Jump to navigation

Vol 65 No 17

Published 23rd August 2024


Nigeria

Freetown’s business school buys $4.5m hole in the bush

Sierra Leone University lost US$4.5m of public money to a Nigerian company after red flags were ignored and safeguards overridden. Then, they kept it secret

An Africa Confidential Special Report By Josef Skrdlik and Andrew Weir  

Read this Special Report for free here: Freetown’s business school buys $4.5m hole in the bush 

Plus the accompanying report: Femab Properties’ chequered past in which we probe the often questionable history of Sierra Leone's Nigerian partners and ask why multiple warning signs were ignored

 

The Bureh Town campus site after five years after work stopped.

The Bureh Town campus site after five years after work stopped. Pic: Josef Skrdlik



Related Articles

The men from the south

Bayelsa State's head of security, Bola Igali, barked orders into his mobile phone. 'We have a security situation developing,' he told Africa Confidential, breaking off the interview. Shooting...


Oil majors tax threat

The Nigerian government plans to raise an extra US$1 billion next year in royalties from the oil majors as it struggles to fund a record budget and curb...


How the Central Bank could win next year's election

Those backing governor Godwin Emefiele for the presidency believe eight years of cheap loans to millions of small farmers will pay dividends

The clamour among senior government officials for Central Bank governor Godwin Emefiele to vie for Nigeria's presidency has its roots in his politically oriented management of the institution...

READ FOR FREE

It's the economy

Amid the campaign razzamatazz, politicians are ignoring the looming economic disaster

In the party conventions and in the lobbies of Abuja’s smart hotels, the talk is of who should be the new civilian president - and of how to...