How Lagos became the beating heart of Nigeria’s private sector

Since the 2023 presidential election in Nigeria, many supporters of Bola Tinubu—Nigeria’s president and former governor of Lagos—have attributed the development of Lagos to his leadership. Often, these supporters say, “He built Lagos,” without acknowledging the natural advantages Lagos holds over other states.

Throughout history, nations situated along the sea have accumulated tremendous wealth due to maritime trade. Countries like Venice, England, China, and South Africa leveraged their access to the sea to prosp

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