NIGERIA: Calling 911
● The government has requested a cumulative USD 6.9bn from multilateral institutions. ● While the government is keen to secure funding without committing to an IMF program, the Fund will likely want to see an up-front reform commitment. ● Pointing to the dire state of publi… Become a member to read the rest of […]
NIGERIA: The lock-down experiment
The two-week lockdown of Abuja and Lagos enacted this week is a litmus test of the extent to which Nigeria can implement measures designed in and for rich economies in containing the spread of Covid-19. As President Muhammadu Buhari’s influential chief of staff Abba Kyari has tes… Become a member to read the rest […]
NIGERIA: Heading for 2016 redux as ‘Buharinomics’ likely to shift into top gear
Nigeria enters the ensuing COVID-19-induced economic crisis in a much weaker state than previous crises. Nevertheless, the administration will fight tooth and nail to avoid a devaluation in the short-term. Demand management will be the main tool … Become a member to read the rest of this article
NIGERIA: Supreme court verdicts on 2019 governorship races – a mixed bag
On 20 and 21 January, the supreme court delivered the last batch of verdicts on the legal challenges of the results of gubernatorial elections held in most states in March 2019. Although the judgments suggest a bias towards the ruling All Progressives Congress (APC), overall the … Become a member to read the rest […]