ACCOMPLISH MAGAZINE DEC 2023

•Nigerians in diaspora
3. PBAT must do what
President Deng did in
China:
Deng got Chinese
farmers specially and
massively trained
in modern farming
techniques borrowing
from Japan, America
and Europe. Against
that background,
government should
adopt PROJECT: 12:10:100
(identify 12 agricultural
products - 2 per region,
where Nigeria has (or
can build) comparative
or competitive
advantages, then target
10% of the global market
share and provide world
class overseas training
for 100 educated,
technology-oriented
farmers in each of the 12
core categories. With the
CBN single-digit loans,
the 1,200 4th generation
farmers will be more
productive than 100
million traditional
farmers. In the next 3
years, Nigeria should
target a $50 billion
revenue from agriculture
exports. The Netherlands
with only 17.5 million
people and just 5% of
Nigeria’s landmass,
earned 50 billion euros
from agricultural
exports in 2022. By 2026,
Nigerians can declare:
“who needs the petrol
dollars”?
4. Diaspora Wealth:
There are about 200
million Africans in the
diaspora. Some of them
want to relocate to the
Motherland, especially
African-Americans. They
have resources to invest
in Nigeria but Nigeria
has no “structure” to
attract and sustain
them. One, they need
a faster pathway to
citizenship (within 90
days maximum). Two,
they need a dedicated
Diaspora city which they
will build by themselves
but government needs
to provide the land and
basic infrastructure.
Just like the size of land
which Dangote Refinery
is sitting on - either in
Badagry, Lagos State
or an ideal location in
Ogun State (a border
town between Nigeria
and Benin Republic);
land overlooking the
ocean. Three, they
need security and
ease of business
engagement. With
those things in place,
when Nigeria launches
the $100 billion Africa
Re-Industrialisation
Diaspora Fund (ARDF), it
will be over-subscribed.
This is a “food-isready”
revenue formula.
They are not coming
for vacation, they are
coming with holy rage
to help re-industrialise
Africa in a return home
match with the excolonisers.
5. Belt Tightening from
the Top: The platinum
lifestyles of political
elites have reached
a cancerous stage!
Canada and most of
the developed countries
have only two aircrafts
each (Royal Canada
Air Force 1 and 2) in
the Royal/Presidential
Fleet. Some presidents
(the Dutch and Italian
presidents) ride
bicycles. What is Nigeria
doing with doubledigit
aircrafts in the
Presidential Fleet costing
over $45 million yearly
to maintain? The British
Prime Minister’s car is
escorted by just three
security cars, which is
less than the number of
cars that escort a local
government chairman
in Nigeria! Recently, law
enforcement agencies
raided a governor’s
house and recovered
over 40 cars in his
house. MSc. Madness!
The list is endless
and scandalous. If
the oxygen mask (oil
subsidy) of the masses
must go, the elite must
lead by example by
tightening their belts too.
26 | Accomplish Magazine