– as it relates to
their utterances and by extension their
contribution to national development –
because whereas one is currently deep in
the present administration, one is out
of it or indirectly in it. But it might
also make sense to judge them at least
from the perspective that both of them
represent, directly or indirectly, the
American induced and controlled World
Bank and IMF.
What I intend to do here is to bring out
just a few quotes and assertions from
both woman of substance and leave
Nigerians to judge who is better
connected to them and who is not – out
of the two of them. This will be a safer
way of not being accused as a bad judge.
Recently on the nagging issue of “oil
subsidy” removal, Dr. Obi Ezekwesili was
quoted as saying that "Government
needs to focus on the supply side. The
supply structure of fuel needs urgent
attention of the government. First of
all, in tackling the issue of fuel in
the country, the government should be
able to address the supply of fuel. That
is all I can say on this at the moment."
On the other hand, Dr Okonjo-Iweala who
doubles as Dr. President Jonathan’s
Finance Minister and co-coordinating
minister of our economy told people
recently, as published by LEADERSHIP,
and various other news media that the
oil subsidy removal “…will create a
balance in the system”. I do not really
understand the balance she is talking
about. Is she referring to the balance
on corruption or the balance on
reactivating the refineries or building
new ones?
She further informed that “… federal
government had set aside funds to
stimulate the youth entrepreneurs’
project including “the YouWin project”
stressing that “We need every means we
can use to tackle unemployment in this
country.”
From the foregoing, Dr. Ezekwesili
diplomatically advised that “oil
subsidy” removal is not the issue while
the master of our economy thinks it is
the issue but she does not believe that
corruption can be fought in any other
way than “oil subsidy” removal. I would
rather leave readers to make case with
just those assertions and see out of
these two amazons who is more connected
to the realities of the Nigerian
economy.
But we discover that this is the second
time Dr. Okonjo-Iweala is playing a
major role in our national economic and
financial matters. Her first coming was
during Chief Obasanjo’s administration
when she succeeded in paying her masters
12 billion dollars at a swoop from our
national reserve. The same theorems she
propounded during that era has not yet
yielded any job creation and we are
being made to take more theorem. The
question one may ask is why should these
theorems not be served the civilized
economies that crashed and are still
crashing left and right? The Nigerian
problem with investors not streaming
into our country, if Dr. Okonjo-Iweala
will care to know, is that of corruption
which powers all other social maladies.
It is corruption that has made our three
or four refineries not to produce at
installed capacity. It is corruption
that has made our power system not to
function. It is corruption that has held
down our educational system. Corruption
is responsible for the collapse of our
air and rail transport systems just as
the road. It is corruption that has made
it impossible for the likes of Michelin
and other multinationals to drone out of
our economies to neighboring countries.
It is corruption that has made Ajaokwuta
steel not take off since all the huge
amount of money invested in it.
It is corruption that has created the
image known and called “oil subsidy”. So
let corruption be tackled first and all
other associated socio-political
problems will naturally go with it. This
is simpler that those hyper economic
theories as is being propounded by the
honorable coordinating minister of our
economy and Minister of Finance. So for
as long as corruption is not tackled
head on, so will there be one subsidy
notion or another and the nation will
get to a breaking point in the
processing of pursuing virtual subsidy
removal.
If we had allowed Dr. Ezekwesili an
opportunity this time around – to man
our economy, maybe she would have
advised President Jonathan against this
cancerous growth trying to spread into
full blown destruction. Or could she
have coalesced? One wonders if there is
anything that beclouds human being s –
mostly Nigerians – when once they find
themselves in corridors of power.
Another point here is that it is
possible that when you get employment in
these Breton woods organizations you are
still allowed to be whom you want to be.
Or does some of our government people’s
reaction have anything to do with the
schools they attended? But school issue
is out place because our own president
told us he went to school without school
sandal and bag for his books. This does
not suggest he went to Cambridge or
London school of Economics or anything
like that.
But this will become evident if Dr. Obi
Ezekwesili still holds her views on our
economic matters and still retains her
job in the World Bank. Time will tell
and let the Nigerian media be in the
vanguard of educating and informing
Nigerians properly in the true situation
in the land and not just report verbatim
whatever is suggested by a few
inordinate and selfish establishment
people.
Chris Onyishi (ctekchris@yahoo.com)
Abuja, Nigeria.