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Nigeria

Nigeria

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

news from Nigeria

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Found 830 articles.

Displaying 24 results from 2012 (out of 830 total).

More dam delays

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...


Zainab Ibrahim Kuchi

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,...


Boko Haram looks to Mali

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...


The $100 billion bash

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...


Shell and the Delta litigations

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...


Financial faultlines

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...


Dazzling statistics

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...


Turning security upside down

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...


Fine gesture

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...


Fuel fraud fans public anger

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...


Star-struck James Ibori

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...


Half-truths on subsidies

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....


The President tightens up

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....


Oil cuts as Delta erupts

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...


Abacha’s ghost and Boko Haram

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...


How terror came to Kano

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...


How the fuel row caught fire

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...


Sanusi hits out at subsidy racket

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...


A year of living dangerously

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...


How the economy defies politics

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...


Displaying 24 results from 2012 (out of 830 total).