Skip to main content

...and yet another. Whither Nigeria? Why do we keep chasing the wind?

''It is almost certain that the embattled former chairman of the Economic and Financial Crimes Commission {EFCC}, Mallam Nuhu Ribadu, will be extradited from his United States of America’s base, following an order for his arrest, on Friday, by the Code of Conduct Tribunal sitting in Abuja over his refusal to present himself for trial. The tribunal is prosecuting him for alleged failure to declare assets while in office between 2003 and 2008 as required by the fifth schedule to the 1999 Constitution''


Ribadu Faces Extradition - Conduct Tribunal Orders His Arrest
Lanre Adewole, Abuja - 21.11.2009

Comments

Post a Comment

Popular posts from this blog

Nigeria 2015: What Manner of 'Change'?

The history of Nigeria is one characterized by multiple fits, starts and staccatos. Ours is a chequered history with continual disruptions by both military and civilian administrations. Successive military juntas, heralding a messianic dawn truncated whatever tranquil, stability and policy direction there was in a bid to 'move' the nation forward. Each one came to right some apparent 'wrong' perpetrated by the governments of the day. A messianic zeal and desire for the elusive eldorado, reinforced by an internal restlessness, impatience and intolerance of the masses accounts for the constant impetuousness to see the back of successive governments. Such changes were usually attended by wild street jubilations, rejoicing and anticipation of the new dawn- Uhuru! The history of disruptions isn't limited to the military administrations alone. A case in study was the Yar'Adua administration of 2007 -2011. A conniving, and vengeful administration not only put a ...
1 comment
Read more

Article: Avoiding the resource curse in Kenya

Discovery of minerals, gas and oil in many African countries has led to what economists call the "paradox of plenty" - a phenomenon in which macroeconomic forces create pressures for over-reliance on an energy or a mining sector, leaving other domestic economy sectors to deteriorate. The Democratic Republic of Congo (DRC), which was called a "geological scandal" because of its vast concentration of minerals, and Nigeria have become the poster children of what is wrong with oil and mineral discoveries in Africa. Both countries despite having huge mineral and oil deposits have failed to derive dividends from them. Further, domestically, the discovery and exploitation of the mineral has led to "resource nationalism" - communities calling for a lion share, especially in peripheral regions long marginalised by the centre, which is often the case. Kenya and Uganda recently discovered economically viable oil deposits, following years of being the sleepy...
Post a Comment
Read more