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World Forum Blames Nigeria’s Problems On Corruption. - Politics - Nairaland

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World Forum Blames Nigeria’s Problems On Corruption. by Gbawe: 1:58pm On Nov 06, 2010
As if most Nigerians do not know this already. Nigerians, abeg , make una think . A vote for Jonathan, IBB, Saraki, Atiku, Gusau is a vote for "more of the same" and the detrimental continuation of the corruption that has ensured that our nation[b] is now the object of ridicule in Africa and internationally[/b]. Anyone without strong and proven credentials of immaterialism and a fervent zeal to fight corruption has no business becoming the next Nigerian President in 2011. We all know what is killing our nation . Let us stop with the rocket science analysis to understand that , first and foremost, we are going nowhere if we cannot tame corruption considerably. It is as simple as that.

http://234next.com/csp/cms/sites/Next/Home/5638757-146/world_forum_blames_nigerias_problems_on.csp

World Forum blames Nigeria’s problems on corruption
By Bassey Udo



The World Economic Forum (WEF) yesterday said the troubles with Nigeria’s economy were worsened by high corruption, poor socio-economic infrastructure and other vices in the political system.

The Chief Economist of WEF, Jennifer Blanke, who spoke yesterday at the opening of a workshop on National Competitiveness in Abuja, said Nigeria should take the issues of decay in its education system, poor infrastructure and corruption very seriously if it is to move from its present 127th position in the performance indicators of 139 countries recently captured by the forum.

According to Mrs Blanke, the country’s economic decline commenced since last year in the areas of finance management and handling of corporate governance issues in the financial system as well as the capital market, though she admitted that the country has the opportunity to grow up in the ranking, given the sophistication of businesses and the large market that companies can benefit from.

She identified specific areas Nigeria can focus on in order to further improve her competitiveness, including improvement in governance issues, development of strong currency institutions as well as improvement in the quality of education and infrastructure.

“I don’t know if there is any fast-track to achieving this goal. There are also issues that one definitely needs to focus on that has to deal with government corruption,” she said

Global watchdogs

The Minister of State for Finance, Yabawa Lawan Wabi, said that countries all over the world are increasingly becoming guided by the global competitiveness ranking of other countries in their development processes, as compiled and rendered by worldwide risk rating agencies, such as Fitch, Standard and Poor as well as Goldman Sachs.

“As we all are aware, several factors ranging from key economic indices, political stability and democratic ideals, social infrastructure to security are given significant weight in the determination of a country’s sovereign risk rating and global competitiveness ranking by these agencies,” she said.

The minister said the present administration is determined to put in place, policies and programmes that would propel quick and positive changes in Nigeria’s economic performance in the relevant areas, such as domestic production, employment generation, power and energy, education and health; deepening of our democracy, security and enabling the right institutional and regulatory framework that will elevate Nigeria’s National competitiveness.
Re: World Forum Blames Nigeria’s Problems On Corruption. by aljharem(m): 2:02pm On Nov 06, 2010
gbawe,
nigerians know, but ther vote does not count
unless there is a form of revolution
Re: World Forum Blames Nigeria’s Problems On Corruption. by Gbawe: 2:13pm On Nov 06, 2010
alj harem:

gbawe,
nigerians know, but ther vote does not count
unless there is a form of revolution

I pray there will be a voting "revolution" and resoluteness to remove the PDP from power next year. Nigeria's image and reputation is at an all time low. Hilary Clinton recently stated that Nigerian leaders can deliver progress but they remain unwilling to do so. Why do they remain unwilling to move Nigeria forward? Simple . Delivering progress for Nigerians will hurt the private interests of our leaders and the corrupt establishment backing them !!! This is why we cannot afford to vote for those who typify corruption and are backed by the most corrupt Nigerians who have ensured nothing works in Nigeria.
Re: World Forum Blames Nigeria’s Problems On Corruption. by excoba101: 4:28pm On Nov 06, 2010
I pray there will be a voting "revolution" and resoluteness to remove the PDP from power next year. Nigeria's image and reputation is at an all time low. Hilary Clinton recently stated that Nigerian leaders can deliver progress but they remain unwilling to do so. Why do they remain unwilling to move Nigeria forward? Simple . Delivering progress for Nigerians will hurt the private interests of our leaders and the corrupt establishment backing them !!! This is why we cannot afford to vote for those who typify corruption and are backed by the most corrupt Nigerians who have ensured nothing works in Nigeria.


I agree with your logic. It is corruption all the way. One person/leader will stop it someday. As the most black populous country in the world we ought to do something to promote respect for the black race. All the black race are depending on Nigeria for that. Trust me.

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