₦airaland Forum

CPriest:
1. A can picked me to the airport, the role model of this guy was Aliko Dangote. This guy is not Nigerian by the way. He knew much more about Dangote than I knew.

2. I met the dad of one of my friends in church. The man met me and said 'Oga'. We smiled, laughed and gisted. He had nothing but love and encouragement for us.

3. I worked on academic project with people (non Nigerians), and most of them can only remember Nigerians for hardwork, diligence, and excellence.

4. One lady once told me if she gets to the hospital and can't get Nigerian doctors to attend to her, she will rather go home than allow doctors from her nation to attend to her.

5. The organisation I was had a Nigerian. He is not only a continental force, he is a global force in his field.

I tell people, you see Nigerians at your level. If you live in drug ridden ghettos, you will see Nigerians hustling there, and you will say they Nigerians are people with bad reputation. If you live a high class life, you will see Nigerians with big dreams and you will say Nigerians love luxury. So whereever you turn, there is a Nigerian for you. You just have to turn in the right direction and you will see a Nigerian with great reputation.

Ecoterrorist:
Amaechi is no match for Ben Bruce on intellectual prowess rather I will advise him to keep quiet

Flets:
Buhari must be cautioned as a matter of urgency on the damage his unwise and poor utterances are causing Nigeria.

This is not an APC vs PDP affair. It's a national disaster.

LadyExcellency:
Is he still alive? Did he outlive all blacks of his time? His life was just full of vanity and vainglory.

Mortals who arrogate supreme intelligence to themselves impact little to humanity.

LadyExcellency:
It goes one way.

It's either positive or negative

"Righteousness exalts a nation: but sin is a reproach to any people." (Proverbs 14:34).

LadyExcellency:
You need deliverance. Trying to arrogate all knowledge to oneself is a bondage.

You are a mortal and temporal. Spirituality (negative or positive force) controls the physical.

Trulie:
Give kudos to them for their creativity and developmental plans but not for the funding. It's private sector driven. Besides, govt funds are partly or wholly pool of taxpayers (our) money.So next time give us the accolades first before u even thank the governments for its appropriation

ZombieNation:
This is what the immediate past governor of Katsina built with state resources


https://i.imgur.com/RaJOvGX.jpg

And he did not borrow a dime.

What has Aregberascal got to show for over 700bn (mostly from loans) to show for in Osun?

Practically nothing

Adminisher:
AWO had more brains in his left little finger than all other regional and national governments in Nigeria combined since independence. He set the pace and others followed and yet he never became President. When you look at the clueless drunken people we have had in that office you tend to believe that a people get the government they deserve.

Eshinwaju:
Ignorance, hate, jealousy..inferiority complex....will kill these iPod goats...who have been brewed on an overdose of lies...indigenisation happened long after Baba Awo had left government...na WA for these evil people o....

IkpuMmadu:
The Greatest Heist in Modern History By Awolowo and the Yorubas Known as Indigenization of Foreign Companies in Nigeria

Chief Obafemi Awolowo

This piece was prompted by what I saw as benign ignorance amongst some of our Ibo folks and because such ignorance is music to the ears of some other people and Yoruba in particular. In more than one occasion my friends and other Ibo have advanced the argument that if Ibo was that smart, how come Yorubas dominated the commerce industry in Nigeria? What they meant were the domination of Yoruba in the banking, insurance industries, Coco Cola and some other surviving industries. In one particular occasion a friend revealed to me that he recently discovered that the reason why some Yoruba are so wealthy is because they were smart enough to invest their money in corporate stocks and bonds (not realizing that Yoruba actually stolen those corporations) while Ibo is busy engaging in buying and selling. The Yoruba will like people to continue to believe that story, that it was because they were smart that they were able to do all these great investments in the commerce industry. One relevant question that I always managed to ask my interlocutors is whether they were aware of the indigenization decree of 1972, master minded by Awolowo and the Yoruba and the ramifications of that policy, as will be expected, the answer ranged from, I have heard of it but does not understand what it actually meant to I have not heard of the policy. Listening to this ignorance induced perspective from my friends made my heart to skip a beat, realizing that the task of bridging this information gap is not going to be a child’s play. What is disconcerting is that some in their benign induced ignorance believe that the effect of indigenization is inconsequential at this time because it happened about forty years ago. This piece is therefore for those that are educable and for those that have the capacity to appreciate the magnitude and most importantly for those that can relate that gigantic economic event that reshaped the economic foundation on which Nigerian economy settled on after the British/Biafran war and as well as relate our present economic malaise to that economic foundation engendered by indigenization.

There is no doubt that most people, particularly those that do not have either basic or international economics background are overwhelmed by the subject of INDIGENIZATION OF FOREIGN COMPANIES IN NIGERIA because of their inability to understand the economics of it and the efficacies to make the necessary connections and relate it to the present economic doldrums, some simply brush it aside or worse, simple minimize its far reaching implications particularly on the Ibo. In so doing, majority of us dabble into analysis of how terrible Ibo has managed their affairs since after the civil war, while leaving out a huge chunk of the elements that need to be factored into their analysis. The unspeakable effect of the policy of indigenization on the Ibo was wicked and dastardly. The economic damage on the Ibo is impossible to calculate. The psychological toll on the Ibo is still reverberating amongst the Ibo today and creating identity crisis. Some folks will argue that we should drop the subject because it happened forty years ago, which is equivalent to saying that because slavery, Jim crow and the holocaust happened years ago, and for that reason, they have no relevance in today’s analysis. How can any credible analysis of American history not include slavery and its implications, or how can any Jewish history not include the holocaust and its implications and effects, but that is what some folks want us to do, to avoid or forget one of the most devastating economic policies that changed the economic landmark of Nigeria, second to the genocide of more than a million Ibo committed by the same man, Awo, and still arrive at any meaningful analysis. I believe that the incredulity that any ethnic group is capable of visiting such devastation on another is still an obstacle that the subject is struggling against and must overcome. It is not that most people do not know what happen, it is simply that they do not what to believe that it happened because it is mind bending. I also believe that if we do not tell the story over and over, the Yorubas will not tell and neither will the Hausa tell it, as a matter of fact they always wish that it will go away. So whether they like it or not, we must continue to broadcast what happened until people start to understand the effect of the policy not only on the Ibo but on the nation as a whole. Suffice to say that after Awo and the Yoruba succeeded in executing the indigenization decree and became overnight millionaires, many Ibo packed their bags and left Lagos to the east –ala Ibo, where they shortly died out of heart break because some of them also suffered the deprivation of their properties due to abandon property policy in Lagos and Port harcourt.

WHAT ENGENDERED THE INDIGENIZATION POLICY?

It is no more news worthy to point out that before the civil war that Ibo out of their capacity for honesty, to work hard, to produce, to innovate, to manage, create and persevere were able to penetrate all facets of Nigerian endeavor, when the British used merit as a yard stick. It is an irrefragable fact that even Yoruba would not dare challenge that fact, if not, what started the Yoruba hate, envy and jealousy against the Ibo in the first place, Yoruba and Hausa claimed that Ibo was dominating everything in the country but what they will not acknowledge publicly was the fact that the British were making the decisions about who to hire by their own standard and not by Ibo standard and that Ibo was good at what they did and better than them. The Yoruba and Hausa wanted not only equal opportunity they also wanted equal outcome regardless of effort and everyone knows that that is impossible.

There is one very important fact in my analysis that I want everyone to get, and that is that before the civil war, Nigeria as a nation did not have an economic of its own. Let me say it again, that Nigeria as a nation before the British/Biafran civil war did not have an economy of its own. I emphasized that point in other to say that whatever seemed like Nigerian economy were British owned. Put differently, if you excluded few of the regional cooperatives and some joint ventures businesses which were mostly British engineered to make buying raw materials easy for the British, ever y other aspect of the economy were owned majorly by the British, even the military, given the fact that almost every military supply came from Britain. It is then save to say that British investment in Nigeria amounted to a great totality of Nigerian economy or that Nigerian economy was at that time synonymous to the total investment of the British.

Below, courtesy of Africa today are the list of some of the companies that constituted Nigerian economy before the war that the Yoruba stole in one swoop, spanning the insurance companies like Lloyd’s of London and all the banks in Nigeria owned one way or the other by the British. This is but a partial list of what constituted the British investment in Nigerian economy.

“Pharmaceutical Nigeria Plc ,May and Baker Nigeria Plc,Vitafoam Nigeria Plc,Wahum Nigeria Limited ,CAP Nigeria Plc , International Paints of West Africa [IPWA], Berger Paints Nigeria Plc, Berec Nigeria Limited, Kabelmetal, Nigeria Bottling Company Plc, Leventis Nigeria Plc ,West African Portland Cement Company,[Lafarge ],Wema Bank Nigeria Plc, Scoa Nigeria Plc ,CFAO Nigeria Plc, Cadbury Nigeria Plc, Wemaboard Estates, Odua Group, Livestock Feeds Nigeria Plc , Nigerian Breweries Plc, new nigerian Bank, Batta, Kingsway Stores, Crittal Hope (Nigeria) Limited, Mushin, Lagos State. Dunlop (Nig.) Industries Plc, Ikeja, Lagos State. Galvanising Industries Limited, Ikeja, Lagos State. Nigeria Construction & Water Resources Development Company Limited, Ibadan, Oyo State Nigerian Wire & Cable Plc, Ibadan, Oyo State Nigerite PLC, Ikeja, Lagos State Nipol Limited, Ibadan, Oyo State Odu'a Textile Industries Limited, Ado-Ekiti, Ek

ddippset:
Between 2010 and 2015, did we have a president or a local government chairman?

anonimi:
How much of the $200 billion has Buhari secretly received from those NAMELESS looters in Shehu Sanni's newspaper STORY
How much?