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“Retirement in Nigeria” Why I’m Advocating For Senior Citizens -Felix Amadi

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The Chairman of Crown Insurance Brokers, Chief Felix Ohiri Amadi has enjoyed a successful career spanning over three decades in the insurance sector of the economy, having worked closely in chatting lasting solutions towards pension management, he knew exactly what the senior citizens go through after their active service years in accessing their pension benefits, the challenges of retirement age and reasons why people fail to plan for their old age. In his new book, Retirement in Nigeria, Amadi sought to highlight the need to build a robust retirement sector, where professionals would be trained on the intricacies of managing and caring for the aged. He recently engaged the media on why he embarked on the project, “Retirement in Nigeria”, his insurance career, amongst other sundry issues. Enjoy the excerpt

How has it been with Crown Insurance Company during this time of the pandemic?
Crown Insurance Brokers Limited is a company that has been in existence for over three decades. We have had very good times and difficult times such as this season and it has caused us to scale down our operations at the moment in other to cope effectively during this challenging period.

How well has Crown Insurance been able to fair in the insurance sector of Nigeria since its birth?
There is no Federal Government Institution that Crown Insurance hasn’t managed either full or in parts from MPC, MPA, Police, Custom, DSS and much more. We have been part of their management over time and we have also managed some private institutions like Shipping companies, Oil and Gas companies, too numerous to mention. So, Crown Insurance Brokers Limited can be taken as one of the elite insurance companies in Nigeria. Our records are intact and the reference about us can be obtained from the Nigeria Corporation of Registered Insurance Brokers (NCRIB).

With all the successes you’ve enumerated, it shows you’ve done well in the sector; what defines a good insurance company?
Insurance is a major aspect of risk management, whether it affects an individual or organization. Every insurance organization that cannot define the risk of an individual or the organization in a long term may not succeed because risk, if not properly managed to a long term can lead to a major hazard for either the individual or organization involved. Anybody that is managing another person’s risk and fails to define it well cannot have a lasting relationship and if an organization can’t keep a relationship then it will fail when its backups disengage. For the insurance companies that have succeeded, it means they’ve been able to define their client’s risks in a long term and have followed the procedures religiously.

What are the challenges of running an insurance company in Nigeria?
The challenges here aren’t different from the challenges of most other organizations. Economy is looking south and it’s been like this for some time that makes every organization that wants to remain in place to indulge in difficult management. Insurance as an area of endeavor is not considered most of the time as important as health and stomach care, so issues of risk management is put after the Medicare which is basic because people cannot combine them, even when they are aware they need it, the basics comes first. Historically, insurance in Nigeria hasn’t enjoyed deep penetration even with our efforts to create awareness and cause people to accept it.

What is the high point of your career as an insurance broker?
Well, over the years I have managed many public and private accounts and I have managed them veritably, it is difficult for me to single out one as the high point. When I was called by the Federal Ministry of Defense to review Military Pension as it was in serious crises; a lot of destitute were hanging round Ikoyi, claiming they were ex-soldiers who were waiting for their benefits so T. Y. Damjuma and Mrs. Delaja felt there was need to look critically into the reason the soldiers who claimed to be retirees were not being paid. That was where I was called to improve the management of retired soldiers in Nigeria. In 2015, Crown instituted what may have become the biggest Group Life Insurance Scheme other than the Omnibus scheme that is managed by the Head of Service in the Department of Security Services (DSS). That scheme has the signature Crown Insurance and it is one of the finest insurance schemes running now in the country. There are much more achievements to count regarding my high points in service.

If you weren’t an insurance broker what other business or career would you have ventured into?
I would have loved to retire as a professor; I would have functioned well as an intellectual. When I graduated from the University of Lagos, Akoka at the age of 23 the University enlisted me for post graduate studies in Colombian University, somehow I preferred going to work in other to support my younger ones, that was how I diverted my career in the world of academics. Before I decided to quite my dreams, I had calculated that at the age of 27 I would’ve gained my PH.D and if I kept working hard as I did at that time, I foresaw myself as a Professor at the age of 35/36 but all that didn’t happen because I diverted from it.

Some time ago you had a stint in politics, what was your intention when you delve into it then and currently are you still nursing political ambitions?
My sojourn in politics is still work in progress. When you see some people in the corridor of power in Nigeria, you’ll feel that they don’t have the indebt of love that is required from the leaders in a nation. Unlike some serious minded professionals that have attempted politics who go there to assist because they’ve seen some loopholes they think they can fill-in in order to move the country to a better place that was the motive that made me become a politician. I joined a political party, I was an active member of the party and secured a ticket to run for the senatorial seat of Imo East where I come from; I didn’t win but everybody says I made a very huge impact. You know that once you attempt a political position in Nigeria you are likely to sacrifice a lot of your personal savings so it’s not that I have quit politics but I am waiting to see my like minds come together to form a critical movement so that the country can be safe. If you are a reasonable human being in Nigerian politics and you have to go against fifty rascals out there, you cannot maneuver them; they’ll deal with you and make you seem useless. Our prayer is that more mature minds, more professionals and more of the ones that has the good of the country at heart should come up and work together to make this country a better place.

As 2023 approaches, do you have any intention of coming out for an elective position and are you one of the people clamoring for Igbo presidency?
I have no such plans now and it is too early for one to come out and start telling what will happen in three years’ time. Instead of clamoring for either Igbo, Hausa or Yoruba president pray that only a person suitable for the position will come and let’s advice those in government starting from the local government that politics isn’t about getting rich in government and gaining firm and power. Let them understand that politics is about governing the people with good will. All the people that think about how to win the next elections at all costs are the traditional politicians who have nothing to offer and I am not one of them.

Talking about groups like minds and professionals, few months ago, Pat Utomi, Olisa Agbakoba and others came together to form a coalition for 2023, what’s your take about such moves and would you embrace their idea?
Of course their ideas are good, more people should join them. They aren’t forming a political party; they are uniting to realize what’s in the best interest of the people, people like them are good people. Anybody who has intention in just willing and dealing is making a mistake because at the end of the day there might not be a country for them to continue to deal if they don’t protect the one at stake now.

Generally speaking Sir, what’s your assessment of the Nigerian political space?
A lot of improvement is needed. There are good people but I would say that they are in the minority, the job is to bring more people that are ready to save Nigeria and impact the people in a way that will benefit the country’s future; people have to forget about the old ways of becoming a billionaire without lifting a finger. Let them bring in people that will make impact in a way that the future generation will look back and say “but for this people”, that’s the way forward.

You’ve done well with your new book, Retirement in Nigeria; can you talk about it?
Retirement is one of those areas that are still lagging behind particularly from the point of view of those that are retired and aged. You don’t need to stretch your neck to have a view of those who are suffering because they have not received their retirement funds from either the state or local government. So there is need for our government to champion the cause of these suffering senior citizens, they say little or nothing about it and it’s bad. I embarked on retirement management research for the reason of the suffering retirees; the same thing I realized when I was called to manage the military retirement. If you go through the whole of Nigeria you’ll see that there is no solid literature that can be used as reference or capacity building in terms of retirement so I decided to write about it.
No one talks about retirement till death and for one to be able to manage retirement in order for old people not to suffer it has to be well planned; between retirement planning and retirement management the time has come for further research for people both in the higher institutions and professional institutions to be trained for proper clarification so that when they are confronted by retirees or workers either as consultant or employees of Retirement Management organization, they would be adequately prepared.
Federal Government has done well through the Obasanjo regime that saw the decay in pension management and they put together in a reform act in 2004, now successive governments have been managing pensions based on the reform principles yet no refunds are needed, the states and local governments have to look into the affairs of pensioners in their areas. What affects a part of the country affects everywhere so they have to begin to take issues that concerns pensions seriously.
I do not want to review my book, let others do it for me but it covers a lot. The Retirement Management Industry has come, research is seriously needed in this area; we have Pediatricians everywhere who take care of babies but a lot of old people need care, they need a special hospital not General Hospital.
Look carefully, you’ll discover that the traditional system of children taking care of their parents has collapsed. The reason is the world is now a global village and your child can decide to go and live in another country; while you as the parent is here in Nigeria. All the child can do is send money to you and money can’t take care of an old parent but if there is a professional who has passion and ethics governed by the profession will take care of you and get paid.
An aged person doesn’t need money but care, but such things are lacking in this country and it’s in this book I’ve written. If you look around the entire world, countries that have the size and economic capacity of Nigeria all have elderly people whether they have worked or not, they collect a certain amount of money for their care but we don’t have that here and advocacy is needed. We don’t have so many elderly people in Nigeria who live beyond 70 and 80 years because of suffering, let this people live and be happy; let them not die cursing the government and the system. This book will help those that are making laws on social securities to begin to re-examine current positions to make amends where necessary so that those who will be managing pensions will manage better and those who will receive pensions will be happy and be thankful to the government.

What challenges did you face in putting up this massive volume of write-up “Retirement in Nigeria”?
Writing a book first of all needs a clear motivation. It is the motivation that guides and being that I’ve encountered a lot of retired people both as a consultant and individually, I know a lot of what they go through. Once you have motivation and you decide to do a thing out of your busy schedule you’ll create your time for passion because it is what you want to do properly not because of money but for impact and education; though it cost me time and money but for the sake that I wanted to do it and here it is ready to be presented to the world.

How soon should we expect the book on the shelves?
We delayed the public presentation because of the Covid-19 challenges but now we know that social distancing is the new order for safety so we’ll soon with safety measures adequately put in place present it to the general public.

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Taiwan in the Crossfire of History, Law, and Power: A Feature Analysis of Competing Claims and the One-China Question

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By Michael Olukayode

The status of Taiwan remains one of the most enduring and strategically sensitive disputes in modern international relations — a question where history, law, identity, and geopolitics collide without easy resolution. It is not merely a territorial disagreement between Beijing and Taipei; it is a layered contest over legitimacy, sovereignty, and the meaning of statehood in a shifting global order.

Across recent scholarly salons and policy interventions in Africa and beyond — particularly the Abuja media salon hosted by the China General Chamber of Commerce in Nigeria — a striking convergence has emerged around the One-China Principle, even as interpretations of its implications remain sharply contested.

The Historical Fault Line: 1949 and the Birth of Two Political Realities

The modern Taiwan question originates in the Chinese Civil War, which ended in 1949 with the Communist Party of China establishing the People’s Republic of China on the mainland while the defeated Kuomintang (KMT) government retreated to Taiwan.

As Professor Sheriff Ghali Ibrahim forcefully stated at the Abuja salon:

“Taiwan is not a sovereign entity, it has no independence and it is not a member of the United Nations.”

From Beijing’s perspective, this was not the creation of two states but the continuation of one China under different administrations.

This position aligns with the broader Chinese narrative repeatedly emphasized in diplomatic discourse, including the categorical assertion that:

“Taiwan has never been a country, was never one in the past, and will never be one in the future.”

Taiwan, however, evolved in a very different direction. Over decades, it developed into a functioning democratic polity with its own political institutions, elections, military structure, and constitutional governance.

This divergence produces what scholars describe as a central paradox: a de facto state operating with constrained de jure recognition, facing a sovereign claim from a rising global power.

The Legal Architecture: UN Resolution 2758 and Competing Interpretations

A cornerstone of Beijing’s argument is United Nations General Assembly Resolution 2758, which restored China’s seat at the United Nations in 1971.

At the Abuja salon, Professor Sheriff Ghali Ibrahim insisted:

“This resolution has explicitly established… that there is only one seat for China in the United Nations, leaving no room for ‘two Chinas’ or ‘one China, one Taiwan’.”

From this perspective, Taiwan is not a separate subject of international law but part of China whose representation is subsumed under Beijing.

Taiwan and its supporters contest this interpretation, arguing that Resolution 2758 addresses representation — not sovereignty — leaving Taiwan’s political status deliberately unresolved.

This legal ambiguity has become what many scholars now describe as structured uncertainty, sustaining diplomatic flexibility while preventing formal resolution.

Beijing’s Position: Sovereignty, Reunification, and Historical Mission

China’s position is rooted in sovereignty, territorial integrity, and national rejuvenation.

As reiterated by President Xi Jinping:

“The great tide of compatriots on both sides of the strait becoming closer, more connected and coming together will not change. This is the verdict of history.”

In Chinese official discourse, reunification is not framed as a negotiable issue but as a historical inevitability tied to national revival.

This perspective was reinforced in Abuja by African analysts who align with Beijing’s framing of sovereignty as non-negotiable, with Professor Sheriff Ghali Ibrahim emphasizing that Africa’s diplomatic alignment reflects a global consensus increasingly anchored in the One-China Principle.

Taiwan’s Position: Democracy, Identity, and De Facto Sovereignty

Taiwan’s position rests on lived political reality and democratic self-governance.

While officially still called the Republic of China, Taiwan functions as an independent political system with its own elections, judiciary, military, and constitution.

Its leadership under President Lai Ching-te emphasizes Taiwan’s distinct political identity and rejects Beijing’s sovereignty claims.

From Beijing’s perspective, this is framed as separatism. From Taiwan’s perspective, it is democratic self-determination.

The result is a deeply entrenched ideological divide: territorial integrity versus political identity.

Strategic Ambiguity and Global Power Politics

A critical dimension of the Taiwan issue is the role of external powers, particularly the United States.

Washington’s policy of strategic ambiguity — recognizing the One-China framework while maintaining unofficial relations with Taiwan — is widely seen as both stabilizing and contradictory.

At the Abuja salon, Prof. Sheriff Ghali Ibrahim and other speakers framed external engagement with Taiwan as part of what they described as “separatist encouragement,” while emphasizing African alignment with Beijing’s position.

Africa’s Diplomatic Alignment and the One-China Consensus

A recurring theme in Abuja was overwhelming African diplomatic alignment with Beijing.

As multiple presenters emphasized:

“As of May 2026, 53 out of 54 African nations adhere to the One-China policy.”

The only exception remains Eswatini.

At the salon, Prof. Sheriff Ghali Ibrahim argued that this position reflects historical continuity in African diplomacy:

“African nations have consistently stood with China on issues concerning its sovereignty and territorial integrity.”

Dr. Segun Showunmi, who is an Ace Public affairs analyst and social impact expert, with experience in governance, policy and civic engagement added that this alignment is not merely political but developmental:

“That consistency created trust and in international politics, trust often translates into investment, infrastructure, and strategic cooperation.”

The Abuja Diplomatic Intervention: China’s Official Position

A defining moment of the salon came from the representative of the Chinese state — the Counsellor of the Embassy of the People’s Republic of China in Nigeria, Ms.Dong Hairong— who reiterated Beijing’s formal position in unambiguous terms:

“There is only one China in the world, and Taiwan is an inalienable part of China.”

This intervention anchored the entire discussion within the framework of Chinese sovereignty doctrine and reinforced that diplomatic relations with China are premised on acceptance of the One-China Principle.

Prof. Sam Amadi: Strategic Ambiguity as Diplomatic Reality

Professor Sam Amadi, a policy strategist and law and governance expert, Director, Abuja School of Social and Political Thoughts,
introduced a more analytical framing, arguing that global practice is defined not by clarity but by managed contradiction.

He stated:

“The One-China principle and One-China policy are clear, but difficult to operationalise.”

He further explained:

“What we have today is strategic ambiguity… meaning they acknowledge, but at the same time, they engage.”

For Amadi, the central question for Africa is not ideological but practical:

“Should we foreclose ambiguity and advance a straight One-China principle, which will exclude all kinds of trade and engagement with Taiwan?”

His conclusion favored diplomatic exclusivity with calibrated economic engagement.

Strategic Realism: Why the Status Quo Persists

Despite rhetorical intensity, the Taiwan issue persists in its unresolved form due to structural constraints:

* China cannot accept formal separation without undermining sovereignty doctrine
* Taiwan cannot accept reunification without losing political autonomy
* The United States benefits strategically from ambiguity
* African states largely align diplomatically with Beijing while prioritizing development ties

As Professor Amadi summarized:

“We acknowledge these principles, but we go back there and also deal with Taiwan in trade… using strategic ambiguity.”

Conclusion: History as Contest, Diplomacy as Equilibrium

The Abuja salon underscored a broader truth about the Taiwan question: it is not merely a territorial dispute but a global governance dilemma.

On one side stands China’s categorical assertion, echoed in Abuja:

“There is only one China.”

On the other stands Taiwan’s democratic identity and de facto autonomy.

Between them lies a global system that simultaneously enforces principle and tolerates ambiguity.

As reflected across the Abuja interventions, including those of Prof. Sheriff Ghali Ibrahim, Dr. Segun Showunmi, Prof. Sam Amadi, and the Chinese diplomatic Counsellor, the Taiwan question endures not because it lacks answers — but because every available answer carries strategic consequences the world is unwilling to fully accept.

And so Taiwan remains what it has become in the 21st century: not only a territorial dispute, but a permanent stress test of international order itself.

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Tinubu Announces $20bn FDI Inflow, Signals Growing Investor Confidence

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……..APM Terminals pledges $600m

Speaking during a panel session at the ongoing Africa CEO Forum, President Tinubu attributed the inflow to reforms aimed at improving transparency, efficiency, and investor confidence in the country.

He said his administration’s policies were positioning Nigeria as an open and competitive destination for investment.

“In Nigeria, we’ve attracted nearly $20 billion in direct investment this year because we are efficient, transparent, and open for business,” President Tinubu said.

He said that Nigeria would no longer permit the export of raw minerals without local value addition, noting that the country possesses the capacity to manufacture products such as electric vehicle batteries from its mineral resources.

He said: “With our metals, we can produce batteries for cars. The private sector brings capital and expertise, but government must de-risk and create the enabling environment. That partnership is how Africa moves forward”.

He also canvassed for stronger economic integration across the continent, urging African countries to move beyond rhetoric and fully activate the African Continental Free Trade Area (AfCFTA).

According to him, Africa needs to put its money where its mouth is and build a new relationship with its own resources.

“We have the African Continental Free Trade Area—it must not sit on the shelf. It needs to be activated properly through collaboration and effective use of resources, not by working in silos,” President Tinubu said.

He advocated an “Africa First” approach to development, insisting that African resources should primarily benefit the continent through local processing and manufacturing.

“We don’t want scavengers and extractors. We want partners who process and manufacture locally,” President Tinubu said.

Speaking on industrialisation, President Tinubu cited the success of the Dangote Refinery as proof that Africa could undertake large-scale projects with the right support framework.

According to him, Nigeria overcame years of dependence on imported petroleum products after supporting the establishment of the refinery through policy backing, credit support, and licensing approvals.

He said: “Today Nigeria is a net exporter of PMS, aviation fuel, and other products. Dangote is supplying aviation fuel across Africa and to European airlines”.

He also called for reforms to intra-African trade and financial systems, questioning the continent’s reliance on foreign currencies for trade transactions.

In Rwanda, Tinubu pitches Nigerian business case to Africa
Tinubu appoints Laniyi DG of Women Development Centre
“If you produce in Nigeria, you can trade in naira. Why should African trade depend on dollars? That adds cost and instability,” President Tinubu said.

He proposed the establishment of an African commodity exchange platform that would enable direct trade among the continent’s 54 countries.

On the issue of mobilising African capital for development, President Tinubu said governments must create stable legal and policy environments capable of attracting long-term investment.

He said: “Capital is cowardly. It needs transparency, accountability, and stability”.

He also advocated the creation of an African credit rating agency, arguing that existing global rating institutions do not adequately understand African markets and risks.

“The big American agencies dominate 95 per cent of the market, but they don’t understand our risks and opportunities,” President Tinubu said.

He noted that in addressing Africa’s digital infrastructure deficit, Nigeria is laying 19,000 kilometres of fibre optic cables nationwide to expand connectivity and support the digital economy.

“That’s how we bring lessons to children, connect families, and enable traders,” President Tinubu said.

He added that Africa must invest beyond basic telecommunications and build full digital infrastructure systems, including data processing, storage, artificial intelligence, and e-commerce capabilities.

He said: “We need to fund Africa’s shift from basic telecoms to AI and e-commerce”.

He further expressed optimism that the AfCFTA would eventually boost intra-African trade, despite political and structural barriers currently slowing integration efforts.

He said: “Pan-Africanism can’t remain a slogan. It has to be lived”.

He also urged African leaders to strengthen regional alliances and economic cooperation in response to global economic shocks and geopolitical uncertainties.

“If Europe can build alliances and move forward, so can we. Africa has everything we need here. What we require is good policy and the will to act.

“We don’t want our children dying at sea trying to reach elsewhere. We have the resources. We just need to help each other and push together. That is the only way to build an inclusive and prosperous Africa,” President Tinubu said

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Obasa Saga : Desmond Elliot Nearly Ruined My Chief of Staff Appointment — Gbajabiamila Reveals

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Femi Gbajabiamila, Chief of Staff to President Bola Tinubu, has disclosed that he almost lost his position last year due to the alleged involvement of actor-turned-politician Desmond Elliot in the political crisis that rocked the Lagos State House of Assembly during the speakership tussle involving Mudashiru Obasa.

Speaking in a video widely circulating on social media on Thursday, Gbajabiamila narrated how Tinubu summoned him to his residence in Abuja at the height of the Obasa impeachment saga.

According to the CoS, the president confronted him over intelligence reports linking Elliot, who represents Surulere Constituency I in the Lagos State House of Assembly, to efforts to destabilise the state legislature.

“I almost lost my job as Chief of Staff last year because of Desmond Elliot. Mr. President called me to his house in Abuja during the Lagos Speaker Obasa saga. He said, ‘I hear this Desmond is your boy, the one we gave you,’ and I said, ‘Yes, sir.’ He is one of the people causing problems in the Lagos House of Assembly,” Gbajabiamila stated.

Gbajabiamila further revealed that he had to defend Elliot against the allegations.

“Immediately I said to Mr. President, no, no, no. Desmond is not part of them.

“I haven’t even spoken to him. I didn’t know whether he was part of that. I said, no, he’s not part of them.”

According to him, Tinubu said, “I’m telling you from intelligence that he is part of them. Go and tell him to retrace his steps. This is what Mr. President told me. I said, yes, sir.”

He said he called the lawmaker to inform him of the development.

“I called him. That’s what I told him. Just like the President, this is what he said.

“If you are one of these people, if you are part of them, get out of there.”

He added that the Director-General of the Department of State Services also contacted him regarding his and Elliot’s alleged involvement.

“Three days later, the Director General of DSS called me and said there’s a problem. Your name is being mentioned all over the place.

“That you are the one behind, you are supporting Desmond in this event. Of course, the President will not believe that Desmond would do such a thing and I will not know what it sounds like.

“I told the DSS, I’m going to have to talk to Desmond.”

“I told him, I’m going to have to talk to Desmond. He has not done anything. I called him again.”

The Chief of Staff said he asked Elliot to issue a statement vindicating himself of the allegation, which he allegedly did not till date.

The Obasa impeachment saga erupted on January 13, 2025, when a majority of the Lagos State House of Assembly impeached the long-serving Speaker while he was vacationing in the United States.

Lawmakers accused him of gross misconduct, abuse of office, high-handedness, poor leadership, persistent lateness to sessions, and alleged financial impropriety/mismanagement of Assembly funds.

His deputy, Mojisola Meranda, was immediately elected as the new Speaker, becoming the first female to occupy the position.

Obasa rejected the impeachment as illegal and unconstitutional, insisting due process was not followed.

The crisis triggered weeks of tension, court cases, parallel claims to leadership, and interventions by APC national leaders and Tinubu.

It was eventually resolved when Meranda resigned, paving the way for Obasa’s reinstatement as Speaker.

The incident comes amid growing resistance to the lawmaker’s bid for a fourth term in the Lagos State House of Assembly.

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