Three Keys To Nigeria’s Economic Transformation.

Everyday, we are buffeted by the stark reality of our economic paralysis.

Our Country is endowed with some of the world’s most precious resources yet we endure some of the toughest living conditions.

Our citizenry is a blend of the wealthiest people on the continent as well as the poorest people on the planet- a shocking mix of princes and paupers. Whilst a few of us can afford the luxuries of life, most of us barely get by and would even consider a meal of burger and chips a rare delicacy.

It is a paradox that in recent times, we have recorded a higher GDP with each new year, yet we have also recorded a higher cost of living as well as a lower standard of living.

Think about the 5o million able-bodied people who have no jobs and have to hustle just to keep body and soul together. Some of them live on your street and “hang around” all day, trying their hands on various ventures hoping that something will “click”. Many of such people may be called “glorified beggars” as they would do almost anything to eke a living.

What about the 70 million people who go to bed every night with nothing to swallow…except their pride?

The facts and figures stare us in the face. Poverty is ravaging our nation at an alarming rate. As our economic situation worsens, people are becoming more desperate. You don’t need to be a prophet to know that it’s either we change or perish.

I choose to say “IT’S TIME FOR CHANGE”.

I do not intend to analyze the ugly situation we have in our hands. Most Nigerians I know are gifted at analyzing our economic doldrums. The reason I’m writing  this is to proffer simple solutions to the complex problem that we have created over the last five decades.

I have a few recommendations…and it’s my prayer that you will make good use of the points I’m sharing here, regardless of your political inclination, social class, financial status, religious persuasion or tribe.

These are the three keys to Nigeria’s economic transformation:


“Integrity” is from the word, “Integer’ which means “whole number”.

Integrity is the state of being a single whole.

A person of integrity says what he means and means what he says.

You might be shocked to realize that a nation with people who lack integrity is like a building with a weak foundation. Any economy built on lies, selfishness and an unbridled appetite for wealth is bound to collapse.

According to a World Bank report, 80 percent of  Nigeria’s oil and gas revenue benefits only 1% of the Nigerian populace because of corruption. Now, that’s appalling. Our God-given resources are siphoned into the pockets of a few people who pledge to serve  the Nation yet  turn around to serve themselves. Our nation is bedeviled by a host of dishonest and deceitful men and women.

Our biggest need is a generation of people whose deeds are in congruence with their creeds.

It’s important for us to note that this is not just about political officers and government functionaries. This is about everyone of us.

Nigerian leaders are first Nigerians before they are leaders. More often than not, our leaders are a reflection of our citizenry. I have heard people say that they will embezzle if they get elected into public office. The same people lambast the current leaders we have.

Many of us keep pointing accusing fingers at corrupt leaders but it’s time for us to look inwards and make the necessary adjustments in our own lives.

If you are a pastor, don’t steal church money.

If you are a policeman, stop exploiting motorists.

If you are a customs officer, don’t take bribes.

If you are an accountant, don’t doctor financial records.

If you are a businessman, don’t cheat your customers and clients.

We can’t fix Nigeria without first fixing Nigerians.

Let’s start with you. Work on yourself but more importantly, ask God to work on you.

Let’s get it right individually then it would be easier to progress corporately.

Trying to fix the economy without embracing INTEGRITY is like trying to fill a basket with water.


Kindly share this link on facebook, twitter and any other media you have access to. It will touch and transform thousands and perhaps millions of lives.

I’d also like to read your comments.

P.S.: Watch out for the other two keys.


10 thoughts on “Three Keys To Nigeria’s Economic Transformation.

  1. This is a profound piece that spells out exactly what is threatening the survival of our beloved country Nigeria from the claws of poverty and penury .If Nigerians realise that it is from the little “in-house” actions that all the mentioned vices emanate from and we make a commitment to changing from within, then we’ll be ready to take our place in the commitee of Nations.Mahatma Ghandi puts it succintly:we must “be the change we want to see in the world”

  2. Akin, thanks for lending your voice.
    Very well said.
    I really hope and pray we get it right individually and consequently as a nation.

    May God help us as we help ourselves!

  3. Definitely without integrity,the country moves nowhere.Until each person means something good can we make our country good.A very large number of nigerians are sycophants,they begin to say you are good so long ‘you are good to them’, they care less what the evil others are experiencing.Until we move from supporting people simply because they are our relations or town’s men can we get a nigeria suitable for all to live.The change definitely can not happen until it begins with you and I as an individual.

  4. Integrity… That’s the WORD. “A nation does not develop by the Virtue of Her Wealth but the Wealth of Her Virtures”… Sunday Adelaja

  5. You’re pretty right, Damilola. My heart breaks at the fact that 80% of our oil and gas revenues only benefits 1% of the populace. Corruption has reached endemic heights and you can practically feel the stench of it on the streets. In my area, too many young folks gather only to ‘waste’ time arguing about Football etc, because, they are not creatively engaged. God help us. But we the enlightened must become shining lights, rallying points and a beacon of hope of the many disillusioned who live amongst us.

  6. It’s a great piece I agree, but what will be greater is if everyone that has read it takes a conscious effort to act it ( and that includes me). Very few people act on the truth and the result is evident where you find those people! I choose to stop the accussations against ‘Nigerians’ and begin to act the way I want others to act! Maybe, just maybe this change in 1 Nigerian will have a ripple effect and change the whole of Nigeria. It begins with me, it begins with you! Thank you Dami for heralding this era of change! Yes we can, Yes we will and Yes we must deliver the future!

  7. Thanks bro for hitting it where it matters the most.
    I believe that those keys will unlock our long awaited transformation indeed.

  8. all dt we r represented is succintly unveiled in ds begins 4rm d homefront:dad kpn his promises.mums stating d exact prices of monthly estimates n children stating d true price of recommended texts.its abt gvn our all or nothin,bein true 2 God;ourselves n odas…

  9. Gr8 piece but we need 2 always ask God 4 grace, play our part in d life our youths and at thesame time change their thought pattern, create a paradigm shift dat will propel internal passion 4 change and give every youth dat urgent sense of call from victim mode 2 solution mode.I LOVE BRO.

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