Wednesday, March 6, 2013

My Personal Ode to HUGO CHAVEZ: A Lesson for Africa, A Shame to "American Consensus"!


In as much as I am an ardent believer in Modern liberalism, representative democracy, and free market economy with not-more-than-neccessary government intervention as the best forms of social, political and economic ideologies. I cannot however deny my admiration for Hugo Chavez and his socialist policies.
The lifes and times of Hugo Chavez should be a great lesson to many other leaders in the world, especially Africa, where the priority of myopic leaders is to enrich their pockets, impoverish their people, create illiteracy, hunger, and sacrifice their countries' future on the alter of pro-Americanism.

Africa is blessed, or cursed with mediocre leaders who are quick to satisfy western egos, enrich western economies with our oil wealth, and invest in production and capital in the west with stolen money from mother Africa, all at the expense of their people's posperity and even right to existence.

From Mugabe, to Mobutu, Idi Amin, Sanni Abacha, Gnassingbe Eyadema, Robert Mugabe, Modibo Keita, Olusegun Obasanjo, Ahmed Sekou Toure, Ibrahim Babangida, Omar Bongo, the list of African tyrants goes on and on and on. Individuals unworthy of leading small groups have assumed national leaderships in Africa, and contributed to the abject impoverishment of their nations, turning the blessings of Africa's resources into her curses. These shameless rulers who spend all their time in power stealing unprintable amounts of wealth are always so quick to please western powers, until ofcourse they fall out of favour, and alas become toppled, murdered, or disgraced out of office through pressures from various quarters or the bullet.

Once upon a time when leaders like Hugo Chavez rise from small sized nations and leave their footprints on the hearts of mankind, friends and foes alike, we owe it to posterity to salute such men and document their achievements. Chavez displayed unprecedented courage in his anti western ideas, and proved to the world that nations can bring their citizens out of poverty without neccessarily acting as western "ass-kissers". Chavez questioned status quo in a largely uni-polar world order, and proved that  the "American consensus" approach to socio-economic policy wasn't always the best or only option to follow.

Despite an overwhelming influence on the people and the polity, Chavez conducted and won elections, introduced constitutional reforms and subjected them to referendum, and above all, he accepted the results of these processes.

While he is not a perfect leader, as no one is, we can safely agree that Chavez was able to shut the mouths of his most powerful western adversaries by delivering quality, measurable leadership to his ordinary citizens.
To make it simple, Hugo Rafeal Chavez bettered the life of his citizens, especially the poor.

Below are a summary of some of the achievements of this tremendously remarkable man.

1. REDUCTION OF POVERTY

During the administration of the Bolivarian Government led by President Hugo Chávez, the extreme poverty rate significantly fell from 42% in 1998 to 9.5%. This result allowed Venezuela to achieve in advance this UN Millennium Goal. General poverty was also significantly reduced, from 50.5% in 1998 to 33.4% in 2008.

Venezuela's Human Development Index also increased from a 0.69 (medium development) in 1998 to 0.84 (high development) in 2008. Currently, Venezuela ranks 67 out of 179 countries according to the 2008 UNDP report.

Venezuela's Gini coefficient fell to 0.4099, the lowest in the country's history and in Latin America. In 1998 it was 0.4865.

2. ACCESS TO EDUCATION

In 2005, Venezuela achieved the goal set by UNESCO to declare a country an illiteracy-free territory; 96% of adults and elders know how to read and write. But we are still working and 99.6% of the population over the age of 15 is now literate.

Currently, the Venezuelan state spends 7% of the GDP on education, compared to 3.9% of Venezuela's GDP in 1998. Without including the socialist missions (social programs), school enrolment was 6.2 million students in 1998; now it is 7.5 million students both in public and private schools.

The socialist missions, created as an initiative of President Chávez to look after the population excluded from the formal educative system, show the following statistics:

a. Mission Robinson II: 437,171 students, including 81,000 indigenous students, have graduated.

b. Mission Ribas: 510,585 students have graduated.

c. Mission Sucre: 571,917 Venezuelans are in the higher education system in 24 programs (career), in 334 different municipalities. 30,000 students have graduated from seven programs: education, environmental management, social management of local development, journalism, management, computer science, and agro-food production.


3. ACCESS TO HEALTH

Venezuela invests 4.2% of its GDP in health and it continues deepening strategies to guarantee Venezuelans free access to health with the creation of the social programs Barrio Adentro I-II-III and IV. Up to 2009, Barrio Adentro has made the following achievements:

a. 24,884,567 Venezuelans, that is to say 88.9% of the population, benefit from this mission.

b. 630,491 Venezuelan lives have been saved thanks to this mission.

c. Barrio Adentro has inaugurated: 6,531 popular health centers, 479 Integral Diagnosis Centers, 543 Integral Rehabilitation Centers, 26 High Technology Centers, 13 popular clinics, 459 popular opticians and 3019 locations offering medical and dental care.

The public health policies developed by the Bolivarian Government have managed to reduce the children mortality rate (children under 5 years) to 13.7%. In 1990 this figure was 25.8%.

4. SOCIAL SECURITY

Unemployment has been reduced by 50% during President Chávez’s administration, falling from 12% to 6.1% by early 2009.

In May 2007, the Venezuelan minimum wage became the highest in Latin America (US$372). In addition, workers receive a monthly bonus for food amounting to over US$139. Also, pensions have been increased to the minimum wage.

5. ECONOMIC DEVELOPMENT

The Venezuelan economy has experienced 20 consecutive quarters of growth. The year 2004 stands out with an historical growth of 18.3%. The 2008 rate of growth was 4.9%. Our economy has grown by 526.98% compared to the Venezuelan economy in 1998.

Venezuela has the fourth largest economy in Latin America after Brazil, Mexico and Argentina.

6. FOOD SOVEREIGNTY

In order to guarantee the country's food security and sovereignty, the Bolivarian Government created Mission Food, whose aim is to offer basic foodstuffs to the Venezuelan population at low prices and without intermediaries. This initiative materialized with the creation of a network of storing centers and stores (Mercal, PDVAL, ASA, FUNDAPROAL, and silos, among others).

In 1998, Venezuela produced 16,272,000 tons of vegetables. By 2008, Venezuela managed to produce 20,174,000 tons of food. This represents a 24% increase.

7. PUBLIC DEBT

The public debt dropped from 73.5% of the GDP in 1998 to 14.4% in 2008, placing the national deficit as one of

the lowest in the World.

In 1998, a debt of $3 billion was paid off to the International Monetary Fund (IMF) and to the World Bank (WB).

8. INTERNATIONAL RESERVES

By early 1999, the International Reserves amounted to US$14.3 billion. In January 2009, they amount to US$41.9 billion.

9. TECHNOLOGY SOVEREIGNTY

Before the Bolivarian government, there was practically no investment in science and technology. Today, 2.69% of Venezuela's GDP is aimed at science and technology.

With the creation of the Infocentros (centres of information) and the National Technological Literacy Plan, the access of the population to

information and communication technologies was boosted.

On October 29, 2008, Venezuela launched the Simón Bolívar Satellite from the Sichuan's Satellite Center in the People's Republic of China. It is operative and the Venezuelan state has taken control. Satellite services will be offered to thousands of communities all around Venezuela, and beyond our borders in other Latin American and Caribbean countries, with tele-education and telemedicine programs.

The consolidation of Venezuela's technological sovereignty also includes the nationalization of the main, strategic, telephone company, Venezuela's National Company of Telephones (CANTV, Spanish acronym).

10. ELIMINATION OF GENDER INEQUALITY

Gender equality adds to the achievements of the Venezuelan society. Women’s participation in Communal Centers is 60%; 4 out of the 5 Public Powers are headed by women. The women's presence in the National Assembly (Venezuelan parliament) increased from 10% to 16.5%.
(The 10 points enumerated here are Excerpts From the Venezuelan solidarity campaign)

A good study of Chavez's life will show the painful obvious fact that some of us will gladly sacrifice our leaders for a day to have the leadership styles of Hugo Chavez!

Rest in Peace the "Bolivarian" General!

(Ayo Bankole Akintujoye, Lagos Nigeria, March 2013)

Tuesday, March 5, 2013

EXCLUSIVE NEWS: Dangote Now World’s 43rd Richest Man


EXCLUSIVE NEWS: Dangote Now World’s 43rd Richest Man


With a net worth of $16.1bn as of March 2013, the President, Dangote Group, Alhaji Aliko Dangote, has moved up in the latest world richest ranking to number 43 from 76 in 2012.

According to the list which was released on Monday by Forbes, Dangote and the Chairman of Globalom, Dr. Mike Adenuga were the only Nigerians on the list.

Dangote, 55, however, retained his position as the richest man in Africa and the richest among manufacturers in the world with a net worth of $16.1bn.

Adenuga, 59, on the other hand, ranked 269 on the list with a net worth of $4.7bn.

The world billionaires, list presented Carlos Slim Helu, a Mexican as the world richest man with a net worth of $73bn, while Bill Gates of United States came second with a net worth of the $67bn.
Others are Armancio Ortega of Spain ($57bn); Warren Buffet, United States ($53.5bn); and Larry Ellison of US with $43bn net worth, coming third, fourth and fifth, respectively.

Forbes said, “To compile net worths, we value individuals’ assets, including stakes in public and private companies, real estate, yachts, art and cash – and account for debt.

“We attempt to vet these numbers with all billionaires. Some cooperate; others don’t. We also consult an array of outside experts in various fields.”
The past year has been eventful for Dangote. In October, he sold off a controlling stake in his flour milling company to Tiger Brands of South Africa and pocketed $190m in cash.

In February, his Dangote Sugar Refineries acquired a 95 per cent stake in Savannah Sugar in a bid to maintain its dominant position in the Nigerian sugar industry.

Dangote started building his fortune more than three decades ago when he began trading in commodities like cement, flour and sugar with a loan he received from his maternal uncle.

He delved into full production of these items in the early 2000s and went on to build the Dangote Group, West Africa’s largest publicly-listed conglomerate, which now owns sugar refineries, salt processing facilities and Dangote Cement.

Source: Punch Nigeria