Nigerians of a certain age group who have not fetched water from a borehole at 5am will make a policy that affects millions of young people, then be condescending when the affected group highlights their bad ideas
Joe Abah's NYSC 6-week thing is an example of this
You are making recommendations to NYSC but you did not add Increasing the Corper Salaries to match modern Day Economic hardships. Even the N70k minimum wage is being reviewed today. And you want Nigerian youth to take you Serious? You are a very wicked Human being @DrJoeAbah 🤬🤡
Joseph Abah and that yellow boy from Abia state that was carrying the Deputy Speaker's handbag? at Sanwo Olu's birthday na the same thing
They are more dangerous than full fledged evil idiots like the miscreant Wendell Slimlin @renoomokri
The danger is their ability to appear like one of the people. They are smart, subtle in speech, manner and never have conflict with anyone. They never take a side, but somehow, they are always working for those that destroy thru country.
It's kinda @toluogunlesi esque. But Tolu never really get level so his potential to harm is limited.
@DrJoeAbah and Samuel @hartng think say I no go call them by name.
Samuel especially, boasted serving 3 terrible governors of Abia State and while people abhored the governors, he had a pass and they kikikied with him.
Joseph's own is to form opinionated but sits on the fence only when it's time to speak truth to power then feigns "technocrat".
Our problems in Nigeria are plenty and we need tk call them by name.
This nysc reforms makes no sense.
Doubling the stay in over crowded camps signals it wasn't well thought about thoroughly. It's befuddling seeing how this will succeed.
@NigAffairs@woye1 This is unprogressive and inconsiderate.. Why don't they listen to what the citizens want.
Scrap this scheme once and for all not waste more money and people's time and livelihood trying to prove a point
Aloy Chife: "The U.S. government through its Commercial Service and Embassies, has left no stone unturned to make this project successful.
Can you guess what it takes to secure a regulatory license in Africa? 3- 4 years of undiluted pain and a boatload of money. (The process takes about 3 months here in the U.S.)"
Sir, please permit me to enlighten you that just because a commercial service desk or a foreign embassy approved your big, beautiful project does not mean anything in the brutal grand scheme of global finance.
An embassy's singular job is to protect the public image of their home country and project soft diplomatic power. They will definitely write glowing recommendations in colorful brochures, they will shake your hand for the cameras, and they will invite you to elite networking dinners, but technically speaking, that diplomatic applause does not mean anything.
The embassy decides nothing.
The Federal Reserve and the US Treasury decide everything, and no international financial platform is considered viable or "concrete" until it is structurally built to ensure the U.S. Treasury has no reason to veto, sanction, or completely destroy it.
Commercial banks in Africa and the rest of the Global South know and understand this. They are not foolish people.
They will not roll out a red carpet for you just because a naive rookie in an irrelevant US diplomatic agency rubber-stamped your paperwork. The reason these local banks take so much time, the reason they drag their feet on compliance, is because they have to be meticulously detailed and extremely thorough in their risk analysis. Any slight mistake, no matter how practically irrelevant, gives the US Treasury the power to abruptly announce that the bank is facilitating international money laundering through your app. They will mercilessly cut them off from the SWIFT system overnight, their correspondent banking licenses will be permanently revoked, and the bank's stock price will plunge into absolute oblivion in a matter of nanoseconds.
The idea you have for Africa, which involves trying to build a sovereign financial app that African countries can use to facilitate cross-border payments and completely bypass the US dollar, is a very impressive one, but even you have to admit that it is not a profoundly unique idea.
Everybody knows we badly need that exact level of flexibility in our continental business. If I am a business owner in Lagos and I want to send money to a trade partner in Egypt, the money will first of all be forcefully converted to US dollars, it will be routed through a Western clearing bank, then sent to the Egyptian bank, where the bank in Egypt will convert it back to the local Egyptian pound. At the end of the day, we both collectively pay at least a 5-10 percent extortion commission to America simply for engaging in normal, bilateral African trade.
This financial arrangement is entirely suicidal, it is pure economic parasitism, and it obviously has to be completely scrapped before we can even begin to talk about genuine development across Africa. But do you really think you are the only one who has thought about this? Do you really think the elite tech teams at Opay are just blind fools who do not see this massive multi-billion dollar opportunity?
Opay is an established, heavily funded tech giant. They have massive pools of liquid capital, they have thousands of the most brilliant software engineers on their payroll, they possess impenetrable data servers, and they already hold the lion's share of the domestic digital payment market across multiple African states.
So they obviously possess the raw technical and financial capacity to handle this exact project efficiently. But they will not dare touch it. This is not because they are a circle of clowns, but because they fully know that global finance is not about a local embassy giving you a superficial approval. They know and understand perfectly well that the U.S. Treasury's absolute control over global transactions does not operate through active, positive approval, but rather through a silent, lethal veto power.
The US officials will gladly approve everything for you with a big, patronizing smile and even call you a tech genius. But as soon as that app becomes fully functional, as soon as it actually starts helping Africa grow and completely bypasses the dollar, the US Treasury will simply veto it. They will officially designate your platform as a high-risk entity, and every single commercial bank will immediately stop doing business with you because they know the terrifying details of how utterly ruthless the Federal Reserve is. You will then be forced to spend tens of millions of dollars to aggressively lobby corrupt US lawmakers to review the app just to prove your basic innocence. You will have to spend hundreds of thousands of dollars to hire a massive army of corporate lawyers to navigate the brutal Office of Foreign Assets Control regulations, to defend you against manufactured federal indictments, to testify before hostile congressional committees, and to desperately negotiate your survival against astronomical compliance fines.
By the time you manage to temporarily prove your innocence, you will have spent every single kobo in your pocket, your investors will have fled in absolute terror, and you will not even have any spare change left to keep the servers of your big, beautiful project running.
This is why Opay is strictly focused on local transfers, they know that app can operate completely independent of the U.S. Treasury only if it remains strictly local, low-value, and entirely disconnected from the global economy. Any attempt to do more than this is tantamount to opening the window to all manner of sanctions and indictments from the US treasury.
It is actually painfully funny that you genuinely believe it is our cautious African banks holding you back.
You actually believe that you have already gotten a genuine blessing from Washington to build a payment system that directly challenges their absolute financial hegemony in Africa and explicitly denies them the massive percentage commissions they steal from every single transaction we make here.
I am more than convinced that after they stamped their worthless approval on your file, the exact second you walked out of that air-conditioned office, they all burst out laughing at your monumental level of geopolitical delusion. America sends nuclear-powered submarines worth billions of dollars, highly advanced stealth fighter jets, lethal drone swarms, heavily armed Carrier Strike Groups, and CIA operatives to aggressively terrorize nations that dare to challenge the US dollar dominance in their region. And somehow, you naively believe they have given you their diplomatic approval to create a mobile app that directly challenges their absolute imperial primacy in Africa?
What do you actually think is the real reason America is ruthlessly blockading Iranian ports and forcefully cutting the Islamic Republic off from all international trade? Do you honestly think it is just about the crude oil? Oil is certainly important, but what is infinitely more important to the empire is the specific currency that the oil is sold in. America is violently invading sovereign nations, orchestrating bloody political coups, funding proxy wars, assassinating visionary foreign leaders, imposing crippling economic sanctions, and toppling legitimate regimes all to guarantee with absolute force that their fiat USD currency is exclusively used for global energy trades. This artificial global demand is the only thing that allows them to print trillions of dollars endlessly to fund their military without facing a severe, hyper-inflationary financial collapse at home. And somehow, you genuinely believe they have given you their honest approval to build a rival continental system, and that your local commercial banks, which are effectively nothing more than terrified subsidiaries of the main US financial empire, are the real problem here.
This is truly a breathtakingly bold, dangerously naive assumption, my dear Sir.