₦airaland Forum

^-- Hrm, so improve the local breed so that the herdsmen have better cows?

Worth doing if it can be done, I guess.

Cannot disagree with his statement. He would be an outcast in Oduduwa Republic. Yet was able to achieve great heights in Nigeria.

However, his statement is a bit selfish, since it only looks at things from his perspective. Not that of either Nigeria or an Oduduwa nation.

Abekeade08:
Dayo is like my brother pple. Pick someone else to attach me with.

I am heading out now to shake my groove thang , so this list will get updated tomorrow. Y'all have a goodnight.

[quote author=Kilode?! link=topic=604046.msg7721670#msg7721670 date=1297566273]I think you mean't to say "many of the dudes who are working as professional laborers for the real owners of the intellectual property are of Chinese descent"

At the end of the day, they are Americans anyway.[/quote]No, this isn't the way to think about it. Say a team comes up with a great design for a microprocessor and patents it. The patent certainly has value, but of even more value is that team of engineers. Since with time and funding, they can improve upon what they've done.

Ultimately, technology and IP is about people with bright ideas, not companies. But obviously people can be moved around. If you strip away the talent from Intel and send it to China, within 5 years China will be able to produce processors as good as Intel.

Regarding your "American" comment, yes, fortunately for us, a lot of them view themselves as Americans  So they'll likely settle here for a while. But a good # of them return to China too.

Katsumoto:
China has not been the fastest growing economy in the world for 20 years. Its economy started to grow serious in 1999. It has not even dominated for maybe a year or two. It was the 8th fastest growing economy last year behind countries such as Qatar, Angola, Botswana, Azerbaijan. It is currently 4th this year behind Ghana, Qatar, and Turkmenistan.

Alright, I should have added the qualifier, "major economy." I thought this was clear from context. Anyway, over the past 20 or 30 years, China has been the fastest growing major economy in the world.

Where did you read that Japanese cars were initially cheap imitations of American cars? That is plainly wrong.

When they first came on the American market, they were viewed as inexpensive, unreliable, and of low quality. Now that are viewed as of high quality, reliability, and overall value. Isn't really something I've read, just the common sentiment of the US consumer over the past few decades.

Again that is wrong. How are individuals responsible for R&? Governments and corporations are responsible for R& through funding. If anyone discovers anything, be they chinese, their loyalty is to the sponsor of the R&.

No, this is wrong. Individuals are the one who perform R&. Governments and corporations certainly fund it, yes. But obviously a talented engineer, scientist etc can easily leave and form his own company. Or be poached by a rival. Or if he has a great idea but no money, find an investor to partner with.

So chinese-americans being part of a US company does not mean China gets the benefit.

Well, it isn't as if they are tied to these companies for life. They can pack up and go after working for a few years or completing their degrees. So China will indeed eventually benefit from sending so many of its citizens abroad.

Katsumoto:
Investment in infrastructure is heavy. That is why only governments or private sector in very stable economies are responsible for it. Would you invest in a system when you are not sure whether a new govt will honour the committment of previous govts? (Think of Yaradua policies after OBJ)

I agree on the bolded. But rather than relying on the FG, I'm more interested in seeking private investors from abroad (or locally, if they have sufficient funds). Good examples are the light rail projects occuring in Lagos. Each costs $1 billion. Two of the 7 are underway. Money sourced through international investors.

China did not peg the Yuan to the Dollar; it simply manipulates its currency. Their is a big difference. China is currently proposing a pool of currencies to serve as world's currency in place of the Dollar.

Err, manipulating your currency to be fixed against the dollar has the same effect as pegging, does it not? They've done this for a long time now.

Read more on South American countries that pegged their currency to the dollar; major objective is to fight inflation. It has worked for some and not for others. Besides their economies are dependent on the US economy.

Inflation is one benefit, yes. But FDI growth is another.

You cannot take away fiscal responsibility from a government. It is not possible. The job of the government is to balance the various competing needs of the country; private sector can not provide that service.

Well, you certainly can. The question is, do the benefits outweigh the costs?

No single bank can loan funds to Nigeria; it increases its unsystematic (undiversifiable) risk. Also, there are laws that prevent lending to external countries/companies.

Is this even true? Lekki road is being funded indirectly by a bank in SA and one in Australia, for example. Whether "single bank" or multiple banks, it is possible to do this, and in fact is currently being done. In any case, there are sources of funds, such as private equity.

I don't understand your comment about credit rating being tied to strenght of banks; do you mean Nigerian banks?

The ability of the Nigerian FG to borrow money is not completely correlated to the strength of Nigerian banks, is my assertion. So credit crunch for Nigerian banks doesn't imply limited ability for Nigerian FG to borrow.

You must learn to crawl before you can work. There is no need to embark on multiple projects at the same time. Let the Nigerian government deal with the current wastage and corruption first and then focus on immediate projects before thinking about other projects. The US and other western countires did not develop their infrastructure in a few years. They did so over centuries.

Some did it over centuries. Some like Dubai and Singapore did it in under 50 years.

I vote for DayoKanu and Abekeade08

Also. . . Abekeade08 is pretty smokin. Damn.

Katsumoto:
No country can be a leader if it always copies. The reason China is still behind the US and EU is because it copies heavily and it is yet to respect IP.

This is not true at all. Given how far China was behind, how on earth could you say that this is the reason? They've been the fastest growing country on earth over the past 20+ years. It will take time for them to ever catch up, if ever.

Japanese cars were initially cheap, crappy imitations of American cars, but now have thoroughly dominated the US market. Copying is the fastest path towards dominance.

It has instituted a system to encourage innovation but the flaw with the system is that it pays out on patent registration rather than actually working prototypes. This has encouraged many Chinese to submits patents that will not see the light of day. As a result, what the Chinese are doing now is that they are buying up foreign companies not for the value of those companies but for the technology behind such companies. But even that can only go on for a while without a culture of R&.

They'll be just fine as far as R& goes. Many of the dudes who are developing the nice technology in the US are of Chinese descent. They'll have absolutely no difficulty once they get to that stage.

Katsumoto:
Foreign investment will come when there is more transparency and when the government improves its infrastructure. At the moment, Nigeria doesn't inspire confidence; when it starts to inspire confidence and does away with corruption and insecurity, then we might start to see presence. There are Nigerians in Diaspora who have had their fingers burnt by investing in Nigeria; many are being more cautios.

Well, if we have to wait until the Nigerian government cleans up its act to get better infrastructure, then we'll never get it.

Pegging the Naira to the dollar ties us at the waist to the US economy; we then lose certain abilities to manage our own economy. Like I said, we do not have hyper-inflation and we can stimulate growth through other means. No country that has pegged its currency to another currency has come out of it better.

Well, China for sure has come out better by tightly aligning their currency to the dollar. Panama and many S. American countries have done well by making the dollar their currency.

There are other mechanisms for dealing with a financial crisis such as reducing interest rates (monetary policy) or reducing taxes and increasing spending (fiscal policy). Increasing spending is dependent on a country's ability to raise funds in the capital markets. Nigeria got it wrong by printing money because interest rates and inflation are in double digits. This is one of the problems with Nigeria; there is no synchronisation of fiscal and monetary policy.

All the more reason to take the control away from the Nigerian government, if possible.

Raising taxes increases the hardship on people as more people lose their jobs in a recession. A country's ability to raise funds through the capital markets is restricted in a financial crisis because of a lack of liquidity in the markets. Loans from the world bank or IMF will also be followed by austerity measures which equally increases hardship on the citizens.

So financial crisis in Nigeria => Nigerian government cannot raise loans from say private investors, say a bank in the US? Why? Credit rating of Nigerian FG not completely tied to the strength of the banks, yes? Correlated, but not exactly the same.

Having said all that, Nigeria does not need to borrow from the capital markets or the IMF because it generates enough revenue from the sale of oil. How many oil producing nations are going to the capital markets or the IMF? Instead, most other oil producing nations are building sovereign funds which are being used to invest abroad. Libya, Saudi, Qatar, UAE, etc all have sovereign funds. OBJ started a sovereign fund for Naija (ECA) but this has been depleted from $20b to $400m in 3 years.

Not even sure there is enough money from oil sales to fund Nigeria's infrastructure needs. Possibly not even if all of it were spent on this single area. Nigeria needs a lot of investment in this area, more than just the FG can provide.

Katsumoto:
Labour is cheap but who wants to exploit the Nigerian labour when there is a perception that fraud and 419 is high in Nigeria. Secondly, education standards are falling and the world knows this. There are Nigeria doctors who can not pass their plab exams in the UK. There are Nigerian MBA students who score 700+ (through cheating) in their GMAT and are being found out in their MBA programs abroad.

Even employers in the Nigerian economy are complaining about the quality of graduates coming through the system.

I would, for one. Plenty of things I could do in Nigeria with cheap electricity. Tech stuff, but even just low-level manufacturing.

Katsumoto:
You have a simplistic view of how fiscal and monetary policies work. In a country like Nigeria, a lot of issues need to be fixed before you start to contemplate pegging your currency to the dollar. A currency board has about 5 or 6 mandates which are sacrosanct. Even then, the main aims of a currency board are to fight hyperinflation and stimulate growth. Nigeria does not have hyper-inflation and as such, will not gain much from pegging its currency to the dollar. Nigeria can stimulate growth if it has visionary and sincere leadership. Read about the dollarisation of the Argentine Peso to the dollar between 1991 and 2002.

What of foreign investment? The only purpose is not to reduce inflation. You do not think fixing the naira to the dollar will help with this? Especially given that currency risk is a big factor limiting the interest of foreign investors? I mean, to some extent our economy is already heavily dollarized, since our main export (oil) is denominated in dollars, no?

Argentina was successful in reducing inflation from 3000% in 1990 to about 3.5% in 1994. But Argentina also had to deal with falling foreign reserves, rising unemployment, worsening income distribution, and stagnation of growth. There are many issues that can affect the success of pegging your currency to another currency such as vulnerability to economic conditions in the economy of the mother country, interest rates, price of commodities that the countries buys and sells, and external shocks.

Nigeria should deal with issues of corruption first in its public and banking sectors. Without a transparent system, you are bound to fail with pegging your currency. For instance in a financial crises, you are unable to print money for bailouts (Nigeria needed to print money during the banking crisi) and raise money through increased taxes or through the capital markets.

There would have been no other mechanism for dealing with the financial crisis other than printing more money? Why would the FG be unable to raise money through taxes or loans?

[quote author=EzeUche_ link=topic=603027.msg7721483#msg7721483 date=1297559466]More like 1721-1991 would be a more accurate account of Russia's rise. Russia was still backwards until Peter the Great in 1721 turned a backwards Rus Kingdom into a true world power. I think the end of the Soviet Union was when Russia start to regress.

We cannot forget about Napoleonic France. Napoleon was a true tactician, but he should never have invaded Russia during the Winter. Hitler would later make that same mistake. [/quote]They were backwards, but conquered a LOT of land. And not from scrubs, but from very warlike tribes and peoples. It is hard to be very advanced when you are gobbling lots of land. . . it takes time to digest it.

Yeah, definitely agree about Napoleon. Tremendous badass. And I agree. . . I dunno why people always want to invade Russia. First master your backyard (Europe) before you go adventuring off into Russia, imo.

Though I guess we are better off that he didn't focus on defeating England first. Two front wars are just stupid. Has anyone successfully pulled a major two front war off?

ChinenyeN:
Yeah, I know. They haven't been performing like before, but their vibe still kind of echoes, in my opinion.

GDP/capita rankings:
48 Libya 12,062
49 Chile 11,587
50 Poland 11,521
51 Equatorial Guinea[6] 11,081
52 Lithuania 10,765
53 Seychelles 10,714
54 Russia 10,521
55 Brazil 10,471
56 Latvia 10,377
57 Turkey 10,206

Just a fading power, overall.

ChinenyeN:
Them and the Russians, for me.

The 1400-1700s Russians, yeah. From a small kingdom in Eastern Europe to mastery of most of Asia. Pretty damn impressive.

But lately they've sucked @ss. Negative population growth (iirc), rampant alcoholism, AIDs, etc. I'm not too impressed by them.

And they lost most of their talented Jews to Israel and the US 

Take a look at this article:
http://www.bloomberg.com/news/2011-02-11/russian-debt-may-reach-585-of-gdp-on-demographic-woes-s-p-says.html

Russia’s debt may surge to 585 percent of gross domestic product by 2050 as the population declines and the government ramps up spending, pushing the credit rating below investment grade, Standard & Poor’s said.

The population will probably shrink to 116 million by 2050 from 140 million last year, forcing the government’s age-related expenditures to rise to 25.5 percent of GDP from 13 percent in 2010 in the rating agency’s “base-case scenario,” S&P credit analysts led by Frank Gill in London said in a research note e- mailed today and dated Feb. 8.

The demographic decline will lead to “prolonged fiscal imbalances,” putting Russia’s credit rating under “rising pressure” after 2015, according to S&P. Russian government debt is rated BBB at Standard & Poor’s, two notches above junk. The country’s state debt made up 9.5 percent of GDP, Finance Minister Alexei Kudrin said on Feb. 2.

I dunno what happened to the Russians, really fallen off.

@Kilode?!:You are too pessimistic, imo. Labor is cheap in Nigeria. However, since electricity is expensive, capital scarce, and roads terrible, the actual cost of getting goods to market is high.

We don't need to get rid of the current system we have; far better to implement it properly. 24/7 electricity at reasonable prices => factories sprouting up like weeds in Ogun State to produce goods for the Lagos market, etc, etc.

[quote author=bk.babe97y link=topic=604046.msg7721292#msg7721292 date=1297556493]Not true, just ask El Savador![/quote]Yeah, I've read mixed reviews about the El Salvador dollarization. But I think for Nigeria it might work out pretty well, since our biggest need is more capital (imo).

But why the cries? The Won is like 10gazzilion to a Dollar, yet, S.Korea's economy is gonna better Ghana's for 2000 lifetimes to come.

The won is quite a bit more stable, I thought? It isn't the exchange rate, but that the exchange rate remains stable. That is the most important thing.

The problem is your country produces nothing of repute, outside of oil. . . . .

Yeah. But it is hard to start producing stuff when you don't have infrastructure. And to get infrastructure, you need lots of capital. And to get lots of capital, you need loans. Since those loans are denominated in dollars/euro/whatever, the lender needs to have some guarantee that Nigeria won't devaluate its currency so that they'll be paid back their money. Dollarization is one extreme way to do this, another is to build up heavy foreign reserves and aggressively defend your currency.

Ever wonder why China would rather have its Currency with a lower value than all other major economies?

So China buys lots of dollars in order to keep their currency at some fixed rate to the dollar. The point of this is so that their own exports don't become more expensive.

Anyway, I'd love for Nigeria to have this problem of exporting so much stuff that our currency is in danger of increasing. We are nowhere near that, though. First gotta start exporting. . . or hell, even satisfying local demand and reducing imports.

Fair enough. I'd like to ask more about Chyz's post, but it appears that my intentions are being questioned. Let's leave the subject then.

Onlytruth:
Posted by: eku_bear
The MEND problem is what the Igbo would call "a tse tse fly perched on a man's scrotum".
If you kill it violently, you can break your balls. If you leave it, it will continue biting you.

To answer your question, Nigeria would have loved to conduct a FULL MILITARY campaign against MEND, and flush them out. Nigeria couldn't do that because of the point I made.
It is one thing to blow up pipelines. It is another thing altogether to face the FULL MIGHT of the Nigerian military.

You can't do that if your closest neighbor who is a big resourceful tribe is not on your side.

Terrorists are hard to flush out w/o resorting to large-scale indiscriminate genocide, simply because they can blend into the community at will. Is the Nigerian FG willing to commit large-scale, indiscriminate genocide? A village here and there, probably. But at the scale necessary to wipe out MEND, even w/o any allies? I don't think they would do it. . . not because of any instrinstic goodness, but just because too many eyes watching.

Does having allies (like the Igbo) make it even harder to smoke out MEND? Yes. But is Igbo support the difference between life and death, as you have suggested? I don't think so. Overall, I think your statements are too strong and overstate the case.

Must I be this explicit for you to understand, or are you feigning ignorance for mischievous reasons?

Lol. Dude. . .there is another option, namely that you aren't correct in your assumptions, that you overstated your case dramatically.

Regarding "feigning ignorance". . . you are free to regard what I say as part of a nefarious Yoruba plot to destroy Igbo/Ijaw unity; that is up to you. However, even if that were my agenda, somehow I doubt whatever I say here online has that much power one way or another.

[quote author=Kilode?! link=topic=604046.msg7720930#msg7720930 date=1297551606]Of course you are an American

Seriously though, I'll prefer a good copycat to a confused Nigerian.

My people want oyinbo system and Nigerian at the same time. We need a collective national psychotherapy session [/quote]It isn't so much that I'm American so much as what I've learned as a student. Basically, it makes no sense not to copy. You copy and then build upon what you've copied.

Reinventing the wheel from scratch is a bit of a waste of resources. First understand how the wheel works, master it, then build on top of that.

[quote author=Ma_J_Blige link=topic=604168.msg7720940#msg7720940 date=1297551746]^^^

Bros - you now see why the revolution you talk about will never take place?

Noone wants to die.[/quote]I don't want to die, but there are some things worth dying for. Nigeria isn't one of 'em, for me.

Hrm, maybe I don't understand Nigeria.

As things stand, MEND is basically a group that has demonstrated the ability to
[list]
(A) dramatically increase the costs of extracting oil from the ND and
(B) reduce Nigeria's production of oil.
[/list]

Note that this ability is independent of Igbo support; whether Igbo support them or not, they can do this.

So your hypothesis is that
[list]
[*] with Igbo support, MEND can also (C) upgrade from instead a terrorist group to a force that can legitimately challenge Nigeria's territorial integrity?
[*] if Igbo were happy in Nigeria, (A) and (B) would be impossible for MEND to do, and thus MEND becomes irrelevant?
[*] the North considered Igbo presidency to pacify Igbo, and thus cause MEND to become irrelevant?
[/list]

Just trying to understand your hypotheses first, before I consider how plausible they are.

@EzeUche_: Hrm, I don't know much about Rajputs and Punjabis. Or much about Tuareg either. I'll look 'em up.

And yeah, I feel pretty bad about the Itsekiri situation

Onlytruth:
Posted by: eku_bear
You better be because when EVERYBODY is EQUALLY ARMED then numbers can help.
Also, I hope you don't believe that they are better military strategists than Igbo (please speak for your Yoruba people).
And they are BY NO MEANS more militant than Igbo.

Our own is just don't provoke us and give us a reason to fight. We are militant and highly resourceful.  

Are you trying to convince me about the value of your #s, or someone else? I think I've made it pretty clear I'm not impressed. We can agree to disagree.

Regarding your second point, every group has talented individuals in it, so it seems unlikely that there will be a tremendous gap as far as leadership goes. Logistics, cash are likely to be the larger determining factor.

Onlytruth:
Posted by: eku_bear
And this is the most ridiculous statement you've ever made on nairaland!  
So if that is true, why did MEND accept amnesty and disarm?

Ol'boy if they are that strong, they would NEVER have accepted anything.

Haha. So the amnesty they accepted is a sign to you of their weakness, not their strength?   Which other militant groups in Nigerian history have EVER forced an amnesty on the Nigerian FG, one which involved large amounts of cash being transferred from the FG to the militants? 

Back in the days of my ancestors, we would call that tribute

Why not accept an "amnesty" where the gov't dines you, pays you enormous amounts of cash for weapons you bought, provides you jobs, income, etc?

I will say this again, MEND is only "powerful" because aboki is concerned about Igbo involvement. If aboki is assured now that Igbo won't get involved, MEND will cease to exist OVERNIGHT.  

So sure, it makes sense that they'd be afraid of more allies for the militants. By this statement of yours is extremely strong. How exactly are the Igbo what is preventing MEND from being eliminated?

Onlytruth:
Posted by: eku_bear
I wish to quickly clarify that the guy who made the claim meant during the slave trade era when Aro slave merchants were selling captured slaves to Ijaw middlemen. That is settled now.

About getting armed today, ol'boy, do you think only Ijaw can access HUGE sums of money for arms?
YOU MAKE ME LAUGH!

Do you know that Igbos are the largest Nigerian diaspora, and remit about 5 - 10 BILLION dollars to Nigeria YEARLY?

200 million per day, or 10 billion yearly? The math ain't hard to do  Not to mention that they have their own diaspora as well. Then when you do per capita adjustments, what-fraction-can-be-spent-on-war adjustments, etc, the financial advantage on their side becomes even more lopsided.

Do you know that there are MANY rich Igbo men involved in arms trade?
Do you know that Igbo traders actually arm MEND?

Ol'boy, you don't know the Igbo man at all.

Being the middle-man is nice, but they can obviously always find other middle men. Isn't like weaponry is a scarcity on this planet.

If Ijaw picks a fight with us, even that Oil in his land will not be sold for arms, because we will ensure they never accessed it.
How can they stop MILLIONS of Igbo diaspora?

This your statement proves my point (and yours), that being peaceful leads ants to think they are lions over you. I swear.

LOL.

Again, I'm not at all impressed by #s. The progression of time and history has made #s less important in warfare.

Anyway, it is what it is. I've said my piece. That is my analysis of the situation. You are welcome to have your own.

[quote author=EzeUche_ link=topic=603027.msg7720946#msg7720946 date=1297551824]This is not new to the world. People respect strength.

One nation that I have respect for is Germany. Let me be clear, I do not support none of the heinous actions that they have done in the past. I am actually appalled, especially with the genocide committed against the Herero people. But, I do respect the Germans in how they were able to fight most of the world not only in one World War, but TWO World Wars.

If you look at the history of both world wars, Germany did not get much help from any its allies, except in WWII, in which the Japanese were able to distract the allies in Pacific. However, the German war machine has always amazed me. The martial prowess of the Germans cannot be understated.[/quote]Not going to lie, Germans are my favorite group of white people. Complete badasses.

Onlytruth:
Posted by: eku_bear
I have to accept you are 100% correct. To illustrate further, I've seen some Ijaw on this forum boasting about how they "dealt with Igbo" or how they enslaved some Igbo clans in the past.  When I read those things I started wondering whether our good nature and respect for minorities has been misunderstood for weakness. I had to ask one of them whether he believed that his people can defeat Igbo in a war, he didn't respond.

But attitudes like that proves your point. He obviously thought that because of MEND, the Ijaw is now invincible. I reminded him that MEND lasted at all because aboki was concerned about possible Igbo involvement. Then I warned him that if Ijaw EVER picks a fight with Igbo, we would do so much killing among them that they will effectively cease to exist in Eastern Nigeria.  

So yes, being peaceful in Nigeria doesn't make sense. It lionizes otherwise ordinary ants.

That is just not how warfare works, man. Check the income of those ND states. Bayelsa for example earned sh1tloads of money. Absolutely none of it was spent on the ground. Instead it was carted off overseas and/or spent it on arming the militants.

The Ijaw man probably has the 2nd best military force in Nigeria right now, after the Northerners. Warfare is not about which group has the largest number. That Igbo outnumber the Ijaw does not mean they cannot make you their slaves, if it ever comes down to warfare.

If things were just about #s, then Israel wouldn't be the dominant military force in the middle east, Rwanda wouldn't be dominating its neighbors, the white SAs wouldn't have dominated the black SAs, etc, Pizarro wouldn't have conquered the entire Inca empire with 200 men, the Mongols wouldn't have conquered China and most of Asia  

2+ million barrels a day of oil, $200 million in street value per day. No force in Nigeria can defeat them militarily if they are able to use this resource fully to prosecute a war. Not even Yoruba, Igbo and Hausa combined. With that much money, 1 million people can defeat and enslave 100 million.

EDIT: typos

no

KnowAll:
1 dollar = N1.50 NEW Naira. It works, because today in Ghana if u make c10,000 that is $7,500.

I don't think that type of stuff works, it is just relabeling. Who knows, maybe there is some sort of psychological affect though. . . maybe you are correct.

But replacing the naira as the national currency with say the US dollar is quite a bit more radical than what you suggest.
[quote author=Kilode?! link=topic=604046.msg7720879#msg7720879 date=1297550763]I may not agree with you on the dollar issue, but I understand where that is coming from. We need to make up our mind as a people and a culture.

If we want to copy, we need to be good copycats. Or the best, else we continue to fail.

If we do not want to copy, we need to create our own systems totally and make sure it fits the realities of our culture and society. We will forever play second or third fiddle if we continue with this Abiku systems we have.[/quote]Me, I want to be a good copycat 

^- Does that type of stuff help?

If you define a "New Naira"that equals 150 old naira, then you get 1 dollar = one "new naira."

But does this fundamentally change anything?

oyb:
feck that

three years ago naira was 128 to the dollar and dropping. that soludo Arrow weakened the naira, anmd the buying power of nigerians everywhere

i still vex when i think of the ride i'd have bought if the dollar was still 128 naira

At times I wish we'd just dollarize the economy, like some other countries have done. Life would be so much better if you knew your money would always be good.

Of course, if you do that then people think you want to enslave Nigeria, blah, blah blah.

Lots of good ideas cannot be implemented due to old fears like this

jason123:
I thought it was only me ! Ezuche respects the people that kill his people but he hates the yorubas that have NEVER touch his people. They even gave igbos the[b] Eze Ndigbo[/b] of Lagos and OYO (the spiritual home of the yorubas). Somethings I keep wondering to myself, DOES EZEUCHE RESPECT THE FULANIS BECAUSE THEY KILL HIS PEOPLE?

The only way to gain respect in Nigeria is to kill liberally. If you are gentle and non-violent, you will not be respected.

Nigerians respect armed robbers, policemen, military, Fulani marauders, rampaging almajiris, and Niger Delta militants. The OPC is respected as well, since they are not afraid of violence and will kill if necessary.

I'm not saying that Yoruba people should necessarily become more violent, but they need to study how Nigeria works a bit better and learn from it.

EDIT: I don't mean "respect" necessarily in the sense, "Hey, I want to become like you." But more like, "This is a force that I'd better not fck around with."