Abstract
This paper gives an appraisal on how post 2011 revolution Libya has descended into chaos. An overview of political impasse, shrinking economy and various armed groups and terrorist groups responsible for the existing mayhem has been given. Based on the obtaining environment and various indicators like Global Terrorism Index, the Ibrahim Index of African Governance, and Crisis Research Network, the situation of Libya has been analysed to determine whether it is a failed state or otherwise. Mired in an unenviable situation, the interests and leaning of various regional and extra regional adding fuel to the fire has also been elaborated. The paper culminates by recommending a way forward as a recipe for bringing Libya from the brink of disaster.