For instance, When you go to the IMF, it simply means that you have been shortchanged of money or currency so you want a bailout. When you go there, if it’s $1 billion dollars, they will give you the $1 billion dollars with an interest rate and what have you. Then, they take your budget, scrutinise your budget , add some conditions that will help you to be able to pay back the $1 billion dollars [with] interest which in the end may affect you negatively because you won’t be able to redeem your country. So internationally, you’ve been able to pay back to your external creditors, but domestically, you haven’t been able to do anything. Then what again? You go back to the IMF again because you don’t have anything.

What Africa lost in the course of colonisation and slave trade, no money can replenish it. Between 25 million to 30 million Africans were uprooted from their place of abode. In fact, they were violently uprooted, they were harassed, they were taken by force from the beginning of the 16th century to mid 19th century all in the name of slavery. In fact, around 12.5 million of Africans were taken through slavery to North America and Europe and this is what today has come to be known as the Trans-Atlantic Slave Trade. And in the course of the passage across the Atlantic Ocean, about 2.5 million of Africans died and some were even thrown into the Atlantic Ocean. So asked yourself, the over 2.5 million people who died, how are we going to bring them back? What amount of money are we going to pay to bring them back?