This is the opposite in the public sector. The public sector has got no competitor. The Public sector is generally handled and managed by govt administration, and clearly they've got no vision and success milestones. There are lots of wastages because no individual bears the risk or loss. I dare say most of them are just there for the bread.
Power hasn't worked because; first of all I think I kinda fault the privatisation process.
All processes of power: from gas supply to generation, transmission and to distribution haven't been given the right and best approach. Gas pipelines are still vandalized - mostly sabotage. President said he'll use technology to fight corruption and I suggest he use technology to sort out vandalism of public infrastructures challenges - this is simple, I think.
You guys didn't talk about the current state of the Nigerian economy. The INFORMAL SECTOR which is very key to entrepreneur breeding. Again, the youths are the victims of this current govt administration.
Omojuwa do I hear you say Education has changed? No, it's still same basic Bro - for centuries. Education hasn't changed and the need of the society hasn't changed as well, just that we have been loosing it since inception. Make research about Western education - how Germany got to where they are, how they invented cars and many other machanic tools we use today. This is just an example in an inexhaustible list.
What is happening to our Monotechnics and Polytechnics? Why are the certifications from these institutions being marginalized in the labour market? For example, what should Management Academic Disciplines be doing in a polytechnic? In developed countries you're unlikely to see this.
How can a govt spend 78% on recurrent expenditure and 22% on capital expenditure and sit back as if everything is cool? We can't just continue like this.
Tuface said building institutions, absolutely right. That's what we need not institutions of corruption. But unfortunately, institutions are built by visionaries and clearly our politicians which are our leaders lack vision for the people - for generations to come. And, unfortunately ministerial positions have been politicized, these positions should be held by technocrats but this isn't so with this current administration
Banky made lot of sense...
We need to start thinking of more logical approach to finding solutions to our challenges.
- University of LagosEconomics, 2012
- Sweet Sensation confectionerySales, 2007 - 2008Selling edible cracks ...LOL
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