The way I view it, rich countries generally follow a progressive route to prosperity, labour-intensive agricultural production, a transition to export driven industrial products (with a concurrent transition to capital intensive agriculture so as to man the new industries) and finally a transition to world-beating services. Nigeria’s problem, it saw the clearly beaten path and sought to be a trailblazer on another one. Nigeria initially before the discovery of crude oil in commercial quantities was an agricultural powerhouse, the world’s leading producer of cocoa, groundnuts and palm nuts. Then came the discovery of crude oil and the country went nuts!

Nigeria’s crude oil problem counts as one of the examples of the famous “Dutch disease”. When you have a valuable resource that brings in a lot of foreign exchange, it in turn drives up the value of your currency. It could be a good thing in theory, for example a sensible government could use their now valuable currency to import products for an infrastructure boom and to aid industrialisation. What you don’t do is everything Nigerian leaders have done, give yourselves pay rises, steal what you can’t get legally, ignore governing, send your children abroad to safe




https://etimes.com.ng/nigeria-poor-country/

It's my turn mentality is holding Nigeria down.

Nigerian leader will shout it is my turn when elected.

His kings men will shout its our turn.

His party members will shout it is our turn.

Then beggines the looting and sharring of the countrys capital For personal use. And nobody will ever looks the way of developing our nation.

This is the madness we are suffering today.

Nigeria remains poor because we have northerners in it. This is not hate. This is fact.

Take away the north and Nigerian GDP per capita increases significantly and makes us higher middle income countries with higher Gini coefficient.

Our ranking will automatically go up on so many economic indices.

Nigeria is poor because we don't take taxing seriously

Taxing is not just a revenue generation it's a way of getting the the people interested in the affairs of runing the government

Sentiment on voting and holding political office holders would reduce

It's a simple clan based thinking.

That is the problem with Nigeria.