British business newspaper, the Financial Times, has described Nigeria as a country going backwards economically, a country plagued with terrorism, illiteracy, poverty, banditry, and kidnapping. The newspaper says Nigeria risks becoming a failed state if leaders do not take a step to reverse the trend.
The newspaper says the abduction and subsequent rescue of more than 300 school boys in Kankara, Katsina State, revived memories of the abductions of 276 Chibok school girls in Borno State in 2014.
The newspaper says the government’s claim that no ransom was paid to the abductors remains doubtful, especially as the citizens have showed so much scepticism.
Financial times says insecurity is gaining popularity by the day, so much so that, at the time the rescued boys were going home, Nigerian pirates abducted six Ukrainian sailors off the coast.
The editorial says, going by the definition of a failed state, Africa’s most populous country is teetering on the brink.
The newspaper also questioned the claim by the president, that Boko Haram had been technically defeated.