“ambitious people understand,
then, a migratory way of life is the price of getting ahead”
Institutions in promotion
of awareness on
It is, to me, a fulfillment of an ambition to appear in the ancient city
of Ilorin, and for that matter, the reputed University of Ilorin, this
time to talk as if I had become one of the masters of the Breton Woods
doctrine on which the newer universal values are set.
Ilorin, as you know, is the quintessential junction town with an
alluring history of cross-cultural interactions and a melting pot of
strong and contending but, yet, binding traditions. You cannot miss the
muscle of this city on whose table the final feature of Nigeria was
cast, even a while before the British colonial agents sprang their
seizure of what became modem Nigeria.
The hospitality of the native and the determination of the sojourner in
those early days of the fading 19th century, were loud statements in the
formative values of this rainbow coalition, which is still gainfully
coalescing, as our dream Nigeria.
the home to such distinguished families - the Sarakis, the Adebayos, the
Gambaris, the Belgores, the Lawals, the Abdullahis, the Adedoyins, the
Idiagbons, the Abdulrazaqs and such highly honoured others too numerous
to mention - I have always felt no qualms at portraying myself a Kwara
man. I am a Kwara man because I have this strong feeling that the
coalition of traditions and the variety of deep academic culture
represented by the University of Ilorin are illustrations close to my
heart. They represent my conscious aspiration to build cosmopolitan
characters of areas of Enugu State hue, where the emergence of strategic
junction towns has sustained an elaboration of people-variety.
Even prior to my coming into government, I have always been fascinated
by junction towns, which so unconsciously, reveal man's capacity to
intermingle, crisscross and, of course, alter in their cultural depth.
It also reveals man's weakness at sustaining a permanent stage of
definite character trait if the necessity of extensive inter-relations
compels efforts at cross-fertilization of values.
that regard, Ilorin and indeed Kwara, remain the quintessential town and
state to discuss globalisation as
a counterpoise against poverty, even though I cannot tell
if the quantum of big wigs as Kwara can boast of, is not adequate to
annul poverty in this part of Nigeria.
reality, I was to be in Kwara last year. That was August. It was Kwara,
of valid memories, that I was to give what has now become one of my
widely cherished lectures: Godfatherism in Nigeria.
But as it turned out, the urge to state it could not survive the
intuition not to pretend that what obviously were the manifestations of
the godfather morass would conflict with yet unresolved matters among
political gladiators outside my state. It was therefore our decision
that it was not politically correct to be insensitive to matters at
issue in each or every part of Nigeria.
a way, I still owe strong apologies, which I hereby tender, to the Kwara
State Council of the Nigeria Union of Journalists (NUJ), which worked
assiduously to realize the objective of the planned 2002 edition of
their annual public lecture series. I assure the council that following
the noble principles which informed the enterprise, I would still make
myself available whenever else you would consider me worthy again to be
Having said that, therefore, I will proceed on the business under review
by stating that the topic as assigned: Globalising in
poverty, is not just a challenge but also a curious
attempt at pairing diametrically opposed phenomena. Considered from
recent development trends in Nigeria, it is even more curious that as
the global society widens with fuller participation and exposure to
gainful values of other systems, Nigeria had regressed economically and
the native Igbo, Hausa, Ebira, Nupe, Yoruba, Fulani, Tiv, Benin,
Efik/lbibio and the others have been the worse for it.
Globalisation refers to the phenomenon whereby, peoples, countries,
businesses and other groups around the globe relate without difficulty.
Globalisation is multi-dimensional, with social, political and economic
implications, but the economic dimension has received the most attention
because of its tendency to drive and set the pace for the whole process.
The economic dimension of globalisation refers to the integration of
domestic economies with the world economy and the consequential increase
in the economic interdependence of the countries and regions through
trade and free flows of the factors of production.
is often argued that globalisation promotes trade and contributes to
growth and development. But globalisation may also adversely affect a
country's interests. Not all countries are benefiting from the process.
For example, economies that depend on earnings from agriculture suffer
from unfair competition with subsidised exports from advanced-economy
nations, and international patent laws tend to favour the interests of
multi-national corporations over those of developing nations.
Indeed, Nigeria with its population and natural resource endowment has a
great potential to compete successfully in the global market. This
potential however is not realised due to problems of weak
infrastructure, inadequacy of technical manpower, and over-dependence of
the economy on the oil sector.
we then situate this scenario on the trend of pauperization of the
society, not necessarily as claimed to be the fault of past
administrations, but by the failure of the world system to repose
adequate entrepreneurial confidence on our polity, we can rightly urge
that the exclusion principles, result of which is abject poverty, ought
to leave us out of the coming global village. That is, if taken at the
retaliatory dimension, the assumed crumbling of state-nations following
the power of the entrepreneurial initiative to tear down boundaries,
should be fiercely resisted.
Those who hold this view were obviously doing so in reaction to the
points of Marcus Olson in The end of egalitarian economics
where he urged that "the indigenous characteristics of
poor countries are strikingly inhospitable to effective large-scale;
organization, especially to large-scale organizations that have to
operate (as government do) over a large geographical areas. "
a way, this view of Olson's in 1997 was not remarkably different from
that of Sir William Crocker of the colonial administration in Nigeria,
1929. Lamenting the probable impracticability of one- straight national
administration in the then colonial areas, he had said, it
would take a long time before there can be any hope of
effective...homogeneity of feeling (in Africa); where,
according to him, ...experiences such as the influences
extending over centuries of common corpus of beliefs and loyalties...
can bring about a cohesion and direction, for matters important to the
authorities to thrive.
Crocker's frustration, which appeared to inform the intransigence of the
colonial order in imposing indirect rule even where there was never a
centrality of administration, can enjoy the patronage of Olson. The
later never wavers in the conviction that it was imperative to sweep
territorial boundaries with bags full of economic gains; such that now
propels recent attitudes for Africa to join the global train.
course, the regimes of social and political orders informing these
attitudes were certainly not the same. Yet it cannot be ignored that the
striking resemblance and eventual confirmation of the failure of the
.old African values to sail along, either the values of pax-Britannica
or Breton Woods institutions, reveals that there are more than meets the
Not necessarily affirming any of these, Basil Davidson held that
if the post-colonial nation-state had become a shackle on
progress, as more and more critics in Africa seem to agree...the prime
reason could appear (that) the State was not
liberalizing and protective of its citizens... its gross effect was
constricting and exploitative, or else, it simply failed to operate in
any social sense at all.
Evaluated side by side then, as the urge to assert and affirm as the
liberation struggles of the 1930s to 1960s turned out to conflict with
the designs of the colonial masters, the urge to eradicate poverty, now
on the stride of African values, runs against the tide of the emerging
global village, under the Breton Woods values.
the way, when we talk about a certain Breton Woods value, which
amplifies the state-nation hangover, we appear to be in discussion of
what seemingly militates against globalising Africa.
Simply put, we are seeking to establish and possibly inculcate the
cannons of globalisation. That is that the socio-economic and political
evolution of the globe has to be governed by the cannons or the
tripartite forces of technology (including information
technology), economic liberalisation and
we explore so deeply into these cannons of the new order, we can see
that what we have at stage have been so roundly classified as the
propeller of fortune, lack of which reveals damning poverty.
Contending that the possibilities and reach of information
technology can tear down territorial boundaries and alter
the clout of governments, Davidson and Rees-Mogg hold that there is
no customs house in the cyberspace. By this, they
contend that the powers of the cyberspace were such that it was not a
matter of government trying to restrict information at the disposal of
the citizenry. Consequent upon this, information on farm goods,
manufactures, trade arid the others, would have to ride over border
controls and policies in protectionism. This now presupposes that the
African, in the backward, dusty village of Awhum in Enugu State or the
stony patch-land of Bassa in Adamawa State, will gain equal information
and knowledge of the manufacture in Michigan, as the American, as soon
as the data are fed on the website.
Considered from the prism of Engel Moore on the Devolution
of Power via the information age,
the State faces a death watch and is terminally ill, in that the citizen
would owe no such allegiance as obtained in the previous age where the
universe of the individual is limited to the physical boundaries of the
Economic liberalisation as a cannon of globalisation may look to me as a
more familiar enterprise under the various administrations since the
1980s. Usually, globalisation is oftentimes narrowed to
economic or trade liberalization, which come on the heels
of the other two cannons: information (cyberspace)
technology and liberal democracy.
Oxfam argues that these two phenomena can have destabilising effects on
national economies and local communities. All too often, he argues,
multinational corporations or the powerful cross-border operatives,
dominate investment, production and trade, imposing changes, which
favour rich countries and technology suppliers.
is on this note that the argument gets stronger in support of the view
that economic liberalisation and poverty reduction are not particularly
consistent policies in an economy where structural imbalances are
pronounced or where the people lack basic services. Also, given the
import dependent nature of production structures as that of Nigeria,
unfettered economic liberalisation will tend to ruin domestic industries
and destroy supply capacity as a result of prohibitive imported input
costs, while imported finished goods will continue to flourish at the
expense of local substitutes.
Couched in various expressions, this further solidifies the position
that the openness of the Nigerian economy has resulted in an adverse
trade situation, which has impeded the development of the country. The
result, it is held, is that Nigeria has become a net importer of food,
although it abounds with rich natural resources and has a largely
agrarian population. When the data are occasionally marshaled, we
discover that the value of food imports rose from N57.7m in 1970 to
N1437.5m in 1980, N1646.5m in 1987, and N88bn in 1996. Food accounts for
10% of total imports.
The question now is; why does the trade regime or economic policy make
it difficult to address the problem of widespread poverty?
The high demand for foreign exchange to pay for imports diverts
available revenue from social service provision. Over-dependence on oil
increases the country's vulnerability to commodity price shocks.
Economic liberalisation has created fierce competition for local
industries because of the influx of cheap manufactured goods, which have
killed domestic initiatives as well as increased the level of
High imports of food have resulted in low incomes for domestic farmers,
them to explore other avenues for sustaining their livelihoods.
Nigeria has been unable to, participate effectively in the global
economy because of pervasive poverty, pandemic corruption,
marginalisation, the persistence of structural vulnerability and
over-dependence on oil, the dispossession of the mass of the people, and
the crippling burden of debt.
Our local pundits, countering the factors of the Breton Woods practices
hold that the way lies in the following:
Institutional strengthening and skills development policy analysis,
monitoring and evaluation, negotiation of technical trade issues,
development of strategies for implementing existing trade agreements.
Engagement with civil society
Linking national development and regional integration.
If this is the case, then Nigeria and many other countries are
increasingly being cut off from the globalisation movement. Nigeria
described as belonging to the category of countries that are
non-industrialised and technologically dependent.
Technological development is directly related to the general level of
development in a country. Success of the countries of the Pacific Rim in
building technologically advanced countries is due to the heavy
investments they made in education and skills training programmes.
The low agricultural output of the Nigerian economy can be attributed to
low levels of technology currently being applied in agricultural
production. Traditional farming systems account for 90% of agricultural
- Lack of innovation in products and production processes, owing to
inadequate investment in basic industrial research. This in turn is
caused by the lack of serious commitment to establishing research and
Weak linkages among government, the private sector, and the universities
for the purposes of exploiting research findings as well as declining
standards of education and skills acquisition.
Economic policies in rich countries remain highly discriminatory against
the products produced in the poorest countries - especially in
agriculture and textiles. The expectations of poor countries in the
Uruguay round.' of international trade negotiations (1986-94) were that
rich countries would open up their markets in these two sectors.
However, protection in most rich countries remains extremely high,
through a variety of instruments.
This has not been seen to help the poor countries with low productivity
capacity. "For instance," argues Joseph
Stiglitz, Nobel laureate in economics, 2002, (neither)
“theory nor evidence supports that opening markets to short-term,
speculative capital flows increases economic growth."
Instead, as he further stated, "there is considerable
evidence and theory that it increases economic instability and that
economic instability contributes to insecurity and poverty.”
Indeed, most recent analysis show that Stiglitz was not mistaking the
entire clamour and the attendant complication it could bring to the
African and other Third World economies. He would not even be taken in
on the supposition that tariff-regimes could help the dependent
economies. "Even often-praised tarriffication (has) proven
to be double-edged swords."
course, we cannot deny that most rich countries apply higher tariffs to
agricultural goods and simple manufactures, the very goods that
developing countries produce and can export. In agriculture, tariffs of
very rich countries are heavily biased against low-priced farm produces
from developing countries. In the 1990s the average tariffs on
agricultural products were 15.7% in Europe and 10.8% in the United
States. Tariffs against developing country manufactures are also high.
The average rich-state tariff in the 1990s for manufactures from
developing world was 3.4%, compared to 0.8% on rich-state manufactures.
Bangladesh exports about $2.4bn to the US per annum and pays 14% tariff.
France, on the other hand, exports more than $30bn and pays 1 % in
tariffs. Poor countries also pay higher tariffs, e, the higher the level
of processing, i.e. 5% tariff on coffee beans (exported from developing
economies) and 15% on ground coffee (imported into developing
Rich-state policies subject imports to a wide variety of quotas,
particularly for clothing and footwear and labour intensive products in
which developing countries would have competitive advantage.
Back home, they pay large subsidies to domestic food producers. West
African cotton producers have increased efficiency of their cotton
sector, achieving competitive production costs, but can't compete with
subsidised farmers in rich countries.
Well, whichever way it presented itself, Nigeria was going to paddle the
globalisation (economic liberalization) boat
and we are sailing. After about some false starts by his immediate
predecessor, General Abdulsalami Abubakar effectively started the second
stanza of the privatisation exercise in October of 1998, putting about
19 public enterprises on the sales slab.
Actually, as an economic liberalization
strategy, privatisation has become the vogue
among nations. Its conceptual basis arose from the fact that the
economic man, not as in the communist ethos, has the freedom to operate
from any society. And it is supposed that he works harder and more
efficiently when the profit or gain in view is his own, rather than when
he lives on wages or measured periodic incomes, as is the dominant mode
among welfare regimes or command economies, which predominated in
Africa. Privatisation is seen to create an
enabling environment where people can reach their fullest potentials in
the pursuit of individual or group fulfillment.
Against the background of this exercise, which rides the global
conviction that regime control of all initiatives, gives room for
consuming inertia, the promoters of globalisation (economic
liberalization) propel the argument of clear enterprise
riding the resurgence of a culture of conquest, not as gunners but as
ideas-platoons capable of toppling ineptitude. This is furthered by the
belief, and they are right, that the deadweight of inertia is the mother
of the sluggard who would be poor if he is ignorant and who would be a
liability if a world with conscience will not look the other way.
is not definite that the global scheme projecting economic
liberalization as the trump card against backwardness has
deliberately projected Africa as the poor group of States that must be
dragged along the speed lane of Western capitalism. It could not have
been so if we refer to the earlier urge of Andrew S. Groove
...if the world operates as one big market, every employee will compete
with every person anywhere in the world who is capable of doing the same
job. There are lots of them and many of them are hungry.
Personally, I have my ideas of matters in competition, and as such view
the global trend in opening the whole universe, what with the reach of
the swift, big enterprises as the world conglomerates, with some
hesitation. In that regard, I marvel at the possibility of confusing
efforts in protecting locality interests against the possibilities of
challenging local initiatives to rise beyond the deadweight of inertia.
In time, it should not be forgotten, history and technology, as they
say, shape nations and generations. On this, we enchant the postulations
of James Davidson and William Rees-Mogg in The Sovereign
Individual ".. .the factory age produced one
shape of different nations, (but) the information age is producing
another, less violent, and therefore more elitist and less egalitarian
than the one it is replacing" (the factory age).
Economic liberalization in our present circumstance is therefore the
divestment by government, acting on behalf of the public, of its active
shares in certain enterprises at the commanding heights of the nation's
economy, such as NEPA, NITEL, NNPC, etc, and the sale of same to private
sector operatives. If you want to bring it home again, call it
privatization, but say we are into it to offer ourselves for gainful
exposure and keen competition with global operatives.
The presumed compensatory substitutes to the public - the real owners of
these institutions –are dual:
a) the government will use the enormous realisation from the sales to
provide more infrastructure and other public needs, and
b) the government will assume supervisory and regulatory roles over
these enterprises in the interest of the public to ensure greater
efficiency and economy in the delivery of services to the public by the
Liberalisation, as an economic strategy to aide the severely
impoverished part of the globe, would perform quick, even though brutal,
surgical operation on such diagnosed malaises as
over-subsidisation, bloated wage bills, highly restricted import
regulations, poor penchant for healthy export orientation, poor
administration of justice, corruption and non-market-determined currency
This brings me to the political will attendant upon the political
decision process of the various polities facing the dilemma of
liberalization. That is the third plank or cannon
of globalization, which now deals with matters of people being governed
by persons and policies of their choice. Put in more familiar term,
liberal democracy, sans popular leadership.
We cannot pretend that we have not had our difficulties situating
democracy along the global trend of total power to the people, just as
we view the relinquishment of the power of the state to a few persons
with such disdain and chagrin. Defined from the global prism of the same
Breton Woods super masters, liberal democracy has to come of unfettered
choice. Unfettered in the sense that no voter in times of election would
have come under any influence other than personal decision to cast
votes, for or against.
the compelling interest in globalisation, we tend to agree, in principle
that the way to true leadership, justifying our democracy, is to expose
the entire citizenry to the values of economic liberalization.
Here, I am not oblivious of the fact that there is a palpable consensus
among the Nigerian elite that economic liberalisation
alias privatization is about the only way to jump-start
the nation's ailing economy. Our economy has been identified as being
burdened by the overweight of stunted growth, a near-bankrupt treasury,
rapidly depleting foreign reserves, mounting budget deficit, decaying
infrastructure, institutionalised corruption, galloping il1flation, etc.
And it is held that these economic ailments can be stymied by selling
those enterprises assumed to be the sole causes of these problems to
private investors, direct portfolio, local and foreign investors, alike.
the wake of privatization - which has now
formed our major initiative in economic liberalization -
the real sectors: agriculture and industries/manufacturing, whose
activities have a positive multiplier effect on the economy, outside
those solely involved in buying and selling, will witness enhancive
competition and positive growth which, coupled with an enabling
political environment (democracy), will accelerate the wheels of export
trade. The overall effect ought to, among others, be a favourable
balance of trade, and, for us, liberation from the culture of
mono-commodity export dependency.
For the fact that Nigeria has remained in the grip of this
mono-commodity culture -dependent on sale of petroleum products -for
over four decades, is an ample demonstration that there has been no
responsible political commitment to modernise and transform the economy
into a viable and self-reliant one.
Besides, it is known that the lull in the productive base is the sure
source of the misfortunes of our Naira -constantly under the scrunch of
depreciating value. Because the productive base reflects its strength
once our economy becomes sound in the productive base once we can export
quality goods and services and once we can earn foreign exchange
therefrom, this would reflect on the value of the Naira posjtjvely.
me, restating the final position of the protagonists of
privatization can best render the honey in the refrain:
‘private sector-led and private-sector driven economy thrives better
than government-driven economy’.
However, the inherent contents and odds are not as simple and smooth as
the protagonists are wont at canvassing. The joys of privatization,
which may, arguably, be equity-friendly, cannot be masses-targeted in an
economy where the gap between the rich and the poor is an intimidating
gulf. In Nigeria, the severity of this ever-widening gap has obliterated
a middle class, and thrown up two seemingly antagonistic classes, the
volatile poor (deep down poor) and the insecure rich (super, superfluous
rich). These ride an aberrational social mobility system where premium
is placed on patronage rather than performance, knowledge and merit.
such a situation, privatization would only serve as a vehicle for
accelerating and exacerbating the widening gap between the rich and the
poor; it being a programme in which only those who have the money power
to purchase shares, or make core investment, or buy up the enterprises
outright, can participate.
the above scenario approximates or, in fact, represents the actual
participatory structure of the Nigerian economy, what does the immediate
precipitation of a privatization programme portend for the Nigerian
economy of tomorrow? That is a Nigerian economy in a globalisang world,
If one were to suggest the answer that it could be unfathomable woes for
the poor masses and a superfluous opulence for the rich, it might smack
of an uncharitable turn of mind. But that is what it shall come to be if
cautions go unheeded.
The current blitz which wheels the campaign in favour of outright
privatisation is supersonic and relentless, with an ensuing ruthless
reduction and simplification (that is ruthless pauperization) of the
entire citizenry. My fear, if not dread, is that this would end up in
its implementation as offering exclusive joys to a smug, snobbish, and
misinformed political, media, legal and business elite ever ready to
exploit and sneer at the poor masses: "our brothers and
sisters below the belt-way; down, down they; without food, without
clothing, without shelter; but ready to explode and tear the rest of us
The hard pill in that is that without painstakingly addressing certain
fundamental issues of socio-economic imperatives, sub-structurally
focused to bridge the poor-rich gap, the implementation of economic
liberalisation programme now in Nigeria is probably going to be another
sound opportunity lost.
fear arises mainly from the trend of poverty in our society. As I
pointed out somewhere, recently, the downturn in the standard of well
being in Nigeria was so drastic and phenomenal. In 1962, the level of
economic development of Nigeria was at per with that of the current Asia
tigers. Over 84 per cent of Nigerians were safely above poverty line.
But you know, the bubble burst as poverty level rose from 28.01 per cent
in 1980 to 46. 03 per cent in 1995. In 1996, 65. 05 per cent or 67.01
million Nigerians were severely degraded by poverty. At the last count
in 1999/2000, 87 per cent or 93 million Nigerians could not make ends
meet. That is that they cannot eat good food, they cannot clothe
properly and they cannot live in clean and decent places.
am bothered because when we talk about globalisation:
that is when we talk about economic liberalization,
when we talk about information technology
or cyberspace and when we talk about democracy, we
are, in all, talking about total participation - level playing ground,
equal take-off ground.
worry, attendant upon the reality of the limitations of our own
practice, is that we have hardly considered the basic question of
sustainability of our own programme alongside our peculiar environment
and in conformity with the social force which battle down powers allover
me therefore, if we must implement economic liberalisation,
we must, per force, let the many socio-economically attenuating measures
which President Olusegun Obasanjo had enunciated on assumption of office
come into fruition. Such measures include the poverty
reduction programme, a resuscitation of the collapsed education system,
a recourse to full, immediate and result-oriented agricultural programme
- to place food on the tables of Nigerians -
and an aggressive programme of manufacturing/industrial pursuits.
Thus, before the end of the first eight years of democracy in Nigeria -
that is 2007 - an implementation of a liberalization programme would
have become realistic.
have two main reasons to hold this view. One is that the economic
liberalization programme as it sailed through in many parts of the
world, rode the possibilities and strength of the above named basic
social pillars. By the way, we talk about hyper competition in
employment, in trade, in manufacture and the others, but how realistic
is the attempt when you pair a rather rudimentary economy with the
sophistication of the social and economic system underpinning Western
Europe and America?
second reason is that I live under the fear that the sophistication of
the emerging global values, if it rides the most cherished but
far-fetched Western style, may leave many of our citizens behind because
as Andrew Groove holds, and I quote him again, “if the world
operates one big market, every employee will compete with every person
anywhere in the world who is capable of doing the same job, ... there
are lots of them, many of them are hungry."
doubt we are hungry but how competent are we to compete? What head start
do we have to even gain a room to playa role?
But then, while we wait because the truth of life and the reality of our
history dictate it, we must pose the question: what can be done to the
ailing public enterprises as a measure to stem further wastage within
the interregnum? How do we prop our infrastructure to provide for the
emergence of such values, which would aide our joining the technological
age, the open market economy and culmination
of the civil society?
Actually, it is in discussing democracy that we can bring matters of
civil society and eventual open
economy. Originally, the idea of the civil
society rides the platform of political and social
awareness of the people; if for purposes of popular participation every
segment of that society is unhindered in expression and interaction for
According to Irvin Ingrid, civil society ensues as economic indices
provide for the leveraging of the classes, which may not be pronounced
in stratification or gulf-regime but in mobility and openness to admit
those who meet a set of criteria. In a way, the idea of restricted entry
to classes or groupings of class left many with the impression of
regimentation and exclusivity.
Usually, this arises from the historical track of the State in question
as the values from time in the formation of the nation state concede the
influence in setting the criteria for inclusion or otherwise by elements
of the sovereign. This is the point of objection in the newer values of
fact, whereas it is viewed that democracy opens the society, the
contention is that the sovereign state, particularly one that is
conscious of its borders and exclusive values tends to obstruct the
overall opening of the society to the wide globe. To this effect, McGrew
holds that if globalisation is indeed a furtherance of the values of
liberal democracy, even if the other round, then the insistence on the
sovereign running on the recognition of a population within a particular
national boundary is antithetical to the new order.
Put differently, globalisation promotes variety and government of the
people but such people would not be rightly defined as coming of
specific geographical boundary or 'of clear and cultivated
socio-economic characteristics. This argument may so resemble the strong
argument against protectionism and the preparedness of the powers that
be to tend to take it to the limit to gain access to other countries.
course, realism conveys to us that the sovereign boundary is really
coming down and as the Wall, such as that of Berlin,
comes down, sovereigns will lose grip of the erstwhile local population.
In fact, they cannot help themselves as every other day pronounces
global encroachment into the erstwhile local mechanism underpinning
traditional control of the individual and group.
You can now see that these whole scheme projected, quite gainfully as we
can see, portend one reality. And that is that the global
economy, the global political order and the global channel of values
(global information order), reveal a coalescence of
erstwhile variety to a single universal trend. Inescapably, these are
eroding old feelings and distinct comprehension of people's worldview.
Now, against the backdrop of poverty in Nigeria,
globalisation clearly presents a dilemma. I feel this way because my
understanding of the cannons of the new order reveals an opening society
where competition attendant upon digital professionalism holds sway. It
is not that I do not see Nigeria as being 'capable pf development up to
the level of proficiency to play side by side with the West; it is past
systems of managing the environment that have left the people and place
stagnated and uninspiring.
Much as I hold that Nigeria as any of the Third World States will enter
a battle of unequal combatants in the evolving scenario, I do not join
in the claim that globalisation should be halted. Rather I root for the
argument that instead of setting Africa back on the flimsy excuse of
catching up with the rest of the world, it is far more attractive for
the backward states to be adequately challenged to get up and walk.
hold this view because experience has revealed that rather than work at
catching up, the tendency to be laidback, complacent and contented, had
ensued instead. This had provided the leeway to backward states
perpetually seeking exercises of uplift from the economically strong
states instead of putting in measures to escape the vicious hand of
me, this makes the relevance of the state still attractive for the Third
World where a certain peculiar leadership, arising of liberal democracy
has to set in motion such economic programmes to pull their territorial
entities up to meet the challenge of globalisation.
Here now lies the challenge of the new democratic order in Nigeria. In
fact, this challenge comes in three- pronged attack of the consuming
reality of our world. These are the three main cannons of globalisation.
Consequent upon this, the Nigerian government must not waste more time
in evolving a well articulated and deftly implemented restructuring,
such that would ride the crest of result-oriented enterprises.
Things, we know, are hard and the citizenry have been driven to the edge
of the wall by lack and institutional neglect but facing the .fact of
our national life, we must begin to adjust to join the world train.
Frankly speaking, it can be mouth-watering to understand that it is
projected that the sum of fifteen billion Naira would be realised from
the sales of such enterprises as projected in Our economic
liberalization policy - privatization. That
vast sum is a compelling attraction, especially if it will be utilized
for the maximization of public-oriented interests, but the contemporary
harvest from the sales, in terms of social accountability, may not have
been some un- arguable positive experience.
the moment, a few discerning minds still harbour palpable and stubborn
fears concerning the implementation of the privatisation programme,
chief among which are as follows:
- that the rich and the influential members of the society will again
corner the wealth of the nation as has been the case with the oil
- the legal framework and regulatory institutions are not going to be
set up against a backdrop of our harrowing economic experience;
- we have entered the third millennium with a distorted and
poverty-ridden economy yet we are moving rapidly to adopt an instrument,
the operationalisation and effects of which could be harmful to our
rural population, but which can however foster equitable prosperity and
social justice within only a balanced growing economy-at best it's like
testing the firing power of a gun on oneself;
in the past fifteen years or there about, the economy of this nation has
not been growing, so it cannot adequately fulfill the fundamental
objectives of privatization;
since the larger population is still ignorant and hungry largely due to
over centralization, the attributes of creativity and initiative in
economic matters are still low;
our banks are not virile and focused, and with their aberrational and
soaring interest rates, the common man will lack the liquidity to meet
the demands of effective participation in the economic liberalization
- who is now articulating, discussing and communicating the policy of
economic liberalisation with the rural dwellers?
and our private sector is not socially responsible in that it has no
limit to its interests in profit maximization and exploitation, all at
the expense of the citizenry, nor are our citizens vigilant enough to
place a healthy tab on the performing officials in the supervisory and
allay these fears, we must address the following economic programmes:
reduce the debt pressure so that the economy can move forward by
retaining enough resources to invest in areas that stimulate economic
raise per capita income to more decent levels;
reverse Nigeria's net negative capital flow through precipitating a
level playing field and competitive environment;
deal with poverty and unemployment decisively.
resuscitate agriculture to make Nigeria self-sufficient in food
production; increase manufacturing capacity.
reverse declining standards in education as a means of preserving and
further developing the country's manpower base; and
improve radically the environment of security and the system of justice
delivery so that the enthusiasm of international investment community
can be kept aflame.
guess I would have achieved one objective in my focus. It is to guide
and warn topnotch citizens and policy makers of the imperatives of
circumspection in this age of globalisation, which apparently cannot
wait for us even as it must come through our territory.
The reality of our blighted rural environment, the damning squalor of
the urban setting, the stagnation of the economy and the attendant
degradation of man in Nigeria, cannot present an impressive frame to
confront issues in the highly competitive, globalising, world.
is time. It is time once again to set the stage to re-float the society
through such values which will open the people to the now universal
values of the sovereign individual -he who is a Nigerian but who can
hold his own end in a vastly sophisticated world.
That done, may be at the parting point between now and the year 2007,
then we resume our stride in the evolving new order, saying, as is
always the case in Enugu State:
To God Be The Glory.
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