They Should Be Rich, But Their Economy Is Stuck in a Rut | Econ

🇳🇬 Nigeria's economy, rich in resources yet facing severe challenges. How vast oil reserves have led to corruption and mismanagement, creating a “resource curse.” 💰 The booming fintech sector, driven by a young, tech-savvy population, and the rapid growth of companies like FairMoney and PiggyVest. 📈💡 What is the impact of falling oil production, rampant theft, and widespread corruption on the economy?🛢️🔫 Despite these hurdles, Nigeria's future may hinge on innovation and diversification in tech and renewable energy. 🌍🔋 📊 #nigeria #nigeriaeconomy #nigeriacrisis

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