In this piece, Obadiah Mailafia outlines four priorities which in his opinion will help accelerate Nigeria’s transformation. The article was originally a presentation he had given at a recent breakfast talk series in Abuja. In the piece he advocates the following as crucial to Nigeria’s transformation: free and fair elections, addressing crime, promoting infrastructural investment and implementing structural diversification of Nigeria’s revenue sources…
Accelerating our transformation by Obadiah Mailafia
We live in an age of unprecedented opportunities as well as challenges. East Asia has experienced spectacular growth, with China recording quantum leaps by way of an annualised average of 15 percent growth over the last two decades. India and Brazil have joined the club of newly prosperous nations as have Malaysia and Indonesia. The digital revolution has made the world ‘flat’, as Thomas Friedman tells us, while discoveries in genetics and biotechnology are opening new prospects in medicine and food production. The search for renewable energy sources is gathering new momentum.
The particle accelerator Large Hadron Collider (LHC) developed by European scientists at CERN in Geneva holds immense promise for cheap, renewable energy.
The prospects of supersonic flight based on green energy seem closer than ever before.
But we also face new dangers and vulnerabilities. Climate change is no longer the stuff of science fiction. The warming-up of our biosphere is altering rainfall patterns, speeding up desertification and engendering devastating natural catastrophes.[Read the whole article: 234Next]