Two things the Nigerian government must focus on
The government has two jobs, Stears

Have you ever gone on the “Visit Rwanda” website before? 

It's an excellent advertisement for the country. If you weren’t considering going there for a holiday or looking to invest, you could be swayed by the site. It's not so surprising. This is a country that has “Visit Rwanda” multi-million dollar sponsorship deals with Arsenal and PSG football clubs. 

Clearly, they are serious about tourism and investment. 

 

Key takeaways:

  • Every government has two main roles: redistributing wealth and creating an environment for the private sector to thrive in 

  • Nigeria’s government has historically focused on using oil revenue for government spending. As a result, Nigeria has one of the weakest tax systems among its peers. 

  • Without proper rule of law, security, and basic infrastructure, the private sector has little hope of growth.

 

This is in stark contrast to our good friends in the Nigerian government. Unlike most African countries, we don’t

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Tokunbo Afikuyomi, Jr.

Tokunbo Afikuyomi, Jr.

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