Showing posts with label Dr Ngozi Okonjo Iweala. Show all posts
Showing posts with label Dr Ngozi Okonjo Iweala. Show all posts

Friday, 13 January 2012

Editorial: #OccupyNigeria for reforming our democracy

Personal Goodluck, Nigeria’s bad luck
Nigeria has been caught in the wave of revolutionary fervour as some might suggest and this has all been triggered by the amazing deftness of President Goodluck Jonathan.
Like King Midas of old his wish to have everything he touched turn to gold had been granted only that what has gained affinity to his touch is the Nigerian coffers. As the proverbial 1st Lord of the Treasury he has presided over a profligate and wasteful consumption of resources all to maintain a life of unseemly opulence along with his cohorts rather than address the matter of progressive leadership of Nigeria - He is both prodigal and a spendthrift.
An overly costly government
The expansion of government that allows for three-quarters of revenue to go into recurrent expenditure is untenable, unsustainable and unconscionable but his government fattened on the largesse of Nigeria’s good have neither the discipline nor restraint for a diet that will cut government excess, government waste and corrupt expense.
For the past few months, they had set their eyes on fuel subsidy with the view to completely removing it and promising to invest those proceeds in public infrastructure, primary health and social development schemes.
The fact is the government has no track record in concluding any of those schemes in Nigeria, in most cases the government has majored in vacuous good intentions offered as promises, none of which ever get to see the light of day. Goodluck Jonathan sadly leads a hopeless and hapless clinging to forlorn hope; there is no reason or basis to find any iota of optimism in anything he has to say to the Nigerian people.
Guessing and paying off the charts
Three months ago, I wrote Editorial: Nigerian Government Dishonesty About Fuel Subsidy in which I noted the discrepancies between the estimated cost of the subsidy and the actual cost that was inflated 5 times more than the budgeted cost.
Besides, it appears no one is sure of what the cost of subsidising fuel is, the Central Bank in its MPC Meeting minutes suggested that the cost was about $6 billion, the on-going debate in the Nigerian Senate suggests the Federal Government budgeted NGN 240 billion ($1.54 billion) for subsidies in 2011 but have found that cost inflated to NGN 1.5 trillion ($9.6 billion) in what is a looking like a typical Nigerian scam. [CBN (PDF) Page 3][All Africa]
What is amazing is how the legislature or any vested party is not in apoplectic rage at this malfeasance in the executive by carpeting those involved and prosecuting the principals for the fraudulent misuse of Nigerian funds – the idea that the executive could overspend by 500% and no one be called to account beggars belief but also shows how complicit the whole democratic system is in the endemic corruption that makes the cost of this Nigerian democracy unsustainable.
Incubating #OccupyNigeria
I feared that the government might expect the so-called “resilience” of Nigerians to allow them implement this blatant corrupt enterprise to feather their over-pampered nests on the premise that they were doing Nigerians some great good that I did suggest that if the people will not take to the streets the army should come out of the barracks and reset this brigandage of wanton debauchery masquerading as the government of the people.
Goodluck Jonathan however forced his hand just like King Midas of old when he touched his beloved daughter and she turned to gold. He announced that he was removing fuel subsidy on New Years Day and that set in motion the movement called #OccupyNigeria.
Nigerians came out to protest against their government that the usually indolent and overpaid legislature came out of recess to discuss the matter.
Meanwhile ministers and stooges of the government took on the airwaves to threaten the people and make pronouncements that could only sound acceptable in Nigeria, because most of those pronouncements if spoken by Western politicians who are regularly our examples of convenience would have those politician blabbermouths out of a job before sundown.
Stop the killing
However, other knowledgeable and articulate Nigerians countered each and every claim the government put forward, as they set their dogs (security personnel) upon the people killing some by reason of the savage and barbaric Force Order 237 which according to the Amnesty International reportinstructs police officers in “riot” situations to “single out” and fire at “ring-leaders in the forefront of the mob” ”and “directs officers to fire “at the knees of the rioters” and explicitly prohibits firing in the air.” [Amnesty]
It makes you wonder how policing has been allowed to thrive in Victorian impunity for the convenience of presumably 21st Century politicians, it is shocking and a shame that we have policing standards that make the Apartheid massacres look tame.
Global Nigerian unrest
With Nigerians in civil unrest that has taken on a global significance with demonstrations in Europe and America as well and the labour unions acquiescing by ordering indefinite strikes one can only hope that the people who matter are not enticed by unscrupulous means that the government has adopted in bribing the hungry and the unprincipled to speak up for the atrociously untenable.
There is no doubt that the fuel subsidy should go but only after we have achieved local sufficiency of the refined product; the government should address the real problem of the corrupt nexus of officials and companies robbing us blind whilst facilitating the development and effective functioning of our local refineries working to capacity.
Beyond fuel subsidies
#OccupyNigeria is however now beyond the matter of fuel subsidies, it has to go the heart of the cost of our democracy that demands swingeing cuts to not just basic salaries but to allowances and perks that are beyond belief. All allowances should be cut to a fraction of the basic salaries of politicians which are in any case already excessively huge.
Going into politics in Nigeria should lose the allure of untold riches paid for sanctioned indolence, politics should be about selfless service with Nigerians only meeting basic middle-class needs of our politicians – if these people need more they should go get a job elsewhere, Nigeria’s udders have been milked to incurable sourness by political jobbers at all levels of government.
Sadly, the government of Goodluck Jonathan with the once excellent but now terribly disappointing Finance Minister Ngozi Okonjo-Iweala are incapable of implementing reform but one hopes that after they have been stunned by the forceful and determined reaction of Nigerians they will move to cut costs, cut waste, prosecute the frauds, restore the subsidy, lay off the majority of advisers, cut unnecessary ministries and ministerial posts, impose economy on the legislature, partner in building working refineries that will obviate the need for the subsidy and dare to earn our trust.
We could not have imagined a Nigerian version of the Arab Spring but today we have a Nigeria of all tribes and persuasion united as one for that entity called Nigeria and the identity that is Nigerian - #OccupyNigeria is our Nigerian Harmattan of Discontent and long may it continue until our democracy begins to represent its people, our aspirations and our hopes and the people we have elected to lead us begin to serve.
Tweets of interest
RT @resourcedat: DOWNLOAD KPMG REPORT ON NNPC: http://is.gd/JkOXaw Need to read this - Favourite it. An embarrassing catalogue of corruption, ineptitude and waste that should have had ministers, officials and company executives shot in a former time.
@ElRufai Interview on AIT on Fuel Subsidy – YouTube bit.ly/ye1xWz He takes it all apart and the government has no comeback. Someone to be credited for knowing the workings of the Nigerian government and exposing its failings.
RT @disgeneration: Fuel subsidy removal: Nigeria’s Finance Minister speaks to Al Jazeera http://bit.ly/yTxaBZ I could not help but notice her fluency in the parseltongue.
BBC News - Nigeria fuel protests: Union threatens oil shutdown http://bbc.in/w2sITG The government is far from embracing humility.
RT @OKShorty1: @BukkieSho Oil production will be shut in. Nigeria will lose $200m/N33b everyday. < Brought on by government incompetence.
#OccupyNigeria is no more just about reversion of subsidies, it demands a root and branch reform of our government & governance.
Yes, let us end the #OccupyNigeria strikes by getting the government to cut spending, cut waste and restore subsidies.
#OccupyNigeria has gone global - We, the people of Nigeria are out to take our representative democracy back from hoodlums.
…as AGF reads riot act to protesters http://is.gd/pIr8F2 No, we are reading the Riot Act to the Nigerian Government.
The end of paternalism in Nigeria, we'll not be threatened by the people we have elected to serve us, they're accountable to us.
OPS decries effects of strike, urges NLC, TUC to call it off http://is.gd/loz9hA Address the problem head-on, it's the government.

Thursday, 3 August 2006

The doctor says good riddance

The doctor has moved on

I was writing the piece below as the news flashed that the Minister of Foreign Affairs in Nigeria has resigned. I am impressed with her grace her sense of integrity and the way she has maintained her honour.

This is all because a bumbling patriarchal president had turned his cabinet into a chess-board full of pawns that could be moved and sacrificed with impunity.

It is a loss to Nigeria that a technocrat of that worth and values should be frustrated out of service to her homeland, whilst we hear that Nigerians in Diaspora should return to help build the nation.

Dr Ngozi Okonjo-Iweala would be the banner to the fact that we do not have the kind of government that helps develop the worthy and patriotic cause of serving our great nation of Nigeria. It is a sad day indeed.

The humiliation of the doctor

As the debate heats up on Ayoke’s Exodus; about the importance of the Foreign Ministry in relation to Finance Ministry in Nigeria.

One must once again look at the situation where the erstwhile Finance Minister who is now the Foreign Minister was stripped of the leadership of the Economic Management Team.

My view is that developing economies have more to gain in promoting trade and development which is linked to the management of resources and consequently their economies than trying to peddle vacuous influence without requisite backing of good governance and sensible economic policies.

With Dr Ngozi Okonjo-Iweala being stripped of this economic profile and then being advised to concentrate on the Non-Aligned Movement, this makes interesting reading on deeper analysis.

The Non-Aligned Movement does not include any country in the West, probably; the only countries of note would be Nigeria, South Africa and India, with China as an observer.

The rest of the list which consists of 55% of the UN lists the poorest and the most deprived countries that require aid to keep things together, including the State of Palestine. I must say, it includes all the OPEC countries.

What is the relevance of the NAM?

However, in a new world order where globalization, makes every economy susceptible to global financial swings and machinations, one wonders the value of the NAM apart from the kindred spirit of having been colonized or having once had their economies shackled to IMF poison pills.

Also, the 14th NAM summit is in Havana, Cuba between September 14-15, 2006, whilst the 2006 Annual Meetings of the International Monetary Fund and the World Bank Group is in Singapore between September 18-20, 2006.

No marks for thinking the more familiar face of a former vice-president of the World Bank could help a lot more in the negotiations than a meeting Nigeria would be the proverbial one-eyed man

Wednesday, 2 August 2006

A doctor without a patient

Our best finance minister
When Dr Ngozi Okonjo-Iweala was redeployed to Nigeria from her position as vice-president of the World Bank, having an MIT doctorate in regional economics and development made her probably the best person to take up the office of Minister of Finance in Nigeria.
She has held that office with distinction, bringing transparency to the way moneys are disbursed in the country, all down to local government and the paying off debts to the Paris Club was a signal of prudence that had come into the management of Nigeria’s oil-derived economy.
After 3 years in that post, a cabinet reshuffle moved her to the Ministry of Foreign Affairs while retaining the leadership of the Economic Management Team.
On speed or up to speed?
Apparently, the new Minister of Finance who deputised for Dr Okonjo-Iweala was not ripe enough to assume that position and handle it with the despatch and expertise of her former boss.
Her not relinquishing the post with the ministerial appointment might also have been a sop to keep the doctor in the cabinet and quell the fears of global economic monitors who would have thought Nigeria was about to descend into pre-election profligacy.
It now transpires that whilst the doctor was busy negotiating Nigeria’s exit from the London Club of creditors she received a letter indicating with immediate effect she no more was the chair of the Economic Management Team as the post would now go to the current Minister of Finance who in less than six weeks supposedly mastered the brief.
This is the same brief, in which she would have been a deputy in liaison with her boss for at least 3 years before.
The executive president’s prerogative
Obviously, the president in the kind of democracy that Nigeria runs is the chief executive of the country though I wonder how he manages and accords respect to his team.
When the reshuffle occurred in June, it was evident that the doctor was informed out of the blue and was in some ways reluctant about the plans, however, to be stripped of the leadership of an important position whilst negotiating in the self-same authority to rid Nigeria of some of the most burdensome encumbrances to our development is a tad disrespectful at the least, if not annoying to person who commit themselves to the service of the country.
Stripped by letters
They were informed by letter it appears, so the doctor would have received a letter whilst in London negotiating on our behalf that she has with immediate effect lost the clout to press issues.
If her erstwhile deputy were on the negotiation panel, the doctor would have been speaking for Nigeria in the centre and the next day, her deputy would be calling the shots as it appears the doctor does not have any roles in that team.
There is a tendency for the president due to his tenure of military leadership from 1976 to 1979 and his advancement in years to be so patriarchal in outlook to forget that it takes teamwork to run a great country like Nigeria, and people may as well have positions of similar clout in any part of the globe without having to be pushed around for being willing to serve their country.
As the elections of 2007 appear over the horizon, here is hoping that the machinations of the president do not lead to an implosion of the cabinet feeding into uncertainties and foreboding about the future.
The doctor might be of greater value to the World Bank; this is one doctor who has no more patients to treat in Nigeria.
References