End of Oil, Beginning of Prosperity Nigeria 2

End of Oil, Beginning of Prosperity Nigeria 2

On the issue of policies, Nigeria’s problem is in truth not just policies and national planning solutions for the economy. Even if it witnesses continuous oil production or the ‘end of oil.’ That is far too easy. One can make a list of credible sounding policies or right solutions for the Nigerian economy. Their usefulness will on who the problem solver. Perhaps he or she, an economist, is a die-hard free-market advocate. Or a supporter of strong government intervention. Even a two-handed economist (who will favour any policy selectively despite his preferences). Now comes the question most avoid. Who will implement the the policies? From my academic research experience, Nigeria scores 9/10 for resistance to policy introductions, especially when they disrupt the status quo of the Owners of Nigeria Technostructure. That is a colossal problem.

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