Recently, I have come to realize the power of the social media and the change it can effect. I think we the next generation leaders of this country need to have a say in the type of future we would inherit and pass to our children.

May be we havent realized the problem. Permit me to restate the underlying problem.

Problem?
Irrespective of recent news in the federal reserves...the Nigerian Economy is too unstable...to say the least, and the Market, particularly foreign investors, dont like unpredictability.

The federal government and the CLUELESS, Senate and HoR... Are not chunning out good economic policies and regulations that encourages investments. The Naira is on a free-fall and I dont even believe all this tabloid news on increasing federal reserves.

Most of our graduates are unemployable as we know next to nothing about how businesses can run and stay competitive in the highly advanced modern world.

Lack of a stable electricity and security makes it difficult and expensive for companies to run effectively and maintain cashflow.

Crux?
I am not an economist neither am a business analyst; I am only a law student. Still, I know that no economy will grow, and indeed neither will foreign companies be attracted, to a society where

1.There is no sound regulatory system to regulate the formulation and running of businesses: even Barbing Saloon, food sellers, drug sellers etc should be regulated. They have to meet international hygeine standards if our country will ever grow.

2. Where there is no good/fair Judicial system to ensure parties get adequate redresses in cases of breach or contractual disputes

3. Where the pool of talents to hire is minimal due to the porous and jack of all trade system adopted by our education policy makers

What to do?
Many things are wrong with the country... But first... I think we need to look inward and suggest to the government or parliament what bills or ideas we think they can legislate on to improve our various business and the economy.

Personally;
I think they should overhaul our electoral system. Its high time we increase threshold for parliamentary positions to Degree holders and a minimum of 10 years experience of working professionally.

The earlier the better. No nation can be better than the laws and policies it implements.


Hopefully, someone in the government will be reading this and who knows...they might get one or two ideas from us.

Thanks,
Psalm.