Nigeria is a glorified BANANA REPUBLIC.
The Oxford dictionary of idioms, defines banana republic as a term used for small countries that are dependent on a single crop or resource and governed badly by a corrupt elite.
World bank figures indicate that between 1960 and now, a whopping $300 billion dollars of oil revenues and about $500 billion of donors' assistance has been looted by our leaders.
While Nigeria may not be small by physical and human geographical standards, all other
hallmarks that bear semblance to a banana republic are present.