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Beyond Independence: Nigeria’s Complex Path @64

By Divramredje Efeturi

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Nigeria 64

Nigeria, at 64, finds itself at a crucial juncture, where the blend of achievements and setbacks presents a vivid tapestry of a nation in search of its true potential. Despite being Africa’s largest economy, the country’s over-dependence on oil has left it vulnerable to fluctuations in global oil prices, and recent policy decisions have only heightened these vulnerabilities.

The controversial removal of fuel subsidies, intended to reduce fiscal burdens, resulted in widespread discontent, as citizens struggled with soaring fuel prices and inflation, which quickly escalated the cost of living.

The economic strain was further exacerbated by the ongoing tension between the Nigerian National Petroleum Corporation (NNPC) and the Dangote Refinery. While the Dangote Refinery was expected to reduce Nigeria’s reliance on imported refined petroleum products, disputes over pricing and supply chains between these two giants have led to prolonged delays in its operational start. This delay, coupled with NNPC’s inability to adequately meet domestic fuel demands, has kept the burden of high fuel prices on the populace, intensifying the hardships faced by millions.

The strain on the economy is compounded by frequent strike actions by labor unions, such as the Academic Staff Union of Universities (ASUU) and the Nigeria Labour Congress (NLC), which reflect broader dissatisfaction with the government’s management of labor issues. These strikes, rooted in unmet agreements, poor wages, and deteriorating working conditions, have paralyzed key sectors, including education, healthcare, and transportation, disrupting the lives of ordinary citizens. The ripple effects of these disruptions are felt across all aspects of daily life, with education, in particular, suffering from constant interruptions, leaving students stranded and demotivated.

Yet, as we consider the plight of the education sector, it becomes evident that the leadership deficit remains a core issue across all sectors. Decades of corruption, mismanagement, and shortsighted policies have left the nation lagging behind its peers. Though the current administration, under President Bola Ahmed Tinubu, has initiated reforms aimed at addressing corruption and stimulating economic growth, skepticism remains. Nigerians have witnessed too many grand promises turn into unfulfilled dreams, and many are left wondering if these recent efforts will genuinely translate into sustainable progress.

Insecurity further compounds these challenges, with terrorism, banditry, and separatist movements undermining national unity and stability. Despite increased funding and the procurement of advanced military equipment, the inability of security agencies to curb these threats raises questions about the effectiveness of existing strategies. The situation is aggravated by allegations of corruption and poor coordination among security operatives, which not only hampers efforts to combat insecurity but also fuels mistrust in government institutions.

Moreover, the agricultural sector, which could serve as a buffer against economic downturns, suffers from insecurity, poor infrastructure, and inadequate funding. Despite being a critical source of livelihood for a majority of Nigerians, the sector is plagued by inefficiencies that have stifled its potential. Farmers face threats from bandits, herdsmen, and inadequate access to markets, preventing Nigeria from achieving food security and reducing dependence on imports.

Infrastructure remains a major impediment to progress, as poor roads, inconsistent power supply, and inadequate transportation networks continue to limit industrial growth and development. While efforts to improve infrastructure, such as the Lagos-Ibadan Expressway and rail projects, indicate a willingness to address these deficits, the pace of development remains slow, and the impact is yet to be fully felt by the citizenry.

The aviation sector is equally troubled, struggling with outdated facilities, high operational costs, and a lack of a national carrier, thereby limiting Nigeria’s aspirations to become a regional hub. This stagnation reflects broader infrastructural challenges that inhibit economic growth and discourage foreign investment.

Foreign policy, another critical aspect of Nigeria’s national development, reflects the nation’s complex internal challenges. While Nigeria remains a key player in the African Union (AU) and the Economic Community of West African States (ECOWAS), domestic issues such as corruption, insecurity, and human rights concerns have weakened its influence on the international stage. Diplomatic efforts are often hampered by these internal crises, limiting Nigeria’s ability to engage effectively with global powers and capitalize on international partnerships.

The intertwining issues of leadership, economic mismanagement, and insecurity have, in turn, placed an enormous strain on the Nigerian people. With inflation eroding their purchasing power, many struggle to afford basic necessities, even as they demonstrate remarkable resilience in the face of adversity. Yet, resilience alone cannot substitute for good governance, effective leadership, and visionary policies that prioritize the welfare of the populace.

As Nigeria navigates its 64th year of independence, the path forward demands a holistic approach that addresses these intertwined challenges. It requires a leadership that is not only committed to reform but also willing to make difficult decisions that place the nation’s long-term interests above short-term gains. Only then can the country hope to fulfill its potential and become the prosperous and united nation its people so desperately desire.

Sir Divramredje Lawrence Efeturi, KSJI, ASCIEPUK.

(A public affairs commentator, writes from Delta State.)

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