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Why Nigerians Must Not Perish As Fools

Many Nigerians and foreigners have recently advocated for the disintegration of Nigeria which I know is not the best solution in ending the security challenges been faced in the country,especially that of terror. I am optimistic that many Nigerians who witnessed the last Biafra-Nigeria civil war will not want either a repetition or a replica of

such. A second thought on the issue of disintegration will show it is bound to be bloody and traumatic.

Other attributed factors are as follows:

Loss of lives and destruction of properties will be recorded;

Millions of those who may likely survive it will be displaced, while many others will be forced to seek refugee status around the subregion and many of those burgeoises instigating this disintegration won't be in he battle field, they will seek solace in foreign countries with all their wealth, the poor will fight and die and the burgeoises will return to enjoy peace;

There will be wide spread poverty and the living standards will fall which will be greeted by malnutrition and starvation especially among the poorer segment of the society;

Arms will proliferate which will lead to a breakdown of laws and orders, tribal armed battles will occur regularly and human rights will be violated.

Record has it that the civil war in Liberia with a population of 22million people, more than 2million people were displaced with 4million people dead. We must really learn to live as a people or we will perish as fools

The problems with Nigeria as a country are multi-dimensional and unless critical steps are taking by all of us, we may remain at this stage of backward orientation for sometime.

The kind of politics will play is highly capital intensive and demands that you either might have sold all your properties or borrowed money to prosecute your campaign activities. The electorates in Nigeria do not listen to promises because they already know that our politicians are not sincere.

One other thing is the kind of demand people will be making from you as a public office holder and some of these, we all know, a hundred million naira monthly salary cannot even meet. Therefore, can somebody tell how politicians will perform in the office? One other serious issue has to do with fiscal responsibility and accountability.

At the end of month, Federal, States and LGAs collect their money from Federation Account only to come back next month for another allocation. Who care what happened to the last amount collected, nobody care. Will it not be better if for all monies collected, you render account on how it is expended before collecting another one.

I know somebody is going to tell me that it is not stated in our constitution that retirement of money should be done before collecting another one. But the constitution is a dynamic document that should reflect the situation of a society and the only permanent thing in the constitution is continuos amendment.

If we can do these by setting standard on the percentage that should go into both Capital and Recurrent Expenditure to allow for serious Capital Projects development and prevent somebody from telling us he has used all our money to pay salary, allowances and security vote. We should take the matter to our individual level of you releasing money to your Bricklayer to build a house for you and you do not even care to go the site and monitor the progress of job done. My friends, you are just throwing you hard earned money into Gulubi River.

Funny enough, you may not be able to recover a single kobo even with all the investigation and forces because it is your fault. Some of the prosecuted Governors, I bet it are not that rich because they have squandered the so called billions. Some States are in serious debts from money borrowed from Commercial Banks.

You as an individual or even Corporate Bodies would go through lots of stress of feasibility preparation for economic viabilities, presentation of collateral and finally you will be denied because the Head Office placed embargo loans. The same bank will make money available for States without asking a single documents on feasibility, viability and ability to pay back just because their account is domiciled with them and deductions take effect as soon is Federation Account money is released.

I just wondered how CBN is allowing these Economic Bigotry to continue. Every States borrowing must present all documents necessary and Bank must make sure the project for which money is been borrowed have the capacity of paying back the loan otherwise they do it at their peril. The loan must be Commercial Loan and not Political Loan.

My suggestion is we should try and set up Economic Crime Prevention Commission (ECPC) and transfer EFCC+ICPC there as a Department to prosecute those who mismanage public funds by not rendering a good returns and retirement of their monthly collections may be within a grace of just THREE MONTHS not allowing somebody to mess up a State for a whole eight years before realizing he is corrupt! With these, we are preventing Economic Crime, protecting Public Office Holders and securing the future of incoming generations by developing our various infrastructure.

Comrade AremuforYouths

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