Nigeria’s Not Too Big to Fail

By Oseloka H. Obaze

Deciphering Nigeria can be depressing. Interrogating her history and present political trajectory can also be disconcerting. That awkwardness is further complicated by the fact that, in a nation where governance is now rife with propaganda, the truth is always a conspiracy; and truth-tellers, traducers. 

That disposition did not prevent two recent unvarnished and non-salutary New York Times assessment of the state of Nigeria. Both pieces represent a reality check and the proverbial writing on the wall. Despite the pushback by the ruling All Progressives Congress (APC) government, what is dawning stealthily on Nigerians is that Nigeria’s long-forecast implosion might actually be self-fulfilling. Put differently, Nigeria is not too big to fail. 

Why We Are Failing As A Nation

By Jerome-Mario Utomi

Asked how he was able to grow 15 times, independent Singapore with a GDP of $3 billion in 1965 to $46 billion in 1997 and became the 8th highest per capita GNP in the world in 1997 according to the World Bank ranking? Lee Kuan Yew, the Prime Minister of Singapore (as he then was) explained thus; a united and a determined group of leaders, backed by practical and hard-working people who trust them made it possible.

*President Buhari

The story of Singapore’s progress is a reflection of the advances of the industrial countries – their inventions, technology, enterprise, and drive. It is part of the story of man’s search for new fields to increase his wealth and well being, he concluded.