Excellent article. I have worked in Nigeria sporadically since I was a callow youth in 1972. It is sad to say that it is a country that has gone backwards consistently, particularly with regard to the welfare of it's people. The IMF certainly does nothing to minimse corruption.
One slight correction, the abolition of the fuel subsidy was not quite the overnight event as described in the article. I was there. It was first mooted and widely reported in the press several months earlier and was decided upon in early November 2011 and announced in that month's budget. The problem was that most ordinary people did not realise or believe it would happen. The ensuing outbreaks of violence were entirely predictable. I advised my client that no staff should return post Christmas holidays.
Many of the facilities in neighbouring countries and in SA that refine Nigerian oil are owned by the Nigerian elite, former Heads of State, Ministers and their families, known as the Untouchables in Nigeria because of their stolen Mega Wealth. What saddens me most is that many western Former Leaders, and one in particular, TB of the former GB fawn and rub shoulders with these people at the same time as wanting to be seen supporting and offering taxpayer support to the impoverished people their "friends" subjugate and rob. Soapbox finished!! Almost......try to find the video (used to be on Youtube) of TB kissing Obasanjo of Nigeria on the cheek, a man acknowledged to be responsible for the murder of 100,000 men, women and children during his 2 terms in office.
Thanks for posting the article