Showing posts with label boom. Show all posts
Showing posts with label boom. Show all posts

Tuesday, April 23, 2013

Nigeria: On the throes of infrastructural boom?




NIGERIA, home to over 160 million people, has, over the years, been called the giant of Africa, due particularly to its large population and abundant natural resources. However, the ‘giant of Africa’, over the years, has been plagued by the corrupt attitude of its leaders and people in power. This has stalled the economic and infrastructural growth of the nation and encouraged the scourge of poverty among its citizens.
For decades, the nation depended on its agricultural products and later, with the discovery of crude oil, petroleum resources which till date, has helped grow the country’s economy but not without attendant crises from the Niger Delta region from where the bulk of the crude oil is extracted.

ST

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