PDP AND THE ELECTIONS OF 2015: GAME OVER AND THE NEED FOR GAME CHANGER IN NIGERIAN NATION? Whether the PDP party like it or not; Majority of Nigerians are hoping for change in the nations democratic game. One good thing about democracy: its a system that accepts and welcomes competition. Although some experts argue that prediction and imagination in political game or international relations is not reliable due to human factors. Because human being or society can easily change for one reason or the other or due to certain circumstances that might happen suddenly. The USs Presidential election of 2009 is a perfect example in this particular case. Because what helped the Democratic Party (to have upper hand for Obama to have won the Presidential election) was the global economic crunch of 2008. That was a scenario the world hasnt experienced since 1934 global economic depression. If we are to consider the current happening in Nigeria as regards to governance, economic development and social system; Nigeria and majority of Nigerians have little hope in democratic governance. This is due to the fact that they have been experiencing naïve and bad leadership from the ruling party for the past fifteen years (the essence of democratic governance is to solve public problems, politically, economically and socially). But unfortunately, the security challenges and analog economic policy have dwarfed the economy of the nation; especially the individual economic wellbeing, and on the nations economy, we have heavily relied on crude oil income (90% or almost are from crude oil) of which is wrong for any serious nation to depend on oil money. No nation among the top ten world economies depend on oil income. From USA, China, Japan, Germany, France, Brazil, India, Britain, Canada and Turkey; (all) depend on manufacturing or mainly on trade and services. Experts assert that 90% of global economy depends on trade and services. IF abs-initio Nigeria has had committed leadership in the past 50 years or so; we would have been in between India, Brazil and Turkey within the global economic scale. The crude oil (moves heavy industries, ships, Flights, trains, cars etc) is just a wheel for global economy; transporting goods and services---pure and simple. So, the dependency on crude oil is unwise and will never make Nigeria and Nigerians economically viable. Nigeria is still among the top 100 poorer nations. The UN human development index of 2013 Nigeria is still at a position of 147 among the 174 nations. The USA with only 4% of world population, but 26% of world economy takes place there. Africa, three times more populous than the USA contributes less than 2% of global economy. What of Nigeria? A nation in stagflation? To be continued In Sha Allah Abbati Bako,psc,bsis,mti,UK
Posted on: Sun, 17 Aug 2014 23:14:24 +0000
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