The economy of Nigeria is completely messed up by the APC/President Buhari’s led government, which is the truth that should be told. This will make it extremely difficult for the incoming president to have a good starting point. The debt owed by Nigeria is so huge, and the amount of money paid to service the debt is one aspect that is draining the resources of Nigeria. The Senate of the Federal Republic of Nigeria is not helping matters at all. Each time President Buhari’s government requests a loan, questions are not asked before approving them. Such a method of running a country can only bring the economy of Nigeria backward. Even the NNPC, where Nigeria as a country gets its earnings, is not performing as expected. Till today, nothing much has been heard from that sector, whether profit is being realized or not. Most sectors of the economy of Nigeria are practicing a closed system under President Buhari’s watch, which should not have been so in a democratic system. Too bad. This is not what the people of Nigeria bargained for at all. The incoming president of Nigeria would also borrow when he or she comes in, thereby accumulating huge debts for the generation yet unborn. Whoever takes over the leadership of Nigeria in 2023 should have a clear economic plan and how such a plan would be implemented so that the people of Nigeria would not get more hurt than the situation they are already in at the moment.
Source: Viewers Corner News.