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Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi - Politics - Nairaland

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Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by Racoon(m): 7:43am On Oct 28, 2023
Taking on Tinubu's minister who said Nigeria is broke and can barely pay salaries while the political elite luxuriate in obscene, sybaritic lavishness:

Twitter: @farooqkperogi

Minister of Budget and National Economic Planning Abubakar Atiku Bagudu said last week Thursday that Nigeria is so stone-broke, so impotently bankrupt it’s barely surviving. “There is no money anywhere in the country,” he said. “The government is just managing to pay salaries.” Oh really? Is the government also “managing” to fund the loud, in-your-face, insensitive hedonism of people in power?


Being “broke” is a boringly familiar refrain of APC governments. Type “Nigeria is broke” on Google, and you’ll find matches for it from at least 2016. Maybe PDP governments also made similar claims in the past, but my admittedly perfunctory Google search didn’t throw up any results. It doesn’t matter, though, because there are no political parties in Nigeria. There are only elites who are in power and elites who are out of power.

Lamentations about being “broke” while engaging in callously conspicuous consumption reminds me of a social media meme that trended a while ago in the United States. It’s called “not broke but broque.” “Broke,” we all know, is the informal term for being strapped for cash. “Broque,” on the other hand, is a playful lexical and semantic contortion of “broke.”

Also called “bougie broke,” broque means being heedlessly lavish and showy in expenditures while claiming to be cash-strapped. In other words, it’s reckless profligacy and financial irresponsibility amid privation. Applied to Nigeria, it’s the exponential rise in multiple subsidies for fat cats in and out of government amid an ostensible financial crunch.

It recalls my favorite Mahatma Ghandhi aphorism: “There is enough for everybody's need and not for everybody's greed." Nigeria isn’t “broke” because of the need of everyday citizens; it’s “broke” because of the greed of the political elites. There is enough for everyone’s needs but there isn’t—and there won’t ever be— enough for the endlessly insatiable greed of the political elites and their underlings.

When government officials say Nigeria is “broke,” they often only mean that the finances of the nation have dwindled down to the point that meeting basic, age-old governmental obligations like paying starvation wages to workers is threatening to cause them to give up an inch of the extortionate indulgences they habitually luxuriate in.

If paying the miserly N30,000 a month to the federal minimum wage worker might lead to a little dip in the funds that finance the epicurean pleasures of people in government and their cronies, then Nigeria is “broke.”

For example, although every member of the Federal House of Representatives will get a car worth N160 million this year, the House voted Wednesday to defeat Edo State Rep. Anamero Dekeri’s motion on the “Need to compel JAMB, WAEC and NECO examination bodies to register students for free in the 2023-2024 examination exercise,” presumably because Nigeria is too “broke” to afford to fund the education of its youth who have the misfortune to be sired by poor parents.

And, although Nigeria is barely paying salaries and is too poor to fund fuel subsidies (about the only benefit poor people derived from the government), N57.6 billion will be spent this year to buy foreign luxury cars for legislators.

The Chairman of the Committee on Senate Services by the name of Sunday Karimi told newsmen on Tuesday that the price tag for the vehicles is steep because they are foreign, not locally manufactured cars, which are needed because of their reliability and durability. “These vehicles that you see [referring to their current cars that need to be replaced], go to Nigeria roads today, If I go home once, my senatorial district, I come back spending a lot on my vehicles because our roads are bad,” he said.


Then he threw a challenge to critics who are fixated on the luxuries of National Assembly members while ignoring the more extravagant opulence that members of the executive branch bask in. “We know ministers with more than three Land Cruisers, Prado, and other vehicles, and Nigerians are not asking them questions. Why us?” I think that’s a fair point.

In every budget, the Nigerian government allocates funds for the purchase of new, usually foreign, cars for people in the executive branch. I’ve always wondered what happens to the one-year-old cars that are replaced every year. Where do they go? Who gets them? No country in the rich, industrialized world buys new cars for government officials every year. But a perpetually “broke” country does.

Recall, too, that Nigeria has one of the world’s most expensive presidential air fleets. No one seems to know for certain how many aircraft we have in the presidential fleet, but estimates range from 10 to 7. After our unceasing reminders to Buhari— in the early days of his first term— of his promise to sell off the aircraft in the fleet, he lied to the world that he had sold two. He lied to repel continual public scrutiny.

Most importantly, though, a November 17, 2015, statement from the Buhari administration admitted that it cost the nation $15 million to maintain the presidential air fleet in just six months. That was how much it cost the British government to buy a dedicated plane for the British Prime Minister and the British Royal family in 2015.

Spending $30 million a year to maintain a presidential air fleet (if that cost hasn’t increased since then) is grossly offensive to basic decency for a country that interminably whines about being “broke” when it’s called upon to meet its obligation to its citizens. This is particularly unconscionable because presidential jets have now been converted to objects of transportational vanity by the family of the president.

Buhari inaugurated what, in a January 11, 2020, article I called the “Uberization and Keke NAPEPization of Presidential Jets.” In January 2020, it came to light that Buhari’s daughter, Hanan, paid a visit to Bauchi with the presidential jet "on a study tour... as part of her academic programme" at a London university where she was enrolled for a master's degree, according to Premium Times!

It also turned out that Hanan had actually used TWO presidential jets in the past to visit Kebbi State for her BA project on the Gwandu emirate. There was no precedent for that level of brazen abuse of the office of the president.


As I wrote at the time, “None of Obasanjo’s children ever used a presidential jet for personal vanity trips. We definitely never heard of any Yar’adua children using a presidential jet for private functions. And most people never even knew Jonathan had children. We barely heard of or saw them, and surely never ever read that any of them used a presidential jet without their dad in it.”

Tinubu has continued from where Buhari left off. His son, Seyi, flew on a presidential jet—and flaunted it—to watch a Polo game in Kano. Apparently, he has also turned our presidential jets to his Uber.

Also consider that although the Nigerian government always says it’s “broke,” it budgets billions of naira every year to feed the president and the vice president. In the United States, on the other hand, presidents pay for their own food from their pockets. As Gary Walters, a former White House Chief of Staff, told the (London) Guardian, “All those things that are personal in nature that we all pay for, the first family pays for.”

“It’s just the tradition that it’s continued on through time that the president will pay for their own food and, I guess, if they needed something for the house that was personal. Toothpaste, cologne or whatever,” William Bushong, a White House historian, told the Guardian.

“Nobody had told us that the president and his wife are charged for every meal, as well as for such incidentals as dry cleaning, toothpaste and other toiletries,” Ronald Reagan’s wife was reported to have said in 1981.

If Nigeria is truly “broke,” let it reflect this from the people in power. For starters, reduce the number of ministers to just 36. Cars for ministers and legislators should be replenished every four years, not every year, and should be locally manufactured.

I have more suggestions, but I know it’s wishful thinking to expect that the elite will change their ways. Nigerians are not even interested in demanding accountability from their oppressors. Why should the oppressors willingly give up their sinecure? Frederick Douglass was right when he said, “Power concedes nothing without a demand. It never did and it never will.”
https://www.farooqkperogi.com/2023/10/nigerias-not-broke-its-political-elites.html

21 Likes 5 Shares

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by Racoon(m): 7:44am On Oct 28, 2023
Nigeria is broke and can barely pay salaries while the political elite luxuriate in obscene, sybaritic lavishness.Being “broke” is a boringly familiar refrain of APC governments. 

17 Likes 1 Share

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by Racoon(m): 7:46am On Oct 28, 2023
In January 2020, it came to light that Buhari’s daughter, Hanan, paid a visit to Bauchi with the presidential jet "on a study tour... as part of her academic programme" at a London university where she was enrolled for a master's degree, according to Premium Times!

It also turned out that Hanan had actually used TWO presidential jets in the past to visit Kebbi State for her BA project on the Gwandu emirate. There was no precedent for that level of brazen abuse of the office of the president.

Tinubu has continued from where Buhari left off. His son, Seyi, flew on a presidential jet—and flaunted it—to watch a Polo game in Kano. Apparently, he has also turned our presidential jets to his Uber.
So much impunity and lawlessness

12 Likes

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by Herdsmen: 7:57am On Oct 28, 2023
Walahi one day nigeria go catch fire... tribalism Dey hold am back.. na our person .. e the rot the go..

But if an Igbo man enter there ba?

Na by fire e go take catch fire ..

Gej go be chides ..

Tribalism destroyed Nigeria. Envy will disintegrate it..

... not Biafra noise or secession

18 Likes

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by JASONjnr(m): 7:58am On Oct 28, 2023
Ofcoz it doesn't make sense when we read about Nigeria getting broke.....


We're extremely blessed and rich and we generate taxes on a daily.

Even on weekends and non-working days, the government still generate tons of money from VATs. SMS, transfer, calls and browsing.

But sha, if Nigeria must rid itself of corruption, it must come with a price.. and that will be WAR.

The rich folks and corrupt politicians and their families must lose their lives.

14 Likes

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by XerXers: 7:59am On Oct 28, 2023
Exactly what Peter Obi has been saying

11 Likes

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by ImDStar: 7:59am On Oct 28, 2023
Forget, Nigeria is broke, let the poor continue to make sacrifices and pay even with their lives, and their senators continue to buy cars of 160million Naira.

Enough suffering will reset everyone's brain.
Nigerians have not suffered enough to be sincere.

18 Likes 3 Shares

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by Passionate888: 8:02am On Oct 28, 2023
Tinubu sef

1 Like 1 Share

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by Kukutente23: 8:02am On Oct 28, 2023
Hmmm

Wait for nairalanda1 to come and explain to you how Nigeria is broke.
Nigeria is broke because the political elites are corrupt. Imagine a former gov stealing billions of pounds yet discharged and acquitted by the judiciary only for him to get to UK and plead guilty.

Lol. He's here!! Always ready to defend corrupt politician with a chapter of brighter grammar grin

14 Likes

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by SensualMan: 8:02am On Oct 28, 2023
Nigeria is not broke and can never be broke apart from Ibadan residents who are broke, hungry, and deserted.

4 Likes

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by YorubaPrince: 8:02am On Oct 28, 2023
Death to all 9ja Politicians and their useless supporters! angry

25 Likes

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by nairalanda1(m): 8:02am On Oct 28, 2023
The truth is, we are broke, and that is all the more reason why our leaders living the lifestlyles of the Rich is awful.

Anyway, here is why we are poor.

1.Our oil revenue is basically enough for a nation of less than 10 million people, not 200 million people

2.Our economy is not diversifed. 80% of our revenue comes from oil.

3.Because of instability of oil prices, we never have oil where it should be, meaning we have to take loans to keep head above water when oil is low, and pay back when oil prices are high...which is what happened in the past, and what is happening now.

4.Our debt as at 2022 was twice our budget. Yeah, that's scary. Debt servicing eats as much as 90% of our oil revenue as at today.

5.Again we sell raw materials. We don't use them to make usable product for the world market. We sell them...for 10 billion, think we have made bank, while the materials we sold are used to make products worth 2-3 times that...and we see none of the money.

6. The country is run on subsides, because Nigerians are too broke to pay full price for anything. We only got rid of petrol subsides (which is in anyway turning out to be a lie)....because we ran out of money to maintain it 10 years ago. (E get why I say am). Power companies are fully subsidised...or else they would have long since collapsed.


And it isn't only Nigeria...every African nation south of the Sahara, has the same story. Ghana which many people love to praise is now having blackouts because they cannot pay for the gas....because cocoa prices have not been high enough anyway.


We have to diversify our economy and become an exporter of manufactured goods and services. Being an oil rich nation is basically a poor boy wearing rich clothes he cannot afford. YES-that includes countries like Saudi.


And it still boils down to one thing.....BAD LEADERSHIP. BAD LEADERSHIP. Leaders failed to take us the right way, and contributed to it by the corruption and stealing. And still do so, (that's for ye APC supporters). Here we are.

23 Likes

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by MANNABBQGRILLS: 8:02am On Oct 28, 2023
Perhaps....
He may be right ✅️

2 Likes 1 Share

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by Goodvibes007: 8:03am On Oct 28, 2023
Racoon:
In January 2020, it came to light that Buhari’s daughter, Hanan, paid a visit to Bauchi with the presidential jet "on a study tour... as part of her academic programme" at a London university where she was enrolled for a master's degree, according to Premium Times!

It also turned out that Hanan had actually used TWO presidential jets in the past to visit Kebbi State for her BA project on the Gwandu emirate. There was no precedent for that level of brazen abuse of the office of the president.

Tinubu has continued from where Buhari left off. His son, Seyi, flew on a presidential jet—and flaunted it—to watch a Polo game in Kano. Apparently, he has also turned our presidential jets to his Uber.
Tell one of your family member to contest for the presidency.
Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by Authoreety: 8:03am On Oct 28, 2023
Peter Obi would have tried to change the narrative to an extent... But guess what.. This same elites fought tooth and nail to make sure he dosn't get there for their own selfish reasons

cry lipsrsealed

3 Likes

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by mrvitalis(m): 8:04am On Oct 28, 2023
200 million people earning $1 billion monthly is not broke?

Even if it's $2 billion

Nigeria is a broke country

We have a revenue problem

1 Like 1 Share

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by Neddyned(m): 8:04am On Oct 28, 2023
If Nigeria matter weak you kindly like this comment

1 Like

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by Basicend: 8:04am On Oct 28, 2023
We all know the prob with Nigeria are the elites and the chief politicians. .

But this clown is not different from them. . He is just wailing now coz the cake is not reaching him now. .

Until fire burns all these Nigeria oppressors . . We are not yet ready for any change. .

2 Likes

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by StOla: 8:05am On Oct 28, 2023
Truly we can cut costs, but every worker want more pay.

Even retired Supreme Court Justice complained bitterly about salary.
Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by CasNova: 8:05am On Oct 28, 2023
I don't believe Nigeria is broke. Let our leaders demonstrate the 'brokeness' by slashing their emoluments. Let them lead by example and we will believe that Nigeria is broke.

2 Likes

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by MyExpression(m): 8:06am On Oct 28, 2023
In 2015, you can become a millionaire in $ If you have 150 million naira. Rate was N150/$.

Today, you need 1.3 billion naira, to become a millionaire in Dollars.

You see why we are wailing?!

Except you don't do transactions in dollar.
We're paying x7 of what we had 8yrs ago.

Everything got 100% expensive every year....do you see the picture?
...and most salaries remained the same over those years.

1 Like

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by Xwizard: 8:07am On Oct 28, 2023
then you got the message wrong, it means we, I and you are the country, not them. it’s understatement to be calling politicians and Nigerians as citizens together.




7 months old seberia husky available for a new home.

Hyperactive and pure breed with papers. Check my thread for my contact
Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by Slurity(m): 8:07am On Oct 28, 2023
People reason with there feet when they want to make others look bad. Nigeria is very broke and that is a fact. YOU NEED TO CONSIDER THE POPULATION OF THE PEOPLE THAT DEPEND ON A RESOURCES BEFORE YOU CONCLUDE. Divide our wealth by our population and see that we are not rich at all when compared to other Africa countries say less European countries. We are just growing too fast
Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by bhella10: 8:09am On Oct 28, 2023
Mr Writer Farooq you have been writing reckless letters without showing how many people you have help lifted out of poverty. Oga rest.
Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by wittywriter: 8:09am On Oct 28, 2023
Goodvibes007:

Tell one of your family member to contest for the presidency.

MANNABBQGR1LLS:
Perhaps....
He may be right ✅️

Vagabonds In Power! that you lots support (ass-lick).



Wittyness

4 Likes 1 Share

Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by Civetcat: 8:12am On Oct 28, 2023
Msteew
Re: Nigeria Is Not Broke, It’s Political Elites That Are “Broque” By Farooq Kperogi by marlow1962(m): 8:14am On Oct 28, 2023
Definitely Nigeria and Nigerians are not broke, anybody that says otherwise, spit into his or her eyes.

Since Nigerians don't want to wake up, okay una go wake up by force. Bobo Chicago should keep doing what he's doing, roll out another policy to suffer the citizens, normally they will surely adapt to the suffering (no be today them don they adapt).
Petrol is 660 in my area, anytime I drive around to go get petrol, I look at the displayed price and I look I Nigerians buying it, I go just shake my head (what a pity). Notice everybody buying it and smiling, nobody Cary coffin for head protest, coward citizens. If you talk your fellow affected human go tell you shetup we are in this together, barely one year lol, let see how it goes.
I don't want to talk about food or jobs,or other basic amenities you ought to enjoy as a citizen.

1 Like

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