Opinion
Collective Penalty For Private Crimes
When John Taylor, as the United States Under-Secretary for International Affairs, presented a report in 2004 titled ‘Grants and Sovereign Debt Restructuring’ to the U.S. Joint Economic Committee, a number of issues arose. One of such issues was the possibility of misapplication of foreign loans by developing countries, whereby future generations pay the penalty for such lapses. Taylor’s prescriptions included a ban on loans which, he said, can be misappropriated by those who manage such loans. Rather, grants tied to specific performance should replace loans, as a check on squandering of resources.
There is hardly any doubt that loans had been mismanaged and appropriated by those who managed them in the past. Nobody needs to be reminded that money, being such a good soldier, is the primary means used by the political class to recycle their kinds in government. This recycling mechanism is a security strategy intended to keep their secrets secret and perpetuate their class. There is an old legal maxim that laws are made by superiors for inferiors to obey. Consequently, the ‘superiors’ in the Nigerian society who make or mend the laws are rarely subject to the stings of the law or, at least, not in the same degree as the ‘inferior’ citizens. Superiors rarely commit class suicide.
The first step in the creation of a class or power structure is usually the accumulation of wealth, followed by keeping the ‘inferior’ ones in check through intimidation. Through this means of social engineering, predators, hawks and philistines soon emerge as members of the ruling and political class. There is more to a nation’s debt hang-over and management of loans than what the average citizens would know. Apart from the fact that there are loans that can hardly be accounted for properly, close to 50 per cent of such loans arose from dubious and fraudulent deals by individual Nigerians. Since international trade recognizes and survives on credit facilities, every nation serves as the guarantor for its entrepreneurs and organizations doing business with foreign countries.
Several Nigerian private entrepreneurs and organizations not only defaulted in the terms of trade agreements, but also dealt fraudulently. This is a brief genesis of a good part of Nigeria’s foreign debts. Prejudices which the international community have for Nigeria arose largely from defaults and frauds in trade agreements by Nigerian business entrepreneurs. It is a fact that foreigners also collaborated in these shady deals. The logic is that since Nigerians themselves want to destroy and undermine their country’s interest, then why not help them do so? Especially since such foreigners also benefit in such deal, the logic is that the nation can be allowed to bleed to death through foreign debts. Those involved in such deals are not the inferior citizens.
It is expected that those who have several ugly skeletons in their closets and foreign banks would stop at nothing to see that the table does not turn against them. One of the ways to do so is to stay on in power, be the sponsors and godfathers of those who get to power and then perpetuate this class of rulers through a recycling process. Consequently, electoral fraud becomes a part of the survival game in which ‘inferior’ citizens have no say or power. Thus, the ‘superiors’ who make the law must be protected by the law in spite of their private crimes.
What brings about the depletion of the nation’s foreign reserves? What do we have to show for the huge loans taken in the past and what brought about the non-performance or collapse of the projects for which such loans were taken? Who are those that have the clout and means to buy over privatized public assets that became too cumbersome to manage?
While we may boast that we are out of recession and debt traps, how much liabilities are we passing on to future generations? Over 20 years ago, a 70-year-old Mexican, disillusioned with his country’s leadership once said: ‘Anyone who thinks life will get better is a dreamer, because, every president here has been a liar and a thief, and this one is too’. He was not arrested for making that statement but he added that he wanted future generations to hear what he said when he was hungry and angry.
Dr. Amirize is a retired lecturer at the Rivers State University, Port Harcourt.
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Empowering Youth Through Agriculture
Quote:”While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries”.
The Governor of Rivers State, Sir Siminalayi Fubara, recently urged youths in the Rivers State to take advantage of the vast opportunities available to become employers of labour and contribute meaningfully to the growth and development of the State. Governor Fubara noted that global trends increasingly favour entrepreneurship and innovation, and said that youths in Rivers State must not be left behind in harnessing these opportunities. The Governor, represented by the Secretary to the State Government, Dr Benibo Anabraba, made this known while declaring open the 2026 Job Fair organised by the Rivers State Government in partnership with the Nigeria Employers’ Consultative Association (NECA) in Port Harcourt. The Governor acknowledged the responsibility of government to create jobs for its teeming youth population but noted that it is unrealistic to absorb all job seekers into the civil service.
“As a government, we recognise our duty to provide employment opportunities for our teeming youths. However, we also understand that not all youths can be accommodated within the civil service. This underscores the need to encourage entrepreneurship across diverse sectors and to partner with other stakeholders, including the youths themselves, so they can transition from being job seekers to employers of labour,” he said. It is necessary to State that Governor Fubara has not only stated the obvious but was committed to drive youth entrepreneurship towards their self-reliance and the economic development of the State It is not news that developed economies of the world are skilled driven economies. The private sector also remains the highest employer of labour in private sector driven or capitalist economy though it is also the responsibility of government to create job opportunities for the teeming unemployed youth population in Nigeria which has the highest youth unemployed population in the subSahara Africa.
The lack of job opportunities, caused partly by the Federal Government’s apathy to job creation, the lack of adequate supervision of job opportunities economic programmes, lack of employable skills by many youths in the country have conspired to heighten the attendant challenges of unemployment. The challenges which include, “Japa” syndrome (travelling abroad for greener pastures), that characterises the labour market and poses threat to the nation’s critical sector, especially the health and medical sector; astronomical increase in the crime rate and a loss of interest in education. While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries.
While commending the Rivers State Government led by the People First Governor, Sir Siminilayi Fubara for initiating “various training and capacity-building programmes in areas such as ICT and artificial intelligence, oil and gas, maritime, and the blue economy, among others”, it is note-worthy that the labour market is dynamic and shaped by industry-specific demands, technological advancements, management practices and other emerging factors. So another sector the Federal, State and Local Governments should encourage youths to explore and harness the abounding potentials, in my considered view, is Agriculture. Agriculture remains a veritable solution to hunger, inflation, and food Insecurity that ravages the country. No doubt, the Nigeria’s arable landmass is grossly under-utilised and under-exploited.
In recent times, Nigerians have voiced their concerns about the persistent challenges of hunger, inflation, and the general increase in prices of goods and commodities. These issues not only affect the livelihoods of individuals and families but also pose significant threats to food security and economic stability in the country. The United Nations estimated that more than 25 million people in Nigeria could face food insecurity this year—a 47% increase from the 17 million people already at risk of going hungry, mainly due to ongoing insecurity, protracted conflicts, and rising food prices. An estimated two million children under five are likely to be pushed into acute malnutrition. (Reliefweb ,2023). In response, Nigeria declared a state of emergency on food insecurity, recognizing the urgent need to tackle food shortages, stabilize rising prices, and protect farmers facing violence from armed groups. However, without addressing the insecurity challenges, farmers will continue to struggle to feed their families and boost food production.
In addition, parts of northwest and northeast Nigeria have experienced changes in rainfall patterns making less water available for crop production. These climate change events have resulted in droughts and land degradations; presenting challenges for local communities and leading to significant impact on food security. In light of these daunting challenges, it is imperative to address the intricate interplay between insecurity and agricultural productivity. Nigeria can work toward ensuring food security, reducing poverty, and fostering sustainable economic growth in its vital agricultural sector. In this article, I suggest solutions that could enhance agricultural production and ensure that every state scales its agricultural production to a level where it can cater to 60% of the population.
This is feasible and achievable if government at all levels are intentional driving the development of the agricultural sector which was the major economic mainstay of the Country before the crude oil was struck in commercial quantity and consequently became the nation’s monolithic revenue source. Government should revive the moribund Graduate Farmers Scheme and the Rivers State School-to-Land agricultural programmes to operate concurrently with other skills acquisition and development programmes. There should be a consideration for investment in mechanized farming and arable land allocation. State and local governments should play a pivotal role in promoting mechanized farming and providing arable land for farming in communities. Additionally, allocating arable land enables small holder farmers to expand their operations and contribute to food security at the grassroots level.
Nigeria can unlock the potential of its agricultural sector to address the pressing needs of its population and achieve sustainable development. Policymakers and stakeholders must heed Akande’s recommendations and take decisive action to ensure a food-secure future for all Nigerians.
By: Igbiki Benibo
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