Nigeria is a geographical space on 9.0820° N, 8.6753° E. The people within the space define the country. The Jews defined Israel.
Nigeria is what it is today because of the people. The politicians, the civil servants, the military, the private sector. #NigeriaAt60
The paramilitary and the informal sector. The people of Nigeria failed to create a country that can be envied by others. If Nigeria is evacuated today, the Jews or Chinese will come in and turn it around. Nigeria is a reflection of the people, nothing else!
The politicians who steal, civil servants who steal and take bribe, contractors who abscond with money, private sector that delivers poor service, the informal sector plagued with cheats. The citizens who break laws.
If Nigeria is useless at 60, then we are all useless.
Nigeria did not ask for this sort of people who put personal interest above national development. Go home and ask your parents to swear by the holy books if they never collected bribe or took something that didn't belong to them. How many of us can explain their wealth?
Do you break laws? Do you cheat your neighbours? Do you sell fake products? Are you a smuggler? Do you collect bribes in the office? Do you falsify documents? Do you steal? Do you receive money to vote? Do you falsify payrolls? Nigeria will great when the people change.
Do you evade taxes? Do you participate in governance.
We have 3 levels - FG, state and Local government. We have less than 200,000 politicians. 1% of the population cannot define Nigeria. It starts at the community level. The community defines the country.
Nigeria 🇳🇬 is a reflection of our communities. What we do on a daily basis defines the outlook of the country. The policemen didn't drop from Jupiter, the politicians and civil servants are part of our community.
There is no Nigeria without the people. It would be an empty space without corruption, insecurity, stealing and other vices. We will enjoy a great nation if we build it. If we don't, we will continue to live the harsh reality.
God bless Nigeria 🇳🇬 #NigeriaAt60#HappyIndependence
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Tinubu created the Ministry of Housing in 1999 and separated it from the Ministry of Works. A policy move to strengthen public housing and PPP
Tinubu constructed:
1059 Units of 2Bedroom bungalows of low income housing Units at Abraham Adesanya commissioned in the year 2000
160 Units of 2-bedroom bungalows at Ibeshe low-income housing scheme. ( allocated and commissioned, May 2005) 4) 114 Duplexes, high-income units at Oba Adeyinka Oyekan 11 Estate Lekki. Completed and commissioned, Sep. 2003
163 Units of 2-bedroom low-income housing at Ayangburen Phase 11, Ikorodu. Commissioned, 28th of June, 2001
20 Units of Town Houses and 32 Units 8 of 3 bedroom flats at Gbagada Medium Housing Scheme 1
In a discussion with Asiwaju and he kept asking about the benefits associated with having the NIN ( National Identity Number ). Asiwaju believes that the number should come with some social benefits. Access to credit / loans , health insurance, income status.
He said the economic benefits of having the NIN will be emphasized to speed up enrollment. Asiwaju wants the credit system to work and he is working with a crack team on this. This is directly from the horse's mouth. He believes that Nigeria should move to a credit based economy
He believes that corruption can't be eliminated if citizens pay cash for every need. He believes he can double the GDP contributions of finance, manufacturing, and housing sector with the availability of credit. He said that our automobile industry can't grow without credit.
During the @ABATMediaCentre space discussion with HE @OfficialGYBKogi, I reiterated the revenue challenges in Nigeria at national and sub-national levels. Only two states in Nigeria have annual budgets above N500bn. A lot of these states can't finance their budgets without debts.
I also made it known that the era of pocket money from Abuja is gradually coming to an end. The revenue-sharing formula must be changed and resource control is a catalyst for development. Kogi is sitting on oil, iron ore, coal, limestone and marble deposits.
Two major rivers, abundant potential for farming and irrigation, untapped tourism and human potentials. The FG needs to shed the huge load it has placed on itself by virtue of a warped Constitution. Nigeria will develop if subnational entities challenge the status quo.
The expected oil receipt of the FG at N1.92 trn in 2023, benchmarked at $70. If oil prices drop to about $35 and we may not make 1.6m BPD, we will struggle to make 1.5trn. The entire FG oil revenue is not enough to finance Lagos state budget.
Lagos state's budget with 20m people is above N 1.3 trn. At this point it's better to give the oil to the Niger Delta. Let the FG and FIRS collect taxes of 50% on oil and save itself the stress and cost of running the oil agencies.
The FG is now bankrupt. It has grown its expenditures way above it's revenues. 50% of the civil servants in Abuja should return to their states and LG. Grant the states resource control and review the revenue sharing formula. Focus on the military, immigration / border control.
Nigeria is pushing for universal health coverage through health insurance and at the same time, trying to keep a blanket healthcare subsidy at the point of use, especially in public healthcare facilities. There is a conflict here.
The only form of subsidy should be a safety net for the poor and cross subsidization through health insurance. The public and the private healthcare institutions should adjust to market realities and allow insurers manage the risk.
Our policies are always targeted at depressing prices. This will only lead to reduced investment in the sector and total collapse. Our university system and the power sector are typical examples.