By Guy Ikokwu
A reflection of Nigeria ’s
palpable dismal situation 58 years after independence shows that our growth has
been stunted for over 40 years since independence. The Nigerian nation is today
at the cross roads of choosing its path to National growth in line with other
developing nations or on the other hand continuing its present retardation
along the ignoble road to self destruction and conflicts among its numerous
ethnic nationalities as had been witnessed within the last few years.
It is such that most observers, domestic and international,
have observed that our country has not been as divided as it is today, the
division stands from religious bigotry, economic degradation, high index of
poverty, joblessness, insecurity, massive corruption as a way of life, high
rate of mediocrity in the leadership circles, lack of good governance, very low
capital appropriation coupled with massive external loans and indebtedness
which are being used mainly for recurrent expenditures, personal allowances,
and non-diversification of critical areas of the economy, which makes Nigeria a
dumping ground for other countries and a classic case of consumption rather
than production.
*President Muhammadu Buhari |