Today we celebrate the 56th independence anniversary of our beloved country Nigeria but the truth be told we are indeed a great nation but we are lagging behind. Fifty-six years of nothing to boast of when we are immensely blessed and it’s only a fool that will say Nigeria is a poor country because Nigeria is so beautiful but her children are ugly,ugly not the sense of facial appearance but in the sense of characters countries with no natural resources are far ahead of us because we have decided to develop our pockets instead of our country .I have often heard people say that if we can call together all the past leaders of Nigeria and kill them that Nigeria will be better,but I want to that,that particular statement is a fallacy because many youths in Nigeria has been oriented on the wrong conceptions of leadership and even if we kill these leaders, they will continue from where these leaders stopped.The biggest economy in Africa few months ago has gone into recession and on the brink of collapse and the reasons we get on daily basis is that oil price has crashed and that PDP is the cause of what we are suffering today no doubt bad governance and the crash of oil price contributes to what we are suffering today but the major reason why things are getting worse is because the government of the day has not decided to follow things up and rescue the situation of things in Nigeria.if we claim that the crash of oil price is one of our major problem then why is Qatar a country dependent on oil still the world richest country?the answer is obvious because Nigerians haven’t decide to take the bull by the horn.let us take a look at some big economies of the world that are not dependent on natural resources.
1.China:china is the second biggest economy in the world according to nominal GDP and the biggest economy according to the PPP but their major source of income is technology.
2 . Singapore:Singa
3 .France:France is the 9th biggest economy in the world but their major sources of income are banking,tourism
4 .Brazil:Brazil was rated the 7th biggest economy in the world ahead of France and Germany but there major sources of income is agriculture and tourism.
5 .Iceland:in Iceland only 8%of the population makeup the poor, and their per capita GDP is $50,000 yet their major.source of income is fishing.
At this juncture let’s look at the mineral resources in Nigeria:crude oil,gypsum,lime
Now it is obvious our that if the government of the day can sincerely diversify the economy making use of other minerals en-coporating tourism,foriegn
In conclusion if China can be the biggest economy with technology, France the 9th biggest with agriculture,ban
CHUKWUMA JAMES J.
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