Friday, February 13, 2026
-7.4 C
Tallinn

Arthur Eze’s Frolic To Oblivion

Ordinarily, it is advised that respect is accorded to individuals who have managed to achieve some success in any meaningful endeavour, more so when such success came in the world of business, where it is expected that it takes more than a mere flash of luck, but some dedicated work, creativity and a great measure of discipline.

However, in Nigeria, many multibillionaires didn’t need any of those qualities, especially in the ignominious days of the military, when all you needed was a good word put across on your behalf to the military head of state or someone calling the shots within the barracks. Little wonder, most of those who made their money during the military era find it difficult to leave politics alone. That’s because they need political patronage to sustain their “ill-gotten wealth”.

Go around working democracies and you would hardly find businessmen getting so neck-deep in partisan politics. Most of them simply make do with being financiers of some political parties, while others donate whatever they can to the major Parties and concentrate on their businesses without allowing themselves to be drawn into the slimy game of partisan politics. This is mostly because these individuals can thrive in their businesses with or without political support.

In Nigeria, we have wealthy men who made their money from some decent work and investments and who are neither afraid of the government persecuting them, because they have nothing to hide or the government failing to patronise them because they deal in tangible goods and services that can be sold to individuals and other organisations without government patronage. But you see those individuals who hanker after every government in power and who do everything possible to influence the outcome of their local elections, they are more corrupt than the usual politicians and most of them are the reasons our infrastructure is poor because they access funds for these contracts and refuse to execute them.

 

Prince Arthur Eze is a typical African “money miss road”. He is one of those whose understanding of wealth is to use same to harass and intimidate the people instead of putting such wealth to the service of the people. While we have individuals like Warren Buffett, Elon Musk, Bernard Arnault and even our own Aliko Dangote investing in projects that could make the world a better place, through sponsorship of programs in health, space and other educational research.

Arthur Eze is best known for using his wealth to imprison his relatives, grab people’s lands and attempt to buy off the Anambra State government house through many efforts to plant his stooges. Of course, he couldn’t have his way in the eight years that Peter Obi held sway, because while the soft-spoken incoming President would not sanction any attempt to ridicule anyone or frustrate people’s genuine investments he would also not allow public funds to be accessed by those who only know how to drink the best champagne and squander money in other frivolities.

 

Like his ilk living in the past, Arthur Eze is on a frolic to political oblivion, because he has let the train of power leave him behind. And I tell you, that is in Nigeria’s interest. It is rumoured that he was blackmailed into making the ludicrous statement that Peter Obi is on his own, as a precondition to be awarded some small contracts by Soludo, but if this is true, it would actually be very demeaning to a man who is acclaimed to be a multibillionaire. It means that even with all his wealth and acclaimed contacts, he is still a very poor man.

 

Businessmen are known for being visionary people and great risk-takers. No real businessman would categorically say that a dream is impossible. That is why you see Elon Musk, Richard Branson and other real entrepreneurs who made their money through ideas, investing in Mars tourism; building hotels on Mars and developing transportation to space, while some lousy louts who are only wealthy through corrupt patronage from government sit down somewhere and talk categorically about who wouldn’t win elections and who would win in eight years to come. Nothing can be sillier.

 

Peter Obi is coming in as Nigeria’s next President not on the platform of Igbo or Southeast presidency but on the basis of competence, integrity and being the best among all the candidates in the race at the moment.

If Arthur Eze N’Ukpo had the slightest regard for the well-being of this country, he would have joined other patriots from different parts of this country to ensure that Peter Obi is elected President. Fortunately, the Ukpo Prince has chosen this time in his life to make himself irrelevant in the political scheme of things, and I can only wish him a happy retirement and pray he enjoys his wealth in peace and never comes to bother the next President with proposals for contracts that will never be executed.

By Onwuasoanya FCC Jones

Hot this week

EU Parliament Approves Deportation of Migrants to ‘Safe’ Third Countries

By Kevin Akor BRUSSELS (chatnewstv.com) — The European Parliament on...

Vista Secures Future Fleet with Major 160-Aircraft Order from Bombardier

By Kevin Akor DUBAI, United Arab Emirates — Vista, the...

EU Council Approves First SAFE Defence Loans for Eight States, Authorizes Canada Agreement

By Kevin Akor BRUSSELS (chatnewstv.com) — The Council of the...

I wont support Peter Obi in 2027 — Cubana Chief Priest

By Stella Ordia Cubana Chief Priest, a popular Nigerian socialite...

Trump Deploys 200 Troops to Nigeria

Agency Report The United States has deployed approximately 200 troops...

Latest

EU Parliament Approves Deportation of Migrants to ‘Safe’ Third Countries

By Kevin Akor BRUSSELS (chatnewstv.com) — The European Parliament on...

Vista Secures Future Fleet with Major 160-Aircraft Order from Bombardier

By Kevin Akor DUBAI, United Arab Emirates — Vista, the...

EU Council Approves First SAFE Defence Loans for Eight States, Authorizes Canada Agreement

By Kevin Akor BRUSSELS (chatnewstv.com) — The Council of the...

I wont support Peter Obi in 2027 — Cubana Chief Priest

By Stella Ordia Cubana Chief Priest, a popular Nigerian socialite...

Trump Deploys 200 Troops to Nigeria

Agency Report The United States has deployed approximately 200 troops...

EU Council Appoints New Prosecutors for Belgium, Czechia to EPPO

By Gabriel Ani BRUSSELS (chatnewstv.com) — The Council of the...

Germany, Central Asian Nations Reaffirm Strategic Partnership in Berlin Declaration

By Kevin Akor BERLIN (chatnewstv.com) — Germany and five Central...

German court finds US man guilty of offering secrets to China

Agency Report A US citizen was found guilty by a...
spot_img

Related Articles

Popular Section

spot_imgspot_img

MORE FROM CHATNEWSTV

The SEDC Will Need Protection from Political Extortion By Chidi Anselm Odinkalu

When he presented his budget proposals for 2024 to Nigeria’s National Assembly, the first full year of appropriations under his presidency, President Bola Ahmed...

Not In Defence Of Professor Amupitan By Aliyu Ammani

For years, Boko Haram and armed bandits have laid waste to large swathes of Northern Nigeria. They have killed indiscriminately, razed communities, destroyed livelihoods,...

In the House of ‘My Lord’, There are Judgments By Chidi Anselm Odinkalu

Abdul Leigh Balogun became a judge of the High Court of Lagos State in 1976. In a career as a trial judge spanning 17...

Nigeria’s Crisis of Judicial Pensions Is Not About the Law of Karma By Chidi Anselm Odinkalu

“The term of office of judges, their independence, security, adequate remuneration, conditions of service, pensions and the age of retirement shall be adequately secured...

Donald Trump: Umeagbalasi and the Powers of a Screwdriver Salesman By Jude Chijioke Ndukwe

It is never difficult to see the hand of Esau in the report by The New York Times under the headline, "The Screwdriver Salesman...

12 Lessons from African Cup of Nations (AFCON) 2025 in Morocco By Victor Oladokun

RABAT, Morocco, January 20, 2026/ -- By Victor Oladokun, Senior Advisor to Dr Akinwumi Adesina. Like millions of football fans who descended on Morocco for the...

AFCON 2025 – An Enchanting Story Begins its Final Journey By Chidi Anselm Odinkalu

The last time Morocco hosted the African Cup of Nations (AFCON) in 1988, it lost by a single goal in the semi-finals to eventual...

From Ese Oruru to Walida: Exposing selective outrage in child sexual exploitation cases by Yushau A. Shuaib

I have always resisted being dragged into ethnoreligious arguments. Not because the issues are trivial, but because many of the loudest voices in such...

Mr. Justice Steppin’ Razor By Chidi Anselm Odinkalu

If you wanna live - treat me good If you wanna live, live - I beg you treat me good I'm like a walking razor Don't you watch...