Article
written by Reuben Abati. Please read on.
“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.”