Coronavirus as Nigeria’s reset button

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OPINION: Coronavirus as Nigeria’s reset button

Interestingly, this outbreak of coronavirus has brought home to those who do not quite know that the rest of the world, including Nigeria, is subject to the whims of the metropolitan powers. Recall that when Ebola gripped Africa in a vice lock, the Western world neither shut down, nor raised an alarm.

He admonishes: “We must not panic . And we must know what it is we are up against, and constructively engage it… If human capital constructively engages this tough time, we will defeat it.” He should remind his colleagues that necessity is the mother of invention. Many regret that Nigeria did not take advantage of the inventive genius that the Igbo displayed during the unnecessary Nigerian Civil War of the late 1960s.

The Central Bank of Nigeria got it right with palliatives, which are really incentives, that should enable medium and small scale businesses to take advantage of this situation, and turn the economic fortunes of Nigeria around. Some of the protagonists of the idea of Nigeria taking advantage of the opportunities provided by the coronavirus outbreak refer to the quantum progress made by Communist China after adopting an isolationist policy between 1949, when Chairman Mao Zedong took the reins of power, and 1976, when he died, and a more prosperous and confident China joined the rest of the world.

Isolationism implies a country whose policy is against war, foreign aid, preferred trade agreements, and military alliances, but engaging only in free trade with any willing nation. The idea is to avoid foreign entanglements and responsibilities.

 

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I agree, if noticed rightly

Nice write up...so commendable, educative and inspiring...indeed necessity is the mother of Invention..

I doubt it

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