The $2.7 billion hole in the bank

The military regime is leaving its civilian successor a mountain of dubious debts and undermining prospects for economic recovery

General Olusegun Obasanjo's newly elected government starts work on 29 May. But the bright hope is dimmed by an unexpectedly grim financial legacy from the outgoing military regime of Gen. Abdulsalami Abubakar. Finance Minister Ismaila Usman has ann...

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