• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Spotlight

THE NNAJI ERROR – THE LESSON FOR TECHNOCRATS IN GOVERNMENT

Ugodre Obi-chukwu by Ugodre Obi-chukwu
August 29, 2012
in Spotlight
Share on FacebookShare on TwitterShare on Linkedin

Minister of Power Prof Barth Nnaji bite the dust yesterday as he resigned from the GEJ Government following his business interest in firms that are bidding for shares Power Plants set to be sold by the Government. Barth Nnaji has been in Government Long enough to know how things work but not long enough to know democracy in Nigeria today isn’t the same as it was 8 years ago. If this were the Obasanjo era, his competence and huge experience may have been enough for the president to damn all morals, ethics and complaints from opponents and critics and simply just retain him. But Nigerians are wiser now and are ever more interested in ensuring that the privatization process of government is open, fair and competitive.

Technocrats like Barth Nnaji should be ever more careful with the way the business of running a ministry or government agency is done in Nigeria of today. This is even more so when you consider the current president has shown that he will not stick out his neck for any member of his government or party who is found wanting, ask a certain Alhaji Yusuf Suleiman. Nnaji’s sack or resignation whichever came first, is punishment for an error of conclusion, relying on his retroactive admittance of interest in the privatization as an excuse. Even the earliest of novice in business circles knows that a conflict of interest is always a basis for a nullification of a deal, transaction or report in any sphere of our everyday world. He must have thought that by informing the president some weeks back, as he alluded, was enough disclosure on his part making him morally upright to participate in a process that he was appointed to midwife.

Sadly, the Labour movement in the power sector will claim victory and hope that all the impressive milestones achieved by him in the sector will be scuttled in their favour. That hope is misplaced to say the least as the success or failure of the power sector is not mutually exclusive to the success of the president himself. Goodluck Jonathan will be judged on his ability to improve power supply in Nigeria, a yardstick he cannot fail to underrate. His interest and their interest is in conflict and surely I don’t expect that he will make himself susceptible to a error so easy to overlook.

RelatedStories

Why your “house” is not an investment

Why your “house” is not an investment

July 29, 2019
Toothpaste brands in Nigeria

What we learnt comparing Close-Up and Oral-B Toothpaste

April 5, 2018
Tags: Deepdive
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

Related Posts

Why your “house” is not an investment
Markets

Why your “house” is not an investment

July 29, 2019
Toothpaste brands in Nigeria
Metrics

What we learnt comparing Close-Up and Oral-B Toothpaste

April 5, 2018
Saving Money
Financial Literacy

11 money saving apps you need to download now

March 23, 2018
Jessica Castro via Unsplash
Spotlight

Mouka Foam Vs Vitafoam; We have one clear winner

March 22, 2018
Waste Management and Recycling in Nigeria
Small Business

Recycling: How these small businesses make millions selling aluminium monthly

March 19, 2018
GTBank announces close period ahead of Q3 2019 results
Blurb

Digging into GTB’s Monstrous 2017 result

March 16, 2018
Next Post

Will You Resign So That Your Husband Can Be Employed In Your Organization?

Comments 5

  1. ugodre says:
    August 29, 2012 at 5:42 pm

    THE NNAJI ERROR – THE LESSON FOR TECHNOCRATS IN GOVERNMENT https://t.co/WdQuqChA

    Reply
  2. resourcedat says:
    August 29, 2012 at 5:42 pm

    THE NNAJI ERROR – THE LESSON FOR TECHNOCRATS IN GOVERNMENT https://t.co/KgMDg8Kv

    Reply
  3. ugodre says:
    August 30, 2012 at 7:18 am

    THE NNAJI ERROR – THE LESSON FOR TECHNOCRATS IN GOVERNMENT https://t.co/VSidIgPW

    Reply
  4. ugodre says:
    August 31, 2012 at 12:10 am

    BLOG POST:: THE NNAJI ERROR – THE LESSON FOR TECHNOCRATS IN GOVERNMENT – Minister of Power Prof Barth Nnaji bite the… https://t.co/cfjzR8Dx

    Reply
  5. Ghpsi says:
    September 2, 2012 at 11:31 pm

    RT @ugodre: BLOG POST:: THE NNAJI ERROR – THE LESSON FOR TECHNOCRATS IN GOVERNMENT – Minister of Power Prof Barth Nnaji bite the… http …

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

otd
Palmpay
access bank
nairametrics
first bank








DUNS

Recent News

  • EFCC declares Emeka Ufomba wanted over alleged diversion of public funds 
  • Nationwide blackout as Nigeria’s national grid collapses again 
  • TD Africa and IBM Spotlight Digital Innovation at GITEX Nigeria 2025 

Follow us on social media:

Recent News

EFCC: Achimugu’s case unrelated to Atiku, Sanwo-Olu, agency says

EFCC declares Emeka Ufomba wanted over alleged diversion of public funds 

September 10, 2025
NDPHC says 375MW Egbema power station to be completed in 2025  

Nationwide blackout as Nigeria’s national grid collapses again 

September 10, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics