PUBLISHED: My Book Chapter on “The ‘Resource Curse’ and Constraints to Reforming Nigeria’s Oil Sector”

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”

Buhari should Phase-Out, Not Remove Petroleum Subsidy

Democratic governments are likely to face two interrelated problems in implementing difficult economic reforms. First, is the unpopularity of these measures among citizens who are likely to shoulder the most burden. Second, is the difficulty in employing a practical approach to implementation. Reforming Nigeria‚Äôs money-guzzling fuel subsidy regime, now an urgent matter in the context … More Buhari should Phase-Out, Not Remove Petroleum Subsidy

Nigeria’s Missing Billions and Trillions

It used to be tens of millions of naira and occasionally, hundreds of millions of naira and when a corruption incident amounting to a billion naira was mentioned, we were stunned, disgusted and spoke about it intensely for weeks. Now misappropriation of public funds in Nigeria is recorded in billions and trillions of naira such … More Nigeria’s Missing Billions and Trillions