Why are we not Investing at Home
Lack of Infrastructure. Should we continue to blame the Fed Govt for the dilapidated infrastructures in Ala Igbo? What of our home governments in Igbo States?
Sam Mbakwe of blessed memory did not wait for the Fed Govt before undertaking massive rebuilding of old IMO State. We think that we have not given our best to our people with the little we got.
Insecurity. Nowhere have we hurt ourselves and investment in Ala Igbo than in the insecurity pervading all parts of our homeland. Of course the latest imbroglio in Abia especially in Aba and Umuahia has worsened matters.
We run the risk of undoing all the efforts made in promoting ‘made in Aba’ that we had embarked on as a catalyst for growth in Ala Igbo.
Industries have relocated from Ala Igbo to other parts of Nigeria especially Lagos and Ogun States because of the very serious insecurity such as kidnappining and armed robbery faced by those who invest at home.
We cannot be looking for investors and yet make our place not conducive to investment. Unemployment is the single biggest problem we have in Ala Igbo today.
Before this time due to our domestic investments and industry, this was not a very big problem but due to the dis-investment going on today in Ala Igbo today we are faced with a existential problem in our hand.
Diaspora Igbo’s have to assist us to also invest at home despite the problems and reduce the unemployment in Ala Igbo. Once we get Ala Igbo right the frustrations that fuel the agitation in ala Igbo will be dampened.
What we have playing out in the world today is a knowledge economy. Oil is going out of fashion. As I pointed out earlier, we are poised through out educational exploits in Nigeria to dominate the economy of tomorrow.
Why would we turn a blind eye to this emerging scenario?In ending let me quote what the great son of Igbo land, the great Zik of Africa said about himself….”despite the mythic heights to which he was raised, Azikiwe was nothing if not pragmatic, a realist, always conscious of his limits and ever eager to extract all that was possible from that limited horizon”
- Senator Abaribe, from his speech in Mississippi USA.
on The Igbo, Kanu, Biafra and Nigeria:
If we Igbos do not stop the injustice of ‘strong’ people seizing lands from ‘weak’ people how will we Igbos convince investors that their property rights are guaranteed?
Read a wider discussion of this most important of topics here.