"Remove Corruption Not Subsidies" "469 NASS members gulp N1.12 trillion and its ok....But 160million citizens gulp N1.3trillion and it becomes an issue. #OCCUPYNIGERIA."
CNN Dec 20, 2010: "One of the nightmare scenarios of the 21st century is a "rogue state" or terror group getting its hands on nuclear material that could be sufficiently enriched to make a weapon. And diplomatic cables obtained by WikiLeaks show that from central Africa to central Asia, it's a constant preoccupation of U.S. officials. Two cables from 2007 detailed the discovery of uranium in "multiple containers" in the Democratic Republic of Congo."
"This is 1885 all over again," Bond declaimed, accusing the Brics countries of mounting a "second Scramble for Africa" in their haste to extract the continent's natural resources. China's major construction of infrastructure on the continent - much lauded by South Africa and other African governments as well as development economists - became, in Bond's perspective, just an instrument of Beijing's neo-colonialist enterprise.
Patrick Bons on "... the difference between bogus ‘Africa Rising’ rhetoric as GDP increases thanks to raw materials exports, and Africa crashing in terms of fast-shrinking wealth, especially in resource-cursed countries like Nigeria and South Africa. To fail to acknowledge the distinction is to import from malevolent Northern economists what University of Pretoria political economist Lorenzo Fioramonti calls a Gross Domestic Problem. It means ignoring women’s unpaid labour, pollution, social ills and a variety of other variables that should be measured as losses from net income. The biggest of these GDP-blind factors in Africa is the depletion of natural resources, which when mined or drilled out are only counted as GDP credits on the income accounts, but not as debits, as they should be since a source of future income is now gone. "