Archive for: April, 2010

The Tsunami Called Neo-Colonialism: Naiwu Osahon

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Take what the G8 policies have done to Nigeria, for example.  Gowon’s military regime in the early 70s structured corruption into governance by importing junk of every conceivable nature; sand, broken bottles, toothpicks and (because European shit is superior to ours), European excrement as fertilizers with the active systematic nudging of the IMF, World Bank [...]

CBN, Savannah Bank conclude modalities for resumption

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The Central Bank of Nigeria (CBN) and the management of the Savannah bank are soon to finalise arrangement for the commercial bank to resume full banking activities. The bank has since concluded its due diligence with the Nigerian Deposit Insurance Corporation (NDIC), the apex insurer of depositor’s funds. The apex bank would verify the funds [...]

Nigeria orders elections chief to step down

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Nigeria’s Acting President Goodluck Jonathan on Wednesday ordered the country’s elections chief to step down immediately, following concern that polls next year would not be credible under his leadership. The Independent National Election Commission (INEC) Chairman, Maurice Iwu, has faced widespread criticism at home and abroad since overseeing flawed polls in 2007 which brought President [...]

Gabon — Africa’s least African country?

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Tucked between Cameroon and Congo Republic on Africa’s Atlantic coast is Gabon, a country much unlike its neighbours. Many other African countries face problems that Gabon’s President Ali Bongo has the luxury of not needing to worry about. Domestic insurgencies and armed rebel groups, the ruin caused by recent civil war, the presence of al [...]

Now that Jonathan is also Minister for Power

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The decision of Acting President Goodluck Jonathan to also head the Ministry of Power has drawn both constructive criticisms and pungent flaks from both sides of the divide. Some self-adjudged experts in the power sector did not give him even the least chance of success in his new assignment. Electricity production and distribution are very [...]

Wole Soyinka attacks BBC portrayal of Lagos ‘pit of degradation’

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A BBC documentary series set in slum areas of Lagos has been branded “condescending” and “colonialist” by Wole Soyinka, the Nobel laureate and one of Nigeria's most famous living writers. Speaking to the Guardian, Professor Soyinka said that Welcome to Lagos, the BBC2 observational documentary which follows various people in poor areas of the city, [...]

IBB: A man haunted by his sordid past

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It was former President Olusegun Obasanjo who, in questioning the propriety of Gen. Yakubu Gowon’s presidential ambition, under Gen. Ibrahim Babangida’s 1993 botched transition programme, asked the question, “What did he forget to take from the State House that he is going back to pick?” Gowon, who had already had a nine-year stint as Head [...]

Jonathan links PDP crisis to 2011 elections

Dumping the zoning arrangement would clear the way for a presidential bid by Goodluck Jonathan under the PDP banner

Jonathan said, “Also, we have to thank God that no matter the challenges, we have been able to stabilise. I have always believed in the PDP. People believe that the party will split into fragments. No matter how we disagree, at the end of the day, we come out stronger.” He, however, pleaded with aggrieved [...]

Fashola: Assembly panel demands evidence from group

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Members of the Lagos State House of Assembly’s seven-man probe panel investigating allegations of financial mismanagement levelled against Governor Babatunde Fashola (SAN), on Tuesday asked a group, the True Face of Lagos, to substantiate its allegations. The Deputy Majority Leader and chairman of the panel, Dr. Ajibayo Adeyeye, had during its proceedings, said that the [...]

Jonathan’s equivocation on Iwu

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Not surprisingly, the prominent issue of discourse during Acting President Goodluck Jonathan’s last visit to the United States bordered, rightly, on how to organise credible and acceptable elections in Nigeria. Specifically, the Americans were concerned about the role of Prof. Maurice Iwu, under whose tenure as Chairman the Independent National Electoral Commission has produced the [...]

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