Nigerian banker, philanthropist Tony Elumelu said this in an opinion piece originally published in Time.com on 29th September 2015. He had also been speaking in the same vein at a United Nations economics and development event in New York, one of many surrounding the 2015 General Assembly.
It is not a secret that Europe has kept Africa underdeveloped by unfair trade and investment practices. The un-Equal Partnership Agreement which is designed to ensure open customs borders for goods and services but closed borders for labour has been proposed to ensure that the terrible statusquo is retained. This writer has earlier described the whole scheme or scam as a "poisoned chalice."
I am surprised that Elumelu with his exposure and intellectual pedigree did not commence his address by giving full credit to Dr Charles Chukwuma Soludo. It is only in Nigeria that development intellectuals and activists deliberately ignore foundations laid by their forebears. The same is sadly true of our government processes. No wonder we stagnate. We keep re-inventing the wheel!
At this stage one would have expected Elumelu to offer new prescriptions and/or amendments to the clear road maps advanced by Dr Soludo and his ilk. To have ignored Soludo completely is a disaster. At the very least, Elumelu should have DISAGREED with his prescriptions. In that way they would at least be talking TO each other instead of PAST each other. Benefits can only accrue from robust debate.
We cannot keep covering the same old ground by repeatedly "identifying" our predicaments. A few days ago I watched a documentary on bictrailer.com detailing the work of US entrepreneur and philanthropist Manoj Bhargava. He stated, and I agree wholeheartedly, that awareness (of a problem) is good BUT is not the same as pursuing and ultimately procuring a solution. He committed his organisation to address just a few. Readers are encouraged to check this out.
ON REFUGEES
Elumelu also wrote, "European countries (who) must offer refuge or other types of protection to asylum-seekers who can show that they are fleeing war or persecution . . . are under no such obligation, however, to those looking to improve their prospects."
Really? Europe created and continues to create the mess in the first place. On the other hand, it a tough job trying to differentiate between the two classes of migrants. As Soludo rightly pointed out they must share in the burden of stemming and if possible reversing the flow of migrants by bold investment and trade policies going forward. Otherwise the EU should be prepared to deploy the same military that it has shown reluctance to call up against Russian aggression in Ukraine simply for the futile effort to keep out African economic migrants. They will fail.
"Africapitalism" backed by $100m seed money is a good start, but it is still infinitesimal compared to the missed opportunities, the leakages entrenched in the current structures of trade, thievery, investment and tax avoidance regimes which Europe has perfected over the past six decades. $100m, more like Elumelu's life work, can be cleaned out and it's potentially positive impact undermined by a simple project meeting gone bad. The NLNG Limited contract bazaar is a case in point. Over $180m vanished into thin air.
Yes, Small and Medium Scale Industries have a major part to play in Nigeria's future growth and job creation prospects. However we must be able to get the advanced world to domesticate some of the high end, advanced technology and large industries to soak up the output of the SMSI. Otherwise we will spend the next half century manufacturing plastic flip-flops. That is not the kind of growth we should bequeath our grandchildren. Anybody who cannot undertake or understand a proper analysis of the failure of say Dunlop and/or Michelin in Nigeria, has no business sitting in where Nigeria's industrial future is being discussed.
If we fail, the northward trek will continue.
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