Jonathan’s failure to wean Nigeria off its reliance on oil, and save surplus revenue when crude prices were trading at record highs, is coming back to haunt his campaign for a second term in office. A plunge in crude of almost 50 percent since June risks slowing economic growth in 2015 to half the pace set over the past 15 years. A win for his opponent, Muhammadu Buhari of the All Progressives Congress, may tempt foreign investors back to Africa’s biggest economy and spur a rally in Nigerian assets, according to Holger Siebrecht at Boston-based Acadian Asset Management
Browsing: Dr. Jonathan
Decrying the last minute visit to palaces of traditional rulers where heaps of United States Dollars allegedly changed hands, the party leaders, drawn from across the 30 Local Government Areas of Osun State, opined that “the Dollar Rain, if it is true, is a gratuitous insult to the dignity and integrity of Yoruba culture and tradition as it presents our people as purchasable items for any moneybag with deep purse”
Recent successes by the Nigerian Military against the raging insurgency in the North-East seem to inspire confidence that the nation can, after all halt the loss life of innocent persons and of territory to a needlessly protracted conflict