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Nigeria Freezes Currency Change
President Umaru Yar'Adua had not given his written permission
Nigerian Justice Minister Michael Aondoakaa said he is freezing a plan to re-denominate the Nigerian currency,
the naira. The plan had been announced by the governor of the Central Bank, Chukwuma Soludo, last week. Mr Aondoakaa
said the plan was frozen because President Umaru Yar'Adua had not given his written permission. The case has raised
questions about the effectiveness of the leadership of the new president. Ten days ago amid much fanfare, Mr Soludo
told an audience of hundreds of dignitaries that the naira would be redenominated. more>>
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 Forces Behind Policy Reversal
Although the Federal Government yesterday cited procedural error for suspending the naira re-denomination proposal,
there were speculations that the President was under intense... more>>
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 Yar’Adua pledges better security
President Umaru Musa Yar’Adua on Friday assured the international community that his administration was working
to improve the security situation across the country. more>>
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 Nyame:
I’m Ready to Forfeit Loot
Former Governor of Taraba State, Reverend
Jolly Nyame, has owned up to some of the allegations of stealing public fund leveled against him saying he is ready
to return all illegal... more>>
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