Today's @bopinion post is about Nigeria. I expect its conclusions will not come as a surprise to most Nigerians, but it's good for Americans to be thinking about Nigeria and its problems.https://www.bloomberg.com/view/articles/2018-10-16/how-nigeria-can-escape-the-natural-resource-curse …
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Nigeria is already taking some of these steps, which is great.pic.twitter.com/oaEc1lfhW9
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But Nigeria is missing one big piece: Investment in education. (It could also stand to invest more in health.)http://thenationonlineng.net/nigerias-disappointing-investment-education/ …
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Instead of subsidizing fuel, Nigeria needs to subsidize education (which doubles as child care) and health. This will provide jobs, relieve poverty, and - most importantly - build human capital. (end)pic.twitter.com/h2tiCL0cyA
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Kmok
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Thank. The issue with Nigeria is not ignorance of what to do right but the refusal to do what is right. Implementing these reforms will impact positively on the society at the expense of the political class that feed and thrive on current instabilities.
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I wish the US would do much of the same (except depreciate the currency)
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