Nigeria is a country of nearly 200 million people and is the largest economy in Africa. It is also a country where, despite great potential, its citizens face numerous challenges ranging from economic hardship and poverty to political instability, insecurity and corruption. These issues have been further compounded by the COVID-19 pandemic, leading to a decline in the country's GDP, job losses, and a rise in extreme poverty levels. 

Economic woes have been a problem for Nigeria for many years. Despite being a major oil producer, the country suffers from a lack of diversification in its economy, resulting in an over-reliance on oil for revenue. This has left the country vulnerable to volatile oil prices. The World Bank estimates that over 50% of Nigerians currently live below the poverty line and over 30% of the population is unemployed. In addition, Nigeria’s economic growth rate has slowed in recent years, with the IMF predicting a contraction of 3.4% in 2020 due to the pandemic. 

Nigeria's a myriad of issues also include widespread poverty, political instability, endemic corruption, a lack of infrastructure, and a security crisis in the northern part of the country. These issues have been exacerbated by a lack of response from the government. This lack of response has been a source of frustration for the citizens of Nigeria, who feel that their government is not taking the necessary steps to address these problems and ensure the country's long-term stability.

The severity of the situation has been highlighted in recent months by the Boko Haram insurgency. The group has wreaked havoc in the north of the country, killing thousands of people and displacing millions more. The government's response has been lackluster at best, as it has failed to provide adequate security or to address the root causes of the insurgency. As a result, the situation has only gotten worse, with no end in sight.

The government's failure to respond to this crisis has been a source of constant criticism from citizens and the international community alike. The government has been accused of not taking the issue seriously enough and of not doing enough to protect the people of Nigeria. This has been compounded by the fact that the government has been plagued by corruption, with much of the money allocated to the security sector being wasted or misappropriated.

The lack of response from the government has also had a devastating effect on the economy. The security crisis has caused a sharp decline in investment and foreign aid, leading to rising unemployment and a weakening of the currency. The government's lack of response has only exacerbated the problem, leaving citizens feeling hopeless and frustrated.

However, experts argue that though Nigeria has been facing numerous woes over the years from grinding poverty and inadequate infrastructure to political instability and security issues, with the situation often seen as a tragedy, a closer look reveals that there is more to the story than meets the eye. In this media report, we will take a closer look at the various woes Nigeria is facing, and provide a statistical justification for why it can be argued that the situation is more of a farce than a tragedy. 

The first issue that needs to be addressed is poverty. According to World Bank data, about 87 million Nigerians, or about 46.3 percent of the population, lived in extreme poverty in 2020. This is a staggering figure, and it is easy to see why it is a tragedy. However, the same data shows that poverty levels have been decreasing over the last decade, from a high of 69.9 percent in 2010 to the current 46.3 percent. This suggests that while poverty is still a major problem in Nigeria, the situation is improving, and it can be argued that the situation is more of a farce than a tragedy. 

The second issue that needs to be addressed is infrastructure. According to The Nigerian Infrastructure Report, only about 1 percent of the population has access to adequate infrastructure. This is an abysmal figure, and it is easy to see why it is a tragedy. However, the same report shows that the Nigerian government has been investing heavily in infrastructure in recent years. In 2019, the government allocated about $37 billion to infrastructure projects, and more projects are planned for the future. This suggests that while infrastructure is still a major issue in Nigeria, the situation is improving, and it can be argued that the situation is more of a farce than a tragedy.

The third issue that needs to be addressed is political instability. According to the Nigerian Political Stability Index, the country scored a mere 2.51 out of 10 in 2019. This is a very low score, and it is easy to see why it is a tragedy. However, the same index shows that political stability has been increasing over the last decade, from a low of 2.07 in 2009 to the current 2.51. This suggests that while political instability is still a major issue in Nigeria, the situation is improving, and it can be argued that the situation is more of a farce than a tragedy. 

Finally, the fourth issue that needs to be addressed is security. According to the Global Terrorism Index, Nigeria ranked as the third most terrorized country in the world in 2019. This is a very high ranking, and it is easy to see why it is a tragedy. However, the same index shows that the number of terror attacks in Nigeria has been decreasing since 2013, from a high of 3,477 attacks to a low of 1,937 in 2019. This suggests that while security is still a major issue in Nigeria, the situation is improving, and it can be argued that the situation is more of a farce than a tragedy. 

Overall, while it is easy to see why Nigeria's numerous woes can be seen as a tragedy, a closer look reveals that the situation is improving in some areas, and it can be argued that some escalations are more of a farce than a tragedy. With the right policies and investments, Nigeria can continue to make progress, and it can eventually solve its numerous woes.

Hence, the situation in Nigeria is a tragic reality, with a farce of response from the government. The government must take serious steps to address the issues facing the country, including providing adequate security and addressing the root causes of the Boko Haram insurgency,and other proscribed terrorists groups, shortage of redesigned naira notes, acute fuel palava, poor infrastructure among others. Only then can the citizens of Nigeria begin to rebuild their lives and their country.