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votes and Gboyega Oyetola of the ruling All Progressives Congress (APC) who came second. That the margin is small makes the exercise of today very dicey. A politician I discussed with on Monday said he would win were he to be either the PDP or the APC candidate and I asked him how. He said he would simply treat the 3,498 voters as ‘super delegates’ with N200,000 allocated for each. The man broke it down for me. If he were Adeleke, with an ‘extra’ 353 votes already in the kitty he explained, he would need no more than 1600 ballots even if everybody on the voters register turned up. With that, all the ‘logistics’ he would mobilise and deploy is just about N320 million. If he were Oyetola, he would need about 1900 votes so that would cost him about N380 million. Either way, we are still talking of about a million dollars which is small potato to our politicians when it comes to gaming elections at that level. While I join in commending INEC for improving on many areas last weekend, I hope the commission will insist on the policy of no camera inside the polling booth which ensured hello kitty y2k aesthetic
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on the prevailing order in that state: a vote against non-payment of salaries, and pensions, and a comment on the arrogance of the APC elite” wrote Abati and I completely agree. The bulk of the votes Adeleke got came from people who were out to punish a government that owe its workers several months in salaries. Whatever may be the final outcome at the end of today, it is safe to conclude that majority of Osun electorate want a change and anyone, including someone with F9 in English but distinction in dancing, would do, simply because they do not want to reward bad behaviour. There are also APC faithfuls who may be protesting the imposition of the gubernatorial candidate by the party lords. Adeleke benefitted from both, even when it is difficult to ascertain his capacity for managing a state that is already heavily indebted. But let us go back to the political hubris. When in July last year, Ademola Adeleke won the Osun West Senatorial bye-election to replace his late brother, Isiaka, it should have dawned on Aregbesola that he miscalculated. It should also have taught the APC leaders some lessons for the future but they were apparently too hello kitty wallpaper 4k
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parties and likely successors are either their cousin or brother in-law. A few of them that do not care about bloodlines are promoting known lackeys. But the problem is not restricted to the North; afterall, in Imo State, Rochas Okorocha is desperate to enthrone his son-in-law as his successor while the Osun APC problem started with someone wanting his cousin as the next governor. Anybody who has followed the argument within the ruling APC on what to adopt between direct and indirect primaries will see how difficult it is to enthrone democracy in our country. At the end, the governors and the godfathers chose the one they think will produce desired outcome. Even those canvassing direct primaries know what they are doing; after all, they determine who the party members that can vote are since no political party in Nigeria has a credible register. With that, the people have already been rigged out because, in many of these states come February next year, the electorate may be left with no more than a choice between maggot-infested apples and rotten oranges. Last week, I started a series on the relevance of a manageable number of issues-based political parties to the development.
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with Zenith Bank. Without doubt, ‘Africa Rise and Shine’ is a most revealing book. Divided into 30 chapters which explored the gamble, the sacrifices and the expertise that combined to make Zenith Bank what it is today, notable players in both the corporate world and the media like Richard Branson of Virgin Group, Aliko Dangote of Dangote Group, David Applefield of Financial Times, Dominic Barton of McKinsey and Matt Lilley of Prudent Africa added their insightful blurbs. Though initially inspired by an Africa Forbes magazine cover story, “Why $825 Million Means Nothing to Me – Jim Ovia: The Godfather of Banking,” which sold out within days of publication, Ovia said the moment he began writing the book, his determination was to respond to some negative stereotypes by illustrating the untold story of the positive vibes in Africa – a continent of abundant human and natural resources that is also brimming with immense and diverse investment opportunities. And to a large extent, he delivered. While ‘Africa Rise and Shine’ sheds light on the principles and practices that brought Ovia to fame and fortunes, the author also sought to provide insight, not just for bankers, but for other young African professionals on.
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take calculated risks both of which were evident in the Ovia story. On the former, instinct may have fired Ovia’s interest in computer at a time it was not so popular but there was also a desire to prepare ahead for what he saw as the next big break. Armed with a first degree in Business Administration in 1977 and an MBA two years later from the University of Louisiana in Monroe, Ovia upon return to Nigeria combined his mandatory National Youth Service Scheme (NYSC) primary assignment with a second job, which entailed writing feasibility reports for manufacturing companies. After his NYSC in 1980, he joined the International Merchant Bank (IMB), a subsidiary of First International Bank of Chicago as a financial analyst. Again, while there, according to Ovia, he received “excellent training from very experienced bankers.” Knowledgeable about banking techniques and capitalising on the collapse of oil prices in 1980s, which led to the implementation of Structural Adjustment Program (SAP) in 1986, a measure designed to restore the Nigerian economy by extending opportunities to the private sector through commercialising or privatising previously regulated industries, Ovia toyed with the idea of applying to acquire a banking license. “When I learned.
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the CBN team that he was aware of the rule, but insisted that he had gained superior banking experience at global institutions like IMB, FNBC’s subsidiary in Nigeria and Merchant Bank of Africa, a Bank of America subsidiary, and that he had everything it took to run a successful bank. “In the end, the CBN directors issued their approval to the Minister of Finance, recommending that I be granted my application to become the pioneer CEO of the new Zenith Bank,” he recalled. This is instructive because, according to Ovia, “of the twenty-five CEO applicants that CBN recommended to the Minister of Finance, only three in addition to myself had just ten years of experience. After that, they imposed a mandatory requirement of twenty years’ experience, and that rule is still in effect today. If I hadn’t negotiated as I did, I would have been forced to wait many years to make my applications.” Reading through ‘Africa Rise and Shine’, Ovia’s zeal to create a first-class bank was evident in all the growth stages of Zenith Bank. That zeal saw him through the licensing stage, commencement of operations, introduction of innovative banking systems, as well as in the aggressive growth.
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marked a real high point for the little Fiesta, so can Ford make things a little better with a bit of nip and tuck? We’ve been finding out. What’s new?
Ford has repositioned its Blue Oval badge into the grille. (Ford)
This is very much an update, rather than a ground-up rebirth. So rather than rewriting the Fiesta rule book, Ford has instead made some annotations, highlighted some paragraphs in need of re-writing and given it a more appealing cover. It’s why the exterior is a little sharper than before (and you might have noticed the Ford badge migrating into the Fiesta’s grille) while inside there has been a boost in technology, similar to that used on the Puma. We’ve also got a slight tweak to the engine – more on that later – while there’s a new ‘Mean Green’ colour, which has also made an appearance on the Puma. The elephant in the room? Ford isn’t taking orders for the Fiesta due ‘demand and supply chain disruption’. However, that’s not saying that it’s cancelled from now on, so you’ll still be able to get your hands on one at some point when production woes are.
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latest generation, though the repositioning of that famous Blue Oval is quite a substantial move. Naturally, looks are completely down to the individual, but having the badge positioned in the grille appears a bit odd to our eyes. There wasn’t anything wrong with where it was before, in truth. A change for change’s sake? Perhaps. The rear of the car features redesigned lights which are sharper and more eye-catching than before. The compact dual-exit exhaust remains, too. Our car was finished in that ‘Mean Green’ paint as well, and it certainly got a lot of heads turning. What’s it like inside?
A new digital instrument cluster improves the ST’s cabin further. (Ford)
Going to town with ultra-luxurious materials or rare metals was never the ST’s jam, so it’s no surprise to see this latest model combining hard-wearing plastics with rubberised finishers successfully. That’s not to say it feels low-rent in the car – far from it – while the ergonomics feel very good. You can get the driver’s seat nice and low while the steering wheel – though overly chunky for our hands – has plenty of adjustment. There’s no penalty in terms of boot size.
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