Showing posts from March, 2013

Salvation in Africa

Who will bell the cat? Who will bring salvation to the nation and succour to the people? Who really cares? The rate of inequality is widening still. But today we present Mr Eddy Adivwri who is screaming shrill.

President Goodluck Jonathan
By Eddy Adivwri Many a times I would exercise some hope, believing that Nigeria will indeed get better. Not so much that I believe in the so-called Transformation agenda of President Goodluck Jonathan, but i just hope things will improve someday, perhaps not in my life time. But the more I see how things run, the more my hope level drops. The ethnic faults are deepening and even widening. And I wonder if anything will ever really change in Nigeria. I have watched the verbiages that have attended the controversial state pardon granted former Bayelsa State governor, Chief Diepreye Alamieyeseigha, by President Jonathan, purportedly on the advice of the Council of States. While many have noted that the President has the right to grant such pardon to wh…

Investing in Africa

Good question. Is there ever a right time to invest?

Good call. Is now the right time to invest in Africa?

Today we take Katrina Manson who thinks investment in Africa is an idea who's time has come.

And also Sanusi Lamido who suggests that Africans should see China as a competitor.

Harsh deal climate in sub-Saharan Africa By Katrina Manson in Nairobi ©Alamy
The Kenyan capital Nairobi is an economic powerhouse in sub-Saharan Africa Miles Morland, a pioneering Africa investor, has spent more than two decades looking for deals in places where you can’t drink the tap water. If his experience is anything to go by, finding successful private equity opportunities has more to do with sharing a glass of the stronger stuff in African bars.
“In Africa there are hundreds of deals but you have to go and look for them. In the west, investment bankers bring you deals . . .[but], in Africa, investment bankers are way down the food chain. You need to go and hang around the bars . . . t…

The Nigerian Dream pt1

What is the Nigerian Dream? How will we bring it about? Over the next few months we will feature different perceptions of the Nigerian dream and how people propose for the dream to be achieved. Mr Udoh suggests that the post 1978- change in China is due mainly the influx of well educated Chinese from the diaspora and a willingness of Deng to embrace the economic liberation necessary to free the creativity of the Chinese entrepreneur. In essence a contradistinction between the central communist governing philosophy and acceptance of capitalist liberal ideology. This unique but pragmatic solution reminds me of me! Whenever people ask me what American political party I support my answer is usually, "I am a Republican in principle but a Democrat in practise". The Chinese are conservative in ideology but ensure enough economic liberality to create wealth.

Well played if you ask me. The question still remains what is the Nigerian Dream? And how can this be achieved? Lets hear fro…

Nigerian Oil Families

Well the shrinking of borders and rise of the web 2.5 platforms is enabling the spread of information faster than we could have ever thought. For a long time Nigerians have wondered who were the families that controlled their collective wealth. Now facts have begun to emerge and names assigned to concealed faces.

Below is a list of the families and consortiums that collectively own and distribute Nigeria's oil wealth. While the hoi polloi gnash at each others heels these ones do not fight each other except for greater stakes in our collective wealth. It must be said however that they were awarded these licenses by the Nigerian government so? Show them some respect if you cant show them love!

Do you recognise one or all of them? Beneath the list we also include a reply from the former Presidential spokesperson and Harvard Fellow - Mr Segun Adeniyi.

This investigative report was provided by ThisDAY Newspapers.