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The Brexit Nightmare ByReuben Abati

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What has the United Kingdom just done to itself, its people and the future of its self? It is difficult to fully understand why a country in taking a decision about its future will decide on a false option that seems to negate long-term interests.
And this, just because a total of 17.4 million people out of over 61 million chose to vote against the United Kingdom’s continued membership of the EU. More than 50% of these pro-Brexit voters are actually between the age bracket: 50-70, thus an ageing class of voters has taken a decision to undermine the future of the younger generation.
Pro-EU Prime Minister David Cameron said he was “courageous and optimistic ” when in January 2014, he tried to justify the need for a referendum.
His words then: “ I think the overwhelming majority of the British people say they want to be in Europe but they want some changes to the relationship and they would like to be given a say. It is not something that we should be frightened of. It’s something we should embrace.” Cameron is now a study in political miscalculation and how over- confidence can make a political leader misread the people’s moods and expectations. He has been praised for his “courage” in quickly accepting the people’s verdict and for tendering his resignation, but I guess he won’t possibly be talking about courage. He must be full of regrets for presiding over the United Kingdom’s exit into a nightmare. Britain is better off remaining in the EU. But on June 23, 2016, the people of Great Britain spoke and their verdict has been accepted as the status quo, except a miracle happens and the current petition by the pro-EU protesters results in a second referendum. As things stand, the people have rejected continued membership of the European Union. The implication is that the majority of the people believe that the United Kingdom is better off on its own. What is quite clear is that this British exit (Brexit) is more about the rise of xenophobia, bigotry and isolationism. It is not new. Britain has always looked backward and in-out in the course of its membership of the EU, oscillating between its commitment to a greater Europe and the need to preserve British identity and sovereignty.
The British public mind has been driven in recent years by loud, perpetual carping about too much control from Brussels, and the
need to project Britain first. The ultra nationalists nursed fears about their great country becoming a colony within a EU empire. They are uncomfortable with the apparent globalization of British demographics, turning Britain into a country of many racial colours, with the influx of so many immigrants who are empowered by EU laws to be free citizens of a united Europe. The call for a referendum on this matter has now given the Brexiteers, who jus want their country to be left alone by outsiders, the opportunity they have always wanted. PM Cameron apparently underestimated their resolve. The Leave EU activists campaigned more vigorously, and deployed every possible means including blackmail and sentiments. They had the vibrant support of many political leaders including former London Mayor Borns Johnson, Michael Gove, and fire-eating UKIP leader, Nigel Farage. In the event of an intense campaign that divided the country right down the middle, we witnessed the mainstreaming of xenophobia and bigotry. Labour MP Jo Cox who was murdered by an irate Eurosceptic for her pro-EU stance will be remembered as the symbol of how a straightforward, for or against, political debate turned into hate campaign and a national referendum became an act of terror. There are many lessons to be learnt from this instructively low moment in Britain. What has happened is actually a referendum on the British establishment and the EU. The EU faces a crisis requiring urgent introspection and reform of its processes, if it must continue to serve its purpose. Britain is not the first country to avoid membership of the EU but whereas countries like Switzerland and Norway can hold out on their own, Brexit comes at great cost to the British. At hand is the triumph of emotions over reason, and the triumph of right wing populism. In many countries of Europe and even at the moment in the United States, the ultra-conservative political bloc seems to be in the ascendancy. Questions are being asked about regional integration and globalization. The basis for this is largely the manner in which regional groupings such as the EU disappoint the people. This is made worse by the failure of the leadership elite and sitting governments. When people are not happy with their governments or their circumstances,
they are ready to make any choice that looks like an alternative. Opposition and anti-establishment politicians understand this game too well.
All they need to do is to demonize the establishment, tear the government of  the day into pieces, call names and tell the people that the time has come for change. Those who claim that they best know how to save a nation, armed with populist rhetoric in an election time, and have the best support of the people, in the long run stand a better chance of winning. Democracy in that fashion is a play-field of emotions, not facts. It is the same scenario that made Bernie Sanders so popular in the recent Presidential nomination process in the United States, and also led to the emergence of Donald Trump as the presumptive Republican Presidential candidate. Political leaders who don’t want sad outcomes only have to provide good leadership and meet the people’s
expectations. It is also clear that democracy may not produce rational outcomes in so far as it awards triumph on the basis of percentages: in Brexit, the difference is just 4%, 58-42, but the rule of the game is that majority carries the day, and as in most cases, the winner takes it all. But should the economic and political destiny of a people be determined in such formulaic manner?
Brexit has left the United Kingdom in a more divided shape that it was before the referendum. The entire country is in turmoil.
The taste of change doesn’t quite seem so sweet anymore, less than 72 hours after the vote. Young Britons may no longer be able to
move freely across Europe and the experts have predicted rising costs and expectations and greater economic hardship. If Brexit
stands, more than half of the population will be thrown into a winter of discontent, wondering why just about 1.3 million voters
(17.4 million (for), 16.1million (against) should have been allowed to mislead a country. Many Britons will no longer be able to find jobs so easily across Europe. Hyperdemocracy has resulted in British discombobulation. But that is democracy: it includes the people’s right to make mistakes, that is – the right of the simple majority to make mistakes at the expense of the minority, who may have lost the vote due to poor turn out or other matters of logistics. Leadership counts. The truth is that the leadership elite in Britain has also not always being too clear about where Britain should stand in relation to the rest of Europe. Even the pro-EU political leaders do not really object to Britain holding on to its national currency, the Pound, as opposed to the Euro, and Britain opting out of the idea of being a Schengen border. Britain also did not join the European Economic Community until 1973, 16 years late. Two years later, there was an exit referendum similar to this one, won by the pro-Europe campaigners. Nothing forecloses the possibility of another referendum in the not too distant future to reverse the present decision. What has happened isperhaps all correctly British, in the final analysis: a nation yet to come to terms with certain odern realities, caught between nostalgia and the future. This is precisely what the copycat plebiscites should understand, particularly in Africa where some commentators have been saying that some African countries on account of Brexit may begin to raise question about the relevance of the African Union. The AU is modeled after the EU and it receives substantial funding support from it, but it has not been as remotely relevant in addressing the people’s expectations. In my opinion, there is nothing to fear in terms of a copycat effect in Africa; most Africans are
indifferent about the AU anyway, they are not even aware of its existence. But as most development aid received by African countries come from the EU, this may be negatively affected with the exit of a major country like Britain, and a post- EU Britain may also be compelled to adjust its trade relations, immigration rules, and development support for countries in Africa. This, I think, is all there is to it at this end. Closer home, the more strident call is for a referendum on the Nigerian union. In the last few days, I have for example, seen a strange Nigerian invention called “Biafrexit”. This must be a joke, symbolically thrown up by those who must know that no Nigerian government will allow such a vote. The Brexit vote was not about disintegration, even if Scotland is now insisting on its independent right to be part of the EU; rather the vote was more about national and economic identity. Nigeria is
still at the level of debates: we can hold as many conferences as we like, adjust the Constitution at mutually agreed terms, but a
referendum that could lead to the dissolution of this country is not what we need, and it is certainly not the lesson from Brexit.

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Tinubu Orders EFCC to Channel Recovered Funds Into Student Loan Scheme

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President Bola Ahmed Tinubu has directed the Economic and Financial Crimes Commission (EFCC) to channel funds recovered from financial crimes into Nigeria’s student loan scheme.

The directive is part of the Federal Government’s efforts to strengthen financing for students and expand access to higher education across the country.

The President gave the directive during a meeting with senior officials involved in the administration of the student loan programme, according to a report by THISDAY.

 

Recovered Funds to Support Students

Under the directive, funds recovered by the EFCC through its financial-crime investigations are expected to be transferred into the student loan scheme.

The move is intended to provide additional resources for the financing of eligible Nigerian students who require financial assistance to pursue tertiary education.

The student loan programme was introduced by the Federal Government as part of efforts to reduce financial barriers to higher education.

 

Tinubu Pushes Wider Access to Education

The President has repeatedly identified education and human capital development as important components of his administration’s agenda.

The student loan scheme is designed to enable students to access funding for tuition and other approved educational expenses, with repayment structured after beneficiaries complete their studies and begin earning income.

By directing recovered proceeds into the programme, the administration hopes to create an additional funding stream without relying solely on annual budgetary allocations.

 

EFCC’s Role in the Programme

The EFCC is responsible for investigating and recovering proceeds linked to economic and financial crimes.

The President’s directive effectively links some of those recovered resources to a social investment programme focused on education.

The move could also strengthen public confidence in the recovery of illicit funds by demonstrating how recovered assets can be redirected towards programmes that directly benefit citizens.

 

Student Loan Scheme Remains Government Priority

The Federal Government has continued to expand the student loan programme as part of its broader education reforms.

The initiative is expected to support students from financially disadvantaged backgrounds and reduce the number of young Nigerians unable to pursue tertiary education because of financial constraints.

Tinubu’s latest directive signals an intention to use recovered public resources to support the sustainability of the programme.

The administration is expected to provide further details on the amount to be transferred, the implementation process and how the recovered funds will be deployed to beneficiaries.

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Taiwo Hassan ‘Ogogo’ to Be Buried Monday in Hometown Ilaro

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The remains of veteran Nollywood actor Taiwo Hassan, popularly known as Ogogo, will be laid to rest on Monday, August 24, 2026, in his hometown of Ilaro, Ogun State.

The burial arrangements were announced following the actor’s death on Sunday at the age of 66. His death was confirmed by his daughter, Kira Taiwo, and a family friend.

According to the burial arrangements, Ogogo’s remains will be taken to Ilaro, where a lying-in-state ceremony is scheduled to take place before his burial on Monday.

A separate announcement by the Ilaro Muslim Community indicated that the burial prayer for the late actor will take place at the Asade Agunloye Pavilion Ground in Ilaro at 10 a.m. on Monday.

The development follows an emotional outpouring of tributes from colleagues, friends, fans and members of the Yoruba film industry following the news of his death.

Ogogo had been battling stage-four cancer in the weeks preceding his death.

Earlier in August, his daughters, Lima and Kira Taiwo, publicly appealed for medical assistance, revealing the severity of his condition and seeking help from hospitals and cancer specialists.

The family had initially dismissed reports of his death when rumours circulated online on August 18, urging the public to disregard the unverified reports.

He was later confirmed dead on Sunday, August 23.

Ogogo was one of the prominent figures in Yoruba-language cinema, with a career spanning more than four decades.

He worked as an actor, filmmaker, producer and screenwriter and became widely recognised for his performances in indigenous Nigerian productions.

His career included appearances in films such as Omo Ghetto, Anikulapo and Anikulapo: Rise of the Spectre, among numerous other productions.

His contribution to Yoruba theatre and Nollywood earned him respect from colleagues across different generations of the Nigerian entertainment industry.

News of Ogogo’s death has triggered tributes from prominent members of the Nigerian film industry, who have described his passing as a major loss to Nollywood.

His long-time colleagues and friends, including veteran actors who worked alongside him for decades, have continued to mourn his contribution to the industry.

As the entertainment community prepares to accompany him on his final journey, attention will turn to Ilaro on Monday for the burial rites of one of Yoruba cinema’s most recognisable veterans.

Taiwo Hassan ‘Ogogo’ was 66.

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US Lifts 12-Year Security Restriction on Nigerian Vessels — Oyetola

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The United States Coast Guard (USCG) has lifted a 12-year-old Condition of Entry (CoE) imposed on vessels arriving in the United States after calling at Nigerian ports, Minister of Marine and Blue Economy Adegboyega Oyetola has announced.

The development ends a regime of additional security requirements that had affected vessels operating between Nigeria and the United States since June 25, 2014.

Under the former arrangement, vessels heading to the US that had visited designated Nigerian ports within their previous five port calls were subjected to additional security measures and enhanced scrutiny before being allowed into American waters.

Oyetola said the decision followed significant improvements in Nigeria’s maritime security system and its implementation of the International Ship and Port Facility Security (ISPS) Code.

The minister credited the achievement to collaboration between the Federal Ministry of Marine and Blue Economy, Nigerian Maritime Administration and Safety Agency (NIMASA), government agencies, port and terminal operators, shipping companies and other stakeholders.

According to Oyetola, the US Coast Guard conducted four comprehensive assessments of Nigeria’s maritime security framework and port facilities between 2024 and 2026.

The assessments took place in March and April 2024, March 2025 and April 2026, with the findings showing improvements in Nigeria’s compliance with international maritime security standards.

The lifting of the restriction is expected to have implications beyond security compliance.

According to the minister, Nigerian ports could benefit from faster vessel turnaround times, improved shipping schedules and lower operational costs, as vessels will no longer face the additional requirements imposed specifically under the CoE.

The development could also make Nigerian ports more attractive to international shipping operators and potentially encourage greater shipping activity, trade and investment.

For more than a decade, the additional requirements had contributed to increased security and operational expenses for shipping companies, as well as extra inspections, documentation and delays.

Oyetola described the lifting of the restriction as an important milestone for Nigeria’s maritime sector and an indication that the country’s efforts to improve port security are yielding results.

He also commended NIMASA Director-General Dayo Mobereola and his team for their contribution to the process.

The minister said the Federal Government would continue working to maintain the progress made and position Nigeria as a safe, secure and competitive destination for international shipping.

The removal of the US restriction is therefore being seen as a significant development for Nigeria’s maritime industry, particularly as the country seeks to improve port efficiency and strengthen its role in international trade.

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