Wednesday 27 March 2013

How close can we get to the solution?

Recently i was wondering how much more is needed to be done to crack the development puzzle in Nigeria. Will it have to take another 50 yrs, 40, 30 or .... are we already in the magic decade when the world will start celebrating our country. India and China has already proved to the world that anything is possible with economic development. According to one article "To be precise, in 25 years from the current period it has been assumed that China will have a more superior economy as it already leads the total output in the world". Yet these were countries who, as at early last decade, was nothing to write home about economically. Today, however, virtually all the big boys are establishing their domineering presence in these countries.

Basically, Nigeria has all it takes to make a great leap towards economic greatness. It is the most populous black nation with about 150M people with different skills, talents, qualification and experience. The country boast of a 69% adult literacy rate, 87% male youth (15-24) literacy; 81% female youth(15-24) literacy rates (UNICEF). She also has large agriculturally fit land mass and enough energy resources to power up industrial activities. You may wonder what else is keeping us back.

I really do think we are not too far from the promise land. If only we can start taking leadership serious, the speed will be terrific. We need people who can help us efficiently manage the vast resources at our disposal as a country. Nigeria will be great and when this happens, the whole world will want to identify with us. This makes the struggle all the more interesting.

Nigeria can borrow a leaf from the Chinese and Indians. They built relevant socio-economic infrastructure and also encouraged research and development of cheap-yet-durable technologies. The result was spontaneous.

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