In Nigeria there exists a non-market non-governmental extortionist technostructure that is nameless but for the purpose of convenience we shall call it the ONT (i.e. the Owners of Nigeria Technostructure). (more…)
Corruption in Nigeria: Is It Curable? Part One
The Nigerian nation might not be a failed state but it is certainly by all ostensible standards of politics and governance a true kakistocracy. Nigeria’s condition of kakistocracy is a function of corruption and moral decadence. It is a truism to say corruption is a major societal ill in Nigeria blighting its way of life; Nigeria is a certainly bandits’ nation. Hitherto, Transparency International perennially ranked Nigeria as one of the most corrupt nations in the world for a number of years but the recent ranking of the nation as being a much less corrupt from practical experience and common sense appears at best to be dubious. (more…)