Nigeria was a unique concept in the formation of modern Africa. It began life as a highly lucrative if climatically challenging holding of the Royal Niger Company, a British Chartered Company under the control of Victorian capitalist Sir George Taubman Goldie. It was handed over to indigenous rule in 1960 with the best of intentions and a profound hope on the part of the British Crown that it would become the poster child of successful political transition in Africa. It did not.