News
Soludo’s Success Tips for University Graduates

LAST week Tuesday, 7th November, 2024, the Governor of Anambra State, Chukwuma Charles Soludo, delivered the 13th Convocation Lecture at the Veritas University, Abuja.
“May I, at this moment, congratulate all the 800 graduate students for having been found worthy in character and learning to deserve the degrees of this University,” said Soludo.
He then offered the following advices to the graduate students:
Making money cannot be an objective; adding value is what makes money.
▪︎Jobs are not there, and about 80 percent of you will not practise what you studied. It is scary and I am not sure how adequately the University has prepared you for survival in chaotic times. As I draw the parallels between my time of graduation and yours, I am not sure whether to say congratulations or commiserations.
But what you make of the current situation depends on whether you see it as a challenge or an opportunity.
▪︎ For me, Nigeria remains the Black man’s greatest opportunity. National Youth Service The next year–your one year of National Youth Service may be the year for re-setting.You will meet new people; you will stumble on new ideas—good and bad; and you
may even try some adventures. Community Service One day a week, you will have what we used to call a day for “community service.”
Make that day count! It might be your rehearsal for selfless public service. Start with Volunteerism: volunteer to serve at every opportunity.
Do something good for the benefit of society from which you do not expect to be paid. It is a pivotal year, your balcony moment, and you must make it count.

During my youth service at the then University of Ife (now Obafemi Awolowo University, Ife), I attended all M.Sc classes in the Department of Economics—though I was not a registered student. Perhaps, part of the impetus for me to resign from Coopers and Lybrand after five months to go back for post-graduate studies may have come from my NYSC experience.
My tailor in Abuja, Mr. Adekunle from Osun State, is a graduate of Geology from the University of Maiduguri.
He sold used clothes during his NYSC in Akwa Ibom and, from there, learned tailoring during the same service.
Today, he has more than 150 tailors, 30 graduates in Management, and other staff—all totalling over 200, working for him. I can cite over 100 similar examples. Thus, what happens in this one year of your ‘national service’ might determine whether Nigeria ends up as a half-empty or half-full glass for you.
▪︎Still, on your personal survival, let me add a little digression. Many of you probably only studied/read seriously while preparing for examinations, and believe that henceforth, the torture is over. Bad News for You I have bad news for you. Your bachelor’s degree (B.A.) might mean “Begin Again.”
In today’s world, there is a connection between continuous learning and earning. If you stop learning, you start decaying, or you can sum it up in a slogan: learn more to earn more! I have heard several of the richest people in the world brag about how many non-fiction books they read in a year. I will not say more.
▪︎ As you venture into the uncertain world, you will need all the help you can get. You will need all the networks and partnerships you can get. Success in life is not just about what you know but even more so about whom you know.
▪︎ As the saying goes, if you want to go fast, go alone, but if you want to go far, go together. So, you will need the help of others to get ahead. “Anything” Cannot Take You “Anywhere”
▪︎ Soon, you will start looking for jobs or other ‘help’ from people to jumpstart a new life. For some decades, I always had young people approach me to help them find a job, and when you ask, ‘What do you want to do,’ a common answer was, “Anything.” Of course, “anything” cannot take you “anywhere” because as the saying goes, “if you don’t have a destination in mind, any road will take you there.”
So, my only tip to you on this occasion is to always seek intentionally to add value.
Before you approach someone for help, there is a minimum investment/preparation you must make to be ready to be “helped.” 7.
When you approach people, start with what value you will bring to the table—how you intend to ‘help them.’
This might sound counterintuitive. Paradoxically, that is also how you make money.
Making money cannot be an objective; adding value is what makes money.
The Richest People in The World Think of it for a moment.
The richest people in the world (through enterprise, and not through rent or criminality) are those who set out to solve specific problems for society and money followed as a reward—naturally!. Think of the inventors, the software developers who set out to connect people socially (Facebook, Twitter, etc), industrialists, consultants, tailors, traders, or anyone seeking to create value for customers, and how money followed them consequently.
So, the next time you approach someone for help, start by telling them what you can also do for them, and you will see that they are more likely to listen to you than if you approach them for charity. When You Are Applying for a Job
▪︎ When you are going to apply for a job, spend time researching how you can help to improve the fortune of the company. Instead of just “applying for a job,” write them a proposal on what you can offer, and you will see the difference. Try it! Sorry, I veered off into advisory which I promised not to get into.
▪︎Let me share some statistics that may jolt you to action. Without a doubt, the first need of man is survival and safety. Maslow prioritized human needs as physiological needs (air, food, drink, shelter, clothing, sleep, and health), safety, love and belonging, esteem, and self-actualization. Incomes Distribution
▪︎Again, the reality is that given Nigeria’s current income distribution, more than 60% of you may not go beyond satisfying the first need –physiological needs. When I was Governor of the Central Bank, we had a study that gave us a casual inference about the income distribution/inequality in Nigeria (beyond the Gini coefficient).
We discovered that 92% of the millions of depositors in Nigerian commercial banks had bank balances of N300,000 or less. But this 92% of depositors controlled about 7% of the total deposits, while the 8% that had over N300,000 controlled 93% of the total deposits.
I understand that a similar exercise was repeated several years later with a threshold of N500,000 and the distribution was largely unchanged.
Someone can crudely interpret this to mean that about 8% of the population controls 93% of the income, while 92% of the people control just 7% of income. Crude as the statistics may seem but it tells a thousand stories and highlights the context of a society in which our new graduates must thrive and excel. Unemployed or underemployed
▪︎I know many of you will already be casting and binding and praying that it is not your portion to end up among the 92% or among the many who may remain unemployed or underemployed for several years after your national service.
The point, however, is that if we all do not work to alter the meta-level architecture that produces such outcomes, much of our efforts at individual survival might be circumscribed.
My Core Message to YOU
This brings me to my core message to you: the current situation in Nigeria is not destiny. Everyone—I mean, everyone including you, the new graduates, can and must do something about it.
Nation-building is too serious a business to be left to the politicians or public servants alone.
To our young graduates, Veritas University has imbued you with knowledge, skills, and social thought to mobilize you for the public good.
The future you seek is in your palms, and only those who plan can control the future. As I look into your eyes, I can see hope.
Yes, Nigeria may not have offered you much, but in fulfilment of your divine purpose on earth, you will be expected to give more than you have received. I therefore urge you all to show up and participate in shaping the destiny of this nation.
We are Nigerians and this country belongs to all of us. We are all birds of passage but each of us must account to our Creator what we did while at our pilgrim post here on earth.
As I look around, I do not see many of the doyens of Nigeria’s first, second and even third republics.
Let no one tell you that you are the leaders of tomorrow. That tomorrow is here: take it and shape it so that Nigeria can realize its manifest destiny as the greatest Black power and the leader in the 22nd century.
May your road be rough, and let us get it done, together!
News
BREAKING: NIN: FG increases date of birth update fee by 75% to N28,574

Nigerians seeking to correct their date of birth on the National Identification Number (NIN) database will now pay N28,574, following a major upward review of service charges by the National Identity Management Commission (NIMC).
The new fee represents a 75 per cent increase from the previous charge of N16,340, making it the most expensive data modification service under the Commission’s revised price regime.
The change is part of a broader review of NIMC’s service fees, which the agency says is necessary to reflect current economic realities, including a national inflation rate of 32.70 percent, rising operational costs, and the need for self-sustenance.
Under the new structure, corrections to other personal details such as names, addresses, and gender now cost N2,000 per modification — up from N1,522, a 31 percent increase.
Re-issuance of the NIN slip, previously pegged at N500, will now attract a fee of N600.
Meanwhile, premium services offered at select enrollment lounges and visa centers will cost N20,000 for NIN enrollment, and N3,500 for re-issuance of slips.
For Nigerians in African countries, NIN enrollment now costs $50 for adults and $30 for children.
Data modifications cost $55 for date of birth changes, and $10 for other fields. Outside Africa, name corrections are charged at $60, with other data fields remaining at $10 per change.
In an executive summary accompanying the new pricing list, NIMC stated that the adjustments followed consultations across its departments and benchmarking against charges by other government agencies like the Nigeria Immigration Service and the Federal Road Safety Corps.
“For over a decade, our service charges remained stagnant despite expanding our infrastructure and service offerings.
This new price regime ensures we can maintain our systems, support national revenue goals, and align with global identity management standards,” the Commission said.
NIMC also cited its role in broader policy objectives such as tax unification, social interventions, and digital identity expansion.
While the Commission insists the fee hike is necessary, many Nigerians have expressed concern about the affordability of the new charges, particularly the high cost of correcting date of birth — an error that often arises from initial registration challenges in rural or crowded centers.
For instance, a fruit seller at Ojota, Lagos, Adaku Okafor, said an error was made in her daughter’s date of birth on the NIN slip.
While she had initially ignored it, the mistake has become critical as her daughter, now in SSS 2, prepares to sit for WAEC and JAMB.
“I am now forced to cough out almost N29,000 just to correct a simple mistake. This is so unfair, especially with the harsh economic reality we are all facing,” she lamented.
News
BREAKING: Two dispatch riders killed in Eko Bridge truck collision

Two dispatch riders were confirmed dead on Sunday following a crash involving two Mack trucks on the Eko Bridge inward Alaka, Lagos.
According to preliminary reports, one of the trucks—identified by registration number T-10357 LA—was reportedly moving at high speed when the driver, suspected to have been dozing, lost control and rammed into another truck ahead, marked KJA 107 XM.
The impact caused a 20-foot container to detach and fall, crushing the two dispatch riders who were on the route at the time.
Officials of the Lagos State Traffic Management Authority (LASTMA), who were on routine monitoring duty under the bridge, responded quickly and rescued one injured truck driver.
He was transported to the hospital by a Lagos State Government ambulance. The other two truck drivers fled the scene, and efforts are ongoing to locate them.
In a statement, the General Manager of LASTMA, Olalekan Bakare-Oki, expressed condolences to the families of the victims.
He called the incident tragic and underscored the need for caution and alertness, particularly among drivers of articulated vehicles.
“Drivers must ensure they are fit to drive and that their vehicles are roadworthy before embarking on any journey,” he said, noting that LASTMA continues its public awareness campaigns to promote safety, especially among operators of heavy-duty trucks.
To prevent additional accidents, LASTMA officers cordoned off the affected section of the bridge and diverted traffic through the Costain Roundabout toward Alaka and the Stadium.
Other emergency responders at the scene included the Lagos State Emergency Management Agency (LASEMA), Lagos State Fire and Rescue Services, Lagos Neighbourhood Safety Corps, the State Environmental Health Monitoring Unit, and officers from the Iporin Police Division. Investigations into the incident are ongoing.
News
Yahaya Bello Vs EFCC: Court Adjourns Ruling and Continuation of Trials to June 26 , 27 and July 4 and 5

You cannot cross examine him based on the document,” Daudu SAN argued. Enitan SAN added that he had the right to draw the attention of the court to some specific paragraphs in the document.
The Federal High Court in Abuja has adjourned the hearing of the alleged money laundering case instituted against the immediate past Governor of Kogi State, Yahaya Bello, by the Economic and Financial Crimes Commission to June 26, 27 and July 4 and 5 for ruling on the request by the prosecution to “cross-examine” the 3rd witness and for continuation of trial.
Justice Emeka Nwite adjourned the hearing after listening to addresses by the prosecution and defence counsels on the Prosecution’s move to initially cross-examine the witness, a position that was rejected by the Defendant’s Counsel, Joseph Daudu, SAN.
When the matter was called for continuation of cross-examination, the Defendant’s counsel asked the witness, Nicholas Ojehomon, whether he had testified in other courts with respect to the issue of school fees paid by the Bello family to AISA, he said yes.
But the witness, an internal auditor at the American International School, Abuja, said he could not mention the exact courts.
He admitted testifying in a similar charge involving Ali Bello but added that he never said anything adversely against former Governor Yahaya Bello just as he had not said anything negative or adversely against him in the instant charge.
After Daudu SAN concluded the cross-examination of the witness, Nicholas Ojehomon, the EFCC’s lawyer, Olukayode Enitan, SAN, moved to also cross-examine the Commission’s witness on Exhibit 19.
He told the court that he was not re-examining the EFCC’s witness, but cross-examining him because the document was admitted in evidence.
“I am not re-examining him, I am cross-examining him because they brought this document,” he said.
The Defendant’s lawyer, however, drew the court’s attention to the fact that the prosecution counsel’s position was unknown to law, in line with the Evidence Act.
“If you want to cross-examine your own witness, you have to first declare him a hostile witness. You cannot cross examine him based on the document,” Daudu SAN argued. Enitan SAN added that he had the right to draw the attention of the court to some specific paragraphs in the document.
At this point, the judge asked: “Do you have any provision of the law to support this?””I will draw your lordship attention to Section 36 of the Constitution.
They sought to tender this document, we objected and the court granted their prayer. Fair hearing demands that the complainant too has the right to examine this because Section 36 of the Constitution talks of fair hearing,”
Enitan responded. “We are not saying that they cannot re-examine the witness. That is what Section 36 under the law says about fair hearing. But if it is to cross-examine him, he will have to show us the law that backs that.
“He cannot come under the guise of fair hearing to want to cross-examine the witness,” the Defendant’s lawyer maintained. The judge, at the end of the arguments, refused to allow cross-examination of the witness by the EFCC lawyer.”
Under the procedure, the witness gives evidence in chief and the defendant cross examines, then the prosecution re-examines.
“With due respect, what I will do is if you people are so skewed to continue with this, it is better to address me on this and I will take a position,” he stated.
At this point, the prosecution counsel agreed to re-examine the EFCC’s witness and the judge gave him the go-ahead.”You can re-examine him on that but not to ask questions that will show cross examination,” Justice Nwite said.
However, when the prosecution lawyer proceeded to re-examine the witness, and his questions pointed at cross-examination, as observed by Daudu SAN, the judge insisted that the parties had to address him on the specific issue.
The Defendant’s Counsel, in his address, maintained that the position was unknown to law.
“My lord, the procedure that is being sought by the prosecution by refering the witness to the document tender in Exhibit 19 and by asking him to read paragraph 1, without drawing his attention to the issue on how the document affected his evidence in chief, the question asked in cross-examination, and the ambiguity, which needs clarification, amounts to a strange and unknown procedure not covered by the Evidence Act,” he stated.
Enitan SAN, disagreed, saying that in the case of Amobi Amobi referred to by the defendant’s counsel, the Supreme Court held that the learned trial judge ought to have allowed a re-examination of Exhibit E.
He said when the defendant sought to introduce the document, the prosecution team “submitted that this document was not made by the witness and as such, he should not be allowed to speak to it under cross examination or allowed to be confronted with it.”
“Having brought it in now, during the case of the prosecution, particularly during the cross examination of PW-3, your lordship should not allow them to shut us out as that would amount to the court allowing them to blow hot and cold,” Pinheiro SAN said.
Justice Nwite thereafter adjourned to June 26, 27 and July 4 and 5 for ruling and continuation of trial.
The 3rd prosecution witness had, at the last hearing on Thursday, said there was no wired transfer of fees from the Kogi State Government or any of the local Governments in the state to the account of the American International School, Abuja.
He also read out a part of a previous Federal Capital Territory High Court judgment that said there was no court order for AISA to return fees to EFCC or any judgment declaring the money as proceeds of money laundering.
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