It is a well know fact that we have in our confines all these resources and the potentials of a great nation, but my questions are : Why are we still where we are today?; Why is
With the growing cry for alternative fuel and the dangers of global warming, it is now common place to hear countries like the United States, the EU nations and Japan , to mention a few, exploring the possibility of ethanol, electricity and many others as alternatives. This is the clearest signal yet that countries like
This vicious cycle of economic stagnation will never be broken if we do not have a leader with the courage to review our economic development policy. In the past eight years of democracy, some positive and bold steps have been taken which have given both the Financial/Banking and the telecommunication sectors a boost. We should be careful though, by avoiding the mistakes of the past with the over-dependence these now booming sectors. Every Nigerian professional including the sociologist, Biologist, Chemist etc all now want to be employees of these sectors while their own sector suffer. Well, the bottom line for these individuals is earning a good living given the fat salaries and other benefits accruing from being employees of these sectors. I am particularly interested in the development of the Iron and Steel industry as well as the revitalization of the agricultural sector. A few days ago, an article about a young Nigerian who developed a helicopter from assembling metal scraps and second hand engine made in
The iron and steel industry has always been a powerful player in the world economy. Just like oil, it’s a huge income earner and a huge employer of labour. There is a huge demand for its products in basically all sectors. Growing up in
A nation can never really be said to be self-sufficient if the citizenry still view feeding as a fundamental problem. It is sad, but I would have to agree that Nigeria is still categorized as under-developed given the fact that the average Nigerian can not really enjoy a decent transportation because the roads are in deplorable states (Benin-Ore?), communication because power is unreliable and epileptic, and worst, a decent meal because the prices of foods have gone beyond reach. In the latter, many resolve to meals that are far from being balanced. Progress or retrogression? Be the judge. Ironically, the Nigerian soil which is naturally fertile in comparison to that of countries like