Harvard expert Sam Amadi told people at Benson Idahosa University that Nigeria wastes money on fancy projects. The country builds expensive flyovers for show rather than roads that help farmers. Citizens need power and schools more than political displays. Amadi spoke during a lecture about economic policies on Thursday. He said leaders keep changing, but real problems stay the same.
Central Bank official Mustapha Sagagi blamed corruption for massive debt and rising poverty across Nigeria. The economist said leaders printed over 30 trillion naira without creating matching economic value. Poor coordination between government departments makes good policies fail. Sagagi teaches at Dangote Business School and sees the damage from reckless spending. Recent monetary changes have helped stop the naira from crashing to dangerous levels.
Economist Ayo Teriba wants private companies to run power plants and railways like they do with telephones. He said the government cannot handle infrastructure properly alone. Agriculture loses 60 percent of its crops after harvest because transport systems work badly. University leaders called for more action instead of endless talking about problems. The experts met to find real solutions for Nigeria's struggling economy.
Central Bank official Mustapha Sagagi blamed corruption for massive debt and rising poverty across Nigeria. The economist said leaders printed over 30 trillion naira without creating matching economic value. Poor coordination between government departments makes good policies fail. Sagagi teaches at Dangote Business School and sees the damage from reckless spending. Recent monetary changes have helped stop the naira from crashing to dangerous levels.
Economist Ayo Teriba wants private companies to run power plants and railways like they do with telephones. He said the government cannot handle infrastructure properly alone. Agriculture loses 60 percent of its crops after harvest because transport systems work badly. University leaders called for more action instead of endless talking about problems. The experts met to find real solutions for Nigeria's struggling economy.
