State Capture: Who Really Owns Nigeria?: Full Edition

Who Really Owns Nigeria?

Mr. Adeyemi worked at NITEL for thirty-two years. He maintained exchanges in Lagos, trained technicians in Kaduna, and installed trunk lines that connected Nigerian cities. He watched the company that employed 20,000 Nigerians sold for $252 million — to a consortium that included the son of a former minister — after a $1.3 billion bid was excluded on "technical grounds." His monthly pension is ₦15,000. State Capture is the forensic investigation of who actually owns Nigeria: how a revolving group of eight to ten families have harvested the Nigerian state across successive administrations, turning privatisations, subsidy programmes, land allocations, and regulatory agencies into vehicles for wealth transfer from 220 million citizens to a few hundred beneficiaries.