Minister of Finance, Dr. Ngozi Okonjo-Iweala
•Says insurgency will impact Nigeria’s GDP
•Soyinka: Sect’s carnage makes Nigeria’s break-up unlikely
By Obinna Chima with agency report
The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said that the federal government has adopted a three-pronged approach to ensure the safety and security of lives and property particularly in the North-east states where Boko Haram attacks have been prevalent.
The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said that the federal government has adopted a three-pronged approach to ensure the safety and security of lives and property particularly in the North-east states where Boko Haram attacks have been prevalent.
Making this known yesterday in London when she briefed the British
parliament on the Safe Schools Initiative, the minister said: “We are
taking a three-pronged approach to dealing with the various dimensions
of crisis, and this includes security, political and economic solutions.
“On the security front, our military men and women are confronting an
unprecedented challenge that they were not really trained to confront
and so we thank them for their courage and bravery. The President,
Commander-in-Chief of the Armed Forces, has increased the number of
troops that are in the North-east from 15,000 to 20,000.
“Regional cooperation on security has gotten better following a
decision by neighbouring countries: Chad, Cameroun, Benin, and Niger, to
each contribute a battalion of soldiers, to fight Boko Haram alongside
Nigeria.
“President Goodluck Ebele Jonathan has accepted offers from the
international community for more surveillance, aircraft cover, and
equipment that enhances our ability to locate, fight and root out
insurgents.”
These efforts, she assured the UK parliament, were beginning to make a
difference, intimating them that Nigeria’s security forces busted a Boko
Haram intelligence unit only two days ago.
“More of these counter-insurgency actions will be forthcoming. We are
prepared to do whatever is necessary today, tomorrow and in the future
to secure the country,” she added.
“On the political front, we are working with state governments,
traditional and religious leaders within the most affected regions of
the country, to encourage dialogue with the sect.
“The president set up a Dialogue Committee that is working behind the
scenes and also a fact finding committee on the Chibok girls in
particular.
“And finally on the economic front, given some linkages between the
insurgency and high youth unemployment, we are trying various schemes to
assist the youth in the region where possible.
“Using monies from our Subsidy Reinvestment Programme (SURE-P), we are
implementing a Community Services Scheme that engages the youth in
public works (we have so far recruited 11,500 youth into this programme –
4000 in Borno, 3500 in Adamawa and 4000 in Yobe State).
“We also have YouWin, which is supporting hundreds of young
entrepreneurs with grants so they can start up a business or expand
existing ones to create jobs for their fellow youth.
“Over the longer term, the government will vigorously pursue economic
empowerment in the region through a Presidential Initiative for the
North East (PINE) which is currently being developed,” the minister
said.
She, however, told the British legislators that the president had
instructed her to work with the international community, led by former
British Prime Minister and UN Special Envoy for Global Education, Gordon
Brown, and the Nigerian business community, led by the Chairman of the
Dangote Group, Alhaji Aliko Dangote, and President of the Newspaper
Proprietors Association of Nigeria (NPAN) and Chairman/Editor-in-Chief
of THISDAY Newspapers, Mr. Nduka Obaigbena, in an initiative to make our
schools safer.
“Every child is special, every child precious, every child unique.
While we will never give up on the effort to locate the Chibok girls, we
must also assure parents, pupils and teachers that schools are safe.
Children and teachers must be again free to go to school unharmed and
unafraid.
“So the Safe Schools Initiative is designed as a nationwide
intervention programmes that will prioritise schools in states under
emergency rule like Borno, Adamawa, and Yobe.
“To this effect, the Nigerian private sector has set aside US$10 million for this initiative and the Nigerian government has immediately matched that with another US$10 million.
“To this effect, the Nigerian private sector has set aside US$10 million for this initiative and the Nigerian government has immediately matched that with another US$10 million.
“We are aiming for a fund of US$100 million and we have received
indications of support from the World Bank, the African Development
Bank, DFID, and the Norwegian and German Governments towards the
initiative,” she stated.
Okonjo-Iweala stressed that schools must never be instruments of war,
nor battlefields for terror campaigns, noting: “While we do not aim to
turn our schools into fortresses, the Safe Schools Initiative will rely
on needs assessments to deploy measures that will either upgrade
existing security systems in schools or put in place new systems where
they currently do not exist.
“These measures could range from the basic, such as perimeter fences,
toilet facilities for girls, use of fire retardant materials in
reconstructing schools, housing for teachers, community policing and
school guards, to more sophisticated measures like alarm systems,
communication equipment, and solar power panels to ensure schools are
well lit,
"Whatever needs to be done to make all our schools safer and more secure we will consider. We will work with state governors, community leaders, teachers and parents to achieve the objectives of this initiative.”
"Whatever needs to be done to make all our schools safer and more secure we will consider. We will work with state governors, community leaders, teachers and parents to achieve the objectives of this initiative.”
She thanked the former British prime minister for his support in
setting up the Safe Schools Initiative, and for his leadership of the
international community on education for children, and indeed his
efforts to get all of Nigeria’s 10.6 million “out of school” children,
into schools.
She informed the parliament that the Safe Schools Initiative is just
one of a three-part effort the federal government recently launched to
deal with the crisis in the short term.
The other two, she said, are the Emergency Relief Initiative that will
step up support by our National Emergency Management Agency (NEMA) to
over 3 million displaced persons and communities through the provision
of emergency accommodation, food, basic healthcare and other relief
items as needed; and the Reconstruction and Rehabilitation Initiative,
that will help rebuild public infrastructure that have been destroyed by
the insurgents.
Members of parliament who listened to her speech included Brown; Rt.
Hon. Harriet Harman MP, Deputy Leader of the Labour Party; Rt. Hon. Sir
Malcolm Bruce MP, Chair of the International Development Committee; Rt.
Hon. Justine Greening MP, Secretary of State for International
Development; Alison McGovern MP, Shadow International Development
Minister; and Meg Hillier MP, Chair of the All Party Parliamentary Group
on Nigeria.
Others present were Baroness Glenys Kinnock, former Foreign Office
Minister responsible for Africa; Baroness Sue Nye, former Head of
Government Relations to UK Prime Minister Brown; Lord Jim Knight, former
Education Minister; Lord Paul Boateng, former Chief Secretary to the
Treasury and former High Commissioner to South Africa; David Bull,
Executive Director, UNICEF UK; and Rt. Hon. Andrew Mitchell MP, former
UK International Development Secretary.
Also, Glyn Davies MP, Phil Wilson MP, Sharon Hodgson MP, Dianne Abbott MP, Chi Onwurah MP, Lindsay Roy MP, Jim Sheridan MP, Lord Murray Elder, Ann McKechin MP, Valerie Vaz MP, Anne McGuire MP, Barbara Keeley MP, John Randall MP, Lynn Brown MP, Sandra Osborne MP and Lord Ian Blair, former Metropolitan Police Commissioner, were at the parliament during the minister’s presentation.
Insurgency to Impact Nigeria’s GDP
Also, Glyn Davies MP, Phil Wilson MP, Sharon Hodgson MP, Dianne Abbott MP, Chi Onwurah MP, Lindsay Roy MP, Jim Sheridan MP, Lord Murray Elder, Ann McKechin MP, Valerie Vaz MP, Anne McGuire MP, Barbara Keeley MP, John Randall MP, Lynn Brown MP, Sandra Osborne MP and Lord Ian Blair, former Metropolitan Police Commissioner, were at the parliament during the minister’s presentation.
Insurgency to Impact Nigeria’s GDP
Similarly, the minister on Tuesday revealed that the Boko Haram
insurgency will slow down Nigeria’s economy again this year, knocking
half a percentage point off growth like last year, adding that her 6.75
per cent 2014 growth forecast took this into account.
Ngozi Okonjo-Iweala told Reuters that while the violence in the
North-east might put off some potential foreign investors, those who are
in Nigeria for the long-term seem to be holding their nerve, just like
portfolio investors in its government debt.
“We are expecting about 6.75 (per cent growth in 2014) and we have
accounted for the impact of the insurgency which we think will take half
a percentage point off GDP growth,” she said in an interview during a
visit to Berlin, Germany.
Nigeria overtook South Africa as the continent's biggest economy this
year, following a rebasing calculation that almost doubled its gross
domestic product.
The economy grew about 6.4 per cent last year, the minister said, with
the Islamist rebels having most economic impact on agriculture in the
North-east.
The economist and former World Bank managing director said her talks
with German Finance Minister Wolfgang Schaeuble emphasised “our strong
fundamentals despite the challenges that we face”.
She sought his support for the creation of a new Nigerian development
bank to improve financing to small and medium-sized private enterprises
which could become an “engine for growth” as the country seeks to
diversify its economy away from oil.
Rebasing the country’s GDP had revealed hidden strength in sectors such
as services and telecoms, which had “gone to 0.7 per cent of GDP to 7
per cent” and was seeing strong growth, said the minister.
She said the creation of a secondary mortgage market could help kick
off growth in housing, another sector that she hoped could “help to make
up for some of the lost growth”.
The minister cited government bonds yields of 4 to 5 per cent as
evidence that financial investors were not panicking: “The prices are
quite reasonable which is an objective assessment that investors may be
looking at the long-term underlying fundamentals of the economy, which
are strong.”
However, some potential foreign direct investment might be affected
negatively by the Islamist insurgency, she said, but existing investors -
especially those from emerging powers such as South Africa, China and
Brazil - were proving resilient.
“Part of our turbulence may also be linked to the upcoming election (in 2015),” the minister said. “Whenever we have elections there is always some increase in violence and disturbance.”
“Part of our turbulence may also be linked to the upcoming election (in 2015),” the minister said. “Whenever we have elections there is always some increase in violence and disturbance.”
Boosting the regional economy is part of President Goodluck Jonathan’s
response alongside counter-insurgency efforts and attempts at dialogue
with Boko Haram, which was hampered by the fact that “they have not
articulated any political demands”.
Soyinka: Nigeria’s Break-up Unlikely
Meanwhile, Soyinka, speaking to Reuters at his home in Abeokuta, Ogun State, has said Nigeria is suffering a greater carnage at the hands of Islamist group Boko Haram than it did during a secessionist civil war, yet this has ironically made the country's break-up less likely.
Soyinka: Nigeria’s Break-up Unlikely
Meanwhile, Soyinka, speaking to Reuters at his home in Abeokuta, Ogun State, has said Nigeria is suffering a greater carnage at the hands of Islamist group Boko Haram than it did during a secessionist civil war, yet this has ironically made the country's break-up less likely.
Soyinka said the horrors inflicted by the terrorists had shown
Nigerians across the mostly Muslim north and Christian south that
sticking together might be the only way to avoid even greater sectarian
slaughter.
The bloodshed was now worse than during the 1967-70 Biafra war when a secessionist attempt by the eastern Igbo people nearly tore Nigeria up into ethnic regions, he added.
The bloodshed was now worse than during the 1967-70 Biafra war when a secessionist attempt by the eastern Igbo people nearly tore Nigeria up into ethnic regions, he added.
“We have never been confronted with butchery on this scale, even during
the civil war,” Soyinka said in his front room, surrounded by
traditional wooden sculptures of Yoruba deities on Tuesday.
“There were atrocities (during Biafra) but we never had such a near
predictable level of carnage and this is what is horrifying,” said the
writer, who was imprisoned for two years in solitary confinement by the
military regime during the war on charges of aiding the Biafrans.
Soyinka, a playwright and one of Africa's leading intellectuals who
still wears his distinctive white Afro hairstyle, turns 80 in two weeks.
He was awarded the Nobel Prize for Literature in 1986, the first
African writer to receive it.
A million people died during the Biafra war, though mostly through starvation and illness, rather than violence.
A million people died during the Biafra war, though mostly through starvation and illness, rather than violence.
Boko Haram's five-year-old struggle to carve out an Islamic state from
its bases in the remote northeast has become increasingly bloody, with
near daily attacks killing many thousands.
The conflict's growing intensity has led Nigerian commentators to
predict it may split the country, 100 years after British colonial
rulers cobbled Nigeria together from their northern and southern
protectorates.
“I think ironically it's less likely now,” Soyinka said. “For the first
time, a sense of belonging is predominating. It's either we stick
together now or we break up, and we know it would not be in a pleasant
way.”
Several regional movements have launched low-level independence
campaigns that get little national attention. But Soyinka said fewer
people were shrugging off Boko Haram’s menace.
“It’s almost unthinkable to say: ‘Well, let's leave them to their devices.’ Very few people are thinking that way.”
Attacks spreading southwards, including three bombings in the capital since April, showed it is not just a northern problem.
“The (Boko Haram) forces that would like to see this nation break up
are the very forces which will not be satisfied having their enclave,”
he said. “(We) are confronted with an enemy that will never be satisfied
with the space it has.”
Soyinka blamed successive governments for allowing religious fanaticism
to undermine Nigeria's broadly secular constitution, starting with
former President Olusegun Obasanjo allowing some states to declare
Sharia law in the early 2000s.
“When the spectre of Sharia first came up, for political reasons, this
was allowed to hold, instead of the president defending the
constitution,” he said.
Soyinka sees both Christianity and Islam as foreign impositions.
“We cannot ignore the negative impact which both have had on African society,” he told Reuters. “They are imperialist forces: intervening, arrogant. Modern Africa has been distorted.”
“We cannot ignore the negative impact which both have had on African society,” he told Reuters. “They are imperialist forces: intervening, arrogant. Modern Africa has been distorted.”
He added that while the leadership of Boko Haram needed to be
“decapitated completely”, little had been done to present an alternative
ideological vision to their “deluded” followers, driven largely by
economic destitution and despair.
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