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GEJ vs GMB: Winner is… The Cable’s Verdict

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Predicting the outcome of an election has never been this difficult.  The reason, according to The Cable is not too complex though: this is the first time since 1999 that the opposition party has gathered enormous momentum going into an election.

What’s more: there seems to be a blossoming coalition between Muhammadu Buhari and the south.

All you need do is look at the crowds and supporters at his rallies in the south, compared to the years gone by.

However, no one dare rules out an incumbent president in a developing country, so President Goodluck Jonathan should not be considered down and out.

The Cable said that but he has had a lot of negative publicity in his first term — which puts him at a disadvantage, at least with many people.

The election is a referendum on his government, not on Buhari’s regime of three decades ago. There are good reasons for Buhari to be hopeful that he would win.

And there are good reasons for Jonathan to believe that he too would win. We try to highlight each candidate’s hopes.

The Cable taps Buhari to win based on five factors:
Bigger Base

In 2003, 2007 and 2011, Buhari was essentially a northern candidate with little support in the south. But he was clearly the darling of the “core north” and not the middle belt.
Either as candidate of the All Nigeria Peoples Party (ANPP) or the Congress for Progressive Change (CPC), Buhari never had any impact in the south and most of the middle belt.
Today, as candidate of the bigger All Progressives Congress (APC) — which has swallowed ANPP and CPC, in addition to the south-west party, Action Congress of Nigeria (ACN) — Buhari has a bigger and broader base.
He never won 25% in any southern state before; this time, expect him to hit that threshold in all southern states, except perhaps Bayelsa.

Bigger Purse
The formation of APC has not only given Buhari a bigger national platform, his war chest is now heavier.
In the past, his finances were highly limited. He could not afford all the necessary logistics, such as buying enough campaign vehicles and maintaining them. He could not afford expensive media advertising.
His supporters often taxed themselves to make expenses on his behalf. In 2015, the story has changed.
Buhari is all over the newspapers, radio, TV and the Internet. He has a deep pocket courtesy of the support of governors such as Rotimi Amaechi and Aliyu Wamakko as well as wealthy Nigerians like Bola Tinubu and former vice-president, Atiku Abubakar.
Buhari, from struggling to fuel his campaign vehicles long ago, now uses chartered flights.

Bigger Youth Support
Buhari was never the darling of the educated youth population until now. In 2011, Jonathan monopolised the market with his hold on the social media, where the youth are the most active.
Buhari never had a Facebook page or Twitter handle. However, since he won the presidential ticket of his party in December, the story has changed completely. Youths who used to criticise Jonathan regularly on the social media simply moved to Buhari’s camp and, at some stage, drowned out pro-Jonathan voices.
They have also been creative and proactive, criticising every move of Jonathan swiftly and generating a lot of viral messages against the president.

Better Image
Buhari used to be seen as a religious fundamentalist who was bent on Islamising Nigeria. He had also been credited with a couple of statements that seemed to paint him in that light.
Long ago, he reportedly said Muslims should only vote for Muslims — a statement he denied. Last year, he was quoted as blaming Jonathan for the war against Boko Haram, reportedly saying a northerner gave Niger Delta militants but a southerner was instead killing northerners.
All these reports painted him as a northern and Islamic champion. These impressions have since vanished, starting possibly from the moment he was attacked in Kaduna last year by suspected Boko Haram militants.

Critical Issues
For once, the electioneering relegated sectional issues substantially to the background. Gone are the days of “it is our turn” or “Nigeria will be ungovernable if we don’t have it”.
Jonathan, as the sitting president, has been confronted with issues of insecurity and corruption which his opponents have highlighted very well.
Indeed, the message resonates well with many Nigerians who, despite opposing Buhari in the past, are now saying they would rather have him than four more years of Jonathan.
Issues such as the kidnap of Chibok schoolgirls, the alleged $20 billion missing oil money, poor power supply and the menace of Boko Haram are uppermost on their minds. In a sense, the “change” campaign is more of an anti-Jonathan sentiment.

NO, IT’S JONATHAN FOR SURE…
Incumbency Factor
In African politics, or the politics of underdeveloped countries for that matter, incumbents are hard to unseat.
Incumbents have been defeated in some nearby countries — such as Cote d’Ivoire and Senegal — but these deviations are not the rule.
In Nigeria’s history, incumbents have always returned: Tafawa Balewa (1960 and 1964, as prime minister), Shehu Shagari (1979 and 1983) and Olusegun Obasanjo (1999 and 2003).
Their returns were always controversial. So either steal, beg or borrow, Jonathan may use the advantage of incumbency to return to power.
The postponement of the election, for instance, is seen as a demonstration of incumbency power and it is believed that it has allowed Jonathan to re-strategise for victory.

The Nicodemus Factor
Although Buhari is dominating the airwaves, it could well be that those who are working for Jonathan are afraid of being “mobbed” and have decided to support him Nicodemusly (that means “secretly”, in case you are not familiar with the Bible story).
In some parts of the country, those known to be supporting Jonathan have been attacked in the past.
People lost their lives and property in 2011 for supporting Jonathan. There are various reports, mostly unconfirmed, that the northern elite are not well disposed to Buhari because of fear of vengeance.
Some traditional rulers are also thought to be apprehensive about a scarcity of goodies under an anti-corruption icon like Buhari.

Southern/Middle Belt emotion
Although Buhari now has a larger and broader base, there are those who will not vote for him simply because they think the north has a “born to rule” mentality.
No matter their misgivings with a Jonathan government, they will be happy not to have another northerner as president “so soon”.
Some southerners still refer to the past when the north ruled Nigeria from 1960 to 1999, minus the four combined years of Obasanjo and Ernest Shonekan.
This sentiment is still strong in some areas in the south, where some socio-cultural groups and elders are still talking about the “northern oligarchy”. The minorities in the north, meanwhile, seem to identify with the south in this aspect.

Stomach Infrastructure
There is a language that is often spoken among Nigerians voters: stomach infrastructure. A bag of rice, a bottle of vegetable oil, a bundle of clothing or a few wads of naira could win their votes.
It is a common factor in places where they do not have any serious interest in the candidates. When it comes to stomach infrastructure, then, Jonathan has a bigger storehouse than Buhari.
Although Buhari has a deeper pocket this time around, his funders also have other battles they are waging.
For instance, Tinubu and Amaechi are battling to install their governorship candidates, making the presidential election a bit of a distraction.
More so, the postponement of the election appears to have depleted opposition’s resources, while PDP’s pocket seems bottomless.

South-west? Which south-west?
Buhari’s hope of unseating Jonathan seems to rest so much on the belief that the APC is in control of the south-west.
Having scored 10 million votes less than Jonathan in 2011, the Buhari camp seemed to have finally accepted the fact that he needs southern votes to become president.
Since 2003. he had consistently won 12 million votes in the north without much presence in the south.
Nevertheless, the south-west may not be there for the taking in 2015. Out of the six states, Ondo and Ekiti are controlled by PDP governors.
Then Oyo and Ogun are very shaky for APC, with the ascendancy of pro-Jonathan politicians in those states and the fracturing of the opposition’s structure.
Meanwhile, Lagos and Osun should be seriously contested from all indications.


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Climate Action Africa Opens Applications for CAAF24 Deal Room

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Climate Action Africa (CAA), a leading advocate for climate resilience and sustainable development, has announced the opening of applications for the Deal Room at the 2024 Climate Action Africa Forum (CAAF24). The Deal Room is a groundbreaking platform that aims to connect high-impact climate innovators in Africa with potential investors seeking to accelerate sustainable solutions.

The CAAF Deal Room is a strategic initiative that aims to create opportunities for innovators in the climate-tech domain focusing on emission reduction, energy, agriculture, transportation, circular economy, and building and construction.

The goal of the Deal Room is to select finalists who will have the opportunity to pitch their innovative ideas and solutions at the upcoming 2024 Climate Action Africa Forum, which will be held on June 19th in Lagos, Nigeria.

The Deal Room aims to boost investments in Africa’s green economy by galvanising a community of innovators, entrepreneurs, and investors to create applicable solutions that can mitigate the challenges of climate change on the African continent.

The Deal Room session will facilitate financing for solutions contributing to the growth and sustainability of Africa’s green economy. These deals may encompass prize money, equity plans, debt financing, mergers and acquisitions, and other investment options.

“Through the CAAF24 Deal Room, we aim to bridge the critical gap between promising climate ventures and the essential resources they need to thrive,” says Grace Oluchi Mbah, Co-founder and Executive Director of Climate Action Africa (CAA). “By facilitating connections between passionate entrepreneurs and dedicated investors, we can collectively unlock the immense potential of climate solutions in Africa.”

The eligibility criteria for applying include:

●     The company must be African-owned and operate in any of the 54 African countries.

●     It must be a for-profit company, between 1-5 years post-incorporation, post-MVP (minimum viable product), and post-GTM (go-to-market).

●     The company should leverage digital technology to deliver its business model.

●     Female ownership is an added advantage.

 Those eligible to apply include venture capitalists, impact investors, climate tech startups, Green SMEs (small and medium-sized enterprises), philanthropic organisations, and government representatives.

Following the CAAF24 deal-room will be a post-event accelerator in partnership with the Silicon Valley-based Founder Institute and IDEA Africa. This Africa-wide initiative is specifically designed to further accelerate and enhance support for promising Climate Tech startups and founders who participated in the Deal Room.

The official unveiling of this accelerator will take place at the Climate Action Africa Forum 2024 (CAAF24), marking a significant step forward in driving Climate Tech innovations throughout Africa.

Applications for the CAAF24 Deal Room are open from April 22nd until May 17th. Interested applicants can register at https://deal.caaf.africa/register.


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LCCI Urges FG to Simplify Trade Procedures to Boost Economy

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The Lagos Chamber of Commerce and Industry (LCCI) has said that the government needs to simplify and harmonize trade procedures and address bottlenecks in order to boost economic growth in the country.

President of LCCI, Mr. Gabriel Idahosa, gave the charge at a Quarterly media briefing on the State of the Economy yesterday in Lagos.

He said that the government has to create an atmosphere that promotes export growth and competitiveness, which is projected to boost export earnings, raise domestic revenue, improve citizens’ welfare, and increase business productivity.

“We recommend that reforms must include simplifying and harmonizing trade procedures as well as addressing bottlenecks such as port logistics, congestion, and transportation costs. This is expected to position the country as the commercial centre of the region and a springboard into regional value chains,” he stated.

On managing the persistent high inflation, the LCCI president said both monetary and fiscal authorities should focus on the factors driving the inflation rates by tackling the supply-side deficiencies instead of focusing too much attention on the demand-side management.

“We urge the Central Bank of Nigeria (CBN) to continue with its foreign exchange (forex) market reforms with intense discipline, as the high exchange rate against the naira is a major driver of the skyrocketing inflation rates.”

Idahosa acknowledged the improvement in the naira exchange rate in the last few days, moving towards the level of N1000 per dollar or lower.

“CBN needs to sustain its policy and regulatory reforms in the FX market, adopt policies that would attract more FX inflow into the economy as well as build market confidence in the performance of the FX market,” he added.

 


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Dufil Takes Donation of Indomie Noodles Cartons to Vulnerable Communities in Abuja and Environ

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In line with its commitment to provide critical support to indigent members of communities around the country in the face of the ongoing economic challenges, Dufil Prima Foods Limited, makers of Indomie Instant Noodles, in partnership with Golan Helps Abuja Food Bank Initiative (GHAFBI) and Meluibe Foundation on Wednesday, April 17 distributed Indomie noodles cartons to vulnerable communities in Kuje and Kubwa Local Government Areas in Abuja.

With the goal of alleviating hunger and supporting communities across Nigeria, Indomie Instant Noodles has committed to donating a substantial quantity of noodle packs to various NGOs working tirelessly to address food insecurity.

These organizations play a crucial role in reaching remote and underserved areas, ensuring that nutritious meals reach those who need them most.

“We are deeply committed to making a positive impact in the communities where we operate,” said Olusola Olayinka Idowu OON, former Permanent Secretary, Budget and National Planning, and the CEO/Founder of GHAFBI.

“At GHAFBI, we believe that everyone deserves access to wholesome and nourishing food. Our partnership with Dufil Prima Foods to donate Indomie Noodles packs is a big step towards addressing food insecurity and supporting vulnerable communities in Abuja”, said Idowu who was also the former National Conveyor, UN Food System Dialogues in Nigeria.

Speaking in the same vein, Obialunanma Nnaobi-Ayodele, Executive Director, The Meluibe Empowerment Foundation, expressed her gratitude to Indomie Noodles for the partnership. “Our vision as an NGO is to change the world one step at a time, by providing relief and support to vulnerable communities.

This is achieved through collaborations and partnerships, one of which is what we have done with Indomie Noodles. We remain grateful for their support through this food relief initiative”, she said.

By partnering with NGOs, Indomie Instant Noodles works closely with local leaders and community heads in directly engaging with rural communities to distribute noodle packs and provide immediate relief to families facing hunger and ensuring that food assistance reaches those who are most in need, especially in hard-to-reach areas.

“We are grateful for the opportunity to collaborate with NGOs and community leaders to make a meaningful difference in the lives of people facing food insecurity”, said Temitope Ashiwaju, Group Corporate Communications and Events Manager, Dufil Prima Foods Limited. “Together, we bring hope, love and relief for all”.

The community leaders and some of the beneficiaries also expressed their immense gratitude to Indomie for the support, stressing the impact the products donated will have in alleviating hunger in their communities.

Speaking at the outreach centre, His Royal Highness, Muhammed D. Jibril, Community Leader of Gbazango Community in Kubwa Local Government Area said: “I am very grateful to Indomie Noodles for coming to our aid in these challenging times. I pray for more expansion and growth for the business and may God bless Indomie Noodles”.

Other communities who benefited from the product donations include Wunmi, Tondo, Godoji and Shazhi communities in Kuje Area Council of Abuja.

Dufil Prima Food’s donation of Indomie Noodle packs underscores its commitment to corporate social responsibility and its dedication to supporting communities in need. By providing essential food relief, Dufil Prima Foods is contributing to the well-being and resilience of vulnerable populations in Nigeria.

Indomie Instant Noodles remains dedicated to bringing joy to mealtimes and making a positive impact in communities around the world.


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