Security Challenges And Stagflation Are The Unfortunate Reality In Nigeria And What Are The Solutions?

By
Abbati Bako,psc,bsis,Kent-alumni,UK And Researcher In International Politics—–

Economically speaking, there are only two classes of people in Nigeria today; you either have or you have not. Pure and simple! Most of the poor people in Nigeria prepare to move into eternity rather than continue living in an unbearable economic hardship and precarious condition. Can Tinubu’s “Renewed Hope Agenda” succeed and be imitated by other African nations?

Can APC and President Bola Ahmed Tinubu be able to get Nigeria out of the economic recession, aridity and melting economy as well as security challenges?

Factually, poor people in Nigeria are getting fed up with democracy and accumulating anger in this capitalist ideology of the 21st century called American-centric or American age.

My first point of call is to find out the meaning of security challenges (called insecurity), as defined by experts as well as by the recent dictionaries of contemporary English and other languages.

*Stagflation——-

“1. (economics) Inflation accompanied by stagnant growth, unemployment or recession.

  1. Translations (inflation accompanied by stagnant growth)
    French: stagflation
    German: Stagflation
    Italian: stagflazione
    Portuguese: estagflação
    Russian: стагфляция
    Spanish: estanflación

3.inflation or inflationism

An act, instance of, or state of expansion or increase in size, especially by injection of a gas.The inflation of the balloon took five hours (economics). An increase in the quantity of money, leading to a devaluation of existing money (economics). An increase in the general level of prices or in the cost of living. Due to inflation, the monthly gym fee is rising by 10% from January. (economics) A decline in the value of money. Undue expansion or increase, as of academic grades (cosmology). An extremely rapid expansion of the universe, theorized to have occurred very shortly after the Big Bang. And so on.

*Security challenges or insecurity——-

  1. A lack of security; uncertainty.
    Synonyms: insecureness
    Antonyms: security

A lack of confidence in oneself. Synonyms: insecureness, self-doubt
Antonyms: security, self-assurance, self-confidence.

The state of being subject to danger (physical, economic, or otherwise).
economic insecurity
Synonyms: exposure, insecureness, precariousness, precarity, vulnerability
Antonyms: safety, security.”

*An Analysis of the situation——-

To be continued InshaAllah———

Abbati Bako,psc,bsis,Kent-alumni and Researcher in International Politics and PhD,.Scholar and speciality on Globalization Policy@Skyline,Un,KN

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