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South East: A Time to Regroup

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Igbo Governors
  • South East: A Time to Regroup

This is not the worst time to be an Igbo in the Nigerian political sphere, in fact, it is actually the best time for Igbo politics. However, it will take some dynamic thinking to realize this. Say what you want about Tinubu but he understood this early and he played the game well, “you cannot go and play in the big leagues if you do not have big players who turn up and show up.”

You cannot go and play in the big leagues if you do not have big players who turn up and show up.

What does that mean? Look at the present crop of political leaders in the South West and immediate environments (from the 6 states to Kogi and Edo) and you can actually pick enough people called “Tinubu boys” who have political clout and weight. These are people who have been tested and have the strength and dynamism. Even those who are deemed estranged like Fayemi and Fashola. And guess what, they also show up meaning they hold down their own house and can turn up political numbers any day. Do a number of Tinubu Boys in Lagos alone and you will be shocked, from Hamzat to Leke Pitan. Not trying to praise Tinubu but this type of alliance is needed. I have not seen one single politician in the South East that commands such respect across the board in the South East. How can you position yourself for National Politics if you have not conquered regional politics?

How can you hold your own when you can’t show up to a party meeting with at least fifteen boys who are willing to work for you from all the states? Almost every South East politician is just popular in each of his/her state. This is the problem governors who perform like Obaino and talkers (even though he does too much) like Peter Obi has. They need people to fight for them and hold down other states for them.

You call it godfatherism, I say it is alliances. Imagine if Okorocha can boast of having a huge support base from not just Imo but also Ebonyi, Abia, Rivers, and Enugu. That is 5 states. He is already in a good position for any political negotiation and he is more likely to get what he asks for if he wants to form an alliance with anyone.

You call it godfatherism, I say it is alliances.

Saraki did not become this influential by locking himself in Kwara. No, he played his politics in his region. Same as El Rufai. People have no idea the politics that happened on the morning of the primaries between Fashola, El Rufai, and Tinubu. That could have cost President Buhari the ticket if not for alliances.

Similarly, Akpabio is facing the same problem, his support basically stops in Akwa Ibom (which the governor is doing his best to uproot) outside the state, none. At least, Amaechi even though he is as dramatic as a woman (no disrespect to women) but he is bringing his boys out and giving them posts who will in turn spread his own political clout. That is not even national politics, but regional.

People wonder why the Tinubu group can be so confident about Lagos. Because they have done the work of 100 years. They have almost every traditional leader, every market leader, every motor park, and almost every structure on the informal side and the formal side, they allow the social media boys do the dirty fight. If you don’t know, you can’t beat the Tinubu boys on Twitter and Facebook. They are always ready.

This is the time for the South East politicians to forge intra-regional alliances. Have one or two politicians in the South East and parts of the South-South who can boast of at least 30 percent of voters in each state in terms of Senators, House of Representatives, State assemblies, etc., and then launch for the National scale.

This is the time for the South East politicians to forge intra-regional alliances.

However, playing the victim card while expecting things to fall into your arms will not help the region. The South East has to stop claiming marginalization, everybody in Nigeria has been marginalized but not everyone chooses to wear it on their sleeves. Stop attacking other tribes because you feel they have it better or they made better calculations, if you lose, take that loss with your chest, go home and work on it, come back to another fight smoking and looking new (political fights are not every 4 years, they are every re-run election, every party ward primary, every local government poll) put your players in position that will help spread your influence so when they call your name in one place, the response is heard from 7 places. That is a political influence.

The South East has to stop claiming marginalization, everybody in Nigeria has been marginalized but not everyone chooses to wear it on their sleeves.

And politicians have to stop looking like tribal bigots –even if you are, you are a politician, polish yourself. See how commissioners in Lagos, went to be senators, ministers, and governors. Don’t restrict your planning to one tribe. Ambode did a lot of the financing of Edo politics on Tinubu’s behalf now, they have a governor they can plan with. Governors in the South East have to capture grounds outside their state, make none indigenes commissioners and advisers and send them to be senators in their states but what have you in their states. Defeatist.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Lagos Eyes Investment Surge as Sanwo-Olu Unveils Growth Strategy

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Governor Babajide Sanwo-Olu of Lagos State is spearheading a bold push to attract significant investment inflow to boost the state’s economic growth.

During a Pre-Summit Investor Roundtable at the Africa Social Impact Summit (ASIS 3.0), held at Eko Hotels and Suites, the governor outlined strategic opportunities for investors.

With the theme “Invest Lagos – Investment Opportunities,” the summit was organized by the Sterling One Foundation in collaboration with the Ministry of Commerce, Cooperatives, Trade, and Investment.

Attended by business leaders, chambers of commerce, and industry captains, the event underscored Lagos’ potential as a hub for economic activity.

Sanwo-Olu highlighted Lagos’ positive economic outlook, citing an expanding population and sustainable infrastructure as key growth drivers.

Despite challenging business environments, the state’s economy has shown resilience, welcoming new investments while sustaining existing ones.

The governor emphasized reforms aimed at improving the ease of doing business. He mentioned that digitizing services had reduced bureaucratic hurdles, fostering a stable business climate.

Sanwo-Olu assured potential investors of the state’s commitment to creating a supportive environment that ensures returns and security for investments.

“In the last five years, Lagos’ GDP has grown by 50 percent,” Sanwo-Olu stated. “We aim to sustain this growth and ensure the gains of the past years are not reversed.”

Sanwo-Olu identified sectors ripe for investment, including transportation, tourism, health insurance, and waterways. He expressed the government’s dedication to advancing development plans in these areas.

Commissioner for Commerce, Cooperatives, Trade, and Investment, Mrs. Folashade Ambrose-Medebem, highlighted Lagos’ economic strides, noting that the state’s GDP had increased from N27 trillion to N41 trillion in five years.

She detailed strategic investments, particularly the allocation of N550.7 billion for infrastructure in 2024, and the commitment of N44.33 billion to food security initiatives.

Sterling Bank’s Managing Director, Mr. Abubakar Suleiman, pointed out that economic growth in Africa is often hindered by an unstable investment climate.

The summit aimed to build investor confidence by fostering trust and transparency in business environments.

“Lagos remains a leading destination for investors,” Suleiman noted. “The state provides clarity and access to markets, maintaining consistency in its investment strategies.”

Sanwo-Olu’s administration continues to focus on diversifying Lagos’ economy through strategic investments in various sectors.

The state’s proactive approach has positioned it as a global city and an emerging African financial center.

The governor’s initiative is expected to further solidify Lagos’ reputation as a prime investment destination, paving the way for sustained economic growth and development.

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Vice-President Harris Gathers Momentum as Democratic Nominee

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Kamala Harris

Vice-President Kamala Harris has secured the support needed to become the Democratic nominee for president.

This was after President Joe Biden announced he would not seek re-election, endorsing Harris as his successor.

According to CBS News, Harris has received endorsements from over 1,976 delegates, surpassing the threshold needed to clinch the nomination in the first round of voting at the Democratic National Convention (DNC) scheduled for August.

Delegations from at least 27 states have expressed full support, showcasing a strong backing across the nation.

In her address to campaign staff in Wilmington, Delaware, Harris expressed gratitude for the widespread support, adding that she committed to uniting the party and the country.

“We have 106 days until Election Day, and in that time, we have some hard work to do,” she stated.

Harris laid out her vision for America, contrasting it with that of her likely opponent, Donald Trump.

Speaking on the direction of the campaign thus far, she said “Our campaign has always been about two different versions of what we see as the future of our country. One focuses on the future, the other focuses on the past.”

She acknowledged the accomplishments of the Biden administration, highlighting her pride in serving as vice-president.

“My time serving as vice-president was one of the greatest honors of my life,” Harris said, underscoring her dedication to continuing the work they started.

In a phone call to his campaign team, Biden praised Harris, urging his supporters to rally behind her. “I’m hoping you’ll give every bit of your heart and soul that you gave to me to Kamala,” he said.

Despite stepping back from the race, Biden vowed to remain actively involved in supporting Harris and emphasized the importance of defeating Trump, calling him “a danger to this nation.”

Harris’s nomination marks a significant milestone, but challenges remain. The campaign will focus on addressing key issues such as healthcare, climate change, and economic inequality.

With millions of dollars pouring into her campaign since Biden’s announcement, Harris aims to capitalize on the momentum and build a coalition that appeals to a broad spectrum of voters.

As the DNC approaches, Harris is expected to formally accept the nomination, solidifying her position as the Democratic leader.

The coming months will be crucial as she works to unite the party and reach out to undecided voters. With her historic nomination, Harris stands poised to make a lasting impact on the future of American politics.

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President Declines Nomination, Endorses Harris for 2024

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In a significant political announcement on his X.com account, President Joe Biden has decided to forgo the opportunity to seek re-election in 2024, instead throwing his full support behind Vice President Kamala Harris.

The surprise move, shared with the public this morning, represents a pivotal moment in the Democratic Party’s journey toward the upcoming presidential election.

In his statement, Biden said that his choice to step aside is driven by a desire to concentrate on his remaining duties as President.

He expressed gratitude for the opportunity to serve alongside Harris, calling her selection as his Vice President in 2020 “the best decision” he has made. “My fellow Democrats,” Biden began, “I have decided not to accept the nomination and to focus all my energies on my duties as President for the remainder of my term.”

The President’s announcement signifies a strategic shift in the 2024 election landscape. By endorsing Kamala Harris, Biden not only aims to consolidate support within the party but also to set the stage for a unified front against former President Donald Trump.

“Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year,” Biden declared. “Democrats — it’s time to come together and beat Trump. Let’s do this.”

This endorsement comes as a surprise to many, given Biden’s earlier commitment to seeking re-election.

However, it reflects a broader strategic maneuver to ensure party unity and strengthen the Democratic position in the face of a formidable opponent. By focusing on Harris, Biden aims to leverage her growing popularity and political acumen to fortify the party’s chances in the upcoming election.

Kamala Harris, who has served as Vice President since January 2021, will now be thrust into the spotlight as the presumptive Democratic nominee.

Her campaign is expected to build on the legacy of the current administration while addressing key issues facing the nation.

The move also raises the stakes for the Republicans, who will need to prepare for a robust campaign from a seasoned political leader in Harris.

As the 2024 election cycle ramps up, Biden’s endorsement is likely to reshape the dynamics of the race, influencing both Democratic strategies and Republican responses.

The coming months will be critical as Harris and her team work to solidify their platform and rally support from voters across the nation.

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