Sometimes when experts don't agree, it is because the solution has nothing to do with expertise but creativity. Such is the case with Nigerian economy.

What Do We Want?

1. We want a technologically advanced Nigeria
2. We want a country that food, clothing and shelter will be affordable and accessible to Nigerian

3. We want to have all our available resources adequately utilized and turned from raw materials to value-added products high on the value chain.

4. We want Nigeria to become a self-sufficient, net exporter of goods and services

These are the things we want. So the real issue is not about the value of the Naira but about how we can achieve ALL of the above.

WHAT DO WE NEED?

1. We need to ELIMINATE poverty from the MINDS of Nigerians. In other words NIGERIANS NEED TO FEEL RICH AND ABLE TO ACHIEVE ANYTHING THEY WANT TO IN LIVE WITHOUT THE OBSTACLE OF MONEY.

2. We need ALL Nigerians to have access to quality education tailored to their real passion in life-- so far it is not a crime.

3. ALL Nigerians need to have ASSURANCE that as long as they are offering a product or service they are best suitable to do OR under training for such, they will not lack basic needs and access to positive entertainment, recreational and relaxation services.

4. We need constant and quality supply of electricity


HOW DO WE GET THESE DONE?


1. We can create a New Naira only useful within our borders by Nigerians and registered indigenous Nigerian businesses and institutions.
We can make the value of this new currency anything we want but it should worth more than than the British pounds or any other currency known.

2. This money should be locally produced, better if in electronic version accessible online or through mobile phones.

3. Every Nigerian should be GIVEN enough value of this currency that will cover for quality food, clothing, shelter, education, healthcare for a lifetime of up to 120 years.

4. Access to the New Naira should be available at no interest to Nigerians who wants to start businesses or programs that will enhance our technological and export potentials of goods and services using locally available raw materials and Nigerians as personnel.

5. The New Naira will only be used to purchase locally made goods and pay for services provided by Nigerians or indigenous companies.

6. For transactions with non-Nigerians and non-indigenous companies as well as in international market (import and export), the (old) Naira will be used.

7. Devalue the (old) Naira against the currencies of countries who will purchase Nigerian products and services.

This way we will keep people motivated, eradicate poverty, develop adequate manpower and achieve our net exporter status goals.

OF COURSE THIS HAS IT'S OWN CHALLENGES BUT THEY WILL BE GOOD ONES THAT WILL GET US THINKING BETTER AND THINKING NIGERIA FIRST.

Author: M.A. Adedoyin

Elosky20:
beautiful nonsense

PMIcon:


If you can't fault it, it is not compulsory you comment. This is innovative and only require willingness to try.

Swizdoe:

Trust me that guy is being nice....
I've got worse adjective to qualify this bullsh*t