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Awe Onisokuso
@sarnchos
, 3 tweets, 2 min read Read on Twitter
A little history of how stockfish (aka okporoko) became a fixture of Nigerian cuisine.

It started (sadly) during the Civil War when South Easterners were experiencing starvation and severe malnourishment.

The Norwegians could only help with their fish

bbc.com/news/world-afr…
Not only did the wartorn victims make do with the Norwegian gifts, they also found uses for virtually every part of the fish's body

Including the head

You see, Norwegians usually discard the head of the stockfish as useless, but Nigerians eventually convinced them of its value
Today, Nigeria is Norway's largest buyer of stockfish, and its only buyer of stockfish head, to the tune of over 9,000 MT annually.

So what started as charity for Norway has become an irreplaceable part of Nigerian cultural identity.

undercurrentnews.com/2019/08/01/nig…
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Awe Onisokuso
@sarnchos
Old Port Harcourt Refinery (60,000 bpsd commissioned in 1965)

Warri Refining & Petrochemical Company (125,000 bpsd commissioned in 1978)

Kaduna Refining & Petrochemical Company (110,000 bpsd commissioned in 1980)

New Port Harcourt Refinery (150,000 bpsd commissioned in 1989)
By 1998, all 4 refineries (445,000 bpsd) were operating at about 15-25% capacity combined.

This was the impact of corruption on the Nigeria's publicly owned companies.

While we should have been building more refining capacity, we were busy with destroying what we had, to make
room for imports.

While we slept, others developed their capacities at our expense.

And we kept telling ourselves that govt cannot do well in business.

Isn't the running of govt a business?

Why do we prize businessmen as good leadership material, if govt can't run business?
Read 6 tweets
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Awe Onisokuso
@sarnchos
I want to do a thread on Singapore

I find that the tiny country has a lot that we can learn from in our quest for development

1. Singapore attained self governance in 1959 (2 years after Nigeria)

2. She attained independence as part of the Malaysian federation in 1963
3. Land size is 721.5 sq. Km

4. Singapore was kicked out of the Malaysian federation in 1965

5. As at 1965,

Malaysia's GDP & GDP per capita were; $2.956b & $310.33

While

Singapore's GDP & the GDP per capita were; $974.2m & $515.29

(Malaysia had over 300% of Singapore's GDP)
6. Today (2019)

Malaysia's GDP & GDP per capita are; $372.628b & $11,338

While

Singapore's GDP & GDP per capita are; $372.807b & $65,627

(Singapore has a larger economy than Malaysia, in spite of 1/6th of its population & 1/458 of its land mass. Both consist of same people)
Read 14 tweets
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Awe Onisokuso
@sarnchos
Between 1998 and 2008,

The following indices were recorded respectively
Population : 119m ; 150m
GDP : $34b ; $204b
GDP per capita : $240 ; $1,300
GDP growth : 2.7% ; 6.3%

Analysis of the above shows an about 600% growth in our absolute and per capita GDP figures respectively
Between 2008 and 2018

The following indices were recorded respectively
Population : 150m ; 195m
GDP : $204b ; $398b
GDP per capita : $1,300 ; $2,050
GDP growth : 6.3% ; 1.9%

Analysis of the above shows an about 90% growth in absolute GDP, & an about 55% growth in GDP per capita
In other words, for the past 20 years, in spite of our "out of control" population figures due to an ostensibly higher growth of population than GDP, the numbers are speaking differently.

Rather than too many Nigerians, the above figures show an unfair distribution of wealth.
Read 6 tweets

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