Showing posts with label World Trade Organisation. Show all posts
Showing posts with label World Trade Organisation. Show all posts

Thursday, October 2, 2025

Nigeria At 65: It’s Time To Break The Vicious Circle

 By Olu Fasan

President Bola Tinubu cancelled yesterday’s Independence Anniversary parade at the last minute. No reason was given for the cancellation beyond the government’s “deep regret” for the “inconvenience caused”. Given that it was about Nigeria’s 65th anniversary as an independent state, a milestone, the cancellation was significant. Yet, in truth, it was just as well the parade was axed.


For it would be an extraordinary act of self-deception to roll out the drums for Nigeria’s 65th independence anniversary. The sad truth is that, beyond the fact of its existence as a political entity, there’s little worthy of jubilation about Nigeria at 65. If that statement sounds outlandish, then consider the following three critical measures of a nation’s success: unity, security and prosperity. Add a fourth: state capacity. How well has Nigeria fared, at 65, on these indices of development? Abysmally, one must say! 

Thursday, October 10, 2024

Nigeria Is Failing At 64; Sadly, Its Leaders Are In Denial

 By Olu Fasan

Every nation that secured independence from its colonial rulers celebrates the freedom annually, as Nigeria did recently on its 64th Independence anniversary. However, such events transcend the symbolism. The real worth of an independence anniversary lies in whether a nation is better off today than it was at independence.

On that score, several former colonies have advanced in leaps and bounds. For instance, India of today is a world apart from India of 1947.

Thursday, July 11, 2024

UK General Election: British Democracy Shames Nigerian Ineptocracy

 By Olu Fasan

Trust Nigerians, some will scoff at any comparison between Britain’s democracy and what Nigeria calls democracy. But if democracy is, as Abraham Lincoln famously defined it, “government of the people, by the people, for the people”, then Nigeria must be held to universal standards.

*UK Prime Minister Keir Starmer

The critical electoral link between the government and the governed must not be severed, and democracy must not become ineptocracy, a system run by inept people. In any representative democracy, the irreducible core is the will of the people freely expressed in credible elections. That’s why last week’s UK general election offers some lessons.