Nigeria April 2005 Country Report
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Nigeria Nigeria at a Glance: 2005-06
Country Report Nigeria Nigeria at a glance: 2005-06 OVERVIEW The president, Olusegun Obasanjo, and his team face a daunting task in their efforts to push through long-term, sustainable economic reforms in the coming two years. However, the recent crackdown on high-level corruption seems to point to the president!s determination to use his final years in power to shake up Nigeria!s political system and this should help the reform process. Given the background of ethnic and religious divisions, widespread poverty, and powerful groups with vested interests in maintaining the current status quo, there is a risk that the reform drive, if not properly managed, could destabilise the country. Strong growth in the oil and agricultural sectors will ensure that real GDP growth remains reasonably high, at about 4%, in 2005 and 2006, but the real challenge will be improving performance in the non-oil sector, which will be a crucial part of any real attempt to reduce poverty in the country. Key changes from last month Political outlook • There have been no major changes to the Economist Intelligence Unit!s political outlook. Economic policy outlook • There have been no major changes to our economic policy outlook. Economic forecast • New external debt data for 2003 show that the proportion of Nigeria!s debt denominated in euros was much higher than previously estimated. Owing to the weakness of the US dollar against the euro since 2003, this has pushed up Nigeria!s debt stock substantially, to US$35bn at the end of 2003. Despite limited new lending, mainly from multilateral lenders, we estimate that further currency revaluations and the addition of interest arrears to the short-term debt stock will push total external debt up to US$39.5bn by the end of 2006. -
A Discourse on Accumulation and the Contradictions of Capitalist Development in Nigeria
A Discourse on Accumulation and the Contradictions of Capitalist Development in Nigeria BY: ADELAJA ODUTOLA ODUKOYA B.Sc. (HONS), M.SC POLITICAL SCIENCE (UNILAG) MATRIC. NO. 84090342 Being a Dissertation in the Department of Political Science Submitted to the School of Post-Graduate Studies, University of Lagos in partial fulfilment of the requirements for the award of Doctor of Philosophy (Ph.D). June 2011 1 | P a g e School of Post-Graduate Studies University of Lagos Certification This is to certify that the Thesis A Discourse on Accumulation and the Contradictions of Capitalist Development in Nigeria Submitted to the School of Post-Graduate Studies University of Lagos For the award of the Degree of Doctor of Philosophy (P Ph.D) in Political Science is a record of original research carried out By Adelaja Odutola Odukoya B.Sc. (Hons.), M.Sc. Political Science (UNILAG) Matriculation No: 840903042 Author‟s Name Signature Date 1st Supervisor‟s Name Signature Date 2nd Supervisor‟s Name Signature Date 1st Internal Examiner Signature Date 2nd Internal Examiner Signature Date External Examiner Signature Date SPGS Representative Signature Date ii | P a g e DEDICATION To the memory of my beloved father, Pa. Erastus Ebun-Oluwa Omotayo Odukoya iii | P a g e ACKNOWLEDGEMENT I discovered in the course of this study that writing a dissertation is a process of intangible accumulation, not capital accumulation that is the subject-matter of this study. Similarly, writing this acknowledgement is an opportunity for documenting my indebtedness, as well as my sincere appreciation for acts of kindness, assistance, friendships, insightful contributions, critiques and other debts incurred in the process of writing this thesis. -
Nigeria Nigeria at a Glance: 2005-06
Country Report Nigeria Nigeria at a glance: 2005-06 OVERVIEW Faced with militant ethnic and religious groups fighting for self-determination and strong trade union opposition to the government!s proposed economic reforms, the president, Olusegun Obasanjo, has a daunting task to unify this divided society and build public confidence in its fledgling democracy. In addition, although the president!s party, the People!s Democratic Party, has overwhelming control at all tiers of government, powerful vested interests are likely to continue to hamper the government!s ability to implement the far- reaching reforms needed to achieve sustained economic growth. To date, the government!s reform efforts have been helped by high world oil prices and increased oil production. This boosted real GDP growth in 2003-04, and the Economist Intelligence Unit expects growth to remain reasonably high, at 3.2% in 2005 and 3.5% in 2006. However, the lack of growth outside the oil sector means that the impact in terms of creating jobs and improving standards of living will be limited, particularly as rising domestic fuel prices and loose monetary policy mean that inflation is expected to remain in double digits throughout the forecast period. Key changes from last month Political outlook • There has been no change to our political outlook. Economic policy outlook • Mr Obasanjo has presented the annual budget for 2005. As in 2004, this is based on a cautious oil price forecast of US$27/barrel. Although the government plans to increase spending, notably on infrastructure, with oil prices remaining high we still expect the government to be able to make payments into the fiscal stabilisation account and to run a modest deficit of 1.8% of GDP in 2005, little changed from the 1.6% of GDP estimate for 2004. -
Federal Character Principle and National Integration (1999-2011)
IOSR Journal Of Humanities And Social Science (IOSR-JHSS) Volume 21, Issue 6, Ver. 6 (June. 2016) PP 01-10 e-ISSN: 2279-0837, p-ISSN: 2279-0845. www.iosrjournals.org Federal Character Principle And National Integration (1999-2011) UGWUJA DANIEL I. Department Of Political Science, Enugu State University Of Science And Technology, Nigeria. ABSTRACT:-This research determined whether the application of the federal character principle in solving ethnic tension, national question and inequitable distribution of political power possesses the potentials for achieving national integration which is the prerequisite for economic development. Most of the information in this research was based on the secondary source of data collection. Since independence in 1960, Nigeria has been plagued by ethnic tension and political conflicts which have taken the toll of unity and stability in Nigeria. Various solutions, ranging from the adoption of unitary system, federalism to the creation of states, have been proffered and implemented to the creation of states, proffered and implemented, but the problem has persisted. The adoption of federal character principle in Nigeria is to hold the federating units firm. This research also traced the history of amalgamation and evolution of Nigeria as one political unit. It also analyzed and examined the adoption of the Federal Character Principle as a solution to the problem of ethnic tensions arising from inequitable distribution of political power and posts, its relevance to the solution on ethnic tensions and marginalization. Keywords:- National integration, amalgamation, economic development, political power and ethnic tension. I. INTRODUCTION The concept of federal character is a device through which every section of a nation would take part in the decision making process. -
Nigeria Nigeria at a Glance: 2005-06
Country Report Nigeria Nigeria at a glance: 2005-06 OVERVIEW The president, Olusegun Obasanjo, and his administration face the tough task of unifying a nation divided by years of incessant ethnic-religious conflicts, rampant corruption, unrelenting poverty and political disenchantment. However, the administration has a 12-month window of opportunity to push through far-reaching reforms before campaigning for the 2007 elections paralyses the National Assembly. The success of the reform programme will depend on the president!s ability to garner political support for reforms which threaten powerful groups with vested interests in maintaining the current status quo. Meanwhile, the macroeconomic outlook for Nigeria will remain broadly positive. Thanks to rising oil production and a reasonably high oil price throughout the forecast period, the Economist Intelligence Unit is forecasting real GDP growth of around 4%. However, owing to the high price of oil, especially in 2005, high levels of government spending and relatively loose monetary policy, we expect inflation to remain in double digits throughout the outlook period. Key changes from last month Political outlook • There has been no major change to our political outlook. Economic policy outlook • The Central Bank of Nigeria has made a number of important revisions to its monetary policy. It will now actively intervene in the market to limit fluctuations in the exchange rate within a 3% band, although it has still to announce the central rate at which the band will be set. It has also announced that it will consider changes to its key minimum discount rate on a quarterly basis, in the light of trends in seasonally adjusted inflation, having left it unchanged since August 2003. -
Another Ige Murder Suspect Obtains Favor Under Obasanjo's Administration
Another Ige Murder Suspect Obtains Favor Under Obasanjos Administration Page 1 of 11 Another Ige Murder Suspect Obtains Favor Under Obasanjo's Administration By Bolaji Aluko, PhD My People: A top murder suspect, since released, of Chief Bola Ige, is currently an Osun State Senator of the Federal Republic of Nigeria. His name is Otunba Iyiola Omisore. Another top murder suspect, also since released from detention, has now been made by President Obasanjo an Osun State nominee for a yet undisclosed Federal Ministry (maybe of Internal Affairs?) His name is Dr. Adewale Oladipo. What is left is the judiciary: maybe Barrister Kehinde Adesiyan, the lawyer of all murder suspects, should be made a Supreme Court Justice? Or maybe Judge Ige who gave Omisore bail for collapsing in the bathroom just in time to be sworn in as Senator? Unbelievable! Osun State must be creeping with "worthy" persons for federal office, all connected somehow with the murder of Uncle Bola - and Festus Keyamo now looks like a veritable prophet. It is a pity. Bolaji Aluko Shaking his head And Scratching it too. Senate unveils Obasanjo's 40 ministerial nominees Sufuyan Ojeifo & Ben Agande Wednesday, June 25, 2003 ABUJA — THE Senate yesterday unveiled President Olusegun Obasanjo’s 40 nominees for ministerial appointment with five members of his cabinet during his first term making the list submitted to the upper chamber of the National Assembly for screening. http://www.nigerdeltacongress.com/articles/another_ige_murder_suspect_obtai.htm 7/18/2008 Another Ige Murder Suspect Obtains Favor Under Obasanjos Administration Page 2 of 11 The six are former Minister of Industry, Dr. -
Nigeria Nigeria at a Glance: 2003-04
Country Report August 2003 Nigeria Nigeria at a glance: 2003-04 OVERVIEW Nigeria’s re-elected president, Olusegun Obasanjo, faces a daunting task if he is to steer his disoriented country onto a path of long-term political and economic development during his second and final term in office. As a former military ruler with a strong sense of his own place in history, Mr Obasanjo may pursue controversial reforms to shake up Nigeria’s inefficient political system and stalled economy, but he is likely to come up against stiff resistance from vested interests opposed to change in this corruption-ridden, violence- prone society which is marked by deep ethnic and religious divisions, endemic poverty and growing political disillusionment. On top of this, the president may have to contend with uncertainties generated by legal challenges to his authority from opposition parties who allege that April’s presidential poll was rigged. However, assuming that the president is able to navigate Nigeria’s turbulent political waters and achieve some progress with reform, and particularly if he can harness his party’s overwhelming majority in the National Assembly, the Economist Intelligence Unit forecasts real GDP growth of 3.2% in 2003, rising to 4% in 2004. Key changes from last month Political outlook • The US president, George Bush, stopped in Nigeria as part of his tour of Africa in July. Although there is a strong basis for Nigeria to build stronger relations with the US, this also carries an element of risk for Mr Obasanjo domestically, who has already been accused of merely being a US puppet. -
Nigeria at a Glance: 2006-07
Country Report Nigeria Nigeria at a glance: 2006-07 OVERVIEW Following the failure of the widely unpopular bid to change the constitution, which would have allowed the president, Olusegun Obasanjo, to stand for a third term, most potential candidates are actively starting to campaign for the 2007 elections, which they expect will be more open and closely contested than the polls in 1999 or 2003. Nigeria faces considerable political uncertainty in the run-up to the presidential and legislative elections next April. The situation is complicated by the fact that Mr Obasanjo has little time for either of the two heavyweight northern candidates who are currently best placed to secure the presidential candidacy for his party, the People’s Democratic Party. As a result, the president is likely to step up efforts to find alternative candidates who are more committed to reform, although none is likely to have the financial resources or political networks of the leading contenders. Although the Economist Intelligence Unit expects economic growth to remain robust in the non-oil sector, ongoing unrest in the Niger Delta will continue to constrain oil production in 2006, pushing down overall GDP growth to 4.2%. However, with oil production set to pick up strongly in the second half of 2007, growth should pick up to 5.6% in 2007. Key changes from last month Political outlook • There has been no major change to our political outlook. Economic policy outlook • There has been no major change to our economic policy outlook. Economic forecast • New data from the Central Bank of Nigeria show that foreign investment into Nigeria was strong in 2005. -
Ipsacm), Conflict Management
IN THIS ISSUE The Effects of the Plebiscites on the Peoples of Mambilla Plateau, Sardauna Local Government Area of Taraba State, 1959-2002 Professor Talla S. Ngarka, Abdulsalam M. Deji, PhD & Abdullahi Danburam. Origins and Migrations of the Yandang and the Mumuye in the 19th Century Akombo I. Elijah, PhD & Sunday Theophilus Abom. Impacts of Farmer-Herders Conflict in Benue State, Nigeria: Focus on 2016 Agatu Episode and the imperatives of a new Management approach Abah, Danladi & Tanko A. Adihikon. Israel/Palestine Conflict: The Futility of Israel Concept of Conflict Management and Peace Resolution Umar, Garpiya. The Major Dynamics of Communal Conflicts in Otuasega and their impact since 1960 LARRY, Steve Ibuomo, The Conflicts between Fulani Pastoralists and Cultivators in Taraba State, Nigeria: The Case of J the Mambilla Plateau O Omar Saleh U R The Growth of the Jukun-Kona Political and Economic System, 1900 – 2017 N Akombo I. Elijah,PhD Atando Dauda Agbu Ph.D & Rebinah Rinret Amos Nyonkyes. A L Militancy and Conflicts in the Niger Delta Region of Nigeria: A Historical Account of the O Contributions of the Multi-National Oil Corporations, F Odeigah, Theresa Nfam. M U The Challenges of Teaching and Learning History in Some Selected Secondary Schools of L Taraba State, 1991 – 2011 T Atando Dauda Agbu, PhD & Yahya Adamu. I - D Joking Relationship (Samba/Nyaa Sang/ Nuu–Mel) Among the Mumuye and their I Neighbours: A Panacea for Conflict Diffusion in Nigeria S Dr. Ali Ahmadi Alkali & Hosea Nakina Martins. C I P Phases of Development of the Kuteb Economy from 1960-2018 L A PUBLICATIONPUBLICATION OFOF Haruna Muhammad Suleimuri, PhD & Asherum Garba. -
Memorandum for the Establishment of South East Nigeria Economic Commission (SENEC) Introduction
Introduction Memorandum for the Establishment of South East Nigeria Economic Commission (SENEC) Introduction PREFACE The African Institute for Applied Economics (AIAE) was incorporated in Nigeria in 2000 as a Company Limited by Guarantee. It is not-for-profit, non-partisan, independent and international economic research organization. It envisions a renascent Africa that is democratic, prosperous and a major player in the global economy. The mission of the Institute is to provide intellectual leadership in helping Nigeria and Africa think through the emerging economic renaissance. Our strategy is research, networking and capacity building to promote evidence-based decision-making in public and private sectors. The South-East Nigeria Economic Commission initiative grew from successive policy dialogue facilitated by AIAE under the Enugu Forum, a platform of private sector and civil society groups and individuals devoted to evidence-based debates for sound public policies. By rallying stakeholders for the creation of a sub-national economic development agency for the South-East geopolitical zone in Nigeria, AIAE is fulfilling its niche objective of fostering the use of research knowledge. This objective lies at the heart of the AIAE mission statement. In seizing the opportunity to facilitate creation of the South-East Nigeria Economic Commission, AIAE demonstrates a high level of corporate social responsibility. Cognizant of the enormity of the task, AIAE is deploying the critical mass of its intellectual and Introduction PREFACE The African Institute for Applied Economics (AIAE) was incorporated in Nigeria in 2000 as a Company Limited by Guarantee. It is not-for-profit, non-partisan, independent and international economic research organization. -
Office of the Secretary to the Government of the Federation Delegates to the National Conference
OFFICE OF THE SECRETARY TO THE GOVERNMENT OF THE FEDERATION DELEGATES TO THE NATIONAL CONFERENCE ELDER STATESMEN S/N DELEGATES 1. Dr. Tunji Braithwaite 2. Chief Ayo Adebanjo 3. Chief Richard Akinjide 4. Chief Olu Falae 5. Erelu Olusola Obada 6. Chief Afe Babalola, SAN 7. General Ike Nwachukwu 8. Iyom Josephine Anenih 9. Senator Jim Nwobodo 10. Chief Mike Ahamba, SAN 11. Senator Azu Agboti 12. Chief Peter Odili 13. King Alfred Diete Spiff 14. Edwin K. Clark 15. Daisy Danjuma 16. Prof. Evara Ejemot Esu, OFR 17. Chief Nduese Esiene 18. Prof. Ambrose Okwoli 19. Alhaji Abdulahi Ohoimah 20. Prof. Ibrahim Gambari 21. Mr. Dogara Mark Ogbole 22. Prof. Jerry Gana 23. Gen. Jonathan Temlong 24. Prof. Jubril Aminu 25. Alhaji Ahmadu Adamu Muazu 26. Arc. Ibrahim Bunu 27. Amb. Yerima Abdullahi 28. Mr. John Mamman 29. Alhaji Adamu Waziri 30. Alhaji Umaru Musa Zandan 31. Prof. Mohammed Jumari 32. Mallam Tanko Yakassai 33. Senator Ibrahim Idah 34. Hon. Justice Usman Mohammed Argungu 35. Prof. Sambo Jinadu 36. Ishia Aliyu Gusau 37. General A. B. Mamman Nominees for the National Conference Page 1 OFFICE OF THE SECRETARY TO THE GOVERNMENT OF THE FEDERATION DELEGATES TO THE NATIONAL CONFERENCE RETIRED MILITARY AND SECURITY PERSONNEL (i) RETIRED ARMY, NAVY & AIR FORCE OFFICERS (RANAO) ASSOCIATION OF NIGERIA (ARPON) S/N DELEGATES 1. Gen. Zamani Lekwot 2. Maj. Gen. Alex Mshelbwala 3. Rear Adm CS Ehanmo 4. Brig. Gen. (Barr.) DO Idada-Ikponmwen 5. Group Capt Ohadomere 6. Gen. Raji Rasaki (ii) ASSOCIATION OF RETIRED POLICE OFFICERS OF NIGERIA (ARPON) S/N DELEGATES 1. -
Nigeria Nigeria at a Glance: 2004-05
Country Report Nigeria Nigeria at a glance: 2004-05 OVERVIEW The president, Olusegun Obasanjo, faces the daunting task of containing simmering political tensions, ethnic and religious unrest, and mass disillusion- ment with the government, while at the same time implementing challenging economic reforms that may, in the short term, alienate more volatile sections of Nigerian society and the political elite. Because the president's party, the People's Democratic Party, has overwhelming control of all tiers of government, the administration should just about be able to maintain support for its reform programme. However, the deep divisions in the country will act as a constant brake on the reform process and political animosity could explode into the open at any time. Despite the reform effort, oil and gas production will continue to drive economic growth, with real GDP growth forecast to fall back from 4.2% in 2003, when oil production expanded rapidly, to 3.4% in 2004 and 3.1% in 2005 as the pace of increase in oil production slows. Key changes from last month Political outlook • There have been a number of arrests in what seems to have been a coup plot against the government. Most of those arrested seem to be disgruntled members of the army, which highlights the fact that many within the military remain unhappy about the civilian administration's inability to resolve many of the pressing problems facing Nigeria. Economic policy outlook • The government has officially published its National Economic Empowerment and Development Strategy for a month of public consultation. However, the delay in its publication has substantially reduced the amount of time available in which it can be implemented before election campaigning starts again.