Poverty and petrol

On January 11, 2012 / By Imnakoya / In Governance, Nigeria / 1 Comment

Is there is a correlation between poverty rate and petrol price? Click image to enlarge.

When historical data of petrol prices in Nigeria is plotted against the national poverty rate, you get an interesting trend result!

 

Nigeria Petrol Subsidy Riots: Can Jonathan Fix it?

People protest following the removal of fuel subsidy by the Government in Lagos ,Nigeria. Photo: AP

Chauffeur-driven, feeding fat on government allowances, locked up in the government-paid, generator-powered, air-conditioned enclaves, and surrounded by a retinue of personal and security aides, it is very easy to lose the pulse of the people on the streets, subsisting on less than $2 per day. This is exactly what is happening in Nigeria.

One fact has emerged clearly as riots enter Day-3, and Nigeria grinds to a screeching halt following petrol subsidy removal and subsequent increase in price: the government is not in tune with the masses. The tenacity, organization of the protesters and extent of the riots have shown that those calling the shots in government have indeed lost touch with the reality of the people they govern.

The subsidy removal argument as presented by the President Jonathan and his aides is poignant and sensible on paper. However, the petrol subsidy, as ineffectual as it may be from government point of view, is the only “social welfare” enjoyed by the common man on the street; it directly impact the lives of the people on daily basis. Besides, the “failure of the petrol subsidy”, as presented, is mainly due to government inefficiencies and corruption, perpetrated by a handful of elites. So why pass the burden on to the people without preparing and helping them manage the aftershock?

No matter how well the strategies for cushioning the effects of removal is, the street will not buy it! The federal government has little or no credibility with the people.

A better approach would have been to phase out the subsidy in stages, and at each stage, demonstrate to the people the gains and benefits of the removal in real life, not just on paper.

The situation in Nigeria is now a case of who blinks first, I would rather have Jonathan be the first to blink.  Jonathan, can you do this, please?

More on the petrol subsidy removal here:

Nigeria, where is the love?

Former Education/Petroleum Minister, Professor Jubril Aminu

Professor Jubril Aminu, Nigeria’s former Education/Petroleum Minister, on loving and being patriotic about Nigeria:

Love for this country is just not there. People love their religion more than their country. I am from the North; people from the North are mad about the North but our leaders did not advise us to be as mad about our country. It is the same thing with the West and the East; their leaders did not advise them to be mad about Nigeria too. The people from the West love the West, but they were not thought to love their country, Nigeria. They were told to antagonise the federal government, because of the opposition stance. In my view, everything necessary should be done to get the people to love their country, Nigeria. Not in the fashion of what we see on the television every day, ‘We are Nigeria, we are one’….etc. Even children laugh at it. Invent real ways of making the people love Nigeria.

I remember this quote on patriotism from Mark Twain: “Patriotism is supporting your country all the time, and your government when it deserves it.” Continue reading…

A time not to be On Your Own

On October 27, 2011 / By Imnakoya / In Democracy, Environment, Governance, Health, Nigeria / 2 Comments

Seasonal rains have sent water flowing over riverbanks again in Nigeria, picture from Lagos suburbs. (AP Photo/Sunday Alamba)

I wonder why their demeanor does not correlate well with the hopelessness of their situation. Not only is their house flooded, the whole neighbor is under water, from the rains. Is this a form of adaptation to hard life?

This is what I see: Continue reading…

Google eyes Nigerian businesses

I just tried Google’s Business Sitebuilder created for Get Nigerian Businesses Online (GNBO) initiative. Swift and easy to use. It even offers custom “com.ng” registration for just N1200 per year (about $7). Google hosts the sites free. I must say I like it!

Google’s strategy in Nigeria is primarily directed at getting people online, and creating and growing local content. This makes a lot of sense. At about 150 million, Nigeria is the most populous nation in Africa, with the second largest economy after South Africa, and with at least 24 million Internet users (as of 2009), about 17% of the population. And of more than 1 million registered businesses in Nigeria,  only 17,000 have presence online. Continue reading…

YouWin! – platform for aspiring Nigerian youth entrepreneurs

On October 24, 2011 / By Imnakoya / In Governance, Idea, Nigeria / 3 Comments

Nigeria government launches YouWin!, a platform for aspiring entrepreneurial youth to develop and execute business ideas that will lead to job creation. The program calls for for submission of business plans from aspiring entrepreneurs, and provides a one-time equity grant for 1,200 applicants.

The program is open to Nigerians not older than 40 years. Award recipients will receive between 1million to 10 million naira depending on their business needs.

Deadline: Submission due by Nov. 4, 2011. Visit https://www.youwin.org.ng for detail

A tragic end to a flamboyant dictator

On October 21, 2011 / By Imnakoya / In Conflict, Corruption, Democracy, Governance, Libya / 1 Comment

Some African traditional rulers bestowed the title "king of kings" on Gaddafi in 2008

An interesting Vanity Fair photo collection of the dead Libyan leader, Gaddafi. Muammar will be remembered for his outlandish garb and outrageous ideas, no doubt about that. Remember he coaxed some 200 African kings and traditional rulers to bestowed the title “king of kings” on him in 2008.

With all the billions of money and assets acquired over four decades of his dictatorial reign, I thought Gaddafi would have taken the smartest way out – sneak out of the Libya and buy/negotiate himself a safe landing somewhere, like the Tunisian president did. Ben Ali left Tunisia with his family for Saudi Arabia.