By Jide Ajani, Kingsley Omonobi, Henry Umoru, Chris Ochayi, Luka Binniyat & Victoria Ojeme
ABUJA—AFTER several months of speculations, former Military President, Gen. Ibrahim Badamasi Babangida, yesterday, formally declared his
intention to contest the 2011 presidential election.

Babangida, who anchored his interest on the abysmal lack of governance in the country, said that Nigeria as a nation was in a crisis.


He said he would pursue a macroeconomic framework that would, among others, attract investment, promote stability and sustain high non-inflationary growth.


The former military leader who is vying for the presidency on the platform of the Peoples Democratic Party, PDP, also promised to use Nigeria’s wealth of natural resources to diversify the nation’s economy
that would, at the end of the day, help reduce the country’s over
dependence on oil and gas.


He said: “Today, Nigeria stands at the threshold of history. As we celebrate 50 years of independence, the country faces a pressing urgency for accelerated development to actualize the tremendous
expectation that our enormous endowments evoke. It is equally
distressing that we have not succeeded in remarkably harnessing the
enormous human and natural resources to provide the foundation for a
productive and caring nation such that we now stand in grave danger of
state failure.


“Today, the reality of our present circumstance is that our country is in a crisis. We cry over the economy; and we agonise over the state of our educational system as well as over organized crime. Our
infrastructure has collapsed and we continue to live with epileptic
supply of electricity. We bicker over the never-ending issue of subsidy.


Challenges of the society


“Two decades ago, the central challenge of the Nigerian society and economy that we grappled with, was the big, inefficient State that had a stranglehold on the society, occupied the commanding heights of the
economy; and behaved like a general business enterprise, producing and
selling myriads of commodities running airlines; managing commercial
banks and owning cement factories.


Naturally, it ended up as a colossal failure in this regard, since it neither had the bottom-line sense of a business enterprise nor the residual claimant motivation to ensure
proper and efficient management of the societal resources under its
care.


“Today, however, Nigeria faces a qualitatively different challenges. The reality in our country is that of an abysmal lack of governance. The State has virtually become overwhelmed by multi-dimensional crisis
constraining its ability to minister to the needs of the “For me, the
response to such issues defines governance. Our challenge today is to
come together and make Nigeria work better. We should awaken ourselves
to challenges of building a productive economy and a caring society.


There is no option open to this nation than to create an economic framework that prioritises job creation, entrepreneurship, productive engagement of our  teeming population. I am making a solemn undertaking
to devote the four years that would be available to me, if elected
president, to create the foundation for creating that economic
framework.


“The first requirement of attaining the above is to ensure that the economy grows at such a rate as to

absorb the productive labour continuously being generated in the country. In particular, with the growing rate of urbanization in the country and with growing
mechanization of the country’s agricultural sector, we must find
placements for the surplus labour that is bound to be released.


The key sectors of manufacturing and services that will, therefore, be given importance in this regard, is the programme of boosting small and medium scaled enterprises to improve not just their service
delivery and wealth creating potentials, but the capacity to engage the
labour of millions of Nigerians.

Potential for job creation

“A previously neglected sector in terms of potential for job creation is so called informal sector that


currently houses the productive endeavours of millions of Nigerians. Steps will be taken to formalize the informal sector by integrating it to the mainstream,
structured economy. Other sectors that would also have very significant
impact on job creation include a revitalized solid minerals sector, the
emerging information and communication technology industry, the tourism
sector including hotels and the budding Nigerian film industry.


“Nigeria has the material resources, the intellectual endowment, the capacity and the pressing need to attain the above objectives. The ingredients necessary for the achievement of these noble goals are
competent leadership, social orderliness.


We would then draw up and resolutely implement a bold innovative National Reconstruction Plan which ensures the sustained mobilisation of all the people, their resources, imagination and institutions, on an
urgent task.


“The Nigerian economy can and will be driven to secure two-digit, non-inflationary or minimal-inflationary growth rates over a long period at least two decades -  as some of Asian economies have
done. Clearly, traditional economic management – planning and budgeting
methods and norms cannot serve, for essentially they ignore the factor
of mobilization, which must be grasped for sustained long-run progress.
There is much work to be done by all Nigerians and much benefit for al
Nigerians, in the attainment of this objective.


“At the same time, the policy of equity in the distribution of the gains would mean increased wealth and improved welfare for all Nigerians, as well as stimulation of the spirit of enterprise, with due
compensation for valid risk-taking, on the basis of justice and
diversity. Growth will be principally measurable in terms of aggregate
output and employment, although other major variables will be of
interest. There is no more debate or doubt the debilitating role of
corrupt practices in governance, public policy design and
implementation, and even in the relationship between the public and
private sectors.


“Indeed, corruption has been established as a fundamental cause in the underdevelopment of our economy and society. We will insist upon and deepen the policies and instruments of  transparency and
accountability in governance. The existing institutions such as EFCC
and ICPC will be sustained, strengthened and complemented by other
anti-corruption authorities such that the national and global
constituencies of the Nigerian state shall bear concrete witness to our
efforts in dealing with the phenomenon of corruption.


“From the above, the following specific objectives, among others, would constitute the focus of our economic management policy in a determined effort to re-inaugurate a caring society, a macro-economic
framework that attracts investment, promote economic stability and
sustain high non-inflationary growth; a strong partnership between
public and private sector which is private sector-driven with the
government as the enabler.


“Use Nigeria’s wealth of natural resources to diversify the economy, and thus reduce significantly over dependence on oil and gas; the growth and development of small and medium scale business top provide
wider economic opportunities, employment and poverty alleviation; a
modern, well-structured, efficient and competitive financial; and
banking system that caters for the long term needs of the economy.


“Transform our urban and rural communities as well as the waterways into centres of production, and thus generate employment opportunities for our people; human development programmes through massive investment
in education, health and housing; restore and sustain our family values
and morals as the basis for as caring society; collaborate with the
states, local governments, the legislature and judiciary to sustain
democracy and federalism as the definitive character of the Nigerian
state and as the framework for achieving our objectives of economic
productivity and a caring society.”

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I really hope that Nigerians are not stupid enough to vote for this senseless, murderer, thief, loser called babaginda.
Well, i'm not surprised. After all, there are many Nigerians in the country who are gullible, stupid, forgetful, desperate and SERIOUSLY lack a lot of self-esteem! This was evidenced this year, some months ago when Maryam IBB died. There were so many people who came to this paper to deposit many 'with gratitude to God for a life well spent' praises for her, that, you would've thought she was Nigeria's version of Mother Theresa!
Anyway, i can only hope that the crowd of people who went to exhibit/showcase their solidarity to IBB were ONLY there for the MONEY. And that, on election day, they would DISGRACE HIM by NOT voting for him.
HOWEVER, WE ALL KNOW THAT, THAT IS ONLY WISHFUL THINKING.
If IBB wins, then Nigeria and Nigerians get what they deserve from that bastard who robbed, raped, looted and plundered the country with SAP and MAMSER!
What kind of country encourages thieves to parade themselves as representatives of Nigerians at large. There are so many good people in Nigeria to have thieves representing the interest of the country. Why can't we ask someone like Wole Soyinka to put himself up for President. Even if it is for an interim period to put some sanity into governance. From what i have seen to date nothing has changed as long as the country is ruled by PDP. The current president is not radical enough to effect real changes required. I see loads of thieves in his cabinet and advisers. We need someone who is sincere and fearless. A credible person do not have to be in any corrupt party to be voted by the mass. Someone like Wole Soyinka with the other credible people that forced the cabals to change their tact during the Yaradua drama are the sort of people NIgeria needs to force a change. If we have enough momentum to get real people to put themself up for the role of president we would not have to listen to rogues parading themselves as leaders.
Instead of IBB to rule NIGERIA again let Robert Mugabe of ZIMBABWE colonize NIGERIA. gaskytruth@gmail.com
I am from Agbani & sam place with Ken Nnamani. He can not win any LGA election in our Town what more voting in IBB as President. He has no followers in the enteir SouthEast. IBB followers are looser & his race for Presidency is dead on arrival.

Okechukwu Nwokorie said:
I am deeply sorry for the former senate president Ken Nnamani in his attept to shoot himself on the foot by joining Babangida's sinking ship. I make bold to say here that Babangida shall lose on both ends with a wide margin. Mark my words!
THE DEVIOUS GENIUS UNLOADS ON US - AGAIN!

History, say historians, is the remembrance of unforgettable things, the documentation - either on paper or film and, in the borderless age of cyberspace, on the Internet, or in the human memory - of human events. But, today, history faces the devious assault of those intent on making it pliable to their depraved manipulations. Ibrahim Babangida, whose history evokes unpleasant memories, does essentially that when he capriciously refers to "the central challenge of the Nigerian society and economy" of "two decades ago." Two decades ago - beginning on August 27, 1985, to be precise - the Nigerian society was strangulating in the excruciating python grip of an incipient, psychotic dictator. On that day of opprobrium, Babangida, armed to the teeth and spewing bravado, tip-toed into the nation's outraged consciousness with military hubris and unleashed himself with Caligulan brutality. How could we possibly forget that? It was the beginning of eight ruinous years of opprobrium, characterized by stealth, subterfuge and sickening rapacity. There was a tremedous supply of hubris, arrogance and incontinent bravado. Babangida unleashed himself on the public's collective consciousness, with absolute disregard for the public's collective sensibility. His God-complex disposition, for those who remember, and are still offended by, his intemperate propensity for self-perpetuation, was the nation's moral blight.

Emboldened by his military mindset, and convinced of his own invincibility, Babangida trifled capriciously with the country's political future. He assaulted the nation's integrity without blinking for once, thoroughly persuaded of his own delusional sense of eternity. Add to that his mindless plunder of an economy already hounded on the threshold of oblivion by his military forebears, and the depravity of the Babangida Years evokes unpleasant memories. So, when, today, he speaks eloquently - but still offensively - of an "abysmal lack of governance" in the polity, he vomits and defecates on our collective consciousness all over again. And when he alludes to such noble ideas as "competent leadership," "equity" and "economic planning," he should listen to the repugnance of his own voice. It overflows with dross. Then he compounds his infamy by proposing "a caring society" for a society he once had the opportunity to care for but blew it to smithereens. Unless he is dumb and numb, he must think we are dumb and numb. Why else is he creep-crawling at our feet to win our affections, that we may hand him the presidency on a silver platter?

Since politics is a convergence of disparate tendencies - most of them depraved - and democracy presupposes that we tolerate even the verminous nuisance of screwballs in politics, perhaps we should forgive his audacity. But history has its memories, and these are etched, eternally, in the deeper recesses of our minds, reminding us constantly of the unforgettable, because unforgiveable, ruthlessness unleashed on the nation between 1985 and 1993. How could we possibly forget that? How could we possibly forget - let alone forgive - the still unexplained murder of the eminent Dele Giwa? How could we possibly forget - let alone forgive - the selfishly "expedient" devaluation of the naira, which today is drained of any value, even against the Ghanaian cedi? Babangida's proclivity to intemperate avarice, by which he swindled the country of its $2.8 billion oil windfall accruing from the Gulf War, meant that all standard economic management principles were, as a rule of governance, to be dispensed with. What replaced them was a regime of almost maniacal indulgence, characterized by run-away spending, designed to satisfy depraved appetites and pamper unscrupulous egos.

Even when the ordinary citizen yearned eagerly for even a modicum of life's basic subsistence, Babangida and his equally rapacious minions and underlings carried on as if nothing else mattered. Unperturbed by widespread disaffection, they behaved with Caligulan indifference, becoming a by-word for organizational irresponsibility. And when they had had their fill, when they had finished their ravenous, relentless assault on the economy, they "stepped aside," only to re-arm for future resurgence. Which Babangida did by convening his Eagle Square grand party to solicit the nation's affections - with his collection of like-minded bloodhounds in attendance. Is history about to repeat? Can a nation be twice stupid and not once shy? There is unrest in heaven right now.
I know this is a serious issue but your post is hilarious and I must say I agree with u...

Riot Fivethousand said:
Why I want to be president again — IBB
******************************************************************************
BECAUSE, EVERY NIGERIAN IS A BRAIN DEAD, GULLIBLE, SADO-MASOCHIST with short memory and very short attention span.
COME SHAFT US AGAIN IBB, we deserve it.

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