BEARS & BULLS
Bulls: Vietnam Bails Out Nigeria
Last week, the Nigerian-America Chamber of Commerce (NACC) and the Nigeria-Vietnam Chamber of Commerce organized Stakeholders’ Forums in Lagos to bail out Nigeria via the development of its non-oil sector.
As encouraging as this may seem, it is a shame that Nigeria has degenerated to the state that it is begging to be assisted by any country in every sector of the economy; from agriculture to railways, roads to electricity, technology and even security.
Vietnam is ranked 126th (below Nigeria) on the world richest countries with a $5,983.24 Gross Domestic Product (GDP) based on purchasing-power-parity (PPP) per capita. While Nigeria is rated 124th Nigeria at $6,467.23
God help Nigeria!