Blog Archives

Growth Today, Gone Tomorrow?

Nigeria must begin to look towards the next round of reforms in order to underpin her current economic growth. 20.03.2006 The football match in Kano between Nigeria and Angola for the sole Group “E” ticket to the 2006 World Cup started on a high note when the Super Eagles captain, Austin ‘Jay Jay’ Okocha scored […]

Let’s Celebrate Debt Relief

08.08.2005 The ongoing debate on the comprehensive debt treatment for Nigeria recently announced by the Paris Club of creditor countries has generated diverse viewpoints on the substance of the matter. In a recent tendentious commentary by former Finance Minister, Dr. Chu S. P. Okongwu, he (in tandem with some other recent articles) raised a number […]

“Meant Well, Tried Little, Failed Much”

01.12.2004 I borrowed the title of this article from that of a lecture delivered in New York by Anne Krueger (First Deputy Managing Director of the International Monetary Fund). She in turn borrowed it from one of the works of celebrated Scottish novelist, essayist and poet, Robert Louis Stevenson. The words easily evoke dreadful solitude […]

The Danger of Failed Expectations

07.06.2004 I remember that day in May 1999. As General Matthew Olusegun Okikiola Aremu Obasanjo took office to become the elected President of Nigeria, the Nigerian people surrendered to him their hopes and expectations. The first term of the Obasanjo presidency is still a subject of contextual debate but ten months into his second term, […]

Changing Perception to Make NEEDS Work

27.08.2003 “Success depends on perception and our job is to create the right perception to ensure success.” [Professor Klaus Schwab, President, World Economic Forum] We are in an era of reforms. Dysfunctional states are becoming more functional, failed states are coming alive and closed systems are opening up. Across the world, more countries are practicing […]

Re: On the Social Contents of Okonjo-Iweala’s NEEDS

27.08.2003 I am not an economist. During the first week of August, our highly acclaimed Finance Minister, Dr. Mrs. Ngozi Okonjo-Iweala, announced that the Nigerian economy is expected to be buoyant in 10 years. This expectation was predicated on the faithful application of the latest in our series of economic magic potions, the National Economic […]