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Economist Podcasts

A close-it call: Nigeria’s uprising

Economist Podcasts

The Economist

News & Politics, News

4.35K Ratings

🗓️ 15 October 2020

⏱️ 22 minutes

🧾️ Download transcript

Summary

Angry protests following an alleged police killing continue, even after a hated police unit was shuttered. That exposes far-deeper discontent. Banks’ earnings this week show that belt-tightening earlier in the year has held them in good stead. What to do with the growing cash-pile? And misguided infrastructure plans have many Egyptians in a roads rage.

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Transcript

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0:00.0

Hello and welcome to the Intelligence on Economist Radio. I'm your host, Jason Palmer.

0:09.9

Every weekday, we provide a fresh perspective on the events shaping your world.

0:17.5

Big banks are reporting their quarterly earnings this week, and broadly, they're doing pretty well.

0:23.5

Belt tightening earlier in the year seems to have staved off disaster. Now many banks are

0:29.1

sitting on piles of cash. Question is, save it or spend it. And roadworks abound in Egypt. There are highways cutting through leafy Cairo neighborhoods

0:40.6

and skirting the edges of the great pyramids. Many seem poorly built. Some are out and out

0:46.5

dangerous, and mostly they look like political pandering. But first...

0:57.0

A video of a man apparently being killed by police goes viral.

1:05.0

Protests break out, grow and spread, even internationally.

1:11.6

Calls for police reform get louder and louder.

1:15.6

The police react violently.

1:19.6

Protesters are killed.

1:21.6

It's too familiar a story, and this time it's happening across Nigeria.

1:28.9

The focus of the protesters' fury is a group called the Specialist Anti-Robbery Squad, or

1:34.2

SARS, a secretive outfit with a long-running reputation for brutality.

1:39.1

Stop killing our boyfriends. Stop killing our children. Stop. Mothers are crying. Stop killing them.

1:46.0

It seems clear that Nigeria's people have had enough. President Muhammadu Buhari has already

1:51.6

made concessions, but the protest mood hints at discontent that stretches far beyond police reform.

1:58.7

These have been completely widespread protests taking place in most of the major cities,

2:03.1

not least in Lagos, which is the main commercial hub, and Abuja, which is the capital.

2:08.0

Jonathan Rosenthal is the economist's Africa editor.

2:11.1

It is the biggest rising in Nigeria in a very long time.

...

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