Revenge in the Name of Religion
By HRW | Published May 2005
In the first half of 2004, hundreds of people were killed in inter-communal fighting between Muslims and Christians in and around the town of Yelwa and the southern part of Plateau State, central Nigeria, bringing the total number of victims of the violence in Plateau State since 2001 to between 2,000 and 3,000. The violence reached a peak between February and May 2004 in the area around the towns of Yelwa and Shendam. There were many attacks during this period, but two stood out in terms of their scale, the number of victims and the level of preparation and organization. On February 24, 2004, armed Muslims killed more than seventy-five Christians in Yelwa; at least forty-eight of them were killed inside a church compound.
Obasanjo’s library launch, executive extortion – Soyinka
By Emmanuel Obe and Toyin Obadina, The Punch | Published May 17, 2005
Nobel Laureate, Prof. Wole Soyinka, has described as “executive extortion,” the launch of the N7billion President Olusegun Obasanjo’s Presidential Library in Abeokuta, Ogun State on Saturday. Among the highest donors were the oil majors, $20million; the Chairman, Globacom Communications, N250million; the President, Dangote Group, Alhaji Aliko Dangote, N211.6million; the Chairman, Zenon Oil and Gas Limited, Mr. Femi Otedola, N200million; and the 36 state governors, N360million. Other major donors were the consortium of banks, N622million; the Ogun State Governor, Otunba Gbenga Daniel, N100million; the Nigeria Ports Authority community, $1million;Obasanjo Holding, N100million; Ocean and Oil, N50million; Aare Musulunmi of Yorubaland, Alhaji Arisekola Alao, N100million; Ide Ahaba, Chief Sunny Odogwu, N100million, and Peoples Democratic Party, N20million (Obasanjo raised more funds in one day for his personal use than he allocated to all Nigerian secondary schools and universities in his 8 years of misrule from 1999 to 2007).
South Africa Eyes Made-in-Nigeria Car
By Ike Abonyi, ThisDay | Published 5 March 2005
Sooner or later, the much-celebrated Made-in-Nigeria car, Z-600, may zoom off the country’s shores… to South Africa. THISDAY has learnt that the South African government and industrialists have developed interest in the technology breakthrough which a Nigerian, Dr Ezekiel Izuogu, designed. Aside South Africa, Senegal, Nigeria’s West African neighbour, is also said to be interested in the innovation after listening to the presentation of the designer in Pretoria, South Africa, on February 22, this year.
Nature of Freedom in Nigeria 2005
By Freedom House | Published Jan 2005
Opposition to Obasanjo’s government swelled in 2004 with protests and strikes aimed at reversing the elimination of fuel subsidies - a measure that the government says is necessary for economic reform. Nigeria, a major oil-producing country, has for decades provided costly subsidies for domestic fuels. Strikes in October, led by the umbrella Nigeria Labor Congress, shut down major cities for several days. In an apparent attempt to reduce the power of organized labor, Obasanjo in April presented a bill to the National Assembly that aimed to curb the power of unions.
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- What Ails the American Economy?
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By Kevin Phillips, Barry Gewen
28 Feb 2009
Even if his pessimism doesn’t seem wholly warranted, a sense of foreboding surely is, which is why his warnings have to be taken seriously. Mr. Phillips writes that the inventors and marketers of the new financial instruments didn’t entirely understand them. An executive of Fidelity International says a panicky feeling has set in on Wall Street because no one knows where the risks really are. The finance minister of France observes that investments may have reached such a level of complexity that no one can assess them. And Charles R. Morris, in his own gloomy book, “The Trillion Dollar Meltdown,” reports that even Citigroup’s chief financial officer “did not know how to value his holdings.
- What Ails the American Economy?
-
By Kevin Phillips, Barry Gewen
28 Feb 2009
Even if his pessimism doesn’t seem wholly warranted, a sense of foreboding surely is, which is why his warnings have to be taken seriously. Mr. Phillips writes that the inventors and marketers of the new financial instruments didn’t entirely understand them. An executive of Fidelity International says a panicky feeling has set in on Wall Street because no one knows where the risks really are. The finance minister of France observes that investments may have reached such a level of complexity that no one can assess them. And Charles R. Morris, in his own gloomy book, “The Trillion Dollar Meltdown,” reports that even Citigroup’s chief financial officer “did not know how to value his holdings.