Impact of Foreign Policies on Nigeria's Economy

A lot of Nigerians do not know what the, you know,

we're talking economically and so on,

some of the energy and international monetary fund and all of these global

diktats upon this nation. They don't know.

I mean, if you go back to the Kissinger Report, 1974 Kissinger Report,

it was secret then because he was Secretary of State of America, but now it has to

be public because of the law over there after 50 years or something like that.

1974 Kissinger Report,

it says explicitly there that the Nigerian people must not be given

access to their resources, that they must be kept for the rich nations.

And then you have the structural adjustment program of the 1980s

here that privatized our companies and sold off our companies to foreign interest,

de industrialized our nation,

and that was supposed to make our economy more efficient.

Well, it's led us to where we are today.

And so the thing is, most Nigerians don't know this.

They don't know these economic policies, the simplicity of

these things that will enable our country to be rebuilt and to become strong.

Back in the 1970s,

almost everything we consume was made in Nigeria,

and that's been systematically destroyed by foreign powers

so that they can have access to our resources and we won't

be using them on ourselves. That's why Nigeria has come.

The International Monetary Fund is

responsible for the economic condition of this country today,

and it could be turned around in a couple of years.