Highlights

REASONING WITH PMB

REASONING WITH PMB.
THE FG IS IN RECESSION BUT THE PRIVATE SECTOR IS NOT IN RECESSION. ALABA MARKET IS NOT IN RECESSION. TRADE FAIR IS NOT IN RECESSION. BALOGUN IS NOT IN RECESSION. BUSINESS REMAINS BRISK IN ONITSHA, NNEWI, ABA AND MILE ONE MARKET. BUHARI CAME IN, PLANNING ON PRESIDING OVER OIL MONEY. OIL IMMEDIATELY LOST VALUE. HE TREATED NIGER DELTANS AND IBOS AS IF HE HAD JUST DEFEATED THEM IN A WAR AND AVENGERS EMERGED. HE IS STILL TALKING OF DEFEATING THEM AS OIL PRODUCTION FALLS TO THE GROUND. ALMOST TWO YEARS INTO HIS ADMINISTRATION, HE IS STILL TELLING US WHAT WE ALREADY KNOW. IS THAT NOT WHY WE VOTED HIM? WE VOTED HIM BECAUSE JONATHAN FAILED. WE NEED TO HEAR SOMETHING NEW. STOP BEATING OUR EARS WITH JONATHAN. QUESTION IS…WHAT HAVE YOU DONE FOR US, LATELY? YOU MESSED WITH THE DOLLAR NOT JONATHAN. YOU PICKED THE FINANCE MINISTER, NOT JONATHAN. YOU ARE SO UNCOMPROMISING, YOU CAN’T EVEN ENGAGE AVENGERS. YOU HAVE BEEN CONSOLIDATING IBO DISLIKE BECAUSE YOU DON’T CARE. THAT BOY LANGUISHING IN JAIL IS NOT AN IBO LEADER BUT YOU ARE TURNING HIM INTO A MONSTER. THE INTRIGUE TO OUST THE SENATE LEADER HAS BEEN ONE OF THE BIGGEST STORIES OF YOUR ADMINISTRATION. BELIEVE ME SIR, CORRUPTION IS NOT THE FOREMOST REASON FOR NIGERIA’S ECONOMIC DOWN TURN.  THE FOREMOST REASON IS YOUR CONTINUED DEPENDENCE ON DWINDLING OIL REVENUE. YOU SHOULD BE MINISTER FOR AGRICULTURE NOT PETROLEUM. YOUR FOCUS IS NOT QUITE WHAT IT SHOULD BE. YOU CAN NOT SERIOUSLY BE CONSIDERING SELLING NLNG. SIR, YOU NEED PEOPLE WHO HAVE PRACTICAL EXPERIENCE OF TURNING AROUND AN ECONOMY. THOUGH THE LEVEL OF CORRUPTION NEEDS TO COME DOWN, YOU CAN NOT GET AWAY FROM THE NEED TO URGENTLY BUILD AN ECONOMY FOUNDED ON MANUFACTURING AND EXPORTATION OF PROCESSED GOODS NOT MINERAL RESOURCES AND RAW MATERIALS, MAKE MUSIC AND ARTS LUCRATIVE BY KILLING PIRACY, STOP MESSING AROUND WITH THE POWER SECTOR, PUT US ON THE MAP IN TERMS OF TECHNOLOGY AND TURN NIGERIA INTO AN AGRICULTURAL ABUNDANCE WITHIN TWO YEARS. IF YOUR PEOPLE DO NOT KNOW HOW TO DO IT, FIND PEOPLE WHO CAN. THE BIGGEST STUMBLING BLOCK TO PROGRESS IN NIGERIA IS THE GOVERNMENT AT ALL LEVELS. FORGET APC AND PDP POLITICAL BS. PARDON THE LANGUAGE SIR BUT ITS GOT TO BE SAID. APART FROM YOUR SYMBOLIC BATTLE AGAINST PDP CORRUPTION, I DO NOT KNOW OF ANY COMPREHENSIVE PROGRAM TO BRING THE NIGERIAN ECONOMY OUT OF THE DOLDRUMS. I BEG TO BE CORRECTED. LOOK AT THAT TS THING YOU DID TO BANKING, CRUSHING LIQUIDITY, KILLING INVESTOR CONFIDENCE. IT IS UNBELIEVABLE THAT AFTER SUCH AN ATTACK AGAINST THE BANKING SECTOR THAT YOU SHOULD BE ASKING THEM FOR LOANS. ANYWAY, MAY BE ULTIMATELY THE SQUEEZE WILL SHRINK THE FEDERAL GOVERNMENT, SHOCK FREE LOADERS AND ALLOW PRIVATE ENTERPRISE TO TAKE OVER. SIR, THE AMOUNT OF MONEY IN THE POCKET OF THE FG IS NOT THE ABSOLUTE MEASURE OF THE HEALTH OF THE ECONOMY. IT IS TIME TO PRIORITIZE ECONOMIC GROWTH OVER ALL YOUR OTHER PRIORITIES. IT IS TIME TO WORK WITH THE PRIVATE SECTOR AND OTHER NIGERIAN STAKE HOLDERS RATHER THAN PUNISHING THEM. WHO SAYS THAT PUNISHMENT MEANS GROWTH. ANDY BRIGGS

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