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

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...


After the bank purge, back to the politics

Taken aback by the seriousness of the Central Bank’s efforts to reform the financial sector, some politicians and debtors are plotting their revenge

The targets of Central Bank of Nigeria Governor Lamido Sanusi's banking purge are beginning to fight back. Four bank chief executives have been arraigned on criminal charges and...


Debt crisis, what debt crisis?

The government insists it can handle fast-mounting debts but increased security spending is stretching the budget

While the World Bank and International Monetary Fund (IMF) say Nigeria's growing debt is sustainable, worries are growing over the cost of debt servicing relative to revenues.


Oloibiri, oil capital

There is no power or running water in Oloibiri, the town that hosted Nigeria's first oil well, and few visible signs of progress after five decades of oil...