Archive for nigeriang

She didn’t stay so she’s a bitch

She didn’t stay so she’s a bitch

He lied, went
behind her back and had multiple affairs with many women with no regard
for the home they had built together or the impact it would have on
their children. He went totally against the vows he made in front of
friends and family and in the eyes of God. So she decided to walk away
because trust, that bedrock upon which her marriage stood had been
irrevocably broken.

And now she is the
bitch, vilified and demonised. I am talking about Elin Nordegren, the
much-maligned wife of golfing king, Tiger Woods. After maintaining a
very dignified silence throughout the sordid sex scandal she gave an
interview to People Magazine in which she talked about the emotional
difficulties she faced when she found out her husband was cheating.

For Woods fans
particularly the Nigerian ones, this was too much. So on Facebook and
other social media websites, abuse of all sort has been heaped on
Nordegren’s head. Some of the more colourful phrases used to describe
her include “ f***king bitch, stupid woman, bloody nanny, gold digger
and whiner.” Her crime according to them is that she refused to
forgive. After all they argue she was just a nanny when Woods married
her and now she is walking away with a fortune. It seems Nordegren’s
refusal to play the “ dutiful” wife who stands by her man makes her a
horrible person. In all this only a handful of commentators even made
reference to the behavior that precipitated the divorce – Woods’ serial
cheating. Even those people insisted that their commentary on Nordegren
had to be isolated from their commentary on Woods’ behavior. As one
commentator put it, that is “a topic for another day”. The commentator
didn’t see the irony in trying to pass judgment on Nordegren’s action
in isolation from the behavior that led to it.

Throughout these
discussions, one theme that kept re-emerging is that Woods married the
wrong girl. He should have married a black girl or even better, a
Nigerian woman. The implication was that if that were the case, he
would still be married. Nigerian women were ‘ strong’ some
commentators said and therefore capable of forgiving these sorts of
transgressions and indeed do so on a regular basis. It is almost as
if Nigerian women have a gene that makes it easy for them to tolerate
cheating.

This simplistic
analysis of course does not delve into the socio-cultural issues that
mean the average Nigerian woman has very little choice when it comes to
walking away from a cheating husband. Our laws and traditions are
largely skewed in favour of men.

Children belong to the man;
inheritance is not always automatic for women and in many parts widows
do not automatically inherit from their husbands. If there was a more
even playground and women could take some of the wealth they helped
create, just how many Nigerian women would stay? There are too many
who remain in unsatisfactory marriages, with all the tensions inherent
in that union because they have no options, making it impossible for us
to conclude that those who stay are making a willful decision not
determined by economic and cultural circumstances. Evidence for this
can be gleaned from the high rate of sexual infidelity and support for
polygamy, which makes it difficult for women to go against the tide.
There is also discrimination against unmarried women and the stigma
attached to childless women. Increasingly too, and perhaps because of
circumstances, Nigerian women are becoming more materialistic, focusing
on what economic gains they can get from a relationship rather than all
the other things the union is supposed to provide. There are of
course women who decide to reach an accommodation with their spouses
even though they recognize the marriage has failed. Such couples remain
together for the sake of their children, the higher good, so to speak,
takes precedence over personal happiness.

A lucky few are able to
completely salvage their unions after a spouse has cheated. These are
the ones who genuinely forgive. This is also laudable because
forgiveness is important not just in marriage but in every sphere of
human interaction. A few studies have even found that this sort of
turbulence if handled properly can lead to a more meaningful
relationship between the couple.

The point however, is that circumstances vary and people will make decisions based
on their own personal situation, a state of affairs that many a time we
on the outside are not privy to. So those who decide to walk away also
deserve understanding. Speak to anyone who has gone through a divorce,
it is a tough, heart wrenching process that is life changing for all
those involved, from spouses to children to the wider extended
family and friends. It is not a step taken lightly.

Instead of passing judgment, join me in wishing Woods and Nordegren
the best. While her settlement will mean Nordegren won’t worry about
money, she now has the task of building her self -esteem and learning
to trust again; these are no easy feats. As for Woods, he has to deal
with the fact that he helped dismantle a home he worked to build,
disrupting everything but especially the lives of his children whom he
must love dearly. Woods must find a way to forgive himself, if he is to
move on, and that too is no mean feat.

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Another epidemic of cholera

Another epidemic of cholera

Recent figures from the Federal Ministry of Health
indicate that the death toll from the most recent cholera epidemic to
hit Nigeria has risen to 350.

The numbers are still rising, and the ministry has
warned that “the entire country is at risk.” This latest epidemic has
hit at least eleven states, most of them in Northern Nigeria.

In August 2009, a similar epidemic broke out in Adamawa, Borno, Taraba and Jigawa states, claiming hundreds of lives.

Only a month ago, a Reuters’ news report said that
77 persons had died from cholera in Northern Cameroon, since the
beginning of June.

Reuters quoted an unnamed official of the Red
Cross as saying, back then: “There is the fear that if nothing is done
urgently, the epidemic might expand rapidly with uncalculated
consequences in Cameroon and neighbouring countries like Nigeria and
Chad.” Now it is clear that those fears were not unfounded. The ticking
time-bomb has exploded in Nigeria, and there is an understandable level
of panic in the land.

It is disheartening to imagine that in the 21st
century, Nigeria, with all the billions of dollars from oil at her
disposal, cannot save her citizens from a disease as preventable as
cholera.

In November 2009, barely a year ago, this paper lamented as much in an editorial.

“It is lamentable that despite the huge sums of
money allocated by our government for water supply to every part of the
country, many of our citizens still have to die due to lack of potable
water. The question then is: where does all the money go?” we said.

One year later that question still hangs
accusingly over the land. Where indeed does all the money go? Where do
all the promises by the government go?

Why are we saddled with a government that can only
react to tragedy, but will not do anything to prevent it from happening
in the first place? Following every outbreak of cholera – a scenario
which has now become a fixture on the calendar, such that it would not
be out of place if some state governments included “provision for
cholera” in the recurrent expenditure sections of their annual budgets
– governments fall over themselves to announce emergency measures.

Huge sums of money are released, isolation camps created, press conferences set up, assurances dispensed with reckless abandon.

A short while later, everything is packed up, the government returns to its standard state of slumber, to await the next epidemic.

And cholera is not the only epidemic to regularly hit Nigeria – the Northern part especially.

Meningitis and measles are regulars as well.

While the country succumbs to the menace of
cholera, our state governors appear more concerned with asserting their
powers as stakeholders in the politicking and horse-trading gaining
ground in the build-up to 2011.

When the Governors of the worst hit areas –
Northern Nigeria – gather under the aegis of the Northern Governors’
Forum, it is not to deliberate on the persistent threat posed by
cholera, it is to make silly declarations about “zoning.” What of the
local government authorities, whose primary duties it should be to
ensure the availability of potable water in communities, as well as
that citizens are adequately enlightened regarding the importance of
personal hygiene, since cholera is caused by the ingestion of food and
water contaminated with bacteria. We have come to the conclusion that
our local government authorities might as well not exist; such is the
extent of their abdication of governance that there is no point even
bothering to censure them. They are in most cases no more than huge
drain-pipes on the nation’s resources. Indeed, it may be argued that
the billions currently wasted on them would be better spent shared in
cash to the citizenry.

The health authorities have already wasted no time
in telling us what we already know: that this latest epidemic should be
blamed on contaminated water and a disregard for personal hygiene. But
what Nigerians, and presumably the world at large, would like to know
is this: While other countries struggle — and learn to cope — with
unavoidable natural disasters, like hurricanes and flooding, why does
Nigeria maintain its penchant for creating and perpetuating avoidable
ones?

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The growth and employment pact

The growth and employment pact

While I was away in
the South East I was pleased to get an sms from my good friend Volker
Treichel that he is back in town. Volker had been Chief Economist of
the World Bank in Nigeria for several years. A German national, Volker
understands the Nigerian political economy rather well.

Towards year’s end
last year he had spearheaded a study on Growth and Employment in
Nigeria. His basic message was a simple but alarming one: the economy
is trundling along okay, but the people are not.

This message was
reinforced at last week’s seminar on the new Growth and Employment Pact
initiative where finance minister Olusegun Aganga reiterated the
government’s determination to mainstream job-creation within the
country’s economic growth paradigm. The minister noted that the economy
had been growing at an average of 6 percent during 2005-2009 even as
unemployment has continued to rise.

According to the
National Bureau of Statistics, unemployment increased from 11.5 percent
in 2005 to 19 percent in 2009. With our current estimated population of
145 million,

this means that
27.5 million Nigerians are without jobs; a figure that is more than the
total population of Ghana (23.35 million) and Mozambique (22.38
million). If one also considers the sober fact that an estimated 94
percent of the employed are in the informal sector, then one gets a
grim picture of our national tragedy.

To be sure,
unemployment is an increasingly worrying trend the world over.
According to Angel Gurria, Secretary-General of the Paris-based OECD,
unemployment in the richest countries has risen from an average of 5
percent to the current 9.9 percent. Within the 27-member European
Union, the jobless stand at 23.06 million, a figure that significantly
less than Nigeria’s. What is more, in the advanced welfare democracies,
every unemployed citizen has access to social benefits.

In Britain, this
would include a free council flat and a monthly allowance of £400
(120,000 naira). A Scottish friend who was visiting at our home
recently told me that some of his unemployed nephews and nieces have
virtually no incentive to work, since their welfare benefits are only
marginally lower than what is on offer on the lower-skilled jobs market.

Contrast this with
Nigeria, where there are no welfare benefits to speak, within an
economy that Nobel laureate Paul Krugman would describe as one of
“diminished expectations”.

Over the past
decade, the billions of dollars of inward investments that we have
witnessed have been predominantly in the oil and gas sector, telecoms
and banking – sectors that do not generate a great deal of jobs.

Our manufacturing
sector has been virtually comatose, with several firms having relocated
to Ghana and other neighbouring countries, thanks to lack of
electricity, the high rate of criminal violence and a generally
inhospitable business climate. With an inflation rate that has averaged
more than 10 percent and with all the prevailing structural bottlenecks
in our economy, things have never looked more hopeless. Our youths are
understandably angry, with an army of unemployed that are large enough
to stage a violent national uprising. We are sitting on a time bomb.

It is an irony that
international development agencies have been more concerned about the
unfolding drama than succeeding Nigerian governments. The UK Department
for International Development (DFID) in collaboration with the World
Bank recently launched the Growth Employment in States (GEMS)
programme. GEMS seeks to boost the productive sector by improving the
business environment so as to accelerate private investment while
creating jobs and boosting incomes.

The two agencies
have contributed a total of US$300 million to the project, which will
initially cover four selected states of Lagos, Kano, Kaduna and Cross
River on a pilot basis. Among the sectors to be covered are wholesale
and retail trade, meat and leather, hospitality (hotels and tourism),
entertainment (music, films, Nollywood) and construction and real
estate.

The Growth and
Employment Pact opens up a new window of opportunity to resolutely
address one of our nation’s gravest development challenges. It calls
for action, not rhetoric. We must work across the three tiers of
government to launch a massive programme for the rebirth of the non-oil
sector while boosting jobs and getting our people back to work.

We have to think
outside the box. If we could put aside 200 billion naira every year for
the next 5 years we could take an average of some 1 million youths off
the streets by engaging them in the construction of rural roads, rail
tracks and other such direct labour public works. It would have such a
huge impact on the economy; restoring hope, boosting aggregate demand
and giving a massive push to growth and long-term sustainable
development.

During the 1930s
Great Depression in the USA, President Franklin Roosevelt applied this
public works approach in his New Deal strategy, with impressive
results. President Barak Obama is following the same philosophy, with
modifications. The long-suffering people of Nigeria expect nothing less.

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The parent model

The parent model

During the first half of this year, German and
American political leaders engaged in an epic debate. American leaders
argued that the economic crisis was so bad, governments should borrow
billions to stimulate growth. German leaders argued that a little
short-term stimulus was sensible, but anything more was near-sighted.
What was needed was not more debt, but measures to balance budgets and
restore confidence.

The debate got pointed. American economists
accused German policymakers of risking a long depression. The German
finance minister, Wolfgang Schaeuble countered, “governments should not
become addicted to borrowing as a quick fix to stimulate demand.” The
two countries followed different policy paths. According to Gary Becker
of the University of Chicago, the Americans borrowed an amount equal to
6 percent of GDP in an attempt to stimulate growth. The Germans spent
about 1.5 percent of GDP on their stimulus.

This divergence created a natural experiment. Who was right?

The early returns suggest the Germans were. The
American stimulus package was supposed to create a “summer of
recovery,” according to Obama administration officials. Job growth was
supposed to be surging at up to 500,000 a month. Instead, the U.S.
economy is scuffling along.

The German economy, on the other hand, is growing
at a sizzling (and obviously unsustainable) 9 percent annual rate.
Unemployment in Germany has come down to pre-crisis levels.

Results from one quarter do not settle the
stimulus/austerity debate. Many other factors are in play. For example,
Germany is surging, in part, because America is borrowing. Essentially,
we Americans borrowed from our kids, spent some of that money on German
machinery, and ended up employing German workers.

But the results do underline one essential truth:
Stimulus size is not the key factor in determining how quickly a
country emerges from recession. The U.S. tried big, but is emerging
slowly. The Germans tried small, and are recovering nicely.

The economy can’t be played like a piano – press a
fiscal key here and the right job creation notes come out over there.
Instead, economic management is more like parenting. If you instill
good values and create a secure climate then, through some mysterious
process you will never understand, things will probably end well.

The crucial issue is getting the fundamentals
right. The Germans are doing better because during the past decade,
they took care of their fundamentals and the Americans didn’t.

The situation can be expressed this way: German
policymakers inherited a certain consensus-based economic model. That
model has advantages. It fosters gradual innovation (of the sort useful
in metallurgy). It also has disadvantages. It sometimes re-enforces
rigidity and high unemployment.

Over the past few years, the Germans have built on
their advantages. They effectively support basic research and worker
training. They have also taken brave measures to minimise their
disadvantages. As an editorial from the superb online think tank e21
reminds us, the Germans have recently reduced labor market regulation,
increased wage flexibility and taken strong measures to balance budgets.

In the United States, policymakers inherited a
different economic model, one that also has certain advantages. It
fosters disruptive innovation (of the sort useful in Silicon Valley).
It also has certain disadvantages – a penchant for overconsumption and
short term thinking.

Over the past decade, American policymakers have
done little to maximise their model’s natural advantages or address its
problems. Indeed, they’ve only made the short-term thinking problem
worse, with monetary, fiscal and home ownership policies encouraging
even more borrowing and consumption.

Nations rise and fall on the intertwined strength
of their cultures and governing institutions. Despite all the normal
shortcomings, German governing institutions have functioned reasonably
well, ushering in painful but necessary reforms. The U.S. has a
phenomenally creative culture, but right now it’s an institutional
weakling.

If you look around the world today, you see that a
two-class system is coming into being. Some countries are undertaking
fundamentals reforms. In these places, weaknesses have been exposed.
Orthodoxies have been shattered. New coalitions have formed.

This is happening in Britain, where a centre-right
government is reining in a government that had spun out of control.
It’s also true in Sweden and other consensus-based countries, where
there is so much emphasis on consistent, long-range thinking.

In other countries, political division frustrates
long-range thinking. The emphasis is on fixing things for next month or
next quarter. The U.S., unfortunately, is struggling to get out of
Group 2.

© 2010 New York Times

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SECTION 39: Everyman’ and the Police

SECTION 39: Everyman’ and the Police

When dirty linen
is left unattended for so long that it becomes aromatic, it doesn’t
help to insist that your private washing efforts are working: everybody
can smell that they aren’t; nor is there any point quarrelling with
neighbours for holding their noses when they pass your house. After
all, the unfortunates actually living in the house have been gasping
for air for years!

Such were my
thoughts as I pondered the response of the Nigeria Police Force to the
report by the US-based non-governmental organisation, Human Rights
Watch: “Everyone’s in on the Game.” (Apologies are due for seeming to
notice the problem only because a Western NGO has discussed it, but my
concern here is the response by those whose conduct is under scrutiny.
The sad reality is that reactions to the work of Nigerian NGOs – e.g.
the report on checkpoint extortion in the south-east by Intersociety –
are usually either more nonchalant, or given far less media coverage
than reactions to work by their overseas counterparts.)

Force
spokesperson, Emeka Ojukwu, recited the expected party line of
criticising the report and giving numbers of police personnel
‘sanctioned’: 764 senior officers and 8,831 junior officers for
“various acts of indiscipline”.

The trouble is,
that even assuming that “acts of indiscipline” includes checkpoint
extortion (rather than, for example, resisting sexual harassment by a
squadron commander, as Corporal Emcy Munlip is presently experiencing)
no matter how many policemen officers are dismissed for mounting
‘toll-gates’, on any single inter-city journey in this country, you
will still come across checkpoints at which bribes are openly,
routinely and efficiently collected, particularly from public transport
vehicles. This alone tells every person who sees them – from
wearily-conditioned citizens to shocked open-mouthed foreigners – that
those who were sanctioned must have done something more than- ordinary
checkpoint extortion. Moreover, when many checkpoints on ‘expressways’
are semi-permanent installations with logs, spiked bars and big oil
drums, there cannot be any pretence that what is going on is ‘unknown’
to the police hierarchy.

HRW suggested, as
many have before, that the NPF’s X-Squad must be revamped. Without
this, and expansion of the Independent Corrupt Practices Commission’s
‘sting’ operations, it will be difficult to take official protestations
seriously, since for even a half-hearted anti-corruption effort on
checkpoint extortion, catching offenders should be like shooting fish
in a barrel.

Against the
angrily defensive police response, it’s easy to forget that the
personal anecdotes in HRW’s report are what ordinary Nigerians go
through every day. Although the NPF dismissed the report, saying it
“lacked merit and should not be relied on”, nobody reading the
experiences it details can doubt their authenticity. An ear at any of
the Network on Police Reform in Nigeria and Human Rights Commission’s
Public Tribunals on Police Abuse will unearth stories as bad as, or
worse than those in HRW’s report. Even the ‘biggest’ man in the country
will have had someone ask for help with similar scenarios: seeking
either intercession with the police, or money with which to pay their
way out of (often unjustified) trouble.

The reality for
many is that it is indeed only with money, connections or influence
that they can extricate themselves from police wahala. Our congested
prisons are full of people who had neither. The NPF may genuinely
aspire to “maintain an effective internal control mechanism to check
abuses of human rights or professional misconduct”, but the case of
young Comfort Monday, who recently gave birth in prison after being
incarcerated at the instance of the man who claims to have purchased
her, is only the tip of the iceberg when it comes to those who can’t
pay, arrested at the behest of those who can.

Only the rich or
famous should expect any different treatment, and possibly not even
then: after all, an attorney-general of the federation was gunned down
in his bedroom and “nothing happened”. But the NPF must know that even
if today, it begins to show a serious commitment to the lives and
security of every Nigerian, it cannot succeed without the support of
ordinary people.

And right now, few
ordinary citizens feel that their security is a police priority, or
that the police are on their side; not because HRW tells them, but
because that is their experience.

For this reason,
the arrest in Lagos of a couple alleged to have killed their young
houseboy, Emmanuel Azuka (perhaps they chose not to ‘spare the rod’ in
order not ‘to spoil the child’) is at least as important as the song
and dance being made about arresting a couple of technicians just
because a rich man got stuck in a lift. With disturbing questions
raised about police power to protect or to oppress being available to
those who can pay for it, it will be important for any genuine effort
to bring ordinary people onside, to see who ends up getting justice. Of
course, ‘everymen’ Celestine Ononobi and Moses Oluremi, suspects in the
‘attempted murder by elevator’ case aren’t pregnant teenage girls, so
we may not hear much more about them. But what about the trial and
verdict over ‘everyboy’ Azuka’s death?

We’ll be watching and waiting.

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FRANKLY SPEAKING: Sowing the seeds of African philanthropy

FRANKLY SPEAKING: Sowing the seeds of African philanthropy

That those who have been blessed with high rank or great wealth
should help the numerous less fortunate is an ancient dictum. Noblesse oblige-
privilege entails responsibility! Modern philanthropy, as illustrated in the
activities of the Gates Foundation or the Rockefeller Foundation, walks in that
old tradition. It is the essence of philanthropy to be a voluntary contribution
from the private sector.

Expanding government services to the indigent or the helpless
are not a substitute for the personal gifts or donations of a continent’s
elite. A country’s public services guaranteeing a minimum amount of decent
education or decent healthcare at public expense should be a complement to the
donations of its elite. As denizens of a continent teeming with the poor, the
uneducated, and the hungry, when should Africa’s wealthy entrepreneurs and
investors conduct their philanthropic activities? What activities should be
nurtured by their donations?

My point of departure is that philanthropy has deep roots in the
cultures of several African countries. For example, there has been a long
tradition of community leaders donating land or money to educational causes. In
1876, financial contributions from local businessmen, combined with teaching
staff and other forms of support from the Methodist Missionary Society in
London, resulted in the establishment of Ghana’s oldest boys secondary school,
Mfantsipim, then known as the Wesleyan High School of Cape Coast. I have little
doubt that similar tales of philanthropic support from eminent Nigerians lie
behind the development of schools such as the Methodist Boys High School and
Abeokuta Grammar School.

It does not seem that Africans established permanent collective
institutions for collecting gifts and dispensing those gifts. The modern
vehicle for those institutions, today, is the foundation. America was a pioneer
of the foundation, eponymously named after its settlor-Andrew Carnegie or Bill
Gates. It spread to other countries like India which got one of its first
foundations in 1919 with the creation of the Sir Ratan Tata Trust, thus forging
an ongoing link between the Tata group of companies and India’s world of
charities. Africa is following in those footsteps with foundations such as the
TY Danjuma and the Dangote Foundations in Nigeria, the Mo Ibrahim Foundation in
the United Kingdom, or the Tiso Foundation in South Africa.

Americans tend to establish foundations after they amass a
fortune. Our needs are so pressing that it would be preferable if foundations
were established alongside the growing fortunes of African benefactors. The
Tiso Foundation embodies my preference. It was set up at the birth of the Tiso
Group, a black-controlled and managed investment companies, with a 16% equity
stake in the Tiso Group donated by its founders.

Led by two consummate and unassuming professionals, Nkululeko
Sowazi from South Africa and David Adomakoh from Ghana, the Tiso Group has made
several successful investments in South Africa between 2001 and 2010.
Consequently, the Tiso Foundation’s endowment has risen rapidly in value,
alongside the success of the Tiso Group, from 5 million Rands (61.2 million
Nairas) to 500 million Rands (10.35 billion Nairas) today. This model of
granting equity stakes in new businesses at their birth can generate large
charitable endowments in rapid order on a fast growing continent.

The Tiso Foundation has chosen skills development and education
as focus areas. By choosing those areas, it is fighting to defeat the apartheid
legacy of mediocre human capital levels among black South Africans. For
example, one of its current programmes is an artisan development system under
which it is providing financial assistance to train 500 competent artisans in
appropriately accredited training institutions. The selection of artisan
development illustrates a major advantage of philanthropy-the ability to
encourage and nurture activities of major social benefit that both governments
and free markets may fail to finance in adequate quantities.

The Mo Ibrahim Foundation’s focus on improving the quality of
governmental and political governance in Africa, by instituting a Mo Ibrahim
prize for wise leadership in Africa and creating an Ibrahim Index to measure
the quality of African public governance, is another example of private
foundations treading where governments and the free markets have been
noticeably absent. Africans should use their charities to tackle festering
intransigent social problems which can yield gargantuan social benefits upon
their resolution.

All of us can make our contributions, no matter how modest. An independent
Africa needs more of its wealthy and powerful to emulate the examples of a Tiso
or a Mo Ibrahim. Then, peace and prosperity will germinate a little more
quickly in Africa’s soils.

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Artisans to get certificates

Artisans to get certificates

The federal government on Monday announced plans to create a certification system for unskilled labour in Nigeria. Musa Abdullahi, chairman of the National Board for Technical Education (NBTE), made the announcement at a meeting on the National Vocational Qualification Framework. Mr. Abdullahi said the traditional system of qualification does not appropriately address the informal sector, though most jobs and vocational trainings were located there.

“National recognition is not given to the skills and competencies acquired in this important sector,” he said. “The system does not allow individuals who might not have any certificates, but have gained useful relevant experience or competence, to secure formal qualification for additional improvement.”

Lifelong learning

Mr. Abdullahi said the framework will improve vocational education and training while providing incentives to individuals to continue learning through life.

“This implies that mechanics, vulcanizers, carpenters, caterers, tailors, will be tested based on their competencies and issued certificates by the federal government which they can use even outside Nigeria to get jobs, when the relevant legislative procedures are in place.” He added that Nigeria needed skilled craftsmen, technicians and technologists in large numbers, if the country was to be one of the top 20 economies of the world by 2020.

Ade Aimola, acting executive secretary of NBTE, said that, “the education system is facing a lot of challenges, chief among which are quantity, quality and relevance of training and training opportunities in both formal and non-formal sector.” It is against this backdrop that the National Board for Technical Education is seeking to introduce and develop the national vocational qualification framework,” Mr. Aimola said.

Need for the system

The framework has to do with the development, classification and recognition of skills, knowledge and competencies acquired by individuals irrespective of where and how the training or skill was acquired.

“The system gives a clear statement of what the learner must know to be able or be able to do whether the learning took place in a classroom, on-the-job, or less formally. The framework indicates comparability of different qualifications and how one can progress from one level to another.” Mohammed Aminu, a director at Industrial Training Fund, said there was a need to certify artisans in the country, because this lack of certification has deprived them of certain privileges. “This framework meeting is timely. It is going to help not only the Fund but other organizations and help for the development of the country,” Mr. Aminu said.

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‘China still floods Nigerian market with substandard products’

‘China still floods Nigerian market with substandard products’

We Chuanzhoug, Chinese minister of quality supervision, inspection and quarantine, on Monday said that Nigerian and Chinese businessmen have been colluding to import substandard products from China.

Mr. We said this when he visited Josephine Tapgun, minister of state for commerce and industry, at her office in Abuja. He said the Chinese government is already inspecting some markets in Nigeria to ascertain the level of substandard products imported from China. He said a high-level discussion is already on between the two governments to fine-tune ways of curbing the menace.

“The impact of the influx of substandard products from China to Nigeria has become a disturbing practice to the Chinese government,” he said.

Obstacles

“There are grey areas which both countries have to address before signing the agreement,” said Mr. We. He urged the ministry to set up a technical working group to look into the terms of the agreement and harmonize them for endorsement.

Ms. Tapgun said the ministry is working towards improving the trade relationship between the two countries.

She noted that a few months ago, President Goodluck Jonathan approved the signing of a Memorandum of Understanding (MoU) with the Chinese government in relation to product quality assurance.

She commended the visiting Chinese delegates for their efforts in ascertaining the level and impact of the menace themselves, “We urge that you step up the supervision and monitoring of the market, and by the time that is done, the result will yield a better insight into the origin of the problems and how quickly they can be addressed,” she said.

The Chinese have already signed a similar agreement with countries such as Ethiopia and Egypt, with impressive results said Mr. We.

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Africa prospects lure investors, but is the continent ready?

Africa prospects lure investors, but is the continent ready?

Africa offers among
the world’s best investment prospects as emerging markets grow ever
more important, although its economies risk being destabilised by the
slew of capital they stand to attract in coming years.

Energy-producing
continental giant Nigeria was identified as a top pick by some of the
most influential figures in emerging markets finance who spoke to the
Reuters Emerging Markets Summit in Sao Paulo last week.

Africa withstood
the financial crisis better than many predicted, and the region’s
economic growth is forecast at 4.75 percent in 2010. Next year, half of
the world’s 10 fastest growing economies are expected to be in Africa,
and it is now attracting more than just the most intrepid investors.

“The latent
interest in Africa is enormous,” said Stephen Jennings, chief executive
of Russian investment bank Renaissance Capital, speaking to the Reuters
meeting by video link from Moscow.

“Before the crisis
there were probably 40 people or groups establishing Africa funds. In
3-4 years you’ll have 100 Africa funds and the biggest one won’t be $2
billion, it’ll be $20 billion.”

Fund tracker EPFR
reports 43 consecutive weeks of net inflows to Africa equities funds,
reaching $484 million in the first half of 2010 – nearly double those
to India over the same period.

Africa’s advocates
say the inflows stand to accelerate rapidly as a dearth of attractive
returns in the developed world pulls investors in while a more stable
political and economic environment indicates diminishing risks.

BRIC links

A shift of global
economic power to emerging giants such as Brazil, Russia, India and
China – known collectively as the BRICs – benefits Africa as surging
economies seek its resources and push up commodity prices and
investment.

Brazil, Russia and
India still trail China, which last year became Africa’s biggest trade
partner, but they have been rapidly expanding trade and putting more
money into Africa.

“What’s absolutely
striking is how much change there’s been between the BRIC countries and
Africa,” said Jacko Maree, chief executive of South Africa’s Standard
Bank, which is Africa’s biggest.

“We like to think
that the whole story has only just begun.” Brazilian firms with a large
African presence may soon issue bonds in South African rand to seize on
growing interest, said Standard Bank’s chief executive in the Americas,
Eduardo Centola.

Nigeria top pick

Nigeria’s market of
about 140 million people – nearly three times bigger than South
Africa’s – as well as its energy resources and bigger, more liquid
markets, makes it the top choice for many eyeing Africa.

On the Goldman
Sachs’ growth-environment index, which measures a mixture of economic
and social development indicators, Nigeria’s score has nearly doubled
over the past decade.

“If it were to show
the same increase in its growth-environment score over the next decade,
many investors will look back and say why the hell didn’t I invest in
Nigeria,” said Goldman Sachs’ global head of economic research Jim
O’Neill, who coined the term BRICs.

Ethiopia and Rwanda
are among the smaller African economies seen as promising. They show
how previously ignored countries scarred by war are emerging as
possible investment magnets alongside those such as Ghana, a relatively
stable democracy which is soon to become an oil producer.

There are risks, though, with concerns over political stability even in bigger economies such as Nigeria and Kenya.

Africa experts
underline the fact that new mineral riches have rarely been shared
widely, and suggest reliance on such income for national coffers could
discourage establishing tax bases that would put states on a sounder
footing.

“Where I think the
real caution has to come in is the quality of the growth,” said Patrick
Smith of the Africa Confidential newsletter. “It would be pretty silly
to say success is certain.”

A big influx of
investment funds could in itself pose a problem for African countries
less prepared to cope than those in other rapidly growing regions that
have felt the pain of such flows in the past.

“Africa has no
experience of huge capital inflows,” said Renaissance’s Jennings.
“Under the scenario I’m painting, the capital inflows will be way above
and beyond the ability of those countries to absorb them.” Most African
countries have small, illiquid markets and little financial
infrastructure, raising the chances of economic distortions and asset
bubbles that could lead to currency crises and long-term damage.

“People look at how
certain African economies have been getting their act together and
there is a risk you will get significant capital inflows,” said Mohamed
El-Erian, chief executive of PIMCO, the world’s largest bond investor.

“That will provide quite a challenge to policy makers.”

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Nigeria’s microfinance policy review underway

Nigeria’s microfinance policy review underway

Nigeria’s
microfinance sector has failed to make the expected impact on the
economy due to misconception by the operators, but this will soon
change.

Lamido Sanusi, the
Central Bank governor, said the bank will come up with a reviewed
policy framework in order to make it more effective.

Akintunde Sowunmi,
deputy director, development finance, who represented Mr. Sanusi at a
conference organised by Credit Awareness yesterday in Lagos said less
than three percent of the rural population of Nigeria have access to
microfinance services.

Mr. Sowunmi said
one of the challenges is to create awareness about credit acquisition
in order to make more people interested in accessing it.

“Despite the
importance and benefits of credit, there are socio-economic barriers
inhibiting access to financial services such as education, gender, age,
irregular income, poor infrastructure, and even geographical location,”
he said.

He said after five
years of operating the current microfinance policy, there was an urgent
need to make it more effective. Some of the concerns that would be
addressed in the revised framework are the location as well as the high
profile exhibited by operators.

“They are
urban-biased and many of them are not in the rural areas, which they
are supposed to serve. It will actually take a while for a paradigm
shift. That is why the CBN has taken the initiative five years after to
do a total review of the policy, to see the challenges and the reality
on the ground,” he stated.

Credit must be generated locally

Ismail Ridwan, a
senior economist with the World Bank, said the amount of credit needed
to take Nigeria into the top 20 economies by the year 2020 would have
to be generated internally.

Mr. Ridwan hinged
the amount on five pillars: improvement in banking supervision,
improved credit information, and conventional banks diversifying by
introducing new products, credit guarantee schemes, and business
development services to scale up business training for entrepreneurs.

He said the World
Bank was convinced that the intervention by the Central Bank in the
banking sector last year was necessary in order to save an already bad
situation.

“We went to the
Central Bank two years ago and we had done a diagnostics of the banking
industry, which revealed lots of issues with banks’ portfolio. We are
glad that the Central Bank has gone ahead to remove some of the bank
chiefs,” Mr. Ridwan said.

He explained that it is worrisome that less than one percent of small companies in Nigeria have access to credit.

“Small companies
have the biggest obstacle in terms of access and cost. Nigeria is
behind Ghana in terms of access to credit,” he said.

Rilwan Akiolu, Oba
of Lagos, said the level of poverty in the country is unacceptably
high, blaming it on bad leadership and bad management.

“Only ungodly people will condemn CBN reforms,” he said.

Alabi McFoy, Lagos
State Microfinance Initiative (LASMI) chairman, said the state was in
support of creating awareness about availability of credit so that more
poor people can have access to it.

“So far, Lagos
State has disbursed over N1.3 billion through microfinance banks in
Nigeria and will inject more so that more people can benefit,” he said.

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