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Wednesday, 5 April 2017

Sanusi Lamido is asking, What are the implications of Brexit for Nigeria?


Kaduna Investment 2.0. What are the implications of Brexit for Nigeria?
What are the implications of Brexit for Nigeria? Sanusi asked... Implying that there have been too much noise going on in the country. 


Read him below:


Kaduna Investment 2.0. 
What are the implications of Brexit for Nigeria? As I start, I will try very very hard not to offend anyone. Apologies in advance if I do. If you've been reading Nigerian newspapers for the last 3 weeks, Nigerian Tv and social media, you'll be concerned. There has been no serious conversation over the last 3 weeks. Too much noise. If you create too much noise, nobody sees you good work. Nobody sees the progress on anti-corruption or security. All that noise have the consequences of noise.
I have spoken a few times on the Economy. I think I have actually said enough. I'll just summarize The growth of Nigeria in the periods of high growth were driven largely by rising commodity prices & debt. The Federal Government is spending 66% of its revenue on interest on debt. 34% left for recurrent & capital. We have Governors, they spend 1 month in China then return with MOUs of debt. A nation (state) is only transformed by vision.If the vision is flawed, every single thing is flawed automatically. We need to invest in education and healthcare. We are in denial. The North East and the North West of Nigeria are amongst the poorest parts of the WORLD. Not just Nigeria. If Borno and Yobe were countries, they'd be poorer than Niger and Chad. I publicly opposed the opposition of the Movie Village in Kano. We had a comparative advantage with Kannywood. Now, that entire industry is now being moved to Kaduna. I am sad Kano has lost it. Happy Kaduna got it. We refuse to recognize that the rest of the Muslim world has moved on.

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