The Nextier

𝗬𝗼𝘂 𝗮𝗿𝗲 𝗻𝗼𝘁 𝗮 𝘀𝘁𝗿𝗼𝗻𝗴 𝗹𝗲𝗮𝗱𝗲𝗿 𝗶𝗳 𝘆𝗼𝘂 𝗰𝗮𝗻𝗻𝗼𝘁 𝗯𝘂𝗶𝗹𝗱 𝗮 𝘀𝘁𝗿𝗼𝗻𝗴 𝗶𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻! -𝗣𝗿𝗼𝗳. 𝗥𝗶𝗰𝗵𝗮𝗿𝗱 𝗝𝗼𝘀𝗲𝗽𝗵 On Wednesday, November 20, 2024, Patrick O. Okigbo III, Founding Partner, Nextier, facilitated a Development Discourse session, which serves as the firm’s platform for public policy discussions. The session featured Prof. Richard Joseph, a distinguished scholar specialising in Africa's political economy. The discussion focused on Professor Joseph's influential work, “𝗗𝗲𝗺𝗼𝗰𝗿𝗮𝗰𝘆 𝗮𝗻𝗱 𝗣𝗿𝗲𝗯𝗲𝗻𝗱𝗮𝗹 𝗣𝗼𝗹𝗶𝘁𝗶𝗰𝘀 𝗶𝗻 𝗡𝗶𝗴𝗲𝗿𝗶𝗮: 𝗧𝗵𝗲 𝗥𝗶𝘀𝗲 𝗮𝗻𝗱 𝗙𝗮𝗹𝗹 𝗼𝗳 𝘁𝗵𝗲 𝗦𝗲𝗰𝗼𝗻𝗱 𝗥𝗲𝗽𝘂𝗯𝗹𝗶𝗰”. This book examines the deeply rooted system of prebendalism in Nigeria and its detrimental impact on national development. Professor Joseph articulated a vision for an “enterprise society” where individuals leverage their skills to promote economic growth. This vision is underpinned by an education system responsive to the demands of a technologically driven world. Furthermore, revitalising Nigeria’s economy depends on empowering the general populace, especially the youth, rather than the current focus on the elite. In the context of the 2024 Nobel Prize in Economics, Prof. Joseph emphasised the importance of institutions as an explainer variable. He downplayed the impact of path dependency by citing Botswana and Singapore as examples of countries that, despite facing historical challenges, made strategic decisions that led to their progress. He stressed that Nigeria can follow a similar path, if it can significantly reshape its political economy. Overcoming prebendal politics requires adopting alternative, ethical approaches to governance and development across all levels of society. It requires empowering Nigerians, particularly the youth, as catalysts for change. Citing Arthur Ashe—"𝗦𝘁𝗮𝗿𝘁 𝘄𝗵𝗲𝗿𝗲 𝘆𝗼𝘂 𝗮𝗿𝗲. 𝗨𝘀𝗲 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲. 𝗗𝗼 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗰𝗮𝗻"—𝗵𝗲 𝗲𝗻𝗰𝗼𝘂𝗿𝗮𝗴𝗲𝗱 𝗮 𝗰𝗼𝗹𝗹𝗲𝗰𝘁𝗶𝘃𝗲 𝗿𝗲𝗶𝗺𝗮𝗴𝗶𝗻𝗶𝗻𝗴 𝗼𝗳 𝘁𝗵𝗲 𝗻𝗮𝘁𝗶𝗼𝗻. This vision for nation-building requires collaboration among the government, civil society, and the private sector, grounded in optimism and a shared belief in the possibility of a brighter future. Click on https://bit.ly/DevDisc_PRJ to watch the chat. Similar videos are available on YouTube: “𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗗𝗶𝘀𝗰𝗼𝘂𝗿𝘀𝗲 𝘄𝗶𝘁𝗵 𝗣𝗮𝘁𝗿𝗶𝗰𝗸 𝗢. 𝗢𝗸𝗶𝗴𝗯𝗼 𝗜𝗜𝗜.” _____________ Centre for Democracy and Development (CDD-West Africa), Public Policy Forum, U.S. African Development Foundation (USADF), United Nations, Centre for Public Policy Research, The World Bank, Politics For Impact, Institute of Development Studies, Development Partners International (DPI), The Foreign Policy Centre, Institute of World Politics, MacArthur Foundation, McKinsey & Company, European Union, Nigerian Economic Summit Group (NESG), Ndubuisi N. Nwokolo, PhD, Emeka Okpukpara

𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗮𝗻𝗱 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 - 𝗧𝗵𝗲 𝗪𝗵𝗮𝘁, 𝗪𝗵𝘆𝘀 𝗮𝗻𝗱 𝗛𝗼𝘄𝘀 This episode discusses how Nigeria can bridge the climate finance gap to meet its ambitious targets. Our guests, Chintal Barot (Founder, Co-Sustain Consulting) and Titilayo Oshodi MCIPM, FISMN (Special Adviser on Climate Change and Circular Economy to the Governor of Lagos State), share insights on accessing funding, the role of gender in climate finance and why the economic argument is crucial for driving climate action. Some states are already making big moves with climate-smart projects, and we explore how they’re pushing for greener infrastructure, smart finance, and lasting change. Tap here: https://spoti.fi/3YmEpVJ to join the conversation. This podcast series is brought to you by the Women on the Grid Hub and produced by The Nextier. WATTS 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗚𝗿𝗶𝗱’? Is a Women on the Grid Hub initiative, supported through the UKNIAF programme, delivered by Tetra Tech, and funded by FCDO (Foreign, Commonwealth and Development Office).

Developing a load forecast is the crucial first stage in crafting an Integrated Resource Plan (IRP). Predicting future energy demand and peak load requirements sets the foundation for evaluating existing assets and planning effective energy systems. Using Statistical or AI-driven methods, forecasts are tailored to a state’s specific needs. Curious about the next six stages? Keep reading to explore Nextier's complete IRP framework!

The race towards resuscitating State Security Trust Funds (SSTFs) and establishing new ones in the Southeast is informed by the increasing insecurity in the region, and the neoliberal approach to security provisioning favours a public-private partnership model for security funding. The SSTFs in the Southeast present many opportunities, yet there are threats to the effective application of the SSTFs for addressing the insecurity in the region. There is a need to accelerate the SSTFs for addressing insecurity in the region through a nuanced model of SSTFs that supports the implementation of soft approaches rather than all-out kinetic approaches to insecurity. ____________ Centre for Democracy and Development (CDD-West Africa), Council on Foreign Relations, ECOWAS Commission, Nigerian Economic Summit Group (NESG), CEsA - Centre for African and Development Studies, Foreign, Commonwealth and Development Office, Institute for Peace and Conflict Resolution, United States Institute of Peace, Ndubuisi N. Nwokolo, PhD, Okoli Chukwuma R., PhD, Ndidi Anyanwu, Kenn Maduagwu, Samuel Oluwajobi, Olive Aniunoh, Joshua Biem, Patrick O. Okigbo III, Emeka Okpukpara

On Wednesday, November 20, 2024, Patrick O. Okigbo III, Founding Partner, Nextier, facilitated a Development Discourse session, which serves as the firm’s platform for public policy discussions. The session featured Prof. Richard Joseph, a distinguished scholar specialising in Africa's political economy.   The discussion focused on Professor Joseph's influential work, “𝗗𝗲𝗺𝗼𝗰𝗿𝗮𝗰𝘆 𝗮𝗻𝗱 𝗣𝗿𝗲𝗯𝗲𝗻𝗱𝗮𝗹 𝗣𝗼𝗹𝗶𝘁𝗶𝗰𝘀 𝗶𝗻 𝗡𝗶𝗴𝗲𝗿𝗶𝗮: 𝗧𝗵𝗲 𝗥𝗶𝘀𝗲 𝗮𝗻𝗱 𝗙𝗮𝗹𝗹 𝗼𝗳 𝘁𝗵𝗲 𝗦𝗲𝗰𝗼𝗻𝗱 𝗥𝗲𝗽𝘂𝗯𝗹𝗶𝗰”. This book examines the deeply rooted system of prebendalism in Nigeria and its detrimental impact on national development. Prof. Joseph highlighted the significant economic disparity between Asia and Sub-Saharan Africa. While the former prioritised investments in human capital, physical infrastructure, and transformative leadership, Nigeria, for example, remains trapped in the vicious cycle of prebendal politics. In the context of the 2024 Nobel Prize in Economics, Prof. Joseph emphasised the importance of institutions as an explainer variable. He downplayed the impact of path dependency by citing Botswana and Singapore as examples of countries that, despite facing historical challenges, made strategic decisions that led to their progress. He stressed that Nigeria can follow a similar path, if it can significantly reshape its political economy. Professor Joseph articulated a vision for an “enterprise society” where individuals leverage their skills to promote economic growth. This vision is underpinned by an education system responsive to the demands of a technologically driven world. Furthermore, revitalising Nigeria’s economy depends on empowering the general populace, especially the youth, rather than the current focus on the elite. While acknowledging religion’s role in Nigeria’s story, Prof. Joseph cautioned that relying on faith to address national challenges may diminish citizens' sense of agency. This could limit their active participation in building the nation. He acknowledged the positive examples of transparency and accountability exhibited by certain religious organisations, advocating for scaling these practices to promote broader societal transformation. Overcoming prebendal politics requires adopting alternative, ethical approaches to governance and development across all levels of society. It requires empowering Nigerians, particularly the youth, as catalysts for change. Citing Arthur Ashe—"Start where you are. Use what you have. Do what you can"—he encouraged a collective reimagining of the nation. This vision for nation-building requires collaboration among the government, civil society, and the private sector, grounded in optimism and a shared belief in the possibility of a brighter future. Click on https://bit.ly/DevDisc_PRJ to watch the chat. Similar videos are available on YouTube: “Development Discourse with Patrick O. Okigbo III.”

𝗝𝗢𝗜𝗡 𝗢𝗨𝗥 𝗧𝗘𝗔𝗠! Nextier: Building the society we want to live in

𝗛𝗔𝗣𝗣𝗘𝗡𝗜𝗡𝗚 𝗡𝗢𝗪! 𝗣𝗥𝗘𝗕𝗘𝗡𝗗𝗔𝗟𝗜𝗦𝗠 𝗔𝗡𝗗 𝗔 𝗙𝗨𝗧𝗨𝗥𝗘 𝗙𝗢𝗥𝗘𝗧𝗢𝗟𝗗: Reimagining Nigeria Join here: https://bit.ly/DevDisc_PAF Patrick O. Okigbo III, in conversation with Prof. Richard Joseph 𝗗𝗮𝘁𝗲:  Wednesday, November 20, 2024 𝗧𝗶𝗺𝗲:  3:00 p.m. - 4:30 p.m. (WAT)

Historically, electricity markets operated as monopolies, but by the late 20th century, American states like California and Texas spearheaded a shift toward competitive models through deregulation in the 1990s. These transformative efforts attracted private investment and revolutionized electricity infrastructure. As Nigerian states embark on developing their electricity markets, the question remains: 𝘄𝗵𝗮𝘁 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝘀𝘁𝗲𝗽𝘀 𝗺𝘂𝘀𝘁 𝘁𝗵𝗲𝘆 𝘁𝗮𝗸𝗲 𝘁𝗼 𝗲𝗻𝘀𝘂𝗿𝗲 𝘀𝘂𝗰𝗰𝗲𝘀𝘀? This article provides the answers.

𝗣𝗥𝗘𝗕𝗘𝗡𝗗𝗔𝗟𝗜𝗦𝗠 𝗔𝗡𝗗 𝗔 𝗙𝗨𝗧𝗨𝗥𝗘 𝗙𝗢𝗥𝗘𝗧𝗢𝗟𝗗: Reimagining Nigeria Patrick O. Okigbo III, in conversation with Prof. Richard Joseph 𝗗𝗮𝘁𝗲:  Wednesday, November 20, 2024 𝗧𝗶𝗺𝗲:  3:00 p.m. - 4:30 p.m. (WAT) 𝗭𝗼𝗼𝗺: https://bit.ly/DevDisc_PAF ______________________ Centre for Democracy and Development (CDD-West Africa), Public Policy Forum, U.S. African Development Foundation (USADF), United Nations Economic Commission for Africa, Centre for Public Policy Research, The World Bank, United Nations Economic Commission for Africa, Politics For Impact, Institute of Development Studies, Development Partners International (DPI), Public Policy Forum, The Foreign Policy Centre, Institute of World Politics, MacArthur Foundation, McKinsey & Company, European Union, Nigerian Economic Summit Group (NESG), Chatham House, Policy, Politics and Governance Foundation (PPGF), Havard University, Government of Nigeria, Chidimma Linda Obi, Ndubuisi N. Nwokolo, PhD, Emeka Okpukpara

𝗣𝗨𝗕𝗟𝗜𝗖 𝗣𝗢𝗟𝗜𝗖𝗬 𝗔𝗡𝗗 𝗔𝗚𝗘𝗡𝗧 𝗜𝗡𝗧𝗘𝗥𝗘𝗦𝗧: Perspectives from the Emerging Worlds Patrick O. Okigbo III, in conversation with Dr Shamsuddeen Usman https://lnkd.in/dXMzR_99