Let's Pitch In On Ways That Nigeria Could Be Better. Perhaps It Might Be Implemented By Whatever Government Makes It In 2023. Let's Build The Future We Want The Next Generation To Live In.

one month ago419 views

Good day my fellow Nigerians. For a long time, other Nigerians and I have wished for a better Nigeria without the issues and unrest that plague it today. So I will ramble here for a bit, and hopefully, some of you can contribute. Don't mind written English.


I created this thread to share ideas between ourselves about how Nigeria can be better. If we all pitch in on saying the ways Nigeria could be better, perhaps it might be implemented by the next Government. Let us build the future we want the next generation to live in.


You can list the country's problematic areas and possible solution(s). If we give out impressionable, good points, I hope this topic trends on social media and we garner the attention of the right people.


I'll go first. I believe Nigeria needs to be built on regulation, not just any law or a new agency but a self-correcting one. What do I mean? I mean, we need rules for the arms of Government that are constantly reviewed on a case-by-case basis. Each state has to decide if its civil servants(including the governor) have been doing their part. And if they are found lacking because of oversight or willful intent, charges should be laid immediately.


And on this matter of federal correction, instead of a lengthy judicial process with bailouts and long postponement of hearings, public members would be required to serve as the jury and issue their statements on how they'd judge general matters. 


We would also need to make up for the correctional facilities, which have workers cutting grass in most places and are underfed, by giving inmates a choice to work in specific sectors of the society for reduced sentences. Or to garner up credits in a credit system to afford certain luxury items in the prison marketplace. That is to say, a closed legal economy in correctional facilities would give social labor in exchange for a better standard of living or reduced sentences. 


A group may be released under supervision to build/repair roads, help as human resources to build factories, etc., and each has a unique benefit in their participation.


The next would be the Nigerian economy and how we fail to attract investors along with dwindling innovation. We need to set up a nationally recognized payment system like PayPal that is easy to use, globally recognized, and taxable, where Nigerian entrepreneurs can easily collect foreign currencies. 


We would also need to implement measures to keep/retain these funds in the banks by placing a withdrawal tax that slowly reduces from 40% downward each quarter of the year. If you earn $100, $40 is taxed for the immediate withdrawal, but in Q4 of the year, if you don't withdraw, you're only taxed $10, and if it extends beyond that year, you pay only $5. Then beyond the taxation element, we'd need to reward holding money in the bank with Treasury bills for savers with rates 5% above the current inflation rate after five years, and it caps at 20% for certain income earners after 20 years. 


This is for certain income earners so as not to cause a bank run or gaming of the system by people with more financial weight making 20% above the inflation rate and manipulating the market. One could even lose 40% if found to be market manipulation.


For people with low wages looking for better opportunities, IT skills acquisition camps can be implemented in the country where the best industries train them. Nigeria can afford it, and interested candidates will be given opportunities for real-world projects to tackle through a credit loan system where they gain IT employment. And their income is taxed to cover the money used to teach them said skills. I see huge gains for Nigeria with this in the long run.


Another area that could be better in Nigeria is the import/export of food, electronics, cars, etc., along with agriculture. I'm bundling all this because I'm in a hurry, but I will try to break them down.


The Nigerian domestic market needs an invoice system that regulates prices according to how the final product reaches the consumer. Companies are to pay NAFDAC for quality tests. After certification, the cost of production per batch would become a mean value of adding this metric along with a fixed price for the distance covered by the retailer, which should not exceed 9% of the average cost of the product prices within the country. Hence, no one region has products being sold at outrageous prices. 


The manufacturer gets 4.5% of the total cost, and the retailer receives another 4.5%. Raising prices/lowering fees without any cause from the cost of production would attract a fine.


On the importation and exportation of goods in the country, there needs to be another invoice/inventory system put in place with our NIPOST service. We have indexed the prices of items bought by local suppliers or manufacturers to regulate the costs of selling those items.


For agriculture, there would need to be an expansion in the types of crops being cultivated. Nigeria must identify and produce luxury and high-quality food items worthy of export. Items similar to Japan's Wagyu beef that sells for millions of naira per kg, Golden mangoes that sell for the price of cars, etc. This may be done by a comprehensive survey done by agricultural professionals in academia who'll have to use the thousands of wasted research papers to pinpoint viable strains and species unique to Nigeria, which can fetch a high price on the global market. We have all observed special foods in Nigeria like maize which grows on poor soils, and carrots sweet like sugar, where foreigners who followed the same rebrand such items and sell them the world over or create unique delicacies through careful breeding programs.


In addition, Nigeria needs a payment network unique to African countries parallel to SWIFT, which can avoid sanctions and link all payment systems to one NIN.


Low-income earners can also save a certain percentage of their income in dollars for 15 years, which would be locked away in exchange for a work visa to an African country or elsewhere; after that 15 years, this account can be transferred to a child or close family member. This would give them a chance for more significant opportunities as the money locked away would be released to them at specific percentages, untaxed or taxed fully at 40% if they decide to make use of it in full.


Government budgets are also to be revised yearly. If the Government cannot utilize its whole budget, it would be reduced the following year, and the excess locked and used to pay retirees and other employer bonuses.


Overspending on a budget should be investigated, and if found to be legitimate, the following year's budget increased. The increase/decrease of these budgets would be governed by whatever federal reserve system controls money printing in the country. Suppose a state seems to be overspending beyond its productivity. In that case, it'd have to be queried and no further funds released until that state absorbs the excess money supply to quell its inflation below acceptable limits. Wages are to be paid consistently; failure to do so would result in the selling off of federal assets to meet up or a bailout loan by the CBN. The state would then have a quantitative tightening mini recession till the next budget arrives.


Wages are to match the current exchange value of the naira concerning the new GDP, which would be an index of oil, precious metals, and export.

Losses from trading cryptocurrencies or stocks would negate the amount of taxes paid. The more you lose on the market, the less you pay in taxes; you even pay nothing if you lose everything. Of course, you'd be fined heavily if found to be lying or misrepresenting your losses by the IRS.


I may not remember all the points I've raised over the years, but I'll leave this here and post more. PLEASE REVIEW, ADD, OR CRITICIZE. Let's use our heads to structure a better Nigeria.

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Replies(4)

NigeriaLast activity one month ago

My brother, I know what you mean. I am ashamed anytime I hear a country say stories about the evil some Nigerians have done and are doing abroad. We can't stop it all from happening, but doing nothing if you agree or not is playing to the tune of those who give us bad names. A working society stomps corruption immediately after a citizen raises a red flag.


Our NIN should easily be able to trace and track Nigerians in the diaspora who're trying to defraud people. The system isn't just working the way it should. The payment systems and banks with KYC should also be able to trace and track ill-gotten gains if audited regularly.


We have become used to the oppression/corruption dynamic to the extent it has become "cruise," "playing smart," and other positives. Bro, an idea festers the more you give it good merit. If the price for corruption were heavy, many people would think twice about the little things like collecting money from commercial vehicles.


Imagine doing hard labor for six months over a 10 naira bribe. But, political execs do zero prison time for a 10 billion naira bribe. 


We need the restructuring of all these from the top. We must sit down and code specific measures to reduce criminal excesses into law.

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I agree with you; unfortunately, this issue permeates our society. We are all guilty, including me. So how do we make it unacceptable to do these things? I don't think the punishment is the way. We have to decide as a society that it is terrible and unacceptable. We have to find a way to make it taboo. Last year, I wanted to start something called "No Wayo Day." A single day, when NO ONE takes a bribe, lies, cheats, or does anything shady. Just one day out of the 365 in a year! Maybe if it's successful, we can extend it to 1 week, then one month after a couple of years. But we need to rediscover trust and respect.

NigeriaLast activity one month ago

Excellent points. I can see that you have thought about this and have some great ideas. But we need to take a step back and consider a fundamental question: "Do we trust each other"?


All the things you mention above require a baseline of Trust and Respect to work. I have traveled to Thailand, China, Central Asia, and the Philippines, and I walked about there, rode Okada, entered villages, etc., in a way that I would not attempt in Naija. I go to my town, and I can't sleep in my grandmother's house because I have to stay one step ahead of the robbers or kidnappers.


In business, it's a challenging environment because there is no trust and respect. People will defraud you as per usual. It becomes impossible to have a functional business climate. I know many Nigerian friends who have tried various business ventures, including a trucking logistics company, fish farm, game hall, and importing premium shirts. All failed after hundreds of thousands of dollars of investment because Nigerians were dishonest and defrauded them.


How do we solve this? I don't know. But we need to do this first.

P.S. I was in Kyrgyzstan, and when I told them I was from Nigeria, they told me that a year ago, a Nigerian had lived there for a few years teaching English, got many students to pay $3,500 each for a "study abroad program in Canada", but had disappeared with the money. I was ashamed. How do we solve this?

Anonymous

one month ago

NigeriaLast activity one month ago

Though I am biased in thinking one Nigeria is still a good thing, I do see the other side. The northern parts of Nigeria have become backward in thinking, and most are home to religious zealots who don't like change. It would be nice to divide us and have the rest lead a so-called "brighter future."


But don't you see that fractioning off Nigeria would fuel the flames for more intolerance? As if either side sees the rest prosper, it may seek to undermine it through terrorism and other tactics.


In my view, we need to reign in all of Nigeria, and the state law is first before your religion or beliefs as it creates the same environment for you to practice it freely.


The new Nigeria would have federal justice in all states, and we need to sidestep religious courts if allowed to fester into the future. We'll have to enable "Abrahamic law," "Hindu law," etc., as no one religion should have precedent over what law should be practiced.


A middle ground should be at whatever age of consent a state agrees on; that individual chooses what court system should have precedent over them. 


We should accept that we made mistakes with Biafra and apologize to the Igbos, and let's not open back old wounds for realities long gone. You can be Igbo and take pride in yourself and your tribe's accomplishments; your land is also everywhere as a Nigerian. This is your home.

NigeriaLast activity one month ago

I want to add some more things. The more definite ones are:

Universal human rights (like those defined in the UDHR) must be explicitly outlined in the constitution, also considering possible first contact with other intelligent species in the universe. The constitution must also explicitly explain and use the scientific method, considering our evolving understanding of the universe. The constitution must also mandate coexistence with the environment so that we don't turn our country into a barren wasteland as we develop it further.


For elections, ranked-choice voting must be used over the single-choice vote. It gives minor parties a higher chance to displace current ones and thus mitigate dominant two-party stagnation. Term limits must be mandatory for all elected offices without exception.


Worker cooperatives must be promoted over traditional business structures to help democratize the workplace. This is in response to Jeff Bezos and other absurdly wealthy billionaires with immoral business practices.


And these are more theoretical:

I recommend that the government be decentralized to the local council level, where state and federal governments are subordinate to local councils instead of the other way round, like in a confederation. As citizens are closer to local councils than the federal and state governments, flipping the hierarchy of power upside down gives citizens much more power over their own lives. It also helps local councils deal with local issues more quickly than higher-level governments. Significant projects like a space program or a train network can still be achieved, primarily through state or federal governments with the permission and coordination of local councils.


The military had been the cause of multiple coups and dictatorships, so it must be split up and assigned to each local council. If one local council becomes a dictatorship, the others can quickly form a temporary high command and intervene to bring it down. The nature of local councils makes dictatorships unlikely, however.


The federal government departments would also be a confederation of local council departments to coordinate local efforts rather than top-down decisions.


The whole point of decentralizing everything yet remaining united as a confederation is to prevent the concentration of power. Concentrating power is what dictators want, and it's how outside forces can control the country more effectively.

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