Nigerian Economic Challenges with Bad Policies: Actionable Tips and Advice for Nigerians
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Nigeria is a country with a rich history and culture, and a vast amount of natural resources. However, the country also faces a number of economic challenges, including bad policies. One of the biggest economic challenges facing Nigeria is corruption. Corruption is widespread in all levels of government and society, and it siphons off billions of dollars each year that could be used to invest in the economy and improve the lives of Nigerians. Another major economic challenge is the lack of infrastructure. Nigeria has a poor road network, unreliable power supply, and inadequate water and sanitation facilities. This makes it difficult for businesses to operate and for Nigerians to get around. The government's economic policies have also been criticized for being harmful to the economy. For example, the government's import restrictions have made it more expensive for businesses to import goods, and have led to higher prices for consumers. The abolished government's fuel subsi...