Columns
The Craze for Easy Money in Nigeria and The Hanifa Story By Prof. M K Othman
The Craze for Easy Money in Nigeria and The Hanifa Story, By Prof. M K Othman
It was like a tale, told by a joker to spice an enjoyable gist but turned out to be unspoken truth. This is a story of a rural community located in an accident-prone busy highway, which links two capital cities of prominent states in Nigeria.
The accident-prone spot is nicknamed “Kwanar Mutuwa” because of the high frequency of road mishaps with astronomical fatalities and injuries. When such accidents occur, residents of the community rush to the spot under the pretense of aiding and rescuing the victims but end up stealing the properties (cash, phones, etc) of the victims.
In this very community, a resident could borrow money with a promise of repayment after robbing the next accident victim. Unfortunately, this dastardly act is fast becoming a norm in most accident scenes when victims who cry for help are being robbed.
These criminally-minded elements of society have gone to the extent of setting traps to punch/burst the tires of motorists on the highway to rob them when such motorists unsuspectingly stopped to find what is amiss.
This practice is common on almost every major highway in Nigeria. One of the most potent pieces of advice to drivers of today is “do not stop on a highway, no matter what happens with your vehicle until you reach a destination safe enough to stop”. All these things are done to make “easy money” or “get rich quick” without working for it. How did society reach this lowest ebb decadence?
Over ten years ago, kidnapping in Nigeria was just a story in the “action” movie and a few isolated cases in the Niger Delta. When President Umaru Musa Yaradua, granted amnesty to the restive youth of the Niger Delta, we all went to sleep, thinking that kidnapping and similar violent crimes would become part of our ugly history.
However, as the amnesty was being granted with all the lucrative packages, the seed of Boko Haram in the North East germinated. We did not take it seriously, we thought BH could just be crushed as we did to a similar organization called “Maitatsine” in Kano in the early 1980s.
Then, cattle rustling emerged in 2014 or so as one of the violent crimes, we were so lackadaisically unconcerned and did almost nothing to stop it. Some thought aloud, how could a bulky body frame animal, called cow be stolen in multiples of 40 to 100 and moved from one location to another without a trace?
How could they be sold in an open market without being uncovered by our intelligence system? Some felt, it was a Fulani affair, and they should be left to sort themselves out? In that early stage, I was moved to tears when I paid a sympathy visit to the father of my friend whose 43 cows were rustled.
Then, the guard of the cows, a Fulani man with his family, vehemently protested and opposed the rustlers who became frustrated and vicious, after overpowering the elderly guard, he was asked to say his last prayers as they were to instantly execute him before his wives and children. The execution was precisely what they did, left with cows and it was the last thing without a trace. Seeing the sadness, sorrow, and melancholy on the faces of those orphans and widows, I couldn’t resist shading drops.
Today, cattle rustling has transposed into full swing kidnapping and kidnapping of victims on transit has been incubated to poaching people from their residence. Time and places are no longer barriers for kidnapping as the incidence can happen anytime and anywhere with impunity without qualms.
No place or time is safe; one has to be prayerful at all times. Kidnapping is an organized, sophisticated, and all-inclusive crime, which includes cash exchange between the victims’ families and the kidnappers. Can’t it be nipped in the bud? Is it a failure of the intelligence system or operating system or both? Corruption and craze for easy money are the motivational factors nourishing and flourishing this crime. Some people lost their lives and many others sold out their capital assets to regain their freedom.
It is under this circumstance, the Hanifa episode hit the central nerve of society. There were spontaneous outcries from all angles as the Hanifa with her pretty innocent face, was not only heart-rending but could touch even the stonehearted people in the society.
Hanifa was a 5-year old pupil of Nobel Kids School, Dakata quarters, Kano state. She was chillingly murdered in cold blood and her body was shredded to pieces and buried in a shallow grave. The callous murder, cutting to pieces, and burial of the body parts were all perpetrated by the proprietor of Hanifa’s primary school.
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The main motivator of this dastardly act of murder of an innocent child was to make easy money. We were all shocked, as no one could believe that this kind of atrocity actually took place in Nigeria. A school proprietor entrusted with 100s of children for imparting knowledge, good upbringing, and modeling for a brighter future; became a callous, cold-blooded murderer of one of the children under his care.
What a calamitous tragedy!
Hanifa’s case is not a common one but it is also not an isolated case as there are few other Hanifas murdered by their supposed protectors such as guardians and trusted neighbors.
In the last five months, bad news children killed in schools or kidnapped and killed have been devastating. The story of Sylvester Oromoni from Dowen School Lagos is similar to that of Hanifa. A petition from Oromoni’s family with 65 signatures reads “On Tuesday 30/11/2021, we lost our brother, 12 years old Sylvester Oromoni Jnr.
He was taken from us in the most gruesome of manner beaten by five senior boys in his hostel in Dowen College, Lekki, Lagos state. The students are from influential families and the school is trying to bury the case”. Another case was that of Asma’u Shuaibu Wa’alamu, an 8-year-old girl, allegedly abducted and killed by neighbor of the family in Zaria, Kaduna State, despite payment of N3m as ransom. Why are we crazy for easy money? Does money solve our problems or bring happiness to our lives? To be concluded next week
Columns
Dadong: A Balanced Voice From Ungwan Rukuba
Dadong: A Balanced Voice From Ungwan Rukuba
By: Balami Lazarus
What does it take to be a public mouthpiece? That was the question I asked Comrade Dadong Solomon Antibas. My chats with him were a balanced interface. The answers can be found in the write-up for your review.
Democracy like ours has brought to the limelight public mouthpiece voices; some are weak and political, while others are strong, progressive, constructive, and fearless, demanding progress, growth, and development as dividends of good governance in a peaceful atmosphere.
Governments created by democratic processes are never left alone without citizens asking questions and demanding dividends of democracy for their community and the country at large.
Comrade Dadong Solomon Antibas is a Nigerian, law-abiding citizen. Antibas, a security expert and popular public mouthpiece on the Jos Plateau, has earned the confidence of the people of his community, Ungwan Rukuba, and most parts of the state over the years. For his community, he is their immediate mouthpiece who has been speaking on their plights, calling the attention of the government under the leadership of Governor Caleb Manasseh Mutfwang to do the needful.
Personality like Solomon Antibas’ public impression of him by some citizens of the state is all about seeking relevance and political appointments. “I have no interest whatsoever in any political appointment. My sincere concern for my dear country and my state, Plateau, is peace, progress, growth, and development for future generations.”
Nigerians should begin to speak out on good governance at all levels. Citizens are also responsible for failing to hold them accountable and demand good governance in terms of security, social amenities, and infrastructure.
Ungwan Rukuba is one of the wards in the Jos North Local Government Area. It is an integral part of the city center. Unfortunately, the peaceful Ungwan Rukuba became a flashpoint. The terrorist attack of March 29th, 2026, has put a scar of insecurity on the area.
On insecurity, he said that Mr. President Ahmed Bola Tinubu has failed Nigerians woefully. “Insecurity is a bone of contention. The federal government must take decisive measures on the insecurity challenges bedeviling the nation.”
My findings on Comrade Dadong Antibas revealed that he is not a public affairs commentator or an analyst but a progressive and active public mouthpiece, a voice of the voiceless.
For some, Dadong is attacking the government under the leadership of Governor Mutfwang. ” Is speaking the minds of citizens on bad governance and holding the government of Governor Caleb Manasseh Mutfwang a crime”?
Despite threats on Solomon Dadong, they have not deterred him from speaking for and on behalf of other citizens living in the state. “I have no other way to hold the government accountable than to publicly speak and constructively criticize the leadership’s voicing out feelings and lots of the people…In democracy, governments are made by the people, and as such, they must provide for the collective needs of the masses who voted them in.”
Comrade Antibas is one among the few indigenous people of Plateau who are outspoken and speak with passion and a patriotic mind for his state and Nigeria. “I will live and die in Nigeria speaking, advocating, demanding, and/or holding both federal and state governments accountable for good governance.”
Balami, Publisher/Columnist, 08036779290
Dadong: A Balanced Voice From Ungwan Rukuba
Columns
Facts for Understanding Capital Market Investment
Facts for Understanding Capital Market Investment
By: Balami Lazarus
I grew up in an academic environment where the language is the same: study well, have good grades and be what you desire to be in the future through academic discipline and training.
Many of my contemporaries and I were not spoken to in the language of trade and commerce. But here are some of us as businessmen, entrepreneurs, investors and in other business enterprises far from the academic language we were bred with.
There has never been a market like the capital market the world over where trade per day runs into billions of cash. While market capitalisation is in trillions. The case of the Nigerian Stock Exchange (NSE), now Nigerian Exchange Group, with its trade symbol (NGX) on the floor, is a good example.
Investing in the capital market is profitable for traders and short- and long-term investors. But understanding the market requires some basic facts, which are cash, knowledge, discipline and patience, important for investors to appreciate the market.
Recently a member of my social group came to me to seek my advice on what it takes to invest in the equity market (stock exchange). I was very candid with the fellow, informing him that he needs cash, knowledge, discipline and patience to invest in the capital market after having defined his position as an investor.
First an investor needs cash in his possession set aside to invest in the capital market, the gateway into the market. You can have the other three, but without cash you are not yet an investor.
Lack of knowledge about a business or investments has made so many persons lose money worth millions.
This is typical with good number of Nigerians who attempted to start a business or invest in some going concerns without basic knowledge and understanding of the intricacies of these investments or businesses.
The information and technology age has
made acquiring knowledge very simple; therefore, understanding the stock market is easy these days.
Basically, the capital market depends on and responds to information, government policies, and economic and political happenings/events within and without, which most often determines the graphic movements of the primary market deals on the floor. ‘Bullish’ or ‘bearish’ simply means the plus or minus of the day’s transactions.
The need for monitoring of the market is important for traders and short-term investors. However, with knowledge and careful monitoring of the market, it is a suitable place for short-term gains for investors with multiple numbers of holdings in blue-chip companies like Dangote Cement, Bau Foods, Nestle, Aradel, Okumu Oil Palm, Zenith Bank, Guaranty Trust Bank and others. But for long-term investors, whether the market is bullish or bearish, his investment portfolio is for future use.
Investments like those of the capital market, discipline and being committed are necessary to build a strong, high-quality, profitable portfolio of a large number of holdings of units spread over listed companies of the stock exchange that come with capital appreciation and dividends. This is important, especially for long-term investors.
And the turn key in this type of investment is patience. Generally investments need patience for them to mature for harvest.
In stock market investment, patience plays a vital role in this business. Therefore, for an investor who lacks patience, the capital market is not a tuft for him and shall never be.
To navigate through this market, investors must at all times apply this formula and have it printed on their hearts. Cash = stock units over time + patience = capital apreciation/dividends.
Today there are changes in the exchange which have improved trading. The time of trade has been extended to transactions and payments (T+1). Other electronic applications to aid and encourage investors in the capital market in an attempt to boost the Nigerian economy.
Balami, Publisher/ Columnist 08036779290
Facts for Understanding Capital Market Investment
Columns
The ‘Hyenas’ and The Fear of Radical Changes
The ‘Hyenas’ and The Fear of Radical Changes
By: Balami Lazarus
Nigeria’s persistent security challenges, governance shortcomings, and societal stagnation were discoursed in a recent controversial work titled “Radical Approach: Ways of Ending the Menace of Insecurity in Nigeria,” which has sparked vehement reactions. These responses, saturated with insults and threats, underscore not only the resistance to transformative ideas but also reveal deeper cultural and psychological barriers inhibiting national progress.
Hyenas occupy a complex place symbolically and ecologically. Known for their powerful jaws capable of crushing bone and their fearsome appearance, hyenas possess attributes of strength and resilience. Ironically, the very qualities that should have crowned them kings of the jungle remain unrealized due to internal flaws—excessive fear and greed. This metaphor resonates profoundly with the Nigerian socio-political landscape. Many citizens and leaders embody these counterproductive traits, which sabotage collective progress. The ‘hyenas’ here are those resistant individuals who react aggressively to change, fearful of losing entrenched privileges or comfortable mediocrity.
Despite their natural capacities, hyenas do not kill their prey outright but feed until the victim is entirely consumed, a parallel to how corruption, insecurity, and dysfunctional governance gradually erode Nigeria’s potential. Nevertheless, because of this fear and greed, the true power of the hyenas remains dormant. Similarly, Nigerians possess enormous potential—humans and resources alike—but systemic fear of radical transformation prevents the nation from ascending to greatness.
Resistance to radical change is hardly unique to Nigeria; however, the scale and intensity of opposition here are particularly pronounced. The author of the initial work rightly posits that fundamental restructuring or amicable separation (balkanization) may be necessary to ensure peaceful coexistence among Nigeria’s diverse ethnic and regional groups. While this proposition unsettles many, it is grounded in historical precedents where developing nations embraced bold reforms, coupled with decisive policies and enforcement mechanisms, to dismantle corruption and oppression effectively.
For example, South Korea’s transformative journey from a war-ravaged country to a technological powerhouse was marked by radical government-led reforms, strict anti-corruption measures, and an unyielding commitment to national goals. Similarly, post-apartheid South Africa undertook sweeping constitutional and institutional reforms to redress systemic inequalities. These examples suggest that change without fear, and with a clear vision, is achievable. In Nigeria’s case, however, political leaders often prioritize personal gain over national interest, shielding corrupt practices from scrutiny and accountability—a scenario that foreign nationals sometimes benefit from more than average Nigerians.
Hence, it is not just a question of reform but an urgent call for a radical overhaul of the political, economic, and security frameworks—an overhaul that will inevitably provoke discomfort among the ‘hyenas’ who thrive on the status quo. Their hostility reflects a deeper anxiety about losing undue influence rather than genuine concern for national welfare.
Those who dare to voice radical solutions face fierce backlash. The insults, threats, and online harassment directed at the author of “Radical Approach” epitomize the perils confronting reformists. Such antagonism stems from a culture where free expression is often conflated with subversion and where critical voices are silenced through intimidation rather than engaged with constructively. This atmosphere breeds cynicism and self-censorship, retarding public discourse essential for democracy and progress.
The paradox lies in the fact that while politicians and vested interests propagate falsehoods to maintain their grip, genuine advocates of change are vilified. This creates a toxic environment where truth-tellers face social ostracism, leaving the masses bewildered about whom to trust. The condemnation of the author’s suggestion to either restructure or separate the country illustrates how deeply sensitive and contested the issue of national unity is—yet it also reveals the urgency to address unresolved grievances before they escalate into greater conflict.
It is crucial to emphasize that opinions, especially those anchored in personal conviction and aimed at national betterment, deserve respect and consideration, even if controversial. Democratic societies thrive on diverse viewpoints and vigorous debate. The author’s claim to persist as a ‘honey badger’—an animal known for fearless tenacity—symbolizes the courage required to confront entrenched systems and societal fears.
Change is seldom comfortable; it disrupts established norms and compels individuals to rethink identities and power structures. But without this discomfort, stagnation ensues, and nations risk eventual decline or disintegration. In Nigeria’s context, the failure to act decisively invites greater insecurity, economic hardship, and social unrest, ultimately threatening the very fabric of the nation.
To overcome the paralysis induced by fear and entrenched interests, Nigerians must collectively embrace the concept of radical but non-violent reform. The analogy of hyenas vividly encapsulates the paradox of strength hindered by fear and selfishness—a situation familiar to Nigeria today. The vehement backlash against radical proposals for restructuring or separation signals a collective unease but also highlights the necessity for bold action. History teaches us that radical change, enforced with fairness and resolve, is often the catalyst for national rebirth.
Nigeria stands at a crossroads. Will it continue to be prey to internal fears and greed, or will it muster the courage to embrace transformative ideas, no matter how uncomfortable they may seem? Advocates like the author of “Radical Approach” bear the burden and honor of challenging the status quo. Their persistence embodies hope that someday, rationality and justice will prevail over hostility and inertia.
In this pursuit, Nigerians must shed the fearful mindset that binds them and instead harness their inherent strengths—diversity, resilience, and youthful energy—to reclaim their destiny. Only then can the nation finally silence the cacophony of ‘hyenas’ and evolve into a stable, prosperous democracy worthy of its vast potential.
Balami, Publisher/Columnist 08036779290
The ‘Hyenas’ and The Fear of Radical Changes
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