Remarks by the President to Nigerian and American Business and Trade Community Leaders (8/27/00)
                                THE WHITE HOUSE

                         Office of the Press Secretary
                                (Abuja, Nigeria)
      ______________________________________________________________
                 For Immediate Release    August 27, 2000


                            REMARKS BY THE PRESIDENT
                       TO NIGERIAN AND AMERICAN BUSINESS
                          AND TRADE COMMUNITY LEADERS

                                 Sheraton Hotel
                                      Abuja, Nigeria


5:50 P.M. (L)


     PRESIDENT CLINTON:  Thank you.  Thank you very, very much.  I am
delighted to be here.  I want to thank Mr. Moorman and Mr. Ndusa and
Reverend Jackson for their remarks.  I want to thank the First Lady of
Nigeria for joining us today.  Thank you very much.  (Applause.)  I thank
the members of the American delegation who have joined me from the United
States Congress, from local government, the leader of our Export-Import
Bank and our AID operations and many others.  They're all over here to my
right, and they are a part of what we are trying to do.  And I thank the
members of the Nigerian and American business communities for being here.

     As is usually the case, when I get up to speak, everything which needs
to be said today has already been said by the previous speakers -- and I
might add, said very well.  I would just like to talk a moment about the
American response and what I hope will be the Nigerian response.

     After working so long to restore democracy and, in a way, to genuinely
have it for the first time, there must be a dividend to democracy for the
people of Nigeria.  (Applause.)  Now, what will the role of trade and
investment be in that dividend?  What will the role of the explosion in
information technology be, and communications on the Internet be?  How will
this totally new world change what Nigeria has been through in the last 30
to 40 years?  And what things depend entirely on what the Nigerian people
and business leaders decide to do themselves?

     From the 1970s to the 1990s, developing countries that chose growth
through trade grew at least twice as fast as those that were not open to
the world.  Nonetheless, there are clearly new challenges.  What does all
this mean for you?  That is what I would like to talk very briefly about --
first, what you have to do; secondly, what we have to do.

     It really is a very different world now.  For more than 100 years
we've been moving toward more global trade, but the information revolution
has changed everything.  In 1993, in January, when I became the President
of the United States, there were, in total in the whole world, only 50 --
50 -- sites on the Worldwide Web.  Today there are 20 million or so and
rising.  (Applause.)  In seven and a half years.

     Even when we were having increases in trade, they were due largely to
old, traditional sorts of things.  You had oil, somebody else needed oil
and didn't have it, so you would take it out of the ground and sell it to
them and they would send you the money.  And the geographic facts dictated
that.  Or, you made beautiful cloth or pottery, and you sold it to somebody
near you who made something else, and they sold that to you.

     Now, if you have ideas and imagination, the information technology has
virtually collapsed the meaning of distance, and it's made the human mind
and ideas even more important than riches in the ground.  So what does that
mean?  What does it mean for you; what does it mean for us?

     Well, first of all, government policy still matters.  So your
government, any government of any nation that wants to grow wealthier has
to have the basics right -- managing the economy well, keeping the markets
open, establishing the rule of law, creating a good climate for investment
-- Reverend Jackson talked about that; President Obasanjo knows all that.

     Look at the record.  Nigeria has turned a fiscal deficit into a
surplus.  Its growth is up and it is moving to cut tariffs.  I also hope it
will follow through with planned economic reforms, including some
privatization that will encourage some investment from abroad and at home,
and improve services for Nigerian citizens.

     Now, if Nigeria does its part, then Nigeria's trading partners and the
wealthier countries of the world, especially, must do their part, as well.
You are America's important partner.  And we are your largest trading
partner.  So we have a special responsibility to act.  I'm glad to announce
today that we are making your exports eligible for duty-free treatment
under our GSP program.  (Applause.)  Thank you.

     Let me say something about this.  I want all of you to -- in spite of
the fact that nearly everything has been said that needs to be said, here's
one thing that hasn't been said.  Along with the political tragedy of the
last 20 years, you have had a colossal economic tragedy.  You pumped a lot
of oil out of the ground, got a lot of money for it and somebody besides
the people got the benefit of it.  But let me just say this -- looking
forward, that's only one part of the tragedy.  That's the real significance
of what I said about duty-free treatment.  In other words, if no one had
stolen any money, if no one had kept too much to himself, you could still
be in trouble if you didn't use the oil money to get into some business
other than oil.  That's the main point I want to make to you.  (Applause.)

     So it's important -- yes, I know you have to look at the past and you
have to have accountability and all that.  But let's not get too carried
away about the impact of the past on the future.  You have got to not only
make sure that the money coming from the oil benefits the people, you've
got to invest some of that money in a way that broadens the nature of the
Nigerian economy, if you really want people to get richer.  (Applause.)

     You've got to rebuild the agricultural sector.  (Applause.)  You've
got to broaden the manufacturing sector.  (Applause.)  You can actually
have .com companies in Nigeria.  You can make money off the Internet here,
just like people do everywhere.  And there needs to be a lot of thought
given to how you're going to diversify the economy.  I hope the fact that
you can sell us things now without paying imports will make it more
competitive and that we can help.

     Our Export-Import Bank -- and I mentioned Mr. Harmon earlier, who's
here -- is signing -- listen to this -- $1.2 billion in loan guarantees
today. (Applause.)   Our Trade and Development Agency is a beginning
feasibility study that could generate projects worth hundreds of millions
more.

     We also signed the Africa Growth and Opportunity bill earlier -- and
every member of Congress over here voted for it, and I'm grateful to them
for doing that -- (applause) -- that will provide even broader benefits
than our GSP program for countries that are eligible.  When we fully
implement the Africa Growth and Opportunity Act, Africa will have the most
liberal access to America's market of any region in the world outside North
America.  I am very, very proud of that.  (Applause.)

     Now, so, I will say again, we're committed to doing our part.  But we
have to reverse the practice that went along with the absence of democracy,
not only because a lot of the oil money went to the wrong hands, but it
wasn't reinvested.  You could go around and just hand money out to
everybody in Nigeria and be just as fair and equal as possible, and it
still would all be gone in a month or two.  We have got to diversify this
economy.

     Now, what does that mean?  It means, among other things, you have to
rebuild your infrastructure as well as a lot of your basic industries.
Half of the people don't have access to clean water.  It means that you
have to broaden access to education; your school enrollment levels need to
be made more nearly universal.  It means you have to dramatically broaden
access to information technology; only 9,000 people have direct access to
the Internet.

     Let me tell you a story.  I was in India, where the per capita income
is not much higher than Nigeria, in one of the poorest states in the entire
nation -- in a little village, not so very different from the lovely little
village I visited here this morning.  (Laughter.)  You know?  And the
ladies of the village were in their Indian costumes, and they were very
beautiful, and they danced.  The only difference was there they threw
petals of flowers all over me and they buried me in a mound of flowers --
it was nice.  (Laughter.)

     But anyway, I went into meet with the local government, and I was
stunned, in this very old building that was not in very good repair, I was
stunned to see this brand new computer.  And I met a lady who lived in the
village who had been trying to use the computer.  And I saw a young mother
come in and get on the computer, and she dialed in the information for the
nation's health department.  And up it came, in two languages, Hindu and
English, with pictures of what young mothers should do to care properly for
their babies for the first six months.  It was just as good as anything the
wealthiest woman in Washington. D.C. could get from the most expensive
doctor.

     And she punched a little button and the printer printed it out, and
she took the information home.  And because there were so many pictures,
even if you couldn't read very well you could understand what you were
supposed to do.

     I went to another state in India and every citizen could get a license
for a car or any other kind of government permit over the Internet at
common stations in all their cities, so that people learn to use the
Internet who never would have learned to use it before just so they didn't
have to go stand in line at a government office.

     The point I'm trying to make here is, it's not true that poor people
in poor countries can't make their lives better or make more money out of
information technology, or can't have access to better education.  It is
not true.  You should look at this as an opportunity to move faster by
maybe 10, 20, 30 years than you could have moved otherwise with your
economic development.  But you've got to spread it out.  You've got to do
what is now called -- you have to bridge the digital divide.  And we have
to help you do that.

     Now, I agree that we should help you with the debt burden, as long as
you are going to spend the savings of the debt burden on the real, human
and economic long-term needs of the people of Nigeria.  (Applause.)  So,
after all -- and I think Nigeria has a compelling case because it was a
very different government that ran up those debts, with very different
priorities -- (applause) -- so I think you've got a compelling case.  But,
again, debt relief is just like oil money.  (Laughter.)  You think about
it.  You could take it and go give it out to everybody, and in two or three
months it would all be gone.

     Your President has promised the whole world, as well as the people of
Nigeria, he's going to stay on the path of economic reform.  And if that
happens, I believe that we will be able to persuade our partners among the
other wealthy nations that we ought to move more aggressively to help
alleviate Nigeria's debt service programs.  I believe that.  (Applause.)

     You don't have to clap for me, I'm not running for anything anymore,
I'm not a candidate.  You can totally ignore me.  (Laughter.)  But, keep in
mind, if we take the burden off the government of having to make these debt
service payments, then you must support the President and you must support
your legislators, anybody with any influence over how this is done, to
spend the money in a way that will grow the economy and strengthen the
society of Nigeria over the long run.

     It is not -- yes, everything must be honest and fair, but it's not
just a question of being honest and fair.  It's also a question of being
smart about how this money is invested so that you are growing the economy
over the long run in ways that benefit all the people.  We have got to
broaden the base of this economy.

     Now, it has to be done.  And you have got to support your President.
And you have to be willing, as business people, to stand up and say when
somebody says, well, why are we spending this on health care, why are we
spending this on education, why are we spending this on clean water, why
are we spending this on a road in another part of the country -- I'll hear
that, I know about that -- (laughter) -- why are we building those roads in
the other part of the country, all this stuff -- the only test you should
have is, if they do this are we going to have healthier children, better
educated young people, and a stronger economy and a better prospect for a
more diverse economy over the future.  That should be your test.
(Applause.)  And if the answer to those questions is, yes, you should
support it.

     So we have to do that.  We also have to work together to keep
infectious diseases from taking away your democratic dreams and your dreams
of recovery.  (Applause.)  We just did an event on this whole issue, but
one in four people in the world today who die every year, die from
infectious diseases, in spite of all the advances in medicine.  An enormous
percentage of these people are under five years of age.  AIDS threatens to
lower the life expectancy of some African countries by 20 to 30 years.
There will be countries on this continent within a few years who will have
more people in their 60s than people in their 30s.

     Now, you're going to have a million people die this year of malaria.
Most of them could be saved by being less careless, taking precautions.
And AIDS is 100 percent preventable.

     Yes, we are spending a lot of money now and I'm very proud of my
Congress, the Republicans and the Democrats in our Congress, for voting to
put the United States in the lead of developing a global effort for an AIDS
vaccine, because that's the ultimate answer.  And we're going to spend a
lot of money on that.  I think we should spend more money to give you the
drugs that are available today at more affordable prices, and I'm trying to
raise a lot of money from drug companies and others, and I'm trying to get
the Congress to give the drug companies in our country a tax cut to make
more of these drugs available to you at a lower cost.  We're trying to do
that.

     But we have got to have your help in prevention.  Nobody has to get
AIDS.  But it's difficult, painful -- as I said at the other meeting --
it's slightly embarrassing, even, to have to talk about how you get the
disease and how you stop it.  But it's not nearly as painful as watching
another child die who doesn't have to die.  And I applaud the fact that
your President and your government are trying to get ahead of this.

     Yes, there are 3 million Nigerians who have HIV or AIDS, and that's a
terrible number, but it's nothing compared to the consuming numbers that
are gripping other countries.  And the fact that you are doing so much in
an aggressive way on prevention is something that I hope everyone in this
room will strongly support the President on and strongly keep working for,
because otherwise, it can take away all these economic things that we're
doing, and you have to be very serious about it.

     We need to work to invest more in education.  We are helping to
establish some community resource centers in every region of Nigeria that
will provide Internet access and training to student and teachers and small
businesses, so that we can have more Nigerians gain access to information
technology.  And we will try to do more, too.

     But you should try to think about anyone in the world you can ask to
help you do more.  You can't do what you want to do with this economy
quickly with only 9,000 people with Internet access.  You need 9 million
people with Internet access, and you can do it in no time, and we'll help
you.  But you all should understand -- it collapses time and distance;
that's what the Internet does.  And you need someone to help you collapse
time and distance.

     Finally, one other issue here that I wanted to mention.  You don't
have enough people in school.  And one of the things we're trying to do --
I've put up $300 million and I'm going around the world pleading with other
rich countries to give us some money, to offer a worldwide program to any
country who will take us up on it -- and President Obasanjo said he's very
interested -- to provide one nutritious meal a day in school for every
child that will show up for school.  (Applause.)

     Now, I'm convinced if we did that, we would dramatically increase
school enrollment among girls as well as boys, where it's very, very
important.  We don't want to upset local agricultural economies, we have to
work with them.  We know we have delivery difficulties.  This is not a
miracle program.  But we are committed to it.  And I'm grateful that the
President said he was interested in having a pilot program here.  But,
again, I will say, I think you've got a big interest in getting all your
children in school.  And it will pay rich dividends for your economy, as
well as having fewer social problems, fewer public health problems.

     Now, the last thing I will say is that it really is important that
there be an alliance between the government and the people of Nigeria and
the business interests that are investing in Nigeria, including those that
are from other countries.  I want more American investment in Nigeria --
(applause) -- let me just say this -- but I want it to be good
old-fashioned, honest investment that benefits everybody who's willing to
work for a living.  And I want us to be good partners to this good new
democracy you have.

     I think the American companies will do that.  We are creating a new
position in our embassy to work with the Nigerian government, with the oil
companies, with local communities to promote democratic and economic
development in the Niger Delta -- I think that's good.  (Applause.)

     This September, the United Nations Foundation and several oil
companies are going to launch the New Nigeria Foundation, to be
administered jointly by the U.N. development program and the U.S.
organization, Citizens International, to help Nigeria create jobs by
diversifying the economy, providing health care, fighting illiteracy,
supporting small business.  It's the first public-private partnership of
its kind within the United Nations system dedicated to the well-being now
of Nigeria's people.  And I thank the U.N. and the oil companies that are
funding it.  This is a very, very important step.  (Applause.)

     I will just close with this point -- and I want to thank all the
Americans who are here and those who have been doing business here a long
time and those who are thinking about investing here.  The President and
the First Lady and my daughter and I and Reverend Jackson, a lot of the
Americans, went to church this morning at the First Baptist Church here.
And the minister gave a good sermon, even for people who aren't Christians.
He talked about the story in the Christian New Testament of the Good
Samaritan.  And many of you maybe know the story, but, basically, there's a
poor guy that gets beaten up and robbed on the side of the road and left
for dead.  And a priest of the church then, in Judea and Samaria, sees him
and averts his eyes and walks on.  And then a man from a very prominent
tribe sees him and diverts his eyes and he walks on.

     And then the Samaritan, who came from a sort of a outcast people,
people who were looked down on, thought to be alien and not friendly to the
dominant peoples of the area, he saw him, went over to him, ministered to
his wounds, made him better, took him to a local inn, asked the innkeeper
to take the man in, paid money out of his own pocket and said, I want you
to let him stay here until he's well enough to go, and the next time I'm
through town, if I owe you more money I'll pay you.  Quite a wonderful
story.

     Now, here's what the preacher said.  I mean, what's this got to do
with you, you're asking.  I'm getting to that.  (Laughter.)  So the
minister says, now, there are three kinds of people in this story.  The
first kind says, whatever is yours is mine if I can take it away from you.
That's the person that beat up the poor man.  The second kind of person
says, whatever is mine is mine if I can just keep it.  That's the priest
and the man from the fancy tribe who turned their eyes away and walked
away.  And the third kind of person says, whatever is mine is yours if you
need it.  That was the Samaritan.

     Now, the point I want to make to you is, from a religious point of
view, whatever your faith, the third kind of person is the only sort of
person worth being.  But from a political and economic point of view,
there's a fourth sort of person I want you to be.  (Laughter.)  I want you
to think about this.

     We live in a world which is overwhelmingly more interdependent.  A
bunch of people in Nigeria get malaria, and they have to travel for a
living -- they're going to give it to Americans in airports.  Think about
it.  People are now giving people AIDS all over the world.  And yet good
things are happening, too, in partnerships all over the world.

     Therefore, if I want every child in America to have a future 20, 30,
40 years from now, that will be as bright as possible, I should do
something to help every child in Nigeria have a future that is as bright as
possible, because it's actually good for the American kids.  If you have
more people making more money by selling products to Americans, it's good
for us because then we'll be able to sell you some things.

     So the Good Samaritan story is right for another reason.  It's not
just whatever is mine is yours if you need it, but if I give you a little
of mine now, I'll get it back many times over -- (laughter and applause) --
because this old world is like a boat in a sea, and sometimes the sea is
stormy and sometimes the sea is calm; sometimes the winds blow with us and
sometimes the winds blow against us; sometimes one of us is the captain of
the ship, and then three or four decades later somebody else may be the
captain of the ship.  You can say all of that, but when it's all said and
done, no matter what, we're all still in the same boat.

     I believe that.  That's really why I'm here.  And that's why I want
you to support the President, to support economic reform.  I want the
Americans to put more money in here.  But I hope you will remember what I
said.

     Fairness is important and honesty's important.  But you have a country
to be built here.  So it's also important that you do the intelligent
thing, and that we think about the Good Samaritan and realize that in the
end, the Good Samaritan was better off.  He got a lot more out of life than
the priest and the other guy that walked by.  Why?  Because in the end,
we're all in the same boat.  So let's sail.

     Thank you very much.  (Applause.)


END  6:20 P.M. (L)


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