By Chuka Onwumechili
Nigeria is expected to be home to 380 million persons by 2050, making it the third most populated country in the world according to the United Nations. Of course, that is made of a huge youth population, given that the population was barely 55 million in 1980. Presently, 90 per cent of the 220 million population is 50 years or younger.
The dire situation is heightened by a growing poverty line where four out of 10 Nigerians live below the line, according to World Bank data. Worse still, a Nigerian online publication recently reported that Nigeria’s 2022 debt servicing is 18 per cent higher than projected revenue.
