Connect with us

News

Is Trade for Aid Such a Bad Thing? Do We Want to Be a Charity Case or Business Partner?

Published

on

By Joel Popoola

Joel Popoola, the Chair of IoD Africa Special Interest Group, a task force aiming to improve trading ties between Africa and the United Kingdom, responds to the newly published International Trade Strategy.

The UK government’s new International Trade Strategy directly links Britain’s aid budget to trade deals – and as a result has been criticised for offering “aid for trade” and accused of putting “politics before poverty” and being “a double whammy against the world’s poor”.

One opposition politician called the policy “short-sighted and wrong” – another claimed, “the UK’s proud reputation as a development superpower has been comprehensively trashed.”

As British, I think things are a little more nuanced.

As Africans, we must ask ourselves – what do we want from overseas aid? Do we want to be a charity case or a business partner?

As a business leader, I know what I prefer.

One path sees nations in Africa, with something of a perpetual colonial status, eternally dependent on handouts from former rulers. The other sees us raised up – and raising ourselves up – to the status of equals.

At the heart of the strategy is a decision that the British government’s contributions to multilateral organisations will decrease in favour of bilateral partnerships.

This means favouring individual aid packages aimed at, in the words of the strategy, “supporting partner countries to grow their economies sustainably” through investment “in particular for cleaner and more reliable infrastructure.”

Does anyone deny that we need that sort of infrastructural investment if we are to realise our potential on the international stage? Much of Africa is crying out for investment in power grids, transport networks and broadband – just look at the epidemic of power cuts which has recently plagued much of Nigeria’s economic centres.

Buying British continues to be something of a status symbol in parts of Africa. We should not fear it being a condition for securing that investment.

The strategy is clear that aid is not intended to be entirely altruistic. This approach is designed to “deliver for people here in the UK – investments abroad will generate export opportunities in the UK, creating jobs right across the country”.

But that does not mean that the approach is entirely without merit for continents like Africa. Of course there is a huge amount of self-interest in the strategy. But this self-interest is mutual. Job creation, transport networks, power grids, renewable energy projects and digital infrastructure are the foundations of future growth across Africa. And this is a path to that growth.

Trade helps countries in continents like outs to grow our economies, raise incomes, create jobs and lift ourselves –and our citizens – out of poverty.

This is a more sustainable and desirable outcome than relying on handouts.

In the short term, I cannot deny that I have anxieties about the strategy’s implementation – shared threats such as Covid-19, climate change and civil disorder, in the case of my own Nigeria from Islamist Militants, demean a coordinated international response.

In its implementation, the strategy must balance infrastructural development with social projects to promote gender equality, education, democracy and other core values.

But in the longer term the approach is consistent with the British government’s support for the African Continent Free Trade Area – which as the world’s largest free trade area, has the potential to boost our entire continent’s economic growth by driving industrialisation, generating jobs and delivering prosperity across the continent.

The UK government has already negotiated a number of free trade agreements with African countries and trading blocs since it left the European Union, creating tariff and duty free trade between Britain and 30 African nations – this means significant opportunities for African consumers and companies, not least in our 24 English speaking countries.

As the head of the Institute of Director’s Special Interest Group for Africa, I want African and the UK alike to benefit from stronger trading relationships.

One UK parliamentary report recently noted that UK-Africa trade has ‘flat-lined’ –accounting for just 2.5% of all UK trade. But before Covid-19 the world’s five fastest-growing economies were all African, and regional leaders like South Africa and Nigeria are likely to become superpowers of the global economy as we move towards the second half of this century. More needs to be done on both sides to take advantage of the opportunities on offer. This strategy is a valuable starting point.

Critics of the strategy also demonstrate a certain naiveté when it comes to which nations are the most self-interested when it comes to international aid.

The UK government has stated that the strategy is designed to challenge “malign actors” who use “patronage, investment and debt as a form of economic coercion and political power”.

These “malign actors” provided Africa’s nations with development funding – but saddled them with debt which comes with political strings attached.

Britain’s world-leading expertise in finance, clean energy and infrastructure – and it’s historic and enduring links with Africa – make it the obvious choice as a partner for mutual prosperity.

Its motivations may be influenced by self-interest – but they are a good deal more altruistic than other nations.

Joel Popoola is the Chair of the Institute of Directors Special Interest Group for Africa which works to stimulate business opportunities, increase networking and grow awareness of British businesses in Africa, and African businesses in Britain.

This article is written in a personal capacity, any views do not reflect the position of the IoD.

Continue Reading
Advertisement


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Terrorist Attack: Lagos Police Beef Up Security Around Schools, Worship Centres

Published

on

The Lagos State Commissioner of Police, CP Olohundare Jimoh, has disclosed that armed personnel have been deployed to all parts of Lagos State to protect schools and other public places.

CP Jimoh disclosed this on Monday while briefing journalists on the activities of the command in the last few months.

He also disclosed that no fewer than 56 criminals have also been arrested for different crimes in the last few months.

The police, however, stressed that the crime rate in the State has gone down significantly during the period under review.

The reinforcement of the security around the State may not be unconnected with the recent resurgence of kidnapping and violent attacks in some parts of the country.

According to police boss, the command also recovered ten exotic vehicles from robbers in different parts of the state.

CP Jimoh said: “The security situation in Lagos is not alarming, and we are firmly on top of the situation. During the period under review, there have not been any extraordinary or significant security problems throughout the bigger city.

This is not due to the police effort alone, it is due to the whole population and the collaboration and support of the public, individuals and other members of the public that have come to identify with the police and ensure the safety and protection of life and property throughout the State.”

CP Jimoh continued: “We are making significant progresses in the area of crime fighting and prevention. This with the introduction of new strategies.

It is due to the positive result that has led to the recovery of about 10 vehicles within the last few weeks.”

He stressed that during the month under review, the command recovered 10 vehicles stolen and one motorcycle removed from park.

Across multiple operations in November, the Command recovered six firearms, including locally made pistols, cut-tosize guns, a single cut-to-size barrel gun, multiple live cartridges, dangerous weapons such as a machete, a battle axe, and an assault dagger, as well as Nigerian military m camouflage, charms, and fake currency valued at four thousand dollars. ”

“These achievements are a testament to our sustained November strategy aimed at dismantling criminal gangs, intercepting stolen property, removing illegal firearms from circulation, and strengthening public safety across Lagos State.

“The total number of weapons and items recovered are: one machete, one battle axe, one assault dagger, one Nigerian military camouflage, one charm, and fake 4,000 USD,” the CP also stated.

He added: “These items were seized during intelligence-driven operations aimed at neutralising gangs responsible for violent crimes and coordinated attacks in different parts of Lagos State.

The recovery of these weapons and materials significantly disrupts the capabilities of criminal groups and enhances the overall security landscape of the State.”

CP Jimoh also urges people who may want to come and celebrate the Yuletide period in the state not to entertain any fear.

He noted that increased police surveillance had been put in place to prevent any breakdown of law and order during the celebration.

He added that he had also directed all Area Commanders, Divisional Police Officers, Tactical Squads, and Unit Commanders to fortify worship centers with adequate security during services.

Continue Reading

News

UK Govt Rejects Tinubu’s Request to Transfer Jailed Ekweremadu to Nigeria

Published

on

The United Kingdom Government has rejected Nigeria’s request to deport former Deputy Senate President, Ike Ekweremadu, to serve the remainder of his prison term at home, insisting he must complete his sentence in Britain.

Ekweremadu, 63, is serving nine years and eight months after he, his wife Beatrice, and their associate, Dr Obinna Obeta, were convicted in 2023 for conspiring to exploit a young Nigerian man for his kidney. The organ was intended for transplant to Ekweremadu’s ailing daughter, Sonia, in what became the first conviction for organ trafficking under the UK’s Modern Slavery Act.

While, Beatrice, who received a four-and-a-half-year sentence—with half served in custody—was released earlier this year and has since returned to Nigeria, however, a delegation led by Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, met with officials of the UK Ministry of Justice (MoJ) last week to discuss the possibility of transferring Ekweremadu to Nigeria. A report by The Guardian UK, said a senior MoJ source confirmed the request was declined. The UK was reportedly concerned that Nigeria could not guarantee that the former lawmaker would continue serving his sentence if deported.

While the UK government declined to comment on the specific case, a spokesperson stressed that prisoner transfers are approved only when they align with the interests of justice. Another official added: “The UK will not tolerate modern slavery and any offender will face the full force of UK law.”

Continue Reading

News

Food for Living: Who’s Your Source?

Published

on

By Henry Ukazu

Dear Destiny Friends,

What would be your answer if the question, ‘who is your source’ is thrown at you? Tough, right?

Let’s begin from the beginning. Source may mean different things to different people. For a spiritually minded person, source may mean divinity while for those in the academia, it is where they get their research information from. Again, in courtroom settings, opposing counsels are noted to verify evidence to ascertain their origin. Even judges sometimes insists on for the authenticity of documents before admitting them as evidence. Even a child looks upon his/her parents as their source. Source therefore, can refer to the origin, or emanating point of a particular thing, action or activity. It can be that quality, trait or character that sets one apart and draws other things his way.

Somebody’s source can be his money, charming smiles, lovely voice, or even their access. The source varies depending on the aisle one belongs.

It must be said however, that the fastest way to destroy someone is to silence their source. For instance, the earning power of a man is seen as his bargaining power. So, if someone wants to frustrate him, they can tackle his business or job. Just like if someone wants to frustrate a child, the target will be the child’s parents because they know if the parents are down, it might affect the child.

As humans, sometimes we depend on our parents, mentors, friends, boss, husband, wife, children, siblings, leaders, benefactors, lecturers or men of God for support. Don’t get me wrong, all these are great support, but they are not the main support we need as human beings to go to the next level of life. They are all relative support one needs to thrive.

Source is like a trade secret. Nobody tells anyone what their secret is. Those, who have distinguished themselves in their particular fields might refer to God as their strength, but would surely remain silent as to the extra work they put in to get to where they are.

Let me give you a practical example; as a published author I can authoritatively tell you that God has been extremely kind to me. My books have opened doors for me, they has connected me to lots of resourceful people in addition to providing opportunities for which has brought value to my business. An ordinary man on the street will think I have been favored specially; some might even say I’m lucky or I’m a blessed man. But the truth is that I did my part. So, despite all my attributed and perceived success, I will tell you God did it for me. Again, remember, if I had not taken the time to write the manuscripts and have them published, networked with the right people, maybe I wouldn’t have gotten the opportunities I have received in recent times.

The moral is that everyone has a source, but not everyone is bold enough to tell you their source, but I can boldly tell you my source is God.

There was an interesting story I recently watched on social media where Pastor Mildred Okonkwo shared a true-life story about her marital life. According to her, despite Pastor Kingsley always being on television preaching and receiving ovations, she and her husband (Pastor Kingsley Okonkwo) were living in poverty to the extent that sometimes, they don’t have food to eat.

Sometimes, they had to manage to squeeze the tube together to get paste to brush their teeth and when that wasn’t enough, she had to use her kitchen skills to cut the container to scoop paste. She further stated that the situation degenerated to the extent they had to join crumbs of soaps together before they could get a decent bath. That was how bad it was.

This is where it gets interesting; she stated that she came from a family of those, who marry broke men. The situation was literally depressing. It made her take a deep breath to ascertain if that was going be her new reality. Her pensive mood was activated, and she asked herself for how long she would continue to live like this. Many thoughts were running through her mind. During one of her meditative moments, she got a revelation, she would be putting too much pressure on her husband, and it wouldn’t save the situation because her husband is not her source. God is her source.

When she came to that realization, she began to seek the face of God for blessings upon their family. It was at that moment she realized, as human beings we carry the blessings. This is the reality of most women. Most times in marriage, people put the burden and enrichment of their life on their husband instead of looking up to God, and within themselves. Who told you, you can’t make money as a person? The man you are looking up to doesn’t have two heads, four legs nor does he have four eyes, four hands, or fours ears.

It’s sad to note that sometimes most women think a man will take care of them; this mindset limits their creative abilities and possibilities because they think their is limited or may never come if a man doesn’t marry them.

It’s instructive to note that men and money don’t make people rich, rather it is the blessings of men and money that make us rich. Just like your salary doesn’t make you rich, rather the blessing on your salary makes you rich. One maybe wondering how this works; when one receives blessings from their parents, mentors, benefactors, boss, or even strangers who are beneficiary of their good deeds, that blessings have a way of positively affecting their lives in such a way that whatever the person lays his hands on will be fruitful. This is a typical example of how source works because the original blessing has manifested.

In conclusion, I will ask you, what’s your source? Take time to ask yourself, what am I you working on? Who can assist me to get to the next level? What is the requirement(s)? When these are figured out, take time to nourish and preserve them because one’s source is his power.

Henry Ukazu writes from New York. He works with the New York City Department of Correction as the Legal Coordinator.  He’s the founder of Gloemi. He’s a Transformative Human Capacity and Mindset coach. He is also a public speaker, youth advocate, creative writer and author of Design Your Destiny Design  and Unleash Your Destiny .  He can be reached via info@gloemi.com

Continue Reading