The intent of leadership in any structured sort of federal government is to have an buy for the harnessing of all resources for the gain and welfare of the citizenry. Leadership comes with duties to the followers tasks to have and go after a eyesight that guarantees the peace and prosperity of the nation.
While it is of terrific profit for a nation to be blessed with normal resources, it is vital for nations to create and employ her human methods which is in point the most critical source.
When Nigeria is privileged to have a purely natural source – oil, a person can’t correctly explain Nigeria as blessed. When in comparison with other nations who possess this exact same all-natural useful resource, Nigeria falls shorter of expectations. Because oil was to start with found in Oloibiri in 1956, Nigeria has created billions of bucks of earnings that has neither reworked her infrastructure, nor prospered her citizens or diversified her economy. Analysts at Regular Bank estimate that Nigeria has acquired over $1.6 trillion in the final 50 several years.
The United Arab Emirates (UAE) comprising Dubai, Abu Dhabi and other emirates is a classic instance of a country that has successfully and successfully utilized her oil wealth to completely transform her infrastructure, prosper her citizens and diversify her economic climate. This was attained by an unselfish management that possesses appreciate, vision and a drive and potential for excellence, features Nigerian rulers’ deficiency.
A nation’s dependence on a one resource of money is as unsafe as it is silly. It is even much more silly when these types of a source is one particular that can not be managed or confirmed by the nation. In 2011 at the opening of the 29th Annual Intercontinental Meeting and Exhibition of the Nigerian Affiliation of Petroleum Explorationists which held in Lagos, geologists and other oil sector stakeholders warned that Nigeria’s oil reserves may possibly be fully depleted by 2050. Potentially this point is what would make present leaders relax that they will have amassed more than more than enough prosperity by then. What comes about to our nation article 2050?
While other nations are striving to diversify their economies, Nigeria stays plundering her oil prosperity devoid of any concerted effort and hard work to sustain and broaden her sources of earnings. Western nations (particularly the United States) are spending billions on exploration to build alternative sources of power to lessen dependence on oil – the mainstay of our economic system and we are executing very little to assurance our survival. Considering the fact that 2008, the US has practically doubled power era from renewable resources. The Obama administration has always accorded precedence status to cleanse and renewable electricity. The United States Office of Power acquired $35 billion for cleanse technology and strength effectiveness funding in a 2009 economic stimulus evaluate. Considering that then, they have been given money in billions of pounds on a yearly basis to help analysis to improve power performance, biofuel, option fuel cars, and so on. The Obama administration thinks that supporting research for different, renewable and environmentally friendly strength will guide to a breakthrough in coming several years to assurance energy independence and chart a new program of economic prosperity.
The new challenge is no matter whether our oil will be as worthwhile as it was in the earlier or even as is at this time in the coming decades. Reduce in the price of oil is an indication of a reduce in price and demand from customers. We are all witness to the free tumble of the benefit of the naira arising from the tumble of global price tag of crude oil.
Mohammed bin Rashid Al Maktoum in his guide titled “My Vision: Issues In The Race For Excellence” said – “Our unique practical experience in the UAE is a good example of what can be done when God blesses a region with an unselfish management that strives for the superior of its folks and not its possess. Good management places the pursuits of the local community as a full in advance of those of any precise group”.
Nigerian youths of nowadays must rise up to the obstacle of getting the unselfish management that will try to convey Nigeria out of the doldrums. Past and existing leaders have by their kleptomania and profligacy designed problems that the youths will go on to bear the brunt of if they do not get up the saddle.
Whilst Nigeria may well be confronted by grave problems ranging from corruption to terrorism, unemployment, infrastructural deficit amongst others, the best obstacle of one particular of obtaining a leadership with the vision, want and capability for excellence to winner and immediate the beneficial modify that Nigerians earnestly yearn for. May well God grant our prayers of a tranquil and affluent long term.
