Richard Dowden's
  Africa Blog

  Nigeria - whose side is Britain on?

 

 

The Rt Hon Segun Aganga - Finance Minister for Nigeria

This Friday the Royal African Society is hosting Segun Aganga, the Nigerian Finance Minister, and Arumna Otey, head of Nigeria’s Securities and Exchange Commission. These are serious reformers committed to getting Nigeria to reform and align to international business norms. Segun Aganga, who used to be Managing Director of Goldman Sachs International, is also seeking investment in non-oil sectors such as housing, manufacturing  and agriculture.   

 If there is one country in Africa that has huge potential it is Nigeria. Its sheer weight of numbers combined with huge resources and the dynamism of its people, driven by ambition, means that one day its success will shake the world. Some of the reforms begun under the Obasanjo regime, though it ended badly, continued under Yar A’dua and now under President Jonathan. There is still corruption but the days of mass looting by senior political and military figures may be over.      

To read the full article click here