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:

Uganda:   Court Jails World Cup Bombers for Life (news)
Deutsche Welle
27 May 2016

Five of seven men found guilty of carrying out deadly bombings in Kampala in 2010 have been given life sentences. They avoided the death penalty for the attacks that targeted fans who gathered to ... [read more]

Ethiopia:   Children Missing After South Sudanese Raid (news)
Al Jazeera
27 May 2016

Dozens of children are still missing after a cross-border raid on villages in the Gambela region of western Ethiopia by South Sudanese tribesmen. Attackers from South Sudan's Merle tribe killed 208 ... [read more]

Angola:   Yellow Fever Deaths Cross 300 - WHO (news)
Deutsche Welle
27 May 2016

The World Health Organization says the worst outbreak for 30 years has spread from the capital Luanda to most coastal and central regions. The disease has killed several hundred people since ... [read more]



blogAfrica is allAfrica.com'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...