Nigerian economy and Indian investors

Starting from the micro level, there are Indians who employed Nigerians as their domestic servants but abused, enslaved and paid incommensurate wages or salaries to these unfortunate Nigerians. The Immigration Services, Foreign Affairs Ministry, Ministry of Labour, Ministry of Interior, Nigerian Labour Congress, National Assembly, Ministry of Trade and Investment and Bureau of Public Enterprises, […]

Starting from the micro level, there are Indians who employed Nigerians as their domestic servants but abused, enslaved and paid incommensurate wages or salaries to these unfortunate Nigerians. The Immigration Services, Foreign Affairs Ministry, Ministry of Labour, Ministry of Interior, Nigerian Labour Congress, National Assembly, Ministry of Trade and Investment and Bureau of Public Enterprises, are all very crucial to these matters of economic sabotage and inhumane treatment to Nigerians and the nation as a whole by Indians.

Given the urgency of these matters, the National Assembly must act proactively and very urgently to address these issues.  Some Indians are not genuine investors as they claim to be. Let the Ministry for Trade and Investment take census of the Indian investments in Nigeria and see how genuine their purported investments have better our economy. Without speculating, the discovery I am very sure, will shock the nation.

The degree of damage Indians have done to Nigerians and the nation are very calamitous. It is a tragedy of bad governance that has brought this nation to the present state of our bad economy created by irresponsible Nigerians who paved the way for their foreign collaborators to sabotage our economy. The revelations during the just concluded Senate Ad-Hoc Committee of Privatization were mind boggling. A so-called investor bought Nigerian Volkswagen with promises to invest, turn-around and reposition the moribund auto company better than they met it, but even at that moribund level the company was still far better than what it is today.

Another revelation was that of moribund Ajaokuta Steel Complex, purportedly concessioned or sold to Indian investors. Nigeria as a nation might not know what would have happened to our hope of becoming a technologically developed nation through Ajaokuta Steel Complex if not for the labour unions who were so patriotic and responsible to raise alarm at the massive looting of the installed machineries in the complex by the Indian Investors, who ought to have turned around the complex but ended up selling our common inheritance and threaten to sack the workers for being ferocious and outspoken against the Indian investors’ outright dismantling of the installed machines in the complex. These revelations have been confirmed by the federal government delegations from the Ministry of Power and Steel, who investigated the dismantling saga and devastation of our steel sector by the Indian investors.

Take it or not, the Indian investors in Nigeria are agents of imperialism and saboteurs of the highest order, who are carrying out the grand design of their principals to derail our dream of becoming one of the giant economies by the year 2020.

Leke Adelere, Lugbe, Abuja