I want to tell the new generation of Nigeria how the economy became dead. I suspect that President Bola Tinubu might not know about it fully. He only came now and acted without asking questions.
We are all aware that in the energy supply industry, Nigeria scores zero per cent today. The flimsiest touch light cannot be produced in Nigeria any longer because of a dead national economy.
I mean that from the onset if there is administrative or governance power failure in the first supply system of the regime, the simplest style of government will fail in any national development.
Such power supply failure can adversely affect the system and render a nation's economy very baseless, with multiple killer diseases.
For instance, the Service Providers in the economy of Nigeria today serve the public at will. That is to say, they serve the masses the way they like at any time, stop at any time and kill the joy of their patrons without prior notice. It is dangerous.
This is how natural ugly circumstances appear to hurt or kill people at any time without prior notice.
Technicalities of information in the services rendered to mankind suffer neglect in the hands of the handlers.
Natural gifts for technical ingenuity can't be fostered. This started a long time ago because of negligence as the fault of governance.
It is part of the power failure which led to the death of the nation's economy far back.
The present harsh measures of the federal government by removing the final cap of the oil subsidy are like toying with a time bomb. Many people don't know the past problems that finally hacked the economy to total death.
When we talk about death we talk of an end that cannot be revived into life again. There should be a new beginning in life, which is like starting afresh another existence or survival time.
What aim does the federal government have in mind in trying to revive the nation's dead economy, instead of revisiting what caused it?
Let me first inform the federal government of Nigeria, that the revival of the dead economy of the nation is not possible by the efforts of man. This is because of the foreign involvement in it earlier on from the very beginning.
The economy of Nigeria was noticed to be in a state of coma since 1985 and died in 1995. It was in 1995 that the International Monetary Fund, IMF gave a late-hour rescue loan to General Babangida's autocratic military regime.
Instead of the lateness of the loan to help and rescue Nigeria from the effect of the economic bereavement, it worsened every effort for a new economic start, not the revival of a dead case.
Those who think that the economy of Nigeria will be revived now are daydreaming. There should be a fresh start for a brand new economic life.
An adage says that when one road closes another one will open. But Nigerians continued to cry over spilt milk, while the daydreamers of the revival of an already dead economy can't or may not do it.
Ghana had a Buchanan experience and started a new system of turnaround in their economy. They are now really succeeding already. This is because of the seriousness attached to their habit of patriotism.
Africa is envied, and a former giant of the continent, which is Nigeria, must be paralyzed. It is a strategy targeted at a nation that is economically porous, proud, unpatriotic and not very serious to solve her cumulative problems.
Of course, such a country must be able to suffer some devastating blows of death to her economy. This is due to naivety and ignorance, which is the worst disease to acquire in the immune system.
Nigeria has been so educated to a point of pride, ignorance and being naive to important issues. Much emphasis is laid on marvellous certificates, with inefficient arrogance only for fat pay packets to boast of.
No matter the level and quality of education, if there is pride, if there is ignorance, if there is arrogance and if there is much carelessness, there is going to be a stalemate in public and private disciplines.
The advanced world has a hawk eye that traces nations not serious in their economic affairs. They do capitalize on that point to deal with such nations that aren't ready to be serious about self-organized national development.
The first thing they do is to brain drain such nations and paralyze the natural domestic potentialities, only to leave the place mentally corrupt, bare or empty.
They do it to lessen the intellectual capabilities of the ignorant nations that dwell in luxury, comfort, and consumption of available economic resources, with pride and gross arrogance.
The International economic development powers in the control of the global premier business houses don't want Indigenous intellectuals to have the upper hand in any nation and be in charge of their businesses in the old independent colonies.
That's why there's a squeeze or the twisting of hands in such a nation's economy, sabotaged by conspiracy with the internal forces club of everything consumable.
Nigeria did not gain outright economic independence. She was only given an award or granted a green white and green flag of trapped independence by the British, who were the glue colonial masters to the country.
Nigeria is blessed but it turned a taboo because of arrogance that prevailed over her political manners. She missed the point of not realising her weaknesses in economic resources management.
The economic development in Nigeria did not start originally from the local or the indigenous business populace. It started with the efforts of the colonial masters who were in charge of the development of Nigeria.
During the Nigerian Civil War, the colonial masters demanded a full-fledged guarantee to safeguard their businesses in Nigeria. It was a problem confronting the future of Nigeria and her militarized ailing economy.
Nigeria had military regimes that used marshall laws, which had nothing to do with global laws of democracy. But Nigeria has a war that requires the help of the International world.
There was no alternative for the then-federal military regime of Yakubu Gowon to crush what they codenamed rebellion than to mortgage the oil economy to the colonial masters to do the job. The oil was collateral.
The mainstay of the economy, which is the oil deposit, was handed over to them for the execution of the internal war project.
It was a hidden agreement between the military regime of Yakubu Gowon and Britain to win the war of rebellion.
Since then, the economy of Nigeria has become a slave tool of the colonial masters. Nothing short of consulting them can save the nation's economy from their hands of total control.
This is the final result of the protracted illness that befell the management of the economic stability and adequate survival in Nigeria
The last effort of Gowon's regime to indigenize the whole businesses in Nigeria became impossible. The effort yielded him an overthrow of his regime. Only a few business areas were halfway retained in the hands of Nigerians, under juxtaposed supervision by foreign business owners.
It has been long since the economy started derailing without remedy till her death came finally in 1995. It is quite difficult to bring back the liveliness in the nation's already dead economy.
When we talk about a nation's economy it is like discussing a people's life-giving substance, which cannot be avoided at any time to control everyday ugly situations report about it.
Any nation, any family, anyone, any business and any creature whose life depends on how to exist economically is linked up.
The whole labour of mankind is economically based on how to exist first before any other thing is considered as relevant as maybe possible.
Life first refers to the economy before any other thing could be necessarily taken seriously, as is also important to humanity.
Economic activities have never stopped prevailing over people in the quest to carry on in life from generation to generation.
All aims and objectives point to what to do for a sustainable living. The satisfaction thereof is derived from the successful or the full realization of the number of economic efforts made by a nation or by the individuals concerned.
This is where the present federal government is concerned, over her efforts being made to see that the dead economy of Nigeria is revived. But to be frank, it is quite impossible now.
But Revival depends on Survival only where the subject matter has breathed or little life left to stabilize.
If there's no life there will be no survival. If there is no survival, there is no revival of anything that has no little breath in the society, where people make efforts just for a normal way of existence.
Something new must start to refresh another system and lubricate the functions of the engine to a new life.
At this point, there are some questions about the federal government's efforts in her bid, trying to revive the nation's already dead and buried economy far back.
What is the particular aim that the federal government has in mind in trying to revive a dead economy?
Is it to resurrect the economy from the grave? Or to make the masses survive first before other things will follow? Let's know the aim.
Is the federal government aiming at economic revival or resurrection, or survival of the masses with the present harsh measures?
For how long does the federal government want the masses to endure the pains of the present killer level of public hardship? There is a limit to everything.
Is the federal government not aware that the population of Nigeria is overwhelming, stressing up the economy daily without remedy?
Is the federal government not aware that hindrances are very rampant in Nigeria, as a result of the economic downturns on rampage?
Is the federal government not aware that people are merely tolerating the hardship? This is simply because there's no way else.
Is the federal government not aware that most of the mortuaries in Nigeria are no longer vacant because of being overloaded with dead bodies piling up daily? Is that survival?
Is the federal government not aware that small-scale businesses in Nigeria are collapsing on a da daily basis because the naira value goes down at every moment of the day? Is that economic revival or human survival?
Is the federal government not aware that the masses are now restless and also aimlessly working about without hope to survive the next day? Is it good news?
Is the federal government not aware that her political representatives are scared stiff? This is because of what has been going on in Nigeria over the economy.
Is the federal government not aware that very many heartless criminals are on the increase in Nigeria? This is because of tough times on a rampage, hurting everybody.
Is the federal government not aware that the security challenges have worsened the situation in the country daily without a halt?
What is the level of success of the federal government in stopping the security challenges and the excesses of wicked criminals, both in the offices and in public places, to allow businesses to flow freely in Nigeria without hindrances?
The federal government has not, for now, given the account of what they spent so far in the bid to cushion the effect of the hardship troubling most Nigerians.
The federal government has not told Nigerians when it intends to end the hardship, not even when the security challenges will end. There's a time limit to everything happening here on earth.
