• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News

Nigeria as a failing state is on the verge of collapse, says ex-CBN deputy governor

Ubah Jeremiah Ifeanyi by Ubah Jeremiah Ifeanyi
September 6, 2021
in Business News
Nigeria as a failing state is on the verge of collapse, says ex-CBN deputy governor
Share on FacebookShare on TwitterShare on Linkedin

Nigeria, as a failing state, is already on the verge of collapse unless drastic measures are taken to reverse the negative trend.

This was disclosed by former Deputy Governor of Central Bank of Nigeria (CBN), Dr. Obadaih Mailafia, in Akure, the Ondo State capital, during a symposium with the theme “The Role of the Church in Nation-Building,” organised by Forum for Good Governance of the Towards Revival for All Nations (TRANS 21)

According to him, a new Nigeria must be built on social justice and equal representation for all nations inside the federation.

MoreStories

FG extends suspension of controversial N25 million FRCN levy amid legislative review 

FG inaugurates committees to drive National Intellectual Property Policy 

January 16, 2026
CAF to make about $75m in estimated revenue for AFCON 2023    

AFCON commercial revenue rises 90% – CAF 

January 16, 2026

READ: Nigeria – the state that refuses to fail

Nigeria, according to the former CBN deputy governor, can no longer be classified as a nation since power is no longer concentrated solely in the hands of the government, but also in the hands of other power blocs.

He said “Nigeria has been designated as a failed state. We may not say it is a failed state but it is certainly exhibiting the features of a failing state in terms of the kind of violence we are seeing, widespread insecurity, terrorism, abuse of humanity, criminality, rape, killings, maiming and destruction.”

Boko Haram currently controls over half of Niger State, according to Mailafia, who said that the country is being “Islamized” and “Fulanized,” adding that if they successfully take over Niger, Abuja will be a walkover.

Tags: CBNCentral Bank of NigeriaTRANS 21
Ubah Jeremiah Ifeanyi

Ubah Jeremiah Ifeanyi

For further inquiries about this article, contact: Email: Ifeanyi.ubah@nairametrics.com Twitter: @ubahjc Linkedln: Jeremiah Ubah

Next Post
The appetite for foreign goods is destroying the Naira-CBN, Nigeria's high Inflation would reduce value of Naira- CBN 

CBN interventions emanate from critical issues within Nigeria's economic space - Nwanisobi

Comments 2

  1. Aondofa Benjamin says:
    September 19, 2021 at 7:29 pm

    I am not able to submit my bvn they’re telling me network error since yesterday

    Reply
  2. Mohammed dauda wakili says:
    September 23, 2021 at 3:06 pm

    Morning

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

access bank
nairametrics
first bank









DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics