Best of the Week
Most Popular
1. TESLA! Cathy Wood ARK Funds Bubble BURSTS! - 12th May 21
2.Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
3.GOLD GDX, HUI Stocks - Will Paradise Turn into a Dystopia? - 11th May 21
4.Crypto Bubble Bursts! Nicehash Suspends Coinbase Withdrawals, Bitcoin, Ethereum Bear Market Begins - 16th May 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.Cathy Wood Ark Invest Funds Bubble BURSTS! ARKK, ARKG, Tesla Entering Severe Bear Market - 13th May 21
7.Stock Market - Should You Be In Cash Right Now? - 17th May 21
8.Gold to Benefit from Mounting US Debt Pile - 14th May 21
9.Coronavius Covid-19 in Italy in August 2019! - 13th May 21
10.How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part 2 of 2 - 18th May 21
Last 7 days
USDT Ponzi Scheme FINAL WARNING To EXIT Before Tether Collapses Crypto Exchange Markets - 22nd Jun 21
Stock Market Correction Starting - 22nd Jun 21
This Green SuperFuel Could Change Everything For the $14 Trillion Shipping Industry - 22nd Jun 21
Virgin Media Fibre Broadband Installation - What to Expect, Quality of Wiring, Service etc. - 21st Jun 21
Feel the Inflationary Heartbeat - 21st Jun 21
The Green Superfuel That Could Disrupt Global Energy Markers - 21st Jun 21
How Binance SCAMs Crypto Traders with UP DOWN Coins, Futures, Options and Leverage - Don't Get Bogdanoffed! - 20th Jun 21
Smart Money Accumulating Physical Silver Ahead Of New Basel III Regulations And Price Explosion To $44 - 20th Jun 21
Rambling Fed Triggers Gold/Silver Correction: Are Investors Being Duped? - 20th Jun 21
Gold: The Fed Wreaked Havoc on the Precious Metals - 20th Jun 21
Investing in the Tulip Crypto Mania 2021 - 19th Jun 21
Here’s Why Historic US Housing Market Boom Can Continue - 19th Jun 21
Cryptos: What the "Bizarre" World of Non-Fungible Tokens May Be Signaling - 19th Jun 21
Hyperinflationary Expectations: Reflections on Cryptocurrency and the Markets - 19th Jun 21
Gold Prices Investors beat Central Banks and Jewelry, as having the most Impact - 18th Jun 21
Has the Dust Settled After Fed Day? Not Just Yet - 18th Jun 21
Gold Asks: Will the Economic Boom Continue? - 18th Jun 21
STABLE COINS PONZI Crypto SCAM WARNING! Iron Titan CRASH to ZERO! Exit USDT While You Can! - 18th Jun 21
FOMC Surprise Takeaways - 18th Jun 21
Youtube Upload Stuck at 0% QUICK FIXES Solutions Tutorial - 18th Jun 21
AI Stock Buying Levels, Ratings, Valuations Video - 18th Jun 21
AI Stock Buying Levels, Ratings, Valuations and Trend Analysis into Market Correction - 17th Jun 21
Stocks, Gold, Silver Markets Inflation Tipping Point - 17th Jun 21
Letting Yourself Relax with Activities That You Might Not Have Considered - 17th Jun 21
RAMPANT MONEY PRINTING INFLATION BIG PICTURE! - 16th Jun 21
The Federal Reserve and Inflation - 16th Jun 21
Inflation Soars 5%! Will Gold Skyrocket? - 16th Jun 21
Stock Market Sentiment Speaks: Inflation Is For Fools - 16th Jun 21
Four News Events That Could Drive Gold Bullion Demand - 16th Jun 21
5 ways that crypto is changing the face of online casinos - 16th Jun 21
Transitory Inflation Debate - 15th Jun 21
USDX: The Cleanest Shirt Among the Dirty Laundry - 15th Jun 21
Inflation and Stock Market SPX Record Highs. PPI, FOMC Meeting in Focus - 15th Jun 21
Stock Market SPX 4310 Right Around the Corner! - 15th Jun 21
AI Stocks Strength vs Weakness - Why Selling Google or Facebook is a Big Mistake! - 14th Jun 21
The Bitcoin Crime Wave Hits - 14th Jun 21
Gold Time for Consolidation and Lower Volatility - 14th Jun 21
More Banks & Investors Are NOT Believing Fed Propaganda - 14th Jun 21
Market Inflation Bets – Squaring or Not - 14th Jun 21
Is Gold Really an Inflation Hedge? - 14th Jun 21
The FED Holds the Market. How Long Will It Last? - 14th Jun 21
Coinbase vs Binance for Bitcoin, Ethereum Crypto Trading & Investing During Bear Market 2021 - 11th Jun 21
Gold Price $4000 – Insurance, A Hedge, An Investment - 11th Jun 21
What Drives Gold Prices? (Don't Say "the Fed!") - 11th Jun 21
Why You Need to Buy and Hold Gold Now - 11th Jun 21
Big Pharma Is Back! Biotech Skyrockets On Biogen’s New Alzheimer Drug Approval - 11th Jun 21
Top 5 AI Tech Stocks Trend Analysis, Buying Levels, Ratings and Valuations - 10th Jun 21
Gold’s Inflation Utility - 10th Jun 21
The Fuel Of The Future That’s 9 Times More Efficient Than Lithium - 10th Jun 21
Challenges facing the law industry in 2021 - 10th Jun 21
SELL USDT Tether Before Ponzi Scheme Implodes Triggering 90% Bitcoin CRASH in Cryptos Lehman Bros - 9th Jun 21
Stock Market Sentiment Speaks: Prepare For Volatility - 9th Jun 21
Gold Mining Stocks: Which Door Will Investors Choose? - 9th Jun 21
Fed ‘Taper’ Talk Is Back: Will a Tantrum Follow? - 9th Jun 21
Scientists Discover New Renewable Fuel 3 Times More Powerful Than Gasoline - 9th Jun 21
How do I Choose an Online Trading Broker? - 9th Jun 21
Fed’s Tools are Broken - 8th Jun 21
Stock Market Approaching an Intermediate peak! - 8th Jun 21
Could This Household Chemical Become The Superfuel Of The Future? - 8th Jun 21
The Return of Inflation. Can Gold Withstand the Dark Side? - 7th Jun 21
Why "Trouble is Brewing" for the U.S. Housing Market - 7th Jun 21
Stock Market Volatility Crash Course (VIX vs VVIX) – Learn How to Profit From Volatility - 7th Jun 21
Computer Vision Is Like Investing in the Internet in the ‘90s - 7th Jun 21
MAPLINS - Sheffield Down Memory Lane, Before the Shop Closed its Doors for the Last Time - 7th Jun 21
Wire Brush vs Block Paving Driveway Weeds - How Much Work, Nest Way to Kill Weeds? - 7th Jun 21
When Markets Get Scared and Reverse - 7th Jun 21
Is A New Superfuel About To Take Over Energy Markets? - 7th Jun 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Economic and Social Crisis in Nigeria

Politics / Africa May 06, 2010 - 02:59 AM GMT

By: Global_Research

Politics

Best Financial Markets Analysis ArticleKola Ibrahim writes: As workers in Nigeria celebrate this year’s Workers’ Day, the political challenges before the working and poor people is more vital today more than ever before. That the capitalist political class has severally and collectively plunder the huge resources of the nation, while the poor people go hungry, is no more news. For the past almost eleven years of civil rule, workers have fought tooth and nail to gain better living but every demand of workers in this regard is met with stiff opposition from the capitalist ruling class at all levels.


While the Teachers’ Salary Scale (TSS) the Nigerian government was forced to concede to has not been implemented in many states of the federation, the demand of the workers for substantial wage increase from the meager N5500 (about 37 dollars) a month to N52, 200 (about 234 dollars) is stubbornly opposed by all tiers of government.

Yet, despite unprecedented monetary resources that had accrued to the nation’s purse since 1999, nothing fundamental has improved in the living standards of an average Nigerian, while there is seeming absolute infrastructural collapse. Hundreds of billions being sunk into road construction, power generation, funding education, etc have found their mysterious routes back to the private accounts of moneybag politicians and businessmen. Despite plethora of anti-graft agencies (EFCC, ICPC, Code of Conduct Bureau, Special Anti-Fraud Unit, the Judiciary, etc), pervasive corruption still remain the way of live of politicians and big business. Aside all this is the continued attacks on the working and poor people, the latest of which is the deregulation of the oil industry, and more importantly deregulation of the fuel pricing.

Commendably, Nigerian workers and oppressed have wages countless battles against malfeasance and attacks on their living conditions; but the more they fight a policy, the more anti-poor policies launched against them. In this milieu, the question then arise of why workers will allow looters, anti-poor politicians and bankrupt public officers to get to power in the first place. Nigerian workers, with their social, organizational and numerical strength, can change the political landscape in the interest of the poor people if their mass organizations (trade unions and their leaderships) are prepared to build a working class political platform that will challenge the bankrupt capitalist political class. Events have shown that when Nigerian workers and the poor enter the arena of struggle or politics, the atmosphere will definitely change. This is clearly shown by the power of general strikes organized by workers, where even the busiest roads are turned into football pitch. This shows the popularity and the strength Nigerian workers enjoy amongst the oppressed; if only this is turned into a vital asset to unseat anti-poor politicians and the system they represent.

However, as a result of the absence of a working class political party, various sections of the capitalist politicians, who have been sidelined from centre of resource control, coupled with some big business funded NGO, have turned this into an opportunity to pose as alternative. In practical sense, there is fundamentally no difference between the ruling PDP and the opposition parties. Take Lagos State for instance, where the opposition AC is in control; education has been commercialized, health infrastructure is in comatose while roads are still in their deplorable conditions. The so-called Mega-city project of Fashola has meant destruction of livelihood of several poor artisans and petty traders, without alternative means of survival. The party itself is controlled by a few moneybags. Thus, such a party cannot be the alternative structure needed by the working and poor people to liberate themselves from the stranglehold of poverty and misery.

This brings us to the question of the Labour Party, which was founded by trade union leaders. This party, as the name suggests, is supposed to be the party of the working and poor people. But the trade union leadership, aside handing the party over to some traditional politicians, has refused to mobilize the forces of workers to build the party as a genuine working class political platform, with clearly different economic and social programmes. This has made the party attractive to many moneybag politicians, who have failed to achieve their goals in other corrupt political parties. The implication of this is that the Labour Party is gradually losing its pristine outlook. The same labour leadership that fails to build the Labour Party is conveniently having ‘strategic partnership’ with government that is attacking the welfare interests of workers and the poor people.

In fact, many capitalist parties, having seen the enormous strength that a Labour Party can pull in the coming period have started romancing the party with an idea of electoral collaboration or Mega-party project. This is unfortunate as the Labour Party itself is a Mega-party by orientation, if built in this line. What the Labour Party need today is a summit of labour movement, pro-labour organizations (especially in LASCO), students’ movement, socialist movements, etc, where the task of building a viable, politically strong Labour Party will be charted out and work start in earnest as the 2011 elections is fast approaching. We need to build a Labour Party that will be completely different in its form of party organization and working. We need a Labour Party that will be democratically controlled and funded by rank-and-file members through a genuine internal democracy. This can only make sense when workers, youth, students, artisans, peasants, unemployed, etc join the party en mass. This can be achieved easily if the central labour unions (NLC and TUC) and other trade unions mobilize their members to the party.

More importantly, in order for the party to truly stand as strong opposition to other anti-worker, anti-poor capitalist political parties, including those claiming to be in the opposition, it needs to stand for economic and political policies that will be different from other parties. These include that:

1. The party must stand against all anti-poor policies of privatization of public enterprise and utilities, commercialization of social services like education, health and roads, deregulation of oil industry, retrenchment and casualization of workers, among others.

2. On the contrary, the party must stand for re-nationalization of all privatized public enterprises and utilities; massively develop them and put all public enterprises and utilities under the democratic control and management of workers, community (where they operate) and consumers, as a deterrent against mismanagement of these enterprises. This means that manager and officials of the enterprises, corporation and utility firms will come from the democratic decisions of workers and communities and will be subject to recall if found incapable or unworthy. Furthermore, the party will stand for massive funding and development of social services like free and quality education at all levels, free health services at the point of use, massive and integrated road construction, massive public and cheap housing programmes, among others. With this millions of youth will be gainfully employed while the economy will be expanded.

3. The party must adopt a working class and democratic means of running the party. This means that the party officials, either within the party or in government will earn an average salary of a skilled worker, and will be subject to recall if found going against the party principle and manifestoes. Furthermore, a public office holder under the Labour Party platform will publish his or her asset to the public regularly.

4. The party from the grassroots to the national level will serve as a platform of struggle for workers, youth, students and the oppressed people, against all anti-poor policies of government. This means that Labour party in local government will agitate against and lead struggles lack of infrastructures, joblessness, and mismanagement of funds at local level. The same for state and national structures of the party.

5. The party must be built in workplaces, schools, villages and communities.

It is these kinds of programmes that can make the Labour Party become the real alternative and mega-party of the majority of Nigerians who are living abject penury, despite enormous wealth. This is the only way to build movement against rigging of election, because a genuine mass party of workers and poor people can hardly be rigged. The reason rigging is prevalent today is because workers and poor people have been ostracized from political role.

This is calling on working class activists and labour leaders to move towards building the Labour Party as a truly labourers’ party by mobilizing workers, peasants, artisans, okada riders, petty traders, youth and students to the party. We must collectively ensure that the party is not handed over to moneybag politicians. We call on NLC, TUC and other trade unions to build the Labour Party as a workers’ party. This is the only way to prevent anti-poor politicians from ruling us again.

Global Research Articles by Kola Ibrahim

© Copyright Kola Ibrahim, Global Research, 2010

Disclaimer: The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of the Centre for Research on Globalization. The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible or liable for any inaccurate or incorrect statements contained in this article.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in