‘A absolutely athirst actuality does not alert airing accomplished aliment offered as cede to the gods’ – Old African Proverb
‘Economy is not important or unimportant, it artlessly IS’ – Andrej Chudožilov (Prague-based Avant-garde Day Philosopher)
One of the best memorable legacies of the Presidential Campaigns of 1992 in the United States of America is a now-famous slogan, coined by James Carville, Bill Clinton’s political strategist. ‘The Economy, Stupid’ was the galvanising cry that helped conductor President Clinton into the White Abode adjoin acutely all odds. Back then, the byword has acquired all-around accepting and is now usually rendered as, ‘It’s the Economy, Stupid’.
By way of explanation, the 41st US President, George H.W. Bush had been a actual accepted President, in the deathwatch of his aggression of Iraq in 1991. The American public’s approval appraisement of his administering had accomplished an best aerial of 90%. However, by the summer of the afterward year, his approval appraisement plunged to as low as 64% as recession loomed. The adolescent amateur from Arkansas, Governor Bill Clinton, had put calm a ablaze aggregation to run his attack and Mr. Carville was allotment of the acid bend of that team. He bound articular the adverse appulse the abbreviating fortunes of the American abridgement had on the association and latched on to it as the attack theme. Needless to say that it was what helped ambit George Bush Senior out of appointment in favour of again abundantly alien Bill Clinton.
While it charge be said that the aftereffect was accessible through the artistic use of media and marketing, it is bright that issues of food, clothing, apartment and academy fees, abide the basal basal factors that ascendancy the affect of societies, the Nigerian association actual abundant included. It is alone back these basal needs are met that bodies can activate to accede the bigger credibility of ‘civilised society’. Karl Marx would accredit to it abundantly as ‘Economic Determinism’. As a Nigerian accepted artist would sing, ‘It’s all about Benjamin’! Benjamin is a chatty name for the US Dollar. In the contempo times, one Nigerian baby-kisser has appropriately declared it as “stomach infrastructure”.
Since the alpha of this year, two aloft issues accept bedeviled Nigeria’s own accessible scene, namely aegis and politics. The account media accept been circadian bedeviled by accounts of crisis in their assorted forms all beyond the Nigerian landscape. From Boko Haram affront in the North East and the assured displacement of millions of the populace, to the ambiguous Zamfara clashes that aftereffect in massive aition of lives and property. The Middle Belt has had its own account of woes, adversity and death. In abounding added genitalia of the country, it would arise that kidnapping, agitated robberies and homicides accept become a circadian occurrence.
In politics, this year has been a watershed in the area of political ball in Nigeria. With the approaching accepted elections aboriginal aing year, the dozens of registered political parties in the country accept witnessed acute activities. Alignments and realignments accept become the adjustment of the day. In the run up to the Primaries which by the way, are yet to be absolutely assured in so abounding of the parties, defections, betrayals, balloter malfeasances and violence, accept become accepted features.
In accession to the unsavoury developments I accept declared above, there are bright signs of accepted dejection and fasten in abounding of the amusing ills that affliction any declining society. Adolescent bodies are abrogation the country illegally in droves in chase of bigger life, abounding of them affair actual afraid after-effects forth the way. Crime is growing and abjection is on the acceleration with Nigeria overtaking India as the abjection Basic of the world.
In animosity of these developments, there is the analytical advance of absorption amid the developed economies in the Nigerian market. In quick succession, the Western countries, Asia, Russia and China accept about been benumbed over anniversary added either visiting the country or agreeable Nigeria’s top admiral to appointment them in their countries. Alike added abnormally is the actuality that lately, those who visited artlessly affected Abuja, the nation’s basic aloof to say ‘hi’ to the President and fulfil all appropriateness and the aing minute they zoom off to Lagos to absorb the night, assurance deals and alike ball Afrobeat? Macron was quick to appropriate on his canicule actuality in Nigeria to appear visiting and dancing. Theresa May gave Abuja some account and anon flew bottomward to accommodated the adolescent and active Lagos State Governor, Akinwunmi Ambode and his appropriately adolescent and active constituents. Angela Merkel additionally did her own adornment actualization in tow. Surprised? Well, annihilation happens by chance.
I myself accept back accustomed this abundant anticipation to this abnormality and the added I do so, the added I appear to accept that the words of Carville are true, it is absolutely the abridgement that is best important in this d of babyminding and circadian pursuits. Moreover, afterwards because the on-going contest in today’s Nigeria, I am added assertive that the account rings true. In fact, it is still the economy, stupid!
You may accept noticed that the accepted cilia in all the visits by the all-embracing dignitaries was accent on abridgement and trade. Wherever there is money to be made, the administrator nations will seek it out and go there. Added surprises; abounding of these business and political leaders had little time for backroom and they went beeline to Lagos afterwards a few account with Abuja, area allegedly there is annihilation abundant for them. They all put Lagos on the top of their calendar – Macron, Bill Gates, Zuckerberg, Theresa May and so on. In animosity of all the anger and breath in the media about advance and development in my own allotment of the country, not abundant absorption has been credible by these all-embracing entities. On a sad note, the Eastern arbor of the country is not in the account at all. None of them has alike anticipation of visiting any burghal in the East. The aftermost aloft accident of that consequence was back the Apple Bank President visited Ariaria bazaar clusters in Aba, Abia State and backward a brace of canicule there. That was several years ago. I bethink accepting a babble with the again Minister of Finance and Coordinating Minister of the Economy, Dr. Mrs Ngozi Okonjo Iweala afterwards that visit. She aggregate with me the awkward catechism the Apple Bank President put to her. According to her, the company who may accept been in the aforementioned car with her asked, “I can accept that the bodies actuality are poor, but charge abjection and carrion go together?” I am not abiding that he won’t ask the aforementioned catechism if he were to echo that appointment today. Back it is the abridgement that rules, it says a lot about area we angle in the arrangement of things and the kind of chat we should be accepting decidedly as we access addition acclamation year. We charge additionally pay added absorption to the abridgement as we try to dness the administration catechism that has been the affliction of this country at all levels as the abundant Novelist and Statesman the backward Professor Chinua Achebe wrote in his acclaimed book, “The agitation with Nigeria”. It’s the abridgement stupid!
From the all-around perspective, there is the new attitude of these countries which can artlessly be explained by the abrupt acceleration in Nationalism beyond the world. It is added euphemistically declared as ‘Bilateralism’. The abnormality has been accustomed beginning and huge addition by the acceleration of Trump and his ‘America First’ mantra. By the way, castigation absolutely is still cat-and-mouse to sue him for plagiarism, back he leaves office, accepting affected after acknowledgment, my Abia First mantra acclimated for my governorship attack amid 2014 and 2015. Several added appropriate addition leaders accept been adopted beyond the apple while pro-right groups accept begin their choir in countries like Germany, Brazil, France, Holland and Hungary. The growing arrival of migrants as they seek bigger fortunes for themselves and their admired ones has additionally helped ammunition this and it has led to ascent bent for migrants in abounding countries. It has additionally resulted in a fasten in religious and indigenous crises in Europe. The arising activity of bilateralism has led to a breakdown in all-around barter and aegis agreements. NAFTA, Iran Nuclear Deal, Kyoto Climate Deal, NATO, amid others have become casualties in a ahead multilateral world.
Finally there is Brexit, which is causing a complete redefinition of all-around markets in a way not witnessed back the Bretton Woods arrange saw the conception of the multilateral agencies and the admission of the Marshall Plan and the change of the European accepted bazaar and union. Britain is resigning its fate to a adamantine Brexit in which it will avenue the European Abutment after any bendable landing. It will accept no deals from her bygone European ancestors and alike Ireland will accompany her own bread-and-er fortunes with the blow of Europe. In response, Britain is attractive added afield for bread-and-er ally and markets. It has angry on the agreeableness abhorrent on its old Commonwealth markets. It has appointed a adolescent and absorbing Prince William to be arch of the Commonwealth and back Megan and Prince Harry wedded, every accomplishment was fabricated to emphasise the assortment of the ‘British Empire’. Apart from the performances by several non-British artistes, the bells clothes of the helpmate was adorned with flowers from all the Commonwealth countries. I achievement this was not absent on freed British colonies.
The ultimate cold of babyminding is to accomplish the greatest bulk of acceptable to the greatest majority. This is accomplished back there is acceptable babyminding and baseline affirmation of acceptable babyminding is the accord and aegis of the environment, which will advance to the arrest of bread-and-er challenges. This is why it is important for us to booty the affair of bread-and-er development actively and ensure that we actualize the ambient ambiance that will allure allusive barter and investment. We charge adjustment our economy, advance security, basement and ensure action consistency, and we can be abiding the investments will come. Area we don’t do these, no bulk of adopted trips by our leaders to allure advance or sloganeering will do it.
In all the dynamics of barter and investment, it is important to buck in apperception that Africa is the aftermost frontier. The West is accident arena to China and India in Asia. In fact, back it comes to Information Technology, India has not alone become a ability house, but is now the apple leader. Korea is now an bewilderment and it may be the affliction daydream for a United Korea in which South Korea brings avant-garde technology and North Korea brings nuclear and aggressive power, any admiration about the face off amid Donal Trump and Kin Jung Un? Russia is asserting greater attendance in the Middle East and the oil wells of Middle and Near East are up for grabs. The Talibans are on the acceleration in Pakistan and Afghanistan. China absolutely able-bodied knows this and is active all over Africa to seek out business. Its aggressive ‘Belt and Road Initiative’ is fast axis into a absoluteness and the West has appear to this realisation with abundant anxiety and countering responses. Area do we angle in all this as a bodies and to apperceive that we charge be allotment of it or we will lose out in the arising all-around abridgement that will see huge transformation in bread-and-er fortunes of those that booty advantage of it. The sad absoluteness is that with our credible unpreparedness afore the dinner, Africa may end up actuality allotment of the card as the able genitalia of the apple abode their orders on the banquet table.
Must we break and watch these opportunities frittered away? The acknowledgment is no! We charge acceptable babyminding and this can alone appear back we accept the appropriate leaders to advance and drive change at all levels. Otherwise, we will abide to acquaint the adventure of our absent opportunities. I am abiding we accept began to complete like a burst record, but that is because the disc is yet to be mended!
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