Simon Kolawole Live!: Email: simon.kolawole@thisdaylive.com
This story fascinates but saddens me. Reacting to one of my articles, a young, wealthy Nigerian said: “To be honest, I am making a lot of money in Nigeria. I have friends in government. I get juicy contracts and make handsome margins. I have houses in Lekki, London and New York. My house in Lekki has a high fence, security gates, security doors, security wires and security guards on duty 24/7. My house in London has no fence, no security doors, no guards. Yet I feel more secure in my London home than in my Lekki house.” He said the inequalities in Nigeria are such that “the wealthy live like prisoners… the rest of the society resents them”.
And that brings me to the topic of discussion today – the grave mistake
our elites make when they think it is fun owning mansions and private
jets, at our expense, in the face of the demeaning poverty in the land.
This myopic mindset propels them to continually milk the system and feed
their greed. By elites, I refer to the politicians, the technocrats and
the business moguls who collude to plunder our resources. They know
themselves. We know them. They know that we know them. By the way, I am
not saying it is wrong to own yachts and jets and mansions. I am not
saying it is a sin to be rich. I am not suggesting that to be poor is to
be righteous. The key phrase here is accumulating wealth “at our
expense”.
Last week, I highlighted the twin evil of “outright looting” (no
attempt to execute projects at all) and “hyperinflation of contracts”
(including padding of budgets by lawmakers). Resources that would
otherwise have been freed up and utilised to accelerate infrastructural
development are mindlessly pilfered. Definitely, there is a reason the
streets of London, Dubai and Singapore are relatively safe today. There
is a reason you feel secure there without a fence around your house.
Long ago, their elites understood the Yoruba proverb: “Irorun igi ni
irorun eye” (“The bird needs a comfortable tree to perch at ease”). You
cannot be at ease when the society where you’re flaunting your wealth is
not at ease.
The elites in developed countries have long understood that true
wealth, true prosperity is that which reflects not just in their private
accounts but in the larger society. That is why in the UK, for
instance, agriculture is subsidised to make food cheap and affordable.
No matter how poor you are, you should be able to feed. There is an
understanding that you should not be homeless. So councils build flats
and make them cheap or free for the poor. They understand the need for
affordable and efficient transport system. You don’t have to own a car.
They understand that a society ravaged by poverty and crippling
inequalities is a doomed society. The rich can never live at ease in
such a society.
In Nigeria, our political elites and their money launderers in the
private sector do not appreciate this basic fact. The money for fuel
subsidy gets stolen. The fertilizer subsidy meant to make food
affordable is stolen. Housing schemes are never for those who truly need
them. Budgets for education and health are looted, and you find private
hospitals and private schools springing up everywhere, charging fees
that can be afforded only by the wealthy, most of whom probably
participated in the looting in the first place. Budgets for roads are
stolen and the potholes keep swallowing innocent lives. The next thing
you see is private jets everywhere, at the expense of the common wealth.
No wonder you sleep at ease in your London home, where there is no
fence, than in your fortified Nigerian house where soldiers and police
are on guard. It is quite easy to understand why: our elites have
created and are sustaining a society filled with outrageous
inequalities. Millions of people are jobless and poor and resentful of
the rich. They read the stories of sleaze in the newspapers every day.
They read how someone steals billions of naira from police pensions and
is fined N750, 000 only! They are bitter and angry. They are desperate.
They resort to violent robberies, kidnappings and other crimes. That, in
a nutshell, should explain why the elites still feel insecure in their
maximum-prison mansions.
A wealthy Nigerian told me years ago: “I have a feeling that one day, I
may have to take a chopper from my house (in Victoria Island) to get to
Murtala Muhammed airport for the fear of being attacked. The anger I
see on the faces of the people scares me. There is an air of hostility.”
Good talk - but this sort of reality should propel the elites to think
deeper and change their ways. They need to come to a consensus that
things cannot continue like this. If not, they or their children will be
kings in a society where they are too scared to peep out of the window
of their mansions.
Here is my suggestion: the plundering has to be drastically reduced and
the resources freed to redress the colossal imbalance in the society.
Trust me, it is in the interest of the elites – both political and
business. As the budgets get spent on what they are meant for, as the
right investments are made to generate jobs, it is just a matter of time
for unemployment, poverty and crime to reduce. It is not rocket
science. The right investments in education, healthcare, roads, power,
transportation and industry can only lead to one outcome: a productive
and prosperous country, an empowered citizenry. Everybody benefits that
way! But this will never happen as long as this conspiracy to plunder
goes unchecked.
I hear people argue that South Korea (and many other Asian countries)
developed in spite of corruption. There is frequent reference to Daewoo,
Hyundai, Samsung and LG being products of corruption that have now gone
on to dominate the world. I think there is some confusion here. The
corruption that bred the Korean Chaebol is cronyism or favouritism, not
looting. Korea’s budgets for subsidies and infrastructure were not
looted! If that was the case, South Korea would not have good roads,
good schools and good hospitals today. Let us get that clearly before we
propagate fake theories here. It will take centuries for a society that
is run like ours, where the elites grab and grub every naira in sight,
to smell development. No wonder we are still virtually stuck in
underdevelopment – in spite of all the petrodollars.
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