Nigeria - A Parable of Prodigality

From Emergent Africa Sun Jan 27 2013, 14:00:00

Excerpted from Oby Ezekwesili's convocation lecture at the University of Nigeria:

Nigeria is a paradox of the kind of wealth that breeds penury is as widely known as the fact that the world considers us a poster nation for poor governance wealth from natural resources. The trend of Nigeria's population in poverty since 1980 to 2010 for example suggests that the more we earned from oil, the larger the population of poor citizens : 17.1 million 1980, 34.5million in 1985, 39.2million in 1992, 67.1million in 1996, 68.7million in 2004 and 112.47 million in 2010! This sadly means that you are children of a nation blessed with abundance of ironies. Resource wealth has tragically reduced your nation- my nation- to a mere parable of prodigality. Nothing undignifies nations and their citizens like self-inflicted failure.Our abundance of oil, people and geography should have worked favorably and placed us on the top echelons of the global economic ladder by now.More here

via YNaija

[view whole blog post ]
 See More    |     Report Abuse

You might also be interested in the following news stories:

Nigeria:   Suicide Bomber Kills 20 in Religious Procession (news)
Premium Times
27 November 2015

The Islamic Movement in Nigeria, which comprises members of the Shi'ite ideology, has given insight into how a suicide bomber disguised as one of its members and blew himself up during a procession in ... [read more]

Central African Republic:   Pope Heading for Violence-Prone CAR (news)
Deutsche Welle
27 November 2015

Pope Francis will conclude his brief tour of Africa with a challenging trip to the Central African Republic, a poverty stricken country riddled with violence between Muslim rebels and Christian ... [read more]

Nigeria:   Pirates Kidnap Sailors Off Coast (news)
27 November 2015

Gunmen have kidnapped five Polish sailors from a cargo ship off southern Nigeria, in the latest incident in a region known as a piracy hotspot, Poland's government said Friday. [read more]

blogAfrica is's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!

Today's Featured News
Mozambique Ruling Party Faces Tough Contest

Renamo supporters: Ruling Frelimo faces a stern challenge at Wednesday's polls from...

Surge in Central African Republic Violence

African Union troops in Bangui (file photo): The UN has expressed alarm...

Nigeria, Cameroon, Ghana Get Crucial Wins

Asamoah Gyan of Ghana (file photo): The Super Eagles have boosted their...