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Comments by "" (@orboakin8074) on "The New Geopolitics of Oil." video.
As a Nigerian, I can't argue with your objective observations regarding my country and Africa as a whole concerning our oil sectors. It's genuinely depressing.
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@Microphunktv-jb3kj well said, friend. It's mainly because of how broken our institutions, governments and even cultures are. Poor institutions and governments leads to lack of good leadership, corruption and policies. Our culture and tribalism hinders stability, limits trust and socioeconomic development. That is sadly why even tax collection is so pitiful. Even when we do pay taxes, hardly any of it goes towards development or infrastructure and this breeds more mistrust. The only exception I have seen in all of Africa is Botswana. The west has corruption but at least theirs works for their society and is not malignant as ours. The Dolton Mayor is a perfect recent example but at least her corruption hasn't crippled the village she was elected in and she is being prosecuted.
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44:07 This makes me really happy, especially as a Nigerian. Screw OPEC!
3