The ongoing leadership struggles at SiBAN (Stakeholders in Blockchain Technology Association of Nigeria) underscore a pervasive issue in Nigerian organizational structures: godfatherism. This phenomenon, where influential figures exert power behind the scenes, often stifles progress and maintains the status quo across various sectors in Nigeria.
SiBAN, an organization dedicated to advancing blockchain technology and cryptocurrency in Nigeria, is currently experiencing internal conflicts that threaten the efforts of its President, Obinna Iwuno, and his forward-thinking Executive Council. Despite the organization’s mission to promote decentralization and innovation, godfatherism remains a significant obstacle.
Obinna Iwuno, who has been leading efforts to position Nigeria as a key player in the global blockchain landscape, faces resistance from entrenched factions within SiBAN. These groups, benefiting from long-standing influence, are reportedly working to undermine his leadership and the progress made under his tenure.
In response to recent attacks on his leadership, Iwuno dismissed them as distractions aimed at derailing SiBAN’s progress. He accused some detractors of being sore losers, referencing past elections and internal disputes. Iwuno stressed that these challenges are not a reflection of SiBAN’s achievements but rather an attempt by a few individuals to resist the necessary changes and innovations he represents.
Godfatherism, which involves powerful individuals or groups exerting control without formal titles, is a well-known issue in Nigeria. This influence can sometimes support growth but often serves to maintain personal interests, block reforms, and suppress new leadership. In SiBAN’s case, this dynamic is counterproductive to the organization’s mission of fostering blockchain technology.
The irony is evident: while SiBAN is designed to champion decentralization, it is struggling against centralization of power. The presence of godfatherism within the organization is hindering innovation and progress, contrary to the disruptive and forward-thinking nature of blockchain technology.
For Iwuno and his team, overcoming these internal challenges will be crucial. Building unity, transparency, and collaboration, while engaging with local and global stakeholders, will be key to advancing SiBAN’s mission. The broader blockchain community is closely watching, and any signs of dysfunction could impact Nigeria’s credibility in the growing blockchain industry.