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.
On Wednesday, July 8, 2026, Peter Obi, candidate of the Nigeria Democratic Congress (NDC), practically took the media space of Nigeria by storm, with his alarming claim that he might not be alive to contest the 2027 presidential election.
Obi was not talking about some strange illness discovered by his doctors, which had limited his days on earth or alluding to any other kind of natural cause of death. On the contrary, he was forecasting of a more diabolical, highly sinister variant of unnatural, untimely kind of death – political assassination or any other dimension relating to it.
The former Governor of Anambra State, who has remained the main thing in the polity since taking the Nigerian political firmament by storm with his emergence as contender for the nation’s number one job in 2022, ending up with a stunning performance in the February 25, presidential election as candidate of the Labour Party (LP), despite all odds, and prediction of naysayers, was not in doubt about where the threat was domiciled.
A guest of #WithChude, a popular podcast, hosted by Chude Jideonwo, he was instead quite emphatic that his reading of his current ordeal suggests that his traducers, might not stop with their clear intent of preventing him from being on the ballot in the 2027 presidential contest, but up the ante to the level of taking his life if the push eventually graduated to shove.
He did not mince words where the arrows were coming and who was pulling the bows, but was equally emphatic of that as well – the All Progressives Congress (APC) government of President Bola Ahmed Tinubu.
Hear him: “Every single thing I do for a living, this government is frustrating it. Deliberately so. Everything. So, there is even a possibility, if they have the opportunity, I will not be alive.
“It’s not an accusation. I know. I get frustration every day. Because you do things that you think would be normal – it is not normal anymore. They won’t come directly and say, ‘Oh, we’re doing this,’ but you can see their hand in virtually everything.
“They are attacking everybody who is in opposition personally. I am being attacked personally. Everything. Even to provide me with necessary things that I should have been entitled to, not at all. I had a case recently at the airport, where people who work in the airport came and locked my car. And I said, ‘It’s me.’
“But I said, ‘Look at the cars of other people.’ And you could see them talking to each other, as if, ‘Who is this one? And I see people I know at the airport, they will not greet me because they are fearing that if they greet me…And I have people send me invitations and say, ‘My son, my daughter is wedding, but please don’t come.’”
Since this outing, it has been hoopla on the Nigerian turf as the centrifugal and centripetal forces pull from all sides on the matter in a dog-fight between the government forces and Obi’s supporters.
In fact, Abuja did not waste time in producing a quick riposte, with Bayo Onanuga, spokesman of the President, ostensibly conveying the sentiments of his boss on the matter, dismissing the NDC candidate as a liar and a cry-baby.
He has support from Festus Keyamo, a Senior Advocate of Nigeria (SAN), Minister of Aviation and Aerospace Management, who quickly pulled out a video of what was supposed to be the airport incident Obi was referring to underscore the point that the former governor was indeed the guilty party.
In fact, so intense was Keyemo’s intervention that he not only instructed Obi to render an immediate and unreserved apologies to the airport staff – the selfsame people he accused of insulting him – but pay N25,000, which he claimed was the mandatory fine for the “crime” of parking in an unauthorised place, he allegedly committed.
Now as the drama in the nation’s theatre of the absurd continues to build up into a fearsome political fireball, it is pertinent to assess the situation, based on the facts on the ground – past and present.
In so doing, it is apposite to review the images on the huge national screen playing from the reel of events since Obi happened on the Nigerian political space. This will underscore whether his outcry could be considered as coming from genuine fears or dismissed as non-issues, as the Aso Rock Villa, enjoins.
Does NEXT International Supermarket, arguable once the biggest monuments in Abuja and one of the visible concerns linked to Obi, suddenly going up in flames some years back, not deserve a mention in the current conversation?
What about the outburst of Monday Okpebholo, Governor of Edo State, warning the NDC candidate never to step his foot in Benin the capital or anywhere within the territory without his express say-so? Where does that fit in?
How does Abuja capture the real life attack on Obi, then a chieftain of the African Democratic Congress (ADC), in the same Benin under the nose of the selfsame Okpebholo? Does that bullet-ridden vehicle that told the story of the entire macabre event in more ways than words not mean anything?
Okay, how is Obi supposed to process the silence of Abuja after an APC chieftain warned him not to step his feet into Rivers State or do so at the pain of death, when elsewhere such open threat ought to instigate an instant action, including the arrest and prosecution of the culprit?
What about the outburst of the selfsame Onanuga warning the NDC candidate – never to interfere in Lagos politics – following the blitzkrieg that came after trouncing Tinubu in his own backyard during the 2023 presidential election?
How was Obi supposed to process the pulling down of a prime property in Lagos belonging to his brother, in the context of this warning and other events that nuanced the actions of Alausa and other players since that 2023 routing?
Given this list of what is in the public domain, though not exhaustible yet – not knowing what else could have transpired beyond what is known to him and his supposed traducers alone, does it make for Obi to be complacent and believe that all is well?
For us, no politician in Nigeria today could be accused of being too careful with the foregoing events, not the least, Obi, given the long list of unresolved political killings history in the country.
The horrendous cases of the likes of Funso Williams, Bola Ige, Aminasori Dikkibo, Harry Marshal, Ogbonnaya Uche (OGB), who fell to the bullets of gunmen at various times, have not continued to blur the nation’s political firmament, but remain sad reminders of how awry things could go.
WHIRLWINDNEWS believes, therefore that the case of Obi deserves more than being dismissed with a wave of the hands as Abuja has since done. We believe that, not only the NDC candidate, but the nation needs the assurance that he is alive to contest in the election.
The consequences of Obi coming to harm might be graver than those who believe they are safe in the fortresses of Abuja foresee. It might signal the doomsday. Therefore, that assurance must come in visible words and deed. Now!
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!?
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