Nigeria’s economy is facing a perilous downturn, with experts warning of the consequences of continued mismanagement and nepotistic policies. Pat Utomi, a prominent political economist and management expert, has sounded the alarm, attributing the country’s economic woes to dirigiste policies and the prioritization of nepotism over merit.

Utomi’s critique underscores the need for a strategic shift in governance, emphasizing the importance of adhering to a national plan rather than succumbing to reactionary measures. He cautions against panic and impulsive policy decisions, urging the Tinubu administration to chart a course that prioritizes meritocracy and long-term economic stability.

Credit: Arise News