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Day: March 16, 2022

How Nigeria Can Cure Its Oil Addiction

Mar 16, 2022Mar 17, 2022 lensafrik

Nigeria, now in its fifth quarter of recession linked to falling oil prices, can no longer afford to be a one commodity economy. Oil may have been the national breadwinner in the past, but Nigeria’s future depends on more investment in its many other lucrative, yet unexploited resources.

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If Nigeria has so much oil, why are they so poor?

Mar 16, 2022 lensafrik

Poor resource and wealth distribution and management, political instability, greed and incompetence, corruption and economic inequalities are the prime source of poverty and famine in Nigeria

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