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

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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

APC National Convention : How DSP Barau Displays Political Sagacity, Deep Knowledge of Democracy Before President Tinubu, Others

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Senator Barau

 

By Abba Anwar

As National Convention for the ruling All Progressives Congress (APC) kickstarts at the famous Eagle Square, Abuja, in the presence of President Bola Ahmed Tinubu, all APC who is who in the country, as well as all delegates from across all the 36 states of the federation, including federal capital territory, Abuja, it was designed that the Deputy Senate President, Barau I Jibrin, CFR, would be amongst the very few, who were selected to move motions for party operations, administration and continuity, during the convention.

The motions moved by big shots like, His Excellency, the Senate President, Godswill Akpabio, GCON and the Right Honorable Speaker, House of Representatives, Tajuddeen Abbas, GCON, ranging from the dissolution of the current national leadership of the party to many other issues surrounding the administrative continuity of the party and so on and so forth.

Under this great recognition and assigned national responsibility, His Excellency Deputy Senate President, was mandated to move an all-important motion for the extension of the tenure of the Caretaker Executive Committees of the party in Ekiti and Osun states.

Our Distinguished Senator, started with the lovely self-introduction, stating and being proud of his root, with passion and feeling of greatness, he said, “My name is Barau I. Jibrin, the member of APC, in Kabo ward in Kabo local government area of Kano state.” With all sense of humility and root-first approach.

The substance of his brief motion statement, hinted to all, how deeply rooted he is in democracy and democratization process. The wordings illuminated, to many, his clear and valued understanding of the ruling party, the APC and its organizational capability within the context of party continuity, at all levels.

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He said, “My motion is as follows : I move this motion of urgent administrative and organizational necessity, concerning the leadership structure of our party in Ekiti and Osun states.

The party now operates through duly constituted Caretaker Executive Committees, at the wards, local governments and state levels, in both Ekiti and Osun states. The tenure of the Committees are due to expire at the end of March, 2026.”

“The Caretaker Committees are within the period of their mandate of maintaining party structure, ensuring operational continuity and stabilizing party affairs in the affected states,” he highlighted.

To tell you that, our dear DSP fully understands the workings and demands of politics and political operations, he stated reasons, as to why the call for the extension of the tenure of the caretaker committees became necessary, he clarified that, “Ongoing development in Ekiti and Osun states, particularly the heightened and tensed environment for the forthcoming gubernatorial elections have created conditions that are presently not conducive for the peaceful and orderly conduct of the wards, local governments and state congresses in the affected states.”

He further maintained the grip of the political realities in those states when he highlighted that, “It is expedient in the overall interest of the party to extend the tenure of the caretaker committees to allow for proper coordination, consolidation and preparation for the conduct of the congresses.”

He cited the provision of the APC Constitution, Article 13(1), which gives that mandate and power for the action.

His motion(s) was four-in-one, unlike other motions moved by other movers. This could be seen when he said, “I hereby move that, this National Convention (i) approve the extension of the tenure of the Caretaker Executive Committees of wards, local governments and states in Ekiti and Osun states, (ii) the said extension shall be for the period of 6 months, commencing from the expiration of their current tenure at the end of the March, 2026, uptill the end of September, 2026, (iii) mandate the relevant organs of the party to utilize the period of their extension to conclude all necessary arrangements for the conduct of wards, local governments and state congresses and (iv) enjoy all members of the party to cooperate with the caretaker committees. This motion is moved in the interest of party unity, administrative continuity and orderly conduct of party process.”

Being one of the critical stakeholders of the ruling party in the country, DSP’s national outings are waxing stronger day in day out. The composure, dexterity and depth in his speech, say a lot as a Distinguished Senator, who believes in democracy and democratic principles. The speech was with all vigor and substance of deeper understanding of party politics.

Kudos to His Excellency, the Deputy Senate President, our pride our focus!

Anwar writes from Kano
Friday, 27th March, 2026

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Opinion

OPINION: Examining the Sanity of Saner Climes

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By: Amir Abdulazeez

Several decades into the global modern era, Africans, Asians and Latin Americans are continued to be held hostage by their colonially indoctrinated inferior mindsets engineered by the blackmail and mythology of western moral supremacy. This error is not in observing western virtues; many of which are real. The error is in the uncritical veneration that renders their vices invisible and their judgements unchallengeable. It is evident from the events of the last three decades alone, that the so-called saner climes of Western Europe and North America are the primary architects of global chaos and instability of nations, all in the name of injecting sanity into ‘less sane’ societies.

The ongoing US-Israel war on Iran, launched in the midst of Ramadan is a typical doctrine of the saner climes, exhibited in its most naked form. Iran’s Foreign Minister had three days before the war declared that a nuclear agreement was ‘within reach’, after a third round of indirect talks had taken place in Geneva. The IAEA itself confirmed there was no evidence of a structured Iranian nuclear weapons programme at the time of the attack. Yet, the surprise assault assassinated Supreme Leader Ali Khamenei, killed his family members and damaged schools, hospitals and even UNESCO-recognized cultural heritage sites. This is a typical catalogue of barbaric war crimes for which the West has condemned others across generations.

The Donald Trump administration whose seemingly rude, dishonest and arrogant officials, has offered a menu of rationalizations and a handful conflicting justifications for the war. However, when Amnesty International confirmed that the United States was responsible for a strike that killed at least 160 primary school girls, the US officials chose more arrogance through denials instead of remorse. In fact, the Head of the Federal Communications Commission simultaneously intimidated his own press, threatening the withdrawal of broadcast licenses of American news outlets whose war coverage he deemed unfavourable. Another trademark saner-climes mythology, muzzled in a way only a few non-saner climes can imagine.

Meanwhile, in all these, it is the ‘lunatic’ Iran that is supposed to apologize and do nothing while it is been attacked. The Iranian Regime, branded autocrats on the premise that it compels women to cover their hairs in public are being lectured by leaders of societies whose women go out naked in the name of civilization and whose governments topple, kill and abduct Heads of States of other countries for recklessly greedy reasons. Now imagine if the erratically behaving Donald Trump was the leader of any African Country, the West would’ve since declared him incoherent and unstable to deal with or labelled his citizens stupid for voting him. Worse still, imagine if the Epstein scandal happened in Asia or Latin America. All these contradictions reveal with crystal clarity that Western principles are instruments of convenience.

To understand the foundations to all these, let us revisit some history. Britain’s Industrial Revolution was fertilised by the profits of the transatlantic slave trade and the systematic plunder of India, a country whose share of global GDP fell from about 25% at the onset of colonial rule to barely 4% at independence. France financed much of its republican grandeur on the forced labour of West Africa and the Caribbean. Belgium’s King Leopold II transformed the Congo into a private abattoir, severing the hands of Africans who failed to meet rubber quotas, leaving behind a traumatized country that still bleeds today. To speak of the sanity of these climes without acknowledging that they were partly built from organised insanity inflicted elsewhere is to ignore the background to what we are witnessing today.

In the last fifty years alone, the so-called saner climes have unleashed a level of violence and destabilisation that would shame any regime they have ever deemed fit to condemn. The United States, the self-acclaimed sentinel of the free world, has engineered irrational regime changes in Chile (1973), Iran (1953 and subsequently), Guatemala (1954), Nicaragua, Panama, Libya, Iraq, Afghanistan and Syria, among others. The 1973 CIA-backed coup against a democratically elected socialist president of Chile Salvador Allende, installed Augusto Pinochet, under whose reign thousands were tortured, disappeared, or executed. Henry Kissinger, the American architect of that atrocity, received the Nobel Peace Prize from his fellow saner clime comrades. The French Government, through its notorious Françafrique policy, maintained a neocolonial empire across West and Central Africa long after the 1960s, propping up murderous dictators and conducting military interventions to protect economic interests, with a consistency that made a mockery of every democratic principle France professed to uphold.

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The invasion of Iraq in 2003 by Western Governments is perhaps the most consequential act of manufactured catastrophe of the modern era. The war resulted in the deaths of an estimated 200,000 to one million Iraqi civilians, the obliteration of the country’s infrastructure, the rise of ISIS from the ashes of a disbanded Iraqi army and the triggering of a refugee crisis that continues to destabilise the Middle East. No one was held accountable. George W. Bush and Tony Blair are living happy lives in their saner countries. The International Criminal Court, which has indicted multiple African heads of state on much lesser crimes with considerable alacrity, found no jurisdiction to examine any of them. Meanwhile, the people of Iraq, Syria and Libya who were dismantled in the name of liberation still live in the ruins and pains of what the saner climes call democracy.

While the West was busy bombing the Middle East, Africa, the so-called backward continent, was largely attending to its own affairs of conflict resolution with a remarkable degree of maturity. The African Union mediated crises in Burundi, the Gambia and Lesotho without firing a single bullet. ECOWAS brokered peace agreements in Sierra Leone and Liberia, deployed peacekeeping forces with genuine multilateral mandates without the casual trigger-happiness of Western powers.

Western attitude towards violence is shamelessly selective. When Russia invaded Ukraine in 2022, the Saner Clime’s response was swift, comprehensive and morally unambiguous: sanctions, weapons, diplomatic isolation and a media chorus of civilizational solidarity. This response was appropriate anyway. But the problem is its stark contrast with the Western posture toward other invasions. When Saudi Arabia launched its war on Yemen in 2015, the United States and the United Kingdom did not merely decline to intervene; they allegedly supplied the bombs, refuelled the warplanes and provided intelligence for strikes that killed thousands of Yemeni civilians and engineered one of the worst humanitarian crises on earth.

Many argue that the actions of Western Governments isn’t a true reflection of what their citizens stand for. This is debatable especially when one examines certain incidences. During the Obama presidency, Edward Snowden revealed that the US National Security Agency was conducting mass, warrantless surveillance of American citizens and foreign governments, including the personal telephone of former German Chancellor Angela Merkel in flagrant violation of constitutional protections and international diplomatic norms. The response was not accountability but exile for Snowden and a classification of his revelations as treason. The United States, has the largest prison population on earth both in absolute numbers and per capita administered under a system in which Black Americans are incarcerated at five times the rate of their white counterparts, in conditions that the United Nations has described as cruel. Since 1968, gun violence has claimed more American lives than all of America’s foreign wars combined. One can certainlybe inclined to believe that these are controversies that ordinary western citizens may not approve of.

Climate change is another damning indictment of Western moral authority in the twenty-first century. The Industrial activities enriching Europe and North America still depends on burning carbon at a scale the planet had never experienced. The United States, historically the world’s largest cumulative emitter of greenhouse gases, withdrew from the Paris Climate Agreement under Donald Trump. Australia, another clime reputed to be considerably saner than most, has built its prosperity on coal exports and resisted meaningful emissions reduction. Some Pacific Island nations face sea submersions within this century as a consequence of decisions made in saner capitals. When these nations’ leaders speak at the United Nations with tears in their voices, the saner climes offer symbolic but empty sympathy before later returning to preserving their industrial prerogatives.

The Western Media’s tactical twisting of narratives regarding other climes is another issue. For example, CNN may not run primetime documentaries on the Swiss banking system’s complicity in laundering the proceeds of African kleptocracy, but will rather concentrate on the primary kleptocrats. The BBC does not lead with investigations into the role of British arms dealers in sustaining African conflicts. The New York Times does not dedicate its front page to the tax avoidance schemes through which Western corporations drain billions of dollars annually from African economies (more than the continent receives in foreign aid).

Beside all these, there is something more worrisome. The bulk of support received by these saner climes come from their victims in the third world. In Nigeria for instance, the blind sympathy for religious affiliations drives people to support the brazen oppression and cruel injustices perpetrated by the West. Our solidarities should be among ourselves, not with those who see and treat us as worthless humans and more like animals because of their superior moral hypocrisy. Additionally, our bootlicking governments who are considered close to valueless in the International arena or even insane just like us, must stop intimidating its own citizens who decide to speak up against western double standards. Let’s remember, the phrase “saner climes” is a moral verdict and a devastating condemnation of everywhere else expect Europe and North America. Africans and all peoples of the marginalised world are owed the intellectual inheritance of critical discernment.

The world does not need more or fewer saner climes; it needs a more honest accounting of what sanity actually requires. It requires consistency: the same rules applied to the powerful and the powerless alike. It requires humility: the acknowledgement that no civilisation holds a monopoly on wisdom. And it requires accountability: not the selective justice of indicting the weak and glorifying the mighty, but the universal application of standards that do not bend in the presence of a Security Council veto or the impulse of a self-serving Super power. Until that accounting arrives, the presumption of Western moral authority deserves not deference, but fearless interrogation; the kind that the so-called saner climes have always claimed to celebrate and so rarely been prepared to receive.

23-03-2026

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Opinion

DSP Barau on Global Peace, Nigeria’s Insecurity : A Focused Leadership

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By Abba Anwar

Disturbed by the global price shocks caused by US/Israel-Iran War and the lingering insecurity plaguing our dear nation, the Deputy Senate President, Distinguished Senator Barau Jibrin, CFR, called for consistent prayers for the intervention of The Creator, The Almighty Allah.

It was his major urge for peaceful coexistence in the country, after consistent contributions to the security agencies in the last couple of years, as reflected in his special Eid-el-Fitr message after the completion of the Ramadhan Fasting period.

Part of the statement issued by his Special Adviser, Media and Publicity, Ismail Mudassir, reads, “The Deputy President of the Senate, Senator Barau I. Jibrin, has rejoiced with Muslims in the country on the successful completion of the Ramadan Fast, urging all to sustain prayers for global peace.”

Not only that, DSP Barau, as one of the leading principal officers of the National Assembly, alongside his distinguished senator colleagues, is doing everything possible to restore peace in the land. Sustained peace and tranquility, free from ethnic, political, sectional, or religious crises. His mission is peace, and peace is at the forefront.

His physical contributions to security agencies in his constituency, Kano North and the state in general, are testimonies to his commitment towards everlasting peace and tranquility. Is just like what I always say, not all security interventions need public attention. Because of their nature of high level of secrecy and confidentiality.

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Just recently the Deputy Senate President was involved in many regional and global engagements, with the view to promoting regional and global security through the formulation and implementation of viable economic integration and environment-friendly societies. Across nations of the Economic Community for West African States (ECOWAS), up to the platform under Commonwealth of Nations. He has been visible recently under these fora.

Understanding the fact that, legislation is not enough for bringing peace to the society, he uses his wealth of experience and political maturity, to strengthen an effort, however little, in my own estimation, of the Executive arm, by encouraging the President towards that angle, as the release says, the DSP “Commends Tinubu’s relentless efforts to stabilise Nigeria’s economy, tackle insecurity.”

Commending that, “President Tinubu has been up and doing in the fight against insurgency and banditry in the country. And we must all continue to accord him all the support needed to achieve this.” Further stressing optimism that, “President Tinubu’s directive for Security Chiefs to relocate to Maiduguri, following recent terrorists attacks, would help flush out the criminal elements.”

To add spiritual weight and touch to the entire process, he “… prayed to Allah SWT to accept the supplications, prayers, and good deeds of the Ummah during the blessed Month of Ramadhan.” Urging the, “… the Muslim Ummah to sustain the lessons of the Holy Month and to always reflect them in their daily activities, as enjoined by Prophet Muhammad, Peace Be Upon Him.”

Distinguished Jibrin’s humility and being humane, places him some inch above others. So also his hopeful attachment to the Will of our Creator. Hear him, “Glory be to Allah SWT for the successful completion of this year’s Ramadan, 1447AH. I wish to rejoice with fellow Muslims across the country. This is a period of joy and happiness, as well as a time to show appreciation to Almighty Allah.”

His love for peace and the dire need to spread peace, as against acrimonious relationship, he stresses that, “Let’s spread love and help people in need during and after the festive period.”

Anwar writes from Kano
Sunday, 22nd March, 2026

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