Inflation – A Symptom of a Sick Nation
The latest inflation figures released by the Nigerian Bureau of Statistics have revealed a disheartening state of affairs. The headline inflation rate has surged to a staggering 29.9%, a level that has not been seen since 1996. This is an indication of an unprecedented rise in the cost of living, and citizens across the country are feeling the pinch. The situation has reached a boiling point, with protests breaking out in various states as people demand urgent action from the leaders. It is a time of great distress and uncertainty, and the nation’s managers must adopt innovative strategies to tackle this crisis.
Imagine Nigeria as a patient in an emergency ward, struggling to survive. Its exchange rate is like high blood pressure, while inflation is like a tempting fever that won’t go away. The economy’s productivity is low, just like a patient’s bone marrow not producing enough blood. And with low purchasing power, like a patient lacking oxygen, Nigeria desperately needs help.
To make things worse, corruption has invaded the system like a virus, while security has broken down like a weakened immune system. The country’s institutions are dysfunctional, like multiple organ failure.
But there is hope. Nigeria needs to be admitted into an Economic Intensive Care Unit for immediate stabilization before it enters a coma and faces possible death. Elder statesmen, captains of industries, retired generals, academia, and well-meaning individuals like consultants need to rise to the occasion and provide guidance and direction to the current managers.
As Nigerians, we have the power to make a difference. Just as a patient’s family provides crucial support for their loved one, we too can step up and take action to help Nigeria recover. It is time for us to unite and stand up for our nation so that we can get back on track and build a brighter future for all.
As you have rightly written, Nigeria is currently in a dire strait. A quick, intentional, systematic and pragmatic multi-prong approach is needed.
All hands must be on deck. My major worries however, does our current drivers aware of the current state of things and the sincere desire to revamp the system? Are they ready to allow and accept constructive solutions from well meaning and concerned individuals/organizations (not looking at it from the political prism)
Your analysis about the current situation of Nigeria is very true. Some of believe in the future of Nigeria but our politicians are frustrating our resolve. They are just too reckless but like you advise we will keep standing up for our dear nation in our little capacity. God bless you sir and God bless Nigeria
Splendid analysis as always. The questions for me are: how did we get here and how exactly do we get ourselves out of this?
Your comparison with the body system of a patient with life threatening diseases is definitely not only accurate but ingeniously put together. Great piece.
I can’t agree less
I will lend a few thoughts to why the actions and inactions of this govt is not (yet) striking the right cords to give us hope. By the way, what we need is living hope…. that’s what the Holy book says..✌️
1. I feel the govt came in to remove all the support the sick nation in ICU is getting… drips, blood infusion etc was cut off abruptly with, hoping agbo, prayers and waiting for some time(renewed hope) will give us heal the sickness. Well, we see the result.
2. The govt didn’t show any evidence of a plan or dose whether agbo or prayers to succor or heal this patient despite claiming knowledge of the problems, best qualified to fix, ready, and next in line (emilokanism).
3. Why remove the drips hydrating this patched soul in the name of subsidy( actually price increase) to have more money to share amongst subnationals and nationals ?
4. Then we remove the blood infusion from a patient whose blood marrows have collapsed and created more pressure on the little blood produced because we have removed water supply to fund dollar acquisition (draining remaining blood)
5. What has not been a concern is the people who are feeling the pain… no evidence of a better plan to touch them, only route known is the one that will cost a trailer load of water drips, but only 1 unit will touch the body of the sick patient and the rest looted… (palliativism)…
Well, while a lot of people are saying these are the right steps but will be painful and will require some time… if there is true hope, it will have some timeliness, because there is a plan… see why I say living hope is what I know off.
Still waiting for the recovery timeliness except for hope or renewed hope.. done forget we have been hearing hope since forever. ..
I rest my case here