Nigeria is Now an Under-developing Economy, Should Harness Idel Assets to Boost Growth – Owonikoko

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Nigeria is Now an Under-developing Economy, Should Harness Idel Assets to Boost Growth – Owonikoko


There has to be robust citizenship engagement with the Nigerian procurement system, seeing all that Nigeria has lost with all these shady contract and procurement awards

Abiodun Owonikoko, SAN

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20 Comments

  1. Nigeria 🇳🇬 is going nowhere, only a citizen revolution of multipolar checks and balances will stop 🛑 this madness. The colonial system is by design a looting program and these old idiots are doing just that abusing their power, take that power back ✊🏾💯

  2. A Yorubà rewrote the law of copyright in the West, such copyright will not expire 70 years after death of the original pioneer of signature products to float on global stock exchange markets – innovation capital 🧠 intellectual property economic rights protection – create wealth to rebuild back better best political economy 💡 high GDP per capita income 🏡

  3. This headline makes nonsense of the of whoever put it on, Nigeria has always bn underdeveloped and a 3rd world economy therefore it is not new. The country is a million mile away from bn describe as developed.

  4. The issue is that majority (not all) of us are corruptible/corrupt. We will allow improper things when financially beneficial.

    Until that majority becomes a minority, nothing will change enough to make the needed difference.

    Even Westerners know this about us and some exploit it. Go see the 1920's based movie titled "Mr. Johnson".

    We (including myself) need to stop making improper or substandard things ok even if it benefits us.

    Otherwise, we will only keep complaining for generations.

  5. Our youths n even now elderly are running to other countries to contribute their talents willingly, because our leaders constantly fail us,and those same leaders will steal our common wealth to also hide in other countries, willingly .. where are we headed😢

  6. Nigeria is a scam state…where electric poles are built with 180million, senators recieve 13.5m n soldiers 50k, workers 35k.. our problems is man made , n not until Nigerian's realize..this serial of a scam state will only produce more series…

  7. You will never harness anything as long as you have criminals at the helm of affairs of government. All this discussion is nothing but "tales by moonlight" for entertainment.

  8. I remember that every time,it happens,the family remains without money for that year
    So if nigeria have spent for the crude jet to be produced, take foreign loans to be shared by the executives while nigerians keeps praying and hoping, generations did that with no results

  9. Who hasn't known should know today that nigeria should be closed just as it has failed in the last decades in all ramifications
    Every government is worse than the last 😢
    Mr Owonikoko reminds me of when our grandparents borrowed for lack of money for whatever projects to pay back when cocoa comes to season