Lagos has recently been referred to as the model Nigerian states should strive to emulate.
I’ve heard it said that because Lagos state was largely refused federal funding back in the “Tinubu days” (not like the “Tinubu days” have technically gone; Jagaban still remains the Jagaban), the state was forced to source its funding from within i.e Taxes, Fines, Fees etc.
All seems to be well and good except for the concern that as Lagos continues to strive to become a true MegaCity, a larger percentage of the middle - lower class is gradually being phased out as the state continues to strike deals and partnerships and implement policies more like a “business” and maybe not a “government”; I might be wrong.
For example, this article on the upcoming environmental concerns about the Eko Atlantic City, begs the question if such potential concerns were put into consideration while signing this deal, as well as what checks and balances were put in place to ensure the private firm has the best interest of the state as a whole at heart.
I agree that a large part of the problems we have as a country are due to the inefficiencies associated with governments and how they are run, but is “privatisation” a true panacea? Is the solution to completely overhaul current failing governmental systems and begin to run them with a bid to ensure sustainability/efficiency; measuring them using profitability metrics?
As John T. Harvey put it:
The problem in a nutshell, is that not everything that is profitable is of social value and not everything of social value is profitable.
Where should the line be drawn?