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Why Nigeria is still facing security, economic challenges – Prof Aghalino

by Tolulope Akinruli
February 23, 2024
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Why Nigeria is still facing security, economic challenges – Prof Aghalino
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Prof. Samuel Aghalino, President of the Historical Society of Nigeria, has raised poignant concerns regarding Nigeria’s economic trajectory, attributing its current challenges to a failure to capitalize on its colonial and pre-colonial economic foundations. In his recent discourse, Prof. Aghalino underscores the detrimental consequences of it’s shift towards a consumption-centric economy, lamenting the abandonment of production—a vital cornerstone for sustainable economic growth.

Expressing profound disappointment, Prof. Aghalino emphasizes the pivotal role of production in economic stability. He highlights the nation’s penchant for consumption without commensurate production, warning of the dire consequences this imbalance poses for the economy. Drawing on historical precedents, he emphasizes that sustainable economic development hinges on a robust production base, echoing the sentiment that “without production, our economy will continue to be in trouble.”

During a ceremony honoring Barr Frank Tietie, an esteemed rights activist and Executive Director of Citizens Advocacy for Social Economic Rights (CASER), Prof. Aghalino reiterated the importance of historical consciousness in shaping national policies. He contends that it’s leaders have largely disregarded historical lessons, resulting in pervasive security and economic challenges. Prof. Aghalino bemoans the absence of historical awareness in decision-making processes, arguing that a deeper understanding of the past could foster national integration and harmony.

With conviction, Prof. Aghalino calls for a paradigm shift towards leveraging historical insights for present-day development. He advocates for a return to it’s colonial and pre-colonial economic principles, emphasizing the need to build upon these foundations rather than forsaking them. By invoking historical examples of regional development, Prof. Aghalino underscores the potential for each region to chart its unique path to progress.

In recognition of Barr Frank Tietie’s unwavering commitment to Nigeria’s advancement, Prof. Aghalino bestows upon him a life membership certificate of the Historical Society of this nation. He commends Tietie’s patriotic fervor and applauds his efforts in addressing the nation’s pressing concerns. Through this gesture, Prof. Aghalino reaffirms the importance of individual contributions in collectively confronting the challenges facing Nigeria.

Nigeria

In conclusion, Prof. Aghalino’s remarks serve as a poignant reminder of the critical nexus between historical consciousness and national development. He advocates for a reevaluation of Nigeria’s economic priorities, urging leaders to draw upon historical insights to navigate contemporary challenges. By embracing a historical perspective, this country can chart a more resilient and sustainable path towards prosperity and national unity.

Source: guardian.ng

Tags: Prof. Samuel AghalinoWhat is the way out of Nigeria's Economic hardship?
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