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tyro

Oct 17, 2018 • 12 tweets • 4 min read

Do you know why you’re suddenly hearing so much noise about PTAD and Pensions? As Martin Luther famously said when he nailed his 95 theses to the church door

Issa thread

Do you remember the name John Yusuf? That’s the guy (along with others) who stole N33bn Pension money and the judge handed him an unbelievable N250k fine in 2013 premiumtimesng.com/news/117599-di…

That pension money was quite easy to steal because it related to unfunded defined benefit pensions. The money was simply released to MDAs as part of their normal salaries. But since the pensioners were not in the office, stealing it was dead easy

To stop all this, NOI then created PTAD in 2013 to handle those pensions directly. She hired one Canadian-Nigerian woman called Dr. Nellie Mayshak who has implemented reforms in Liberia, Ghana, South Africa and Canada newswire.ca/news-releases/…

Under her, PTAD did a LOT of work verifying, doing biometrics and weeding out ghost pensioners. Don't believe me? Read this 2015 report by Bill and Melinda Gates Foundation on PTAD dropbox.com/s/rddr181lrk00…

Unfortunately for her she made one big mistake - because she was a professional, she did not tweet her work and share photos. See her twitter account - first time she tweeted was in 2017 after she left office

What did APC do when they came into office. Kwarapshun! In their usual gra gra, they suspended her for 8mths, then probed and grilled and flayed her. And after 8 months? They quietly apologised when they found nothing thenationonlineng.net/%e2%80%8efg-cl…

So why the noise now? The answer is simple - the person APC replaced her with - Sharon Ikeazor - is a politician. She had a private sector career but since 2011 she has been full time politics and was APC women leader before this job

Don’t let this surprise you. Recall that APC replaced Mobola Johnson - who obtained a doctorate from Cranfield while ministering to the tech community - with Bayo BullShittu- a career politician who has been on strike for a year and is currently on the run from NYSC.

This is why you’re now seeing photos of dirty files on twitter and all sorts of nonsense like this stupid poster that could only have emerged from the mind of a Buharideen. “Countdown to N22.68 Billion Naira” WTF??

After spending 3yrs in office erecting graven images to their leader Buhari and the rest of the time vandalising the economy and declaring war on fancy dresses and chocolates, they’re now running helter skelter looking for achievements to claim

APC is an intellectual what?

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tyro

@DoubleEph

Oct 16, 2021

This is incredible. I’ll come back to it once I’ve picked my jaw off the floor premiumtimesng.com/news/headlines…

There’s the fairly standard type of corruption - inflated contracts, collecting a bribe to award a contract or awarding contracts to your cronies. Nothing new about all of this and a country can even progress with them

What is new - at least to me - is this type of corruption. It goes something like this - a very senior person in govt knows that the govt has signed a very bad deal somewhere and is this vulnerable to legal action

Read 6 tweets

tyro

@DoubleEph

Aug 18, 2021

Everyone talking about how tech startups in Nigeria should have better government relations in the face of the current regulatory onslaught are really not addressing the issues which make operating in Nigeria a major disadvantage

In how many countries will the central bank hire a former attorney general to go after a 2yr old startup that is doing a couple of million dollars in revenues and is probably not yet profitable? Why should a company like that have to worry about govt relations?

These are tiny companies. There is no guarantee at all that they will be successful or even still alive in 10yrs. But success or not, at the time you’re still trying to figure out your business model and survival, you have to deal with hostile regulators. *That* is a disadvantage

Read 5 tweets

tyro

@DoubleEph

Jun 27, 2021

I want to rant about football. No, not the beautiful game we all watch on TV. Something else I find increasingly disturbing as my kids get older. I wonder if the way the sport is structured is worsening whatever racial/class divides we have in this country.

Someone’s probably done some research on this but I’m too lazy to find it so I’ll just use anecdotes. Both my boys played in tournaments this weekend (loads of them now over the summer). Now we are getting text messages about signing up to some premier league clubs’ academies

Now, my views have been shaped by reading this some years ago so I’m not falling for that. In a competition between football and education; I will do everything within my power to ensure football loses for my kids. And it IS a competition. Constantly

Read 17 tweets

tyro

@DoubleEph

Jun 24, 2021

“In 2018 he [Xi Jinping] talked again about the Soviet party’s collapse, noting that, with just 2m members, it had defeated Hitler, but with 20m it had lost power. “Why? Because its ideals and beliefs had evaporated.” economist.com/special-report…

This special report on the CCP's centenary is really good. I'll say Xi Jinping is currently the most focused/determined/energetic major world leader. Even after a decade in office, his energy does not appear to be dimming. Some interesting excerpts...

The CCP was already very hard to get into. He has made it even harder

Read 7 tweets

tyro

@DoubleEph

Apr 3, 2021

@mrianleslie

This is very good by @mrianleslie. In particular, the paragraph that teases out the generational differences between the report’s authors and today’s activists ianleslie.substack.com/p/elite-wars

I’ll add that the report’s recommendations will be fairly popular with ethnic minorities themselves and if the govt implements some of them seriously, they will make a dent in some of the actual problems that prompted the commission in the first place

No one commission can solve all the problems that need solving. And yes, not all problems can be solved by the govt. But a simple test is to ask anyone who is very much opposed to the report to state which of the recommendations they don’t like and what they’d replace it with

Read 4 tweets

tyro

@DoubleEph

Apr 1, 2021

My lukewarm take on the government’s race report is that cultural pessimism is probably underrated the discourse around disparate outcomes among ethnic minorities.

The disparities highlighted between black Caribbean and black Africans really makes me wonder - I know it’s true now but what happens with my kids? And their kids? Britain is not a racist country (don’t bother trying to convince me otherwise, I’m not interested) but....

For all that I really like this country, I’ve made a decision to inoculate myself against the one part of British culture I absolutely cannot abide - the relentless pessimism of British people. (That and potatoes). If I spend the rest of my life here, I’m never buying into that

Read 12 tweets

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