The Africa’s Pulse, is a bi-annual macro-economic update of the state of the continent. Each edition also features one or two special topics. It is published by the Office of the Chief Economist in the Africa Region of the World Bank. The April 2019 edition featured two special topics: ‘Implementing Regional Solutions to Address Fragility … More Taking the Pulse of the Economies in African Countries
I’m pleased to announce that my chapter on “The ‘Resource Curse’ and the Constraints on Reforming Nigeria’s Oil Sector” is now published. It is one of three chapters on Nigeria’s oil economy in the Oxford Handbook on Nigerian Politics. The analysis goes beyond the ‘resource-curse’ and uses political settlements theory to argue that the dysfunctions … More PUBLISHED: My Book Chapter on “The ‘Resource Curse’ and Constraints to Reforming Nigeria’s Oil Sector”
A paper I co-authored on the political economy of power sector reforms was recently published. It examines developing country experiences with market reforms in unbundling, regulation, privatization and creating competition in the power sector. Here’s the abstract: The power sector reform experiences of developing countries vary greatly. To help explain this from a political economy … More NEW PAPER: The Political Economy of Power Sector Reforms in Developing Countries
I recently wrote this piece for The Conversation. A consistent feature of global analyses of Africa’s economic prospects is their fickleness. In the years since the global financial crisis in 2008, forecasts about Africa have swerved from deep pessimism to heady optimism, and back to a bearish outlook of slow growth and fragility. The vacillation … More To transform Africa’s economies, African companies matter too
This is a piece I recently wrote for the Washington Post’s Monkey Cage Blog on how Nigeria’s new government maybe shifting towards the mineral sector, and how this could address regional disparities in growth. Although he was elected in March of this year, Nigerian president Muhammadu Buhari did not name his Cabinet ministers until 5 … More Nigeria’s Newly Appointed Officials Signal Shift in Economic Policy
In this piece for CNN, I assess the performance of Nigeria’s president in his first 100 days in office. Here’s an excerpt: As I stood on a queue at the immigration desk at the arrivals section of the Nnamdi Azikiwe International Airport in Nigeria’s capital city Abuja in May 2015, a well-dressed couple who had … More Buhari’s First 100 Days: Does Nigerian President Mean Business?
Our publication (with colleague Dr Olly Owen) in the July edition of the journal, African Affairs is out. We wrote a brief on the Nigerian presidential election in March 2015, assessing why the election was exceptional in many respects, why many previous predictions including ours of a runoff or an outright Jonathan/PDP victory did not … More Publication: ‘Why Goodluck Jonathan Lost the Nigerian Presidential Election of 2015’
It is common to hear policy makers, development experts and pundits talk about the need to “build strong institutions” in Africa as the solution to governance challenges without quite understanding what processes building or modifying these “institutions” entail. Daron Acemoglu and James Robinson in their 2012 tour de force, Why Nations Fail, provide a compelling … More Understanding Nigeria’s Historic Elections and Why They’re So Contentious
This is an opinion piece I recently wrote for Aljazeera English, analysing how African countries are responding to falling global crude oil prices. I reproduce it below: The plummeting of global crude prices is generating ripple effects worldwide. While oil exporters are reeling from plunging revenues, oil importers are bracing for cheaper oil, and the … More Africa’s Oil Shock
This is an op-ed I wrote for Aljazeera English, on the recent U.S.-Africa Leaders Summit. In 2013, I was in the audience at the Oxford Union for a taping of Al Jazeera’s Head to Head featuring Thomas Friedman and his thoughts on US Foreign Policy. The show’s focus was entirely focused on the Middle East, and the United States’ … More Obama’s Africa Summit: Too Little, Too Late?
This is an article I recently wrote for the Opinion section of AlJazeera English. It was originally published on the AJE website. Nigeria has recently been brought to global media attention both as the largest economy in Africa and as the home country of the Boko Haram insurgency. The growing security threat has been accompanied … More Boko Haram and the Competing Narratives
This is an article I recently wrote for African Arguments on Nigeria’s recently revised GDP series. According to recently reviewed GDP figures, Nigeria is now Africa’s biggest economy. It was about time a more accurate measure of economic output, which captures Nigerians’ entrepreneurial zeal, was adopted. The headline-capturing highlights of the new series reveal the … More Nigeria’s Economic Transition Reveals Deep Structural Distortions
This is a piece I wrote for the Royal African Society’s African Arguments blog. In a few weeks, Nigerians across ethnic and regional divides will be gathering at a roundtable to discuss critical national issues. The imperative for this National Conference as a necessary discussion over Nigeria’s future was underscored by the President, Goodluck Jonathan, … More Does Nigeria Really Need a ‘Sovereign National Conference’?