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Osinbajo: The Travails of a Sitting Vice President

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By Eric Elezuo

Much as Prof. Yemi Osinbajo, the pastor-Vice President and his team try to hide it, it is obvious, as observers have noted that this is not the best of times for the legal luminary, who was against all odds, chosen to be President Muhammadu Buhari’s running mate in the run off to the 2015 Presidential election.

As presented to the average onlooker, things appeared to have gone down well as the rappour between the Vice President and his principal was classic, necessitating the Vice President to describe Buhari ‘like a father to him’. The President’s men have never hesitated to transmute power properly to the Vice president each time there is a reason for the President to be away from duty. In fact, between 2016 and 2017, Osinbajo assumed the exalted position of Acting President when Buhari was in and out of the hospital. This was for a whopping 150 days cumulatively. Within this period, Osinbajo took far reaching decisions that changed game plan, and surprisingly achieved results that endeared him in the hearts of not a few Nigerians.

Most of his far reaching policy decisions included ordering the Central Bank of Nigeria to pump in more foreign currency into the money market, thereby helping to douse the biting recession the country went into, albeit unnecessarily. Again, Osinbajo was instrumental in wielding the big stick leading to the sacking of the Director-General of the Department of State Services (DSS), Mr. Lawal Daura in August 2018; a man who hails from the same area as President Buhari. Daura’s men in hoods had invaded the National Assembly; an action that was intolerable to democratic principles. Many had believed that the super spy was untouchable. But Osinbajo did the unexpected though desirable. Daura was booted out of office and replaced by Mr. Matthew Seiyefa from the Niger Delta (South South) region. Mr. Seiyefa was unceremoniously removed and retired immediately Buhari stepped foot back into the country.

Not standing for injustice, he saw to the confirmation of Justice Walter Onnoghen as the Chief Justice of Nigeria after the retirement of his predecessor. It is worthy of note that every action taken then, save for the economic decision that took the country out of recession, has been revoked, or persons involved sacked, retired or both.

The actions of the Vice President have not only been thwarted, but stakeholders believed that it has turned around, many months after, to hunt the number two citizen.

Penultimate Tuesday, the nation woke to the news that the Osinbajo-led Economic Management Team, has been disbanded, and in its stead is the Prof Doyin Salami-led Economic Advisory Council with Prof. Charles Soludo, Bismark Rewane and others as members. This committee draws its mandate straight from the President and reports directly to him. Other members are Dr Mohammed Sagagi (vice-chairman); Prof Ode Ojowu; Dr Shehu Yahaya; Dr Iyabo Masha; and  Dr Mohammed Adaya Salisu (secretary).

A presidential spokesperson, in defence, said the change was made to bring “a new energy to refocus government to revamp the economy”. However, in other quarters, it was said that the vice president was underperforming, and that necessitated the sudden hammer.

But before that could die down, Buhari followed it up with an order mandating the Vice President to desist from direct supervision of all agencies under him. All instruction must henceforth pass through the President. The VP was once more stripped of his oversight functions; two of the major constitutional functions he performs. The VP’s office however, denied the issue as false. The VP may just be saddled with the responsibility of chairing the National Economic Council (NEC).

Some of these agencies which Osinbajo oversees are the National Emergency Management Agency; the National Boundary Commission; the Border Communities Development Agency, NEMA and the Niger Delta Power Holding Company.

Presidential source, which craves anonymity confirmed to the Boss that there may be plans on the way to further strip the VP of some of his initiatives such as the Social Investment Programme which comprises the Trader Moni initiative, N-Power, school feeding programme.

“Why do you think the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development headed by Sadiya Umar, was created. Osinbajo’s welfare programmes will soon be fused into the ministry, and then, he will go back to the markets to distribute money again.

“I may not know what preempted the sudden attacks on the VP but I can say that it is capable of ending his stewardship in the Buhari administration,” the source said.

Unconfirmed reports have suggested however, that some prominent South West sons are being pencilled down to replace Osinbajo in the case of eventual resignation or impeachment.

However, facts emerging from various sources have not faulted intimidation of the VP as reason for the ‘witch hunt’. It hinted that the cabal in Aso Rock is bent on rubbishing Mr. Vice President for his decisions, and how he came about them. A source posited that one of such decision was the sacking of Daura. It said that the vice President had ‘blackmailed’ the cabal with resignation if he was not allowed to fire Daura. Recall that the resignation of the Vice President at the time (Buhari was away and terribly sick) would have created room for the then Senate President, Dr. Bukola Saraki, to smell the Presidency, even in acting capacity. And that was one risk the cabal would never take. And so they gave in to Osinbajo’s demand, allowed him to fire Daura, and waited patiently for pay day.

The story of Onnoghen also added another twist to the problems bedeviling the VP. Another source had said that it was never in the agenda of the Buhari administration to appoint or confirm the ousted CJN, the recommendation of the Nigeria Judicial Council notwithstanding. That, according to the source, made the government swear him in on acting capacity even as he was the most senior Justice of the Supreme Court. Without much ado, Osinbajo as Acting President had forwarded Onnoghen’s name to the Senate for confirmation in February on the dot of the three months period allowed for acting, and swore him as substantive CJN a month later. This was an action the President refused to perform despite public clamour. The cabal took note, and waited.

It was obvious the VP was kept in the dark prior to the trial of Onnoghen, and his attempt to defend the President as not being aware was punctuated by the suspension handed down by the President himself even as the trial was yet to be concluded.

Buhari had justified his action, saying that “Although the allegations in the petition are grievous enough in themselves, the security agencies have since then traced other suspicious transactions running into millions of dollars to the CJN’s personal accounts, all undeclared or improperly declared as required by law.”

Quoting a source, The Punch wrote, “The VP underestimated the level of vindictiveness some of these people have towards him.

“They accused Osinbajo of sidelining them when he took critical decisions during Buhari’s medical leave. If you remember, there was a lot of drama surrounding the confirmation hearing of (Walter) Onoghen and the removal of Daura.

“They were also not happy about the issue of the presidential panel on recovery of public assets. Obono-Obla developed a life of his own in handling the assignment given to him. They thought the VP was supposed to have checked him.”

But the Vice President is still carrying on as if nothing happened. He boldly posted on his twitter account of how he chaired the meeting of the NEC on Wednesday. This is as most of his personal aides have been redeployed out of the Villa, to ministries and parastatals. It is believed there’s a grand design to make the VP irrelevant.

The Office of the Vice-President has however, insisted that governance was not affected in any way by Monday’s scrapping of the Economic Management Team by President Muhammadu Buhari.

Most respondents to The Boss opinion poll said nothing has gone wrong as the Vice President still performs his constitutional role. Some believe some people are trying to create a rift between the Vice-President and his principal.

The newly created EAC will advise the President on economic policy matters, including fiscal analysis, economic growth and a range of internal and global economic issues working with the relevant cabinet members and heads of monetary and fiscal agencies.

Again, it will have monthly technical sessions as well as scheduled quarterly meetings with the President. The Chairman may, however, request for unscheduled meetings if the need arises.

The Special Adviser to the President on Media and Publicity, Femi Adesina, has dismissed the controversy arising from the disbandment of Osinbajo’s team and many other issues as unnecessary, saying the presidency remains one. He hinted that the presidency has no plans to remove the Social Investment Programme from Osinbajo’s control.

“Nothing out of the ordinary is going on. Governance continues and the Presidency remains one. And this Presidency just wants to do what’s best for Nigeria,” he said.

He lambasted some Nigerians for trying to create another meaning to the issue on the ground and create enmity the President and the Vice-President.

But the Yoruba socio-cultural group, Afenifere, believes Vice-President Yemi Osinbajo’s office has been rendered useless, impotent and irrelevant though it cautions against hasty decision.

“For now we will not jump into any premature conclusion that this is about 2023 alone. We will need to know if we will need more information to know whether it is political or whether there was abuse of office or process.

“But the barrage of the last 48 hours shows that there is something wrong. We will wait to have all the facts because we don’t want to say a Yoruba man is being attacked.

“They may have had a justifiable reason to do so. But we are taking note of every development and at the appropriate time, we will make our position known. But clearly, what has happened is that the VP’s office has been rendered impotent, useless and irrelevant,” the group said.

The Nigeria Vice President is empowered by the Constitution to participate in all cabinet meetings and, by statute, membership of the National Security Council, the National Defence Council, Federal Executive Council, and the Chairman of National Economic Council.

His other duties are as determined by the President. Going by how vice presidents are chosen in Nigeria, it is not surprising that most of them are not given juicy functions. They sit and wait upon the whims and caprices of Mr. President. The selection of the vice presidential running mates most of the time are by arrangement, with or without the presidential candidate’s express permission, and Osinbajo was no exception. His emergence was a product of the alliance of three parties the CPC, ACN, and ANPP with a minute fraction of APGA led former Imo State Governor, Rochas Okorocha.

Political watchers are of the opinion that if Buhari was in need of a vice president, it would definitely not be an Osibanjo. Many had believed that former President Goodluck Jonathan is the typical example of a badly treated vice president, but Osinbajo is fast overtaking the trend.

It must not be forgotten that only last month, Buhari had instructed that all ministerial authorities be channeled through his Chief of Staff, Abba Kyari, for approval just as issues concerning the Federal Executive Council were also instructed to go through the Secretary to the Government of the Federation, Boss Mustapha. Observers have questioned ‘wherein lies the vice president in all these.

Osinbajo, according to a respondent, may just have to make do with sharing tradermoni for now, attending condolence visits and enjoying the pleasures that come with being a VP while it lasts. And only God knows how soon it will last.

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Senate Approves Tinubu’s ₦1.77trn Loan Request

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The Senate has granted approval to the ₦1.77 trillion ($2.2b) loan request of President Bola Tinubu after a voice vote in favor of the request.

The Senate presided by Deputy Senate President, Barau Jibrin, approved the loan after the Senate Committee on Local and Foreign Debts chaired by Senator Wammako Magatarkada (APC, Sokoto North) presented the report of the committee.

The request which was submitted by the President on Tuesday is part of a fresh external borrowing plan to partially finance the N9.7 trillion budget deficit for the 2024 fiscal year.

Tinubu had on Tuesday written to the National Assembly, seeking approval of a fresh N1.767 trillion, the equivalent of $2.209 billion as a new external borrowing plan in the 2024 Appropriation Act.

The fresh loan is expected to stretch the amount spent on debt servicing by the Federal Government. The Central Bank of Nigeria recently said that it cost the Federal Government $3.58 billion to service foreign debt in the first nine months of 2024.

The CBN report on international payment statistics showed that the amount represents a 39.77 per cent increase from the $2.56bn spent during the same period in 2023.

According to the report, while the highest monthly debt servicing payment in 2024 occurred in May, amounting to $854.37m, the highest monthly expenditure in 2023 was $641.70m, recorded in July.

The trend in foreign debt servicing by the CBN highlights the rising cost of debt obligations by Nigeria.

Further breakdown of international debt figures showed that in January 2024, debt servicing costs surged by 398.89 per cent, rising to $560.52m from $112.35m in January 2023. February, however, saw a slight decline of 1.84 per cent, with payments reducing from $288.54m in 2023 to $283.22m in 2024.

March recorded a 31.04 per cent drop in payments, falling to $276.17m from $400.47m in the same period last year. April saw a significant rise of 131.77 per cent, with $215.20m paid in 2024 compared to $92.85m in 2023.

The highest debt servicing payment occurred in May 2024, when $854.37m was spent, reflecting a 286.52 per cent increase compared to $221.05m in May 2023. June, on the other hand, saw a 6.51 per cent decline, with $50.82m paid in 2024, down from $54.36m in 2023.

July 2024 recorded a 15.48 per cent reduction, with payments dropping to $542.50m from $641.70m in July 2023. In August, there was another decline of 9.69 per cent, as $279.95m was paid compared to $309.96m in 2023. However, September 2024 saw a 17.49 per cent increase, with payments rising to $515.81m from $439.06m in the same month last year.

Given rising exchange rates, the data raises concerns about the growing pressure of Nigeria’s foreign debt obligations.

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Simon Ekpa Arrested, Sent to Prison on Terrorist Propaganda Charges

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Self acclaimed leader of the Indigenous People of Biafra (IPOB), Simon Ekpa, has been arrested by law enforcement in Finland.

The BBC reports that Ekpa was subsequently sent to prison by the district court of Päijät-Häme for “spreading terrorist propaganda on social media”.

Ekpa was said to have committed the crime in 2021 in Lahti municipality.

The Finnish National Bureau of Investigation (NBI) also arrested four other men over alleged terrorist offences.

A citizen of Finland and Nigeria, Ekpa has described himself as leader of the separatist IPOB group since Nnamdi Kanu’s incarceration.

Finnish police say Ekpa’s activities and social media rhetoric may have fanned the flames of violence in the south-east of Nigeria.

“He carries out these activities from his social media channels, for example,” said Otto Hiltunen, detective chief inspector of the NBI.

In February 2023,  Ekpa was arrested by police at his residence in Lahti but was released after hours of questioning.

Using his social media channels, Ekpa had directed Igbos not to participate in Nigeria’s 2023 general election.

In September 2021, the Biafra agitator and secessionist denounced Nigeria and vowed to return the medal he won for the country at the 2003 African Junior Athletics Championships.

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Court Sacks MC Oluomo As NURTW National President

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The Court of Appeal has sacked Musiliu Akinsanya aka MC Oluomo as the National President of the National Union of Road Transport Workers (NURTW).

In a ruling that upheld the earlier judgment of the National Industrial Court, the appellate court sacked MC Oluomo and reaffirmed Tajudeen Baruwa as the legitimate leader of the union.

Baruwa had assumed office after a properly conducted election held at the union’s headquarters in Abuja.

The three-member panel of the Appeal Court dismissed the appeal filed by MC Oluomo’s faction, declaring it devoid of merit.

In addition, the court imposed a fine of N100,000 on the appellants, further solidifying Baruwa’s leadership position.

Reports quoting court documents said to have been released on Friday detailed the ruling, which effectively countered any attempts to displace Baruwa from his role as the NURTW president.

The judgment read: “This is an appeal against the judgment/decision of the National Industrial Court Sitting in Abuja, in Suit No. NICN/ABJ/263/2023, delivered on the 11th March, 2024, by Justice O. O. Oyewumi.

“Upon reading the Record of Appeal compiled and transmitted before this court, together with the respective briefs of argument, and after hearing the counsels for the appellants and respondents, it is hereby ordered that:

“This Appeal is devoid of merit, and the same is hereby dismissed.”

The ruling reinforces the legitimacy of Baruwa’s presidency, concluding the legal dispute over the union’s leadership.

Meanwhile, MC Oluomo’s son Idowu Akinsanya (King West) had bragged about his feat of emerging the NURTW president, saying: “We are now in charge of Nigeria, not only Lagos,” a comment that attracted public opprobrium.

MC Oluomo, a diehard supporter of President Bola Tinubu and a prominent figure in Lagos politics, was the sole candidate in the election, which took place at the union’s zonal secretariat in Osogbo. His perceived victory was deemed to carry significant implications for the future of the NURTW and the political landscape of Nigeria.

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