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Book Review

The politics of building Nigeria’s post-oil economy: A book review

Specifically, the author argues that the failure of successive governments to implement long-term economic planning and diversify Nigeria’s economy is explainable by the political economy concept of Political Settlement (an agreement by which powerful groups, organisations and individuals in a society set the political and economic rules that maintain the peace among competing groups, thereby ensuring stability and a balanced distribution of benefits).

Economy

Positioning FG’s ₦520bn NYSC Investment for Economic Returns

I have read a variety of fascinating narratives from former participants of the National Youth Service Scheme. While many of these narratives were expressed with considerable positivity, I believe that the positivity is not intrinsically connected with the perfection of the scheme but are drawn through a long journey of disappointment, frustration, and then acceptance of the reality of ‘national service’. Even the most well-crafted narrative I read did not completely mask the failures of the scheme in welfare provision, organization, and perhaps in fulfilling the ultimate reason for which the scheme was established.