Sheikh Dr. Ahmad Mahmud Gumi has just
issued a statement via his Facebook page.
In it, he shares his views on some current
economic and business issues, shedding some
light on what, to his mind, the agenda of
the future Nigerian President shoud be.
Read the full text of his address below:
WE ARE SOLD OUT AGAIN
I don't intend to estimate how much of public
wealth is spent to build institutions of social
amenities like NEPA [National Electric Power
Authority], NITEL [Nigerian
Telecommunications Limited], RAILWAYS,
NIGERIAN REFINERIES, NIGERIAN
AIRWAYS etc., but definitely the peanuts-
amount paid by largely unknown individuals of
these life-line institutions built by patriotic
Nigerian past leaders calls for sober
reflection.
In the past, local chiefs have played a great but
damaging role in selling their own citizen as
slaves to the white slave-merchants in the
southwestern and eastern coast. It is then not
absolutely surprising how unpatriotic some
African rulers especially those mentally
colonized can be in selling their national assets
to foreign exploiters or their Nigerian show-
face. Otherwise who in Nigeria through hard
work can earn N404b Naira to buy NEPA?
If any of the buyers has anything to do with
government officials, the sell is null and void,
because that is pure nepotism. However, if such
a buyer enjoys exclusive government privileges
like the licenses to import sugar or any
commodity denied others, then such also is a
sham sell.
No doubt, public institutions can no longer be
managed as efficiently as private corporations,
therefore, the need to allow healthy
competitive investments by companies that
must spend 80 percent of their profits
internally if they happened to be foreign. But
that is not the case in Nigeria. Just as an
example, we heard that Companies like MTN
who enjoys a lot of privileges is not investing
enough in infrastructures to commensurate
with the costumer load of millions of
subscribers internally.
When NITEL and other corporations were sold
meagerly to TRANSCORP [Transnational
Corporation of Nigeria] by Obasanjo, president
Yar'Adua came and patriotically revoked such
phony contracts. Public assets should only be
sold as tiny shares giving every Nigerian the
opportunity to buy and sell his shares which
should be initially allocated to the level of the
LG's.
Ask any surgeon, an inflamed organ or tissue is
not cut through. Any nation suffering from
political and ethno-religious tensions should
never put its assets for sell. Only a fool will buy
such assets. I have the ardent belief that those
that 'bought' or dash themselves Nigerian
assets will lose all, as soon - in sha Allah - the
people's wealth will ultimately return to the
rightful owners.
This is should be one of the first duties of the
next President. You duty is to elect one that is
100% patriotic and conscious of your rights
and assets.
May Allah Protect us all from all evil. Amin.
What do you think of his words?

Ameen summa ameen.
Jazakallahumul khair @Op

Very interesting analysis. The Sheikh has got valid points, the only difficult part is where to get a patriotic president

D problem we have in dis country is lack of trust on it citizen dat is why our leader always prefer foreigners dan its citizen,and we are better dan then if we are given right people chance to do it.

Though I hardly talk or care about 2015, this is actuali one of d chief reasons why I shld care more... Am afraid that if any other person suceeds GEJ in 2015 (esp if, I am sorry to say, he is a Northerner), that person wud reverse many of d extremely crucial policies that GEJ is painstakingly pursuing (particularly in Power and d Oil sector) so as to appear 'patroitic' to an Ignorant and fearful public, just as Yar'adua very fooolishly reversed/sit on many of d few policies which OBJ got right thereby not only ending up doing almost nothing in 3 years but also practically taking us to ground zero in many of those things... GOD FORBID that any person tries to reverse or even delay d ongoing Power Reform Process for instance!! Maybe I reali need to start caring much about 2015

Bull's eye... Wait! Is he trying to say that GEJ isn't returning to Aso rock?

Monopoly made dangote and many others.

Babangida, Atiku and all the other power project owners did nt invent anything or discover any disease cure and yet are all richer that god.

Next president won't do any reversing as we now hav time to see the power supply steady.

Sheikh should preach to the bh not to blow up power installions, or just blow up the ones in their villages only.

Dis animal called sheik Gumi is nothing but a bigot! Is dis wot he is supposed to be preaching in d mosque? Dis is wia I have problem with muslims. I know all his desire is to have a muslim in power, only then can he rest. Mumu!

Arysexy: Dis animal called sheik Gumi is nothing but a bigot! Is dis wot he is supposed to be preaching in d mosque? Dis is wia I have problem with muslims. I know all his desire is to have a muslim in power, only then can he rest. Mumu!

seek another life blody stooge!
Why not enhance your knowledge with facts analysed on that article? You ought not to be blame but the system which allow you to think with your foot.

.

jas_o:
seek another life blody stooge!
Why not enhance your knowledge with facts analysed on that article? You ought not to be blame but the system which allow you to think with your foot.

Islamic stooge, zombie and slave, the main msg ur bigot sheik was passing can only be summed up as below»

This is should be one of the first duties of the
next President. You duty is to elect one that is
100% patriotic and conscious of your rights
and assets.
May Allah Protect us all from all evil. Amin.

rigormortis: THE NOBLE SHEIKH CAN LICK MY BALLS TILL THEY ARE DRY

...sorry,are you gay?
Back to the topic,i really cherished the part he spoke about an unjust monopoly,giving license to a particular person to import sugar and other commodities as against other business men,Dangote is the culprit and its very obvious...but the recalcitrant sheik must realise that in this 21st century,the best managers are private people,welfarism cannt succeed as an economic system,every responsible govt strives to develop its middle-class,by provision of neccessary amenities and making existing parastals work effectively through privatization and this enables employable youths to be employed!GEJs regime is trying in that aspect,we need to give him another tenure for the sake of continuity.

While there is an element of truth in the article,I cannot but fail to see the exclusion of the Hausa-Fulani from the Sahara slave trade and the modern slavery which saw them literarily completely abandon their African heritage for an Arabic one.you can also include their acting as proxies for a new and modern neo colonialism