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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what do you make of the oil to cash option for Nigeria?https://www.cgdev.org/publication/oil-cash-fighting-resource-curse-cash-transfers …
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I mean, it's better than a lot of stuff, but not as good as investing in health and education.
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I love that you’re bringing up Nigeria. It’s the emerging global powerhouse that most of the West is sleeping on. But there’s a big difference between Nigeria/Botswana you didn’t mention in your article…https://twitter.com/BlairReeves/status/1043166022231048193 …
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Namely, the ethnic diversity of Nigeria completely swamps that of little Botswana. It’s like comparing Denmark and Texas.
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So what do you want me to do? Stop recommending good policies to diverse countries? Advise the country to split up?
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Not at all - but just like in the US, I think it’s more of a political question of how to win consensus around those policies. I don’t know if many Nigerians would agree that there are useful lessons to learn from Botswana, given how radically different they are.
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(Splitting up the country is also something that serious people have debated there! Not realistic, but still…)
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Well, they did have a huge civil war about it. I'd rather not inflame those tensions by bringing up the issue.
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Naturally. A North/South breakup would make more “sense” than Igboland/Biafra, of course, but neither one is really plausible
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(It’s still a great column though, don’t take any of this the wrong way)
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$3.5 billion(Subsidy) is about 1.2T Naira. It will build two 250M pry health centres in the 774 municipals plus a 2 Billion secondary hospitals in all 109 senatorial district a 10billion tertiary hospital in all the 36 states of the federation.
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Couldn't be said better.
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Right now in Lagos without such removal, the price of commuting has doubled in many routes. Wages have stagnated, unemployment has increased and the only solution you guys kept talking about is how to remove what to fate remains d only thing accessible to all Nigerians?
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Try using unsubsidized fuel to power your business in the US, and come back to explain why it should be removed without constant power and functioning train. You people should aproch our issue from the vantage of a Nigerian and not someone that visits and sees Nigerians fr far.
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Noah Sir, we [the current leadership] don't have sense in this country, that should explain it all
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No we have little sense, but we're selfish and wicked. We care more about us (ourselves and family members) than them (the electorates and the Nigerian masses).
End of conversation
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For a country with some of the worlds must educated, an interesting perspective.
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If Buhari 's government subsidizes education how will they raise money for 2019 elections? Corruption is needed to fund the elections you know.
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Pls, let government get serious, might accept increment in electricity rates, increase capacity in generation, distribution etc. Subsidized alternative power sources like sola and wind. All this talk about increasing hardship for everyone why goverment does nothing is not welcome
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