Monthly Archives: November 2010
NASS and 25%
As though one needs convincing on how the Nigerian experiment has failed, and is consequently in dire need of restructuring, Sanusi Lamido Sanusi the Central Bank Governor intimates:
“If you look at the budget, the bulk of government’s revenue expenditure is on overheads, that is a big problem; 25 per cent of overheads of the Federal Government goes to the National Assembly. We need power, we need infrastructure, so we need to start looking at the structure of expenditure and make it more consistent with the development initiative of the country.”
There you have it folks—the Nigerian National Assembly comprised of 109 persons in the Senate and 360 persons in the House of Representatives, collectively gulp 25% of Nigeria’s revenue. This is the country with the largest population in Africa with well over 150 million citizens (if you can reliably reckon with the outcome of the last census). I will not begin to catalogue a host of pressing needs and demands facing the country, for which a judicious use of it’s over $340 billion dollar GDP, would have gone a long way in addressing. Why? It is painful to recount and at the same time maddening to realize how badly things are being mismanaged if 469 individuals could appropriate a quarter of the national funds for themselves. This is just the Nigerian National Assembly mind you. By the time you factor in Executive malfeasance, and the cuts which would be appropriated by other different governmental bureaucracies, it leaves you wondering how much Abuja actually sets aside to do the bidding of the people.
Then of course, as Abuja disburses funds to the states, you can definitely expect the chain of political malfeasance to continue all the way down the chain. Is it any wonder then that Nigeria could be so richly blessed in terms of material and human resources, but at the same time, be gripped with paralyzing stagnation and privation? The article goes on to list a number of things which are wrong with the country and which must be addressed to better the lot of the masses. I do not want to sound like I am deeply cynical, but at the same time, I don’t want to sound like a broken record either—at the risk of being considered nonchalant, I’ll say that Nigerians are very much aware of how things are not working just like they are also very much aware of steps which could be taken to correct things. They have and continually make their frustrations known regarding the dismal performance of the political ruling class. But honestly, is anyone listening? How long shall the masses cry?
NASS and 25%
“If you look at the budget, the bulk of government’s revenue expenditure is on overheads, that is a big problem; 25 per cent of overheads of the Federal Government goes to the National Assembly. We need power, we need infrastructure, so we need to start looking at the structure of expenditure and make it more consistent with the development initiative of the country.”
El Classico 2010
In the Spanish Primera Liga, there are indisputably two giant sides—Real Madrid and Barcelona. The meeting of these two titans of Spanish football, dubbed El Classico, is so huge that it attracts global attention. And once again, an El Classico game is around the corner again. Tomorrow by 9pm local time, Real Madrid and Barcelona will square off again. Every true follower of the sport will definitely want to watch this match.
In the league standings, Real Madrid is at the top of the table; Barcelona is following closely behind, being separated from the top position by just 1 point. I need not tell you the amount of pressure that puts on Real Madrid to keep performing or they could easily be displaced at the top of the league table. So, if you are a betting kind of person, who are you going to bet on?
Well, let’s consider this:
El Classico 2010
Thanksgiving 2010
Well well well….another Thanksgiving Day is here again. It is the holiday that we gather with our families or our loved ones around a sumptuous feast to recount all the things in the year for which we are thankful. It’s as simple as that.
But, of course, there is that boring Macy’s Thanksgiving Parade to watch. And then, hurray–there will be FOOTBALL. This year, I am betting against the Cowboys in that match against the New Orleans Saints. So Sorry Cowboys—but you are a miserable team this year; don’t let anyone convince you otherwise. 😀
Happy Thanksgiving everyone : go nuts on the Turkey. And don’t forget the Black Friday Sales that comes tomorrow.
Thanksgiving 2010
Janelle Monae
Do you know Janelle Monae? I suspect you may not have come across her music before. But if you have, don’t you think she is entertaining? Her music is different- its like Outkast meets Michael Jackson. Her look is different and her movements are so fluid. I’ll stop raving because she is not really new. I didn’t just discover her either, but I just thought I should just share this wonderful gem in case there are some who may incidentally find her style deliciously attractive.
Janelle Monae
Do you know Janelle Monae? I suspect you may not have come across her music before. But if you have, don’t you think she is entertaining? Her music is different- its like Outkast meets Michael Jackson. Her look is different and her movements are so fluid. I’ll stop raving because she is not really new. I didn’t just discover her either, but I just thought I should just share this wonderful gem in case there are some who may incidentally find her style deliciously attractive.
The Rise Of The Tea Party?
I have always wanted to make a little comment on the meteoric rise to prominence of the Tea Party movement. I just never got the chance to do so until now. If my memory serves me right, it was during the 2008 election that we began to notice a fundamental shift in Republican thinking and propaganda. The Republicans were traditionally opposed to the Democrats – that was a given, but in that dramatic and turbulent 2008 election period, the Democrats were mostly in control of the message of change and hope.
The Bush administration along with its many failures and compromises left many Republicans rueful about their prospects at the polls. There were a great number of Republicans who were frankly fed up with or displeased by the eccentricities and the sloppiness of the beltway republican establishment. And of course they were staunchly opposed to a Liberal or Progressive takeover of Washington. Thanks or no thanks to shrill republican media watchdogs, a lot of these dissatisfied Republicans and/or Independents began to fashion an identity of their own. Gradually, the Tea Party movement was born.
These scattered voices of rage and dissent against the Washington establishment found strength and support in right-wing radio and on some cable TV shows. They tried as much as they could, with their sometimes frighteningly exclusivist positions to win back broad-based support for McCain during the election period. But they failed to get McCain elected. Ironically, the election of Obama was the best thing that happened to the Tea Party. In fact, it could be argued that the election of Obama as the 44th president of the United States kept conservative radio personalities like Rush Limbaugh gainfully employed. Glenn Beck, Sarah Palin, and other new actors on the national stage, sensing an opportunity, decided to throw their weight and support behind this new faction of the Republican Party—the Tea Party began to grow exponentially despite being cajoled and maligned by the mainstream media.