Pin It Now!
Agriculture still remains a shadow of itself with Nigeria depending on massive food importation to feed her citizenry. It would be recalled that this administration in the wake of the world economic meltdown had wanted to import rice to the tune of #80b; but this received serious condemnation from the masses who felt the money should instead be channeled into agricultural development. Nigeria ranked number one in palm oil, groundnut and kola nut production decades ago and was even among the 3 highest producers of cocoa but today Indonesia and Malaysia are making more money from palm produce than we make from crude oil; our groundnut pyramids have disappeared. And the government keeps maintaining its resolve to keep feeding Nigerians with lies.
Economic development continues to elude us as long as the government has refused to take the bull by the horns and formulate policies that would attract tangible investments. Our government properties have all been auctioned to people who have connived with government agents to sell them at cheap rates, share the kick fronts and the kickbacks, leaving the sectors undeveloped. We started to construct the steel plant about the same time with South Korea but today while the Koreans export cars, ships, electronics and steel we are still struggling with how to get our steel industry on its feet. How can it work when politicians deliberately make bogus budgets and implement only a miniature part of it and keep the remainder in their pockets? The question is, our annual national budget which now runs into trillions of naira what are they used for? Are they for improving the welfare of the citizenry or for foreign trips, or for making the politicians fatter?