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17 September 2008
FINANCIAL SPOTLIGHTS - Archive
2008 | 2007 | 2006

Corruption Chases Accountability from Nigeria Local Govt Administration
Recently in Nigeria's northeastern state of Yobe, a man walked to the headquarters of Jakusko Local Government Area and with his sharp matchete, hacked seven people to death. A staff of the LGA, the man was said to have been owed "several months'" salary by the local government authorities, accordin [more]

Nigeria’s Probes: Mere Grope in the Dark - Analysts
On the surface, the deluge of probes currently going on in Nigeria seems to be the right thing to do, if only it will lead to the recovery of funds stolen, misappropriated or simply wasted by government officials. [more]

Will Reversals Derail Nigeria’s Economic Reforms?
The choice of President Umaru Yar’Adua as successor to Olusegun Obasanjo in 2007 was predicated in part upon the need to sustain the latter’s massive, somewhat flawed, economic reforms that had gone on for about eight years. On the surface, the choice was to ensure that the reforms- including the pr [more]

No gas, no light, electricity experts warn
Former president Olusegun Obasanjo promised a massive investment programme to end Nigeria’s chronic electricity shortages. He spent US$10 billion on building new power stations and new lines of pylons to take electricity into the homes of ordinary Nigerians. [more]

Beware, That Business Proposal Could Procure a Jail Term for You
The first law to be promulgated by President Umaru Yar’Adua following his inauguration in May 2007 tightened up the rules for the award of government contracts and the sale of government property. [more]
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