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...For a better society... mast head

Monday, October 04 2004

Vol 17 No.30

News

Editorial

Opinion

Labour

Politics

Sports

Features

Columnists

Business

  • Money/Market

  • Energy

  • Alaba Market

  • Foreign News


    New Page 4

    Anniversary celebration with tears

    chuma ifedi

    Nigerians woke up a few days ago to find that the price of fuel has again escalated under the cover of deregulation. That event is probably the anniversary bonanza for the embattled Nigerian citizens as we celebrate the 44th national day. Our president has in his wisdom often inflicted one obnoxious policy or another every time 1st October is around the corner. We are generally apprehensive of what direction President Olusegun Obasanjo is taking this country as our circumstances deteriorates with each passing anniversary. The president promises better years ahead but the situation grows from bad to worse. Perhaps, the National Association of Nigerian Students (NANS) actually reflected the true position when its president said that President Obasanjo has been following the path prescribed by imperialism at the expense of the suffering masses. It is an open secret that the federal government has literally been kidnapped by the World Bank and the International Monetary Fund (IMF).

    Professor Charles Soludo, Governor of the Central Bank of Nigeria (CBN), and Dr (Mrs) Ngozi Okonjo-Iweala, Finance minister provide variable channels for realising the damaging effects of imperialism on the Nigeria’s economy. Ironically, recent heads of state have found the Igbo race as willing tools for the decimation of the country. President Obasanjo is following in the footsteps of Ibrahim Babangida and Sani Abacha in exploiting Igbo executives to achieve detrimental objectives inimical to the nation.

    In his first independence anniversary speech on 1st October 1999, President Obasanjo stated: "We take the values of justice, equity, fairness, accountability and transparency as fundamental tenets of our creed because I believe it is the surest way we can build the country and the community of our dreams". On the same occasion, he also affirmed: "Alleviating the poverty and suffering of our people is the fundamental objective of our administration. It is the single principle that underlies everything we have done and will do".

    Nigerian youths expressed jubilation when on 1st October 2000 the president in his anniversary speech titled "Let us keep hope alive, said: "We are currently in the process of formulating a Youth Policy which I believe will provide a suitable formula for looking after the youth of this country." The usual 1st October promise was again repeated in 2003 when the president asserted:" "We intend to pursue the various strands of agricultural policies to the level of food security when we can begin to claim that the average Nigerian is eating enough of balanced diet from food that is available and affordable. The ongoing privatization should advance considerably and government would be able to concentrate on the assignment of providing an enabling environment for optimal productivity in manufacturing. We note with appreciation that our efforts to encourage small and medium scale industries has so far attracted substantial amount of funds from commercial banks. We will press ahead with our plan to make this sector of the industry a vital segment for jobs and income for a large number of Nigerians".

    The so-called Thanksgiving and Democracy Day on 29th May 2004 provided another opportunity for the president to raise our hopes. He affirmed: "Democracy is at the heart of it all people: their welfare, well being, challenges problems and of course solutions". He added: "The security and happiness of all is the goal of our society. We must build a nation and communities that care and share. We must continue to look up and hold our shoulders and heads high. We are sure to reach our goal".

     Nigerians are getting tired of presidential platitudes which have been prolific in recent times. None of the abundant promises made by President Obasanjo has been fulfilled. Poverty alleviation has turned out to be a mere political gimmick. The poverty level in Nigeria increased from 27 per cent in 1980 to 66 per cent in 1996 and to 70 per cent in 2002, according to the United Nations Development Programme. Nigeria is the third worst developed world oil-exporting economy with low human development index. In the last twenty five years Nigeria has realized over $300 billion (40.5 trillion) from oil rents and royalties by multi national oil operations. Whereas N88 exchanged for one United States of America dollar on May 1999, today N142 is exchanged for one dollar, a clear manifestation that the naira is fast being devaluated. While China has lifted some 400,000 people out of poverty in the past twenty years, Nigeria has unwittingly pushed 71 million people further down the poverty line. This declaration was recently made by the South African Institute of International Affairs. President Obasanjo has contributed to the worsening poverty of Nigeria by his negative, regressive and deflationary policies by which pensioners are not paid and domestic contractors are denied their fees. Retirees of the Nigerian Railway Corporation have not been paid for 28 months.

    Nigerians are not aware of any progressive youth policy since 1999. What we see is aggravated youth joblessness leading to an unprecedented crime rate. The earlier the purported national youth policy is evolved, the better. There is no pragmatic food security initiative in the face of the slow pace of farm mechanisation and non-adoption of accelerated food production schemes. The agricultural sector has been dormant in recent times.

    Few citizens can even identify the current national agricultural policy or name who the Minister of Agriculture is. Privatisation has gone haywire with transferring national assets to foreigners the Nigeria Airways to the British Virgin Airlines and the refineries to the Chinese oil industry. Small and medium scale enterprises collapse due to severe neglect and financial starvation by the banks and other financial institutions. On public welfare, President Obasanjo should really not talk about it because from all indications he actually gives no consideration to the well being of the citizenry.

    The National Economic Empowerment and Development Strategy (NEEDS) concedes very little attention to public welfare just like the much orchestrated economic reforms.

    As we celebrate another independence anniversary, we must be introspective and critically re-examine our circumstances.

    Where have we gone wrong? What can we do to improve the quality of lives of the embattled citizenry? The president needs to change his style of governance and map out new priorities. His present management approach is patently sadistic. Dr. Alex Ekwueme was apparent right when he averred: "The whole instability we are going through is due to the style of the leader of government, the president. His style generates this instability". Public welfare should take the pride of place in democratic governance.

    Secondly, the issue of corruption must be tackled genuinely. The present ruling politicians are utterly corrupt. All the media campaigns on corruption are mere camouflage. The presidency has been declared the engine room of corruption in Nigeria. The president and governors must lead by example, not empty precepts.

    Thirdly, economic development should concentrate on the core areas of the real sector-agriculture and manufacturing and not cosmetic monetary and fiscal reforms. If indeed we are serious about achieving poverty alleviation, then youth employment, settlement of arrears of pension and domestic debts as well as massive funding of small-scale enterprises must be given prime attention.

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