Th is book emerged during many years of hits and misses, comings and
goings. It was not directly funded by any par tic u lar or ga ni za tion because
the project materialized as a spin- off of other funded research trips to
Lagos. I am very thankful to the following institutions for providing research
funds to Nigeria since January 2000: the Institute for the Study of World
Politics, in Washington, D.C.; the Lodieska Stockbridge Vaughn Disserta-
tion Fellowship at Rice University; the Center for Afroamerican and African
Studies at the University of Michigan; the Intramural Research Grants
Program at Michigan State University; and the National Science Founda-
tion’s Science and Society Program.
Speculative Markets exists because many generous people shared their
time and intellectual gift s with me. My deepest gratitude goes to Olatubo-
sun Obileye, who introduced me to the world of Nigerian pharmaceuticals.
I could not have written this book without his guidance, nor without the
company of his wife, Doo, and their three lovely girls. Morenike Ukpong,
my long- term research partner based at Obafemi Awolowo University;
and Johnson Ekpere, who was my advisor during my fi rst long- term stay
in Nigeria, at the University of Ibadan, and his wife, Marie Ekpere, have
been sources of intellectual and familial support when I have been far from
I am especially grateful to Fola Tayo, who provided great friendship, sup-
ported my project, and helped me gain access to the University of Lagos’s
medical library. Ifeanyi Atueyi, editor in chief of Pharmanews, the Nigerian
pharmaceutical industry’s leading newsmagazine, generously allowed me
access to the publication’s archives. Kunle Okelola of the Pharmaceutical
Manufacturers Group of the Manufacturers Association of Nigeria assisted
me in accessing pharmaceutical industrial history. Ahmed T. Mora at the
Pharmacists Council of Nigeria helped me with archival research. Charles
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