its time to turn things on their Head part 1

After watching the various down turns of the economy - and the wealth of experience at the beck and call of the presidency - I find it funny to understand why the solution to our problems is so difficult for them to come up with, it's either incompetence they are all paper degree holders without practical knowledge due to the length of disjointedness from the realities of the everyday life of an average Nigerian, or maybe it's sheer wickedness - let us keep them poor so they would be subservient to us, 

Now, basic economics has thought us that the economy is divided into 3 classes the upper class - middle class and the lower class a pyramid for any type of economic balance - it forms the tripod on which any economy works and is stable - but what has been the economic policies of this administration, their policies have been skewed towards the well being of the upper class and a faulty lower class, forgetting the the bulk of the work force of any nation fall within the middle class (lagos state is a typical example) - now what are the seeming characteristics - we all know, or economist know the features, but how are these features fueled - simple by services and contracts from the private sector and public sector. 

So funny is this matter that I term it a serious issue, these class of people are those, an ardent admirer and one of my mentors from a distance (the V.P of nigeria) calls the rent seekers, the mistake the economic handlers have made so far, it's painful that they have simply killed the middle class, in a bid to create growth from the lower class, through agricultural and rural economies, but they forget that those that would ride the facilities are in th e middle class and in doing so, they have made the lower class feel the pain of lack which is normally cushioned when funds are extended to them during periods when they have to wait for the maturity of the same farm produce, the policies have sent so many middle class people into the lower class, if not all of them - bank loans, piling health bills, dependents fees and feeding to mention but a few are becoming difficult to bear, to make matters worst what is wrong now, seems right and what is right now looks foolish, (the fight to lay the blame of yahoo yahoo on colonial powers, when what we should all be doing is fighting crime)- they then went into the most unproductive economic policy of trying to create an economy around N20b for the lower class, which would have been so successful if the middle class existed - what should have been the right manner to save the country and get us out of lurking ghost of recession, (because like I have said severally, recession is on break because of the slight rise in the value of sales of crude oil). 

To the matter at hand, what is the solution? - like they always say it's not govt business to be in business is ludicrous, false and a lie from the pit of hell, majority of the income used to run the economy comes when the FG income, when they spends- so why then shouldn't it be the govt business to be in the right structured business, is there anything bad in having SOE's, especially if we have a well developed Stock market?

It's the responsibility of govt to create industries, privatise them by selling a it's shares like the CBN hold minority stake, create employment that would lead to pensionable jobs with health benefit in all geographical zones of the country if we are to solve our problem and reduce the level of insecurity, need I say more let me leave it here for now