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Germany-based CEO traces Nigeria’s recent hardship, hyper inflation to Subsidy removal

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***Advices Tinubu to carry Nigerians along in driving his policy objectives
***Describes Author of Tree of Life as someone who went overboard to achieve her dreams

The CEO of Telesource GmbH, an IT company based in Frankfurt, Germany, Dominic Akahan has advised the Nigerian Government to be less aggressive in its approach to policy formulation and execution as it may be counter productive like the Fuel subsidy removal has proven to be.
President Bola Tinubu at inauguration on May 29th, 2023 as President of the Federal Republic of Nigeria had announced the removal of Fuel subsidy which triggered inflation that has visited untold hardship on Nigerians.
He spoke at the a book Launch with the Title, The Tree of Life, My voyage of Bravery, Development and Acceptance, authored by Stephanie Seember Mwese Zape-Kurschat, over the weekend in Abuja.
Explaining the aftermath of the inauguration day declaration that Fuel subsidy is removed, Akahan said
“When the President was sworn in, we expected that this oil subsidy removal would take a gradual step but all of a sudden, we woke up and heard that the fuel price has increased to whatever, and oil subsidy has been removed of course there will be inflation.
“That is a trigger for inflation, and indeed it triggered inflation. Nigerians today are also the architect of their problems because when such things happen, they make things even worse for themselves.
“You go to the market today, a market woman that doesn’t even import items has increased her prices in geometric pattern, the taxi man on the street had blown the price up, which is understandable.
“Those are the things we were looking at in leadership. That is why the previous leaders did not do that aggressively. Mr. President is on a good road.
However, he advised that whatever the case may be, Tinubu should also think of human capital development, and develop human capital, just like the Europeans and the Americans do.
According to him, Nigerians are easy to manage because they don’t really protest.
“Abroad, they would have hit the streets, burned down everything. Try that in Paris. That’s what they would do. But we thank God that we are patient people. And patience goes a long way.
“So this is not a criticism on the government. It is just a little advice from my own perspective that some things should be done step by step and involve people, educate people, let them know where we are going, because as of today, some people don’t know why the subsidy was removed and where is Mr. President going.
He said there is need to educate the populace because “If you let people know where you are going, they will align with you. Because this is like a change, transformation. If you transform a scenario and people do not align with your concept, then, the transformation is dead on arrival.
On the Book Launch he said the author is his adopted daughter whom he took to Germany for treatment and has overcome her challenges.
“I followed her milestones, her obstacles, and how she was able to manage some of the things that she encountered in life. And then her illness.

“Stephanie is somebody I brought to Germany and I had a reason for bringing her to Germany and the reason is today justified.
“As you see a beautiful girl walking around here. She has encountered various obstacles in life but had managed to come out successfully.

“Stephanie is somebody that will go overboard to achieve her objectives. And I have always cherished that in her, because looking at where she came from and what she has achieved today, you realize that this is a young girl that has actually crossed so many rivers, turbulent rivers.
“And She swam through these rivers and wasn’t eaten by a shark. So whatever the case may be, I cherish her a lot. I admire her a lot as my daughter.
“I don’t have a daughter, so she’s adopted as a daughter.
Akahan said he has assisted over
200 Nigerians from this country to Germany for treatments adding that when her issue came up, and he was approached that he should help, he didn’t waste any time.
Stephanie said she had been through four brain surgeries that all had 50-50 chance but God delivered her from them all as she has been healed and hence decided to put down her experience for others to learn.
The 310 paged book unfolds the remarkable journey of a young Orphan girl who hails from Gboko LGA in Benue State.
Within the lines, her life story unravels, chronicling her part from childhood to adulthood, navigating through personal trials, triumphs and the pursuit of her dreams.

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Edo Governor Joins National Economic Deliberations

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Edo State Governor, Senator Monday Okpebholo, attended his inaugural National Economic Council (NEC) meeting on Thursday at the State House Council Chambers in Abuja.
The session was presided over by Vice President Kashim Shettima.

The NEC serves as a vital forum for state governors, deputy governors, and the federal government’s economic team to discuss and address key economic challenges.

In a gesture to mark his first appearance, Governor Okpebholo was invited by Vice President Shettima to lead the opening prayer after the national anthem.

This event underscores Edo State’s active commitment to collaborating on national economic policies and driving solutions for Nigeria’s progress.

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At Achebe Forum, Obasanjo Labels Nigeria a ‘Failing State’ Criticizes Tinubu’s Leadership

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Olusegun Obasanjo

Former President Olusegun Obasanjo has expressed sharp criticism of President Bola Tinubu’s administration, stating that Nigeria’s decline is now evident to “every honest observer.”
Speaking at the Chinua Achebe Leadership Forum at Yale University in the U.S., Obasanjo attributed the country’s deteriorating state to leadership failure, pointing specifically to Tinubu’s governance, which he referred to as “Baba-go-slow and Emilokan.”

In his keynote address titled “Leadership Failure and State Capture in Nigeria,” Obasanjo highlighted that pervasive corruption and mismanagement have worsened Nigeria’s challenges, driving the country deeper into insecurity, division, and underdevelopment.
He quoted the late writer Chinua Achebe, who in his book The Trouble with Nigeria argued that the country’s fundamental problem is a failure of leadership, not a flaw in its people or resources. According to Obasanjo, this diagnosis remains as relevant today as it was over 40 years ago.

Obasanjo cited works by American experts Robert Rotberg and John Campbell, who have characterized Nigeria as a “failed state.” Their argument, he noted, suggests that Nigeria’s inability to maintain security and stability has serious implications for Africa and the world at large.

Additionally, the former President described “state capture” as a pressing issue in Nigeria, where powerful individuals and groups exploit government resources and policies for personal gain. Obasanjo argued that this corruption undermines national interests, with influential elites shaping the country’s legal and economic systems to benefit themselves. Such practices, he warned, compromise public welfare, affecting the quality of education, healthcare, and infrastructure development.

In reflecting on Achebe’s legacy, Obasanjo praised the late author’s commitment to truth and the moral foundation he established for Nigeria. He urged Nigerians and the international community to recognize the dangers of state capture and work towards restoring a governance model that prioritizes the public good.

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Sule Lamido, Shehu sani disagree over National Security Adviser

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Shehu Sani and Sule Lamido

The senator who represented Kaduna Central Senatorial District in the 8th National Assembly, Shehu Sani has disagreed with a former Governor of Jigawa State, Sule Lamido over national security issues
Lamido had taken a strong position against the current National Security Advisor (NSA), Nuhu Ribadu accusing him of compromising his professional integrity and acting more like a spokesperson for President Bola Tinubu than fulfilling his constitutional role.
Sani advised Lamido to at least appreciate how the Tinubu led Administration tackled insecurity instead of politicizing it in his comment on the National Security Adviser.
Ribadu who was basking in the euphoria of the recent claims of decimating the insurgents cautioned anyone “not to dare Tinubu”, espercially the new Lakurawa Insurgents a development which infuriated the former governor of Jigawa State and a Chieftain of the Peoples Democratic Party,(PDP), prompting him to take to his verified facebook wall to describe the NSA as “loquacious, flippant and qualified to have been Tinubu’s Minsiter of Information instead of NSA.”
Lamido Criticizes NSA for Sycophantic Behavior, Urges Focus on Duties.
Lamido in his comment had expressed concerns over the NSA’s behavior, particularly his past actions as the Chairman of the Economic and Financial Crimes Commission (EFCC) under President Olusegun Obasanjo. Lamido reminded Nigerians of the NSA’s controversial remarks, including his public labeling of prominent governors—such as Tinubu, Kalu, and Akume—as the “most corrupt.” Lamido pointed out the stark contradiction between the NSA’s earlier criticisms and his current position, serving under the same figures he once condemned.

The former governor called the NSA’s decision to join the administration of President Tinubu—a leader he previously described as corrupt—a “singular mistake,” one that Lamido believes has tarnished the NSA’s credibility and character. “You are not a spokesperson for the President, you are a National Security Advisor,” Lamido emphasized, urging the NSA to return to the professionalism that has historically defined the role.

Lamido argued that previous holders of the NSA position, including the late Umaru Shinkafi, General Gusau, and Colonel Dasuki, all displayed discipline and a low profile, focusing on security matters without resorting to public displays or sycophantic behavior. Lamido lamented that the current NSA’s behavior reflects a departure from this standard, pointing to his increasingly vocal and partisan approach.

Rather than fulfilling his duties as an anonymous and diligent security advisor, Lamido claimed that the NSA’s moral dilemma and excessive displays of loyalty to the president have shifted him into the role of a “Minister of Information,” undermining the neutrality and importance of his position.

In closing, Lamido urged President Tinubu to allow his NSA to regain focus, remove his fears, and return to the professional standards expected of someone in such a sensitive and critical role. The criticism continued to ignite debates about the role of the NSA and the expectations of public office holders in Nigeria, with many calling for greater transparency and consistency from those in power.
Reacting, Shehu Sani countered Lamido in a statement on Friday in Abuja, saying there should be a credit and a commendation for an administration that inherited multi-faceted security challenges ,but which has been reduced to the barest minimum, wondering how the elderly statesman failed to acknowledge the many triumphs of government in bandits hotbed regions in the north.

Sani who served in the upper legislative Chamber in the 8th National Assembly said, he witnessed to the appropriation budget allocated to security which unfortunately did not abate security challenges before now, expressing that Nuhu Ribadu has achieved what many of his predecessors have failed to accomplish despite the hundreds of billions spent in the name of defence and security in the past;

According to him, bandits have been neutralized to a large extent, thus encouraging government in this direction until total victory should have been ideal rather than playing haywire politics which he said may not help the yet-volatile situation in the North.

He said: “Neutralisation of top bandit leaders, end to mass abductions of students in northern schools,

“Securing rail lines and major northern highways hitherto notorious for kidnappings. The prompt response to terrorist attacks on power lines is worth mentioning.

“Security challenges are not over but in all indices of comparison, he has performed better and set unprecedented records. His political critics are fully entitled to their views ,but his delivery on his mandate is unparalleled.”, Sani concluded.

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