At her recent swearing in as Finance Minister for the next time around, Ngozi Okonjo-Iweala allegedly declared, «I am here to create jobs.» That is music to the ears of most Nigerians, including the reported and staggering 40 million job-seekers and those that understand that insufficient employment is a significant contributor to the high crime wave in most corners of our Motherland. Coupled with passage of indigene law, Nigeria will foster deeper home origins and policies capable of ameliorating sectarian offenses, like the ones that regularly occur in Jos and the rest of our «One Nigeria».

I comprehended Mrs. Iweala's «I am here to create occupations» comment to mean that she'll work hard to create an economic environment that's conducive to the private sector creating good paying jobs for Nigerian citizens and immigrants. I'll return to why the «immigrants» part is essential to Nigeria's development and prosperity.

It'll not be easy!

President Goodluck Jonathan ought to be commended for the heightened emphasis he seems to be according to the advancement of Nigeria's economy. I hope both Finance Minister and the President succeed for the good of Nigerians, until I see measurable results even as we support just their worthy efforts, but like many Nigerians, I will hold additional compliments. Nigerian history is filled with false starts and wasted opportunities.

But, the President along with the Minister cannot and should not be expected to do everything by themselves. Nigerians everywhere should get all hands on deck and contribute to worthy causes of any administration. Both job seekers and the employed must have strong work ethics and offer exceptional services that make their employers' companies remain in business for a long time and prosper so they could hire more people. It should be worked by every employee as if it were his or her dad's company.

In the more efficient economies in the world's, the private sector is the engine of growth and job creation. Nigeria will not want more government or public sector jobs. It needs sustainable private sector workers.

This and every government ought to be criticized when they pursue the incorrect plan. That's great and constructive for all. Each administration ought to be judged by the way that it improves the lives of individuals in the long and short run with the individuals asserting their responsibilities along the way also.

For the first time ever, I wrote to ask him to place development of the new housing industry in Nigeria on top of his economic program for the betterment of all. I said the possible externalities of the brand new home business for the Nigerian market. In that missive, I expressed my readiness to give pro bono to that effort. I made it quite clear that I neither seek any monetary/political benefit nor do I want to return to Nigeria permanently any time.

Being content in America will not preclude me (or others) from making excursions to Nigeria (at personal expense) to help coordinate seminars and tours for training Nigeria's budding homebuilders who wish to learn the American new housing procedures. Definitely, I usually do not have all the replies but since this is my enthusiastic profession (new dwellings) here in America, it is my wish to give back by contributing the small I know to new homes development in our beloved Nigeria.

I value Mrs. Iweala's decision to return to Nigeria to function. I believe she'll perform nicely in her encore as Finance Minister. After being at the top of one's livelihood abroad for several years, it might be tough to uproot the family of one. Returning home to work in Nigeria and leaving one's family abroad is a heavy obligation also, regardless of how much one gets there.

Nigerians inside and outside the country should value those who go down this path to help, and never to loot the coffers. The leaders who request these professionals to return to their own birthplace praised and must be acknowledged predicated on positive results, not lip services.

It had been reported that President Jonathan lately formed the National Economic Management Team (NEMT) to spearhead his economic program. Agencies and the names that make up the team seem remarkable. If egos are checked in the door, and bureaucratic inertia is just not allowed to engrain, monumental good can come from this team. Nigerians everywhere have been waiting for the «coming» to come.

Should they reach real success, it will be to the welcome credit of all the NEMT members and the Jonathan government. Nigerians ought to be cautiously optimistic.

The Chief Executive Officer of DN Meyer Plc, Bola Olayinka, says that «Accessible statistics reveal that Nigeria is bedeviled with a housing shortfall of about 17 million, hence requiring 50 years to bridge the gap.» Just what a goldmine! Any country will be happy to get the chance in housing that Nigeria has. NEMT should make single family housing a top priority.

For the reader who doesn't understand much concerning the housing industry, allow me to take a few moments and scratch the surface of the critically significant economic power station; pun intended.

Contrary to what some at home may think about those of us in Diaspora, we want Nigeria to enhance. We desire to have the workable substitute for return for good to Nigeria. We hunger to contribute our share to the creation of our Motherland. We need to take our children to Nigeria to show them how free and fantastic life can be there, not only to show them how good they have it here international. All of us love Nigeria (also), maybe, more than Nigeria loves us!

True Nigerian professionals abroad are not swung several years ago by the past government's «Clarion Call» to return home, because that was perceived as a rudderless call. Nigeria has disappointed so a number of its own people so many times that the few who have found greener pastures abroad will not be easily lead into the lion's den again. Footprints pointing inward without any footprints coming out are seen by them; and they know that people who entered were consumed by the hungry lion in the lair.

It really is heartbreaking when loved ones in Nigeria strongly encourage their people abroad not to return home because of the conditions there. It hurts each time I remain in The Usa discover that warning and do not return. Content Nigerians abroad do not see any glamour with deafening sirens blaring, as are usually the cases when the lowest graded men in the authorities move around town back home in riding about in armored vehicles at crazy speeds.

All is affected by lack of stable electricity, security, adequate healthcare, and poor roads. Not being able to jog or ride your bicycle ten miles down the road without anxiety about being run over, kidnapped, bombed, or robbed are quite depressing states of affairs in Naija.

Some Nigerians in Diaspora don't find it enticing to have helpers for chores to doing themselves, they are used. For the creation of great jobs to take off and be endured in Nigeria, both the leaders as well as the people should consider the following:

1. Cultivating the Real-Estate sector via private and public sectors venture.

2. Enforcing and passing the Indigene law, which makes any city or state where one resides for 6 or more consecutive months one's new dwelling with equal and full rights.

3. Applying Federal, State, County, City, Property, and Sales Tax laws; no sacred cows. When authorities are funded by taxes paid by the masses, corruption and waste would be curtailed. Looters could be castigated in public squares when they embezzle taxpayers' hard earned cash. Stealing oil cash is one thing; snitching tax revenue is an entirely different issue.

4. Schools have to be reorganized, locally controlled and administered. Parents must be ready to cover the true expense of educating their children. Schools must be rated every year and the scores made public, so failing schools are shut and teachers retrained.

5. Every Nigerian should become a stakeholder with authority and complete responsibility to be steward of the community and the country. We should never allow foreign oil companies to pollute and destroy our environment with impunity.

6. Citizens and immigrants have to be prepared to pay for and defend the system or rule of law.

7. We ought to lay the basis for a network of radio, television, and print media to eventually become the people's vanguard.

8. We have to commence the much talked about national identification plan to monitor and maintain records of behaviors and individual actions. That is not a police state thing, but a foundation for commerce and liability, the same as the American Social Security Number system.

9. Decentralize and privatize electric power generation and distribution.

10. Decentralize police and other law enforcement agencies as they have been in the United States whose system of government we aspire to emulate.

Some economists believe the American economy, and to a larger extent the global economy, will recover only after the U.S. Housing market recovers. Home is the fact that essential. In 2008, America's National Association of Home Builder (NAHB) estimated that the economic impacts range from the following:

— 3.05 occupations and $89,216 in taxes (from assembling a typical new single family home).

— 1.16 jobs and $33,494 in taxes (from building an average new multifamily rental unit).

— 1.11 occupations and $30,217 in taxes (from $100,000 spent on residential remodeling).

As used here, taxes are shorthand for government revenue from many sources, including building-related fees imposed by local governments.

I am aware that typical American houses are more expensive than average Nigerian residences, yet, because of styles automation, comforts, and technology constraints, more workers are expected to construct a home in Nigeria. For the sake of the argument, let's suppose it will take exactly the same quantity of workers to build the typical Nigeria home. Using the 17 million housing units deficit and 3.05 occupations per house figures, Nigeria could create 51 million jobs in a hurry and attain full employment.

The World Bank estimates there are 40 million unemployed Nigerians now. Single family home business alone is capable of treating the unemployment problems in Nigeria. I understand this a simplistic perspective but this is a realistic one. Home may also create plenty of indirect occupations for example:

1. Police Officers

2. Firemen

3. City inspectors to manage construction codes conformity

4. Waste and water water professionals, etc.

The economic externalities are never-ending, and so are the social advantages.

After new houses are bought by folks, they go on to purchase each of the furnishings of the home, curtains, stoves, and refrigerators. These spending sprees create more demand for goods and services, as well as more jobs.

Immigrants needs to be motivated to dig in roots in Nigeria. When they do, they become givers instead of merely takers. Immigrants have empowering and unique potential to improve society. When embraced, immigrants enrich the sponsor nation socially, culturally, financially, academically, as well as other shrewd… Only have a look at the state of immigrants known as the United States of America.

There are many more societal benefits to home ownership than meets the eye. In almost any society, you would be hard pressed to locate homeowners causing issues that reduce their property values. Homeowners pay more in taxes and work more difficult to earn money to pay their bills and keep their localities. They instantly end up being the middle class backbone where a secure and affluent society is developed. Nigeria wants a middle class that is viable as fish need water and humans oxygen.

In the event the mortgage company is enlarged in Nigeria, more individuals will probably have the ability to get houses on payment terms that can spur more lending and banking activities. In the wake of these economic actions could be more high paying jobs for everybody.

However, Nigerian home buyers must understand and be accountable for their side of the borrowing company. Should you miss as few as two payments, you'll be due for damaged credit history late payment fees and foreclosure and eviction: No excuses. Because you lost your home via foreclosure you don't shoot or kidnap the bank manager.