However, it is clear that all Nigerians are justifiably angry. By Nigerians I refer to the majority of people who have their own hands in their own pockets!
Despite the fervent uproar that heralded this unpopular government policy, some things have been achieved. What amazes me is the speed at which these two things have been achieved:
The government has been a big lie, its policies a poignant reminder of the wickedness of man to man and its appetite for waste compares only to Usain Bolt’s abilities to break his own world records over and over again. Subsequent Nigerian governments have elevated corruption and wasteful spending to a new art form. No stable nation competes with us in this genre, we are record breakers!
Miraculously too, our leaders also forgot to build additional refineries to cater for the burgeoning population. Our three refineries were built when Nigeria’s population was about eighty million people. While we doubled in size, our leaders were more focused on lining their own pockets than planning for a growing population.
This problem of lack of internal capacity to refine crude oil is perennial, just that the politicians took over and devised a clever way of making money from their own incompetence.
Our internal debt is 5 trillion naira. External debt is back to 35 billion dollars. Excess crude oil account is down to zero. We are broke yet the only rich people in Nigeria are politicians and some pastors. Politicians who earn more than every other earthly government and pastors who collect earthly money, lay hands on and promise heavenly bliss to men of shady character. Some of these super rich pastors are not saying anything now. Some of them are speaking as a matter of expediency. Some of them have private jets with which to fly out of Nigeria. They share that same luxury with the dirty politicians they bless and celebrate with front row seats in their churches.
I have posted a new entry on how our money is stolen through overblown and unrealistic budgets. I picked out line items from the budgetary allocations of the office of the Vice President in the 2012 budget. Please read that post. It makes interesting reading.