Nigeria in Deep Trouble – WTF is Going on? Economy in Crisis as Currency Crashes & Inflation Soars

Yes, it is mostly about corruption. Corruption from external influences to maintain certain status quo ( which no one seem to want to mention, perhaps a massive case of amnesia ) and corruption from the internal rulers aka politicians and military heads of states. Rulers (Yes, rulers not leaders) hoisted into power by said external influences. While these foreign influences operate corruption in a more controlled, discrete and structured manner, these rulers in "Nigeria" are not only reckless with corruption but are rampant with it, lack fear of accountability coupled with myopic and poor management decisions, tribalism, nepotism, cronyism there is little surprise we are where we are now.

The population explosion means that every year there are five million more children than needs to go to school. Not five million, 5 million MORE! How do you plan for that? Let's say you squeeze 50 into a classroom. That requires 100 000 extra classrooms. That also means 100 000 new teachers. Even without corruption and the theft of oil, that will take a super human effort. The elite will have their children taught at Eton and other elite schools. The rest is mind over matter. The elites don't mind, the hoy peloy doesn't matter.

Sadly, Kenya is on the same trajectory as Nigeria because of the hodge-podge incoherent policies of William Ruto's incompetent, corrupt administration.

You failed to highlight the problem of a bloated public service that drains most of the government revenue both legitimately and corruptly there by depriving the government of scarce revenue. For example, why would a struggling economy have it's government have the largest delegation to a foreign event? Or why would Mps and Ministers be given state of the art vehicles and luxurious official houses? All these besides the rampant stealing of public resources.

APC Tinubu, should be disqualified from running for President again. PDP should be nominated NADECO should be nominated

You’re not even a Nigerian how could you know better than our government everything is other control

Bumblebrain Biden envies Nigeria's inflation rate. He wants to bring it here.

The Nigerian government (past & present) is extremely irresponsible and wasteful. How can a government the kind of it's facing be talking about approving N90 Billion for Hajj, approving Hundreds of millions of Naira for official cars and renovations. Our oil is being stolen every single day in big Vessels across the ocean. None of our Oil refineries are work (NONE). Please Nigeria 🇳🇬 doesn't need any type of aid because we have enough money. Just a pro-active government that knows what to do and how to manage all our mineral resources (liquid and solid). The World Bank and IMF should stop lend money to Nigeria. Please please please do more videos to shed light on the theft of all our God given mineral resources and the uncontrolled insecurity plaguing our nation.

I subscribed. Nice accent too😂😂Where is it from?

I have suscribed as you look past Europe . Thanks

Bola Tinubu was not voted into governance. He bought the election by pocketing the electioneering agency with money.

Rigged his way into power, ruined the economy more than he met it and will eventually crash the country.

He wasn’t voted in, he was rigged in and thank God the idiots who did will cry the most

Never let a foreigner tell your tale, the rest of the world will rally together which is what certain super powered countries are looking for to invade and carry out their own agenda. Let us deal with our government and you deal with your own government. Even if it takes us 200 years, it’s our problem. Focus on your country’s prime minister, education, gender, royal family, racial, inequality, unfair laws etc issues. Nuf said ☝🏽

so, you craftily ignored the evil roles played by the IMF/ World Bank in aiding, propping, supporting and sustaining their puppets in power, while subtly encouraging corruption? Sounds suspect.

It is all over for Nigeria! Separation is the only solution!!

What do you expe t from a country that is just geographical expression, with different ethnic backgrounds that never realised their common sense of reasoning, where both inside and outside players see it as an individual business centers that people feed on.so sad.The western world are also collaborators, encouraging corruption going on in Nigeria. Shame on every country that are players in the whole process.

Wow! Wow! this video is a masterpiece. Well done

The problem is few Nigerian politicians loot money from government pockets into their private pockets and Nigerians allow them go scot free, so it continues and become a norm the country.