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Nigeria

Nigeria

Population: 227.71m
GDP: $199.72bn
Debt: 50.68% of GDP (2024)

news from Nigeria

Category: all

Found 830 articles.

Displaying 16 results from 1999 (out of 830 total).

Lousy legacies

President Obasanjo's good start is being threatened by poverty and ethnic nationalism

Street fighting over control of a local market in the old capital, Lagos, in late November, in which over 100 people have died, started just as President Olusegun...


Cleaning up oil

At last people are taking Obasabjo's crackdown on oil crooks seriously

Recent high-level visitors to Abuja have left apparently convinced that President Olusegun Obasanjo is reversing 20 years of corruption and mismanagement in Nigeria's oil industry, the heart of...


Obasanjo's one hundred days

President Obasanjo moves with surprising speed against patronage but the inevitable clouds loom

For now, it is no longer business as usual in Nigeria. In just three months, President Olusegun Obasanjo's whisk broom of reform has swept away the notoriously parasitical...


Clearly confusing

Three months on, the economic policy of General Olusegun Obasanjo's government remains opaque. While the price of oil, which at US$20 a barrel is nearly twice that...


All hail to the chief

President Olusegun Obasanjo returns to power amid hopes that the country's decline can be reversed after 15 years of military rule

Government business took off at a frenetic pace after the 29 May inauguration of President Olusegun Obasanjo. Launching proceedings, Obasanjo made a powerful attack on corrupt contractors,...


Exeunt sojas

It was a spectacular coda to 16 years of military rule. On 29 May, more than 30 heads of state, ex-heads of state and international dignitaries -...


New team, old players

President Obasanjo mixes old military friends and human rights activists in his new cabinet

'Is this 1999 or 1979?' asked one senator on seeing President Olusegun Obasanjo's list of 42 ministerial nominees. Another opined more diplomatically that the list favoured 'experience over...


Golden parachutes

Military 'pensions' and mismanagement threaten the incoming civilian government

It's now clear that President Olusegun Obasanjo's incoming civilian government will face a major financial crisis when it takes office on 29 May. The massive drawdown in foreign...


Soldier go, soldier come

President-elect Obasanjo's greatest challenge will be his plans to reform the military and end the putschist mentality

The Nigerian conundrum - ‘it takes a soldier to end army rule’ - is to be tested again. General Olusegun Obasanjo, the choice of most army officers...


Virtual voters

Election monitors coined a phrase for General Olusegun Obasanjo’s presidential victory on 27 February: the result was not ‘free and fair’ but ‘generally reflects the will of the...


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...


The General's election

Twenty years after he left power, Gen. Obasanjo looks set to return, this time with an electoral mandate

General Olusegun Obasanjo, Nigeria’s first military officer to hand power to an elected government, looks set - 20 years later - to become the first officer to win...


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...


Who's counting?

Talks between Abuja and the IMF reveal an even grimmer economic picture this year

Nigeria's politicians, soldiers, bankers, farmers, taxi drivers and creditors all know that the economy is weaker than at any time since Independence in 1960. Indeed, the figures agreed...


Displaying 16 results from 1999 (out of 830 total).