Posts Tagged “Government”

THE FOUNDING OF ABUJA, NIGERIA

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THE FOUNDING OF ABUJA, NIGERIA

Nigerians set out to study world capitals. They looked at Brasília (Brazil), Islamabad (Pakistan), Paris (France), St. Petersburg (Russia), and Washington, D.C. (United States). In an era just following their own Biafran civil war, Nigeria was looking for a central place where all people would be equally represented. The site had to have good climate, plenty of land and abundant water. Teams fanned out to visit possible location in the existing twelve Nigerian states, taking note of their capitals.

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A YEAR IN, NIGERIA’S PRESIDENT MIGHT NOT HAVE LONG LEFT

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A YEAR IN, NIGERIA’S PRESIDENT MIGHT NOT HAVE LONG LEFT

If left unchecked, popular frustration could eventually have political consequences for the president. When narrow interests begin to amass power in Nigeria, the country’s various factions tend to realign against them, throwing their weight behind candidates who can restore equilibrium. That is how Jonathan’s campaign for re-election was defeated in 2015, and if Buhari is not careful, it could be how his is thwarted in 2019.

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WHY ECONOMIC REFORM IS THE KEY TO SOLVING NIGERIA’S CORRUPTION PROBLEM

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WHY ECONOMIC REFORM IS THE KEY TO SOLVING NIGERIA’S CORRUPTION PROBLEM

The second characteristic of the Nigerian economy exacerbating corruption is Abuja’s dependence on foreign debt. Foreign debt has been used as a vehicle for money laundering, as many Nigerian leaders have siphoned oil money for personal gain, while using international credit to invest in the country’s economy. The linkage between a loose fiscal policy and predatory corruption reached its peak during the Second Republic (1979-1983). Reckless borrowing caused a debt crisis ameliorated only by an increase in oil prices after the Iraqi invasion of Kuwait in 1990. From 1958-1983, the Nigerian oil industry generated $101 billion, with the vast majority of these profits being transferred to the bank accounts of Nigeria’s political and business establishment.

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NIGERIA IS CHANGING: The Tough Lives of 6 Nigerian Ministers Under Buhari

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NIGERIA IS CHANGING: The Tough Lives of 6 Nigerian Ministers Under Buhari

When they were appointed to serve in the cabinet of the President Muhammadu Buhari-led government of the All Progressives Congress (APC) last year, ministers certainly knew that it was no longer going to be business as usual. They knew the philosophy of President Buhari – thorough, upright and unassuming. But did the ministers bargain for…

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RAW OPINION: 4 THINGS TO LEARN FROM THE SUBSIDY WAHALA

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RAW OPINION: 4 THINGS TO LEARN FROM THE SUBSIDY WAHALA

As the Federal Government removes subsidy and increases petroleum pump price, one of our own has something to say and we didn’t restrict him on this one. Read and let us know your opinion, Nigeria will move forward:   Let me be clear. I am in full support of the removal of fuel subsidy. What…

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The Unscientific Defence for Buhari | by Baba-Bala Katsina

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The Unscientific Defence for Buhari | by Baba-Bala Katsina

State&Society Soon after Buhari administration took off, debate about whether it’s going in the right direction begun in earnest. There were mainly two camps in this debate then: those mainly APC supporters who so much believed in Buhari’s administration, I also believed in it, and PDP sympathisers who Femi Adèsina, the president’s media aide, called,…

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A RESET FOR NIGERIA-SOUTH AFRICA RELATIONS

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A RESET FOR NIGERIA-SOUTH AFRICA RELATIONS

by Chukwudi Enekwechi With a population of about 53 million people and a Gross Domestic Product of close to $350 billion, South Africa is considered as a buoyant economy. Additionally, as an emerging economy with requisite technological know-how, South Africa will by all means represent a suitable partner with Nigeria in our quest for growth…

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GETTING TOUGH BEFORE IT GETS BETTER

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GETTING TOUGH BEFORE IT GETS BETTER

President Buhari is surely not infallible. He has made mistakes and reversed himself too many time on critical decisions that one wonder if PMB has a ‘decision pendulum’ that swinges back and forth in his system.

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