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Who Are The Real Owners Of Nigeria

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Who Are The Real Owners Of Nigeria?

Nigeria is a country blessed with abundant natural resources and a rich cultural heritage. It is the most populous country in Africa, with a population of over 200 million people. Despite its vast wealth, Nigeria is plagued with corruption and inequality. The question that begs to be answered is, who are the real owners of Nigeria? In this article, we will explore the answer to this question.

The Colonial Era

Nigeria was colonized by the British in the 19th century. During this period, the British exploited Nigeria's natural resources and established a system of governance that favored them. The colonial masters set up a system of indirect rule, where they relied on traditional rulers to govern the people. This system of governance was designed to ensure that the British maintained control over Nigeria's resources and people. The real owners of Nigeria during this period were the British colonial masters.

The Post-Independence Era

Nigeria gained independence from British rule on October 1, 1960. The country was then led by a series of military and civilian governments. During this period, the political elite in Nigeria amassed wealth and power at the expense of the common people. They used their positions of power to siphon Nigeria's resources for their personal gain. The real owners of Nigeria during this period were the political elite.

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The Current Era

Nigeria is currently led by President Muhammadu Buhari, who assumed office in 2015. His government has been fighting corruption and trying to restore Nigeria's lost glory. However, Nigeria is still plagued with corruption, inequality, and poverty. The real owners of Nigeria in the current era are those who have access to power and resources.

The Elite Class

The elite class in Nigeria is made up of politicians, businessmen, and religious leaders. They control Nigeria's resources and wield immense power. They use their positions of power to enrich themselves at the expense of the common people. The elite class is composed of individuals who have access to political power, control over business empires, and influence in religious institutions. They are the real owners of Nigeria.

The Oil Industry

Nigeria is a major oil-producing country, with oil accounting for over 90% of its export revenue. The oil industry is controlled by a few multinational corporations and Nigerian elites. These corporations and elites make billions of dollars from Nigeria's oil reserves while the common people suffer from poverty and lack of basic amenities. The real owners of Nigeria's oil industry are the multinational corporations and Nigerian elites.

The Military

Nigeria's military has played a significant role in the country's governance. The military has ruled Nigeria for a total of 29 years out of its 60 years of independence. During the military era, the military elites amassed wealth and power at the expense of the common people. The real owners of Nigeria during the military era were the military elites.

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The Common People

The common people in Nigeria are the most affected by the corruption and inequality in the country. They are the ones who suffer from poverty, lack of basic amenities, and insecurity. The real owners of Nigeria should be the common people, but unfortunately, they are the ones who have been left behind.

The Way Forward

Nigeria's wealth belongs to its people, and it is time for the country to be run for the benefit of all. The government must prioritize the welfare of the common people over the interests of the elite class. There must be a concerted effort to fight corruption and ensure that Nigeria's resources are used to benefit all Nigerians. The government must also invest in education, healthcare, and infrastructure to improve the lives of the common people.

Conclusion

In conclusion, the real owners of Nigeria are those who have access to power and resources. This has resulted in widespread corruption and inequality, which has left the common people behind. It is time for Nigeria to be run for the benefit of all, and not just the elite class. The government must prioritize the welfare of the common people and ensure that Nigeria's resources are used to benefit all Nigerians. Only then can Nigeria reach its full potential and take its rightful place in the world.