. What we are witnessing today is still CHANGE 101, by the time CHANGE 203 and CHANGE 305 are on course, the rate will go to N500 on N1000 deposit. If this party win a second term, though I would have been outside the shore of Nigeria God willing, Nigeria will collapse completely in the hands these change agents.


    Disclaimer: Views expressed in any piece we publish remain entirely the author's and do not reflect the editorial policy of DailyGlobeWatch



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  • Welcome, Sec. Gen. Of Muslim World League

    20/Mar/2016 // 398 Viewers

    By Comrade Musa Okechukwu

    The Muslim Ummah of Nigeria has welcomed the Secretary General of the Muslim World League (MWL), Dr. Abdullah bin Abdulmuhsin Al-Turki, to the country for the purpose of preaching peace, brotherhood and unity amongst followers of the Islamic faith. The MWL scribe came to the country on Monday, 14th March 2016, nearly three years after he visited in 2013. This year's international Islamic conference was held at the Yar'Adua Center, Abuja on Thursday, 17th March 2016.

    While the secretary general has come on invitation and may have to restrict himself to schedule, it is advisable that he picks out time to visit a very important place called Anofia, Afikpo in Ebonyi state where the Islamic Center of Eastern Nigeria is situated. It is yet to be ascertained how and why a sojourn to this great center for the propagation of peace and guidance was not possible during his visit in 2013. Besides, the MWL is the sole sponsor of the center and it has spent heavily for that purpose.

    We wish the secretary general a very pleasant stay and a successful trip, although we are still wondering about the main reason why the Muslim leader led a delegation to visits a number of educational institutions in Kano including the new headquarters of the University of North-West Nigeria, the University of Holy Qur’an as well as a number of the Qur’an Memorization centers flourishing in the city of Kano, but refused to come to the Eastern part of the country to see its own formation.

     We appeal to Dr. Abdullah bin Abdulmuhsin Al-Turki to come to see what progress is made to its efforts in propagating the religion of peace in the heart of Igboland. We earnestly call on this great man of understanding and faith to ensure that the leadership of this citadel is repositioned because it is not well with this formation. The original founder of the Center, Alhaji Ibrahim Nwagui, had laudable aims and objectives. Rabita, in turn, had a very clear and laudable focus in rehabilitating it sometime in 1982. We are appalled that these efforts are being gradually dragged into the dustbin by its managers. This must be stopped by the Muslim World League.

    There have been claims and counter claims about the status of the center and its management. There have been issues regarding funding, a very confusing one being from the current managers of the dearth of funds from the Muslim World League. Resultant from all these, a lot of Muslim leaders are not happy with the manner the center is being managed. Islamic scholars and Muslim leaders of eastern Nigeria have argued that the leadership of the center has derailed. Muslim youths of the host community have cried out for change. Old Students' Association and the Parents Teachers Association of the center are not left behind in the demand for the repositioning of this education and da'wah edifice. They have complained to different national and international Islamic personalities and organizations, including Rabita.

    This led to the constitution of a committee by the leadership of the Supreme Council for Islamic Affairs (NSCIA) under His Eminence, the Sultan of Sokoto to look into the claims. However, the committee is yet to complete its assignment. But critical questions that demand for answers are: Why has the Muslim World League remained adamant in effecting the required change for the efficient management of the center, despite so many written and verifiable petitions to the MWL? And why has the managers of the center remained complacent that no amount of complaint can effect change in center's leadership?

    According to Sheikh Dr. Haroun Ajah, the Islamic Centre is on the threshold of history; namely: mismanagement, misinformation, corruption, diversion of funds to Chad and Togo and negligence. “It is noteworthy that in the nearly fifty-eight years of existence, the Islamic Centre has not improved relationship with the goal of the founders, late Sheikh Ibrahim Nwagi and associates. That is the reasons for the crisis and conflicts in the whole establishment.” He recounted how, while a student in Islamic University of Madina, he met the late and former Secretary General of Rabita, Sheikh Muhammad Ali Harkan through Dr. Umar Falata, Dean of King Abdul-Aziz University College of Education, Madina after meeting Dr. Abdul-Fatah Al-Mansour then Rabita's consultant and adviser at Rabita's refreshers' course at the University of Ibadan, Nigeria. All these meetings culminated to Rabita's acceptance to rehabilitate the Islamic Center, Anofia. “Things started to unfold positively and I was told to rush to Makkah in one of the telephone calls with Dr. Mansour who congratulated and told me that my Center has been approved with an initial takeoff grant of about one million US Dollars for renovations, repairs, clinic, farm settlemen, among others”, he averred.

    He noted in a statement that the mounting protests and revolt are caused by: the attempts to rewrite the history of Islam in Enohia Itim against the legacies of late Sheikh Ibrahim Nwagui the founder of the Islamic Centre of Eastern Nigeria in 1958, failure of the managers of the Islamic Centre to live up to expectations thus neglecting of the Islamic Centre Rescue Group, hijack of the Islamic Centre management, misrepresentation  and misinterpretation of the Muslim World League by Dr. Fadl Khalud and Sheikh Mama Usman and diversion of funds to Chad and Togo respectively, misinformation of the Ummah and the general public with the falsehood that Rabita has stopped budget allocation to the Centre, privatization of the Islamic Centre by Dr. Fadl and Sheikh Mama , misbehaviour and un-Islamic conducts of the Islamic Centre's staff, employment of non-Muslims in the Centre amidst abundant availability of qualified Muslims and youths, examination malpractices with notorious nomenclature of 'miracle centre', neglect of da’ wah responsibilities and conversion of many Muslim faithfuls to Christianity, insensitivity to Muslims plights, especially welfare of the less privileged local Muslims and youths, as well as closed administration and very secretive operations.

    A group called Confederation of Muslim Organizations of Nigeria (CoMON), in a statement called for the review of the Board of Trustees to reflect people who are alive in line with Nigeria indigenalization policy and with membership from all the six geopolitical zones of the Federation. Stating their own position, the Enohia-Itim Muslim Youth, Afikpo (EIMYA) invites Rabita to send an independent delegation to assess the level of development in the Center which they believe that after over 31years of takeover, has no real equivalent achievements. The group named some well-qualified Islamic scholars of eastern Nigeria who can handle the affairs of the Islamic Center, Anofia, including Sheikh Dr. Haroun Ogbonnia Ajah who brought Rabita to the community.

    It will be called that during the African conference which the MWL held in collaboration with the Sokoto State Government in 2013, the conference harped on the fundamentals of peaceful co-existence in Nigeria and attracted many Northern Nigerian Muslim and Christian political leaders, academicians, clerics and social commentators. Veteran journalist, Dr. Bala Muhammad, captured it all in his weekend column of Daily Trust in April 2013. “Peace! – The Message from Sokoto”, was his apt title. He explained that MWL is engaged in propagation of Islam, elucidating Islam's principles and tenets, refuting suspicious and false allegations made against the religion, added to helping Muslims solve problems facing them anywhere in the world, and carrying out their projects in the sphere of da'wah, education and culture.

    Further, the League is a well-known international organization that employs all possible means not at variance with the Islamic law to advance its aims; rejecting all acts of violence and promoting dialogue with the people of other cultures. Among prominent Muslim scholars who also spoke were Professor Shehu Galadanci, Sheikh Ahmed Lemu, Sheikh Ishaq Rabi’u and Dr. Aminuddin Abubakar. The conference communiqué mainly dwelt on how to secure and promote peace and peaceful coexistence in Nigeria

    Peace and harmony are urgently required in Islamic Center, Anofia. With this visit of the secretary general which is timely, we pray to Allah to use him is solving the great problem facing the Islamic Center, Anofia by appointing effective, efficient, committed, honest and above all a God-fearing leadership for the only Rabita's center in eastern Nigeria which Rabita should be proud of. Things have gone bad and there is no need of covering the truth. How long will the truth be hidden from the people and from Rabita? Muslim scholars and missioners abound in the eastern Nigeria. Enough of the cat and dog game with Islamic Center Anofia, if it was really rehabilitated by Rabita for the purpose of propagating Islam, nay peace and harmony, in the eastern region.


    Disclaimer: Views expressed in any pice we publish remain entirely the author's and do not reflect the editorial policy of DailyGlobeWatch


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  • So, yes, let's probe Jonathan!

    20/Mar/2016 // 314 Viewers

    By Obi Nwakanma

    Nigerians elected President Muhammadu Buhari on his promise to lead the charge to eliminate corruption in public life, and move to bring those who “looted” the national treasury to book. This is a herculean obligation for which the current administration must be supported and given both cooperation and the benefit ofNigerians elected President Muhammadu Buhari on his promise to lead the charge to eliminate corruption in public life, and move to bring those who “looted” the national treasury to book. This is a herculean obligation for which the current administration must be supported and given both cooperation and the benefit of doubt by the public. I am a supporter of this particular goal of the administration, and I have no doubts at all that a majority of Nigerians want the books opened and proper sanction meted on those who may be found culpable.

    There is only one condition: that the process be within the bounds of the rule of law. Otherwise it will be seen as a witch hunt. Recent chatter in fact indicate that the current administration is exploring moves to investigate or probe the last president, Dr. Goodluck Jonathan. And I say, why not? Probe him! Anyone who holds public office must be prepared to submit to scrutiny, and to account for their deeds in service to the nation. There is nothing wrong in investigating a former president, and if there is material evidence found that the former president engaged in illegal activity, and misused his powers as president, he must be made to appear before the law courts and the heavens should not fall. There are two grounds on which to probe the former president: one is, to closely examine and ascertain any possible involvement in corrupt enrichment through the authorization of contracts to interests connected directly or by proxy to him; the nature of those contracts and the level of due diligence done in authorizing the power to execute, and any possibility of backhandedness in the form of baksheesh or kickback paid either directly to him or his proxies in furtherance of his personal interests while serving as president.

    What does the ex-president own, and how did he acquire these within the period he served as president; and how does his personal worth tally with his declared interests and worth submitted on the assumption of office to the Code of Conduct Bureau? The second area for which the president should be investigated is certainly in the handling of the national accounts as determined by the laws of the federation, and within the bounds of federalism. Did the ex-president break the laws? And if he did, did he hide any material evidence from the National Assembly, which made it impossible for the Assembly to provide as a result, institutional oversight that should have reined-in the president? If he did not hide evidence from the National Assembly, and the National Assembly did not act, to forestall any illegalities on behalf of the nation, what agency of government failed to prevent the execution of any possible illegality by the president?

    The probe and trial of Goodluck Jonathan would be good for Nigeria in a number of ways: it will test the very principle of immunity under whose coverage a lot of people have committed atrocities in the name of the nation. A central question that has often exercised the minds of Nigerians is whether anyone who has served as president can be brought, at the end of tenure, to answer to charges for conduct in office covered under the immunity clause. For instance, President Buhari himself refused to appear before the late Justice Chukwudifu Oputa, when he was summoned, during the sitting of the Human Rights Violation and Investigations Commission, also known as the Truth Commission. They did not arrest Buhari for his contempt of the judge.

    There were questions about whether the immunity granted to his person while in office extends to that process, and whether indeed he could be questioned and countermanded for acts carried out in his official capacity as president, with very wide immunity powers.

    Former president Jonathan will certainly contemplate his own response, particularly within the questions of the immunity granted his person, in the disclosure of certain routine decisions covered by his immunity and the officials secrets Act.

    It might require the courts to suspend those rights, and it might be a great day for ordinary Nigerians, who have argued for limited immunity for the office of the president rather than the kind of sweeping immunity which presidents currently enjoy. Probing Jonathan will certainly be a great first step, trying him for misconduct will be a great step forward, were the government’s investigation to find serious evidence linking the former president to personal corruption.

    Across the pond, Brazil is going through the same question. Nigeria and Brazil have very many things in common. Aside from being the second largest nation after Nigeria, with the largest population of black people in the world, Brazil has also suffered through many military coups and democratic transitions. The crash in global oil price has also hobbled Brazil’s economy, and there is wide discontent among the public.  Current president, Ms. Dilma Rouseff, is facing impeachment for manipulating budget figures to boost accounts of public spending to aid her re-election in 2014. Sounds familiar? Well, yes, it is called “budget padding” and the Brazilians are not joking. But more relevantly, her predecessor, Brazil’s former President, the charismatic, populist, Luis Inacio Lula Da Silva is facing a federal probe over questions of money laundering and alleged kickback received following the Petrobras scandal.

    Petrobras is Nigeria’s equivalent of the NNPC. It too is mired in its own scandals. But the proportion of that scandal, compared with what has gone on with Nigeria’s NNPC will be considered rather mild. Yet former President Lula is being investigated for his role in the scandal while in office; brought to the police station in Sao Paolo and questioned vigorously by state prosecutors. It doesn’t matter that he was a former president.

    It doesn’t matter that his party is in power, and that the current President wants to protect him. The process is independent, scrupulous, and outside of the power of the president to contain, intervene, or even initiate. And why is “a whole former President Lula” being investigated by “ordinary Public prosecutors”? Because he is suspected to have received bribes with which he bought a beachfront apartment in the city of Guraja. And Nigerians will ask, “just a beachfront apartment?” Well, yes, just a beachfront apartment. The beauty, and the particular difference between societies that wish to survive, and in which the citizens are respected by their public servants, and who respect themselves is that no one is above the law. There is neither Kabiyesi nor peasant in these matters.

    A government prosecutor does his work, secure in his rights and tenure to do so; knowing also that any misuse of his office for personal and vindictive pursuits, will also earn him serious sanctions. The permission to probe does not come from the president. It comes from the constitution, and that is the difference with Nigeria. Nigerian presidents are given the power of gods.It must be a transparent process. It must also go further than Jonathan. We must investigate Obasanjo, Abdulsalam, Babangida, and even Buhari himself.

    The scandalous miasma in the NNPC did not begin with Jonathan. Nigerian investigators must be granted the power to examine all books back to 1975, at least, and bring all to probe, and before justice. It is a good thing to probe and try Jonathan. It should open the floodgate, and permit the recovery of Nigeria’s looted patrimony. The revelations of the goings on in the Jonathan administration is shocking and horrendous. But I wager, that there is worse, and we need to bring it all to light. So, yes, let us probe Jonathan.


    Disclaimer: Views expressed in any piece we publish remain entirely the author's and do not reflect the editorial policy of DailyGlobeWatch

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