Read here is the justification I gave crime (scammers); I refuse to shift the blame to those doing this crime (considering other factors) like the Nigerian government have decide to do (which I assume by they setting-up the Economic Financial Crimes Commission [EFCC])
As an economist would think, there is a solution to every problem as long as there is the right incentive. Obviously, in most third world countries, there leaders have no incentive to want to think about the good of the populace.
Even more, most of these corrupt leaders keep some part of the economy functional and to paraphrase Tim Harford in The Undercover Economist, “so they can support their own self interest.” In a country like Nigeria where there tends to be bad roads, inadequate/non-functional social amenities, poor education, low security and may more ills. For this case, an agile teen (and maybe creative) would devise a means of his own to survival, as if to follow Darwin’s survival of fittest theory – everyone tends after themselves.
No doubt in the long run, a system that is supported by fraud will crumble so, even though I might see this advantageous in the short run as a solution to Nigerian youths sufferings, I know intend to attack the grassroots of the situation.
I have proposed some oversimplified solutions to both scamming and the Nigerian economy.
1. The Nigerian Constitution and its Woes
In as much as there is the constitution that we have that has ruined the nation to this stage, and we adamantly still stick it. And for the men in constitution who are only there for their own self-interest, if at least they can only seek to review the Nigerian constitution and its may loopholes to fix the current economic lags that’s deep within the elite and should stop chasing the helpless masses who are after their daily bread.
2. Kill the Economic Financial Crimes Commission (EFCC)
No, this is not a metaphor or irony; I mean that this commission should be literally killed.
Whatever policy this firm was institutionalized to combat the crime of “Yahoozee,” I would say that say that it has being grossly counter-productive. Looking at it this way (economically, I suppose):
Prior to the advent of computers and Internet, this folks had no means of supporting themselves hence they had to probably resort to theft and some other crime (which is often out of frustration). At this time, those who where little incented to commit crime had to work extremely hard (often to no avail), then came the Internet – these Yahoo guys worked there ways around it and where incented (by the government because of bad policies) to defraud.
As the laws of perfect competition commands, lots of youths entered the “Yahoo” market then entered the government introducing EFCC to curb these yahoos who arrests this folks thereby forcing the previously employed back to the market without the government providing alternative.
Guess what happens, sure the crime drops but then the amount of criminals increase significantly – and who are they coming after – you!
3. Grossly subsidize Companies in infected areas
I seek not to attack Nigerian government policies or encourage scams but as argued previously, attacking the problem on the surface (with EFCC) leaves the core problem rotten. One proposal I love would be to have the government largely subsidize investment in area where scam is most prevalent which obviously would create employment for those who would have otherwise being unemployed after the EFCC force.
I would suggest even local government wooing large organization to maximize the advantage of cheap labor that Nigeria might provide and maybe just like China establish sweats shops. I know most westerners hate to listen to the argument of sweats shop.
Whatever you think, this boosts trade and as usual better than the alternative of thefts and crimes.
While this can be seen as “just some thought,” I strongly believe it is time for a lot of re-orientation in the African way of thinking, implementing and planning.
As simple as it seems, establishing a firm such as the EFCC is like cutting of the stem of an unwanted tree, then fixing the underlying economy is liken to uprooting this tree.
4. Some Silent Assassins
Though it’s often a joke but I supposed if someone if going to be willing to implement this rather crude suggestion, it will not only help the country a long way but also instantly re-orient our thinking.
It is – some iron hearted assassin taking out all those in the elite, ruling the country who, not only keep putting the nation in wreck, have also sworn to continue to propagate ways to recruit followers (their kids) at the mercy of suffering citizens. Then, our will this help? After the death of some culprits, the news will certainly spread, those in their evil status might guess they’ll be next hence decide to either quit or go underground.
On this account, their will be new generation of leaders who have being kept in silence for too long, there will be an implementation of fresh ideas and the country would finally be the hands of those who have the interest of the nation at heart.
Then at some point, Nigeria can be referred to as the next superpower, after the order of countries like China or Brazil.
Meanwhile, I rest my case.