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Nigeria’s New “MINTed” Hope By Okey Ndibe

January 13, 2014

During a brief trip to London last week, I was intrigued to realize that part of the news buzz pertained to Nigeria’s inclusion in a list of countries with prospects of becoming four of the world’s biggest emergent economies. The so-called MINT countries are Mexico, Indonesia, Nigeria and Turkey. Jim O’Neill, an economist at the international investment firm, Goldman Sachs, popularized the acronym. He earlier coined the term BRICS countries, denoting Brazil, Russia, India, China and South Africa, which he rated a few years ago as some of the globe’s emerging economic giants.

During a brief trip to London last week, I was intrigued to realize that part of the news buzz pertained to Nigeria’s inclusion in a list of countries with prospects of becoming four of the world’s biggest emergent economies. The so-called MINT countries are Mexico, Indonesia, Nigeria and Turkey. Jim O’Neill, an economist at the international investment firm, Goldman Sachs, popularized the acronym. He earlier coined the term BRICS countries, denoting Brazil, Russia, India, China and South Africa, which he rated a few years ago as some of the globe’s emerging economic giants.

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On Thursday, Peter Okwoche of the British Broadcasting Corporation (BBC) ended a short interview on my new novel, Foreign Gods, Inc., by asking what I thought about Mr. O’Neill’s rosy prediction for Nigeria.
 
Lacking the time to offer a detailed and nuanced response, I stated that Nigeria is endowed with extremely bright people, that the country is full of energetic and industrious men and women. By contrast, I added, the country has never been lucky in the department of leadership. To sum up, I invoked Chinua Achebe’s dire—but hardly contestable—conclusion that Nigeria has an amazing facility for snatching defeat from the jaws of victory.
 
Nigeria’s economic policy makers are understandably giddy about Mr. O’Neill’s flattering prognosis. I’d caution the infusion of a high dose of chastening realism into the premature celebration. A sense of history demands nothing less than a sober—and sobering—confrontation of the facts. Achebe was no economist, but the central fact of Nigeria’s journey, as far as economic development is concerned, bears out the late writer’s dim take on his country. In a sense, we could say that Achebe was the sounder economist and Mr. O’Neill, in inflating Nigeria’s odds, the fiction-maker.
 
This is not the first time Nigeria has been mentioned enthusiastically in prognoses of dramatic economic growth. Again and again, experts, foreign and homebred, had foretold that Nigeria was on the cusp of becoming a stupendous economic miracle. Each new prediction or declaration would trigger its own surge of elation. Nigeria’s policy makers and their sometimes over-pampered partners in the private sector would go into a spree of premature celebration, as if the word potential was interchangeable with reality, as if promise were the equal of performance. Each time, in the end, the outcome was embarrassing. Rather than rise to its potential, Nigeria always somehow found a way to stay stuck in the mud of failure and mediocrity, continuing to romance its worst nightmares.
 
Nigerians are all-too aware of their country’s missed opportunities. Many years have been lost to wasteful, visionless squander mania. Rampant, unchecked corruption has smothered many a promising grand idea. For many discerning people, Nigeria has become a huge graveyard: a cemetery littered with betrayed dreams, dashed hopes, and asphyxiated aspirations. We’re all too familiar with many dud promissory notes that came with such flamboyant names or phrases as “Green Revolution,” “Consolidating the Gains of SAP,” “Vision 2020-10,” “NEEDS,” “Dividends of Democracy,” and “Transformational Leadership.”
 
Read Nigerian newspapers or watch any Nigerian television station and you’re bound to realize that there’s zero discussion of the things that matter. It’s all about one empty-headed politician decamping from one political party to another; one squabble or another between two politicians or two political parties; one hireling or another warning that presidential power must stay where it is, or must be transferred to a person from a different geo-ethnic sector, or it’s hell-in-Nigeria; some pastor or imam declaiming that God whispered into his/her ears that Nigerians must fast and pray more (even though most of the populace is already on poverty-enforced fasting). Much of Nigeria’s public discourse is taken up by a tizzy of political rants and faux piety.
 
Greatness never comes by accident, nor is it imposed by divinity on an unwilling people. A country, like a person, must prepare—be prepared—for greatness. It starts with dreaming greatness, imagining it, contemplating what it must take, and deciding that the venture is worth the risk, that we’re willing to invest the time, intellect and material resources to translate the dreamed into reality.
 
Do Nigerians dream big? In words, they do, but not in deed. In the 1960s through the 1980s, Nigerian “leaders” used to speak of “this great nation of ours.” But even they have abandoned that species of bad joke! Now, they speak of “moving the nation forward” or “delivering the dividends of democracy.” But the rickety molue they claim to be moving forward is in reverse gear, headed, any moment, for a jagged gorge. Ask any Nigerian official what “dividends” they have delivered and you’re bound to hear such fatuous lines as, “I purchased 100 tractors to mechanize agriculture,” “I don’t owe civil servants any arrears of salaries,” “I bought chalks for all elementary schools in my state,” “I have commissioned 500 water boreholes,” etc, etc.
 
It’s the 21st century, but very little of the language of those who run (that is, ruin) Nigeria suggests that they are aware of what time it is. They’re conscious of the world, of course, but only in a slavish, opportunistic way. They, their relatives and cronies are at their best when they travel in style to the world’s most dazzling cities: New York, Paris, Dubai, Tokyo, Hong Kong, London, Amsterdam, Brussels, Beijing, etc. Once in these cities, they unleash their rank consumerist impulse, eager to bask in the most garish of each city’s sensual offerings. But it never occurs to them that the goods that make them swoon, the services they lust after are products of other thinking people’s imagination and work.  
 
Meanwhile, back home, the masses are steeped in grim lives, trapped by ignorance and disease. Last week in London, a friend showed me a Youtube video of a brackish lake in Nigeria swarmed by thousands of sick, desperate Nigerians who believe that the stagnant body of water has healing powers. I was incensed by the spectacle, the hysteria of ignorance. Then it dawned on me: this is what can happen—what happens—in a country bereft of any healthcare system.
 
I’d like to hear Mr. O’Neill stipulate a recipe for Nigeria’s emergence into economic greatness. Nigeria has a high supply of thinkers, of experts in every field, including economic policy. But the hordes of unthinking, grub-obsessed politicians who dominate the political sphere are consistently threatened by expertise.
 
I don’t know of any country that rose to economic powers via fasting and prayers. And yet that’s the formula most treasured by Nigerian politicians who exhort their victims to fast and pray. Luck can only carry a person or a nation so far. And Nigeria has long exhausted its stock of luck, even if it somehow keeps borrowing some more.
 
The “N” in Mr. O’Neill’s MINT will become yet another mirage unless Nigerians find a way to reverse the toxic culture that validates corruption and venerates mediocrity.
 
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