The Global economy and US Dollar: Can a Brics currency replace the US Dollar?
….. THE SUPREME COURT OF NIGERIA: POLITICIANS DANCING NAKED IN FULL GLOBAL GLARE 2023
….AFTER 2023: WHAT POLITICAL POSITIONS MUST IGBOS IN NIGERIA GO AFTER? WHERE IS SUNDAY IGBOHO?
By Orefo Onochie
Change is the only permanent factor in all human affairs, and in nearly every situation and in most occasions, it is in that permanent motion in which the changes occur that the rest of Mankind get left out, completely unaware of the realities of the milieu. In the historical past, due to the effects of spatial distances and time, global critical changes were not instant. For example, it took five weeks for antagonist sides in the US Civil War that ended in 1865, for the combatants in the war fronts in Texas to know that the hostilities had ended. It was the same at the end of WW II, for Japanese, and US Allied troops to get to know that Japan had surrendered. it took several weeks into 1945 for information that WW II was over for millions of people to know that the war was over.
In matters of critical global importance in economics, such as the impact of trade, currency or dominance of structures or systems, it is usually much much less apparent, because of spatial space, distance, time and the forces of interaction and global connectivity. In our current world, these situations have been altered irreversibly by technology and the propulsions of global politics. Despite that the phenomenon are essentially economic, it is the forces of politics that determine their eventual standing or occurrence.
THE US DOLLAR AS GLOBAL MONEY
For our instant issue, we must consider the place, acceptability and the strength of the US Dollar, as the medium of global exchange and interaction. Prior the rise and acceptance of the US Dollar as the primary means of global trade and exchange of goods, gold had been the standard means of exchange for the purchase of goods and payment for services. For the dollar to upstage and overthrow the Gold Standard, it was not apparent, nor was it inspired or indoctrinated, rather it was the force of the effects of WW I, and the injustices, waste and the destruction of the global resources of trade and finance, in Europe, that compelled the UK, France, and Germany, to accept that the burden of reparations paid by the French, debts owed as a result of the supplies of war and the funding to revitalize global trade and industrial growth and prosperity, had to be shifted to the US, whose indebtedness at the end of that war, was the least: from 1932 onwards, most of these countries in Europe, had less gold, to back up their domestic and industrial production and had to rely on the US, which had garnered more gold from the supplies it made in the production of materials and means of fighting the WW I: as politics gathered steam again in Central Europe, it was not difficult to hazard that another global war was imminent. The defeat of France, and the buildup of Prussia and the arrogance of the Germans, to remain being the most superior 1st Class citizens of the world, was romping up the psychology of racial superiority, and the invincibility of “the German race”, and Germany rather than seek to reestablish it’s local productive, industrial and trade capacity, chose to turn inward and to prepare for future war in Europe: the US, capitalizing on the trust, weakness and reliance of Belgium, France Norway, Sweden, Finland and the UK, grudgingly acceded to back up world trade, finance and exchanges, using its local currency the US Dollar. In time, and as events in Europe would prove, their was no other alternative left to pursue: neither France, Belgium or the UK, inspite of their colonial burdens, had the means to enter the fray to stabilize the portents or savagery of the complexities of race and nationalism that was being steered in Europe. German racial superiority complex was a greater burden to confront, and someone had to bear it, and it was the US. In all of these, the ideologically incompatible Soviet Union, and China, which on their own, were smarting out from internal ideological upheavals and civil war, as well as the ravages of the Indo-Chinese conflicts in South east Asia, were clearly without clout, direction or suasion. Indeed, the leadership and intellectual opinion in the Soviet Union believed that the contradictions of capitalism, would ensure the failure of the efforts to replace the Gold Standard, with the US Dollar. The US nonetheless took on the burden of bearing and funding global trade, financing and industrial capacity. When war broke out again in 1939-1945 in Europe, the US had become the economic backbone and provider of war materials production funding as well as the financial Policeman of the industrializing world, except for the Soviet Union, China, Japan, and Italy.
GLOBAL MONEY AND US FINANCIAL LEADERSHIP
The rest of the world had minor impact on world trade and supplies, and were all subsumed under colonial structures of the UK, France and Belgium. It was now America, and her financial and industrial Wonder that propelled and led the world until 1945, when the Axis forces were defeated, and de-Colonization, the Cold war and the end of the conflict in South east and Central Asia, freed the rest of the monetary resources and structure of the world. Outside of the Cold War, and the defeat, strangulation and inclusion of Japan, South Korea and the rest of the Middle East, the other parts of the world were under the financial and economic control of USA, the UK, France, Canada, Australia and increasingly the reformed West German orbit. Confronted by the Cold War, what had become known now as the Dollarization of the world economy, had no prior disputation: American Wonder, the contrite seizure of the world financial system in New York and London, under US and Western structures, streamlined under the World Bank, and IMF, within the framework of the Bretton Woods Conference of June-July 1944 in New Hampshire, USA, took the world through, the tumultuous 1950s to the collapse of the Soviet Union and the end of the Cold War in December 1991.
Indeed China, had to contend with rising democratic ideals not too different from the political forces that liberated Soviet and Eastern Europe, from the clutches of Socialism, Marxism and Communism. The Chinese government using hard militarism slaughtered thousands of demonstrators at the Tienamen Square, Beijing, to stop the same fate that the Soviet Union suffered. The reunification of Germany, and the several new republics in Eastern Europe, were the accolades that sweetened the triumph of American capitalism. In the periods up to the early incursion and seizure of Crimea by Russia, in 2014, no global financial threats confronted the world (though failures of major financial businesses and sectors such as the recessions of 2008-2009, were warnings that the future of the global financial system was real).
RISE OF BRICS AND THE CHALLENGE OF THE US DOLLAR
The new world Financial Order which the West under the leadership of the United States had foisted on the world, was not acceptable to the new leaders in Russia and China. Very remarkable wealth and resources of both countries, especially the loss of face of Russia, as the primogenitor of the Soviet Union and primary challenger of Capitalism, still inspired dissent against US financial and global hegemony. China became much better placed, spreading deeper into Africa and South America, even seeking to broaden cooperation with the European Union, EU, to dilute US global economic domination. It was in this context that the idea of the coagulation of the economic and financial resources of Brazil, Russia, India, China, and South Africa, BRICS, was propagated as a factor of challenge against US and EU dominance of the financial global structure.
THE RMB AS GLOBAL MONEY
China was first to attempt a challenge of the US dollar, as the sole currency for settlement of world trade and payments for goods and invisible services. Increasing her offer of loans and the financing of infrastructures in developing countries in Africa and South America, soft conditions of repayments were offered by the Chinese to several governments such as Zambia, Ethiopia, Cameroon, Benin Republic, Djibouti, including Nigeria. It was to lure them into resorting to offset debts and payments in RMB, the local currency of China. The conditions assured the debtors of continuing financial support and trade exchanges, especially the future hope that American financial strangulation of their economies could be avoided. In fanfare the cooperations with China were celebrated but in truth, the diversification already in place by the US and the West, through decades of colonial monetary tie-in, made it near impossible to abandon the US dollar, because even the far developed economies of the EU, relied more and trusted the exchange structures in place in New York, London, Paris and the rest of the G-7 countries and the OECD. Assessment of the extent of the success in getting many more countries, or even the earliest prior assignees, to stick to the adoption of the RMB as global money,has been blocked by the Chinese ideological and bureaucratic structures that make such assessments plausible. Though the basis of the cooperation is trust, openness which was central to the default in the Chinese system is burdensome and future further associations became even more spurious. Thus, the new facts of the still ongoing 2022 war in Ukraine, started by Russia since February 24, 2022, has tended to inspire the BRICS contention to fight and struggle to remove as many countries as possible from the US total control of world trade and finances. The fact and all the attributes of the full mobilization for wars, as the major cause of the collapse of the Gold Standard from 1931, the very extensive debts of the main combatant nations of Europe and Asia during the two World Wars (Germany, the UK, France, Belgium, Italy and Japan), which left the US, on the balance, to be the single most funded and financed country, with gold brimming as the support base of its currency and economy, became the sole determinant of the status of the US dollar as the currency on which the global economy is founded.
There are other indices comprising mainly the following:
1. the huge and high productivity, transportation infrastructure, extensive natural resources, territorial landmass, population, highest average household and employee income among the most industrialized nations of the world
2. the integration of far-flung territories and settlements, on continental USA, enabled by new technologies, steam and rail systems, canals, automobiles, aeroplanes, business machines, telephone, computers , slavery and conquest of Native Indians, laid the foundation on which the US economy has continued to expand and grow
3. the accumulation of capital stock, the increase in labor inputs, work, man-hours and technological advancement
4. the outstanding symbols of wealth such as skyscrapers, sports stadiums, resorts and amusement parks, stunning geographical diversity of more than 3 million square miles
5. reliance on fully constituted political and legal systems, based on merit and evolving on the Rule of Law, rights and liberties of all citizens
The attributes outlined above provided the resilience on which the US strove, and in time became the toast of the rest of the world, especially continually creating the basis for shouldering the financial currency and basis of long term trade payments, as the backbone of the world: the strength of the US dollar, compared with all the other major currencies of the world, in the last 75-years is such that only a few countries can compete, or strive to outpace her.
COMPARING CHINA AND INDIA: OTHER ECONOMIES OF THE WORLD
The depth of the development of other high economies of the world, such as China and India, has prompted the comparative analysis of whether there is a real threat to the global dominance of the US dollar. The enumeration of the factors that enabled the emergence of US hegemony in strategic and financial, monetary matters, have indeed prompted the prognosis, that the two countries ( China and India), having truly the same attributes, and therefore have the capability, and so could overtake the US in the next 50-years, (about the year 2075). A number of reasons suggest that it is possible: the current growth of the economies of both China and India, as at today, about 177% , as compared to a US growth rate of less than 45% GDP. Based therefore on such mathematical models, surely both later economies, China and India, will outgrow the US economy. Even this prognosis is still debatable, in so far as such projections of growth and development are not interfered with by other unforeseen, unknown and un-anticipated factors, yet unknown to Mankind. As such, the academic conjecture will persist. Yet all the indices and the politics directed at scuttling the dominance of the US dollar, by the BRICS countries, whose economic indices are nearly equal, singularly or collectively, as that of the US, pose a clear and real challenge and danger. Based on the comparative juxtaposition of the current standing of the BRICS, compared to the singular US financial Dollar system capacity, it is rather still near impossible to outrightly predict if the combination of the BRICS currency, financial capacity and Governments could replace the US Dollarisation Standard. There are also still outstanding several questions:
a. will the capacity of BRICS provide the quick resilience that will bear the global monetary responsibilities, such as the dollar has borne
since about 1932?
b. arising from the known difficulties of the setting up of regional currencies such as the Euro, or the long unfinished business of the Ecowas currency in West Africa, (the Eco), East and Southern Africa, what speed can be expected, and the technical capacity to birth a replacement BRICS global money to equal or replace the US dollar?
In light of all the above facts, the reach and ambitions of BRICS to replace the US dollar, as part of the efforts to gain from the exigencies of the current war in Ukraine, the extent and excesses of WW I and II, which elevated the indebtedness of the major European countries, that originated the collapse of the Gold Standard, and birthed the Dollar Standard, is still very far-spread and encompassing. In spite of the hike in global economic and financial difficulties, such as was noted in the rise in global inflation, food supply insecurities, and threats to global oil, gas, and grains, as a result of the war in Ukraine in 2022-2023, these are yet to translate into the huge debts or reparations that liquidated the gold reserves of most of the belligerent European States, which led to their increasing tendencies and later, decisions to rely on and adopt the US Dollar Standards, which made possible, the unanticipated collapse of the gold standards they had relied on for centuries, as the new global money economy developed. Will the OECD countries, the main benefactors, controllers, and manipulators of the current dollar Standard allow these BRICS competitors to overtake them in such competitive context? It is unlikely, especially with the advantages the current technological advancements are placing in their dispositions. We should continue to study, watch on and predict, where BRICS will be, and the US Dollar, in the years ahead, as the currency of world trade, payments and settlement!
(2). THE SUPREME COURT OF NIGERIA: POLITICIANS DANCING NAKED IN FULL GLOBAL GLARE 2023
On Monday May 8, 2023, the Supreme Court of the Federal Republic of Nigeria, in Abuja, began sitting on the anxious long anticipated multiple litigations on the February 25, 2023, Presidential election in Nigeria. As in most affairs of Men, it was impossible to predict the outcome of the long drawn out war that was actually only a Presidential election. Based on a prognosis, and assurances from both INEC and President Muhammadu Buhari, PMB, that Nigeria would have a free and fair election, it became increasingly apparent that the 2023 Presidential election would be ethnically unfair, highly against laid down political party Constitutions, regulations and understandings: at the National Conventions of the political parties, in May-June 2022, billions of Naira and millions of US Dollars, were paid as bribes to purchase delegates votes, and as the actual 2023 General election drew near, the entire country was thrown into chaos by the Central Bank of Nigeria, CBN , and PMB, in unchartered, unprepared and ill-considered policy to redesign and change the national currency, all aimed at starving the Presidential Candidates and other politicians of funds to buy votes and voters. Whereas from the strength and ethnic spread of the Presidential Candidates, it was clear that non would secure an outright victory. At best, it would be a hung Presidential election. Then, words became public that the INEC Chairman, Mahmoud Yakubu, flew to Lagos two nights before the Presidential election and returned to Abuja same night, in the private jet of the APC Presidential Candidate: a video of the visit went viral and was never recanted.
Nigerians trooped out to vote and at the end of the voting, clearly it was predictably pointing to defeats for some and victories for others. INEC turned the tables, made it impossible for IREV devices to transmit polling units, ward, local government and States results of only the Presidential election, while those of the Senate and House of Representatives were transmitted to the National Collation Centre, Abuja, electronically based on the 2022 Election Law. INEC inspite of early caution, including mine, went ahead to stop and closed up the National Collation Centre in Abuja, for initially announced 12- hours, but extended it to 18-hours, without any public explanations. In the course of the closure of the collation, the news media got wind that the electronic transmission for the Presidential election had not taken place. By the time manual transmission of votes commenced again, the tide of the Presidential results had been critically altered. Yet, there were still not yet collated, uncertain and undecided election zones, such as the Abuja FCT but the INEC Chairman had already concluded and at 4am on February 28, 2023, declared the APC Presidential Candidate the winner, and less than 5-hours later issued a certificate of victory to the ticket. All the commotion, disputes and chaos at the National Collation Centre was shifted to the nation, and a cloud of doom descended on the electorate, leading to the deferment for 2-weeks of the Governorship and State Assembly Elections. There were reported cases of violence but the intimidation, profiling and threats against Igbos in Lagos, and even non Igbos who resembled Igbos, that they would be killed, their properties burned up, and they should hole up and not venture into public spaces, or voting booths, turned the election that next election of March 18, 2023, into a cemetery-like zone, with major voter apathy and rejection of the process. Yet it was “go to Court”, if not satisfied with the announced Presidential result: then all the crooked and malignant processes that took place became public. The counsel to dissatisfied Politicians changed to, “withdraw from the court and allow the declared winner “ to be sworn in.
CONSEQUENCES OF FAILURE OF RULE OF LAW IN NIGERIA AFTER 2023
It must be stated continually that political party election rules and the 2022 law on elections were variously breached, by the ruling political party, APC, and the main opposition, the PDP, during their national conventions to elect Presidential Candidates; members of the APC in Lagos, PDP in Rivers State, and other States wantonly violated same laws: in all these neither the INEC, Federal Government, law enforcers and security agencies, did not act swiftly to stop the violations. Brazen acts of breach of laws not condemned openly leave society with situations of further deterioration, social chaos, anarchy, civil disobedience, illegitimacy of government positions, and finally, millions of unpatriotic citizenry. These are the general undeniable dimensions. The lack of trust of government and apathy in political matters especially elections become incalculable. In the case of Nigeria, with weak institutions of State, where corruption, bribery, cronyism, religious bigotry and ethnic superiority complex (affects the judiciary and its officers), renders the structures of State even more weak and divided.
It is in light of these prognoses that the commencement of the Court proceedings on the 2023 Presidential election results must be domesticated. By law and legal rules, it is wrong to make direct comments (not yet in the public domain) on the matters, or aim to directly influence the positions or opinions of the honored Judges. Yet it would be wrong not to pinpoint prior wrongs and laxities of the entire process. It is by so doing that we can find the correct pathway towards solving all the maladies that have threatened to cave in the Nigerian national structure. Are they still there? Indeed, the earliest derelictions and amoral condo nations of these violations are the primary source of the current secondary debilitation. If we continue and not correct them again, the perils and dangers will increase and worsen.
SEPARATISMS AS A CONSEQUENCE
Those acts of threat and public compulsion against the Igbos in Lagos, prior, during and immediately after the Presidential election of February 25, 2023, were the darkest episodes and days in Nigeria since January-July 1966. The aftermath was not close to the post annulment consequences of MKO Abiola’s
election victory on June 24, 1993: the immediate reason for the annulment was the same vote-buying. But the immediate consequence was relocations and displacement of citizens away from Lagos, by several ethnic nationalities, majority of whom were Igbos, though the electoral harm was against a Yoruba man. Today, the Igbos are arraigned again to leave Lagos, having been denied the right to vote by threats, and force of an ethnic APC and Yoruba ideology. Till date, the Federal government of Nigeria or INEC has not addressed the matter. Rather the focus has been the transfer of Federal authority and its attendant inauguration ceremonies and dance. What will happen after the festivities and celebrations? Those whose rights were violated will posit, state, claim very rightly and argue that “taxation without representation is slavery and so too is being stopped from voting “; they will begin the processes to stop the modern slavery. Then the militaristic efforts to suppress the agitations and actions will become important: all the prior derelictions and refusals to condemn the causal violations, as well as the RESTRUCTURING OF NIGERIA, to eliminate the sources of agitations, grievances, imbalances, oppression and injustices will no longer matter.
The actions, choices and the Supreme Court of Nigeria ruling on the 2023 Presidential election Tribunal will be the solution for a UNITED, INDIVISIBLE Nigeria. We cannot trifle this opportunity! The glare of the global world is on Nigeria.
(3). AFTER 2023: WHAT POLITICAL POSITIONS IN NIGERIA SHOULD IGBOS GO AFTER? WHERE IS SUNDAY IGBOHO?
Those who refused ZONING and ROTATION of the Presidential position in 2023, who jettisoned their political party Constitutional clauses, before the National Conventions of May-June 2022, to elect the Presidential Candidates, are now scurrying to elect the 10th National Assembly leaders, based on ZONING and ROTATION of offices.
Loyalists in the APC, and opposition stalwarts in other political parties, especially the PDP, are aligning and enthusing themselves on what area of Nigeria, the Senate President, his Deputy, and the Speaker of the House of Representatives, and his Deputy will come from. Now Zoning, Rotation and ethnicity matters! It is more tragic that IGBO politicians joined the fray, when they colluded in stripping ZONING and ROTATION from their party lexicons, prior, during and after the 2023 Presidential election. The basis of all politics everywhere is tribalism. To reject that, is to acknowledge even before trying, that the society and structures, will sooner than expected, fail and crumble.
For more than 120-years, only persons of English and European descent were elected President in the USA. Only persons of German ethnicity have been elected Chancellors in East or a united Germany, and indeed Adolf Hitler propounded vehemently that the German race alone should RULE the world, and so began wars in Europe to enforce that. The UK denied serially to elect Rushi Sunak, a UK citizen of Asian Indian parentage, of being Prime Minister, until the near total collapse of the economy in 2022, and public confidence in the political system and structures of the UK.
In Switzerland, for more than 300-years, stability, peace, global neutrality and economic prosperity has been guaranteed by a Zoned Rotational Presidency that is anchored on ethnic, German, French, Italian and Romansh, and the Canton system ensures that all the ethnic nationalities lead the country in a rotational Presidency. Though the German ethnic group is about 65% of the population, every ethnic nationality seats ready to be President when they get their turn…. it is not emi lo kan…. but our turn, each ethnic group’s turn.Even the Romansh, only 1% of the population have a reserved constitutionally protected Presidential turn. Why is it impossible for Nigeria to fashion a fully home grown democratic process and institution that is entirely local? Must we mindlessly copy from others what is not efficacious and long lasting, in light of our cultural and historical antecedents and judging from our most recent histories? Yet we have so many titled , qualified and constantly honored women and men?
BEING PRESIDENT OF THE SENATE OR DEPUTY PRESIDENT IN 2023
It is very shameful and tragic that there are Igbo politicians, who were rejected in 2022 in the APC, as Presidential Candidates, and after the 2022 National Convention cataclysm that befell Nigeria and their political party, they are hustling to be Senate President or Deputy. The only reason David Umahi left the PDP to join the APC was because he was prophetic in seeing where Uche Secondus, Atiku Abubakar, Ike Ekweremadu and Iyorchia Ayu were trajecting the party to-destination oppressors’ inglorious defeat. David Umahi achieved the feat that it was only the Ebonyi State delegates to the APC 2022 National Presidential Convention, who refused the thousands of US dollars, or millions of Naira, doled out to delegates who voted for the winner and runner-up(Bola Ahmed Tinubu and Rotimi Amechi). So Umahi’s running to the APC did not get him the Presidential candidacy, (despite that Presidential Aspirant, Ogbonnaya Onu continued to shout that the Convention must be driven by fairness, equity and justice). After the severity of the defeat of all the Igbo Presidential Aspirants, only Umahi ran back quickly to secure a Senate victory amongst his Ebonyi peers. Orji Uzo Kalu began running to be President in 2023 before David Umahi. Not being prophetic, and with less pedigree (?), he left the 2023 Presidential race very early, and ultimately secured a Senate seat and victory. What was the reason for Orji Uzo Kalu
to abandon the Presidential race? Is it because Igbos are 2nd class citizens in Nigeria, or that they lack the intellectual resources to solve the problems of Nigeria, such as epileptic electricity, permanently skyrocketing cost of living, criminal scheduled devaluation of the Naira, permanent threat of removing petroleum subsidy so that 1-litre of petrol will cost N550.00?
Has it not struck Umahi and Orji Uzo Kalu that not one citizen of the Southwest has been Deputy Senate President or even Senate President in the history of Nigeria? Why? It is because the Constitutional frameworks of Nigeria guarantees that only the ruggedly ambitious can be President, and so Politicians of the Southwest Nigeria only strive to be Presidents or Vice President: but others will serve, in offices less than the Presidency, as their administrative minions and slaves.
Chinua Achebe, member of the PRP for life, in 2007, rejected Nigeria’s highest Merit Award for high intellectual achievement: he died on March 22, 2013, and two Presidents (including Nigeria’s Goodluck Jonathan, who granted him the rejected highest national honor attended his funeral). If an Igbo speaking person cannot be guaranteed by political party Constitutions to replace a major ethnic President , and other ethic Presidents in tow, Igbo speaking politicians MUST reject any other Federal positions, not granted by Zoning, Rotation or Federal Character. Where there no Igbos who supported Obasanjo and rejected Ifeanyi Ekwueme for President in 1999 and even in 2003? Only the truth can make the IGBO people to be free!
OBAFEMI AWOLOWO AND NNAMDI AZIKIWE: DIVORCE CLAUSE FOR A FEDERAL NIGERIA
About 12 meetings were held by Chief Obafemi Awolowo and Dr. Nnamdi Azikiwe, to trash out the inclusion of a divorce clause in the Constitutional reviews of Nigeria, from 1954-1957. Zik persuaded Awo that Nigeria would be better served as a very big country, like the US, the Soviet Union and China. Awo’s position was that clear forces of retrogression and futurism were keeping the country from progressing. Did Azikiwe believe that Igbos would be 2nd class citizens in Nigeria, and he would accept it? Certainly not! How progressive has Nigeria been since 1954? Things were already going very bad as both Patriots were interred 37 years and 27 years ago, respectively. If in 37-years, Nigeria has remained stagnant, as it still is, for example on Electricity and galloping inflation/cost of living, and 8-years of PMB’s government will end in 13- days time, how can this be acceptable to any forward looking person? Where is the remedy for Nigeria?
SEPARATISM IN CURRENT EUROPE
After more than 200-years of Scotland being a member of the United Kingdom, the Scottish have been agitating to remain in their own Parliament, in Scotland, through a referendum, and to stop representation in the UK Parliament in London,: there is a lot that Nigeria can learn from the history. If Northern Ireland went through the violent military troubles for 38-years, with such ferocity, until the Good Friday Agreement of 1998, Nigeria has even a lot more to learn from it.
Any political feeling that the Presidential and General elections of 2023, in Nigeria bodes well for the country is illusory: the future holds much, much less. To suppress voters and rig elections that pop up illegitimate governments, with low Public credibility is a disservice to the country, and its Founding Fathers. Igbo politicians must read the handwriting on the wall, and seek a Nigeria in which no citizen, ethnic group or community will be reduced to second class citizenship. The next President of the Senate in the 10th National Assembly of the Federal Republic of Nigeria will be a beggarly pushover: if you were not qualified to be President, how can you be credible to check such a President. If you prove your mettle, then you will be accorded your due respect.
Nigeria must be RESTRUCTURED to guarantee highest leadership positions to both majority tribes, and the minority: like Azikiwe believed and persuaded Awolowo, Nigeria is better served as a big country, than a reduced or smaller one: while the US and China have continued to gallop, Russia that has been redacted from the Soviet Union, is fighting wars to increase its territories and population. China, long over populated, is spreading its population into Africa, and seeking new frontiers of control through aggressive loans, credits and infrastructure grants to vulnerable and weak countries in our continent. Only good governance and the Rule of Law will save Nigeria, from its current vulnerabilities, which includes corruption, cronyism, greed by ethnic bigots as leaders and religious jingoists. The Supreme Court of the Federal Republic of Nigeria can still save the country. Igbos must remain resolute and fight for the unity and prosperity of the country, based on fairness, equity and justice. Any other political recipe is a continuous slide to national disintegration. Sudan is a very apt example!
WHERE IS SUNDAY IGBOHO?
To respond to the question, Where is Sunday Igboho, it is vital to recognize the complex dynamics of the devolution of the Nigerian State. Sunday Igboho whose surname is Adeyemo, was believed to have sympathies, and leadership acumen for a separatist Yoruba Nation. As the 2022 Presidential Conventions gathered steam, it was apparent that unless the heat up of the Nigerian polity was reduced, the political processes could be derailed. It was in this light that the exuberant activists were cautioned by their Elders to step down the tempo. Sunday Igboho had been declared wanted on alleged gun running, and his arrest and prosecution in Cotonou, Benin Republic, caused another steer in Nigeria. In the end, he was released to his ethnic elders who spoke on his behalf. Subsequently, Sunday Igboho has not been seen on any political radar in Nigeria for close to 15-months now. Very unusual for an avowed dramatist, rich political activist and philanthropist of his genre! In the land of the rich, some are more equal than others! What really has happened in this Igboho instance?
This piece was written by Dr. Orefo Nnamdi Onochie,
Chairman-Convener NACOPPIN NIGERIA 2023.
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