Osun State Governor, Ogbeni Rauf Aregbesola, an exemplary gentleman, in this interview conducted by Huhuonline.com publisher, Emmanuel Emeke Asiwe and Managing Editor, Valerian Agbaw-Ebai bares his mind on mind-boggling issues bothering on his challenges in governance vis-a-viz his performance amid criticism, security in Northern Nigeria and many other national issues.
Huhuonline.com: For about a year, you ran Osun State without a cabinet. Is this an innovation in governance?
Rauf Aregbesola: No, it was not up to a year, I was sworn in November, 2010 and constituted my cabinet in August of 2011. It was about nine months. I ran the government without a cabinet because we had no money to pay wages. The state was bankrupt; I inherited an N18.3bn debt overhang. The debt overhang would not have been an issue if it were not a short-term debt with stringent terms. Every month for the state to meet its wage bill, the state had to take N1bn loan to augment whatever was left in terms of its revenue to settle salaries and wages. That was the state we met and; because of my commitment to the large pool of unemployed youth, I had to do something.
Rather than hold on to that critical need, I moved on the implementation of my youth empowerment programme and postponed the composition of the cabinet.
Please before you go further, ask yourself, is there any time line for cabinet composition in an executive government? For parliamentary system of government, of course there can`t be a government without a composition of cabinet. But in the executive government structures, it is usually unnecessary
Utilizing the same latitude the constitution provides, I was busy reorganizing my finances to meet pressing needs and critical programmes such as the youth empowerment scheme and again sufficiently building up reserve with which I will prosecute other important progammes as well as fund cabinet.
Cabinet is not just gathering of people, whether competent of incompetent. In my own case, I took time to select competent people. It is constituting a body; it is having the resources to make them do what they are supposed to do in government and provide them the wherewithal to serve in their respective positions. That, we struggled to do, which aided their performance when they were sworn in 12th August 2011.
Huhuonline.com: Your plan to introduce Ifa studies in secondary schools in your state has enraged parents, many of who now want to withdraw their wards from public schools. How do you plan to address this?
Rauf Aregbesola: First of all, I will not engage on religion, because when you reduce issues to emotions, not much is gained. You should therefore run away from sentiments and emotions. Religion is sensitive, emotive and could be sensational, to that extent I will not go into but I will answer your question. Before assuming office, I told the people that we would be fair to all manners of men. In my oath of office, it is so clear, it is constitutional that whoever occupies the position I occupy must shun discrimination of whatever nature, that is summarizing it. That particular line in the constitution says you should be fair to all manners of men regardless of any distinction be it gender distinction, shift distinction. You swear.
You must swear as part of oath of allegiance and duty to the people to be fair to all men. The question we must ask ourselves is, are there people in Osun State who are adherents of Ifa? We have to be careful when these issues come up. Don’t reduce it to religion. My religion does not accept Ifa, I don`t patronize Ifa. But the question we must ask ourselves are there people in Osun who are adherents of Ifa, if the answer is yes, then we ought to be careful. They are citizens; they are not sub citizens. They are full citizens deserving recognition, including government support just as you have Christians, Muslims, and atheists, who don’t believe in anything.
What do you call discrminatiom? Discrimination is conscious act against the interest of somebody who is equally recognized by constitution to have what you are denying them. I want to see the injury to anybody if as I have done, we recognize the rights of others.
Today in Osun, we recognise traditional religion in all official functions, so when a Muslim prays, a Christian prays also; traditional worshipers also pray. Initially it was offensive to the two dominant religions. But later they got to understand that it was indeed hypocritical for any government produced by plurality of votes to limit recognition of faith to just two. In the same manner, we are not forcing anybody in private institution to study anything.
What we are simply doing to the extent public school is for all those who believe in God and those who don`t believe in God- Those who worship God through Christian method and those who worship God through Muslim method and those who worship traditionally. It is our duty to allow them to worship the way they choose to worship and have knowledge of how they worship.
The question I expect from you and several other media practioners is, are we making Ifa studies compulsory? The answer is no. Just as we are not making the study of the Bible compulsory or study of the Quran compulsory. We can`t make study of Ifa compulsory. It is optional!
Can anybody legislate faith? When people talk I just laugh. If up till now in Nigeria. CRS( Christian Religious Studies) and IRK(Islamic Religious Knowledge) are not legislated in public schools, why would Ifa be legislated in schools.
We tend to glamorize rubbish- by seeing issues in their clear and reasonable perspective but attempt to confuse what has been done. CRS has been on for as long as we have had western education. Same with the IRK. But no government has ever given recognition to traditional religious studies. Thus we don’t even have teachers to teach Ifa religion.
All we have done is develop a system of electronic learning, in the system we have all examinable subjects that are taught in High School in Osun. This includes CRK, an examinable subject, and IRK, another examinable subject.
Besides those examinable subjects, the only other place you can have any semblance of Ifa knowledge is in Yoruba. There will be some mention, reference to Ifa but there is no exposure to Ifa. CRK as a subject is distinct from Bible. You may say Bible is the source. There is no doubt about that. IRK has its source from the Quran, but its distinct from the Quran.
For those who want to know about Ifa, we have provided a reference material in the “tablet of knowledge.” just like we did with Bible and Quran.
In the usual annual prayers, we have been having in Osun, one of the priests raised the issue of recognition of traditional religion and I informed him that it not just a question of recognizing traditional religion, we have in the “tablet of knowledge” that we shall be distributing Quran, Bible and Ifa.
That does not mean that Ifa is made compulsory; it is an elective, it’s uploaded in this electronic device for whoever cares to know read about it.
Ifa religion is morals- the course content are importance of patience, importance of money, sex education, roles of language in society, dangers in polygamy, awareness and appreciation of God.
Religion is a touchy subject. In our society are people who do nothing but worship Ifa, just as you feel about your own religion, they too feel bad that their children are taught CRK and IRK. If we want to strip it of any arrogance, what is it that gives one the right to think his religion is superior to others? It is bigamy, prejudice conditioned and forced by those who have been managing our affairs. We cannot be so enslaved for life.
I am Muslim, my religion tells me it is the only religion, only way of life. The question which we should ask ourselves is, is that permitted in modern civilized society? The answer is no. No matter how hard I feel about my religion, I can only have such say for myself. I can’t impose it on you. That is the ethos of modernity that is civilization; that is what we call socialization in modern time: accommodation and acceptance of differences between you and the other. If that becomes relevant, we must be able tolerate those with varying opinions on faith. You don’t have more rights than the man who does not believe anything. What must not be done to you is for your child to be compelled to study Ifa. At that time, you must say no, because it is against your belief. So also it is against the belief of Ifa adherents to have their children forced to learn Bible or the Quran.
Huhuonline.com: Can we say, the governor has taken in terms of public policy, take the least common denominator and say ok, this issue is controversial and heat up the polity, let us take way religion whether western or indigenous out public space.
Rauf Aregbesola: Listen, If we remove the study of IRK and CRK, there will be more hoopla. It may be difficult for you to accept, but your mind tells you this man is telling you the truth. What is called civilization? It is matured relationship. That is the capacity to absorb the nuances and excesses of the other man without taking offence because you know in the public space you have the right. Somebody can be Agnosium, It unethical, unhealthy, but the best you can is to move away from him. I had to make that point to know that what is called civility is the ability to accommodate others. The point I’m trying to make is, what is it is about Ifa that offends so badly?
Ifa teaches about the importance of patience. Let’s read what it says: “In Yoruba traditional religion, patience and perseverance in every human endeavor is held in high esteem. They believe that for one to excel in life one needs to endure a more challenging encounter to one’s journey to success.”
If indeed governance is about creation of awareness, popularization of culture, promote accommodation of differences, I think it perfectly in order to allow students know their culture very well and not screened of an aspect of their lives, that is as relevant to them regardless of their faith.
Huhuonline.com: Your Excellency, you seem to court controversy. Recall that you were in court for three years, trying to reclaim your mandate; you were accused of masterminding a bombing; and more recently, you were alleged to have ties with a radical Moslem group linked with the Boko Haram Islamist sect. Do you actually have ties with Boko Haram?
Rauf Aregbesola :You claimed that I have been linked with radical Islam, How? I won a popular mandate. Even going by your own admission, which I say is false. How can somebody win a popular mandate if he is identified with a radical sect, which is in the minority? When was the phenomenon of Boko Haram? When was my mandate? Boko Haram became a phenomenon in 2009, I ran for office in 2007. So where is the link?
You went further to say I was linked with a bombing incident, honorably speaking, nothing can be more fallacious; there was no such thing anywhere; they’re just your own fabrication. And I want to appeal to people in the media that it is in our collective interest to take pain to crosscheck our facts before putting them in public domain, because once they are in the public domain they are permanent; because we do not want misinform the public. This is high responsibility, which we must all seek to be conscious of before we launch out, otherwise we will be injuring people unnecessarily while propagating rubbish and falsehood. But I will put the issues in context. Rauf Aregbesola is confidently and unpretentious a Muslim. And that is a right I have, just as very one the right to bear the faith they profess.
Rauf Aregbesola, however, from school, had always proclaimed the amiable right of everybody to freely profess their religion and on that ground I can lay down my life to ensure that nobody is disallowed from professing his religion. I don’t understand anything that we mean by radical Islam; criminals are criminals, whether they are Christians or they are Muslims. A criminal is a criminal. Whoever takes life for any reason either in the course of posolisation or robbery for material gain is a criminal and must be seen as such. That you must understand and that you must see from the fact that I will defend the right of anybody to profess their faith
Thirdly, it is unfortunate that we are very quick to hold on to allegations even when several statements have been issued to debunk those allegations. You read the allegation that I was sponsoring radical Islam, One will like to you to equally make reference to our rebuttal to the allegations.
Huhonline.com: That is why we are giving you this opportunity.
Rauf Aregbesola: If you have read it, you will not even bother asking such questions, because SSS denied issuing that statement. I went to the DG of SSS and said to him, I read this about my person, please for goodness sake, let me have your proof. And he asked me, did I ever contact you that any such statement was made? So why are you accusing us.
I was interviewed in the premises of SSS, and I told the world that the SSS Czar denied issuing such statement.
Huhuonline.com: Excellency, The SSS lie a lot !!!
Rauf Aregbesola: Why was that statement issued? We told the world! Our opponents, believing that if were so stigmatized, it would help them, went about the campaign of calumny, submitting falsehood. We did not stop there; we told the whole world that a man that will accused of Islamisation must be seen in its total form. I have cabinet of 36 members. Cabinents are not formed by elections, cabinets are formed by choice. So a man interested in Islamazation will surround himself with muslims. I have six Muslims among 36 cabinet members. I had a choice when I was running to pick a Muslim as my running mate; I picked a fire brand Christian as running mate, a member of Mountain of Fire and Miracles. That is not all, we have 26 members in the state house of assembly, 10 or less are Muslims.
Huhuonline.com: Your Excellency, Assembly members came in by elections, anyway.
Rauf Aregbesola : Listen, now, you will say that the man wanted to run a faith-based government. You know I am the governor, don’t miss it. Don`t forget I was already a governor before they were elected, before they even ran for the election. Don`t try to reduce the impact of my influence if I wanted to do otherwise. I became a governor in 2010, Assembly election was 2011. I had enough time. Don’t ever gloss over it, please, it is important, because when you want to tell people that I am simply mischievous, you can`t just close it down. If you do, you are mischievous, too.
We have 31 executives at the local government level, sworn in by me, as caretaker committee members, only 10 are Muslims. When you now sum this up, where then is the meat of this allegation? Probably what they are telling you.
Huhuonline.com: It is what we read.
Rauf Aregbesola: What they are telling you, you now take hook line and sinker, in a clime where it is almost a crime to appear as Muslim, I do with relish. In a clime where public office is already seen as a caucus for conformity, a non-conformist is there, who does not give any nonsense about his own faith. I therefore appear in the public sometimes as traditional Yoruba person, sometimes as a Muslim. I concede to others the right to be who they are within the law. I think I have a right to be who I am within the law. That is all.
Huhuonline.com: Do you wear your religion on your sleeve?
Rauf Aregbesola: What makes you think you don’t wear yours on your sleeve?
Huhuonline.com: I don’t hold public office, you are the governor.
Rauf Aregbesola: (Laughter) everything about me is liberal, unless when you want to be openly mischievous.
You met me yesterday; did anything suggest to you that I am a fundamentalist? Nothing, it is a question of perception and the impression you want to have. I said there can’t be a more determined advocate of accommodation than me. In all public statements and outings, I tell people that what you call life has no other definition than service, and service has no colour of religion or colour of nationalism, either ethnic or general nationalism. Service is service, so if that is my ethos, which I preach, which I live by, which I demonstrate, where is this absolute falsehood of somebody being what he is not.
This is not my first time in public office. I was in public office for eight years; I have not changed a bit, in either my public appearance or attitude. I have been like this. I appear in the way that I believe is best suited, for as long as it does not offend the laws of the land. I want to believe just I expect of others; I want to believe everybody has the right to live by his own code, which does not offend the general code of society. I don`t know how well I have responded to you.
Huhuonline.com: In the last presidential election, your state voted against President Jonathan, despite your party`s stance, which made it possible for the presidential candidate of the ruling party to win the presidential election in all ACN-controlled states. What informed this decision, and if the same scenario reoccurs in 2015, will you tow the same line?
Rauf Aregbesola: I don’t know where got you this information from, Can you let me have the categorical endorsement of Jonathan by the ACN. There was no open or secret endorsement of President Ebele Jonathan by my party. My party fielded a candidate, and what we did in Osun was to tow the party line. People must not forget that National Chairman of my party, Chief Bisi Akande is from Osun and sensitive and all important election like that it will have been difficult for the party not to give total support to the most senior person, to the highest leadership of the party as exemplified by Chief Bisi Akande. So without any doubt or cause to want to reduce the decision of the party in Osun as well as the overwhelming support that the party enjoys, I want to tell you that we simply voted for our party to justify the level of popularity that we enjoy in the state.
Huhuonline.com: What is your take on the present security challenge in Nigeria? what does Nigeria needs to overcome the security problems, particularly in the North?
Rauf Aregbesola: In all my public statements on the instability in Northern Nigeria, I have all ways been very didactic. When you are didactic about a thing, you are not just superficial. I have spoken at two public events, specifically on the challenges of security in Northern Nigeria. I said that in any environment where disparity exists in the economic status of the people there to the extent that some have more than what they need and a large majority wallow in poverty, unless you bridge the gap, tension, social tension crisis and all sorts of criminality cannot be avoided.
Today, the insurgency in the North is such that we must embark on an immediate youth empowerment programme that will remove the social base for the recruitment of disempowered, disaffected, angered youths that readily gravitate to the misdirected sponsors of the violence. That was why rather than go about forming cabinet even in my own state, in spite of my challenges in funding I pursued aggressively Youth empowerment and I am the first government in the history of Nigeria to develop mass youth empowerment programme that engages 20,000 able-bodied, educated unemployed youths. The programme has been adjudged as the best social safety net by the World Bank. When I began that, am still talking about that, I expect social commentators to readily link my position on the economy and the consequences of solving the economic ethos in the Nigerian polity as the antidote to removing the tension, instability and insecurity.
 |
|
INEC Removes 1.6m Invalid Voter Records, Fingers 54 Officials in Registration Scandal
The Independent National Electoral Commission (INEC) has removed 1,608,660 invalid voter registrations from Nigeria’s preliminary voters’ register following a nationwide verification exercise ahead of the 2027 general elections.
The commission also disclosed that 1,749 records belonging to deceased persons had been identified and removed, while 54 individuals across ten states were implicated in alleged violations of established voter registration procedures.
INEC Chairman, Prof. Joash Amupitan (SAN), announced the development on Monday during a briefing with journalists on the outcome of the review of the preliminary register generated from the 2025/2026 Continuous Voter Registration (CVR) exercise.
Amupitan said the commission received 11,088,238 registration records from the three phases of the exercise but subsequently uncovered millions of questionable entries during its verification process.
He explained that the commission’s Automated Biometric Identification System initially flagged 1,545,052 records for further investigation, stressing that the automated flagging did not automatically invalidate the registrations.
According to him, 1,277,052 registrations were confirmed invalid and excluded before the preliminary register was published.
The commission subsequently reviewed additional cases following complaints, claims and objections submitted by Nigerians during the seven-day public display of the register between October 9 and 15.
Amupitan said 268,000 cases were subjected to adjudication, resulting in 217,722 registrations being declared invalid and removed, while 50,278 were cleared and retained.
He added that further screening identified another 113,886 invalid registrations, bringing the additional removals to 331,608 and the overall number of invalid records removed to 1,608,660.
The chairman said the exercise also uncovered serious irregularities involving duplicate registrations, suspicious photographs, unusual names and entries belonging to deceased persons.
He disclosed that INEC’s technical assessment revealed deliberate attempts to circumvent established registration procedures, including the misuse of provisions designed for exceptional registration circumstances, particularly those relating to persons with disabilities.
“Fifty-four persons across ten states have been identified as complicit, and necessary disciplinary action will be taken against them, including possible prosecution,” he said.
Amupitan said the affected records had been identified and subjected to verification and remediation, while personnel allegedly connected with the infractions had been marked for further administrative investigation.
He, however, warned that the latest clean-up had not completely resolved the integrity concerns surrounding the national voters’ register, noting that several irregularities predated the latest registration exercise.
According to him, many of the complaints involving multiple registrations and suspicious photographs circulating on social media relate to historical records captured between 2011 and 2023.
He explained that the national register had evolved through successive registration and continuous voter registration exercises since 2011, with biometric and demographic information captured using different technologies, operational arrangements and quality standards.
Although the register had undergone previous cleansing and biometric comparisons, he said significant historical integrity concerns remained and required a systematic response.
The INEC chairman also clarified that the commission’s decision to postpone its proposed nationwide voter revalidation exercise until after the 2027 elections did not suspend its existing mechanisms for identifying and removing invalid registrations.
He said the commission had resolved to address outstanding duplications in the historical register, directing that records flagged through public complaints and obvious cases identified internally should be removed after proper verification.
The clean-up followed public outrage over alleged irregularities in the preliminary register, with some Nigerians and civil society organisations questioning the credibility of entries containing suspected artificial intelligence-generated photographs, duplicate identities and records of deceased persons.
Citing Section 19(2) of the Electoral Act, 2026, Amupitan said INEC was required to receive and consider objections, claims and complaints submitted by members of the public following the display of the preliminary register.
The commission is expected to publish the cleaned-up National Register of Voters in December ahead of the 2027 general elections.
News
Elumelu: Africa’s Next Growth Story Must Be Owned by Africans – and Women
Africa’s next economic transformation must be financed by Africans, driven by private enterprise and powered by women, Tony Elumelu, Chairman of Heirs Holdings, has declared.
Delivering the keynote address at the 25th Annual Conference of the Women in Management, Business and Public Service (WIMBIZ), Elumelu challenged African business leaders, investors and policymakers to move beyond conversations about the continent’s potential and take ownership of its economic future.
“The world needs what Africa has,” he told delegates, insisting that the continent’s greatest asset is not its oil, lithium, agricultural land or mineral wealth, but its people.
And women, he argued, represent one of Africa’s most underutilised economic assets.
Speaking on the conference theme, _“Rooted, Rising, Ready: Born in Africa, Built for the World,”_ Elumelu identified African capital formation, reliable electricity, industrialisation, regional trade and strong institutions as critical pillars for unlocking the continent’s economic opportunities.
He also delivered a pointed message to corporate leaders: Africa cannot compete globally while systematically underutilising half its talent.
Africa’s opportunity – and the ownership question
Elumelu described Africa’s demographic advantage, mineral resources and expanding consumer market as one of the greatest commercial opportunities of the century.
By 2050, the continent’s working-age population will have expanded significantly, positioning Africa as a major source of global labour, consumption and economic growth.
But he warned that natural resources and demographic advantages alone would not deliver prosperity.
Drawing comparisons with Singapore and South Korea, he argued that economic transformation comes from building institutions, developing human capital and converting resources into productive industries.
He identified three major constraints holding Africa back: inadequate electricity, limited domestic value addition and insufficient investment capital.
“Factories cannot run without electricity. Hospitals and schools cannot function without it. And the AI economy everyone is talking about has two basic ingredients: power and connectivity,” he said.
On industrialisation, he challenged African countries to stop exporting raw commodities and importing finished products.
“Why ship raw lithium, raw cocoa, raw crude out of this continent? Refine it. Process it. Brand it. Then sell it to the world.”
He said Africa must transition from being a supplier of raw materials to becoming an active participant in global value chains.
African capital must finance African businesses
A central message of Elumelu’s address was the urgent need to mobilise domestic savings and institutional investment to finance African enterprises.
He argued that aid, while historically important in supporting vulnerable populations, cannot substitute for investment capable of creating businesses, jobs and ownership.
“The future is investment and trade, not aid,” he declared.
He called on African pension funds, insurance companies, banks and family offices to increase their investment in businesses across the continent.
However, he stressed that capital formation requires a supportive business environment, consistent economic policies, trusted financial institutions and growing domestic savings.
“Africa will not just offer solutions, but finance those solutions,” he said.
Citing Heirs Holdings’ investment in Seplat Energy, the London- and Nigerian-listed energy company, Elumelu highlighted the potential of African investment to create value for African investors.
He noted that Seplat’s share price had risen from approximately £3 to £9 since his investment, with its market capitalisation reaching about $7 billion at the time of his address.
He also referenced Aliko Dangote’s efforts to mobilise African retail investors around the proposed Dangote Refinery public offering as evidence of growing domestic participation in major African businesses.
For Elumelu, the objective is clear: African capital must increasingly finance African ambition.
The $120m investment in African entrepreneurs
Making a strong case for inclusive economic growth, Elumelu presented the results of the Tony Elumelu Foundation, which he co-founded with his wife, Dr Awele Elumelu.
Over 15 years, the Foundation has deployed more than $120 million in seed capital to 24,633 entrepreneurs across all 54 African countries.
Women account for 48 per cent of beneficiaries.
According to Elumelu, these entrepreneurs have collectively created more than 1.5 million jobs and generated over $4.2 billion in revenue.
He emphasised that the Foundation's selection process is merit-based, with entrepreneurs assessed on the quality of their business proposals rather than gender quotas.
He highlighted three women whose businesses demonstrate the commercial impact of relatively modest seed investments.
Princess Adeyinka Tekenah received $5,000 in 2015 and built Happy Coffee, an integrated coffee business sourcing beans from women farmers in Taraba State. Her enterprise has created more than 1,000 jobs and is positioning itself as a potential publicly listed Nigerian coffee brand.
Olamide Ayeni-Babajide, another $5,000 beneficiary in 2016, built a recycling enterprise focused on converting tyre waste into commercial value. Her business has recorded more than twenty-fold revenue growth and trained 15,000 people, most of them women and girls.
Nkem Okocha used her $5,000 seed funding to build Mama Moni, a financial technology social enterprise providing access to finance for low-income female entrepreneurs in rural and urban communities.
For Elumelu, their achievements reinforce a fundamental economic argument: women are not merely beneficiaries of development; they are drivers of enterprise, employment and wealth creation.
He disclosed that 265,529 young Africans applied to the Foundation's entrepreneurship programme this year, but only 3,200 could be funded.
That means just one in every 83 applicants received support.
The scale of unmet demand, he argued, exposes Africa's real problem.
“It is not a shortage of entrepreneurial talent; it is a shortage of capital.”
Women must move from participation to ownership
Elumelu also challenged corporate Nigeria to accelerate women's representation in executive leadership and boardrooms.
Using his own business group as evidence, he highlighted the leadership roles occupied by women across Heirs Holdings and its portfolio companies.
His wife, Dr Awele Elumelu, co-founded Heirs Holdings and chairs several businesses, including Avon HMO, Avon Medical, Heirs Insurance Brokers, Transcorp Hotels and Heirs Energies.
He also cited Owen Omogiafo, whom he supported for appointment as President and Group Chief Executive of Transcorp Group in 2020, making her the first woman to lead the conglomerate.
Under her leadership, he said, Transcorp strengthened its presence in power, hospitality and energy.
Following her elevation, Uzo Oshogwe became Managing Director and Chief Executive of Transcorp Hotels, while Awele Elumelu serves as chairperson.
He further highlighted the leadership of Somachi Chris-Asoluka at the Tony Elumelu Foundation, alongside other female executives across the Heirs Holdings portfolio.
At UBA Group, he pointed to women leading subsidiaries and regional operations across several African markets.
His message to business leaders was direct: appointing women to leadership positions should be driven by competence and commercial performance, not public relations.
“Women’s economic leadership is not a concession to fairness. It is a requirement for competitiveness,” he said.
“No serious economy can afford to systematically underutilise half its talent.”
Intra-African trade: The next frontier
Beyond investment and women's economic participation, Elumelu identified regional integration as another critical driver of Africa's growth.
He lamented that moving goods from Lagos to Liverpool can be easier than moving them from Lagos to Luanda, reflecting the persistent infrastructure and regulatory barriers limiting intra-African commerce.
He called for greater investment in roads, railways, ports, payment systems and efficient customs procedures to make the African Continental Free Trade Area commercially meaningful.
African businesses, he argued, must begin to see the continent as their natural home market rather than remain confined by national boundaries.
He cited UBA's expansion into 20 African countries as evidence that cross-border African business is achievable.
“We cannot build a continental market merely by signing documents,” he said.
He called for African banks to finance regional expansion, manufacturers to develop cross-border supply chains and technology companies to build solutions that serve the entire continent.
Strong institutions, stronger economies
On governance and institutional development, Elumelu said investors consistently assess markets based on the reliability of contracts, predictability of regulation, effectiveness of the courts and availability of infrastructure.
“Capital goes where it is safe, and it stays where it is respected,” he said.
He urged African governments to focus less on international investment roadshows and more on creating the conditions that attract and retain capital.
But he also challenged the private sector to accept responsibility for building strong institutions.
Businesses, he said, cannot demand accountability from governments while tolerating poor governance within their own organisations.
Paying taxes, publishing accurate accounts, promoting employees on merit and maintaining effective corporate boards are all part of institution-building.
'Do not wait'
Concluding his address, Elumelu returned to the central message of the WIMBIZ conference: the geography of opportunity is changing, and Africans must take ownership of that transformation.
He urged women entrepreneurs and professionals to pursue leadership, deploy capital, build businesses and create opportunities for the next generation.
“No one but us will develop Africa. Not the donors. Not the multilaterals. Not the partners, however welcome they are. Us.”
Addressing younger women in the audience, he challenged them to see themselves as the next generation of corporate leaders and business owners.
He also called on WIMBIZ to make its next 25 years even more ambitious, arguing that while advocacy had helped women gain access to decision-making spaces, capital was now essential to moving them into positions of ownership and influence.
“Advocacy got women into the room. Capital will get them to the head of the table,” he said.
His closing message captured the central argument of his address:
“Born in Africa. Built for the world. The world needs what Africa has. And what Africa has, more than oil, more than lithium, more than land, is you.”
Editorial note: Before publication, I recommend verifying the Seplat share-price and market-cap figures, the Foundation's cumulative funding and impact statistics, the 2026 application figures, and the executive titles and production figures. These are material business claims and should be independently substantiated.
Business
In The Spotlight
2027: Is Tinubu Fit to Run? The APC's Evasive Response to Nigerians' Questions
When the health of a sitting president becomes a national political controversy, party propaganda cannot replace public confidence. Nigeria deserves more than political declarations, campaign theatrics and dancing on stage._
There are questions that politics cannot silence. There are concerns that party loyalty cannot bury. And there are national conversations that no amount of political gymnastics can make disappear.
One of them is now staring Nigeria in the face: **Is President Bola Ahmed Tinubu fit to seek another four years in Aso Rock in 2027?**
The question has become so politically uncomfortable that the All Progressives Congress (APC) appears determined to answer it before Nigerians even finish asking it.
Enter Professor Nentawe Yilwatda, the party's national chairman, with a categorical declaration that Tinubu is fit to go. His argument? The President is capable, and his appearance dancing at an APC rally in Akwa Ibom is apparently enough to silence those questioning his health.
But hold on!
Is Nigeria's presidency now a dancing competition? Has the threshold for presidential fitness been reduced to the ability to shake one's shoulders before an enthusiastic crowd? Is the capacity to dance at a political rally the new qualification for governing a country of over 200 million people?
If that is the APC's standard, Nigerians have every reason to be worried.
A dancing president is not necessarily a working president. A smiling president is not necessarily a healthy president. And a president who can mount a campaign stage must still demonstrate the capacity to discharge the enormous responsibilities of his office.
Let us not pretend that the question emerged from nowhere. Tinubu's health and physical capacity have been subjects of public discussion, particularly in the context of his foreign medical trips, public appearances and occasional absence from important political engagements. Such developments have generated questions, speculation and competing political narratives.
But rather than confront the issue with maturity, some voices within the ruling party seem more interested in dismissing the questioners than addressing the underlying concern.
That is a political mistake.
Nigeria is not a private estate belonging to the APC. The presidency is not a party trophy. And the health of the man occupying the highest political office in the country is not an inconsequential subject that can be brushed aside with a wave of the hand.
Of course, Tinubu is entitled to dignity, privacy and the presumption that he is capable of performing his duties. No responsible person should turn unverified rumours into established medical facts. But the public also has a legitimate interest in knowing whether its president can sustain the demands of the office.
There is a difference between invading someone's privacy and demanding accountability from someone entrusted with the destiny of a nation.
The APC chairman should understand that difference.
THE DANCE THAT RAISED MORE QUESTIONS
Yilwatda's reference to Tinubu dancing at the Akwa Ibom rally may have been intended to project confidence and political strength. But it also exposes the weakness of an argument that attempts to answer a serious question with a theatrical demonstration.
Dancing for a few minutes is not the same as presiding over marathon cabinet meetings, confronting national emergencies, managing complex international relations and making consequential decisions under enormous pressure.
The presidency is not a weekend recreational activity. It is a 24-hour national responsibility.
Nigeria needs more than occasional appearances. It needs sustained leadership.
And this is where the APC must stop playing politics with a subject that deserves seriousness.
If the President is fit, the party should have the confidence to address legitimate questions without turning every inquiry into an opposition conspiracy. If the President is capable of another term, Nigerians should be able to evaluate that claim through credible information and his record in office.
Political declarations cannot manufacture public confidence.
BUT IS THE APC RUNNING AWAY FROM THE BIGGER QUESTION?
Perhaps the more important issue is not simply whether Tinubu can contest in 2027. It is what Nigerians are being asked to endorse if he does.
What has the President achieved since May 2023? What has happened to the purchasing power of ordinary Nigerians? Have the economic reforms delivered the relief citizens were promised? Has insecurity been brought under control? Are millions of struggling families better off today?
These are not opposition talking points. They are questions arising from the everyday experiences of Nigerians.
For many households, the cost of living is not a political debate. It is a daily battle. For communities threatened by banditry, terrorism and kidnapping, security is not a campaign slogan. It is a matter of survival.
For unemployed young people, the future cannot be measured by the number of political rallies attended by the President.
The APC must therefore resist the temptation to turn 2027 into a referendum on Tinubu's ability to withstand political criticism. The real referendum should concern his performance, policies, leadership and the future he offers the country.
A second term is not an entitlement. It is a request for another mandate.
And no incumbent, however powerful, should expect Nigerians to surrender their right to question that request.
THE OPPOSITION MUST ALSO BE HONEST
Yet, the opposition should not celebrate this controversy as though raising questions about Tinubu's health automatically disqualifies him from seeking another term.
That would be equally irresponsible.
Political opponents must distinguish between documented facts and speculation. They must resist the temptation to weaponise personal health issues or exploit unverified claims for electoral advantage.
If there are credible concerns, they should be raised responsibly. If there is evidence, it should be presented. Nigeria's political discourse is already drowning in propaganda; it does not need another flood of conjecture.
The country deserves an honest debate, not a political wrestling match over the President's body.
2027 MUST BE ABOUT NIGERIA, NOT JUST TINUBU
There is something profoundly troubling about a political establishment that appears more preoccupied with defending its leader than explaining its record to the people.
The APC chairman can declare Tinubu fit to go. Party loyalists can sing his praises. Supporters can celebrate his dancing, his speeches and his political survival.
But none of these things answers the most fundamental question: What does another four years of Tinubu mean for Nigeria?
That is the question that should dominate the political conversation.
Nigerians must not be distracted by the theatre of political declarations. They must demand a serious account of the administration's performance, its failures, its achievements and its plans for the future.
The President, too, must recognise that public confidence is not secured by the volume of applause at party rallies. It is earned through transparency, performance and the ability to inspire confidence in the country's future.
The APC cannot turn a national question into a party chant. It cannot dance away public concerns. And it cannot expect Nigerians to confuse political loyalty with evidence.
So, is Tinubu fit to go in 2027?
Yilwatda says yes. The opposition has its doubts. Nigerians must assess the available facts without surrendering to propaganda or speculation.
But perhaps the most important question is this: Is Nigeria getting the leadership it deserves?
Because, at the end of the day, the country does not need a president who can merely dance through campaign rallies. It needs one who can confront its problems, shoulder its responsibilities and deliver a better future for its citizens.
Aso Rock is not a dance floor. The presidency is not a talent show. And the future of more than 200 million Nigerians is too important to be decided by political choreography.
In 2027, the real test must be leadership, not theatrics; performance, not propaganda; and accountability, not applause.
The APC should remember one thing: Nigerians are watching. And this time, they want answers, not another dance.
By Emmanuel Emeke Asiwe(EEA), Publisher/Editor-in-Chief
In The Spotlight
US election fallout: Democrats may impede; will they impeach?
For millions of Americans, life under President Donald Trump has become an arduous struggle against the relentless pressures of economic survival. Despite the great promises made by the American president at the advent of his second term cycle, from the cost of groceries to the price of gasoline, from hospital bills to housing payments, the American household is confronting a financial squeeze that political rhetoric cannot wish away.
For these Americans, economic prosperity is not measured by the bullish exuberance of Wall Street but by the ability to put food on the family table without breaking the bank. The ordinary citizen is less concerned about the thunderous declarations emanating from Washington than about the dwindling purchasing power of the dollar in his pocket. No one pays mortgages with presidential proclamations or settles hospital bills with partisan propaganda. Ordinary Americans cannot eat political promises on the dinner table. It was in anger and frustration that the people went to the polls last Tuesday to demand a change in the disturbing dynamics of government as Trump faced significant dissatisfaction over his handling of the economy, immigration, healthcare, foreign policy and presidential power. The midterm election was effectively a referendum on Trump’s second term as president. The American President became the central issue.
Many Americans believe their cost of living has not improved under his leadership. In his second coming as president, Trump had promised economic improvement, but many voters feel that the benefits have not reached their homes.
And then came the war with Iran. Many nations around the world largely agree that Iran must not have a nuclear weapon. But as millions of Americans grappled with the excruciating pressures of economic survival, the war with Iran became the isolating icing on an already crumbling economic cake. It was a military adventure that threatened to estrange America from its international partners while deepening disaffection among citizens at home. At a time when ordinary Americans were demanding economic succor, Washington appeared more preoccupied with flexing military muscles abroad than alleviating financial misery at home. Voters questioned the human, financial and strategic costs of the war with Iran. Others worry about continued military involvement abroad. Many believe that the war was not worth its cost.
Although border security remains popular, critics argue that Trump’s immigration enforcement has become excessively aggressive. Americans were increasingly repulsed by the implementation of Trump’s hardline immigration policies. Armed to the teeth and operating under the banner of national security, the sight of gun-toting immigration enforcement agents stirred outrage and apprehension across communities. They became symbols of fear as fatal encounters raised haunting questions about whose lives were being protected and whose were being imperiled. Reports of eerie encounters involving federal immigration personnel intensified public anger, raising disturbing questions about excessive force, constitutional protections, and the sanctity of human life. What was ostensibly designed to secure America’s borders became a troubling spectacle of fear, intimidation, and government overreach in the eyes of many critics.
Many Americans believe Trump has exercised presidential authority too aggressively and worry about democratic institutions, accountability and checks and balances. Trump’s frequent confrontational rhetoric and political approach were seen as divisive, and his leadership perceived as provoking national polarization and divisiveness.
On Tuesday, Democrats tore through the seemingly impregnable, ironclad strongholds of the Republican Party. From Maine to Mississippi, from Texas to Kansas, the electoral landscape trembled under the weight of an extraordinary inevitable political revolt. An unmistakable message was sent that affordability matters, putting food on the family table matters, keeping businesses afloat matters, and economic survival matters more than partisan grandstanding and presidential garrulousness. The election produced astonishing upsets, shattered longstanding political barriers, and rewrote chapters of American electoral history. In Georgia, Keisha Lance Bottoms became the first Black woman ever elected governor of an American state. In my backyard of Wisconsin, David Crowley made history as the state’s first Black governor. In the Republican bastion of Texas, Gina Hinojosa shattered another political glass ceiling, becoming the first Latina elected governor of the Lone Star State.
And the political earthquake did not stop there. In Texas, James Talarico demolished a Republican stranglehold on a US Senate seat that Democrats had not won in nearly four decades. The young Democrat garnered more than five million votes, delivering a stunning rebuke to a political establishment that had long considered Texas an impregnable Republican fortress.
These were not ordinary electoral victories. They were political thunderbolts reverberating across America’s political landscape and rattling the foundations of Republican dominance. Americans may tolerate political theatrics for a season, but when economic hardship begins to threaten their survival, even the strongest partisan loyalties can buckle under the weight of daring discontent and strangulating disenchantment.
The ballot box became the battleground where economic anguish overwhelmed political allegiance, and the once-impregnable Republican fortresses crumbled under the weight of metastatic malcontent.
Will Democrats use their newly acquired congressional power to impeach Trump, impede his agenda, or improve the lives of struggling Americans? Under the US Constitution, the House needs only a simple majority to impeach a president. The Senate requires a two-thirds majority of senators present to convict. Why would Democrats bother impeaching President Trump when they know they are unlikely to secure the 67 Senate votes necessary to convict and remove him? Why embark on an impeachment voyage when the destination is already known? If the Senate cannot muster the votes to convict, is impeachment a constitutional necessity, a political spectacle, or merely an exercise in legislative futility? Perhaps the opposition would accomplish more by checking presidential excesses than by chasing an impeachment conviction it cannot secure. Democrats must decide whether their priority is to punish Trump’s alleged misconduct through constitutional proceedings or to constrain his policies through congressional oversight and legislative power. The power of the purse is one of Congress’s most formidable weapons. Under Article I, Section 9 of the Constitution, federal money generally cannot be withdrawn from the Treasury without appropriations authorised by law. A Democratic-controlled House could refuse to approve funding for certain Trump administration initiatives, demand spending restrictions, or negotiate changes to federal programs. Democrats could refuse to pass Trump’s proposed legislation on taxation, immigration, energy, healthcare, and other domestic policies.
A president can win the White House and still lose the legislative cooperation necessary to implement his agenda. A Democratic House could investigate alleged misconduct, conflicts of interest, misuse of public funds, or questionable administrative decisions. Such investigations could expose problems, generate public pressure, and force the administration to defend its actions. Congressional Oversight does not require impeachment. Committees could examine the activities of federal agencies, investigate implementation of executive orders, and question cabinet officials about their policies. Will democrats choose only to impede Trump’s agenda but not impeach the president? We keep our fingers crossed.
By Fola Ojo