Vol 1 (AAC) No 12 | NIGERIACHINA Xu Jianguo 7th November 2008 China's Ambassador to Nigeria Ambassador to Africa’s biggest oil producer, Xu Jianguo has presided over a rapid expansion of commercial and diplomatic ties since his posting to Abuja in September 2006. Chinese...
Vol 1 (AAC) No 6 | NIGERIACHINA A $50 Billion Handshake 7th November 2008 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...
Vol 1 (AAC) No 6 | NIGERIA Ngozi Okonjo-Iweala 7th November 2008 Managing Director, World Bank Born in 1954, Ngozi Okonjo-Iweala studied economics at Harvard University, then earned a Ph.D in regional economics and development from the Massachusetts Institute of Technology in 1981. She joined the World...
Vol 1 (AAC) No 6 | NIGERIA Shamsudeen Usman 7th November 2008 Finance Minister, Nigeria Since joining Umaru Musa Yar'Adua's cabinet in 2007 as Finance Minister, Shamsudeen Usman has courted foreign investment - particularly from China - to rejuvenate Nigeria's infrastructure and boost its petroleum production....
Vol 1 (AAC) No 5 | NIGERIACHINA Cementing new relations 6th November 2008 An ambitious new African-Chinese partnership could fuel the continent's next construction boom Agreements signed this month between Dangote Industries of Nigeria and China's Sinoma International Engineering Company to build 13 cement production lines across Africa at a cost of US$2.8 billion will give...
Vol 1 (AAC) No 2 | NIGERIACHINA Bringing it all back home 24th October 2008 Asian buyers face tough competition from local bidders as Shell sells a big stake in its oil business China has a new competitor for oil resources in Nigeria, according to company leaks and media reports. Royal Dutch/Shell is understood to be looking to sell a 49.8% stake in...
Vol 1 (AAC) No 1 | NIGERIAASIA New order, new deals 23rd October 2008 Asian companies face new rules and new relationships in Africa’s most prolific but politically complex oil producer Reforms in Nigeria’s oil sector, promised by Minister of State for Oil Odein Ajumogobia, will mean that some of the multibillion dollar deals with Asian companies will be reviewed...
Vol 48 No 25 | NIGERIA See you in court 14th December 2007 Judges are regaining confidence and striking out faked elections, right up to the top The paradox at the heart of Nigeria's latest political drama is that President Umaru Musa Yar'Adua credibly presents himself as a politician who is serious about reinstating the...
Vol 48 No 25 | NIGERIA The oil governor under arrest 14th December 2007 Ibori incarcerated after investigation Former Governor of Delta State James Ibori was arrested in the early hours of 12 December by officials from the Economic and Financial Crimes Commission (EFCC) who have...
Vol 48 No 23 | NIGERIAANALYSIS All come to the aid of the party – and fight it out 16th November 2007 All the rival factions in the governing People’s Democratic Party hope to benefit from the postponement of its critical national convention, which has been rescheduled to January. Who wins out at the convention will determine the shape of the government for the next four years. The key issues are control of senior positions within the PDP hierarchy and the party’s support for political reform. Power-brokers on all sides in Abuja seem encouraged by the surprise announcement by the Independent National Electoral Commission on 8 November that the People's Democratic Party convention would...