Showing posts with label Dark Ages. Show all posts
Showing posts with label Dark Ages. Show all posts

Monday, September 5, 2022

If Looters Had Built On Old African Technologies

 By Farouk Martins Aresa

What discovery, institution, plant or industry has these billionaire politicians established? They pick and choose billionaires that make returns as kickbacks. It is an insult on African Youths' intelligence when those choosing politics for retirement home promised to be the one to revitalize the economy after destroying the same all their lives.

When Virgin Airlines could not stomach the money, shares and partnerships demanded in kickbacks from politicians that had absolutely nothing to contribute, they ran out of Nigeria. Though, Airlines are still making money, they cannot take their profits out forcing local travelers going abroad to purchase their tickets in the U.S dollars.

Intellectual properties have been patented as the most guarded secrets because of the billions collected when copied and improved for local use. What is lost in the claims at the World Trade Organization and the local courts is how these technologies move from one country to another. The Americans are making billions from these claims as they accused the Japanese and the Chinese of stealing their intellectual properties.