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February 28, 2023, 08:47:37 PM |
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Please I want to know if Nigeria is a rich or poor country, why am asking this is that the rate the government borrow money and funds the nation, the natural resources we have in the nation the leaders can not manage the economy of the nation without borrowing from other country like China, the dept index in Nigeria is very high why do we have to borrow funds in this country while we have all the natural resources, example natural crude oil,minerals, gold,iron,coco,palm, etc.i came to understand that Nigeria is a consuming nation not a productive nation no refinery is working, many country don't have as many natural resources I have mentioned but doing better than Nigeria look at united Arab Emirates country where thy don't have sea but a business center in Africa, Nigeria is under develope in all areas, such as roads, electricity, health care, education,production, human capacity development, fuel scarcity,naira scarcity, insecurity, etc, let's stop borrowing an be efficient if it is the policy or federal system of government that is the problems let change the system of government and bring in policy that will help the nation please I need your opinion.
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