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Obaseki: Nigeria is broke! *Tinubu, doesn’t lack ideas to fix economy, he lacks courage

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“Nigeria is technically bankrupt. And I mean it. When you are bankrupt anywhere in the world, like in the United States, you file for what they call Chapter Eleven. You restructure your affairs so that you can reorganise and meet your obligations. Nigeria is not restructuring in that sense; it still behaves as if it had money like it used to.”

These were the words of Godwin Obaseki,  Governor of Edo State, on Thursday night, as he weighed into the current parlous economic situation in the country, saying nothing would save the situation, outside the boldness of its leadership to take drastic action to halt the current drift.

Recall it was the same Obaseki, a renowned investment banker before his current job, that alerted the Nigerians in 2022 about the reckless nature Muhammadu Buhari, was embarking on ways and means to run the Nigerian government, citing how the administration printed N60billion in a fell swoop for state to share, a development for which he got into a bitter engagement with the administration.

A guest of Politics Today, a public affairs programme on Channels Television, Obaseki, who spoke ahead of Saturday’s governorship election in his state, accused President Bola Tinubu of lacking in the courage to restructure the country, which he said was the only way out of the woods for Nigeria.

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Arguing that Nigeria was no longer earning enough to take care of its expenditure, while officials were still stuck in the past by behaving as if the country was still rich, he said the restructuring must be such that would ensure that individual states took advantage of their individual resources and economic opportunities, to bolster the national purse.

“It (Nigeria) has been in trouble for a while. I won’t say insolvent, but technically so, in the sense that we don’t have enough to cover our expenditure, we are not reducing our expenditure, and we are not earning more.

“First, the Federal Government does not have the capacity to manage the economy at the scale and in the way it is currently doing. You’re producing 1.3 million barrels of oil, right? Because you are trying to do it centrally. We have 147 oil wells in Edo, and only 53 or fewer are producing.

“Unless you create a new design that allows the individual states to take advantage of the economic opportunities they have, stressing the assets of this country and paying what they need to pay to the central government, the federal government cannot sit and try to micromanage the country and its assets. It has shown that it cannot. It doesn’t have the capacity to do so.

“I think for me, it’s like this federal government is stuck, and stuck in the past. Because you cannot resolve a malignant problem using the same tools you have used over the years. It’s not that the people there are not smart; it’s not that they’re stupid. It’s more that they just don’t have the courage to make the decisions they need to make. The problem with Nigeria today is structural. The structure we have is expired; it’s outdated. We need a new structure to run the economy of the state. If it doesn’t happen, we are not going anywhere.”

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Obikeze, globally-acclaimed medical doctor, becomes Healthnomics’ MD-CEO

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Obioma Obikeze, an internationally-acclaimed medical doctor will on April 1, assume duties as its new Managing Director and Chief Executive officer (MD-CEO) of Healthnomics HMO Plc, in a move the organisation, said is to tap his huge experience in healthcare policy and financing as well as strategic leadership and expertise in health insurance and managed care operations.

A statement by the organisation, announcing the appointment, cited Obikeze’s background including his transformative roles at the Federal Medical Centre Yenagoa, where he led significant operational enhancements in health insurance and managed care programmes, saying his commitment to excellence in healthcare leadership remained evident from his recent tenure as Acting Head of Clinical Services and Training at his institution.

The statement, signed by Kenneth N. Ozoilo, a Professor and Chairman, Board of Directors, said further relished the quality of the new organisation’s boss, saying with a medical degree from the University of Nigeria, a fellowship of the West African College of Physicians, and a master’s degree in epidemiology and medical statistics from the University of Ibadan, fitted perfectly into the company’s desires and mandate.

“Obikeze was also a World Bank Exchange Scholar at the Heller School for Social Policy and Management at Brandeis University, Massachusetts, USA, graduating with a master of science (MS) in International Health Policy and Management. He also holds certifications in Health Care Financing for Universal Health Coverage from prestigious institutions like the World Health Organization, Geneva, Switzerland, and Heidelberg University, Germany.

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“We are pleased to have Dr. Obioma Obikeze lead our team. His exceptional expertise, track record, and uncommon commitment make him the perfect candidate to guide our organization towards impactful healthcare solutions for our clients,” Ozoilo, said.

On his part, the new MD-CEO, was quoted as saying: “I am thrilled to lead Healthnomics HMO Plc on our mission to redefine healthcare quality through responsible and accountable purchasing arrangements. Our dedicated team is focused on enhancing health outcomes, elevating the patient experience, and fostering positive collaborations and accountability with our stakeholders.”

Ozoilo, who described the company as described as a visionary Health Maintenance Organisation driven by its mission to enhance access to quality and affordable healthcare services to individuals, families, and corporate organisations at affordable costs. We work to improve health outcomes, enhance responsible patient experience, and make a positive impact on our communities.

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I don’t regret my insult on Oby Ezekwesili, she deserved it – Nwaebonyi

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Onyekachi Nwaebonyi, Senator representing Ebonyi North Senatorial District, at the National Assembly, is still talking tough hours after raining expletives on Oby Ezekwesili, former Minister of Education, calling her a thug, an old woman with smelly mouth among others during an engagement in the Senate, on Tuesday.

The ugly encounter took place at the sitting of the Senate Committee on Ethics, Privileges, and Public Petitions during the commencement of hearing on the petition of sexual harassment brought by Natasha Akpoti-Uduaghan, the Senator representing Kogi Central against Godswill Akpabio, Senate President.

Contrary to the belief in some quarters that he spoke in the heat of the moment and on reflection would be regret the words he used at the former Minister, before then Vice President of the World Bank for Africa, Nwebonyi, palpably still burning with anger, told his host on Politics Today, a public affairs programme on Channels Television on Tuesday evening, that he had no such regrets.

Justifying his obstinate position, he accused the former Minister of bringing the insults on herself deservedly for ordering him to shut up, even when she knew she was speaking to a Senator of the Federal Republic of Nigeria, adding that such insult to his person would never be allowed.

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Hear him: “It started when she was asked to be an oath because she said she was a witness. She said, ‘no she can’t be on oath, she can’t oath.’ As a person, I said I am willing to be sworn on oath so that I can give my own evidence. I was addressing the presiding office. She turned to me and said, ‘Will you shut up your mouth, you are a hooligan.”

Absolving himself of blame at the choice of his word in which he thundered: “How can I regret the scenario? I gave it to her. Is it fair for her to address me that way? As a former minister of the federal republic and a grandmother, ask her first.”

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Why I asked Nwaebonyi to shut up – Oby Ezekwesili

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Oby Ezekwesili, former Minister of Education, on Tuesday, gave further details on the altercation between her and Onyekachi Nwaebonyi, Senator representing Ebonyi North, at the National Assembly, during the commencement of hearing of the sexual harassment case filed against Godswill Akpabio, Senate President by Natasha Akpoti-Uduaghan, Senator representing Kogi West.

At the Senate Committee on Ethics, Privileges, and Public Petitions, the two had engaged each other in a shouting match, using unprintable names, with the Senator virtually going overboard to as much as calling the former Vice President of the World Bank, a whore.

A guest at Prime Time, a public affairs programme of ARISE NEWS Network, hours after the incident, the former Minister admitted telling the Senator to shut-up, but explained that it was because the team of Akpoti-Uduaghan, was overly stressing Senate rules over the constitution and giving undue preference to the Akpabio camp.

Giving a detailed account of the encounter, she said: “I was there as the Chair of the global body known as the Women Political Leaders. It is based in Brussels, but it is a global body for all women who have been Presidents or former Presidents, Prime Ministers, parliamentarians and members of cabinet of countries.

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“So, it is a global flagship for women political leadership. And so, I was there as a witness on her side on the basis of the expert knowledge that we have over this issue around the world. It is based on data that this is a problem. One out of every three women, has faced one form of sexual-based violence or the other. And so, a lot of countries are paying serious attentions to it, because it is inimical to the society.”

The former Minister who was present at the hearing alongside Abiola Akiyode-Afolabi, lawyer to Zubairu Yakubu, who raised the petition on behalf of the Kogi Senator, one in the four females in the 10th Senate, narrated how the petitioners raised the issue of bias against the committee, said she became more displeased, when the committee tried to dismiss the Natasha team as unserious.

“In fact the words they used was that ‘we do serious things here, we don’t have time for unserious things.’ At that time, I had my hand up and I said, ‘I actually think that was a wrong use of words, we are not unserious people, this is a serious matter.’ Many conversations went on. Eventually, the Senate Ethics Committee, decided that based on the fact that the petitioner was saying that he wasn’t going to go into his main petition until they assured him that on the two objections that he had, they said, it meant we were not ready to engage on the matter.

“Then, suddenly, they also said, by the way, this matter is sub-judice because there are two cases in court and they mentioned the case of the wife of the Senate President and that on the basis of that they actually really shouldn’t… it was at that point that Dr. Abiola said, what’s the point, why are we here?

“When all that was going on, then, this Senator, who I would not acknowledge by mentioning his name, he then said if they are not ready about giving any testimony, I am here representing the Senate President as a respondent. I’m prepared to speak because we can’t continue with this. Then I said to him, ‘can you please shut up?’ Because we were just told that we couldn’t speak. And you have been speaking without any form of an equivalent treatment.

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“You said we couldn’t speak because we were not ready to go into any conversation without our objections being addressed. Yes I said that. But he was already provoked, by the fact that he felt that we were not serious. Part of what inflamed it was that the petitioner said, by the way, it is this Senator that made a lot of statements about my Senator in words that were not complimentary.”

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