Special Report

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Okonjo-Iweala and Illusions of Achievements

If any of the Ministers in the outgoing government is now actively living in wonderland and releasing more fairy tales than facts about her accomplishments, that Minister must be Dr Ngozi Okonjo-Iweala. She doubled as the Federal Minister for Finance and the Coordinating Minister on the Economy, CME. In that regard, she was the second most powerful person in the outgoing government. Her appointment for the second time as Finance Minister was received with a great deal of hope and enthusiasm given her exalted status as one of the Managing Directors of the World Bank.

Trouble over OML42!

The nation faces imminent black out ahead of the May 29 hand over date due to the Utorogu gas plant in Delta State, shut down by the striking staff of the Nigeria Petroleum Development Company (NPDC), a subsidiary of the NNPC. It has not been well with the NPDC, which has its headquarters in Benin City, in the past three weeks, following protests by the staff of the company over the alleged decision by the Federal Government to sell what has been described as one of the most priced oil bloc in the country, the OML 42.

Buhari presidency and Northern Nigeria

In a matter of days, on May 29, Major-Gen. Muhammadu Buhari will once again take over the leadership of the country, this time around as a democratically elected President. He was Nigeria’s military Head of State between December 31,1983 and August 31,1985.

Sanusi’s misreading of forensic report

The article by the former Governor of the Central Bank of Nigeria, CBN and the new Emir of Kano, Alhaji Sanusi Lamido Sanusi, published last week in the Financial Times, made fascinating reading not least because of his amazing ability to reach conclusions totally at variance with those reached by the writers of the forensic report themselves, Pricewaterhouse Coopers. This is a trait that has sadly followed the former Governor of the CBN.

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