By Bayo Ogunmupe > The alert that the occupants > of the Bakassi Peninsula will soon become stateless, being > refugees in Nigeria now, gives cause for concern. This alarm > was sounded by the representative for Nigeria and the > Economic Community of West African States (ECOWAS) at the > signing of the memorandum of understanding with ECOWAS > Parliament in Abuja recently. The alert drew the attention > of the world to the displacement of the people of Bakassi. > These people are Efiks wit linguistic and cultural affinity > with Efiks of Akwa Ibom State, Nigeria. Being Nigerians > until Bakassi was ceded to Cameroon in August 2008 by the > International Court of Justice. > Since then, Bakassi belonged > to Cameroon but its residents remained Nigerians. Worse > still, the two countries have not been serious in governing > the territory inhabited by this people. Due to neglect by > the Nigerian government, this people have nowhere to call > their country. But evidence abounds that they are Nigerians > because they registered and voted at Dayspring Island, Cross > River State, Nigeria in 2015. > The people of Bakassi have > chosen to remain Nigerians in spite of neglect. This is why > we need a messiah to rescue Nigeria from predators who don't > see more than cornering oil money in Nigeria. We need a > leader ready to tackle those seeking to balkanize Nigeria to > satisfy their security concerns. Like the Jews who are still > waiting for their messiah, we should start searching for an > emancipator now. We need a leader who will emancipate > Bakassi and lift us out of poverty. > Amidst the great yearning > for a messiah came the confirmation by the First Lady, Mrs > Aisha Buhari that the government of her husband had been > hijacked by a mafia. The senate president, Dr Bukola > first broke the news at the height of his feud with Buhari > over his alleged alteration of senate standing orders last > year. The confirmation of the mafia takeover was a huge blow > to us who view Buhari as the much awaited messiah that > transform Nigeria to the Utopian land of our dreams. It > means this government is in the hands of a few jejune > individuals. > Thus, our salvation is being > deferred. Therefore we have to exercise ingenuity to salvage > this country from the morass we are in now. All the > problems of the nation since independence stem from our > inability to take proactive action due to ignorance and > ethnic jealousy. Indeed, since Finance minister, Kemi > Adeosun announced that Nigeria is in a recession last > August, we have become interested in solving this economic > impasse. Leadership is the key to recovery. Without expert > guidance, there is no hope for recovery in the next few > months. Which is why we must buck up on getting the leader > with the vision and grit to solve the problems. > For solution to recession, > we must adopt the Keynesian model of massive government > funding of public works, the enthronement of a N750 billion > interest free, collateral free full employment plan for the > unemployed, young or old. That is how to revive the economy. > Such loans may be accessed from any finance institution > nearest to the applicant. It is primitive for every Nigerian > seeking SME loan to go to only one bank be it Bank of > Industry or Bank of Agriculture. Such loans should be > accessible from the bank nearest me. > Moreover, we must stop > domestic borrowing to finance the public sector. Governments > have been wastefully borrowing money internally to finance > domestic consumption. That is how we have been wasting over > 40 percent of every naira earned to service domestic debts; > such profligacy is unheard of anywhere in the world. Also, > the way government is going about economic recovery isn't > right. Let the N750 billion intervention fund be managed by > the Central Bank; that is the way they do it. Promising > money on infrastructure and creating a bank to manage it is > the method of corrupt people. > Also, Infrastructure Bank, > Development Bank, like the Peoples Bank, they are destined > for extinction because it isn't the duty of government to > establish banks. With the exception of the CBN all > government banks must be privatized. What governments need > is to establish finance schemes, the private sector will > react appropriately to its needs. By establishing banks > government is funding corruption. Give all moneys gained > from foreigners, the World Bank, African Development Bank > and the like to the CBN to manage. They will then go into > financing such schemes as Full Employment, Agriculture and > SMEs. > That is why we need a leader > with integrity who will not abdicate his responsibility by > turning governance over to a mafia. An awakened leader holds > the key to our economic rebirth. Thus, good policy options > and visionary leadership remain the way out of Nigeria's > current economic crisis. A people that are starving not > because of a lack of abundance, but because the rules are > skewed against them cannot listen to the Change Begins With > Me slogan. They will not wait for their turn either. They > are likely to attain their wishes by force, revolt or > insurrection. > Indeed, the moral corollary > to abundance given us by God is that its spread should > be wider and higher. But unfortunately, the Nigerian state > manifests intolerance to the plight of the people, > provoking the people to question the legitimacy of > those put in authority over them. Therefore, > government has lost the steam and momentum generated during > the election. Through government isolation from the party > and the people, the people are frustrated, they are no > longer impressed by buck passing; they are now angling for a > new leader that will bring justice and succour to a country > in tribulation. So, let us wake up to the reality of the > search for a new leader by taking proactive action > immediately.