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Nigeria: Questions Mount Over U.S. Airstrikes in Northern Nigeria$

By Leslie Varenne, MondAfrique: The American strikes carried out in Nigeria on Christmas Day raise serious questions. Beyond the confusion surrounding the objectives of the operation, inconsistencies in official statements, and the unclear nature of the targets, the...

Nigeria grapples with end of fuel subsidyF

By Alexandre Martins Lopes: Nigerians are struggling with surging fuel prices after newly elected President Bola Tinubu declared an end to popular subsidies, a move analysts and experts said was long overdue. On his first day in office, Tinubu kept to his campaign...

Nigeria facing daunting economic outlookF

Posted On 8 October 2020

Nigeria plans a record budget as the country faces possible negative growth in the third quarter and slipping back into recession, the president told lawmakers on Thursday. Africa’s largest economy is being battered by the global economic fallout from the coronavirus pandemic as a drop in crude oil prices deprives it of key revenues. “Revenue generation remains our major challenge,” President Muhammadu Buhari said in a speech to a joint session of the National Assembly in the capital, Abuja. “Our economy may lapse into the second recession in four years, with significant adverse consequences,” he said “However, we are working assiduously to ensure a rapid recovery in 2021.” The 77-year-old presented a record budget for 2021 of 13.1 trillion naira ($35.3 billion), which represents a more than 20 percent increase from last year’s spending plan. The budget, he said, comes with a deficit of 4.8 trillion naira that will be financed mainly by borrowing. Buhari noted that global crude prices tumbled early in the year as the pandemic hit, falling below $20 per barrel in April and hovering around $40 since. The budget is based on a price assumption of $28 per barrel.

AFP

Recent News from Nigeria

Nigeria Adjusts Airstrike Strategy Under Expanded U.S. Security Cooperation$

Nigeria is modifying how it conducts air operations against armed groups under a revised security arrangement with the United States. The new framework places greater emphasis on U.S. intelligence and reconnaissance support while shifting operational responsibility to Nigerian forces. The approach reflects Abuja’s effort to balance external assistance with domestic control amid ongoing security challenges in the country’s northwest.

Nigeria: Questions Mount Over U.S. Airstrikes in Northern Nigeria$

The U.S. airstrikes carried out in northern Nigeria on Christmas Day have triggered confusion and skepticism across the region. Conflicting statements from Washington and Abuja, uncertainty over the identity of the targeted groups, and reports from strike locations where no militants were found have raised serious questions about the operation’s objectives. In an already fragile security environment, the lack of clarity risks adding instability rather than addressing Nigeria’s complex security challenges.

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