Nigeria: Reform Efforts and the Unresolved Socio-Economic Problems

[Robot]

Introduction
Addressing a nation’s socio-economic problems is a Herculean tas...Read the full article.

[Son of the Delta]

Growing evidence shows that the crises bedeviling the nation’s political economy could partly be attributed to the authoritarian tendencies of the leaders. For instance, one of key problems facing the Nigerian economy today is that almost every facet of the economy it is being controlled by the President. Growing evidence shows that he is in control of the on-going privatization process and controls the petroleum industry (including pricing of its products). He controls the elections process and determines who should take part in the process and he determines who is corrupt or not. The President decides whether or to implement the national budget, and often spends public fund without seeking approval from the National Assembly. The system lacks checks and balances and the people lack the freedom to challenge the autocratic tendencies of the President.

That is it ,that is all! Nigeria has been is what it is today because of Gen.Obasanjo`s poor leadership qualities.My feeling is that Nigeria`s chances of survival after such a brutal rule are next to zero.

[prince michael]

i believe that Nigeria will fufil her purpose on earth. If Nigeria fails, the whole world wil fail,therefore believe in the transformation of this great nation!!! shalom!