Thank You Emigrants

By

Mutiu Animashawun

admatt30@yahoo.com

In this season of debt forgiveness for most of theworld poorest nations and 60 percent discount for Nigeria's external debt by Paris Club, it is still a lolling dribbling world where everything and anything seem to have potential to change with the wind of time. But the whiff of "justice for Africa" can be a boom for all sort of unintended consequences or hidden agenda. Such as parasites that worm their way into the heart of economic booster because of sheer greed at the rear-ends, Nigeria and company, or impatience for slow returns- the economic back-fill- into the front-ends' coffer. Merchant discounters live and die by the rule of large number. Likewise, the front-ends are banking on booming trading activities tied to the discounting terms to back-fill their upfront lost. Nigeria presents a classic case to exploit to the maximum given its population size, oil wealth, and influence in West Africa.

As the external economic pressure on Nigeria is evaporating, maybe the oil-rich South-south will be preoccupied with the dividends of booming internal economy to the point of wiping out the annual premium tagged on crude oil price as a result of unrest. If in doubt, the front-ends' national interests dictate the direction of economic aids. If still in doubt, the crude oil price is soaring with rising worldwide demand but the expected economic prosperity is no where to be seen in thinning middle and busting lower classes. Which, over three decades in modern time, is usually considered a benchmark of major societal upheaval about to ripe open. The first five year is a wait-and-see period. The next five is when economical ables will be leaving for the traditional immigrants' favorite countries in dove.

During the successive five's, the dwindling marketable ables follow. The economical disables duke it out with one another in a Darwinian fashion, and with the upper class to the point of massive breakdown of law and order in the version of classic barbarians at the gate.

In Nigeria, the gate and surrounding fence get taller with electrified, razor-sharp edge at the top in the population centers. Nowadays, armored-plated vehicles are common part of personal security. But Nigeria is not just another cliffhanger to let die of natural consequence of prolong bad governance as in case of Democratic Republic of Congo without seriously damaging the pipelines of crude oil worldwide. And the resulting Domino effect as one of the recognized economic hubs of Africa crashes so goes another one in a succession.

Even if the diversified South African economy can withstand it. The sheer load will be too much for her to sustain for long with Zimbabwean debacle still playing out. Eventually, it is exodus or rot. To avoid a nightmare for the 90 percent of the world population should the majority of 10 percent in Africa decide to emigrate from their homeland in a locust-like swarm, it is in the interest of G-8 or lesser G-8's of this world to help the regional hubs in such a way that spillover effects will create sustainable economic life in the likes of ECOWAS.

If exodus is a remote possibility, the mini-version is playing out in Nigeria at the embassies of G-8, lesser G-8's, and their neighbors. Nigeria alone has about three million anchors or more, Nigerian legal residents or citizens. They are triggers of exponential growth of emigration into US. And another one million can do so in UK. The kind of number tugging at the two influential members of G-8 is a cause to be talebearers of Nigeria's request for discount before the Paris Club.