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''buhari Must Hear This'' - Cbn Governor, Emefiele, Quoted by ogbonnacomfort: 6:19pm On Oct 29, 2016 |
‘’IF THE QUOTE BELOW’’ which is making round in the social media actually came from the central Bank Governor, it means there is at least somebody in the Administration that understands the simple problem plaguing this nation. The inability of the ministers to catch on this and provide a solution is absolute intention to frustrate Mr President. The Administration should in the interest of the people who believe that Buhari meant well for this country and the interest of the nation in general send the ministers parking if they cannot come up with solutions to this identified problems after three months. A problem identified is as good as solved. If Buhari could do it alone, there would have been no room for Ministers. The woman calling for the sack of the Central Bank Governor should join the voices of impartiality and let’s do one thing right : send the Ministers Home if the National problems persist after three months.` “If I had an hour to solve a problem, I’d spend 55 minutes thinking about the problem and 5 minutes thinking about solutions.” ? Albert Einstein NIGERIA CBN GOVERNOR Gowin Emefiele was Quoted: “It is either I do not understand economics and how exchange rates work or a vast majority of us Nigerians still don’t get how we have wrecked our country with our own curious choices. Just this morning, I was listening to the radio and the lady on air went on and on about how she thought CBN governor, Godwin Emefiele was incompetent and should be sacked because the Naira was now exchanging at 309 or so to the USD. “That view pretty much echoes the sentiments expressed by many people I know and it amazes me that there are Nigerians who actually think there is some magic POLICY that can make the Naira strong in the near term. If my economics and my understanding of the way the world works are right, then that is as far from the truth as Jesus Christ is black. “The simple fact of the matter is that apart from oil that accounts for over 90% of our revenues, we really don’t have much of an economy. We hardly produce anything, we import even toothpicks, so exactly what policy is going to be implemented that will turn Nigeria into a top exporting economy in the near term? Where are our Apples, IBMs, Disneys, GMs, General Electrics, Coca Colas, Empire State buildings, Statues of Liberties, Lockheeds, Citibanks, JP Morgans, ExxonMobils, NBAs, Super Bowls etc? Let me bring that closer home. “There was a time long ago when Nigeria had a truly strong economy and the naira was one to the dollar – even exchanged for higher than the USD, but that Nigeria is not this Nigeria. Sadly that Nigeria was laid by the British, and this Nigeria (if you don’t believe in the nonsensical imperialist conspiracies like me) – fueled by the DAMAGING Indigenization Decree, has been the creation of us Nigerians. Back then we had a booming economy. We were either the top, or among the top exporters, of timbre, cocoa, groundnuts, rubber, palm oil, etc, in the world. Nigerians not only holidayed at home in their villages, at Yankari Games Reserve, at Obudu Cattle Ranch, at Oguta Lake, at Ikogosi springs, at Gurara Falls, at Mambilla Platueau, etc, we attracted international tourists who brought in loads of foreign exchange. Even Nigerian schools were foreign exchange earners because they attracted foreign students. “We had different car assembly plants – Peugeot, Volkswagen, Anamco etc. Nigerian government officials only bought vehicles assembled in Nigeria for official cars. We had a thriving sports industry. We were not Man United or Chelsea fans, we were Rangers or IICC fans. We had the Nduka Odizors, people made money from sports. We also had companies like Lennards and Bata producing school shoes in their thousands, we had the thriving Nigerian Airways and the Aviation School in the north that produced some of the best pilots in the world. In those days if you were brilliant you were respected much more than the crass money-miss-road contractors of today. Most of the Aje Butters I knew had fathers who were university dons. Back then it meant something to ‘know book’. Our textile industry was alive and well. Just recently I watched a news report on the textile industry in Nigeria on CCTV News. Though the main focus was on the comatose status of the industry, I was stunned by the gigantic Kaduna Textile Mill built in 1957. I could go on and on. “Today however, no thanks to our parents (and we must call them out the way Wole Soyinka did his generation) and many of us (and we should be remembered for failing our children if we continue like this), we have destroyed everything. Today for instance Nigerian football (which comes easy to me obviously) doesn’t appeal to us, we have to fly across thousands of miles to watch ‘our’ clubs play. Every year we collectively burn billions of Naira being fans of clubs that give us nothing back, but some ‘entertainment value’ – simple pleasures for which we are ready to destroy the future of our children. “Well people, payback time is here. Even with our ta-she-re money we all want to wear designer clothes and carry designer bags, Armani, Givenchy, Louis Vuitton etc. We all want to drive jeeps with American specs, our children must now school overseas and acquire the necessary accents to come back home and bamboozle their ‘bush and crass’ contemporaries that they left behind. Who holidays in Nigeria anymore, is there Disneyland here? No one buys made-in-Nigeria school bags for their children, after all no Superman or Incredible Hulk or Cinderella on them.“We are no longer top exporters of anything and the demise of oil means we have zilch… zero. A country of 170M fashion- conscious people has no textile industry. We take delight in showing how our made-in- Switzerland Aso Ebi is different class to everyone else’s. When we help our musicians grow and pay them millions, they repay us by immediately shipping the monies overseas to produce their “i-don-dey- different-level” music videos. It makes no difference that distinctly Zulu dancers are dancing to a Nigerian highlife song. continue reading here: http://nowayobloggers.com/news/buhari-must-hear-this-cbn-governor-emefiele-quoted |
Re: ''buhari Must Hear This'' - Cbn Governor, Emefiele, Quoted by SAHACO(m): 6:35pm On Oct 29, 2016 |
Ecomonic vibrant "that was when Nigerians were patriotic, all we have now are bed of strange fellows |
Re: ''buhari Must Hear This'' - Cbn Governor, Emefiele, Quoted by Sunnymatey(m): 6:46pm On Oct 29, 2016 |
Our leaders failed cus they could not provide leadership. Imagine a Governor flying with tax payers money to watch Arsenal play. This is where we need legislation but our lawmaker prefers contituency projects than making laws that will improve our lots. Its a pity indeed 1 Like |
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