Many countries blessed with nature’s riches like minerals and oil, have often degenerated into disaster due to improper management of the resources.
Abject poverty, underdevelopment, persistent surge of mysterious diseases and sprouting warlords, meaningless conflicts aimed at pillaging national resources at misery of citizens are the order of the day in such countries.
We have such countries within our continent; richest globally, in natural resources but with the poorest citizens in the world.
To avoid falling suit, as the short warning lights by the war in Sudan have blinked our sight, concrete measures must be set in place, to avoid disasters getting us off guard with cash reservoirs.
Though talking about other countries might sound like a baboon pointing at scares on colleagues’ bottoms, not knowing its own behind, but South Sudan hasn’t reached the degenerative line.
South Sudan is yet on a redeemable point, but the burden of success lies with leaders navigating through the storm safely without wreckage since the ship is in rock-infested waters.
Once the oil flow and sale kick on, bailing civil servants from months of poverty torture must be priority, but still capital investment and cash reserves to cushion future hard times must not be overlooked.
Going back to the drawing board, what brought about the current situation is simply a lapse in planning which failed to anticipate pitfalls.
No buffer chest was set in place and this could mean, a need to revamp the architecture and the crew, in oil cash management