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:

Gambia:   Confusion As Jammeh 'Annuls' Poll Result (news)
The East African
10 December 2016

Gambia has been thrown into a state of anxiety and confusion after long serving leader Yahya Jammeh annulled last week's presidential election result, citing irregularities. President Jammeh, in a ... [read more]

Somalia:   Car Bomb Explodes Outside Mogadishu Port (news)
Deutsche Welle
11 December 2016

A car bomb has exploded outside the port of the Somali capital Mogadishu, killing several people and injuring many others. Officials say the death toll is likely to increase. A bomb exploded at the ... [read more]

Zimbabwe:   Outrage Over First Lady's $1,4 Million Diamond Ring (news)
New Zimbabwe
10 December 2016

PRESIDENT Robert Mugabe's opponents have roundly slammed his wife Grace's penchant for splurging on expensive jewelry at a time the majority poor are going hungry while hospitals have been forced to ... [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!