Reference's Posts
Nairaland Forum › Reference's Profile › Reference's Posts
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Goke7:No one is saying they should not do anything. Of course you must invest to bring yourself out of a recession but do it in the most productive way possible. Did Buhari cancel the metro in favour of something else more productive, employment generating, no. He did so for political reasons because of the perceived independence of the states which is the fore runner to the problems we have today in Nigeria. This is a different matter. Pure economics. The question is whether 1.8 billion dollars is best served by that project at this snapshot of a time. And for your information it is better to debate and over analyse things than to gamble. Sit down with the people and interact with them. Government is a partnership not a one way gungho trip. |
jpphilips:Not if it is China. They do it all. They have an unemployed population ten times that of Nigeria, they produce EVERYTHING, and are miserly in renumeration and procurement. I have little hope it will create anything like micro economy beyond food vendors and cigarette hawkers. If the government wants the project to enhance the economy of Kano state directly, it should execute by direct labour and insist on local content. The benefits of the project are not in earnings but cost savings because all monies are in naira and it is government so will be most likely welfarist. |
TonyeBarcanista:And that's why we say that the quality of the people reflects in the quality of leadership and in turn reflects on the returns of governance, 'the dividends' of democracy. The people are ultimately responsible for the government they get. The reasons why ths south has this problem can be traced to ancient Nigerian history but it has not been helped by the Nigerian state since independence. However under democracy the south is beginning to find its feet. With time pragmatism will take root and spread. |
Goke7:Timing. I know the value of infrastructure but I also know the value of resource management and when things are this critical you have got to consider your options properly and prioritise. Do you know the value of the dollar next year or the price of oil. If you can't then you should eject sentiments from your psyche and spend cautiously. That's all. |
EazyMoh:Thank you. It is not beef or chicken or turkey but mere common sense. Transport is a great force multiplier but will you buy a car, truck or van now or put the money into production of the goods you want to transport anyway. Production is down everywhere. Transport will make business more profitable. It wouldn't in itself create business. Government's priority now is to generate production, wealth before it thinks of enhancing profitability and ease of doing it. Its priority should be partnering with the privates to get people to work making stuff. Agric related infrastructure should be top priority now. |
Goke7:I don't think it is beef or any other meat product but simple reality. A project that can be fundamentally important still has a question of timing because we face a situation of either or and you will have to view this in the national context or national interest since Kano state does not generate forex independently. The Federal government throguh the CBN may consider it unviable at this point in time. But what Government should be doing is not just to focus on cost saving signature projects like these only but give equal if not more emphasis on production, mass employment, export oriented projects at this point in time. Afterall 1.8 billion dollars is a heck of a lot of money in naira terms these days. |
CSTR2:Another point of note and like I said before, a recession is not the time to do technology transfer but provide basic nuts and bolts, brick and mortar infrastructure and except if the deal is an investment or a grant, whatever monies will be paid should remain in Nigeria by all means. This means Nigerian workers, Nigerian materials and Nigerian technology if possible. Now is not the time to bleed foreign exchange particularly on a project which has no potential to generate foreign exchange. Here I will distinguish it from what Dangote for example is doing. CBN should intervene and do due diligence that it will not be a conduit for shady deals in capital tripping. |
TonyeBarcanista:They always produce quality leadership because they are pragmatic, politically aware and independent minded bordering on the radical. No governor finds it easy to handle that state and must perform just to maintain control. Even military administrators never had smooth sailing thoughtless of the nepotism and godfatherism that has stifled other states. |
obailala:In stocks. The guy has a fixed income as CEO or warreva and unless you can wait till the financial year is over, no dividends or bonuses either. He might actually be 'technically' broke as one of my friends used to say back in the uni days. |
DONSMITH123:Good. But are we making effort at independence because of our convictions or out of necessity. That is the question. Necessity comes from the top, from the head as in reasoning unto deliverance. Conviction comes from the heart, the people, from within as in repentance. Effort without conviction cannot last. You know this. As they used to tell me. You can only know a man when he has money. What he does when he has money is the real him. Nigeria did not get where it is because we lost, wasted our resources. We are here because we are the way we are. Has that changed. Is that changing. What has government done to change that. Are we not hearing everyday how 'bad' the last government was, even from top leadership. Which means that 'we will do better if given the same opportunity'. Which means that the independence movement is borne out of necessity, not conviction THAT IT IS THE RIGHT THING TO DO. So when the present scenario changes, when oil prices rise again, WE HAVE NO NEED TO DIVERSIFY AGAIN, because the threat of economic death is no longer. No need to restructure because salaries will be paid, militants will be paid and so rent seeking continues. Everyone claims and proves to know the history of how we got here albeit incorrectly in most cases. To find out how to get the cigarette out of our addicted hands is another problem entirely. I am not seeing signs that government even recognises the fact of the NEED so it is tolerates the people being led kicking and screaming towars the theatre of 'diversification' to preserve its own political capital when it should be making clear that IT IS THE RIGHT THING TO DO AND THE ONLY WAY OUT. |
EMIOMOADEOYE:The problem is not with the individual leaders but the system that keeps on churning them out. The game that only unwilling, unable players always seem to participate in and win. It is the game that needs changing. Change the game to basketball and dwarfs will not be interested. Change the game to chess and ignoramuses will bail out. Change the game to mixed martial arts and cowards wil flee. We get what we permit and the leaders we elect are a reflection of who we are. If we elect corrupt ones it js because we are corrupt. If we elect strong men it is becuase we are weak and lazy. If we elect jesters it is because we are unserious as a nation. I warned sometime before that the expectations being put on Buhari was inconsiderate judging by the TRUTH of what bedevils this country. All shouted corruption. Corruption is now gone, abi. Does it in itself make a country, Nigeria better, no. There are fundamental issues bedevilling this country that are beyond even knowledgeable leadership but are in the hands of the people and their collective will to solve them. But when the people decide to exchange their responsibility for false hopes, this is what you get. This is why I consider the Presidency of Jonathan the best I have seen so far in the history of Nigeria. HE EXPOSED NIGERIA TO NIGERIANS for what it is. Not bread and fish, but the reality of the union called Nigeria, a realiity that all previous leaders and the present one has tried to shield and mask from the people. We have been living a lie since independence and it is now reflected in our pockets today. If oil prices had remained at 100 dollars we will never have considered independence popularly called diversification today. Jonathan created the perfect scenario for this consideration to happen and capped it off with a conference at the end of his tenure Resisted then but is looking beautiful today and may be imperative tomorrow as perhaps the only way we will be able to survive. Did this government have 'diversification' as an central pre-election agenda, no. Because it is an establishment one, determined to maintain the status quo of a failed system of operating Nigeria, focusing only on bread and fish economic modelling. I said it that time. That governance is more than building roads and buying books in school but it involves taking the hard, hard decisions that guarantees the future viability of the nation and its people. The current model Nigeria operates is not sustainable. I know, we know, that if oil goes north of 60 dollars and a few more roads are constructed and salaries paid on time, the government will be relieved, the people will be happy and re-election is sure.... but can we in the light of what we have all witnessed truly say that we have moved forward or just lost another glorious opportunity to truly develop. DO YOU WISH AS A NIGERIAN FOR THINGS TO GET 'BETTER' OR FOR THINGS TO BE DONE PROPERLY, i.e for NIGERIA to get better. There is difference. |
....BECAUSE THERE IS NO ONE TO CHALLENGE HIM.... This is the summary of democracy and Bill Clinton said it aptly, 'we donot need strong men but strong institutions'. Everything wrong today boils down to these. Overbearing individuals working with weak institutions. Legislature - weak and corrupt, Judiciary - weak and discordant, ruling party - weak and divisive. The Executive has no support. Even God Almighty has the Word and the Holy Spirit and they act as One. Nobody, no matter how highly or heavenly placed can know it and do it all. The more you shut up others the greater your tendency will be to fail. If a pilot turns off all his instruments and sirens, claxons, warning lights and ignores his checklist thinking with his experience and competence he can get from point A to B then he will know that day, that the world is not the same every morning and will wish the sun never rose that day. That is why we say the worst true democracy is better than the best pure dictatorship |
Araoluwa005:Very true. He was caught dozing off during an official event with Premier Kim at the rostrum giving a speech which is considered an insult with 'grave' consequences. But it was also thought his cup was full and the unscheduled siesta was the needle that broken the camel's back. |
[quote author=Qualer post=48992231][/quote] I tell ya bruv. Mark will be risking his creativity if he indulges. |
Qualer: See how he is holding the thing like a stylus... dem no teach am how to mould am like Efik or Ibibio man. Kenyans sef dey form high tech. |
Qualer:What's the difference. They are all big lumps of concentrated carbs guaranteed to give you hips. |
8BitGee: He is definitely has an appointment with John throughout the night cos the worms in his pouch will be like what da hell is coming doon. |
bigtt76:These are the forex drains I was speaking about. Except if it is an INVESTMENT or GRANT, the government should establish a moratorium on contracts and projects to foreign owned companies who are potential forex drains. If it wants to save money it can get the police to build that structure by direct labour. If it wants to create value it should engage the services of our teeming number of unemployed educated and non educated youth.Let the private sector 'trade' amongst themselves. It is time to start the divorce proceedings between the private and public sectors to grow tne economy. |
kenonze: You folks are just impossible. So ignorant that it is just mind boggling. When will reality hit you guys that this situation has gone beyond politics. What is your objective with this. Put the blame on someone, on people that have no stake in the rescue of the country to make the path easy for those who should be on their toes. It is discordant messages like these that's will only PROLONG the bad situation because leadership feeding into this confusion will do nothing. For your information, you cannot wish away economic challenges. The only way is to face them like Obama did with all conviction. Blaming George Bush two years after he took power was never on his agenda. People often mistaken criticism for cynism. No government, I repeat, no government CAN PERFORM without pressure. This is the fundamental reason WHY DICTATORSHIPS DONOT WORK. So you can deflect all you want. I do hope those in authority are not listening to your type but rather weighing the seriousness of the situation, because the day they do, they have sealed their failure. |
Hmmm, the NLC lost its relevance when it decided to join politics at the last elections. They took a gamble and it has backfired big time. These are just face saving, straw grasping modelling moves that will not turn heads at all. The lessons are clear. Never mix trade unionism with politics. The results are always incendiary and reputations will always go up in smoke. |
Honestly I don't beleive in generic curses but.... sometimes you begin to think Africa has something special going.... for her. |
Thank goodness gracious me. Big, big, big relief. At long last. |
shaddoww:This is where the problem starts. Someone somewhere breaks the law and the impunity grows and grows until it consumes lives. |
Dark continent..... where ignorance rules. |
deji15:Good one. Where is the Ministry of Finance, Industries and that of Trade and Investment and Science and Technology. This is where they earn their pay. By taking a hard look at all forex requirements and categorizing them according to 0% local substitution, partial local distribution and 100% local substitution by scouring the entire length and breadth of Nigerian local industries. You will be surprised to find just how much is available locally but is ignored on grounds of quality, price and preferences. SON should mandate manufacturers to ensure that their products to be sold in Nigeria publish their local vendors in regular newsletters and their local contents on every package with the Nigerian flag or other insignia boldly printed. Create a partnership, synergy or a platform where local producers and manufacturers can interact at the highest levels of governme to streamline production quality, costs and inventories. |
celestialAgent:Just shut it. You need real production abi. How many car manufacturers source compone gs from their countries entirely. Even manufacturing giant China sources the bulk of its vehicle engines abroad. Do it for several years and you transfer technology. Innoson is just ten years old and you don't expect them to be producing entirely onshore. It is not his fault that Nigeria has no steel plant, no petrochemical plant and no machine tools manufacturers. What the government should be doing is to mandate the CBN to prioritise the sale of forex to industries that compliment its strategic developmental objectives and keep a hawkeye thst such funds are not diverted. Apart from petrochemicals and energy, I cannot see what else should get forex before heavy industry of which vehicle assembly is one. |
yrret: Calabar South. Wetin dey there, abi who dey there. |
sarrki:It is not about commissioned or not. I passed 'under' on my way to Portharcourt a month and a half ago and slowed down enough to observe. One thing I noticed and this is Tunnel 101 for beginners. If you intend building any subsurface structure, please, please, please, you must give serious thought how you will get water out if and only if it gets in. I saw what was a joke of an attempt to do this by a foot and a half wide by a foot and a half deep open drain. I knew I wasn't passing back that way till December when the 'open sewer' will be less smelly. The Ministry of Works must engage the services of professionals, not politicians to set the standards for their infrastructure. This is a joke. |
This is one state where the great expectations have gone so so horribly wrong. And coming from the most educated pair of governors ever to grace the seat of government anywhere in nigeria, is just sad. Cross-River badly needs a viable opposition and the APC should prepare to take over power come 2019 if this is all the PDP has to offer. The days of Donald Duke seem like a distant memory now. Education can never make up for exposure and it is not proportional to wisdom, ideas or innovation. You either have it or you don't have it. |
Lazy man. He can't walk into the nearest building site to look for his daily bread. He is busy blaming someone else for where he has put himself. Sometime in the last 2 months, 3 months, 6 months, one year, he tossed an opportunity because it was too hard, degrading or obstructive. |
advocatebaba:Then why not just legalise them and their activities and disband the Federal police. |
We said they should restructure, they say no. We said State police, they say no, but the country is full of armed and unarmed civilian militias in breach of the constitution. Why is this cuntry so disorganised, so lawless. What is the so called civilian JTF doing in Kaduna State. Is the state threatened by the Boko Haram?. Is the state not the defacto headquarters of the Nigerian Army with a whole division headquatered there amongst countless training and operational bases. Is this not a tacit way of certain elements within the polity to control arms and armed groups ex-constitution while preventing others in other parts of the country to 'legitimately' defend themselves as well. What it happening. |
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what da hell is coming doon.