Mitigating economic hardship: The Nigerian narrative

In this case, the price of every item has skyrocketed; the nation is on the verge of economic holocaust. What is the root cause of the economic downturn Nigeria is experiencing? Which way Nigeria? Is corruption the root cause of the economic hardship we are experiencing as a nation?

The Nigerian economy is a mixed one in which the means of production is executed by the government and private companies, based on government regulations however. For us to progress economically, the government needs to be actively involved in the means of production through its ministry. We are well endowed with mineral resources that can be fine-tuned to benefit every citizen.

The cost of living is on the high side within the country. The border needs to be reopened to lessen the suffering. Truth must also be told that until we start producing effectively rather than just consuming foreign products, our naira will keep losing its value. We must strike a balance. Perpetual shutting of the border is not the answer. There must be proper regulation to ensure that capitalists do not prey on unsuspecting citizens.

A coalition of youth groups, the Ondo Peoples Assembly , has urged the All Progressives Congress to sanction the duo of Senator Jimoh Ibrahim and Olusola Oke over their alleged role in the aftermath of the April 20, 2024 primary election.

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