In the 1970s, Nigeria first experienced her truamatic and perturbing economical crisis. This was around Alhaji Shehu Shagari's regime.
There have been attempts to mitigage the procreants of the economical crisis like unemployment and underemployment. Gowon introduced the Youth Service Corps and there was also the National Directorate of Employment (NDE). However, these were all short-termed. It isn't long-lasting.
The Reptillian belabour of the Human brain has caused our so-called honest public servants to embezzle the little income that our dear nation tries to make through taxes and what-have-you. Is this greed? Affirmative.
Guess what? Now the Administrative positions in the country has now offered these selfish truants the greater opportunity to reduce the nation's economic power and increase their own economic and political power.
Now, some of these "money-thiefs" who have (by whatever means) made the money which they can invest, prefer to do so overseas for fear that they might fall victims of the on-going primitive-accumulation, uncompleted projects, political instability, recession and inflation.
Why? They fear that investing their stolen money in Nigeria will surely fall into meticulous waste. (Pardon my metaphoric sarcasm)
So they stash away so much needed hard currencies for development purposes into foreign banks located in the advanced capitalist centres with insousiance. They term it being careful and foolproof or safeguarded against risks.
Now, because this act has been so rampant in society and past exposures have focused on the public sector, the public (Nigerians) now literally presumes everybody who has served or is serving in the state or federal apparatus, guilty, until he or she is proven innocent.
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Hitherto, this is not a lie and will never be one. What these "money-thiefs" do behind our backs feeds corruption. Greed, selfishness, short-sightedness and cynicism.
But, if there is a way out to curb or ameliorate this perpetual quagmire were are in from exacerbating the more, why hasn't that door been opened?
Written by John Akweh.
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