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Chxta Profile picture
@Chxta
Apr 14, 2020 • 4 tweets • 2 min read • Read on X
In my @BusinessDayNg column today, I talk about #Nigeria's selfish elite and why in a pandemic-laden environment that is exacting significant social and economic costs, enlightened self-interest is a moral and pragmatic imperative.
Unenlightened self-interest, in which most or all persons act according to their own myopic selfishness, means that the group suffers loss because of lack of cooperation, and the increased expense each individual pays for the protection of their own interests.
Unenlightened self-interest is why Nigerians' trust in government and its governing ability has plummeted from the heady days of optimism that marked our return to democratic rule.

This is why power, health, infrastructure and education have not been fixed.
Unenlightened self-interest is why a political restructuring of the country has not happened.

Unenlightened self-interest is why the #WuhanCoronaVirus pandemic is slowly getting out of hand in #Nigeria.

Read here - bit.ly/2RAcv77

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More from @Chxta

Chxta Profile picture
Jan 6, 2023
There has been a lot of recrimination due to the musician, Brymo's misguided tweets. I won't join issues with him except to mention that as a Tinubu supporter, he is simply doing what I have said, so many times, would be done by Tinubu supporters, ethnicise the elections.
What I want to talk about, very briefly, before returning to @EdPaiceARI's excellent book is the tendency for Nigerians, in general, to keep behaving like our country's civil war did not end 52 years ago.
Igbo people in #Nigeria are generally treated like we are all fifth columnists who secretly support Biafra.

This ahistorical view completely ignores that even during the war, there were Igbo people, Ukpabi Asika and Ike Nwachukwu as examples, that fought for Nigeria.
Read 12 tweets
Chxta Profile picture
Nov 27, 2022
I had a discussion with someone yesterday that brings to my mind the nature, to some extent, of the damage that the current Japa wave is doing. This time, not to the body-corporate #Nigeria
I've discussed that in some form here, and I've done a thread on the effects on the middle class, who are the primary movers of this migration.

I recommend reading @tundeleye's 2017 piece about why people were leaving #Nigeria bit.ly/2WvirUH
The #LekkiMassacre of two years ago merely accelerated what was already a trend.

But not much is being said about the effect of this trend on the lower classes, the people who used to be house helps, nannies, stewards, drivers, cooks and maiguards.
Read 16 tweets
Chxta Profile picture
Nov 24, 2022
Words matter, especially when they come from someone with influence.

That is the theme of my latest column in @FinancialNG bit.ly/3VhvOAI, the impact of the words of @JoeBiden before he became POTUS.

Bear in mind, this was written before #America's mid-terms...
Faced with the implications of his words during his presidential campaign, the Biden administration rediscovered the concept of realpolitik and tried to make good with the Saudis by visiting #SaudiArabia in July and ending up with that infamous fist bump. Image
In November 2019, Joe Biden fingered MBS in the killing of @washingtonpost contributor Jamal Khashoggi and committed to making the Saudis pay.

He followed up upon assuming office by rejecting contact with MBS and stopping US assistance to Saudi efforts in its war in #Yemen.
Read 8 tweets
Chxta Profile picture
Sep 5, 2022
On #FreshlyPressed981 with @SopeMartins and @monsieurceee this morning, we'll be asking how the NNPC came to the conclusion that petrol will sell for ₦462/litre without the subsidy.

@Smooth981FM in 15 minutes...
The NNPC is just involved in unnecessary fear-mongering.

Our neighbours, who are poorer, pay a lot more than we do for petrol. What I see in all this is people committed to maintaining their cushy subsidy scam going on.
Consider the attached chart, published in February.

As of February, based on the exchange rate, we were paying 40 cents per litre of petrol. In #Benin it was 95 cents, in #Niger it was 97 cents, in #Chad it was 89 cents, and in #Cameroun, it was $1.09. Image
Read 9 tweets
Chxta Profile picture
Aug 17, 2022
“We have seen your type before, and they all fizzled out. Let’s see how long you will last.”

That's what someone told @DavidHundeyin as recounted in his @BusinessDayNg column today: bit.ly/3JZzB0N

That thing cut my soul because it is true...
For all the flak that the Nigerian media gets, people tend to forget one crucial fact: they are products of their environment, working within that same environment.

Only a very few people in this life have the fortitude of Job.
The overwhelming majority of humanity, including me these days, would make the required compromise to just keep things moving.

One problem we have in #Nigeria is that we never interrogate these things. We must ask, "why"?
Read 17 tweets
Chxta Profile picture
Aug 16, 2022
In the 1963 movie, Cleopatra, there was an interesting dialogue between Mark Anthony and Octavian, the man who would later become Augustus Caesar, the first emperor of Rome about the birth of Julius Caesar's son, Caesarion:
Mark Antony: "You were so shut at the mouth just now one would think your words were are precious to you as your gold."

Octavian: "Like my gold, I use them where they are worth most."

This is instructive...
Also instructive is that during his 19 years as chairman of the US Federal Reserve, Alan Greenspan did not give any interviews. Having taken over from the inflation-busting Paul Volcker, Greenspan knew that words from his position carried weight and so had to be used sparingly.
Read 6 tweets

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