Democratic Socialist Movement (DSM)

For Struggle, Solidarity and Socialism in Nigeria

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Socialist Party of Nigeria


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Nigeria on a cliff edge - published February 2010
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Only a working people's government can save it - published November 2009
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Nigeria on the brink


26 November 2009

NIGERIA ON THE BRINK:

Nigeria on the brink

Nigeria on the brink

Only a Working Peoples' Government can save it

INTRODUCTION

It is 30 months this November that the government of Umaru Musa Yar'Adua has been in office, albeit through the most farcical election in annals of Nigeria. Like in the 8-year rule (or ruination of Nigerian economy) of his predecessor and mentor, Olusegun Obasanjo, Yar'Adua government has unleashed severe neo-liberal attacks on workers and poor masses. Nigeria is suffering from a form of Dutch disease - mass suffering and poverty in the midst of huge material and human resources. The biggest and longest run oil boom in Nigerian history that coincided with the last decade of civil rule has brought fundamentally nothing to workers and poor masses in term of infrastructural development and improved living standards. Rather, the period of boom has only recorded collapse of industries, mass unemployment, attack on public education and health care, jumbo pay for top government functionaries, brazen looting of nation's wealth by those in government and their business allies, and criminal transfer of public properties to private vampires for their profit-first interests.

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