NIGERIA’S ECONOMIC FAILING CONFIRMED UNDER EMILOKAN – OBASANJO

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NIGERIA’S FAILING STATUS CONFIRMED UNDER EMILOKAN – OBASANJO
Former President, Olusegun Obasanjo says Nigeria’s failing status under the reign of President Bola Tinubu is “confirmed and glaringly indicated and manifested for every honest person to see.”
He labelled Tinubu as “Baba-go-slow and Emilokan.”
A statement on Saturday by his Media Aide, Kehinde Akinyemi, on Saturday, quoted Obasanjo to have said this while delivering his keynote address at the Chinua Achebe Leadership Forum, Yale University New Haven Connecticut, USA.
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“As the world can see and understand, Nigeria’s situation is bad,” Obasanjo was quoted as saying.
According to the statement, the former President in his address titled, ‘Leadership Failure and State Capture in Nigeria’ said, “the more the immorality and corruption of a nation, the more the nation sinks into chaos, insecurity, conflict, discord, division, disunity, depression, youth restiveness, confusion, violence, and underdevelopment.”
“Nigeria Situation: As we can see and understand, Nigeria’s situation is bad. The more the immorality and corruption of a nation, the more the nation sinks into chaos, insecurity, conflict, discord, division, disunity, depression, youth restiveness, confusion, violence, and
underdevelopment.
“That’s the situation mostly in Nigeria in the reign of Baba-go-slow and Emilokan. The failing state status of Nigeria is confirmed and glaringly indicated and manifested for every honest person to see through the consequences of the level of our pervasive corruption, mediocrity, immorality, misconduct, mismanagement, perversion, injustice, incompetence and all other forms of iniquity. But yes, there is hope.”
Obasanjo while copying from a short, classic treatise published in 1983, called ‘The Trouble with Nigeria’ by Chinua Achebe admitted that, “The trouble with Nigeria is simply and squarely a failure of leadership. There is nothing basically wrong with the Nigerian character. There is nothing wrong with the Nigerian land or climate or water or air or anything else. The Nigerian problem is the unwillingness or inability of its leaders to rise to the responsibility, to the challenge of personal example which are the hallmarks of true leadership.”
He added, “In hindsight, this forty-one-year-old prescriptive analysis on the root causes of Nigeria’s leadership crisis is quite moderate and appropriate. It is at least not as desolate as the diagnosis provided by Robert Rotberg and John Campbell, two prominent US intellectuals – the latter a former United States ambassador to Nigeria to boot: ‘Nigeria has long teetered on the precipice of failure,’ they argue. ‘Unable to keep its citizens safe and secure, Nigeria has become a fully failed state of critical geopolitical concern. Its failure matters because the peace and prosperity of Africa and preventing the spread of disorder and militancy around the globe depend on a stronger Nigeria.”
The former President, who also relied on a World Bank and Transparency International definition, described a state capture, “as one of the most pervasive forms of corruption, a situation where powerful individuals, institutions, companies, or groups within or outside a country use corruption to shape a nation’s policies, legal environment, and economy, to benefit their own private interests.
“State capture is not always overt and obvious. It can also arise from the more subtle close alignment of interests between specific business and political elites through family ties, friendships, and the intertwined ownership of economic assets.
“What is happening in Nigeria – right before our eyes – is state capture: The purchase of National assets by political elites – and their family members – at bargain prices, the allocation of national resources – minerals, land, and even human resources – to local, regional, and international actors. It must be prohibited and prevented through local and international laws.
“Public institutions such as the legislature, the executive, the judiciary, and regulatory agencies both at the federal and local levels are subject to capture. As such, state capture can broadly be understood as the disproportionate and unregulated influence of interest groups or decision-making processes, where special interest groups manage to bend state laws, policies, and regulations.
“They do so through practices such as illicit contributions paid by private interests to political parties, and for election campaigns, vote-buying, buying of presidential decrees or court decisions, as well as through illegitimate lobbying and revolving door appointments.
“The main risk of state capture is that decisions no longer take into consideration the public interest, but instead favor a specific special interest group or individual. Laws, policies, and regulations are designed to benefit a specific interest group, often times to the detriment of smaller firms and groups and society in general. State capture can seriously affect economic development, regulatory quality, the provision of public services, quality of education and health services, infrastructure decisions, and even the environment and public health.”
On Achebe’s personality, Obasanjo hinted that the great author and writer has been known through “his work, and his values for as long as our Nation has been in existence. He was a great and distinguished Nigerian.”

  • Dons Eze

    DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

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    ATIKU, EL-RUFAI, TANKO FORM COALITION TO CHALLENGE TINUBU IN 2027 Former Vice President Atiku Abubakar, alongside other key political figures, has announced the formation of a new opposition coalition aimed at unseating President Bola Tinubu in the 2027 general election. The announcement was made during a press conference at the Yar’Adua Centre in Abuja on Thursday, where Atiku, flanked by former Kaduna State Governor Nasir El-Rufai, Labour Party spokesperson Yunusa Tanko, and former Deputy Speaker of the House of Representatives Emeka Ihedioha, addressed journalists. Responding to a question on whether the gathering signalled the launch of a coalition to remove Tinubu from office, Atiku confirmed, “Yes.” The opposition leaders strongly condemned Tinubu’s recent declaration of a state of emergency in Rivers State, which led to the suspension of elected officials, including Governor Siminalayi Fubara and Deputy Governor Ngozi Odu. Atiku described the action as unconstitutional and an overreach of presidential powers, calling on Nigerians to reject it. “We have come together to address the dangerous and unconstitutional actions taken by President Bola Ahmed Tinubu, GCFR, on March 18, 2025—to wit, the declaration of a state of emergency in Rivers State and the illegal suspension of the democratically elected governor, deputy governor, and state House of Assembly,” Atiku stated. “This action is not only unlawful but also a clear subversion of democracy and an imposition of autocratic federal control over a duly elected state government,” he continued. Atiku accused Tinubu of failing to follow due process, arguing that the Nigerian Constitution does not empower the president to remove a sitting governor. He cited Section 305 of the 1999 Constitution, which allows a state of emergency only in extreme situations threatening national security, sovereignty, or public safety. “Section 305 of the Constitution allows the President to declare a state of emergency only in extreme cases where public safety, national security, or Nigeria’s sovereignty is at serious risk. However, it does not grant him the power to suspend elected officials or to demolish democratic structures as he has brazenly done,” he said. He further pointed out that even if Tinubu’s emergency declaration were valid, it would require a two-thirds majority approval from the National Assembly, which had not been obtained. Atiku accused the federal government of using the crisis in Rivers State as a pretext for political control. “Rather than allowing the law to take its course, the federal government has engineered a crisis to justify this obviously premeditated and brazenly cynical unconstitutional action,” he said. The coalition called on the National Assembly to reject Tinubu’s declaration and urged the judiciary to strike it down to prevent a precedent that could be used to arbitrarily remove elected governors in the future. Atiku also referenced past administrations that declared emergency rule in conflict-ridden areas without removing governors, arguing that Tinubu’s decision represents “a new low for our country.” Among the opposition leaders present at the press conference were Labour Party’s 2023 presidential candidate, Peter Obi (represented by Yunusa Tanko), former Secretary to the Government of the Federation Babachir Lawal, former Kaduna State Governor Nasir El-Rufai, and National Secretary of the Coalition of United Political Parties Peter Ahmeh. Other prominent politicians, including former governors Rotimi Amaechi (Rivers), Kayode Fayemi (Ekiti), and former APC National Chairman Abdullahi Adamu, were absent but sent their apologies. The newly formed coalition signaled the start of what could become a major political movement ahead of the 2027 elections, with leaders pledging to unite opposition forces against Tinubu’s administration.

    BREAKING: TINUBU SWEARS-IN IBAS AS RIVERS SOLE ADMINISTRATOR

    BREAKING: TINUBU SWEARS-IN IBAS AS RIVERS SOLE ADMINISTRATOR President Bola Tinubu has sworn- in the sole administrator of Rivers State, Vice Admiral Ibok-Étè Ibas (retd.), into office. Tinubu swore Ibas into office at about 03:00 pm at the State House, Abuja. The brief ceremony was witnessed by the President’s Chief of Staff, Femi Gbajabiamila, the Attorney General of the Federation, Mr Lateef Fagbemi, SAN, and the Principal Secretary to the President, Mr Hakeem Muri-Okunola. Ibas arrived at the Presidential Villa at about 12:48 pm (local time). On Tuesday night, Tinubu declared a state of emergency in Rivers State, suspending Governor Siminalayi Fubara, his deputy, Ngozi Odu, and all elected members of the Rivers State House of Assembly for an initial period of six months. In a national broadcast, Tinubu cited prolonged political instability, constitutional breaches, and security threats as reasons for the extraordinary measure. The crisis, which had paralysed governance in the oil-rich state, stems from a power struggle between Governor Fubara and his predecessor, Nyesom Wike, now the Minister of the Federal Capital Territory. As part of the directive, the President also appointed Vice Admiral Ibok-Étè Ibas (retd.) as the sole administrator to oversee the state’s affairs until normalcy is restored. Ibas served as Chief of Naval Staff from 2015 to 2021 under former President Muhammadu Buhari. Tinubu announced, “In the circumstance, having soberly reflected on and evaluated the political situation in Rivers State the Governor and Deputy Governor of Rivers State has failed to make a request to me as President to issue this proclamation as required by section 305(5) of the 1999 Constitution as amended, it has become inevitably compelling for me to invoke the provision of section 305 of the Constitution of the Federal Republic of Nigeria, 1999 as amended, to declare a state of emergency in Rivers State with effect from today, March 18, 2025 and I so do. “By this declaration, the Governor of Rivers State, Mr Siminalayi Fubara, his deputy, Mrs Ngozi Odu and all elected members of the House of Assembly of Rivers State are hereby suspended for an initial period of six months. “In the meantime, I hereby nominate Vice Admiral Ibokette Ibas (retd.) as Administrator to take charge of the affairs of the state in the interest of the good people of Rivers State. For the avoidance of doubt, this declaration does not affect the judicial arm of Rivers State, which shall continue to function in accordance with their constitutional mandate.”

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