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Published 30th March 2012

Vol 53 No 7


Nigeria

The President tightens up

Olusegun Obasanjo
Portrait of Olusegun Mathew Okikiola Aremu Obasanjo, former Army general and former President of Nigeria. Dieter Telemans / Panos

Image courtesy of Panos Pictures

Jonathan is getting a grip on his party and perhaps preparing to run again, despite his northern rivals

On the eve of the national convention of the governing People’s Democratic Party on 24 March, former President Olusegun Obasanjo deplored the lack of discipline in the PDP. Loyalists were squabbling over positions and pursuing personal vendettas, he observed in a conciliatory tone. When he was President, in 1999-2007, Obasanjo did things differently, sending in the Economic and Financial Crimes Commission and security agencies to shove the dissidents into line.


Sata stumbles

Image courtesy of Panos Pictures

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The promise of a clean sweep of corruption is unfulfilled and the commitment to open politics undermined

Six months after their sweeping election victory, President Michael Chilufya Sata and his Patriotic Front (PF) are struggling to live up to their promises. They are in danger...



BLUE LINES
THE INSIDE VIEW

Is it worth Africa challenging the United States for the Presidency of the World Bank? There has been a remarkable show of continental solidarity with Nigeria’s Finance Minister, Ngozi Okonjo-Iweala. If Asia and Latin America back Africa’s candidate, they will stand a chance of shaming the Bank’s Executive Board into ending the stitch-up that has guaranteed Western l...

Is it worth Africa challenging the United States for the Presidency of the World Bank? There has been a remarkable show of continental solidarity with Nigeria’s Finance Minister, Ngozi Okonjo-Iweala. If Asia and Latin America back Africa’s candidate, they will stand a chance of shaming the Bank’s Executive Board into ending the stitch-up that has guaranteed Western leadership of the world’s two biggest financial institutions for sixty years. After backing from South Africa and Angola, the African Union also declared for her.

Together with the international acclaim in the US press, it was good-news day for Goodluck Jonathan’s besieged government. The numbers are against Okonjo-Iweala beating the US nominee, Jim Yong Kim, but many development specialists attest to her inside knowledge of the Bank, its shareholders and clients. However, it would take more than her talents to break the post-war US-European deal. Even Dominique Strauss-Kahn’s ignominious departure as head of the International Monetary Fund could not break the mould. Washington backed Christine Lagarde to head the IMF so long as the US right to have an American run the World Bank remained.

With the USA and European shareholders controlling 60% of the votes, it could hardly be otherwise. President Obama’s inspired choice of a South Korean-born US citizen and seasoned development health specialist in place of the usual middle-aged, East Coast, white male is likely to win the day.

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