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Politics, policy

Public focus is on 2023 politics rather than pro-poor policy making

Our fundamental problem in Nigeria isn’t the quality of our elections; our problem lies at the heart of our understanding of democracy: we have no institutionalised forms of welfare or true commitment to equality and social justice. When will we see that beyond APC or PDP our problem is the extreme form of capitalism we practise which legitimises prioritising the comforts, needs and financial opportunities of the rich at the expense of everyone else in society? In America, income inequality is frequently a topic of discussion. Conversely, in Nigeria, the media and public opinion are obsessed with electoral politics, reducing our understanding of political affairs to the competition for power involving various individuals running for office; but we rarely discuss the structural issues which impede development no matter which persons or parties are in power. Doing so runs counter to the interests of some very highly placed people.

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Michael Larbie

Political standoffs will not affect policy continuity in Nigeria – CEO Rand Merchant Bank

Michael Larbie is the Chief Executive Officer of Rand Merchant Bank Nigeria, a subsidiary of the South Africa based FirstRand Group. In this interview Labie speaks on the bank’s effort to distinguish itself in the intensely competitive Nigerian banking industry. He also spoke on the forthcoming general election and its impact on the economy.

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