Obadiah Mailafia Presidential Candidate of African Democratic Congress (ADC)
Obadiah Mailafia was born in Kaduna State in 1956 (age 62). He attended Ahmadu Bello University and Oxford University, where he obtained a Master’s degree in Economics, Sociology and Politics. Mailafia served as the Chief of Staff of the 80-member African, Caribbean and Pacific (ACP) Group of States based in Brussels. Mailafia is a Career Economist, Banker and International Development Specialist. He served as a Deputy Governor of the Central Bank of Nigeria, and he was a Special Adviser to the President on Economic and Policy Matters. Obadiah was a Member of the Economic Management Team and an Official of the African Development Bank Group. He has been a Non-Executive Director at Nigerian Breweries Plc. since December 5, 2014.
For, there is still widespread poverty and hunger in the land while the unemployment queue is getting longer by the day. Certainly, the performance of the economy is far below the level required for it to make positive impacts on the lives of the people especially in respect of purchasing power, standard of living and general well-being. Therefore, there need to take the following far reaching measures listed below:
ADC will create a $30 Billion Power Generating opportunity with 23,220 MW of power in the first 2 years by encouraging all 774 local governments to generate 30 MW of embedded power each from their areas of comparative advantages namely: Hydro, Wind, Solar, Coal, Gas, Biogas, Waste Dump Sites etc. This will trigger an industrialization policy tagged ‘Make What We Take’, simply put, we produce what we consume and drive Innovation and industrialization. Jobs will be created, people will earn a living and the ADC will pull Nigerians out of poverty.
The above moves will further free up the Foreign Exchange pressure on the Naira as importation will drastically reduce through an increase in local production and ensure macroeconomic stability and increased economic competitiveness in the country.
The provision of essential infrastructure is one of the basic responsibilities that define the basis of government's existence. The ADC will consider it not as a cardinal program but a highly important government activity to be taken seriously for the betterment of the people. Although it will not be possible to provide all the infrastructural needs of the country overnight, under the government of ADC, the country will witness a revolution in this sector. And it is possible, it can be done and it can and will happen. We will be imaginative and tap into the ingenious resources of Nigerians. It has taken the United Arab Emirates less than thirty years to build a modern nation that displays wonders of modern technology and the latest paraphernalia of modern living.
The ADC will from monies saved from fuel importation and subsidy payments:
Invest N7.2 Trillion ($20 Billion) over a 5 year period in collaboration with the NSE to Complete and expand the scopes of all on-going road rehabilitation, construction and reconstruction projects in the country. We will invest heavily on the construction, rehabilitation and reconstruction of more roads by opening new roads where necessary and emphasize the use all Nigerian civil engineers where available.
ADC will attach great importance to the air transport industry.
In particular, our party will commit $25 Billion to:
Rail transport has emerged as one of the most dependable modes of transport in terms of safety. Trains are safer and the least affected by usual weather turbulence like rain or fog, compared to other transport mechanisms. Rail transport is an enabler of economic progress, used to mobilize goods as well as people. It can be passenger railways, underground (or overground) urban metro railways, or it can be goods carriages. ADC will accord priority to rail transport development by implementing the $40 Billion (less than 10% already implemented since 2006 enactment) 25 year Railway Master plan that conveniently links every part of Nigeria against the background of its major constraint which is heavy cost. ADC recognizes that trains need high capital to build and maintain and the cost is magnified when a whole rail network is to be built. The cost of construction, maintenance and overhead expenses are very high compared to other modes of transport. ADC will, therefore, source for funds locally and internationally to accelerate ongoing projects and cover the country with comprehensive rail transport system within the shortest time possible.
With a projected $100+ Billion budget when all loopholes are blocked in her first year, The ADC educational policy would be made to:
To the ADC, women (including girls) are jewels of inestimable value, apologies to the late sage, Chief Obafemi Awolowo who once used that expression in reference to his wife. In spite of being 52% of the country's population, women are unfortunately at the receiving end of economic, political, cultural and educational marginalization. We of the ADC, therefore, consider the empowerment of women in these areas an urgent imperative.
The empowerment of women will lead to highly valuable outcomes. It will increase the self-worth of women, reduce the nation's dependency ratio, and increase the ratio of the productive population to the consuming population and hence boost aggregate national productivity. It will also increase household incomes leading to increased household purchasing power which in turn will result into an improved standard of living, which will add to the government's income tax, which tax may be invested back into services beneficial to the tax payers, women inclusive. With empowerment, women will become confident to be independent decision makers regarding their career, job selection, education, health, investment and rights.
With a 12 year development plan lasting till 2030, The ADC government will fast track economic development and create new jobs and businesses with $50 Billion local and foreign direct investments throughout this period by encouraging sustainable potable drinking and industrial water reticulation and distribution, fishing trawlers for industrial fishing, building of harbor maintenance industries, opening new and revamping old seaports that will be conveniently linked to roads and railways to address and take advantage of inter-modal transportation, using modern technology to ease these activities. Our water will become one of our major revenue earners.
By ADC's definition, a youth is anyone who is between 18 and 40 years of age. The basic requirement of this category of Nigerians is economic empowerment through skills acquisition and gainful employment. Next to this is political empowerment through participation in the decision-making processes especially on matters that can affect them and their future.
The ADC recognizes those youths that are specially talented or endowed. Among them are our stars in sports, entertainment and various callings and professions. These talents need to be discovered, encouraged and nurtured. We also do know those who are not particularly talented but have latent or buried capabilities waiting to be activated by the right circumstance, situation or people. Then, there are those Persons Living With Disabilities (PLWDs) but not defeated.
This category constitutes about 15% (WHO Statistics) or 27.5 million (NBS Figures) of our population. It is, therefore, a force to be reckoned with in our national scheme of things. More so, the former UN Secretary General, Ban Ki Moon, in the 2010 UN World Report stated that a country that does not support her PLWDs reduces her GDP by a whopping 15%! The ADC will reverse this trend by ensuring that the best comes out of our Youths and PLWDs through deliberate policies that will open the space for them in all endeavours.
The ICT sector is one sector in which ADC will show more than a passing interest with a $50 Billion target in the hardware, software and human capacity development at incubation and technology parks. The party will, upon being sworn in:
For Agric and Solid minerals particularly, the ADC shall encourage henceforth, a Value Addition Program (VAP) such that, our raw materials will not be taken out, refined and imported back to us. Crops like Cocoa, Cashew, Rubber, Cotton etc and All types of stones, ores and mining produce shall be processed here by getting those factories and world class brands to open shop here and export the finished products to their country whilst maintaining the same quality at relatively cheaper labor.
Agropreneurship and 'Gemmillionership' will be the new catchphrase because Nigeria will be inspired to be among the top five agro and solid minerals producing countries in the world with the embrace of modern innovative technology.
The Herdsmen/Farmers clashes will be tackled with creative approaches where, the cattle industry will be enhanced to the standards obtainable in Scandinavian and other developed countries and the farmers will be supported all through from the farms to storage, markets and exports.
$60 Billion will be the target investment for these two critical sectors in the area of machinery, research and development, processing lines and so on, that will create jobs and feed the West African sub region, Africa and the entire world with raw and finished products, all proudly made in Nigeria. We cannot be ripped off ever again.