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Zambia As a Nation Surrendering Resources to Foreigners and Expecting National Prosperity

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In a world marked by globalization and interconnected economies, nations often find themselves grappling with the complex dynamics of resource utilization and national development. Zambia, like many other developing countries, has faced its share of challenges in this regard.

Recently, Jackson Silavwe ignited a conversation by highlighting the paradoxical notion of surrendering resources to foreigners while expecting development and national prosperity. Let’s delve deeper into the possible reasons behind this statement.

Historical Legacy:
   Zambia, like numerous African nations, has a complex history of colonialism and exploitation of natural resources by foreign powers. The legacy of colonialism has left lasting imprints on the nation’s economic structures, often leading to continued reliance on foreign expertise and investment.

Economic Dependence:
   Despite its vast natural resources, Zambia may find itself economically dependent on foreign entities due to various factors such as limited domestic capital, technological constraints, and market access barriers. This economic dependence can result in a situation where foreign investment becomes essential for driving growth and development.

Lack of Domestic Capacity:
   Building robust domestic capacity in resource extraction, processing, and value addition requires substantial investment in infrastructure, technology, and human capital. Zambia may struggle to fully harness its resources due to deficiencies in these areas, leading to reliance on foreign expertise and investment for resource extraction and development projects.

Global Market Dynamics:
   The global market for commodities is highly competitive and subject to fluctuations in prices and demand. Zambia’s reliance on exports of natural resources makes it vulnerable to external market forces, often necessitating partnerships with foreign entities to mitigate risks and maximize returns.

Policy and Governance Challenges:
   Ineffective policies, governance issues, and corruption can hinder domestic resource management and investment. Foreign entities may be perceived as bringing in expertise, technology, and capital that can bypass these challenges, albeit at the cost of relinquishing some control over national resources.

Access to Technology and Expertise:
   Developing and implementing advanced technologies for resource extraction and processing often requires access to specialized knowledge and expertise that may be lacking domestically. Partnering with foreign entities can provide access to cutting-edge technologies and skills necessary for efficient resource utilization.

Trade-offs and Negotiation:
   Engaging with foreign investors often involves striking a delicate balance between securing investments for development and safeguarding national interests. Negotiating favorable terms and agreements that prioritize long-term sustainability and mutual benefit is crucial but challenging.

To summarize it all,   the statement made by Jackson Silavwe reflects the intricate realities and challenges faced by nations like Zambia in managing their natural resources for development. While surrendering resources to foreigners may seem paradoxical on the surface, it often stems from a complex interplay of historical, economic, and strategic factors. Moving forward, fostering a conducive environment for domestic capacity-building, promoting responsible investment, and enhancing governance mechanisms are essential steps towards achieving sustainable development and national prosperity while retaining sovereignty over natural resources.

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How To Get The ₦50,000 Federal Government Grant

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The ₦50,000 Federal Government grant is genuine. And it is not a loan. It is a gift. The reason why you think it is not real is because you want the Federal Government to give it to you when you don’t have a business. The grant is only meant for people who have a business, even if it is a nano business. It is not money for you to spend. It is money for you to invest in an already existing business.

You must have a growth plan and proof of your identity and address.

Listen, this is a good initiative. It is something worthy of the support of all Nigerians. Not everything must be about politics. This is good for our economy and for you.

Grant Eligibility Criteria
Own a nano business.
Operate a business with progressive economic potential, and desire to grow the business.
Be willing to engage at least one additional staff member if turnover increases
Be willing to provide proof of residential/business address in the Local Government Area
Provide relevant personal and bank account information, including Bank Verification, (BVN) for verification of identity and National Identification Number (NIN)

Here is the website. Stop complaining and start applying for grant.

Www.fedgrantandloan.gov.ng

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I know where Yahaya Bello is – Very Dark Man reacts to the EFCC’s manhunt for Yahaya Bello

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Former Kogi State Governor Yahaya Bello is currently at large and has been declared wanted by the EFCC.

This information has reached Very Dark Man’s ears, and he claims to know the current location of the former Governor.

In a new video that Very Dark Man made, he started by saying that EFCC is claiming to not know where Yahaya Bello is, even though he stole billions of Naira. He also said that they can’t find Yahaya Bello, but they easily track and arrest Yahoo boys that steal meager sums like $50.

Very Dark Man expressed his shock with regards to the fact that it is easy for the EFCC to go hunting for Yahoo boys, yet they are finding it difficult to locate Yahaya Bello, who has stolen a whole country’s money.

He went on to say that the money Yahaya Bello stole was enough to fix Kogi State, which is currently one of the poorest states in Nigeria.

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Police Nab Prime Suspect In Alleged Murder Of 400L ABSU Student

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Abia State Police Command officials have detained Emmanuel Victor for his involvement in the suspected killing of a 400-level student from Abia State University, Uturu.

An online viral video shows the muŕ der of Emmanuel Uche in front of Miracle Lodge, Uturu.

In a statement released to Newsmen on Thursday by the PRO, ASP Maureen Chinaka, the Abia state Police command announced the arrest of a suspect based on credible intelligence received that same day.

According to reliable information, on the 18th of April 2024 around 1100hrs, law enforcement officers from Abia State Police Command detained the main suspect in the viral video showing the kil!ling of Emmanuel Uche at Miracle Lodge, Abia State University, Uturu.

The individual known as Emmanuel Victor has admitted to the wrongdoing and is now in legal custody, awaiting to be taken to court.

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