The More Sibyl Podcast Presents: The One with Afolabi
Now, even more than before, many Nigerians are leaving the country to seek better opportunities in developed countries. This is unsurprising if you consider the prolonged political and economic instability that have rendered the country hard and reductive for its inhabitants. For those who have moved abroad, fewer are even willing to relocate to Nigeria voluntarily. That’s why I find today’s guest intriguing. Meet Afolabi, who holds dual citizenship as a Nigerian and an American. He spent a chunk of his formative years in the US but made the decision to move back to Nigeria after college. In this episode, we explored the reason behind this decision, returnee issues, and how small businesses can thrive in a parasitic environment like Nigeria. Finally, what Nigeria, despite its extractive economic and political institutions, where a culture of monopoly, corruption, and lack of political rights are the norm, does relatively better to help businesses grow compared to Western countries.
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