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 Politics › Re: African Nations Urged To Sever Ties With Israel by malali(op): 11:45am On Nov 19, 2024 |
MadamVanessa:Bigot Alert. 3 Likes 1 Share |
| Politics › Re: Putin Signs A New Doctrine That Lowers The Threshold For Using Nuclear Weapons by malali(op): 11:43am On Nov 19, 2024 |
WeddingParol:Russia fighting Ukraine is akin to a 28 year old man fighting an 12 year old tout (agbero) in his territory, no matter how strong that 28 year old is, it will be a tough fight.Because the people pretending to be separating the fight will be restraining the 28 year old while the 12 year old rains blows on him. USA and NATO are providing Ukraine with advanced weapons, satellite surveillance, and logistics. Russia is not fighting Ukraine, Russia is fighting USA and NATO by proxy. |
| Politics › Re: African Nations Urged To Sever Ties With Israel by malali(op): 11:34am On Nov 19, 2024 |
If you want to hear the truth, and you can handle it blunt,raw and not sugar coated Ask Fani Kayode. 4 Likes 2 Shares |
| Politics › African Nations Urged To Sever Ties With Israel by malali(op): 11:34am On Nov 19, 2024 |
Honorable Femi Fani Kayode, the former minister of Aviation in Nigeria and a Christian leader has called on the African countries to break diplomatic relations with the Israeli regime to push the Zionists to stop the genocide against the people of Palestine and Lebanon. Speaking in an exclusive interview with Iran Press correspondent in Abuja, Femi Fani Kayode also praised the Axis of Resistance, saying that Iran, Hamas, Islamic Jihad, Hezbollah, Iraqi PMF, and Houthi Ansarullah of Yemen should be called "Axis of Freedom." "Axis of Resistance fighting to protect the whole of the Middle East. It is natural for people and entities to defend themselves and resist against evil. You are dealing with an ethnocentric state which is completely engaged in killing everybody around them. They killed a lot during al-Nakba. So, These people (Axis of Resistance) said enough is enough, and they stood up and said we will resist you. They are far more than that. It is an Axis of Freedom. These are the people trying their very best to ensure that freedom is foisted not just upon the Palestinians but the whole of the Middle East," he added. Kayode continued: “That's what is going on there. People are saying enough is enough. Enough of the killing, enough of the butchery, enough of the genocide, enough of the holocaust, enough of the racism, enough of the establishment and actions of an apartheid state. They (Zionists) see Ashkenazi Jews, that's European Jews as being superior to everybody else. They are suppressing the Palestinians, the proper Jews of the land not those that came from far away. What the Axis of Resistance is doing is a noble thing." "The Zionists are suppressing everybody including Christians and Muslims with horrible vision. An evil vision of the establishment of the greater Israel whose border starts with the borders of Egypt and goes towards the borders of Iran. Their interest is taking everything and everywhere in the Middle East. Resisting this (by Axis of Resistance) is such a noble thing. It's surely a noble thing. And I think that we should commend those who are resisting this evil. They have said no to this evil and no to genocide. We are solely behind those who say no to genocide," he added. African Countries Should Break Diplomatic Ties With Israel Iran Press: How do you think African countries will help to push Israel to stop the genocide? Femi Fani Kayode: The first thing we need to do is to break diplomatic ties with Israel. I already have been saying that there is no gain in having diplomatic ties with the genocidal racist, apartheid state. We should have nothing to do with them. We should sever diplomatic relations with them. We should sever diplomatic links, sever business connections, and refuse to do business with them. We should refuse to even sit with them. This is because Zionists do not have a place in their hearts for people of African heritage origin. Zionists deter Africans. Zionists deter Arabs. Zionists deter Christians, Zionists deter Muslims. Zionists deter everybody. The only thing that they love is money. They worship money and power. And they are people that ordinarily, no civilization should have dealing with. I am not talking about Jews, I am not anti-semitic. There are many Jews all over the world who are against what the Zionist regime is doing. Africa can stand up, take the lead, and say no to Zionism. I am so happy with what President Bola Tinubu said when he went to Riyadh for the Arab-Islamic Summit. I am happy with the way he spoke on behalf of every single one of us. He said enough of the words, something needs to be done. This is not a matter of issuing statements. It is time to go further, to resist what he called "the aggressions of Israel." And I am glad that the Prince of Saudi Arabia called it "genocide". I am glad that the Iranians were there in full force. I am glad that the whole global sounded. https://www.dailystruggle.ng/2024/11/african-nations-urged-to-sever-ties.html 1 Like
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| Politics › Re: Putin Signs A New Doctrine That Lowers The Threshold For Using Nuclear Weapons by malali(op): 11:05am On Nov 19, 2024*. Modified: 11:38am On Nov 19, 2024 |
New world Order is inevitable. Russian holding its ground. When UK,France joint NATO bombs the Houthis in Yemen, its Okay But when North Korea troops join Russia, all hell lets loose. Iran accused of using proxies to fight Isreal.(Palestine,Yemen,Lebanon) However the same people are using proxies to fight Russia.(Ukraine, NATO Countries) |
| Politics › Putin Signs A New Doctrine That Lowers The Threshold For Using Nuclear Weapons by malali(op): 10:59am On Nov 19, 2024 |
Russian President Vladimir Putin on Tuesday signed a revised nuclear doctrine declaring that a conventional attack on Russia by any nation that is supported by a nuclear power will be considered a joint attack on his country. Putin’s endorsement of the new nuclear deterrent policy comes on the 1,000th day after he sent troops into Ukraine on Feb. 24, 2022. It follows U.S. President Joe Biden’s decision to let Ukraine strike targets inside Russia with U.S.-supplied longer-range missiles. The signing of the doctrine, which says that any massive aerial attack on Russia could trigger a nuclear response, reflects Putin’s readiness to threaten use of the country’s nuclear arsenal to force the West to back down as Moscow presses a slow-moving offensive in Ukraine. Asked about whether the updated doctrine was deliberately issued on the heels of the U.S.′ decision to ease restrictions on Ukraine using its longer-range missiles to strike Russia, Kremlin spokesperson Dmitry Peskov said the document was published “in a timely manner” and that Putin instructed the government to update it earlier this year so that it is “in line with the current situation.” Putin first announced changes in the nuclear doctrine in September, when he chaired a meeting discussing the proposed revisions. The new version of the document states that an attack against his country by a nonnuclear power with the “participation or support of a nuclear power” will be seen as their “joint attack on the Russian Federation.” It doesn’t specify whether such an attack would necessarily trigger a nuclear response. It mentions the “uncertainty of scale, time and place of possible use of nuclear deterrent” among the key principles of the nuclear deterrence. At the same time, it spells out conditions for using nuclear weapons in greater detail compared to the previous version of the doctrine, noting they could be used in case of a massive air attack involving ballistic and cruise missiles, aircraft, drones and other flying vehicles. The wide formulation appears to significantly broaden the triggers for possible nuclear weapons use compared with the previous version of the document, which stated that Russia could tap its atomic arsenal if “reliable information is received about the launch of ballistic missiles targeting the territory of Russia or its allies.” The revised doctrine envisages that Russia could use nuclear weapons in response to aggression against its ally Belarus. Belarus’ authoritarian President Alexander Lukashenko, who has ruled the country with an iron hand for more than 30 years, has relied on Russian subsidies and support. He has let Russia use his country’s territory to send troops into Ukraine and allowed the Kremlin to deploy some of its tactical nuclear weapons in Belarus. https://apnews.com/article/russia-nuclear-doctrine-putin-91f20e0c9b0f9e5eaa3ed97c35789898
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| Foreign Affairs › Re: US Envoy To South Africa Brigety Resigns After Trump Win by malali: 9:33am On Nov 19, 2024 |
LOL..He will be sacked anyway. 1-He is black 2-He is a democrat 3-He was there when South Africa stood up against Israel to call out their Genocide. Smart of him to resign. |
| Crime › Re: Money Rituals: Who Has An Explanation For This? by malali: 9:30am On Nov 19, 2024 |
Money rituals remain a myth steeped in cultural folklore and exploited by charlatans. True financial prosperity comes from knowledge, effort, and systemic reform—not mystical practices. Societies must prioritize education and economic empowerment to dispel such harmful superstitions. 1 Like |
| Politics › 419 Million People Still Shit Outdoors. by malali(op): 9:10am On Nov 19, 2024 |
3.5 billion people still live without access to safe toilets, including 419 million who practice open defecation. November 19 is the UN’s World Toilet Day and this year the theme is ‘Toilets: A Place for Peace’, highlighting how for billions of people, sanitation is under threat from conflict, climate change, disasters and neglect. As Statista's Anna Fleck reports, according to UNICEF, children who live in extremely fragile contexts are three times more likely to practice open defecation, four times more likely to lack basic sanitation services and eight times more likely to lack basic drinking water services. In 2022, 419 million people were still practicing open defecation, the most severe level of lack of sanitation service. Nineteen percent around the world did not have access to at least basic sanitation, defined as a private toilet connected to sewage piping, a septic or composting tank or a pit. Forty three percent of the global population did not live with safely-managed sanitation, meaning that their sewage was not treated properly, posing severe health risks to them as it enables pathogens to re-enter water supplies. As recently as the year 2000, 1.3 billion people were still defecating outdoors, with grave health consequences. The UN has been working to eradicate the practice and has made some progress. In 2017, the number of those without access to any bathroom had sunk to 673 million and finally to 419 million in 2022. Gains remain to be made in Sub-Saharan Africa, where steady population growth continues to put pressure on sanitation services. Cambodia, Ethiopia, Nepal and India saw the largest fall in outdoor defecation since the year 2000, reducing it from affecting around 70 to 85 percent of the population to seven to 20 percent. The latter country has been particularly ambitious in installing proper toilets. Before Prime Minister Narendra Modi came to power in 2014, more than 60 percent of India's population didn't have access to a household toilet. Since then, billions of dollars have been invested under the Swachh Bharat Abhiyan ("Clean India"  campaign. According to UN numbers, open defecation was reduced to affecting 11 percent of the Indian population in 2022.https://www.zerohedge.com/medical/419-million-people-still-hit-outdoors
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| Politics › Re: FG Commends Niger Governor Umaru Bago For Federal Road Interventions by malali(op): 8:58am On Nov 18, 2024 |
The action, no nonsense, charismatic, farmer governor Umaru Bago, The same Governor who rescued Nigerians from the hands of NAHCON when he observed the dismal treatment of Nigerians in Hajj. He has once again called for the federal contractors handling Minna projects to be held accountable for their tardiness in conducting and meeting deadlines on different Minna roads. This has lead to the FG commending him for always standing up fearlessly for Nigerian citizens. Insurance cover you. 1 Like 1 Share |
| Politics › FG Commends Niger Governor Umaru Bago For Federal Road Interventions by malali(op): 8:58am On Nov 18, 2024 |
The Federal Government has lauded Niger State Governor Mohammed Umaru Bago for his proactive interventions on federal road projects across the state. During an interactive session in Abuja between the Federal Ministry of Works, the Niger State Government, and contractors handling federal road projects, Minister of Works Sen. David Umahi described Governor Bago’s efforts as exemplary. He praised the governor for leading a state delegation to review ongoing federal road projects, which aimed to resolve challenges and ensure progress. Sen. Umahi urged other governors to follow Bago's example, emphasizing the importance of consistent supervision and improved collaboration between federal legislators and the ministry for better funding and project execution. He also warned contractors to adhere to project specifications, stating that non-compliance would result in contract termination. Minister of State for Works Bello Goronyo commended Governor Bago’s dedication to people-oriented programs, describing him as a passionate and hardworking leader committed to his people’s welfare. Governor Bago revealed that Niger State is currently intervening in 18 federal road projects to support President Bola Ahmed Tinubu’s Renewed Hope agenda. He advocated for quarterly peer reviews to encourage similar efforts by other states and applauded the Minister of Works for his competence and determination. The Niger State delegation included Senators Mohammed Sani Musa and Peter Jiya, members of the House of Representatives, top state officials, and stakeholders involved in the New Niger Development Project. https://www.dailystruggle.ng/2024/11/fg-commends-niger-governor-umaru-bago.html 1 Share
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| Politics › Re: PDP Criticizes Tinubu Over GCON Conferment On Indian PM Modi by malali: 7:27am On Nov 18, 2024 |
There is a famous tech school in INDIA. That has a lot of CEO'S in the fortune 500 companies. He should have negotiated for them to open a setup in Nigeria or arranged for 50 top tech graduands to go there every year for the next 8 years. The world is using flying speed in technology and we are still crawling. If we dont take tech seriously white people will re-colonize us. 2 Likes 1 Share |
| Politics › Re: Obasanjo Demands INEC Chair’s Dismissal Over “rigged” 2023 Elections. by malali(op): 4:59am On Nov 18, 2024 |
My concern is that when Obasanjo is no longer with us, who in Nigeria will have the courage and integrity to speak the truth fearlessly, irrespective of whose interests are affected? Easy way to solve the INEC Chairman selection. All the opposition parties should nominate 10 people. And then they should be screened by Senate and all those necessary. Then the incumbent president should choose 1 person of the lot. So all the opposition have to do is choose 10 people with integrity. Problem solved. |
| Politics › Obasanjo Demands INEC Chair’s Dismissal Over “rigged” 2023 Elections. by malali(op): 4:58am On Nov 18, 2024 |
Former President Olusegun Obasanjo has called for the dismissal of the Chairman of INEC, Mahmood Yakubu, and officials of the commission at all levels as part of a reform of the electoral process in Nigeria. Mr Obasanjo made the call in a paper he presented at the Chinua Achebe Leadership Forum, Yale University, in the United States. The annual lecture honours the late Nigerian writer, Chinua Achebe. He delivered the address, titled “Leadership Failure and State Capture in Nigeria”, in a pre-recorded speech played at the event. In his speech, Mr Obasanjo described the 2023 general election as a “travesty”, adding that the reform of the electoral system is a key agenda for the country. The former president also called for shorter tenures for INEC officials and a more rigorous vetting process to prevent the appointment of partisan individuals. “As a matter of urgency, we must ensure the INEC Chairperson and their staff are thoroughly vetted. The vetting exercise should produce dispassionate, non-partisan actors with impeccable reputations. “Nigeria must ensure the appointment of new credible INEC leadership at the federal, state, local government, and municipal – city, town, and village – levels, with short tenures to prevent undesirable political influence and corruption, and to re-establish trust in the electoral system by its citizens,” he said. He argued that “The INEC Chairperson must not only be absolutely above board but must also be transparently independent and incorruptible.” Mr Obasanjo said the commission willfully failed to utilise two main technological tools at its disposal—the Bimodal Voter Accreditation System (BVAS) and the INEC Election Result Viewing Portal (IReV)—during the 2023 presidential election, despite the promises made by Mr Yakubu. “The BVAS and IReV are two technological innovations that, prior to 2023, were celebrated for their potential to enhance the accuracy and transparency of our election results, eliminate the threat of election rigging, and boost public trust in electoral outcomes. “These technologies were touted by the INEC chairman himself. In the end, these technologies did not fail. INEC wilfully failed to use or implement them, which resulted in widespread voting irregularities. It was a case of inviting the fox into the henhouse,” he said. INEC’s credibility battle INEC faced criticism after the last general elections, particularly over the failure of the IReV platform during the presidential election, which INEC blamed on a technical glitch. The IReV platform was central to post-election litigation, but these cases were dismissed by the Presidential Election Petition Tribunal and the Supreme Court. PREMIUM TIMES also published a special report showing how Peter Obi, the presidential candidate of the Labour Party, won the election in Rivers State based on IReV reports, while INEC declared President Bola Tinubu the winner of the state. Mr Obasanjo backed Mr Obi during the last presidential election and, during the collation of results, called for the cancellation of some results that did not pass the “credibility and transparency test”. His call for the then-president to halt the collation was widely criticised by many. INEC has also faced criticism over its conduct during the Edo State off-cycle governorship election. Concerns have also been raised about the appointment of partisan individuals to leadership roles within INEC. PREMIUM TIMES previously reported instances of partisan individuals being appointed as Resident Electoral Commissioners. In the most recent appointments by Mr Tinubu, four nominees were found to have partisan affiliations, particularly to Mr Tinubu’s ruling All Progressives Congress (APC). While Mr Obasanjo made strong arguments for electoral reform, his record in overseeing elections during his presidency is not impeccable. The 2003 and 2007 elections under his tenure were widely regarded by local and international observers as some of the worst in Nigerian history. The winner of the 2007 presidential election, Umaru Musa Yar’Adua, acknowledged that the election was flawed and initiated electoral reforms, although these were not completed before he died in 2010. His successor, Goodluck Jonathan, continued the reform process. Mr Yakubu’s tenure Mr Yakubu was appointed by former President Muhammadu Buhari in 2015 and was reappointed in 2020 for another five-year tenure. His tenure is expected to expire next year. PREMIUM TIMES contacted the spokesperson for INEC, Sam Olumekun, to get the commission’s reaction to the call by the former president, but he did not answer his calls or respond to a text message sent to his phone. Africa is too big to fail—Iheka In his remarks, the head of the Yale Africa Initiative, Cajetan Iheka, said some of the questions Mr Achebe raised in his book The Trouble with Nigeria are still relevant today. He argued that intellectuals must go beyond asking questions and begin to provide answers. “Ours is thus an intellectual exercise but also a socio-political project. As we deliberate, let us heed Achebe’s demand that we take a hard and unsentimental look at the crucial question of leadership and political power. But we must also do so with civility and respect—the kind of civility and respect that Achebe modelled and commanded with his grace and dignity. “To that end, how do we discuss and tackle leadership in Africa without involving those who have had the privilege of leading and those who aspire to lead? We are thus grateful to their excellencies and other distinguished guests who have travelled to engage with us today,” he added. https://www.premiumtimesng.com/news/headlines/755069-obasanjo-calls-for-sack-of-mahmood-yakubu-other-inec-leaders-at-federal-states-lgs.html
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| Politics › Re: Shettima Recognises Sanusi As Emir Of Kano (Photo) by malali: 12:24am On Nov 18, 2024*. Modified: 7:52am On Nov 18, 2024 |
We stand with Sanusi. He has friends,in-laws,business partners,acquaintances all over Nigeria. He is de-tribalised. Nobody does royalty like he does....... Gidan Dabo Sai sanusi jikan Sanusi.
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| Foreign Affairs › Re: Trump Appoints Karoline Leavitt, 27years Old. by malali(op): 1:08am On Nov 17, 2024 |
panafrican:Lol....actually not. If you have to get to 70years old to be wise, you are probably intellectually challenged. Wisdom is when you have the sense of a 70 year old man at the age of 25. That's wisdom. That's why all our fiscal policies are mediocre at the very best, and they have young boys and girls from IVY League schools running IMF and world bank, fooling our geriatric leaders with advice that's not fit for Nigeria. |
| Crime › Re: My South African Partner Duped Me Of $3.5 Million In Kenya — Murray-Bruce by malali: 10:21pm On Nov 16, 2024 |
Wrackcityoffici:Even i have lost that amount over the years.....buy what he did was a rookie mistake. |
| Foreign Affairs › Re: Trump Appoints Karoline Leavitt, 27years Old. by malali(op): 10:59am On Nov 16, 2024 |
LLSAINT:You would think someone in the senate would have sponsored a bill, making age falsification a crime in Nigeria. 3 Likes |
| Politics › Re: Alleged N101.4bn Fraud: EFCC Must Swoop In On Yahaya Bello Now, CSO Urges by malali: 9:42am On Nov 16, 2024 |
Yahya Bello should be made to appear before the law. Its setting bad example and bad precedence. Even Trump former president and currently President Elect appeared in court when summoned. Yahya Bello should be made to show up in court. The powers that be should assure him of bail and he should be "forced" to show up. It shows the world we are not running the country like a zoo. Okowa has answered EFCC summons.....Yahya Bello is not special. Obaseki has announced he is ready to show up when summoned. We cannot be collecting loans from IMF and World Bank, removing oil subsidy and floating forex, without fighting embezzlement and looting with the same energy. |
| Foreign Affairs › Re: Trump Appoints Karoline Leavitt, 27years Old. by malali(op): 9:22am On Nov 16, 2024 |
You have to be very old in Nigeria (Pension-Age). 4 Likes 1 Share |
| Foreign Affairs › Trump Appoints Karoline Leavitt, 27years Old. by malali(op): 9:21am On Nov 16, 2024 |
President-elect Donald Trump has appointed 27-year-old Karoline Leavitt as his White House press secretary, making her one of the youngest to hold the role. Karoline Leavitt “is smart, tough and has proven to be a highly effective communicator. I have the utmost confidence she will excel at the podium, and help deliver our message to the American People,” Trump said in a statement on Friday. Leavitt, who served as national press secretary for Trump’s campaign, gave birth to her first child in July ahead of the election. She previously worked as an assistant press secretary during Trump’s first term and later as communications director for Congresswoman Elise Stefanik, who has been nominated as UN ambassador. Trump Appoints Karoline Leavitt, 27, as White House Press Secretary In 2022, Leavitt ran unsuccessfully for a seat in the U.S. House of Representatives, representing her home state of New Hampshire. Reflecting on her political journey, Karoline Leavitt told a Fox News podcast, “I didn’t grow up in a political family. I grew up like most Americans in a middle-class business family here in my home state of New Hampshire. I just dove into politics at my college, Saint Anselm College, in Manchester (New Hampshire).” Leavitt now takes on the critical role of being the face of the White House, tasked with communicating the administration’s message and fielding questions from the media. https://newscentral.africa/trump-appoints-karoline-leavitt-27-as-white-house-press-secretary/ 1 Share
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| Business › Re: Nigeria Inflation Rises For Second Month, Spurred By Food by malali(op): 9:07am On Nov 16, 2024 |
free2ryhme:lol |
| Culture › Re: Emir Sanusi II Turbans First Son As Ciroman Kano by malali(op): 6:50am On Nov 16, 2024 |
[quote author=MadamVanessa post=132894843][/quote]Sanusi can do no wrong. 1 Like |
| Culture › Emir Sanusi II Turbans First Son As Ciroman Kano by malali(op): 5:21am On Nov 16, 2024 |
The Kano royal palace was a beehive of activities on Friday as relatives, friends, and dignitaries gathered to witness the turbaning of DSP Aminu Sanusi Lamido as the Ciroman Kano by the 16th Emir of Kano, Muhammadu Sanusi II.https://leadership.ng/emir-sanusi-ii-turbans-first-son-as-ciroman-kano/ 7 Likes 3 Shares
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| Business › Nigeria Inflation Rises For Second Month, Spurred By Food by malali(op): 4:57am On Nov 16, 2024 |
Nigeria's inflation rate rose for the second straight month in October, advancing to 33.88% in annual terms from 32.70% in September mainly due to higher food prices, official data showed on Friday.https://money.usnews.com/investing/news/articles/2024-11-15/nigeria-inflation-rises-for-second-month-in-october 2 Likes 1 Share
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| Crime › Re: My South African Partner Duped Me Of $3.5 Million In Kenya — Murray-Bruce by malali: 4:44am On Nov 16, 2024 |
morgstreme:Who is poor ? lol |
| Crime › Re: My South African Partner Duped Me Of $3.5 Million In Kenya — Murray-Bruce by malali: 11:20pm On Nov 15, 2024*. Modified: 7:37am On Nov 16, 2024 |
Mumu, you should have gone through their chambers of commerce, have the man verified, sent the money through official channels, instead of wiring it to him. Used escrow with contingency so that he cannot access the money without documents signed and he agrees on what purpose the money is for.Verified his documents and how long he has been in business. When your use ill-gotten money to do business, you dont do the necessary checks and balances because na awoof money. Commonsense Senator........Taaaaaah.....MUGU. 61 Likes 7 Shares |
| Politics › Breaking Free: How Nigeria Can Prevent Exploitation By The IMF And World Bank by malali(op): 8:11pm On Nov 15, 2024 |
In recent decades, Nigeria, like many developing countries, has found itself intertwined with the International Monetary Fund (IMF) and the World Bank. These institutions, while ostensibly promoting growth and stability, have often imposed conditions that restrict true economic sovereignty and development. The story of African nations—and Nigeria in particular—is punctuated with policies that have led to cycles of debt, underdevelopment, and economic dependency. But Nigeria’s path to economic independence is not only a dream; it is attainable with strategic action. Below, I outline practical steps Nigeria can take to prevent and stop exploitation by these global financial powerhouses and break free from their neo-colonial grip. 1. Diversify Revenue Sources One of Nigeria’s greatest vulnerabilities is its over reliance on oil revenue. This dependence makes it easy prey for economic pressure from international lenders. Expand Non-Oil Sectors: By investing in agriculture, technology, manufacturing, and renewable energy, Nigeria can create a more resilient economic base. Support Local Industries: Encourage small and medium-sized enterprises (SMEs) through grants, tax incentives, and infrastructural support to stimulate home-grown production and reduce import reliance. 2. Prioritize Prudent Economic Policies IMF and World Bank loans often come with harsh structural adjustment programs that push austerity and deregulation. Nigeria needs a homegrown approach to economic management: Fiscal Discipline Without External Pressure: Implement responsible budget management and anti-corruption measures to optimize public spending without succumbing to IMF’s austerity policies. Alternative Financing: Explore borrowing from other sources, such as regional development banks, or through bilateral agreements with countries that offer better terms without stringent conditions. 3. Establish and Strengthen Regional Alliances Nigeria, as a leading economic force in Africa, has a unique opportunity to spearhead collaboration within the continent. Develop African Financial Institutions: Work with the African Development Bank (AfDB) and other regional bodies to create a robust financial framework that supports African economies without external interference. Currency Unions and Trade Pacts: Promote intra-African trade agreements like the African Continental Free Trade Area (AfCFTA) to reduce dependence on foreign markets and strengthen economic ties. 4. Leverage Natural and Human Resources Wisely Nigeria’s wealth lies not just in oil but in its people and abundant natural resources. Value Addition to Raw Materials: Instead of exporting raw commodities, Nigeria should focus on processing and refining resources domestically. This creates jobs and increases the value of exports. Invest in Education and Skills Development: Equip the population with skills that match global trends in technology and innovation. A well-educated workforce can drive local innovation and attract investments that are not tied to exploitative conditions. 5. Reduce Dependence on External Advisors The IMF and World Bank often send advisors who influence policy in favor of their own interests, which may not align with Nigeria’s needs. Develop Local Expertise: Invest in Nigerian economists, financial experts, and policymakers who understand the local context and can craft solutions that benefit the country. Consult Diverse Voices: Engage think tanks, universities, and non-governmental organizations (NGOs) for diverse economic strategies. 6. Strengthen Economic Legislation and Governance Exploitation thrives where there is weak governance. Anti-Corruption Measures: Implement and enforce strong anti-corruption laws to ensure that funds borrowed are utilized effectively. Transparency in Agreements: Public disclosure of loan terms and agreements can prevent exploitative clauses from being hidden and help foster accountability. 7. Encourage Public and Private Sector Collaboration A collaborative approach can foster shared growth and reduce dependency on external loans. Public-Private Partnerships (PPPs): Utilize PPPs for infrastructure development and essential services, which spreads financial risk and benefits across stakeholders. Inclusive Economic Planning: Involve private-sector players in long-term planning to bring innovative solutions to public sector challenges. 8. Shift Diplomatic Strategy Nigeria can benefit from a strategic realignment in its global partnerships. South-South Cooperation: Strengthen partnerships with other developing nations facing similar challenges. Joint ventures and cooperative agreements can yield collective bargaining power. Balanced Relations with Major Economies: Engage with emerging global powers such as China and India for investment opportunities while ensuring terms that safeguard Nigeria’s interests. Path to Economic Sovereignty The path to preventing and stopping exploitation by the IMF and World Bank requires bold leadership and strategic planning. Nigeria must shift from being a passive recipient of economic dictates to an active architect of its future. Through diversification, prudent governance, regional alliances, local expertise, and strategic international relations, Nigeria can achieve a self-sustaining economy and liberate itself from neo-colonial financial pressures. The journey may be complex, but the destination—true economic independence—is well worth it.
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| Christianity Etc › Re: Adeboye: Prayers Stopped Naira From Crashing To ₦10,000 Per Dollar by malali: 1:59pm On Nov 15, 2024 |
CONMAN WITH A CONGREGATION 2 Likes |
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