The Nellis project was developed through a complex arrangement between the Air Force and financial partners where power providers covered system construction costs in return for a guaranteed market along with substantial federal tax subsidies and other incentives.
We also saw a huge opportunity, everyone had ideas about how the financialsystem could be improved, but the power to do something with those ideas seemed to be held by a few.
It was abolished and now legislative proposals would give more power to the Federal Reserve to oversee the biggest companies underpinning the financialsystem.
Nigeria could funnel its oil revenues into a more efficient financialsystem that could provide capital to the private sector to build roads and power stations and expand private enterprises, such as farming.