Sunday, August 19, 2012

The Nation - World Bank bribe for contracts report: Sagay, Aremu, others carpet govt

The Nation - World Bank bribe for contracts report: Sagay, Aremu, others carpet govt

This is the problem with my country; do we need the World Bank to tell us or to remind us that bribery is a big issue in Nigeria. We don't. Today, China is on top of investment in Nigeria, especially in the energy sector. The Foreign Corrupt Practice Act of 1977 is making it legally problematic for American companies and investors to compete for large contract with the Chinese in developing countries. The trial and indictment of Halliburton is a good example. And we shouldn't forget the KBR saga and the no-bid contract involving former Vice President, Dick Cheney. Again, what the rest of the World and Nigerians do know is that China has similar law (FCPA), but they don't apply it overseas to police their citizens from engaging in official bribery. Yes, there is bribery in Nigeria; that it exist is not an issue any more. We should be talking about how to overcome it. 

The Nation - Oil wells: A/Ibom ready for negotiation –Akpabio

The Nation - Oil wells: A/Ibom ready for negotiation –Akpabio

The proceeds form the 76 Oil Wells should be paid directly into a consolidate fund and divided equally between the two States. What is going on here is the unfortunate outcome of our willful blindness in ceding Bakassi Peninsular to Cameroon.

Nigeria's future in home players, says coach - Africa - Sports - Ahram Online

Nigeria's future in home players, says coach - Africa - Sports - Ahram Online

Mr. Keshi should not foreclose on using international players. What he should realise is that Egypt has a very robust national league - the best in Africa, if I am not mistaken. Their local players do not flock overseas like the Nigerian guys. Not that I am against anyone going abroad for a better professional life, just that we need players like Odemwingie to help strengthen the national team. The state of our national team is a reflection of our local league, which has been displaced and rendered less viable because of our proclivity and demonstrated enthusiasm for  European soccer. Go to pepper soup joints in Abuja or Kaduna at night, and you will know what I am talking about.   

I wish Mr. Keshi the best. 

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