A great Economist article on Nigeria, the recent elections, and the hope and hurdles facing Nigeria. A taste:
Many frustrated businessmen—some unpaid for years—think the situation is hopeless. Yet Nigeria’s recent past suggests that small changes can bring vast benefits. The appointment of Attahiru Jega as head of the election commission last year produced the first credible poll in a generation. Telecoms privatisation has reduced phone prices by 99%.
Nigeria is reformable, but it needs the right sort of leader. Its presidency is more powerful than its American equivalent. Favours are bestowed and punishments meted out by “the man in the villa”, as some Nigerians call the occupant of the presidential palace. But he must assert himself over advisers, ministers and godfathers—the visiting regional bosses who lobby him. Many supported Mr Jonathan, who was formerly vice-president, during his 12-month interim presidency after his predecessor, Umaru Yar’Adua, died in office. Now they expect payback. IOUs will be cashed. This is the point where every civil-service reform in the past has failed.

