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When the economy of a country has fallen, the economic situation of the country is against the wish of the citizens, leading to so many anomalies in the country. Fallen economy can lead to economic instability causing hardship in the country, it can lead the citizens to engage into committing series of crime as a way out for survival.
So what can you say concerning this fallen economy, is it caused by the citizens or the government?

I think I have seen a post like this recently.

If you are referring to Nigeria, right now I can say that the economy is not falling. When it was falling and things were not going as planned, I am one of the Nigerians on this forum that was posting about it on this local board. But right now, the economy is not falling. If the government gets it right, I think we would see economy growth or development.

 Bro our Nigerian economy has not fallen When you say something has fallen it means Nigeria has turned to a nation of war and chaos. The thing is this for years now we have relied on the government solely thinking that they would change our economy, but as time goes on we the citizens are beginning to figure out that the government isn't reliable .The era Nigeria is in is a time to work hard to survive, but there is still no work.
It's certain that the government has the responsibility to create a sustainable economy in Nigeria but there is too much corruption. It is our role as citizens to also contribute when it comes to farm products and any other thing that will help us grow individually, but still some people are drawn to desperation and it has led some to participate in criminal acts like scams and many more. For me There is still hope for Nigeria, and when there is hope there is life. We are still alive so I don't see a reason why we should just conclude that the economy has fallen.

Who are in charge of the economy running's and it decision making, aren't the government? yet they have continuously failed us in their attempts towards having a suitable economy running for the benefits of the people and the continuous development of the country, they have failed in many ways to allow for equal opportunities, economy development and strategic planning to aid the productivities of the country and grow in commercial activities.

They are busy running after their own pocket instead of the national interest, which is not what they are called for, while as individuals, we should learn  not to rely on government and be independent on our own being sustainable enough in running our personal economy by what we do and earn from it, without waiting on the government.

I guess you mean when an economy is not progressing but rather retrogressing or you mean also recession but whichever way it is view, so long it concerns the economy, it is in the jurisdiction of the government and not the people. The duty that the people owe to the government is to obey and to obey means to obey all the policies of the government. So it is the few who are at the helm of affairs to lead the people that will be responsible to bear the brunt of their policies. Both incumbent or successive government will take blame or glory.

So regards to Nigerian economy, there are speculation that it is growing from WTO ( World Trade Organization) but whether this is true or not is seen in the physical realities of the standard of living in Nigeria. For me I believe it is political to allude such because we know that if the economy will not be said to have fallen but it is hardly making progress with the high cost of living, attendant effect of high cost of fuel pump price.

It has to do with both the government and citizens but then, the government plays a greater role in shaping the economy and controlling it..

If the government fails to employ youths, mismanages funds and resources, allows bribery and corruption can slow an Economy, and another things if having leaders who are more interested in themselves with poor leadership skills can worsen an Economy too.

Every citizen has what it takes to put a good leader out  there, and once they elect based on their emotions,bribed or vote a leader based on family, ethnicity instead of looking out for competence and someone who possesses the skills that also contribute to a fallen Economy.

Another thing is also a high patronage of foreign products  citizens that keeps patronising foreign industries and their products instead of buying from their local market hinders growth and slows down development.

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Who else if not the government. The most blame should be the government because we as citizens contribute by paying tax, unfortunate for us we don't see the benefits of paying those taxes.

Government are also in charge of controlling national resource, with billions of dollars in trade every day yet we are still rated among developing countries/under developed.

Being in power is now for personal benefits, until they are done filling their pockets for the whole tenure, nothing else matters.

I believe the blame shouldn't be for one person alone or set of people. I know for sure so many people will want to blame the leaders for bad economy but the leaders are not the only people that do contribute to bad economy situations. There are citizens that do contribute to bad economy such as those that are involved in crime etc. Although the government has major role to play when it comes to country economy since they are the one that is in charge of managing the resources of the country, so mismanagement of funds can also cause bad economy. So I believe every citizen of a country has a role to play in building a better economy.

I know citizens we be blaming the government in power and people's in sensitive positions in the society for not doing what is expected of them, yes they are very correct but for how long are we  going to  be waiting for them to do what they would have done long time ago, isn't it obvious that our leaders doesn’t care about us anymore? all they are after is their pocket and  their selfish interests, they don't give a dame about anybody.

Therefore, we all should take the bull by the horn, let's work it out our self, developing our craft, thinking out of the box, perhaps when those in power has noticed their presence is no longer relevant to the masses they would have no choice but do what is expected of them.

How can the citizens be the cause for bad economy? Are the citizens in control of economy? The government responsible for economy,  if the economy is not improving the goverment are to be blamed because they are incharge of the country's resources,  they are in charge of the country's investment.

The government have the power to improve economy,  they also have the power to destroy the economy , that is why when their are bad leaders controlling the government it normally affects the country so badly. 

The only way the citizens can be responsible for falling economy,  is when the citizens choose t support a bad leader thst is incompetent to build the economy,  then at this point the citizens are also to be blamed too.

I think if we’re talking about the fallen economy of Nigeria there are so many factors that we can actually consider in this situation, Most especially the Government are the once responsible for growing economy, that is why we have ministries that are responsible for helping an economy of a country to grow, just like we have said, mostly in the world right now we would observe that inflation is mostly everywhere in the world and not just only Nigeria, A country’s president should be the one implementing some policies, and also working with his teams to grow the Economy, we might literally not be possible to know that we as a citizens own ourselves that much responsibility to also help grow the economy, by trying to start and venture into some businesses that we can also employ some people and try creating some job opportunities that is if we have a capital intensive opportunity which can also very much help the economy to grow, but in a country where there is no job opportunity and unemployment is high then there is every tendency that we would definitely have a bad economy, where the number of working class citizens are much more than the number of unemployed citizens, then that would be a failed country.

just like you said, they both have roles and the government plays much more bigger role. If am to grade it in percentage, I would say the government has 70 while the citizens has 30. This is because the government has to set a pace for citizens to follow. If citizens must work, then the government has to create work. If they must be creative, the government has to create an enabling grounf that will support and allow creative minds to establish. If they also has to be law abiding citizens, the government also has to first make laws and ensure they laws are been carried out and offendees punished accordingly.

A corrupt system breeads a corrupt society and practice which involves citizens. Take for instance a country like ours, Nigeria, so many technicians, skills and knowledge to execute, but some of these youths do not have accessibility or enabling ground to excel. This makes them run to countries where there is an already existing enabling environment and establish there. In all, I strongly believe that the government to a large extent is responsible for a fallen economy. If the government sets everything running, it will promote a workable environment for citizens and will help to grow the economy and vice versa.

The majority of the blame has to fall on the government because they control the economy. Both me and you are just citizens who live by their own means. We don't even understand how finances are run in the country, what funds are truly allocated for said projects and if truly.such funds are expended in the right direction. In the US and other developed countries performance of government officials are calculated on the basis of KPIs here there's nothing like that. Your performance or eligibility to remain within the coffers of the government lies heavily in your connection within the system. So you find situations where people pay more attention to connections instead of results and accountability

The reason behind the collapse of a country's economy is corruption and lack of proper management of the state. Also, due to the lack of proper implementation of the potential income sectors of the country it lags far behind in terms of foreign tourists and foreign loans, as a result of which the country's economy tends to decline instead of rising. If the country's education system cannot produce good quality skilled manpower then the educated and skilled people of that country leave the country resulting in a shortage of educated and skilled people in that country.

The main responsibility behind the collapse of a country's economy lies with the government of that country because they cannot properly evaluate educated and skilled people. As a result those people go abroad instead of cooperating with the government.

Normally me and you know say na the government policy and the civilians na be the cause of bad economy abi nah fallen economy I go call am.
If government set tough policy for the country the only thing e go cause na broken economy and me and you also know say na only those people way dey profit from bad economy na go see am as better thing but people way e no dey favor na go see am as bad policy.
One way when the citizens take dey add to the fallen economy be be say them no dey invest for their country, them prefer to invest outside their countries, the government get their duties to play meanwhile the citizens also get their own roles to play for the country.

I am actually interested in what you have seen that suggest that the economy is not falling. so far, i can not even point at one real effort the government is taken that has made the situation of the country better, except i am not paying proper attention to core details. If you ask the average man what his life has been from last five years to the present day economic situation, the narrative they held five has back is almost same with what they hold now and likely worse than what they hold now.

The singular fact that the average person does not have an idea on what the government is doing to revamp the economy makes it really hard to assume that the economy of today is better than what it was like some couples of years back.
 

In regards to my point of view, I can boldly say that a fallen economy is literally caused by both government and the people, but in a more simplified form, I can say the government has a 60% chance to be blamed for failing to implement good policies to regulate prices of things, create jobs and make the nation productive, so as to not rely only on imports items, but also have what to export also, to make the economy stable. While secondly, I will also blame the citizens for keeping quiet or literally supporting bad government who creates the hardship affecting the general citizens. Because of both government and the people could collective fight a failed economy, such economy stand a greater chance of progressing.

When talking about a country's economy,  the government are in charge of its progress and failure. So it's definitely the government fault for any fallen or failed economy.  The government are the once responsible to put the right policies and economic strategies to improve a nation's economy,  if this thing are not gotten right by the government,  such nation is going to experience economy failure and thar the fault of the government.  An ordinary citizen has no power to put this things in place.

The "economy is not falling" and you went ahead to also say " if the government gets it right, we would see economy" isn't this contradictory?

When the cost of a passport surpasses the average minimum wage, it indicates a failing economy.

A country whose N20, N50, and N100 notes have lost their value due to inflation shows that the country is in a shambles. The list is endless

Federal government is winning the war against economy downtown and high inflation and bear recession economic crisis that this president inherited from the previous Buhari led administration, recently that read that federal government to stop borrowing from next your 2026 early date, this is a good sign as we also aware of the holding of all government internal borrowings since few months now, I believe the federal government is getting it right now, exchange rate have improved and naira gains more value against it trading piers on stock market.

My post simply means that the economy right now is not bad as it was before, if the government gets it right as the way they are doing now, we might experience economic growth and development. There is nothing contradictory about that. I am watching everything closely.

Inflation in Nigeria right now has significantly decreased. I hope it will not change back to previous time. Naira is also appreciating in value. I will not be surprised if it appreciates further to next year.

International passport? How much was it in 2018 when minimum wage was ₦18000? What should we expect when many people want to japa?

We have discussed about all these before, but right now the not the right time to discussed about it again. Rapid deflation and even deflation also has side effects on economic. If you do not believe me, you can read about it. What we need is a stable economy.

What is your source so I can look at it properly, I'm into buying and selling and price of goods hasn't gone stable for more than 1 week since last year. Most of the things in Nigeria are not longer subsidized by this current administration, from petroleum products to healthcare so what have they done with the money ? Borrowed more than Late Buhari did in 8 years, so are we progressing as a country when everything is being borrowed for?

I supported this Govemment and my expectations were high but I haven't seen any good framework to economy recovery.


18k in 2018 is worth more than 70k today - rice was N6,500, today rice is 75-90k worth more than our minimum wage so where is the value? Nigeria do not even Japa reach the Asians so this is not an excuse.

The Govemment official passports are free, the citizens passport is 100k/2000k. Minimum wage is 70k.

Nobody is happy with this government. But at least it was not like 2023 and 2024 which was full of naira devaluation and inflation. What I noticed now is that food price is better. Naira exchange rate is better. About the price of goods, especially the foreign goods, the inflation is not like before, but I am surprised that despite that there is fall in dollar price, they still remain kind of stable. We should not expect the prices to fall significantly because it is also not good for the economy. We all know how the country was not good at all in 2023 and 2024 but 2025 things are getting better. I am also buying things which I am using for the evaluation.

Rice has risen to 120000 naira in 2024. Almost all of them are having 2024 prices now. I do not mind that if they can remain at certain range for a long period of time than further increase. Although, beans price dropped significantly.

Which one is citizen's passport? Are you referring to international passport? What I know as citizens passport is the national passport and it is not expensive.

The government plays a major role in the improvement and deterioration of the economic situation, but there is no chance of hiding the actions of the common people by blaming the government alone. Both the government and the people of that country have to work for the economic development of the country. The common people cannot change anything if they want, but if the government is honest, then many things are possible. If the government does not commit corruption, then progress is possible. In most cases, it is seen that those who are in the government, because of their own interests, they undermine the interests of the people. They destroy government resources for their own needs. Due to which corruption increases and the economy collapses.

You see. I agree with you when you said that the government and the people of a country will have to work together to be able to change anything they want which in this case is applicable to issue of economy. But the reason why I will agree with you to a large extent is the fact that it is still a section of the people that forms the government only that these people who will call leaders have been selectively empowered by the entire people of a community, state, region or the country to serve in a position of privilege where they have access to resources and other instruments of the government that other people do not. The reason why I'm talking in this direction is to buttress on the fact that the leaders of a people are always a member of the community or country whom have been selected to lead, so it's not like the case of having a foreigner who comes to serve.

But these leaders who are regarded as government have the larger share of commitment and expectations to better the economy of the country while the ordinary people have little to do about that. The leader is in control of the state's resources both domestic or internal (often referred to as IGR) and external often known as the allocations, to steer the direction of the economy of the state there by shouldering the responsibility to better the economy of the state. It is just like the driver and the passenger scenario in a car. As much as the driver was chosen amongst yourselves, he controls the direction of the car the rest passengers have little to do when it comes to the direction of the vehicle and the same is applicable to the economy of the country.

The economy of the country needs collaboration between the government and citizens of the country. Many people blame the leaders, saying that it's the leaders that make the economy of the country rough, which is not true. I know they are leaders, and they can do their best to protect the citizens of the country, but it's not every responsibility we, the citizens, can wait for the government to do. There are certain things you, as a citizen, can do to help the government and solve them. A country can move forward together with the citizens of the country, and the government can make the country grow.

But nowadays most of our leaders today are very corrupt people; they don't want to help the administration. What they only know is their pocket; they don't know how people are suffering. They don't even remember how they came into power; they forgot the promises they made before entering power, and if they refuse to help the society, it will lead to certain things which are not expected, like unnecessary stealing and crimes. Corruption in the country can only be eliminated by empowering citizens and implementing strong legal and regulatory measures to prevent the fall of the economy in the country.

We know the government is responsible but we are also to be blamed. Cause tell me why after we pass through all this hardship and bad government, during the next election because of little bribe, ethnicity and relationships, we still go ahead and vote for this same leaders we complained about their bad government. In the future we expect the economy to be a good one. It cannot, because we are also the cause of our problems.

It high time we realize that our wrong choices will not just affect us but also affect our children in the future. Same way the government is corrupt, is same way we have allowed corruption overwhelm us and at the end we only blame the government.

The Government is also to be blamed because most citizens vote this leaders base on their words during their campaign, thinking when they come on board the economy will become better but at the end they keep breaking their promises, making we citizens suffer

Inflation was rampant in 2023 and 2024, which continued into the first few months of 2025, but the naira has been strengthening in recent months as the dollar has depreciated. This is a good situation for the economy, but it may take a few more months for the benefits to reach the common people. If inflation can be reduced further, the gap between the income and expenditure of the people of the country will be greatly reduced. If the government can properly implement the programs it has taken to restore the economy, the benefits of reducing inflation will reach every citizen.

Great topic, talking about a fallen economy which causes nothing else than hardship in a state, to me so will say citizens also take part in it, there are also responsible for a fallen state, Because when citizens decide to stay silent while facing a corrupt government, bad leadership, vote for leaders who are not even qualified, indulge in various activities like smuggling, tax evasion and the rest, it actually weakens the economic growth of the country.
So not only the government are to be blamed, cause the growth of a state also involves the citizens tho the government takes lager responsibilities, but also the citizens have their own part to play especially when they refused to abide by rules and regulations.

The religious leaders and the government are solely responsible for the fallen economy of Nigeria. The western world economy was built on honesty and hard work, the citizens were encouraged by the early preachers to be deligent at work, discouraged any form of bribery and corruption among members in their offices.

The government was to create a conducive environment where talent and innovation can strive. That's why the Western world are advancing and Nigeria and Africa is retrogressing. The insecurity in the country, human right abuse and corruption can't attract any investors into the country.  Many companies has left Nigeria to a near by country that are secure than Nigeria. Why won't the economy fall, when all the Nigerian preachers teaching in the church is prosperity and quick wealth over hardwork and honesty.  The politicians would rather give money to the church than to build factory for production because they heard the wrong message of prosperity.  The poor citizens believes if they give to God he will multiply their money , wrong message in the church has also contributed to the fall economy, People spend more time in the church than in their working places.  

A country that depends on loan can't never have a strong economy,  the government borrow to pay Salary, they borrow to fix roads it's a poor economy policy to borrow to fix roads and to pay salary. Government borrow for capital project that we generate funds to service the loan.  Nigerian government borrow to share the money.

Poor taxation, this Tinubu government tax reform is the worst in history of Nigeria, many companies has closed because of high tax policy, many can't employ again and many are dropping staffs to be able to pay the tax.  This government removed fuel subsidy without any working refinery,  the effects of the subsidy has killed so many people because of hungry. Yet the government is adding more tax.  Truly this country economy can't be redeemed by these kind of messages we preach in churches and the bad people in power today. The economy will keep falling, there is no plan for recovery.

Fallen economy can lead to so many bad things that will make people to see different things that will convince dem, that their life is in danger and d best solution is for dem to leave d country to another country to live a good life that will help dem to achieve their aim and purpose on earth, Good or bad economy government should be hold responsible for any kind of results that will come out from d economy, it's d responsibility of d government to no what to do to remove people from bad economy and place dem in good economy because that is what give government a good name anywhere in the whole world.

A falling economy of a country could be the fault of both citizens and the government but the government plays a bigger role in the play because they are the ones up front and they are the decision makers and they control every aspect of the country, in the case of Nigerian economy right now is it getting better but some of the citizens are still painting it to be bad because of their selfish reasons. Right now a lot of things are actually going down in price and they are supposed to be affordable for everyone but some of our traders are using the previous situation in the country to rob us in the name of falling economy, and the government are not doing anything about the situation so the government and the citizens are to be blamed.

Economy is managed by the leaders and a fallen economy is a product of bad leadership. Leaders apply policies and implementations that sustain the economy and when they apply bad ones the economy would likely collapse.

The citizens also contribute to the fallen economy when they elect bad leaders into political offices.

I don't think we have to blame anybody for a fallen economy, but the best people to blame are those whom have been in power before now, they are the ones who spoilt everything for the ones currently in power, and to make amends at this point in time won't be easy.
We just have to accept things the way they are now because there is nothing we can do about it. If the past leaders were good, I believe we would have had a nice economy that is moving well. Therefore, we will blame the government and the people that have had the opportunity to be in political offices without trying to improve the situation of the economy.

A corrupt government is more responsible for the decline of a country's economy. The field level officials of the administration implement the guidelines from the government on how the country's economy will improve. Cabinet members pass bills regarding the allocation of funds, but if sufficient funds are not provided from the government's revenue sources, then development is hampered. Most of the amount of money allocated in the budget is consumed by a group of profit hungry groups through corruption and as a result, citizens do not benefit from the budget allocation.

Improving the communication system of a country is the most important thing to lift the declining economy. If the government focuses more on this sector, the financial progress of rural citizens will continue and the pressure on the cities will decrease and the wheels of the country's economy will be more active. Secondly, increasing the allocation of funds for the development of education, and thirdly, providing assistance and incentives to individuals to take forward the decisions taken at the individual level for the purpose of creating employment. The government's sole effort is not enough to improve the economy of a country. The collective efforts of the country's citizens and the reduction of corruption are more important for economic development.

You are wrong, the reason why we vote them into power is for the leaders to solve the problem and not to blame the past administrations, if they keep blame game who will solve the problem? do not listen to them they are all liars, they keep blaming the past administration so the people will not hold them accountable, yet they sign huge amount of money for budget every year. And nothing to prove for it. So bro stop defending Nigerian politicians they are very bad people.

No doubt the country is a mess, created by old politicians and pastors, and till date same people are recycling and still managing the affairs of this nation directly and indirectly. There is no future with this kind sitting, but would keep holding the present leaders accountable until we get the result.

You are right. The main reason for the decline of a country's economy is its bad politics and the elected members who are elected by the citizens of that country. The economic situation continues to decline due to lack of competent leadership and not evaluating the talented people.

Blaming the citizens may not be right most of the time because the expectations with which they elect the leaders and send them to the parliament, they become corrupt and work for their own interests instead of working for the interests of the citizens.

If we continue blaming our leaders without taken actions against them,then nothing will change. The change we seek won't come from lamenting because words alone won't produce any results . Take a Look out what's happening in Nepal,the youths were tired of lamenting,they decided to take the fight to their leaders because they wanted a change in the country. If the Nigeria fail to unite as one body,take the fight to door steps of our leaders by coming out in mass numbers, corruption will continue to wax stronger . The truth is,our Nigeria leaders re scared of a United youths with one voice and accord,with a united Nigeria youth, corruption will end in this country.