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Showing posts from August, 2023

Credit Alert: The Importance of a Functional Credit System

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Imagine a Nigeria where dreams are nurtured, businesses flourish, and innovation thrives - all made possible by a robust credit framework. Credit is the lifeblood of any free market economy, fostering investment, innovation, and entrepreneurship. It fuels the engine of growth, allowing individuals and businesses to take calculated risks, expand operations, and contribute to overall economic prosperity. A robust credit system not only enables access to capital but also empowers dreams, creating a positive ripple effect throughout the society. The credit system is like a financial bridge, connecting those who have excess capital with those who need it to invest, grow, and create opportunities. In Nigeria, however, this bridge has shown some cracks, affecting individuals, businesses, and the entire economy. The stark reality is that our credit system is marred by challenges that require collective wisdom and strategic action. This article aims to shed light on the current state of Nigeria...

"Let My People Go": The Unseen Cost of Mediocrity in Education

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  As we navigate the intricate tapestry of Nigeria's economic landscape, a profound concern emerges. We witness it everyday but typically turn a blind eye to it as it has become ingrained in our actions and attitudes – the lurking shadow of mediocrity. This pervasive issue holds back our nation's progress, stunts its growth, and undermines its potential to flourish. Mediocrity, often camouflaged as complacency, is a formidable foe in our quest for economic prosperity. It stealthily permeates education, infrastructure, governance, and beyond, weakening the very fabric of progress. In my previous article, we discussed the benefits of meritocracy and why it is pertinent for economic growth. In this article, let's examine the economic cost of mediocrity in Nigeria, exploring its impacts on the education system. By understanding the consequences of accepting mediocrity, we can collectively work towards a brighter future for Nigeria. The Unseen Cost of Mediocre Education Educatio...