11 months ago

19022018 - Benue killings, continuation of 1804 jihad

  • Text
  • Nigeria
  • Vanguard
  • February
  • Nigerian
  • Lagos
  • Addressed
  • Buhari
  • Naira
  • Chairman
  • Herdsmen
Vanguard Newspaper 19 February 2018

32 — Vanguard, MONDAY,

32 — Vanguard, MONDAY, FEBRUARY 19, 2018 (08052201997) ‘ HOUSEHOLDS have become severely traumatized, nationwide by the escalating prices of goods and services, particularly in the last six months or so. The uneasy feeling that one’s pocket, has been picked has probably become common after every visit to the market, as the smallest available plastic sachet may be all that is needed to pack your N10,000 purchase(s) from the ubiquitous corner street medicine stores in our cities. In retrospect, in 1977, the highest Naira denomination was the N20 note, and exchanged for almost when it was first issued. Unfortunately, after the serial devaluations which followed the IMF inspired Structural Adjustment Program, the N1,000 note became the highest denomination in our currency by 2005, and exchanged for just over . Sadly, in the last 12months or so, the latest round of Naira devaluation has further depleted the exchange value of the same N1000 to about . Although, coins officially remain a part of the Naira profile, they have however, been widely rejected because of their worthless present value; consequently, the N5, N10, N20, N50, N100 secondary denomination notes now perform the roles normally reserved for hard wearing, longer lasting, metal currency to facilitate change and transactions in the market place. Nonetheless, if the present free-fall of the Naira remains unchecked, and if the rate approaches =N1000, the N1000 note may ultimately also assume the role of lower denomination coins despite its fragile fabric; indeed if Naira dropped from N165 to almost N400= in 12months, and dollar supply remains grossly inadequate to match the subsisting, persistent excess Naira supply, Naira exchange rates will invariably become much weaker and a rate of FINANCIAL VANGUARD THE Standards Organisation of Nigeria has embarked on a nationwide mopping up of substandard tyres with the aim of destroying them in an operation codenamed, ‘Operation Gbale’. Director, Inspectorate and Enforcement, SON, Mr. Bede Obayi, disclosed this to journalists on Friday during the destruction of over N5 billion worth of seized tyres, which were kept in the agency’s warehouse in Lagos. Obayi said SON had been carrying out sensitisation campaigns aimed at educating buyers about the dangers of The inevitable choice between N10,000 note and redenomination N1,000=, may become inevitable. Thus, even if N10,000 note is introduced as highest denomination, it will only exchange for . Similarly, new issues of N2,000 and N5,000 notes will exchange for and respectively. Clearly, unless the fundamental flaw in the pricing model that produces weaker Naira exchange rates is addressed, further Naira depreciation will prevail and ultimately N20,000 and N50,000 notes may become necessary. This may seem farfetched, but we should be reminded that Ghana’s currency profile included 50,000Cedi notes before the 4 point redecimalisation in 2006. Evidently, the adoption of N2,000, N3,000, N5,000 and N10,000 notes will facilitate cash handling, but it will also challenge the cashless project, on which government has invested so much to implement. However, the relative success of the cashless project, notwithstanding, some critics may contend that, with respect to monetary policy, the promotion of the cashless project may have been actually counterproductive, as it expectedly fuelled an already incendiary inflationary spiral, because of the increased velocity in money circulation that it induced. Higher denomination Naira notes will obviously facilitate portability, but they may also attract the usual threat to security associated with large cash transactions and will therefore set back the cashless initiative. Higher denominations will however, become inevitable if the continuous slide in the Naira’s exchange rate is not arrested. The addition of N2,000, N3,000, patronising fake tyre distributors. He said that in a bid to ensure that the tyres would not find their way back into the market, the agency had acquired sophisticated and rugged equipment that could destroy the tyres without causing harm to the environment. He stated: “This nationwide campaign is meant to discourage people from selling and buying these tyres because N5,000 and N10,000 notes will however, be popularly welcomed to replace the increasingly ‘worthless’ lower denominations below N1,000. Nevertheless, competitive retailing will invariably be challenged by the rejection of lower denominations, as products will become priced in steps of N500 and N1,000.00, so long as primary kobo coins remain worthless. Alternatively, however, the need to restore portability and competitive retail best practiceprofile with an embedded usage of primary coins, may Higher denominations will however, become inevitable if the continuous slide in the Naira’s exchange rate is not arrested advise that a 3 point decimalization of the Naira profile will facilitate such objective. Under such arrangement, the current N1,000 note will be replaced with a New N1 note, while the current N100 note will be replaced with a Ten Kobo coin, so that the existing N50 note will become a New five kobo coin, similarly, the present N10 will become the new one kobo. In such a redenominated profile, one US dollar, will exchange for N0.3, in consonance with the subsisting average exchange rate of about N300=; consequently, if the Naira further dips to say N500= before redecimalization, the New N5 will exchange for and so forth. Invariably, currency redenomination will be a much more expensive undertaking than the alternative of new issues of higher Naira notes, because a redenominated profile will incorporate the whole gamut from the new kobo coin (old N10) to the highest new N100=, with the inclusion of new designs for other standard denominations in-between. In addition to the significant production cost, redenomination requires longer production lead time and extensive public enlightenment and campaign to facilitate adoption of the new Naira profile. Consequently, it may not be realistic to schedule less than two years before the complete withdrawal of the old currency, so that the new issues actually gain circulation and acceptance. Additionally, a compact currency profile would provide digital margins for competitive retail pricing as kobo coins and lower denomination secondary coins and notes become readily available; the attrition caused by the shortage of change in transactions between petrol attendants, shop keepers and customers will also be minimized to the benefit of an otherwise constantly stressed citizens. The reintroduction of coins with more purchasing value will similarly facilitate the rapid expansion in the use of slot machines, which are commonplace 24hour dumb service outlets for a wide range of consumables (See Articles SON commences nationwide mop-up of substandard tyres they are dangerous. These tyres are mopped up at various locations in the 36 states of the federation and the Federal Capital Territory. “They are being mopped up from those who are packing tyres in three-in-one, four-in-one to save cost. By the time you bring these tyres in such shapes, you have destroyed the tyres, even if you have the SONCAP, which Nigeria has approved as a clearing document for products that are coming into this country; the certificate has already been invalidated.” According to him, millions of seized tyres are in the agency’s warehouse because it is not easy to destroy them. “If we throw them into the sea, these tyres cannot melt, they will just remain there and constitute aquatic problems, and that is why we have mopped them up and are keeping them to destroy them appropriately. When they titled”Redenomination: Why & Why Not?” (17/09/07) and “Redenomination of Ghana’s Currency” (15/01/07) at ). The reality however, is that N100,000 and N200,000 notes with minimal value may ultimately become inevitable and will create serious accounting challenges if the Naira profile is not redenominated and if the slide in the Naira exchange rate continues unrestrained. Advisedly, the significant funding requirement for redenomination and the complete overhaul of the Naira profile may be reduced, if the Nigerian Security Printing and Minting Company is appropriately retooled and upgraded to produce a substantial part, if not all the new cash requirements. Unfortunately, however, the subsisting underlying triggers of inflation will not be neutralized by the mere issue of higher Naira denominations or the complete overhaul and redenomination of the Naira profile. Consequently, unrestrained double digit inflation rates and a Naira exchange rate beleagued by the persistent, untamed, surplus of Naira liquidity will inevitably sustain a new cycle of Naira abuse that will, ultimately, in years to come, compel either of these same options of higher currency notes or complete currency overhaul, to recreate a compact currency profile which facilitates transactions and simplifies the accounting process.” This above article was first published in the Vanguard and Punch newspapers on August 15, 2016. SAVE THE NAIRA! SAVE NIGERIANS! ECONOMY are burnt, they can equally cause environmental pollution and that is why we have acquired rugged machines that can destroy these tyres in such a way that nobody can put them back into use,” Obayi added, He said the perpetrators were in the habit of scrapping off the expiry dates on the tyres and changing them with new and recent dates to deceive consumers. According to him, fairly used tyres are usually picked from the garbage dumps overseas and repackaged for sale to unsuspecting Nigerians. C M Y K

The Honeymoon is over WHEN I was young, I used to reflect that nature in its eternal generosity gave us ‘spare parts’. We had two eyes, and in the absence of one, the other could still function; the ears are two, the arms, legs, lungs, ovaries, testes and kidneys come in pairs. But I had only one elder brother, Vincent Kurowei (VK) Lakemfa. I didn’t think much about him being the only one; he was everything to me as he led me gently through childhood into adolescence. As a High School kid, he introduced me to the world of news and books. He was always clutching a reading material and came back from the mega supermarkets with books. As I grew, I went beyond reading the title of publications on his bookshelves to actually reading them. Soul On Ice by Eldridge Cleaver was one I remember quite clearly for it opened my eyes to racism and African American resistance by the Black Panthers, and unforgettable Brothers like Bobby Seale and Huey P. Newton. Books like that led me to a recurring name, Malcolm X. Like magic, I discovered his By Nathaniel Ngerem MOHAMMED Adamu, I highly commend your well articulated, balanced view on the issues bordering on Israel, Jerusalem, and Donald Trump’s recent landmark declaration. However, I’ll like to comment on some points that I think you, and any other person with similar perception, need to get right. I’m happy that you accept the authority of the Bible on life matters specifically on Israel and God. Abraham’s ‘incestuous’ relationship with Sarah his wife Before God chose Abraham, the man had married his wife, Sarah, and He knew their biological relationship. Yes, they were blood relations, but I don’t think any mortal should teach the Almighty what to do with a man living in sin, especially if He has an appointment with such an individual. God’s reactions are always blunt and outright against sin. So, if God found Abraham’s marriage unacceptable, He would do what He Had always done against ungodly living. His appointment with Abraham and his generation was too critical to be built on an abominable foundation. In the ancient, Old Testament time, it was normal to marry from within one’s family. So, God had no issues with the marriage between Abraham and Sarah. Isaac and Ishmael: These two sons of Abraham have been a point of contentions among the Christians and Moslems. But, since you have a healthy attitude towards the Bible, let’s go there to find out the truth. Genesis 16:1-4 Sarah hadn’t given birth to any child for her husband, Abraham, well advanced in age. God had promised them that Sarah’s old womb would still produce a child of their own, in their old age. When they waited for God to fulfill His promise, it appeared He was not forth coming; and out of the usual human desperation, Sarah persuaded Abraham her husband to go in to her maid, Hagar, to produce a child for them; he did, and the result was Ishmael. Against God’s programme and purposes, they got themselves a child. After autobiography on VK’s bookshelf and devoured it. One book frequently mentioned, which was on his bookshelf I could not get myself to read was one with the tantalizing title, Wretched of the Earth by Franz Fanon; I did not seem to understand it. But in my first year in the university, it became like my Bible. That reminds me that VK ensured I went through the university. Back in my youth, he influenced my taste of music; reggae, and of course, Afro Beat as he was a devotee of the Afrikan Shrine and Fela’s music. Then my world seemed to collapse when without warning, VK was gone! That was in 1986. I then reflected that despite its eternal generosity, nature gave us only one head, one liver and one heart; I had no spare elder brother. However, 29 years later when I became Media Consultant to the Presidential Amnesty Programme, I encountered Tamarabebe (Tam) Freeman Mologe on the Programme’s Management Team. He seemed so familiar. When he was introduced to me, his name rang a bell of past acquaintance. After the meeting, he called and greeted me familiarly. Then I was in one shock after the other; he asked about my siblings and extended families; both maternal and paternal. He knew my late parents quite well! Then a few days later, he made reference to an occasion with VK! I came to realise that apart from being a younger friend of my brother who passed away three decades earlier, they had a lot in common. Friendly and unassuming. Mologe clutched newspapers or books wherever he went just like VK. When he read an opinion I wrote in the newspapers, he discussed it and suggested I needed to read more about colonial Nigeria especially its administration. He backed it up by bringing books Re: Who's Jerusalem the child was born, to the couple’s surprise, God still reiterated His promise, that a child of His covenant was still on the way; a child to be delivered by the old womb of Sarah, not Ismail from Hagar, their housemaid. God even gave the child’s name, Isaac. "And Abraham said unto God, O that Ishmael might live before thee! And God said, Sarah thy wife shall bear thee a son indeed; and thou shalt call his name Isaac: and I will establish my covenant with him for an everlasting covenant, and with his seed after him. And as for Ishmael, I have heard thee: Behold, I have blessed him, and will make him fruitful, and will multiply him In man’s assessment, Ismail was Abraham’s first son: but in God’s eternal purpose, Isaac was Abraham’s ONLY son, and God’s covenant child I realise that even if nature gave us two pairs of body parts, both can be lost exceedingly; twelve princes shall he beget, and I will make him a great nation. But my covenant will I establish with Isaac, which Sarah shall bear unto thee at this set time in the next year”. Genesis 17:18-21 After the birth of Ismail outside God’s arrangement, Abraham and his wife were satisfied, and began to build their future on him. Abraham even prayed God to accept the boy as the covenant child, his heir-apparent; but God insisted on His counsel. The covenant child was still coming, from Sarah’s loins. Even before Ismail, Abraham had also presented his servant, Eliezer of Damascus, as a possible candidate for God’s covenant. “And, behold, the word of the Lord came unto him, saying, This shall not be thine heir; but he that I never heard about the topic. I run two columns in the ‘Vanguard Newspapers’ and could be sure that by the time we met in the office, he had read my column for the day and we discussed it. His office was upstairs; whenever he passed, he was sure to come into my office. Gradually, the staff came to know that whenever they could not find him in his office, mine was one place he was likely to be. He was so doting Vanguard, MONDAY, FEBRUARY 19, 2018 --33 that he would ask his drivers to take me anywhere even when I also have an official car! Most times he came into my office, a familiar question was “Owei, you write so much, have you eaten?” If he was not convinced about my answer, he ordered food. Even when I had eaten, he insisted I share his food. Mologe was so steep in Ijaw history, culture and tradition, that he became my consultant; free of course! The Ijaw language had many variations, and it was always a delight watching him switch from one to another. When I accompanied Mologe on official trips, I watched an artist weave tradition, whether it was before Ijaw or Urhobo monarchs or the Olu of Warri. On such occasions, his performance was like a professional ballet dancer or an Olympic gymnastics champion. What death deprived me from learning by snatching VK, I learnt from Brother Mologe. I had been a very restless young man, and as a student activist, visited virtually all the tertiary institutions including Schools of Nursing and Basic Studies. As a journalist for about two decades, I criss-crossed the country and thought I knew Nigeria. That was before I renewed my acquaintance with Mologe; there was no town I mentioned, he was not familiar with. In contrast, he mentioned many, I had not even heard about. As the struggle against Boko Haram terrorists progressed in the North-East with one village or town contested, I would go to him to find out about such places and he was sure to know. He had been Deputy Controller-General of the Immigration Services and worked shall come forth out of thine own bowels shall be thine heir” Genesis 15:4 At God’s appointed time, Isaac, the long awaited child of God’s covenant with Abraham was born, by old Sarah; and not surprisingly, the madam of the house demanded that the arrogant, insulting maid Hagar, and her son, Ismail, should leave the family immediately. Abraham was reluctant, but God asked him to grant his wife’s demand. “And God said unto Abraham, Let it not be grievous in thy sight because of the lad, and because of thy bondwoman; in all that Sarah hath said unto thee, hearken unto her voice; for in Isaac shall thy seed be called.” Genesis 21:12 So, Hagar the bond woman and her son Ismail, left Abraham, Sarah and the covenant child Isaac, to chart the path to a great future with God. Hagar and her son were not the only ones Abraham settled in that manner. We read: ”And Abraham gave all that he had unto Isaac. But unto the sons of the concubines, which Abraham had, Abraham gave gifts, and sent them away from Isaac his son, while he yet lived, eastward, unto the east country.” Genesis 25:5,6 So, Isaac was left alone to enjoy the status of the sole heir to his father’s wealth, and the fruit of a covenant with the Almighty. We can summarise the story of Ismail and Isaac thus: a.Ismail was a product out of human desperation, when man could not wait for God’s time forthe arrival of the promised child, Isaac. b. At the right time, God instructed that Hagar and her son, Ismail be sent away from Isaac, to allow the covenant child to savour the glory of his father’s covenant with God. c. In man’s assessment, Ismail was Abraham’s first son: but in God’s eternal purpose, Isaac was Abraham’s ONLY son, and God’s covenant child. “And it came to pass after these things, that God did tempt Abraham, and said unto him, Abraham: and he said, Behold, here I am. And he said, Take now thy son, thine only son Isaac, whom thou lovest, and get thee into the land of Moriah; and offer him there for a burnt Send Opinions & Letters to: across the country. But that was not why he was an expert on Nigerian towns and borders; he had a passion for it, studied them and quite often, visited, going far beyond the call of duty. Apart from Professor Anthony Ashiwaju, he was the only other expert on borders I knew. In 2017, my old Comrade, Abdulkadir Isa, a retired Immigration officer visited me from Kano. I asked whether he knew Mologe. He shot up, inquired if I meant the retired DCG, I confirmed. He said he knew the name in service, but never met him.”He is the expert on borders in the Immigration”. When I told him Mologe had an office upstairs, he insisted we go see him immediately. After introducing them, Isa did not come down with me. Such was the attraction of Mologe. I asked him why he did not write a book on our borders only to discover that he had a big manuscript. He also told me about a project on the electronic mapping of our borders especially the North-East he was involved in under the Federal Government with some foreign experts. His regret was that after his retirement, the project seemed to have died. On January 26, I called his wife’s number, he picked. We discussed. Three days later, I called and the wife informed me that he had been hospitalised. About midnight Monday, January 30, 2018, the elder brother I did not know I had, passed on. He is to be interred in Patani on March 2. I realised that even if nature gave us two pairs of body parts, both can be lost. offering upon one of the mountains which I will tell thee of.” Genesis 22:1,2 If there is any great regret the world has today, it is the error committed by Pa Abraham and his wife, Sarah in trying to be faster than God. That error was the one that produced Ismail, the father of the Arabs. The situation of the Arabs and the rest of the world today is the fulfillment of what God said about Ismail their father: “And he will be a wild man; his hand will be against every man, and every man’s hand against him; and he shall dwell in the presence of all his brethren.” Genesis 16:12 Israel, as God’s chosen people, with the promised land. The relationship between God and Israel is beyond the understanding of mortals. But the truth is that He, the Almighty, out of His sovereign counsel, chose a man called Abraham. God called this man, and without questions, he believed the Almighty and followed Him. God was pleased with Abraham’s faith and decided to strike a covenant with him and by extension, his generation. The covenant is everlasting. Forunately, both the Bible and the Quran acknowledge this exclusive position enjoyed by Israel. Let’s hear the Lord. "Now the Lord had said unto Abram, Get thee out of thy country, and from thy kindred, and from thy father’s house, unto a land that I will shew thee: And I will make of thee a great nation, and I will bless thee, and make thy name great; and thou shalt be a blessing: And I will bless them that bless thee, and curse him that curseth thee: and in thee shall all families of the earth be blessed.” Genesis 12:1-3 “And I will establish my covenant between me and thee and thy seed after thee in their generations for an everlasting covenant, to be a God unto thee, and to thy seed after thee.And I will give unto thee, and to thy seed after thee, the land wherein thou art a stranger, all the land of Canaan, for an everlasting possession; and I will be their God. And God said unto Abraham, Thou shalt keep my covenant therefore, thou, and thy seed after thee in their generations.” Genesis 17: 7-9 Continues on Wednesday pg 18 *Mr. Ngerem, is a cartoonist with Vanguard Newspapers. C M Y