THE REBIRTH OF NEW NIGERIA: WAR ON CORRUPTION AND RESTORING THE CONFIDENCE OF INVESTORS ADDRESS BY: COLONEL HAMEED IBRAHIM ALI (RETIRED) COMPTROLLER GENERAL, NIGERIA CUSTOMS SERVICE DELIVERED AT NIGERIA ARAB ECONOMIC SUMMIT 2017 MARCH 13, 2017. RITZ CARLTON INTERNATIONAL FINANCE CENTRE DUBAI, UAE 1. Introduction: The renewal of Nigeria’s promise to its citizens is a process that requires a vision of prosperity, security, productivity and global pride. This cannot be achieved without serious effort, considerable sacrifice and extensive collaboration that harnesses capabilities across diverse sources to forge a nation of endless innovation and boundless bounties. The Nigeria of our dreams will be built on the creativity and …show more content…
It is therefore, my pleasure to make this address at the Inaugural edition of this summit which focuses on the Diversification of Local Production for Global Consumption. It is my hope that lessons shared and partnerships forged at this event will plug into our efforts in economic diversification and enhancing the global competitiveness of Nigerian products and services. 5. This will not be possible without serious commitment to solving issues that present challenges of a global nature, starting from home. Our government is fully aware of the dangerous effects of corrupt systems and institutions on our national survival, and keeping the sanctity and integrity of global political and economic transactions. The cost is one that is too great to bear. To ensure beneficial programs that utilize the productive capacity of Nigeria and its citizens, Government is working towards providing an enabling environment for honest transactions. The decades of corruption getting a head start on us has made the fight difficult but also emboldened us to ensure that corruption never again finds a safe haven in our systems and institutions. 6. Institutional Re-Positioning: The Nigeria Customs Service (NCS) as a frontline trade institution is a critical element in winning this anti-corruption war. We must not
Beaming sunrays, beautiful trees, and wild animals sound like the vacation of a lifetime. The country of Nigeria has all of these things plus plenty more to offer. Nigeria is located on the warm, dry, tropic continent of Africa. Unique foods, bright and colorful clothing, rythme filled dances come to mind when I think of Nigeria. Some people on the other hand would like to enjoy a warm fire place with a cup of hot creamy cocoa and soft fuzzy blankets in a winter lodge of Denmark. Sometimes A soft fur, games, food and being surrounded by family is all person need to call their vacation complete. Two different places with an abundance of beauty waiting to be seen.
Two futures for Africa are possible-one with a democratic and stable Nigeria, and one with a Nigeria stricken by autocratic rule, corruption, and intermittent coups. An entire continent awaits the result of the Nigerian experiment with democracy. Nigeria has the resources and can provide leadership to foster greater regional and international cooperation, leadership that many of Nigeria's neighbors need. A successful Nigerian democracy would provide hope for many of Africa's other burgeoning democracies.
The Republic of Niger, a poor, landlocked country, located in the heart of Sub-Saharan West Africa. Niger has seen its fair share of change throughout the decades; moving away from the control of the French Parliament in 1960, Niger formally declared its independence. Despite this bold act of independence, Niger would not see its first steps towards democracy until the early 1990’s, when they held their first open election as a free state. However, even with the empowerment of the people in a democratic government, Niger has seen itself nearly torn apart as a result constant coups, that have occurred as recently as 2010. Such instability has led to incredulous amounts of corruption and poverty, within the Niger government. This lack of stability and constant turnover in government, has been a driving factor behind the lack of resources available for education in Niger.
That is great news to hear for any nation that has struggled for so long like Nigeria has.
The Nigerian economy has quite the surplus of natural resources they offer the potential for economic growth. “Crude oil accounted for over 95% of exports and over 65% of government revenue in 2004;” Nigeria is number eight in the world's exporter for oil. But agriculture still is a big part in the basic economic activity for the Nigerians.
Ethnicity is how individuals perceive themselves, and unlike race it can be changed. There are countries in which there are several different types of ethnic groups, and in some cases that could lead to conflict within a country, but as research will show it is not the only cause, and in some cases the conflict was purposely organized. In such cases it is usually in a developing country, which is “defined according to their Gross National Income (GNI) per capita per year. Countries with GNI of US$ 11,905 and less and less are defined as developing (specified by the World Bank, 2012).” (CITATION) Developing countries that have established themselves as democracies tend to have weak institutions, where elections are more about connections
Niger, home of the free flowing Niger River is a Sub-Saharan country. Sadly it is an extremely poor country. With part of the country desert and less than 3% open for crop use. The present economic situation is bleak at best. Yet, the vibrant tradition and history of this country live today in its tribes and its people even through all of its adversities. From severe droughts to military coups to a dysfunctional government to the culture has stayed strong.
Before we begin, let’s take a look at the country and its environs. Nigeria a former British Colony, located in the western part of Africa, it shares borders with Benin, Cameroun, and Niger. A growing population of 150million, labour force of 51million (70% Agriculture, 10% industry and 20% service), urbanisation is less than 40%, GDP is over $300billion, Per capita income is $2300. Nigeria is blessed with different cultures, languages and ethnic groups (252 in total); this was due to the colonization of the British in the early 19th century (Columbia Encyclopaedia). The British amalgamated its protectorates in 1914 to enable stable control and governance which made them create one Nation of Nigeria formed from all the groups, community and empires around the Niger area under their control. Nigeria had her independence on the 1st of October 1960 and since then various civil wars, political and religious unrest in the country to share power and resources amicably.
Corruption can be defined as the use of entrusted power to accumulate public wealthy for personal benefit. Corruption is not peculiar to any country, continent or state; it is sure a global issue which is an endemic to all government all over the world. However, corruption is prevalent in the Niger delta region of Nigeria; public officers in this oil producing state of Nigeria are corrupt. Consequently, it has defied the Niger delta from developing politically and economically which has left the states reputation in a mess. Radicalization of youths, abject poverty and -political instability are the three leading effects of corruption in the Niger delta region of Nigeria.
To begin this examination, an understanding of the issue is necessary to receive a full appreciation of why Nigeria’s failures in securitizing the issue of corruption is important to the argument. This unsuccessful securitization is possible because within government “corruption, while being tied particularly to the act of bribery, is a general term covering misuse of authority as a result of considerations of personal gain, which need not be monetary” (Bayley 720). Correspondingly, it is imperative for this overarching argument to comprehend this concept because the quote allows for the conclusion that corruption influences the root of decision making by enticing leaders and policy makers into acting in ways that
The discourse of the endemic grand corruption in Nigeria is inadequate without a critical scrutiny of the roles played by the multinational companies (MNCs) in facilitating and sustaining grand corruption. Scholars argue that companies, especially multinationals, are the biggest perpetrators using a sophisticated network of notional companies and corporate structure to facilitate corrupt practices in developing countries. In essence, grand corruption in Nigeria is to a large extent sustained by the involvement and collusion of multinational corporations operating within and outside Nigeria. The quest for global expansion, global competition and profit maximisation underscores the multinational corporations’ exploitation of the vulnerable endemic corrupt administrations in Africa by offering huge bribes.
In a village far away, there once lived a girl whose alias was Eira. Eira appeared to be commended by many others, but had yet to discover a gentleman that would dote her as much as she will dote him. Until one day her life took a turn for the preponderant.
Summary: The paper titled “The value of face-to-face: Search and contracting problems in Nigerian trade” provides micro-empirical evidence of significant trade costs or costs of transactions over a distance within country associated with imperfect contract enforcement and inability to observe the frontier verities of products available in the source country or destination. Conventional gravity models of trade attempts to capture the costs associated with information friction by introducing proxies such as shared language or quality of legal institutions, however firm level effects of such information friction are largely absent in those models. To entangle the effects of informational frictions, the author identifies the two sources of
of the local industries to produce products that can compete favourably on the international market.
Rural development of the grassroots has been the concern of every responsible and responsive political system. This is because development and participation have continued to elude people of the grassroots. Development remains insignificant if it does not positively affect the lives of those in the periphery of decision making arrangement. The Nigerian state therefore created local government as the third tier of government whose objective is to ensure effective, measurable and efficient service delivery to the people. Local government is faced with various difficulties. The major concern of this paper is to dwell on these difficulties and illuminates the factors that are responsible for them. In achieving this, the paper relies