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 »
From WSJ: Foreign consumer-goods companies including Coca-Cola Co., Nestlé SA and Unilever PLC have been in Africa for decades without much competition from local players. Now, home-grown companies are expanding aggressively across the continent, eager to accommodate a growing middle-class among the billion-person population. Examples? Among the most prominent of these consumer upstarts: African retailers… Read More »
… because the governors plan to start signing execution warrants of those sentenced to death – as a way to decongest prisons. The announcement, according to the prisoners, had caused them great shock, anxiety and trauma and they, therefore, want the court to stop any planned execution because it would be cruel and inhuman to… Read More »
The Economist interviews Dele Ogun, head of the Genesis Project, on the political situation in Nigeria.
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 »
BBC: The chairman of Nigeria’s governing party, Vincent Ogbulafor, has been charged with fraud. Mr Ogbulafor is accused of fraudulently awarding $1.5m (£1m) in federal funds when he was a government minister under President Olusegun Obasanjo. He denies the charges but if convicted, Mr Ogbulafor would have to resign. Correspondents say the case is being… Read More »
I just read this on the Nigerian Village Square: The literary world is abuzz with the news that Achebe in 2010, on the fiftieth anniversary of Nigeria’s independence, and the fortieth anniversary of the end of the Biafran war; is working on a major opus – Reflections on the Nigerian Civil War 1967-1970. It will… Read More »
Some Nigerians are complaining about the BBC documentary Welcome to Lagos because, they say, it is not balanced. I have not seen the second in the series so I can’t really say much about that. The first, though, in my opinion, does not leave any gap that needs to be filled by any fair and… Read More »
From a BusinessDay Nigeria column: [O]ur trade policy has remained very inconsistent many years after independence. Recent reforms – particularly the NEEDS – have however tried to considerably minimize the unpredictability of the trade policy regime by establishing a schedule to fully adopt the Economic Community of West African States (ECOWAS) common external tariff (CET)… Read More »
1. How Mathematics might have caused the financial crisis 2. To which Gillian Tett says, Bad practice, not the discipline itself, is to blame for the financial crisis 3. Sex and the single black (American) woman 4. On Goodluck Jonathan’s Amanpour interview 5. Joe Stiglitz: An Agenda for Reforming Economic Theory 6. Zimbabwe hangman position… Read More »