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Nigeria at 50

Inside this issue

• The ascent of a president who has more than lived up to his name

• The development of at least three offshore oil projects hangs in the balance - -

Content

Frustration at promise unfulfilled

William Wallis considers what might be in store ahead of the presidential elections after a year of intrigue

Goodluck Jonathan: Improbable rise to pinnacle of power

William Wallis and Tom Burgis on the ascent of a president who has more than lived up to his name

Economy: Slipping down the ladder again

William Wallis fears there may be a return journey to stagnation

Electoral reform: Big push to eliminate endemic fraud

Shyamantha Asokan reports on efforts to compile a legitimate register

The young: Frustration at the gap between ‘where we could be and where we are’

Would-be reformers have few routes to the top, writes Shyamantha Asokan

Gas: Reasons for paucity despite plenty of fuel

Simon Mundy reports on the obstacles that hold back investment in collection systems and pipelines

Guest column: How it is that things haven’t fallen apart

Nigeria’s greatest achievement is its determination to make democracy work, writes Helon Habila

Oil industry: Controversial bill still hangs in the balance

Tom Burgis asks whether long negotiated legislation has been worth the effort

Concessions: A complex game of brinkmanship

New operators are queueing around the block to get in, writes Tom Burgis

Guest column: Leadership required to tackle delta’s oil spills

The issue is finally at the forefront of global attention, writes Patrick Dele Cole

Electricity: Anxious to avoid yet another false dawn

Regional profile: Industrial towns are hostage to forces beyond their control

Fuel barons: Oligarchs’ party may be over

Interview: Lament for a lost sense of civic duty

Politics: Change in zone system threatens old guard

The Niger delta: Patronage model ‘is a route to disaster’

Telecoms: Mobiles may be future of banking

Broadband: Competition is expected to bring a burst of e-commerce activity

Banking: Regulatory blitz starts to restore confidence in scandal-prone sector

Excess crude account: Rainy day fund runs dry

Lagos state: What it takes to get things done

Capital markets: Regulator intends to shake up the bourse

Private equity: Professionals see the money to be made back home

Distressed assets: Brothers go for broke

The North: Behind in every single measure of development

University: ‘You learn to do things on your own’

Lamido Sanusi: A champion of development

The slow lane: Gridlocked streets cast blight on Lagos

Churches: Riches in this life, salvation in the next

Aliko Dangote: How to flourish in a tough environment

The Chinese: Traders struggle in a hostile environment on their home turf

Music: Pirates take lion’s share of profits from Fela’s successors

Slums: There’s more to life than scamming

New consumers: The new middle class is in manufacturers’ sights