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Amina Mohammed: Okonjo-Iweala Got Nigeria Out Of Debt, But We're Back There - Politics (10) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Amina Mohammed: Okonjo-Iweala Got Nigeria Out Of Debt, But We're Back There (39909 Views)

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Re: Amina Mohammed: Okonjo-Iweala Got Nigeria Out Of Debt, But We're Back There by EternalTruths: 7:04am On Sep 15, 2018
Felixv:





I have never heard of a foreign company building roads in another country ----I have been to Ireland -the roads are good,there is no power disruption,and it is a fairly decent place to live -dublin and cork being their two major cities. They also have some very good colleges led by Trinity college.
It is true their corporation tax is low but they also offered a lot more -i.e business parks and grants so companies like ibm,Microsoft and pay pal can setup shop there.

But the US with their high corporation tax also attracts a considerable amount of investment also.

There is no shortcut too true industrialization --this is what we need to bring the type of jobs we need --where thousands would be enployed.


First and foremost, I want to thank you for acknowledging & highlighting my point below


" The Infrastructures we are shouting up and down about, would have been built by those companies in order to make the environment business friendly for themselves since they are not being taxed.
The power stations, railways, airports, seaports, roads to the ports & population centers, etc would have been developed by them. " by Eternaltruths.




As for the issue of roads, companies have fixed roads that are essential to their ease of doing business especially roads leading to population centers & ports.


In the East of Nigeria, the major problem is that, when companies & communities try to repair bad roads, government officials do stop them because they the government officials want to always have a cover up to keep looting money by awarding the repairs/constructions of those roads every budget year.

Eg

Amaechi told Wike not to fix Aba - Port Harcourt express road because of political hatred for each other.


So, we need laws that can stop government officials from stopping people/businesses from repairing roads that they seek to fix without charging a dime from the public.



As for electricity, Nigeria will never solve the issue until three things are done:

1) Tax exempt electricity companies.

2) Arrest people for illegal connections.

3) Find a technological way of making it impossible for defaulters to illegally reconnect their electricity.




Jomonic, have you watched those videos including the Men Who Built America.

1 Like

Re: Amina Mohammed: Okonjo-Iweala Got Nigeria Out Of Debt, But We're Back There by Felixv: 11:40am On Sep 15, 2018
EternalTruths:



First and foremost, I want to thank you for acknowledging & highlighting my point below


" The Infrastructures we are shouting up and down about, would have been built by those companies in order to make the environment business friendly for themselves since they are not being taxed.
The power stations, railways, airports, seaports, roads to the ports & population centers, etc would have been developed by them. " by Eternaltruths.




As for the issue of roads, companies have fixed roads that are essential to their ease of doing business especially roads leading to population centers & ports.


In the East of Nigeria, the major problem is that, when companies & communities try to repair bad roads, government officials do stop them because they the government officials want to always have a cover up to keep looting money by awarding the repairs/constructions of those roads every budget year.

Eg

Amaechi told Wike not to fix Aba - Port Harcourt express road because of political hatred for each other.


So, we need laws that can stop government officials from stopping people/businesses from repairing roads that they seek to fix without charging a dime from the public.



As for electricity, Nigeria will never solve the issue until three things are done:

1) Tax exempt electricity companies.

2) Arrest people for illegal connections.

3) Find a technological way of making it impossible for defaulters to illegally reconnect their electricity.




Jomonic, have you watched those videos including the Men Who Built America.

The politicians have never put the people first ,they have always taken us for granted. Obj didn’t allow Tinubu bring power to Lagos - the Enron deal, I know the company eventually had problems.

The same thing with the Lagos Ibadan road where Jonathan cancelled the concession with the company own by babalakin - now we have the senate cutting the budget for that same road.

I really believe the government and the private sector should come up with a development plan and then stick to it —they should also include the NASS.

It is now obvious that the role of the senate president is critical to any plan by the government so they have to ensure that the right person is elected — What Saraki did should never be allowed to repeat it self again.

We know Dangote has offered to fix the soap road but that is not common in this country unless it is of benefit to the company directly.
Re: Amina Mohammed: Okonjo-Iweala Got Nigeria Out Of Debt, But We're Back There by ochallo: 9:55pm On Oct 02, 2018
CodeTemplar:
If she takes credit for the increase of reserve in her first stint as finance minister who takes the blame for the depleted reserves in her second stint ?

Why didn't she redo it the second time if it was largely her doing the first time?


you are mad? didn't you read where governors took fg to court so that they could share money?
Re: Amina Mohammed: Okonjo-Iweala Got Nigeria Out Of Debt, But We're Back There by CodeTemplar: 1:07am On Oct 03, 2018
ochallo:



you are mad? didn't you read where governors took fg to court so that they could share money?
You are not normal.
Why did the governors go to court? NOI was depleting the reserve at federal level and the governors had no choice than to go to court.
Re: Amina Mohammed: Okonjo-Iweala Got Nigeria Out Of Debt, But We're Back There by gssdobi: 4:03am On Oct 03, 2018
Nigerian youths lack depth. The point, she was trying to make is this. If should stop handing us and Other African countries just money, BUT ALSO SHOULD MAKE DELIBERATE EFFORTS LIKE THE CHINESE TO MAKE THE DEBT WORTHWHILE. BY THE TIME WE START SEEING I'D FOR WHAT THEY STAND FOR, WE KNOW THAT THE PROBLEM IS BEYOND IPOB FINANCE MINISTER VS AFONJA FINANCE MINISTER. IT IS ABOUT EUROPE VS AFRICA, THEY WANT US TO BE FULLY INDEBTED TO THEM. THEIR MARKET CRASHES ONCE WE START TO PRODUCE MOST OF WHAT WE CONSUME, THE STRATEGY IS TO USE OUR KLEPTOMANIAC LEADERS TO KEEP US FOR EVER IN DEBT. IF THE IMF REALLY CARES, WHAT DO THEY HAVE AGAINST CHINA.?THINK!!!!!
Re: Amina Mohammed: Okonjo-Iweala Got Nigeria Out Of Debt, But We're Back There by gssdobi: 4:04am On Oct 03, 2018
Nigerian youths lack depth. The point, she was trying to make is this. IMF should stop handing us and Other African countries just money, BUT ALSO SHOULD MAKE DELIBERATE EFFORTS LIKE THE CHINESE TO MAKE THE DEBT WORTHWHILE. BY THE TIME WE START SEEING IMF FOR WHAT THEY STAND FOR, WE KNOW THAT THE PROBLEM IS BEYOND IPOB FINANCE MINISTER VS AFONJA FINANCE MINISTER. IT IS ABOUT EUROPE VS AFRICA, THEY WANT US TO BE FULLY INDEBTED TO THEM. THEIR MARKET CRASHES ONCE WE START TO PRODUCE MOST OF WHAT WE CONSUME, THE STRATEGY IS TO USE OUR KLEPTOMANIAC LEADERS TO KEEP US FOR EVER IN DEBT. IF THE IMF REALLY CARES, WHAT DO THEY HAVE AGAINST CHINA.?THINK!!!!!
Re: Amina Mohammed: Okonjo-Iweala Got Nigeria Out Of Debt, But We're Back There by Sonoyom(m): 12:22am On May 06, 2021
The grand plan is finally unfolding, loot as much as you can in preparation for eventualities such as break up or true federalism.

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