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Showing posts from December 19, 2021

Comatose Economy

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The development of infrastructure in Nigeria has over the years been unsuccessful due to the fact that the country is not an infrastructure-conscious space. In infrastructure development, the quality of the people is crucial,-initiative, prudence, ingenuity and foresight, all combined to guarantee a nation’s development. Indiscriminate taxation would definitely have negative effects on the psyche of the people and certainly not an incentive for higher productivity. A close and critical observation of the Nigerian economy exposes the inexperience, ignorance, mediocrity and docility of Those-in-Charge. The trial and error policies of government has only worsened the coma state of the economy, regardless of the injury time shuttles abroad by government officials to attract foreign investments. The Nigerian economy today, is a patient well over due for surgery.

The People's Opinion

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Government policies revolving around austerity measures, unemployment, stagnant salaries, rising prices of essentials, indiscriminate and multiple taxation among others are all reflections of the extent to which Those-in-Charge are now unpopular. Several people unfriendly policies have successfully rubbished governance. Sadly, officials of the administration have so far been unable to convincingly explain and defend the administration’s actions and policies that have brought about excruciating hardships on the people. Regardless of the poor state of the economy, Those-in-Charge have continued to borrow and spend without recourse to saving. A bad democracy is not good merely because it is a democracy; and any form of government that is not a democracy is bad, for uncontrolled power invariably corrupts those who possess it. They are not always right, but Those-in-Charge have sacrificed national interest as they see it in order to obtain a present political party advantage. The im...