Sunday, December 30, 2012

"PRIVATE JET OWNERSHIP IN THE MIDST OF ABJECT POVERTY IN NIGERIA"

The two Wright brothers in Dayton, Ohio in the United States of America who gave the human race the airplane or the aircraft technology that changed the entire world of air transportation forever will be having mad fun in their graves today if they learn about how the Nigerian questionable government cronies or contractors (businessmen) and their heavily corrupt public elected officials are so crazy today with the new socioeconomic status of private jet ownership in Nigeria today when over 80% of the Nigeria's citizens live daily in abject poverty of $1 to $2 a day living budget. The national unemployment rate is over 47%, millions earn poverty wages, the hospitals are all at the stone age level, our roads are one of the world's death traps in the world today and the national infrastructures are old, over stressed and inadequate. The government cannot provide constant electricity, regular social services, national security and the 21st century international education for her citizens.

The top 1% of the richest Americans or those 425,000 individuals or families can comfortably own their own private jets if they want today, but 99% of them still fly the commercial airlines around the world. The tens of thousands of the CEOs of the major American companies can use their companies' funds to buy their own private jets, but majority of them still fly in commercial airlines for their business transactions around the globe. All the 50 state governors in America can buy their own private jets, but they fly public airlines with ordinary Americans on their state functions.

At every minute, over 4,500 planes are in the air space of the United States 24/7 with thousands of airports and airfields that are all fully modernized and functioning properly unlike the deplorable states of all the Nigeria's airports today. The United States has the largest private jet ownership in the world today, 40% of the world's billionaires according to Forbes magazine as well as the largest GDP of over $16 trillion economy. This is followed by China in the second place with a GDP of $7.3 trillion and Nigeria with a questionable "developing nation status" or the "giant of Africa status" is in the third place in the world for private jet ownership with a GDP of $235 billion or 1.25% of the entire America's GDP, but has half of the America's human population. Is this what true national development is in Nigeria today in 2012 in all truth, honesty and reality? Only time will surely tell.

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