Columns
The craze for easy money in Nigeria and the Hanifa’s story (II), by Prof. M K Othman
The craze for easy money in Nigeria and the Hanifa’s story (II), by Prof. M K Othman
Deep Thoughts with Othman
In Nigeria, the Hanifa’s case is neither a common one nor an isolated one as there are few other Hanifas murdered by their supposed protectors such as guardians and trusted neighbours in the last five months.
Cases of 12-year old Sylvester Oromoni in Lagos and 8-year old Asma’u Shuaibu Wa’alamu in Zaria were reported in the first part of this piece last week. The craze for easy money has turned out to be the most adaptable and adorable trade for some people irrespective of gender and age differences.
Last month, security personnel paraded a housewife, 39-year old Maryam Abubakar who was deeply involved in running errands and sex racketing for bandits for money. She was audacious enough to confess before newsmen that “Bandits paid me between N30,000 and N50,000 naira for a round of sex. I helped them do their shopping to prevent them from arrest, I knew they were into kidnapping, banditry, and armed robbery but I decided to date one of them despite my married status because they give me lots of money. I brought girls to them and they were given 50,000 Naira per night each. I felt my 15-year-old and 17-year-old daughters can also benefit so I introduced them to the bandits and they were given lots of money….”
Children are not left behind in this “craze for easy money business”. In the first week of January 2022, Sahara Reporters reported the arrest of three teenagers; Emomotimi Magbisa, Perebi Aweke, and Eke Prince, all 15-year-old males, and natives of the Sagbama community of Bayelsa State. The teenagers accosted and hypnotized a 13-year-old girl, Endeley Comfort. Subsequently, they took her to an apartment in the community, cut her finger, and sprinkled the blood on a mirror for a money ritual. Residents of the community noticed the suspicious movements of the suspects and raised an alarm that led to their arrest and confession.
Endeley Comfort was lucky to be rescued with her life but Sofiat Okeowo, a 20-year-old girl, resident of Idi-Ape, Abeokuta was not that lucky as she was gruesomely murdered by her pretentiously, “lovely” boyfriend, Majekodunmi Soliudeen, a 19-year old boy. Soliudeen lured Sofiat to his room for supposedly a romantic escapade but held her down and asked one of his accomplices to cold-bloodedly chop her head with a knife. Soliudeen’s accomplices were 17-year-old Wariz Oladeinde from Kugba, 19-year-old Abdulgafar Lukman from Kugba, and Mustakeem Balogun from Bode Olude, all residents of Abeokuta town. They conspired, murdered Sofiat, cut her head, packed the headless body in a sack, and started burning the head in a pot for money ritual.
They were apprehended, confessed to committing the crime on January 28th 2022 at the Kugba area of Abeokuta, and are currently being prosecuted in the Court of law. These are teenagers who should be in school for their studies but are on the street with a devilish mind to make easy money. How did we degenerate to this level of decadence? Before answering this question, let me repeat the two questions posed in the first part of this piece; why are we crazy for easy money? Does money solve our problems or bring happiness to our lives?
The high level of poverty subjecting many people to suffering and tenacious fear of social insecurity has made many Nigerians have limitless love for money or position that can bring money. Our brains are synched to believing that money can solve all problems. This is entirely wrong. Money can buy a house and comfort but cannot buy sleep, money can buy friendship but cannot buy loyalty, money can pay school fees and buy books but cannot buy knowledge, money can attract people but cannot buy their love and affection, and several other things money cannot do.
However, money is still important in the life of a man as a lack of it can make us to be miserable, so also, having too much of it can make life unbearable. Shreds of evidence of people committing suicide due to lack of money are common but there are also cases of rich people committing suicide. The case of a German billionaire, Adolf Merckle, who committed suicide in 2019, is heart-rending.
Merckle’s family issued a statement explaining the pressure that resulted in his suicide. The statement reads; “the desperate situation of his companies caused by the financial crisis, the uncertainties of the last few weeks and his powerlessness to act, have broken the passionate family entrepreneur so he took his own life.”
To answer the question of money bringing happiness, let me quote an anonymous writer who said, “the difference between money bringing happiness and not buying happiness is that money changes your perspective towards the things that you admired when you’re not rich but it cannot save you from being human, because as humans, every day or some days, something bothers us”. Now, how do we get out of these doldrums, the calamitous disposition?
The responsibilities of righting the wrongs in our society are collective tasks; the government, parents, religious leaders, and community leaders. Law and order must regulate the activities of the three arms of government as enshrined in the Nigerian Constitution. Nigerians must wake up to demand transparent and accountable governance. Corruptions at all levels must be fought using several strategies to achieve the desired results.
Parents should bear the full responsibility of parentage. They should be a shepherd to their children and other members of the family. Can we instil and inculcate morality and value system in all members of the family? As parents, we should be like a bee, providing honey most of the time and then stinging to correct and defend the family value. We should not spare the rod for our children if the need arises. At all times, we should be watchful, mindful, and accountable for our children’s doings and undoings. We should not hand over the upbringing of our children to school teachers. We should honour our children when they do well and sanction them when they do the opposite.
Religious leaders have significant roles in shaving conducts in society but must have the fear of God to play such roles correctly and deservedly. Can they shun wealthy people who are enmeshed in aggrandizement? Can we stop celebrating people with questionable wealth? Ill-gotten wealth should be despised by all and sundry. This is the only way to avoid the future occurrence of the Hanifa story.
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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