IMF Was Partial ...

Often times I wonder what the difference is politically and economically between most African nations. For instance, whats the difference between Niger Republic or Ghana and Nigeria in terms of political and economic advancement.

The other day, the rest of Africa and indeed the world were appealling to humanity to help the starving mulititude in the Niger. Same for Darfur. But they keep forgeting the sufferings of thousands of people in Oginiland and a good measure of the creeks in the Delta region of Nigeria.

For so long the so-called leaders of Nigeria has deceived the rest of the world about their economic powers. It is obvious to some now, that the country is not so Rich after all.IMF(Internation Monetary Fund) recently cancelled the debt of some poor nations but Nigeria is glaringly left out... Why?
Look at this:


IMF ANNOUNCES 100% DEBT CANCELLATION FOR 19 COUNTRIES

IMF Announces 100% Debt Cancellation for 19 Countries

The Executive Board of the International Monetary Fund (IMF) today (21 December 2005) announced the first group of countries eligible for 100% debt cancellation relief following this summer’s G8 Africa Summit in Gleneagles.

The 19 countries that qualify as a result of today’s announcement are: Benin, Bolivia, Burkina Faso, Cambodia, Ethiopia, Ghana, Guyana, Honduras, Madagascar, Mali, Mozambique, Nicaragua, Niger, Rwanda, Senegal, Tajikistan, Tanzania, Uganda and Zambia.
REACTION FROM JAMIE DRUMMOND, EXECUTIVE DIRECTOR OF DATA (debt AIDS trade Africa):

“We are relieved that debt relief has finally turned into debt cancellation, and that justice has prevailed for this first phase of cancellation of repressive multilateral debts. This is but a modest down payment on what needs to come, but we are now one step closer to realizing the promises of the world’s richest countries at the G8 Africa Summit this summer. In 2006, many more of the 2005 promises must be kept.

Much has been made of Bono’s role in debt cancellation this year, but the true heroes are the millions of campaigners around the world who demanded more for those with less from their leaders, including the hundreds of artists who took part in the Live 8 concerts around the globe.

Let us not, however, rest here. The road to justice will be a long one. The G8 also promised additional $25 billion in aid for Africa from the G8 nations, education for all and AIDS drugs for nearly all, targeted efforts to beat back malaria, as well as a major overhaul of our trade system to level the playing field and allow the poorest to earn their way out of extreme poverty with dignity.”

On IMF conditionality: “Our assistance must always be delivered in a way that best helps people on the ground beat poverty. We cannot attach strings to it which are really about opening their markets to our products or micromanaging their economies to suit our narrowly defined ends. Those approaches are outdated, they don’t work, and we must together move on from paternalism to partnership with African and other developing nations. Beating back on IMF austerity measures is a key part of this new emerging paradigm of partnership."


My question to the IMF, is Nigeria not poor enough for 100% debt cancellation?
Please don't look into the EFCC (Economic and Financial Crime Commision) selective witch-hunting criminality.The rest of Nigerians won't see the confiscated loot or where it will eventually end up just like the Abacha thievery that were recovered.
Nigeria falls into the same bracket with Niger, Mali,Togo,Ghana, Cambodia, Guinea and all other poor nations of the world.