Tag: Foreign

  • Foreign policy in the service of domestic agenda

    Diplomacy as an art of inter-state relations started in medieval Europe when younger members of the royalty who did not have an appetite for soldiering found a calling in diplomacy  by representing the various crowned heads of European countries in each other’s courts. Since then, recruitment into the diplomatic corps has gone beyond royalty but the tradition of its roots still prevail in the ceremonies surrounding diplomatic posting, reception, departure and even the way diplomatic expressions and communication are couched. This is why up till today, ambassadors and high commissioners are addressed as excellencies as if they were heads of government.

    Technically speaking, heads of diplomatic missions represent not their countries but their heads of state. In other words foreign policy is the preserve of the heads of state. Foreign ministers, ambassadors and others serve as aids to the heads of state in the formulation and execution of a country’s foreign policy. Because of this personal nature of a country’s foreign policy, the head of state can manipulate a country’s foreign policy to suit particular interests sometimes not absolutely related to his country’s interest. This scenario is however rare. When there are problems at home, a country’s President or Prime Minister can divert domestic attention abroad and when such policies abroad are successful, it would bring glory to the country and pressure on government would be reduced.

    During the restoration of the Bourbon dynasty in France after the regicide of the French Revolution and the defeat of Napoleon Bonaparte,  the shaky  Bourbon regime employed the search for glory abroad to divert French  attention from the failure and inadequacy of the regime at home by embarking on an African empire in Algeria. This policy associated with the France’s foreign minister, Prince Auguste Jules de Polignac only succeeded to a point before the reality of the failure of domestic policy led to the undoing of the regime and its eventual removal thus ending a regime that had lasted for hundreds of years. This failure of the French experiment has however not decoupled foreign policy from its use to serve domestic politics. This tendency became apparent during the period of Britain’s paramountcy in the world during the 19th century. The use of foreign policy especially what has gone down into history as gun boat diplomacy was particularly effective when the British shelled some Greek ports over a minor incident but blew up the incident to celebrate British power. The mid nineteenth century which was the age of European jingoism and imperialism was captured by the British Prime Minister Sir John Palmerston’s statement following the abuse of one Don Pacifico, a Portuguese of British nationality in   Greece in 1850.  He said “just like the Romans of old could say civis Romanus sum and expect the might of the Roman army to protect him, so should a Briton be able to say civis   Britanicus  sum and expect the long arm of the British navy to protect him”. Another example from England was when the Jewish prime minister of Great Britain Benjamin Disraeli declared queen Victoria Empress of India in 1877 in a move to pander to the vanity of the British people so that they could forget or ignore growing social problems and inequality in the country . All these preambles are done to give the idea that using foreign policy to serve domestic ends has a long history behind it .

    In recent times of the American century, every new American president has always found foreign intervention or foray into other peoples’ countries to be useful in announcing that a new sheriff is in town. From Truman to Trump, one can mention a few incidents of American demonstration of power and will in foreign policy. From the Korean War of 1953 when  Harry Truman intervened to stop the communist take-over of the Korean Peninsula, to   Dwight  David  Eisenhower’s interventions in  Iran, Guatemala and other South American countries under the so-called  policy of containment of communism. Kennedy’s policy of alliance for progress led to meddling in many South American countries with eventual unsuccessful Bay of Pigs invasion of Cuba and the mission creep in Vietnam, Lyndon Johnson’s full scale war in Vietnam and Richard Nixon’s extension of the Vietnam war to Laos and Cambodia. Even the apparently pacific natured Jimmy Carter had his debacle in Iran while Ronald Reagan had his hands full by bombing Libya, driving out of power of Noriega in Panama, invasion of the Caribbean island of Grenada. Bush senior drove out the Iraqis out of Kuwait while Clinton went after Al Qaeda by bombing Sudan and getting rid of the Serbian dictator   Miloshevic while the younger Bush fought full scale wars in Iraq and Afghanistan and changing regimes at will.

    Obama while not starting his own wars expanded  the Bush wars before winding them down in Iraq and Afghanistan while the new Donald Trump regime felt compelled to flex his muscles by unleashing cruise missiles on Syria to demonstrate what he calls a strategy of peace through strength. The Trump administration facing all kinds of probes at home in connection with his presidential campaign’s alleged collusion with Russia may constantly have to call on foreign policy to salvage his regime at home.  Russia since the disintegration of the Soviet Union has felt compelled to defend what their leaders call “Russia abroad” meaning defending the millions of Russians in the remaining 14 republics into which the Soviet Union broke into. Its dismembering of Georgia and annexation of Crimea from Ukraine were actions taken to assuage Russian nationalist feelings following the loss of its empire and to cover increasing economic problems at home. His Syrian involvement is to demonstrate nationalistic feeling of Russia still remaining a global player in world politics. The point being made here is that when a country is faced with challenges at home and decides to embark on some foreign activities abroad, its people would normally rally round the leader. The caveat is that such an adventure must be brief and successful. If it is too long, people will become disaffected and wearied. This practice of foreign relations being called to assist a government at home is not limited to big powers alone; even countries in the global power peripheries also indulge in it. The examples of Turkey fighting the Greeks over Cyprus or India fighting Pakistan over Kashmir or Ethiopia intervening in Somalia come to mind. In these days when soccer in particular has replaced military competition, people become patriotic supporters of their teams and indeed El Salvador fought a brief war over soccer with neighbouring Honduras!

    Somebody recently asked me why Nigeria has suddenly become mute in international affairs. We have our problem of confronting our own local variant of international terrorism in Boko Haram. Nigeria used to help stabilize other African countries from Tanzania in the 1960s to assisting the liberation of Southern Africa and helping in extirpating the racist and odious regime of apartheid in South Africa in the 1980s and 1990s. Our country was also the arrow head of ECOMOG that by and large, helped to pacify the terribly distressed countries of Liberia, Sierra Leone and recently Guinea-Bissau and even Ivory Coast.  Nigeria sent troops to an international coalition to confront Al Qaeda in the Saharan nation of Mali. Recently, Nigeria provided leadership in forcing out the sit-tight Alhaji Yahyah  Yahmeh from his stranglehold on The Gambia. We have not tried to use these events to unify our people at home and to score political goals. Perhaps the largely successful Nigeria-led decolonization of Southern Africa leaves not much dramatic victories to be won. Our challenge is now economic development which rather than being dramatic can only be incremental  and sometimes imperceptible changes. Furthermore, the medical challenge facing our president presents a formidable challenge to activism abroad. This is because the presence of the president in inter-state relations can be most important and decisive. In spite of this challenge, the president has visited most countries in West Africa and also the critical countries of Niger, the Cameroon and Chad with which Nigeria is involved in the fight against Boko Haram.  It seems to me that Nigeria needs to emphasize more the international dimension of the Boko Haram conflict and therefore seek more international support and make more noise about fighting  on behalf of the international community because if Boko Haram is successful, it will have widespread ramifications in west and central Africa.

  • Moody: Nigeria ‘ll ‘easily’ get $3.5b foreign loan

    Nigeria will easily achieve its target of $3.5 billion foreign borrowing  this year as improved oil output helps the economy to recover from last year’s contraction, the first since 1991, Moody’s Investors Service has said.

    Its Vice President and Senior Analytical Adviser for Africa, Aurelien Mali, said: “The international financial institutions are ready to support Nigeria. As long as its project-based lending, the funding will be available from lenders such as the African Development Bank (AfDB), and the budget support from the World Bank will come on top of that.”

    The government has been negotiating $1.25 billion in budget support from the World Bank and expects to get the remaining $400 million of a $1 billion credit facility from theAfDB, Mali said. It can raise the rest from bilateral and multilateral partners and also from lenders through commercial loans and or even a sukuk bond, he added.

    Moody’s rates Nigeria’s debt at B1, four levels below investment grade. Last month, S&P Global Ratings kept its assessment of the nation’s credit at one step lower than Moody’s.

    The nation will probably raise debt through more Eurobond sales this year, the International Monetary Fund (IMF) said. This is in addition $500 million placed last month as part of the 2016 budget and $1 billion raised in February.

  • ‘Why foreign investors shun Nigeria’

    Foreign investors are wary of doing business in Nigeria because the country is perceived as not investor friendly.

    Speaking with reporters yesterday in Abuja,  a foreign investment broker and Managing Director/ Chief Executive Officer of Footprint to Africa, Osita Oparaugo, said investors are put off by how difficult it is to do business in the country and the painful fact that both private and public entities in the country have no scruples discarding an agreement reached with foreign investors if they discover that the initial agreement was not in their favour.

    To address this problem, Oparaugo commended the  administration for initiating the Presidential Council on Ease of Doing Business which he described as as “good.”

    Oparaugo warned: “We must learn to stick to terms of Memoranda of Understandings (MoUs); institutionalise continuity in government policies, projects and programmes even when there is a different party or government in power.”

  • Govt woos foreign investors under fuel import model

    To boost fuel supply, the Federal Government is wooing foreigners to invest in its refineries under the Direct Sale and Direct Purchase (DSDP) Import model.

    The Nigerian National Petroleum Corporation (NNPC) introduced the DSDP in its dertermination to ensure uninterupted fuel supply.

    Under the arrangement, it will allocate crude tos elcet foreign refineries in exchange for fuel.

    In the past, the government adopted the conventional crude for products (known as swap), to bring fuel into the country. Under it, notable world oil marketing firms, such as Transfigura, and Vitol, were given crude in exchange for fuel.

    NNPC’s spokesman Ndu Ughamadu, told The Nation on phone that bringing in foreign  firms was in tandem with the government’s policy to grow the economy.

    Ughamadu said: “If, in the long run, crude oil refiners from developed economies, which would operate under the Direct Sale and Direct Purchase import model, wish to invest in Nigeria, they are welcomed. The more investors invest in refineries in Nigeria, the better for the country.”

    He said the government had been calling for more local and foreign investments, to promote growth.

    “Earlier, the Minister of State for Petroleum Resources, Dr Emmanuel Kachikwu, travelled to India to invite investors into the country to encourage the growth of the sector and the economy. The Direct Sale and Direct Purchase import is in the right direction as it is capable of improving the growth of the industry,” he added.

    He said besides Transfigura, there were other firms refining crude oil for Nigeria.

    International Institute of Energy and Law Vice President, Prof Wunmi Iledare, said the Direct Sale and Direct Purchase import model is a temporary measure to ease fuel supply.

    He said the government’s ultimate goal was to bring in foreign investors that would invest in the refineries. He said the long-term plan, which the government has for the sector, was to bring in foreign investors to invest in refineries.

    The government, Iledare said, was not ready to tamper with the plans in view of the strategic importance of the sector to the economy.

    Iledare said: “For me, the DSDP model will be a temporary initiative when one considers the fact that the Federal Government has been looking for ways to end the lingering fuel crisis and related problems with products supply and distribution. The model is a stop-gap measure introduced by NNPC to address the problems in the downstream sub-sector of the petroleum industry.”

    Iledare, also President, International Association of Energy Economist (IAEE), said DSDP import model was better than swapping because it would pave way for more refineries to emerge.

    He said the government could bring foreign investors, since it was unable to fix its own refineries, adding that Nigeria has no reason to import fuel being one of the largest energy entrepreneurs in the continent.

  • Calabar Carnival: Foreign bands show stuff again

    Calabar Carnival: Foreign bands show stuff again

    •As Ita Giwa’s troupe gets home lead

    The streets of Calabar, Cross River, provided yet another beautiful spectacle as richly-costumed girls led each group, accompanied by music-bearing trucks and acrobatic dancers who thrilled the sea of revellers on holidays.

    This was just as masquerades, music and movie celebrities, notable disc-jockeys and exquisite floats offered side attractions.

    In what could be described as a bigger and better funfair, this year’s edition of the annual Calabar Carnival delivered on the promises of the state governor, Prof. Ben Ayade, who shortly after the previous edition in 2015, proposed a repeat of Climate Change as the theme for the next event which eventually took place last yuletide season.

    It was the second year running that Ayade was producing the Carnival as the helmsman of the State, and also the second time that his inclusion of international troupes in the show held sway, delivering the theme through the creative ingenuity of colourfully costumed dancers, drummers, acrobats and their likes.

    Touted as Africa’s biggest street party, last December’s show received a boost with 13 participating countries as against 10 that took part in the competition in 2015. This was in addition to the Nigerian troupe represented by Seagull Band, which defeated Freedom Band, Bayside Band, Passion4 Band and Master Blasta Band in the local arm of the competition.

    The visiting troupes included Vai Vai Samba of Brazil, winner of the competition and Ghana and Rwanda, the first and second runners up respectively.

    With elegant, tall and beautiful dancers, the much-anticipated Brazil band was once again daring in skimpy eye-prying costumes, albeit energetic and creative with their samba performance.

    Other participating countries were Flamingo of Spain, Drumming Wonders of Burundi, Acrobats from Kenya, South Africa, South Korea, Croatia, Ukraine, Turkey, Ethiopia, Zimbabwe and Nigeria, represented by Passion-4, this year’s winner of the Carnival Calabar competition.

    The carnival also featured musical performances by top Nigerian artistes including Tubaba, Davido, Kiss Daniel and MC Galaxy.

    According to Ayade, it was necessary to repeat the theme of the carnival because more and more countries in the world continue to show concern for the environment, recalling that the World Bank had set aside $100 billion to support Africa’s afforestation and climate change drive, while United Nations (UN) had also set aside $100 billion annually to support climate change in Third World countries.

    He added that several side attractions were added to the carnival because his government realised the role that tourism could play in the growth of the state and the country in general.

    The Carnival also featured the Bikers’ Parade with over 1000 power bikers drawn from different parts of the world.

    In a 12-kilometre ride, the bikers, led by the state governor, performed different stunts to the admiration of the ecstatic crowd who awed at the skills of the extreme riders.

    “Carnival Calabar is the melting pot of African hospitality where warmth and ecstatic embrace is the order of the day,” said Ayade.

    “This carnival represents the true mentality, unity and harmony of Africa. That, indeed, as we have started today, it is the beginning of a new dawn of unity in African.”

  • Foreign reserves drop by 11.7% to $25.72b

    Foreign reserves drop by 11.7% to $25.72b

    Foreign exchange reserves fell 11.7 per cent to $25.72 billion by December 28, from $29.13 billion a year earlier, Central Bank of Nigeria (CBN) data showed on Friday.

    However, the reserves showed a 4.2 per cent increase month-on-month, up from $24.69 billion on November 28 – due to a slight recovery in global oil prices and a rise in the OPEC member’s oil production levels.

    Nigeria’s oil production rose to 1.70 million barrels per day (mbpd) in November, up from 1.65 mbpd the previous month, which lifted the forex reserves.

    The foreign exchange reserves fell to $25.78 billion as of August 16, representing 2.11 per cent plunge from a month ago. The reserves position is expected to provide about five months import cover for the country.

    Previous data on the reserves showed that they increased marginally by $40 million in March on a 30-day moving average basis to $27.9 billion and have continued to record marginal decline till current position.

    The reserves were also at $28.33 billion at end-June 2015, compared with $34.24 billion at end-December 2014, representing a decrease of 17.3 per cent decline.

    The fall in reserves was due to the sharp decline in foreign exchange inflow from in the economy due to continuous decline in prices of crude oil in the international markets.

    Meanwhile, the naira is set to witness another round of decline against the dollar in the days ahead as an increase in dollar flows from Nigerians living abroad coming home for holidays fell short of expectations, traders said.

    The local currency was quoted at 490 to the dollar on Thursday from 495 against the dollar last week on the parallel market.

    In the official interbank window, the naira was quoted at 310.25 to the dollar on Thursday, but it was expected to close at around 305.5, the same level it has traded at since August.

    “We see the naira depreciating against the dollar by the time more businesses resume operations next week after the festive season as dollar liquidity remains thin in the market,” one currency dealer said.

  • Ebonyi and foreign rice ban

    Apparently buoyed by emerging support for its ban on the sale and consumption of foreign rice, the Ebonyi State government has to set up a task force to ensure full compliance.

    Minister of Agriculture and Rural Development, Audu Ogbeh had commended the state government for the decision to ban the sale and consumption of foreign rice during his assessment tour of some rice projects in the state. Ogbeh who was accompanied by the chairman, Presidential Committee on Rice Production, Abubakar Bagudu and CBN Governor, Godwin Emefiele commended Governor Dave Umahi for ensuring massive rice production in the state. He said “I heard you banned the sale of foreign rice in your state, God bless you for it”.

    Chairman of the Senate Committee on Agriculture, Abdullahi Adamu had in a different forum, endorsed the ban thus: “I support the ban on sale of foreign rice in Ebonyi. We have to start somewhere. What we know is that local production is not enough but we should consume it and that is not an excuse for importing rice”.

    Umahi directed the taskforce to “confiscate foreign rice found in our markets, the person should give us the certificate of the quality of the rice and has to provide the import duties paid for it, where he bought it from and give us Standard of Organization of Nigeria certificate to prove that the rice is not poisonous”. He sought to justify these measures on the grounds that some foreign rice were poisonous having been stored for over 20 years abroad before they were smuggled into the country.

    On the face value, it would seem all is well with the decision of the Ebonyi State government to ban the sale and consumption of foreign rice. This is especially so as the seeming overall objective is to discourage the consumption of imported rice and boost the consumption and production of local variant. This thinking is further supported given that Ebonyi has great potentials for the production of local rice which is said to be of better nutritive value than the imported variety. There is also a lot of economy of scale that will follow if our people are made to consume the rice we produce. It will create jobs, enhance income per capita and catalyze a positive leap in the general well-being of our people. These benefits are not in doubt.

    There is also the compelling imperative to discourage the seeming insatiable appetite of our people for what is foreign. Thus, the inward looking approach for solutions to our developmental problems cannot be faulted.

    These may have been some of the considerations that compelled Umahi to ban the sale of foreign rice –a product the state has elastic capacity to produce. Through the ban, it is seeking to encourage the consumption of locally produced rice which will in turn lead to increased production, job creation and improvement in the general well-being of the people. Conceived along this line, the ban would seem a step worth its while.

    But its success would depend on a number of extenuating variables some of which are beyond the control of the state government. The first presumption of the policy is that Ebonyi has available, enough local rice to meet domestic demand. The veracity of this claim is clearly in doubt. For a start, it is doubtful if the state government has accurate statistics on the quantity of rice consumed in the state yearly. It is unlikely to have one since it has no way of monitoring the quantity of foreign rice that hitherto came into the state.

    Even if it is privy to the quantum of local rice produced in the state, the unavailability of reliable data on consumption could in effect, render the policy nugatory. There could be scarcity of the product which in turn, will lead to price increase. It is also doubtful Ebonyi can produce sufficient rice to feed its people when the commodity is sold and consumed beyond the shores of the state.

    If Umahi discovers that the rice produced in his state cannot go round as it is sold in other states, will he then turn around and ban its sale outside the boundaries of the state? This poser is at the heart of the contradiction brought to the fore by the sole action of that state in banning the sale of foreign rice contrary to extant policy of the federal government. The same contradictions were at play when Umahi directed the taskforce to extract from foreign rice sellers such information as certificate of quality, duties paid on the commodity and certificate from SON that the rice is not poisonous.

    These issues are beyond the mandate of the state government as we have a surfeit of regulatory agencies for such assignments. Moreover, Ebonyi State is a land locked state. It neither has a seaport or airport nor does it share borders with any foreign country. What then is the propriety in going into the markets to inundate retailers with all these details that ordinarily should be supplied by importers at the ports of entry? Why hold the poor retailers responsible for issues they know little or nothing about?

    How many of our rice importers have their head offices in Ebonyi and how many of them are from that state if any? These posers have been raised to underscore the incongruity in some of the demands the task force has been assigned to confront foreign rice seller with. They also reinforce the problems we run into when we roll out an isolated policy that ignores extant position of the federal government on the matter.

    Ebonyi State went beyond its mandate to have unilaterally banned the sale and consumption of foreign rice in the state. The action is loaded with more problems than whatever benefits it is bound to achieve.  Apart from the fact that it cannot guarantee sufficient supply of local rice, it will amount to an undue harassment of foreign rice sellers, most of whom are middlemen and retailers.

    For such a ban to have meaning, the initiative should come from the federal government. But it cannot do so because of the mismatch between domestic production and consumption. Besides, Nigeria is signatory to many treaties on trade liberalization that frown at trade restrictions or outright ban on the importation of commodities. So where does the Ebonyi case fit within this matrix and of what value will it be in the overall national calculations to increase the consumption and production of local rice?

    The federal government said it has initiated measures in several fronts to boost domestic rice production. These should be pursued with greater vigour. Audu Ogbeh has promised government’s rehabilitation of the Ettem Amagu Ikwo Dam, supply of rice harvesters, threshers and parboiling drums to the state. These are the issues to be vigorously pursued by the Ebonyi State government to ensure it gets its fair share of them.

    The overall objective now should be to substantially increase domestic production of rice that can fairly compete with the imported ones. Once this has been achieved, the lure of force as a veritable tool to secure local consumption compliance will fizzle out unilaterally. Then, Ebonyi will have no need for a task force that will confiscate imported rice within its shores.

    More importantly, with the phenomenal high price of imported rice, the availability of cheaper local variant should be a soothing relief to the people of the state. By simple economic laws, this will result in a shift of patronage to the cheaper alternative. If we still depend on force to get our people to consume our local rice despite its cheaper price, it should instruct we are yet to get our acts right.

    These are the issue to worry about. The right approach is to get more rice produced, refined in such a way that will command local patronage. Then, there would be no need to worry about foreign rice influx and use of taskforces to harass sellers of the commodity. For now, the approach of the Ebonyi State government to the matter is a verity of putting the cart before the horse; an exercise in shadow chasing.

  • Dangote buys $12b foreign gas firm

    Dangote buys $12b foreign gas firm

    Dangote Industries Limited (DIL) has bought Twister B.V., a company headquartered in the Netherlands delivering reliable, high-yield and robust solutions in natural gas processing and separation to the upstream and midstream oil and gas sectors.

    Twister’s unique separation capabilities are designed for augmenting production and streamlining processes, to capitalise on high-yield gas processing for maximising revenues.

    Based on sophisticated patented technology, Twister gas plants are cheaper to build and operate compared to alternative technologies, and deliver better performance. The company has customers in Nigeria, Malaysia, and South America.

    The acquisition complements DIL’s portfolio of investments in the upstream, midstream, and downstream segments of the sector. The company will help design and build the gas plants, which will be critical in processing gas from oil fields for transportation via Dangote’s planned sub-sea pipeline (EWOGGS) for ultimate consumption by industries and power plants.

    Aliko Dangote, president & chief executive officer of Dangote Industries Limited said: “This is an important acquisition for us. Twister’s cutting edge gas processing technology is fundamental to delivering our strategy to unlock about 3 bcfd of gas to meet Nigeria’s gas needs.”

    Twister’s Chief Executive Officer  John Young said:  “We are delighted in the confidence DIL and First E&P have shown in Twister…  After a thorough due diligence our technology has been recognised as a key enabler to reduce gas project costs, which is crucial in this environment. We are excited to be part of the Dangote family of companies.”

  • ‘Foreign reserves dip to $24.74b’

    ‘Foreign reserves dip to $24.74b’

    The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, has said Nigeria’s foreign reserves dropped from $26.51 billion in the second quarter of 2016 to $24.74 billion in September.

    Udoma said this in Abuja on the sideline of the 57th yearly conference of Nigeria Economic Society (NES) with the theme: “The developmental state and diversification of the Nigerian economy.’’

    He said Nigeria had revenue and foreign currency problems, adding that diversification was the only solution.

    The minister said due to the four strategic pipeline terminals that were blown up, Nigeria had been unable to achieve its 2016 budget production target of 2.2 million barrels daily.

    Udoma said in August, the country was barely able to produce 1.1 million barrels.

    “Last week, production level rose to 1.7 million barrels, which is still a far cry from the country’s target of 2.2 million barrels.

    “We are taking a number of immediate measures to raise revenues to strategically spend our way out of recession. “We are taking measures to address the disruption in the Niger Delta to restore production,” he said.

    Part of the measures, according to him, was fast-tracking efforts to raise foreign currency loans that have been projected in the 2016 budget from the Africa Development Bank (AfDB), World Bank, and Chinese Exim Bank as well as Euro Bond issue.

    “We are happy to note that the president of AfDB has announced that we should expect, among other facilities, a budget support of $1 billion next month,’’ Udoma said.

  • Foreign investment and future of Nigeria

    Since the beginning of the Third Republic and return to democracy in 1999, our elected leaders spend more time travelling to Europe, the West, America and Asia looking and shopping for foreign investors.  When they return from such foreign trips, their intellectual wing in the academia and political jobbers take to the airwaves popping champagne that MOUs are being prepared for foreign direct investment in all areas of our economy. Whenever we have challenges with our economy, we start looking for foreigners; if it is a security problem, we expect that it can only be solved by foreigners. We are still struggling with the problem of feeding our population and beg foreign donors and agencies to come to our aid with all God and nature have endowed us with.

    We have refused to stand up for our country and we do not have faith that we can do anything for ourselves and yet we feel bad when they treat our citizens abroad like sub humans.   Our leaders make us to look inferior before the donor agencies and foreigners who unknown to them are not benevolent benefactors because every such  aids or assistance are tied to demands that are alien to our culture and belief system. These foreign nations with stable political and economic system that we run to at every twist and turn developed their countries through the patriotic efforts of their citizens making great sacrifices.  There is no quick fix and shortcuts for nations to get to the rank of the first world and be a developed country; if you have to get gold, you have to dig deep; it is not found on the surface.

    Before industrialization in Europe and the New World, as America was then referred to, the imperialists came to Africa and carried our fathers into slavery to work in their mines and farms to feed their growing population.  The Europeans only see slavery as evil after they had used African labour to build their factories and became industrialized.   The imperialists remained in most of the African countries to ensure a steady supply of raw materials for their industries using their trading companies as administrators.  They established schools that would provide them with administrators to harness their investment and again when they were done, they closed shop and our school system has not departed from that path of producing administrators and services.  No country survives on the trade-off of its economy to the superior technology of another sovereign nation.  The foreign investors are traders with mercantile mentality for profit maximization and at the close of business; he repatriates his profit to his home country leaving us with the short end of the stick.

    History has taught us that we do not learn from history that is why we are repeating the mistake of yesterday in the 21st Century.  In the 1970s and 80s companies like UAC and PZ controlled the nerve-centre of our economy which of course has never been a producing economy just as it is today, extracting the raw materials to the imperialists metropolis and returning to sell the finished product at a prohibitive cost to us.  During the same period, the Asians controlled the textile industries from Kano, Kaduna to Lagos using our people as slave labours like the caste system in India allowing them barely a survival wage.  During the economic recession in the 1980s the companies’ closed shops and the Asians went home with their profit leaving the factories like the empty shells of a canon, useless.

    America, the West, and Europe have reached the apogee of their civilization today including the Asian countries and are looking for territories and market to rehabilitate their population which they know that in no distant future they would not be able to cater for.   The solution to them was quick in coming and they sold to the world the concept of globalization.  The concept looked attractive to nations of Africa where people do not like to challenge their mental capacity to develop beyond subsistence agriculture.   We refuse to interrogate whether we have anything that we are bringing to the table when the world is reduced to a global village in the process of globalization.

    Europe and America have since conquered nature with superior technology and are today getting fuel from the rock through the technology of fracking as their resources are nearing exhaustion.  They are today in space prospecting for opportunity of life and relocating and leaving to us the famished earth.

    Africa has remained a virgin land and its people and population are unable to harness the abundant natural and human resources for the benefit of her people.  We are busy perpetually fighting one another over mundane things and religion; things that do not unite our people, promote our secularism and develop our economy.  Our leaders cannot think out of the box and we are welcoming with open arms and drums, the handover of our rich arable land to foreigners that were driven away from other climes.  When we invite foreigners with advanced technology to take over our economy, we are only denying our unemployed youths the much needed job and mortgaging the future of our children and posterity will judge us harshly.  Our leaders would rather prefer to behave like rampaging band of gorillas wasting everything along their way, looting our common patrimony to develop foreign land.

    Now is the time for our government to be circumspect and think through their policies once again.  Foreigners cannot solve our political problems; they cannot solve our economic problems and can never solve our security problem because they have no stake in Nigeria.  We have made mockery of ourselves enough; let us stand up to the challenges of our country.  It is mental indolence to think that the solutions to our problems lie in foreign investors whether it is in agriculture, science and technology, politics, economic or security.  Besides Europe and America, countries in Asia closed their borders when they faced the challenges of development and today, India, Pakistan, China, the  two Koreas, North and South, Singapore are all technologically advanced countries due to the patriotic zeal of their leaders.  But today, Indians and Chinese are not only enslaving our people in their companies, our leaders are going cap in hand to them to come and take over the running of our economy for immediate gains and not for the long term benefits because there is none.

    Our youths have to rise up now and engage the political class to reclaim what belongs to us as a nation.  We must challenge the rapacious and voracious appetite of our leaders for exotic food which all of us are beginning to develop the palate for. The war against corruption must be fought and won and it must be holistic; there should be no Jew or Gentile in the prosecution of the war.  We should hold our leaders to account; budget padding is corruption and no linguistic semantics can cure it. We should interrogate the validity of foreign investment; it is tantamount to mortgaging our future. We should interrogate activities of the National Assembly and the viability and wisdom of bicameral legislature; it is fast becoming a drain pipe of waste.  Our leaders should come back home and look inward.  We say no to foreign investment and no to mortgaging the future of generations yet unborn.

     

    • KebonkwuEsq, writes from Abuja.