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:

Liberia:   Liberia Council of Churches Oppose Christian State Proposition (news)
FrontPageAfrica
3 May 2016

In the wake of many debates about whether or not to make Liberia a Christian state, the Liberia Council of Churches (LCC) has announced that its does not support, in any form or manner, proposition ... [read more]

South Sudan:   Opposition Fighters Attack Soldiers (news)
Radio Dabanga
3 May 2016

Fighting between members of the South Sudanese army and opponents of the government resulted in a number of dead and wounded on the Sudan-South Sudan border between East Darfur and Northern Bahr El ... [read more]

South Africa:   Xhosa Design a Hit On Global Catwalks (news)
SouthAfrica.info
3 May 2016

When Laduma Ngxokolo's mother Lindelwa taught him to knit, she sparked a love of fashion that inspired him to become a designer. Today her son's collections are showcased on the catwalks of Europe's ... [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...