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Opinion

Of Abuja Investment Company,Tamuno,Wike And Tinubu’s “Renewed Hope Agenda”

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BY

BOLAJI AFOLABI

Established in 1994 by the military administration of late General Sani Abacha, the Abuja Investments Company Limited, (AICL) is positioned as a government-owned investment enterprise charged with the responsibility to drive economic development in the federal capital territory. Its primary goal is to promote strategic investment and boost realistic economic growth of the FCT through different platforms and various approaches. Key functions of the AICL include Business Development; Investment and Development; Public-Private Partnership; Facility Management; and Infrastructure Development. The AICL has several subsidiaries and associates including Abuja Property Development Company, (APDC); Abuja Markets Management Limited, (AMML); Abuja Urban Mass Transport Company, (AUMTCO); Abuja Technology Village Free Zone; Abuja Film Village International Limited; PowerNoth/AICL Equipment Leasing Company. Others include Aso Savings and Loans PLC; Abuja Power Company Limited; Abuja Leasing Company; and Abuja Downtown Mall.

From 1994 till the exit of the military from national governance in 1999, the AICL recorded few achievements. During this period, the AUMTCO, and Aso Savings and Loans were established. With the dawn of democratic government in 1999, it was expected that the FCT, being an emerging federal capital will benefit hugely from the activities of the AICL. However, nothing much was achieved between 1999 and 2003. Somehow, Mallam Nasir El-Rufai, who administered the FCT from July 2003 to July 2007, was able to change the tide. Under his watch, the AICL came alive, recorded some measure of visibility and attracted positive public perception. Sadly, the AICL took a downward slide thereafter. None of the past ministers; Aliyu Modibbo Umar, Adamu Aliero, Bala Mohammed, and Muhammed Musa Bello provided the necessary political will and support for the AICL to maximally attain full potential. Indeed, it got worse between 2015 and May 2023 that many residents forgot that the company was still existing.

Many critical stakeholders were worried about the depth of neglect, static state, and institutional damage that the AICL was subjected to. Patterned after similar agencies in some developing nations, where measurable strides are achieved, the reverse happened with the AICL, that it became recurring causes of worries, and regrets to many people. Alhaji Aminu Mohammed, a former staff member of FCTA said, “it was shameful that the company remained largely dormant for many years.” Corroborating, Mr. Gilbert Gyang, an Abuja based investment expert declared, “the AICL, especially during the last administration was arguably comatose. It merely existed on paper, there was no visible investment initiative geared towards economic growth in the federal capital.” For Ms. Winifred Anosike, former banker, and development consultant, “it’s painful that the company was practically inactive for years. It was not only affecting economic growth in Abuja but impacted negatively on people and firms with result-driven initiatives who desired to contribute actively to the development of the capital city.”

With the emergence and subsequent inauguration of President Bola Tinubu on May 29, 2023, key players in the investment sector were hopeful that, the AICL may breathe again. Many hinged their thoughts on Tinubu’s background and experiences in accounting, financing, investment, governance, and leadership. Though with caveats; the choice of who minister’s FCT will be pivotal. Convinced that the AICL should be the “engine room” of economic growth and development of the capital city, many hoped that Tinubu will deploy the appropriate person to oversee the strategic ministry. Some stakeholders concluded that a wrong choice may consign the AICL into the “wilderness of inactivity” and likely extinction. Somehow, key players in the investment sector, at different fora and platforms were upbeat that Tinubu will pick the right person, who they hope will lead the way towards enabling the AICL to get back its mojo.

In August 2023, the deployment of Barrister Nyesom Ezenwo Wike as the Minister of the FCT; the 8th since Nigeria’s return to democratic government elicited public endorsement. Tinubu’s choice was largely celebrated by many stakeholders, as it renewed optimism about the prospects of AICL reviving its activities. Cognisant of Wike’s legendary achievements, as Rivers state Governor where he embarked on massive infrastructure development and more, turning the “Treasure Base” to the central investment hub in the South South zone, and emerging as second to Lagos state, many were confident that “light will come” to the AICL. A similar spate of enthusiasm and expectations was prevalent in and around the AICL. Many of the staff members also shared the positions.

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The atmosphere at the Garki District offices of AICL on April 7, 2024 was ecstatic when news filtered in that Wike had appointed Dr. Maureen Tamuno as the Group Managing Director. A few hours later, it turned to frenzy after goggle checks were done by some staff members to have glimpses of her profile. Impressed, and satisfied with her multi-disciplinary academic background, and multi-faceted careers, her appointment was described as well-thought, and well-deserving. The unanimity of opinion was that, being a round peg in a round hole, the AICL will leverage on her far-reaching experiences and exposures as a former lawmaker, seasoned diplomat, public administrator, and boardroom strategist.

Aware and ready for the challenges ahead, many staff members were visibly excited when Tamuno assumed office the following day. Thus emerging as the first female chief executive of the AICL, since its 30 years of existence. Described as an accomplished technocrat with identifiable achievements in leadership, strategy, diplomacy, administration, and consulting, Tamuno, in her maiden speech confirmed the postulations of staff members. She emphasized her, “commitment to open-door policy to all staff, urging everyone to operate at the highest standard of transparency, confidentiality, accountability, and ethical business practices.” Continuing, she assured staff members that her, “strategic approach and consumer-centric philosophy are expected to propel the AICL to new heights of success.”

 

From reports, challenged by the enormity of the task ahead, conscious of the hugely untapped potential of the AICL, buoyed by the political support of Wike, and encouraged by the passion of the staff members, Tamuno literally hit the ground running. As a globally-recognized business development, management, and investment professional, she approached her assignment with iron-cast resolve, and the precision of a surgeon. First off, she embarked on critical reviews and overview of the AICL trajectory from inception; identified germane issues; evolved strategies for re-positioning the company; enunciated quick-wins, short-term, medium-term, and long-term measures for development, and some others. All these were geared towards delivering (or surpassing) the Ministerial mandate, and also ensuring that the AICL contributes its quota to Tinubu’s “Renewed Hope” agenda.

Indeed, it is imperative to note that the AICL, under the superintendent of Tamuno has literally drawn water out of rocks; which before now was largely unthinkable. That the soft-spoken and resourceful amazon; and her team were able to make noticeable impact within just one year, speaks volumes about her ingenuity, and indomitable spirit. In a broad sense, these achievements include encouraging economic diversification; expanding investment opportunities; exploring business and investment exchanges; deepening subsidiaries collaboration; and fostering diplomatic relationships.

In practical terms, the AICL, through some landmark initiatives has provided the platform for the promotion of trade and commerce, as well as economic growth and sustainable investment in the FCT. It is imperative to recall some of these laudable and trail-blazing projects. A few days back, the solar powered Farmers Market in Utako District and Kugbo International Market were commissioned by the FCT Minister of State, Dr. Mariya Mahmud. Speaking at the epoch making events, Mahmud eulogized Tamuno for completing the first-of-its-kind projects which, “would provide employment opportunities for a wide range of people in line with the “Renewed Hope” agenda.” While explaining that the projects are under the Public Private Partnership initiative of the AICL, Tamuno promised that, “under the Build Operate and Transfer (BOT) arrangement, the government will combine with the private sector to create profitable and sustainable public infrastructure. We identified Small and Medium Enterprises, (SMEs) as the backbone of any prosperous economy, because they create jobs that drive sustainable economic growth.” To underscore AICL’s commitment towards encouraging the informal sector, shops were gifted to some hardworking traders from all the six Area Councils of the FCT.

In October 2024, the AICL organized a two-day Abuja Business and Investment Summit with the theme: “Optimizing Investments Through Partnership.” The event, geared towards promoting investment opportunities in the FCT, was attended by major stakeholders in finance, investment, manufacturing, and other sectors. Participants opened new alliances, partnerships, and collaborations for new opportunities and innovations that will lead to micro and macro development. Tamuno, who by the way was one-time Nigeria’s Ambassador to Jamaica is leveraging on her diplomatic credentials and network to re-position the AICL. She is regularly engaging, and exploring investment opportunities with foreign countries through their diplomats in Nigeria. Through her participation at the maiden Nigeria-Kazakhstan Business Conference which was held in Abuja, in 2024, there are advanced plans for the establishment of city-to-city flights between both countries, as well as collaborations in agriculture, education, technology, logistics, and more.

Agreed, the journey is somewhat far but the AICL, under the new chief executive has shown unbridled commitment, and unflinching fervor in elevating the status, and relevance of the company towards engendering meaningful growth and development of the FCT. Tamuno has shown relentless drive and boundless energies towards justifying the confidence reposed in her by Wike. Posting an encouraging report-card in one year deserves commendations and encouragement. Mr. Olugbenga Okanlawon, an Abuja based public affairs analyst declared that, “she has shown that she is the right person for the job. Considering what the AICL has achieved in one year, it is clear that more grounds will be covered in terms of growth and development.” A frequent caller to the AICL who preferred anonymity said, “the GMD has brought a new lease of life to the place, and everybody has imbibed her can-do-it spirit with much pride, and belief.”

 

BOLAJI AFOLABI, a Development Communications specialist was with the Office of Public Affairs, The Presidency, Abuja.

Opinion

When Power Meets Purpose: Why Abba Kabir Yusuf’s APC Move Is Kano’s Necessary Turn

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By Abdulkadir Ahmed Ibrahim (Kwakwatawa), FNGE.

In politics, moments arise when loyalty to a platform must give way to loyalty to the people. There are seasons when courage is not found in standing still, but in moving forward with clarity of purpose. Kano State stands at such a moment. The planned defection of Governor Abba Kabir Yusuf to the ruling All Progressives Congress is not an act of betrayal. It is a call to responsibility, a deliberate choice shaped by necessity, foresight, and the overriding interest of Kano and its people.

Perhaps power, when isolated, grows weak. Governance, when detached from the centre, struggles to deliver. Since the emergence of Abba Kabir Yusuf as governor, Kano has found itself standing alone in the national space. Federal presence is thin, strategic attention limited. The state that once sat confidently at the table of national influence now watches key decisions pass by without its voice fully heard. This isolation is not a reflection of the governor’s intent or capacity; it is the reality of operating outside the ruling structure in a political environment where access often determines outcomes.

It is common knowledge that governors do not govern in a vacuum. Roads, security, education, health, and economic revival depend on cooperation between state and federal authorities. When that bridge is weak, the people bear the cost. Kano today needs bridges, not walls. It needs inclusion, not distance. It needs a seat where decisions are shaped, not a gallery where outcomes are merely observed.

The internal tension surrounding the emirate question has further deepened uncertainty. While history and tradition demand respect, governance demands stability. Prolonged disputes distract leadership, unsettle investors, and weigh heavily on public confidence. At such a time, a governor requires strong institutional backing and political leverage to navigate sensitive reforms with balance and authority. Standing alone makes that task far more difficult than it ought to be.

More troubling is the visible absence of federal projects and partnerships. In a country where development is often driven by political proximity, Kano cannot afford to remain on the margins. A state of its stature, population, and historical relevance deserves more than sympathetic silence. It deserves action, presence, and partnership.

It is within this context that Abba Kabir Yusuf’s movement toward the APC must be understood. Not as personal ambition, but as strategic realism. Not as political convenience, but as a pathway to unlock opportunities long denied by distance from power.

By extension, Senator Rabi’u Musa Kwankwaso stands at a defining crossroads. History has placed him in a rare position. He is respected across party lines, commands a loyal following, and remains one of the most influential political figures in Northern Nigeria. Above all, President Bola Ahmed Tinubu holds him in high regard. They share a common political generation, having both served as governors in 1999, shaped by the same democratic rebirth and seasoned by time and experience.

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In addition, one can recall that both Rabi’u Kwankwaso and Bola Tinubu were at the National Assembly under the platform of the now defunct Social Democratic Party, SDP, during the short-lived 3rd Republic. The former was the Deputy Speaker at the House of Representatives while the latter was a Senator together with Late Senator Engineer Magaji Abdullahi who was also elected under the same SDP ticket.

Late Engineer Magaji Abdullahi a former Deputy Governor of Kano State (2003 to 2007) and also a former Chief Executive of the State owned Water Resources and Engineering Construction Agency, WRECA, in the 1980s was a benefactor of Engineers Rabi’u Kwankwaso and Abba Kabir Yusuf were they first met as members of staff.

The late successful Kano technocrat, accomplished engineer, career civil servant charismatic and vibrant national politician was a close ally and associate of Asiwaju Bola Ahmed Tinubu starting from the SDP days and the duo was some of the foundation members of the APC.

The President’s repeated extension of an olive branch to Kwankwaso is therefore not accidental. These gestures are acknowledgements of value, respect, and shared history. They signal recognition of Kwankwaso’s political weight and his capacity to contribute meaningfully at the national level. When such calls come consistently, wisdom suggests they should not be ignored. Kwankwaso should heed the call by moving along with the political direction of Kano State.

The truth is unavoidable. The political home Kwankwaso once built no longer offers the shelter it promised. The NNPP is enmeshed in internal crises that threaten its very identity. Court cases over party ownership and recognition pose serious risks. With the Independent National Electoral Commission recognising one faction amid raging disputes, the platform has become unstable ground for any serious electoral ambition. Under these circumstances, entering the 2027 race either with Abba Kabir Yusuf seeking re election on the NNPP platform or Kwankwaso pursuing a presidential ambition would amount to gambling against history and reason.

The alternatives are no better. The Peoples Democratic Party is fractured, weakened by internal contradictions and persistent leadership disputes. Its once formidable structure now struggles to inspire confidence. The African Democratic Congress, on the other hand, is ideologically and historically uncomfortable for Kwankwaso. Many of its leading figures were once his fiercest rivals. They resisted him in the PDP and are unlikely to allow him meaningful influence now. Political memory is long, and grudges rarely dissolve.

Beyond current realities lies a deeper lesson from history. Regional parties, no matter how passionate or popular within their strongholds, have rarely succeeded on the national stage. From the First Republic to the Fourth, the pattern remains consistent. Nigeria rewards broad coalitions, not narrow bases. Power flows where diversity converges.

The APC today represents that convergence. It is not perfect, but it is expansive. It is national in outlook, broad in structure, and firmly in control of the federal machinery. For Kano, aligning with the APC is not surrender. It is strategy. It is an investment in relevance, access, and development.

For Abba Kabir Yusuf, the move is about delivering tangible dividends of democracy. For Kwankwaso, it is about securing a future that reflects his stature and experience. Loyalty, in its truest sense, is not blind attachment to a platform. It is fidelity to the welfare of followers, to the aspirations of a people, and to the demands of the moment.

Politics is not static. It is a living conversation between ideals and realities. When realities change, wisdom adapts. Kano’s future demands bold choices, not sentimental delays. The music is louder now. The moment is clearer. The door is open.

History favours those who recognise when to move. For Abba Kabir Yusuf and Senator Rabi’u Musa Kwankwaso, the path toward the APC is not a retreat from principle. It is a step toward purpose. They should go back to where they rightly belong. And for Kano, it may well be the bridge back to the centre, where its voice belongs and its destiny can be fully pursued.

Abdulkadir, a Fellow of Nigerian Guild of Editors, former National Vice President of the NUJ, Veteran Journalist, was the Press Secretary of the former Deputy Governor Late Engineer Magaji Abdullahi.

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Opinion

Legislative Brilliance : DSP Barau Lights Up Al-Hikmah University

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By Abba Anwar

The management of Al-Hikmah University, Ilorin, Kwara state, shopped for an individual politician, whose intervention cuts across all sections of the country, with vigor, informed scholarship, skilful understanding of democracy and a patriotic contributor for national development. In their search, they stop on the table of the Deputy Senate President, Distinguished Senator Barau I Jibrin, CFR, as they invited him to deliver the Convocation Lecture during the 15th Convocation Ceremony of the University, Wednesday.

Looking at the title of the lecture, “Managing Executive–Legislature Relations towards Democratic Consolidation in Nigeria’s Fourth Republic,” it is glaring that, only informed political leaders, with the needed exposure, could add value to the discussion. Not vague and fairy tales tellers.

Amidst scholars, democrats and activists, Senator Barau explores legislative expertise and scholarly advancement of discussion about genuine democracy around national development. A position that underscores the imperative of harmonious executive-legislative relations for Nigeria’s democratic consolidation.

While the lecture did not focus “… on the evolving relationship between the executive and legislative arms of government since Nigeria’s return to democratic rule in 1999,” only, the lecture positions the DSP as a scholarly voice of governance.

Being a member of the House of Representatives in 1999 and now a Senator, Deputy Senate President, to be precise, and looking beyond his state or any micro political entity, he believes, profoundly that, the executive and the legislature must work together to address the challenges plaguing the nation.

As he delved into figurative identification of the productive and close nexus relationship that exists between the National Assembly and the executive arm under President Bola Ahmed Tinubu, GCFR, he enunciated that, only collaborative effort, amongst the two arms, could save the country. Hence, in his own terms, both executive and legislature are unarguably on the same page, of making Nigeria great again.

Apart from his scholarly discussion on the theme, his interventions in the education sector, back home in Kano and the nation in general, informed all decisions across the academic environment, there, and students’ bodies, to present to him Awards of Excellence. To officially recognize him as an icon for the development of the education sector in the land.

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They all appreciated his contributions to students through scholarships scheme, for studies in different fields of study. Both within and outside the country. As thousands get access to his scheme. He was identified as one of the leading national politicians whose contributions to education are immensely spotted and glaring. Some defined him as a National Messiah for Education.

Many Professors and academics, who attended the lecture, described him as a scholar in his own right. Whose arguments in the paper he presented, showcase how deeply rooted he is in the art of governance, legislation and engaging democratic activism.

The Deputy Senate President believes that, “A consolidated democracy is one in which political actors, institutions, and citizens internalise democratic norms, and where the probability of democratic breakdown becomes remote.”

He got standing ovation when he paraphrased, Diamond’s (1999) argument that, “In Nigeria’s Fourth Republic, democratic consolidation extends beyond the regular conduct of elections. It encompasses adherence to constitutionalism, respect for separation of powers, accountability, rule of law, and effective inter-institutional collaboration.

The Executive-Legislature relationship therefore constitutes a critical arena in which democratic values are either strengthened or undermined.”

DSP’s deeper knowledge of national democratic structure and his patriotic engagement for national cohesion and adherence to global experience, came on board when he posits that, “Early years of the Fourth Republic were marked by frequent conflicts over leadership of the National Assembly, budgetary processes, impeachment threats, and oversight functions which constitute impediments towards democratic consolidation after prolonged military rule.”

All the bottlenecks in his classical analysis stem from “Executive dominance inherited from prolonged military rule, weak institutional capacity within the Legislature, partisan competition overriding constitutional responsibility and
personalisation of power rather than institutional governance.”

Distinguished Senator Barau’s Al-Hikmah University’s presentation of Convocation Lecture, pushed many to accept the fact and the obvious that, he is indispensably a rare gem in legislative environment and a political stretcher in the national scheme of things. A national figure with global outreach. A gentleman with informed mind, capable hands and coordinated brain. Whose silence and humility are not defeatist, but calculative strategy.

One of the things that you cannot take away from him is, he is a political figure with thoughtful approach to politics.

In his elderly advice to the graduands he said, “As graduands of Al-Hikma University step into society, I urge you to uphold democratic values, demand accountable governance, and contribute intellectually and ethically to Nigeria’s democratic consolidation. Democracy is not sustained by institutions alone, but by enlightened citizens and principled leaders.”

The concluding part of his paper, speaks volume about his unwavering belief in democratic process, patriotic leadership style and informed understanding of national politics devoid of ethnic chauvinism. Hear the gentleman, ” Distinguished audience, Nigeria’s Fourth Republic has endured longer than any previous democratic experiment in our history.

This endurance, however, must be matched with qualitative democratic deepening. Managing Executive–Legislature relations with wisdom, restraint, and constitutional fidelity is central to this task.”

Anwar writes from Kano
Thursday, 8th January, 2026

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Opinion

Beyond the Godfather’s Shadow: Why Governor Abba Kabir Yusuf Chose Kano Over a Provincial Presidential Quest

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​By Kabiru Sani Dogo Maiwanki

​The recent pronouncements by Senator Rabiu Musa Kwankwaso regarding Governor Abba Kabir Yusuf’s strategic political recalibration have finally stripped away the façade, exposing the profound ideological fissures within the NNPP hierarchy. In a caustic address delivered Saturday evening, the Senator characterized the Governor’s newfound autonomy as a “betrayal” of a far more egregious nature than that of his predecessor, Abdullahi Ganduje. However, in this vitriolic attempt to cast himself as the victim of political infidelity, Kwankwaso inadvertently betrayed a disconcerting truth: he viewed the incumbent administration not as a sovereign executive entity, but as a subordinate instrument of his personal political estate.

​Senator Kwankwaso remarked that, as a presidential hopeful, his fundamental expectation was that the administration he purportedly “installed” would function as a geopolitical centrifuge—a financial and logistical catalyst designed to project the Kwankwasiyya hegemony into neighboring Northwestern territories. He expressed profound chagrin that, over two years into this mandate, the machinery of the Kano State government has not been weaponized to “conquer” even Jigawa State for his political brand. This revelation is remarkably candid; it implies that the Senator’s patronage of the current administration was never rooted in the socio-economic advancement of the Kano populace, but was instead a cynical stratagem to treat the state’s commonwealth as a private war chest for a singular, ego-driven presidential odyssey.

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​By resisting this role, Governor Abba Kabir Yusuf has committed what Kwankwaso perceives as an unpardonable “sin,” but what objective observers must recognize as a courageous act of institutional integrity. The Governor’s refusal to allow the Kano State treasury to be cannibalized for regional political expansion is a resounding victory for fiscal prudence and administrative transparency. It represents a principled rejection of the archaic practice where public commonwealth is weaponized to bolster the narrow political interests of a singular godfather at the expense of the citizenry.

​The depth of the Senator’s desperation is now laid bare for all to see. In a striking reversal from his usual posture of absolute authority, Kwankwaso has been reduced to making public appeals for reconciliation. His recent plea—openly asking anyone with access to the Governor to “beg him to come back”—reveals a leader who has finally grasped the magnitude of his loss. It is the sound of a man who realizes that the “innocent aide” he once underrated has not only secured his independence but has taken the soul of the movement with him.

​It is therefore essential for Kwankwaso and other political leaders who pride themselves on their political stature to realize that there is a limit to how long they can continue to deceive and exploit their followers. Respect must be reciprocal; whether between a leader and the led, there is a definitive limit to the amount of insult, manipulation, and contempt any person can endure.

Whenever you push a supporter to the brink and their patience finally runs out, the consequences of their anger will certainly be unpleasant for those in power.
​For the well-meaning people of Kano, this is a moment to offer unalloyed commendation. Governor Abba deserves praise for his steadfastness in protecting the state’s allocations and for prioritizing the welfare of the masses over the expansionist agenda of a political empire. Abba Kabir Yusuf has chosen to be the custodian of the people’s trust rather than a puppet for personal ambition, and in doing so, he has redefined the essence of leadership in Kano.

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