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A case of when you collect =N=100 for a job and you end up doing a =N=10 worth of job Make we dey praise you? Kwontiniu Diaris Godu oo |
It did not start in 2016. The nation’s first movement. 2016 marked the peak point in the upended world order, but the movement had been evolving with an equal measure of stealth and drama. In the preceding two years India, Indonesia, and Nigeria, in that order, threw up various shades of “change” presidents. They all countered the establishment, asserted more benefits for everyday citizens, and signaled their intentions to shift the focus of their markets from foreign imports to domestic exports. Add to that, more extreme nationalist sentiments and 2016 merely heralded a new status quo: An ideology that will, at the very least, challenge the unmet promises of globalization. Last month alone, the United States and the UK embraced their roles as leaders in the nation-first movement: Trump proposed a budget to Congress that would shrink the State Department, EPA, and USAID in 2018. Theresa May embarked on a path for the UK to leave the EU by Spring 2019. In tandem, China is repositioning to fill the void and become the new champion in a modified globalization. The concern for Nigeria? Finding how to capitalize on the modified state of play. Globalization cannot be completely undone. So Nigeria should anticipate a form of globalization where South-South economic links gain more strategic importance than North-South ties. “Emerging markets and developing countries already contribute to 80 percent of the growth of the global economy,” Jinping said, presenting evidence at Davos. Let’s think about how Nigeria navigates the new order, mindful of local challenges IMF identified. In January, Nigeria’s loan requests to the World Bank and Chinese Export-Import Bank loans were stalled. The lending parties awaited Nigeria’s governance and economic reforms. The loans were predicated on them. By February, China had put in place a $1.5billion loan for the Lagos – Ibadan rail project, and earlier this month, a $4.5billion loan to mechanize our agriculture. In March, the World Bank received Nigeria’s economic reform plan and needs to know whether we plan to maintain a market-determined exchange rate, rather than using foreign reserves to prevent further declines in the naira’s value. This specific question was not answered in the plan, so the World Bank approval rests on other articulated economic recovery measures. “In a country that has never been short of plans of blueprints, the question is whether this one will be implemented,” said Manji Cheto of Teneo Intelligence. Meanwhile, Nigeria’s top export destinations for crude oil include South Africa, Brazil, and India – countries with obvious interests in stabilizing Nigeria’s oil production. They are co-founders of the New Development Bank (NDB), which has a broad remit to support development projects in cooperation with international actors. While diversifying, Nigeria should explore uncharted financing territories to secure traditional revenue. The UN fund programmes in Nigeria that build good governance, the rule of law, democracy, women’s rights and strengthens civil society. These building blocks help to boost investor confidence in Nigeria. What happens if US reduces its major share of funding to the UN? Nigeria can still totally control whether it respects election results, applies corporate sanctions fairly, offers attractive concessions to agri-business investors, and removes import bans on commodities, where export enabling infrastructure and capacity is currently lacking. Inspired investors must in turn build our core economic competencies. Political risk and uncertainty now disturb the developed world not just frontier markets like Nigeria. Trump’s victory promises to embolden anti-democratic leaders, not only outside the West, such as Putin, Turkey’s Erdoğan, and Hungary’s Orbán. Nigeria will not be alone in its bid to assure investors of a steady climate. Will these conditions be permanent? “In the battle between reality and populism, reality is now winning,“ says Peter Kelner of Carnegie Institute. Peter is right! Since January, apart from two public conquests – the appointment of Gorsuch and the lauded airstrikes on Syria – Trump’s signature campaign promises have turned into ignominious defeats. With his 36% approval rating being the lowest of any new U.S. president on record, the allure of a nationalist deal-making genius, running a “fine-tuned” machine is fading. How should Nigeria engage? Before fully loosening our North-South ties, we should be mindful of areas where newly tenured governments would actually wish to keep our links tight. “It’s hard to argue that any country in Africa is more important than Nigeria for the geopolitical and other strategic interests of the US,” J. Peter Pham of the Atlantic Council asserts. Trump signaled his approval to sell Nigeria up to 12 Embraer A29 aircraft, which are assembled in Jacksonville, Florida. We improve our relationship with America by boosting US manufacturing in high-wage paying jobs, while also equipping our military. This is also a solid model on the question of timing: Two tenured governments investing in a process once evident that local enablers are on board: Senators McCain and Corker in this case With all lending agreements and tomorrow’s partnerships, the task for Nigerian government negotiators is to strike agreements that maintain our economic interest, accept sensible reforms that enforce those interests, and stay mindful of any lending partner’s shareholder or credit rating motivations. While forming allegiances with demonstrable value, Nigeria should remember Henry Dunant, founder of the Red Cross, who said, “Our real enemy is not the neighboring country; it is hunger, poverty, ignorance, superstition and prejudice.” http://m.guardian.ng/business-services/the-best-place-for-nigeria-in-the-new-world-order/#top |
Quite educating We need more stuffs like this on FP not All those yeyebrities news |
musicwriter:I couldn't resist sharing this |
GEJ my HERO |
Has APC really woken up from the land of delusions. Or it's just a few ones amongst them Party of Professional Liers and Propagandists |
I thought Buhary had cancelled it before HML to the new couple |
Expanding his empire |
APChit |
magicminister:Oba Sigiwaju is a non entity that no one knows and no one probably will know. But if it is Oba Sijuwade the Oonirisa then google is your friend |
Sleeping Giant wake up Naija wake up from your slumber Leaders of tomorrow the time is nigh |
I never imagined it would be this keenly contested or close |
Really....
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Interesting |
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Interesting |
The gradual but steady demystification of Asiwaju Bola Ahmed Tinubu, by forces within the APC; a party he contributed immensely to build, actually started with his failed attempt to be vice president. This was followed by his failed attempt to have his preferred candidates elected into the leadership of the APC dominated National Assembly. As if these were not enough, his former protégés (Babatunde Fashola, Kayode Fayemi etc) with whom he has apparently fallen out, were appointed ministers into the cabinet of President Muhammadu Buhari, against what may have been his recommendations. In all of these, he maintained a dignified silence on the role of the party and by extension the presidency by assuming all was well. However, he was pressed to cry out when his last forte of influence appears to be threatened – the APC structure of South West. Asiwaju is beginning to lose grip of his power base and he can’t afford to keep quiet and watch his political fiefdom taken away. In all his political travails, Tinubu has often blamed his perceived enemies within the party. He blames the National Assembly saga on the excessive ambition of Bukola Saraki, the man who emerged as senate president over his preferred candidate, Ahmed Lawan. However, indications began to emerge that there could be a powerful but invincible hand behind his many political misfortunes, when again his preferred candidate for the substitution of the late Abubakar Audu, in the inconclusive November 2015 Kogi state gubernatorial election, James Faleke was dropped by the party under pressure from powerful quarters and instead fielded Yahaya Bello, the first runner up in the primaries that produced Abubakar Audu. Political watchers described this event as a measure by certain Northern elements in the presidency to keep Tinubu’s sphere of political influence away from the Northern region. The Jagaban got the message and retreated to his original zone of South-West. This time, as he had always done, he attempted to influence the emergence of his preferred aspirant, Dr. Segun Abrahams as the candidate of the APC for the Ondo state gubernatorial election. He must have hoped he would easily emerge as the flag bearer of the APC and with power of federal incumbency go on to win the election proper. Alas, this was not going to happen. This time around, his opponents had the apex leadership of the party on their side and so it was that his candidate was defeated in a most spectacular manner, but not without controversies. Unable to take this humiliation in his own domain, Tinubu cried out. This time he blamed the national party chairman of APC, John Oyegun for his latest loss. He called for his outright resignation over what he described as his lack of integrity and sound judgment. However for those who understand the politics of a presidential system of government, the party leadership is ultimately loyal to the president. Tinubu may have realised this fact. Therefore, his naming of Oyegun as the cause of his problem is only a metaphor for President Buhari. Buhari is fully aware of the vulnerability of Tinubu and his politically exposed flanks. Buhari is aware of the fact Tinubu’s political successes outside Lagos State was achieved not by mass following, but with strategic partnership with powerful politicians… These are men of power and influence in their own rights whom Buhari can easily forge alliance with outside Tinubu. What is happening in the APC is only a repeat of what happened in the PDP. The political astuteness of retired military men in politics, especially those who belong to the first, second and third generations of British trained army officers, who also had the privilege of ruling this country as military heads of state, have often been under-estimated by their civilian counterparts to their detriment. Their basic military training imbibes in them a messianic complex which makes them feel superior both in motives and actions in all their activities. Nobody leads them except one of their own. The art and science of coup plotting, which propelled them to power, requires more strategic planning and precise execution than a democratic election. They are masters of intrigue and power play. Former President Olusegun Obasanjo completely supplanted the so called founding fathers of PDP and dominated the politics of the former ruling party. Muhammudu Buhari, the politician, commonly mistaken for a statesman, is the real opponent and rival of Tinubu and not, Saraki or Oyegun or any other individual. Buhari is fully aware of the vulnerability of Tinubu and his politically exposed flanks. Buhari is aware of the fact Tinubu’s political successes outside Lagos State was achieved not by mass following, but with strategic partnership with powerful politicians in the South-West and beyond (Amosun in Ogun, Ajimobi in Oyo, Oshiomhole in Edo) etc. These are men of power and influence in their own rights whom Buhari can easily forge alliance with outside Tinubu. The fact that Buhari narrowly won Lagos State (with less than two hundred thousand votes) and the PDP clinching six out of twenty seats in the House of Representatives clearly showed that the Jagaban is not politically invincible after all. Muhammadu Buhari is one of Nigeria’s most successful politicians. He is the master of the game of minds which is very important in politics, because perception is all that matters. In the build up to the 2015 general elections, Buhari was able to forge alliances with a broad spectrum of diverse political interest groups which included the good, the bad and the ugly. He cuts the image of an apolitical figure that was out to help salvage a country drifting apart. He disguised his considerable personal resources (five houses and a home in Abuja) and came across as a poor man. He cleverly hid the luxurious lifestyle of members of his nuclear family with a Spartan outlook. While maintaining an anti-corruption posture, he successfully covered up his extreme sectional tendencies, which in fact is at the root of corruption. This largely explains the contradictions in the personality of Buhari and the double standards that characterises the actions and policies of his administration. The result of this very successful maneuvering was a massive moral and financial support from the Nigerian people; men and women, poor and rich, Christian and Muslim, old and young, across party divides. He is set to supplant Tinubu’s dominance in the party and like Obasanjo in PDP, he will succeed in APC. Tinubu is the honorary leader of APC but Buhari is the real leader and Oyegun and every other person know this. What will be the result of this power tussle within the APC? The same result of the power tussle within the former ruling party – implosion and disintegration. The only difference is that, while it took PDP sixteen years to implode and loose power at the centre, it will take a shorter time, possibly after just four years, for the APC to lose power at the centre. Whereas, Obasanjo of the PDP was helped a great deal in his political domination by his impressive performance in government, Buhari will be hampered by his less than average and lack-lustre performance. http://opinion.premiumtimesng.com/2016/10/06/175203/
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In this regime...
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This is really interesting |
With just a few post and this is already on FP ....na wa |
The Edo State Commissioner of Police, Finihan Adeoye, has been axed from his position, Pulse can report.http://pulse.ng/politics/edo-elections-police-commissioner-sacked-for-holding-secret-meeting-with-the-igbinedions-id5516437.html?utm_medium=email&utm_campaign=daily-2016-09-22&utm_source=newsletter
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UNIMPOSSICANT |
APC...
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APC ...
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The Federal Civil Service Commission (FCSC) has dissociated itself from the on-going recruitment purportedly being undertaken by it, describing it as a fake Recruitment Advertisement and Recruitment Exercise. Read more at: http://www.vanguardngr.com/2016/08/fcsc-denies-current-recruitment-exercise/ |
Where is the promised change
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This is the real reason
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Hmmm
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When it comes to change please beware !!!
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Have you blamed Jonathan today? |
Isorite
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