Bukola Ogunyemi: An Inquest Into Nigeria’s Culture Of Corporate Corruption


 According to public finance experts, Nigeria’s federally collected revenue from 1999 to 2014 stood at $690 billion. But you don’t have to live in Nigeria to know N138 trillion worth of human and infrastructural development does not exist anywhere. So how did Nigeria end up with stagnated development, less than appreciable growth, lower foreign reserves […]

Olu Akanmu: Government Must Let The Markets Work


 If there is any lesson the Federal Government must learn from the lingering petrol crisis, in the unabated long queues at our petrol stations, it is that that a government cannot substitute itself for the market no matter the depth of its patriotic intentions.  From the management of the foreign exchange to petrol markets, we […]

JJ, Omojuwa: Letter from Leicester City, to Nigeria


 Just like Leicester City. This will probably become a cliché, as a descriptive line for those who achieve the improbable, especially in sports. The City of Leicester and its stakeholders will not be bothered about the wrong pronunciations; they are the darlings of global sports right now. As far as impossible goes, Leicester City winning […]

Oby Ezekwesili: The Holistic Look At The Nigerian Economy And Its Potentials


 Obiageli ‘Oby’ Ezekwesili, former World Bank Vice President and Co-Founder of global anti-corruption body, Transparency International, gave this presentation on the potentials of the Nigerian economy last Saturday in Abuja. Using China and Singapore as case studies, the renowned public policy advocate examined the harmful effects of protectionism on the Nigerian economy.  

Africapitalism – Do Nigeria’s Big Corporate Fines Signal The End Of ‘Anything Goes’ In Africa?


 The recent sustained attention given to the economic performance of Africa is a sharp departure from the usual negative and patronising representation of the continent in the global media. The old narrative represented a continent riddled by wars, famines, disease and the burdens of poor infrastructure and reckless governments. While many think that the description […]

Akinwunmi Ambode: Nigeria, Rising Above the Crude Realities

Governor of Nigeria's Lagos State presented this paper at the LSE Africa Summit 2016

 The Governor of Lagos State, Mr. Akinwunmi Ambode presented this paper at the London School of Economics, Africa Summit 2016. I felt the paper had a lot of depth and content useful for those interested in the finer details so I decided to publish it here. Distinguished Ladies and Gentlemen Let me start by saying […]

Dr. Reuben Abati: Confronting The Curse Of Oil

Nigeria's President Muhammadu Buhari has his work cut out

 NIGERIA: The monthly Federation Accounts Allocation Committee, FAAC, meeting was held the other day in Abuja, with the representatives of state governments again cap in hand, asking for their share of federal revenue – read: oil revenue, or better still, national cake, or our money.  A paragraph in the report by the online newspaper, Premium […]