₦airaland Forum

9jasite:
My father was also a recipient of Awolowo education in the defunct Bendel State.....so I dont know what you are talking about.

9jasite:
RECESSION: ARE SOUTH WEST TECHNOCRATS FLAWED?

The ongoing recession currently being experienced by Nigerians has been consistently blamed on Buhari’s action and inactions. However a review of on the cabinet members would be a reveal an overlooked fact: That the members of Buhari’s economic team have an overwhelming number of southwest technocrats!

You may ask of the relationship between the place of origin and the performance of an individual? It does matter a indeed matter a lot. You see an individual’s place of origin dictates his education and orientation.

The first south west technocrat to be linked to a National recession is Olu Falae [Mr. SAP]. He became popularly known as Mr. SAP due to his vehement argument for the Structural Adjustment Programme. Despite how unpopular the programme was, he went against all odds to choke down the unpopular pill down Nigeria’s throat. Olu Falae was the Finance minister at the time of Ibrahim Badamosi Babangida [1980’s] and as usual Recession was in the name.

The current crop of southwest technocrat led by Mrs. Kemi Adeosun, Yemi Osinbajo and Babatunde Fashola are presently the main arrow heads of the Buhari’s economic team. The trio are yet to show any clue on the job to the Nigerian economic stakeholders. The lack of economic blueprint is bewildering to many as it is now perceived that they may be learning on the job.

The inability of the trio to carry out any concrete steps or make headway is rather painful. More appalling is a comparison between the economic plight of Nigerians under southwest technocrat and South Eastern technocrats. The period of Okonjo Iweala and other Southern Eastern technocrats were a period of boom, both under Obasanjo and Jonathan.



Are South west Technocrats flawed?

The answer is NO.

REASON?

The inability of south west technocrats to successfully manage the Nigerian economy is not due to any flaw on their part, but a flaw in the Nigerian economy. You see the Nigerian Economy is a capitalist economy and the Awolowo educational system was socialist oriented. Hence the mantra or orientation of a typical south west born economist is tilted toward socialism.

Take a cogent look at the APC manifesto:

Free feeding
Government Jobs
Payment of 5,000 to Graduates
Government giving and giving and giving.
There is little or nothing left for the private sector or policy planning.

Take a quick perusal at the Southwest individual state economies:

Osun over-borrowed for socialist spending. Free food, tablets, jobs.
Ogun [/b]Pays Half salaries to workers which they over employed in line with socialist tendencies.
[b]Ekiti State governor continuously spoon feeds the people with food and other consumables. [Socialist]
Ondo is overburdened with debts due to heavy government spending for socialist spending.
Other south west states face similar challenges also. Lagos is spared due to south East technocrats that have been engaged in the economic planning ministries of the state.


The consistent concentration of South west technocrats on the government’s role has been the flaw repeatedly. The flaw is the result of a Socialist education which needs remediation in the shortest possible time.

The souths East technocrats are generally seen as being ahead of their peers due to their capitalist tendencies. The steps taken by the Anambra state government in cutting tax and in some case removing them in their entirety stands in stark contrast to calls by Adebayo Shittu to increase data tarrif and the likes in response to the ongoing recession.

The dominance of South East technocrats in International institutions such as the world bank and the global banking industry is a testament to their capitalist orientation. And until there is a change in the orientation of south west educational system, the perception of flawed technocrats remains.

Please this is not a tribal tirade but a factual analysis of the impact of the Awolowo education.



Written By OREVA-OGHENNE ENAKENO EJIRO



OREVA-OGHENNE ENAKENO is an economist from the University of Uyo. He is also the founder of 9ja.site [for Every Nigerian]. oreva@9ja.site

Please we would love to read your comments on our website. [url]9ja.site[/url]




SOURCE: http://9ja.site/2016/12/14/recession-are-south-west-technocrats-flawed/

JimiOgunlola:
I like your picture but I just wish it will remove the emirate on our yorubaland, it is a sign of slavery.

JimiOgunlola:
But u actually give plenty fucckks, that's why you quoted me. Am I frustrating you with my omoluabi truth?

JimiOgunlola:
my brother, are you pained that I am saying the truth as an omoluabi.

danot1030:
One of his major achievement is that your dilector will go to jail.

capatainrambo:
it took the ineffectual dullard 7 months to appoint that red berret rascaal as our sports minister na lie be that?
[/s]
[s]sstop talking shit and reply my post or fuçk of my mentions

JimiOgunlola:
All these na turenci, the truth is that we yorubas no get liver to ask for oodua sovereignty, we fear fulani pass anything.

The reason why we even have brown roof IDP camp in Ibadan is because fulani chased our yoruba fathers from kwara. Just look at our Awo, he was accused of treason, he drank insecticide due to fear of fulani but look at Kanu, he's facing fulani guns yet undettered in the face of death. We must always say thr truth

hammerT:
This is the information age my friend. People abroad recieve updates even before u that events happened outside ur street.

They have just given Buhari a rope to hang himself.


Court has order for Zakzaky to be released, has anybody seen Zakzaky?


U talking about Nnamdi that the British visit so often. U dey make me laugh.


Even Tinubu and OBJ don run leave Buhari, u still dont get it. Buhari is now as good as on his own.


The new world leaders are not part of the conspiracy/Illuminati groups.


Trump is a rebel, Theresa May is too busy fighting to keep UK together to even notice Nigeria.


Has Trump called Buahri? Hell No, but he is calling world leaders all over the place.


O Boy wake up ooo! Buhari has murdered so many, Nnamdi is just one more that will break the camels back.


Let him go for it.

Taaa. ..my friend keep quiet. ..Nnamdi Kanu will be hanged and Nada will happen. .........NADA! !!!!!

You guys have been beating ur chest since. ....all mouth no action.

Tolu1034:
kill this man once and for all

timsTNA:
Fake dollar syndicate
Olasende Akinsiku, 40, Abiodun Akiniyi, 35, and Tajudeen Lasisi, 40.
Read more: https://www.naij.com/30047.html

Im just disgusted. Anyway fonjas are knows for dirtiness

timsTNA:
What are you doing with this kind of dirty picture in your phone in the first place

Eastactivist:
Tinubu have been fried in APC and so is SW.

Yoruba's no longer has control over APC.

The national chairman is oyegun

The national leader is buhari.

So Yoruba is just like every other member not represented.

That's why is even more safe for the Igbos to lead other minority for inclusiveness in the ruling party to have their share of attracting development in their region.

If Yorubas don't like it, they can go back and form another party and join the opposition.

Who cares.

dunkem21:
You said it all.

timsTNA:
Well said. The 5% (south south & south east) are more important to APC

Hehehehe ...these LIEIPODs are the epitome of the word CONFUSED

chinanu123:
You no add, Lost indigenes of Kwara State, flat chests, brown roof Republic, Ndi ofe mmanu, Ndi ofe ose.

Thatched roof Biafrogs aka LIEIPOD aka FALTHEEAD

mazifrankmore:
Watch as afonjas who have criticizing saraki will come here to hail him for this.

badoh:
One thing I like about we Yoruba's is that we never encourage corruption to the extent of supporting a thief. It's a dent on a family name when a member of a family is accused of robbery,kidnapping or corruption. That is why when obasanjo put some Yoruba men accused of embezzling govt funds in prison, the Yoruba never took offence. How could some people be embezzling billions and majority will be wallowing in poverty. Let us be united in the fight against corruption. Those that were accused should be brought to justice without fear or favour be it southerner or westerner.

divide9ja:
Why is it that all this arresting is against those who opposed the dullard?

Edo state Elections we all know was rigged.
They would not let people see the countings.

APC won a senate seat in Imo that we all know will never vote APC.

Buhari is going round challenging all the PDP people voted in.

Now he is arresting anybody that may not line up with him.
[/s]
[s]Buhari is the worst thing to happen to democracy in Nigeria

Clinton9000:
Afonja and dickk measuring. Because of the post of Enugu-Onitsha Road needing urgent attention, they want and find a similar road in SW just to undermine that call to repair of Enugu-Onitsha Road. I have studied this people for a decade; to understand their propaganda antics.

anonimi:
Like this one below, abi

BiafraudExposed:
Nnamdi Kanu is a terrorist and should be treated as such. Nnamdi KANU told people to kill and he came days later and said he's followers have killed... Tell me is a lie and I will show evidence as usual. Ezeokwu chineke

anonimi:
You don't seem to know what you are talking about, bro.




The Association of ProgreTHIEF Crominals, APC blamed when they are in opposition and continues to blame even when they are in government.
unlike their promise to FIX the problems they campaigned against and telling us that governance is NOT rocket science.


www.nairaland.com/attachments/4257139_mumuhamadu_jpeg8f5b75be4e14a3d41f9327e6532cd03c


www.nairaland.com/attachments/3403303_bruce_pngac5e04247d6bc83591bbe237085cb4b8


www.nairaland.com/attachments/3386584_img20160209151617_jpeged2361e0101fcbb510a35c3f0f40701e

anonimi:
The worst elements of his party, PDP are now inside the Association of ProgreTHIEF Criminals, APC as redeemed born-to-gain people to continue their CORRUPTION and stealing of our money hence the trillions trillions of DEBT by DullardPoo in such a short time.

So sad that you cannot not express yourself in words......it is so bad that you cannot manage to write a paragraph. You always write less that 30 words but deface every thread with useless pics that have nothing to do with topic of discussion.

ANUS-nimi......shame on you

gists:
I don't believe CBN doesn't know about it. I kind of understand why they do it anyway but it still doesn't make it right.
The country is short of foreign reserve. So, even though you chose to pay in Naira, FBN will still settle amazon in USD (at the official rate - that is why I said Nigerian banks are round tripping!). There is no way FBN will transfer Naira to amazon and even if they did, amazon will not accept naira from FBN. So the payment still has to be done in USD. And with the forex crisis, the only way banks can discourage people from exhausting our FX is charging black market. I can bet you will think twice about your next purchase online if the good is really necessary.

As I said, its not right, but this is the layman explanation that makes sense to me.

Experts can explain further.

Eyop:
That's it my brother. So for 1st Bank to charge you #315 to $1 doesn't mean other banks will charge the same. Some might be slightly higher or lower. Recently GTB charged #299 to $1 another bank charged #304 to $1..etc.

Eyop:
Our local Bank determines the exchange rate that's why i said ALWAYS confirm from your card issuer the current exchange rate before carrying out any transaction online.