The trouble with Nigeria is simply and squarely a failure of leadership. There is nothing basically wrong with the Nigerian character. There is nothing wrong with the Nigerian land or climate or water or air or anything else – Chinua Achebe In the year 2017, Nigeria’s economy is predictably going stagnate further without recourse to…
Tag: rent-seeking
When Empowerment Becomes a Euphemism for Corruption
The word and context of “empowerment” has come to take on in interestingly corrupt or perverse meaning of its own in everyday Nigerian parlance. Unlike its real meaning in everyday day society or academia, it has by way of customary euphemism come to mean the “corrupt and preferential distributions of rents (public goods or public…
Oil and Gas Free Zone in Nigeria: What is it all About?
It was recently announced in July 2015 that Brass in Bayelsa State, Nigeria has been designated as an “Oil and Gas Free Zone” by the federal government. It was shocking to find out at a popular Nigerian eatery on the Old Kent Road, London that some university educated and hardworking men (originally from various parts…