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. One of the signature failures of imperial strategists at the turn of the 19th century was to take little if any account of the traditional demographics of the territories and societies that were subdivided, and often joined together, into spheres of foreign influence, later evolving into colonies, and finally into nation states.