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Patrons of poverty

10 July 2015, 17:00 Ofuafo Otomewo

When the great Nigerian political leader, advocate of human and woman rights and fighter for universal adult suffrage, the Late Mrs. Olufunmilayo Ransome-Kuti in the mid-20th Century asked in the famous words that we “boycott all boycottables” insisting that African economic activities are not puppeteer-ed by the western world to their advantage.

She was giving a firm support to the views and stance of scholars like the Late Mbonu-Ojike who had also insisted that African economies cannot be turned into mere fodder factories to feed the western ones (manufactories); supporting and maintaining their development and advancement to the detriment of the growth and development of African economies which run comatose and are only kept at a vegetative state, left barely alive to ensure that the west receive needed material to keep their own economies running.

Also read: Nigerians cite poverty for prevalence of baby factories

Sylvester Odion Akhaine tows the line of thinking and argument of these precursors and aptly reiterates their views in the book, Patrons of Poverty: IMF/World Bank and Africa’s Problems, where he dwells on how the wealth of the world has flowed into and remains concentrated in the hands of a few nations, making for an uneven distribution of wealth since the turn of the 19th Century and how this lopsided nature of wealth ownership is made to endure making some nations of the world perennially walk on the tightrope of poverty.

The book also describes in detail how, in order to maintain the status quo, those who have wangled their way to a vantage position in the global arena contrive to truncate any effort at escape by the disadvantaged to a sure economic foothold; reason being that the strong can hardly survive or dominate without their leeching on the weak.

- MyNews24

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