(July 31, 2002) Geologists fear the weight of the world’s tallest building may have transformed a stable area into one susceptible to seismic activity. But compared with dams, they say, buildings such as Taipei 101 are mere pinpricks on the Earth’s surface.
Learn from Abachas’ dilemma, ex-naval officer tells leaders
(July 31, 2002) Commodore O.T.I. Alibo, (rtd) has advised Nigerian leaders to learn from the difficulties being experienced by the family of late Head of State, General Sanni Abacha, and be upright.
IMF says country is making efforts to resuscitate economy
(July 31, 2002) The International Monetary Fund (IMF) says the Zimbabwean government was making efforts to resuscitate the economy before it announced the 2002 supplementary budget last week.
IMF policies are not good for Nigeria, says ex-Director of Budget and Planning
(July 30, 2002) The policy on open, liberal economy, privatisation of public utilities and devaluation of the local currency prescribed for Nigeria by the International Monetary Fund (IMF) has been identified harmful to the country’s economic development.
Mock Accountability: A Review of the Asian Development Bank’s Inspection Function
(July 30, 2002) Probe’s submission provides a public record of why the ADB’s inspection of Thailand’s Samut Prakarn Wastewater Treatment Project has failed to deliver the level of accountability and justice demanded by affected communities.
Mohammed Abacha sues Federal Govt
(July 30, 2002) In a motion on notice filed at the Abuja High Court by his counsel, Mr.Yunus Usman (SAN), Mohammed is seeking the leave of the court to enforce his fundamental human right.
Bujagali dam contract ‘smuggled’ into court
(July 29, 2002) Government claims it does not exist but a document said to be the confidential Power Purchase Agreement for the Bujagali dam has been filed in court.
Be open, Bujagali opponents advised
(July 29, 2002) Opponents of the Bujagali Hydropower project have been advised to stop running overseas in an attempt to block the project.
Naira depreciation lifts debt conversion … as investors offer higher discount
(July 29, 2002) Efforts to reduce the nation’s stock of external debt received a boost last week, as the two participating investors offered an unprecedented discount of 25.5 pence on each dollar of debt instrument purchased.
G8, IMF, World Bank are the source of problems
(July 29, 2002) The G8, IMF and World Bank are the source of African countries’problems, Women for Change (WFC) executive director Emily Sikazwe has charged.
Anti-corruption campaign and abuse of judicial process
(July 29, 2002) Determined to set an example in his anti-corruption crusade, President Obasanjo instructed that Julius Makanjuola and four other senior officials, who allegedly embezzled over 400 million naira, be apprehended and charged in court.
Government engages forensic auditors to probe ZNOC’s US $100m loan
(July 27, 2002) The government has engaged forensic auditors to establish the position on the Zambia National Oil Company (ZNOC) US$100 million loan and the sale of ZCCM non-core assets, Parliament heard yesterday.
New disclosures on Chalillo point to grave duplicity
(January 27, 2002) An announcement this week from the Canadian consulting firm AMEC states that AMEC has not signed a contract and does not intend to bid on the design contract for the proposed Chalillo Dam in Belize.
Nigeria struggles under weight of foreign debt
(July 26, 2002) “From April 1999, I went round the countries in Europe, twice over, I went to Japan, to America, to Canada and got good words . . . but no action at all.”
Government ties Mohammed Abacha’s freedom to $402m deal
(July 26, 2002) The Federal Government is not disposed to releasing, on bail, the detained son of the late Gen. Sani Abacha, Mohammed, until he pays $402 million into its coffers.
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