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Nigeria at 60: My Country’s Greatest Achievements and Failings

Nigeria at 60

Nigeria at 60: Leading lights, including WTO frontrunner Ngozi Okonjo-Iweala, spell out a nation’s highs and lows, and their hopes for the future


Tony Elumelu — economist, entrepreneur and chair of the United Bank of Africa

What is Nigeria’s greatest achievement? 

Our people make me proud: the resilience, creativity, hard work and spirit of enterprise demonstrating time and time again that they can excel in spite of our difficult operational environment. The Nigerian spirit is like no other.  

Its biggest disappointment? 

The lack of access to electricity despite decades of oil income, a general sense of ineptitude that appears to be pervasive, and the feeling that Nigerian lives no longer matter. The lethal combination of extremism, police brutality and heightened insecurity cannot be ignored. These issues cause the greatest concern.  

What is your dream? 

I want to see a country that works in my lifetime; one that makes all black people everywhere in the world proud. I want a country where the tenets of Africapitalism — economic prosperity and social inclusion — are embraced and embedded in our social fabric, one that empowers our youth.

Culled from the Financial Times. Nigeria at 60

 

In another article, Mr. Tony Elumelu, has stressed that improving access to electricity remains the single most critical factor for lifting a lot of Nigerians out of poverty and job creation for the teeming youth.

He said this during the announcement of Transcorp Consortium’s 100 per cent acquisition of the 966MW installed capacity Afam Power Plc and Afam Three Fast Power Limited, at an acquisition cost of N105.3 billion. Continue Reading – Elumelu: Improved Power Supply Will Lift Nigerians Out of Poverty