It is easy to take things for granted when they are going well, but when they go wrong, we come to realize that certain things are more important than others.
People can find time to make an issue of the reduction in our foreign reserves, because we have plenty of food in the market.
To be sincere, Nigeria has had an abundance of food. Thanks be to God and thanks be to a revamped Agricultural environment.
I am personally surprised that after the recent devaluation of the currency, and some adjustment in the Monetary Policy Rate( MPR), the prices of food items in the market remain fairly stable, keeping overall inflation much lower than I had predicted which indicates a higher proportion of locally produced food items.
Does anybody remember 1984-1986, when we had to queue for food items and other necessities, including soaps and detergents in Leventis Stores and other shops.
The days of essential commodities ( Essenco) and import licensing when many companies including mine downsized or closed down because they could not bribe to get enough import license .
I am sure Nigerians have taken for granted the availability of Petrol and diesel. In the last couple of years, except for occasional hiccups caused by striking workers (NUPENG & PENGASAN), we have had almost hassle -free availability of Petrol and Diesel in virtually every nook and cranny of the Nation selling at controlled and deregulated prices, depending on your distance from Abuja or Lagos.
What is more, the price of diesel began to come down, helping to reduce cost of production for industrialists.
I have lived in this Country for long, and from the Military to now, we have never had a better supply situation.
Many times in the past, we have spent valuable time running around looking for fuel and sometimes ending up with adulterated or foul fuel. I stand to be corrected.
If all these have not happened because of good economic management, then tell me what is.
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