"The good news is that the reality is already much better than the perception and continues to improve every day."
Really?
Really?
Amy Jadesimi must be living in a Nigeria located in a parallel universe. Since the above is a recent report, most people will wonder about the ability of President Buhari to achieve all these gains listed while he ways away on his serial medical vacations in the UK.
We are grateful that Jadesimi has pointed out that in the main, Nigerian entrepreneurs achieve whatever they can IN SPITE OF government. As a failed entrepreneur myself, in a teeny weeny aspect of the Electrical Power industry, who also like everybody else needed reliable power to operate, I have had one long sad story.
Buhari, just like his predessessors, has no clue of what to do regarding Power Generation, Transmission and Distribution. Since the government "sold" the power companies, bailed them out, reinjected more funds in the form of various subsidies for gas and other supplies, together with other guarantees, while vehemently calling the shots on tariffs, is it any wonder if people ask, "Did we not just privatize?" Based on what is on the books, who owns these power companies? I am still scratching my head over that.
Going to the other areas covered by Amy Jadesimi, I regard her narrative as no more than a wish list. On the matter of investor confidence, Nigeria is yet to live down the bad-mouthig it got at the hands of President Buhari, often delivered ill-advisedly on foreign soil. Nigeria cannot advance only on the perceived good intentions of a leader, populist or not. Even on the matter of Buhari having good intentions, the jury is still out.
Nice try Amy.
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