yeah

really

the BASIC TRUTH is
that

arguments can be made

FOR
i.e
IN SUPPORT OF

and/or

AGAINST
i.e
CONTRARY TO

any

IDEA
CONCEPT
VIEW

PRACTICE
PROCEEDURE

however

COMMON SENSE
( where it exists )

and

FAIR UNBIASED ASSAY
of

the RESULTS of
the CHOSEN LINES OF ACTION

tend to demonstrate the

OVERALL EFFICACY
or
OTHERWISE

of the CHOSEN LINES OF ACTION

and this applies
i.e
this is applicable to

virtually
EVERY AREA OF LIFE

including
the management of National Economies

and it is
for this reason that
personally
i stand resolute
in my view
that

irrespective of
any and all pronouncements
by

any and all persons whatsoever

whether learned and erudite in matters of economics or not

that
in the instance of Nigeria

A CONDUCIVE ENVIRONMENT
FOR
INVESTMENT TO THRIVE IN
IS
A NECESSARY CONDITIONALITY
THAT
MUST BE

ACHIEVED
AND
CONSISTENTLY MAINTAINED

FOR
THE STANDARD OF LIVING
AND
THE QUALITY OF LIVING
OF
THE ORDINARY NIGERIA RESIDENT

TO BE POSITIVELY IMPROVED

look,
Moriah Mills ohbee nm ( obi nm) ( obim ),
there is
something called

I.T.K
I.T.K PEOPLE
I.T.K FOLKS

here in NIGERIA.

I.T.K = I TOO KNOW

which
IN SENSE OF MEANING
translates

SUPERFICIALLY

as

I KNOW EVERYTHING AND ALL THINGS

I KNOW EVERYTHING AND ALL THINGS AND THERE IS NOBODY IN THE WHOLE WORLD WHO KNOWS AS MUCH AS ME ON ANY ISSUE WHATSOEVER ON EARTH

I KNOW STUFF MORE THAN EVERYONE ELSE IN THE WHOLE WORLD

and

which
FURTHER translates
IN SENSE OF MEANING

IN GREATER DEPTH

as

I BELIEVE I KNOW EVERYTHING
AND
I BELIEVE I KNOW ALL THINGS
BUT
IN ACTUAL FACT
I AM INCOMPETENT IN THE SUBJECT MATTERS UNDER DISCOURSE AND I HAVE NO REAL COMPETENCE IN THE SUBJECT MATTERS UNDER DISCOURSE

I BELIEVE I KNOW EVERYTHING
AND
I BELIEVE I KNOW ALL THINGS
AND
I BELIEVE THAT THERE IS NOBODY IN THE WHOLE WORLD WHO KNOWS AS MUCH AS ME ON ANY ISSUE WHATSOEVER ON EARTH
BUT
IN ACTUAL FACT
I AM INCOMPETENT IN THE SUBJECT MATTERS UNDER DISCOURSE
AND
I HAVE NO REAL COMPETENCE IN THE SUBJECT MATTERS UNDER DISCOURSE

I BELIEVE I KNOW STUFF MORE THAN EVERYONE ELSE IN THE WHOLE WORLD
BUT
IN ACTUAL FACT
I AM INCOMPETENT IN THE SUBJECT MATTERS UNDER DISCOURSE
AND
I HAVE NO REAL COMPETENCE IN THE SUBJECT MATTERS UNDER DISCOURSE

Moriah Mills nnmah nm,
these
I.T.K FOLKS
I.T.K PEOPLE

are many
are everywhere

and some of them
possess and wield

great influence
great command
great authority

in diverse spheres of NIGERIA LIFE

historically
and
currently

and since
they ALL tend to have and exhibit
THE GENERAL COMMONALITY
of
being ABLE TO ARGUE
from Morning till Night
365 Days a Year
on any issue under the sun
EVEN WHEN IT IS VERY CLEAR
THAT THEY ARE
TALKING PURE NONSENSE

it is usually better here in NIGERIA
to have FACTS

so that

when
the I.T.K PEOPLE
the I.T.K FOLKS
start

their
energy draining arguments
time consuming arguments
time wasting arguments

and
FOLKS WHO HAVE
SOME AMOUNT OF COMMON SENSE

look at the issues

they can quietly come to the conclusion
that

all these I.T.K PEOPLE
all these I.T.K FOLKS

are doing NONSENSE
are talking NONSENSE

are doing RUBBISH
are talking RUBBISH

so
Moriah Mills ormahleechar nm ( omalicha nm ) ( omalicham ),
on

THE DEVALUATION OF THE NIGERIA NAIRA
AND
THE EFFECTS OF THE DEVALUATION OF
THE NIGERIA NAIRA
ON
NIGERIA AND NIGERIANS
ECONOMICALLY
SOCIALLY
SOCIO-ECONOMICALLY

i will not
in this instance
proceed along the route of
referencing
VALID OBSERVATIONS
like

(1) INFLATION
SPIRALLING INFLATION
UPWARDLY SPIRALLING INFLATION
CONTINUING INFLATION
CONTINUOUS INFLATION SINGLE DIGIT INFLATION DOUBLE DIGIT INFLATION TRIPLE DIGIT INFLATION

(2) DECREASE IN THE PURCHASING POWER OF THE NAIRA

(3) EROSION OF DISPOSAL INCOME FOR INDIVIDUALS AND HOUSEHOLDS
LOSS OF DISPOSAL INCOME FOR INDIVIDUALS AND HOUSEHOLDS

(4) CLOSURE OF COMPANIES, MANUFACTURING ORGANIZATIONS, ETC

ETC, ETC, ETC

as I have no disposition
to receiving
response arguments
overflowing with TOMFOOLERY
from any I.T.K FOLKS ( I.T.K PEOPLE )

INSTEAD

I will just tell you a thing or two,
Moriah Mills babe,
regarding one or two stuff
and
then ask one or two questions that will illustrate the point

Moriah Mills baby,
let’s start like this :

(1) there is a COMPANY in NIGERIA called UNILEVER PLC which was formerly called LEVER BROTHERS NIGERIA

this ORGANIZATION is known in NIGERIA for HOUSEHOLD ITEMS e.g soap, detergent, tooth paste, etc.

Moriah Mills ormahleechar nm, this COMPANY WAS known as a company that MANUFACTURED products RIGHT HERE in NIGERIA.

if my memory serves correctly
the company had a FACILITY at the
DOCK YARD AREA in
APAPA, Lagos State, Nigeria

and

some point later
had a FACILITY at
AGBARA in
Ogun? State, Nigeria

if i recall the rumours correctly
UNILEVER NIGERIA
SHUT DOWN MANUFACTURING
AT
AGBARA
( where it had shifted operations to from APAPA )
and
either MOVED IT’S MANUFACTURING TO GHANA
or BEGAN INSTEAD TO IMPORT PRODUCTS FROM UNILEVER GHANA FOR THE NIGERIA MARKET

now Moriah Mills babe, let’s ask some questions

(1.1) IF THE ENVIRONMENT IN NIGERIA WAS CONDUCIVE FOR UNILEVER WHY WOULD UNILEVER SHUT DOWN MANUFACTURING IN AGBARA AND MOVE INSTEAD IN THE DIRECTION OF IMPORTING FROM GHANA ?

(1.2) DOES ANYONE REMEMBER OR KNOW THE REASONS UNILEVER GAVE FOR EMBARKING ON THAT LINE OF ACTION ?

(1.3) WAS THE LACK OF REGULAR RELIABLE ELECTRICITY A CONTRIBUTORY FACTOR ?

[ TO BE CONTINUED ]

By sam

Samuel Ojekwe is essentially just your basic everyday fellow that you see in your neighbourhood while you go about doing your stuff and who, like you, wishes and hopes that the world becomes a better place for all of us.

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