The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.(Ernest Hemingway)
Political instability is a situation where by a country is currently going through political turmoil or unrest within a certain country. it may be also involve chaos and crisis of people within that country over political malfunction. political instability hinders the economic growth of a country.
However, instability is a process of a situation in which things a likely to change suddenly. since Nigeria got her independence we can understand that Nigerian system of government and its economic welfare had been in a dynamic states. this usually happen when new political party resumes office in the government, there is likely a physical change in the country system of government. Nigerian political system has been hindered by corruption, economic deflation, the conflict in Niger delta because of the use of oil revenue, ethnic reveries, religious dispute, kidnapping of foreign oil workers, 419 scams, all of these factors fabricate the economic growth and development of the country.
furthermore, there is no smoke without fire. Nigerian political instability might be cause by large gap between the wealth of the upper class and the low income earners, it can also be cause by poverty and bad government and also lack of quality education.
in other to opt out political crimes in Nigeria, government should endeavour to stop kidnapping , insecurity. they should also look into educational system of the country and enhance it with adequate technological development to avoid irritrency and corruption.
all hands must be on deck to make Nigeria a home with good standard of living if we help the government and I believe they will help us because nobody is perfect.
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