To deaden the pain of insecurity gripping the citizenry, Nigerians have resorted to their old pastime of gallows humour. They’ve even invaded the innocent territory of nursery rhymes. So, instead of “A for Apple; B for Ball; C for Cat”, you have “A for Axe; B for Bomb; C for Cutlass”. You’ve got to cry Read More…
Tag: Lagos Metropolitan analysis
Kissinger, the IMF, and Nigeria’s Endless Economic Reckoning
A missionary’s voice cuts through the haze of Nigeria’s economic despair. “And a lot of Nigerians do not know… if you go back to the 1974 Kissinger Report… it says explicitly there, that the Nigerian people must not be given access to their resources—that they must be kept for the rich nations,” declares Prof. Kent Read More…
The cost of Nigeria (2) — Nigeria’s Expensive Constitution: The High Cost of Governing the State
Nigeria’s rising poverty crisis is not only about inflation, fuel prices or exchange rates. Beneath the economic turbulence lies a deeper structural problem: the cost of running the Nigerian state itself. When economists discuss Nigeria’s poverty surge—now estimated to affect roughly six out of every ten Nigerians—the conversation usually begins with inflation, food prices, fuel Read More…