Friday, July 20, 2012


Imagine what Nigeria’s education system would be like; if the over 700 billion naira spent on school fees yearly in Ghana and UK’s education systems was retained here.What would Nigeria’s economy be if the skills of the computer technicians at Computer village are fully utilized? What if we have excellent technical schools to train artisans so that we do not have to “import” artisans from Togo and Cotonou? Would Nigeria witness tangible growth if the informal economy was integrated into the formal economy? Let’s imagine how much revenue is lost from the parallel economies at Balogun, Okrika, Alaba, and Daleko markets.Won’t naira value improve if the loopholes in parallel financial institutions (e.g Bureau de change operations) are plugged so that the remittances and foreign exchange in and out of the country are properly captured? How would it be if our railways were working and if the cost of doing business is not cumbersome?
What if the textile industry in Kano is resuscitated and Ankara is “made in Nigeria”? Or if  factories are built instead of shops and event centers?I wonder how much revenue is lost because Ajaokuta steel mill is under- utilized. What if we produce and export “made in Nigeria” cutlery and crockery?
Imagine what Nigeria’s economy would be like; if import tariffs are not prohibitive such that business men and women resort to illegality and smuggle goods from neighbouring countries; if tourist sites are maintained and advertised so that foreigners visit Yankari rather than Accra?What if Nigerian firms are given chances to provide first-hand services they are capable of, rather than employing the services of foreign companies for equal results and triple fees?Imagine what Nigeria would be if “returnees” are allowed to contribute to their nation and are not belitted for “not knowing about the system?Imagine what Nigeria would be like; if the lives lost to insecurity are saved and live the dream of a better Nigeria. 

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