Imperial:
May your tribe increase for what you wrote below!
Corruption has EATEN SO DEEP into the Nigerian economic system that the 2-5% who have taken - both legally and illegally - the 95% of the Nation's commonwealth have devised a way of SPREADING that INEQUITY among the raped in Nigeria, so much so the cry of "Bring Back Corruption" is like the cry of the Jews to "Return us to Egypt o, Moses....if it is only manna your God will be supplying us in the desert!"
They never did return to Egypt - and may Nigeria NEVER return to Egypt. (Amen).
I feel the pain myself, when, upon my arrival in Nigeria in 2011, the Naira exchanged for N155-165 to $1, only for it now in 2016 to be hovering in the N350-400 axis, with possibility of it going higher. With many personal responsibilities still in dollars, I feel the pain. I feel the pain when during that period, people were always begging for money or for employment - ceaselessly.
But my personal forex issue is an elite concern - because most Nigerians don't even see NAIRA for eye not to talk of DOLLARS. It is NOT an elite concern for industries that depend on raw materials and/or equipment from abroad, or for investors who earn money in Naifra and want to repatriate it in dollars/ However the new situation calls for a new paradigm shift in our Nation's economy, and there is no better time than now.
Do I blame Buhari for all of these happenings? Absolutely not, because it is an ACCUMULATION of past national leadership unwillingness, inability or incapability to face the fact that as a nation, we could not FOR EVER be a monocultural oil-and-gas economy, and at the same time have a mono-energy-oil-and-gas-source technology dependence, and not have strategic disaster in our hands sooner or later. How can we all of these years have oil and gas contributing 90% of foreign earnings, 80% of total national earnings, 83% of electricity production source - and yet have only 4000 MW of public electricity production kwashiokor all of these years, despite years of pouring in money to increase electricity production, which is the sine-qua-non of technological productivity.
That "sooner or later" is NOW - and we must face up to it once and for all - and fortunately or unfortunately, it falls on Buhari and his government's laps. Whether it will succeed, the jury is out.
In a few back-and-forth SMS with a friend just yesterday, I wrote that hateful cynicism has never built a nation. Those who want corruption to return because the rapacious ancien regime lost out will continue to wail, even mock and sabotage every opportunity to make corrections. Things would have been "worser" if that ancien regime had returned to power at the center, because the rape of the nation would have continued, and it would have been hiding the true situation while continuing the "direct stealing" - and then spreading the gravy around. Yes, maybe the Avengers would not have been avenging - there would have been no political incentive - and so our drop in oil production would not have compounded our current financial situation - but no nation worth its salt should give in to politics-induced militant criminality.
It is clear that in many previous administrations - not just the last one - Nigerian governance was essentially a pyramidal criminal enterprise comprising legislators, bankers, judges, lawyers, government bureaucrats and many Executive administrators (at the federal, state and local government levels) - and even some in the Press - with crumbs being given to "grateful" family members, political associates, business acolytes and other hangers-on. Those people did not just go away on May 29, 2015. Being unable to eat at the trough in a brazen a manner as before, many of them and their acolytes are using the present hard conditions to hit at those trying to make fundamental corrections to those mistakes - like TSA, BVN, ZBB, a re-balanced budget (old habits reared its ugly head with "padding" disclosures), a functional and well-funded security apparatus. economy diversification (which does not happen overnight), etc. etc.
Even the corrections are not deep enough, essentially because with the little money being earned from our monoculture of oil - low production, low purchase, low price - even LEGAL official expenditures are difficult to carry out by government.
What one simply hopes and prays for is that the Buhari administration will not be panicked by all the loud noises of distress and cacophony of advice around it. It should sift the wheat of good advice from the chaff of sullen disappointments. It must do NOTHING to indicate to the people that the Administration is continuing the criminal enterprise that they have come to correct - like re-looting loot. The Administration also needs young, steady, suave and regular spokespersons communicating government policies, not sound-biters and political propagandists that may have been more appropriate for election purposes. At 73, the civilian Buhari (transformed from the military dictator Buhari) has indeed lost a step or two - and hates to be typecast as a "dictator" of any hue - but Nigeria needs some firmness of leadership, particular as leader of a political party, and head of a government. Aloofness is NOT an option. Finally, a number of his top officials and ministers are misfits, and are not serving him well, in my opinion; after one year plus, he should look to re-shuffle his cabinet.
And there you have it.
Bolaji Aluko
On Mon, Sep 5, 2016 at 7:45 AM, Maigoro A Jos <maigoroajos@gmail.com> wrote:
Obviously, this is the real picture of our state of the nation but
mind you, only those with moral thought can acquaintance with you.
The beneficiaries of corruption and unapologetic PDP crooks are making
the atmosphere so noisy that PMB's policies not friendly.
Maigoro
On 04/09/2016, Imperial imperial_ltd@yahoo.com [YanArewa]
<YanArewa@yahoogroups.com> wrote:
>
> I have been following closely the activities of this government and whenever
> I have the opportunity, I try to find out the opinions of people as regards
> the performance of this government. I just realized that the hardship faced
> by many Nigerians is simply as a result of the fact that almost everyone of
> us benefited from the cycle of corruption.
> The bricklayer, plumber, laborers, tiler are all complaining because
> building construction has slowed down massively cause the thieves no longer
> have money to spend on real estate.
> The car dealers are grumbling because their cars are begging for buyers.
> Thieves can no longer spend wastefully.
> The private school owners are shouting because parents can no longer pay
> outrageous sums and are withdrawing their wards. I was shocked when I learn
> that in a popular private University in Abuja, parents are writing
> undertaking at the account section for their children to be allowed to write
> exams... and it goes on and on.
> The fact is, a lot of people are returning to what someone referred to as
> ''default mode''.We mostly have been living above our REAL MEANS. We have
> been staying in houses that ordinarily our incomes can't afford. Our
> children going to schools we can't afford. Driving cars we ordinarily can't
> maintain.
> We have been living a FAKE LIFE all along. Now the reality is before us and
> we don't want to accept it. This shows how morally bankrupt we are.
>
> You can't eat your Cake and have it. TAKE NOTE........"GOD HELP AND BLESS
> NIGERIA"
>
> You got billions from bank without collateral using your political
> influence. You put half into your business and spent the other half on
> exotic cars, jewelries' etc. Your business employs 100 people normally. You
> get illegal waivers and concessions to import raw materials at rock bottom
> prices, you get over-inflated contract to supply government some goods your
> company produce....in short your company is kept afloat by corruption.
> Now the new Sherriff in town say no more ridiculous waivers, no more
> inflated contracts, no more bank loans without collateral, in fact its time
> you or your company pay off the billions of debt owed.....AMCON takes over
> your company, staff are laid off......And you go on air and say the new
> sheriff is killing business and causing unemployment..
> The truth is....you and your company were never in business, you were only
> feeding off the system. Too many companies and banks are funded by
> corruption. Remove corruption from the system and they collapse.......and we
> end up blaming the person that removes corruption for the collapse of the
> corruptly run fake company.
> Its like our system and corruption are so interwoven and inseparable that
> removing one will kill the other. Maybe we should tolerate and learn to live
> with corruption so that Nigeria can survive?
>
> Sent from my iPhone
>
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