TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

The cost of national depression

The Citizen by The Citizen
May 6 2016
in Opinion, Uncategorized
A A
1

By Reuben Abati

“I hear the World Bank says Nigeria is now the worst place to do business in the entire world.”

“ I don’t believe it.”

“I also hear that of the 15 fastest growing economies in Africa, Nigeria is no longer on the list.”

“ I say I don’t believe that. And stop hearing bad things.”

“We are not even in the top 10 of the World Top 10 oil producers anymore. Yet, we used to be No. 6.”

“ I still don’t believe that.”

“Inflation is now 13.2%, or well may be 12.8%.”

“Story”

“If you go to the market with N400 to buy pepper, that amount can’t get you enough pepper to fry two eggs.”

“Stop eating eggs. Too much cholesterol is bad for your health.”

“Moody’s has also just downgraded Nigeria in its ratings for end of March 2016.”

“Moody’s?”

“Yes. It is a credit and investment ratings corporation.”

“It is called Moody? What do you expect, then, other than a moody report?”

“Our rating by Standard and Poor’s is also negative.”

“I see. Standard and Poor’s giving a poor rating. So?”

“We are talking serious economics, not word play”

“I hear you”

“Even Fitch says our economy is in the negative.”

“Let them all keep fishing for negative information, I say I don’t believe it”

“And as it is, it looks like Nigerians have adjusted themselves to the reality of paying as much as N200 per litre for fuel?”

“In your village? In our own town, fuel is just N140 per litre.”

“And you think that is okay? At a time the spot price of crude oil is dropping internationally?”

“Stop reading those foreign reports. Stop feeding into the Afro-pessimism narrative.”

“You don’t believe this. You don’t believe that. Everybody is saying a hell-hole has appeared, and you are insisting you don’t believe it.”

“Sorry.”

“The Nigerian Bureau of Statistics has also reported that foreign investments inflow into Nigeria is down by73.79%, the least in 9 years, and total capital importation has fallen by 89.13%. GDP growth is the lowest in 9 years.”

“Hold on, one second… Now listen to me in Minister Kemi Adeosun’s voice: we are implementing a planned economy here, dum-b-hea-d”

“The kind of phone calls I receive these days. All artisans that I know have been calling me to ask if I have a job for them. The electrician called yesterday to ask if my air conditioners were not giving problems. I said No. He said what of the television sets? I said they were all working. He even asked whether Madam has not complained about any appliance in the kitchen.”

“That is a potential burglar, staking out territory.”

“Shortly after he dropped the phone, the mechanic also called to ask if the car was alright. I said yes. He asked if I was not hearing any unusual sound. I said No.”

“Your mechanic is stalking your car. What is that? Call the police.”

“But don’t you understand? There are no jobs in town.”

“Who is saying so?”

“I am, based on the evidence of my eyes and what I have been hearing.”

“And you have not heard that the Federal Government has launched a plan to create 1, 000 jobs per week by getting people to become masquerade dressers?”

“Masquerades?”

“Yes. Those masquerades that need 100 people to dress them;  and another 100 to undress them. If every Nigerian community organizes a masquerade festival every week, all this nonsense about people not having jobs will end. It is the most profound official contribution to this unemployment narrative so far.”

“You just like to trivialize things.”

“How, it is simple economics. Imagine the number of tailors that will also be engaged.”

“You can’t be serious.”

“I am. Your electrician and mechanic will be better off joining the masquerade gang of Nigeria.”

“Who is proposing this?”

“ I don’t mention names, please.  It is the idea that matters.”

“But come to think of it, I see some sense. We are actually a nation of masquerades.  Masquerades in high and low places; masquerades behaving like ancestors when they are actually mere mortals.”

“It is the day motor jam masquerade that you will know he is a human being. Even the whole economy has become a masquerade.”

“But this thing about festivals.”

“It happened in ancient Rome. The Romans had over 170 festivals in a year. They were a source of unity for the Empire.”

“I don’t think Nigerians are asking for festivals, and an opportunity to dance, they want jobs and money in their pockets.”

“But you know the truth and why I don’t believe all these tales? Foreign investors will never give up on Nigeria. We have the biggest market in the whole of Africa. It is the source of our strength. If you like let a thousand kidnappers strike per day, all the airplanes on the Nigerian route will still be fully booked all year round. At the height of the Boko Haram and the Niger Delta crises, investors still rushed into Nigeria to look for opportunities. What they may be doing now is a kind ofsiddon look. It will pass.”

“If we sort out the economy.”

“What I know is that we are better than Venezuela.”

“So, Venezuela is now the standard?”

“They have oil, we have oil.”

“But Venezuela is now a failed state, for failing to manage its oil wealth very well.  You need like a bag load of money to buy any essential commodity in that country. Is that what you want in Nigeria?”

“God forbid bad thing!”

“God?”

“I say God forbid bad thing!”

“This is about God?”

“Everything in this country is about God. That is why I agree with people who are now saying that the way forward is to approach God for help. Even the masquerades will offer prayers and speak to God through the ancestors.”

“Well, some people are not going to God. One man in Lekki yesterday, decided to climb an electric pole. He threatened to hug the electric wires and die. He said he would only change his mind if he was given N5 million.”

“Only N5 million, not N45 million?”

“The people called the Fire Service. Fire Service said they should call PHCN. They called PHCN; those ones said call the police. The police came, the Fire Service too, after about six hours. They begged the man but when he didn’t listen, they just went away.”

“The officials left the scene?”

“Yes. Everybody tried to talk to the man. He insisted on N5 million or nothing.”

“Don’t worry, it is the Tee Billz spirit in every Nigerian. So what happened in the end?”

“ I don’t know.”

“The man was not ready to die. He should have jumped straight into the Lagoon instead of climbing an electric pole.  And did he tweet and Instagram his drama like Tee Billz?”

“Well, I think government should just make it clear that anybody who wants to die should not disturb public peace, they should just go ahead.”

“That’s cruel. I expected the Lagos State government to be pro-active and offer that man some money. May be N1 million, and then rehabilitate him.”

“One ginni? If anybody gave that man money, you’d be surprised by tomorrow morning, you will find half of Lagos on top of electric poles, asking for money. Even me sef, I fit climb pole or hug transformer, but my own no be to die oh, na to collect money.”

“That is it… the strongest sign of the state of the nation. People are just going crazy. That was how one guy went to a fuel station in Lagos, stark naked, saying he would not dress up unless he was allowed to buy fuel. Nobody listened to him.”

“Don’t worry, they will all get used to it. It is a matter of time. Or it may just be that Nigerians love drama. Everybody has become a Nollywood artist; there is more drama outside Nollywood today.”

“What I don’t even understand is why people use the social media these days to kill people. You’d just wake up one morning and read a fabulous story about someone dying when they are actually alive.  It must be only in Nigeria that death is used as an instrument of blackmail.”

“They did it to Chief Tony Anenih. He has had to announce that his traducers will be the ones to die before him.”

“They also did it to King Sunny Ade, IBB, Desmond Elliot”

“I blame the media. It is called irresponsible journalism.”

“No, blame the bloggers. Using the social media to announce a death that has not happened should be taken as a crime: a clear case of attempted homicide.”

“Ha, wait oh”

“What?”

“I just remembered something.”

“What?”

“I hear Baba OBJ has just donated a chimpanzee to an animal centre. Do you want to know what the Chimpanzee is called, named by the Baba himself?”

“Just shut up that your mouth!”

“Hear me first now. Try and exercise some Patience.”

“I say keep the name to yourself.”

“This is your problem. You don’t believe things you should believe and yet you don’t have the Patience to learn about things you don’t know.”

“Thank you. So, what are you, yourself donating to the animal centre? How about you donating a cow?”

“Cow ke? I don’t want any problems, please. I may donate one of my dogs.”

“Hen, don’t try that! I’ll send you one article I have just read. It says dog meat is medicinal and that it can cure malaria. It is also fortifies the human spirit and when you eat the testes, it is like taking Viagra. Current research findings!”

“Nonsense, I can’t eat dog meat. A dog is a man’s best friend.”

“The article says it contains energy, fat, protein, Vitamin A, Vitamin C, calcium, iron, thiamine, niacin.”

“You are salivating! If any of my dogs should disappear, I’ll bring the police to your doorstep.”

“Which ones? The same police who cannot rescue a man who wants to commit suicide. They will rescue a dog?”

“Just don’t go about telling civilized people that here, in Nigeria, we eat dog meat to cure malaria and impotence. Argggh!”

“You think Oyinbo people don’t know? Sit down there.”

“I hear…”

“You and the things you hear”

“I hear the Senate is recommending death sentence for kidnappers”

“Kidnappers. How about rapists? Look, what we need, to save Nigeria, most urgently, is a National Depression Initiative. People are depressed. It is why they say and do stupid things. ”

“I also hear….”

“Ok. Enough of these things you hear. I have heard enough today.”

 

Previous Post

Super Eagles retain position in latest FIFA ranking

Next Post

Man attempts suicide, hangs on electric pole for 5 hours

Related Posts

Remi Tinubu under fire over akara, roasted corn remarks
Opinion

Beyond ‘akara’ leadership

July 6 2026
Trump’s U-turn on Iran war ends Israel’s Middle East dream
Opinion

Trump’s U-turn on Iran war ends Israel’s Middle East dream

June 17 2026
Terrorists kidnap Army Major General, wife in Katsina
Opinion

Slain General: When the protectors need protection

June 17 2026
Bandits attack mosque, kill 1, abduct 9 in Kaduna
Opinion

When terrorism becomes the talk of town

June 9 2026
Of bandits and their informants/sponsors
Opinion

Of bandits and their informants/sponsors

June 1 2026
Nigeria at critical juncture – Vanguard
Opinion

Nigerian economy: The street is not smiling!

June 1 2026
Next Post

Man attempts suicide, hangs on electric pole for 5 hours

Lagos govt demolishes street gates to ease traffic flow

Comments 1

  1. Sijibomi says:
    10 years ago

    Not worth the read, the guy was a part of the past problem that engineered this new problem. If you like, do not believe it

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Sokoto LG chairman quits APC, resigns from office

Sokoto LG chairman quits APC, resigns from office

by The Editor
July 8 2026
0

...

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

Court grants indigenous status to Hausas born in Jos North

Court grants indigenous status to Hausas born in Jos North

by The Editor
June 11 2026
0

...

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

by The Editor
June 11 2026
0

...

APPOINTMENTS

Tinubu appoints Fayose REA chairman, names 25 others

Tinubu appoints Fayose REA chairman, names 25 others

by The Editor
July 20 2026
0

...

Tony Elumelu to step down as UBA chair, bank names successor

Tony Elumelu to step down as UBA chair, bank names successor

by The Editor
July 6 2026
0

...

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

by The Editor
July 3 2026
0

...

Tinubu appoints new NUC chairman

Tinubu appoints new NUC chairman

by The Editor
June 23 2026
0

...

ODDITIES

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

by The Editor
July 23 2026
0

75-year-old man bags 10 years jail for defiling minor

75-year-old man bags 10 years jail for defiling minor

by The Editor
July 16 2026
0

Court remands blogger over defamation of Soludo, son

Court remands blogger over defamation of Soludo, son

by The Editor
July 13 2026
0

GLOBAL NEWS

Republican senators mount drive to oppose Biden certification

Insecurity: Instead of addressing persecution, Nigeria launched PR campaign – Ted Cruz

by The Editor
July 23 2026
0

...

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

by The Editor
July 21 2026
0

...

US Congress okays bill to cut foreign aid to Nigeria

US Congress okays bill to cut foreign aid to Nigeria

by The Editor
July 17 2026
0

...

Nine European countries, Ukraine form defence coalition

Nine European countries, Ukraine form defence coalition

by The Editor
July 14 2026
0

...

Putin orders Russian nuclear forces on high alert

EU, UK hit Russia with joint sanctions over cyber attacks

by The Editor
July 14 2026
0

...

State of the States

Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

Osun: I’ve kept my promise of good governance – Adeleke

by The Editor
July 23 2026
0

...

Lagos blames heavy rainfall for worsening road conditions

Lagos blames heavy rainfall for worsening road conditions

by The Editor
July 17 2026
0

...

Kogi govt confirms rescue of abducted principal, NECO official, two students

Kogi govt confirms rescue of abducted principal, NECO official, two students

by The Editor
July 17 2026
0

...

Anambra agency cracks down on illegal street trading, shanties in markets

Anambra agency cracks down on illegal street trading, shanties in markets

by The Editor
July 14 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
APM accuses presidency of twisting Trump’s letter on Tinubu’s anti-terror fight

APM accuses presidency of twisting Trump’s letter on Tinubu’s anti-terror fight

July 23 2026
Lives of All Nigerians Carry Equal Value: ICADAR responds to Senate, House calls for reconsideration of Police withdrawal from VIPs

Minority caucus stages walkout as Reps pass Tinubu’s State Police bill

July 23 2026
Republican senators mount drive to oppose Biden certification

Insecurity: Instead of addressing persecution, Nigeria launched PR campaign – Ted Cruz

July 23 2026
Apapa gridlock must be resolved permanently – Punch

Apapa gridlock must be resolved permanently – Punch

July 23 2026

EDITORIAL REVIEW

Apapa gridlock must be resolved permanently – Punch

Apapa gridlock must be resolved permanently – Punch

by The Editor
July 23 2026
0

Duty waivers must not become a fiscal hole – Punch

Duty waivers must not become a fiscal hole – Punch

by The Editor
July 20 2026
0

State airports: White elephant epidemic – Punch

State airports: White elephant epidemic – Punch

by The Editor
July 17 2026
0

Jega resonates loudly on Electoral Act underbelly – Punch

Jega resonates loudly on Electoral Act underbelly – Punch

by The Editor
July 14 2026
0

Almajiri Commission: Stop this budgeting absurdity – Punch

Almajiri Commission: Stop this budgeting absurdity – Punch

by The Editor
July 13 2026
0

Opinion

Remi Tinubu under fire over akara, roasted corn remarks

Beyond ‘akara’ leadership

by The Editor
July 6 2026
0

...

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 2026
0

...

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.