Tag Archives: Lagos

On the “informal economy”

From a WSJ review of Stealth of Nations: The Global Rise of the Informal Economy: Mr. Neuwirth introduces us to a woman named Jandira who for a decade has peddled coffee and homemade cakes to the unlicensed vendors at São Paulo’s early-morning wholesale market for pirated movies. Her street-corner business, she proudly tells him, has enabled… Read More »

Nigeria@50 – A Series

Nigeria’s 50th independence anniversary is on October 1, 2010. To celebrate it, we are running a series titled Nigeria@50 at the groupblog NigeriansTalk. The first in the series, titled One Nigeria: Nigerian Unity 50 years Post-independence, was written by Kola of KTravula. The second is titled Nigeria at 50: Academic Medicine, and was written by… Read More »

Nigerian power industry to be liberalised

President Goodluck Jonathan says Nigeria’s power industry can only grow through liberalisation: The government will sell 11 distribution companies created out of Power Holding Co. of Nigeria, the state-owned utility, and allow private companies to set up power plants using natural gas, hydro-electric dams and coal-powered stations, Jonathan said in a speech in Lagos, the… Read More »

Guardian editorial on Welcome to Lagos

The scheduling has done this documentary series no favours. Welcome to Lagos has coincided each Thursday night with an event, the TV debate between the three party leaders, which has not only turned this election on its head, but which may have changed politics in this country forever. If you can ignore history being made… Read More »

Nigeria signs 875 million dollar railway deal with China

Yahoo! news: ABUJA (AFP) – Nigeria on Monday signed a deal worth almost a billion dollars with a state-owned Chinese engineering firm to resuscitate part of its dilapidated railway system, the transport minister said. The 875-million-dollar (588-million-euro) contract was signed by Transport Minister Ibrahim Isa Bio and the managing director of the China Civil Engineering… Read More »

The (unintended) effect of the bank takeover in Nigeria

Remember this story about the Nigerian central bank taking over five Nigerian banks? Well, it seems that a result of that has been a sort of credit crunch in the country. From the BBC: Lagos-based manufacturing firm, supplying cables to Nigeria’s fledgling national grid. With more than 500 skilled staff, it is exactly the kind… Read More »