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Matters Arising - Case Study: The Nigerian Economy by Gentlebabs(m): 3:43pm On Feb 23, 2017 |
When you keep the economy hanging, you get everybody speculating. This is not good for our economy, as all the variables are going off-course. When you don’t know that you have problems, and you don’t know that you don’t know, then that is a bigger problem. Nigeria has economic problems at the moment, in my opinion most traceable to policy mis-match, politics of nepotism and corruption, the latter which is the Commander-In-Chief of not only Nigeria but Africa’s problem. As a nation, we are supposed to be rational, understand that wwe cannot eat our cake and have it hence some necessary economic balance here and there. No economy, I repeat no economy can grow under a command and control system, just like a group of Nigerians who were supposed to be led by one of Africa’s finest musical talents were cowed into submitting to the “Command and Control” System. For Nigeria to be great, take her place in the comity of Nations and restore her glory, we all need to think of creative ways to support government, encourage them when they are doing the right thing, and also reserve the exclusive right to constructively criticize them within the ambits of the law when we feel discontented. Above all, as an incurable optimist, I believe that we will be closer to the solutions to our economic issues than we think, if we think outside the box, plan our approach and work our plan. Babatunde Raimi Economic Strategist/Life Coach/Author
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