Chxta Profile picture
3 Dec, 13 tweets, 4 min read
By now it should be obvious that there is precious little willpower on the part of @NigeriaGov to do what has been asked of it and disband the obnoxious @PoliceNG unit called SARS.

They really can't #EndSARS - bit.ly/3lBUbqj
The best we are going to get is renaming SARS, shifting positions, and outright belligerence like the shame of policemen refusing to work because they felt hurt by the protests.

Then today's spectacle of the IG asking a court to stop all the panels into police brutality.
I think it's important to ask why the government seems so unable, and indeed unwilling, to stop police brutality.

I've given it a bit of thought, and for me, the answer comes down to money. #Nigeria is pretty skint.
You see, broke, is when I've finished paying school fees, but know that by month-end I'll be paid.

At that point, I don't have cash in hand, but I know that soon, that problem will be sorted. So it behoves me to plan properly so that the cashless period won't last too long.
Bankrupt on the other hand, is when on a salary of ₦100k per month, I have to pay school fees of ₦75k per term for each of four kids, which translates to ₦300k every four months, or ₦75k per month, and then still take a loan that I have to service with ₦19k per month.
That essentially leaves me with ₦6k per month to do everything else, and we all know that it is pretty much only Agege bread that can be eaten each day with ₦6k per month these days…
Yes, #Nigeria spent 94% of its revenue settling gbese in the first half of this year, and therein lies the problem.

I've had cause to ask this before
You see, as far as the Nigerian system is concerned, there are 3 topline charges - debt, becos after we were "forgiven" in 2003, the lenders gave themselves sense, and since then, any time we want to dig into that hole, our loans are structured as ISPOs that are taken at source.
The other two topline charges are, first, the patronage networks - political hangers-on who the elite believe to have influence, religious and traditional rulers.
The final topline charge are the security services.

They have to be kept sweet because they have guns, and you don't want your DSS bodyguard arranging with kidnappers to pick your wife up you know.
The problem is, if you have only 6% of your revenue left after paying gbese, then you don't have much to settle Kasali.

So you have to choose between Kasali and Chief as to who will get settled.
This problem is solved when you realise that you've given Kasali a gun, so he can go and settle himself.

So you turn a blind eye, and it doesn't matter what some silly little kids say. Kasali has to eat.

That is the end of my story.

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More from @Chxta

27 Nov
One of the most important men in history is Adam Smith. His magnum opus, "The Wealth of Nations", is the basis of the greatest accumulation of wealth in human history.
It was after Smith put his ideas into writing that the structured capitalist economy began to build, and led to a situation where countries have been able to bring people out of poverty in huge numbers.

Need evidence? Look.
Note that #England's GDP grew linearly right until the century following the publication of that seminal book.

As the man's ideas began to take root, it was boom, exponential growth, and they've hardly looked back ever since.
Read 21 tweets
24 Nov
I attended a dinner party last week, and when I introduced myself to one of the guests, he called me troublemaker, then offered me a job in a federal establishment.
I declined, and then he threw the following gem at me: “Guys like you are comfortable with staying on the sidelines to criticise. Knowing what you know, why don’t come and help? Come join us and change things from within.”
To be honest, I’ve had this argument with myself before, and very early on in this particular government, I came close to joining government but ended up not getting it because I gave a condition that they were unwilling to meet.
Read 22 tweets
18 Nov
#Nigeria’s problems are deeply structural, and not many things show this up as the official reaction to the #EndSARS protests and the #LekkiMassacre.

What both show is that Nigeria as currently structured exists only to protect those in power.
Consider this — during the height of the protests, @HQNigerianArmy's leadership pledged loyalty, not to #Nigeria or to its Constitution, but to the person of the President.

This shows that our security forces need a complete reorientation.
The manual under which our armed services are trained and operate has to be thrown away and a new one rewritten.

But that in itself brings up more questions, one of which is who, or what, do they pledge their loyalty to?
Read 9 tweets
16 Nov
In September @officialNESG and @cenbank had a public spat over #BOFIA, yet, the law was still signed telling me that feedback mechanisms have been starved to death by this govt.

Y'all should read @GuardianNigeria's story about the reaction to the Act: t.ly/4g74
The key phrase for me in the entire story is the point where someone told @GuardianNigeria that the banks would murmur in silence as nobody wants to be seen as confronting @cenbank.

For me, that is the crux of the matter.
The lily-livered behaviour of our bankers will hurt all of us.

Your bank declared a profit before tax of ₦74 billion, but can't resist an illegal government directive to block the accounts of a few activists?

Are you compromised or what because I don't understand.
Read 5 tweets
10 Nov
It's amusing to see a lot of pro-government misters trying to spread the disinformation that the #EndSARS protests of October 2020 were "hijacked" and turned into some sort of orgy of violence.
The facts, as recorded in this world of digital media where it is now difficult to hide, is that @NigeriaGov, unable to find "leaders" to either bribe, intimidate or otherwise coerce, cynically turned to thugs to disrupt (not hijack) the protests.
The govt's strategy succeeded to some extent, but the jury is still out, and it is increasingly looking like a case where they won a battle in order to lose a war.

This is where my column in today's @BusinessDayNg comes in: businessday.ng/columnist/arti…
Read 16 tweets
9 Nov
I was in #America for almost the whole of last month, and one of the places I visited was El Paso in Texas. El Paso is just a wall away from Juarez in Chihuahua, #Mexico.
Both were once the same town until the Texas Revolution in 1835. Then, they went their separate ways.

The contrast between both cities today is the result of the different economic systems they run, something I talk about in @FinancialNG
Talking about this is very depressing for me because it portends a very bad future for #Nigeria. You see, like Nigeria, #Mexico is a rentier economy that runs based on the whims of a powerful elite and their criminal associates.
Read 6 tweets

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