There is much to like in Nigeria, says RenCap's Chief Economist Charles Robertson

Lagos, Nigeria

We have always maintained that Nigeria’s future does not lie with oil, and are encouraged by the high quality government team that is pushing hard for diversification.

We think the government that took office just three months ago is ambitious, smart and realistic. It is a credit to President Muhammadu Buhari that this team – largely unknown to global investors – is of such high quality. On our trip to Nigeria last week it was also refreshing to look at the country’s plans from the government’s perspective – rather than through the financial market lens which at present can focus on little else than the currency and the oil price.

Read more: Charles Robertson on why there is much to like in Nigeria