The Tectonic Plates Are Shifting (II): Stop The Looting!

To understand what led to our present predicament after the economic boom of the past 8 years and to get our acts right at the moment, it would be best to understand that the healthy growth in the Nigerian economy resulted because love him or hate him, former president Obasanjo had the good sense of appointing a sound economic team led by Professor Charles Soludo and his colleagues – Ngozi Okonjo Iweala and Oby Ezekwesili. A team of qualified, equipped men and women and dedicated to thinking about and planning the national economy on a sustained basis. Some degree of logic began to be infused in economic decision making.
Obasanjo not only appointed them, he gave them unqualified backing and support. They applied a healthy infusion of economic theory that is not just informed by practical experience from working for international institutions and consulting for more serious governments elsewhere but pragmatic. ...Read the full article.

[Augusteen]

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