Showing posts with label Gulf of Guinea. Show all posts
Showing posts with label Gulf of Guinea. Show all posts

Wednesday, June 2, 2021

Nigeria Is Falling Apart! How Are We Going To Fix It?

 By Joel Popoola

The 2023 election may feel like a long way off, but the battle to succeed President Muhammadu Buhari is already underway.

But who will step into his big shoes?

Just recently, the influential international news agency, Bloomberg, asked the question “is Nigeria falling apart?”

Unfortunately, it’s hard to argue that it isn’t.

*Buhari 

However, the real question is “how are we going to fix it?”

How are we going to fix an economy where unemployment is 33% and inflation is running at 18%?

What are we going to do to improve the lives of the 80 million Nigerians who live on the equivalent of less than $2 a day – a figure the World Bank predicts may rise to 100 million following Covid-19?

How is a nation economically dependent on oil going to face up to a post-oil future?