Nigeria risks repeating the cycle of near-reform success syndrome if it does not reform its political institutions—starting with the Independent National Electoral Commission (INEC).
What drives individuals in any activity are the incentives they hope to gain upon its completion. Research has shown that the growth miracles experienced by the Asian Tigers and the growth disasters witnessed in Sub-Saharan Africa are largely driven by incentives.
Adam Smith, in his seminal work The Wealth of Nations
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