Nigeria: Now We Are Talking

23 June 2017

By Lekan Fatodu

Not a few Nigerians are wont to saying that government has no business in business. And what is popularly adjudged to be the interpretation of that statement is that, given its appalling management of several potentially profitable business-structured government assets, the Nigerian Government is one that shouldn't really come near any business concern.

Incidentally, examples of the government's gross mismanagement of lucrative enterprises abound in the misfortune that was brought upon the defunct Nigeria Airways, the sinking of the huge revenue potentials of the rested Nigerian National Shipping Line (NNSL) along with its multi-million dollars worth of ships to mention just a few. These are significant instances of bad businesses conducted by the government.

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