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Yes, still listening to Breakfast Connect
on Africa Business Radio. If our independence
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to addition sixty years it's been,
Nigeria has surely come a long way in
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the spirit. We've seen one civil
war, one assassinated head of stage,
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another has died in office, a
president also has died in office. And
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in between all these there have been
cools and coup plots, economic boom and
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glue. So as we go along
in our conversation, we want to look
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back at the Nigerian economy and everything
in between in the last sixty years.
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Joining me in the conversation is Alistair
Wilcox. He is a chartered accountant,
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so Nigeria is sixty. This anniversary
is traditionally depicted with the pressure stone diamond.
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But economy wise, do we have
the valuation of a rare diamond?
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And if not, why yes,
then everything to shoot diamonds. But the
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will were I think sixteen because they
will we today a lot as g a
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lot as for condo, a lot
of lange bits of condot. If you
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talk of the public past structure,
we've gone fast to my family complexity.
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But there's everything to about, so
basically it's not his job. A lot
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of countries didn't make it the six
place. They broke up and everything but
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Bill really named and Julia was meant
for the past three years, something that
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I think something that was learning from. In the sixty years have existed as
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a nation, we have had twenty
one on interrupted years of civilian rule in
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that period. Nigeria's GDP, according
to the World Bank, has grown sixfold
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in nineteen ninety nine, despite Nigeria's
versus oil wealth, GDP was a mayor
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fifty nine point thirty seven billion dollars
as at twenty eighteen. However, that
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figure skyrocketed to three hundred and ninety
seven billion dollars, which is quite commendable.
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It rolls the highest in twenty fourteen
when we sold oil at a little
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over one hundred dollars per barrel.
But capital the picture is totally different,
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with FDB data showing one hundred and
fifty two million Nigerians live on less than
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two dollars a day. What's your
response to that? Thank you very much?
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Number one. When anybody play one
people two million ninetys, well,
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if you got kick seventy about sixty
hundred, we wanted to two millions nat
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living. You know soon two dollars
a day into this extreme even even like
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take me, I es they are
for fifty year, about nine hundred that
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day and if you walked two million
are living that they have did the contract
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then achieve that, I mean achieved
that the dele so that you're not saying
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that there are only about forty eight
million are working for any reasonable income that
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can be true. So they too
because either from possible perspecting or just somehow
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to want to slide in control grip
any kind of that kind of a bill
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is true. It's very populated in
the country. I think legs everything can
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legal. Let go consverativist thing.
Let me say to the five billions people,
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even though I like you who don't
have a presence of well, keep
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imagining our population level. Think be
legals to be very very most popularity in
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the country. Five billion people are
telling me that twenty millions the legation are
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living because the last day. Now
take Cannon, the second most of lake
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in the country. I have let's
say, lot my minors, let's get
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kind of a million. Are you
saying twelve million the candle's living below to
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the last day? So what ly
this because we just standish any because I
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want to and begins to create,
make fast, give our people selfishistic attitude,
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and never keep shouting we're hungry.
They're hungry there hungry maybe the average
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mother and I that day at my
book. If so, this one of
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the unities. I don't want to. I don't I don't want to stund
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social. I want to start the
economy account. I don't want to stand
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social when we go to the street. The work was the question is the
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biggest I thought that it was because
when you go through to be launch and
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I've breached legation and agree your goad
of man. The mather car is a
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lab. The lab the matter card
is job in the market. When he
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goes to at the sometimes his first
fummer and now the narror to eat.
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That is when he that launch,
not first in. And when he's a
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room in his wife was family to
So sometimes did you talking about the economical
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because the man what remain may say, was this wild We didn't imprest the
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motion just so when the oil price
goes up, and our he did grew
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up when the price droned down.
Our discus for that in restant time with
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the last for in the last five
years of five years we have seen the
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fact we have the soject of informa
so initiated as the culture has the speaking.
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It's one for that right now that
is lop more money. It's just
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a populi. The more money people
are by, we're not funding what we
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got a cross for it and now
putting together there's not a culture. I
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thought about how much that will have
with you that I tell you ship.
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We are not counting our business right, that's just that's cracking. Of course
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that's to do with population. Our
corporation is good ex fodanciality, that's what's
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the must love. So our publish
is good expotancially. So what is the
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thing that happen? But it's very
true because of the population. If we're
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not to anything about that pompolition,
we keep seeing that prodcast talk. What
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is the polition of quickly in the
fifty different focuses about forty five million?
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Forty five million, he said,
look, he's not for seven million.
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That's work. They're still run.
The fire was never for seven million.
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The diver was about for the five
but they do it for the million.
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Now it will come back after income. I think it despie what the person
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what the perfinen that what a persisy
like this was denied, but even I
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said that denied. Compare our publish
then and now you know what this is.
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So by time you share, you
share this populiation. It would be
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very nice work. That was what
me that my figure when we get individual
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number, what doesn't reason our really
population well exhibiting for what convenience? Is
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our polution? Milish I can't.
I can't make sure of that, but
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let's work with the fig and our
agility is hid. That works because it's
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lots of our activities are not recorded. There's lots of an act. I'm
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not part of it. You see
equations, so were we found them?
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Our gidd and well, first project
our couplission. What you have is equally
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from in terms of our our our
our group pleasure and our true and then
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join economy has seen a lot of
promise during its longest civilian rule. Can
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you speak on how to transform those
promises into reality and how to sustain that
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reality? Yes, thank you?
And let I said, well, we
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don't know about our couplission as a
nineteen when they when the band one ninety
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one, remember the one I see
sorry from my when and sorts of nineteen
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one, yes, exactly as nine
about in the ninety about the ninth fillion,
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Well we are about in the nine
million. That's nineteen ninety one.
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And by the time the about xience. So this is the last oblation shot
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up to about one CEO one is
to be about one from that is we're
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talking about. The amount is double
leap from nineteen ninety one to two thousand
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and six when the last was done. So what I took up about that?
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So diffigures are totally wrong. And
if you see our if you look
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at our but that's really despite all
the massive registration and all wars. But
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I'm sure, I'm sure no chance, maybe very few of warfare. It's
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still as I would ask you religious
about fifty millions of your despite all the
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pudding and everything. And then the
people that really come at too. Both
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in every election, no matter how, no matter how the wegin, no
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matter how the orgilization, sometimes those
are getting not to fifteen millions. So
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this point out the fact of what
it has to population. I come from
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a village where I'm not sure the
propational of my village is just people.
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Let's say, let me maybe if
I if I want accounting my privilege of
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the five wants to do. But
then you see the population figure that count
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from there, you will be marveled. So as that's a cold as many
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believes. So this is are not
don't have to as coats. So when
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the peoples go out there, I
don't want you to be on you or
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that too. Then you take banking, you take the banking sector, you
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be maakt how much? How much? So that I mean final from this
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bank the funers, the cash turn
up in the bank system. What's that
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far? The fast the atmi grow
up every in the most most badners of
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this country. So while I'm why
I'm not supposed to speaking like t economy.
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Yeah, it's move through some of
those figures. Now when the plangy
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figures is either that you wanted to
constitution or to a going to text subic
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figures in order to create more programs
that would be a fit if you other
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people, I mean, I don't
even know that I mean this because actually
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either if it's the fact of government
fandishing, that is okay to do creat
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the foundations. But that's oh,
we need to some for intervention in terms
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of what the intervention in terms of
social investment programs that we ve a probat
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say the million regie gimme. We've
been doing interventions. We have we have
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the body because the one that uh
what what suges that that one makes the
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possibility a general over ealivation programs were
have being and were having over elevation program
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has been launching. So I think, yes, I have been impact the
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government has give me. We've had
these uh social prestments programs. I said,
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that's going fast on those programs that
every year you go probably keep increasing.
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It's lots of them pleasures going to
this program. Some people have put
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too streaming tools for go to to
progress. I said, this program doesn't
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have any impact. Has put so
much money in agriculture, in Estemy and
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in other areas of the courbage.
I wish think this program has being fact
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tonight rather than having empact. So
most of the business are just text of
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postical constitutions just to create some fast
images and fast because the nole of working
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class nights. You know our mother
working for the book, Well, I'm
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not gonna working for master for masters
talking class night that I'm mother more than
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sixteen millions. So you gave me
publish of four thres millions, and you
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have about sixteen millions for other lement, not from a formal lement. And
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I say, I'm not from informal
lem. I'm not prob that was river,
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You're gonna river. The trailers on
the street are all work. But
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I'm talking of for masters or eclogues, both government and private, which over
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stimulium. And I says, say
walk two millions a little girl. So
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basically because I just initiating for me, I am as an accountact because I
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can't really planning. I can't do
mean, I can't even as discussed a
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put even though this not because what
is this foolture? That what is you
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know told beloved with you that in
from school, that su in school that
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I invited. Let's get the apples
because what's happened? So you know,
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I don't happy. It's not keep
bright the ship because that diminishes of our
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taking. Like we said, what
is TA diminished with me? I was
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you diminish? Everyone is just kill
We're hungry. That's is the interid is
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because of there's some guys they love, there's some guys love. We're hungry.
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Well, while if you go to
the market. Then the food does
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always make the food they because the
market does not remain I problem with business.
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So then I lots of things happening
that we are of ours there on
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the cost out there and talking construt
in the fact line, and everyone gives
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thinking that you're like yourself not making
prog We will. We have made love
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and love and lots of proven exactly
the figures who think it was you don't
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want improvement. There is lots of
plans to cover. That's where we have
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today. I think I can pick
my chest. Diversification from oil has been
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something Nigeria has been trying to achieve
since the Green Revolution. Over thirty years
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later, crude oil still makes up
about ninety five percent of the country's experts
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earnings and about forty percent of government
revenues. And this is according to IMF
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data. Why has it been difficult
returning to agriculture which is the foundation upon
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which see, nobody will give you
anything if you don't jet at the answer.
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Like we said, agriculture was complete
when a lot of what was coming
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in from oil of an alcotol become
down. Plague and organization again, that
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critin and quite a number of people
who are supposed to be in the villages
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or in the gita land and they're
stealing the fians during the soil all over.
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This is looking for men a white
collarge jobs, some people who regards
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to become messengers, drivers and drivers
and drivers and in the villages to do
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the real agriculture. A lot of
people will like the area boys to find
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the district of Libor with all the
muscles to be getting working making more money
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in terms of daily income. And
it is the neglect of over the years
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crely. Uh, it's a negative
of over the years. But the disus
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now that there's no more free launch, there's no even infult and there's no
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free lunch. There's more free launch
and you're is getting worked by the day
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because our population is increasing. And
uh, the a blige of governments to
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sustain the economy like that is union. So the new initiative now which is
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the as for your de gouvernment choose
to and not emphasis on agriculture has come
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to stay. Really, it's happens
that like they has, they have the
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ability to stake time to die.
And it's not only before I go myself
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and before I go for epops.
You know who I keep saying this after
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culture you sort the conference list that
is as the government as part of the
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culture, because the stay us culture. But this mus look a government has
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at because the countless government even the
government because I love it's the local government
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they have is because of abric culture. I don't know. It's for fishalies
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of I don't know. I live's
true lads, lookal government have because of
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agriculture and corporated. I don't know
if you're planted and so so that is
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that that that that talk is the
one that has that's one of these art
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conference propity. And the land belongs
to the state and local government. The
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lands belong with to this is the
local government. Black governments don't have a
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lot of bag and maybe the fire
lane from this thing. So book is
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to be promtter goo is a local
government. Now you've got the better google
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see the lands disourseful. We are
on the best land landed and not in
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in in this country as of availability
and the propensity to grow the work.
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The most of the line of this
disc is usful build judge counts and everything.
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A lot of lands lists and will
be laid and everybody wants to acquire
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even the small pample that the ones
that plan catala plant h what you call
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it uh banana plants planting all those
more small plant vegeting all those more more
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pamples that along that corridor. Even
as the I've always been living away by
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lances because who are interested in passage? Look looking? So that is the
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major problem. So it's take a
local government that you now renew the drive.
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It's not trouble, it's a look
in this drive's being difful back to
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this fast. It's really get to
move back to destroy. Let who believe
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that that is really solutional life no
longer really lunch because if we grow,
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we begin to grow what we do, it will we grew. I tell
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you you know this that time all
this, that's all that the land.
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But this appears the government is very
booty by excluding before that at the point
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now I guess influx of uh boost
for the import from the countries that people
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like you much to take. But
forget the whole coffee to to cylsical.
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There are that loiclows too. My
job for res time I invested in this
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class funding po come and returned signific
said robotics more fires. That is people
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are now thinking. So it is
now left for a state and local government
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to now take this this this price
to the glass. To me, I'm
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00:20:32.319 --> 00:20:38.599
beginning to encourage that not political,
not equal and report every woman Google.
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But it needs genuinely to reform so
that people who understand that there is no
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more will launch evening with town and
go to this land is partied. The
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years are there, the returns are
very high. So if it's only for
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to take advantage of it all this
decisions, the paties and checking okada that
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I chink again goes to abandon,
then now you'll find young maid rinking of
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Google. One I willing response from
their points, will collecting their fools from
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that and wasted ter pot. So
we have the population that is coproductive,
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weather population street fast on the remnant
publicity and about problem. Nigeria operates one
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of the most expensive democracies among developing
countries. According to twenty fifteen budget data,
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Nigeria legislators received anno salaries of between
one hundred and fifty thousand dollars and
228
00:21:45.720 --> 00:21:51.440
one hundred and ninety thousand dollars per
annum, depending on exchange rates. So
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I've called for a downward review of
their earnings, while others have called for
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some government agencies to be scrapped as
well, reducing gover space so that those
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funds can be diverted to infrastructure development
and other social welfare programs. And what's
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your take on this? Yeah,
thank you our posto system or our governance
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structure. Yes, I agree,
we have one of the most the most
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comportable of your christ the British when
they left the day was their overtime which
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has roved them. But thankually,
which is the parliamentary system and which some
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of the count in Australia New Zealand
is back to day India in fact,
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is that the fact of the problem, that's not us the problem. So
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our sixty years in depend that the
mcracy has only taken the pactual as the
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one was for that spasified the fact
was six that's one of our sixty years.
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The mocracy has only at the one
year and then the military was thirty
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nine. Military is we need to
injure you don't have a fool but from
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particle I mean, does just go
back from foster programs we're looking about now,
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Yeah, we had that problem.
Yes, we can mustee with the
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look we wish the look because of
the military. I arguably, I'm sure
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we made a progres arguably anyway,
I don't pocus of the military and other
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civilian But for me, what about
form of government that we do? It
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is the because thats the problem with
yes, the problem for ter our,
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our our, our, our,
our kind of government, big permissions for
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00:23:41.400 --> 00:23:45.599
vin brand legislature that should be a
check on ecult Yes, imaginal that we
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00:23:45.799 --> 00:23:52.880
say examples sometimes, but level level
legation that is that it's work called the
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legislature. Now, if you don't
want to look at government, because we
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know what happens government, you have
cancelers, you have you have look en
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parliamental government. The cantalog should be
the king over the bescover the chairman.
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There was we have the general,
but I didn't know national catalog lookal governments.
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So it's kind of the problem.
I agree, I agree, But
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again it's not a problement because it's
the press of the problem. That is.
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00:24:19.559 --> 00:24:23.759
The problem ends to the division that
you have to become a what it
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call it now a elementary system of
government. If we do not change our
259
00:24:30.839 --> 00:24:34.920
attitude towards the process, it's a
be same thing our our systems. It's
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not too different from that of Ganna. It's a prea it's better for what
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we have here. Okay, it's
a web back were back rule of not
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is not allowed to upgree the governor
will that would be to bring because it's
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a bring called decisions like have aostic, it's a course decide it that the
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governments don't have power to dissolve the
local government answer today the governor is basest
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in that on this is very competively. And look and the look a comments
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that I think the other supreme cause
of Nigeria and even as other such states,
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what do you call that so?
Because so it's not a fair question.
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I have post experiences other post place
against not a passion. Now look
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00:25:22.200 --> 00:25:27.759
as in governor, what is is
going with our members? Nine of them
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00:25:27.920 --> 00:25:33.400
some of them came to be as
at nine to our style ours at night
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00:25:34.440 --> 00:25:41.039
now okay kill there or under Pigama
on Robert Cliffer this one, because don't
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00:25:41.079 --> 00:25:48.759
look, they came to be no
night the governor in Nigeria and it and
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even when the National Mbili came up
with your own which said look this is
274
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well it is because today the governs
exclaim that and for also experienced this,
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so support me. So how do
you go generally? If you bring a
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00:26:03.599 --> 00:26:11.359
plamaticism bed and putting a better as
local government in president in private store of
277
00:26:11.720 --> 00:26:15.720
right, were right, work over
the system and that's what will happen.
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So as you will you committed ourselves
to google as although government of ourselves to
279
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a responsibility of our position is very
post on powers responsibility. The way that
280
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this work comes. And we saw
all that when the movie is giving Union
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00:26:32.599 --> 00:26:38.839
giving New League. The Avadan joy
has had five five Sis presidents. The
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00:26:38.920 --> 00:26:48.160
moment proactos develop with the president,
visiate is removed through enemy. So that
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is the problem. Act is the
problem is we system. So as that
284
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as you're breaking it in people were
not for ourselves in the over powers of
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secrecy of the people, then we
are just ran. And that yeah,
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I am most about to be jobs. Researchers shown that corruption inhe beats economic
287
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growth and affects business operations. Just
a few days ago, a survey,
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a report by ANCTAD showed that ninety
billion US dollars left Africa, the whole
289
00:27:36.200 --> 00:27:41.839
of Africa as illicit financial flaws.
The actual figure you know, of that
290
00:27:42.079 --> 00:27:48.519
amount attributed to Nigeria was not stated. But you know your guests, you
291
00:27:48.599 --> 00:27:55.119
know on that is as good as
mine now. Transparency International says Nigeria's corruption
292
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ranking was one hundred and forty six
out of one hundred and eighty in twenty
293
00:28:00.440 --> 00:28:03.799
nineteen, with the score of twenty
nine out of one hundred. In fact,
294
00:28:04.519 --> 00:28:10.319
the nation's corruption Perception Index score has
been flat for the past eight years.
295
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What needs to be done to change
our perception over the last sixty years.
296
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Well, I've always said that I
would East in Africa, whether Hellos
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in Africa, thank Youia, I'm
sure that's ninety. I did might year
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around fifty or so. I want
to have many countries in nineteen in Africa
299
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that had such of concasions to through
the way. So it's quite a mite
300
00:28:45.000 --> 00:28:49.880
of problems and then goes back.
It is just as finding because the fine
301
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indepuent government also wanted to at the
own share of the booty because they the
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consequence is, I don't know sufficient
or very true in in coming true at
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00:29:04.599 --> 00:29:11.000
that image of problems. We're not
said. We've always have the what you
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00:29:11.079 --> 00:29:15.440
can leave service treatment and corruptions.
But I don't want to that when simply
305
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who is more corruptibiliy so it is
civilian. I'm sure the military will be
306
00:29:22.160 --> 00:29:27.000
and being civilians today as to the
one term of what exappened between nineteen ninety
307
00:29:27.079 --> 00:29:33.039
nine, so now just yes today
were understandard monuments for school. He didn't
308
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want fane account. So all this
are very very worried. So I'm sure
309
00:29:38.480 --> 00:29:44.039
the military would be worried. There
will be envy the civilians that because we
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are the most corross and then we
then you know that this one's we take
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them and the land wealth and they
have the expanded on it. So it
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00:29:52.079 --> 00:29:56.720
doesn't it wasn't like this, I
tell you, it is a very public
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that we are judged to be very
very corross. I don't think that for
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00:30:00.279 --> 00:30:04.599
years. I don't think what has
happened this time around. You spent one
315
00:30:04.680 --> 00:30:08.119
years, You mean to compare that
four years they're doing that for years they
316
00:30:08.200 --> 00:30:14.559
delivered a lot of publish in the
French three years of the PRESI administration.
317
00:30:14.759 --> 00:30:18.680
Not surely can point to any one
pub anyone's going to person delivered. It
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00:30:18.799 --> 00:30:23.519
isn't getting better now that at least
we look at that point into something really
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00:30:25.759 --> 00:30:30.519
that this and this five years of
where admistration is trying to put in place
320
00:30:30.559 --> 00:30:34.279
that I don't who can points to
me? And this substantial happened fast three
321
00:30:34.359 --> 00:30:41.000
years of administration. It isn't power
it see billions the last I just read
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00:30:41.039 --> 00:30:45.240
them power and you can't find power
is in real life? Who can't find
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00:30:45.319 --> 00:30:52.599
it? In the education? I'm
not showing any school of any any noon
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00:30:52.680 --> 00:30:57.720
school of what I work with the
standard it's ever to. So the rules
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00:30:57.799 --> 00:31:03.480
here so bad beginning the probability becomes
common to so that doesn't look said.
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00:31:06.400 --> 00:31:11.759
We need to induces to be bringing
these issues out and be condemning them.
327
00:31:12.000 --> 00:31:15.279
Thank god that they mean this aggistration. They have points out, seasons have
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00:31:15.359 --> 00:31:22.519
to within them that he came to
forward that money was finding goole accounts with
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00:31:22.640 --> 00:31:26.160
respect to the school. Feeling for
it's gratifying. And this is a government
330
00:31:26.880 --> 00:31:33.920
that does not cover or corruptions.
But after expositions the consequences the consequency is
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00:31:34.000 --> 00:31:40.400
easier. That Again it's debatable because
also have one home by some systems,
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00:31:40.799 --> 00:31:44.960
so the book accountabilities very coom by
some systems. We have a system where
333
00:31:45.000 --> 00:31:51.240
by your presuminus until pro reguilty,
no matter how clear, no matter how
334
00:31:51.599 --> 00:31:55.559
every days are bringer bring and evidence
of the matter. You cant your catch
335
00:31:55.640 --> 00:32:00.319
his hands righting the features. You
must taken three legal processes. And there
336
00:32:00.359 --> 00:32:02.839
are people who are fred pleasures of
corruption and the lawyers. They are the
337
00:32:02.960 --> 00:32:07.640
leisure to the jagers of corruption,
corruption and corropbatisties. Yeah, it will
338
00:32:07.680 --> 00:32:10.720
line up. The will line up
to come as the friends and then start
339
00:32:10.759 --> 00:32:15.400
of the matter and maybe the processes
umbas on to the attend that during the
340
00:32:15.480 --> 00:32:20.839
firstcout get hired at that point and
the matter would So we need lots to
341
00:32:20.920 --> 00:32:22.519
change. We want a lot to
change. You have to fight corruption.
342
00:32:22.960 --> 00:32:30.039
We motor a special cause, a
special legal system is more at the cow
343
00:32:30.200 --> 00:32:35.480
way that that issue of corruption,
this issue of longping high level corruption with
344
00:32:35.799 --> 00:32:39.000
ornary with all the in our course
and Lord that we're have in this country
345
00:32:39.359 --> 00:32:45.440
was not because anywhere it should be
the other ware round me guilty and to
346
00:32:45.519 --> 00:32:51.279
improve their innocent If you keep using
this the matter of your innocence and the
347
00:32:51.359 --> 00:32:54.880
broving us, my dear, who
will not go any people with still communi
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00:32:54.920 --> 00:33:00.400
client with the community. They have
been money to build lawyers, the practice
349
00:33:00.480 --> 00:33:04.559
judges, and then the matter is
just un as the capet and I think
350
00:33:04.720 --> 00:33:07.599
there should be a new Man tracking
party. If we don't keep correction,
351
00:33:07.279 --> 00:33:12.400
passure certainly killers that's one too.
I don't compress, we don't come to
352
00:33:12.519 --> 00:33:19.359
our published groups. You'll keep shouting. Chatting about shouting is shuting that you
353
00:33:19.400 --> 00:33:24.440
are number one for your problem groups. Let's have a smaller Let's have the
354
00:33:24.519 --> 00:33:30.720
smaller families, Let's have small more
productive work, work, work, the
355
00:33:30.799 --> 00:33:35.240
more productive people. And then I
tell you this country has everything to go.
356
00:33:36.000 --> 00:33:38.160
WO keep celebrating and made celebration,
not any of our families in our
357
00:33:38.200 --> 00:33:43.119
home. Thank yourself for being a
guest on the show today. I know
358
00:33:43.279 --> 00:33:47.200
the conversation will continue from here.
We really appreciate the privilege of your time.
359
00:33:47.799 --> 00:34:05.079
That was my pleasure. Thank you
about so after Dome
1
00:00:07.120 --> 00:00:12.800
Yes, still listening to Breakfast Connect
on Africa Business Radio. If our independence
2
00:00:12.839 --> 00:00:19.079
to addition sixty years it's been,
Nigeria has surely come a long way in
3
00:00:19.160 --> 00:00:24.039
the spirit. We've seen one civil
war, one assassinated head of stage,
4
00:00:24.239 --> 00:00:28.679
another has died in office, a
president also has died in office. And
5
00:00:29.000 --> 00:00:34.640
in between all these there have been
cools and coup plots, economic boom and
6
00:00:34.799 --> 00:00:39.119
glue. So as we go along
in our conversation, we want to look
7
00:00:39.159 --> 00:00:44.600
back at the Nigerian economy and everything
in between in the last sixty years.
8
00:00:44.960 --> 00:00:51.320
Joining me in the conversation is Alistair
Wilcox. He is a chartered accountant,
9
00:00:52.520 --> 00:00:59.719
so Nigeria is sixty. This anniversary
is traditionally depicted with the pressure stone diamond.
10
00:01:00.560 --> 00:01:04.959
But economy wise, do we have
the valuation of a rare diamond?
11
00:01:06.120 --> 00:01:11.480
And if not, why yes,
then everything to shoot diamonds. But the
12
00:01:11.519 --> 00:01:17.719
will were I think sixteen because they
will we today a lot as g a
13
00:01:17.719 --> 00:01:22.480
lot as for condo, a lot
of lange bits of condot. If you
14
00:01:22.599 --> 00:01:26.879
talk of the public past structure,
we've gone fast to my family complexity.
15
00:01:26.599 --> 00:01:33.079
But there's everything to about, so
basically it's not his job. A lot
16
00:01:33.120 --> 00:01:37.840
of countries didn't make it the six
place. They broke up and everything but
17
00:01:38.599 --> 00:01:42.680
Bill really named and Julia was meant
for the past three years, something that
18
00:01:42.879 --> 00:01:47.920
I think something that was learning from. In the sixty years have existed as
19
00:01:48.040 --> 00:01:53.359
a nation, we have had twenty
one on interrupted years of civilian rule in
20
00:01:53.480 --> 00:01:59.840
that period. Nigeria's GDP, according
to the World Bank, has grown sixfold
21
00:02:00.599 --> 00:02:05.959
in nineteen ninety nine, despite Nigeria's
versus oil wealth, GDP was a mayor
22
00:02:06.079 --> 00:02:10.240
fifty nine point thirty seven billion dollars
as at twenty eighteen. However, that
23
00:02:10.400 --> 00:02:17.360
figure skyrocketed to three hundred and ninety
seven billion dollars, which is quite commendable.
24
00:02:17.879 --> 00:02:23.719
It rolls the highest in twenty fourteen
when we sold oil at a little
25
00:02:23.800 --> 00:02:29.039
over one hundred dollars per barrel.
But capital the picture is totally different,
26
00:02:29.159 --> 00:02:35.199
with FDB data showing one hundred and
fifty two million Nigerians live on less than
27
00:02:35.280 --> 00:02:38.719
two dollars a day. What's your
response to that? Thank you very much?
28
00:02:39.280 --> 00:02:44.479
Number one. When anybody play one
people two million ninetys, well,
29
00:02:44.479 --> 00:02:52.319
if you got kick seventy about sixty
hundred, we wanted to two millions nat
30
00:02:52.560 --> 00:02:59.240
living. You know soon two dollars
a day into this extreme even even like
31
00:02:59.400 --> 00:03:04.960
take me, I es they are
for fifty year, about nine hundred that
32
00:03:05.120 --> 00:03:08.039
day and if you walked two million
are living that they have did the contract
33
00:03:08.159 --> 00:03:15.000
then achieve that, I mean achieved
that the dele so that you're not saying
34
00:03:15.039 --> 00:03:21.800
that there are only about forty eight
million are working for any reasonable income that
35
00:03:21.919 --> 00:03:28.680
can be true. So they too
because either from possible perspecting or just somehow
36
00:03:28.879 --> 00:03:35.000
to want to slide in control grip
any kind of that kind of a bill
37
00:03:35.039 --> 00:03:40.639
is true. It's very populated in
the country. I think legs everything can
38
00:03:42.680 --> 00:03:46.919
legal. Let go consverativist thing.
Let me say to the five billions people,
39
00:03:46.039 --> 00:03:51.280
even though I like you who don't
have a presence of well, keep
40
00:03:51.400 --> 00:03:58.000
imagining our population level. Think be
legals to be very very most popularity in
41
00:03:58.120 --> 00:04:03.240
the country. Five billion people are
telling me that twenty millions the legation are
42
00:04:03.319 --> 00:04:10.919
living because the last day. Now
take Cannon, the second most of lake
43
00:04:10.960 --> 00:04:14.680
in the country. I have let's
say, lot my minors, let's get
44
00:04:14.759 --> 00:04:18.800
kind of a million. Are you
saying twelve million the candle's living below to
45
00:04:18.920 --> 00:04:25.199
the last day? So what ly
this because we just standish any because I
46
00:04:25.399 --> 00:04:35.399
want to and begins to create,
make fast, give our people selfishistic attitude,
47
00:04:35.439 --> 00:04:40.160
and never keep shouting we're hungry.
They're hungry there hungry maybe the average
48
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mother and I that day at my
book. If so, this one of
49
00:04:45.959 --> 00:04:47.720
the unities. I don't want to. I don't I don't want to stund
50
00:04:48.399 --> 00:04:53.399
social. I want to start the
economy account. I don't want to stand
51
00:04:53.480 --> 00:04:58.279
social when we go to the street. The work was the question is the
52
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biggest I thought that it was because
when you go through to be launch and
53
00:05:03.879 --> 00:05:09.240
I've breached legation and agree your goad
of man. The mather car is a
54
00:05:09.319 --> 00:05:13.519
lab. The lab the matter card
is job in the market. When he
55
00:05:13.600 --> 00:05:17.839
goes to at the sometimes his first
fummer and now the narror to eat.
56
00:05:18.959 --> 00:05:23.920
That is when he that launch,
not first in. And when he's a
57
00:05:24.079 --> 00:05:30.720
room in his wife was family to
So sometimes did you talking about the economical
58
00:05:31.639 --> 00:05:39.399
because the man what remain may say, was this wild We didn't imprest the
59
00:05:39.439 --> 00:05:43.720
motion just so when the oil price
goes up, and our he did grew
60
00:05:43.839 --> 00:05:47.639
up when the price droned down.
Our discus for that in restant time with
61
00:05:47.720 --> 00:05:51.759
the last for in the last five
years of five years we have seen the
62
00:05:53.439 --> 00:06:02.680
fact we have the soject of informa
so initiated as the culture has the speaking.
63
00:06:02.800 --> 00:06:08.759
It's one for that right now that
is lop more money. It's just
64
00:06:08.839 --> 00:06:14.360
a populi. The more money people
are by, we're not funding what we
65
00:06:14.439 --> 00:06:19.240
got a cross for it and now
putting together there's not a culture. I
66
00:06:19.319 --> 00:06:23.240
thought about how much that will have
with you that I tell you ship.
67
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We are not counting our business right, that's just that's cracking. Of course
68
00:06:30.319 --> 00:06:36.040
that's to do with population. Our
corporation is good ex fodanciality, that's what's
69
00:06:36.040 --> 00:06:42.639
the must love. So our publish
is good expotancially. So what is the
70
00:06:42.720 --> 00:06:47.639
thing that happen? But it's very
true because of the population. If we're
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00:06:47.680 --> 00:06:53.079
not to anything about that pompolition,
we keep seeing that prodcast talk. What
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00:06:53.279 --> 00:06:58.560
is the polition of quickly in the
fifty different focuses about forty five million?
73
00:06:58.720 --> 00:07:01.319
Forty five million, he said,
look, he's not for seven million.
74
00:07:01.439 --> 00:07:08.279
That's work. They're still run.
The fire was never for seven million.
75
00:07:08.720 --> 00:07:12.160
The diver was about for the five
but they do it for the million.
76
00:07:13.600 --> 00:07:17.920
Now it will come back after income. I think it despie what the person
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what the perfinen that what a persisy
like this was denied, but even I
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said that denied. Compare our publish
then and now you know what this is.
79
00:07:31.240 --> 00:07:35.480
So by time you share, you
share this populiation. It would be
80
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very nice work. That was what
me that my figure when we get individual
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00:07:42.199 --> 00:07:46.319
number, what doesn't reason our really
population well exhibiting for what convenience? Is
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00:07:46.120 --> 00:07:49.680
our polution? Milish I can't.
I can't make sure of that, but
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00:07:49.920 --> 00:07:55.800
let's work with the fig and our
agility is hid. That works because it's
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00:07:55.879 --> 00:08:01.439
lots of our activities are not recorded. There's lots of an act. I'm
85
00:08:01.480 --> 00:08:07.879
not part of it. You see
equations, so were we found them?
86
00:08:07.680 --> 00:08:15.279
Our gidd and well, first project
our couplission. What you have is equally
87
00:08:15.360 --> 00:08:22.399
from in terms of our our our
our group pleasure and our true and then
88
00:08:22.519 --> 00:08:28.319
join economy has seen a lot of
promise during its longest civilian rule. Can
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00:08:28.439 --> 00:08:35.759
you speak on how to transform those
promises into reality and how to sustain that
90
00:08:37.039 --> 00:08:43.039
reality? Yes, thank you?
And let I said, well, we
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00:08:43.080 --> 00:08:54.799
don't know about our couplission as a
nineteen when they when the band one ninety
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00:08:54.879 --> 00:09:01.639
one, remember the one I see
sorry from my when and sorts of nineteen
93
00:09:01.080 --> 00:09:11.879
one, yes, exactly as nine
about in the ninety about the ninth fillion,
94
00:09:11.759 --> 00:09:16.440
Well we are about in the nine
million. That's nineteen ninety one.
95
00:09:16.519 --> 00:09:24.440
And by the time the about xience. So this is the last oblation shot
96
00:09:24.559 --> 00:09:31.480
up to about one CEO one is
to be about one from that is we're
97
00:09:31.519 --> 00:09:39.600
talking about. The amount is double
leap from nineteen ninety one to two thousand
98
00:09:39.639 --> 00:09:46.000
and six when the last was done. So what I took up about that?
99
00:09:46.840 --> 00:09:50.720
So diffigures are totally wrong. And
if you see our if you look
100
00:09:50.759 --> 00:09:58.600
at our but that's really despite all
the massive registration and all wars. But
101
00:09:58.759 --> 00:10:03.120
I'm sure, I'm sure no chance, maybe very few of warfare. It's
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00:10:03.120 --> 00:10:09.279
still as I would ask you religious
about fifty millions of your despite all the
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00:10:09.519 --> 00:10:13.200
pudding and everything. And then the
people that really come at too. Both
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00:10:13.279 --> 00:10:18.039
in every election, no matter how, no matter how the wegin, no
105
00:10:18.080 --> 00:10:22.879
matter how the orgilization, sometimes those
are getting not to fifteen millions. So
106
00:10:22.200 --> 00:10:28.039
this point out the fact of what
it has to population. I come from
107
00:10:28.080 --> 00:10:31.159
a village where I'm not sure the
propational of my village is just people.
108
00:10:31.879 --> 00:10:35.840
Let's say, let me maybe if
I if I want accounting my privilege of
109
00:10:35.919 --> 00:10:41.440
the five wants to do. But
then you see the population figure that count
110
00:10:41.440 --> 00:10:45.600
from there, you will be marveled. So as that's a cold as many
111
00:10:45.639 --> 00:10:50.240
believes. So this is are not
don't have to as coats. So when
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00:10:50.320 --> 00:10:54.559
the peoples go out there, I
don't want you to be on you or
113
00:10:54.600 --> 00:10:58.840
that too. Then you take banking, you take the banking sector, you
114
00:11:00.120 --> 00:11:03.799
be maakt how much? How much? So that I mean final from this
115
00:11:03.919 --> 00:11:09.120
bank the funers, the cash turn
up in the bank system. What's that
116
00:11:09.240 --> 00:11:15.000
far? The fast the atmi grow
up every in the most most badners of
117
00:11:15.039 --> 00:11:20.960
this country. So while I'm why
I'm not supposed to speaking like t economy.
118
00:11:22.519 --> 00:11:24.960
Yeah, it's move through some of
those figures. Now when the plangy
119
00:11:26.080 --> 00:11:33.120
figures is either that you wanted to
constitution or to a going to text subic
120
00:11:33.200 --> 00:11:37.960
figures in order to create more programs
that would be a fit if you other
121
00:11:37.080 --> 00:11:41.440
people, I mean, I don't
even know that I mean this because actually
122
00:11:41.519 --> 00:11:46.480
either if it's the fact of government
fandishing, that is okay to do creat
123
00:11:46.519 --> 00:11:52.000
the foundations. But that's oh,
we need to some for intervention in terms
124
00:11:52.039 --> 00:11:58.000
of what the intervention in terms of
social investment programs that we ve a probat
125
00:11:58.799 --> 00:12:03.919
say the million regie gimme. We've
been doing interventions. We have we have
126
00:12:05.080 --> 00:12:15.120
the body because the one that uh
what what suges that that one makes the
127
00:12:15.519 --> 00:12:22.240
possibility a general over ealivation programs were
have being and were having over elevation program
128
00:12:22.879 --> 00:12:30.480
has been launching. So I think, yes, I have been impact the
129
00:12:30.639 --> 00:12:35.399
government has give me. We've had
these uh social prestments programs. I said,
130
00:12:35.440 --> 00:12:41.440
that's going fast on those programs that
every year you go probably keep increasing.
131
00:12:41.240 --> 00:12:45.879
It's lots of them pleasures going to
this program. Some people have put
132
00:12:46.000 --> 00:12:50.639
too streaming tools for go to to
progress. I said, this program doesn't
133
00:12:50.639 --> 00:12:58.759
have any impact. Has put so
much money in agriculture, in Estemy and
134
00:12:58.919 --> 00:13:03.000
in other areas of the courbage.
I wish think this program has being fact
135
00:13:03.159 --> 00:13:09.960
tonight rather than having empact. So
most of the business are just text of
136
00:13:09.279 --> 00:13:16.159
postical constitutions just to create some fast
images and fast because the nole of working
137
00:13:16.279 --> 00:13:18.960
class nights. You know our mother
working for the book, Well, I'm
138
00:13:18.960 --> 00:13:24.519
not gonna working for master for masters
talking class night that I'm mother more than
139
00:13:24.559 --> 00:13:28.240
sixteen millions. So you gave me
publish of four thres millions, and you
140
00:13:28.399 --> 00:13:33.039
have about sixteen millions for other lement, not from a formal lement. And
141
00:13:33.159 --> 00:13:37.440
I say, I'm not from informal
lem. I'm not prob that was river,
142
00:13:37.679 --> 00:13:41.480
You're gonna river. The trailers on
the street are all work. But
143
00:13:41.600 --> 00:13:45.360
I'm talking of for masters or eclogues, both government and private, which over
144
00:13:45.559 --> 00:13:48.600
stimulium. And I says, say
walk two millions a little girl. So
145
00:13:48.960 --> 00:13:54.159
basically because I just initiating for me, I am as an accountact because I
146
00:13:54.240 --> 00:14:00.120
can't really planning. I can't do
mean, I can't even as discussed a
147
00:14:00.240 --> 00:14:05.519
put even though this not because what
is this foolture? That what is you
148
00:14:05.600 --> 00:14:09.759
know told beloved with you that in
from school, that su in school that
149
00:14:09.879 --> 00:14:13.000
I invited. Let's get the apples
because what's happened? So you know,
150
00:14:13.120 --> 00:14:18.720
I don't happy. It's not keep
bright the ship because that diminishes of our
151
00:14:18.840 --> 00:14:22.720
taking. Like we said, what
is TA diminished with me? I was
152
00:14:22.960 --> 00:14:26.840
you diminish? Everyone is just kill
We're hungry. That's is the interid is
153
00:14:26.879 --> 00:14:30.759
because of there's some guys they love, there's some guys love. We're hungry.
154
00:14:30.879 --> 00:14:33.840
Well, while if you go to
the market. Then the food does
155
00:14:33.879 --> 00:14:37.039
always make the food they because the
market does not remain I problem with business.
156
00:14:37.720 --> 00:14:43.759
So then I lots of things happening
that we are of ours there on
157
00:14:43.879 --> 00:14:46.799
the cost out there and talking construt
in the fact line, and everyone gives
158
00:14:46.840 --> 00:14:50.960
thinking that you're like yourself not making
prog We will. We have made love
159
00:14:52.159 --> 00:14:56.799
and love and lots of proven exactly
the figures who think it was you don't
160
00:14:56.799 --> 00:15:01.519
want improvement. There is lots of
plans to cover. That's where we have
161
00:15:01.639 --> 00:15:09.519
today. I think I can pick
my chest. Diversification from oil has been
162
00:15:09.799 --> 00:15:16.240
something Nigeria has been trying to achieve
since the Green Revolution. Over thirty years
163
00:15:16.320 --> 00:15:20.799
later, crude oil still makes up
about ninety five percent of the country's experts
164
00:15:20.879 --> 00:15:26.320
earnings and about forty percent of government
revenues. And this is according to IMF
165
00:15:26.480 --> 00:15:33.840
data. Why has it been difficult
returning to agriculture which is the foundation upon
166
00:15:35.000 --> 00:15:39.240
which see, nobody will give you
anything if you don't jet at the answer.
167
00:15:41.600 --> 00:15:46.840
Like we said, agriculture was complete
when a lot of what was coming
168
00:15:46.919 --> 00:15:52.159
in from oil of an alcotol become
down. Plague and organization again, that
169
00:15:52.320 --> 00:15:58.720
critin and quite a number of people
who are supposed to be in the villages
170
00:15:58.960 --> 00:16:03.840
or in the gita land and they're
stealing the fians during the soil all over.
171
00:16:03.240 --> 00:16:07.639
This is looking for men a white
collarge jobs, some people who regards
172
00:16:07.720 --> 00:16:15.039
to become messengers, drivers and drivers
and drivers and in the villages to do
173
00:16:15.200 --> 00:16:21.559
the real agriculture. A lot of
people will like the area boys to find
174
00:16:21.600 --> 00:16:26.440
the district of Libor with all the
muscles to be getting working making more money
175
00:16:26.799 --> 00:16:32.799
in terms of daily income. And
it is the neglect of over the years
176
00:16:33.000 --> 00:16:38.440
crely. Uh, it's a negative
of over the years. But the disus
177
00:16:38.480 --> 00:16:44.120
now that there's no more free launch, there's no even infult and there's no
178
00:16:44.159 --> 00:16:47.399
free lunch. There's more free launch
and you're is getting worked by the day
179
00:16:47.480 --> 00:16:52.200
because our population is increasing. And
uh, the a blige of governments to
180
00:16:52.440 --> 00:16:59.279
sustain the economy like that is union. So the new initiative now which is
181
00:16:59.799 --> 00:17:03.559
the as for your de gouvernment choose
to and not emphasis on agriculture has come
182
00:17:03.640 --> 00:17:08.119
to stay. Really, it's happens
that like they has, they have the
183
00:17:08.160 --> 00:17:11.240
ability to stake time to die.
And it's not only before I go myself
184
00:17:11.319 --> 00:17:17.920
and before I go for epops.
You know who I keep saying this after
185
00:17:18.039 --> 00:17:22.240
culture you sort the conference list that
is as the government as part of the
186
00:17:22.640 --> 00:17:30.200
culture, because the stay us culture. But this mus look a government has
187
00:17:30.559 --> 00:17:37.599
at because the countless government even the
government because I love it's the local government
188
00:17:37.640 --> 00:17:41.519
they have is because of abric culture. I don't know. It's for fishalies
189
00:17:41.559 --> 00:17:47.319
of I don't know. I live's
true lads, lookal government have because of
190
00:17:47.359 --> 00:17:51.799
agriculture and corporated. I don't know
if you're planted and so so that is
191
00:17:51.880 --> 00:17:56.279
that that that that talk is the
one that has that's one of these art
192
00:17:56.359 --> 00:18:03.880
conference propity. And the land belongs
to the state and local government. The
193
00:18:04.000 --> 00:18:07.119
lands belong with to this is the
local government. Black governments don't have a
194
00:18:07.160 --> 00:18:11.599
lot of bag and maybe the fire
lane from this thing. So book is
195
00:18:11.839 --> 00:18:18.640
to be promtter goo is a local
government. Now you've got the better google
196
00:18:18.720 --> 00:18:23.680
see the lands disourseful. We are
on the best land landed and not in
197
00:18:25.039 --> 00:18:32.680
in in this country as of availability
and the propensity to grow the work.
198
00:18:32.839 --> 00:18:36.839
The most of the line of this
disc is usful build judge counts and everything.
199
00:18:38.359 --> 00:18:42.559
A lot of lands lists and will
be laid and everybody wants to acquire
200
00:18:42.920 --> 00:18:49.640
even the small pample that the ones
that plan catala plant h what you call
201
00:18:49.720 --> 00:18:56.039
it uh banana plants planting all those
more small plant vegeting all those more more
202
00:18:56.160 --> 00:19:03.039
pamples that along that corridor. Even
as the I've always been living away by
203
00:19:03.160 --> 00:19:11.240
lances because who are interested in passage? Look looking? So that is the
204
00:19:11.359 --> 00:19:17.319
major problem. So it's take a
local government that you now renew the drive.
205
00:19:17.880 --> 00:19:23.160
It's not trouble, it's a look
in this drive's being difful back to
206
00:19:23.279 --> 00:19:29.240
this fast. It's really get to
move back to destroy. Let who believe
207
00:19:29.279 --> 00:19:34.240
that that is really solutional life no
longer really lunch because if we grow,
208
00:19:34.559 --> 00:19:38.960
we begin to grow what we do, it will we grew. I tell
209
00:19:40.000 --> 00:19:42.880
you you know this that time all
this, that's all that the land.
210
00:19:42.960 --> 00:19:49.079
But this appears the government is very
booty by excluding before that at the point
211
00:19:49.200 --> 00:19:59.480
now I guess influx of uh boost
for the import from the countries that people
212
00:20:00.359 --> 00:20:08.559
like you much to take. But
forget the whole coffee to to cylsical.
213
00:20:10.119 --> 00:20:14.880
There are that loiclows too. My
job for res time I invested in this
214
00:20:15.039 --> 00:20:22.240
class funding po come and returned signific
said robotics more fires. That is people
215
00:20:22.400 --> 00:20:26.240
are now thinking. So it is
now left for a state and local government
216
00:20:26.839 --> 00:20:32.240
to now take this this this price
to the glass. To me, I'm
217
00:20:32.319 --> 00:20:38.599
beginning to encourage that not political,
not equal and report every woman Google.
218
00:20:38.920 --> 00:20:45.079
But it needs genuinely to reform so
that people who understand that there is no
219
00:20:45.240 --> 00:20:51.000
more will launch evening with town and
go to this land is partied. The
220
00:20:51.160 --> 00:20:55.960
years are there, the returns are
very high. So if it's only for
221
00:20:56.279 --> 00:21:03.000
to take advantage of it all this
decisions, the paties and checking okada that
222
00:21:03.200 --> 00:21:08.319
I chink again goes to abandon,
then now you'll find young maid rinking of
223
00:21:08.400 --> 00:21:14.519
Google. One I willing response from
their points, will collecting their fools from
224
00:21:15.119 --> 00:21:22.079
that and wasted ter pot. So
we have the population that is coproductive,
225
00:21:22.400 --> 00:21:30.079
weather population street fast on the remnant
publicity and about problem. Nigeria operates one
226
00:21:30.119 --> 00:21:37.519
of the most expensive democracies among developing
countries. According to twenty fifteen budget data,
227
00:21:38.240 --> 00:21:45.519
Nigeria legislators received anno salaries of between
one hundred and fifty thousand dollars and
228
00:21:45.720 --> 00:21:51.440
one hundred and ninety thousand dollars per
annum, depending on exchange rates. So
229
00:21:51.599 --> 00:21:56.079
I've called for a downward review of
their earnings, while others have called for
230
00:21:56.480 --> 00:22:00.680
some government agencies to be scrapped as
well, reducing gover space so that those
231
00:22:00.799 --> 00:22:07.720
funds can be diverted to infrastructure development
and other social welfare programs. And what's
232
00:22:07.759 --> 00:22:15.119
your take on this? Yeah,
thank you our posto system or our governance
233
00:22:15.160 --> 00:22:18.240
structure. Yes, I agree,
we have one of the most the most
234
00:22:18.279 --> 00:22:25.319
comportable of your christ the British when
they left the day was their overtime which
235
00:22:25.680 --> 00:22:30.000
has roved them. But thankually,
which is the parliamentary system and which some
236
00:22:30.119 --> 00:22:36.240
of the count in Australia New Zealand
is back to day India in fact,
237
00:22:36.279 --> 00:22:41.880
is that the fact of the problem, that's not us the problem. So
238
00:22:41.039 --> 00:22:45.680
our sixty years in depend that the
mcracy has only taken the pactual as the
239
00:22:45.920 --> 00:22:52.680
one was for that spasified the fact
was six that's one of our sixty years.
240
00:22:52.960 --> 00:22:57.480
The mocracy has only at the one
year and then the military was thirty
241
00:22:57.599 --> 00:23:03.759
nine. Military is we need to
injure you don't have a fool but from
242
00:23:04.839 --> 00:23:11.359
particle I mean, does just go
back from foster programs we're looking about now,
243
00:23:11.319 --> 00:23:15.640
Yeah, we had that problem.
Yes, we can mustee with the
244
00:23:15.720 --> 00:23:21.119
look we wish the look because of
the military. I arguably, I'm sure
245
00:23:21.160 --> 00:23:26.119
we made a progres arguably anyway,
I don't pocus of the military and other
246
00:23:26.200 --> 00:23:30.039
civilian But for me, what about
form of government that we do? It
247
00:23:30.240 --> 00:23:34.519
is the because thats the problem with
yes, the problem for ter our,
248
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our our, our, our,
our kind of government, big permissions for
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vin brand legislature that should be a
check on ecult Yes, imaginal that we
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say examples sometimes, but level level
legation that is that it's work called the
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legislature. Now, if you don't
want to look at government, because we
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know what happens government, you have
cancelers, you have you have look en
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parliamental government. The cantalog should be
the king over the bescover the chairman.
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There was we have the general,
but I didn't know national catalog lookal governments.
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So it's kind of the problem.
I agree, I agree, But
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again it's not a problement because it's
the press of the problem. That is.
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The problem ends to the division that
you have to become a what it
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call it now a elementary system of
government. If we do not change our
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attitude towards the process, it's a
be same thing our our systems. It's
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not too different from that of Ganna. It's a prea it's better for what
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we have here. Okay, it's
a web back were back rule of not
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is not allowed to upgree the governor
will that would be to bring because it's
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a bring called decisions like have aostic, it's a course decide it that the
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governments don't have power to dissolve the
local government answer today the governor is basest
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in that on this is very competively. And look and the look a comments
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that I think the other supreme cause
of Nigeria and even as other such states,
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what do you call that so?
Because so it's not a fair question.
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I have post experiences other post place
against not a passion. Now look
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as in governor, what is is
going with our members? Nine of them
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some of them came to be as
at nine to our style ours at night
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now okay kill there or under Pigama
on Robert Cliffer this one, because don't
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look, they came to be no
night the governor in Nigeria and it and
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even when the National Mbili came up
with your own which said look this is
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well it is because today the governs
exclaim that and for also experienced this,
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so support me. So how do
you go generally? If you bring a
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plamaticism bed and putting a better as
local government in president in private store of
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right, were right, work over
the system and that's what will happen.
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So as you will you committed ourselves
to google as although government of ourselves to
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a responsibility of our position is very
post on powers responsibility. The way that
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this work comes. And we saw
all that when the movie is giving Union
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giving New League. The Avadan joy
has had five five Sis presidents. The
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moment proactos develop with the president,
visiate is removed through enemy. So that
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is the problem. Act is the
problem is we system. So as that
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as you're breaking it in people were
not for ourselves in the over powers of
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secrecy of the people, then we
are just ran. And that yeah,
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I am most about to be jobs. Researchers shown that corruption inhe beats economic
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growth and affects business operations. Just
a few days ago, a survey,
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a report by ANCTAD showed that ninety
billion US dollars left Africa, the whole
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of Africa as illicit financial flaws.
The actual figure you know, of that
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amount attributed to Nigeria was not stated. But you know your guests, you
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know on that is as good as
mine now. Transparency International says Nigeria's corruption
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ranking was one hundred and forty six
out of one hundred and eighty in twenty
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nineteen, with the score of twenty
nine out of one hundred. In fact,
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the nation's corruption Perception Index score has
been flat for the past eight years.
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What needs to be done to change
our perception over the last sixty years.
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Well, I've always said that I
would East in Africa, whether Hellos
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in Africa, thank Youia, I'm
sure that's ninety. I did might year
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around fifty or so. I want
to have many countries in nineteen in Africa
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that had such of concasions to through
the way. So it's quite a mite
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of problems and then goes back.
It is just as finding because the fine
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indepuent government also wanted to at the
own share of the booty because they the
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consequence is, I don't know sufficient
or very true in in coming true at
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that image of problems. We're not
said. We've always have the what you
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can leave service treatment and corruptions.
But I don't want to that when simply
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who is more corruptibiliy so it is
civilian. I'm sure the military will be
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and being civilians today as to the
one term of what exappened between nineteen ninety
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nine, so now just yes today
were understandard monuments for school. He didn't
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want fane account. So all this
are very very worried. So I'm sure
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the military would be worried. There
will be envy the civilians that because we
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are the most corross and then we
then you know that this one's we take
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them and the land wealth and they
have the expanded on it. So it
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doesn't it wasn't like this, I
tell you, it is a very public
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that we are judged to be very
very corross. I don't think that for
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years. I don't think what has
happened this time around. You spent one
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years, You mean to compare that
four years they're doing that for years they
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delivered a lot of publish in the
French three years of the PRESI administration.
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Not surely can point to any one
pub anyone's going to person delivered. It
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isn't getting better now that at least
we look at that point into something really
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that this and this five years of
where admistration is trying to put in place
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that I don't who can points to
me? And this substantial happened fast three
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years of administration. It isn't power
it see billions the last I just read
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them power and you can't find power
is in real life? Who can't find
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it? In the education? I'm
not showing any school of any any noon
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school of what I work with the
standard it's ever to. So the rules
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here so bad beginning the probability becomes
common to so that doesn't look said.
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We need to induces to be bringing
these issues out and be condemning them.
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Thank god that they mean this aggistration. They have points out, seasons have
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to within them that he came to
forward that money was finding goole accounts with
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respect to the school. Feeling for
it's gratifying. And this is a government
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that does not cover or corruptions.
But after expositions the consequences the consequency is
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easier. That Again it's debatable because
also have one home by some systems,
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so the book accountabilities very coom by
some systems. We have a system where
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by your presuminus until pro reguilty,
no matter how clear, no matter how
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every days are bringer bring and evidence
of the matter. You cant your catch
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his hands righting the features. You
must taken three legal processes. And there
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are people who are fred pleasures of
corruption and the lawyers. They are the
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leisure to the jagers of corruption,
corruption and corropbatisties. Yeah, it will
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line up. The will line up
to come as the friends and then start
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of the matter and maybe the processes
umbas on to the attend that during the
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firstcout get hired at that point and
the matter would So we need lots to
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change. We want a lot to
change. You have to fight corruption.
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We motor a special cause, a
special legal system is more at the cow
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way that that issue of corruption,
this issue of longping high level corruption with
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ornary with all the in our course
and Lord that we're have in this country
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was not because anywhere it should be
the other ware round me guilty and to
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improve their innocent If you keep using
this the matter of your innocence and the
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broving us, my dear, who
will not go any people with still communi
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client with the community. They have
been money to build lawyers, the practice
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judges, and then the matter is
just un as the capet and I think
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there should be a new Man tracking
party. If we don't keep correction,
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passure certainly killers that's one too.
I don't compress, we don't come to
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our published groups. You'll keep shouting. Chatting about shouting is shuting that you
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are number one for your problem groups. Let's have a smaller Let's have the
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smaller families, Let's have small more
productive work, work, work, the
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more productive people. And then I
tell you this country has everything to go.
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WO keep celebrating and made celebration,
not any of our families in our
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home. Thank yourself for being a
guest on the show today. I know
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the conversation will continue from here.
We really appreciate the privilege of your time.
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That was my pleasure. Thank you
about so after Dome
