Building a nation of owners: Democratising wealth creation for shared prosperity in Nigeria

By Suleyman A. Ndanusa
Nigeria’s development discourse has traditionally been framed around familiar objectives of economic growth, poverty reduction, employment generation, industrialization, infrastructure development, and, more recently, financial inclusion. These are important aspirations. Yet beneath them lies a more fundamental question that is seldom asked but may ultimately determine the success or failure of all the others.
Who owns the economy?
The answer to this question matters because prosperity is not determined solely by how much wealth a nation creates. It is equally determined by who owns that wealth. Economic growth can coexist with widespread poverty if ownershi...