Sat. Jul 27th, 2024

Nigeria: Don Tasks Nigeria On People Friendly Economic Policies

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By Amos Tauna

A lecturer with Kaduna State University (KASU), Dr Terhemba Wuam, has advised Nigerian government to institute economic policies with human face to quell the brewing agitations that may evolved into revolution in the country.

Wuam, the Head of History in the university gave the advice in Kaduna, northwest Nigeria while interacting with journalists at a sideline of a Two-Day National Conference organised by the university entitled, “Socialism and Capitalism in the Twentieth and Twenty-First Centuries: Reflection on the 2017 Russian Revolution and its Legacies.”

Wuam explained that the underlining conditions of autocratic rule by the ruling class, the remnants of feudalism and poverty of peasant and the working class made socialist revolution in 1971 possible in Russia.

According to him, the ideological architect of the revolution was Karl Marx, when he described capitalism as exploitative and inherently evil against the working class and the masses, adding that such system must be done away with.

“Following the 1917 revolution, the Bolshevik took over Russia; introduce socialism and abolished capitalism and private property for the first in world history,” he explained.

He stressed that through socialism, Russia, known then as the Soviet Union, from 1917 until its collapse in 1989, was able to guarantee education for all, healthcare for all, and work for all.

He added that the success of socialism in Russia and China over the years has forced United State of America and other capitalist countries to reform capitalism and gave it a human face.

“The capitalist countries leant that if they don’t treat their masses and workers well, they would revolt like what happened in Russia.

“So they introduced minimum wage and other welfare packages, as a result of agitations by Marx and socialism, thereby reducing it exploitative nature, “he added.

Wuam said that Nigeria could learn from this by making her own kind of capitalism to be more humane, by particularly taken care of the poor people, provide free education and health care services from the benefits of capitalism.

He said: “October 2017 marked 100 years since socialism was introduced and a socio-economic and political system and we felt expedient to take a look at the event and see what lesson it has to offer for Nigeria and Africa.

“This is because, although, we can say that Marx was a whistleblower against the evils capitalism, capitalism is a good system for producing wealth, but the question has been; who enjoys the wealth it produced?

“Therefore, various agitations from different part of the country could be address if Nigeria’s economic policies have a human face, through introduction of welfare packages and equitable distribution of wealth.”

Earlier, KASU Dean of Post Graduate School, Prof. Abdullahi Ashafa, said that capitalism has eroded welfare system, ended free education and cheap housing and was equally responsible for the massive unemployment across the globe.

According to him, though socialism has collapsed in 1991, the Russian Revolution should not be forgotten, but we should draw on its many lessons in order to strengthen our struggle against capitalism as a system

“The system is daily proving less and less capable of meeting even the most basic needs. In fact, the struggle by America to sustain this system by all means was is a major factor in today’s global conflicts,” he added.

Also speaking, the KASU Vice Chancellor, Prof. Mohammed Tanko, urged the government to look at the social ills that prompted the peasants and workers in Russia to rise up against the ruling class.

“If we have similar conditions that relate to the 1917 Russian Revolution, then the federal government and the capitalist in the country must ensure that the wealth of the society is equitably distributed.

“Not only that, the country must also ensure that the common man is taken care off through ensuring that socio-economic safety nets exist for the most poor and the vulnerable in the society.

“Taken step to work for the good of the masses will be laying the foundation to prevent similar revolutions in the twenty-first century witnessed in Tunisia, Libya, Egypt and the Middle East,“ he observed.

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