Daniel Richman: Halleluyah Kadosh

CC™ VideoSpective

Chimamanda Ngozi Adichie: Africa's cultural and literary icon

Chimamanda Ngozi Adichie

CC™ Opeditorial

By Yahaya Balogun

When a Muse is within my reach or vicinity, my literary antenna captures the precinct or perceives the Muse. When you have an insatiable quest for knowledge acquisition, the muse in talented and good people around infatuates your literary urge. I am an ardent adherent of the muse any day!

Chimamanda Ngozi Adichie makes us proud! She is one of our cultural icons and literary moguls in Africa! Chimamanda Ngozi Adichie received an honorary Doctor of Letters degree from Yale University during the university’s 2019 commencement ceremony. 

She got this deserving award one day after delivering the Class Day address. 2019 marked the first time in Yale’s history that the Class Day speaker would receive an honorary degree in the same year. Chimamanda is one of the muses and Nigerian cultural ambassadors to the world. Chimamanda represents one of the best in us in Nigeria and Africa.

On November 16, 2019, Chimamanda Ngozi Adichie received the Bookcity Milano prize during the Bookcity Literary Festival in Milan, Italy. She also appeared in an onstage conversation. Adichie's beautiful story in the United States and around the globe is being told beautifully in different forms by the world. And these effervescent forms transcend a single story being told by some Nigerians. But the deafening silence on her achievements by Nigerians is also very obvious.

Nauseatingly, why do we not celebrate the good ones among us? Why do the brown-envelope Newspapers in Nigeria, and social media hogwash us with naughty and noxious things? Why don't people rejoice with our collective achievements domestically and on the world stage? These are damning questions begging for honest answers! Chimamanda Adichie is not the Gucci-COZA, ELISHA ABBO, SYNAGOGUE, HERDMEN or RUGA. 

Chimamanda Ngozi Adichie is one of the representations of Nigeria's intellectual glory. Her achievements are cocooned in a meritocracy. Unfortunately, Adichie comes from the clime where mediocrity holds sway. Mediocrity always takes precedent over meritorious service in the homeland: the reason why Adichie wouldn't make any headlines in our brown-enveloped and hate-monger Newspapers in Nigeria. Nigerian passion for mediocrity is damning and alarming!

Meanwhile, Chimamanda Adichie is flourishing exceptionally in America's exceptionalism, abundant opportunities, and prosperity! The most glowing part of her story is her referential of Nigeria in all her expositions. She is a true patriot and amazon daughter of the soil of Nigeria. Adichie has a compendium knowledge and unique style in preserving Professor Chinua Achebe's literary encyclopedia. Some of our people stereotype Adichie for her beliefs in feminism and controversial academic presentations. Some Nigerian professors frown at her feminist postures, and uniquely essentials, but their inability to understand her multicultural intelligence and literary-know-how is bewildering and damning.

Interestingly, Chimamanda Ngozi's books have been translated into more than 30 different international languages. Her book Americanah made it to the list of the top best Barack Obama's 2018. Adichie is engagingly following the path of our cultural and literary giant---Prof. Chinua Achebe whose book "Things Fall Apart" has been translated to more than 50 international languages.

Chimamanda Adichie beautifies one of the human capital endowments we have known in Nigeria. It is unfathomable to see how unwilling Nigeria exports her best human resources (brains) to a willing world that utilizes them for its benefits. Nigeria is a reservoir of raw and untapped knowledge. The processed brains and other knowledgeable people currently residing in Nigeria are being abused and bastardized daily by the hostile environment. Jealousy, selfish motives and deliberate ignorance signal the hard times ahead of the country.

Consequently, Time actually heals! I hope time heals our people's self-hate, self-destruct and deliberate ignorance. There should be no burden in being critical about something or someone. But when you morph low to hate someone who is making progress because of his or her opinions on germane issues, you will need to make a critical visit to a psychologist for moral therapy.

While Chimamada's spiral self-made and talent are soaring high among the global academia, and in the international arena, her resenters are soaring deep in low-life of jealousy and confusion. Nigeria is a nation with abundant human capital. We are the number one exporter of human resources in the global world. Anytime I see Nigerians achieving a great feat in a competitive global community, my adrenaline-rush for our greatness always go beyond imagination and satisfaction.

Congratulations to Amazon Chimamanda Ngozi Adichie. She is one of our cultural icons and ambassador extraordinaire! Let's celebrate her brilliance, candor, confidence, grace, and resourcefulness. We are very pleased with Adichie, and also very proud of her great literary talent and achievements.

Crypto will ‘come to life’ in Nigeria, central bank governor says

CC™ Financial News

By Helen Partz

Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities.

At a 279th meeting of the Monetary Policy Committee in Abuja, Central Bank of Nigeria Governor Godwin Emefiele expressed confidence that cryptocurrencies like Bitcoin (BTC) will be legal in the country, Business Insider reported late last week..

Emefiele did not directly mention a decision to reverse the CBN’s February ban of institutions from buying and selling crypto but noted that the bank has been investigating the industry:

“We are committed in the CBN, and I can assure everybody that digital currency will come to life even in Nigeria [...] Under cryptocurrency and Bitcoin, Nigeria comes 2nd, while on the global side of the economy, Nigeria comes 27th. We are still conducting our investigation, and we will make our data available.”

Emefiele also said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities. “We found out that a substantial percentage of our people are getting involved in cryptocurrency, which is not the best. Don’t get me wrong, some may be legitimate, but most are illegitimate,” he said.

The banker also expressed concerns over the crypto market crash in mid-May, which has been largely attributed to Tesla’s decision to suspend Bitcoin payments for its cars and Elon Musk’s further criticism of BTC:

“We saw the market collapse. Initially, when Elon Musk tweeted around the time when we said our banking and payment facilities are no longer available for cryptocurrency transactions, and he tweeted that he will invest $1.5 billion, and the price went up. He now tweeted and raised a few concerns, and the thing plunged.”

The CBN did not immediately respond to Cointelegraph’s request for comment.

As previously reported, Nigeria has emerged as the biggest source of Bitcoin trading volume in Africa as of August 2020, also becoming one of the fastest-growing crypto markets in the world. According to data from Bitcoin P2P marketplace Paxful, Nigeria ranked second only to the United States in trading volume as of December 2020.

Amid the growing adoption of Bitcoin, Nigeria’s national currency, the naira, has been falling. “Bitcoin has made our currency almost useless or valueless,” Senator Sani Musa of the Niger East Senatorial District said in February. Following Emefiele’s latest remarks, the naira dropped 1.2% to near a three-and-half year low on the black market at the close of the week.

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CC™ VideoSpective

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CC™ VideoSpective

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CC™ VideoScope

$700m Sugar investment will end Nigeria’s importation – Dangote

CC™ PersPective

By Gift Oba

The President of Dangote Group, Aliko Dangote, has said the company is committed to ensuring that Nigeria ends the importation of raw sugar by “actively intensifying its execution of the Sugar Backward Integration.”

Dangote said the group has committed over $700 million to land acquisition, machinery, infrastructure, manpower, and other impactful activities to boost local production.

He spoke on Wednesday in Abeokuta, Ogun State, during the ‘Dangote Special Day’ at the ongoing 14th Gateway International Trade Fair.

Represented by Tunde Mabogunje, Regional Director, Lagos/Ogun, Dangote Cement, the industrialist maintained that Dangote Sugar, as a leading brand, has made a remarkable impact on Nigeria’s sugar sector.

He said: “The company is committed to ensuring that Nigeria ends the importation of raw sugar by actively intensifying its execution of the Sugar Backward Integration. In this regard, it has committed over $700 million to land acquisition, machinery, infrastructure, manpower, community relations, corporate social responsibility, CSR, and other impactful activities.

“Similarly, to support the government in food security, we are also investing in the agricultural sector. These agricultural products will soon be in the market.”

Speaking on the trade fair, he said, “Our expectations, therefore, are that through this trade fair, we will be able to expand awareness of our innovative products, generate sales, attract prospective buyers, improve the image of our brands, and open new markets that will further translate to job creation and overall economic development.

“We are confident that this longstanding partnership with OGUNCCIMA will not only be beneficial to both of us but also to Nigeria and, indeed, the African economy as a whole.”

Meanwhile, the Speaker of the Ogun State House of Assembly, Oludaisi Elemide, applauded Dangote Group for its various interventions and urged the company to improve its environmental friendliness.

DAILY POST

The Importance of Indigenous African Languages

CC™ VideoSpective

Sharia proposition in Southwest politically and ill-motivated – Ahmadiyya leader

CC™ PersPective

By Sivowaku Abiodun

The Amir and National Head of the Ahmadiyya Muslim Jama’at of Nigeria, Alhaji Alatoye AbdulAzeez has expressed concerns that recent discussions surrounding Sharia law enforcement in the Southwest might be driven by political motivations rather than genuine religious intentions.

The Amir stated this at a press conference on “World Crisis and the Pathway to Peace”, where he received the managing director of Muslim Television Ahmadiyya (MTA) International, Sir Munir-ud-Din Shams, at Ahmadiyya Muslim Jama’at headquarters in Lagos.

Alhaji AbdulAzeez described the comments as overly sentimental, clarifying that Sharia courts have long been established in the Southwest region.

He cited a Sharia court in Ojokoro as an example, noting recent disagreements on marital issues where individuals chose between customary and Sharia courts.

Alhaji AbdulAzeez affirmed that Nigeria remains a secular state, with Sharia courts serving only Muslims, adding that, “The Southwest is peaceful, with various religious groups living harmoniously. Sharia courts resolve issues between Muslims who opt to use them. No non-Muslim can be forced to adhere to Sharia law.”

He suggested that the recent discussions might be politically motivated, reiterating that Sharia has existed in Nigeria long before anyone began mobilising for crises and wars. According to him, this is a case of political Sharia rather than religious.

The Amir highlighted concerns over the wrongful application of Sharia such as stoning individuals to death for expressing themselves, which is a criminal offence under Nigerian law.

He stressed that Sharia courts in states like Lagos, Ogun and Kwara primarily handle marital and inheritance laws, not criminal offences.

Drawing from the recently published book by the worldwide head of the Ahmadiyya Muslim Community, His Holiness Hazrat Mirza Masroor Ahmad, Sir Munir-ud-Din Shams assessed the current world situation, describing it as a turbulent time marked by a continuing global economic crisis and alarming parallels to the period preceding the Second World War.

Leadership News

Flashback: Neo-Colonialism as the golden shackle: IMF declares 40% of African countries buried in debt..... Rich continent, poor masses

CC™ Global News

The Managing Director of the International Monetary Fund, Kristalina Georgieva, says 40 per cent of African countries are in debt distress. 

She described Africa as a continent of opportunities and one with many troubles, noting that the focus was to help countries have sound macro-economic policies, improve the investment climate and show it to the rest of the world.

"Africa is a continent of opportunities and what we are looking for is for this opportunity to be harnessed to the maximum. It is also a continent with many troubles; so, we have to be mindful of these risks especially security risks," she said.

Commenting on the debt levels of countries, the newly appointed IMF MD said, "Are we worried about debt levels in Africa? Yes, because 40 per cent of the countries have gone into debt distress levels.

"In some cases, we are concerned about that but in other cases, we see that investment is going to pay off over time.

"Take the case of Kenya, we advise Kenya to be more cautious in building debt but we have seen good macroeconomic policy in Kenya.

"In cases where debt is dangerous like Zambia, we do say you need to get a handle on your debt. In Ethiopia, we say you need to renegotiate some of your debts because it is non-concessional for things that should be on a concessional basis.

"One has to remember that debt on its own is not bad. It is bad when it goes with the wrong things and when it goes with the speed that the economy cannot handle."

Georgieva said countries that were experiencing higher growth rate had done so by borrowing for investments that could generate growth and eliminating red tape for local and foreign investors.

She said the IMF would hold a 'concentrated' meeting with African leaders in December to discuss debt sustainability.

Source: The Cable