By Azuka Onwuka
There is a baseless lie many Northerners and Southwesterners have repeated for long that they now believe it to be true, and they have continued to pass it on to their children. That blatant lie is that the reason they don’t have much property or businesses in Igboland like the Igbos have in other parts of the country is that Igbos don’t sell property to them or rent shops to them.
The Arewa Youths repeated that lie in their letter to the Acting President thus:
“And since the Igbo have virtually infiltrated every nook and cranny of Northern Nigeria where they have been received with open arms as fellow compatriots, we strongly believe that the region is no longer safe and secure in the light of the unfolding threats and the fact that for a long time, the Igbo have gone to extraordinary lengths to ensure that in their domain in the South East, Northerners and Westerners are as much as possible disenfranchised from owning any businesses whereas, in Kano alone, they own not less than 100,000 shops across all the business districts.”
I have thrown a challenge many times on this but nobody took up my challenge. I made myself available to help anybody buy property in Nnewi and give that person a signed promise that nothing will ever happen to that property and also make my children take over that pledge when I am gone. Mind you, a storey building sells for as much as N200 million in some parts of Nnewi. So don’t think it is some place where nobody wants to buy from.
The simple question to ask those who make this baseless claim is, if Igbos don’t sell property to them, don’t Edos, Efiks, Ijaws, Ur hobos, etc in the South-South sell to them too? How many lands and shops do Northerners and Westerners own in Calabar or Benin or Uyo or Warri, etc?
How much property and stationary businesses do Northerners own in the South-west outside Lagos (former capital)?
How much property and businesses do Yorubas own in the North outside Abuja?
So what is the reason for that?
I have urged some Hausas and Yorubas in Nnewi to buy property but some of them smiled knowingly and kept quiet, while some told me plainly that they can’t take such a risk with the way things are in Nigeria.
The problem is simply fear of the unknown. Most Nigerians – minus the Igbos – have this fear that there will still be trouble in future. So they go into any state outside their region with a bag to do their business and leave when they are done. Many don’t even go with their wife and children for fear of the unknown. They believe that it is only the former FCT (Lagos) or present FCT (Abuja) that is less risky to invest in.
Most people don’t understand what drives Igbos in their business and investment decisions. Igbos don’t buy property in other parts of Nigeria because of any special treatment is given to them by their hosts. They buy property in spite of all that goes with property and the risk involved. They lose their money to fraudsters and omonile regularly in the Southwest. They lose their property to government demolition of the property. Yet they invest in property because they see property as a profitable investment, and they hate to continue to be tenants forever. An Igbo man wants to be his own master (landlord) as quickly as possible.
Igbos have lost their property and businesses to burning, destruction and looting repeatedly in riots in the North. They have even been killed repeatedly. Yet they return to rebuild.
A few years after the abandoned property saga in Port Harcourt, Igbos returned to Port Harcourt and began buying property again like crazy. Even when they are warned of the possibility of a repeat of 1970, they still go ahead to invest in property.
Obasanjo has had some land in Enugu since the 1970s when he was head of state. He has not developed the land till today. Buhari said in his asset declaration that he has some land in Port Harcourt (probably given to him free of charge). He doesn’t even know where the land is, not to talk of developing it. Yet these are heads of state who fought for the unity of this nation and are always talking about one Nigeria and need to believe in Nigeria. Yet they don’t even have faith in investing outside their regions or FCT.
Igbos believe that crisis and loss will not make one not to make an investment decision. Their thinking is: “What if I don’t invest and nothing happens eventually to the businesses or property around? Will I bring back the hand of the clock? But even if I invest and it is lost, life goes on. Life is a risk.”
It sounds like a crazy way to think but that is how they are. No other Nigerian ethnic group thinks like this. That is why some people who don’t travel assume that the reason Igbos live in large numbers in other ethnic groups and even return to places where they are killed is that Igboland is not developed. Even if you have never travelled to Igboland, please Google the CBN report of the six states that control 90% cash transactions in Nigeria.
The simple reality is that Igbos are weird risk takers when it comes to business and investment. Other ethnic groups don’t have such trait. People are different.
The reason we do these intermittent interventions is to ensure that things are put in their right perspective, for those who care for the truth; for it was such falsehood that was spread in 1966 and used as a justification for the genocide against the Igbos that year.
Shops are available in Igboland if you have the money and have the thick skin to compete. The land is available for purchase in all parts of Igboland if you have the money. Igbos are business-oriented. They sell or rent their property to the highest bidder. And once the transaction is done, it is done. No stories.
Just keeping the record straight.
By Ameh Comrade Godwin
Drama occurred in Iyana Ejigbo area of Lagos State recently as a man sacked his wife for refusing to scream while being raped by robbers in presence of her husband.
The incident, which happened around Bello Street left many people in confusion.
It was gathered that the heavily armed gunmen had invaded their house around 3am and demanded for money.
DAILY POST gathered that the man, whose identity was given as Baba Eneh, a native of Owukpa in Ogbadibo LGA of Benue State told the robbers that he only had N3’500 at home.
A resident of the area hinted our reporter that Baba Eneh, a road transporter begged the robbers to leave them after collecting the money, saying that they just got married and trying to settle down.
Angered by the man’s inability to provide money, the robbers descended on the wife and started raping her.
Drama occurred during the incident as instead of the woman to scream for help, she was moaning in excitement.
“Instead of her to cry for help, she was busy making some funny sounds, an indication that she was enjoying the sex, even in the presence of her husband,” the source said.
After the robbery incident, the man reportedly ordered her to leave the house on the ground that she disgraced him.
According to the source, it is against the gods of Owukpa for a married woman to sleep with another man.
The man, who was apparently afraid of dying, asked the wife to return to her village until the necessary sacrifices are done.
When DAILY POST contacted the chairman of Owukpa Youths Ambassador chairman in Lagos, Samuel Adikwu, he said the group was aware of the development but failed to give further details because it was a ‘family affair. (DailyPost)
The Appeal Court sitting in Ado Ekiti yesterday dismissed the application filed by the Economic and Financial Crimes Commission (EFCC) for an injunction restraining the Ekiti State Governor, Mr Ayodele Fayose from operating his accounts in Zenith Bank Plc, describing the application as lacking in merit.
The Appeal Court said that; “EFCC did not come with clean hands on the application for injunction it filed because it suppressed material facts, for example, that a similar application the EFCC filed was earlier refused by Justice Taiwo Taiwo of the Federal High Court, Ado Ekiti,” agreeing with Governor Fayose’s Counsel, Chief Mike Ozekhome (SAN) that the entire application filed by the EFCC counsel, Rotimi Oyedepo was entirely unmeritorious.
On December 13, 2016, Justice Taiwo Taiwo of the Federal High Court, Ado Ekiti had ordered the EFCC to immediately unfreeze the accounts of Governor Fayose, saying the action of the EFCC was against due process and that the anti-graft agency did not follow the laid down regulations in freezing the governor’s accounts.
EFCC had appealed the judgment of the Federal High Court and sought an injunction, restraining the governor from operating the accounts pending the determination of the appeal.
Dismissing the appeal today, the Appeal Court, in a unanimous ruling delivered by Justice Fatima Omoro Akinbami said that the EFCC did not attach notice of appeal and the Federal High Court, Ado Ekiti judgment of December 13, 2016, which ordered the anti-graft agency to unfreeze the governor’s account that the EFCC appealed against.
The court also said that the alleged damning intelligent report by the EFCC, which it claimed to have received concerning money purportedly paid into Governor Fayose’s account by Senator Musiliu Obanikoro was not provided nor attached for the court to see.
The appeal court agreed with Governor Fayose’s counsel, Chief Mike Ozekhome (SAN) that “Fayose, being a sitting governor covered with immunity under Section 308 of the 1999 Constitution as admitted by EFCC counsel, Rotimi Oyedepo, has been shown to have been tried nor found guilty by any court of law such as to tagged his bank accounts as proceeds of crime.”
The court described EFCC’s claim on the receipt of an intelligent report concerning money purportedly paid into Governor Fayose’s account by Senator Musiliu Obanikoro as mere speculation, saying; “the court does not embark on speculation.”
The appeal court also held that since the EFCC had admitted that N80 million had already been withdrawn from the accounts, saying that Chief Ozekhome was right to say that the act had already been completed and an injunction cannot be granted for act already completed.
Describing the judgment as another victory over tyranny, Chief Ozekhome hailed the judiciary for standing firm in protecting rule of law in the country.
He said EFCC must learn to act within the laws of the country and stop hiding under anti-corruption fight to commit illegalities.
The Asset Management Corporation of Nigeria (AMCON) has said at least 350 individuals in the country currently owe banks N2.5 trillion.
Managing Director/Chief Executive Officer of AMCON, Mr. Ahmed Kuru, disclosed this at a Retreat for House of Representatives Committee on Banking and Currency in Enugu yesterday.
He told the committee members that the corporation’s recent assessment of obligors as at December 31, 2016, identified 350 accounts with current exposure of N2.5 trillion, representing about 80 percent of AMCON’s total obligor debt.
The amount, according to him, was enough to cover the 2017 budget deficit.
He said: “AMCON has also repositioned its debt recovery approach to strengthen legal and credit restructuring units to collaborate on the aforementioned 350 ‘loan defaulters,’ enhance the restructuring and turnaround team and engage in asset tracing to enhance recovery. Despite the difficulties, AMCON continues to persevere in the face of adversity.”
Providing additional insight into AMCON challenges, Kuru said the corporation’s failure to recover the debt, principally owed the Central Bank of Nigeria (CBN), cannot be quantified as it goes beyond economic cost.
He said AMCON debt repayments to CBN in the last two years were N456.4 billion and N517.7 billion, respectively, while the actual payments were N256.7 billion and N191.1 billion in 2015 and 2016, respectively.
The AMCON chief added: “This translates to a funding shortfall of N199.7 billion and N326.4 billion in 2015 and 2016, respectively. Of this shortfall, repayments due from AMCON in 2015 and 2016 represented 42 per cent and 53 per cent, respectively, while the resolution cost fund represented 58 per cent and 47 per cent in 2015 and 2016, respectively. The funding plan envisaged contribution of 70 percent from the resolution cost fund and 30 percent from recovery.” (The Sun)
From: David Onwuchekwa, Nnewi
National coordinator of Stakeholders for Willie Obiano for 2nd Tenure and All Progressives Grand Alliance (APGA) chieftain, in Anambra State, Chief Ekene Enefe, has advised the Federal Government not to take the repeated quit notice given to Igbo in the North by Arewa youths lightly.
Reacting, on Tuesday, Chief Enefe noted that with repeated threats by the Arewa youths to evict the Igbo from the Northern Nigeria, a massacre of the Igbo in the North on or before October 1 this year might not be ruled out. He said it was the responsibility of the Federal Government to ensure the safety of lives and property of the Igbo and other Nigerians in the North before it got out of control.
Chief Enefe, who is also the national fund-raising coordinator for the Peoples Democratic Party (PDP) in 1999 during the election that brought Chief Olusegun Obasanjo to power as a civilian president advised the Igbo to hurry back home whether the Arewa youths’ October 1 quit notice would be realisable or not.
Enefe argued on the premise that up till now no single person amongst the youths that made the statements had been arrested.
He noted that the Northern Elders had as well given their own support to what the youths said which he noted was enough to tell any doubting Thomas that there was danger ahead. He wondered why such a scenario would be taken lightly by the Igbo who had the same experience in 1967 when thousands of them were butchered in the North after the same plea not to worry.
“How can you ask the Igbo to stay put in the North when not even a single soul has been arrested amongst the Arewa youths who have continued to make these inflammatory statements, asking Igbo to leave their territory. Federal Government is not sincere about diffusing the fears in the North. Those people who made the statement should have been arrested and prosecuted, if there is no hidden agenda in asking the Igbo in the North to remain where they are. And the Arewa youths have even continued to repeat their threats, to show how resolved they are.
“This is not the first time the Igbo had faced this kind of situation. If the Acting President is not being remote-controlled by the Northerners, let him order the arrest of the those Arewa youths and their prosecution to serve as a deterrent and by then Igbo will rest assured that their lives and property would be protected in an event of any crisis in the North,” Chief Enefe posited.
He told the Igbo in the North to discountenance the advice to stay put in the North to avoid being taken unawares. He reminded them of an Igbo adage that said anaghi agwa ochi nti na agha ebidogo (You need not tell the deaf or someone hard of hearing that war has started). (The Sun)