If elections in Nigeria are FREE and Fair, I will pick a ticket for the Presidency, and run with a slogan “A Greater Nation”. I will build my campaign on four pillars: Security, People, Economy & Electricity, and Diasporas. This is the SPEED Agenda.
On the People, I will work on health, education and drive the development of human capital. I will update the tax code making donations and partnerships with health institutions and schools to be fully tax deductible. That will enable private funds to support those areas at scale.
On Security, we will support every LGA to have Development & Security Units and build up frameworks for security, in consultations with the government. And the laws of the nation will be implemented: non-licensed private citizens cannot carry arms and anyone with arms will get at least 15 years! Besides whatever the government is doing, each LGA will get funds from the federal purse to support its security. By law, 25% of non-emolument spending of the Nigerian military will be spent on Nigeria companies. My goal is to stimulate new companies as the military spends 25% of its capital budget locally.
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On Economy & Electricity, we will peg Naira to bring order in the market for businesses in Nigeria. That clarity will be tapped to bring more investments into Nigeria. And that will come by waiving all taxes on profits for Fund Managers, Private Equity Funds, New Investors, etc which invest at least New $100m within 2 years in critical sectors of seaports, agriculture, transportation, energy and broad industrialization. As this happens, I will shrink Customs’ import revenue by making sure Nigeria prioritizes exports over imports, and that means strategic tariffs. We will enshrine property rights and rule of law to make sure markets work.
On Diasporas, from the first generation to the latest generation, every African living anywhere in the world will know that Nigeria could be a home or a second home. The largest African market remains the diasporas’ market and these men and women have the economic capacities to fund the new Africa. Working with BlackRock, KKR, and global fund managers, I will see how diasporas in different parts of the world can deploy capital to build Nigeria.
Nigeria will experience an unbounded promise where merit, honesty, pragmatism and citizenship will drive a new nation with young people rising to build a GREATER Nation. Yes, A GREATER Nation, for all, as we develop five new Frontier Cities, like Lagos, on new domains, across all the geopolitical zones.
Can we get INEC to do its job so that some of us can have fun?
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As the Chief of Staff, should I start the fine-tuning of the proposal or wait until you win? Either way, we don’t need the LGAs as part of a Federal Republic, it’s a distraction that we must jettison quickly, to enable proper governance. Its presence and being part of the allocation sharing is a misnomer, we must not continue sustain what doesn’t serve any practical purpose, other than skewing resource allocation. The states can decide to increase or reduce their number of LGAs, depending on their peculiarities and productivity level.
While we work out how to capture power, greatest attention must be given to enforcement of Laws, it’s what decides everything else. When people break laws and get away with it, you have no civilization nor governance system to talk about.
Until the final results are in from polling units, the background works continue…