NIGERIAN ECONOMIC ENVIRONMENT
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Yet again, weeks were slipping by as 2021 is rolling
out our hope of relief from toiling in the field wrestling a scant living from
the hostile social political economy seemed in doubt would turn positive from
the look of things presently. So far the country’s economy had not grown fairer
with all the dependence of the economy on Oil. The contribution of Oil alone to
foreign exchange cannot make sustainable economic development. However, in the
current interruption of the covid, omicron now the fall in the world demand
following on inflation led to increase in prices of product and services. As
more and more people lament, as more and more furtively passed over money,
confidence is starting to wane. –Kingston O. Samuel
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