Home arrow Authors arrow Moses Ebe Ochonu arrow Rewarding Loyalty Obasanjo Style
Rewarding Loyalty Obasanjo Style Print E-mail
Friday, 07 July 2006

One pattern has since emerged in the way that Mr. Obasanjo and his increasingly tempestuous clan of leaders treat and react to public engagement with their policies: any administration outsider of note who has crossed the president has paid a price of some sort. Similarly, any administration insider who expressed dissent or sat on the fence on issues dear to the president’s heart has been shown the door, or worse.

It has been said that Mr. Obasanjo demands absolute, unquestioning loyalty even on matters bordering on personal whim. Newspapers have been awash with tales of the president’s vindictiveness, his enduring capacity for inflicting retribution, and his recidivist commitment to vengeance. Fair enough. If vengeance occupies a central place in the president’s behavioral repertoire, that’s his prerogative. We are all entitled to a certain domain of personal attitudinal autonomy.

Many of those who throw stones at Obasanjo’s glass house are politicians. And many of them live in glass houses themselves, eternally made vulnerable by past—and present—involvement in the national rot. So, I have very little sympathy for their plight in the hands of this administration; their past deeds and political affiliations cast a shadow of doubt on the sincerity of their criticisms. Perhaps Mr. Obasanjo and his intolerant clique are more infuriated at these critics’ effrontery in spite of their own shabby records than they are at the criticisms themselves. The expression of self-righteous anger is offensive when it is done by the politically unclean. Perhaps this explains Mr. Obasanjo’s harassment of his political rivals-turned-critics. I have no problem with this kind of mutual annihilation and exposure. I am deeply suspicious of ad-hoc and self-interested politician-critics and I believe that the powers that be hold them in especially high contempt.

For administration insiders who turned coat, one may spare a thought or two for their eventual epiphany even while one wonders why it took them so long to figure out their boss, or what their actual motives are for jumping ship. One may forgive the greed, indiscretion, naivety, and bad judgment which blinded them to the multiple deceptions of this government. But the blame for their fate lies entirely with them; they were dinning with an imperial president with spoons not long enough to insulate them from the collateral smears of bad governance.  

Let the compromised critics who want to push their luck despite their own appalling records be ready to take on an insecure administration that is unraveling before our very eyes. They should not try to curry the public’s sympathy or support in their confrontations with their own incarnations. Nor should they seek to advance criticism as atonement. Everything has its time. Atonement must precede serious oppositional activism.

The non-political critics of this administration have not necessarily fared better than the opposition politicians. These are the people with whom we should sympathize. They are the victims of Mr. Obasanjo’s visceral vindictiveness. Gbenga Aruleba and Rotimi Durojaiye have become the most recognizable victims of this inexplicable presidential anger.

As deplorable as this relapse to tyranny is, it is not the only threat to our democratic institution that is intertwined and coextensive with Mr. Obasanjo’s fabled obsession with total quiescence and a corresponding disdain for dual loyalties.

Equally threatening to our democratic destiny is the president’s lavish reward for loyal underlings. The president has rewarded loyalty to his person and his policies in two major ways. One way involves outright largesse in the form of appointments and elevation to positions of power. A second, perhaps more disturbing, way has been the protection of culpable loyalists and the withholding of punishment from loyal offenders.

Mr. Obasanjo’s unsparing ferocity in the war against his political opposition has only been matched, on the other side of the spectrum, by his insatiable paternal instinct when it comes to taking care of his loyalists. It is this mindset that permits the elevation of former presidential attack dog, the certifiable Mr. Femi Fani-Kayode, to the status of a minister. For Mr. Obasanjo, it is not how you choose to demonstrate your loyalty; it is your consistent, unthinking, and mechanical commitment to his vision that determines the size of your reward. The more unrestrained you are in your proclamation of support for Baba, the bigger your reward.

The recent sale of NITEL to Transcorp, a corporate front for a deeply politicized collection of pro-Obasanjo capitalists, illustrates this deep-seated penchant on the part of Obasanjo for rewarding those who stick by him. Investors in Transcorp, it must be remembered, have played the role of excitable cheerleaders for the president’s dubious “reforms.” What better way to reward them for their faithfulness than to offer to them one of Nigeria’s last symbols of state paternalism.

This method of rewarding the friends of power is simple enough to understand especially when one is dealing with an administration that is so insecure that it likes to hear its own voice. An administration that has achieved the distinction of managing to alienate all segments of the Nigerian society through its undemocratic practices and its priority of putting foreign economic validation over local problems needs affirmative local voices. Because these local praise-singers cannot naturally remain aloof to the overwhelming evidence of rot and decay that surrounds them, their continued support must be bought and their past loyalty rewarded. Because it takes a certain amount of reverse genius to mess things up as badly as this government has, the job of defending, supporting, and applauding the president’s policies and proclivities must be an uninspiring piece of work, requiring pecuniary motivation.

Understandable as it is, the reward of loyalty in this brazen way insinuates a very damaging message into our lexicon of political discussion. The message is simple: personal loyalty trumps institutional continuity. This is a point that I made in a recent article but which bears repeating. It is bad enough that issues and ideologies have completely given way to the appeal of personality in our politics. It is worse that government appointments and strategic national divestment decisions now flow from this overriding principle. When spokespersons for the government’s “reform” talk about institution-building, they must be sincere enough to concede that, as far as the current government is concerned, the institution is the person of the president and vice versa. We need to open an honest national dialogue about presidential power, its abuses, and limits. Such a discussion should focus on the set of assumptions and practices which enable supporters of the Mr. Obasanjo to conflate support for the president with support for Nigeria, and to claim that a critique of the president and his policies is a critique of Nigeria. The personalization of federal power and the conflation of person and nation by those close to power are not discursive slippages to be waived aside. They are intended to criminalize criticisms of bad presidential policies and mannerisms and must be confronted.

It is not only the offering of tangible advantages and instruments of power that have constituted this government’s reward culture. Even more damaging to the country is the growing culture of impunity among the friends and supporters of the president. When the president refuses to authorize a sincere investigation of key allies like Tony Anenih, Olabode George, Ibrahim Mantu, and other loyalists with a variety of damaging allegations hanging over them, it institutes a precedent of judicial selectivity, a slippery slope of impunity that will be hard to escape. When the mere act of enrolling in the president’s camp of supporters entitles one to de facto political immunity against prosecution as was the case with the heavily tainted former Governor Abubakar Audu of Kogi State, it is not hard to see that a regime of reward is being enthroned over legal principles.

The president’s knee-jerk reactions to criticisms of his policies are predictable to those who know him. His violent persecution of dissent has become legendary. But these will come and go, making cameo appearances as the president’s temperament shifts along the contours of public disenchantment with his policies. These occasional dictatorial effusions have very little capacity to endure as precedents, as future presidents will exhibit their different administrative temperament in governing the country.

What might endure as a precedent is the growing tendency on the part of Mr. Obasanjo to setting aside competence, ability, and national interest in order to reward political loyalty and communicate the attractions of praise-singing. Mr. Fani-Kayode and Transcorp are today the epitome of this trend. Who will be the Fani-Kayode and Transcorp of the post-Obasanjo era?




RobotRobot is offline 
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 # 1

Mr. Obasanjo’s unsparing ferocity in the war against his political opposition has only been matched,...Read the full article.

Posted by Robot| 07.07.2006 02:32

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gwobezentashigwobezentashi is offline 
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 # 2

Transcorp bids for Le Meridien Hotel, Abuja
By Danladi Moh’d Ndayebo, Abuja

Transnational Corporation of Nigeria Plc (Transcorp), which some people now refer to as “the Aso Rock company”, has placed a bid for an international hotel, popularly known as Le Meridien Hotel, Abuja.

Le Meridien is a five-star hotel in which the federal government has controlling shares, but which is being put up for sale as a result of the current drive to sell off the government’s shares in companies and parastatals in the spirit of the privatisation policy of the current administration.

Though the reserved price for the international hotel and the amount Transcorp is prepared to pay for it is still being kept secret by the Bureau of Public Enteprises (BPE), Leadership gathered that Aso Rock has handed down instructions that the hotel be sold to Transcorp.

President Obasanjo is said to have 600,000 shares in Transcorp which share value appreciated from N1 to N6 per share in a space of six months, even when the company had not put any product on sale.

Last week, the BPE sold the $7 billion Nigerian Telecommunications Plc (NITEL) to Transcorp as scrap for the sum of $750 million, despite the fact that the federal government parastatal, with modern SAT-3 equipment, would have actually been sold for as much as $1.3 billion a few years back. The sale has set tongues wagging as a result of the fact that while Transcorp shall inherit the assets of the multibillion dollar telecommunications firm, the federal government will bear the liabilities, which is estimated to be in hundreds of millions of dollars.

Leadership sources stated that the BPE would have opened the bid for Le Meridien Hotel, Abuja, before now, but the transaction had been postponed because the controversial company was not fully prepared for the event.

Transcorp had, last year, acquired the Nicon-Hilton Hotel, which has now been renamed Transcorp-Hilton Hotel, under circumstances that are being queried.

The company, which was inaugurated on November 17, 2004, has on its board the director-general of the Nigerian Stock Exchange, Chief Ndi Okereke-Onyiuke as chairman. Others include Mr. Bernard Longe, the group managing director; Festus Odimegwu, Aliko Dangote, Jim Ovia, Jacob Moyo Ajekigbe, Funsho Lawal, Femi Otedola, Tony Elumelu, Tony Ezenna, Adegboyega Olulade, and Nicholas Okoye. All of these board members are captains in various sectors of the Nigerian economy.
Transcorp was fingered in the aborted tenure elongation campaign of President Obasanjo, and may have enjoyed the benefit of proximity to the seat of power. Apart from buying the high-profile parastatals and companies, Transcorp has also acquired two oil blocks. Furthermore, it is the preferred bidder of the Port Harcourt Refinery, which the federal government is bent on selling off at a give-away price after sinking billions of dollars into efforts to put it to work at full capacity.
Sources told Leadership that Transcorp is also eyeing the multimillion-dollar federal government agency, the National Forwarding and Clearing Agency, which has large assets in major commercial cities like Calabar, Warri, Port Harcourt, Kano and Lagos.

Though the company claims to have as its objective the creation of wealth that would lead to prosperity in Nigeria, it has come under severe criticisms because it is seen as a front for elements in the current administration bent on buying up juicy parastatals being privatised by the BPE under controversial bidding processes.

The federal government had earlier granted the company an approval to build a $250 million refinery in Lekki Free Port Zone, Lagos. Also, it has given Transcorp concessions to, among other things, build an independent power plant (IPP).

source: www.leadershipnigeria.com

QUOTE:

Last week, the BPE sold the $7 billion Nigerian Telecommunications Plc (NITEL) to Transcorp as scrap for the sum of $750 million, despite the fact that the federal government parastatal, with modern SAT-3 equipment, would have actually been sold for as much as $1.3 billion a few years back.


Not quite! 51% of the company assets and liabilities included without SAT3 was sold to ILL (who did not have money) for nearly $1.3bn by El Rufai. Transcorp have picked up 75% of NITEL assets only with SAT3 included for $750m. Benard Longe who lent ILL money for deposit without proper authorisation was sacked for serious corporate malfeasance and losing his employers over $100m is now running a company bigger than 1st Bank. Who is a clever boy then? Only in Nigeria do you get promoted for failing.

Yeye de smell.

Posted by gwobezentashi| 07.07.2006 13:08

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AuspiciousAuspicious is offline 
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 # 3

Gwobe:

Observations..correct me if I am wrong:

1. The north-based press like Leadership have a different 'taste', if you will,
from the south-based press (Thisday, Guardian, Punch etc). By taste I
mean the flavor of their news content.

2. Your preference for news is the former - not the latter.

3. Though I am no fan of the Obasanjo's style of governance and I am not
very trusting of these privatization excercise, but err..I think the particular
news item is biased - note the first statement you highlighted.

*QuickThought: This news publication cannot be described as one with
integrity. I could be wrong but I dont think so.

Posted by Auspicious| 07.07.2006 14:40

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NnodiNnodi is online 

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 # 4

Echonu wrote:

"It is bad enough that issues and ideologies have completely given way to the appeal of personality in our politics. It is worse that government appointments and strategic national divestment decisions now flow from this overriding principle."

Personality politics is encouraged, amongst other things, by
1) The quite charming belief shared by Nigerians that any incumbent Nigerian president has "captured" the seat of power, even if transiently, for the particular part of Nigeria he comes from. This results in members of the president's ethnic group, even the intelligent ones who should know better, maliciously thwarting and suppressing issue-based debates.
2) The essays of many public discussants, most of which do not show a strong and forcible espousal of the need to address issues. The level of ambitious intelligence of our debates is quite weak - so the feedback the leadership gets isn't necessarily educative.
It's almost as though the average Nigerian doesn't REALLY believe that nigeria can manufacture good cars, not to speak of, say, aircraft (which india manufactures). This sort of lame perspective forms the premise of a lot of our opinions. See link below.

http://www.tribuneindia.com/2001/20010105/main2.htm

3) Nigerian popular culture which prefers to defer to the, er, super-wisdom of the Baba rather than an engagement in mutual intellectual exchange.

The situation where issues take a central place in Nigerian sociopolitical dynamics will reflect a very major paradigm shift which I fear will take a while in materialising. It will require ethnic groups to sufficiently SHARE a vision of Nigeria which successfully transcends their extreme paranoia of one another. It will also reflect an awareness, largely absent at the present time, that Nigeria's strides be always viewed against a backdrop of Black History and aspirations, and not in a vacuum. I use the word Nigeria relatively of course - one is more interested in the Growth and development of black Africans; if Nigeria won't play an important role in this context, then nobody needs Nigeria.

Lastly, it is probably accurate to state that personality-driven politics is a symptom, and not the disease. The people are responsible for raising the issues, and pursuing the objectives which the issues demand be met.

Posted by Nnodi| 07.07.2006 17:49

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gwobezentashigwobezentashi is offline 
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 # 5

@ Auspicious

News is news. Opinion is opinion. Fact is fact and news is fact. All opinion is coloured by our backgrounds and individual preferences consciously or unconsciously. South-South Press (Guardian, This Day, Independent), South-West Press (Punch, Tribune, Vanguard), South East Press (Champion) have their own preferences and biases in the news they carry and the opinions they purvey have a flavour reflective of their interests and preferences. A lot of the times, the media in the South collectively take anti Northern positions but all get even more parochial when the narrower interests of their proprietors are affected. What have you got against papers that take contrary positions to yours? You question their integrity?

The opinions of Leadership and Trust, domiciled and owned in the North, are more in consonance with my views and I dare say are more reflective of the views of the majority of Nigerians.

In Nigeria, we generally read most of the papers if not all, in the same way as we each have cell phones from all the networks. Our views however are shaped by what is close and dear to us and most importantly, what we individually feel is just. I will suggest that you read widely too without discrimination so you have a better grasp of the broader spectrum of opinions.


3. Though I am no fan of the Obasanjo's style of governance and I am not
very trusting of these privatization excercise, but err..I think the particular
news item is biased - note the first statement you highlighted.


You sound naive. Is there any newspaper house that is not biased? You are from Ekiti, are some of your opinions not coloured by interests Ekiti or SW? You have taken issue with this part of the report:

Though the reserved price for the international hotel and the amount Transcorp is prepared to pay for it is still being kept secret by the Bureau of Public Enteprises (BPE), Leadership gathered that Aso Rock has handed down instructions that the hotel be sold to Transcorp.


What is there to object to? Do you have any facts to undermine this claim? While they may not have substantiated their claims, is there any of your preferred Southern papers that do not ascribe reports to "unnamed sources"? Is the claim believable? I think it is, in the light of the circumstantial evidence presented in the report and others we already know.

*QuickThought: This news publication cannot be described as one with
integrity. I could be wrong but I dont think so.


What is integrity? The quality of being upright and honest. Has this publication been dishonest? I think not. Have you presented any evidence to support your assertion? No. Are your opinions not coloured by your prejudices? They most probably are. Can you see the speck in your eyes? Perhaps not.


Aluta!


Gwobezentashi

Posted by gwobezentashi| 08.07.2006 03:01

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gwobezentashigwobezentashi is offline 
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 # 6

The Transcorp Question
The Verdict according to Olusegun Adeniyi: olusegunadeniyi@thisdayonline.com, (08055001980), 07.05.2006

When I read about the removal of Mr. Tajudeen Fola Adeola as the Group Managing Director and Chief Executive Officer of Transitional Corporation of Nigeria Plc (TransCorp) last week, the first thing that came to my mind was the rather interesting scene which happened in London exactly three weeks ago. Although I was in London on an entirely different mission, when I heard about the Nigeria Investment Forum holding at the Commonwealth Secretariat, I felt there would be stories to report so I went there.
As it would happen, notwithstanding the intervention of the then Finance Minister, Dr. Ngozi Okonjo-Iweala, and her FCT counterpart, Mallam Nasir el-Rufai, who argued that government should take advantage of my presence so I could give it adequate coverage for the benefit of Nigerians, I was not allowed in. But where I sat, in the adjoining conference room, I was able to observe a lot of drama and actually heard most of what transpired since the connecting door was open.
What is, however, important for this piece happened around me. The Nigerian Stock Exchange (NSE) Director General and Transcorp Chairman, Dr. Ndi Okereke-Onyuike, was seated only a few chairs from mine when Adeola came to sit beside her as they went into discussion. A few minutes later, a top government official emerged from the meeting room. Seeing Adeola and Okereke Onyuike, he remarked: "Ndi, Fola, what are you two discussing?'
Adeola responded jokingly: "We are having a Transcorp Board meeting".
To this, the man equally responded with laughter: "Transcorp? That is a modern day tower of babel!"
As I joined the laughter, I asked the man what he meant only for him to retort rather rhetorically and I bet Adeola heard: "Is Transcorp a company? Wait till Obasanjo leaves power and see the way those directors will fight themselves to death."
Since I returned from London, anytime I read any story about Transcorp, what immediately comes to my mind is that phrase: modern day tower of babel! While the word Babel is composed of two Hebrew words, a related word in Hebrew, balal means "confusion" and the interesting story of how the inordinate ambition of some characters actually ended in confusion can be found in Genesis 11: 1-9.
If Transcorp is therefore another tower of Babel as our man told Adeola, can it then survive after Obasanjo leaves office next year? This is a rather crucial point which potential investors should address before putting their money in what may turn out as an Aso Rock-approved pyramid scheme. Because, as someone remarked yesterday, there will one day arise in our country, a Pharaoh that did not know about Joseph. But that is a matter for another day.
With the sale on Monday of NITEL to Transcorp, there are salient questions about this company which was inaugurated on November 17, 2004 with the Federal Government granting it immediate approval to build a $250 million (about N33.25 billion) refinery in Lekki Free Port Zone, Lagos. Obasanjo, while launching the company at the State House Banquet Hall, Abuja, also announced other concessions which include a licence to build an Independent Power Plant (IPP) and access to government's cassava report for the construction of a cassava processing facility.
Members of the Board of Directors of this rather unsual company include Okereke-Onyuike (chairman), Festus Odimegwu, Aliko Dangote, Jim Ovia, Jacob Moyo Ajekigbe, Funso Lawal, Femi Otedola, Tony Elumelu, Tony Ezenna, Waziri Mohammed (now late), Adegboyega Olulade and Nicholas Okoye. And ever since it came to the market, not a few Nigerians have been cynical about the board membership comprising mostly men and women who, under the aegis of Corporate Nigeria, made hefty donations to the 2003 presidential campaign of Obasanjo and had with that become his confidants.
I recall that in my interview with the Peoples Democratic Party (PDP) National Chairman, Dr. Ahmadu Ali, early this year, I had asked him the question about why it was peopled by Obasanjo's friends and his response was: do you want him to put his enemies there?
On the face value it was a valid response but when juxtaposed against the fact that what we are talking about is not another political group (or at least should not be) for cronies, but a supposedly public company that is meant to serve as a vehicle for economic development, then questions should be asked about the place of due process in all these curious transactions. But before we go into Transcorp activities, may be we should know a little bit about the ideals that propelled it. Okoye, a technical adviser to Okereke-Onyiuke, who is also on the company's board, once said "it is about putting Nigeria on the map of giant economies of the world, it is part of the answer to the nation’s economic crisis."
According to Okoye, "Africa is spending $150 annually on importation of consumer products. In Nigeria, we are so much used to ‘managing’ but in the developed world they don’t ‘manage’ And our companies cannot compete in the global market if they continue to produce substandard products,” he said.
Okoye would later paint a picture of how Nigeria failed to reap the benefits of its peace keeping efforts on the African continent, especially within the sub-region, the way US does wherever she sends troops abroad. He said the absence of mega indigenous companies with necessary expertise and skill to compete globally accounts for why Nigerian companies did not get anything from its efforts in Sudan, Sierra Leone, Liberia etc.
“Liberia would soon embark on massive reconstruction. Where are the Nigerian companies there despite the nation’s great efforts towards ensuring peace and stability in that country? We have lost colossal amount of human and financial resources in trying to keep peace in countries like Liberia and other African nations, but there are no rewards for us. United States ensures that American companies benefit from its exploration anywhere in the world. But Nigeria does not because we don’t have the companies that can handle such international projects,” he explained.
Given Okoye's postulation, the idea of Transcorp is noble and nobody can fault the fact that we need to capture the West African markets where we have made heavy investment in human and material resources. But in pursuit of these dreams, there are several questions begging for answers if Transcorp is to be accepted as the vehicle for the promotion of such ideals. For instance, Mr. Abraham Idowu, a Nigerian based in Accra, Ghana, had recently sent me a terse note: "I read the story about Transcorp floating a N500 billion bond. That main point was unsettling enough because I can’t imagine where the company will find the N100 billion odd profit per annum to service such a humongous debt.
"We have no details of business plans or strategies beyond the moves to buy Federal Government assets on the cheap but with the stock exchange’s referee also being captain of the Transcorp team, on which we also find so many captains of banks and industry, can anyone doubt that they are capable of bringing this dire prediction to pass? Have we not witnessed over the years blatant manipulation of share prices of certain companies in our market
?"
There are other issues arising from that summation. Transcorp was set up on November 2004 without a management team beyond perhaps a clerk in Okereke-Onyiuke's office. The company had no office of its own though the all-powerful DG of NSE also allocated to it a corner in her office. Transcorp had no product it either produced or would sell yet the value of the N1 per share which the 'shareholders' in July 2005 allotted to themselves had by six months later in February this year, attracted a value of N6.00 each. And from the information at my disposal, the Initial Public Offer (IPO) that targeted N6 billion was over subscribed such that it was able to attract N17 billion.
What this means is that without producing or selling anything, the money 'invested' by the shareholders (and you ask, into what?) had yielded 500 percent profit. This financial abracadabra could only happen in Nigeria while I have it on good authority that by the next IPO which is only a few weeks away, the shares of this Aso Rock company will sell for N10 each
!
The situation becomes more serious when you factor in the revelation that many top guns at the presidential villa have shares in Transcorp. I would not mention names for fear of 'sedition' but the whole thing is a big scandal. As if these anomalies were not enough, Transcorp has just bought NITEL and may yet buy other prime assets before the year runs out. But then the question is: What NITEL did Transcorp buy? Is it NITEL with all its liabilities or one that is already stripped of financial encumbrances like pension with all government institutions already directed to settle their obligations with the new owners? This is an important question when it comes to pricing, lest anybody pulls the wool over our eyes concerning the $750 million price tag!
Another controversial issue is the involvement of Aso Rock in the running of the company which makes the future of Transcorp so uncertain. First, Aso Rock picks the CEO of this ubiquitous 'public company'. At the initial stage, Obasanjo, I gathered, wanted a friend of his currently holding a strategic diplomatic position abroad, a man renown for his integrity and strength of character as the CEO. But after the man turned down the offer, Obasanjo pleaded with Adeola to take the job, given that he has a disposition similar to the previously favoured candidate.
Interestingly, when the Board met to pick the CEO, members did not factor Aso Rock into the equation and went on to vote in Bernard Longe, ironically dismissed from First Bank for error of judgment over the $137 million loans advanced to IIL which initially bought NITEL but could not pay. Before Transcorp Board could, however, announce Longe as CEO, Obasanjo got wind and stopped it. He unilaterally imposed Adeola, a man he believed would bring professionalism to bear in running this strange outfit-- that was until the third term hoopla came and the former Guaranty Trust Bank Managing Director refused to flow with the tide. By now, we all know the rest of the story as to how Adeola lost out and Longe came in as new Transcorp helmsman.
There are several issues arising from the foregoing but one thing that I need to stress is that I support privatization and I particularly endorse the idea of selling our assets to Nigerian individuals and companies rather than to South Africans and Indians. But all these should be done with due process while nobody or group, no matter how close it is to the president, should be unduly favoured.
No matter the huffing and puffing from Aso Rock, there is something that is quite not right about this Transcorp business.

Posted by gwobezentashi| 08.07.2006 17:02

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AuspiciousAuspicious is offline 
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 # 7

Gwobe:

Yes, perhaps I am "naive" as you claim but I don't remember
me saying I know all. My first statement was "correct me if I
am wrong"
and I ended my comments with "I could be wrong,
but I don't think so."
In other words, I sought knowledge on the
topic because I wasn't sure - I was only going by my hunches.

And oh, by the way, the first highlighted quote I was referring to
was the part that read
"Transnational Corporation of Nigeria Plc
(Transcorp), which some people now refer to as “the Aso Rock
company”
, has placed a bid for an international hotel, popularly
known as Le Meridien Hotel, Abuja."
- not the one you thought
I was referring to above. (Note "Aso Rock Company")


So that quote, in my humble opinion, kind of err..reflect some
measure of bias in the reportage. Again, I could be wrong..and
that shouldn't neccessarily make me "sound naive". My choice
of the word "integrity" might've been too harsh in describing
what the report lacks but I think I can make a more accurate
description of the news report when I say it can make a better
attempt to deliver a neutral report than it did.

Yes, I am aware that it is tough for most news publications to
always have a balanced/neutral reportage, BUT I think the
lack of neutrality or the display of bias in some news report
is more glaring than others. Those who know America's Fox
News and their love for the Bush administration should know
what I mean here.

Please note again, it is my belief that the current privatisation
excercise is shoddy - sort of. The excercise could be cleaner
and more transparent and respective of the collective
intelligence of majority of Nigerians who are not in any way
"naive" people. The impression one gets from the way they
carry on with the process is that dem tink say us wey dey
here dey watch the show be mugus.

Hopefully I don't "sound" too "naive" this time. ;-)

Posted by Auspicious| 08.07.2006 22:33

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