Laying the markers for a new Imo

It may seem early in the day but the signs are good; very good indeed. It is such an exhilarating feeling to observe all the good behaviours and best practices one had written about and wished for in the last three decades unfold before one’s eyes.

It is not only that it is happening in one’s lifetime, but the fact that one is a participant-observer. Not a better feeling in a long time, one must confess. Again, the natural reaction is to argue that it’s too early to call, but then, it is said that morning tells the day. And as the Igbo say, a good farmer can tell a ripened corn by sight. You need not pinch the sheaf to know it’s ready for harvest.

The blitzkrieg of activities of last week finally left me with no doubt that Imo is on to a big deal this time.

First, an extraordinary Executive Council (ExCo) meeting which had in attendance, paramount monarchs of Imo, industry leaders and heads of all the banks in the state was convened.

Purpose of this expanded (and extended) ExCo is to intimate critical stakeholders about Executive Order 005. This implies that Imo State henceforth adopts the Single Treasury Account (TSA). Apart from the Federal Government, Kaduna is the only other state in Nigeria which has adopted a similitude of the TSA.

Hitherto, Imo was akin to an economic and financial gangland where the fastest to draw the gun kills the other. There were over 250 bank accounts purportedly operated by the state government: every ministry, department, agency and even individuals opened multiple and parallel accounts on behalf of government.

State revenue was a bazaar with a plethora of collection contractors. It was largely collect and keep; finders-keepers. While Government House, aka first family, sat firmly on FAAC and lump-sum IGR takings, other denizens of the jungle scrambled over the remains of the feast. That was how come Imo State’s IGR record was a joke – about the least in the South-East. And Imo was supposedly an oil-producing state.

In just a couple of weeks, the Dr. Abraham Nwankwo-led Imo State Financial Advisory Committee has its interim report ready. Dr. Nwankwo was director-general of Nigeria’s Debt Management Office (DMO) for about a decade. Prior to the DMO job, he had a stint as Senior Advisor in the World Bank. There couldn’t have been a better choice for the job.

In just a couple of weeks again, the intractable Imo pensions scheme has been unravelled as the Pensions Review Committee in conjunction with consultants presented an interim report.

Verdict: the last proper payment of pension was in 2014; no accurate database of the pension system in Imo State; payment of pension became a racket in the last four years as the system was managed by various contractors. It was a huge payday for jobbers while retired workers lived in pain and penury.

It has therefore been decided that Imo must urgently migrate to electronic database platforms for her pension scheme. This means that there shall be electronic capture of pensioners. This means that no more carrying of appointment and retirement letters, no more tedious and expensive verifications, no more long queues and delays in payment of pensioners, no more fraud in the pension scheme and the ability of the government to plan and project its pensions outlay over many years is most salutary.

This is the new regime that will kick in for Imo pensioners this year. Imo pensioners are indeed in for a good time under Governor EmekaIhedioha. Contributory pension will follow after the system has been revamped and benchmarked under current best practices around.

The committee on the National Health Insurance Scheme (NHIS) is hard at work. The state health insurance scheme to cover the entire 305 wards of Imo State is being aggressively pursued. It is a tacky issue but not an insurmountable problem. As the bureaucratic knots are being carefully untied, the governor let it be known that “We have the political will to wring change in this state.” It is always a reassuring charge to members, especially hi-impact members of his team who are burning for a rapid reform of the odious status quo.

Debris of the mis-governance of the past eight years is being removed on all fronts. The taps in Owerri city had been dry for many years. This has necessitated urgent rehabilitation of the Otamiri Water Scheme. It had been dysfunctional and abandoned for years. Work has commenced and taps will run again in Owerri soon.

TSA, pension scheme, National Health Insurance Scheme, public water supply, a return to the UN system through the return of UNICEF. If you didn’t see the connection here, what about the return of the World Bank Group to Imo State after a long hiatus?