18 January, 2016

Wanted :A Visionary Leader

     It is a pity That Nigerians are still living on past glories. A nation that is a mono economy, whose main export is commanding a low price in the international market can I'll afford to live the way we are right now. People are going about as if it is business as usual. Looking round, one can see no sign of the sad turn of the economy in the everyday lives of our functionaries The National Assembly is carrying on as if all is well. At the last count oil per barrel is less than $ 30. Our naira is in a free fall at more than N300 to the dollar. It's southwards journey continues unabated. With this reality nonetheless , the Nass is planning on buy posh foreign made cars with money from the national coffers. With Nigeria's foreign reserve at a meager $29bn the planned purchases is one the nation can ill afford. Comparing this amount with close to $3bn James Cameron's film 'Avatar' grossed worldwide will give a scale of what the nation can make in other sectors when we really put our back to it.
 Opportunities however abound within the nation. Wither the groundnut pyramids, the textile industry, the real sector of the economy? Nigeria has no foundry industry to boast of. Since when was something invented in the country? The environment where excellence can breed is lacking. With a teeming population Nigeria should be coasting economically. However, this sorry pass we have gotten ourselves into was of our own making. Our so called leaders have failed us woefully. They've been superlatively lacking in vision and foresight. What you sow that you'll reap. This is an eternal truism. As a new oil producing nation Gen. Gowan, the then Head of State was said to have said money is not Nigeria's problem but how to spend it. What an unfortunate utterance as as at then a lot of towns and villages were still without roads, electricity, potable water, modern rail system etc, etc. This present parlous condition we find ourselves had been set in motion a long time ago. Where nations like the Emiratis where looking forward to a time when oil will lose it's shine, Nigeria was busy eating it's future. Those countries have diversified their economy to the extent that when you talk of those nations you don't think of oil but tourism, financial services and other allied activities.
  The earlier Nigeria invests in agriculture the better for everyone. I humbly believed that without the curse of oil Nigeria would have ranked high in the comity of nations. Where did the groundnut pyramids go, our cocoa, coffee. Our palmtrees? With our teeming population and our land and climate there is no reason why we should be feeding Africa, nay, the world. 

5 comments:

Unknown said...

Nice piece

Unknown said...

Nice piece

Lakeside said...

Enter your comment...paralysis
Of
Potentials !

Lakeside said...
This comment has been removed by a blog administrator.
Lakeside said...

Enter your comment...paralysis
Of
Potentials !