Vol 6 (AAC) No 2 | NIGERIACHINABRIEFING More dam delays 4th December 2012 Two new large dams will be built before President Goodluck Jonathan’s first presidential term expires in 2015, according to the government. The companies constructing the dams, however, admit...
Vol 6 (AAC) No 2 | NIGERIA Zainab Ibrahim Kuchi 4th December 2012 Minister of State for Power, Nigeria Only weeks into her new role as Minister of State for Power, Zainab Ibrahim Kuchi announced a major project to address Nigeria’s chronic power shortfall. In early November,...
Vol 53 No 24 | NIGERIA Boko Haram looks to Mali 30th November 2012 As the army steps up its crackdown, the Islamist militia’s leaders are strengthening their ties with northern Mali The bombing of a church in Kaduna State on 25 November and attacks on a police station in Abuja on the following day seemed designed, at least in...
Vol 53 No 24 | NIGERIA How politicians help insurgents 30th November 2012 The federal government has played politics with the Boko Haram insurgency, using it to silence opposition from northern politicians who claim that President Goodluck Jonathan has broken the...
Vol 53 No 22 | NIGERIA The $100 billion bash 2nd November 2012 Government efforts to ignore a comprehensive new report on oil and gas industry corruption arouse deep suspicions Findings by a government-commissioned task force that over US$100 billion has been siphoned off from Nigeria’s oil and gas industry since 2002 is causing a political storm. It...
Vol 53 No 22 | NIGERIA Shell and the Delta litigations 2nd November 2012 The next hearing of the case of the 11,000 people of Bodo versus the Anglo-Dutch oil company Shell in the High Court is scheduled for 5 November, when...
Vol 53 No 20 | NIGERIA Financial faultlines 5th October 2012 Rising oil theft, the insurgency in the North and fuel subsidy fraud make it hard for the government to survive unless it agrees to hard-hitting reforms So far, those blocking reform are winning hands down in the running battles with reformers in the government. Yet their victory could prove to be a hollow one...
Vol 53 No 14 | NIGERIA Dazzling statistics 6th July 2012 The government’s financing gap is opening up and the reformers are being blocked but the investors keep on coming Which are the more stunning figures? The billions of dollars of investment sluicing into Nigeria despite its deepening security crisis? Or the billions of dollars of oil and...
Vol 53 No 14 | NIGERIA Turning security upside down 6th July 2012 A new political strategy would be more use in the fight against Boko Haram than sacking officials The latest wave of attacks on churches, police stations and even building workers across northern Nigeria seems to be the insurgents’ response to President Goodluck Jonathan’s sacking of...
Vol 53 No 13 | NIGERIAUNITED STATES Fine gesture 22nd June 2012 The United States Securities and Exchange Commission is giving ‘appropriate consideration’ to a request that it share with the victims the financial penalties (‘disgorgement’) it levies on companies...
Vol 53 No 11 | NIGERIA Fuel fraud fans public anger 25th May 2012 Jonathan has to choose between penalising his friends and the final collapse of his government’s credibility over the fuel subsidy racket The belated announcement by President Goodluck Jonathan on 22 May that he wants the Economic and Financial Crimes Commission to act on the US$6.8 billion fuel subsidy fraud...
Vol 53 No 9 | NIGERIA Star-struck James Ibori 27th April 2012 Delta State’s most famous son is now in prison, while accomplices and other governors walk free Ex-Governor of Delta State James Ibori could be back in Nigeria as early as late 2016. He was sentenced to 13 years in gaol for $50 million worth...
Vol 53 No 9 | NIGERIA Half-truths on subsidies 27th April 2012 The report on the US$6.8 billion fuel subsidy fraud by the Chairman of the National Assembly Ad Hoc Committee, Farouk Lawan, was tabled on 24 April....
Vol 53 No 7 | NIGERIA The President tightens up 30th March 2012 Jonathan is getting a grip on his party and perhaps preparing to run again, despite his northern rivals On the eve of the national convention of the governing People’s Democratic Party on 24 March, former President Olusegun Obasanjo deplored the lack of discipline in the PDP....
Vol 53 No 7 | NIGERIA The people who run the PDP show 30th March 2012 • Chief Mike Oghiadomhe, Chief of Staff to the President: as Edo State Deputy Governor, he made friends with his opposite number in Bayelsa, Goodluck Jonathan. He is...
Vol 53 No 7 | NIGERIABRITAIN Ibori goes to Southwark 30th March 2012 Having pleaded guilty to ten money-laundering charges and obtaining a money transfer by deception and fraud, James Onanefe Ibori, the former Governor of Delta State, will...
Vol 53 No 6 | NIGERIA Oil cuts as Delta erupts 16th March 2012 Piracy and militant attacks are cutting oil production in the Niger Delta as the government struggles with northern insurgents As the government contends with a Boko Haram militia determined to make the north ungovernable, a new round of attacks has erupted in the oil-producing Niger Delta. Apart...
Vol 53 No 6 | NIGERIA Abacha’s ghost and Boko Haram 16th March 2012 Security agents trying to disentangle the roots and widening network of the Boko Haram militia have identified links with a group of senior military and police officers who...
Vol 53 No 3 | NIGERIA How terror came to Kano 3rd February 2012 Boko Haram’s latest massacre raised more questions about the government’s security policy and the responsibility of northern leaders Since the killing of more than 185 people in Kano on 20 January, southern Nigerian politicians have been railing at Northern and Muslim leaders for their failure to...
Vol 53 No 3 | NIGERIA The shape of the deadly sect 3rd February 2012 Boko Haram has a supreme leader and a consultative body, the Shura. The leader, Abubakar Shekau, was second-in-command until Mohammed Yusuf was killed in police custody in July...
Vol 53 No 2 | NIGERIA How the fuel row caught fire 20th January 2012 An unwieldy and spontaneous opposition has won its first battle against the government; now it needs a strategy Nobody in government, least of all President Goodluck Jonathan, seemed prepared for the torrent of opposition excited by the decision to end fuel subsidies. This doubled the retail...
Vol 53 No 2 | NIGERIA Sanusi hits out at subsidy racket 20th January 2012 Almost alone among his colleagues in government, Central Bank of Nigeria Governor Sanusi Lamido Aminu Sanusi has made a credible case for the removal of fuel subsidies*. He...
Vol 53 No 1 | NIGERIA A year of living dangerously 6th January 2012 Northern and Delta insurgents, oil companies and angry citizens threaten President Jonathan’s reform plans For a year that was meant to presage Nigeria’s great economic leap forward, 2012 could hardly have opened more inauspiciously. First came President Goodluck Jonathan’s declaration of a...
Vol 53 No 1 | NIGERIA How the economy defies politics 6th January 2012 Insulated from political chaos, this year’s budget assumes a gross domestic product growth rate of 7.2%. The International Monetary Fund reckons it may be just under 7%. Early...