economic future by anticipating long term consequences of present-day events. It, therefore, contains important information for strategic planners, investors, politicians, lobbyists and generally everyone interested or will be affected by political and economic changes in the country. The book helps to lay out sufficient advanced warning to shifts in political and economic trends and can be used to:
– Develop detailed short and long term plans for businesses.
– Develop contingency plans and risk management strategies
– Inform the business community of Nigeria’s current political and economic environments and provide guides on what may change
– Provide adequate information for everyone interested in Nigeria to make informed decisions such as a decision to relocate or not
Navigate is available at your top retail outlets.
What will you give to see what will happen in your life for ten years? Perhaps, it can help you begin to review some of the decisions you are making today, so they may lead to your desired outcomes. One of man’s challenges is that he cannot see so far ahead to let him enjoy opportunities of the future while escaping the dangers that reside therein.
Imagine that you could actually anticipate the economic recession that hit Nigeria in 2016. Most especially the downfall of the naira against other currencies. Perhaps, you would have protected your financial interests and kept your money in more stable deposits that will enable you to ride the wave of the economic crisis without your financial situation worsening. Perhaps you would have delayed some of your transactions while hastening others.
Here I give an overview of the book. I also set the pace into our trends here and breakdown how the chapters will unfold.
The chapter distinguishes between forecasting and scenario planning. It gives the historical background to scenario planning and breaks down the steps to building scenarios.
Chapter 3 gives a general overview of Nigeria’s economic and social trends. The chapter also compares Nigeria’s situations with some selected members of the Goldman Sachs’ Next 11, believed to be the next biggest economies in the world.
This chapter digs deep into different economic indicators ranging from inflation rates, interest rates, government debt to GDP ratio, GDP, GDP per capita as well as the economic performance of several industries.
This chapter examines how Nigeria is keeping its social responsibilities together. It examines the country’s inter-ethnic relationships as well as other social welfare indicators.
Chapter six reveals how strong Nigeria’s democratic process is growing, although in spite of the dwindling voter turnouts. This chapter also discusses the trends in Nigeria’s political parties.
After an extensive PES analysis, the book follows the scenario planning process to build a plausible future available to Nigeria.
In these chapters, we discuss the flags to watch out for as any of these futures unfold. Then we give our final remarks. These chapters discusses some of the flags people should watch out for and what they will mean for the country in subsequent years. These flags will enable people, businesses and other decision makers understand how to anticipate results of certain events that play out in the country.
Chapter 12 includes a unique tool to help you navigate the future of Nigeria. The tool helps you track the flags for each of the plausible futures so that you have a better understanding of where we are and adjust your sails as you go.
No one can safely predict the future but one can make out some of it from today’s realities. Olumayowa has applied his expertise and experience with some of the world’s top scenario planning organizations to deliver what is certain to be one of the most realistic projections of Nigeria to 2030. Nigeria, in this book, has got a peek into what could come and what can be stopped from happening even before the year 2030.
Okediran points out, and rightly so, that Nigeria’s economic progress on a continent that has not always been blessed with economic giants stands us in good stead for the future, but all that progress can be swatted away with further instability and market interference by the political class. At best, one can choose to be cautiously optimistic about Nigeria’s future, but our history is replete with many false starts; we must not be naïve about what it will take to lead us forward from here. The<br /> great Maya Angelou once said: “I have great respect for the past.
Exciting panorama of Nigeria’s past; how we got here and ‘where the rain started to beat us’. …Written with patriotic zest and intellectual candor, Navigate: A Prospection of Nigeria’s Future to 2030 gives me joy that our youth are not sleeping after all.
Navigate: A prospection of Nigeria’s future to 2030 is a bold and important book, asking questions and wading into forbidden territories – an exercise that is vitally essential but where few would navigate. Okediran does not forecast Nigeria’s future; instead – and this is what sets him apart from many writers on Nigeria – he employs scenario planning, a technique which posits that Nigeria’s future could take several shapes….How would Nigeria’s future turn out to be will depend upon current trends and how successful are Nigeria’s efforts to reshape such trends. A timely book and essential reading.
There is no better time in the history of Nigeria to bring up the need for better foresight, scenarios analysis and forward thinking into the discourses and analyses of the multifarious problems confronting the country – plus their possible solutions – than now.</p> <p>… What Olumayowa has done with this book is to ignite the flame of that vital discourse, of the search for solutions that will explore the alternative future pathways for Nigeria, and will eventually zero in on the most desirable future(s) and work towards getting to such future(s). …I hope those with interests in Nigerian governance can read this book – especially young and middle aged Nigerians who are already coming into their own in the political arena.
It is an early attempt to put observers’ feet firmly on the ground and give them an informed sense of what to expect of Nigeria over the next decade and a bit.</p> <p>Considering, again, the scale of the challenge, Okediran introduces the reader to a very useful series of indicators and trends that will certainly provide those not intimately briefed on the country with some of the hard data and information necessary to start developing an informed view.