Showing posts with label Paris Club. Show all posts
Showing posts with label Paris Club. Show all posts

Wednesday, October 23, 2024

That Message From The World Bank

 By Sunny Ikhioya

Last week, the Senior Vice President of the World Bank group, Mr Indermit Gill, addressed the Nigerian Economic Summit Group and made profound statements. But what caught the attention of most Nigerians was his statement that: “This is only the beginning. Nigeria will need to stay the course for at least 10 to 15 years to transform its economy and become an engine of growth in Sub-Saharan Africa.” 

Nigerians are asking: why do we need a whole 15 years to get out of the woods? If the leadership does the right thing, can’t we achieve significant progress within a regime circle of four years?

Tuesday, January 31, 2023

Towards A New And Better Nigeria (2): Obi’s ‘No Shishi’ As Political Contract

 By Pieray Awele Odor

I am an OBIdient! I cannot hide my choice or pretend about it. I have told my friends this as we discussed the man who merits to be the next president among the contestants for this highest position in Nigeria and, as Mr. Boris Johnson said, “The best job in the country”; not the best job for me though! I have also told them that what is important is why anyone supports any candidate.

*Obi

This should be the basis for discuss about who should be the next president. I chose to support Mr. Peter Obi because of his four bases for asking Nigerians to vote for him. These are “No shishi”, “Character”, “Track record” and Trust”. This is unique in Nigerian politics! Indeed it is phenomenal! In this piece, as contribution Toward a New and Better Nigeria, I shall discuss “No shishi”.

Thursday, April 13, 2017

Not By Salary Alone

By Paul Onomuakpokpo 
What the citizens would be confronted with at the end of the squabble between Kaduna State Governor Nasir El-Rufai and the Speaker of the House Assembly Yakubu Dogara is not a resolution of the crisis that redounds to the transparency of their financial dealings. For the more either of the parties strives to portray himself as the poster boy for fiscal prudence, the darker the opacity that surrounds their remuneration becomes.
*House Speaker, Yakubu Dogara and
Gov Nasir e-Rufai of Kaduna 
Clearly, we cannot indict these officials for financial impropriety. That is a job for the anti-graft agencies and the courts. However, they represent the political class who has been identified with profligacy. In that case, it may be difficult for them to extricate themselves from the cesspool of corruption that has engulfed the entire political class from the heady days of the oil boom when our leaders did not know what to do with money, through the military era and the current democratic dispensation. For if there had been transparency in the financial dealings of our public officers, this spat would not have arisen. It is because of the lack of transparency that there have been speculations about the humongous salaries of our political office holders. Obviously, the National Assembly and other arms of the government have been so secretive about their remuneration because it is in stark contrast to the nation’s economic crisis that has impoverished the majority of the citizens. 
If the lawmakers were keen on bequeathing a legacy of transparency in their financial dealings, they would not have needed an El-Rufai to prod them onto this path. In the past two years since this democratic dispensation, there have been recurrent calls for the National Assembly to make public their remuneration. Their failure to heed these calls has led to a situation where the citizens have come out with a comparison of the remuneration of lawmakers here and that of their counterparts in other parts of the world. The citizens are shocked that lawmakers here are the highest paid in the world. This is despite that they are not as committed to their duties as their counterparts and the fact that in such other nations, their economies are more developed than ours and thus they have more money to pay their lawmakers higher salaries.