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Best Answer Wins 100k - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsBest Answer Wins 100k (1976 Views)

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Best Answer Wins 100k by eejo(op): 12:32pm On Jan 20
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
Re: Best Answer Wins 100k by Samueltemi337(m): 12:35pm On Jan 20
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
The combination of economic instability, poor governance, insecurities and poor decision making could lead to severe financial hardship for many Nigerians.

Insecurities sir Eejo
Insecurities that's the major problem
Re: Best Answer Wins 100k by Mabuggi88: 12:40pm On Jan 20
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
Corruption, bad policies and Bureaucracy:
Red tapism, changing policies, and corruption add layers of cost and complexity, creating an unpredictable environment.

Another factor is Economic Instability: High inflation, fluctuating exchange rates (forex volatility), and difficulties accessing capital hinder growth and increase operational expenses.
The above will lead to loss of Productivity, Insecurity and infrastructural failures which will directly interrupt work and developments which would eventually lead to humanitarian crisis if not being checkmated now.

Bring my money, no answer will surpass mine.
Re: Best Answer Wins 100k by Powerbandooo: 12:42pm On Jan 20
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
You and your stupid hundred k,
Re: Best Answer Wins 100k by WhiteIverson:
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
No Medical Insurances, so we can't pay for Healthcare which in turn reduces life expectancy. Nigeria has no emergency system and poor Healthcare. If bandits and criminals attack you, no emergency number to call for rescue. If your House is on fire, no fire service coverage in some parts of the country, if you are involve in road traffic accident, no ambulance will be ready to transport you to the hospital, if your heart stop working suddenly, no ambulance will be available to save you. No jobs, high unemployment, kids out of school.
Government policies stifling business growth. High debt, high taxes and low economic growth. Medical treatment is too expensive,drugs are too expensive. There's high inflation. Worsening insecurity.
Also Nigeria is divided along religion and tribal lines which can lead to war. Hospitals are expensive with no resources, massive unemployment and food unaffordable for the common Man. Security forces are trying their best but not enough resources to combat crime. NIGERIANS ARE IN ECONOMIC HELL
Re: Best Answer Wins 100k by MasterJayJay: 12:45pm On Jan 20
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
Naira devaluation, inflation as a result of bad government policies will start the crisis.
Re: Best Answer Wins 100k by Ttalk: 12:54pm On Jan 20
Mabuggi88:
Corruption, bad policies and Bureaucracy:
Red tapism, changing policies, and corruption add layers of cost and complexity, creating an unpredictable environment.

Another factor is Economic Instability: High inflation, fluctuating exchange rates (forex volatility), and difficulties accessing capital hinder growth and increase operational expenses.
The above will lead to loss of Productivity, Insecurity and infrastructural failures which will directly interrupt work and developments which would eventually lead to humanitarian crisis if not being checkmated now.

Bring my money, no answer will surpass mine.
Na this type of person dey collect extra sheet for exam and still end up scoring 27%
Re: Best Answer Wins 100k by typingmaster: 12:57pm On Jan 20
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
Insecurity Is Destroying Economic Foundations

Types of insecurity:

Banditry

Kidnapping

Terrorism

Farmer–herder crisis


Effects on money and business:

Investors avoid risky areas

Businesses shut down

Transport of goods becomes expensive



Jobless Youth Bulge = Social Time Bomb

Nigeria’s population may exceed 400 million by 2050.

Millions of youths entering job market yearly
A large, angry, hungry youth population is historically linked to civil unrest and wars.



Debt, Inflation, and Weak Currency Will Wipe Out Savings

What this means for ordinary Nigerians:

Naira losing value

Savings becoming worthless

Cost of living rising faster than income


For businesses: Imported raw materials become unaffordable

Loans become harder to repay

Many SMEs may collapse


-Healthcare and Education Systems Are Failing

Underfunded hospitals

Brain drain of doctors and nurses


Millions of out-of-school children


Funds meant for development are stolen


-Lack of long-term planning
Re: Best Answer Wins 100k by DeloitteNG: 1:01pm On Jan 20
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
Eejo it's like this
imagine you're selling goods at the market, and suddenly, nobody has money to buy them . That's what's happening with our economy. We're relying too much on oil, and when oil prices drop, the whole country feels it . Add to that, we have a growing population with not enough jobs, and inflation making everything expensive . Insecurity is like the icing on the cake Boko Haram, bandits, kidnappings... people aren't even safe to farm or do business. If we don't fix this, things will get worse, and many will lose their businesses, houses, and maybe even lives. It's like we're sitting on a time bomb, and the fuse is burning.
It's getting messy. When people can't eat, they turn wild. Joblessness, hunger, insecurity... it's like the perfect storm. Neighbours start turning against each other, crimes go up, and trust goes down. It's a vicious cycle. If we don't find a way out, things will get really ugly.
What are we even saying
People are already losing their lives and properties
May God help us Eejo
Re: Best Answer Wins 100k by Mabuggi88: 1:04pm On Jan 20
Ttalk:
Na this type of person dey collect extra sheet for exam and still end up scoring 27%
That's if you're the lecturer. Your type of lecturer are those I too know lecturers that knows nothing apart from looking at textbooks while teaching
Re: Best Answer Wins 100k by CHIEFCHICKEN: 1:08pm On Jan 20
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
Social welfare should be the paramount concern of any government. Humans first before development.

But in a case where too much economic risks fueled by high inflation, currency devaluation overwhelmed good government programs, there is bound to be loss of businesss and monies leading to poverty over the years.

It might not be obvious immediately, but there will be obvious signs.
When a house is breaking down, the cracks are always obvious
Re: Best Answer Wins 100k by JAOS(m): 1:19pm On Jan 20
With 10M+ out-of-school children (the world's highest, per UNICEF) and a literacy rate under 70%, Nigeria's youth (60% of population) lack skills for a modern economy. Unemployment is already 33% for youth, fueling crime and radicalization. Over 25 years, this "youth bulge" without jobs could spark more violence (e.g., expanding banditry), destroying businesses and homes in affected areas. Economic losses mount as innovation stalls, and lives are at risk from desperation-driven activities like joining insurgencies.
Re: Best Answer Wins 100k by doncartel: 1:23pm On Jan 20
Nigeria will be very prosperous in 25 years time, in fact, with a gdp of about $4 trillion.

Because the high caliber intellectuals that will take over the country in the 2030s are already warming up at Harvard and Oxford.
Re: Best Answer Wins 100k by detopea1: 1:28pm On Jan 20
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
Many Nigerians risk losing their money, businesses, homes, and even their lives over the next 25 years because several powerful crises are converging at the same time.

First is climate change combined with poor urban planning. Flooding, erosion, and desertification are already destroying communities. Coastal areas and riverine states face repeated floods, while northern farmlands are turning to desert. With weak drainage systems and no serious resettlement plans, millions may become internally displaced, losing homes and livelihoods.

Second is the collapse of agriculture and rising food insecurity. Insecurity keeps farmers away from their land, climate change reduces yields, and high costs of inputs make farming unprofitable. This leads to food shortages, higher prices, hunger, and malnutrition, especially among children, which fuels crime and social unrest.

Third is widespread insecurity, including banditry, kidnapping, terrorism, and communal conflicts. These make transportation risky, shut down businesses, discourage investment, and destroy local economies, trapping communities in poverty.

Fourth is the youth unemployment crisis. Nigeria’s rapidly growing population is producing millions of job seekers yearly, but the economy is not creating enough jobs. Large numbers of frustrated, idle youths increase the risk of crime, violence, and political instability.

Fifth is economic instability. Inflation and a weak naira are eroding savings and profits. Many small businesses collapse under rising costs and debt, pushing more families into poverty.

Finally, weak institutions and corruption worsen every problem. Funds for development and disaster response are often misused, infrastructure is neglected, and laws are poorly enforced. This means crises are not prevented and victims are not properly supported.

Because Nigeria combines climate risks, food insecurity, conflict, rapid population growth, and weak governance at once, the country faces the danger of an unprecedented humanitarian crisis unless urgent reforms and long-term planning are implemented.
Re: Best Answer Wins 100k by Sirmwill: 1:32pm On Jan 20
It's Greed that has led to a failed healthcare system and affected other sectors.But the daily crippling healthcare system is the most worrisome.

Political leaders, popular social media influencers and probably Human rights activists are all doing everything they are doing for securing their future and that of their children with no intention of solving Nigeria's problems .Nigeria has a very high poverty rate, high number of school children dropouts high rate of unemployment ,bad roads,corrupted system of checking substandard drugs ,the insecurity,etc

All of these bring a higher need for a good healthcare system which is a very major necessity for all Humans survival. But, a large majority of Nigerians cannot afford good healthcare.
Even in the situation of insecurity,a great provision of healthcare can save lives

So
For something that would take lives which would lead to loss of businesses and homes and lead to a humanitarian crisis in a country,for as long as 25years,It would mostly be as a result of a major deficit in the healthcare system of that country
Re: Best Answer Wins 100k by Lanretoye(m): 1:58pm On Jan 20
People rushing to answer a dumb question don’t even have money,houses,businesses to lose already.they are already in serious humanitarian crises cos they can’t think of how to make money but can think of how to get money someone else worked for,they want free money
Re: Best Answer Wins 100k by Gucciboy:
Lanretoye:
People rushing to answer a dumb question don’t even have money,houses,businesses to lose already.they are already in serious humanitarian crises cos they can’t think of how to make money but can think of how to get money someone else worked for,they want free money
God have mercy on us; Amen 🙏🙏🙏
Re: Best Answer Wins 100k by Yemike(m): 2:07pm On Jan 20
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
Poor Economic Policies
Many Nigerians are feeding from hand to mouth with little to no savings. The Advent of new tax policies will eat deep into the income of the citizens and the ever high cost of living will ensure basic amenities are beyond the reach of the common man.

Insecurity
With the recurrent case of insecurity and how we're allowing external forces like America to interfere, Nigeria could become a war torn state like Syria and Iraq which can lead to loss of homes and businesses. Nothing thrives on a war torn zone except weapons.

Continuous widening of the gap between the upper class and the lower class.
In Nigeria today, the term middle class is almost in extinction. It's either you're with the political class and rich or with the lower class and poor.
The upper class take everything for themselves greedily leaving the lower class to scramble for the crumbs falling from their table.

Nigeria citizens are mostly fed up, just a few people believe in the project Nigeria and her resurgence. In a situation like this, growth and development will be slow. Most are courting her just for what they'll get.

God bless Nigeria 🙏
Re: Best Answer Wins 100k by Gucciboy: 2:26pm On Jan 20
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
I'm seeing a lot of chatgpt answers so l will simply say bad Governance will leads to insecurity,bad economic policies, inflation and corruption and on the part of the citizens, humanly speaking l would say Greediness , desperation,lack of financial education and bad decision making.
Re: Best Answer Wins 100k by always247:
Rampant terrorism, banditry, and kidnappings are making vast areas of the country ungovernable and unproductive, displacing millions and destroying livelihoods.
Also severe debt crisis, currency devaluation (naira freefall), and high inflation are eroding savings, collapsing businesses, and making basic necessities unaffordable.
Systemic corruption, weak institutions, and poor policy responses are preventing solutions, allowing the security and economic crises to feed off each other.
these creates a vicious cycle where violence stifles the economy, poverty fuels more instability, and state capacity collapses, potentially leading to widespread famine, displacement, and loss of life on an unprecedented scale.
Re: Best Answer Wins 100k by Samueltemi337(m): 7:45am On Jan 21
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
The thread is back up sir Eejo
Re: Best Answer Wins 100k by segaloo(f):
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
] because of excessive unnecessary tax
Re: Best Answer Wins 100k by helinues: 7:54am On Jan 21
Why should you wish doomed things to your fellow Nigerians

Is this still politics or pure inborn hatred.

Abeg make una stop this nonsense jare
Re: Best Answer Wins 100k by helinues: 7:56am On Jan 21
Powerbandooo:
You and your stupid hundred k,
That's how they have been using money to oppress others with their senseless questions.

Just imagine question wishing potential evil for the country.

The bitter souls dem
Re: Best Answer Wins 100k by helinues: 7:57am On Jan 21
Lanretoye:
People rushing to answer a dumb question don’t even have money,houses,businesses to lose already.they are already in serious humanitarian crises cos they can’t think of how to make money but can think of how to get money someone else worked for,they want free money
I don't understand why politics should be making some people to be sounding as if they are not educated at all. Should anyone respond to this senseless question?
Re: Best Answer Wins 100k by Ezeeboiy: 7:57am On Jan 21
always247:
at the end na useless answer the guy will choose and we will have nothing to do about it because we are broke.
I dont wanna waste my time answering this question. the question is even poorly constructed.
eejo are you God?
who tell you that will happen to Nigerian in 25 years?
what if what you predict didnt happen?
the only answer to this prediction of yours is lack of planning but you will say its not because its your money.
if you truly wanna help people you will divide that 100k into 5 and give to 5 people
i love this may God bless you for this wonderful write up.

Mr eejo are you God? What's this kind of poor nonsensical question is this?

Mr eejo if u wanna help just help for God sake just select 10 people randomly is better.
Re: Best Answer Wins 100k by SunShowAfrica: 8:01am On Jan 21
Powerbandooo:
You and your stupid hundred k,
Welldone sandralight or you think I don't know its you
Re: Best Answer Wins 100k by Ezeeboiy: 8:01am On Jan 21
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
I won't even bother to answer this stuupiid poorly constructed questions. If you want to help just help
Re: Best Answer Wins 100k by FriendsAndFans(m): 11:07am On Jan 21
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
With the current tragectory, Nigerians might lose their money or gain more money since that's business. But it can't result to humanitarian crisis so far there isn't no major armed conflict.

Only prolonged conflicts lead to worse humanitarian crisis. If we can win all armed conflicts the economy will progress gradually and businesses will thrive if the security is standard.
But if the security is poor, then it could lead to serious challenges apart from lose of Money, houses and peace.
Re: Best Answer Wins 100k by Samueltemi337(m): 11:10am On Jan 21
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
Because Majority of our political leaders, Activist and social media influencers are using Nigerians for money and fame with no intention of solving our problems
Re: Best Answer Wins 100k by Nobody: 11:37am On Jan 21
eejo:
Explain Why many Nigerians are going to lose their money. Business, Houses and lives which will escalate into the worst Humanitarian crisis in the History of mankind over the next 25 years.
Nigeria's facing a severe humanitarian crisis, with multiple factors contributing to the situation. Insecurity is a major concern, with armed groups carrying out attacks. Armed groups are terrorizing communities, with attacks on churches and villages, resulting in hundreds of abductions and displacement.

Rising inflation, unemployment, and poverty are exacerbating the crisis, with many Nigerians struggling to access basic necessities like food and healthcare. Environmental degradation and climate-related disasters are displacing communities and straining resources. Over 2 million internally displaced persons are scattered across the country, with many living in camps or host communities.

Nigerians are facing severe food shortages, with millions at risk of hunger and malnutrition. The situation is dire, and addressing these issues will require a comprehensive and sustained effort from the government and international community.
Re: Best Answer Wins 100k by PlutoPJ: 12:02pm On Jan 21
Economically, the country faces a wealth wipeout. Chronic inflation and currency devaluation are eroding the savings of the middle class, while high interest rates stifle small businesses. Without rapid industrialization, the projected population of 400 million by 2050 will face a massive job deficit, leading to extreme poverty and potential civil unrest.

Environmentally, many will lose their homes to climate-driven disasters. Rising sea levels threaten to submerge parts of Lagos, the nation's economic heart, while desertification in the North destroys grazing lands. This creates "climate refugees" who migrate south, intensifying resource conflicts over water and food.

If the agricultural sector fails to adapt to these shifts, food insecurity could reach unprecedented levels. This combination of an aging infrastructure, an over-reliance on a declining oil market, and a doubling population creates a scenario where the competition for survival could trigger a crisis of global proportions.
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