I noticed many people believed that the exit of @HSBC & @UBS from Nigeria is because of the effectiveness of the ongoing war on corruption. It's not true, do not be deceived. Their exit from our country is not a good pointer to the confidence in our economy.
Here is why
Since the collapse of the European empires, England, France, Germany, Spain & Portugal etc after the second world war due to their utter destruction, the empires started the to break up because the stress upon them is no longer bearable. Most overseas territories must be ceded.
The only standing power, with resources, military, and money is the U.S. Europe need to rebuild its infrastructure and institutions. So a meeting was convened at Bretton Woods, New Hampshire for a Monetary and Financial Conference. The U.S wanted to help Europe rebuild.
To solve the Shi’a issue in Nigeria, there is a need for frank discussion between the govt & IMN leadership on the evolution of the sect after 1979 Iranian Revolution, Saudi Reaction after the Soviet invasion of Afghanistan & Iran/Iraq war in the 1980s.
After the fall of the Ottoman Empire in 1922, some series of wars ensued, and Saudi Arabia became a sovereign state in 1930. This gave full control of the custodianship of the two Holy Mosques of Mecca and Medina to the hands of King Abdulaziz Al Saud Family. Sunni Muslims.
The Shia and the Sunni had a long history of the political rivalry since the peaceful demise of the Noble Prophet Muhammad (SAW) in the seventh century. The restoration of the Holy Mosques to the control of conservative Sunni Al Saud Family ignited the old Shia/Sunni rivalry.
My Sister @Olanray_1 who was gracious enough to offer assistance for our Lagos campaign office, when we need it, asked me about the lessons I learned campaigning for the past 11 months. Honestly, I owe you an explanation & I will summarize the lessons as follows in this thread:
1.There is a clear dichotomy between intellectual preparedness & political participation. I've spent the last 12 years intellectually preparing myself to be fit to deliver this country to its greatness, yet I did little on the political space. This put me back to politics school.
2. Nigeria is a standard 7 stage pyramid state. At each stage, there is concentrated interest connected in a chain that forms the foundation of the state. As Presidential aspirant, you have to be armed with wisdom in handling them. Winning election is beyond political party.
Fellow Nigerians, I write to notify you that I was unable to pick the nomination form for my party, the @OfficialAPCNg. In good conscience, I cannot justify legitimizing such a huge sum of money just to participate in the party primaries for the coming 2019 election.
1. I consider taking such a step to set a bad precedent for the future of young people contesting positions in political parties, specifically the APC. Many of which currently are disenfranchised, not for lack of competence, character or capability, but on the monetary ground.
2. We deem it fit to go in solidarity with other young people, who due to over monetization of the political space in Nigeria, we're finding it hard to participate. We take this as a direct plan to sideline majority of Nigerians, particularly the youth in the coming 2019 election