The Nigerian founders who have built the most have, in most cases, made no formal decision about what happens to what they built.
What you have built will be governed, after you, by decisions you have not yet made.
Most Nigerian founders who have spent two or three decades building an enterprise, navigating devaluations, regulatory reversals, fuel crises, and market conditions that ended lesser operations, brought genuine strategic discipline to that business. Hard decisions about capital, people, and markets are made under conditions that most business frameworks do not account for. The same founders have brought almost none of that discipline to the question of what happens to the business and to the wealth it represents when they are no longer the people running it. The environment that produced them consistently rewarded presence over planning, and most founders built accordingly.
What most founders have not yet decided
The succession
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