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The Economist Says President GEJ is “Bad luck for Nigeria”

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General Muhammadu Buhari, presidential candidate of the All Progressives Congress (APC) and President Goodluck Ebele Jonathan:
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The Economist, influential United Kingdom-based magazine, has returned a damning indictment on President Goodluck Jonathan and said his “discredited ruling party faces its greatest electoral test yet”.

This is coming on the heels of the endorsement of Muhammadu Buhari, presidential candidate of the All Progressives Congress (APC), for the February 14 election by The Economist.

The newspaper said it was endorsing Buhari because a “former dictator is a better choice than a failed president”.

Although the newspaper does not have much influence on the majority of Nigerians, its views are highly respected among Western leaders.

In the latest report, the newspaper tore President Jonathan apart and poured every invective available to describe his incompetence.

Below is the text of the report: http://www.economist.com/news/middle-east-and-africa/21642236-discredited-ruling-party-faces-its-greatest-electoral-test-yet-bad-luck

A three car convoy is considered modest for leading Nigerian politicians, and modesty appeals to Muhammadu Buhari, the leading opposition candidate in the presidential election due to be held on February 14th.

 From his rented house made of simple concrete with few windows, his cars drive into a busy street and are almost immediately stuck in traffic.

Without the armed outriders and flashing lights that ease the passage of officials in the ruling party he inches his way to the airport in Abuja, the capital, his aides glancing around nervously.

The aura of power catches up at the terminal building as he prepares to start the day’s campaigning. Courtiers, jobseekers and hangers-on in colourful garb and headgear rush in.

Shyly he shakes hands. Mr Buhari, a 72-year-old retired general who ruled Nigeria for 20 months in the mid-1980s (and then spent 40 months in detention), may be on the verge of triggering the first democratic change of power in the country’s modern history.

Polling and observers suggest the race between him and the incumbent, Goodluck Jonathan (pictured) is too close to call, with each commanding about 42% of the vote. 

Ever since 1999, when the army relinquished power, Nigeria has been ruled by the People’s Democratic Party (PDP), a sophisticated political machine greased by billions of dollars’ worth of oil money. Yet less cash is available these days.

A sharp decline in the oil price has coincided, unluckily for Mr Jonathan, with the election. Government revenues have halved in recent months and the currency has tumbled by a quarter. Civil servants are paid late, if at all. Infrastructure projects have stalled.

But the government’s biggest liabilities are the result of its own greed. Officials have never been shy about dipping into public troughs but the present lot is, by common consent, especially avaricious.

Last year the governor of the central bank said that $20 billion had gone missing. He was sacked for his trouble.

A report into his allegations is now on Mr Jonathan’s desk. Rampant theft has not only harmed the economy and exacerbated poverty but it has also contributed to public insecurity.

With corruption endemic even in the army, soldiers are sent to the front line short of ammunition and rations.

Demoralised and poorly led, they have failed to quell a jihadist insurgency in the north-east that has killed thousands.

Almost a year ago militants from Boko Haram, a jihadist group that claims to have established a “caliphate” over a chunk of the country, kidnapped more than 250 girls from the town of Chibok.

The government barely stirred until it was goaded into action by an international outcry.

With much of the north-east in flames—around 1.5m people have been forced to flee their homes—many voters believe Nigeria’s situation today is worse than at any time since the civil war in the late 1960s.

To be sure, large parts of the country remain secure and the economy has boomed in recent years, but insecurity is spilling southward. Left unchecked, the insurgency could tear Nigeria apart.

At rallies, Mr Jonathan encounters unenthusiastic supporters; many are paid to turn up and so leave before his speech ends.

Chairs are provided, perhaps to make the crowd seem larger. At a rally in Yola in late January they were thrown at him. Elsewhere his convoy has been stoned. Some election billboards are guarded by soldiers, giving rise to calls that the men should fight Boko Haram instead.

The candidates, and their parties, exhibit few ideological differences. The election revolves around questions of honesty and competence as well as ethnic and religious identity—unsurprisingly, given Nigeria’s diversity, with 500 languages spoken among its almost 200m people. Mr Jonathan is a Christian from the south whereas Mr Buhari is a northern Muslim.

The key to victory for either candidate may lie partly in whether people vote along religious lines. To win, Mr Buhari must convince Christian voters, predominantly in the south, that being Muslim is not synonymous with Islamism.

The atmosphere at Buhari rallies—even those held away from his northern heartland—suggest that momentum is on his side. Many attendees are euphoric with optimism that he can fix the country.

They also hope that, as a former military man, he knows “how to make soldiers fight, not run away.” He has some form.

Under his command in the early 1980s the Nigerian army drove out Chadian rebels from areas now held by Boko Haram (and which, ironically, are now being contested by Chadian soldiers who have been sent to assist Nigeria).

They also look at his record in fighting corruption. When he was head of state he, rather unusually for the office, kept his fingers out of the till.

He locked up hundreds during an anti-corruption campaign and launched a “war against indiscipline” in which he got whip-wielding soldiers to enforce orderly queuing. Civil servants who arrived at work late were forced to perform “frog jump” squats.

Yet, during this period thousands of political opponents were detained without trial, political meetings were banned and the press was tightly controlled. Hundreds of people were tried before secret military tribunals and many were executed for crimes that were not capital offences when they were committed.

Eager to play up his past the PDP has been publishing photos of him in military uniform with the headline, “Once a dictator, always a dictator”.

Activists and foreign diplomats are unworried by his past. His running mate, Yemi Osinbajo, is a lawyer and pastor with a strong record of championing human rights. Mr Buhari, for his part, told The Economist: “We have to stick to the constitution of the country. Once upon a time I was a military man. But I do not want to militarise democracy.”

If anything, Mr Buhari’s biggest flaw is the opposite of what the PDP alleges. He has never been a forceful character; he can be Reaganesque in his inclination to set the tone and direction of policy but leave the details to others.

His party, the All Progressives Congress (APC), is the product of a recent merger of the four main opposition groups. Ruling-party bigwigs dismiss it as a “party of candidates” squabbling for power.

Attempts to form a united opposition party at previous elections failed because the leaders could not agree on a joint candidate. This time they did, holding a credible primary before choosing Mr Buhari.

The APC has, moreover, already shown it can govern competently. It runs the two most populous urban areas, Kano and Lagos, and almost half the federal states. Supporters on both sides have threatened to protest violently against a loss.

Tempers will probably also flare if there are widespread irregularities in the conduct of the vote (see article).

Some fear a Buhari victory could lead to an eruption of violence in the Niger Delta, the home region of Mr Jonathan, where the government has bought a precarious peace by paying off former militants. A victory for Mr Jonathan could, meanwhile, spark unrest in the north.

The vote in 2011 was judged one of the country’s fairest, and yet almost a thousand people died in communal fighting.

This election could mark a permanent shift in Nigerian politics away from one-party rule. The powerful used to crowd around one big trough, awaiting their turn. Now they must choose between two troughs. That makes for potentially nastier politics. But if Nigeria can hold together, there is a hope of better government.


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Leo Stan Ekeh: A “Rare Avis”, an Unconquerable Entrepreneur

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By Tim Akano

Leo Stan Ekeh (LSE) is an extraordinary human being. He is extremely hardworking, hugely brave, and massively intelligent. He is a shrewd businessman but with a cathedral-size heart of butterfly

Leo Stan Ekeh: A "Rare Avis", an Unconquerable Entrepreneur

Leo Stan Ekeh

I’m a product of LSE’s generosity. But not only me, I am close enough to know. We are uncountable.

I was always with him after office hours in his office twenty years ago when he was constructing a church in his place of birth. He was so committed to details and beauty that when the church was roofed and he went for inspection and discovered some misalignment, he instructed the contractor to remove the roof and redo it, without minding the extra cost coming from his pocket.

There was this physically challenged fellow that LSE bought a car for, including a driver to make life easier for her.

During one of his birthday celebrations, he told me, Tim, I am not inviting my friends for any birthday party this year, all the money I would have used in buying expensive wine, I am donating everything to charity

LSE & I

He actually looked for me when I started New Horizons. He read my interview in the Vanguard news paper and asked his staff to look for me.

Prayer:
May each of us receive a telephone call before the end of 2025 that will change our life’s trajectory for good for ever in Jesus name, Amen.

I did.!

Our conversation on that fateful Friday went like this:

LSE: Tim, I read your interview in the newspaper. I would like us to meet.

Tim: You are our LEADER in the Technology ecosystem, Sir.
I can come to your house tomorrow Saturday morning for a breakfast.

LSE: Tim, that’s good, I will be expecting you by 8am tomorrow in my house.

By 8am the following day, I was in his massive, intimidating house.
As I entered the premises I said a simple prayer: The God Almighty who is blessing LSE, please Daddy God be kind to me also in my entrepreneurship journey Amen.

That day the breakfast meeting went well. He wanted to see the man behind the ambitious vision of transforming the ICT education in Nigeria.

He saw tomorrow!

1 LSE First Intervention: Two years after I started my company, New Horizons, I ran out of cash, even to pay salary was a prayer item every 30th of the month. That was May, 2007 it remained just 72 hours for Heaven to fall on my head, metaphorically speaking, that is!

I needed N10M to stop HEAVEN FROM CRASHING ON MY HEAD!
Banks in Nigeria are irrelevant to Start-ups, except and until you START WALKING, Banks will not come to your assistance in Nigeria.
It is O.Y.O (On Your Own) for every Start-up. If you don’t have God 100% on your side, don’t dabble into entrepreneurship in Nigeria!

This is why over 80% of Start-ups failed in Nigeria. In America, it is about 50%.

LSE was in Abuja on this particular Thursday. I called him and requested to see him. He told me to come.

Our conversation went like this:

LSE: Tim, I know you are keeping well.

Tim: My chairman, I am strong in faith, but in reality, heaven is hot on my side o! I need help, Chairman.

LSE: What is the matter, Tim?
Tim: I need N10M soft loan to keep afloat. It is urgent, critical and time- bound.

LSE ok, Tim, see me on Monday (that meeting took place on a Thursday).

Tim: My chairman, I am not exaggerating the criticality of my situation. by Monday it would be too late because Heaven would crash on my head in another 72 hours without the N10M! And it would be all over.

LSE adjusted himself, he breathed in , he looked me straight in the eyes. I wouldn’t know what LSE saw in my eyes that day.

But he stood up, went to the inner room and he came out with his cheque book. He gave me an Access Bank cheque for N10M, which I later refunded 3 months later without interest.

I survived, heaven didn’t fall that day, glory be to God and thanks to LSE.

LSE intervention 2:

This time we had grown, having survived the ABIKU YEARS (The first 5 years of Start-up are the ABIKU YEARS, years of premature, sudden death. If you survive the first 5 years, your chances of living to celebrate your 20 years in business are bright). We did, all gratitude to God.

I got a business that required huge capital to execute- very big money, which was beyond my capacity.

I went to my destiny- helper again. He is never tired of seeing me. He picks my calls on the first ring. But I don’t abuse the access too. No frivolous conversations. No irrelevant calls. Every call is about matter and mission critical

This particular day LSE was looking extremely tired, having over flogged his body.

He told me he had been sleeping in the office for about 3 days, busy putting his papers together to enable him close a massive business deal, which he eventually got, after fighting like a lion whose cub was taken by a lone leopard!

LSE overwhelmed every opposition. He fought like Mohammed Alli, the world’s greatest boxer of all time. LSE won.
And that changed everything for him, too, forever. Fortune favours the Brave

Our conversation that day went like this:

LSE: Tim, congrats you are doing well, I can see. Indeed I instructed all my staff to make sure they read any article you published (“I felt flattered”).

Tim: Chairman, I need your help, KONGA is not ready to give me the products I needed on credit and I don’t have cash to pay and the client will not pay me until after 9 months.

Tough one, indeed.

LSE: Tim, I will be honest with you, there is no way KONGA would give you products worth N500M (10 years ago money!) on credit.

Indeed, we held a meeting on Monday over your matter, the resolution of the Zinox Group is that you must look for cash before you can get the products. Let me tell you, my staff made me to sign-off on our resolution that as the Chairman of Zinox , I, LSE will not go behind to do the opposite of what we all agreed to, and I signed. Tim, I am sorry, my hands are tied!

As of that time, some of the young people LSE helped disappointed him badly. So bad, some souls are ungrateful.

Tim: Chairman, I know some of the people you helped even went to the extent of wrongfully blackmailing you in the media. I know that for a fact.

But Chairman, I am different. I am Tim Akano, I won’t disappoint you.
I will remain eternally grateful if you can still think out- of -the box and help me out.

I added: Chairman, you recall you were the one who looked for me that you would give me a helping hand in life.
I think my last statement touched him.
LSE Tim, I will give you my personal cheque. Here is the cheque for you, take it to KONGA and pay for your goods to meet your deadline.

Tim On getting to KONGA, from my steps and tone, the staff knew something positive had happened.
I confidently presented my cheque to Loretta & Co, the lady managing our account in KONGA then
They were shell shocked that God pulled it through for me another time, using Leo Stan Ekeh.

There were many more positive interventions, which I will reserve for my memoir.

Lessons: The reason behind the rise and rise of Leo Stan Ekeh (LSE) has to do partly because of his massive generosity, most of them are done silently.
Yes, LSE is a shrewd businessman, but he has a heart of a butterfly.

2 LSE is unconquerable and himself and his lineage will remain so because of several lives he has impacted positively

3 We are all products of people’s generosity. No one is a self-made man. In my own corner, through the TIM AKANO FOUNDATION, I am giving back in thousands folds all the kindness I am enjoying from people like LSE & others. I’m not withholding any kindness from people who need it when it’s within my capacity. God saw my heart, too, that when he must have helped me to stand, I will light thousands of candles.

It was William Shakespeare who admonished his followers to tell him all the good things they wanted to tell him while he was still alive because tributes written in beautiful prose means nothing to a dead person.

I congratulate LSE children, they have a great father in and his legendary generosity will always speak for them up to the 4th generation., as the Holy Bible said. LSE children should be proud of their father, he is a Lion, an Eagle and a butterfly, (LEB) all together at the same time.

@LSE: Sir, if you manage to read this short public appreciation, which I was inspired to write in a wedding event (the couple is taking over one hour to come out, instead of joining people who are anxious, I decided to use my idle time to pay you this tribute today), I want you to feel proud of yourself; what you have achieved will take an average person 10 lifetimes to achieve.

Your positive numerous interventions in my entrepreneurship journey have germinated and I am also touching lives- like you- in thousands across Africa, not only in Nigeria, especially with regards to Youth Empowerment.

I am eternally grateful, my chairman, my destiny-helper.

My prayer for you my Chairman, LSE: The Lion, the Eagle, the Butterfly (LEB) is for God to keep you continuously in sound, divine health, peace and happiness- that you will still remain strong at 120 years of age like the Biblical Moses who miraculously escaped physical depreciation in his eyes, strength and mental magnitude.🙏

Gratitude!
Gratitude!!
Gratitude!!!

[email protected]


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NITDA Wins Triple SERVICOM Honours for Citizen-Centred Service Delivery

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National Information Technology Development Agency (NITDA) has clinched three prestigious Service Compact with All Nigerians (SERVICOM) awards at the annual Ministry, Departments and Agencies (MDAs) Awards ceremony, earning acclaim for its outstanding citizen-centred service delivery.

NITDA Wins Triple SERVICOM Honours for Citizen-Centred Service Delivery

NITDA

The honours spotlight NITDA’s leadership in digital transformation and efficient public service, as evaluated by SERVICOM on key benchmarks of timeliness, transparency, and customer satisfaction.

NITDA Director General, Kashifu Inuwa Abdullahi, received a personal commendation plaque during the event, recognising his unwavering support and commitment to prioritising citizens in agency operations.

The agency also secured a Special Recognition Award from the SERVICOM Office, celebrating its sustained initiatives to bridge government and citizens through high-quality service delivery.

In a further mark of excellence, NITDA was named the 2nd Best Performing Public Service Unit (PSU) Team B within the competitive MDAs category.

SERVICOM Framework Drives Public Service Reforms

SERVICOM, established to enhance service quality across Nigerian public institutions, assesses MDAs based on rigorous standards that ensure responsiveness to public needs.

NITDA’s triple honours reflect its strategic focus on leveraging technology to streamline services, foster accountability, and promote inclusive digital governance.

The awards align with broader federal efforts to reposition public service delivery amid Nigeria’s push for digital economy growth.

NITDA’s Digital Leadership Under Spotlight
Since its establishment, NITDA has spearheaded national ICT policies, infrastructure development, and capacity building, positioning Nigeria as an emerging digital hub.

The agency’s SERVICOM success underscores effective implementation of the National Digital Economy Policy and Strategy (2020-2030), enhancing e-government services and citizen engagement.

Kashifu Inuwa Abdullahi’s leadership has been pivotal in initiatives like the National Centre for Artificial Intelligence and Robotics, alongside partnerships driving broadband expansion and cybersecurity.

These recognitions come amid NITDA’s ongoing campaigns for data localisation, digital skills training, and startup ecosystem support.


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FCCPC Forces Ikeja Electric Into Compliance, Unseals Headquarters After Rights Breach

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Federal Competition and Consumer Protection Commission (FCCPC) has secured enforceable compliance from Ikeja Electric Plc, leading to the unsealing of the electricity distributor’s headquarters after regulatory intervention over consumer rights violations.

FCCPC Forces Ikeja Electric Into Compliance, Unseals Headquarters After Rights Breach

Ikeja Electric

The Commission had sealed the company’s headquarters on December 11, 2025, following its failure to comply with a directive of the Nigerian Electricity Regulatory Commission (NERC) to unbundle a Maximum Demand account into 20 individual accounts for a customer who had remained without electricity for more than two and a half years.

Following the enforcement action, Ikeja Electric entered into a binding undertaking with the FCCPC, committing to resolve all consumer complaints referred to it by the Commission within agreed timelines.

The FCCPC warned that any breach of the undertaking would trigger renewed and escalated enforcement under the Federal Competition and Consumer Protection Act (FCCPA).

The Executive Vice Chairman and Chief Executive Officer of the FCCPC, Mr. Tunji Bello, said the intervention underscores the Commission’s resolve to protect consumers and enforce regulatory decisions.

“Our responsibility is to ensure that consumers are treated fairly and that service providers comply with lawful decisions and directives. Enforcement is not an end in itself. Where compliance is achieved and credible commitments are made, the Commission will respond appropriately,” Bello said.

He added that the resolution reflects a firm but balanced regulatory approach.

“We intervene decisively where consumer harm persists, and we de-escalate where enforceable compliance is secured. What remains constant is our duty to protect consumers and uphold regulatory accountability,” he said.

The FCCPC said the outcome sends a clear signal that consumer rights violations will attract decisive regulatory action, while companies that demonstrate genuine compliance will receive proportionate responses.


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