Politics, policies and governance in Nigeria | The Guardian Nigeria News - Nigeria and World News

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Of a truth, Nigeria’s major predicament is that those who occupy the driver’s seat in her public administration have masked their interest to appear as if it is the public interest.

Of course, the pursuit of this interest is to the advantage of those leaders and their cronies while the led bears the brunt. Regrettably, this informs the types of policies being churned out by the leaders which in turn, informs the outcome of our peculiar public administration and … our brand of politics.

In September 1986, the Ibrahim Babangida-led junta introduced the Second-Tier Foreign Exchange Market as a second official foreign exchange market in Nigeria. Indeed, little did Nigerians know that, like Siamese twins whose destinies were tied together, the birth of SFEM would bring roundtripping along with it.

In the olden days, a Permanent Secretary was always content with his status and official designation. These days, a Permanent Secretary without dollar accounts and ostentatious lifestyle is always seen to have missed it.

 

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