Wednesday, June 23, 2010

Nigeria: On The Road To 50 #5

#5. We must eradicate poverty and revamp the calamitous state of our social and physical infrastructure. Poverty eradication means economic revitalization which subsequently leads to job creation and income generation for the people. Our local manufacturing industries must be overhauled and this can only happen when there is adequate physical infrastructure such as good roads networks. The need for power to run processing machinery can’t be overemphasized.
The Transparency International* currently ranks Nigeria 130 among 180 countries using its corruption perception index (CPI**) (i.e. 50th most corrupt country in the world, holding the same position with seven others: Honduras, Lebanon, Libya, Maldives, Mauritania, Mozambique and Nicaragua). The CPI is based on 13 independent surveys.
As we come of age and on the road to 50, it’s never too late to implement reforms. The government must do more to ensure equilibrium in income and wealth distribution among the citizens. Effort should be made to implement policies and programmes that mitigate corruption while simultaneously and concurrently promulgating those that serve to uphold the dignity of labour as well as provide mechanism to rewards good conduct in public offices.

Seun Oyeniran.

*Transparency International Corruption Perceptions Index: A country or territory’s CPI Score indicates the degree of public sector corruption as perceived by business people and country analysts, and ranges between 10 (highly clean) and 0 (highly corrupt),
** The CPI is based on 13 independent surveys. However, not all surveys include all countries.

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