Why restructuring matters

The debate about the restructuring of the Nigeria has generated a wide range of responses from all sections of the Nigerian society. Former military dictator Ibrahim Babangida is among latter day advocates who have joined the chorus for restructuring of the Federal Republic of Nigeria. In short, restructuring is the new fad in town. Understandably,…

Struggling Innonson Motors is a symptom of a bigger problem

The news surrounding the struggle of innonson motors is unfortunate, but hardly surprising. Ambitious entrepreneurs make things happen against the odds, but even the most ambitious entrepreneurs will find it especially hard in such a debilitating environment like Nigeria, where the fundamentals are just not working First, in order for manufacturers like Innonson cars to…

The competitive advantage of nations

 (2nd edition) Author: Michael E. Porter Publisher: Palgrave, New York, 1998 855 pages Unlike David Landes’ Wealth and Poverty of Nations, which was unashamedly an euro-centric take on the political history of development, and unlike Jared Diamond’s Guns, Germs and Steel, the award winning anthropological history of development weakened by its far reaching environmental determinism,…