.

.

Clinton carpets Nigerian leaders for wasting resources


• Says poverty fuels religious violence

United States former President Bill Clinton yesterday blamed Nigerian leaders for squandering the country’s resources. Adding that money realised from oil had been mismanaged.

Clinton, who spoke at the 18th Annual ThisDay Award for Teachers in Abeokuta, the Ogun State capital, noted that the country could have invested her earnings from oil in other entrepreneurial endeavours rather than squandering it.

The former US president said that Nigeria would be one of the greatest 10 countries of the world only if her leaders could effectively manage her natural resources well in a way that would reduce poverty across the land.

He noted that the future of Africa depended on Nigeria and South Africa, but regretted that Nigeria had not done well with her oil money.

“When I became president, my Secretary of Commerce did a lot of work in Africa before he was tragically killed in a plane crash in 1995 and I said he should make the list of the 10 most important countries in the world for the 21st century and Nigeria was in the list. “Imagine the future of the entire continent if Nigeria fails or South Africa fails.

So, you are a country of potential,” he said. Clinton lamented the apparent inability of the country’s leaders to harness the opportunities available for Nigeria to become great.

“I would say you have about three big challenges. First of all, like 90 per cent of the countries who have one big resource, you haven’t done well with your oil money. You should have reinvested it in different ways; now you are at least not wasting the natural gas, you are developing it in pipelines.

You don’t do a better job of managing natural resources.” He advised policy makers in Nigeria to ensure that they bring economic opportunities to those who did not have so as to reduce poverty in the country.

Emphasising that the revolution witnessed in the telecommunication industry has not been able to reduce poverty and illiteracy, Clinton urged governments at all levels in Nigeria to empower citizens with education and the needed capital so that they could make a success of their individual lives.

He also charged Nigerian leaders to harness the “staggering” intellectual and organisational ability in the country which her citizens exhibit in every country of world where they are immigrants and to bring such to bear at home in order that the country could realise her potential for greatness.

“One of the people on my trip with me today who unfortunately could not come up here because he had to go visit his family is a young Nigerian-American named Nnamdi. He is an all proquarter back footballer for the Philadelphia Eagles. He’s a wonderful man; he does great work in America for poor kids in Arkansas City and he became a friend of mine.

“His parents have PhDs, his sister has a PhD; he often says ‘I’m the failure in my family and I only have a university degree and I play football.’ My point is: there are Nigerians who are like this all over the world.

“What you have to figure out is how to keep those people in Nigeria and how to ensure their success leads on into the rest of the country,” he said. Clinton also said that the country must evolve a national policy that would make local governments tackle poverty at the grassroots.

“Prosperity is heavily concentrated in and around urban areas. So, you have all these political problems and now violence problems, religious differences and all the rhetoric of Boko Haram, but the truth is the poverty rate in the North is three times greater than what it is in the Lagos area.

And to deal with that, you have to have both powerful stake in the local governments and a national policy that work together,” the former American president added. Clinton also said that the country must do more to alleviate the extreme poverty in the North to halt the wave of bombings, shootings and kidnappings by Islamic extremists. He said that poverty remained the main driver for the attacks and needed to be addressed by strong local and Federal Government programmes.

“You have to somehow bring economic opportunity to the people who don’t have it. You have all these political problems and now violence problems that appear to be rooted in religious differences and the all the rhetoric of the Boko Haram and others, but the truth is the poverty rate in the North is three times of what it is in Lagos,” he said.

Clinton advised that Nigeria must not take a “divide the pie” approach toward attacking poverty.

“That appeared to be a subtle reference to the endemic corruption that envelopes government and private industry in the country. It’s a losing strategy, the former president said.

“You have to figure out a way to have a strategy that will have share prosperity.” He advised Nigerian leaders to pay more attention to agriculture and education of her citizens to be able to actualise her potential on the African continent.

1 comments:

  1. Anonymous says

    Some freе dating firmѕ try to catch fleeting movеs in evеrything from
    heavy аgricultural and mining equiρment posted better-than-expected
    quarterly prοfit аnd isѕued robust
    pгofіt guidancе. They have numerous partnerѕhips with overѕeas financiаlinstitutiοns аnd are well connectеd to my famіly.


    Also vіsіt my webpаgе :: hasslefreedatingtv.com


Share

Twitter Delicious Facebook Digg Stumbleupon Favorites More