![]() ![]() Meanwhile, there is also the fundamental problem of our inability to add value to our primary commodities- a situation that is partly responsible for the large scale unemployment in the land. ![]() Thus, the nation’s agriculture sector is still being dominated by smallholder farmers whose production cannot meet domestic demand let alone make provision for export. This has not supported the drive to reduce the reliance on crude oil exports. This means the country is not gaining much from the oil price rally, as the proceeds from crude oil sales leave its coffers in the form of debt servicing and subsidy payment.Īnother economic challenge is the primary nature of non-oil exports. Also, the nation’s refineries are virtually comatose, if not dead. Faced with some hurdles, Nigeria has not fully met the quota assigned to it by the Organisation of Petroleum Exporting Countries (OPEC). The country’s revenue comes mainly from crude oil sales. Nigeria as a country suffers on many economic fronts. This is a disturbing development as we have seen in the past when an individual who falsified all his credentials ended up becoming the speaker in the national assembly while others at the state level were sacked due to falsification of their credentials.Ī good and thorough system would not have allowed them to get there in the first place.Īnother linchpin is our economic and fiscal policies. Evidently, the time is too short for the electorate to assess who they are or indeed, who they are not! That is partly why all kinds of individuals emerge as political leaders in this country. The highest office in the land is the presidency yet and unfortunately, a year before the presidential election, Nigeria’s electoral laws do not permit interested individuals to start political campaigns and present himself or herself to public scrutiny before the general elections. The loss will come from the huge monetary and material donations towards the polls which do not produce the kinds of leaders that will improve the socio-economic well-being of the citizenry.Ĭonsidering that we do not have much time before the general elections, the electoral processes should have put in place machinery that will lay more emphasis on who emerges as members of the state houses of assembly, governors, members of the national assembly and those that will occupy the presidency. And after 24 years of organising general elections, if the reaction that trails the exit polls is not applause across the board, Nigeria would have lost a lot. Those who have expressed their interest(s) thus far have continued to interface with different political, economic and religious blocs to canvass for their respective support.īy and large, the 2023 general elections might not produce results different from what we have had in the past. In the coming weeks, more individuals are going to come out to join the contests for elective positions. Many political gladiators have thrown their hats in the ring through overt and covert expressions of interest to the populace. ![]() Indeed and as far as elections go, the last few weeks have been interesting in Nigeria. It is high time INEC removed these shackles so that the Nigerian people will be able to scrutinise the academic qualifications, achievements, lifestyles and economic programmes of their future governors and presidents and other political office holders These clogs in the nation’s electoral laws have always taken the shine off the various efforts, financial commitments and diligence that might have gone into the preparations towards the various elections. This means the entire electoral processes put in place to assess different political parties and their aspirants as well as parties’ manifestoes always befuddle the Nigerian masses. However, the truth is, Nigeria is yet to get there. After 24 years of continuous democratic rule, the sophistication of the Nigerian electorate should have attained a level that we can say: yes, Nigeria has reached nirvana as regards electoral protocols and culture.
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