Nigeria: The Great Awakening

21 October 2020

For decades, the Nigerian youth had been living in the bubble of civic isolation. The forces of darkness that took over the reins of power after the civil war, not being an enlightened political movement, lacked the capacity to plan and govern a civilised society. They had their eyes only on rewarding themselves and their regions for defeating Biafra. After all, every conqueror deserves his booty.

In their rapacious self-reward, they did not think of tomorrow. Nigeria was one of the few oil-rich countries which did not have a Sovereign Wealth Fund until our own Dr. Ngozi Okonjo-Iweala created it in 2011 as the Minister of Finance and the Economy. We initially put in $1bn there, then an additional $500m and $650m.

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