On October 1, 1960, as Nigeria gained independence, the population of the entire country was around 45.1 million. Fast forward to the year 2020, according to U.N, the estimated population of Nigeria is above 206 million. This can be seen as a rapidly exploding population when compared to other nations in Europe like UK (52.2 million in 1960 to 67.9million in year 2020) over the same period of time. Nigeria like all other nations of the world is also in the rat race towards material abundance and riches as measured by GDP growth rather than the general wellbeing of the populace. read more
Many analyses from various scientific disciplines imply that a growth-based economic and social system cannot have a future: Despite a growing number of technological solutions for “Green Growth”, inequality and the destruction of nature are significantly on the rise. It is high time to develop economic and social models that are independent of growth and can provide for a good life for everybody.