Nigeria was once the first destination in Africa for Foreign Direct Investment, FDI. But now, according to a study, the country ranks nineteenth. Recently, the National Bureau of Statistics, NBS, reported that FDI flow plummeted from $9.64 bn in 2015 to $5.12 bn in 2016, a whopping 46 per cent drop. That  drop only tells part of the story and does not reveal the challenges facing the nation which badly need a lot of FDI.

Lagos, Nigeria’s high density commercial and industrial capital, is back to wearing a garb of filth as heaps of refuse have taken over the metropolis. Not quite long after medical experts had, in reaction to the development warned of a possible outbreak of epidemic as a consequence, there have been reports of deaths arising from Lassa fever infection in the state, with a lot of people under surveillance due to exposure to the disease.

Nigerians were already acclaiming the decimation of Boko Haram Islamist insurgency as a major accomplishment of the President Muhammadu Buhari government after two years in power when, suddenly, it made a disheartening resurgence.

The atmosphere of disunity which appears about to overwhelm the Nigerian polity has become a matter of urgent national importance which must be arrested. The Federal Government must roll out all law enforcement instruments to guarantee the protection of lives and property of Nigerians.

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, had last week in a public event, indicated that the Federal Government is set to compel International Oil Companies (IOCs) to cut the cost of producing oil in Nigeria. He said the move was to cope with the current low price of crude oil in the international market.