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Nairaland Forum / Nairaland / General / Politics / Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts (7467 Views)
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Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by iwaeda: 10:12am On Jun 17, 2021 |
In separate interviews with The PUNCH, economic experts said the rising poverty level in Nigeria would have more adverse impacts on the economy and further worsen the security challenges in the country. https://punchng.com/nigerias-rising-poverty-will-worsen-insecurity-economic-instability-experts/ 5 Likes
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Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by festacman(m): 10:23am On Jun 17, 2021 |
Naked Truth: As presently structured, Nigeria can never achieve ORGANIC economic growth and prosperity. How it Started: Well, in fairness, the country was on that road in the 1960s when regions harnessed their economic potentials in line with principle of comparative advantage. How it went: Unfortunately, crude oil happened and Nigeria became 'artificially' rich overnight. Then, the military entry into politics happened and regions were balkanised into states with a Federal Government that is far-away from grassroots assuming unnecessary responsibilities. Things were turned upside down. Regional economic roadmaps were abandoned and hitherto prosperous people became poor as military rulers and then politicians competed to loot oil earnings while our infrastructure decayed and diversification of the economy neglected. The Result: Now, the country has gone full circle and has become poor. Fortunately, we still have numerous money-yielding untapped mineral resources, 'overdose' of agricultural land, enviable marine resources, intelligent human capital and massive internal market due to our population. Way forward: Restructure! Restructure!! Restructure!!! The National Assembly should study how Switzerland and Canada are structured, adapt in line with local realities. To manage shocks and frictions that would arise, PHASE the restructuring with clear TIMELINES. Unleash the massive economic potentials in geopolitical zones and watch NIgeria prosper and become world economic power. 56 Likes 6 Shares |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by EKONGKING: 10:23am On Jun 17, 2021 |
Ok |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by NwaNimo1(m): 10:24am On Jun 17, 2021 |
10 Likes |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by iwaeda: 10:39am On Jun 17, 2021 |
Nigeria has never been this stable and safe! Kudos to Buhari and deluded followers. God bless Nigeria. 11 Likes |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by Nkitara: 11:42am On Jun 17, 2021 |
High time those kidnappers leave the common man alone struggling to survive and face our politicians and their kids and wives. We don't mind you guys killing them and cutting them to pieces. We have plenty of RIPs to go around. 21 Likes |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by ArewaNightmare: 12:03pm On Jun 17, 2021 |
this paid agents are being economical with the truth, what is WILL WORSEN INSECURITY? when it's glaring that it's Fuelling insecurities already 16 Likes
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Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by Elock1: 12:03pm On Jun 17, 2021 |
Jesus, Nigeria Don dy finally turn Somalia Who send me come here oh |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by Justinlean02(m): 12:03pm On Jun 17, 2021 |
Okay we're already aware and most prepped... If you've not found a way to leverage crypto while here in Naija, you're the one been talked about see my signature though 5 Likes |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by Godchosen001: 12:04pm On Jun 17, 2021 |
Yam is now expensive than Imported rice Las las everybody go get sense by force 1 Like 1 Share |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by Nobody: 12:04pm On Jun 17, 2021 |
we all know that.. may God help us all |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by Hezmatosky: 12:05pm On Jun 17, 2021 |
I thought we have Nigerian world economic minister, what's she doing there sef |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by Damianisa(f): 12:06pm On Jun 17, 2021 |
It is well Buhari has failed us 1 Like |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by Kuginzi: 12:06pm On Jun 17, 2021 |
May God help us |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by Thinktwicemybro: 12:06pm On Jun 17, 2021 |
Have not even make comments they are liking it? 1 Like 1 Share
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Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by foeedaba: 12:06pm On Jun 17, 2021 |
To be forewarned is to be forearm. Nigerians brace yourself and prepare for the difficult times ahead. The current government that thinks banning Cryptocurrency and Twitter is the way to fight insecurity, doesn't have a clue about solving the problem of insecurity in the country. 8 Likes |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by Paragon311(m): 12:06pm On Jun 17, 2021 |
Let the government not address the increase in poverty now When everyone can't move around again because chunk of people can't afford to eat a meal and end up waylaying people daily |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by Nobody: 12:07pm On Jun 17, 2021 |
When we have dumbo's ruling nigeria. What more do you expect. It's sad nigerians excel more in foreign countries than their homeland. 6 Likes |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by OmoManU: 12:07pm On Jun 17, 2021 |
Those yeye experts whom are always only prophets of doom Are they not the one been advising those politicians since time immemorial, where are we today for it? Simply the system we're running is simply counter productive, it needs to be changed Either we restructure or they let everybody goes their own separate ways 1 Like |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by Coldie(m): 12:07pm On Jun 17, 2021 |
In reasonable countries when they see this kind of news they will try and prevent or stop it. In Nigeria they will deny it, go underground and build more prisons for citizen's that are hungry. And some people Will support them 2 Likes |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by money121(m): 12:07pm On Jun 17, 2021 |
Ok |
Re: Nigeria’s Rising Poverty Will Worsen Insecurity, Economic Instability – Experts by Xcelinteriors(f): 12:08pm On Jun 17, 2021 |
Very true |
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