Economic Growth in Nigeria: "The Challenges"

"Challenge of Economic Growth in Nigeria”

Kingsley Moghalu

1. Nigeria must establish an economic philosophy from which its economic vision will be derived, and set out a vision that will drive economic policy and management. Such a vision must make clear the respective roles of the state and the market, and its position on capitalism and its various adaptations – entrepreneurial, crony capitalism, state capitalism, and welfare capitalism. The economic ecosystem will operate and be managed within this framework.
2. Economic management should be overhauled. The President should establish a full-time Council of Economic Advisers, headed by a Chairman that will serve as Chief Economic Adviser, that researches and monitors the economy 24/7 and advises the President on actions to take to enhance economic growth. This council, composed of 5 or 6 members, should be Nigeria’s economic team. Ministers holding economic portfolios should not be members of this team; rather they should focus on execution and the achievement of targets set by the President, as advised by the Council of Economic Advisers. The Council’s members should have expertise in the main areas of economic growth ambition or policy such as fiscal policy (in particular taxation reform), industrial policy, trade policy, energy economics, and economic history, economic philosophy and political economy.
3. From 2019, the Federal Government of Nigeria should establish a concrete economic diversification plan with a concr

HERE IS WHY I AM AGAINST CATTLE COLONY

History is strongly against its contemplation. Please tell whoever cares to listen.
This is for those who try to make compelling case for the economic advantages of cattle colony proposals.

Can we also get the in-depth look at the political and socio-cultural implications and complications viz-a-viz the fears
WHAT IS COLONY?
The stories of Zamani Lekwot and Col. Yohanna Madaki. Cattle colony is not a new thing in Nigeria. It has existed long before independence and it is called Zango. Zoro has existed in many areas of Yoruba land. Till today, there is Sango Otta, the home country of our former president. Sango is a corruption of Zango.
There is Zangon Kataf in Zonkwa, Kaduna State. When the Fulani's came there, they did not tell the natives that they were coming to settle. They just asked for a small land by the market as shed to sell cattle.
This was granted them. The Fulani's soon gained entrance into Kafanchan town andbefore long, they turbanned one of themselves and addressed him, Emir of Jemaa.Jemaa in Hausa means, ALL. When the natives raised eye brow, they said theempire was going to be their own king, not the Kafanchan people.
During the military, the Southern Kaduna people got a local government with the name, Jemaa Local Government. Later, Zonkwa got a separate local government and the local government was named Zangon Kataf Local Government. The emir of Jemaa go.