Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain
Imperative of the commission
First of all, I will start by extending our sympathies, that is, of members of the House of Representatives, as well as those of members of our own caucus, over this very deadly crisis that has bedeviled our own section of this dear country. Let me also thank the press for their effort in highlighting the crisis and the security agencies for the very extraordinary sacrifices put in place in order to restore some sanity in our region. For us who are sons of the Northeast, we know our History very well, so we appreciate this gesture and we will not take it lightly. I commend Mr. President for signing the Bill into law. As I said before, this shows the level of the President’s sensitivity to the plight of the highly traumatised people of the North East.
First of all, I will start by extending our sympathies, that is, of members of the House of Representatives, as well as those of members of our own caucus, over this very deadly crisis that has bedeviled our own section of this dear country. Let me also thank the press for their effort in highlighting the crisis and the security agencies for the very extraordinary sacrifices put in place in order to restore some sanity in our region. For us who are sons of the Northeast, we know our History very well, so we appreciate this gesture and we will not take it lightly. I commend Mr. President for signing the Bill into law. As I said before, this shows the level of the President’s sensitivity to the plight of the highly traumatised people of the North East.
From day one when we started meeting our thinking was how do we ensure that whatever policies that is developed by government that is aimed at tackling the millions of challenges facing us as a zone are policies that will survive whoever is formulating them. So it became clear to us that if we leave everything at the level of policies, granted that today we have a president that supports, loves and likes our people, chances are that he will not continue to be there forever. Not even chances, that is the reality.
Has insurgency ended?
As a matter of fact, the heat was becoming very close to our section of the Northeast, if not for the timely intervention that was brought, owing to the change of government in this country, and they were able to put these insurgents on their backtrack. With this progress made, some have said Boko Haram has been degraded, decapitated, some have said that they have even been defeated. But whatever the situation is, the most important thing is for our people to go back to where they belong. And then, for them to get hope in the environment where God has given us, they can continue to contend with destiny of life. That is what is important. The debate shouldn’t be about the degrading and decapitating of Boko Haram, but about the survivors, the IDPs and then rebuilding these communities, hopes that were shattered on account of terrorism.
As a matter of fact, the heat was becoming very close to our section of the Northeast, if not for the timely intervention that was brought, owing to the change of government in this country, and they were able to put these insurgents on their backtrack. With this progress made, some have said Boko Haram has been degraded, decapitated, some have said that they have even been defeated. But whatever the situation is, the most important thing is for our people to go back to where they belong. And then, for them to get hope in the environment where God has given us, they can continue to contend with destiny of life. That is what is important. The debate shouldn’t be about the degrading and decapitating of Boko Haram, but about the survivors, the IDPs and then rebuilding these communities, hopes that were shattered on account of terrorism.
On alleged marginalization of Northeast since the 1960s
As sons and daughters of the Northeast in the House, recently, we’ve been meeting and putting our heads together as true representatives of the zone to see what we can do. As a matter of fact, these signs were there, it’s just that we didn’t notice them on time. It is true that for years in this country, the Northeast has always come last in terms of budgetary allocation. This is in spite of the fact that we face more challenges than others. And when it comes to development indices, we are the last in the country, but we didn’t pay attention. When the population curve was going up sharply and opportunity costs were nose-diving, we didn’t pay attention.
As sons and daughters of the Northeast in the House, recently, we’ve been meeting and putting our heads together as true representatives of the zone to see what we can do. As a matter of fact, these signs were there, it’s just that we didn’t notice them on time. It is true that for years in this country, the Northeast has always come last in terms of budgetary allocation. This is in spite of the fact that we face more challenges than others. And when it comes to development indices, we are the last in the country, but we didn’t pay attention. When the population curve was going up sharply and opportunity costs were nose-diving, we didn’t pay attention.
On whether poverty and deprivation was responsible for insurgency
I don’t know the correlation between violence and poverty, but I’ve seen that in societies where hope is lacking, there always seems to be tendencies of violence. Or where you find extreme poverty, the likelihood of violence is always there. I guess that was where we missed it. So as true believers and representatives of the zone, our focus has always been what is it that we can do so that we build on the successes that this government is gaining in its fight against terrorism? And ultimately, to ensure that we do not have a relapse in that zone, back into this kind of situation in which we find ourselves. Even those zero statistics of human development indices have been destroyed. Businesses, factories, I think as we speak, perhaps the only productive enterprise in the Northeast may be Ashaka Cement. I don’t know if we have any other factory employing people in the Northeast. Infrastructure is zero.
I don’t know the correlation between violence and poverty, but I’ve seen that in societies where hope is lacking, there always seems to be tendencies of violence. Or where you find extreme poverty, the likelihood of violence is always there. I guess that was where we missed it. So as true believers and representatives of the zone, our focus has always been what is it that we can do so that we build on the successes that this government is gaining in its fight against terrorism? And ultimately, to ensure that we do not have a relapse in that zone, back into this kind of situation in which we find ourselves. Even those zero statistics of human development indices have been destroyed. Businesses, factories, I think as we speak, perhaps the only productive enterprise in the Northeast may be Ashaka Cement. I don’t know if we have any other factory employing people in the Northeast. Infrastructure is zero.
On funding of the proposed NEDC
The truth is that the level of devastation as a result of this insurgency is one that is going to take us decades to recover from. If you were to quantify the infrastructure, wealth and everything that we have lost, you’d be talking about trillions, then you can imagine in the national budget, where are we going to get allocation of trillions to the Northeast? Is it within the next ten or twenty years? To recover the things that we have lost will take us decades, not even a few years. So that was why as skillful legislators, we decided that we would go for the NEDC.
The truth is that the level of devastation as a result of this insurgency is one that is going to take us decades to recover from. If you were to quantify the infrastructure, wealth and everything that we have lost, you’d be talking about trillions, then you can imagine in the national budget, where are we going to get allocation of trillions to the Northeast? Is it within the next ten or twenty years? To recover the things that we have lost will take us decades, not even a few years. So that was why as skillful legislators, we decided that we would go for the NEDC.
On whether the NEDC would end up like the Niger Delta Development Commission (NDDC), which many believe, has failed to do deliver on its mandate
Yes, a lot of people thought it was not necessary, some even thought, well, we want to create a system that will be like a pool of prosperity in the desert so that a few privileged sons and daughters of the region will just mismanage the resources. And I know that even the president was watching us before signing this bill into law. But I guess that he saw the plight of the people and that he’s been told of the level of devastation in that region. And since these current efforts are not enough, and may never be enough to address the challenges, if these interventions are left at the level of policies, any subsequent government that comes and doesn’t love our people that much, will just with a stroke of a pen, strike the policy out, and that is the end.
Yes, a lot of people thought it was not necessary, some even thought, well, we want to create a system that will be like a pool of prosperity in the desert so that a few privileged sons and daughters of the region will just mismanage the resources. And I know that even the president was watching us before signing this bill into law. But I guess that he saw the plight of the people and that he’s been told of the level of devastation in that region. And since these current efforts are not enough, and may never be enough to address the challenges, if these interventions are left at the level of policies, any subsequent government that comes and doesn’t love our people that much, will just with a stroke of a pen, strike the policy out, and that is the end.
So the thinking was that if we could elevate this to the level of a law, then any future government that seeks to reverse it would have to face the members of the National Assembly. And because we have a voice, we will continue to have a voice in the National Assembly; it is going to be exceptionally difficult for that to be achieved. So we were making provisions for the long run, not for the short term. As a matter of fact, in some places where I have had to advocate for this commission, I have said the freedom for us to plan for ourselves, to manage the resources accruing to the zone is something, and we should be given that freedom. I should never be understood to be canvassing that we will mismanage resources given to us, but I said even if we do it, and we fail, a free man when he falls blames no one. We will accept the blame that we have been given the liberty and resources, but we mismanaged it, and then we will carry the shame for the rest of our lives. It is better, than to leave this on the level that one day, it may just be thrown to the dogs.
Getting the bill signed by the president
We lobbied members from other zones and fought to get through this process of lawmaking. And at the end of the day, the law was prepared and sent to the executive; obviously they had issues with it. And realizing that time was going and if the President doesn’t sign within 30 days, it means that he has vetoed the legislation. The only other option is to bring it back to the National Assembly and override the veto. But the question was whether we could muster the two-third votes that we need in order to override the veto should that be the case? And we thought it wasn’t wise. So at a point I had to ask that a letter be written to the executive to withdraw the bill so that we can address those concerns that they have. So they brought it, some lawyers were brought from the executive side, I gathered a team of lawyers as well, and I chaired the meeting. We were on this matter for three weeks with a notable son of Borno who is no more in the House, with us.
We lobbied members from other zones and fought to get through this process of lawmaking. And at the end of the day, the law was prepared and sent to the executive; obviously they had issues with it. And realizing that time was going and if the President doesn’t sign within 30 days, it means that he has vetoed the legislation. The only other option is to bring it back to the National Assembly and override the veto. But the question was whether we could muster the two-third votes that we need in order to override the veto should that be the case? And we thought it wasn’t wise. So at a point I had to ask that a letter be written to the executive to withdraw the bill so that we can address those concerns that they have. So they brought it, some lawyers were brought from the executive side, I gathered a team of lawyers as well, and I chaired the meeting. We were on this matter for three weeks with a notable son of Borno who is no more in the House, with us.
But I knew him with accounting during our work as lawyers in Abuja. I had to draft him in too to give a helping hand. At the end of the day, we cleaned up all the misunderstandings, addressed all the issues the executive had, and we sent it back to them. And if that Bill had not been signed on October 25, 2017, I think officially the thirty days would have been elapsing by now. So we should thank God for His intervention, even as we thank the president, and I want us also not to forget the role of the First Lady, her members were here with us. When we had a public hearing on the bill, she personally led wives of governors to come and witness that public hearing. And happily, so many high-ranking stakeholders of the Northeast were there. From all across the states, former governors, former ministers, I’ve never seen this kind of solidarity before. In fact, it was on account of that I now know that this issue of unity in the Northeast is something that is achievable because I saw it. I even noticed that a delegation was sent under the leadership of the Governor of Borno to the National Assembly to thank both the Senate President, the leadership of the National Assembly, not me because I’m the promoter; I should be the one thanking them.
And through all that I saw a lot of emirs from the zone and two governors, from Yobe and Bauchi. So you know that if we can continue to pursue things in the zeal of this unity that I saw, there’s nothing that we cannot achieve. Sincerely, there’s nothing that we cannot achieve, if this unity is possible, then the only reason why we are not seen to be united is because nobody is working on that. With the right leadership, we can be able to unite, and with that unity we can push through so many regional objectives, and they will come to fruition. So that is one thing that is left for us to do. Like I said before, we shouldn’t just celebrate the coming into being of this commission. Obviously we should, because it’s going to increase the level of opportunities available to our people, whether in terms of employment, in terms of mobilsation of resources, in terms of redeveloping the infrastructure that were destroyed, we’re going to be better off for it.
Can the NEDC end the woes of the region?
Those challenges are still with us, the challenges for providing job opportunities for our teeming young people, the challenges of redeveloping the region to ensure that for everyone who grows up in that region, there’s perhaps something that he can find to do. And when we expand this window of opportunity to so many of our sons and daughters, we’ll be able to end this issue of violence. Because I heard some of the recruits of Boko Haram were offered so much that the security agencies discovered in their bank accounts. So it was like money was even the lifeblood that was funding this terrorism. If we offer a situation where the society offers what outweighs what they get from terrorism, nobody would be a terrorist, as nobody wants to die. But it’s only when you face a kind of life, or a kind of situation where to even die is better than to be alive, then you’d have no choice, then you’ll be available to do anything at that stage. But anyone who is firmly rooted in the land of prosperity would hardly think of visiting violence on anyone.
Those challenges are still with us, the challenges for providing job opportunities for our teeming young people, the challenges of redeveloping the region to ensure that for everyone who grows up in that region, there’s perhaps something that he can find to do. And when we expand this window of opportunity to so many of our sons and daughters, we’ll be able to end this issue of violence. Because I heard some of the recruits of Boko Haram were offered so much that the security agencies discovered in their bank accounts. So it was like money was even the lifeblood that was funding this terrorism. If we offer a situation where the society offers what outweighs what they get from terrorism, nobody would be a terrorist, as nobody wants to die. But it’s only when you face a kind of life, or a kind of situation where to even die is better than to be alive, then you’d have no choice, then you’ll be available to do anything at that stage. But anyone who is firmly rooted in the land of prosperity would hardly think of visiting violence on anyone.
On need for other intervention bodies
As far as I am concerned, if it was the responsibility of the House of Representatives, we can do it tomorrow. But unfortunately, we need all the arms of government to make it happen. This, I believe, will provide a platform to further that discussion. But the important thing is that it has been done for Syria. So, I do not see why the international community will not respond to this crisis that we are faced with in Nigeria. The world is a global village. The problems in Nigeria, if they are not well taken care of, will have an international dimension sooner than later. Those countries in Europe that felt they were detached from the crisis in Syria were overrun by the massive influx of emigrants. For us to deal with this, there must be an international response so that we will be able to nip it in the bud in Nigeria.
As far as I am concerned, if it was the responsibility of the House of Representatives, we can do it tomorrow. But unfortunately, we need all the arms of government to make it happen. This, I believe, will provide a platform to further that discussion. But the important thing is that it has been done for Syria. So, I do not see why the international community will not respond to this crisis that we are faced with in Nigeria. The world is a global village. The problems in Nigeria, if they are not well taken care of, will have an international dimension sooner than later. Those countries in Europe that felt they were detached from the crisis in Syria were overrun by the massive influx of emigrants. For us to deal with this, there must be an international response so that we will be able to nip it in the bud in Nigeria.
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