With its large and growing population – estimated by IMF to reach around 165m in 2012 – and extensive hydrocarbons resources, Nigeria holds significant political power in the region and on the international stage. However, maintaining stability within this diverse country of around 250 ethnic groups remains an enormous challenge for the country’...
True development involves not only delivering aid, but also promoting economic growth – broad-based, inclusive growth that helps nations develop and lifts people out of poverty. The whole purpose of development is to create the conditions where assistance is no longer needed, and where people have the dignity and the pride of being self-...
As the country focuses on filling important gaps in transport and power infrastructure to improve the business environment in Nigeria, overcoming important shortfalls in the soft infrastructure will also be key to accelerating economic growth in the years to come. Having dropped 28 places in the World Economic Forum’s Competitiveness Index to 127th...
In her essay, first published anonymously in The Times of London on January 8 1897, Flora Shaw coined “Nigeria” as a shorter alternative to the widely named “Royal Niger Company Territories” – deeming it “inconvenient” and to an extent a “misleading” name for the then-British protectorate. Today, in contrast, “Nigeria” is too small...
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