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Nigeria Leaders Licenced to Loot- Channel 4 News

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Source: BASATI (2010)
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Another damning report has exposed the depth of corruption in Nigeria, a country where the report said the leaders have been licensed to loot her treasuries.

The report by Channel 4 News, UK based news channel claimed that the breath-taking scale of official corruption is blighting the lives of more Nigerians than even the deadly insurgency.

It also quoted a former Nigerian government minister as saying that “Nigeria, is a country where you can disappear an elephant into the pocket of a shirt.”

The minister claimed that his civil servants offered him a 20 per cent slice off his department’s multi-billion dollar budget, assuring him they could bury their tracks.

Their expectation, he said, was that they too would be rewarded with a generous tranche of the loot.

The senior politician, who cannot be named for his own safety, alleged that he had been approached shortly after his appointment to cabinet, while staying in a hotel on a high-profile foreign trip.

He told Channel 4 News that he refused the offer, telling his civil servants that he wouldn’t be able to sleep at night.

“The scale of corruption by this country’s political elite is breaking people,” he said. “Some see it as the dispensing of patronage, so they can survive. But let’s say it straight. It is theft. Theft with a sense of entitlement.”

Jonathan Miller of Channel 4 News said that a couple of days later, “I was interviewing Nigeria’s flamboyant finance minister. Inevitably, before long, our conversation homed in on the C-word. “Your country has become a byword for corruption,” I said.

“I reject this completely!” Ngozi Okonjo-Iweala, shouted indignantly at me across the six-foot gap between our two armchairs in her ministerial office, strewn with photographs of herself with world leaders past and present.

“This country has a tendency for people to throw out wild numbers and because of the perception of corruption, people believe a lot of this. Nigeria is not a lawless country where you just lob accusations.”

Dr Ngozi, who earned her doctorate from MIT and who has spent years as a managing director of the World Bank, has a street named after her in Nigeria’s capital, Abuja. Half way along it, there’s a slum called Utako, whose residents live hand-to-mouth. Few have jobs; the rat-infested, malarial shanty lacks all basic services.

“The masses are suffering because of the greediness of our leaders,” said Stanley, a man in his late 20s, and one of the millions of Nigerians who do actually believe the “wild numbers” but are powerless in their poverty to hold their leaders to account.

“They are so corrupt don’t care about the masses,” he said. “All they care about is how to embezzle our money. If you look around this place, there is no sanitation, no water, no electricity. They don’t live in this environment.”

Nigeria now ranks as Africa’s largest economy, powered by vast oil reserves. Average incomes have doubled since 2010, yet a third of Nigeria’s people live on less than one pound a day.

For decades, it has been alleged that corrupt politicians were skimming huge sums off the national oil revenues – hundreds of billions of dollars according to the UN.

Most of Nigeria’s 500 languages don’t even have words for “million”, let alone “billion”, but people know the score. Power is perceived as the licence to loot.

Until last year, these “wild numbers” were indeed just “thrown around,” as the finance minister put it. Then, finally, a whistle-blower emerged who put some flesh on the bones.

The numbers were indeed wild. But he came with some pedigree. The Governor of the Central Bank of Nigeria was no ordinary whistle-blower.

Dr Lamido Sanusi, who had been awarded “Central Banker of the Year 2010″ by the Financial Times Banker magazine (an award which cited his “radical anti-corruption” campaign) discovered what he figured was a US$20-bn black hole in Nigeria’s national finances.

He wrote to President Goodluck Jonathan, detailing the mechanisms by which be believed an astronomical fraud had been committed.

 He calculated that over the course of a year and a half, a billion dollars a month had been siphoned off national oil revenues. These “leakages” were, Dr Sanusi told the president, “unsustainable”.

For his trouble, the president first suspended, then fired him, accusing his central bank governor of “financial recklessness”.

Last month, Dr Sanusi, a blue-blooded descendent of the Kano royal line, was reincarnated as the northern kingdom’s new emir.

He swapped his pin-striped suit for flowing robes and a turban. Sitting in his throne room the day after his coronation (pictured below), HRH Muhammad Sanusi II told Channel 4 News exactly how he believed the alleged fraud had been perpetrated. He sticks by all his allegations.

“At the heart of the problem, to my mind,” he said, “is that the entire political system is held hostage by a small group of vested interests.”

His was an almost identical assessment to that offered by Stanley in the slum on Dr Ngozi Okonjo-Iweala Street, where most people I spoke to knew all about the former central bank governor’s staggering allegations.

But Dr Ngozi herself dismisses his claim. “It just so happens that on this that he was not correct,” she said. Last year, she claimed more than US$10bn was “missing”.

The Nigerian government commissioned an independent “forensic audit” to determine the truth, but has chosen only to publish edited highlights of the final report – and many Nigerians still smell a rat.

Nigeria ranks 136th out of 175 countries surveyed for Transparency International’s Corruption Perceptions Index – which measures how corrupt a country’s public sector is perceived to be.

Obiageli Ezekwesili is Transparency’s co-founder. She too has served with the World Bank – as its vice-president for Africa – and as a Nigerian government minister.

“There is nothing cultural about corruption in African societies. What has happened is that the is an alienation of the systems and institutions of governance from the people,” she said.

“So when you see elite greed manifested in grand corruption, perpetrated over time, it is simply that nobody has made the link to the fact that government owes us something.”

Oby Ezekwesili remains optimistic about Nigeria, despite its politicians’ winner-takes-all approach. “Give this country about a decade and a half, it won’t be the same. You know, when citizens awaken to the power of the office of the citizen, no society remains the same.”


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Airtel Africa Foundation Calls for Applications for “DigiLeap” Tech Training for Young Women

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The Airtel Africa Foundation, through Airtel Nigeria, has officially opened the application portal for the DigiLeap Tech Drive, a core initiative in the Foundation’s digital inclusion agenda. The application portal will be open until 8th May 2026.

Targeting 200 underserved young women in the Ikorodu Local Government Area of Lagos State, the programme is designed to bridge the gender divide in the digital economy by providing intensive, industry-standard technical and digital literacy training at no cost to the beneficiaries.

The DigiLeap Tech Drive is a strategic collaboration between the Airtel Africa Foundation, the ISHK Tolaram Foundation, and Co-Creation Hub (CcHub), with implementation carried out by the SAIL Innovation Lab, a leading centre for digital talent development in Nigeria.

Strategically engineered to transform high-potential individuals into workforce-ready professionals, this high-impact project will provide technical instruction, mentorship, and job-placement linkages, directly tackling regional unemployment and the systemic underrepresentation of women in the global technology sector.

Commenting on the project, Dr Segun Ogunsanya, Chairman of the Airtel Africa Foundation, emphasised that the partnership between the Foundation, Ishk Tolaram, and CcHub is central to the Foundation’s holistic mission of advancing both digital and gender inclusion across the continent.

“Our mission at the Airtel Africa Foundation is to accelerate digital inclusion across the continent,” he said. “By bringing the DigiLeap Tech Drive to the women of Ikorodu alongside Ishk Tolaram and CcHub, we are providing 200 young women with a definitive competitive advantage in the modern economy. This initiative ensures the digital revolution is truly inclusive; it isn’t merely a training session, but a professional pipeline designed to transition these women directly into internships and sustainable careers.”

In his remarks on the flag-off, Dinesh Balsingh, Chief Executive Officer, Airtel Nigeria, highlighted Airtel’s dedication to ensuring that women are integrated into the country’s rapidly evolving digital economy.

“At Airtel Nigeria, we believe that empowering women with digital skills is a fundamental catalyst for national economic growth. With the DigiLeap tech training, we are creating a sustainable pathway for young women in underserved communities to move from the sidelines of the digital economy into the heart of the tech workforce. This initiative reflects our deep-rooted commitment to social impact and our belief that when women lead in technology, entire communities thrive,” he said.

Focusing on industry-standard competencies that enhance both employability and entrepreneurship readiness, application entry into the programme is now live and open to women aged 18–35 living in Ikorodu.

 


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Cross River State Isolates 10 More Persons with COVID Symptoms

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Cross River State Government said it has identified and isolated 10 persons who interacted with a Chinese national who reimported COVID-19 into Nigeria.

Cross River State Isolates 10 More Persons with COVID Symptoms

Nigeria Centre for Disease Control and Prevention (NCDC) while confirming a case of COVID-19 in the state, assured the public that there is no evidence of widespread transmission.

But, Dr. Inyang Ekpenyong, state epidemiologist, disclosed that the individuals were traced through contact tracing after interacting with the index case (Chinese national) and have since been placed under movement restriction.

“We’ve restricted their movements to their homes, so that they do not spread the symptoms to other persons,” Ekpenyong said, noting that the contacts were under close monitoring by health officials.

She added that surveillance teams had visited the expatriate’s workplace in Akamkpa to track possible exposure and prevent further transmission.

The affected Chinese national is currently receiving treatment at the University of Calabar Teaching Hospital (UCTH), where authorities said he was responding positively.

Ekpenyong reminded residents that COVID-19, despite first emerging about six years ago, has not been eradicated, urging continued adherence to preventive measures.

She advised the public to maintain regular hand sanitisation, use face masks where necessary, and follow public health guidelines issued by experts.

But, Dr. Jide Idris, director general, NCDC, said, “Public health surveillance systems remain active nationwide, and we are working closely with state authorities to ensure early detection and swift response to any case.”

In a statement on Wednesday, Dr. Idris, said there is no cause for alarm, adding that “We are monitoring the situation closely and our response systems are active and working,”.

Earlier, Dr. Henry Egbe Ayuk, state commissioner for Health,  confirmed the first case and assured residents that all necessary containment protocols had been activated.

According to Ayuk, the index case involves a 53-year-old Chinese national who arrived in Nigeria on March 17 and later developed symptoms while in Akamkpa.

He explained that the patient’s condition worsened while receiving treatment at a state facility before he was transferred to UCTH for advanced care.

“At the facility, samples were taken in line with established protocols, and it was confirmed that the patient showed symptoms of COVID-19,” Ayuk said.

“We are, however, happy to report that he is doing well,” he added.

The commissioner stressed that the state’s health system has been strengthened to respond effectively to outbreaks, with surveillance mechanisms fully operational across Cross River State.

He acknowledged the presence of occasional silent infections but maintained that the government remained prepared to manage any public health threat.

“But we are determined that for every ailment, every disease or outbreak, if it is identified here in the state, there should be no alarm. The state will do well in terms of surveillance or containment of an outbreak. Whatever it is, we will do our best to contain it. So, there is no alarm,” Ayuk stated.

Ayuk further noted that COVID-19 remains a global concern, warning that cross-border movement of infected individuals continues to pose risks.

“COVID-19 is not peculiar to Nigeria. But we’re determined to contain it. There’s no cause for alarm,” he said.

 

 


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The Visibility Trap

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By Ememobong Udofot

There is a persistent assumption in modern business that attention is progress. If people are seeing you, engaging with you, and talking about you, then you must be growing. On the surface, this feels true. In practice, it is one of the most expensive misconceptions companies carry.

Visibility is not legitimacy. And confusing the two creates fragile businesses that look successful long before they actually are.

Visibility is distribution. It is how often you are seen, how far your message travels, and how loudly you exist in a market. It is driven by campaigns, partnerships, content, and media. It is measurable in impressions, reach, mentions, and recall.

Legitimacy is something else entirely. It is not what people see. It is what they conclude. It is the quiet but critical judgement a user makes when deciding whether to trust you with something that matters. Their money, their time, their reputation, their belief. Legitimacy is not declared. It is inferred. This is where most companies miscalculate.

A platform can be highly visible and still feel unsafe. It can be everywhere and still feel uncertain. It can dominate conversations and still fail at conversion when the moment of decision arrives. Because today, users are not asking, “Have I seen this before?” They are asking, “Do I trust what happens next?”

In financial services, especially in emerging markets, this distinction becomes sharper. Users do not operate from abundance. They operate from risk awareness. Every transaction is evaluated, consciously or not, through a lens of potential loss. What could go wrong? How fast can I recover if it does? Who is accountable if it fails? Visibility does not answer these questions. Legitimacy does.

Legitimacy is built through signals that reduce perceived risk. Not theoretical safety, but experienced reliability. It shows up in consistency of outcomes, in how predictable your system is under pressure, and in whether your platform behaves the same way every time, not just when everything is working but also when something breaks. It is reinforced by clarity. Users trust what they understand, not what is explained to them in long paragraphs, but what is immediately obvious in interaction. What happens next, how long it takes and what they can expect. It is strengthened by accountability. Not in policy documents, but in visible behaviour. How issues are handled, how quickly they are resolved, whether responsibility is assumed or deflected.

These are not branding elements in the traditional sense. They are operational realities. But this is exactly where branding is often misunderstood. Brand is not what you say about your product. It is the system of signals that shape how your product is perceived before, during, and after use. While visibility amplifies your presence, legitimacy sustains your relevance.

When companies prioritize visibility without building legitimacy, they create a dangerous gap between expectation and experience. Growth accelerates, but trust does not compound at the same rate. Eventually, the system corrects itself. Users withdraw, reputation weakens, and recovery becomes significantly harder than initial growth.

On the other hand, when legitimacy is established first, visibility becomes an accelerator rather than a risk. Every new user acquired enters a system that can hold them. Every interaction reinforces the same conclusion. This works; I can rely on this.

This is slower to build, but far more durable. The strategic implication is simple but rarely followed. Do not ask how to be seen more; ask what conclusions users are forming when they see you. Do not optimise for attention in isolation, optimise for the alignment between what is promised and what is experienced. Do not treat trust as a communication problem, treat it as a systems problem that communication must accurately represent. Because in the end, markets do not reward visibility. They reward reliability that has been observed, tested, and believed. And that is legitimacy.

Ememobong Udofot E. is a branding and communications executive specialising in strategy, systems thinking, and trust design within financial technology. She currently leads Branding and Communications at FlashChange, a digital value exchange platform focused on enabling reliable, efficient movement of digital assets.


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