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You are here:Home>>Strategic Research & Analysis>>Vincent Ogboi>>Nigeria at 50
Friday, 01 October 2010 14:34

Nigeria at 50

Written by Vincent Ogboi
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Mr. Ogboi Mr. Ogboi

Nigeria is ready to move forward

Nigeria at 50 is trying to mature into adulthood. Although slow but it is almost certain that when Nigeria finally gets it right, this sleepy and now about to be awaken giant will be noticed. The awaken Nigeria will not only be noticed by many nations in Africa who after one disappointment after another by Nigeria almost wrote her off but also by the great powers of the West.

Most Nigerians agree including the new breed of leaders that for Nigeria to turn away from the past, it cannot be business as usual. Nigeria must harness all of her resources, not only natural resources, but their highly neglected and very educated human capital most of whom are scattered in the Diasporas.

The future certainly looks good for Nigeria, if the current breed of leaders can honestly adhere to the emerging Democratic principles. Then the oil resources could become a blessing to the Nigerian masses. Nigeria must imbibe a sense of belonging, ownership value and zero tolerance to their pervasive corruption. The corrupt system that has permeated every fabric of the society must be defeated for Nigeria to grow and flourish.

I was pleasantly surprised when yesterday, I read that Nigeria just made the list of six nations whose economies are expected to blow away expectations and become leading powers in their regions relatively soon. These are (Mexico, Australia, Indonesia, Nigeria and S. Africa-MARVINS just like the BRIC nations (Brazil, Russia, India and China)  and I hope that Nigeria does not falter and miss this opportunity.


Mr. Vincent Ogboi is a Senior fellow, economic and financial analyst on African affairs at Afripol Organization



Last modified on Sunday, 03 October 2010 19:19

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