Governmenting is a big business
I could remember my school days when I came in contact with a high mark examination question that writes; ‘the government is better than your parents, if yes, explain, if no, give reasons’.
I told a friend later about this and he was arguing why they should compare the government with his parents/guardian. We are in such a country where citizens always have what to say against the governments. From unemployment, to underpayment, bad roads, poor electricity control and so on.
Maybe he does not see the fact that there is an overall coverage from the country’s governmental Power. Consider what would happen if the government opened a door for something like war. It will be a season of ‘run for your life’. So yes, in one way or the other, one is benefiting. Governmenting is a big business, let me be focusing more on income generating activities.
Ok, many don't see it this way because they are counting their tenure. Their mentality here is; just take (steal) what you can and move. It has really been that ‘big sick’ mentality. Isn't it always a surprising thing how an individual can be richer than a whole nation? I mean, consider the assets in a country's custody.
I talked about a similar article some days ago centering on how governments are not good at monetizing lucrative opportunities right under their nose.
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It has been one of those feedback I gave someone when trying to discuss the high cost of commodities in our country. Ok, we were looking at Dangote cement products; how the price of each bag has again bounced back to N10,000 per bag.
His contribution here was the lack of market competition which would have corrected this price difference at a very far margin. When I was a kid, I used to hear of Eagle cement; it was our nation’s cement production company. ALL of a suddenly, the name vanished into thin air.
First, you have to consider the importance of housing and urbanization.Backdate every to let's say year 2000 if this company was still up and running.It was one big company that would have generated a lot of revenue to the country. As we speak, we are just at the surface of urbanization.
Development is spreading from the heart of cities into the rurals and you can't doubt how much Dangote and his cement company stand a chance to gain in such a long run.
I am not against him seeing profit in his business, nevertheless, the issue of monopoly is always to the consumer’s harm; exploitation. I feel it is the sole duty of the government to always properly fill this gap.
The effect of the high cost of cement in the process has led to high standards of living. Houses, especially in the town, are very expensive to afford. I keep on saying, ‘one thing leads to another’.
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If most government officials were to be visioneers I feel we would have taken one big economic leap. I am also considering the advantage the government has in the real estate sector. Just spend money and flood the states with duplexes, self contents and leased out shops. Who owns the land rather than them.
They can turn a forest into urbanization, of course they have the firepower; ‘authority and finance’. Just as I earlier touched on, urbanization is becoming a trend, an open opportunity for who can build more.
I am always surprised how they chose to depend on taking pressuring loans (bad debt to be more precise) when there are many open doors for them to stay in profit. Even the agricultural sector.
The big flaws I see in governmenting is ‘greed and mismanagement’. It is the more reason private bodies are thriving. The disadvantage here is that it creates a market space in which the government cannot interrupt most of this exploitive activities.
To conclude, there is still more to consider, how about the world of sports? This sector seems to be joking with opportunities right at their finger tips. When governments complain of lack, the easiest summary is that there are none to a few visioneers in their midst; governmenting is and will remain a big business.
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