Pages

Our Search for Happiness

Our search for happiness is actually the search for God; it is the search for this Golden Age when Soul dwelt in the high worlds of Spirit and the high worlds of God.
-Harold Klemp

Wednesday, November 11, 2009

Deregulation and Regulation Campaigns

"If government under the “regulation” system is impotent to regulate the conduct of the mafia in the oil sector despite its numerous regulatory agencies, including the Department of Petroleum Resources, the NNPC and the Petroleum Products Pricing and Regulatory Agency (PPPRA) is it when the market is deregulated that it would develop the political will to regulate their conduct? Everywhere I turn, I see government throw its hands in the air claiming to be helpless to tackle basic challenges of governance such as sanitising a system or even calling its employees to order". By Owei Lakemfa in Vanguard Nov., 11, 2009

We have leaders who think with the brain of colonial masters, who are slaves of economic doctrines and know very little of the political economy of emerging nations. Our leaders who preached and executed SAP are back again and they know our economy could not be structured along any western model. They have sucked in the so-called national economic council and the economic summit group. I have searched everywhere and could not find any convincing document analyzing the issues from the national perspective. We must go to the next higher level, not the vicious cycle of the 80s and 90s. I want to read something about the govt definition of deregulation and the model which presents a clear framework. I want to read the blogs of Nigerian economists with dispassionate analyses. We must be knowledge-driven to build a great nation. Labour must not relent. We do not have a Legislature in this regard. Nigerians on the street are left to their own devices.

No comments: