New Presidential Economic Team: What Agenda?

 By Marcel Okeke

Recently, to the chagrin and perhaps, bewilderment of most Nigerians, the President Muhammadu Buhari-led Federal Government inaugurated a ‘Presidential Committee on the National Economy’—just about 35 weeks to the end of the eight-year (two terms) tenure of the Administration. Truly, not a few Nigerians were stupefied by this ‘eleventh hour’ or ‘injury time’ move of the Government at the Centre—justifiably for numerous reasons. 

More surprisingly, for the first time in the over seven-year-long life of the Administration, Mr. President himself assumed headship of the economic team—and presided over its inaugural meeting on Friday, September 9, 2022. About the same time, the National Economic Council (NEC), putatively headed by the Vice President, was reportedly ‘rushing out’ a National Social Protection Policy (NSPP)—to be ratified and approved ‘soon’ by the Federal Executive Council.

*Buhari and Finance Minister Zainab Ahmed

At the inauguration of the new Presidential Economic Team, President Buhari said: “this Committee will provide our nation an opportunity to be bold, more proactive, and innovative in tackling persistent challenges”, adding that “the work with which I have tasked the assembled team will enable us respond more swiftly and efficiently.” 

Prof. Pat Utomi @ 60

A Quintessential Scholar and Entrepreneur!

*Utomi

By Jossy Nkwocha

Since the middle 80s when I covered the Industrial Sector for Vanguard Newspapers as a rookie reporter, I have always seen Prof. Pat Utomi as a man to emulate. He was then the Chief Operating Officer and Acting Managing Director of Volkswagen Nigeria Limited. He was only 30 when he assumed that responsibility in 1986. That was after spending few months as the company’s Assistant General Manager, Corporate Affairs.

These past 30 years, therefore, I have tried to study this phenomenon called Patrick Okedinachi Utomi, who was born on 6th February, 1956 to Ibussa parents of Oshimili North Local Government Area of Delta State.

He is a mentor and role model for many Nigerian youths, many of whom have benefited from his youth programmes at the Centre for Values in Leadership (CVL), Victoria Island, Lagos, which he founded. The Centre also celebrates people who have achieved high successes in various areas of life, and uses them as a case study for younger ones to learn and grow.

Pat Utomi is also a quintessential scholar – right from his undergraduate days at the Jackson School of Journalism, Mass communications department, University of Nigeria, Nsukka, where he graduated in 1977; to his graduate school at Indiana University, Bloomington, Indiana, USA, where he obtained his Ph.D, and later co-founded the Lagos Business School and Pan Atlantic University; and appointed professor of political economy.