Nigeria is fighting to stay alive with high inflation and the potential risk of stagflation, very low economic growth, low human development index and general insecurity. Despite all these, it is sad some Nigerians still choose to play politics.
I was shocked when a spokesperson of the government recently defended the second system collapse recorded this year. It was akin to a student defending failure by saying he did better than others. I think this makes us look stupid in the end.
- PCN arrests 16 illegal medicine dealers, seals 178 premises in Rivers
- Man jailed for constituting public nuisance
Nigeria is blessed with enormous potential but we need to harness the resources we have and we must shun corruption. As of today, we don’t have a working refinery and when you calculate all the monies we have spent on subsidies, you wonder what we think.
We all envisaged that the global headwinds occasioned by COVID-19 will bite harder in 2022 but we didn’t prepare for it. Every sector as we speak is in a maelstrom. Our great country has become a joke in the eyes of the world. This is not the time to give excuses; it is the time for the leadership to accept failure and find remediation.
The solutions are within reach; we must support small businesses to drive growth, we must remove subsidies, we must build refineries and we must truly introspect on our long term monetarism and see how different economic schools of thought can help us. We can also bolster our military and regain our pride of place in Africa. We must drive innovation by supporting stem and Nigerians must vote in good leaders. It is essential.
Rufa’I Oseni wrote via firstname.lastname@example.org