Vice President Yemi Osinbajo last Sunday took a swipe at past governments in Nigeria accusing them of draining huge funds with little or no investment in infrastructure. Specifically, he accused the IBB/Abacha administration, the Obasanjo/Yar’ Adua governments and the Jonathan administration of this gross dereliction of responsibility.

A better way to get a deeper understanding of why Vice President Yemi Osinbajo was moved to describe Governor Emmanuel as “a very clever Governor” on September 23, 2017, is to look back at how Akwa Ibom has fared in the last three years in the area of wealth and job creation.

PRESIDENT Muhammadu Buhari chose the most auspicious place to officially declare his disdain for the rule of law and his avowed preference for the rule of man, his own rule, in the Nigerian nation-state, where he has been deploying his might in its vast capriciousness and whimsicality since he stepped in the saddle on May 29, 2015.

LOANS have been used as weapon of underdevelopment of Africa by International Monetary Fund, IMF,  and World Bank. Loans from China are irresistible because they come with less strings attached on matters such as governance, democracy or human rights. Bureaucrats too can easily get a cut without much accountability. Yet, the loans are like a Trojan horse. Its consequences will be far-reaching.

Internal engagement, as the accused banks have indicated, would have been a more appropriate approach to resolve the issues