Thursday 30 September 2010

Kidnapping in Nigeria

Nowadays in Nigeria the major way people see of making money fast is by kidnapping, gone are those days were people robbed houses. People see this as a means for making money for themselves because when a loved one of yours is taken by unknown people it will make you go through any length in order to see your loved ones again. So kidnappers capitalise on this knowing the kind of pains it will bring to the victim's loved ones thereby making them to do whatever the kidnappers demand which most commonly is to pay a ransom.All this is because of the economic situation in the country.

Kidnapping in Nigeria has seen a tremendous rise since 2007 which before then was very minimal.Before, it was only foreigners who were victims of abduction up until 2007 when there was a sudden kidnapping rampage of Nigerian nationals which include politicians/famous people children, lecturers and so on and so forth.Moreover the sums of money demanded by kidnappers have seen a ginormous drop which before were millions of dollars to as little as N10,000 (£40).

Most recently 15 primary school children were kidnapped in aba, abia Nigeria and on their way to school.A ransom of N20,000,000 (£90,000) as demanded by their abductors which was later dropped to N350,000 (£1600) because they are willing to release the children which the whole world has condemned.

The federal government has to do something about this before it gets out of hand.

Thursday 2 September 2010

Years Lost

It was recently in the news that for Nigeria to achieve uninterrupted power supply it will cost the nation 7.5 trillion naira ($50 billion) which i believe the country should have achieved long time ago.The purported fee is happens to be almost twice the country's budget for a whole year which i think is ludicrous because the country was meant to have started long time ago during the 1980s when there was an oil boom to make the country worthy of being called the giant of Africa but instead it was the opposite that was done which has led to poverty and underdevelopment.
All of a sudden the Nigerian government have woken up from their slumber and decided to embark upon development initiatives which is a little bit too late because the population of the country is  increasing and more people flocking from villages to cities searching for jobs .Nigeria has also lost many years of gaining potential growth because of mismanagement of the economy and all other things.
If the government can develop policies on economic growth it will help the economy so that the pace of growth is fast.

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