Tuesday, January 2, 2018

Re: USA Africa Dialogue Series - State power, capacity building, and corruption: Innoson and the bank

Happy New Year, to you Oga Falola and to all members of the USA-Africa Dialogue family. I trust you all had the chance to rest and spend time with your loved ones.

I've attached the Power Point slides of my keynote paper, "Whither Nigeria's Auto Industrial Policy? Looking Beyond Current Economic Recession" which I presented to the annual symposium of the Auto Group of the Lagos Chamber of Commerce and Industries (LCCI),in Ikeja, Lagos on October 20th, 2016. I believe the presentation addresses some of the questions you asked, and could also generate further debate here and elsewhere. 

May I suggest that readers pay attention to the following:

1. My central argument

2. Slide #s 9-15 : Historical overview of Nigeria's Auto Industrial Development Policy (NAIDP)

3. Slide #s 16-19: Alternative explanations of failures of earlier/past auto development policies

4. Slide #s 20-23: Key Points and Successes of NAIDP and the National Automotive Industrial Development Council (NAIDC)

5. Slide #s 25-36: Challenges of Implementation -- read FAILURES

6. Slides #s 37-40: Discuss the foolishness of having South Africans craft and advise (as consultants who carted away huge sums) on the implementation of NAIDP, not realizing that the capture of the Nigerian market to sustain its Black Economic Empowerment Program (BEE) is a critical component of SA's auto industrial policy.

7. Slide #s 41-50: Discuss SA's auto industrial policy (from 1991-2016) and what Nigeria could learn from its development and implementation.

8. Slide #s 51-57: Discuss "Ways Forward", touching on some of the "state capacity" and "corruption" issues you raised.

Not only has the NAIDP pretty much collapsed under the Buhari administration, I'd invite readers to also pay particular attention to my reference to Nigeria's schizophrenia about "Aba/Igbo Made" goods and "the ethnicity of Nigerian capitalism", to better contextualize the ongoing Innoson v. GT Bank/EFCC saga and my skepticism about this government intervening in the manner you seem to be suggesting.

You may also wish to see  

"From Innoson v. GTBank/EFCC to 'Bring Back Ibeto Cement': Social Media and Threats to Igbo Identity in Nigeria." 
By
 editor
 -
December 30, 2017

Regards,

Okey
 

On Tue, Jan 2, 2018 at 9:05 AM, Toyin Falola <toyinfalola@austin.utexas.edu> wrote:

The moderator wants to be educated: If Innoson's claims about all of Innoson Motors are true, and if there is a capacity to grow the automobile industry further, is it not the role of the state or federal government to mediate, bail both the man and the bank out, irrespective of the transgressions, and let Innoson Motors expand?

I need to be educated about this, in a country where politicians are so corrupt and they don't create jobs for other people?

I will not want any bad thing to befall Dangote, in spite of his linkages to politics.

Moderator

 

 

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