Why does this page look this way?
It appears that you are using either an older, classic Web browser or a hand-held device that allows you to view our content but may not work with every feature of our site. If you are using an older browser, please upgrade for the best experience.
Navigation
home > by publication type > podcasts > Obasi: Nigerian President Will Try to 'Bring a Human Face' to Economic Policy
Academic Module: Nigeria: Elections and Continuing Challenges
| Interviewee: | Nnamdi Obasi |
|---|---|
| Interviewer: | Stephanie Hanson |
August 20, 2007
Since Nigeria’s tumultuous and widely disputed elections earlier this year, the country has remained relatively quiet. In discussing what can be expected from Umaru Yar’Adua, Nigeria’s new president — senior analyst for the International Crisis Group, Nnamdi Obasi, says that Yar’Adua will continue with the economic policies of former President Olusegun Obasanjo and fight against corruption. But as time goes on, Obasi expects the new president to assert himself and “try to bring a human face” to some of the previous administration’s economic policies, which did not improve the general quality of life for the Nigerian population.
“There is a very serious need at this time to focus on rebuilding basic infrastructure,” he contends. Excess oil revenue was built up into a large foreign reserves account, which he says should be directed into massive infrastructure projects. Obasi acknowledges there is a problem with corruption throughout Nigeria, so in order to ensure these funds are not wasted, it is necessary to strengthen state legislatures, empower civil society, and improve the capacity of the federal government’s anticorruption agencies. Despite the challenges facing Nigeria, Obasi says the government has taken bold steps to curb corruption, and the fact that the country did not descend into violence following the elections “creates an opportunity to rebuild democratic institutions and to start to restore confidence in the democratic process.”
Weigh in on this issue by emailing CFR.org.
I understand that I may access this podcast solely for my personal use. Any other use of the file and its content, including display, distribution, reproduction, or alteration in any form for any purpose, whether commercial, noncommercial, educational, or promotional, is expressly prohibited without the written permission of the copyright owner, the Council on Foreign Relations. For more information, write webmaster@cfr.org.
To order Task Force reports, Council Special Reports, and Critical Policy Choices, please call, fax, or order online from our distributor, the Brookings Institution Press: phone +1.800.537.5487, fax +1.410.516.6998.
For information on other reports that are not for sale, or for general publications information, please call +1.212.434.9516 or email publications@cfr.org.
Start-Up Nation addresses the trillion-dollar question: How is it that Israel—a country of 7.1 million, only sixty years old, surrounded by enemies— produces more start-up companies than large, peaceful, and stable nations like Japan, China, India, Korea, Canada, and the UK? With the insights of geopolitical experts and investors, the authors examine this nation’s adversity-driven culture to answer this question and offer prescriptions for a global economy on the rebound.
In Forces of Fortune, Vali Nasr presents a paradigm-changing revelation that will transform the understanding of the Muslim world at large. He reveals that there is a vital but unseen rising force in the Islamic world—a new business-minded middle class—that is building a vibrant new Muslim world economy and that holds the key to winning the cold war against Iran and extremists.
In Cuba: What Everyone Needs to Know, Julia E. Sweig presents a remarkably accessible portrait of Cuba's unique place on the world stage over the past fifty years, including its internal politics, its often fraught relationship with the United States, and its shifting relationship with the global community.
Complete list of CFR Books
Browse Content By Region IssuePublication TypeThe Think TankFor The MediaFor Educators About CFR
Copyright 2009 by the Council on Foreign Relations. All Rights Reserved.
