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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

2027 Election : Kano Speaks, As DSP Barau Promises Victory For Tinubu, Gov Abba

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By Abba Anwar

In Kano politics, definitive statements can only be made by individuals with high caliber, political sophistication, quality skills, strategic positioning, and genuine intentions, who can forecast outcomes. These qualities are visibly evident in the political arithmetic of the Deputy Senate President, His Excellency, Distinguished Senator Barau I Jibrin, CFR, who also doubles as the First Deputy Speaker of the ECOWAS Parliament, asserting his global relevance and influence.

As a show of solidarity and unwavering support for President Bola Ahmed Tinubu, GCFR, and the Governor of Kano State, Abba Kabir Yusuf, ahead 2027 general election, Distinguished Senator said it publicly that, “We are united and focused. Kano… will stand firmly behind President Bola Ahmed Tinubu and Governor Abba Kabir Yusuf. Our structure is intact, and we will work tirelessly to ensure their victories.”

At a stakeholders meeting held at his constituency, Kano North, it was glaring to all, as he mentioned that, “Stakeholders of the All Progressives Congress (APC) in Kano North Senatorial District have reaffirmed their total commitment to delivering overwhelming votes for President Bola Ahmed Tinubu, Governor Abba Kabir Yusuf and the Deputy President of the Senate, Senator Barau I. Jibrin, in the 2027 general elections.”

As stated during the meeting, His Excellency, DSP, appears to be in total support for internal cohesion and mutual understanding between the traditional All Progressives Congress (APC) and Governor Yusuf with his people who recently joined the party. He practically believes that, democracy should first be strengthen within the party structure.

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Hence, the need for tolerance, commitment to party’s survival and development, and above all supporting the state government to reach the promised land.

All indications, from DSP’s recent political engagements in the state, are geared towards politics without bitterness, strong internal structures, promotion of good governance, full blown support for Governor Yusuf and protection of Kano’s interest through the state structures. From state to federal
Bottom to up. And vice versa. In other words, the Distinguished Senator is well positioned to be the flagship of the Governor and the government of Kano State. No two ways about it.

What happened during the event, is a clear indication that, Senator Jibrin is not only a bridge builder between old APC members and the newly recruited ones, into its fold, but a messiah at the same time. To him, all the many years APC members and the newly joined ones, are the same in terms of enjoying political goodies, proper care and management.

He donated 26 cars, 141 motorcycles to 13 Local government Chairmen, Vice Chairmen, Councillors and Secretaries of his Kano North Senatorial District. The donation was witnessed by party leaders, elected officials, and grassroots politicians. Who unanimously put heads together to startle the consolidated unity. While strategizing party survival and continuous dominance as build-up to 2027 elections.

Justifying his donations, he emphasized to the hearing of all that, “Our Chairmen, Vice Chairmen, Councillors, and Secretaries are the engine room of our political structure. Supporting them means strengthening our base. With unity and proper mobilisation, Kano North will deliver landslide votes in 2027.” Assuring same for other two Senatorial Districts, Kano Central and Kano South.

What interests many at the event was when he assured that, “By God’s grace, we will deliver landslide votes for President Tinubu, Governor Abba and all other candidates of our party, APC

Unity, unity and unity, is the slogan of the DSP these days. The slogan was there evidently heard in the past. But in recent time, the slogan becomes more amplified and musically echoed. He always believes that, unity of purpose remains the hardest corridor to electoral victory.

An overwhelming standing ovation filled the air when he appealed all party members, from all sides of the pentagon to crush aside past differences. Urging that, “We need to work collectively, in fact we must work collectively towards a common goal.”

His passion for securing victories for the state and federal governments in 2027 drives him to tirelessly campaign and strengthen support for Governor Yusuf and President Tinubu. He continually promotes, refines, and solidifies this agenda.

Anwar writes from Kano
Sunday, 15th February, 2026

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Opinion

Murtala Ramat Mohammed: Power with a Conscience

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General Murtala Muhammad

 

By Lamara Garba Azare,

There are men who pass through power and there are men who redefine it. Murtala Ramat Mohammed belonged to that rare breed who carried authority lightly and carried conscience heavily. He was a comrade in uniform, a patriot in spirit, a true son of Africa whose love for this nation was not performed for applause but proven through action.

He rose to lead the most populous Black nation on earth, yet power never altered his posture or polluted his character. He remained simple in conduct, measured in speech and humble in lifestyle. He never allowed the office to swallow the man. While others would have embraced sirens and spectacle, he chose restraint. His convoy moved without blaring horns. He obeyed traffic lights like every other citizen. He respected traffic wardens as custodians of public order.

There is that unforgettable moment when a traffic officer, having recognized his car, stopped other motorists to allow him pass. The General was displeased. The warden was punished for denying other road users their right of way, and his driver was sternly warned for attempting to move against traffic. In that simple but powerful incident, he taught a nation that no one is above the law, not even the Head of State. Leadership for him was not exemption from rules but submission to them.

His humility went even deeper. Often, dressed in private attire, he would visit markets quietly, blending into the crowd to ask about the prices of food and daily commodities. He wanted to feel the pulse of ordinary Nigerians. He wanted to understand how families were coping. He believed policies should not be crafted from distant offices alone but from lived realities. That simple habit revealed a leader who listened before he acted and who measured governance by the condition of the common man.

When he assumed power in 1975, he did so without plunging the country into bloodshed. In a continent where coups often left painful scars, his intervention was swift and calculated, aimed at correcting a drift rather than destroying the state. It reflected firmness guided by restraint. He was a soldier, yes, but one who understood that strength without humanity is weakness in disguise.

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In barely six months, he moved with urgency that startled the establishment. Files that once gathered dust began to move. Decisions were taken with clarity. He restructured the civil service in a bold attempt to restore efficiency and discipline. He initiated the process that led to the relocation of the capital to Abuja, a decision born of foresight and national balance. He confronted corruption without apology and made it clear that public office was a trust to be guarded, not an opportunity to be exploited.

His voice on the continental stage was equally resolute. When he declared that Africa has come of age, he was not uttering rhetoric. He was announcing a shift in posture. Nigeria under his watch stood firm in support of liberation movements and insisted on African dignity in global affairs. He believed that this continent deserved respect earned through courage and self confidence.

Then, just as the nation began to feel the rhythm of disciplined governance, tragedy struck on February 13, 1976. Bullets interrupted a vision. A country stood still in shock. Africa mourned one of its brightest sons. He had ruled for only a short season, yet the weight of his impact surpassed the length of his tenure.

Perhaps if he had remained longer, Nigeria would have charted a different course. Perhaps institutions would have grown around principle rather than convenience. Perhaps accountability would have become culture rather than campaign language. We can only imagine. But what cannot be imagined away is the moral clarity he represented.

Today, when citizens speak about abandoned ideals and weakened standards, his memory returns like a measuring rod. When convoys roar past traffic lights with entitlement, his quiet obedience becomes a silent rebuke. When policies lose touch with the marketplace realities of ordinary people, we remember the Head of State who walked into markets in simple clothes to ask the price of garri and rice.

He was not perfect, but he was purposeful. He did not govern to decorate history books. He governed to correct a nation. He detested corruption because he understood the damage it inflicts on the weakest citizens. He valued humility because he knew that power is fleeting but accountability before Almighty Allah is eternal.

Nigeria lost more than a leader. Africa lost a rare gem whose patriotism was sincere and whose heart beat for the dignity of his people. We pray that Allah grants Murtala Ramat Mohammed Aljannatul Firdaus and illuminates his resting place. We pray that his sacrifices count for him in the hereafter. And we pray that Nigeria rediscovers the discipline, courage and sincerity that defined his brief but remarkable stewardship.

Some leaders occupy office. Others transform it. Murtala Ramat Mohammed transformed it. His six months continue to echo across five decades because they were anchored in conviction and service.

Until Nigeria fully embraces integrity in leadership, until Africa truly stands in the maturity he proclaimed, his story will remain both our inspiration and our challenge. His life reminds us that greatness is not measured by duration in power but by depth of impact, not by noise but by noble action, not by privilege but by principle.

He came, he led, and though he left too soon, he still speaks through the standard he set.

Lamara Garba Azare, a veteran journalist writes from Kano

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Opinion

Kwankwaso/US Congress And The Jow Jow With Jungle Justice-Bala Ibrahim

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Head Of Kwankwasiyya Movement and former Governor of Kano,Engineer Rabiu Musa Kwankwaso

 

By Bala Ibrahim.

The ambition of the justice system, as highlighted in the law books I read, is to maintain social order and public safety by enforcing laws, upholding the rule of law, and resolving conflicts fairly. It acts to protect individual rights, provide justice for victims, punish offenders, and rehabilitate criminals to prevent future offenses. I am not a lawyer, but having practiced journalism for decades, I am very conversant with the meaning of the word, fair. Fair hearing, fair trial, fair presumption and fairness in the resolution of conflicts. By my understanding, the best process of resolving conflicts should involve peace or peaceful and mutually satisfactory solutions, through listening to the parties and negotiating with them in order to find a comprise or address the root causes of the problem. Ultimately, and without engaging in emotion, the goal is to reach a solution that satisfies all parties. That way, you arrive at a “win-win” situation, thereby avoiding conflict.

America’s status, as the beacon of human rights, justice and democracy, is being contested, because of its regular prioritisation of interests over values. This deliberate bias of interest is making the meaning of fairness ridiculous. And by extension, putting a question mark on the historically projected position of the United States, as the beacon of justice and fair play. As I write this article, some American lawmakers have introduced a bill to the US Congress, seeking to impose sanctions on the former Governor of Kano state and former Minister of Defence, Sen. Rabiu Kwankwaso, over allegations of violations of religious freedom. To the best of my knowledge, no one made attempt to hear from Kwankwaso. According to the provisions of the bill, Kwankwaso is identified as one of the individuals contributing to systemic religious “persecution of Christians that has persisted” in Nigeria.

Let me start by putting the records straight. I am not a supporter of Kwankwaso. We belong to different political parties and we have differences in ideological beliefs. But our differences not withstanding, I am totally in disagreement with the position of those behind the bill that is seeking to sanction him. It is wrong, very wrong and brazenly in conflict with the meaning of fairness. Even the local and international observers of events that are unfolding in Nigeria, would vehemently disagree with that claim. Kwankwaso can be crucified for some sins, political sins, but to implicate him in religious persecution is not only ridiculous but loudly laughable. Anyone familiar with Kwankwaso, knows that he doesn’t belong to the class of people engaged in religious fanatism. Far from that. It is probably an attempt by the powerful, to give the powerless a bad name, in order to hang him. And that smells like a jow jow with jungle justice, I think.

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It reminds me of that old book, written by George Orwell, called the Animal Farm. The famous line from the book says, “All animals are equal, but some animals are more equal than others.” For some reasons, today, America is acting like a country that is in the script of George Orwell’s Animal Farm. The Animal Farm was written based on the Russian Revolution concept, by showing how those in power can be corrupt and how they can oppress the people they’re supposed to help. In todays world, the “Almighty” America is playing the bully, by hurting or attempting to hurt or frighten, some people or countries, so as to force them to do something that they do not want to do. Nigeria has since fallen into the category of those victims. And now, attempt is being made to unjustly, add the name of Kwankwaso.

It is heartening to hear that his movement, the Kwankwasiyya movement, through the NNPP’s National Publicity Secretary, Ladipo Johnson, had issued a statement, describing the whole thing as a blackmail. “The months before the latest development, Kwankwaso had openly reacted when President Donald Trump re-designated Nigeria as a Country of Particular Concern over alleged religious persecution. Kwankwaso cautioned against what he described as oversimplified characterizations of Nigeria’s internal challenges. Kwankwaso stated that it was important to emphasize that our country is a sovereign nation whose people face different threats from outlaws across the country.”-Johnson.

Indeed America is acting according to the 7 rules in the Animal Farm, which goes thus:
1. Whatever goes upon two legs is an enemy.
2 Whatever goes upon four legs, or has wings, is a friend.
3.No animal shall wear clothes.
4.No animal shall sleep in a bed.
5.No animal shall drink alcohol.
6.No animal shall kill any other animal.
7.All animals are equal, BUT some animals are more equal than others.

I cant talk about MACBAN and the two others, whose names appeared alongside that of Kwankwaso, but despite my political disagreement with him, I can attest to the religious tolerance of Eng. Rabiu Musa Kwankwaso. So, the US Congrees men should put on their thinking caps, and know that the name to put in there, is not Kwankwaso.

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