Home Uncategorized MOVING NIGERIA RAPIDLY UP THE DEVELOPMENT LADDER

MOVING NIGERIA RAPIDLY UP THE DEVELOPMENT LADDER

1098
0
SHARE

Spread the love

”No amount of foreign interest or support that will be a substitute for our indigenous engagement in finding solutions to the issues of our day. I have always believed that no solution can be more enduring than home-grown solutions.”  —-Bishop David Oyedepo

MOVING NIGERIA RAPIDLY UP THE DEVELOPMENT LADDER:  One can say with huge regrets that many social and criminal vices have become obsession with us; perhaps because they are so pervasive and their effects so corrosive and anti-development. Yet, several institutional frameworks are in place, designed to wipe out these malaise that have affected the psyche of the people tremendously and have negatively impacted on societal development. A few days back, the United States government announced its VISA FREE programme for Ghanaians. It was not a sudden decision. President Barack Obama was in Ghana on a State visit a few years back and asserted that Africa’s problems could only be solved by Africans alone.

INITIATIVES: I knew of some initiatives abroad as engineered by Ghana several months back. As a passionate believer in the Nigeria project, I wrote and actually engaged in an unsolicited advocacy activity and invited attention to a sub-sector of the economy in our own nation. My moves painfully yielded no result or recognition for a good cause. I say congratulations Ghana, not because Ghanaians will go spend their hard-earned resources in President Donald Trump’s country, but because that development adds credibility, and is a sort of recognition for a great African nation that pays particular attention to the policy of visioning and long-range planning. Ghanaians also appear to be hugely patriotic and committed to the sustainable growth of their nations. I have not on one occasion, in the course of my business visits abroad encountered a Ghanaian speaking ill-advisedly about his/her nation.

A few days ago, the Nigerian government expressed dismay at the conduct of some Nigerians who stain the country’s image abroad. Several people have paid the supreme sacrifice on account of the stupidity and get-rich quick attitude of some people that is equally disturbing. But largely, Nigerians are honest and hard-working people who dot various parts of the world. Like other nations, there are bad eggs that smear our collective reputation. The United States government has its reasons for taking that step that must gladden the hearts of Ghanaians at home and abroad.  Nigeria used to be ahead of some Far-east countries at independence. Malaysia, Singapore, Indonesia and China that had the same GNP as Nigeria in 1960, have since multiplied theirs several times and are now First or Second-World countries.

LIMITLESS RESOURCES: Poor management of the almost limitless and vast human and material resources available over the years has been identified as the bane of Nigeria. No thanks to the discovery of crude oil in commercial quantities, giving rise to the phenomenon of sole (and over) reliance on crude oil for economic development. Nigeria, encouraged by huge unexpected foreign reserves embarked on massive importation of several items going to the ridiculous level of importing even tooth-picks, and other commodities which could be manufactured locally. Everybody became emergency importer and exporter as the import license racket boomed to the detriment of the few available local industries which should be protected. Agriculture was neglected with virtually all able-bodied people searching for white-collar jobs.

POLITICAL & ECONOMIC DIPLOMACY: Talk about economic and political diplomacy. In the 1970s following the advent of the oil boom, the United Kingdom opened its gates to Nigerians who were not required to obtain visas to enter that country. Virtually all undergraduates of the 1970s longed to spend their summer vacations in the United Kingdom, instead of locations like Obudu Cattle ranch, Badagry and other available tourist attractions. Those were the days when the Naira was at par with British pounds and the Naira was stronger that the United States Dollar. That era bred several multi- millionaires and further promoted the high propensity of Nigerians for the acquisition of wealth. To make matters worse, those who successfully cornered a substantial part of the society wealth engaged in wanton profligacy and demonstration of affluence, a development which led to a feverish struggle for acquisition of wealth at all costs by the old and the young, male and female.

HOW NIGERIAN NAIRA UNOFFICIALLY BECAME LEGAL TENDER IN EUROPE: Nigerian Naira unofficially became a ‘’legal tender’’ in Britain and was accepted for commercial transactions at the Liverpool Market, London. Even in Germany, where many people flocked to purchase fairly used vehicles, commercial transactions could be unofficially done in Germany in Naira. Nigerians were encouraged to purchase properties in the United Kingdom. Then came the period of economic hardship in Nigeria. Britain protected its own interests and introduced the entry visa policy that made it mandatory for Nigerians to obtain visas. The theory of international conspiracy was plausible, as the Western world engaged in orchestrated designs which weakened the oil cartel, the Organization of Petroleum Exporting Countries (OPEC) of which Nigeria remains a prominent member.

FAMILY VALUES & VIRTUES & COMPLICITY: Whoever has not read the Thabo Mbeki Report commissioned by the African Union should do so for the sake of patriotism and tying up the loose ends to protect the collective interests of Third World nations to be subjugated. It pains a horrible picture of capital flight and how African nations are raped by superior economies. It speaks volumes that as much as 4 Billion of a foreign nation’s currency would get into that nation’s economy illegally without an alarm sounding in sophisticated settings. In financial crimes, there is always the giver and the receiver, who both should be regarded as culprits. I say that if the economy improves to the level it was in the 1970s again, Britain will reexamine its policy on Nigeria to allow for inflow of resources from Nigeria again.

ILLICIT FUNDS SERVICE FOREIGN ECONOMIES: What happens? Such funds, in spite of their origin being traced to the developed world are deliberately tied down in the vaults of foreign nations that use illicit funds to service their economies. No interests are paid on such huge amounts in the coffers of foreign governments for as long as 20 years. They give seemingly impossible conditions to African governments for the repatriation of funds to countries of origin. I don’t know if diplomacy permits that; but I feel it is an insult to hold my money illegally for several years, and turn round to dictate to me how to utilize the funds that are no grants. Even if you give a loan, conditions are attached to such loans and you may have no right going beyond those conditions. Where are the interests accruable on such illegally siphoned funds that are held in the vaults of foreign governments? Here lies the very salient factor that produced armed robbers in a nation which placed great premium on family values, morality and good name. Nigerians were encouraged to invest in other nations.Multinationals are reported to be milking Africa dry through Illicit Financial Flows (IFFs) to the detriment of poor nations. And some officials of these countries insult us with impunity. Nigerians are called dirty names; yet there is no week that foreign institutions don’t visit Nigeria to recruit students from a supposed ”fantastically corrupt” country whose economy practically finances tertiary education in some Western countries. If only all those funds could be recirculated in the Nigerian economy, we would be better off. We must sit down and plan for the resent and future of our dear nation.

ECONOMIC POLICIES: Not too long ago, I read advertisements by foreign organizations for the processing of citizenships and resident permits for foreigners online and some local newspapers. Some were to invest to the tune of over Seven Hundred and Fifty (N750 million) Naira in order to be awarded citizenships and residency of foreign nations. But the question is: How many people in those First World nations can afford to part which such huge amounts in credit card economies? It is like calling on people to steal only to turn round to label them criminals and corrupt people!  If we could endure the seeming pains, we could ponder over the cancellation of domiciliary accounts denominated in foreign currencies for now, except those ones operated by Nigerians residing abroad. They are the people who really need to have this facility in place. Others who require this may apply to the appropriate financial institutions for allocation of the amounts required. This step could at least lessen the stress in our economy and make Nigerians look inwards to utilize our NIGERIA MADE PRODUCTS.

HOME-GROWN SOLUTIONS – BISHOP DAVID OYEDEPO: In his address to the 9th Convocation Ceremonies of Covenant University,Ogun State, Nigeria, delivered on June 27, 2014; its Chancellor, Dr. David Oyedepo Oyedepo, waxed philosophical: ‘’Ihave always believed in finding indigenous solutions to indigenous problems. You will agreewith me that in the animal kingdom, all animals find local solutions to their local problems.”They do not travel neither do they import goods and services, yet they succeeded inproviding solution to all their problems. ”It is also common knowledge that in the plantkingdom, trees do not move, yet from the same position they are able to access all they need. But man is the most intelligent creature of all of God’s creation, yet because he willnot take responsibility, he has not succeeded to find solution to his own local problems.”Someone once said, you are not a failure until you start looking for who to blame for it. Noamount of foreign interest or support that will be a substitute for our indigenousengagement in finding solutions to the issues ofour day. I have always believed that no solution can be more enduring than home-grown solutions.”

PROMOTING FAMILY VIRTUES & VALUES – PLEASE  JOIN THE CRUSADE: No society grows without paying attention to its young ones. It is possible for Nigeria to get it right again by going back to the drawing board to evolve policies and measures that would launch us into stardom and take our rightful place in the comity of nations. If this must happen, the following partners have to collaborate more to be more effective in parental responsibilities

  • Government must provide the enabling environment.
  • Spouses form the right segment of the society that should make this noble objective happen consists of spouses, whose activities are copied by their children and wards.
  • Equally affected are institutions charged with mentoring and parental responsibilities like places of worship and institutions of learning that values and virtues in the younger ones
  • The civil society includes the government and the governed,
  • Civil Society Organization
  • JUSTIFICATION FOR OUR CAMPAIGN: Everyone in a society has some basic functions to perform as influencing development is a joint task of the bodies are so important that in situations where they are not able to perform efficiently and effectively, the society suffers tremendously.
  • It is what a society sows in terms of bringing the young ones up that they reap.
    PROMOTING FAMILY VALUES & VIRTUES: JOIN THE CRUSADE
    No society grows without paying attention to its young ones. It is possible for Nigeria to get it right again by going back to the drawing board to evolve policies and measures that would launch us into stardom and take our rightful place in the comity of nations. If this must happen, the following partners have to collaborate more to be more effective in parental responsibilities
    • Government must provide the enabling environment.
    • Spouses form the right segment of the society that should make this noble objective happen consists of spouses, whose activities are copied by their children and wards.
    • Equally affected are institutions charged with mentoring and parental responsibilities like places of worship and institutions of learning that values and virtues in the younger ones
    • The civil society includes the government and the governed,
    • Civil Society Organizations
    JUSTIFICATION FOR OUR CAMPAIGN
    • Everyone in a society has some basic functions to perform as influencing development is a joint task of the bodies are so important that in situations where they are not able to perform efficiently and effectively, the society suffers tremendously.
    • It is what a society sows in terms of bringing the young ones up that they reap.
    • Proactive steps are required to reduce and control social ills and promote FAMILY VALUES
    • Our activities on TERRIFIC HEADLINES have been designed to further encourage men and women alike, with responsibility for the training of children and ward and managing the home, to stand committed to the objective of joint responsibility for successes of couples in life.
    • Please visit: www.couplesofvituesandvalues.com,
    • Please visit: www.couplesofvituesandvalues.com,
  • Proactive steps are required to reduce and control social ills and promote FAMILY VALUES
  • Our activities on TERRIFIC HEADLINES have been designed to further encourage men and women alike, with responsibility for the training of children and ward and managing the home, to stand committed to the objective of joint responsibility for successes of couples in life.
  • Please visit: couplesofvituesandvalues.com,