How the world is leaving Nigeria behind in everything

151
1323
File Picture

In the last couple of days, the Ikeja Electric has been battling to restore power supply to my area, Journalists’ Estate, Arepo, on the Lagos-Ibadan Expressway, simply as a result of a faulty transformer, which is as old as the estate itself. The transformer develops faults every other week while sometimes it will take the Ikeja Electric’s engineers days to rectify the fault.

This was a localised problem and notwithstanding the general malaise plaguing the entire power supply chain in the country. After 57 years of independence, Nigeria has not been able to generate enough energy to meet the need of its teeming population. According to the statistics from the Ministry of Power, Works and Housing, Nigeria currently has the capacity to generate an estimated 7,000 megawatts of electricity but only is able to distribute 4,000 megawatts at the peak period.

Our economic problems as a nation revolve around our inability to do what is right and just to propel us to achieve all-round development that will bring good life to the citizens.

In other climes where things work as they should be, planning is at the core of their developmental agenda. The power sector is just one of the areas we, as a nation, are lagging behind. In Ghana, the government has projected to secure 3,000 megawatts of electricity by 2020 to the already installed capacity. The same thing obtains in South Africa, which currently produces around 53,819 megawatts and still aims to increase generation capacity through other means.

But in Nigeria, huge resources have been deployed to fund power generation since the start of the present democracy, yet we have not been able to progress beyond the so-called 7,000 megawatts.

Apart from the aging equipment, which has continued to frustrate stable power supply, millions of Nigerians in the rural areas are cut off completely from power supply because they are not even connected to the national grid.

The same story is our lot in the petroleum sector of the economy, where fuel supply for local consumption depends largely on importation because all the refineries built years back are already obsolete and are performing below the optimal installed capacity.

With billions, in both local and foreign currencies, expended to carry out turnaround maintenance on the refineries, we have yet to get the right value for the money spent. This is so unfortunate because as an oil producing country, we are compelled to swap our crude oil for finished products to enable us to meet domestic needs. Our nation should have been a major supplier of finished products to the West African coast if we had properly put in place plans to maximise the advantage of our status as an oil producing country.

Again, as a nation, we are falling short of all expectations to find an end to fuel importation to meet domestic consumption. Our best bet to stop huge foreign exchange being lost to fuel importation is the ongoing Aliko Dangote’s 660,000 barrel per day capacity refinery when it finally comes on stream in 2019.

Our capacity to leverage our abundant landmass to produce enough food both for domestic consumption and export has also been challenged as a result of government’s lack of foresight to plan for the future.

In spite of the noise by government agents on improved rice production, millions of tonnes of rice are still being imported into the country, both from direct and directly, through our porous borders. One of the major yardsticks to measure our progress on food production is our consumer inflation index. While the figure has slowed down for the last six consecutive months to around 15.98 per cent on annualised basis, the food index has persistently remained high. This means that all the efforts at increasing capacity for local food productions have not yielded the right results.

We are being left behind by the whole world simply because we operate the so-called African time in our planning. While the rest of the civilised world is setting target dates on their development goals, we are still struggling to even keep up with the little that was achieved by our forefathers.

For instance, in the United Kingdom, the city of Oxford has set a target for all new vehicles to be electric or ultra-low emission by 2040. What this simply means is that by the target year, the major city in the UK would have done away with vehicles using petrol and diesel to reduce the level of emission. Already, all hands are on deck to achieve this aspiration.

In Nigeria, even though we have what is termed the Medium-Term Expenditure Framework and Fiscal Strategy, which captures our spending plans at the federal level, the question is how much of it we do religiously follow in execution.

Aside from the fiscal policy, how much of research from our tertiary institutions is going into our national policymaking process? What is our national goal for the petroleum industry, which lays the golden egg that keeps our economy going for instance?

The whole world is already on the road to phase out the use of petrol and diesel consuming vehicles with a set target date. Yet, here in Nigeria, we have not been able to fix our refineries to even keep the petrol supply for our local consumption let alone join the electric car revolution.

In Germany, energy supply is predominantly sourced from fossil fuels, followed by nuclear power, biomass (wood and biofuels), wind, hydro and solar.

According to Wikipedia, “Key to Germany’s energy policies and politics is the ‘Energiewende’, meaning “energy turnaround” or “energy transformation”. Germany intends to eliminate current use of nuclear power by 2022. Some plants have already been closed ahead of their intended retirement dates.”

Across the globe today, many countries are setting targets to realise their goals on food sufficiency, economic growth, population, cleaner environment and good governance. To them, the targets being set are sacrosanct and they are tenaciously working towards the set goal by deploying all needed resources to attain such.

But we are left behind by the whole world today because of our focus as a nation and the lack of priority to develop as fast as we could. Our educational institutions that should have been our fulcrum of development through research are in a shambles. The research institutions set up to galvanise our development strategy have been left in ruins due to underfunding and corruption. Large numbers of our best hands have migrated abroad in search of the green pastures because our politicians have hijacked the instruments of power for their selfish interest.

The sitcom television drama produced by the late poet and environmentalist in the 1980, Ken Saro-Wiwa, with the refrains, “To be a millionaire, think like a millionaire”, reminds me of our lack of thinking as a nation. To be like the developed world, we must start thinking like them.

Our people should learn to put our best into public offices and ensure that self-seeking politicians are not the one ruling us.

Our institutions of governance should be overhauled to make sure that merit supersedes nepotism and favouritism in our appointments in institutions of government.

If there is any lesson to be learnt from the Vision 2020 produced during the late Gen Sani Abacha regime, the present government should not hesitate to dust the document up and start implementing relevant portions and modify others to suit our present development needs and goals.

The attitude of throwing money at every challenge must stop, while proper planning to actually determine which direction our nation should pursue must hence take the front seat.

We have the resources, both the personnel and materials, to attain the right developmental goals for our nation if indeed we would like to reverse the order and be counted among the nations of the world that are moving forward. A clearer picture of a desirable future that will bring peace, prosperity and justice and fairness should be developed and pursued by the government if indeed their change mantra means anything to them.

It is time for us to deploy our best hands in all sectors of the economy to help tackle difficult areas of development and help draw the blueprint to take our nation from the Third World country to the developing one in the shortest possible time.

Mayowa is a Lagos-based international financial journalist

 

151 COMMENTS

  1. Nice post. I was checking continuously this blog and I am impressed! Extremely useful info specifically the last part 🙂 I care for such info much. I was seeking this particular info for a long time. Thank you and best of luck.

  2. Thanks a lot for writing the idea, I saved this site. I am also looking for guidance regarding family dentistry, are you aware exactly where I could come across something such as that? I will be back in a little while!

  3. I simply want to mention I am very new to blogging and site-building and really liked this blog. Probably I’m going to bookmark your blog . You definitely have superb writings. Cheers for revealing your website page.

  4. Faytech North America is a touch screen Manufacturer of both monitors and pcs. They specialize in the design, development, manufacturing and marketing of Capacitive touch screen, Resistive touch screen, Industrial touch screen, IP65 touch screen, touchscreen monitors and integrated touchscreen PCs. Contact them at http://www.faytech.us, 121 Varick Street, New York, NY 10013, +1 646 205 3214

  5. MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks, Large Touch Screen Displays , Monitors, Digital Signages and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks, Touch Screen Monitors and Digital Signage. Visit MetroClick at http://www.metroclick.com/ or , 121 Varick St, New York, NY 10013, +1 646-843-0888

  6. I really need to inform you that I am new to wordpress blogging and pretty much valued your website. Likely I am likely to store your blog post . You undoubtedly have stunning article material. Be Grateful For it for discussing with us your current web document

  7. MichaelJemery.com is a site with many hypnosis downloads. Whether you are looking for free hypnosis downloads, self hypnosis download for mp3, video and any audio files, Michael Jemery has the downloads for you. You can download hypnosis from apps, audio, mp3 and even youtube !

  8. Hello, Neat post. There is a problem with your website in web explorer, might test this… IE still is the marketplace chief and a large component to folks will miss your magnificent writing due to this problem.

  9. Thank you for sharing excellent informations. Your website is so cool. I am impressed by the details that you’ve on this blog. It reveals how nicely you perceive this subject. Bookmarked this web page, will come back for extra articles. You, my pal, ROCK! I found simply the information I already searched everywhere and simply couldn’t come across. What an ideal website.

  10. Keep up the superb piece of work, I read few blog posts on this internet site and I conceive that your blog is really interesting and contains sets of superb information.

  11. you’re actually a good webmaster. The site loading velocity is incredible. It seems that you are doing any unique trick. Furthermore, The contents are masterpiece. you’ve performed a magnificent process in this topic!

  12. Usually I do not read post on blogs, but I would like to say that this write-up very pressured me to take a look at and do it! Your writing taste has been amazed me. Thank you, quite great post.

  13. I wanted to post a simple message so as to express gratitude to you for these stunning tactics you are showing on this website. My prolonged internet search has finally been rewarded with professional suggestions to share with my classmates and friends. I would state that that we site visitors actually are undoubtedly blessed to exist in a perfect website with many outstanding people with good things. I feel rather blessed to have encountered the web site and look forward to so many more cool moments reading here. Thank you again for a lot of things.

  14. I loved as much as you will receive carried out right here. The sketch is attractive, your authored material stylish. nonetheless, you command get bought an edginess over that you wish be delivering the following. unwell unquestionably come more formerly again as exactly the same nearly a lot often inside case you shield this hike.

  15. Normally I don’t read post on blogs, however I would like to say that this write-up very pressured me to take a look at and do so! Your writing style has been surprised me. Thank you, quite nice article.

  16. I’m really impressed with your writing skills and also with the layout on your weblog. Is this a paid theme or did you customize it yourself? Anyway keep up the excellent quality writing, it is rare to see a great blog like this one today..

  17. Generally I don’t read article on blogs, however I wish to say that this write-up very compelled me to check out and do so! Your writing style has been surprised me. Thanks, very great post.

  18. Thanks for each of your labor on this web site. My daughter enjoys going through internet research and it’s easy to understand why. We all learn all relating to the compelling way you give valuable tips and hints on your web blog and as well improve response from other people on this issue while our girl is actually discovering so much. Enjoy the remaining portion of the new year. You have been carrying out a good job.

  19. naturally like your web-site however you have to take a look at the spelling on quite a few of your posts. A number of them are rife with spelling issues and I find it very troublesome to tell the reality however I will certainly come back again.

  20. Excellent read, I just passed this onto a colleague who was doing a little research on that. And he just bought me lunch since I found it for him smile So let me rephrase that: Thanks for lunch!

  21. I have recently started a web site, the info you offer on this site has helped me tremendously. Thank you for all of your time & work. “The more sand that has escaped from the hourglass of our life, the clearer we should see through it.” by Jean Paul.

  22. Hi my family member! I wish to say that this article is amazing, great written and come with approximately all important infos. I would like to look extra posts like this.

  23. you’re truly a excellent webmaster. The site loading velocity is amazing. It sort of feels that you’re doing any unique trick. Also, The contents are masterwork. you have done a magnificent task on this topic!

  24. I like this post, enjoyed this one appreciate it for posting. “To the dull mind all nature is leaden. To the illumined mind the whole world sparkles with light.” by Ralph Waldo Emerson.

  25. You actually make it seem so easy with your presentation but I find this topic to be really something that I think I would never understand. It seems too complicated and very broad for me. I’m looking forward for your next post, I’ll try to get the hang of it!

  26. I have not checked in here for some time since I thought it was getting boring, but the last several posts are great quality so I guess I¡¦ll add you back to my everyday bloglist. You deserve it my friend 🙂

  27. Hello, Neat post. There’s an issue along with your site in web explorer, may test this… IE nonetheless is the market leader and a good part of people will leave out your excellent writing due to this problem.

  28. I’ll right away seize your rss feed as I can not in finding your e-mail subscription hyperlink or e-newsletter service. Do you’ve any? Please allow me understand so that I could subscribe. Thanks.

  29. I truly wanted to develop a quick message in order to thank you for the nice tips and hints you are showing here. My particularly long internet investigation has at the end of the day been rewarded with reliable facts and techniques to talk about with my friends and family. I ‘d admit that many of us website visitors are quite lucky to be in a fabulous community with many marvellous people with good solutions. I feel really grateful to have come across the web site and look forward to really more fabulous times reading here. Thank you once more for a lot of things.

  30. You can definitely see your expertise in the work you write. The sector hopes for more passionate writers like you who aren’t afraid to say how they believe. All the time follow your heart. “If the grass is greener in the other fellow’s yard – let him worry about cutting it.” by Fred Allen.

  31. I really like your writing style, great information, thanks for posting :D. “You can complain because roses have thorns, or you can rejoice because thorns have roses.” by Ziggy.

  32. Fantastic website. A lot of helpful information here. I’m sending it to several friends ans additionally sharing in delicious. And certainly, thank you on your effort!

  33. Wow! This could be one particular of the most beneficial blogs We’ve ever arrive across on this subject. Basically Fantastic. I am also a specialist in this topic therefore I can understand your hard work.

  34. I simply could not go away your web site prior to suggesting that I really loved the standard information an individual supply in your guests? Is going to be again frequently in order to check out new posts.

  35. I have been absent for some time, but now I remember why I used to love this blog. Thank you, I’ll try and check back more frequently. How frequently you update your site?

  36. I think this is one of the most significant info for me. And i’m glad reading your article. But want to remark on some general things, The website style is ideal, the articles is really great : D. Good job, cheers

  37. Fantastic goods from you, man. I have understand your stuff previous to and you’re just extremely magnificent. I actually like what you have acquired here, really like what you’re saying and the way in which you say it. You make it entertaining and you still care for to keep it sensible. I can not wait to read far more from you. This is really a tremendous website.

  38. hello!,I like your writing very much! percentage we be in contact extra about your post on AOL? I require a specialist in this house to unravel my problem. May be that is you! Having a look forward to see you.

  39. Hi there, You have done an incredible job. I’ll certainly digg it and personally recommend to my friends. I’m sure they’ll be benefited from this site.

  40. It is in point of fact a nice and useful piece of information. I’m glad that you simply shared this useful information with us. Please keep us informed like this. Thank you for sharing.

  41. I believe this internet site holds some very fantastic information for everyone :D. “Experience is not what happens to you it’s what you do with what happens to you.” by Aldous Huxley.

  42. I was incredibly pleased to locate this site. I wanted to thanks for your time for this amazing read!! I certainly enjoying each and every small bit of it and I’ve you bookmarked to check out new stuff you blog post.

  43. Hi there, just became aware of your blog through Google, and found that it’s truly informative. I’m gonna watch out for brussels. I’ll appreciate if you continue this in future. A lot of people will be benefited from your writing. Cheers!

  44. I think this is one of the most important info for me. And i am glad reading your article. But should remark on few general things, The site style is perfect, the articles is really nice : D. Good job, cheers

  45. Thanks a lot for giving everyone an extraordinarily spectacular chance to read critical reviews from this site. It is usually so excellent and stuffed with a great time for me and my office mates to search your site particularly thrice per week to learn the fresh tips you have. And lastly, I’m just always fascinated concerning the wonderful advice served by you. Certain two facts on this page are undeniably the most effective we’ve had.

  46. It’s actually a nice and helpful piece of information. I’m happy that you simply shared this helpful information with us. Please keep us informed like this. Thanks for sharing.

  47. I’ve been surfing online more than 3 hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. In my view, if all webmasters and bloggers made good content as you did, the internet will be a lot more useful than ever before.

  48. 787634 866868Likely to commence a business venture around the refers to disclosing your products and so programs not just to individuals near you, remember, though , to several potential prospects far more by way of the www often. earn cash 394756

  49. I was just seeking this info for some time. After six hours of continuous Googleing, at last I got it in your web site. I wonder what is the lack of Google strategy that do not rank this kind of informative web sites in top of the list. Generally the top sites are full of garbage.

  50. Nice blog here! Also your site loads up very fast! What web host are you using? Can I get your affiliate link to your host? I wish my web site loaded up as quickly as yours lol

  51. I have to express some thanks to you just for rescuing me from this situation. Just after surfing through the search engines and coming across notions which were not beneficial, I assumed my life was over. Being alive minus the strategies to the difficulties you’ve fixed as a result of your entire posting is a serious case, and those that might have badly damaged my entire career if I had not noticed the website. Your primary understanding and kindness in handling all things was priceless. I am not sure what I would have done if I hadn’t come upon such a solution like this. I can also at this point relish my future. Thanks for your time very much for your professional and amazing guide. I will not think twice to suggest your blog to anybody who should get tips about this issue.

  52. hello there and thank you for your information – I’ve definitely picked up something new from right here. I did however expertise some technical issues using this website, since I experienced to reload the web site lots of times previous to I could get it to load properly. I had been wondering if your web hosting is OK? Not that I am complaining, but slow loading instances times will often affect your placement in google and can damage your high-quality score if ads and marketing with Adwords. Well I am adding this RSS to my e-mail and could look out for a lot more of your respective exciting content. Make sure you update this again very soon..

  53. I think this is among the most significant info for me. And i’m glad reading your article. But want to remark on few general things, The site style is great, the articles is really nice : D. Good job, cheers

  54. Thanks , I’ve just been looking for information about this topic for ages and yours is the greatest I have found out so far. However, what in regards to the bottom line? Are you certain about the supply?

  55. I will right away snatch your rss feed as I can’t to find your email subscription hyperlink or e-newsletter service. Do you’ve any? Please allow me know so that I could subscribe. Thanks.

  56. Hello there, just became aware of your blog through Google, and found that it is really informative. I am going to watch out for brussels. I’ll be grateful if you continue this in future. Numerous people will be benefited from your writing. Cheers!

  57. Hi, i think that i noticed you visited my weblog thus i came to “return the want”.I’m attempting to find things to enhance my web site!I suppose its good enough to use a few of your ideas!!

  58. You could certainly see your expertise within the paintings you write. The sector hopes for more passionate writers like you who aren’t afraid to mention how they believe. Always follow your heart.

  59. I¡¦ll right away take hold of your rss as I can’t in finding your e-mail subscription link or e-newsletter service. Do you have any? Please let me understand so that I may just subscribe. Thanks.

LEAVE A REPLY

Please enter your comment!
Please enter your name here