Opinion
The Agony Of Poor Economy
Hunger and famine
are parts of human existence. At one time or the other, every generation is prone to facing one problem or the other. But it is the duty of people in leadership position to proffer solutions to such problems.
When there was a revelation of seven years of economic boom and seven years of severe famine in Egypt, it was Joseph who advised Pharaoh on how to handle the future economic problem. Silos were built to store farm produce gathered during the bumber harvest. That was how Egypt survived hunger and starvation. Indeed, when the famine was too severe for people in the region to bear, the sons of Jacob went to Egypt to buy food for their survival.
People are bound to suffer when there is no enough food in the land to quench the hunger. And people suffer also when there is no money to purchase the food in the market.
For about one year now, Nigerians have been facing one of the worst economic crises. The cost of living has skyrocketed above the usual price. Tomato that was a common commodity in the market is now out of reach of the common man. Rice is now gold in the market, while a basin of garri which before now cost N1,800 has jumped to N2,700.
It is worrisome to see the sky-rocketed increase in prices of staple or common commodities. Everything has gone out of the reach of common Nigerians including transport fare and house rent. Yet, many Nigerians are being sacked from their jobs on daily basis.
Indeed, the poor state of the economy is not only limited to Nigeria, it is global. For instance, in Venezuela, the citizens are gnashing their teeth as Nigerians do. But the question is, should this agony continue?
There is no money in circulation. Only a few rich individuals control the nation’s resources and have access to good life. The rest of the population pay through their noses to eat the three square meals. Many Nigerians find it difficult to eat even one meal not because they lack appetite, but as a result of lack of money and inflation.
People cannot get access to fishes again, because the rivers and seas are polluted. The little fishes available are expensive. There is an untold hardship on Nigerians.
Nigerians all over the country are suffering from one form of economy crisis or the other. But the food crisis is the worst. Therefore, the government as a matter of urgency, should embark on aggressive mechanized farming. Nigeria has arable and fallow lands that can be cultivated for commercial farming. We are also endowed with Atlantic oceans, seas, rivers, creeks that can boost fish farming. Nigeria therefore, does not need to import food or fish to feed her population.
It is a pity that Nigeria imports fish for local consumption. No wonder, few months ago, some Chinese were apprehended on high sea with trawlers full of fish. If fishing trawlers from China can come to Nigeria territory for fishing, what does it tell the world abut Nigeria?
The Federal Ministry of Agriculture should, as a matter of fact, encourage fishing activities in the country. It is wrong and heart-breaking to suffer in the midst of plenty. Virtually everything is imported into Nigeria for use. Little wonder Nigerians are lamenting high cost of commodities in the market.
I think the Nigerian government should borrow a leaf from the early Egyptians by planning for rainy days. There is need for the government to build reservoirs across the country for storage of surplus agricultural products.
Some years ago, fishes were wasted in some local communities as a result of no storage facilities. This is unacceptable. Therefore, government should assist by making available cold rooms to fishermen and women to store fishes and sea food that are difficult to preserve.
President Buhari shortly after returning from his 14th day medical examination in London, urged Nigerians to pray for an improved economy. This underscores the uncertainty that surrounds the Nigerian economy. Therefore, all hands must be on deck to improve the economy of the country for massive food production.
Ogwuonuonu writes from Port Harcourt.
Frank Ogwuonuonu
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