Badagry Deep Seaport Is Epitome of Nigeria’s Inequitable Economic Development
3rd Seaport for Lagos: No Way to Revive Nigeria’s Tottering Economy
The confusion which has bewildered Nigeria’s once-balanced national economy since advent of military intervention in governance fifty years ago is still being stoked by the wielders of power in Abuja. Before things went awry, Nigeria’s economy was balanced and heavily reliant on real productivity of the country’s indigenous peoples. The economy was heavily reliant on agricultural produce in forms of groundnuts, cotton and tin/columbite from the North; palm produce and coal from the East; rubber and timber from the Midwest and cocoa from the West. Despite the fact that the population during the 1st Republic was about one third of what it is today and there was less educated and skilled workforce at the time, mass unemployment was not as significant as it is in this 4th Republic. Wealth of the nation was created out of direct input of the sweat of the citizenry in all parts of the country and not just from a single location and commodity – in oilfields of the Niger Delta – as is the case today.
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