Outgoing University of Technology Chancellor and former Taxation Review Committee chairman Sir Nagora Bogan has announced his intention to contest the Lae Open seat in 2017.
He made the much-anticipated announcement in front of a fullhouse crowd of more than 300 people at a fundraising dinner in Lae last Saturday.
Sir Nagora also revealed his grand vision, Vision 2022 – Transforming Lae and Papua New Guinea, under which he hopes to change the way Lae and PNG is being run.
The crowd included former prime minister and People’s Progress Party leader and New Ireland Governor Sir Julius Chan, National Party leader and Sinasina-Yongomugl MP Kerenga Kua, New Generation Party leader and Goroka MP Bire Kimisopa, Lae business leaders, and representatives from all sectors of civil society in Lae.
Sir Nagora said he offered a wealth of experience in both the public and private sectors.
He said PNG was going down the pathway of failed states if it failed to transform for the better.
“We (PNG) spent money that we didn’t have,” Sir Nagora said.
“Now we are struggling because we thought we would have wealth that would come.
“I foresee that if we don’t get it corrected, maybe 10 years from now, we are headed for catastrophe.
“To benchmark that, look at some African countries, the journey that they have taken.
“Many of those countries became stuck in a position where they could not pay off their debts.
“If we are not careful, we (PNG) are heading down that way.
“We will have the distinction of being a country that failed – that’s the reality.”
Sir Nagora said a total transformation was needed to save the country.
“I think the time has come that the old line of thinking – where policies are articulated in the absence of people out there like the private sector and civil society – must stop,” he said.
“We have bureaucrats in Waigani making policy decisions that will affect you and me, yet, some of them have not even got out of the comfort of Waigani and gone out and seen the reality.”
Sir Nagora offered suggestions to save the country.
“The key thing is to unlock the economic potential that we have, by having in place a clear policy to diversify the economy,” he said.
“Let’s concentrate on economic diversification.”
Sir Nagora Bogan addressing his fundraising dinner in Lae last Saturday. |
Sir Nagora also revealed his grand vision, Vision 2022 – Transforming Lae and Papua New Guinea, under which he hopes to change the way Lae and PNG is being run.
The crowd included former prime minister and People’s Progress Party leader and New Ireland Governor Sir Julius Chan, National Party leader and Sinasina-Yongomugl MP Kerenga Kua, New Generation Party leader and Goroka MP Bire Kimisopa, Lae business leaders, and representatives from all sectors of civil society in Lae.
Sir Nagora said he offered a wealth of experience in both the public and private sectors.
He said PNG was going down the pathway of failed states if it failed to transform for the better.
“We (PNG) spent money that we didn’t have,” Sir Nagora said.
“Now we are struggling because we thought we would have wealth that would come.
“I foresee that if we don’t get it corrected, maybe 10 years from now, we are headed for catastrophe.
“To benchmark that, look at some African countries, the journey that they have taken.
“Many of those countries became stuck in a position where they could not pay off their debts.
“If we are not careful, we (PNG) are heading down that way.
“We will have the distinction of being a country that failed – that’s the reality.”
Sir Nagora said a total transformation was needed to save the country.
“I think the time has come that the old line of thinking – where policies are articulated in the absence of people out there like the private sector and civil society – must stop,” he said.
“We have bureaucrats in Waigani making policy decisions that will affect you and me, yet, some of them have not even got out of the comfort of Waigani and gone out and seen the reality.”
Sir Nagora offered suggestions to save the country.
“The key thing is to unlock the economic potential that we have, by having in place a clear policy to diversify the economy,” he said.
“Let’s concentrate on economic diversification.”
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