The global economic situation is not encouraging at the moment, even the US is facing a huge recession threat as the economy is downturned with an unemployment rate of 4.3% among others. It is worse in many countries but one thing certain and unfortunate is that there is no remedy for it in most of these countries. The US and many other top-world countries will bounce back sooner or later, but many countries still baffle me with the way they mismanage their commonwealth due to bad leadership and corruption. This will continue to plague the world if people can't have a change in their orientation.

Take Nigeria as an example, the economic situation has never been positive, there is a huge distinction between the rich and the poor and many more millions of people are dropping into the index level of people living in abject poverty according to global watchers. This is sad but citizens are still the solution, no one would do it for us.

The current 38.8 unemployment rate is unforgivable.