Apparently, nobody knows. Check this out: The Nigeria Extractive Industry Transparency Initiative (NEITI) has described the records of the country’s crude production and export as unclear, saying that after 58 years of oil production, the country does not know exactly the quantity it produces. Speaking at the presentation of a research report on the Nigeria… Read More »
Reuters: Nigeria’s Senate approved a 4.608 trillion naira budget proposal for 2010 on Thursday, up from an initial 4.079 trillion naira spending plan proposed by the presidency. The budget assumes an average oil price of $67 per barrel and oil production of 2.35 million barrels per day. It also pegs the exchange rate at 150 naira… Read More »
The concluding paragraph of Peter Akinlabi’s Beyond Gadaffi: Nigeria, Federalism and Other Quicksands: We can intellectualize these things all we want, but there are no more startling discoveries to be made as far as the causes of violence in northern Nigeria are concerned. Olakunle Abimbola’s getting a lot of verbal bashing (sentimental fool, people like… Read More »
My friend and sociology lecturer at the University of Ibadan, Oka Obono: Nigeria was furious. It recalled its ambassador, told Libya off, and escalated what could have passed for hot air into substance for a diplomatic war. It forgot that its own security forces had failed to maintain peace in the affected area; that they… Read More »
Would ordinary Nigerians have felt Yar’Adua’s absence? Since the experience of the Nigerian state for most Nigerians is limited to demands for bribes by officials and policemen, the government and who is running it is of little consequence to them. Everything positive in their lives is achieved by themselves in spite of the ruling elite… Read More »
Ms Ngozi Okonjo-Iweala, Nigeria’s former minister for finance, and currently a managing director of the World Bank: intra regional trade in Africa remains low and accounts for less than 10% of total trade . Between 1999 and 2006, for example, intra-African trade increased by an average of just 14 per cent per year, while trade… Read More »
Adewale Ajadi writes in NEXT: Is it not possible that in a heated polity Mrs. Yar’Adua sees herself as isolated and her husband as threatened; viewing each delegation that approached Saudi Arabia with the same cynicism that is abroad across the land and drinking from the same sectional cesspool from which the national psyche is… Read More »
The president of Rice Importers and Distributors Association of Nigeria (RIDAN), Gbadamosi Mufutau, urged the federal government to harmonize the duty on rice with the neighbouring countries to discourage smuggling. “You observed that any increase in duty, tariff, levies and benchmark always cause increase of importation of such products to Republic Benin and Togo ports… Read More »
The Nigerian president got back to the country in the early hours of Wednesday. It is reported that his flight landed in a well-guarded presidential wing of the international airport in Abuja. From an investigative report by NEXT, we learn that the acting president, Goodluck Jonathan, as the acting Commander-in-Chief, did not release the troops… Read More »
So, apparently, the Nigerian president has decided to return home, only a few days after the vice president was named acting president. Interesting. NEXT reports that the president’s ambulance arrived in Aso Rock, Abuja, the presidential ‘grounds’ about 4 hours ago. See this Aljazeera report for some background to the story. So, what happens to… Read More »