CAUSES OF DOWNFALL OF ECONOMY IN A NATION

   Many things can cause the downfall of a nation's economy.like;change of Government,money laundry,multi party system and so on.                                                                                                   Nigeria is really affected and our economy is bad.Nigeria became independent in the year 1960.Our first prime minister was ALHAJI SIR ABUBAKAR TAFAWA BALEWA presided by
NNAMDI AZIKWE.Nigeria's first military junta began following the 1966 Nigeria coup d'etat which overthrew BALEWA.Major General Johnson Aguiyi-ironsi was made the Head of the Federal Military Government of Nigeria but was soon overthrew and murdered in a coup in July of the same year.         Aguiyi-ironsi was succeeded by General Yakubu Gowon ,who established a Supreme Military Council.Gowon heeld power until July 1975,when he was overthrown in a bloodless coup.                    Brigadier[later General] Murtala Mohammed,who succeeded Gowon.Months later,in february 1976,Mohammed was assassinated byBusa Musa Dimka and others in a violent coup attempt,but the plotter  failed to kill Olusegun Obasanjo,who then succeeded Mohammed as head of state                   The Supreme military council was formally dissolved when Obasanjo handed power to the elected Shehu Shagari,ending the military regime and establishing a Nigerian second Republic .