Economic Degradation

[DragonF]

in a country i think the government should prioritize the the people to have a home. giving them a head start where they can feel safe and somewhere to rest their heads. and it doesn't motivate them i they can't find a place. i think finland did this to their people also. prioritize the country and not the war of other countries by sending billions to them while homelessness grows each day.

Yeah of course you do have a point. Actually practically speaking if you check countries that have good citizenship benefits and a proper economic status, you find out that some of the citizens are still not satisfied with the improvements and amenities of the government but still it's understandable since humans are unsatiable.

Citizens will not complain if the benefit is proportionate to the amount paid by taxpayers. These foreigners always desire utility, and when it is not available, they are dissatisfied, and we in this part of the world desire those things that they are dissatisfied with simply because we do not enjoy any of those benefits, and so from a distance, those benefits appear to be omnibus, whereas citizens over there sometimes believe that those benefits are not commensurate with the tax they pay.

This is similar to a situation in which you make a reservation for a place and the reservation includes some benefits. Obviously, you will want to receive all of the benefits associated with the reservation, and if you are denied even one of the benefits, you will complain given the amount you have spent. This is how it is with taxpayer money. 

[Stuart]

What else could be down to lift the economy of this country? How does the western world did theirs.....how do we meet up with them.....we all need to be determined to be part of it.....to take the economy of this country to a greater height.......I think involve in crypto currency is one way to b self dependent and reliance.....#StickingToAltcoinstalk....

The Economy of this country is supposed to be the very best world wide, and to be a country where foreigners always want to visit amongst African countries. But rather, reverse became the case.

The ex and president leaders of the country prefer to make their investments outside the country, steal money from the country's Treasury and take it out of the country for their own personal investment, helping in growing the Economy of other countries.

Nigerian educational system is a major factor why Nigerian youths prefer to travel out for their education, because our own has been bastardized and made of no effect. If our educational system can be upgraded, I know very well, that Nigerian youths got innovative and creative minds.

Before we can look towards growing to rub shoulders with the Western countries, we need to fix a whole lot from the beginning/grass root.

As for the crypto currency, the government who later became aware of the potentials in the system, they blocked it and made a rule that whosoever is cause making crypto transactions with his/her bank account, the account will be seized, blocked or restricted. Why? Simply because they want everyone to be under them financially. But the Almighty has a way of keeping his own going.

[Stuart]

in a country i think the government should prioritize the the people to have a home. giving them a head start where they can feel safe and somewhere to rest their heads. and it doesn't motivate them i they can't find a place. i think finland did this to their people also. prioritize the country and not the war of other countries by sending billions to them while homelessness grows each day.

Yeah of course you do have a point. Actually practically speaking if you check countries that have good citizenship benefits and a proper economic status, you find out that some of the citizens are still not satisfied with the improvements and amenities of the government but still it's understandable since humans are unsatiable.

Citizens will not complain if the benefit is proportionate to the amount paid by taxpayers. These foreigners always desire utility, and when it is not available, they are dissatisfied, and we in this part of the world desire those things that they are dissatisfied with simply because we do not enjoy any of those benefits, and so from a distance, those benefits appear to be omnibus, whereas citizens over there sometimes believe that those benefits are not commensurate with the tax they pay.

This is similar to a situation in which you make a reservation for a place and the reservation includes some benefits. Obviously, you will want to receive all of the benefits associated with the reservation, and if you are denied even one of the benefits, you will complain given the amount you have spent. This is how it is with taxpayer money.

Speaking with sincerity of heart, we here find it so difficult to have the very basic needs for day to day survival. Because of the growth in knowledge in the wide field of Internet today, every mobile phone owners have to get themselves power bank, as a backup, because there is no light, which is a needful utility for every citizens of a country. As for water, clothing and housing, everyone is OYO (On Your Own)

Every workers working under government registered organization pays tax at the end of the every single month. And yet not seeing any reason for the purpose of paying tax. Small business owners also pays tax, getting no support in anyways. Nigerians has adjusted themselves to every possible position that will be suitable for survival, and yet the government continues to press on more ways to extort money from it's citizens.

One that pains me the most is the recent policy placed on all Micro-Finance Mobile Banks, that any transactions made from #10k up a deduction of #50 naira should be taken. These are the only banks that has a cheap rate for transactions, without side deductions on daily basis unlike the native banks of the country.

[Joshikinz]

What else could be down to lift the economy of this country? How does the western world did theirs.....how do we meet up with them.....we all need to be determined to be part of it.....to take the economy of this country to a greater height.......I think involve in crypto currency is one way to b self dependent and reliance.....#StickingToAltcoinstalk....

Well to meet up with the western country is very much difficult because we lack the proper leader to take us there. Imagine our leaders focusing on how they would change National Anthem as well as implementing a new educational system,  instead of focusing on other relevant issues that the citizens face which may include things like poverty, unemployment, insecurity, inflation. So seeingthe kind of country we are as citizens we can become self independent by entering into the word of cryptocurrency because as a wise field there are various aspects one can focus on and begin to earn without necessarily depending on the government. The to change our life lies with us as individuals and bonafide members of Nigeria

[DannyD234]

Even the western countries are also having their issues and problems instead of us comparing ourselves with them let look inward and solve the problem no need to emulate others country, we are the problem and also we are the solution. Things like tribalism is one of the major issues we face in this country voting people into power because they are of the same tribe should be a thing of the past but that is what is killing us, and also they should be a body that regulate the pricing of things in this country the way people put prices on things is very bad I understand they wan to make profit but it should be too much Una wan kill person for this country, the government should find how to stop or reduce inflation in the country if inflation is reduced there will be proper pricing, all this can lead to economic stability.

[Chilwell]

Well to meet up with the western country is very much difficult because we lack the proper leader to take us there. Imagine our leaders focusing on how they would change National Anthem as well as implementing a new educational system,  instead of focusing on other relevant issues that the citizens face which may include things like poverty, unemployment, insecurity, inflation. So seeingthe kind of country we are as citizens we can become self independent by entering into the word of cryptocurrency because as a wise field there are various aspects one can focus on and begin to earn without necessarily depending on the government. The to change our life lies with us as individuals and bonafide members of Nigeria

Each country is different in their own ways and their uniqueness is also different. If our government is ready to take our country to the next level we may even do better than other countries. But instead of focusing on the necessary things i.e the need of the citizens, the government focused on changing the national anthem which is not going to add any positivity to the life of the citizens, but better still it may be the gain of the governments that is why the government insisted in changing it and it was made possible. the government always did everything on their favor and doesn't bother about the opinions of the citizens. But the introductory of cryptocurrency as being a very big favor to a lots of Nigerians and it is better to find our way to survive rather than depending on the governments.

[Joeboy]

What else could be down to lift the economy of this country? How does the western world did theirs.....how do we meet up with them.....we all need to be determined to be part of it.....to take the economy of this country to a greater height.......I think involve in crypto currency is one way to b self dependent and reliance.....#StickingToAltcoinstalk....

Nigeria is a unique and blessed country, it is rich with all kinds of mineral resources, and if this resources are properly utilized, Nigeria can definitely outperform even some of this top leading country.
For this natural resources to be properly utilized for the benefit of the nation our leaders have to have to foresight to be able to implement this.
Sincerely speaking if Nigeria begins to depend more on export rather than import it will help reduce most of the expenses that we tend to incur.

[Cantsay]

You are talking about Nigeria being revived and also talking about the western world, have you taken your time to do a little research on the western nations and how they got to where they are now? Most of these western nations once went through what Nigeria is currently experiencing but it took the will of the people and activities to change the system through some processes which I will not mention.

It’s like comparing a single step to a million steps - it’s true that some of the western countries were once like this but the truth is that they didn’t become developed by turning a blind eye on things that are causing destruction just because “it’s not happening to me, so why should I be bothered about it?”.

Some other Africa countries have a higher chance of becoming more developed than this country because our own problem is we ourselves in this country and until we realize it crypto and the rest won’t lead to better economy it will only just help a handful of citizens to live better life than others.

[Roseline492]

Nigeria is a unique and blessed country, it is rich with all kinds of mineral resources, and if this resources are properly utilized, Nigeria can definitely outperform even some of this top leading country.
For this natural resources to be properly utilized for the benefit of the nation our leaders have to have to foresight to be able to implement this.
Sincerely speaking if Nigeria begins to depend more on export rather than import it will help reduce most of the expenses that we tend to incur.

Nigeria is blessed with a lot of things but the utilization of those things are the problem and if they feel they are not capable of handling it they should have look for people who can do it for them but is funny that having those so much resources are just a mare name, actually this country would have been so much better if those things are properly handled and put to a useful purpose.

The country are not supposed to be depending on importation of things because we can literally do or manufacture almost 80% of what we are importing, the country are just the ones making it impossible and it might get worster if they continue that way.

[DragonF]

Nigeria is blessed with a lot of things but the utilization of those things are the problem and if they feel they are not capable of handling it they should have look for people who can do it for them but is funny that having those so much resources are just a mare name, actually this country would have been so much better if those things are properly handled and put to a useful purpose.

The country are not supposed to be depending on importation of things because we can literally do or manufacture almost 80% of what we are importing, the country are just the ones making it impossible and it might get worster if they continue that way.

True, Nigeria has the human and material resources to compete with world powers, but only a few people control the country's fate. The issue we face is one of leadership, and whether we like it or not, when a country's leadership fails, it affects other units within the country, including the production unit.

It is difficult to change this narrative because those who rise to power do so to protect their Godfather's interests rather than to benefit the country. This is unfortunate because our country is now managed as a private investment. Until this narrative changes, our country will not see the light of development and prosperity. 

[Azharul]

Cryptocurrency is also be very important source for earn best profit in this time. If we want to growth our economic conditions, crypto currency trade and investment will be best source for earn best profit. But if we want to trade, we should understand in cryptocurrency market carefully, because without knowledge in cryptocurrency market and trading system we can not earn best profit from cryptocurrency market. Another we thought investment is also a best profitable source, if we invest correct time. Because understand in cryptocurrency market and crypto knowledge is one of the best way for earn huge profit.

[DragonF]

Cryptocurrency is also be very important source for earn best profit in this time. If we want to growth our economic conditions, crypto currency trade and investment will be best source for earn best profit. But if we want to trade, we should understand in cryptocurrency market carefully, because without knowledge in cryptocurrency market and trading system we can not earn best profit from cryptocurrency market. Another we thought investment is also a best profitable source, if we invest correct time. Because understand in cryptocurrency market and crypto knowledge is one of the best way for earn huge profit.

Legalizing cryptocurrency assets in our country is an excellent step in the right direction. It means that our country is gradually becoming more digital and is prepared to follow in the footsteps of advanced nations. I am not surprised to hear that the government will pay workers with cryptocurrency assets.

Not only has cryptocurrency been legalized, but ponzi schemes have been abolished, and promoters of ponzi schemes face a 10-year jail terms, putting an end to the scams associated with ponzi schemes. This is beneficial for a country seeking to advance. 

[Axcel777]

Cryptocurrency is also be very important source for earn best profit in this time. If we want to growth our economic conditions, crypto currency trade and investment will be best source for earn best profit. But if we want to trade, we should understand in cryptocurrency market carefully, because without knowledge in cryptocurrency market and trading system we can not earn best profit from cryptocurrency market. Another we thought investment is also a best profitable source, if we invest correct time. Because understand in cryptocurrency market and crypto knowledge is one of the best way for earn huge profit.

Legalizing cryptocurrency assets in our country is an excellent step in the right direction. It means that our country is gradually becoming more digital and is prepared to follow in the footsteps of advanced nations. I am not surprised to hear that the government will pay workers with cryptocurrency assets.

Not only has cryptocurrency been legalized, but ponzi schemes have been abolished, and promoters of ponzi schemes face a 10-year jail terms, putting an end to the scams associated with ponzi schemes. This is beneficial for a country seeking to advance.

This idea is compatible with my perspective that allowing the usage of cryptocurrencies is the progression of legalising digital assets. The society that is willing to embrace the advancement in technology will definitely be in a better position to compete for the opportunities of the world. However, it seems safe to also note that it should not be taken too fast without proper monitoring as well. In this article, Crypto is portrayed as what it holds the possibility for a bright future though there are a lot of possible hazards to which it is vulnerable. It is, therefore, essential to enhance the legal accountability for investors alongside proper legal taxation. This must be anticipated seriously especially given the fact that in this situation there are many individuals who get an opportunity to make personal profits. If the regulation is clear, having good protection it’s possible to proceed without have to risk the lives of the people.

[Joeboy]

What else could be down to lift the economy of this country? How does the western world did theirs.....how do we meet up with them.....we all need to be determined to be part of it.....to take the economy of this country to a greater height.......I think involve in crypto currency is one way to b self dependent and reliance.....#StickingToAltcoinstalk....

Well to meet up with the western country is very much difficult because we lack the proper leader to take us there. Imagine our leaders focusing on how they would change National Anthem as well as implementing a new educational system,  instead of focusing on other relevant issues that the citizens face which may include things like poverty, unemployment, insecurity, inflation. So seeingthe kind of country we are as citizens we can become self independent by entering into the word of cryptocurrency because as a wise field there are various aspects one can focus on and begin to earn without necessarily depending on the government. The to change our life lies with us as individuals and bonafide members of Nigeria

Our leaders simply fail to prioritize, they tend to focus on things which are not necessary things like changing of the educational system as well as the change of the national anthem like you said. And this misplaced priority has been a big blow to the face of the citizens. Nigerian is a very rich country most of this money are generated from the crude oil we have in the country my very question is  why isn't some of the money used to better the lives of the citizens as well as the country, this is where the misplaced priority comes in as those money are used on things which are not necessary.