Nigeria: May 19, 2001

Archives

 In the past 30 years, Nigeria has earned $280 billion in oil revenue. But in the last 25 years, income for average Nigerians has fallen 40 percent. In addition, corrupt governments have piled up some $30 billion in foreign debt (which Nigerians are demanding be forgiven.) The basic problem in Nigeria is corruption at all levels of government. Nearly everyone either takes bribes, or is open to such offers. There is little trust in government institutions, and even vigilante organizations formed to deal with out of control crime, soon becomes corrupt.

 

Article Archive

Nigeria: Current 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 


X

ad
0
20

Help Keep Us Soaring

We need your help! Our subscription base has slowly been dwindling. We need your help in reversing that trend. We would like to add 20 new subscribers this month.

Each month we count on your subscriptions or contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage. A contribution is not a donation that you can deduct at tax time, but a form of crowdfunding. We store none of your information when you contribute..
Subscribe   Contribute   Close