Nigeria is now the largest economy in Africa after rebasing it’s gross domestic product(GDP). Reabasing is usually done every 5 years but Nigeria waited 24 years to do theirs, probabaly due to strategic reasons. It appears Nigeria officials wanted to get some debt forgiveness from Western countries and pay off it debt before embarking on …
Tag Archive: nigeria
Optimism and Concerns for Nigeria in 2014
There has been endless deluge of bad news about governance in Nigeria from federal to local government level. Some of the pessimism is well deserved but they appear to be some bright spots in Nigeria political and economic landscape. However more work is needed to accelerate this development. Nigeria is a country endowed with abundant natural …
INEC Debacle in Anambra State
I was in Nigeria just before the November 16, gubernatorial election. Run up to the election was great. The gubernatorial candidates conducted themselves in a professional manner. The major candidates appear to be well educated, knowledgeable and in command of the issues. The debate conducted by the National Election Debating Group (NEDG) was conducted in …
Elegushi Private Beach
Elegushi Private Beach is located in Lekki, Lagos State in Nigeria. I’m not sure what makes the beach private unless it’s the entrance fee. The entrance fee is 1000 Naira per person and to park your car it is another 200 Naira. For our car of three people, we paid 3200 Naira to gain entrance …
Nigeria Oligarchs and the Justice System
The famous legal maxim “Justice delayed is justice denied” doesn’t quite apply to Nigeria oligarchs. In Nigeria, oligarchs are called “Big-Men.” Better legal maxim for Nigeria oligarchs should be, Justice delayed is Justice forgotten. Nigerian Big-men/oligarchs are the political class, wealthy and influential. Ordinary Nigerians are frustrated by a different set of rule enjoyed by the …