• About Us
  • Terms & Conditions
  • Contact Us
Sunday, June 4, 2023
Investogist
No Result
View All Result
  • Home
  • News
    • All
    • Africa
    • Nigeria
    • World
    Suspected herdsmen ambush Benue policemen, kill DPO

    Again, terrorists kill over 25 in fresh Benue attack 

    More than 280 killed in India’s worst train accident in over 20 years

    More than 280 killed in India’s worst train accident in over 20 years

    Tinubu has chosen a Muslim running mate

    Minimum wage will be reviewed to reflect current realities – Tinubu

    Naira Redesign: Gbajabiamila threatens to issue arrest warrant on Emefiele, bank Chiefs

    Speaker Gbajabiamila reacts to CoS appointment, says when he’ll assume office

    JUST IN: Ajaero emerges new NLC national president

    BREAKING: NLC declares nationwide strike from Wednesday

    Full Text: Tinubu’s inaugural speech as president of Nigeria

    JUST IN: Tinubu appoints SGF, Chief of Staff, DCoS

    Full Text: Tribunal releases Obi’s pre-hearing report

    JUST IN: Tribunal adjourns Obi’s case to Monday, admits evidence from Lagos, others

    Details of 2023 Budget parameters, revenue estimate, expenditure, fiscal balance

    2023 Budget: More money for streetlight construction than schools and health centres combined – Report

    VIDEO: US President Joe Biden tumbles onstage at Airforce graduation

    VIDEO: US President Joe Biden tumbles onstage at Airforce graduation

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    How to obtain foreign currency from Teller Points at Bank branches

    We did not devalue Naira – CBN

    How to obtain foreign currency from Teller Points at Bank branches

    CBN Devalues Naira to 630/US$1 at the I&E Window – Reports

    Senate sits on Saturday, increases Ways and Means borrowing from 5% to 15%

    Senate sits on Saturday, increases Ways and Means borrowing from 5% to 15%

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    BREAKING: CBN raises interest rate to 18.5% amid rising inflation

    JUST IN: Nigeria’s inflation rate hits 19.64% – highest since 2005.

    Inflation rate hits 22.22% in April, highest in 14 years

    Telcos kick as FG plan 12.5% call tax

    FG re-introduces 5% excise duty on telecom services in new fiscal policy

    Headline Inflation in Nigeria rose to 22.04% in March

    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    Nigeria’s total debt rose to N46.25 trillion in 2022, 84.73% of bilateral debt owed to China

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    CBN raises interest rate for the 6th consecutive time

    • Policies
    • Budgets
    • Economic Data
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Local Bourse closed in Bullish Territory… As NGX-ASI at 0.31%

    The NGX- ASI gained 5.22% on bullish performance

    FY 2020: Unilever Nigeria Plc remains in loss despite revenue growth

    The NGX- ASI increased by 0.48% as Unilever gained 9.70%

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI increased by 0.35% despite negative market sentiment

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI Gained 0.31% as NB rose another 9.63%

    FY 2020: Nigerian Breweries Plc reports 54.3% decline in profit

    The NGX- ASI Increased By 0.36% as NB rises 9.97%

    Delisting of Access Bank Plc and listing of Access Holdings Plc

    The NGX- ASI declined by 0.09% as ACCESSCORP falls 3.32%,

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2023, qualification and payment dates

    Femi Otedola sales N820.67mn worth of Geregu Power Plc Shares

    Femi Otedola sales N820.67mn worth of Geregu Power Plc Shares

    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

    The NGX ASI Closed Negative By 0.75% as BUA Cement loses 8.02%

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    First Bank’s parent company reports N136.3bn profit for 2022, to pay dividend

    First Bank’s parent company reports N136.3bn profit for 2022, to pay dividend

    Nigerian Breweries presented offer to acquire Chamdor and Amarula producer

    Nigerian Breweries presented offer to acquire Chamdor and Amarula producer

    Breaking: NNPC releases statement on fuel price adjustment

    Breaking: NNPC releases statement on fuel price adjustment

    Oando kicks-off test of electric vehicles for mass transportation in Lagos

    Oando kicks-off test of electric vehicles for mass transportation in Lagos

    Seplat says ‘no official notification’ on Buhari’s reversal of approval for ExxonMobil deal

    Seplat extends, revises Mobil Producing Nigeria purchase deal

    Zenith Bank’s Board of Directors approve payment of final dividend for 2022

    Zenith Bank Directors acquired 17.78mn shares of the bank

    Caverton posts N566.05mn profit for Q1 2023

    Caverton posts N566.05mn profit for Q1 2023

    Seplat Energy announces US3 cents interim dividend for Q1 2023

    Seplat Energy announces US3 cents interim dividend for Q1 2023

    Tengen Holdings acquires 220mn shares of Access Holdings Plc

    Tengen Holdings acquires 220mn shares of Access Holdings Plc

    • Companies
    • Industry
    • Technology
  • Sports
    • Football
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    North-West, South-West lead as INEC registers 96.2 million, Rivers overtakes Katsina

    ELECTION: How to check your polling unit, code online

    4 things to consider before buying a laptop

    4 things to consider before buying a laptop

    How to move to Canada by starting a business – Part 1

    How to move to Canada by starting a business – Part 2

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Financial Education
  • Vacancies
  • Home
  • News
    • All
    • Africa
    • Nigeria
    • World
    Suspected herdsmen ambush Benue policemen, kill DPO

    Again, terrorists kill over 25 in fresh Benue attack 

    More than 280 killed in India’s worst train accident in over 20 years

    More than 280 killed in India’s worst train accident in over 20 years

    Tinubu has chosen a Muslim running mate

    Minimum wage will be reviewed to reflect current realities – Tinubu

    Naira Redesign: Gbajabiamila threatens to issue arrest warrant on Emefiele, bank Chiefs

    Speaker Gbajabiamila reacts to CoS appointment, says when he’ll assume office

    JUST IN: Ajaero emerges new NLC national president

    BREAKING: NLC declares nationwide strike from Wednesday

    Full Text: Tinubu’s inaugural speech as president of Nigeria

    JUST IN: Tinubu appoints SGF, Chief of Staff, DCoS

    Full Text: Tribunal releases Obi’s pre-hearing report

    JUST IN: Tribunal adjourns Obi’s case to Monday, admits evidence from Lagos, others

    Details of 2023 Budget parameters, revenue estimate, expenditure, fiscal balance

    2023 Budget: More money for streetlight construction than schools and health centres combined – Report

    VIDEO: US President Joe Biden tumbles onstage at Airforce graduation

    VIDEO: US President Joe Biden tumbles onstage at Airforce graduation

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    How to obtain foreign currency from Teller Points at Bank branches

    We did not devalue Naira – CBN

    How to obtain foreign currency from Teller Points at Bank branches

    CBN Devalues Naira to 630/US$1 at the I&E Window – Reports

    Senate sits on Saturday, increases Ways and Means borrowing from 5% to 15%

    Senate sits on Saturday, increases Ways and Means borrowing from 5% to 15%

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    BREAKING: CBN raises interest rate to 18.5% amid rising inflation

    JUST IN: Nigeria’s inflation rate hits 19.64% – highest since 2005.

    Inflation rate hits 22.22% in April, highest in 14 years

    Telcos kick as FG plan 12.5% call tax

    FG re-introduces 5% excise duty on telecom services in new fiscal policy

    Headline Inflation in Nigeria rose to 22.04% in March

    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    Nigeria’s total debt rose to N46.25 trillion in 2022, 84.73% of bilateral debt owed to China

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    CBN raises interest rate for the 6th consecutive time

    • Policies
    • Budgets
    • Economic Data
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Local Bourse closed in Bullish Territory… As NGX-ASI at 0.31%

    The NGX- ASI gained 5.22% on bullish performance

    FY 2020: Unilever Nigeria Plc remains in loss despite revenue growth

    The NGX- ASI increased by 0.48% as Unilever gained 9.70%

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI increased by 0.35% despite negative market sentiment

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI Gained 0.31% as NB rose another 9.63%

    FY 2020: Nigerian Breweries Plc reports 54.3% decline in profit

    The NGX- ASI Increased By 0.36% as NB rises 9.97%

    Delisting of Access Bank Plc and listing of Access Holdings Plc

    The NGX- ASI declined by 0.09% as ACCESSCORP falls 3.32%,

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2023, qualification and payment dates

    Femi Otedola sales N820.67mn worth of Geregu Power Plc Shares

    Femi Otedola sales N820.67mn worth of Geregu Power Plc Shares

    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

    The NGX ASI Closed Negative By 0.75% as BUA Cement loses 8.02%

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    First Bank’s parent company reports N136.3bn profit for 2022, to pay dividend

    First Bank’s parent company reports N136.3bn profit for 2022, to pay dividend

    Nigerian Breweries presented offer to acquire Chamdor and Amarula producer

    Nigerian Breweries presented offer to acquire Chamdor and Amarula producer

    Breaking: NNPC releases statement on fuel price adjustment

    Breaking: NNPC releases statement on fuel price adjustment

    Oando kicks-off test of electric vehicles for mass transportation in Lagos

    Oando kicks-off test of electric vehicles for mass transportation in Lagos

    Seplat says ‘no official notification’ on Buhari’s reversal of approval for ExxonMobil deal

    Seplat extends, revises Mobil Producing Nigeria purchase deal

    Zenith Bank’s Board of Directors approve payment of final dividend for 2022

    Zenith Bank Directors acquired 17.78mn shares of the bank

    Caverton posts N566.05mn profit for Q1 2023

    Caverton posts N566.05mn profit for Q1 2023

    Seplat Energy announces US3 cents interim dividend for Q1 2023

    Seplat Energy announces US3 cents interim dividend for Q1 2023

    Tengen Holdings acquires 220mn shares of Access Holdings Plc

    Tengen Holdings acquires 220mn shares of Access Holdings Plc

    • Companies
    • Industry
    • Technology
  • Sports
    • Football
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    North-West, South-West lead as INEC registers 96.2 million, Rivers overtakes Katsina

    ELECTION: How to check your polling unit, code online

    4 things to consider before buying a laptop

    4 things to consider before buying a laptop

    How to move to Canada by starting a business – Part 1

    How to move to Canada by starting a business – Part 2

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Financial Education
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home Economy

Irreconcilable Incongruities (3) – Brain Drain vs Brain Gain

Saturday, 13 February 2021, 10:43 pm
in Economy, Policies
0
Irreconcilable Incongruities (3) – Brain Drain vs Brain Gain
Share Share Share Share Send as Email

Early in the week, we ran an exposé on two recent inclusions in the nascent US Government’s administration who are of Nigerian descent. We highlighted the achievements that merited the inclusions of Ms. Enoh T. Ebong and Mr. Adewale ‘Wally’ Adeyemo into the new government.

It is important to note that there exists a long list of Nigerians serving in such capacities in different governments world over. Overtaking the trending positions of Ebong and Adeyemo is the fact of our world-acclaimed Ngozi Okonjo-Iweala as the DG, WTO. Despite the challenges posed to this by the past US administration, it has finally come to be and much so after the remaining contestant stepped down for her.

The above three instances go to show that Nigeria is not lacking in human capital resources. No, we have an abundance. Just as we have abundant deposit of mineral resources so is our manpower brimming over.

Is it possible to assemble the best of Grade A footballers into a team and they are defeated with a very wide margin by an assemblage of both Grade B and C players? We are talking of the best of the best, the Ronaldos, the Messis, the Lewandoskis, etc. That defeat would summarily mean that they are not the best of the best. It means they are chance players feeding fat on other players’ hard work.

We raised issues of wit in the last editions and many questions are still begging to be asked. Where are we getting it wrong? Why are our best hands joining other nations and enriching them? Just like we export our crude oil and buy them back refined at a higher price, why are our talents naturalizing and residing permanently in other climes thereby contributing to the tremendous growth of these economies?

Where can we place this gap? Is it infrastructural? Do we need a mindset reset? Are we still deluded by the colonial masters? Do we still have the colonial mentality of the colonized, the conquered? Why do we still have this ‘white-first’ mentality?

Is anything wrong with our environment? Are we been deceived by religion instead of been guided by it? Is the gap identifiable in the balkanization of 1914 which sowed seeds of ethno-tribal discords among Nigerians? Is our problem in party politics with the rebranding mindset that allows Mr. A cross over from one party to another and back to the same as many times as it suits his/her purpose while denigrating the one he/she just left? Is our problem in administrative discontinuity and inconsistent policies of government? Are our guys running away because of the insecurity and brigandry prevalent in the land? In sum, who did this to us?

These questions can go on and on without any answers in view. That is the basic truth here. And this is the major reason why our brains are leaving in droves. Willing nations like Canada are on the prowl poaching whosoever is willing. When our youth intuit into the future, they see hopelessness, they see emptiness, they see lack of vision. Succeeding governments do not see any good in preceding administrations and keep the blame game on till the first tenure is gone. Good four years wasted.

What can be done to arrest this ugly scenario that is affecting the fabrics of our economic and existential growth as a country? Is all hope lost? Where and who is the messiah? What model works for Nigeria?

This writer believes in restructuring! Yes, I do. But what are we restructuring? Are we restructuring allocation modes from the FG down to the state and local governments? That would not answer the question. The allocations already disbursed since independence to these small-unit governments, what have they achieved with them? Nigerians do not like holding state and local governments accountable, rather the FG. This is not a case in favour of the FG. No, they have their own issues, bigger ones at that as they are supposed to ask the state and local governments for a detailed usage of the funds before disbursing the next. Yes, Nigerians need this kind of prodding. Let us hold our state and local governments to account first before the FG.

Is the restructuring for a rotational presidency? In my opinion, this would not totally solve the problem because the players would still come from among us, the compromised breed. They have been in politics and already smeared with the ‘chop I chop’ mentality.

Looking at restructuring from parochial perspectives would result in eternal cyclic redundancy, the same vicious circle, no linearity. There are different agitations for different kinds of restructuring but I term them pocket restructuring because they would not solve our problems.

The restructuring that I adopt and propagate is the restructuring of mindset. This starts from within, with the individual. Inasmuch as this looks like a tall order given the porosity of the system, if we begin to understand that if I do not extend a bribing hand to the receiver, he will not circumvent the right process. If I learn to maintain traffic laws, officers would not apprehend me and consequentially demand for ‘settlement.’ If I understand that substandard products have a way of coming back to me, I would not either produce or import such. If I understand that exam malpractice will make me a half-baked graduate who cannot defend my certificate but depend on ‘contact’ to get high-paying jobs, then I will study harder in school. The bottom-line here is to reset the mentality that it is only the government that is corrupt. That aspect of the issue is so correct and highly over-flogged. But we are looking at the neglected aspects of life that can restructure this country.

To be continued

Azuka Edokobi
Azuka Edokobi

Azuka Edokobi is a Writer , a Farmer, a Supply Chain Expert and an Entrepreneur

Related Posts:

  • Irreconcilable Incongruities (3) – Brain Drain vs Brain Gain (Continued)
    Irreconcilable Incongruities (3) – Brain Drain vs Brain Gain…
  • Brain Drain: Nigeria retains only 30% of 4,000 doctors produced annually - MDCAN
    Brain Drain: Nigeria retains only 30% of 4,000 doctors…
  • Irreconcilable Incongruities (2) – Adeyemo as US Deputy Treasury Secretary
    Irreconcilable Incongruities (2) – Adeyemo as US Deputy…
  • Irreconcilable Incongruities: Nigerian Ebong as Acting USTDA Director
    Irreconcilable Incongruities: Nigerian Ebong as Acting USTDA…
Previous Post

Morgan Stanley unit considers $150 Billion investment in Bitcoin

Next Post

Irreconcilable Incongruities (3) – Brain Drain vs Brain Gain (Continued)

Next Post
Irreconcilable Incongruities (3) – Brain Drain vs Brain Gain

Irreconcilable Incongruities (3) – Brain Drain vs Brain Gain (Continued)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2023, qualification and payment dates

First Bank’s parent company reports N136.3bn profit for 2022, to pay dividend

First Bank’s parent company reports N136.3bn profit for 2022, to pay dividend

JUST IN: Ajaero emerges new NLC national president

BREAKING: NLC declares nationwide strike from Wednesday

Manchester City defeats Manchester United to win 2023 FA Cup

Manchester City defeats Manchester United to win 2023 FA Cup

Suspected herdsmen ambush Benue policemen, kill DPO

Again, terrorists kill over 25 in fresh Benue attack 

Karim Benzema to leave Real Madrid, expected to sign for a Saudi Club

Karim Benzema to leave Real Madrid, expected to sign for a Saudi Club

Real Madrid confirms termination of Eden Hazard’s contract

Real Madrid confirms termination of Eden Hazard’s contract

Manchester City defeats Manchester United to win 2023 FA Cup

Manchester City defeats Manchester United to win 2023 FA Cup

Investogist
info@investogist.com

Follow us

Categories

  • Africa
  • Agriculture
  • Arts & Culture
  • Budgets
  • Business
  • Columnists
  • Commodities
  • Companies
  • Cryptocurrencies
  • Economic Data
  • Economy
  • Editorials
  • Financial Education
  • Football
  • Forex
  • Industry
  • Investogist Business Saturday
  • Job Opportunities
  • Markets
  • Nature
  • News
  • Nigeria
  • Op-ed
  • Opinion & Analysis
  • Places & People
  • Policies
  • Rates & Bonds
  • Sports
  • Stocks/Equities
  • Technology
  • Travel & Tours
  • Vacancies
  • World

Quick Links

  • News
  • Economy
  • Markets
  • Business
  • Opinion & Analysis
  • Travel & Tours

Newsletter

Copyright © 2023 investogist.com, All Rights Reserved

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us
No Result
View All Result
  • Home
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Business
    • Companies
    • Industry
    • Technology
  • Sports
    • Football
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Financial Education
  • Vacancies

Copyright © 2023 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist