Nigeria is practicing an economic system that equalizes all the States, thereby hindering advancement, and nationalizing poverty. Nigeria's retrogressive economic system is the reason a country with limitless resources is strangling in hardship that is caused by lack of economic opportunities. Nigeria should have diverse vital commodities on the spot market. Instead, we have only oil. When the British handed over power, there were pyramids of export products such groundnuts in the North. Miles of cocoa warehouses in the West. Palm oil plantation in the East. Mining industry in the Middle Belt. Shortly, after the British left, all these commodities disappeared as viable export. I don't mean, SOME. I mean, ALL of them! The new leaders, then, had no clear about how to build a viable nation. With no idea idea bout what to do, the new leaders simply used the country's wealth to give themselves luxurious lives, leaving the country to drift Successive Administration followed the same pattern, and the country has been drifting since independence. Oil Wealth gave illusion of stability, and false sense of competence, even though there was never any strategic thinking or careful planning for the future. Falling oil prices, population explosion and massive corruption and incompetence, coupled with a strangulating economic structure, has led to lack of economic opportunities. Lack of economic opportunities has led to insecurity and chaos, and is steadily pushing the country to disintegration. The situation will not improve without economic restructuring that resembles regional economic system of colonial period. Nigeria must DECENTRALIZE our over-centralized system, whereby the government distributes and allocates the resource revenue of one State to other States. Every State should explore, develop and their resources and commodities, and retain 100% of their resource revenue. This is the practice in All Advanced Nations. This is the ONLY WAY Nigeria's economy will diversify, create diverse economic opportunities, raise the value of our currency, rescue Nigeria from perilous dependence on oil, arrest our descent into insecurity, chaos and disintegration. Nigeria is almost a failed Nation. Unfortunately, decentralizing the economy means that the Hausa-Fulani hegemony would no longer control the resource revenue of the South. Since the Nigeria's present retrogressive system serves the interest of Northern Nigeria, there will be no change. And the country will drift on to disintegration.
Sir, i like your factual analysis of every subject matter.I pray that these political vultures will soon meet their Waterloo and new Nigeria of our dream will be born .I can't wait to see a new Nigeria that everyone will feels sense of belonging and rule law will be upheld to the letter.
I felt like carrying sir when you talked about the electricity. Man, what are my people going through? Especially the poor ones .May the good Lord help everyone who loves change . May God help the poor. Isssse isssse isssse
I hope most Nigerians understand from governance to education to religion (I know that last one will trigger Nigerians), this contraption was never meant to thrive. The leadership the last (4) decades should tell you this. The current leadership should tell younger people this if they don't have the history.
When the leaders choose to make themselves bidders at an auction of popularity, their talents, in the construction of the state, will be of no service. They will become flatterers instead of legislators; the instruments, not the guides, of the people.
The people in power are not Yoruba, Hausa, Igbo, or any other tribe. Power is in the hands of the Fulani. Fulani is a tribe that revels in the misery of the masses. As long as this tribe remains in power, Nigeria can never work. That is the bottom line. That is why everybody must support Biafra, Yoruba Nation.
This guy too like talk...always venting on Sahara..😏. We all know that this won't change shit and all he is saying, we already know by experience. If the country annoys you so much, why not leave?. I hate it when people like this man are rich enough to leave the country and yet choose to remain and complain, when we already know that it would change nothing. Tinubu is coming for 2027 and hungry Nigerians will still rig him in, that is a fact.
I like this man, he's a genuine Nigerian, a broken country
Yeye bello, you get it 😂 my bele oo . Oga Dele nor go kill me 😂😂😂
Nigeria was designed to be exactly as it is today
Nigeria is practicing an economic system that equalizes all the States, thereby hindering advancement, and nationalizing poverty.
Nigeria's retrogressive economic system is the reason a country with limitless resources is strangling in hardship that is caused by lack of economic opportunities.
Nigeria should have diverse vital commodities on the spot market. Instead, we have only oil.
When the British handed over power, there were pyramids of export products such groundnuts in the North. Miles of cocoa warehouses in the West. Palm oil plantation in the East. Mining industry in the Middle Belt.
Shortly, after the British left, all these commodities disappeared as viable export. I don't mean, SOME. I mean, ALL of them!
The new leaders, then, had no clear about how to build a viable nation. With no idea idea bout what to do, the new leaders simply used the country's wealth to give themselves luxurious lives, leaving the country to drift
Successive Administration followed the same pattern, and the country has been drifting since independence.
Oil Wealth gave illusion of stability, and false sense of competence, even though there was never any strategic thinking or careful planning for the future.
Falling oil prices, population explosion and massive corruption and incompetence, coupled with a strangulating economic structure, has led to lack of economic opportunities.
Lack of economic opportunities has led to insecurity and chaos, and is steadily pushing the country to disintegration.
The situation will not improve without economic restructuring that resembles regional economic system of colonial period.
Nigeria must DECENTRALIZE our over-centralized system, whereby the government distributes and allocates the resource revenue of one State to other States.
Every State should explore, develop and their resources and commodities, and retain 100% of their resource revenue. This is the practice in All Advanced Nations. This is the ONLY WAY Nigeria's economy will diversify, create diverse economic opportunities, raise the value of our currency, rescue Nigeria from perilous dependence on oil, arrest our descent into insecurity, chaos and disintegration.
Nigeria is almost a failed Nation.
Unfortunately, decentralizing the economy means that the Hausa-Fulani hegemony would no longer control the resource revenue of the South.
Since the Nigeria's present retrogressive system serves the interest of Northern Nigeria, there will be no change. And the country will drift on to disintegration.
Well done sir,you are a fighter
Dele farotimi needs to form & lead a revolutionary group, Sir, anywhere you match I will follow🙏🏿
I dey follow closely behind...
Sir, i like your factual analysis of every subject matter.I pray that these political vultures will soon meet their Waterloo and new Nigeria of our dream will be born .I can't wait to see a new Nigeria that everyone will feels sense of belonging and rule law will be upheld to the letter.
Be there hoping, Apc will rule for another 15 years.
#RevolutionNow the only way
The man li love so much
I felt like carrying sir when you talked about the electricity. Man, what are my people going through? Especially the poor ones .May the good Lord help everyone who loves change . May God help the poor. Isssse isssse isssse
It shouldn’t take a lifetime to figure that out
It is taken even the so called intellectual more than a lifetime 😅
I hope most Nigerians understand from governance to education to religion (I know that last one will trigger Nigerians), this contraption was never meant to thrive. The leadership the last (4) decades should tell you this. The current leadership should tell younger people this if they don't have the history.
I concur..
Same question I have asked myself. Is it that it is impossible for my generation in Nigeria to generate power. I am 40 years old and its been same
Yeye Bello I Gerrit
It is well with NIGERIA... my issue is religious bodies are not playing their part in development of Naija
How can they play a part when it's business as usual for them......
When the leaders choose to make themselves bidders at an auction of popularity, their talents, in the construction of the state, will be of no service. They will become flatterers instead of legislators; the instruments, not the guides, of the people.
Can someone help to translate Dele Farotimi's interview or comments into the three Nigerian languages
The people in power are not Yoruba, Hausa, Igbo, or any other tribe. Power is in the hands of the Fulani.
Fulani is a tribe that revels in the misery of the masses.
As long as this tribe remains in power, Nigeria can never work.
That is the bottom line.
That is why everybody must support Biafra, Yoruba Nation.
Na now you know
This guy too like talk...always venting on Sahara..😏. We all know that this won't change shit and all he is saying, we already know by experience. If the country annoys you so much, why not leave?. I hate it when people like this man are rich enough to leave the country and yet choose to remain and complain, when we already know that it would change nothing. Tinubu is coming for 2027 and hungry Nigerians will still rig him in, that is a fact.
You people know this and you’re still fighting for a new Nigeria or whatever you call it with your messiah / magician Peter Obi, abi ?
YOU JUST TALK AND TALK, NO ACTION. talks doesnt solve anything. To me, you are just cashing out from the traffic you generate by this no need talk