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I don’t think you'll make it, I replied, I will make it, Tinubu on how he nearly quit Presidential Race

President Bola Tinubu said he nearly quit the 2023 Presidential Race.

The President said this at a Special Iftar held in his honour at the Presidential Villa on Saturday night.

President Tinubu thanked Guests for their presence, prayers, and contributions to the Nation’s Development, and appreciated Nigerians for their outpouring of goodwill and prayers as he marked his 73rd Birthday.

Reflecting on his Political Journey, President Tinubu recounted a moment of doubt during the 2023 Election Campaign when he contemplated withdrawing from the race after an encounter with a Close Relative.

“Those close to me know that the odds were against me. During the Campaigns, one of them came to my Living Room around 3:30 a.m. and said he needed just N50,000 to buy Foodstuff for our Uncle.

“He told me, ‘The Currency is gone because of you. People are jumping over Bank Counters because there is no Cash. Our Uncle, a Wealthy Man, doesn’t even have N10,000 in Cash. What are you running for?

“I told him, ‘I am running for President, not for you and our Uncle.’ I gave him the N50,000. As he walked out, he turned to me and said, ‘I don’t think you will make it.’ I replied, ‘I will make it,'” said Tinubu.

The President stated that his Uncle later called to confirm receiving the Money but admitted that he had only given the Messenger N10,000, keeping the rest.

“I was amazed. At that moment, I almost dropped the Idea of running for President. But thanks to Aminu Masari and all of you who encouraged me.

“When I came to Abuja, Masari told me, ‘I am the Chairman of the North West Group; don’t look back’,” he said.

President Tinubu noted that he assumed Office during a time of Economic Uncertainty and had to make immediate, difficult Decisions, including removing the Fuel Subsidy.

“On the day of my Inauguration, I had to decide on something not originally in my Speech, and that was the Fuel Subsidy Removal,” he said.

Noting that Nigeria had reached a point of no return on the Issue, the President said: “The Hallmark of a Great Leader is the ability to make the right decision at the right time.

“That was the day I declared that the Subsidy was gone. The following day, I was hounded and thoroughly abused in the Media. But I stood firm, knowing it was the right thing to do for our Nation’s Future.”

Vice President Kashim Shettima lauded the President’s sacrifices, stating that History will remember him as the Leader who took on the Nation’s most complex Challenges.

“Thanks to his boldness, future Presidents of Nigeria will not have to wrestle with the same Ghosts that haunted Past Administrations, including Fraud-Ridden Fuel Subsidies, an Unstable Forex Market, and the suppression of Local Government Autonomy.

“These were the thorny Issues that many before him sidestepped. But Asiwaju did not sidestep History; he came to rewrite it.

“And in rewriting it, Asiwaju has taken the bullets that many before him simply lacked the courage to face.

“But that is the thing about true Leadership: it is not for those who seek comfort. It is for those who understand that the path to National Greatness is lined with difficult choices,” he said.

Godswill Akpabio, President of the Senate, praised the President’s ability to forgive and his relentless passion for National Development.

Akpabio described the President as a Leader who thinks outside the box and as the ‘Most Audacious President’ in the Country’s History.

He said under Tinubu’s watch, Governors were getting more Allocations.

“If I were a Governor under your Administration, I would have been a ‘Supernatural Governor’ and not an Uncommon Governor,” he said.

Benjamin Kalu, Deputy Speaker of the House of Representatives, described President Tinubu as a Leader who has broken barriers and uplifted Future Nigerian Politicians.

He noted that the President had taken a backseat to raising Leaders for Decades.

“Today, he is at the forefront because Nigeria needs him. In 2019, despite not being from his Region, he supported me in my most difficult Political Moment.

“Nigeria needs Leaders who rise above Tribal Considerations, and he has demonstrated that,” he said.

Governor Hope Uzodinma of Imo State commended the President’s Decisive leadership at a time when Nigeria needed stability.

“Only a Leader with deep conviction and love for the Country could have taken the bold and yet necessary Decisions that averted National Collapse and now restoring hope and confidence across the Federation,” he said.

Bosun Tijjani, Minister of Communications, Innovation, and Digital Economy, shared his Personal Experience of being appointed by President Tinubu despite his past activism.

“Before my Appointment, I had never met the President. But after my Confirmation, he told me, ‘I have looked at your Records and Activism, and I am giving you an opportunity to serve,'” he said.

The Minister recounted a recent Meeting at the World Bank, where a Senior Official described Tinubu as the best Reformist Leader in Africa today.

Shaffideen Amuwo, a Childhood friend of the President, reminisced about their early years and how divine providence led Tinubu to the Presidency.

“Our Relationship did not just start in Chicago; we played Soccer together as Children.

“While I chose the Library, my Brother chose Politics because he loved to speak. Today, Allah has shown His greatness by guiding him to lead Nigeria.

“The City of Chicago, founded by a Black Man, has educated the Man who now leads the Most Populous Black Nation on Earth.

“I pray that Allah continues to hold his hand and guide him as he works to save our Country,” he said.

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I don’t think you'll make it, I replied, I will make it, Tinubu on how he nearly quit Presidential Race
News
30-Mar-2025

Nations Don't Run on Autopilot

There’s a prevailing notion that every nation gets the kind of leaders it deserves. It is a belief that skirts dangerously close to truth. The birth and evolution of nations are inseparably tied to the consciousness of their founding elites and the succeeding generations that inherit the mantle of leadership. The political and economic pulse of a nation, the pleasant or stale breath it exhales into the world, is the sum of the converging energies of its people—specifically, its leaders and the multitudes who follow them.

Nations do not run on autopilot. That in itself would be a dangerous precedent, if it were ever so. There are always hands at the controls—pilots in the cockpit, charting the course through clear skies or navigating storm-laden clouds. Some ascend to these exalted positions by flukes of history, while others rise by a mix of predestination and popular will. Yet, in the governance of states, how one arrives at the helm is as significant as what one does upon arrival. Leadership is not a privilege to be luxuriated in; it is a burden of urgent service, a responsibility to steer the fate of millions towards safety and prosperity.

Just as nations can be flown, they can also be harnessed—like carts drawn by a select few for the benefit, or detriment, of the many. The ideological inclinations and worldviews of the ruling class ripple through society with their diverse currents, shaping the destinies of those they govern. In ideal circumstances – a rare occurrence in contemporary Africa - the will of the majority enthrones the leadership of the few, an arrangement sanctified in democratic traditions. Here, the aspirations of the people find expression in the policies and pronouncements of those elected to serve them.

But when leadership ascends not on the mandate of the people but through the deft manipulations of power, the distortion is inevitable. When greed eclipses governance, and legitimacy is traded for personal gain, the few at the top steer the machinery of state toward tyranny and totalitarianism. The consequences are stark: a nation meant to soar is instead dragged through the mud, its trajectory dictated by opportunists rather than visionaries.

There is another peril. Perhaps the most steeped, the most scathing. Leaders blinded by what Plato termed the ‘Idols of the Cave’—trapped in the shadows of their own illusions—stumble in their interpretation of national needs. Whether through ignorance, self-interest, or sheer incompetence, they misread the imperatives of governance, and the results are catastrophic. The nation, like a rickety cart, lurches towards the abyss, while those on board—ordinary citizens—brace for impact when they should be basking in the security of foresighted leadership.

At the core of great leadership lies values—sacred, unshakable principles that shape governance and inspire followership. A leader is only as strong as the values they uphold, just as a nation is an intricate web of its ideals and governing philosophies. But legitimacy, in many societies, is often mistaken for subservience. Over time, the inability of citizens to question authority or hold up a mirror to their leaders has bred a culture of acquiescence. Hero worship in governance begets not just ineptitude but an entrenched culture of political recklessness, where incompetence, excesses, and even outright plunder go unchecked.

Also, nations that are making laudable developmental strides are propelled by vision and values. Their leaders and followers are equally committed to pushing the frontiers of knowledge, industry, and technological advancement. They invest in strong institutions, not just personalities. They cultivate a culture where leaders are held accountable, where no one—no matter how exalted—is above the law. Here, governance is not a game of impunity, and deviations from the norm are not the rule but the rare exception.

But this is not the case everywhere. In our clime, leadership is seldom moored to the raft of values or principles. Here, power is not a sacred trust but a transactional conquest, a prize wrested through brute force, manipulation, and patronage. Our leaders, numb to the nobler virtues of the human experience such as empathy and integrity, possess hides as thick as the crust of the earth. The suffering of the people is but a distant murmur beneath their gilded corridors of excess. Their lifeblood seems to be nourished not by the well-being of their citizens but by the very despair they inflict upon them.

The inescapable reality is that many bulldozed and bribed their way into office, owing allegiance not to the electorate but to the godfathers and power brokers who anointed them. Public service, in theory, is a calling to advance the common good; in practice, it has become a feast for the voracious, where the spoils of governance are devoured in a grotesque carnival of self-interest. The notion of legacy, of leaving an indelible mark of honour and service, is but a fleeting whisper, drowned out by the clinking of ill-gotten wealth. Rather than uplift society, they squander goodwill for fleeting material gain, trampling collective aspirations in their ruthless ascent. They are the new weasels gnawing at the granary of national consciousness, eroding progress with unchecked impunity.

And what of the followers? They are no less complicit in this theatre of dysfunction. Conditioned by decades of subjugation, they have lost the will to demand accountability, choosing instead to genuflect at the altars of their tormentors. Offer them the stale husks of stolen wealth, the dregs of corrupt patronage, and they will trade their voices, their futures, even their very souls. Theirs is the plight of a people ensnared in the iron grip of Stockholm Syndrome, enamoured with their oppressors, bewitched into revering those who milk them dry.

Nowhere is this grotesque spectacle more vividly on display than in the recent implosion between the Minister of the FCT, Nyesom Wike and his erstwhile Political Godson, the suspended Governor of Rivers State, Siminalayi Fubara. Once Allies, bound by the invisible cords of patronage, their unraveling epitomises the grim nature of power in our land. The anointed, once thought to be a puppet, finds himself entangled in the brutal reckoning of his benefactor’s ambitions. In a land where loyalty is a commodity, where powerbrokers play kingmakers and discard their creations at will, democratic principles are but a façade—discarded when inconvenient, weaponised when expedient.

It is only the wretched of the earth who foolishly court the tiger in its lair, expecting it to be satiated with mere scraps. It is only in this dysfunctional polity that individuals, rather than institutions, wield supreme power—where a man’s whims can override the dictates of governance, where personal fiefdoms masquerade as Democracies. This is the ugly truth of our national existence: a place where strongmen, rather than strong institutions, dictate the rhythm of our collective dance, a grotesque waltz of power, patronage, and peril.

And so, the cycle continues—Democracy suspended, not for the good of the people, but for the ambitions of the few. What else should we expect from a system designed to perpetuate dysfunction, where reform is but a whispered promise, perpetually deferred?

Frederick Douglass was undeniably right when he declared, “Power concedes nothing without a demand; it never has and never will.” History has repeatedly shown that the powerful do not relinquish their grip out of goodwill but only when confronted with unwavering resistance. Until the collective awakens to this fundamental truth, they will remain the toiling hands that cultivate abundance for the privileged few—who, in turn, will trample over them with impunity, unchallenged and unchecked.

Nations Don't Run on Autopilot
Roses with Oroso
29-Mar-2025

Zenith Bank rakes in N1.3trn PBT in Year Ended December 2024

Zenith Bank Plc has recorded N1.3trn profit before Tax for the Year Ended December 31, 2024.

The Bank, in its 2024 Audited Financial Results, revealed this in a Corporate Disclosure sent to Nigerian Exchange Limited.

It said the Bank’s performance represented 67 per cent Growth, compared with N796bn it achieved in same period of 2023.

The Bank also posted a Double-Digit Year-on-Year Growth of 86 per cent in gross earnings, increasing from N2.13trn in 2023 to N3.97trn in 2024.

This Growth was driven by a 138 per cent increase in Interest Income, supported by Investment in High-Yield Government Securities, and Growth in the Bank’s Loan Book.

The performance was driven by a combination of Top-Line Expansion and efficient Treasury Portfolio Management.

The Bank’s Net Interest Income increased by 135 per cent from N736bn in 2023 to N1.7trn.

The Non-Interest Income also grew by 20 per cent from N919bn to N1.1trn.

The Bank’s Total Assets grew by 47 per cent from N20trn in 2023 to N30trn in 2024, while Customer Deposits surged by 45 per cent from N15trn to N22trn in 2024.

Return on Average Equity (ROAE) declined to 32.5 per cent, while Return on Average Assets (ROAA) remained unchanged at 4.1 per cent.

Zenith Bank’s Cost-to-Income increased slightly from 36.1 per cent to 38.9 per cent.

Its Non-Performing Loan Ratio stood at 4.7 per cent, with a Coverage Ratio of 223 per cent.

Commenting on the Results, Adaora Umeoji, Group Managing Director and Chief Executive Officer said, “This year’s Performance underscores our unwavering commitment to Innovation and Customer-Centric Solutions.

“We will also remain focused on deepening Financial Inclusion, enhancing Service Delivery, and creating Value for our Customers and Stakeholders.”

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Zenith Bank rakes in N1.3trn PBT in Year Ended December 2024
Economy
29-Mar-2025

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