A more worrying explanation is that the CBN bought back the notes probably during the military regimes of Generals Ibrahim Babangida or Sani Abacha and then gave or on-sold them to favoured allies of the regime who would still be drawing interest on the notes...
We hear reports of abuses similar to the worst under the late General Sani Abacha: the sabotage of refineries to create fuel shortages together with more sophisticated attempts to rig the trade - both imports and exports - in petroleum products...
Sani Abacha's son Mohammed and business ally Atiku Abubacar Bagudu broke down late last year over how much of the profit should be returned to the government which is now suing them in London for reneging on an out-of-court settlement...
Robinson was a deputy to Assistant Secretary of State for African Affairs Chester Crocker during Ronald Reagan's reign then joined a lobby firm whose clients included the Nigerian government of General Sani Abacha Gnassingbé Eyadéma's regime in Togo and Paul Biya's in Cameroon...
Robinson was a deputy to Assistant Secretary of State for African Affairs Chester Crocker during Ronald Reagan's reign then joined a lobby firm whose clients included the Nigerian government of General Sani Abacha Gnassingbé Eyadéma's regime in Togo and Paul Biya's in Cameroon...
) of Nigerian state funds to accounts linked to the son of the late military leader General Sani Abacha and his business associates according to documents uncovered in a London High Court case...
President Yahya Jammeh's office had hired Chantrils to market 20 000 barrels a day of oil given by General Sani Abacha from August 1996 until he died in June 1998...
Sani Abacha in June 1998 and oversaw a year-long transition to civilian rule...
Vol 40 No 23 |
- COMMONWEALTH
Sani Abacha whose execution of writer-activist Ken Saro-Wiwa and eight others on the opening day of the 1995 Commonwealth summit (AC Vol 36 No 23) prompted the formation of CMAG...