By Adejumo Abdul-Razaq Oluwaseun (www.eraveng.com)

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Controversial Cool FM OAP, Daddy Freeze today Monday 19th September 2016 shared some steps he believes will solve Nigeria’s current economic crisis via his Instagram account.

According to Freeze researches, 4.6 million Nigerian’s lose their job due to the current recession, saying former presidents, Obasanjo and Jonathan contributed to the country’s downfall.

“The Truth About The Recession and 10 Steps To Fix Nigeria’s Economic Crisis By Dr. Peregrino Brimah
17th Sept. 2016

Nigeria needs to rapidly apply solid solutions to rescue the nation from its current recession. Millions have lost their jobs – 4.6 million according to the national statistics bureau – and millions more are suffering severe hardship and dying and at risk of death. The further down Nigeria sinks, the steeper will be the climb out of the hole.

Sadly, most of what we read from so-called economic experts is advice for the Nigerian government to consult them or others to address the economic recession. None of them has opened up in the public space, if they have the ideas, and proffered the solutions to the current economic quagmire. They keep talking like it’s some sort of riddle and as though Nigeria is not their country and they are not part of those who got the nation where it is today. Indeed we are all responsible, but most especially those who have been in governments in the past; however blaming is disingenuous and counterproductive. What Nigeria needs now is solutions.

The solutions for an economic recession, if it can be solved, are not private or secrets of any kind. This is why anyone who keeps it a mystery does not have anything good to offer. The U.S. recession was solved with simple open processes including for a big part, the “2009 Stimulus” [the American Recovery and Reinvestment Act of 2009 (ARRA)]. A few “solution” comments I have read which include, flooding the economy and diversifying, are palliative and long-term and not to address the fundamental, acute and chronic issues that are not peculiar to Nigeria. While I am not an economist by training, as an educated Nigerian with preservation of my nation at heart, it is my duty to contribute my researched analysis on the solutions for the current problem(s). How Did Nigeria Get Here?

While the Obasanjo and Jonathan governments definitely played a major role in getting us here by selling (Obasanjo privatization frenzy) all of Nigeria to cabal and looting all its earnings, it is counterintuitive to keep….. continued at www.daddyfreeze.com link in my bio”.

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