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At her recent swearing in as Finance Minister for the next time around, Ngozi Okonjo-Iweala allegedly declared, "I am here to create jobs." That is music to the ears of most Nigerians, including the reported and staggering 40 million job-seekers and people who know that insufficient employment is a major contributor to the high crime wave in most corners of our Motherland. Together with passage of indigene law, Nigeria will cultivate deeper housing roots and policies capable of ameliorating sectarian offenses, for example the ones that frequently occur in Jos and other parts of our "One Nigeria".

I understood Mrs. Iweala's "I am here to create jobs" remark to mean that she'll work hard to create an economic environment that is conducive to the private sector creating good paying jobs for Nigerian citizens and immigrants. I will come back to why the "immigrants" part is essential to Nigeria's development and prosperity.

It will difficult!

President Goodluck Jonathan ought to be commended for the heightened emphasis he appears to be according to the improvement of the economy in Nigeria. I hope both Finance Minister and the President triumph for the good of Nigerians, until I find results that are measurable even as we support only their worthy efforts, but like many Nigerians, I'll hold additional compliments. Nigerian history is full of false starts and wasted chances.

But, the Minister along with the President cannot and really should not be likely to do it all by themselves without our support. Nigerians everywhere should get all hands on deck and give to worthy causes of any government. Both job seekers and the employed must have strong work ethics and supply exceptional services that produce their employers' businesses prosper so they could hire more people and stay in business for a long time. As if it were his or her dad's business every worker should work it.

In the world's more efficient markets, the private sector is the motor of growth and job development. Nigeria will not need more government or public sector jobs. It needs private sector workers that are more sustainable.

Every government and this should be criticized when they pursue the agenda that was incorrect. That's good and constructive for all. Each administration must be judged by how it enhances the lives of individuals in the long and short run with the people declaring their responsibilities across the way also.

For the first time I wrote to request him to put development of Nigeria's new housing industry for the betterment of all at the top of his economic program. I said the potential externalities of the new home sector for the Nigerian economy. For the reason that missive, I expressed my readiness to give to that particular effort. I made it clear that I neither seek any financial/political benefit nor do I desire to come back to Nigeria forever any time.

Being content in America will not preclude me (or others) from making excursions to Nigeria (at personal expense) to help organize seminars and tours for educating Nigeria's budding homebuilders wishing to learn the American new home approaches. Certainly, I don't have all of the answers but since this is my enthusiastic profession (new dwellings) here in America, it's my wish to give back by contributing the little I know to new homes development in our beloved Nigeria.

I value Mrs. Iweala's choice to return to Nigeria to function. I believe she'll perform nicely in her encore as Finance Minister. After being at the top of the vocation of one abroad for many years, it may be tough to uproot one's family. Returning home to work in Nigeria and leaving the family of one abroad is a commitment that is heavy too, regardless of how much one earns there.

Nigerians inside as well as outside the nation should value those that go down this path to help, and not to loot the coffers. The leaders who request these professionals to return to their own birthplace needs to be recognized and commended depending on positive results, not lip services.

today Naija newspaper It had been reported that President Jonathan recently formed the National Economic Management Team (NEMT) to spearhead his economic agenda. Agencies and the names which make up the team appear notable. If egos are checked in the doorway, and bureaucratic inertia isn't permitted to engrain, monumental great can come from this team. Nigerians everywhere have been waiting for the "coming" to come.

Should they achieve actual success, it'll be to the welcome credit of all the NEMT members and the Jonathan government. Nigerians ought to be carefully optimistic.

The Chief Executive Officer of DN Meyer Plc, Bola Olayinka, says that "Available data reveal that Nigeria is bedeviled with a housing shortage of about 17 million, thereby requiring 50 years to bridge the gap." Just what a goldmine! Any nation will not be sad to have the opportunity in housing that Nigeria has. NEMT should make single family housing a top priority.

For the reader who doesn't know much about the housing industry, I want to take several seconds and scratch the surface of this critically significant economical powerhouse; pun intended.

Contrary to what some at home may think about those of us in Diaspora, we need Nigeria to enhance. We want to possess the workable option to come back for good to Nigeria. We hunger to contribute our share to the creation of our Motherland. We wish to take our kids to Nigeria to show them how fantastic and free life can be there, not only to show them how good they have it here foreign. All of us adore Nigeria (too), perhaps, more than Nigeria adores us!



Authentic Nigerian professionals abroad were not swayed a number of years back from the previous government's "Clarion Call" to return home, because that was perceived as a rudderless call. Nigeria has disappointed so lots of its own people so many times that the few who have found greener pastures overseas is not going to be easily lead into the lion's den again. Footprints pointing inward without any footprints coming out are seen by them; and they understand that people who entered were consumed by the starving lion in the lair.

When loved ones in Nigeria strongly encourage their people abroad not to return home because of the states there, it's heartbreaking. Each time I remain in The United States discover that warning , nor come back is hurt by it. Content Nigerians abroad do not see any glamour with deafening sirens blaring, as are generally the instances when the lowest graded persons in the authorities move around town back home in riding about in armored vehicles news at Naija insane speeds.

Lack of secure electricity, protection, adequate healthcare, and poor roads impact all. Not being able to jog or ride your bicycle ten miles down the road without fear of robbed, kidnapped, bombed, or being run over are really depressing states of affairs in latest Naija news for today.

Some Nigerians in Diaspora do not find it enticing to have helpers for chores they're used to doing themselves. For the development of good jobs be sustained in Nigeria and to take off, both the people and also the leaders should look at the following:

1. Decentralize and privatize distribution and electric power generation.

2. Decentralize police and other law enforcement agencies as they may be whose system of government we aspire to emulate.

3. Cultivating the Real Estate industry via private and public sectors partnership.

4. Applying and passing the Indigene law, which makes any city or state where one resides for 6 or more consecutive months one's new residence with full and equal rights.

5. Applying Federal, State, County, City, Property, and Sales Tax laws; no sacred cows. Corruption and waste could be curtailed when authorities are financed by taxes. Looters could be castigated in public squares if they embezzle taxpayers' hard earned cash. Stealing oil money is one thing; snitching tax revenue is an entirely different question.

6. Administered controlled and schools should be reorganized. Parents should be prepared to cover the true cost of preparing their children. Schools needs to be rated every year along with the scores made public, so failing schools are closed and teachers retrained.

7. Every Nigerian should turn into a stakeholder with power and full responsibility to be steward of the nation and the community. We must not let foreign oil companies to pollute and ruin our environment with impunity.

8. Citizens and immigrants have to be prepared to pay for and defend the system or rule of law.

9. We ought to lay the groundwork to get a network of radio, television, and print media to become the people's vanguard.

10. We ought to commence the much talked about national identification plan to track and keep records of individual actions and behaviors. This is not a foundation for answerability and trade, although a police state thing, the same as the American Social Security Number system.

Some economists believe the American economy, and to a greater extent the worldwide economy, will recover only after the U.S. Home market recovers. Home is the fact that crucial. In 2008, America's National Association of Home Builder (NAHB) estimated the economic impacts include the following:

-- 3.05 jobs and $89,216 in taxes (from assembling a typical new single family home).

-- 1.16 jobs and $33,494 in taxes (from assembling an average new multifamily rental component).

-- 1.11 jobs and $30,217 in taxes (from $100,000 spent on residential remodeling).

As used here, taxes are shorthand for government revenue from all sources, including building-related fees imposed by local governments.

I know that average American homes cost more than average Nigerian residences, nevertheless, due to automation, designs, comforts, and technology constraints, more workers are essential to build a home in Nigeria. For the sake of the argument, let us presume it will take the same amount of workers to build the typical Nigeria residence. Using the 17 million home components shortage and 3.05 jobs per house figures, Nigeria could create 51 million jobs in a hurry and attain full employment.

The World Bank estimates there are 40 million jobless Nigerians. Single family home company alone is capable of healing the unemployment issues in Nigeria. I am aware this a simplistic view but it is a realistic one. Housing may also create plenty of occupations that are indirect like:



1. Police Officers

2. Firefighters

3. City inspectors to oversee construction codes conformity

4. Etc., waste and water water professionals

The economic externalities are the social advantages, and so are never-ending.

After new houses are bought by people, they go on to purchase all the furnishings of the house, drapes, stoves, and refrigerators. These spending sprees create more demand for goods and services, and even more jobs.

Immigrants should be motivated to dig in roots in Nigeria. They become givers instead of simply takers when they do. Immigrants have unique and empowering possibility to improve society. When adopted, immigrants enrich the host country socially, culturally, financially, academically, as well as other shrewd... Just take a look at the country of immigrants called the United States of America.

There are many more social advantages to home ownership than meets the eye. In virtually any society, you would be hard pressed to find homeowners causing difficulties that reduce their property values. Homeowners pay more todays news in Naija taxes and work harder to make money to pay their bills and maintain their areas. They instantly get to be the middle class anchor on which a prosperous and secure society is developed. Nigeria wants a middle class that is viable as fish need water and individuals Nigerian Women Trust Fund oxygen.

More individuals will probably be able to buy homes on payment terms which will spur more lending and banking activities, in case the mortgage business is enlarged in Nigeria. In the aftermath of those economic actions could be high paying jobs for all.

Yet, Nigerian home buyers be accountable for their side of the borrowing company and must understand. Should you miss as few as two payments, you'll be due for foreclosure and eviction, damaged credit history and late payment fees: No explanations. Because you lost your house via foreclosure, you do not shoot or kidnap the bank manager.