Goodluck Jonathan

This tag is associated with 11 posts

Mark Mobius: A New Way Forward For Nigeria?

A couple of years ago, many investors were optimistic about Nigeria and the stock market was booming, buoyed by strong economic growth and government reforms to improve the country. However, by 2014, the mood soured amid a series of unfortunate events, including the terrorist acts of Boko Haram, an Ebola outbreak and the weakening price … Continue reading

Nigeria’s Sovereign Credit Still At Risk Despite Smooth Presidential Election Transition, Fitch Says

Risks to Nigeria’s sovereign credit rating remain, despite a smooth transfer of power from March’s presidential elections, as the change of government creates uncertainty over its economic policy, Fitch Ratings said in a statement on Thursday. Muhammadu Buhari of the All Progressives Congress (APC) is set to succeed the incumbent Goodluck Jonathan as Nigeria’s president on May 29, following … Continue reading

Post-Election Violence: Is Wall Street Plotting To Destroy Nigeria? – OpEd

By Caleb Maupin The Nigerian elections, in which current president Goodluck Jonathan has lost to former military dictator Muhammadu Buhari, were highly contested. Violence broke out across Nigeria between supporters of the two candidates. Jonathan’s base of support is the Christian communities of the southern regions. Buhari’s base of support has been the Islamic regions. After … Continue reading

Nigeria: The Dynamics Of An Oil Crisis

By Daniel Djouder The new trend of low oil prices has rapidly escalated, carrying negative effects for producers and positive effects for the economies of importers, though these have been slow to become apparent. In this complex scenario, the oil-dependent country of Nigeria finds itself in a very peculiar position owing to a specific mix of … Continue reading

Nigeria’s 2015 Presidential Election: Four Possible Scenarios

By Stratfor Global Intelligence The controversial bid by Nigerian President Goodluck Jonathan to seek re-election has jeopardized Nigeria’s political stability. The Boko Haram insurgency in northeastern Nigeria, which pushed back presidential and national assembly elections from Feb. 14 to March 28 because of security concerns, has complicated this picture. Gubernatorial and state houses elections set for Feb. 28 were … Continue reading

Will Democracy Survive In Nigeria?

By Joseph Benzekri Nigeria’s deadly insurgent group Boko Haram declared its allegiance to ISIS on March 7, following what was reported to be female suicide bombings killing over 50 in Maiduguri. Much like ISIS, the equally nihilistic Boko Haram appears to be edging closer to its own caliphate in northern Nigeria. In light of increasing violence … Continue reading

U.S. Imperialism And Militarism Breeds Instability In Africa – OpEd

By Abayomi Azikiwe An escalation in violence in Libya has prompted the call from Egyptian President Abdel Fattah al-Sisi for military intervention by the “international community.”  Such an appeal suggests that the Egyptian leader, who staged a military coup against the former President Mohamed Morsi in July 2013, is requesting a renewed imperialist-led campaign in … Continue reading

For African Dictators, Terrorism Has Its Up-Sides – OpEd

By Marcu Niculescu Global freedom is declining, at least according to the Washington-based NGO Freedom House, and two key issues are contributing to this trend: the rise of violent acts by terrorism groups and increasingly aggressive counter-measures by governments. Around the world, governmental abuse in the name of the ‘war on terror’ is being witnessed, from the … Continue reading

Nigeria’s Elections: A Perilous Postponement

By International Crisis Group Why Is the Postponement, and Nigeria’s Wider Electoral Challenges, Important for Africa? Nigeria is Africa’s most populous country (est. 178 million) and largest economy (GDP over $500 billion). The growing risk of instability could have profound security, humanitarian and economic implications. Furthermore, any subversion of the country’s democratic progress could dampen democratic developments … Continue reading

Nigeria Postpones Election For Six Weeks To Combat Boko Haram

Nigeria’s electoral commission, the Independent National Electoral Commission (INEC), announced on Saturday that it will postpone the nation’s February 14 Presidential and Legislative elections for six weeks, with a new date set for March 28, to allow time for a new multinational force to secure the northeastern region under the control of Islamic extremist group … Continue reading

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