(July 14, 2000) Money recovered so far from members of past administration has risen by N66 billion ($66 million), from N6.88 billion.
(June 16, 2000) US Treasury Secretary Larry Summers has reversed US government policy and broken the consensus of creditors, by agreeing that Nigeria should be granted “multilateral debt reduction ….by the international financial community”.
(June 5, 2000) “Debt Cancellation for Nigeria, will serve as a clear indicator of the commitment of the international community to support sustainable development and to consolidate democracy in Nigeria.”
(May 15, 2000) Johnnie Cochran, who became one of the United State’s richest and most famous lawyers when he defended O.J. Simpson, has been hired by the relatives of a Nigerian dictator to halt the recovery of billions of dollars stolen from the government.
(May 10, 2000) Hundreds of millions of pounds stolen by the late Nigerian dictator General Sani Abacha and his entourage is stashed in bank accounts in London and Jersey, lawyers working for the Nigerian government claimed yesterday.
(March 28, 2000) President Olusegun Obasanjo has called for immediate debt relief for Nigeria, pointing to the fact that his country is at a crucial time in its democratic transition and in urgent need of international support.
(September 3, 1999) President Olusegun Obasanjo intends to spend his 100th day in office working as usual, officials told AFP this week.
(August 22, 1999) Nigeria is to investigate the sins of its military past in an unprecedented attempt to curb the power of the generals who have ruled for most of the years since independence.
(August 20, 1999) Olusegun Obasanjo, Nigeria’s former military ruler, swept back to power as the state’s first elected civilian leader in 15 years.
(July 1, 1999) British Jubilee 2000 is pressuring banks in the UK to freeze and help return an estimated 55 bln USD in ill-gotten gains placed abroad by Nigerians.
(June 16, 1999) Nigeria’s new president, Olusegun Obasanjo, has announced a series of steps to shake up the country since coming to power three weeks ago, ending more than 15 years of military rule.
(June 15, 1999) Muriel Olaiya lives more comfortably than most Nigerians. For a start, her husband has a job. It pays for the extras that make the difference between living and simply surviving in Lagos.
(May 24, 1999) The President-Elect Olusegun Obasanjo has made an impassioned plea to the West for “substantial and immediate” relief on the country’s estimated $34 bn external debt.