President Bola Tinubu waves at guests during his inauguration in Abuja in May last year © Kola Sulaimon/AFP/Getty Images Tinubu’s reforms need to be bolstered by a national strategy for growth In the nearly 15 months since Bola Tinubu became president, he has forced his 220mn fellow Nigerians to swallow some bitter medicine. He removed …
Continue reading "Shock therapy alone will not cure Nigeria’s economic ills by FT editorial board"
A standoff is building between Africa’s richest man and the president of the continent’s most populous economy. Stung by accusations from his home nation’s government that he’s seeking a monopoly for his $20 billion oil refinery, Aliko Dangote said he’s dropped plans to build a huge steel mill in the country for fear of similar allegations. …
Continue reading "Dangote versus Nigeria By Anthony Osae-Brown and Antony Sguazzin"
I compare Tinubu's "economic reforms" to IBB's SAP and the experiences of Latin American countries that used the IMF/World Bank-backed "reforms" Tinubu is implementing. I also highlight the example of Malaysia that bucked the IMF and developed. The President Bola Ahmed Tinubu administration likes to psychologically anesthetize Nigerians who are grieving from the hurt of …
Photographer: Oliver Contreras/Sipa/Bloomberg via Getty Images I remember, while growing up in southeastern Nigeria, how we used to be serenaded by stories and commentaries about how nearly flawless the American democratic process and political system were. Political analysts, politicians and journalists would light up television screens and take over the radio waves, lamenting the shortcomings …
Continue reading "A view of America’s troubled democracy from Nigeria by Chinedu George Nnawetanma"
A funny thing happened in the hours after the exit of Joe Biden from the US presidential race and the entrance of Kamala Harris in his place: a huge and genuine surge of excitement for a candidate who had previously failed to inspire. This wasn’t just expediency. In the 48 hours after Harris became the Democrats’ presumptive nominee, …
Centre for Nigeria Progress 