-What is a major problem in Nigeria that is preventing the economy from being one of the strongest and most stable economies in Africa?

Question

a.Government integrity
b.Government corruption
c.Having to borrow money from other countries around the world
d.Low fiscal expenditures (government spending of tax money)

Answer 1

b. Government corruption

Government corruption is a major problem in Nigeria that significantly hampers economic growth and development. It undermines trust in public institutions, diverts resources from essential services, and disincentivizes both domestic and foreign investment, ultimately preventing the economy from reaching its potential as one of the strongest and most stable in Africa.