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Nigeria

Nigeria

Population: 227.71m
GDP: $252.74bn
Debt: 46.6% of GDP (2024)

news from Nigeria

Category: all

Found 783 articles.

Displaying 721-730 out of 783 results.

New team, old players

President Obasanjo mixes old military friends and human rights activists in his new cabinet

'Is this 1999 or 1979?' asked one senator on seeing President Olusegun Obasanjo's list of 42 ministerial nominees. Another opined more diplomatically that the list favoured 'experience over...


Golden parachutes

Military 'pensions' and mismanagement threaten the incoming civilian government

It's now clear that President Olusegun Obasanjo's incoming civilian government will face a major financial crisis when it takes office on 29 May. The massive drawdown in foreign...


Soldier go, soldier come

President-elect Obasanjo's greatest challenge will be his plans to reform the military and end the putschist mentality

The Nigerian conundrum - ‘it takes a soldier to end army rule’ - is to be tested again. General Olusegun Obasanjo, the choice of most army officers...


Virtual voters

Election monitors coined a phrase for General Olusegun Obasanjo’s presidential victory on 27 February: the result was not ‘free and fair’ but ‘generally reflects the will of the...


The $2.7 billion hole in the bank

The military regime is leaving its civilian successor a mountain of dubious debts and undermining prospects for economic recovery

General Olusegun Obasanjo's newly elected government starts work on 29 May. But the bright hope is dimmed by an unexpectedly grim financial legacy from the outgoing military...


The General's election

Twenty years after he left power, Gen. Obasanjo looks set to return, this time with an electoral mandate

General Olusegun Obasanjo, Nigeria’s first military officer to hand power to an elected government, looks set - 20 years later - to become the first officer to win...


It's the economy

Amid the campaign razzamatazz, politicians are ignoring the looming economic disaster

In the party conventions and in the lobbies of Abuja’s smart hotels, the talk is of who should be the new civilian president - and of how to...


Who's counting?

Talks between Abuja and the IMF reveal an even grimmer economic picture this year

Nigeria's politicians, soldiers, bankers, farmers, taxi drivers and creditors all know that the economy is weaker than at any time since Independence in 1960. Indeed, the figures agreed...


Displaying 721-730 out of 783 results.