Quotessence
Home / Quotes / Quote by Olawale Daniel

Quote by Olawale Daniel

“To grow the value of our Naira, the government needs to stop borrowing and start looking inward for value propositions within the country itself. We have alternatives to oil and gas, but it is not going to be the fastest way to raise funds that will be siphoned by the government officials. That is why borrowing from China, Brazil and others is seemingly becoming the norm. That works faster and it is the easiest means of raising money than investing in agriculture and others alternatives we have.”

Quote by Olawale Daniel

Create image

Author

Olawale Daniel

Browse famous quotes and profile details for Olawale Daniel. more

You May Also Like

“The problem with the naira (and most African currencies) is fundamental. Our currency(ies) rests on faulty economic substructure that no amount of reactionary policy can fix. The Nigerian economy is hollow and only dogged commitment to true economic principles of value creation and local production supported by export and diversification will lead us to the pathway of economic transformation.”

PoliticsLeadershipEconomyPolicyDevelopmentAfricaGovernanceNigeriaNaira
Author:Peter-Cole C. Onele
Create image

“I am not going to stress the usual argument that the police habitually mistreat Negroes. Every Negro knows this. There is scarcely any black man, woman, or child in the land who at some point or other has not been mistreated by a policeman. (A young man in Watts said, "The riots will continue because I, as a Negro, am immediately considered to be a criminal by the police and, if I have a pretty woman with me, she is a tramp even if she is my wife or mother.")”

RacismPoliceAfrican AmericansBlacksPolice BrutalityMistreatmentWatts RebellionWatts Riots
Book:Down the Line: The Collected Writings of Bayard Rustin
Create image

“Such proposals may seem impractical and even incredible. But what is truly impractical and incredible is that America, with its enormous wealth, has allowed Watts to become what it is and that a commission empowered to study this explosive situation should come up with answers that boil down to voluntary actions by business and labor, new public relations campaigns for municipal agencies, and information-gathering for housing, fair employment, and welfare departments. The Watts manifesto is a response to realities that the McCone Report is barely beginning to grasp. Like the liberal consensus which it embodies and reflects, the commission's imagination and political intelligence appear paralyzed by the hard facts of Negro deprivation it has unearthed, and it lacks the political will to demand that the vast resources of contemporary America be used to build a genuinely great society that will finally put an end to these deprivations. And what is most impractical and incredible of all is that we may very well continue to teach impoverished, segregated, and ignored Negroes that the only way they can get the ear of America is to rise up in violence.”

RacismProtestRebellionAfrican AmericansSystemic RacismRiotsWatts RebellionWatts Riots
Book:Down the Line: The Collected Writings of Bayard Rustin
Create image

“In the middle of May an L.A. cop stopped a black man named Leonard Deadwyler for speeding through Watts. He stuck his gun in the driver's-side window — 'to attrack the driver's attention,' he later testified. He also claimed the car suddenly lurched forward, causing his gun to discharge. Leonard Deadwyler slumped into the lap of his wife and muttered his last words — 'But she's having a baby' — as his two-year-old son looked on from the backseat. He had been speeding her to the nearest hospital, miles away; there was no hospital in Watts — an area twice the size of Manhattan.”

Civil RightsPolice BrutalityWatts RebellionWatts RiotsWattsLeonard Deadwyler
Book:Nixonland: The Rise of a President and the Fracturing of America
Create image