Reasons why Nigeria is Far More Better in 1980 than We Are Today
We shouldn't be surprised. We were far more productive in 1980 than we are today In 1980 the key metric are as follows: 1) we were a net exporter of refined petroleum products. Today we import all our refined petroleum products. 2) We rode in locally assembled cars, buses and trucks. Peugeot cars in Kaduna and Volkswagen cars in Lagos. Leyland in Ibadan and ANAMCO in Enugu produce our buses and trucks. Steyr at Bauchi producing our Agricultural tractors. And it is not just Assembly, we were producing many of the components. Vono products in Lagos producing the seats. Exide in Ibadan producing the batteries, not just for Nigeria but for the entire West Africa. Isoglass and TSG in Ibadan producing the windshields. Ferodo in Ibadan producing the brake pads and disc. Tyres produced by Dunlop in Lagos and Mitchellin in Portharcourt. And I mean tyres produced from rubber plantations located in Rivers State. 3) We were listening to Radio and watching television sets assembled in Ibadan