you know, Victoria Cakes ormahleechar nm ( omalicham ), the shocking inability of Nigeria to resolve all or most of it’s identified key economic challenges over the past several years since 1989? has given rise to rumours that there are persons benefitting from the socio-economic problems in the environment and who strongly manueuvre to ensure that the overall status of economic malaise? remains in place even if it is manifestly to the detriment of the quality of life of the ordinary Nigeria residents.

and the rumours say this is because
the ordinary Nigeria residents ask themselves :

how is a problem solved ?

and the same ordinary Nigeria residents answer themselves
( according to rumours ) :

a problem is solved by
🟢 recognising / realising it exists,
🟢 identifying it
and
🟢 making efforts to resolve it

and so
the same ordinary Nigeria residents ( according to rumours )
then say to themselves :

it is strange that all these years
Nigeria does not seem to have clearly identified
exactly what the problem(s) of the economy is/are
and
put in place solutions to address and resolve these identified problem(s)
whether these solutions are only for
🟥 a few identified key major economic / socio-economic palaver
or
🟥 all identified and identifiable economic / socio-economic palaver.

and the ordinary Nigerians find this strange
and so
rumour that the prevailing economic / socio-economic problems of Nigeria
be it

🔴⛳ ELECTRICITY – the lack of regular, affordable, reliable electricity supply 24 hours a day all year long every year

🔴⛳ PETROLEUM REFINING, PETROLEUM SUBSIDY, ETC – the inability of Nigeria to keep any or all of it’s Petroleum Refineries in a state of superb maintenance and functionality such that all oil drilled in Nigeria is refined into it’s various petroleum product(s) derivatives here in Nigeria without a need to incur un-necessary? avoidable? costs by sending them abroad for refining … and which otherwise avoidable costs then need to be subsidized by the Nigeria Administration in order to lower the market price of the refined products to a level at which ordinary Nigerians can ( afford to ) buy them.

🔴⛳ SECURITY OF HUMAN LIVES – the prevailing disgraceful inability of Nigeria to protect the lives of it’s citizens across Nigeria

with the result that there are rumours that it is not only ordinary citizens who are attacked and/or killed in large numbers but in fact motor vehicle convoys of at least one State Governor has come under attack

🔴⛳ RE-ENVALUING AND RE-STRENGTHEN-ING
THE NIGERIA NATIONAL CURRENCY THE NAIRA – which at some points
in world history
weighed in at

Nigeria Naira ₦0:60 to U.S.A Dollar $1:00

Nigeria Naira ₦0:75 to U.K Pounds ₤1:00

and which have for some time ( years actually ) now
exchanged at such horrendous? rates as

Nigeria Naira ₦400:00? to U.SA Dollar $1:00
Nigeria Naira ₦500:00 to U.K Pounds ₤1:00

🔴⛳ THE ABSENCE OF CRITICAL MEDICAL EQUIPMENT SUCH AS
CT-SCAN EQUIPMENT, MRI SCAN EQUIPMENT, ETC
IN A VAST NUMBER OF
PUBLIC ( and PRIVATE ) SECTOR HEALTH / MEDICAL INSTITUTIONS
i.e HOSPITALS
ACROSS NIGERIA – with a directly proportional impact on the ability of Doctors and Nurses working here in Nigeria to save lives.

🔴⛳ ETC, 🔴⛳ ETC, 🔴⛳ ETC

remain

continue to remain

ONLY BECAUSE

there are persons
there are some persons
benefitting ( benefiting )
from the socio-economic problems in the environment

and

who strongly manueuvre
who therefore strongly manueuvre
who have strongly maneuvred over the years
who have therefore strongly manueuvred over the years
to ensure that
the overall status of economic malaise? remains in place

even if
it is manifestly to the detriment of the quality of life
of the ordinary Nigeria residents.

you know, Victoria Cakes ormahleechar nm ( omalicha m ) ( omalicham ),
they may be right
the rumours may be right
or
they may be wrong
the rumours may be wrong

i really wouldn’t know.

still, let’s take a look at it babe.

i mean : how is a problem resolved ?

i don’t know.

still, i guess there’s probably :

[A]🟩 A HISTORICAL APPROACH

[B]🟩 AN IDENTIFY THE PROBLEM(S) AS IS AND SOLVE THEM AS IS APPROACH

[C]🟩 AN IDENTIFY THE CAUSES AND ORIGINS OF THE PROBLEM(S) AND USE THAT IDENTIFICATION TO SOLVE THE PROBLEM(S) APPROACH

[D]🟩 A PREVENTIVE APPROACH i.e A PREVENT THE PROBLEM(S) FROM EVEN ARISING AT ALL IN THE FIRST PLACE APPROACH

[E]🟩 A MIX APPROACH OF SOME OR ALL OF APPROACHES A TO D

Victoria Cakes ohbee nm ( obim ) ( obi m ),
i guess
[1]🟢 i.e [A]🟩 THE HISTORICAL APPROACH
IN THE CONTEXT OF NIGERIA

would probably involve taking a look at Nigeria

since the time of self-rule in 1960
and maybe
before since the time of self-rule in 1960

with a view to perusing the Economic History of Nigeria
with a view to perusing the Socio-Economic History of Nigeria
and

identifying the challenges that have appeared over time
and
identifying how they were resolved .. if they were resolved

and linking
.. or seeing if there is a link between ..
those problems and the current Economic problem(s)
those problems and the current Socio-Economic problem(s)

and seeing if from the information garnered in the study
a solution or solutions can be found.

this approach i.e APPROACH [A]🟩 is probably simillar to

[2]🟢 i.e [C]🟩 AN IDENTIFY THE CAUSES AND ORIGINS OF THE PROBLEM(S)
AND USE THAT IDENTIFICATION TO SOLVE THE PROBLEM(S) APPROACH
except i.e save for the reality that
APPROACH [C]🟩 may not necessarily delve into
history
recent or ancient or modern
and
may just satisfy itself with

identifying the causes and origins of a problem / problems
and
then fixing the problem[s]

[3]🟢 i.e [B]🟩 AN IDENTIFY THE PROBLEM(S) AS IS
AND SOLVE THEM AS IS APPROACH
is really more or less a FIRE BRIGADE APPROACH
which can for our purposes here be illustrated with example thus :

there is an ELECTRICITY POWER OUTAGE somewhere in
INLAND TOWN, ONITSHA
and
the EEDC ( ENUGU ELECTRICITY DISTRIBUTION COMPANY ) technicians
get there

and
find out, for example,
that
some wires? in the transformer are burnt

and that
it is the same set of wires? which are always burning
in that particular transformer
and throwing the
place into POWER OUTAGE
that got burnt again.

so they go and cut a length of wire from somewhere
about the same length as the wires that got burnt
and fix them in place and the electricity comes on
and everyone goes away happy.

🚩 NO CONSIDERATION or PLAN is made regarding that that transformer is
50? years old ? and may probably need to be replaced.

🚩 NO CONSIDERATION or PLAN is made regarding an effort to
find out
what it is exactly that is causing the wires there to burn
and
put in place a solution to stop the continuing recurrence of that burning.

[4]🟢 i.e [D]🟩 A PREVENTIVE APPROACH i.e A PREVENT THE PROBLEM(S) FROM EVEN ARISING AT ALL IN THE FIRST PLACE APPROACH
is more or less a visionary approach

and has sometimes been displayed from time to time here in Nigeria
although it does 🚩not appear to be
🟣 the usual custom of the environment
🟣 the general norm of and in the environment

Victoria Cakes nnmah nm ( nma m ), in applying any or all of these
approaches to Nigeria
🔶️ a commonality
🔶️ a recurring decimal
🔶️ a recurring observation
is that

❌🚩 there is great poverty in the land

❌🚩 there are problems related to this poverty in the land

❌🚩 this poverty is felt and seen among over 60% of the Nigeria Residents

❌🚩 this situation of great crushing poverty used not to be always so

❌🚩 this situation of great crushing poverty used not be so manifested in the 1970s

❌🚩 this situation of great crushing poverty used not be so manifested in the 1960s? .. except perhaps in the later period 1966? to 1970?
in the Biafra Area
which was the theatre of war
and thus? by collateral? inference?
the target? site? for destruction? and demolition?
during the
Nigeria Civil War a.k.a Biafra War a.k.a Biafran War [ 1967 -1970 ]

❌🚩 this situation of great crushing poverty used not be so manifested in the 1980s up until 1989? when Nigeria devalued it’s currency

Victoria Cakes nkeh nm ( nkem ) ( nke m ),
the observed effects of this devaluation have included,
among others, :

🟥 loss of purchasing power of the Naira

🔴 erosion and/or total elimination of the disposable income of many households

🟥 increase(s) in the cost of goods and services
i.e
🔴 inflation

🟥 upwardly spiralling inflation going in instances into double digit inflation and triple? digit inflation

🔴 excess inventory in companies and manufacturing concerns

🟥 closure of companies and manufacturing concerns

🔴 retrenchment of staff and workers

🟥 unemployment
i.e
unemployment of all categories of staff and workers – including
skilled labour,
semi-skilled labour
and
unskilled labour

🔴 stagnation

🟥 stagflation i.e stagnation and inflation

🔴 human resources drain

🟥 brain drain

🔴 skills drain

🟥 massive movement[s] of persons in the age range 18? years – 45? years to
perceived better economies for self sustenance and survival
with many trying the ancient
Sahara Desert to North Africa to Europe Route
and
getting ❌🚩raped, ❌🚩enslaved and ❌🚩killed in Arab North Africa
e.g in Libya

🔴 investment flight

🟥 capital flight

🔴 relocation of companies and manufacturing concerns in Nigeria e.g Michelin Tyres to other countries

🟥 loss of investor confidence in the Nigeria Economy

🟥 the shocking appearance of social problems hardly identified with Nigerians before the down-turn of the Nigeria economy
e.g
❌🚩 Nigeria females engaging in commercial sex work outside Nigeria
❌🚩 etc

[ TO BE CONTINUED ]