Within the last one year, we have seen some public discussions around the cost of certain projects in Nigeria. Whether it is the Ajaokuta – Kaduna – Kano (AKK) gas pipeline, the Lagos metro line, or the recent brouhaha about a road awarded by the Abia State Government to Julius Berger, there are allegations of the contract sums being inflated. Now, we clearly have a corruption problem in both public and private sector procurement, however, here are eight simplified, non-corrupt reasons why a project may cost more than we think.
Continue reading “Eight Reasons Why Projects Cost More in Nigeria”Tag: Management
The ViMP 2016 Experience
From 6-12 March, a period spanning one week, 52 young Nigerians were camped together, and had the privilege of learning at the prestigious Lagos Business School. The participants were a motley crew selected from different states in Nigeria, with diverse academic backgrounds. Some were youth corps members, while others had just completed their service year. The common thread linking the participants was their high-flying nature. Each person was smart, had some form of leadership experience, and I had the privilege of being part of them. Continue reading “The ViMP 2016 Experience”
All Play and No Work
With the continuous poor performance of candidates in various external examinations, one does not need any powers of divination to recognize that there is a problem somewhere. While the cause appears multifaceted, it is clear that one of its faces is the proclivity of many students for fun and entertainment. Continue reading “All Play and No Work”
Authority without Responsibility
As an engineering undergraduate student, one of the requisite courses at my institution was a course on management. Industrial Law & Management introduced students to the ethos of management, our very own undergraduate “MBA” course. That little glimpse left a lasting impression on some of us.