NIGERIA - development of domestic economy by forcing foreign companies not only to import their goods

Author thomas ramseyer
NIGERIA to CUT PEG of Bonny light to Brent. 
Remedy here is Nigerians' cutting the peg to brent oil - traded far off Nigeria  - and trading bonny light solely as Bonny light (NO peg/tag to Brent anymore)

Reason
Bonny light has absolutly nothing to do with Brent - running out oil upstreamed off shore Norway and the UK - but for the chemical composition.
 
Nigerian Bonny light has never changed hands on a regular basis since the price spread to the disadvantage of brent has emerged - roughly two years
Bonny light oil contracts state oil being sold at Brent prices on delivery vs payment to prices then applicable. What a joke. Nobody will ever buy bonny again if and when traded at manipulated Brent Oil prices somewhere in the United States USD 10 to USD 20 above West Texas Intermediate (WTI).

Arabs - Saudi Arabia - desperatly need fresh cash to not get bust - Nigeria to quit OPEC
As the Arabs desperatly are in the need of cashflow - Arab countries on average are bust - e.g. Dubai was to become financially extinct after 2007 crash provoked by the US-American Federal Reserve System (Fed) upon sharply augmenting the short term interest rates (fed funds) from some 1.5% to more than 4%.

All european countries followed because of relative foreign exchange rate levels. Thus trying to keep foreign exchange rates stable. Those CENTRAL bank activities were the trigger for starting the depression. First mortgage backed securities caved in then all other Special Purpose Vehicles and other three letter poisonous papers.

Suggestions
1) remove peg of bonny light to brent

2) trade bonny light at commodity boards of trade in NIGERIA, first oil, all other world wide demanded resources as well. (there is at least one material almost solely found in Nigeria)

3) Invent Steel cookers in the north.

4) Invent reorganized meat production in the north

5) emphasize vegetable production in the north

6) train Nigerian people to use vegetables as nutrition (I know that Nigerian Goodluck admin is able to roll out plans and task in a didactic and dialectic very advanced taylor made way through television (see rolling out of plan for developing Nigerian domestic economy providing jobs, money, consumption, more jobs, founding of small businesses and building infrastructure

7) start programme as to attract northern hemispherians - small and middle sized companies (3 to 250 employees) to start joint ventures with Nigerians.

8) As far as I know in Nigeria almost NO money at all has to be deposited (in Switzerland prohibitively crowding out for tax reasons CHF 100'000 capital to start. Main reason for this policy also is the lobbying of numerous banks and bankers so to empowered to controll small start-ups because of credit facilities granted to the latters. Also they want to have substantial stakes in shareholder capital, for eating the money when going public.

Dumb ignorant and greedy politicians are supporting such acitivities because of their strong will to stay on seat. (sophisticated way of blackmail/bribe combination). Other even dumber politicians follow them for whatever weird reasons.

9) Force Carsellers from abroad such as Peugeot, VW, Ford, JAG, Tata to build infrastructure and transfer knowledge, sciencs experienced know-how and skills for free to subshara africa, focus Nigeria because of the high potential this country is disposing of.

10) Because northerners actually do not want to invest in Westafrica as Nigerian government does not want to invest in Europe and other north hemispherian countries. (This being very shortsighted and also showing widely spread ignorance among politicians and officials of all levels and sorts.

11) For the afore-said reason (419, advanced fee fraud) no investment - upfront money believed to be compulsory upon establishing a firm. Nigerian administration's opinion - right after all - forbids investing abroad because of job-travelling to europe and other northern countries.

13) when it comes to financing tasks in Nigeria, the government does and cannot step in. But it is easy, just tap the citizens (not by levying taxes (riots because of NGN 140 for one litre at the filling station) by having them become shareholders to a company fully owned by them. Compulsorily NO BANK CREDIT allowed at all for the reason of excessive rates.  This for having such companies - only purpose building infrastructure - be and stay NOT vulnerable to further interest rate shifts provoked by banks reacting to some lousy central banker's activities kicked off in the US.

14) Start all companies with a "flat" balance sheet.

15) Sell shares - paperftrail compulsory - to the citizens all over the country - for USD 10.-- (suffering because of skipping 5 squaremeals per month - with the only purpose of buying certain shares of infrastructure building firms (e.g. Petroplus for getting access to the board of directors by swapping the actual ones for at least one smart quickwitted nigerian. later stage bringing infrastructure (huge advantage when cutting bonny light's peg to brent, they will want to come down to nigeria to produce and sell - two journey (bonny to the US, derivates to Nigeria, jobs in the US, fat bonuses and arrogant traders' salaries at CBOT and a lot of other oil trading firms while tankers are on their ways.) upon progress of the infrastructure build or procuction kicking off. 
 
Remarks
People taking over the financing is not a dream. Imagine 80 Million Nigerians - Senators, other officials, commissioners, chiefs and the sort included - from ALL over the country (no blackmail and fat envelopes to be deeppocketed) buy shares for USD 10 each. The calculus is easy: they raise USD 800 Million within a fraction of a trimester. Multliply by 20, 50, 100: it is amazing. The power is at the fingertips of the people, the people in the streets. Only thing, they did not yet realize.

copyright  thomas ramseyer

Development of domestic economy in southern hemisphere - Fight Hunger and Starvation: Catalogue of actions to be taken

Author Thomas Ramseyer

To fight hunger and starvation on the southern hemispere urgently invent a programme such as below

also read

Education of asylum seekers

Things of urgent importance

0) protect local production. 

Only import goods which cannot be produced locally

1) ban bulk water trading

ban Investment funds based on nutrition, plants and fuel.

2) ban renting arable land abroad

[foreigners rent the best soil in Africa (Kenya and Westafrica) and export food and flowers from under the noses of the starving population] Same with fish; only the fishheads are left for the population.

3) train farmers by transferring 

skills and knowledge for free abroad to get more out of their soil

4) teach farmers about storage and stock

have farmers build silos as to keep harvests for later sale or later use

5) Explain influence of option and futures market

teach native farmers as to how the future market is working thus enabling them to sell part of their crop in advance

6) One season crop to be banned

ban monsanto and other technical crop which is not able to germinate again

7) Farmers must avoid being ripped off

have farmers abroad work along the whole production channel. grow crop, harvest, trade it without wholesale foreigners keeping them ignorant just for ripping them off.

8) Fighting hunger and starvation is a 24-hours battle

Support the fight against hunger with the same emphasis all the time, every day, week, every year, all the years and decades ahead, never stop !!

9) Keep focused on starving regions lacking striking daily

news

meaning that not only when there is a catastrophy like reported in pakistan right now. the crisis there is all the time. in some regions the groundwater becomes salty thus making the living impossible on such soil.

10) Do not spoil locals by delivery of food

Instead of sending cheap food not needed overhere to people in need train them to grow their own traditional crop. Otherwise they are going to forget about their native plants as it happened in Egypt

11) USA officials mouthes are too wide

Be aware that it is not only the US that may help. The senat's realistic goals never are to help other countries' people. the only thing they really are interested in is to fill their own pockets. they palaver a lot, making a lot of noise (see haiti) then nothing is to be heard again. The billions being talked of are available but they never are to be used. Money does not rebuild a country. the people are doing this. So teach the locals as to how rebuild their countries. Train them do not just let them pick, shovel and carry sacks and the sort of things. By the way . . .   what does a warship putting its anchors down nearby that wrecked island help the starving people? NOTHING! Those soldiers are trained to kill, not to rescue foreign people on highscale. They just are good for nothing.

12) Have supporters send in skilled people to reconstruct by also instructing locals

send in people which help to reconstruct, set the right priority. some medecins lingering about abroad to vaccinate the people for expensive money back home do not really help; they just take advantage of the situation and sort of train themselves in the field, costly but not very efficient. there hands, hearts and minds being to stiff for doing the real thing they should give way for the craftsmen to move in. Medecins shall train local people just to help to vaccinate this being very helpful for the betterment of people's health.

13) No deceiving wanted by donnation-collectors

ban all those boasters bluffing with their millions gathered from the people soothing their minds. roughly 60% of the money collected stays right there with them. they need 60 dollars to raise another 100. Out of the remaining 40 only 5 dollars make it to the ones in real need. all other dollars are needed to pay salaries and accomodation for the helpers abroad. That money never travels to the country in despare it just stays in its homecountry creating jobs.

Remarks

Everything else is just treatment of the small cuts. Answering a catastrophy is never preventing the next. Be proactive not only when being kicked by some event.

copyright Thomas Ramseyer
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