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| PRESIDENT JONATHAN GOODLUCK |
The Sovereign Wealth Fund was my idea which was published in 1992 in the book the SEETHING WORLD- Written by Prince Frank Onaivi Ukonga to support the Government of Basorun MKO Abiola but then OBJ emerged and began to implement most of the ideas in the book that was meant for the govt of MKO Abiola..so it is praiseworthy that President Jonathan has initiated the SWF with $1billion and i advice the Governor Forum to embrace the giant stride..its the only path of honor...
I also thank the Govt of Norway who have implemented the idea for the past 17 years by consolidating their oil money into a sovereign wealth and holdings...But the modus oparandi of the SWF and the necessity & sufficiency reason de entre is complex and will need further consultation with the inventor of the idea -Prince Frank Ukonga so that it will not derail .
It is not just putting aside sums of money in a Trust to be invested on international level by fund managers like KPM,Morgan..etc..It is more complex than that, but because of the attitude of the Govt of President Jonathan that does not practice the philosophy of embracing other people to come and implement their ideas i will quickly contribute part of the modus oprandi of the idea i invented so that the people in charge can use the idea for the progress of Nigeria and the future of Africa.......
The SWF is a fund carrier for the Nation both , for present and future needs of the Nation...It is like a collateral security for the present bilateral relations with other Nations as well as guarantee the future generations...
.It will act as a debenture capital for the bulk of our foreign policy thrust in investment and direct foreign investment portfolio and .....here i mean the internationalization of all our assets and liabilities in the Schumpeterian order....nothing wrong in having Nigerian refineries in Indonesia, New york..and all over the world...nothing wrong in having gas stations of NNPC Mega stations all over the world...Nothing wrong in floating an international bond of $ 2 trillion dollars to be marketed in all stock exchanges of the world in the context of Nigeria PLC...to raise colossal investment capital and trough cartelizatrion the coupon vouchers are discounted for reimbursements to subscribers at as when due in specific dates of human history...its a little technical but can be achieved to take Nigeria to the supper power level...
......as a catalyst for our private capital foreign policy thrust in the context of emerging Nigerian multinationals like Dangote group, Oando, Globacom, Energy /fleet group.......
.......also their is the urgent need to reinvent the OBJ TRANSCORP- It was one of the best ideas that ever came out of the OBJ -BUT, WAS MESSED UP BY Ms Okereke Ndidi and Mr Esigielli..the idea was also lifted from my book... they never understood the game plan of multinational ism as a new policy thrust of Nations projected into the open arena of business and investments on a global basis to compete as our own shear input in WTO , laiser faire and globalism...this is really complex and all the esoteric theories of wealth of nations and the secrets of "the game without rules "are imperative for the success of the idea which is the rational kernel of sovereign wealth fund...for the purpose of clarity and the superficiality and mundanes of the people of present generation who have problems in deep comprehension and cognition i will have to simplify what i have written above in another article as well as for security reasons, many intrigues that leads to success of Nations in the global investment warfare cannot really be discussed on the pages of Facebook.... I strongly advice the Governors Forum to embrace the SWF ...it is the only path of honor for the present and future of mankind... I wish President Jonathan the best and good luck in this mission...long live Federal Republic of Nigeria...
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