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Mimiko's return to PDP is just greed peculiar of average Nigerian politicians...Like Uncle Momodu posted, what is it that Mimiko want that he's not having. Well, if he did it for the sake of stopping any possible probe from EFCC, then he must be ready for double war that will soon hit him. A friend once assert the level of corruption in Ondo state, but I discarded it. Now I am beginning to believe; because come to think of it, what is he looking for again: once a commissioner, a Minister, a Governor, |
Apart from the fact the he can write, Uncle Dele Momodu is a patriotic Nigerian; I perceive a patriot each time I read his column PENDULUM in THISDAY. He most times writes with palpable spirit of a patriot....read his piece on Mimiko defection Fellow Nigerians, the cookie finally crumbled days ago. After many years of speculations about the true political calculations and permutations of Ondo State Governor, Dr Olusegun Mimiko, the lone Iroko tree standing for the Labour Party, the man finally defected back to where he came from, the People’s Democratic Party (PDP). As aptly described by the defector himself, it was a homecoming. And the PDP, desperate to retain power, by any means, at the centre next year, wasted no time in welcoming back the proverbial prodigal son. The party was in such a hurry that Dr Mimiko could not even enjoy the honour and privilege of being personally received by his new political godfather, President Goodluck Jonathan. He was welcomed by the Vice President, Architect Namadi Sambo, who was quick to admonish him to return home and join hands with the PDP loyalists who held fort while he went AWOL. The charismatic Chairman of the party, Alhaji Adamu Muazu, was also visibly absent. He would have made an eloquent speech as usual rhapsodising about the greatness of Iroko in Nigerian politics. I did not read anywhere that the father of all godfathers, Chief Anthony Anenih, Chairman Board of Trustees of PDP, made himself available on this occasion to welcome back their lost sheep. Baba would have waxed lyrical about how difficult it is to find a better party than PDP. Therefore, Mimiko was received by a second eleven, and what should have been a major photo-opportunity became an anti-climax. Such is the price you pay for making the wrong moves at the wrong times in the wrong places. I regard Dr Mimiko as one of the politicians I genuinely love in Nigeria but he must be told the home truth for this misadventure. I’m disappointed not because he joined the PDP but because he didn’t have to jump ship. To do an adaptation of John Milton’s Paradise Lost, what the Governor did was tantamount to reigning in hell when it would have been better to serve in heaven. Our great Brother had the opportunity of helping Nigeria build a formidable workers’ party but he preferred to use and dump his Party in total disregard for history and posterity. Nigeria is seriously desirous of a people’s Party. It may not happen overnight but it is very doable through dint of hard work and meticulous planning by accidental heroes like Mimiko. Despite the chicanery of the Labour Party leadership, the party was already forging ahead, albeit slowly but steadily, and it was only a matter of time before it became a force to reckon with. Sadly, Dr Mimiko has sacrificed that forward march with this selfish and unnecessary decision. Just in case he has forgotten, let me remind our Brother of a few instances in the past. I vividly remember that beautiful afternoon when I visited his home, opposite the American Embassy in Abuja, in the company of our mutual friend, Tokunbo Modupe. Dr Mimiko was home with only a few of his die-hard boys, including my good friend, Oluranti Akerele, of blessed memory. The house was devoid of any big man, contractors and the general parasites that litter the corridor of power. Oga’s gentle wife was not at home and he had to personally rummage the refrigerator to scavenge some drinks for us. The reason for the Sahara-like ambience of the premises was easy to guess-ticulate, Dr Mimiko was not yet in power. He was fighting tooth and nail to rescue his mandate from the PDP candidate, Dr Olusegun Kokumo Agagu, also of blessed memory. And nothing fails like failure. I recollect how we engaged Dr Mimiko on his plans for the good people of Ondo State should he secure victory in the courts. Tokunbo Modupe and I sat with him for long hours. When we eventually left him, I passed a comment to Tokunbo about the nature of winner- takes-all politics in our dear beloved nation. I said there would have been nowhere to park our car if the man was already Governor. I always find such lessons very compelling, instructive and indelible. Let’s now fast forward this salacious tale. By some stroke of providence, miracle or merit, our Brother retrieves his hard-earned victory from the artful dodgers. All his well-wishers including me were ostensibly happy that the hocus-pocus was over. Our joy knew no bounds. Our Brother rode triumphantly into the New Jerusalem called Akure. We all called PDP unprintable names. One of my first few encounters with the Governor was when he graced the Global Excellence Achievement Awards. I gladly received him at the entrance of the magnificent event centre, The Balmorals in Oregun Lagos, as we walked hand in hand into the venue. The first thing I told him was the awesomeness of God in restoring hope where there was none. I pleaded with him not to go back to PDP after the dust finally calms down and he said he had no such plans. His victory on the platform of Labour Party had rekindled hope in the possibility of political Davids defeating the behemoth of PDP gladiators. There was every chance that there could be a Nigerian party free from the stranglehold, and not dangerously controlled by the irascible moneybags. In fact, I got the confidence to join the Labour Party fully from that inspiration. I was very idealistic about offering my modest support to those bold enough to create an alternative platform to those so-called mega-parties. I fervently believed in the Labour Party to mobilise and galvanise workers nationwide for political emancipation. Nigeria can only continue to wobble and fumble with the present crop of big-players who have no iota of regard for the plight of the ordinary man. One of my tall dreams was for Nigeria’s Labour Party to link up with the British Labour Party for fraternal relationship and concrete support and I worked assiduously on that linkage. Unfortunately, the party leadership was less ambitious and more comfortable with milking their sole Governor and any disgruntled big man that absconded from embattled parties. Even at that, the party could have seized the opportunity to build itself into a very powerful force in the political firmament but the party soon became a dumping ground and junkyard for all-comers. Before my exit, when I found the party virtually irredeemable, I made spirited effort to persuade and encourage the leadership to stay strong and try to build a virile political machinery. But all those efforts went up in smoke. My most regrettable experience was the way Nigeria Labour Congress (NLC) allowed the party to pass off and leverage on its super-brand without having any influence whatsoever on its shilly-shally operations. The party wanted to cook its soup without sourcing the requisite ingredients. I had watched with incredible dismay and utter disbelief as the hopes of erecting a respectable worker’s party evaporated in a jiffy. I found it strange that a country that paraded many famous unionists could not boast of a serious Labour Party. Even the Comrade Governor Adams Oshiomhole had to find his fortune elsewhere. Just imagine Adams Oshiomhole seeking his Presidential ambition on the scale of that massive party. He would have had ready foot-soldiers in most of the workers in every ward across Nigeria. Had Governors Oshiomhole, Mimiko and other influential politicians been interested in such onerous task, they won’t have to labour in vain in different parties today. On my part, I had humbly resigned and moved on to an even smaller party, the National Conscience Party, conceived 20 years ago by the Senior Advocate of the Masses, Chief Abdul-Ganiyu Oyesola Fawehinmi (He lives forever) where I fought hard to get my Presidential ticket. My idea was to join a party similar or closer in configuration to the ideology of a people’s party. I saw the light early enough that the Labour Party was going to suffer a monumental implosion and disintegrate so catastrophically. It was obvious that Governor Mimiko had always been a Federal player and would soon be tired of being a local champion. The truth about where his heart truly belonged has now come out. While Dr Mimiko is certainly capable of determining his own future, it is necessary for his major fan like me to undergo this type of lamentation and mourning exercise as a way of consoling those who feel totally let down by this latest escapade in our political history. What is there for Dr Mimiko to gain again in politics? God has been very kind to him. He has been Federal Minister. He contested against his former party from a very insignificant party and won. He sought a second term and successfully fought both PDP and ACN to standstill and still won. We know he loves President Goodluck Jonathan, either for genuine or fake personal reasons, including the fear of EFCC, he could still have carried on his crusade through the Labour Party. He would have been able to kill two birds with one shot. He would have spared himself and the President the kind of unforeseen crisis that may soon erupt and enrapture PDP in Ondo State. No matter what happens, not every Labour Party member would agree with his reasons and follow him blindly to PDP. Many will start kicking like victims of epilepsy when they discover they can’t realise or fulfil their life ambitions under the umbrella of PDP. Some of them would soon pale into irrelevance after being swamped up by PDP chieftains. Conversely, many PDP members will reject the supremacy of new-comers to their party. And they’ve started already. Can you blame them? After working so hard against a man who had tried to obliterate their party in Ondo State, they would now be forced to chew the humble pie by calling a cow uncle in order to eat beef. Please, tell me what would become of the original party leaders and elders who built the party through sweat and blood. All those who had planned to contest elections into various positions on opposing platforms would be seeing double by now because of the personal decision of one man, Dr Mimiko. Even Mimiko has shot himself in the foot. By the time his tenure is over, he would have missed the chance of being a Senator like other former Governors who use the Senate as their retirement benefit. What then is the soul and purpose of this brouhaha? This is grossly unfair when we recollect that Asiwaju Bola Tinubu donated the bulk of South West votes to the same love-child without decamping from his own party. I would have understood this game better if President Jonathan had agreed to hand over in 2015 to Dr Mimiko but there is no such evidence and we all know that won’t happen. I appreciate Dr Mimiko working actively for the re-election of President Jonathan in his personal capacity. It is his right as an individual to support whatever candidate he likes. However, he didn’t have to deal so fatally against the party that brought him back from the shadows of death. Without the Labour Party, PDP would not have found him useful today. He would have vanished into total oblivion from our merciless political landscape. At best he would have enjoyed relative obscurity. In short without the Labour Party his star was dimming and his political career was almost at curtains drawn as depicted by the ghost town feeling of his Abuja home when I visited with Tokunbo Modupe. I believe Iroko didn’t consider many things before taking this disastrous action. The collective destinies of many of his supporters have been mortgaged so recklessly. The teeming populace who supported him because they believed that he had been hard done by and deserved a measure of solidarity have been left to roast in their own juice. Iroko has jettisoned loyal Labour Party members who felt his leadership was necessary in their bid to start the process of effective opposition like jetsam and flotsam. He has given no consideration as to the hiatus he has created. As for most of those who followed him to Abuja like objects of mass hypnotism, they will soon awake from their somnambulism when they realise how much they’ve been short-changed in the new equation that may never add up. As if I knew. I had spoken with Tokunbo Modupe on the eve of this riotous defection, asking him to convey my message to the Governor not to defect. I was ready to concede to his support for anyone he likes but didn’t share in this overkill. Tokunbo’s deafening silence should have forewarned me that the deed was already done and I was merely wasting my saliva. It is such a calamity that one of my favourite politicians has somersaulted again like many tragic heroes before him. I worry no more for Mimiko. I worry for his hapless followers who have seen him off to Golgotha. May they return in peace and not in pieces. |
superior1: We have got people with brains like supercomputers in Africa yet we are cursed with leaders who are complete idiotsThese 'leaders' are selected/elected from amongst us- Africans. So if you say our leaders are complete idiots, inductive reasoning will say you also meant that we (people of Africa) are idiots.( I am just thinking) |
I got the mail below from, obviously, a scammer and it saddens my heart that despite the author's writing skill, he wouldn't want to make money from it legitimately. Can you fall for this kind of mail... NIGERIA CENTRAL BANK YOUR DIPLOMAT HAS ARRIVED SAN DIEGO TO DELIVER YOUR FUNDS, CONTACT HIM NOW. Scam Compensation. Since the Sack of Sanusi Lamido, Previous Gorvernor of Central Bank of Nigeria, Investigation has revealed that After all promises to deliver your funds 1$ has not been payed to you, However, am glad to inform you on the development of your compensation fund. You are given 24 hours to confirm your full delivery address and valid phone number to enable the DIPLOMAT EVEREST AMBROSE deliver your consignment containing your compensation in the amount of $1,000,000 to you unfailingly today. You must contact him now through email or phone ( qvboffice@gmail.com or +1 619-488-2662. ) Get back to me with update. Sincerely yours. Mr. Godwin Emefiele GOVERNOR OF THE CBN |
I think " how to win friends and influence people" was written by Dale Carnagie. Check and correct |
I think the OP got everything wrong; the map he uploaded was used to show the location of the influence of the big nations of the world on Africa. If you look at the map, the US has much influence on western and sahara Africa, while China's influence is located at the Central, Eastern and Southern Africa. Either the OP used a wrong map or he didn't actually understand the map. |
Really what is it that this government has not done wrong? I am yet to see one. read.... When Moyosore Ojuri lost her father at age 11, her world practically came crashing. Her father had promised to give her the best of education. Although he was not a millionaire, the man had struggled to enrol her in one of the top private secondary schools in Lagos. But with the death, her mother, a retired civil servant, could not pay her tuition when due. Luckily, the authorities of her school recognised the young lady’s academic exploits and gave her family the concession to pay her tuition in installments. Even with that, her mother had difficulty doing so as she occasionally ran into debts. However, on completion of her secondary education in 2010, Ojuri passed the West African Senior School Certificate Examination, obtaining six distinctions and two credits. But accessing university education did not come that easy, due to lack of funds. Fortunately for her, in 2012 she came across the Bilateral Education Agreement Scholarship Awards advertised by the Federal Scholarship Board through the Federal Ministry of Education and grabbed the opportunity. Ojuri passed the series of tests and interviews and was given admission to study Metallurgical Engineering at the Volgograd State Technical University, Russia. On touching down at the Domodedovo International Airport, Moscow, Russia on September 22, 2012, Ojuri concluded that her pains and frustration had come to an end. Nigeria has BEA for undergraduate and post-graduate studies with Russia, Cuba, Morocco, Algeria, Romania, Ukraine, Turkey, Egypt, Japan, Serbia, Macedonia, China, and Mexico. Under the arrangement, the Federal Government pays for the upkeep of the students, while the countries where the scholarship award is tenable provides the tuition. Two years after, Ojuri has a different story to share. Speaking with our correspondent on the telephone from Volgograd, she says that the Federal Government has since abandoned the BEA scholars to starve to death. According to her, for eight months running now, the over 322 promising Nigerian students on the BEA initiative in the former Soviet Union have not been paid a dime by the government. Each of the beneficiaries’ monthly stipends for feeding is $500, while their annual allowance for medicals and clothing is $450 each. But from January till date, none of these allowances have been paid by the Nigerian government, despite repeated appeals and other forms of representations to the Nigerian Embassy in Moscow and the Federal Ministry of Education in Abuja. Following the non-remittance of funds, Ojuri and her Nigerian colleagues, of late, have no choice but to borrow money as a survival strategy from their fellow African students enjoying similar BEA. The 20-year-old asks rhetorically, “We are not private students. We came to Russia on the bill of the Federal Government. Why haven’t the authorities paid our stipends and other allowances for eight months now? For how long shall we continue to borrow money?” The youngster, who says she has a huge debt on her neck at present, notes that their colleagues from other countries are no longer comfortable lending them money. She adds, “On many occasions, I have had cause to go to class on an empty stomach. Getting money for transportation from my hostel to school has become very problematic. More worrisome is the fact that I will soon be homeless as my hostel fees will expire at the end of August. We are grateful to the Federal Government for the scholarship opportunity, but there is no sense in leaving us here to starve to death in a foreign land.” Findings by our correspondent reveal that the inability to get work permit by foreign students in Russia is further compounding their problems. So, how do they survive the starvation and hard times in the Eurasian country? Another Nigerian, Akinola Akindamola, pursuing his Master’s degree at the Volgograd State Technical University, explains that they engage in all kinds of oddities to survive. According to him, the pressure is even more on his female colleagues. Akindamola, a first class Mechanical Engineering graduate, says, “It is unfortunate that girls with exceptional academic brilliance are now forced to indulge in all manner of indecent lifestyles. These girls now go to clubs and dance semi nude for a fee that could be as low as $20. For the boys, employers use us for odd jobs, such as clearing of snow and as labourers on construction sites. Even as we do that, there is this perpetual fear that the police will arrest us.” A final year Medicine and Surgery student of the Russian National Research Medical University, Moscow, David Ikenna, also admits that the failure of the Federal Government to remit their allowances exposes them to risks in the country. Ikenna states, “We have been finding a way to survive by circumventing the laws, but it is at great risk to our personal safety and academic pursuits in Russia. Our situation is frustrating. My brother, we are suffering. How I wish I could bring you here to see how miserable our conditions are. The Nigerian government has failed us miserably. FULL ARTICLE: http://www.punchng.com/news/students-on-fg-scholarship-begging-for-food-in-russia/ |
COMPANY PROFILE: Our client is a multinational textile company, specialising in the production of high fabric across West and Central Africa. The company is recognised and respected for its unique design, colours and wax effects combined to creating an inspiring fashion statement. Sales/ Merchandise Planning Develop the local sales/merchandising plan Manage the execution of the local sales and merchandising plan Realize the Merchandising product plans and steering on deadlines. Determine which products should be offered through which channel and in which geographic Support the Key Account Manager/ Wholesale Manager in selling selected product assortments to Key Accounts; this includes all product categories, including catalog Stock Keeping Unit (SKU) requests or requests for re-engravings Provide timely and relevant information to the Sales & Operations Planning (S&OP) process to secure optimal planning processes on Sales & Stock Propose key SKU’s to be blocked for other clusters Compile input to and monitor the Country Merchandising Plan: Line Plan, Assortment plan. Product Marketing Execution Propose promotional activities to turn inventory to meet the sales goals Advice Advise the wholesale manager on the assortment (designs, SKU) by through order analysis in order to optimize the supply and then increase Selling IN for company and Selling Out for customer/retailer Identify potential improvements with respect to existing and future processes/tools Advise on new Product – Market combinations. Which Products for which markets Add local expertise & knowledge of Region to brand and communicate opportunities about local trends to Regional Wholesale Director. Share best practice information with Wholesale executives and other stakeholders. Analyses Collect, analyse and identify actual and forecasted data/ information with regards to sales, inventory, deliveries and market trends/requirements, both qualitatively and quantitatively Gather, compile/ analyse sales information based on product performance (selling in and selling out) of the different company’s product groups. Perform stock analyses & sales forecasts, including Sales & Stock management. Gather, processes & analyse data, consumer insights as input for CAP (Conceptual Assortment Plan) Contribute to the identification/mapping of the relevant consumer segments and their needs Identify and report bottlenecks relating to deviations in supply and demand Report adjustments in actual sales and forecasts if necessary, with arguments Follow up the application of the assortment rules Secures the accuracy of the used tools, data, facts & figures Capture and secure Merchandising templates QUALIFICATION/REQUIREMENTS: Bachelor degree in Sales and Merchandising Relevant professional experience in the fashion & luxury industry preferred 1-3 years international work experience within Sales and Merchandising preferred Commercial background African experience (General) Supply Chain knowledge English & French language COMPENSATION/PERKS: Competitive To Apply: SEND your CV to jobs@es-africa.com PLEASE TELL A FRIEND! SOURCE : http://www.bullhornreach.com/job/1704360_sales-merchandise-planner-abuja-nigeria-abuja-nigeria?utm_campaign=v1&shortlink=3618737&utm_content=79&utm_source=linkedin.com&referer=None&utm_medium=referral |
Salam brothers, May I know if it this qualifies me as a faster: I had the intention of fasting but I woke up late, 5:37am, quickly brushed my teeth and took few grains of groundnut. |
bory09: why are they both girls. Hmmm use what you have to get what you want in the making. Mouth sealHello, it will be reasonable you check things out first. Tolu Ogunlesi is NOT a girl!..Come to think of it, are you saying you do not know TOLU? Chai! I get disturbed with this level of ignorance; this is just too embarrasing. More things become clearer if only you'd Google. |
It is indubitable that a nation without a firm hand at the helm, especially if its institutions are as feeble as the grasp of a new baby, will ever experience any tangible growth in any area be it economic, education, agriculture etc. Histories of great nations have always shown that it takes firm and courageous steps to achieve any modicum of development. It is evident likewise that principles, idealogies and whatnots require steadfast, bold-heart and firm mortal to champion, and to rivet the tenets of such principles or idealogies on whatever group it chooses to stand with. Since the outset of this present democracy in Nigeria, we have had three eras of leadership. At the inception in 1999, we started with the imperial generalissimo himself, Olusegun Obasanjo (OBJ). In my opinion, I believe OBJ's style of leadership was what we needed at the time he helmed. He was a firm leader ( or ruler as some would say) and he was able to achieve the little we now enjoy as dividend of democracy. Hardly will one see or hear of all these outright impunities we have today. Nigerians felt his leadership whichever way one looks at it. Internationally, he was respected by the West and awed by the developing nations. The international investors' confidence in his reforms brought in several FDIs and I still believe it is his efforts that is still bringing in FDIs till now, my opinion though. He was a great and quick decision- maker. But like a typical African leader, he smeared his great and patriotic efforts by his ill-conceived third term agenda and thus ended his tenure in shame, again my opinion. After the general came one of his stooge, Umaru Musa Yarad'ua, a former governor of Kastina. This second era witnessed several good start-ups, tilting towards: ending the Electricity challenges, Niger-Delta crises, re-organising of the Judiciary for the purpose instilling rule of law into the nation's system and also birthing of era of transparency in government. But all these were in start-up stages before the cold hand of death halted his existence after a long illness. I have no doubt that if he had had the opportunity of completing a term in office, Nigeria would've experienced, if not mammoth, a modicum of growth far afield of the twisted situation we found ourselves presently. After Yaradua's demise came the one Nigerian youths dubbed 'clueless one', Dr Goodluck Jonathan (GEJ). He first acted on acting capacity during his predecessor's long illness and later as a substantive President. All the laudable programmes of his predecessor were abandoned aside the one he thinks will benefit his people, the Niger-Delta crisis which he had since followed to completion, while all other programmes were either abandoned or tinker with. I am very much aware that a lot had been said and written about Mr GEJ's incompetence and cluelessness. I am very much aware that so many Nigerians are still in bathtub of regret faulting their gullibility in voting in incompetence. I am aware that the people have lost hope and faith in this Mr GEJ's government which is evident in the increasing daily vituperations of his government by Nigerians, young and old. What I am not aware of is if Nigerians know that they have the power to rewrite their history. What I am not aware of is if inspite of the hardship this present government is subjecting Nigerians to we are still hoping and believing that God or one god from somewhere will come down to help. Our patience is novel and weird. The late Fela Anikulapo Kuti puts it aptly in one of his songs, we smile in suffering. Sometimes one is made to wonder what will possibly make Nigerians go the Egypt way when even what they've so far been subjected to by Mr GEJ's government is more sordid than the Egyptians, yet we remain apathetic. What a patience! |
I don't think Chief Dokpesi would have sacked him without pressure from outside AIT. Gbenga Aruleba became a thorn in the flesh of corrupt and inept government at the centre. According to this story in 2009 http://m.modernghana.com/mobile/254030/1/how-sss-pressured-ait-owner-dokpesi-to-sack-gbenga.html via huhuonline, he would have been sacked but Chief Dokpesi diplomatically saved him. Let wait to hear from Gbenga Aruleba and Imoni. The hand of the FEDERAL govt of Mr GEJ and his dirty-mouthed Information minister will surely be the found at Chief Dokpes' back if we look well. |
Whatever your apathy to someone else success because you can't explain somethings, whatever your feelings for the successes of Nigerian elites and its business owners, you can't but like this businessman. TOE, as we fondly call him in UBA, is one of the success story of a life committed to hardwork and that all is possible in life. He has the aura of success all around him; he is smart, intelligent, a great manager of people and resources, and most of all, a ball of fire. He is a dreamer, a big dreamer. He dreamt of breaking new grounds as he said in his last memo to all staff in August 2010 as the out going MD/CEO of UBA, and he has started breaking the grounds three years after. All I can do is to felicitate with him and his family for the achievements so far, and to most of all wish him well in all his future endeavours. I still hope to have one more physical encounter with this man, I hope. |
Lakayanah: If that is his son or grand son the fellow is cuteBro that is Ade Bantu and not his son... |
When at an event organised by University of New South Wales, Mr Bill Gates, the world richest man according to Forbe, consciously attacked the view of certain Ms Dambisa Moyo, the author of the book DEAD AID, on aid to Africa, I cringed. But my cringing is only because I feel pains across my body while watching the interview; I watched with increasing anger as the video played on. Though, I am yet to read Ms Moyo's book (Dead Aid) I understand, from several economic pieces I read campaigning for discontinuance of aid to Africa and from other arguments making reference to her book, she brilliantly and intelligently argued her position on aid to Africa, and that she not only argued her position but that she also profer better ways Africa and the world leaders could finance economic development in Africa without aid. If Mr Gates is against her view, I guess the right thing to do is to counter her with facts and verifiable data, and not accusing her of promoting evil through her book just because she was courageous enough to tell it the way it is. To me that's reckless from a man of his calibre. Aside Ms Moyo, who happens to be an African ( I guess she knows where the shoe pinches far more than Mr Gates), majority of Africans are now against aid- except the myopic leaders indirectly fostered on us. There is a popular saying that it is better to teach a man how to fish than to give him fish every now and then. If you teach him how to fish, since you are willing to help him, he will be independent and won't be a burden to anyone. If Mr Gates and his ilks with their countries wish to help Africa out of 'poverty' and under development, they should do so without giving fish every now and then but rather us teach her to fish... You could engage me on Twitter @defesobi or visit my MobileBlog htt://economicate.pun.bz |
It is falacious to say a man is a Great man, because in the hussle of his trade he distinguished himself, . I think those that assert this premised their conclusion on obvious error and a very faulty one at that, with due respect to all with opinion that Papa Chinua Achebe was a great man; Is just that I am yet to see the reason(s) for that (or maybe I have not listened enough). I'm of the opinion that he was a great writer and a good storyteller whose works tell the stories of his people, but a 'great' man in the context of greatness?...nah! I don't think we are fair enough to ascribing greatness to a man who from his writing one could see traces of tribalism- or could one call it enthic promotion? |
I, sometimes ago, wrote this short poem ( http://economicate.pun.bz/we-are-stronger.xhtml ) which was inspired by the conspiratorial whispers that rove in my thought at the height of the BOKO-HARAM madness. The US sure know how not-to get caught in things like this - creating chaos in sovereign nations. Something in me has always told me the US must have a hand in this, I guess it's just a hunch then. When I read the WikiLeak cable leak, I marvelled but not surprised. Don't forget the prediction of the CIA that "Nigeria WILL ( note: not might) cease to exist as a nation come 2015" and to make true their prediction, they have to create artificial chaos through exploition of the North's fanatism and gullibility and what makes this matter worse is that we have an un-inspiring and incompetent head at this time. This is not a religious war; it is, for sure, engineered by force outside Nigeria. Islam preaches peace. What the Americans and its western cohorts fail to understand is Nigeria will alwaya survive. We are stronger even in our diversity. We will survive! |
I, sometimes ago, wrote this short poem ( http://economicate.pun.bz/we-are-stronger.xhtml ) which was inspired by the conspiratorial whispers that rove in my thought at the height of the BOKO-HARAM madness. The US sure know how not-to get caught in things like this - creating chaos in sovereign nations. Something in me has always told me the US must have a hand in this, I guess it's just a hunch then. When I read the WikiLeak cable leak, I marvelled but not surprised. Don't forget the prediction of the CIA that "Nigeria WILL ( note: not might) cease to exist as a nation come 2015" and to make true their prediction, they have to create artificial chaos through exploition of the North's fanatism and gullibility and what makes this matter worse is that we have an un-inspiring and incompetent head at this time. This is a war, but for sure not a religious war; it is a war engineered by forces outside Nigeria. Islam preaches peace. What the Americans and its western cohorts fail to understand is Nigeria will alwaya survive. We are stronger even in our diversity. We will survive! |
Bro, go back to Access and ask that they invest the money in Bankers' Acceptance (BA) or commercial paper (CP) for you. The withholding tax you pay on fixed deposit nibbles away your returns, but both BA and CP have no tax. You could also check other banks for good rate..GTBank, Zenith, UBA etc. |
AwodwaGyanOniwe: @MudfacesIt is very save to call you a 'daily mail economist'....Though, the Nigerian situation is unfortunate and not somewhat shameful, distorting facts to make it gravelling is fraud in itself. You said "As we speak 112million people in Naija live below $1 a day." That is very incorrect as the source you got your information from had long reviewed it facts. How much is a dollar in Nigeria? Check the facts again bro. You also said "Over 80 million or half of Nigerias population live in RURAL AREAS/VILLAGE ". I think it would have been sensible to quote a source instead of making flat statements. 80million Nigerians in the rural areas? I doubt that data!... |
The low quality of comments on this tread on President Zuma' visit to Nigeria has shown the level of intelligence of a typical Nigerian youth- I believe most commenters here are fall within the age range of youth. How can you read the article upside down? How can you read silly meanings to every happenings in the country? Imagine, nobody even commented on the economics data reeled out in the article and how such data would or might affect the future of Nigeria and Nigerians; or even atleast checking the verity of the data would have been sensible. All I see as comments show our pettiness, and shallow 'I must comment' braggadocios which even expose more of the empty-headedness of a typical Nigerian youth. Leave GEJ, discuss the essence, importance and the benefit of Mr Zuma's visit to both countries. Oga fuyin o! |
Our continual unity in diversity, our firm statehoodness remain a mystery to THEM. What we could achieve if not 'tinkered' with is THEIR fear. THEY amalgamated us to break us, but alas! we continue to soar higher, even in the mist of THEIR 'sponsored' chaos. What we will become if left alone is their angst. If only we ourselves would think from within, then our without THEM will be victory. We are stronger![b][/b] |
Neo-XVI:Thanks for sharing your thought NEO. I just need to reconcile your points with the reason why we, according to the Govt and its agencies, continued to have increase growth of GDP when the corresponding conventional sweet effect is not been felt by the citizenry through improved living standard? I will take your 4th point. If, as stated by you and paraphrased by me, the real GDP is inversely affected by increasing population, why is our GDP still been reported to be growing even as our population is reported to have been increasing at a faster pace. I expect that as our population grows, GDP ought to be dampened. On the 3rd point, I agree with your assertion. But as the purchasing power of Nigerians had not increased for long time, so? |
kay9: Interesting discussion.My friend this point you raised as per private export and Govt export (Crude Oil) had always been a troubling and confusing subject to me; especially, since we do have most vague information on most of the contents of Govt's generated statistics. If you go through the article again, I did say, the essence of it is to prop up intellectual discourse on why the GDP, according to the Govt and its agencies ( Min of Finance, NBS, CBN etc), will continue to grow, while the end effect which ought to be good life for the citizenry is not been felt by them. And as I pointed out in one of my comments in this thread, Nigerians need financial ( economics) education, even if it will just be knowing the fundamentals. All in all, KAY9, I believe the crude oil export would be a part of the total export. While the revenues less tax on private export go to the individual exporters, the revenues on crude oil export go to the Govt. |
Omo_Tier1: Very true indeed. Sadly, millions are too ignorant of this fact that these fraudulent numbers arrived at by the NBS is being used and will be used by the National Economic Planning in their outlook of Nigeria's future.Once again thanks for sharing, I guess you are an economist. Well, all in all, we (Nigerians) need financial (economics) education of some sort. We have allowed the Govt falsified figures to make things look like all is well with the nation, whereas in actual sense all is not. Also, I think our academicians are doing alot less than their counterparts in other climes. In other climes, you'll see Professors engaging the Govt mostly on social and economic policies that are anti-people; but the same can't be said of Nigeria. We tend allow the Govt do almost every with little or no questioning. Please kindly check my profile to see all of my other efforts- I am just learning to scribble once every now and then. I have a MobileBlog ( http://economicate.pun.bz ) where I once in awhile pour my thoughts on issues on. You could also engage me on Twitter @defesobi . |
Omo_Tier1: Beautiful and well though out article. You are very much correct with your assertions that the GDP of a nation is directly proportional to the wealth of her citizens, vis-a-viz the purchasing power of Her citizens and the living standards. |
Omo_Tier1: Beautiful and well though out article. You are very much correct with your assertions that the GDP of a nation is directly proportional to the wealth of her citizens, vis-a-viz the purchasing power of Her citizens and the living standards. |
Omo_Tier1: Beautiful and well though out article. You are very much correct with your assertions that the GDP of a nation is directly proportional to the wealth of her citizens, vis-a-viz the purchasing power of Her citizens and the living standards. |
What you are about to read is just an opinion of an enthusiast of economics; thus, I am neither an economist, at least not yet, nor a national accountant. But I believe in books and I read wide, I suppose. I was prompted to do a little study of the subject of what economists' call GDP owing to the bohemian inverse relationship between its growth and the standard of living of people of Nigeria , which I understand through various available facts is unconventional. And I hope this might possibly ignite an intellectual discussion so that at least more competent economists or students of economics would take it up from here. The Nigerian 'situation' created a disconnect, as against the conventional direct correlation, between GDP growth and citizens' well-being (or standard of living); this I believe should be a source of worry to the managers of the nation's economy. For several years now, as a person with interest in the subject of economics, I have always believed as I read from economic texts, mostly backed up with empirical evidences, that a nation's wealth is determined by how well its citizens live and also that the wealth of nations is measured by what economists call GDP- 'Gross Domestic Product'. GDP being the measure of market value of all final goods and services produced within a country in a given period of time I read is the best known single measure of economic well-being of a nation. I also believed that a nation with large GDP can afford to cater for the basic needs of its people. Thus, when there is a considerable growth in GDP, it is expected that there should be a corresponding positive change in the well-being of the people, but nay, reverse is the case in my country. The government, year in year out, have always announced incremental growth in the nation's GDP. This conventionally should mean that people's living standards are better off in the year of review compared with the previous year; but that's not the case and one is made to ponder what might be the cause of this. The government and its various ineffectual agencies have tried to expound the possible reason(s) for this. I dare say, instead of trying to explain, which won't put food on the table though, the government should treat this as a phenomenal departure from the conventional proven economic theories and take a critical look as to why Nigeria's should be so. GDP, fundamentally, is computed by the summation of the nation's Consumption, Investment, Government Purchases (spendings) and the Net-Export (export minus import) in a period. Meaning for GDP to grow, there must be an increase in one of its components. So when the government says GDP (real GDP) growth rate increases by so so and so percentage, this conventionally should mean that either the citizenry had increased incomes which thus increase aggregate consumption as they (citizens) spend on goods and services; or they had increased incomes and decided to save (or invest) for speculative or precautionary purposes; the savings, mind you, engender increase in loanable capitals for industrial investments. Also it may mean that the government had increased spendings during the period or that the nation had a swell harvest which brings about exportation of the excess to other countries; or mostly the combinational increase in all the components. Thus, deducing from the above, for any of the components, except the government purchase, to move (+ or -), there must be a significant change in the aggregate income of the citizens. And, since the income (both private and public) of the citizenry rarely increase in Nigeria as the GDP increases, one could conclude that the GDP is not growing in the real sense, and this I believe could be the reason why the economy is not even producing jobs. Even if the Government purchases is increased, which ordinarily should stimulate the economy somehow, most of the fund allocated for such purchaeses are never used for what they are meant for. So, why is there yearly growth in our GDP? To be continue... |
@Afroxyz.... As to my comment on your 'Black Jesus' poem, how many comments have you seen on this (Memo To Mr Politician) since you posted it on Jan 10. This is the first, as you can see. Religion makes heads turn as if a troubler is around when one promotes or speaks against one of it tenets....Continue writing sir! |
I have come to believe that to make people read you, make a comment about religion and they'll throng at you like bees to disturbers of their beehives. The writer of the poem, I guess, wanted the fanfare that is besieging this poem thus the catchy title; albeit he laboured to be poetic, he was creative. I am no fan of his work though.... |
megatek: position still availableHello, I forwarded a CV to the email address twice but yet to see a response. |