IIARD International Institute of Academic Research and Development

INTERNATIONAL JOURNAL OF RELIGIOUS AND CULTURAL PRACTICE (IJRCP )

E-ISSN 2579-0501
P-ISSN 2695-219X
VOL. 9 NO. 4 2024
DOI: 10.56201/ijrcp.v9.no4.2024.pg25.33

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Responses to Economic Hardship in Genesis 41:36: Lessons for the Nigerian State

Rt. Rt. Rev. Janfalan Yusuf Ishaya (Ph.D), Nanlir Kartim Napbut PhD, Tolutope Oluwawole, Rose Bulus Boyi

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Abstract

This study explores the biblical account of Joseph's economic planning and management in Genesis 41:36 as a model for addressing economic hardship in Nigeria, utilizing a qualitative research approach with a hermeneutical analysis of the biblical text and a review of literature on the Nigerian economy and economic crises. The article analyzes how Joseph's wisdom and foresight enabled Egypt to prepare for and survive seven years of famine, and draws parallels with Nigeria's economic challenges through a comparative analysis. The study argues that Nigeria's economic crises, including corruption, mismanagement, and over-reliance on oil exports, can be addressed by adopting Joseph's principles of planning, saving, and diversification. It highlights the need for effective leadership, prudent economic management, and strategic planning to mitigate economic hardship and promote sustainable development.

Biblical economics, Economic hardship, Nigeria Economy, Strategic planning and sustainable development

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