Yoruba Ekiti Speaker alleges assassination attempt
By ThisDay | Published 26 February 2009
Acting speaker of Ekiti State House of Assembly, Hon Saliu Adeoti, on Tuesday alleged an assassination attempt on his life by unknown gunmen at his Moba-Ekiti country home. Briefing newsmen on his ordeal yesterday, Adeoti alleged that leaders of the ruling Peoples Democratic Party (PDP) were behind the unsuccessful attack on his life. According to the speaker, the assassins, numbering about five and heavily armed, stormed the hotel where he lodged at about 9.45pm on the fateful day, based on information that he was around.
Mimiko makes it - Wins, weeps at Appeal Court
By Uchechukwu Olisah | Published February 24, 2009
AFTER waiting for days with bated breath, coupled with unprecedented tension that literally soaked the air in Ondo State, the die was yesterday cast as an appeal court sitting in Benin City, the Edo State capital, removed the governor, Dr. Olusegun Agagu from office and replaced him with Dr. Olusegun Mimiko, his main rival in theApril 14, 2007 governorship election.
Only in Yoruba: Some People Died While Jubilating Over Election Results
By Hamed Shobiye | Published 23 Feb 2009
The Ondo State Governor, Dr. Olusegun Mimiko, has frozen the accounts of the state government in various commercial banks. Mimiko, who was declared the winner of the April 2007 governorship election by the Court of Appeal in Benin on Monday, has also appointed the spokesperson of the Labour party, Mr. Kolawole Olabisi, as his Chief Press Secretary. A statement by Olabisi, on Monday, said that Mimiko had warned commercial banks not to transact any business with members of the administration of ousted governor, Dr. Olusegun Agagu.
The Failure of Leaders and Institutions: Reflections on the 2007 Election Malaise in Kenya
By Gilbert M. Khadiagala | 08 Feb 2009
Like most of Africa, elections in Kenya are momentous events, occasioning uncertainties about the future. Such trepidations stem from the fear of changes in leaders, leadership styles, and programs that people get accustomed to once electoral processes are over. Even where they should symbolize the much-vaunted generational shifts in leaders and the rejuvenation of national agendas, elections sometimes cause national agony. These uncertainties surrounding elections arise primarily from the fact that leaders at valued at the expense of leadership; by the same token, individuals are celebrated at the expense of institutions. Why are these distinctions important?
Police attack general strike in Nigeria
By WSWS | 08 Feb 2009
Police fired teargas and then live ammunition into the air after they failed to disperse a demonstration called in Abuja. According to a Reuters’ reporter who was present, “There was a big stampede. Market women were running in all directions and many people were injured.” Many demonstrators were brutally beaten by the police. Amongst those injured were the labour editor and a reporter from Vanguard newspaper, an Associated Press photographer and a member of the Research Department of the (NLC).
- Mimiko makes it - Wins, weeps at Appeal Court
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By Uchechukwu Olisah | February 24, 2009
AFTER waiting for days with bated breath, coupled with unprecedented tension that literally soaked the air in Ondo State, the die was yesterday cast as an appeal court sitting in Benin City, the Edo State capital, removed the governor, Dr. Olusegun Agagu from office and replaced him with Dr. Olusegun Mimiko, his main rival in theApril 14, 2007 governorship election.
- 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.