Jump to navigation

Vol 50 No 24

Published 4th December 2009


Nigeria

The Abacha family's plunder machine

The Abacha family's plunder machine



Related Articles

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...


Economy: Trouble in the markets

Watching oil prices fall from US$147 a barrel to $57 over the past month and listening to endless media speculation about his health must have been disconcerting for...


Politics versus the budget

Promises of a ten per cent cut in state spending at the start of the election campaign defy political gravity

No official reason was given for the postponement of President Goodluck Jonathan's budget speech to the National Assembly, to 19 November. But it is safe bet to assume...


A dollar emergency

Just as investment companies began advising clients to return to the Nigerian market to take advantage of the sharp depreciation of the naira currency over the past two...


A $50 Billion Handshake

Beijing may not want much to do with Nigeria

A sizable and much-ballyhooed credit line looks to be little more than a goodwill gesture from China to Nigeria, promising much but delivering little. The brief fanfare attached to the initial...