Absolutely, we have the power to change the narrative by fostering a robust manufacturing sector and a productive economy. However, this transformation begins with our mindset. We must shed the mentality of segregation and oppression that has held us back for far too long. Whether we like it or not, the Igbo people have emerged as significant beneficiaries of the Nigerian project. Before the war, we were at the helm, leading every sector of the economy, including the armed forces.
After the war, every Igbo family had to start anew with just £20. Yet today, we proudly own a substantial portion of properties in Nigeria’s political (Abuja), economic (Lagos), and oil capital (Port Harcourt). I have visited these cities and I give all glory to God, for it is only through Him that we have achieved this. The majority of the money circulating is Nigerian money. For instance, if a Hausa man secures a contract worth N1 billion, he might take N100 million and subcontract the work to an Igbo man, who then supplies the necessary goods for N500 million, pocketing a profit of N400 million. This Igbo entrepreneur can then invest in a hotel and delve into the real estate business.
Consider this: if 10 million Nigerians own generators averaging N40,000 each, a staggering 98% of that revenue lands in the hands of the Igbo community. That’s a total of 400 billion Naira, with potential profits of about 80 billion Naira. This is just a glimpse of the immense opportunities that exist across Nigeria. If they balkanize this country, we risk losing out on at least $35 billion USD in investments that could flourish throughout Nigeria.
Now, let’s return to our home front. If each of the five southeastern states received an average of 4 billion Naira monthly, that would amount to 48 billion Naira annually. When you multiply that by five states, we arrive at 240 billion Naira per year, culminating in approximately 5.5 trillion Naira, or around $3.45 billion USD over 23 years of uninterrupted democracy. Yet, here we are, fixated and lamenting, It’s disheartening. Most African countries haven’t experienced that level of funding in the past 23 years.
It is crucial that we unite, acknowledging our shared responsibilities and taking decisive action to break the cycle of violence and insecurity in Ala Igbo. Let’s move forward with a unified vision for development and progress, strategically follow the money, and hold our political leaders accountable for the changes we seek. Together, we can build a brighter future.
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