NIGERIA’S POLITICAL, ECONOMIC AND SOCIAL DETERIORATION: WHERE IS THE MISSING LINK?
BY
ABBATI BAKO
Since the return to the democratic rule in 1999, Nigeria’s condition have been in tatters. Be it economy, political and social standard, things have not only been unfair; but the nation seems to be drifting into unknown destination. When you look at the faces of Nigerians the visible reflection and result is accumulated anger and living in a difficult condition in both urban and rural areas. Economy is biting hard and Covid-19 is melting the economic interplay among the nation’s citizens and regions and the poor is experiencing untold hardship.
Insecurity an generally stagflation, unemployment, inflation and individual economic aridity are there visibly on the ground. Also, educational system has been in taters and the infrastructures are dilapidated in all over Nigeria. Experts tells us that democracy is a system that if properly practice the problems of a nation will be solved gradually within shortest possible time. One may ask; is the current democratic practice in Nigeria solving the problems of a poor man? The answer remain for the reader to think and decide on the right answer as par as he is concerned.
We have seen this happen in many countries around the world. The example of Brazil as a nation is a food for thought to any right thinking Nigerian. Brazil is now the sixth largest economy a head of Britain. The political system, economic and social standard has been under control for the past years in Brazil. They have more than $250b reserve in different financial institutions across the globe. Their dependency on oil is less than 10% and much of their economic dependency has been 74 on agriculture. They are moving very fast in scientific and technological advancements. They have 114,000mgw electricity energy compared to Nigeria with less than 4000mgw. Although they have their own political, economic and social problems; but not as much as Nigeria. Nigeria’s economic system is not reflecting positively on Nigerians. Nigeria’s political system has been in tatters. And the social living has been very difficult to the large majority of citizens. Experts asserted (since 2006 research) that 80% of Nigeria’s wealth belongs to only 1% of the population and the remaining 20% goes to 99% of the population. Where is the missing link?
May God save Nigeria and Nigerians.