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This Cabal of “Professionals” Believe Nigeria’s Recession Is not as Bad as Painted

Nairametrics by Nairametrics
September 29, 2016
in Business News, Spotlight
This Cabal of “Professionals” Believe Nigeria’s Recession Is not as Bad as Painted
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In Nigeria, one of the quickest way to get the government’s attention and the same draw patronage is when businesses come together to form associations. These associations are typically Cabals as all they do is get the government to protect their industries while stifling innovation. But that’s a topic for another day.

More recently, a Cabal called the Association of Professional Bodies of Nigeria, APBN, as thrown its hat into the ongoing recession in Nigeria. Vanguard reported them as claiming that the current recession is not as bad and thought. We can understand that some people just want to be heard but claiming the recession is not as bad as painted, well that’s a new low.

The funniest part of the group’s submission was this quote by Outgoing-President/Chairman in Council of the body, Mr. Gabriel Fasoto. Feel free to interpret this however you feel.

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“It is only the harmonisation of these resources that we (Nigeria) need and only the professionals can assist government to quickly get out of the current situation. We have everything it requires to get out of this mess.

“It was recently we discovered that government was not taking us seriously, we then felt the need to come together as a united front and then proffer suggestions to government.

“It took time before government realised that they are supposed to take professionals more seriously. I want to assure you that they have increased the number of professionals in the country’s affairs. We are partnering with them, and we believe that they will take our advices more seriously than ever before.”

 

 

Source: Nigeria’s recession not as bad as painted — APBN

Tags: Nigerian recession
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Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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Comments 1

  1. Anodebenze says:
    September 29, 2016 at 3:19 pm

    association of professional bodies in Nigeria,are they registered under the companies and allied matters act? is this analytical qualitative members of this association of professional in Nigeria,i have read that prostitute in nigeria have an organization,me think,they are they are professionals call worker,i hope they are member too,some where in London the inland revenue arrested the madam not for immoral living,but for not paying taxes,for tax evasion many years ago
    management in Nigeria,in Nigeria you may have a money missed road big man,worth about 50 million dollar or100 million dollar worth with primary school education,they are many in Nigeria.some of them put pressure on their children to perform academically,and when when they pushed their children,they ignore that the process of thinking and thinking,involves more than reasoning.
    It involves wisdom,honesty,benevolence,courage and discipline,personally.methinks the strength of your human spirit and character matters more,.it allows you not to be pressurizes to do anything,that you feels it’s wrong,it allows you to have deep insight and helps you to makes abetter decision in your personal and your career
    In Germany .they have dual managing director now,and it’s spreading to Britain,in America they have chief executive officer and chief operating officer,they do almost the same. thing
    This book called “the art of war” by sun Tzu is being used by businessorganization.this book have about 7 variation of this book tll today,the book was written during thr fragmentation of china,sun Tzu was a general in the kingdom of wu about .it was written in the spirit of Taoism and Confucian principle,the book came to Europe in the1800,, through the French catholic Jesuit priest in china
    In Taoism and it’s principle means keep it natural and balances the ying and yang,if one element is missing,chaos happens,in confucion is to maintain a moral compass.China under Mao tae tung troop employed this strategy against the American led u.n. troops in korea,they employed a ghost and suprises attack.The amricans, did not estimate or underestimate or when,when the Chinese will intervention in korea,they almost wipe-out the u.n. troops in korea,gen macauthur got desperate,he wants to bomb Chinese airfields in China,which the pentagon objected,they wanted a limited war in korea.that is Why American president Truman dismissed Gen macauthur

    Reply

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