Nigeria as a country has been having challenges when it comes to her economy which has resulted in the increase of cost of living in the country with inflation rate at it highest peak ever.
Every day our politicians speak Big grammar about how they will make changes and make our economy work but every day that passes the situation is getting worst by the day,but looking critically at our Nigerian society I have come to the realization that we are not yet ready for economic prosperity or growth as a country, because there are factors that will determine if a country is to have economic prosperity such factors includes
Having a good security system because security is critical to the economy of any country
Good road network_ for any country to have economic prosperity then they need to create good roads for easy transportation
Political stability_ for any country to have a good economy then the political sector of that country must be stable because when ever there is crisis in the political sector of a country it will be hard for such a country to have economic prosperity, political stability also includes the level or kind of politics that is been played in a country wether the politicians are sincere about developing the country or is the Nigerian kind of politicians that are not concerned about how they will improve the economic situation of the country
Nigeria just like any other country has the ability to achieve economic prosperity, but the problem we are facing is basically our leader, sorry to say this but they have failed us in every way possible, even though we are wealthy in diverse natural resources we are still in the shadows and not at the fore front of economic prosperity. First and foremost we have failed to achieve economic prosperity because our leader have failed in investing their time and money on the right things, imagine our leaders investing heavily, financially on themselves and their fellow politicians all in the name of them being our leaders, all this money if just a little portion is channeled towards rebuilding our oil refineries or helping the unemployed youth and so on , I personally believe that there would be a rapid boost in our economy. Am not saying that the leaders shouldn't be paid or given their allowances every month but the amount should be reduced and then channeled towards enriching the lives of citizens, if this is done I know that at least one of the problems facing Nigeria as a country which may be robbery, kidnapping, theft, Internet fraudster, will be curbed.