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Friday 17 June 2016

Nigeria's President, Muhammadu Buhari gives Straight A's (AAA) to the EA-CS in WSJ/Oped

Nigeria’s President, Muhammadu Buhari Gives Straight A’s (AAA) to the EA-CS in the Economic Solutions He Proposes for Nigeria in Wall Street Journal’s Opinion piece

Buhari Has Given Straight A’s to The "Effective Anti-Corruption Strategy” published in May 2016

Introduction:

This article discusses “How President Muhammadu Buhari has given straight A’s to the Effective Anti-Corruption Strategy” by referencing the core focus of this political discourse in his opinion published in Wall Street Journal, as reported by the “Sahara Reporters”.
This article will answer and clarify your inquiries into:
1.       The core focus of the EA-CS...
2.       The identity of the author of the EA-CS...
3.       The reference to the EA-CS’ core focus made by President Buhari...
4.       The Impact of implementing the EA-CS on the Nigerian economy... and
5.       How to get a copy of the EA-CS and contact the author for shipping discount to save $15.

At the end of this article, the reader will be able to refer to the EA-CS in finding reasons to support the three Economic solutions for Nigeria proposed by Buhari in Wall Street Journal Op/Ed.
EA-CG Front Cover, Credit to Francis B. Isugu (Copyright owner and cover designer)

1.       The core focus of the EA-CS:

The significance of the Buhari’s government in writing a better page of Nigeria’s history is clearly honed in the EA-CS, whose focus can be elicited from the six extracts highlighted here. 
If you have a copy of the EA-CS, simply follow the bracketed reference for each of the six extracts highlighted below; to find the paragraphs where the different lines of each extract are printed in the pages of the EA-CS, as follows:

Extract One (From Bk.1.Vol.1, pg.23 of the EA-CS):

*      The fight against corruption hasn’t been effective because the right strategy hasn’t been employed.
*      Any Nigerian government that projects itself as a leader of the fight against corruption must find for itself a strategy that will be effective…
*      The strategic fight against corruption … exposes how stupendous the fight against corruption should be perceived, it is not an easy fight, it is a fight against oneself, it is the fight of setting personal example, (and) it is a fight … to lead exemplarily.

Extract Two (From Bk.1. Vol.1, pg 31 of the EA-CS):

v  The strategic fight against corruption condemns this act of irresponsibility displayed by the government.
v  The government ought to improvise strategies to ensure that facilities are installed through direct private public partnership to balance demand with supply; through home based crude production and refining, and not use deregulation to be passive and irresponsible…
v  Corruption is what has been preventing the government from regulating downstream oil and gas sector, choosing to be passive on regulating refineries.
v  The deregulation policies cover up and attempt to give excuses for the corruption of frivolity in promoting importation.

Extract Three (From Bk.1 Vol.1, pg 32 of the EA-CS):

§  The Ministry of Petroleum in joining the strategic fight against corruption should utilize the resources at its disposal to manage and maintain the downstream sector well, while giving room for local private investors to play a part in keeping the wheels of the industry rolling, and we know how best this can be done, by calling interested investors to invest only in facilities for refining and supplying products refined in Nigeria.
§  Importation has no role to play here. So we should not deceive ourselves by laying claim to “the need to move fast enough to meet up with the demands of globalization” to our own detriment.
§  We have the crude and we should invest in the capacity to refine crude in Nigeria then supply same.
§  If the Ministry of Petroleum joins the fight against corruption then it will not see importation of petroleum product as a beneficial business since the freedom given to the independent marketers to import 50% of the product with their own sourced forex means they are free to buy the product from anywhere except in Nigeria. Why not think otherwise?

Extract Four (From Bk.1. Vol.1, pg 33 of the EA-CS):

o   Don’t import the product. Don’t issue licenses to any marketer to import. Make a policy that says, the Ministry is only interested in ensuring the existing refineries increase their capacity of refining Nigerian crude, and so, anyone interested in also investing in the downstream sector’s supply chain, should first source its forex and then invest same in the Ministry’s master plan of increasing the refining capacity of the country by revamping existing refineries and building new refineries. Green refineries can be invested in too.
o   … the money that each marketer would have wasted on importation would be re-channeled into owning slots in the refineries to control a certain volume of the products refined in order to be issued the license to market same after it has been refined … a much positive development that will not only save forex and conserve the crude resources but lead to the nation’s energy sufficiency, increase the nation’s gross domestic product, create employment in new refineries, and spread the economic benefits of the oil and gas industry in Nigeria.
o   What is necessary is for the government to make the economy stable in such a way that it can give incentives to its own natives to work as local investors and business owners at home setting a standard that is internationally commendable.
o   … there will be circulation of wealth in the country, and there will not be any inflation of the cost of petroleum products, because not only would we have local products but we will have local producers selling first to local consumers, to eliminate the dirty niche of black markets and importation business…

Extract Five (From Bk.1 Vol.1, pg 34 of the EA-CS):

·         When foreign products are imported to increase supply where demand is high, the profit goes to the owners of the product. So let’s own the products that are circulating in the market, and let’s increase productivity. We can make policies in this regard not vice versa.
·         The strategic fight against corruption focuses on ending all importation.

Extract Six (From Bk.1 Vol.1 pg 35 of the EA-CS):

Ø  … a government that partakes in the ignoble business of importation … shamelessly governs like a beggar without knowing that it has the right to conserve every resource that it isn’t able to harness yet due to its low capacity to harness it and should protect it under its feet, intact, until it can independently utilize it for its maximal profit.
Ø  It’s a pity we are so poor today when we have the wealth of crude.
Ø  The past government brought the natural resource curse upon us by joining OPEC for the wrong end to cart away the crude. Little did we know that we have been selling out our growth potentials until today that continuous importation keeps us bankrupt!
Ø  2016 oil crisis is a case study faulting government’s method of doing business so far.
Ø  What have the smart foreigners been doing as International Oil Companies in Nigeria? This is it. They have been enjoying our oil when oil price is high, and were making much profit from the exploration of oil and gas. They employed few starving youths who begged for entry level jobs, but would only value them as artisans and not train them to become expatriates in oil and gas. Yet as soon as oil price falls, they lay off all local senior executives.   

The following six extracts have been found on only 6 pages of the EA-CS which is a 71 paged book. 
If you were unable to mark the pages for the extracts highlighted for further discussion, do yourself the favor of looking down, at the last section of this article, for a guide on getting your copy of the EA-CS, plus shipping cost wave-out by the author, for only readers in Nigeria.

2.       The identity of the author of the EA-CS:


When Ben Gbulie published the NFM (Nigerian Five Majors), in 1981, Buhari has been aware of the economic problems of Nigeria affected by the catawamptious political climate of the time.
When Chinua Achebe published the TWN (Trouble With Nigeria), in 1983, Buhari was still an influential figure in Nigerian politics, most likely to have had a role to play in the blame to leaders of the time.
And today, when Francis B. Isugu has published the EA-CS (Effective Anti-Corruption Strategy), in May 2016, Buhari has become the most prominent figure in Nigeria occupying the highest chair in Nigeria’s public offices.
Why has Buhari been having a steady growth and success in his political career, lasting over 3 decades now? What's the secrete of Buhari's success in his political career so far?
The answers to these questions can be found in the EA-CS in which the author, Francis B. Isugu, has carefully pondered upon 11 key areas for reform, using the right anti-corruption strategies. 
The EA-CS was written for the sake of protecting the invaluable interest of Nigerians who need to be aware of what has been the deciding factor for the stalwarts challenges facing Nigeria’s economy. 
Francis B. Isugu is a young Nigerian in his twenties who has authored a number of literature, to show his concern for the development of Nigeria across all sectors. 
In him has been reborn the spirit of the great icons of Nigerian literature, Gbulie and Achebe mentioned above. 
His works are scattered all over the internet and translated into different languages in different online stores. 
He is an active business development strategist, and finds happiness in making a contribution to the lives of people inspired by his ideas and writing. 
More details on his life and accomplishments are available on his different online profiles accessible to anyone who can use Google.com search engine with his name 'Francis B. Isugu', as keyword.
           

3.       The reference to the EA-CS’ core focus made by President Buhari

The last point of the fifth extract highlighted previously clearly spells out the focus of the EA-CS, and this is where we can point out how this focus was referenced by President Buhari in an opinion piece published by the Wall Street Journal, as reported by the Sahara Reporters.
President Buhari outlined three changes Nigeria must undergo in order to overcome the challenges the country faces. 
Following below is one highlight showing how in 3 ways President Buhari has referenced the EA-CS in his opinion on Economic Solutions for Nigeria in Wall Street Journal Op/ED.

First Highlight
(From saharareporters.com/2016/06/14/Buhari-proposes-economic-solutions-nigeria-wall-street-journal-oped):

1.       Mr. Buhari attributed the majority of the country’s woes to its over-dependence on oil.
2.       While oil helped make Nigeria the largest economy on the continent, it also gave rise to corruption and inefficiency.
3.       When the price of oil fell globally, the Nigerian economy inexplicably suffered.

#1 of the first highlight above has referenced the third bullet point of Extract six from the EA-CS (return to Extract Six to see the third point again).
#2 of the First Highlight references the third bullet point of the Extract Two from the EA-CS (return to Extract Two to see the third point again).
#3 of the first highlight above has referenced the fourth and fifth bullet points of the Extract Six from the EA-CS (return to Extract Six to see the fourth and fifth points again).
The entire body of the first highlight has been shown to reference the EA-CS. This shows that the EA-CS has some truths for Nigerians to ponder upon the way Buhari has done above.   

4.       The Impact of implementing the EA-CS' Focus on the Nigerian economy:

The need for and importance of implementing the focus of the EA-CS in Nigeria, as shown in the second bullet point of Extract Five, cannot be overemphasized. 
Implementing this focus will have no small impact on the Nigerian economy, and that is exactly why Buhari’s reference to the EA-CS is itself an endorsement of the EA-CS for all Nigerians.
Follow the link to the source of the first highlight above to view the entire report on Buhari’s proposal for the economy of Nigeria, these economic solutions can be better understood by reading the EA-CS.     
5.       How to get a copy of the EA-CS:
To read the EA-CS, there is a simple way to find the EA-CS online. Follow the link here to find the EA-CS on Amazon store, then at the right side of the page use the share buttons labeled with the icons for electronic message, Facebook, Twitter and Pinterest, for you friends to also see what you are viewing.
If you can afford $25, then at the right side of the page where you find the share button, click on Yes, I want FREE Two-Day 
Shipping
 with Amazon Prime.
Then take the next step of clicking the down arrow sign where you find Ship to: Select a shipping address: 
After selecting a shipping address, go up to click the Add to Cart button, and make progress to order your copy. You will be billed by amazon.com for both the price of the book and the price for shipping to your address.
If you want to save on shipping cost, then don’t hesitate to call the author of the EA-CS to give you a shipping discount.
To get a shipping discount from the author, then discuss with the author on the most preferred payment option, and once you have made payment to the author’s account, for the equivalent of $25 on the day you wish your copy to be ordered for you, the author will order the requested number of copies for you to his address, before calling you to pick it up, or sending it to your preferred location, if you include this logistics in you discussion with the author for a shipping discount (-$15)
In variably, rather than paying a total of $40 (book prize ($25) plus shipping cost %$15)), you will pay only $25 to save $15, in order to pick up your copy from the author’s address.

How to contact the author:   

Contact the author of the EA-CS via email or phone call to the author’s address below:
Author: Francis B. Isugu
Phone: +234-810-242-7303
Bookstore: Amazon.com
_____________________________________________________________________
P.S. Free shipping through the author’s discount is available for only buyers in Nigeria. Any where you are in Nigeria, you can get shipping cost wave-out by discussing you copy and payment preference with the author. To find this work on via google search engine, all you have to to is search for "Francis B. Isugu" on www.google.com then go down of the search result, click page 2, and click the first link at the top of page 2 search results.  
  

  

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