Anytime you hear that a new great ‘developmental project’ is being planned and undertaken by the Government of Nigeria (GON), it is important to identify who the short, medium and long term beneficiaries and losers created will be. Consultants, contractors, traditional land-owners, traditional rulers, government officials, board members and special interests groups are the short, medium and long term beneficiaries with a mix of obscene upfront fees, atrociously inflated contracts, preferential job offerings, generous concessionaire privileges under privatisation and convenient abandonment clauses. The 150 million ‘everyday Nigerians’ who the GON take out odious “development debts” on their behalf without asking them (by default) become the permanent losers but projected as winners by GON. This ‘development’ winners/losers dichotomy has now been moved to nuclear power, oil is failing. Continue reading →