In the News: Uncovering the Dynamics of Nigeria’s Pharmaceutical Markets with Kristin Peterson

posted by Jolene McCall

On a recent trip to Lagos, Nigeria, Dr. Kristin Peterson spoke with Kunle Ajibade, executive editor of PM News regarding her book Speculative Markets: Drug Circuits and Derivative Life in Nigeria. In this in depth interview titled, “How Fake And Substandard Drugs Get To Nigeria,” Peterson discusses her ethnographic research taking place in the neighborhood of Idumota on Lagos Island where heavy pharmaceutical trading occurs. Peterson makes connections beyond the local market of Idumota to macro level markets, contributing to theory on the global flows of capital. Her book is described as a “sobering ethnographic analysis of the effects of speculation and ‘development’ as they reverberate across markets and continents, and play out in everyday interpersonal transactions of the Lagos pharmaceutical market.” In the interview with PM News, Peterson further expatiating on her work through articulating the complex political and historical contexts of Nigeria’s drug markets.