Editorial
Caveat emptor! Why Nigeria must watch France and its Abacha ‘Greek Gift’
Desperate times, they say, require desperate moves. Would it not be apposite to question the current Franco-Nigerian relationship that is unfolding since President Bola Tinubu took over as leader on May 29, 2023 or look at the scenario with one kain eye, as Nigerians would say? Everything points in that direction.
Because it is said here in our clime that caution can never be equated or interpreted as cowardice, we recommend at WhirlwindNews, from the outset that this dinner Abuja is having at the table with Paris, must be one with the axiomatic long spoon, with eyes darting like that of a squirrel on unsure ground. Nothing could be more appropriate.
What is not known is whether relationship between the President and France is a mere coincidence or planned, but it is coming at very significant era in the life of France, one of the global powers with a very powerful influence on Africa.
Outside Britain with 24 countries speaking English, France is the next with 21 speaking French in the continent. That leaves only nine out of the 54 countries in the African continent that do not speak either of the two languages. Therein lies the powerful control of the two world powers in the continent.
Today, however things seem to be taking a different dimension for Paris in the direction of its sphere of influence with the testy moment it has been experiencing in recent years in Africa.
To say that times are hard for the country would be stating the obvious. The more apt way to put it is that France is fast losing grip of its former colonies. But that is even very mild if it stops at the question of just mere ceremonial influence. It goes further than that. The country is facing an existential phase with the threat coming from the said countries.
Why is this so? Unlike Britain that has fashioned an ingenious way of still having its fingers in the till of its former colonies, albeit cunningly, France’s style is direct and audacious. Its economy is poignantly tied to its former colonies. To get clarity on this, listen to Arikana Chihombori-Quao, former African Union representative at the UN and a massive supporter of anti-French campaigner in the continent speak on the issue in very graphic details.
“The government of France has significant control over all their former colonies, specifically 14 of them. When they were giving them independence, they forced them to sign a document which they called the pact for the continuation of colonisation. On one hand, they say we are giving you independence which comes out to be political independence but that you have to sign this document… You are going to be independent, but you have to agree to continually be colonised. Two countries said, absolutely not, they (were) not going to sign the document. They are Mali and Guinea. What the French did was that, they entered those countries, took everything that they thought they brought into those economies, poured concrete into sewage pipes and completely devastated the two economies. They did this to let other countries know that if they did not sign this document, this was the fate that awaited them.
“The impact was terrible. The pact that that those countries had to deposit 85 per cent of their bank reserves with the French Central Bank, under the control of the French Minister of Finance and should those countries wish to request some of those monies – remember they are only left with 15 per cent of their reserves – they have to submit financial statement for the country and if approved, they can only access up 20 per cent of whatever they had deposited the year before as a loan at commercial interest rate. The only difference now is the 85 per cent deposits have now been lowered down to maybe 50 and 60 percent but the countries are still forced and required to deposit their bank reserves with the French Central Bank.
“Now, picture this situation: You are depositing your monies with France. Should you need some of your money, you get it as a loan at commercial interest rates. Immediately, you have credit with France, but you begin to owe France! This has been going on and continuous till this day. So, combined, the 14 countries are giving to France cash of over $500 billion every year and France takes that money and invests it in its own stock market under the French name… currently, for every 14 billion that France takes out of Africa, by the time they finish investing it in the French stock market, they realise upwards of $300 billion. So you do the maths to see how much France takes out of Africa every year.”
In recent years, the submissions of Quao, has resonated in the actions of the leaders of the recent coups in countries like Guinea, Burkina Faso, Mali, Chad and Niger, who all want the vice grip of France loosened on their natural resources, at the best, but at the worst, demand the total exit of the former colonial master out of their individual countries.
Niger, for instance did not mince words when the new military junta, led by Abdourahamane Tchiani, which sacked the former President Mohamed Bazoum, toed the same line, by giving France a marching order to leave their country. The sacking of the French ambassador to the country, Sylvain Itte, who eventually left Niamey on September 27, after Paris initially refused to heed the order of the junta on the ground that the government that gave it was illegitimate sounded the final death-knell on the face off between the two nations.
But it did not end there. There was actually a report that Niger also raised the price of uranium, the major raw material used building nuclear power plants for the supply of electricity, from €0.8 to €200 per kilogram, which was later debunked. But even if not so, the point still remains that French companies represented by Orano, formally known as Areva, which exploits the uranium, is paying peanuts for the precious mineral.
Imagine more than three-quarters of Niger being in darkness without electricity, yet with France’s massive energy economy being fuelled with the uranium from the country, such that two-third of the electricity generated is sold to other European countries without nuclear electricity power.
We believe the importance of all these should therefore be factored into the new relationship between Abuja and Paris. Like President Muhammadu Buhari before him, who took the United Kingdom as his second home outside the Presidential Villa in Abuja, Tinubu seems to have confirmed that Paris is his preferred destination outside his current abode. Virtually all his medical tourism is in the country. Shortly after his winning the presidential election, he retired to the country and returned there immediately after he was sworn into office on May 29.
It is therefore not left to any form of guesswork that he is in love with the country, or maintains a strong affinity to it. This must never be a reason to loose-guard or drop the ball. Going by the reputation of the country in Africa, this ought to be a red flag. What must be avoided is a situation in which the snake that sank its poisonous fangs into one victim would whip another with its tail. In other words, Nigeria must never be another Niger.
Apparently to underscore its goodwill towards Nigeria, France through its visiting Minister for Europe and Foreign Affairs, Catherine Colonna, on Friday, announced the return of a whopping $150million it claimed former Nigerian despot, Sani Abacha salted away in their country, a day Tinubu, her host, also indicated that Nigeria also signed a €100 million agreement with the country to support the i-DICE programme — a Federal Government initiative to promote investment in Information and Communications Technology (ICT) and Creative Arts Industries.
The quick question any keen observer would raise is, where France has been all these while. Why has Paris suddenly remembered the Abacha loot? The former military Head of State died in 1998, a clear 25 years ago? Since then, many countries have been releasing the illicit funds from the former despot. Why has France kept its own tranche and why has nobody heard of it before now? Is the move because it has found a new friend in Tinubu or is it a ploy to make Nigeria provide the alternative destination, now it is finding it hot with its colonies in Africa? Nigeria is home to virtually every mineral deposit known to the world, not the least, the most popular oil and gas, the nation’s current geese that lay the golden eggs. Who says there might not be the much sought-after uranium to boot?
So far, the answers to this barrage of questions and more, are ensconced in the bowels of ambiguity and inexactitude. But what should not is the approach to dealing with it. Nigeria has a way of calling for caveat emptor – shine your eyes.
It began less than 10 minutes after taking the oath of office. In his address to the nation, he uttered those three-letter words – subsidy is gone. The ink with which he signed the documents declaring him President was yet to dry.
That was it. From that moment, Nigerians have known nothing but poverty, tears and death. It was a declaration that came out of impulse rather than articulacy. It was not even contained in his original speech prepared for the occasion. But it sprouted out – from a rash, unthinking and impetuous mental construct.
But the effect was instant, the impact direct. From that moment, Nigerians have never known peace. Every thing took a cue. Minutes after, the news broke that the price of Premium Motor Spirit, otherwise known as petrol had jumped from N189 to N550. It was that instant. Today, it hovers around N1,500.
The effect: Within minutes, transportation cost quadrupled. So too, commodity prices. Caught unawares, marketers, who had earlier thought it was a day of the rains as customers rushed to their shops, soon became suspicious and then got wiser – these were not ordinary customers but smart alecs playing a fast one on them.
They stopped selling, retrieved the items they could from those who had not disappeared with their goods and closed shop to study the situation properly. Hours after, they responded. A plate of eba and soup, went up from N200 to N1,000. Prices hit the rooftops.
In fact, the vehicle transporting what used to be Nigeria, which had been moving at a horse and buggy pace in the days of Muhammadu Buhari, stopped abruptly, engaged the reverse gear and began galloping backwards. That has remained the ugly, parlous tale of the Tinubu days, since May 29, 2023.
Now, the expectation would be that the President and his government that wrought such a horrendous punishment on the polity, would themselves take some blows. But nada! Instead, the opposite was the case. Within months of plunging the citizens into the untold hardship Tinubu went on a binge, spending money – in the words of Olusegun Obasanjo, former President – like a drunken sailor.
Few weeks after, as Nigerians were reeling and gasping in pain from the impact of their new situation, 469 newly-minted Sport Utility Vehicles (SUVs), rolled out from factories in Japan, where they were produced into the premises of the National Assembly for the just inaugurated members.
Put the cost at N100billion – that is N160million for each unit, plus other charges. Reason: The lawmakers needed the vehicles because of their good suspension system, to navigate the so many bad roads in Nigeria. Yes, you heard right. How could they think well and make good laws after the hassles of the bad roads? Tinubu saw reasons, acquiesced and voila!
But it did not end there. Tinubu suddenly realised that Kashim Shettima, his deputy, needed a new home “befitting” his new office. Pronto! A voucher of N21billion was raised and he had it. Till date a haze still hovers over the project.
The last news that was heard was that Number Two refused to take residence because the entire environment, including the toilets was wired to the teeth to monitor him. And Number Two needed privacy.
Again, in the same weeks, Oga Patapata, also realised that Madam needed to transport more comfortably. Pronto! It was arranged. Another voucher was raised for cars for the Office of the First Lady. Cost N1.2billion. Of course, madam needed the comfort for peace at home.
Naturally, since transportation is not done by land alone, he also took care of that. For the sea, a yacht was procured. Cost N5billion. Because the birds in the presidential fleet were not good enough, Tinubu did the needful.
He enriched the fleet with the one befitting of his status and had it transformed to mimic the US Air Force One. To complete the status symbol project, he also added a replica of The Beast, the US presidential automobile.
Ironically, the funds used in procuring these luxury lifestyle, came, not out of productive ventures of Nigeria, but through borrowing. Today, Tinubu has practically borrowed Nigeria blind, doubling or even tripling that of his predecessors.
Meanwhile Nigerians had upped the ante from mere groaning and skreiching. Citizens, unable to take it anymore, now stop their hitherto sleek vehicles on the Third Mainland Bridge and plunge into the Lagos lagoon to end it all. The option is now more rampant than remote and occasional.
Many others, taking the Socrates option, now drink hemlock and many more simply sleep off without any intention of waking up. That is where we are. That is the new Nigeria – the Tinubu Nigeria. But there is more.
Terrorists and the landlords of the forest, having now discovered that the Commander-in-Chief has other fancies than security and welfare of the people – the constitutionally-declared primary purpose of government and scant regard for the citizens, have practically gone haywire. They have taken over and established their authority.
Presently, outside those wantonly slaughtered or butchered in their homes like animals at the abattoir, incinerated alive while sleeping on their beds, among other forms of decimation, many more citizens are now spending months, going to years as victims of captivity with them in various forests in Nigeria.
In their rampage, the terrorists have since broken all barriers considered out of place hitherto. One of their escapades is the present videos of the school children and teachers taken from Oyo State. The gory imagery captures the current Nigerian story.
For instance, on Thursday, just as the sound of heavy celebration was going on in neighbouring Ogun State as the world marked the Ojude Oba yearly carnival, two of the victims, one of them with a toddler on her back, were pleading for their lives, as others went through various forms of torture, including heavy whipping like beasts.
Don’t forget that the terrorists had earlier slaughtered one of their colleagues. In the new video, the totally terrified women, informed that they had chosen another victim to be similarly eliminated. Yet, no word about rescue! Terrible!
Interestingly, if not painfully, Tinubu’s response, in the few cases he bothered, was to see the crisis through the politics lens. His most recent reaction was to tell the world that the harvest of attacks and carnages ravaging the country, were sponsored by his political enemies, intent on shoving him out of power. That to him was all that mattered.
Now, where are your powers as C-in-C? They are mostly found in the most disgraceful economic and political acts of impunity. Nigerians now waking up to hear of the award of brain-dazing contracts such as the N15trillion Lagos-Calabar Coastal Highway and Badagry-Maiduguri Highway – with scant regard for official regulations, is now becoming more common than rare.
Few days after one of the teachers was beheaded and the video of the hideous act made to circulate on the social media, the President and his All Progressives Congress (APC), party, rolled out the drums of his winning the party’s ticket to contest the 2027 presidential election.
To say that it has been three years of weeping, wailing, mourning and gnashing of the teeth, is a clear euphemism. There is no starker way of putting it than calamity – pure, unmitigated catastrophe – disaster.
Then comes the big question. Nigeria is already breasting the tape of these ruinous years of the first term. Suppose Tinubu succeeds in renewing his tenure by January next year? Will Nigeria survive five more years of a life like the last three? What will be left of Nigeria? Is there a way out, outside shouting – God forbid!?
Now that Nyesom Wike, Minister of the Federal Capital Territory (FCT) has fully executed his plot against Siminalayi Fubara, Governor of Rivers State, where would it be placed in terms of identity, nuances, ethos and history? Where would it be placed in democratic arrangement and value? In other word, by what name would it be called?
So, this is what President Bola Tinubu’s much-advertised democratic credentials is all about? This is what being listed among the arrowheads in the National Democratic Coalition (NADECO), the body that fought relentlessly against the late Sani Abacha and his henchmen has finally come to?
Is this where “The Last Man Standing” – apologies Tony Elumelu – has ended up? So, after wedging an epic battle for and through Lagos State, against then President Obasanjo and practically defeating him, even if perceptibly, in all the struggles – such as running government without federal allocation for years and surviving the political onslaught that took away other South West states like a tsunami, it has come to this?
Don’t forget that it was this selfsame Tinubu that served as the bastion of opposition in Nigerian politics from when he was Governor of Lagos State, not only standing up against Obasanjo, but undertaking the relentless battles that led to the All Progressives Congress (APC), winning the war eventually in 2015.
So, this is what all the struggles, the speeches, the colloquia, the meetings and the strategies have come to – the end result? So, the definition of democracy, to Tinubu, is selling the dog to buy a monkey – replacing democratic bad-behaviour with democratic-heist? So, this is it?!
Make no mistake about it. What you saw play out in Rivers is nothing but Tinubu at work. It is all about him, it is for him. Never make the mistake of adorning Wike in the toga of a powerful man. That would be a fatal error of judgement. Every power he exercises, real, imagined, inferred or contingent belong to and are exclusive to Tinubu.
Take away the President and Wike would turn to a political meek-lamb or a jellyfish. Fubara would have eaten him for lunch a long time ago. So, Tinubu it is – the reason the klieglights must be beamed on him. That is why he must carry the can in this odious construct in Rivers in particular and the entire Nigerian political scenario in general.
With the picture that assaulted Nigeria regarding the APC primaries that have just held, what is different from the edition we saw in the Peoples Democratic Party (PDP) of old? Is it not worse or the worst in real and imagined terms? What then has Tinubu been fighting all these years?
Incidentally, where we have Wike today, we had Lamidi Adedibu, the Amala Politics exponent, Tony Aneni of the Mr. Fix-it fame and the Uba brothers in Anambra to whom the political firmament in Nigeria once bowed, among many plethora of examples.
So, there is nothing really new about the development, but for the fresh dimension that has been introduced into the narrative by the Wike phenomenon, which is totally novel. Before now it was a case of one behemoth in a political party rampaging the system.
But today, it has gone beyond that. Wike has developed the penchant for taking no prisoners. In his own strange construct, he has now coalesced the entire APC and PDP structure into his shoulder basket, from where he dispenses favours.
Imagine Kingsley Chinda, purchasing APC governorship election form, as a PDP federal lawmaker without first resigning from his original party. That is how wacky it has become. Wackier still is that nobody – not even the APC apparatchik has been able to raise a finger. Why? Obvious answer – the Tinubu factor.
Now, here is the danger. By the heist in Port Harcourt adding to the sequence of political oddities and absurdities since the Tinubu years, it has become obvious that Nigeria is headed towards a Paul Biya’s Cameroun, a Yoweri Musaveni’s Uganda and Zimbabwe under the late Robert Mugabe.
Tinubu, has shown obvious incapacity to tackle the parlous economic crisis in the country with 150 million Nigerians plunged into multidimensional poverty and many more growing the list daily, while also displaying uncommon powerlessness towards addressing the debilitating state of insecurity.
Under his nose citizens are daily being forced from their homes into the forests by terrorists, with some of them taken from their crutching positions, positioned before the camera and slaughtered – heads cut off like animals at an abattoir and video images freely displayed on social media.
Yet, by what has now happened in Rivers State, it has become obvious that Nigerians are not being factored into the whole equation and if they were, scant regard is paid to their opinion, ending in their powerlessness to change the situation. That is the tragedy!
In the early hours of Monday, January 26, 2026, Charles Chukwuma Soludo, stormed Onitsha Main Market, reputed to be the biggest enclave for trading and other commercial activities in West Africa, on what he called on-the-spot assessment.
It was a military-style display, reminiscent of the Muhammadu Buhari-Tunde Idiagbon, best-forgotten taskforce days, when soldiers, without warning swooped on markets, broke into their owner’s shops and practically sold available goods to the public at giveaway prices – many their cronies, in the guise of forcing their Essential Commodities policy.
In like manner there and then, the governor ordered the immediate closure of the market after accusing the traders of harbouring criminal intents and engaging in economic sabotage that costs the state a whopping N8billion in lost revenues. To boot, he even warned not only to close the market on a permanent basis, but if need be, even bulldoze it to the ground, should the traders remained recalcitrant in their decision.
Hear him: “Each Monday, we’ll come and inspect. If people are not in their respective shops, it will be shut down again. If you like I don’t mind shutting down this Main Market for the remainder of this year. If you don’t like it, go elsewhere and trade, but if you’re here, we’re not going to allow this plain economic sabotage. Also, we suspect whoever closes their shops to have some criminal intents.”
From the outset, we must state that what the world saw in that spontaneous encounter and subsequent days as the issues therein remained on the front burner, has little place in democracy, neither does it reflect sound, people-oriented leadership under the ethos of what has now been accepted across the globe as the best form of government.
Now, the last time we checked, Soludo is neither a military General nor even a soldier, but a highly-decorated academic, whose influence in the knowledge industry spans beyond education institutions, government – he was formally Governor of the Central Bank of Nigeria (CBN) – to international reckoning – consulting for some of the highest global bodies, including the United Nations.
Now, how does this selfsame global icon, reduce himself to a local dictator, dishing out orders as in regimental commands rather than employing that power of persuasion, which distinguishes brainpower – the emblematic factor of his training from raw strength of dictators in the gun business?
How does it fit? Do concepts like immediate effect and automatic alacrity form part of the recommendations Soludo makes to those global institutions he consulted for? Certainly no! So, why introduce them as his own governance template? That is the confusing, if not the disturbing part.
Is it not becoming clearer now? Is this military-style tendency not finding expression in the audacity captured in that ghoulish spectacle last year, where one Jennifer Elohor Edema, the young lady serving Nigeria under the National Youth Service Corps (NYSC) scheme, was stripped down to her birthday suit by some youths, visibly inebriated on influences of some brain-damaging substances, who were working for Soludo’s government?
By the way, when last did anyone hear anything about those criminals, outside the initial apparent crocodile tears at government places in Awka? Has anyone heard of any form of punishment? Have they been arraigned in court? If yes, what is the state of the trial?
In the instant case, we particularly detest the governor’s attempt to feign ignorance of the issues behind the conduct of the traders or his efforts to bury them under the veneer of righteous anger. To so do is deceitful, arrogant, if not self-serving – elements that seem to have, so unfortunately, formed part of the governance structure in Anambra State, as in most other states across the country, including the central government.
The issue here, if Soludo needs be reminded, is about the fate of Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), currently serving life sentence at a facility in Sokoto, to where he was sent by Justice James Omotoso of the Federal High Court, Abuja.
Of course, the governor was right in claiming that the dangerous security situation in the state has changed for the better and that Anambra is no longer the killing field it was until recently. Obviously, the blood-thirsty terrorists responsible for the carnages witnessed in the state, including those ostensibly aimed at enforcement of the sit at home orders, seem to be on holiday and from the look of things are no longer returning.
So, if the governor says security or insecurity of the traders is no longer the big issue, he has a foundation to so state. At least for the first time in recent years, Christmas was celebrated in the entire Igboland with the usual fanfare under the robust atmosphere devoid of fear. That alone gives credence to the extent of these changes.
But that is not the end of the story. Kanu’s fresh ordeal seems to have introduced a new chapter to the entire saga. Now, the current sit-at-home option appears no longer out of fear of being attacked or killed, but the willingness of the traders to donate every Monday, in solidarity with the IPOB leader. This was evident in the Tuesday demonstration, where the message of the traders who thronged the streets of Onitsha, was clearly delivered with renditions like – Nnamdi Kanu is another saviour.
Therefore, Soludo, must be a complete novice or pathologically naïve to claim he is not aware of this new sentiment. But he is neither of the two. There is no way the governor would not have been seized of the compelling emotions around him.
So, for him to put up that show on Monday, is nothing but a gambit tailored towards gaslighting the public. His feigned anger against the traders for not opening their shops is as manipulative as it is deceitful, just as argument thereto regarding the economy implications is as puerile as it is spurious.
It is demonstrative of lack of emotional intelligence, as it showcases the absence of the required synergy between the government and the people, a phenomenon that has become characteristic in the South East in recent years, where a huge gulf and trust deficit exist between the people and those who lead them.
It is indeed laughable when South East governors, including Soludo, lay claims to the current calm in Igboland, when on the contrary, many of them are accused of being collaborators, either as active agents of being complicit through their conspiracy of silence.
Who does not know that the late President Muhammadu Buhari, was the vector that transported that killer disease to Igboland? Dan Nwanyanwu, National Chairman of the Zenith Labour Party (ZLP), has remained relentless in establishing this fact most pungently in the past and even quite recently.
Soludo, in his chest-beating mode, gives the impression that he somehow sprung a genie out of the magic lamp to create a sudden miracle that turned the parlous security situation around. No! It was the death of Buhari that ended the blitzkrieg in the South East. Simplicita!
Where was this genie when during the Buhari days, when the Aguata Local Government headquarters, where he comes from was razed to the ground or when a swathe of Ihiala and adjoining areas in the state became a hunting ground for the rampaging terrorists, codenamed Unknown Gunmen.
He was only content in the open and shut attitude of dismissing the carnage they wrought as the handiwork of Kanu’s Eastern Security Network (ESN), even when the group swore on their father’s grave that they were not involved.
Indeed, if there is ever going to be anything good in the government of President Bola Tinubu, it is the fact that he is not as hungry for the blood of the Igbo man as Buhari, who never hid the fact of his desire to continue the civil war against Ndigbo, more than 50 years after.
Had Tinubu, who upped the ante in the marginalisation of Ndigbo in many ways, escalated this penchant by toeing the line as part of his continuation of the Buhari legacy, which he promised Nigerians, he might have renewed the military contract Asari Dokubo claimed to have with Buhari.
Yes, though he never revealed details of the so-called contract, its nature could be gleaned from the manner the people were dying wotowotowoto, as the Niger Delta warlord, himself gloated about some years back.
He even backed his gloating up in that viral video, with a display of an AK-47, boasting how he would use the weapon to cure Ndigbo their “madness.” Is it not surprising that in all his public comments, neither Soludo nor his South East colleagues ever mentioned this obvious threat to his people.
So, nobody is deceived by the governor acting like Idi Amin of Uganda, who went berserk because he could not get more money printed from his central bank. Nobody is moved by his threat to even bulldoze that market. He is only being clever by half, if not acting a script.
It does not remove the fact that he and his colleagues suddenly went mute, then and now and remained tongue-tied at a historic moment when Ndigbo are battling to extricate themselves from the soggy, foggy, belly of the whale, like the biblical Jonah, as they are in Nigeria today. It does not belittle the fact that Mazi Nnamdi Kanu is a metaphor for that horrible situation.
It is even worse that Soludo, arguably the most intellectually-gifted governor in Nigeria today, would be introducing some ethnic, sectional or indigene-based sentiments into the matter by trumpeting that those pursing the sit at home drive are not from Anambra. What a shame!
Who cares? Instead of such obtuse, infantile, if not asinine suggestion, would it not be more apposite for him to conduct a census in the entire Anambra, Aguata, his local government, Isuofia, his community and even the Soludo family to determine the number of Igbo people that are happy with the fate of not only Kanu, but Ndigbo in the hands of his friends in high authority today?
We hear that the traders have caved in. So, by Monday, expectedly, they would return to their shops – though definitely against their will. Soludo, would have scored another point and proven himself a strong man. But is it not a crab that makes itself king in shallow waters? Times shall tell!
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