23 Mar

The week ahead – Wishful expectations get bitten by cold realities

Islamist militants freed scores of kidnapped Nigerian schoolgirls on 21 March, driving them back into the town where they had been captured a month ago. The captors gave no reason for their release, which triggered celebrations and tears, but the government denied that a ransom had been paid. Several of the girls said some of their friends had died in captivity and one was still being held. The fighters from the Boko Haram group, some shouting “God is greatest”,................   read more

16 Mar

The week ahead – Dredging up old rifts

No fewer than 53 policemen serving in the Presidential Villa say they have yet to be paid their Risk Caution Allowances since 2015, when they were posted to the Presidency. This was disclosed in an anonymous petition that the policemen sent to President Muhammadu Buhari, according to online news site, Sahara Reporters. The site said that in addition to the 53 persons affected, a further 127 others say they had yet to be paid their allowances in full. A government official,................   read more

12 Mar

As the Egmont Group meets, Nigeria sits on the edge

The Egmont Group, an international body of 155 Financial Intelligence Units that provides a platform for the secure exchange of expertise and financial intelligence, meets from today, March 12, 2018, until Thursday, March 15. A deadline to Nigeria to separate its National Financial Intelligence Unit from the EFCC lapsed yesterday, without Nigeria enacting a law that would have done so. The likely outcome of the Egmont Group’s meeting will be Nigeria’s expulsion from the group.

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09 Mar

The week ahead – The search for responsibility intensifies

The Senate has threatened to withhold budget approval for any government agency which fails to submit its audited report to the Auditor General of the Federation by May. Saying that only 10% of the MDAs in question had submitted their reports, Senate Leader, Ahmed Lawan, added that out of 64 government agencies, only one has submitted details of its 2018 budget proposal. The Senate, had in February, given Ministries Departments and Agencies, one-week ultimatum to submit................   read more

02 Mar

The week ahead – In bed with uncertainty

Nigeria returned to growth in 2017 after suffering its first recession in a generation the previous year, data released from the country’s statistics office showed on Tuesday. GDP grew by 0.83 percent in 2017, after shrinking by 1.58 percent in 2016, which was its first annual contraction in 25 years, according to data from the Nigerian Bureau of Statistics. Africa’s largest economy, and its biggest oil producer fell into recession in 2016, largely as a result................   read more

23 Feb

The week ahead – The fauna join the melee

More than 90 Nigerian schoolgirls are feared missing after Islamist group, Boko Haram attacked a village in Yobe, Reuters quotes two sources as saying on 21 February. Their disappearance, if confirmed, would be one of the largest since Boko Haram abducted more than 270 schoolgirls from the town of Chibok in 2014. That case drew global attention to the nine-year insurgency, which has sparked what the United Nations has called one of the world’s worst humanitarian................   read more

16 Feb

The week ahead – It is not yet party time

A court has jailed a Boko Haram militant involved in the 2014 kidnapping of the Chibok girls. Haruna Yahaya, 35, is the first member of the group to be sentenced for playing a part in the mass abduction. The former trader, who confessed to his role in taking the 276 schoolgirls, argued he was made to act under duress. But judges sitting at a court in Kanji, who are hearing the cases of more than 1,000 suspected Boko Haram militants, dismissed his excuse. Justice Ministry................   read more

09 Feb

The week ahead – Old problems, old solutions

The Zinox Group has concluded the acquisition of e-commerce giant, Konga, in a move that is expected to alter the e-commerce landscape in Nigeria. ThisDay quotes an industry source, as saying that the transaction had been approved by the SEC. The move marks a bold return for Zinox to an industry it pioneered in Nigeria with the launch of BuyRight Africa.com, which was challenged by the country’s lack of an e-payment infrastructure when it was launched 12 years ago.................   read more

02 Feb

The week ahead – The fog is slowly settling in

Former Cross River governor and a leader of the Coalition for Nigeria, Donald Duke, dismissed concerns that the newly-formed political movement proposed by former President Olusegun Obasanjo could ultimately benefit President Muhammadu Buhari in 2019. “I don’t see how this would favour him,” Premium Times quotes Duke as saying on the sidelines of the formal launch of Coalition for Nigeria Movement in Abuja. Duke’s comment was aimed at debunking claims that................   read more

26 Jan

The week ahead – Of queues, quorums and questions

Olusegun Obasanjo, Nigeria’s military chief of state from 1976 to 1979 and its civilian president from 1999 to 2007, published a thirteen-page statement, “The Way Out: A Clarion Call for Coalition for Nigeria Movement” on 23 January in which he sharply criticised Nigerian politics, comparing the country’s state to that of lice-infested clothes. Specifically, he identified “poor performance in government—poverty, insecurity, poor economic management,................   read more