Don't be so quick to write off Nigeria as a hopeless cause. I recently took a trip there and saw alot of progress. In a bout 10 years Nigeria will be dramatically improved. Tons of Chinese, Lebanese, Indians, and Arabs are moving there in droves.
I have been to Nigeria more than a dozen times from '88 to '05. After '05, I have seen all I needed to see about that country. In about 10 years, Nigeria will be a fallen state. It is not built to last, it was built for colonial exploitation and anything beyond that is not going to work. I will up this post, if I am still posting on this site. Black people view progress as a few people enjoying life while the masses that suffer continue to grow larger. My dad is there half the year and does business there. Inflation of the Naira and Chinese outsiders have hurt his business. My dad went to secondary school in Aba, a city that was known throughout Africa for manufacturing. Today, those manufacturing plants are practically dead and the Chinese are taking over. He was born in the late 40s and has a deep knowledge about the country. My mom just got back from there two weeks ago. My parents will tell you that things were better 50 years ago that it is now. Go and ask any Nigerian old enough to know. The political system is a mess and has always been. That is why exploitation of resources and people are at an all time high. Nigerian universities can't even last an entire school year without a strike because instructors are not being paid. Bribing police so that you can get past a checkpoint. Bad roads, terrible health care system, lack of electricity, lack of clean water, terrorist attacks. That is not progress breh.
Do you realize that NNPC says that 20 billion USD is missing from their oil revenue? Ethnic and religious conflict is constant there and is extremely easy for the greedy and outsiders to exploit. Visit Nigeria during election year 2015 and see if you have the same opinion about Nigeria. Even when Abacha was ruling, people would come back to the US telling us how Nigeria is getting better and Abuja is so nice and people are living a good life and building mansions, etc. That in their mind was progress.
What do you think those Chinese, Lebanese, Indians, and Arabs are there for? They are there to sign government contracts and make money. Are the locals benefiting from this? Do you know about the coal mining in Enugu that the Chinese got? Do you know how many people died doing coal mining for the evil cac British under colonialism? The Chinese will be no better. Lebanese are coming to take construction projects and make millions instead of giving it to Nigerians that have constructional engineering experience and knowledge. Go to the Niger Delta and see who is making money there. It is not the people of that region. It is northerners and outsiders from other countries. Would an American seeing Chinese, Lebanese, Indians, and Arabs coming to the US and becoming millionaires overnight be considered progress?
Naira value compared to USD
972 0.658
1973 0.658
1974 0.63
1975 0.616
1976 0.62
1977 0.647
1978 0.606
1979 0.596
1980 0.550
1981 0.61
1982 0.673
1983 0.724
1984 0.765
1985 0.894
1986 2.02
1987 4.02
1988 4.54
1989 7.39
1990 7.39
1991 8.04
1992 9.91
1993 17.30
1994 22.33
1995 21.89
1996 21.89
1997 21.89
1998 21.89
1999 21.89
2000 85.98
2001 99-106
2002 109-113
2003 114-127
2004 127-130
2005 132-136
2006 128.50-131.80
2007 120-125
2008 115.50-120
2009 145-171
Be honest and tell me if this progress?