Public Affairs Analyst

According to the Nigerian Bureau of Statistics: “The history of modern Banking in Nigeria dates back to 1892 with the establishment of the African Banking Corporation in Lagos. In 1894, the Bank of British West Africa (now First Bank) took over the Africa Banking Corporation. The Bank for British West Africa remained the only bank in Nigeria until 1912 when Barclays Bank (now Union Bank) was set up. Subsequently, other banks came on-stream. Until 1959, the banking industry in Nigeria was largely unregulated. Thus, there were no reliable and organised data on the monetary sub-sector. As the country approached independence, the Central Bank of Nigeria was founded, on 1st July, 1959. According to Section 4 of the 1958 CBN Ordinance, one of the principal objectives of the bank is “to promote monetary stability and a sound financial structure in Nigeria”. Privatisation and commercialisation happened early for the Nigeria’s banking sector. Owing bank accounts was elitist until 1990s. Recal

In the vast arena of the Nigerian media space, where voices rise and fall with the tide of public discourse, Jide Ojo affectionately known as Asorogbayi, stands as a towering figure defined by integrity, fearlessness, and an unwavering commitment to truth. There's hardly any media analyst more engaged  in Nigeria than Jide Ojo. Today, we celebrate not just his career but a pivotal moment in the history of Nigerian journalism 34 years of tireless writing and 12 years as a columnist with The PUNCH, one of Nigeria’s most influential newspapers. In an era where media narratives can easily be swayed, Jide has become a beacon of clarity and reason. Since October 2012, his incisive commentaries have shaped public opinion, with over 1,500 thought-provoking columns that inform and challenge readers to think critically about governance, leadership, and societal issues. His words resonate deeply, transforming complex topics into accessible insights for all Nigerians. Jide's influence exte

  Since the return to civil rule in 1999, Rivers State, the acclaimed treasure base of Nigeria, has had five governors namely Peter Odili, Celestine Omehia, Chibuike Amaechi, Nyesom Wike, and now Simnalayi Fubara. The first major political crisis in the state happened in 2006 during the Peoples Democratic Party governorship nomination for the 2007 election. Ameachi had won the primary but ex-President Olusegun Obasanjo said his victory had k-leg–whatever that means–and as such, Ameachi was denied the party nomination, and the ticket was unjustly given to Celestine Omehia who did not participate in the PDP primary election. The Supreme Court nullified Omehia’s election on October 25, 2007, and asked that Amaechi be sworn in as governor. It was what the lawyers call locus classicus. It was unprecedented for someone who did not campaign to be declared winner of the election and be asked to be sworn in ‘immediately’. The apex court reasoned that when people vote at elections, they are no

Nigeria has had 16 Presidents and Heads of State since independence in 1960. Each of them has contributed incrementally to nation building. However, while we are not where we were at independence we are not where we ought to be in the comity of nations. We failed to meet any of the eight Millennium Development Goals set by the United Nations and we are not on course to meeting any of the 17 Sustainable Development Goals barely six years to the end date in 2030. We have set many targets such as Health and Education for All by 2010. Vision 20:2020 was to make us part of the twenty most industrialised countries by 2020, however, they all turned out to be a mirage. The Tinubu administration which kick started 16 months ago came with the mantra of eight broad Renewed Hope Agenda. Unfortunately, with the rising cost of living occasioned by the removal of subsidy from petrol and the floating of the naira which is our national currency, Nigerians now live in an Hobessian state painted by the

  “The world is witnessing and benefiting from the can-do spirit of the Nigerian people, our massive intellectual capacity, and our enterprise and industry in all vocations, from arts to science, technology to infrastructure. The dreams that our founding fathers envisaged are still a work in progress. Every day, we put our hands on the plough, determined to do a better job of it.” – President Tinubu in his 64th independence anniversary speech yesterday, October 1, 2024. I listened to the 22-minutes’ national broadcast of President Bola Tinubu yesterday. While it had some soundbites and generally updated the citizenry on the state of play about our country, it fell short of the expectations of many compatriots. Before I address the missing gaps, here are some of the highlights of the president’s second independence day speech since inauguration on May 29, 2023. On the security front, the president said his administration is winning the war on terror and banditry. He said the target