2017: “Saint Buhari” and More Economic Stagnation

The trouble with Nigeria is simply and squarely a failure of leadership. There is nothing basically wrong with the Nigerian character. There is nothing wrong with the Nigerian land or climate or water or air or anything else – Chinua Achebe

In the year 2017, Nigeria’s economy is predictably going stagnate further without recourse to rescue. Maslow’s ‘hierarchy of needs’ will be mostly only fulfilled at the bottom level in the nation. The imminent threat of mass hunger will eventually overtake the ‘Nigerian genius’ of denying hunger when living with sharply decreasing calorie intake over time. Stuff higher than food and water will be harder to acquire or keep. Hopes for improving personal prosperity have never been higher but the economic, cultural and political climate has never been so decisively forbidding. Business opportunities, profits, employment, ethical credit, education, exchange rates are all facing steep decline.  It is all, sadly, a problem of leadership and the “Household of Buhari” is a big part of the problem. (more…)

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