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My Binoculars: Of partisan politicians, defection, lack of consultations and the pending rebellion of young people against the present unproductive political order

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My Binoculars: Of partisan politicians, defection, lack of consultations and the pending rebellion of young people against the present unproductive political order

My Binoculars: Of partisan politicians, defection, lack of consultations and the pending rebellion of young people against the present unproductive political order

By: Bodunrin Kayode

Since 1993 when billionaire Moshood Abiola set the pace from the private sector by throwing his hat into the ring for the presidential election, he used his charisma to lure a lot of young people into partisan politics. Abiola ignited a mini revolution by going into some higher institutions in Nigeria and donating to several causes that would better the lot of the entire community. Many of them who were students in those days have graduated and some are still struggling to make ends meet till this day. He achieved similar feats outside the shores of this country which earned him the title of pillar of sports in Africa. His constituency was mostly young people and he never wasted opportunities to help them become better citizens. Almost 20 years after his demise, the opposite is the case, the present leaders keep recycling themselves. They don’t care about the young in spite of the so-called not too young to run bill which has been passed. In Nigeria today, the population of young people keep increasing and most of them have been edged out of the political system. And you know what that means, they will be bouncing back with violence if not well handled before the next general election.

If over 70 percent of the population of Nigeria is made up of some of these young people, who saw the winner of the June 12, 1993 election move around and received the kind of acceptance he got in company of his vice Presidential candidate Babagana Kingibe, then all those politicians in the older bracket of the age ladder should be terribly scared about the current enlightenment around the young people of today. I am talking about those in their 60’s, 70’s and 80’s who form less than 6 percent of the population of Nigeria. These young people have been frustrated over the misbehaving political class and have vowed to take back the country from these political casanovas. People who defect from one party to another without principles. I mean the foundational principles laid down for them by Aminu Waziri, Solomon Lar, Obafemi Awolowo, Zik of African and many others who lived up to the early eighties. These people gave hope to their followers. And even when such hope is diminished, like when Awo lost to Shehu Shagari, the principles of being progressives guided them on.

Why politicians defect from one party to the other

Politicians who defect from one party to the other do so mostly for their personal interest and not for the people they claim to serve. That is why some of them who have contested for the same position several times unfortunately do so to oil the engine of me, my wife and children. And not for the generality of their people. Very few political stalwarts can actually claim to be innocent of this awkward behavior including the progressives. After defecting some of them are promised of sure victory because they are sure of using the young people to rig them into office. They believe that the winner takes it all mentality is a good thing and the shortest route to join the upper class. So let’s rig and win. This is so since there is no guarantee of such long term riches again in the middle class which is almost wiped out in Nigeria.

One senator acquires so many cars and houses yet the condition of his people does not improve in anyway. These young people are mostly used as his thugs and they see all these forms of ostentatious life oiled by stolen cash. Stolen mostly from the porous system created to favor a particular section of the country. They award contract to themselves in the name of settlement and patronage for those who work for them to be rigged into office. And they share the butty with the civil servants who are willing tools in the hands of these political plunderers.

Sadly some defect when they are deprived of stomach infrastructure or a chance to get to a particular office. And when they ultimately move to the new party they will contest several times until they are in position of power which is the ultimate aim. Some even see partisan politics as a profession that should feed them instead of a call to service. And that is what most Nigerians who flock around them know as feathering their nest by acquiring so much to keep them going during the rainy day. The sad reality of what is going on in Nigeria is that ignorance is perpetually used as a weapon to keep the followers from knowing the truth. And when that is done, they begin to hope that the next President will be better. If he is not better, their hopes begin to deem till it gets to a point of no return. The cult like figure that some of these politicians have will surely disappear if by the end of the 2023 election, the young people do not see hope at the end of the tunnel. The billions that some of them have will no longer work as a bait and these political stalwarts will no longer be safe. Some may be going back to their mansion in London to hide. This time not for politics but to stay underground. Of a truth some of them had billions made from businesses before coming to look for the power like Chief Moshood Abiola, who was a philanthropist and longed for power, while others came to power purely out of greed before looking for the cash using the very civil servants they met in the system. 

Bad influence of the politicians on the civil servants

Once upon a time, it was mostly the political holders that used to end up being stupendously rich before the present sick form of corruption in government which has become the norm disturbingly at the Federal level in spite of anti graft agencies breathing down their heads. Now it is the civil servants that are eying the billions. At present, the civil servants no longer want to teach the political elites how to steal while they go home with a paltry gratuity after 35 years. They too now steal with impunity as we have seen from the statistics churned out by the Economic and Finance Crime Commision (EFCC).

Indeed, some of the reasons why Africa has so much backwardness is because most of the people who clamoured to get into political offices are equally backward and possibly unemployable. So the only option is to steal through getting into the system or come in through the backdoor as a credible contractor, collect juicy contracts and steal most of it after the accountant general has been given his share. Some of them claim to have gone to school but gone are the days when the sound of their certificates draws one to attention. This is because most of them bought their teachers and acquired the certificates at all costs which is why when some of them stand up to speak for their people in the National Assembly watchers of the polity  wonder how this one got there.

Also Read: Italy-bound physically challenged man arrested with drugs…

When they get out of school, their mindset is channelled on how to get a white coloured job where they can be able to steal as much as they cannot spend in their life time. That explains why a man will climb the ladder of the ministry of finance only to get to the level of Accountant General of the federation and steal as much as N200 billion in the period of his appointment. The man who replaced him is suddenly replaced after being fingered as having soiled fingers by the financial intelligence agencies. And sadly these are the people that teach politicians how to steal. It is this stealing with impunity that these young people have been seeing that has built up these pent up anger. That is why the general election of 2023 will be a strange one because so many unthinkable surprises will emerge.

Strange reasons some Nigerian politicians are desperate to hold on to power

Most Nigerians want to get into politics because it’s the easiest way to get rich quickly and establish members of their families. The Nigerian polity is so distablized because you have people with no principles jumping from one party to the other wanting to situate themselves where it is happening so that they will participate in the sharing of the Commonwealth of the masses, making them worse than they met them. They rely on the politics of patronage and settlement to achieve their goals. That is why the nation has never had good governance since President Shehu Shagari left office. It’s either we have a military despot who was killing everyone to civilian leaders who ran the country based on trial and error. We have not had a Commander in Chief who has been able to handle security effectively for instance in the last 20 years. These are the worries of the young people.

What you have now are recycled and sick leaders who lack ideas but are holding tightly to parties to help them get into power. None of them can in their individual merit run as independent candidates and even win in their council areas. That is why they don’t be want the independent candidacy clause to be inserted into the reviewed constitution and passed in the National Assembly. 

 If not why would there be so much desperation in the realm of politicking to become President of Nigeria? Why would someone be so condescending to insist that it is his turn now? Even if we were in a federation of turn by turn inserted in the constitution, is it really his turn? How will these young people feel seeing someone desperately insisting that it is his turn? What about those in the south east don’t they have a right to say it’s their turn too?

Sadly, these are some of the questions these young and angry members of the public use to pose to us whenever we come across them. As a journalist, I am trained to ask the questions and not to pretend to understand the minds of all politicians including the diabolical ones who steal and are dragged to court by EFCC. Of course the innocent ones will escape even without a good lawyer but what marvels me is that some guilty ones still find time to go back and re-contest for offices. Such politicians hardly have shame. No need to name anybody here but they know themselves. Why is it that some of them who have actionable cases with the EFCC are not ashamed to contest? Known drug dealers and sniffers are in public offices with heads raised high up. Some of them contest elections and the same young people who take their drugs kill and steal ballot boxes on their behalf. Win or loose, they are allowed to walk around and pollute every one. Why should anyone vote for you when you disrespect and look down on the people by telling us that it’s your turn? Or you have contested 5times and you think you are the only one qualified to contest again. Why should I piety any sick one just because he has thrown his hat into the ring? Who says our tribe is not qualified to have the presidency? How about our religious group,  are we so useless that no one is qualified to represent us? Why is it that there is no ideology in the parties? All of them lean towards a common front?   The stomach ideology which is common to all the strong parties. 

The bottom line for a national front for the country is for a third force to come as canvarsed for by Chief Olusegun Obasanjo recently. A third force based on justice fairness and balance.

My Binoculars: Of partisan politicians, defection, lack of consultations and the pending rebellion of young people against the present unproductive political order

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Companies: Season of Dividends Declaration and Payments for Her Shareholders Worth Billions of Naira

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Companies: Season of Dividends Declaration and Payments for Her Shareholders Worth Billions of Naira

By: Balami Lazarus

This piece made me recall my attempt to write the Chartered Institute of Stockbrokers (CIS) examinations years ago that I cannot remember now. I deliberately failed to continue with no reasons to give or shift blame as an escape route, which humans many do to console themselves of their failures. I (the writer) have learned never to do that.

However, no knowledge or experience is a waste for a wiseman. Hence, this work is derived from the knowledge gotten from the handouts and books I read on capital, equity, and/or stock market investments, where patience is the guiding principle as an investor taking into consideration this formula: Money > Units (Stocks) × Time + Patience = capital appreciations/dividends.

Many Nigerians are unaware of this equity/capital market. And if they do, they lack knowledge on what to do and how to invest in this market (kasuwan hanun jari).

It will shock you to know that there are so many share certificates in the hands of the citizens, amounting to thousands of units of shares worth billions of naira put together, laying fallow, not knowing what to do with them.

For I have seen many and assisted friends and relatives on what to do. Thanks for the digitalization of the market; it has made things much easier for investors and traders, including dividend payments currently taking place.

And surprisingly, there is over $190 billion in unclaimed dividends in the coffers of the federal government under the watch of the Securities and Exchange Commission (SEC), which is the regulatory body.

This large amount of money came as a result of some shareholders not knowing how to claim their dividends. While others may be due to the attitudes of procrastination.

The Nigerian Stock Exchange (NSE), now officially Nigerian Exchange Group Plc, which is run as a public liability company guided by the Companies and Allied Matters Act (CAMA), with its nomenclature as (NGX), also has her stocks traded on the exchange floor at Lagos.

I will not say much on the NGX. But be informed it is the trading floor of public companies’ stocks listed with the exchange where traders and investors can buy and sell their stocks or simply shares from Mondays to Fridays (5 times) in a week from 9am to 2pm daily.

Every year most companies hold their Annual General Meeting (AGM), informing their shareholders of the progress of their companies and whether or not to declare dividends to their shareholders depending on the strength of profits after tax (PAT) to those whose names appear on the list of the company registrars before the date of declaration.

The season of dividend declarations is most times done in April through June of each year. However, companies’ dividends vary in the sum of money paid to their shareholders depending on their units’ holdings in each company as part owners.

Dividends have added monetary value to shareholders and, by extension, improved the capacity of small- and medium-scale businesses in the economy because of the large amounts of money that have been paid into their various accounts either as individuals or as business enterprises.

Investors and capital market watchers are one group in society that is better informed on this segment of the Nigerian economy. And the investing group of citizens are making millions upon millions of naira from their investments in the market.

Take Guaranty Trust Company (GTCO) Plc, owners of Guaranty Trust Bank, as an example. Having declared a dividend of 11.67kobo per share for her shareholders. And assuming you, the reader, have a shareholding of only 1 million units. #11.67k x 1m = to #11,670,000 less 10% withholding tax (WHT), you will be credited with #10,503,000 your dividend as return on investment (RoI) on 28th April 2026 payment date.

What a profitable investment/dividend payment season.

Balami, Publisher/Columnist. 08036779290

Companies: Season of Dividends Declaration and Payments for Her Shareholders Worth Billions of Naira

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Jos: Living in Conflicts and Crisis for a Quarter of a Century: Where Peace Became Paranormal Stranger (2)

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Jos: Living in Conflicts and Crisis for a Quarter of a Century: Where Peace Became Paranormal Stranger (2)

By: Balami Lazarus

How do we find lasting solutions to the conflicts and crises in Jos? How do we go about the general insecurity facing the nation? While the utterances of some highly placed Nigerians like Godswill Akpabio, Nuhu Ribadu, Sheik Gumi, and others are fuelling this aged monster called

insecurity and its perpetrators that is burning us to the third degree.

I have radical lasting solutions to the conflicts and crises in Jos. And the general insecurity we allowed ourselves to be webbed in it.

The lingering civil unrest in Jos has fast-forwarded the insecurity in the city. It has also intensified killings, kidnapping, banditry, and terrorism in guerrilla-style attacks, as in the case of Ungwan Rukuba, 29th March, 2026.

Reportedly, there are lots of guns in the hands of many citizens of Plateau State unlicenced. In fact, Nigerians are now leveraging the provisions of the law for self-defense.

But how far and to what extent can we defend ourselves against these bandits or terrorists that are armed with sophisticated firearms? While in Jos, they (terrorists/bandits) are taking advantage of our disunity to launch mayhem on us living in the city.

The recent attacks by unknown gunmen in the city center (Ungwan Rukuba) show the extent of how we have failed in our unity. And that allegedly no arrest has been made. Rather innocent youths of the said area were arrested and are now treated as suspects of the gruesome killings.

Now let me begin to reel out my radical solutions on these issues that have eaten deep into our bone marrows.

Indeed, the need for well-equipped and armed standing state and local government police is a necessity for state security and protection of lives and property of the citizens that will in turn propel

and enhanced our national security, because this issue has engulfed the country.

The conflicts and crises in Jos have always been generated from within by some individuals or groups of persons who lack peaceful coexistence in their DNA.

The immediate thing to do is for each and every ward to organize, train, and arm their vigilante groups with assault rifles. An example of one such group is the Civilian Joint Task Force (CJTF) of Maiduguri in Borno state. This vigilante group is doing well in protecting the city. I commend them.

I hereby believe the application of the method aforementioned will bring back peace as a permanent resident in Jos but not as an itinerant. Because it is only in the Jos Plateau that peace is always travelling, and you hear us saying, “Peace has returned.”

The government and the people are now paying dearly for the consequences of the inactions and deliberate refusal of the recent past and present administrations—federal and state—to take decisive actions to bring an end to these compounded insecurities destroying the polity.

I am one individual who holds strong beliefs and believes in radical ways of finding solutions to problematic issues.

Using Plateau State as an example, where incessant killings are a permanent feature. Therefore, Nigerians should begin to agitate for the breakup of the country through peaceful means like a referendum or restructuring of our systems for a better Nigeria, on the one hand. It is now the right time for regions or groups to begin the process of secession as radical change for the good of the balkanization of the country, on the other.

Whereas if and when two can no longer live together in an agreed-upon and peaceful atmosphere, having exhausted reasonable avenues. What will be the next action?

And here we are. What are we going to do? Tell me sincerely and truthfully.

Balami, Publisher/Columnist 08036779290

Jos: Living in Conflicts and Crisis for a Quarter of a Century: Where Peace Became Paranormal Stranger (2)

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Jos: Living in Conflicts and Crisis for a Quarter of a Century; Where Peace Became a Paranormal Stranger (1)

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Jos: Living in Conflicts and Crisis for a Quarter of a Century; Where Peace Became a Paranormal Stranger (1)

By: Balami Lazarus

Imagine a child born in Jos 25 years ago is today an adult by all standards, probably married with a child. And certainly the young man has passed through tense moments, conflicts, and crises that came with hatred, destruction, and killings among the citizens of the state where the lives of the young and the old were not spared.

Looking back with nostalgia when my peers and I were young secondary students in Plato College Sharam, peace was a permanent resident, residing in quietness and recollection when Jos was a melting point of coexistence among the inhabitants in both public and social life. What happened to the question tag?

The Jos conflicts/crisis has suffocated the metropolitan environment over time and space, pollinated by suspicion of ethno-religious and extremist teachings of ideologies in cells carried out by some elements that have created hatred and fear among the people.

Of late, this crisis has turned into terrorist and bandit attacks, claiming more lives than before. And for some residents, including this writer, it is no longer strange nor an item of public discussion in the affairs of some citizens. Because it has been with the people as a paranormal mystery for a quarter of a century (25 years).

However, the loss of lives is the most disturbing central theme in this crisis and/or attacks. Political and economic progress are stagnated; businesses are backstage affairs conducted with fear in a helter-skelter fashion in exchange for goods and services.

The hatchlings of these bloody conflicts and crises have manifested in no-go areas with devastating effects on the intra-micro commercial/corporate business transactions. Rebellion subjects, enemies of peace, have long polarized the city of Jos into ethno-religious and political divides.

The year 2001 was the beginning of Jos’s crisis that has become cyclical these several seasons within the Jos and Bukuru metropolises.

The attitudes of the affected and concerned citizens have illuminated the depths of their feelings, revealing a kaleidoscope of doubts as Nigerians. The Ungwan Rukuba killing spree and the decades of unrest in Jos have raised motions for the identity and reconstruction of the Nigerian state.

To be continued.

Balami, Publisher/Columnist. 08036779290

Jos: Living in Conflicts and Crisis for a Quarter of a Century; Where Peace Became a Paranormal Stranger (1)

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