Editorial
Misery Index: Shame Of A Nation
The recently published Global Misery Index (GMI) report listing Nigeria as the sixth among the first 10 most miserable countries in the world is, to say the least, most regrettable.
The report, made public by an economist from Johns Hopkins University in Baltimore, United States, Steve Hanke, said Nigeria’s unemployment rate formed the major contributing factor to its miserable state, indicating a consistent year-in, year-out retrogression in the number of people employed over the last three decades.
Nigeria ranked behind Turkey, Brazil, Iran, Argentina and Venezuela which holds the inglorious title of the most miserable country in the world in 2018, as it did in 2017, 2016, and 2015. The misery index was calculated using economic indices, including unemployment, inflation and bank lending rates.
According to the report, the modified misery index is the sum of the unemployment, inflation and bank lending rates, minus the percentage change in real Gross Domestic Product (GDP) per capita in the 2018 Misery Index rankings which surveyed well over 95 nations that report relevant data on a timely basis.
While The Tide acknowledges the fact that negative news such as this about Nigerian no longer come as a surprise to most Nigerians, we find it highly disturbing and shameful that a nation which prides itself as the giant of Africa and most populous Black nation in the world is still enmeshed in absolute poverty and misery despite its huge abundance of human and natural resources.
It is appalling that since its founding, Nigeria has been burdened with numerous economic crises with high unemployment, inflation and bank lending rates, most of which can be laid at the feet of domestic mismanagement, currency problems and insecurity. And there appears to be no end to the problem.
We believe that persistent misconception of sound economic policies consequent upon inability of government to tackle the continuous increase in the level of poverty in the rural areas have resulted in the drastic reduction of human development in the country over the last couple of years.
Also, government’s unwillingness to adopt appropriate income diversification strategies has negatively affected human capacity development despite human and natural resource endowments and relatively high per capita gross national income.
Recently, a Professor of Agricultural Economics at the Ibrahim Badamasi Babangida University, Lapai, in Niger State, Professor Eniola Oluwatoyin, while delivering an Inaugural Lecture on the topic, “Poverty in the Midst of Plenty – The Challenges of Farming Households in Nigeria”, equally identified over-growing population and adverse effects of climate change as having propensities to exacerbate poverty.
According to the university don, the fact that female-headed households were at more poverty level than male-headed households due to poor access to formal education and modern production procedures also remains another major contributor to the high poverty rate in the country.
We, therefore, urge governments at all levels, and other drivers of the nation’s economy to take urgent measures to evolve workable strategies that will create jobs and reduce the menace of poverty to the barest minimum among the citizenry.
Governments at all levels should, as a matter of urgency, put in place legislations, policies and programmes that will encourage manageable household sizes through family planning, proper education as well as good governance.
Deliberate steps should be adopted to ensure transparency and sincerity in the quest to reduce corruption, while efforts must be intensified to improve the farming system and development of farmers’ cooperative societies.
Nigeria must also overcome the battle with the daily challenges of food security, including farmers/herders clashes, and even distribution of limited resources for the development of the nation’s economy to salvage the country from the pangs of poverty and misery.
Editorial
Strike: Heeding ASUU’s Demands
Editorial
Making Rivers’ Seaports Work
When Rivers State Governor, Sir Siminalayi Fubara, received the Board and Management of the Nigerian Ports Authority (NPA), led by its Chairman, Senator Adeyeye Adedayo Clement, his message was unmistakable: Rivers’ seaports remain underutilised, and Nigeria is poorer for it. The governor’s lament was a sad reminder of how neglect and centralisation continue to choke the nation’s economic arteries.
The governor, in his remarks at Government House, Port Harcourt, expressed concern that the twin seaports — the NPA in Port Harcourt and the Onne Seaport — have not been operating at their full potential. He underscored that seaports are vital engines of national development, pointing out that no prosperous nation thrives without efficient ports and airports. His position aligns with global realities that maritime trade remains the backbone of industrial expansion and international commerce.
Indeed, the case of Rivers State is peculiar. It hosts two major ports strategically located along the Bonny River axis, yet cargo throughput has remained dismally low compared to Lagos. According to NPA’s 2023 statistics, Lagos ports (Apapa and Tin Can Island) handled over 75 per cent of Nigeria’s container traffic, while Onne managed less than 10 per cent. Such a lopsided distribution is neither efficient nor sustainable.
Governor Fubara rightly observed that the full capacity operation of Onne Port would be transformative. The area’s vast land mass and industrial potential make it ideal for ancillary businesses — warehousing, logistics, ship repair, and manufacturing. A revitalised Onne would attract investors, create jobs, and stimulate economic growth, not only in Rivers State but across the Niger Delta.
The multiplier effect cannot be overstated. The port’s expansion would boost clearing and forwarding services, strengthen local transport networks, and revitalise the moribund manufacturing sector. It would also expand opportunities for youth employment — a pressing concern in a state where unemployment reportedly hovers around 32 per cent, according to the National Bureau of Statistics (NBS).
Yet, the challenge lies not in capacity but in policy. For years, Nigeria’s maritime economy has been suffocated by excessive centralisation. Successive governments have prioritised Lagos at the expense of other viable ports, creating a traffic nightmare and logistical bottlenecks that cost importers and exporters billions annually. The governor’s call, therefore, is a plea for fairness and pragmatism.
Making Lagos the exclusive maritime gateway is counter productive. Congestion at Tin Can Island and Apapa has become legendary — ships often wait weeks to berth, while truck queues stretch for kilometres. The result is avoidable demurrage, product delays, and business frustration. A more decentralised port system would spread economic opportunities and reduce the burden on Lagos’ overstretched infrastructure.
Importers continue to face severe difficulties clearing goods in Lagos, with bureaucratic delays and poor road networks compounding their woes. The World Bank’s Doing Business Report estimates that Nigerian ports experience average clearance times of 20 days — compared to just 5 days in neighbouring Ghana. Such inefficiency undermines competitiveness and discourages foreign investment.
Worse still, goods transported from Lagos to other regions are often lost to accidents or criminal attacks along the nation’s perilous highways. Reports from the Federal Road Safety Corps indicate that over 5,000 road crashes involving heavy-duty trucks occurred in 2023, many en route from Lagos. By contrast, activating seaports in Rivers, Warri, and Calabar would shorten cargo routes and save lives.
The economic rationale is clear: making all seaports operational will create jobs, enhance trade efficiency, and boost national revenue. It will also help diversify economic activity away from the overburdened South West, spreading prosperity more evenly across the federation.
Decentralisation is both an economic strategy and an act of national renewal. When Onne, Warri, and Calabar ports operate optimally, hinterland states benefit through increased trade and infrastructure development. The federal purse, too, gains through taxes, duties, and improved productivity.
Tin Can Island, already bursting at the seams, exemplifies the perils of over-centralisation. Ships face berthing delays, containers stack up, and port users lose valuable hours navigating chaos. The result is higher operational costs and lower competitiveness. Allowing states like Rivers to fully harness their maritime assets would reverse this trend.
Compelling all importers to use Lagos ports is an anachronistic policy that stifles innovation and local enterprise. Nigeria cannot achieve its industrial ambitions by chaining its logistics system to one congested city. The path to prosperity lies in empowering every state to develop and utilise its natural advantages — and for Rivers, that means functional seaports.
Fubara’s call should not go unheeded. The Federal Government must embrace decentralisation as a strategic necessity for national growth. Making Rivers’ seaports work is not just about reviving dormant infrastructure; it is about unlocking the full maritime potential of a nation yearning for balance, productivity, and shared prosperity.
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