National Issues
Full text of speech of Aare Gani Adams, the 15th Aare Ona Kakanfo of Yorubaland
SPEECH BY OTUNBA (DR.) GANI ADAMS AT HIS INSTALLATION AS THE 15TH AARE ONA KAKANFO OF YORUBALAND BY THE ALAAFIN OF OYO, IKU BABA YEYE, HIS IMPERIAL MAJESTY, OBA LAMIDI OLAYIWOLA ADEYEMI III.
Date: Saturday January 13, 2018
Venue: Durbar Stadium, Oyo
Time: 11am
PROTOCOLS
Mo juba awon Aare Ona Kakanfo to siwaju mi:
1. Kokoro Gangan of Iwoye
2. Oyapote of Iwoye
3. Oyabi of Ajase
4. Adeta of Jabata
5. Oku of Jabata
6. Afonja of Ilorin
7. Toyeje of Ogbomoso
8. Edun of Gbogun
9. Amepo of Abemo
10. Kurumi of Ijaiye
11. Ojo Aburumaku of Ogbomoso (son of Toyeje of Ogbomosho)
12. Latoosa of Ibadan
13. Ladoke Akintola of Ogbomoso
14. M.K.O. Abiola of Abeokuta
There cannot be a more humbling occasion for me as the one we are in today.
Against the backdrop of the size of the office the Iku Baba Yeye, His Imperial Majesty, the Alaafin of Oyo, Oba Lamidi Olayiwola Atanda Adeyemi III, has bestowed on me and the larger than life image of my predecessors, my installation as the 15th Aare Ona Kakanfo is a challenge that has made all past challenges seem like a child’s play.
Though I am just stepping into the office, past occupants of the seat, especially the 13th and 14th occupants – Aare Samuel Ladoke Akintola and Aare Moshood Kashimawo Olawale Abiola – brought so much power and glamour to the office that it is obvious I have a lot of work to do. As astute businessmen and politicians of note, they raised the profile of the office.
There is no doubt from the reactions that followed my pronouncement by the Alaafin of Oyo as the 15th Aare Ona Kakanfo that the power and prestige of the office has not waned since it was created centuries ago by Alaafin Ajagbo.
In fact, the epoch-making event of today is symbolic as 2018 marks the 558th anniversary of the installation of the first Aare Ona Kakanfo – Kokoro Gangan of Iwoye.
It is of interest to note that the military, political, traditional and cultural symbolism of the title to the Yoruba Empire, about 600 years ago, is still of strategic importance in the 21st Century.
This attribute reveals the uniqueness of the Yoruba race and shows that so much is still expected of the occupant of the post, despite the fact that physical and armed wars are no longer the order of the day.
In fact, despite the fact that I am an holder of 52 traditional titles, none has drawn as much comments and commendation by way of letters and visits.
The import of the Office still stands: protection of the interests of Yoruba race, both within the country and everywhere else people of the race exist.
While it is estimated that there are 60 million Yoruba within Nigeria and about 200 million others scattered all over the world, as a starting point, the preservation of the culture of the race will occupy my attention.
Pitiably, as a race, we are gradually losing our culture. In fact, from my travels around the world, it has become obvious that people of other races are taking more interest in our culture than we the owners of the culture, with Americans, Europeans and Asians now earning Degrees in the study of our culture, beliefs and what they have come to term Doctrine. We need to preserve our culture to fully realize the potential of the Yoruba.
Though with an activist background, it is now clear that I have to do more as a bridge builder with this new responsibility.
In as much as the focus of my struggle has changed over the years from the heady days of the Oodua People’s Congress (OPC) to the spread of our culture through the formation of the Oodua Progressive Union (OPU), which is now in 79 countries, the Olokun Festival Foundation, Gani Adams Foundation and many others, this new responsibility, despite my age, has unwittingly forced the stature of a statesman on me.
I promise to live up to that calling.
In this regard, I will work with our traditional rulers, grassroots leaders and have good rapport with all stakeholders, no matter the differences of the past, for the unity, progress and advancement of Yorubaland and Nigeria.
The office of the Aare Ona Kakanfo will project the Yoruba culture and tradition by promoting and sustaining our identity globally.
The office will equally ensure unity of all Yoruba sons and daughters all over the world.
Also of strategic importance to me is research and documentary to sustain the ideals of our founding fathers.
To ensure the continuation of the leadership role the Yoruba is known for educationally, I will give scholarships to our sons and daughters because education is light and power.
Also, I will collaborate with security agencies and stakeholders to ensure that Yorubaland is effectively secured through our various organizations.
I want to assure this August gathering that given the fact that the Oodua Progressives Union (OPU), which I am also the Convener, is now established in 79 countries, I will use this Union and other pan-Yoruba groups abroad to invite our sons and daughters with exceptional abilities, who have distinguished themselves in various fields, to come home and help in our quest to ensuring that our country takes its rightful place in the comity of nations.
GRATITUDE
At this juncture, let me express my profound gratitude to all our revered traditional rulers who have been working tirelessly to unite our race. It is a long list that it will not be possible to mention all.
But let me use the following to pay tribute to our traditional rulers: the Alaafin of Oyo, Iku Baba Yeye, Oba Lamidi Olayiwola Adeyemi III who has deemed it fit to honour me with this prestigious title, the Ooni of Ife, Oonirisa Enitan Adeyeye Ogunwusi, Ojaja II; Chairmen of Council of Obas and Chiefs and all traditional rulers in Yorubaland, and not forgetting my root, the Zaki of Arigidi-Akoko, Oba Yisa Olanipekun, and all traditional rulers in Akokoland; all the Obas who bestowed me with 52 titles, which invariably laid the foundation for my emergence as the Aare Ona Kakanfo.
CALL FOR UNITY
The journey has started from here. And my first appeal goes to Yoruba sons and daughters who are outside the shores of the country not to forget that there is no place like home. This was what informed the formation of the Oodua Progressives Union (OPU), Gani Adams Foundation and Olokun Festival Foundation. Please, see Yorubaland as the place to be. Don’t give the race a bad name. Come home to invest.
As the 15th Aare Ona Kakanafo, I consider myself lucky that there is no war at hand confronting the Yoruba race now. In other words, we are living in peace time. However, I am not pleased with the level of Yoruba unity today and I am very concerned. Therefore, my greatest priority is the unity of the Yoruba race at home and in the Diaspora.
I will, therefore, spare no effort in ensuring the unity of Yoruba race within the contemporary Nigeria body polity.
To take the journey further, I will, after this installation, launch the Aare Ona Kakanfo Foundation. This will further promote the culture of the people and document the history of the Aare Ona Kakanfo title.
Since we are now in the era of Information Technology, we will be unveiling historical documents obtained from the Iku Baba Yeye on the Aare Ona Kakanfo title to a website.
2018 makes it the 30th year that the last holder of the title, Aare M.K.O. Abiola, stood before you for his installation. He died on July 7, 1998 and the post was vacant for almost 20 years.
Same happened when the 13th holder of the title, Aare S.L. Akintola, died on January 15, 1966. It took more than 22 years before his successor took over. Why? There is the myth that holders of the title will always die a violent death. But, this is not so because many holders of the title lived to be more than 100 years.
So, apart from setting aside the myth and projecting the image of the office, documenting the Aare Ona Kakanfo title will also let people know that a child born of humble beginning like me can make it.
From the extreme North of Yorubaland, Arigidi-Akoko in Akoko North West Local Government the rural area of Ondo State, here I am emerging as the Aare Ona Kakanfo.
WAY FORWARD
My second appeal as the Aare Ona Kakanfo goes to the Federal Government to attend to some of the major roads in Yorubaland that are critical to its citizens. These include Lagos-Ibadan, Oyo-Ilorin, Lagos-Badagry, Sagamu-Benin, Badagry-Lusada-Sokoto, Ibadan-Iwo-Osogbo, Osogbo-Ilesa, Ilesa-Akure-Owo-Lokoja and Lagos-Abeokuta.
It will also be a major plus if the government, as promised by President Muhammadu Buhari in his January 1, 2018 speech, attends to rail transportation as fast as possible.
The issue of power is also critical. This will empower artisans more.
Security is equally important. All these would aid the development of the tourism potential of the country.
Several countries, such as the United Arab Emirates (UAE), Britain, Turkey, Singapore, Kenya, Ethiopia, South Africa, Ghana, Rwanda, Saudi Arabia and Israel have diversified their economy to tourism.
I want to assure you that I will work with various stakeholders to turn our land into a viable tourist destination.
To our esteemed Governors in the South-West, I call for cooperation, no matter the party line. The Development Agenda for Western Nigeria (DAWN) Commission should be empowered. And I want you all to see me as a partner in progress.
I offer myself for service once it is for the advancement of the Yoruba race. The various groups in the South-West should also resolve their crises.
I will also persuade seven of our elders, who are not partisan, to work with me in uniting all Yoruba and resolve differences wherever they may arise.
PROFOUND APPRECIATION
In closing, let me express my profound appreciation to the Commander-in-Chief of the Armed Forces, President Muhammadu Buhari, Vice President Yemi Osinbajo, Senate President, Dr. Bukola Saraki and the Speaker of the House of Representatives, Rt. Hon. Yakubu Dogara, for their support.
I want to thank our host Governor, Senator Abiola Ajimobi, for his immense contribution towards the success of today’s event.
I also thank other governors for their support and contributions, financially and morally.
Let me thank all those who contributed to the success of this installation ceremony, especially members of the Planning Committee, the media and many others too numerous to mention.
I also want to thank my wife, Erelu Mojisola. She is a Pillar of Support and a Role Model for Women.
I want to assure all that as the 15th Aare Ona Kakanfo, I will use my position, God willing, to protect the interest of our land and our dear country Nigeria.
Mo ki gbogbo yin o
A dele bare o
Igba mi a tu ile Yoruba lara lágbara Olodumare, Amin.
Aare Ona Kakanfo Gani Adams
January 13, 2018.
National Issues
Nigeria’s Foreign Debt Servicing Hits $3.58bn in Nine Months, Pressuring Budgets
The Nigerian government spent a staggering $3.58 billion on servicing foreign debt within the first nine months of 2024, marking a significant 39.77% increase compared to the $2.56 billion expended over the same period in 2023.
This data, drawn from a recent report on international payment statistics by the Central Bank of Nigeria (CBN), reflects a concerning rise in the country’s foreign debt obligations amid depreciating currency values.
According to the report, the most substantial monthly debt servicing payment occurred in May 2024, totaling $854.37 million. This is a substantial 286.52% increase from May 2023’s $221.05 million.
Meanwhile, the highest monthly payment for 2023 was $641.7 million in July, underscoring the trend of Nigeria’s escalating debt costs.
Detailed analysis of monthly payments further illuminates the trend.
In January 2024, debt servicing costs surged by 398.89%, reaching $560.52 million, a significant rise from $112.35 million in January 2023. However, February saw a modest reduction of 1.84%, with costs decreasing from $288.54 million in 2023 to $283.22 million in 2024. March also recorded a decline of 31.04%, down to $276.17 million from $400.47 million the previous year.
Additional fluctuations in debt payments continued throughout the year, with June witnessing a slight decrease of 6.51% to $50.82 million from $54.36 million in 2023. July 2024 payments dropped by 15.48%, while August showed a 9.69% decline compared to 2023. September, however, reversed the trend with a 17.49% increase, highlighting persistent pressure on foreign debt obligations.
With the rise in exchange rates exacerbating these financial strains, Nigeria’s foreign debt servicing costs are projected to remain elevated.
The central bank’s data highlights how these obligations are stretching national resources as the naira’s devaluation continues to impact debt repayment in dollar terms.
Rising State Debt Levels Add Pressure
The federal government’s debt challenges are mirrored by state governments, whose collective debt rose to N11.47 trillion by June 30, 2024.
Despite allocations from the Federal Accounts Allocation Committee (FAAC) and internally generated revenue (IGR), states remain heavily reliant on federal transfers to meet budgetary demands.
According to the Debt Management Office (DMO), the debt burden for Nigeria’s 36 states and the Federal Capital Territory (FCT) rose by 14.57% from N10.01 trillion in December 2023.
In naira terms, debt rose by 73.46%, from N4.15 trillion to N7.2 trillion, primarily due to the naira’s depreciation from N899.39 to N1,470.19 per dollar within six months. External debt for states and the FCT also increased from $4.61 billion to $4.89 billion during this period.
Further data from BudgIT’s 2024 State of States report illustrates how reliant states are on federal support. The report revealed that 32 states depended on FAAC allocations for at least 55% of their revenue in 2023.
In fact, 14 states relied on FAAC for 70% or more of their revenue. This heavy dependence on federal transfers underscores the vulnerability of states to fluctuations in federal revenue, particularly those tied to oil prices.
The economic challenges facing both the federal and state governments are stark. The combination of mounting foreign debt, fluctuating exchange rates, and high reliance on federally distributed revenue suggests a need for fiscal reforms to bolster revenue generation and reduce vulnerability to external shocks.
With foreign debt obligations continuing to grow, the report emphasizes the urgency for Nigeria to address its debt sustainability to foster long-term economic stability.
National Issues
Rep. Oseni Urges Urgent Action on Rising Building Collapses in Nigeria
Engr. Aderemi Oseni, representing Ibarapa East/Ido Federal Constituency of Oyo State in the House of Representatives, has called for a prompt investigation into the increasing occurrences of building collapses in major cities across Nigeria.
In a motion presented to the House on Wednesday, Oseni expressed deep concern over the alarming frequency of building collapses, emphasising the threat they pose to the lives and property of Nigerians.
The APC lawmaker, through a statement by his media aide, Idowu Ayodele, cited the recent collapse of a two-storey school building at Saint Academy in Busa Buji, Jos, Plateau State, on July 12, 2024. The tragic incident, which trapped 154 people and claimed 22 lives, is the latest in a series of similar disasters, raising serious concerns nationwide.
Oseni also referenced a report from The Punch newspaper, which revealed that Nigeria had recorded 135 building collapse incidents between 2022 and July 2024.
“This figure is alarming and unacceptable,” he stated, stressing the urgency of preventing further occurrences.
The Chairman of the House Committee on Federal Roads Maintenance Agency (FERMA), Oseni reminded the House that the Council for the Regulation of Engineering in Nigeria (COREN) and other relevant professional bodies are responsible for ensuring compliance with building standards and practices.
“Despite these regulatory frameworks, the recurring collapses suggest that enforcement is lacking. The loss of lives, properties, and resources is staggering, and this disturbing trend must be addressed immediately,” he remarked.
He proposed the formation of an Adhoc Committee to investigate the underlying causes of these collapses and recommend both immediate and long-term solutions.
Also, he urged the House Committee on Legislative Compliance to ensure swift implementation of any recommendations.
The House agreed to deliberate on the motion and is expected to present its findings and proposed actions within eight weeks.
National Issues
Corruption Among Political, Religious Leaders Stalls Nation-Building – Olugbon
The Vice-chairman of the Oyo Council of Obas and Chiefs, Oba Francis Olusola Alao, has expressed deep concern over the increasing involvement of religious leaders in material pursuits, accusing them of abandoning their spiritual duties in favour of wealth and influence.
Oba Alao, who is also the Olugbon of Orile Igbon, made this statement during a visit from the leadership of the Cherubim and Seraphim Church Movement “Ayo Ni O,” led by Baba Aladura Prophet Emmanuel Abiodun Alogbo, at his palace in Surulere Local Government on Thursday.
The monarch accused some religious leaders of sharing part of the blame for the moral and political crises that have engulfed the nation. According to him, spiritual leaders, once seen as the moral compass of society, have become compromised by corruption, aligning themselves with the very forces they should condemn.
Oba Alao was unapologetic in his criticism, stating, “Ninety-five percent of Nigerian leaders, both political and religious, are spiritually compromised.”
He argued that this moral decay among clerics has made it impossible for them to hold political leaders accountable or speak the truth to those in power, as their integrity has been eroded by their pursuit of material wealth.
“Carnality has taken over spirituality. Our religious leaders can no longer speak the truth to those in authority because their minds have been corrupted. Most of the so-called General Overseers (G.O.) are corrupt and perverted,” Oba Alao added.
He stressed that this shift towards wealth accumulation at the expense of spiritual values has greatly contributed to the country’s stagnation in development and social justice.
Olugbon urged both religious leaders and traditional rulers to reflect on their actions, reminding them that they would be held accountable for their stewardship, both in this world and the next.
“The prayers of sinners are an abomination before God, hence the need for our leaders to rethink,” he warned.
The monarch concluded by reiterating the transient nature of power and the importance of staying true to sacred duties, regardless of the temptation to indulge in worldly gains. “I am a traditional ruler. I don’t belong, and will never belong, to any occultic groups,” he emphasised, drawing a clear line between his position and the corrupt practices of some leaders.
In response to the Cherubim and Seraphim Church Movement’s request for collaboration on community development projects, Oba Alao assured them of his support.
“Your requests are aimed at the development of the Orile Igbon community. I am assuring you that necessary assistance will be provided in this regard.”
Earlier, Prophet Alogbo requested the monarch’s collaboration on a range of community development projects. These initiatives include the establishment of a women and youth empowerment center, clean drinking water initiatives, a bakery, animal production facilities, and farm produce processing.
Other proposals included a diagnostic and medical center, a full-size recreational sports facility, and a home care facility for the elderly.
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