On October 1, 1960, the future of Nigeria was bright. World leaders predicted that 10 years later, the country would become a medium world power.
After a long thought, our nation’s founding fathers never understand that 59 years after birthing the largest black nation on earth, there is going to be gaps between ‘expectation and reality.’ And the country would be facing a situation where we do not have a free press.
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At 59, the rich country is in pains. The natural resource is domiciled in the Niger Delta Region. But, majority of its citizens wallow in abject poverty. Life expectancy has dropped abysmally in Nigeria to 44, one of the lowest in the world. Basic amenities such as portable water, electricity, medical facilities and roads are in pitiable state of disrepair.
Despite Nigeria being the second African exporter of crude oil and the sixth in the world, it has not reflected in the nation’s development and standard of living of the citizenry.
Nigeria dropped in global economic ranking to 101st position out of 125 nations while the economy is still burdened with double-digit inflation, estimated at 13 per cent. Nigeria was placed 159th out of 177 countries of the world examined for the human development.
Nigeria also lost 34 places (falling to rank 112) in the basic requirements sub-index, which alights the fundamentals for achieving sustainable growth, including strong institutions, adequate infrastructure, a supportive macro-economic environment and good basic health and education.
Nigeria also lost 34 places (falling to rank 112) in the basic requirements sub-index, which alights the fundamentals for achieving sustainable growth, including strong institutions, adequate infrastructure, a supportive macro-economic environment and good basic health and education.
The World Bank also estimated that 50 per cent of the federal roads have deteriorated in the last six years to the extent that it costs more to send goods from Lagos to Maiduguri than to send them to Europe.
Question Of The Day:
Why is Nigeria difficult to CHANGE?Question Of The Day: