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Corporate Governance Issues in the Electricity Sector: The Courage to Speak Against Injustice

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Yisa Usman

By Yisa Usman FCA, FCTI

Senator Adams Oshiomhole has long been known for his rare courage in speaking out against societal injustices. From his tenure as a labour leader to his time as a state governor, he has consistently demonstrated an unwavering commitment to truth and justice, regardless of the interests at stake. His recent remarks on the floor of the National Assembly regarding Nigeria’s enduring electricity crisis serve as yet another testament to this legacy.

Oshiomhole’s personal account of his struggles with the nation’s electricity problems resonates deeply with many Nigerians who have faced similar challenges. His insights into the heavy sacrifices placed on ordinary citizens, often forced to finance infrastructure for power companies, reveal a glaring injustice in the system.

In Mab Global Estate, Abuja, for instance, homeowners had to pool their resources to develop essential infrastructure such as electricity, drainage channels, and access road networks. These responsibilities, which should ideally be handled by the government, have been unfairly shifted to citizens, who already pay taxes with the expectation of receiving basic amenities in return. To add to the burden, the government imposes additional levies like tenement rates and ground rents, with threats of legal action for noncompliance. Despite these personal investments, the electricity infrastructure ultimately becomes the property of the Electricity Distribution Company (Discos), raising important questions about the ownership and valuation of these assets. Are they considered purchases or donations? How much of Discos’ infrastructure is funded by citizens?

Senator Oshiomhole also highlighted an eye-opening example from his home state, where electricity infrastructure appears to be monopolized by a family business. This brings up a larger question: Why should the fate of millions of Nigerians be controlled by a few private families? Shouldn’t electricity be managed as a public service, similar to water corporations, to ensure fairness and accountability?

The privatization of Nigeria’s electricity sector, while well-intentioned, seems to have exacerbated existing issues. While citizens hoped for an improved electricity supply, they were instead met with persistent power outages and a burdensome tariff system that fails to account for the harsh realities faced by ordinary Nigerians. The imposition of these tariffs has not taken into consideration the financial strain on citizens, especially when the value of the minimum wage has significantly decreased over time. The introduction of tariff bands has not done enough to address the erratic power supply as the marginal improvements recorded remain a function of the water level, which is seasonal.

Why, then, should a private company collect payment for services it fails to deliver, particularly when citizens are left to shoulder the burden? As Senator Oshiomhole rightly pointed out, Nigerians are often forced to purchase their own transformers, negotiating and paying the distribution companies directly for their installation and connection. Even after these personal investments, the transformer remains the property of the distribution company. To add insult to injury, the monthly bills continue to roll in, disregarding the initial sacrifices made on the infrastructure by the citizens.

State governors have also taken it upon themselves to purchase transformers for their communities, only for the distribution companies to demand additional payments to complete the connections. If transformers and cables, which are the essential components of electricity provision, are being funded by citizens, state governments, and community representatives, what exactly are the Discos contributing?

If privatization was meant to inject private capital into the sector, how have the Discos fulfilled this goal? Many of these companies are known to thrive on facilities often backed by depositors’ money, which has led to the collapse of some financial institutions. Moreover, it is concerning that these companies have invested far less of their own capital than they originally pledged.

The puzzling disclosure that there is no governing board overseeing the operations of the distribution companies, despite the Nigerian government’s significant stake, raises serious concerns about corporate governance and calls for immediate reform. Corporate governance regulates the relationships between a company’s stakeholders, including its creditors, employees, shareholders, management, governments, and other internal and external interests. It is a framework that ensures corporate control and forbids misuse. The seeming lack of this highlights the inefficiencies and contradictions inherent in the privatization model and underscores the urgent need for reform in the way electricity services are managed in Nigeria.

Senator Oshiomhole’s intervention serves as a powerful call for a policy shift. Electricity should be treated as a basic necessity and made affordable for all citizens. While privatization is not inherently flawed, the regulatory framework must be robustly enforced to ensure fairness. Citizens who invest in procuring infrastructure, such as transformers that eventually become the property of electricity companies, should be compensated. Furthermore, these costs should be reflected in the tariff system to ease the financial burden on consumers.

The fundamental issues raised by Senator Oshiomhole demand urgent attention. The Senate’s rapt engagement with his presentation, led by the Senate President, is a hopeful sign. With the collective resolve of our leaders and citizens, we can address these systemic injustices and create a future where electricity is no longer a privilege but a right for all.

The time to act is now. The history we write today will shape the legacy we leave for future generations.

Yisa Usman is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), a Fellow of the Chartered Institute of Taxation of Nigeria (CITN), and a doctoral candidate at the Nigerian Defence Academy, Kaduna. Contact: topusman@gmail.com; 08037050981.

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Opinion

Okpebholo’s tussle with council chairmen needless distraction

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Monday Okpebholo

By Ehichioya Ezomon

During a congratulatory visit to Governor Monday Okpebholo at the Government House in Benin City on Tuesday, December 3, 2024, the Edo chairman of Association of Local Government of Nigeria (ALGON) and chairman of Orhiomwon local government, Newman Ugiagbe, pledged the loyalty and collaboration of the 18 council chairmen, to ensure the success of the Okpebholo administration.
“We are here to congratulate the Governor and the Deputy on the mandate Edo people gave them, and to pledge our loyalty to your administration,” Ugiagbe said, adding, “Our doors are open to your instructions, policies, and programmes, as we are ready to bring your policies down to the grassroots, to enable our people to benefit from the dividends of democracy as we will work to ensure your administration succeeds.”
Responding, Deputy Governor Dennis Idahosa, who represented Governor Okpebholo, said: “I have listened to you keenly, the ALGON Chairman. The Governor is a leader of all of us. Election has come and gone and we are all one family. The Governor has asked me to assure you that we are one family. He has also asked me to tell you that we will work closely together.”
As if to test the council chairmen’s pledge for collaboration with the administration, Idahosa said: “I guess you are aware that few weeks ago, the Assets Verification Committee was constituted. Mr. Governor is committed to transparency and accountability in this government and that committee would not have the resources to go across the 18 local government areas of Edo State.
“The Governor would want you to submit your statement of accounts from 4th of September 2023, to date, to the Assets Verification Committee within the next 48 hours (2 days), as that would help and enable the committee do its job effectively and efficiently… The Governor thanks you for your time.”
But in a matter of days, the promise of “collaboration and working together as a family for the government to succeed” flew out the window, and politics took the front burner, as the 18 chairmen – all members of the opposition Peoples Democratic Party (PDP) – reneged on their assurances to Okpebholo, and refused to submit their statement of accounts for verification, as the governor directed.  
Following the chairmen’s resistance to the directive, citing their financial autonomy as upheld by the Supreme Court, Okpebholo, in a December 16 petition titled, “Insubordination and Gross Misconduct by the 18 Local Government Chairmen Over Their Refusal to Submit Financial Records for Scrutiny,” reported the chairmen to the assembly, which, pending investigation, suspended them and their deputies for two months, under Section 20(b) of the Local Government Act, for “insubordination and gross misconduct” for refusal to submit their financial records for scrutiny.
Now, a huge political and constitutional crisis is brewing in Edo State, as the council chairmen have dragged in the judiciary to intervene – and it did intervene by setting aside the two-month suspension the House of Assembly clamped on the chairmen and their deputies.
As reported by ICIRNIGERIA.ORG on Thursday, December 19, a Benin City High Court, presided by Justice Efe Ikponmwonba, has ordered reinstatement of the 18 council chairmen and their deputies to their pre-December 17, 2024, positions, pending the hearing and determination of the motion on notice adjourned to February 17, 2025, for a hearing.
 Directing that hearing notices be issued to the defendants, the court ordered a mandatory injunction, compelling the defendants, including Governor Okpebholo, the Edo State Government, the Attorney-General, and the Accountant-General to restore the claimants to their respective offices, and restrained the defendants from acting on the resolution passed by the House of Assembly suspending the chairmen and their deputies. 
Obviously complicating matters for Governor Okpebholo is the Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi (SAN), who on Thursday, December 19, declared as “illegal and unconstitutional,” the suspension of the chairmen and vice chairmen of the 18 councils in Edo State.
Fagbemi, fielding questions from journalists in Abuja, said that, based on the Supreme Court ruling of July 11, 2024, granting autonomy to the 774 councils in Nigeria, the prerogative to remove or suspend any elected council official rests with the councilors, adding, “under the present dispensation, the governor has no right to remove any local government chairman, that much I know.”
Nonetheless, Governor Okpebholo’s fighting back by instituting, on December 18, a seven-member panel to investigate the stewardship of the council chairmen, even as the Economic and Financial Crimes Commission (EFCC), has jumped into the fray, to investigate the embattled council officials.
Hours after the High Court ordered reinstatement of the council chairmen and vice chairmen on Friday, December 20, a defiant Okpebholo declared that their suspension was within his oversight function of the local governments, as reported by Nigerian Tribune.
Admitting that the suspension of the chairmen has sparked an intense debate, Okpebholo said that, “a closer examination of the Constitution, and the Federal Attorney-General’s comments, reveal that the decisions by the Edo State House of Assembly, vis-a-vis the Governor of the State, are entirely justified.”
“From a legal perspective, the governor’s request to the House of Assembly, to suspend the chairmen, was done within his constitutional powers. The House of Assembly had the right to turn down the request but opted to act on it. It is therefore unfair to blame the governor,” Okpebholo said.
He argued: “If the governor had the powers to suspend the council chairmen unilaterally, he would not have resorted to drafting a letter to the House of Assembly. Again, for the record, the chairmen were not removed from office but suspended due to suspicious activities, and the governor has the right to exercise the power of oversight.
“The concept of autonomy is often misunderstood, and in this case, it does not mean that council chairmen cannot be oversight. The House of Assembly has the power to oversight the activities of the governor, and similarly, the governor has the right to exercise oversight over local government chairmen. The ongoing EFCC investigation of the 18 local government chairmen underscores the importance of accountability in governance.”
Actually in a letter dated December 17, 2024, and signed by its director of investigation, Abdulkarim Chukkol, the EFCC has summoned the council chairmen for questioning, requesting certified documents, detailing payroll records, bank statements, and council finances from January 2024 to date, with chairmen from six councils, including Akoko-Edo, Egor, and Esan Central, summoned to appear on December 19, while others were scheduled for December 20.
Senator Okpebholo (APC, Edo Central) comes with a mantra of “Edo Rising Again,” and a five-point agenda to revamp the state for “rapid development and economic growth” from where former Governor and Senator Adams Oshiomhole (2008-2016) reportedly stopped. 
Unencumbered by any “godfather” breathing down his neck, Okpebholo, “hitting the ground running” barely 24 hours of his inauguration on November 12, 2024, with the ground-breaking of construction of first-ever flyovers in Benin City, Edo capital city, continued in his no-time-to-waste haste to achieve tangible results in his first 100 days in office.
But like the typical politician he boasts he isn’t, Okpebholo may’ve begun giving in to distractions, to tackle what perhaps he sees as partisan antic of the council officials, who, as members of the PDP, and backed by the Edo chapters of the PDP and ALGON, have called the governor’s bluff.
Affirming their commitment to fulfilling their constitutional roles, as “no authority can prevent us from serving our councils,” the council chairmen declared that, “We will remain in office till September 2026… as our tenure runs from September 2023 to September 2026, as stipulated by law.”
Both in context and in the contest, the outcomes of Okpebholo’s directive, playing out real-time, have evoked scenes reminiscent of the hit song, “Trouble Sleep Yanga Wake Am,” off a 1971 album, “Roforofo Fight,” by the legendary Afrobeats maestro, Fela Anikulapo-Kuti, as the 18 council chairmen and their deputies have rejected their two-month suspension by the Edo State House of Assembly.
Relating to Fela’s depiction of the oppressor and the oppressed, Okpebholo, as “yanga” the oppressor wielding executive power, went and woke up “trouble,” the council chairmen, the oppressed (who, in their areas of jurisdiction, are also oppressors). And that’s what Fela preaches against in “Trouble Sleep Yanga Wake Am” – and indeed in all of his musical career of advocacy against societal ills, and the oppression of Nigerian people.
In the song, Fela warns that, “the suffering of the oppressed be respected and that if it is not, then the oppressed is justified in their decision to revolt, to take arms against the persons who mock their suffering and remain unempathetic to their oppression.” (Culled from, “The Shuffle: ‘Trouble Sleep Yanga Wake Am’ Was Fela At His Most Succinct,” written by The Native, October 18, 2017).
The council chairmen – all of PDP, which still nurses its defeat by the APC at the September 21, 2024, governorship election that returned Okpebholo as winner – were on their own when the governor gave them that 48-hour ultimatum to submit their financial records from September 23, 2022, when they came into office, till date.
The council chairmen’s failure to obey Okpebholo’s directive, and their subsequent suspension from office, has created a constitutional crisis that may require intervention of the Supreme Court to clarify the relationship between the state and local governments under the financial autonomy the court granted to the councils in July 2024.
As the battle line is drawn, what next for Governor Okpebholo, as the odds seem stacked against him? Will he put his foot down, and breach the rules and the Supreme Court judgment that’ve granted local governments financial autonomy? That’ll be illegal and unconstitutional, and against the avowal by the governor to work harmoniously with the opposition!
Will the council chairmen back down, and submit their financials, as directed by the governor? That’s unlikely, as the 18 councils are very strategic, politically and financially, to the presence and participation of the PDP in Edo polity, especially ahead of the 2027 elections, even as the party pins its hope on “retrieving” its alleged “stolen mandate” at the Governorship Election Petitions Tribunal holding in Benin City.
What Okpebholo doesn’t need now – certainly not in the future – is unnecessary self-induced distractions. The opposition – with nothing to lose – is at liberty to do anything to distract and divert his attention. But it’s in the governor’s interest, the interest of Edo people, and the daunting tasks before him, to prevent that from happening!

Mr Ezomon, Journalist and Media Consultant, writes from Lagos, Nigeria. Can be reached on X, Threads, Facebook, Instagram and WhatsApp @EhichioyaEzomon. Tel: 08033078357

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Ibadan, Okija, Abuja and the deathly fate of mekunus

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By Tunde Olusunle

Our ambassadors in the national parliament on Wednesday, December 18, 2024, spontaneously broke into a chant, serenading Bola Tinubu Nigeria’s President when he presented the 2025 draft budget to the bicameral body. On your mandate, we shall stand* gained ascendancy ahead of the 2022 presidential primary of the All Progressives Congress (APC). Today, it is probably at par with Nigeria’s national anthem in the circuit of the ruling political party. Recall the viral video of the Minister for the Federal Capital Territory, (FCT), when he performed to the rhythm on one occasion of his visit to the office of the Chief of Staff to the President, Femi Gbajabiamila a few months ago. The reflex resort of the congressmen to the “mandate” tune on that occasion was in reaction to Tinubu’s joke at the presentation of the budget for 2025. The President had erroneously announced that he was presenting a draft expenditure proposal to the “11th” assembly! He was promptly reminded that we are still in the 10th assembly in 2024. Tinubu quickly humoured that it could just as well mean that the entire parliament had been reelected for the 11th assembly, which begins in 2027.

Tinubu’s budgetary presentation had to be staggered by 24 hours for undisclosed reasons. Reports after the Wednesday December 18 eventual outing, however, suggested that the executive arm of government needed the 24 hours between Tuesday December 17 and the eventual presentation, for very robust, backstage engagements with the legislature. There were feelers to the effect that Tinubu’s budget would be expressly shut down because of his recent propositions on tax reforms, which has not gone down well with sections of the country and their representatives. There are purported reports to the effect that while Members of the House of Representatives were advanced one billion naira each to augment the budgets for their “constituency projects,” Senators allegedly received a minimum of over 100 per cent more under the same nebulous heading. Such largesse should of necessity merit some singing.

While our parliamentarians decked in billowing robes and skyscraping headgears were clapping and caterwauling, giggling and guffawing that Wednesday, December 18, 2024, deathly disaster struck in Ibadan, capital of Oyo State. The plan by a nongovernmental organisation led by Naomi Silekunola, a former wife of the Ooni of Ife, Adeyeye Enitan Ogunwusi which proposed to put smiles on the faces of a number of people this yuletide season, had gone awry. Silekunola and her team intended to gift 5000 children below 13 years of age with a cash gift of N5000 each and offer each of them a food pack. There was a stampede at the venue of the programme at Islamic High School, Bashorun District, Ibadan. Poor planning, which precluded adequate security cordon, the absence of a standby medical team, among others, precipitated the death of 40 children. Many injured people are still hospitalised.

As though an angel of death was on a yuletide prowl, Okija in Anambra State was its next destination. A magnanimous well-to-do, Ernest Obiejesi, under the auspices of his *Obi Jackson Foundation,* availed the community of a rice consignment to be shared amongst the womenfolk in the morning of Saturday December 21, 2024, for the commemoration of Christmas. The raw ration came in 10 kilogramme bags of rice, out of which many people received just handfuls in bowls and cups. In the ensuing melee, 36 lives were lost, bodies littering the scene. Many limbs were bruised and broken, they are being patched up in various hospitals.

Despite popular assumptions that the streets of Abuja are paved with gold, the Okija tragedy was replicated, real-time, right at the very heart of Maitama, abode of the *nouveau riche.* Still in the spirit of the season, the Holy Trinity Catholic Church arranged to distribute food items to the less privileged as Christmas knocks on doors. The Abuja Command of the Nigeria Police confirms that 13 people, including four children, died from the surging and trampling at the scene. Over a thousand people have been evacuated from the church, and many of the wounded receiving medical attention at the proximal Maitama Hospital just metres away from the church. Hunger for sure is a deconstructor of geography. Within four days in Nigeria, this harmattan season, over 89 lives, have lost while foraging for what to eat.

Instructively, a day before the Ibadan tragedy, loyalists and former aides of former President Muhammadu Buhari flew to his hometown in Daura to accord him an 82nd birthday surprise. Former Ogun State Governor, Ibikunle Amosun; Secretary to the Government of the Federation, (SGF), in Buhari’s regime, Mustapha Boss; Africa’s richest man, Aliko Dangote, all visited a man largely credited with plunging Nigeria into its seemingly irrecoverable abyss. Femi Adesina, Buhari’s media minder also sang his boss’ praises on the occasion. He described him as *ore mekunu,* a friend of the poor, an ascription I found totally out of sync with the realities of his boss’s stewardship. Let’s hope Adesina is seeing on the streets, the hordes of Nigerians, instalmentally transmogrified into pitiable sub- *mekunus* by Buhari’s eight-year dysfunctional leadership. About 100 Nigerians perished in four days not because of a natural disaster, nor at the theatres of insurgency and military curtailment. They died looking for just that measure of rice to placate their growling stomachs. They died just hours and days after Buhari’s beatification by beneficiaries of his prodigal rulership.

Nigeria has been plunged into the worst economic situation in a whole generation since the advent of the All Progressives Congress (APC) at the centre. Poverty has never been as grim and piercing as we’ve witnessed beginning from Buhari’s coming in 2015. Poverty has been ruthlessly weaponised, the poor ready to dance to the drum of a currency note, even a scoop of peanuts. The indicators have determinedly and consistently pointed southwards these past decade. Inflation is spiralling towards the 35 per cent mark, the unaffordability of basic food items driving *mekunus* to assured Golgotha in cross-country scrounging, scrambles and stampedes The same way Nigerians hustle to scoop petroleum products when a tanker falls to the ground, is the same way they throw decorum through perimeters when they are being insulted with sachets of pasta in the name of “palliatives” and “stomach infrastructure.”

The Nigerian Bureau of Statistics, (NBS), is allegedly being bullied by the state to recant on its former announcement that *N2.3 Trillion* was paid out as ransom to bandits, criminals and kidnappers in the first 10 months of this year. The NBS, which has belatedly announced that its systems were hacked, is in good company with the Independent National Electoral Commission (INEC). INEC’s servers and terrestrial equipment are perennially compromised when election figures tend towards victory for the opposition. The President recently hailed the peaceful and transparent conduct of the presidential election in Ghana, recommending it as a model for Nigeria. Sadly, it should be the other way round. Other countries should take inspiration from the way we conduct our affairs in Nigeria.

Nigeria prides itself as the giant of Africa. Many African countries look up to Nigeria for guidance, for leadership. Our exploits in the liberation of countries like South Africa from apartheid and the restoration of peace and democracy to neighbouring Gambia, Guinea, Liberia, and Sierra Leone are well documented We recently offset our outstanding dues to the Economic Community of West African States (ECOWAS), totalling over N150Billion. We do well at bragging and flexing our muscles, but fail where it matters the most. An essential characteristic of Ghanaian elections over the years is the fact that the ruling party can be displaced by the opposition today. This allows the party so ousted to go re-strategise for the future. What do we do in Nigeria where election results are predetermined, where the electoral process is wholly corrupted, where true winners are intentionally dispossessed of their mandates and encouraged to seek redress in the judiciary? Didn’t a senior government official say in relation to Ghana’s exemplary election that a sitting government cannot be unseated in Nigeria? The stories of the backstage electoral thieveries anchored by INEC over the years will be told someday.

President Tinubu cancelled his official engagements for Saturday, December 21, 2024, in honour of victims of the Ibadan, Okija, and Abuja tragedies. Nigeria’s leadership must transcend the culinary indulgence and the merry-making occasioned by the yuletide to undertake very imperative introspection. There must be less dangerous, less dehumanising, and less deathly avenues for lifting up the poor and indigent in our ranks. The President is celebrated as some economic whiz kid. Enough of the demeaning, insulting, and dubious handouts always purportedly passed on to the less-endowed by ways of very opaque “cash transfers” and the “lorry loads of palliatives.” Can someone please show me a register of transfers to my constituents back home in my community? That scheme is wholly and totally a scam. Nigeria is not Somalia or Chad and similar countries ravaged by war and hunger, where the United Nations, (UN) and the Red Cross, drop dry rations from hovering helicopters into the hands of starving populations. Nigerians deserve a much, much better deal away from the most despairing *status quo.* Nigeria is too endowed to wilfully preside over the sustained pauperisation of its people

Tunde Olusunle, PhD, Fellow of the Association of Nigerian Authors (FANA), teaches Creative Writing at the University of Abuja

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Sonny Echono at 63: Birthday not rest days

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By Tunde Olusunle

Call him a double-barrelled personality and you will not be wrong. He is both an accomplished technocrat and a distinguished bureaucrat to wit. How else would one describe a professional architect of four full decades, who has also spent his entire working life in the public service?
He rose to the very top of the leadership of the national umbrella body of his primary profession, and his occupation, respectively. He was national President of the Nigerian Institute of Architects, (NIA). He equally coursed all the way in the civil service to become a Permanent Secretary and a long-serving one. These attainments were bagged strictly on merit. His enterprise has not gone unnoticed as he has been deservedly decorated by the highest honours of his professional calling where he is a Fellow. He has also received national garlands in recognition of his good work, notably that of the *Officer of the Order of the Niger,* (OON). He retired upon grossing 35 memorable years in service, back in 2021. He was barely catching his breath when duty beckoned for him to return to avail the nation his variegated experiences in yet another capacity. This has been the story of his life.

Several decades in the ovens and furnaces of the public service have invested him with the archetypal reticence of a prototype bureaucrat. They are not given to much talk, the essential credo of his lifelong profession requiring public officers like him being “to be seen and not to be heard.” He is exceptionally, comprehensively grounded as a public servant who traversed nearly a dozen ministries, departments and agencies, (MDAs), in a most eventful and insightful career. What can be more all-encompassing and enriching with regards to cognate working experience than when an individual straddles the ministries of: Works and Housing; Defence; Water Resources; Agriculture; Power; Communications and Education, at the highest levels?

With the bifurcation of the erstwhile Ministry of Works and Housing, and the excavation of a “Ministry of Livestock” out of the extant Ministry of Agriculture, he can fittingly be credited with many more service addresses. And all of these preclude the lengthy list of national and international ad hoc responsibilities which garnish his cumulative experiential scope. He was in the earliest generation of civil servants who, with the return of democracy in 1999, was groomed in “Budget Monitoring and Price Intelligence.” This derived from the determination of the new regime to introduce more transparency in public procurement processes. He “evangelised” this credo in all his official bus stops.

It is Sonny Togo Echono’s birthday Monday December 16, 2024. When he’s addressed by the combination of the initials from his first two names, *ST,* he knows you come from years and decades back with him. It is supposedly a special day in the eyes of his family, colleagues, subordinates and friends. Customised greeting cards arrogate a section of his office at the Tertiary Education Trust Fund, (TETFUND) headquarters in Abuja, to themselves. For the Executive Secretary of the organisation, however, the day is a regular working day like every other. And there was plenty of work to be done. He prefers to operate from the conference table in a corner of his office which enables him ease of access to files and documents placed before him. He’s also able, with despatch, to attend to staff who desire his official guidance, as he looks up from papers placed before him from time to time. There’s no time for a meal as yet but he tosses a few nuts in his mouth from time to time.

TETFUND was established in 1993, and was initially christened the *Education Trust Fund, (ETF).* It is funded majorly from a two per cent tax on the assessable profits of companies registered in Nigeria. It was at inception, targeted to arrest the rot and degeneration in educational infrastructure, arising from long periods of neglect and miserly resource allocation. It was rechristened to its present nomenclature during the administration of President Goodluck Jonathan in 2011. TETFUND administers, appropriates and oversees resources so aggregated for the rehabilitation, restoration and consolidation of tertiary education in the country. It avails capital for educational facilities and infrastructure, including essential physical infrastructure for instruction and learning. TETFUND also supports research and development as well as the training and advancement of academics, among other segments of its responsibilities.

In a little over two years at the helm, Echono has striven to institute a new work ethic in TETFUND to ensure that it achieves its foundation mandate, especially against the backdrop of challenging economic headwinds. He has introduced sweeping reforms which has upset the preexisting apple cart in several ways. Echono has been very fastidious on issues of due process and effective service delivery. The system he inherited was fraught with entrenched power blocs which determined the running of the organisation to the detriment of its core vision. Echono has been uncompromising in his insistence that the institution must be run strictly according to the books. This is one resolve which was bound to unsettle the “indigenes and landlords” within, and their external allies, who hitherto, construed the organisation as a potential “automated teller machine,” (ATM).

Echono clarifies: “There were cartels in charge of TETFUND projects. They collaborated with all manner of political leaders to come to the organisation to collect ”special intervention projects,” as it is referred to. “There were no defined modalities in place which enhanced operational opacity.” Speaking further, Echono notes: “When I was asked to come here, I was given a very clear mandate to clean up this place and I’m doing just that. The system is the better for it because we have substantially minimised waste and our stakeholders acknowledge this much.” A confident Echono said he had indeed invited the Independent Corrupt Practices and Related Offences Commission, (ICPC), to check through the operations of the organisation: “I invited the ICPC to come and inspect our systems. They’ve visited us twice and are satisfied with how we are straightening up the system.”

Echono is aware that he has stepped on toes while trying to do the right thing. He insists there is no backing down on his mission. His words: “I’ve made enemies on this job. But we have a duty as people privileged to serve, to help in salvaging our country.” Discreet findings indeed reveal that there are internal mumblers and external discontents on his case. There are those who supposedly feel entitled to a perpetuation of their term in office. There are also as those who fancy being gifted the leadership of the organisation as political gratification. Some of them reportedly, had begun to make reassuring commitments to friends and associates, thereby preempting their consideration for the job and the express approval of the President. There are also suggestions about internal saboteurs who are in the habit of trading in classified information concerning the organisation. Some of them are indeed said to be politically exposed persons, fantasising about deploying the organisation for the advancement of their vaunting political aspirations.

While Echono is contending with this hydra, a certain Emeka Marcel Nweke has created a Facebook page with Echono’s name to defraud members of the public. Benneth Igwe, the Assistant Inspector General of Police, (AIG) in-charge of Zone 7 Police Command Headquarters on Tuesday December 17, 2024, disclosed this to newsmen. Echono it was who wrote a petition to the police about “criminal conspiracy, impersonation, fraud, false representation, cyberstalking, obtaining money by false pretence and threat to life,” upon which the police acted. Nweke was reportedly tracked to Awada, Anambra State and was found to have fleeced unsuspecting members of the public of over N10 million in the month of August 2024, alone. Such are the issues he’s multitasking to address.

Echono’s enterprise thus far, has accorded renewed respect and visibility to TETFUND. More and more high profile institutions and individuals, home-based and from the diaspora, regularly engage with the organisation in recent times to discuss partnerships. These include even the military establishment which is in the business of revolving tune-ups for its human capacity, consistent with global dynamics. The multidimensional Echono is equally very busy on lecture circuits these days, regularly called upon to chair, speak or to deliver papers at various events. His trophy-chest brims with glittering medals, gleaming plaques, glossy trophies and beaming mementos, awarded to him by several groups and associations, through the years. These acknowledgements are for inimitable altruism, selfless leadership and exemplary corporate governance, despite the odds.

*Tunde Olusunle, PhD, Fellow of the Association of Nigerian Authors, (FANA), is an Adjunct Professor of Creative Writing at the University of Abuja*

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