Emmanuel Onwubiko: Institutions and attack dogs
a key role in the transformation of Nigerian agriculture has been the subject of a vicious and sustained campaign of calumny over the past two years.
Significantly, despite the media campaign and reports made to the security agencies, no evidence of impropriety has been found. Third, NIRSAL is adding significant value in other areas, notably agricultural insurance where it is working with partners to create and popularize innovative insurance packages that will reduce the risks faced by Nigerian farmers and help them to benefit more from their toil.
“NIRSAL is supposed to be a guarantee agency. We don’t give one Kobo out. We issue paper, guaranteeing you the banker so that if anything happens to your money, you come back to us. But of course as a risk company, we ensure that event doesn’t happen. “In fact,we don’t even have the money to spend. We are designed to issue guarantees to bankers and investors against that capital.
“In the beginning, I rented a bungalow in Maitama, used my own money and friends to pay for this and that. Sometimes when I didn’t have money to pay for diesel for the generator, I had to borrow money. We operated from this bungalow for six months until the first board meeting. We built this organisation from zero with not more than seven staff at the initial stage,” he adds.“I don’t cease to praise my boss, Gov Emefiele. This is one CBN Governor that doesn’t act like CBN Governor.
“We do quarterly board meetings without fail. Every single thing I do in this place is controlled by the board. It’s their money, I’m just a servant. “They ask; ‘why should the CBN not give foreign exchange? Why should Emefiele be rigging this revolution?’ Emefiele never forgets where he comes from in Agbor. How he grew up. How he suffered to go through school. You see him as CBN Governor on TV, but believe me, this man is a different person altogether. He is so full of humility and love.
“Without Emefiele, we wouldn’t be where we are as an organisation. The credit should not come to me at all. If people attack me, they are attacking the agricultural policy of this government. People are angry that they are being stopped from importing rice. There are sponsors behind all of these media attacks.“They say I have stolen N75 billion or N5.
“Is there any organisation that doesn’t have a code of corporate governance and oath of secrecy? Is that not backed by law? Is what we are doing not backed by the laws of corporations in Nigeria and around the world or not? Are there not confidentiality agreements in corporate settings everywhere?“All organisations run background checks and certificate checks on incoming staff or criminal records.
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