Breaking News

Legal implications of Kashamu’s extradition

The Extradition Treaty between Nigeria and the United States was signed on June 24, 1935 while it entered into force on June 24, 1935. The treaty was signed with the United States by the British colonial regime which then exercised dominion over the territory of Nigeria. When Nigeria obtained political independence from the Britannic Majesty in 1960 the treaty was, like several others, adopted by the federal government.

Read More

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.

Read More
Bonny light

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.

Read More

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.

Read More

On the falsification of Nigerian history: A response to Prof Kayode Oyediran and Adetowo Aderemi

By Obi Nwakanma My attention was drawn just recently to a response to aspects of my Orbit column published in Sunday Vanguard. The said response was co-authored by Professor Kayode Oyediran, Political scientist and former Vice-Chancellor of the University of Ibadan, and Mr. Adetowo Aderemi, publisher of Nigeria: A complete fact finder in which they
Read More