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Nigeria is proposing to transfer a 10 percent stake in the national oil company to delta communities; citizens of the delta would then be entitled to cash benefits, delivered through a trust-type mechanism. Read about it here.
That would be a real live breakthrough on a good idea proposed in CGD papers for Iraq and Ghana.
While most of us were taking a holiday yesterday, Molly Kinder, who previously worked as a program coordinator at CGD on Millions Saved, and is now a graduate student at Harvard's Kennedy School of Government, sent the following reflections on Presidents' Day.
Yesterday the United States celebrated Presidents' Day, a holiday which rarely gives reason to pause, beyond perhaps the gratitude for a long weekend. This year, however, I did a double take. The image that Presidents' Day has long evoked in my head -- George Washington, Abe Lincoln, Ronald Reagan -- has recently undergone a makeover and now has a striking new feature: her gender.