Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,155,220 members, 7,825,835 topics. Date: Monday, 13 May 2024 at 01:12 AM |
Nairaland Forum / Dochido's Profile / Dochido's Posts
(1) (2) (of 2 pages)
Foreign Affairs / Re: What We Will Do To Hamas Will Be Remembered For Generations To Come - Netanyahu by Dochido(m): 6:29am On Oct 10, 2023 |
benuejosh:Thanks brother tell them |
Food / Re: If A Wife Owns A Restaurant, Should The Husband Pay After Eating? by Dochido(m): 6:19pm On Oct 06, 2023 |
I owned a restaurant when my wife come around she eat without paying She have her own shop when I go there I will pay for everything I took from her shop I give her feeding money weekly 1 Like |
Politics / Re: Zainab Ahmed: Insecurity, Recession Responsible For Nigeria’s Huge Spending by Dochido(m): 9:11pm On Jan 05, 2022 |
I don't understand this government You want to borrow up to 6 trillion |
Travel / Re: Abia Airport: Ground Breaking Ceremony To Hold Next Month by Dochido(m): 5:57pm On Aug 08, 2020 |
The money your master borrowed for new government house we are paying it and we did not see anything You want to borrow your own The loan your collected from world bank for umuahia and aba water projects we did not see any thing Where is the money And you want to collect another one |
Crime / Re: Corpses At Pastor Blessed Kelechukwu's House In Abia: Updates (Photos) by Dochido(m): 4:29pm On Oct 21, 2018 |
rest in peace my brother and friend @ikenna |
Politics / Re: Saraki Faults INEC Verdict On Osun Polls, Urges PDP Supporters To Remain Firm by Dochido(m): 8:56pm On Sep 23, 2018 |
If law makers don't understand the law, we need serious prayers in this country. Must it be about Tribe, Party or Region at all times. |
Politics / Re: Buhari's First Day In Office As Military Head Of State 1983 by Dochido(m): 6:53pm On Jun 18, 2018 |
Shagari's was not elected, he was head of interim government |
Phones / Re: How Do I Report Airtel To Ncc For Them To Pay For Damage by Dochido(m): 8:04am On Jun 10, 2018 |
if you call them more 2 times because the same problem they won't answer you |
Politics / Re: Africa Is Rich But West Are Stealing Our Wealth by Dochido(m): 6:26am On Jan 21, 2018 |
key word $161bn entering the economy and $203 bn leaving the economy every year |
Politics / Africa Is Rich But West Are Stealing Our Wealth by Dochido(m): 6:21am On Jan 21, 2018 |
Our climate crisis was not caused by Africa, but Africans will feel the effect more than most others, writes Dearden [Siphiwe Sibeko/Reuters] Africa is poor, but we can try to help its people. It's a simple statement, repeated through a thousand images, newspaper stories and charity appeals each year, so that it takes on the weight of truth. When we read it, we reinforce assumptions and stories about Africa that we've heard throughout our lives. We reconfirm our image of Africa. Try something different. Africa is rich, but we steal its wealth. Play Videocassette INSIDE STORY: Can African leaders stop money laundering? (24:46) Advertisement That's the essence of a report ( pdf ) from several campaign groups released today. Based on a set of new figures, it finds that sub-Saharan Africa is a net creditor to the rest of the world to the tune of more than $41bn. Sure, there's money going in: around $161bn a year in the form of loans, remittances (those working outside Africa and sending money back home), and aid. But there's also $203bn leaving the continent. Some of this is direct, such as $68bn in mainly dodged taxes. Essentially multinational corporations "steal" much of this - legally - by pretending they are really generating their wealth in tax havens. These so-called "illicit financial flows" amount to around 6.1 percent of the continent's entire gross domestic product (GDP) - or three times what Africa receives in aid. Then there's the $30bn that these corporations "repatriate" - profits they make in Africa but send back to their home country, or elsewhere, to enjoy their wealth. The City of London is awash with profits extracted from the land and labour of Africa. OPINION: Africa's natural resources - From curse to a blessing There are also more indirect means by which we pull wealth out of Africa. Today's report estimates that $29bn a year is being stolen from Africa in illegal logging, fishing and trade in wildlife. $36bn is owed to Africa as a result of the damage that climate change will cause to their societies and economies as they are unable to use fossil fuels to develop in the way that Europe did. Our climate crisis was not caused by Africa, but Africans will feel the effect more than most others. Needless to say, the funds are not currently forthcoming. If African countries are to benefit from foreign investment, they must be allowed to - even helped to - legally regulate that investment and the corporations that often bring it. In fact, even this assessment is enormously generous, because it assumes that all of the wealth flowing into Africa is benefitting the people of that continent. But loans to governments and the private sector (at more than $50bn) can turn into unpayable and odious debt. Ghana is losing 30 per cent of its government revenue to debt repayments, paying loans which were often made speculatively, based on high commodity prices, and carrying whopping rates of interest. One particularly odious aluminium smelter in Mozambique, built with loans and aid money, is currently costing the country £21 for every £1 that the Mozambique government received. British aid, which is used to set up private schools and health centres, can undermine the creation of decent public services, which is why such private schools are being closed down in Uganda and Kenya. Of course, some Africans have benefitted from this economy. There are now around 165,000 very rich Africans, with combined holdings of $860bn. But, given the way the economy works, where do these people mainly keep their wealth? In tax havens. A 2014 estimate suggests that rich Africans were holding a massive $500bn in tax havens. Africa's people are effectively robbed of wealth by an economy that enables a tiny minority of Africans to get rich by allowing wealth to flow out of Africa. So what is the answer? Western governments would like to be seen as generous beneficiaries, doing what they can to "help those unable to help themselves". But the first task is to stop perpetuating the harm they are doing. Governments need to stop forcing African governments to open up their economy to privatisation, and their markets to unfair competition. OPINION: Investment in Africa - There's room for everyone If African countries are to benefit from foreign investment, they must be allowed to - even helped to - legally regulate that investment and the corporations that often bring it. And they might want to think about not putting their faith in the extractives sector. Play Video How to Rob Africa (25:00) With few exceptions, countries with abundant mineral wealth experience poorer democracy, weaker economic growth, and worse development. To prevent tax dodging, governments must stop prevaricating on action to address tax havens. No country should tolerate companies with subsidiaries based in tax havens operating in their country. Aid is tiny, and the very least it can do, if spent well, is to return some of Africa's looted wealth. We should see it both as a form of reparations and redistribution, just as the tax system allows us to redistribute wealth from the richest to the poorest within individual societies. The same should be expected from the global "society". To even begin to embark on such an ambitious programme, we must change the way we talk and think about Africa. It's not about making people feel guilty, but correctly diagnosing a problem in order to provide a solution. We are not, currently, "helping" Africa. Africa is rich. Let's stop making it poorer 1 Like 1 Share |
Politics / Re: Soldiers Beat And Flog IPOB Supporters In Isiala Ngwa, Abia (Photos, Video) by Dochido(m): 5:41pm On Sep 12, 2017 |
NA leave this people alone |
Politics / Re: Mascot And Adaeze Uzor Kalu Celebrate Daughter One Year Birthday. by Dochido(m): 7:55pm On Jun 28, 2017 |
INVESTORBNAIRA:true my man |
Celebrities / Re: Daniella Okeke And Her Mother Share Striking Resemblance (Photo) by Dochido(m): 4:45pm On Jun 13, 2017 |
OK |
Politics / When Will Abia Have A Good Leader by Dochido(m): 11:58am On Jan 12, 2017 |
WHEN WILL ABIA STATE HAVE A GOOD LEADER? Ladies and gentlemen, of a truth, i have decided to use the above title and would not in any give it a nebulous approach. For those who have tilted and titled in their own right and tend to potend Abia {God's own} State in their own perspective, well that is their own cup of tea. For those who are not aware and conversant with the history of Abia State, let me enlighten us that it was created on the 27th of August 1991 from the defunct Imo State. Eversince, various leaders which ranges from Military to Civillian have emerged to administer and steer the ship of the State how they wish. However, the worst seems to be during the Civillian administration, apart from the regime of Dr. Ogbonnaya Onu{the first civillian Governor of the State between between 1992 to 1993}. Dr Orji Uzor Kalu assume post in the State 1999-2007 and nothing to show for it as he came and underdeveloped and impoverished the State the more. Among all the leaders who had served the State, the regime of Theodore Ahamefule Orji was the worst and this is even as he had since handed over to a stooge in the person of Okezie Ikpeazu. The question in the mouth of many now is why is Abia still lagging behind in terms of development. Why has Umuahia {the State capital} refused to develop despite the humongous allocation accrued to the State. The wost part of it is that workers in the State have not had the best of time as they are being owed arears and backlogs of salaries by the government. Pensioners in the State have since resorted to invoking the gods of their land, since it's as if the heavenly God has turned his back on them. But just as the holy bible said in the book of Psalms 121 "i will lift up my eyes unto the hills from where cometh my help? My help cometh from the lord who made heaven and earth." God can do all things because he is not man. Job 42:2 said it all. Well, it's my hope that Abian would one day have a God fearing man |
Politics / Re: Falana Asks EFCC To Probe FG Over $4bn Recovered Abacha Loot by Dochido(m): 1:17pm On Sep 25, 2016 |
Stelvin101: I know longer believe in nigeria 1 Like |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 6:24pm On Nov 16, 2013 |
clintonbusquet: I checked it last week. My friends from other departments like public admin, mechanical engineering have been given admission into their desired courses.i check my on 25/10/2013 and it show check again as admission pro. is ongoing .jamb 165 and post jamb 250 SLT.how many times have u check your own |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 9:37pm On Nov 15, 2013 |
clintonbusquet: Greetings everyone. Please i have a problem. I got 179 in jamb and i got 260 in my post ume, science laboratory technology. When i checked d admission status, i was given admission into fishery. What can i do? I don't just understand.when did u chech it |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 10:44am On Nov 12, 2013 |
I have jamb 165 and post ume 250 SLT |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 12:35pm On Nov 02, 2013 |
nonsom: NEXT WK.by god grace my name will there .nonsom i want to know you more |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 10:23pm On Nov 01, 2013 |
nonsom: YESwhen will it come out |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 10:29am On Nov 01, 2013 |
nonsom: Extra hope.will there be second list |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 7:22pm On Oct 31, 2013 |
nonsom: Too much hope.slt |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 10:35am On Oct 31, 2013 |
Waiting for 2nd list with post ume 250 and jamb 165 |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 7:59pm On Oct 10, 2013 |
Have some body check his name |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 10:18pm On Oct 04, 2013 |
Which pin to use |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 4:12pm On Sep 27, 2013 |
What are they doing with our list |
Politics / Re: Two PDP Candidates Emerge For Anambra Guber Election by Dochido(m): 7:57pm On Aug 25, 2013 |
They do the same in abia state b/w orji and ikechi |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 11:02pm On Aug 15, 2013 |
My jamb is 164 and postumb is 250 SLT |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 10:04am On Jul 23, 2013 |
when will the result come out |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 12:27pm On Jun 20, 2013 |
my name is michael from umuahia i scored 164 put nekede |
Education / Re: Federal Polytechnic, Nekede Owerri FORUM. by Dochido(m): 12:25pm On Jun 20, 2013 |
my name is michael from umuahia i scored 164 |
(1) (2) (of 2 pages)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 38 |