Shamsuddeen Usman

Shamsuddeen Usman CON, OFR (born 18 September 1949) is a Nigerian economist, banker, technocrat and public servant. He is currently the CEO of SUSMAN & Associates, an economic, financial and management consulting firm headquartered in Nigeria.

Quotes

• But the greatest cost of all is the erosion of trust. When our youths see a system that appears to reward political connection over competence, and personal ambition over public welfare, they lose faith. This is the most dangerous outcome of the broken promise, because a society without trust in its institutions cannot build a prosperous and peaceful future. The most serious danger, moreover, is not just that they lose faith, but that they begin to accept that such behaviour is normal, is okay and is inevitable.
• In the book, we identify the root of our national struggle as something economists call the ‘principal-agent problem’. But let us set aside the academic jargon for a moment. At its heart, this is not an economic theory; it is a human story. It is a story about a broken promise.