Nigeria is the biggest oil producer in
Africa but most of its citizens are living in absolute poverty.The paradox here is that despite its
growing economy, the country is characterized by almost 70% of its population
living on less than a $1 a day.
For a country whose economy is striving, I
sometimes wonder how or why Nigerian
citizens are languishing in poverty.I believe that although there are a number
of factors that have constituted to this situation, one outstanding factor is a
corrupt political system.The government is supposed to make use of the revenues
it gets from oil production to better the living standards of its people but
that seems not to be the case in Nigeria.
There is too much corruption and mismanagement in the oil production sector.The oil production revenues,which are supposed to benefit the people of Nigeria are instead diverted to other personal uses.Industry sources have said that at least 1000 barrels of national oil exports are stolen everyday.
for Nigeria to strive in all spheres, President Goodluck Jonathan has to make sure that there is complete eradication of corruption in the oil sector.In that way, the country will be set to witness a number of major improvements.
sources-www.boston.com/news/world/africa/articles/2004/12/17/corruption
allafrica.com/stories/201202210674.html
image-nigerianews.com
There is too much corruption and mismanagement in the oil production sector.The oil production revenues,which are supposed to benefit the people of Nigeria are instead diverted to other personal uses.Industry sources have said that at least 1000 barrels of national oil exports are stolen everyday.
Nigerian citizens protest against corruption |
sources-www.boston.com/news/world/africa/articles/2004/12/17/corruption
allafrica.com/stories/201202210674.html
image-nigerianews.com