Vol 1 (AAC) No 2 | NIGERIACHINA Bringing it all back home 24th October 2008 Asian buyers face tough competition from local bidders as Shell sells a big stake in its oil business China has a new competitor for oil resources in Nigeria, according to company leaks and media reports. Royal Dutch/Shell is understood to be looking to sell a 49.8% stake in...
Vol 1 (AAC) No 1 | NIGERIAASIA New order, new deals 23rd October 2008 Asian companies face new rules and new relationships in Africa’s most prolific but politically complex oil producer Reforms in Nigeria’s oil sector, promised by Minister of State for Oil Odein Ajumogobia, will mean that some of the multibillion dollar deals with Asian companies will be reviewed...
Vol 48 No 25 | NIGERIA See you in court 14th December 2007 Judges are regaining confidence and striking out faked elections, right up to the top The paradox at the heart of Nigeria's latest political drama is that President Umaru Musa Yar'Adua credibly presents himself as a politician who is serious about reinstating the...
Vol 48 No 25 | NIGERIA The oil governor under arrest 14th December 2007 Ibori incarcerated after investigation Former Governor of Delta State James Ibori was arrested in the early hours of 12 December by officials from the Economic and Financial Crimes Commission (EFCC) who have...
Vol 48 No 23 | NIGERIAANALYSIS All come to the aid of the party – and fight it out 16th November 2007 All the rival factions in the governing People’s Democratic Party hope to benefit from the postponement of its critical national convention, which has been rescheduled to January. Who wins out at the convention will determine the shape of the government for the next four years. The key issues are control of senior positions within the PDP hierarchy and the party’s support for political reform. Power-brokers on all sides in Abuja seem encouraged by the surprise announcement by the Independent National Electoral Commission on 8 November that the People's Democratic Party convention would...
Vol 48 No 22 | NIGERIA Which rules? Whose laws? 2nd November 2007 President Yar’Adua’s call for the rule of law could have unexpected consequences It has been a good week for the many Nigerians who like reversals of fortunes. On 30 October, the free-spending Speaker of the House of Representatives, Patricia Etteh,...
Vol 48 No 22 | NIGERIA Godfathers, the sequel 2nd November 2007 President Umaru Musa Yar’Adua talks about the rule of law while his own party remains populated by politicians and godfathers widely suspected of corruption, electoral fraud and violence....
Vol 48 No 21 | NIGERIAWORLD BANK Renaissance woman 19th October 2007 Renaissance Capital has a new Chairperson for its advisory committees on Nigeria and Africa. The World Bank has a new Managing Director. And both institutions have secured the...
Vol 48 No 20 | NIGERIAUNITED NATIONS A Katsina man in New York 5th October 2007 Nigeria's President Umaru Musa Yar'Adua's maiden voyage to New York to speak at the United Nations General Assembly was choreographed by an improbable band of bankers, publishers, itinerant...
Vol 48 No 18 | NIGERIA A tale of two cities 7th September 2007 Amid growing mayhem in the Niger Delta President Yar'Adua has started to restructure the country's oil business It has been the worst of times in the oil capital of Port Harcourt in the 100 days since President Umaru Musa Yar'Adua was elected. And it has...
Vol 48 No 18 | NIGERIA Gas project haunts politicians 7th September 2007 New developments in the investigations into Nigeria's $US10 billion liquefied natural gas (LNG) export project on Bonny Island could have serious political ramifications in Washington and Abuja. Britain's...
Vol 48 No 16 | NIGERIA Making haste slowly 3rd August 2007 President Yar'Adua shows he is prepared to make sweeping changes – even if the pace of decision-making remains slow Essentially, the new presidency started last week. President Umaru Musa Yar’Adua appointed his cabinet on 26 July and followed this four days later with a sweeping shake-up of...
Vol 48 No 12 | NIGERIA The new man in Abuja 8th June 2007 Vested interests in the police and political class are already trying to block President Umaru Yar'Adua's reform efforts At a subdued and well guarded inauguration ceremony in Abuja's Eagle Square parade ground on 29 May, President Umaru Musa Yar'Adua talked about reforming Nigeria's rotten political system....
Vol 48 No 12 | NIGERIA Champagne in the Delta 8th June 2007 At Government House in Port Harcourt last week, waiters scurried around pouring bottles of Cristal champagne as a white jacketed crooner sang Frank Sinatra's 'My way' in honour...
Vol 48 No 12 | NIGERIARUSSIA Russian roulette 8th June 2007 The shooting dead of a Nigerian driver and kidnapping of six Russians from their compound in Ikot Abasi, Akwa Ibom, looks like an escalation in a complex feud...
Vol 48 No 10 | NIGERIA A troubled transition 11th May 2007 The incoming government faces political road blocks as it tries to tackle the crises in electric power supply and the Niger Delta The gulf between the aspirations of the new political team under President-elect Umaru Musa Yar'Adua and the consequences of last month's disastrous elections is widening dangerously. Many around...
Vol 48 No 10 | NIGERIA Giant steps 11th May 2007 Mallam Nasir el-Rufai's student friends called him 'Giant'; he stands some five foot seven inches tall. These days he is more commonly known as 'Bulldozer', because of his...
Vol 48 No 9 | NIGERIA The dealmaking begins 27th April 2007 The victorious People's Democratic Party wants to co-opt enough dissenters to put the rigged election furore behind it Time is pressing President-elect Umaru Yar'Adua ahead of the planned inauguration on 29 May. By then, he will have to put together his government transition team from the...
Vol 48 No 9 | NIGERIA The men from the south 27th April 2007 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...
Vol 48 No 9 | NIGERIA Uneasy truce in Delta State 27th April 2007 Emmanuel Uduaghan, the winner of the heavily disputed governorship elections in Delta State, will have a critical economic and political role in the coming months. He is the...
Vol 48 No 8 | NIGERIA Yar'Adua prepares for power 13th April 2007 If the PDP juggernaut trounces the opposition, the new government will have the shortest of breaks before the pressure starts mounting Failing a cataclysmic reversal in the next week, President Olusegun Obasanjo's governing People's Democratic Party is likely to chalk up another victory at the state and federal elections...
Vol 48 No 8 | NIGERIA Too many parties spoil the polls 13th April 2007 Opposition to the governing People's Democratic Party (PDP) is split between 24 different parties, most of which cannot even dream of winning a governorship, much less the Presidency.
Vol 48 No 8 | NIGERIA Table 13th April 2007 Key states in Nigeria's gubernatorial and presidential elections We examine the main contestants and predict the probable winners of the elections
Vol 48 No 5 | NIGERIA The grudge match goes on 2nd March 2007 Facing multiple corruption charges, Vice-President Abubakar accuses President Obasanjo of electoral sabotage Vice-President Atiku Abubakar insists that he remains a candidate in April's presidential elections despite what he describes as 'every effort to destroy' him. Behind that campaign is President...
Vol 48 No 5 | NIGERIA Indictments, then elections 2nd March 2007 If Atiku Abubakar has been correctly indicted for embezzlement, he is not eligible to stand as a candidate in April's presidential elections. Section 137 (i) of the Nigerian...
Vol 48 No 3 | NIGERIA Party pieces 2nd February 2007 Feuding factions in the governing PDP jostle for jobs, and no prosecutions, before the elections Voters are less worried about the upcoming elections than the would-be candidates, now battling for territory before the campaign proper starts later this month. On 29 January, the...
Vol 48 No 3 | NIGERIA What future for the reform team? 2nd February 2007 At the heart of policy-making for much of President Olusegun Obasanjo's two terms, the reform team of Nigerian technocrats is breaking up, raising doubts about the continuity of...
Vol 48 No 3 | NIGERIA Buhari's election headlines 2nd February 2007 Another former military ruler dons a baba riga to run for the presidency and campaign for more accountability As he elegantly stretches out in a rented Mayfair apartment and insists on discussing 'policy issues not personalities', it is easy to forget that General Muhamadu Buhari headed...
Vol 48 No 3 | NIGERIA Bond breakthrough 2nd February 2007 Some might consider it risky for a Nigerian bank to issue a US$300 million Eurobond on the international capital markets for the first time - just three months...
Vol 48 No 2 | NIGERIA Tafidan's ghost 19th January 2007 The three main candidates in April's presidential elections all have close ties to Katsina's late kingmaker Shehu Musa Yar'Adua General Shehu Musa Yar'Adua's shadow looms large over Nigeria's April presidential elections. Soldier-turned-politician Yar'Adua died in gaol nine years ago on trumped up charges of coup-plotting against the...
Vol 48 No 2 | NIGERIA New Year election blues 19th January 2007 The three main parties all have their candidates, with Vice-President Atiku Abubakar the last to take a running mate in the shape of former Anambra State Deputy Governor,...