WEBVTT

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Hey, guys, are welcome and
good even name to another space with me.

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My name is carlu Aja. I'm
gonna be your host for the next

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three hours maximum. Of course,
in this space we're talking to economy,

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personal finance, and money. Anything
that talks about money you get here.

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Every week we make it personal to
you. We take the big topics to

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make it relevant to your bald That's
our goal here. This week we have

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a very very geeky subject so that
we talk about all the time, but

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perhaps don't have a real understanding of
the subject. We want to tackle this

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this week. It's about the I
m F. I might say that I

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am the gold band and what's going
on in everyone? Since I've grown up,

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I hear what what was happening right? I was here, I m

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F, I am floor. I
was here this SAP and I was just

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wonder what the IMF force? What
did he do? Why was it so

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d africano? Why is it so
powerful? Why are all the problems in

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our paper all to do with it? IMF? So I didn't mind reselved

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a long long time ago, but
the Kenyan situation bousing back to the forefroms

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of what we're talking about if what's
happening in Kenya. Following essentially KAS passed

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a budget with what they call the
twenty twenty four Finance Bill. Now that's

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fine as a finance actors included a
lot of provisions that have to increase revenue

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between take taxes off and don't want
to reform people how the power supplifle pricing

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care. That's the summer Finance bill
go off? Why is Kenya because in

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taxes? But because k has no
from the IMF And of course you saw

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issues use to protest the killing sactly
and it does draws back to this.

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You showed the IMF once bor again
very huge rios over over SAP, the

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Structural Adjustment Program. But then I
did understand what it was all about.

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What had a huge vile set out
when the capital was moved to our Bunja

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really at that time because it was
that encompassive with the SACK. So let's

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just talk. You speak about I
am sad and see really I am myth

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it's getting a badge back or really
I am if it's a problem. That's

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what I'm talking about is say allow
me, let me say about five ten

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minutes lay out the framework of what
I am f I'm well. In nineteen

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forty four, rights, just as
the Second World War was wrapping off,

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really in the business contusion, the
world met in New Hampshire in America and

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this sort of tried to find out
what had cost the war, you know,

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what cost the war in the world. And what they did find out

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was that Germany, after the First
World War economy had crash, German economy

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crash, and then even that Germany, German economy to a German gather them

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simply printed a lot of money.
They printed trillions and trillions of dotschemat if

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you look at those pures of inflation, mega inflation. He's from generalis the

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German taking battles of deutschmern to buy
from Prayer. It came from there.

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It was that printing, that hype
by inflation, that colt of the economy

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that led ultimately to it back called
Hitler saying that he solved the problem and

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getting elected. So you can you
can see why the monetary policy now became

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a national consecuted issue. But one
of the economy fails. You didn't allow,

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should we say, populists to come
to power, who can then start

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to prove what happened in Jermany.
So based on this listen, listen word

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of framework, what have a frame
going on going forward in Africa? That

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would essentially say that we are going
to control how we're going to be created.

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We're going to control maybe we're called
exchange it and would go to should

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have one country does not become so
economically should we say in chaos like the

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least education another go to mad Man? Right, That's what they did.

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So the IMF and the world background
created what we called the Breton Woods.

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That's them of the place, right, so we called the Britain was position.

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The IMF itself is put like a
finance company. Like the finance company.

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So if you look at your country
like like a company. If your

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company, yes, revenues extend,
your company has no let's say it's expecting

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cash from it's it's consumer and the
type of pay want to room and I

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say, hey, you're gonna work
out to my Crossum must say that's fine.

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But what if your company can't get
any loom from any bank, So

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your company can't get a loan money
bank, no body to your company?

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What will happened? What do your
stuff being angry? They might brand.

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The company might get angry, beat
your cross public nuisance you know. Oh

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the Iron is like that, and
lens going to your company because your company

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has no money. You never no
bank will lend your money, so that

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I end up coming lending the country, let the company the count. Now

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I have to stop that, so
the contract, reorganize itself and then move

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forward. The World Bank is more
or less like what rules building school,

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giving you a longer term rules for
those. That's what the World Bank does.

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What the Iron is the answer what
they did when I was formed just

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let fifteen members. Their focus was
on exchange it so it said the who

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how to the link? Whenever you
men? It was of course how to

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link occurrences to the US. The
US dollar was then links to gold,

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so I said, you could have
a high point in the ship here jermy

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or because the Germans and the Italians
the currency the bar link to go so

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they don't print any leader. You
couldn't print any marks anymore because you don't

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how to export printing Deutsche marks or
liras or whatever it was. That's the

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structure of the world had from forty
five. All good about the seventies.

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You always close that you don't understand, you must not has a huge advantage

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because the US is the one getting
a printing dollars and the best thinking that

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pret the dollar. But who dollar
is building to go? There's not enough

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Google to link to dollar. So
essentially the US can print what you want

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if you wants to finance the steps
by simply the coupling the dollar, which

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is what next thing did. So
the next thing took the goal from the

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dollar coupled. So now the US
dollar a dollar and like this this look

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at it. You'll tell you take
this dollar to the and that's cool,

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it's right there. But you move
what is not. It's called the fate,

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the full faith of the U S
governments. When you hold the dollar,

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you're holding a piece of paper.
It's a promise and an IPO.

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You It's that cool, doesn't I? So let's move for to what that

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means? To go down now the
world it's more waring to go. We

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means the I American broger has a
rule, right, So what did they

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do? The first The boss said, if you're in African country, commutes

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to get the long tend development loan
from the war to be a member of

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them, so to get a loan
to be schools in Abia, and I

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just don't in the loon. We
still have to drink the IMF to get

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that. Look from the renumber two, I am transitted away from your exchanging

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vol we call surveillance and giving loans. So the IMPS to the world and

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Stisen, We're going to start to
solvelle and record your economies every year every

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quarter. So I'm like a credit
people. They would come to your conscience,

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hear, how are your experts,
are your imports or are you spending?

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What's your inflation? They can't cut
it everything and then they put out

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the reports out there every year.
They do it. So even if you

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don't know the Miami flaw, you
want to ensure that the report that IMP

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has produce forul you is good because
it's based on that I AM report that

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to vent your money. That's the
whole idea. So even if you don't

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ones and I AM flan, you
have to have anything, you will still

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dissor veil. So you want to
make sure that your economy is good.

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Is good? Why do you want
to measure economy going? Because you still

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have to borrow. That's why I
AM. If you go to Chase Man

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having to borrow money, would look
at your iron met report and see how

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good is this country? And of
course the concast has a bad report,

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they increase interest rates for good report, and so interested. That's the general

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framework of how the IMF, the
World Bank and the banks are now hiring

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into this borrowing, which means in
Urkenia and who wants to borrow and you

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have already borrowed from the eurobonds,
you've already broken eurobonds, which means you're

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like that company that no longer gets
loans from the commercial markets. Okay,

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and no do that what was going
to be a year going now could no

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longer get olds because it really borrowed
from the neuroborwth market, just like my

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Juia who really borrowed with Maximize and
the experts and is from Kenya. I'm

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authorizing. But the costs in Cana, the cost of salary, the costal

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or the governments arising, no more
will lend you money without IMF sitting.

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So what does IMF say, Well, the process supports on you and we

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will give you an IMF loan.
This is where it gets interesting, guys,

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when I follow closely whether im gives
you a loan they keep you called

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the conditionality collection. That means that
you will take that loan days on conditions

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that you must then implement your look
at the company. Those conditions are the

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same as you guys would know it
would be in every new subsidies. It

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is will be set of government focused
on their exports. If he notices those

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constraints that designed to create revenues revenues
in the economy to repay the IMF.

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So but why it's Nigeria, but
it's thailandized Kenya. All the constances have

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wanting go create revenues for the revenues
by making the economy efficient. Guys,

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you are in trouble, then you
go to the IMF. It's not that

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puts you in trouble. Kenya was
in trouble. That's why I went to

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the im It's not all the way
around. Because no bank will lend you

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money in dollars on till the CI
reports. You have to go to the

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im for that short term loom,
get the conditionalities and implement them. When

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the whin I see you implementing the
g is exactly what happened in Kenya about

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supertone from the IMF right and Washington, and he has that he was going

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to or signals grow to implement this
new finance. At what happened. They

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released him, So the up front
they have to then go back and past

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this conditioner. That's the funny thing. Why was campaigning im going on?

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And they knew that they were saying
doing their campaigns would not work because they

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are signing an IMF loan that says
you are going to increase taxes. But

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they signed knowing that down the line
they have to increase taxes. And they

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tried to increase taxes and pushed back
on them. That's why they're so insistent,

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because they don't get this I AM
financing. They can't go anywhere else.

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Literally, the europe bond that KNA
issued, they issued a new eurobond.

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They used the new eurobondes issue to
pay off the mature europones issue in

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June, so not that they have
to borrowed. We're taking the money in

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a advance. I'm paid of the
existing room the new issue, you know

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issues. It's a signal because i
m F has said being a little plastic

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conditionality which are in that finance.
Connected scientist finance at you get trouble.

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That's the connection and that's why you
don't see people right now limited I ms

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I didn't think. So you are
in trouble, then you go to the

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I meant did not cause Kia's politicians
to pay themselves. Have become the highest

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paid politicians on planet pap capital kings
are the highest thing. They beat my

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injurior to that record. So that's
the framework. Samely with Mygeria. Probably

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the exact same thing doesn't have an
imposic. But I am a person to

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call a pol support instruments p SCI. What a perscie is is you can

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say I don't from them, but
I want to upreate my economy. Onder

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the guide bout what kind of considers
good. So if you do it p

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s I, you pretend as you
want to bow and they know your economy

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as if you are that efficient.
Put this week that from the back.

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The bank will tell the stop.
You must form you cash, you must

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measure you all the technique a bit
quarters must high accountants. Now the company

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can say I'm not going to money
all the band to our impediment because they

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are so they just say we're going
to the news of this, Why so

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there's more to pay pay back?
Im My Jersey, we're going to increase

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tax, why so there's no more
money to take back? Those allies are

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designed by the IMF to extract the
revenues from the local economy so that when

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you pay after im if you see
now that you can't give back international models,

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that's the whole idea. That's why
I see there's no iron. If

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you would come the psy we're increasty, were moving some today on fuel Mara.

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All these things are all quote unquote
I am construti. We don't have

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to borrow, but you have to
create that powered in such a way then

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get those ratings from Moodies, from
S and P. So the questionally was

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onto this it's after giving the IMF
bad round africass getting too trouble, then

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they have to go to the IMF. It's not all the way around.

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So cal ask question has the end
of parting success stories? Well, because

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you're saying this, but I'm faults. Is Africa's fault? Yes? Look

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at Asia, Look at Thailand militia, like I suppose the currency extenriting institution.

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Look at what they in the contre
Thailand Shia. When have the Asian

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crisis usimbcause being I also came in
unstabilized and they moved on. Right,

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those courses are doing better now because
the economy is the structure that of those

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countries I did it ACS with.
The infrastructure is already set, so I

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rest to repent to what they were
really not to do with the exchanguries.

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If you come to the country like
Evangeria and you don't do what iron policy

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to increase your Saturdays, sabtidays,
increasing unity the pastor that is very very

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easy because just outside legos they are
the roads. So you said, removed

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the subt today on the PEMIS.
The PMS subject moval is supposed to generate

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more revenues to the government to the
but once the government gets regones has to

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go immediately and pay to the five
thousand two poor people because the economy is

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to ancient to inefficients to understoo first
to what economies. That's what's going on.

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The guys that wrote the Economy sect
we did not believe in the country

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that exports crew oil will not have
pass life. So when the rite of

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theories, they don't think about that
a country like that is the lanes was

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content in Africa, which is the
last year likes to common Africa were off

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an economy without real lines. There
are no real lines when measure is worth

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all the government of sound are all
the ruggage only agalty. But on the

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standard page there is a country that's
the largest exporter of crudel from nineteen seventy

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to date. Has no real lingual
Baities has no standard really language, no

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sound, has no parts of life
into four seven. No one writing economies

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tells in nineteen forty seven as d
this was possible the immediately a genuine were

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bomb after the Circondportan war. But
now even that you have power supply.

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But they did not believe that they
can't you so far for thirty years with

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no parsipply let back noon for the
civil war. They have power supply.

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So this will be a guy.
So let me stop talking. Guys want

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to speak. Kind of lots of
games are hearing, So let me get

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dollar dollar How you doing Fastia to
go go go for it? What's the

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thing I'm not already have Tom of
dal Brady kind of just to be clear,

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to be does Nigeria have an I
am a flow or not. That's

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a good, good question. I
know from the records I'm seeing Nigeria has

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no existing I am a floor per
se. What IMF did was that when

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we had the COVID crisis, I
am to give a support literally all opposed

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the difficult countries across. It's not
a normal I hadnfluent per se. It

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00:19:00.799 --> 00:19:06.200
was his cool is support that hecame
and of course a major for a part

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00:19:06.240 --> 00:19:10.680
of it. And in the last
before I saw from the death win the

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00:19:10.720 --> 00:19:15.839
office measures that presses about that.
He took from that love from the aromals.

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00:19:15.880 --> 00:19:18.160
So we don't have the rule that
say what it's just as fastility.

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The last bow we had I believe
was two to and the year two thousand

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thousand last low the Nigeria got from
the IMA. We did the SAP with

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his SAP, which is structure program, but we did take the iron fluce

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work. Why did the work but
I did? Was his rand the economy.

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He really not to posterity. He
did what I met with that acting

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to do without. I am fluent
per se. App a what you do

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I can't take. So was the
gool friend. So I was really going

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to bring on maybe started answering the
question, I think that it doesn't really

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hurts Africa. Africa when when you
when you have troubles asked when you goes

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I have are you ready to look
too far? The largest Siberians flaws Indian

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at the moment and the standing loans
have been training down for India last just

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three years. And I forget that
these critic how to say is that they

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have one place all we get,
which doesn't really work when the bos those

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are those markets. The economic structure
is a fort, not a post quick

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as you do the work in basible, but they don't take into the nuances

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of the economy, especially enough and
the policy and not just policies. And

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it's not uniful like in European Westerner, but they don't seem to have that.

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Maybe they do, but they don't. They are enforced that doesn't go

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all the way when it comes to
honestly, they have the requirements. How

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these pledges are limited in an interview
and you have Canada where for high access

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and accesses and hares to make sure
they can get back to it works.

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But when you look at the situation
the crowd, it's it's not something that

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yeah, but that's like that.
I will be by critique where it comes

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to at least the policy. So
and it doesn't work. They have it

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doesn't work. They didn't money of
swins in principles work. But you have

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to get into the fact that different
conditions issues just as you do. Well,

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00:22:15.680 --> 00:22:19.960
they have that doesn't work. Yeah, ixt it this way? Yeah

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you expected, really I do with
you, but that the nuance this lost

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when they get to Africa. Right, But if you look at them and

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said, let's for example, the
brutal was campaign at the same time they

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want I should an I M a
flow and at that one they have told

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them already this is what I want
you guys to do. Number one,

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that implement its new tax policy will
just increase taxes. Number of three,

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you have to scrap subsidies including your
services. Number three you have to do

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power can be propable. So was
boring and that you that make it like

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what's called band all I kind of
stopped making them up to the re costure.

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Tis right, but to in the
campaigning was telling King, I'm gonna

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give you free for I'm gonna give
you free broadband, all that kind of

258
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announsense. But he knew he knew
that I was gonna sign this this now

259
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from the iron and based on his
his commitment to sign the IMF sixty million

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dollars, he got mess txt million
dollars. You know that I was gonna

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sign. And I woke went to
turn and said, yes we've reviewed king

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as a policy and yes they're going
to the power in for so we the

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finas Adam was already up. They
need to saw the act already. It's

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like the five So now now all
in arms, and they should because what's

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happening here. They can't. You
are saying, listen, you're not costing

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your cause, you are increasing that
passes. They have valid argument the politicians

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now and then the people would still
come back and blind that I am for

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what they are, what we would
do, and numerous back in Africa,

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most is the problem. Look at
Sack Africa, Look at Sack. Every

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00:24:03.799 --> 00:24:08.079
Nighterian, no start, you'll tell
you I am a new liberal policies.

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The same work in Uber uber policies
Niger and Africa. What is it?

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Nine junius kings have drawn there,
coming to the ground that the peopeople brought

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it over. I wouldn't let you. Most the last lender office. No,

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I agree that maybe I'm not taking
responsibility from most of the most of

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them, especially when Nigerian's very's issues
primary from those corruption about politicians just telling

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based factors that naturally occurred. But
there's one of the few places I'll say

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00:24:49.880 --> 00:24:57.720
politicians are actually primarily responsible for our
coming situation. So I'm not thinking I'm

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00:24:57.880 --> 00:25:04.079
taking supposed to use yours. I
agree. Reference is not the bog just

279
00:25:04.160 --> 00:25:15.039
blame and I'm willing to get because
you're alternative. It's a technic where it's

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00:25:15.119 --> 00:25:21.839
so my it's where what is that
contract going back? Yeah, you know

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00:25:21.960 --> 00:25:26.559
what, you know exactly why I'm
going to everyone want to blame baference far

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worse where you know, very sorry
my question, things get worse really clinically

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have So it's uh, it's nothing. It's I don't think the reason that

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I should say current situation for them. That's so, that's definitely I mean

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that. I mean it's called the
one buying private jets because I mean I

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00:25:55.240 --> 00:26:00.599
didn't buying private jets. You know, get my share, but it's my

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00:26:00.799 --> 00:26:07.759
junior find privates and yours and stvs
where the one's doing it where they was

288
00:26:08.160 --> 00:26:11.680
taking up because you know what I
am as an exchange That's how it was

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00:26:11.799 --> 00:26:18.079
started, exchange money. So when
your balance of tree starts to get this

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00:26:18.400 --> 00:26:26.960
stepping because you're a little bad,
So that that's some more from us,

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00:26:26.440 --> 00:26:37.480
jount, don't speaker, Johnson handerly, how you doing? So? Where

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00:26:37.480 --> 00:26:48.480
are you calling from? Yeah?
Mallow, excellent, go for Fox.

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It's an opportunity to speech. And
we as Africans we must suspected foreign loans.

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And I'm so coldly, I don't
know whatever is I will medical for

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us. My question is why pro
because the free we have everything on its

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00:27:15.640 --> 00:27:25.640
own izations, We've got more good. Why don't do some better on major

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system that is realing force Africans instead
of relying on foreign moons? Question?

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00:27:36.240 --> 00:27:41.480
I remember the speechure of someone Musia
for a president of the Big is.

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00:27:42.839 --> 00:27:49.319
He said, in order for someone
to understand the capacity and the objective for

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00:27:49.599 --> 00:27:57.680
the enemy, you must have constant
or ideology of how to deal with you

301
00:27:59.079 --> 00:28:08.160
the enemy. We must have a
proper how you and African provid I'm always

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00:28:08.200 --> 00:28:15.640
saying that why generally have h industrially
freditional, but that won't be able to

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00:28:15.799 --> 00:28:22.920
puceed it about these economic chas because
I'm with it's been there for how many

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00:28:23.000 --> 00:28:30.880
years. I don't know which contes
with him. For me ask question,

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00:28:30.599 --> 00:28:34.680
I don't think there's any African nation
that has had a good experience. Is

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why is this eceptional? I am
convi with trouble, but the point is

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00:28:40.200 --> 00:28:42.480
that trouble comes that I am in
common. They're like Chris and am poor.

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00:28:42.640 --> 00:28:45.799
When you have trouble, she comes, but she doesn't create the problem.

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And if you look at Africa,
three countries are not born. I

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am in three countries. Number one
Libya, Libya, no idea is not

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born. All money, but they're
not born. When I am number two.

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00:28:57.519 --> 00:29:02.319
Very sure, that's like not career. I don't printing why anybody that's

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number two? The number three you
got Botswana, and Botswana has been brought

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in. They run the economy the
expert diamonds and they pay very very good

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00:29:11.319 --> 00:29:27.920
economy. So again got among legion
cod countries doing the two clean countries to

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00:29:29.119 --> 00:29:33.759
balls. This is the thing,
this thing that I tried to explain that

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00:29:33.920 --> 00:29:37.359
very top right. So Botswana is
going to run the economy as if it

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00:29:37.680 --> 00:29:41.319
was borrowing, but it doesn't borrow. It doesn't that way to have a

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00:29:41.559 --> 00:29:47.440
good credit rating. They're not borrowing, so they would they say, hey,

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we're going to do that budget.
We're going to be transparent, We're

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00:29:49.799 --> 00:29:53.519
going to be things that I am
is asking for. But they do to

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00:29:53.599 --> 00:29:59.440
borrow. They have those borrow the
every sausage country. They have been investized

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00:29:59.559 --> 00:30:03.720
us perfectly. Back to the economy
zero Crossia great rule of law that puts

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00:30:03.759 --> 00:30:08.000
it to sound and then the people. You can't say the same for many

325
00:30:08.119 --> 00:30:11.440
of the hub resauce wach and I'm
gone the same. That's the thing.

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00:30:12.079 --> 00:30:18.920
So I am ever Totswana to to
to give them money. When I come

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00:30:18.000 --> 00:30:22.400
to Zambia. You're from from Zambia, so you're from Malami. Malawi.

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00:30:22.559 --> 00:30:26.359
Your president became good guy. He
dropped in Pritain in this first year.

329
00:30:26.720 --> 00:30:32.200
Now they've got I amant to borrow
from. That's Malawi. I know the

330
00:30:32.519 --> 00:30:34.720
first time he came on. Didn't
know that. I end up give him

331
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on an he goes, what's very
very luminous. The same thing is gonna

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00:30:38.440 --> 00:30:42.039
happen in Malami. It's new guys
are going to give you guys to Malawi.

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00:30:42.079 --> 00:30:47.119
It's gonna be the same thing in
Chris taxes moves off to this because

334
00:30:47.960 --> 00:30:52.720
I want to back. They are
not a developments back. I was a

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00:30:52.799 --> 00:30:57.319
bank also a finance company. World
Band could give you ten year loans.

336
00:30:59.240 --> 00:31:03.279
So it's it's the same question as
you say, why do we have africam

337
00:31:03.359 --> 00:31:07.000
but we have one back. But
I guess you show us are the best.

338
00:31:07.920 --> 00:31:18.240
Maybe Africa academy China, maybe at
the all I am development knows without

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00:31:18.279 --> 00:31:25.240
these stranger conditionalities, perhaps because you
don't have well, yeah, where I'm

340
00:31:25.319 --> 00:31:30.279
sitting that now and where I'm studying
that now is that Africa. It's like

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00:31:30.440 --> 00:31:37.599
a beautiful girl grateful everyone who want. We must forget on the line on

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00:31:37.799 --> 00:31:42.640
foreign forces. We must decide to
build ourselves, to depend and the drive

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00:31:42.759 --> 00:31:51.200
on our own, the see mentality
and the seeing ideogus saying, let's see

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00:31:51.279 --> 00:31:56.160
level Russia. This shift our I
go to call it our alliance to China.

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00:31:56.319 --> 00:32:00.440
This is the one that is is
affecting us. China doesn't mean Google,

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00:32:00.519 --> 00:32:08.920
so first and in the field compared
to the in China, very different

347
00:32:09.039 --> 00:32:24.759
people saying disciple and so we must
have people their own as affident good space,

348
00:32:24.839 --> 00:32:30.119
and I agree, I agree,
good speech, but I'd just say

349
00:32:30.119 --> 00:32:36.480
you something right if China was not
in Africa. I doubts who would have

350
00:32:36.640 --> 00:32:43.160
seen any standard transcontinental in Africa as
we speak. And that's that's the irony

351
00:32:43.200 --> 00:32:45.440
of it. I ape what you're
saying, we should build our own,

352
00:32:46.200 --> 00:32:50.960
But without them, I don't know
whether when Africa would have been today.

353
00:32:51.960 --> 00:32:54.200
I'm a temple. I'm just saying
that, you know what is wrong with

354
00:32:54.279 --> 00:32:59.119
I'm agreeing with you. What's wrong
with Africa that it has to take China

355
00:32:59.319 --> 00:33:04.720
to come here? Channel was something
farming in nineteen seventy eight main whatever visited,

356
00:33:04.920 --> 00:33:08.599
they had a farmine. But now
they're taken over Africa. They're building

357
00:33:08.680 --> 00:33:15.480
really with building rooms Africa. Your
building was built free of flood by China

358
00:33:15.599 --> 00:33:22.720
and Africa. I have n area
and the building. Yeah good place.

359
00:33:23.000 --> 00:33:28.519
Did you just starting to rescue something? Are you sure? Chinese? The

360
00:33:28.599 --> 00:33:34.559
building of see what you're calling again? You will be for free? This

361
00:33:34.640 --> 00:33:42.079
is good for free. It's all
the same on many that was. That

362
00:33:42.400 --> 00:33:53.000
was the takings seeing from Africa.
Give an example is the easy exporting crow,

363
00:33:54.039 --> 00:34:00.480
which is a row China creating jos. Do you know what this gas

364
00:34:00.480 --> 00:34:07.559
area? They're buying jims, plant
and group metals. Their bye, but

365
00:34:07.720 --> 00:34:12.320
when they come goes to China and
the day in the parim and the different

366
00:34:12.400 --> 00:34:17.239
types of metals. So we're talking
about doing things for free as Chinese were.

367
00:34:19.599 --> 00:34:23.840
Because we Afghans, the ones feeling
we Africans and the ones feeling Russia,

368
00:34:24.360 --> 00:34:30.360
we are the words feeling America.
You can say, okay, we

369
00:34:30.679 --> 00:34:37.440
must have only our only old college
ideology on how to run this continent without

370
00:34:37.480 --> 00:34:46.320
the line offer social for thank you
commented with thanks so much? How is

371
00:34:46.360 --> 00:34:54.519
the found? How is the how
is how? What's happening to you?

372
00:34:59.239 --> 00:35:07.920
To see what body find his find
find excellent? Today? Sir? What's

373
00:35:07.960 --> 00:35:17.320
your day? You did a little
of us a little big people. Even

374
00:35:17.440 --> 00:35:25.280
the concept of I never designed,
has never and I am to have any

375
00:35:28.960 --> 00:35:37.920
under the block country to come out
of expanancial progress or help or in any

376
00:35:37.000 --> 00:35:45.079
way. I've never been a discribinization
of fact from Africa completely has been the

377
00:35:45.199 --> 00:35:52.920
being of our fund government. In
some countries, like for example, before

378
00:35:52.960 --> 00:35:59.400
the introduction of South look at all
our industry, look at fair I used

379
00:35:59.400 --> 00:36:05.679
to manufact to as contract us lookers
say, do you look at books and

380
00:36:05.880 --> 00:36:12.280
legals? There were some pullaying truck
structures and so on and so forth.

381
00:36:12.320 --> 00:36:16.960
On the return into into houses due
to the structional adjustment books and the who

382
00:36:17.119 --> 00:36:23.239
is Africa contius remakecause perpetually people and
turned on their own resources, on their

383
00:36:23.280 --> 00:36:29.320
own finish goods. They take materials
from Africa, they been by fish products.

384
00:36:30.159 --> 00:36:35.079
Why don't they set the industries here, we're using the law materials and

385
00:36:35.159 --> 00:36:38.079
we have a lot advantage. You
look at what is happening, and and

386
00:36:38.280 --> 00:36:45.679
and in major look at they have
uranium did not have a single power power

387
00:36:46.039 --> 00:36:51.159
one member words, but the whole
of Europe. This is a text person

388
00:36:51.440 --> 00:36:57.599
acting persons of intels, the uranium
to power the dandagy so on and so

389
00:36:57.800 --> 00:37:01.679
forth. How would you give somebody
you loom a package. Let's say,

390
00:37:01.760 --> 00:37:06.519
let's say, for example, you
need somebody one billion dollars loom for a

391
00:37:06.639 --> 00:37:15.159
project. He spends six hundred million
dollars for the size for these sers and

392
00:37:15.360 --> 00:37:21.920
so on on. The villion goes
back to the US, the European nations.

393
00:37:22.639 --> 00:37:28.079
I've never said them they actually have
any comment of the woods. It's

394
00:37:28.239 --> 00:37:37.000
never there. Also on the implications
of a contribution to this a lot also

395
00:37:37.119 --> 00:37:40.679
this have been married out from for
some such a long time. On this

396
00:37:40.880 --> 00:37:51.760
since I listen and see her the
question. The question as this when sa

397
00:37:52.840 --> 00:37:58.039
who who brought up? I broke
up my vires brou because those in the

398
00:37:58.199 --> 00:38:05.360
vision true the industries are talking about
stairs and an uncle. They failed.

399
00:38:06.400 --> 00:38:21.559
It failed. Then I m f
king it was a competition. That's the

400
00:38:21.599 --> 00:38:23.719
point I made Hannah that if you
google this, if you go back and

401
00:38:23.760 --> 00:38:29.280
pep listening hand asked that if you
if you if you go back and look

402
00:38:29.360 --> 00:38:31.960
at the history, I don't said, look at the history Bangad that was

403
00:38:32.360 --> 00:38:38.360
present austerity program with men that were
broke. Hence we had to do austerity.

404
00:38:38.800 --> 00:38:42.599
But they then said, why do
you do austerity? Why don't you

405
00:38:42.800 --> 00:38:47.239
restructure the economy to take this from
the consumptionisting consumption to production was from the

406
00:38:47.400 --> 00:38:51.960
bancade. That's time. So we
said we're no longer going to import that

407
00:38:52.079 --> 00:38:58.159
stir you're talking about would in c
KD and couple in about you and then

408
00:38:58.280 --> 00:39:02.199
usage. They said, no,
little to backward integration. There's the impulsustitution

409
00:39:02.719 --> 00:39:09.199
and make the local materials for stair
about pizza that just bringing the feud reports

410
00:39:09.559 --> 00:39:14.079
and then use this stir in Nigeria. That was the one I there who

411
00:39:14.119 --> 00:39:28.119
were broken. You don't have to
give you the yes was producing. There

412
00:39:28.239 --> 00:39:40.320
was no producing flatship. But Hannah, what is the difference. But Hannah,

413
00:39:40.440 --> 00:39:47.920
is the part I'm making sad was
because Nigeria was broken. I imagine

414
00:39:47.960 --> 00:39:52.280
not give sad that we became broke. That's the part I'm making where the

415
00:39:52.360 --> 00:39:57.320
timeline has to be established. Once
in the timeline right, that is faster.

416
00:39:57.440 --> 00:40:00.599
You can't google this one day.
That was the most scarity program because

417
00:40:00.599 --> 00:40:07.480
we could not pay for the imports
before Bangda essential commodities. I grew up

418
00:40:07.760 --> 00:40:12.960
lying not to buy a shoot the
milk and Nigeria essentials. We could not

419
00:40:13.039 --> 00:40:16.920
pay for the imports. So SAM
was to allow it to get looms believe

420
00:40:16.960 --> 00:40:21.760
at the irons room. But was
the structure of the economy to allow the

421
00:40:22.199 --> 00:40:43.599
to access foreign canter? That's factual
Nigeria Nigeria I did didn't take you a

422
00:40:43.960 --> 00:41:00.320
result. Did take the exactly because
what do you need to do? But

423
00:41:01.440 --> 00:41:07.119
it is a pretty for they do
is cool? This is the timeline that

424
00:41:07.239 --> 00:41:12.639
the web said something you want to
access this? This had the police ground

425
00:41:12.840 --> 00:41:22.519
I do this, So what can
this? This? This? This this

426
00:41:23.559 --> 00:41:29.239
cent ware advice. I spend time
with man but when did manators look at

427
00:41:29.280 --> 00:41:37.320
the totument down to the spy would
you kick thinkers? We were totize to

428
00:41:37.480 --> 00:41:45.400
the first book industry. I will
assess us as still like because I said

429
00:41:46.079 --> 00:41:50.159
the would advice, you will have
to go on. I guess you're walking

430
00:41:50.239 --> 00:41:55.320
to sovialization. Okay, so what
did I am not telling you? One

431
00:41:57.000 --> 00:42:01.960
umber one increase the more tax lemol
Nigeria was more collecting quote unquote, and

432
00:42:01.960 --> 00:42:13.199
I'm doing very flippant taxes by getting
money for foil. So fow, how

433
00:42:13.320 --> 00:42:22.159
can Hannah, how can I help? How can know everything economy from taxation?

434
00:42:22.599 --> 00:42:38.599
Everything? Every Western national taxes station
taxes. You can argue with the

435
00:42:38.960 --> 00:42:46.079
mechanics, every initial taxes, every
initial taxes, the initial to be like

436
00:42:46.440 --> 00:42:53.800
Malaysia, every nation basically was free. There was no TAXI the government.

437
00:42:53.960 --> 00:43:00.760
It is import people don't have to
work in so sunset when we were structural

438
00:43:00.960 --> 00:43:08.360
structure adjustment to tech Nigeria from an
import to many local manufacturer. That was

439
00:43:08.440 --> 00:43:15.599
all sample. Consumption was important to
consume. We had no dollar, we

440
00:43:15.719 --> 00:43:19.119
could be four dollar. It's passive. I am a stopped the inport.

441
00:43:19.440 --> 00:43:25.199
I am saying it cannot afford import. Hence increase your times to host the

442
00:43:25.519 --> 00:43:30.800
local pot too many for so it
had local height tech a local heightench and

443
00:43:30.000 --> 00:43:37.159
came because SAP came and stopped the
important parts. These are not important.

444
00:43:37.239 --> 00:43:40.239
More part into nager again. You
now have to like all local heighten local

445
00:43:40.960 --> 00:43:45.440
today and today you not have the
eno sense and the world the conatus.

446
00:43:45.519 --> 00:43:50.199
It the issue of the south,
the issue will not do it properly.

447
00:43:50.559 --> 00:43:57.679
If we're going properly, would have
had Ino sing in nineteen seventy Ino say,

448
00:43:57.719 --> 00:44:01.800
it's local. One is German.
So they have huge constructures in the

449
00:44:01.920 --> 00:44:07.559
Harperst culture. That war is band
is still here. One is pretty c

450
00:44:07.760 --> 00:44:12.760
k d to do legals to I
said, that's what's taking up. So

451
00:44:12.880 --> 00:44:15.239
I am, I said, you
can't afford important more. You have to

452
00:44:15.280 --> 00:44:38.639
do more local inc this is important. Still it's amazing or who killed Jack?

453
00:44:39.280 --> 00:44:47.840
I am who killed a jug?
It was faster, but the worst

454
00:44:47.880 --> 00:45:00.039
thing I decided the Russians build and
about the west still Russian? Did I

455
00:45:00.119 --> 00:45:06.880
give you the cont that was from
the stuff all night rosa. I joke

456
00:45:07.079 --> 00:45:10.199
that to use their pulls, so
I just I was to steal without the

457
00:45:10.320 --> 00:45:28.360
bonness. It's not true how they
are jumping the so you know what I

458
00:45:28.440 --> 00:45:30.719
talk about that why did we have
the tack? Why do you have it?

459
00:45:30.800 --> 00:45:36.400
Why? Why do we have a
tackma man? Why is that?

460
00:45:37.199 --> 00:45:40.079
Yeah? Why we habits? Why
do we have it? This one is

461
00:45:40.159 --> 00:45:44.119
why the habits? Now? Coo, why would that? Nigela? I

462
00:45:44.159 --> 00:45:47.960
don't want money? Why do we
habits? But I don't want go ahead?

463
00:45:52.440 --> 00:45:59.199
You know? Why do we have
no question? Asking? Is that

464
00:46:00.039 --> 00:46:05.199
a DNA cannot use Nigerian iron ore? We have to create the idea iron

465
00:46:06.039 --> 00:46:51.119
Google because okay, let's go there. You go answer the question sir in

466
00:46:51.320 --> 00:46:57.599
Nigeria iron, I don't call Njulia
has an intire can cannot walk with a

467
00:46:57.760 --> 00:47:00.880
jacutar, So I don't have to
build. Then you have iron company to

468
00:47:01.920 --> 00:47:08.599
iron. That's why we do that
to make money from the process. So

469
00:47:08.760 --> 00:47:16.960
instead of selling that, they have
to help mine incorporation to be spending the

470
00:47:17.159 --> 00:47:22.920
role as tout as a company.
Now. So the comment answer those louis

471
00:47:22.559 --> 00:47:30.760
noir. That is a con to
move on. We have to move on

472
00:47:31.719 --> 00:47:37.159
starting their life from the word from
the companies. They said the company adventure.

473
00:47:38.239 --> 00:47:44.800
There must be a first for this, so that you do and you

474
00:47:44.920 --> 00:47:51.199
know is company not that I don't
know we'll just be there because it was

475
00:47:51.239 --> 00:47:57.079
such as the company now and the
independent of the as of the mining because

476
00:47:57.639 --> 00:48:09.800
of the Mining Corporation Commission supposed to
take classic class for us. What's not

477
00:48:13.199 --> 00:48:31.679
is completely use to produce whatever we
want. Flash. You had listening,

478
00:48:31.760 --> 00:48:39.920
so let me let me try to
do this. Hold on listening, so

479
00:48:40.039 --> 00:48:45.880
let's miss up. I listened plants
when I so, why do we want?

480
00:48:45.079 --> 00:48:49.719
So what we complaining? I move
on? When like yeah, I

481
00:48:49.920 --> 00:48:53.159
was looking for song to do and
I still the plans. We went to

482
00:48:53.199 --> 00:48:59.760
the west, the west signal Russia, I did, I didn't have there.

483
00:49:00.480 --> 00:49:05.599
Russia abait to give Nigeria in noom
to build a ja quota, give

484
00:49:05.639 --> 00:49:09.599
it to Russia to build. Then
Nina found oil. Because Nigeria found oil.

485
00:49:10.079 --> 00:49:17.159
Where back to the best Salami sucks. I'm just finished salami. No

486
00:49:17.280 --> 00:49:22.719
no shot play that finished the poka
Google is took good. Nigah went back

487
00:49:22.800 --> 00:49:28.000
to work to west to try to
get contact to the west to do because

488
00:49:28.480 --> 00:49:36.719
the Russians came back and told Nigeria
that the iron or in Nigeria is capable

489
00:49:36.920 --> 00:49:42.840
of being used to mix steel in
child cut and they have the technology to

490
00:49:43.079 --> 00:49:46.840
use it I don't hope in Nijera
because the problem that then the West I

491
00:49:46.960 --> 00:49:52.280
am in Nigeria cannot miss steal the
Russians cannot consays no, it has this

492
00:49:52.519 --> 00:49:58.599
technique and make it based on that. You give the contact to child Quota

493
00:49:59.039 --> 00:50:02.400
where the Russians to count the Jacota
they started to build it. They didn't

494
00:50:02.440 --> 00:50:09.000
market nine out the plans later on
the power more from then the guys found

495
00:50:09.000 --> 00:50:15.199
the found out that this was a
huge scown and it was too late.

496
00:50:15.440 --> 00:50:22.480
That's why Russians built Adacota that you
have spent five still plants. None was

497
00:50:22.519 --> 00:50:27.880
given to the Russians even at jac
guitar the Indurianblus and then give me to

498
00:50:27.960 --> 00:50:32.079
the Italians and they are I'm going
to build in a jug didn't give Russia

499
00:50:32.320 --> 00:50:39.559
any other contracts in the Russians are
important dates into a juct to next Still

500
00:50:40.079 --> 00:50:45.400
I don't know in Fied to next
still it cannot make still needs to go

501
00:50:45.599 --> 00:50:52.800
policy they want to now because se
country has improved now is in the same.

502
00:50:52.920 --> 00:50:55.519
I don't that the Russians papers they
want a cralal now, but it

503
00:50:55.599 --> 00:51:02.119
is after twenty twenty years back then
not possible. What that said howd on,

504
00:51:02.199 --> 00:51:07.360
let's move on. Well, let's
go on, hond on, move

505
00:51:07.639 --> 00:51:10.400
hang on, how no, we
have to move on. We have to

506
00:51:10.480 --> 00:51:17.400
move on. Howd let's move on. Let's move on. So let me

507
00:51:17.440 --> 00:51:25.199
get I am appreciate that jump such
I won't speak Lucky you before Lucky Lucy,

508
00:51:27.679 --> 00:51:34.880
sorry about something? Lucky ahead,
Lucky Green walking twice at doing mister,

509
00:51:35.039 --> 00:51:43.599
and then I this glass, Yeah, Lucky ahead, okay, Wise

510
00:51:43.719 --> 00:52:05.960
where you come it from? Lucky
go ahead? Yes? Yeah, I

511
00:52:06.039 --> 00:52:13.920
find you that? What exactly like? Call? He'st you find out that?

512
00:52:15.559 --> 00:52:31.000
Okay? That you know? Who
is day Lucky drop? I can't

513
00:52:31.039 --> 00:52:43.920
hear him again? Can looky?
I can't Lucky mister edky he lets go

514
00:52:43.960 --> 00:52:55.480
ahead? What's evan? I think
you dropped off? And guys his mistake

515
00:52:57.039 --> 00:53:07.199
first Piet around you guys speak please
dip oh more year listen, Hi,

516
00:53:08.719 --> 00:53:15.719
thank you very much to everyone to
say everyone want listening. I'm trying to

517
00:53:15.880 --> 00:53:22.559
work. We are diversity covers.
Yeah, and that was the focus of

518
00:53:22.639 --> 00:53:30.840
designs up said I, you know
during usual health time, because I'm trans

519
00:53:30.880 --> 00:53:35.840
forcing us like someone who always to
fat, always telling you I'm like that

520
00:53:36.159 --> 00:53:43.960
close you get take help me?
Is that the gift of the shows that

521
00:53:44.320 --> 00:53:53.119
all the excessis of the politicians to
do conditions that rests. So if ye

522
00:53:53.320 --> 00:54:00.159
conditions we're talk to politicians, okay, mytage, put yourself on really somebody

523
00:54:01.519 --> 00:54:07.320
before stop stop ahead now and still
okay, trying to help us. But

524
00:54:07.480 --> 00:54:12.960
when everything you want to keep generally
you know you're goodtroduce. The chance is

525
00:54:13.039 --> 00:54:15.840
to step the masses, is to
punish the mass, to punish the common

526
00:54:15.880 --> 00:54:20.960
man. So I don't think you
got that idea that they are how to

527
00:54:21.199 --> 00:54:23.880
dis Africa. I don't think they
are at work because it looks like it

528
00:54:25.000 --> 00:54:34.199
so like like there's a thing that
reality tragedy buying in the I think something

529
00:54:34.360 --> 00:54:40.920
was around. They may exporting exporting
massive so it's not about moving from consult

530
00:54:42.079 --> 00:54:46.960
to put, from consultion to exporting
it like ye're exporting massively before there before

531
00:54:47.119 --> 00:54:53.920
who doing get school southwarets to goloptoring
schoogle. So we are so das now

532
00:54:54.039 --> 00:54:58.960
that they are so lazy and don't
do anything, and that is really for

533
00:54:59.599 --> 00:55:07.280
us and speak look a look at
the point, Look at the point,

534
00:55:07.159 --> 00:55:12.280
Look at the point. Southwest was
exporting cocoa. That was a problem so

535
00:55:12.599 --> 00:55:17.480
more cocoa prices fell, the Suber's
economy fell, like at every economy in

536
00:55:17.599 --> 00:55:22.559
Nigeria, they wouldn't have the project
complements. Crist Woman had no for rights

537
00:55:22.599 --> 00:55:28.039
to pay for him. But because
by exporting the row mater supposed to say,

538
00:55:28.119 --> 00:55:31.480
don't exp cocoa, export coco powder, Cristy lookal jobs with that,

539
00:55:31.719 --> 00:55:38.159
cuco locally create jobs column from locally. Then export is finished yourself an adjustment

540
00:55:38.320 --> 00:55:44.400
program from being an expert in known
that was exporting Grandmars cocoon. Like you

541
00:55:44.519 --> 00:56:01.360
said that was the good idea of
sud. It's is like expect your policies

542
00:56:01.440 --> 00:56:07.719
are conscious against the purses. I
don't look about because they're not making more

543
00:56:07.960 --> 00:56:13.519
possons. We have leadership in Africa. Where's the gains in three months?

544
00:56:13.519 --> 00:56:19.480
Somewhere you can just go the the
is good going is he's like listen one

545
00:56:19.920 --> 00:56:29.000
there this one first what I mentioned
this over one thousand okain that permination it

546
00:56:29.119 --> 00:56:34.719
would sports. Lets you look up
the experts, experts exports, proper exports,

547
00:56:35.760 --> 00:56:38.480
what was it doing? A good
says with a goody and there's who

548
00:56:38.519 --> 00:56:45.920
have pocumney still have and we are
going back to mon noo afterciations, business

549
00:56:45.159 --> 00:56:51.480
or what you wanted from him,
head them or nothing. But the stars

550
00:56:51.559 --> 00:56:55.840
aren't cant to the masses. So
when they bring these policies like subsidy during

551
00:56:55.920 --> 00:57:06.599
the election, where people are saying
subsidi school, I was just so I

552
00:57:06.599 --> 00:57:23.519
would to get people said standing place. I agree you said when you say

553
00:57:23.559 --> 00:57:32.360
that, why doesn't they ask can
I when you said the well, don't

554
00:57:32.400 --> 00:57:37.840
they at the position not to pay
themselves salaries? Good point that you.

555
00:57:38.239 --> 00:57:42.320
That's not a fantastic point that you
phrased. Why didn't they tell the canon

556
00:57:43.719 --> 00:57:46.920
for fooding themselves salary your men moments? I think I said, excellent point

557
00:57:47.440 --> 00:57:52.320
if you don't mind that, get
edding in. But I've taken the not

558
00:57:52.639 --> 00:58:00.000
of that com Yeah, because yes, I can think one of the bist

559
00:58:00.079 --> 00:58:07.480
probably have en Africa is that we
what's the fun time to get in the

560
00:58:07.559 --> 00:58:13.719
west and limits if you're going to
business schools, in a business school,

561
00:58:13.800 --> 00:58:28.480
there's about policies from g So I'm
also no Afrika if a Frika rights to

562
00:58:28.559 --> 00:58:36.960
become a complicated the Philippines at the
mod and now, when I when I

563
00:58:37.000 --> 00:58:39.480
think about the problem we have got
into, I don't want to see from

564
00:58:39.559 --> 00:58:44.119
the how about review points of you. I don't want to see from my

565
00:58:44.480 --> 00:58:46.559
view point of view. I don't
want to see from Osford point of you.

566
00:58:47.039 --> 00:58:52.440
I don't want to see a problem
from Karmas or those who characterist of

567
00:58:52.599 --> 00:58:59.960
you. What am I saying this? And it's because it has to be.

568
00:59:00.039 --> 00:59:04.199
He tells that somebody is printing this
is of paper. People are printing

569
00:59:04.320 --> 00:59:12.599
papers or creating us some digital numbers
and return for them. They are demanding

570
00:59:13.920 --> 00:59:16.760
threat or resources from musphere. They
are demanding that we sell a product.

571
00:59:17.039 --> 00:59:21.960
There is sheep and they are if
this is of pay man they send us.

572
00:59:22.920 --> 00:59:24.679
So I'm not taking it from the
economic process of it. I'm taking

573
00:59:24.679 --> 00:59:30.519
it from logical sense of it.
Mf get the this is of paper,

574
00:59:30.400 --> 00:59:38.039
bring them or read us some money
and we turn we are selling our resources

575
00:59:39.280 --> 00:59:44.079
very cheap and paying back for that. This is a favor, that's a

576
00:59:45.159 --> 00:59:52.360
that's what the moment most of their
economy is based. They can print as

577
00:59:52.440 --> 00:59:57.760
much paper as they want. The
Europeans can much as they want, and

578
00:59:57.880 --> 01:00:01.519
then it's leaving us give our resources. So from my time, if you

579
01:00:01.599 --> 01:00:08.239
want to try to say invest me, why don't they but give us paper.

580
01:00:09.280 --> 01:00:14.199
Why aren't they give us machine ary
like you guys were talking about your

581
01:00:14.400 --> 01:00:21.400
Jucuta and new brand new machine motive. MA shape is not less A ten

582
01:00:21.719 --> 01:00:27.880
told us to pro produce tale.
And now don't I been in this idea

583
01:00:28.039 --> 01:00:30.760
that when we talk about it,
for example, guys about decision we can

584
01:00:30.960 --> 01:00:36.320
for free, we can, we
can even sell one there are using to

585
01:00:36.480 --> 01:00:40.880
produce sheep product and lest so I'll
have to put the shot the thing.

586
01:00:40.960 --> 01:00:45.920
I'm trying to get us into thinking
that we have to take the last nay.

587
01:00:45.079 --> 01:00:51.159
But I just think that somebody's painting
that this paper I'm giving us,

588
01:00:51.519 --> 01:00:54.880
and we're selling sheep products, and
you think our own products. I want

589
01:00:55.000 --> 01:01:01.480
your exers and pay for that paper. You know. But I hear nobody

590
01:01:01.519 --> 01:01:07.159
has stop stopped us some blue saying
not bad. This is the better trade

591
01:01:07.159 --> 01:01:10.679
than to hide first to harry the
sugar. Nobody has stop us from saying

592
01:01:10.800 --> 01:01:19.920
take a printing presses and track us. Nobody has talked us nobody, okay,

593
01:01:20.679 --> 01:01:30.599
we're not doing That's when this takes
us. Well, it was not

594
01:01:30.800 --> 01:01:37.920
before them, well before them,
Yeah, trying for the fact. Go

595
01:01:38.159 --> 01:01:53.719
to somebody in London, and this
is increasing inflation those policies. Is you

596
01:01:53.840 --> 01:02:20.280
ready inflation goes to dig that's an
issue. Yeah. Again, I'm not

597
01:02:20.440 --> 01:02:23.000
saying that again you have to ask
the question. Came a show that you

598
01:02:23.119 --> 01:02:27.679
can't go to the king and increase
tarists. You know they are showing that

599
01:02:27.840 --> 01:02:34.559
that they won't take it. But
Nigerians in the last the last movie eight

600
01:02:34.679 --> 01:02:37.880
years, price have been growing,
tax, tax, tax, that's vast

601
01:02:37.960 --> 01:02:43.119
part. Everything's got a price.
People are saying, that's pray. Let's

602
01:02:43.159 --> 01:02:47.000
us prayer. You know. So
again you are I'm agreeing with you,

603
01:02:47.239 --> 01:02:52.840
but I'm coming home to say nothing. You are saying this can neither no

604
01:02:52.039 --> 01:02:58.519
country has said or you can't do
will give you machinery for your country has

605
01:02:58.559 --> 01:03:02.159
said that. So I'm clings and
I'm asking why haven't we doing this?

606
01:03:04.119 --> 01:03:09.920
I'm making so I'm talking with yourself. Let me let me just like I

607
01:03:10.079 --> 01:03:16.440
said, why happen? You need
this? Currently needs a consulting, SI

608
01:03:17.400 --> 01:03:22.599
run some projects to do some industry
and I do do you know? You

609
01:03:22.880 --> 01:03:29.559
head? Did you happen? Is
the edge and as far as they curs

610
01:03:29.639 --> 01:03:35.360
cheap because you can't project the camp
find because then the keep on passing off

611
01:03:35.880 --> 01:03:40.519
the energy price is so terrible because
lising, that's not to run the amthing.

612
01:03:42.039 --> 01:03:46.320
You need to tell, you need
to need to, you need to

613
01:03:46.400 --> 01:03:53.239
come to touch take you five years. You have to do some complation that

614
01:03:54.079 --> 01:03:59.840
to create us and for that edge. But if you come like keep for

615
01:04:00.719 --> 01:04:04.480
the price of getting for free in
Nigeria, it's free because of pay,

616
01:04:04.599 --> 01:04:11.920
free is free. If the government
can come to their senses and bring down

617
01:04:11.960 --> 01:04:15.960
the price of energy, let's tell
the saucy let's like I said, have

618
01:04:16.079 --> 01:04:21.159
done that. They can have energy
face pride for so many five years.

619
01:04:21.519 --> 01:04:34.039
Then production but is so complex.
But to avoid this it's too let us

620
01:04:34.119 --> 01:04:42.119
have you chienergy in the area.
We can't get anically chip energy. We

621
01:04:42.199 --> 01:04:48.360
can be speaking and then pray also
doesn't move on to so we have gas

622
01:04:48.639 --> 01:04:53.840
that we're saring. So we have
so much pass in Nigeria that we have

623
01:04:54.119 --> 01:05:02.079
one we said, yes something that
we have expensive at any tank story for

624
01:05:02.119 --> 01:05:06.480
the coming let me get a doctor
there. Yeah, so if you're going

625
01:05:06.519 --> 01:05:15.880
to get cyrus, cyrus, how
may become very well? You think it's

626
01:05:16.039 --> 01:05:21.039
very much conversation. I know I
was on the listener sasion, so let

627
01:05:21.079 --> 01:05:26.599
me join a most checking one of
us. I think the big issue about

628
01:05:26.800 --> 01:05:30.599
I am it's a love to based
on the stand. If it's an international

629
01:05:30.840 --> 01:05:38.920
you know, you know, and
they deal with create facilities usually last results,

630
01:05:38.960 --> 01:05:41.880
but you know, compared to on
the bus, you know, so

631
01:05:42.199 --> 01:05:46.280
they don't know they they found me
when everything that's been broken and something to

632
01:05:46.320 --> 01:05:48.800
say. And that's I mean some
of that comes response to them. I

633
01:05:49.000 --> 01:05:57.760
likedational in getting iron flew on the
iron flow and every other doment that backs

634
01:05:57.800 --> 01:06:02.920
by the way Gay Week issue people
facility these on certain conditions. So now

635
01:06:03.239 --> 01:06:09.119
it's not somethis imposed to you.
You're gonna face down your float. You

636
01:06:09.239 --> 01:06:13.960
have to look at the colisally,
you know, time to public find us.

637
01:06:14.599 --> 01:06:16.519
And I think there's one part A
lot of people are talking aunt here

638
01:06:16.599 --> 01:06:21.519
because you know, when we make
certain station or masera ass option, we

639
01:06:21.639 --> 01:06:27.880
always the fact that they need to
probably find us in certain decisions. You

640
01:06:28.000 --> 01:06:32.599
know, so you given a concessional
low exstle's also look at it tols down

641
01:06:32.760 --> 01:06:36.960
what is you know the insual you
know, this particular economy was the fine

642
01:06:38.039 --> 01:06:45.960
algy popular economy as technology or whatnot. But in Africa here it probably as

643
01:06:45.199 --> 01:06:48.559
you know a lot of people try
to make the exeology, go bake it

644
01:06:48.760 --> 01:06:54.960
in a matter of you know what
not is that we not to manage police

645
01:06:54.960 --> 01:06:58.519
find very well. Most of our
ven news, you know, in terms

646
01:06:58.559 --> 01:07:04.480
of comedy, do not come from
the pos of three, which is an

647
01:07:04.519 --> 01:07:11.960
effect to us starts like you know, people exerting H three or economic activities

648
01:07:12.000 --> 01:07:17.559
and repayments of the government. What's
man about financially is techinly you know,

649
01:07:17.840 --> 01:07:24.480
coming today after the goverment. So
for example in Naga we aud and government

650
01:07:24.599 --> 01:07:28.880
so good. In the US,
it's not like that people are involved in

651
01:07:29.639 --> 01:07:34.440
one chaine of the economy. A
different activity of that becomes to you the

652
01:07:34.519 --> 01:07:40.320
econdists, and then it is exerted
to see a reg government. So we're

653
01:07:40.320 --> 01:07:45.039
gonna be there to be engineer our
our talking for a social way that it

654
01:07:45.239 --> 01:07:51.519
is geared towards productivity, geared to
those trade, geared towards in social traditional

655
01:07:51.559 --> 01:07:57.480
alarms. So we'll take to many
of these, you know comments of companies

656
01:07:57.760 --> 01:08:00.559
that are very very efficient, very
very efficient. I remember when I go

657
01:08:00.760 --> 01:08:11.159
to a game something. Let just
me this last point. I remember a

658
01:08:11.239 --> 01:08:16.399
way to give he tried to raise
about I think the five statehold COMI I'm

659
01:08:16.439 --> 01:08:20.359
probably make him work for about thirty
years, and I think that God lost

660
01:08:20.439 --> 01:08:25.640
in anyway a member of all I
was saying, it was a little better

661
01:08:25.680 --> 01:08:31.359
about there more so you could see
the probably after time from the same because

662
01:08:31.600 --> 01:08:35.479
remember economie about cuts the end of
the day, there's no more to go

663
01:08:35.720 --> 01:08:39.199
out. And if you if,
if, if you do not have the

664
01:08:40.359 --> 01:08:45.079
the right moment, makes of the
economy are okay because you know you is

665
01:08:45.159 --> 01:08:48.720
successible to all of these. Now, what I have really forced many counties

666
01:08:48.800 --> 01:08:55.479
to do if to find their way
to induce spending on the resturgy job.

667
01:08:55.800 --> 01:09:02.119
I'm also increasing when you are to
modicals, but private polization the good you

668
01:09:02.199 --> 01:09:06.279
know, to boost us for the
economy because even if you want to come

669
01:09:06.359 --> 01:09:12.239
to almost every after their conty have
also took about your counter. If there's

670
01:09:12.319 --> 01:09:17.800
no money, you are not gonna
even if you want to move your jersey

671
01:09:18.159 --> 01:09:26.359
to be the mon in charge of
steal in charge of any So I don't

672
01:09:26.439 --> 01:09:31.359
think it's fair to play iron or
anything from that part for that matter.

673
01:09:31.840 --> 01:09:35.479
For they like their own personalities.
If you know, we have charities,

674
01:09:35.479 --> 01:09:41.920
they are county that turn manas now
to see after the country coming to it's

675
01:09:42.039 --> 01:09:46.880
like here China and don't let us, says the complete They also have their

676
01:09:46.920 --> 01:09:51.399
own conditions. They have their own
conditions, many disciplomental passes down conditions.

677
01:09:51.600 --> 01:09:57.840
So I don't think it is faint. That was the visual to money and

678
01:09:58.439 --> 01:10:13.079
find us and we have to engage
and thank you precious, but we can't

679
01:10:13.079 --> 01:10:16.520
believe that I am a positions allowed
the take it or leave it or get

680
01:10:16.560 --> 01:10:20.600
your house in order. There you're
in the composition. Thanks for being here,

681
01:10:20.720 --> 01:10:26.560
sir. You've hearing about I am
connationalities. I didn't help you know,

682
01:10:26.680 --> 01:10:30.399
hurt in Africa. How can you
help us? How they hurt us?

683
01:10:30.439 --> 01:10:39.640
What are comments of the girl?
Why said let him gets welcome to

684
01:10:41.359 --> 01:10:54.079
It's uh, he's a very very
well. So where are you calling it

685
01:10:54.199 --> 01:11:02.479
from? Excellent? You go the
floor. My own contribution to words on

686
01:11:02.600 --> 01:11:12.439
grand desire from the historical aspectis I
would say after the colonials left, After

687
01:11:12.520 --> 01:11:20.439
that they try to bring the instruments
in Africa and then to make sure the

688
01:11:21.319 --> 01:11:31.560
definitely colonized. So when they left, the makeuse our economy on the western

689
01:11:32.359 --> 01:11:40.920
and the menu of the name over
the I am a bank to the Lanize

690
01:11:40.920 --> 01:11:51.239
Africa. We are giving the resources
PRIs if you want now in in Africa

691
01:11:53.560 --> 01:12:20.359
d C. So that in pay
I mean, I know, I mean,

692
01:12:21.560 --> 01:12:25.479
okay, okay, question for you, I mean right now, thank

693
01:12:25.520 --> 01:12:28.920
you, right now, let's speaking
to him to do you have power?

694
01:12:29.039 --> 01:12:44.840
Right man? Power plant in your
house? Who now do you fellow?

695
01:12:44.880 --> 01:12:50.000
False? Of course mm hmm.
I mean the point that you get to

696
01:12:50.079 --> 01:12:57.079
excite mean in the end with your
tax? Are the your tax being that

697
01:12:57.159 --> 01:13:06.199
pop build with your power? It's
your pa. You'll hear your own past.

698
01:13:06.319 --> 01:13:10.319
But paying the government to paint the
power set up? You have no

699
01:13:10.439 --> 01:13:13.520
power in your house. I can't
really blame it. I really play the

700
01:13:13.560 --> 01:13:18.479
government for that. Can't believe a
party for that of pop. Okay,

701
01:13:18.680 --> 01:13:25.880
there no reason why we can blame
the government. Because let's take the answers

702
01:13:26.279 --> 01:13:34.279
as a cast when we made them, Massis said, for answer the brutality

703
01:13:34.479 --> 01:13:40.840
of the police for than the list. What are we having a protest?

704
01:13:40.960 --> 01:13:46.479
You now? What protects? I
don't know? Yes? Before now lesser

705
01:13:46.600 --> 01:13:53.520
to take ninety nights nineteen eighty con
true? Do you know the the exudation

706
01:13:54.359 --> 01:14:14.119
the movements? When improvements would I
moved to the so you see waiting when

707
01:14:14.359 --> 01:14:24.800
keep when they keep the shots?
You have people say and the like today,

708
01:14:28.359 --> 01:14:33.279
all right, we gotta do so
that I M so prepacious. It's

709
01:14:33.359 --> 01:14:38.600
a I've got covers on I m
if you say sometimes conspiracy, I get

710
01:14:38.680 --> 01:14:45.520
that. I mean, you go, it's appreciate shopping doctor, and you

711
01:14:45.560 --> 01:14:50.920
are ready to speak now wasn't going
to It's the acme of doctor very ready

712
01:14:51.000 --> 01:14:57.760
to speak? Or mister, how
are you? Sir? You had meant

713
01:14:58.720 --> 01:15:00.720
something that I am A yeah,
what's a take on this? I mean

714
01:15:00.760 --> 01:15:05.479
it is that I am appy to
call you. But I pointed ended up,

715
01:15:05.840 --> 01:15:11.359
we're not putting to the cause of
the politicians. A part from that

716
01:15:11.640 --> 01:15:15.119
is there a case that I am
happy to blame for africas you should I

717
01:15:15.199 --> 01:15:24.520
when you want basically doing ourselves.
He goes, I'm bullying and I love

718
01:15:24.600 --> 01:15:33.199
the right to the game worth because
and I'm borrowing and working. You know,

719
01:15:33.399 --> 01:15:40.800
I find this so far as iron
man, I am not concoct with

720
01:15:41.359 --> 01:15:55.520
irons South Korea, Singapore, Malasia, Laicia and now even in a we

721
01:15:55.640 --> 01:16:02.079
are very five actual Yeah let them
and there's nobody whose like that I have.

722
01:16:02.680 --> 01:16:06.680
It's not means I have, In
fact I have appally there I actually

723
01:16:06.800 --> 01:16:15.600
go to resources. I am there
that's like a global instriution that which is

724
01:16:15.680 --> 01:16:21.399
the gup between SUSI between it and
district between and the rest. Most of

725
01:16:21.520 --> 01:16:33.119
them first with that level of very
highly improbies economic deficity course always going to

726
01:16:33.239 --> 01:16:36.800
go and borrow, and of course
he goes you cannot go to you're going

727
01:16:36.840 --> 01:16:42.720
to do if you think a lot, it's everything that commercial percent that I

728
01:16:42.800 --> 01:16:45.720
do when you go to both the
carmatic to bring you. But if you

729
01:16:45.760 --> 01:16:47.720
don't want to do your fay,
you can go go go with your problem.

730
01:16:48.079 --> 01:16:54.720
So lament that they but I am
who should look in and ask ourselves

731
01:16:54.760 --> 01:16:59.560
discuss just goes to have the wrong
way in this culture they manage well who

732
01:16:59.680 --> 01:17:03.600
should actually be? Because I alone
word Parlon, how what have you?

733
01:17:04.319 --> 01:17:08.199
I was? I guess on the
writing this, I was this am issue.

734
01:17:08.920 --> 01:17:15.119
Several of our problems come from corrupture
and corruption, from the projecting sions

735
01:17:15.239 --> 01:17:18.279
that call you you are economy starts. It is some that's when I go

736
01:17:18.399 --> 01:17:21.680
to your page. So the pas
you make it everywhere you're right, you

737
01:17:21.800 --> 01:17:26.800
make it. It's so simple that
people of my level as part round with

738
01:17:26.920 --> 01:17:30.039
expence interesting a part of that as
you are supposed to be on your page

739
01:17:30.920 --> 01:17:35.039
learning and then I have to be
talking to those super part leaders to the

740
01:17:35.119 --> 01:17:39.720
apes are using you. I saw
some singles just like you. Most of

741
01:17:40.479 --> 01:17:45.800
everybody is talking to it to leaders. What I makes idea is an economy.

742
01:17:45.960 --> 01:17:49.760
There are two economy, the physical
and the boy said, and what

743
01:17:50.000 --> 01:17:54.520
is the rule of the physical policy? If two policies are yours alp of

744
01:17:54.680 --> 01:18:04.720
mets us to spending using this taxation
to achieved do that impass politically on the

745
01:18:04.760 --> 01:18:09.640
weather of the massive moltary policies that
they are to do with ass of the

746
01:18:10.920 --> 01:18:15.920
podcaster. Where the monetary policies are
Nadia, you will be blittering the pulums

747
01:18:15.920 --> 01:18:20.720
of money. You would have economy
to also is stable financial that'stabulated e CO.

748
01:18:21.119 --> 01:18:27.119
That'stabulation. Now you look at it
from what point you always saying this

749
01:18:28.079 --> 01:18:31.680
Nigeria, he said, very fun
how we put it into if we are

750
01:18:31.760 --> 01:18:36.359
actual chart most of the first that
would be taking from my man from black

751
01:18:36.680 --> 01:18:41.159
ages from back to do what is
supposed has been done in this country this

752
01:18:41.239 --> 01:18:44.720
country by now will be in that
country. But to the global to the

753
01:18:44.800 --> 01:18:49.479
global community as that today look at
I said, they want to podcast listen

754
01:18:49.560 --> 01:18:54.640
if we are continued, I intrage
do the United sibility and the exime of

755
01:18:54.800 --> 01:19:00.239
the interview was to be the last
Satia was like billion. The last who

756
01:19:00.279 --> 01:19:02.960
had got know on that he read
to they who are being stuber and the

757
01:19:03.079 --> 01:19:09.520
cold has over to myself. The
lasts food point to fifty three billion the

758
01:19:09.600 --> 01:19:15.039
last we actually left the world doesn't
becaush now want to in two do it

759
01:19:15.239 --> 01:19:23.560
has tod or that's to do because
they happy on this contry coustoms liberating how

760
01:19:23.640 --> 01:19:28.680
they were their whole the motley or
the highest all ever, how do the

761
01:19:28.760 --> 01:19:33.920
clapping last question? They haven't imports
pulom that year. The last thing is

762
01:19:34.319 --> 01:19:40.520
they did two billion the last.
Now we don't costoms and respect departments that

763
01:19:40.920 --> 01:19:46.760
if and there the fist regius pisi
to depend on who they have to PLEMONI

764
01:19:47.359 --> 01:19:54.439
so they have even INTI through across
of whos have common in this country on

765
01:19:54.600 --> 01:19:59.640
the adverts mostly costs. We don't
know the levels to sixteen period the last

766
01:20:00.079 --> 01:20:10.520
because I look at because they're so
what happened to look at all? And

767
01:20:10.640 --> 01:20:17.680
we gonna asks improve this if the
manager wis well, if we provide solely

768
01:20:17.880 --> 01:20:25.840
have sound complimentary policy physical play in
that year. We have no business and

769
01:20:27.000 --> 01:20:30.560
we have no business with water.
But what are they I raised more funny

770
01:20:30.880 --> 01:20:36.279
as I said, I will see
they said for that to see our frastructure,

771
01:20:36.479 --> 01:20:45.119
we need to this is a meeting
it and look at and people that

772
01:20:45.279 --> 01:20:53.359
look that standing all the Indian's thousand
and seven other way with the word back

773
01:20:54.000 --> 01:21:00.359
this country develops in global fast develo. That clearly the sector said what we

774
01:21:00.520 --> 01:21:06.920
need to do to lose our infrast
decision the level economy that we have the

775
01:21:08.000 --> 01:21:14.079
word do the second world and the
black line was the lasses for hundred bag

776
01:21:14.199 --> 01:21:19.039
document get priment. I'm sure ninety
nine percent of those doverment you grab life

777
01:21:19.199 --> 01:21:26.920
smit for and that government was the
idea a me investments of bred Fiel your

778
01:21:27.079 --> 01:21:32.720
glass over the staty which is four
point four or billion and filure to be

779
01:21:32.840 --> 01:21:38.279
happy. You talk this economy and
physic this is it. In the housing

780
01:21:38.359 --> 01:21:44.039
sect we will speak on most about
sixty six fire never nobody can from the

781
01:21:44.159 --> 01:21:48.039
health sector. We pas sector to
power to what else we know what to

782
01:21:48.159 --> 01:21:55.319
do? We need apples on the
advertis the business investments in floor for the

783
01:21:55.600 --> 01:22:00.840
billion glass and mondyono. You can
look on my sat they go and this

784
01:22:00.000 --> 01:22:05.439
partically a flute. It is not
going to come by the sec unfortune that

785
01:22:05.560 --> 01:22:11.720
happens Acon and their abs of governments. It's not going to be coming from

786
01:22:11.800 --> 01:22:15.960
pricing to loose or passing to share, or going to loose or go into

787
01:22:15.000 --> 01:22:20.920
shop. It's only going to come
through physical and monetary policy in public fast

788
01:22:21.039 --> 01:22:26.960
my DISI play a craatability and transpamacy. My brother, you're did a great

789
01:22:27.079 --> 01:22:30.479
job that I can tell you for
a sure you're real. That's basic to

790
01:22:30.600 --> 01:22:34.199
that spacing. But who understands who
want to understand basic econolices, Who wants

791
01:22:34.319 --> 01:22:39.640
understand high ecologies? And who wants
the full lane? It was God at

792
01:22:39.640 --> 01:22:42.800
the end of the day. And
if it's when they come back to have

793
01:22:42.880 --> 01:22:45.319
people listen the fact that's supposed to
live. Have we finished adustice? They

794
01:22:45.479 --> 01:22:49.920
usiglit among themselves and they begin to
debate hap to ofcause we know in that

795
01:22:50.039 --> 01:22:57.840
area political office and political office do
not see call to serve. I said

796
01:22:58.000 --> 01:23:03.319
this relate I'm pumising as the exciting
fantasis. Then as it maine to look

797
01:23:03.960 --> 01:23:10.000
to see and the fire stay out
and down this you know, sometimes as

798
01:23:10.199 --> 01:23:13.520
when I say I give us money
or when I say what I forgot that

799
01:23:13.680 --> 01:23:16.640
they I do even know that this
moe is a good different that the way

800
01:23:18.760 --> 01:23:21.600
what they give us them. He
didn't know what they give us. You

801
01:23:21.720 --> 01:23:29.800
didn't know that. I think it's
another form I see this would be I

802
01:23:29.960 --> 01:23:33.079
see that because it does not make
taste to me. You do as a

803
01:23:33.199 --> 01:23:39.159
person, Where are your prefrom?
Because the one I just think you can't

804
01:23:39.239 --> 01:23:43.439
not in the family. You know, somebody give you money will force you

805
01:23:43.520 --> 01:23:48.960
know in my violage where you have
any responsible storm who always that this work

806
01:23:49.039 --> 01:23:56.840
people doing improvised? It was a
fool infensive getting something that has stay it

807
01:23:56.920 --> 01:24:02.000
possible get into money and then thin
that that try discovery reverses as listener,

808
01:24:02.720 --> 01:24:08.560
it's called on the head. When
I ended up in pompolishing the rest of

809
01:24:08.640 --> 01:24:14.119
the sty it is they who FEUs. Then I aver because I see so

810
01:24:14.319 --> 01:24:25.560
sad. I saw afrik South Kootias
from South Kolia in ninety seventy who's two

811
01:24:25.600 --> 01:24:30.920
days SuDS Kodia. It's catching going
for this is Africa. Listen still,

812
01:24:30.279 --> 01:24:33.159
how do you see them get out
there? That's for dogs And I'll be

813
01:24:33.199 --> 01:24:42.119
willing who who works this day for
a figure had leave off this day.

814
01:24:42.880 --> 01:24:47.000
It's that year has leaves on the
expotations. Who having all this Russia Africa

815
01:24:47.119 --> 01:24:53.479
from it? Im from this triangle, dude, when our field Africa,

816
01:24:53.720 --> 01:24:59.039
when our father was I'm the call
fake. I learned the problem what may

817
01:24:59.119 --> 01:25:17.119
what the problem? That business?
This is how did so? And then

818
01:25:19.399 --> 01:25:31.880
I'm thank you always a pleasure having
a big fact and passion. And we

819
01:25:32.039 --> 01:25:35.279
actually when you came and when you
leave, you gave us a lot of

820
01:25:35.800 --> 01:25:41.800
So I pretty a chilly here I
see olet you a rise. I've shared

821
01:25:41.880 --> 01:25:46.920
it. If you can please jump
onund listen to it is very very was

822
01:25:47.039 --> 01:25:55.359
very like happyple you. I was
comments by John and that yeah, just

823
01:25:57.319 --> 01:26:08.840
doing the first uh aligned with were
oil prices correct? That was the correct

824
01:26:12.680 --> 01:26:24.399
def correctly have the oil boom.
Yeah, we had the oil boat.

825
01:26:24.720 --> 01:26:29.199
After we had the injury war with
oil went in private. That was a

826
01:26:29.319 --> 01:26:33.039
lot of money. Also, we
increase salaries, we increased spending. Then

827
01:26:33.439 --> 01:26:39.279
oil prices crashed. We had a
deficit. It's all of Nigeria to don

828
01:26:39.319 --> 01:26:45.359
the sending deficitsis simply went and borrowed
to maintain the lifestyle. Is frank,

829
01:26:46.399 --> 01:27:01.680
welcome to the bast hellos. Let's
speak frank now all right, let me

830
01:27:01.760 --> 01:27:06.319
get but that was that was the
when I'm making. When we spent,

831
01:27:06.720 --> 01:27:12.840
we had high oil prices, most
oil prices po down nineteen that did not

832
01:27:13.000 --> 01:27:16.920
adjust. Instead of for us to
stop the spending, we simply borrow to

833
01:27:17.079 --> 01:27:20.600
spend. It got to the point
that you had no money to go to

834
01:27:20.600 --> 01:27:25.600
pay for imports, which is why
we have to didn't go to the ad

835
01:27:28.159 --> 01:27:53.840
came well comes this belief because and
I think people understand to take effen in

836
01:27:53.960 --> 01:28:06.479
our inta s general, I didn't
try. I think can go on.

837
01:28:09.239 --> 01:28:15.439
We had this nothing of the plans, yeah from you know City Nigeria had

838
01:28:15.479 --> 01:28:21.159
the Bland plans, Yes, we
had it from nineteen sixty wesh plans,

839
01:28:23.720 --> 01:28:27.439
go one had nothing plan. It
was a world that want to create.

840
01:28:27.520 --> 01:28:30.960
If you made those plans, that's
why you see them saying bills, universities,

841
01:28:30.000 --> 01:28:32.800
bills go from here, Goggle,
go Google. It is very very

842
01:28:32.880 --> 01:28:40.079
detailed because there was a plan to
develop Nigeria consul as a framework even before

843
01:28:40.199 --> 01:28:44.399
NINETEA and nineteen sixty. If you
can go and google the master plan for

844
01:28:44.680 --> 01:28:48.560
Northern Nigeria, for Eastern Nigeria,
for Western Nigeria. This is a detailed

845
01:28:48.600 --> 01:28:54.560
plan. Not had a plan to
contact the entire or one entire of all

846
01:28:54.640 --> 01:28:59.359
what you see people of Niger,
it's not Nigeria. They had a plan

847
01:28:59.680 --> 01:29:03.000
to fun that place into region.
I would not deal with imports of the

848
01:29:03.319 --> 01:29:11.920
exports. They had agro allied,
agricultural equal slightly petureion industries all stot up

849
01:29:11.960 --> 01:29:16.520
in that place. You export mo
finished styles, belief, all that thought

850
01:29:16.680 --> 01:29:20.399
was all in the planet. This
so before as you had independence, they

851
01:29:20.479 --> 01:29:25.640
had the plan written back to the
British, they were start to implement it,

852
01:29:26.560 --> 01:29:30.079
implemented then crudel king. That wasn't
the issue, but the real issue

853
01:29:30.199 --> 01:29:35.760
was this fiscal peralism. Typically the
tax powers from the states to the federal

854
01:29:35.880 --> 01:29:42.319
That took the incentive of states to
actually have an economy. States don't taxonize

855
01:29:42.359 --> 01:29:47.159
you a living. Federals collect all
the parties that distribute the incentive. Or

856
01:29:47.159 --> 01:29:51.960
it'st by canoe to have Granmar pyramids
whenever they go to the federal and they're

857
01:29:51.960 --> 01:30:00.399
going to be shared across the federation. That's what we have. Bro that

858
01:30:00.720 --> 01:30:10.199
was technically start and sort of targeted
and economic there is always interesting so you

859
01:30:10.319 --> 01:30:16.720
can't it's attached. We're playing want
to keep on as well as inducation.

860
01:30:16.880 --> 01:30:20.720
In a version of Commons, you
can't. You shall have a plan for

861
01:30:20.800 --> 01:30:27.760
that. Money agrees and resolutions and
we sure seeing now shots spends any stops

862
01:30:28.000 --> 01:30:31.119
inefficiency markets. You're playing your kidding, but you're kicking the ball down the

863
01:30:31.199 --> 01:30:34.640
world and your version respect for us. It doesn't create it doesn't create any

864
01:30:34.640 --> 01:30:41.000
productivity games. It's also stay.
Yeah, it makes maybe exactly, but

865
01:30:41.119 --> 01:30:45.880
I even say that that's that's amazing. I was like, I don't have

866
01:30:45.079 --> 01:30:51.640
this both trying to like was sticking
to a plant, but about half the

867
01:30:51.680 --> 01:30:59.000
plan. Don't steak into a long
plan that ending elucy. I'm not wanting

868
01:30:59.000 --> 01:31:04.039
to just go through paying for point
decisions or natural micro facts. That is

869
01:31:04.159 --> 01:31:08.640
kind of like a continue oil price
crash was an excetality. The effect of

870
01:31:08.720 --> 01:31:13.079
the country no way to go through
the pain and wanting to try a frog

871
01:31:13.640 --> 01:31:18.039
hope your problems to your own designs
around that decision. This is actually where

872
01:31:18.439 --> 01:31:21.920
we're falling short. And a lot
of think countries goes to the city and

873
01:31:23.119 --> 01:31:27.840
maybe because he ties into politicians want
to make sure they stay for re election

874
01:31:28.399 --> 01:31:32.119
or even that a lot of countries
such as back since the eighties. So

875
01:31:32.680 --> 01:31:38.760
maybe that's that we're going to have
a discussion. But no, no,

876
01:31:39.079 --> 01:31:45.079
no taking these catch shows with no
plan, no actual real plan to development

877
01:31:45.159 --> 01:31:57.079
on me. But the fact is
probably you have been able to speak well,

878
01:31:57.199 --> 01:32:03.720
yes, a problem, you know. Fantastic. Thank you so much

879
01:32:04.199 --> 01:32:09.399
everyone. I mean this, I've
just stumbled into this, into the space,

880
01:32:10.079 --> 01:32:12.640
and I'm really really happy. Thank
you so much for the work you

881
01:32:12.720 --> 01:32:15.479
do. I mean, I follow
you on to that, and I follow

882
01:32:15.239 --> 01:32:23.600
your commentries, the positions that you
push anything like brother doctor Bary said,

883
01:32:24.079 --> 01:32:26.960
I mean, I like the simplicity
and the way you just bring me down,

884
01:32:27.039 --> 01:32:30.960
but regretted it again. I don't
amplimented and put this lamentation about the

885
01:32:32.199 --> 01:32:39.239
kinds of people that sometimes being such
irritating and there's asperating comments over things and

886
01:32:39.319 --> 01:32:44.600
that so so simple or similarly so
siple because they don't understand the leg those

887
01:32:44.640 --> 01:32:48.600
issues and changing of people. Now
I'm going to just the last speaker from

888
01:32:48.640 --> 01:32:54.760
the last few speakers, to my
mind, have largely touched upon to say,

889
01:32:55.279 --> 01:32:59.039
I'm just stand by. I put
this in perspective. Question you asked

890
01:32:59.119 --> 01:33:03.640
me, Jeeves, is iron helping
pert in Africa, and I'm saying I

891
01:33:03.760 --> 01:33:11.359
don't put any blame on IMF put
the blame on Ward Bank. I cannot

892
01:33:11.880 --> 01:33:17.960
n blame when the latter or persons
usually end Upward in their relationship with Africa

893
01:33:18.239 --> 01:33:26.079
or with Laura in Asia. That's
no business like me, it's not very

894
01:33:26.159 --> 01:33:30.960
much interested in com development. I
have a a privilege of my office and

895
01:33:30.399 --> 01:33:35.560
to share. I'm an experienced part. When President Passenger was looking for the

896
01:33:36.000 --> 01:33:44.840
leaf between two thousand and three and
two thousand and six when there was a

897
01:33:44.920 --> 01:33:49.439
brief to help guests get to leave
and then also tail her death in the

898
01:33:49.520 --> 01:33:55.840
resting share. A lot of you
are aware of this, President Bush of

899
01:33:55.880 --> 01:34:00.000
the United States, what's the big
player that America never saw us the dead

900
01:34:00.239 --> 01:34:08.600
to push for death? Really the
said, no, that's right, we're

901
01:34:08.760 --> 01:34:15.399
cured for specifics. And that's the
fact that out of control was the because

902
01:34:15.439 --> 01:34:21.159
of corruption and to keep the deaths
of people the courage corruption he refused,

903
01:34:23.920 --> 01:34:31.920
and instance it was the lord of
blow and the parent's law again because of

904
01:34:33.119 --> 01:34:39.319
it. On this that among the
Passenger, people like Obviasquity, people like

905
01:34:39.920 --> 01:34:46.159
Google Jowler and they need the quality
the papinented ben quality that they would see

906
01:34:46.520 --> 01:34:53.880
very consulting efforts to be performed.
And so it's supported and less supported,

907
01:34:54.199 --> 01:34:59.159
the Chancellor College supported, and the
French recovernment at the times supported and all

908
01:34:59.199 --> 01:35:03.039
that that by little multiple positions around
the world. And that is why I

909
01:35:03.079 --> 01:35:09.920
needed to come look badly, are
sick. That's the we're wrong to put

910
01:35:09.920 --> 01:35:14.039
you the Parican government right, because
if you look at it today, that

911
01:35:14.279 --> 01:35:19.319
ilief not to relate the fact that
there was a leadership and the team not

912
01:35:19.520 --> 01:35:26.279
understood what it actually don't applying themselves
in your religious people. You really need

913
01:35:26.319 --> 01:35:30.199
the difference that was made at the
time, creating as from account which was

914
01:35:30.279 --> 01:35:42.760
eventually read there you rediate to this
day made you feel for and does not

915
01:35:43.000 --> 01:35:54.880
exist an isolation. There are rules
and revelations that government, global government consistently

916
01:35:55.359 --> 01:36:04.960
not worth consistently good. All right, it is the day and there's nothing

917
01:36:05.520 --> 01:36:12.600
our president conduct or the conduct of
our governments in shows that we understand that

918
01:36:12.720 --> 01:36:15.840
we want to say result spudit for
the close the choices that we make as

919
01:36:15.880 --> 01:36:24.960
a country and as a people.
Listen and in this not many people.

920
01:36:25.079 --> 01:36:28.399
I don't know what a tad people
here, but I would just take out

921
01:36:28.399 --> 01:36:30.840
of mynds back there was a time
in this country when it static. Leader

922
01:36:31.000 --> 01:36:35.920
seventies said the Nigeria's problem wasn't what
I would spend it, and how did

923
01:36:35.960 --> 01:36:40.399
we choose to spend it? We
chose to spend it by inviting the old

924
01:36:40.479 --> 01:36:53.840
commands who adverse it, you know, but in our nation invited. That's

925
01:36:53.880 --> 01:36:58.359
why we chose to spend the money. And since then we've had a cycicle.

926
01:36:58.720 --> 01:37:08.319
You know, I'm based on a
rising the right war onto. Since

927
01:37:08.399 --> 01:37:13.840
then, what have we learned?
What have we done? As I've said,

928
01:37:13.880 --> 01:37:18.000
and I said, it's a seams
of looting and looting and looting and

929
01:37:18.119 --> 01:37:23.159
ustart living somewhere else. That was
quite believing. Colonia business Man is a

930
01:37:23.640 --> 01:37:27.159
No. These guys have been gone
for over sixty years. In some cases

931
01:37:27.840 --> 01:37:31.199
we felt without people have been in
charge. But it is not the fault

932
01:37:31.279 --> 01:37:34.520
that we don't have to discipline.
It's not that choice. It's not a

933
01:37:34.600 --> 01:37:41.479
fault that you're on hit to understanding
because I make the right leadership choices that

934
01:37:41.640 --> 01:37:45.960
were people to remain on the bath
of progress. No, we cannot give

935
01:37:45.000 --> 01:37:51.159
the fault. We cannot be good
questions see this so to me all the

936
01:37:51.239 --> 01:37:57.359
companies that have made progress cloally,
No, that's miss progressed by accident.

937
01:37:59.439 --> 01:38:05.199
It is through it is this pross
has been the product of very dis leadership.

938
01:38:06.119 --> 01:38:12.520
It's you know, it's of lightense
of change. This name is it's

939
01:38:13.000 --> 01:38:24.960
this progress made on account of ancism
or majiocrity or religious excreasy. It's no.

940
01:38:25.840 --> 01:38:30.760
This this progress around the world has
been made on the leadership of individuals

941
01:38:30.920 --> 01:38:35.159
who will concerned the place of the
countries on that this son, this son,

942
01:38:35.640 --> 01:38:41.800
and today this progress wholly continued made
when I'm on an interview business now

943
01:38:41.920 --> 01:38:45.319
it's only look good in business.
But it's only family basis. It's only

944
01:38:45.359 --> 01:38:48.199
a country basis, or it continued
to basis, it's going on the basis

945
01:38:48.600 --> 01:38:55.479
of discipline and disapline the vitality there
for like the girl whose pictures of the

946
01:38:55.520 --> 01:39:11.479
world has to speak need the reference
to those development plans that was crafted see

947
01:39:14.640 --> 01:39:30.600
in Western people. So please,
that's so true that I mean I made

948
01:39:30.640 --> 01:39:35.520
this points over against I'm gonna mention
this answer that Nigeria, if you go

949
01:39:35.640 --> 01:39:40.600
back and look at the plants that
were created in the region of the regions,

950
01:39:40.640 --> 01:39:45.039
the detail we create power to employ
people are going to use the natural

951
01:39:45.119 --> 01:39:50.960
resources for this region to grow jobs, create wealth. It was then built

952
01:39:51.000 --> 01:39:59.520
by Nigerians and we actually did it
absolutely. The question is this right?

953
01:40:00.079 --> 01:40:03.520
So why is it that I see
you following up to that? Like I

954
01:40:03.560 --> 01:40:08.159
said, I know where your address
are, I know assess your asking and

955
01:40:08.199 --> 01:40:13.079
everything is there is there very good
to see. But look, you know

956
01:40:13.239 --> 01:40:15.800
I mean not doing the personal license. I'm not going to get this specific

957
01:40:15.920 --> 01:40:20.680
reference. But let me say something. There was a time at the second

958
01:40:21.039 --> 01:40:29.319
terms I am the first of this
bilateral restitution of transitions were actually got to

959
01:40:29.560 --> 01:40:35.640
a close and it seems like no, what you need it because we are

960
01:40:35.720 --> 01:40:45.720
sure that through careful and disciplay management
of polic nature, we could guide the

961
01:40:45.880 --> 01:40:50.279
nation to the path on the path
recovery and the nateral indeed recover. And

962
01:40:50.399 --> 01:40:58.840
I'm so close put to the party
saying so much which was splandid within how

963
01:40:58.920 --> 01:41:05.720
many years complete on accountest and this
the mania continues today as to any period

964
01:41:05.720 --> 01:41:13.039
of prosperity. We are not.
We are not. We are not.

965
01:41:14.039 --> 01:41:19.000
And so you're asking yourself what a
man of leadership who is so unmindful and

966
01:41:19.239 --> 01:41:26.239
oblivious to everyday to be on the
pass a continuity. Look at this national

967
01:41:26.279 --> 01:41:34.920
asking for goudness, say happen and
in actions are fact in the nation and

968
01:41:35.279 --> 01:41:42.279
don't get you as as as as
as politically listen, what is the difficulty

969
01:41:42.399 --> 01:41:45.159
understanding it? Do you listen to
that? All listenerious people? Excuse me,

970
01:41:45.279 --> 01:41:49.359
but I'm really getting that right now? Do there some people understand what

971
01:41:50.840 --> 01:41:56.960
you say? Practice about what national
look is? Do you really want this

972
01:41:57.159 --> 01:42:06.399
sad? You saw also that man
on on channels. What's asking the people?

973
01:42:06.920 --> 01:42:11.880
Still you listen to? Have you
listened to that? Have you listened

974
01:42:11.880 --> 01:42:15.119
to the study president? Have you
listened to you? Have you listened to

975
01:42:15.279 --> 01:42:19.159
others? Because of conversational technique to
the madery at this time is where we

976
01:42:19.279 --> 01:42:33.680
are in mission? Anybody speaking.
I was dating I think executive participants for

977
01:42:33.800 --> 01:42:39.399
the games and I've made this statement
a state and he was listening. And

978
01:42:39.640 --> 01:42:45.760
first problems the policy problem, because
as you have when it's from forties,

979
01:42:45.000 --> 01:42:50.119
fifties, sixties, SCE, you
name it, we've had with policy almost

980
01:42:50.119 --> 01:42:57.479
about everything on the sun. It's
not it's not a policy problem. There's

981
01:42:57.520 --> 01:43:00.199
nothing I want things today that we
don't already have. All we need to

982
01:43:00.279 --> 01:43:05.479
need to take it find the people
with the charcastity and pray for them to

983
01:43:05.600 --> 01:43:12.560
have the discipline of me to to
to bestution. It is a problem.

984
01:43:12.800 --> 01:43:15.760
It's a leadership. So I'm gonna
go take more time because people have spoken

985
01:43:15.840 --> 01:43:19.479
at lens and I think I'm basically
gust really for stage asking today. It's

986
01:43:19.520 --> 01:43:25.720
a leadership challenge in Africa. It's
a leadership challenge. It's not being challenge.

987
01:43:25.720 --> 01:43:29.039
I don't blame the US, don't
blame the West. Don then anyway,

988
01:43:29.359 --> 01:43:39.439
because I read around whatever we are
about this conversation with no one has

989
01:43:39.760 --> 01:43:45.319
tooken out from the solution for the
problem. We are walking around the problem.

990
01:43:45.399 --> 01:43:51.039
Size on everything that position and that
is in Africa. Okay, that's

991
01:43:51.079 --> 01:43:57.039
a tell you what probably have a
lesson, you know, I mean,

992
01:43:57.119 --> 01:44:02.399
I haven't a problem. We're not
a problem. So what I'm concerned about

993
01:44:05.640 --> 01:44:12.640
id one life to this conversation.
I'll lift your conversation and I go back

994
01:44:12.720 --> 01:44:20.680
and where or attribute when I wrote, and we're looking up deciding online the

995
01:44:20.760 --> 01:44:27.119
problem. But it's okay with that, which is agree you know, in

996
01:44:27.199 --> 01:44:31.279
a prestival whenever respectful agree with you. And so I'm the cost business right

997
01:44:31.840 --> 01:44:39.279
every country you have a national leadership, right, the government in places?

998
01:44:39.359 --> 01:44:42.840
The government in place? All right, But as a citizen, what would

999
01:44:42.880 --> 01:44:45.640
you have? What? What?
What life? Is my role? My

1000
01:44:45.880 --> 01:44:48.399
role of that circumstance is to be
a goal system. What does he need

1001
01:44:48.439 --> 01:44:51.840
to be a good citizen. I
like to feel my sailing judis and americanstabilities.

1002
01:44:53.239 --> 01:44:57.840
I'll like to be able to hold
the government accountable. Right and when

1003
01:44:57.880 --> 01:45:01.199
you speak, if you have anywhere, so somehow we're gonna be a good

1004
01:45:01.279 --> 01:45:04.680
season. These are retution so that
we can speak for you. But we

1005
01:45:04.800 --> 01:45:09.760
have in coming. Thank you,
thank you, thank you, thank you.

1006
01:45:10.520 --> 01:45:15.239
I want to space when I'm not
craziz. That's I'm want to face

1007
01:45:15.479 --> 01:45:20.000
contro motly better for the nation that
I'm on the space. Yeah, okay,

1008
01:45:20.560 --> 01:45:25.680
good see you said, but you
can't if you didn't call you up,

1009
01:45:25.680 --> 01:45:28.439
you will have to speak. So
are you You've been called up?

1010
01:45:28.640 --> 01:45:33.760
Go ahead. So that's the way
I promised value. That's praising this space.

1011
01:45:34.239 --> 01:45:38.159
That's what I'm going to do for
the creation of the space. Pass

1012
01:45:38.239 --> 01:45:44.920
the great practice. I'm okay o
destroyed the roping nation. You go bes

1013
01:45:44.960 --> 01:45:53.640
of INRS. You can't used there
without this function and could help the amation

1014
01:45:53.920 --> 01:45:58.399
on thinking that the development I was
going on. But now I don't want

1015
01:45:58.399 --> 01:46:00.560
to do that. I was interesting, it's okay that yeah, but I

1016
01:46:00.560 --> 01:46:06.279
don't think that's not saying don't do
that? Who end up? Now let's

1017
01:46:06.319 --> 01:46:12.720
look at you have nations. The
heading I think we should implement in this

1018
01:46:12.840 --> 01:46:19.199
contract all is speaking about his education. We don't tally forget that's the nation

1019
01:46:19.439 --> 01:46:26.239
to grow then in need for astound
the development of education, which the UNS

1020
01:46:26.560 --> 01:46:30.279
was striking. And remember a couple
of years back, whereas it doesn't even

1021
01:46:30.279 --> 01:46:33.319
every increasing. Yeah, yeah,
that's a jama. I couldn't ere his

1022
01:46:33.399 --> 01:46:39.600
composition was fright, that's a jama
in it's like in sense to that man,

1023
01:46:39.960 --> 01:46:45.239
I'm an educationist. That's about I
was a shared over gone. I'm

1024
01:46:45.319 --> 01:46:49.000
like, wow, really that's what. There's nothing else because because again happy

1025
01:46:49.920 --> 01:46:55.960
taking down the points even get the
lar human ability and that hours of shouting

1026
01:46:56.760 --> 01:47:00.840
that feels the education the red the
new point for anybody. Alswer Gama is

1027
01:47:00.079 --> 01:47:09.159
looking like and yes it's the problem. It matters legal and I can't say

1028
01:47:09.239 --> 01:47:15.439
this. And they got to this
guy the best in every area of education.

1029
01:47:15.520 --> 01:47:20.479
Also of the inpos here everybody has
out of the bats in it.

1030
01:47:23.359 --> 01:47:31.680
Do you go to the average in
anything where you said, I got of

1031
01:47:31.760 --> 01:47:36.159
the I am ambers of the problem
and translation is normally making and it's all

1032
01:47:36.439 --> 01:47:45.680
true and don't think that good and
everything about the structural forget this says one

1033
01:47:45.720 --> 01:47:50.600
of the slots important. Okay,
sea and okay, everybody educated. Medication

1034
01:47:50.840 --> 01:47:57.680
is not about four more. I
am recording was in program invest action plan.

1035
01:47:58.039 --> 01:48:01.680
We don't really need to system go
down. They did me. So

1036
01:48:01.800 --> 01:48:10.039
many killing people want right now you're
educating after here right now on so many

1037
01:48:10.119 --> 01:48:16.560
issues, and they that is the
trend that I realized that acasta, I

1038
01:48:16.640 --> 01:48:23.640
have a stuff that I never stop. Realized that the estates and had to

1039
01:48:23.760 --> 01:48:31.479
purpose that from forward from naturalizing and
we asked the tenders of African country.

1040
01:48:31.920 --> 01:48:38.039
All do is content I we colonized
because all the doom that I was aware

1041
01:48:38.319 --> 01:48:49.359
slavery there the different life sense if
we're in that ship myself to shaming all

1042
01:48:49.479 --> 01:49:08.199
that live the interests I remember,
I know the level. Just to go

1043
01:49:08.319 --> 01:49:15.000
back to the king issue. So
the essentially saying that their petitions they protected

1044
01:49:15.159 --> 01:49:23.000
before the bill was passed. They
give points points debates party that leaders per

1045
01:49:23.079 --> 01:49:28.199
said you can't sign this sign this
passing those points happens caught down your own

1046
01:49:28.239 --> 01:49:58.039
expenses points and then relaership listening to
them the afric like okay, okay,

1047
01:50:03.279 --> 01:50:15.199
what are these? What the salary? This sid this salary, I think

1048
01:50:15.239 --> 01:50:24.000
you've got to let's talk about these
salaries of the m MPs are higher than

1049
01:50:24.159 --> 01:50:30.840
any country on earth by capital party. Can why didn't they reduce their salaries

1050
01:50:30.000 --> 01:50:33.039
when they increased taxes? They didn't
do that? Can they do that?

1051
01:50:44.279 --> 01:51:14.079
Carriers? So what you're saying is
that So what you're saying is that what

1052
01:51:14.159 --> 01:51:20.119
you're saying is that Kenyan politicians invested
to serve the people by the by demanding

1053
01:51:20.159 --> 01:51:38.720
the highest salaries on earth. Let
me repeat myself to say I'm not being

1054
01:51:38.760 --> 01:51:45.079
misquoted. If you google it a
capital a GP, the Kena empties are

1055
01:51:45.159 --> 01:52:00.039
the highest place empties. So what
you are doing, I don't look that

1056
01:52:00.319 --> 01:52:14.359
from the reason why I mean to
find anybody anyone I have to do legistis

1057
01:52:15.000 --> 01:52:20.000
I think it's education very good.
I agree with that. You you have

1058
01:52:20.680 --> 01:52:32.439
maybe a minit to saf you don't
mind for the right and tell me that

1059
01:52:33.479 --> 01:52:48.119
young original I am ready to get
them. Yes, and what you done

1060
01:52:50.359 --> 01:53:40.960
perfectly. Everybody everything all right,
God, just because an argument is because

1061
01:53:41.079 --> 01:53:46.399
you are the Christy asking people to
protests on what you think it's might to

1062
01:53:46.479 --> 01:53:56.560
protest. Nobody tends to tell anyone
what is for. It's called it the

1063
01:53:57.079 --> 01:54:05.960
crazy because everybody went towards you can
peacefully worked for you work for your government.

1064
01:54:06.560 --> 01:54:16.079
I'm never getting you. You can
like you for the foodlotes. On

1065
01:54:16.239 --> 01:54:23.199
the last speaker's comments, I was
getting a bit worried about the prescipation.

1066
01:54:24.159 --> 01:54:35.039
Thank you. The first wanted to
speak was when the legality and I don't

1067
01:54:35.159 --> 01:54:41.399
think that it's really balanced to that
conversation, and I believe a lot of

1068
01:54:41.479 --> 01:54:49.720
everyday that I just if youse those
to that. Now the problem and I've

1069
01:54:49.800 --> 01:55:03.199
studying coloniality strategic studies, gloom.
The problem is not not the good.

1070
01:55:05.279 --> 01:55:14.920
I'm not an international not a doubt. The problem is how leadership has engaged

1071
01:55:15.319 --> 01:55:24.000
with these institutions and engaged with the
domatics constances to build a nation. And

1072
01:55:24.680 --> 01:55:30.960
this is not all that cross.
You know, they cannot at least contests

1073
01:55:30.039 --> 01:55:35.119
that we require that you have to
do. People become on me is what

1074
01:55:35.399 --> 01:55:41.159
is lacking? Like like what you
have said, the very say nobly that's

1075
01:55:41.199 --> 01:55:48.279
so essentially, do not understand craft. And if you're not to say craft

1076
01:55:49.000 --> 01:55:54.840
in the time, how you deal
with what is it? Yes? What

1077
01:55:55.039 --> 01:56:01.520
is the examples of context? This
is your statistic ex termines? How even

1078
01:56:01.680 --> 01:56:14.479
you whether we in West Africa for
sank did you West Africa? What role

1079
01:56:14.560 --> 01:56:26.680
does leg play in a game between
energy Western world scrap? If that means

1080
01:56:27.239 --> 01:56:34.279
how you struct problem? Basically how
you structure the country? You know?

1081
01:56:34.560 --> 01:56:41.439
So if you look back at this
and called didyl osperity, this happened to

1082
01:56:41.760 --> 01:56:50.199
govern us and tell me what subject
stupid and not polically we leave more or

1083
01:56:50.439 --> 01:56:59.920
the recaclary for also us and we
can come I said the time this is

1084
01:57:00.039 --> 01:57:03.119
so this no, they is for
a reason. If you don't have the

1085
01:57:03.319 --> 01:57:08.359
need to borrow money, then we
cannot tell you what conditions or has to

1086
01:57:08.399 --> 01:57:14.479
put your column. But we run, you know, and then we scream

1087
01:57:14.600 --> 01:57:16.760
at their conditions. So that that's
the problem. So I can look by

1088
01:57:16.880 --> 01:57:27.359
seeing that if if your house is
in discorder, you can't really blame the

1089
01:57:27.600 --> 01:57:31.359
snliness outside of your case for the
problem you have in house. Or to

1090
01:57:31.359 --> 01:57:38.439
begin to think stays have to begin
to think tibut to people who are running

1091
01:57:38.600 --> 01:57:48.159
our affairts like what is happening here? Heres? Like you you know that

1092
01:57:48.239 --> 01:58:02.119
you cannot do you want people,
if you will want to be we to

1093
01:58:02.279 --> 01:58:10.720
sacrifice me to serious man that people
run your initials. You can't blame anyone.

1094
01:58:11.039 --> 01:58:15.720
Thank you, sir, Thank you, sir. Thanks listening, Zacha

1095
01:58:17.760 --> 01:58:25.640
exactly where you're coming from. I'm
coming from your excellent You've got the floor

1096
01:58:25.760 --> 01:58:31.520
go for all right. First,
I want to thank you. Understand that

1097
01:58:32.199 --> 01:58:41.880
I'm getting myself on the economics.
Thanks to you for this. I want

1098
01:58:41.960 --> 01:58:51.399
to point this week problem. It's
who would not have anybody to problem?

1099
01:58:53.960 --> 01:59:04.840
Prom is just we get this loan, mismanage it and we have to live.

1100
01:59:05.000 --> 01:59:10.720
Take them of the room. Then
the people that are supposed to speak

1101
01:59:10.760 --> 01:59:15.279
out, they don't steak out,
and at the end blame the people that

1102
01:59:15.319 --> 01:59:20.039
are we to get this all.
I don't know if you're that so they

1103
01:59:20.199 --> 01:59:27.359
take class. Solution is we as
a people have to speak up. We

1104
01:59:27.520 --> 01:59:30.720
have to speak of to our leaders. We have to speak of a come

1105
01:59:30.800 --> 01:59:36.199
from the solution assets. I I
don't want to blame oh if I am,

1106
01:59:36.439 --> 01:59:41.520
because clear leaders to bi them.
You come to if if you come

1107
01:59:41.560 --> 01:59:44.319
to anyone to take a look,
if you have to live with your friends,

1108
01:59:45.600 --> 01:59:50.159
they are bigness their money making organizations. So if you go the responsibility

1109
01:59:50.279 --> 01:59:56.399
to tell you how to make use
of your money, that would like that

1110
01:59:57.520 --> 02:00:00.840
interests so they give you, get
them to put them it just in a

1111
02:00:00.920 --> 02:00:04.199
way get their money back. So
I believe this is two points I want

1112
02:00:04.279 --> 02:00:12.279
to look is what we as people
need to understand. That's one the leaders

1113
02:00:12.359 --> 02:00:16.439
are to make decisions on our behalf
and we have to put them in order.

1114
02:00:16.600 --> 02:00:20.159
We have to correct them. I
like what sched that people are doing.

1115
02:00:21.239 --> 02:00:26.359
Seriously, I like what they are
doing. This is a decime.

1116
02:00:26.960 --> 02:00:31.279
No, no, it's time for
people to write to leaders and helping this.

1117
02:00:31.600 --> 02:00:35.720
You're doing this if you're thinking this
noon and you're ready not spoking.

1118
02:00:35.800 --> 02:00:41.680
We are taking this because who wants
using for your personal development? We will

1119
02:00:41.680 --> 02:00:46.039
ain't. It also spans the period
of time should be tend to see this

1120
02:00:46.359 --> 02:00:51.399
loan to be able to hold people
make dount to this what was it used

1121
02:00:51.439 --> 02:00:59.680
to? So it is interesting we
don't do that, they keep doing giving

1122
02:00:59.760 --> 02:01:10.640
them should not believe anyway. That's
all nothing more to say about I am

1123
02:01:11.199 --> 02:01:24.119
to believe. I believe organizations to
keep you interesting. Thanks engineering. It

1124
02:01:24.159 --> 02:01:28.960
doesn't make sense, young guys.
IMF world banks are polices around this,

1125
02:01:29.239 --> 02:01:33.520
more national institutions. I mean it
would see what's happening. I'm in Nigeria

1126
02:01:33.600 --> 02:01:38.479
and in Africa. Let's put this
narrative that I am is here to,

1127
02:01:38.840 --> 02:01:44.520
you know, put Africa down instead
of the English past conditionality that you must

1128
02:01:44.600 --> 02:01:48.680
take if you want to borrow.
And those conditionises are designed to extract efficiency

1129
02:01:49.239 --> 02:01:54.640
and resource from the host economy to
be able to start to repay so the

1130
02:01:54.720 --> 02:01:59.760
commercials can then come back. You
go to IMF where you are in trouble.

1131
02:02:00.359 --> 02:02:03.640
You don't get into trouble. You
get a point in trouble and you

1132
02:02:03.720 --> 02:02:08.840
go to the I But I'm that
pushed in trouble. Just put that context

1133
02:02:09.279 --> 02:02:19.319
out there for folks. Equals your
stuff. Where is you gentlemen? And

1134
02:02:19.479 --> 02:02:31.720
you're saying school, thank you?
Oh? I say that the people departments

1135
02:02:32.439 --> 02:02:42.880
and I am are the troubles.
The people have responsibility to hold your man

1136
02:02:43.039 --> 02:02:50.880
Accountact department has responsibility to manay the
resources of the people. Okay, And

1137
02:02:51.119 --> 02:02:57.199
I am then has this school I'm
gonna does not exist in solution, just

1138
02:02:57.279 --> 02:03:05.119
like an organization has exclusive before I
give the country. They have to come

1139
02:03:05.279 --> 02:03:13.039
into agreements with the country and then
they will discuss on how this country is

1140
02:03:13.119 --> 02:03:19.920
going to overcome the problem for which
it is seeking financial assistance from the Okay,

1141
02:03:20.640 --> 02:03:24.319
this is why I said, I
am, this is part of the

1142
02:03:24.399 --> 02:03:29.119
problem because I miss, I don't
have a gain knowledge tier for twkey years

1143
02:03:29.560 --> 02:03:34.079
and they are saying this discuss questions. They have the data. This is

1144
02:03:34.239 --> 02:03:41.640
everything they can see clearly. Every
other person now it would have been giving

1145
02:03:41.760 --> 02:03:45.720
them to the country, and you
are saying that they're not pleasing those rules.

1146
02:03:46.039 --> 02:03:49.439
You are seeing in this is.
You're seeing the data, you're seeing

1147
02:03:49.479 --> 02:03:55.159
the inflation. You're saying about this
is and you have responsibility, as I

1148
02:03:55.279 --> 02:04:00.199
am, to make sure that these
countries you're giving loon to get address the

1149
02:04:00.279 --> 02:04:05.119
problems with killing low. So anybody
that's coming here and telling us that a

1150
02:04:05.920 --> 02:04:10.960
problem, it's basic. We're not
gelling at the truth. Okay. EM

1151
02:04:11.319 --> 02:04:15.640
has its own responsibility. It's just
like everyone, even bang and a company

1152
02:04:15.720 --> 02:04:19.840
approaches for your loan. I know
that the country has been back up several

1153
02:04:19.960 --> 02:04:26.199
times. Are a going to give
the company? The company was a mess

1154
02:04:26.840 --> 02:04:30.520
of the not so police. Usually
loan you have to do that I did

1155
02:04:31.199 --> 02:04:35.279
really have not the dean and for
a number of times, I don't think

1156
02:04:35.319 --> 02:04:45.760
the responsible confessional decision. Will you
loan because I'm not giving grants you That's

1157
02:04:45.840 --> 02:04:54.760
why I said, I am it
is the problem. You know your time

1158
02:04:54.800 --> 02:05:00.800
is almost I thank you guys just
for that should come to country people trying

1159
02:05:00.840 --> 02:05:16.960
to know their cod ended up people. All right, we're gonna interesting people

1160
02:05:17.439 --> 02:05:23.800
ship, all right, oxy all
go for it. Some of how do

1161
02:05:23.800 --> 02:05:32.960
you lose your mic? Some of
that just love to my yeah, okay,

1162
02:05:38.359 --> 02:05:47.119
like go ahead and okay, okay, thank you said so my my

1163
02:05:51.560 --> 02:06:04.640
ye, how I am sayah,
business you know development and every business to

1164
02:06:05.840 --> 02:06:15.640
you know form to provide for quant
for people that are from what a big

1165
02:06:15.119 --> 02:06:21.079
over parenting has a really less you
go back, I will give you the

1166
02:06:23.119 --> 02:06:30.560
commodition or their cap presa if you
don't miss condition whatever the condition is about

1167
02:06:30.640 --> 02:06:40.079
products. So the work back.
Let's well, let's be overlos can atutionaf

1168
02:06:40.560 --> 02:06:49.359
already do you say right? We
had an applises applies that the US able.

1169
02:06:49.960 --> 02:06:58.840
You know you're not wanting a column
by virus party. It was in

1170
02:06:58.960 --> 02:07:03.960
the end you know what it talks
is that sous so once was that once

1171
02:07:04.000 --> 02:07:08.960
you have teaching you Yeah, because
that's that I say, that's a really

1172
02:07:09.039 --> 02:07:15.960
grow So even the experiences to get
in Africa, I really you know,

1173
02:07:15.079 --> 02:07:17.760
you don't go. You don't want
to be there. You know they give

1174
02:07:17.800 --> 02:07:23.159
you and maybe two or it is
a very fast for you and and you're

1175
02:07:23.399 --> 02:07:29.880
not whups and ex conditions they are
said after said I see Africa, they

1176
02:07:29.920 --> 02:07:32.359
glow member. So so they're taking
you from what go back that I am

1177
02:07:32.399 --> 02:07:39.800
like my voice is they say press
probably produm if you are ready to bet

1178
02:07:40.039 --> 02:07:43.039
that that's what you mean you get
you know, so the problem is known

1179
02:07:43.079 --> 02:07:45.840
as let's not sit down there blame. I would have a leadership from them.

1180
02:07:46.600 --> 02:07:50.239
Remember I am to give you what
the hot that you have to spend

1181
02:07:50.279 --> 02:07:55.840
it over there by you connect to
qualify you of them. You can't decide

1182
02:07:55.880 --> 02:07:59.560
to use to buy an aircraft,
well I don't know how. I don't

1183
02:07:59.560 --> 02:08:05.319
know how to what is see what
you are supposed to use that can use

1184
02:08:05.359 --> 02:08:11.479
it in there either gos college or
or and they have awful over what happens.

1185
02:08:11.560 --> 02:08:20.840
They first fans maybe software or maybe
finansos or technology from somewhere. That's

1186
02:08:22.039 --> 02:08:26.279
that's what that's what's doing Nigeria.
Some fans who not hand you go back

1187
02:08:26.720 --> 02:08:31.720
useful fascia that you're just study commit
to background. Okay, you want to

1188
02:08:31.800 --> 02:08:35.880
to do? You want to be
in a can you want to do?

1189
02:08:35.279 --> 02:08:39.800
When they'll go through Matamas, they
will be to ship, the company will

1190
02:08:39.840 --> 02:08:43.560
be the sheep, you know,
do all the things that they want to

1191
02:08:43.600 --> 02:08:50.600
make them. Also put the car
you don't yal you are and you start

1192
02:08:50.039 --> 02:08:56.399
satisfying rowing they can involved and what
sage to help you to do these reasons

1193
02:08:56.439 --> 02:09:11.359
you want to do? So then
it is not really and let me let

1194
02:09:11.399 --> 02:09:15.159
me try to read between the lines. Frank Briker Junior was here, but

1195
02:09:15.359 --> 02:09:18.960
let me try to live between his
lines. When you have the administration that

1196
02:09:20.159 --> 02:09:24.560
had quality on the playing field,
those are offers that we're not taking.

1197
02:09:26.439 --> 02:09:28.199
Now. It's almost like every week
I open a paper, I see a

1198
02:09:28.279 --> 02:09:33.840
new long as a new one for
humanitarian. I believe that we're borrowing money

1199
02:09:33.880 --> 02:09:39.560
in dollars to get Myra and I
don't know what was taking. I don't

1200
02:09:39.640 --> 02:09:46.960
mind it if Nigeria borrows a billion
dollars an actualitics twenty five town on Ira

1201
02:09:46.680 --> 02:09:50.640
and actually gives you poor people to
go out country to buy better than it

1202
02:09:52.520 --> 02:09:56.359
honestly or syllablis charity. I would
not mind. The problem is that the

1203
02:09:56.600 --> 02:10:03.000
poor people are not getting that fi
thousand, the money to buy. That's

1204
02:10:03.039 --> 02:10:05.199
the problem. If that money has
actually go up to the villages in my

1205
02:10:05.399 --> 02:10:09.640
village, in your village where they
have four people, and those people who

1206
02:10:09.720 --> 02:10:18.520
consume, that generates demand that creates
jobs in factories in the cities, that

1207
02:10:18.680 --> 02:10:24.560
then creates wealth, so that borrowing, you know, translate into economic activity.

1208
02:10:24.680 --> 02:10:28.840
You borrow do as five fully million
dollars you give people in that joy

1209
02:10:28.880 --> 02:10:33.880
to spend oo. See right now, doesn't take about your village and think

1210
02:10:33.880 --> 02:10:39.119
about if somebody in your village gave
every poor person in your village every month

1211
02:10:39.560 --> 02:10:43.079
twenty five thousand in your they just
take your mind back to your plage.

1212
02:10:43.159 --> 02:10:46.399
What is it up to your village
if everyone yours, if I it with

1213
02:10:46.520 --> 02:10:50.680
five thousand, how is their food
there? Air kids go to school,

1214
02:10:50.279 --> 02:10:54.600
they will buy in your clothes,
they will buy food, they'll buy TV.

1215
02:10:56.279 --> 02:11:00.560
Look at a demand that would call
in those villages would not have to

1216
02:11:00.600 --> 02:11:05.680
build the go because the village now
now has people that can spend. So

1217
02:11:05.800 --> 02:11:11.960
a cur color was saying let's put
a small the usual center near Afford Cura

1218
02:11:11.039 --> 02:11:15.760
Cola. They can afford the sailer. They can afford that, so you

1219
02:11:15.800 --> 02:11:20.800
would actually see a stimulative effect on
that borrowing. Oh, we gonna do

1220
02:11:20.920 --> 02:11:24.479
it. The money is taking the
lady that to them, this is not

1221
02:11:24.760 --> 02:11:28.640
ruble bility, Yes, he has
said. The recombat nearly fifty billion from

1222
02:11:28.680 --> 02:11:33.079
the twilities, Yes, is not
ruble okay combat The body pleased that The

1223
02:11:33.159 --> 02:11:37.439
body was saying, legally, why
there is jail today? The risky that

1224
02:11:37.600 --> 02:11:43.399
was spraying bloods in Ki that was
spraying spraying is he's all marror. His

1225
02:11:43.560 --> 02:11:56.079
fraid is he's in jail. You
recoverb fifty billion from tillities were they you

1226
02:11:56.159 --> 02:12:05.680
know invertation place? So making my
money in the point is very simp we

1227
02:12:05.840 --> 02:12:15.399
have In the UNI seven night which
was final with one of the he said

1228
02:12:15.439 --> 02:12:20.119
that the money most directly into into
that pot. So maybe my ready,

1229
02:12:20.479 --> 02:12:28.960
what I remember that is to do
to I say this attle this money you

1230
02:12:28.079 --> 02:12:39.600
know elsewhere, wise we will not
keep you. I either aptitude to spend

1231
02:12:39.720 --> 02:12:45.439
or whatever they're like. It looks
to me like, you know, Colonias,

1232
02:12:45.560 --> 02:12:50.359
you don't want to Also, you
know you know because used that to

1233
02:12:52.880 --> 02:13:01.880
account and targeted to watch project I
can go to stick with that. Listen,

1234
02:13:03.520 --> 02:13:09.920
Jack, you've got the floors.
Thank you the box name Jack too

1235
02:13:11.000 --> 02:13:20.439
much everyone because it's very weakly.
I think that you know nineteen beautiful,

1236
02:13:20.920 --> 02:13:28.479
but with every other person you know
said ourselves as people, as the people.

1237
02:13:30.760 --> 02:13:37.960
Oh for me, I will not
pay any national organization. That's not

1238
02:13:37.159 --> 02:13:43.319
a phasing for a little bit.
You know. The lights of the point

1239
02:13:43.439 --> 02:13:50.760
is very simple. I think we
don't just lacking the ship. We also

1240
02:13:50.880 --> 02:14:01.520
like fast one and then we have
sighted people you know this country, particularlydos

1241
02:14:01.560 --> 02:14:05.960
that are founders. That's gonna be
let supposition. You see. I I

1242
02:14:07.760 --> 02:14:13.079
other day I shout about the family
that there is no country in this in

1243
02:14:13.159 --> 02:14:18.399
the world that can operate the that
not procurement laws, the system we operas

1244
02:14:18.439 --> 02:14:22.159
in an idea long afford. It's
not possible. I mean, how do

1245
02:14:22.319 --> 02:14:30.239
you run a country that contrast attacking
thought by one understand that nobody's talking about

1246
02:14:30.319 --> 02:14:35.680
it. We have too many great
people deter everywhere. People really don't care

1247
02:14:35.680 --> 02:14:37.960
about it's going to be really like
everyone, they just want to see what

1248
02:14:39.239 --> 02:14:43.960
they can get off the country.
And this is not just a point for

1249
02:14:43.079 --> 02:14:50.119
the government. It thinks that they
go to the local government every single personal

1250
02:14:50.439 --> 02:14:56.079
in life, even in summer.
So when you won't look about the those

1251
02:14:56.159 --> 02:15:03.800
people, let's evolve the loose the
discuss you know, the the resourcesful generates

1252
02:15:03.920 --> 02:15:09.119
in papery as a leisure here from
uh you know, the the money toy

1253
02:15:09.159 --> 02:15:18.119
way from group and you know customs
bands, you know they Someone was talking

1254
02:15:18.199 --> 02:15:24.319
about the stabilities that we're not reportant, you know or going into the intercreationional

1255
02:15:24.319 --> 02:15:30.680
account the eng area. But I
don't know how true that is when you

1256
02:15:30.800 --> 02:15:35.760
look at megy the this shop top, like will we operate this thing?

1257
02:15:35.880 --> 02:15:39.119
All go on? And it's not
sustainable. There is no way will move

1258
02:15:39.159 --> 02:15:43.439
forward like this and this is why
and it's so off. So more concerned

1259
02:15:43.560 --> 02:15:48.079
about the kind of leadership we're going
to do in the last election cycle.

1260
02:15:48.079 --> 02:15:52.279
I'm going to talk about. Look, if everybody is going to go here

1261
02:15:52.359 --> 02:15:56.880
and talk about you know, you
know, if you were able to figure

1262
02:15:58.079 --> 02:16:03.720
leadership in this country and we are
to get people that will be you know,

1263
02:16:03.039 --> 02:16:09.680
I mean, how could any any
anybody any this country? Yes,

1264
02:16:11.119 --> 02:16:22.479
administration, people people actually get all
right, I got you, I got

1265
02:16:22.600 --> 02:16:26.079
you. I want to keep the
focusing not sliver. You know, I

1266
02:16:26.199 --> 02:16:37.680
wanted to discussing get leadership. Then
we have just to wait a time.

1267
02:16:37.840 --> 02:16:45.280
That is not the point. Okay, all right, cats can'ts go for

1268
02:16:45.360 --> 02:16:56.399
it? Cats go for it everyone, Yes, sorry, fun financing this

1269
02:16:56.520 --> 02:17:05.799
stays to eat that will be as
potential perspective or protect. The point is

1270
02:17:05.840 --> 02:17:09.319
that there is a need. So
the country is already in a very bad

1271
02:17:09.399 --> 02:17:16.120
shape and it applies to the fund
for financing in some cases contes that it

1272
02:17:16.200 --> 02:17:22.200
will be a bad shape. In
the newsolitics and finance and of pieces and

1273
02:17:22.319 --> 02:17:28.000
the examples of countries that are successfully
used on financing to solve a few PEO

1274
02:17:28.079 --> 02:17:33.680
programs, and I didn't see anybody
pleased in the fund for in these countries.

1275
02:17:35.280 --> 02:17:39.440
So when you know, back in
the fond when we have countries that

1276
02:17:39.559 --> 02:17:45.680
have not successfully us on finance and
just for their PEP problems with the balance

1277
02:17:45.719 --> 02:17:52.120
of parents. Yeah yeah, yeah, the FUNDA is finances. That's the

1278
02:17:52.440 --> 02:18:00.879
gason why the funds finance now alike
many countries, yeah, have those problems

1279
02:18:00.959 --> 02:18:07.040
arise on natural disasters in Africa and
Africa. In natural Kenya, a big

1280
02:18:07.200 --> 02:18:16.120
problems are largely lost by facial and
discipline and right. So when countries are

1281
02:18:16.159 --> 02:18:22.200
always going very backship going to the
fund, but the funders that gives them

1282
02:18:22.239 --> 02:18:26.479
head from some physical headroom quite provide
momen, then you then that they give

1283
02:18:26.639 --> 02:18:33.840
all adjucments that they would need to
undertaken those problems. So when you blame

1284
02:18:33.000 --> 02:18:41.639
the food for a bad situation,
to me, it just seems like understanding

1285
02:18:41.760 --> 02:18:48.000
of white fund exists. So what
the funders and then financing those of the

1286
02:18:48.079 --> 02:18:54.120
financing of the fund prohaps Interestingly,
two weeks ago there was a big bad

1287
02:19:00.000 --> 02:19:03.520
and also organized posically one of the
impact organizations, and that's a lot of

1288
02:19:03.600 --> 02:19:11.879
device perfect ski ples gaming and defending
dim right, So that's just yours have

1289
02:19:13.600 --> 02:19:20.239
if standing your decisions actually is perfect
skin posing and defending the so you know,

1290
02:19:20.360 --> 02:19:24.639
people will so understand why their fences
and why why is finances It's very

1291
02:19:24.639 --> 02:19:33.840
different from the world, but very
different financing as balances problems and that's the

1292
02:19:35.079 --> 02:19:37.799
people who's why you finance. That's
when country comes to diabect. It's in

1293
02:19:37.879 --> 02:19:43.840
the pactice and are just says that
those things are all conditionalista really adjusting that

1294
02:19:43.959 --> 02:19:48.719
the country has to make in any
case to care about those problems, so

1295
02:19:48.840 --> 02:19:54.440
so so we need to I think
ed you keep ourselves on what the fund

1296
02:19:54.479 --> 02:20:03.440
does right and then as you know, help pers to know that you it's

1297
02:20:03.680 --> 02:20:07.680
excellent. Point is made right.
I think we said at the top of

1298
02:20:07.680 --> 02:20:11.559
the space say that. Listen,
you go there when you're in trouble.

1299
02:20:11.799 --> 02:20:13.319
Well, I want to ask it's
only commented a long time ago, it

1300
02:20:13.440 --> 02:20:18.040
says out, Why doesn't it Why
doesn't I am a public conditionalities? The

1301
02:20:18.159 --> 02:20:22.799
government trinity is expensive, the god
I should not spend what based on pre

1302
02:20:22.959 --> 02:20:28.680
qualities? Why is it only like
the subsidy side. PA decided you have

1303
02:20:28.719 --> 02:20:41.319
an excited to commit to find question
right, I didn't pursuit that the government

1304
02:20:41.399 --> 02:20:54.120
of the government. And you also
remember that these countries are sold to them.

1305
02:20:56.360 --> 02:21:00.760
You know it's not that stuffign is
it in the country company says we

1306
02:21:01.000 --> 02:21:03.440
cannot because when you go to the
iron it is you cannot get a load

1307
02:21:03.559 --> 02:21:09.479
anywhere else. So in quote unquote
quote unquote, then you'll say quote unquote

1308
02:21:09.200 --> 02:21:13.639
maybe harsh word, but at that
point of letting you, if you have

1309
02:21:13.799 --> 02:21:16.399
the power, you canna say you
must stay this load. You cannot decrease

1310
02:21:16.479 --> 02:21:22.600
salaries, you cannot buy any private. Yet you cannot go for training tours

1311
02:21:22.639 --> 02:21:26.559
and things like that, even though
it's even a spiorative or symbolic. But

1312
02:21:26.799 --> 02:21:37.399
why do you put it in there? Okay, pub financial management, right,

1313
02:21:37.920 --> 02:21:43.159
but at the end of the commitments
and it's really for the government to

1314
02:21:43.239 --> 02:21:48.600
take ownership comments gotcha it said,
I hear you. And just since you're

1315
02:21:48.639 --> 02:21:54.840
talking, paper like this final paper
and it's called the Adjustment of Nigeria's Selected

1316
02:21:54.000 --> 02:22:03.879
Market Variables to the Iron Conditionalities from
nineteen eighty six till twenty sixteen is done

1317
02:22:03.920 --> 02:22:09.680
by the Universitive of that's really investing, OCCA, by professional and Marcato and

1318
02:22:11.399 --> 02:22:16.799
call both of them did look at
their finders. I am as controlsy has

1319
02:22:16.920 --> 02:22:22.559
no significant effect on GDP of Nigeria. I am a construnty has no effect

1320
02:22:22.639 --> 02:22:28.159
on gross CUP condition and I m
F has no coportunity, has no simple

1321
02:22:28.239 --> 02:22:41.159
effect on national states of national economy. So effect that pipecting me why I

1322
02:22:41.280 --> 02:22:46.559
in the WRAN but try to remove
the increase the eighty or sub today is

1323
02:22:46.600 --> 02:22:52.559
that's still living with that whole PSI
framework for IMF. So okay, all

1324
02:22:52.600 --> 02:22:56.440
right, I'm not thinking that this. In the end, they they do

1325
02:22:56.559 --> 02:23:01.639
what they have on paper and then
what led yous practice since sometimes diversions and

1326
02:23:01.680 --> 02:23:07.920
again I think it because the total
gap in infrastructure. Because these guys,

1327
02:23:07.360 --> 02:23:11.840
I don't think you're they don't assume
that the country as big as theirs,

1328
02:23:11.959 --> 02:23:18.760
as rich as Nigeria would not really
move through by road which grow food by

1329
02:23:18.879 --> 02:23:22.760
rainfall and maybe just has no power
supply its part in us. They don't

1330
02:23:22.879 --> 02:23:31.079
assume these states would be real that
Nigeria surely would have moved on an gender

1331
02:23:31.239 --> 02:23:33.120
power. You know, it's it's
amazing if you think about it. Well,

1332
02:23:33.159 --> 02:23:37.520
we live in Niger are used to
it, but we run our power

1333
02:23:37.600 --> 02:23:41.280
with generators. You have to leave
Niga for it for a long period of

1334
02:23:41.360 --> 02:23:46.120
time. So the stud that Nigeria
is not a functional economy. You can't

1335
02:23:46.200 --> 02:23:52.920
run an economy with generators. But
the Nagina standard practice was it deils genital

1336
02:23:52.360 --> 02:24:01.159
big four giant generators for every institution. The presidency neper be sure that everybody

1337
02:24:01.200 --> 02:24:11.680
has to night. Everybody yes to
the point that I'm a finance and enable

1338
02:24:11.840 --> 02:24:22.280
the country. So it's not in
its violence of well ta okay, well

1339
02:24:22.360 --> 02:24:26.360
taken point for to take care.
Let me let let's get Muhammed, Mohammed

1340
02:24:26.399 --> 02:24:28.360
and a lot of times handy man
a real bait. But Mohammed and you

1341
02:24:28.399 --> 02:24:31.639
got the floor. Stuff is go
ahead, can pre share those comments very

1342
02:24:31.799 --> 02:24:39.559
very well taken. Go ahead,
Mamma, mamma and Lena speak about not

1343
02:24:39.760 --> 02:24:45.760
letting you so let me move from
some people. Some people Mommed if you

1344
02:24:45.879 --> 02:24:48.079
if you get us all, just
put you back. And some people you've

1345
02:24:48.079 --> 02:24:52.280
got the floor, okay, we
Hammed, go for it. You can

1346
02:24:52.399 --> 02:24:58.399
speak, good for it. I
couldn't hear you, still can't hear you,

1347
02:25:00.879 --> 02:25:07.760
all right, that's gets uh the
around martage media, viral media.

1348
02:25:11.840 --> 02:25:18.159
What I have to say is this, I can't completely blame IMF and gold

1349
02:25:18.239 --> 02:25:26.280
Bank, but in the way I
can still blame them as well. Blaming

1350
02:25:26.360 --> 02:25:33.479
the IMF is like seeing the gambler
and believing the patent company for them.

1351
02:25:35.040 --> 02:25:43.360
You understand the gambler has the responsibility
of petting and you know responsibly yeah yeah,

1352
02:25:43.600 --> 02:25:48.639
oh. In that case, I
can't completely blame IF. But the

1353
02:25:48.760 --> 02:25:54.040
Christian is this, Who's to pay
from the downfall of those that are playing,

1354
02:25:54.159 --> 02:25:58.920
that are following the morney, which
is mostly more than the old countries?

1355
02:25:58.479 --> 02:26:03.319
Who to believe? Who are those
behind the IMF and World Bank.

1356
02:26:05.159 --> 02:26:09.639
Who are he wants in control?
You understand. So we need to look

1357
02:26:09.680 --> 02:26:18.120
at the the better factors of these
rules that are being placed onto the countries

1358
02:26:18.159 --> 02:26:22.000
that grow a lot of money.
So when we look at that to be

1359
02:26:22.079 --> 02:26:26.840
able to understand the situation better.
So for the solution, I think the

1360
02:26:26.920 --> 02:26:35.040
solution is on boots, the people
and the leaders because when if I talk

1361
02:26:35.120 --> 02:26:43.639
to have made Igerians and I kind
of see the rationalized the kind of leaders

1362
02:26:43.760 --> 02:26:48.719
that he puts into position, I
know that we are not there. We

1363
02:26:48.840 --> 02:26:54.559
are not theirs because and have really
Nigerian who first consider religion and ethnicity before

1364
02:26:56.120 --> 02:27:00.479
anything else. They don't even look
at confidence. They look at the religion

1365
02:27:00.559 --> 02:27:05.000
an ethnicity, then the contest on
common consum the moment we get to your

1366
02:27:05.040 --> 02:27:09.479
points where we can look away from
religion and ethnicity, things we start to

1367
02:27:09.600 --> 02:27:13.840
change and people start to make the
right decisions to putting the right people into

1368
02:27:13.959 --> 02:27:20.399
power who won't be addicts or gamblers, but people that enter and change the

1369
02:27:20.520 --> 02:27:26.399
system, into the system where you
won't be dependent on experts, foreign age,

1370
02:27:26.959 --> 02:27:33.639
bolling and all the stuff. Thank
you, gotcha, gotch sorry coming

1371
02:27:37.360 --> 02:27:43.719
if if you see gamblers. Almost
all low income countries who are useful for

1372
02:27:43.159 --> 02:27:50.040
I give finance get finances from their
answer. So the VE makes sure money

1373
02:27:50.079 --> 02:28:03.079
for them. So I think things
is more. It's true, you know,

1374
02:28:03.760 --> 02:28:07.200
financing them is important because we don't
go back to why im up is

1375
02:28:07.319 --> 02:28:11.879
created. I mean it's manly about
the money. The iron up was created

1376
02:28:11.920 --> 02:28:15.479
because of the First World War issue. Second World War ensuing had a post

1377
02:28:15.520 --> 02:28:20.360
journey that high inflation that then led
to this functional particular system that led to

1378
02:28:20.440 --> 02:28:24.920
the tenth right right. So the
work that travels to say we want to

1379
02:28:26.040 --> 02:28:31.200
stop countries doing a picture evaluations they
show killed the economy. So for them,

1380
02:28:31.319 --> 02:28:37.479
it's like if we can come in
at the division that have balanced applemented

1381
02:28:37.559 --> 02:28:41.840
issues and sold there, then we
have let's say lancers less so many.

1382
02:28:41.920 --> 02:28:50.879
That's what they're trying. Yeah,
exactly. We mean that Nigeria's protistans could

1383
02:28:50.879 --> 02:28:52.600
say, because we don't have any
money, what do the debut and I

1384
02:28:52.639 --> 02:28:56.639
have to ten thousand to one because
we want to sell more cocoa. That

1385
02:28:56.760 --> 02:29:01.079
would be that find us We're rush
Nigry to buy coco for Nentaria. I'm

1386
02:29:01.079 --> 02:29:05.479
not too cool for Organa because it's
cheaper in Nigeria. But what will that

1387
02:29:05.559 --> 02:29:09.440
all call is that the cover in
Nigeria will crash so much, I feel

1388
02:29:09.479 --> 02:29:13.639
like will rise off. There will
be crisis. They will have to come.

1389
02:29:13.760 --> 02:29:18.159
I'm sending sixty TMS and costomer money. So that's what I mean is

1390
02:29:18.239 --> 02:29:20.000
trying to do. But you know, because they it's like when you have

1391
02:29:20.159 --> 02:29:24.639
my Laia, you take clue Quin
Coquin is very very bitter, but you

1392
02:29:24.799 --> 02:29:31.920
have Maliia. That's I think that's
really all right. You're right, I

1393
02:29:31.959 --> 02:29:37.559
appreciate that. Yeah, you're right. Okay, that's such augusting. The

1394
02:29:37.719 --> 02:29:41.000
guy's got my testimist to go to
shut down the space. Right, great

1395
02:29:41.079 --> 02:29:45.319
topic. I'm learn a lot,
Thanksgarres for being here. But about testiment.

1396
02:29:45.440 --> 02:29:48.440
So take all the convers get up
at the music, you know,

1397
02:29:48.680 --> 02:29:52.200
learn that's what we do here on
the floor, go for us. Thank

1398
02:29:52.239 --> 02:30:03.239
you so much. That's good information
for me. But all those mad this

1399
02:30:03.879 --> 02:30:09.360
shore for some time, they also
say the im is the body. They

1400
02:30:09.440 --> 02:30:11.959
have their roles to play. They
will not force you to take those.

1401
02:30:13.000 --> 02:30:15.840
So as a country, you go
to there, they don't give me that

1402
02:30:15.920 --> 02:30:20.200
conditions, just like they don't own
banks who have been awa what you do

1403
02:30:20.319 --> 02:30:24.840
with the money. If you're editing
in government, is your it's your own

1404
02:30:24.879 --> 02:30:28.239
cup of tea. They're not the
babysits you Becauditions are called with those those

1405
02:30:28.319 --> 02:30:31.399
are normal. Just let banks in
the Nigeria. But they want to go

1406
02:30:31.680 --> 02:30:37.120
to you and the conditions you don't
have to take this money. Second,

1407
02:30:39.040 --> 02:30:45.559
i'm sure jating that today are also
going from the iron seeing how demand that

1408
02:30:45.680 --> 02:30:50.120
will been there last say about the
same mood I entered as perform and how

1409
02:30:50.120 --> 02:30:56.799
the intuition figures have come around.
So basically it comes down to how manage

1410
02:30:56.840 --> 02:31:01.239
and sources in times no christ natural
crisis like this. It's common sense.

1411
02:31:01.360 --> 02:31:07.479
You don't size cross so I don't
think it's buying less to be epy so

1412
02:31:07.719 --> 02:31:15.719
much where they're borus make any sense
to me and not blows them to the

1413
02:31:15.840 --> 02:31:22.000
Basically you keep saying we'll let it
go together. This is this is a

1414
02:31:22.040 --> 02:31:24.959
lot of gay signs. I mean, people need to live well. If

1415
02:31:24.000 --> 02:31:28.079
it is well, yes you can
come as a government and this is a

1416
02:31:28.159 --> 02:31:33.239
bad. It doesn't make any sense
for me to studying lucious and buying jeeps

1417
02:31:33.440 --> 02:31:39.479
and buy a play that's what de
pay. Of course, if you manage

1418
02:31:39.520 --> 02:31:45.239
it because don't know well and it
falls around because people cracks you in care

1419
02:31:45.520 --> 02:31:52.840
where they're doing because they not the
ones that was in future. To what

1420
02:31:52.920 --> 02:31:58.079
I always try to say, gods
don't pay back to those people pay back.

1421
02:31:58.520 --> 02:32:03.079
So if the government borrows, it
pays that. Yeah, identiinize is

1422
02:32:03.120 --> 02:32:07.479
the biggest borrower from the I am
a testy one billion. That's what I

1423
02:32:07.920 --> 02:32:11.440
the time didn't have for but then
got the incita. That president he's got

1424
02:32:11.520 --> 02:32:13.559
it. I mean you saw him
on that jet. He was flying conventional

1425
02:32:13.600 --> 02:32:16.520
to go see his girlfriend. People
said, oh, it's it's a strong

1426
02:32:18.040 --> 02:32:20.840
but it is the is the way
he's he's communicated that. Listen, I'm

1427
02:32:20.879 --> 02:32:28.319
going to cost personally. So in
my drea, we have the same inflation,

1428
02:32:28.120 --> 02:32:31.959
but we are buying in private.
Yet the contrast could not be stronger.

1429
02:32:33.399 --> 02:32:37.680
Argentina has inflational yet you know the
guy's flying commercial on a private basit.

1430
02:32:39.120 --> 02:32:41.280
But that yet we're also buying presention. We don't need a new presdential

1431
02:32:41.399 --> 02:32:46.479
jet. If the jet has has
his part, actually should send the great

1432
02:32:46.520 --> 02:32:48.399
Oh we're not gonna spend on this
jets. Take the money and put it

1433
02:32:48.440 --> 02:33:03.879
to a student lo and then do
they have one big one that can go

1434
02:33:05.079 --> 02:33:07.479
int continental? There as all this
small small private jet than will be in

1435
02:33:07.479 --> 02:33:11.079
an Africa. But they gave this
ten we ab to mo wrapping it's too

1436
02:33:11.159 --> 02:33:18.920
much, or or convert everything to
an airline and then put it commercially.

1437
02:33:18.200 --> 02:33:22.079
You have the man wants to fly, he takes his player and flies,

1438
02:33:22.399 --> 02:33:24.879
or what is not flying? If
you do legal to Buja, make revenues

1439
02:33:24.920 --> 02:33:28.280
for the nation, That's what I
think you You just give it to airpiece

1440
02:33:28.479 --> 02:33:31.879
or whoever's wrong. When man wants
to fly, you can quite explain that

1441
02:33:33.040 --> 02:33:37.239
you fly combat, pay airpiece,
airpiece to pay tax. We'll move on,

1442
02:33:37.559 --> 02:33:39.280
you know, let's just move on. Just just take it all that

1443
02:33:39.760 --> 02:33:46.799
after after Hassan mamas, how much
you s welcome to the plane. So

1444
02:33:46.959 --> 02:33:58.120
I'm not appreciate you come it from. Yes, sir, I think you

1445
02:33:58.399 --> 02:34:05.959
about the play. Yeah, when
is commisation on the trophic is or Africans

1446
02:34:05.239 --> 02:34:16.319
search? Well, yes, but
I believe the African continent, the hot

1447
02:34:16.520 --> 02:34:22.920
medium control that situations so that if
he's stopped and well managed, that you

1448
02:34:22.040 --> 02:34:30.680
can as far and get a value
for aristoles. That doubt. It depends

1449
02:34:30.719 --> 02:34:35.760
on whether nation the greatest challenge.
How is that policy construction? We need

1450
02:34:35.840 --> 02:34:43.360
to have politics at life and rather
change the Futinuar Africans say have bottom billion

1451
02:34:43.440 --> 02:34:54.079
county continent. That's my take.
I'm most like that you Yeah, most

1452
02:34:54.120 --> 02:35:03.600
like I got back what type explains
that? Uh, in the African continent.

1453
02:35:03.559 --> 02:35:13.239
Were put on the continent that has
one six So that's that each time

1454
02:35:13.399 --> 02:35:20.680
tween we can be cross pass continent
and that's what I need. I agree

1455
02:35:20.680 --> 02:35:24.159
with you. So I said,
I just wanted to borrow if we simply

1456
02:35:24.280 --> 02:35:28.840
because our house and older we're exporting, how about this will be broke because

1457
02:35:28.840 --> 02:35:37.920
I'm not broke. Completely agree with
Yeah, content, Yeah, we bro

1458
02:35:37.120 --> 02:35:46.920
You know you've got the floor,
go ahead and shoot. Okay, thank

1459
02:35:46.959 --> 02:35:56.399
you for your I've listened to polos. Because of multiple sides of this discussion.

1460
02:35:58.040 --> 02:36:13.799
Uh, for uh, the IMF
cannot be seen. Uh it's okay.

1461
02:36:13.319 --> 02:36:16.959
So for me, the IMF cannot
be saying to be a problem.

1462
02:36:18.319 --> 02:36:22.840
You know, it's just a lazy
man's way of doing things. Uh.

1463
02:36:22.200 --> 02:36:28.479
You going into someone to get as
alone is based on the fact that you

1464
02:36:28.639 --> 02:36:33.520
require the financial assistance at that moment. So if that person gives you the

1465
02:36:33.639 --> 02:36:39.680
loan, mood conditions. It is
left up to you to decide to accept

1466
02:36:39.879 --> 02:36:46.559
or reject. So you cannot accept
loans based on setting specified conditions then come

1467
02:36:46.639 --> 02:36:52.399
back afterwards and says and say the
conditions are a problem to me, so

1468
02:36:52.680 --> 02:36:58.639
we should we should just drop that
discussion. The IMF is not this problem.

1469
02:37:00.040 --> 02:37:07.040
I've also listened to our multiplesiblic A
suf about our leaders being the problem

1470
02:37:07.200 --> 02:37:11.639
and our leaders that do not understand
stakecraft. Yeah, so I would like

1471
02:37:11.760 --> 02:37:18.239
us to focus on bet on that. According to the Constitution of Nangiera and

1472
02:37:18.840 --> 02:37:24.959
most constitutions around or the security and
warfare of the people should be the primary

1473
02:37:26.000 --> 02:37:31.399
responsibility of government. So if you
have a situation where the country is unsafe,

1474
02:37:33.239 --> 02:37:39.719
people who cannot move around freely,
people cannot see there is actually then

1475
02:37:39.760 --> 02:37:43.479
the government has failed. So if
we're going to be looking for the problem

1476
02:37:43.680 --> 02:37:48.040
or even know the problem, the
problem is the government also sensive government.

1477
02:37:48.600 --> 02:37:54.799
We're not gonna say, won't name
the current government because what we are currently

1478
02:37:54.000 --> 02:38:01.159
is just a resubstance of several years
of mismanagement. So the problem has been

1479
02:38:01.399 --> 02:38:05.079
leadership or this world. So we
all know the problem, and I believe

1480
02:38:05.479 --> 02:38:11.000
it's quite easy to say to tell
the solution exchanging political and geology or exchanging

1481
02:38:11.079 --> 02:38:18.239
police politician. I wouldn't want to
make this space to political, but we

1482
02:38:18.479 --> 02:38:22.879
should just be clear with ourselves.
No, if we won't get things done

1483
02:38:24.000 --> 02:38:30.399
right, we all have to get
involved, like actively involved and determining political

1484
02:38:30.520 --> 02:38:33.559
outcomes. No, you need to
get the right people in place. The

1485
02:38:33.680 --> 02:38:37.799
laws are the economic clause. The
policies out there. If you go to

1486
02:38:37.920 --> 02:38:45.319
the presidential as, you have lots
of policy ideas that have been drafted.

1487
02:38:45.719 --> 02:38:50.120
No, we just need people competent
and willing to execute these policies. We

1488
02:38:50.200 --> 02:38:58.600
need people competent and willing economy close. So we shouldn't be dragging the discussions

1489
02:38:58.760 --> 02:39:07.959
from multiple sides. Simple, Yes, all right, that's out. Thank

1490
02:39:07.000 --> 02:39:16.719
you, You're welcome mono, Okay, thank you. Yeah, Hello,

1491
02:39:16.760 --> 02:39:20.840
mammy. Where you calling from?
Yeah, yeah, I'm calling from New

1492
02:39:20.959 --> 02:39:26.799
Delia. Thank you for the opportunity. And I've been following this space very

1493
02:39:26.879 --> 02:39:33.680
wonderful and very insightful. I just
have two things to share. Because of

1494
02:39:33.680 --> 02:39:41.840
the time I think I am AS
or any other corporation that are you know,

1495
02:39:41.040 --> 02:39:46.840
assist in countries or rather in the
you know, developmental side of things

1496
02:39:46.040 --> 02:39:52.840
shouldn't be played. The first thing
is for any country, like you know,

1497
02:39:52.200 --> 02:39:56.479
every combination, have a decisive framework
because of all the strategy of where

1498
02:39:56.520 --> 02:40:01.799
I'm taking the loan and you know
they appropriate childs to you know, put

1499
02:40:01.840 --> 02:40:07.920
this loan to. Secondly is the
issue of representation. You know, you

1500
02:40:09.079 --> 02:40:15.319
cannot have people representing you to you
know, access the loans or whatever.

1501
02:40:15.479 --> 02:40:20.159
And number one maybe the eternity is
to put into active. And secondly also

1502
02:40:20.399 --> 02:40:26.959
the you know competence. I've read
in a book where you know, it

1503
02:40:26.200 --> 02:40:33.079
was clearly stated that you know,
for organizations like i'm evers or in Africa,

1504
02:40:33.479 --> 02:40:37.520
you know, there's dispassion of you
know, whether you know they're taking

1505
02:40:37.520 --> 02:40:41.040
advantage of the African countries and so
on. But when you go through the

1506
02:40:41.200 --> 02:40:46.600
Asian side of the world for example, I've you know, stayed in China

1507
02:40:46.639 --> 02:40:50.040
and all that, they have a
system of nutritiously you know, the viewing

1508
02:40:50.840 --> 02:40:54.920
or whatever it is that's put it
to the table to them. For example,

1509
02:40:56.239 --> 02:41:00.440
you know, for corporations like I'm
ever soon, whenever you want to

1510
02:41:00.879 --> 02:41:05.079
you know access you know firms or
you know, loan or whatever you might

1511
02:41:05.200 --> 02:41:09.520
call it, they try to negotiate
and make sure that they do the whole

1512
02:41:09.680 --> 02:41:13.399
terms of you know, a loan
or the film they're trying to access,

1513
02:41:13.479 --> 02:41:18.239
to make sure that it aligns with
the you know, frame of all the

1514
02:41:18.360 --> 02:41:22.799
policy of their own country. And
they stay on the negotiation table to discuss

1515
02:41:22.879 --> 02:41:26.719
with they you know, I am
a corporation, is that this is what

1516
02:41:26.920 --> 02:41:31.000
we're trying to achieve and this is
what's there in your tougment. And from

1517
02:41:31.079 --> 02:41:35.799
there, you know, they can
carry to you know, what best interest

1518
02:41:35.879 --> 02:41:39.639
in the country. At the end
of the day, I'm like any other

1519
02:41:39.920 --> 02:41:46.520
you know, corporation also also have
their own interests. They're not the charity

1520
02:41:46.680 --> 02:41:52.680
organization, you know, So this
is a second thing and entirely you know

1521
02:41:52.840 --> 02:41:56.200
a lot of the people that are
spoken have spoken about this is that you

1522
02:41:56.280 --> 02:42:01.959
know, when you're drown inside the
water, someone of course you can help

1523
02:42:01.040 --> 02:42:05.559
your hand to throw you out and
sometimes you know, all you have to

1524
02:42:05.639 --> 02:42:09.719
do is ground the hand and then
after coming out you try to you know,

1525
02:42:11.040 --> 02:42:13.879
uh, save yourself from the crowning
Dicky. But I think here is

1526
02:42:13.959 --> 02:42:18.040
where you know, you're a lot
of the African countries to plan out the

1527
02:42:18.440 --> 02:42:22.440
previously. Thank you very much.
This is more than you see this is

1528
02:42:22.600 --> 02:42:30.200
also it's uh, it's coming,
you're gonna go you go. Also those

1529
02:42:30.280 --> 02:42:35.879
people that I'm India, I've love
taken any final shot. Het Hi,

1530
02:42:35.319 --> 02:42:39.680
mister, I didn't hear you,
but I don't care any other person can't

1531
02:42:39.680 --> 02:42:41.920
hear any Please, I can hear
you. All just han't that India hasn't

1532
02:42:41.959 --> 02:42:52.680
taken any final Uh hello, all
right, go ahead, go ahead?

1533
02:42:56.399 --> 02:43:03.239
This is Ebo? Was it?
Ebon was speaking? He bore decern you

1534
02:43:03.360 --> 02:43:16.440
as who else? What about to
go for a go ahead so I can

1535
02:43:16.559 --> 02:43:22.159
hear you. I'm here, sorry
about that. Yeah, my mine was

1536
02:43:22.719 --> 02:43:28.959
he's gohad side, Okay, good
evening, please, sir, I'll be

1537
02:43:30.200 --> 02:43:35.040
very big. I'm listening to the
conversation and so far I was thank you

1538
02:43:35.159 --> 02:43:43.600
for this together. It has been
very enraging and educative. There are just

1539
02:43:43.719 --> 02:43:46.479
three points. There are three points. I want to drop. The reason

1540
02:43:46.559 --> 02:43:54.559
why I am mephis off my scape
good if I find me find me at

1541
02:43:54.639 --> 02:44:01.600
first, it's their existence. Some
liberalization then stands on privatization, and there

1542
02:44:01.719 --> 02:44:11.559
is extends on balance physical plans,
which is the man touched the touch from

1543
02:44:11.600 --> 02:44:18.079
them and don't like that, they
say the reason Gurus, there's no nation

1544
02:44:18.280 --> 02:44:24.440
that doesn't have need for grow.
But when you go to Guru, there's

1545
02:44:24.479 --> 02:44:30.840
a book its content our globalization and
its dis context. It was our lives

1546
02:44:30.920 --> 02:44:35.000
today that when you go to Guru
the I m F who is sister you

1547
02:44:35.360 --> 02:44:45.440
sign on? You signed to liberalization, privatization and austerity and these things of

1548
02:44:45.719 --> 02:44:48.799
from theytn are very bad for countries. So most of the time, this

1549
02:44:48.959 --> 02:44:56.440
is why the imf I I was
ascribed to the argument that they don't end

1550
02:44:56.559 --> 02:45:01.520
up helping Africa countries because at the
end of the day, we need to

1551
02:45:01.639 --> 02:45:07.879
grow and most of the time we
have pads of payment problems because we the

1552
02:45:07.959 --> 02:45:13.040
structure, the industrial structure and the
productivity is low. So we end up

1553
02:45:13.360 --> 02:45:16.559
going to them to grow. And
when we go to Guru, they don't

1554
02:45:16.360 --> 02:45:22.239
the evondationalities they attashed, they don't
help our economics, you know, to

1555
02:45:22.159 --> 02:45:28.040
moving the right direction. So I
think they have been part of the blading

1556
02:45:28.159 --> 02:45:33.319
and the leadership, the structure of
leadership and auditi leadership we have in La

1557
02:45:33.360 --> 02:45:39.479
boundaries also we take it part of
it taking well. I mean the conditionalities

1558
02:45:39.520 --> 02:45:43.600
are basically reformed that you have to
get the can come back to the part

1559
02:45:43.879 --> 02:45:48.959
of liquidity and creating revenues, not
as the paper in the IMF, but

1560
02:45:48.079 --> 02:45:52.559
to put back your own external predators. I think that's valid. And if

1561
02:45:52.600 --> 02:45:56.879
you are broke is because you over
spent all your reforms involved. Your structure

1562
02:45:58.120 --> 02:46:01.879
was spileful general worth. I think
I am the first to more than block

1563
02:46:01.959 --> 02:46:05.760
that stipefulness. Sorry, you can't
be so, Yeah, I think I

1564
02:46:05.760 --> 02:46:11.360
guess it did this ebon, We've
got the floor. Quiet you wrong than

1565
02:46:11.399 --> 02:46:13.360
a little about saying about ten minutes
to go guys, ive got the floor.

1566
02:46:13.440 --> 02:46:20.000
They want little ticket ticket evenings when
we go into Is that the principle

1567
02:46:20.079 --> 02:46:28.719
of the Scotch Yeah, I can
hear you. Ya get everyone out the

1568
02:46:28.799 --> 02:46:37.479
space. Yes, I actually came. It's regards to do I would yeah,

1569
02:46:37.479 --> 02:46:48.840
I would love its regards to the
problems and the results, Yes,

1570
02:46:48.879 --> 02:46:52.079
I can hear you. I don't
spos to hold the weak. It is

1571
02:46:52.159 --> 02:46:56.360
as a resource of this management of
live resources that spoke to, of course,

1572
02:46:56.959 --> 02:47:05.440
and if they would automatic automatic automatically
becomes a stable and that they will

1573
02:47:05.479 --> 02:47:09.319
set up because on the shouters African
countries would have to advise by them.

1574
02:47:09.799 --> 02:47:18.920
But yeah, loans collected the African
countries. You would want to ask You

1575
02:47:18.959 --> 02:47:26.360
would want to ask the nadrans the
case and point us utilition shal recklessness and

1576
02:47:26.879 --> 02:47:33.200
in putlay by public officeholders of course, who would want to blame iron If

1577
02:47:33.239 --> 02:47:39.840
and late dans can afford milk and
did they go ahead to buy they make

1578
02:47:39.879 --> 02:47:46.719
it propositions by exidential jets and special
one to house close to one man that's

1579
02:47:46.799 --> 02:47:52.600
the vice president, and several other
financials and ground and you would want to

1580
02:47:52.600 --> 02:47:58.280
also blame iron If for the the
resents us at seeing out on all the

1581
02:47:58.399 --> 02:48:05.280
timeline we're our top racial has crossed
over future percent for the first time.

1582
02:48:05.760 --> 02:48:09.760
All of this is supposed in place, really and of course you you don't

1583
02:48:09.760 --> 02:48:13.520
want to blame my ms when when
you have several linkages in your in things

1584
02:48:13.600 --> 02:48:20.360
that should tell you endings in forests, forest things. Can you hear me?

1585
02:48:22.120 --> 02:48:26.799
Yes? And you got a little
goo okay okay, And I lets

1586
02:48:26.959 --> 02:48:30.799
you I would want to happen something
because I had someone said that personal King

1587
02:48:30.840 --> 02:48:35.680
of any saying something about the kings
with the way they went house to protest

1588
02:48:35.799 --> 02:48:39.440
and stabs the short gross economy,
and I was shocked to hear that and

1589
02:48:39.639 --> 02:48:48.280
also trying that to politicians and policism
similar to any career as a medicaltel so.

1590
02:48:48.440 --> 02:48:52.920
And when you hear some statesmens and
you will say the leadership is our

1591
02:48:54.000 --> 02:48:58.200
problem. Oh yes again followership opposed
to become a major problem. Were there's

1592
02:48:58.239 --> 02:49:05.360
such opinion follow us and all the
space. That's what that excellent guys because

1593
02:49:05.399 --> 02:49:07.639
they said two more that we're just
found the space we've been here for fear.

1594
02:49:07.760 --> 02:49:13.879
I was appreciate everyone's going to speak. Uh, we've got to the

1595
02:49:13.920 --> 02:49:20.440
floor. I don't everybody need to
team pleasure and privileged spirit to us because

1596
02:49:20.120 --> 02:49:26.159
mind is a solution. I think
we did the way though what we tend

1597
02:49:26.360 --> 02:49:31.959
to look so much better the world
lending directly thing. You know there's country

1598
02:49:31.000 --> 02:49:37.520
that conserved. But my situation is
we we should look more towards the export.

1599
02:49:37.879 --> 02:49:41.879
If I personally am one of the
best plain bangs, I cover South

1600
02:49:41.879 --> 02:49:48.159
South Africa, it's for the Desi
violence and basically go fostain countries and I'll

1601
02:49:48.200 --> 02:49:54.399
tell you you know all the decas. It's for really biginess work with beside

1602
02:49:56.280 --> 02:50:00.760
the likes of the most latter around
the ADS, the ETF and then TVB.

1603
02:50:00.959 --> 02:50:03.680
In East Africa, we don't have
any strong one within Recycrica that's own

1604
02:50:03.760 --> 02:50:09.040
by recyclabbus and the same thing goes
fast acred it. Let's just see the

1605
02:50:09.159 --> 02:50:15.840
regular we we see across Africa is
the life you gave the French one BPI,

1606
02:50:16.639 --> 02:50:22.360
the Daladia one e DC. We
don't see homegrown, homegrown UPBC.

1607
02:50:22.639 --> 02:50:26.719
So so there are yeahs. This
is my stgestion. We can as a

1608
02:50:26.760 --> 02:50:31.360
wave on a home no matter how
money who wants deceive ourselves as the people.

1609
02:50:31.799 --> 02:50:35.719
People like you have strong outreach,
you can you can reach out of

1610
02:50:35.760 --> 02:50:41.360
your friends in the private center and
let them look for people who can performs,

1611
02:50:41.159 --> 02:50:46.680
because that's simul the way we can
blely financing the first FRAC development.

1612
02:50:48.319 --> 02:50:52.639
You don't want stuff that will help
the people move the direction moto. Let's

1613
02:50:52.719 --> 02:50:56.360
let's look in at the version opens
you further conversations in the future. I

1614
02:50:56.440 --> 02:51:03.719
mean, because I believe I don't
want to science issue studies, original integration.

1615
02:51:03.600 --> 02:51:07.159
I can tell you for sure that
that's the way to first Africans.

1616
02:51:07.239 --> 02:51:11.239
We should given to just the Nigerian
storary. We will have them. We

1617
02:51:11.239 --> 02:51:16.079
will have the same. So the
difficulties across West Africa and indeed across So

1618
02:51:16.200 --> 02:51:22.120
she's looking at integration is more realistic
and full resources. Africa has a whole

1619
02:51:22.159 --> 02:51:28.719
those five percent of traits global traits, yes, of the world trade organsations.

1620
02:51:28.280 --> 02:51:37.399
So let's let's look iterations and don't
come to people in the capital follows

1621
02:51:37.440 --> 02:51:41.399
government policy more like so, if
the government has the polty that as rule

1622
02:51:41.479 --> 02:51:46.600
of laws protectional patents, the implation
raised to know, you know, just

1623
02:51:46.920 --> 02:51:50.360
constructed environment, capital flows in.
So the point I'm trying to make is

1624
02:51:50.399 --> 02:51:54.559
that there has to be that posed
by because they want to attract characters are

1625
02:51:54.600 --> 02:51:58.680
coming to the country, right and
that we want to double the devalue with

1626
02:51:58.760 --> 02:52:03.920
the depreciation denira to make it quote
unquote cheaper for more inpact, do more

1627
02:52:05.879 --> 02:52:11.200
agree and disapprobay about saving the bush
cultures, the samese that we we shouldn't

1628
02:52:11.200 --> 02:52:16.000
be looking at the Dreid dangerous excluded. But we let's see how we can

1629
02:52:16.440 --> 02:52:22.239
push the ratato from other countries to
training. We have the you know,

1630
02:52:22.559 --> 02:52:28.200
the the guys that have been really
gradual and the take generous pretty pretty the

1631
02:52:28.319 --> 02:52:31.399
same in terms of air force.
You know, people like this can help

1632
02:52:31.520 --> 02:52:37.920
us mounts pressure on policy makers.
And and then we were looking at the

1633
02:52:37.920 --> 02:52:41.920
story of the singing shanging in Rustle. I think we we can actually want

1634
02:52:41.000 --> 02:52:46.600
to with we coll operation one of
let's look at the Dreid rooms. I

1635
02:52:46.680 --> 02:52:52.360
think that's the one. What what
what do you want to look at?

1636
02:52:52.639 --> 02:52:56.399
What comes you look at? Sorry? What countries should look at? Uh?

1637
02:52:56.920 --> 02:53:07.239
Detuality? We do? What's that
out? First? Present? Lots

1638
02:53:07.280 --> 02:53:13.000
of investments. So I for sure
this year I'm away of about all six

1639
02:53:13.440 --> 02:53:20.879
dollars has been closet. I'm saying
that I'm saying Nida should do, should

1640
02:53:20.959 --> 02:53:24.879
do better. We were we were
making how much of what were in six

1641
02:53:26.079 --> 02:53:31.000
six seven percent people into in two
thousand and three? Yeah, well being

1642
02:53:31.120 --> 02:53:37.520
with f people. Nigeria has been
the only sub sahan African nation and the

1643
02:53:37.639 --> 02:53:46.840
j more bonding there there who won
back box? We were losing markets,

1644
02:53:48.280 --> 02:53:52.360
not losing with loss, with lost. We lost the market, publishing the

1645
02:53:52.399 --> 02:54:09.159
market. Those guys for my Bractice
position, every financing and the table,

1646
02:54:09.680 --> 02:54:18.479
everyone said, point is I think
pushing policy. You and I know that

1647
02:54:18.959 --> 02:54:28.799
we should be pushing for integration in
Africa. We can talk to and I

1648
02:54:28.840 --> 02:54:31.799
don't. I don't be a wet
blanket. But if you if you go

1649
02:54:31.879 --> 02:54:39.479
on the road from Nigeria to toal
just on the border Nigeria side teenty checkpoints.

1650
02:54:39.639 --> 02:54:45.079
The side has no checkpoints. The
Nigerian roads are bad, then roads

1651
02:54:45.120 --> 02:54:48.559
are good. So in the end
we have the best policies but actually has

1652
02:54:48.600 --> 02:54:52.239
to go do his job, which
you don't have checkpoints tenenty checkpoints in Nigerian

1653
02:54:52.440 --> 02:54:56.360
side with bad rooms we should not
have. But that's a problem we've got

1654
02:54:56.399 --> 02:55:03.399
to do. It's smooth from its
smooth from okay, well, I don't

1655
02:55:03.840 --> 02:55:07.840
before this was selling the right labels
and before the post. It's when you

1656
02:55:07.879 --> 02:55:13.079
came to when you came to the
Senate that go down to the degree.

1657
02:55:13.440 --> 02:55:16.159
And it's funny you may not know
this local want pills the world you have

1658
02:55:16.440 --> 02:55:20.760
from go don't know, well not
entirely, but the backs from the back

1659
02:55:22.319 --> 02:55:28.760
and send yeh is the eighties.
So im that'sial press. And I'm just

1660
02:55:28.840 --> 02:55:33.520
saying, let's not sleep money and
think that because its the mess. We'll

1661
02:55:33.639 --> 02:55:37.799
just keep one. I find it
and this is one of the first thing

1662
02:55:37.840 --> 02:55:43.079
that we can because here's someone than
that. But I just think we should

1663
02:55:43.920 --> 02:55:48.159
take it upon ourselves and make it
up ten years and making Happle because I

1664
02:55:48.360 --> 02:55:52.799
released active this key films. So
if we see back. You know,

1665
02:55:54.159 --> 02:55:58.600
win policy, so we can push
you know, we can only two way

1666
02:55:58.280 --> 02:56:03.799
and and that's trying. Yes,
thank you, yeah, y'all I speak,

1667
02:56:03.840 --> 02:56:07.159
I saw you. So let me
think the key post again from King

1668
02:56:07.319 --> 02:56:09.120
which I was some prefact once the
way, they reallygious guys came up and

1669
02:56:09.239 --> 02:56:13.959
said it with spoblic kids they tribes. Wanna said, with support the kids

1670
02:56:13.319 --> 02:56:18.000
the costs, I said, with
support of kids. Also, nowhere for

1671
02:56:18.159 --> 02:56:20.239
the positions to hide. They couldn't
hide them, not try. They don't

1672
02:56:20.280 --> 02:56:24.559
handle out of the courts. They
don't hide on their army. Everyone say,

1673
02:56:24.600 --> 02:56:28.600
with support the kids. I don't
send the kids this out. They's

1674
02:56:30.000 --> 02:56:41.079
the final points I think we need
when you need the vocals, we see

1675
02:56:41.120 --> 02:56:45.879
your team that got around us.
So we we don't realize that people.

1676
02:56:46.840 --> 02:56:56.520
And that's why he be christ about
that. Allright, we need these to

1677
02:56:56.760 --> 02:57:03.840
keep cool positions, all right,
perfect perfect apologized if not suspey, there

1678
02:57:03.959 --> 02:57:07.319
was just no time. We're going
to shut it down three hours. We've

1679
02:57:07.319 --> 02:57:13.760
been talking about the IMSH interventions in
Africa, looking at the structural programs.

1680
02:57:15.200 --> 02:57:18.639
Well, but the history of it
all, Where where is the ims coming

1681
02:57:18.760 --> 02:57:22.120
from? Are the bad local for
Egeria, I mean the spaces. I

1682
02:57:22.120 --> 02:57:26.040
agree that it's not the imf per
se, is the implementation and the honesty

1683
02:57:26.120 --> 02:57:30.360
at the competence of the local politicians, the Metermians. If I am at

1684
02:57:30.399 --> 02:57:35.360
policies work or don't work, they
haven't worked most times in Africa and Nigerian

1685
02:57:35.440 --> 02:57:39.399
particularists. I've worked in Asia Asian
crisis. I am up in the good

1686
02:57:39.479 --> 02:57:43.520
job there. So we really can't
blame all those farms for We're going to

1687
02:57:43.600 --> 02:57:46.280
get act together if we are borrowing, which use those fund for what they

1688
02:57:46.440 --> 02:57:52.799
I am marked for developing the infrastructure, creating wealth within Nigeria for Nigeria so

1689
02:57:52.879 --> 02:57:56.639
that we can then be able to
go back if possibly An attacks in Nigerians

1690
02:57:58.000 --> 02:58:01.239
to generally pay those two notes iron
it's not split in my opinion. You

1691
02:58:01.280 --> 02:58:05.760
guys are also giving your own opinion. That's what the cope is all about.

1692
02:58:05.040 --> 02:58:09.319
We give opinions, we share and
we learn. Thanks for being here

1693
02:58:09.360 --> 02:58:13.760
guys for nearly three hours. We'll
be here again next week. Sit on

1694
02:58:13.879 --> 02:58:18.000
the topic we're talking about, of
course, your money, your economy and

1695
02:58:18.159 --> 02:58:20.959
your finance and how that's going to
be personal to you know other guys.

1696
02:58:20.000 --> 02:58:22.440
I'm an answer if you want to
get my book, it's on an Amazon.

1697
02:58:22.559 --> 02:58:28.000
Let's talk about your money. It's
all pestal finance during two years experience

1698
02:58:28.440 --> 02:58:33.600
US and America, from crypto to
savings, to real estates to ETFs,

1699
02:58:33.680 --> 02:58:37.040
all in there. How you can
do it in my simple language with pictures.

1700
02:58:37.520 --> 02:58:41.479
Are those like pictures? Another guys, I'll see you guys next week.

1701
02:58:43.399 --> 02:58:46.840
Keep it simple, give it simple. Guys. Have a good one.

1702
02:58:46.959 --> 02:58:48.159
Love your b