There is a Yoruba adage to the effect that the world licks your hand
when it is coated with honey but will never lick the same hand when it
is dripping blood. It has been only a few days – not even one week,
since Mr Robert Orya was, along with 26 other Managing Directors and
Director-Generals of various parastatals, honourably relieved of his
appointment as the MD/CEO of Nigeria Export – Import (NEXIM) Bank and
the diverse knives are already being out.
As Hermann Göring said, “The victor will always be the judge, the
vanquished the accused…” The cyberspace and even some legacy media
are already awash with opinion pieces that have only one goal and that
objective is to demonise Mr Orya. Today, such writers and those whose
interest they serve may appear the victors and thus arrogate to
themselves the assignment of writing the history of NEXIM Bank and
Orya’s stay at the helms of its affairs.
The distortions being peddled make no efforts to conceal the real
object of the campaign of calumny that only gathered steam after the
former NEXIM helmsman was out of the saddle. This will suggest that
anything is possible going by the degree of desperation so far
exhibited by those after Orya. Files that will prove his achievements
in history could be disappeared or entire cabinets that could properly
tell the Orya magic story could go up in mysterious flames while one
will also not rule out the possibility that phantom files could be
planted just to manufacture evidence to smear the man’s image and
superlative tenure.
The envy for Roberts Orya’s trailblazing work at NEXIM Bank is however
not new. In the ranks of those driving the vendetta against are those
who thought they have been wronged by him because he refused to
short-circuit due process to meet their spurious demands. The ranks
include those who wanted loans without collaterals; and not to be left
out are those who were made to pay back what they borrowed. Many of
these elements even as early as 2012 had started sending death threats
to, and sponsoring calumnious media campaigns against him through
various outlandish means and platforms. The records are both in High
Courts where Orya sued most of them, and various media platforms.
Their present point of departure is therefore obvious. Now that the
man is no longer in office it is time to kick him – they forget that
he is out of NEXIM as MD but he is not down so the idea of kicking is
ridiculous to start with.
They can try their best to tar him but the marble achievements he
recorded while his tenure at lasted in NEXIM are such that no amount
of mudslinging will stick. Orya did enough at the Nigeria’s Trade
Policy Bank to leave whoever his successor will be to be permanently
challenged.
For a start, as opposed to what the next Managing Director of the Bank
will meet, when Orya stepped in 2009, the bank was in appalling shape
with the greater number of the accounts it was holding being in the
non-performing class. NEXIM Bank’s total loan portfolio was N14.6
billion as at that time and 72% of this was non-performing; a large
portion of these, more than two-third was considered as completely
lost. This was a time the world was still grappling with the fall out
of a global financial crisis and NEXIM Bank has such dismal capital
base that there was not much it could do by way of meeting its
mandate.
This situation was compounded, at that time, by the Bank’s over
bloated work force that largely lacked the requisite technical skills
to deal with the specialized needs of the organisation. In the period
he presided over the institution’s affairs, Orya saw to it that the
staff were trained to meet their job specification while additional
efforts were made to right place them for optimal performance. The
challenge posed by poor staff motivation was also addressed and the
result was discernable as the revitalised staff were able to come up
with world class ideas to drive the institution. One result from the
empowered staff with automated system was the significant slashing
down of the turnaround time that saw delivery time 80% Turn Around
Time and 95% IT efficiency rate and uptime.
For the first time since its inception in 1991, it was under Orya’s
watch that NEXIM was able to pay dividends to its owners. He achieved
this feat despite the dismal state in which he took over the running
of the Bank. It took only sixteen months to move from making a loss of
N5.460billion in 2009 to turning an impressive audited profit of
N189million in 2010. The momentum was sustained until his noble
disengagement from the Bank.
Then there was the overall issue of what NEXIM had been doing wrong
prior to Orya’s advent. Here was a specialised bank that was drawn out
of its area of mandate for political expediency. It was spreading its
resources so thinly trying to satisfy everyone without satisfying
anyone. But the quick thinking of the Orya led management saw the
institution streamlining and re-focusing its area of intervention.
Instead of attempting to unsuccessfully cover the entire world, the
West African sub-region became its area of focus with resounding
success stories following. Nigerian businesses were able to make
inroads into the neighbouring countries with their products.
Even as NEXIM redefined its focus, other sectors of the Nigerian
economy continued to enjoy the stability and funds injection made
possible by its creativity. Beneficiaries went beyond the traditional
businesses to break new grounds like the entertainment and creative
industry which benefited both technically and financially from the
Bank’s facilities.
Under Orya, NEXIM initiated the facilitation of a transnational
shipping company under the auspices of the organised private sector
associations in West and Central Africa and in partnership with the
Federation of West African Chambers of Commerce and Industries and
Transimex S. A Cameroun. The Sealink Project was conceived to address
the non-tariff barriers and high logistical costs that had slowed
intra-regional trade and competitiveness of Nigerian manufactured
exports in the region. The promoters of that project are keen to see
it to completion, nonetheless.
The bank also moved from an institution that operated in isolation to
one that signed several Memoranda of Understanding with sister Export
– Import Banks from other countries. Relationships now exist between
NEXIM and most of the EXIM banks in the world. The U.S EXIM Bank, the
African Import-Export, Afrexim, EximIndia, and the ECOWAS Bank for
Investment and Development (EBID) are among those working with the
Nigerian counterpart. Collaborative relationships have been
established with various other development finance institutions around
the world including China, Turkey, Brazil and Mexico.
All the other achievements of the bank went a long way towards
creating thousands of desperately needed jobs and foreign exchange
earnings in Nigeria. These include direct and indirect jobs that were
added to the economy.
Recognition may be scanty in Nigeria but the world acknowledged the
strides covered by NEXIM under his unique leadership. The 24-member
Global Network of Export-Import Banks and Development Finance
Institutions (G-NEXID) elected Roberts Orya as its Honourary President
in 2015 in recognition of his globally relevant contributions.
His sterling performance was such that he was again reappointed for a
second term by former President Goodluck Jonathan. Thankfully, the
President Buhari Administration has proven that its change mantra is
hinged on meritocracy, so there is no gainsaying that the baton of
excellence Mr Orya has wielded for almost the past 7 years would be
handed over to another patriotic Nigerian. This would ensure the
consolidation and escalation of the manifest achievements Orya had
wrought in the Bank. This position has nothing to do with
self-interest. Orya’s achievements has at the very least benefited the
West African sub-region and it would be sad to see the bank slide back
to those awful days when it was but a political appendage for settling
and repaying party loyalists.
Those who have decided that ill-treatment is the reward for serving
the fatherland on this scale will do well to have a rethink. Whatever
they may think they have against Robert Orya, there is the comforting
knowledge that the legacy he built at NEXIM will outlive him and his
assailants. This is because he built a system, an institution and not
the cult of an individual. In this, Robert Orya, the Managing Director
of NEXIM Bank between 2009 and 2016, is a victor. Like all victors, he
will by his achievements judge the vanquished, the accused, who today
think they are his persecutors.
–
Odoma is President, Africa Arise for Change Network, Abuja.
