“I will not let anyone tell me we must spend more money. This crisis did not come about because we issued too little money but because we created economic growth with too much money and it was not sustainable growth.”- ANGELA MERKEL
In Waiting for Godot, all literary elites will recall or rather agree with me that Samuel Beckett makes one of the seminal points in the history of dramaturgy and characterisation. Becket’s naming of a slave, a luggage-laden, nearly-silent slave as Lucky, depicts the playwrights’ dexterity, pure genius and the polemical demeanour of his artistry. Nigeria, I mean the masses is likened to Lucky. When Samuel Beckett was asked why Lucky was so named, he replied, "I suppose he is lucky to have no more expectations”. Like Nigerian masses whose expectations have depleted so badly, Lucky, the slave became a symbol of boredom and disillusionment for the struggle, for the waiting.
A major economic challenge in Nigeria is the poisonous culture of wastage amongst the political and civil service leaders. Nigerian are tired of waiting for their salvation from this heavy spenders. No doubt, saving more can improve the value of our currency and also curb the heavy lavish disbursements in the ministries. Thusly, Tambulwal’s rumpus on the need to spend more money can never be the solution to Nigeria’s economic disillusionment and political trouble. Spending less was never the genesis of the problem. Tambulwal’s rash, bizarre and uniformed insult on Ngozi Okonjo Iweala must be addressed from the German economic point of view. The Speaker of the House of Representatives, Aminu Tambuwal, says that Ngozi Okonjo Iweala should be spending more money instead of saving more. This attack came a week before Sanusi withdrew his accusation against the Ministry of Finance and NNPC about the $49 million matter. There are two reasons I said we should address this issue from the German point of view –
1. Germany happens to the best economy in Europe as at today and they are saving more.
2. Secondly, Angela Merkel has been re-elected again as the German Chancellor and I am sure Ngozi has one or two arguments to syphon from Angela’s strategy to address Tambulwal’s imperceptible lamentations.
Germany has been known for her economic progress, social serendipity, and robust philosophical advancements in history. Before great economic mind like Angela Merkel, Nietzsche and Marx, Hegel and Heidegger and Kant propelled the German idealism movement, which began with Kant and extended through Hegel. German thinkers have always asked the big life questions. They want to move the world forward and they always fight for any apparent crusade as the life of Hitler indicated. This aggressive determination to implement what is workable has validated their top-notch achievements in global arena. Angela Markel asks; why do we have unemployment as a problem? Why are the poor poor? Why do we have more people in politics and leadership being paid with tax payer’s money for no reason? Why do we spend, yet nothing is changing? Today Germans unlike Nigerians have good welfare packages, employment, industry, and zero tolerance for wastage. Why London is yet to be out of recession, Frankfurt enjoys liberty and progress in both standard of living and in GDP. Do not tell me Nigeria is yet to develop and that we should spend all we have. Ngozi Okonjo should really leave a legacy on our economy by introducing these German doctrines of the masses first. Save more, spend on the masses directly and provide jobs for every employable person. Why she defends her saving strategy with Angela Merkel’s principles, she must bring the poor on her mind so as to increase the standard of living. Nigerians are so lucky but in worsening economic conditions. Paradoxical. They are tired of waiting.

No comments:
Post a Comment