Some Think The Hunger Gripping Nigeria Is A Great Blessing

While most Nigerians are adept at hiding and ignoring their nation’s hunger and poverty, the past year has not permitted the continuation of that habit without presenting massive allowances for exposure. The current consensus is, “there is untold hunger in Nigeria” and it is hounding over 120 million citizens (who used to live on less than $1.25 a day but it is more like less than $0.50 today) as if with sheer punitive vengeance. Starvation is becoming commonplace yet death by starvation in the land would be unthinkable to most Nigerians. Think again. The aspect of hunger most are unlikely to handle is, who is to blame? Continue reading

Loans Will Not Save Nigeria: The Hidden Costs of Borrowing

buhari begging bowl

President Muhammadu Buhari won many die-hard supporters purely because he refused to play the game of “begging bowl politics” at a time when Africa’s innumerable dictators were queuing up to take IMF / World Bank loans as global neoliberalism aggressively dictated. If Buhari had accepted the aggressively marketed neoliberal-induced loans, General Ibrahim Babangida might have never become president and Nigeria’s recent history different. Conversely, if Buhari had remained in office enduringly then with the “no loan” stance, Nigeria might be up there today with Botswana, a nation that rejected IMF / World Bank loans. However, Buhari, now a democratically elected president is actively courting loans from economic powers, the most recent being China. What happened? Egnahc? Continue reading

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