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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 829 articles.

Displaying 30 results from 2020 (out of 829 total).

Unbalancing the books

Promises of grand economic growth have been torpedoed by the Covid-19 pandemic and crashing oil prices

This time last year President Muhammadu Buhari and his numerous economic policymakers were optimistic that 2020 could see growth acceleration, job creation, significant infrastructure investments and progress on...


Protest, what protest?

Official denials over the Lekki shootings fail to stand up against the mounting evidence, while activists are targeted in a clampdown

Nigerian government officials continue to downplay the army shootings at youth-led protests against the rogue Special Anti-Robbery Squad (SARS) police unit in October, and are doubling down on...


Generals tighten their grip

Determined to use the #EndSARS protests for their own ends, the securocrats have reasserted their role at the heart of government

The Nigerian army's version of the shootings during the October protests was spelled out at a bizarre press conference in Abuja on 2 November by Attorney General Abubakar...


Rage at the gates

Targeted with live rounds in Lagos, campaigners against police brutality step up their protests and political ambition

Pressure is mounting on President Muhammadu Buhari's government after the shooting of protestors at the Lekki Toll Gate in Lagos on 20 October with the African Union and...

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States carry on regardless

Rival candidates in Ondo State's elections campaigned for their national ambitions more than local issues

After losing the Edo state elections last month, the ruling All Progressives' Congress (APC) held on to Rotimi Akeredolu's governorship of Ondo State on 10 October – a...


How to make oil pay

After 20 years of lobbying, a bill to reform the country’s energy industry is being pushed through the National Assembly – with a good chance of success

There has been consensus in the country on two things since the return to civil rule in 1999: the management of oil and gas, which dominates the export...


Buhari goes to the market

The pandemic has forced the government to end subsidies and move towards cost-reflective electricity pricing – and risk the fallout

Shrinking oil revenues and the wider economic fallout of the coronavirus pandemic are putting pressure on policymakers to limit the damage. In the short term that will mean...


Edo's not so merry-go-round

The opposition PDP claims its success in a fiercely contested governorship poll will relaunch it for the next national elections

The contest for Edo State governor on 19 September was set to be bitter and partisan with a heady mix of local and personal rivalries, just as the...


Building back bigger

Planning to spend over 20 billion dollars on grand projects, the Buhari government is raising tariffs and tolls as well as taking on more debt

Many Nigerians are disappointed that, as President Muhammadu Buhari is a year into his second term, he has not done more to halt the scourge of corrupt trading...


All power to the governors

Watching the confusion and rivalries in Abuja, the states are trying to take control of resources and security

Timipre Sylva's meeting with Nyesom Wike at the governor's mansion in Port Harcourt on 23 August bore all the signs of an old friends' reunion. Both are political...


In Edo, all politics is national

State elections next month in the heart of what was once West Africa’s biggest empire is testing the coherence of the country’s two main parties

Last month, a massive new video screen appeared at the busiest intersection in Benin City, centre of a once towering kingdom and now capital of Edo state. Where...


Groaning about zoning

A proposal that the President's election should be based wholly on merit – not rotation between north and south – has caused a storm

Politicians and pundits in Nigeria have shown a rare unanimity in outrage at comments by Mamman Daura, widely regarded as President Muhammadu Buhari's most influential advisor, about the...


Fight in the last chance saloon

After hearing the arguments, a London court is about to rule on whether Abuja can challenge a record-breaking US$10 billion award against it

A substantial part of Nigeria's foreign financing strategy and the fortunes of a New York hedge fund, in partnership with an obscure entity registered in the British Virgin...


The shake-up that didn’t happen

Plummeting prices prompted a radical plan to restructure the state oil company – then the vested interests fought back

Vice-President Yemi Osinbajo and several of the country’s most senior ministers recommended hard-hitting reforms to rein in the sprawling and notoriously unaccountable state oil company earlier this year...


Divided we stand

President Buhari has papered over rifts in the ruling party but they will re-emerge ahead of national elections

With the Covid-19 pandemic spreading and the economy on the slide, the country's top politicians have taken refuge in the familiarity of an old-fashioned internal power struggle. Rival...


Back to the scene of the crime

A plan to restart oil production in Ogoniland amid a failing environmental clean-up risks repeating all the mistakes of 25 years ago

This week lawyers for the 40,000 people in the Ogale and Bille communities in the Niger Delta have been pressing their case in London's Supreme Court to hold...

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New chief, old battles

President Buhari's top aide Ibrahim Gambari faces an array of rival interests trying to shape the government's direction

In the best traditions of international bureaucracy, Ibrahim Gambari, 75, has been consulting widely but quietly as he acclimatises to his new role as President Muhammadu Buhari's chief...


The $10 billion gas plant that never was

Abuja challenges a gigantic court judgement against it by arguing that the claimants had planned it all as a scam from the start

Faced with the prospect of its oil and gas revenues falling this year by at least US$26.5 billion, President Muhammadu Buhari's government sees the dismissal of a $10bn...

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Into the land of empty

The oil price crash and the pandemic have the potential to force the diversification of the economy and end the patronage system

In the boom times, oil and gas generated 95% of the country's export revenues and the recycling of that cash powered over 60% of the economy. In the...


Kudos to the health-workers

Despite grandstanding by some senior politicians, it is the doctors and nurses who are winning public support in the fight against the coronavirus

Criticisms are mounting about the lack of a coherent national strategy to manage the coronavirus pandemic. The missing piece is effective leadership from the national task force, under...


Oil behaving badly

The clean-up of Delta oil spills is still being held up by feuding politicians, bureaucrats and businesses as low oil prices hit public finances

As oil prices crash to an 18-year low in the wake of the coronavirus pandemic, weakening global demand, and a price war, President Muhammadu Buhari's spending plans are...


The Emir exits

Sacked after clashing with Kano’s governor, Lamido Sanusi may be heading for an overt political role

For the second time in as many decades, Sanusi Lamido Sanusi has been pushed out of a top institution, with opinion divided over his future. Again, he will...


Aides leak, north-east burns

Escalating violence in Borno and surrounding states as leaked memos show tensions between senior aides – and a now familiar inertia

It was the worst-kept secret in Abuja. Officials in President Muhammadu Buhari's government blame one another for the administration's failings, especially in areas such as security. After a...


HYPREP's millions

Confusion is growing about the mounting cost and sluggish progress of the UN-mandated clean-up of Ogoni, in Nigeria's oil-producing Niger Delta.


Generals on the run

The army is in retreat before the Islamist insurgents. Corruption, indifference and a lack of resources are blamed

Speaking to journalists on 7 February, the army's theatre commander for north-eastern Nigeria, Major-General Olusegun Adeniyi, repeated the government's frequent assertion that Boko Haram has been defeated. Yet...


'Eco'-logical concerns

The mooted new West African currency stands no chance of success unless its architects persuade Abuja to join

Francophone West African countries' decision to convert their CFA franc into a first version of the 'eco', a planned single currency for the whole region, has sparked furious...


King for a year

President Buhari will push through more economic nationalist policies. Beyond that, the picture gets cloudy

As he wrestles with mutually reinforcing economic and security problems, President Muhammadu Buhari can no longer blame an uncooperative national assembly or opposition state governors if his planned...


Displaying 30 results from 2020 (out of 829 total).