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Kankara boys

Nigeria “is teetering on the brink” of becoming a failed state ~FT

By on December 22, 2020 0 113 Views

“If nothing is done, long before then, Nigeria will become a problem far too big for the world to ignore.”

With the ravaging insecurity in the country and the incidents of kidnapping, banditry and insurgency, Nigeria “is teetering on the brink” of becoming a failed state.

According to the Financial Times of London, Nigeria, Africa’s most populous country fit into the yardstick of a failed state where “the government is no longer in control.”

In an editorial published on Tuesday, the influential tabloid stated that Nigeria as a country going backwards economically and plagued with terrorism, illiteracy, poverty, banditry, and kidnapping and risks becoming a failed state if things don’t take a drastic turn.

In the editorial, “Nigeria at Risk of Becoming a Failed State,” the newspaper wrote that the abduction and subsequent rescue of over 300 schoolboys in Kankara, Katsina State, revived memories of the 276 Chibok schoolgirls abducted in Borno State in 2014.

It said while the government’s claim that no ransom was paid to the abductors of the schoolboys remains doubtful, other acts of criminality could not be overlooked.

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“The government insists no ransom was paid. Skepticism is warranted. In a country going backwards economically, carjacking, kidnapping and banditry are among Nigeria’s rare growth industries.

“Just as the boys were going home, Nigerian pirates abducted six Ukrainian sailors off the coast.

“The definition of a failed state is one where the government is no longer in control. By this yardstick, Africa’s most populous country is teetering on the brink,” newspaper wrote.

The newspaper also questioned the claim by the government of President Muhammadu Buhari that Boko Haram had been technically defeated.

“President Muhammadu Buhari in 2015 pronounced Boko Haram technically defeated.

“That has proved fanciful. Boko Haram has remained an ever-present threat. If the latest kidnapping turns out to be its work, it would mark the spread of the terrorist group from its north-eastern base.

“Even if the mass abduction was carried out by ‘ordinary’ bandits — as now looks possible — it underlines the fact of chronic criminality and violence.

“Deadly clashes between herders and settled farmers have spread to most parts of Nigeria. In the oil-rich, but impoverished, Delta region, extortion through the sabotage of pipelines is legendary,” Financial Times wrote.

The newspaper said security is not the only area where the country is failing.

It said that there are more poor people in Nigeria than any other country even as Nigeria has the highest number of out of school children on earth.

“Security is not the only area where the state is failing. Nigeria has more poor people, defined as those living on less than $1.90 a day, than any other country, including India.

“In non-Covid-19 years, one of every five children in the world out of school lives in Nigeria, many of them girls.

“The population, already above 200 millio, is growing at a breakneck 3.2 percent a year. The economy has stalled since 2015 and real living standards are declining.

“This year, the economy will shrink 4 percent after Covid-19 dealt a further blow to oil prices. In any case, as the world turns greener, the elite’s scramble for oil revenue will become a game of diminishing returns.

“The country desperately needs to put its finances, propped up by foreign borrowing, on a sounder footing.

“In its three remaining years, the government of Mr Buhari must seek to draw a line in the sand. It must redouble efforts to get a grip on security.

“It also needs to restore trust in key institutions, among them the judiciary, the security services and the electoral commission, which will preside over the 2023 elections.

“More than that, Nigeria needs a generational shift. The broad coalition that found political expression this year in the EndSARS movement against police brutality provides a shard of optimism.

“At least Nigeria has a relatively stable democracy. Now Nigeria’s youth — creative, entrepreneurial and less tainted by the politics of extraction — should use that system to reset the country’s narrative.

“A new, slimmed-down state — ideally one with fewer, bankrupt regional assemblies — must concentrate on the basics: security, health, education, power and roads.

“With those public goods in place, Nigeria’s young people are more than capable of turning the country round.

“At the present trajectory, the population will double to 400 million by 2050. If nothing is done, long before then, Nigeria will become a problem far too big for the world to ignore.

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