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Nigeria 2007

Nigeria

Umaru Yar’Adua, the victor in April’s elections, has inherited perhaps the healthiest balance sheet of any new Nigerian head of state since independence. Even Nigerian writers are on a roll. But what the malaise novelists have portrayed so powerfully in their writing remains grimly present in today’s polity. - -

Content

Highest stakes for a generation

Once again, elite Nigerians dare to hope that the country could lead the continent on the global stage, writes William Wallis

ECONOMY: Recovery has failed to reach the poor

Things are looking better than they have for 30 years but states need to deliver, writes William Wallis

EXCLUSIVE INTERVIEW: Quiet man takes charge at Asa Rock

Matthew Green and William Wallis talk to a president keen to be seen as a ‘servant leader’

CAPITAL MARKETS: Betting bus-loads of cash

Matthew Green reports on the retail investors who have joined the scramble

POLITICS: A badly flawed exercise in democracy

If Yar’Ardua is serious about reform he may have to remote impunity for state governors, writes Dino Mahtani

THE MILITARY: Army decays as morale dwindles in the barracks

Increasingly diverse lines of command make it more difficult to pull off a coupe these days, writes Dino Mahtani

LITERATURE: Young writers leave their mark

A new generation of Nigerian novelists is gaining international recognition, writes Michael Peel

THE NEW OLIGARCHS: Mega-rich deploy wealth closer to home

William Wallis profiles the tycoons who have made the most of the recent economic boom

THE NIGER DELTA: Militants bent on ‘resource control’

Armed by politicians to help enforce rigging in the 2003 election, dissidents turned into warlords, writes Dino Mahtani

OIL PRODUCTION: Crisis of confidence among the old hands

The government is courting state-owned Asian companies, writes Dino Mahtani

GUEST COLUMN: Warmth, resilience and humour

LAGOS: Forbidding hinterland ‘like living in a movie’

THE NORTH: High expectations

NITEL: Big effort to transform moribund state company

ELECTRICITY: A long wait for light

MANUFACTURING: Dying to keep up with competition from the Chinese

FREE TRADE ZONES: ‘Resort’ is designed to keep business at home

LNG: A critical role in world energy

PORTS: Congestion on the decline

PROFILE: First Bank in race to win over the little guy