IRRESPONSIVE POLITY IN A RESPONSIVE ECONOMY by Iyeomoan Emmanuel
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| Columnist: Iyeomoan Emmanuel |
The economic “big wigs” in this epoch of information; the US, Great Britain, France, Switzerland, and a few others, are at the fore-front due to the watchful eyes and critical minds of the populace. Thus, our contribution to political cum economic discourse determines the pace with which the economy grows. The growth of every modern economy like Singapore, Malaysia, Brazil, to mention but a few, are evident from the contributions of individual Small and Medium Enterprises (SMEs); Corporate bodies (the private sector) and the government (in terms of creating the enabling environment). I observed that the contribution of the government is infinitesimal relative to the private sector. That notwithstanding, provision of basic amenities like electricity, water and housing by the government, are the motivators to economic vibrancy of the public sector; Nigeria should borrow a leaf from that. On that respect, “policing the polity is the surest-bet to securing economic harmony” in a country with divergent interest groups with diversified demands. Painstakingly, this article is tagged “irresponsive polity in a responsive economy”, as I bring to bare the nonchalant behaviour of actors in the polity that repel economic growth.
REDUNDANT HEALTH IN THE FACE OF ABUNDANT WEALTH
Third World countries will continue to grow retrogressively even in the face of “myriads of natural and human resources”, so long as there exist barricades to economic growth. I call problems- barricades, because I believe that they are propellants to growth. These “barricades to economic growth” are multifarious in nature and ubiquitous in our socio-political and economic terrain; vis-à-vis:
• Information secrecy: Many a public analysts will agree with me that the passage of the Freedom of Information (FOI) bill is a camouflage; and illusion from reality. How many political officials openly declare their financial worth, on assumption of office? Can an ordinary Nigerian walk into the Chief Statisticians office, or the Auditor-general’s, to gather information pertaining to the real state of the economy? All we see are media propaganda that gives a wrong impression on the health of the economy.
• Socio-political cum economic illiteracy: It is no news that Nigerians are becoming aware of happenings in the political sphere. Conversely, if you conduct a referendum, you’ll be shocked to know that majority of the youths (“would-be leaders” of tomorrow, which never comes) are ignorant of the devices of government mal-administrators and policy makers. During the “subsidy protest” in Lagos, I asked a handful of youths clustered around the Oshodi area of Lagos if they know the meaning of “subsidies or deregulation” and to my displeasure, I got a “no we don’t” answer for a reply. What a pity!
• Bureaucratic Insincerity: Due to the prevailing level of information secrecy, government officials pervert their political offices and get away with it; only those who refuse to play to the gallery of the “shadow godfathers” are probed and found wanting; James Ibori, the former Governor of Delta State is a case-study. For instance, we can remember the not too long cases of persons robbing the government and bailing themselves by settling an arm of the government; the judiciary to be precise. The bureaucratic nature of the civil service is another pain in the neck, as insincerity is brought to the fore on a daily basis. For example, a lump-sum meant to be distributed to some quarters, say, the local councils, pensioners and contractors, may loose the value of its zeros as it is transferred from one location to another. What can we say to all of these?
The Nigeria we are in today is just a mere delusion; a proper makeshift and a deviation from the master-plan of our founding fathers, who acted true federalism on the stage of economic abundance as we still have it today. Our resources are normally distributed, though there are some random disturbances to our growth model, which can be traced and treated with care.
Presently, the economy is caught in a web and the future looks bleak due to weak political and economic institutions and untreated issues of national concern; namely:
• Insecurity: Insecurity is a direct foe of investment and an indirect enemy of economic growth; it affects the GDP on a negative scale. The alarming state of insecurity in Nigeria is a topic on its own that this article is insufficient to expedite action on; that’s a topic for another day.
• Unstable supply of basic amenities: The economy stagnates due to the insensitivity and insincerity of government to providing basic and essential amenities, which have a direct effect on economic growth. Thanks to the September 30 handover of ownership and distribution of electricity to the private sector; though, with unpaid remuneration of “to be laid-off staff” of the Power Holding Company of Nigeria (PHCN), which is an issue that may shake the foundations of the polity sooner than expected. Like every Oliver Twist and as the “oracle of the masses”, I say- ‘it is not enough to deregulate the power-sector without creating alternative jobs to laid-off workers”. Other sectors like the Petroleum sector still need then ever-ready helping hands of the private sector (deregulate at least, the downstream sub-sector of the petroleum industry). The reason why government would grin at deregulation of the petroleum sector boils down to greed. One the fastest means of lifting an economy from the dungeons of poverty is by government provision of essential amenities to the masses. The cost of doing business in Nigeria is fueling a generator, which is capital intensive. How can we grow in the face of these easy to be solved problems? Is the provision of basic amenities the citizens’ rights, or are they privileges enjoyed relative to their paid loyalty to the government of the day in terms of votes during elections? We all know the truth; let’s not shy away from it.
• Inconsistency of government policies: Since there is no friend in business and no permanent friend or enemy in Nigeria politics, policies are bound to change with each change in government. Uncompleted projects of previous governments will remain so with the inauguration of a new administration. We all know that the Yaradua’s 7-point agenda was replaced by the transformation agenda of the present administration. The next administration’s “agenda” is like a pregnant woman- we don’t know the name and form it will take; it may be a “national-restructuring agenda”. The government is dexterous when it comes to conning audibly-appealing acronyms and names for an agenda. How “sure” is “SURE-P” (Subsidy Reinvestment and Empowerment Programme? The shocking thing is that policies are changed, even when the same political party still controls power. What an ambiguity!
THE WAY FORWARD
Since the problem of the country is multi-faceted and thus, can’t be treated with a single blow, I make this clarion call to all Nigerians to stock themselves with information necessary to improving their lots in particular, and the nation én-large. The only way out of this cobweb-trap is personal capacity development. We can’t be waiting for an irresponsive government to put food on our tables. The Bible and Qu'ran posit that, “whatsoever your find your hands to do, do it with all thy might…” lets stop waiting for the government to tar the roads, build the bridges or give us pipe borne water, when we are uncultured. A defunct governor of Edo-state, Samuel Ogbemudia puts it this way; ‘if the government tar the roads and fail to tamed the persons that will ply the roads, the roads will be destroyed in a short-time, but if the government train the minds of the masses, they may end up building the roads themselves’. What a powerful quote! You all will agree with him.
Polity Police is your economic-watchdog of the polity and unravels the hidden secrets of government which are anti-growth. Remember, Nigeria was not built in a day and cannott be destroyed effortlessly. Together, we shall collectively build a virile economy, a steady polity and a better Nigeria anchored on sincerity of purpose and truth. In this regard, your comments and suggestions are anticipated and will be treated with umpteen confidentiality, if you so desire.
Thanks for your shared time.
© IYEOMOAN EMMANUEL EHIZOGIE
DEPARTMENT OF ECONOMICS AND STATISTICS,
UNIVERSITY OF BENIN, NIGERIA.
