Nigeria, edging closer to becoming the present Venezuela- Stats Saying it all

in #economy5 years ago

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The just concluded Presidential election in my country revealed to the world how damaged my country is, there is Envy and Hate Political system, same process in that was in play in the US when President Donald Trump assume office.

Unlike the United State, Nigeria is on the verge of collapsing economically and intellectually.

Why?

The average citizen gathers all his/her resources to flee to another country where things are more sane. In the present political dispensation, poverty has been accepted as a norm and the rich, I mean the extremely rich are few percentage in position of authority in Government offices.

Poverty rate is growing super fast, as arbiter June 2018 Nigeria has 86million and more people living in extreme poverty in Africa as whole and about 60% of that population is from the Northern Part of the country.

Sadly, this same northern part of my country that seem to have the worse poverty rates in the world single-handedly Voted the incumbent president who has no clue he had ruin this country back into power, hence edging us closer to the present stage in which Venezuelans are right now.

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The North is the most unstable part of this country, vulnerable to One of the dreaded terrorist in the World, Boko-Haram and the Fulani herdsmen who had killed hundreds of thousands and destroyed property worth Billions of Dollars as estimated by the World bank and the United Nations.

As the 26th largest economy of the world and one of the largest exporters of Crude Oil and its derivatives, the fall of this large poplated country, a $411 Billion is with over two hundred million (200million) inhabitants, compared to seventeen million (17million) of Venezuelans, it's going to be an earquake when it finally crumbled down.

What and where would I be when this happened? This is my fears and concerned for this country!

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It’s hard to accept yet the truth is here with us!

We must do something before it’s too late!

Thanks brother for pointing out this important information.

Posted using Partiko iOS

Hopefully we can do something with the Blockchain, one love bro.

Kindly elaborate on how blockchain will help change Nigerian government...

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