Nigeria at 66: Not Faring Badly—Don

As Nigeria clocks 66 years of independence, the country scorecard has been put at average as Professor of Law and developmental economist, Prof. Tayo Bello, said Nigeria’s economic stability has been going up and down.
Speaking with Leadership, Bello commending the improvement in the economy which has seen GDP growth   rise from 3.9 per cent to 4.3 per cent, as against 3.9 per cent, said the growth has not translated into better welfare for the citizens of the country.
According to him, the devaluation of the naira, had eroded the purchasing power of many as “people are not faring fantastically. People who were earning lower salaries, around N17,000 or N20,000, had better purchasing...