Thursday, June 18, 2015

Nigeria’s moment

FIVE-and-a-half decades ago, when Nigeria elected its first government at the end of colonial rule, many expected the country to rise quickly to become Africa’s leading power. It had people in abundance, the region’s best universities and vast natural resources. It exported great pyramids of peanuts, was one of the world’s leading sources of cotton and was soon to become Africa’s biggest producer of oil.

Yet within a few years its hopes were dashed. Nigeria suffered the first of many military coups in 1966 and was torn apart by civil war the next year. Corruption spread rapidly, hollowing out institutions and preventing the government from providing even basic services. After decades of theft and misrule, the most populous nation in Africa—and its biggest economy—has come perilously close to fragmentation. In January this year much of the north-east was overrun by bloodthirsty jihadists. Many expected that the elections which took place at the end of March would be so rigged as to give another term to Goodluck Jonathan, a singularly ineffectual president, and that opposition-supporting areas in the north would rise up in protest. The previous...



from The Economist: Leaders http://ift.tt/1J5UqF5

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