The problems of Nigeria have continued to stare at her very ominously and intermittently harassing her, both within and outside her shores. These have lingered on and have created a clog on the wheel of the country’s economic progress, indeed dramatically stagnating, and to say the least, truncating the mainstay of the country’s economy. Several interpretations, theories, analyses, syntheses and jingoistic conceptualization have been propagated, all producing the same result. From scientific to technological approach, religious to ritualist approach, political to social approach, the economy rather than moving is static and under some regimes it retarded. Academic contributions, especially ideas from the humanities and indeed the discipline of history are jettisoned, infact, quickly dusted into the waste bin. The concern of this paper is to attempt a historical throw back at the problems of Nigeria, identifying them with a view to proffering solutions, using the historical investigative theory of threw back. This study identifies Nigerians as the cause of her problems, who rather than face these seismic challenges head on, abandon them- a cowardly act, ending in futility and deeper chaos. It is hoped that if academic exercises are no longer mere, this input may create a turnaround in the economy of the Nigeria state.