General News
Peter Obi and the Arrows of 2023
By Justus Nwakanma
There is a salient rule in archery, in warfare or combat: Always choose the right arrows when shooting at your target, or he would walk away in swaggering triumphalism.
Peter Obi
Sadly, those who shot at Peter Obi recently with the arrow of Pandora Papers, using the spindling bows of Premium Times, an online news platform, failed to adhere to this obvious logic. They chose fragile, blunted arrows embellished with furbelows of lies, deceit and hoodwink. They simply aimed at the wrong target.
The International Consortium of Investigative Journalists (ICIJ), claims that its project, Pandora Papers is the largest investigation in journalism history, which exposes a shadow financial system that benefits the world’s most rich and powerful.
The latest report is said to involve
over 600 journalists in 117 countries who thaw through files from 14 sources for months, in what has translated to a leak of almost 12 million documents that reveal hidden wealth, tax evasions and money laundering.
Indeed, widespread corruption among public servants and leaders is an obstacle to social and economic development, particularly in developing countries such as Nigeria. It undermines democracy, destroys the credibility of government and erodes the essence of human living and existence.
Therefore, any intervention at increasing public service transparency, strengthening accountability or totally eliminating graft should be encouraged.
However, such interventions as the Pandora Papers, should not be a misrepresentation of facts. They should not be used as tools for witch hunting or damaging perceived political enemies.
Reading through the report by Premium Times, it is safe to conclude that it was a weaponized narrative shot from the political trenches of 2023; it was a debilitating whiff of conjecture and embellished anecdotes, without value or validity, devoid of substance or sustenance.
In a gale of presumptuous arrogance, it tried to draw legitimacy to its superficiality, even when the facts it presented were obviously hollow and contradictory.
The entire report reeks in suggestiveness and incitement; was judgemental, reproachfully deprecatory, and a well-greased projectile intended to perforate Obi’s personality, destroy his business empire and rubbish his growing political influence.
Its repeated use of the jaundiced phrase, ‘Obi could be charged,’ is a premium trial in which Obi had already been found guilty even before the article was written.
The report enviously quivered at Peter Obi as being widely regarded in Nigeria as an advocate of good governance, openness, and transparency. That’s right. Obi is not just an advocate, he is a template for good governance, openness, financial transparency and prudential management of public and private resources. And here, as the Yorubas say, is the koko. This is exactly what the premium trial by Premium Times set out to discredit.
One had expected to read an exclusive on how Peter Obi dipped his ‘sticky, sleazy’ fingers in the treasury of Anambra State and deprived the people of their Commonwealth and patrimony.
One had expected to read how Peter Obi did not leave 75 billion naira in the coffers of the Anambra State as he normally says, but converted the money to personal use. Readers would have loved to know how Obi illegally amassed so much wealth by duping Anambra and Nigerians; or the contracts he received from the government and converted the money to private use. We didn’t find that.
But the Pandora Papers with the mentality of an archeologist, dragged Obi to the crime field, hoping to excavate the relics and reasons of our failed nationhood strapped to his body.
Is it not ridiculous, that the report took a preposterous swipe at Obi’s speeches, feminine voice and self-effacing plebeian demeanour, then concluded that there is something he is hiding “beyond the facade of priggish speeches and appearances.”
On Obi’s investment in Monaco, the report said “the city does not charge wealth tax, property tax, investment income tax, and capital gains tax,” then it wondered whether it was this mouth-watering tax regime that attracted Obi to Monaco.
The answer is rhetorically affirmative. There is no investor that would not want to invest in countries where tax regimes are favourable and friendly. Did Obi break any law in this regard? No he didn’t.
Given the provisions of Section Six (6) of the Code of Conduct Bureau and Tribunal Act, Obi said he dutifully resigned as a Director of Next. Common reasoning infers that the date a change is effected in the list of trustees or directors of a company is not necessarily the day a member resigned. What would have been in contention is that Obi did not resign. Again, he broke no law in this regard.
Many of the offshore businesses the Pandora Papers call hidden offshore treasures of the rich and the powerful are indeed some legitimate investments some of these people made before they became public servants.
In Peter Obi’s case, Next which the report said birthed his Nexus of hidden businesses was formed in 1991, 16 years before he became governor. The sponsors of the report and their hatchet men did not do a thorough job, but displayed outright ignorance when the report admitted it did not know what businesses Next engaged in. It also did not find anything in the records of the company suggestive of money laundering or fraud. So why the fuss about Next?
Rather, it questioned why a company should be registered with the names of family members, jointly owned or not. It celebrated its loathing for Obi and his accomplishments by questioning why there should even be a change of name or that of the directors. Again, Obi did not break any local or known international law by registering a business using family identities.
On failing to pay his taxes, Obi has also discredited the report. Recently while appearing as a guest at Arise TV, he said he has paid over N1bn tax to Nigeria In 20 Years.
He said: “The money I own here I pay tax. don’t forget I was a subject of a tax probe about two years ago and I showed evidence that in the last 20 years, I have consistently paid my tax and I have never paid less than N50m annually, so I pay my tax.”
Already, the Pandora Papers are bleeding profusely, as world leaders drag them to the slab, faulting every aspect of the reports and denying any wrongdoing.
Czech Prime Minister Andrej Babis
said the allegations are an attempt to influence elections in his country.
Russian President Vladimir Putin through Kremlin spokesman Dmitry Peskov who questioned the reliability of the “unsubstantiated” information said they didn’t see any hidden wealth of Putin’s inner circle in there.
Kenyan President Uhuru Kenyatta, who with six members of his family was linked to 13 offshore companies has denied the report as completely false.
Chile’s President Sebastián Piñera denied the information linked to him.
Interestingly, the Pandora Pandora Papers’ investigations and conclusions are based on three strands: “hidden wealth, tax evasions and money laundering”.
Did the report show any evidence that Peter Obi stole or hid state assets in his offshore companies or evaded tax in Nigeria or engaged in any form of money laundering? The answer is a capital NO.
Earlier, I stated that the Pandora Papers’ report on Obi was just a 2023 arrow disguised as an investigative report.
Who are these hooded marksmen? A convergence of disgruntled politicians obsessed with Obi’s growing stature as one of Nigeria’s finest politicians and entrepreneurial icons.
They were rattled with the success the People’s Democratic Party(PDP) recorded in the 2019 Presidential election with Peter Obi as the Vice Presidential Candidate. They are afraid that with the recent permutations, Peter Obi may likely get the ticket of the PDP as the presidential candidate or return as the vice presidential candidate. They are not comfortable with a man who has been transparent in his acquisitions, frugal in lavishness, theological in thoroughness, dogmatic in merit and
devoted to the Nigerian project.
They simply do not want a competent leader in Aso Rock, so that they can continue, like Eli’s two sons, Phinehas and Hophni, dipping their hands in the national wealth and take to themselves all the prime cuts of meat, leaving us, the flotsam and jetsam with nothing.
An African proverb says when all the water has gone, only the rocks and stones will still remain in the riverbed. Peter Obi bears Okwute (rock) as a traditional title. When all the water has gone, he will still remain one of Nigeria’s brightest pebbles.
*Nwakanma, a journalist, wrote in from Lagos.
A study titled “Securing OT with Purpose-built Solutions” conducted by Kaspersky in collaboration with VDC Research, illuminates the shifting landscape of cybersecurity within the industrial sector.
Focusing on key industries such as energy, utilities, manufacturing and transportation, this research surveyed over 250 decision-makers to unveil vital trends and challenges faced in fortifying industrial environments against cyber threats.
A strong cybersecurity strategy begins with complete visibility into an organisation’s assets, allowing leaders to understand what assets need protection and assess the highest risk areas. In environments where IT and OT (Operational Technology) systems converge, this demands more than just a comprehensive asset inventory.
Organisations must implement a risk assessment methodology that is aligned with their operational realities – by establishing a clear asset baseline, organisations can engage in meaningful risk assessments that address both corporate risk criteria and the potential physical and cyber consequences of vulnerabilities.
Recent survey findings reveal a concerning trend: a significant number of organisations are not engaging in regular penetration testing or vulnerability assessments.
Only 27.1% of respondents perform these critical evaluations on a monthly basis, while the majority—48.4%—conduct assessments every few months. Alarmingly, 16.7% do so only once or twice a year, and 7.4% address vulnerabilities solely as needed. This inconsistent approach can leave organisations vulnerable as they navigate an increasingly complex threat landscape.
Every software platform is inherently vulnerable to bugs, insecure code, and other weaknesses that malicious actors can exploit to compromise IT environments. For industrial companies, effective patch management is therefore crucial to mitigate these risks.
However, studies reveal that many organisations encounter significant challenges in this area, often struggling to allocate the necessary time to pause operations for critical updates.
Disturbingly, many organisations patch their OT systems only every few months or even longer, significantly heightening their risk exposure. Specifically, 31.4% apply patches monthly, while 46.9% do so every few months, and 12.4% update only once or twice a year.
These challenges in maintaining effective patch management are exacerbated in OT environments, where limited device visibility, inconsistent vendor patch availability, specialised expertise requirements and regulatory compliance add layers of complexity to the cybersecurity landscape.
As IT and OT systems increasingly converge, there is a pressing need to harmonise these traditionally disparate systems, which have often relied on proprietary technologies rather than open standards.
The challenge is further intensified by the rapid proliferation of Internet of Things (IoT) devices—ranging from cameras and smart sensors for asset tracking and health monitoring to advanced climate control systems. This explosion of connected devices broadens the attack surface for industrial organisations, underscoring the urgent need for robust cybersecurity measures.
For industrial customers, Kaspersky provides a unique ecosystem that seamlessly integrates specialised OT-grade technologies, expert knowledge and invaluable expertise. Kaspersky Industrial Cybersecurity (KICS), a native XDR platform for critical infrastructure, is the cornerstone of this OT ecosystem, that offers centralised asset inventory, risk management and audit, and enables security scalability across diverse, distributed infrastructure via a single platform.
Additionally, Kaspersky recommends that industrial organisations adopt the Secure by Design ideology when deploying new OT devices or systems.
“At Kaspersky, we bring the Secure-by-Design concept to life through our Cyber Immunity approach. This means building products that are resilient by architecture — able to withstand attacks, even those exploiting unknown vulnerabilities.
Unlike traditional systems, Cyber Immune products don’t rely on constant patching or external security layers. As a result, our clients benefit from stronger protection, simplified maintenance and a lower total cost of ownership — without compromising on security,” says Dmitry Lukiyan, Head of KasperskyOS Business Unit.
With Cyber Immune products based on KasperskyOS, organisations can enhance their systems’ resilience with minimal additional cybersecurity costs, thereby reducing overall cybersecurity expenses in the long term.
General News
NITDA, NCFRMI Forge Strategic Alliance for Inclusive Digital Transformation of Displaced Nigerians
Kashifu Inuwa, the Director General of the National Information Technology Development Agency (NITDA), has reaffirmed the agency’s commitment to advancing inclusive digital transformation, particularly among Nigeria’s displaced population.
He made this known during a strategic engagement with the leadership of the National Commission for Refugees, Migrants, and Internally Displaced Persons (NCFRMI) at NITDA’s Corporate Headquarters in Abuja.
Inuwa highlighted the productive partnership NITDA and NCFRMI have cultivated over the years through staff training and ICT support. He announced plans to “reactivate and scale up this collaboration by supplying new IT equipment and introducing customised digital literacy programmes in resettlement cities.” This initiative aligns with NITDA’s Strategic Roadmap and Action Plan (SRAP 2024–2027), which aims to achieve 70% digital literacy nationwide by 2027, a central pillar of the Federal Government’s digital economy agenda.
Outlining NITDA’s renewed efforts include several key strategies: Establishing community-based digital learning centres with shared devices; Deploying trained National Youth Service Corps (NYSC) members to deliver ICT training in resettlement camps; and Providing ICT infrastructure tailored to the unique needs of each community.
Inuwa also revealed that NITDA is partnering with an international organisation to deploy innovative tech hubs within Internally Displaced Persons (IDP) camps across the Federal Capital Territory.
He emphasised the need for a formalised workstream between both agencies to conduct joint needs assessments in resettlement cities and camps, design and deliver customised interventions for each community, and develop a scalable, replicable model for nationwide adoption. This collaboration, Inuwa reiterated, is crucial for scaling impact and reaching more Nigerians in need, aligning with President Bola Tinubu’s Renewed Hope Agenda.
Hon. Tijani Aliyu Ahmed, Federal Commissioner of NCFRMI, commended NITDA’s leadership in driving national development. He noted that Nigeria currently hosts over 6.1 million internally displaced persons due to insecurity, insurgency, and natural disasters, with over 125,000 Nigerians also seeking refuge in neighboring countries. While the Federal Government is addressing these challenges, deeper partnerships are essential to empower vulnerable populations.
Commissioner Ahmed stressed that the partnership extends beyond digital tools, aiming to restore dignity and opportunity. He added that strengthening host communities by improving access to clean water, rehabilitated schools, and healthcare services is also a goal.
Resettlement cities have already been developed in Kano, Borno, Zamfara, Katsina, and Daura, with a new site in Keffi, Nasarawa State, housing over 40 households. These centers provide homes, healthcare facilities, markets, schools, vocational training hubs, and agricultural land to empower displaced persons to rebuild their lives.
“Digital literacy is now a vital component of empowerment. With initiatives like JAMB’s shift to Computer-Based Testing, we must ensure that displaced children and youth acquire the ICT skills needed to thrive in today’s world. “We are fully committed to working with NITDA to ensure no Nigerian child is left behind.”
National Space Research and Development Agency (NASRDA) has signed a Memorandum of Understanding (MoU) with Galaxy Space, Chinese LEO satellite player, to deploy direct‑to‑device (D2D) satellite services nationwide by the end of this year.
According to media reports, Galaxy Space will integrate its LEO satellite constellation into Nigeria’s telecom grid, which will allow existing smartphones and laptops to link directly to the satellites.
The MoU also covers technology‑transfer programmes, joint R&D labs and the co‑production of a CubeSat by Nigerian engineers.
Apart from the benefit of enabling mobile coverage outside of terrestrial network range, Dr Matthew Adepoju, director- general, NASRDA, said the deal with GalaxySpace would enable Nigeria to build up its domestic space technology sector.
“It is no longer acceptable that we must import every single device we need,” he told the News Agency of Nigera. “The time has come for us to produce our own technologies here at home.”
GalaxySpace, which designs and manufactures its own LEO satellites, currently has a test constellation of seven LEO satellites in orbit, and has said its “Mini-Spider” constellation will eventually comprise up to 1,000 satellites.
GalaxySpace said it has also signed multi-tier partnerships in Thailand, the United Arab Emirates, Saudi Arabia, Indonesia, and Malaysia.
Last year, it also signed a deal with Hong Kong carrier PCCW Global to integrate its LEOsat connectivity with PCCW’s worldwide network, giving it access to over 3,000 cities across the Americas, Europe, Africa, the Middle East and Asia-Pacific.
MTN Says New N6.98 USSD Charge Won’t Affect Airtime Recharge
Sofri Rejigs Digital Platforms for Better Customer Experience
DLM Group Unveils Innovative Sovereign Bond Backed Composite Notes
Study Reveals 7% of Industrial Organizations Tackle Vulnerabilities Only When Necessary
NITDA, NCFRMI Forge Strategic Alliance for Inclusive Digital Transformation of Displaced Nigerians
General News3 days agoNASRDA, Galaxy Space Firm Sign MoU on Satellite Connectivity
Telecom3 days agoOver 1m Nigerians Reached through MTN Staff’s Digital and Community Outreach
Telecom3 days agoMafab Gets 0724 Number Series, Launches Mcom 5G Brand
News3 days agoDBN Awards N13m in Grants to Tech Startups
Telecom3 days agoNCC to Name, Shame Telecom Infrastructure Vandals
News3 days agoFCCPC Shuts France, Belgium, and Italy Visa Centres in Abuja Over Alleged Consumer Rights Violations
Telecom3 days agoWSIS Review: Nigerian ICT Leaders Urged to Shape Global Digital Future
E-Financial3 days agoBank Customers Petition CBN over Illegal Deductions, Demand Action