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Dr. Usman’s Book Presentation Sparks National Reflection: Who Truly Owns Nigeria—the People or the Politicians

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By Mukhtar Yahya Usman

Former Minister of Finance and one of Nigeria’s most respected economic minds, Dr. Shamsuddeen Usman, on Saturday presented his latest book Public Policy and Agent Interest: Perspectives from the Emerging World to the people of Kano, in a powerful homecoming ceremony hosted at Bayero University Kano (BUK).

Though the book was formally launched in Abuja months earlier, Dr. Usman chose Kano his birthplace and the foundation of his public service journeyfor its first public presentation in Northern Nigeria.

The event gathered dignitaries including Academics, traditional leaders, students, and development professionals.

“This is more than a presentation,” he said in his keynote. “It is my way of returning home not just with memories, but with ideas that can serve our people.”

From Global Insight to Local Urgency

Dr. Usman, who began his journey in Kano’s Garangamawa quarters and rose to global influence through positions at the World Bank, the IMF, and Nigeria’s top economic posts, offered a brutally honest diagnosis of Nigeria’s stagnation: a failure of governance rooted in a betrayal of public trust.

He explained the concept of the principal-agent problem where those entrusted to serve (agents) begin to serve themselves instead, leaving the true owners of the nation (the principals the people) disillusioned and abandoned.

“This book is about the broken promise between government and citizens. What we call in Hausa, rashin rikon amana.”

Personal Reflections, National Realities

Drawing from his experience as Finance Minister, Dr. Usman recalled efforts to establish the Nigerian Sovereign Wealth Fund an initiative aimed at securing the country’s oil wealth for future generations but which faced fierce opposition from those driven by short-term political calculations.

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“That fight wasn’t just about economics. It was about values about choosing between national interest and personal interest.”

This tension between policy and politics, public duty and private gain, he argued, is the central theme of the book and a major factor in Nigeria’s persistent development failures.

The Local Cost of National Failure

Dr. Usman reminded the audience that this is not an abstract theory but a lived reality especially in places like Kano.

He highlighted the alarming number of out-of-school children, the decay of urban infrastructure, and the collapse of trust in public institutions, especially among young people.

“When our youths see a system that rewards connections over competence, they don’t just lose faith they lose direction.”

He described this as the greatest cost of the agency problem: not just bad roads or failed schools, but a generation that begins to believe mediocrity and corruption are the norm.

A New Development Bargain: The People Must Rise

Rather than dwell on the failures, Dr. Usman emphasized solutions.

The book, co-authored with renowned contributors including Dr. Yemi Kale and Emir Muhammadu Sanusi II, outlines a four-point development bargain aimed at restoring balance between the people and those in power:

1. Demand transparency – Citizens must insist on public access to data and government spending.

2. Challenge vested interests  Society must defend honest leaders and confront those who exploit the system.

3. Rebuild the social contract   Citizens must perform civic duties and demand quality services in return.

4. Engage actively   Everyone must act, speak, or at least reject injustice with their hearts.

He invoked a prophetic Hadith as a moral compass:

“If you see evil, change it with your hand. If not, speak out. If not, reject it in your heart that is the weakest of faith.”

A Foundation for the Future

The event also marked the public announcement of the Shamsuddeen Usman Foundation, established by his children and focused on education, health, and information technology.

“We cannot just criticize the past we must build the future. That is why this Foundation exists: to give our children the tools to lead.”

More Than a Book, a Call to Action

Dr. Usman closed by stressing that Public Policy and Agent Interest is not an academic exercise it is a civic manual for ordinary Nigerians to understand their power, reclaim their role, and demand better governance.

“This book is for you. It is a guide to demand the accountability and dignity every Nigerian deserves. Let us work together to mend this broken promise.”

As the applause resounded through the halls of BUK, the message was unmistakable: Nigeria’s destiny will not be shaped by its agents, but by the renewed resolve of its true owners the people.

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Independence Day: FG Declares October 1 Public Holiday

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By Yusuf Danjuma Yunusa

The Federal Government has declared Thursday, October 1, 2026, as public holiday to mark Nigeria’s 66th Independence Anniversary.

The Minister of Interior, Dr. Olubunmi Tunji-Ojo, announced the declaration on behalf of the Federal Government in a statement issued on Wednesday by Dr. Magdalene Ajani, Permanent Secretary, Ministry of Interior.

Tunji-Ojo congratulated Nigerians at home and abroad, describing the anniversary as an opportunity to reflect on the country’s journey since independence and its prospects for the future.

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He highlighted Nigeria’s human capital, natural resources and cultural diversity as key national assets, while stressing the importance of peace and stability to the country’s development.

The minister urged Nigerians to emulate the patriotism of the nation’s founding fathers and contribute to building a country that future generations would be proud of.

“As we celebrate 66 years of our independence, we should always remember that there is hope for our country and our diversity is our strength, and our collective determination remains the foundation upon which a stronger and more prosperous nation will be built,” he said.

Tunji-Ojo also called on citizens to use the celebration to promote unity, patriotism, peaceful coexistence and mutual respect.

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Dangote Sponsors Abuja Trade Fair, Features Refinery IPO

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From Left: Co-Founder/Group Executive, ABIS Group Dr. Illiyasu B. Gashinbaki; Deputy Vice President ACCI and former Minister of Foreign Affairs Dr. Aliyu Idi Hong; Cuban Ambassador to Nigeria Miriam Morales Palmero; Perm Sec Ministry of Special Duties and Intergovernmental Affairs Dr. Onwusoro Madura Ihemelandu; Dangote Representative of the Dangote Group Hashem Ahmed; President ACCI Chief Emeka Obegolu; Namibian High Commissioner to Nigeria Mr. Walde Natangwo Ndebashiya; and Mr. Abdulrazaq Sambajo of the Dangote Group, during a visit to the company pavilion at the 21st Abuja International Trade Fair...Tuesday.

 

Dangote Industries Limited (DIL), one of the sponsors of the 21st Abuja International Trade Fair, will spotlight the ongoing Initial Public Offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals (DPRP) during the company’s Special Day.

The Dangote Special Day, scheduled for Friday October 2, will feature a high-level fireside and business interactive session bringing together representatives of Dangote Group, government, the organised private sector and business leaders to examine the transformative role of the Dangote Refinery in Nigeria’s economic development.

According to the company, the interactive session will provide prospective investors, entrepreneurs, business operators and other participants with an opportunity to engage directly with representatives of Dangote Group and gain a better understanding of the refinery’s ongoing IPO and its broader economic significance.

The session, themed “Dangote Refinery, Vision 2030, ACCI and the Economy,” will examine the refinery’s contribution to Nigeria’s energy security, industrialisation, trade, employment generation, taxation and economic growth.

Particular attention will be paid to how increased domestic refining capacity can reduce Nigeria’s dependence on imported petroleum products, conserve foreign exchange, strengthen local value chains and create new opportunities for businesses across the petroleum, petrochemical, logistics, manufacturing and services sectors.

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The IPO will also feature prominently in the discussions, with participants expected to explore how the public offer can broaden participation in the ownership of one of Africa’s most significant industrial assets, deepen Nigeria’s capital market and provide eligible investors with an opportunity to participate in the country’s ongoing industrial transformation.

The fireside session will bring together senior representatives of Dangote Group, the Abuja Chamber of Commerce and Industry (ACCI), the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), government and the wider private sector.

The company said the session would also provide an opportunity to examine Dangote Group’s Vision 2030 and its implications for industrialisation, job creation, local content development, technology transfer, investment and economic diversification.

Beyond the fireside discussion, visitors to the Trade Fair will have the opportunity to engage with the Dangote Group at its pavilion, where the company will showcase a range of products and businesses spanning cement, sugar, salt and seasoning, packaging and other sectors.

Dangote Group’s sustained participation and sponsorship of the Abuja International Trade Fair reflects its continued support for platforms that promote trade, investment, entrepreneurship and stronger linkages between the private sector and government.

The 21st Abuja International Trade Fair, organised by the Abuja Chamber of Commerce and Industry, is expected to bring together hundreds of exhibitors, businesses, investors, policymakers and members of the public, providing a platform for networking, market access, investment promotion and business-to-business engagement.

The company said it looks forward to welcoming participants to the Dangote Special Day and its pavilion to explore the Group’s products, investment opportunities and potential areas of business collaboration.

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15th Emir Of Kano Condemns Destruction Of Governor Yusuf’s Banners, Orders Immediate Replacement

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15th Emir of Kano, Alhaji Aminu Ado Bayero, has expressed displeasure over the destruction of banners bearing the images of the Kano State Governor, Alhaji Abba Kabir Yusuf.

The 15th Emir’s Chief Councillor, Alhaji Aminu Babba Dan’agundi, Sarkin Dawaki Babba, disclosed this while addressing journalists, saying that the Emir had already directed that the damaged banners be repaired.

According to him, 15th Emir Bayero stressed that the traditional institution must remain above partisan politics, saying, “We are fathers of the people, not politicians.” He therefore appealed to the Emir’s supporters and well-wishers to avoid bringing partisan political activities into the affairs of the traditional institution.

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The Sarkin Dawaki Babba also conveyed the 15th Emir’s appreciation to the thousands of supporters men and women, youths and elders who demonstrated their love and loyalty by complying with the government’s directive and accompanying the Emir on foot to his residence at the Nassarawa Palace, despite the heavy rainfall and strong winds.

He said the 15th Emir had no adequate words to express his gratitude to the people for their show of love, patience and solidarity, adding that His Highness prayed that Almighty Allah would reward them abundantly.

The 15th Emir also urged his supporters to continue with prayers, as is customary, for peace, stability and progress in Kano State and Nigeria, as well as abundant blessings and prosperity for the people.

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