A few weeks ago, I asked myself a crucial question: Why are we in this precarious situation? To be candid, both our leaders and the citizens are to be blamed for this mess.
Let me pose a question: Why is our economy in a comatose state? To answer this question, let's take a trip down memory lane. Between 1950 and 1963, the country was divided into four regions: the Western Region, the Mid-Western Region , the Eastern Region, and the Northern Region. Each region was governed by a premier elected by the electorate. All regions developed at their own pace, fostering healthy rivalry. During that period, agriculture was the backbone of our economy.
Another major factor impeding our economic growth is the issue of erratic power supply. Over the years, we have been grappling with electricity problems, with no solution in sight. In South Africa, for instance, the country generates 60,000 megawatts of electricity, while Nigeria is still struggling to produce 5,000 megawatts. The federal government should declare a state of emergency in the energy sector. Lastly, insecurity is another challenge.