Tag Archives: Goodluck Jonathan

Three Nigerian states fight over a newly-developed oil field

On August 30, president Goodluck Jonathan flew by helicopter to Aguleri Otu in Anambra state, in south-east Nigeria, to commission the construction of the country’s first privately-owned refinery and declare Anambra Nigeria’s tenth oil-producing state. Hours into the festivities, two bordering states, Kogi and Enugu, issued public statements claiming that the oilfields, OPL 915 and… Read More »

Aljazeera focuses on Nigeria

Dr Okonjo-Iweala, the returning finance minister and new economy Czar (couldn’t resist that one) starts talking at about 4:30. She talks about agriculture, manufacturing, job creation and even Nollywood. I don’t yet have an opinion on her and her new team  –  it is much too early – but in a few months, one should… Read More »

Friday links

1. Another one strikes black gold (trying desperately to resist using the line from Queen’s popular song) 2. Can stocks be safer than bonds (strange times, right?) 3. Dr Ngozi Okonjo-Iweala, formerly of World Bank, then of Nigeria’s finance ministry, then of World Bank, returns to take charge of Nigeria’s economy 4.  Commentary on Islamic finance… Read More »

Nigeria’s former president Obasanjo eats dinner with the FT

Here. The concluding paragraph: At close quarters it is hard not to warm to the man. He has a winning sense of humour and unshakeable belief in self as well as country: “I love Nigeria,” he says over breakfast. “Some people see that as a weakness.” There is also a streak of ruthlessness and a… Read More »

Nigerian power industry to be liberalised

President Goodluck Jonathan says Nigeria’s power industry can only grow through liberalisation: The government will sell 11 distribution companies created out of Power Holding Co. of Nigeria, the state-owned utility, and allow private companies to set up power plants using natural gas, hydro-electric dams and coal-powered stations, Jonathan said in a speech in Lagos, the… Read More »

Nigerian Central Bank governor says oil subsidy ‘immoral’

From NEXT: The governor of Nigeria’s central bank, Sanusi Lamido Sanusi, has criticized the Federal Government’s continued spending on reducing fuel cost, renewing the call for the removal of a subsidy programme that has gulped trillions of naira but has failed to reach ordinary people as intended. Mr. Sanusi was speaking on Monday at a… Read More »

Friday Links #45 – On Yar’Adua’s death

Image via Wikipedia 1. Akin pulls out tissues for President Yar’Adua 2. Goodluck Jonathan makes his first address as president to the country (Video) 3. Reuters says Yar’Adua death leaves succession wide open 4. Next gives details of the burial 5. Discussions and speculations about who will become the new vice president 6. Is it… Read More »