Promoted Content - Viewpoint - September 1, 2022

The parable of the Talents: BAT of Lagos vs PO of Anambra!

  1. By Ayodeji Oyewumi

“And ye shall know the truth, and the truth shall set you free”

I have decided to lay before all Nigerians the TRUTH, by making a comparative performance analysis of Lagos State under the eight years Bola Ahmed Tinubu administration, and Anambra State under the eight year of Peter Obi using the globally a claimed key development indicators. Please, walk with me.

The famous Biblical parable of the talents is one I love so much, and I because its lessons can be taught across all generations.

This is the first of a three parts comparative performance analysis series on the two administrations over the corresponding periods.

Considering the glaring disparity in economic status of the two states, a casual look might suggest to some people that this analysis is unfair to compare Lagos State with Anambra State. Maybe people having such sentiments are right, after all why would anyone compare. But there is no harm still doing the comparison using globally acceptable parameters.

Lagos State is reputed to be the Toast of Africa – from the Portuguese, to the British, to the locals and and Nigeria as a whole, everyone just want her Lagos.

Anambra State, on the other hand, was left in ruins after the civil war of the late 1960s (imagine what’s happening in Ukraine currently)

However, like the lessons taught in the parable of the talents, we still have to be accountable with the little we HAVE, if we want to be entrusted with more.

So, here we will be looking at the performance of BAT between 2003 a d and 2007), and PO between the 2007 and 2014) using key development indicators

Everything I will be sharing are verifiable facts from verifiable sources.
Below are growth indicators often used by development economist to access low-middle income countries, hence we will be using it here:
1.) Gross National Income per Capita
2.) Life Expectancy
3.) Human Development Index (HDI)
4.) Health Index
5.) Educational Index
6.) Income Index

My data source is from the renowned Global Data Lab (GDL) – an independent data and research centre at the Institute of Management Research, Radboud University, Netherlands
https://t.co/QiNTogrb6c

GDL started compiling data from 2003, hence BAT’s performance is evaluated from 2003

1.) Global National Income Per Capita

The Lagos State Government under BAT (2003-2007): In 2003, the GNI of the state stood at about N8.887billion, and in 2007 at about N9.218billion, a growth of 3.72%.

Lagos(2007-2014): In 2007, GNI stood at N9.218billion and in 2014 at N9.303billion, a growth of 0.92%.

Anambra(2007-2014): In 2007, the GNI of the state stood at N8.823billion, and in 2014 at about N9.220billion, a growth of 4.50% ✅

2.) Life Expectancy
BAT(2003-2007): In 2003, life expectancy rate in Lagos State stood at 55.40 years, and in 2007 at 56.80 pears, a growth of 2.54%.

Lagos(2007-2014): In 2007, life expectancy of Lagos State st at 56.81 years, and in 2014 at 58.21 years, a growth of 2.46%.

Anambra (2007-2014): In 2007, life expectancy stood at about 53.55 years, in 2014 at 58.97 years, a growth of 10.12% ✅

3.) Human Development Index (HDI)

BAT(2003-2007): In 2003, the HDI of Lagos State stood at about 0.610%, and in 2007 at 0.630%, a growth of 3.28%

Lagos(2007-2014): In 2007, the HDI stood at 0.630%, and in 2014 at 0.644%, a growth of 5.40%

Anambra (2007-2014): In 2007, HDI was at 0.569%, and in 2014 at 0.65%, a growth of 15.82% ✅

4.) Health Index

BAT(2003-2007): In 2003, the health index of Lagos State stood at 0.545%, and in 2007 at 0.566%, a growth of 3.85%.

Lagos(2007-2014): In 2007, 2021 it stood at 0.566%, and in 2014 at 0.588%, a growth of 3.89%.

Anambra(2007-2014): In 2007, the health index of the state stood at 0.516%, and in 2014 at 0.600%, a growth of 16.30% ✅

5.) Educational Index

BAT(2003-2007): In 2003, the educational index of Lagos State was about 0.645%, in 2007 at 0.634%, a DECLINE of -0.011%.

Lagos(2007-2014): In 2007, it was at 0.634%, in 2014 at 0.702%, a growth of 10.73%.

Anambra(2007-2014): In 2007, the educational index was at 0.560%, in 2014 at 0.686%, a growth of 22.5% ✅

6.) Income Index

BAT(2003-2007): In 2003, the income index of Lagos State was about 0.647%, in 2007 at 0.697%, a growth of 7.73%.

Lagos(2007-2014): In 2007, it was at 0.697%, in 2014 at 0.710%, a growth of 1.86%

Anambra(2007-2014): In 2007, the income index of the State was at 0.637%, in 2014 at 0.697%, a growth of 9.42% ✅

From the above six development indicators used in measuring public governance performance in low-middle income country, Anambra State under Peter Obi outperformed Lagos State of Baba Tunde Fashola and Bola Ahmed Tinubu in ALL criteria.

Factoring internally generated revenue (IGR), level of investments in Lagos State since the colonial days compared with the devastation of the civil war that affected Anambra State and the entire South Eastern part of Nigeria, it is safe to say Peter Obi administration of men and resources is in a league on his own.

So, comparing Lagos State with Anambra State in terms of the globally accepted developmental indicators is an INSULT to Anambra State under the leadership of Peter Obi.

As if that were not enough, let’s look at the departing gift Peter Obi presented to Anambra State compared to what Bola Ahmed Tinubu left for Lagos State.

To proof that Peter Obi’s education at Harvard Business School, Kellog School of Management, Oxford & Cambridge weren’t just for fun, in his handover note he left local and foreign denominated investment savings in billions of Naira and cash savings for the state as can be seen as attached and verified https://t.co/5G0HrXm6J1

As seen in one of the images, the investment had a MINIMUM of two years maturity period before the state can sell part of it for liquidity.

In the attached images, one can see how the government that succeeded Peter Obi generated funds from the investments he made on behalf of the state https://t.co/CXEZINVyys

 

These are funds, Peter Obi could have easily stolen, like many governors in Nigeria shamelessly do.

Show me any servant leader in Nigeria’s history, at least since 1999, who can compare with Peter Obi.

Meanwhile, he did all of this and still chose to deprive himself of ALL benefits and entitlements as an ex-governor, having refused to be receiving pensions and other benefits.

Contrast that with Bola Ahmed Tinubu, who left office with N27 billion in the treasury and a whopping N100billion debt for which his successor increased to over N400 billion.

https://t.co/He623KsX7s

https://allafrica.com/stories/200705170274.html

The self-serving leader also proposed huge renumeration in the form of a juicy package of pension, official accommodation and other for himself for life as seen in the image below.

Dear Citizens of Nigeria, this day life and death has been presented to you, choose life, that both you and your descendants may live.

Selah https://t.co/Pb8gi2ieGm.

Oyewumi, an entrepreneur and development economist, lives in Lagos

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