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Article Category >>>Business and Economy

How Nigeria Can Turn Economic Recession to Economic Boom

By Gboyega Adedeji       Sep 01, 2016



How Nigeria Can Turn Economic Recession to Economic Boom

The economy of any body or nation can be described in a form as money in the pocket, food on the table, money in the bank (safe). That description seems simple though; however, it covers quite a number of things that defines everyone or country's economic condition. The areas covered include:

  • Money in the pocket - Aggregate spending;
  • Food on the table - Aggregate production;
  • Money in the bank -  Aggregate Income (Reserve).

It has been said that everyone's today was his or her tomorrow; and everyone's present was his or her future. The implication of that is very simple; whatever we all do today, will become a reason for regret or joy in the future. For every choice, there is a corresponding consequence, which cannot be prayed or fasted away - except by divine intervention! The questions we all must ask as we desire a turnaround in our economic condition are: "What was our attitude to those three factors a few years ago?"; "How did we spend what God entrusted into our care a few years ago?"; "How much of what we consumed as a people was produced by us a few years ago?"; "How much do we currently have as national savings?" It has been discovered that beneath every great discovery is great inquiry; and if we can find answers to those sincere questions or find answer to one or two of the questions; we could begin to find a way for our national economic recovery. I will pause a bit with those questions today; but will come again and again to deal with more pressing economic issues that must be addressed for a true economic boom to come! God bless Nigeria!



  
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Mentored By Jesus Christ | Writer | Inspiring Speaker | Publisher | Coach | Builder | FOUNDER @ FridaypostsHubpileWiticles| President/CEO at Centre for New Dimension Leadership | Entrepreneur | Husband & Father. Engaging me will change you!

I am a Nigerian and an Ambassador of Christ sent to Nigeria for the cause of His Kingdom. By divine-making, I read, teach and speak. I am a Dad to my children and a husband to my lovely wife Omolara. Simply, I am a Writer, Teacher, Coach, Leadership Developer, Conference Speaker and Publisher among others. I am a Creative Managing Partner at kpInspirationals, a media outfit based in Abuja. For more about me, Visit my profile page on Webnigerians, Twitter, Facebook and LinkedIn




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