ECONOMIC RECESS

BY THURSDAY 26TH FEB 2009,THE UNEMPLOYMENT RATE WILL INCREASE,AS 2OO7/2008 BATCH A CORE MEMBERS WILL BE DISCHARCHED INTO THE LABOUR MARKET...THE PUBLIC AND PRIVATE SECTOR IS DOWN SIZING,AND MOST BANKS HAVE STARTED REDUCING STAFF SALARIES,WHAT IS OUR HOPE FOR 2MORO?AS VERY FEW AMONG US SECURE JOBS DAILY...WHAT IS PRESIDENT UMAR MUSA YARADUA DOIN AFTER ALMOST 2YEARS IN OFFICE?OUR ROADS HAVE BECOME DEATH TRAPS,THE EDUCATIONAL SECTOR IS A TOTAL SHAM IF NOT FOR PRIVATE UNIVERSITIES..FED UNIVERSITIES AND THE FIRST GENERATION UNIVERSITIES IS NOTIN TO WRITE HOME ABOUT,GETTING ADMISSION INTO HIGHER INSTITUTION BECOMES HARDER EVERYDAY,GRADUATING IS ANOTHER PROBLEM..FOR NYSC TO MOBILISE YOU IS ANOTHER PROBLEM AND SECURING JOB IS ANOTHER JOURNEY THAT YOU NEVER KNOW WHEN IT WILL END.BUT FEDERAL GOVERNMENT CAN AFFORD TO BUY EXPENSIVE VEHICLES AS OFFICIAL CARS,OUR POLITICIANS GO ON CONVOY,THEY RIDE ON THE MOST EXPENSIVE JEEPS IN THE WORLD,ACQUIRE ASSETS WORTH BILLIONS OF NAIRA WITH MONEY STOLEN FROM GOVERNMENT TREASURY BUT THEY CANNOT AFFORD TO PUT DRUGS IN GOVERNMENT HOSPITALS,PEOPLE DIE IN HUNDREDS DAILY FOR LACK OF DRUGS IN THE HOSPITALS..THE MONEY DISBURSED AS EXCESS CRUDE TO LOCAL GOVTS TOWARDS THE END OF LAST YEAR CAN EMPLOY 65% OF UNEMPLOYED GRADUATES AND PAY OUR SALARY FOR THE NEXT 15YEARS CONVINIENTLY..BUT WHAT HAS THE LOCAL DONE WITH THE FUNDS?INSTEAD THEY PURCHASED EXPENSIVE OFFICIAL VEHICLES FOR THEMSELVES AND STARTS PROJECTS THEY KNOW CERTAINLY THEY WILL NEVER COMPLETE..WHAT HAS HAPPENED TO OUR REMAININ FUNDS..SHAME ON ALL THE ECONOMIC ADVISERS IN NIGERIA,IF THEY ARE PEOPLE WITH MORAL STANDINGS THEY WILL HONOURABLY RESIGN AND BOW OUT OF OFFICE IN SHAME... to be continued.