Oil is a curse for Nigeria. It is as powerful as it is counterintuitive and has made Nigeria, a poor mental giant of Africa.<\/p>\n\n\n\n
This is evident in the lack of positive socio economic impact from the humongous proceeds from the country\u2019s oil and gas production.<\/p>\n\n\n\n
Despite the enormous earnings from oil, there is little to show in terms of development.<\/p>\n\n\n\n
Hunger and anger rule the land. There is a general feeling of economic exclusion by Nigerians, fuelled by the perception that a country\u2019s resources are being siphoned away by its inept and corrupt leaders.<\/p>\n\n\n\n
read more: https:\/\/guardian.ng\/business-services\/ict-can-reverse-oil-curse\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Oil is a curse for Nigeria. It is as powerful as it is counterintuitive and has made Nigeria, a poor mental giant of Africa. This is evident in the lack of positive socio economic impact from the humongous proceeds from the country\u2019s oil and gas production. Despite the enormous earnings from oil, there is little 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is a curse for Nigeria. It is as powerful as it is counterintuitive and has made Nigeria, a poor mental giant of Africa. This is evident in the lack of positive socio economic impact from the humongous proceeds from the country\u2019s oil and gas production. 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